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Annual Operating Budget 2017 Proposed- Van Liere 4 Annual Operating Budget 2017 Proposed Agenda August 15, 2016 Introduction Budget Policy Revenue Overview Expense Overview Public Works Public Utilities August 24, 2016 Commission and Administration General Government Recreation and Events Public Safety Building Planning and Zoning Other Topics 2 Introduction An Annual Operating Budget is one of the City’s most important work products that a City Manager is tasked with. This document gives the City Officials the authority to collect revenues and pay the expenses. It allocates the resources among departments in line with the Commission’s priorities and policies by setting limits on how much each department can spend. 3 Budget Policy The Budget Policy is a document adopted by the City Commission that sets the guidelines for a City Manager to propose a budget. This ensures that during the process the most important criteria are met in the construction of the budget. This creates the minimum expectations for the elected officials and the citizens. 4 Budget Highlights Current Level of Service Current Tax Rate Balanced 25% Operating Reserves All authorized positions funded 3% Merit Pay Increases subject to funding availability. Include a ten year projection of major funds Pension Trust Fund to be funded per Actuary Report Capital Items necessary for current service are included Capital items for increased service to be highlighted in Workshops 5 Total Revenues by Fund 2017 Proposed General Fund $12,420,170 Special Revenue Funds 1,614,739 Debt Service Funds 0 Capital Project Funds 326,100 Enterprise Funds 12,507,780 Trust Funds 4,051,426 Total Revenues $30,920,215 6 Revenue in Summary Property Taxes Millage the same at 3.3285 One tenth mill reduction possible. State Shared Revenues Estimate at $52,094 increase Utility Rates No Water / Sewer Rate Increase Sanitation Rates No Garbage Rate Increase Storm Water Fees No Increase Permit Fees No Permit Fee Increase User Fees No Increase Grants As awarded 7 Total Expenditures by Fund General Fund $12,276,885 Special Revenue Funds 2,141,100 Debt Service Funds 0 Capital Project Funds 385,000 Enterprise Funds 14,744,173 Trust Funds 1,959,409 Total Expenses $31,506,567 8 Resource Allocation Personnel Services $10,437,834 Operating Expenses 11,740,798 Capital Outlay 5,344,300 Debt Service 2,008,190 Transfers 1,975,445 Total Expenses $31,506,567 9 Personnel Services Summary Total increase in payroll budget over last year is $239,333 An increase of 2 Police Officers with benefits at $119,160 Raises of 3% merit with a 1% C.O.L.A. adjustment to the pay plan estimated at $189,864 or $63,288 per 1%. Without the two additional positions, we would have a $120,173 increase in total payroll including the raises, but off-set by other changes in personnel. Defined Benefit Pension cost is up $79,274 Defined Contribution has partial participation and we estimate that the City’s match is about $82,917. This is down $8,854 from last year’s budget. 10 Pension Contributions Defined Contribution General Police Total 2016 Current Year $91,771 $1,112,344 $729,483 $1,933,598 2017 Budget $82,917 $1,175,572 $745,533 $2,004,022 Increase <$8,854> $63,228 $16,050 $70,424 11 Operating Costs Contractual Increase in the Fire / Rescue contract of 3% or $32,957 to $1,131,511. Sanitation contract was renegotiated to include tipping fees so that the cost to the customers would remain the same for 2016. Cost have remained lower due to low fuel charges at an estimated $1,409,800. Maintenance Costs for the Fleet estimated to decrease $23,139 to about $281,290. Various point repair contractors are used for pipe, concrete lawn maintenance and electrical work. These in total are relatively the same as 2016. Included in this category are attorney fees at $155,000. 12 Capital Improvements Seminole Road Project $1,600,000 Aquatic Gardens Stormwater improvements $250,000 Saltair Stormwater Improvements $250,000 W. Plaza & Carnation Stormwater $135,000 Tideviews Park Pond Improvements $100,000 Sidewalk and Street Improvements $100,000 Russell Park Tennis Court $125,000 Playground Equipment Replacements $82,000 Covered storage for equipment $75,000 Water System Improvements $595,000 Sewer System Improvements $966,200 13 Equipment Purchases IT - File Servers, Radios, Copier Machine, Fiber $98,000 Patrol - Vehicles (3) - Equipped $145,500 Animal Control Truck $25,000 Jet Ski sled and Polaris $18,000 Parks and Recreation - Truck $25,000 Polaris $22,000 Public Works Computer and Garage Equipment $8,000 Dump Truck Replacement $80,000 Track Skid Steer $60,000 Striping Machine $6,000 Kabota Tractor $50,000 Public Utilities Mini Excavator $60,000 Roll Off Truck Replacement $150,000 Building Department - Vehicle $20,000 Building Department Computers $4,000 14 15 City of Atlantic Beach Schedule of Available Cash Balances Major Funds FY-2017 FY-2017 Utility Rate Reserve for Utility Total Remaining Projected 25% Operating Stabilization Customer In Trust or Renewal and Debt Service Restricted Available Ending Balance Reserve Fund Deposits Designated Replacement Reserve Cash Cash General Fund 6,540,415 2,924,096 2,924,096 3,616,319 Convention Development Tax 203,829 - 203,829 Gas Tax 116,773 - 116,773 1/2 Cent Sales Tax 147,926 - 147,926 Building Department 489,248 108,480 108,480 380,768 Public Utilities 5,000,963 1,043,793 400,000 596,764 225,000 1,017,098 3,282,655 1,718,308 Storm Water Utility 625,919 184,112 188,026 372,138 253,781 Sanitation 458,964 400,505 400,505 58,460 Debt Service - - - - Miscellaneous funds 203,404 102,423 102,423 100,981 Pension Trust Funds 27,804,712 27,804,712 27,804,712 - Totals 41,592,154 4,660,986 400,000 596,764 27,907,135 225,000 1,205,124 34,995,009 6,597,145 General Fund Revenue Diversification 16 38.40% 7.11% 14.85% 10.71% 0.57% 18.69% 0.86% 8.82% Total 2017 General Fund Revenues Ad Valorem Taxes Licenses and Permits Intergovernmental Interfund Transfers Fines and Forfeitures Charges for Services Miscellaneous Utility, & Business Taxes 1,349 1,482 1,412 1,360 1,318 1,252 1,199 1,207 1,276 1,369 696 820 684 568 434 315 249 232 389 498 81 81 81 82 80 80 81 81 89 88 93 93 88 88 87 86 87 86 47 50 60 63 56 54 56 56 60 64 $2,183 $2,443 $2,332 $2,168 $1,980 $1,793 $1,674 $1,663 $1,896 $2,100 - 500 1,000 1,500 2,000 2,500 3,000 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Mi l l i o n s City of Atlantic Beach Ad Valorem Assessment Rolls Exemptions Homestead Exemption Homestead Exemption II Homestead Exemption for Elderly Save Our Homes Cap Value Taxable Value Just Value 17 18 18.5644 18.6022 18.7737 19.0684 19.9537 17.5000 18.0000 18.5000 19.0000 19.5000 20.0000 20.5000 Jacksonville Atlantic Beach Neptune Beach Jax Beach Town of Baldwin CITY OF ATLANTIC BEACH 2016 Total Proposed Millages 19 School Board 36.57% Duval County 43.82% Water Management District. 2.57% Atlantic Beach 17.89% Florida Inland Navigation 0.17% CITY OF ATLANTIC BEACH Office of the Property Appraiser Proposed 2016 Millages General Fund Expense Distribution 20 22.02% 1.52% 4.48% 48.17% 13.35% 10.46% Total 2017 General Fund Expenses City Administration Planning and Development General Government Public Safety Public Works Parks and Recreation 21 0 2 4 6 8 10 12 14 16 18 Do l l a r s Mi l l i o n s General Fund Personnel Services Operating Capital Transfers Revenues