06/12/2018 Resolutions 2018-170RESOLUTION 2018-170
WHEREAS, the 2016-2017 budget process resulted in much discussion and concern
in regards to future budgets and sustainability; and
WHEREAS, the City Council requested the preparation of a balanced budget for the
2017-2018 budget year; and
WHEREAS, the City Council did adopt a balanced budget for 2017-2018 budget year
at the September 12, 2017 meeting; and
WHEREAS, the balanced budget required a reduction of staff and services and
additional tax and other revenues, which were incorporated into the 2017-2018 budget; and
WHEREAS, the City Council desires that city administration present a balanced
budget for 2018-2019 for council consideration; and
WHEREAS, a budget increase limited to not more than 2% over the current budget
appropriations will be required in order to accomplish a balanced budget for 2018-2019.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that general fund budgets adopted for the 2018-
2019 and subsequent budget years will balance with current revenues and cash forward greater than
or equal to total appropriations.
Adopted by the City Council of the City of Grand Island, Nebraska, June12, 2018
Attest:
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RaNae Edwards, City Clerk
Jer m L. Jen n yor
Approved as to Form tt
June 11, 2018daae-@�8� tt City