Laserfiche WebLink
Key Outcome Indicators /Metrics <br />• Retained bond rating of <br />AA+ <br />• Recouped at least 100 <br />percent of City's net costs <br />respective to those City <br />funds that are to be <br />reimbursed <br />• Implemented new revenue <br />sources <br />• Source of one -time monies <br />• Return 10 percent of TIF 14 <br />taxable value to general tax <br />base <br />• Completed infrastructure <br />improvements in TIF <br />districts <br />A Jed <br />alglsuodsaa <br />J <br />c <br />c <br />a3 <br />0 <br />Diana Lund <br />Leadership <br />Team <br />Kurt <br />Ulrich /Diana <br />Diana Lund /€D <br />Bruce <br />Westby /€B <br />Additional <br />Tools <br />Required <br />a) <br />C <br />O <br />Z <br />aUON <br />auoN <br />a) <br />c <br />O <br />z <br />Additional <br />Resources <br />Required <br />auoN <br />auoN <br />bL JIl <br />000'8$ <br />a) <br />c <br />0 <br />z <br />Completion Date <br />0) <br />c <br />'0 <br />0) <br />c <br />0 <br />LOZ /0 <br />E L OZ /L <br />2014 Completed <br />for 2014 - <br />Ongoing <br />pa }aid woo <br />- bLOZ <br />8/2013 <br />1/2014 <br />7/2014- Reduce <br />size of area <br />Ongoing — other <br />Goals <br />8602 <br />Initiation <br />Date <br />COY <br />ELOZ <br />M V <br />O 5 <br />N N <br />(0 .- <br />CO <br />5 <br />(NI <br />Tactics <br />Determine adequate cash <br />balances <br />Develop policy that <br />outlines balance <br />minimums per fund <br />Examine sufficient balance <br />of overall rainy day funds <br />to avoid the need to <br />borrow <br />Calculate total square <br />footage cost basis for The <br />COR. <br />Determine applicable City <br />funds & respective <br />amounts to reimburse City <br />for COR expenses <br />Evaluate other revenue <br />generating sources: <br />franchise fees, increased <br />permit fees, etc. <br />Evaluate selling city - <br />owned properties <br />Conduct a comprehensive <br />study to determine correct <br />size of TIF 14 <br />Complete Goals of TIF 14 <br />Study <br />Identify needed <br />infrastructure <br />improvements in TIF <br />districts <br />Prioritize needs and <br />establish timeline for <br />Department <br />a) <br />0 <br />c <br />C <br />LL <br />Finance <br />City Administration/ <br />Department Heads <br />City <br />Administrator /Finance <br />Finance /ED <br />Engineering /ED <br />strategic Initiative <br />m <br />0 <br />N <br />LE <br />. i <br />N -0 <br />z a <br />LLl co <br />Optimizing TIF to <br />support <br />infrastructure <br />improvements <br />w <br />Z <br />a <br />a) <br />U) <br />x <br />a) <br />U) <br />D <br />D <br />c <br />a) <br />9- <br />"E) <br />Cr <br />L) <br />. 7) <br />a) <br />D <br />U <br />> , <br />cn <br />. <br />c a) <br />• O <br />a) <br />C a) <br />te a) <br />• U _ <br />E2 <br />— O <br />a) c <br />> O <br />U <br />ra <br />U <br />Q O) <br />E a) <br />V i <br />4 • C X <br />(n w To <br />Three - Year Strategic Action Plan <br />