May 7, 2012 General Overview FY 2013 Budget

Objectives 2 General financial overview  Detailed financial and economic presentation will be presented at May 21, 2012 budget hearing Overview of FY 2013 recommended budget document Overview of format for May 21 st budget hearing

General Financial Overview FY 2013 budget process began in September 2011 Council workshop approved actions included Conservative revenue estimates  Total city-wide revenues up 2.6%  General Fund revenues up 2.8% Expenses reflect realistic reductions to address mandatory cost increases and minimize service level impacts  Total city-wide expenses down 4.7%  General Fund expenses flat 3

FY 2013 Operating Revenues by Category 4

FY 2013 Operating Appropriations by Category 5

By The Numbers 6

Overview of Budget Document CM transmittal letter Budget summary reports  City-wide appropriations- various sorts (inc CIP and affiliated agencies)  City-wide FTEs – various sorts (inc affiliated agencies)  General Fund appropriations and revenues Budget line-item reports  City-wide line item appropriations and revenues  General Fund line-item appropriations and revenues 7

Overview of Budget Document – con’t Department budget narratives  Numbers summary  Appropriations and FTEs  Department description  FY 2012 accomplishments  FY 2013 budget overview  Future outlook  Performance measures 8

May 21 st Budget Hearing Process Detailed financial economic update  Trends and potential impact on FY 2012 and FY 2013 budgets Overview of FY 2013 recommended budget  Overview of numbers and assumptions  Summary explanation of variances from FY 2012  Budget development changes and rationale Department presentations  Summary of numbers  Changes from FY 2012  Key strategies/programs for FY

May 21 st Budget Hearing Process Presentation of various budget adoption resolutions  FY 2013 budget  FY 2013 GFT from Power Fund  Taxes, fees, and charges  General fees  Gann Limit 10