Minutes 03/27/2017 - Laserfiche WebLink

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March 27, 2017 City Council Four “”Big Things” City Council also identified “FOUR BIG THINGS” or priorities to coincide with its vision and guiding principles. They are:  Create a City Council Taskforce on Poverty;  Revise & Repeal Form-based Code; and Restore the Zoning code  To be Laser-focus on Education; and  Tell the Portsmouth Story. FY 2018 Budget Overview The FY 2018 Proposed General Fund Budget totals two hundred thirty-nine million, sixty- eight thousand, three hundred and seventy-eight dollars ($239,068,378), $1 million dollars or point 4 percent increase over the FY 2017 budget. The overall proposed budget total is six hundred seventy-three million, eight hundred fifty-five thousand, and ninety dollars ($673,855,090). In addition, I am recommending, NO NEW TAX INCREASE and the realignment of fees and rates to cover increasing service costs and promote efficient service delivery. The proposed FY 2018 budget is structurally balanced with one-time revenues used for one-time expenditures, and recurring revenues used for recurring expenditures. Budget Theme – Review, Reflect, Refocus, & Restore Review, Reflect, Refocus and Our theme for the preparation of the FY2018 budget is Restore: All contributors to the formation of this budget were asked to:  Review – take a formal assessment or examination of all aspects of their budgets  Reflect – think deeply and carefully, about the goals, and formulate cost-effective plans  Refocus – focus (attention and resources) on doing things differently, setting priorities in programs or using different approaches to the delivery of services  Restore– provide new energy to better maximize the city’s resources; aligned with the City Council’s Vision Statement. Education Highlights The future growth of the New Portsmouth is dependent on continuing to build collaborative and strategic partnerships toward an investment in knowledge. As the level of education rises in a community, so does the economic vi-ability and quality of life. “ City Council’s Vision Statement addresses a lifelong learning City which fosters .” education in its broadest sense In the FY 2018 Budget I am proposing a total of $59.4 million for Portsmouth Public Schools. This equates to PPS Local Share Funding $52.4 million dollars and Capital Improvement Program proposed funding $7 million dollars (to fund four new school projects and five existing CIP projects). In addition, Governor McAuliffe is proposing 2% salary increase for Portsmouth Public Schools effective February 15, 2018. Education Highlights – CIP Projects The proposed funding for Portsmouth Public Schools Capital Improvement Program Projects is an increase of $2.5 million over FY 2017. As challenging school maintenance and infrastructure needs continue to be identified, equally important is supporting Portsmouth Public Schools in addressing the aging school facilities and infrastructure as outlined in our proposed Capital Improvement Program. Other key strategic CIP projects for Education are: