Fort Walton Beach Council agenda — 03-19-12--special--audit — reading text

averageaverage expectedexpected lifelife ofof thethe City'City' s PumpPump StationSt#(.ation #(. TheThe detailsdetails relatedrelated toto thisthis decrease decrease areare analyzedanalyzed furtherfurther inin thethe FinancialFinancial ImpactsImpacts sectionsection ofof thisthis discussion.discussion. PacketPacket P9P9 3030  3. 1. 1 Reported in Table 2 are the key elements of the decrease in net assets for the current year. Table 2 Total Activities I Attivifie, B T p G 2012 2011 3011 2011 2012 3011 Revenues Program Revenues: Cbalges for Services 1, 82e410 589253 b1, 77i179 761643 513. 642, 115 13,418,226 9,25.3 ISfi Operating Gmnls A, Conubutions 488, 403 02 331, 609 65. 496 CopitalGmutsandComnbunnas 156,] 94 351, 00fi General Revenue: 4, 295, 068 4, 48' 819 4, 295, 068 4482. 819 Properly Taxes 5, 93], 581 5993. 364 5, 931, 581 5993,] 64 Col... axes 154 ? 609 1, 386, 521 TaxhsremenlsforRedevelopmeot 1386,5'_ 1 1, 547, 609 3, 1] 0, 515 3134113 153. 283 IR289 30] 1, 232 3105, 824 Other Revenue 3133026fi 31926,] 09 18. 114. 844 r4, 407 13, 811465 Total Revenues 19, 202, 859 Expenses Primary Government Generul Goverrenent 4, 314, 050 3, 765, 53e 4114, 050 3365. 536 9, 805368 9206. 384 9, 805, 368 9.20(. 384 3839] 0 39375'_ Phr, kalEn, Physical oan 3839] 0 193752 L57( 1. 038 1, 592. 150 1 ,- o mg Tansportotion 0 15) 2, 1 SO 709, 603 545.; 42 707, 603 545, 242 Economic Ocvelopment 2, 880, 815 2fi73. 051 2, 880, 815 2, 637, 051 Culture 3 Rxrunion 254, 516 214, 4] 0 254, 516 214. 470 Debt Scvlce Interest Dusiness- Type Activities 9, 162926 7. 017, 160 9, 16'_. 926 7, 013, 160 2, 741266 2524. 994 2. 524, 994 U" hueian Uulitici 2, 7412fifi 2012165 2, 199, 453 2,012, 165 2J99, 453 Golf 339, 543 497. 211 339543 497, 211 Other 32206, 274 12. 599] 89 14, 3" 8, 8] 3 12. 26], 802 14. 22fi916 19. 938, 472 Total Espses m 876, 008) 673 480) 1859, 605 415451) tatter e( 1),— ese) Itt Net A), o, 2735. 613) 258029) bee Tmtofierx 1, 656. 032) 1682717) 1656032 1682, 717 Tmns@rs 5886521 1,588. 652] S, uri oo, - Impairment less 385. 079) 1098 168) 67' 480) 1079. 5811 1, 424, 688 1464660) Inrreose( Deerease) to Net Assets 6fi41"/, 750 67091230 40. 828J70 24. 164. 692 2626,860 NoASSets- 10/ 01111 42. 253058 24, I64, fi92 564953090 566. 41].] 50 41, 1] 3. 47] 42,253058 823 ] 79, fi13 NetAssets- 09/ 30/ 12 ourloavif dto— for. esith ea ere at Year presentaion. CurrentCurrent YearYear ImpactsImpacts — — GovernmentalGovernmental ActivitiesActivities GovernmentalGovernmental activitiesactivities decreaseddecreased thethe City'City' ss