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Rising to the Challenge: Policy Assumptions Going Forward <br />10-Year Forecast Model <br />REVENUES EXPENDITURES CDA RESIDUAL REVENUE RISKS OTHER ASSUMPTIONS <br />.1 a Low (51 IM) belk? 2.s%.VO?,c_y ^R-eJtie General Fund Forecast <br />IMIGHIR GROWTH ! ALT: LOW ?2+11D 573N 2-WATER LOSS lSS 7.5H) 16.0%tbyt4GVW Mil. -4-Revenue - Expenditures <br />.)WER CaOWTH 13-ALT.EIID 31XUT LOSS (SSN) <br />4-N00€ (SON) WATER.UUT LOSS Feed Balance <br />41Eff55ICN INY6 4KT.il[GH S260 <br />5 UUT GAIN BALLOT SIN qb Vac CIA $2SO <br />Mat Add $240 <br />ASSUMPTIONS FROM SCENARIO COMBINATION SELECTED: <br />REVENUE: 1114 14,15 1' 15/16 16117 17118 18!19 19170 =1 221= <br />Property Tax Growth 2.00% 100% 4.00% 4.00% 4.00% 4100% 4.00% 4.00% 4.00% <br />Saes Tax Growth 5.58% 2.18%E 2.83% 3.42% 3.27% 3.25% 3.25% 3.25% 3.25% <br />UWLy Tax Growth -0.98% -0.56%I 0.00% 0.00 % 0.00% 0.00% 0.00% 0.00% 0.00% <br />i <br />EXPENDITURE: <br />13114 <br />14'15 <br />1916 <br />16117 <br />17118 <br />16'19 <br />119, <br />20,,21 <br />21._^.'5 <br />Payroll Growth 0.00% 0.00%, 2.00% 2.00% 2.00% 325% 3.25% 325% 325% <br />% 1213 Vacancy Cut 75% 75v 75% 75% 75% 75% 75% 75% 75% <br />Adtlad Mann (0.18) 50.0 SU ; SU $0.0 $0.0 SO.0 Sol $0.0 $0.0 <br />SvcBupp Growth 0.00% 0.00%1 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% <br />OCFA Growth -0.86% 1.99% 1.97% 1.97% -0124% 2.00% 2.00% 2.00% 2.00% <br />PERS-Sallety Plan Z8.48% 29.41% 34.40% 42.64% 48.42% 46.99% 49.94% 50.92% 5112% <br />PERS4Asc Plan 20.10% 22.82% 26.60% 32.70% 37.02% 37.51% 38.23% 38.96% 39.72% <br />NEW ADD (CUT): '. 131.14 14115 ',1 15116 1617 17/1 18119 > 0i21 Z= <br />CtanWafire (Mil) , S0.0 S0.0 $0.0 $0.0 $0.0 $0.0 $0.0 S0.0 50.0 <br />is in M4.) Q)13 13,114 14115 1116 16117 17118 18,119 190 <br />^0f '21 <br />21 ^,.2 <br />iSalaries $68.7 ; $69.1 $89.2 - $70.2 $71.6 $73.1 575.4 $771 $804 $831 <br />Pension 9.3 11.5 14.2 191 22.8 23.6 25.0 26.4 27.9 291 <br />I Other Pers 27.5 i 317 32.7 ''. 34.0 35.5 37.0 38.9 40.8 43.0 451 <br />Net 6.9 3,0 0.2 (515) (8.2) (7.2) (8.7) (10.3) (12.1) <br />9R91 9a1 9o5 94n in AA in 11 X1n41 172Si <br />variaw" i 52w <br />S22o <br />5210 <br />$200 <br />$190 <br />31ao <br />General Fund Balance <br />M9. =Balance -Balance Goal <br />$50 <br />Sao <br />f30 <br />520 <br />$10 <br />HL <br />$0 <br />I <br />SIO} <br />20.8% 1 15201 <br />217.2% !51a1 <br />64.7% i (S4ol <br />9.6% lSSOI <br />31.3%1 98 S? ===R <br />zi ;i -a -a <br />Council Budget-Related Policies <br />1. Adopt a 2-year budget <br />2. Provided labor strategy authority <br />3. Supported restructuring of departments' organizations and services <br />provided based on the dollars available <br />4. Supported review of Police Dept. operations to identify financial <br />savings <br />5. Continued support of Fiscal Policy & appropriate reserves <br />6. Supported appropriating Property Tax from former RDA <br />7. Supported the preparation of assessment studies for CIP infrastructure <br />needs, deferred maintenance issues and planning needs <br />8. Modernizing the UUT <br />CITY COUNCIL MINUTES 14 MAY 20, 2013