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John came to Shreveport in January of 1977 when he was transferred to Barksdale AFB.

He’s been active in Shreveport politics since deciding to make Shreveport his home.

John practiced law for 40 years and he now monitors local politics. He regularly attends Shreveport City Council and Caddo Parish Commission meetings.

John is published weekly in The Inquisitor, bi-monthly in The Forum News, and frequently in the Shreveport Times.

He enjoys addressing civic groups on local government issues and elections.

 

GREAT NEWS: PERKINS INTRODUCES 2020 BALANCED BUDGET

It’s about time. Actually its long overdue. This being a budget for the city of Shreveport that does NOT raid operating reserves to make ends meet. In other words, projected income and expenses that actually match up.

At the beginning of 2009, Shreveport had reserve funds of approximately $13 million dollars.

The recently completed audit shows a negative unallocated fund balance of $1.2 million dollars.

Shreveport mayor Adrian Perkins promised fiscal responsibility in his campaign last year. His administration started with a budget adopted under Mayor Ollie Tyler.

Mayor Perkins introduced his budget ordinances to the Shreveport city council on Tuesday.

The 2020 General Fund budget of $209.493,400 is a 6% DECREASE from the 2019 adopted budget.

The projected revenues of $210,274,400 are a 2% decrease from the 2019 adopted budget. General fund revenue shows a 1% increase compared to the 2019 budget of $121.5 million. This is primarily due to an increase in sales taxes and EMS revenue collections.

Sales tax collections that account for 59% of total general fund revenue are projected to end the year at $123 million. This is a 1% increase compared to the 2019 budget of $121.5 million. 2020 sales taxes are budgeted conservatively at $123.8 million.

Projected expenditures of $208,406,500 are a 5% DECREASE from the 2019 budget.

Within the budget, the departments initiated more cuts to absorb increases in retirement contributions.

The budget includes additional match funds to receive the additional EMS revenue. The budget also includes additional funding to the Police Department.

And the great news is that the projected operating reserves will be $1,086,900.

At Tuesday’s council meeting a total of twenty one budget ordinances were introduced. These included the general fund, airport enterprise fund, Shreveport Caddo Metropolitan Planning Commission, SporTran, riverfront development fund, downtown entertainment enterprise special revenue fund, Downtown Development Authority, capital projects fund, Shreveport Redevelopment Agency special revenue fund, community development special revenue fund, grants special revenue fund, downtown parking enterprise fund, golf enterprise fund, water and sewerage fund, retained risk fund, convention center enterprise fund, convention center hotel enterprise fund, debt service fund, solid waster enterprise fund, and grants special revenue fund.

The Shreveport charter requires that the 2020 budgets must be adopted by Dec. 15. There will be special council meetings to review the proposed budgets.

It is expected that the council will amend the proposed budget to trim more expenditures and to increase the anticipated operating reserve.

 

 

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