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