Cao Budget Presentation Proposal
CITY OF NEW ORLEANS
2013 Budget Proposal
October 29th, 2012
10/29/2012
Mayor’s Office of Communications
2013 Budget Presentation
• Background • Performance Management/Review of Improvements
• 2013 Budget Proposal
2
2013 Budget Proposal
Funding Cuts at the State and Federal level are posing significant budgeting challenges for municipalities across the U.S.
● Nearly 48% of cities plan to reduce workforce this year ● Los Angeles predicts over 200 City jobs will be eliminated due to budgetary challenges
● San Bernardino closing all but one library and reducing 100 jobs including Police and Fire positions
● The State of Louisiana is not meeting its obligation to fund District Attorney, Indigent Defender, or mental health
We must continue to take action to be smart about how we get smaller
3
2013 Budget Proposal
The Landrieu Administration addressed an inherited $97M spending gap
Budget Comparison $550M
2009 Expenditure $528M
500 110 450 $431M
$97M Gap
400 418 431 Gap Recurring Revenue 2010
350
300
2009
Note: One-time revenue sources not included in chart 4
2013 Budget Proposal
First step to eliminating gap was to reverse the spending trend
Annual Expenses $550M
$528.0M $496.0M
500
$483.0M
$479.9M
$477.8M*
$50.2M Difference
450
400
350
*= Proposed $477.8M expenditure does not include $13.4M appropriation to fund balance. Including fund balance contribution, the City is proposing a budget of $491.4M in 2013.
300
Delta to previous year
5
2009 +$28M
2010 -$32M
2011 -$13M
2013 Proposed 2012 Projected
-$3M
-$2M
2013 Budget Proposal
Second step was to reduce the reliance on onetime monies to balance the budget
Annual Revenue $500M
$474.4M $466.0M $484.1M
5
$483.6M
$491.4M
56
35
400 431
479 418
484
491
300
Recurring Revenue One-time 2009 2010 2011 2012* Projected 2013 Proposed
6
2013 Budget Proposal
We are now living within our means
Historical Expense vs. Revenue $550M $528M 54 $496M 29 450 56 35 $484M $484M $491M Actual
2013 Budget Proposal
October 29th, 2012
10/29/2012
Mayor’s Office of Communications
2013 Budget Presentation
• Background • Performance Management/Review of Improvements
• 2013 Budget Proposal
2
2013 Budget Proposal
Funding Cuts at the State and Federal level are posing significant budgeting challenges for municipalities across the U.S.
● Nearly 48% of cities plan to reduce workforce this year ● Los Angeles predicts over 200 City jobs will be eliminated due to budgetary challenges
● San Bernardino closing all but one library and reducing 100 jobs including Police and Fire positions
● The State of Louisiana is not meeting its obligation to fund District Attorney, Indigent Defender, or mental health
We must continue to take action to be smart about how we get smaller
3
2013 Budget Proposal
The Landrieu Administration addressed an inherited $97M spending gap
Budget Comparison $550M
2009 Expenditure $528M
500 110 450 $431M
$97M Gap
400 418 431 Gap Recurring Revenue 2010
350
300
2009
Note: One-time revenue sources not included in chart 4
2013 Budget Proposal
First step to eliminating gap was to reverse the spending trend
Annual Expenses $550M
$528.0M $496.0M
500
$483.0M
$479.9M
$477.8M*
$50.2M Difference
450
400
350
*= Proposed $477.8M expenditure does not include $13.4M appropriation to fund balance. Including fund balance contribution, the City is proposing a budget of $491.4M in 2013.
300
Delta to previous year
5
2009 +$28M
2010 -$32M
2011 -$13M
2013 Proposed 2012 Projected
-$3M
-$2M
2013 Budget Proposal
Second step was to reduce the reliance on onetime monies to balance the budget
Annual Revenue $500M
$474.4M $466.0M $484.1M
5
$483.6M
$491.4M
56
35
400 431
479 418
484
491
300
Recurring Revenue One-time 2009 2010 2011 2012* Projected 2013 Proposed
6
2013 Budget Proposal
We are now living within our means
Historical Expense vs. Revenue $550M $528M 54 $496M 29 450 56 35 $484M $484M $491M Actual