Title
SUBJECT: City of Merced Financial Forecast and CalPERS Update
REPORT IN BRIEF
Presentation of the Financial Forecast and CalPERS Update.
RECOMMENDATION
Information only.
Body
CITY COUNCIL PRIORITIES
The City Council has set a policy to be financially sustainable.
DISCUSSION
Presentation to the City Council and the public of the City’s Financial Five Year Forecast as well as a CalPERS update. The City Council has made it a policy to become and remain financially sustainable. This presentation is to provide financial information that could assist in guiding future City Council decisions.