Request for Council Action for Resolution 2005-48 REQUEST FOR COUNCIL ACTION

RESOLUTION: 2005-48

SUBJECT: Rescinding Resolution 2005-46 and establishing Certain Budget Policies

RECOMMENDATION: Approval

SUMMARY AND BACKGROUND OF SUBJECT MATTER:

A Study Session was held on July 18 and August 1, 2005, at which the City Council decided to establish certain budget policies if the voters approve a sales and use tax rate increase on November 1, 2005.

FUNDING SOURCE: N/A

RESOLUTION ADOPTION DATE: August 8, 2005

ORIGINATED BY: Lakewood City Council

STAFF PERSON RESPONSIBLE: Michael J. Rock, City Manager, 303-987-7050

DOCUMENTS ATTACHED: Resolution 2005-48

SUBMITTED BY:
Michael J. Rock, City Manager

REVIEWED BY:
Joni Inman, Director Mayor and City Manager's Office