Operating and CIP Budget Fiscal Year 2015-16

Finance (continued)

 CITY OF MORGAN HILL  FY 15-16  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL  FY 15-16  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL  FY 15-16  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL  FY 15-16 OPERATING AND CIP CITY OF MORGAN HILL  FY 15-16  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL  FY 15-16  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL  FY15-16  OPERATING AND CIP BUDGET  Work with City Manager to evaluate and recommend to City Council on funding alternatives to address the City’s PERS Pension and retiree health insurance (OPEB) unfunded obligations  Work with City Manager to evaluate and recommend to City Council on implementing a two-year budget FY 15-16 ACTIVITY GOALS  With Information Services, evaluate long-term financing strategies for the replacement of desktops, laptops, and network servers  Continue to cross-train frontline staff in the various City Hall counter functions expected by citizens and local busi- nesses CITY COUNCIL GOALS Finance (including Utility Billing) will continue to engage in activities that are aligned with the priorities, goals and strategies the City Council has set for 2015:  Stimulate Economic Development o Help Public Works to consider issuing new-money and refunding bonds for the wastewater enterprise that will improve service delivery by the utility and make the City a more attractive place in which the private sec- tor can invest  Participate in Regional Issues o Continue representation of Morgan Hill through participation in regional associations relating to Finance such as: California Society of Municipal Finance Officers and the California Municipal Revenue and Tax Association, and the National Association for Government Accountants (AGA)  Improve Organizational Effectiveness o Continue to post City employee compensation by employee name and by compensation element, on the City’s website 8 months before the State Controller posts (less comprehensive) compensation data FINANCIAL COMMENTS Finance is a division of the Administrative Services Department and is funded in part by the general fund, and through the general fund administrative cost allocation plan.

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