2. • How are we managing your city resources?
• What difficulties lie ahead?
• What are strategies to meet these challenges?
• Questions
2

3. Economy improving but budget crisis and risks remain
– State job growth outperforming U.S. since 2010
– Housing market showing signs of recovery
– Budget cuts/ International economy will slow recovery
3

4. Direct impact on Santa Monica resources and plans
– Capital projects in limbo
– Affordable housing funding lost
– Limited funding for infrastructure renewal
4

5. Local economy remains resilient
– Unemployment 8.4%; below state-10.4%, LA County-
10.0%
– Assessed valuation  4.6%
– Apartment and office vacancies among lowest in
region
– Revenue returning to 2007 levels
5

6. • May 2012 projection shows structural deficit in 2014-15
• Uncertainty around pension costs and post RDA revenue
• New projections in January 2013
$340
-$4.6M
$2.4M -$3.6M
$320 $4.3M
1.4%
$300 $7.7M 0.8% 1.1%
1.4% deficit
surplus deficit
$280 surplus
2.8%
$260 surplus
$240
Revenue
$220
Expenditure
$200
Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year
2011-12 2012-13 2013-14 2014-15 2015-16
6

7. Sound management bolsters position
– Economic uncertainty reserve unused
– Contingency reserve  to 15%
– No single revenue source >15%
– Prepayments on retirement costs reduce city rates
– Must budget smarter
7

9. Data driven community policing
– New department leadership
– Year to date rise in violent and property crimes
– New beats, schedules and strategies
9

10. Class 1 rated ISO fire department
– Response times save lives
– Fire Station #1 at 1337-45 7th street
– Exploring partnerships to manage healthcare costs
Steps to regional emergency preparedness
– City and community training
– SM Alerts expands
– New Emergency Operations Center
10

11. National Leading Public Library System
– Among top 1% of Public Libraries in Nation
– Extended hours and branch renovations
– Pico branch library construction underway
– 54% of children and teens in summer reading
program since 2009.
11

12. Youth and Community Wellbeing
– Cradle to Career working group/ initiative
– Youth Wellbeing Report Card
– Early Childhood Education Center
– One of 20 finalists for Mayors Challenge grant
12

13. Human Dignity for all residents
– Street Homelessness is down 34% from 2009
– $7.4 million human service grants invested citywide
– Senior and assisted transit services expand in 2013
13

14. Siemens 2012 Sustainable Community Award
Innovative resource management
– 77% of waste diverted from landfills
– Solar panels on rooftops generate 4% of electricity
– 32 electric vehicle chargers as of early 2013
– Water independence remains top priority
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15. Urban Forest
– More than 34,500 trees in the city
– Canopy holds over 21 million gallons of annual rainfall
– Will have planted 1,902 more trees by December 2012
15

16. Silicon Beach leads in digital government
– City NetSM is a strategic asset and revenue source
– Free Wi-Fi in 30 hot spots and transit corridors
– Government Outreach changes service response
– Traffic synchronization
16

17. Transportation network creates access
– Bicycling fastest growing commute mode
• Bike Action Plan praised by peer institutions
• Largest bike center in Nation
• New 14 bike lane and 13 shared roadway miles
• 4,795 and 4,527 bikes during peak AM and PM traffic
17

18. Transportation network creates access
– Roadways maintained and improved
• 14 resurfaced street miles
• 12 new pervious concrete alleys
• 1,360 potholes and 1,399 street lights repaired
– Nearly 19 million boardings on the Big Blue Bus
• 680,000 more boardings in 2012 compared to 2011
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19. Affordable Housing
– Demise of RDA = loss of primary funding
– Vacancy decontrol continues to  rent controlled units
– 101 units built, 354 underway
– 90% of new units within ¼ mile of transit stop, open
space or grocery store
Private Development guided by LUCE
– Crafting new zoning code
– Area and specific plans
19

20. Projects approved
• 710 Wilshire Hotel
• Colorado Creative Studios
20

21. Projects underway
• Agensys
• The Village
• Samohi Tech Building
• New Roads
• Saint Monica’s
• Downtown mixed-use housing
• Apple Store
21

22. Pending projects
• Village Trailer Park
• Papermate Site
• Miramar Hotel
• Roberts Center
• 4/5th and Arizona
• Bergamot Station
• AMC Cineplex
• Marriot Courtyard/ Hampton Inn
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23. Current Upcoming
• Expo light rail • California incline
• Civic center parks • Colorado esplanade
• Ocean Park Blvd. • Pier bridge
• 20th and Cloverfield • Expo buffer park
• Pico branch library • Pier improvements
• Parking structure #6 • Lincoln resurfacing
• Borderline Neighborhood
23

24. www.smconstructs.org
24

26. Rethink ways to support affordable housing
Community visioning process for the Airport
– Operational changes in 2015
26

27. Pier Visioning Process
Pedestrian and bicycle safety
– Year to date  traffic collisions
Pension/healthcare rates higher FY12-13, 
likely
27

28. Choices
– Stranded redevelopment projects = hard decisions
– Meet infrastructure and core service needs
– Remain responsive to emerging issues
Carefully managed taxpayer dollars
– Innovative and professional public employees
– Enhanced service delivery with current staffing levels
– Seek continuous improvements in all service areas
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