Title
Resolution to Adopt Ann Arbor City Budget and Related Property Tax Millage Rates for Fiscal Year 2014 (7 Votes Required)
Memorandum
Attached for your review and action is the proposed fiscal year FY 2014 City Budget that totals $347 million and is in compliance with the City Charter. This budget resolution reflects the recommended budget delivered to you on April 15, 2013.
General Fund Activities
This recommended budget holds recurring expenditure levels in line with the projected revenue levels.
FY 2014
Recurring Revenues $ 82,632,798
Non-recurring Revenues (Use of Fund Balance) 260,514
$82,893,312
Recurring Expenditures $ 81,287,363
Non-recurring Expenditures 1,605,949
Total Expenditures $ 82,893,312
General Fund recurring expenditures increased by $3,390,421 (+4.4%) compared to FY 2013, and recurring revenues increased by $3,439,686 (+4.4%). This includes Golf revenue of $1,303,000 and expenditures of $1,436,902. Below is a summary of non-recurring expenditures:
General Fund Non-recurring Expenditures FY 2014
Attorney (succession plan) $ 18,449
Financial Services (succession plan/process improvements) 135,000
Hydropower (regulatory and capital improvements) 307,500
Facilities (capital projects) 875,000
Systems Planning (State street corridor study) 150,000
Building Settlement Funding 100,000
Non-Departmental (ICMA citizen survey) 20,000
Total General Fund Non-recurring Expenditures $ 1,605,949
FTEs
The City’s FTEs are proposed to increase from 685 to 693 in FY 2014 (excluding transfers between Service Areas):
· 4 FTE increase in Fire Services
· No FTE change in Police Services
· 1.3 FTE decrease in Public Services
· 3 FTE increase in Community Services
· No FTE change in Fifteenth District Court
· 0.2 FTE decrease in Attorney
· 0.5 FTE increase in City Administrator
· 1.67 FTE increase in Financial and Administrative Services
Millage Rates
The following millages are the maximum allowable levy ...
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