mayor's fy12 budget powerpoint presentation

8/6/2019 Mayor's FY12 Budget PowerPoint Presentation

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City of LawrenceFiscal Year 2012 Budget

Moving ForwardSubmitted:

May 31, 2011Mayor William Lantigua


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INHERITED DEFICITS

JANUARY 2010

Failed leadership and chronic mismanagement of public finances

by prior administration led to the following deficit:

Capital Projects $3,965,564

FY08 $1,665,614

FY09 $2,493,709

FY10 $15,875,113

Total Deficit: $24,000,000


3/17

Moving Forward

The Mayors Approach

January 4, 2010Present

Reforms, Efficiencies & Savings

Responsible Budgeting

Moving City Forward


4/17

Reforms/Efficiencies/Savings

January 4th and Counting

Freeze and Mayoral review of all expenses in excess of$1,000.00Executive Order Continues

Freeze and Mayoral/Overseer review of all over timeexpensesExecutive Order

Aggressive collection of water/sewer and property taxbills

Elimination of Solid waster pickup for Commercialproperties

Successful Transition to Group Insurance Commission On-time and on-budget reporting to DOR Increased MUNIS Accounting System Controls


5/17

Moving Forward

Responsible Budgeting Balanced Budget as submitted (2nd year in row)

Structural deficit eliminated No lay-offs; School & City

No one time revenue sources No new borrowing Fire Dept. budget includes funding for 38 Firefighters;

laid off and new recruits (Safer Grant)

Police Dept. budget includes funding for 9 PoliceOfficers that were called back from lay-offs over thispast year

Additional Police funding being sought through COPSgrant (September 2011 decision date)


6/17

Moving City Forward

Will establish Capital Improvement Committee toestablish City priorities moving forward (last done in2003)

Aggressive and Innovative Road Repair Program will

begin this summer utilizing Chapter 90 Road moneywhich totals $1.3 million (off budget item), an increasefrom last year

Park Improvements will continue including our historic

Campagnone Common Water & Sewer Enterprise Fund will begin CapitalImprovements on Fire flow protection, clarification,distribution and treatment plant efficiencies


7/17

Moving Forward

FY 12 Budget Facts FY 12 unrestricted Local Aid Cut = $1.2 million

Increase of debt appropriation of $1.6 million, of which $1.3million is for principal and interest on the $27.3 in borrowing

City will not borrow the remaining $7.6 million in authorization

Retirement Savings based on funding schedule extension until2040, which = $477k

Reduction of Unemployment Appropriation = $700K

Health Care Appropriation Reduction of $1,831,056 due to

successful transition into GIC, of which $1,516,634 is savings forthe transfer of retirees to medicare (effective July 1st)


8/17

Moving Forward

FY 12 Budget Facts

Lawrence Municipal Airport Enterprise Fund (Councilapproval needed)

Water and Sewer Enterprise fund remains healthy

Budget does include a Parking ticket increase (Councilapproval needed) $15.00 - $25.00 for additionalrevenue of $200K

Establishment of Capital Reserve Fund pursuant toChapter 58 of Acts of 2010 (special legislation)


9/17

Moving Forward

The Unions in FY12

Collective Bargaining Negotiationsmust continue in FY12

Union Concessions are Needed Over 30 individuals remain laid-off

which continues to impair all

municipal services for the citizensof Lawrence


10/17

Moving Forward

FY12 Budget Appropriation

$237,381,435

(includes airport and

water/sewer enterprise

funds)


11/17

Moving Forward FY 12 Appropriation BreakdownFY12 Appropriation

$237,381,435

61.30%

8.96%

8.83%

7.14%

6.33%

3.58%

2.79%

0.47%

0.42%

0.09%

0.08%

0.01%

Education

Public Safety

Employee Benefits

Enterprise Funds

Debt Service

Public Works

General Government

Human Services

Culture and Recreation

Property & Auto Insurance

Other Financing Sources

Intergovernmental


12/17

Moving Forward

FY12 Anticipated Revenues

$251, 526,360(includes State Aid, Tax Levy, Local Receipts)


13/17

Moving Forward FY 12 RevenuesFY12 Revenues by Source

Revenues Raised $251,526,360

68.01%

20.65%

11.35%

State Aid $171,050,829

Tax Levy $51,928,568

Local Receipts $28,546,963

M i F d


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Moving Forward

FY 12 Budget

Local Aid Unrestricted Local Aid cut $11.7 million from FY09 FY11

Free Cash:

2005 = $3, 255,813

2006 = (2,490,350)

2007 = (15,112,680)

2008 = (12,098,339)

2009 = Balance Sheet Not Certified

2010 = Balance Sheet Not Certified

2011 = $5,443,486


15/17

Moving Forward

FY 12 New Revenues /Savings We will continue working with City Council on the sale of tax

title property (not included in FY12 revenue projections)

Finalize pay & display parking meter initiative ( not includedin FY12 revenue projections)

Request review and amendments of Licensing Commissionfees

Review financial benefits of Cell Antennas on City ownedproperty and Advertising solicitation

Implement Energy Cost Saving measures throughout Cityowned buildings (Energy Grant $565K)

Continue to monitor and scrutinize all spending


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Moving Forward

FY12 Budget

Balanced Budget proposal for City Councilconsideration and approval with no lay-offs

Conservative revenue projections and accurateexpense proposals

Union concessions still needed to restore levelsof services in all areas of government

Continued reforms, efficiencies and movingLawrence forward will be our focus for FY12


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mayor's fy12 budget powerpoint presentation

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