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Res 2017-074/approving a Budget Policy Statement for preparation of the 2017-2018 fiscal year budget
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Res 2017-074/approving a Budget Policy Statement for preparation of the 2017-2018 fiscal year budget
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5/3/2017 4:10:18 PM
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City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2017-74
Date
4/18/2017
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* Funding for special programs remains flat. Organizations can request increases <br /> during the budget process for specific programs <br /> * Evaluate funding for potential events and projects <br /> * Economic Development Funding <br /> * Continued funding by the three major funds of a total of $200K annually to <br /> provide a funding source for potential economic incentives in the absence of <br /> 4A/4B funding. Fiscal year 201 will be the 4rd year of annual funding. <br /> * Use of existing funds from fiscal years 2015 and 2016 to fund the BIG (Business <br /> Improvement and Growth) program. Funding may be added in future fiscal years <br /> based on need. <br /> * Potential Bond Election <br /> * Two bond propositions will be decided by voters in May 2017 <br /> * Budget will be adjusted appropriately based on the results of the election <br /> Budget Policy Page 4 April 18,2017 <br />
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