Fort Walton Beach — Fiscal Year 2019-20 Adopted Budget — reading text

Plan families and the CRA program to revitalize blighted areas. Recreation activities include neighborhood and facility parks, a tennis center, a library, a museum complex, a recreation complex, and two 18-hole golf courses. City of Fort Walton Beach, FL 31 Executive Budget Summary Did You Know? . . . The City of Fort Walton Beach comprises 35.5% of a citizen’s tax bill. One mill equals $1 per $1,000 of taxable property value. Over 12% of properties within the City have exemptions that enable them to pay no property taxes (i.e. homestead exemptions). Other Financing Sources Other Taxes Intergov't Revenue Fines & Forfeitures $2,141,790 $6,885,913 $4,218,364 $108,695 Ad Valorem Taxes Licenses & Permits Charges for Services Interest & Other Fund Balance / Net Assets $7,646,095 $4,901,296 $19,155,810 $1,050,057 $1,123,639 67% of residents & 58% of businesses will pay $50.00 or less per month in City property taxes That’s far less than two common monthly bills…. Basic Cable TV & Internet Cell Phone $109.99 $129.98 City of Fort Walton Beach, FL 32 Executive Budget Summary Revenues by Category Budget 2019-20 Budget 2018-19 Actual 2017-18 Actual 2016-17 Actual 2015-16 $0 $5 $10 $15 $20 $25 Millions Fund Balance / Net Assets / Transfers Other Financing Sources Interest & Other Fines & Forfeitures Charges for Services Intergov't Revenue Licenses & Permits Other Taxes Ad Valorem Taxes Expenses by Category Budget 2019-20 Budget 2018-19 Actual 2017-18 Actual 2016-17 Actual 2015-16 $0 $2 $4 $6 $8 $10 $12 $14 $16 Millions Other Financing Uses Debt Service Capital (net of Reclass) Culture & Recreation Economic Environment Transportation Physical Environment Public Safety General Government City of Fort Walton Beach, FL 33 Executive Budget Summary Cost of . . . One Police Officer, 24 Hrs/Day Starting Salary 37,093 Incentive Pay 3,120 Overtime 799 Holiday Worked 1,464 Cost of . . . Health Insurance 15,453 One Firefighter/EMT, 24 Hrs/Day Pension 17,419 Starting Salary 37,203 Federal Taxes 3,250 Incentive Pay 1,800 Overtime 2,227 Cost to . . . Workers Comp 1,336 Holiday Worked 1,155 Maintain 10 Acres of Park Personnel $ 79,934 Health Insurance 15,453 Salaries 25,094 Equipment & Supplies 2,133 Pension 23,593 Health Insurance 15,453 Vehicle Fuel & Repair 6,018 Pension 1,882 Federal Taxes Workers Comp 3,243 2,146 Insurance Vehicle Insurance 827 327 Federal WorkersTaxes Comp 1,920 612 Personnel $ 86,820 Operating $ 8,978 Personnel $ 44,961 Annual Recurring 88,912 Physicals,Immunizations 350 Uniform Replacement Training/Other 335 1,000 Utilities & Fuel 4,913 Immunizations 250 Operating $ 1,685 Vehicle/Equip Repair 799 Radio,Uniform,Vest,Gun 2,437 Grounds Maintenance Other 3,840 1,146 Annual Recurring 88,505 Vehicle & Equipment In-Car Video System 44,000 5,425 Operating $ 10,698 Uniform 2,949 Non-Recurring $ 46,687 Annual Recurring 55,659 Non-Recurring $ 2,949 Total Cost to Hire & Total Cost to Hire & ½ Ton Truck 24,000 Equip One Officer $ 135,599 Equip One Firefighter $ 91,454 52" Mower 19,500 Field Rake 9,800 2 Officers Required 3 Firefighters Required (min . ma n n in g ) Trailer 2,500 for 24 Hour Coverage x2 for 24 Hour Coverage x3 Backpack Blower 450 Total Cost $ 271,198 16" Chainsaw 300 Total Cost $ 274,361 Non-Recurring $ 56,550 The cost per day for one police Total Cost $ 112,209 officer is $743.01 The cost per day for one firefighter/EMT is $751.67 The cost per day to maintain The City has 50 sworn police officers 10 acres of parks is $307.42 The City has 44 firefighters The City has 182.7 acres of park City of Fort Walton Beach, FL 34  CITY OF FORT WALTON BEACH, FL Revenue Trends - All Funds Revenues by Fund $45 $40 $35 $30 Millions $25 $20 $15 $10 $5 $0 Actual Actual Actual Budget Budget 2015-16 2016-17 2017-18 2018-19 2019-20 General Fund FL Bldg Code Fund CRA Fund Debt Service Fund Utilities Fund Sanitation Fund Stormwater Fund Actual Actual Actual Budget Budget $ % 2015-16 2016-17 2017-18 2018-19 2019-20 Variance Variance General Fund 20,663,018 20,727,459 22,096,795 22,210,768 26,730,208 4,519,440 20.35% Law Enf. Trust Fund** 24,227 25,155 7,720 7,309 7,309 - 0.00% Law Enf. Training Fund** 5,906 4,918 4,648 4,097 4,097 - 0.00% FL Bldg Code Fund 377,649 411,818 405,790 399,603 357,560 (42,043) -10.52% CDBG Fund 117,087 246,186 60,589 138,113 151,789 13,675 9.90% CRA Fund 1,702,177 1,742,543 1,926,576 1,893,165 2,216,134 322,969 17.06% Debt Service Fund 997,306 990,703 1,021,261 1,041,741 1,104,543 62,803 6.03% Utilities Fund 10,123,818 11,114,323 10,892,785 11,120,999 11,264,818 143,820 1.29% Sanitation Fund 3,599,838 3,735,232 3,830,910 3,793,649 4,316,172 522,523 13.77% Stormwater Fund 1,372,919 1,512,242 1,027,993 1,039,280 1,013,608 (25,672) -2.47% Beal Memorial Fund** 216,372 305,378