REVENUE ESTIMATING CONFERENCE

REVENUE ESTIMATING CONFERENCE MEMBERS
HON. LaTOYA CANTRELL, MAYOR, CHAIR
HON. JARED BROSSETT, COUNCILMEMBER DISTRICT D
HON. HELENA MORENO, COUNCIL MEMBER AT-LARGE (NON-VOTING REP.)
GILBERT MONTAÑO, CHIEF ADMINISTRATIVE OFFICER
NORMAN WHITE, DIRECTOR, DEPARTMENT OF FINANCE
MARA BAUMGARTEN FORCE, TULANE UNIVERSITY
Presented November 21, 2019

 Revenue Estimating Conference
November 21, 2019
1) Revised 2020 General Fund Revenue Forecast 
2) Adoption of Official Forecast of Total Revenue
3) Data Appendix

2

 1) Revised 2020 General Fund Revenue
Forecast

2020 General Fund Revenue Forecast
($)

2019 
Current
Forecast

2020 
Proposed 
Forecast

2020 
Adjusted 
Forecast

Annual 
Change

Annual 
Growth

1A PROPERTY TAX

150,297,090

164,571,618

167,171,618

16,874,528

11.2%

1B OTHER TAXES

259,291,586

264,292,183

264,292,183

5,000,597

1.3%

2 LICENSES & PERMITS

75,983,504

76,953,722

76,953,722

970,218

1.9%

3 INTERGOVERNMENTAL REVENUE

31,735,000

21,538,551

21,538,551

(10,196,449)

‐32.1%

4 SERVICE CHARGES

98,240,020

98,635,620

98,635,620

395,600

0.4%

5 FINES & FORFEITS

42,232,065

39,232,065

39,232,065

(3,000,000)

‐7.1%

6 MISCELLANEOUS REVENUE

43,874,766

35,772,322

35,772,322

(8,102,444)

‐19.7%

7 OTHER FINANCING SOURCES

14,060,588

20,860,588

22,283,588

8,223,001

58.5%

2020 GENERAL FUND REVENUE

715,714,617

721,856,669

725,879,669

10,165,052

1.4%

NON‐GENERAL FUND REVENUE

(50,323,444)

(30,203,551)

(31,626,551)

18,696,893

‐39.3%

2020 TOTAL REVENUE

665,391,173

691,653,118

694,253,118

28,861,945

4.3%
4

 2020 General Fund Revenue Adjustments
Net Change to Forecast is: $4,023,000

October REC

November REC

Change

Reassessment

6,900,000

9,400,000

2,500,000

New Construction

9,200,000

9,300,000

100,000

(1,800,000)

(1,800,000)

0

Net Ad Valorem Tax

14,300,000

16,900,000

2,600,000

Negotiated Transfer Agreements

4,000,000

5,423,000

1,423,000

Estimated Phase‐In Cost

5

 Use of Fund Balance
($)

2017

2018

2019

2020

Initial Budget

4,900,000

6,662,427

0

6,800,000

Sheriff

5,200,000

Tornado Expenses

1,000,000

Legal Settlement

125,000

NORD Cameras

244,275

0

6,800,000

Low Barrier Shelter Operations

1,328,852

Emergency Drainage

11,950,000

Legal Settlements Carry Forward

5,830,268

Emergency Ordinance

5,155,000

Total

24,748,127 17,647,695

6

 2) Adoption of Official Forecast of Total
Revenue

2020 Official Revenue Forecast
($)

Recurring 
Revenue

Non‐Recurring 
Revenue

2020 Total 
Revenue 
(11/21/19)

1A PROPERTY TAX

167,171,618

167,171,618

1B OTHER TAXES

264,292,183

264,292,183

2 LICENSES & PERMITS

76,953,722

76,953,722

3 INTERGOVERNMENTAL REVENUE

12,135,000

4 SERVICE CHARGES

98,635,620

98,635,620

5 FINES & FORFEITS

39,232,065

39,232,065

6 MISCELLANEOUS REVENUE

35,772,322

35,772,322

9,403,551

21,538,551

7 OTHER FINANCING SOURCES

60,588

22,223,000

22,283,588

2020 GENERAL FUND REVENUE

694,253,118

31,626,551

725,879,669

NON‐GENERAL FUND REVENUE
2020 TOTAL REVENUE

419,356,325
1,145,235,994
8

 3) Data Appendix

General Fund Revenue Forecast
($)
Major
1A PROPERTY TAX

1A PROPERTY TAX Total
1B OTHER TAXES

1B OTHER TAXES Total
2 LICENSES & PERMITS

2 LICENSES & PERMITS Total

Minor
1 REAL/PERSONAL PROPERTY ‐ CURRENT
2 PRIOR YEAR PROPERTY
3 POLICE/FIRE DEDICATED MILLS
4 NORD DEDICATED 1.5 MILLS
5 PARKWAY DEDICATED 1.5 MILLS
6 STREETS DEDICATED 1.9 MILLS
7 INTEREST &  PENALTIES
1 SALES TAX
1.1 MOTOR VEHICLE TAX

Annual 
2020 Current  2020 Proposed  Forecast 
2019 Current 
Growth 
Forecast
Forecast
Change
Forecast
(18‐19)
52,874,517
58,230,442
59,780,442
1,550,000
1.0%
2,038,946
1.0%
2,069,530
2,069,530
0
74,672,884
1.0%
81,858,675
83,808,675
1,950,000
5,244,211
1.0%
5,748,863
5,498,863
‐250,000
5,244,211
1.0%
5,748,863
5,498,863
‐250,000
6,642,730
1.0%
7,281,962
6,881,962
‐400,000
3,579,590
0.0%
3,633,284
3,633,284
0
150,297,089
1.0%
164,571,618
167,171,618
2,600,000
201,746,002
2.5%
205,969,652
205,969,652
0
12,540,745
0.0%
12,654,264
12,654,264
0

Annual 
Change

Annual 
Growth    
(19‐20)
Category/Impact Includes:

6,905,925
30,584
9,135,791
254,652
254,652
239,232
53,694
16,874,529
4,223,650
113,519

13.1%
1.5%
12.2%
4.9%
4.9%
3.6%
1.5%
11.2%
2.1%
0.9%

1.2 HOTEL/MOTEL TAX

21,519,875

2.5%

21,739,875

21,739,875

0

220,000

1.0%

2 BEER & WINE TAX
3 PARKING TAX
4 DOCUMENT TRANSACTION TAX
5 CHAIN STORE TAX
6 OFF TRACK BETTING/RACING TAX
7 UTILITY TAX
8 FAIRGROUND SLOT MACHINE 4% TAX

539,873
5,073,668
3,965,086
162,065
164,388
12,123,616
1,456,270
259,291,586
3,144,807
5,025,462
31,946,052
761,895
1,431,323
11,500,000
2,422,542
6,808,750
7,450,000
2,552,500
813,567
425,717
1,700,889
75,983,504

2.5%
2.5%
2.5%
2.5%
2.5%
2.5%
2.5%
2.4%
5.0%
0.0%
0.0%
0.0%
0.0%
0.9%
2.5%
11.5%
0.2%
‐1.8%
‐5.0%
0.0%
0.0%
1.2%

553,369
5,200,510
3,965,086
162,065
164,388
12,426,706
1,456,270
264,292,183
3,144,807
5,025,462
31,946,052
761,895
1,431,323
11,500,000
2,422,542
6,978,969
7,450,000
2,552,500
813,567
425,717
2,500,889
76,953,722

553,369
5,200,510
3,965,086
162,065
164,388
12,426,706
1,456,270
264,292,183
3,144,807
5,025,462
31,946,052
761,895
1,431,323
11,500,000
2,422,542
6,978,969
7,450,000
2,552,500
813,567
425,717
2,500,889
76,953,722

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

13,497
126,842
0
0
0
303,090
0
5,000,598
0
0
0
0
0
0
0
170,219
0
0
0
0
800,000
970,219

2.5%
2.5%
0.0%
0.0%
0.0%
2.5%
0.0%
1.9%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
2.5%
0.0%
0.0%
0.0%
0.0%
47.0%
1.3%

01 ALCOHOLIC BEVERAGE
02 CABLE TV FRANCHISE
03 ENTERGY  FRANCHISE
04 TELEPHONE FRANCHISE
05 MISCELLANEOUS FRANCHISE
06 OCCUPATIONAL LICENSES
07 SAFETY/ELECTRICAL/MECHANICAL
08 TAXI/TOURGUIDE LICENSES
09 BUILDING PERMITS
10 MOTOR VEHICLE PERMITS
11 STREETS & CURBS
12  MAYORALTY PERMITS
13 OTHER

Reassessment 
Remote Sales; Amnesty
Short Term Rental Sales and 
Program Changes

Rideshare Fees

STR Permits; new event fees

10

 General Fund Revenue Forecast
($)

Major

Minor

3 INTERGOVERNMENTAL REVENUE

3 STATE AID ‐ VIDEO POKER
4 STATE DEPT. OF CORRECTIONS
5 STATE AID‐MEDICAID
6 STATE REVENUE SHARING
7 STATE AID OTHER
8 PARISH TRANSP FUND: ROADS
8 PARISH TRANSP FUND: TRANSIT
3 INTERGOVERNMENTAL REVENUE Total
4 SERVICE CHARGES
1 GENERAL GOVERNMENT
2 PUBLIC SAFETY
3 STREETS PARKING METERS
4 STREETS OTHER
5 SANITATION
7 PARKS AND PARKWAY
7 STATE AID OTHER
8 INDIRECT COSTS
9 OTHER
4 SERVICE CHARGES Total
5 FINES & FORFEITS
1 TRAFFIC/MUNICIPAL COURT
2 RED SIGNAL LIGHT/CAMERA ENFORCEMENT
3 PARKING TICKET COLLECTIONS
6 IMPOUNDED/ABANDONED VEHICLES
5 FINES & FORFEITS Total
6 MISCELLANEOUS REVENUE
1 INTEREST ‐ OPERATING & CAPITAL
2 RENTS & ROYALTIES
3 CONTRIBUTIONS AND OTHER
5 MISCELLANEOUS REIMBURSEMENT
6 MISCELLANEOUS REVENUE Total
7 OTHER FINANCING SOURCES
7 OTHER FINANCING SOURCES Total
Grand Total

2 TRANSFER  FROM OTHER FUNDS
3 FUND BALANCE

Annual 
Annual 
2020 Current  2020 Proposed  Forecast 
Annual 
2019 Current 
Growth    
Growth 
Forecast
Forecast
Change
Change
Forecast
(19‐20)
Category/Impact Includes:
(18‐19)
1,815,000
1,815,000
1,815,000
0
0
0.0%
0.0%
30,000
‐35.9%
30,000
30,000
0
0
0.0%
13,500,000
30.4%
9,403,551
9,403,551
0
‐4,096,449 ‐30.3%
UPL
2,100,000
‐3.7%
2,100,000
2,100,000
0
0
0.0%
10,400,000
395.2%
4,300,000
4,300,000
0
‐6,100,000 ‐58.7% State STR Sales Tax Dedication
2,290,000
‐0.3%
2,290,000
2,290,000
0
0
0.0%
1,600,000
‐12.8%
1,600,000
1,600,000
0
0
0.0%
31,735,000
53.8%
21,538,551
21,538,551
0
‐10,196,449 ‐32.1%
18,853,024
1.5%
19,043,438
19,043,438
0
190,414
1.0%
Collection Fees
24,210,000
11.6%
24,210,000
24,210,000
0
0
0.0%
EMS Fees
10,259,310
‐2.0%
10,464,496
10,464,496
0
205,186
2.0%
2,282,876
‐15.0%
2,282,876
2,282,876
0
0
0.0%
Towing/Booting
40,792,401
20.0%
40,792,401
40,792,401
0
0
0.0%
7,000
0.4%
7,000
7,000
0
0
0.0%
83,500
‐0.1%
83,500
83,500
0
0
0.0%
1,730,409
‐20.0%
1,730,409
1,730,409
0
0
0.0%
21,500
‐0.6%
21,500
21,500
0
0
0.0%
98,240,020
9.5%
98,635,620
98,635,620
0
395,600
0.4%
2,723,863
‐0.4%
2,723,863
2,723,863
0
0
0.0%
Traffic Fines
27,000,000
10.9%
25,000,000
25,000,000
0
‐2,000,000
‐7.4%
Amnesty
12,408,202
0.0%
11,408,202
11,408,202
0
‐1,000,000
‐8.1%
Amnesty
100,000
6.3%
100,000
100,000
0
0
0.0%
42,232,065
6.7%
39,232,065
39,232,065
0
‐3,000,000
‐7.1%
4,500,000
109.0%
5,500,000
5,500,000
0
1,000,000
22.2%
1,000,000
‐4.2%
1,000,000
1,000,000
0
0
0.0%
Casino Support Services 
15,761,000
312.1%
13,872,000
13,872,000
0
‐1,889,000 ‐12.0%
Fund; Harrah's Deal
19,913,766
‐50.8%
15,400,322
15,400,322
0
‐4,513,444 ‐22.7%
Transfer; settlement
41,174,766
‐13.3%
35,772,322
35,772,322
0
‐5,402,444 ‐13.1%
14,060,588
‐0.9%
14,060,588
15,483,588
1,423,000 1,423,000
10.1%
Casino Lease; Transfer
0
‐100.0%
6,800,000
6,800,000
0
6,800,000
‐
14,060,588
‐55.8%
20,860,588
22,283,588
1,423,000 8,223,000
58.5%
713,014,617
0.9%
721,856,669
725,879,669
4,023,000 12,865,052
1.8%

11

 Non‐Recurring General Fund Revenue
($)

2019
Proposed 
Forecast 

2020
Adopted 
Forecast

2020
Proposed 
Forecast 

Oct 2019 REC

Oct 2019 REC

Nov 2019 REC

0

6,800,000

6,800,000

0

Medicaid UPL Ambulance

13,500,000

9,403,551

9,403,551

0

NOBC Transfer

9,400,000

0

0

0

Casino Support Payment & Harrah’s 
Deal

10,000,000

6,000,000

6,000,000

0

Short Term Rental State Dedication

2,810,000

0

0

0

Collection of Fees Owed

4,400,000

0

0

0

French Market Corp Transfers

2,513,444

0

0

0

Amnesty

5,000,000

0

0

0

Legal Settlement

0

4,000,000

4,000,000

0

Negotiated Transfers

0

4,000,000

5,423,000

1,423,000

47,623,444 30,203,551 31,626,551

1,423,000

Fund Balance

Total Non‐Recurring

Forecast
Change

12