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HomeMy WebLinkAboutSupplemental Received During Oral Communications - Robert Goldberg l r , Ora 1 coil') CO 1,coor os 96o ' 'd 9k9 \(s 4 Projections for FY 22-23 Based on Current "Real" Deficit and Desired Number of Police FY 2018-19 FY 2022-23 "Real" Deficit 35 Police 40 Police . Alternatives Cutting Some Unfunded Positions $ (2,000,000) $ 1,305,000 $ 445,000 No Cuts to Staffing $ (2,300,000) $ 1,018,000 $ 159,000 Staff's Estimate May 22nd $ (2,600,000) $ 705,000 $ (155,000) Projected Annual Changes 2019-20 2020-21 2021-22 2022-23 Local Inflation 3.0% 2.0% 2.0% 2.0% Revenues: Property Tax 3.0% 3.0% 2.0% 2.0% • Sales and Use Tax 1.5% 1.0% 1.0% 1.0% Utility Users' Tax 0.0% 0.0% 0.0% 0.0% Transit Occupancy Tax 2.0% 2.0% 1.0% 1.0% Licenses and Permits 4.0% 3.0% 3.0% 3.0% Charges for Services 2.0% 1.5% 1.5% 1.5% Fines and Forfeitures 0.0% 0.0% 0.0% 0.0% Expenditures: Full-Time Employee Pay 3.5% 2.5% 2.5% 2.5% O.C. Fire Authority 5.9% 4.5% 4.5% 4.5% Pensions* 16.2% 12.6% 10.2% 8.2% • Contract Professional Services 0.0% 0.0% 0.0% 0.0% Liability, Prop, WC Insurance 15.0% 10.0% 7.5% 5.0% Refuse Services 0.0% 0.0% 0.0% 0.0% Employee Medical Insurance 1.0% 2.0% 3.0% 3.0% West Comm JPA (911 Center) 5.0% 5.0% 4.0% 4.0% Intergovernmental Contracts 4.0% 3.0% 3.0% 3.0% Information Systems 0.0% 0.0% 2.0% 2.0% Fire Station Bond -3.7% -3.2% -3.3% -3.4% Part-Time Employee Salary 4.0% - 4.0% 5.0% 6.0% Retiree Medical Insurance 1.0% 1.0% 3.0% 3.0% Legal Services 0.0% 0.0% 0.0% 0.0% *Based on June 2016 Actuarial Valuation Reports from CaIPERS.The June 2017 Reports are expected to be released very soon.