Jennifer Budoff, Budget Director APRIL March 24, 2016 Mayor submits - - PowerPoint PPT Presentation

Friday, March 11, 2016

Jennifer Budoff, Budget Director

APRIL

March 24, 2016

Mayor submits the District's FY 2017 Proposed Budget and Financial Plan to

• Council. The Council has 56 calendar days after receipt of the budget to act on and

adopt the District’s budget.

April 6 – 26

Council holds agency budget overview hearings. Members of the public are welcome to testify.

MAY

May 4 - 5

Council committees mark-up the District's Budget and Financial Plan.

May 17

Council votes on the District's Budget Request Act and Budget Support Act.

May 31

Council holds a second and final vote on the Budget Request Act.

June, date TBD

Council holds a second and final vote on the Budget Support Act 2

• Provides advice and analysis for each Council committee

and office regarding the District’s annual operating and capital budgets and ongoing budget-related initiatives

• After Committee budget markups:

– Consolidates all recommendations – Identifies any conflicting directives – Provides fiscal and legal analysis of Budget Support Act

• Presents summary of Committee recommendations at

Council-wide budget discussions and responds to questions as Council reviews its options for FY 2017

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Local $7,000M, 54% Dedicated Taxes $300M, 2% Federal Grants & Medicaid $3,200M, 25% Private Grants & Donations $1.5M, 0% Special Purpose Revenue $600M, 5% Federal Payments $100M, 1% Enterprise Funds $1,800M, 14% Local Dedicated Taxes Federal Grants & Medicaid Private Grants & Donations Special Purpose Revenue Federal Payments Enterprise Funds

FY 2016 Gross Revenues: Operating Budget

Based on June 2015 Revenue Estimate

$13.1 Billion

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Property Tax $2,406M, 35% Income Tax $2,278M, 33% Sales Tax $1,142M, 17% Non-Tax Revenue $422M, 6% Other Taxes $344M, 5% Gross Receipts $251M, 4% Lottery $55M, 1% Property Tax Income Tax Sales Tax Non-Tax Revenue Other Taxes Gross Receipts Lottery

FY 2016 Local Funds Revenues: Operating Budget

Based on Feb 2016 Revenue Estimate

$6.9 Billion

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G.O./ITSB Bonds 76% Highway Trust Fund 15% Local Transportation Fund 4% Other 5% G.O./ITSB Bonds Highway Trust Fund Local Transportation Fund Other

$1.2 Billion FY 2016 Capital Sources

Based on April 2015 Available Debt Cap

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Human Support Services, $4,672M Public Safety & Justice, $1,325M Economic Development & Regulation, $772M Debt Service and Other Financing, $1,086M Public Education, $2,375M Governmental Direction & Support, $991M Environment & Public Works, $804M Enterprise and Other Funds, $1,804M $0 $1,000 $2,000 $3,000 $4,000 $5,000 FY 2016 Gross Operating Budget (millions)

FY 2016 Gross Operating Budget

Based on FY16 Approved Operating Budget

$13.8 Billion

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$0 $50 $100 $150 $200 $250 $300 $350 $400 Other Agencies, $140M Department of Transportation, $335M District of Columbia Public Schools, $348M Washington Metropolitan Area Transit Authority, $129M Department of General Services, $112M Office of the Deputy Mayor for Planning and Economic Development, $66M Department of Parks and Recreation, $46M Department of Human Services, $42M FY16 Capital Budget by Agency (millions)

FY 2016 Capital Budget Allotments, by Agency

Based on FY16 Approved Capital Budget

$1.2 Billion

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$0 $500 $1,000 $1,500 $2,000 $2,500 $3,000

FY16 Approved Budget (millions)

Gross Operating Budget Capital Budget

FY 2016 Gross Operating and Capital Budgets

Based on FY16 Approved Operating and Capital Budgets

$15.0 Billion

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Jennifer Budoff, Budget Director

Council of the District of Columbia Suite 508 1350 Pennsylvania Ave. NW Washington, DC 20004 Office: 202-724-5689

Email: jbudoff@dccouncil.us

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• Angela Joyner, Deputy Budget Director; ajoyner@dccouncil.us

– Committee on the Judiciary; Committee on Education

• Tom Moir, Budget Counsel; tmoir@dccouncil.us

– Budget Request Act; Budget Support Act; Committee of the Whole

• Joe Wolfe, Capital Budget Analyst; jwolfe@dccouncil.us

– Committee on Housing & Community Development; Committee on Finance & Revenue; Capital Budget

• Averil Carraway, Senior Budget Analyst; acarraway@dccouncil.us

– Committee on Business, Consumer, and Regulatory Affairs

• Susanna Groves, Senior Budget Analyst; sgroves@dccouncil.us

– Human Services, Committee on Health and Human Services

• Adrian Jordan, Senior Budget Analyst; ajordan@dccouncil.us

– Health, Committee on Health & Human Services

• John MacNeil, Senior Budget Analyst; jmacneil@dccouncil.us

– Committee on Transportation & the Environment

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