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ATTACHMENT A <br /> <br />CITY OF PLEASANTON <br />FINANCIAL POLICIES <br /> <br />The following Financial Policies are established to see that the <br />city's finances are managed in a manner which will (1) continue to <br />provide for the delivery of quality services, (2) maintain and <br />enhance service delivery as the community grows in accordance with <br />the general plan, (3) quarantee a balanced budget annually <br />assuring that the city is always living within our means, and (4) <br />establish reserves necessary to meet known and unknown future <br />obligations. To achieve these goals the following Financial <br />Policies are presented which include Revenue Policies, Reserve <br />Policies, Budgeting and Expenditure Policies, Debt Service <br />Policies, and Capital Improvement Policies. <br /> <br />A. REVENUE POLICIES <br /> <br />The City will try to maintain a diversified and stable <br />revenue system to shelter the community from short-run <br />fluctuations in any one revenue source through pro-active <br />land use and zoning. <br /> <br />· The city will aggressively pursue revenue collection and <br /> auditing for all existing revenue sources. <br /> <br />The city will annually, by an objective and analytical <br />process, estimate revenues for the next three years and <br />incorporate the next years' estimate into the budget <br />document. <br /> <br />The City will review user fees and charges and attempt to set <br />them as close as possible to the cost of providing services, <br />except as provided by specific policy or direction. <br /> <br />At least every two years the City will review the user fees <br />and charges to determine if fee increases are required to <br />maintain the relationships to the cost of providing services <br />provided in this resolution. <br /> <br />The City will review at least every two years fees and user <br />charges for funds such as water and sewer. The fees and <br />charges will be set at a level that fully supports the total <br />direct and indirect cost of the activity, including <br />administrative overhead and depreciation. <br /> <br />The City will prepare quarterly budget reports of actual <br />revenue received for review by the City Council to provide <br />information on the status of the City's financial condition. <br /> <br /> <br />