Fort Walton Beach — Fiscal Year 2021-22 Adopted Budget — reading text

2020-21 2021-22 % 2017-18 2018-19 2019-20 Adopted Adopted Change 60,586 135,313 174,691 147,839 1900-331-5027 Annual Entitlement Grant 168,866 14.22% - - - 285,687 1900-331-5028 CARES Act - -100.00% $ 60,586 $ 135,313 $ 174,691 $ 433,526 Total Federal Grants $ 168,866 -85.78% $ 60,586 $ 135,313 $ 174,691 $ 433,526 TOTAL INTERGOVERNMENTAL REVENUE $ 168,866 -61.05% $ - $ - $ - $ - Total Other Revenues $ - 0.00% $ - $ - $ - $ - TOTAL INTEREST & OTHER REVENUES $ - 0.00% - - - - 1600-389-9200 Appropriation from Fund Balance - 0.00% $ - $ - $ - $ - Total Non-Operating Sources $ - 0.00% $ - $ - $ - $ - TOTAL TRANSFERS IN $ - 0.00% $ 60,586 $ 135,313 $ 174,691 $ 433,526 TOTAL FUND REVENUES $ 168,866 -61.05% 107 - CDBG 9/27/2021 1:25 PM 121  107 COMMUNITY DEVELOPMENT BLOCK GRANT FUND Actual Budget 2020-21 2021-22 % 2017-18 2018-19 2019-20 Adopted Adopted Change Personal Services: 23,961 27,623 20,239 27,748 1900-554-1291/98 Planning & Admin Exp 31,953 15.15% $ 23,961 $ 27,623 $ 20,239 $ 27,748 Total Personal Services $ 31,953 15.15% Operating Expenditures: - - - 86,968 CARES Act COVID - 100.00% - - - 20 1900-554-4200 Postage 20 0.00% 580 - 698 1,800 1900-554-4915 Legal Advertising 1,800 0.00% Land Clearance 14,038 16,575 25,765 - 1910-554-3400 Nuisance Abatement - 0.00% - - - 16,521 1930-554-3400 Housing Rehabilitation - 100.00% Public Services 1,030 1,504 - 5,000 1940-554-3451 Rec Center Summer Program - -100.00% - - - 22,000 1940-554-5262 Homeless Abatement - HHA Outreach - 100.00% - - - - House of Deliverance Food Bank 7,500 100.00% - - - - HSU Educational 20,200 100.00% - - - - Striving for Perfection Ministries Food Bank 10,500 100.00% - - - 5,000 1940-554-5269 Boys & Girls Club of the Emerald Coast 5,000 0.00% 5,645 42,116 39,342 - 1940-554-5255 One Hopeful Place Community Development - 0.00% 7,600 - 1,400 - 1940-554-5258 S4P Synergy Inc - 0.00% - - 9,250 5,000 1940-554-5265 90Works Project90 8,100 62.00% - - 9,518 - 1940-554-5266 Bridgeway Center, Inc. 19,193 100.00% $ 27,863 $ 60,195 $ 85,973 $ 142,309 Total Operating Expenditures $ 72,313 -49.19% Public Facilities - 19,957 - - 1950-554-5253 Okaloosa Comprehensive Head Start-McGriff Cntr 20,000 0.00% - 17,025 - 30,450 1950-554-5255 OK Coalition on Homeless One Hopeful Place 44,600 100.00% 4,000 - - - 1950-554-5263 Bountiful Blessings Food Pantry - 0.00% 15,935 13,543 - 1950-554-5262 HHA Inclement Weather Shelter - 0.00% - - 33,000 34,300 1950-554-5267 HSU Educational Foundation - -100.00% 1,209 - - - 1950-554-5259 Eleanor Johnson Restroom - 0.00% - - 30,663 - 1950-554-6300 Improvements Other than Building - 0.00% 21,144 50,525 63,663 64,750 Total Capital Improvements 64,600 -0.23% $ 72,968 $ 138,343 $ 169,874 $ 234,807 TOTAL FUND EXPENSES $ 168,866 -28.08% $ (12,382) $ (3,030) $ 4,817 $ 198,719 NET REVENUE / (EXPENSE) $ - 0.00% 107 - CDBG 9/27/2021 1:25 PM 122 COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) Share of City Budget $168,866, 0.3% DESCRIPTION The Community Development Block Grant provides Federal funding for housing and community development needs for low and moderate income areas. MISSION Administer the Community Development Block Grant (CDBG) program in accordance with all Federal regulations. Actual YTD thru 03/31 Budget CURRENT GOALS, OBJECTIVES, & METRICS (FY22) 2017-18 2018-19 2019-20 2020-21 2020-21 2021-22 Eliminate Influences of Blight in Target Areas Nuisances Abated in Target Area 1 2 6 0 1 1 Improve Safety and Livability of Neighborhoods Capital Improvements Completed in Target Area 0 3 0 0 0 0 Provide Access to Quality Public and Private Services Summer Youth Program 0 4 0 0 5 5 After School Program Participants 10 0 0 0 0 5 Disburse Grant Funds in Timely Fashion Grant Funds Spent in Same Year Awarded 90% 90% 90% annual 100% 100% FUTURE GOALS (FY23 & FY24)  Spend all grant funds in same year awarded.  Improve neighborhood liveability by completing one nuisance abatement project or sewer lateral project.  Improve Summer Youth and After School Program participation. PRIOR YEAR ACCOMPLISHMENTS (FY21)  Improved participation in Summer Youth Program by providing annual membership and summer program membership to four individuals 123  Community Redevelopment Agency Fund The Community Redevelopment Agency (CRA) Fund encompasses 4.61% of the City’s activities and services and accounts for funding derived from City of Fort Walton Beach and Okaloosa County Tax Increment Funding (TIF) – proceeds from increases in the taxable assessed value of the CRA District. The original CRA area was formed in 1980, with that being the base year for the purpose of determining the growth in assessed taxable value. In 2019, the CRA area was expanded to include additional areas. The TIF is determined by the growth in the assessed value of taxable property located in the CRA district from the base year to the current tax year and is multiplied by the current tax rate for the City and County. Expenditures in the CRA area target eliminating blight in residential and commercial areas. Revenue Highlights $4,000,000 Budget. $3,500,000 ……2021-22 $ Change % Change $3,000,000 Ad Valorem Taxes 1,417,976 66,984 4.7% $2,500,000 Intergov’t Revenue 1,019,267 48,150