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R����Y � ��� <br />"�' � <br />_.� � i <br />2 To: <br />3 <br />Mayaar and City Council <br />Bill Malit�en, Ci�y Manager <br />4 Fxpm: Chris Miller, �i�ance Directorf C�,,�' <br />��.� <br />5 Date: May 14, 2007 <br />6 Re: Histarical ft�view of ihe City Buc�get <br />8 <br />9 <br />10 <br />lx <br />12 <br />l3 <br />�4 <br />�5 <br />16 <br />17 <br />1S <br />19 <br />20 <br />2� <br />22 <br />23 <br />24 <br />2S <br />2b <br />27 <br />28 <br />29 <br />30 <br />3I <br />32 <br />33 <br />34 <br />�5 <br />Date: 511410�" <br />I�em: 5.1� <br />2005 Budget <br />Introd�cti�n <br />In an effprt t€� provide t�e Council with added perspective on ihe City's budget decisions and <br />their irnpaci, Staf� has eompiled a general �istory of rece�t year's b�dget actians. This shauld <br />provide the Cauncil wi�h added means af gauging whather the current budget is eff�ctive i� <br />c�elivering programs and services at expected levels. �t should alsn provide so�n� usefui <br />infornnatior� in making budget d�cisions for 2048 and be�ozxd. <br />ZQQ3-2007 Sudget 4verview <br />Durin� ihe past 5 years, the City's o�verall budget went irorn $33.fi z��llian to $32.6 rnilliQn, a <br />decrease of $1 �xaill'zon. The decarease is largeiy due to a reduc�ion in TIF az�d debt service <br />e�penditures whic� znore tl�an of�set increases in o�hcr expenditure categories. �'erhaps a rnore <br />�sefui comparison however is with resp�ci to the pragrams and services i1�a� are fundec� in �ari or <br />in �ntal, by property taxes. This zncludes; police, fire, str�et mainl:enance, parl�s &�ecreation, <br />general administra�ive and finance fut�ctions, as weil as other prngra�xas. <br />During ��e past S years, the budget foar the City's ro ert tax-su orted ro rarns wezat £rom <br />$1 S.9 rnilliar� to $16.3 mi�lion, an increase o� approxirnately $400,000 or less ik�an 1%�er year. <br />During this sazx�e periad, lacal infla�ion, whic� erodes purchasi�:g pawer, was approximately 3% <br />per year. As a result, over th� past 5 years total �ud�et allncatians for maz�y a�'th� Ci�y'S GOX� <br />fu�ctions declined i� real do�lars. Tl�is decl�ne in real funding dol�ars �as strained the City's <br />abiliiy to maintain programs and services at expected l�vels. . <br />2003-20�7 I3udget Rednciion� <br />As noted above, over the past 5 yea�s funding increases in �he praperty tax-su��ortec� progra�ns <br />�as trailed infla�ion. The primary reason is largely c�ue to reduciions in available arevenue; <br />priz�a�ily general-purpose stiate aid. This l�as necessitated the mndest gz�owih and in sorne area� <br />neeess�tated budget red�ctions. <br />