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Mary Suhm's Bond and Budget Q&A for Dallas City Council

Mary Suhm's Bond and Budget Q&A for Dallas City Council

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Published by DallasObserver

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Published by: DallasObserver on Mar 05, 2012
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03/06/2012

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Subject
Memorandum
Date
March2,2012
To
TheHonorableMayorandMembersoftheCityCouncilResponsestoBudgetandBondProgramBriefings
CITYOFDALLAS
Attachedareresponsestoquestionsaskedbythe
City
CouncilregardingthepreliminaryoutlookoftheFY2012-13generalfundbudgetandthepotentialNovember2012generalobligationbondprogram.Attachment
c:ThomasP~Perkins.CityAttorneyCraigKinton,CityAuditor
C.
VictorLander,AdministrativeJudgeRosaRios.InterimCitySecretary
A.C.
Gonzalez,FirstAssistantCityManagerRyanS.Evans,AssistantCityManagerJillA.Jordan.P.E..AssistantCityManagerForestTurner.AssistantCityManagerJoeyZapata.AssistantCityManagerleanneChipperfield,ChiefFinancialOfficerJackIreland.Director.OfficeofFinancialServices"Dallas-Together.wedo
it
better!"
 
CityCouncilBudgetandBondProgramQuestions
1.
HowmuchwassavedfromMeetandConferforthefirsttwoyearsofthethree-yearagreement?DuringFY2010-11andFY2011-12,acombinedtotalofabout$26.2mwassavedfromtheMeetandConferagreement.2.HowmuchisbeingaddedbacktothebudgetforMeetandConferforthethirdyear,FY2012-13?$28.7misbeingaddedtotheFY2012-13budgetinordertofundthefollowingcomponentsforMeetandConferagreement:Eliminateremaining3MandatoryCityLeavedays-$3.4m3%costoflivingadjustment-$13.4mEducationIncentivePay-$5.5mAdd2holidays-$1.8mRetentionincentivebonusforrecentlyhiredofficers-$0.3mFull-year-fundingforovertimepayin-lieuofcomptime-$3.3mReinstatewellnessprogram-$l.Om3.IsfundingforStepPayforuniformpersonnelincludedintheFY2012-13PreliminaryOutlook?No.TheMeetandConferagreementrequiresthatpropertytaxandsalestaxrevenueincreaseby$27.2mabovethebaseyearbeforeStepPayisrestored.Currently,itisanticipatedthattherevenuetriggerswillnotbemet;therefore,theStepPaycosthasnotbeenaddedtothebudgetforFY2012-13.4.Howmuchisincludedinthepreliminaryoutlookforstreetstripingandsignage?$1.8mhasbeenaddedforadditionalstreetstripingandsignageintheFY2012-13preliminaryoutlook.Thetablebelowshowstheamountspreviouslybudgeted.FY2007-08FY2008-09FY2009-10FY2010-11FY2011-12Signs$1,462,424$1,799,216$848,929$806,981$793,431Markings$1,165,844$1,558,149$437,827$764,212$727,923Totals$2,628,268$3,357,365$1,286,756$1,571,193$1,521,354
 
5.HowmuchhasbeensavedthroughprivatizationoftheDallasZoo,andwhathasbeentheCity'scosteachyearsinceexecutingthecontractincludingtheexpectedcostforFY2012-13?TheCity'sstipendpaymenttoDallasZooManagement(DZM)islistedinthechartbelowforeachyear.AcomparisonoftheCity'scostinFY2008-09tothestipendforeachyearshowsthattheCityhassavedapproximately
$10Am
duringthefour-yearperiod.Thisestimateassumesthatexpensesandrevenueshavenotchangedoverthefour-yearperiod.AfterFY2012-13,theCitystipendtoDZMwillonlyincreasebasedonCPI.CityNetCityStipendtoVariance-OperatingCostDZMSavingsFY2008-09$14,395,924FY2009-10$10,800,000$3,595,924FY2010-11$10,800,000$3,595,924FY2011-12$11,800,000$2,595,924FY2012-13$13,800,000$595,924plannedTotal$10,383,6966.WhatisthecosttotheCityasfuelcostincreaseseach1cent?Developingthebudgetforfuelconsidersthecostthatwillbepaidoverthe12-monthfiscalyearforvariousgradesincludingunleaded,diesel,bio-dlesel,andCNG.Foreach1centchangeintheblendedaveragecostthattheCitypaysforfuel,theimpacttotheCity'sbudgetisabout$60,000.TheCityusesapproximately6milliongallonsoffullperyear.7.HowhassalestaxrevenueincreasedfromFY2010-11tocurrentyearandanticipatedtochangeforFY2012-13?Thetablebelowshowsthebudgetandactualforlastyear(FY2010-11)andthebudgetandestimateforthisyear(FY2011-12).TheFY2011-12budgetforsalestaxrevenuewasdevelopedwhenonly8monthsofactualrevenuehadbeenreceivedinFY2010-11.FY2010-11budget$204.8mFY2010-11actual$215.9mFY2011-12budget$215.5mFY2011-12estimate$216.7mForFY2012-13,thepreliminaryoutlookassumesarangeofpossiblegrowthof1.6%($3.5mincrease)orpossibledeclineof0.7%($1.5mdecrease)fromtheFY2011-12budgetamounts.AsadditionalinformationbecomesavailabletheforecastforFY2012-13willbeupdated.
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