Public Budgeting Research Paper

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City of Alameda Online Budget Challenge

PRESS RELEASE

FOR IMMEDIATE RELEASE

City of Alameda Announces Series of Targeted Budget Cuts and Tax Increases to Balance 2013-14 Budget

Faced with an impending budget deficit of $4.4 million caused by a combination of rising expenditures flat revenues, the City of Alameda has implemented a series of cuts to programs funded by the General fund, as well as minimal increases in certain taxes, to assure a balanced budget for Fiscal Year 2012-13. Before a detailed description of these actions is given, the City of Alameda would like to make clear for all citizens that the proscribed measures are temporary in nature, with the objective being to guide the city through a prolonged recession while assuring financial solvency. With that said, every major department which draws funding from the city's General Fund will absorb budget cuts that are similar to those enacted last year, so that organizational challenges can be anticipated and mitigated effectively.

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The following departments will have their budgets reduced during the upcoming Fiscal Year 2012-13:

Capital Projects -- 25% (approximately $40,000)

Public Works -- 10% (approximately $120,000)

Fire Department -- 5% (approximately $1.126 million)

General Government -- 5% (approximately $400,000)

Police Department -- 2.5% (approximately $700,000)

Recreation and Parks -- 2.5% (approximately $100,000)

Libraries -- 2.5% (approximately $55,000)

The following tax rates will be raised during the upcoming Fiscal Year 2012-13:

Sales Tax -- Increased from 8.75% to 9.00%, ($930,000 raised revenue)

Utility User Tax -- Increased from 7.5% to 8.00% ($900,000 raised revenue)

Transient Occupancy Tax -- Increased from 10% to 12% ($200,000 raised revenue)

While these budgetary decisions were extremely difficult to make, they are vitally necessary to ensuring the future financial prosperity of all City of Alameda residents. Citizens are understandably concerned about the reductions….....

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