RES 90130 - Laserfiche WebLink

CITY OF PLEASANTON PO. BOX ~20 · PLEASANTO'<. CALIFORNIA 94566~802 TO: FROM: DATE: SUBJECT: MAYOR AND CITY COUNCIL DZBORAH ACOSTA, CITY MANAGER June 15, 1990 FISCAL YEAR 1990-91 PRELIMINARY BUDGET AND FINANCIAL PLAN INTRODUCTION This document is the City's comprehensive budget plan for ail programs and services for fiscal year !990-91. Additionally, the budge~ is a statement of financial policy. This fiscal plan demonstrates the Council's past and present leadership commitment of providing quality services. The continuation of quality services to the residents of Pleasanton is possible because of ~--~id COmmu/%it¥ land-use planning which has created = ~v~r~= revenue stre~ from the business and residential community to support the cost of providing services to both the business and residential populations. With the adoption of this document, the Council will be adopting financial policies to see that the City's finances are managed in a manner which will (1) continue to provide for the delivery of quality services, (2) maintain and enhance service delivery as the community grows in accordance with the general plan, (3) guarantee a balanced budge= annually assuring that the City is always living within our means, and (4) establish reserves necessary to meet known and unknown future liabilities. To achieve these goals it is recommended that the Council also adopt by resolution specific financial policies including revenue policies, reserve policies, budgeting and expenditure policies and capital Improvement Policies. The proposed financial plan as presented in this budget reflects t_he recommended financial policies, describes the revenue available to the community, includes a description of the types of services provided and recommends enhanced services for consideration by the Council. II. FINANCIAL POLICIES The Financial Policies recommended for adoption in resolution form provide for: