1. Finance Subcommittee City of Arvada May 27, 2008
Catherine Teutsch Core Learning Matters™, Inc.
CORE (2673)
Core Learning Matters, Inc.

2. Core Learning Matters, Inc.
Agenda
Agenda Overview
Subcommittee Goals and Roles Discussion
Individual Expectations
Develop Ground Rules
Core Learning Matters, Inc.

3. Core Learning Matters, Inc.
Agenda (cont.)
Decision-Making Process Discussion
Committee Resources
Overall Meeting Structure and Timeline
Prioritization Methodology – Finance Options
Core Learning Matters, Inc.

4. Core Learning Matters, Inc.
Agenda (cont.)
Deliverables
Timeline
Tier-One Options
Core Learning Matters, Inc.

5. Subcommittee Goals and Roles
Catherine Teutsch
Core Learning Matters, Inc.

6. CIP Finance Subcommittee Goals
Provide Direction on Funding-Options for Chosen Projects to CIP
High-level Input on Arvada City Staff Funding Matrix Scenario
7/31 Completion
Core Learning Matters, Inc.

7. CIP Finance Subcommittee Roles Discussion
High-level Input on Funding Options
Funding Policy Direction for Council
Report Findings to Overall CIP Committee
Consultant to Reporting Subcommittee
Core Learning Matters, Inc.

8. Core Learning Matters, Inc.
Develop Ground Rules
Catherine Teutsch
Core Learning Matters, Inc.

9. CIP Committee Ground Rules
No more than two questions at a time from the same person
Hold questions until the end of the presentation
There are no dumb questions
Stay on topic
Be considerate of others
Listen to understand
Don’t interrupt
Core Learning Matters, Inc.

10. Resources and Decision-Making Process Discussion
Catherine Teutsch
Core Learning Matters, Inc.

11. Finance Subcommittee Resources
Victoria Runkle - Arvada Finance Director
Lisa Yagi - Arvada Deputy Finance Director
Bryan Archer - Arvada Controller
Arlene Martinez - Arvada Project Manager
Catherine Teutsch – Core Learning Matters, Inc. Facilitator
Mike Trevithick - Consultant
Core Learning Matters, Inc.

12. Decision-Making Process
Meeting Dates
Six Scheduled Meetings:
5/27
6/10
6/17
7/1
7/15
7/30
Core Learning Matters, Inc.

13. Decision-Making Process
Overall Meeting Structure
5/27
Organizational Meeting
6/10
Budget Overview (Craig Kocian and Victoria Runkle)
Address potential cuts – both items and impacts
Core Learning Matters, Inc.

14. Decision-Making Process
Overall Meeting Structure (Cont.)
6/17
Sales and Property Tax Comparison Data
Alternative CIP Funding Source Discussion
7/1
Revenue Options Discussion
Goal: Prioritized list of other options
Overview of 3-tiered approach
Viable Tier 3 Revenue Options
Small group exercise: benefits, concerns, questions
Core Learning Matters, Inc.

15. Decision-Making Process
Overall Meeting Structure (Cont.)
7/15
Priority List/Funding Tier Match
Process for Changing the List
Council Policy Direction Discussion
7/30
Review Final Recommendations
Final Approval of Product by Full Committee
Core Learning Matters, Inc.

16. Prioritization Methodology
Victoria Runkle
Core Learning Matters, Inc.

17. Prioritization Methodology
Define Funding Tiers
Create Funding Matrix for Committee Consideration
Analyze Discuss and Amend Funding Matrix
Core Learning Matters, Inc.

18. Core Learning Matters, Inc.
Define Funding Tiers
Core Learning Matters, Inc.

19. Core Learning Matters, Inc.
Define Funding Tiers
Tier I
City Charter Requirement
Funded with 60% of first sales tax penny
Tier II
One-time Money for CIP Needs
Depends on City’s Financial Ability
Budget Reductions Fund On-going CIP Needs
Core Learning Matters, Inc.

20. Core Learning Matters, Inc.
Define Funding Tiers
Tier III
Includes But Not Limited to:
Voter-approved Initiatives
Developer Agreements
Special Districts
Core Learning Matters, Inc.

21. Core Learning Matters, Inc.
Create Funding Matrix
Project
Tier I
Tier II
Tier III
Comments
Project 1 x
Project 2
Project 3
Project 4
Project 5
Core Learning Matters, Inc.

22. Core Learning Matters, Inc.
Funding Matrix
Analyze
Discuss
Amend
Core Learning Matters, Inc.

23. Core Learning Matters, Inc.
Tier-One Discussion
Victoria Runkle
Core Learning Matters, Inc.

24. Core Learning Matters, Inc.
Tier-One Discussion
Core Learning Matters, Inc.

25. Tier-One Money Allocation
Core Learning Matters, Inc.

26. Core Learning Matters, Inc.
One Time Transfers
Core Learning Matters, Inc.

27. CIP Transfers from Parks Fund
Core Learning Matters, Inc.

28. Core Learning Matters, Inc.
Tier-One Summary
Source of Tier II Funding
Council Has Not Yet Allocated $$
Waiting for Subcommittee Recommendations
Core Learning Matters, Inc.

29. Core Learning Matters, Inc.