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2/4/13   <br />4   <br />General Fund Seven Year Forecast Assumptions <br />2012-13 thru 2018-19 <br />28   <br />2012-13 <br />Budget <br />2013-14 <br />Budget <br />2014-15 <br />Budget <br />2015-16 <br />Budget <br />2016-17 <br />Budget <br />2017-18 <br />Budget <br />2018-19 <br />Budget Notes <br />Transfers/Other: <br />Refuse contract $72k $72k $72k $72k $72k $72k $72k oversight of refuse contract (#594-41-206) <br />To economic uncertainty $300k $300k $300k 0 0 0 0 Community impact funds end in 2014-15 <br />SLUSD loan $1,500k 0 0 0 0 0 0 <br />Debt service: <br />COP refinancing savings 0 $ (637)k $ (407)k $ (497)k $ (191)k $ (5)k $ (1)k COP 2003 refinancing savings (in thousands) <br />Fire Dept. OPEB refinancing -$ -$ -$ -$ -$ -$ -$ placeholder for discussion purposes <br />Description <br />Seven Year Forecast, General Fund Revenues and Expenditures <br />2012-13 thru 2018-19 <br />PRELIMINARY FORECAST * <br /> 68,000,000 <br /> 73,000,000 <br /> 78,000,000 <br /> 83,000,000 <br /> 88,000,000 <br />2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 Revenues  Expenditures   <br />Measure Z <br />Expires <br />3-31-2018 <br />COPS Grant <br />Expires <br />29  *    Forecast  does  NOT  include  proposed  budget  changes  from  City  departments  for  2013-­‐14  and  2014-­‐15.   <br />Budget Considerations <br />• Two-year budget cycle <br />• Continuing increases in the following: <br />– Service level demands <br />– Facility and maintenance needs <br />– Health benefits and CalPERS <br />– Streets and roads deterioration <br />– Unfunded liabilities <br />– Fire contract services and equipment <br />– Technology requests/needs <br />• Labor negotiations <br />30   <br />Budget Considerations (cont.) <br />• 20% reserve threshold <br />– Staff recommends review of policy <br />• Sustainability strategy and plan beyond Measure Z <br />– Process improvements/efficiency <br />– Grants <br />– Innovation <br />– Revenue enhancement <br />– Organizational participation <br />• Goals and priorities alignment <br />31   <br />Biennial Budget Calendar <br />32   <br />Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 <br />City Council <br />Winter <br />Planning <br />Session <br />Biennial Budget <br />Update 1/26/13 <br />City Council <br />Mid-Year <br />Update and <br />Budget <br />Forecast <br />2/19/13 <br />City Council <br />Work <br />Session GF <br />Biennial <br />Budget <br />3/11/13 <br />City Council <br />Work Session <br />All Other <br />Funds <br />Biennial <br />Budget <br />4/8/13 <br />City <br />Council <br />Proposed <br />Master <br />Fee <br />Schedule <br />5/6/13 <br />City <br />Council <br />Proposed <br />Biennial <br />Budget <br />5/20/13 <br />City Council <br />Biennial <br />Budget Public <br />Hearing and <br />Adoption <br />6/3/13 and <br />6/17/13 <br />33