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Haverhill City FY04 Budget Planning Models
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Dear Haverhill Citizens, 

November 24, 2002

In an attempt to make important City information easier to access for citizens, the current "work in progress" 5-year budgetary projections for the City of Haverhill are now posted on www.haverhillusa.com for your review.

Please note that these figures are the latest "draft" calculations as of November 22, 2002. They have not been approved by the either the Mayor, City Council or School Committee and will be frequently updated. However, they will be the basis for on-going FY2004 budget meetings between the City Council's Administration and Finance Committee and Mayor Guerin. You will have access to the same information that is provided to the elected officials.

This is the first year that Haverhill will be looking at 5-year projections (long range) before making budgetary decisions for the next fiscal year. In fact, in the past, the City Council has not been provided with the next fiscal year's budget (1 year) until May, or about 45 days before the Council's approval must be made per State law.

While the projections are today's best guess, they do provide insightful trend information that helps the City understand likely resource shortfalls and how to plan ahead to account for these shortfalls so they are not a surprise at the last minute. Soon, I will post the "draft" 5-year capital improvement plan that has been initiated by Mayor Guerin. This will be another valuable budget planning tool that will also be frequently updated.

Finally, the information will likely be hard to follow. I'll try to provide clarifying information. Please feel free to inquire about any detail, and I will try to be the conduit to get answers from City officials and Department Heads. I can be reached at jmichitson@mva.net or at 978-373-2231.

Sincerely,
John Michitson
Haverhill City Councilor

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CITY OF HAVERHILL FY04 BUDGET PLANNING MODEL INFORMATION ABOVE

The City of Haverhill FY04 Budget Planning Model information above was posted as submitted by Haverhill City Councilor John Michitson. It is being made available to the public as a courtesy to Haverhill City Coucilor John Michitson and the citizens of Haverhill, Massachusetts. Galaca Web Solutions and Haverhillusa.com disclaims any and all responsibilities or warranties as to the accuracy of this information.
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