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City of Sunbury Early Intervention Program Revenue and Expenditures

City of Sunbury Early Intervention Program Revenue and Expenditures. Purpose of EIP Program . Improvement of Revenue Stream Reduction of Costs Operational Improvements Reduction/Transfer of Liability Improve Economic Development Opportunities. Early Intervention Goals .

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City of Sunbury Early Intervention Program Revenue and Expenditures

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  1. City of SunburyEarly Intervention ProgramRevenue and Expenditures

  2. Purpose of EIP Program • Improvement of Revenue Stream • Reduction of Costs • Operational Improvements • Reduction/Transfer of Liability • Improve Economic Development Opportunities

  3. Early Intervention Goals • Develop and Review City Financials from 2003 - 2008 • Develop Outyear Financial Projections for 2009-2013 • Review Departmental Operations • Prepare Consolidated Report • Enactment of Recommendations

  4. Financial Projections Expenditures to Exceed Revenues in Each of Next Five Years

  5. Financial Projections • Trends Show Structural Deficits • Relatively Strong Expenditure Controls • Wages • Health Care • Pension • Utilities • Insurances

  6. Financial Projections • Revenue Growth Hampered by Factors • Property Assessments • Population Decline • Falling Tax Collection Rates • Outdated Fee Schedule • State Laws

  7. General Operation Findings • Significant Need to Improve Facilities • Change Form of Governance • Restructure Budget Process • Improve Employee Policies, Training and Supervision • Increase Intergovernmental Cooperation

  8. Revenue Enhancements • Reassessment of Properties • Replace Occupational Assessment Tax with Earned Income Tax • Enactment of Per Capita Tax • Better Public/Private Partnerships • Restructure Fee Schedule • Improve Revenue Analysis

  9. Expenditure Controls • Changes to Police Pension Fund • Changes to Health Insurance Plans • Increase Use of Technology • Promote Risk Management Activities • Support for Fire Companies • Program-based Accounting/Budgeting • Matching Funds for Grants

  10. Known Unknowns • Effect of Recession on Economy • Effect of Stimulus on City Finances and Regional Economy • Increased Energy Costs in 2010 • Increased Police Pension Costs in 2010 • Current Employee and Post Retirement Health Benefit Costs

  11. Known Unknowns • Reactions by Other Governmental Entities to Economic Woes • New State and Federal Mandates • Impact of County-wide EIT Collection • Lawsuits, Arbitration Awards, Disasters, Capital Programs

  12. City Plans Are Important • Visioning Plan • Comprehensive Plan • Recreation Plan • Capital improvement Plan • Succession Management Plan • Outyear Financial Plan

  13. What’s Next • March 23rd – Questions on Financials • April 13th – Management Audit Presentation • April 27th – Questions on Management Audit • Future – Enactment of EIP Recommendations and Phase II Grant Proposal

  14. Contact Information Robert Sabatini Director of Management Services Keystone Municipal Services, Inc. Kms-harrisburg@comcast.net 267-718-3467

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