Model For Excellence in Government

Utility Fund - Liquidity

Finance

Metric Definition

The Utility Fund (UF) Unrestricted Cash as a percent of the UF Operations and Maintenance (O&M) expenditures.

Target Definition

The “Target” UF >= 50%; “Close to Target” UF >= 30%; anything less “Needs Improvement”.

Organizational Effect

Reestablishing the UF Cash required, water and sewer rate increases of 37.5% over the last 3 years while reducing O&M and capital expenditures (e.g. above and below ground utility infrastructure; equipment).

Target Data

The City Council and staff defines the target in relation to national and state benchmarks.

Significance

UF above the established targets enable the City government to fund O&M and capital requirements when revenue is down and costs may be up due to national, state, and/or local state of emergency or other City specific situations.

Metric Definition

Target Definition

Organizational Effect

Target Data

Significance

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