Fort Walton Beach — Fiscal Year 2020-21 Adopted_Budget — reading text

Debt Service 1,076,578 -27,968 -2.5% $15 Interfund Transfers Out 34,817 -6,166 -15.0% Replenish Reserves 0 0 0.0% $26,802,966 72,758 0.3% $10 $5 $0 Actual Actual Actual Budget Budget 2016-17 2017-18 2018-19 2019-20 2020-21 Personal Services Operations & Maintenance Capital Outlay/Imprvmt Debt Service Interfund Transfers  Operating expenses increased due to increasing cost of utilities, as well as maintaining sustainable operations.  Capital Outlay decreased due to a reduction in large capital purchases and a reduction in CIPs due to decreased revenue as a result of the COVID-19 Pandemic.  The State of Florida’s revenue projections for FY 2020-21 are significantly lower than FY 2019-20 and are a result of the uncertainty of the COVID-19 Pandemic. 51  001 GENERAL FUND - REVENUES Actual Budget 2019-20 2020-21 % 2016-17 2017-18 2018-19 Adopted Adopted Change 5,779,257 6,022,855 6,380,248 6,293,119 0500-311-1000 Ad Valorem Taxes 6,411,016 1.87% $ 5,779,257 $ 6,022,855 $ 6,380,248 $ 6,293,119 Total Ad Valorem Taxes $ 6,411,016 1.87% 569,363 601,461 602,969 564,433 0500-312-4100 Local Option Fuel Tax 582,761 3.25% 256,935 272,487 272,119 263,278 0500-312-4200 Local Option Fuel Tax - 2nd 261,954 -0.50% - - - 1,600,000 1499-335-1800 Local Discretionary Sales SurTax 1,500,000 -6.25% 190,399 - 221,641 181,576 0800-312-5200 Insurance Premium Tax - Police Pension 181,576 0.00% 204,568 - 219,901 195,017 0900-312-5100 Insurance Premium Tax - Fire Pension 219,901 12.76% $ 1,221,264 $ 873,948 $ 1,316,630 $ 2,804,304 Total Other Taxes $ 2,746,192 -2.07% 2,266,788 2,387,745 2,302,895 2,200,140 0500-314-1000 Electric 2,293,795 4.26% 307,533 308,341 324,634 317,467 0500-314-3000 Water 326,159 2.74% 211,915 255,125 286,738 280,013 0500-314-4000 Gas 278,771 -0.44% 8,909 10,076 9,566 9,658 0500-314-8000 Propane 9,658 0.00% $ 2,795,145 $ 2,961,287 $ 2,923,832 $ 2,807,278 Total Utility Taxes $ 2,908,383 3.60% 1,167,714 1,220,739 1,121,252 1,106,236 0500-315-1000 Communications Services Tax 1,062,697 -3.94% $ 1,167,714 $ 1,220,739 $ 1,121,252 $ 1,106,236 Total Communications Services Tax $ 1,062,697 -3.94% 188,612 153,285 183,186 168,094 0500-316-1000 Business Tax Receipts 160,335 -4.62% 3,541 3,381 - - 0500-316-1010 Penalties - Business Tax Receipts - 0.00% 66 - - - 0500-316-1020 Transfer Fees - 0.00% $ 192,219 $ 156,666 $ 183,186 $ 168,094 Total Business Tax Receipts $ 160,335 -4.62% $ 11,155,600 $ 11,235,494 $ 11,925,148 $ 13,179,031 TOTAL TAXES $ 13,288,623 0.83% 1,840,308 1,895,071 1,826,104 1,753,985 0500-323-1000 Electric 1,784,851 1.76% 171,240 213,274 243,043 236,787 0500-323-4000 Gas 213,409 -9.87% 22,661 22,759 23,570 22,952 0500-323-7000 Solid Waste - Host Fee 23,258 1.33% $ 2,034,209 $ 2,131,104 $ 2,092,718 $ 2,013,724 Total Franchise Fees $ 2,021,518 0.39% 598 1,624 1,368 940 1240-325-1002 Girard Avenue 342 -63.64% 2,045 2,045 6,680 3,432 1240-325-1003 Stokes Avenue 516 -84.97% 2,500,000 0900-325-1310 Fire Assessment Fee 1,152,767 -53.89% $ 2,644 $ 3,670 $ 8,048 $ 2,504,373 Total Special Assessments $ 1,153,625 -53.94% 135 - 105 100 0800-329-4000 Taxi Permit/Bicycle License 100 0.00% 4,534 - 30 - 0900-329-2010 Fire Safety Plan Review 3,445 0.00% 30,769 14,787 16,596 13,796 1205-329-1001 Zoning/Variances Fees 14,979 8.57% 7,426 4,533 4,173 3,427 1205-329-2000 Zoning Site Plan Review 8,600 150.95% - 363 350 514 1205-329-9010 Licenses & Registrations - Golf Cart 514 0.00% $ 42,864 $ 19,682 $ 21,254 $ 17,837 Total Other Licenses & Permits $ 27,638 54.95% $ 2,079,717 $ 2,154,456 $ 2,122,020 $ 4,535,934 TOTAL LICENSES & PERMITS $ 3,202,781 -29.39% 29,107 32,319 28,830 31,000 0500-333-1000 Housing Authority 31,000 0.00% $ 29,107 $ 32,319 $ 28,830 $ 31,000 Total Federal Payments In Lieu of Taxes $ 31,000 0.00% - - - - 1592-331-2050 Federal Grants - Police COPS Grant 109,865 100.00% 1594-331-2055 Federal Grants - Fire Safer Grant (Yr 2 of 3) 362,430 100.00% - - - - - 0.00% $ - $ - $ - $ - Total Federal Grants $ 472,295 100.00% - 831,270 - - 334 State Grants - 0.00% $ 831,270 $ - Total State Grants $ - 0.00% 864,789 896,364 930,735 916,860 0500-335-1221 Municipal Revenue Sharing 817,706 -10.81% 10,890 10,318 9,132 12,189 0500-335-1400 Mobile Home Licenses 12,189 0.00% 48,770 42,711 42,726 44,399 0500-335-1500 Alcoholic Beverage License 44,392 -0.02% 1,966,542 2,067,353 2,174,233 2,119,076 0500-335-1800 Sales Tax 1/2 - 5th Cent 1,858,829 -12.28% 10,713 - 10,596 9,096 0900-335-2100 Fire Supplemental Compensation 9,096 0.00% 001-Revenues 9/18/2020 10:50 AM 52  001 GENERAL FUND - REVENUES Actual Budget 2019-20 2020-21 % 2016-17 2017-18 2018-19 Adopted Adopted Change $ 2,901,704 $ 3,016,745 $ 3,167,423 $ 3,101,620 Total State Shared Revenues $ 2,742,212 -11.59% 79,687 - 81,376 81,376 1500-337-7000 Library Cooperative Funding 86,750 6.60% $ 79,687 $ - $ 81,376 $ 81,376 Total Other Grants $ 86,750 6.60% 28,057 28,189 23,461 21,878 0500-338-1000 County Business Tax Receipt - Municipality Share 20,000 -8.58% $ 28,057 $ 28,189 $ 23,461 $ 21,878 Total Local Shared Revenues $ 20,000 -8.58% $ 3,038,555 $ 3,908,524 $ 3,301,089 $ 3,235,874 TOTAL INTERGOVERNMENTAL REVENUE $ 3,352,257 3.60% 225 175 25 50 0500-341-3000 Administrative Fee -