Download - Mayor's FY12 Budget PowerPoint Presentation
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City of LawrenceFiscal Year 2012 Budget
Moving ForwardSubmitted:
May 31, 2011Mayor William Lantigua
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INHERITED DEFICITS
JANUARY 2010
Failed leadership and chronic mismanagement of public finances
by prior administration led to the following deficit:
Capital Projects $3,965,564
FY08 $1,665,614
FY09 $2,493,709
FY10 $15,875,113
Total Deficit: $24,000,000
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Moving Forward
The Mayors Approach
January 4, 2010Present
Reforms, Efficiencies & Savings
Responsible Budgeting
Moving City Forward
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Reforms/Efficiencies/Savings
January 4th and Counting
Freeze and Mayoral review of all expenses in excess of$1,000.00Executive Order Continues
Freeze and Mayoral/Overseer review of all over timeexpensesExecutive Order
Aggressive collection of water/sewer and property taxbills
Elimination of Solid waster pickup for Commercialproperties
Successful Transition to Group Insurance Commission On-time and on-budget reporting to DOR Increased MUNIS Accounting System Controls
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Moving Forward
Responsible Budgeting Balanced Budget as submitted (2nd year in row)
Structural deficit eliminated No lay-offs; School & City
No one time revenue sources No new borrowing Fire Dept. budget includes funding for 38 Firefighters;
laid off and new recruits (Safer Grant)
Police Dept. budget includes funding for 9 PoliceOfficers that were called back from lay-offs over thispast year
Additional Police funding being sought through COPSgrant (September 2011 decision date)
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Moving City Forward
Will establish Capital Improvement Committee toestablish City priorities moving forward (last done in2003)
Aggressive and Innovative Road Repair Program will
begin this summer utilizing Chapter 90 Road moneywhich totals $1.3 million (off budget item), an increasefrom last year
Park Improvements will continue including our historic
Campagnone Common Water & Sewer Enterprise Fund will begin CapitalImprovements on Fire flow protection, clarification,distribution and treatment plant efficiencies
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Moving Forward
FY 12 Budget Facts FY 12 unrestricted Local Aid Cut = $1.2 million
Increase of debt appropriation of $1.6 million, of which $1.3million is for principal and interest on the $27.3 in borrowing
City will not borrow the remaining $7.6 million in authorization
Retirement Savings based on funding schedule extension until2040, which = $477k
Reduction of Unemployment Appropriation = $700K
Health Care Appropriation Reduction of $1,831,056 due to
successful transition into GIC, of which $1,516,634 is savings forthe transfer of retirees to medicare (effective July 1st)
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Moving Forward
FY 12 Budget Facts
Lawrence Municipal Airport Enterprise Fund (Councilapproval needed)
Water and Sewer Enterprise fund remains healthy
Budget does include a Parking ticket increase (Councilapproval needed) $15.00 - $25.00 for additionalrevenue of $200K
Establishment of Capital Reserve Fund pursuant toChapter 58 of Acts of 2010 (special legislation)
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Moving Forward
The Unions in FY12
Collective Bargaining Negotiationsmust continue in FY12
Union Concessions are Needed Over 30 individuals remain laid-off
which continues to impair all
municipal services for the citizensof Lawrence
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Moving Forward
FY12 Budget Appropriation
$237,381,435
(includes airport and
water/sewer enterprise
funds)
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Moving Forward FY 12 Appropriation BreakdownFY12 Appropriation
$237,381,435
61.30%
8.96%
8.83%
7.14%
6.33%
3.58%
2.79%
0.47%
0.42%
0.09%
0.08%
0.01%
Education
Public Safety
Employee Benefits
Enterprise Funds
Debt Service
Public Works
General Government
Human Services
Culture and Recreation
Property & Auto Insurance
Other Financing Sources
Intergovernmental
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Moving Forward
FY12 Anticipated Revenues
$251, 526,360(includes State Aid, Tax Levy, Local Receipts)
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Moving Forward FY 12 RevenuesFY12 Revenues by Source
Revenues Raised $251,526,360
68.01%
20.65%
11.35%
State Aid $171,050,829
Tax Levy $51,928,568
Local Receipts $28,546,963
M i F d
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Moving Forward
FY 12 Budget
Local Aid Unrestricted Local Aid cut $11.7 million from FY09 FY11
Free Cash:
2005 = $3, 255,813
2006 = (2,490,350)
2007 = (15,112,680)
2008 = (12,098,339)
2009 = Balance Sheet Not Certified
2010 = Balance Sheet Not Certified
2011 = $5,443,486
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Moving Forward
FY 12 New Revenues /Savings We will continue working with City Council on the sale of tax
title property (not included in FY12 revenue projections)
Finalize pay & display parking meter initiative ( not includedin FY12 revenue projections)
Request review and amendments of Licensing Commissionfees
Review financial benefits of Cell Antennas on City ownedproperty and Advertising solicitation
Implement Energy Cost Saving measures throughout Cityowned buildings (Energy Grant $565K)
Continue to monitor and scrutinize all spending
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Moving Forward
FY12 Budget
Balanced Budget proposal for City Councilconsideration and approval with no lay-offs
Conservative revenue projections and accurateexpense proposals
Union concessions still needed to restore levelsof services in all areas of government
Continued reforms, efficiencies and movingLawrence forward will be our focus for FY12
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