1. City of New Orleans Financial Overview

2. City of New Orleans Budget Overview Revenue Expenditure 2005 2006 2005 2006 (in millions) Operating Budget $620 $460 $620 $460 Capital Budget $ 70 $0.2 $ 70 $0.2 Bd. of Liquidation $58 Unk. $ 57 $58 Slide 2

4. 45 -80%

5. City Tax Revenue 2005 2006 Sales tax $152.5 $21.3 Property tax 111.9 Utility tax 11.5 2.0 Doc. Trans. tax Other tax 4.3 -- TOTAL $260.4 $52.2 Bd of Liquidation $56.0 Unknown 33.4 7.0.2

8. Source 1996 BGR report Property Taxes in New Orleans: Who Pays? Who Doesn’t? And Why?

10. City Expenditures by Department Operating Expenditures Figures in $millions, rounded 2005 2006 % Chg Police 124 101 -19% Mayor– Neighborhood 1 43 42 -2 Chief Admin Office 53 40 -25 Fire 51 40 -22 Mayor 31 22 -30 Sanitation 35 21 -41 Health 20 16 -22 Public Works 19 10 -50 Finance Operations Only 13 6 -56 Property Management 11 6 -45 Law 10 6 -32 City Council 12 4 -66 Parks & Parkways 7 4 -52 Safety & Permits 5 3 -37 Mayor– Economic Development 7 2 -75 Recreation 8 1 -90 Human Services 2 1 -63 Civil Service 2 1 -58 Other 9 0 -100 Totals 464 324 -30 38 39 +2

11. 2005 2006 3 2 2 $45$27

12. City Capital Budget (in millions) Revenues Expenditures: Major Components Major & minor streets Parks & Recreation Other Public Facilities City’s Energy Mgmt. Program $70 $0 70 49 10 7 3 2005 2006