DATE: December 5, 2018
TO: Council Budget and Finance Committee
FROM: Director of Finance
SUBJECT
Title
Update of General Fund Long Range Financial Model
End
RECOMMENDATION
Recommendation
That the Council Budget and Finance Committee receives an update and provides comments on the City’s General Fund Long Range Financial Model.
SUMMARY
This report provides an update of the City’s General Fund Long Range Financial Model (Financial Forecast Model). Staff requests that the Committee reviews and provides feedback prior to presenting this update to the City Council in January 2019. The update includes the latest revenue and expenditure projections and shows the impact to the City’s long-term financial outlook.
ATTACHMENTS
Attachment I Staff Report
Attachment II General Fund Long Range Financial Model- Update
Attachment III Updated Revenue & Expenditure Assumptions