Wednesday, July 6, 2011

Tualatin Continues to Stay True to the Principles of Fiscal Health: "This year, the Fiscal Health model showed that Tualatin is in a very stable condition."

City Budget Recap: Last year, the City embarked on a Fiscal Health initiative in which staff assessed ongoing revenues and expenditures vs. one-time revenues and expenditures and incorporated new long-term planning tools to assist the decision making process. Other components of the Fiscal Health plan included: spending within our means; establishing and maintaining reserves; and being transparent about the "true cost of doing business."

This year, the Fiscal Health model showed that Tualatin is in a very stable condition.

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