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HomeMy WebLinkAboutItem 15 - PresentationFY 2020 GENERAL FUND BASELINE BUDGET 1 FY 2020 Summary 2 Category FY20 Baseline Revenues 195.0$ Expenditures 201.2 Surplus/Deficit (6.2)$ General Fund Revenues and Expenditures Summary (in millions) Balancing FY 2020 City Manager’s Proposed Budget One-time solutions incorporated into the City Manager’s Proposed Budget 3 FY 2019 Budget Carry Forward Balance $ 2.5 PFDIF Loan Repayment 1.5 Increased Department Revenue Recovery 1.0 Increased Salary Savings 1.2 Estimated Total(1)$ 6.2 FY 2020 Est. Budget Deficit 6.2 Projected FY 2020 Budget Surplus/(Deficit)$ - (1)Estimated figures. Actual results may require FY 2020 Mid-Year adjustment. Allocation of General Fund Discretionary Revenues •General Fund Discretionary revenue is the amount available after paying for obligated expenses Development Services (GF) Department Budgeted Department Expenses $2,832,000 -Department Generated Revenues $2,135,000 Department Net Cost $ 697,000 4 FY 2020 Proposed Budget Departmental Net Cost 5 Department FY 2020 Projected Department Expenditures(1)(2) FY 2020 Projected Department Generated Revenues(1) Net Cost (Exp - Rev) Percentage (%) of Net Cost City Council $1,578,247 $0 $1,578,247 1.2% Boards and Commissions 11,841 0 11,841 0.0% City Clerk 1,027,451 9,000 1,018,451 0.8% City Attorney 3,216,158 423,591 2,792,567 2.2% Administration 2,187,041 23,375 2,163,666 1.7% Information Technology Srvcs 3,782,209 143,702 3,638,507 2.8% Human Resources 2,974,538 446,299 2,528,239 2.0% Finance 4,001,052 1,340,626 2,660,426 2.1% Animal Care Facility 2,707,314 1,254,070 1,453,244 1.1% Economic Development 2,143,510 1,073,304 1,070,206 0.8% Development Services 2,832,162 2,134,635 697,527 0.5% Engineering & Capital Projects 7,522,607 6,651,168 871,439 0.7% Police(3) 67,599,706 7,174,365 60,425,341 47.0% Fire(3) 39,413,210 3,839,915 35,573,295 27.7% Public Works 10,253,023 6,662,879 3,590,144 2.8% Parks and Recreation 8,189,196 2,592,907 5,596,289 4.4% Library 3,769,706 829,900 2,939,806 2.3% Sub-total $163,208,971 $34,599,736 $128,609,235 100.0% Non-Departmental 5,699,130 159,688,687 Total $168,908,101 $194,288,423 PERS Unfunded Liability $17,999,744 Discretionary Costs $110,609,491 (1) Estimated figures. (2) Figure does not include approximately $51.3 million in obligated or assigned expenditures such as debt service payments and internal service charges. (3) Expenditures include full allocation of Measure A resources. FY 2020 Department Revenues and Expenditures 6 FY 2020 Department Net Cost (estimated) 7 Public Safety 75% Police Fire City Services 12% City Council Boards and Commissions City Clerk City Attorney Administration Information Technology Srvcs Human Resources Finance Community Services 13% Animal Care Facility Economic Development Development Services Engineering & Capital Projects Public Works Parks and Recreation Library FY 2017 Department Net Cost 8 Public Safety 68% Police Fire City Services 15% City Council Boards and Commissions City Clerk City Attorney Administration Information Technology Srvcs Human Resources Finance Community Services 17% Animal Care Facility Economic Development Development Services Engineering & Capital Projects Public Works Parks and Recreation Library Net Cost Comparison FY 2017 and FY 2020 9 Department FY 2017 FY 2020 City Council $1,430,031 $1,578,247 $148,216 Boards and Commissions 32,601 11,841 (20,760) City Clerk 918,603 1,018,451 99,848 City Attorney 2,704,131 2,792,567 88,436 Administration 2,017,146 2,163,666 146,520 Information Technology Srvcs 3,635,733 3,638,507 2,774 Human Resources 2,213,851 2,528,239 314,388 Finance 2,189,644 2,660,426 470,782 Animal Care Facility 1,339,685 1,453,244 113,559 Economic Development 912,324 1,070,206 157,882 Development Services 459,176 697,527 238,351 Engineering & Capital Projects 164,937 871,439 706,502 Police 42,744,935 60,757,404 18,012,469 Fire 23,523,486 35,905,358 12,381,872 Public Works 8,625,202 3,590,144 (5,035,058) Parks and Recreation 1,737,496 5,596,289 3,858,793 Library 2,890,901 2,939,806 48,905 $97,539,882 $129,273,361 $31,733,479 Change in Net Cost Net Cost Net Cost Comparison FY 2017 and FY 2020 10 Status Update •Staff will continue to develop the FY 2020 City Manager’s Proposed Budget •Staff will present a balanced FY 2020 City Manager’s Proposed Budget for Council consideration on May 21st 11 Next Steps •As requested by the City Council, staff will return within 90 days with report on public safety standards •Staff will return in Fall 2019 with a three (3) year budget balancing plan •Due to the magnitude of the projected deficit, staff will begin early development of the FY 2021 proposed budget 12 Pension Costs 13 QUESTIONS? 14