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9.4. SR 05-18-2015 �j Elk = - Request for Action River To Item Number Mayor and City Council 9.4 Agenda Section Meeting Date Prepared by Worksession May 18, 2015 Tim Simon, Finance Director Item Description Reviewed by Annual Financial Overview Cal Portner, City Administrator Reviewed by Action Requested Receive information regarding annual financial overview. Background/Discussion Annually, as part of our long-term financial planning,we review the financial model for the city's General Fund. The interactive financial model was developed by the finance director over the past few years, and is now updated with our final 2014 numbers. Key aspects/metrics from the Excel model will be displayed in a PowerPoint format. Here are a few of the areas that will be covered: ■ 2014 General Fund numbers ■ Various levies ■ Market value trends ■ Tax base composition ■ Debt Service levies and debt per capita ■ Key Metrics Also, if at any time throughout the budget and Capital Improvement Plan process the Council would like to try specific scenarios, please let staff know. Financial Impact N/A Attachments ■ None p 0 W I R I a 0 NA UREJ