Laserfiche WebLink
Finance has spent the last three months working on this model and gathering the <br />necessary data for the historical information or the baseline forecast. <br />We have a template which we are ready to present to the City Council, but this model is <br />still a work -in- progress and we now need additional information from the City Council to <br />continue working on the model. We need feedback from the Council to program the <br />metrics for trend and correlation analysis. The model will help us produce alternative <br />scenarios depicting favorable and unfavorable variations. <br />Our finance intern, Kyle Howard, will do a brief presentation on the model and then will <br />introduce and lead a discussion on the type of information on what type of indicators the <br />Council would like to see us program into the model. <br />We anticipate that the model will be ready to use for the 2012 budget cycle. <br />Council Action <br />Provide feedback and discussion to staff on the model and the Key Indicators that the <br />City Council would like to see programmed into the model. <br />City Council Meeting <br />Metro- inet.us \ardenhills\Admin \Council\Agendas Packet Information\2010\ 11 -15 -10 <br />Worksession\Packet Information \Long -Range Financial Plan.doc <br />Page 2 of 2 <br />