10. 2015 Increases in Revenues2015 Increases in Revenues0 5 c eases eve ues0 5 c eases eve ues
Amount to be raised by TaxationAmount to be raised by Taxation-- CityCity $1,101,635$1,101,635
Fund BalanceFund Balance $464,000$464,000
Misc. Revenues AnticipatedMisc. Revenues Anticipated $288,960$288,960
A t t b i d b T tiA t t b i d b T ti LibLib $20 877$20 877Amount to be raised by TaxationAmount to be raised by Taxation-- LibraryLibrary $20,877$20,877
State AidState Aid $0.00$0.00
Receipts from Delinquent TaxesReceipts from Delinquent Taxes $0.00$0.00Receipts from Delinquent TaxesReceipts from Delinquent Taxes $0.00$0.00
TOTAL BUDGET INCREASETOTAL BUDGET INCREASE $1,875,472$1,875,472
11. History of Fund BalanceHistory of Fund BalanceHistory of Fund BalanceHistory of Fund Balance
20062006 20072007 20082008 20092009 20102010
Balance 1/1/FYBalance 1/1/FY 4,732,4414,732,441 5,481,8155,481,815 5,340,2215,340,221 4,803,6724,803,672 5,236,4865,236,486
Utilized inUtilized in
BudgetBudget
3,185,0003,185,000 3,200,0003,200,000 2,390,0042,390,004 2,067,0002,067,000 2,327,0752,327,075
gg
BalanceBalance
RemainingRemaining
1,547,4411,547,441 2,281,8152,281,815 2,950,2172,950,217 2,736,6722,736,672 2,909,4112,909,411
% U d% U d 6 30%6 30% 5 3 %5 3 % 44 5%44 5% 43 03%43 03% 44 44%44 44%% Used% Used 67.30%67.30% 58.37%58.37% 44.75%44.75% 43.03%43.03% 44.44%44.44%
% Remaining% Remaining 32.70%32.70% 41.63%41.63% 55.25%55.25% 56.97%56.97% 55.56%55.56%
Local MunicipalLocal Municipal
BudgetsBudgets
52,621,28352,621,283 56,306,98156,306,981 60,097,23060,097,230 62,054,41662,054,416 63,938,94963,938,949
% R i i t% R i i t 2 94%2 94% 4 05%4 05% 4 91%4 91% 4 41%4 41% 4 55%4 55%% Remaining to% Remaining to
BudgetBudget
2.94%2.94% 4.05%4.05% 4.91%4.91% 4.41%4.41% 4.55%4.55%
12. History of Fund BalanceHistory of Fund Balanceyy
20112011 20122012 20132013 20142014 2015*2015*
B lB l 5 431 3375 431 337 5 032 6085 032 608 4 638 1614 638 161 5 811 6665 811 666 6 283 1316 283 131BalanceBalance
1/1/FY1/1/FY
5,431,3375,431,337 5,032,6085,032,608 4,638,1614,638,161 5,811,6665,811,666 6,283,1316,283,131
Utilized inUtilized in
BudgetBudget
2,550,0002,550,000 2,500,0002,500,000 3,043,7503,043,750 2,886,0002,886,000 3,350,0003,350,000
BalanceBalance
RemainingRemaining
2,881,3392,881,339 2,532,6082,532,608 1,594,4111,594,411 2,925,6662,925,666 2,933,1312,933,131
% Used% Used 46.95%46.95% 49.68%49.68% 62.62%62.62% 49.66%49.66% 53.32%53.32%
% Remaining% Remaining 53.05%53.05% 50.32%50.32% 34.38%34.38% 50.34%50.34% 46.68%46.68%
Local MunicipalLocal Municipal
BudgetsBudgets
68,840,92868,840,928 68,021,82568,021,825 70,907,95070,907,950 69,861,68569,861,685 72,017,64772,017,647
% Remaining to% Remaining to
B dB d
4.19%4.19% 3.72%3.72% 2.25%2.25% 4.19%4.19% 4.07%4.07%
BudgetBudget
*Per AFS
15. How is Fund Balance Replenished?How is Fund Balance Replenished?How is Fund Balance Replenished?How is Fund Balance Replenished?
Collecting Revenues in excess of what isCollecting Revenues in excess of what is Collecting Revenues in excess of what isCollecting Revenues in excess of what is
anticipated (MRA)anticipated (MRA)
Misc Revenues Not Anticipated (MRNA)Misc Revenues Not Anticipated (MRNA) Misc. Revenues Not Anticipated (MRNA)Misc. Revenues Not Anticipated (MRNA)
Collecting Taxes in excess of the anticipated %,Collecting Taxes in excess of the anticipated %,
k R f U ll d T (RUT)k R f U ll d T (RUT)a.k.a. Reserve for Uncollected Taxes (RUT)a.k.a. Reserve for Uncollected Taxes (RUT)
Receipts from Delinquent Taxes (RDT’s)Receipts from Delinquent Taxes (RDT’s)
Expired Appropriations from 2013Expired Appropriations from 2013
Canceled Appropriations/Accounts from 2014Canceled Appropriations/Accounts from 2014 Canceled Appropriations/Accounts from 2014Canceled Appropriations/Accounts from 2014
16. Why leave a Fund Balance Reserve?Why leave a Fund Balance Reserve?Why leave a Fund Balance Reserve?Why leave a Fund Balance Reserve?
Stability of future operations and budgetsStability of future operations and budgetsy p gy p g
Fund Balance can be used to fund an unanticipatedFund Balance can be used to fund an unanticipated
emergencyemergency
A Reserve Provides Cash Flow for the MunicipalityA Reserve Provides Cash Flow for the Municipality
Revenues are not collected consistently during the fiscalRevenues are not collected consistently during the fiscal
yearyear
Payrolls exceed $1 million every 2 weeksPayrolls exceed $1 million every 2 weeks
Th Cit i th p i t f ll t id iTh Cit i th p i t f ll t id i The City is the paying agent for all outside agencies:The City is the paying agent for all outside agencies:
County, School, Library, SID’sCounty, School, Library, SID’s
Key indicator to bond rating agenciesKey indicator to bond rating agencies Key indicator to bond rating agenciesKey indicator to bond rating agencies
18. What’s a Penny???What’s a Penny???What s a Penny???What s a Penny???
A penny to the Municipal tax rate is a fraction ofA penny to the Municipal tax rate is a fraction ofA penny to the Municipal tax rate is a fraction ofA penny to the Municipal tax rate is a fraction of
the ratable base, in 2015 a penny to the O.C. taxthe ratable base, in 2015 a penny to the O.C. tax
rate = $1,129,000 (Ratable base is 11.29 billion)rate = $1,129,000 (Ratable base is 11.29 billion)( )( )
1/10 of a penny = $112,9001/10 of a penny = $112,900
----------------------------------------------------------------------
A penny to a taxpayer = $10 per $100,000 ofA penny to a taxpayer = $10 per $100,000 of
property, or $50 for a $500,000 homeproperty, or $50 for a $500,000 homeproperty, or $50 for a $500,000 homeproperty, or $50 for a $500,000 home
The 2015 proposed local tax increase of 0.53 centsThe 2015 proposed local tax increase of 0.53 cents
means a $26.50 increase to a $500,000 homemeans a $26.50 increase to a $500,000 homemeans a $26.50 increase to a $500,000 homemeans a $26.50 increase to a $500,000 home
20. Ratable ChangesRatable ChangesRatable ChangesRatable Changes
$11,296,344,698$11,296,344,698 2015 Ratable Base2015 Ratable Base
$11,181,508,929$11,181,508,929 2014 Ratable Base2014 Ratable Base
$ 114,835,769$ 114,835,769 Increase inIncrease in RatablesRatables
$$ -- 3,932,0003,932,000 56 Tax Appeals from 201456 Tax Appeals from 2014, ,, , pppp
$$ -- 21,484,10021,484,100 2015 Compliance Plan 5732015 Compliance Plan 573
$ + 7,369,468$ + 7,369,468 Demos/Misc. AdjustmentsDemos/Misc. Adjustments$ 7,369,468$ 7,369,468 e os/ sc. djust e tse os/ sc. djust e ts
$ + 132,882,401$ + 132,882,401 Added AssessmentsAdded Assessments
$ 114 835 769$ 114 835 769$ 114,835,769$ 114,835,769
21. 2015 Local Municipal Budget2015 Local Municipal Budget
End of RevenuesEnd of Revenues-- Start of AppropriationsStart of Appropriations
22. 2015 Increases in Expenses2015 Increases in Expensespp
Salaries & WagesSalaries & Wages $914,000$914,000
Debt ServiceDebt Service $661,543$661,543
PensionsPensions $349,652$349,652
Capital Improvement FundCapital Improvement Fund $134,000$134,000
Citywide ExpensesCitywide Expenses $89 900$89 900Citywide ExpensesCitywide Expenses $89,900$89,900
Trash/Tipping/RecyclingTrash/Tipping/Recycling $57,900$57,900
Library AppropriationLibrary Appropriation $20,877$20,877
MiscMisc $1,400$1,400
Reserve for Uncollected TaxesReserve for Uncollected Taxes --
UtilitiesUtilities $$--12,00012,000
Workers Compensation InsuranceWorkers Compensation Insurance $$--15,74815,748
General Liability InsuranceGeneral Liability Insurance $$--27,95227,952
23. 2015 Increases in Expenses2015 Increases in Expensespp
FICA/UnemploymentFICA/Unemployment $$--44,80044,800
Departmental OE’sDepartmental OE’s $$--68,30068,300
Health InsuranceHealth Insurance $$--185,000185,000
TOTAL BUDGET INCREASETOTAL BUDGET INCREASE $1,875,472$1,875,472
24. 2015 Increases in Revenues2015 Increases in Revenues0 5 c eases eve ues0 5 c eases eve ues
Amount to be raised by TaxationAmount to be raised by Taxation-- CityCity $1,101,635$1,101,635
Fund BalanceFund Balance $464,000$464,000
Misc. Revenues AnticipatedMisc. Revenues Anticipated $288,960$288,960
A t t b i d b T tiA t t b i d b T ti LibLib $20 877$20 877Amount to be raised by TaxationAmount to be raised by Taxation-- LibraryLibrary $20,877$20,877
State AidState Aid $0.00$0.00
Receipts from Delinquent TaxesReceipts from Delinquent Taxes $0.00$0.00Receipts from Delinquent TaxesReceipts from Delinquent Taxes $0.00$0.00
TOTAL BUDGET INCREASETOTAL BUDGET INCREASE $1,875,472$1,875,472
28. 2013 Debt Service & Capital2013 Debt Service & Capital0 3 ebt Se v ce & Cap ta0 3 ebt Se v ce & Cap ta
Bond PrincipalBond Principal $8,410,000$8,410,000pp $ , ,$ , ,
Bond InterestBond Interest $1,856,400$1,856,400
Interest on Notes (BAN’s)Interest on Notes (BAN’s) $227,757$227,757
Green Acres Trust ProgramGreen Acres Trust Program $38,709$38,709
TOTAL DEBT SERVICETOTAL DEBT SERVICE $10,532,866$10,532,866
5% Down payment for Ordinances5% Down payment for Ordinances-- $1,100,000$1,100,0005% Down payment for Ordinances5% Down payment for Ordinances
ability to fund $22 mil in projectsability to fund $22 mil in projects
$1,100,000$1,100,000
29. Total Debt Service AnnuallyTotal Debt Service AnnuallyTotal Debt Service AnnuallyTotal Debt Service Annually
YearYear Debt ServiceDebt Service % Increase% Increase
20092009 $7,561,315$7,561,315 6.1%6.1%
20102010 $7,812,967$7,812,967 3.3%3.3%$ , ,$ , ,
20112011 $7,975,087$7,975,087 2.1%2.1%
20122012 $8 320 220$8 320 220 4 3%4 3% 20122012 $8,320,220$8,320,220 4.3%4.3%
20132013 $9,626,599$9,626,599 15.7%15.7%
20142014 $9,871,323$9,871,323 2.5%2.5%
20152015 $10,532,866$10,532,866 6.7%6.7%, ,, ,
AVERAGE = 5.8%AVERAGE = 5.8%
30. History of Library AppropriationHistory of Library AppropriationHistory of Library AppropriationHistory of Library Appropriation
31. History of Full Time StaffingHistory of Full Time Staffing
20032003 20042004 20052005 20062006 20072007 20082008
Administration 1313 1313 1313 1212 1212 12
Community Services 3030 2727 2727 2626 2525 16
Community Development 2020 2020 2020 2121 -- -
Planning & Engineering 2626 25Planning & Engineering -- -- -- -- 2626 25
Legal -
Statutory Offices 1111 1010 1010 1010 1010 10y
Financial Management 1616 1616 1515 1515 1616 15
Police Department 7878 7878 7676 7676 7676 72
Fire & Rescue 6666 6666 6666 6666 6666 64
Public Works 6060 5858 5555 5454 4343 50
G F d d 33 33 33 33Grant Funded 33 33 33 33 -- -
TOTAL 297297 291291 285285 283283 274274 264
32. History of Full Time StaffingHistory of Full Time Staffing
2009 2010 2011 2012 2013 2014 2015
Administration 12 12 15 15 16 20 15
C i S i 16 16 31 30 30 17Community Services 16 16 31 30 30 - 17
Community Operations - - - - - 81 70
Planning & 25 24Planning &
Engineering
25 24 - - - - -
Legal - 1 1 1 1 1 1
Statutory Offices 10 10 10 10 10 9 9
Financial Management 15 14 14 13 13 12 13
Police Department 72 72 71 72 71 70 70Police Department 72 72 71 72 71 70 70
Fire & Rescue 64 62 62 61 63 63 63
Public Works 50 50 46 50 50 - -
Grant Funded - - - - - - -
TOTAL 264 261 250 252 254 256 258
33. Department of AdministrationDepartment of AdministrationDepartment of AdministrationDepartment of Administration
2015 Budget reflects reorganization changes2015 Budget reflects reorganization changes
Public Relations & Information to CommunityPublic Relations & Information to Community
ServicesServices
// Economic Development/Environmental to FinanceEconomic Development/Environmental to Finance
15 Full Time Personnel15 Full Time Personnel
3,996 PPT Hours3,996 PPT Hours
OE: up $15,900OE: up $15,900 OE: up $15,900OE: up $15,900
Includes offices of the Mayor, BA, HR,Includes offices of the Mayor, BA, HR,
Purchasing IT OEM & Neighborhood &Purchasing IT OEM & Neighborhood &Purchasing, IT, OEM, & Neighborhood &Purchasing, IT, OEM, & Neighborhood &
Social ServicesSocial Services
34. Department of Community ServicesDepartment of Community ServicesDepartment of Community ServicesDepartment of Community Services
ReRe--established for 2015established for 2015 ReRe established for 2015established for 2015
17 Full Time Personnel17 Full Time Personnel
49 466 PPT H (41 000 A F C )49 466 PPT H (41 000 A F C ) 49,466 PPT Hours (41,000 at A&F Center)49,466 PPT Hours (41,000 at A&F Center)
OE: up $31,600OE: up $31,600
Includes: Public Relations & Information,Includes: Public Relations & Information,
Recreation & Leisure Programs, POPSRecreation & Leisure Programs, POPSg ,g ,
Concerts, Music Pier Operations, and A&FConcerts, Music Pier Operations, and A&F
CenterCenter
35. Department ofDepartment of Community OperationsCommunity OperationsDepartment ofDepartment of Community OperationsCommunity Operations
2015 Budget reflects reorganization changes2015 Budget reflects reorganization changesg g gg g g
A&F Center, Recreation & Leisure Programs, &A&F Center, Recreation & Leisure Programs, &
Music Pier Operations all go to Community ServicesMusic Pier Operations all go to Community Services
70 Full Time Personnel70 Full Time Personnel
16 466 PPT Hours16 466 PPT Hours 16,466 PPT Hours16,466 PPT Hours
OE: up $22,500OE: up $22,500
36. Department of CommunityDepartment of Community OperationsOperationsDepartment of CommunityDepartment of Community OperationsOperations
Includes the Divisions of:Includes the Divisions of: Includes the Divisions of:Includes the Divisions of:
Community Operations AdministrationCommunity Operations Administration
Environmental OperationsEnvironmental Operationspp
Facility MaintenanceFacility Maintenance
Field OperationsField Operations
Fleet MaintenanceFleet Maintenance
Planning, Zoning, Municipal Code & LicensingPlanning, Zoning, Municipal Code & Licensing
Planning & Zoning BoardsPlanning & Zoning Boards
Construction CodeConstruction Code
En in rin & Pr j t M n m ntEn in rin & Pr j t M n m nt Engineering & Project ManagementEngineering & Project Management
37. Department of LawDepartment of LawDepartment of LawDepartment of Law
2015 Budget is down $37 7002015 Budget is down $37 700 2015 Budget is down $37,7002015 Budget is down $37,700
1 Full Time Solicitor and 1 Part Time1 Full Time Solicitor and 1 Part Time
ProsecutorProsecutorProsecutorProsecutor
OE: down $38,700 from 2014OE: down $38,700 from 2014
S&W: up $1,000S&W: up $1,000
38. Department of Financial ManagementDepartment of Financial ManagementDepartment of Financial ManagementDepartment of Financial Management
2015 Budget is down $5002015 Budget is down $500 2015 Budget is down $5002015 Budget is down $500
13 Full Time Personnel, up 1 from 201313 Full Time Personnel, up 1 from 2013
18 200 PPT H18 200 PPT H 18,200 PPT Hours18,200 PPT Hours
OE: up $4,500OE: up $4,500
S&W: down $5,000S&W: down $5,000
Includes Accounting & Payroll Tax AssessmentIncludes Accounting & Payroll Tax Assessment Includes Accounting & Payroll, Tax AssessmentIncludes Accounting & Payroll, Tax Assessment
& Collection, Revenue Collection, Beach Fees,& Collection, Revenue Collection, Beach Fees,
Parking and AirportParking and AirportParking and AirportParking and Airport
39. Statutory OfficesStatutory Officesyy
City ClerkCity Clerk
3 F ll Time Personnel same as 20143 F ll Time Personnel same as 2014 3 Full Time Personnel, same as 20143 Full Time Personnel, same as 2014
1,040 PPT Hours1,040 PPT Hours
OE: down $26,500 due to non Municipal Election YearOE: down $26,500 due to non Municipal Election YearOE: down $26,500 due to non Municipal Election YearOE: down $26,500 due to non Municipal Election Year
S&W: down $32,000S&W: down $32,000
Municipal CourtMunicipal Court
6 Full Time Personnel, same as 20146 Full Time Personnel, same as 2014
2 912 PPT H2 912 PPT H 2,912 PPT Hours2,912 PPT Hours
OE: same as 2014OE: same as 2014
S&W: up $2 000S&W: up $2 000 S&W: up $2,000S&W: up $2,000
40. Department of Fire & Rescue ServicesDepartment of Fire & Rescue ServicesDepartment of Fire & Rescue ServicesDepartment of Fire & Rescue Services
2015 Budget is up $132 5002015 Budget is up $132 500 2015 Budget is up $132,5002015 Budget is up $132,500
59 Full Time Firefighters, same as 201459 Full Time Firefighters, same as 2014
3 F ll Ti R EMT’ 20143 F ll Ti R EMT’ 2014 3 Full Time Rescue EMT’s, same as 20143 Full Time Rescue EMT’s, same as 2014
1 Full Time Clerical, same as 20141 Full Time Clerical, same as 2014
OE: up $5,500OE: up $5,500
S&W: up $127 000S&W: up $127 000 S&W: up $127,000S&W: up $127,000
This budget includes Lifeguard Operations &This budget includes Lifeguard Operations &
Rescue EMT’sRescue EMT’sRescue EMT sRescue EMT s
41. Department of Police ProtectionDepartment of Police ProtectionDepartment of Police ProtectionDepartment of Police Protection
2015 Budget is up $27 0002015 Budget is up $27 000 2015 Budget is up $27,0002015 Budget is up $27,000
57 Full Time Officers, down 1 from 201457 Full Time Officers, down 1 from 2014
13 F ll Ti Ci ili 1 f 201413 F ll Ti Ci ili 1 f 2014 13 Full Time Civilians, up 1 from 201413 Full Time Civilians, up 1 from 2014
7,612 PPT Hours7,612 PPT Hours
OE: down $82,000 (no vehicle replacements forOE: down $82,000 (no vehicle replacements for
2015)2015)))
S&W: up $109,000S&W: up $109,000