1. 1 Town of Watertown Annual Budget 2010-2011 To download this presentation visit our website: www.watertown-ma.gov

2. 2 AGENDA  FY2010 Budget Update  FY2011 Budget Overview  Revenue and Expenditure Budgets  Revenue and Expenditure Forecast

3. 3 FY 2010 Budget Summary

4. 4 FY2010 Council Reserve Activity

5. 5 Budget Issues Uncertainty of Future Local Aid Economy Driven Revenues Retirement Appropriation Departmental Operating Budgets Shared/Regionalized Services Collective Bargaining Capital Project Funding Reuse of Town Buildings Other Post-Employment Benefits (OPEB)

6. 6 FY2011 Budget Presentation Summary

7. 7 Projected Comparison

8. 8 FY2011 Budget Progression

9. 9 Fiscal Year 2011 Revenues

10. 10 Revenue & Other Sources - General Fund

11. 11 Revenue & Other Sources – General Fund

12. 12 Revenue & Other Sources – General Fund

13. 13 Revenue & Other Sources – General Fund

14. 14 Revenue & Other Sources – General Fund

15. 15 Revenue & Other Sources – General Fund

16. 16 Revenue & Other Sources – General Fund

17. 17 Revenue & Other Sources-General Fund-Summary

18. 18 Fiscal Year 2011 Expenditures

19. 19 FY 2011 Expenditure Budget

20. 20 Group Insurance Commission - Health Insurance

21. 21 FY2011 Expenditure Budget

22. 22 FY 2011 Expenditure Budget

23. Public Safety Comparison 22a

24. 23 FY 2011 Expenditure Budget

25. 24 FY 2011 Expenditure Budget

26. 25 FY 2011 Expenditure Budget Summary

27. 26 Energy Costs - Electricity

28. 27 Energy Costs - Gas

29. 28 Revenue Forecast – Assumptions  Real Estate and Personal Property taxes  Proposition 2 ½ debt exclusion override  State Aid  Local Receipts  Other Financing Sources  Utilization of Free Cash  Utilization of Overlay Surplus  NESWC Stabilization Fund

30. 29 Revenue Forecast

31. 30 Revenue Forecast

32. 31 Revenue Forecast

33. 32 Revenue Forecast

34. 33 Revenue Forecast - Summary

35. 34 Expenditure Forecast - Assumptions  Departmental Expenditures  Education Appropriation  Snow and Ice Removal  Waste Disposal  State Assessments  Pension Costs  Insurance and Employee Benefits  Debt  Town Capital Projects  Street and Sidewalk Improvements

36. 35 Expenditure Forecast

37. 36 Expenditure Forecast

38. 37 Expenditure Forecast

39. 38 Expenditure Forecast

40. 39 Expenditure Forecast Summary

41. 40