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I r N <br />• San Leandro has much in common with other agencies <br />Staffing loss, wage pressures, doubling of pension costs <br />• Model is tailored to each agency's unique issues <br />Policies and priorities, accounting system, tax structure, unmet needs <br />• Forecast model provides foundation for future budget strategies <br />Not a replacement for annual budget, which sets detailed spending priorities <br />Identifies available resources under given set of assumptions <br />• Numbers will change! <br />Different assumptions = different forecast <br />• City owns the model - <br />• Can run numerous scenarios to test <br />sensitivity of city finances to economic or <br />spending changes <br />• Assumptions spelled out clearly <br />• Dynamic and easy to update <br />• Dashboard provides visual impact of <br />outcomes as assumptions are changed <br />• Early warning of adverse trends <br />• Promotes long-term sustainable solutions <br />- hj <br />