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2024 - 2025 Annual BudgetCity of Atlantic Beach Digital Budget Book Last updated 10/25/24 City of Atlantic Beach 1 Budget Book 2025 Page 1 TABLE OF CONTENTS Introduction 4 Transmittal Letter 5 History of City 6 Demographics 8 Organization Chart 12 Fund Structure 13 Basis of Budgeting 16 Budget Process 17 Financial Policies 19 Fund Summaries 20 All Funds 21 General Fund 31 Water Utilities Fund 38 Sewer Utilities Fund 43 Storm Water Drainage Fund 48 Sanitation Fund 52 Building Code Enforcement Fund 56 Comm Dev Block Grant Fund 60 Better Jax 1/2 Ct Sale Tx 65 Court Cost Training Fund 67 Radio Communication Fund 71 American Rescue Plan Act 75 Tree Replacement Fund 82 Pay For Parking Rev Fund 87 Convention Dev Tax Fund 91 Local Option Gas Tax Fund 95 Debt Service Fund 99 Capital Projects Fund 103 JAGC GRANTS 107 Pension Trust Funds 111 Departments 114 Commission 115 City Manager 118 City Clerk 121 Finance 124 Human Resources 127 Legal Counsel 130 Planning and Community Development 133 Information Technology 137 General Government 140 Public Works 143 Public Safety 148 Recreation and Cultural Arts 153 -- City of Atlantic Beach 1 Budget Book 2025 Page 2 Capital Improvements 156 Public Works 10-Year Capital Improvement Plan 157 Public Utilities 10-Year Capital Improvement Plan 158 Debt 159 Government-wide Debt 160 Debt by Type Overview 162 Appendix 165 Glossary 166 City of Atlantic Beach 1 Budget Book 2025 Page 3 INTRODUCTION City of Atlantic Beach 1 Budget Book 2025 Page 4 Budget Message From: William B. Killingsworth, City Manager Date: September 24, 2024 Subject: FY2025 Adopted Budget I am pleased to present the adopted budget for the f scal year ending September 30, 2025 (FY 2024-2025). This budget has been prepared using an unchanged millage rate of $2.8410 per $1,000 of assessed taxable value, which remains the lowest in Duval County. Highlights of the proposed FY 2024-25 budget are as follows: o The City's total proposed budget is $58,680,384, which is $465,911 or 0.79% less than the current year. o The General Fund's budget is $19,973,370. Expenditures increased by 6.83% while revenues increased by 3.86% over the current year. Property taxes represent 40.06% of the General Fund revenues. The Public Safety function - - which includes Police, Fire, Animal Control and Ocean Rescue -- is 41.60% of the expenditure. o A homeowner in Atlantic Beach with a home value of the median $482,000 with a homestead exemption of $50,000 will pay approximately $7,523 in property taxes. The portion for Atlantic Beach is approximately $1,227 or 16.31%. o The total assessed value of property in Atlantic Beach increased by $258,859,091 or 9.79% over last year. This includes $27,142,174 in new construction. Capital Outlay The City's FY 2024-25 spending plan continues the City's recent trend of making a substantial investment in water, sewer, and stormwater infrastructure. This is necessary to maintain and to increase the capacity to provide drinking water and sanitary sewer, as well as, to mitigate flooding issues. A portion of the infrastructure projects budgeted for FY 2023-24 are included in the proposed budget. Like many local governments, the City ran into challenges completing and, in many instances, starting the slated projects. This is largely due to inflation and the supply of contractors willing and able to work on projects. Personnel The adopted budget includes a 5% increase in wages for most employees. City of Atlantic Beach 1 Budget Book 2025 Page 5 History of City Atlantic Beach was a small seaside community around 1900 when Henry Flagler, builder of the Florida East Coast Railway, built the Mayport branch of the railway and erected a station just north of the former Atlantic Beach City Hall (Now Adele Grage Cultural Center). Entrance to Town Center (http://www.coab.us/16/History) The Continental Hotel, with approximately 300 rooms, was built soon thereafter on a tract of land lying between the depot and the beach. The land surrounding the hotel was subdivided and sold for summer homes. Promotional activities to attract tourists included auto races on the beach and air shows and the area experienced considerable growth. In 1913, the railroad sold most of the land to the Atlantic Beach Corporation, headed by Ernest R. Beckett, which began paving streets, installing lights and water and sewer lines. However, during World War I, people were afraid to come to the coast and the Atlantic Beach Corporation went into bankruptcy. After the war, land began to sell again and the settlement began to grow. The Town of Atlantic Beach was incorporated in 1926 and the Governor appointed Harcourt Bull, Sr., as the f rst Mayor. A tract of land was purchased from the railroad and was developed as the Town Park and became the site of the f rst Town Hall. The building burned down in 1931 and a new Town Hall was built in 1932 at 716 Ocean Boulevard. The f rst Charter was adopted in 1929, and in addition to the Charter off cials, the town had one additional employee. The town continued to grow and by 1940 there were 38 employees and a taxable value, after the homestead exemptions of $1 million dollars. A new Charter was adopted in 1957 making Atlantic Beach a city. With the opening of the Mayport Naval Station in the 1940's and the construction of the Matthews Bridge in the mid 1950's, the area became ready for development. Atlantic Beach was getting its water from a private water plant under lease, which was inadequate for both domestic and f re use. With an annual budget of approximately $100,000, funds were not available for major capital improvements. The citizens of Atlantic Beach approved the issuance of water revenue bonds and a two million gallon per day water plant was constructed. In 1957 and 1958 the Atlantic Beach water system received the Florida State Board of Health Merit Award for the best operated primary water treatment plant for cities under 10,000 population in the state. During that time, the city embarked on "Operation Bootstrap," and within the next few years, with additional funds from a general obligation bond, the city constructed a sewer plant with the necessary lift stations and outfall lines, built a f re station, purchased 750 gallon per minute custom pumper and added three paid f remen to staff the station twenty-four hours a day. An air conditioned jail and police station with a radio system was constructed, the city purchased two new compaction garbage trucks and provided daily garbage collection, acquired a new city yard and constructed a storeroom and garage, paved streets and installed street lights. Adele Grage Cultural Center The city boundaries were extended in 1987 by annexation of the Seminole Beach area to the north and again in 1996 by extending the westerly boundary to the Intracoastal Waterway. The city is approximately three square miles in area and has almost two miles of ocean beach. The old f re station has been replaced by a public safety building located at 850 Seminole Road. The city maintains its own Police Department, and f re and emergency services are now provided by the City of Jacksonville from the 850 Seminole Road location. - City of Atlantic Beach 1 Budget Book 2025 Page 6 In 1991, the city administrative off ces moved to a new city hall located at 800 Seminole Road. Soon after this, the old city hall was turned into a community center and named the Adele Grage Community Center in honor of longtime City Clerk, Adele Grage, and came under the jurisdiction of the Parks and Recreation Department. Various community groups and organizations used the building for meetings and social activities. In 1993, the City Commission authorized the Atlantic Beach Experimental Theater (ABET) to use the former commission chambers and adjoining off ces for a community theater. In 2002 a major renovation was completed and community rooms, a resource center, gallery, verandas and new restrooms were added. The building was renamed the Adele Grage Cultural Center and fulf Iled the need for a facility capable of meeting the cultural and community needs of a growing and culturally enlightened population. Fundraisers were held and public and private donations paid for much of the renovation. In 2001, members of Beaches Habitat for Humanity constructed Jordan Park Community Center located at 1671 Francis Avenue with city -supplied building materials in exchange for permanent off ce space in the building. Much of the development in the city has been residential, with single-family homes accounting for most of the developed land areas. The city is nearing build -out with less than 10% of the incorporated land area being undeveloped. Atlantic Beach Shoreline The city has a commission -manager form of government with an appointed manager who reports to the four commissioners and a mayor/commissioner. William S. Howell served twenty-seven years as mayor and holds the longest tenure, a record, which may remain unbroken since, in 1991, the city commission established term limits for elected off cials. Recent city commissions have recognized the need to acquire land to be developed for recreational purposes while a few large tracts of land were still available. In 1994, the city acquired approximately eight acres on the Intracoastal Waterway and with the use of grant funds, developed Tideviews Preserve as a passive park with trails, a boardwalk for viewing wildlife, canoe launch and picnic areas. In 1998, the City of Atlantic Beach, in a joint venture with the City of Jacksonville, acquired a twenty-seven acre island now known as Dutton Island Preserve. The City of Atlantic Beach's portion of the purchase price was paid from Florida Barge Canal funds and no Atlantic Beach tax money was used for the purchase. The island is experiencing on-going development as a nature park to include trails, a floating dock for launching kayaks and canoes, a f shing pier, camping sites and pavilions. Residents may now enjoy more than sixty-fve acres of parkland. Today, Atlantic Beach is a mostly residential community whose approximately 13,500 citizens enjoy an enviable quality of life. City of Atlantic Beach 1 Budget Book 2025 Page 7 O 0 O TOTAL POPULATION innr13,381 14,000 13,500 13,000 12,500 12,000 11,500 l Population Overview y.2% vs. 2021 GROWTH RANK 303 out of 414 Municipalities in Florida 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022 * Data Source: U.S. Census Bureau American Community Survey 5 -year Data and the 2020, 2010, 2000, and 1990 Decennial Censuses 0 DAYTIME POPULATION 11,724 00 Daytime population represents the effect of persons coming into or leaving a community for work, entertainment, shopping, etc. during the typical workday. An increased daytime population puts greater demand on host community services which directly impacts operational costs. * Data Source: American Community Survey 5 -year estimates POPULATION BY AGE GROUP .....IIIiIIii <5 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-59 60-64 65-74 75-84 >85 Aging affects the needs and lifestyle choices of residents. Municipalities must adjust and plan services accordingly. * Data Source: American Community Surveys year estimates City of Atlantic Beach 1 Budget Book 2025 o 0 o �nnr Page 8 TOTAL HOUSEHOLDS 5,798 Household Analysis Municipalities must consider the dynamics of household types to plan for and provide services effectively. Household type also has a general correlation to income levels which affect the municipal tax base. A 10% higher than state average A8% higher than state average 00 • Married Couples 42% y9% lower than state average v1% lower than state average ' Data Source: American Community Surveys year estimates City of Atlantic Beach 1 Budget Book 2025 Page 9 Economic Analysis Household income is a key data point in evaluating a community's wealth and spending power. Pay levels and earnings typically vary by geographic regions and should be looked at in context of the overall cost of living. Over $200,000 $150,000 to $200,000 $125,000 to $150,000 $100,000 to $125,000 $75,000 to $100,000 $50,000 to $75,000 $25,000 to $50,000 Below $25,000 HOUSEHOLD INCOME Above $200,000 19% A 111% higher than state average Median Income $99,628 A 47% higher than state average Below $25,000 9% 48% lower than state average * Data Source: American Community Surveys year estimates fi City of Atlantic Beach 1 Budget Book 2025 Page 10 67% Own 33% Rent Housing Overview _1791 9 2022 MEDIAN HOME VALUE $482,000 500k 450k 400k 350k 300k 0°e ryp11 ry1ry ry01� �1t" ry14' , ,, 1 IP 1° '' 1' * Data Source: 2022 US Census Bureau (http://www.census.gov/data/developers/data- sets.html), American Community Survey. Home value data includes all types of owner -occupied housing. HOME VALUE DISTRIBUTION > $1,000,000 • $750,000 to $999,999 $500,000 to $749,999 $400,000 to $499,999 $300,000 to $399,999 $250,000 to $299,999 $200,000 to $249,999 $150,000 to $199,999 $100,000 to $149,999 $50,000 to $99,999 < $49,999 . * Data Source: 2022 US Census Bureau (http://www.census.gov/data/developers/data- sets.html), American Community Survey. Home value data includes all types of owner -occupied housing. HOME OWNERS VS RENTERS Atlantic Beach State Avg. 28% Rent 72% Own * Data Source: 2022 US Census Bureau (http://wwwcensus.gov/data/developerildata- sets.html), American Community Survey. Home value data includes all types of owner -occupied housing. City of Atlantic Beach 1 Budget Book 2025 Page 11 Organization Chart City of Atlantic Beach Organizational Chart Citizens of Atlantic Beach City Commission City Clerk City Manager Finance & Administration Finance Human Resources Public Safety Police, Fire, Lifeguards, Animal Control School Crossing Guards & Parking Attendant Cultural Arts & Recreation City Attorney Planning & Community Development Includes Code Enforcement and Building Department Staff Transportation Public Works Administration, Road & Streets, Fleet, Park Maintenance & Landscape Maintenance Enterprise Funds Water, Sewer & Stormwater Utilities Sanitation & Building Code Enforcement City of Atlantic Beach 1 Budget Book 2025 Page 12 Fund Structure City of Atlantic Beach 1 Budget Book 2025 Page 13 Fund Structure The basic building block of governmental f nance is the "fund". Generally accepted accounting principles (GAAP) provide the following def nition of a fund: Afund is def ned as a f scal and accounting entity with a self -balancing set of accounts recording cash and other f nancial resources, together with all related liabilities and residual equities or balances, and changes therein, which are segregated for the purpose of carrying on specif c activities or attaining certain objectives in accordance with special regulations, restrictions, or limitations. The City, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with f nance- related legal requirements. All the funds of the City can be divided into three categories: governmental funds, proprietary funds and f duciary funds. Operations of each fund are accounted for with a separate set of self -balancing accounts that comprise its assets, liabilities, fund equity, revenues and expenditures or expenses as appropriate. City resources are allocated to and accounted for in individual funds based upon the purposes for which they are to be spent and the means by which spending activities are controlled. Governmental Accounting Standards state that an entity should establish only the minimum number of funds consistent with legal and operating requirements. This is because the use of unnecessary funds for f nancial reporting purposes can result in inflexibility, undue complexity and ineff cient f nancial administration. Any budgeted fund that represents more than 10% of the total appropriated revenues or expenditures is considered a major fund. The City's fund structure for budgetary purposes is the same for its audited f nancial statements. All the City's governmental and proprietary funds' budgets are appropriated and legally adopted by Ordinance of the City Commission. The f duciary funds are excluded as the City does not control the resources that are managed in a trustee or f duciary capacity. The breakdown of the City's fund structure is as follows: Governmental Fund Types The City reports the following major governmental funds: General Fund - This is the City's primary operating fund. It accounts for all f nancial resources of the general government, except those required to be accounted for in another fund. The City also reports numerous non -major governmental funds. They are as follows: o Tree Replacement Fund - This fund is used to provide funding to ensure compliance with Chapter 23 of the Code of Ordinances governing protected tree and landscaping requirements. o Local Option Gas Tax Fund - This fund is used to account for the City's share of the County Gas Tax Revenues to be used in support of capital outlay and maintenance for local roads and drainage systems. o Convention Development Tax Fund - This fund is to account for the levy of the local tourist development tax revenue received. o Half -Cent Sales Tax (Better Jax) Fund - This fund provides for the collection and spending of the additional half -cent sales tax. o Parking Facilities - This fund accounts for paid parking revenue received from the Atlantic Beach side of the Town Center. o Law Enforcement Special Revenue Funds -Grants, Training, Forfeiture and Radio o Debt Service - This fund accounts for debt service payments for the 2018 Revenue Bond. o Capital Projects - This fund accounts for the acquisition or construction of various major projects. Proprietary Fund Types The City reports the following proprietary funds: Water Utility Fund: This fund is used for the activities of water operations, which includes user fees, operations and capital projects. Sewer Utility Fund: This fund is used for the activities of wastewater operations, which include user fees, operations and capital projects. Sanitation Fund: This fund is used to account for the fees charged and the costs associated with the collection and disposal of refuse. Buildina Code Enforcement Fund: This fund is used to account for the fees charged for enforcing the Florida Building Code per section 553.80 F.S. OP City of Atlantic Beach 1 Budget Book 2025 Page 14 Stormwater Fund: This fund accounts for the construction and maintenance of the City's stormwater system. Fiduciary Fund Types The City reports the following f duciary funds: General Employees' Pension Trust Fund - This fund accounts for the accumulation of resources and for contributions and benef is of the general employees of the City hired prior to September 1, 2008. Police Off cers' Pension Trust Fund - This fund accounts for the accumulation of resources and for contributions and benef is of the police off cers of the City. City of Atlantic Beach 1 Budget Book 2025 Page 15 Basis of Budgeting The budget is adopted on a basis consistent with Generally Accepted Accounting Principles (GAAP) with the following exceptions: o Advances from other funds are presented as revenues. o Encumbrances, advances to other funds, and principal on long-term debt of proprietary funds are presented as expenditures or expenses. o Depreciation and compensated absences are not budgeted in any funds. The basis of accounting for governmental funds is modif ed accrual. Under the modif ed accrual basis, revenues are recognized when they become susceptible to accrual, i.e. measurable and available to f nance the City's operations. Available refers to collective within the current period or soon enough thereafter to be used to pay liabilities of the current period. An example would be sales tax or state revenue sharing that is measurable but may not be received until after the end of the year. Expenditures (decreases in net f nancial resources) are recognized in the accounting period in which the related fund liabilities are incurred, as long as they are measurable. An exception to this is long-term debt and the long-term portion of accumulated compensated absences which are recognized when due. In applying the susceptible to accrual concept to intergovernmental revenues, the legal and contractual requirements of the numerous individual programs are used as a guide. There are, however, essentially two types of these revenues. In one, monies must be expensed on the specif c purpose or project before any amounts are paid to the City; therefore, revenues are recognized based upon the expenditures recorded. In the other, monies are virtually unrestricted as to the purpose of the expenditure and are usually recovable only for failure to comply with prescribed compliance requirements. The resources are reflected as revenues at the time of receipt or earlier if susceptible to accrual. The major utility taxes and franchise fees are recorded as revenues when earned. Licenses and permits, f nes and forfeitures, charges for services, and other revenues (except investment earnings) are recorded as revenues when received in cash because they are generally not measurable until actually received. Property taxes are recorded as revenues in the f scal year levied provided they are collected in the current period or within sixty days thereafter. Investment income is recorded as revenue when it is earned. Special assessments are recorded as revenues only to the extent that individual installments are considered available. The accrual basis of accounting is utilized by proprietary and pension funds. Under the accrual basis, revenues are recognized in the accounting period in which they are earned, if objectively measurable, whether collected sooner or later. Expenses, not expenditures, are recognized when the benef is of cost incurred deemed to have been consumed or expired. Long-term liabilities are accounted for through those funds. Depreciation off xed assets (including capital outlay equipment purchased in the operating budget) is recorded in the accounts of these funds as well as on a straight-line basis over their useful lives. City of Atlantic Beach 1 Budget Book 2025 Page 16 Budget Timeline The budget is dependent upon the ad valorem millage rate, which was primarily established in July and formally adopted in September. The budget is legally adopted via ordinance following two public hearings. The budgets for all appropriated funds are prepared using the same basis of accounting used in the City's audited f nancial statements; the General Fund, Special Revenue Funds, and Debt Service Fund are budgeted using a modif ed accrual basis of accounting; an accrual basis is used for Enterprise Funds. • • • • • • • • • • May 6, 2024 Department Heads begin submitting departmental budget requests Jun 3, 2024 Preliminary estimate of taxable property values received from the Property Appraiser Jun 12, 2024 City Manager begins holding meetings with Department Heads to discuss their proposed budget requests Jul 1, 2024 Duval County Property Appraiser releases Certificate of Taxable Value Jul 8, 2024 First City Commission budget workshop Jul 22, 2024 Second City Commission budget workshop Aug 2, 2024 Tentative millage rate due to the Duval County Property Appraiser Aug 12, 2024 Third City Commission budget workshop Aug 29, 2024 Fourth City Commission budget workshop Sep 9, 2024 First budget hearing; adoption of tentative millage rate City of Atlantic Beach 1 Budget Book 2025 Page 17 • • • Sep 19, 2024 Required budget advertisements in Newspaper Sep 23, 2024 Final budget public hearing; adoption of FY2025 budget and millage rate Oct 1, 2024 Newly adopted budget goes into effect City of Atlantic Beach 1 Budget Book 2025 Page 18 Financial Policies The following policy statements are the basis of the daily operations of the City of Atlantic Beach. The f nancial policy statements establish the rules by which the budget is implemented and monitored. Balanced Budaet o The City of Atlantic Beach will maintain a balanced budget. A budget is balanced when the sum of estimated net revenues and appropriated fund balances are equal to appropriations. o The City will strive to balance current expenditures with current revenues. However, it is recognized that this does not always occur. In these instances, the use of "Appropriated Fund Balance" is permitted. This is the process of bringing forward unspent dollars from previous f scal years' budgets to the current f scal year's budget. Budget o Public Hearings are held to obtain citizen input and to comply with Florida Statute Chapter 200.65 known as TRIM (Truth In Millage). o The budget is adopted by ordinance prior to October 1st of each f scal year. o The City Manager may at any time transfer any unencumbered appropriation balance, or portion thereof, between general classif cations of expenditures within an off ce, department or agency. The City Commission may at any time transfer any unencumbered appropriation balance, or portion thereof, from one off ce, department or agency to another off ce, department or agency. Fund Balance o The fund balance range for the General Fund shall not be less than 25% of budgeted operating expenditures and not more than 50% of budgeted operating expenditures. o The Water, Sewer and Stormwater Utility Funds fund balance shall not be less than 25% of operating expenditurs. City of Atlantic Beach 1 Budget Book 2025 Page 19 FUND SUMMARIES City of Atlantic Beach 1 Budget Book 2025 Page 20 All Funds Summary The City of Atlantic Beach is projecting $58.68M of revenue in FY2025, which represents a 0.8% decrease over the prior year. Budgeted expenditures are projected to decrease by 0.8% or $465.91K to $58.68M in FY2025. $80M $60M $40M $20M $o 010 01'\ 0<1' 04' 19 19 O�� OHO 01< 19 19 01� p�O 19 1.° O� ODM O�� O�� Revenue by Fund 2025 Revenue by Fund Comm Dev Block Grant Fund (0.5%) Building Code Enforcement Fund (1.2%) Local Option Gas Tax Fund (1.3%) Pension Trust Fund -Police (1.5%) Better Jax 1/2 Ct Sale Tx (2.2%) Pension Trust Fd -General (3.4%) Sanitation Fund (4.4%) Capital Projects Fund (5.9%) Storm Water Drainage Fund (7.6%) Water Fund (17%) City of Atlantic Beach 1 Budget Book 2025 • Actual Revenue Source • Budgeted Revenue Source • Over Budget Revenue Source • Actual Expenditures • Budgeted Expenditures General Fund (34%) Sewer Fund (19.5%) Page 21 m m a) aU Name 100% 75% 50% 25% 0% -25% Budgeted and Historical 2025 Revenue by Fund • ■ 1 1 0 � ry0 �^ �ry � �� ,6 N �� - ry� ry� ryry ryry ry� ryo on ryo ryo ryo <-0 o <0o ryo ryo ryo -0, General Fund Comm Dev Block Grant Fund Tree Replacement Fund Pay For Parking Rev Fund Convention Dev Tax Fund Local Option Gas Tax Fund Better Jax 1/2 Ct Sale Tx Court Cost Training Fund Radio Communication Fund Fdle Jag Grant -Cops American Rescue Plan Act Debt Service Fund Capital Projects Fund Water Fund Sewer Fund Water -System Dev-Sdc-Fees Sewer -System Dev-Sdc-Fees Sanitation Fund Building Code Enforcement Fu nd Storm Water Drainage Fund Pension Trust Fund -Police Pension Trust Fd -General Total: ryo ryo ryo ryo ryo FY2022 FY2023 Actual Actual $16,866,285.95 $274,675.07 $101,823.25 $110,304.63 $191207.26 $693,305.35 $1,258,537.87 $5,745.03 $23,318.80 $0.00 $8,947,842.92 $123,133.00 $3,613,012.04 $4,767,259.32 $7,672,088.89 $217,172.22 $702,517.70 $2,015,476.78 $580,894.06 $1,382,447.60 -$1,370,350.18 -$2,795,276.07 $45,381,421.49 $17,402,254.14 $271,550.00 $86,491.00 $118,337.00 $163,286.00 $614,226.00 $1,165,799.00 $4,579.82 $24,089.00 $0.00 $4,328,427.00 $120,293.00 $2,296,155.00 $4,807,840.00 $7,050,719.00 $0.00 $156,131.00 $2,172,324.00 $531,672.00 $4,361,453.00 $2,714,651.00 $4,079,688.00 $52,469,964.96 FY2024 Budgeted $18,696,633.00 $318,900.00 $85,000.00 $110,338.00 $122,364.00 $759,601.00 $862,650.00 $25,000.00 $1,000.00 $56,347.00 $1,449,148.00 $122,364.00 $5,773,680.00 $8,780,290.58 $9,631,649.00 $100,000.00 $200,000.00 $2,547,302.00 $720,609.00 $5,489,097.00 $1,211,057.00 $2,083,265.00 $59,146,294.58 • Court Cost Training Fund • Radio Communication Fund • Water -System Dev-Sdc-Fees Sewer -System Dev-Sdc-Fees • Tree Replacement Fund • Pay For Parking Rev Fund • Convention Dev Tax Fund • Fdle Jag Grant -Cops • Debt Service Fund • American Rescue Plan Act • Comm Dev Block Grant Fund Building Code Enforcement Fund • Local Option Gas Tax Fund • Pension Trust Fund -Police • Better Jax 1/2 Ct Sale Tx • Pension Trust Fd -General • Sanitation Fund • Capital Projects Fund • Storm Water Drainage Fund Water Fund • Sewer Fund • General Fund FY2025 Budgeted $19,973,370.00 $312,950.00 $116,000.00 $127,455.00 $119,347.00 $735,559.00 $1,266,480.00 $5,000.00 $10,000.00 $117,557.00 $260,103.00 $119,347.00 $3,468,065.00 $9,958,063.42 $11,417,759.41 $0.00 $0.00 $2593,339.82 $728,329.00 $4,463,552.00 $902,864.00 $1,985,243.00 $58,680,383.65 FY2024 Budgeted vs. FY2025 Budgeted (% Change) 6.8% - 1.9% 36.5% 15.5% - 2.5% -3.2% 46.8% - 80% 900% 108.6% - 82.1% - 2.5% - 39.9% 13.4% 18.5% - 100% - 100% 1.8% -18.7% -25.4% - 4.7% -0.8% City of Atlantic Beach 1 Budget Book 2025 Page 22 m agU N a Name Revenues by Source Projected 2025 Revenues by Source Judgements, Fines and Forfeits (0.3%) Permits, Fees, and Special Assessments (3%) Misc Revenues (6%) Intergovernmental Revenue (13.8%) 100% 75% 50% 25% 0% 1 1 Taxes (19.6%) Other Sources (28.7%) Charges for Services (28.5%) Budgeted and Historical 2025 Revenues by Source i 1 1 1 1 1 11 ji -25% F o F oF F oFyoo oo o o o AR�4R_(1,41,Jgti�rd'sIC?- F Q�Q�FyQ F3' Q Revenue Source Taxes Permits, Fees, and Special Assessments Intergovernmental Revenue FY2022 FY2023 Actual Actual $10,136,062.56 $2,673,087.90 $11,690,463.55 $10,371,674.00 $1,774,451.00 $9,776,673.00 Judgements, Fines and Forfeits • Permits, Fees, and Special Assessments • Misc Revenues • Intergovernmental Revenue • Taxes • Charges for Services • Other Sources FY2024 Budgeted $10,837,876.00 $2,044,479.00 $6,631,272.00 FY2025 FY2024 Budgeted vs. Budgeted FY2025 Budgeted (% Change) $11,512,695.00 $1,765,899.00 $8,117,932.00 6.2% -13.6% 22.4% City of Atlantic Beach 1 Budget Book 2025 Page 23 Name Charges for Services Judgements, Fines and Forfeits Misc Revenues Other Sources Total Revenue Source: FY2022 FY2023 Actual Actual $16,399,107.77 $267522.69 -$4,995,770.05 $9,210,947.07 $15,991,505.66 $269,291.14 $7,545,522.16 $6,740,848.00 $45,381,421.49 ' $52,469,964.96 FY2024 Budgeted $16,044,617.58 $124,375.00 $3,754,744.00 $19,708,931.00 $59,146,294.58 Expenditures by Fund 2025 Expenditures by Fund Comm Dev Block Grant Fund (0.5%) Building Code Enforcement Fund (1.2%) Local Option Gas Tax Fund (1.3%) Pension Trust Fund -Police (1.5%) — Better Jax 1/2 Ct Sale Tx (2.2%) Pension Trust Fd -General (3.4%) Sanitation Fund (4.4%) Capital Projects Fund (5.9%) Storm Water Drainage Fund (7.6%) Water Fund (17%) FY2025 Budgeted $16,735,175.65 $166,200.00 $3,521,886.00 $16,860,596.00 $58,680,383.65 FY2024 Budgeted vs. FY2025 Budgeted (% Change) General Fund (34%) Sewer Fund (19.5%) 4.3% 33.6% -6.2% -14.5% -0.8% City of Atlantic Beach 1 Budget Book 2025 Page 24 m U a Name 100% 80% 60% 40% 20% 0% Budgeted and Historical 2025 Expenditures by Fund General Fund Comm Dev Block Grant Fund Tree Replacement Fund Pay For Parking Rev Fund Convention Dev Tax Fund Local Option Gas Tax Fund Better Jax 1/2 Ct Sale Tx Court Cost Training Fund Radio Communication Fund Fdle Jag Grant -Cops American Rescue Plan Act Debt Service Fund Capital Projects Fund Water Fund Sewer Fund Water -System Dev-Sdc-Fees Sewer -System Dev-Sdc-Fees Sanitation Fund Building Code Enforcement Fund Storm Water Drainage Fund Pension Trust Fund -Police Pension Trust Fd -General Total: ■■■-■II i 12 I • • 1 o\<5 o o \CD 409< o'C� NC' `io o`.> 41' c§i, c)9/b' oIy FY2022 Actual $15,291,505.12 $58,008.07 $14,405.00 $0.00 $307,768.00 $691,741.13 $1,992,985.34 $25,979.43 $0.00 $2,131.99 $4,619,415.00 $123,132.50 $1,778,743.99 $3,328,251.04 $5,855,988.24 $0.00 $0.00 $2,366,771.32 $589,654.08 $1,926,489.93 $920,632.15 $1,654,269.34 $41,547,871.67 FY2023 Actual $16,619228.98 $37,437.00 $27,766.00 $50,000.00 $120,293.00 $812,256.00 $1,949,396.00 $34,545.00 $0.00 $0.00 $2,879,280.00 $120,293.00 $3,352,045.00 $5,862,933.00 $6,553,872.00 $0.00 $0.00 $2,736,262.00 $603,245.00 $1,543,775.00 $815,996.00 $2,128,537.00 $46,247,159.98 FY2024 Budgeted $18,696,632.75 $318,900.00 $85,000.00 $110,338.00 $122,364.00 $759,601.00 $862,650.00 $25,000.00 $1,000.00 $56,347.00 $1,449,148.00 $122,364.00 $5,773,680.00 $8,780,290.60 $9,631,649.20 $100,000.00 $200,000.00 $2,547,302.36 $720,608.69 $5,489,097.30 $1,211,057.00 $2,083,265.00 $59,146,294.90 • Court Cost Training Fund • Radio Communication Fund Water -System Dev-Sdc-Fees • Sewer -System Dev-Sdc-Fees • Tree Replacement Fund • Pay For Parking Rev Fund • Convention Dev Tax Fund • Fdle Jag Grant -Cops • Debt Service Fund • American Rescue Plan Act • Comm Dev Block Grant Fund Building Code Enforcement Fund • Local Option Gas Tax Fund • Pension Trust Fund -Police • Better Jax 1/2 Ct Sale Tx • Pension Trust Fd -General • Sanitation Fund • Capital Projects Fund • Storm Water Drainage Fund Water Fund • Sewer Fund • General Fund FY2025 Budgeted $19,973,370.03 $312,950.00 $116,000.00 $127,455.00 $119,347.00 $735,559.00 $1,266,480.00 $5,000.00 $10,000.00 $117,557.00 $260,103.00 $119,347.00 $3,468,065.00 $9,958,063.87 $11,417,759.62 $0.00 $0.00 $2,593,339.84 $728,328.61 $4,463,551.51 $902,864.00 $1,985,243.00 $58,680,383.48 FY2024 Budgeted vs. FY2025 Budgeted (% Change) 6.8% - 1.9% 36.5% 15.5% - 2.5% -3.2% 46.8% - 80% 900% 108.6% - 82.1% - 2.5% - 39.9% 13.4% 18.5% - 100% - 100% 1.8% -18.7% -25.4% - 4.7% -0.8% City of Atlantic Beach 1 Budget Book 2025 Page 25 a) c c w a 100% 75% 50% 25% 0% -25% Expenditures by Function Budgeted Expenditures by Function Other Nonoperating (0.2%) Human Services (0.2%) Culture and Recreation (5%) Other Uses (7.5%) Transportation (8.7%) Public Safety (15.6%) .4114111111/.11 General Government (15.9%) Physical Environment (46.9%) Budgeted and Historical Expenditures by Function Ij.1!jIIiIhI.'1 1 III1' 1 ,,6 A $ ti� ti titi ti3 ti� tih y�o A�o yRo ��o ��O y�o ho ��o -,o• yRo ��o -.10 ytio Jho �V �tio Q F F F F F (<-k F F F Q F F F F F Human Services • Other Nonoperating • Culture and Recreation • Other Uses • Transportation Public Safety • General Government • Physical Environment Name FY2022 Actual FY2023 Actual FY2024 FY2025 FY2024 Budgeted vs. Budgeted Budgeted FY2025 Budgeted (% Change) Expenditures General Government City of Atlantic Beach 1 Budget Book 2025 Page 26 Name Personnel Services Operating Expenses Grants and Aids Capital Outlay Debt Service Total General Government: Public Safety Operating Expenses Capital Outlay Personnel Services Total Public Safety: Physical Environment Operating Expenses Debt Service Personnel Services Capital Outlay Total Physical Environment: Transportation Personnel Services Operating Expenses Capital Outlay Total Transportation: Human Services Personnel Services Operating Expenses Total Human Services: Culture and Recreation Personnel Services Operating Expenses Capital Outlay Grants and Aids Total Culture and Recreation: Other Uses Other Uses Debt Service Total Other Uses: FY2022 Actual $2,881,230.18 $4,174,804.72 $6,000.00 $292543.64 $123,132.50 $7,477,711.04 FY2023 Actual $3,135,292.00 $4,608,236.98 $12,000.00 $242,240.00 $120,293.00 $8,118,061.98 FY2024 Budgeted FY2025 Budgeted $3,116,652.83 $3,472,225.42 $5,494,674.07 $5,642,296.85 $12,000.00 $9,000.00 $111,500.00 $75,000.00 $122,364.00 $119,347.00 $8,857,190.90 $9,317,869.27 $2,114,847.70 $2,434,799.00 $2,558,913.78 $2,679,496.03 $413,093.45 $301,284.00 $980,747.00 $107,710.00 $5,226,797.86 $5,398,029.00 $5,635,580.11 $6,384,091.78 $7,754,739.01 $8,134,112.00 $9,175,240.89 $9,171,297.81 $8,308534.71 $1,737,000.00 $2,532,575.88 $1,438,938.80 $14,017,049.39 $6,693,154.00 $1,777,000.00 $2,671,342.00 $4,000,240.00 $15,141,736.00 $8,849,695.50 $1,815,000.00 $2,901,052.96 $10,986,630.00 $24,552,378.46 $8,722,182.38 $1,851,000.00 $2,988,224.46 $13,955,030.00 $27,516,436.84 $892,932.90 $1,141,892.00 $1,222,677.00 $1,249,010.07 $872,341.62 $920,296.00 $1,249,603.00 $1,566,181.13 $1,839,153.61 $3,419,053.00 $4,066,250.00 $2,272,180.00 $3,604,428.13 $5,481,241.00 $6,538,530.00 $5,087,371.20 $111,811.31 $5,054.24 $116,865.55 $108,764.00 $3,427.00 $112,191.00 $117,292.34 $11,150.00 $128,442.34 $131,389.39 $11,580.00 $142,969.39 $850,455.90 $730,419.00 $721,709.31 $783,863.97 $593,572.57 $726,259.00 $800,752.00 $880,520.00 $397,917.87 $740,150.00 $1,683,180.00 $1,165,380.00 $50,280.00 $80,737.00 $81,000.00 $81,000.00 $1,892,226.34 $2,277,565.00 $3,286,641.31 $2,910,763.97 $9,410,947.07 $6,790,848.00 $2,810.40 $0.00 $9,413,757.47 $6,790,848.00 $6,455,405.00 $0.00 $6,455,405.00 $4,415,308.00 $0.00 $4,415,308.00 FY2024 Budgeted vs. FY2025 Budgeted (% Change) 11.4% 2.7% -25% -32.7% -2.5% 5.2% 4.7% -89% 13.3% 0% -1.4% 2% 3% 27% 12.1% 2.2% 25.3% -44.1% -22.2% 12% 3.9% 11.3% 8.6% 10% -30.8% 0% -11.4% City of Atlantic Beach 1 Budget Book 2025 Page 27 Name Other Nonoperating Debt Service Capital Outlay Total Other Nonoperating: Total Expenditures: FY2022 Actual FY2023 Actual $228,986.72 -$2,957,891.98 -$2,728,905.26 $41,547,871.67 $191,405.00 $0.00 $191,405.00 $46,247,159.98 FY2024 Budgeted $152,466.00 $0.00 $152,466.00 $59,146,294.90 FY2025 Budgeted $118,367.00 $0.00 $118,367.00 $58,680,383.48 Expenditures by Expense Type Budgeted Expenditures by Expense Type Grants and Aids (0.2%) Debt Service (3.6%) Other Uses (7.5%) Personnel Services (25.6%) Capital Outlay (30%) FY2024 Budgeted vs. FY2025 Budgeted (% Change) Operating Expenses (33.2%) -22.4% 0% -22.4% -0.8% City of Atlantic Beach 1 Budget Book 2025 Page 28 m U a Name 10o% 80% 60% 40% 20% 0% -20% Budgeted and Historical Expenditures by Expense Type IIIIiIIIIIiIIiii ,mob \s �� \6 <\ �� \C ti9q> titi tib ryl by 41'2 4412 4412 tib 4412 44 441'2 441'24- k22 441'2 4412 44'1'2 44 44124- kl2 4412 Expense Objects Personnel Services • Grants and Aids • Debt Service • Other Uses • Personnel Services • Capital Outlay • Operating Expenses FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) General Government $2,881,230.18 $3,135,292.00 $3,116,652.83 $3,472,225.42 11.4% Public Safety $5,226,797.86 $5,398,029.00 $5,635,58011 $6,384,091.78 13.3% Physical Environment $2,532,575.88 $2,671,342.00 $2,901,052.96 $2,988,224.46 3% Transportation $892,932.90 $1,141,892.00 $1,222,677.00 $1,249,010.07 2.2% Human Services $111,811.31 $108,764.00 $117,292.34 $131,389.39 12% Culture and Recreation $850,455.90 $730,419.00 $721,709.31 $783,863.97 8.6% Total Personnel Services: $12,495,804.03 $13,185,738.00 $13,714,964.55 $15,008,805.09 9.4% Operating Expenses General Government $4,174,804.72 $4,608,236.98 $5,494,674.07 $5,642296.85 2.7% Public Safety $2,114,847.70 $2,434,799.00 $2558,913.78 $2,679,496.03 4.7% Physical Environment $8,308,534.71 $6,693,154.00 $8,849,695.50 $8,722,182.38 -1.4% Transportation $872,341.62 $920,296.00 $1,249,603.00 $1566,181.13 25.3% Human Services $5,054.24 $3,427.00 $11,150.00 $11,580.00 3.9% Culture and Recreation $593572.57 $726,259.00 $800,752.00 $880,520.00 10% Total Operating Expenses: $16,069,155.56 $15,386,171.98 $18,964,788.35 $19,502,256.39 2.8% Capital Outlay General Government $292,543.64 $242,240.00 $111,500.00 $75,000.00 -32.7% Public Safety $413,093.45 $301,284.00 $980,747.00 $107,710.00 -89% Physical Environment $1,438,938.80 $4,000,240.00 $10,986,630.00 $13,955,030.00 27% Transportation $1,839,153.61 $3,419,053.00 City of Atlantic Beach 1 Budget Book 2025 $4,066,250.00 $2,272,180.00 -44.1% Page 29 Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted Culture and Recreation Other Nonoperating Total Capital Outlay: Debt Service General Government Physical Environment Other Uses Other Nonoperating Total Debt Service: Grants and Aids General Government Culture and Recreation Total Grants and Aids: Other Uses Other Uses Total Other Uses: Total Expense Objects: $397,917.87 -$2,957,891.98 $1,423,755.39 $123,132.50 $1,737,000.00 $2,810.40 $228,986.72 $2,091,929.62 $6,000.00 $50,280.00 $56,280.00 $740,150.00 $0.00 $8,702,967.00 $12029300 $1,777,000.00 $0.00 $191,405.00 $2,088,698.00 $12,000.00 $80,737.00 $92,737.00 $9,410,947.07 $6,790,848.00 $9,410,947.07 $6,790,848.00 $41,547,871.67 $46,247,159.98 $1,683,180.00 $0.00 $17,828,307.00 $1,165,380.00 $0.00 $17,575,300.00 $122,364.00 $119,347.00 $1,815,000.00 $1,851,000.00 $0.00 $0.00 $152,466.00 $118,367.00 $2,089,830.00 $2,088,714.00 $12,000.00 $81,000.00 $93,000.00 $6,455,405.00 $6,455,405.00 $59,146,294.90 $9,000.00 $81,000.00 $90,000.00 $4,415,308.00 $4,415,308.00 $58,680,383.48 FY2024 Budgeted vs. FY2025 Budgeted (% Change) -30.8% 0% -1.4% -2.5% 2% 0% -22.4% -0.1% -25% 0% -3.2% -31.6% -31.6% -0.8% City of Atlantic Beach 1 Budget Book 2025 Page 30 General Fund Summary The City of Atlantic Beach is projecting $19.97M of revenue in FY2025, which represents a 6.8% increase over the prior year. Budgeted expenditures are projected to increase by 6.8% or $1.28M to $19.97M in FY2025. $25 M $20M $15M $10M $5M $o 011 011' 01') Q11' Q1h Q4 1 Q1\ 016 Q° Q,1Q 1.> . Q,1 O1M ,1 Q,1'tx Oh r15:) �1ti �yti „..11, Al, �yti Al, �� 441, _11, �1ti 4"ti 4'ti Revenues by Source Projected 2025 Revenues by Source Judgements, Fines and Forfeits (0.8%) Misc Revenues (1.2%) Permits, Fees, and Special Assessments (5.5%) Other Sources (13.1%) Charges for Services (13.3%) Intergovernmental Revenue (19.7%) City of Atlantic Beach 1 Budget Book 2025 • Actual Revenue Source • Budgeted Revenue Source • Over Budget Revenue Source • Actual Expenditures • Budgeted Expenditures • Over Budget Expenditures Taxes (46.3%) Page 31 Budgeted and Historical 2025 Revenues by Source 00 80 11 111 11ll 60% 40% 20% 0% -20% Name Revenue Source Taxes iiiiii!!liiII Permits, Fees, and Special Assessments Intergovernmental Revenue Charges for Services Judgements, Fines and Forfeits Misc Revenues Other Sources Total Revenue Source: FY2022 Actual $7,865,034.99 $1,097,637.25 $2,740,161.96 $2,670,939.77 $234,135.96 -$106,620.98 $2,364,997.00 $16,866,285.95 FY2023 Actual $8,274,431.00 $1,015,092.00 $2,303,202.00 $2,756,954.66 $243,044.14 $408,237.34 $2,401,293.00 $17,402,254.14 • Judgements, Fines and Forfeits • Misc Revenues • Permits, Fees, and Special Assessments • Other Sources Charges for Services • Intergovernmental Revenue • Taxes FY2024 Budgeted $8,512,261.00 $1,105,626.00 $3,653,294.00 $2,824,773.00 $111,375.00 $244,050.00 $2,245,254.00 $18,696,633.00 FY2025 FY2024 Budgeted vs. Budgeted FY2025 Budgeted (% Change) $9,254,856.00 $1,105,626.00 $3,934,941.00 $2,663,521.00 $151,200.00 $244,050.00 $2,619,176.00 $19,973,370.00 8.7% 0% 7.7% -5.7% 35.8% 0% 16.7% 6.8% - City of Atlantic Beach 1 Budget Book 2025 Page 32 a) c w a Name Expenditures Commission Expenditures by Function Budgeted Expenditures by Function Human Services (0.7%) Other Uses (5.4%) Culture and Recreation (9.5%) Transportation (14.3%) General Government (28.6%) Public Safety (41.6%) Budgeted and Historical Expenditures by Function I I I I I I il I I I I I I I 1 ytio 6,\ ARo ytio ytio ytio ytio ytio ytio ytio ytio ytio ytio tio ytio yti" Q F F F F F F F F F Q F F (<-k F F City of Atlantic Beach 1 Budget Book 2025 • Human Services • Other Uses • Culture and Recreation • Transportation • General Government • Public Safety FY2022 FY2023 FY2024 FY2025 FY2024 Budgeted vs. Actual Actual Budgeted Budgeted FY2025 Budgeted (% Change) Page 33 Name FY2022 FY2023 FY2024 FY2025 FY2024 Budgeted vs. Actual Actual Budgeted Budgeted FY2025 Budgeted (% Change) Personnel Services $39,729.34 $41,997.00 $42522.82 $45,206.24 6.3% Operating Expenses $1,911.02 $5,221.00 $13,448.00 $15,160.00 12.7% Grants and Aids $6,000.00 $12,000.00 $12,000.00 $9,000.00 -25% Total Commission: $47,640.36 $59,218.00 $67,970.82 $69,366.24 2.1% Executive Personnel Services $712,947.02 $806,641.00 $910,870.67 $951,057.27 4.4% Operating Expenses $52,028.61 $38,611.63 $126,696.00 $83,203.00 -34.3% Capital Outlay $0.00 $20,892.00 $0.00 $0.00 0% Total Executive: $764,975.63 $866,144.63 $1,037,566.67 $1,034,260.27 -0.3% Finance &Administration Personnel Services $1,358,185.59 $1,445,475.00 $1,398,429.62 $1,612,816.19 15.3% Operating Expenses $404,626.73 $494,765.00 $256,735.00 $266,099.00 3.6% Capital Outlay $0.00 $25,698.00 $0.00 $0.00 0% Total Finance & Administration: $1,762,812.32 $1,965,938.00 $1,655,164.62 $1,878,915.19 13.5% Legal Counsel Legal Services Operating Expenses $177594.05 $161,411.00 $196,428.57 $165,375.00 -15.8% Total Legal Services: $177,594.05 $161,411.00 $196,428.57 $165,375.00 -15.8% Total Legal Counsel: $177,594.05 $161,411.00 $196,428.57 $165,375.00 -15.8% Comprehensive Planning Personnel Services $299,988.32 $348,662.00 $285,497.00 $318,669.58 11.6% Operating Expenses $23,404.53 $30,249.35 $215,370.00 $156,000.00 -27.6% Capital Outlay $0.00 $0.00 $0.00 $1,500.00 N/A Total Comprehensive Planning: $323,392.85 $378,911.35 $500,867.00 $476,169.58 -4.9% Non -Court Information Sys Personnel Services $264,923.12 $272,628.00 $279,281.40 $350,318.36 25.4% Operating Expenses $423,410.13 $440,978.00 $584,530.00 $599,189.85 2.5% Capital Outlay $26,886.32 $35,145.00 $51,000.00 $51,000.00 0% Total Non -Court Information Sys: $715,219.57 $748,751.00 $914,811.40 $1,000,508.21 9.4% Other General Government Personnel Services $205,456.79 $219,889.00 $200,05132 $194,157.78 -2.9% Operating Expenses $486,758.16 $464,702.00 $834,403.50 $863,458.00 3.5% Capital Outlay $88,433.98 $160,505.00 $60,500.00 $22,500.00 -62.8% Total Other General Government: Public Safety $780,648.93 $845,096.00 $1,094,954.82 $1,080,115.78 -1.4% City of Atlantic Beach 1 Budget Book 2025 Page 34 Name FY2022 FY2023 FY2024 FY2025 FY2024 Budgeted vs. Actual Actual Budgeted Budgeted FY2025 Budgeted (% Change) Personnel Services $4,736,190.82 $4,997,801.00 $5,156,536.42 $5,845,540.90 13.4% Operating Expenses $1,970,775.24 $2,197,237.00 $2,322,348.78 $2,449,371.30 5.5% Capital Outlay $370,617.38 $301,284.00 $893,400.00 $15,500.00 -98.3% Total Public Safety: $7,077,583.44 $7,496,322.00 $8,372,285.20 $8,310,412.20 -0.7% Transportation Personnel Services $892,932.90 $1,141,892.00 $1,222,677.00 $1,249,010.07 2.2% Operating Expenses $872,341.62 $920,296.00 $1,162,653.00 $1,479,231.13 27.2% Capital Outlay $182206.90 $125,271.00 $280,000.00 $127,000.00 -54.6% Total Transportation: $1,947,481.42 $2,187,459.00 $2,665,330.00 $2,855,241.20 7.1% Human Services Personnel Services $111,811.31 $108,764.00 $117,292.34 $131,389.39 12% Operating Expenses $5,054.24 $3,427.00 $11,150.00 $11,580.00 3.9% Total Human Services: $116,865.55 $112,191.00 $128,442.34 $142,969.39 11.3% Culture and Recreation Personnel Services $850,455.90 $730,419.00 $721,709.31 $783,863.97 8.6% Operating Expenses $593,572.57 $726,259.00 $800,752.00 $880,520.00 10% Capital Outlay $82,982.53 $159,122.00 $199,500.00 $142,200.00 -28.7% Grants and Aids $50,280.00 $80,737.00 $81,000.00 $81,000.00 0% Total Culture and Recreation: $1,577,291.00 $1,696,537.00 $1,802,961.31 $1,887,583.97 4.7% Other Uses Other Uses $0.00 $101,250.00 $259,850.00 $1,072,453.00 312.7% Total Other Uses: $0.00 $101,250.00 $259,850.00 $1,072,453.00 312.7% Total Expenditures: $15,291,505.12 $16,619,228.98 $18,696,632.75 $19,973,370.03 6.8% City of Atlantic Beach 1 Budget Book 2025 Page 35 c m U a Expenditures by Expense Type Budgeted Expenditures by Expense Type Grants and Aids (0.5%) Capital Outlay (1.8%) Other Uses (5.4%) Operating Expenses (34.9%) 100% 80% 60% 40% 20% 0% Personnel Services (57.5%) Budgeted and Historical Expenditures by Expense Type \6 �� C ,�6 ,�6 �A �$ �, ti0 ti� ryti ti3 ti� IC? O ,go yrb o o Ar6 o yRb ��6 Jho ytib 6 ,10 •fr b O Jho F F F F F F Q F F Q F F F F F F • Debt Service • Grants and Aids • Capital Outlay • Other Uses • Operating Expenses • Personnel Services Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Expense Objects Personnel Services City of Atlantic Beach 1 Budget Book 2025 Page 36 Name General Government Public Safety Transportation Human Services Culture and Recreation Total Personnel Services: Operating Expenses General Government Public Safety Transportation Human Services Culture and Recreation Total Operating Expenses: Capital Outlay General Government Public Safety Transportation Culture and Recreation Total Capital Outlay: Grants and Aids General Government Culture and Recreation Total Grants and Aids: Other Uses Other Uses Total Other Uses: Total Expense Objects: FY2022 Actual $2,881230.18 $4,736,190.82 $892,932.90 $111,811.31 $850,455.90 $9,472,621.11 FY2023 Actual $3,135,292.00 $4,997,801.00 $1,141,892.00 $108,764.00 $730,419.00 $10,114,168.00 FY2024 Budgeted FY2025 Budgeted $3,116,652.83 $5,156,536.42 $1,222,677.00 $117,292.34 $721,709.31 $10,334,867.90 $3,472,225.42 $5,845,540.90 $1,249,010.07 $131,389.39 $783,863.97 $11,482,029.75 $1,569,733.23 $1,635,937.98 $2,227,611.07 $2,148,484.85 $1,970,775.24 $2,197,237.00 $2,322,348.78 $2,449,371.30 $872,341.62 $920,296.00 $1,162,653.00 $1,479,231.13 $5,054.24 $3,427.00 $11,150.00 $11,580.00 $593572.57 $726,259.00 $800,752.00 $880,520.00 $5,011,476.90 $5,483,156.98 $6,524,514.85 $6,969,187.28 $115,320.30 $242,240.00 $111,500.00 $370,617.38 $301,284.00 $893,400.00 $182,206.90 $125,271.00 $280,000.00 $82,982.53 $159,122.00 $199,500.00 $751,127.11 $827,917.00 $1,484,400.00 $6,000.00 $50,280.00 $56,280.00 $0.00 $0.00 $15,291,505.12 $12,000.00 $80,737.00 $92,737.00 $101,250.00 $101,250.00 $16,619,228.98 $12,000.00 $81,000.00 $93,000.00 $259,850.00 $259,850.00 $18,696,632.75 $75,000.00 $15,500.00 $127,000.00 $142,200.00 $359,700.00 $9,000.00 $81,000.00 $90,000.00 $1,072,453.00 $1,072,453.00 $19,973,370.03 FY2024 Budgeted vs. FY2025 Budgeted (% Change) 11.4% 13.4% 2.2% 12% 8.6% 11.1% -3.6% 5.5% 27.2% 3.9% 10% 6.8% -32.7% -98.3% -54.6% -28.7% -75.8% -25% 0% -3.2% 312.7% 312.7% 6.8% City of Atlantic Beach 1 Budget Book 2025 Page 37 Water Utilities Fund Summary The City of Atlantic Beach is projecting $9.96M of revenue in FY2025, which represents a 12.1% increase over the prior year. Budgeted expenditures are projected to increase by12.1% or $1.08M to $9.96M in FY2025. $12.5M $10M $7.5M $5m $2.5M $o 1 010 p11 01'L 01h 01t• 1h 1p 01^ 010 01°lplp O�1 <.(19 19 ODM �� Revenues by Source Projected 2025 Revenues by Source Misc Revenues (1.7%) Intergovernmental Revenue (12.1%) Charges for Services (41%) City of Atlantic Beach 1 Budget Book 2025 • Actual Revenue Source • Budgeted Revenue Source • Over Budget Revenue Source • Actual Expenditures • Budgeted Expenditures • Over Budget Expenditures Other Sources (45.2%) Page 38 100% 75% 50% 25% 0% -25% Budgeted and Historical 2025 Revenues by Source • Permits, Fees, and Special Assessments Misc Revenues Intergovernmental Revenue Charges for Services Other Sources Name FY2022 FY2023 Actual FY2024 FY2025 FY2024 Budgeted vs. Actual Budgeted Budgeted FY2025 Budgeted (% Change) Revenue Source Permits, Fees, and Special Assessments $204,463.08 $0.00 $97,000.00 $0.00 -100% Intergovernmental Revenue $0.00 $0.00 $0.00 $1,200,000.00 N/A Charges for Services $4,160,792.77 $3,892,334.00 $3,979,027.58 $4,086,089.42 2.7% Misc Revenues -$208,811.31 $248,842.00 $146,000.00 $166,000.00 13.7% Other Sources $827,987.00 $666,664.00 $4,658,263.00 $4,505,974.00 -3.3% Total Revenue Source: $4,984,431.54 $4,807,840.00 $8,880,290.58 $9,958,063.42 12.1% City of Atlantic Beach 1 Budget Book 2025 Page 39 a) w 0 100% 75% 50% 25% 0% -25% Expenditures by Function Budgeted Expenditures by Function Other Nonoperating (0.3%) Other Uses (3.5%) Physical Environment (96.3%) Budgeted and Historical Expenditures by Function 1101110 11■1■-111 116 o� o� ory ee o� e o\b OLS otic oLry oto gyb' oL� yti _ti yti �ti y2 yti A2 (<y2 Fury �y2 ��ti �y2 1 Other Nonoperating • Other Uses • Physical Environment Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted Expenditures Physical Environment $3,805,352.57 $5,471,764.00 $8,125,801.60 $9,584,847.87 FY2024 Budgeted vs. FY2025 Budgeted (% Change) 18% City of Atlantic Beach 1 Budget Book 2025 Page 40 Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Other Uses Other Nonoperating Total Expenditures: $494,527.00 $345,476.00 $720,476.00 $345,476.00 -$971,628.53 $45,693.00 $34,013.00 $27,740.00 $3,328,251.04 $5,862,933.00 $8,880,290.60 $9,958,063.87 Expenditures by Expense Type Budgeted Expenditures by Expense Type Other Uses (3.5%) Debt Service (5.6%) Personnel Services (9.7%) Operating Expenses (19.4%) -52% -18.4% 12.1% Capital Outlay (61.9%) fi City of Atlantic Beach 1 Budget Book 2025 Page 41 $2,798,127.00 $0.00 $2,798,127.00 50% 25% 0% -25% Budgeted and Historical Expenditures by Expense Type 1 1 1 1 Ili I 111'-. IIIIiIIIIIIIIIII 1 ,mob \s �� \6 <\ �� \9 ti9 q> titi tib n by 41'2 4412 4412 tib 441 0 44 441' 2 44ryb k22 441' 2 4412 4 -kg 441' 2 4412 c 412 • Other Uses • Debt Service • Personnel Services • Operating Expenses • Capital Outlay Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Expense Objects Personnel Services Physical Environment Total Personnel Services: Operating Expenses Physical Environment Total Operating Expenses: Capital Outlay Physical Environment Other Nonoperating Total Capital Outlay: Debt Service Physical Environment Other Nonoperating Total Debt Service: Other Uses Other Uses Total Other Uses: Total Expense Objects: $882,995.74 $882,995.74 $1,849,396.07 $1,849,396.07 $576,960.76 -$1,028,699.05 -$451,738.29 $496,000.00 $57,070.52 $553,070.52 $881,455.00 $881,455.00 $1,284,682.00 $1,284,682.00 $507500.00 $45,693.00 $553,193.00 $494527.00 $345,476.00 $947,566.60 $947,566.60 $1,909,385.00 $1,909,385.00 $4,749,850.00 $0.00 $4,749,850.00 $519,000.00 $34,013.00 $553,013.00 $494,527.00 $345,476.00 $3,328,251.04 $5,862,933.00 $720,476.00 $720,476.00 $8,880,290.60 $967,719.97 2.1% $967,719.97 2.1% $1,928,627.90 $1,928,627.90 1% 1% $6,160,000.00 29.7% $0.00 0% $6,160,000.00 29.7% $528,500.00 1.8% $27,740.00 -18.4% $556,240.00 0.6% $345,476.00 $345,476.00 $9,958,063.87 -52% -52% 12.1% - City of Atlantic Beach 1 Budget Book 2025 Page 42 Sewer Utilities Fund Summary The City of Atlantic Beach is projecting $11.42M of revenue in FY2025, which represents a 16.1% increase over the prior year. Budgeted expenditures are projected to increase by 16.1% or $159M to $11.42M in FY2025. $20 M $15M $10M $5M $o 01Q Q11 011' 01') 011' 01h 010 1\ 0 016 01°) Q1Q 1.> Q O'1M "1 Q� Oy r15:) �1ti �yti � � �yti Fye �� 441, _11, �ti �yti Revenues by Source Projected 2025 Revenues by Source Intergovernmental Revenue (0.6%) Misc Revenues (0.9%) Other Sources (44%) City of Atlantic Beach 1 Budget Book 2025 • Actual Revenue Source • Budgeted Revenue Source • Over Budget Revenue Source • Actual Expenditures • Budgeted Expenditures Charges for Services (54.5%) Page 43 100% 80% 60% ami 40% a Name 20% 0% -20% Budgeted and Historical 2025 Revenues by Source 0�''ill�ll" Revenue Source Permits, Fees, and Special Assessments • Permits, Fees, and Special Assessments • Judgements, Fines and Forfeits • Intergovernmental Revenue • Misc Revenues • Other Sources • Charges for Services FY2022 FY2023 FY2024 FY2025 FY2024 Budgeted vs. Actual Actual Budgeted Budgeted FY2025 Budgeted (% Change) $726,550.00 $122,858.00 $200,000.00 $0.00 -100% Intergovernmental Revenue $41,025.00 $188,502.00 $0.00 $71,250.00 N/A Charges for Services $6,473,620.70 $6,263,619.00 $6,041,014.00 $6,219,070.41 2.9% Misc Revenues -$182,853.11 $131,871.00 $100,000.00 $100,000.00 0% Other Sources $1,316,264.00 $500,000.00 $3,490,635.00 $5,027,439.00 44% Total Revenue Source: $8,374,606.59 $7,206,850.00 $9,831,649.00 $11,417,759.41 16.1% City of Atlantic Beach 1 Budget Book 2025 Page 44 a) 2 a 100% 75% 50% 25% 0% -25% -50% Expenditures by Function Budgeted Expenditures by Function Other Nonoperating (0.7%) Other Uses (4.3%) Physical Environment (95%) Budgeted and Historical Expenditures by Function 111 o ory e e o� o$\`q `9 ,> 49' oto gyb' oL� yti �ti Art, �ti y2 yti A2 yti �ti Art:' (<y2 Fury �y2 ��ti �y2 E Other Nonoperating • Other Uses • Physical Environment Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Expenditures Physical Environment City of Atlantic Beach 1 Budget Book 2025 Page 45 Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Debt Service $1,072,000.00 $1,096,600.00 $1,119,200.00 $1,141,800.00 2% Operating Expenses $3,388,211.40 $2,442,050.00 $3,804,131.00 $3,108,209.35 -18.3% Personnel Services $1,322,896.38 $1,364,241.00 $1,486,637.20 $1,525,080.27 2.6% Capital Outlay $765,988.90 $1,031,495.00 $2,350,380.00 $5,070,030.00 115.7% Total Physical Environment: $6,549,096.68 $5,934,386.00 $8,760,348.20 $10,845,119.62 23.8% Other Uses Other Uses $875,435.00 $488,435.00 $963,435.00 $488,435.00 -49.3% Debt Service $1,405.20 $0.00 $0.00 $0.00 0% Total Other Uses: $876,840.20 $488,435.00 $963,435.00 $488,435.00 -49.3% Other Nonoperating Debt Service $153272.71 $131,051.00 $107,866.00 $84,205.00 -21.9% Capital Outlay -$1,723,221.35 $0.00 $0.00 $0.00 0% Total Other Nonoperating: -$1,569,948.64 $131,051.00 $107,866.00 $84,205.00 -21.9% Total Expenditures: $5,855,988.24 $6,553,872.00 $9,831,649.20 $11,417,759.62 16.1% Expenditures by Expense Type Budgeted Expenditures by Expense Type Other Uses (4.3%) Debt Service (10.7%) Personnel Services (13.4%) 4, Operating Expenses (27.2%) Capital Outlay (44.4%) - City of Atlantic Beach 1 Budget Book 2025 Page 46 m a) U 0 a 1 00% 75% 50% 25% 0% -25% Budgeted and Historical Expenditures by Expense Type J ,mob \� �� \6 <\ �� \C ti9q> titi tib n by 41'2 4412 4412 tib 4412 44 441'2 441'24- k22 441'2 4412 ‹-kg'. 44 44124- kl2 4412 • Other Uses • Debt Service • Personnel Services • Operating Expenses • Capital Outlay Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Expense Objects Personnel Services Physical Environment $1,322,896.38 $1,364,241.00 $1,486,637.20 $1,525,080.27 Total Personnel Services: $1,322,896.38 $1,364,241.00 $1,486,637.20 $1,525,080.27 Operating Expenses Physical Environment $3,388,211.40 $2,442,050.00 $3,804,131.00 $3,108,209.35 Total Operating Expenses: $3,388,211.40 $2,442,050.00 $3,804,131.00 $3,108,209.35 2.6% 2.6% -18.3% -18.3% Capital Outlay Physical Environment $765,988.90 $1,031,495.00 $2,350,380.00 $5,070,030.00 115.7% Other Nonoperating -$1,723,221.35 $0.00 $0.00 $0.00 0% Total Capital Outlay: -$957,232.45 $1,031,495.00 $2,350,380.00 $5,070,030.00 115.7% Debt Service Physical Environment $1,072,000.00 $1,096,600.00 $1,119200.00 $1,141,800.00 2% Other Uses $1,405.20 $0.00 $0.00 $0.00 0% Other Nonoperating $153,272.71 $131,051.00 $107,866.00 $84,205.00 -21.9% Total Debt Service: $1,226,677.91 $1,227,651.00 $1,227,066.00 $1,226,005.00 -0.1% Other Uses Other Uses $875435.00 $488,435.00 $963,435.00 $488,435.00 Total Other Uses: $875,435.00 $488,435.00 $963,435.00 $488,435.00 -49.3% -49.3% Total Expense Objects: $5,855,988.24 $6,553,872.00 $9,831,649.20 $11,417,759.62 16.1% " City of Atlantic Beach 1 Budget Book 2025 Page 47 Storm Water Drainage Fund Summary The City of Atlantic Beach is projecting $4.46M of revenue in FY2025, which represents a 18.7% decrease over the prior year. Budgeted expenditures are projected to decrease by 18.7% or $1.03M to $4.46M in FY2025. $6M $4M $2M $o 11111111 1 01C /9 'C\ 0<I' 01h 0' 015 0140 01\ 010 01°) p1O 01 O1' 42 1,1' 1<P Revenues by Source Projected 2025 Revenues by Source Misc Revenues (0.1%) Other Sources (13%) Charges for Services (26.8%) • Actual Revenue Source • Budgeted Revenue Source • Over Budget Revenue Source • Actual Expenditures • Budgeted Expenditures • Over Budget Expenditures City of Atlantic Beach 1 Budget Book 2025 Intergovernmental Revenue (60.1%) Page 48 100% 80% 60% 20% 0% -20% Budgeted and Historical 2025 Revenues by Source N ,�,�y .�3 ,�b ,�h 6 7 �,�0 0‘ 01' O \ ti 03 b 0 _1�p yryp �ryp yryp �ryp 41, ryp °fO �`1, 41, .11, yryO�L `ryO�L 49., O�L 41, • Misc Revenues Other Sources • Charges for Services I Intergovernmental Revenue Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Revenue Source Intergovernmental Revenue $0.00 $2,721,662.00 $2,733,431.00 $2,681,184.00 -1.9% Charges for Services $929,470.11 $903,456.00 $929,470.00 $1,197,840.00 28.9% Misc Revenues $28,444.49 $6,323.00 $5,000.00 $5,000.00 0% Other Sources $424,533.00 $730,012.00 $1,821,196.00 $579,528.00 -68.2% $1,382,447.60 $4,361,453.00 $5,489,097.00 $4,463,552.00 Total Revenue Source: -18.7% City of Atlantic Beach 1 Budget Book 2025 Page 49 1 a) cn c U w a Expenditures by Expense Type Budgeted Expenditures by Expense Type Debt Service (4.2%) Personnel Services (9.4%) Operating Expenses (25.4%) 100% 75% 50% 25% 0% -25% Capital Outlay (61.1%) Budgeted and Historical Expenditures by Expense Type 000 00� 0<l 0\0 0\� 0\0 0\ 0\A ON$ 0q0 � 1' OOr ' O' O` C? y2 4ry Jti Art, �ti y2 rt, �� ti �ti ti yti ��ti <Jti • Other Uses • Debt Service • Personnel Services • Operating Expenses • Capital Outlay Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Expense Objects Personnel Services City of Atlantic Beach 1 Budget Book 2025 Page 50 Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Physical Environment $293524.70 $356,996.00 $393,060.80 $418,821.23 Total Personnel Services: $293,524.70 $356,996.00 $393,060.80 $418,821.23 Operating Expenses Physical Environment $1,076,898.98 $628,608.00 $1,022,249.50 $1,132,608.28 Total Operating Expenses: $1,076,898.98 $628,608.00 $1,022,249.50 $1,132,608.28 6.6% 10.8% 10.8% Capital Outlay Physical Environment $95,989.14 $20,610.00 $3,886,400.00 $2,725,000.00 -29.9% Other Nonoperating -$205,971.58 $0.00 $0.00 $0.00 0% Total Capital Outlay: -$109,982.44 $20,610.00 $3,886,400.00 $2,725,000.00 -29.9% Debt Service Physical Environment $169,000.00 $172,900.00 $176,800.00 $180,700.00 2.2% Other Uses $1,405.20 $0.00 $0.00 $0.00 0% Other Nonoperating $18,643.49 $14,661.00 $10,587.00 $6,422.00 -39.3% Total Debt Service: $189,048.69 $187,561.00 $187,387.00 $187,122.00 -0.1% Other Uses Other Uses $477,000.00 $350,000.00 $0.00 $0.00 0% Total Other Uses: $477,000.00 $350,000.00 $0.00 $0.00 0% Total Expense Objects: $1,926,489.93 $1,543,775.00 $5,489,097.30 $4,463,551.51 -18.7% City of Atlantic Beach 1 Budget Book 2025 Page 51 Sanitation Fund Summary The City of Atlantic Beach is projecting $2.59M of revenue in FY2025, which represents a 1.8% increase over the prior year. Budgeted expenditures are projected to increase by 1.8% or $46.04K to $2.59M in FY2025. $4M $3M $2M $1 M so 01Q 11 �� o o 0 (S` 01� 6` o• 13 O'11 O� O1M p�� O�� yti �� 4O' �yti �0�� ‘1,0 � � qk 4-k ck Revenues by Source Projected 2025 Revenues by Source Other Sources (3.9%) \ Permits, Fees, and Special \ Assessments (1.9%) City of Atlantic Beach 1 Budget Book 2025 • Actual Revenue Source • Budgeted Revenue Source • Over Budget Revenue Source • Actual Expenditures • Budgeted Expenditures • Over Budget Expenditures Charges for Services (94.1%) Page 52 100% 75% 50% 25% 0% -25% Name Budgeted and Historical 2025 Revenues by Source Revenue Source Permits, Fees, and Special Assessments )‘y \tx ,y� �� 9,9 9.> ryy ti� ryy _09 • Intergovernmental Revenue • Misc Revenues Permits, Fees, and Special Assessments • Other Sources • Charges for Services FY2022 FY2023 FY2024 FY2025 FY2024 Budgeted vs. Actual Actual Budgeted Budgeted FY2025 Budgeted (% Change) $68,741.06 $49,682.00 $63,500.00 $50,000.00 -21.3% Intergovernmental Revenue -$96,573.48 $64,580.00 $0.00 Charges for Services $2,053,979.79 $2,056,805.00 $2,159,995.00 Misc Revenues -$12,077.59 $1,257.00 $0.00 $0.00 $2,441,199.82 $0.00 13% O% Other Sources $1,407.00 $0.00 $323,807.00 Total Revenue Source: $2,015,476.78 $2,172,324.00 $2,547,302.00 $102,140.00 $2,593,339.82 -68.5% 1.8% City of Atlantic Beach 1 Budget Book 2025 Page 53 100% 80% 60% a) ca 40% 2 N a 20% 0% Expenditures by Expense Type Budgeted Expenditures by Expense Type Personnel Services (3%) Operating Expenses (97%) Budgeted and Historical Expenditures by Expense Type -20% 0 0 Ory O\� O\� O\� O\6 O\A ON o\� 1' o 0�2 41'be IC? �ti _kg, �y2 <-k Jti �ti �ti 2 ti � ti �ti ,ti yti ti kg' Capital Outlay Other Uses • Personnel Services ▪ Operating Expenses Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Expense Objects Personnel Services City of Atlantic Beach 1 Budget Book 2025 Page 54 Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Physical Environment $33,159.06 $68,650.00 $73,788.36 $76,602.99 3.8% Total Personnel Services: $33,159.06 $68,650.00 $73,788.36 3.8% Operating Expenses Physical Environment $1,994,028.26 $2,337,814.00 $2,113,930.00 $2,516,736.85 191% Total Operating Expenses: $1,994,028.26 $2,337,814.00 $2,113,930.00 $2,516,736.85 19.1% Capital Outlay Physical Environment $0.00 $150,008.00 $0.00 $0.00 0% Total Capital Outlay: $0.00 $150,008.00 $0.00 $0.00 O% Other Uses Other Uses $339,584.00 $179,790.00 $359,584.00 $0.00 -100% Total Other Uses: $339,584.00 $179,790.00 $359,584.00 $0.00 -100% Total Expense Objects: $2,366,771.32 $2,736,262.00 $2,547,302.36 $2,593,339.84 1.8% - City of Atlantic Beach 1 Budget Book 2025 Page 55 Building Code Enforcement Fund Summary The City of Atlantic Beach is projecting $728.33K of revenue in FY2025, which represents a 1.1% increase over the prior year. Budgeted expenditures are projected to increase by 1.1% or $7.72K to $728.33K in FY2025. $800K $600K $400K $200K $o • Actual Revenue Source • Budgeted Revenue Source • Over Budget Revenue Source • Actual Expenditures • Budgeted Expenditures • Over Budget Expenditures `Q () 0 6\ (:)\ Q15 O\ro Q1� O\0 O\co QLO Q�� Q�ti QOh QjL �ti c�L t�L <.< <.< �jL QjL �L �yti QjL Jti << �L tzk <-0' jL Revenues by Source Projected 2025 Revenues by Source Other Sources (31.4%) Misc Revenues (0.7%) City of Atlantic Beach 1 Budget Book 2025 Permits, Fees, and Special Assessments (67.9%) Page 56 m a) OU a Name 100% 75% 50% 25% -25% Budgeted and Historical 2025 Revenues by Source FyryO ry0 QyryO ry0 QyryO ry0 Qy� ry0 QyryO ‘.PQyryp �ryp Fyryp �ry Fyryp �ryp`L Revenue Source Permits, Fees, and Special Assessments • Charges for Services Misc Revenues • Other Sources • Permits, Fees, and Special Assessments FY2022 FY2023 FY2024 FY2025 FY2024 Budgeted vs. Actual Actual Budgeted Budgeted FY2025 Budgeted (% Change) $473,873.26 $526,011.00 $494,273.00 1 $494,273.00 Misc Revenues Other Sources Total Revenue Source: -$6,220.20 $5,661.00 $7,482.00 $5,000.00 $113,241.00 $0.00 $218,854.00 $229,056.00 $580,894.06 5531,672.00 $720,609.00 $728,329.00 0% -33.2% 4.7% City of Atlantic Beach 1 Budget Book 2025 Page 57 a) c w 0 Expenditures by Expense Type Operating Expenses (29.5%) Budgeted Expenditures by Expense Type Capital Outlay (4.3%) Personnel Services (66.2%) Budgeted and Historical Expenditures by Expense Type toor IlIlIlIlIlIlIlIl 80i 60% 40% 20% 0% O\ 0 Ory O\� O\� O\� O\6 O\A ON o\� off' 1' 0�2 0 1'� lc? �ti Jti y2 Fury Jti Art, �ti y2 rt, �� ti �ti ti yti ��ti �Jg' • Capital Outlay • Operating Expenses • Personnel Services Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted Expense Objects Personnel Services City of Atlantic Beach 1 Budget Book 2025 FY2024 Budgeted vs. FY2025 Budgeted (% Change) Page 58 Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Public Safety $488,475.05 $400,228.00 $479,043.69 $482,203.88 0.7% Total Personnel Services: $488,475.05 $400,228.00 $479,043.69 $482,203.88 0.7% Operating Expenses Public Safety $101,179.03 $203,017.00 $210,565.00 $215,124.73 2.2% Total Operating Expenses: $101,179.03 $203,017.00 $210,565.00 $215,124.73 2.2% Capital Outlay Public Safety $0.00 $0.00 $31,000.00 $31,000.00 0% Total Capital Outlay: $0.00 $0.00 $31,000.00 $31,000.00 O% Total Expense Objects: $589,654.08 $603,245.00 $720,608.69 $728,328.61 1.1% City of Atlantic Beach 1 Budget Book 2025 Page 59 Comm Dev Block Grant Fund Summary The City of Atlantic Beach is projecting $312.95K of revenue in FY2025, which represents a 1.9% decrease over the prior year. Budgeted expenditures are projected to decrease by 1.9% or $5.95K to $312.95K in FY2025. $800K $600K $400K $200K $o 11 i 11 11 11 11 010 011 01� 014' 011' e 04°`191< 01� 000 Oy1 O� O�� lx Otis �r �yti � �� e 4Jti �� (<11�04_053 �1 Intergovernmental Revenue (36.1%) Revenues by Source Projected 2025 Revenues by Source • Actual Revenue Source • Budgeted Revenue Source • Over Budget Revenue Source • Actual Expenditures • Budgeted Expenditures • Over Budget Expenditures City of Atlantic Beach 1 Budget Book 2025 Other Sources (63.9%) Page 60 100% 80% 60% 40% 20% Budgeted and Historical 2025 Revenues by Source O^O NN ONg OHO O^t't N' N6 O�� OHO e e e Q41' ce < 441' 41 41' e Q e ce Intergovernmental Revenue Other Sources Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Revenue Source Intergovernmental Revenue $58,008.07 $170,300.00 $188,200.00 $113,000.00 -40% Other Sources $216,667.00 $101,250.00 $130,700.00 $199,950.00 53% Total Revenue Source: $274,675.07 $271,550.00 $318,900.00 $312,950.00 -1.9% City of Atlantic Beach 1 Budget Book 2025 Page 61 t00% 80% 60% 40% 20% 0% Expenditures by Function Budgeted Expenditures by Function Transportation (27.8%) Culture and Recreation (72.2%) Budgeted and Historical Expenditures by Function \`L� 6 's1 q6 yti ti3 ya 4? Q Q Q Q Q Q Q Q Q Q Q Q Q Q • Physical Environment • Other Uses • Transportation • Culture and Recreation Name FY2O22 FY2O23 Actual FY2O24 Budgeted FY2O25 Budgeted Actual Expenditures Transportation FY2O24 Budgeted vs. FY2O25 Budgeted (% Change) City of Atlantic Beach 1 Budget Book 2025 Page 62 Name FY2022 FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. Actual FY2025 Budgeted (% Change) Operating Expenses $0.00 $0.00 $86,950.00 $86,950.00 0% Capital Outlay $0.00 $37,437.00 $101,250.00 $0.00 -100% Total Transportation: $0.00 $37,437.00 $188,200.00 $86,950.00 -53.8% Culture and Recreation Capital Outlay $0.00 $0.00 $0.00 $226,000.00 N/A Total Culture and $0.00 $0.00 $0.00 $226,000.00 N/A Recreation: Other Uses Other Uses $58,008.07 $0.00 $130,700.00 $0.00 -100% Total Other Uses: $58,008.07 $0.00 $130,700.00 $0.00 -100% Total Expenditures: $58,008.07 $37,437.00 $318,900.00 $312,950.00 -1.9% Expenditures by Expense Type Operating Expenses (27.8%) Budgeted Expenditures by Expense Type City of Atlantic Beach 1 Budget Book 2025 Capital Outlay (72.2%) Page 63 a> ns a) OU a 100% 80% 60% 40% 20% 0% Budgeted and Historical Expenditures by Expense Type 1 1 1 1 1 1 1 1 1 1 e `er 0 0 do`(' o ti^ tic tic otic' Fye' e e < 4_ F`� 44o°o �ry 44otio 4 -kr'' cootic 4ytioc�o44 Grants and Aids Other Uses Operating Expenses Capital Outlay Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Expense Objects Operating Expenses Transportation Total Operating Expenses: Capital Outlay Transportation Culture and Recreation Total Capital Outlay: Other Uses Other Uses Total Other Uses: $0.00 $0.00 $0.00 $0.00 $0.00 $58,008.07 $58,008.07 $0.00 $0.00 $37,437.00 $0.00 $37,437.00 $0.00 $0.00 $86,950.00 $86,950.00 $101,250.00 $0.00 $101,250.00 $130,700.00 $130,700.00 $86,950.00 O% $86,950.00 O% $0.00 $226,000.00 -100% N/A $226,000.00 123.2% $0.00 -100% $0.00 -100% Total Expense Objects: $58,008.07 $37,437.00 $318,900.00 $312,950.00 -1.9% City of Atlantic Beach 1 Budget Book 2025 Page 64 Better Jax 112 Ct Sale Tx Summary The City of Atlantic Beach is projecting $1.27M of revenue in FY2025, which represents a 46.8% increase over the prior year. Budgeted expenditures are projected to increase by 46.8% or $403.83K to $1.27M in FY2025. $3M $2M $1 M $o 01Q Q11 O�� 01� O�� 01< 040 01I\ 01� 0105 Q�Q O� O� O�� p�� y c"\ �� Ck < 441' 441' 4 &' 441'441'441'441'�yti <"°'<"°'�g �Ar e �ti Revenues by Source Projected 2025 Revenues by Source Misc Revenues (0.9%) Taxes (99.1%) • Actual Revenue Source • Budgeted Revenue Source • Over Budget Revenue Source • Actual Expenditures • Budgeted Expenditures City of Atlantic Beach 1 Budget Book 2025 Page 65 cxU a 100% 75% 50% 25% 0% -25% -50% Budgeted and Historical 2025 Revenues by Source i 1 19 �19 �19 �19 �19 19 ry0 q9 20 '19Fyry9ry Qyrt9 Q�rt9 Q�'19 F�'19 ��ry9ti Ir Charges for Services • Other Sources • Misc Revenues • Taxes Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Revenue Source Taxes $1,235,794.00 $1,157,168.00 $1,287,055.00 $1,255,009.00 -2.5% Misc Revenues $22,743.87 $8,631.00 $11,471.00 $11,471.00 0% Other Sources -$435,876.00 $0.00 -100% Total Revenue Source: $1,258,537.87 $1,165,799.00 $862,650.00 $1,266,480.00 46.8% City of Atlantic Beach 1 Budget Book 2025 Page 66 Court Cost Training Fund Summary The City of Atlantic Beach is projecting $5K of revenue in FY2025, which represents a 80% decrease over the prior year. Budgeted expenditures are projected to decrease by 80% or $20K to $5K in FY2025. $40K $30K $20K $10K $o I Il1 i11i11 n 010 1\ 01� 01� ONv 01y O�� 01� o o 010 0�1 ooh ODM � 1ti x ��ti k� �Jti �� Jti �y �yti �� yti � yti hyo �ivo Revenue by Fund 2025 Revenue by Fund City of Atlantic Beach 1 Budget Book 2025 • Actual Revenue Source • Budgeted Revenue Source • Over Budget Revenue Source • Actual Expenditures • Budgeted Expenditures • Over Budget Expenditures Court Cost Training Fund (100%) Page 67 0.03 0.025 0.02 c0 C 0.015 0.01 0.005 0 Name Budgeted and Historical 2025 Revenue by Fund y�o 410 AT- 4r _0o ,1 J0 o 410 yRo o ��q 15o Jqo yrto F F F F F Q F F F F Q F F F F F Court Cost Training Fund Judgements, Fines and Forfeits Misc Revenues Other Sources Total Court Cost Training Fund: • Court Cost Training Fund Grey background indicates budgeted figures. FY2022 FY2023 FY2024 FY2025 FY2024 Budgeted vs. Actual Actual Budgeted Budgeted FY2025 Budgeted (% Change) $5,142.73 $4,600.00 $3,000.00 $5,000.00 $602.30 -$20.18 $0.00 $0.00 $22,000.00 $0.00 $5,745.03 $4,579.82 $25,000.00 $5,000.00 City of Atlantic Beach 1 Budget Book 2025 66.7% 0% -100% -80% Page 68 0.04 0.035 0.03 0.025 c 0.02 0.015 0.01 0.005 0 Expenditures by Fund 2025 Expenditures by Fund Court Cost Training Fund (100%) Budgeted and Historical 2025 Expenditures by Fund • Court Cost Training Fund Grey background indicates budgeted figures. �yryotio (Pg' Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Court Cost Training Fund City of Atlantic Beach 1 Budget Book 2025 Page 69 Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Operating Expenses $25,979.43 $34,545.00 $25,000.00 $5,000.00 Total Court Cost Training Fund: $25,979.43 $34,545.00 $25,000.00 $5,000.00 -80% -80% City of Atlantic Beach 1 Budget Book 2025 Page 70 Radio Communication Fund Summary The City of Atlantic Beach is projecting $10K of revenue in FY2025, which represents a 900% increase over the prior year. Budgeted expenditures are projected to increase by 900% or $9K to $10K in FY2025. $60K $50K $40K $30K $20 K $10K $o 11 1 1 __ II oNo Q11 01� 6\42O� 0y O� 01A 01� 1� Q O�1 41' O�� Q�� ,-C1(2 <•< �"ti �� FJ� � yti � yti yti �1, Revenue by Fund 2025 Revenue by Fund City of Atlantic Beach 1 Budget Book 2025 • Actual Revenue Source • Budgeted Revenue Source • Over Budget Revenue Source • Actual Expenditures • Budgeted Expenditures • Over Budget Expenditures Radio Communication Fund (100%) Page 71 m c Name 0.03 0.025 0.02 0.015 0.01 0.005 0 Budgeted and Historical 2025 Revenue by Fund J Radio Communication Fund Judgements, Fines and Forfeits 441' e JR0,�6 ry0^^ yry0,�0 10^0 `L0ry0 �ry01>. 10�ry `110 b � F F • Radio Communication Fund Grey background indicates budgeted figures. FY2022 FY2023 FY2024 FY2025 FY2024 Budgeted vs. Actual Actual Budgeted Budgeted FY2025 Budgeted (% Change) $28,244.00 $21,647.00 $10,000.00 $10,000.00 0% Misc Revenues -$4,925.20 $2,442.00 -$9,000.00 $0.00 -100% Total Radio Communication $23,318.80 $24,089.00 $1,000.00 $10,000.00 900% Fund: City of Atlantic Beach 1 Budget Book 2025 Page 72 0.035 0.03 0.025 0.02 c 0 5 0.015 0.01 0.005 0 Name Expenditures by Fund 2025 Expenditures by Fund Radio Communication Fund (100%) Budgeted and Historical 2025 Expenditures by Fund Qy�o\o �� Fyryo�ry Fy�o,:b o\b` o<041' Radio Communication Fund • Radio Communication Fund Grey background indicates budgeted figures. FY2022 FV2023 FY2024 FY2025 FY2024 Budgeted vs. Actual Actual Budgeted Budgeted FY2025 Budgeted (% Change) City of Atlantic Beach 1 Budget Book 2025 Page 73 Name Operating Expenses FY2022 FY2023 FY2024 FY2025 FY2024 Budgeted vs. Actual Actual Budgeted Budgeted FY2025 Budgeted (% Change) $0.00 $0.00 $1,000.00 $10,000.00 900% Total Radio Communication Fund: $0.00 $0.00 $1,000.00 $10,000.00 900% City of Atlantic Beach 1 Budget Book 2025 Page 74 American Rescue Plan Act Summary The City of Atlantic Beach is projecting $260.1K of revenue in FY2025, which represents a 82.1% decrease over the prior year. Budgeted expenditures are projected to decrease by 82.1% or $1.19M to $260.1K in FY2025. $10M $7.SM $5M $2.5M $o 11 FY2021 FY2022 FY2023 FY2024 FY2025 Revenue by Fund 2025 Revenue by Fund • • Actual Revenue Source • Budgeted Revenue Source • Over Budget Revenue Source • Actual Expenditures • Budgeted Expenditures American Rescue Plan Act (100%) City of Atlantic Beach 1 Budget Book 2025 Page 75 2 0 Name 10 8 6 4 2 0 Budgeted and Historical 2025 Revenue by Fund �ry0 19' 4-k ti�ry 1ti��a �ryoti5 American Rescue Plan Act Total American Rescue Plan Act: American Rescue Plan Act Grey background indicates budgeted figures. FY2022 FY2023 FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. Actual Actual FY2025 Budgeted (% Change) $8,947,842.92 $4,328,427.00 $1,449,148.00 $260,103.00 -82.1% $8,947,842.92 $4,328,427.00 $1,449,148.00 $260,103.00 -82.1% City of Atlantic Beach 1 Budget Book 2025 Page 76 5 4 3 w c 0 3 2 0 Expenditures by Fund 2025 Expenditures by Fund American Rescue Plan Act (100%) Budgeted and Historical 2025 Expenditures by Fund din • American Rescue Plan Act Grey background indicates budgeted figures. Name FY2022 FY2023 FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. Actual Actual FY2025 Budgeted (% Change) American Rescue Plan Act $4,619,415.00 $2,879,280.00 $1,449,148.00 $260,103.00 -82.1% gCity of Atlantic Beach 1 Budget Book 2025 Page 77 Name Total American Rescue Plan Act: FY2022 FY2023 FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. Actual Actual FY2025 Budgeted (% Change) $4,619,415.00 $2,879,280.00 $1,449,148.00 $260,103.00 Expenditures by Function Budgeted Expenditures by Function Other Uses (100%) City of Atlantic Beach 1 Budget Book 2025 -82.1% Page 78 5 4 3 N C O 2 0 Name Expenditures Other Uses Budgeted and Historical Expenditures by Function "1'ryo1� Fy�o�� Fyryo�y • Other Uses Grey background indicates budgeted figures. FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) $4,619,415.00 $2,879,280.00 $1,449,148.00 $260,103.00 -82.1% Total Expenditures: $4,619,415.00 $2,879,280.00 $1,449,148.00 $260,103.00 City of Atlantic Beach 1 Budget Book 2025 -82.1% Page 79 5 4 3 2 0 Expenditures by Expense Type Budgeted Expenditures by Expense Type ' Other Uses (100%) Budgeted and Historical Expenditures by Expense Type • Other Uses Grey background indicates budgeted figures. City of Atlantic Beach 1 Budget Book 2025 Page 80 Name Expense Objects Total Expense Objects: FY2022 Actual $4,619,415.00 $4,619,415.00 City of Atlantic Beach 1 Budget Book 2025 FY2023 Actual FY2024 Budgeted FY2025 Budgeted $2,879,280.00 $2,879,280.00 $1,449,148.00 $1,449,148.00 $260,103.00 $260,103.00 FY2024 Budgeted vs. FY2025 Budgeted (% Change) -82.1% -82.1% Page 81 Tree Replacement Fund Summary The City of Atlantic Beach is projecting $116K of revenue in FY2025, which represents a 36.5% increase over the prior year. Budgeted expenditures are projected to increase by 36.5% or $31K to $116K in FY2025. $125K $100K $75K $50K $25K $o .1 I■■.1111111.. O4) Q1 p1ti 01� QNttx p1h 010 Q<\ p.�0 O.\'oi Q,yO 0�1` 1ti Q'1^� p`1'1' o �� yti el,�� yti �� ck ' ti � Revenue by Fund 2025 Revenue by Fund City of Atlantic Beach 1 Budget Book 2025 • Actual Revenue Source • Budgeted Revenue Source • Over Budget Revenue Source • Actual Expenditures • Budgeted Expenditures Tree Replacement Fund (100%) Page 82 m c 0 0.125 0.1 0.075 0.05 0.025 0 Budgeted and Historical 2025 Revenue by Fund • Tree Replacement Fund Grey background indicates budgeted figures. Fy�oryry F-1: v AI' '<- Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Tree Replacement Fund $101,823.25 $86,491.00 $85,000.00 $116,000.00 Total Tree Replacement Fund: $101,823.25 $86,491.00 $85,000.00 $116,000.00 City of Atlantic Beach 1 Budget Book 2025 36.5% 36.5% Page 83 0 c 0 0.125 0.1 0.075 0.05 0.025 0 Expenditures by Fund 2025 Expenditures by Fund Tree Replacement Fund (100%) Budgeted and Historical 2025 Expenditures by Fund Fyryo�o 4- y�o Fyryo�O ��oti0 • Tree Replacement Fund Ro`L� Grey background indicates budgeted figures. titi yry0 F Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Tree Replacement Fund $14,405.00 $27,766.00 $85,000.00 $116,000.00 36.5% City of Atlantic Beach 1 Budget Book 2025 Page 84 Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Total Tree Replacement Fund: $14,405.00 $27,766.00 $85,000.00 $116,000.00 36.5% Physical Environment (31%) Expenditures by Function Budgeted Expenditures by Function General Government (69%) City of Atlantic Beach 1 Budget Book 2025 Page 85 0.125 0.1 0.075 0.05 0.025 0 Budgeted and Historical Expenditures by Function • Fy�O�O 44-1F��^y 412 Fy do ,pyo • Physical Environment • General Government Grey background indicates budgeted figures. otic" ti3 ytio tia y�o o Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Expenditures General Government $14,405.00 $27,766.00 $85,000.00 $80,000.00 -5.9% Physical Environment $0.00 $0.00 $0.00 $36,000.00 N/A Total Expenditures: $14,405.00 $27,766.00 $85,000.00 $116,000.00 36.5% City of Atlantic Beach 1 Budget Book 2025 Page 86 Pay For Parking Rev Fund Summary The City of Atlantic Beach is projecting $127.46K of revenue in FY2025, which represents a 15.5% increase over the prior year. Budgeted expenditures are projected to increase by 15.5% or $17.12K to $127.46K in FY2025. $150K $125K $100K $75K $50K $25K $o 11 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 Revenue by Fund 2025 Revenue by Fund gCity of Atlantic Beach 1 Budget Book 2025 • Actual Revenue Source • Budgeted Revenue Source • Over Budget Revenue Source • Actual Expenditures • Budgeted Expenditures Pay For Parking Rev Fund (100%) Page 87 0.15 0.125 0.1 c0 C 2 0.075 0.05 0.025 0 Budgeted and Historical 2025 Revenue by Fund • Pay For Parking Rev Fund Grey background indicates budgeted figures. Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Pay For Parking Rev Fund $110,304.63 $118,337.00 $110,338.00 $127,455.00 Total Pay For Parking Rev Fund: $110,304.63 $118,337.00 $110,338.00 $127,455.00 City of Atlantic Beach 1 Budget Book 2025 15.5% 15.5% Page 88 0.15 0.125 0.1 c g 0.075 0.05 0.025 0 Expenditures by Fund 2025 Expenditures by Fund Pay For Parking Rev Fund (100%) Budgeted and Historical 2025 Expenditures by Fund • Pay For Parking Rev Fund Grey background indicates budgeted figures. Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Pay For Parking Rev Fund $0.00 $50,000.00 $110,338.00 $127,455.00 15.5% City of Atlantic Beach 1 Budget Book 2025 Page 89 Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Total Pay For Parking Rev Fund: $0.00 $50,000.00 $110,338.00 $127,455.00 15.5% City of Atlantic Beach 1 Budget Book 2025 Page 90 Convention Dev Tax Fund Summary The City of Atlantic Beach is projecting $119.35K of revenue in FY2025, which represents a 2.5% decrease over the prior year. Budgeted expenditures are projected to decrease by 2.5% or $3.02K to $119.35K in FY2025. $600K $400K $200K so r h id I I 11111 O�Q () 01� 6\ 6\ 01 01( 00 0�Q7 Osco p� O� Q�L Ooh Q�� O�� Jti �� 4 t�� ti �� yti �Jti �A �yti �1ti �1ti Revenue by Fund 2025 Revenue by Fund • Actual Revenue Source • Budgeted Revenue Source • Over Budget Revenue Source • Actual Expenditures • Budgeted Expenditures Convention Dev Tax Fund (100%) City of Atlantic Beach 1 Budget Book 2025 Page 91 C 0.3 0.25 0.2 0.15 0.1 0.05 0 Budgeted and Historical 2025 Revenue by Fund \6 ti� 1> titi tib ti� tih 4�ryo cryo �tio 4ytio<\ �a �9 o �tio �ytio 441, cryo �tio ��o cryo • Convention Dev Tax Fund Grey background indicates budgeted figures. Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Convention Dev Tax Fund $191,207.26 $163,286.00 $122,364.00 $119,347.00 Total Convention Dev Tax Fund: $191,207.26 $163,286.00 $122,364.00 $119,347.00 • SWF -2.5% -2.5% City of Atlantic Beach 1 Budget Book 2025 Page 92 0.35 0.3 0.25 0.2 N C O 3 0.15 0.1 0.05 0 Expenditures by Fund 2025 Expenditures by Fund ' Convention Dev Tax Fund (100%) Budgeted and Historical 2025 Expenditures by Fund o --V7 y�-Qvv�ry -Qv-Qv-07 FAIT re) Fy�o�9 • Convention Dev Tax Fund do ,10 Grey background indicates budgeted figures. L° Jho Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Convention Dev Tax Fund $307,768.00 $120,293.00 $122,364.00 $119,347.00 -2.5% City of Atlantic Beach 1 Budget Book 2025 Page 93 Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Total Convention Dev Tax Fund: $307,768.00 $120,293.00 $122,364.00 $119,347.00 -2.5% City of Atlantic Beach 1 Budget Book 2025 Page 94 Local Option Gas Tax Fund Summary The City of Atlantic Beach is projecting $735.56K of revenue in FY2025, which represents a 3.2% decrease over the prior year. Budgeted expenditures are projected to decrease by 3.2% or $24.04K to $735.56K in FY2025. $1 M $750 K $500K $250 K $o 01p p11 011 0KS 4. 0 01< 1 0( 01� 01� O�c Q1p 1> OO,f� O� Q� p� ) ‹.(1' qk <-0' <-0' 0' <-0' e' <,0'�� <0' <0' <-0' <-0' <-0' Revenue by Fund 2025 Revenue by Fund City of Atlantic Beach 1 Budget Book 2025 • Actual Revenue Source • Budgeted Revenue Source • Over Budget Revenue Source • Actual Expenditures • Budgeted Expenditures • Over Budget Expenditures Local Option Gas Tax Fund (100%) Page 95 y c Name 0.8 0.6 0.4 0.2 0 Budgeted and Historical 2025 Revenue by Fund �v <b <0 \6 \� \9 ti9 tis titi rya ti� 2h yTo -190 -1`o 419 419 Jho �Ro -sF yri 419 -CP AIo -0' F Q Q F F F F Q Q F F `- F F F F Local Option Gas Tax Fund Total Local Option Gas Tax Fund: • Local Option Gas Tax Fund Grey background indicates budgeted figures. FY2022 FY2023 FY2024 FY2025 Budgeted FY2024 Budgeted vs. Actual Actual Budgeted FY2025 Budgeted (% Change) $693,305.35 $614,226.00 $759,601.00 $735,559.00 -3.2% $693,305.35 $614,226.00 $759,601.00 $735,559.00 -3.2% City of Atlantic Beach 1 Budget Book 2025 Page 96 1 0.8 0.6 N c O 0.4 0.2 0 Name Expenditures by Fund 2025 Expenditures by Fund Local Option Gas Tax Fund (100%) Budgeted and Historical 2025 Expenditures by Fund Fy�o�o �ryo�� ryory �ry� e e00 Local Option Gas Tax Fund �yyo4-k tio qoo o • Local Option Gas Tax Fund Grey background indicates budgeted figures. FY2022 FY2023 Actual Actual Ro`L^ Frye �ryotie FY2024 FY2025 Budgeted FY2024 Budgeted vs. Budgeted FY2025 Budgeted (% Change) $691,741.13 $812,256.00 $759,601.00 $735,559.00 -3.2% City of Atlantic Beach 1 Budget Book 2025 Page 97 Name Total Local Option Gas Tax Fund: FY2022 FY2023 Actual Actual FY2024 FY2025 Budgeted FY2024 Budgeted vs. Budgeted FY2025 Budgeted (% Change) $691,741.13 $812,256.00 $759,601.00 $735,559.00 -3.2% City of Atlantic Beach 1 Budget Book 2025 Page 98 Debt Service Fund Summary The City of Atlantic Beach is projecting $119.35K of revenue in FY2025, which represents a 2.5% decrease over the prior year. Budgeted expenditures are projected to decrease by 2.5% or $3.02K to $119.35K in FY2025. $1.SM $1 M $500K $o 11 11 11 11 1 .. 11 11 11 11 11 11 o 01"` o o 6\ 0.\0 O.\°l 01O � �Jti �JL <J'L JL <<Jti �L 41, Revenue by Fund 2025 Revenue by Fund Debt Service Fund (100%) • Actual Revenue Source • Budgeted Revenue Source • Over Budget Revenue Source • Actual Expenditures • Budgeted Expenditures • Over Budget Expenditures City of Atlantic Beach 1 Budget Book 2025 Page 99 m c 0.15 0.125 0.1 0.075 0.05 0.025 0 Budgeted and Historical 2025 Revenue by Fund <-ryo\o �ryo^^ F �� ryo\� F F ryoq^ �ryory� �ryo�� F �o�� ryoryy J l J - • Debt Service Fund Grey background indicates budgeted figures. Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Debt Service Fund $123,133.00 $120,293.00 $122,364.00 $119,347.00 Total Debt Service Fund: $123,133.00 $120,293.00 $122,364.00 $119,347.00 City of Atlantic Beach 1 Budget Book 2025 -2.5% -2.5% Page 100 0.15 0.125 0.1 c 0 0.075 0.05 0.025 0 Expenditures by Fund 2025 Expenditures by Fund Debt Service Fund (100%) Budgeted and Historical 2025 Expenditures by Fund F • Debt Service Fund Grey background indicates budgeted figures. Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Debt Service Fund $123,132.50 $120,293.00 $122,364.00 $119,347.00 -2.5% City of Atlantic Beach 1 Budget Book 2025 Page 101 Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Total Debt Service Fund: $123,132.50 $120,293.00 $122,364.00 $119,347.00 -2.5% City of Atlantic Beach 1 Budget Book 2025 Page 102 Capital Projects Fund Summary The City of Atlantic Beach is projecting $3.47M of revenue in FY2025, which represents a 39.9% decrease over the prior year. Budgeted expenditures are projected to decrease by 39.9% or $2.31M to $3.47M in FY2025. $8m $6m $4M $2M $0 $-2000000 1 ....III 010 11 1� KJ, 0 01� 6‘ 01% ee Q� O1> Q1� '1> "3" Revenue by Fund 2025 Revenue by Fund • Actual Revenue Source • Budgeted Revenue Source • Over Budget Revenue Source • Actual Expenditures • Budgeted Expenditures Capital Projects Fund (100%) City of Atlantic Beach 1 Budget Book 2025 Page 103 7 6 5 4 c 0 3 2 2 0 Budgeted and Historical 2025 Revenue by Fund yro ��O 41, Jho yRo ytio y�o ��o _ 0 41, 41, 41, F F F Q F F F F F F F F F Q F F Capital Projects Fund Grey background indicates budgeted figures. Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Capital Projects Fund $3,613,012.04 $2,296,155.00 $5,773,680.00 $3,468,065.00 Total Capital Projects Fund: $3,613,012.04 $2,296,155.00 $5,773,680.00 $3,468,065.00 • SWF -39.9% -39.9% City of Atlantic Beach 1 Budget Book 2025 Page 104 7 6 5 4 N C O 3 2 0 Name Expenditures by Fund 2025 Expenditures by Fund Capital Projects Fund (100%) Budgeted and Historical 2025 Expenditures by Fund Capital Projects Fund eo �tio �yryo o �4153o • Capital Projects Fund Grey background indicates budgeted figures. oti^ otiry oho otis otic' 4A1 FY2022 FY2023 FY2024 FY2025 FY2024 Budgeted vs. Actual Actual Budgeted Budgeted FY2025 Budgeted (% Change) City of Atlantic Beach 1 Budget Book 2025 Page 105 Name Operating Expenses OTHER CONTRACTUAL SERVICE PROFESSIONAL SERVICES Total Operating Expenses: FY2022 FY2023 FY2024 FY2025 FY2024 Budgeted vs. Actual Actual Budgeted Budgeted FY2025 Budgeted (% Change) $0.00 $0.00 $625,000.00 $525,705.00 -15.9% $16,914.00 $0.00 $0.00 $0.00 $16,914.00 $0.00 $625,000.00 $525,705.00 0% -15.9% Capital Outlay MACHINERY& EQUIPMENT $42,476.07 $0.00 $0.00 $0.00 0% BUILDINGS $60,000.00 $575,923.00 $1,500,000.00 $0.00 -100% INFRASTRUCTURE $889559.68 $1,923,808.00 $0.00 $0.00 0% INFRASTRUCTURE $304,798.90 $634,937.00 $2,185,000.00 $2,145,180.00 -1.8% INFRASTRUCTURE $248,328.34 $217,377.00 $1,463,680.00 $797,180.00 -45.5% Total Capital Outlay: $1,545,162.99 $3,352,045.00 $5,148,680.00 $2,942,360.00 -42.9% Other Uses FUND110-CDBG $216,667.00 $0.00 $0.00 $0.00 0% Total Other Uses: $216,667.00 $0.00 $0.00 $0.00 0% Total Capital Projects Fund: $1,778,743.99 $3,352,045.00 $5,773,680.00 $3,468,065.00 -39.9% City of Atlantic Beach 1 Budget Book 2025 Page 106 JACC GRANTS Summary The City of Atlantic Beach is projecting $117.56K of revenue in FY2025, which represents a 108.6% increase over the prior year. Budgeted expenditures are projected to increase by 108.6% or $61.21K to $117.56K in FY2025. $125K $100 K $75K $50K $25K $o 111 (S\ p<I, p•<%i pNix pN4, p\c° 01A p•2, C1� p0` pLL Lni O�tx pL� yti 1ti _ti ti �yti ,15S\( 441,ti co,�ti ti „,c, e co' Revenue by Fund 2025 Revenue by Fund Fdle Jag Grant -Cops (100%) City of Atlantic Beach 1 Budget Book 2025 • Actual Revenue Source • Budgeted Revenue Source • Over Budget Revenue Source • Actual Expenditures • Budgeted Expenditures Page 107 m c 0 Name 0.125 0.1 0.075 0.05 0.025 0 Fdle Jag Grant -Cops Total Fdle Jag Grant -Cops: Budgeted and Historical 2025 Revenue by Fund Fdle Jag Grant -Cops Grey background indicates budgeted figures. FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) $0.00 $0.00 $56,347.00 $117,557.00 108.6% $0.00 $0.00 $56,347.00 $117,557.00 108.6% City of Atlantic Beach 1 Budget Book 2025 Page 108 0 c 0 0.125 0.1 0.075 0.05 0.025 0 Expenditures by Fund 2025 Expenditures by Fund ' Fdle Jag Grant -Cops (100%) Budgeted and Historical 2025 Expenditures by Fund e1�� ey�k �tio eyryk �tio 4-k��oti ��oti • Fdle Jag Grant -Cops Grey background indicates budgeted figures. Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Fdle Jag Grant -Cops $2,131.99 City of Atlantic Beach 1 Budget Book 2025 $0.00 $56,347.00 $117,557.00 108.6% Page 109 Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Total Fdle Jag Grant -Cops: $2,131.99 $0.00 $56,347.00 $117,557.00 108.6% City of Atlantic Beach 1 Budget Book 2025 Page 110 Pension Trust Funds Summary The City of Atlantic Beach is projecting $2.89M of revenue in FY2025, which represents a 12.3% decrease over the prior year. Budgeted expenditures are projected to decrease by 12.3% or $406.22K to $2.89M in FY2025. $15M $10 M $5M so $-5000000 I�ii�i�i�lll�� 1 Ih�l I 1 1 1111 1QQ11 NS OKt ONt 0<0 O<9 0<\ 1 0Z 1,0 01, Q A2 Q�O�1 O�� O�� <9 1,0e 19 yti <<yti �ti ��ti ti ti ti ti ti e F e �1ti Pension Trust Fund -Police (31.3%) Revenue by Fund 2025 Revenue by Fund • Actual Revenue Source • Budgeted Revenue Source • Over Budget Revenue Source • Actual Expenditures • Budgeted Expenditures • Over Budget Expenditures City of Atlantic Beach 1 Budget Book 2025 Pension Trust Fd -General (68.7%) Page 111 100% 80% 60% 40% 20% 0% Budgeted and Historical 2025 Revenue by Fund I I I I I I I I I I I I I II II1 o �ry ^3 �r �h �6 �� 0 �o ryo ry ryry rya ry° ry0 �yryo �ryo �ryo ��ryo �ryo �yryo �ryo �ryo �yryo �ryo ryo ��ryo �ryo 4-s �ryo ��ryo �ryo • Pension Trust Fund -Police • Pension Trust Fd -General Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Pension Trust Fund -Police -$1,370,350.18 $2,714,651.00 $1,211,057.00 $902,864.00 -25.4% Pension Trust Fd -General -$2,795,276.07 $4,079,688.00 $2,083,265.00 $1,985,243.00 -4.7% Total: -$4,165,626.25 $6,794,339.00 $3,294,322.00 $2,888,107.00 -12.3% Pension Trust Fund -Police (31.3%) Expenditures by Fund 2025 Expenditures by Fund City of Atlantic Beach 1 Budget Book 2025 Pension Trust Fd -General (68.7%) Page 112 3.5 3 2.5 2 = c 0 1.5 0.5 0 Budgeted and Historical 2025 Expenditures by Fund O^� O O<, O\' eee4O\b f O O^� O\Q O\° OPS Ogl'^ eeee Off' ORS OP Ory' 4A.v 4-k Pension Trust Fund -Police • Pension Trust Fd -General Grey background indicates budgeted figures. Name FY2022 Actual FY2023 Actual FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Pension Trust Fund -Police $920,632.15 $815,996.00 $1,211,057.00 $902,864.00 -25.4% Pension Trust Fd -General $1,654,269.34 $2,128,537.00 $2,083,265.00 $1,985,243.00 -4.7% Total: $2,574,901.49 $2,944,533.00 $3,294,322.00 $2,888,107.00 -12.3% City of Atlantic Beach 1 Budget Book 2025 Page 113 DEPARTMENTS City of Atlantic Beach 1 Budget Book 2025 Page 114 $80K $60K $40K $20K $0 Commission Expenditures Summary $69,366 $1,395 (2.05% vs. prior year) Commission Proposed and Historical Budget vs. Actual aN\ ti 3 � h e \ CS ° F�ry9,0o0 01 ` 019' ti3 0ti� 0b Fery4141 • Actual • Budgeted • Over Budget City of Atlantic Beach 1 Budget Book 2025 Page 115 Expenditures by Fund 2025 Expenditures by Fund General Fund (100%) Budgeted and Historical 2025 Expenditures by Fund 0.08 0.07 0.06 0.05 N c 0 0.04 0.03 0.02 0.01 0 OHO O�� O\`1, OFF\cQ\6 F F\`� FFF� QFF0 ,1,1O,O0O,O,ryO0O,�O41OFe�,0O,",O,1O Name General Fund City of Atlantic Beach 1 Budget Book 2025 General Fund Grey background indicates budgeted figures. FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Page 116 Name FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) General Fund Personnel Services SALARIES $39,377.52 $41,905.59 6.4% F.I.C.A $3,062.80 $3,205.77 4.7% WORKERS' COMPENSATION $82.50 $94.88 15% Total Personnel Services: $42,522.82 $45,206.24 6.3% Operating Expenses COM MUNICATIONS $748.00 $2,460.00 228.9% PRINTING & PUBLISHING $500.00 $500.00 0% OPERATING SUPPLIES $3,200.00 $3,200.00 0% BOOK,SUBSCRIP,MEMBERSHIPS $500.00 $500.00 0% TRAINING $8,500.00 $8,500.00 0% Total Operating Expenses: $13,448.00 $15,160.00 12.7% Grants and Aids AIDS TO GOVERN M ENT AG ENCS $12,000.00 $9,000.00 -25% Total Grants and Aids: $12,000.00 $9,000.00 -25% Total General Fund: $67,970.82 $69,366.24 2.1% Total General Fund: $67,970.82 $69,366.24 2.1% - City of Atlantic Beach 1 Budget Book 2025 Page 117 $800K $600K $400K $200K $0 City Manager Expenditures Summary $629,636 —$13,185 (-2.05% vs. prior year) City Manager Proposed and Historical Budget vs. Actual Iiiiiiiiiiiiilll y�o ytio 4-k hyo ��yo 4-0 <y�o �tio yrto ��o y�o �o hyo cryo ylo o • Actual • Budgeted • Over Budget City of Atlantic Beach 1 Budget Book 2025 Page 118 0.7 0.6 0.5 0.4 N c 0.3 0.2 0.1 Name General Fund Expenditures by Fund 2025 Expenditures by Fund General Fund (100%) Budgeted and Historical 2025 Expenditures by Fund 0 v N`b �h �6 N9 ti� titi ti3 ti� ryh 419 y.10 417 y�o ��o -0o -1�o �O y.10 y�o ��o tio 410 410 ,10 AI' o F F F F F F F F F F F 4-k F F Q F City of Atlantic Beach 1 Budget Book 2025 General Fund Grey background indicates budgeted figures. FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Page 119 Name FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) General Fund Personnel Services SALARIES $438,951.55 $447,894.72 2% SPECIAL PAY $30,800.00 $6,000.00 -80.5% F.I.C.A. $29547.92 $34,263.94 16% ICMA 401 $34,338.00 $23,860.20 -30.5% ICMA 457 $11,414.00 $15,469.27 35.5% BEN EFIT GROUP -GEN ERAL $8,421.00 $0.00 -100% 401 GENL DEF CONTR MATCH $0.00 $1,640.00 N/A UNFUNDED LIABI LITY-G EPP $8,197.00 $10,894.45 32.9% HEALTH $52,537.00 $60,417.55 15% LIFE $400.00 $460.00 15% WORKERS' COMPENSATION $3500.00 $4,025.00 15% Total Personnel Services: $618,106.47 $604,925.13 -2.1% Operating Expenses PROFESSIONAL SERVICES $5,000.00 $5,000.00 0% TRAVEL AND PER DIEM $1,100.00 $1,100.00 0% COMMUNICATIONS $2,000.00 $2,000.00 0% RENTALS & LEASES $220.00 $220.00 0% PRINTING & PUBLISHING $2,090.00 $2,090.00 0% OFFICE SUPPLIES $65.00 $65.00 0% OPERATING SUPPLIES $2,650.00 $2,646.00 -0.2% BOOK,SUBSCRIP,MEMBERSHIPS $5,090.00 $5,090.00 0% TRAINING $6500.00 $6,500.00 0% Total Operating Expenses: $24,715.00 $24,711.00 0% Total General Fund: $642,821.47 $629,636.13 -2.1% Total General Fund: $642,821.47 $629,636.13 -2.1% - City of Atlantic Beach 1 Budget Book 2025 Page 120 City Clerk Expenditures Summary $404,624 $9,879 (2.50% vs. prior year) City Clerk Proposed and Historical Budget vs. Actual $500K $400K • 1 . $300K $200K $100K $0 iiiiiiiiiiiIii!!�ytio • Actual • Budgeted City of Atlantic Beach 1 Budget Book 2025 Page 121 N c O Name Expenditures by Fund 2025 Expenditures by Fund General Fund (100%) Budgeted and Historical 2025 Expenditures by Fund 0.5 0.4 0.3 0.2 0.1 0 v csni �� ' \6 <\ �9D cs9 ti� ti� titi ti3 ti� tih 419 -VT Vy�o y�o -,to 4-o �Ro ��O -o°y,qo y�o Jtio �Ro -o9-,10 O F F F F F F F F F F F F F F Q F General Fund City of Atlantic Beach 1 Budget Book 2025 • General Fund Grey background indicates budgeted figures. FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Page 122 Name FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) General Fund Personnel Services SALARIES $208,304.72 $243,793.83 17% OVERTIME $4,000.00 $4,000.00 0% SPECIAL PAY $2,000.00 $2,000.00 0% F.I.C.A. $17,487.60 $18,650.22 6.6% BEN EFIT GROUP -GENERAL $8,421.00 $13,783.88 63.7% 401 GENL DEF CONTR MATCH $2,388.88 $4,750.00 98.8% UNFUNDED LIABI LITY-G EPP $8,197.00 $10,894.45 32.9% HEALTH $41,046.50 $47,203.48 15% LIFE $355.00 $408.25 15% WORKERS COMPENSATION $563.50 $648.03 15% Total Personnel Services: $292,764.20 $346,132.14 18.2% Operating Expenses PROFESSIONAL SERVICES $0.00 $100.00 N/A OTHER CONTRACTUAL SERVS. $52,174.00 $9,874.00 -81.1% TRAVEL AND PER DIEM $100.00 $100.00 0% COM M U N I CATI ONS $1,480.00 $1,480.00 0% TRAN SP.,POSTAG E, M ESSENG ER $300.00 $300.00 0% REPAIRS & MAINTENANCE $21,893.00 $19,844.00 -9.4% PRINTING & PUBLISHING $10,325.00 $10,444.00 1.2% OTHER CURRENT CHARGES $500.00 $500.00 0% OFFICE SUPPLIES $1,200.00 $1,200.00 0% OPERATING SUPPLIES $5,200.00 $5,200.00 0% BOOK,SUBSC RIP,MEMBERSHIPS $1,810.00 $1,810.00 0% TRAINING $6,999.00 $7,640.00 9.2% Total Operating Expenses: $101,981.00 $58,492.00 -42.6% Total General Fund: Total General Fund: $394,745.20 $404,624.14 $394,745.20 $404,624.14 2.5% 2.5% - City of Atlantic Beach 1 Budget Book 2025 Page 123 Finance Expenditures Summary $1,469,373 $96,349 (7.02% vs. prior year) Finance Proposed and Historical Budget vs. Actual $2M 6\9 e^ �.`�' �3 �.�` � �6 <\ �.� �.j 9 4^ 9' 2y o �ytio �tio hyo hyo cklo <4..0 <4..0 <4tio Art/ y� e �tio hyo �yo �tio �tio • Actual • Budgeted • Over Budget City of Atlantic Beach 1 Budget Book 2025 Page 124 1.75 1.5 1.25 C O 3 0.75 0.5 0.25 Expenditures by Fund 2025 Expenditures by Fund General Fund (100%) Budgeted and Historical 2025 Expenditures by Fund 0 Oda -09 -1,`P O\6 O ON� O^� ORO O�'� O�� O09 �ti y2 ,ti y� �2 �2 y� �ry ,� �ti yti 4-k Jti • General Fund Grey background indicates budgeted figures. Name FY2024 Budgeted General Fund City of Atlantic Beach 1 Budget Book 2025 FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Page 125 Name FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) General Fund Personnel Services SALARIES $849,366.00 $865,630.50 1.9% OVERTIME $15,000.00 $15,000.00 0% SPECIAL PAY $5,618.00 $5,618.00 0% F.I.C.A. $59,521.00 $66,220.73 11.3% BEN EFIT GROUP -GENERAL $23,580.00 $27,567.76 16.9% 401 GENL DEF CONTR MATCH $14,810.00 $34,998.60 136.3% UNFUNDED LIABI LITY-G EPP $22,950.00 $47,209.28 105.7% HEALTH $142,450.00 $163,817.50 15% LIFE $1,658.00 $1,906.70 15% WORKERS COMPENSATION $7,350.00 $8,452.50 15% REEMPLOYMENT COMPENSATION $111.17 $127.85 15% Total Personnel Services: $1,142,414.17 $1,236,549.42 8.2% Operating Expenses PROFESSIONAL SERVICES $0.00 $250.00 N/A ACCOUNTING &AUDITING $65,550.00 $65,550.00 0% OTHER CONTRACTUAL SERVS. $40,050.00 $40,050.00 0% TRAVEL AND PER DIEM $500.00 $500.00 0% COMMUNICATIONS $2,452.00 $3,976.00 62.2% TRANSP.,POSTAGE,MESSENGER $54,208.00 $54208.00 0% RENTALS & LEASES $660.00 $660.00 0% REPAIR & MAINTENANCE $2,000.00 $2,000.00 0% PRINTING & PUBLISHING $25,000.00 $25,000.00 0% OFFICE SUPPLIES $3,000.00 $3,000.00 0% OPERATING SUPPLIES $20,000.00 $20,440.00 2.2% BOOK,SUBSC RIP,MEMBERSHIPS $2,405.00 $2,405.00 0% TRAINING $14,785.00 $14,785.00 0% Total Operating Expenses: $230,610.00 $232,824.00 1% Total General Fund: Total General Fund: $1,373,024.17 $1,469,373.42 7% $1,373,024.17 $1,469,373.42 7% - City of Atlantic Beach 1 Budget Book 2025 Page 126 $600K $500K $400K $300K $200K $100K $0 Human Resources Expenditures Summary $409,542 $127,401 (45.16% vs. prior year) Human Resources Proposed and Historical Budget vs. Actual II iii1111 II 1 I I yrto ytio �o hyo �o �,,yo e e e e e �o hyo cryo o �ytio • Actual • Budgeted • Over Budget City of Atlantic Beach 1 Budget Book 2025 Page 127 0.6 0.5 0.4 N C :2 0.3 i 0.2 0.1 Name General Fund Expenditures by Fund 2025 Expenditures by Fund General Fund (100%) Budgeted and Historical 2025 Expenditures by Fund 0 ' ,9 ti` titi ti� ti� -0O -V0 y�0 y�0 -3:15' -0O -.(°-00 -00 y10 y�0 J,O -0° 410 410 - F F F F F F F F F F F F F F Q • General Fund Grey background indicates budgeted figures. FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) City of Atlantic Beach 1 Budget Book 2025 Page 128 Name FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) General Fund Personnel Services SALARIES $178,161.15 $277,059.60 55.5% SPECIAL PAY $3,000.00 $3,000.00 0% F.I.C.A. $14,814.00 $21,195.05 43.1% BENEFIT GROUP -GENERAL $4,996.00 $5,265.75 5.4% 401 GENL DEF CONTR MATCH $5,810.00 $18,568.00 219.6% UNFUNDED LIABI LITY-G EPP $11,047.00 $7,262.97 -34.3% HEALTH $37,645.30 $43,292.10 15% LIFE $264.00 $303.60 15% WORKERS' COMPENSATION $278.00 $319.70 15% Total Personnel Services: $256,015.45 $376,266.77 47% Operating Expenses OTHER CONTRACTUAL SERVS. $9,000.00 $6,450.00 -28.3% TRAVEL AND PER DIEM $2,000.00 $2,000.00 0% COM M U N I CATI ONS $1,025.00 $1,025.00 0% TRAN SP.,POSTAG E, M ESSENG ER $100.00 $100.00 0% REPAIR & MAINTENANCE $0.00 $12,200.00 N/A PRINTING & PUBLISHING $7,500.00 $2,000.00 -73.3% OFFICE SUPPLIES $1,500.00 $1,500.00 0% OPERATING SUPPLIES $1,500.00 $1,500.00 0% BOOK,SUBSC RIP,MEMBERSHIPS $1,500.00 $2,500.00 66.7% TRAINING $2,000.00 $4,000.00 100% Total Operating Expenses: $26,125.00 $33,275.00 27.4% Total General Fund: $282,140.45 $409,541.77 45.2% Total General Fund: $282,140.45 $409,541.77 45.2% - City of Atlantic Beach 1 Budget Book 2025 Page 129 $400K $300K $200K $100K $0 Legal Counsel Expenditures Summary $165,375 -$311054 (-15.81% vs. prior year) Legal Counsel Proposed and Historical Budget vs. Actual IIIIIIIIIIIIIIII .ti .3 ,� .y ,6 ,� �� ti` titi ti� ti� 2y �y�o o fro hyo hyo �o �ytio �o �ytio �o �o ego e e o o • Actual • Budgeted • Over Budget City of Atlantic Beach 1 Budget Book 2025 Page 130 0.3 0.25 0.2 C 0 0.15 0.1 0.05 0 OHO O�� O\q, O \cQ\6 F �\`� ��0 �ti y1O�OtiOyOuryOtiOytiO4tiO<2�ytiO," -s,O4tiO Expenditures by Fund 2025 Expenditures by Fund General Fund (100%) Budgeted and Historical 2025 Expenditures by Fund General Fund Grey background indicates budgeted figures. Name FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) General Fund City of Atlantic Beach 1 Budget Book 2025 Page 131 Name FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) General Fund Operating Expenses PROFESSIONAL SERVICES $196,428.57 $165,375.00 -15.8% Total Operating Expenses: $196,428.57 $165,375.00 -15.8% Total General Fund: $196,428.57 $165,375.00 -15.8% Total General Fund: $196,428.57 $165,375.00 -15.8% City of Atlantic Beach 1 Budget Book 2025 Page 132 $800K $600K $400K $200K $0 Planning and Community Development Expenditures Summary $620,046 -$14,349 prior year) Planning and Community Development Proposed and Historical Budget vs. Actual IIiIIIiIiIiiiIlI • Actual • Budgeted City of Atlantic Beach 1 Budget Book 2025 Page 133 0.7 0.6 0.5 0.4 N c 0.3 0.2 0.1 Name General Fund Expenditures by Fund 2025 Expenditures by Fund General Fund (100%) Budgeted and Historical 2025 Expenditures by Fund 0 v N`b �h �6 N9 ti� titi ti3 ti� ryh 419 y�o 417 y�o ��o -0o -1�o �O y.10 y�o ��o tio 410 410 ,10 AI' o F F F F F F F F F F F 4-k F F Q F City of Atlantic Beach 1 Budget Book 2025 General Fund Grey background indicates budgeted figures. FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Page 134 Name FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Personnel Services SALARIES $217,137.00 $228,005.10 OVERTIME $100.00 $100.00 SPECIAL PAY $3,300.00 $9,047.55 F.I.C.A. $16,872.00 $17,442.00 BENEFIT GROUP -GENERAL $1,684.00 $0.00 401 GENL DEF CONTR MATCH $6,022.00 $15,889.00 UNFUNDED LIABILITY-GEPP $1,639.00 $3,631.48 HEALTH $33,990.00 $39,088.50 LIFE $378.00 $434.70 WORKERS COMPENSATION $4,375.00 $5,031.25 SALARIES $64,226.00 $67,441.92 OVERTIME $500.00 $500.00 SPECIAL PAY $2,250.00 $3,372.09 F.I.C.A. $4,936.00 $5,160.00 BENEFIT GROUP -GENERAL $5,053.00 $0.00 401 GENL DEF CONTR MATCH $3,545.00 $4,050.00 UNFUNDED LIABILITY-GEPP $4,918.00 $7,262.97 HEALTH $9,816.40 $11,288.86 LIFE $145.00 $166.75 WORKERS COMPENSATION $1,182.00 $1,359.30 Total Personnel Services: $382,068.40 $419,271.47 Operating Expenses PROFESSIONAL SERVICES $0.00 $10,000.00 OTHER CONTRACTUAL SERVICE $148,050.00 $105,000.00 COMMUNICATIONS $2,280.00 $3,000.00 RENTALS & LEASES $0.00 $2,400.00 REPAIR & MAINTENANCE $7,650.00 $7,650.00 PRINTING & PUBLISHING $42,690.00 $10,500.00 OFFICE SUPPLIES $1,550.00 $2,100.00 OPERATING SUPPLIES $5,100.00 $5,500.00 GASOLINE $350.00 $350.00 BOOK,SUBSCRIP,MEMBERSHIPS $1,200.00 $1,500.00 TRAINING $6500.00 $8,000.00 CONTRACTUAL SERVICES $30,000.00 $32,000.00 COMMUNICATIONS $1,032.00 $1,500.00 OFFICE SUPPLIES $350.00 $400.00 OPERATING SUPPLIES $1,750.00 $1,950.00 GASOLINE $350.00 $35000 BOOK,SUBSCRIP,MEMBERSH IPS $75.00 $75.00 TRAINING $3,000.00 $3,000.00 Total Operating Expenses: $251,927.00 $195,275.00 5% 0% 174.2% 3.4% -100% 163.8% 121.6% 15% 15% 15% 5% 0% 49.9% 4.5% -100% 14.2% 47.7% 15% 15% 15% 9.7% N/A -29.1% 31.6% N/A 0% -75.4% 35.5% 7.8% 0% 25% 23.1% 6.7% 45.3% 14.3% 11.4% 0% 0% 0% -22.5% - City of Atlantic Beach 1 Budget Book 2025 Page 135 Name FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Capital Outlay COMPUTER EQUIPMENT $0.00 $1,500.00 N/A COMPUTER EQUIPMENT $400.00 $4,000.00 900% Total Capital Outlay: $400.00 $5,500.00 1,275% 1 Total General Fund: $634,395.40 $620,046.47 -2.3% City of Atlantic Beach 1 Budget Book 2025 Page 136 $1.25M $1 M $750K $500K $250K $0 Information Technology Expenditures Summary $1,000,508 $85,697 (9.37% vs. prior year) Information Technology Proposed and Historical Budget vs. Actual IiiiiIiiiiiiiiII 44-15)�tio �tio �y yrto cryo 4tio 441''hyo cktio �ti 4yti hyo cktio ‹.ktio • Actual • Budgeted City of Atlantic Beach 1 Budget Book 2025 Page 137 1.2 0.8 N c :2 0.6 0.4 0.2 Expenditures by Fund 2025 Expenditures by Fund General Fund (100%) Budgeted and Historical 2025 Expenditures by Fund 0 -09 -V0 y�0 y�0 -10 -09 -RO -00 -00 y10 ,O -RO ,10 410 - 0 F F F F F F F F F F 4-3. FJF F Q F Name General Fund City of Atlantic Beach 1 Budget Book 2025 • General Fund Grey background indicates budgeted figures. FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Page 138 Name FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) General Fund Personnel Services SALARIES $218,913.00 $277,280.64 26.7% OVERTIME $11,500.00 $11,500.00 0% SPECIAL PAY $1,000.00 $3,400.00 240% F.I.C.A. $16,531.00 $21,211.96 28.3% BEN EFIT GROUP -GEN ERAL $5,100.00 $0.00 -100% 401 GENL DEF CONTR MATCH $0.00 $1,514.00 N/A UNFUNDED LIABILITY-GEPP $4,918.00 $10,894.45 121.5% HEALTH $20,673.40 $23,774.41 15% LIFE $264.00 $303.60 15% WORKERS' COMPENSATION $382.00 $439.30 15% Total Personnel Services: $279,281.40 $350,318.36 25.4% Operating Expenses OTHER CONTRACTUAL SERVS. $16,400.00 $19,900.00 21.3% TRAVEL AND PER DIEM $800.00 $800.00 0% COMMUNICATIONS $78,128.00 $78,128.00 0% TRAN SP.,POSTAG E, M ESSENG E R $500.00 $500.00 0% RENTAL AND LEASES $22,579.00 $22,579.00 0% REPAIR & MAINTENANCE $424,966.00 $436,125.85 2.6% PRINTING & PUBLISHING $100.00 $100.00 0% OFFICE SUPPLIES $100.00 $100.00 0% OPERATING SUPPLIES $32,500.00 $32,500.00 0% GASOLINE $500.00 $500.00 0% BOOK,SUBSC RIP,MEMBERSHIPS $1,000.00 $1,000.00 0% TRAINING $6,957.00 $6,957.00 0% Total Operating Expenses: $584,530.00 $599,189.85 2.5% Capital Outlay COMPUTER EQUIPMENT $51,000.00 $51,000.00 0% Total Capital Outlay: $51,000.00 $51,000.00 0% Total General Fund: $914,811.40 $1,000,508.21 9.4% Total General Fund: $914,811.40 $1,000,508.21 9.4% City of Atlantic Beach 1 Budget Book 2025 Page 139 $800K $600K $400K $200K $0 General Government Expenditures Summary $588,533 $26,48 year)prior General Government Proposed and Historical Budget vs. Actual Iiiliiiiililiili .ti .3 ,� .y ,6 ,� �� ti` titi ti� ti� 2y y�o ytio �o hyo hyo �o �ytio �o �ytio ��o �o ego e e e �ytio • Actual • Budgeted • Over Budget City of Atlantic Beach 1 Budget Book 2025 Page 140 0.7 0.6 0.5 0.4 N c 0.3 0.2 0.1 Expenditures by Fund 2025 Expenditures by Fund General Fund (100%) Budgeted and Historical 2025 Expenditures by Fund 0 v <° �6 N9 �� ti� titi ti3 ti� ryh -09 y:yo 417 ytio 410 -QV -Qyo -Qv -Qv ytio �tio tio 4v 4v ,10 41, F F F F F F F F F F F 4-k F F Q F Name General Fund City of Atlantic Beach 1 Budget Book 2025 General Fund Grey background indicates budgeted figures. FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Page 141 Name FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Personnel Services SALARIES $11,625.00 $0.00 -100% SPECIAL PAY $541.00 $0.00 -100% F.I.C.A. $2,316.00 $0.00 -100% 401 GENL DEF CONTR MATCH $2004.00 $0.00 -100% HEALTH $5,981.80 $0.00 -100% LIFE $66.00 $0.00 -100% WORKERS COMPENSATION $31.50 $0.00 -100% Total Personnel Services: $22,565.30 $0.00 -100% Operating Expenses PROFESSIONAL SERVICES $72,000.00 $72000.00 0% OTHER CONTRACTUAL SERVICE $62,133.00 $62,172.00 0.1% COMMUNICATIONS $424.00 $424.00 0% TRANSP.POSTAGE,MESSENGER $10,000.00 $10,000.00 0% UTILITIES $21,600.00 $21,600.00 0% CITY PROVIDED $8500.00 $8,500.00 0% RENTALS & LEASES $400.00 $400.00 0% INSURANCE $337,831.50 $258,409.00 -23.5% REPAIR & MAINTENANCE $12,900.00 $94,200.00 630.2% PRINTING & PUBLISHING $750.00 $750.00 0% OFFICE SUPPLIES $2500.00 $2,500.00 0% OPERATING SUPPLIES $7,850.00 $7,850.00 0% BOOK,SU BSCRI P,M EM BE RSH IPS $2,590.00 $2590.00 0% TRAINING $47,138.00 N/A Total Operating Expenses: $539,478.50 $588,533.00 9.1% Total General Fund: $562,043.80 $588,533.00 4.7% - City of Atlantic Beach 1 Budget Book 2025 Page 142 $5M $4M $3M $2M $1 M $0 Public Works Expenditures Summary $4,702,965 $240,150 (5.38% vs. prior year) Public Works Proposed and Historical Budget vs. Actual iiliiiiiiiiillll o o o Art,' 4yyytio fro ytio ��yo o cryo k4 �ytio cryo kg' e o • Actual • Budgeted City of Atlantic Beach 1 Budget Book 2025 Page 143 5 4 3 N O 2 1 0 Name General Fund Expenditures by Fund 2025 Expenditures by Fund General Fund (100%) Budgeted and Historical 2025 Expenditures by Fund -IF Ado AV AV 410 AV o 4tio Jho ytio 410 4tio ��o ytio F F F F F F F F F F F F Q F Q F • General Fund Grey background indicates budgeted figures. FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) City of Atlantic Beach 1 Budget Book 2025 Page 144 Name FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Personnel Services SALARIES OVERTIME SPECIAL PAY F.I.C.A. BENEFIT GROUP -GENERAL 401 GENL DEF CONTR MATCH UNFUNDED LIABILITY-GEPP HEALTH LIFE WORKERS' COMPENSATION SALARIES OVERTIME SPECIAL PAY F.I.C.A. BENEFIT GROUP -GENERAL 401 GENL DEF CONTR MATCH UNFUNDED LIABILITY-GEPP HEALTH LIFE WORKERS COMPENSATION SALARIES OVERTIME SPECIAL PAY F.I.C.A. BENEFIT GROUP -GENERAL 401 GENL DEF CONTR MATCH UNFUNDED LIABILITY-GEPP HEALTH LIFE WORKERS COMPENSATION SALARY OVERTIME SPECIAL PAY F.I.C.A. BENEFIT GROUP -GENERAL 401 GENL DEF CONTR MATCH UNFUNDED LIABILITY-GEPP HEALTH LIFE WORKERS COMPENSATION SALARIES OVERTIME SPECIAL PAY $120,328.00 $126,333.48 5% $100.00 $14,490.00 14,390% $1,650.00 $1,650.00 0% $9,339.00 $9,664.51 3.5% $4,996.00 $0.00 -100% $5,279.21 $6,298.00 19.3% $11,047.00 $7,262.97 -34.3% $20,722.78 $23,831.19 i 15% $264.00 $303.60 15% $3,760.03 $4,324.03 15% $256,960.00 $269,815.72 1 5% $800.00 $800.00 0% $8,750.00 $8,750.00 0% $20,331.00 $20,640.90 1.5% $12,989.60 $0.00 -100% $14,672.00 $16,432.00 12% $28,721.68 $25,420.38 -11.5% $44,662.20 $51,361.53 15% $601.00 $691.15 15% $3500.00 $4,025.00 15% $428,553.00 $423,730.65 -1.1% $10248.00 $16,222.50 58.3% $5,513.00 $5513.00 0% $35,750.00 $32,415.00 -9.3% $28576.08 $41,351.65 44.7% $10,305.00 $11,917.00 15.6% $63,188.32 $36,314.83 -42.5% $81,851.00 $94,128.65 15% $924.00 $1,062.60 15% $31,031.00 $35,685.65 15% $285,688.00 $302,706.00 6% $10,000.00 $52,447.50 424.5% $20,000.00 $20,000.00 0% $24,151.00 $26219.85 8.6% $2,753.92 $13,783.88 400.5% $6,100.00 $6,405.00 5% $6,089.20 $7,262.97 19.3% $71270.00 $81,960.50 15% $792.00 $910.80 15% $14,098.00 $16212.70 15% $86,167.00 $90,475.35 5% $100.00 $17,745.00 17,645% $950.00 $950.00 0% City of Atlantic Beach 1 Budget Book 2025 Page 145 Name FY2024 Budgeted F.I.C.A. BENEFIT GROUP -GENERAL UNFUNDED LIABILITY-GEPP HEALTH LIFE WORKERS COMPENSATION Total Personnel Services: Operating Expenses PROFESSIONAL SERVICES OTHER CONTRACTUAL SERVICE COMMUNICATIONS RENTALS & LEASES REPAIR & MAINTENANCE OPERATING SUPPLIES GASOLINE DIESEL TRAINING PROFESSIONAL SERVICES OTHER CONTRACTUAL SERVS. TRAVEL AND PER DIEM COMMUNICATIONS TRANSP.,POSTAGE,MESSENGER REPAIR & MAINTENANCE PRINTING & PUBLISHING OFFICE SUPPLIES OPERATING SUPPLIES GASOLINE BOOK,SUBSCRIP,MEM BERSH IPS TRAINING PROFESSIONAL SERVICES OTHER CONTRACTUAL SERVS. TOWN CENTER MAINTENANCE MAYPORT FLYOVER MAI NT COMMUNICATIONS UTILITIES CITY PROVIDED RENTALS & LEASES PRINTING & PUBLISHING OFFICE SUPPLIES OPERATING SUPPLIES GASOLINE DIESEL ROAD & MATERIAL SUPPLIES $6,829.00 $2,753.92 $6,089.20 $24,652.00 $209.00 $7,000.00 $1,841,105.14 FY2025 Budgeted $6,921.36 $0.00 $0.00 $28,349.80 $240.35 $8,050.00 $1,971,077.05 $10,000.00 $0.00 $217,000.00 $182,000.00 $600.00 $600.00 $300.00 $300.00 $42,000.00 $67,000.00 $22,800.00 $22,800.00 $1,200.00 $1,200.00 $25.00 $25.00 $1,000.00 $1,000.00 $30,000.00 $30,000.00 $30,000.00 $30,000.00 $1,000.00 $1,000.00 $12,000.00 $17,000.00 $100.00 $100.00 $5,100.00 $5,514.89 $2,100.00 $2,100.00 $4,000.00 $4,000.00 $12,675.00 $12,963.24 $2,000.00 $2,000.00 $2,500.00 $2,500.00 $10,975.00 $2,000.00 $31,825.00 $31,825.00 $184,966.00 $476,966.00 $62,722.00 $65,222.00 $36,200.00 $36,200.00 $3,000.00 $3,000.00 $125,000.00 $125,000.00 $30,000.00 $30,000.00 $12,500.00 $12,500.00 $1,500.00 $1,500.00 $250.00 $250.00 $78,200.00 $75,050.00 $12,000.00 $12,000.00 $4,000.00 $4,000.00 $8,000.00 $8,000.00 FY2024 Budgeted vs. FY2025 Budgeted (% Change) 1.4% -100% -100% 15% 15% 15% 7.1% -100% -16.1% 0% 0% 59.5% 0% 0% 0% 0% 0% 0% 0% 41.7% 0% 8.1% 0% 0% 2.3% 0% 0% -81.8% 0% 157.9% 4% 0% 0% 0% 0% 0% 0% 0% -4% 0% 0% 0% - City of Atlantic Beach 1 Budget Book 2025 Page 146 Name FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) BOOK,SUBSCRI P,M EM BERSH IPS $1,500.00 $1,500.00 0% TRAINING $2,000.00 $2,000.00 0% 1ST VEHICLE -CONTRACT SVCS $290,000.00 $300,000.00 3.4% 1ST VEH IC -NON CONTRACT SV $70,000.00 $80,000.00 14.3% COMMUNICATIONS $1,390.00 $1,390.00 0% OPERATING SUPPLIES $1,600.00 $14,100.00 781.3% GASOLINE $1,200.00 $1,200.00 0% PROFESSIONAL SERVICES $10,000.00 $10,000.00 0% OTHER CONTRACTUAL SERVS. $308,682.00 $223,182.00 -27.7% TRAVEL AND PER DIEM $500.00 $500.00 0% COM M U N I CATI ONS $3,500.00 $3,500.00 0% FREIGHT,POSTAGE,EXPR MAIL $50.00 $50.00 0% UTILITIES $20,000.00 $20,000.00 0% CITY PROVIDED $42,000.00 $42,000.00 0% RENTALS AN D LEASES $6,500.00 $6,500.00 0% REPAIR & MAINTENANCE $86,000.00 $172,900.00 101% PRINTING AND PUBLISHING $1,000.00 $1,000.00 0% OFFICE SUPPLIES $200.00 $200.00 0% OPERATING SUPPLIES $127,000.00 $187,500.00 47.6% GASOLINE $15,000.00 $15,000.00 0% DIESEL $500.00 $500.00 0% BOOK,SUBSCRI P,MEM BERSH IPS $200.00 $200.00 0% TRAINING $3,000.00 $3,000.00 0% PROFESSIONAL SERVICES $2,000.00 $2,000.00 0% OTHER CONTRACTUAL SERVS. $49,000.00 $45,000.00 -8.2% COM M U N I CATI ONS $600.00 $600.00 0% OPERATING SUPPLIES $38,000.00 $38,000.00 0% GASOLINE $750.00 $750.00 0% STREET -END ADOPT/MATCH PR $2,000.00 $2,000.00 0% Total Operating Expenses: $2,081,710.00 $2,440,188.13 17.2% Capital Outlay MACHINERY& EQUIPMENT $22,500.00 $22,500.00 0% MOTOR VEHICLES $38,000.00 $0.00 -100% BU I LD I N G S $194,000.00 $0.00 -100% MACH I N ERY & EQU I PM ENT $15,000.00 $0.00 -100% INFRASTRUCTURE $60,000.00 $60,000.00 0% MACH I N ERY & EQU I PM ENT $11,000.00 $67,000.00 509.1% BUILDING $35,000.00 $0.00 -100% INFRASTRUCTURE $90,000.00 $138,200.00 53.6% MACHINERY & EQUIPMENT $34,500.00 $4,000.00 -88.4% MOTOR VEHICLES $40,000.00 $0.00 -100% Total Capital Outlay: $540,000.00 $291,700.00 -46% Total General Fund: $4,462,815.14 $4,702,965.18 5.4% IP City of Atlantic Beach 1 Budget Book 2025 Page 147 $10M $8M S6M $4M $2M $0 Public Safety Expenditures Summary $8,309,505 -$57,694 (-0.69% vs. prior year) Public Safety Proposed and Historical Budget vs. Actual \\ try <3 \b 1 N6 � \`� 1c6 ti� ti� �ry �� tih X419 �y�o gyro �ytio hyo �tio Atio �ryo Aro ytio 40 cryo Are�tio hyo • Actual • Budgeted • Over Budget City of Atlantic Beach 1 Budget Book 2025 Page 148 10 8 6 0 0 4 2 0 Name General Fund Expenditures by Fund 2025 Expenditures by Fund General Fund (100%) Budgeted and Historical 2025 Expenditures by Fund L �3 o \h �6 ti� ti� tiry ti� ryb tih ,�o Jtio Jho ��o -,90 ��-,y1 o 0 ARO -kV 41' ytio 410 JIo -0 410 F F Q F F F F Q F F F F F F F F City of Atlantic Beach 1 Budget Book 2025 • General Fund Grey background indicates budgeted figures. FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Page 149 Name Personnel Services SALARIES OVERTIME SPECIAL PAY F.I.C.A. BENEFIT GROUP -POLICE BENEFIT GROUP -GENERAL 401 GENL DEF CONTR MATCH UNFUNDED LIABILITY-GEPP UNFUNDED LIABILITY -POLICE HEALTH LIFE WORKERS COMPENSATION SALARIES OVERTIME SPECIAL PAY F.I.C.A. BENEFIT GROUP -POLICE UNFUNDED LIABILITY -POLICE HEALTH LIFE WORKERS COMPENSATION SALARIES OVERTIME SPECIAL PAY F.I.C.A. BENEFIT GROUP -POLICE UNFUNDED LIABILITY -POLICE HEALTH LIFE WORKERS COMPENSATION SALARIES OVERTIME SPECIAL PAY F.I.C.A. BENEFIT GROUP -GENERAL 401 GENL DEF CONTR MATCH UNFUNDED LIABILITY-GEPP HEALTH LIFE WORKERS COMPENSATION SALARIES OVERTIME SPECIAL PAY FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) $602,383.00 $621,888.85 3.2% $650.00 $650.00 0% $6,900.00 $6,900.00 0% $46,660.00 $47575.00 2% $6,330.08 $21,211.48 235.1% $10,391.68 $0.00 -100% $8,755.00 $8,200.00 -6.3% $5,875.36 $10,894.45 85.4% $10,978.00 $17,004.36 54.9% $72,934.40 $83,874.56 15% $806.00 $926.90 15% $16,625.00 $19,118.75 15% $1,966,416.00 $2287,673.37 16.3% $105,000.00 $140,000.00 33.3% $120,000.00 $120,000.00 0% $166,879.00 $194,996.00 16.8% $131,350.00 $190,903.30 45.3% $121,914.00 $148,788.18 22% $332,127.00 $381,946.05 15% $3,105.00 $3,570.75 15% $87,500.00 $100,625.00 15% $243,157.00 $280,799.34 15.5% $15,000.00 $5,000.00 -66.7% $29,722.00 $15,000.00 1 -49.5% $22,023.00 $21,481.14 -2.5% $14,243.001 $31,817.22 123.4% $13,220.00 $17,004.36 28.6% $22585.20 $25,972.98 15% $275.00 $316.25 15% $7,000.00 $8,050.00 15% $332,879.00 $366,350.01 10.1% $17500.00 $17,500.00 0% $15,000.00 $15,000.00 0% $27,952.00 $28,025.77 0.3% $6,737.00 $13,783.88 104.6% $6,816.00 $14,640.00 114.8% $6,557.00 $21,788.90 232.3% $57,698.30 $66,353.05 15% $449.00 $516.35 15% $613.00 $704.95 15% $87,957.00 $92,354.85 5% $1,500.00 $1,500.00 0% $7,963.00 $7,963.00 0% City of Atlantic Beach 1 Budget Book 2025 Page 150 Name F.I.C.A. BENEFIT GROUP -GENERAL 401 GENL DEF CONTR MATCH UNFUNDED LIABILITY-GEPP LIFE WORKERS COMPENSATION SALARIES F.I.C.A. WORKERS COMPENSATION OVERTIME BENEFIT GROUP -POLICE UNFUNDED LIABILITY -POLICE SALARIES F.I.C.A. WORKERS COMPENSATION Total Personnel Services: Operating Expenses PROFESSIONAL SERVICES OTHER CONTRACTUAL SERVS. COMMUNICATIONS TRANSP.,POSTAGE,MESS ENGER UTILITIES CITY PROVIDED RENTALS & LEASES REPAIR & MAINTENANCE PRINTING & PUBLISHING PROMOTIONS OFFICE SUPPLIES OPERATING SUPPLIES DIESEL BOOK,SUBSCRIP,MEMBERSH IPS OTHER CONTRACTUAL SERVS. TRAVEL AND PER DIEM REPAIR & MAINTENANCE OPERATING SUPPLIES GASOLINE TRAINING OTHER CONTRACTUAL SERVS. REPAIR & MAINTENANCE OPERATING SUPPLIES OPERATING SUPPLIES BOOK,SUBSCRIP,MEMBERSH IPS PROFESSIONAL SERVICES FY2024 Budgeted FY2025 Budgeted $7,086.00 $7,065.00 $Z597.92 $13,783.88 $2,400.00 $2,740.00 $5,743.92 $3,631.48 $165.00 $189.75 $1,879.50 $2,161.43 $29,768.00 $31,256.40 $2214.00 $2,390.00 $368.00 $423.20 $5,000.00 $0.00 $12,193.00 $0.00 $10,978.00 $4,251.09 $302,775.00 $313,372.12 $23,163.00 $24,320.00 $10,500.00 $12,075.00 $5,177,257.36 $5,876,328.40 $44,192.00 $46,542.00 $14,000.00 $84,250.00 $138,026.80 $154,359.30 $500.00 $500.00 $17,000.00 $17,000.00 $8,588.00 $8,588.00 $18,600.00 $18,600.00 $132,962.00 $150,486.00 $6,500.00 $6,750.00 $14200.00 $16,700.00 $13,000.00 $13,000.00 $61,800.00 $58,300.00 $1,200.00 $1,200.00 $4,000.00 $4,000.00 $6,000.00 $4,000.00 $500.00 $500.00 $71,700.00 $47,200.00 $124,964.98 $119,099.00 $89,259.00 $91,600.00 $30,000.00 $2,100.00 $6,600.00 $4,000.00 $4,00000 $1,000.00 $1,000.00 $3,000.00 $3,000.00 $350.00 $0.00 $600.00 $750.00 FY2024 Budgeted vs. FY2025 Budgeted (% Change) - 0.3% 430.6% 14.2% - 36.8% 15% 15% 5% 7.9% 15% -100% -100% -61.3% 3.5% 5% 15% 13.5% 5.3% 501.8% 11.8% 0% 0% 0% 0% 13.2% 3.8% 17.6% 0% - 5.7% 0% 0% - 33.3% 0% -34.2% - 4.7% 2.6% N/A 214.3% 0% 0% 0% - 100% 25% - City of Atlantic Beach 1 Budget Book 2025 Page 151 Name FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) OTHER CONTRACT SERVICES $750.00 $750.00 0% COM M U N I CATI ONS $900.00 $900.00 0% CITY PROVIDED $250.00 $250.00 0% REPAIR & MAINTENANCE $1,000.00 $1,000.00 0% FI RST VEHICLES/EQUIPMENT $1,000.00 $1,000.00 0% OPERATING SUPPLIES $3,000.00 $3,280.00 9.3% GASOLINE $3,400.00 $3,400.00 0% BOOKS,SU BSCRI PT,M EM B ERSH P $250.00 $250.00 0% OPERATING SUPPLIES $350.00 $350.00 0% INVESTIGATIONS $6,000.00 $6,000.00 0% RENTALS & LEASES $7,000.00 $7,000.00 0% REPAIR & MAINTENANCE $1,000.00 $1,000.00 0% OPERATING SUPPLIES $1,000.00 $1,000.00 0% CITY OF JAX CONTRACT $1,404,699.00 $1,419,172.00 1% UTILITIES $17,000.00 $17,000.00 0% CITY PROVIDED $4,000.00 $4,000.00 0% PROFESSIONAL SERVICES $12,000.00 $12,000.00 0% OTHER CONTRACTUAL SVC $3,500.00 $3,500.00 0% TRAVEL AND PER DIEM $3,000.00 $3,000.00 0% COMMUNICATIONS $13,700.00 $13,700.00 0% UTILITIES $1,000.00 $1,000.00 0% CITY PROVIDED $3,000.00 $3,000.00 0% REPAIR & MAINTENANCE $6,000.00 $6,000.00 0% FI RST VEHICLES/EQU IPMENT $4,000.00 $4,000.00 0% OPERATING SUPPLIES $15,150.00 $15,150.00 0% GASOLINE $4,600.00 $4,600.00 0% BOOK,SUBSCRI P,MEM BERSH IPS $350.00 $350.00 0% TRAINING $1,000.00 $1,000.00 0% Total Operating Expenses: $2,296,941.78 $2,421,676.30 5.4% Capital Outlay MACH I N ERY & EQU I PM ENT $179,000.00 $0.00 -100% MOTOR VEHICLES $120,000.00 $0.00 -100% BUILDINGS $562,500.00 $0.00 -100% MACHINERY & EQUIPMENT $4,000.00 $4,000.00 0% MOTOR VEHICLES $20,000.00 $0.00 -100% COMPUTER EQUIPMENT $7,500.00 $7,500.00 0% Total Capital Outlay: $893,000.00 $11,500.00 -98.7% Total General Fund: $8,367,199.14 $8,309,504.70 -0.7% City of Atlantic Beach 1 Budget Book 2025 Page 152 $2M $500K $0 Recreation and Cultural Arts Expenditures Summary $531,443 -$6,944 (-1.29%vs. prior year) Recreation and Cultural Arts Proposed and Historical Budget vs. Actual PPPPPP!Pb 9'ti�ti�2yskvo o hyo �ryo <ytio �ytio • Actual • Budgeted • Over Budget City of Atlantic Beach 1 Budget Book 2025 Page 153 2 1.5 0.5 Name General Fund Expenditures by Fund 2025 Expenditures by Fund General Fund (100%) Budgeted and Historical 2025 Expenditures by Fund 0 v N0 �' \6 ti0 ti� titi ti0 ti� tih -09 -Vo y�o y�o -,to -0o -.(°-00 -0o 41'9y�o Jtio -0° ,10 410 - 0 F F F F F F F F F F F F F F Q F City of Atlantic Beach 1 Budget Book 2025 • General Fund Grey background indicates budgeted figures. FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Page 154 Name FY2024 Budgeted FY2025 Budgeted FY2024 Budgeted vs. FY2025 Budgeted (% Change) Personnel Services SALARY $194,473.00 $184,276.80 -5.2% OVERTIME $7,000.00 $5,000.00 -28.6% SPECIAL PAY $5,000.00 $5,000.00 0% F.I.C.A. $14,877.19 $14,097.17 -5.2% BENEFIT GROUP -GEN ERAL $7,943.00 $0.00 -100% 401 GENL DEF CONTR MATCH $12,855.00 $12,855.00 0% UNFUNDED LIABILITY-GEPP $17,565.00 $17,565.00 0% HEALTH $15,605.00 $10,894.45 -30.2% LIFE $449.00 $516.35 15% WORKERS' COMPENSATION $5,000.00 $5,750.00 15% Total Personnel Services: $280,767.19 $255,954.77 -8.8% Operating Expenses PROFESSIONAL SERVICES $250.00 $200.00 -20% OTHER CONTRACTUAL SERVS. $44,000.00 $44,000.00 0% TRAVEL AND PER DIEM $500.00 $300.00 -40% COMMUNICATIONS $11,000.00 $11,000.00 0% FREIGHT,POSTAGE,EXPR MAIL $150.00 $150.00 0% UTILITIES $12,000.00 $12,000.00 0% CITY PROVIDED $9,000.00 $9,000.00 0% RENTALS AN D LEASES $11,000.00 $0.00 -100% REPAIR & MAINTENANCE $5,600.00 $11,368.00 103% FIRST VEH ICLES/EQU I PM ENT $6,000.00 $6,000.00 0% PRINTING AND PUBLISHING $3500.00 $5,000.00 42.9% CULTURAL ARTS $41,300.00 $62,300.00 50.8% OFFICE SUPPLIES $3,000.00 $1,625.00 -45.8% OPERATING SUPPLIES $24,100.00 $25,800.00 7.1% GASOLINE $1250.00 $500.00 -60% BOOK,SUBSCRIP,MEMBERSHIPS $470.00 $745.00 58.5% TRAINING $3,500.00 $4,500.00 28.6% Total Operating Expenses: $176,620.00 $194,488.00 10.1% Grants and Aids CULTURAL ARTS / SCHOOLS $6,000.00 $6,000.00 0% AIDS TO PRIVATE ORGANIZAT $75,000.00 $75,000.00 0% Total Grants and Aids: $81,000.00 $81,000.00 0% Total General Fund: $538,387.19 $531,442.77 -1.3% City of Atlantic Beach 1 Budget Book 2025 Page 155 CAPITAL IMPROVEMENTS City of Atlantic Beach 1 Budget Book 2025 Page 156 A10-year Capital Improvement Plan was updated during the preparation of the FY2025 budget. It is organized not only by the Commission's set priorities, but also includes the Master Park Plan. The plan is attached as a f le, as it is quite comprehensive. City of Atlantic Beach 1 Budget Book 2025 Page 157 During the preparation of the FY 2025 budget, the Public Utilities Director and the City Engineer updated the 10-year Capital Improvements Plan for both Water and Sewer Utilities. The plan is attached as a f le, as it is quite comprehensive. City of Atlantic Beach 1 Budget Book 2025 Page 158 DEBT City of Atlantic Beach 1 Budget Book 2025 Page 159 Government -wide Debt Overview 111 $2,087,523 -$8,372 (-0.40% vs. 2024 year) Debt Service Funds (5.7%) Debt by Fund Enterprise Funds (94.3%) Financial Summary All Funds Debt Service Funds Enterprise Funds Total All Funds: FY2022 Actual $123,133 $2,045,374 $2,168,507 FY2023 Actual $120,293 $1,974,214 $2,094,507 FY2024 Actual $122,364 $1,973,531 $2,095,895 FY2025 Actual $119,346 $1,968,176 $2,087,523 % Change - 2.5% - 0.3% -0.4% City of Atlantic Beach 1 Budget Book 2025 Page 160 Debt Service Funds Financial Summary Debt Service Funds Debt Service Fund Total Debt Service Funds: Enterprise Funds Financial Summary Enterprise Funds Water Fund Sewer Fund Storm Water Drainage Fund Total Enterprise Funds: illlllllllllllll J J J FY2022 FY2023 FY2024 FY2025 % Change Actual Actual Actual Actual $123,133 $120,293 $122,364 $119,346 -2.5% $123,133 $120,293 $122,364 $119,346 -2.5% FY2022 Actual $553,070 $1,267,823 $224,481 $2,045,374 I I I I I I I I pL�p`>p`", pL�o`l,°`prt) oti6 pL�oti0 pL�'o`b°p3�p09' �JL�Art °415)JAL�JrL�415)419.JAL -115415)419.41 -115 FY2023 FY2024 FY2025 % Change Actual Actual Actual $553,192 $553,012 $550,571 -0.4% $1,233,462 $1,233,132 $1,230,484 -0.2% $187,560 $187,386 $187,121 -0.1% $1,974,214 $1,973,531 $1,968,176 -0.3% City of Atlantic Beach 1 Budget Book 2025 Page 161 Debt Snapshot ii $2,087,523 -$8,372 (-0.40% vs. 2024 year) 2018 Bond Series - Selva Preserve (5.7%) Refunding Bond Series 2021 (25.3%) Debt by Type Financial Summary Debt 2018 Bond Series - Selva Preserve TD Bank - URB Series 2014 SRF Loan WW160700 SRF DW160710 Refunding Bond Series 2021 Vac -Con Truck Lease Total Debt: TD Bank - URB Series 2014 (69%) FY2022 FY2023 FY2024 FY2025 % Change Actual Actual Actual Actual $123,133 $120,293 $122,364 $119,346 -2.5% $1,443,412 $1,442772 $1,441,434 $1,439,396 -0.1% $0 $0 $0 $0 0% $0 $0 $0 $0 0% $528287 $531,442 $532,098 $528,780 -0.6% $73,675 $0 $0 $0 0% $2,168,507 $2,094,507 $2,095,895 $2,087,523 -0.4% City of Atlantic Beach 1 Budget Book 2025 Page 162 2018 Bond Series - Selva Preserve illlllllllllllll Financial Summary FY2022 FY2023 FY2024 FY2025 % Change 2018 Bond Series - Selva Preserve Actual Actual Actual Actual Principal $80,000 $80,000 $85,000 $85,000 0% Interest $43,133 $40,293 $37,364 $34,346 -8.1% Total 2018 Bond Series - Selva Preserve: $123,133 $120,293 $122,364 $119,346 -2.5% TD Bank - URB Series 2014 11111111 Financial Summary FY2022 FY2023 FY2024 FY2025 % Change TD Bank - URB Series 2014 Actual Actual Actual Actual Principal $1,300,000 $1,330,000 $1,360,000 $1,390,000 2.2% Interest October $79,278 $64,133 $48,639 $32,795 -32.6% Interest April $64,133 $48,639 $32,795 $16,601 -49.4% Total TD Bank - URB Series 2014: $1,443,412 $1,442,772 $1,441,434 $1,439,396 -0.1% - City of Atlantic Beach 1 Budget Book 2025 Page 163 Refunding Bond Series 2021 Financial Summary Refunding Bond Series 2021 Principal Interest Total Refunding Bond Series 2021: ti�ry� Aoryh �Ory6 rycjt, ti�� 2�ry �e ryo�'s o3(L Qy << c < X QJ cV QJ FY2022 FY2023 FY2024 FY2025 % Change Actual Actual Actual Actual $442,740 $452,934 $461,288 $465,804 1% $85,547 $78,509 $70,809 $62,976 -11.1% $528,287 $531,442 $532,098 $528,780 -0.6% - City of Atlantic Beach 1 Budget Book 2025 Page 164 APPENDIX City of Atlantic Beach 1 Budget Book 2025 Page 165 Glossary Abatement: A reduction or elimination of a real or personal property tax, motor vehicle excise, a fee, charge, or special assessment imposed by a governmental unit. Granted only on application of the person seeking the abatement and only by the committing governmental unit. Accounting System: The total structure of records and procedures that identify record, classify, and report information on the f nancial position and operations of a governmental unit or any of its funds, account groups, and organizational components. Accrued Interest: The amount of interest that has accumulated on the debt since the date of the last interest payment, and on the sale of a bond, the amount accrued up to but not including the date of delivery (settlement date). (See Interest) Amortization: The gradual repayment of an obligation over time and in accordance with a predetermined payment schedule. Appropriation: A legal authorization from the community's legislative body to expend money and incur obligations for specif c public purposes. An appropriation is usually limited in amount and as to the time period within which it may be expended. Arbitrage: As applied to municipal debt, the investment of tax-exempt bonds or note proceeds in higher yielding, taxable securities. Section 103 of the Internal Revenue Service (IRS) Code restricts this practice and requires (beyond certain limits) that earnings be rebated (paid) to the IRS. Assessed Valuation: A value assigned to real estate or other property by a government as the basis for levying taxes. Audit: An examination of a community's f nancial systems, procedures, and data by a certif ed public accountant (independent auditor), and a report on the fairness off nancial statements and on local compliance with statutes and regulations. The audit serves as a valuable management tool in evaluating the f scal performance of a community. Audit Report: Prepared by an independent auditor, an audit report includes: (a) a statement of the scope of the audit; (b) explanatory comments as to application of auditing procedures; (c) f ndings and opinions. It is almost always accompanied by a management letter which contains supplementary comments and recommendations. Available Funds: Balances in the various fund types that represent non-recurring revenue sources. As a matter of sound practice, they are frequently appropriated to meet unforeseen expenses, for capital expenditures or other one-time costs. Balance Sheet: A statement that discloses the assets, liabilities, reserves and equities of a fund or governmental unit at a specif ed date. Betterments (Special Assessments): Whenever a specif c area of a community receives beneft from a public improvement (e.g., water, sewer, sidewalk, etc.), special property taxes may be assessed to reimburse the governmental entity for all or part of the costs it incurred. Each parcel receiving benef t from the improvement is assessed for its proportionate share of the cost of such improvements. The proportionate share may be paid in full or the property owner may request that the assessors apportion the betterment over 20 years. Over the life of the betterment, one year's apportionment along with one year's committed interest computed from October 1 to October 1 is added to the tax bill until the betterment has been paid. Bond: A means to raise money through the issuance of debt. A bond issuer/borrower promises in writing to repay a specif ed sum of money, alternately referred to as face value, par value or bond principal, to the buyer of the bond on a specif ed future date (maturity date), together with periodic interest at a specif ed rate. The term of a bond is always greater than one year. (See Note) Bond and Interest Record: (Bond Register) -The permanent and complete record maintained by a treasurer for each bond issue. It shows the amount of interest and principal coming due each date and all other pertinent information concerning the bond issue. Bonds Authorized and Unissued: Balance of a bond authorization not yet sold. Upon completion or abandonment of a project, any remaining balance of authorized and unissued bonds may not be used for other purposes, but must be rescinded by the community's legislative body to be removed from community's books. Bond Issue: Generally, the sale of a certain number of bonds at one time by a governmental unit. f City of Atlantic Beach 1 Budget Book 2025 Page 166 Bond Rating (Municipal): A credit rating assigned to a municipality to help investors assess the future ability, legal obligation, and willingness of the municipality (bond issuer) to make timely debt service payments. Stated otherwise, a rating helps prospective investors determine the level of risk associated with a given f xed-income investment. Rating agencies, such as Moody's and Standard and Poors, use rating systems, which designate a letter or a combination of letters and numerals where AAA is the highest rating and Cl is a very low rating. Budget: A plan for allocating resources to support particular services, purposes and functions over a specif ed period of time. (See Performance Budget, Program Budget) Capital Assets: All real and tangible property used in the operation of government, which is not easily converted into cash, and has an initial useful live extending beyond a single f nancial reporting period. Capital assets include land and land improvements; infrastructure such as roads, bridges, water and sewer lines; easements; buildings and building improvements; vehicles, machinery and equipment. Communities typically def ne capital assets in terms of a minimum useful life and a minimum initial cost. (See Fixed Assets) Capital Budget: An appropriation or spending plan that uses borrowing or direct outlay for capital or f xed asset improvements. Among other information, a capital budget should identify the method off nancing each recommended expenditure, i.e., tax levy or rates, and identify those items that were not recommended. (See Capital Assets, Fixed Assets) Cash: Currency, coin, checks, postal and express money orders and bankers' drafts on hand or on deposit with an off cial or agent designated as custodian of cash and bank deposits. Cash Management: The process of monitoring the ebb and flow of money in an out of municipal accounts to ensure cash availability to pay bills and to facilitate decisions on the need for short- term borrowing and investment of idle cash. Certificate of Deposit (CD): A bank deposit evidenced by a negotiable or non-negotiable instrument, which provides on its face that the amount of such deposit plus a specif ed interest payable to a bearer or to any specif ed person on a certain specif ed date, at the expiration of a certain specif ed time, or upon notice in writing. Classification of Real Property: Assessors are required to classify all real property according to use into one of four classes: residential, open space, commercial, and industrial. Having classif ed its real properties, local off cials are permitted to determine locally, within limitations established by statute and the Commissioner of Revenue, what percentage of the tax burden is to be borne by each class of real property and by personal property owners. Collective Bargaining: The process of negotiating workers' wages, hours, benef ts, working conditions, etc., between an employer and some or all of its employees, who are represented by a recognized labor union. regarding wages, hours and working conditions. Consumer Price Index: The statistical measure of changes, if any, in the overall price level of consumer goods and services. The index is often called the "cost -of -living index." Cost -Benefit Analysis: A decision-making tool that allows a comparison of options based on the level of benef t derived and the cost to achieve the benef t from different alternatives. Debt Burden: The amount of debt carried by an issuer usually expressed as a measure of value (i.e., debt as a percentage of assessed value, debt per capita, etc.). Sometimes debt burden refers to debt service costs as a percentage of the total annual budget. Debt Service: The repayment cost, usually stated in annual terms and based on an amortization schedule, of the principal and interest on any particular bond issue. Encumbrance: A reservation of funds to cover obligations arising from purchase orders, contracts, or salary commitments that are chargeable to, but not yet paid from, a specif c appropriation account. Enterprise Funds: An enterprise fund is a separate accounting and f nancial reporting mechanism for municipal services for which a fee is charged in exchange for goods or services. It allows a community to demonstrate to the public the portion of total costs of a service that is recovered through user charges and the portion that is subsidized by the tax levy, if any. With an enterprise fund, all costs of service delivery --direct, indirect, and capital costs—are identif ed. This allows the community to recover total service costs through user fees if it chooses. Enterprise accounting also enables communities to reserve the City of Atlantic Beach 1 Budget Book 2025 Page 167 "surplus" or net assets unrestricted generated by the operation of the enterprise rather than closing it out to the general fund at year-end. Services that may be treated as enterprises include, but are not limited to, water, sewer, hospital, and airport services. Equalized Valuations (EQVs): The determination of the full and fair cash value of all property in the community that is subject to local taxation. Estimated Receipts: A term that typically refers to anticipated local revenues often based on the previous year's receipts and represent funding sources necessary to support a community's annual budget. (See Local Receipts) Exemptions: A discharge, established by statute, from the obligation to pay all or a portion of a property tax. The exemption is available to particular categories of property or persons upon the timely submission and approval of an application to the assessors. Properties exempt from taxation include hospitals, schools, houses of worship, and cultural institutions. Persons who may qualify for exemptions include disabled veterans, blind individuals, surviving spouses, and seniors. Expenditure: An outlay of money made by municipalities to provide the programs and services within their approved budget. Fiduciary Funds: Repository of money held by a municipality in a trustee capacity or as an agent for individuals, private organizations, other governmental units, and other funds. These include pension (and other employee benef t) trust funds, investment trust funds, private- purpose trust funds, and agency funds. Fixed Assets: Long-lived, assets such as buildings, equipment and land obtained or controlled as a result of past transactions or circumstances. Fixed Costs: Costs that are legally or contractually mandated such as retirement, FICA/Social Security, insurance, debt service costs or interest on loans. Float: The difference between the bank balance for a local government's account and its book balance at the end of the day. The primary factor creating float is clearing time on checks and deposits. Delays in receiving deposit and withdrawal information also influence float. Full Faith and Credit: A pledge of the general taxing powers for the payment of governmental obligations. Bonds carrying such pledges are usually referred to as general obligation or full faith and credit bonds. Fund: An accounting entity with a self -balancing set of accounts that are segregated for the purpose of carrying on identif ed activities or attaining certain objectives in accordance with specif c regulations, restrictions, or limitations. Fund Accounting: Organizing f nancial records into multiple, segregated locations for money. A fund is a distinct entity within the municipal government in which f nancial resources and activity (assets, liabilities, fund balances, revenues, and expenditures) are accounted for independently in accordance with specif c regulations, restrictions or limitations. Examples of funds include the general fund and enterprise funds. Communities whose accounting records are organized according to the Uniform Municipal Accounting System (UMAS) use multiple funds. GASB 34: A major pronouncement of the Governmental Accounting Standards Board that establishes new criteria on the form and content of governmental f nancial statements. GASB 34 requires a report on overall f nancial health, not just on individual funds. It requires more complete information on the cost of delivering value estimates on public infrastructure assets, such as bridges, road, sewers, etc. It also requires the presentation of a narrative statement the government's f nancial performance, trends and prospects for the future. GASB 45: This is another Governmental Accounting Standards Board major pronouncement that each public entity account for and report other postemployment benef is in its accounting statements. Through actuarial analysis, municipalities must identify the true costs of the OPEB earned by employees over their estimated years of actual service. General Fund: The fund used to account for most f nancial resources and activities governed by the normal appropriation process. General Obligation Bonds: Bonds issued by a municipality for purposes allowed by statute that are backed by the full faith and credit of its taxing authority. Governing Body: A board, committee, commission, or other executive or policymaking bodyof a municipality or school district. - City of Atlantic Beach 1 Budget Book 2025 Page 168 Indirect Cost: Costs of a service not reflected in the operating budget of the entity providing the service. An example of an indirect cost of providing water service would be the value of time spent by non -water department employees processing water bills. A determination of these costs is necessary to analyze the total cost of service delivery. The matter of indirect costs arises most often in the context of enterprise funds. Interest: Compensation paid or to be paid for the use of money, including amounts payable at periodic intervals or discounted at the time a loan is made. In the case of municipal bonds, interest payments accrue on a day-to-day basis, but are paid every six months. Interest Rate: The interest payable, expressed as a percentage of the principal available for use during a specif ed period of time. It is always expressed in annual terms. Investments: Securities and real estate held for the production of income in the form of interest, dividends, rentals or lease payments. The term does not include f xed assets used in governmental operations. Line Item Budget: A budget that separates spending into categories, or greater detail, such as supplies, equipment, maintenance, or salaries, as opposed to a program budget. Local Aid: Revenue allocated by the state or counties to municipalities and school districts. Maturity Date: The date that the principal of a bond becomes due and payable in full. Municipal(s): (As used in the bond trade) "Municipal" refers to any state or subordinate governmental unit. "Municipals" (i.e., municipal bonds) include not only the bonds of all political subdivisions, such as cities, towns, school districts, special districts, counties but also bonds of the state and agencies of the state. Note: A short-term loan, typically with a maturity date of a year or less. Objects of Expenditures: A classif cation of expenditures that is used for coding any department disbursement, such as "personal services," "expenses," or "capital outlay." Official Statement: A document prepared for potential investors that contains information about a prospective bond or note issue and the issuer. The off cial statement is typically published with the notice of sale. It is sometimes called an offering circular or prospectus. Operating Budget: A plan of proposed expenditures for personnel, supplies, and other expenses for the coming f scat year. Overlapping Debt: A community's proportionate share of the debt incurred by an overlapping government entity, such as a regional school district, regional transit authority, etc. Performance Budget: A budget that stresses output both in terms of economy and eff ciency. Principal: The face amount of a bond, exclusive of accrued interest. Program: A combination of activities to accomplish an end. Program Budget: A budget that relates expenditures to the programs they fund. The emphasis of a program budget is on output. Purchased Services: The cost of services that are provided by a vendor. Refunding of Debt: Transaction where one bond issue is redeemed and replaced by a new bond issue under conditions generally more favorable to the issuer. Reserve Fund: An amount set aside annually within the budget of a town to provide a funding source for extraordinary or unforeseen expenditures. Revaluation: The assessors of each community are responsible for developing a reasonable and realistic program to achieve the fair cash valuation of property in accordance with constitutional and statutory requirements. The nature and extent of that program will depend on the assessors' analysis and consideration of many factors, including, but not limited to, the status of City of Atlantic Beach 1 Budget Book 2025 Page 169 the existing valuation system, the results of an in-depth sales ratio study, and the accuracy of existing property record information. Revenue Anticipation Note (RAN): A short-term loan issued to be paid off by revenues, such as tax collections and state aid. RANs are full faith and credit obligations. Revenue Bond: A bond payable from and secured solely by specif c revenues and thereby not a full faith and credit obligation. Revolving Fund: Allows a community to raise revenues from a specif c service and use those revenues without appropriation to support the service. Sale of Real Estate Fund: A fund established to account for the proceeds of the sale of municipal real estate other than proceeds acquired through tax title foreclosure. Stabilization Fund: A fund designed to accumulate amounts for capital and other future spending purposes, although it may be appropriated for any lawful purpose. Surplus Revenue: The amount by which cash, accounts receivable, and other assets exceed liabilities and reserves. Tax Rate: The amount of property tax stated in terms of a unit of the municipal tax base; for example, $14.80 per $1,000 of assessed valuation of taxable real and personal property. Tax Title Foreclosure: The procedure initiated by a municipality to obtain legal title to real property already in tax title and on which property taxes are overdue. Trust Fund: In general, a fund for money donated or transferred to a municipality with specif c instructions on its use. As custodian of trust funds, the treasurer invests and expends such funds as stipulated by trust agreements, as directed by the commissioners of trust funds or by the community's legislative body. Both principal and interest may be used if the trust is established as an expendable trust. For nonexpendable trust funds, only interest (not principal) may be expended as directed. Uncollected Funds: Recently deposited checks included in an account's balance but drawn on other banks and not yet credited by the Federal Reserve Bank or local clearinghouse to the bank cashing the checks. (These funds may not be loaned or used as part of the bank's reserves and they are not available for disbursement.) Undesignated Fund Balance: Monies in the various government funds as of the end of the f scat year that are neither encumbered nor reserved, and are therefore available for expenditure once certif ed as part of free cash. Unreserved Fund Balance (Surplus Revenue Account): The amount by which cash, accounts receivable, and other assets exceed liabilities and restricted reserves. It is akin to a "stockholders' equity" account on a corporate balance sheet. It is not, however, available for appropriation in full because a portion of the assets listed as "accounts receivable" may be taxes receivable and uncollected. (See Free Cash) Valuation (100 Percent): The legal requirement that a community's assessed value on property must reflect its market, or full and fair cash value. t-- City of Atlantic Beach 1 Budget Book 2025 Page 170