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

11,071 12,415 7,427 7,694 534-2300 Dental, Life & Health Insurance 7,976 3.66% - - 902 1,357 534-2210 Def Comp 457 1,542 13.62% 2,231 2,241 2,499 3,356 534-2400 Worker's Compensation 3,815 13.68% $ 78,080 $ 70,571 $ 62,859 $ 66,549 Total Personnel Services $ 73,386 10.27% Operating Expenditures: - - - 100 534-3400 Other Services 100 0.00% 60,889 39,370 96,707 62,500 534-3421 TIP/Contamination Fees 145,925 133.48% - - - 1,000 534-4000 Travel and Per Diem 1,000 0.00% 131 135 132 131 534-4100 Communication Services 133 1.59% 13,239 13,727 22,873 26,500 534-4620 Vehicle Repair 26,500 0.00% - - - 3,000 534-4630 Equipment Repair 3,000 0.00% - 195 - 500 534-4700 Printing & Binding 500 0.00% 2,330 2,542 2,472 3,500 534-5200 Operating Supplies 3,450 -1.43% 5,958 9,419 8,477 8,400 534-5204 Fuel & Oil 8,820 5.00% 150 154 165 165 534-5210 Uniform Expense 165 0.00% - - - 15,800 534-5225 Sanitation Containers - Bulk 15,800 0.00% - - 6,899 8,750 534-5226 Sanitation Containers - Residential 8,750 0.00% - - - 200 534-5233 Tools 200 0.00% 249 - 130 205 534-5234 Safety Supplies/Equipment 205 0.00% 150 150 200 150 534-5400 Books, Dues & Publications 200 33.33% - - - 350 534-5500 Training 350 0.00% $ 83,096 $ 65,693 $ 138,054 $ 131,251 Total Operating Expenditures $ 215,098 63.88% 161,176 136,264 200,913 197,801 TOTAL EXPENSES 288,484 45.85% 153 1370-Recycling 9/5/2023 8:29 AM  403 SANITATION FUND - 1500 NON-DEPARTMENTAL Actual Budget 2022-23 2023-24 % 2019-20 2020-21 2021-22 Adopted Adopted Change Personnel Services: - 13,723 8,425 1,500 534-1216 Final Leave Pay 1,500 0.00% 8,100 2,015 1,118 - 534-1250 Compensated Absences - 0.00% 619 155 87 - 534-2150 FICA - Compensated Absences - 0.00% - 27,403 - - 534-2299 Actuarial Pension Expense - 0.00% $ 8,719 $ 43,296 $ 9,630 $ 1,500 Total Personnel Services $ 1,500 0.00% Operating Expenditures: 20,062 2,378 2,929 - 534-3100 Professional Srvcs - 0.00% - - 1,400 500 534-4911 Holiday Gift Certificates 500 0.00% 4,943 16,578 7,302 - 534-4924 Bad Debt Expense - 0.00% - - - 45,321 534-4995 Contingencies 51,041 12.62% 360 896 - 390 534-5231 Computer Hardware/Software 1,025 162.82% 234,617 271,520 277,731 - 534-5900 Depreciation - 0.00% 380 285 - - 534-5910 Depreciation on Contributed Capital - 0.00% $ 260,362 $ 291,656 $ 289,361 $ 46,211 Total Operating Expenditures $ 52,566 13.75% Capital Outlay - 417,911 267,717 372,221 534-6404 Trucks - -100.00% $ - $ 417,911 $ 267,717 $ 372,221 Total Capital Outlay $ - 0.00% Other Financing Activity (540,751) (417,911) - - 590-9900 Reclassify Capital Outlay - 0.00% 406,311 515,370 524,504 474,949 534-9901 Cost Allocation Reimbursement to General Fund 485,398 2.20% 227,619 325,459 347,556 275,348 581-9102 Transfer to General Fund - Franchise Fee 306,244 11.22% 581-9999 Revenues in Excess of Expenditures 70,218 $ 633,930 $ 840,829 $ 872,060 $ 750,297 Total Other Financing Activity $ 861,860 14.87% $ 903,011 $ 1,593,693 $ 1,438,768 $ 1,170,229 TOTAL EXPENSES $ 915,926 -21.73% 20.00 - - 20.00 Number of Funded Employees (FTE's) 20.00 0.00% 3,734,527 3,161,680 3,114,710 3,378,922 Solid Waste 3,899,649 15.41% 161,176 136,264 200,913 197,801 Recycling 288,484 45.85% 903,011 1,593,693 1,438,768 1,170,229 Non-Departmental 915,926 -21.73% (540,751) (417,911) (267,717) - Reclassification of Capital Outlay - 0.00% $ 4,257,964 $ 4,473,726 $ 4,486,673 $ 4,746,952 TOTAL FUND EXPENSES $ 5,104,060 7.52% $ (256,733) $ 247,460 $ - $ - NET REVENUE / (EXPENSE) $ (0) 0.00% 154 1500-NonDept_403 9/19/2023 1:09 PM  Stormwater Fund The Stormwater Fund encompasses 1.97% of the City’s activities and services and accounts for stormwater management operations that are financed and operated in a manner similar to a private business – where the intent is that the cost (expenses, including depreciation) of providing the services be financed and recovered through user charges. This fund accounts for stormwater, storm drainage, and water quality initiatives. Revenue Highlights $1,800,000 Budget. $1,600,000 $ Change % Change ……2023-24 $1,400,000 Charges for Services $1,034,658 (111) 0.01% $1,200,000 Intergov’t Revenue 0 0 0% $1,000,000 Interest,Other & Approp 69,410 8,126 11.8% $800,000 $1,104,068 8,015 0.7% $600,000 $400,000 $200,000 $0 Actual Budget Budget Budget Budget 2019-20 2020-21 2021-22 2022-23 2023-24 Intergov't Revenue Charges for Services Interest & Other Interfund Transfers Appropriations x A five-year utility rate study was implemented on October 2020; for FY2023-24, Year 4 of the rate study will be implemented with no changes to the Stormwater User Fees. 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