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3 PLANNING SESSION
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Packet 20240420 Council WS Retreat
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3 PLANNING SESSION
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4/25/2024 5:39:48 PM
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4/25/2024 5:39:01 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
4/20/2024
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PERM
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STRENGTHENING OUR FINANCIAL FOUNDATION <br />¡Reserve Policy: 20% of budgeted expenditures held in reserve <br />¡Pensions / OPEB <br />¡Policy to build up trust funds to reduce future liability <br />payments <br />¡Future drawdown will reduce General Fund expenditures <br />¡10-Year Forecast: map out possible revenues and expenditures <br />to plan out needs <br />¡Internal Controls <br />¡RFP for Auditor <br />¡Internal Quarterly Budget Reviews <br />¡Performance Measures <br />2
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