2013 Fund Balance Projection

History of City of Syracuse General Fund Balance

Fiscal Year

Fund Balance
Beginning of Year

2001/2002
2002/2003
2003/2004
2004/2005
2005/2006
2006/2007
2007/2008
2008/2009
2009/2010
2010/2011
2011/2012
2012/2013
2013/2014
2014/2015
2015/2016

$23,331,258
$25,106,460
$24,636,539
$17,128,636
$30,851,341
$31,861,632
$47,150,168
$63,023,692
$58,383,005
$49,215,243
$39,513,119
$47,933,075
$59,814,548
$41,814,548
$16,814,548

Net Surplus /
(Defect)

$1,775,202
-$469,921
-$7,507,903
$13,722,705
$1,010,291
$15,288,536
$15,873,524
-$4,640,687
-$9,167,762
-$9,702,124
$8,419,956
$11,881,473
-$18,000,000
-$25,000,000
-$30,000,000

Information is based on City of Syracuse - Basic Financial Statements

Fund Balance at
Year End

$25,106,460
$24,636,539
$17,128,636
$30,851,341
$31,861,632
$47,150,168
$63,023,692
$58,383,005
$49,215,243
$39,513,119
$47,933,075
$59,814,548
$41,814,548
$16,814,548
-$13,185,452

PROJECTED FIGURES
BUDGETED FIGURES
ESTIMATED FIGURES
ESTIMATED FIGURES

Revenue Assumptions
No revenue growth for property taxes and NYS State aid. Property tax levy expected to stay the same
Sales tax growth factor projected at 2% in FY 15 and FY 16
No projected increase in Water and Sewer rates
Implementation of the Land Bank expected to spur delinquent property owners to remit taxes or risk
foreclosure of property. Revenue increase in Prior Year Tax and Fees and Penalties accounts
Airport operations will transfer to the Syracuse Regional Airport Authority ( SRAA)between FY 13 and FY 14.
General Fund will still receive cost reimbursements for services performed and the amount of Debt Service to be
paid on existing bonds.
Expenditure Assumptions
Wages projected to increase by 2% for departments with major union representation-Police, Fire, DPW and
Parks ; all others 1%
Major Department functional expenditures projected to increase by 2% annually
Health insurance costs were increased by 8% based on claims, inflation and financial ramifications of the
Affordable Health Care Act in FY 14
Debt service costs are based the approved 2013-2014 Capital Improvement Plan
Pension liabilities will be paid in full. Projections do not include any pension amortization.
$2 million estimated Police contract allocation for 2014-2015. Accounts for wages and benefits for open
contract years. Placeholder expenditure
Wages were frozen with the exception of steps and longevity in 2013-2014
Sewer and Water Special Funds are self sustaining. No subsidy from the General Fund. Both funds reimburse
the General Fund for administrative services.

City of Syracuse State Aid

(in $ millions)
82

80
-9.9%

78
76
74

81.3

72

74.3
70

73.2

68
2008-09

2009-10

2010-11

City of Syracuse State Aid

(in $ millions)
100
90

20.9

80
70

60
50
40
30

73.2

71.7

71.7

71.7

2010-11

2011-12

2012-13

2013-14

20
10
0

AIM Aid

Spin Up

City Of Syracuse
State Aid History
Year Ended
June 30
FYE1999-00
FYE2000-01
FYE2001-02
FYE2002-03
FYE2003-04
FYE2004-05
FYE2005-06
FYE2006-07
FYE2007-08
FYE2008-09
FYE2009-10
FYE2010-11
FYE2011-12
* FYE2012-13
** FYE2013-14

State Aid
Received
$41,933,027
$43,304,576
$43,304,576
$43,304,576
$43,304,576
$55,562,915
$54,825,909
$66,596,759
$73,884,467
$81,294,114
$74,333,228
$73,223,045
$71,758,584
$92,644,361
$71,758,584

Description of funds Received

$5M Target Aid; $10M Additional Aid; $5.7M Emergency Aid & $21.1M Revenue Sharing
$15M Target Aid; $10M Additional Aid; $5.7M Emergency Aid & $12.5M Revenue Sharing
$25M Target Aid; $5.7M Emergency Aid & $12.5M Revenue Sharing
$25M Target Aid; $5.7M Emergency Aid & $12.5M Revenue Sharing
$25M Target Aid; $5.7M Emergency Aid & $12.5M Revenue Sharing
$25M Target Aid; $15.6M Spin Up Aid; $2.4M Emergency Aid & $12.5M Revenue Sharing
$48.8M AIM Aid & $6M Spin Up Aid
$63.2M AIM Aid & $3.4M Spin Up Aid
$68.8M AIM Aid & $5M Spin Up Aid
$76.2M AIM Aid & $5M Spin Up Aid
$74.3M AIM Aid & no Spin Up Aid
$73.2M AIM Aid & no Spin Up Aid
$71.7M AIM Aid & no Spin Up Aid
$71.7M AIM Aid & $20.8M Spin Up Aid PROJECTED FIGURE
$71.7M AIM Aid & no Spin Up Aid
BUDGETED FIGURE

- Target Aid consisted of supplemental funds authorized by the state budget to certain Cities.
- In 2005/2006 fiscal year the State consolidated several State Aid programs into a new State Aid
program called Aid & Incentives for Municipalities or AIM. Included in the AIM program were
State programs - Revenue Sharing, Emergency Financial Aid to Certain Cities, and Target Aid.

- In fiscal year 2004/2005 the State allowed the City to accelerate the AIM Aid payments from
future years through the SpinUp Program. It should be noted this is not additional funding
from the State but early payments of future AIM funding from the State.

- In fiscal year 2012/13 the City will receive $20.8M in Spin Up Aid, this will bring the City to its
maximum allotment amount of $30M in Spin Up Aid. The City will not be eligible to receive
additional Spin Up funds in the future unless the State legislature authorizes an increase in
the City's base AIM Aid, which is currently $71.8M.

Sales Tax Revenues:

New 10-Year Formula
(in $ millions)
80
+20.8% with
new formula

70
60
50
40

30

59.8

60.4

61.9

60.1

64

74.2

75.6

61.4

20
10
0
2005-06 2006-08 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13
New formula negotiated in 2010

City Of Syracuse
Sales Tax Reciept History
Year Ended
June 30

Sales Tax
Received

FYE2000-01
FYE2001-02
FYE2002-03
FYE2003-04
FYE2004-05
FYE2005-06
FYE2006-07
FYE2007-08
FYE2008-09
FYE2009-10
FYE2010-11
FYE2011-12
FYE2012-13
FYE2013-14

$48,142,800
$47,998,400
$48,847,500
$49,338,000
$62,674,200
$59,757,400
$60,437,400
$61,930,700
$60,064,000
$63,969,000
$61,440,555
$77,088,340
$76,280,800
$79,149,000

% increase/decrease
over Prior Year
2.64%
-0.30%
1.77%
1.00%
27.03%
-4.65%
1.14%
2.47%
-3.01%
6.50%
-3.95%
25.47%
-1.05%
3.76%

PROJECTED FIGURES
BUDGETED FIGURES

A) The tax on sal es and use of taxabl e personal and certai n servi ces i n Onondaga County
i s di vi ded between New York State, Onondaga County, the Ci ty of Syracuse and towns,
vi l l i ages and school di stri cts l ocated wi thi n Onondaga County.

B) In 2000 the Onondaga County Legi sl ature adopted a revi sed sal es tax formul a
that guaranted the Ci ty of Syracuse's sal es tax reci ept of $47.5 mi l l i on for 2001, and growth
between 0 and 2% over $47.5 mi l l i on i n future years, dependent on the total sal es tax i ncrease.
Thi s agreement expi red i n 2010.

C) In September 2004 the Couty i mpl emented an addi ti onal 1% to the current sal es tax rate,
i ncreasi ng the tax to 8.25%. Thi s i ncrease needs to be approved by the State. The Ci ty i s
projected to see an i ncrease i n the amount of sal es tax recei ved from Onondaga County.

D) In May 2010, a new agreement was adopted for sal es tax di stri buti ons for 2011 through 2020.
The new agreement si gni fi cantl y reduced the share of sal es tax recei pts to the towns, vi l l ages,
and School Di stri cts l ocated i n Onondaga County. For 2011 cal endar year, the Ci ty recei ved a
reduced share of approxi matel y 19.5% of the sal es tax recei ved by Onondaga County.
From 2012 forward the ci ty's share wi l l i ncrease to and stabi l i ze at approxi matel y 24.7% of
the total sal es tax recei ved by Onondaga County.

City of Syracuse
2013/14 City Budgeted Expenses
Wages
$98.2M

Health Care
$41.9M

Pensions
$29.4M

Social Security
$7.3M

Other Operating
Expenses
$64.3M
Budgeted Figures

City General Fund

$241,363,196
Personnel Costs 73.3%
1. Wages 40.7%
2. Health Care 17.4%
3. Pensions 12.2%
4. Social Security 3.0%

City of Syracuse
2013/14 City Expenses
Police Wages
$37.5M

Other Operating
Expenses
$64.3M

City General Fund

$241,363,196

Fire Wages
$25.7M

Social
Security
$7.3M

Pensions
$29.4M
Health Care
$41.9M
Budgeted Figures

Other
Wages
$34.8M

Personnel Costs- 73.3%

1. All Wages- 40.7%
a) Police Wages- 15.6%
b) Fire Wages- 10.7%
c) Other Wages- 14.5%
2. Health Care- 17.4%
3. Pensions- 12.2%
4. Social Security- 3.0%

City of Syracuse Expenses

ACTUAL
FY2011-12
Total Expenditures

PROJECTED
FY2012-13

BUDGETED
FY2013-14

$219,616,188

$231,413,636

$241,363,196

$37,540,170
$27,044,243
$31,725,091
$96,309,504

$37,166,465
$25,639,113
$32,542,362
$95,347,940

$37,554,808
$25,796,537
$34,885,929
$98,237,274

$31,364,545
$22,126,444
$31,080,705

$29,652,367
$20,519,111
$31,696,260

$30,253,026
$21,996,805
$33,889,317

$8,522,059
$4,441,311
$1,627,593

$6,390,000
$4,664,653
$1,729,870

$6,790,000
$2,908,000
$1,775,000

$19,355,981
$6,869,586
$37,572,035

$25,616,814
$7,183,857
$41,173,123

$29,436,598
$7,328,994
$41,968,339

$59,509,082

$62,091,902

$64,391,991

Personnel Costs
(General Fund ONLY)

Full Compensation
Police
Fire
Other City Departments

Base Wages
Police
Fire
Other City Departments
Overtime
Police
Fire
Other City Departments
Pensions
Social Security
Health Care
Other Operating Expenses

City of Syracuse
Tax Levy

*Projected figure
**Budgeted figure

**

City of Syracuse
Tax Levy History
Year Ended
June 30

Assessable
Tax Base**

City

FYE1999-00
FYE2000-01
FYE2001-02
FYE2002-03
FYE2003-04
FYE2004-05
FYE2005-06
FYE2006-07
FYE2007-08
FYE2008-09
FYE2009-10
FYE2010-11
FYE2011-12
FYE2012-13
FYE2013-14

3,552,514,934
3,531,053,211
3,492,300,687
3,522,231,450
3,511,948,420
3,495,839,199
3,496,168,545
3,543,811,180
3,583,230,415
3,622,263,893
3,651,668,347
3,696,960,379
3,693,049,305
3,723,194,634
3,714,927,989

20,372,446
19,921,295
19,823,205
22,534,427
22,458,677
24,592,252
24,592,252
25,749,809
26,068,577
26,422,077
27,152,082
33,212,083
33,212,083
33,515,813
33,458,318

Tax Levy
School District
45,500,174
45,500,174
50,550,174
54,050,174
54,050,174
59,184,941
59,184,941
62,736,037
63,433,929
64,094,544
64,094,544
64,094,544
64,094,544
64,617,911
64,474,433

** Calculation in Computation of Constitutional Taxing Power

Total
65,872,620
65,421,469
70,373,379
76,584,601
76,508,851
83,777,193
83,777,193
88,485,846
89,502,506
90,516,621
91,246,626
97,306,627
97,306,627
98,133,724
97,932,751

City of Syracuse
Growth in Wages and Overtime
70

$64.5M

60

+32.8%

$48.6M

50

Other Wages

40
$31.7M
30
$24M

+32.2%

20
10
0
FYE2001-02

FYE2011-12

Police & Fire

Wages Subject to
Interest Arbitration

City of Syracuse Growth in Overtime

$16,000,000

$14,000,000

$1.6M

$12,000,000

-23%

$4.4M

Other Wages

$10,000,000

$8,000,000

$6,000,000

$2.1M

$1.6M

+34%
$4,000,000

Fire

+64%

$8.5M

$5.6M

$2,000,000

$0

FYE2001-02

FYE2011-12

Police

CITY OF SYRACUSE
10 YEAR COMPENSATION HISTORY
Year Ended
June 30
FYE2001-02
FYE2002-03
FYE2003-04
FYE2004-05
FYE2005-06
FYE2006-07
FYE2007-08
FYE2008-09
FYE2009-10
FYE2010-11
FYE2011-12
FYE2012-13
FYE2013-14

Police
$27,176,325
$29,666,442
$31,133,554
$33,945,217
$34,466,602
$36,303,661
$36,113,567
$38,623,449
$39,339,729
$38,102,524
$37,540,170
$37,166,465
$37,554,808

Fire
$21,619,268
$21,432,065
$22,158,855
$22,358,801
$22,496,341
$24,264,133
$23,863,013
$24,859,603
$26,589,064
$27,051,883
$27,044,243
$25,639,113
$25,796,537

Other General
Fund

Total General Fund

Compensation
Paid

$25,712,596
$25,924,004
$27,060,056
$27,700,836
$28,591,080
$29,740,038
$30,969,558
$32,514,418
$33,539,065
$30,551,943
$31,725,091
$32,542,362
$34,885,929

$74,508,189
$77,022,511
$80,352,466
$84,004,854
$85,554,022
$90,307,832
$90,946,138
$95,997,470
$99,467,858
$95,706,350
$96,309,504
$95,347,940
$98,237,274

PROJECTED FIGURES
BUDGETED FIGURES

FYE 2003-04 Air Crash Rescue combined with General Fund Fire Department
Police rec'd retro payment due to union settlement in 2004 & 2006 there was a Audit entry in 2005 for $1.4m
FYE 2006-07 Fire rec'd retro payment due to union settlement
Civilian Salaries increased FYE 2009-10 & FYE 2010-11 due to retirement incentive
In FYE 2011-12 the Police Department hired 14 COPs Grant Officers

Note: includes Salaries, Wages, Overtime, Holiday pay, Uniform Allowance, Tool Allowance, Night Shift Differential,
Retirement Payouts -all contractual salary expenses. These figures are also net reimbursements from outside agencies
and grants.

City of Syracuse
Pension Invoices by Retirement Unit
$18,000,000

$16.9M
Regular
Employees
Retirement

$16,000,000

$14,000,000

Police & Fire

Retirement

$11.8M

$12,000,000

$10,000,000

$8,000,000

$7.4M

$6,000,000

$4.4M

Pension Invoices
increased over
1,000% in both Police
& Fire Retirement and
Regular Employees
Retirement

$4,000,000

$2,000,000

$1.4M
$497K

$0

FYE2001-02

FYE2006-07

FYE2011-12

City of Syracuse
Previous Three Years Pension Invoices
$35,000,000
REGULAR EMPLOYEE
RETIREMENT
$30,000,000

POLICE & FIRE

RETIREMENT

$25,000,000

$20,000,000

$9.5M
$8.3M

$7.3M

$15,000,000

$10,000,000

$22.9M
$16.9M

$21.2M

$5,000,000

$0
FYE2011-12

FYE2012-13

FYE2013-14

City of Syracuse
Pension Invoice History
Year Ended
June 30
FYE2000-01
FYE2001-02
FYE2002-03
FYE2003-04
FYE2004-05
FYE2005-06
FYE2006-07
FYE2007-08
FYE2008-09
FYE2009-10
FYE2010-11
FYE2011-12
FYE2012-13
FYE2013-14

Civilian
Retirement Bills
$606,463
$497,004
$586,709
$3,187,880
$4,495,244
$3,559,444
$3,926,376
$3,512,209
$3,049,862
$2,816,072
$4,624,767
$6,584,097
$7,227,914
$8,391,004

SURA
Retirement Bills

Police & Fire

Retirement Bills

Total
Retirement

$282,643
$593,140
$505,151
$516,447
$483,696
$372,287
$411,193
$552,406
$773,124
$1,061,843
$1,123,531

$1,820,027
$1,430,500
$1,405,344
$4,503,591
$11,455,674
$10,954,316
$11,816,253
$11,504,241
$12,777,941
$12,312,262
$14,754,946
$16,905,411
$21,158,661
$22,946,239

$2,426,490
$1,927,504
$1,992,053
$7,974,114
$16,544,058
$15,018,911
$16,259,076
$15,500,146
$16,200,090
$15,539,527
$19,932,119
$24,262,632
$29,448,418
$32,460,774

City of Syracuse
Health Insurance Expenses
$45,000,000

$40,000,000
$35,000,000

Retirees
Active Employees

$30,000,000
$25,000,000

$20,000,000
$15,000,000

$10,000,000
$5,000,000

$0

*Projected Figure
**Budgeted Figure

City of Syracuse Growth in Health Care

Costs*
$45,000,000
$40,000,000

$37.5M

$35,000,000
$30,000,000

128%

$25,000,000
$20,000,000

$16.4M
$15,000,000
$10,000,000
$5,000,000

$0
FYE2001-02

FYE2011-12
*Police and Fire make up 72% of Health Care costs.

Cost of Individual and Family

Healthcare
Cost to City

Contribution

% Paid by
Employee

Police Individual
Coverage

$6,411.60

$30/mo = $360/yr

6%

Police Family
Coverage

$17,247.60

$60/mo = $720/yr

4%

Fire Individual
Coverage

$6,411.60

$45/mo = $540/yr

8%

Fire Family
Coverage

$17,247.60

$75/mo = $900/yr

5%

CITY OF SYRACUSE
10 YEAR HEALTH INSURANCE HISTORY
Year Ended
June 30

Active Employees

FYE2001-02
FYE2002-03
FYE2003-04
FYE2004-05
FYE2005-06
FYE2006-07
FYE2007-08
FYE2008-09
FYE2009-10
FYE2010-11
FYE2011-12
FYE2012-13
FYE2013-14

$9,218,654
$10,555,357
$10,605,519
$10,483,009
$12,601,956
$12,539,275
$14,938,105
$14,248,852
$20,048,446
$19,828,286
$17,704,999
$19,416,537
$18,465,129

Retirees

$7,265,740
$8,664,284
$11,386,062
$13,436,611
$15,262,935
$14,708,724
$14,851,457
$19,308,566
$16,686,617
$18,143,119
$19,867,036
$21,756,586
$23,503,210

Total General
Fund Health
Insurance Expense

$16,484,394
$19,219,641
$21,991,581
$23,919,620
$27,864,891
$27,247,999
$29,789,562
$33,557,418
$36,735,063
$37,971,405
$37,572,035
$41,173,123
$41,968,339

PROJECTED FIGURES
BUDGETED FIGURES

City of Syracuse Cost Cutting Measures

Item

Savings

Negotiated healthcare savings with not-for-profit hospitals through POMCO, our

healthcare provider

$995k (est)

Negotiated services agreement with Crouse Hospital

$50k/yr revenue

Reduced Police and DPW overtime costs

$1.9M

Reduced workforce by 10% from December 2009 to April 2011

$7.0M

Consolidated City and County mail services

$28k/yr

Privatizing airport security services

$2.5M/yr

Tier VI savings- City has only hired 24 employees (replacements) since April 1st

$38k

Combined Purchasing Departments with County

$220K

Negotiated Zero increases with six labor contracts

$1.6M/each possible % increase

Relocating Senior Center

$175k

Elimination of City Department (Syra Stat)

$150k

Closing of City parking garage due to structural repair issues

$15M

Delayed infrastructure repairs (public works, water, buildings and firehouses)

$30M (est)

Negotiated services agreement with Syracuse University

$500k/yr revenue

Increase health care contributions for management/confidential employees (153

active employees) from 3% to 10%

$100k revenue