10A - Laserfiche WebLink

increase in funded projects is due to increasing reserves for the Community Park project ($1,266,362) and the addition of the design cost for the Recycled Water project ($1,032,000). Total financial resources available for all three years remaining in the CIP has also been updated and is estimated to be $68,072,881 and expenditures are estimated to be $38,469,685. Total financial resources include General Fund transfers of $1.3 million each year for all three years (2014/15FY through 2016/17FY) of the CIP. These transfers are estimated amounts and other than 2014/15FY, are subject to the status of the General Fund revenues in the future. In addition to the analysis included in the CIP (Section II of this report), the Mid-Term Update also includes summary and detailed financial tables. Performance Measures Recently staff prepared performance measures for all activities within the operating departments of the City and shared the results with City Council. Since performance measures help the City acknowledge successes and help make resource decisions to address needs of the community that current services may not meet, it is helpful to utilize this data in making decisions in the budget process. The performance measures have been updated through the Mid-Term Budget and are included in Section III of this report. This information is interesting, informative and provides an additional perspective on how resources are allocated and measured organizationally. In gathering the attached data, the focus of the City's executive team was to ensure the City is "measuring what matters" and that through constant reinforcement, these measures will work to improve the delivery of services and management of City resources. Special Thanks Special thanks go to all of the outstanding staff that had a role in the budget update process. It was truly a collaborative effort that called for discipline and shared sacrifice among operating departments. This budget enables the City to continue to support City services in a fiscally responsible manner. That said it is also important to note that each and every day, City of Pleasanton employees work to deliver exceptional value and quality of life to our community regardless of resource allocation. Simply put, the work standards of the organization are very high. Combined with the commitment of our elected officials, boards and commissions, volunteers and engaged community, I am confident that — whatever the future holds — Pleasanton will be up to the challenge. 3