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

4,077,060 3,402,974 - - - - - - Public Safety 9,838,964 11,707,386 12,415,088 - - - - - - Physical Environment 424,278 420,846 414,776 9,476,248 7,811,998 8,294,506 3,720,984 3,704,807 3,997,304 Transportation 824,349 801,279 838,756 - - - - - - Economic Environment - - - - - - - - - Culture & Recreation 4,685,690 5,185,935 5,347,396 - - - - - - Capital Outlay/Improvements 9,385,760 3,094,649 2,971,030 851,085 521,329 364,900 140,225 260,000 275,000 Debt Service 6,236 1,104,546 1,076,578 479,092 2,142,954 2,141,983 - 85,001 85,000 Reclass of Capital for Depreciation - - - - - - - - - 28,542,518 26,391,701 26,466,598 10,806,425 10,476,281 10,801,389 3,861,209 4,049,808 4,357,304 Contingencies - 297,524 301,550 - 112,648 115,099 - 38,745 39,920 Reserves - - - - - - - - - $ 28,542,518 $ 26,689,225 $ 26,768,148 $ 10,806,425 $ 10,588,929 $ 10,916,488 $ 3,861,209 $ 4,088,553 $ 4,397,224 Interfund Transfers Out (1,262,327) 40,983 34,817 815,586 675,889 702,595 173,840 227,619 240,459 Total Financial Uses $ 27,280,189 $ 26,730,208 $ 26,802,966 $ 11,622,011 $ 11,264,818 $ 11,619,083 $ 4,035,049 $ 4,316,172 $ 4,637,685 Net Increase/(Decrease) in 7,243,101 (1,118,639) (1,006,684) 1,287,593 - - (100,152) - - Fund Balance / Net Assets4 Fund Bal / Net Assets4 - Oct 1 11,176,488 18,419,589 17,300,950 19,232,100 20,519,693 20,519,693 3,216,593 2,058,647 2,058,647 4 Fund Bal / Net Assets - Sep 30 $ 18,419,589 $ 17,300,950 $ 16,294,266 $ 20,519,693 $ 20,519,693 $ 20,519,693 $ 3,116,441 $ 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 2018-19 2019-20 2020-21 2018-19 2019-20 2020-21 2018-19 2019-20 2020-21 % of Actual Budget Budget Actual Budget Budget Actual Budget Budget Budget 1,139,801 1,352,976 1,350,992 - - - 7,520,049 7,646,095 7,762,008 15.7% - - - - - - 5,581,321 6,885,913 6,877,608 13.9% 545,181 355,325 472,211 - - - 2,659,200 4,901,296 3,686,992 7.4% 929,264 982,490 1,205,924 - - - 5,516,224 4,218,364 4,558,181 9.2% - - - 1,027,310 988,713 1,023,980 19,138,119 19,155,810 19,530,456 39.4% 10,397 4,000 400 - - - 94,578 108,695 81,548 0.2% 299,574 63,598 30,909 30,213 24,894 17,000 2,206,627 1,050,057 2,216,264 4.5% - - - 44,560 - - 102,811 60,816 60,228 0.1% 2,924,217 2,758,389 3,060,436 1,102,083 1,013,608 1,040,981 42,818,930 44,027,046 44,773,285 - 5,000 1,296,953 - - - - 1,123,639 2,681,764 5.4% $ 2,924,217 $ 2,763,389 $ 4,357,389 $ 1,102,083 $ 1,013,608 $ 1,040,981 $ 42,818,930 $ 45,150,685 $ 47,455,049 1,262,327 1,143,465 1,117,562 - - - 2,353,906 2,080,974 2,120,616 4.3% $ 4,186,544 $ 3,906,854 $ 5,474,951 $ 1,102,083 $ 1,013,608 $ 1,040,981 $ 45,172,836 $ 47,231,660 $ 49,575,666 - - - - - - 3,377,241 4,077,060 3,402,974 6.9% 318,781 361,966 482,374 - - - 10,157,745 12,069,352 12,897,462 26.0% 15,168 12,200 12,200 762,181 681,005 809,035 14,398,859 12,630,857 13,527,822 27.3% - - - - - 824,349 801,279 838,756 1.7% 1,282,063 1,142,525 1,294,617 - - - 1,282,063 1,142,525 1,294,617 2.6% - - - - - - 4,685,690 5,185,935 5,347,396 10.8% 1,112,268 272,000 1,629,561 66,953 125,650 25,900 11,556,291 4,273,628 5,266,391 10.6% 1,239,310 1,104,543 1,076,579 - 136,001 136,000 1,724,638 4,573,045 4,516,140 9.1% - - - - - - - - - 0.0% 3,967,590 2,893,235 4,495,331 829,134 942,656 970,935 48,006,876 44,753,681 47,091,557 - - - - 10,136 9,817 - 459,053 466,386 0.9% - 1,013,620 979,620 - - - - 1,013,620 979,620 2.0% $ 3,967,590 $ 3,906,855 $ 5,474,951 $ 829,134 $ 952,793 $ 980,753 $ 48,006,876 $ 46,226,354 $ 48,537,563 - - - - 60,816 60,228 (272,901) 1,005,308 1,038,100 2.1% $ 3,967,590 $ 3,906,854 $ 5,474,951 $ 829,134 $ 1,013,608 $ 1,040,981 $ 47,733,975 $ 47,231,660 $ 49,575,666 218,954 1,008,620 (317,333) 213,459 - - (2,561,139) (110,019) (1,702,144) 5,235,661 4,354,306 5,362,926 4,330,532 4,543,991 4,543,991 43,191,374 49,896,226 49,786,207 $ 5,454,615 $ 5,362,926 $ 5,045,593 $ 4,543,991 $ 4,543,991 $ 4,543,991 $ 40,630,235 $ 49,786,207 $ 48,084,063 29  Executive Budget Summary Where the Money Comes From … … And Where the Money Goes Budgeted Revenues: $49,575,666 Budgeted Expenditures: $49,575,666 Ad Valorem Taxes , Debt Service , Other Taxes , Capital Outlay/ $4,516,140 , 9.1% Contingencies , $7,836,827 , 15.8% Reserves , $6,877,608 , 13.9% Improvement , $466,386 , 0.9% $2,685,871 , 5.4% $5,206,391 , 10.5% Reserves , $960,398 , 1.9% Interfund Transfers , Licenses & Permits , Culture & $2,120,616 , 4.3% $3,686,992 , 7.4% Recreation , Interfund Transfers $5,347,396 , 10.8%