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

Page 157  Budgeted and Historical Expenditures by Expense Type 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 Grants & Aids Other Financing Activity Capital Outlay Operating Expenditures Personnel Services Name Account ID FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Expense Objects Personnel Services $28,540,810.00 2.7% Operating Expenditures $19,892,887.00 -8.8% Capital Outlay $6,833,525.00 -68.5% Grants & Aids $188,709.00 0% Other Financing Activity $5,102,395.00 2.4% Total Expense Objects: $60,558,326.00 -20.8% City of Fort Walton Beach | Budget Book 2025 Page 158  General Fund (Major Fund) Summary $50M $40M $30M $20M Actual Revenue Source Budgeted Revenue Source Actual Expenditures $10M Budgeted Expenditures $0 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 General Fund (Major Fund) Comprehensive Summary Name Account ID FY2025 Budgeted Beginning Fund Balance: N/A Revenues Ad Valorem Taxes Finance TXS-GF/TXS-ORIG TIF 001-0500-311.10-00 $7,505,843.00 Total Finance: $7,505,843.00 Total Ad Valorem Taxes: $7,505,843.00 Other Taxes Finance FIRST LOCAL OPTION FUEL 001-0500-312.41-00 $631,498.00 SECOND LOCAL OPTION FUEL 001-0500-312.42-00 $279,708.00 ELECTRIC UTILITY TAX-GULF 001-0500-314.10-00 $2,663,438.00 WATER UTILITY TAX 001-0500-314.30-00 $356,598.00 GAS 001-0500-314.40-00 $343,409.00 PROPANE 001-0500-314.80-00 $10,242.00 COMMUNICATIONS SERVS TAX 001-0500-315.10-00 $1,246,378.00 BUSINESS TAX RECEIPTS 001-0500-316.10-00 $258,162.00 Total Finance: $5,789,433.00 City of Fort Walton Beach | Budget Book 2025 Page 159  Name Account ID FY2025 Budgeted Police INS PREM TAX/POL PENSION 001-0800-312.52-00 $267,370.00 Total Police: $267,370.00 Fire INS PREM TAX/FIRE PENSION 001-0900-312.51-00 $275,000.00 Total Fire: $275,000.00 Total Other Taxes: $6,331,803.00 Licenses and Permits Finance ELECTRIC - GULF POWER 001-0500-323.10-00 $1,984,237.00 GAS - OKALOOSA GAS 001-0500-323.40-00 $285,444.00 SOLID WASTE 001-0500-323.70-00 $38,039.00 Total Finance: $2,307,720.00 Police TAXI PERMIT/BICYCLE REGIS 001-0800-329.40-00 $50.00 Total Police: $50.00 Fire ZONING SITE PLAN REVIEW 001-0900-329.20-10 $4,232.00 Total Fire: $4,232.00 Planning & Zoning PLAN REVIEW 001-1205-329.10-01 $39,755.00 ZONING SITE PLAN REVIEW 001-1205-329.20-00 $14,273.00 STATUTORY SURCHARGE 001-1205-329.90-10 $200.00 Total Planning & Zoning: $54,228.00 Total Licenses and Permits: $2,366,230.00 Intergovernmental Revenue Finance MUNICIPAL REVENUE SHARING 001-0500-335.12-21 $1,157,723.00 MOBILE HOME LICENSES 001-0500-335.14-00 $12,008.00 ALCOHOLIC BEVERAGE LIC 001-0500-335.15-00 $51,857.00 SALES TAX 1/2 - 5TH CENT SURTAX 001-0500-335.18-00 $2,370,038.00 BUSINESS LICENSE-MUNI SHR 001-0500-338.10-00 $13,385.00 Total Finance: $3,605,011.00 Fire FIRE SUPPLEMENTAL COMP 001-0900-335.21-00 $6,720.00 Total Fire: $6,720.00 City of Fort Walton Beach | Budget Book 2025 Page 160  Name Account ID FY2025 Budgeted Non-Departmental CULTURE/RECREATION 001-1500-337.70-00 $100,636.00 Total Non-Departmental: $100,636.00 Total Intergovernmental Revenue: $3,712,367.00 Charges for Services Finance ADMIN SERVICE FEES 001-0500-341.30-00 $50.00 Total Finance: $50.00 Police LAW ENFORCEMENT SERVICES 001-0800-342.10-00 $1,057.00 ADMINISTRATIVE FEES 001-0800-342.16-00 $4,240.00 PHOTO COPIES 001-0800-342.18-00 $6,000.00 Total Police: $11,297.00 Fire SAFETY PERMITS & LICENSES 001-0900-342.22-00 $2,000.00 SAFETY INSPECTION FEES 001-0900-342.27-00 $25,000.00 Total Fire: $27,000.00 Parks & Recreation PROGRAM REVENUE 001-1000-347.20-00 $192,809.00 NOT CITY STAFF PROVIDED 001-1000-347.20-11 $40,000.00 SOFTBALL INSTRUCTION PROGRAM 001-1000-347.20-12 $26,812.00 SPONSORSHIP REVENUE 001-1000-347.21-00 $53,580.00 RENTALS 001-1000-347.22-00 $13,298.00 RENTALS 001-1000-347.22-10 $16,000.00 MEMBERSHIPS 001-1000-347.56-10 $28,071.00 Total Parks & Recreation: $370,570.00 Parks & ROW OTHER TRANSPRTN REVENUE 001-1010-344.90-07 $43,496.00 RENTALS TAXABLE 001-1010-347.22-00 $90,000.00 RENTALS TAX EXEMPT 001-1010-347.22-10 $32,000.00 Total Parks & ROW: $165,496.00 Golf Club GREENS FEES 001-1040-347.50-00 $1,236,711.00 TOURNAMENT FEES - TAXABLE 001-1040-347.50-20 $7,000.00 TOURNAMENT FEES - TAX