SUBJECT/RECOMMENDATION:
Title
Review the strategic priorities and objectives and department work plan priorities for Fiscal Year 2024/2025, and review long term financial forecasts for General Fund and major utility funds.
Body
SUMMARY:
On May 4, 2023, the City Council unanimously adopted the city’s current Strategic Plan, which includes an enhanced vision and mission statement, organizational values, and five policy priority areas with twenty-two individual objectives.
Per City Council Policy 3-11, Strategic Direction/Planning, prior to the development of the City Manager’s budget, the City Council shall meet in a strategic planning session to review the five-year financial forecast and update, as necessary, the City’s Vision, Mission, and Strategic Direction.
On March 20, 2023, Staff presented the Fiscal Year 2023/2024 department work plan which included a list of citywide operating priorities and capital projects to be completed in the current Fiscal Year.
The department work plan identifies operating priorities and capital projects that are projected in the upcoming Fiscal Year, and establishes that each initiative be a S.M.A.R.T. goal, that is Specific, Measurable, Achievable, Relevant, and Time-Bound, and aligned with the city’s Strategic Direction.
STRATEGIC PRIORITY:
The annual review of the city’s Strategic Plan comprehensively addresses each priority area.
