Revenue Growth – City-wide (Annual Comprehensive Financial Report)
Net Position (ACFR) – City-wide (Annual Comprehensive Financial Report)
Number of Employees (Annual Comprehensive Financial Report)
Number of customers requesting service (Annual Comprehensive Financial Report)
Number of permit applications reviewed (City Manager Letter information)
Police and fire reports filed (City Manager Letter information)
Increase in new business (Development Services report)
Standardized testing scores (Demographic Data)
Change in criminal activity (Sheriff's Office Reports)
Miles of streets maintained (Public Works Reports)
Numbers of utility accounts served (Public Works Reports)
Youth and sport activity data (City Manager Letter information)
After school programs (City Manager Letter information)
Cultural services and events (Parks & Recreation reports)
Employment applications and new recruitment (City Manager Letter information)
Active integration of performance measures consistently throughout the budget process is important in determining real budget figures, communication effects and assurance of appropriate and fiscally responsible spending of taxpayers' dollars.
Multi-year budget trend analysis is a tool that projects what future budgets might look like based on current appropriation and revenue trends and anticipated economic growth over the analysis period. This analysis contains many assumptions therefore, even a minor change in any of the assumptions can make a significant difference to the surplus/deficit trend. If the estimated and projected assumptions contained in the analysis do not materialize, the projections should be adjusted accordingly.
Comparing the budget of fiscal years 2023 through 2027, current trends are analyzed and forecasted through the fiscal year ending September 30, 2027.
Key assumptions include:
Water and sewer services revenue growth 2.5% annually, however the results of the rate study may change this assumption
➤ Other revenues growth 3% annually
Revenues from fines & forfeitures will remain flat
COLA adjustment 5% for all full-time employees
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