Strategic → CiTy of eusTis shorT - Term finanCial Plan●●●●Economic Forecasting: Monitoring economic conditions and revenue trends is essential for shortterm planning. Understanding how local and regional economic factors can impact the City’sfinances helps make informed decisions about budget adjustments and resource allocation.Reserve Policies: The City has policies that dictate the size and use of reserves. Short-termfinancial planning aligns with this policy to maintain fiscal responsibility and accountability.Transparency and Accountability: The City engages the community and clarifies the short-termfinancial planning process. Public input, financial reporting, and regular updates on the City’sfinancial health help build trust and accountability.Review and Adjust: Short-term financial planning is dynamic. City management regularlyreviews the budget and financial performance, making adjustments as necessary to ensure theCity remains on track to meet its goals and obligations.Short-term financial planning is an ongoing and dynamic process that plays a vital role in the City’sfiscal health, carefully managing budgets, cash flow, reserves, and debt and remaining adaptableto changing circumstances. The short-term plan acts as a stepping stone that helps the City progress towards its long-term vision, where it can ensure its financial stability and ability to provideessential services to its residents.64City of Eustis, FloridaAdopted BudgetBack to TOC
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