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

$ 4,513,696 Interfund Transfers In 1,747,686 1,063,282 1,003,054 - - - - Total Financial Sources $ 29,401,441 $ 26,802,966 $ 27,697,297 $ 11,903,610 $ 11,619,083 $ 13,583,413 $ 4,073,674 $ 4,637,685 $ 4,513,696 Financial Uses General Government 3,620,756 3,704,524 3,877,353 - - - - - - Public Safety 10,895,640 12,415,088 12,984,897 - - - - - - Physical Environment 430,927 414,776 792,732 9,371,089 8,409,605 8,307,369 3,824,136 4,037,224 3,880,819 Transportation 723,669 838,756 862,200 - - - - - - Economic Environment - - - - - - - - - Culture & Recreation 4,929,243 5,347,396 4,893,518 - - - - - - Capital Outlay/Improvements 4,359,774 2,971,030 2,280,155 471,491 364,900 2,323,900 540,750 275,000 240,000 Debt Service 5,247 1,076,578 1,685,497 1,607,448 2,141,983 2,142,667 - 85,000 85,000 Reclass of Capital for Depreciation - - - - - - - - - 24,965,256 26,768,148 27,376,352 11,450,028 10,916,488 12,773,936 4,364,886 4,397,224 4,205,819 Contingencies - - 285,928 - - 115,099 - - 45,321 Reserves - - - - - - - - - $ 24,965,256 $ 26,768,148 $ 27,662,280 $ 11,450,028 $ 10,916,488 $ 12,889,035 $ 4,364,886 $ 4,397,224 $ 4,251,140 Interfund Transfers Out 1,872,958 34,817 35,017 1,230,404 702,595 694,377 315,637 240,459 262,556 Total Financial Uses $ 26,838,214 $ 26,802,966 $ 27,697,297 $ 12,680,432 $ 11,619,083 $ 13,583,413 $ 4,680,523 $ 4,637,685 $ 4,513,696 Net Increase/(Decrease) in 2,563,227 (1,006,684) (1,298,209) 1,356,387 - (1,915,519) (80,254) - - Fund Balance / Net Assets4 Fund Bal / Net Assets4 - Oct 1 18,419,589 20,982,816 19,976,132 20,519,693 21,876,080 21,876,080 3,236,875 2,058,647 2,058,647 4 Fund Bal / Net Assets - Sep 30 $ 20,982,816 $ 19,976,132 $ 18,677,923 $ 21,876,080 $ 21,876,080 $ 19,960,561 $ 3,156,621 $ 2,058,647 $ 2,058,647 Notes 1 Major funds each comprise at least 10% of the total appropriated budget 2 Other Governmental Funds - Law Enforcement Trust, Law Enforcement Training, Florida Building Code, CRA, CDBG, Debt Service, Beal Memorial 3 Other Enterprise Funds - Stormwater 4 Fund Balance / Net Assets amounts used are unrestricted, except CRA Fund which is committed to capital projects 28  Non-Major Funds OTHER GOVERNMENTAL 2 OTHER ENTERPRISE 3 Total All Funds 2019-20 2020-21 2021-22 2019-20 2020-21 2021-22 2019-20 2020-21 2021-22 % of Actual Budget Budget Actual Budget Budget Actual Budget Budget Budget 1,352,976 1,350,992 1,417,976 - - - 7,926,727 7,762,008 8,288,608 15.7% - - - - - - 5,515,139 6,877,608 7,502,599 14.2% 585,117 472,211 503,615 - - - 3,546,067 3,686,992 3,735,921 7.1% 1,241,096 1,205,924 1,188,133 - - 200,000 9,870,744 4,558,181 4,863,132 9.2% - - - 1,035,033 1,023,980 1,027,413 19,062,904 19,530,456 20,258,847 38.3% 12,754 400 400 - - - 93,827 81,548 68,427 0.1% 428,991 4,409 3,209 28,196 17,000 500 2,225,659 2,189,764 782,335 1.5% - - - 200,000 - - 274,135 - 387,528 0.7% 3,620,934 3,033,936 3,113,333 1,263,229 1,040,981 1,227,914 48,515,203 44,686,557 45,887,397 - 1,273,014 156,850 - - 498,335 - 2,657,825 3,900,386 7.4% $ 3,620,934 $ 4,306,950 $ 3,270,183 $ 1,263,229 $ 1,040,981 $ 1,726,249 $ 48,515,203 $ 47,344,382 $ 49,787,783 1,872,958 1,168,001 2,070,513 - - - 3,620,644 2,231,283 3,073,567 5.8% $ 5,493,892 $ 5,474,951 $ 5,340,696 $ 1,263,229 $ 1,040,981 $ 1,726,249 $ 52,135,847 $ 49,575,666 $ 52,861,351 - - - - - - 3,620,756 3,704,524 3,877,353 7.3% 360,010 416,838 636,775 - - - 11,255,650 12,831,926 13,621,672 25.8% 9,842 12,200 385,317 764,925 809,035 895,881 14,400,919 13,682,841 14,262,119 27.0% 12,275 - - - - 723,669 851,031 862,200 1.6% 1,182,887 969,262 1,258,453 - - - 1,182,887 969,262 1,258,453 2.4% - 138,231 - - - - 4,929,243 5,485,627 4,893,518 9.3% 186,717 1,504,811 488,100 976,212 25,900 600,900 6,534,944 5,141,641 5,933,055 11.2% 1,814,099 1,076,579 1,685,496 - 136,000 136,000 3,426,794 4,516,140 5,734,660 10.8% - - - - - - - - - 0.0% 3,553,555 4,130,197 4,454,141 1,741,137 970,935 1,632,781 46,074,862 47,182,992 50,443,029 - - - - 9,817 9,817 - 9,817 456,165 0.9% - 979,620 886,556 - - - - 979,620 886,556 1.7% $ 3,553,555 $ 5,109,817 $ 5,340,697 $ 1,741,137 $ 980,753 $ 1,642,599 $ 46,074,862 $ 48,172,429 $ 51,785,750 - 365,135 - - 60,228 83,650 3,418,999 1,403,235 1,075,601 2.0% $ 3,553,555 $ 5,474,951 $ 5,340,696 $ 1,741,137 $ 1,040,981 $ 1,726,249 $ 49,493,861 $ 49,575,666 $ 52,861,351 1,940,337 (293,394) 729,706 252,099 - (498,335) 2,641,986 (1,678,205) (3,013,830) 5,235,661 7,175,998 6,882,604 4,543,991 4,796,090 4,796,090 51,955,809 56,889,631 55,589,553 $ 7,175,998 $ 6,882,604 $ 7,612,310 $ 4,796,090 $ 4,796,090 $ 4,297,755 $ 54,597,795 $ 55,211,426 $ 52,575,723 29  Executive Budget Summary Where the Money Comes From … … And Where the Money Goes Budgeted Revenues: $52,861,351 Budgeted Expenditures: $52,861,351 Ad Valorem Taxes , Debt Service , $8,288,608 , 15.7% Other Taxes , Capital Outlay/ $5,734,660 , 10.8% Contingencies , Reserves , $7,502,599 , 14.2% Improvement , $456,165 , 0.9% $3,900,386 , 7.4% $5,933,055 , 11.2% Reserves , $886,556 , 1.7% Licenses & Permits , Culture & $3,735,921 , 7.1% Recreation , Interfund Transfers , $4,893,519 , 9.3% Interfund