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R-08-24 RESOLUTION NO. R-08-24 BUDGET PROCESS "VVHEREAS, the City of Fairfax currently has a favorable balance betvvcen residential and commercial sources ofreverrues; and VVHEREAS,. the City Council vvishes to insure that this balance is maintained; and V\THEREAS" in order to achieve the above" the City Council needs to exercise careful deliberations throughout the budget process; NOV\/', THEREFORE, BE IT RESOLVED THAT: 1 _ The J\...1.:ayor and City Council shall develop general guidelines for the budget and provide them to the City J'V1:anager by October 31; and 2. The Capital lrrlprovements Program shall be considered by the City Council prior 1:0 its consideration. of the annual budget; and 3. VVhere appropriate, revenues related to expenditures shall be reflected in the proposed budget documents; and 4. The 1\.I1ayor and City Council shall meet "-Vith selected boards and commissions in "-Vork sessions as part of the budget deliberations to revie"-V budget items conceming areas of interest to the boards and commission; and 5. The J\Ilayor and City Council shall conduct a mid-point revievv of the implementation of the budget; and 6. The City Council shall adopt the budget for the coming fiscal year at the first regular meeting in April of each year. Adopted this IS< day of July 2008_ ~~-~-d~ J\...1:ayor ATTEST: '-//;Z~-~ City Clerk The vote on the motion to approve "'\.Vas recorded as folloV\l"s: VOTE: Council"-Vomar1 Cross Councilman Drummond Councilman Greenfield Councilman rv1:eyer Councilman Rasmussen Councilman Stombres Aye Aye Aye Aye Aye Aye