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Interest
2020-21 799,647.01 276,932.35 1,590,675.75 772,306.60 2,390,322.76 1,049,238.95
2021-22 751,985.71 260,589.01 1,605,318.58 758,348.57 2,357,304.29 1,018,937.58
2022-23 771,637.06 244,687.56 1,619,721.80 744,221.36 2,391,358.86 988,908.92
2023-24 786,007.84 228,320.40 1,633,871.21 729,939.15 2,419,879.05 958,259.55
2024-25 744,553.37 222,608.83 1,647,751.89 804,516.87 2,392,305.26 1,027,125.70
2025-26 762,070.53 207,091.05 1,658,939.65 793,378.71 2,421,010.18 1,000,469.76
2026-27 779,252.41 191,159.45 1,669,696.39 782,233.56 2,448,948.80 973,393.01
2027-28 3,319,265.64 174,821.86 1,681,000.20 771,103.36 5,000,265.84 945,925.22
2028-29 322,923.70 90,212.88 1,692,828.14 759,981.82 2,015,751.84 850,194.70
2029-30 325,877.95 97,259.23 1,703,156.37 837,863.60 2,029,034.32 935,122.83
2030-31 327,687.30 93,699.94 1,711,551.28 830,211.47 2,039,238.58 923,911.41
2031-32 25,351.99 90,148.01 1,718,265.07 822,714.88 1,743,617.06 912,862.89
2032-33 21,899.32 93,600.68 1,726,265.64 815,435.11 1,748,164.96 909,035.79
2033-34 18,314.42 97,185.58 1,069,519.62 808,347.15 1,087,834.04 905,532.73
2034-35 14,592.21 100,907.79 585,308.93 820,874.59 599,901.14 921,782.38
2035-36 10,727.44 104,772.56 86,794.74 847,705.26
2036-37 6,714.65 108,785.35 54,327.63 880,172.37
2037-38 2,548.17 66,531.90 20,617.03 538,303.58
9,791,056.73 2,749,314.42 23,475,609.91 14,117,658.02 33,084,936.98 14,320,701.42
DEBT SCHEDULES
Facility & Infrastructure Debt Service by Fiscal Year
Fund 001, 401, 403
Fund 401 Fund 401 Fund 001 Fund 001
& 405
2015 2013 2013 2013A GRAND TOTAL
SRF Loan Revenue Note Revenue Note Revenue Note Revenue Note
Pum p Station & Utility System Municipal Recreation
Fiscal Yr Force Main Im provements
Municipal Facilities
Facilities Complex &
2020-21 943,366.76 663,115.60 849,999.99 306,422.20 557,525.30 3,320,429.85
2021-22 943,366.76 663,800.40 849,999.99 305,887.02 557,524.70 3,320,578.87
2022-23 943,366.76 664,076.40 850,000.00 309,637.04 557,524.58 3,324,604.78
2023-24 943,366.76 663,943.60 850,000.00 307,637.08 557,525.26 3,322,472.70
2024-25 943,366.76 663,402.00 950,000.00 305,137.44 557,524.76 3,419,430.96
2025-26 943,366.76 663,451.60 950,000.00 307,136.60 557,524.98 3,421,479.94
2026-27 943,366.76 663,063.20 949,999.99 308,387.28 557,524.58 3,422,341.81
2027-28 943,366.76 663,236.80 950,000.00 308,887.50 3,080,700.00 5,946,191.06
2028-29 943,366.76 663,943.20 950,000.00 308,636.58 2,865,946.54
2029-30 943,366.76 663,153.20 1,050,000.01 307,637.18 2,964,157.15
2030-31 943,366.76 663,896.00 1,049,999.99 305,887.24 2,963,149.99
2031-32 943,366.76 663,113.20 1,049,999.99 2,656,479.95
2032-33 943,366.76 663,834.00 1,049,999.99 2,657,200.75
2033-34 943,366.76 1,050,000.01 1,993,366.77
2034-35 471,683.52 1,050,000.00 1,521,683.52
2035-36 1,050,000.00 1,050,000.00
2036-37 1,050,000.00 1,050,000.00
2037-38 628,000.68 628,000.68
Total $ 14,622,184.92 $ 9,290,109.60 $ 18,028,000.64 $ 3,687,760.26 $ 7,540,899.02 $ 53,168,954.44
City of Fort Walton Beach, FL
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Equipment Debt Service by Fiscal Year
Citywide Fund 001 Fund 001 Fund 001
2013 Capital 2014 2011A 2015 Capital
Fiscal Year GRAND TOTAL
Lease Interfund Loan Revenue Note Lease
Phone System Fire Pumper Fire Ladder Truck Fitness Equipment
2019-20 - 55,663.00 84,625.15 6,777.00 147,065.15
2020-21 - 55,663.00 63,468.86 - 119,131.86
2021-22 - 55,663.00 - - 55,663.00
2022-23 - 55,663.00 - - 55,663.00
2023-24 - 55,665.90 - - 55,665.90
Total $ - $ 278,317.90 $ 148,094.01 $ 6,777.00 $ 433,188.91
City of Fort Walton Beach, FL
27
CITY OF FORT WALTON BEACH, FL
Summary of Estimated Financial Sources & Uses - All Funds
Major Funds 1
GENERAL FUND UTILITIES FUND SANITATION FUND
2018-19 2019-20 2020-21 2018-19 2019-20 2020-21 2018-19 2019-20 2020-21
Actual Budget Budget Actual Budget Budget Actual Budget Budget
Financial Sources
Ad Valorem Taxes 6,380,248 6,293,119 6,411,016 - - - - - -
Other Taxes 5,581,321 6,885,912 6,877,607 - - - - - -
Licenses and Permits 2,114,019 4,535,934 3,202,781 - - - - 10,037 12,000
Intergovernmental Revenue 4,586,960 3,235,874 3,352,257 - - - - - -
Charges for Services 2,868,887 2,701,972 2,943,811 11,370,718 11,176,267 11,528,532 3,871,204 4,288,858 4,034,133
Fines and Forfeitures 84,181 104,695 81,148 - - - - - -
Interest & Other Revenues 1,412,500 855,737 1,864,379 320,286 88,551 90,551 144,054 17,277 213,425
Other Financing Sources 58,251 60,816 60,228 - - - - - -
23,086,367 24,674,060 24,793,227 11,691,004 11,264,818 11,619,083 4,015,258 4,316,172 4,259,558
Appropriation from Reserves - 1,118,639 1,006,684 - - - - - 378,127
$ 23,086,367 $ 25,792,699 $ 25,799,911 $ 11,691,004 $ 11,264,818 $ 11,619,083 $ 4,015,258 $ 4,316,172 $ 4,637,685
Interfund Transfers In 1,091,579 937,509 1,003,054 - - - -
Total Financial Sources $ 24,177,947 $ 26,730,208 $ 26,802,966 $ 11,691,004 $ 11,264,818 $ 11,619,083 $ 4,015,258 $ 4,316,172 $ 4,637,685
Financial Uses
General Government 3,377,241