Title
Resolution to Adopt Ann Arbor City Budget and Related Property Tax Millage Rates for Fiscal Year 2009
Memorandum
Attached for your review and action is the proposed fiscal year FY 2009 City Budget that totals $391.6M and is in compliance with the City Charter. The balanced budget resolution reflects the recommended budget delivered to you on April 11, 2008. Specifically, it includes the following changes:
General Fund Activities
This budget proposal holds expenditure increases to a rate slightly higher than inflation. General Fund recurring expenditures increase by $3,234,409 (4.0% increase), and recurring revenues increase by $2,596,020 (3.2% increase), resulting in a net deficit of $(638,389). The FY 2008 two-year fiscal plan projected a $(669,458) shortfall in FY 2009, and the City expects to remain within the budgeted levels of the fiscal plan.
The following actions are planned for the use of General Fund balance reserves if this budget is approved.
New Facility
* A 4.8 million dollar investment in the Courthouse/Police facility, including $3.0 million of proceeds from the sale of First & Washington Streets land (City-owned property), to improve services to our citizens and address long-standing and serious concerns with the housing and safety of the Courts as well as the Police services.
Golf Courses:
* Write-off $1.6 million dollars accumulated cash deficit in the Golf Fund.
1. Includes support for additional funds to evaluate alternative uses for the Huron Hills golf course.
2. Includes additional capital investments and operating subsidies for the courses as recommended by staff.
Community Services:
* Provision to fund $250,000 for Integrated Human Services as part of a new county initiative to eliminate homelessness and improve services.
* Provision for supplemental Parks funding - Parks & Recreation Services of $95,700, approved by Council in FY 2008 and recommended for the FY 2009 budget.
Public Services:
* Pro...
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