Establishment
The purpose of the Fiscal Sustainability Task Force is to provide a mechanism for members of the Government Performance and Finance Committee, along with private and public sector partners, non-profit interests and labor partners, to closely examine the City's revenue structure and structural budget deficit.
Duties and Responsibilities
The Task Force is charged with determining if there are both short and long term solutions to enhance revenues and/or reduce expenses in ways the City has not considered. The desired outcome is to ensure the financial integrity and service levels of the City. The Task Force will also study both the revenue and expense side of the structural deficit to see what steps the City can take to better manage these challenges.
The Task Force shall be responsible for the duties listed below and any other related tasks that might be added by the City Council or Government Performance and Finance Committee:
- Review and understand the City's revenues, expenditures and tax burden
- Generate and vet at least five to ten promising revenue changes/enhancements and expense reduction measures that can be explored or implemented to address the City's structural budget gap in a sustainable manner
- Develop a final report with an executive summary and recommendations
- After presentation and acceptance of the final report by the Government Performance and Finance Committee, this Task Force shall dissolve.
Final Report
On November 20, 2013 representatives from the Fiscal Sustainability Task Force presented a final report to the Government Performance and Finance Committee. The report outlines 28 recommendations presented in three parts:
- General Observations and Policy Recommendations;
- Efficiencies and Expenditure Reductions;
- Revenues.
The final report and presentation are made available in the links below.
Task Force Members
Joint Labor Representative Alice Phillips asked to be removed from the Task Force membership on October 24, 2013 due to scheduling conflicts.
Staff Support