Surviving the Silver Tsunami: How are you preparing for the future? René Bobadilla Pico Rivera City Manager May 15, 2015
Jan 13, 2016
Surviving the Silver Tsunami: How are you preparing for the future?
René BobadillaPico Rivera City ManagerMay 15, 2015
Retirement Warriors Municipal Gov’t Mass Retirements…
Pico Rivera, CAPopulation63,771 Size8.8 square miles
Demographics- 91.7% % Hispanic- $53,654 median household income- 67.5% high school graduate or higher
City of Pico Rivera Sales Tax Revenues
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
as
of 3
/31/
15 $-
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
$6,000,000
$7,000,000
$8,000,000
$9,000,000
GeneralGeneral- Measure PRDA Successor Agency
City of Pico Rivera Full Time Equivalents
How did we get here?
Financial Exuberance
Prudent Compromise went by the wayside
Fun Times…Spending Frenzy
Where are we today?
At A Major Crossroads
Present: Slow Recovery Phase Recovering From Bad Practices
Pension and Medical Liabilities Rising
Many Previous Golden Handshakes, Retirements, Layoffs…
Many Positions Vacant
Right Sizing/Not Downsizing
No RDA as Economic Engine
Cities are slowly recovering…
Economy Hangover
Adapting to the new realityChanging the
Culture of Government
Setting A New Course
Healthy Competition
Prioritizing -Efficiency -Effectiveness -Transparency
Collaboration
Benefits and ChallengesBenefits1. Measurement2. Managed
competition3. Potential cost
savings4. Flexibility5. Transfer risk6. “Multiplier Effect”
Challenges1. CalPERS2. Unions3. Political
implications4. “Scope creep”5. Internal capacity6. Measurement7. Contingency plans
Where are we headed?
Learning from the Past…
Demise of the Status Quo Innovation Change is Good It’s not the process but the outcome Many efficient and effective ways to
achieve the goal Cannot continue kicking the can down
the road
Strategic Recruitments/Staff Development Team/Professional Development Reward Expertise & Experience Design Thinkers Innovation vs. Habit
Succeeding Internally to Succeed Externally…
What’s on the Municipal Horizon?
Keys to Success
1. Need a champion Great Leader & Manager willing to implement change
2. Early buy-in from stakeholders Trustworthy/Effective communication about what is at stake
and the importance of the change required
3. Define success & manage expectations Develop realistic benchmarks and be consistent throughout
the organization
4. Design Your “A” Team Identify your current stars/recruit new talent and build a
strong team of interdisciplinary collaborators and independent thinkers
Questions?