Page 202 - CityofColleyvilleFY25AdoptedBudget
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Departmental Goals & Objectives
Goal 1: Enhance Compensation, Recruitment, and Goal 2: Improve Employee Development and Wellness
Retention Effor ts Programs
Objective 1.1: Conduct and implement a citywide Objective 2.1: Continue to review and provide
compensation and classi cation study to ensure training programs for employees and supervisors to
competitive salary and bene ts. support professional development.
Performance Measure 1.1.1: Completion status Performance Measure 2.1.1: Percentage of
of the compensation and classi cation study. annual performance evaluations completed on
Timeline: Spring 2025 time.
94%
Objective 1.2: Enhance recruitment efforts for hard- Prior Year Actual (2023)
to- ll positions and improve employee retention.
Performance Measure 1.2.1: Percentage Current Year Estimate (2024) ≥ 90%
turnover per scal year.
≥ 90%
Budget Year Target (2025)
14.3%
Prior Year Actual (2023)
Objective 2.2: Promote employee wellness and
≤ 16%
safety through participation in wellness programs
Current Year Estimate (2024)
and maintaining a favorable workers' compensation
≤ 16%
experience.
Budget Year Target (2025)
Performance Measure 2.2.1: Percentage of
employees who participate in the wellness
program.
96%
Prior Year Actual (2023)
≥ 80%
Current Year Estimate (2024)
≥ 85%
Budget Year Target (2025)
Performance Measure 2.2.2: Workers'
compensation experience modi cation factor
(actual losses compared to expected losses).
0.30
Prior Year Actual (2023)
≤ 0.70
Current Year Estimate (2024)
≤ 0.70
Budget Year Target (2025)
Performance Measure 2.2.3: Medical and
pharmacy loss ratio (paid claims divided by
premiums).
196.2%
Prior Year Actual (2023)
≤ 85%
Current Year Estimate (2024)
≤ 85%
Budget Year Target (2025)
City of Colleyville | Budget Book 2025 Page 202
