City Council Agenda and Packet 2010 06 22 SP 2011 BUDGET

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PAGE FIVE SUBJECT: SPECIAL MEETING – DISCUSSION/DIRECTION 2011 BUDGET DATE: JUNE 22, 2010 Major Budget Themes and Potential Budget Changes for 2011 . Guiding Principles As we prepared and amended the 2010 Budget, we observed the Guiding Principles listed below. Does the City Council still consider these principles appropriate to guide the City’s annual budget? Provide high quality core services: do it well or don’t do it Talented, motivated, well-trained employees are the City’s most important asset Maintain our investments Don’t expect short-term actions to resolve long-term problems Consider unintended consequences Share information and ask employees, residents and businesses for their input and remember that Leadership is what they expect from us Anticipate Status Quo Budget in 2011.Based on current revenue trends and the assumptions reviewed above, staff expects ongoing General Fund revenue for 2010 and 2011 to be roughly the same as 2009. As a result of the significant budget cuts and other actions approved by the City Council in 2009 and 2010, anticipated General Fund revenue is roughly equal to anticipated expenditures required to maintain the current level of service. There is, however, insufficient ongoing revenue to add any additional programs or staff to the budget. Accordingly, staff anticipates preparing a “status quo” budget for 2011. We do anticipate significant one-time revenue from the ConocoPhillips development. However, unless the City Council desires otherwise, we plan to wait until that revenue is actually received before exploring with Council what one-time expenditures—if any—might be appropriate. Preliminary Goals for 2011 The City Manager’s 2010 goals are attached for review. Staff would appreciate direction from Council members on goals they would like to see accomplished in 2011 so that those goals, and the resources needed to achieve them, may be incorporated into the 2011 recommended Budget. Process Questions for Council Staff is always striving to improve. With that in mind, we would appreciate any direction from Council on how we might improve the budget and other decision making processes to make the best use of limited time and resources. Is the information you receive relevant, timely, organized to highlight the most important issues? Is it complete or are there things missing that you would like to see. Is there information in the packet that you consider unnecessary to include or information that you would like to see presented in another manner? é