Foster fiscal health through disciplined long-term planning, cost control, increased revenues, and cost recovery.
Strategy 1
Develop a multi-year plan and strategies to address pension obligations due to increasing pension costs and resulting pressures on the general fund.
Strategy 2
Implement proactive business licensing activities for rental properties to increase revenue opportunities.
Strategy 3
Establish fund balance reserve targets for all major funds in addition to the General Fund.
Strategy 4
Consider revising General Fund reserve policy to provide that funds in excess of target be utilized to address capital replacement and unfunded pension liabilities.
Strategy 5
Explore potential for creating a Community Facilities District or other financing mechanisms for installation, operation, and maintenance of various public improvements.
Strategy 6
Evaluate underfunded Landscape Maintenance Assessment Districts to improve ability to finance desired City beautification projects.
