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HomeMy WebLinkAbout06-312 Resolution No. 06-312 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(2007-2011); and WHEREAS, the Elgin City Council and staff engaged in a strategic planning session on June 7, 2006; and WHEREAS,strategic goals for the community were formulated from extensive dialogue and incorporated into the 2007 Budget and 2007-2011 Financial Plan; and WHEREAS,the City Council has conducted extensive budget reviews and policy discussions throughout the months of November and December; and WHEREAS, the Proposed 2007 Budget and 2007-2011 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 20, 2006 Adopted: December 20, 2006 Vote: Yeas: 6 Nays: 0 Attest: s/Dolonna Mecum Dolonna Mecum, City Clerk