Fort Walton Beach Council agenda — 05-20-08 special agenda - budget policy issues — reading text

Fuel Insurance and 2005. Capital Outlay —Includes the purchase of computers, vehicles, equipment, and other assets with a value greater than $ 500 and a useful life of more than two years. Capital outlay purchases are identified in a five -year replacement schedule, but replacements are limited to essential, ageing assets required to maintain current service levels due to funding constraints. Capital outlay expenses decreased 21% or 288K in FY 2007 -08 as a result of the fiscal limitations of property tax reform and declining revenues. Capital Improvements —The acquisition, construction, replacement, renovation, or repair of facilities and infrastructure with a value greater than $ 25,000 and a useful life of ten years or more ( e.g. buildings and facilities, parks, streets and sidewalks, as well as water and sewer lines, tanks, and pumps) are identified in the City' s five -year Capital Improvements Program. The 18% or $ 396K decrease in FY 2007 -08 reflects the fiscal limitations of property tax reform and declining revenues. 11 of 34 FY 2008 -09 Budget Policy Meeting BENCHMARKING Benchmarking is useful in ascertaining how the services offered and taxes levied by the City of Fort Walton Beach compare to municipalities of similar size and service levels. The cities selected as benchmarks offer many of the same services as Fort Walton Beach, though some offer additional services such as lifeguards /ocean rescue, electric utility, or marina and others contract for police or fire. Taxable Milla a Assessed Annual Citywide Municipality Population Rate Value Budget FTE' s FL Location Casselberry 25, 013 4. 3140 1. 5998 45.8M 253 C Edgewater 21, 770 5. 2271 1. 197B 31. 6M n/ a E Fort Walton Beach 21, 008 4. 1986 1. 472B 36. 6M 363. 24 NW Jacksonville Beach 22, 253 3. 6556 3. 1808 160. 3M n/ a NE New Smyrna Beach 23, 286 3. 1000 3. 750B 71. 9M 271. 75 E Oakland Park 42, 081 4. 7662 3. 536B 113. 8M n/ a SE Panama City 37, 640 3. 7610 2.486B 76. 3M 571. 5 NW Pensacola 55, 024 4. 5980 3. 3688 211. 8M 971 NW Tarpon Springs 24, 628 4. 3089 1. 945B 64. 3M 301 W Venice 22, 149 2. 9390 4. 3698 68. OM 289. 58 SW Winter Haven 33, 569 5. 9240 2. 1898 164. 1 M 508 C Winter Park 28,486 4. 3073 4.477B 149. 2M n/ a C ADAD VALOREMVALOREM PERPER CAPITA CAPITA 800800 700700 600600 500500 400400 300300 200200 100100 00 EdgewaterEdgewater FortFort Walton Walton TarponTarpon WinterWinter Oakland Oakland NewNew SmyrnaSmyrna JacksonvilleJacksonville VeniceVenice WinterWinter ParkPark Panama Panama CityCity CasselberryCasselberry PensacolaPensacola BeachBeach SpringsSprings HavenHaven ParkPark BeachBeach BeachBeach POLICEPOLICE PROTECTIONPROTECTION AA nnnnnn n_.... n_.... a:.. a:... . 1010 0:0: 0000 1:1: 0000 2:2: 0000 3:3: 0000 4:4: 0000 5:5: 0000 6:6: 0000 7:7: 0000 8:8: 0000 9:9: 0000 0.0. 00 0.0. 55 1.1. 00 1.1. 55 2.2. 00 2.2. 55 3.3. 00 1212 ofof 3434 FY 2008 -09 Budget Policy Meeting FIRE PROTECTION UW.MNN C- - - 1 4 AAA 0: 00 1: 00 2: 00 3: 00 4: 00 5: 00 6: 00 7: 00 8: 00 0. 0 0. 5 1. 0 1. 5 2. 0 2. 5 EMS PROTECTION GOLF ROUNDS Rounds per 18 Holes 41, 099 62,532 166, 187 3 0: 00 1: 00 2: 00 3: 00 4: 00 5: 00 6: 00 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 13 of 34 FY 2008 -09 Budget Policy Meeting PARKS & RECREATION Acres of Parks Number of Parks 41. 2 i 0 5 10 15 20 25 30 35 40 45 0 20 40 60 80 100 WATER & SEWER Effluent Treated Tarpon Springs 0. 1 Jacksonville Beach 1. 2 agama City 40. 6 53. 8 56. 4