Page 87 - ArlingtonFY24AdoptedBudget

Business Plan

Financial/Economic Development

Goal 1: Continue Responsible Fiduciary Emphasis for the Organization and Council
Objective 1: Comply with all Financial Regulations and Policies
Project Performance Measure(s) Department(s)
Core Procurement Policy Update Finance
FED
1.1.1
Summary:
Estimated Actual
The City’s Procurement Policy governs the procurement Milestone Completion Completion
activities of the City of Arlington. All procurement activities Present Draft to CAO for 10/01/2023
for the City shall be administered in accordance with the Review
provisions of this policy, with the intent to promote open Present Resolution for 11/30/2023
and fair conduct in all aspects of the procurement process. City Council Approval
Train Departments on 01/31/2024
Updates will include new statute language, RFP threshold Updates and Changes
permission, MWBE policy requirements, Workday updates,
and vertical construction.

Financial/Economic Development

Goal 1: Continue Responsible Fiduciary Emphasis for the Organization and Council
Objective 1: Comply with all Financial Regulations and Policies
Project Performance Measure(s) Department(s)
Core Economic Development Project Finance
FED Reporting
1.1.2
Summary:
Estimated Actual
Enhance current reporting for Economic Development Milestone Completion Completion
Agreements, including Abatements, Chapter 380, TIRZ, Review All Agreements 12/31/2023
EDC, ATPID, and DAMC/DBID to include historical impact Develop Framework 03/31/2024
and future implications. Complete Reports for: 06/30/2024
Abatements, Chapter
380, and TIRZ
Complete Reports for: 09/30/2024
EDC, ATPID, and
DAMC/DBID

FY 2024 Adopted Budget and Business Plan 78 City of Arlington, Texas