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City Budgets

The 2014 budget includes a significant investment in neighborhoods - particularly those neighborhoods impacted by home foreclosures. The $11.7 million Strong Neighborhoods Investment Plan includes funding for blight prevention and mitigation, repair and resale of the City's housing inventory, and renewal of the urban environment. The adopted budget also enables the hiring of 120 police officers and completes the conversion of 50 federally-funded positions to local funding. The 2014 Budget continues progress on improving core infrastructure and commits funding to the replacement of two neighborhood libraries. This budget includes a property tax levy increase of 1.4%, and the typical residential property owner will have a 1.2% increase to their property tax and municipal service charges, compared with 2013.

The 2014 Budget initiates a sustainable approach to funding City pension obligations. For the next five years, the City will maintain its employer contribution at a steady rate of ~17.3% of covered payroll. In addition, a prepayment strategy that began in 2013 is expected to save $23 million through 2018.

Mayor's 2015 Budget Presentation

Mayor's 2015 Budget Presentation

Mayor’s Public Hearing on the 2015 Budget held on August 19, 2014.

Welcome to the Budget Office

The Budget and Management Division serves as the City's executive budget office. Its responsibilities include development of the annual Executive Budget; implementation of the adopted budget; management analysis of City operations; and development and analysis of fiscal policy and legislative proposals.

Two strategic objectives guide the work of the Budget and Management Division:

  • Ensuring the provision of mission critical city services through annual budgets that limit the impact of tax levy and municipal service charge changes on the typical residential property to 3% or less a year.
  • Managing long term obligations such as infrastructure, borrowing authorizations, and pension benefits in a manner that stabilizes ongoing funding requirements.

The 2008 Global Financial Crisis resulted in considerable challenges to the City's Budget, including substantial reductions to the State Shared Revenue Program.  The Budget Office has implemented a "3 R" strategy of resizing, restructuring, and reinvesting to enable structural budget balance by 2016.

Since 2008, this strategy has improved structural balance in the following ways:

  • 493 FTE positions decline; total annual savings of ~$40 million
  • Employee healthcare benefit costs declined $27.8 million from 2011 (-20%)
  • Wage cost reductions ($21.5 million) since 2009:
      -  $5.7 million of O&M overtime reduction (2010-2014)
      -  $15.8 million of total furlough savings (2010-2014)
  • Workers' compensation avoided costs => reduction of 11,822 lost work days since 2008 ($26.0 million in avoided costs)
  • Major improvements to key infrastructure replacement cycles within a stable level of levy-supported borrowing and a declining tax levy for City debt
  • Annual tax levy growth has averaged 1.8% during the period 2009-2014
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Contact Us

Budget Office
200 E. Wells Street
Room 603
Milwaukee, WI 53202  

414-286-3741

City Budget & Management Director Mark Nicolini  

City Budget &
Management Director

Mark Nicolini

 

Phone: 414-286-5060
Fax: 414-286-5475
Email