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

325,459 262,556 581-9102 Transfer to General Fund - Franchise Fee 275,348 4.87% $ 543,965 $ 633,930 $ 840,829 $ 787,060 Total Other Financing Activity $ 750,297 -4.67% $ 836,822 $ 903,011 $ 1,593,693 $ 1,086,601 TOTAL EXPENSES $ 1,170,229 7.70% 20.00 20.00 - 20.00 Number of Funded Employees (FTE's) 20.00 0.00% 3,018,414 3,734,527 3,161,680 3,194,956 Solid Waste 3,378,922 5.76% 142,898 161,176 136,264 232,138 Recycling 197,801 -14.79% 836,822 903,011 1,593,693 1,086,601 Non-Departmental 1,170,229 7.70% (107,725) (540,751) (417,911) - Reclassification of Capital Outlay - 0.00% $ 3,890,409 $ 4,257,964 $ 4,473,726 $ 4,513,696 TOTAL FUND EXPENSES $ 4,746,952 5.17% $ (1,536) $ (256,733) $ 247,460 $ - NET REVENUE / (EXPENSE) $ (0) 0.00% 160 1500-NonDept_403 8/30/2022 7:34 AM  Stormwater Fund The Stormwater Fund encompasses 1.93% of the City’s activities and services and accounts for stormwater management operations that are financed and operated in a manner similar to a private business – where the intent is that the cost (expenses, including depreciation) of providing the services be financed and recovered through user charges. This fund accounts for stormwater, storm drainage, and water quality initiatives. Revenue Highlights $1,800,000 Budget. $1,600,000 $ Change % Change ……2022-23 $1,400,000 Charges for Services $1,034,769 7,356 0.7% $1,200,000 Intergov’t Revenue 0 (200,000) (100)% $1,000,000 Interest,Other & Approp 61,288 (437,548) (719.8)% $800,000 $1,096,057 (630,192) (57.5)% $600,000 $400,000 $200,000 $0 Actual Actual Budget Budget Budget 2018-19 2019-20 2020-21 2021-22 2022-23 Intergov't Revenue Charges for Services Interest & Other Interfund Transfers Appropriations  A new five-year utility rate study was implemented on October 2020; for FY2022-23, Year 3 of the rate study will be implemented with no changes to the Stormwater User Fees. The implementation makes sure the required rates are in place to generate sufficient revenue to sustain renewal and replacement reserves and account for debt service requirements. Expenditure Highlights $1,800,000 $1,600,000 Budget. $1,400,000 ……2022-23. $ Change % Change Personal Services $398,583 20,861 5.2% $1,200,000 $1,000,000 Operations & Maintenance 291,321 (6,781) (2.3)% $800,000 Capital Outlay/Imprvmt 0 (600,900) (100)% $600,000 Debt Service 136,000 0 0.0% $400,000 Interfund Transfer 270,153 (43,372) (16.1)% $200,000 Replenish Reserves 0 0 0.0.% $0 $1,096,057 (630,192) (57.5)% 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 Replenish Reserves *Expenses shown on a cash basis, exclusive of reclassifications for the audited financial statements.*  The decrease in Capital Outlay is due to CIPs already allocated and set for construction/design for Stormwater Drainage Improvements on Cecelia Drive NW and for the Design of Regional Stormwater Management Facilities in the Mar Walt Drive Area and the CTP (both funded via State grants). 161  405 STORMWATER FUND - REVENUES Actual Budget 2021-22 2022-23 % 2018-19 2019-20 2020-21 Adopted Adopted Change 585,090 585,811 585,561 581,481 1380-343-7001 Stormwater Management Fee - Residential 586,653 0.89% 442,220 449,222 449,966 445,932 1380-343-7101 Stormwater Management Fee - Commercial 448,116 0.49% $ 1,027,310 $ 1,035,033 $ 1,035,528 $ 1,027,413 Total Stormwater Operations $ 1,034,769 0.72% $ 1,027,310 $ 1,035,033 $ 1,035,528 $ 1,027,413 TOTAL CHARGES FOR SERVICES $ 1,034,769 0.72% 4,480 155,440 - 200,000 15XX-334-3600 State Grants - -100.00% $ 4,480 $ 155,440 $ - $ 200,000 Total State Grants $ - -100.00% $ 4,480 $ 155,440 $ - $ 200,000 TOTAL INTERGOVERNMENTAL REVENUE $ - -100.00% 21,209 15,465 9,295 500 1500-361-1000 Interest Income 500 0.00% $ 21,209 $ 15,465 $ 9,295 $ 500 Total Interest Income $ 500 0.00% $ 21,209 $ 15,465 $ 9,295 $ 500 TOTAL INTEREST & OTHER REVENUES $ 500 0.00% - - - 498,335 1600-389-9300 Appropriation from Retained Earnings 60,784 -87.80% $ - $ - $ - $ 498,335 Total Non-Operating Sources $ 60,784 -87.80% $ - $ - $ - $ 498,335 TOTAL TRANSFERS IN $ 60,784 -87.80% $ 1,052,999 $ 1,205,939 $ 1,044,823 $ 1,726,249 TOTAL FUND REVENUES $ 1,096,057 -36.51% 162 405-Revenues 8/28/2022 3:15 PM  405 STORMWATER FUND - 1380 STORMWATER Actual Budget 2021-22 2022-23 % 2018-19 2019-20 2020-21 Adopted Adopted Change Personnel Services: 6.00 6.00 6.00 6.00 Number of Funded Employees (FTE's) 6.00 183,197 201,371 212,331 246,490 538-1200 Regular Salaries 257,204 4.35% - 408 - - 538-1201 Service Awards 5,200 100.00% 600 - - - 538-1202 Incentive/Merit Pay - 0.00% 1,021 4,471 1,223 1,000 538-1400 Salaries - Overtime 1,500 50.00% 10,575 12,161 12,720 14,560 538-2100 FICA Taxes 15,267 4.86% 2,473 2,844 2,975 3,405 538-2101 Medicare 3,570 4.85% 46,840 41,430 36,865 20,803 538-2200 Retirement Contributions 13,255 -36.28% 3,686 4,269 6,105 8,377 538-2204 Retirement Contributions - DC Plan