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Home My WebLink AboutDocumentation_Workshop_Tab 03_8/3/2020Agenda Item #3. Workshop STAFF MEMO a Meeting: Workshop - Aug 03 2020 Staff Contact: Jeremy Allen, Village Manager Department: Manager Review Proposed FY 2020/2021 Budget Review Proposed FY 2020/2021 Budget Expenditure FY2020 FY2021 Dollar Change Percentage Description Change General Fund $13,838,380 $14,707,300 $868,920 6.28% Capital Improvement 476,875 537,100 60,225 12.63% Fund Capital Projects 154,000 Fund 208,050 54,050 35.10% Water Utility Fund 7,780,657 7,152,800 (627,857) -8.07% Refuse & 497,100 Recycling Fund 514,750 17,650 3.55% Stormwater Utility 754,630 Fund 769,700 15,070 2.00% Special Law Enforcement -0- -0- -0- N/A Fund Total $23,501,642 $23,889,700 $388,058 1.65% Revenue FY2020 FY2021 Dollar Percentage Description Change Change Property taxes 7,482,400 7,689,900 207,500 2.77% Other taxes (CST, Utility Taxes, Ins. 1,547,900 1,784,150 236,250 15.26% Prem) Franchise fees 460,000 462,000 2,000 0.43% Licenses & permits 737,100 505,500 (231,600) (31.42)% Intergovernmental 888,300 868,350 (19,950) (2.25)% revenue* Charges for svcs 1,410,950 1,427,150 16,200 1.15% Page 14 of 55 Agenda Item #3. Revenue FY2020 FY2021 Dollar Percentage Description Change Change Intragovernmental revenue (Admin 725,450 1,031,250 305,800 42.15% Fees) Ro ents and 221,600 228,800 7,200 3.25% Yalties Miscellaneous 348,680 691,700 343,020 98.38% other Fines & forfeitures 16,000 18,500 2,500 15.63% Total $13,838,380 $14,707,300 $868,920 6.28% Changes Represented From July 20 Budget Workshop Revenues (26,200) State Shared Revenue adjustment (4,000) Tequesta Fest revenue (2,050) Admin Fees 4,250 Local Discretionary Sales Tax Expenditures (38,150) Retirement payout adjustment (30,000) Tequesta Fest - Left a balance with recreation to plan alternate events. (26,200) Allocate to Fund Balance - Decrease State Shared Revenue 30,350 Personnel: $750 One-time Payment Non -Union, Prior Year increases/Merit, 4,250 Local Discretionary Sales Tax 31,750 Allocate to fund balance Employees by Department 2021 FY 2020 FY 2021 Change Manager 1.75 1.75 - Human Resources 2.50 2.50 - Village Clerk 3.00 2.50 (0.5) Finance 3.50 5.00 1.50* IT 1.60 2.00 0.40* Police Department 25.25 21.25 (4.00) Building & Zoning 4.0 4.00 - Code Compliance 1.50 1.50 (0.5) Fire Control 24.75 24.75 - Public Works 6.30 *(2.0) 6.70 0.4* Leisure Services 4.00 4.00 - Utilities - 2.85 1.55 (1.30) Administration Page 15 of 55 Agenda Item #3. Utilities - Water Plant 8.80 8.80 - Utilities - Distribution 9.50 7.00 (2.50) Utilities - Customer Service - 2.00 2.00 Stormwater 1.70 1.70 - Total 101.00 97.50 (4.5) Page 16 of 55