City of Austin Performance Report 2014-15

YTD Spending as a Percent of Spending Plan Estimated at the Beginning of Fiscal Year

Measure Description
This measure tracks the amount of spending on Project Management Division managed projects relative to the spending plans estimated at the beginning of the Fiscal Year.
Calculation Method
This measure is calculated by dividing the sum of actual FY 2014-15 spending for Project Management Division managed projects by the sum of all FY 2014-15 project spending plans estimated at the beginning of the year.
FY 2014-15 Results
Like past years, the goal for this measure was established at 80% spending as a percentage of the annual spending plan set at the beginning of the year. The actual result was 66%, which fell below the goal.
Assessment of Results
There were several factors that lead to the lower percentage of 66% in FY 2014-15. In the City’s General Obligation Bond Portfolio, there were several large projects that had unanticipated delays at the beginning of the year. These delays included: applying for and awaiting the results of federal grant applications, which was the case in North Lamar and Burnet Road; awaiting finalization of the City’s Facilities Masterplan, as in the case of the PWD Northeast Service Center; and experiencing significant weather events. Furthermore, Austin Water’s reductions in capital spending made programming of funding and implementing of projects less stable this past year.
Picture of a bridge under construction.
Next Steps
Continuing to monitor capital spending plans is imperative to ensure actual CIP spending plans meets the goal of 80 percent. Further coordination between sponsors and project managers will help address the major causes of unplanned delays, projects being canceled, or larger issues that affect capital spending.
Contact Information
For more information contact Roxanne Cook, Project Management Division, (512) 974‑7995.