Council Adopts FY 2016-17 City Budget

Press Release

Press Release - Council Adopts FY 2016-17 City Budget

Posted: 06/08/2016

Maintains City services and clarifies priorities; New video and online tools engage residents

During their regular meeting, the Elk Grove City Council approved a $345 million city budget for fiscal year (FY) 2016-17 that maintains City service levels, focuses investments in public safety and economic development, and prioritizes funding for critical infrastructure. The spending plan will take effect July 1 and guide City spending through June 30, 2017.

“City staff has proposed a fiscal plan that is responsive to the Council’s goals and addresses the community’s needs,” said Elk Grove City Manager Laura Gill. “The budget proposed prudently manages our current resources in a way that best positions the City to capitalize on future changes in the Revenue Neutrality Agreement with the County.”

As a condition of incorporation, a Revenue Neutrality agreement with the County of Sacramento provides 75% of the City’s share of property tax revenues to the County for services. That amount incrementally diminishes until its end in FY 2025-26.

Strong General Fund revenue growth is projected for Fiscal Year 2016-17 that allows for the continued programming of one-time projects such as the General Plan Update with minimal reserve impact. The result is a FY 2016-17 General Fund Budget that is $3.7 million (6 percent) more than last year that uses an estimated $346,000 in General Fund reserve funds to cover one time initiatives totaling over $900,000.

“This budget represents a strategic investment in our City’s future,” said Elk Grove Mayor Gary Davis. “Staff’s plan keeps our feet on the ground and our eyes on the future by maintaining our existing level of services and moving our major projects forward.”

Across all funds, the budget increased to $345 million, up $98 million (39 percent) from the previous year due to fine tuning of the Capital Improvement Plan (CIP) and $43 million in projected spending on capital projects to be financed by a Laguna Ridge Community Finance District (CFD) debt issuance that will be considered by Council at a later date.

Highlights of the approved FY 2016-17 Budget include:

  • New Growth Area Infrastructure Projects: $34.1 million in roadway, sewer and other utility investments for the southwest portion of the Laguna Ridge Specific Plan. An additional $26.5 will be invested in widening and extension projects along Kammerer Road as part of the region’s Capital Southeast Connector Project.
  • Public Safety: Funds will be dedicated to increasing police recruitment efforts to maintain a highly skilled police force, equip patrol staff with body worn cameras, and expanding neighborhood policing efforts.
  • Economic Development: Expansion of the City’s Business Retention Program will foster positive working relationships with existing employers in key industry sectors. A transfer of $200,000 from the General Fund to the Economic Development Incentive Fund will bolster efforts to attract new employers to the City.
  • Civic Amenities: Planning, design and initial construction of the Veteran’s Hall and Aquatic Center facilities in the Civic Center will continue. Work on the feasibility study for the future Senior Center/Community Center will be completed. Permanent bathroom facilities, replacement fencing, landscaping and pavement resurfacing will be added to the Old Town Plaza.
  • General Plan Update: Completion of the City’s General Plan Update will provide leaders and residents with a road map for policy and funding priorities for our future.

City staff also introduced two new tools to assist the public with reviewing and understanding the city’s budget. A new video entitled “Making Dollars and Sense of the City’s Budget” provides a 3 minute overview of funding categories and constraints. To dig deeper, there’s the Open Budget application. This new resource designed in partnership with Socrata, Inc. offers residents an interactive, online platform for reviewing the City’s financial information on your computer or mobile device. It displays revenue sources and expenditures for the yearly operating and capital improvement budgets down to line item details. Open Budget also offers users the ability to convert data from graphics to tables and download raw data for further analysis. The application allows users to evaluate how City spending has changed over time.

Access to the video, Open Budget, and a copy of the comprehensive FY 2016-17 Budget can be found on the City’s web site at www.elkgrovecity.org/budget.

 

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