Beruflich Dokumente
Kultur Dokumente
Why do we vision?
Imagine the future
Initiate a collective discussion Identify the challenges and opportunities
Goals:
Understand and imagine the look, feel and flow of a future Louisville Inspire a broad ranging, open, creative process to inspire big ideas authentic to Louisvilles culture, inspired by and aware of its assets and challenges
Ingredients
Louisvilles historical legacy Best practices across a series of
urban issues
Case studies in other urban transformations Current project and area planning in the city
Schedule
July November 2012
Research & Discovery, Outreach, Developing Visions/Themes
Oklahoma City, OK
Bricktown Canal
(Before and After)
Jacksonville, FL
Jacksonville Equestrian Center New Jacksonville Main Library
Denver, CO
St. Paul, MN
Stewardship
Build taxpayer trust
Open Checkbook LouieStat Peer city benchmarking Government efficiencies
CONCLUSION: No new net revenue growth for the last five years.
CONCLUSION: The three major components of employee compensation have all cumulatively outpaced General Fund revenue growth since merger
6-year annual pro-forma (in millions) of major revenue and expense categories
6-Year Pro-forma in Millions
Revenue Growth Expense Growth Difference
40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0 FY14 FY15 FY16 FY17 FY18 FY19 Revenue Growth Expense Growth
CONCLUSION: The gap between the recurring revenues and recurring expenses is the structural deficit we must solve together.
Capital investment for our quality of place will NOT be coming from the citys General Fund. We need options!
How much tax revenue could be generated with this funding tool?
In 2011, a 1% local option sales tax would have raised about $90 million in new revenue for Louisville, based
1. Educate and inform public and policymakers local and statewide 2. Engage citizens in the dialogue
3. Build consensus 4. Establish trust and feedback loop with policymakers
Localities choose collection of projects, amount of tax (up to 1%) and for how long?
Local legislative body puts on the ballot.
In 2012, 68% of ballot initiatives on dedicated infrastructure projects nationwide were approved with 63% of the vote.
Improved Transportation