Fort Walton Beach Council agenda — 03-24-05 — reading text

Code systems for all of the major utilities to ensure the greatest Enforcement, protection of the health, safety, and welfare of the citizens Bldg Inspections and the natural environment. 19.8% Environmental Resources ~ Promote the highest level of environmental quality within the City, capitalizing on Choctawhatchee Bay and its tributaries and the Santa Rosa Sound as the focal points of the community for estuary preservation, public and civic celebration, recreation, and compatible new development. II. Land Use ~ Streets, Parks, Library, Sidewalks, Enhance the visual quality of the built environment in the Museums, Golf, Utilities, Right of etc. City and ensure that the regulatory framework for land use 14. 1% Way planning is clear, easy to use, and reinforces the Vision Grants & Aids 32. 9% Plan goals and objectives. 0. 3% pili 5  I FY 2004- 05 BUDGET SUMMARY · ALL FUNDS I It remains a great source of civic pride that, despite unfunded mandates, inflation, & augmented service levels, the ad valorem tax rate can be sustained at the relatively low level of 4. 9700 mills for the 11th consecutive year. FY%OO~ OSBUDGETS~ Y I Adopted Adopted Budget FY 2004- 05 Budget FY 2003-04 Dollar Variance Percent Variance I General Fund 16,461, 695 15, 615, 997 845, 698 5.42% Law Enforcement Trust & Training Funds CDBG Fund 60, 287 189, 000 63, 747 ( 182, 000 3, 460) - 7, 000 5. 43% 3. 85% I CRA Fund 945,368 807, 180 138, 188 17. 12% Debt Service Funds 473, 593 404,992 68,601 16. 94% I Capital Projects Funds 666, 813 ( 666, 813) - 100.00% Utilities Fund 6, 212, 757 6, 172, 505 40,252 0. 65% Sanitation Fund 3,453, 501 3, 539, 941 ( 86, 440) - 2. 44% I Golf Fund 2,482, 522 2, 642, 529 ( 160,007) - 6. 06% Beal Memorial Fund 63, 100 72, 538 ( 9,438) - 13. 01% Total Budget $ 30,341 ,823 $ 30, 168,242 173, 581 0. 58% I Special Project Carry- Overs 3, 109, 741 3, 586, 630 ( 476,889) - 13. 30% Key Expenditure Changes - By Function I Personal Services Capital Improvements This category comprises 55% of the City' s budget and staff 481, anticipates a 3. 0% or $ 077 increase. The City continues The 2004-05 five- year Capital Improvement Plan identifies approximately $ 25 million in future needs. Each year existing I its commitment to provide exemplary service with respect to projects are reviewed, new projects added, and priorities public safety and retain experienced personnel. In addition to the salary adjustments on 10/ 01/ 04 noted realigned as needs and fiscal resources change. The City's commitment to the expansion and modernization of I above, a one step increase on an employee' s anniversary infrastructure and recreation facilities continues. The decrease date based upon a satisfactory performance evaluation of 0.62% or $ 12, 223 reflects the recent completion of major is proposed. projects. I Capital Outlay Transfers I These expenses are expected to increase by 7. 19% or Transfers out are considered non- operating expenses because 29, 031 resulting from the replacement of aging they are not a cash outlay. A large portion of these are equity vehicles, equipment, and computers. transfers between funds. The average age of the City' s fleet is 8.5 years. The decrease of 13. 98% or $ 446, 152 is due to eliminating Contingencies/ Reserves the Capital Projects Fund transfer and reclassifying the CRA Fund transfer to the General Fund, as well as eliminating renewal and I The purpose of this line item is to have funds available to replacement in the Sanitation and Golf Funds. meet unexpected repairs or unanticipated needs. The decrease of 10. 27% or $ 45, 188 is due to a reduction in Operations and Maintenance I contingency funds for the Utilities & Golf funds. These expenses increased by 2. 05% or $ 167, 036 due to various cost increases for fuel and oil, electricity, paper, etc. Citizens overwhelmingly report being satisfied with the level of services received for their tax dollars, as I indicated by 92% of residents contacted as part of the Citizen Satisfaction Survey conducted in October 2003. The City's $ 30, 341, 823 budget for FY 2004-05 does not exceed the inflation rate for the past 10 years. I In fact, it is 2.40% lower than the amount calculated using the Consumer Price Index. I 6 L. This year' s capital improvements budget totals $ 1, 960, 969 and Improvements are scheduled for