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Redwood <br />California <br />City I <br />• Adhere to financial best practices and City Council Fiscal <br />Policies: <br />— Use one-time funds for one-time expenditures <br />— Use ongoing revenue to fund ongoing expenditures <br />— Pay down pension liabilities within 17 years <br />— Ensure adequate reserves <br />• Advance <br />the City's <br />Strategic Plan and the City <br />Council's <br />three top <br />priorities <br />of Housing, Transportation, <br />and Children <br />and Youth <br />• Implement the City's COVID-19 financial and community <br />recovery strategy (Respond, Restore, Reimagine) <br />28 of 32 <br />