Finance Subcommittee City of Arvada May 27, 2008 Catherine Teutsch Core Learning Matters™, Inc. 303-388-CORE (2673) www.corelearningmatters.com Core Learning Matters, Inc.

Core Learning Matters, Inc. Agenda Agenda Overview Subcommittee Goals and Roles Discussion Individual Expectations Develop Ground Rules Core Learning Matters, Inc.

Core Learning Matters, Inc. Agenda (cont.) Decision-Making Process Discussion Committee Resources Overall Meeting Structure and Timeline Prioritization Methodology – Finance Options Core Learning Matters, Inc.

Core Learning Matters, Inc. Agenda (cont.) Deliverables Timeline Tier-One Options Core Learning Matters, Inc.

Subcommittee Goals and Roles Catherine Teutsch Core Learning Matters, Inc.

CIP Finance Subcommittee Goals Provide Direction on Funding-Options for Chosen Projects to CIP High-level Input on Arvada City Staff Funding Matrix Scenario 7/31 Completion Core Learning Matters, Inc.

CIP Finance Subcommittee Roles Discussion High-level Input on Funding Options Funding Policy Direction for Council Report Findings to Overall CIP Committee Consultant to Reporting Subcommittee Core Learning Matters, Inc.

Core Learning Matters, Inc. Develop Ground Rules Catherine Teutsch Core Learning Matters, Inc.

CIP Committee Ground Rules No more than two questions at a time from the same person Hold questions until the end of the presentation There are no dumb questions Stay on topic Be considerate of others Listen to understand Don’t interrupt Core Learning Matters, Inc.

Resources and Decision-Making Process Discussion Catherine Teutsch Core Learning Matters, Inc.

Finance Subcommittee Resources Victoria Runkle - Arvada Finance Director Lisa Yagi - Arvada Deputy Finance Director Bryan Archer - Arvada Controller Arlene Martinez - Arvada Project Manager Catherine Teutsch – Core Learning Matters, Inc. Facilitator Mike Trevithick - Consultant Core Learning Matters, Inc.

Decision-Making Process Meeting Dates Six Scheduled Meetings: 5/27 6/10 6/17 7/1 7/15 7/30 Core Learning Matters, Inc.

Decision-Making Process Overall Meeting Structure 5/27 Organizational Meeting 6/10 Budget Overview (Craig Kocian and Victoria Runkle) Address potential cuts – both items and impacts Core Learning Matters, Inc.

Decision-Making Process Overall Meeting Structure (Cont.) 6/17 Sales and Property Tax Comparison Data Alternative CIP Funding Source Discussion 7/1 Revenue Options Discussion Goal: Prioritized list of other options Overview of 3-tiered approach Viable Tier 3 Revenue Options Small group exercise: benefits, concerns, questions Core Learning Matters, Inc.

Decision-Making Process Overall Meeting Structure (Cont.) 7/15 Priority List/Funding Tier Match Process for Changing the List Council Policy Direction Discussion 7/30 Review Final Recommendations Final Approval of Product by Full Committee Core Learning Matters, Inc.

Prioritization Methodology Victoria Runkle Core Learning Matters, Inc.

Prioritization Methodology Define Funding Tiers Create Funding Matrix for Committee Consideration Analyze Discuss and Amend Funding Matrix Core Learning Matters, Inc.

Core Learning Matters, Inc. Define Funding Tiers Core Learning Matters, Inc.

Core Learning Matters, Inc. Define Funding Tiers Tier I City Charter Requirement Funded with 60% of first sales tax penny Tier II One-time Money for CIP Needs Depends on City’s Financial Ability Budget Reductions Fund On-going CIP Needs Core Learning Matters, Inc.

Core Learning Matters, Inc. Define Funding Tiers Tier III Includes But Not Limited to: Voter-approved Initiatives Developer Agreements Special Districts Core Learning Matters, Inc.

Core Learning Matters, Inc. Create Funding Matrix Project Tier I Tier II Tier III Comments Project 1 x Project 2 Project 3 Project 4 Project 5 Core Learning Matters, Inc.

Core Learning Matters, Inc. Funding Matrix Analyze Discuss Amend Core Learning Matters, Inc.

Core Learning Matters, Inc. Tier-One Discussion Victoria Runkle Core Learning Matters, Inc.

Core Learning Matters, Inc. Tier-One Discussion Core Learning Matters, Inc.

Tier-One Money Allocation Core Learning Matters, Inc.

Core Learning Matters, Inc. One Time Transfers Core Learning Matters, Inc.

CIP Transfers from Parks Fund Core Learning Matters, Inc.

Core Learning Matters, Inc. Tier-One Summary Source of Tier II Funding Council Has Not Yet Allocated $$ Waiting for Subcommittee Recommendations Core Learning Matters, Inc.

Core Learning Matters, Inc.