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Key Outcome Indicators /Metrics <br />• Retained bond rating of <br />AA+ <br />f+ci L,c1 IL UI . ILy a 11GL <.A./Ow <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 />Responsible <br />Party <br />in <br />C <br />J <br />t6 <br />c <br />t6 <br />weal <br />dlysaapeai <br />Kurt <br />Ulrich /Diana <br />Diana Lund /€B <br />Ted LaFrance <br />Bruce <br />Westby /€9 <br />Ted LaFrance <br />Additional <br />Tools <br />Required <br />N <br />C <br />O <br />Z <br />N <br />C <br />O <br />Z <br />auoN <br />auoN <br />N <br />C <br />O <br />Z <br />Additional <br />Resources <br />Required <br />OUON <br />auoN <br />0 <br />° o� <br />LL <br />� h <br />0 <br />0 <br />Z <br />axed uollaldwoo <br />0) <br />c <br />• <br />CO <br />C <br />10/2014 <br />2014 Completed <br />for 2014 - <br />Ongoing <br />pataidwo <br />- 171.0Z <br />8/2013 <br />1/2014 <br />7 /2014 - Reduce <br />size of area <br />Ongoing — other <br />Goals <br />81.02 <br />Initiation <br />Date <br />CV <br />N <br />CV <br />£tOZ <br />£ I.0Z <br />CO v <br />0 o <br />N N <br />(.O N <br />m <br />S <br />N <br />Tactics <br />Determine adequate cash <br />balances <br />Develop policy that <br />outlines cash balance <br />minimums per fund <br />Examine sufficient balance <br />of overall rainy day funds <br />to avoid the need to <br />borrow <br />iwidyI cuai udaia 11)1 11 is <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 />;uawvedaa <br />GO ueuHH <br />City Administration/ <br />Department Heads <br />I <br />City <br />Administrator /Finance <br />Finance /ED <br />Engineering /ED <br />Strategic Initiative <br />m <br />U <br />0 <br />to <br />ra <br />h <br />c co <br />LL t <br />Optimizing TIF to <br />support <br />infrastructure <br />improvements <br />o <br />m <br />- y <br />CO <br />x <br />' (1 ' <br />-o <br />U) <br />. <br />- <br />(� <br />N <br />O <br />a <br />0 <br />. <br />i <br />en <br />csi <br />o <br />= U_ <br />LL E <br />— O <br />a) C <br />> O <br />U <br />c <br />d U <br />0. C5) <br />E <br />— (6 <br />= N <br />N <br />X <br />W <br />Three - Year Strategic Action Plan <br />