HomeMy WebLinkAboutItem #04 - PresentationFiscal Year 2002
• Revenue Enhancements
• Parking Surcharge
• Cable Subscriber Fee
• Simplified Telecommunication Tax
• Revenue Adjustments
• Revenue Loss Due to September I I th
• No Rate Increases, Actual Rate/Fee Decreases
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Fiscal Year 2002, Conti.
• Expense/Service Enhancements
• Wage and Other Personnel Related Increases for City of
Miami Employees per Union Contracts
• Additional Resources for Solid Waste Department,
Department of Communications, Community Relations,
and Offices of the Elected Officials
• Cost Increases due to September 1 Ith, specifically for
Security Measures and Property Insurance
• Addition of Two New Fire Rescue Units
• Funding for Various Service Enhancements and Capital
Improvements throughout the City
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Fiscal Year 2002, Conti.
Year -End Forecast and Review
Revenues over Expenses
• $16.0 Million Balance Projected
— Outstanding Funding Issues to Resolve
• $22.0 Million for Pension Costs in FY '03
• Various Strategic and Capital Improvements Initiatives
Proposed by the Elected Officials
— City-wide Implementation of "One -Arm Bandit"
Collection System, $5.5 Million
— Streets and Drainage, $400 Million
— City Infrastructure, $ (Due in August)
— Information Systems, $20 - $40 Million
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Fiscal Year 2003, Conti.
Proposed Expense Forecast
Personnel Increases for Areas of Focus
• Parks and Recreation
• Planning and Zoning
• Police Department (Grant Retention)
• Fire Department (2 Fire Rescue Units)
• Information Technology
• Elected Officials and City Manager
• Law Department
• Communications Department
• Purchasing Department
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FiscalYear 2003, Conti,
Operating Expense Increases
• Risk Management
— Property Insurance
— Health and Life Insurance
• Solid Waste
— Miami -Dade County Scale Fees
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— Increased Trash Collection
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— Citywide Security Measures
Clean-Up Miami Initiative
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Fiscal Year 2003, Conti.
• Proposed Funding Initiatives
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— 311 Service
— Customer Service Request System
— CIP Team Focus
— Strategic/Capital Initiatives
• Compensation Analysis
• Departmental Efficiency Analysis
• Interlocal Agreements Analysis
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Future Years "Out -Look", Conti.
• Consideration of Future Expenses
— Enhance Operations
• New Parks and Parks Related Programs
• Neighborhood Enhancement Initiatives
• Downtown Enhancement Initiatives
Long -Term Obligations
• Pending Litigations
• Accrued Employee Benefits
• Actuarial Pension Obligations
— * * Strategic/Capital Initiatives Fundings