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City of New Orleans

City of New Orleans. Financial Overview. City of New Orleans. Budget Overview. (in millions). Revenue. Expenditure. 2006. 2005. 2006. 2005. $460. $620. Operating Budget. $620. $460. Capital Budget. $ 70. $0.2. $ 70. $0.2. $58. Unk. $ 57. $58. Bd. of Liquidation. Slide 2.

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City of New Orleans

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  1. City of New Orleans Financial Overview

  2. City of New Orleans Budget Overview (in millions) Revenue Expenditure 2006 2005 2006 2005 $460 $620 Operating Budget $620 $460 Capital Budget $ 70 $0.2 $ 70 $0.2 $58 Unk. $ 57 $58 Bd. of Liquidation Slide 2

  3. City Operating Budget, Consolidated Revenues (in millions) 2005 2006 % change Taxes $260 $52 Licenses & Permits 64 22 - 65% Intergovernmental 12 7 - 45% Charges for Services 55 11 - 80% Fines & Forfeits 18 4 - 77% Miscellaneous 22 4 - 80% Other Financing Sources 21 217 +939% TOTAL GENERAL FUND $453 $317 - 30% Anticipated Grants 50 50 Grant Funds 45 43 Comm. Dev. Funds 45 Special Revenue Funds 19 2 Library Fund 8 3 Self - Generated Fund ___ 1 0 TOTAL OTHER FUNDS $167 $143 -80% 45

  4. City Tax Revenue 2005 2006 Sales tax $152.5 $21.3 Property tax 111.9 Utility tax 11.5 2.0 Doc. Trans. tax Other tax 4.3 -- TOTAL $260.4 $52.2 Bd of Liquidation $56.0 Unknown 33.4 7.0 .2

  5. Property Tax Millages, City of New Orleans (2005 Rates) City of New Orleans General Alimony Fund 14.91 Fire & Police 6.40 Public Libraries 4.32 Housing/Economic Development 2.50 Parkway & Recreation 3.00 Street & Traffic Con trol 1.90 Capital Infrastructure 2.50 City Homestead Exempt 35.53 Fire (not homestead exempt 5.21 Police (not homestead exempt) 5.26 City Total 46.00 28.40 Board of Liquidation, City Debt

  6. Source 1996 BGR report Property Taxes in New Orleans: Who Pays? Who Doesn’t? And Why?

  7. City Expenditures by Department Operating Expenditures Figures in 2005 2006 % $millions, rounded Chg Police 124 101 - 19% Mayor – Neighborhood 1 43 42 - 2 Chief Admin Office 53 40 - 25 Fire 51 40 - 22 Mayor 31 22 - 30 Sanitation 35 21 - 41 Health 20 16 - 22 Public Works 19 10 - 50 Finance Operations Only 13 6 - 56 Property Management 11 6 - 45 Law 10 6 - 32 City Council 12 4 - 66 Parks & Parkways 7 4 - 52 Safety & Permits 5 3 - 37 Mayor – Economic 7 2 - 75 Development Recreation 8 1 - 90 Human Services 2 1 - 63 Civil Service 2 1 - 58 Other 9 0 - 100 Totals 464 324 - 30 38 39 +2

  8. City Expenditures for Judicial and Parochial Offices, Approved Budgets Criminal Sheriff $30 $16 D.A. Office Clerk, Crim. D.C. Juvenile Court 2 1 Coroner’s Office 2 1 Crim. Dist. Court 1 Municipal Court 1 1 Traffic Court 1 1 Registrar of Voters 0 0 Judicial Retirement 0 0 Civil District Court 0 0 City Court 0 0 Total 20052006 3 2 3 2 2 $45 $27

  9. City Capital Budget (in millions) Revenues Expenditures: Major Components Major & minor streets Parks & Recreation Other Public Facilities City’s Energy Mgmt. Program 2005 2006 $70 $0 70 49 10 7 3

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