Post by Randal Clark Place 3 on Jan 4, 2023 15:25:48 GMT
All,
I like that city staff is now putting a Fiscal section on agenda items but I would like to request a small tweak to that information. In Item 10.1 for example it states the FM1660 fund has 4,583,040 remaining in budget and proposed expenditure of 2,830,068 but I would like to see it also stated how much above or below the planned budget that expenditure is from the plan. I.E. are we coming under budget or over budget as that allows a quicker drill down in seeing how well staff and council have managed a project and ensure we are not going to be under-funded and unable to move forward due to cost overruns as we near the end of a project. We have all seen from other large capital projects undertaken by other governmental agencies such as schools, TXDOT, and other city projects in the past that projects can balloon from original plans do to scope creep, cost increases, etc and I want to have an easy way for citizens to see a high level view right from the agenda.
I like that city staff is now putting a Fiscal section on agenda items but I would like to request a small tweak to that information. In Item 10.1 for example it states the FM1660 fund has 4,583,040 remaining in budget and proposed expenditure of 2,830,068 but I would like to see it also stated how much above or below the planned budget that expenditure is from the plan. I.E. are we coming under budget or over budget as that allows a quicker drill down in seeing how well staff and council have managed a project and ensure we are not going to be under-funded and unable to move forward due to cost overruns as we near the end of a project. We have all seen from other large capital projects undertaken by other governmental agencies such as schools, TXDOT, and other city projects in the past that projects can balloon from original plans do to scope creep, cost increases, etc and I want to have an easy way for citizens to see a high level view right from the agenda.
