Okaloosa County BOCC — August 1, 2016 — Airports PBB — reading text

$1,299,671 $946,118 $2,189,467 $1,543,107 ($646,360) -29.5% Other Uses $0 $0 $18,837,857 $24,651,249 $5,813,392 30.9% Total $9,009,921 $8,849,086 $29,415,471 $34,811,706 $5,396,235 18.3% ACCOUNTS: FY15 FY16 FY17 FY16/FY17 Increase/ Code Category Approved Approved Proposed +/- Decrease 10 Salaries & Wages $1,797,151 $1,853,827 $1,964,143 $110,316 6.0% Increase is due to a Contracts and Lease Coordinator position transferred from the General Fund and the $800 per employee raises. 20 Benefits 703,256 805,204 790,812 (14,392) -1.8% 31 Professional Services 369,550 287,900 331,000 43,100 15.0% Amount requested includes costs for professional services and is $89k below the current expenditures in FY2016. 32 Accounting & Auditing 36,500 36,500 40,000 3,500 9.6% Auditing costs are allocated by Department based on cost associated with CAFR preparation. Increase based on FY2016 cost. 34 Contract Services 1,724,271 1,730,416 1,811,702 81,286 4.7% 40 Travel & Per Diem 32,870 33,290 24,400 (8,890) -26.7% 41 Communications Services 26,960 24,150 22,286 (1,864) -7.7%  42 Freight & Postage 2,400 2,500 2,940 440 17.6% 43 Utility Services 810,000 761,500 927,950 166,450 21.9% Based estimate on average utility invoices during this FY; Electric is expected to increase 27% over FY2016 requested. 44 Rent & Leases 581,400 568,133 588,018 19,885 3.5% 45 Risk Management Allocation 273,503 311,160 240,078 (71,082) -22.8% 46 Repair & Maintenance 727,523 724,975 551,767 (173,208) -23.9% Decrease based on historical expenses and review of all know contracts and agreements. In addition, realignment of supply or miscellaneous type purchased into the correct account. 47 Printing & Binding 500 1,000 1,000 0 0.0% 48 Promotional Activity 308,500 341,000 358,000 17,000 5.0% Increase based on additional air service and passenger traffic. In addition, we’re requesting to carry forward $20k that was approved in FY15/16 for rebranding. 49 Miscellaneous Charges 25,738 16,450 20,750 4,300 26.1% 51 Office Supplies 13,250 12,010 7,010 (5,000) -41.6% 52 Operating Supplies 739,026 758,452 659,448 (99,004) -13.1% Decrease is largely due to the decrease in energy costs- Gas & Special Fuel account was decreased $100k based on the monthly average of the last 12 months. 54 Books/Pubs/Subs & Memberships 18,830 24,800 25,070 270 1.1% 55 Training & Education Expenses 47,870 36,950 25,250 (11,700) -31.7% Approval for all training and related organization membership costs will be approved by the Airports Director; requested budget is based on historical annual expenses. 60 Capital Outlay 1,675,591 57,930 225,726 167,796 289.7% Capital equipment purchases to include two electric shuttles (approved in FY2016), mower replacement, computer refresh (3), security camera replacements, and replacement of a roof at CEW ($40k-approved in FY2016 budget). 71 Principal 1,066,406 1,292,949 794,965 (497,984) -38.5% 2007 & 2014 Bond Schedules used to budget for Debt Principal Payments. 72 Interest 870,661 893,318 744,942 (148,376) -16.6% 2007 & 2014 Bond Schedules used to budget for Debt Interest Payments. 73 Other Debt Service Costs 3,000 3,200 3,200 0 0.0% 99 Reserves 12,108,074 18,837,857 24,651,249 5,813,392 30.9% TOTAL $23,962,830 $29,415,471 $34,811,706 $5,396,235 18.3% Variances within the account categories are due to the realignment of costs within expense accounts. A detailed analysis of actual expenses was used to generate the FY2017 budget.