Memorandum CITY OF DALLAS June 17, 2003 Honorable Mayor and Members ofthe City Council Proposed Cost Savings/Revenue Enhancements and other Budget, Recommendations - Total $21, 706,00.00 During the pest eight years of budget deliberations, and this being my last, | have identified many opportunities. to reduce costs’ or enhance revenue while ‘maintaining key City services. City management has taken the initiative to implement many of these proposals, whichis very much appreciated. In addition, | have identified in the past, opportunities that if adapted could possibly lead te reduced taxes for fiscal year 2009/2010. While most of these proposals can be implemented now, others will require ‘additional study and may be viable for future budget periods, One opportunity is the example set by the city of Chicago, linois, which just privatized their parking meters for a savings of approximately $33,500 per meter uplront to the Cty of Chicago. This privatization has brought in over one bilion two hundred fity thousand dolars to Chicago, but not without headaches that are currently being adaressed and corrected. We have approximately 4,300 parking meters that, at that ratio, would bring the Cty of Dallas approximately $144 milion, plus not having to mantain a staf forthe billng of these fines. We certainly do not have the downtown population that the city of Chicago has, but tis is one example of thinking outside the box, and of course, we always have to proceed with caution. Given the curent state of the economy, and not having tomorrow's newspapers in knowing how long this wil last, now is the time to make the City of Dallas more ‘fficient while stil maintaining key city services. | want to thank all of you for taking the tine to read and review these suggestions, and wish you the best of luck and good wishes as you continue to work to serve the citizens of Dallas in spendingither tax dears wisely u Kava Mitchell Rasahsky Cuuncinenter Attachment Mary Suhm, City Manager Datlas, The Cty That Works: Diverse, Vibrant and Progress“OTNTORST OU TH ssinijpusck 0 076 00 BF pn e peu ‘o00'0088 wouidorened 21104003 J0 20110, __o00'0058 | __deu adojanu Suma oun sopun asnionpy ‘adojonuo Bune au0 ot ss9:ppe o00'szas | owes “sunoane soworsno owes auIawOD Ee ooo'stes poled J0PH00 ON ANIL 20 ‘sou ‘ye '9p09 ‘Bupyed ‘sou uno FedRIMYY (000'00s8 | ran ssed sseop wom paspun es0n0S vonna s'4s puns fovabiew vom 045; ung fovaBunvog remespyym eed ~ vom 525 6002 ‘Le yovew Bu siueunuog ‘waUeauRyug enUERDy y sye09 | sBunes 1809 porewnsg, er) s00e 41 our 0100-6008 Aa vondiosea | squaweoueyua anuanay pue sbunes 1809 10} se0p} ‘AysUeseD 94>} sqWAHY FOUNDwowsoueyua enuaroy 9 SID 000'902'128, /SOuneg 1509 porewiiss| TWLOL ‘sejoussedsuen J0} young Ail 01 at409 "y86pnq posoxe siaofeid Gunso y “Jones 1G9p 0} Aide ue seausjed Buluewas Jo) sioeloud payeduioa aienfens wowwuns 990'9928 qwawaoueyug anuanoy B squauuuog | sieog / Suing 1209 parewnes (2102 26ed) Shy eae