Characteristics of Effective Plans Plan documents come in a variety of different design formats. Key components of plan documents along with agencies whose plan document represent effective presentation are cited.
* Organizational Goals Description of organization-wide goals supported by financial plan (see the City of Coral Springs’ Business Plan. Describes city’s organizational goals and their financial implications).
* Revenue Projections Explanation of revenue projections including key supporting methods and underlying assumptions (see the “City and School Revenues” section of City of Virginia Beach’s Budgetary Forecast).
* Expenditure Projections Explanation of expenditure projections with supporting method and underlying assumptions (see the “City and School Expenditures” section of the City of Virginia Beach’s Budgetary Forecast. Forecast “Conclusion” follows, demonstrating how trends drawn from revenue and expenditure projections can be communicated).
* Recommendations / Action Plan Plan recommendation for achieving financial stability (see the City of Long Beach’s Three-Year Financial Strategic Plan, for description of how the city plans to achieve and maintain financial stability).
See the "Gap Closing Strategies" section of the City of Gresham's plan for a good presentation of financial strategy options/recommendations for elected officials and executive management.
