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

- 0.00% - 1,150 12,267 - 524-6420 Computer Hardware/Software per IT Plan - 0.00% $ 8,625 $ 1,150 $ 27,598 $ - Total Capital Outlay $ - 0.00% Other Financing Activity: 47,011 123,045 124,102 125,182 524-9901 Cost Allocation Reimbursement to General Fund 131,346 4.92% - - - - 581-999 Reserved - Undesignated Net Assets 86,094 0.00% $ 47,011 $ 123,045 $ 124,102 $ 125,182 Total Other Financing Activity $ 217,440 73.70% $ 342,187 $ 471,611 $ 580,270 $ 624,652 TOTAL EXPENSES $ 757,195 21.22% $ 220,418 $ 165,168 $ 280,680 $ - NET REVENUE / (EXPENSE) $ (0) 0.00% 123 106 - FBC 1215 9/4/2023 11:11 AM  Community Development Block Grant Fund The Community Development Block Grant (CDBG) Fund encompasses 0.0024% of the City’s activities and services and accounts for grant funds from the US Department of Housing and Urban Development that are legally restricted for specific purposes such as capital outlay projects and summer care programs to benefit low and moderate income families. Revenue Highlights $250,000 $200,000 Budget. 2023-24 …… $ Change % Change $150,000 Intergov’t Revenue 137,603 (5,224) (3.8)% Approp. from Reserves 0 0 0% $100,000 $137,603 (5,224) (3.8)% $50,000 $0 Budget Budget Budget Budget Budget 2019-20 2020-21 2021-22 2022-23 2023-24 Intergov't Revenue Interest & Other x Revenues from the Federal entitlement are largely population-based. The City’s population is relatively stable since the community is built-out. Expenditure Highlights $250,000 Budget. $200,000 2023-24 …… $ Change % Change Personal Services 23,521 (5,044) (21.4)% $150,000 Operations & Maintenance 84,193 26,431 31.4% Capital Outlay/Imprvmt 29,889 (26,611) (89.0)% $100,000 Interfund Transfers Out 0 0 0% $137,603 (5,224) (3.8)% $50,000 $0 Actual Budget Budget Budget Budget 2019-20 2020-21 2021-22 2022-23 2023-24 Personal Services Operations & Maintenance Capital Outlay/Imprvmt Interfund Transfers x Personal services include staff’s time allocated to CDBG activities. 124 COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) Share of City Budget $137,603, 0.2% DESCRIPTION The Community Development Block Grant provides Federal funding for housing and community development needs for low and moderate income areas. MISSION Administer the Community Development Block Grant (CDBG) program in accordance with all Federal regulations. Actual YTD thru 06/30 Budget CURRENT GOALS, OBJECTIVES, & METRICS (FY24) 2019-20 2020-21 2021-22 2022-23 2022-23 2023-24 Eliminate Influences of Blight in Target Areas Nuisances Abated in Target Area 6 0 2 4 1 3 Improve Safety and Livability of Neighborhoods Capital Improvements Completed in Target Area 0 0 0 0 2 0 Provide Access to Quality Public and Private Services Summer Youth Program 0 4 1 1 2 1 After School Program Participants 0 4 0 1 2 1 Disburse Grant Funds in Timely Fashion Grant Funds Spent in Same Year Awarded 90% 90% 90% annual 100% 80% FUTURE GOALS (FY25 & FY26)  Spend all grant funds in same year awarded.  Increase access to quality public facilities and neighborhood livability by completing nuisance abatment projects.  Increase contractors particpation and use in "Neighborly" software. PRIOR YEAR ACCOMPLISHMENTS (FY23)  Improved neighborhood liveability by eliminating blighted conditions on targeted areas by completeing two nuisance abatement projects. 125  107 COMMUNITY DEVELOPMENT BLOCK GRANT FUND Actual Budget 2022-23 2023-24 % 2019-20 2020-21 2021-22 Adopted Adopted Change 174,691 294,572 192,516 142,827 1900-331-5027 Annual Entitlement Grant 137,603 -3.66% $ 174,691 $ 294,572 $ 192,516 $ 142,827 Total Federal Grants $ 137,603 0.00% $ 174,691 $ 294,572 $ 192,516 $ 142,827 TOTAL INTERGOVERNMENTAL REVENUE $ 137,603 -3.66% $ 174,691 $ 294,572 $ 192,516 $ 142,827 TOTAL FUND REVENUES $ 137,603 -3.66% Personnel Services: 20,239 67,632 33,773 28,565 1900-554-1291/92/ Planning & Admin Exp 23,521 -17.66% $ 20,239 $ 67,632 $ 33,773 $ 28,565 Total Personnel Services $ 23,521 -17.66% Operating Expenditures: - 15,600 9,600 - 1900-554-3100 Professional Services - 0.00% - - - - 1900-554-4000 Travel and Per Diem 2,200 100.00% - - - - 1900-554-5400 Dues & Publications 600 100.00% - - - - 1900-554-5500 Training 1,200 100.00% 698 2,431 626 - 1900-554-4915 Legal Advertising - 0.00% Land Clearance 25,765 - 20,789 36,338 1910-554-3400 Housing Rehab 21,795 -40.02% Public Services - 44,295 7,730 - 1940-554-5262 HSU Educational - 0.00% - 25,000 - - 1940-554-5257 Elder Services 21,000 100.00% - 17,000 - 16,424 1940-554-5270 Mental Health Assoc - -100.00% - 4,061 - - 1940-554-5262 HHA Outreach - 0.00% - - - - 1940-554-5254 Greater Peace Missionary Baptist Church 20,640 100.00% - 5,000 10,000 5,000 1940-554-5269 Boys & Girls Club of the Emerald Coast - -100.00% 39,342 36,419 46,467 - 1940-554-5255 One Hopeful Place Community Development - 0.00% 1,400 8,648 - - 1940-554-5258 S4P Synergy Inc 16,758 100.00% 9,250 - - - 1940-554-5265 90Works Project90