BUDGET

By Susan Wengraf

• Focus on the long-term fiscal health of the City by adopting a two-year budget and conduct multi-year planning;
• Build a prudent reserve;
• Develop long-term strategies to reduce unfunded liabilities;
• Control labor costs while minimizing layoffs;
• Allocate one-time revenue for one-time expenses;
• Require enterprise and grant funds to balance and new Programs to pay for themselves:

○ Any new expenditure requires revenue or expenditure reductions
○ No new capital projects until current program is funded
○ No new prorams that will increase our unfunded liabilities