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Finance director presents rewritten long‑range financial strategy and consolidated fiscal policies for council review
Summary
Finance Director Kelly Cochran presented a reworked long‑range financial strategy that ties the comp plan, community strategic plan and capital program to budget decisions; staff proposed new contingency guidance, capital financing options and a SharePoint review process for council feedback.
Redmond’s finance director on April 14 brought the council an updated long‑range financial strategy and a consolidated set of fiscal policies intended to align multi‑year planning documents with near‑term budgeting and community priorities.
Kelly Cochran said the long‑range strategy — first created in 2005 — has been reframed to reflect Remin 2050, the community strategic plan and programmatic functional plans so that capital and operating investments better reflect expected outcomes. “How are we going to make these commitments sustainable?” Cochran asked, urging stronger crosswalks…
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