Download - City of New Orleans
City of New Orleans
Financial Overview
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
City Operating Budget Revenue (in millions) 2005 2006 General Fund $453 $317 Other Funds 167 143
City Operating Budget, Consolidated Revenues (in millions) 2005 2006 % change Taxes $260 $52 Licenses & Permits 64 22 -65% Intergovernmental 12 7 -45% Charges for Services 55 11 -80% Fines & Forfeits 18 4 -77% Miscellaneous 22 4 -80% Other Financing Sources 21 217 +939% TOTAL GENERAL FUND $453 $317 -30%
Anticipated Grants 50 50 Grant Funds 45 43 Comm. Dev. Funds 45 Special Revenue Funds 19 2 Library Fund 8 3 Self-Generated Fund ___1 0 TOTAL OTHER FUNDS $167 $143
45
-80%
City Tax Revenue 2005 2006 Sales tax $152.5 $21.3 Property tax 111.9 Utility tax 11.5 2.0 Doc. Trans. tax Other tax 4.3 -- TOTAL $260.4 $52.2 Bd of Liquidation $56.0 Unknown
33.4
7.0 .2
Property Tax Millages, City of New Orleans (2005 Rates) City of New Orleans General Alimony Fund 14.91 Fire & Police 6.40 Public Libraries 4.32 Housing/Economic Development 2.50 Parkway & Recreation 3.00 Street & Traffic Control 1.90 Capital Infrastructure 2.50 City Homestead Exempt 35.53 Fire (not homestead exempt 5.21 Police (not homestead exempt) 5.26 City Total 46.00 Board of Liquidation, City Debt 28.40
Revenue by Source, 2005
Sales tax
Prop. Tax - ops.
Prop. Tax - debt.
Other taxesLic. & Permit
Intergov.
Svc. Charges
Other Sales tax
Prop. Tax - ops.
Prop. Tax - debt.
Other taxes
Lic. & Permit
Intergov.
Svc. Charges
Other
Source 1996 BGR report Property Taxes in New Orleans: Who Pays? Who Doesn’t? And Why?
Taxable and Tax Exempt Real Property
Exempt, Other Privately Owned
20%
Exempt, Publicly Owned 28%
Homestead Exempt 17%
Taxable 35%
City Operating Budget Expenditures (in millions) 2005 2006 City Departments $464 $324 Judicial and Parochial Offices
46 27
Debt (excluding bonded indebtedness)
38 39
Unattached Board and Commissions
14 16
Miscellaneous Programs
8 4
Anticipated Grant Expenditures
50 50
Total $620 $460
City Expenditures by Department Operating Expenditures
Figures in $millions, rounded
2005 2006 % Chg
Police 124 101 -19% Mayor – Neighborhood 1 43 42 -2 Chief Admin Office 53 40 -25 Fire 51 40 -22 Mayor 31 22 -30 Sanitation 35 21 -41 Health 20 16 -22 Public Works 19 10 -50 Finance Operations Only 13 6 -56 Property Management 11 6 -45 Law 10 6 -32 City Council 12 4 -66 Parks & Parkways 7 4 -52 Safety & Permits 5 3 -37 Mayor – Economic Development
7 2 -75
Recreation 8 1 -90 Human Services 2 1 -63 Civil Service 2 1 -58 Other 9 0 -100 Totals 464 324 -30
38 39 +2
City Expenditures for Judicial and Parochial Offices, Approved Budgets Criminal Sheriff $30 $16 D.A. Office Clerk, Crim. D.C. Juvenile Court 2 1 Coroner’s Office 2 1 Crim. Dist. Court 1 Municipal Court 1 1 Traffic Court 1 1 Registrar of Voters 0 0 Judicial Retirement 0 0 Civil District Court 0 0 City Court 0 0 Total
2005 2006
3 2 3 2
2
$45 $27
City Capital Budget (in millions) Revenues Expenditures: Major Components Major & minor streets Parks & Recreation Other Public Facilities City’s Energy Mgmt. Program
$70 $0
70
4910 7
3
2005 2006
Exp. by Dept., 2005
Police
Housing
CAOFire
Mayor
Sanitation
Health
Public Works
FinanceProperty Mgt.
LawCity Council
Other
Police
Housing
CAO
Fire
Mayor
Sanitation
Health
Public Works
Finance
Property Mgt.
Law
City Council
Other