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A. 2011 Key Financial StrategiesPark & Recreation BACKGROUND Building Inspections CITY OF MEMORANDUM CH N SEN TO: Mayor & City Council 7700 Market Boulevard PO Box 147 FROM: Todd Gerhardt City Manager y g Chanhassen, MN 55317 Phone: 952.227.1160 Fax: 952.227.1170 DATE: January 5, 2011 Administration Phone: 952.227.1140 Phone: 952.227.1100 SUBJ: 2011 Key Financial Strategies Fax: 952.227.1110 Park & Recreation BACKGROUND Building Inspections 1. 2010 Key Principle Strategies & Accomplishments Phone: 952.227.1180 2. Schedule for 2011 Key Financial Strategies. Fax: 952.2271190 Since 2002, the City Council has annually set goals and priorities for the coming 2310 Coulter Boulevard year. The priorities are referred to as Key Financial Strategies (KFS). The KFS Engineering represent the major projects to be undertaken over the next year. Phone: 952.227.1160 Fax: 952.227.1170 Staff and City Council will meet on Saturday, January 8 t " to brainstorm ideas for Finance 2011. Staff will bring the results of that session to Monday night's meeting. Phone: 952.227.1140 Fax: 952.227.1110 ATTACHMENTS Park & Recreation Phone: 952.227.1120 1. 2010 Key Principle Strategies & Accomplishments Fax: 952.227.1110 2. Schedule for 2011 Key Financial Strategies. Recreation Center 2310 Coulter Boulevard Phone: 952.227,1400 g: \admin \tg\key financial strategies\2011 \cc memo 1- 10- 11.doc Fax: 952.227.1404 Planning & Natural Resources Phone: 952.227.1130 Fax: 952.227.1110 Public Works 1591 Park Road Phone: 952.227.1300 Fax: 952.227.1310 Senior Center Phone: 952.227.1125 Fax: 952.227.1110 Web Site www.ci.chanhassen.mn.us Chanhassen is a Community for Life - Providing for Today and Planning for Tomorrow SCHEDULE FOR 2011 KEY FINANCIAL STRATEGIES Saturday, January 8, 2011 Monday, January 24, 2011 Tuesday, January 25, 2011 Monday, January 31, 2011 Monday, February 14, 2011 Staff presents suggested KFS to City Council. City Council brainstorms additional KFS suggestions. City Council's Final Suggestions for KFS list. Staff distributes electronic spreadsheet for City Council rankings. KFS ranking due to Assistant City Manager. Staff presents compiled rankings. City Council finalizes 2011 KFS. Competiveness Create an environment for innovation and change -- building on our strengths, creativity and skills. • Review City ordinances for efficiency and effectiveness • Implement a Community Survey that will determine the City's strengths, weaknesses, and community needs • Work with Carver County to expand utilization of Carver County License Center • Update Police Work Plan • Review City's Technology Policy Strengthen the City's Financial Position Provide financial stability and resources necessary to achieve the city's vision by exercising financial stewardship, implementing best practices, and utilizing long -term financial planning tools. • Select a few unfunded/unproductive mandates for legislative review with assistance of Metro Cities and other partners • Monitor Revenue Performance in 2010, take a proactive approach to budget challenges, keeping Council informed about the Revenue /Expenditure relationship throughout the year (quarterly reports and special updates when needed) • Being proactive that all City staff and members of Boards, Committees, and Commissions contribute to economic development • Review the City's Long Range Financial Plan, including Pavement Management System, 5 yr budget, Debt Analysis, and Capital Improvement Plan. (Examine re- timing of MUSA Expansion area, including Fire Station #3) Planning for the City's Infrastructure Create solutions for managing existing infrastructure and future growth in our community; while preserving a sustainable quality of life and protecting the environment. • Review Pavement Management Assessment Policy • Review Effect of Delays on Pavement Management System • Develop a Comprehensive Inter - Connecting Trail System with surrounding communitie • Explore Opportunities for Further Partnerships (i.e. Sealcoating) • Develop alternative approaches to reduce impervious areas • Review Future Well Needs based on water usage and availability (develop educational work plan for Environmental Commission) Enhance Local Tax Base Evaluate the Comprehensive Plan with current goals and policies; assess the impact. • Take an active role in the Public /Private Redevelopment of the Chanhassen Dinner Theatre and Chanhassen Transit Station area • Capture opportunities for Economic Development and position the City to be attractive for private investment and reinvestment in the following areas: Infrastructure (transportation mobility /utility capacity), Reviewing City Policies and Processes to reduce costs and processing time for business development • Hold Forums to identify opportunities and barriers to attracting new housing, commercial /industrial, and jobs to Chanhassen