City of Irvine - Fiscal Year 2023-25 Adopted Budget

ADMINISTRATIVE SERVICES

BUDGET & STRATEGIC PLANNING SUMMARY OF SERVICES

The Budget and Strategic Planning Division supports the City Council and Executive Management Team in allocating the City’s resources to meet strategic priorities. The Division develops the Biennial Budget and Five-Year Strategic Business Plan, and monitors projected revenues and expenditures versus actual revenues and expenditures. Additionally, the Division is responsible for the development and maintenance of the City’s long -range financial projection model, while providing support to all City departments in budget preparation and analysis. The Budget and Strategic Business Planning Division also develops cost of service studies to determine appropriate fees for fee-related City services. Accomplishments  Received the Gover nment Finance Officers Association “Distinguished Budget Presentation” award.  Awarded the California Society of Municipal Finance Officers “Excellence in Operating Budget” award.  Implemented an automated budget adjustment workflow, eliminating inefficient paper-based and manual approval processes.

Performance Measures

Dept Goal

2020-21 Actuals

2021-22 Actuals

2022-23 Estimate

2023-24 Budget

Performance Measure

Target

Number of distinguished and excellence budget awards received

2

2

2

2

2

III

Percent of budget adjustments processed within standards Percent of balanced General Fund Adopted Budget

100%

100%

100%

100%

100%

I

100%

100%

100%

100%

100%

I

136

FY 2023-25 Adopted Budget

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