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POLICY PROPOSAL
DATE FILE NUMBER SUBJECT PAGE 1 OF 1
2/1/83 CP-100 Financial Management Plan
PROPOSAL PROPOSED BY: CITY M NAGER'S REVIEW
City Council 1 �3'�' r3� zd&,7
Background
In a series of meetings reviewing the revenue projections upon which the 1982-83 budget
was based, the Council Audit Committee and staff identified a potential shortfall of
$3.3 million. Subsequently, the City Manager has submitted expenditure reduction plans
developed by departmental managers that total $3,467,159.
To demonstrate to the citizens of Fort Worth the City Council's strong commitment to
living within the reduced budget while continuing to seek to provide the highest possible
level of service for each tax dollar paid, it is proposed that the policies below be
clearly stated at this time. s
Proposal
It is proposed that the City Council:
1) Direct the Manager to present to the Council any proposed expenditures which would
result in a department exceeding its revised budget amount;
2) Request the Council Audit Committee to review status reports on departmental
expenditures each month; and,
3) Affirm to the City Manager and his staff that the Council considers the management
and control of the City's finances to be of the highest priority at this time and
that the Council expects that staff at all levels of organization will be held
accountable for decisions that impact the City's fiscal condition.
Legality
This action is within the purview of the City Council.
Fiscal Note
This action does not require an expenditure of funds.
City Manager's Comments
The City Manager concurs with this proposal.
LEGALITY
FISCAL NOTE ZI
CITY MANAGER'S COMMENTS