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HomeMy WebLinkAboutSubmittal-Fiscal Year 2012 Proposed BudgetFiscal ar 2012 Pro ose u et 67076, sub' 2 ;hid-f4 Year .20a ropos SUBMITTED I TO THE PUBLIC EC RD FOR itF,N4(314. 1 ON 9/151/L. ud et Overview The Proposed Millage rate as approved by the City Commission on July 28, 2011, was set at 7.571 which is a reduction of .103 mills $31 dollars for a property with a Taxable value of $300,000 The Proposed Budget maintains services at current levels and targets some improvements; after the net removal of 125 positions; > Assumes Single Stream Recycling Program implementation; > Assumes reorganization of the Building Department to improve service delivery; > Continues to support Elderly Services through Community Development; • Provide Support to the Homeless Program Grant administration > Merges the Planning, Zoning, and Hearing Boards functions into one Department; > We will continue to operate parks, remove garbage, provide public safety, pay bills, patch potholes, etc. at the same level of commitment. > Funds 50 police officers through the ARRA Federal grant and provides the local match; > Provides training for Fire Rescue personnel that will improve patient service; > Completes installation audio visual alert system at Fire Rescue stations to improve emergency response time; September 15, 2011 T PUBLIC RECORD FOR ITEM ON ?i-/// 2 Budget Overview >Allocates funds to Capital as required; ➢Transfer 20% of Parking Surcharge for debt coverage and capital improvement; ➢Storm Water necessary to fund infrastructure work that improves drainage; ➢10% Marina Revenue transferred to capital for Marina improvements >Allocates necessary funding for equipment for Solid Waste (implement single stream and improve departmental performance) >Retains Prudent Operating Reserves >$11.5 million for uncollectable revenue ➢$8.0 million for one time salary pay (Primarily Separation) ➢$5.0 million Contingency as required by Financial Integrity Ordinance September 15, 2011 SUBMrrTFn INTO PUBLIC RECORD FOR ITEM, ON 94r1/, 3 Overall Shortfall • At the meeting of June 23, 2011, the estimated Stated Revenue vs. Expense Gap for FY2011-12 was: • In July, the FPL Franchise Fee estimate decreased due to the anticipated fuel rebate and lower consumption: • On July 21, 2011, the State released revised Communication Service Tax (CST) projections: • On August 31, 2011, the Revenue Estimating Conference Committee recommended revisions to various line items based on current performance: Subtotal of negative fiscal impacts: September 15, 2011 ($53,747,500) ($1,020,000) ($6, 714, 600) ($1,075,900) ($62,558,000) SUDMJTTED INTO THE PUBLIC RECORD FOR iTEMHi_ON 9/ 0-k 4 September 15, 2011 Revenue Adjustments • A correction in the CRA Tax Increment computation and new construction value added to the tax roll yielded additional revenue after the rollback computation • State estimates for Local Option Gas Tax Distributions improved • State estimate for Local Revenue Sharing and Half -Cent Distribution improved • City revenue for Building Permits and Solid Waste improved, allowing an increase in the forecast • Red Light Camera revenue • Retiree Health Plan contributions increased from 50% to 75% of cost • Increased Public Facility revenue (Rowing Club, Burn Notice, Flagstone, Marinas) • NET Office revenue improvements Total Revenue Improvement $1,600,600 $1,270,300 $558,200 $3,309,700 $2,500,000 $1,125,000 $892,000 $335,000 $11,590,800 SUBMITTED INT() THE PUBLIC RECORD FOR iTEM 0/0 ON 9.4-/// Cost Reductions Adjustments to reduce the shortfall (Expenditure Reductions) • All vacant civilian and Fire Rescue sworn positions frozen or eliminated • All vacant Police swom positions funded at 50% • Updated Risk Management information on Property Insurance, cost lowered • Elimination of Transfers to Capital for Fire Rescue Apparatus purchase and Facility Maintenance • Reduction to Special Pay Reserve in NDA; reserve in used to cover separation related costs ($8 million still in reserve) • Contribution to ARRA Grant, IAFF Retiree Health Plan, Miscellaneous Items • Other adjustments to departmental personnel and operating expenses: • General Government • Planning & Development • Public Works • Public Safety • Public Facilities, Parks, Risk and Grants • Other Miscellaneous Expense Adjustments Total Expenditure Reductions September 15, 2011 SUBMITTED INTO THE PUBLIC RECORD FOR ITEM 06‘ / ON 9--// $7,411,700 $2,427,900 $6,168,800 $6,224,500 $2,000,000 ($767,000) $2,348,400 $151 300 $682,000 $845,100 $723, 300 $570,000 $28,786,000 Adjus.te r Shortfall Overall Revenue vs. Expense Gap Reduced by improved revenue outlook Further reduced by expense reductions Balance to be resolved September 15, 2011 ($62, 558, 000) $11, 590, 800 $28, 786, 000 ($22,181,200) SUBMITTED INTO THE PUBLIC RECORD FOR TEM,ON -/// Budget Overview • We have a goal to reach a balanced budget for FY 2011-12 • The Proposed Budget Assumes no longevity, cola, or merit increases for salary • Revenue vs. Expense Gap remains at $22.18 million prior to ratification of Bargaining Agreements, further negotiations, or imposition • Labor Agreements Tentatively Agreed to; Reduce gap by $10.29 million • Balance to be reduced $11.89 million September 15, 2011 3UBMTTED INTO THE / PUBUC RECORD FOR 8 TEMiON p� i7 uestion :Answers IscussIon SUBMITTED INTO THE PUBLIC RECORD FOR TEMsvi ON Q/7/i September 15, 2011 Position Count Changes Department/Organization Position Count 2010-11 Pr000sed Chan New Positio Eliminated Posltions Transfe n/0ut( Proposed Position Count Mayor Commissioners City Manager City Clerk Civil Service Auditor General Communications Audiovisual & Broadcast Operations Human Resources Information Technology Law Management and Budget Purchasing Neighborhood Enhancement Teams (NET) Code Enforcement CIP & Transportation Finance Building Planning & Zoning Solid Waste GSA Public Works Fire -Rescue Police Public Facilities Parks and Recreation Risk Management Grants Administration Equal Opportunity and Diversity Programs Community velopme TotalPositions: 30 20 2 6 4 33 80 45 17 14 42 61 56 73 64 42 217 143 88 781 1,554 42 192 8 ,739 5 1 7 2 (4) (1) (3) (1) (3) (6) (4) (4) (7) (2) (11) (5) (8) (2) (8) (2) (58) (11) (40) 2 (4) (3) 2 4 (1) 30 16 12 3 9 7 30 71 41 13 14 37 59 45 68 61 41 217 139 86 781 1,503 42 181 20 14 3 60 3,614 September 15, 2011 10