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Fiscal Year 2015 Budget Special Revenue, Internal Services & Capital Funds

Fiscal Year 2015 Budget Special Revenue, Internal Services & Capital Funds City Council Presentation Tuesday, August 12 th 2014. Finance Department Christopher M. Quinn , MACC, CPA, CFE, CGFO, CGMA Finance Director Lina Williams Budget & Financial Analyst.

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Fiscal Year 2015 Budget Special Revenue, Internal Services & Capital Funds

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  1. Fiscal Year 2015 Budget Special Revenue, Internal Services & Capital Funds City Council Presentation Tuesday, August 12th 2014 Finance Department 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. Special Revenue Funds • CDBG Grant Fund • Police Education Fund • Police Automation Fund • Disaster Reserve Fund • Special Events Fund • NSP & NSP 3 Funds • OKR Special Assessment Fund • BAC Fund

  5. CDBG Grant Fund

  6. 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.

  7. 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

  8. 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.

  9. Special Events Fund

  10. Special Events FundFY 2015 Community Events • Hall of Terror • Christmas Tree Recycling • Cause for Paws • Birds of a Feather • Senior Games • Heroes Memorial Park • July 4th Ceremony • 9/11 Fallen Heroes Memorial • Memorial Day Ceremony • Central Park in Town Center • Tree Lighting in Central Park • Holiday Parade & Event • Arbor Day Event • International Festival • Food Trucks • Grant Funded: • Waterway Cleanup • Fireworks in the Park • Children’s Events: • C.H.I.R.P. • Eggstravaganza • Boo Bash • Teen Egg Hunt • Races: • Pink Army 5k • Feet to Feast • Waterfront Run • Arbor Day 5k • Autumn Trails Run This list does not include all 2015 events

  11. NSP 1 Grant Fund

  12. NSP 3 Grant Fund

  13. OKR Special Assessment Fund

  14. OKR Special Assessment FundCapital Improvement Plan

  15. BAC Fund

  16. Internal Services Funds • Health Insurance Fund • Fleet Fund

  17. Health Insurance Fund

  18. Fleet Fund

  19. Fleet Maintenance Operating Expenditures

  20. Fleet FundCapital Expenditures FY 2015

  21. Fleet FundCapital Improvement Plan

  22. Capital Improvement Program • Utility Capital Improvement Fund • Stormwater Fund • Streets Improvement Fund • Recreation Impact Fee Fund • Fire Impact Fee Fund • Transportation Impact Fee Fund • Development Special Projects Fund • SR100 CRA Fund • Capital Projects Fund

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

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

  25. Stormwater Fund

  26. Stormwater FundCapital Improvement Program

  27. Stormwater FundCapital Improvement Program

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

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

  30. Recreation Impact Fee Fund *Items in blue at least partially funded by grants

  31. Fire Impact Fee Fund

  32. Transportation Impact Fee Fund

  33. Development Special Projects Fund

  34. SR100 CRA Fund

  35. Capital Projects Fund *Items in blue at least partially funded by grants

  36. Tentative Budget Schedule • August • 26th- Final Proposed Budget Presentation • September • 9th- (5:05pm) Public Hearing to tentatively adopt millage rate and budget • 23rd– (5:05pm) Final Public Hearing to adopt final millage and budget Please Note Date Changes

  37. Questions & Discussion

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