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HomeMy WebLinkAbout12/04/2018 08 Distributed at the Meeting - 2019 Budget Hearing #2 Distributers at the Meeting 2019 BUDGET HEARING # 2 CITY OF YAKIMA r ONCE UPON A TIME . . . • Good news, Expenses: 2019<2018 • HOWEVER, the Revenue for 2019 is projected lower than expected • What is the difference? ($786,276) • We searched for two outcomes: • Fill the deficit • Apply more funds to Reserves • On the way there, we found a third problem : • Fund 514- Workers Comp 7- WITH COURAGE AND CONVICTION CUTS AND SAVINGS REVENUES • $45K — Quality of Life • Identify non General Fund • $30K — Council savings sources: REET, CDBG, fees • $8K — Firefighting Reserve • $355K new utility tax revenues • $144K — Transportation and Misc. • $6-64K $581K— Salary Savings • Elimination of seven positions (2 inN '. nr ' * ttaf�' �} - 9Noveenberr;Policy'Directionstl , pact=ing G"Fz4 FD and Sin PD. Ofthese, Sare r . . r F � .. vacant. FEMA confirmed that � 1 1�z ` � `4'° 0�7IP � ' *V" SS'"' 'F '� 4m 5 "i�- � `°Y h YPAL $30k elimination of FD position was r � , - 0 allowable. 0 C� 3Ok � �.-' ` A q> t `r "AT ��� CCP Potentia'I ikm`a4crvt�of $&3IK'. �_' � y X fi Kz ' ICAZ SUMMARY N i, E;WTRE'EN,IJES. . .£ . �_ 1 ..,_ ----," _ Utility Tax increases(rates and taxes) $ (583,000.00) Fees , $ (40,000.00) h—w n.-cu..0 vm '� .;.y2.1-r .ice q , ▪ r, QUALIT'OFLIFE;;; qq q � ..—. 4th of July $ (20,000.00) ' � + .rg ' ic'Yt - '� .?k�,. ; These,funds,helpedTus;wrth,k.� A Battle of the Bands $ (5,000.00) ' _ *.- 34 �., f '�t i ' 5 de mayo $ (20,000.00) • • �' ; ' x. ,, ,` 'xh '. nh^-`' a r-,` " * `� `wi Yd4..,y y k,x 1 (�d l'< e "" . �� w , , ,,.* F „ - �; $786,276 Fund 001'"sho�}rtage as r`M�%' fi : ,'' a 1'p h ..'. ,+!�A' 3ef' � 0,2 , A4 `ka a-, =1 , 0 1 'tom ADIVIINISTRAT,IVE f of 1011 :. � e.L a. �� ti�,�,�'`. c:��'`":� :�,3.'�+...�n�-�.��.r *rl+& �' s�. -.,x.^'�., � ° .v• , K �� K � 4300 Trans ortation+Misc4910 144,265.68 � ,0 h tag ,r3 p $ ( ) N(' $-380,000.shortage„In Workers u Firefighting Reserve $ (8,000.00) � xC p ¢;4 V �--o /.r �T ,4�57z r age " `Ruse`' ` NLC $ (17,000.00) $ Tatra} - ysho 'ern rive t Jurassic $ (13,000.00)1 }�' 1 73'3 t dap.- $ 7� :a rg _Wyk .ab, -v"r,. �" ; g e%-. at �kr n !o!� .z�zx� �-ro .; x .--f, :, - x.,„..1.' .a u Te"r.3 -+,j-.-... -.t r a SALARYSAV,INGS �. . e..a.„ _ 3 r,,.... �i�� 4. .�._�t �. ' �• .. e Position Cuts $ (546,940.68) $335,457-$30,000 (ypal) - Potential Transfers from GF to other Funds $ (117,367.00) (34,640) o. $30,000 (oic) - $83,000 (ccp) Th I TOTAL $ 1,514,5/3.36 MORE RESOURCES FOR 1. Economic Development 3. Healthy Communities: Children and • YCDA Youth • Convention Center Expansion • Fire , Parks, YKM 2. Public Safety • Community Centers: Maintenance and • Traffic Calming Cap. Improvements • Clean City Program • YPAL and OIC: $105,000/year for • Alley Paver programs • Utilities 4. Financial Priorities • Additional DV Victim Advocate, Parks, Streets and Bilingual Community • Workers Comp Internal Fund Relations FTE's • Reserves LONG TERM SUSTAINABILITY DISCUSSIONS • REVENUES • Levy Lid Lift • Fire District • Book of Fees • Solid waste franchise agreements • Vacant Property Registration • EXPENSES • Benefits and Salaries