Page 9 - AnnualReportStratPlan101615

Administrative Services Performance Measures: ROAD FUND BUDGET

Measure: Accuracy of forecast vs. actual Road Fund balance

• Objective: Accurate Road Fund revenue forecasts are critical to planning
for capital purchases, staff levels, and other expenditures.

• Timeframe: July 1 to June 30.

O Target: Deviation of 5% or less.
Measure: Set a specific
9 FY 2014-15 result: Target met; actual revenues came in nearly 5% higher percentage of total Road Fund

than budgeted. revenues budgeted for County
road system maintenance,
operation, and improvement.
Measure: Improve accuracy of midyear budget estimates vs. actual beginning
fund balances. Objective: Setting a target for

• Objective: Accurate midyear estimates are critical to establishing the budgeting Road Fund monies
estimated beginning fund balances for the upcoming fiscal year budget. sets limits and provides direction
for annual road maintenance
• Timeframe: Midyear estimates of beginning fund balances for the upcoming work program development.
fiscal year are prepared in January of each year. The measurement of actual
revenue received occurs at the end of each fiscal year. Timeframe: July 1 to June 30

O Target: Deviation of 10% or less for all enterprise funds.
Target:
9 FY 2014-15 result: The target was met in two of our five enterprise 85%
funds. For the other three, fund balances exceeded our estimates by
greater than 10%.
Note: Road Fund and the Current Planning and Building fund revenues were Result:
projected conservatively. Gas tax revenue and development activity exceeded 92%
estimates due to the region’s continuing economic rebound.
Note: Includes one-time allocation
for overlay and shoulder widening.

7