Baltimore City Council
File #: 10-0221R    Version: 0 Name: Informational Hearing - Revenue Enhancement Measures
Type: City Council Resolution Status: Failed - End of Term
File created: 8/9/2010 In control: City Council
On agenda: Final action:
Enactment #:
Title: Informational Hearing - Revenue Enhancement Measures FOR the purpose of requesting the Director of Finance and the Chief, Bureau of Budget and Management Research to develop a mechanism for periodic review of revenue enhancement measures adopted to address Fiscal Year 2011 budgetary shortfalls to determine the rate of return and performance when compared to traditional revenue streams.
Sponsors: Helen L. Holton, Rochelle Spector, Carl Stokes, James B. Kraft, William H. Cole, IV, Bill Henry, Belinda Conaway, Edward Reisinger, Agnes Welch, Mary Pat Clarke, Nicholas C. D'Adamo, Sharon Green Middleton, Robert Curran, President Young
Indexes: Resolution, Revenue
Attachments: 1. 10-0221R - 1st Readert.pdf, 2. Finance - 10-0221R.pdf
* WARNING: THIS IS AN UNOFFICIAL, INTRODUCTORY COPY OF THE BILL.
THE OFFICIAL COPY CONSIDERED BY THE CITY COUNCIL IS THE FIRST READER COPY.
      INTRODUCTORY*
 
      CITY OF BALTIMORE
      COUNCIL BILL           R
      (Resolution)
                                                                                                                                                           
Introduced by: Councilmember Holton
                                                                                                                                                            
      A RESOLUTION ENTITLED
 
A COUNCIL RESOLUTION concerning
title
Informational Hearing - Revenue Enhancement Measures
 
FOR the purpose of requesting the Director of Finance and the Chief, Bureau of Budget and Management Research to develop a mechanism for periodic review of revenue enhancement measures adopted to address Fiscal Year 2011 budgetary shortfalls to determine the rate of return and performance when compared to traditional revenue streams.
body
      Recitals
 
    The overview of the Fiscal 2011 Preliminary Budget Plan states that "the number that defines Baltimore's budget challenge for Fiscal 2011 is $121 million. That is the gap between the cost of maintaining the current level of City services and the amount of revenue the City expects to take in. The $121 million gap is equivalent to the cost of half of the City's police force, the entire firefighter force, or the combined Health, Housing, Recreation and Parks, and Library budgets."
     
      The Mayor's Press release of March 24, 2010 warned that "without additional revenue, the  City faces the prospect of closing seven fire companies, laying off sworn police officers, grounding police helicopters, shuttering dozens of recreation centers and swimming pools, slashing street repair and resurfacing, and abolishing 941 positions, 606 of them currently filled according to the Preliminary Budget Plan."
 
      Challenged with an unprecedented $121 million deficit, the prospect of laying off a demoralizing number of City employees, and a cutback, or canceling, of many services to the citizens of Baltimore, the City Council and Administration labored collaboratively to adopt a number of revenue enhancement measures projected by budget analysts to generate approximately $48.08 million in addition revenues:
 
    
 
Ordinance/Bill Number           Description     Additional Revenue
          (In Millions)
Ord. 10-0294 (CC 468)  Income Tax  Increased from    3.05% to 3.20%.               $5.91 Ord. 10-0299 (CC 467) Hotel Tax Rate Increased         from 7.5% to 9.5%.               $3.14 Ord. 10-0300 (CC 470) Energy Tax Increase 15% for  all except non-profits. Non-profits are charged 8% of bill, up from 6%.               $6.98 Ord. 10-0301 (CC 471) Parking Tax Increased         from16% to 20% of parking     charge.                $5.08 Ord. 10-0302 (CC 472) Increased parking fines by        various amounts.                 $3.17 Ord. 10-0303 (CC 473) Telecommunications Tax increased per line charge from $3.50 to $4.00 per month.                  $3.74
 
Ord 10-0337 (CC 290) Simulated Slot Machines Tax eliminated admissions and amusement tax and levied a sliding scale excise tax.                  $1.91 Ord. 10-0339 (CC 469)  Property Tax Discount Savings period reduced to 0.5% in July only.                  $2.50 Ord 10-0340 (CC 489) Civil Citation Fines Increased   by various amounts.                  $0.17 Ord. 10-0342 (CC 516) Residential Vacant Property structure fee increased by $100 and Commercial vacant structures by $250.                   $1.28 Ord. 10-0343 (CC 474) Beverage Container Tax of $.02 on all beverage containers under 2 liters, excluding milk and juice.                    $5.70 Board of Estimates Payment in Lieu of Property tax made by universities and hospitals.                    $5.40 Board of Estimates Parking Meters Increased $1.00 to $2.00 in high usage areas.                    $3.10  Total                   $48.08
     
       Periodic review of these revenue enhancement measures is essential to determine if they are meeting, exceeding, or falling short of revenue generating expectations. The reviews will provide guidance as to effective budgetary  intervention practices for future years when the City faces extraordinary fiscal shortfalls.
 
 
      NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF BALTIMORE, That the Director of Finance and the Chief, Bureau of Budget and Management Research are requested to develop a mechanism for periodic review of revenue enhancement measures adopted to address Fiscal Year 2011 budgetary shortfalls to determine the rate of return and performance when compared to traditional revenue streams
 
     AND BE IT FURTHER RESOLVED, That a copy of this Resolution be sent to the Mayor, the Director of Finance, the Chief, Bureau of Budget and Management Research, and the Mayor's Legislative Liaison to the City Council.
 
 
      
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
dlr 10-2129~intro/05Aug10
ccres/Revenues/nf
 
 
dlr 10-2129~intro/05Aug10
??3??
ccres/Revenues/nf