Fiscal Responsibility

What does it mean “To provide quality public services in a fiscally responsible manner while preserving the city’s open space character”.   This is the Commitment to the Community, taken from the City of Lake Elmo website.  Here is the link to the Vision Statement and Goals page, which should serve as a benchmark for what we should expect from the city and its leaders.  http://www.lakeelmo.org/government/vision-statement-goals
In addition to financial transactions (budgets, spending, etc.), fiscal responsibility also involves managing financial risk to the city which in some cases can be more costly to taxpayers than excessive spending.

Image courtesy of SheelaMohan@FreeDigitalPhotos.net

Stack of Money