Mayor R.T. Rybak August 14, 2008 City of Minneapolis 2009 Minneapolis Budget Mayor R.T. Rybak August 14, 2008 City of Minneapolis

Values we live by Provide a good return on taxpayers’ investment in Minneapolis. Produce results we can measure. Always look to the future.

Performing under pressure Focused resources Measured progress Demanded results

Strong fiscal management Producing Results Strong fiscal management Make Minneapolis safe Build a strong economy

Strong fiscal management Instituted five-year planning Held the line on spending Reduced $88 million in debt Balanced budgets into the future

We need pension reform: Annual pension costs are rising 2009 updated - Toping out at $38 million – this is a $6 million increase over last year!!!

Police Spending has grown from $98M on ’03  $134M in ’09 Updated 2009

Maintain the largest sworn police force since 2002 880 880 861 798 797 797 850 862 Updated 2009 – gaynell said to use 880

Making Minneapolis Safe Larger, more visible police force New safety technology More 9-1-1 staff Community prosecutors Enforce high property standards

Making Minneapolis Safe Reinstated Juvenile Unit Community-based outreach Juvenile Supervision Center Blueprint to Prevent Youth Violence

Violent Crime is Down Citywide violent crime down 25% Northside violent crime down 32% Juvenile violent crime down 46%

More work ahead: Youth Violence Prevention: $8.3 million Stronger prosecution: $280,000

Building a strong economy Placed 17,000 people into jobs Focused on health care sector Invested in future workers

The Minneapolis Promise 2,700 students using College and Career Centers in high schools 4,000 youth in Step Up summer jobs in the last two years 723 graduates receiving free college tuition at MCTC and U of MN

Building a strong economy Market-rate loans for job creation Low-interest loans for capital improvements Loans to purchase and rehab commercial and industrial properties Alternative financing models Affordable housing

Public Infrastructure Results Undelivered: Public Infrastructure

We have invested in safety at the expense of infrastructure

Mayor’s Infrastructure 2009 Budget Proposal: $27.5 million Mayor’s Infrastructure Acceleration Program

Mayor’s Infrastructure Acceleration Program Street and parkway improvement Bike trail maintenance Traffic and street light repair

Street/Parkway Condition Many arterial streets are in disrepair and need to be resurfaced. Other arterial streets are in serious condition and require complete reconstruction. Some arterial streets are in good condition.

Mayor’s Infrastructure Acceleration Program Completely resurface 43 miles of arterial streets and parkways

Mayor’s Infrastructure Acceleration Program Seal coat and prevent cracks and potholes in all 26 miles of arterial streets and parkways that require this attention

Mayor’s Infrastructure Acceleration Program Improves more than one third of all city-managed arterial streets in five years.

Bike trail maintenance Snow and ice removal Seal coating Resurfacing

Traffic/Street Light Condition 900 street and traffic light poles on arterial streets and parkways are in structurally poor condition. 4,200 street and traffic light poles are structurally sound, but are at risk for corrosion.

Mayor’s Infrastructure Acceleration Program Replace all 900 traffic and street light poles in structurally poor condition. Repaint nearly 3,800 traffic and street light poles at risk for corrosion.

Mayor’s Infrastructure Acceleration Program Streets/Parkways $19.25 M Bike trails $0.5 M Traffic/Street lights $5.25 M Park Infrastructure $2.5 M Total Accelerated Program $27.5 M

Building on past progress Transit capacity on I-35W Bridge Central Corridor MARQ2 transit corridors Hennepin + First Avenues Nicollet Mall

Attachments 2009 Budget Overview The Mayor’s complete 2009 budget will be available on the City’s website at: http://www.ci.minneapolis.mn.us/city-budget/2009recommended/index.asp Updated 2009

Estimated Property Tax Impact Updated 2009

City Taxes Replace State Aid Minneapolis Revenues 2002-2009 Updated – note – 2009 property taxes are level because the library operating levy is removed; the library levy is in all of the history. Note increase in LGA in 2009 is 6.6 million.

Revenues by Major Sources ($1.4 Billion) Updated 2009 *Other: payments from other local governments, franchise fees, fines and forfeitures, interest income, rents, gains, contributions, bond proceeds **For services such as water, sewer, parking, and garbage pick-up)

Expenditures by Major Functions ($1.4 Billion) Updated 2009 * Other includes non-departmental, pension, worker’s comp, liability, contingency, Board of Estimate, Bldg Commission, Assessor, Council, Clerk, Civil Rights, and Mayor

Revenue Budget in the General Fund ($374 million) Updated 2009

Expense Budget in the General Fund ($374 million) Updated 2009

Budget Comparison (Dollars in billions) City vs. State Spending Budget Comparison (Dollars in billions) 2003 Revenue 2007 Revenue Percent Increase City of Minneapolis 0.8825 2006 0.9655 9% State of Minnesota 43.207 52.086 21%