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Below please find a set of criteria developed by the administration and reviewed by the Finance Committee. It is recommended that <br />you evaluate your budget submission against these criteria and be sure that it meets at least one, if not several of the criteria on the list. <br />City of Lakewood Project -based Capital Investment Criteria <br />Criterion A: <br />€ <br />The project or policy is mandated by another government entity or <br />other legal requirement. <br />CriterianA -1: <br />€ <br />The project or policy meets a need or provides a service that is not <br />served by another government entity or that is traditionally served <br />by municipal governments. <br />Criterion B: <br />€ <br />The project or policy was started in a previous year. <br />Criterion C: <br />€ <br />The project or policy provides a important health and /or safety <br />benefit, and /or it creates a potential hazard or liability if not <br />corrected. <br />Criterion D: <br />€ <br />The project or policy is a necessary repair or replacement of existing <br />infrastructure orfacilities. <br />Criterion E: <br />€ <br />The projector policy cost will be offset by operating cost savings, <br />increased productivity, and /or increased revenues, or creates a <br />cost /loss by not doing it since it will be preventative in nature. <br />Criterion F: <br />€ <br />The project or policy should be used by ordirectly serve at least 33% <br />of residents. <br />Criterion G: <br />€ <br />The project or policy advances community vision or objectives. <br />(Note: Cite the specific planning objective, study /plan, or community <br />vision element that the Mayor and Council have identified as a <br />priority] <br />Criterion H: <br />€ <br />The project or policy would have direct positive economic <br />development impacts, and is supported by the business community <br />as a priority. <br />Criterion I: <br />€ <br />The availabiilty of dedicated funds limited to this specific project. <br />Criterion J: <br />1or <br />€ <br />This City has the financial capacity to sustain or maintain this policy <br />project over the long term (e.g. 10years or more). This policy or <br />project will not create an acute, unfunded financial burden on future <br />City budgets for maintenance or continuation of the policy or project <br />Criteria met from chart above: A -1, B, (C), D, (E), F, G (Tree Task Force recommendations; Clean Water Lakewood plan), J <br />Criteria not met: A, I <br />Thank you( Please submit this form to: <br />Mary Hagan, Clerk of Council, Mary.haean@lakewoodob.net <br />Maureen Bach, Legislative Liaison, Maureen.bach@lakewoodoh.net <br />41 Page <br />