AgdaPkt 2016-04-25 Closed and Joint SA PFA

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8.A. - Page 2 A four-phase budget strategy (or menu) is recommended in light of evolving economic conditions, and the need to closely match ongoing expenditures with ongoing revenues. The phases are as follows: 1. Propose FY 2016-17 operating budget which: a) Continues current initiatives to address Council priorities b) Adjusts departments' operating budgets to reflect actual expenditures over the last few years c) Provides both ongoing service enhancements (such as ongoing staffing in the Police and Fire Departments) and short-term service enhancements (such as one-time limited-term staffing for building inspection, housing and legal services) d) Ensures appropriate General Fund revenue is being received through a transient occupancy tax audit, and by evaluating whether development processing and other fees are set at the appropriate level to meet cost- recovery and policy goals. 2. Present a five-year Capital Improvement Program in fall 2016 which will identify desirable activities that could not be funded in FY 2016-17, and will include a list of community-requested projects for Council consideration. 3. Support, during the mid-year budget discussion in February 2017, the dedication of any net operating surplus from FY 2015-16 as follows: a. 50% to unfunded liabilities b. 50% to one-time service enhancements such as increasing the library materials budget or one-time funds to support historic preservation initiatives 4. Prioritize, in developing the FY 2017-18 budget, public safety and neighborhood- serving services for enhancement, should resources permit. In particular, consideration should be given to increasing sworn fire staffing, increasing sworn and civilian police staffing, and neighborhood services. Staff seeks Council direction on the proposed approach in order to present a proposed FY 2016-17 operating and capital budget for City Council discussion on June 13, 2016. 2