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

$47,231,660 Debt Service , Capital Outlay/ Contingencies , $459,053 , $4,573,046 , 9.7% Improvement , 1.0% $4,273,628 , 9.0% Reserves , $1,013,620 , 2.1% Culture & Recreation , Interfund Transfers , $5,185,935 , 11.0% $1,005,309 , 2.1% Economic Environment General Government , , $1,142,525 , 2.4% $4,077,060 , 8.6% Transportation , $801,279 , 1.7% Public Safety , Physical Environment , $12,069,353 , 25.6% $12,630,857 , 26.7% Physical Environment – This category comprises $12.6M, or 26.7% of total expenses and $12 includes cemetery operations and the following enterprise activities: water, sewer, stormwater, $10 recycling, and garbage. These operations are $8 self-sustaining since cemetery revenues exceed expenses and enterprise activities are funded by Millions $6 user fees rather than general revenues such as $4 property taxes. $2 Public Safety – This category includes police, $0 fire, code enforcement, and building inspection Cemetery Water & Sewer Garbage Stormwater services and totals $12.1M, or 25.6%, of total 2015-16 2016-17 2017-18 Budget 2018-19 Budget 2019-20 expenses. The increase in FY 2017-18 was attributable to the defined benefit pension contribution increases caused by State changes in $6.10 mortality assumptions, which has levelled out in $5.35 FY 2019-20. $4.60 $3.85 Recreation & Cultural Services – This category equals $5.2M, or 11.0%, of total Millions $3.10 $2.35 expenses and includes parks & recreation $1.60 programs and facilities, senior activities, library, $0.85 museums, and golf courses. A portion of these $0.10 -$0.65 Police Fire Code Enf Bldg Insp leisure service expenses are offset by revenues such as facility and park rentals, youth and adult 2015-16 2016-17 2017-18 Budget Budget athletic fees, recreation center memberships, and 2018-19 2019-20 City of Fort Walton Beach, FL 40 Expenditures museum entrance fees. This category is relatively flat when compared to FY 2018-19. After opening a new recreation complex in May 2015, the department is settling in at the new facility, and continues to bring multiple sports tournaments to the City. General Government – This category is $4.1M, or 8.6%, of total expenses and includes the following units of City government funded from ad valorem tax proceeds that provide support services to other departments and information to $5.0 the public: City Council, City Manager, City $4.5 Clerk, information technology, human resources, $4.0 $3.5 risk management, accounting, budgeting, $3.0 Millions purchasing, planning, fleet, and facilities. $2.5 $2.0 Debt Service – This category totals $4.6M, or $1.5 9.7%, of total expenses and includes principal and $1.0 interest payments for the City’s equipment and $0.5 facilities funded via capital lease/purchase, $0.0 General Gov't revenue notes, or other debt financing. In FY 2015-16 2016-17 2017-18 Budget Budget 2018-19, the City issued new debt to pay for a new 2018-19 2019-20 facility that consolidates eleven (11) existing facilities. Capital Outlay/Improvement – This category $3.0 comprises $4.3M, or 9.0%, of total expenses. $2.5 Capital outlay includes the purchase of computers, vehicles, equipment, and other assets $2.0 Millions with a value greater than $1,000 and a useful life $1.5 of more than one year. Capital improvement $1.0 includes the acquisition, construction, replacement, or renovation of facilities and $0.5 infrastructure with a value greater than $25,000 $0.0 and a useful life of ten years or more (e.g. Capital Outlay Capital Improvement buildings, parks, streets, and water and sewer 2015-16 2016-17 2017-18 Budget Budget 2018-19 2019-20 lines). IT funding of $78K includes various laptops and desktops replacements. Vehicle and equipment replacements in the amount of $2.7M includes 6 police patrol vehicles, 5 trucks, 1 fire engine, 2 knuckleboom loaders, and 1 asphalt truck. The following capital improvement projects are budgeted at a total cost of $545K: water line replacement, stormwater drain improvements, facility repairs, sidewalk construction, sewer grouting/lining and street resurfacing/restriping. Various other improvements are detailed in the Executive Summary of this document. Interfund Transfers – Interfund transfers represent $2.1M, or 4.4%, of total expenses. Transfers to the General Fund total $1.9M based on the Cost Allocation Plan, which provides reasonable and proportionate reimbursement for services provided to enterprise and special revenue funds such as city clerk, city council (including city attorney), city manager, administrative services (i.e. human resources, risk management, information technology), financial services (i.e. budget, grants, accounting, accounts payable, payroll, purchasing), and engineering services (i.e. engineering, fleet, facilities). City of Fort Walton Beach, FL 41 Expenditures Economic Environment – This category totals $2.0 $1.1M, or 2.4%, of total expenses and includes the $1.8 Community Development Block Grant (CDBG) $1.6 $1.4 program for low-moderate income families and $1.2 the Community Redevelopment Agency (CRA) Millions $1.0 to revitalize blighted areas. CDBG funding $0.8 comes from the U.S. Department of Housing and $0.6 Urban Development. CRA activities are funded $0.4 $0.2 from a portion of City and County tax dollars. Ad $0.0 valorem revenues are anticipated to increase and CDBG CRA the additional funding will be utilized for various 2015-16 2016-17 2017-18 Budget Budget 2018-19 2019-20 Capital Improvement Projects. The timing of capital projects accounts for the annual fluctuations in prior years. Transportation – This category represents $0.9 $801K, or 1.7%, of total expenses and includes $0.8 streets, right-of-way, and engineering. Roadway- $0.7 related expenses are funded in large part by local $0.6 Millions $0.5 option fuel tax proceeds and reimbursements from $0.4 the Florida Department of Transportation.