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FISCAL 2016 Summary of the Adopted Budget

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FISCAL 2016 Summary of the Adopted Budget FISCAL 2016 Summary of the Adopted Budget Stephanie Rawlings-Blake, Mayor City of Baltimore, Maryland BOARD OF ESTIMATES Bernard C. “Jack” Young, President Stephanie Rawlings-Blake, Mayor Joan M. Pratt, Comptroller George A. Nilson, City Solicitor Rudy Chow, Director of Public Works CITY COUNCIL President, Bernard C. “Jack” Young Vice President, Edward L. Reisinger FIRST DISTRICT James B. Kraft SECOND DISTRICT Brandon M. Scott THIRD DISTRICT Robert W. Curran FOURTH DISTRICT Bill Henry FIFTH DISTRICT Rochelle Spector SIXTH DISTRICT Sharon Green Middleton SEVENTH DISTRICT Nick Mosby EIGHTH DISTRICT Helen L. Holton NINTH DISTRICT William Welch TENTH DISTRICT Edward L. Reisinger ELEVENTH DISTRICT Eric T. Costello TWELFTH DISTRICT Carl Stokes THIRTEENTH DISTRICT Warren Branch FOURTEENTH DISTRICT Mary Pat Clarke DEPARTMENT OF FINANCE Henry Raymond Director of Finance PHOTO CREDIT: MARK DENNIS FISCAL 2016 SUMMARY OF THE ADOPTED BUDGET Table of Contents Introduction Municipal Organization Chart .................................................................................................................2 Mayor’s Tax Message .................................................................................................................................3 Budget Overview Fiscal 2016 ....................................................................................................................4 Outcome Grow Baltimore ......................................................................................................................................... 12 Priority Outcomes and Goals .................................................................................................................. 13 Budgetary Environment Ten-Year Plan ................................................................................................................................28 Economic Outlook .................................................................................................................................... 39 Fixed Costs ................................................................................................................................................ 46 Budget Process Budget-Making Process ...........................................................................................................................54 Revenue Outlook Revenue Forecast – Major Revenues .....................................................................................................56 Summary of City Real Property Tax Credit Programs .......................................................................67 Property Tax Base and Estimated Property Tax Yield ........................................................................68 Budgetary Funds – Descriptions and Policies ......................................................................................69 Revenue Estimate: General Fund (Operating and Capital Budgets) ...............................................................................81 Parking Management Fund (Operating and Capital Budgets) ....................................................... 87 Parking Enterprise Fund (Operating and Capital Budgets) .........................................................88 Convention Center Bond Fund (Operating and Capital Budgets) ................................................. 89 Water Utility Fund (Operating and Capital Budgets) ......................................................................90 Wastewater Utility Funds (Operating and Capital Budgets) ..........................................................91 Stormwater Utility Fund (Operating and Capital Budgets) ............................................................92 Conduit Enterprise Fund ......................................................................................................................93 Loan and Guarantee Enterprise Fund ................................................................................................94 Federal, State, and Other Special Grant Funds .................................................................................95 Budget Plan Funding Sources and Expenditures by Function ...............................................................................102 Selected Summary Views – Total Operating and Capital Budget ..................................................103 Summary of General Fund Budgetary Trends ...................................................................................105 Trends in Total Operating and Capital Budget - Summary .............................................................106 Trends in Operating and Capital Budget – Summary by Fund .......................................................107 Description of Operating and Capital Funds .....................................................................................108 Budgeted Funds – Total and Net Appropriations .............................................................................109 Major Types of Expenses – Total Operating and Capital Funds .....................................................110 Trends in Full-Time Budgeted Positions – All Funds .......................................................................111 Trends in Full-Time Budgeted Positions – General Funds ...............................................................112 Past and Projected Budgetary Fund Balances ....................................................................................113 i Operating Budget Where the Money Comes From and How the Money is Used ........................................................116 Better Schools ..........................................................................................................................................118 Safer Streets .............................................................................................................................................123 Stronger Neighborhoods ......................................................................................................................137 A Growing Economy .............................................................................................................................147 Innovative Government .........................................................................................................................157 A Cleaner City .........................................................................................................................................172 A Healthier City ......................................................................................................................................179 Operating Appropriations by Fund .....................................................................................................187 Operating Appropriations by Outcome and Fund ............................................................................188 Operating Appropriations by Outcome and Agency ........................................................................189 Operating Budget Compared with Prior Year Budget by Outcome, Service and Fund ..............191 Operating Budget Compared with Prior Year Budget by Agency, Service and Fund .................203 Changes to Full-Time Funded Positions .............................................................................................219 Capital Budget Where the Money Comes From and How the Money Is Used ........................................................224 Capital Budget Plan Highlights ............................................................................................................225 Capital Plan Budgetary Policy ..............................................................................................................227 Capital Budget Fund Distribution by Agency Detail ........................................................................228 Total Capital Appropriations ..................................................................................................................... 229 Capital Projects Impact on Operating Budget .......................................................................................... 230 Six-Year Capital Improvement Program ................................................................................................... 231 Debt Service Debt Service Overview ..........................................................................................................................235 Debt Service Expenses and Appropriations by Fund and Type ......................................................242 Appendix Baltimore Profile – General City Information ....................................................................................244 Demographic and Economic Profile and Trends ...............................................................................245 Major City Agencies - Selected Statistics .............................................................................................246 Fiscal 2015 Supplementary Appropriations .......................................................................................247 Key Budgetary and Financial Policies .................................................................................................248 Budgetary and Accounting Basis .........................................................................................................252 Operating and Capital Plan Budgetary Control ................................................................................254
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