Item 3C: Adoption of Resolution Acknowledging Receipt of the FY10 CAFR

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affordable, given the ability of the community to pay for that debt. The Budget Committee adopted a debt policy limit of net direct debt of no more than 1% of real market value of property. The Debt Affordability Study measures future debt plans against this debt policy limit to determine whether those plans are considered affordable and those results are included in the CIP. The City’s net direct debt to real market value is projected to be 0.22% by the end of FY11. City Council Vision and Goals The City Council adopts goals that provide major policy direction for budget allocations and service delivery. The City Council adopted the following vision and goals in spring of 2009. CITY COUNCIL VISION Value all people, encouraging respect and appreciation for diversity, equity, justice, and social well-being. We recognize and appreciate our differences and embrace our common humanity as the source of our strength; Be responsible stewards of our physical assets and natural resources. We will sustain our clean air and water, beautiful parks and open spaces, livable and safe neighborhoods, and foster a vibrant downtown, including a stable infrastructure; and Encourage a strong, sustainable and vibrant economy, fully utilizing our educational and cultural assets, so that every person has an opportunity to achieve financial security. CITY COUNCIL GOALS Safe Community A community where all people are safe, valued, and welcome. Sustainable Development A community that meets its present environmental, economic, and social needs without compromising the ability of future generations to meet their own needs. Accessible And Thriving Culture And Recreation A community where arts and outdoors are integral to our social and economic well-being and are available to all. Effective, Accountable Municipal Government A government that works openly, collaboratively, and fairly with the community to achieve measurable and positive outcomes and provide effective, efficient services. Fair, Stable And Adequate Financial Resources A government whose ongoing financial resources are based on a fair and equitable system of revenues and are adequate to maintain and deliver municipal services. Major New Initiatives EUGENE COUNTS INITIATIVE In 2009, the City Manager and City Council launched Eugene Counts to tie the City Council’s goals to the concrete results community members seek, and to monitor progress toward the achievement of those results. Eugene Counts engaged community members from across the city in thinking deliberately about the results they would most like to see the City of Eugene focus on. Using a range of methods designed to capture the diversity of local perspectives, the effort provided an opportunity for people to participate in the ways that feel most comfortable to them, whether it was attending a community workshop, taking part in a focus group, or completing an online survey. In spring of 2010, the Eugene City Council used community input to identify a set of results (outcomes) that will be the focus of a concentrated effort. With those outcomes finalized, strategies and measures are being developed to help move toward those results, and to track the City's progress towards achieving key outcomes.