HomeMy WebLinkAbout2011 08 22 Informational 103 Investment ReportCOMMISSION AGENDA
ITEM 103
Consent
Informational X
Public Hearing
Regular
August 22, 2011 MGR. /DEPT.
Regular Meeting Authorization
REQUEST: City Manager and Finance Department transmitting the City's fiscal third
quarter investment report for the 2011 fiscal year via The Executive Dashboard.
SYNOPSIS:
Transmission of the third quarter investment report for fiscal year 2011 is being presented using
the new dashboard technology /software. This design and concept was presented at the June 13,
2011 Regular Commission Meeting (Informational 102).
CONSIDERATIONS:
A digital dashboard is an executive information system that (similar to an automobile's
dashboard) is designed to be easy to read and display critical information about the overall
performance and financial health of an organization. These key metrics are displayed in a
graphical format that can be read quickly to determine if the organization is functioning within
the acceptable range.
The investment report presents performance for the quarter ended June 30, 2011.
It is the intent of the staff to continue to add additional reports and graphs to the existing catalog
in the coming months. This will continue to increase the financial transparency of the City of
Winter Springs. The reports are accessible at:
http: / /www.wintersprin_sg fl.org /en/dashboard/
FISCAL IMPACT:
The fiscal impact of this new modeling will be measurable over the next several years. The cost
of the software is nominal.
COMMUNICATION EFFORTS:
This Agenda Item Has Been Electronically Forwarded To The Mayor And City Commission,
City Manager, City Attorney /Staff, And Is Available On The City's Website, LaserFiche, And
The City's Server. Additionally, Portions Of This Agenda Item Are Typed Verbatim On The
Respective Meeting Agenda Which Has Also Been Electronically Forwarded To The Individuals
Noted Above, And Which Is Also Available On The City's Website, LaserFiche, And The City's
Server; Has Been Sent To Applicable City Staff, eAlert/eCitizen Recipients, Media/Press
Representatives Who Have Requested Agendas /Agenda Item Information, Homeowner's
Associations/Representatives On File With The City, And All Individuals Who Have Requested
Such Information.
Investment Report
August 22, 2011
Commission Informational 103
Page 2 of 2
This Information Has Also Been Posted Outside City Hall, Posted Inside City Hall With
Additional Copies Available For The General Public, And Posted At Five (5) Different
Locations Around The City. Furthermore, This Information Is Also Available To Any
Individual Requestors. City Staff Is Always Willing To Discuss This Agenda Item Or Any
Agenda Item With Any Interested Individuals.
RECOMMENDATION:
It is recommended that the City Commission review and receive the third quarter 2011
investment report via the new dashboard reporting technology /software investment report as an
alternative to traditional static paper reports.
ATTACHMENTS:
N/A