A Cosmopolitan Plan For Balancing Budgets
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BALANCING THE GOTHAM CITY BUDGET A BUDGET PLAN OF, BY AND FOR COSMOPOLITANS
Text and Graphics: SOLVEIG WILDER Submitted to: MANNY TIRADO, Professor of Computer Applications for Political Science at the CUNY GRADUATE CENTER FOR WORKER EDUCATION on October 30, 2008
IT SEEMS THERE IS A “2008 GLOBAL ECONOMIC CR ISIS” HIGH OIL PRICES triggered … AN INCREASE IN FOOD PRICES which resulted in … GLOBAL INFATION which triggered … A SUBSTANTIAL CREDIT CRISIS which caused … MAJOR BANKRUPTCIES AND FAILURES which has led to …
STOCK
INCREASED UNEMPLOYMENT AND FORECLOSURES which could culminate in … A GLOBAL RECESSION ! ! !
MARKET
HOUSING
“RIPPLING EFFECTS“ ARE BEING FELT AROUND THE WORLD1 IN EUROPE several major financial institutions have failed or have needed rescuing.
IN ASIA, despite concerted efforts to sufficiently de-couple from the Western financial systems, countries have seen their stock markets suffer and currency values spiral downward.
IN LATIN AMERICA there will be much slower growth than expected as a result of a loss of trade to the US, which absorbs 50% of all Latin American exports.
IN THIRD WORLD NATIONS financial instability coupled with a rise in food prices have resulted in high fuel costs and soaring commodity prices.
1 See GLOBAL ISSUES
I N T H E U N I T E D S T A T E S, T H E D O M I N O E S A R E FALLING ONE RIGHT AFTER THE OTHER 2 THE
DEMISE
OF
LEHMAN
BROTHERS,
a
global
investment bank, triggered...
THE RUSHED SALE OF MERRILL LYNCH, a leading global financial management and advisory company, which forced …
BANK OF AMERICA, the buyer and leading financial institution, to cut thousands of jobs, which necessitated…
AMERICAN INTERNATIONAL GROUP (AIG), a global insurance and financial service, to be taken over by the federal government, which could not stop…
A NATIONWIDE CREDIT CRISIS ! ! !
2 See TIME BUSINESS & TECH
THIS GLOBAL ECONOMIC CRISIS IS HURTING MUNICIPALITIES NATIONWIDE NEW YORK CITY will be hardest hit because Wall Street supplies 9% of its revenues, employs 5% of its workforce, and pays 20% of its wages. MAYOR MICHAEL BLOOMBERG announced on October 3rd that there will be a $2.3 billion dollar budget gap 3. GOVERNOR DAVID PATERSON said later that same day that the crisis on Wall Street will create a budget “emergency” throughout New York State 4.
LOS ANGELES will be hard hit because it is a hub for subprime mortgage lenders. Since 40% of homes now sold are foreclosures, new construction has nearly come to a halt. Unemployment has risen from 5% to 7.9%, and joblessness is up from the statewide average of 7.7% to 9.2% 5.
MAINSTREET MUNICIPALITIES with large percentages of residents working in finance, real estate, insurance, and leasing (i.e., Darien CT, Bloomington IL, and Hoboken NJ) must cope with a sudden big drop in tax revenues6. 3 See BLOOMBERG.COM
5 See DEADLINE USA
4 See NEW YORK POST
6 See YAHOO NEWS!
GOTHAM CITY WILL BE HIT HARD AS WELL BY THE GLOBAL ECONOMIC CRISIS EXPENDITURES/GOTHAM CITY AGENCIES
REVENUE SOURCES/TAXES Property Tax
$ 1,308,050,000
Personal Income Tax
$ 1,466,965,000
General Sales Tax
$
68,850,000
Federal Aid
$
700,000,000
State Aid
$
90,000,000
General Corporations Other Taxes/User Fees
$ 2,921,625,000
TOTAL REVENUES
$ 7,080,490,000
$
525,000,000
General Administration
$
208,760,000
Police
$ 1,590,092,000
Fire
$
848,130,000
Sanitation
$
369,081,000
Corrections
$
559,515,000
Social Services
$
859,213,536
Health
$
329,122,000
Libraries & Museums
$
14,770,000
Transportation
$
516,108,000
Environmental
$
285,607,200
Education
$
860,028,400
Other
$
410,165,820
Debt Services
$ 1,057,212,058
TOTAL EXPENDITURES
$ 7,907,805,014
A PR OJ ECT ED B U DG E T D E FI $827,315,014 CIT O F
DRASTIC STEPS ARE BEING TAKEN IN THE U.S. TO DEAL WITH THE GLOBAL ECONOMIC CRISIS7 To deal with “the gravest economic crisis since the Great Depression,” Congress passed a “rescue package” on October 3, 2008. The Treasury Department will receive $700 billion dollars to dole out: A $200 billion dollar bailout of mortgage lenders Fannie Mae and Freddie Mac; An $85 billion dollar loan to AIG; and A $29 billion to bail out of Bear Stearns. The legislation places "reasonable" limits on severance packages for executives of companies that benefit from the rescue plan. The government will receive stock warrants in return for the bailout relief, giving taxpayers a chance to share in financial companies' future profits. However, there are no guarantees that the tax dollars we invest will be paid back. 7 See THE INDEPENDENT WORLD
DRASTIC STEPS ARE BEING T AKEN IN NEW YORK CITY8 MAYOR MICHAEL BLOOMBERG PLANS TO INCREASE PROPERTY TAXES AND FORCE ALL AGENCIES TO: Cut spending by 2.5% to save $500 million dollars from this year’s fiscal budget; Cut an additional 5% from their budgets during the next fiscal year to save $1 billion dollars.
THESE “ACROSS THE BOARD” CUTS MEAN THAT: The Parks Department will lose $6.7 million; The Department of Homeless Services will lose $7.8 million; The Department of Transportation will lose $11.9 million; The Fire Department will lose $33.8 million; The Department of Education will lose $185 million. 8 See NEW YORK TIMES
GOTHAM CITY COULD BALANCE ITS BUDGET THE NEW YORK CITY WAY EXPENDITURES/GOTHAM CITY AGENCIES WITH 7.5% ACROSS THE BOARD CUTS REVENUE SOURCES/TAXES WITH A PROPERTY TAX INCREASE Property Tax Increase
$ 1,543,499,000
Personal Income Tax
$ 1,466,965,000
General Sales Tax
$
68,850,000
Federal Aid
$
700,000,000
State Aid
$
90,000,000
General Corporations
$ 2,921,625,000
Other Taxes/User Fees
$
TOTAL REVENUES
$ 7,315,939,000
525,000,000
General Administration
$
193,103,000
Police
$ 1,470,835,100
Fire
$
784,520,250
Sanitation
$
341,399,925
Corrections
$
517,551,375
Social Services
$
794,772,521
Health
$ 304,437,850
Libraries & Museums
$
13,662,250
Transportation
$
477,399,900
Environmental
$
264,186,660
Education
$
795,526,270
Other
$
379,403,384
Debt Services
$
977,921,154
TOTAL EXPENDITURES
$ 7,314,719,638
A P R O J E C T E D B U D G E T S U R P $1,2 19,3 LU S O F 62
H O W T A C K Y ! !!
DRASTIC STEPS ARE BEING TAKEN IN CALIFORNIA IN ORDER TO CLOSE A $17.2 BILLION DOLLAR BUDGET GAP, GOVERNOR ARNOLD SCHWARZENEGGER SLASHED GOVERNMENT SALARIES “DRAMATICALLY” AND ORDERED THE FOLLOWING9: The Department of Education budget will be reduced by $4 billion dollars through cuts to cost-of-living increases; Health and Human Services must make 20% cuts across the board; All reimbursement for Medical providers that treat Medi-Cal recipients must be cut by 10%, making it harder for the 6.6 million children, parents, seniors & people with disabilities to get the care they need by reducing access to providers; A change in Medical eligibility rules that will deny coverage to parents earning very low wages (from $11,000 to $18,000/year for a family of three). 9 See US NEWS AND WORLD REPORT
GOTHAM CITY COULD BALANCE ITS BUDGET THE CALIFORNIA WAY EXPENDITURES/GOTHAM CITY AGENCIES WITH 7% SALARY CUTS & 20% CUTS TO SOCIAL SERVICES, HEALTH & EDUCATION REVENUE SOURCES/TAXES
General Administration
$
194,146,800
Property Tax Increase
$ 1,308,050,000
Police
$ 1,478,785,560
Personal Income Tax
$ 1,466,965,000
Fire
$
788,760,900
General Sales Tax
$
68,850,000
Sanitation
$
343,245,330
Federal Aid
$
700,000,000
Corrections
$
520,348,950
State Aid
$
90,000,000
Social Services
$
687,370,829
General Corporations
$ 2,921,625,000
Health
$
240,259,060
Other Taxes/User Fees
$
Libraries & Museums
$
13,736,100
TOTAL REVENUES
$ 7,080,490,000
Transportation
$
479,980,440
Environmental
$
265,614,696
Education
$
627,820,732
Other
$
381,454,213
Debt Services
$ 1,057,212,058
TOTAL EXPENDITURES
$ 7,078,735,668
525,000,000
A P R O J E C T E D B U D G E T S U R P $1,7 54,3 LU S O F 32
HOW GAUCHE !!!
DRASTIC STEPS ARE BEING TAKEN BY MAINSTREET MUNICIPALITIES NATIONWIDE With falling revenue from sales, income and property taxes, cities and towns are laying off tens of thousands of government employees10. Cutting just 1% of government jobs in cities, towns, and states nationwide will result in a job loss of almost 200,000 people, which is much more than the job losses in battered sectors like auto manufacturing or home construction in the past two years. In states, towns and cities not yet laying off people, hiring freezes and early retirement packages are now common. Tennessee state and local officials are cutting 2,000 jobs, or about 5% of the state's government work force; New Jersey state and local officials are cutting 3,000 jobs; Ohio state and local officials are cutting 2,700 jobs; Michigan state and local officials are debating selling the Detroit-Windsor Tunnel to save 1,500 jobs. 10 See CNN MONEY.COM
GOTHAM CITY COULD BALANCE ITS BUDGET THE MAINSTREET WAY EXPENDITURES/GOTHAM CITY AGENCIES
REVENUE SOURCES/TAXES Property Tax
$ 1,308,050,000
Personal Income Tax
$ 1,466,965,000
General Sales Tax
$
68,850,000
Federal Aid
$
700,000,000
State Aid
$
90,000,000
General Corporations Other Taxes/User Fees
$ 2,921,625,000
TOTAL REVENUES
$ 7,080,490,000
$
525,000,000
General Administration
$
208,760,000
Police
$ 1,590,092,000
Fire
$
848,130,000
Sanitation
$
369,081,000
Corrections
$
559,515,000
Social Services
$
859,213,536
Health
$
329,122,000
Libraries & Museums
$
14,770,000
Transportation
$
516,108,000
Environmental
$
285,607,200
Education
$
860,028,400
Other
$
410,165,820
Debt Services
$ 1,057,212,058
TOTAL EXPENDITURES
$ 7,907,805,014
$800,000,000 FOR THE SALE OF THE BROOKLYN BRIDGE11
A P R O J E C T E D B U D G E T S U R P $2 7, 315,0 LU S O F 14 11 See BROOKLYN BRIDGE-HISTORIC OVERVIEW
HOW DÉCLASSÉ!!!
GOTHAM CITY WILL BALANCE ITS BUDGET THE COSMOPOLITAN WAY LET’S PUT ON A SHOW!
LET’S PUT ON A SHOW!
GOTHAM CITY IS ASKING ITS INNOVATIVE CITIZENRY TO LEND A HELPING HAND Experts warn that Special Events can cost more than they make12. However, many of the pitfalls of Special Events do not apply to Gotham City13. Municipalities like Gotham City can make lots of in-kind contributions, including free venues and a wealth of resources; Municipalities can exchange things like college credits and fee waivers in exchange for free labor; Municipalities like Gotham City can exchange free advertisement for in-kind contributions made by private companies; Volunteering with municipalities like Gotham city can provide invaluable networking opportunities and experience. 12 See CHARITY NAVIGATOR 13 See STEP-BY-STEP FUNDRAISING
IF W E O R G A N I Z E 2 7 C I T Y W I D E E V E N T S A N D R A I S E $ 1 0 0 , 0 0 0 P E R E V E N T 14 GOTHAM CITY SPECIAL EVENTS
100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000
DANCE for Gotham
ROCK for Gotham
OPERA for Gotham
JAZZ for Gotham
THEATER for Gotham
FILM for Gotham
COMEDY for Gotham
ART for Gotham
FASHION for Gotham
COOKING for Gotham
BASEBALL for Gotham
FOOTBALL for Gotham
HOCKEY for Gotham
TENNIS for Gotham
14 See SPECIAL EVENTS
SKIING for Gotham
GOLF for Gotham
Citywide RAFFLES for Gotham
Citywide GARAGE SALES for Gotham
FUNDRAISING OVERVIEW
Citywide BAKE SALES for Gotham
GOT 'EM in Gotham AUCTION
GOT HAM/GOT STEAK Dinner Party
Just Throw $100,000 Coins in the Gotham Fountain
100 Dates wth Gotham's FINEST
100 Dates wth Gotham's BRAVEST
QUEER EYE for the GOTHAM GUY Fashion Show
CELEBRITY STRIP POKER for Gotham
& HISTORY
WALK-A-THON for Gotham
AND IF WE DUMP THE ENTIRE GOTHAM CITY OFFICE OF BUDGET & MANAGEMENT $1,057,212,058 FOR “DEBT SERVICES”?!!!
GOTHAM CITY WILL HAVE A BALANCED BUDGET WITH MONEY TO SPARE!!! EXPENDITURES/GOTHAM CITY AGENCIES
REVENUE SOURCES/TAXES Property Tax
$ 1,308,050,000
Personal Income Tax
$ 1,466,965,000
General Sales Tax
$
68,850,000
Federal Aid
$
700,000,000
State Aid
$
90,000,000
General Corporations Other Taxes/User Fees
$ 2,921,625,000 $
525,000,000
Special Events
$
2,700,000
TOTAL REVENUES
$ 7,083,190,000
General Administration
$
208,760,000
Police
$ 1,590,092,000
Fire
$
848,130,000
Sanitation
$
369,081,000
Corrections
$
559,515,000
Social Services
$
859,213,536
Health
$
329,122,000
Libraries & Museums
$
14,770,000
Transportation
$
516,108,000
Environmental
$
285,607,200
Education
$
860,028,400
Other
$
410,165,820
TOTAL EXPENDITURES
$ 6,850,592,956
A P R O J ECT ED BU DG ET S U R P $23,597,044 LU S O F
Text and Graphics: SOLVEIG WILDER Submitted to: MANNY TIRADO, Professor of Computer Applications for Political Science at the CUNY GRADUATE CENTER FOR WORKER EDUCATION on October 30, 2008
IT SEEMS THERE IS A “2008 GLOBAL ECONOMIC CR ISIS” HIGH OIL PRICES triggered … AN INCREASE IN FOOD PRICES which resulted in … GLOBAL INFATION which triggered … A SUBSTANTIAL CREDIT CRISIS which caused … MAJOR BANKRUPTCIES AND FAILURES which has led to …
STOCK
INCREASED UNEMPLOYMENT AND FORECLOSURES which could culminate in … A GLOBAL RECESSION ! ! !
MARKET
HOUSING
“RIPPLING EFFECTS“ ARE BEING FELT AROUND THE WORLD1 IN EUROPE several major financial institutions have failed or have needed rescuing.
IN ASIA, despite concerted efforts to sufficiently de-couple from the Western financial systems, countries have seen their stock markets suffer and currency values spiral downward.
IN LATIN AMERICA there will be much slower growth than expected as a result of a loss of trade to the US, which absorbs 50% of all Latin American exports.
IN THIRD WORLD NATIONS financial instability coupled with a rise in food prices have resulted in high fuel costs and soaring commodity prices.
1 See GLOBAL ISSUES
I N T H E U N I T E D S T A T E S, T H E D O M I N O E S A R E FALLING ONE RIGHT AFTER THE OTHER 2 THE
DEMISE
OF
LEHMAN
BROTHERS,
a
global
investment bank, triggered...
THE RUSHED SALE OF MERRILL LYNCH, a leading global financial management and advisory company, which forced …
BANK OF AMERICA, the buyer and leading financial institution, to cut thousands of jobs, which necessitated…
AMERICAN INTERNATIONAL GROUP (AIG), a global insurance and financial service, to be taken over by the federal government, which could not stop…
A NATIONWIDE CREDIT CRISIS ! ! !
2 See TIME BUSINESS & TECH
THIS GLOBAL ECONOMIC CRISIS IS HURTING MUNICIPALITIES NATIONWIDE NEW YORK CITY will be hardest hit because Wall Street supplies 9% of its revenues, employs 5% of its workforce, and pays 20% of its wages. MAYOR MICHAEL BLOOMBERG announced on October 3rd that there will be a $2.3 billion dollar budget gap 3. GOVERNOR DAVID PATERSON said later that same day that the crisis on Wall Street will create a budget “emergency” throughout New York State 4.
LOS ANGELES will be hard hit because it is a hub for subprime mortgage lenders. Since 40% of homes now sold are foreclosures, new construction has nearly come to a halt. Unemployment has risen from 5% to 7.9%, and joblessness is up from the statewide average of 7.7% to 9.2% 5.
MAINSTREET MUNICIPALITIES with large percentages of residents working in finance, real estate, insurance, and leasing (i.e., Darien CT, Bloomington IL, and Hoboken NJ) must cope with a sudden big drop in tax revenues6. 3 See BLOOMBERG.COM
5 See DEADLINE USA
4 See NEW YORK POST
6 See YAHOO NEWS!
GOTHAM CITY WILL BE HIT HARD AS WELL BY THE GLOBAL ECONOMIC CRISIS EXPENDITURES/GOTHAM CITY AGENCIES
REVENUE SOURCES/TAXES Property Tax
$ 1,308,050,000
Personal Income Tax
$ 1,466,965,000
General Sales Tax
$
68,850,000
Federal Aid
$
700,000,000
State Aid
$
90,000,000
General Corporations Other Taxes/User Fees
$ 2,921,625,000
TOTAL REVENUES
$ 7,080,490,000
$
525,000,000
General Administration
$
208,760,000
Police
$ 1,590,092,000
Fire
$
848,130,000
Sanitation
$
369,081,000
Corrections
$
559,515,000
Social Services
$
859,213,536
Health
$
329,122,000
Libraries & Museums
$
14,770,000
Transportation
$
516,108,000
Environmental
$
285,607,200
Education
$
860,028,400
Other
$
410,165,820
Debt Services
$ 1,057,212,058
TOTAL EXPENDITURES
$ 7,907,805,014
A PR OJ ECT ED B U DG E T D E FI $827,315,014 CIT O F
DRASTIC STEPS ARE BEING TAKEN IN THE U.S. TO DEAL WITH THE GLOBAL ECONOMIC CRISIS7 To deal with “the gravest economic crisis since the Great Depression,” Congress passed a “rescue package” on October 3, 2008. The Treasury Department will receive $700 billion dollars to dole out: A $200 billion dollar bailout of mortgage lenders Fannie Mae and Freddie Mac; An $85 billion dollar loan to AIG; and A $29 billion to bail out of Bear Stearns. The legislation places "reasonable" limits on severance packages for executives of companies that benefit from the rescue plan. The government will receive stock warrants in return for the bailout relief, giving taxpayers a chance to share in financial companies' future profits. However, there are no guarantees that the tax dollars we invest will be paid back. 7 See THE INDEPENDENT WORLD
DRASTIC STEPS ARE BEING T AKEN IN NEW YORK CITY8 MAYOR MICHAEL BLOOMBERG PLANS TO INCREASE PROPERTY TAXES AND FORCE ALL AGENCIES TO: Cut spending by 2.5% to save $500 million dollars from this year’s fiscal budget; Cut an additional 5% from their budgets during the next fiscal year to save $1 billion dollars.
THESE “ACROSS THE BOARD” CUTS MEAN THAT: The Parks Department will lose $6.7 million; The Department of Homeless Services will lose $7.8 million; The Department of Transportation will lose $11.9 million; The Fire Department will lose $33.8 million; The Department of Education will lose $185 million. 8 See NEW YORK TIMES
GOTHAM CITY COULD BALANCE ITS BUDGET THE NEW YORK CITY WAY EXPENDITURES/GOTHAM CITY AGENCIES WITH 7.5% ACROSS THE BOARD CUTS REVENUE SOURCES/TAXES WITH A PROPERTY TAX INCREASE Property Tax Increase
$ 1,543,499,000
Personal Income Tax
$ 1,466,965,000
General Sales Tax
$
68,850,000
Federal Aid
$
700,000,000
State Aid
$
90,000,000
General Corporations
$ 2,921,625,000
Other Taxes/User Fees
$
TOTAL REVENUES
$ 7,315,939,000
525,000,000
General Administration
$
193,103,000
Police
$ 1,470,835,100
Fire
$
784,520,250
Sanitation
$
341,399,925
Corrections
$
517,551,375
Social Services
$
794,772,521
Health
$ 304,437,850
Libraries & Museums
$
13,662,250
Transportation
$
477,399,900
Environmental
$
264,186,660
Education
$
795,526,270
Other
$
379,403,384
Debt Services
$
977,921,154
TOTAL EXPENDITURES
$ 7,314,719,638
A P R O J E C T E D B U D G E T S U R P $1,2 19,3 LU S O F 62
H O W T A C K Y ! !!
DRASTIC STEPS ARE BEING TAKEN IN CALIFORNIA IN ORDER TO CLOSE A $17.2 BILLION DOLLAR BUDGET GAP, GOVERNOR ARNOLD SCHWARZENEGGER SLASHED GOVERNMENT SALARIES “DRAMATICALLY” AND ORDERED THE FOLLOWING9: The Department of Education budget will be reduced by $4 billion dollars through cuts to cost-of-living increases; Health and Human Services must make 20% cuts across the board; All reimbursement for Medical providers that treat Medi-Cal recipients must be cut by 10%, making it harder for the 6.6 million children, parents, seniors & people with disabilities to get the care they need by reducing access to providers; A change in Medical eligibility rules that will deny coverage to parents earning very low wages (from $11,000 to $18,000/year for a family of three). 9 See US NEWS AND WORLD REPORT
GOTHAM CITY COULD BALANCE ITS BUDGET THE CALIFORNIA WAY EXPENDITURES/GOTHAM CITY AGENCIES WITH 7% SALARY CUTS & 20% CUTS TO SOCIAL SERVICES, HEALTH & EDUCATION REVENUE SOURCES/TAXES
General Administration
$
194,146,800
Property Tax Increase
$ 1,308,050,000
Police
$ 1,478,785,560
Personal Income Tax
$ 1,466,965,000
Fire
$
788,760,900
General Sales Tax
$
68,850,000
Sanitation
$
343,245,330
Federal Aid
$
700,000,000
Corrections
$
520,348,950
State Aid
$
90,000,000
Social Services
$
687,370,829
General Corporations
$ 2,921,625,000
Health
$
240,259,060
Other Taxes/User Fees
$
Libraries & Museums
$
13,736,100
TOTAL REVENUES
$ 7,080,490,000
Transportation
$
479,980,440
Environmental
$
265,614,696
Education
$
627,820,732
Other
$
381,454,213
Debt Services
$ 1,057,212,058
TOTAL EXPENDITURES
$ 7,078,735,668
525,000,000
A P R O J E C T E D B U D G E T S U R P $1,7 54,3 LU S O F 32
HOW GAUCHE !!!
DRASTIC STEPS ARE BEING TAKEN BY MAINSTREET MUNICIPALITIES NATIONWIDE With falling revenue from sales, income and property taxes, cities and towns are laying off tens of thousands of government employees10. Cutting just 1% of government jobs in cities, towns, and states nationwide will result in a job loss of almost 200,000 people, which is much more than the job losses in battered sectors like auto manufacturing or home construction in the past two years. In states, towns and cities not yet laying off people, hiring freezes and early retirement packages are now common. Tennessee state and local officials are cutting 2,000 jobs, or about 5% of the state's government work force; New Jersey state and local officials are cutting 3,000 jobs; Ohio state and local officials are cutting 2,700 jobs; Michigan state and local officials are debating selling the Detroit-Windsor Tunnel to save 1,500 jobs. 10 See CNN MONEY.COM
GOTHAM CITY COULD BALANCE ITS BUDGET THE MAINSTREET WAY EXPENDITURES/GOTHAM CITY AGENCIES
REVENUE SOURCES/TAXES Property Tax
$ 1,308,050,000
Personal Income Tax
$ 1,466,965,000
General Sales Tax
$
68,850,000
Federal Aid
$
700,000,000
State Aid
$
90,000,000
General Corporations Other Taxes/User Fees
$ 2,921,625,000
TOTAL REVENUES
$ 7,080,490,000
$
525,000,000
General Administration
$
208,760,000
Police
$ 1,590,092,000
Fire
$
848,130,000
Sanitation
$
369,081,000
Corrections
$
559,515,000
Social Services
$
859,213,536
Health
$
329,122,000
Libraries & Museums
$
14,770,000
Transportation
$
516,108,000
Environmental
$
285,607,200
Education
$
860,028,400
Other
$
410,165,820
Debt Services
$ 1,057,212,058
TOTAL EXPENDITURES
$ 7,907,805,014
$800,000,000 FOR THE SALE OF THE BROOKLYN BRIDGE11
A P R O J E C T E D B U D G E T S U R P $2 7, 315,0 LU S O F 14 11 See BROOKLYN BRIDGE-HISTORIC OVERVIEW
HOW DÉCLASSÉ!!!
GOTHAM CITY WILL BALANCE ITS BUDGET THE COSMOPOLITAN WAY LET’S PUT ON A SHOW!
LET’S PUT ON A SHOW!
GOTHAM CITY IS ASKING ITS INNOVATIVE CITIZENRY TO LEND A HELPING HAND Experts warn that Special Events can cost more than they make12. However, many of the pitfalls of Special Events do not apply to Gotham City13. Municipalities like Gotham City can make lots of in-kind contributions, including free venues and a wealth of resources; Municipalities can exchange things like college credits and fee waivers in exchange for free labor; Municipalities like Gotham City can exchange free advertisement for in-kind contributions made by private companies; Volunteering with municipalities like Gotham city can provide invaluable networking opportunities and experience. 12 See CHARITY NAVIGATOR 13 See STEP-BY-STEP FUNDRAISING
IF W E O R G A N I Z E 2 7 C I T Y W I D E E V E N T S A N D R A I S E $ 1 0 0 , 0 0 0 P E R E V E N T 14 GOTHAM CITY SPECIAL EVENTS
100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000
DANCE for Gotham
ROCK for Gotham
OPERA for Gotham
JAZZ for Gotham
THEATER for Gotham
FILM for Gotham
COMEDY for Gotham
ART for Gotham
FASHION for Gotham
COOKING for Gotham
BASEBALL for Gotham
FOOTBALL for Gotham
HOCKEY for Gotham
TENNIS for Gotham
14 See SPECIAL EVENTS
SKIING for Gotham
GOLF for Gotham
Citywide RAFFLES for Gotham
Citywide GARAGE SALES for Gotham
FUNDRAISING OVERVIEW
Citywide BAKE SALES for Gotham
GOT 'EM in Gotham AUCTION
GOT HAM/GOT STEAK Dinner Party
Just Throw $100,000 Coins in the Gotham Fountain
100 Dates wth Gotham's FINEST
100 Dates wth Gotham's BRAVEST
QUEER EYE for the GOTHAM GUY Fashion Show
CELEBRITY STRIP POKER for Gotham
& HISTORY
WALK-A-THON for Gotham
AND IF WE DUMP THE ENTIRE GOTHAM CITY OFFICE OF BUDGET & MANAGEMENT $1,057,212,058 FOR “DEBT SERVICES”?!!!
GOTHAM CITY WILL HAVE A BALANCED BUDGET WITH MONEY TO SPARE!!! EXPENDITURES/GOTHAM CITY AGENCIES
REVENUE SOURCES/TAXES Property Tax
$ 1,308,050,000
Personal Income Tax
$ 1,466,965,000
General Sales Tax
$
68,850,000
Federal Aid
$
700,000,000
State Aid
$
90,000,000
General Corporations Other Taxes/User Fees
$ 2,921,625,000 $
525,000,000
Special Events
$
2,700,000
TOTAL REVENUES
$ 7,083,190,000
General Administration
$
208,760,000
Police
$ 1,590,092,000
Fire
$
848,130,000
Sanitation
$
369,081,000
Corrections
$
559,515,000
Social Services
$
859,213,536
Health
$
329,122,000
Libraries & Museums
$
14,770,000
Transportation
$
516,108,000
Environmental
$
285,607,200
Education
$
860,028,400
Other
$
410,165,820
TOTAL EXPENDITURES
$ 6,850,592,956
A P R O J ECT ED BU DG ET S U R P $23,597,044 LU S O F
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