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Agenda Item - 2023-03-23 - Number 6 - Agenda Item - 2023-03-23 - Number 6 - Budgeting for Priorities PowerpointKick-Off Budget Committee Meeting Fiscal Years 2023-2025 M a r c h 2 3 , 2 0 2 3 Agenda For Presentation •Intro to the City’s Budget Process and Philosophy –Biennial –Approach to the General Fund Budgets Implement Policy Vision/Preferred Future Strategies Tactics/Initiatives Tasks/Actions/Projects What Makes Us Crazy About the Traditional Way •Takes a tremendous amount of resources •Fosters competition inside the organization •Creates “use it or lose it” mentality and short- term thinking •Focuses (often) on the wrong stuff •Disempowers department directors •Results in little real change What Motivates Us A Motivation Based Approach •Biennial •Enterprise approach to the General Fund •Policy-driven Capital Improvement Plan One more thing that makes us crazy Biennial Budget •REALLY we don’t change much –Revenues and Expenditures are predictable -mostly –Activities and services are 95% stable •Financial Planning in the off year Operations are mostly “below the water.” Enterprise Approach to the GF •Department specific revenues (fees, licenses, tuition, etc.) are “kept” by the department •The Budget Officer allocates general tax revenues at the beginning of the process •Each department director must balance the department budget •Departments carry over unspent funds •Departments carry contingencies Enterprise Approach to the GF Why does the enterprise approach work? •Policy decisions are made up front (e.g., priorities, level of service, etc.) •Allocation of tax revenue is transparent •No interdepartmental competition •No “use it or lose it” •No “Santa Claus” moments for budget officer •No incentive to pad line items Policy Driven CIP •Capital = Big Money, long life •Overlay master plans and field data with Council policy goals = lasting impact In last biennium in LO –priorities were: Pedestrian safety, climate resilience, geographic fairness And One More thing –The Dashboard In other Words •The Council defines the purpose-policy agenda •Council and Budget Officer must grant autonomy over budgets to departments to achieve the purpose •Department directors must have mastery over their operations –really know their costs –to succeed 2023 Council goals & initiatives Ensure a safe, secure, and prepared community •Continue to oversee and guide the action plan to implement the recommendations of the 2021 Community Dialog on Policing •Implement a sustainable business model for the Fire Department that meets the 21st century needs of Lake Oswego •Create a process for externally-based community groups to connect and create a plan to support residents in the event of a disaster 2023 Council goals & initiatives Support business investment and job creation in Lake Oswego •Ensure the North Anchor redevelopment stays on track •Review the status of the City’s Urban Renewal Areas, including the status of previous planning for Foothills •Implement the initiatives in the 2022 Economic Development Strategy, including City outreach to large businesses, understanding available space for business and how Lake Oswego can be attractive for business. Designate a lead staff person to work with businesses 2023 Council goals & initiatives Foster a welcoming and inclusive community where all people have the opportunity to thrive and have equitable access to City services •Guide the highest priority recommendations of the DEI Advisory Board: Develop relationships with culturally specific community-based organizations; develop and implement inclusive community engagement practices; and ensure COBID procurement process requirements are met 2023 Council goals & initiatives Combat climate change and strengthen the community’s resilience to climate impact •Integrate climate action and resilience strategies into City projects, such as capital improvement planning, housing policy, and City facilities and fleet decisions •Update the Urban and Community Forest Plan using the findings of the 2022 State of the Urban Forest Report. Address issues related to equitable outcomes, tree species, housing, and climate change 2023 Council goals & initiatives Strengthen public trust in the City through continuous improvement, outstanding customer service, infrastructure investments, and fiscal stewardship •Collaborate with the City of Portland to make a financially and environmentally responsible long-term investment in a wastewater treatment plant •Lead the community visioning process for the Lake Oswego Public Library. Implement a strategic plan based on the recommendations of the visioning process •Leverage Lake Oswego’s position as the largest city in Clackamas County on regional bodies •Conduct a long-term strategic review of the City’s finances, including revenues, expenditures, and capital funding 2023 Council goals & initiatives Invest in Lake Oswego’s high-quality parks, natural areas, and recreational amenities •Guide delivery of the LORAC and Golf Course Construction •Develop a Funding Strategy for Rassekh Park, and construct the skate park portion •Start the process to update the City’s Parks Master Plan 2023 Council goals & initiatives Improve transportation connections, mobility and safety for all travelers and all types of trips in Lake Oswego •Continue construction of sidewalks and pathways, focusing on safe routes to schools •Adopt a transportation framework plan for Stafford/McVey 2023 Council goals & initiatives Conserve the community’s character, sense of place, and quality of life by planning for change and growth •Continue work on key housing initiatives, the housing production strategy, guiding the HACC/Metro project on Boones Ferry Road, and support for other non-profit led housing projects •Conduct a comprehensive review of the City’s development codes and processes to make our processes more efficient and predictable and less expensive to reduce the cost of housing and commercial development.* Kick-Off Budget Committee Meeting Fiscal Years 2023-2025 M a r c h 2 3 , 2 0 2 3