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Home My WebLink AboutStaff Report lrff memoCITY OF PALO ALTO Memorandum TO: HONORABLE CITY COUNCIL FINANCE COMMITTEE October 19,2010 SUBJECT: Follow-up to Finance Committee Discussion of Long Range Financial Forecast on October 5, 2010 This is to confirm that the Committee wishes to continue discussion ofthe Long Range Financial Forecast (LRFF) 2010-2020 at its next meeting, scheduled for October 19,2010. During the discussion of the LRFF 2010-2020 at the October 5, 2010 meeting, staff asked for the Committee's direction regarding its preferred scenarios and format for inclusion in the next LRFF 2011-2021, to be presented in December 2010 or January 2011. The Finance Committee expressed its wish to return at its next meeting, scheduled for October 19, 2010, to discuss scenarios and fOlmat features it would like to see as pali of the next LRFF. In addition to the scenarios presented in the Update to the LRFF 2010-2020 on October 5, the Committee suggested additional scenarios such as including fimding tbr Infrastmcture needs and increases in maintenance and operation of facilities. I have attached the two scenarios included in the October 5 report, for your reference, in discussing these and other possible scenarios. Thank you. Director of Administrative Services Department Scenario 1 • Combined Salary and Benefits are constrained to Increase at no greater a percentage than the projected revenue increase for each year, starting FY 2013 I LONG RANGE FINANCIAL FORECAST MODEL 2010 ($000) FV2009 FYUltO f'f2OiO FYlO1O fYlflll fYZOU FY2011 PiZ014 fV 201S IT "''' FY20n FV2ill& FY 2il19 fY2010 Adopted P~ct!}d 'AIlJuslC AClunl Budgel Sudy« Budgel -Sakis TIIm$ ! 20,01)9 I 19,65() ! 17,190 I 17,$13 I 16,:l1S I 16,941 I t9,114 I 2{J,5.7(\' $. 21,419 I 22,445 I 2;1,231 $ 23,92. ! 24,612 I :l'5.~O PropertyT(\I;\!t 2M32 25,75Z 25,773 25,m I 25.901 I 26,552 I 27,545 I 28,851 I 30,293 I 31,663 I 33.411 I :\4,95S I 35,167 I 36,821 Utility User Tax 11,030 11,250 11.417 fl,417 I H,429 I 12,t15 $ 12.120 $ 13,l29" $ 13,626 $ 14.171 I 14,736 $ 15,l26 $ 15,941 I 16,516 TruJ1$ienl Oooupancy Tax 1,111 7,000 6,639 ~639 I 6,944 $ 1,115 $ 7,361 $ 7,694 $ 6,000 I 6,462 $ 6,643 I 9,131 I 9.391 $ 9,661 Add~iona!Holel Koon revefllJe $ 11 I "3 I "5 $ '" I '" $ "9 $ 161 $ 16' $ 164 I 166 A<.!dilional Mi~g'ti Hotel Rel1tlnue $ $ 500 $ 500 $ 606 $ 612 I 616 I " .. I 631 $ 631 Oooomentary Trnns..larTax 3,09~ ~500 3,2;0 ~2" ! 3,fl13 I 3,101 I 3,601 $ 3,912 I -4,027 I 4,116 $ 4.164 I 4,131 I 4,149 I 4,163 OIHer Taxes, H1es & PtlliIIl!les 2,343 2,833 2,314 ~334 I 2,)30 I 2,31tl S 2.438 S 2,514 I 2,604 $ 2,698 $ 2,791 I 2,891 I 2,900 ! 3,090 Subl(!U!l: T~llIs 69,1()Z ti9,las 66,643 66.:731 68,S1B 71,011 !4 .. 25l 71,S26 80.354 t14,521l 81,1153 91,1$0 93,1164 96,706 ~". 16,210 17,437 15.814 lM197 $ 16,6§fi ! 17,931 ! 18,2{11 S 18,500 $ 111,541 I 2M11 ! 21,lT3 I ·1t947 $ 22,888 I 23,866 Agreements {Stanford Uj 1,1'/fJ 7,661 1.632 1,632 I 1,002 $ 8,461 $ 6,624 , 9,23' , 9,665 I 1~16' I 1~666 I 11,1116 I 11,1,51 I 12,345 2,000 1~OO 1,662 1,&62 I 1,"" ! 1,676 ! 1,n4 $ 1.765 I 1.652 I 1,913 I ~O(l2 I 2,(153 I 2,09-5 I 2,163 11,246 15,3S2 15,119 15,123 I 15)62 I 15,043 $ 13,94() S 14,195 I 14,661 I 1",.)6 $ 1M24 .$ 15,624 $ 16,235 I 16,659 (rom Other Flmds 11}183 10,643 1(),6$ 10,54& $ 10,622 I 10,984 ! lun S H.6$ I 12,137 I 12,627 $ 13,1;10 $ tJ,6ro I 14,236 S 14,7110 fore Transfers 12~,845 122:,414 llU,1l34 11$,191 1Z1J,149 125,700 128,285 , 113.JM 136,129 H4,iIlS 1~,2!)3 155,M6 l00,m 166,519 ~f"'" 11ft" 19,61\4 ~l')1 l'),~ $ iUM $ 19.321 $ 19,839 $ 20,523 $, 21.350 S n,213 $ 2J,115 $ 24.DSll $ 25,04] I 2li,001 VENUES 14t.459 14l.,1lll' utl,241 138,$'}9 13M33 145.000 148.124 153,929 100,O'n 166,798 mAu l1i1,S!l4 18S,925 192.520 Exoem11tUros Base$mnl}S 62,104 63,512 63,6S\l 62.619 I \6,500 55"" 56,004 59,312 61.322 63,466 6M35 61,301 Sa'" 10,604 Salary &, Beneft Reductions to be NegoliaWd III . (3,000) I PAPOA Salilry Irwease Oefemljlll 11591 1159' I Savings from SEtU Il,"~ 11,m Sailings from ,vgmtiProf. 1100J 1105 Beooms 29,477 31,200 32,20~ 32,702 $ 3(1.035 33,432 34,935 36,451 33,251 41),216 42,215 44,216-46,386 46,&32 : (Savings from Mise-employee oontribuwns to medic\ll pi\lmiumsr' ('''I (71'n 1"41 19'61 1952) 19911 11,"'81 (t.IOD} (1.15-7): (SaVings from Tier 210r Misoollaneous empb)'les) 11031 If98) (2761 1:\441 13951 ("58) (m) (672): OtherAl;liyiti!ls I : Additional ReSI6merrt C(lntnbulion lncroaso "07 193 2,663 2,9" 3,326 3,666 4,()11 4,361 4.756 Rtl[j(~ Medio;al Cos! !ncrease . . . . Salary & Ilen",'i! Re4uCl.ion~ 10 be Negotiated ", ", ", n!, ", ota ", ", ota Vacanl Poslions Sala!)' SO'I'IitlQs 11,300) Subtotal: SalarlliS and 8ennflls 91,591 B2,111 91,167 92,784 6-8,544 91.6-20 93,715 91.410 101,4o~ 105,111 1(19,824 114,063 117,974 m,166 iCoolfad SeIVioos 1(1.100 9.0ro S,stl2 9,969 S 10,1&! 1(1,333 1(1,5{l6 10,171 11,004 11,421 11,110 12,123 12,461 12,861 : Supplies & Malarials M2J 3Ml ~"i 3,410 I 3,242 3,291 3,347 3,430 3,533 M3. 3,.146 3,661 3,911 ..... ' iGoneral ElIPQfiSO MOO 10,193 1~"" ~'" $ 10'{!.2l l{),:na 1~'" ,,,,.,, 11,112 H,5{1S 11,651 12,200 12,51) 12.662 Renls, leases, & Eq,uipmnt 1,014 1,212 1,1M f.ooa I t,115 1.132 \,151 \,16(1 l,2ts 1,252 1,269 I,m 1,.l6ll ,..,,, AIklcaled Expenses 10.231 14,316 tfl,~16 M,36!l $ 15,311 15,602 15,961 16,263 15,151 11,254 11.11~ 16,305 1", .. 19,41£1 Other Acli¥i!ies I library Opefa\jng Cost {rn:rellSij $ 20) 1,000 i,OOI) 1,000 l.ooa 1,000 1,001) 1,009 1,000 Totnl Expendl:ures BerM Trnnsfen 125,013 Ul,Q&1 130,521 131.465 12M14 132.104 136,134 14{),961 1~163 1~1,71H 157,354 162,886 1111.1,231 113,613 T!£f!sfers 10 Q!1!:1J:! F!'m~~ GF Trnnsf.:vbr Infraslru:!uro CIP 6,"! 8,180 6,161) alaO I e.,OS5 8,$44 9,211 9,604 10,024 10,414 11),955 H,41O 12,021 12,61{) OIllsrActivili&!l $ Infraslfl!dure ConWbuliun mClease I i,OO) 2,000 2,001) 2,000 2,000 2,000 2,OO{! !..., 2,000 Technology Flhid Rapa)'lIWlnt 1.225 1,22t 1,225 1,225 Pllblic Safely Bldg. Budget Snvin{ls 1~100 12,7001 S GF Transfor lor Other Capllal Projects 6,586 3,720 3.720 3,720 I 1.741 t,636 tM5 t.135 1.166 WI 1.692 1,941 2,003 2,063 OebtServicn 1,082 1,066 tOS6 98' $ 1,060 929 m '" 1 .. 151 153 '" '" 23< 01"', "" '" '" .. 2 S 42 ... " 47 " 51 51 51 " 51 TOTAL EXPENDITURES 14ll.921 142,089 140,074 1(1),936 l39,399 146.m 151,052 Hi5,096 160,191 166.909 113,004 119,lQ6 195.0S1 190,771 Net Operaung !Surp u$l{lJapJ 632 ... ('.8331 " (1,35?) (2,928) (1,269) OO~ (110) "08 '" ". 1,149 : DrawdOWfi QIl !M~ Stab'!iurJon Re&illVe 1,633 633 Gompre/1olls1\'OMnual Fin. Rpt Reoon. 111 iYear·nnd SlMr,gs from Hiring freel~ 1,164 SUbtGIal 111 1,63) 2,;':.\1 . GRAND; NET SURPLUS (GAPj $ "'" $ ... I I I~ , 35 , (1,35.1) $ IU>fl) $ (1.2<8) , V'ij I (110) .$ <D' , '" , '" , 1.149 f1l1n FY 2910, $2Jl mlltinn In ~rmanentbudge!ed cornpensalkin savings bas been maUted. {2} Pollet! union (pAPOA) dufimed tI!¢lt FY .UHOnegOO!lled sliklfY Incmase 01 $11.9 mlllkm 16 FV 2Il11 tl} Savfngs Iw;h.lde ARC savings (rot!rae medical required conltibuUon) ! Scenario 1 -Percentage Changes , PERCENTAGE CHANGES IN FORECAST FOR REVENUES AND EXPENSES FYZOO9 FV~010AB FV 2010 P FY2010A FY2011 FY2012 FY201J FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 % % % % Change, 2010· % Chango % Chan~e % Change % C~ange % Change % Change % Chango Change Change % Change % Chango Change Change % Change 2020 Revenlles Sales Ta:.<es (l1.2()%) (2.19%) (14.43%) (11.69%) 5.98% 3.97% 4.08% 4.34% 4.42% 4.50% 3.50% 3.00% 2.66% 3.81% Property Taxes 10.17% 1.26% 1,36% 0.10% 0.50% 2.49% 3.74% 4.74% 5.00% 5.18% 4.86% 4.62% 2.38% 2.89% Utility User Tax 7.24% 1.09% 3.51% 1.48% 0.11% 6.00% 5.01}% 4.00% 3.00% 4.00% 4.00% 4.00% 4.00% 4.00% T ransienl Occupancy T aJ; (10.85%) (1.56%) (6.64%) (5.16%) 4.59% 3.33% 2.86% 4.24% 4.76% 4.99% 4.50% 3.26% 2.65% 3.08% Add~ional Holel Keen revenue Additlonal Ming's I-Iot61 R6venue Documentary TransferTax (42.54%) (9.46%) 5.10% 16.07% 11.17% 2.44% 2.69% 2.94% 2.94% 2.19% 0.94% (0.57%) 0.44% 0.83% Other Taxes, Fines & Pena\!ies 15.63%) 20.66% 1.11% (17.61%) (1.85%) 1.96% 2.62% 3.14% 3.58% 3.60% 3.65% 3.39% 3.41% 3.36% Subtotel: Taxes (3.81%) 0.26% (3.55%) (3.69%) 2.01% 3.64% 4.56% 4.41% 4.29% 4.54% 4.05% 3.64% 2.76% 3.25% 45.10% Service Fees&.pennits (5.43%) 7.57% (2.44%) (8.83%) 5.60% 7.38% 1.87% 2.92% 3.94% 3.94% 3.95% 3.95% 4.29% 4.27% Joint Service Agreements (Stanford 12.40% 0.70% (2.10%) (2.86'1'0) 3.54% 7.07% 4.29% 4.61% 4.92% 4.93% 4.96% 4.97% 5.01% 5.00% Interesl Earnings (10.04%) (5.38%) (17.23%) (12.53%) (0.96%) 1.82% 2.06% 3.54% 3.75% 3.03% 4.11% 2.55% 2.05% 3.25% Other revenues (4.36%) (10.98%) (8.05%) 2.42% (2.27%) 1.83'1'0 (10.09%) 2.55% 2.56% 2.58% 2.58% 2.59% 2.00% 2.61% Reimbursements from other Funds 1.32% (7.32%) (8.Q5%) (0.91%) 0.60% 3.41% 2.67% 3.46% 4.02% 4.04% 4.00% 4.00% 4.11% 3.81% TOlal Revenues Before TranS!1 (2.87%) (1.11%) (4.69%) (3.50%) 2.30% 4.11% 2.05% 3.91% 4.07% 4.22% 3.95% 3.69% 3.23% 3.51% 41.08% Transfers from Other Funds 2.24% 11.64% 14.72% 2.77% (7.54%) 3.41% 2.68% 3.45% 4.03% 4.04% 4.06% 4.08~ 4.11% 3.81% TOTAL REVENUES (2.27%) 0.40% (2.28%) (2.63%) 0.86% 4.01% 2.13% 3.85% 4.06% 4.20% 3.97% 3.74% 3.35% 3.55% 39.26% Expenditures Base Salaries 2.71% 2.21% 1.30% (2.19%) (7.00%) 0.00% 0.50% 1.00% 3.25% 3.50% 3.10% 2.05% 2.35% 2.50% 10.89% Salary & flenerrt Reductions to be NeooUated (1) N/A NfA NfA PAPOA Salal}' Increase Deferral (2) .fA N/A Savings from SEtU N/A NfA Savings from MgmUProf. N/A N/A flenefils (4.54%) 9.25% 9.25% 1.54% (0.74%) 11.31% 4.49% 4.36% 4.96% 5.10% 4.97% 4.09% 4.71% 4.84% 51.01% Subtotal: Salaries and Benefits 0.30% 1.24% 0.23% 0.08% (3.53%) 3.70% 2.06% 4.01% 4.03% 4.25% 3.90% 3.77% 3.43% 3.55% 33.10% Contracl Services 7.37% (10.14%) (5.33%) 9.84% 6.46% 1.50% 1.70% 2.50% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% Supplies & Malerials (0.10%) 17.33% 12.17% (3.86%) (4.39%) 1.50% 1.70% 2.50% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% General Expense (1.83%) 13.15% 14.18% (3.30%) (2.50%) 2.55% 2.61% 2.05% 3.00% 2.99% 3.00% 3.00% 3.00% 2.30% Renls. leases, & Equipment (10.58%) 19.53% 16.33% (12.05%) (5.40%) 1.50% 1.70% 2.50% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% Allocated Expenses (30.39%) 39.17% 39.17% 0.51% 7.37% 1.50% 1.10% 2.50% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% TOlal EKpendilures Before Tra (43.21%) 4.84% 4.41% 0.32% (1.57%) 3.29% 2.58% 3.55% 3.69% 3.85% 3.66% 3.52% 3.20% 3.32% 33.17% Transfers to Other Fund,'i: GF Transferfor Infrastructure CIP 13.71% (23.34%) (23.34%) 0.00% 30.34% 9.80% 4.15% 4.26% 4.30% 4.48% 4.60% 4.70% 4.80% 4.90% Projects 39.50% (43.52%) (43.52%) 0.00% (53.04%) (6.35%) 3.00% 2.97% 2.94% 2.91% 2.94% 2.91% 2.68% 3.00% Debt Service (0.01%) 0.38% 0.38% (9.02%) (0.53%) (14.00%) (19.07%) (0.40%) 0.66% (0.31%) 0.15% (0.10%) 0.31% (69.04%) other 115.30% (50.00%) (50.00%) 0.00% 0.00% 4.00% 4.00% 4.00% 4.00% 4.00% 0.00% 0.00% 0.00% 0.00% TOTAL EXPENDITURES (39.50%) 0.90% (0.53%) (0.81%) (0.48%) 5.01% 3.19% 2.68% 3.67% 3.81% 3.65% 3.53% 3.32% 3.09% 38.19% NOI Operating SurplusJ(Gap) (100.06%) (389.82%) (101.92%) (3948.75%) 116.60% (56.70%) (44.62%) (84.30%) (41O.01%) 95.51% 8.29% 119.23% Scenario 2 -Salaries Increase 2% per year, beginning FY 2013 , , LONG RANGE FINANCIAL FORECAST MODEL 2010 ($000) , , FY200li fY ro16 F'f 2{ll0 FY 201lJ F'/201! F'l1012 FYlt}ll F'i20H F'i 2015 F'l:ID16 F'l20U FY",,' FV 2{Jl~ F't~;1'O' Aclual """"" ':."J~'" Budgol Budg!)1 '~J"". Budget 1:-&1:00 TlIXfI& I 20,069 $ 19,650 I 11,191) I 1'~13 I 16,218 ! 18,941 S 19.114 , 20.570 $ 21,419 $ n,4:45 $ 2"J,23t I 2J,92{1 $ 24,612 I 25,550 : Properly T axos 2M12 "-152 25,116 25.113 S 2S,9U1 $ 26.552 $ 27,545 , 28,851 $ 30,293 ! 31.ll63 ! 33.411 , 34,955 , 35,187 $ 3&,a~1 : UtilI;' Usaf T ro: H.03Il 11,:(50 11,417 11,417 $: 11.429 , 17,115 I 12.12(1 $ 13,229 $ 13,626 $ 14.111 $ 14.138 I 15,328 $ 15,941 $ 16,518 'TwnSittlt Cilx:upanc.y TII1 1.tH 1,{\OO $,6$ M39 $ 6,944 I 7,175 $ '".' $ 1,694 $ 6,O6{l $ "''' I ~'" , a,m , 9~91 $ !I,681 Addiiooal Hotel ~ te\'eliue $ 11 $ '" , 15' $ '" $ "a $ 159 $ 161 $ 162 , 164 I I&; M<fifiOnai MiIlg's Hole! RwMue I I '00 I "'" I .,. I '" I '" $ 624 $ '" I '" Oocumenta!'y Tl1nSferTro: ',092 ~"'" ~25<) t'''' I 3,613 I 3,101 I 3,601 I 3,912 I 'P21 I ',116 I 4,154 $ 4,131 I 4,149 I 4,i~3 other T ~ tMS &. PoMItm ',3<1$ ,833 2,314 Z,334 S ~:l>J I 2,316 $ 2,436 S 2,514 $ ' .... $ ',ll>ll $ l,ls] $ 2,691 $ 2,990" $ M" , SubIOUlI: TaX(l$ 00,102 ",'" 00,64& 6$,.131 5\1,518 11.013 14,253 11.525 &;,85. 84,52fi 81,953 91,150 93.004 91i.100 Servloo Fees & Pwmi',s 1wO 11~31 15.81 lS,'" 1$ ",'" 17.931 18,261 18.500 19,541 2{l,m 21,m 21,941 "MIl 23,,61> JoInt SeNiee AgJUmef6 {S!:anlord Ui1lwmhy 1,,," 1,"" 1,632 1,6S2 $ 1,!Kl2 6,461 6,624 ~"" ',655 10,162 10,003 11,196 1j,]51 12,345 Interest Earnings ,,ooe 1.\100 1,&;2 1,002 $ 1,646 1.61<> 1,124 1,165 1,352 1,923 ',002 2,053 2,(J95 2,163 OtbsrW,/(!IIue5 11,246 15.352 lUiS fUll $ i5,352 15,643 13,940 14,2S5 14,681 15"" 15,424 15,624 16,235 16.659 Reimbui$OO1cnl$ from Other Funds 11,463 lQ,ii4;J 10.;;9 lI,i,54& I 10,612 10.9&4 11,211 lUGS 12,131 12,621 13,140 13,616 14,238 14,1&1 Total Revarues 8+fort Troosfm 123,845 121,414 "' .... 113,191 12o,1~9 125,109 1211,2115 133,:ID4 1311,729 H4,SIlS "",.. 155,845 100,813 100.s19 Trall$f61$ fromOlh(lr Funds lMI4 lU!4 2U01 ,~,.. $ lUll 19,321 19,839 20,5lJ 21,350 22,213 23,115 24,056 25,047 "-"" TOTAL REVeNUES 141,459 142.1311 13!U41 13Ull9 1311,433 145,030 148,124 153,9&1 160.019 165,71111 113,412 119,004 HI!),!)2!) 192,5af1 E~pct)dlute$ I BaseSa' .. lIes 62,104 63.512 6M69 52,819 I 56,509 ,6,509 59.519 60,613 52,000 63,332 64,599 65,B91 01,209 86,553 Sa!al)' & Selle1i1 Retjuc1ions 10 be NegOLiated \)1 (3,000) $ PftPOASalarylnrxW$t),;te((.a:w {169} {1~ I Savings from SEIU (1,22') (t222 Savings (HIm M~tlProf. (aoS) (&)11 Benefits 29.471 32,205 32,2{1S 32.7(12 I 3O,OJ5 33,432 35,154 38)l2J 30,458 4(1,168 42,012 43,935 45,Qffl 48,131 (Savin9s from Misc(lrnpbyee conlribuoons!O medical pramlumsy>J . (529) I"') ~") 1"'1 19"1 (997) (1,MO) 11,100) (t.151) (Savings from Tier 2 fOrMis<::efl1lneous emp\o~'Ii!8s1 11O~ 1198) 1118) (344) (398) (485) (577) «(72) OIher Activities 4,156 1 Additional Retlremant ConLribulion Increase 401 '93 2,663 2,999 3,325 3,665 4,017 4,361 Retiree Medica! CosllneJea06 . . . Salary & BenerrtReduclWlns to be NegoUatoo ., nt' . , rI. rI. ,{ . •• ". •• I vacant Posilioos Salary Savings (1,300) Subtotal: Snlaries and Benefits 91,561 92,717 91,787 92,194 66,544 91,6ZO \14,610 99,316 101.362 lfl5,~6 106.683 112,310 115,091 119,r.l13 Contract Services 10,100 9mB 9,552 9,009 $ 10,100 1O,m 10,508 10,771 11,094 11,421 il,nO 12,123 12,481 12,861 Supplies & Materials 3,023 3,541 3,391 3,410 S 3,242 3)91 3,347 3,430 3,533 3,639 3,746 3,001 3,911 4,096 GErner;)1 EXlXlnS6 g,OOO 10.193 to,2M 9,051 $ tO,On 10,218 10,546 10,646 11,112 11,506 11,851 12,206 12,513 12,86-2 Rellts, laa!es, & Equip;llnf:t 1.014 1.Z12 1,100 1,(01) $ 1,115 1,13Z 1,151 1,100 1,215 1,251 1.269 1,328 tailS 1,409 loca:ed Expenses 10,261 Other~ 14,316 14,316 14,3$9 $ 15,311 15,002 15,667 16,2'63 18,151 11,254 11.112 16,1<1<; i6,054 19,419 UtilI)' Opern!illg Coslir>CfeMe "" I~OO 1,100 1,000 1,0011 1,000 1,100 1,0011 1,000 TOlal fxpemlltures Before lrnnslilfs 115,n1J 131,061 13tl,521 131,465 126.414 131,104 131,226 142:,009 141,126 1l)1.6~6 15t.313 161,113 11itH!] 111.260 Tnmsf(lfs to Other funds OF Troll$~for 11Ifmlruclu:" CIP 6,062 6,100 ~IOO 6,181) $ M" 6.644 9,211 S,IK>! 10,024 10.474 10.955 HAl!; 12Jl2i 12,610 OIherAcivWt;s Infrnslrucluro Conlribullon lnueasa 1,0011 toOO toOO ',0011 ',0011 ,~OO ',000 ',000 2,000 T euM%gf Fund Repaj1IlM! 1.225 1.221 -t,225 1,225 Public Safety Bktg. BIJd9€I Savngs (2100 (',)00) Gf T rar.s1& fur Other Capital' projects ~'" 3,121) 3,121} 3,120 $ 1,141 I,'" 1,005 1.135 1,100 1,636 1,1:192 1.1.141 ',0)3 2.0!}] DebtSeIYk:e 1,002 1,066 j,<166 "" $ 1,00' i12fj '" 149 ". 151 153 "" 754 '" OIIw, " ., " " I " .. " 47 " " " " 51 51, TOTAL EXPENMURES 14o,s2:7 142,089 ,4O,!}74 141l,93{; 139,396 146,362 151,141 156,243 161,141 165,14!} 111,9lH 171,153 162,91(1 166,218 I N(ll OperaUog Smplusi(Gap) ." " (1,633J (2,531) " ~,3"J {4,023} P,l1~ p,,,~ " 1,443 2,551 t .. , <.302 Orawdown 00 Blllk/el Sl<lbiitatio,l ReEWW 1,833 m CUrnpnlhenW.'e Af)11',!91 Fl.). Rpt R5cQn. 111 Yea: -end savings L«ti Hlri'lQ Freel& 1,7C4 Sub!¢flll 111 1.933 2,531 GRAND NET SURPLUS (GAP) , '" , " • $ (m , " , (1,3'~ $ (4,<}23) $ {3,116j $ 11.6'~ , " , lA48 $ 2,551 , 2,941 , 4,302 !1i In FY 200!l,t2.8 mlllloo In pennamnt budgewd compensation savings has OOen realil(!d. t21 Police union (pAPOA).defewld thalr f'( 1010 negotiated salary Iflt:rBase or $M 11111110010 FY 2011 fa) Savings Include ARC ~;tv1n.gs (reUree medical required COIlllwu!ton; Scenario 2 • Percentage Changes %Chal\9~ (11.20%) (2.1!1O/~ 10.11% 1.26% 7.24% US% {lO.!l5%j {1.56%; Addliot,,;,j HotOl ~ re¥tIlUG AUdl00alJ,rllg'$ Ho!E1 ReviJnoo Flne$ & PenaXies SublOill!: TalrtlS TOTAL REVENUES {'.54%} 9,25% Subtotal: Salarlss and (O.'OIl) (ta3%) (IMll%l (31).33%) 11.11% (23.>!") TOTAL EXPENDITURES % • • Change Change Chango Change Changil Charlge 3.91% 4'!.l8% 4.34% U2% tSO% 3.50% 3.QO% 2.116% 2049% 3.74% 4.14% S.OO':4 5.18% 4.86% 4.fi2% 2.36% 6.00. 5,(10% ;"", 3.00% '.00% 4.00% 4.00% 4.O6%. 3.»% 2.86% 4.24% 4.76% ,."" 4.50% 3.20% 285. 2."'% 2.19% .". 7,111% 4.2Sr. 4.1:;1% '.9211 ,.93, 4.96% HI1% 5.01% 1.82% U6% 154% 3.15% 3.83% 4.11% 2.55% 2.05% 1.il3% (""l'lI) 2,55% 2,56% 2.$. 2.58% 2.59% '.Ill% 3Al% 2,61% 14.% 4.1j20/~ 4J,M% 4Jl6% '~6% 4,11% 0.1.10% 2,(10% 2,00% l.OO% 7.00% 2.00% 1.00% 7.00% 1.50% 2,55% 1.50% tiro%. 5. Wk 4.75% 4.44% 4.49% 4,55% 4.50.% 4.6~% 1.10% 2.61% 1.,.,. 1.70% 2.50% 2.85% ",,. '50% 2.!)7% (MO') 3.00% ,."" 3.00% 2.99% '.00% ''''' 3.00% 3.00% 2.94%