Balance Scorecard in Public Retirement Systems

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					           WHAT’S NEXT?                                                                                                                   Finance Operations Scorecard
                                                                                                                                             Fiscal Year 2008 - 2009
       LOOKING FORWARD – FISCAL
            YEAR 2009-2010                                                                                                                              South Coast
                                                                                                                                                  Air Quality Management
AQMD PERFORMANCE MEASUREMENT SYSTEM
	
                                                                                                                                                          District
      •				Continue	to	lead	implementation	of	district-
           wide	performance	measurement	system	to	
           track	performance	of	key	indicators

OPERATIONAL METRICS - KEY INDICATORS

	       •				Continued	monthly	tracking	and	analysis	of
				    						Procurement,	Accounting	and	
	       						Payroll	Metrics

	       •				Implementation	of	Billing	Services	metric      Certificate of Achievement
STREAMLINING / IMPROVEMENT OPPORTUNITIES                    for Excellence in Financial
        •				Continued	eProcurement	initiatives	through		            Reporting
            CalCard	Program	
                                                                                                               Presented to
        •				Implementation	of	Peoplesoft	Enterprise	
            Payroll	(ePay)                                   South Coast Air Quality
                                                              Management District,
                                                                   California
                                                                                          For its Comprehensive Annual
                                                                                                  Financial Report
                                                                                            for the Fiscal Year Ended
                                                                                                   June 30, 2008
                                                                                                                                                    MISSION STATEMENT
                                                              A Certificate of Achievement for Excellence in Financial                    “The	South	Coast	AQMD	believes	all	residents	have	a	right	to	
                                                             Reporting is presented by the Government Finance Officers                    live	and	work	in	an	environment	of	clean	air	and	is	committed	
                 South Coast                                      Association of the United States and Canada to                          to	undertaking	all	necessary	steps	to	protect	public	health	
                 Air Quality Management District                 government units and public employee retirement                          from	air	pollution	with	sensitivity	to	the	impacts	of	its	actions	
                                                                   systems whose comprehensive annual finacial                            on	the	community	and	businesses.”		
                 21865 Copley Drive                                     reports ( CAFRs) achieve the highest
           ®     Diamond Bar, CA 91765-4178                              standards in government accounting
                 1-800-CUT-SMOG                                                and financial reporting.                                                             GOALS
    AQMD         www.aqmd.gov
                                                                                                                                          I.	       Ensure	expeditious	progress	toward	meeting		          	
                                                                                  CE   OFFIC
                                                                               AN
                                                                                                                                          	         clean	air	standards	and	protecting	public	health.
                                                                                            ER
                                                                            IN
                                                                                OF THE
                                                                            TF




                                                                                              S
                                                                                                 AS




                                                                                                                         President
                                                                            UNITED STATES
                                                                       NMEN




                                                                                 AND
                                                                                                   SOCIATIO




                                                                               CANADA
                                                                    VER




                                                                             CORPOATION


          Cleaning the air that we breathe... TM                                                                                          II.	      Ensure	equitable	treatment	for	all	communities.
                                                                                 SEAL
                                                                  GO




                                                                                                           N




                                                                                 CHI C AG O




                                                                                                                                          III.	     Operate	efficiently	and	in	a	manner	sensitive	to		     	
                                                                                                                     Executive Director   	         business.	
    How does the Finance Division contribute?                                     How are AQMD’s dollars spent?                                                                                                              How is funding distributed?
    APPLICABLE OBJECTIVES TO MEET GOALS
                                                                                                                                                                                                                            Emission Reduction Programs
	       •				Develop	a	sound	budget                                                                  Expenses by Activity
	       •				Continue	to	streamline	financial	operations		                                                                                                                                                        FY`08 / `09 Contracts Awards by Fund
	       						functions
	       •				Communicate	measurable	performance		                                                     Advance clean air technology
                                                                                                                  3%
                                                                                                                                             Ensure compliance with clean
                                                                                                                                                       air rules

	       						indicators                                    Restricted for grants and other
                                                                                                                                                         19%
                                                                                                                                                                          Customer service
                                                                                                                                                                                                         $60,000,000
                                                                     special uses
                                                                         45%                                                                                                    3%



      What is our current financial position?                                                                                                                             Develop programs to achieve    $45,000,000
                                                                                                                                                                                   clean air

               FINANCIAL HIGHLIGHTS                                                                                                                                                   5%

                                                                                  Interest on long-term debt                                                           Develop rules to achieve

	       •				Change	in	Net	Assets	(Restricted	&		 	                                           2%
                                                                                                                           Timely review of permits
                                                                                                                                     11%
                                                                                                                                                                              clean air
                                                                                                                                                                                 4%
                                                                                                                                                                                                          $30,000,000


	       						Unrestricted)	-	12.4%	increase
                                                                                                 Policy support
                                                                                                      2%
                                                                                                                                              Monitoring air quality


        •				General	Fund	Balance	-	19%	increase
                                                                                                                                                      6%

	                                                                                                                                                                                                         $15,000,000


                                                                    Advance clean air technology                                     Ensure compliance with clean air rules
	       •				Long	Term	Debt	-	Decreased	by	$8.3	million		           Customer service                                                 Develop programs to achieve clean air

	       						(8.0%)	                                               Develop rules to achieve clean air
                                                                    Timely review of permits
                                                                                                                                     Monitoring air quality
                                                                                                                                     Policy support
                                                                                                                                                                                                                   $0


                                                                    Interest on long-term debt                                       Restricted for grants and other special uses                                       Carl	
   M oyer       MSRC    Clean	
   F uels   Prop	
   1 B   Other	
   E mission	
   P rograms




            Are we successful at what we do?                                                                                                                                                                                               Program Highlights
               OPERATIONAL METRICS –
                  KEY INDICATORS                                        How does AQMD obtain its resources?
                                                                                                                                                                                                         Carl Moyer Program
    Procurement                                                                                                                                                                                                              •					253	new	vehicles	purchased
                                                                                              Revenues by Major Source                                                                                                       •					106	vehicles/vessels	repowered
	       •					Contract	Completion	and	Review	–                                                                                                                                                                               •					68	vehicles/vessels	retrofitted	with	
	       	         96%	-	same	day	or	1	day                                                                                                                                                                                                 diesel	after-treatment	devices
                                                                             Resticted special revenues
                                                                                       sources

	       •					Purchase	Order	Processing	–                                               49%


	       	         66%	-	0-2	days	                                                                                                                                                                        MSRC Programs
                                                                                                                                                                                    Stationary sources
                                                                                                                                                                                                                             •					354	new	vehicles	purchased
	       •					Stockroom	Delivery	–                                                                                                                                                         34%
                                                                                                                                                                                                                             •					47	vehicles	retrofitted	with	diesel	after-
	       	         100%	-	same	day	or	1	day                                                                                                                                                                                         treatment	devices
                                                                                                                                                                                                                             •					8	new	and	upgraded	CNG	fueling	
    Accounts Payable
                                                              General revenues*
                                                                     5%
                                                                                                                                                                                                                                          stations	awarded
                                                                                                                                         Mobile sources
                                                                               Grants and subventions

        •					Invoice	Processing	–
                                                                                                                                              9%
	                                                                                       3%

                                                                                                                                                                                                         Proposition 1B Port Truck Replacement
	       	         89%	-	4	days
                                                                                                                                                                                                         Program
    Payroll                                                                                                                                                                                                                  •					263	trucks	replaced
                                                                          Stationary sources                      Mobile sources                      Grants and subventions




	       •					Retirement	Data	Processing	–                                             AQMD	is	a	fee	supported	agency
	       	         7	days                                                              and	does	not	receive	tax	revenues

				
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