2013  Fund  Balance  Projec3on  

History  of  City  of  Syracuse  General  Fund  Balance  

 Revenue  Assump3ons   • No  revenue  growth  for  property  taxes  and  NYS  State  aid.  Property  tax  levy  expected  to  stay  the  same   • Sales  tax  growth  factor  projected  at  2%  in  FY  15  and  FY  16   • No  projected  increase  in  Water  and  Sewer  rates   • ImplementaJon  of  the  Land  Bank  expected  to  spur  delinquent  property  owners  to  remit    taxes  or  risk   foreclosure  of  property.  Revenue  increase  in  Prior  Year  Tax  and  Fees  and  PenalJes  accounts     • Airport  operaJons  will  transfer  to  the  Syracuse  Regional  Airport  Authority  (  SRAA)between  FY  13  and  FY  14.   General  Fund  will  sJll  receive  cost  reimbursements  for  services  performed  and  the  amount  of  Debt    Service  to  be   paid  on  exisJng  bonds.    Expenditure  Assump3ons   •   Wages  projected  to  increase  by  2%  for  departments  with  major  union  representaJon-­‐Police,  Fire,  DPW  and   Park’s  ;  all  others  1%     • Major  Department    funcJonal  expenditures  projected  to  increase  by  2%  annually   • Health  insurance  costs  were  increased  by  8%  based  on  claims,  inflaJon    and  financial  ramificaJons  of  the   Affordable  Health  Care  Act  in  FY  14   • Debt  service  costs  are  based  the  approved  2013-­‐2014  Capital  Improvement  Plan   • Pension  liabiliJes  will  be  paid  in  full.  ProjecJons  do  not  include  any  pension  amorJzaJon.   • $2  million  esJmated  Police  contract  allocaJon  for  2014-­‐2015.  Accounts  for  wages  and  benefits  for  open  contract   years.  Placeholder  expenditure   • Wages  were  frozen  with  the  excepJon  of  steps  and  longevity  in  2013-­‐2014   •   Sewer  and  Water  Special  Funds  are  self  sustaining.  No  subsidy  from  the  General  Fund.  Both  funds  reimburse  the   General  Fund  for  administraJve  services.  

City  of  Syracuse  State  Aid  
(in  $  millions)  
82   80   78   76   74   72   70   68   2008-­‐09   2009-­‐10   2010-­‐11   -­‐9.9%  

81.3  

74.3  

73.2  

City  of  Syracuse  State  Aid  
(in  $  millions)  
100   90   80   70   60   50   40   30   20   10   0   2010-­‐11   2011-­‐12   AIM  Aid   2012-­‐13   Spin  Up   2013-­‐14  

20.9  

73.2  

71.7  

71.7  

71.7  

Sales  Tax  Revenues:     New  10-­‐Year  Formula  
(in  $  millions)  
80   70   60   50   40   30   20   10   0   2005-­‐06   2006-­‐08   2007-­‐08   2008-­‐09   2009-­‐10   2010-­‐11   2011-­‐12   2012-­‐13   New  formula  nego.ated  in  2010   +20.8%  with   new  formula  

59.8  

60.4  

61.9  

60.1  

64  

61.4  

74.2  

75.6  

City  of  Syracuse     2013/14  City  Budgeted  Expenses  
Wages     $98.2M   Health  Care   $41.9M  

City  General  Fund   $241,363,196  
Personnel  Costs  –  73.3%   1.  Wages  –  40.7%   2.  Health  Care  –  17.4%   3.  Pensions  –  12.2%   4.  Social  Security  –  3.0%  

Pensions   $29.4M  

Social  Security   $7.3M   Other  OperaJng   Expenses   $64.3M  
Budgeted  Figures  

City  of  Syracuse     2013/14  City  Expenses  
Other  OperaJng   Expenses   $64.3M   Police  Wages   $37.5M  

City  General  Fund     $241,363,196  

Fire  Wages     $25.7M   Social     Security    $7.3M  

Pensions   $29.4M   Health  Care   $41.9M  
Budgeted  Figures  

Other   Wages   $34.8M  

Personnel  Costs-­‐  73.3%    1.  All  Wages-­‐  40.7%            a)  Police  Wages-­‐  15.6%            b)  Fire  Wages-­‐  10.7%            c)  Other  Wages-­‐  14.5%    2.  Health  Care-­‐  17.4%    3.  Pensions-­‐  12.2%    4.  Social  Security-­‐  3.0%    

City  of  Syracuse    Tax  Levy  

*  

**  

*Projected  figure   **Budgeted  figure  

City  of  Syracuse     Growth  in  Wages  and  Over3me  
70   60   50   40   30   20   10   0   FYE2001-­‐02   FYE2011-­‐12   $31.7M   $24M  
+32.2%   +32.8%  

$64.5M  

$48.6M  

Other  Wages  

Police  &  Fire   Wages  Subject  to   Interest  ArbitraJon  

City  of  Syracuse  Growth  in  Over3me  
$16,000,000   $14,000,000  

$1.6M  

$12,000,000  

-­‐23%  
$2.1M  

$4.4M  

Other    Wages   Fire   Police  

$10,000,000  

$8,000,000  

+64%  

$6,000,000  

$1.6M  

+34%  
$5.6M  

$8.5M  

$4,000,000  

$2,000,000  

$0  

FYE2001-­‐02  

FYE2011-­‐12  

CITY  OF  SYRACUSE   10  YEAR  COMPENSATION  HISTORY  

City  of  Syracuse     Pension  Invoices  by  Re3rement  Unit    
$18,000,000   $16,000,000   $14,000,000   $12,000,000   $10,000,000   $8,000,000   $6,000,000   $4,000,000   $2,000,000   $0  
$11.8M  

$16.9M   Regular   Employees   ReJrement   Police  &  Fire   ReJrement  

$7.4M  

$4.4M  

$1.4M   $497K  
FYE2001-­‐02   FYE2006-­‐07   FYE2011-­‐12  

Pension  Invoices   increased  over  1,000%   in  both  Police  &  Fire   Re3rement  and   Regular  Employees   Re3rement    

City  of  Syracuse     Previous  Three  Years  Pension  Invoices  
$35,000,000   $30,000,000   $25,000,000   $20,000,000   $15,000,000   $10,000,000   $5,000,000   $0   FYE2011-­‐12   FYE2012-­‐13   FYE2013-­‐14   REGULAR  EMPLOYEE   RETIREMENT   POLICE  &  FIRE   RETIREMENT  

$9.5M   $8.3M  

$7.3M  

$16.9M  

$21.2M  

$22.9M  

City  of  Syracuse   Pension  Invoice  History  

City  of  Syracuse     Health  Insurance  Expenses  
$45,000,000   $40,000,000   $35,000,000   $30,000,000   $25,000,000   $20,000,000   $15,000,000   $10,000,000   $5,000,000   $0  

ReJrees   AcJve  Employees  

   *Projected  Figure   **Budgeted  Figure  

City  of  Syracuse  Growth  in  Health  Care   Costs*   $45,000,000  
$40,000,000   $35,000,000   $30,000,000   $25,000,000   $20,000,000   $15,000,000   $10,000,000   $5,000,000   $0  
FYE2001-­‐02   FYE2011-­‐12  
*Police  and  Fire  make  up  72%  of  Health  Care  costs.    

$37.5M  

128%   $16.4M  

Cost  of  Individual  and  Family   Healthcare  
Cost  to  City   Contribu3on  
Police  Individual   Coverage   Police  Family   Coverage   Fire  Individual   Coverage   Fire  Family   Coverage   $6,411.60   $17,247.60   $6,411.60   $17,247.60   $30/mo  =  $360/yr   $60/mo  =  $720/yr   $45/mo  =  $540/yr   $75/mo  =  $900/yr  

%  Paid  by   Employee  
6%   4%   8%   5%  

CITY  OF  SYRACUSE     10  YEAR  HEALTH  INSURANCE  HISTORY  

City  of  Syracuse  Cost  Cudng  Measures  
Item  
NegoJated  healthcare  savings  with  not-­‐for-­‐profit  hospitals  through  POMCO,  our   healthcare  provider NegoJated  services  agreement  with  Crouse  Hospital   Reduced  Police    and  DPW  overJme  costs   Reduced  workforce  by  10%  from  December  2009  to  April  2011   Consolidated  City  and  County  mail  services   PrivaJzing  airport  security  services   Tier  VI  savings-­‐  City  has  only  hired  24  employees  (replacements)  since  April  1st   Combined  Purchasing  Departments  with  County   NegoJated    Zero  increases  with  six  labor  contracts   RelocaJng  Senior  Center   EliminaJon  of  City  Department  (Syra  Stat)   Closing  of  City  parking  garage  due  to  structural  repair  issues   Delayed  infrastructure  repairs  (public  works,  water,  buildings  and  firehouses)   NegoJated  services  agreement  with  Syracuse  University  

Savings  
$995k  (est) $50k/yr  revenue   $1.9M   $7.0M   $28k/yr   $2.5M/yr   $38k   $220K   $1.6M/each  possible  %  increase   $175k   $150k   $15M   $30M  (est) $500k/yr  revenue  

Increase  health  care  contribuJons  for  management/confidenJal  employees  (153   $100k  revenue   acJve  employees)  from  3%  to  10%