9.1. SR 04-21-2014 �i
EOty lk Request for Action
River
To Item Number
Mayor and City Council 9.1
Agenda Section Meeting Date Prepared by
Worksession Aril 21, 2014 Tim Simon, Finance Director
Item Description Reviewed by
Annual Financial Forecasting Model Review Cal Portner, City Administrator
Reviewed by
Action Requested
Review updated financial forecasting model.
Background/Discussion
Annually as part of our long-term financial planning we review the 10-year financial model for the city's
General Fund. This is an interactive model that I have developed over the past few years,which now has
been updated with our final 2013 numbers. I will show the model on the overhead and walk through
several aspects and spreadsheets/charts.
Here are a few of the areas we will cover.
■ 2013 numbers
■ Tax abatement levies
■ Tax increment financing
■ Debt Service levies
■ Consumer Price Index (CPI) &Key Metrics
■ Revenue and expenditure trends
Also anytime throughout the budget and capital improvement plan process let me know if you would like
to try specific scenarios.
Financial Impact
N/A
Attachments
■ None
p 0 W I R I I a
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