STRATEGIC BUSINESS PLAN
R ECRUIT AND RETAIN HIGH QUALITY EMPLOYEES
As a result of Council action taken on January 22, 2019, changes to the City’s organization structure were made, including the creation of the Department of Human Resources and Innovation (HRI). In order to more effectively recruit and retain employees, the HRI team is developing programs to enhance the employee engagement experience and organizational development programs. To minimize costs, HRI is developing new and leveraging existing partnerships with higher education institutions to enhance programming. HRI projects underway include the implementation of a Bring Your Child to Work Day and the City’s participation as one of a dozen organizations examined by UCI Paul Merage School of Business MBA students on various components of organizational behavior, such as how to on-board and retain employees through innovative and creative means.
Baseline Budgeting The SBP has focused on strategic allocation of limited resources as the City maintains its traditionally high level of service to the community. The City Council has emphasized the importance of maintaining the City’s contingency reserves, paying down the unfunded pension liability, and enhancing citywide mobility. The development of the Five- Year SBP began with the baseline budget that included detailed five-year financial plans prepared by each City department for their respective funds, including revenues, expenditures, and staffing. The City’s baseline five-year departmental fiscal plans formed the foundation for the Two-Year Proposed Budget and Five-Year SBP.
Balancing Measures As the City continues to grow in population, the infrastructure and operations continue to expand with the addition of new facilities, staffing, and roadways to meet the needs of the developing community. Deferred maintenance during the recovery years have also added pressure on long-term liabilities. Significant shortfalls were projected for the next five fiscal years in the General Fund. Baseline shortfalls are a reflection of flattening revenues that are no longer sufficient to cover the unplanned increasing expenses, primarily personnel costs and contracted services.
FY 2019-2024 General Fund Baseline Assumptions
Proposed Budget 2019-2020
Proposed Budget 2020-2021
Forecast 2021-2022
Forecast 2022-2023
Forecast 2023-2024
GENERAL FUND Total Revenues and Transfers-In Total Expenditures and Transfers-Out
203,703,462 216,820,950
208,054,556 224,688,767 (16,634,211)
213,933,682 226,161,027 (12,227,345)
219,550,312 235,922,660 (16,372,348)
226,790,359 239,971,679 (13,181,320)
Baseline Budget Deficit (13,117,488)
454
FY 2019-21 Proposed Budget
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