From the prison riots that began before i took the state loads of opposite office, to historic flooding, to the easter tornadoes, to the covid19, to the historic protests, and the fact that on day six of hurricane season, we had our third named storm hit the mississippi gulf coast. It has been a very challenging time in our state. Im very pleased to be able to announce today that some of the best news weve had on the economic front over the last several months can be announced. That is that the back to Business Grant program will be live tomorrow at new. Noon. We need to always remember that this pandemic was not just a Public Health emergency. It plunged our country into the greatest job loss since the great depression. The economic damage and the human cost of this has been incalculable. We need to do everything in our power to take care of our neighbors in these challenging times. We need to do everything in our power to take care of our Small Business owners. Just to remind everyon
Something about how the changes in the board has approached the budget itself in terms of the addbacks over time. This is showing you the number of addbacks, meaning individual line items in the boards restoration package at the end of the day, backed by year back over time. Its also showing you in the cross hatch bars here, the number of addbacks that are under 50. You can see a remarkable increase in the number of addbacks that the board has allocate through the budget process over time. As high as consistently over 200, as high as 250 different line items in recent years, compared to historical norms in a prior period of under 100. What this means is the allocations that the board is making are increasingly narrow and specific. You see the number of small addbacks increasing. I think this tells us something about how and the question it raises for me is how the board wants to balance what youre trying to do with the allocation process itself. Are you trying to allocate money for dif
Review. We reviewed major trends, particularly in the general fund over the past five years. Our source document for this analysis was the citys comprehensive annual financial report. Because the most recent Financial Statement is dated as of june 30th, 2016, the review period is from 11 12 to 15 16. Since fiscal year 1112, revenues have increased from 3 billion to 5. 8 billion and expenditures have increased from 3. 1 billion to 4. 3 billion. We found these actual operating results have been more favorable than projections. I apologize for this chart. Some of the key got cut off. So the blue bars show budgeted revenues, and the red bars show budgeted expenditures. The green lines show actual revenues, and the purple lines show actual expenditures. What this table shows you is actual Fund Revenues have exceeded general Fund Revenues in each of the five years, and actual general Fund Expenditures were lower than budgeted general Fund Expenditures in each of the five years. So this surpl
Our source document for this analysis was the citys comprehensive annual financial report. Because the most recent Financial Statement is dated as of june 30th, 2016, the review period is from 11 12 to 15 16. Since fiscal year 1112, revenues have increased from 3 billion to 5. 8 billion and expenditures have increased from 3. 1 billion to 4. 3 billion. We found these actual operating results have been more favorable than projections. I apologize for this chart. Some of the key got cut off. So the blue bars show budgeted revenues, and the red bars show budgeted expenditures. The green lines show actual revenues, and the purple lines show actual expenditures. What this table shows you is actual Fund Revenues have exceeded general Fund Revenues in each of the five years, and actual general Fund Expenditures were lower than budgeted general Fund Expenditures in each of the five years. So this surplus year to year has provided a boost to the citys reserves. Since the school year 1112, the f
Review. We reviewed major trends, particularly in the general fund over the past five years. Our source document for this analysis was the citys comprehensive annual financial report. Because the most recent Financial Statement is dated as of june 30th, 2016, the review period is from 11 12 to 15 16. Since fiscal year 1112, revenues have increased from 3 billion to 5. 8 billion and expenditures have increased from 3. 1 billion to 4. 3 billion. We found these actual operating results have been more favorable than projections. I apologize for this chart. Some of the key got cut off. So the blue bars show budgeted revenues, and the red bars show budgeted expenditures. The green lines show actual revenues, and the purple lines show actual expenditures. What this table shows you is actual Fund Revenues have exceeded general Fund Revenues in each of the five years, and actual general Fund Expenditures were lower than budgeted general Fund Expenditures in each of the five years. So this surpl