final 2011-2012 budget city council public hearing september 27, 2011
TRANSCRIPT
FINAL 2011-2012 BUDGET CITY COUNCIL
PUBLIC HEARINGSEPTEMBER 27, 2011
• Part I – Regulations and Terminology May 17, 2011
• Part II – Revenues June 7, 2011
• Part III – Fund Descriptions June 21, 2011
• Part IV – Prior Year Budget Reductions July 5, 2011
• Part V – General Fund Workshop July 12, 2011
• Part VI – General Fund, Capital Projects, Stormwater Workshop July 26, 2011
• Part VII – Set Proposed Millage Rate August 2, 2011
• Part VIII – Proprietary, Special Revenue, and Capital Project Funds August 9, 2011
• Part IX – Proposed Budget August 23, 2011
Schedule
Budget Schedule
• September 14 – First public hearing and adoption of the tentative 2012 millage rate and budget
• September 27 – Final public hearing and adoption of the final 2012 millage rate and budget
OVERVIEW
City Council Adopts
• Millage Rate
• Fund Appropriations
• Estimated Revenues
Budget Goals and Proposals
• Shift revenue from Streets Improvement Fund to the Stormwater Fund
• Diversify Stormwater funding• Reestablish millage rate for capital projects
(Stormwater)• Lower millage rate from the proposed millage
rate• Cut additional expenditures supported by
property tax without major impact on services• No new taxes
MILLAGE RATE
Fiscal Year Property ValueOperating
Millage Capital Millage Total MillageAd Valorem
Receipts
2001 $ 1,594,214,203 3.1500 - 3.15000 $ 4,882,939
2002 1,773,378,865 3.1500 0.3500 3.50000 5,981,827
2003 1,983,740,628 3.0500 0.3500 3.40000 6,539,567
2004 2,404,239,111 3.0500 0.3500 3.40000 7,855,523
2005 3,107,581,090 2.9000 0.5000 3.40000 10,207,899
2006 4,444,854,928 2.4000 1.0000 3.40000 14,632,296
2007 6,239,994,489 2.5000 0.7500 3.25000 19,603,806
2008 7,009,877,421 2.2123 0.7500 2.96234 20,184,340
2009 6,131,965,169 2.6123 0.3500 2.9623 17,602,781
2010 5,246,998,187 3.1500 0.3500 3.5000 17,828,406
2011 4,463,085,550 3.5000 - 3.5000 15,048,300
2012 3,893,483,150 3.5400 0.4500 3.9900 15,000,700
Change 2007-2012 (2,346,511,339) 1.0400 (0.3000) 0.7400 (4,603,106)
Percentage Change -37.6% 41.6% -40.0% 22.8% -23.5%
Millage Rate History
• 2007-08 - $1,430,107• 2008-09 - $3,423,342• 2009-10 - $ 122,686• 2010-11 - $2,969,115• 2011-12 - $ 251,800• 5-Year Decrease - $8,197,050
Impact onExisting Taxpayers
2012 MILLAGE RATE OPTIONS• Current Rate 3.5000• Revenue Policy Operating Rate 3.9013• Tentative Rate 3.9900• Proposed TRIM Rate 4.0000• Flat Property Tax Revenue Rate 4.0137• Proposed Budget Rate 4.0552• Rollback Rate 4.0552• Majority Vote Rate 5.7636
STAFFING
STAFFING 2006-07 2010-11 2011-121-Yr
Change
5-Yr Total
Change
GENERAL FUND 228.4 216.48 209.66 -6.82 -18.74
ENTERPRISE FUNDS 184 179.65 176.15 -3.5 -7.85
TOTALS 412.4 396.13 385.81 -10.32 -26.59
GENERAL FUND
Budget Comparison
Budget Budget Change Percentage2011 2012 2011-2012 Change
Property Taxes 15,039,800 13,314,600 (1,725,200) -11.5%Other Revenue 11,356,889 12,447,400 1,090,511 9.6% Total Revenues 26,396,689 25,762,000 (634,689) -2.4%
Expenditures 26,396,689 25,762,000 (634,689) -2.4%Difference - - -
TOTAL GENERAL FUND EXPENDITURES
Original ProposedActual Actual Budget Estimated Budget
CATEGORY FY 09 FY 10 FY 11 FY 11 FY 12Personal Services 16,800,187$ 15,280,804$ 14,073,493$ 13,936,200$ 13,766,556$ Operating Expenses 11,928,124 10,451,965 11,298,273 11,243,197 11,137,082 Capital Outlay 298,267 101,891 40,500 14,700 33,000 Debt Service 39,480 39,480 - - - Grants & Aide 219,500 220,379 269,300 288,925 187,000 Transfers to Other Funds 505,554 6,587,620 610,016 630,016 614,974 Contingency - - 105,107 35,991 23,388
TOTAL 29,791,112$ 32,682,139$ 26,396,689$ 26,149,029$ 25,762,000$
ENTERPRISE FUNDS
UTILITY EXPENDITURES
Original ProposedActual Actual Budget Estimated Budget
CATEGORY FY 09 FY 10 FY 11 FY 11 FY 12Personal Services 7,142,330$ 7,134,787$ 6,927,811$ 6,941,900$ 6,952,289$ Operating Expenses 18,076,676 18,454,084 9,509,818 8,827,671 8,917,426 Capital Outlay 1 - 539,785 490,785 475,952 Debt Service 7,721,192 6,971,542 11,580,486 11,482,984 11,338,656 Grants & Aide 10,000 10,000 10,000 10,000 10,000 Transfers to Other Funds 2,143,952 3,683,653 2,277,350 2,198,350 2,252,991 Contingency - - 500,000 200,010 213,181
TOTAL 35,094,151$ 36,254,066$ 31,345,250$ 30,151,700$ 30,160,495$
Utility Capital Projects Fund 1 of 2
FY 12 FY13 FY 14 FY 15 FY 16
Wellfield & Wells $1,750,000 $750,000 $1,200,000 $200,000 $200,000
Water Mains $50,000
Distribution System Improvement $75,000 $75,000 $75,000 $75,000
Water Treatment Plant #1 $20,000 $250,000 $250,000
Water Treatment Plant #2 $1,980,000 $6,000,000
Water Treatment Plant #3 $250,000 $50,000
Utility Land Acquisition
General Plant R&R Water $300,000 $250,000 $250,000 $250,000 $250,000
Misc Utility Services $26,000 $49,000 $14,000 $44,000 $14,000
Wastewater Treatment Plant #1 $50,000 $3,500,000 $3,000,000
Wastewater Treatment Plant #3
Utility Capital Projects Fund
2 of 2 FY 12 FY13 FY 14 FY 15 FY 16
Lift Stations & Pump Stations $850,000 $1,005,000 $1,805,000 $655,000 $155,000
Force Mains $150,000 $200,000 $500,000
Reclaimed Water $600,000 $1,700,000
PEP System $200,000 $300,000 $350,000 $350,000 $350,000
Wastewater Treatment Plant #2 $6,910,000 $12,630,000 $1,000,000
General Plant R&R Wastewater $350,000 $250,000 $250,000 $250,000 $250,000
Beachside Sewer System $1,950,000 $1,500,000
Coquina Coast Sea Water Desalination
STORMWATER MANAGEMENT EXPENDITURES
Original ProposedActual Actual Budget Estimated Budget
CATEGORY FY 09 FY 10 FY 11 FY 11 FY 12Personal Services 1,141,806$ 1,145,048$ 1,901,382$ 1,770,700$ 1,650,432$ Operating Expenses 2,465,372 3,008,623 1,647,513 1,522,429 1,572,976 Capital Outlay - - 2,816,711 2,149,575 2,681,200 Debt Service (16,879) 185,901 697,759 465,627 1,502,302 Grants & Aide - - - - - Transfers to Other Funds 489,682 391,450 44,000 44,000 68,000 Contingency - - 270,835 608,869 -
TOTAL 4,079,981$ 4,731,022$ 7,378,200$ 6,561,200$ 7,474,910$
STORMWATER UTILITY
CAPITAL PROJECTS FUND
FY 12 FY13 FY 14 FY 15 FY 16
Swale Rehabilitation Program $525,600 $551,900 $579,500 $608,500 $638,900
Valley Gutter Improvements $75,000 $78,000 $81,100 $84,300 $87,700
Pipe Replacement $1,710,000 $1,795,500 $1,885,300 $1,979,600 $2,078,600
Control Structure Rehab $355,600 $506,000 $517,000 $528,000 $539,000
CAPITAL FUNDS
Streets Improvement Fund FY 12 FY13 FY 14 FY 15 FY 16
Street Paving and Resurfacing $726,400 $2,098,300 $2,203,200 $2,313,400 $2,429,000
Royal Palms Parkway Phase III
$200,000 $600,000 $300,000
Intersection/Turn Lane Improvements
$50,000 $50,000 $350,000 $50,000 $350,000
Traffic Signals $470,000 $270,000
Palm Harbor Extension $300,000 $1,100,000
Palm Coast Parkway6-Laning
$1,625,000 $9,025,000
Old Kings Road Extension $1,350,000 $1,600,000 $5,000,000 $5,000,000
North Old Kings Road 4-Laning
$2,000,000 $50,000 $7,300,000 $7,600,000
North Pine Lakes Parkway Improvements
$2,200,000
Whiteview ParkwayShoulders
Bridge Rehabilitation $1,050,000 $150,000 $300,000 $850,000 $1,000,000
Capital Projects Fund
FY 12 FY13 FY 14 FY 15 FY 16
Fire Station #22 Replacement
$1,000,000 $1,400,000
Holland Park Renovation $20,000 $1,470,000 $1,400,000
Indian Trails Sports Complex
$430,000
Sidewalks and Bike Paths $4,695,000 $200,000 $2,000,000 $700,000
Parkway Beautification $200,000 $200,000 $200,000 $200,000 $200,000
Longs Landing $425,000
Park Renovation $75,000 $75,000 $75,000 $75,000 $75,000
City Hall
Training and SafetyFacility
SUMMARY
City of Palm Coast Budget (1 of 3)General Fund $ 25,762,000
Special Revenue Funds
Police Education Fund 22,800
Police Automation Fund 294,500
Disaster Reserve Fund 2,231,500
Recycling Revenue Fund 310,200
Streets Improvement Fund 12,461,600
Park Impact Fee Fund 793,100
Fire Impact Fee Fund 189,600
Development Special Projects Fund 1,548,000
Transportation Impact Fee Fund 962,800
Neighborhood Stabilization Fund 1,583,700
SR100 Community Redevelopment Fund 3,024,074
OKR Special Assessment Fund 261,308
City of Palm Coast Budget (2 of 3)Capital Projects Fund 6,698,700
Enterprise Funds Utility Fund 30,160,495
Utility Capital Projects Fund 5,704,941
Solid Waste Fund 7,605,000
Stormwater Management Fund 7,474,910
Building Permits & Inspections Fund 1,507,334
Golf Course Fund 1,668,100
Tennis Center Fund 305,800
Information Technology & Communications Fund 2,906,036
Internal Service Funds
Health Insurance Fund 3,155,000
Fleet Management Fund 3,785,996
City of Palm Coast Budget (3 of 3)
Sub-Total Budget 2011-12 $120,417,494
Less: Interfund Transfers and Charges $14,420,661
Total Budget 2011-12 $105,996,833
2010-11 Comparison $175,887,646
“When you come to a fork in the road....Take it.”
Lawrence Peter "Yogi" Berra
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