Change from FY 16. Total FTE

Transcription

1 FYs 17 & 18 Budget and Supplemental Apprpriatin Update June 16, 2016

2 SFPL Budget Overview FY 16 Budget FY 17 Prpsed Change frm FY 16 FY 18 Prpsed Change frm FY 17 Prpsed Ttal Expenditures (1) $117.1M $126.1M $9M $130.3M $4.2M Ttal FTE Prpsed budget includes all prpsals apprved in February 2016 (2) Key Budget Changes frm February 2016: Additinal LPF Revenues FY 17: $4.8M FY 18: $3.9M Expansin f branch perating hurs Additinal custdial and building and grunds patrl psitins Grwth in the library cllectins Enhancement f departmental training budget Added analytic and public relatins supprt New vcatinal cunselr services Additinal capital imprvement mnies Ntes: (1) Budget data as f May 2016; (2) Please see Attachment I fr February 2016 SFPL budget prpsal by Strategic Pririty fr FY 17 and FY 18; (3) Please see Attachment II fr key budget increases in Mayr s Budget Phase. 1

3 Bard f Supervisrs Budget Negtiatins & Next Steps Bard Analyst s Reductin Prpsals by FY (1) : FY 17: $680,277 FY 18: $664,527 Bard Analyst s Reductin Prpsals Included: Temprary Salaries: $42,521 Training: $6,426 Yuth Prmtin & Entertainment: $5,000 Stipends: $10,580 Equipment: $15,750 Attritin Savings: $600,000 per fiscal year Bard Analyst s Reserves: $1.77M in rental csts pending lease agreement fr 750 Brannan Bard Analyst s Recmmendatins Accepted at May 25, 2016 hearing Next Steps: Budget technical adjustments t align with June 1 budget departments Bard finalizes budget in July Cntrller s Office inputs all Bard changes in July Nte: (1) Please see Attachment III fr details f the Bard Analyst s budget recmmendatins fr FY 17 & FY 18 2

4 SFPL Key Initiatives: Expanded Library Hurs Expand branch library hurs: 15 branches with added hurs: Anza Bayview Bernal Heights Eureka Valley Glen Park Glden Gate Valley Ingleside Missin Bay Nrth Beach Ocean View 85 ttal additinal weekly hurs All branches pen 7 days/week 1,460 new ttal system-wide weekly hurs 249 weekly hurs system-wide abve charter requirement 16.5 FTE additinal staff : 6.0 FTE 3602 Library Page 5.0 FTE 3618 Library Technical Assistant II 3.5 FTE 3630 Librarian I 1.0 FTE 2708 Custdian 1.0 FTE 8207 Buildings and Grunds Patrl Officer Parkside Prtla Ptrer Presidi Visitacin Valley Weekly Hurs f Operatin Cmparisn: Library System Branch Library Avg Weekly Hurs Oakland 35.5 San Jse 47 Seattle 49.5 San Francisc 51.9 (prpsed) Ls Angeles

5 SFPL Key Initiatives: Expanded Library Hurs Nte: Draft additinal hurs prpsal as f May 2016 t begin in calendar year

6 SFPL Key Initiatives: Yuth Services Add 6.5 FTE yuth services librarians: Enhance yuth services in the branches Expand weekly hurs at The Mix Supprt ver 500 yuth in wrkfrce develpment Replace early literacy bkmbile Partner with area museums Target 20,000 yuth participants in summer learning activities 5

7 SFPL Key Initiatives: 21 st Century Cllectins Cllectins budget at 12% f perating budget FY 17 cllectins budget: $13.9M FY 18 cllectins budget: $14.6M 3.6 millin print & multi-media resurces Materials available in mre than 50 languages Cllectins grwth by frmat: ecllectin grwth 30% in FY 17 & 10% in FY 18 Print cllectin grwth 3% per fiscal year 6

8 SFPL Key Initiatives: Digital Inclusin & Technlgy Cnnect 10 mre branches t city fiber Expand mbile wireless lending effrts Redesign SFPL website Invest in digitizatin initiatives Renew library IT infrastructure Spnsr Girls Wh Cde club at The Mix Refresh & expand assistive technlgy Prvide free high-speed bradband 7

9 SFPL Key Initiatives: Capital Assets Expanding neighbrhd services Branch Library Imprvement Prgram return n investment Renvate Ocean View, Missin & Chinatwn branch libraries t address changing cmmunity needs Investing in efficiency & sustainability Partner with the PUC fr Main Library LEED Gld certificatin Invest in an additinal autmated library materials handling system fr branch delivery services Renewing SFPL facilities & systems Renew Main Library & Supprt Services Facility rfs Begin Main Library elevatr renewal prgram Replace HVAC systems at the Supprt Services Facilities & Missin Branch Library Cntinue Main Library seismic jint repair prject 8

10 SFPL Key Initiatives: Advancing Equity Jbs, Career & Wrkfrce Develpment: 32 members f the Bard f Advising Yuth 456 yuth vlunteers fr Summer Squad 45 adults in Career Online High Schl 7,782 tutring hurs fr adult learners 8,313 clients served in wrkfrce prgrams Literacy & Learning: I am prud t be a part f an amazing prgram and t wrk with peple wh want t see me succeed. Prgram Attendance 5,639 Preschl Prgrams 254,631 4,554 Schl Age Prgrams 127,894 10,193 Children s Prgrams 382,525 2,697 Yung Adult Prgrams 24,397 4,052 Adult Prgrams 63,708 9

11 Supplemental Apprpriatin: Lease Revenue Bnds Lease Revenue Bnds Key Details Original Bnd amunt: $34.3M Original Sale Date: March 2009 Bnd Term: 25 years, ending in 2034 Interest rate: 5.384% Estimated remaining principal: $28M Lease Revenue Bnds Refunding Scenaris Reduce principal by apprximately $7.6M frm re-apprpriated mnies and, Refund fr 15 year term Estimated interest rate ranges frm 2.699% t 3.479% Nte: actual debt service savings will depend n market cnditins at time f refunding Original Debt Service Debt Service Timeframe April 2009 June 2034 Refunded Debt at 2.699% April 2009 June 2031 Refunded Debt at 3.479% April 2009 June 2031 Ttal N. f Payments Ttal Remaining Payments $46.18M $29.46M $31.20M Ttal Ptential Savings N/A $16.73M $14.98M 10