Laserfiche WebLink
that the Council could not change this policy if we get significantly better or significantly <br />worse news affecting FY 03/04. We will also revisit this policy a year from now to see if it is <br />still relevant before developing FY 04/05 budget. <br />Our recommendation is based upon thorough analysis of our fiscal position and most <br />importantly the long range impacts of today's decisions. We have tried to balance our <br />fiscal conditions with service levels reductions and prudent uses of our reserves. This <br />recommendation was first reviewed by a budget group composed of the Finance Director, <br />Public Works Director, Assistant to the City Manager, and the City Manager, and then <br />approved unanimously by the full Executive Team. Staff is available to answer any <br />question you may have. <br />��4/� <br />Brian Ponty <br />Finance Director <br />d Everett <br />City Manager <br />Page 5 of 5 <br />