Share to Facebook Share to Twitter Bookmark and Share
File #: 220394    Version: Name:
Type: Resolution Status: Final Reading, Debate
File created: 5/4/2022 In control: Council
On agenda: 5/26/2022 Final action:
Title: RESOLUTION - Directing the City Manager to implement Priority Based Budgeting to better align resources with community priorities/values, build upon the City's comprehensive framework that ensures financial resiliency, and increases transparency in the budget process.
Sponsors: Ryana Parks-Shaw, Quinton Lucas, Kevin O'Neill
Attachments: 1. fact sheet, 2. Authenticated Resolution 220394 C.S.
COMMITTEE SUBSTITUTE FOR RESOLUTION NO. 220394

title
RESOLUTION - Directing the City Manager to implement Priority Based Budgeting to better align resources with community priorities/values, build upon the City's comprehensive framework that ensures financial resiliency, and increases transparency in the budget process.

body
WHEREAS, the Adopted Citywide Business Plan includes in the Finance and Governance goal an objective to ensure the resiliency of City government. A strategy contained within the objective is to implement an outcomes-based budgeting system; and

WHEREAS, the philosophy of priority-based budgeting is that resources should be allocated according to how effectively a program or service achieves the goals and objectives that are of greatest value to the City, as measured by data and evidence; and

WHEREAS, priority-based budgeting is accepted as a best practice in government budgeting by International City/County Management Association (ICMA) and Government Finance Officers Association (GFOA). Priority based budgeting is adopted and applied in over 300 municipalities across North America; and

WHEREAS, the principles of priority-based budgeting include:

* Prioritizing services that most align with the citywide business plan goals
* Evaluate historical spending practices
* Spend within means
* Understand the costs of doing business
* Providing transparency of priorities
* Providing transparency of service impacts
* Consider the future that each and every program or that the City provides and determine its relevance and alignment with priority results; and

WHEREAS, priority-based budgeting is a collaborative, evidence-based process ranking city programs/services according to:

* Alignment to strategic goals and priorities outlined in the citywide business plan (our Values)
* Mandate review - Is the program mandated by federal, state, or local regulations?
* Demand changes - Is the dema...

Click here for full text