Goal: The Firemen’s Pension Fund assets will be sufficient to cover all benefit obligations for retirees and their beneficiaries.
Chapter 41.16 RCW required the establishment of a Firemen’s Pension Fund for firefighters hired prior to March 1, 1970. Cash and investments in this fund will be sufficient to cover all benefit obligations for retirees and their beneficiaries. All investment earnings will be retained in this fund. The annual fire insurance premium tax from the state will also be deposited into this fund.
Goal: The Emergency Rescue Fund will be self-supporting for all capital and operating expenses associated with providing Advanced Life Support ambulance transport services within the participating jurisdictions.
Goal: The city will strive to provide quality, up-to-date networking technologies, maintain secure and accurate data, and provide efficient, reliable tools and resources for a productive working environment.
The Information Systems Division oversees and maintains a replacement plan for the City’s technologies including the following criteria:
Goal: User rates and system development charges will finance all operations, capital and debt service for utility functions.
Goal: A rate study of utility rates and system development charges will be completed at least every 5 years to determine if applicable rates and miscellaneous charges meet operating costs, debt obligations and provide adequate reserve levels.
