What performance measurement reflects what an agency is currently delivering with available resources?

The correct choice reflects a "Baseline," which serves as a reference point for understanding current operations within an agency. A baseline establishes a standard or initial measurement against which performance can be evaluated over time. It indicates what an agency is capable of delivering with its current resources, thus providing a snapshot of existing capabilities.

By having a clear baseline, an agency can assess its efficiency and effectiveness in delivering services. Additionally, it enables the agency to identify areas for improvement and track progress towards future goals. A baseline is critical for setting realistic targets and measuring growth or decline in performance over specific periods.

In contrast, benchmarks are often external standards used for comparison, target performance refers to the desired outcomes an agency aspires to achieve, and performance indicators are specific metrics used to measure various aspects of performance. Each of these serves different purposes but does not specifically reflect the current operational state as the baseline does.