FY2011 BUDGET PRESENTATION BOARD OF SELECTMENS GOALS & - - PowerPoint PPT Presentation

Town of Norfolk March 31, 2010

FY2011 BUDGET PRESENTATION

BOARD OF SELECTMEN’S GOALS & PRIORITIES BOARD OF SELECTMEN S GOALS & PRIORITIES

Maintain Services Maintain Services Explore cost saving strategies

E g t i bl ti

Encourage sustainable practices Improve Communications to residents Develop strategies to enhance commercial

development

FY FY11 Budg Budget Prese Presentation

• n

TOWN OF NORFOLK BUDGET TREND TOWN OF NORFOLK BUDGET TREND

35 s 25 30 Million Million

$28,680,080 $26,818,611 $28,614,857 $28,518,197

15 20 25

$27,529,061 $26,038,572

FY10 –

$28,942,522

10 15

Reduced in January

5 FY06 FY07 FY08 FY09 FY10 FY10 5 FY11 FY06 FY07 FY08 FY09 FY10 FY10.5 FY11 FY1 FY11 Budge Budget Presentati Presentation

• n

FY10 BUDGET RECAP FY10 BUDGET RECAP

FY08 Budget = $27.5 Million 2.5% Increase FY08 Budget $27.5 Million 2.5% Increase FY09 Budget = $28.7 Million 4.1% Increase

FY10 B dg t $28 6 Milli 1 0% R d ti

FY10 Budget = $28.6 Million 1.0% Reduction FY11 Budget = $28.5 Million 1.5 %Reduction

FY11 Fi d C t U 7% Fixed Costs ----- Up 7% Departmental Budgets (Average) ----- Down 3% (Down 4% excluding King Philip)

FY1 FY11 Budge Budget Presentati Presentation

• n

STATE AID STATE AID

4.6 ns 4.2 4.4 Millio Million 3 8 4 3 4 3.6 3.8 3.2 3.4 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11

STATE AID – WITH PRISON MITIGATION STATE AID WITH PRISON MITIGATION

$6 ns $4 $5 Millio Million

Prison Mitigation

$3 $4 $1 $2 $- $1 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11

FY2011 REVENUES FY2011 REVENUES

Total tal $ In Increase crease / / (D (D ) % Increa % Increase se / / (D (D ) (D (Decrease ecrease) (D (Decrease ecrease) Ov Overall R erall Revenue nue Ov Overall R erall Revenue nue $28,5 $28,518, 8,198 $28,5 $28,518, 8,198 ($120,254) $120,254) ($120,254) ($120,254) (0.7 (0.76%) 6%) (0.7 (0.76%) 6%) Tax Levy $22,063,421 $774,397 3.64% Local Receipts $2,572,623 $34,655 1.37% State Aid $3,841,778 ($269,682) (6.56%) Other Funds $40 376 ($659 624) (94 23%) Other Funds $40,376 ($659,624) (94.23%) FY1 FY11 Budge Budget Presentati Presentation

• n

FY2011 REVENUES FY2011 REVENUES

$3,841,778 $40,376 $2,572,623 , , $22 063 421 Tax Levy Local Receipts St t Aid $22,063,421 State Aid Other Funds FY1 FY11 Budge Budget Presentati Presentation

• n

FY2011 EXPENDITURES (THOUSANDS) FY2011 EXPENDITURES (THOUSANDS)

Total tal $ In Increase crease / / (D (D ) % Increa % Increase se / / (D (D ) (D (Decrease ecrease) (D (Decrease ecrease) Ov Overall Expendit erall Expenditures ures Ov Overall Expendit erall Expenditures ures $28,5 $28,518 $28,5 $28,518 ($42 $424) 4) ($42 ($424) 4) (1 (1.5%) .5%) (1 (1.5%) .5%) Municipal Departments $7,208 ($242) (3.3%) Municipal Health Ins. $709 $108 18.0% Elementary School $9,407 ($392) (4.0%) Elementary Health Ins $945 $144 18 0% Elementary Health Ins. $945 $144 18.0% Employee Benefits $1,662 $59 3.7% King Philip Operating $5,836 ($44) (0.7%) $ $ Tri-County $384 $4 1.1% Debt & Fixed Exp. $2,367 ($61) (2.5%) Capital $0 $0 0.0% Chapter 90 (Roads) $265 $0 0.0% FY1 FY11 Budge Budget Presentati Presentation

• n

FY2011 GENERAL FUND BUDGET FY2011 GENERAL FUND BUDGET

Municipal Depts. & H lth Tri-County, $384 090 Debt & Liability Ins rance & Health, $7,916,903 King Philip, $384,090 Insurance, $2,366,988 $5,836,104 Employee Benefits, $1,661,557 Elementary School & Health, $10,352,555 FY1 FY11 Budge Budget Presentati Presentation

• n

FY2011 GENERAL FUND BUDGET FY2011 GENERAL FUND BUDGET

$18 ns $ $14 $16 Millio Million $8 $10 $12 $4 $6 $8 $0 $2

General Government Public Safety Education Employee Benefits Debt Public Works Human Services / Library Other Fixed Library

MUNICIPAL PERSONNEL REDUCTIONS FY2010 MUNICIPAL PERSONNEL REDUCTIONS FY2010

Depar Department ment Position sition Hour Hours Town Administrator Clerk 30 Assessors Data Collector 25 Town Clerk Clerk 10 Planning & Development Admin & Clerk 60 DPW Highway Foreman 40 DPW G d O t 60 DPW - Grounds Operator 60

MUNICIPAL PERSONNEL REDUCTIONS FY2011

Depar Department ment Position sition Hour Hours DPW – Transfer Station Foreman 40 Police Department Police Officers (2) 80