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City Budget and Finances Proposed 2013 Budget

City Budget and Finances Proposed 2013 Budget. City Council Presentation September 5, 2012. BUDGET PROCESS. April Departments begin line item budgets and projections Departments submit new program, personnel and Fleet requests to Finance Departments submit technology requests to IT&C May

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City Budget and Finances Proposed 2013 Budget

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  1. City Budget and FinancesProposed 2013 Budget City Council Presentation September 5, 2012

  2. BUDGET PROCESS • April • Departments begin line item budgets and projections • Departments submit new program, personnel and Fleet requests to Finance • Departments submit technology requests to IT&C • May • Current fiscal year budget to actual report prepared for City Council • Revenue estimates prepared by Finance Department • Capital improvement plan draft created • Departments finalize line item budget requests

  3. BUDGET PROCESS • June • Finance prepares projections for personnel, administrative allocations, insurance, and Fleet maintenance • Full preliminary budget submitted to City Manager • City Manager meets with Departments to discuss needs, requests, and capital improvements • Budget primer and current fiscal year update presented to City Council

  4. BUDGET PROCESS • July • General Fund and maximum millage rate workshops with City Council • Establish proposed Millage Rate (TRIM Rate) • Finance prepares various State required TRIM compliance forms • City Council workshops on proprietary funds • August • TRIM notices issued by the County • City Council budget workshops on remaining funds • Final full budget presentation made to City Council

  5. 2013 MILLAGE RATE

  6. Total City Revenues Fiscal Year 2012

  7. Millage Rate History

  8. MILLAGE RATE OPTIONS

  9. 2012 MILLAGE RATES • Survey of Cities between 60K-90K Population • 18 Cities with Millage • Lowest Rate 3.150 Boca Raton • Second Lowest 3.990 Palm Coast • Third Lowest 4.5594 Largo • Highest 8.990 West Park

  10. 2013 Proposed Millage Rate • Taxable Value: $3,643,318,287 • Decrease of 6.4% • Proposed Millage Rate: 4.2958 • Rolled Back Rate • Proposed Operating Millage Rate: 4.1503 • City Council Policy Maximum: 4.1696

  11. Services Provided through Property Taxes Fiscal Year 2012

  12. Personnel

  13. City-Wide Personnel

  14. Personnel per 1,000 Population

  15. General Fund

  16. General Fund

  17. Proprietary FundsRevenues and Expenditures

  18. Solid Waste Fund

  19. Golf Course Fund

  20. Tennis Center Fund

  21. Information Technology & Communications Fund

  22. Building Permits & Inspections Fund

  23. Utility Fund

  24. Stormwater Fund

  25. Capital Improvement Program

  26. Streets Improvement Fund

  27. Park Impact Fee Fund

  28. Fire Impact Fee Fund

  29. Transportation Impact Fee Fund

  30. Dev. Special Projects Fund

  31. SR100 CRA Fund

  32. Capital Projects Fund

  33. Utility Capital Projects Fund

  34. Special Revenue Funds

  35. CDBG Fund

  36. Police EducationFund

  37. Police AutomationFund

  38. Disaster ReserveFund

  39. Recycling Revenue Fund

  40. CDBG NSP 1Fund

  41. CDBG NSP 3Fund

  42. OKR Special Assessment Fund

  43. CDBG BAC Fund

  44. Internal Service Funds

  45. CDBG Health Insurance Fund

  46. CDBG Fleet Fund

  47. 2013 SUMMARY

  48. City of Palm Coast Budget (1 of 2)

  49. City of Palm Coast Budget (2 of 2)

  50. NEXT STEP • Second budget hearing date: Wednesday, September 19 at 5:05pm in the Community Center.

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