Presented by
Cathedral City Executive Leadership Team
City Council Strategy Session
February 16, 2022
Formation of a Five-Year Strategic Plan
The Pathway Forward
City Council Strategy Session
General Fund 5-Year Forecast
FY 2022 - 2026
Labor Negotiations – provided for tiering along with the CalPERS-required PEHMCA minimum for new hires supplemented with a Health Reimbursement Account
Pension Obligation Bond – estimated annual savings for cash flow purposes - $1 million Established OPEB Trust Account – to mitigate/reduce the liability and assist in future economic downturns
Embraced Cannabis Industry – resulting in over $5M in new revenue Five Year Implementation of Citywide ERP (Enterprise Resource Planning) technology to bring electronic/integrated functions to the community furthering operation efficiencies and cost savings Financial Backbone: General Ledger, Project Ledger, Budget, Purchasing, Accounts Payable, Accounts Receivable Business Backbone: License, Permit, Plans, Inspection, Enforcement, GIS Payroll / Human Resources
Asset Management / Inventory / Incident Management / GIS City Council Corrective Actions
Strategic Planning Framework
Data
Collection
Stakeholder
Engagement
Mission,
Vision, Values
Priority
Setting (Goals)
Establish
Objectives &
Tasks
Implementation &
Evaluation
Development of Five-Year Project Pipelines & Organizational Charts Class & Compensation Study
Development of a Community Outreach & Education Campaign Develop/Disseminate Community & Employee Surveys
Plan Community Outreach Events
Various City Council/Staff Strategy Sessions
Adopt Community Outreach & Education Campaign
Review Community & Employee Survey Results
2023 City Council Strategy Session
Adopt Five-Year Project Pipelines & Organizational Charts Prepare the FY2023-24 & FY2024-25 Biennial Budget Based on the Five-Year Project Pipelines & Organizational Charts
Five-Year Strategic Plan Framework
Recommended Future Actions
Staff Recommends Prioritizing the Creation of a Sustainable, Five-Year Plan that Forecasts Future Community Needs and Economic Challenges by Prioritizing Long-range Planning Across Departments.
Aligning Resources with City Council Priorities
Guiding Salaries & Benefits in a Sustainable Direction
Supporting a Lean, Dynamic Workforce
Reaching a Structurally Balanced Budget
Major Themes To Consider
General Fund Projections
FY 2024 - 2030
QUESTIONS ?
APPENDIX
2021 2021 2022 2023 2024 2025 2026
Revised
Budget Actual Projected Projection Projection Projection Projection Beginning General Fund Balance* 22 ,458 ,228
Revenues 58 ,179 ,207
Expenditures
22 ,442 ,594
52 ,793 ,869
49 ,907 ,746
22 ,442 ,594
56 ,179 ,063
49 ,693 ,402
28 ,928 ,255
54 ,861 ,720
58 ,648 ,346
32 ,388 ,910
54 ,823 ,566
59 ,955 ,600
29 ,890 ,690
55 ,920 ,037
61 ,933 ,268
26 ,934 ,632
57 ,038 ,438
64 ,149 ,266 66 ,475 ,744
S urp lus /(D e fic it) 2,886,123 6,485,661 (3,786,626) (5,132,034) (6,013,231) (7,110,828) (8,296,537) Ending General Fund Balance
(Available Cash)* 25 ,328 ,717 28 ,928 ,255 25 ,141 ,629 27 ,256 ,876 23 ,877 ,459 19 ,823 ,804 14 ,161 ,691 +ARPA Revenue Loss 6,119,464
+A R P A R e hiring P ub li c S e c to r S ta ff 1,127,817 2,633,814 3,057,173 2,634,424 0 ARPA ENDING GF CASH BALANCE 32 ,388 ,910 29 ,890 ,690 26 ,934 ,632 22 ,458 ,228 14 ,161 ,691 33% Fund Balance Reserve Policy 16 ,469 ,556 16 ,398 ,823 19 ,353 ,954 19 ,785 ,348 20 ,437 ,978 21 ,169 ,258 21 ,936 ,996 50 % T a rge t Fun d B a la nc e P o li c y
(Co un c il D ire c tiv e b y 2020) 24 ,953 ,873 24 ,846 ,701 29 ,324 ,173 29 ,977 ,800 30 ,966 ,634 32 ,074 ,633 33 ,237 ,872 21%
A ss ump tio ns :
W ith ARPA Fund s 55% 50% 43% 35%
- Revenue projections re flect 2% and Expense projections re flect 3% gro wth from 2024-2026 - Includ e s $1,100,000 FY 21-22 a nd $900,000 in FY 22-23 a nnua l b ud g e t fo r Ge ne ra l Fund MOE ma tch fo r SB 1 fund s
*Does not include $1M loan receivable from CURC for Fire Sta tion 411 *Does not include $900K loan receivable from CV Rep GF B a la nc e fa ll s b e lo w 33 % P o li c y Minimum GF Projected CASH BALANCE WITH ARPA
2012 to 2021 Crimes Against Persons UCR Figures
0 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Aggravated Assault 124 92 67 52 78 72 109 70 78 108
Robbery 68 44 49 49 51 49 39 48 32 31
Rape 10 9 11 13 18 14 22 19 15 11
Homicide 2 4 1 3 5 2 2 7 5 3
50 100
150
200
250
2012 to 2021 Property Crimes UCR Figures
0 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Arson 10 1 1 4 5 6 6 4 3 4
Motor Vehicle Theft 297 302 317 320 393 253 246 193 190 279 Larceny 653 417 491 505 429 340 283 227 325 326
Burglary 626 399 386 327 275 176 188 182 136 154
1800
1600
1400
1200
1000
800
600
400
200