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SOURCE: SF CAFRs

Budgetary Comparison Schedule - General Fund


(In Thousands)
Actual Budgetary Basis
Total revenues as reported on the statement of revenues, expenditures and changes in fund balance - General Fund
Total expenditures as reported on the statement of revenues, expenditures and changes in fund balance - General Fund
Fiscal Year Ending 6/30/2005 6/30/2006 6/30/2007 6/30/2008 6/30/2009 6/30/2010 6/30/2011 6/30/2012 6/30/2013 6/30/2014 6/30/2015 6/30/2016 6/30/2017 6/30/2018 6/30/2019
Revenues $ 2,216,794 $ 2,473,839 $ 2,648,739 $ 2,724,169 $ 2,717,182 $ 2,798,650 $ 2,964,249 $ 3,153,115 $ 3,327,036 $ 3,747,361 $ 4,112,644 $ 4,356,916 $ 4,636,787 $ 4,989,555 $ 5,890,221
Expenses $ 1,944,670 $ 1,967,808 $ 2,161,476 $ 2,392,374 $ 2,410,584 $ 2,447,132 $ 2,440,017 $ 2,595,522 $ 2,794,692 $ 2,954,898 $ 3,099,553 $ 3,324,512 $ 3,479,654 $ 3,739,760 $ 4,030,506

ACTUAL Annual Surplus/(Deficit) $ 272,124 $ 506,031 $ 487,263 $ 331,795 $ 306,598 $ 351,518 $ 524,232 $ 557,593 $ 532,344 $ 792,463 $ 1,013,091 $ 1,032,404 $ 1,157,133 $ 1,249,795 $ 1,859,715

ACTUAL "Revenue" Growth $ - $ 257,045 $ 174,900 $ 75,430 $ (6,987) $ 81,468 $ 165,599 $ 188,866 $ 173,921 $ 420,325 $ 365,283 $ 244,272 $ 279,871 $ 352,768 $ 900,666
ACTUAL "Expenses" Growth $ $ 23,138 $ 193,668 $ 230,898 $ 18,210 $ 36,548 $ (7,115) $ 155,505 $ 199,170 $ 160,206 $ 144,655 $ 224,959 $ 155,142 $ 260,106 $ 290,746

Average FYE 2005-FYE2019


ACTUAL "Revenue" Growth % - 11.60% 7.07% 2.85% -0.26% 3.00% 5.92% 6.37% 5.52% 12.63% 9.75% 5.94% 6.42% 7.61% 18.05% 7.32%
ACTUAL "Expenses" Growth % 1.19% 9.84% 10.68% 0.76% 1.52% -0.29% 6.37% 7.67% 5.73% 4.90% 7.26% 4.67% 7.48% 7.77% 5.40%
OTBR 1st Yr Projection
Published Issued
3/21/2005
3/15/2006
3/21/2007
3/21/2007
3/31/2009
4/2/2010
5/3/2011
3/7/2012
3/1/2013
3/6/2014
3/12/2015 3/6/2014
3/22/2016 3/12/2015
3/23/2017 3/22/2016
3/23/2018 3/23/2017
3/19/2019 3/23/2018
1/3/2020 3/19/2019

2011 5-year Budget Projections begin


1st Year via Joint Report
Projected Revenue 1st
2nd Yr Projection 3rd Yr Projection FY-Ending Original Total Year-Out via Joint
Issued Issued Year Budgeted Revenue Report
3/14/2002 2005 $2,292,400,000
3/21/2003 2006 $2,392,700,000
3/19/2004 2007 $2,579,700,000
3/21/2005 2008 $2,522,500,000
3/15/2006 2009 $2,892,600,000
3/21/2007 2010 $2,792,800,000
3/21/2008 2011 $2,753,700,000
3/31/2009 2012 $2,932,700,000
4/2/2010 2013 $3,210,100,000
5/3/2011 2014 $3,575,300,000
3/7/2012 2015 $3,870,000,000 $3,739,500,000
3/6/2014 3/1/2013 2016 $4,197,500,000 $4,095,900,000
3/12/2015 3/6/2014 2017 $4,519,700,000 $4,361,100,000
3/22/2016 12/9/2014 2018 $4,789,300,000 $4,676,200,000
3/23/2017 3/22/2016 2019 $5,090,900,000 $5,039,900,000
3/23/2018 3/23/2017 2020 $5,679,600,000 $5,393,400,000
2021

Projection for 3rd year - General Fund: Projected Revnue less Expenditures
Projection Issued FY-Ending Year
3/19/2004 2005
3/21/2005 2006
3/15/2006 2007
3/21/2007 2008
3/21/2008 2009
3/31/2009 2010
4/2/2010 2011
6/7/2011 2012
3/7/2012 2013
3/1/2013 2014
3/6/2014 2015
12/9/2014 2016
12/7/2015 2017
12/15/2016 2018
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2nd Year via Joint Report 3rd Year via Joint Report Y-E Actuals ONLY Year adopted used
Projected Revenue 3rd
Projected Revenue 2nd Year-Out via Joint AAO Budgeted
Year-Out via Joint Report Report Year-End Actuals Revenue/Expense
$2,222,800,000 $2,227,500,000
$2,166,900,000 $2,474,600,000
$2,155,700,000 $2,659,100,000
$2,334,100,000 $2,769,200,000
$2,594,400,000 $2,790,000,000
$2,931,200,000 $2,830,600,000
$3,051,200,000 $2,945,100,000
$2,866,600,000 $3,152,800,000
$2,733,300,000 $3,359,300,000
$2,923,900,000 $3,721,000,000
$3,195,400,000 $4,099,100,000 $4,270,953,200
$3,840,400,000 $3,630,600,000 $4,365,600,000 $4,587,552,026
$4,178,500,000 $3,919,600,000 $4,672,500,000 $4,859,781,042
$4,492,200,000 $4,302,600,000 $4,984,500,000 $5,147,557,828
$4,764,100,000 $4,635,100,000 $5,884,200,000 $5,511,633,982
$5,152,400,000 $4,890,300,000 $6,142,885,797

Projected Surplus (Deficit)


$23,200,000
$2,500,000
-$1,000,000
-$43,800,000
$11,400,000
$83,000,000
-$40,700,000
-$771,000,000
-$827,000,000
-$619,000,000
-$492,000,000
-$367,700,000
-$282,600,000
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Budget
Percentage Off
Amount Projection Was Off Projection Percentage Off Amount Budget Was Off via 3rd via 3rd Year
via 3rd Year Projection via 3rd Year Projection Year Projection Projection
-$4,700,000 0% $64,900,000 -3%
-$307,700,000 14% -$81,900,000 3%
-$503,400,000 23% -$79,400,000 3%
-$435,100,000 19% -$246,700,000 10%
-$195,600,000 8% $102,600,000 -4%
$100,600,000 -3% -$37,800,000 1%
$106,100,000 -3% -$191,400,000 7%
-$286,200,000 10% -$220,100,000 8%
-$626,000,000 23% -$149,200,000 5%
-$797,100,000 27% -$145,700,000 4%
-$903,700,000 28% -$229,100,000 6%
-$735,000,000 20% -$168,100,000 4%
-$752,900,000 19% -$152,800,000 3%
-$681,900,000 16% -$195,200,000 4%
-$1,249,100,000 27% -$793,300,000 16%

Ye
Actual Surplus (Deficit) Projection v Actual Surplus (Deficit) Variance $0
Pub. 2011 Pu
$102,113,000 $78,913,000
$153,277,000 $150,777,000 -$500,000,000

$83,117,000 $84,117,000
-$1,000,000,000
-$97,420,000 -$53,620,000
-$70,681,000 -$82,081,000
-$1,500,000,000
-$78,472,000 -$161,472,000
$115,846,000 $156,546,000 -$2,000,000,000
$129,211,000 $900,211,000
$117,540,000 $944,540,000 -$2,500,000,000
$267,065,000 $886,065,000
$294,388,000 $786,388,000 -$3,000,000,000
$290,740,000 $658,440,000
$472,504,000 $755,104,000
$0
$6,000,000,000
2005-2

$5,000,000,000

$4,000,000,000

$3,000,000,000

$2,000,000,000

$1,000,000,000

$0
Year End Actuals 2005
-$4,700,00
Pub. 2011 -$1,709,300,000
Pub. 2012 -$2,326,800,000 -$1,000,000,000
Pub. 2013 -$2,435,800,000
Pub. 2014 -$2,391,600,000 -$2,000,000,000
Pub. 2015 -$2,169,800,000

Year End Actuals


$0
Pub. 2011 Pub. 2012 Pub. 2013 Pub. 2014 Pub. 2015

-$500,000,000

$1,000,000,000

$1,500,000,000

$2,000,000,000

$2,500,000,000

$3,000,000,000
$6,000,000,000
2005-2018 3rd Year Projection Misses Reality by an Average of 14%, Totalin

$5,000,000,000

$4,000,000,000

$3,000,000,000

$2,000,000,000

$1,000,000,000

$106,100,000.000
$100,600,000.000
$0
2005
-$4,700,000.000 2006 2007 2008 2009 2010 2011 2012 2013 2
-$307,700,000.000 -$195,600,000.000 -$286,200,000.000
-$435,100,000.000
-$503,400,000.000 -$626,000,000.000
-$1,000,000,000 -$797

-$2,000,000,000

Projected Revenue 3rd Year-Out vi a Joi nt Report Yea r-End Actual s Amount Projection Wa s Off vi a 3rd Yea r Proje
erage of 14%, Totaling $5.6 Billion

00.000
2012 2013 2014 2015 2016 2017 2018
-$286,200,000.000
-$626,000,000.000 -$735,000,000.000 -$681,900,000.000
-$752,900,000.000
-$797,100,000.000
-$903,700,000.000

t Projection Wa s Off vi a 3rd Yea r Projection


Projected Deficit at Time of Bu Surplus from Original Budget and Year-End Actuals at
FY 16 & FY17 ($104.20) $320.90
FY 17 & FY18 ($340.00) $348.00
FY 18 & FY 19 ($402.40) $988.50
FY 19 & FY 20 ($261.60) $793.30
FY 20 & FY 21 ($270.80)
FY 21 & FY 22 ($419.50)

Projections Versus Reality


$1,200.00

$1,000.00

$800.00

$600.00

$400.00

$200.00

$0.00
FY 16 & FY17 FY 17 & FY18 FY 18 & FY 19 FY 19 & FY 20 FY 20 & FY 21 FY 21 & FY 2

($200.00)

($400.00)

($600.00)

Projected Defici t at Ti me of Budget Instructions ($M)


Surpl us from Ori ginal Budget and Yea r-End Actua l s at Ti me of Joi nt Report ($M)
Total Dollars Projected Deficit was Off From Reality
$425.10
$688.00
$1,390.90
$1,054.90

SOURCE: SF Joint Report

Original Total
FY-Ending Budgeted
Year Revenue Year-End Actuals
2016 $4,197,500,000 $4,365,600,000
2017 $4,519,700,000 $4,672,500,000
2018 $4,789,300,000 $4,984,500,000
2019 $5,090,900,000 $5,884,200,000
2020 $5,679,600,000

20 FY 20 & FY 21 FY 21 & FY 22

me of Joi nt Report ($M)


Total Dollars Projected Deficit w
$1,600.00

$1,400.00

$1,200.00

Surplus/(Deficit) $1,000.00

$168,100,000 $800.00
$152,800,000
$600.00
$195,200,000
$793,300,000 $400.00

$200.00

$0.00
FY 16 & FY17 FY 17 & FY18
ollars Projected Deficit was Off From Reality

6 & FY17 FY 17 & FY18 FY 18 & FY 19 FY 19 & FY 20


https://sfcontroller.org/sites/default/files/Documents/Budget/AAO%20FY2019-20%20%26%20FY2020-21%20JULY%20B%26F%20Budget%20FINAL.pdf

Fiscal Year 2020-2021

General Fund
Total Support as
Allocated General Departmental Percentage of Total VALUE of FY2020-21 VALUE of FY2021-22
Department Fund Support Sources Departmental Budget 3.5% CUT 7% CUT
01: Public Protection $1,322,763,386 $1,785,441,991 74.1% $46,296,719 $92,593,437 2.6% 5.2% $138,890,156
02: Public Works, Transportation & Commerce $638,595,308 $4,616,186,741 13.8% $22,350,836 $44,701,672 0.5% 1.0% $67,052,507
03: Human Welfare & Neighborhood Development $610,835,421 $1,731,525,602 35.3% $21,379,240 $42,758,479 1.2% 2.5% $64,137,719
04: Community Health $861,499,050 $2,423,403,761 35.5% $30,152,467 $60,304,934 1.2% 2.5% $90,457,400
05: Culture & Recreation $235,264,324 $484,449,646 48.6% $8,234,251 $16,468,503 1.7% 3.4% $24,702,754
06: General Administration & Finance $340,324,205 $1,441,611,645 23.6% $11,911,347 $23,822,694 0.8% 1.7% $35,734,042
TOTAL 4,009,281,694 12,482,619,386 32.1% $140,324,859 $280,649,719 $420,974,578