november 8, 2010. exami ne budg et priorities! “very good” financial condition “higher than...

November 8, 2010

EXAMIEXAMINENE

BUDGBUDGETETPRIORITIES!PRIORITIES!

• “Very Good” Financial Condition

• “Higher than Average” Fund Balance

• Unrestricted Fund Balances in ISFs

• No Unfunded Post-Retirement Health Insurance Liabilities

• Unreserved, Undesignated Fund Balances

Equipment Mechanic LOWEST of 6 CitiesFacilities Maintenance Worker 2nd LOWEST of 4 citiesGroundskeeper LOWEST of 5 citiesLaboratory Technician LOWEST of 7 cities and districtsMaintenance Worker 2nd LOWEST of 6 citiesPlant Operator 2nd LOWEST of 8 cities and districtsTree Maintenance Worker LOWEST of 5 citiesPublic Safety Dispatcher LOWEST of 4 citiesPC Support Specialist LOWEST of 5 citiesPolice Records Specialist LOWEST of 4 citiesPrinter LOWEST of 3 citiesManagement Assistant LOWEST of 6 citiesSr. Accounting Assistant LOWEST of 6 citiesSr. Building Inspector LOWEST of 5 citiesSr. Engineering Technician LOWEST of 6 citiesOVERALL LOWEST of all cities studied

Facilities Maintenance Worker 2nd LOWEST compensation out of 4 citiesGroundskeeper LOWEST compensation out of 5 cities

Police Records Specialist LOWEST compensation out of 4 citiesPrinter LOWEST compensation out of 3 cities

City of VenturaCompensation Rankings

CITY OF VENTURA COMPENSATION POLICY

OBJECTIVE “to compensate employees at rates generally consistent (WORDS): with the middle of the labor market as measured by the

average of the combination of the median and the mean.”

REALITY 11.9 – 12.8% BELOW Average(ACTIONS):

With proposed pay cuts:15.8 – 16.7% BELOW Average

LOWEST PAID MUNICIPAL WORKERS IN VENTURA COUNTY REGION

IMPACT OFCITY’S PROPOSAL

Groundskeeper ($2965/month)

-3.89% Pay Cut-5.29% Health Premium Increases

(Family Coverage)-9.18% Reduction in Take-Home Pay

Foreclosure Registry Ordinance Reduces Blight

Foreclosure Registry Ordinance Increases Revenues

Chula Vista $1.5 million

Riverside $3.5 million

Los Angeles $5 million

Foreclosure Registry Ordinance Stabilizes Neighborhoods

“We are Ventura!”