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Report ID: 20-062   
Type: Regular - Finance & Audit
Meeting Body: Board of Directors - Regular Meeting
Meeting Date: 3/11/2020 Final action:
Recommended Action: Consider receiving an overview of staff's proposed FY 2020-21 Budget Goals and Objectives.
Attachments: 1. STAFF REPORT, 2. Att 1 Budget Goals, 3. Master Minute Order

TO:                                          AC Transit Board of Directors                                          

FROM:                                          Michael A. Hursh, General Manager

SUBJECT:                     FY 2020-21 Budget Goals and Objectives                     

 

BRIEFING ITEM


RECOMMENDED ACTION(S):

 

Title

Consider receiving an overview of staff's proposed FY 2020-21 Budget Goals and Objectives.

Body

 

STRATEGIC IMPORTANCE:

 

Goal - Financial Stability and Resiliency

Initiative - Financial Efficiency and Revenue Maximization

 

The budget goals and objectives focus the budget creation process and allow it to align with the District’s strategic plan.

 

BUDGETARY/FISCAL IMPACT:

 

There is no fiscal impact associated with this report.

 

BACKGROUND/RATIONALE:

 

The Board adopted a budget development calendar in November 2019 which included the development of goals and objectives for the FY 2020‐21 Operating and Capital Budgets. The proposed goals and objectives are shown in Attachment 1. These goals and objectives are based on the set adopted for the current fiscal year.

 

One of the major items considered when developing this year’s goals and objectives is the District’s adopted Strategic Plan. The budget goals now show how each aligns with the goals and initiatives of the strategic plan. The budget development process this year will require that all budget requests identify the initiatives that they support. This identification can be more granular this year, giving a better picture of how much spending supports each initiative.

 

A second item is the service reliability challenges the District has faced due to the shortage of operators and absenteeism. The service quality task force led by the Chief Operating Officer has gone a long way toward focusing internal resources on service reliability. The budget process should reinforce this effort.

 

The goals of the budget process are not the same as the District’s overall goals, but the budget process must support the agency in working to meet those overarching goals. Staff will continue to work to make the budget process support the reality of providing today’s service while still ending up at the outcome desired by the Strategic Plan.

 

ADVANTAGES/DISADVANTAGES:

 

There are no disadvantages from receiving this report.

 

ALTERNATIVES ANALYSIS:

 

There are no alternatives to report, as this report is being provided to the Board as part of the scheduled activities in the development of the FY 2020‐21 Operating and Capital Budgets.

 

PRIOR RELEVANT BOARD ACTION/POLICIES:

 

SR 19-350 - FY 2020-21 Budget Development Calendar Board Policy 311 - Budgets                      

ATTACHMENTS:

 

1.                     Proposed FY 2020-21 Budget Goals and Objectives

 

Prepared by:

Chris Andrichak, Director of Management and Budget

 

In Collaboration with:

Richard Oslund, Acting Budget Manager

 

Approved/Reviewed by:

Claudia L. Allen, Chief Financial Officer