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Fort Walton Beach — Fiscal Year 2024-25 Adopted Budget — reading text
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20
20
20
20
FY
FY
FY
FY
FY
FY
FY
Other Financing Sources Fines and Forfeitures Interfund Transfers In
Interest & Other Revenues Licenses and Permits Other Taxes
Appropriation from Reserves Intergovernmental Revenue Ad Valorem Taxes
Charges for Services
Name Account ID FY2025 Budgeted FY2024 Budgeted vs. FY2025
Budgeted (% Change)
Revenue Source
City of Fort Walton Beach | Budget Book 2025 Page 151
Name Account ID FY2025 Budgeted FY2024 Budgeted vs. FY2025
Budgeted (% Change)
Ad Valorem Taxes $9,036,042.00 -0.8%
Other Taxes $6,331,803.00 1.2%
Licenses and Permits $3,114,230.00 -29.5%
Intergovernmental Revenue $7,906,896.00 -25.3%
Charges for Services $22,840,553.00 4.3%
Fines and Forfeitures $107,000.00 8.1%
Interest & Other Revenues $2,418,250.00 55.1%
Interfund Transfers In $1,172,274.00 -0.4%
Appropriation from Reserves $7,631,278.00 -75.3%
Total Revenue Source: $60,558,326.00 -29.6%
Revenue by Department
Projected 2025 Revenue by Department
Parks
P arks & Recreation (0.6%)
Cemetery
Cemetery (0.6%)
FL
FL Bldg Code (1.2%)
Stormwater
S tormwater (1.9%)
Finance
F inance (31.7%)
Non-Departmental
N on-Departmental (2%)
TDC
TDC (2.2%)
Golf
G olf Club (4.5%)
L
Local
ocal Discretionary Half Cent
Sales
S ales Tax Fund (4.5%)
Community
Community Redevelopment Agency (4.8%)
Water
Water Plant Operations (7.3%)
Sanitation/Solid Waste (8.9%)
Sanitation/Solid
Transfers Out (14.5%)
Transfers
Sewer
Sewer Collection System (12.8%)
City of Fort Walton Beach | Budget Book 2025 Page 152
Budgeted and Historical 2025 Revenue by Department
100
80
60
Millions
40
20
0
19
20
21
22
23
24
25
20
20
20
20
20
20
20
FY
FY
FY
FY
FY
FY
FY
City Council Risk Management
Growth Management 1/2 Cent Sales Tax
Pension Law Enforcement Trust Fund
Facilties N\A
Finance - Customer Service Law Enforcement Training
Library Inactive
1/4
Name Account ID FY2025 Budgeted FY2024 Budgeted vs. FY2025
Budgeted (% Change)
Revenue
N\A $300.00 100%
Finance $19,208,057.00 -2.6%
Police $343,217.00 9.5%
Fire $312,952.00 -77.9%
Inactive $32,500.00 -99.2%
Parks & Recreation $370,570.00 -7.3%
Parks & ROW $171,164.00 27.7%
Golf Club $2,702,717.00 3.2%
Library $17,200.00 16.3%
Museum $81,100.00 5.6%
Cemetery $391,700.00 -1.2%
Planning & Zoning $54,228.00 -11.7%
Code Enforcement $37,000.00 15.6%
Facilties $150.00 0%
Streets $160,952.00 -12.5%
Sanitation/Solid Waste $5,418,451.00 8.7%
TDC $1,344,000.00 59.1%
Local Discretionary Half Cent Sales Tax Fund $2,706,008.00 N/A
Non-Departmental $1,239,113.00 -49%
Transfers Out