Specifications include, but are not limited to: 1. Strengthen multi-year financial planning processes for City of New Haven. 2. Assist City of New Haven on an early intervention basis to identify and address financial difficulties. 3. Develop the internal capacity within the municipality so that it can develop, adopt, monitor, and implement Multi-Year Financial Management plans and incorporate this process into the annual budget process. 4. Assess possible revenue creation in a community which has limited taxation ability. 5. Conduct related management studies that will improve the management, financial administration, and economic development activities within City of New Haven. a. This part of the study should include but not be limited to an analysis of the appropriate structure, command, scheduling, and staffing levels of each department and a review of current practices compared to established “best practices” and standards of excellence for local government service delivery. It should also include a review of all current collective bargaining agreements and recommendations regarding cost containment and cost sharing for relevant departments and operations. 6. Implement a system of multi-year revenue and expenditure financial monitoring and trend analysis so that OMB can anticipate and plan for future financial circumstances. This includes analysis of retirement plans, liability and health insurance coverage and cost. 7. Explore the opportunities for promoting multi-municipal and regional cooperation strategies and cost-sharing among area local governments. 8. Create a methodology by which OMB can further the integration of sound community and economic development strategies to encourage the economic growth of the City’s tax base over a multi-year period.
