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<br /> <br />Mayor Johnson described how the City handled deferred purchases within the CIP. She noted these dollars <br />were not used for another item, but rather are set aside until a future date. <br /> <br />Councilmember Allen discussed how projections are made for the City 10 years out and how this was based on <br />real world conditions. <br /> <br />Mayor Johnson explained how the CIP helps the City plan for peaks and valleys while also assisting the City <br />Council in wisely putting dollars away for large capital expenditures. She thanked staff for putting together a <br />great financial plan for the City. <br /> <br />Councilmember Allen encouraged residents to keep in mind the Council has yet to approve the Parks <br />Comprehensive Plan. He explained the CIP would have to be amended at some point in order to incorporate <br />this plan. He reported it greatly benefited the City to have the CIP in place for financial planning purposes. <br /> <br /> <br />Worksession adjourned at 5:38 pm <br /> <br /> <br />Respectfully submitted, <br /> <br /> <br /> <br /> <br />Terri Spangrud <br />City Clerk <br />