Fort Walton Beach Council agenda — 8-11-14--proposed budget — reading text

Engineering), 4 EA flashing school zone beacons ( Engineering), and 1 EA utility bed truck ( Engineering) b. FBC Fund — 1 EA SUV c. Utilities Fund — 1 EA schonstedt magnetic locator, 1 EA motorized pallet jack, 1 EA concrete saw with cart, 11 EA radios, 1 EA high pressure sewer line descaling nozzle, and 3 EA Air Release Valves for PS 1 Force Main d. Sanitation Fund — 1 EA frontloader truck e. Stormwater Fund — 1 EA 3" trash pump/ hose 5. The following capital improvement projects ( CIPs) are budgeted at a total cost of $ 1. 17M. More detailed information for CIPs is available on pages 174 -213. Recurring a. Utilities Fund —Water Line Replacement, Sewer System Rehabilitation Non -Recurring a. General Fund — new storage building, fence repair at Jet Stadium, Recreation Center Phase II Seed Money, cart path repairs, asphalt paving at Pines Golf Course, replace multiple HVAC units, and street resurfacing b. CRA Fund —replace city signs and gateway c. Utilities Fund — replace multiple HVAC units, flooring in Field Office, Lift Station Rehabilitation Coy of Fort Wahon Beach, FL City Manager' s Budget Message d. Stormwater Fund — Walkedge Drive seawall, improvements identified in the Stormwater Master Plan 6. Certain capital improvement projects, grants, and/ or purchases that were authorized, budgeted, and appropriated by City Council in a prior fiscal year but are incomplete as of September 30th are carried forward into the new fiscal year. These special projects and purchase order encumbrances are identified in the budget resolution at the end of the document. ACKNOWLEDGEMENTS Preparation of this budget would not have been possible without the efficient and dedicated services of Finance Director Brandy Ferris and Financial Analyst Nicole Nabors. I would like to express my appreciation to all Department Directors and staff who assisted and contributed to the preparation of'this budget. I would also like to thank the Mayor and City Council for their commitment to conducting the financial operations of the City of Fort Walton Beach in a responsible and progressive manner. Sincerely, Michael D. Beedie City Manager GOVrRNMFNT FINANC_ OFFICERS ASSOCIATION D istingu ished Budget Presentation Au; ard PRESENTED TO City of Tort Walton Beach Florida Fcr: hc Fi5,a1 Y.•,., lkgiuninS October 1, 2013 The Government Finance Officers Association of the United States and Canada ( GFOA) presented a Distinguished Budget Presentation Award to the City of Fort Walton Beach. Florida for its annual budget for the fiscal year beginning October I. 2013. In order to receive this award. a governmental unit must publish a budget document that meets program criteria as a policy document. as an operations guide. as a financial plan. and as a communication device. This award is valid for a period of one year only. We believe our current budget continues to conform to program requirements, and we are submitting it to GFOA to determine its eligibility for another award. City of Fort Wahon Beach. FL  Executive Budget Summary Where the Money Comes From ... ... And Where the Money Goes Budgeted Revenues: $ 37. 218, 231 Budgeted Expenditures: $ 37, 218, 231 Ad Valm- Debt Sm'i Taxes. Other Tales. Capital Outlay/ S 2 .633394. 7. 14 Cantingencies. S6Z. 563. Resen' es. 55. 147.612. 19% Imprm< menL 5'_ 51511 0. 74 S2. 2 16. 868. 6 Cultures 4. 4, 078. 1111 S'_. 14222 2. 5. 8% I R-- S837. 608.'_. 3% cn>e> Interfund ttmits 110% 11. 04 .- Tnnsftts. 1. 965. 6. 24 r Tnnsftts. Interfund St. 781. 486. 41 E— maw 6j .. S 1. 710. 571. 4. 6% En, ir S1. 160, 114. 3` 14 Grnenl Interest& Otb State R"— G.,--. R— x. banng & Other Pf , S 2. 658360. 7. 14 563432_'_ 1.. 7 Integ, vt, zee: syg̀;„, s 1. 215570. 8 64 Tnnsprnatm 51. 066. 629. 294 R— and Fufeit - 556.700. 0_2`, Rec lira. Gtdf. C-- Y. 0 h er Sim , tttbee Fees. S? 459 128 , pubhe Safyy. ph, ziaal - 9. 017. 631. S573. 000. 1. 54 6% En, ironmml. 24. 24