20040706 r-04-50l
RESOLUTION NO. R-04-50
BUDGET PROCESS
WHEREAS, the City of Fairfax currently has a favorable balance between residential
and commercial sources of revenues; and
WHEREAS, the City Council wishes to insure that this balance is maintained; and
WHEREAS, in order to achieve the above, the City Council needs to exercise careful
deliberations throughout the budget process;
NOW, THEREFORE, BE IT RESOLVED THAT:
1. The Mayor and City Council shall develop general guidelines for the budget and
provide them to the City Manager by October 31; and
2. The Capital Improvements Program shall be considered by the City Council prior to
its consideration of the annual budget; and
3. Where appropriate, revenues related to expenditures shall be reflected in the proposed
budget documents; and
The Mayor and City Council shall meet with selected boards and commissions in work
sessions as part of the budget deliberations to review budget items concerning areas of
interest to the boards and commission; and
5. The Mayor and City Council shall conduct a mid-point review of the implementation
of the budget.
Adopted this 6th day of July, 2004.
Mayor