Fort Walton Beach Council agenda — 09-08-2010 Special-1st Public Hearing FY 10/11 Budget — reading text

expenses cut by $ 534K. the decrease in taxable assessed value. Capital Investment is up $ 977K or 27% as a result of Other Taxes total $ 4.4M and are the third 418K in excess General Fund reserves being used to largest revenue source at 12 %. Including fund vehicle and equipment replacements, as well as fuel tax, utility taxes, communication infrastructure needs. Additionally, $ 2M in services tax, and business -tax receipts, this revenue is CRA Fund reserves are budgeted for the anticipated to increase slightly due to utility taxes and Soundside affordable housing communications services taxi: receipts. development. BUDGETSUMMARYBUDGETSUMMARY FYFY 20102010 - - 1111 FY 2009 -10 VarianceVariance Variance General Fund 17, 633, 614 18, 609, 321 975, 707> 5. 2 %> LawLaw Enf.Enf. TrustTrust FundFund 12, 825 16,16, 825825 4, 000> 23. 8 %> LawLaw Enf.Enf. TrainingTraining FundFund 12, 050 30, 580 18,18, 530>530> 60. 6 %> CDBG Fund 152,152, 772772 142, 221 10, 551 7. 4% CRA Fund 3, 580, 362 1,1, 784,784, 249249 1, 796, 113 100.100. 7% 7% Debt Service Fund 420, 395 415, 725 4, 670 1. 1% Utilities Fund 7, 716, 168 8, 397, 890 681, 722> 8. 1 %> Sanitation Fund 3, 376, 275 3, 413, 650 37, 375> 1. 1%> Golf Fund 2, 196, 029 2, 527, 303 331, 274> 13. 1%> Stormwater Fund 565, 000 666, 027 101, 027> 15. 2 %> Beal Memorial Fund 42. 600 62. 900 20. 300> 32. 3 %> GRAND TOTAL 35,708, 090 36,066, 691 358,601> 1. 0 %> CityCity ofof FortFort WaltonWalton Beach,Beach, FLFL Executive Budget Summary Operating Budget Capital Improvements Budget 3291009992 396079098 10 2, 100 1, 800 1, 500 y 6 c1, 200 c0 r9i 4 t 900 I- 600 300 General Public Recreation CDBG/ Water/ Sanitation Debt Interfund Recreation CRA CRA Facilities Streets Water SewerStormwater Gov't CRA Sewer/ Service Transfers resid comm Safety Stormwater The FY 2010 -11 Operating Budget is categorized The FY 2010 -11 Capital Improvements Budget is into major functional areas. classified into major categories of improvements. Highlights for the upcoming year include: General Government is comprised of the City Council, City Manager, Human Recreation funding includes Hedrick Center Resources, IT, City Clerk, Finance, moisture intrusion correction and gym cooling Purchasing, Right -of -Way, Cemetery, system, and Ferry Park tennis courts resurfacing. Engineering, Building /Zoning, Code Enforcement, Fleet, Facilities, and Streets. These groups either CRA includes Soundside residential funding shape overall City policy and /or provide guidance affordable housing development and nuisance and assistance to other departments and the public. abatement. Public Safety includes the police and fire departments. The Police Department is responsible CRA commerical funding includes a for patrol, criminal investigations, community new economic incentive program to policing, communications /dispatch, and stimulate business retention and d records maintenance. The Fire Department development. C provides fire protection, suppression, and Street Resurfacing will occur on portions inspection; emergency medical services; rrzv ` of Odin Ln, North Sea Ln, Nordic Ln, Sea and fire safety education. Rover Ln, Viking Dr, Eagle St, Bay Ct, Recreation activities include neighborhood and Gregory Ave, Cecelia Dr, Lula Belle Ln, and tennis Merioneth Ct outside the CRA area. Within the facility parks, senior center, center, skateboard park, library, museum CRA area, portions of Kiwi PI, Park PI, Third St, complex, and two championship golf Shell Ave, Church Ave, Methodist Ave, Second St, courses. Windham Ave, Tupleo Ave, Lowery PI, Ferry Rd, and Brooks St will be resurfaced. CDBG provides assistance to low -mod Butler Dr and Howell drive will be paved. income families for housing rehab and CRA revitalizes slum and blighted areas. Water projects include continued water well itWater Sewer / /Stormwater includes the and tank maintenance. Sewer projects production and distribution of drinking include lift station rehabilitation, pump station water, collection and treatment of maintenance, and flow monitors. wastewater, and management of stormwater and environmental issues. Stormwater projects are