Fort Walton Beach — Fiscal Year 2022-23 Adopted Budget — reading text

$144.6 per $1,000 of taxable property value. Expenditure Highlights $30 Budget. ……2022-23 $ Change % Change $25 Personal Services 20,924,115 1,438,776 7.4% Operations & Maintenance 7,394,543 3,183,251 75.6% $20 Capital Outlay/Imprvmt 2,388,450 108,295 4.7% Millions Debt Service 0 (1,685,497) (100)% $15 Interfund Transfers Out (2,188,170) (2,223,187) (6,348.9)% Replenish Reserves 0 0 0.0% $10 $28,518,938 821,640 2.9% $5 $0 Actual Actual Budget Budget Budget 2018-19 2019-20 2020-21 2021-22 2022-23 Personal Services Operations & Maintenance Capital Outlay/Imprvmt Debt Service Interfund Transfers  Operating expenses increased due to increasing cost of utilities, as well as maintaining sustainable operations.  Debt Service is accounted for in sub-fund 201.  The State of Florida shared revenues have rebounded and are forecast to increase 16.33% year-over- year. 49  001 GENERAL FUND - REVENUES Actual Budget 2021-22 2022-23 % 2018-19 2019-20 2020-21 Adopted Adopted Change 6,380,248 6,518,096 6,608,861 6,870,632 0500-311-1000 Ad Valorem Taxes 7,438,755 8.27% $ 6,380,248 $ 6,518,096 $ 6,608,861 $ 6,870,632 Total Ad Valorem Taxes $ 7,438,755 8.27% 602,969 602,302 690,797 606,071 0500-312-4100 Local Option Fuel Tax 702,541 15.92% 272,119 272,915 291,616 272,432 0500-312-4200 Local Option Fuel Tax - 2nd 295,699 8.54% - 2,016,085 2,433,848 2,073,115 1499-335-1800 Local Discretionary Sales SurTax 2,288,715 10.40% 221,641 217,473 223,280 217,473 0800-312-5200 Insurance Premium Tax - Police Pension 223,280 2.67% 219,901 209,722 235,435 209,722 0900-312-5100 Insurance Premium Tax - Fire Pension 235,435 12.26% $ 1,316,630 $ 3,318,498 $ 3,874,976 $ 3,378,813 Total Other Taxes $ 3,745,669 10.86% 2,302,895 2,342,442 2,400,596 2,316,733 0500-314-1000 Electric 2,439,005 5.28% 324,634 328,306 359,385 332,682 0500-314-3000 Water 338,005 1.60% 286,738 276,238 305,609 284,346 0500-314-4000 Gas 286,189 0.65% 9,566 7,973 9,584 9,500 0500-314-8000 Propane 9,510 0.11% $ 2,923,832 $ 2,954,959 $ 3,075,173 $ 2,943,261 Total Utility Taxes $ 3,072,709 4.40% 1,121,252 1,069,564 1,061,331 1,020,189 0500-315-1000 Communications Services Tax 1,035,136 1.47% $ 1,121,252 $ 1,069,564 $ 1,061,331 $ 1,020,189 Total Communications Services Tax $ 1,035,136 1.47% 183,186 188,204 167,959 160,335 0500-316-1000 Business Tax Receipts 154,775 -3.47% $ 183,186 $ 188,204 $ 167,959 $ 160,335 Total Business Tax Receipts $ 154,775 -3.47% $ 11,925,148 $ 14,049,320 $ 14,788,299 $ 14,373,230 TOTAL TAXES $ 15,447,045 7.47% 1,826,104 1,829,865 1,886,887 1,820,548 0500-323-1000 Electric 1,838,997 1.01% 243,043 216,596 241,106 219,811 0500-323-4000 Gas 230,142 4.70% 23,570 23,841 18,095 23,258 0500-323-7000 Solid Waste - Host Fee 23,886 2.70% $ 2,092,718 $ 2,070,302 $ 2,146,088 $ 2,063,617 Total Franchise Fees $ 2,093,025 1.43% 1,368 - - 342 1240-325-1002 Girard Avenue - -100.00% 6,680 6,876 468 516 1240-325-1003 Stokes Avenue 516 0.00% 761,048 1,131,138 1,116,527 0900-325-1310 Fire Assessment Fee 1,123,927 0.66% $ 8,048 $ 767,924 $ 1,131,606 $ 1,117,385 Total Special Assessments $ 1,124,443 0.63% 105 90 45 90 0800-329-4000 Taxi Permit/Bicycle License 50 -44.44% 30 10,115 14,834 6,500 0900-329-2010 Fire Safety Plan Review 6,400 -1.54% 16,596 25,617 130,897 22,000 1205-329-1001 Zoning/Variances Fees 23,500 6.82% 4,173 16,024 18,684 9,200 1205-329-2000 Zoning Site Plan Review 8,500 -7.61% 350 200 200 514 1205-329-9010 Licenses & Registrations - Golf Cart 260 -49.42% $ 21,254 $ 52,046 $ 164,660 $ 38,304 Total Other Licenses & Permits $ 38,710 1.06% $ 2,122,020 $ 2,890,273 $ 3,442,353 $ 3,219,306 TOTAL LICENSES & PERMITS $ 3,256,178 1.15% 28,830 32,632 33,889 31,000 0500-333-1000 Housing Authority 27,000 -12.90% $ 28,830 $ 32,632 $ 33,889 $ 31,000 Total Federal Payments In Lieu of Taxes $ 27,000 -12.90% - - 252,317 - 1500-331-5017 Hurricane Sally - 0.00% - - 222,492 109,865 1592/5-331-2050 Federal Grants - Police COPS Grant (FY23 Yr 3 of 3) 109,865 0.00% 398,393 399,861 169,134 1593/4-331-2055 Fed Grants-Fire Safer Grant(FY22 Yr 3 of 3) & Asst FF - -100.00% - 3,089,741 702,459 - 1500-331-1000 COVID-19 Cares Act - 0.00% $ - $ 3,488,134 $ 1,324,813 $ 278,999 Total Federal Grants $ 109,865 -60.62% - 500 - 100,000 1597-334-4901 State Grants - -100.00% $ - $ 500 $ - $ 100,000 Total State Grants $ - -100.00% 50 001-Revenues 8/28/2022 1:06 PM  001 GENERAL FUND - REVENUES Actual Budget 2021-22 2022-23 % 2018-19 2019-20 2020-21 Adopted Adopted Change 930,735 870,764 1,001,457 834,060 0500-335-1221 Municipal Revenue Sharing 1,014,357 21.62% 9,132 11,124 8,857 12,150 0500-335-1400 Mobile Home Licenses 10,508 -13.51% 42,726 44,454 42,408 44,800 0500-335-1500 Alcoholic Beverage License 49,432 10.34% 2,174,233 2,048,977 2,605,199 2,065,526 0500-335-1800 Sales Tax 1/2 - 5th Cent 2,366,273 14.56% 10,596 7,720 9,482 8,500 0900-335-2100 Fire Supplemental Compensation 8,600 1.18% $ 3,167,423 $ 2,983,039 $ 3,667,402 $ 2,965,036 Total State Shared Revenues