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HomeMy WebLinkAbout98-274 Resolution No. 98-274 RESOLUTION ADOPTING THE FIVE-YEAR FINANCIAL PLAN WHEREAS, the City of Elgin has conducted an extensive dialogue with the community in drafting a Five-Year Financial Plan ( 1999-2003) ; and WHEREAS, the Ten Key Issues for the Community formulated from extensive dialogue with citizens were used to guide the formulation of the 1999-2003 Five-Year Financial Plan; and WHEREAS, the Elgin City Council and staff engaged in an intensive strategic planning session on June 13 and 14 , 1998; and WHEREAS, strategic goals for the community were formulated from extensive dialogue and incorporated into the 1999 Budget and 1999-2003 Financial Plan; and WHEREAS, the Proposed 1999 Budget and 1999-2003 Financial Plan has been distributed to more than 200 citizens; and WHEREAS, the City Council has conducted extensive budget reviews and policy discussions throughout the months of October and November; and WHEREAS, the Proposed 1999 Budget and 1999-2003 Financial Plan has 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/ Kevin Kelly Kevin Kelly, Mayor Presented: November 18, 1998 Adopted: November 18, 1998 Vote: Yeas 5 Nays 0 Attest: s/ Dolonna Mecum Dolonna Mecum, City Clerk