Fort Walton Beach — Fiscal Year 2024-25 Adopted Budget — reading text

Walton Beach | Budget Book 2025 Page 177  Name Account ID FY2025 Budgeted Total Operating Expenditures: $9,920,320.00 Capital Outlay General Government PRINCIPAL PAYMENTS 001-1230-519.71-00 $93,967.00 INTEREST EXPENSE 001-1230-519.72-00 $50,201.00 MACHINERY & EQUIPMENT 001-1500-519.64-20 $383,034.00 Total General Government: $527,202.00 Public Safety PRINCIPAL PAYMENTS 001-0900-522.71-00 $88,368.00 INTEREST PAYMENTS 001-0900-522.72-00 $15,379.00 Total Public Safety: $103,747.00 Culture & Recreation PRINCIPAL PAYMENTS 001-1000-572.71-00 $448,750.00 INTEREST EXPENSE 001-1000-572.72-00 $117,355.00 IMPROV OTHER THAN BLDG 001-1010-572.63-10 $30,000.00 MACHINERY & EQUIPMENT 001-1010-572.64-02 $60,000.00 BUILDINGS 001-1040-572.62-14 $16,000.00 PRINCIPAL PAYMENTS 001-1040-572.71-00 $304,693.00 INTEREST EXPENSE 001-1040-572.72-00 $7,463.00 BOOKS/PUBS/LIBRARY MATS 001-1060-571.66-00 $65,000.00 PRINCIPAL PAYMENTS 001-1060-571.71-00 $18,308.00 Total Culture & Recreation: $1,067,569.00 Total Capital Outlay: $1,698,518.00 Grants & Aids General Government GRANTS & AID 001-0100-511.82-00 $68,209.00 Total General Government: $68,209.00 Total Grants & Aids: $68,209.00 Other Financing Activity General Government COST ALLOCATION/EXP REIMB 001-1600-513.99-16 -$135,287.00 COST ALLOCATION/EXP REIMB 001-1600-513.99-17 -$26,835.00 COST ALLOCATION/EXP REIMB 001-1600-513.99-19 -$178,120.00 COST ALLOCATION/EXP REIMB 001-1600-513.99-41 -$1,302,118.00 COST ALLOCATION/EXP REIMB 001-1600-513.99-43 -$499,960.00 COST ALLOCATION/EXP REIMB 001-1600-513.99-45 -$218,992.00 Total General Government: -$2,361,312.00 Public Safety City of Fort Walton Beach | Budget Book 2025 Page 178  Name Account ID FY2025 Budgeted 2013 Rev Note Municipal Facilities Police - yr 12 of 18 001-0800-581.71-00 $122,156.00 2013 Rev Note Municipal Facilities Police - yr 12 of 18 001-0800-581.72-00 $21,259.00 Total Public Safety: $143,415.00 Culture & Recreation TRANSFERS 001-1080-581.91-62 $37,000.00 Total Culture & Recreation: $37,000.00 Total Other Financing Activity: -$2,180,897.00 Total Expenditures: $32,063,508.00 Ending Fund Balance: N/A Revenue by Fund 2025 Revenue by Fund General ​G eneral Fund (Major Fund) (100%) City of Fort Walton Beach | Budget Book 2025 Page 179  Budgeted and Historical 2025 Revenue by Fund 40 35 30 25 Millions 20 15 10 5 0 19 20 21 22 23 24 25 20 20 20 20 20 20 20 FY FY FY FY FY FY FY General Fund (Major Fund) Name Account ID FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) General Fund (Major Fund) $32,063,508.00 -27.2% Total General Fund (Major Fund): $32,063,508.00 -27.2% City of Fort Walton Beach | Budget Book 2025 Page 180  Revenues by Source Projected 2025 Revenues by Source Fines ​Fines and Forfeitures (0.3%) Interest ​Interest & Other Revenues (3.2%) ​IInterfund nterfund Transfers In (3.6%) Ad ​Ad Valorem Taxes (23.4%) Licenses ​L icenses and Permits (7.4%) ​IIntergovernmental ntergovernmental Revenue (11.6%) ​Charges for Services (12.2%) Charges Other Taxes (19.7%) ​Other Appropriation ​Appropriation from Reserves (18.6%) Budgeted and Historical 2025 Revenues by Source 40 30 Millions 20 10 0 19 20 21 22 23 24 25 20 20 20 20 20 20 20 FY FY FY FY FY FY FY Other Financing Sources Fines and Forfeitures Interest & Other Revenues Interfund Transfers In Licenses and Permits Intergovernmental Revenue Charges for Services Appropriation from Reserves Other Taxes Ad Valorem Taxes Name Account ID FY2025 Budgeted FY2024 Budgeted vs. FY2025