Financial Data FOR FISCAL YEAR 2013-2014 Budget Goals Cope with - PowerPoint PPT Presentation

Financial Data FOR FISCAL YEAR 2013-2014

Budget Goals  Cope with RLC disappearance  Identify US 290 ancillary costs  Fee review year  Get ahead of county / state increases  Review long-standing contractual relations

Systematic Issues  Aging facilities  Sewer plant replacement  Legislative initiatives / fixes  Strategic Planning  Salary comparability

General Fund Revenues

Revenue Estimates General Fund - FY 13-14 3 % Other 27% Sales Tax 43 % Property Tax Interfund 13 % Chgs for Franchise Fees & Fines Services 7 % 2 % 8 %

Assessed Valuations: FY 07 through FY 14 900 800 700 Millions 600 500 400 300 200 100 0 07 08 09 10 11 12 13 14

Sales Tax Trend FY10 – FY13 400000 350000 300000 250000 200000 150000 100000 FY 10 FY 11 FY 12 FY 13 50000

Franchise Fees, Service Fees & Fines  Slightly decreasing Franchise revenue  Court fines modestly trending up  Permits activity: slight increase  No interest  Comprehensive fee review

General Fund Expenditures

General Fund Expenditures by Function $5,000,000 $4,500,000 $4,000,000 $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 General Public Public Parks Govt Safety Works

General Fund Expenditures  Standard inflationary increases  Master Plan consultant  Large number of vehicles  Long-Standing ankle-biters

Utility Fund  Defer on capital projects  Defer on reclaimed water  Sewer rehab in 2016