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HomeMy WebLinkAboutMARCH 8, 2021 SPECIAL SESSION MINUTES QN.,,, a x,,,,t-\,- tli ,_ 5 -% i Sso', ,,; Pr. r :F OUR moo VIRGINIA BEACH CITY COUNCIL Virginia Beach, Virginia March 8, 2021 Mayor Dyer called to order the SPECIAL MEETING of the VIRGINIA BEACH CITY COUNCIL in the Virginia Beach Convention Center, Suite 5, on Monday, March 8, 2021, at 8:32 A.M. The purpose of this SPECIAL MEETING is to hold the City Council Retreat. Council Members Present: Jessica P. Abbott, Michael F. Berlucchi, Mayor Robert M. Dyer, Barbara M. Henley,Louis R.Jones,John D.Moss,Aaron R Rouse, Guy K Tower, Rosemary Wilson, Vice Mayor James L. Wood and Sabrina D. Wooten Council Members Absent: None 2 MAYOR'S CALL FOR SPECIAL SESSION ITEM#71368 Mayor Dyer read the Mayor's Call for the SPECIAL MEETING: "March 4, 2021 HONORABLE MEMBERS OF CITY COUNCIL In accordance with the Virginia Beach City Code Section 2-21, and by the authority vested in me as Mayor of the City of Virginia Beach, I hereby call for a SPECIAL MEETING of the VIRGINLA BEACH CITY COUNCIL Monday,March 8, 2021, 8:30 A.M. and Tuesday,March 9,2021, 8:30 A.M., at the Virginia Beach Convention Center, 100019`h Street,Suite 5. The purpose of this SPECIAL MEETING is to hold the City Council Retreat. Also, on March 9, 2021, the City Council may convene into Closed Session, as permitted by law. Should the City Council convene into Closed Session, the City Council will reconvene, certify the Closed Session, and then proceed with the Retreat. The City Council and a limited number of required staff members will meet in person at the Convention Center, with limited, socially distanced citizen seating in Suite 5. Overflow seating will be available in Suite 4, where citizens may view the retreat. Sincerely, 7`144,5#Vic/ Robert M. Dyer Mayor Cc: City Manager City Attorney City Clerk Deputy City Managers Communications Office" s City of Virginia Scorch t r 0 ;'9'f8 Gp OUR NAri0�orb VBgo,.com Robert M."Bobby'Dyer MUNICIPAL CENTER MAYOR BUILDING 1 2401 COURTHOUSE DRIVE March 4, 2021 VIRGINIA BEACH.VIRGINIA 23456-9000 (757)385-4581 CELL(757)749-4659 buyer@vbgov.com HONORABLE MEMBERS OF CITY COUNCIL In accordance with the Virginia Beach City Code Section 2-21, and by the authority vested in me as Mayor of the City of Virginia Beach, I hereby call for a SPECIAL MEETING of the VIRGINIA BEACH CITY COUNCIL Monday, Marc!: 8, 2021, 8:30 A.M. and Tuesday,March 9,2021, 8:30A.M.,at the Virginia Beach Convention Center, 100019'h Street,Suite S. The purpose of this SPECIAL MEETING is to hold the City Council Retreat. Also, on March 9, 2021, the City Council may convene into Closed Session, as permitted by law. Should the City Council convene into Closed Session, the City Council will reconvene, certf the Closed Session, and then proceed with the Retreat. The City Council and a limited number of required staff members will meet in person at the Convention Center, with limited, socially distanced citizen seating in Suite S. Overflow seating will be available in Suite 4, where citizens may view the retreat. Sincerely, Robert M. Dyer Mayor Cc: City Manager City Attorney City Clerk Deputy City Managers Communications Office 3 ITEM#71369 8:32 A.M. Mayor Dyer welcomed everyone and advised the following: • "There will be a live stream of the discussion patched into the next room over for the public and staff present. The meeting is not being recorded or televised • Portions of Day 2 may need to be done in closed session. Closed session items will not be live streamed into the next room • The STIR team will be next door capturing key points of the discussion for us and Neva White will be here taking flip chart notes for us here in the room • We have a lot of discussion points today. I will work to ensure everyone has an opportunity to opine on each item, so staff can get a sense of our collective input • Let's have truthful engagement. Remember what staff is presenting is a recommendation for our consideration. It is not set in stone—be prepared to propose a constructive solution if you disagree • If something you wanted to discuss is not on the agenda, know it is not that the issue is being avoided. If it is missing, it is solely due to time limitations which caused us to prioritize certain items. The Vice-Mayor, City Manager and I are working to accommodate all the request for briefing in the forthcoming meetings and workshops since we are now back in person. " 4 ITEM#71370 8:37A.M Mayor Dyer turned the meeting over to City Manager Duhaney. City Manager Duhaney welcomed everyone and provided the format for today's presentations. City Manager Duhaney also introduced Letitia Shelton, the new Finance Director. City Manager Duhaney opened the presentation for the Bond Referendum at 8:56 A.M. Various other staff presented portions of the presentation, attached hereto, and made a part of the record, with City Manager Duhaney finishing up the presentation. City Council took a brief break 10:12—10:30 A.M. Mayor Dyer RECONVENED the City Council Retreat and opened the floor for City Council Discussion. ��4�tr��BE.g0 it �y 2 ,: Stormwater Op OUR NAt\OH City Council Retreat Bond March 8, 2021 Referendum Goals If More aggressively . , x.. gg Y r� address recurrent -`ePfe;Pr flooding : f. ,- Irra) A. 40-.0"....‘ yi a Accelerate : 1111'_ a 4 40dr construction - - _ ai Provide funding - ,:..7.----;,..„,_ , for current) Y . unfunded projects 4_ 2 r. • a _777 , # V' s ' _. .. - i or rt„g,„ , . -7--et..10- . ! ' ' r " +! r • 11 golla • ,1 : MP V M r 3I ,w �.r • - !ta O. U) NN 1.� Cl) A ♦r • 0 1 4.1 0 N VCO 0 M 1 N 3. C o 2 8 g g 7 , 6 - ti • An o � � � Y9g ■ 4 1 a`' I1 I' lis � 1 CD ■ a r - a" .�, :01 124: .am% apil iv a � • • U I , . < ILE 1 . � . • MB r - M A a /111, r 01 I • r 0 • to Benefits , ,. ....,, -,-;--4:.', ,-:, .4443''' ar- � -,-a,��w Reducing --elL street and '�'� ilk �,µ structure flooding �1 -- . ' ' ii Maintaining access via 4.-- 444 ` i thoroughfares .9 HIGH a Protecting homes, WATER , businesses, military w, .;Av , , . . ...... ,„ ,__________,_v___ik installations al Increasing public safety Adding more projects 4 LU O >N O _0 co O — 4= c L D d) 0 o o -C3 C 0_ Co� 1U U) _ Ow (o = — •- m C.)O cn CZ O 4) 0 ._ � � Coco mbi+ C13 ■ ■ LIN 4) f I. MO -)it . '' :r 1 illif. n NI U) .1 40','' C ...., - -i , - 0 1 ,- '• 4. ,..'• to (s...) Iv 1 0 / " II ` J � �Qf a 1:F1 . , ' 'Iy 6 ��,. it -- ' - k. .� Tier 1 and Tier 2F1 t s As initial In progress and higher referendum debt is Second phases of priority due to location retired, bonding Tier 1 projects or in areas at high-risk authority can be currently less defined forused to address street and Tier 2 projects structural flooding Tier 1 Flood Control Projects Windsor Woods, Princess Anne Plaza & The Lakes Estimated Total Additional Funding Project Cost Needed to Complete Princess Anne Plaza Golf Course Conversion $83,600,000 $41 ,285,750 Princess Anne Plaza North London Bridge Creek Pump Station $68,900,000 $16,023,700 The Lakes - Flood Barriers $3,600,000 $3,600,000 The Lakes - Holland Road Gate $8,507,000 $4,548,000 Windsor Woods Flood Barriers $14,000,000 $14,000,000 Windsor Woods Pump Station $40,250,000 $8,105,050 Windsor Woods - Thalia Creek/Lake Trashmore Improvements $5,200,000 $5,200,000 Total $224,057,000 $92,762,500 Tier 1 Flood Control Projects Central Beach District Estimated Total Additional Funding Project Cost Needed to Complete Central Beach District - 24th Street Culvert $5,200,000 $5,100,000 Central Beach District Drainage Improvements $92,800,000 $92,000,000 Total $98,000,000 $97,100,000 Eastern Shore Drive Phase I Estimated Total Additional Funding Project Cost Needed to Complete Eastern Shore Drive - Elevate Lynnhaven Drive $3,600,000 $3,600,000 Eastern Shore Drive - Phase I, Section 1 F Improvements $1 ,560,000 $1 ,560,000 Eastern Shore Drive - Phase I, Section 1G Improvements $940,000 $940,000 Eastern Shore Drive - Poinciana Pump Station $8,200,000 $8,200,000 Total $14,300,000 $14,300,000 8 Tier 1 Flood Control Projects Newly Identified Projects — Lake Bradford/Chubb Lake Area Estimated Total Additional Funding Project Cost Needed to Complete Chubb Lake / Lake Bradford Outfall $78,200,000 $78,200,000 Church Point / Thoroughgood BMP and Conveyance Improvements $35,900,000 $35,900,000 Total $1 14,100,000 $114,100,uu0 Newly Identified Projects from Linkhorn Bay Master Plan Estimated Total Additional Funding Project Cost Needed to Complete First Colonial Road & Oceana Boulevard Drainage Improvements $2,325,000 $2,325,000 Seatack Neighborhood Drainage Improvements $2,400,000 $2,400,000 Total $4,725,000 $4,725,000 9 Tier 1 Flood Control Projects Southern Watershed Estimated Total Additional Funding Project Cost Needed to Complete West Neck Creek Bridge City-Wide SLR Strategy $69,000,000 $69,000,000 Stormwater Green Infrastructure $40,000,000 $39,175,000 Pungo Ferry Road Improvements $16,120,000 $16,120,000 Sandbridge/New Bridge Intersection Improvements $7,990,000 $7,990,000 Total $133,110,000 $132,285,000 Total Bond Referendum Tier 1 Flood Control Projects $588,292,000 $455,272,500 10 Summary Tier 1 Project Benefits • Windsor Woods, Princess Anne Plaza & The Lakes ✓ 7.6 miles Street flooding reduced for the 10-year design storm ✓ 853 Structures protected from flooding for the 100-year storm event • Central Beach District ✓ Protect one of the City's largest economic drivers - Tourism ✓ Taxable parcels in the resort area represent 7.6% of the total Citywide assessment base • Eastern Shore Drive Phase Lynnhaven Colony Park Pump Station, Lynnhaven Drive Pump Station, Elevate Lynnhaven Drive, Section 1 F Improvements, Section 1 G Improvements ✓ 551 homes, 62 businesses and 1 public property protected from flooding for the 100-year coastal storm - Poinciana Pump Station ✓ 141 homes and 1,800 linear feet of street protected from flooding for the 10-year coastal storm up to 4.5-ft 11 Summary Tier 1 Project Benefits (continued) • Lake Bradford/Chubb Lake Area ✓ Vital corridors remain accessible for evacuation during large storm events ✓ 47 Structures protected from flooding for the100-year storm event ✓ 2 miles of street flooding reduced for the 10-year storm event Linkhorn Bay Master Plan Projects - First Colonial Road & Oceana Boulevard Drainage Improvements ✓ Reduces flooding for the 100-year storm event along First Colonial Rd/Oceana Blvd to maintain access to NAS Oceana Seatack Neighborhood Drainage Improvements • Eliminates Structural flooding for the 100-year storm event 12 Summary Tier 1 Project Benefits (continued) ■ Southern Watershed - West Neck Creek Bridge City-Wide SLR Strategy ✓ Block floodwater from North Landing River and West Neck Creek to protect properties north of West Neck Road Stormwater Green Infrastructure - Marsh Restoration Project in Back Bay ✓ Dissipate waves and delay onset of flooding in Back Bay - Pungo Ferry Road Improvements ✓ 2 miles of street flooding reduced for the 100-year storm event - Sandbridge/New Bridge Intersection Improvements ✓ Remove roadway from the 100-year floodplain 13 LA •-•. , , sr- ..r.:. ' .:•-•. :i 1,AT 1,1-03 v . ,, ...: 11, - - ... - - f • a __.i , $ - - ,.- ' „, ;tic.t.,17 r �. ° fiir ,! f .ii, r. ," 4 .` '1g.', "`£' "jar. , r` • _ - :' &tS &-- is-t , , t k . t • „r. • It " .,. tiWem�s=- p��i• . 1 -* -CC) E 1 ...,..." ,..Ilw .-4,,,.... ' "*""1 . s i y C CD > .. t '1, 11, • .� • ,• ,.�w ' t'tAi . ' . ‘‘)IiiA5-j! A4 - • loi!. . 4) ap . a, _ .c. . .i -Ci 47 an. ‘ , 0, ti , _CD tz• s I >1 t • f1f} t4 rl t �� - ;Co •340,14. '1 1 . t.�'� ' ao t 1 1 ii O ;� r11111 " , x; 0 > c 0- > s CO oo � CCI� � oc? O La 's O c c = a Vim , :: >► avi O - I > = w CI)ca °' to 1,... = c CTS Q = = III0 W -I J Church Point 100-year storm After Improvements Thoroughgood , : . O � B M P and r,-�• Jr 1 r � • Conveyance O 1 �� , �� - . . .: fs"" z Bradford 1 Pond '' =:4, ,,..„ Improvements � � • , . i . , •�; ,1 ` .,„.4,., . •0 .f.•, , FIRST COURT RD 'F - � 'AAA* ,* #.''! * r� '1r .4- ,.+'"` .: ., -,— 'afi„ .. • 0 _ w ny !u : ,,-, %- . :1 . - 4.igt.k-,.... ir44-..it -- 4 . .1,.,..'1. • iehe, . ,. •1 ,�.. w . 4 t, + ,"" q .. , a Ate:, Rood Depth *,++ - -. .,.; it5r,; .e.i• IL4 '0.5•1 o^ ri 1 1.0.15. c' 1.5-20't IMF20' 15 Seatack 100-year storm After Improvements Neighborhoor Drainage Improvement ,04 ..... . \ • .,„, f f • . . ilr I Flood Depth <e.on _0.0-0.en _0.e•tort L___I 1.0.l e n _le-2.on Gnnae �r..i rr ->2.0ft r" "o, Swots:ENi.NERE,lam r,USG`_'.ntenrea.NCREMCNT r.NNCMt Call Jipar.MET.Earl Crl•e i0u rg Nuig:Is'CO.*.Esri,TiallsndJ.NGCC.V 00.05 ieet6 .:-rrga I ,mA Mr G S.u:r..nnm.l ll' Marsh Restoration Project in Bac - fl ." - `� "'max �4''_'100- r ®� may., ....„4„,„,...... ... e .„,......---.4 4.0) w , 000/ r. ) 1 I Ir..,t, .1„..ohic_. 4. # iitlift, _ a` 4 AL • 17 Tier 2 Flood Control Projects Estimated Total Major Flood Control Projects - Subsequent Phases Project Costs/Funding Needed Eastern Shore Drive Drainage — Phase II $20,000,000 Princess Anne Plaza Little League Ballfields Relocation $3,800,000 Princess Anne Plaza Northgate Ballfields Conversion $6,200,000 Princess Anne Plaza Drainage Improvements Phase II — Storm Drainpipe Projects $35,400,000 The Lakes Drainage Improvements Phase II — Storm Drainpipe Projects $5,700,000 Windsor Woods Drainage Improvements Phase II — Storm Drainpipe Projects $58,860,000 Total $129,960,000 18 Tier 2 Flood Control Projects Lake Bradford/Chubb Lake Area - Additional Projects Estimated Total Additional Funding Project Cost Needed to Complete Bradford Pond Outfall $35,100,000 $35,100,000 Hollis Rd and Shore Drive Drainage Improvements $26,300,000 $26,300,000 Lake Bradford/Chubb Lake $32,000,000 $21 ,159,000 Northampton Blvd Drainage Improvements $10,200,000 $10,200,000 Total $103,600,000 $92,759,000 LinkhornEstimated Total Additional Funding Bay - Additional Projects Project Cost Needed to Complete Eastern Beechwood Gardens Drainage Improvements $10,630,000 $10,630,000 Western Oceana Gardens Drainage Improvements $14,520,000 $14,520,000 Total $25,150,000 $25,150,000 19 Tier 2 Flood Control Projects Unidentified Projects Resulting from Watershed Analyses Estimated Total Additional Funding (ESTIMATED COSTS) Project Cost Needed to Complete Atlantic Ocean Watershed Stormwater Projects $7,255,000 $6,755,000 Elizabeth River Watershed Stormwater Projects $12,800,000 $11 ,435,000 Little Creek Watershed Stormwater Projects $8,600,000 $7,600,000 Lynnhaven River Watershed Stormwater Projects $29,800,000 $28,020,000 Southern Rivers Watershed Stormwater Projects $15,900,000 $8,700,000 Total $74,355,000 $62,510,000 Total Tier 2 Flood Control Projects $333,065,000 $310,379,000 20 Flood Control Staffing Requirements Additional resources needed : • 6 Engineers • 4 Construction Inspectors • 2 Right of Way Agents • 4 Contracts Specialists/Administrative Technicians FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 $1 .50M $1 .40M $1 .43M $1 .49M $1 .52M 21 Operations and Maintenance Existing Iofrastructure Maintenance Costs Additional Current Current Desired Fundingil Program Funding/ Cycle Cycle Required for 95 yr 50 yr 20yr 15yr 10yr 8yr 5 Primary System * - - - - - 1 $10.5 - Infrastructure Improvements $2.27M 12 yr. 8 yr. $3.4M $1.OM $2.6M M Canal Program $500K 95 yr. 25 yr. $1.5M 1 $500K $1.5M - $2.8M - $4.8M - - - BMP Maintenance $1.0M 25 yr. 20 yr. $200K - - v $200K - - - - - - Enhanced Neighborhood ✓ - - $17.2 $30.7 Rehabilitation $1.2M >90 yr. 15 yr. $8.5M $400K $4.0 M $8.5M - $10.9 M M M Oceanfront Facilities Maintenance $1.65M 5 yr. 2 yr. $350K - - - - - - - - ✓ $350K Stormwater Pump Stations $1.25M 15 yr. 15 yr. - - - - - / - - - - - Lake Management $4.95M 95 yr. 50 yr. *$3.9M ✓ $2.3M - - - - - - - - SW Infrastructure $5.75M „ N/A *$750K - - - - - - - - - - Rehabilitation *Accounts for FY 22—FY 27 Maintenance Funding Reductions CIP Total $18.57M Funding Need *$18.6M Due to ERU Reduction Accelerated Existing Maintenance Cos°tom Current Desired Additional Funding Service Associated Maintenance Maintenance Required Pe FYTo with Additional Achieve Accelerated Cycle Cycle Maintenance Cycle Funding Clearing Ditches and Other Primary System 12 Yr. 8 Yr. $3,400,000 11 miles/Yr. Improvements Canal Program 95 Yr. 25 Yr. $1,500,000 1.5 miles/Yr. BMP Maintenance 25 Yr. 20 Yr. $200,000 20 facilities/Yr. SW Infrastructure Rehab 60 Yr. 15 Yr. $750,000 Enhanced Neighborhood 16 60 Yr. 15 Yr. $8,500,000 Rehabilitation neighborhoods/Yr. Oceanfront Facilities 5 Yr. 2 Yr. $350,000 140 repairs/Yr. Maintenance Lake Management 95 Yr. 50 Yr. $3,900,000 8 lakes/Yr. Tota I $18,600,000 Maintenance Costs - New Infrastruturt $9 . 35MIYR - Ashville Park - North London Bridge - Central Resort - Sherwood Lakes - Culvert Improvements - Windsor Woods Pump Windsor Woods Station & Tide Gate - Ashville Park - College Park/Level Green - Cape Story Tide Gates - North London Bridge - The Lakes - Lynnhaven Colony - Sherwood Lakes - Poinciana - Windsor Woods Pump14 _ Windsor Woods Station and Tide Gate Cape Story Tide Gate` - College Park/Level Green - Lynnhaven Colony - The Lakes - Eastern Shore Dr. Drainage Funding Scenarios and Debt Implications Currently Approved Plan 3.5¢ annual Stormwater Equivalent Residential Unit (ERU ) fee increase through FY 2026 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 49.3¢ 52.8¢ 56.3¢ 59.8¢ 63.3¢ 66.8¢ 2.5¢ of Real Estate tax dedicated to Stormwater Operations in General Fund Funds $410.4 million Capital Improvement Plan (FY 2022 -27) 2 Debt Metrics Metric Policy Annual Debt Service to General No greater than 10% Government Expenditures Net Debt to Estimated Full Value of No greater than 3.5°/0 Taxable Property Net Debt Per Capita No greater than $3,000 Net Debt Per Capita to Per Capita No greater than 6.5% Personal Income 28 Debt Metric Options and Impacts 'rips metric: Interest Rate Real Interest Rate Real Estate ratio of debt Year Estate Tax Amount 10-Year Tax service to 1 .7% 3.2 0.6% 5.1 gen govt expenditures 2.5% 3.5 $455M 2.0% 5.5 (10%) 3.5% 3.9 3.0% 5.8 Range is ° 0.6% 4.0 Range is 1 .8 - 3.9 1 .7 /0 2.5 2.9 - 5.8 (diff: $55.23 2.5% 2.7 $355M 2.0% 4.3 (diff: $76.27 from lowest 3.5% 3.0 3.0% 4.6from lowest to highest) to highest) 1 .7% 1 .8 0.6% 2.9 2.5% 2.0 $255M 2.0% 3.1 3.5% 2.2 3.0% 3.3 29 Real Estate Tax Dedication 20 Year Bonds 1 0 Year Bonds Debt Debt + Debt Debt S Debe + Debt Service Service Existing Service + Service Existing Service + +Staffing O&M All O&M +Staffing O&M All O&M $455.3M Referendum Debt Service 3.9¢ 3.9¢ 3.9¢ 6.0¢ 6.0¢ 6.0¢ Additional Resources to Support Program 0.2¢ 0.2¢ 0.2¢ 0.2¢ 0.2¢ 0.2¢ $18.6M O&M - Existing Infrastructure 2.6¢ 2.6¢ 2.6¢ 2.6¢ $9.35M O&M - New Infrastructure 1 .3¢ 1 .3¢ Total Real Estate Dedication Needed 4.1¢ 6.7¢ 8.0¢ 6.2¢ 8.8¢ 10.1¢ Note: This is in addition to existing 2.5¢ Stormwater Real Estate dedication as well as the 3.5¢ yearly ERU increase, approved by City Council, through FY 2026. Assumed interest rate of 3.5%. 30 Impact on Debt Metrics FY FY FY FY FY FY FY FY 2023 2024 2025 2026 2027 2028 2029 2030 Net Debt to Estimated Full 1 .9% 1 .9% 1 .9% 1 .8% 1 .7% 1 .6% 1 .5% 1 .4% Value of Taxable Property Net Debt Per Capita $2757 $2810 $2813 $2811 $2717 $2628 $2542 $2458 Net Debt Per Capita to Per 4.4% 4.4% 4.3% 4.2% 4.0% 3.8% 3.6% 3.4% Capita Personal Income 20 Year Term Annual Debt Service 8.9% 8.9% 9.0% 8.9% 9.1 % 9.2% 9.1 % 8.9% to General Govt Expenditures 10 Year Term Annual Debt Service 9.1% 9.3% 9.5% 9.5% 9.8% 10.1 % 9.9% 9.7% to General Govt Expenditures Baseline Assumptions • Currently Adopted CIP Program • Referendum related Bond Issuances every year for six years • 3.5% interest rate • 4.1 ¢ or 6.2¢ Real Estate Tax increase 31 Sensitivity FY FY FY FY FY FY FY FY 2023 2024 2025 2026 2027 2028 2029 2030 Baseline 20 Yr Term 8.9% 8.9% 9.0% 8.9% 9.1 % 9.2% 9.1 % 8.9% FY 25 Additional $50M 8.9% 8.9% 9.2% 9.1 % 9.3% 9.4% 9.3% 9.1 % FY 25 Additional $100M 8.9% 8.9% 9.4% 9.3% 9.5% 9.6% 9.4% 9.3% Baseline 10 Yr Term 9.1 % 9.3% 9.5% 9.5% 9.8% 10.1 % 9.9% 9.7% FY 25 Additional $50M 9.1 % 9.3% 9.8% 9.8% 10.1 % 10.4% 10.2% 10.0% FY 25 Additional $100M 9.1 % 9.3% 10.1 % 10.1 % 10.4% 10.7% 10.5% 10.3% Annual Financial Impact on Taypayers 1 .00 = 2.00 = s 52.60 3.0¢ = $ 78.90° _ A penny of the real estate tax = a.o¢ _ $10 $26.30 annually 6.0¢ _ $1'= - based on median home 7.0¢ = $184.10 assessment of $267, 600 Pligtr= $236.70 191W$263.00 Referendum Logistics Council can request a referendum by simple majority (6 votes) Need wording of referendum question finalized • November 2021 Referendum must be filed with Circuit Court by August 13, 2021 • City prohibited from promoting passage of bonds; information and educational material only • General Obligation (GO) Bonds require 8 votes for authorization after a referendum passes Follow up ordinances (e.g., appropriation and revenue) will be necessary to implement the program Educational Materials Options Depending on Funding riAB41'''''.1/417.? Stormwater Citizen surve to au e information needs Y gauge =g4• - .�F- REFERENDUM 171 Informational briefings (virtual, in person) SP Website M Video(s) 'g p ' �c0,� >. s� yew Fs Maps, illustrations ash.; • al Slide deck ,•..�.),,, 4 .7.065 7.066).0..7 GO B1 Handouts ,..... ,;, :,_ ' : 'ti .�-w4.ron.).o). .).aos.)-me • 42i n0n,7 009 12 Mailings FLOOD CONTROL .zon PROJECTS BY DISTRICT .. - City Page onowa1iw - 4 Social posts � ,: . L 35 Closing Thoughts Some benefits to sea level rise; does not address major adaptation strategies Retired debt is included in Charter bond calculation; could be reserved/utilized for future Tier 2 projects and/or sea level rise Consideration of debt metrics and bond issuances Councilursue iscussionNovember anGuidance ■ Whether to p referendum in • Projects to be included Financing choices and considerations: Assumed amount of referendum Assumed term of bonds Assumed issuances Assumed interest rate Real estate tax dedication amount Next round of federal COVID-19 stimulus Debt metric thresholds Threats to a referendum's success ��4GtNIA•BF,��,I$' r ow 5 4 1� ,:• Stormwater yR�s :._. 0�6 OF OUR NASIO45 City Council Retreat Bond March 8, 2021 Referendum 5 ITEM#71371 11:00 A.M City Manager Duhaney turned the meeting over to Janet Lee, Public Resource Advisory Group, to begin her presentation of Stormwater Bonds Referendum Discussion, attached hereto and made a part of the record. City of Virginia Beach Stormwater Bonds Referendum Discussion City Council Retreat March 8, 2021 Public Resources Advisory Group March 8, 2021 Agenda Discussion Topics • General Rating Agency Criteria • Rating Agency Assessment of Debt and Other Liabilities • Rating Agency Commentary on Virginia Beach and Sea Level Rise • Virginia Beach Debt Management Policies • Virginia Beach Debt Planning • Spend Down Rules and Arbitrage Rating Agencies Assess Four Broad Factors Economy Finances and Tax Base Management Debt and Other Liabilities Virginia Beach G.O. Ratings Moody's: Aaa S&P: AAA Fitch: AAA 3 Virginia Beach's Credit Strengths and Challenges Factors That Could Lead to Credit Strengths Credit Challenges Downgrade Moody's • Sizeable,growing&diverse tax • Above-average exposure to cuts in • Deterioration of fund balance or June 2, base benefiting from stabilizing federal defense spending liquidity resulting in reduced 2020 institutional presence • Elevated exposure to the impacts of financial flexibility • Comprehensive financial policies sea level rise and recurring • Significant contraction in tax base and conservative budgeting flooding and weakened resident income practices levels • Manageable overall fixed cost • Material increase in debt burden burden S&P • Very strong economy • Ongoing challenges related to • Significant draw on reserves due to May 27, • Very strong management,with rising sea levels,flooding,and pressure from the current 2020 strong financial policies and other risks present in coastal recession or increased capital practices communities projects,decreasing below formal • Very strong budgetary flexibility • Economy and budgetary policies, with no clear and timely • Very strong liquidity performance is vulnerable to the plan to restore reserves • Strong debt and contingent liability effects of social distancing and profile other decisions made to protect the • Very strong institutional health and safety of the community framework score from the spread of COVID-19 Fitch • Management's demonstrated • Moderate increase in debt service • A sustained increase in the city's June 2, ability to control expenditures and from 6-year CIP long-term liability burden to well 2020 achieve balanced results from • Substantial cost of sea level rise in excess of 10%of personal operations program income levels • History of sound financial • A sustained decline in unrestricted management,high reserves and a general fund reserve balance to superior level of inherent budget levels that result in weaker gap- flexibility in the form of unlimited closing capacity with an 4 taxing authority and solid expectation for slow recovery expenditure flexibility Moody's: "Virginia Beach's Debt Burden is Manageable" Rating Agencies Use Their Own Debt and Liability Metrics ■ For Moody's, debt and pensions comprise 20% of a municipality's overall rating score. The table below summarizes the debt factors used by Moody's. Rating Factor / Weight Aaa Aa A Baa Net Direct Debt/ < 0.75% 0.75% - 1.75% 1.75% - 4% 4% - 10% Full Value (5%) Net Direct Debt/ < 0.33x 0.33x - 0.67x 0.67x - 3x 3x - 5x Operating Revenues (5%) 3-Year Avg of Moody's Net Pension < 0.9% 0.9% - 2.1% 2.1% - 4.8% 4.8% - 12%) Liability/ Full Value (5%) 3-Year Avg of Moody's Net Pension < 0.4x 0.4x - 0.8x 0.8x - 3.6x 3.6x - 6x Liability/ Operating Revenues (5%) ■ Moody's also looks at other factors and may make adjustments (up or down) to its debt/liability scoring. These other factors include: ➢ Very high or low debt service relative to budget ➢ Very high or low overall debt burden (including overlapping debt) ➢ Heavy capital needs implying future debt increases ➢ Rapidity of debt repayment within 10 years ➢ High OPEB liability S&P: "Virginia Beach's Debt and Contingent Liability Profile is Strong." Rating Agencies Use Their Own Debt and Liability Metrics ■ For S&P, debt and liabilities carry a 10%weight in determining a municipality's overall rating score. ■ In assessing a municipality's debt and contingent liability S&P looks at the combination of two measures: > Debt service as a percentage of total governmental funds expenditures, and ➢ Net direct debt as a percentage of total governmental funds revenue. > The two ratios are combined to determine an initial score for the debt and contingent liabilities: Net Direct Debt As % of Total Governmental Funds Revenue Total Governmental Funds Debt Service as % of Total Governmental Funds Expenditures 1 2 3 4 5 2 3 4 4 5 3 4 5 5 5 4 4 5 5 5 4 5 5 5 5 I =very strong,2=strong,3=adequate,4=weak,5=very weak S&P also looks at other factors that may have a positive or negative impact on the initial score: Positive Impact(Improve score by 1 point each) Negative Impact(Worsen score by 1 or 2 points each) • Overall net debt as a percentage of market value below • Significant medium-term debt plans produce a higher initial 3% score when included • Overall rapid annual debt amortization with more than • Overall net debt as a percentage of market value exceeding 65%coming due in 10 years 10% • Unfunded pension or OPEB obligations that represent 6 significant budget pressure Fitch: "Expects the City's Liability Burden to Remain Fairly Stable" Rating Agencies Use Their Own Debt and Liability Metrics • Fitch does not assign a specific weights to the key rating drivers but does outline general expectations for a given rating category and assesses the following ratios: LONG-TERM LIABILITY BURDEN: Overall Local Government Debt+ Fitch's Adjusted Direct Unfunded Pension Liability Personal Income Elevated but Still in • I,i �hility Ilurden Low Moderate Moderate Range High Ratio Level Liabilities Less than Liabilities Less than Liabilities Less than Liabilities Less 10%of Personal 20%of Personal 40%of Personal than 60%of Income Income Income Personal Income CARRYING COST: Governmental Debt Service + Pension ADC + OPEB Actual Payment Governmental Expenditures Elevated but Still in Carrying Cost Low Moderate Moderate Range High Ratio Level Fixed Costs Less than Fixed Costs Less than Fixed Costs Less Fixed Costs Less 10%of Expenditures 20%of Expenditures than 25% of than 30% of 7 Expenditures Expenditures Rating Agency Commentary on Sea Level Rise Moody's, "Sea Level Rise Increases Credit Risk for Coastal States and Local Governments" (Sept. 2020) \` • Sea level rise is leading to more frequent coastal flooding, signaling a need for state and local governments to increase funding to manage risks. Sea level rise adaptation efforts are credit positive. • The financial capacity to take on debt, willingness and ability to raise taxes, and implementation of smart growth strategies will be critical to protecting vulnerable local economies and property values. • The states,counties and cities best positioned to leverage their resources for adaptation to more frequent flooding have sizable and diverse tax bases,moderate leverage,policies that encourage smart growth and a willingness to coordinate with other local and state governments on large-scale projects and regional policies. • How governments manage competing spending priorities and maintain reasonable debt levels amid growing exposure to the effects of sea level rise will be critical to credit quality. Moody's: "Cities' Heightened Focus on Mitigating Climate Risk is Credit Positive" (Jan.2019) • Effective climate risk preparation is a credit positive that sheds light on how a city manages infrastructure vulnerabilities, current and future capital costs, mitigation of potential economic impacts and the risk of population loss resulting from climate change. • Virginia Beach has a history of strong financial management and adherence to policies to maintain satisfactory reserves,liquidity and debt levels despite significant capital plans to mitigate environmental risk primarily associated with flooding. S&P:"Climate Resilience Can Protect Ratings From Sea-Level Rise&Threats To Coastal Infrastructure" (Oct.2015) • Planning is Key. Fighting that threat will not be easy all the time, nor cheap. But preparing for it has already started, and that's all to the good, in our view,because those who are structuring their operations and capital planning without climate change in mind are risking serious losses in the decades ahead. • To mitigate losses,local and state authorities need to determine what the necessary infrastructure is, investigate how to pay for it, and establish contingency plans for "worst-case"scenarios, all while adequate time to do so remains. Entities taking steps now to protect 8 credit quality long-term will not necessarily incur damage to current credit ratings. Rating Agency Commentary on Sea Level Rise Moody's Credit Opinion (June 2, 2020) • City management takes a proactive approach to managing environmental risks including undergoing a comprehensive sea level rise study evaluating four major watersheds. • The city's CIP includes stormwater infrastructure projects to address flooding issues in areas of the city experiencing recurrent flooding. • Additionally, new funding sources have been secured or identified to help combat recurring flooding including 2.5 cents on the Real Estate tax rate and 54%increase in the stormwater fees through fiscal 2025. S&P Credit Opinion (May 27, 2020) • Virginia Beach recognizes ongoing challenges related to rising sea levels,flooding, and other risks present in coastal communities, and it dedicates a growing portion of its additional capital plans to address these issues. • We will continue to monitor the rating,because we believe management will likely maintain its very strong budgetary flexibility and liquidity. • Environmental risks are somewhat elevated for the city due to its exposure to rising sea levels. Virginia Beach proactively manages these risks and includes ongoing remediation efforts as part of its rolling capital projects. • We view Virginia Beach's governance risks as being in line with the sector and it has historically maintained a strong management and policy framework to respond to developing risks. Fitch Credit Opinion (June 2, 2020) • The city is engaged in a comprehensive study on the impacts of sea level rise(SLR). As such, it has dedicated roughly $403 million in the current CIP for improving flood control and protection via various stormwater improvements, dredging and beach restoration. The CIP includes assumptions of$294 million in stormwater revenue bonds to support these initiatives. • Although the cost of the SLR program may be substantial, it will likely be financed and developed over an extensive period of time, allowing the city the ability to balance this investment against other general governmental needs and its available s economic resources. Virginia Beach Debt Management Policy Debt Management Policy • Rating agencies use their own debt and liability metrics,which incorporate pension and OPEB liabilities, in their assessment. • The rating agencies positively view the City's formal debt policies and see the policies as a management tool used to keep debt at prudent levels. • If the City breaches its debt policies, discuss with rating agencies: ➢ Cause of the breach(financing of an essential project or projects); ➢ Ratios are not materially greater than the debt policy; > Breach is temporary and not sustained at significantly higher levels with a plan to return to compliance. > Rating agencies likely would not take any rating action based on the breach alone. • The City can evaluate adjusting its debt policies: > Certain debt ratios carry more weight(Debt Service to General Government Expenditures) and increasing the debt limit could raise concerns from rating analysts. ➢ Other ratios are less critical(Debt per Capita)and a reasonable increase to the debt limit would not raise any concerns. • The City will need to assess its projected debt ratio levels to preserve flexibility and debt capacity to be able to manage future unknowns. • The City will also need to balance this investment with economic development projects and other general governmental needs. ➢ Use its debt policies to help prioritize competing projects. ➢ Calculate debt ratios under various combination of projects and interest rate sensitivities. to Virginia Beach Debt Planning Debt Structuring • For planning purposes, understand the impact of additional debt on the City's debt ratios. • Issuance schedule of$455.3 million Stormwater Bonds > Consider arbitrage spend down requirements • Term of debt: 10 year vs. 20 year > Term of the debt typically is not a rating agency issue. •:• Except in the calculation of Rapidity of Repayment, which can improve an issuer's debt score. ❖ Virginia Beach's rapidity of repayment in 10 years is over 70%; there is no need to accelerate further. ➢ There is no market preference for 10-year or 20-year debt,both are acceptable with 20-year debt more typical. ❖ Lower cost of funds with 10-year debt vs. 20-year debt. ❖ In current market with relatively lower interest rates, can lock in lower cost of funds. > Annual debt service will be greater on 10-year debt,but total debt service over the life of the bonds will be less,when compared to 20-year debt. ❖ Greater annual debt service with 10-year debt will result in higher Debt Service to Expenditures ratio. •:• Greater annual debt service with 10-year debt will require greater real estate tax dedication. •:• Assess debt affordability from City's perspective and taxpayer rate perspective. Compare to tax rates in surrounding jurisdictions. • Implications of Rating Downgrade from AAA vs. AA+ ➢ Loss of prestige of triple-triple-A ratings. > Increased interest cost. > Average interest rate and debt service for $455.3 million Stormwater Referendum bonds at current market rates: Aaa AAA AAARatin:s Aa1 AA+ AA+Ratin:s Difference Average Annual Debt Total Debt Average Annual Debt Total Debt Average Annual Debt Total Debt Rate Service Service Rate Service Service Rate Service Service 0.95% 31,948,383 479,225,750 1.09% 32,186,617 482,799,250 0.14% 238,233 3,573,500 11 2.07% 22 407 138 560 178 450 2.21% 22 704 304 567 607 600 0.14% 297 166 7 429 150 Spend Down Rules for Tax-Exempt Bond Proceeds Three-Year Temporary Period • IRS regulations generally require that an issuer restrict its investment of tax-exempt bond proceeds to a yield that is not materially higher than the yield on the bonds. • Three-year temporary period allowed for proceeds of tax-exempt bonds during which investment yield is not restricted: 6 Months 3 Years 5 Years Reasonably expect to spend Reasonably expect to spend Reasonably expect to spend 5% of Bond Proceeds 85% of Bond Proceeds 100% of Bond Proceeds • Five-year temporary period could apply for certain capital projects. • If issuer does not meet the spend down requirements, the issuer must more actively monitor and manage its investment yields and may need to rebate any earnings above the yield on the bonds. Rebate Exceptions • An issuer does not need to rebate investment earnings that are in excess of what would have been earned if the issuer had invested proceeds at the bond yield, if it can meet one of the following spending exceptions: Spending Exception 6 Months 12 Months 18 Months 24 Months 6-Month I All Gross Proceeds 100% 18-Month I All New Money 15% 60% 100% 24-Month Construction Issues 10% 45% 750A) 100% 12 Questions 6 ITEM#71372 11:25 A.M Ms. Leisha Pica, Jacobs Engineering, began her presentation for Stormwater Program Assessment Update, attached hereto, and made a part of the record. City Council took a brief break 11:45 A.M. —12:02 P.M Jacobs Chiallengnventing ing today. Re tomorrow. City Council Retreat Stormwater Program - 41 Assessment Update Leisha Pica, Jacobs Engineering 9 9 Sharma Young, S. Young Consulting March 8, 2021 7 Our Preliminary Findings ■ Staff Open to Change ■ Master Planning Efforts Provide Excellent Understanding ■ Project Durations Often Dependent on Budget Targets ■ Property Acquisition Causes Project Delays ■ Non-Standardized Tools and Systems Impact Project Management and Reporting ■ Staffing Levels and Vacancies Impact Internal Resource Capacity ■ Opportunities Exist for Optimizing Implementation & Funding Approaches ■ Enhanced Internal & External Reporting Will Be Essential Going Forward 2 Our Recommendations Program Manager Regulatory O&M Cycles StrategyAAP" owe Private y Utilities & Real Estate 3rd Parties Procurement Master Strategies Schedule 3 Added Value of an External Program Manager Oversight & Facilitation Project Controls Functions Organizational • • • Tools and Performance Support , Metrics I' Risk Management In erg.• & ..:„,_.-r. . 'e'ortii .• Monitor, Manage, Progress, Issues, Mitigate /j Next Steps B.,. Oversight & Facilitation in Conjunction • Monthly Project with Program Governance Updates are the foundation Coordination Monthly Meeting with •. MonthlyPM • Operations staff CIP Mgmt • Supervisors and .,_ • . �.M _ _ . . a,: Managers Discuss Portfolio Monthly Review Meeting Meeting Variance ••••• Variance Monthly 0' Meeting • Major Variances must be "approved" Programmatic Infr Planning & by asset owners and sometimes Initiatives •••• Regulatory Compliance executive leadership Workgroups Mtgs Team Mtgs Enterprise Program Manager (EPM) • Periodic Meetings between work groups keep process Project Management Information System (PMIS) improvement initiatives moving 5 Project Controls & Program Performance Metrics 'tome Dashboard Performance- Nip Milestones Kf'I Risks Issues SharePotnt- Data- Admm- tro xroo Q 9 Program Performance 4J Performance Over Time Program Costs 0 Percent Complete tJ •30 0 sew E 5som a Hpr Total Budget Planned t>_ EAC $ CPI nSPI so Earned IIIIIIIMI 05 099' os1 *, .b SO �— - - $87.6M Budge $86.4M 7485- `q Forest t c� MINIIIIIIIIIIMM •Baseirne■Earned•Actual■Can't Csnamme Cm'A•I•nriarl sinus Mnenceoc* Commons Cove-Is eases Veluar hommenndnq for most 4cfron.s Project Phase .' fJ Key Performance Indicators (C Protect Cost Summary ,' f) 34 e Lost Time Injury Frequency Rate Change Orders Over Time 25 A • To o t5 ` r T. 10 1C a II of Projects 28.4 33 5 n 01 utanning ■ ,,2 Desagn • 03•t-oecutton Over Budget On Budget !Jotter Budget •04-Testing S C ernes ssroning■05-Close-out Out of:'Pelects t 0 Major Projects ci 0• Project Schedule Summary .' 0 Name Cost Schedule Budget Planning Starts Submittals On Time 25 ENV 002-01 Efeadornd:s Imprnvemenl •• •• $'SM • ED-001.04 Sdrool for Special Needs • • 43 5M PeNeratke r'ertx r,lor" 20 ED 002 03 Betr-Lbrary Parking Eut • • 52 0t.t I 15 0K ENV -01 Stonaast a Tanklant ntor U •• •• 53 5M 'a t0 ENVC^1-0F. Storage Tangy. •• •• 53 5!d 37 ED 002 05 Security System Upgrades • • 5500K ' III I I I I I I I ' , _ 81% IN, 6 II Program Risk Analysis MEDIUM Work on Private Inadequate 0.1 S k Property Required Staffing Levels 3 z 0 0 07 Scope Creep & Project Add Ons L • • •• Identify, Rank & Prioritize Risks J • V Environmental. m 2 & Property Owne ✓ Safety a • Lawsuits V Fiscal. • • mill V Legal • Warranties— ✓ Management ( Inadequate • Requirements in V Technical • Contracts ski CONSEQUENCE Monitor, Manage, Low Medium High Mitigate Risk Program Reporting • PM Reports to Project Controls Monthly Executive Report Reporting supports Capital Program and Financial Update • Monthly July 31, 2020 project and program Variance Report decisions to Managers and Supervisors 0 What project level information sh during monthly meeting? 6 • Monthly of Discussion of P ro g ra m Red Health Projects eparate discuss on fait a Projects in nee Management for Decisions Needed 02 interrupted,BCnisd Executives awaiting Expre• Safe,clean waterways Design Starts 03 Projects startin. 0^ Projects starting cons ruc ion WI in •I Annual Construction Starts `+ days • Project Controls List of outstanding needs Reconciliation Outstanding Actions 05 (Closeout letters,Action Items,etc) 4,msd Report 8 gr Manageamr Stormwater Pro Program Leadership Delivery Team Team Organizational Roles with a Program Program Governance Team Manager Storm Water CIP 9 Organizational Roles - Program Governance Team Program last Manager o Stormwater Program •1 P• Leadership Delivery Team Team Cross Functional Core Team L' Prioritization of Projects Program Governance Major Project/Program Change Team Approval Storm Water Establish Risk Tolerance and CIP Select High-Level Mitigation City Manager Support Strategies Coordination Among Depts Leadership Concurrence Set Performance Metrics 10 Organizational Roles - Stormwater Leadership Team Program n. Manager Stormwater Program Leadership Delivery Team Team Public Works 5 411 iv_ j Hiring, Developing, Program m Managing Internal Staff Governance Team Ensuring Adherence to isuf Storm Process Changes Water Implementation Planning CIP Phasing Strategies Recommend Funding Asset Management Opportunities Resilience Needs (climate) Apply Lessons Learned Manage Ongoing Planning Preliminary Project Risk Analyses 11 Organizational Roles - Program Manager Program Manager Stormwater Program Leadership Delivery Team Team Transition to City Staff Project Controls Program Governance Document Management Team Quality Control Schedules & Budgets Storm Program Level Budget Real Estate Support Water Cashflow Forecasting Progress Reporting permitting Support CIP Tracking Performance Metrics Programmatic Support for Permitting Analyze Program Risks and Programmatic Support for Real Estate Develop Mitigation Strategies 12 Organizational Roles - Program Delivery Team Program Manager Stormwater Program /n Leadership Delivery Team Team Project Manager Manage Project Risk E Program Governance Oversee Design and Team Public Works Construction Vendors are Real Estate Storm Communications Update Schedule and Estimates Water Procurement CIP Legal Initiate Change Requests Budget Finance Identify Permitting and Real IT-GIS Hybrid Internal& External Resources Estate Needs 13 Thank You Leisha Pica (t.eisha.picajacobs.com) Sharma Young (sharmasyoungconsut.ting.com) Jacobs Challenging today. in o tr f co Reinventing tomorrow. 7 ITEM#71373 12:02 P.M Mayor Dyer RECONVENED the City Council Retreat and turned the meeting over to City Manager Duhaney. City Manager Duhaney introduced Harry Kangis, The One Page Solutions Team, to begin the initial discussion on Strategic Planning/OGSP. City Council took a lunch break 12:19 P.M Mayor Dyer RECONVENED the Retreat at 1:05 P.M and continued the discussion on the Strategic Planning/OGSP. Mr. Kangis began his presentation of The One Page Strategic Plan, attached hereto and made a part of the record City Council took a brief break 2:23—2:37 P.M Mayor Dyer RECONVENED the City Council Retreat at 2:37 P.M and continued the discussion on the Strategic Planning/OGSP :A• �:• ' • • 0��4- � R '4- UUR NtiCW The one Page City Council Retreat March 8 2021 Strategic Plan Harry Kangis The One Page Solutions Team Co-Founder and General Manager Ground rules for today: • Please turn cell phones on vibrate and take urgent calls outside • Keep your focus at the table - side conversations and talking over each other slow progress • Seek first to understand — all ideas are welcome • Truthful engagement — be prepared to propose a constructive solution if you disagree • Surface your remaining reservations now • Leave the room ready to support the strategic plan with full commitment Day 1 Agenda What do we hope to accomplish with this straegic planning 1:30pm - 10 Mins discussion? Ground rules, Agenda, Planning process principles 1:40pm - 10 Mins What is our desired success from the new strategic plan? 1:50pm - 20 Mins • Mission and Objective Strategy Reviews • Strategy #1 — 21st Century Infrastructure 2:10pm - 35 Mins • Strategy #2 — Safe & Healthy Community 2:45pm - 35 Mins • Strategy #3 — Growing Economic Opportunities 3:20pm - 40 Mins • Break 4:00pm - 20 Mins • Strategy #4 — Thriving Neighborhoods 4:20pm - 35 Mins • Strategy #5 — Innovative & Sustainable Government 4:55pm - 35 Mins Playing to Win: How Strategy Really Works by A.G. Laflev and Roger Martin ys o The Five Essential Questions at the Heart of PLAYIh NOW SIRAYfGY r AfAILYWORRS o Any Winning Strategy: wiN ..- A.G.LIMEY ROGER MAMMY o 1. What is your winning aspiration? 02. Where will you play? .03. How will you win? 04. What capabilities must be in place? 05. What management systems are required? 4 Strategic vs Operating Priorities Understanding the distinction; tracking both o Strategic Priorities (Covered by the OGSP documents) • Focused on building future growth/success • Require incremental investment in money, time, and mgt. attention • In most cases, require a good deal of cross-functional collaboration o Operating Priorities (Tracked separately) • Focused on delivering current year forecast & mission commitments • Projects which deliver continuous improvement across functions • Activity focused on relationships with key stakeholders: owners, customers, consumers, communities, employees and volunteers City of Virginia Beach I One Page Strategic Plan®(OGSP®) DRAFT FY 2021-2022 Our Mission: The City of Virginia Beach exists to enhance the economic,educational,social,and physical quality of the Virginia Beach community and provide sustainable municipal services which are valued by its citizens. FY 2021-22 OBJECTIVE: STRATEGIES: FY 2022 PLANS: (Owner,Date) [Relative Priority:A,B,C] "What is success?" "How we will succeed..." Through continuous innovation,measurement, 1. 21st Century Infrastructure( ) la) Reduce floodinglymaintainand adaptw to sea, level rise() lb) Proactively our water,wastewater,road,and bridge infrastructure() and improvement,we will enhance the quality of a)Build a flooding and sea level rise resilient community 1c) Improve transportation options and reduce congestion by working with partners where life and the City's economic vitality for residents, b)Build a safe,reliable,and accessible multimodal common interests can be maximized() employees,businesses,and visitors while investing transportation network for all members of the 1d) Evaluate emerging mobility solutions and invest in efficient,user-friendly,safe,and cost- in sustainable and resilient infrastructure. community effective solutions that get people where they want to go() GOALS: 2. Safe&Healthy Community( ) 2a) Use data-driven approaches to reduce crime in all neighborhoods() a)Build a safe and well-prepared for all-hazards community 2b) Provide timely fire,medical,and emergency management response () b)Build a community with equitable access to quality social 2c) Continue efforts to prevent the spread COVID-19() services 2d) Through a combination of supportive housing and comprehensive social services reduce homelessness() FY End 6/30 FY21 FY22 FY23 2e) Provide and/or support initiatives that can connect those seeking social services with the Actual Fcst. Proj. support they need() 3.Growing Economic Opportunities( ) 3a) Continue work towards becoming a year-round coastal destination() a)Build a City well positioned to compete in the regional, 3b) Cultivate and facilitate investment in strategic industry sectors() national,and global economy 3c) Facilitate a responsive and proactive business climate () b)Build opportunities for Small,Women,and Minority 3d) Increase SWAM business participation on City contracts() EXAMPLE ONLY (SWAM)Owned Businesses 4. Thriving Neighborhoods( ) 4a) Evolve and update comprehensive plan to balance development with neighborhood a)Build a community made up of distinct,complementary, character and livability() Growing Economic Opp. 4b) Ensure the development of a diverse range of housing options that parallels our #of jobs created 2,400 and diverse neighborhoods $15.3 b)Build a community with equitable access to quality park demographics and needs Comm rcenPer it 4c) Provide accessible,diverse,and inclusive parks&recreation and library programs and Commercial Permits Issued 3,349 and recreational opportunities c)Build world-class schools and foster lifelong learning amenities() opportunities 4d) Partner with Schools Division on appropriately funding operation and capital needs() 5.Innovative&Sustainable Government( ) 5a) Establish a culture of continuous improvement that embraces technology and prototyping a)Build an equitable,ethical,and innovative city to improve processes(I government that works for all effectively and 5b) Improve our competitiveness to attract,hire,and retain a diverse and skilled workforce() collaboratively 5c) Demonstrate sound financial stewardship() 5d) Timely,meaningfully,and appropriately engage the community on the matters that impact them() 6 M3 The City of Virginia Beach -One Page Strategic Plan®(OGSP®) DRAFT FY 2022-2023 Our Mission:The City of Virginia Beach exists to enhance the economic,educational,social,and physical quality of the community and provide Virginia Beach sustainable municipal services which are valued by its citizens. FY 2022-23 OBJECTIVE: STRATEGIES:(Captain) 'How' we will Win... FY 2022 PLANS: (Owner,Date) [Relative Priority:A,B,C] 'What' is Winning... 1.210 Century Infrastructure la)Complete all Watershed Master Modeling,develop cost/benefit decision matrix to prioritize project areas,begin a)Build a flooding and sea level rise resilient community implementing green infrastructure to reduce flood risk... Through continuous innovation,measurement,and b)Develop a financially sound storm water management Bond 1b) Assess community support for a Bond Ref.to mitigate recurring flooding&storm surge risks to City and execute broad improvement,we will enhance the quality of life and Referendum that will gamer broad community support communication plan to ensure Referendum passes... the City's economic vitality for residents,employees, c)Build a safe,reliable,and accessible multimodal 1c) Complete assessment of transportation infrastructure needs&adopt master plan that supports transp.options,reduces transportation network for all members of the community congestion,&improves safe travel for entire community businesses,and visitors while investing in sustainable d)Implement technology upgrades for the City and its citizens 1d) Expand the availability of broadband services by leveraging federal programs to ensure every business and and resilient infrastructure. underserved areas have access to advanced broadband networks le) Protect/secure/ensure City IT systems/services are capable&available to support Dept.goals by updating IT Data Ctr w/state-of-the-art secure tech.w/built in disaster recovery GOALS:(Owner:Melissa Z.) 2a) Take stepsneeded to achieve herd immunitylevels of COVID-19 vaccination in the Cityyear end,clarifywaysto 2.Safe&Healthy Community by FY End 6130 FY21 FY22 FY23 a)Implement COVID-19 vaccination and recovery plan, prevent reinfection,and speed economic recovery funds and programs for individuals,businesses and non-profits. Actual Fcst Proj. including stabilization for renters 2b) Develop pro-active plans for all hazards and all threats to the city,not just the ones we happen to be experiencing now b)Build a sate community that is well-prepared for all-hazards or thinking about now. c)Modernize the public safety operation via improved 2c) Modernize the public safety operations via improved diversity,accountability,technology,and community problem- transparency,diversity,accountability,and technology oriented policing d)Build a community with equitable access to quality social 2d) Provide essential social infrastructure to promote health&support a healthier community services,especially public health capability 2e)Continuously improve homelessness programs to build service capacity e)Focus on reducing current homeless populations... 3.Growing Economic Opportunity a)Build a City well positioned to compete in the reg'I,narl, 3a) Finalize Economic Development Strategy to focus efforts and resources and global economy for higher paying jobs(shovel-ready 3b) Use updated Economic Development Strategy to build a real estate plan for development of future industrial sites sites&workforce development) 3c) Partner with VBCPS,the Workforce Council,and local Higher Education providers to expand workforce training b)Build opportunities for(SWAM)Owned Businesses; programs based on strategic industries Enable incubators to encourage start-up businesses 3d)Stimulate high quality and authentic retail,mixed use and hospitality product in the Resort Area through the c)Continue modernizing and strengthening our attractiveness implementation of the Resort Area Strategic Action Plan and 2020 Resort Initiative City Council resolution. as a tourism,convention and attractions destination 3e)Build opportunities for Small,Women,and Minority(SWAM)Owned Businesses;Enable incubators to encourage start- d)Collaborate proactively with our military partners to provide up businesses support as their strategies and tactics evolve 31) Improve permitting and regulatory processes while keeping in mind the objective to maintain the character and safety of the VB community 4.Thriving Neighborhoods a)Build a community made up of distinct,complementary, 4a) Evolve and update comprehensive plan to balance development with neighborhood character and livability and diverse neighborhoods with more affordable housing 4b) Ensure the development of a diverse range of housing options that parallels our demographics and needs b)Build community with equitable access to quality park and 4c) Build world-class schools and foster lifelong leaming opportunities recreational opportunities 4d)Partner with Schools Division on appropriately funding operation and capital needs c)Build world-class schools&foster lifelong learning opport. 4e)Establish clearer criteria and greater enforcement of Short-term Rental properties d)Find right balance between managing historical character of neighborhoods and the need for redevelopment 5a) Establish a culture of continuous improvement that embraces technology and prototyping to improve processes 5. Innovative and Sustainable Govt through data-driven decision making a)Build an affordable,diverse,equitable,and ethical 5b) Improve our competitiveness to attract,hire,and retain a diverse and skilled workforce govemment that works for all 5c) Maintain sound financial practices in accordance with all Federal,State and applicable laws and direct the Citys b)Focus on recruitment&retention of a quality City workforce resources towards its long-term goals c)Maintain,upgrade,and repurpose aging City buildings, 5d)Uphold City s reputation as an attractive,sustainable,and contemporary community for all while ensuring affordability infrastructure,and assets 5e)Continue to uplift and support the city workforce and impacted community with a trauma-informed approach through d)Become an innovative and data-driven organization that their recovery from the lasting effects of May 31,2019 strives to be the best at getting better Refinements to the Aspiration: Objective and Goals? VB Mission: o The City of Virginia Beach exists to enhance the economic, educational, social, and physical quality of the community and provide sustainable municipal services which are valued by its citizens. OGSP Objective: o Through continuous innovation, measurement, and improvement, we will enhance the quality of life and the City's economic vitality for residents, employees, businesses, and visitors while investing in sustainable and resilient infrastructure. �3 Virginia Beach Strategy #1 Rationale Why should we invest in this strategy? 21st Century Infrastructure a) Build a flooding and sea level rise resilient community b) Develop a financially sound storm water management Bond Referendum that will garner broad community support 0 Build a safe, reliable, and accessible multimodal transportation network for all members of the community d) Implement technology upgrades for the City and its citizens Why do we believe this strategy is essential to delivering VB's OGSP Objective? What are the benefits of pursuing these priorities and the risks of not taking these actions? ✓ If we do not address flooding now VB will not remain an attractive place to live,work and play;we must improve our preparation for the next major Atlantic storm ✓ We need to resolve the feasibility and cost of a Stormwater Bond Referendum,so we have clarity on how much we have remaining to invest in other important priorities ✓ Given VB's unique mix of urban/suburban/rural/inland/coastal environments,we must upgrade our transportation capability before increasing congestion makes it harder to attract more jobs and visitors ✓ All members of the VB community deserve quality broadband service given how essential the internet has become for education, commerce,healthcare and timely communication ✓ The City Administration needs to embrace more modern IT systems to improve overall productivity and the effective and efficient delivery of services to the public ✓ All the above upgrades are necessary to attract businesses,grow our workforce, and maintain resident and visitor quality of life 9 VB Strategy #1 Rationale 21st Century Infrastructure Are we making real strategic choices? WHERE WILL WE PLAY - Where HOW WILL WE WIN - What HOW WILL WE WIN - What can we best focus our critical resources to benefits will we deliver to satisfy citizens,job benefits will we deliver to satisfy citizens,job deliver Virginia Beach's future vision? creators, and potential visitors to Virginia creators, and potential visitors to Virginia Beach Beach Stormwater Mitigation Stormwater Mitigation Technology Upgrades for Citizens& City • Periodic flooding caused by sea-level rise • Building support for a Bond Referendum and • Absence of high-speed Internet disadvantages • Catastrophic damage from storm surges on an urgent timetable lower income citizens for education,health care, • Feasible way to fund improvements,such as a • Continuous education on the risks/costs of job security,and timely communication Bond Referendum not dealing with this now • Must have a modern IT platform to attract start- TransportationImprovements • Incentives for residents and business to build ups and other technology workers in flood prevention • Modern IT needed to continually improve • Better connecting a wide variety of living • Assessing the effects of the added debt on productivity/cost in delivering quality City environments in VB bond rating and ability to take on other services • Must work for all income levels,residents and attractive priorities visitors Technology Upgrades for Citizens& Transportation Improvements • Reducing cost and lost productivity for those • Broadband expansion traveling between VB's various districts • IT upgrades for City Administration • Requires a multi-modal approach as not one approach will meet all needs • Critical for recruiting and retaining city workers • Growing congestion will suppress tourism and make us less attractive to job creators Virginia. Beach Strategy # 1 OGSP Plans Portfolio Strategy #1: 21st Century Infrastructure 1 a) Complete Master Watershed Modeling efforts for all watersheds, develop cost/benefit decision matrix to prioritize the project areas, and begin implementing green infrastructure to reduce flood risk and accelerate adaption activities for sea-level rise. 1 b) Assess community support for a Bond Referendum to mitigate recurring flooding and storm surge risks to the City and execute a broad communication plan to ensure the Referendum passes this November 1 c) Complete a comprehensive assessment to identify what transportation infrastructure is needed and adopt a Master Transportation Plan that supports transportation options, reduces congestion, and improves safe travel for the entire community 1 d) Expand the availability of broadband services by leveraging federal programs to ensure every business and underserved areas have access to advanced broadband networks 1 e) Protect, secure, and ensure City IT systems and services are capable and available to support departments goals and mission by updating the IT Data Center with state-of-the-art secure technology with built in disaster recovery 11 Virginia Beach ldwe Strategyinvest Rationale Why shou in this#2 Safe&Healthy Community a) Implement COVID-19 vaccination and recovery plan, including stabilization for renters b) Build a safe community that is well-prepared for all-hazards 0 Modernize the public safety operation via improved transparency, diversity, accountability, and technology d) Build a community with equitable access to quality social services,especially public health capability e) Focus on reducing current homeless populations and factors that could cause it to grow Why do we believe this strategy is essential to delivering VB's OGSP Objective? What are the benefits of pursuing these priorities and the risks of not taking these actions? • The sooner we get to effective"herd immunity"in our population the sooner we can return to a healthier economy and renewed tourism ✓ The new hurricane season begins June 1,and recent history suggests we must expect that VB will be affected to some degree,and needs clear emergency preparation plans for storms of all levels The societal calls for improving policing means we must ensure we have the strategies and ractices in place to address all crime risks; enhanced transparency and accountability will be expected in any modern community and we can head off unnecessary conflict by improving mental health training and building,strong neighborhood liaisons;We need to address police force vacancies and ensure that our public safety forces better reflects or citizenry • We need a more VB-focused public health system and be prepared to address the after-effects of COVID-19 isolation and job loss on our citizens and City workers;we need to encourage healthier lifestyles and proactively find opportunities to connect those in need with social services. • Even before COVID-19,homelessness has been an issue for all cities and is likely to spike further as eviction bans lapse 12 Virginia Beach Strategy #2 Rationale — Safe & Healthy Community Are we making real strategic choices? WHERE WILL WE PLAY- Where can we HOW WILL WE WIN- What benefits will HOW WILL WE WIN - What benefits will best focus our critical resources to deliver Virginia we deliver to satisfy citizens,job creators,and deliver to satisfy citizens,job creators,and potential Beach's future vision? potential visitors to Virginia Beach visitors to Virginia Beach COVID-19 Management&Recovery COVID-19 Management PH&SS Improvement • Flattening the infection curve • Ongoing mask wearing&distancing • Better access for all citizens to quality social service • Testing&Contact Tracing • Improve Vaccine Accessibility and mental health care • Mass Vaccination • Reducing vaccination resistance • VB dedicated public health leader • Small Business Recovery&Financial Assistance to Citizens and Eviction Prevention COVID-19 Recovery Reducing Homelessness All-Hazards Preparation • Simplifying access for small businesses and • Minimizing new evictions once bans expire • Storm surge geomapping citizens in need to COVID-19 financial assistance • Provide supportive housing options • Building Codes Review • Promoting safe options for business and tourism • Ensure social service support coverage • Evacuation Prep reopening support dining and entertainment options Public Safety/Police All-Hazards Preparation • Improved 1"responder diversity&address police Public Safety/Police • Traditional extreme weather events force recruitment and retention • Achieving 1"Responder diversity that matches • In light of Texas,extremely cold temps • Enhance policing transparency&accountability the population • Cybersecurity threats increasing • Neighborhood Liaisons • Finding the right balance on police accountability • Mass Casualty violence PH&SS Improvement and effective policing • Next pandemic • Mental health focus • Providing more training&support for police • Dedicated Public Health leadership when dealing with mental health calls • Homeless prevention • Better community policing partnerships with neighborhoods Virginia Beach Strategy #2 OGSP Plans Portfolio Strategy #2: Safe & Healthy Community 2a) Take steps needed to achieve herd immunity levels of COVTD-19 vaccination in the City by year end, clarify ways to prevent reinfection, and speed economic recovery funds and programs for individuals, businesses and non-profits. 2b) Develop pro-active plans for all hazards and all threats to the city, not just the ones we happen to be experiencing now or thinking about now. 2c) Modernize the public safety operations via improved diversity, accountability, technology, and community problem-oriented policing 2d) Provide the essential social infrastructure to promote health and support a healthier community 2e) Continuously improve homelessness programs to build service capacity 14 Virginia Beach Strategy #3 Rationale Why should we invest in this strategy? Growing Economic Opportunity a) Build a City well positioned to compete in the regional, national, and global economy for higher paying jobs and a year- round economy by ensuring we increase shovel-ready sites and invest in workforce development b) Build opportunities for Small, Women, and Minority(SWAM) Owned Businesses; Enable incubators to encourage start-up businesses c) Continue modernizing and strengthening our attractiveness as a tourism, convention and attractions destination d) Collaborate proactively with our military partners to provide support as their strategies and tactics evolve Why do we believe this strategy is essential to delivering VB's OGSP Objective? What are the benefits of puming these priorities and the risks of not taking these actions? ✓ Given damage done to the economy by COVID-I9 restrictions,it is critical we are ready to support and invest in both businesses(of all sizes)and individuals as things start to open post-COVID ✓ VB will have a stronger and more stable economy if it brings in more high paying and if it strengthens activity that boosts the economy year-round ✓ Vet Sea Cable and Offshore Wind projects to determine if they can generate large and longer-term job opportunities ✓ We should continue modernizing and strengthening our attractiveness as a tourism and convention destination,and seek innovative ways to market VB as a destination ✓ Given many changes taking place in US Military strategy and tactics,we need to continue collaborating proactively with our local military partners to ensure their sustainability and reinforce their importance to VB ✓ We should assess future development opportunities that will arise once flooding issues are mitigated ✓ We want to ensure our permitting and regulatory processes are not too onerous,but also restrictive enough to maintain the character and safety of the VB community VB Strategy #3 Rationale - Growing Economic Opportunity Are we making real strategic choices? WHERE WILL WE PLAY- Where can we HOW WILL WE WIN- What benefits will HOW WILL WE WIN- What benefits will we best focus our critical resources to deliver Virginia we deliver to satisfy citizens,job creators,and deliver to satisfy citizens,job creators, and potential Beach's future vision? potential visitors to Virginia Beach visitors to Virginia Beach Higher Paying/Year-Round Jobs I I igher Paving/Year-Round Jobs SWAM and Incubators • Balance out lower paying private sector jobs • Building a technology and advance mfg.rep • Build opportunities for Small,Women,and • Year-round for more stable economy • Proximity to many Eastern pop.Centers Minority(SWAM)Owned Businesses • Attractive community to help recruit and retain • Enable incubators to encourage start-up businesses Tourism,Conventions,Attractions employees • User friendly,sea-side destination Military Relationship • Competitive convention facilities&services Tourism,Conventions,Attractions • Stay close to the Military decision makers to ensure • Address CVB leadership to enable a high • Build on existing strong tourism reputation we meeting their current and likely future needs performing organization • Affordable and pleasant convention location • Leverage defense presence to recruit high paying • Add facilities&services conventions are seeking ancillary job creators Sea Cable/Offshore Wind • Innovative destination marketing • Not just a pass-through but jobs source • CVB Restructure and Investment Permitting • Global presence • Taking a data driven performance improvement to Sea Cable/Offshore Wind existing processes SWAM and Incubators • Compete for Reg'l HQ and permanent staffing • Identify ways to reduce development approval time • Minority and women-owned businesses presence for projects that meet certain City development • Small business and start-up entity support • Leverage these to bring in other global and tech- goals or objectives oriented job creators Military Relationship • Workforce development partnerships for foster Overarching • Remain agile as military changes its focus job readiness • Finalize Economic Development Strategy to focus • Welcoming and affordable to military families efforts and resources Permitting Permitting&regulatory process improvement Virginia Beach Strategy #3 OGSP Plans Portfolio Strategy #3: Growing Economic Opportunity 3a) Finalize Economic Development Strategy to focus efforts and resources 3b) Use updated Economic Development Strategy to build a real estate plan for development of future industrial sites 3c)Partner with VBCPS, the Workforce Council, and local Higher Education providers to expand workforce training programs based on strategic industries 3d) Stimulate high quality and authentic retail, mixed use and hospitality product in the Resort Area through the implementation of the Resort Area Strategic Action Plan and 2020 Resort Initiative City Council resolution. 3e) Build opportunities for Small, Women, and Minority (SWAM) owned businesses; Enable incubators to encourage start-up businesses 3f) Improve permitting and regulatory processes while keeping in mind the objective to maintain the character and safety of the VB community 17 Virginia Beach Strategy #4 Rationale Why should we invest in this strategy? Thriving Neighborhoods a) Build a community made up of distinct, complementary, and diverse neighborhoods with more affordable housing b) Build a community with equitable access to quality park and recreational opportunities c) Build world-class schools and foster lifelong learning opportunities d) Find the right balance between managing historical character of neighborhoods and the need for redevelopment Why do we believe this strategy is essential to delivering VB's OGSP Objective? What are the benefits of pursuing these priorities and the risks of not taking these actions? ✓ To succeed long term,VB must be a great place to live and play not just to work. This means quality housing for a variety of income levels. This will mean more density insome areas,while providing other options for those seeking suburban and rural environments. s We must find ways to make quality housing affordable for the VB workforce,including City employees, or we will not be able to attract the top talent we need as a City and for our job creators f We need to be opportunistic in repurposing available commercial properties,such a failed shopping centers,for affordable housing, which will also minimize disruption to existing residential neighborhoods • We must assess whether all citizens have access to needed outdoor park spaces and recreation centers • High quality schools are a prime motivator for deciding to move to VB;we need to collaborate more with the School Board on the master plan to ensure the money allocated to K-12 education is benefiting the entire community s We should also find ways to expand higher education options in the VB area,both for students and those interested in life-long learning, such as retirees. 18 Virginia Beach Strategy #4 Rationale Thriving Neighborhoods Are we making real strategic choices? WHERE WILL WE PLAY- Where can we HOW WILL WE WIN- What benefits will HOW WILL WE WIN- What benefits will best focus our critical resources to deliver Virginia we deliver to satisfy citizens,job creators,and we deliver to satisfy citizens,job creators,and — Beach's future vision, potent:a visitors to ':rgtnta :eac potential visitors to Virginia Beach Nurturing Varied/Distinct Living Areas Nurturing Varied/Distinct Living Areas Quality Recreation and Cultural Options • Focus on choices of Urban,Suburban and Rural • Focus on transportation improvements that better • Think more city-wide when investing in new Parks Living Environments , link these spread-out areas and Rec facilities;avoid have and have-not districts • Make sure each of these options reflect diversity • Remove barriers to greater diversity in all VB areas • Stay current on what the public wants for arts, and inclusion • Neighborhood restoration and preservation entertainment, and recreation options • Management of STRs • Avoid negative side-effects of gentrification Affordable Housing • Improve Community engagement on development Quality Schools and Lifelong Learning • Must increase stock of affordable housing for plans/decisions • Increase collaboration and strategic planning with middle class and below economic groups • Establish clear criteria and enforcement of Short- School Board and the community,versus just • Specific focus on nearby housing for City term Rental properties passing tax dollars through to them employees to help retain top performers • Help them assess asset management and replacement to fit with overall City master Quality Recreation and Cultural Options Affordable Housing planning • Look holistically at Parks/Rec/Cultural Arts • Repurposing vacant shopping centers for more • Attract high education options to improve cultural options for all members of the community affordable housing options enrichment in VB and to offer adults more life-long • Appropriate attention to arts and aesthetic • Redevelopment and infill guidelines to meet learning options options as well;public art multiple affordability levels Quality Schools and Lifelong Learning • Work collaboratively with school board on assets management and equity issues • Attract higher education institutions Virginia Beach Strategy #4 OGSP Plans Portfolio Strategy #4: Thriving Neighborhoods 4a) Evolve and update comprehensive plan to balance development with neighborhood character and livability 4b) Ensure the development of a diverse range of housing options that parallel our demographics and needs 4c) Provide accessible, diverse, and inclusive parks & recreation, library, arts and cultural programs and amenities 4d) Partner with Schools Division on appropriately funding operation and capital needs 4e) Establish clearer criteria and greater enforcement of Short-term Rental properties 20 VB Strategye #5 Rationale Why should we invest in this strategy? Innovative and Sustainable nmnt Gover a) Build an affordable, diverse, equitable, and ethical government that works for all b) Focus on recruitment & retention of a quality City workforce c) Maintain upgrade and repurpose aging City buildings, infrastructure, and assets d) Become an innovative and data-driven organization that strives to be the best at getting better Why do we believe this strategy is essential to delivering VB's OGSP Objective? What are the benefits of pursuing these priorities and the risks of not taking these actions? ✓ Community expectations everyone are increasing quickly that their government will embrace new emphasis on innovative, equitable, and inclusive approaches to governing and engaging with its citizens ✓ Competition for the best people to staff the government is intense. The City,must find ways to remain comppetitive on the salaries and benefits we can offer to recruit and retain the best people. This includes ensuring there is a sufficient supply of affordable housing for them. ✓ We should keep investing in development of our employees to help them adapt to fast changing technologies and practices, and to motivate them to stay with the City • The City's reputation as an attractive, sustainable, and contemporary community for all requires us to ensure the taxes are affordable and that we keep attention on regular maintenance of our physical assets • Our workforce and the community are collectively still healing from the lasting effects of the May 31 tragedy zi VB Strategy #5 Rationale Innovative & Sustainable Government Are we making real strategic choices? WHERE WILL WE PLAY- Where can we HOW WILL WE WIN- What benefits will HOW WILL WE WIN- What benefits will we best focus our critical resources to deliver Virginia we deliver to satisfy citizens,job creators, and deliver to satisfy citizens,job creators,and potential Beach's future vision? potential visitors to Virginia Beach visitors to Virginia Beach Affordable.Diverse,Equitable&Inclusive Gout Affordable.Diverse.Equitable&Inclusive Govt Communicating and Engaging_the Public • What are the areas requiring attention to attraru • Prioritize inclusion,diversity,equity and access • Continuously improve the content and frequency of the best employees and to better match our • Competitive reward and recognition programs communication to the public;build stronger& workforce to the community • Improve work environment and culture broader support for new strategic priorities • How to retain those employees once they are here • Affordable housing for all employees in the • Ongoing employee wellness and development immediate area Asset Management programs • Enhance efforts to become a trauma informed • Update purpose and capacity of City facilities for a Effective and Efficient Community Services workforce post-Covid working world • Where can we improve the user friendliness of • Access AAA vs AA Bond rating tradeoffs to clarify the services the community requires from us Effective and Efficient Community Services capital funding capacity longer-term • How can we improve the efficiency of how we • Assess the need for a redevelopment authority • Reassess how much office space needed in a post- operate while remaining affordable • Pilot programs to test innovative ideas Covid world • Higher productivity will help to fund better pay • Establishment of an enterprise wide • VB-wide master planning for replacement of schools and benefits options in attracting top talent PerformanceStat Leadership Strategy and other public use buildings • VB-wide master planning of road and bridge Asset Management replacements and upgrades • Clear asset management master plan • Don't repair/replace that which we may no longer need • Careful mgt of aging infrastructure VirginiaOGSP BeachP Strategyrtfolio #5 lans Po Strategy #5: Innovative and Sustainable Government 5a) Establish a culture of continuous improvement that embraces technology and prototyping to improve processes through data-driven decision making 5b) Improve our competitiveness to attract, hire, and retain a diverse and skilled workforce 5c) Maintain sound financial practices in accordance with all Federal, State and applicable laws and direct the City's resources towards its long-term goals 5d) Uphold the City's reputation as an attractive, sustainable, and contemporary community for all while ensuring affordability 5e) Continue to uplift and support the city workforce and impacted community with a trauma-informed approach through their recovery from the lasting effects of May 31, 2019 2s VB Strategy #1 Measures — 21 st Century Infrastructure How we will track progress over time Proposed Measure Why will this be an effective Measure? # of buildings, roadways, and properties that received decreased flood risk due to City efforts. % of infrastructure assets with positive performance ratings. of critical infrastructure for which vulnerabilities have been assessed& addressed via protective and/or mitigation strategies. % of City facilities rated as "good" in the Facilities Condition Index. % of all City buildings with ENERGY STAR scores greater than XX Total time that critical city services were unavailable due to information security risk. %HH and Business penetration of high-speed internet service How to measure improvements in transportation for all elements of the community 2a VB Strategy #2 Measures — Safe & Healthy Community How we will track progress over time Proposed Measure Why will this be an effective Measure? Part I Violent & Property Crime Rate per 1,000 Population 911 call answer times of emergency responses that meet established time standards for response % of VB employees who have completed emergency management preparedness and response training(as appropriate). # of persons experiencing homelessness # of new people entering homelessness # of persons who successfully exit from homelessness # Public safety comments/complaints 25 VB Strategy #3 Measures — Growing Economic Opportunity How we will track progress over time Proposed Measure Why will this be an effective Measure? Employment Rate Median family income of the immediate community, not the surrounding area; private sector wages, so not overly skewed by military pay # of living wage jobs created SWAM participation %and/or spend on City Contracts # of commercial permits of commercial permit plan reviews completed on time How track success in maintaining cybersecurity? 26 VB Strategy #4 Measures — Thriving Neighborhoods How we will track progress over time Proposed Measure Why will this be an effective Measure? % of residents who report being satisfied or very satisfied with the quality of library, and parks and recreational services and programs. % of residents who report being satisfied or very satisfied with the quality of library, and parks and recreational facilities provided by the City. # of residential plan reviews completed on-time Track arts and culture availability and participation What education metrics will we use to measure quality of the schools How to measure that amount of support for all students is equitable across school system 27 VB Strategy #5 Measures — Innovative & Sustainable Govt. How we will track progress over time Proposed Measure Why will this be an effective Measure? #of median family income that goes to median City tax bill. #of City Services provided online through the City Web Portal Ratio of current reserves to overall annual General Fund budget City bond ratings(General Government,Utilities,etc.) %of residents who report being satisfied or very satisfied with the overall quality of services provided by the City %of residents who express high levels of satisfaction with the outcomes of their engagement with the city %of employees who report overall satisfaction Employee attrition rate(categorized by reason for leaving) #Complaints from the public on services falling short of projects completed on-time;%of late projects where public is 28 informed as to why �w VI' ' Y P Z zvik rig- '�"". G\rr` . s 074 0� ' aF OUR NMI The Page City Council Retreat March 9 2021 Strategic Plan Harry Kangis The One Page Solutions Team Co-Founder and General Manager 29 Day 2 Agenda Wrap up from Strategic Priorities: Are you aligned on the 5 strategies? 8:30am— 9:00am ext Steps 9:00am — 9:30am Review and Refining with City Dept. Heads Building Performance Management Systems Assessing Capability to Execute the Priorities so Assessing Sufficiency of the OGSPR' to deliver the Objective and Goals o Does the OGSP reflect the strategic effort the organization sees as needed to win long term? o Is there an effective process to identify and integrate the operating priorities with the strategic priorities? o Do all the support organizations understand their role in the OGSP? o Assuming you follow the Strategic choices as described; and complete the Plans fully and on the times noted: o Don't worry about Capability at this point; that comes next! o Will we deliver this year's Goals with an 80% confidence level? o Will we be on the right glide path to achieve the next 2 years as well? o If the answer is "no" or "not sure," you need to either reduce your aspirations or make the strategic horsepower greater 31 Assessing the Relative Priority of the OGSP® Plans While the OGSP Plans represent the most critical strategic priorities for the organization over the coming 9-12 months, they are not all equal in their urgency. To avoid the strategic planks becoming new silos, it is important for the senior team to embrace a common view of how these Plans relate to each other in importance, and for resources to migrate to them accordingly. "A" Level— Must get done on time or we likely will not meet current year goals • These initiatives typically relate more to building of top line revenue or improved profit in the current fiscal year; can sometimes include projects to improve current capability with customers or consumers to achieve conversion and retention goals. "B" Level Must Get Done with Only Minor Delays or Some Goals at Risk • These initiatives typically relate more to ideas which will affect the business later in the fiscal year, will be launched in subsequent fiscal years, or affect secondary markets or customers/consumers. They are often still building blocks for the current forecast. "C" Level—A and B Level Issues Mean Delays Here; Affects Long Term More vs. current • These initiatives are often platform and organization building ideas which can withstand some delay without undermining current year goals. OGSP Project Summary Tool Involving the broader organization in the plan; making due dates more realistic OGSP Strategy X: EDEN - 121321E --� - 33 The Won't Do List' Why it's the second most important one page document in the OGSP process • Fastest way to turn up needed resources • Builds credibility within the organization that leadership is willing to make hard calls • The difference between successful people and really successful people Tia:y• is that really successful people say 4o,, _ no to almost everything. W mhen Nita AZ QUOTES 34 Won't Do List '.' To build more capacity to deliver the strategic plan STOP - Work we WON'T DO because it is not clearly connected to the OGSP Objective (poor risk/reward ratio; too small to 'move the needle ') HOLD — Work we will DELAY until sufficient resources are available (lower relative priority; has a longer payback or higher upfront investment) Won't Do List® To build more capacity to deliver the strategic plan LIMIT — Work LIMITED to just long-lead or highest priority steps (only critical path steps: isolate activity to defined functions or people) Operating Principles—Behaviors/work processes that waste time or commit resources before proper evaluation and discussion Resource Needs & Barriers Strategy #x: Strategy Headline (Captain) Category Description of Need $'s/People Owner Timing Proposed Action Resource Expertise Barrier 37 Questions? 3 f3 8 ADJOURNMENT ITEM#71374 Mayor Robert M. Dyer DECLARED the City Council SPECIAL MEETING (City Council Retreat) ADJOURNED at 3:25 P.M Amanda Barnes MC Robert M. Dyer City Clerk Mayor