HomeMy WebLinkAbout02-397 Resolution No. 02-397
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 (2003-
2007) ; and
WHEREAS, the Elgin City Council and staff engaged in a
strategic planning session in August of 2002 ; and
WHEREAS, strategic goals for the community were formulated
from extensive dialogue and incorporated into the 2003 Budget and
2003-2007 Financial Plan; and
WHEREAS, the City Council has conducted extensive budget
reviews and policy discussions throughout the months of October and
November; and
WHEREAS, the Proposed 2003 Budget and 2003-2007 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/ Ed Schock
Ed Schock, Mayor
Presented: December 18, 2002
Adopted: December 18, 2002
Omnibus Vote : Yeas : 7 Nays : 0
Attest :
s/ Dolonna Mecum
Dolonna Mecum, City Clerk