Agenda Date: 06/12/2018
Subject:
Title
Strategic Imperative and Supporting Resources Updates with Proposed Budget Amendment
Body
REQUESTED COUNCIL ACTION:
Does city council support placing an ordinance for first reading on the July 17, 2018 City Council agenda to amend the 2018 budget?
BACKGROUND:
At the February 3, 2018 workshop council identified three strategic imperatives: financial sustainability, vision to comprehensive plan, and collaborative relationships.
IMPERATIVE 1: Financial Sustainability
To develop a long-term sustainable financial plan for the City of Littleton by matching available resources with community priorities in order to provide beneficial, meaningful, and valued services and programs, while incorporating the necessary investment to maintain the value in community assets.
IMPERATIVE 2: Vision to Comprehensive Plan
Includes completion of a community driven vision and comprehensive plan within two years, and changes to/additional plans and code updates both during the process and after completion of the vision and comprehensive plan, ensuring consistency throughout.
IMPERATIVE 3: Collaborative Relationships
Includes council’s commitment to collaboration and relationship building, both internally and externally, by listening, moving past preconceived notions, participating with local and regional groups both inside and outside of Littleton, seeking different voices, and focusing on moving forward. Attached you will find an inventory of current and new (county transportation forums) relationships, with the intent of capturing and communicating what we currently do in the arena. In the future, we intent to build additional relationships internally, with the community, and regionally, specifically with regards to transportation.
At the March 6, 2018 meeting council formally adopted their three strategic imperatives. As a follow-up to this discussion staff provided a partial list of proposed additional resources that would be required in order to implement City Council’s 2018 Strategic Imperatives. At that time, staff informed city council that we would be coming back with a proposed budget amendment request to cover these costs. These impacts will be funded through the General Fund and Impact Fees Fund (see Fiscal Impact section and Attachment C, Memorandum on 2018 Budget Amendments).
This budget amendment also consists of additional resources needed for various other requests as follows:
• General Fund
o Additional engineering development review services
• Capital Projects Fund
o Santa Fe and Mineral Concept Design and Traffic signal structural review
o Armored police vehicle
• Open Space Fund
o Arapahoe County Open Space Grant
o Elati and Promise Park playground improvements
• Impact Fees Fund
o Additional police vehicles
o Facilities building condition assessment
STAFF ANALYSIS:
Staff has reviewed the three strategic imperatives and determined additional resources will be required to complete these items on top of the current initiatives and workloads. See attached documents for details:
- Section A: Strategic Imperatives and Projects - Provides status updates for each imperative, the 2017 Council Goals, and includes a timeline showing both with other major initiatives, such as code items.
- Section B: Communications - Includes a document outlining communications initiatives and timing, as well as a document explaining methods and metrics for communications.
- Section C: Budget Amendment - Includes a memorandum detailing the amendments requested.
FISCAL IMPACTS:
The following is a summary of requested budget amendments related to the imperatives, as well as additional 2018 budget needs.
The financial impact of this proposed budget amendment for 2018 is as follows:
The 2018 budget appropriation is recommended to increase by $1,683,950. Please see Attachment C for detailed information including funding sources.
STAFF RECOMMENDATION:
Staff recommends placing a budget amendment on the July 17, 2018 City Council meeting.
OPTIONS/ALTERNATIVES:
Direct staff to identify alternative funding options from within our current budget for specific items.