FY2023 Adopted Budget

Goals, objectives, and performance measures Strategic Plan Goal:

Invest in Public Infrastructure, Facilities, and Fiscal Reserves Build tax base in effort to continue to reduce the City's property tax levy

Department Goal:

Department Objective:

Work with public and private sectors to facilitate economic development opportunities

Performance Measures: New Value created in TIF districts Current Value (in millions) Base Value (in millions)

Jan 2021 Projected

Jan 2022 Estimate

Jan 2018

Jan 2019 Jan 2020

$ 979.67 $ 401.12

$ 1,160.37 $ 401.12

$ 1,224.10 $ 401.12

$ 1,375.97

$ 1,428.40

$

401.12

$

401.12

percent increase

144.2%

189.3%

205.2%

243.0%

256.1%

$1,000.00 $1,200.00 $1,400.00 $1,600.00

$- $200.00 $400.00 $600.00 $800.00

Jan 2018 Jan 2019 Jan 2020 Jan 2021 Projected

Jan 2022 Estimate

Current Value (in millions) -

Base Value (in millions)

Total - All Urban Renewal Areas

FY 2022 Projected

FY 2023 Estimate

FY 2019

FY 2020

FY 2021

New

1 2

0 0

1 4

0 0

0 2

Amended

Total Urban Renewal Areas

14

14

14

14

14

Strategic Plan Goal:

Promote an Inclusive and Resilient Economy Throughout the City Build stronger relations with business owners throughout the community Develop programs aimed to enhance small business development and retention with a focus on diverse communities identify ways to market and grow the local foods economy.

Department Goal:

Department Objective:

Build Employment Opportunities

CY 2021 Projected

CY 2022 Estimate

CY 2018

CY 2019

CY 2020

Performance Measures:

Unemployment Rate

2.0%

2.1%

4.7%

4%

3%

77