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HomeMy WebLinkAboutItem 0A - 2021-2023 CHC Goal Setting Staff ReportCULTURAL HERITAGE COMMITTEE AGENDA REPORT SUBJECT: 2021-2023 Cultural Heritage Committee Goal Setting and the Financial Plan/Budget Process. FROM: Brian Leveille, Senior Planner DISCUSSION Every two years the City adopts a budget and financial plan. To prepare for the budget process, all City departments and advisory bodies are asked to identify their goals and major work programs for the next two years. The City Council then uses this inf ormation, along with public comment and other input to set community priorities and allocate resources to accomplish the most important City goals. Advisory body members are involved in the goal setting process to provide important input as representatives of the community, with special expertise and experience working locally within their specific area of representation. Below are some key points to consider as the City embarks on the goal-setting process: 1.The Council is seeking advisory body input focused on the purview of the advisory body, but is also interested in input on other issues important to the community. 2.Advisory body input is highly valued by the Council and the staff. 3.Goals can include completing projects from a previous work program. 4.Identifying priorities implies recommending fewer rather than more goals to the Council. The CHC should recommend only those activities that can reasonably be accomplished in the two-year budget period and can reasonably be accomplished with limited resources. Objective This is a public process and citizens are encouraged to contribute. Tonight’s meeting will result in two items: 1) a list of CHC goals and implementation programs; and 2) a letter from the CHC Chair to the City Council outlining recommended goals and programs, and if necessary, requesting resources for specific activities (staff will prepare the letter for the Chair’s signature). GOAL SETTING Current Recommended Goals: 2019-2021 Provided below is the goal that the CHC recommended during the 2019-2021 budget cycle: Meeting Date: October 26, 2020 Item Number: A Item A Cultural Heritage Committee: 2021-2023 Financial Plan Goal Setting Page 2 Future Recommended Goals: 2021-2021 As the City begins the 2021-2023 financial planning and budget cycle, the CHC has the opportunity to review their current goals, update them as necessary, and identify any new goals, programs and/or project. Goal Setting Process At the meeting, staff will provide a brief presentation introducing the budget process, advisory body role, and status of previous recommended goals. The City last revised its goals and work program in October 2018, in preparation for the 2019-2021 Financial Plan/Budget. Staff, advisory bodies, and Council members are now preparing for the next Financial Plan cycle: 2021-2023. During past goal-setting sessions, the CHC has generally followed the steps outlined below. 1.Review and understand the goal-setting and Financial Plan/Budget process. 2.Evaluate previous goals and work programs. Determine which goals and programs were accomplished and can be deleted or ones that no longer reflect the aims of the CHC. 3.Determine which goals or programs have not been completed and should be carried forward. 4.Identify new goals or programs for possible inclusion in the work program . 5.Prioritize the goals and programs, based on the CHC’s goals, community needs and input, opportunities, or special or urgent conditions; and 6.Identify activities which may require additional resources to accomplish, including special funding for specific survey, tasks or consultant work (i.e. historic inventories or research), construction or other implementation costs, additional staff time, etc. This may include references to possible community partnerships or outside funding sources. The Committee will establish goals for the next two years and identify three to five key tasks or programs it intends to complete in the period. The Committee should discuss how these goals and activities relate to important Council goals and at the same time, consider the fiscal context for the goal-setting process, including resources needed to accomplish the task. Next Steps Advisory body goals are due by December 15, 2020. All advisory bodies will receive a consolidated listing of all recommended advisory body goals. This provides an opportunity to review what other advisory bodies see as high community priorities. The Council will receive the final report with all advisory body recommendations before they begin the goal-setting process in January 2021. Item A Item #A PRESENTATION A.Receive a presentation on the 2021-2023 Financial Plan Advisory Body Goal Setting Process ___________________________________________________ Recommendation: Receive a presentation from Finance Director Brigitte Elke and Budget Analyst Natalie Harnett. Advisory Bodies 2021-23 Financial Plan Goal Setting Parameters 1 Item 5 2019-21 Financial Plan Guided by the Fiscal Health Response Plan–the purpose of the Plan is to establish a framework to respond to the long-term fiscal impacts of the significant increases in required pension contributions to the CalPERS retirement system over three years. 2 Year 1 2018-19 Year 2 2019-20 Year 3 2020-21 Three-Year Plan Item 5 San Luis Obispo is committed to… Good Fiscal Management Public Engagement Quality Services Item 5 4Considerations when setting goals: Changes in Economic Conditions Pending Diablo Closure Further CalPERS Adjustments Long-term Environmental & Fiscal Sustainability COVID19 Diversity, Equity, Inclusion (DEI) Item 5 Assumptions Phased reopening Schools return in Fall 2020 Impact on most industries Recessionary trends “U” Shaped recovery “How much of a guessing game is a wild guessing game right now as there is no historical precedent for the current crisis and little good data as of yet.” –Beacon Economics General Fund Long Term Forecast 5 *Based on unaudited actuals Based on 2020-21 Supplemental Budget forecast Item 5 Fiscal Health Contingency Plan Activated –Hiring, purchasing, and travel chills to mitigate revenue shortfalls. Healthy Reserve Levels –The City has multiple reserves in preparation for future unknowns and cash flow preservation. Where are we now? 6 2019-20 Results: Realized savings from additional employee contributions to CalPERS and hiring new staff under the PEPRA retirement plan limiting the impact of revenue shortfall. Fiscal Health Response Plan: in effect through 2020-21 Unfunded Liability Payments as part of FHRP FY 18-19 FY 19-20 FY 20-21 CalPERS Downpayments $4.2 mil -Paid $4.2 mil* -Unpaid –in Undesignated Fund Balance $3.0 mil –payment to be determined 115 Pension Trust Fund $1.4 mil –In Reserve $2.0 –allocation to be determined *From 2018-19 Fund Balance Item 5 7City Council Adoption of ONE Unified City Goal (June 2, 2020): Economic Stability, Recovery, and Resiliency Link to 20-21 Supplemental Budget with goal details (pg. 17) July 2020 Council approved creation of a Diversity, Equity, and Inclusion Task Force to provide guidance and a foundation for creating a potential 21-23 DE&I focused Major City Goal Item 5 Goal Setting Parameters 1.Consider uncertainty regarding the long-term impacts from COVID19 2.Consider increased pressure to fund infrastructure maintenance 3.Advancing Fiscal Health Response Plan objectives 4.New projects and services will require trade-offs with current core services (Revenue generating new services excluded.) 5.Goal setting through the lenses of Diversity, Equity, and Inclusivity 8Item 5 Goal-Setting & the Budget Process February 2021 *November 17, 2020 “Setting the Stage” Workshop **Date TBD “Budget Foundation” Workshop 2021-23 Financial Plan April 2021 June 2021 June 2021 Community Involvement (format TBD due to COVID) The proposed Financial Plan Calendar will be presented to Council on 10/20/20 Item 5 QUESTIONS? 10 We are available to talk to you and your advisory body and respond to questions. Natalie Harnett Principal Budget Analyst nharnett@slocity.org Brigitte Elke Finance Director belke@slocity.org Item 5