City of Sunbury Early Intervention Program Revenue and Expenditures
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City of Sunbury City of Sunbury Early Intervention Early Intervention Program Program Revenue and Expenditures Revenue and Expenditures
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City of Sunbury Early Intervention Program Revenue and Expenditures. Purpose of EIP Program. Improvement of Revenue Stream Reduction of Costs Operational Improvements Reduction/Transfer of Liability Improve Economic Development Opportunities. Early Intervention Goals. - PowerPoint PPT Presentation
Transcript of City of Sunbury Early Intervention Program Revenue and Expenditures
City of SunburyCity of SunburyEarly Intervention Early Intervention ProgramProgramRevenue and Revenue and ExpendituresExpenditures
Purpose of EIP Purpose of EIP ProgramProgram Improvement of Revenue StreamImprovement of Revenue Stream Reduction of CostsReduction of Costs Operational ImprovementsOperational Improvements Reduction/Transfer of LiabilityReduction/Transfer of Liability Improve Economic Development Improve Economic Development
OpportunitiesOpportunities
Early Intervention Early Intervention GoalsGoals Develop and Review City Develop and Review City
Financials from 2003 - 2008Financials from 2003 - 2008 Develop Outyear Financial Develop Outyear Financial
Projections for 2009-2013Projections for 2009-2013 Review Departmental OperationsReview Departmental Operations Prepare Consolidated ReportPrepare Consolidated Report Enactment of RecommendationsEnactment of Recommendations
Financial ProjectionsFinancial Projections
Expenditures to Exceed Revenues Expenditures to Exceed Revenues
in Each of Next Five Yearsin Each of Next Five Years
Revenues Expenditures Variance2008 4,306,811$ 3,965,193$ 341,618$ 2009 4,258,449$ 4,471,298$ (212,850)$ 2010 4,284,973$ 4,806,366$ (513,563)$ 2011 4,332,082$ 4,607,292$ (609,314)$ 2012 4,352,998$ 5,221,479$ (877,182)$ 2013 4,407,105$ 5,578,726$ (1,158,155)$
Financial ProjectionsFinancial Projections
Trends Show Structural DeficitsTrends Show Structural Deficits Relatively Strong Expenditure Relatively Strong Expenditure
ControlsControls– WagesWages– Health CareHealth Care– PensionPension– UtilitiesUtilities– InsurancesInsurances
Financial ProjectionsFinancial Projections
Revenue Growth Hampered by Revenue Growth Hampered by FactorsFactors– Property AssessmentsProperty Assessments– Population DeclinePopulation Decline– Falling Tax Collection RatesFalling Tax Collection Rates– Outdated Fee ScheduleOutdated Fee Schedule– State LawsState Laws
General Operation General Operation FindingsFindings Significant Need to Improve Significant Need to Improve
FacilitiesFacilities Change Form of GovernanceChange Form of Governance Restructure Budget ProcessRestructure Budget Process Improve Employee Policies, Improve Employee Policies,
Training and SupervisionTraining and Supervision Increase Intergovernmental Increase Intergovernmental
CooperationCooperation
Revenue Revenue EnhancementsEnhancements Reassessment of PropertiesReassessment of Properties Replace Occupational Assessment Replace Occupational Assessment
TaxTax
with Earned Income Taxwith Earned Income Tax Enactment of Per Capita TaxEnactment of Per Capita Tax Better Public/Private PartnershipsBetter Public/Private Partnerships Restructure Fee ScheduleRestructure Fee Schedule Improve Revenue AnalysisImprove Revenue Analysis
Expenditure ControlsExpenditure Controls
Changes to Police Pension FundChanges to Police Pension Fund Changes to Health Insurance PlansChanges to Health Insurance Plans Increase Use of TechnologyIncrease Use of Technology Promote Risk Management ActivitiesPromote Risk Management Activities Support for Fire CompaniesSupport for Fire Companies Program-based Program-based
Accounting/BudgetingAccounting/Budgeting Matching Funds for GrantsMatching Funds for Grants
Known UnknownsKnown Unknowns
Effect of Recession on EconomyEffect of Recession on Economy Effect of Stimulus on City Finances Effect of Stimulus on City Finances
and Regional Economyand Regional Economy Increased Energy Costs in 2010Increased Energy Costs in 2010 Increased Police Pension Costs in Increased Police Pension Costs in
20102010 Current Employee and Post Current Employee and Post
Retirement Health Benefit CostsRetirement Health Benefit Costs
Known UnknownsKnown Unknowns
Reactions by Other Governmental Reactions by Other Governmental Entities to Economic WoesEntities to Economic Woes
New State and Federal MandatesNew State and Federal Mandates Impact of County-wide EIT Impact of County-wide EIT
CollectionCollection Lawsuits, Arbitration Awards, Lawsuits, Arbitration Awards,
Disasters, Capital ProgramsDisasters, Capital Programs
City Plans Are City Plans Are ImportantImportant Visioning PlanVisioning Plan Comprehensive PlanComprehensive Plan Recreation PlanRecreation Plan Capital improvement PlanCapital improvement Plan Succession Management PlanSuccession Management Plan Outyear Financial PlanOutyear Financial Plan
What’s NextWhat’s Next
March 23March 23rdrd – Questions on – Questions on FinancialsFinancials
April 13April 13thth – Management Audit – Management Audit PresentationPresentation
April 27April 27thth – Questions on – Questions on Management AuditManagement Audit
Future – Enactment of EIP Future – Enactment of EIP Recommendations and Phase II Recommendations and Phase II Grant ProposalGrant Proposal
Contact InformationContact Information
Robert SabatiniRobert Sabatini
Director of Management ServicesDirector of Management Services
Keystone Municipal Services, Inc.Keystone Municipal Services, [email protected]
267-718-3467267-718-3467
