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HomeMy WebLinkAboutAgenda Report - March 30, 2005 B-01 SMCity of Lodi Community Fiscal Forum Presented March 30, 2005 The City of Lodi... Population: 60,769 Area: 12.69 square miles Full-service General Law Municipality, Incorporated in 1906 ....A forum to address Public needs Services... Water cOmm,.. De elopmea School Safety Storm Drains 911 Response Cable Television Cultural Arts Activitie Administrative serv,ce Fire Prevention Public Works Streets ultural & Leisure Services After School Program Safe Housing Public Safety Parks & Recreation Library 1 Organizational Chart Citizens of Lod Counci C EEIBEal EmEgami General Fund Revenues Sales & Use Tax 29% Licenses & TOT Other permits 1% 4% 7% rip VLF 9% Fees 10% Property Tax 12% Franchise Fees 28% Property Tax Retention ERAF Lodi (State) Unified 27.72%a 21.78% City o0,SJ County Lodi 27.35% 16.67% Other 6.49% 2 Property Tax per Capita 5214.48 Tracy $159.78 $114.33 1 Galt Lodi 5105.39 Stockton $88.11 Manteca Sales Tax per Capita $149.85 $146.97 $140.42 $118.74 $44.19 Stockton Tracy Lodi Manteca Galt General Fund Expenditures P Management aaat Support 3% Parks_ Services 12% Wanks IML Eo.o.k Da.eloymsl 1% tte.�ation. & C.,�aeaa tf Comer 1291 Co....uy tom safety 3 Police Department Costs per Capita $301.05 $201.13 $196.90 $182.89 5160.58 $165.83 Stockton Manteca Tracy Lodi Galt Elk Grove Fire Department Costs per Capita $187 6180 Stockton 5167 5124 598 Galt Tracy Lodi Manteca Parks Maintenance Costs per Acre 513,725 $10,263 1 $$464 1 58,328 1 $7,143 1 $6,079 Turlock Tracy Modesto Ceres Manteca Lodi 4 irk Lew i1 AW MP XM ANA ••. NR.* Ih9FXR aam 9P I. Xa AC Xeal1.• reinn manna NAN Iil11JH111 aro P aA•`1r r� e .r L. r . d, } a• ..• i • .d Li{ City of Lodi Financial Condition • Past Financial Condition (1999-2004) — Gradual reduction of Fund Balance (1999-2004) — No disruption in basic services to public 5 Fund Bala .:. . -mita other Cities a. Lodi . Juno 30. 2004 • 60 wres 147 �en 120 1 1C0 ■ 1 00 ■' —ewre 1 80 ■ ' 1 ExpenditureExpenditures 0 ■ ii Fe;a l 1 IFendMane I. ILE ■ 1 1_115M IL 1. I11 • ❑Expenditures inFund Balance/Ending irk Lew i1 AW MP XM ANA ••. NR.* Ih9FXR aam 9P I. Xa AC Xeal1.• reinn manna NAN Iil11JH111 aro P aA•`1r r� e .r L. r . d, } a• ..• i • .d Li{ City of Lodi Financial Condition • Past Financial Condition (1999-2004) — Gradual reduction of Fund Balance (1999-2004) — No disruption in basic services to public 5 City of Lodi Financial Condition • Current Fiscal Condition (2003-2005) — Mid -year budget review in 2003-04 with reductions in expenditures (Service levels maintained) — Department implemented cost containment & monitoring — Work force attrition — Reporting & review of financial condition — Purchases review by City Manager — Opening of Lowe's in October 2004 (Sales Tax Revenues) City of Lodi Financial Condition • Current Financial Condition (2003-2005) — Other revenues (Transient Occupancy Taxes) continue to show effects of economic recovery — Vehicle License Fee payback from State ($940,000) — Fund Balance will increase in 2004-05 — Fees review (Community Development) — Cost allocation review City of Lodi Financial Condition • Future Financial Condition (2005-06 & Beyond) — Balanced budget 2005-06 — Continued economic recovery — Review all fees & revenues — Basic service delivery model maintained 6 In the end, the budget must balance... - Revenues against Expenses • Operations against Deferred Maintenance • Maintenance against Capital • Authorized Positions against Pay & Benefits • Contract Terms against Re -openings • Contemporary Information against Cost Savings 7