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HomeMy WebLinkAboutD. 2014 Budget Finance and Budget Workshop - City-wide Goals 06-17-13� rz/�Af% law v PEACE -1855 I x d �a ®SpU T17 6� �O �F Z� �U W rencs >, 16 �a2 ■ 1865 South Bend Common Council Personnel &Finance Committee 2014 Budget Priorities • Administration Vision /Strategy • City Revenue Estimates • Administration Key Budget Priorities • Council Key Budget Priorities tipUT11ItA. i What South Bend Must Be Our goal is to ensure South Bend is a strong and open city for everyone, where: 1: The basics are easy for citizens 2: Government services are first -rate 3: Everyone can thrive tipUT11ItA, i Our strategy to get there • Strategy —Key guide posts to frame long and short -term planning efforts: 1. Measure how well we deliver and make decisions based on good information 2. Streamline city processes for citizens /customers 3. Break down bureaucratic walls to deal with complex issues 4. Welcome innovation and questions habit 5. Form connections and partnerships for economic growth, education, public safety and quality of life 6. Attract, grow, retain and engage excellent employees in an excellent work environment City of South Bend Revenue Summary - 2010 to 2014 Prepared - May 25, 2013 (000,5 2010 2011 2012 2013 2014 2013 -2014 Percent Fund Name Actual Actual Actual Amended Budget Change Change Budget 2013 -14 City Controlled Funds General Fund 61,450 60,912 63,585 63,932 55,649 (8,283) -13% Special Revenue 43,225 37,143 36,567 44,144 37,697 (6,448) -15% Capital & Debt Service 25,131 23,765 26,875 25,788 24,622 (1,166) -5% Enterprise 74,293 103,170 113,687 98,294 94,207 (4,087) -4% Internal Service 15,866 17,999 21,154 23,405 24,478 1,073 5% Trust 11,012 12,022 13,208 12,162 12,162 0 0% TOTAL CITYFUNDS 230,975 255,011 275,076 267,725 248,814 (18,911) -7% Tax Increment Financing 50,917 29,392 28,435 25,428 24,024 (1,403) -6% Redevelopment 6,775 2,338 1,786 2,515 3,101 586 23% Debt Service 516 653 24 15 15 0 0% TOTAL REDEVELOPMENT COMMISSION 58,208 32,382 30,244 27,957 27,139 (818) -3% CITY OPERATIONS TOTAL 289,183 287,393 305,320 295,682 275,954 (19,729) -7% City of South Bend Revenue Summary - 2010 to 2014 - Selected Funds Prepared - May 25, 2013 000's 2010 2011 2012 2013 2014 2013 -2014 Percent Fund Name Actual Actual Actual Amended Budget Change Change Budget 2013 -14 GENERAL FUND - PROPERTYTAXES (1) 38,781 38,515 39,368 39,000 37,545 (1,455) -4% GENERAL FUND - PS LOIT TRANSFERS (2) 4,999 4,977 5,477 7,102 0 (7,102) -100% GENERAL FUND - OTHER 17,670 17,420 18,740 17,831 18,104 273 2% PARKS & REC - PROPERTYTAXES (1) 7,592 7,614 7,824 7,800 7,460 (340) -4% PARKS & REC - OTHER 3,974 4,375 4,451 4,562 4,822 259 6% PUBLIC SAFETY L.O.I.T. 6,083 5,511 6,789 5,900 5,962 62 1 % COUNTY OPTION INCOME TAX 7,828 8,224 9,444 8,733 8,550 (183) -2% ECONOMIC DEVELOPMENT INCOME TAX 9,330 7,949 9,673 8,732 8,814 82 1 % (1) 2014 property tax revenue estimate is equal to 2012/2013 county abstract amount x 1.03 inflation x 95% estimated collections (2) PS LOIT transfer to be eliminated for 2014 per State Board of Accounts. Budget expenditures directly from Fund 249. a'n°4Y4 2014 Priorities • Economic Development /Jobs • Information Technology Strategy • Vacant & Abandoned Housing • Customer Service /Performance Management • 2 Way Streets (Downtown) • Anti Violence • Workforce Development • Quality of Life • City Compensation Strategy /Review • Code Enforcement • 311 Center