Finance Department FY 2017 Preliminary Budget Presentation General

Finance Department FY 2017 Preliminary Budget Presentation General Fund 1

Finance Department Organizational Chart Kelly Dowe Chief Business Officer/Finance Director $19, 622, 040 FTEs: 116. 4 Director’s Office $2, 767, 176 FTEs: 14. 6 Financial Planning & Analysis $1, 996, 785 FTEs: 14. 5 Strategic Procurement $5, 343, 644 FTEs: 43. 3 Financial Reporting & Operations $5, 785, 539 FTEs: 27. 4 Treasury & Capital Management $2, 662, 642 FTEs: 10. 6 Performance Improvement $1, 066, 254 FTEs: 6. 0 2

FY 2017 Department Initiatives � � � Support Administration’s efforts to continue to reduce spending through elimination of inefficiencies and contract renegotiations Present Long Range Financial Plan to address structural financial issues by December 2016 Expand implement Enterprise Risk Management (ERM) initiatives for new business processes, (e. g. financial and performance management review, SAP security access review) � Launch vendor performance management program � Implement full compliance with financial policies adopted by City Council � Implement E. O. 1 -53 and accompanying A. P. 4 -10 to instill performance -based budgeting through fiscal responsibility, accountability, and responsive public services and civic investments 3

Budget Summary – General Fund ($ in thousands) Fund General Fund 1000 Revenue FY 16 Budget $1, 826, 020 Revenue FY 17 Preliminary Estimates $1, 769, 507 +/$/% ($56, 513)/ (3. 1%) Expenditure FY 16 Budget $20, 254 Expenditure FY 17 Preliminary Estimates $19, 622 +/$/% ($632)/ (3. 1%) 4

FY 2017 – Revenue Highlights 5

FY 2017 – Revenue Highlights 6

General Fund Expenditures By Category ($ in thousands) Category Personnel Supplies Other Services and Charges Total Expenditures FY 15 Actual Expenditures FY 16 Budget Expenditures FY 16 Estimates Expenditures FY 17 Preliminary Estimates $12, 739 $14, 211 $13, 660 $14, 244 $101 $93 $102 $85 $5, 518 $5, 950 $6, 021 $5, 293 $18, 358 $20, 254 $19, 783 $19, 622 +/$/% FY 17 Prelim. Est. vs FY 16 Budget $33/ 0. 23% ($8)/ (8. 6%) ($657)/ (11. 0%) ($632)/ (3. 1%) 7

FY 2017 General Fund Preliminary Budget Expenditures Net Change to FY 2016 Current Budget 8

FY 2017 - Expenditures Highlights Filled/Vacant FTE Impact Reduction Type FY 17 Reduction in supplies and services N/A Eliminate vacancy in the Financial Reporting & Operations Division 1. 0 78, 882 Eliminate vacancy in the Strategic Procurement Division 1. 0 154, 854 Enterprise Data Management program consolidation savings 0. 0 375, 830 Consolidate positions in the Financial Planning & Analysis Division 1. 0 77, 575 Reduce management consulting for fee cost of services study 0. 0 114, 041 Finance Department Total 3. 0 $ $ 53, 344 854, 526 9

QUESTIONS?

Diversity Headcount 11

Other Funds � Central Service Revolving Fund �HITS �FMD �HFD �GSD/Energy �PWE � General Fund* � Revolving Fund* 77% 23% *FY 17 Preliminary budget – percentages are approximate 12

Thank you