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City of New Orleans. Financial Overview. City of New Orleans. Budget Overview. (in millions). Revenue. Expenditure. 2006. 2005. 2006. 2005. $460. $620. Operating Budget . $620. $460. Capital Budget. $ 70. $0.2. $ 70. $0.2. $58. Unk. $ 57. $58. Bd. of Liquidation. - PowerPoint PPT Presentation

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<ul><li><p>City of New OrleansFinancial Overview</p></li><li><p> City of New Orleans Budget Overview Revenue Expenditure 2005 2006 2005 2006 (in millions) Operating Budget $620 $460 $620 $460 Capital Budget $ 70 $0.2 $ 70 $0.2 Bd. of Liquidation $58 Unk. $ 57 $58 Slide 2 </p></li><li><p>City Operating Budget Revenue</p><p>(in millions)20052006</p><p>General Fund$453$317</p><p>Other Funds 167 143</p></li><li><p> 45-80%</p></li><li><p>33.4 7.0 .2</p></li><li><p>Chart3</p><p>152.5</p><p>112</p><p>56</p><p>23</p><p>64</p><p>152</p><p>55</p><p>89</p><p>Revenue by Source, 2005</p><p>Sheet1</p><p>Police124Police124</p><p>Housing43Housing43</p><p>CAO53CAO53</p><p>Fire51Fire51</p><p>Mayor31Mayor31</p><p>Sanitation35Sanitation35</p><p>Health20Health20</p><p>Public Works19Public Works19</p><p>Finance13Finance13</p><p>Property Mgt.11Property Mgt.11</p><p>Law10Law10</p><p>City Council12City Council12</p><p>Parks7Other40</p><p>Safety &amp; Permits5</p><p>Econ. Dev.7</p><p>Recreation8</p><p>Human Svcs.2</p><p>Civil Service2</p><p>Other9</p><p>Revenues by Source, 2005</p><p>Sales tax152.5</p><p>Prop. Tax - ops.112</p><p>Prop. Tax - debt.56</p><p>Other taxes23</p><p>Lic. &amp; Permit64</p><p>Intergov.152</p><p>Svc. Charges55</p><p>Other89</p><p>Sheet1</p><p>Exp. by Dept., 2005</p><p>Sheet2</p><p>Revenue by Source, 2005</p><p>Sheet3</p></li><li><p>Source 1996 BGR report Property Taxes in New Orleans: Who Pays? Who Doesnt? And Why?</p><p>Chart1</p><p>0.35</p><p>0.17</p><p>0.28</p><p>0.2</p><p>Taxable Exempt Homestead ExemptPublicly Owned Exempt Other Privatly Owned</p><p>Taxable and Tax Exempt Real Property</p><p>Exempt, Other Privately Owned 20%</p><p>Exempt, Publicly Owned 28%</p><p>Homestead Exempt 17%</p><p>Taxable 35%</p><p>Sheet1</p><p>% change</p><p>Taxes$260,437,800$52,201,32079.96%</p><p>Licenses &amp; Permits63,876,10022,126,40065.36%</p><p>Intergovernmental12,249,8476,694,03045.35%</p><p>Charges for Services55,030,32410,811,57680.35%</p><p>Fines &amp; Forfeits18,156,3814,127,40377.27%</p><p>Miscellaneous22,392,8324,382,00080.43%</p><p>Other Financing Sources20,883,390217045114-939.319354%</p><p>TOTAL GENERAL FUND$452,976,674$317,387,84329.93%</p><p>Taxable35%</p><p>Exempt Homestead17%</p><p>ExemptPublicly Owned28%</p><p>Exempt Other Privatly Owned20%</p><p>Sheet2</p><p>Sheet3</p></li><li><p>City Operating Budget Expenditures</p><p>(in millions)</p><p>2005</p><p>2006</p><p>City Departments</p><p>$464</p><p>$324</p><p>Judicial and Parochial Offices</p><p>46</p><p>27</p><p>Debt (excluding bonded indebtedness)</p><p>38</p><p>39</p><p>Unattached Board and Commissions</p><p>14</p><p>16</p><p>Miscellaneous Programs</p><p>8</p><p>4</p><p>Anticipated Grant Expenditures</p><p>50</p><p>50</p><p>Total</p><p>$620</p><p>$460</p><p>C:\DOCUME~1\Robert\LOCALS~1\Temp\~WRO0000.doc</p></li><li><p>2005 2006 3 2 3 2 2$45$27</p></li><li><p>$70 $0 70 4910 732005 2006</p></li><li><p>Chart2</p><p>124</p><p>43</p><p>53</p><p>51</p><p>31</p><p>35</p><p>20</p><p>19</p><p>13</p><p>11</p><p>10</p><p>12</p><p>40</p><p>Exp. by Dept., 2005</p><p>Sheet1</p><p>Police124Police124</p><p>Housing43Housing43</p><p>CAO53CAO53</p><p>Fire51Fire51</p><p>Mayor31Mayor31</p><p>Sanitation35Sanitation35</p><p>Health20Health20</p><p>Public Works19Public Works19</p><p>Finance13Finance13</p><p>Property Mgt.11Property Mgt.11</p><p>Law10Law10</p><p>City Council12City Council12</p><p>Parks7Other40</p><p>Safety &amp; Permits5</p><p>Econ. Dev.7</p><p>Recreation8</p><p>Human Svcs.2</p><p>Civil Service2</p><p>Other9</p><p>Sheet1</p><p>Expenditures by Dept.</p><p>Sheet2</p><p>Exp. by Dept., 2005</p><p>Sheet3</p><p>Slide 1Slide 3Assessed Value of Real EstateTaxable 35%Exempt Homestead17%Exempt Publicly Owned28%Exempt Other Privately Owned20%Source 1996 BGR report Property Taxes in New Orleans: Who Pays? Who Doesnt? And Why?</p></li></ul>