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

$8 Appropriation 1,915,519 1,915,519 100% Millions $13,583,413 1,964,330 14.5% $6 $4 $2 $0 Actual Actual Actual Budget Budget 2017-18 2018-19 2019-20 2020-21 2021-22 Licenses & Permits Intergov't Revenue Charges for Services Interest & Other Interfund Transfers Appropriations  A new five-year utility rate study was implemented on October 2020; for FY 2021-22, Year 2 of the rate study will be implemented. The implementation makes sure the required rates are in place to generate sufficient revenue to sustain renewal and replacement reserves and account for debt service requirements. Expenditure Highlights $16 $14 Budget. 2021-22. …… $ Change % Change $12 Personal Services 2,569,601 58,981 2.3% $10 Operations & Maintenance 4,507,517 (72,173) (1.6)% Millions $8 Capital Outlay/Imprvmt 2,323,900 1,959,000 84.3% $6 Debt Service 2,142,667 684 0.0% $4 Interfund Transfers Out 2,039,728 17,837 0.9% $2 Replenish Reserves 0 0 0% $0 $13,583,413 1,964,330 14.5% Actual Actual Actual Budget Budget 2017-18 2018-19 2019-20 2020-21 2021-22 Personal Services Operations & Maintenance Capital Outlay/Imprvmt Debt Service Interfund Transfers Replenish Reserves *Expenses shown on a cash basis, exclusive of reclassifications for the audited financial statements.*  The increase in Capital Outlay/Improvement is primarily due to the following CIPs: replacement of water meters, replacement of Lift Station No. 22, and construction of the new Freedom Beacon water main and force main. 130  401 UTILITIES FUND - REVENUES Actual Budget 2020-21 2021-22 % 2017-18 2018-19 2019-20 Adopted Adopted Change 2,266,875 2,348,518 2,446,054 2,594,168 1310-343-3000 Service Fees - Residential 2,513,064 -3.13% 1,407,465 1,481,824 1,449,489 1,433,102 1310-343-3100 Service Fees - Commercial 1,519,088 6.00% 8,433 10,400 14,550 22,000 1500-343-3600 Connection Fees - Residential 22,500 2.27% 38,000 99,075 105,555 65,767 1500-343-3700 Connection Fees - Commercial 62,000 -5.73% - - - 25 1500-343-3810 Hydrant Service 25 0.00% $ 3,720,773 $ 3,939,817 $ 4,015,648 $ 4,115,062 Total Water Operations $ 4,116,677 0.04% 4,652,434 4,784,208 4,911,286 4,805,762 1350-343-5000 Service Fees - Residential 4,842,317 0.76% 2,075,738 2,220,860 2,087,825 2,211,394 1350-343-5100 Service Fees - Commercial 2,316,507 4.75% 9,750 14,250 15,700 38,127 1500-343-5600 Connection Fees - Residential 13,500 -64.59% 21,606 196,537 130,968 155,181 1500-343-5700 Connection Fees - Commercial 125,000 -19.45% $ 6,759,529 $ 7,215,855 $ 7,145,778 $ 7,210,464 Total Sewer Operations $ 7,297,324 1.20% 3,425 3,738 2,819 2,894 0520-343-3001 Administrative Fee - Returned Checks 2,780 -3.94% 101,337 85,386 81,481 87,650 1310-343-3200 Service Charges 88,650 1.14% 127,132 125,583 90,747 112,463 1310-343-3300 Penalties 114,463 1.78% $ 231,894 $ 214,707 $ 175,047 $ 203,007 Total Combined Operations $ 205,893 1.42% $ 10,712,196 $ 11,370,379 $ 11,336,473 $ 11,528,532 TOTAL CHARGES FOR SERVICES $ 11,619,894 0.79% 1,838 1,715 2,940 - 1310-324-2100 Impact Fees - Water - Residential - 0.00% 3,229 22,456 23,152 - 1310-324-2200 Impact Fees - Water - Commercial - 0.00% 2,219 1,977 3,389 - 1350-324-2100 Impact Fees - Sewer - Residential - 0.00% 3,823 25,860 27,041 - 1350-324-2200 Impact Fees - Sewer - Commercial - 0.00% $ 11,109 $ 52,008 $ 56,523 $ - Total Licenses & Permits $ - 0.00% $ 11,109 $ 52,008 $ 56,523 $ - TOTAL LICENSES & PERMITS $ - 0.00% 44,950 - - - 5421-334-3502 State Grants - 0.00% $ 44,950 $ - $ - $ - Total State Grants $ - 0.00% $ 44,950 $ - $ - $ - TOTAL INTERGOVERNMENTAL REVENUE $ - 0.00% 165,761 252,486 259,160 68,480 1500-361-1000 Interest Income 25,000 -63.49% $ 165,761 $ 252,486 $ 259,160 $ 68,480 Total Interest Income $ 25,000 -63.49% 18,988 19,558 19,558 19,571 1500-362-2020 Rental and Lease Income 21,500 9.86% $ 18,988 $ 19,558 $ 19,558 $ 19,571 Total Rents and Royalties $ 21,500 9.86% (20,279) 39,269 8,000 500 1500-364-1000 Sale of Surplus Assets 1,000 100.00% 9,804 14,680 472 2,000 1500-369-9000 Miscellaneous Revenue 500 -75.00% $ (10,475) $ 53,948 $ 8,472 $ 2,500 Total Other Revenues $ 1,500 -40.00% $ 174,275 $ 325,992 $ 287,191 $ 90,551 TOTAL INTEREST & OTHER REVENUES $ 48,000 -46.99% - - - - 1600-389-9300 Appropriation from Net Assets 1,915,519 100.00% $ - $ - $ - $ - Total Non-Operating Sources $ 1,915,519 100.00% $ - $ - $ - $ - TOTAL TRANSFERS IN $ 1,915,519 0.00% $ 10,942,529 $ 11,748,379 $ 11,680,187 $ 11,619,083 TOTAL FUND REVENUES $ 13,583,413 16.91% 401-Revenues 8/19/2021 2:42 PM 131  401 UTILITIES FUND - 0520 CUSTOMER SERVICE Actual Budget 2020-21 2021-22 % 2017-18 2018-19 2019-20 Adopted Adopted Change Personal Services: 5.50 5.50 5.50 4.50 Number of Funded Employees (FTE's) 4.50 152,135 147,110 172,816 151,496 536-1200 Regular Salaries 167,593 10.63% - 108 - - 536-1201 Service Awards - 0.00% 12,822 14,055 18,175 17,434 536-1300 Part-Time Wages 18,883 8.31% 92 18 213 500 536-1400 Salaries - Overtime 500 0.00% 9,275 9,216 11,840 10,252 536-2100 FICA Taxes 10,775 5.10% 2,169