AgdaPkt 2020-02-24 Joint SA PFA - Laserfiche WebLink

Browse Search

8.A. - Page 24 of 72 reinstate this job classification. A budget amendment will be requested, if needed, during the year-end budget amendment process. UPDATE ON STRATEGIC PLAN ACTIVITIES On January 13, 2020, the City Council adopted a new Strategic Plan, establishing the top Strategic Priorities as: Housing, Transportation, and Children and Youth. These priorities represent key focus areas selected by the Council in support of the City's mission of Building a welcoming Redwood City through collaboration, responsiveness and excellence. In addition, the following Guiding Principles were adopted: • Aesthetics • Communication and Community Building • Economic Vitality • Excellence in Government Operations • Healthy Community for All Ages • Housing • Public Safety • Sustainability • Transportation These nine central principles guide the City's operations and initiatives. Attachment 5 provides a comprehensive update on the status of current fiscal year activities to advance the Strategic Priorities and Guiding Principles. Additional updates will be provided with the FY 2020-21 Recommended Budget. FY 2020-21 BUDGET DEVELOPMENT The consideration and adoption of the City Budget is one of the most important actions that the City Council takes. The budget determines the services the City provides to the community, the staffing of the organization, and sets the amount of funds spent in any given fiscal year. Staff recommends that the previously -established principles for the City's operating budget continue to guide development of the FY 2020-21 budget: • Use ongoing revenue to fund ongoing expenses • Use one-time revenues for one-time expenses and to pay down long-term liabilities • Ensure adequate reserves Based on City Council direction staff will continue to focus on three top priorities for FY 2020-21: Housing, Transportation, and Children and Youth. Staff recommends the following timeline for the development of the FY 2020-21 Budget; all dates are public meetings of the full City Council and members of the public may participate: • Community Development Block Grant/HOME Grant Study Session April 27, 2020 Page 24 of 26 _. . IMAL City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.ore 259