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SECTION 6
Financial Analysis
The goals of the Finance Teamwere to:
Work with the consulting team to develop base financial data for strategies financial
evaluation
Develop financial metrics to be applied to evaluate the financial implications of the
strategies developed by the Strategies Teams at a planning level
Identify potentially viable financing techniques
The Finance Teamwas engaged in three collaborative workshops and also in extensive
work in between the workshops with the consulting team to gather and confirm financial
information needed for the assessment of the strategies. The Finance TeamWorkshops are
described in Exhibit 11 below; the Team Members also met with the full Project Team to
review the project results.
EXHIBIT 11
Finance Team Workshop Topics and Deliverables
Finance
Team
Workshop
No.
Primary Workshop
Topic
Deliverables
Date
1
Existing City Financial
Analysis Framework
and Processes to be
Applied for CEAP
Development
Team Charter
City Financial Metrics, Financing
Techniques, Financial Analysis Platform
Typical Data Gaps
July 22, 2011
2
Develop Methodology
for Financial
Evaluations given
Gaps in Financial
Information Provided
by Strategy Teams
Method and Input for Prioritization Team to
use to evaluate strategies for contribution
to the Financially Responsible and
Realistic/Implementable decision criterion
as related to City’s financial operations
Method of proceeding with financial
evaluations; financial metrics
October 4, 2011
3
Review Strategy
Prioritization Results
with all Project Team
Members
All Project Team
Members met Together
on December 5, 2011
4
Business Case
Evaluation Overview
and Review of Two
Cases for CEAP
Understanding of business case evaluation
process; results of business case
evaluations developed for two potential
future strategies
Consistent evaluation analysis framework
that can be applied by City for budgeting,
CIP and other finance-related decisions
April 30, 2012; also
attended by Other
Project Team Members