Initiative: Conduct Debt Forecasting

Milestones

  • Ensure allocation of Future Bonds remain within established debt metrics. | Target date: Before April 1 each year
  • Reduce existing bond authorization with alternative means of financing options where possible. | Target date: Before April 1 each year
  • Forecast debt metrics. | Target date: Before April 1 each year
  • Review active Capital Improvement Program (CIP) projects to ensure adequate bondable projects remain to justify future issuances. | Target date: Before April 1 each year

Performance Measures

  • Debt service to general government expenditures.
  • Fixed costs to general government expenditures.
  • General Fund balance
  • Net debt to assessed value.
  • Percent difference between revenue estimates and actuals.
  • Ten-year payout ratio.

Initiative: Coordinate Community Organization Grant (COG) and Regional Grant Process

Milestones

  • Receive COG applications during the specified time frame. | Target date: Aug. 30, 2024
  • Facilitate COG Committee meeting(s) focused on interviewing applications and awarding grants. | Target date: Oct. 15, 2024
  • Collect reporting on COG and regional grants, ensuring funding aligns with City Council goals. | Target date: May 15, 2025
  • Ensure prompt payment to organizations upon request. | Target date: June 30, 2025

Performance Measures

  • Number of applications received and grantees.
  • Percentage of payments issued within 30 days.
  • Percentage of grantees that have returned required documentation.

Initiative: Launch and Implement GovMax across the City.

Milestones

  • Provide trainings on how to use the system. | Target date: Oct. 31, 2024
  • Ensure the FY26 budget process within GovMax is user friendly for all end users. | Target date: Dec. 6, 2024
  • Ensure budget document is ADA compliant and posted online. | Target date: July 1, 2025

Initiative: Foster a sense of Belonging and Inclusive Leadership in the Department Through two or more Select Milestones

Performance Measures

  • Number of trainings and participants.
  • Response times to tickets.

Milestones

  • Being receptive to alternative ideas & opinions. | Target date: June 30, 2025
  • Equipping employees to engage in difficult conversations. | Target date: June 30, 2025
  • Promoting civility and professionalism at all levels. | Target date: June 30, 2025
  • Departmental Performance Plans
    • Agriculture Budget & Management Services City Manager's Office Communications Convention & Visitors Bureau Cultural Affairs Economic Development Emergency Communication & Citizen Services Emergency Management Emergency Medical Services Finance Fire Housing & Neighborhood Preservation Human Resources Human Services Information Technology Libraries Parks & Recreation Planning & Community Development Performance & Accountability Public Utilities Public Works Police Virginia Aquarium & Marine Science Center