Page 70 - City of Westlake FY20 Budget

Section 2 Financial Analysis
Budget 101 Overview

Type Of Description Of Budget
Name Planning Process Planning Process Impact
General Government Five-year operating Forecast of revenues, Allows for reallocation
Long-Range Financial plan to facilitate expenditures, service of resources
Forecast financial planning levels and staffing
needs
Facilities Capital Five-year plan by The prioritization of Stability of General
Maintenance facility and departmental requests fund appropriations
maintenance activity for projects along with
or project known maintenance
requirements
Parks Capital Five-year plan by Identifies, prioritizes Stability of General
Maintenance facility, maintenance and schedules fund appropriations
activity or project improvements to
parks, medians and
grounds
Street Maintenance Five-year plan to Inspection, Stability of General
maintain and improve prioritization and fund appropriations
roadways, sidewalks, scheduling of surface
curbs and gutters repair & preventive
maintenance of streets
Vehicle and Five-year plan of Development of Timing and sizing of
Equipment scheduled vehicle and replacement intervals debt issues and
Replacement heavy equipment based on equipment payments
replacement age, usage, and
lifetime repair costs
Computer Plan for the Development of Stability of General
Replacement replacement of replacement intervals fund appropriations
computers and other based on equipment
technology items age, usage, and
lifetime repair costs
Capital Improvements Five-year plan of major Council identification Predictable funding
Plan infrastructure of projects; levels, debt service
development and prioritizing; costing; planning
improvements timing; financing and
project management

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