The Budget and Management Division serves as the City's executive budget office. Its responsibilities include development of the annual executive budget; implementation of the adopted budget; management analysis of City operations; and development and analysis of fiscal policy and legislative proposals.
Two strategic objectives guide the work of the Budget and Management Division:
- Provide mission critical services while limiting the increase in tax levy and municipal service charges on the typical residential property to 3% or less.
- Manage long term obligations such as core infrastructure, debt, and pension benefits in a manner that stabilizes ongoing funding requirements.
Structural balance is a government’s ability to fund existing expenditures over time with its projected ongoing revenues. The City’s strategy to achieve structural balance includes three main components:
- Resize: Reduce the scale of city government operations
- Restructure: Increase productivity and reduce staffing through technology, automation, and functional consolidations
- Reinvest: Make strategic investments in equipment, data applications, process improvements, and people; and engage in redevelopment to improve the tax base and economic opportunities