Transcript Slide 1

CITY OF YPSILANTI
2014 GOAL SETTING SESSION
November 21, 2013
City of Ypsilanti: Budget Priorities for FY 2013-2014
As Resolved by City Council on February 5, 2013
COSTS
PRIMARY GOAL
REVENUE
To ensure Ypsilanti’s
long-term financial
viability and
sustainability over
the next five to
twenty years, coupled
with an appropriate
level of city services
SERVICES
DEBT
City of Ypsilanti: Goals
As Resolved by City Council on February 5, 2013
Reorganize employees
1.


2.
3.
4.
5.
6.
7.
8.
9.
10.
Restructure and re-orient the city workforce
Renegotiate union contracts (Tier II)
Manage the city’s debt
Reduce overhead costs (reduced 50% to 30% for civilian
employees)
Design and implement a street light assessment district
Complete the City’s web site, including transferring archives
Audit Motor Pool funds
Revitalize key vacant buildings
Assess and recommend changes to garbage and recycling pick up
Define levels of service and long-term funding for public transit
Engage community on Master Plan process
City of Ypsilanti: Goals (continued)
As Resolved by City Council on February 5, 2013
11.
Address police and fire employee pension and health obligations to
understand the cost of moving to MERS
12.
Market and develop Water Street
Consider City Council committees to assist the city administration
Dedicate more city revenues toward code enforcement and
fire/housing inspection
Use Energy Efficiency Fund to convert lighting to LED
Implement the recommendations in the City Non-Motorized and
Climate Action Plans
Evaluate merging the public housing agencies of Ypsilanti and Ann
Arbor
Explore opportunities for local investing
Continue efforts to bring rail to Ypsilanti
Develop legal action plan to ensure the envelope of the Thompson
Building is met on time
13.
14.
15.
16.
17.
18.
19.
20.
General Fund
Revenues, Expenditures and Fund Balance
$16.0
$14.0
$15.1
$13.9
$13.1
$13.7
$12.9
$12.8
$14.8
$13.5
$12.7
$14.0
$13.0
$14.2
$13.3
$15.2
$14.0
$13.7
$12.0
Millions
$10.0
$8.6
$8.5
$8.0
Minimum Fund Balance (10%
GF Expenditures)
$7.2
Total General Fund Revenues
(millions)
$6.4
Total General Fund
Expenditures (millions)
$5.4
$6.0
Ending Fund Balance (millions)
$4.6
$3.4
$4.0
$2.2
$2.0
$2012
2013
2014
2015
2016
Fiscal Year End
2017
2018
2019
Major Streets Fund
Revenues, Expenditures and Fund Balance
$1,800,000
$1,600,000
$1,400,000
$1,200,000
$1,000,000
$800,000
Revenues
Expenditures
$600,000
Ending Fund Balance
$400,000
$200,000
$0
2012
2013
2014
2015
2016
Fiscal Year End
2017
2018
2019
Local Streets Fund
Revenues, Expenditures and Fund Balance
$800,000
$700,000
$600,000
$500,000
Revenues
$400,000
Expenditures
Ending Fund Balance
$300,000
$200,000
$100,000
$0
2012
2013
2014
2015
2016
Fiscal Year End
2017
2018
2019
Garbage Fund
Revenues, Expenditures and Fund Balance
$1,500,000
$1,000,000
$500,000
Revenues
Expenditures
Ending Fund Balance
$0
2012
2013
2014
2015
2016
-$500,000
-$1,000,000
Fiscal Year End
2017
2018
2019
Motor Pool Fund
Revenues, Expenditures and Fund Balance
$4,500,000
$4,000,000
$3,500,000
$3,000,000
Revenues
Expenditures
$2,500,000
Ending Fund Balance
$2,000,000
$1,500,000
$1,000,000
$500,000
$0
2012
2013
2014
2015
2016
Fiscal Year End
2017
2018
2019
Worker’s Compensation Fund
Revenues, Expenditures and Fund Balance
$1,000,000
$800,000
$600,000
Revenues
$400,000
Expenditures
Ending Fund Balance
$200,000
$2012
$(200,000)
2013
2014
2015
2016
2017
2018
2019