may 7, 2012 general overview fy 2013 budget. objectives 2 general financial overview detailed...
TRANSCRIPT
May 7, 2012
General Overview FY 2013 Budget
Objectives
2
• General financial overview >Detailed financial and economic presentation
will be presented at May 21, 2012 budget hearing
• Overview of FY 2013 recommended budget document
• Overview of format for May 21st budget hearing
General Financial Overview
• FY 2013 budget process began in September 2011
• Council workshop approved actions included
• Conservative revenue estimates>Total city-wide revenues up 2.6%
>General Fund revenues up 2.8%
• Expenses reflect realistic reductions to address mandatory cost increases and minimize service level impacts>Total city-wide expenses down 4.7%
>General Fund expenses flat
3
FY 2013 Operating Revenues by Category
4
FY 2013 Operating Appropriations by Category
5
By The Numbers
6
FY 2009Actual
FY 2012 Adopted
FY 2013 Recommended
All Funds $759.5 $776.7 $740.4
General Fund $225.1 $215.8 $215.6
FY 2009 Actual
FY 2012 Adopted
FY 2013 Recommended
All Funds 2,427 2,146 2,107
General Fund 1,099 964 950
Appropriations (Millions)
Full-Time Equivalent Positions
Overview of Budget Document
• CM transmittal letter
• Budget summary reports>City-wide appropriations- various sorts (inc CIP and
affiliated agencies)
>City-wide FTEs – various sorts (inc affiliated agencies)
>General Fund appropriations and revenues
• Budget line-item reports>City-wide line item appropriations and revenues
>General Fund line-item appropriations and revenues
7
Overview of Budget Document – con’t
• Department budget narratives>Numbers summary
Appropriations and FTEs
>Department description
>FY 2012 accomplishments
>FY 2013 budget overview
>Future outlook
>Performance measures
8
May 21st Budget Hearing Process
• Detailed financial economic update>Trends and potential impact on FY 2012 and FY 2013
budgets
• Overview of FY 2013 recommended budget>Overview of numbers and assumptions
>Summary explanation of variances from FY 2012
>Budget development changes and rationale
• Department presentations>Summary of numbers
>Changes from FY 2012
>Key strategies/programs for FY 20139
May 21st Budget Hearing Process
• Presentation of various budget adoption resolutions> FY 2013 budget
> FY 2013 GFT from Power Fund
> Taxes, fees, and charges
> General fees
> Gann Limit
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