May 7, 2012

General Overview FY 2013 Budget

Objectives

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• 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

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FY 2013 Operating Revenues by Category

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FY 2013 Operating Appropriations by Category

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By The Numbers

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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

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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

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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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