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Attachment 1 City Council Work Plan for 2009/2010 (with NEW additions) JHCCKCMcGMSJTTotalAVG GoalsProject DescriptionResponsible Status Department CITY FINANCES Maintain fiscal sustainability Comprehensive User Fee StudyThis will involve evaluating City fees to determine appropriateness Finance/CMO Study will be presented to City Council in early 2009. 1111151 of existing amounts. This will primarily involve evaluation of development processing fees (e.g., planning, building, engineering). Long-term Fiscal AnalysisThis involves developing long-term financial planning consistent Finance/CMOUnderway and will coincide with completion of General Plan 1111151 with revenue and expenditure projections, including cost update. containment initiatives. 2-year Operating Budget and 4-year Capital Improvement PlanThis is a bi-annual effort involving the development of the City's Finance/CMOPreparation of the FY 2009-10 & FY 2010-11 and the FY 2009-10 1111151 operating budget and capital improvement plan (CIP). The thru 2012-13 CIP will begin in January and be submitted to City operating budget funds the City's annual services, programs and Council in May 2009 for adoption in June 2009 activities. The CIP is a financial plan that enables construction of various public improvements (e.g., streets, parks, facilities, etc). Development Impact Fee "Nexus Study" (AB 1600)The City's development fees were last updated in 1998. Assembly CMOStudy will be presented to City Council in early 2009. 1111151 Bill 1600 requires cities to conduct a "nexus study" anytime fees are adjusted. The study provides a nexus between new development fees and all future public improvements (e.g., parks, streets, public facilities). A revised nexus study would ensure that new development pays its pro rata share of public improvements; it also allows the City to adjust the list of eligible public projects for development fee financing. GASB 45 ImplementationImplement new accounting standards that require the City to post Finance/CMOEarly disclosure is included in the Comprehensive Annual 1111151 current and accrued liability for the City's retiree medical programs. Financial Report (CAFR) for FY 2007-08. The GASB 45 The standard must be reflected in the City's Comprehensive implementation date is June 2009. A legal analysis of the various Annual Financial Report in 2008.trust documents for 3 entities (CalPERS, PARS & PFM) is being performed and a staff recommendation will be forthcoming prior to the implementation date. Public and Private Sector Compensation StudyThis project is currently underway. It involves the development of a CMOPublic Safety Compensation Studies (eg. Police and Fire) have 1120.4 public and private sector salary survey to assess compensation been completed and shared with the City Council as part of the levels throughout the City's management ranks. A Council City's labor negotiations process. The private sector comparison subcommittee has been formed to assist staff in gathering and has not proceeded as planned due to the difficulty of securing assessing data. reliable comparisons with the private sector. The subcommittee will convene in early 2009 to discuss desired outcomes. Water and Sewer Rate(s) Study Water and sewer rates have not been adjusted in several years to CMO/CDDStudies will be presented to City Council in early 2009. 111140.8 reflect Zone 7 or DSRSD increases. As a result, both enterprise funds have absorbed these increases in lieu of adjusting water and sewer rates charged to the public. This project would assess current rates and future maintenance needs and suggest a long- term rate strategy to ensure that both enterprise activities remain fiscally sustainable. The project includes considering water conservation as one element of the rate study. attch 1 Priority Ranking with NEW Priorities.xls Adopted 2/20/07Page 4 of 17