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CRCOG FY2013-14 Budget Summary

CRCOG FY2013-14 Budget Summary. May 8, 2013 crcog Executive committee. FY 2013-14 Highlights. Stable operating revenue for current fiscal year ConnDOT implementing 10% reduction in planning funds to MPOs beginning FY2013-14

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CRCOG FY2013-14 Budget Summary

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  1. CRCOG FY2013-14 Budget Summary May 8, 2013 crcog Executive committee

  2. FY 2013-14 Highlights • Stable operating revenue for current fiscal year • ConnDOT implementing 10% reduction in planning funds to MPOs beginning FY2013-14 • Temporary increase in grants due to HUD, FEMA and Homeland Security ends in FY2013-14 • FY2015-16 outlook is very challenging and CRCOG staff recommends review and mitigation measures beginning in FY2013-14 • Current Governor’s Recommended Connecticut state budget cuts $952,000 in Welfare to Work programming • No additional FTE for CROCG staffing • 2% Cost of Living Adjustment

  3. Budget Summary

  4. 2012 and Projected combined Revenue Grants and Operations • Homeland Security grants will sunset by FY2013-14 • HUD grant and FEMA grants end in FY2013-14 • Less Transportation study money beyond FY2013-14

  5. Operating budget Outlook • Chart projects 2% increase in dues annually beginning in FY2014-15

  6. Income & Expenses outlook • Assumes maximum usage of carry over funds in FY2015-16 and FY2016-17 • Use of carry over funds includes requirement of local match – restricting usage of local dues collected • Includes 20% estimated health insurance increases and 2% increase of dues • Assumes no future cost of living adjustments

  7. Appendix Crcog Budget Summary

  8. Proposed crcog 2013-2014 Budget Summary

  9. Budget Summary by Dept.

  10. Operational budget Summary

  11. Grants budget Summary

  12. FEE FOR SERVICE SUMMARY

  13. FY 2013-14 Highlights • Stable operating revenue for current fiscal year • ConnDOT implementing 10% reduction in planning funds to MPOs beginning FY2013-2014 • Temporary increase in grants due to HUD, FEMA and Homeland Security ends in FY2013-2014 • FY2015-16 outlook is very challenging and CRCOG staff recommends review and mitigation measures beginning in FY2013-2014 • Current Governor’s Recommended Connecticut state budget cuts $952,000 in Welfare to Work programming • No additional FTE for CROCG staffing • 2% Cost of Living Adjustment

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