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HomeMy WebLinkAboutDocumentation_Workshop_Tab 01_11/1/2021 (2) The Village of Tequesta General Fund #001 Budget ProjectionsOperating Increases Fiscal Years 2022 - 20263.00% Ad Val (*Calc-Make Adj on Tab 1) 1.00% Sales Tax Generated Revenue 0.00% ********** Does not include appropriations of fund balance **********Other Revenues 5.00%4.00%3.00% Personnel (Police/Fire/Other) FY 2022FY 2023FY 2024FY 2025FY 2026 0.50% Operating ApprovedEstimatedEstimatedEstimatedEstimated 0.005 BudgetBudgetBudgetBudgetBudget Dept. 000 General$12,561,190$12,817,619$14,234,953$14,750,270$15,071,663 4.71%2.04%11.06%3.62%2.18% Ad Valorem Revenues$8,158,070$8,402,812$9,808,342$10,311,738$10,621,090*Added estimated value of SeaGlass in FY2024 and The Reserve in FY2025 6.09%3.00%16.73%5.13%3.00% Ad Valorem Revenues - PreSeaGlass$8,158,070$8,402,812$8,654,896$8,914,543$9,181,980 6.09%3.00%3.00%3.00%3.00% Ad Valorem Revenues - SeaGlass$0$0$1,153,446$1,188,049$1,223,691 N/AN/AN/A3.00%3.00% Ad Valorem Revenues - The Reserve$0$0$0$209,145$215,419 N/AN/AN/AN/A3.00% Local Disc. Infra. Surtax$465,920$470,579$475,285$480,038$484,838*Tax sunsets on 12/31/26 or when proceeds equal or exceed $2,700,000,000 26.85%1.00%1.00%1.00%1.00% Mun. Revenue Sharing$208,080$210,161$212,262$214,385$216,529 16.47%1.00%1.00%1.00%1.00% 1/2 Cent Sales Tax$494,670$499,617$504,613$509,659$514,756 23.07%1.00%1.00%1.00%1.00% Other General Revenues$3,234,450$3,234,450$3,234,450$3,234,450$3,234,450*Admin fees decreased in FY2022 -3.68%0.00%0.00%0.00%0.00% Dept. 150 Comprehensive Planning$160,000$160,000$160,000$160,000$160,000 0.00%0.00%0.00%0.00%0.00% Dept. 175 Police Department$83,840$83,840$83,840$83,840$83,840 -41.40%0.00%0.00%0.00%0.00% Dept. 181 Code Enforcement$30,000$30,000$30,000$30,000$30,000 200.00%0.00%0.00%0.00%0.00% Dept. 192 Fire Control$1,212,920$1,238,840$1,275,457$1,314,049$1,354,728 2.47%2.14%2.96%3.03%3.10% Jupiter Inlet Colony$467,940$486,658$515,857.06$546,808.48$579,616.99*Includes 4% annual increase until FY2024 when it increases to 6%. (ends 09/30/33) 4.00%4.00%6.00%6.00%6.00% Palm Beach County$310,070$317,272$324,690$332,331$340,201 2.32%2.32%2.34%2.35%2.37% Contract Services$240,070$247,272$254,690$262,331$270,201*Includes annual increase in contract: 3%; 10 year term eff. 10/01/12 (ends 09/30/2022) 3.01%3.00%3.00%3.00%3.00% Vehicle R&M Credit$70,000$70,000$70,000$70,000$70,000 N/AN/AN/AN/AN/A Other Revenues$434,910$434,910$434,910$434,910$434,910 0.98%0.00%0.00%0.00%0.00% Dept. 231 Leisure Services$76,490$76,490$76,490$76,490$76,490 203.53%0.00%0.00%0.00%0.00% One Time Revenue Sources$1,145,230$1,359,976$1,949,034$778,250$533,600 N/AN/AN/AN/AN/A Grant Revenues$0$0$0$0$0*FY2021: FRDAP grants (2): Constitution and Remembrance Park; FY2022: Air Compressor N/AN/AN/AN/AN/A Capital Lease at Inception$0$130,000$1,250,000$778,250$533,600 N/AN/AN/AN/AN/A Disposition of Assets$0$0$0$0$0 N/AN/AN/AN/AN/A ARPA Funds$1,145,230$1,229,976$699,034$0$0 N/AN/AN/AN/AN/A Dept. 900 Transfers In$0$0$0$0$0 N/AN/AN/AN/AN/A Dept. 950 Interest$8,300$8,300$8,300$8,300$8,300 N/AN/AN/AN/AN/A General Fund Operating Revenues$15,277,970$15,775,065$17,818,074$17,201,199$17,318,620 Dept. 100 Council$77,350$77,737$78,125$78,516$78,909 17.91%0.50%0.50%0.50%0.50% Dept. 110 Manager$306,720$315,586$324,715$334,118$343,800 4.45%2.89%2.89%2.90%2.90% Personnel$293,280$302,078$311,141$320,475$330,089 4.41%3.00%3.00%3.00%3.00% Operating$13,440$13,507$13,575$13,643$13,711 5.41%0.50%0.50%0.50%0.50% Dept. 111 Human Resources$385,040$394,706$404,653$414,889$425,423 5.52%2.51%2.52%2.53%2.54% Personnel$309,650$318,940$328,508$338,363$348,514 -0.15%3.00%3.00%3.00%3.00% Operating$75,390$75,767$76,146$76,527$76,909 37.57%0.50%0.50%0.50%0.50% Dept. 120 Village Clerk$373,940$382,285$390,865$399,689$408,763 7.69%2.23%2.24%2.26%2.27% Personnel$259,000$266,770$274,773$283,016$291,507 219.16%3.00%3.00%3.00%3.00% Operating$114,940$115,515$116,092$116,673$117,256 -56.81%0.50%0.50%0.50%0.50% Dept. 130 Finance$715,220$734,064$753,459$773,424$793,974 3.40%2.63%2.64%2.65%2.66% Personnel$610,700$629,021$647,892$667,328$687,348 435.86%3.00%3.00%3.00%3.00% Operating$104,520$105,043$105,568$106,096$106,626 -81.91%0.50%0.50%0.50%0.50% Dept. 140 Legal$190,000$190,950$191,905$192,864$193,829 5.56%0.50%0.50%0.50%0.50% Dept. 150 Comprehensive Planning$281,540$282,948$284,362$285,784$287,213 71.67%0.50%0.50%0.50%0.50% Dept. 160 General Government$314,310$315,882$317,461$319,048$320,644 3.87%0.50%0.50%0.50%0.50% Dept. 161 I.T.$476,650$485,475$494,536$503,843$513,400 7.68%1.85%1.87%1.88%1.90% Personnel$257,650$265,380$273,341$281,541$289,987 1.58%3.00%3.00%3.00%3.00% Operating$219,000$220,095$221,195$222,301$223,413 15.87%0.50%0.50%0.50%0.50% Dept. 175 Police Department$3,313,760$3,450,486$3,593,903$3,744,346$3,902,165 1.25%4.13%4.16%4.19%4.21% Personnel$2,670,160$2,803,668$2,943,851$3,091,044$3,245,596 1.42%5.00%5.00%5.00%5.00% Operating$643,600$646,818$650,052$653,302$656,569 0.55%0.50%0.50%0.50%0.50% Dept. 181 Code Enforcement$124,480$127,699$131,013$134,423$137,933 36.42%2.59%2.59%2.60%2.61% Personnel$103,880$106,996$110,206$113,512$116,918 45.59%3.00%3.00%3.00%3.00% Operating$20,600$20,703$20,807$20,911$21,015 3.52%0.50%0.50%0.50%0.50% Dept. 192 Fire Control$4,116,145$4,260,557$4,410,645$4,566,634$4,728,760 2.61%3.51%3.52%3.54%3.55% Personnel$3,538,040$3,679,562$3,826,744$3,979,814$4,139,006 0.76%4.00%4.00%4.00%4.00% Operating$578,105$580,996$583,901$586,820$589,754 15.60%0.50%0.50%0.50%0.50% Dept. 210 Public Works$1,539,415$1,561,738$1,584,611$1,608,051$1,632,073 3.94%1.45%1.46%1.48%1.49% Personnel$585,030$602,581$620,658$639,278$658,456 3.54%3.00%3.00%3.00%3.00% Operating$954,385$959,157$963,953$968,772$973,616 4.18%0.50%0.50%0.50%0.50% Dept. 231 Leisure Services$942,080$958,608$975,573$992,988$1,010,866 42.74%1.75%1.77%1.79%1.80% Personnel$472,700$486,881$501,487$516,532$532,028 28.66%3.00%3.00%3.00%3.00% Operating$469,380$471,727$474,086$476,456$478,838 60.42%0.50%0.50%0.50%0.50% Capital $308,260$292,000$1,289,000$812,250$533,600*ARPA Funds: FY2022 Police Veh(4), Fire Veh (1); FY2023 Cardiac Monitors N/AN/AN/AN/AN/A Dept. 700 Debt Service (Expiring)$428,000$48,800$0$0$0*PSF Exp. 2022; Tasers Exp. 2022; Pumper Exp. 2023 N/AN/AN/AN/AN/A Dept. 700 Debt Service (New)$458,280$572,060$841,360$951,660$1,066,160*Police cars; Fire Vehicles; Code Truck; PW Truck; SAN Project; Phone System; Rec Center N/AN/AN/AN/AN/A Dept. 900 Transfers Out$827,260$752,078$756,428$660,823$665,261 N/AN/AN/AN/AN/A Surtax Revenues$430,770$435,078$439,428$443,823$448,261*Local discretionary surtax sunsets on 12/31/26 N/AN/AN/AN/AN/A Water Utility Taxes$217,000$217,000$217,000$217,000$217,000 N/AN/AN/AN/AN/A Other$179,490$100,000$100,000$0$0*ARPA Funds: FY22 Roads = $359,590; FY22-24 Total Transfers to Stormwater = $350,000 N/AN/AN/AN/AN/A Dept. 950 Allocate to Fund Balance$99,520$0$0$0$0 N/AN/AN/AN/AN/A General Fund Operating Expenditures$15,277,970$15,203,657$16,822,617$16,773,350$17,042,773 $0$571,408$995,457$427,849$275,847 OVER/(UNDER): % of Budget - Personnel:$9,100,090$9,461,876$9,838,602$10,230,904$10,639,450 59.56%62.23%58.48%60.99%62.43% % of Budget - Operating:$4,056,560$4,076,843$4,097,227$4,117,713$4,138,302 26.55%26.81%24.36%24.55%24.28% % of Budget - Debt Service:$886,280$620,860$841,360$951,660$1,066,160 5.80%4.08%5.00%5.67%6.26% % of Budget - Other:$1,235,040$1,044,078$2,045,428$1,473,073$1,198,861 8.08%6.87%12.16%8.78%7.03% The Village of Tequesta Capital Improvement Fund #301 Budget Projections Fiscal Years 2022 - 2026 ********** Does not include appropriations or allocations of fund balance ********** FY 2022FY 2023FY 2024FY 2025FY 2026 ApprovedEstimatedEstimatedEstimatedEstimated Notes BudgetBudgetBudgetBudgetBudget Transfers In $677,260$652,078$656,428$660,823$665,261 N/AN/AN/AN/AN/A Interest$1,000$1,000$1,000$1,000$1,000 N/AN/AN/AN/AN/A CIP Revenues$678,260$653,078$657,428$661,823$666,261 546.350 R & M Roads$359,590$250,000$250,000$250,000$250,000 N/AN/AN/AN/AN/A 663.652 Pathways & Sidewalks$60,000$75,000$75,000$75,000$35,000 N/AN/AN/AN/AN/A 663.658 Park Improvements$0$0$0$0$0 N/AN/AN/AN/AN/A 653.605 Bridge Improvements$0$0$0$0$0 N/AN/AN/AN/AN/A 663.655 Misc. Landscaping Projects$0$75,000$0$0$0*Country Club Canopy Enhancement Plan N/AN/AN/AN/AN/A 664.600 Machinery & Equipment$0$225,000$225,000$225,000$225,000Debt Service for Fire Trucs (Aerial, Engine) N/AN/AN/AN/AN/A Dept. 900 Transfers Out$87,000$0$0$0$0 N/AN/AN/AN/AN/A CIP Expenditures$506,590$625,000$550,000$550,000$510,000 $171,670$28,078$107,428$111,823$156,261 OVER/(UNDER): Projected Roll Forward Funding:$422,469$450,547$557,975$669,798$826,059 The Village of Tequesta Capital Improvement Fund #303 Budget Projections Fiscal Years 2022 - 2026 ********** Does not include appropriations or allocations of fund balance ********** FY 2022FY 2023FY 2024FY 2025FY 2026 ApprovedEstimatedEstimatedEstimatedEstimated Notes BudgetBudgetBudgetBudgetBudget Loan Proceeds$0$0$0$0$0 N/AN/AN/AN/AN/A Transfers In $87,000$0$0$0$0 N/AN/AN/AN/AN/A Interest$500$500$500$500$500 N/AN/AN/AN/AN/A CIP Revenues$87,500$500$500$500$500 546.350 R & M Roads$255,000$0$0$0$0 N/AN/AN/AN/AN/A 573.700 Other Debt Service Costs$0$0$0$0$0 N/AN/AN/AN/AN/A 662.600 Buildings$0$0$0$0$0 N/AN/AN/AN/AN/A 663.600 Improvements Other than Bldngs$0$0$0$0$0 N/AN/AN/AN/AN/A 663.632 Architecture & Engineering$0$0$0$0$0 N/AN/AN/AN/AN/A 663.634 Site Work$0$0$0$0$0 N/AN/AN/AN/AN/A 664.603 Furniture/Fixtures/Equipment$87,000$0$0$0$0 N/AN/AN/AN/AN/A CIP Expenditures$342,000$0$0$0$0 ($254,500)$500$500$500$500 OVER/(UNDER): Projected Roll Forward Funding:$10,203$10,703$11,203$11,703$12,203