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HomeMy WebLinkAbout94-324 Resolution No. 94-324 RESOLUTION ADOPTING THE FIVE-YEAR FINANCIAL PLAN WHEREAS, the City of Elgin has conducted an extensive and broad-based dialogue with the community in drafting a Five-Year Financial Plan ( 1995-1999) ; and WHEREAS, the community dialogue included 37 community meetings during the summer months; and WHEREAS, a Community Needs Statement was produced chronicling the input from the neighborhood meetings and the City organizational needs; and WHEREAS, the Mayor and members of the City Council reviewed the Community Needs Statement; and WHEREAS, ten key issues of the community, after being reviewed by the Mayor and members of the City Council, were used to guide formation of the Five-Year Financial Plan; and WHEREAS, the draft Five-Year Financial Plan, the 1995 Budget and Program Strategies, and the community a Needs Statement has been distributed to more than 350 participants P in the community meetings; and WHEREAS, budget documents including the draft Five-Year Financial Plan have been placed on file for public review with the City Clerk and at the Gail Borden Public Library. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS, that the Five-Year Financial Plan is hereby adopted as a policy document of the city to guide strategic planning and operations. s/ George VanDeVoorde George VanDeVoorde, Mayor Presented: December 14 , 1994 Adopted: December 14 , 1994 Vote: Yeas 7 Nays 0 Attest: s/ Dolonna Mecum Dolonna Mecum, City Clerk