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Pleasanton General Plan Fiscal Impact Analysis <br /> Final Report 01/16/14 <br /> General Fund Budgetary Trends <br /> Pleasanton has enjoyed a diversified economic base with historically strong fiscal performance <br /> and has adopted measures to balance short-term shortfalls when necessary. While Pleasanton <br /> has not been as strongly affected by the recent economic downturn as many other cities, the <br /> budgetary impact of the Great Recession was evident. <br /> General Fund Revenues <br /> The General Fund is the largest fund in the City and makes up nearly half of the City's financial <br /> operations, as shown in Figure 1. It experienced revenue declines following 2008 for the first <br /> time during the last 20 years. Although some level of recovery has taken place since 2010, <br /> revenues have still not rebounded to the pre-2008 level, as shown in Figure 2. Despite effective <br /> cost management that resulted in cost cutting after 2008, the City's fiscal surplus has been <br /> significantly reduced relative to the historic performance over the last 20 years. Cost reductions <br /> reflect recently implemented measures such as no salary increases and future pension cost <br /> increases offset by the pickup by employees of the employer-paid member contributions. <br /> Figure 1 Pleasanton Revenue Distribution by Fund (FY2012-13) <br /> 16% 1% <br /> 46% <br /> 21% <br /> 18% <br /> I â– General Fund â– Enterprise Fund Dinternal Service CI Special Revenue ®Debt Service and Trust <br /> Economic&Planning Systems, Inc. 7 P:\121000\121062Pleasanton\Report\121062Report_FINAL.doc <br />