City of Evansville Corrective Action Plan

Progress Review
Submitted: 09/28/2018 Review Date: On or after 04/01/2019

Corrections
Fund Corrections Implemented Pending Action
Executive Order 2018-0: Early Winter Fees X
Review of possible additional activities X
Golf Non-Reverting (0211)
Executive Order 2018-1: Engage outside golf consultant In process
One-time cash infusion X
Sports Non-Reverting (0270) One-time cash transfer & closure of account X
Monitor claims activity and plan structure Ongoing
Hospitalization Fund (0704)
Executive Order 2018-2: Available Unappropriated Funds transfer to Hospitalization Fund X
Review increase of fees for services X
Eliminate positions through attrition Ongoing
Conservative Overtime Policy X
Hire PT Purchasing Clerk to perform "bulk" purchasing quotes Ongoing
General Fund (0101) Study establishment of pooled vehicle system X
Identification of new grant opportunities X
Increase in LIT transfer to General Fund Ongoing
Review other city funds for one-time cash transfers to GEN Fund X
Evaluate establishment of Cumulative Capital Fund (CCD) X
Council to pass a change in investment policy; investments cannot cause an account to fall
Local Roads & Streets Fund (0202)
below zero balance in January, 2019 X
Parking Garage Fund (0226) Note paid off in 2018; all revenue will stay in this fund to remain positive
Eliminate 3 positions (2015-2017) resulting $150,000 decrease in expenses X
Increase facility fees X
Begin construction on Penguin Exhibit projected late 2019 or early 2020 driving 30% increase
in attendance upon completion Ongoing
Parks & Recreation Fund (0204)
Management agreement for Goebel Soccer by ECVB limiting operating costs X
Sports Revenue to be captured by Parks Fund beginning in 2018 X
Parks management to review sports programs to determine programs do not operate at a
deficit X

Rental Housing Inspection Fund (0269) Executive Order 2018-3: Users of the registry will be charged a users fee beginning in 2019 In process
City management will correct tax amount received by bond fund to cover bond payment and
Parks Bond Fund (0322)
allow small surplus X
City management to monitor Convention Hotel TIF property tax revenue to ensure sufficient
Redevelopment Victory Theater Fund (0476)
funding for bond payments & small surplus Ongoing
City management will consistently review fund cash balance and make cash transfers as
Parking Meter Fund (0207)
necessary Ongoing