City of New Orleans Financial Overview

City of New Orleans Budget Overview Revenue Expenditure (in millions) Operating Budget $620 $460 $620 $460 Capital Budget $ 70 $0.2 $ 70 $0.2 Bd. of Liquidation $58 Unk. $ 57 $58 Slide 2

45 -80%

City Tax Revenue Sales tax $152.5 $21.3 Property tax Utility tax Doc. Trans. tax Other tax TOTAL $260.4 $52.2 Bd of Liquidation $56.0 Unknown

Source 1996 BGR report Property Taxes in New Orleans: Who Pays? Who Doesn’t? And Why?

City Expenditures by Department Operating Expenditures Figures in $millions, rounded % Chg Police % Mayor– Neighborhood Chief Admin Office Fire Mayor Sanitation Health Public Works Finance Operations Only Property Management Law City Council Parks & Parkways Safety & Permits Mayor– Economic Development Recreation Human Services Civil Service Other Totals

$45$27

City Capital Budget (in millions) Revenues Expenditures: Major Components Major & minor streets Parks & Recreation Other Public Facilities City’s Energy Mgmt. Program $70 $