1. Contributes significantly to the borough’s ability to insulate itself from a fiscal crisis;

2. Enhances long-term financial creditability by helping to achieve the highest bond and credit ratings possible;

3. Promotes long-term financial stability by establishing clear and consistent guidelines;

4. Directs attention to the total financial picture of the borough rather than single issue areas;

5. Promotes the view of linking long-run financial planning with day-to-day operations; and

6. Provides the assembly and the citizens of the borough with a framework for measuring the fiscal impact of government services against established fiscal parameters.