Fort Walton Beach Council agenda — 05-08-2007 regular agenda — reading text

CITY OF FORT WALTON BEACH Memorandum TO: Joyce Shanahan, City Manager THROUGH: Lisa Absher, Finance Director FROM: Charlotte Dunworth, Budget & Grants Manager RE: 2006- 07 Budget Amendment ( Resolution 07- 07) C)) DATE: May 3, 2007 Backaround Ordinance No. 1711, authorizing the Budget for fiscal year 2006- 2007, was adopted by City Council on September 20, 2006. The ordinance provides for amendments to the Budget by resolution with identification of expenditures and a corresponding revenue source. Discussion Effective in FY 2001- 02, the State of Florida created a flat tax rate for all communication services so that no type of service had a competitive price advantage over the other. The City budgets Communications Services Tax ( CST) revenue based on information provided annually by the Florida legislative Committee on Intergovernmental Relations ( lCIR). For FY 2006- 07, LCIR estimated the City' s revenue at $ 2, 334, 994; consequently, $ 2, 335, 000 was budgeted. The City has been advised by the Florida Department of Revenue ( DOR) that as a result of ongoing audit issues we were overpaid approximately $ 1. 7M in during the period June 2004 - September 2006 and will receive reduced CST revenues this year. Current year revenues are likely to be closer to $ 1. 5M rather than $ 2. 3M - a decrease of $82SK. Staff has identified General Fund budget cuts in the amount of $ 722, 982 and proposes increasing the appropriation from fund balance by $ 102, 018 in response to reduced CST revenues. The fiscal year 2006-2007 General Fund Adopted Budget is $ 19, 617, 698. A Budget Amendment in the amount of 722, 982> is necessary for the budget cuts, resulting in a General Fund Amended Budget of 18, 894, 716. The proposed adjustments to the 2006- 2007 General Fund Adopted Budget are outlined in the attached document. Recommendation Staff respectfully requests that City Council approve Resolution 07- 07 amending the Fiscal Year 2006- 2007 Budget as follows: 1. Amend the General Fund Budget by <$ 722,982> from $ 19, 617,698 to $ 18, 894, 716. pproved Denied Hold for Discussion 5~3 e A. Shanahan, City Manager U:\ Finance\Budget Amendmen1s\ 6udget Amend 00-07\4-24 cst staff report doc p J<,&~(  FY 2006- 07 General Fund Cuts by Department Account Description Amount none 0100 - City Council personnel Salary savings 3,412 001- 8500- 519- 31 00 Citizen Survey 20, 000 001- 1500- 519- 4000 TravelT/ raining 150 001- 1500- 519- 5200 Employee Morale 300 001- 1500- 519- 4700 Reduce Beach Bits to quarterly 3, 000 0200 - City Manager 26, 862 001- 0300- 513- 4700 Printing & Binding 750 001- 1500- 519- 4500 Insurance 3, 000 001- 1500- 519- 4501 Unrecovered Insurance Claims 5, 000 0300 - Human Resources 8, 750 001- 0400- 512- 4630 Equipment Repair - In House 75 001- 0400- 512-4915 Legal Advertising 100 001- 0400- 512- 5100 Office Supplies 150 001- 0400- 512- 5200 Operating Supplies 150 0400 - City Clerk 475 none 0500 - Finance Admin none 0510 - Finance Acctg 001- 0600-513- 51 00 Office Supplies 50 001- 0600- 513- 5200 Operating Supplies 275 001- 0600- 513- 5202 Computer Supplies 100 0600 - Purchasing 425 personnel Vacant Reserve Police Officer - qty 7 7, 791 personnel Vacant Police Officer - qty 1 57, 395 001- 0800- 521- 6406 Digitalin- Car Video System 6, 000 001- 5044- 521- 6997 Police Patio Canopy Cover 8, 000 001- 0800- 521- 5200 Operating Supplies 17, 275 0800 - Police 96,461 001- 0900- 522- 5210 Fire Honor Guard Uniforms 2, 575 001- 0900- 522- 6402 Fire Bunk Beds 1, 000 001- 0900- 522- 3102 Physicals & Immunizations 1, 770 001- 0900- 522- 3400 Contractual Services 43 001- 0900-522-4001 Tuition Reimbursement 520 001- 0900- 522-4631 Equipment Repair - Contracted 2, 500 001- 0900- 522- 4650 Grounds Maintenance - In House 300 001- 0900- 522-4800 Promotional Activities 19 001- 0900- 522- 5216 Medical Supplies 260 001- 0900- 522- 5231 Computer Hardware < $ 500 254 001- 0900- 522- 5232 Computer Software < $ 500 2 001- 0900- 522- 5400 Books, Dues, & Publications 893 001- 0900- 522-6401 Furniture 40 001- 0900- 522- 6407 Fire Equipment 12 0900 - Fire 10, 188 U:\ Budget\Budget 07- 08\ CsnCST FY 2006-07 Budget Cuts,x!s-To Council 1013 4/24/ 20077: 29 AM  FY 2006- 07 General Fund Cuts by Department Account Description Amount personnel Vacant Rec Specialist - Summer Camp 29,486 Vacant Summer Youth Worker - qty 8 11, 016 personnel Vacant Service Worker II - qty 1 30, 870 personnel 001- 5013- 572- 6997 Jet Stadium Parking 35, 000 001- 1500- 519- 4801 Band at City Picnic 1, 000 8, 000 001- 1500- 519- 4801 Sunday in the Park - cancel 2 of 3 001- 1500- 519- 4801 Kids' Day at the Landing - cancel 1 of 2 3, 500 2, 100 001- 1500- 519- 4801 Friday Night Flicks - replaced by sponsorship 001- 5117- 572- 6997 Hedrick Center Improvements 13, 075 1000 - Parks & Rec Administration 134, 047 001-