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

Revenue Highlights $12 Budget. 2020-21 …… $ Change % Change $10 Charges for Services 11,528,532 352,265 3.2% Interest & Other 90,551 2,000 2.3% $8 $11,619,083 354,265 3.1% Millions $6 $4 $2 $0 Actual Actual Actual Budget Budget 2016-17 2017-18 2018-19 2019-20 2020-21 Licenses & Permits Intergov't Revenue Charges for Services Interest & Other Interfund Transfers Appropriations  A new five-year utility rate study is being presented to City Council for approval and implementation in October 2020. 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 $14 Budget. $12 2020-21. …… $ Change % Change $10 Personal Services 2,510,620 -17,797 -0.7% $8 Operations & Maintenance 4,579,689 338,871 8.0% Millions Capital Outlay/Imprvmt 364,900 -156,429 -30.0% $6 Debt Service 2,141,983 -971 0.0% $4 Interfund Transfers Out 2,021,891 190,591 10.4% $2 Replenish Reserves 0 0 0% $0 $11,619,083 354,265 3.1% 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 Replenish Reserves *Expenses shown on a cash basis, exclusive of reclassifications for the audited financial statements.*  The decrease in Capital Outlay/Improvement is due to pump station rehabilitation and purchase of 3 heavy duty trucks in prior fiscal year. 132  401 UTILITIES FUND - REVENUES Actual Budget 2019-20 2020-21 % 2016-17 2017-18 2018-19 Adopted Adopted Change 2,262,172 2,266,875 2,348,518 2,503,806 1310-343-3000 Service Fees - Residential 2,594,168 3.61% 1,409,228 1,407,465 1,481,824 1,398,616 1310-343-3100 Service Fees - Commercial 1,433,102 2.47% 17,990 8,433 10,400 25,144 1500-343-3600 Connection Fees - Residential 22,000 -12.50% 106,450 38,000 99,075 49,767 1500-343-3700 Connection Fees - Commercial 65,767 32.15% 4 - - 25 1500-343-3810 Hydrant Service 25 0.00% $ 3,795,844 $ 3,720,773 $ 3,939,817 $ 3,977,358 Total Water Operations $ 4,115,062 3.46% 4,619,084 4,652,434 4,784,208 4,661,300 1350-343-5000 Service Fees - Residential 4,805,762 3.10% 2,049,706 2,075,738 2,220,860 2,153,395 1350-343-5100 Service Fees - Commercial 2,211,394 2.69% 17,250 9,750 14,250 37,127 1500-343-5600 Connection Fees - Residential 38,127 2.69% 161,624 21,606 196,537 152,138 1500-343-5700 Connection Fees - Commercial 155,181 2.00% 38,120 - - - 1500-343-5894 Work Orders - 0.00% $ 6,885,784 $ 6,759,529 $ 7,215,855 $ 7,003,959 Total Sewer Operations $ 7,210,464 2.95% 4,225 3,425 3,738 2,837 0520-343-3001 Administrative Fee - Returned Checks 2,894 2.01% 104,786 101,337 85,386 84,650 1310-343-3200 Service Charges 87,650 3.54% 130,096 127,132 125,583 107,463 1310-343-3300 Penalties 112,463 4.65% $ 239,107 $ 231,894 $ 214,707 $ 194,950 Total Combined Operations $ 203,007 4.13% $ 10,920,735 $ 10,712,196 $ 11,370,379 $ 11,176,267 TOTAL CHARGES FOR SERVICES $ 11,528,532 3.15% 5,950 1,838 1,715 - 1310-324-2100 Impact Fees - Water - Residential - 0.00% 17,625 3,229 22,456 - 1310-324-2200 Impact Fees - Water - Commercial - 0.00% 3,833 2,219 1,977 - 1350-324-2100 Impact Fees - Sewer - Residential - 0.00% 20,303 3,823 25,860 - 1350-324-2200 Impact Fees - Sewer - Commercial - 0.00% $ 47,711 $ 11,109 $ 52,008 $ - Total Licenses & Permits $ - 0.00% $ 47,711 $ 11,109 $ 52,008 $ - TOTAL LICENSES & PERMITS $ - 0.00% 19,752 44,950 - - 5421-334-3502 State Grants - 0.00% $ 19,752 $ 44,950 $ - $ - Total State Grants $ - 0.00% $ 19,752 $ 44,950 $ - $ - TOTAL INTERGOVERNMENTAL REVENUE $ - 0.00% 587 165,761 61,412 66,480 1500-361-1000 Interest Income 68,480 3.01% $ 587 $ 165,761 $ 61,412 $ 66,480 Total Interest Income $ 68,480 3.01% 18,435 18,988 19,558 19,571 1500-362-2020 Rental and Lease Income 19,571 0.00% $ 18,435 $ 18,988 $ 19,558 $ 19,571 Total Rents and Royalties $ 19,571 0.00% (20,279) 39,269 500 1500-364-1000 Sale of Surplus Assets 500 0.00% 28 9,804 14,680 2,000 1500-369-9000 Miscellaneous Revenue 2,000 0.00% $ 28 $ (10,475) $ 53,948 $ 2,500 Total Other Revenues $ 2,500 0.00% $ 19,051 $ 174,275 $ 134,919 $ 88,551 TOTAL INTEREST & OTHER REVENUES $ 90,551 2.26% $ 11,007,249 $ 10,942,529 $ 11,557,305 $ 11,264,818 TOTAL FUND REVENUES $ 11,619,083 3.14% 401-Revenues 8/30/2020 8:21 PM 133  401 UTILITIES FUND - 0520 CUSTOMER SERVICE Actual Budget 2019-20 2020-21 % 2016-17 2017-18 2018-19 Adopted Adopted Change Personal Services: 5.50 5.50 5.50 5.50 Number of Funded Employees (FTE's) 4.50 165,231 152,135 147,110 162,815 536-1200 Regular Salaries 151,496 -6.95% 108 - 108 - 536-1201 Service Awards - 0.00% - 12,822 14,055 15,100 536-1300 Part-Time Wages 17,434 15.46% 93 92 18 500 536-1400 Salaries - Overtime 500 0.00% 9,036 9,275