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HomeMy WebLinkAbout97-292 Resolution No. 97-292 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 ( 1998-2002 ) ; and WHEREAS, the Ten Key Issues for the Community formulated from extensive dialogue with citizens were used to guide the formulation of the 1998-2002 Five-Year Financial Plan; and WHEREAS, the Proposed 1998 Budget and 1998-2002 Financial Plan has been distributed to 350 citizens; and WHEREAS, the City Council has conducted extensive budget reviews and policy discussions throughout the months of November and December; and WHEREAS, the Proposed 1998 Budget and 1998-2002 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: December 17 , 1997 Adopted: December 17 , 1997 Vote: Yeas 7 Nays 0 Attest : s/ Dolonna Mecum Dolonna Mecum, City Clerk