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9-6-17 Handout and Presentation- Budget Workshop ATLANTIC BEACH - / Fiscal Year 2018 Budget Workshop #4a September 6, 2017 i�s i'• r ' Budget Budget 2016-2017 2017-2018 Duff -oil >r Taxes 5,720,806 6,054,583 333,777 Licenses and Permits 883,630 932,333 48,703 Intergovernmental Revenues 1,844,120 1,970,840 126,720 Charges for Services 2,320,846 2,351,137 30,291 Fines and Forfeitures 70,304 124,926 54,622 Miscellaneous 106,734 189,389 82,655 Interfund Transfers 1,330,445 1,135,245 (195,204) Total General Fund Revenue 12,276,885 12,758,453 481,568 City Administration 2,703,710 2,870,747 167,037 Community Development 186,210 326,715 140,505 General Government 580,178 845,407 265,229 Public Safety 5,914,091 6,091,856 177,765 Public Works 1,675,189 1,616,706 (58,483) Parks, Recreation & Beautification 1,297,406 1,404,703 107,297 Total General Fund Expenditures 12,356,784 13,156,134 799,350 Surplus/(Deficit) (79,899) (397,681) (317,782) ATLANTIC BEACH Reserve Reconciliation $ (397,681) Negative Variance in the General Fund 95,000 Legal Fees for Extraordinary Items 203,000 Transfer to Capital Project Fund - ERP 100,000 Transfer to Capital Project Fund - CH Remodel $ 319 Reconciled Positive I (Negative) Variance L 1P;- J�' . ,7, y '` AT L AN T I C BEACH J .) , ,'J,, c),.- FY17 FY18 Change Deputy City Manager $ 109,663 $ 109,663 Planning Director 84,419 84,419 Receptionist 16,823 16,823 Planning PT 27,500 27,500 Legal 155,000 250,000 95,000 Police Pension 745,533 728,754 (16,779) GEPP Plan 1,175,572 1,332,118 156,546 W/C 148,019 156,416 8,397 Raises (includes 6.5% for Sworn) 296,219 296,219 Miscellaneous net increases 21,562 21,562 Budget Increase $ 2,224,124 $ 3,023,474 $ 799,350 ATLANTIC BEACH RoadwayImprovements $ 350,000 Resurfacing - Gas Tax Fund 80,000 Resurfacing - Half Cent Sales Tax Fund 22,000 Asphalt Repair (General Fund and Stormwater) 20,000 Concrete Repair (General Fund) 150,000 Sidewalk Improvements — Royal Palms (Reserves) 100,000 Streetscaping & Beautification W Mayport (Reserves) $ 722,000 Reconciled Positive / (Negative) Variance Y3r . ATLANTIC BEACH !J d ~ Reserve Reconciliation $ (647,681) Negative Variance in the General Fund 100,000 Streetscaping and Beautification on or west of Mayport Road 150,000 Sidewalk Improvements — Royal Palms (Reserves) 95,000 Legal Fees for Extraordinary Items 203,000 Transfer to Capital Project Fund - ERP 100,000 Transfer to Capital Project Fund - CH Remodel $ 319 Reconciled Positive / (Negative) Variance : ATLANTIC BEACH J ,_r _ . ,•,t.2. .. Half Cent Discretionary Sales Tax Fund • This fund is restricted to capital projects that are similar in nature to the Better Jacksonville Plan • Transportation • Environment / Quality of life • Targeted Economic Development • Public Facilities • In FY18, we have budgeted renovations to Russell Park ($168K), Jordan Park ($100K) and Veterans Park ($65,000). • $25,000 in funding to assist residents transition from septic to sewer. • The fund has a remaining fund balance of $508,209 S�1,yr ATLANTIC BEACH Convention Development Tax Fund • The City of Atlantic Beach, through Resolution 91-5, has authorized these funds to be used to acquire and develop municipal parks, lifeguard stations, and/ or athletic fields. Contributions to promote tourism in the beaches communities is also an approved use of these funds. • In FY18, we have budgeted : • Spray Park $250,000 • Lifeguard Station Development $90,000 • Beach Walkovers and Signage $70,000 • The fund has a remaining fund balance of $10,629 ~ ` # � ATLANTIC BEACH . " Local Option Gas Tax Fund • Usages: Capital outlay and maintenance for local roads and drainage systems. • In FY 18 this fund has $200,000 budgeted for paving, $150,000 for Street and Sidewalk Improvements. Additionally there is a transfer to the general fund of $232,000. • The fund has a remaining fund balance of $15,515 .11..A1.77., 1,(C. . ..:,_ ATLANTIC BEACH '-'\‘;,,,_______ Assessed Property Value Exemptions Taxable Value Millage Rate Amount Atlantic Beach $ 200,000 $ 50,000 $ 150,000 3.22850 $ 484.28 Jacksonville 200,000 50,000 150,000 8.15120 1,222.68 Public Schools: By State Law 200,000 25,000 175,000 4.55400 796.95 By Local Board 200,000 25,000 175,000 2.24800 393.40 FL Inland Navigation Dist. 200,000 50,000 150,000 0.03200 4.80 Water Mgmt Dist. SJRWMD 200,000 50,000 150,000 0.28850 43.28 Gen Gov Voted 200,000 50,000 150,000 School Board Voted 18.50220 $ 2,945.38 Atlantic Beach (1/10th of Mil reduction) $ 200,000 $ 50,000 $ 150,000 3.12850 $ 469.28 1/10th of a Mil Reduction $ 15.00 1/10th of a Mil equals $ 150, 673 to the General Fund t LAPJY ,,., _, ATLANTIC BEACH ,:,, z -,,,,,,,, ______ CITY OF ATLANTIC BEACH 2017 Total Millages 20.0000 19.8000 19.7289 19.6000 19.4000 19.2000 19.0684 19.0000 18.8000 18.6393 18.5644 11 18.6000 18.5022 18.4000 III 18.2000 18.0000 17.8000 Jacksonville Atlantic Beach Neptune Beach Jax Beach Town of Baldwin r;r 1+ , ATLANTIC BEACH j. �JR )r Salary Lapse • In the past 5 years the General Fund has returned $ 1,500,422 to reserves. This is an average of $300,084 per year. • 1/10th of a mil equals $150,673 • A conservative salary lapse for the general fund equals $ 147,000 r , ATLANTIC BEACH 7 Matthew Reimbursement Recap Category Amount A - Debris Removal $ 383,195 B - Emergency Protective Measures 29,381 G - Parks, Recreational Areas, and Other Facilities 65,125 Total $ 477,701