Page 466 - FY 2025 Adopted Operating Budget and Business Plan

Return to Table of Contents

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
Milestone
The City’s Procurement Policy governs the procurement Completion Completion
activities of the City of Arlington. All procurement activities Present Draft to CAO for 10/01/2023 09/01/2023
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 09/26/2023
and fair conduct in all aspects of the procurement process. City Council Approval
Train Departments on 01/31/2024 Ongoing
Updates will include new statute language, RFP threshold Updates and Changes
permission, MWBE policy requirements, Workday updates, Presenting at 3 Quarter 05/16/2024 5/16/2024
rd
and vertical construction. Director’s Meeting
Training and 01/01/2025 Ongoing
Update: Implementing Changes to
The Office of Procurement is actively training end user Departments
departments on purchasing policies and procedures and
MWBE requirements as it relates to city contracts. Updates
are ongoing to Procurement Evaluation and SOP.
Procurement is working on scheduling a city-wide
contracts management training program for all employees
through NCTCOG.

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 Percent
Milestone
Enhance current reporting for Economic Development Completion Complete
Agreements, including Abatements, Chapter 380, TIRZ, Review All Agreements 12/31/2023 100%
EDC, ATPID, and DAMC/DBID to include historical impact Develop Framework 03/31/2024 40%
and future implications. Complete Reports for: 06/30/2024 40%
Abatements, Chapter
Update: 380, and TIRZ
Special Purpose District, EDC reporting, and TIRZ reporting Complete Reports for: 09/30/2024 100%
to state is complete. FY 2024 TIRZ billing is complete. EDC, ATPID, and
Stabilization of ED compliance tracking and reporting is DAMC/DBID
underway, as is development of a framework for enhanced
ED reporting, and FY 2024 Transparency Stars reporting.

93