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1 datasets found. Results 1 - 1 of 1 with the tag financial
The City of Arvada utilizes long range planning for each of the City's major operating funds. Specifically, the City prepares a two-year budget based on a five-year financial model. This method of budgeting is used to determine if future impacts of the current proposed budget are fiscally sound. Using this five-year model, the City is able to test the effects of current financial decisions on future year's financial conditions when approving funding requests throughout the organization.