ITEM 15 ATTACHMENT 1 - Laserfiche WebLink

Department Goals & Objectives • Provide fiscal planning and forecasting to ensure effective resource allocation and decision-making aligned with long-term objectives • Ensure compliance with various guidelines and regulations • Ensure the City's financial sustainability through budget monitoring and reporting of the City's financial condition • Work with the City Manager's Office and other City departments to develop a long- term financial stability plan • Implement an online budget book software to advance the City's technology initiative/strategic goals • Conduct a citywide fee study to ensure adequate cost recovery • Continue to conduct citywide training on financial policies and procedures • Collaborate with departments to evaluate current practices and processes to ensure effectiveness and improve operational efficiencies • Review and evaluate internal controls and update financial policies and procedures where appropriate • Coordinate the development of the City's FY 2027/28 and FY 2028/29 operating and capital budgets Department Accomplishments • Successfully prepared the Annual Comprehensive Financial Report and Popular Annual Financial Report for the fiscal year ended June 30, 2024 • Completed the FY2024/25 Mid -Term Budget and Capital Improvement Program Update • Completed the FY2024/25 Mid -Year Budget Review • Collaborated with the City Manager's Office to launch a comprehensive budget engagement program for the FY 2025/27 budget development, including establishing a Budget Advisory Committee • Developed the FY 2025/26 and FY 2026/27 Biennial Budget, including cost reductions to achieve a balanced budget to protect core services • Collaborated with City departments to develop the Five -Year Capital Improvement Program for FY 2025/26 through FY 2029/30 • Collaborated with Public Works to complete a water rate study to ensure fiscal sustainability • Worked with the City Manager's Office on the revenue feasibility project and placed Measure PP, a 1/2 sales tax, on the November 2024 ballot • Led the issuance of water revenue bonds to finance near-term improvement projects • Updated the citywide overhead cost allocation plan and implemented credit card fees to recover costs • Worked with IT and other City departments to complete the Tyler Munis Enterprise Resource Planning (ERP) system upgrade • Worked with Eide Baily to conduct an independent assessment of the City's financial health and to validate the financial forecast assumptions