Fort Walton Beach Council agenda — 09-21-05 Budget — reading text

1'TOO- 9- 1W~~ a or tho QIy Hal 85() 333- 99~ R~. ' J at 48 mr:w hours in adwnat of 1M in~-:'= noim. 83'3- 9509 3778. Sop< 9.  i j. W City of Fort Walton Beach i~\\'\ V America' s Most Beautiful Beaches 107 Miracle Strip Parkway, SW * P. O. Box 4009 * Fort Walton Beach, FI32549 r;"," Cv Q .;;"'! F'; \~. ;:;- 1.' '?-' i 1\ 5" \ ~.~\'\' 850) 833- 9500 * Fax ( 850) 833- 9640 * TDD ( 850) 833- 9925 www.fwb. org TDD ( 850) 833- 9925 Helen Spencer City Clerk September 19, 2005 850) 833- 9509 hspencer~ fwb. org TO: DAILY NEWS Fax # 863- 7834 WKSM RADIO 99 ROCK NEWS DEPT. Fax # 664- 0203 WYZB RADIO COUNTRY 105 NEWS DEPT. " WFTW TALK RADIO 1260 AM " WWSF RADIO 98 SURF Fax # 994- 7191 WWAVRADIOWAVE 102 Fax # 654- 5385 WPSM RADIO 91.1 FM Fax # 244- 3254 FAV AM STEREO Fax # 243- 1471 WMMK RADIO K-92 " DESTIN LOG Fax # 654- 5982 WEAR CHANNEL 3 TV Fax # 862- 3001 CHANNEL 6 Fax # 862- 1708 CUMULUS BROADCASTING Fax# 243- 6806 PRESS RELEASE CITY OF FORT WALTON BEACH NOTICE OF COUNCIL WORKSHOP The City Council Workshop scheduled for Tuesday, September 20, 2005 has been cancelled and rescheduled for Wednesday, September 21, 2005 to begin immediately following the Special Council meeting set for 5: 30 p. m. Any person who decides to appeal any decision made with respect to any matter considered at this meeting will need a record of the proceedings, and for such purpose may need to ensure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based. ( FS 286. 0105). The City of Fort Walton Beach adheres to the Americans with Disabilities Act and will make reasonable modifications for access to this meeting upon request. Please call the City Clerk, Helen Spencer at 850- 833- 9509 to make a request. For Hearing Impaired, call the City Hall TDD # 833- 9925, or 1- 800- 955- 8771 ( TDD), or 1- 800- 955- 8770 (Voice). HELEN A.SPENCER CITY CLERK 833- 9509 I:\LEGALS\ COUNCIL\PRESS\ PRESS48. DOC I i NO.TICE OF PROPOSED TAX INCREASE The City of Fort Walton Beac~ has tentatively' adopted a measure to increase its pr9perty tax levy. Last year's property tax levy: A. Initially proposed tax 4, 564, 882 levy..................$ B.. Less tax reductions due to Value Adjusimenti Board and other ass.essment 2, 524 changes...............$ C. Actual property tax 4, 562, 358 levy.....................$ THIS YEAR' S P~ OPOSED TAX 5, 478, 636 LEVY.......................$ All concerned citizens are invited to attend a public hearing on the tax increase to be held on Wednesday, September 21, 2005 . 5: 30 EM. at City of Fort Walton Beach CouncilChartibers 107 Miracle Strip Parkway; Fort Walton Beach, FL 32548 A FINAL DECISION on the proposed tax increase and the, budget will be made at this hearing. q 1&/ D5 . 588859  BUDGET SUMMARY CITY OF FORf WALTON BEACH, FLORIDA - FISCAL YEAR 2005- 2006 THEp,ROPOSED OPERATING BUDGET FXPENDITURES OFTHE CITY OF FORT WALTON BEACH, FLORIDA ARE 10. 0% MORE THAN LAST YEAR' S TOTAL OPERATING EXPENDITURES.' . atper General Governmental Enterprise Fund Funds Funds Total Fund Balance Brought Forward 527 10,479, 3, 561, 959 7, 890,602 21, 932, 088 Estimated Revenues: Ad ValQrem Milage.Rate 4. 9700 per $ 1 , 000) Ad Valorem Taxes 5, 204,704 5, 204, 704 Other Taxes 5, 550, 000 5, 550,000 Licenses and Permits 399, 931 399, 931 Intergovernmental Revenue . 2, 775, 200 210, 298 2,~ 85,498 Charges for Services 923, 260 12, 364, 810, 13, 288,070 Fines & Forfeitures 283,300 23, 002 306, 302 Interest & Other Revenues 550, 800 57, 504 296, 005 904, 309 Other Financing Sources 1, 317, 708 2, 123, 955 37, 000 3,478, 663 Total Revenues & Ot~er Financing Sources 17, 004, 903 2,414, 759 12: 697,815 32, 117,477 Total Estimated Revenues & Balances 27,484, 430 5, 976,718 20, 588.417 54, 049,565 Estimated EXDenditures: General Government 3, 917, 218 100 3, 917, 318 Public Safety 7, 595, 752 77,452 7, 673, 204 Physical Environment 229, 747 66, 870 6,582,