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B. Key Financial Strategies.0 CI1'V OF CHANHASSEN 7700 Market Boulevard PO Box 147 Chanhassen, MN 55317 Administration Phone: 952.227.1100 Fax: 952227.1110 Building Inspections Phone: 952.227.1180 Fax: 952227.1190 Engineering Phone: 952.227.1160 Fax: 952.227.1170 Finance Phone: 952.227.1140 Fax: 952.227.1110 Park & Recreation Phone: 952227.1120 Fax: 952.227.1110 Recreation Center 2310 Coulter Boulevard Phone: 952.227,1400 Fax: 952227.1404 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: 952227.1125 Fax: 952.227.1110 Web Site www.ci.chanhassen.mn,us To: Todd Gerhardt, City Manager From: Laurie Hokkanen, Assistant City Manager - Date: January 19, 2011 Subject: Key Financial Strategies Attached please find the compilation of the rankings awarded by the City Council members to each of the suggested priorities for 2011. Items were awarded a number, with 1 representing high priorities and 4 representing low priorities. The average ranking can be found in the final column. During the work session, the City Council will discuss the rankings. From the rankings, the 2011 Key Financial Strategies will be selected. Chanhassen is a Community for Life • Providing for Today and Planning for Tomorrow 2011 DRAFT Key Financial Strategies /Strategic Plan City Council Rankings City of Chanhassen City Council Work Session January 24, 2011 A B C D I E I F I G I H 1 Key Principles Year Furlong Laufenbur er I Tornhom I McDonald I Ernst I Average 2 Competitiveness 3 Review Variances (KA) 2011 1 2 1 1 2 1.4 a lReview of Rental Licensing Program (KA ) 2011 1 2 abstain 3 3 2.3 5 Support SouthWest Chamber, Chanhassen Business Council and the Buy ChanhaSSE 2011 1 1 1 1 2 1.2 6 7 Strengthen the City's Financial Position s Review Total Compensation (including PERA) package for employees (LH) 2011 1 1 1 1 1 1 9 Review PTO vs. sick /vacation (LH) 2011 1 1 1 1 1 1 10 Hook -up charges for Irrigations Accounts (GS, PO) 2011 2 2 2 1 1 1.6 11 Consider the effectiveness of the Connection (KE, RR) 2011 2 3 3 3 2 2.6 12 Conduct comparison of costs of development (building permit fees, development fees) (KA) 2011 2 1 1 1 1 1.2 13 Develop List of Budget- Cutting Ideas, Policies, Service Levels to Examine (GS) 2011 1 1 1 1 1 1 14 15 Planning of the City's Infrastructure 16 Ampitheater /Gathering Place (TH) 2003 4 4 4 4 4 4 17 Consider Expansion of Cultural Activities (TH) 2006 3 3 3 4 4 3.4 18 Establish a Forestry Plan that determines the mission, and prioritizes the actions needed to maintain the City's tree inventory. 2011 2 2 3 3 4 2.8 19 Discuss development of Disc Golf Course (TH) 2011 2 2 3 3 4 2.8 20 Discuss long -term tennis court maintenance plan (TH) 2011 2 2 2 2 4 2.4 21 Revisit Fire Station #3 Justification Study (LH) 2011 1 1 2 1 1 1.2 Expansion of the City Cemetery (KE) 2011 1 2 2 2 4 2.2 r Examine Impervious Surface Requirements /Review Standards (KA) 2011 2 1 3 1 1 1.6 24 Consider City of Chanhassen City Council Work Session January 24, 2011 2011 DRAFT Key Financial Strategies /Strategic Plan City Council Rankings City of Chanhassen City Council Work Session January 24, 2011 A [3 C D E F G H Key Principles Year Furionq Laufenbur er Tornhom McDonald Ernst Average 25 Enhance Local Tax Base Discuss County Fiber Ring Project, Related City Iniatives, and Potential for Business 26 Opportunities. (LH, RR) 2011 1 1 1 2 2 1.4 27 Identify Opportunities and Barriers to Development (KA) 2011 2 1 1 1 1 1.2 2011 2 1 1 1 1 1.2 28 Develop a Public Private Partnership to create jobs and enhance the Tax Base. (TG) 2e Meet with R etailers to discuss opportunities and barriers KA) 1 1 1 1.0 30 Ongoing Projects 31 Monitor benchmarks for the police contract PA /LH 2003 Review relationships with outside agencies (state, county, Local Business Council 32 businesses civic organizations, etc.) ' TG 2003` 3s Monitor state and county financial situations / and develop le` islative priorities TG) 2003 34 Leverage Cit property as much as possible - Marketing of land - ongoing (TG': LH' 2008 3s Promote economic deveko ment (KA. LH) 2009 Support the marketplace driven development of industrial, residential and commercial: 2009 36 land TG, LH', KA Work with other agencies to advance implementation of improvements for Highway 2009 si 101 from L man Blvd to Scott County Line Imp- PO 33 Look for partners for storm water capital improvement projects. (PO) 2009 39 Education on Emergency Preparedness 2009 40 Quarterly Updates on Revenues and Expenditures 2009 2010 41 Water Use and Conservation discussion (PO) 42 Expand the number of Working Together Program meetings TG 2010 Take an active role inthe Public /Private Redevelopment of the Chanhassen Dinner 43 JTheatreiChanhassen Transit Station 2011 City of Chanhassen City Council Work Session January 24, 2011