1. FINANCE & ECONOMIC STATUS REPORT
BIENNIUM END
1st QUARTER
CITY COUNCIL STUDY SESSION
APRIL 28, 2009

2. AGENDA Snapshot of 2007-2008 Quick Overview of 1st Quarter 2009
Trends
How We Respond to These Trends
Next Steps

3. GENERAL FUND 2007-2008 FUND BALANCE

4. 1ST QUARTER Overview

5. 1ST QUARTER 2009-2010 Revenue Projection Versus Actuals

6. 1ST QUARTER 2009-2010 General Fund Expenditure by Department

7. TRENDS

8. How We Respond

9. Measured Approach to Budget Management
Collaborative Process among the Senior Management Team to identify budget opportunities:
Level 1: implement easily
Level 2: high value, relatively low risk and low impact
Level 3: may impact services
Level 4: significant impact on services

10. Summary of Changes for General Fund

11. Next Steps 2nd Quarter budget review in late July
On-going Senior Management Team Review of Revenues & Expenditures