CAO - LA City Clerkclkrep.lacity.org/onlinedocs/2010/10-1250_misc_08-03-2010.pdfAug 03, 2010 ·...

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CAO FISCAL AND PROGRAM ANALYSIS SINCE MCMU

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$350.0

$300.0

$250.0

$200.0

$150.0

$100.0

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2.67%

$50.0 $27.6 ---.... $-

2001-02 2002-03

Sources: 2010-11 Proposed Budget Segal Actuarial Valuation as of June 30, 2009


3.75%

2003-04

CITY CONTRIBUTIONS TO LACERS AS A% OF GENERAL FUND

10.71% 10.06% 8.94%

8.02% r---n 8.53% r---

f----- -------1 f-----1 f-----

8.69%

6.47%

2004-05 2005-06 2006-07

Fiscal Year

I• Pension D Health I

$108.9

2007-08

$95.1

$93.8 1---. .---

2008-09 2009-10 2010-11

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$800.0

$700.0

$600.0

11.85%

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$200.0

$100.0

$-

2011-12

Sources: 2010-11 Proposed Budget

ILLUSTRATION OF FUTURE CONTRIBUTIONS TO LACERS AS A% OF GENERAL FUND

17.16%

15.86%

$172.5

13.83% $159.6

$143.4

2012-13 2013-14 2014-15

Fiscal Year

Segal Five Year Projection of Contributions, May 25, 2010 I• Pension D Health I


7.20%

$178.8

2015-16

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CAO FISCAL AND PROGRAM 2 ANALYSIS SINCE MCMU

$450.0

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$300.0

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$100.0

$50.0

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3.70%

2001-02

Sources: 2010-11 Proposed Budget

3.35%

2002-03

Segal Actuarial Valuation as of June 30, 2009


CITY CONTRIBUTIONS TO FIRE & POLICE PENSIONS AS A% OF GENERAL FUND

8.61%

n 7.63%

n

5.12%

4.23%

2003-04 2004-05 2005-06 2006-07 2007-08

Fiscal Year

I• Pension o Health I

8.67%

7.54% 8.00%

2008-09 2009-10 2010-11

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ILLUSTRATION OF FUTURE CONTRIBUTIONS TO FIRE & POLICE PENSIONS AS A% OF GENERAL FUND

$1,000.0

$900.0

$800.0

$700.0

$600.0

11.88%

$500.0

$129.8

$400.0

$300.0

$200.0

$100.0

$-

2011-12

Sources: 2010-11 Proposed Budget Segal Five Year Projection of Contributions, May 25, 2010


14.07%

$138.0

2012-13

16.53%

$147.4

2013-14

Fiscal Year

I• Pension o Health I

18.17%

$155.8

2014-15

19.69%

$164.2

2015-16

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DWP CONTRIBUTIONS TO WATER AND POWER RETIREMENT PLAN

$500.0

$400.0

$300.0

2001-02 2002-03 2003-04 2004-05

* Includes retirement, disability & death benefit funds ** Retiree Health date of inception on December 15, 2006 *** Projected; Does not reflect health, disability & death benefit funds


2005-06 2006-07 2007-08 2008-09 2009-1 0* 2010-11

Fiscal Year

I• Pension 0 Health I Sources: DWP Summary Annual Reports, 2002- 2009

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ILLUSTRATION OF FUTURE DWP CONTRIBUTIONS TO WATER AND POWER RETIREMENT PLAN*

$400.0

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$200.0

2011-12 2012-13 * Projected; Does not reflect contributions to retirement, disability & death

benefit funds Source: Segal Projection of Retirement Plan Annual Required Contribution,

May 28,2010


2013-14

Fiscal Year

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CITY & DWP CONTRIBUTIONS HISTORY

$1,600

$1,400

$1,200

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$400

$200

$-2001-02 2002-03 2003-04

II FPP $103.4 $98.4 $136.1

aJDWP $35.0 $48.5 $64.4

$60.1 $78.4 $120.8

* DWP: Does not reflect retirement, disability & death benefit funds ** DWP: Retiree Health date of inception on December 15, 2006


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2004-05 2005-06 2006-07** 2007-08

$167.3 $175.3 $280.0 $339.8

$84.5 $110.8 $784.0 $318.3

$211.5 $304.0 $393.0 $397.2

Fiscal Year

2008-09 2009-1 0* 2010-11*

$326.9 $355.0 $395.0

$325.9 $210.3 $325.7

$369.9 $356.0 $407.0

CITY & DWP FUTURE CONTRIBUTIONS ILLUSTRATION*

$2,500

$2,000

Ill $1,500

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$1,000

$500

$-2011-12 2012-13

Ill Fire and Police Pensions $515.3 $614.0

lllDWP $454.3

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*Projected ** DWP: Does not include projected payments to Retiree Health, Disability & Death Benefit Funds


2013-14 2014-15

$741.0 $837.2

$499.0 $505.5

$71 1.0

Fiscal Year

2015-16

$934.7

$512.3

$816.1

CITY & DWP CONTRIBUTIONS AS A% OF TOTAL CITY BUDGET

$1,600.0

$1,400.0

$1,200.0

$1,000.0

Ill s:: ~

$800.0 liE .5 ~

$600.0

$400.0

1.73% 2.15%

$200.0

$-

2001-02 2002-03 2003-04

Sources: Segal Actuarial Valuations, June 30, 2009; DWP Summary Annual Reports, 2002- 2009; Proposed Budgets 2001-2010


3.95%

2004-05 2005-06

Fiscal Year

\Iii Contribution \

10.09%

6.71% 5.92%

2006-07 2007-08 2008-09 2009-10

* Includes DWP retirement, disability & death benefit funds ** DWP Retiree Health date of inception on December 15, 2006 *** Projected for DWP; Does not reflect DWP health, disability & death benefit funds

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Positions

40,000

35,000

30,000

25,000

20,000

15,000

10,000

AUTHORIZED CITY STAFFING Not including Proprietary Departments

r---------------------------------------------------------------------~

35,234 35,657 35,752 35,415 35,934 36,667 37,173 36,971

35,864 34,181

32,802

00-01 01-02 02-03 03-04 04-05 05-06 06-07 07-08 08-09 09-10 10-11

Fiscal Years I DAII Others IIIII Police

Note: Beginning in 2006-07, all Commission positions are no longer included in departments' regular position authority totaL Prior-year totals and All Others totals have been adjusted to reflect this change.

The 2009-10 Adopted Budget included 1 ,528 resolution (temporary) authorities in addition to Authorized City Staffing counts. The 2010-11 Proposed Budget includes 1,289 resolution authorities in addition to Authorized City Staffing counts.

CAO FISCAL AND PROGRAM ANALYSIS SINCE MCMLI Source: Proposed Budget 2010-11


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CAO - LA City Clerkclkrep.lacity.org/onlinedocs/2010/10-1250_misc_08-03-2010.pdfAug 03, 2010 ·...

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Transcript of CAO - LA City Clerkclkrep.lacity.org/onlinedocs/2010/10-1250_misc_08-03-2010.pdfAug 03, 2010 ·...