This strategic plan KPI is derived from the assessment the City receives due to the evaluation process for the Southwest Alliance for Excellence (SWAE) Performance Excellence Program, which utilizes the nationally recognized Baldrige criteria to identify opportunities for improvement and to evaluate performance excellence systematically. This metric is updated commensurate with each SWAE application.
This visualization presents the Financial Stabilization Fund balance as a percentage of Actual Revenue. The city strives to maintain 8.3% of budgeted revenue in a “rainy day” financial stabilization fund, as defined per Nevada Revised Statute (NRS). This reserve fund allows the city to lessen the impact of economic uncertainties.