Fort Walton Beach — Fiscal Year 2023-24 Adopted Budget — reading text

operations and the following $14 enterprise activities: water, sewer, stormwater, $12 recycling, and solid waste. These operations are $10 self-sustaining since cemetery revenues normally exceed expenses and enterprise Millions $8 activities are funded by user fees rather than $6 general revenues such as property taxes. $4 $2 Public Safety – This category includes police, $0 fire, code enforcement, and building inspection Cemetery Water & Sewer Garbage Stormwater services and totals $16.1M, or 28.7%, of total 2019-20 2020-21 2021-22 Budget 2022-23 Budget 2023-24 expenses. Public Safety increases were due to personnel changes in FY 2023-24. $7.90 Recreation & Cultural Services – This $7.11 category equals $5.6M, or 10.0%, of total $6.32 expenses and includes parks & recreation $5.53 programs and facilities, senior activities, library, $4.74 museums, and golf courses. A portion of these Millions $3.95 $3.16 leisure service expenses are offset by revenues $2.37 such as facility and park rentals, youth and adult $1.58 athletic fees, recreation center memberships, and $0.79 $0.00 museum entrance fees. This category is slight Police Fire Code Enf Bldg Insp increase when compared to FY 2022-23. After 2019-20 2020-21 2021-22 Budget Budget opening a new recreation complex in May 2015, 2022-23 2023-24 City of Fort Walton Beach, FL 42 Expenditures the department is settling in at the new facility, and continues to bring multiple sports tournaments to the City. General Government – This category is $6.6M, or 11.8%, of total expenses and includes the following units of City government funded from ad valorem tax proceeds that provide support services to other departments and information to $8.0 the public: City Council, City Manager, City $7.0 Clerk, information technology, human resources, $6.0 risk management, accounting, budgeting, $5.0 Millions purchasing, planning, fleet, and facilities. $4.0 Debt Service – This category totals $3.9M, or $3.0 7.0%, of total expenses and includes principal and $2.0 interest payments for the City’s equipment and $1.0 facilities funded via capital lease/purchase, $0.0 General Gov't revenue notes, or other debt financing. 2019-20 2020-21 2021-22 Budget Budget 2022-23 2023-24 Capital Outlay/Improvement – This category $6.0 comprises $3.8M, or 6.9%, of total expenses. $5.0 Capital outlay includes the purchase of computers, vehicles, equipment, and other assets $4.0 with a value greater than $1,000 and a useful life Millions $3.0 of more than one (1) year. Capital improvement $2.0 includes the acquisition, construction, replacement, or renovation of facilities and $1.0 infrastructure with a value greater than $25,000 $0.0 and a useful life of ten (10) years or more (e.g. Capital Outlay Capital Improvement buildings, parks, streets, and water and sewer 2019-20 2020-21 2021-22 Budget 2022-23 Budget 2023-24 lines). IT funding of $163K includes various laptops, desktops and server replacements. The following capital improvement projects are budgeted at a total cost of $3.0M: Liza Jackson Waterfront Park Design, Potable Well No. 3 Rehab, Jet/Holmes Pre-Fab Restroom, Ferry Park Pickleball Courts, street resurfacing, sidewalk construction, water meter replacements, water line replacements, sewer grouting/lining and storm drainage improvements. Various other improvements are detailed in the Executive Summary of this document. Interfund Transfers – Interfund transfers represent $1.1M, or 2.0%, of total expenses. Transfers to the General Fund total $1.1M based on the Cost Allocation Plan, which provides reasonable and proportionate reimbursement for services provided to enterprise and special revenue funds such as city clerk, city council (including city attorney), city manager, administrative services (i.e. human resources, risk management, information technology), financial services (i.e. budget, grants, accounting, accounts payable, payroll, purchasing), and engineering services (i.e. engineering, fleet, facilities). City of Fort Walton Beach, FL 43 Expenditures Economic Environment – This category totals $4.5 $1.3M, or 2.4%, of total expenses and includes the $4.0 Community Development Block Grant (CDBG) $3.5 program for low to moderate income families and $3.0 the Community Redevelopment Agency (CRA) Millions $2.5 to revitalize blighted areas. CDBG funding comes $2.0 from the U.S. Department of Housing and Urban $1.5 $1.0 Development. CRA activities are funded from a $0.5 portion of City and County tax dollars. Ad $0.0 valorem revenues are anticipated to increase and CDBG CRA the additional funding will be utilized for various 2019-20 2020-21 2021-22 Budget Budget 2022-23 2023-24 Capital Improvement Projects. The timing of capital projects accounts for the annual fluctuations in prior years. Transportation – This category represents $2.2 $685K, or 1.2%, of total expenses and includes streets, right-of-way, and engineering. Roadway- $1.7 related expenses are funded in large part by local $1.2 option fuel tax proceeds and reimbursements from Millions the Florida Department of Transportation. $0.7 Reserves – Reserve funds are budgeted if $0.2 anticipated revenues exceed budgeted expenses or for the specific purpose of rebuilding fund balance -$0.3 Streets Engineering (governmental funds) or net assets (enterprise funds). Reserves totaling $1.2M, or 2.2%, of 2019-20 2020-21 2021-22 Budget Budget expenses are budgeted in the CRA Fund. 2022-23 2023-24 Contingencies – Contingency funds total $512K, or 0.9%, of total expenses and are budgeted to guard against unanticipated price increases (e.g. fuel, utilities), emergency repairs, or revenue shortfalls. The City budgets 1% of personnel and operating expenses as contingency funds in the General, Florida Building Code, Utilities, Sanitation, and Stormwater funds. City of Fort Walton Beach, FL 44  CITY OF FORT WALTON BEACH, FL Total Expenditures by Category - All Funds Personnel Operating Capital Capital Debt Cost Interfund Replenish 2023-24 2022-23 Budget Change Services Expenses Outlay Improv. Service Allocation Transfer Reserves Budget Budget $ % City Council 174,368 393,602 - - - - - - 567,971 607,352 (39,381) -6.48% City Manager 277,310 16,800 - - - - - - 294,109 408,338 (114,229) -27.97% PIO 171,702 31,914 - - - - - - 203,616 - 203,616 100.00% Human Resources 341,429 93,484 - - - - - - 434,912 417,293 17,619 4.22% Information Technology