Transcript Slide 1

Overview
Fiscal Year 2015
Recommended Operating
Budget
City Council Work Session
March 25, 2014
City Manager
and the Department of Budget & Evaluation
Forming the FY 2015 Operating Budget
Impacts: Revenue and Expenses
• Major Revenue Impacts
• Slight decrease in Real Estate Assessments
• Signs of economic recovery in local revenues
• Stable revenues from State
• Major Expense Considerations
• Increased Pension and Healthcare costs
• Salary adjustments and employee
training/development
• Cash funding for capital projects
• Maintenance of programs and services
• Continued investment in infrastructure
2
City of Newport News FY 2015 Financial Plan
$887 million
Total Operating Budget
Capital Improvements Plan
$810,882,256
$76,284,429
General Fund
Cash Capital
Debt Service
$446,649,000
Special
Revenue
Funds
$260,587,188
$46,451,775
Separate Funds
$98,625,390
Waterworks
Vehicle Services
CDBG Funds
General Fund
Supported
Projects
Cash Capital
Debt Service
User-fee
Supported
Projects
$29,832,654
24 Funds
School Operating Fund
$294,369,201
Inter and intra fund transfers total $289,348,523
3
FY 2015
Manager Rec
$ figures in millions
FY 2014
Adopted
General Fund
City Transfer to Schools
Net General Fund
$433.4
115.3
318.1
$446.6
115.3
331.3
$13.2
0.0
13.2
3.1%
0.0%
4.2%
285.1
294.4
9.2
3.2%
81.2
18.7
13.6
14.4
84.0
21.1
14.6
16.8
2.8
2.4
1.0
2.4
3.4%
12.8%
7.0%
16.6%
51.3
48.8
(2.6)
(5.0%)
$782.5
$810.9
$28.4
3.6%
School Fund
Waterworks Fund
Wastewater Fund
Solid Waste Fund
Stormwater Fund
All Other Special Revenue and
Trust Funds
Total Operating Budget
$
Change
%
Change
4
FY 2015
Manager Rec
$ figures in millions
FY 2014
Adopted
General Fund
City Transfer to Schools
Net General Fund
$433.4
115.3
318.1
$446.6
115.3
331.3
$13.2
0.0
13.2
3.1%
0.0%
4.2%
285.1
294.4
9.2
3.2%
81.2
18.7
13.6
14.4
83.9
21.1
14.6
16.8
2.7
2.4
1.0
2.4
3.3%
12.8%
7.0%
16.6%
51.3
48.7
(2.6)
(5.1%)
$782.5
$810.8
$28.3
3.6%
School Fund
Waterworks Fund
Wastewater Fund
Solid Waste Fund
Stormwater Fund
All Other Special Revenue and
Trust Funds
Total Operating Budget
$
Change
%
Change
5
FY 2015
Manager Rec
$ figures in millions
FY 2014
Adopted
General Fund
City Transfer to Schools
Net General Fund
$433.4
115.3
318.1
$446.6
115.3
331.3
$13.2
0.0
13.2
3.1%
0.0%
4.2%
285.1
294.4
9.2
3.2%
81.2
18.7
13.6
14.4
83.9
21.1
14.6
16.8
2.7
2.4
1.0
2.4
3.3%
12.8%
7.0%
16.6%
51.3
48.7
(2.6)
(5.1%)
$782.5
$810.8
$28.3
3.6%
School Fund
Waterworks Fund
Wastewater Fund
Solid Waste Fund
Stormwater Fund
All Other Special Revenue and
Trust Funds
Total Operating Budget
$
Change
%
Change
6
FY 2015
Manager Rec
$ figures in millions
FY 2014
Adopted
General Fund
City Transfer to Schools
Net General Fund
$433.4
115.3
318.1
$446.6
115.3
331.3
$13.2
0.0
13.2
3.1%
0.0%
4.2%
285.1
294.4
9.2
3.2%
81.2
18.7
13.6
14.4
83.9
21.1
14.5
16.8
2.7
2.4
0.9
2.4
3.3%
12.8%
6.6%
16.6%
51.3
48.8
(2.5)
(4.9%)
$782.5
$810.8
$28.3
3.6%
School Fund
Waterworks Fund
Wastewater Fund
Solid Waste Fund
Stormwater Fund
All Other Special Revenue and
Trust Funds
Total Operating Budget
$
Change
%
Change
7
FY 2015
Manager Rec
$ figures in millions
FY 2014
Adopted
General Fund
City Transfer to Schools
Net General Fund
$433.4
115.3
318.1
$446.6
115.3
331.3
$13.2
0.0
13.2
3.1%
0.0%
4.2%
285.1
294.4
9.2
3.2%
81.2
18.7
13.6
14.4
83.9
21.1
14.5
16.8
2.7
2.4
0.9
2.4
3.3%
12.8%
6.6%
16.6%
51.3
48.8
(2.5)
(4.9%)
$782.5
$810.8
$28.3
3.6%
School Fund
Waterworks Fund
Wastewater Fund
Solid Waste Fund
Stormwater Fund
All Other Special Revenue and
Trust Funds
Total Operating Budget
$
Change
%
Change
8
FY 2015
Manager Rec
$ figures in millions
FY 2014
Adopted
General Fund
City Transfer to Schools
Net General Fund
$433.4
115.3
318.1
$446.6
115.3
331.3
$13.2
0.0
13.2
3.1%
0.0%
4.2%
285.1
294.4
9.2
3.2%
81.2
18.7
13.6
14.4
83.9
21.1
14.5
16.8
2.7
2.4
0.9
2.4
3.3%
12.8%
6.6%
16.6%
51.3
48.8
(2.5)
(4.9%)
$782.5
$810.8
$28.3
3.6%
School Fund
Waterworks Fund
Wastewater Fund
Solid Waste Fund
Stormwater Fund
All Other Special Revenue and
Trust Funds
Total Operating Budget
$
Change
%
Change
9
FY 2015 Operating Budget Composition
Solid Waste
1.3%
Stormwater
1.5%
School Fund
36.4%
Waterworks
7.6%
Wastewater
1.9%
General
Fund
40.9%
Other Special
Rev and Trust
18.9%
Vehicle
Services
1.2%
CDBG
0.2%
10
FY 2015 Operating Budget Composition
School Fund
36.4%
General
Fund
40.9%
11
Real Estate Assessed Values
Real Estate Assessed Values down
($1.69 billion) since FY 2010
$16
$15.60
$15.30
$15
figures in billions
$15.00
($253m)
$14.70
$14
$14.15
($587m)
$14.15
($154m)
$13.99
($96m)
$13.90
$13.90
$13
Budget
Estimate
$12
12
State Revenue
General Fund
State Reimbursement for Mandated Programs
$72
State Revenue down
($8.4m) since FY 2008
$70
$69.9
$68
$68.0
figures in millions
$66
$64
$66.9
$66.3
$65.1
$62
$60
$61.5
$60.6
$60.5
$58
$56
Budget
Manager
Rec
13
State Support for
Newport News Public Schools
State support for NNPS down
($22m) or -11% since FY 2009
$192
$176
$194.8
$186.4
$160
figures in millions
$172.8
$169.3
$157.2
$158.4
$161.2
$112.2
$115.3
$163.8
$144
$128
$112.1
$112
$113.8
$113.2
$109.2
$115.3
$115.3
Budget
Manager
Rec
City Support
$96
$80
14
General Fund
Revenue
Change in General Fund Revenues
FY 2013
Actual
FY 2015
FY 2014
Adopted Manager Rec
Real Estate Tax1
Personal Property Tax
State Aid2
Sales Tax
3
Utility Taxes
Machinery and Tools Tax
Meal Tax
BPOL Tax
All Other Taxes / Fees
$157.3
48.6
39.6
22.6
$169.8
51.2
40.8
22.4
19.5
19.8
22.1
16.2
72.6
Total Operating Budget
$418.3
$ figures in millions
$
Change
%
Change
$0.4
1.1
0.0
0.9
0.2%
2.2%
0.0%
4.1%
19.7
17.7
21.9
16.1
73.9
$170.2
52.3
40.8
23.3
19.8
18.2
23.1
16.5
82.6
0.1
0.5
1.2
0.3
8.7
0.3%
2.8%
5.3%
2.1%
11.8%
$433.4
$446.6
$13.2
3.1%
1
Includes Public Service Corporations, Tax Relief, and Delinquencies
Includes Shared Expenses and Categorical Aid
3
Includes Telecommunications, Consumption, Wireless and Electric/Gas Utility
2
16
Change in General Fund Revenues
FY 2013
Actual
FY 2015
FY 2014
Adopted Manager Rec
Real Estate Tax1
Personal Property Tax
State Aid2
Sales Tax
3
Utility Taxes
Machinery and Tools Tax
Meal Tax
BPOL Tax
All Other Taxes / Fees
$157.3
48.6
39.6
22.6
$169.8
51.2
40.8
22.4
19.5
19.8
22.1
16.2
72.6
Total Operating Budget
$418.3
$ figures in millions
$
Change
%
Change
$0.4
1.1
0.0
0.9
0.2%
2.2%
0.0%
4.1%
19.7
17.7
21.9
16.1
73.9
$170.2
52.3
40.8
23.3
19.8
18.2
23.1
16.5
82.6
0.1
0.5
1.2
0.3
8.7
0.3%
2.8%
5.3%
2.1%
11.8%
$433.4
$446.6
$13.2
3.1%
1
Includes Public Service Corporations, Tax Relief, and Delinquencies
Includes Shared Expenses and Categorical Aid
3
Includes Telecommunications, Consumption, Wireless and Electric/Gas Utility
2
17
Change in General Fund Revenues
FY 2013
Actual
FY 2015
FY 2014
Adopted Manager Rec
Real Estate Tax1
Personal Property Tax
State Aid2
Sales Tax
3
Utility Taxes
Machinery and Tools Tax
Meal Tax
BPOL Tax
All Other Taxes / Fees
$157.3
48.6
39.6
22.6
$169.8
51.2
40.8
22.4
19.5
19.8
22.1
16.2
72.6
Total Operating Budget
$418.3
$ figures in millions
$
Change
%
Change
$0.4
1.1
0.0
0.9
0.2%
2.2%
0.0%
4.1%
19.7
17.7
21.9
16.1
73.9
$170.2
52.3
40.8
23.3
19.8
18.2
23.1
16.5
82.6
0.1
0.5
1.2
0.3
8.7
0.3%
2.8%
5.3%
2.1%
11.8%
$433.4
$446.6
$13.2
3.1%
1
Includes Public Service Corporations, Tax Relief, and Delinquencies
Includes Shared Expenses and Categorical Aid
3
Includes Telecommunications, Consumption, Wireless and Electric/Gas Utility
2
18
Change in General Fund Revenues
FY 2013
Actual
FY 2015
FY 2014
Adopted Manager Rec
Real Estate Tax1
Personal Property Tax
State Aid2
Sales Tax
3
Utility Taxes
Machinery and Tools Tax
Meal Tax
BPOL Tax
All Other Taxes / Fees
$157.3
48.6
39.6
22.6
$169.8
51.2
40.8
22.4
19.5
19.8
22.1
16.2
72.6
Total Operating Budget
$418.3
$ figures in millions
$
Change
%
Change
$0.4
1.1
0.0
0.9
0.2%
2.2%
0.0%
4.1%
19.7
17.7
21.9
16.1
73.9
$170.2
52.3
40.8
23.3
19.8
18.2
23.1
16.5
82.6
0.1
0.5
1.2
0.3
8.7
0.3%
2.8%
5.3%
2.1%
11.8%
$433.4
$446.6
$13.2
3.1%
1
Includes Public Service Corporations, Tax Relief, and Delinquencies
Includes Shared Expenses and Categorical Aid
3
Includes Telecommunications, Consumption, Wireless and Electric/Gas Utility
2
19
General Fund Revenues
$ figures in millions
General Property Taxes
Other Revenues
Other Local Taxes
Permits, Fees, Reg Licenses
Fines and Forfeitures
Use of Money and Property
Charges for Services
Miscellaneous Revenue
Recovered Costs
Non-Categorical Aid
Shared Expenses
Categorical Aid
Non-Revenue Receipts
Payments from Other Funds
Total Revenues
FY 2013
Actual
FY 2014
Adopted
FY 2015
Manager Rec
$244.4
$227.2
$242.4
96.5
0.0
97.4
3.1
2.7
2.3
5.4
18.0
10.0
0.8
9.3
31.5
10.1
0.5
101.0
3.1
2.7
2.3
5.9
19.2
12.1
0.8
9.3
31.5
14.1
0.3
$418.3
$433.4
$446.6
2.8
3.0
2.1
5.9
18.0
10.1
0.9
9.1
30.6
12.2
$
Change
$2.0
3.7
0.1
0.0
0.0
0.5
1.2
2.1
0.0
0.0
0.0
3.9
(0.2)
$13.2
%
Change
0.8%
3.8%
1.7%
0.0%
0.0%
9.4%
6.6%
21.2%
0.0%
0.0%
0.0%
38.5%
(41.1%)
3.1%
20
General Fund Revenue
FY 2015 Recommended Budget - $446 million
Other
Local Taxes
$101.0
23%
General
Property
Taxes
$244.4
55%
State
Revenue
$40.8
9%
City Fees
and Charges
$59.8
13%
21
General Fund Revenue
FY 2015 Recommended Budget - $446 million
Other Local
Taxes
$101.0
23%
General
Property
Taxes
$244.4
55%
78% or $345.4 m
comes from
2 revenue categories
22
Real Estate Tax Rate
$1.30
$1.27
$1.25
$1.22
$1.24
$1.20
$1.22
$1.20
$1.15
$1.10
$1.10
$1.10
$1.10
$1.10
$1.10
$1.10
$1.05
$1.00
23
Real Estate Tax Revenue
$172
$172.6
$169.8
$168
$168.4
figures in millions
$164
Tax Rate
Increased
to
$1.22
$162.6
$160
$156
$166.5
$156.3
$170.2
$156.8
$152
$148
$144
$140
Budget
Manager
Rec
24
General Fund Operating Budget
$470
$450
$446.6
figures in millions
$430
$433.0
$433.0
$421.1
$410
$415.6
$411.0
$414.6
$414.5
Tax Rate
Increased
to
$1.22
$390
$389.4
$370
Budget
$350
Manager
Rec
25
General Fund
Expenses
General Fund
Expenditure Increases
•
•
•
•
•
•
•
•
Pension increase
Health Insurance Premium increase
Salary Adjustment, Merit-based
Compression Adjustment
Employee Investment – Training & Development
Increase in Cash Capital funding
Support Strategic Priorities
Continued funding for street paving, vehicles and IT
equipment
• Corrective actions
27
General Fund Expenditures
$ figures in millions
FY 2013
Actual
FY 2014
Adopted
Full-Time Salaries1
$111.2
$121.4
59.7
34.1
62.7
6.8
2.8
90.3
113.4
36.1
FY 2015
Manager Rec
$122.5
67.0
6.7
2.6
95.6
115.3
36.9
$414.8
$433.4
$446.6
2
Fringe Benefits
Utilities
Fuel
Other
City Support for Schools
Debt Service
Total Expenditures
6.9
2.6
88.1
112.2
$
Change
%
Change
$1.1
0.9%
4.3
(0.1)
(0.2)
5.3
1.9
0.8
6.9%
(1.1%)
(6.0%)
5.9%
1.7%
2.3%
$13.2
3.1%
1
Does not include proposed salary adjustment
2
Includes FICA, Retirement, Group Health, Dental, Vision Care, Group Life, and Workers' Compensation
28
General Fund Expenditures
FY 2015 Recommended Budget - $446m
Community,
Regional Support
$9.5m
Vehicle and IT
Replacement
$2.5m
Contractual
Services
$15.8m
Utilities,
Vehicle Fuel
$9.3m
All Other
$104.9
24%
Debt Service
$36.9
8%
Support for
Schools
$115.3
26%
Salaries
and
Fringes
$189.5
42%
29
General Fund Expenditures
FY 2015 Recommended Budget - $446m
68% or $304.8 m
of General Fund expense
in 2 categories
Support
for Schools
$115.3
26%
Salaries
and
Fringes
$189.5
42%
30
General Fund Expenditure Categories
FY 2015 Recommended Budget - $446m
Health &
Welfare
$35.6
8%
All Other
$154.2
35%
Debt Service
$36.9
8%
Support for
Schools
$115.3
26%
Public
Safety &
Corrections
$104.6
23%
31
General Fund Expenditure Categories
FY 2015 Recommended Budget - $446m
Health &
Welfare
$35.6
8%
Support for
Schools
$115.3
26%
Public
Safety &
Corrections
$104.6
23%
32
Pension Costs – All Funds
$18.8m increase
from FY 2010
$35.9
$35.0
$31.9
$30.0
$30.6
Employee Contribution
Figures in Millions
VRS Retirement
$25.0
$25.5
NNERF Pension
$22.4
$20.0
$17.1
$15.0
Budget
$10.0
Manager
Rec
33
Healthcare Costs – General Fund
$19.8
$20.0
$18.8
$17.3
Figures in Millions
$17.5
$15.3
$15.0
$14.1
$14.5
$12.5
Budget
Manager
Rec
$10.0
34
General Fund Positions
Since FY 2009:
Gross reduction of 253 positions
Net reduction of 179 GF positions
2,800
2,700
2,739
2,692
2,600
2,500
2,608
2,602
2,594
2,578
2,560
2,400
35
FY 2015 General Fund Position Changes
Eliminated Filled
Real Estate Assessor
Administrative Assistant II
Information Technology
Network Engineer
Clerk of Courts
Deputy Clerk II
Fire
Fire Public Educator
Engineering
Environmental Sustainability Specialist
Administrative Coordinator
Human Services
Senior Citizen Advocate
Staff Supervisor
Accounting Specialist
Resource Coordinator
Administrative Assistant II
Eligibility Worker II
Social Worker II
Social Worker Aide
Financial Analyst - Comp. Services Act
Housing Specialist Supervisor
Housing Broker Specialist
Eliminated Vacant
Transferred
Added
-1
-2
1
-1
-1
-1
-1
-1
-1
-1
-2
-2
-1
-2
-1
1
1
36
FY 2015 General Fund Position Changes
Eliminated Filled
Parks, Recreation and Tourism
Administrative Assistant II
Recreation Facility Supervisor
Libraries and Information Services
Library Technician
TOTAL
Eliminated Vacant
Transferred
Added
-1
3
-1
-1
-1
-2
-18
FY 2015 Citywide (all funds) -Eliminated 28 positions
-Added or transferred 5
-Net decrease of 23 positions
37
FY 2015 Major Adjustments
Unfunded Requests = $11.9m
Increase
Average 3% Salary Adjustment
Salary Compression
Decrease
$3,866,000
950,000
Retirement Increases – NNERF and VRS
3,230,000
Cash Capital Increase
4,151,000
Debt Service Increase
813,000
COPS Grant Local Match
193,000
Hampton Roads Regional Jail
308,400
Peninsula Regional Animal Shelter
112,290
Adult Dental Services – Health Department
294,600
Tourism Zone Savings
($167,900)
Department Efficiencies & Cost Saving Efforts
(1,791,300)
Position Adjustments
(1,019,000)
38
FY 2015 Major Adjustments - REVISED!
VRS Rate Reduction
(Revised rate 9.13% down to 6.01%)
$900,000
HR Regional Jail Per Diem Reserve
$366,825
Special Event Fund Restored Funding
$250,000
HRT Operating Increase Reserve
$136,080
Wellness Program – Health Assessment
$100,000
IT Technology Equipment
$47,095
Final FY 2015 Reassessment Levy
Vehicle Replacement Fund
$1,000,000
$1,000,000
39
FY 2015 Support for Strategic Priorities
Community Maintenance and Renewal
Increased funding for demolitions
Level funding for street paving
Economic Development and Redevelopment
Increased support for Museums, continued Cultural Attractions Fund
Maximum Emphasis on Public Safety
Continued funding for Youth and Gang Violence Initiative
Support for COPS Grant
Sustainable Local Governmental Policies
Reorganization of Environmental Services Division
Fiscal Management and Efficient Operations
Commitment to Pension Obligations and Cash Contribution in CIP
Reorganization of Human Services staff to provide increased services
40
Other Funds
Local Funding for Schools
$115,300,000
• Level local funding from the current fiscal year
• State revenue is estimated to increase by $9m
FY 2014
Adopted
FY 2015
Recommended
$115,300,000
$115,300,000
Base School Support for Operations
99,814,210
99,983,133
School Technology Plan Operations
2,409,570
2,409,570
12,476,220
12,307,297
600,000
600,000
Total General Fund Support
Comprised of:
School Debt Service
Grounds Maintenance
42
Waterworks
$83,950,000
• Operating increase of $2.75m or 3.4% from the
current fiscal year
• Increased Retirement and Health Insurance costs, Salary
Adjustment
• Need for maintenance and system improvements
• Demand for water becoming stable
• No change in Water Rate - $3.08/$3.55 per HCF
• Proposed increase in service fee
• $1 per month for typical single-family residential connection
• Proposed fee adjustments to cover cost of providing services
43
Waterworks
$83,950,000
Meter Size
(Inches)
5/8
3/4
1
1 1/2
2
3
4
6
8
10
FY 2014 Current
Monthly
Bi-Monthly
Charge
Charge
$14.70
$22.00
$17.60
$27.90
$23.50
$39.60
$38.00
$69.00
$57.00
$106.00
$122.00
$235.00
$176.00
$345.00
$324.00
$641.00
$502.00
$996.00
$704.00
$1,402.00
FY 2015 Recommended
Monthly
Bi-Monthly
Charge
Charge
$16.00
$24.00
$19.20
$30.40
$25.60
$43.20
$41.60
$75.20
$62.40
$115.20
$133.00
$256.00
$192.00
$376.00
$354.00
$699.00
$547.00
$1,086.00
$768.00
$1,529.00
44
Solid Waste
$14,554,000
• Operating increase of $950,000 or 7% from the
current fiscal year
• Increased Retirement and Health Insurance costs, Salary
Adjustment
• Household Hazardous Waste program to expand to all
residents
• Operating expenses associated with new trailer at
Recovery Operations Center
• Fund to pay maintenance costs previously in CIP
• Fund to pay full indirect costs to General Fund
45
Solid Waste
$14,554,000
• Medium Container
• Increase of $0.40 per week, $20.80 per year
• Large Container
• Increase of $0.50 per week, $26.00 per year
Rate structure changes
Container Size
Medium (60 gallons)
Standard (90 gallons)
FY 2014
Current
FY 2015
Recommended
Cost per week
$5.00
$6.25
$5.40
$6.75
Note: Rate for 60-gallon container is set 20% less than rate for a standard 90gallon container
46
Wastewater
$21,084,000
• Operating increase of $2.4m or 12.8% from the
current fiscal year
• Increased Retirement and Health Insurance costs, Salary
Adjustment
• Federally-mandated Regional Consent order continues to
drive costs
• Fund to pay full indirect costs to General Fund
• No Change in Sewer User Fee - $3.21 per HCF
• Recommended new monthly service fee to provide stable
revenue source
47
Wastewater
$21,084,000
• No increase in Sewer User Fee
• Proposed Monthly Service Fee of $4
FY 2014
Current
FY 2015
Recommended
Rate per HCF used
$3.21
$3.21
Monthly Service Fee
$0
$4.00
Rate structure changes
Sewer User Fee
48
Stormwater
$16,800,000
• Operating increase of $2.39m or 16.6% from the
current fiscal year
• Impact of Federal and State Stormwater Regulation
• 2 major components
• MS4 – Municipal Separate Storm Sewer System
• TMDL – Total Maximum Daily Load; Chesapeake Bay
Preservation Act
• Increased Retirement and Health Insurance costs, Salary
Adjustment
• Fund to pay full indirect costs to General Fund
• Fund to pay maintenance costs previously in CIP
49
Stormwater
$16,800,000
• Stormwater Management Fee
• Increase of $1.75 per Equivalent Residential Unit
(ERU) per month; $21 per year
Rate structure changes
Stormwater Management Fee
Rate/ ERU per month
Annual Rate per 1 ERU
FY 2014
Current
FY 2015
Recommended
$8.00
$96.00
$9.75
$117.00
50
Impact on Typical Household
Weekly
Increase
Monthly
Increase
Annual
Increase
Real Estate Tax
($0.45)
($1.96)
($23.55)
Stormwater Fee
0.40
1.75
21.00
Solid Waste Fee
0.50
2.17
26.00
Sewer User Fee
0.00
0.00
0.00
Sewer Monthly Service Fee
0.92
4.00
48.00
Water Fees and Rates
0.23
1.00
12.00
$1.60
$6.96
$83.45
Total Impact
51
Next Steps
 City Council adopts Public Hearing Schedule
 Topic-specific presentations during April Work Sessions
 Position Papers distributed by April 4th
 Budget available on City’s webpage at
http://www.nngov.com
 Hard copies available at each public library and in the
Budget and Evaluation Department
 FY 2015 Budget Advertisement for Public Hearings will be
in the Daily Press on March 30th and April 8th
 Contact Department of Budget and Evaluation at 926-8733
53
end
Appendix
figures in millions
Personal Property Taxes
$54.0
$53.0
$52.0
$51.0
$50.0
$49.0
$48.0
$47.0
$46.0
$45.0
$44.0
$43.0
$42.0
$41.0
$40.0
Rate increase from
$4.25 to $4.50
for FY 2013
$52.3
$51.2
$49.0
$47.0
$47.4
$44.8
$44.7
$45.5
Budget
Manager
Rec
56
Machinery and Tools Taxes
$19.0
$18.0
$17.4
figures in millions
$17.0
$17.7
$15.6
$15.0
$14.6
$14.0
$13.1
$12.0
Budget
$11.0
$18.2
$16.4
$16.0
$13.0
$18.0
Manager
Rec
57
Sales Tax
$24.0
$23.0
$23.3
$23.1
figures in millions
$22.6
$22.0
$21.0
$22.4
$21.7
$21.5
$21.2
$20.9
$20.0
Budget
$19.0
Manager
Rec
58
Meal Tax
$24.0
$23.0
Rate increase from
6.5% to 7.5%
for FY 2013
figures in millions
$22.0
$23.1
$22.1
$21.9
$21.0
$20.0
$19.0
$18.8
$18.0
$17.0
$18.3
$18.1
$17.8
$17.8
Budget
Manager
Rec
59
Business, Professional and
Occupational License Taxes
$17.0
$16.5
figures in millions
$16.0
$15.0
$16.1
$15.3
$15.1
$16.2
$16.1
$15.1
$14.7
Budget
$14.0
Manager
Rec
60
General Fund Expenditure Categories
FY 2015 Budget - $446m
$140,000,000
$120,000,000
$100,000,000
$80,000,000
$60,000,000
$40,000,000
$20,000,000
$0
61
Cost Saving Efforts Already Implemented
• Staffing reductions – more than 253 positions
(net decrease in General Fund of 179 positions)
• Adjustments to service levels
• Delayed vehicle and equipment replacement
• Increased use of technology
• Reductions to Community Support Grant program
• Use of cash capital in lieu of debt for capital projects
• Delay/defer street maintenance work
• Converted Tax Relief program from abatement to deferral
62