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A-2. Finalize 2017 Key Financial Strategies. T Y • CITY Of CHANHASSEN � w 9 S Chanhassen isa Community for Life-Providing for Today and Planning for Tomorrow H AS MEMORANDUM TO: Mayor& City Council FROM: Todd Gerhardt, City Manager V,611/p DATE: January 23, 2017 RE: 2017 Key Financial Strategies BACKGROUND Attached please find the tabulated rankings awarded by City Council members for each of the potential priorities for 2017. Each item was ranked by Council members on a scale from 1 to 4, with 1 being the highest priority. The average rankings can be found in the last column. During the work session, the City Council will discuss the rankings and determine the final 2017 Key Financial Strategies. The finalized list will be voted on at the February 13, 2017 meeting, and will become the 2017 work plan for staff. ATTACHMENTS 1. Ranked List of 2017 Key Financial Strategies \\cfs5\cfs5\SharedData\Admin\TG\Key Financial Strategies\2017\Ranked Results Staff Report.docx PH 952.227.1100• www.cl.chanhassen.mn.us • FX 952.227.1110 7700 MARKET BOULEVARD • PO BOX 147 • CHANHASSEN • MINNESOTA 55317 2017 Key Financial Strategies/Goals CATEGORY GOAL ACTION Laufenburger Campion McDonald Ryan T,jornhom Average A Pavement Management Update Council on Chanhassen's current Program Pavement Management Program including current policies,procedures, and upcoming projects. In addition, staff will 1 1 1 1 1 1 research alternative funding sources, including the implementation of a franchise fee,to fund future projects. B Permeable Pavers Research policies and potential consequences for the allowance of permeable pavers in the equation for hard 1 2 1 2 2 1.6 cover allowance. B Signal Light Timing Work with MnDOT on a comprehensive review of the signal light timing along the Highway 5 Corridor. 2 2 1 3 1 1.8 C Replace Ladder 11 Initiate the process of replacing Ladder 11,a 25 year-old first response 100-foot ladder truck.The purchase of this vehicle is contingent on the sale of the old public 1 3 2 1 1 1.6 works building.Funds from that sale will be used to pay the estimated$1.1M purchase. A Parks and Recreation System Consider implementation of key Plan recommendations from the Parks and Recreation System Plan.Preliminary recommendations will be brought to 1 2 1 1 1 1.2 Council in the spring,with final recommendations presented in the fall. A Downtown Focus Update Provide an update on the current market conditions and downtown vision. 1 1 1 1 1 1 \\cfs5\cfs5\Shared_Data\Admin\TG\Key Financial Strategies\2017\2017 Key Financial Strategies with prioritization.docx 2017 Key Financial Strategies CATEGORY GOAL ACTION Laufenburger Campion McDonald Ryan Tjornhom Average C Budget Outlook Present a future year budget outlook each spring before the formal budget, so the Council can consider major budget 2 2 2 1 2 1.8 changes for the following year. C Commission Term Limits Consider implementation of term limits for city commissioners.There are none currently. 4 3 3 3 4 3.4 C Carver County Wheelage and Review and provide feedback to Carver Sales Tax County commissioners and staff regarding the proposed wheelage and sales tax 1 2 1 2 1 1.4 increase. B Chanhassen 50 Year Establish a committee for planning a Anniversary celebration for the Chanhassen's 50th anniversary of incorporation as a city. 2 3 1 3 3 2.4 C Mediacom Cable Service Review and discuss Mediacom's customer service practices for Chanhassen residents. 2 2 4 1 4 2.6 C The Connection Consider reducing the publication of'The Connection' from four times a year to three times a year. 4 4 3 3 4 3.6 C Prince Discuss whether or not the City of Chanhassen should publicly honor Prince. 2 3 4 4 4 3.4 TIME COMMITMENT LEGEND A: 3+meetings(more than one year) B: 2 to 3 meetings(3 to 6 months) C: 1 to 2 meetings(1 to 3 months)