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HomeMy WebLinkAboutRESOLUTIONS-1979-067-PR-79a 67-PR-79 A RESOLUTION Establishing A Budget Control Policy WHEREAS, the Mayor has appointed a Budget Policy Committee to establish short .and long-term policies concerning City budgeting; and WHEREAS, the City Council of the City of Evanston wishes to pro- vide a sound fiscal policy concerning expenditure and taxing levels for the City of Evanston; and WHEREAS, it is intended that such policy shall provide for a maximum of flexibility while at the same time assuring an orderly format for municipal spending and property tax utilization: NOW, THEREFORE, BE IT RESOLVED by the City Council fo the City of Evanston that the annual growth in City expenditures on a fund -by -fund and/or service area basis shall not exceed the increase in the Consumer Price Index for the last full calendar year prior to the date of budget adoption; BE IT FURTHER RESOLVED that the City Council shall annually, by September of each year, establish the figures to be used as the base in determining the annual growth in City expenditures, and that such base may allow for certain. exclusions of self-sustaining programs, special grants, 0 pensions, judgment funding;-unreimbursed mandated costs, and othee'prog-4Tns or capital improvement projects; BE IT.FURTHER RESOLVED that when determining such expenditure limits, the real property tax levy for each budget beg inning with the 1980 budget shall not increase more than the growth in the Consumer Price Index for the previous calendar year. This increase may exclude the tax levy on new real property construction, unreimbursed mandated programs, pension , judgment funding requirements, and other programs or capital pro,io; 't : r YP f r i i !! have been excluded in the determination of the expenditure base. After the adoption of the 1980 budget, the City Manager shall report`to the Council - t i on the application of this pol.icy resolution. The City Council shall review I this report and propose a budget policy for subsequent years; BE IT FURTHER RESOLVED that new alternative revenue resources shall be first applied to fund existing programs or projectsin lieu of property tax funding; .and r BE IT FURTHER RESOLVED that the Budget Policy Committee shall work with the City administration to develop a system to forecast long-range revenues and expenditures utilizing the adopted policies, and criteria. ATTEST: a ' City Clerk '+ Adopted: 1979. 1 1, • II fi iE 3i 1 ! •f t f y{ -2-