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City Council Presentation Final Proposed Budget Fiscal year 2015 Tuesday, August 26 th 2014

City Council Presentation Final Proposed Budget Fiscal year 2015 Tuesday, August 26 th 2014. Christopher M. Quinn , MACC, CPA, CFE, CGFO, CGMA Finance Director Lina Williams Budget & Financial Analyst. Budget Preparation Timeline. January First Quarter Review February

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City Council Presentation Final Proposed Budget Fiscal year 2015 Tuesday, August 26 th 2014

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  1. City Council Presentation Final Proposed Budget Fiscal year 2015 Tuesday, August 26th 2014 Christopher M. Quinn, MACC, CPA, CFE, CGFO, CGMA Finance Director Lina Williams Budget & Financial Analyst

  2. Budget Preparation Timeline • January • First Quarter Review • February • Financial Audit • March • Presentation of Annual Progress Report and Citizen Survey Results • Revise 10 Year Infrastructure Plan • April • Presentation of the Year to Date Budget • Second Quarter Review • Budget Input Begins for Departments • May • Annual Update of the Strategic Action Plan • Fund Accounting Presentation • Long Term Financial Planning Presentation • June • Revenue Source Presentation • Property Tax Presentation

  3. Budget Preparation Timeline • July • General Fund Budget Workshop • Adopt Proposed Maximum Millage Rate • Proprietary Funds Budget Workshop • Third Quarter Review • August • Special Revenue & Capital Fund Budget Workshop • Final Proposed Budget Presentation • September • Public Hearing to Tentatively Adopt Millage Rate & Budget • Public Hearing to Adopt Final Millage Rate & Budget

  4. Total City Revenues Fiscal Year 2014

  5. Services Provided through Property TaxesFiscal Year 2014 $15.2 Million Ad Valorem Taxes

  6. Fiscal year 2015 Millage Rate

  7. Millage Rate History FY 2015 Taxable Value $3,895,717,814 * Percentage Change FY 2014-2015 5.57%

  8. Millage Rate Options

  9. 2014 Millage Rates • Survey of Cities between 60K-90K Population • 18 Cities with Millage

  10. 2015 Maximum Millage Rate Proposal

  11. Personnel

  12. City-Wide Personnel

  13. Personnel per 1,000 Population

  14. General Fund

  15. General Fund Totals Revenues overall are tracking on budget for FY 14

  16. Proprietary funds

  17. Solid Waste Fund

  18. Golf Course Fund

  19. Tennis Center Fund

  20. Information Technology Fund

  21. Building Permits Fund

  22. Utility Fund

  23. Utility Fund Water Operations Summary

  24. Stormwater Fund

  25. Special Revenue Funds

  26. CDBG Grant Fund

  27. Police Education Fund FY 2015 request will cover the cost of tuition and lodging for advanced and specialized training which includes Strategies in Sex Assault Investigation, Advanced Crime Scene Response and Investigation, Advanced Narcotics Identification and Detection, Tactical Narcotics Technician training, Specialized Criminal Intelligence, Crime Prevention, Firearms, Defensive Tactics and more.

  28. Police Automation Fund 2014 Expenditures: Lapel cameras for officers ($76,500) *2015 Changes: Flagler County is now retaining revenue for use towards the county-wide emergency communication system

  29. Disaster Reserve Fund Disaster Reserve Fund Balance Policy The Disaster Reserve can be used to address unanticipated expenditures arising out of a hurricane, tornado, other major weather related events, and/or other massive infrastructure failures or other disasters, whether man-made or caused by nature, using emergency procedures as provided for in the City's Purchasing Policy.

  30. Special Events Fund

  31. NSP 1 Grant Fund

  32. NSP 3 Grant Fund

  33. OKR Special Assessment Fund

  34. OKR Special Assessment FundCapital Improvement Plan

  35. BAC Fund

  36. Internal Services Funds

  37. Health Insurance Fund

  38. Fleet Fund

  39. Fleet FundCapital Improvement Plan

  40. Capital Improvement Program

  41. Utility Capital Improvements Fund *Items in blue at least partially funded by grant

  42. Utility Capital Improvements Fund *Items in blue at least partially funded by grant

  43. Stormwater FundCapital Improvement Program2014 Budget vs. Estimated

  44. Stormwater FundCapital Improvement Program

  45. Streets Improvement Fund *Items in blue funded by grants

  46. Streets Improvement Fund *Items in blue at least partially funded by grants

  47. Recreation Impact Fee Fund

  48. Fire Impact Fee Fund

  49. Development Special Projects Fund

  50. Transportation Impact Fee Fund

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