File this one under "Weren't they already doing that?!" On Wednesday evening the Pleasant Hill City Council's Budget Committee will meet to discuss the city's financial condition. The city is part way through a transition to something called performance-based budgeting, which is described thusly in the city's draft biennial budget:
"[Performance-based budgeting] is a process that links resource allocation to the achievement of priorities and goals. it is a process by which results are achieved through good resource allocation."
Sort of makes you want to know how the city was making spending decisions before performance-based budgeting entered the scene.
With or without the benefit of performance-based budgeting, Pleasant Hill reckons it will take in $18.5 million this fiscal year. It expects to spend $18.7 million, of which between 70 and 78 percent will pay city employees in the form of salaries and benefits. Below is a table showing the city's revenue sources.
The consultants city officials hired to make revenue forecasts predict that revenue will grow by $2 million over the next four years.Pleasant Hill Revenue Projections 2011-12 through 2015-2016 Revenue Source 2011-2012 Projection 2015-2016 Projection Sales Tax $6.45 million $7.67 million Property Tax $2.18 million $2.36 million Vehicle License Fees $2.44 million $2.52 million Business Licenses $2.18 million $2.38 million Franchise Fees $1.77 million $1.94 million Transient Occupancy Tax $1.35 million $1.57 million Other $1.89 million $2.03 million Total $18.5 million $20.5 million
Do you agree with the city's relatively rosey financial forecast?