| Accuracy of Projections- Maintain financial strength and operational efficiency |
Strategic Priorities |
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13.2 Create a balanced budget that reflects our priorities
- Maintain financial strength and operational efficiency
About this measure |
This item measures the accuracy of the projections the Office of Budget and Management makes with respect to anticipated revenue and expenditures. Percentages reported by the Office of Budget and Management show how close projections were to actuals from Q1 to Q3 annually.
Why is this important? |
Without the expectation of accuracy, the projections do not provide the necessary decision support to the County’s elected officials. Without an accurate understanding of anticipated revenue, expenditures, and of the County’s overall financial health, the elected officials cannot make informed decisions.
How are we making an impact? | |
Accurate projections ensure that the County’s elected officials are making decisions with a complete and accurate understanding of the County’s financial status. The County will continue its efforts to maintain and, when possible, improve the accuracy of projections.
Reporting Agency |
Cuyahoga County Office of Budget and Management
Additional Resources |
Actual Revenue Compared to Projection - Current Performance |
Actual Revenue Compared to Projection - Historical Performance |
Measure Data |
| Period | | Status | Actual Expenses Compared to Projection | Actual Expenses Compared to Projection - YTD | Actual Expenses Compared to Projection - Target | Actual Revenue Compared to Projection | Actual Revenue Compared to Projection - YTD | Actual Revenue Compared to Projection - Target |
|---|---|---|---|---|---|---|---|---|
| Q1-17 | | In Progress | 0.90% | 2.50% | ||||
| Q2-17 | | In Progress | 0% | 0.40% | ||||
| Q3-17 | | In Progress | 0.70% | 0.90% | ||||
| Q4-17 | | In Progress | 0.70% | 0.70% | 3.00% | 0.90% | 0.90% | 3.00% |
| Q1-18 | | In Progress | 5.20% | 2.70% | ||||
| Q2-18 | | In Progress | 5.00% | 2.00% | ||||
| Q3-18 | | In Progress | 3.10% | 0.20% | ||||
| Q4-18 | | In Progress | 3.10% | 3.00% | 0.20% | 3.00% | ||
| Q1-19 | | In Progress | ||||||
| Q2-19 | | In Progress | ||||||
| Q3-19 | | Not Defined | ||||||
| Q4-19 | | Not Defined |