Fiscal Responsibility ( FR )
GOAL STATEMENT : Ensure fiscal stability and efficient use of resources
OBJECTIVE 1 : Maintain an appropriate / stable tax rate
Initiative 1 : Manage 2013 Bond Program Initiative 2 : Maintain public understanding and trust Initiative 3 : Retain flexibility to respond to new opportunities and challenges
OBJECTIVE 2 : Invest in maintenance of infrastructure and facilities
Initiative 1 : Maintain Town street and right-of-way infrastructure Initiative 2 : Implement planned facilities maintenance Initiative 3 : Maintain Town-owned stormwater infrastructure
OBJECTIVE 3 : Enhance Town ’ s existing Capital Improvement Program ( CIP ) process
Initiative 1 : Develop process to identify and manage future long-term capital initiatives
Initiative 2 : Position CIP to serve as bridge between strategic plan and annual budget process
Initiative 3 : Continue Vehicle and Equipment Replacement Team ( VERT ) program with focus on sustainable replacement schedule
OBJECTIVE 4 : Develop funding strategy for future needs
Initiative 1 : Devise strategy for funding capital priority projects and emerging needs
Initiative 2 : Continue building financial capacity through Revenue Savings Plan and other tools
Initiative 3 : Leverage funding opportunities with partners