Page 474 - FortWorthFY22AdoptedBudget

a. Analysis of the affordability of current services, projects , and
obligations:
i. An analysis of the City’s environment in order to
anticipate changes that could impact the City’s service
and/or financial objectives.

ii. Revenue and expense or expenditure projections (as
applicable), including the financial sustainability of
current service levels over a multi-year period.

iii. The affordability of current debt relative to affordability
ratios prescribed by City policy and/or State law.

iv. The affordability of maintaining and replacing the
City’s current capital assets.

v. The ability to maintain Reserves within the target ranges
prescribed by City policy over a multi-year period.

vi. The impact of non-current liabilities on the city’s
financial position.

b. Analysis of the affordability of anticipated service expansions or
investments in new assets:

i. The operating costs of any new initiatives, projects, or
expansion of services where funding has been identified
through alternative sources (CIP, grants, debt issuance,
etc.) or adopted or approved by the City Council
through other actions. Service delivery of
administrative services and functions shall be included
to the extent needed proportionately with the expansion
of other services.

ii. The affordability of the City’s long-term CIP, including
operating and maintenance costs for new assets.

iii. The affordability of other master plans that call for
significant financial investment by the City.

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