HomeMy WebLinkAboutSubmittal-FY '09 General Fund Proposed BudgetCity of Miami
FY'09 General Fund
Proposed Budget
Facts:
1. Balanced budget at $525.1 million.
2. Represents a $1.4 million or 0.3% increase over the FY'08 Adopted Budget.
3. The proposed millage rate is 7.6740.
4. Uses no more fund balance than what's required under the City Charter for Contingency purposes.
11.11111111111.1111111111.1.1.1111. Actual
+ %
Budget %
j Budget i0/0
General Fund i, 9/30/07 ;
Change
FY'08
Adopted Change
? FY'09
l Protected
Change
Revenues (Inflowsl
Property Taxes
258,756�957
20.7%
261,026,148
2.2%
� 267,217,693 j
2.4%
Franchise Fees and Other Taxes
42,257,282
2.2%
i 37,005,000
^ 2.6%
' 37,053,231
0.1%
Interest
' 16,248,307
45.8% 8115,000
0.2%
8,800,000 L
8.4%
Transfer -In
61,125,632 :
17.3% 39,492,737
j 7.5%
44,789,572
13.4%
Fines and Forfeitures
( 5283,695
2.1% 5,208,555 ; 13.3%
5,967,326
14.6%
Intergovernmental Revenue
' 53,659,937
0.7% E 41,151,996 ' 1.1%
39,909,539
-3.0%
Licenses and Permits
33,046,334 '
16.1%
' 29,658,555 ' 11.6%
' 30284757 ,-
3.8%
Other Revenues
3,734,189
-32.9%
3,_655,100
19.3%
L 1379,188
-62.3%
Fund Balance Allocation
!
25�023, 06
-23.8% ` 15,550,000 I 19.3%
I 5,000,000
-67.8%
Charges
Chges for Services
78,896704
T -14.2% 82,850,712 I -1.2%
` 84,207,624
1.6%
i
i •
Total Revenues Inflows1
1 578,032,244 1
7.8% 1 523,713,803 € 3.1%
1 525,108.930 !
0.3%
I
Fund Balance
Allocation
5,000,000
1%
Other Revenues
1,379,188
0%
Licenses and Permits
30,784,757
6%
Intergovernmental
Revenue
39,909,539
8%
Fines and Forfeitures
5,967,326
1%
Transfer -In
44,789,572
9%
Charges for Services
84,207,624
16%
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Interest
8,800,000
2%
Franchise Fees and
Other Taxes
37,053,231
7%
Property Taxes
267,217,693
50%
BMITTED INTO THE
PUBLIC RECORD FOR
ITEMc 3 ON ('i/t3
pg-0t007-
u b m i fa.1- F Y 'act
vi va l F
First Budget Hearing -September 11, 2008
Prepared by: Office of Strategic Planning, Budgeting and Performance
17rorosed taidgeT
City of Miami
FY'09 General Fund
Proposed Budget
General Fund
Expenditures (Outflows)
General Government
Planning &Development_
Public Works
Public Safety
Public Facilities
Parks & Recreation
Risk Management
Pension
Non Departmental
Capital_ Improvement -Administration
__..(Transfers -OUT)_
Total Expenditures (Outflows)
Provides:
Capital Improvement -
Administration
2,666,463
1%
Non Departmental
-3,013,488
1%
Pension
66,814,932
13%
Risk Management
47,246,138
9%
Parks & Recreation
23,808,813
4%
Actual
9/3_0107
43 910 699
1.0,814,727_ 14.6%
6,376,607 _
235,497,959
._.7{419 797
20,201,873 3
53L238,388
70,708,285
28,490,229 € 1
3,104,627 _100.0%
a......._49,052,224 „_
578,815,407
Ok
Change
(Transfers -OUT)
33,754,201 -
60/0
Public Facilities
5,741,123
10/0
Budget % i Budget
FY'08 FY109
Adopted Change Projected Change
I 18.3% 45,570,476
11,771,871
11.5% 56,820,488
25.3% 215,692,574
0.9% 7,478,665
3.7% 21,732,908
108.4% 52,429,609
-10.3% 65,945,032
04.1 % 13,065,118
3,294,574
16.2% _29 92.1.,488
17.1% . 523,713,803
-0.70/o.....�.........46i879, 375..._1_......__......._-2. 9%
8_9% 11,870462......._._... 0.8%
0.8%_..._. ... 60,955 648 _ 7.3%
-8 4%........22_8 385,263 __..._.__..__.5.9%
0_8% 5,741,123
7_6%0..... 23 808 813 9.6%_
._.=1. _5%..........._.47,2461138..._ .._..__._ -9_9%
-6_7°/o 66f814,932....T...._......_.._1.3%
-54:1%o..._!_.0 ,.013,4881._..!-..._..=123,1%
6_1%o2,666,463L -19.1%
-39.0% t 33,754,201 12.8%
.......... a -+-
-9.5% I 525,108,930 € 0.3%
General Government
46,879,375
9%
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Planning &
Development
11,870,462
2%
Public Works
60,955,648
11%
Public Safety
228, 385, 263
43%
1. An additional 25 police officers effective April 1, 2009.
2. $2 million more to Parks which include 10 additional park
positions for the new facilities that opened in FY'08 and
those scheduled to open in FY'09.
3. $1 million in new mural revenue collection for Parks and
Green Space acquisitions.
4. Across the board increases approved for all union contracts
effective 10/01/08.
5. $300,000 for the Elderly Feeding Program.
6. $200,000 for the Action Community Center.
7. 14 additional positions in the Finance Department which will
stabilize revenue collections and will also improve monthly
and year-end reconciliation and financial reporting while
ensuring proper internal control and segregation of duties.
8. $2.8 million to the repayment of the Street Bonds.
9. $1.3 million in PC hardware and software replacement.
10. $1 million towards the Pension Stabilization Fund.
11. $3 million in new Solid Waste Vehicles dedicated from the
increase in the Solid Waste Residential Fee from $325 per
unit to $365.
12. $5 million for increases in fuel and utilities.
13. An additional $870,000 in support of the City's annual
pension contributions.
14. NO EMPLOYEE LAYOFFS.
Eliminates:
1. 31 vacant positions providing $2.0 million in savings.
2. $13.5 million in departmental spending without significant
reduction in services
First Budget Hearing -September 11, 2008
Prepared by: Office of Strategic Planning, Budgeting and Performance