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<br />information including a resolution reflecting this policy concept and provide information <br />regarding establishing a Capital Improvement Reserve account. <br />FISCAL IMPACT <br />There is no direct impact of this action because the report is not recommending new revenues or <br />expenditures. Rather, the report provides for a system the Council can use for determining <br />expenditures. As indicated, if approved, staff will provide the Council with recommended <br />expenditures based on the categories noted above. <br />Respectfully Submitted, <br /> , <br />5~~ ~ ft,~C; I <br />Steven R. Bocian Sue Rossi Nelson Fialho <br />Assistant City Manager Director of Finance City Manager <br />SR:05:312 <br />Page 8 <br />