Envision Shakopee

3A Continue planning for future infrastructure needs by preparing the 5-year Capital Improvement Plan (CIP). The CIP aids in balancing needs against limited financial resources. Beyond the CIP, long-range forecasting will continue to be needed to ensure sustainability. Service Funds, and Enterprise Funds. Long- range forecasts aid in maintaining a stable tax rate as future spikes in needs can more easily be anticipated and planned for. 3C Maintain a strong bond rating to minimize the impact of borrowing Consider both short-term capital investment cost and long-term maintenance, operations and replacement costs when making financial and project decisions 3B These long-range forecasts need to be prepared for the General Fund, Internal 3D

3 ENSURE LONG-TERM SUSTAINABILITY

Goals & Strategies 7

ENVISION SHAKOPEE | SECTION VI: GOVERNANCE

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