Fort Walton Beach — Fiscal Year 2014 to 2015 CRA Budget

Community Redevelopment Agency Fund The Community Redevelopment Agency (CRA) Fund encompasses 4.4% of the City’s activities and services and accounts for funding derived from City of Fort Walton Beach and Okaloosa County Tax Increment Funding (TIF) – proceeds from increases in the taxable assessed value of the CRA District. The original CRA area was formed in 1980, with that being the base year for the purpose of determining the growth in assessed taxable value. In 1999 the CRA area was expanded to include an additional area. The TIF is determined by the growth in the assessed value of taxable property located in the CRA district from the base year to the current tax year and is multiplied by the current tax rate for the City and County. Expenditures in the CRA area target eliminating blight in residential and commercial areas. Revenue Highlights $1,800,000 Budget. $1,600,000 $ Change % Change 2014-15 …… $1,400,000 Ad Valorem Taxes 975,294 15,866 1.7% $1,200,000 Intergov’t Revenue 579,933 9,435 1.7% $1,000,000 Interest & Other 62,620 0 0.0% $800,000 Approp. from Reserves 13,129 13,129 100.0% $600,000 $1,630,976 $38,430 2.4% $400,000 $200,000 $0 Actual Actual Actual Budget Budget 2010-11 2011-12 2012-13 2013-14 2014-15 Ad Valorem Taxes Intergov't Revenue Interest & Other Interfund Transfers Appropriations  The budget is predicated on maintaining the City millage (Ad Valorem) rate at 5.7697 mills. One mill equals $1 per $1,000 of taxable property value.  County Ad Valorem tax proceeds are accounted for as intergovernmental revenues. The County’s millage rate is 3.4308 mills. Expenditure Highlights $2,000,000 $1,800,000 Budget. $1,600,000 ……2014-15. $ Change % Change $1,400,000 Personal Services 497,693 -51.703 -9.4% $1,200,000 Operations & Maintenance 1,033,283 -8,077 -0.8% $1,000,000 Capital Outlay/Imprvmt 100,000 98,210 5486.6% $800,000 $600,000 $1,630,976 $38,430 2.4% $400,000 $200,000 $0 Actual Actual Actual Budget Budget 2010-11 2011-12 2012-13 2013-14 2014-15 Personal Services Operations & Maintenance Capital Outlay/Imprvmt Interfund Transfers  The personal services decrease is attributable to a decline in police pension contributions.  The increase in capital outlay is associated with two projects that are planned: the replacement of signs within the CRA and a Gateway to the CRA.  109 COMMUNITY REDEVELOPMENT AGENCY FUND Actual Budget 2013-14 2014-15 % 2010-11 2011-12 2012-13 Adopted Adopted Change 693,075 638,388 608,797 764,738 2000-311-1000 Ad Valorem Taxes - City Original TIF 771,768 0.92% 202,975 165,430 151,297 194,690 2000-311-1100 Ad Valorem Taxes - City Expanded TIF 203,526 4.54% $ 896,050 $ 803,818 $ 760,094 $ 959,428 Total Ad Valorem Taxes $ 975,294 1.65% $ 896,050 $ 803,818 $ 760,094 $ 959,428 TOTAL TAXES $ 975,294 1.65% 504,419 462,780 441,329 454,731 2000-338-2000 Ad Valorem Taxes - County Original TIF 458,912 0.92% 147,140 119,924 109,678 115,767 2000-338-2100 Ad Valorem Taxes - County Expanded TIF 121,021 4.54% $ 651,559 $ 582,703 $ 551,007 $ 570,498 Total Local Shared Revenues $ 579,933 1.65% - 57,390 397,492 - Prior Years Grants - 0.00% $ - $ 57,390 $ 397,492 $ - Total Grants $ - 0.00% $ 651,559 $ 640,093 $ 948,499 $ 570,498 TOTAL INTERGOVERNMENTAL REVENUE $ 579,933 1.65% 37,559 23,237 27,299 62,620 1500-361-1000 Interest Income 62,620 0.00% (12,541) 8,698 (7,756) - 1500-361-3000 Unrealized Gain/(Loss) - 0.00% - (534) (11,789) - 1500-361-4000 Realized Gain/(Loss) - 0.00% $ 25,019 $ 31,402 $ 7,754 $ 62,620 Total Interest Income $ 62,620 0.00% - 987 2,032 - 1500-369-9000 Miscellaneous Revenue - 0.00% 11 17 55 - 1500-369-9091 Discounts - 0.00% $ 11 $ 1,004 $ 2,087 $ - Total Other Revenues $ - 0.00% $ 25,029 $ 32,406 $ 9,842 $ 62,620 TOTAL INTEREST & OTHER REVENUES $ 62,620 0.00% - - - - 1600-389-9100 Appropriation from Fund Balance 13,129 100.00% $ - $ - $ - $ - Total Non-Operating Sources $ 13,129 100.00% $ - $ - $ - $ - TOTAL TRANSFERS IN $ 13,129 100.00% $ 1,572,638 $ 1,476,317 $ 1,718,435 $ 1,592,546 TOTAL FUND REVENUES $ 1,630,976 2.41% 109-Revenues 10/1/2014 4:36 PM  109 CRA FUND - 0800 POLICE Actual Budget 2013-14 2014-15 % 2010-11 2011-12 2012-13 Adopted Adopted Change Personal Services: 2.00 5.00 5.00 5.00 Number of Employees (FTE's) 5.00 76,056 192,223 187,805 220,251 521-1200 Regular Salaries 209,582 -4.84% - - 106 - 521-1201 Service Awards - 0.00% - - 7,534 - 521-1202 Incentive/Merit Pay - 0.00% - - 7,672 - 521-1211 Police Pension Wages - 0.00% 3,244 9,325 7,881 8,175 521-1401 Salaries - Overtime Holiday Worked 8,175 0.00% 7,954 20,166 20,064 11,314 521-1501 Incentive Pay 9,147 -19.15% 5,280 13,279 13,964 15,807 521-2100 FICA Taxes 15,135 -4.25% 1,235 3,106 3,266 3,698 521-2101 Medicare 3,541 -4.26% 23,589 74,092 88,696 100,962 521-2201 Retirement Contributions - Police Officers 71,525 -29.16% 10,054 29,955 28,210 31,982 521-2300 Dental, Life & Health Insurance 22,623 -29.26% 2,256 6,441 6,634 7,408 521-2400 Worker's Compensation 7,040 -4.96% - - 45,484 47,884 521-1291 Salary Allocation Reimbursement to General Fund 42,945 -10.31% $ 130,477 $ 354,764 $ 421,050 $ 452,481 Total Personal Services $ 394,713 -12.77% Operating Expenses: - - 11,454 16,625 521-3100 Professional Services 15,685 -5.65% 1,033 2,544 2,169 2,950 521-4100 Communication Services 2,950 0.00% 432 1,500 2,377 1,094 521-4610 Maintenance Contracts 1,094 0.00% 1,317 2,565 4,216 2,000 521-4620 Vehicle Repair 2,000 0.00% - - 260 - 521-4630 Equipment Repair 1,250 100.00% - 64 150 175 521-4700 Printing & Binding 175 0.00% - - - 125 521-4911 Holiday Gift Certificates 125 0.00% - 45 - 250 521-5100 Office Supplies 10 -96.00% - 8,332 316 1,000 521-5200 Operating Supplies 938 -6.20% 4,622 12,795 21,963 20,370 521-5204 Fuel & Oil 18,199 -10.66% - 2,849 - 500 521-5210 Uniform Expense 925 85.00% - - 194 835 521-5213 Ammunition Expense 835 0.00% - 2,153 - - 521-5231 Computer Hardware/Software - 0.00% $ 7,404 $ 32,848 $ 43,099 $ 45,924 Total Operating Expenditures $ 44,186 -3.78% Capital Outlay: - 77,358 - - 521-6403 Passenger Vehicles - 0.00% - 2,428 896 - 521-6405 Communication Equipment - 0.00% 9,370 16,524 - - 521-6406 Specialized Equipment - 0.00% - 5,493 - - 521-6420 Computer Hardware/Software - 0.00% - 9,570 - - 521-6821 Software - 0.00% $ 9,370 $ 111,372 $ 896 $ - Total Capital Outlay $ - 0.00% $ 147,252 $ 498,984 $ 465,045 $ 498,405 TOTAL EXPENSES $ 438,899 -11.94% 109-0800-Police 10/1/2014 4:37 PM POLICE (CRA) Share of City Budget $438,899, 1.2% DESCRIPTION The unit of five officers dedicated to the two CRA areas foster relationships with residents and business owners through a highly-visible approach including walking the neighborhoods and participating in events. Community involvement to devise solutions and monitor resolutions is strongly promoted. MISSION Protect the welfare of citizens and their property and enhance public safety through proactive problem solving and increased community partnerships. Actual Budget CURRENT GOALS, OBJECTIVES, & METRICS (FY15) YTD thru 6/30 2010-11 2011-12 2012-13 2013-14 2013-14 2014-15 Protect Life and Property Criminal Activity in Downtown Area 100 149 132 104 125 150  Reduce vandalism and other criminal activity, particularly during overnight hours, in the downtown area through preventative means such as police visibility and effective apprehension rates for order maintenance offenses, even as more people are drawn to area's entertainment FUTURE GOALS (FY16 & FY17)  Conduct at least two crime awareness / prevention presentations, in downtown locations or at public events, inviting business owners, employees, and members of the public to attend. Presentations will include both personal and commercial safety tips.  Establish a communication system, with voluntary participation, that will permit those who work and/or live in the CRA area to furnish information directly to officers, and each other (when desired), on a timely basis. Develop a daily or weekly posting of information and activities, as well as ad hoc postings of immediate information related to suspicious or criminal activity, sent by the police to subscribers. PRIOR YEAR ACCOMPLISHMENTS (FY14)  Patrol activity was very high within the CRA area. Eleven thousand - five hundred calls for service were handled in the district last year, compared to slightly over nine thousand (9,000) during the previous year. The totals include both citizen requests and officer initiated  Additional traffic enforcement was conducted within the distric, especially on Miracle Strip Parkway and Brooks Street. PERFORMANCE EXCELLENCE Every Service – Every Employee – Every Day  109 CRA FUND - 2000 CRA Actual Budget 2013-14 2014-15 % 2010-11 2011-12 2012-13 Adopted Adopted Change Personal Services: 3.00 3.00 3.00 3.00 Number of Employees (FTE's) 3.00 44,394 73,683 69,780 72,820 552-1200 Regular Salaries 81,138 11.42% - 664 1,546 - 552-1202 Incentive/Merit Pay - 0.00% 869 333 4,977 250 552-1216 Final Leave Pay - -100.00% - 247 132 150 552-1400 Salaries - Overtime 150 0.00% - 124 125 - 552-1401 Salaries - Overtime Holiday Worked - 0.00% 2,924 4,322 4,193 4,210 552-2100 FICA Taxes 4,790 13.78% 684 1,011 981 985 552-2101 Medicare 1,120 13.73% 8,312 363 71 - 552-2200 Retirement Contributions - 0.00% 338 4,289 3,483 3,641 552-2204 Retirement Contributions - DC Plan 4,646 27.59% 4,796 12,290 12,239 13,761 552-2300 Dental, Life & Health Insurance 9,867 -28.30% 1,540 1,183 1,179 1,098 552-2400 Worker's Compensation 1,269 15.56% $ 63,859 $ 98,509 $ 98,705 $ 96,915 Total Personal Services $ 102,980 6.26% Operating Expenses: 15,000 9,915 4,224 2,000 552-3100 Professional Services 90,071 4403.55% 6,710 2,159 7,385 7,000 552-3101 Legal Services 7,000 0.00% 41,218 - - 21,500 552-3400 Other Services 50,000 132.56% 3,522 2,492 663 3,450 552-4000 Travel and Per Diem 2,700 -21.74% 553 599 616 1,945 552-4100 Communication Services 1,945 0.00% 29 135 1,549 50 552-4200 Postage 50 0.00% 122,856 124,962 123,846 131,210 552-4300 Utilities 139,601 6.40% 1,448 1,481 1,712 - 552-4400 Rentals & Leases - 0.00% 15 1,098 1,554 500 552-4620 Vehicle Repair 500 0.00% 15 175 23 250 552-4630 Equipment Repair 250 0.00% - 81 23 - 552-4640 Building Maintenance - 0.00% 74,053 42,101 48,150 94,636 552-4650 Grounds Maintenance 94,370 -0.28% - 24 606 1,250 552-4700 Printing & Binding 1,250 0.00% 21,399 14,606 35,118 15,000 552-4800 Promotional Activities 15,000 0.00% - - - 75 552-4911 Holiday Gift Certificates 75 0.00% 1,147 885 - 750 552-4912 Easement Recording Fees 750 0.00% - - 207 1,000 552-4915 Legal Advertising 1,000 0.00% 245 637 472 250 552-5100 Office Supplies 1,200 380.00% 779 1,012 4,256 1,060 552-5200 Operating Supplies 8,060 660.38% 216 3,942 4,021 4,140 552-5204 Fuel & Oil 3,942 -4.79% - 248 248 100 552-5210 Uniform Expense 100 0.00% 715 697 - - 552-5231 Computer Hardware/Software - 0.00% - 175 1,950 1,335 552-5233 Tools 1,335 0.00% - 108 500 250 552-5234 Safety Supplies/Equipment 250 0.00% 1,080 870 1,830 3,025 552-5400 Dues & Publications 3,025 0.00% 835 625 2,070 1,545 552-5500 Training 1,200 -22.33% Non-Operating: 17,000 90,046 305,777 608,708 552-8200 Grants and Aids 369,214 -39.34% $ 308,834 $ 298,488 $ 546,799 $ 901,029 Total Operating Expenditures $ 832,888 -7.56% Capital Outlay: - 23,380 95,497 - 552-6310 Improvements Other Than Buildings 100,000 0.00% 772 - - - 552-6355 Landscaping/Irrigation - 0.00% - 1,066 44,361 1,790 552-6402 Equipment - 100.00% $ 772 $ 24,446 $ 139,858 $ 1,790 Total Capital Outlay $ 100,000 100.00% 109-2000-CRA 10/1/2014 4:38 PM  109 CRA FUND - 2000 CRA Actual Budget 2013-14 2014-15 % 2010-11 2011-12 2012-13 Adopted Adopted Change Capital Improvements Program: 106,782 122,251 3,370 - 5018 - Pavement Improvement - 0.00% 134,669 73,565 24,604 - 5306 - Sidewalk Construction - 0.00% 50,421 764,978 256,406 - Prior Years Capital Improvement Program - 0.00% $ 291,873 $ 960,794 $ 284,380 $ - Total Capital Improvements Program $ - 0.00% Other Financing Activity: 78,076 71,981 86,317 94,407 552-9901 Cost Allocation Reimbursement to General Fund 156,209 65.46% $ 78,076 $ 71,981 $ 86,317 $ 94,407 Total Other Financing Activity $ 156,209 65.46% $ 743,414 $ 1,454,218 $ 1,156,059 $ 1,094,141 TOTAL EXPENSES $ 1,192,077 8.95% 5.00 8.00 8.00 8.00 Number of Funded Employees (FTE's) 8.00 0.00% 147,252 498,984 465,045 498,405 Police 438,899 -11.94% 743,414 1,454,218 1,156,059 1,094,141 CRA 1,192,077 8.95% $ 890,665 $ 1,953,202 $ 1,621,104 $ 1,592,546 TOTAL FUND EXPENSES $ 1,630,976 2.41% $ 681,973 $ (476,885) $ (300,216) $ - NET REVENUE / (EXPENSE) $ (0) 0.00% 109-2000-CRA 10/1/2014 4:38 PM COMMUNITY REDEVELOPMENT AREA (CRA) Share of City Budget $1,630,976, DESCRIPTION 4.2% The Community Redevelopment Area was established in 1980 and expanded in 1999 to address deteriorating conditions and facilitate economic growth and development within the designated area. Funding for infrastructure improvements and redevelopment activities comes from incremental increases in the taxable assessed value of the area. MISSION Rejuvenate the designated area to make it a place where citizens want to live, work, and play. Actual Budget CURRENT GOALS, OBJECTIVES, & METRICS (FY15) YTD thru 6/30 2010-11 2011-12 2012-13 2013-14 2013-14 2014-15 Attract & Retain Businesses in the Target Area New Businesses in the CRA n/a 29 32 28 40 30 Square Footage of Business Expansions in the CRA n/a 16,000 10,700 0 40,000 20,000 Decrease in Number of Vacant Commerical Properties n/a n/a 5% n/a n/a n/a Businesses Approved for Economic Incentive Grants n/a 7 38 8 40 20 Value of Economic Incentive Grants Provided to New or Expanding Businesses n/a $46,238 $380,314 $109,312 $325,000 $250,000 Private Investment Leveraged as a Result of Incentive Grants n/a n/a n/a $976,940 $2,000,000 $1,250,000 Grant Applications Approved within Two Weeks n/a n/a n/a 22% 75% 75% Attract & Retain Residents in the Target Area New Housing Units in the CRA n/a 11 5 0 200 10 Decrease in Number of Vacant Residential Properties n/a n/a 3% n/a n/a n/a Maintain a Balanced Approach to Funding Allocation Residential Area Improvements 22% 14% 12% annual measure 0% 25% Commercial Area Improvements 11% 35% 5% annual measure 0% 25% Crime Prevention 17% 26% 29% annual measure 32% 25% Maintenance & General Operations 51% 25% 54% annual measure 68% 25% Complete CRA Plan Projects Within Three Years From Appropriation Previous Year Funds Not Allocated to Projects as % of Current Year Ad Valorem Proceeds 272% 269% 292% annual measure 0% 0%  Work with the Recreational Services Department to update the Fort Walton Landing Master Plan.  Develop long-term (5-year and 10-year) capital improvements project list for the CRA District.  Develop better marketing materials for economic incentive programs available to new and expanding businesses in the CRA.  Complete at least 1 new public parking area in the CRA.  Complete Streetscape improvements along Carson Drive and Third Street.  Complete pedestrian improvements on Miracle Strip Pkwy.  Create new public parking maps for the downtown district; update signage in CRA, and provide a new downtown "gateway." FUTURE GOALS (FY16 & FY17)  Develop ways to increase the quantity of and access to public parking in the CRA.  Encourage private reinvestment through public improvements in the CRA.  Continue multi-modal improvements in the CRA. PRIOR YEAR ACCOMPLISHMENTS (FY14)  Completed the Sound Side Apartments project, providing 200 new housing units in the CRA.  Completed the remediation of the Brownfields site at 25 Miracle Strip Pkwy.  Updated Development Agreement and approved new Development Order for Landmark Center.  Approved 11 business incentive grant applications; $1.02M in total private funds leveraged for $164K spent in public funds. PERFORMANCE EXCELLENCE Every Service – Every Employee – Every Day