City of San Antonio FY 2010 Three Plus Nine Budget & Finance Report Presented by: Sheryl Sculley, City Manager and Maria Villagomez, Interim Budget Director City Council “B” Session February 17, 2010 Agenda • FY 2010 Budget Overview & Update – Performance Measures – Local Economy • 3+9 Financial Report – General Fund – General Fund FY 2011 Preliminary Outlook – Enterprise/Restricted Funds • Next Steps 2
FY 2010 Budget Overview & Update General Fund Highlights • FY 2010 Budget is balanced • Total FY 2010 Budget of $887 M is 5% less than FY 2009 Budget • $19 M in recurring cuts • $9.4 M in service enhancements • $10.7 M in mandated service improvements 4
Budget Facts – FY 2010 Total Consolidated Budget – All Funds $2.3 Billion FY 2010 General Fund Budget $887 Million Restricted / Enterprise Funds $697 Million FY 2010 Capital Improvements Program $716 Million 5 GENERAL FUND AVAI LABLE RESOURCES GENERAL FUND AVAI LABLE RESOURCES DI STRI BUTED OVER MAJOR SPENDI NG AREAS ($ in millions) DI STRI BUTED OVER MAJOR SPENDI NG AREAS ($ in millions) Other Resources Property Tax $201.9 (22.7%) Revenues $244.5 (27.6%) *Other Expenditures Other Community Initiatives w/ Delegate Expenditures* Agencies $33.8 Police Library $29.1 $223.4 $318.2 Health $12.2 Municipal Courts $11.5 . e c Neighborhood Services $10.5 R & s r k P a Downtown Operations $9.0 Pub. Works . 7 5 6 $ Animal Care $7.5 Customer Service & 311 $3.7 Fire $64.2 Economic Development $1.9 Other Services $104.2 $224.6 Sales Tax 223.4 Total Revenues CPS Revenues $189.6 $251.1 (21.4%) (28.3%) FY 2010 TOTAL ADOPTED BUDGET: $887,077,242 TOTAL ADOPTED BUDGET: $887,077,242 FY 2010 6
General Fund Service Improvements FY 2010 General Fund Service Enhancements Total $9.4 Million Police Protection Other Services $1.4 Million Including Educational Development & Job Training $1.8 Million Fire Services $2.0 Million Homelessness /Community Services $2.6 Million Streets $1.6 Million 7 Police Protection • 50 New Police Officers funded primarily from American Recovery & Reinvestment Act (Federal Stimulus) – All 50 positions currently in Training Academy 8
29 New Firefighters • Majority scheduled to begin academy class in latter part of Fiscal Year – 2 began training January 2010 – 27 to begin training June 2010 • Includes 1 Engine Company at Station 23 to address extended response times north of International Airport • Includes 1 new Emergency Medical Services Unit 9 Streets • Street Preservation Initiative ‐ On Schedule – New crack sealing initiative complementing City’s Five ‐ Year IMP – Through the end of January, 44 of the projected 99 miles have been completed 10
Haven for Hope • Adopted FY 2010 Budget includes $4.059 M for Haven for Hope Inc., homelessness service provider contracts and Detox Center Allocation for Homeless / – Funding Increased $2.4 M over Haven for Hope Services FY 2009 Budget for Haven for Hope FY 2006 $ 338,638 FY 2007 $ 507,247 • FY 2010 new and additional funding FY 2008 $ 1,748,718 request of $1 M for outdoor safe FY 2009 $ 1,637,523 sleeping environment FY 2010 $ 4,059,523 • FY 2011 additional resources requested $1 M to $1.5 M to fully fund Haven for Hope Inc., service provider contracts, and outdoor sleeping area 11 College Access & Opportunity Center • New initiative aimed at increasing college enrollment • Located in downtown San Antonio • Managing operator contract approved by Council February 11 • Schedule includes September 2010 opening with web ‐ based service beginning in March/April 2010 12
Comprehensive Senior Centers • Districts 2, 5 & 6 – Site evaluation / contract negotiation underway for D2 and D6 – D5 finish ‐ out scheduled for mid ‐ March, opening in early April • District 4 Expansion Project being finalized with construction estimated to begin in May 13 Capital Improvement Projects • San Pedro Avenue/Evergreen Drainage Repair – Replacement of collapsed 18 ‐ inch storm drain from San Pedro to outfall in San Pedro Creek – Project currently under design • Randolph Weidner Drainage Detention Phase II – Earthen detention pond with concrete outfall structure that will alleviate flooding – Project is currently under procurement of Design services – Project is scheduled for completion September 2011 14
Capital Improvement Projects • District 3 New Branch Library – Construction contract has been awarded – New facility will be more than 15,000 square feet – Projected opening in March 2011 • 24 th Street Improvements (Our Lady of the Lake University) – Construction of medians, roundabouts, curbs, sidewalks – Project currently under design 15 Capital Improvement Projects • Woodlawn Lake Park Improvements – General Park Improvements – Design scheduled to begin March 2010 • Hardy Oaks Challenge Match – Project will construct Hardy Oak from Knights Cross to South of Wooded Knox – Funding will leverage $1.5 M from North East Independent School District (NEISD) – NEISD has project in design phase and is projected to begin construction in Spring 2010 16
Capital Improvement Projects • Fire Station 51 – New Facility in the IH ‐ 10 De Zavala area – Project is currently under design – Engine and Ladder Truck have been ordered – Service to be provided by October 2010 by temporarily stationing Engine and Ladder Companies at nearby fire stations 17 Performance Measures • Select City ‐ wide Performance Measures (complete report provided to City Council) 1 st Qtr 1 st Qtr Dept Performance Measure Annual Goal Goal Result Respond to 65% of priority one Police 65% 65% 66.6% calls within 5.00 minutes Average response time to Fire emergency incidents from 5.92 5.92 5.81 dispatch to arrival (in minutes) Solid Percent increase in recycling 18% 19% 31% Waste tonnage 85% customer satisfaction rating Library 85% 85% 96% with service delivery 18
Local Economy San Antonio’s Economy • San Antonio impacted by recession • Unemployment rate up from previous year – San Antonio 6.8% (Dec) – Texas 8.3% (Dec) – National 9.7% (Jan) • Concerns for 2010 include consumer spending and commercial construction • According to Business Cycle Index, Texas and major metro economies still in recession but rates of decline are slowing • Home sales down from previous year by 3.7% Source: SABER Institute, Texas Workforce Commission & Bureau of Labor Statistics 20
San Antonio Housing Inventory • Annual Average Number of months to clear all existing inventory • 2009 Housing inventory highest in past 10 years 9.0 8.1 8.0 7.4 7.0 5.7 5.7 5.6 6.0 5.3 5.1 5.0 4.6 5.0 4.1 4.0 3.0 2.0 1.0 - 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 Actuals Source: Real Estate Center at Texas A&M University 21 3+9 Budget & Finance Report General Fund
FY 2010 1 st Quarter Financial Summary General Fund • 1 st Quarter Revenues mostly flat, however, overall slightly favorable due to CPS revenues • 1 st Quarter Expenditures within budgeted amounts • Preliminary closing of FY 2009 results in $18 M ‐ $20 M better than anticipated beginning balance for FY 2010 • Uncertainty in economy in FY 2010 remains a concern for predicting future projections/trends in City revenues • List of new and additional funding requests for FY 2010 & FY 2011 continues to grow 23 FY 2010 1 st Quarter Financial Summary General Fund Revenues • Sales tax down $900 K for 1 st Quarter – January Sales Tax for Christmas activity $200K above budget but slightly below FY 2009 activity • Property Tax revenue on budget • Interest earnings, SAWS payment, & transfer from HOT below budgeted amount by $800 K • CPS Revenue up due to cold weather and higher than anticipated Natural Gas prices • Overall, General Fund revenues up by $4.6 M over adopted budget year to date 24
General Fund Revenues – All Sources ($ in Millions) $1,000 $849.00 $844.14 $900 $800 $700 $600 $500 $400 $253.67 $258.26 $300 $200 $100 $- 1Q Budget 1Q Actual Budget Estimate 1Q ‐ Budget 1Q ‐ Actual FY 2010 FY 2010 Amount Amount Variance Budget Estimate Variance Revenues $253,672,160 $258,263,475 $4,591,316 $844,148,952 $849,004,092 $4,855,140 25 Sales Tax Revenues ($ in Millions) $250 $189.56 $188.66 $200 $150 $100 $44.56 $43.65 $50 $- 1Q Budget 1Q Actual Budget Estimate 1Q ‐ Budget 1Q ‐ Actual FY 2010 FY 2010 Amount Amount Variance Budget Estimate Variance Revenues $44,560,578 $43,656,124 $(904,454) $189,565,423 $188,660,969 $(904,454) 26
Sales Tax Revenues ($ in Millions) $250 $196.3 $187.1 $189.6 $189.8 $200 $177.8 $162.8 $148.5 $140.1 $139.0 $136.8 ($ in Millions) $133.8 $150 $100 5.8% 6.9% 9.6% -4.7% -0.8% 9.2% 6.7% 1.3% 2.2% 2.4% 3.5% $50 $- FY 2000 FY 2001 FY 2002 FY 2003 FY 2004 FY 2005 FY 2006 FY 2007 FY 2008 FY 2009 FY 2010 - Adopted Actuals •FY 2010 Budget projected 1.0% growth above FY 2009 Estimate of $187.8 M •FY 2010 Budget below FY 2007 collection levels 27 Monthly Percent Change in Actual Sales Tax Collections FY 2009 FY 2010 •Compared to the same Oct. 3.7% -7.8% month in the previous year, Nov. 5.5% -14.4% actual sales tax collections have been down for 14 Dec. -2.3% -5.6% consecutive months Jan. -1.1% -0.1% Feb. -4.7% Mar. -6.5% Apr. -3.0% May -0.7% June -15.2% July -8.3% Aug. -8.3% Sept. -16.2% 28
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