As of January 31, 2018, the General Fund is reporting a net surplus of $1,870,114. The
General Fund balance is $16,512,558 with a cash balance of $8,905,448. The attached
supplemental charts show the General Fund Revenues at 8.3% of budget and
expenses lower at 6.7%. Expenses are low because there were only 1.5 payrolls
charged in January, which balances out by the end of the year.
Two sets of measures were used to score programs by staff. The
first set was Basic Program Attributes. These were first scored by the departments and
then reviewed for accuracy by the Finance and Law Department staff. These measures
captured metrics including whether a program was mandated to be provided by the
state or federal government and its level of internal cost recovery. Details of these
measures are included in Attachment A - PBB Scoring Guidelines.
The second set of measures was City Council Goals. For this set, staff rated programs
based on their relevance to the 2018 City Council goals of: Infrastructure and Facilities,
Community Development and Job Creation, Affordable Housing, Police and Community
Relations, Stabilize Finances, and Equity.