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SR-07-09-2013-3FReport City or ID .Mm City Council Santa Monica' City Council Meeting: July 9, 2013 Agenda Item: '�— r To: Mayor and City Council From: Karen Ginsberg, Community & Cultural Services Director Subject: Mayors Challenge Award Recommended Action Staff recommends that the City Council: 1) Authorize the City Manager to accept an award in the amount of $1 million from Bloomberg Philanthropies for The Wellbeing Project; and 2) Authorize the City Manager to negotiate the associated award agreement; and 3) Authorize budget changes as outlined in the Financial Impact & Budget Action section of this report. Executive Summary The City of Santa Monica has been named one of five winning cities in Bloomberg Philanthropies' Mayors Challenge. The $1 M prize will provide funding for The Wellbeing Project to develop and use a dynamic tool to measure community wellbeing. Background Bloomberg Philanthropies announced the first-ever Ma ors Challcnge in Summer 2012, a contest designed to spur innovation in local government. All US cities with populations over 30,000 were eligible to enter an idea that met criteria in four key areas: vision, impact, ability to implement, and replicability. Inspired by work done through the Cradle to Career Initiative and Santa Monica's first Yourn_Welldeina ReiDort Card (released October 2012), Santa Monica submitted a successful entry to address wellbeing across all segments of the community through a combination of measurement and action. 1 Discussion Through The Wellbeing Project, the City of Santa Monica will work with top experts in the fields of behavioral science, economics, public health, and psychology to create a dynamic tool to measure wellbeing, pilot use of findings in City decision- making processes, engage the public, and develop strategies to assist other cities with replicating the project in their communities. The Wellbeing Project will launch by Fall 2013. The Mayors Challenge prize will be used to implement The Wellbeing Project, including partnerships needed to develop the index, engage stakeholders, and create strategies to sustain the project and share it with other cities. The project is expected to take approximately two years to complete. A formal bid process for project partners will be conducted this summer. The Wellbeing Project is an interdepartmental effort, overseen by the Community & Cultural Services Department. Financial Impacts & Budget Actions Award of a $1 M grant from Bloomberg Philanthropies requires the following FY2013 -14 budget changes: 1) Establish a revenue budget in the amount of $1,000,000 at account number 20501.410110. 2) Appropriate expenditure costs at account number 20501.545040. Prepared by: Julie Rusk, Assistant Director, Community & Cultural Services Approved: Karen Ginsb`'yrg I Director, Community &fCultyral Services `a Forwarded to Council: Rod Gould City Manager Reference: Contract No. 9766 (CCS)