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

Golf Purchase lots for construction of residential housing by Continue financial monitoring of Golf Club operations for non- profit housing agencies such as Habitat for Humanity. improvements. 100, 000 rounds anticipated. L. fill 9  I GENERAL FUND REVENUES I General Fund revenues fund basic City services. FY 200.t- Os; Estimated Revenues Slb,.tbl, 69s; I Ad Valorem Taxes · $3,919,709 InIerest & The expected increase is due to a 6. 35% increase other in gross taxable assessed property value. R8IIeI1ue& 3% I Other Taxes · $5,238,350 The expected increase is attributable to increased usage of power and water services by residents. I Charges for Services · $873, 115 The expected increase is attributable to increased usage of services by residents. I Property Tax: Much Did We Receive? I 2002 2003 Sales Tax: How Much Did We Receive? Ho"" Fort Walton Beach otIw Cities 7.9CII 3.0% I FII'e Di8bicts 5.9CII I 0IcaI00sa I County 68Cf1 Yeer 2002 property tax revenues were received during the City's 2002-03 fiscal budget year. While 3M>> of the sales tax generated in the County is collected in the CIty, the State only remits 9'11 to the City. I General Fund Reyenues and Expenses ( h;'l 11~ c. 1i ) l". lr il1l1111hon~ 01 dolJ.lnJ I mD1ET -.- 0fiA1K* TRE> m General Fund revenues and ecpenses must balance when the annual budget is adoJUd prior to the start of the fiscal year. The adoJUd General Fund budget has COIIsiste.ItIy remained below the inflation rate. In i 10 5 I fact,for FY 2004-05 It is 13.21 ' It less than the amount 1995- 1996- 1997- 1998- 19118- 2000- 2001- 2002- 2003- I 2004- calculated based on inflation over the past ten years. W ~ 99 00 ~ ~ m M ~ Key Statistics for the City of Fort Walton Beach I Date of lnoorporation: June 16, 1941 Paved streets: 97.7 miles Form of Government: Council & Manager Water & Sewer Unes: 233.62 miles GeogIaphIc.Area:7.41 square miles ToCaI .!I n n mt Value: $ 918, 487,231 Acres of De\'!IDped & Uncteo-eIoped Parks: 143.55 Number of Facifdy & Neighborhood Parks: 82 I CIty Millage Rate: 4.9700 Police stations: 1 Population: 20,619 City Employees: 339 full time, 92 part time Fire stations: 2 Libraries: 1 I Sworn PoI'lCe Officers: 54 Museums: 3 Firefighting Personnel: 31 Golf Cowses: 2 I 10 II Ii II. i. L. I In this section: City Council c City Manager i City Clerk c Community Development Services Dept. f III Finance Dept. Golf Club L. Human Resources Dept. pi! L. Management Information Services Dept. Parks and Recreation Dept. Police Dept. Public Works Dept. c Purchasing Dept. I L.  City Council The City Council is the legislative body of the City and it is composed of the Mayor and seven Council Members, elected for four years, staggered terms. The City Council Director. The City appoints the City Manager, City Clerk, City Attorney and Finance Council initiates all ordinances and resolutions setting City Policy. Additionally, the City Council adopts an annual budget and appoints all members of Boards and Committees. Goals and Objectives: Maintain the economic base and infrastructure needed to provide the optimum environment for the quality of life expected by citizens. Be a leader among cities and in the region at large in delivering outstanding quality services to all citizens through innovative and efficient use of resources. Preserve the great and unique qualities of the City and build upon them to create a well-balanced community for current and future generations. Current Issues and Challenges See Strategic Plan. lilt 11  I I