LAKE HELEN CITY COMMISSION First Public Budget Hearing Fiscal Year Millage Rate and Budget September 3, :00 P.M.

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1 CALL TO ORDER: Mayor Snowden City of Lake Helen Volusia County, Florida CEREMONINAL MATTERS: 1. LEGISLATIVE PRAYER 2. PLEDGE OF ALLEGIANCE BUSINESS OF THE COMMISSION: Item 1 DELETIONS OR MODIFICATIONS TO AGENDA Item 2 PUBLIC FORUM: Yellow Cards For any individual wishing to speak to any issue not on the agenda. Comments will be limited to three minutes unless otherwise directed by the City Commission. Person wishing to speak must approach the front podium, give name and address. Ann Robbins Rick Basso LAKE HELEN CITY COMMISSION First Public Hearing Fiscal Year Millage Rate and September 3, :00 P.M. AGENDA MAYOR Buddy Snowden COMMISSIONERS Vernon Burton Tura Schnebly Any individual wishing to speak before the City Commission regarding any item on the agenda must fill out and submit a BLUE speaker card to the Recording Secretary, be recognized by the Chair, and limit his/her remarks to three minutes unless otherwise directed by the City Commission. Any individual wishing to speak to the City Commission during the Public Forum portion of the agenda must fill out and submit a YELLOW speaker card to the Recording Secretary, be recognized by the Chair, and limit his/her remarks to three minutes unless otherwise directed by the City Commission. The Public Forum portion of the agenda is reserved for citizens to address the City Commission regarding items/issues that are not on the agenda. Item 3 Item 4 Item 5 PUBLIC HEARING: Fiscal Year 2015/2016 Millage Rate and COMMISSION CONSIDERATION: Item 4a: Item 4b: Consideration of Resolution Adopting Changed Revenue Estimates and the Fiscal Year ADJOURNMENT Consideration of Resolution establishing Fiscal Year General Municipal Millage Rate Adjusted Tentative General Municipal P.O. Box 39 Lake Helen, Florida Telephone (386) FAX (386)

2 Commission Consideration Agenda Memorandum September 3, 2015 Subject: Consideration Resolution Synopsis: This resolution adopts the tentative millage rate for fiscal year ending September 30, Background: This agenda item requires that the City Commission hold a public hearing before adopting Resolution To adopt the 9.8 millage rate specified in Resolution requires a unanimous vote by the commission. Given a rolled-back rate of , Form DR-420MM-P, in accordance with FS (5), specifies voting requirements as follows: 1. Millage up to Majority vote Line 13 on the form 2. Millage up to Two-Thirds vote Line 14 on the form 3. Millage over Unanimous vote Line 15 on the form The city submitted forms DR-420 and DR-420MM-P electronically to the Volusia County Property Appraiser. These forms advised the Property Appraiser that the City would hold its public hearing on September 3, 2015 at 7:00 PM, and the Property Appraiser used this information to prepare and mail the TRIM notice to the City s residents to advise them of the proposed tentative millage rate and the date of this public hearing. Why a 9.8 millage rate is necessary: City residents have already been paying a total of mills in past years as follows: 1. City s millage Volusia County Fire District Total millage Volusia County planned to increase their millage of Because of the 10 mill maximum, the increase in the county s millage would require Lake Helen to reduce its millage, which would reduce the city s revenue from ad valorem taxes required to pay for operational expenses. To resolve this problem, the City Administrator negotiated fire protection services for the city at a cost of $200,000, which eliminates the link between the city s millage and the county fire district millage. Consequently, the 9.8 millage in this resolution, in fact, is a slight decrease in the combined millage; and the 9.8 millage is required in order to pay the $200,000 cost for fire protection services. The chart on the next page illustrates that a 9.8 millage will lower ad valorem taxes for Lake Helen residents by just over $15,000. City of Lake Helen Comparison of Millage with Status Quo For the Fiscal Year Ended September 30, 2016 Lake Helen Lake Helen Volusia Fire Total Lk Helen Status Quo Status Quo Status Quo Difference Tax Base 75,638, ,638, ,638, Millage = Ad Valorem Tax 741, , , , , Uncollectible 5% (37,062.86) 5% (24,085.19) 5% (13,734.06) (37,819.20) (756.33) ed Ad Valorem Tax 95% 704, % 458, % 261, , ,000.95

3 Financial Impact: Adoption of the millage rate in this ordinance determines the Ad Valorem tax revenue that the City will receive during the Fiscal Year ending September 30, Recommendation: The Commission adopt Resolution by unanimous vote, as required by FS (5). Suggested Motion: Motion to adopt Resolution Attachment(s): Resolution

4 RESOLUTION A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LAKE HELEN, FLORIDA, RELATING TO THE LEVY OF GENERAL MUNICIPAL PURPOSE AD VALOREM TAXES FOR THE 2015 TAX YEAR; APPROVING PROPOSED MILLAGE RATE; PROVIDING AN EFFECTIVE DATE. WHEREAS, on July 9, 2015, the City Commission of the City of Lake Helen adopted Resolution approving the proposed millage rate necessary to fund the said tentative GENERAL Municipal budget; and, WHEREAS, pursuant to law and utilizing the rates established in the said resolution, on August 17th, 2015, the Volusia County Property Appraiser mailed a Notice of Property Taxes to each taxpayer listed on the current year's assessment roll; and, WHEREAS, the said Notice of Property Taxes advised the recipients of a public hearing to be conducted by the City Commission on this date for consideration of its adjusted tentative general municipal budget and the proposed millage necessary to fund the said budget; and, WHEREAS, the public hearing has been held as specified in the Notice of Property Taxes and in accordance with applicable law; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF LAKE HELEN, FLORIDA; 1. That the following proposed millage rate to fund an adjusted tentative general municipal budget is hereby approved for further consideration in accordance with applicable law: General Fund 9.8 mills 2. The millage rate levied herein is more than the rolled back rate of by percent. 3. This resolution shall take effect immediately upon its adoption. DULY ADOPTED in public hearing, this 3rd day of September, A.D., CITY OF LAKE HELEN, FLORIDA ATTEST: Jason Yarborough, City Administrator Buddy Snowden, Mayor APPROVED AS TO FORM AND LEGALITY: Scott Simpson, City Attorney

5 Commission Consideration Agenda Memorandum September 3, 2015 Subject: Consideration to approve resolution to adopt a tentative budget for the fiscal year ended September 30, 2016 Synopsis: The tentative budget incorporates a millage rate of 9.8 mills (See resolution ) and reflects an increase in budgeted expenditures of 0.1% over total expenditures as reported in the most recent audit of the city s financial statements. The budget utilizes only $16,991 from fund balance to finance less than one-half of the capital improvement items included in the budget. Background: The Commission and staff have participated in three budget workshops to review the proposed budget and have identified numerous budget revisions, and staff has implemented these revisions. This has been a challenging budget to produce the two biggest challenges are described below. Despite these challenges, the city has a balanced budget that reflects an increase in budgeted expenditures of only 0.1% over total expenditures as reported in the most recent audit of the city s financial statements. The FY2016 budget includes the following purchases from the Capital Improvement Plan: A new truck for Public Works for $ and four police radios at a cost of $9,000 a total of $34,750 for the year. The two main challenges of this budget are as follows: 1. Fire Protection. The Volusia County Fire District, which provides fire protection to Lake Helen, planned to raise the millage rate for this service. Because of the 10 mill cap, this meant that Lake Helen faced the real possibility of having to decrease the city s millage rate. This was not feasible. This budget implements a solution whereby Lake Helen contracts with Volusia County for fire protection. This option requires the city to increase its millage up to the 9.8 mills, which incorporates the millage previously charged by the Volusia County Fire District. A budgeted millage rate of 9.8 mills provides a decrease of just over $15,000 of what residents will pay, because of the decrease in total millage paid by residents from 10.0 mills to 9.8 mills. 2. Pledged Revenues. The city's loan covenants that govern city financing for the water utility department require that the city achieve pledged revenues that equal 115% of net income from the utility fund, less depreciation. The city s audit report for the fiscal year ended September 30, 2014 indicates that we fell far short of meeting this requirement in FY which gave the city an audit finding. Based on the FY 2015 budget (and current projections), we will fall short again in the current fiscal year. To achieve satisfactory pledged revenue requirements, the city must substantially increase water rates; this budget incorporates such a rate increase. The Florida Rural Water Association s rate study provided two rate increase options: a. Increase water rates by 25.5% with an increase in the fixed quarterly rate from $36.30 to $45.55 b. Increase water rates by 5% with an increase in the fixed quarterly rate from $36.30 to $60.30 The Finance Manager s projections indicate that option A will not generate enough revenue to meet the pledged revenue requirement; option B falls short by about $6,000, but the Public Works Superintendent believes we can make this difference up by replacing water meters that are not accurately measuring water usage. Key Assumptions: Fire protection contract: $200,000 Millage: 9.8 mills Taxable value of Lake Helen properties: $75,869,687 Water rate increase: 5% with fixed rate increase of $24/quarter Contract for water tank maintenance: $30,000 Pledged revenue requirement: $156,329 Employee bonus: 2% Health insurance increase: minimal increase

6 Financial Impact: This budget reflects an increase in budgeted expenditures of 0.1% over total expenditures as reported in the most recent audit of the city s financial statements. Recommendation: The City Commission adopt Resolution Suggested Motion: Motion to adopt Resolution Attachment(s): for fiscal year

7 RESOLUTION A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LAKE HELEN, FLORIDA, RELATING TO ITS BUDGET FOR THE FISCAL YEAR; REVISING THE ESTIMATE OF RECEIPTS AND OF BALANCES TO BE BROUGHT FORWARD; APPROVING AN ADJUSTED TENTATIVE GENERAL MUNICIPAL BUDGET; SETTING A HEARING DATE; PROVIDING FOR PUBLICATION OF NOTICE; PROVIDING AN EFFECTIVE DATE. WHEREAS, on July 9, 2015, the City Administrator presented the tentative budget for further consideration by the City Commission; and, WHEREAS, said budget contained estimates of receipts and of balances brought forward as part of the budget presentation; and, WHEREAS, the City Commission wishes to revise the City Administrator s estimates of receipts and of balances to be brought forward based on the most current information available as of the date of this resolution; and, WHEREAS, the City Commission of the City of Lake Helen, Florida, has complied with all conditions precedent to the adoption of an adjusted tentative general Municipal budget; and, WHEREAS, the City Commission as of this date adopted a resolution approving a proposed millage to fund the adjusted tentative general Municipal budget; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF LAKE HELEN, FLORIDA; 1. In accordance with the requirements of Section , Florida Statutes, the City Administrator s estimates of receipts and of balances to be brought forward are revised as set out in the document entitled Summary, City of Lake Helen, Florida Fiscal Year The adjusted tentative general Municipal budget contained in the document entitled Summary, City of Lake Helen, Florida Fiscal Year is hereby approved as adjusted by motion for further consideration at the public hearing established in this resolution. 3. A public hearing will be held to consider the proposed millage rates and final budget for general Municipal purposes on Friday the 11 th of September, A.D., 2015; at 7:00 p.m., or as soon thereafter as the matter may be heard, in the City Commission Chambers, 327 South Lakeview Drive, Lake Helen, Florida. 4. The City Administrator is hereby authorized and directed to prepare and publish all necessary and required notices prior to the hearing established herein, and to provide copies of this resolution to all parties as may be required by applicable law. 5. This resolution shall take effect immediately upon its adoption. DULY ADOPTED in public hearing, this 3rd day of September, A.D., CITY OF LAKE HELEN, FLORIDA ATTEST: Jason Yarborough, City Administrator Buddy Snowden, Mayor APPROVED AS TO FORM AND LEGALITY: Scott Simpson, City Attorney

8 BUDGET SUMMARY City of Lake Helen, Florida Fiscal Year THE PROPOSED OPERATING BUDGET EXPENDITURES OF THE CITY OF LAKE HELEN ARE 0.1% MORE THAN LAST YEAR'S TOTAL OPERATING EXPENDITURES General Fund ESTIMATED REVENUES: GENERAL FUND ENTERPRISE FUND STORMWATER FUND TOTAL ALL FUNDS Taxes: Millage per $1000 Ad Valorem Taxes (95%) , ,000 Taxes - Other 328, ,950 Charges for Services 289, ,806 46, ,663 Intergovernmental Revenue 223, ,152 Fines & Forfeitures 15,262 15,262 Misc. Revenue 28,026 28,026 Licenses & Permits 199, ,258 Total Sources $ 1,788,305 $ 631,806 $ 46,200 $ 2,466,311 Transfers/Grants Fund Balances 16, ,991 TOTAL REVENUES, TRANSFERS & $ 1,805,296 $ 631,806 $ 46,200 $ 2,483,302 BALANCES EXPENDITURES: General Government 796, ,280 Public Safety 443, ,558 Fire Safety 200, ,000 Physical 474,719 34, ,053 Transportation 197, ,919 Cultural/Recreation 167, ,539 Debt Service 135, ,938 Total Expenditures $ 1,805,296 $ 610,657 $ 34,334 $ 2,450,287 Reserve - 21,149 11,866 33,015 - TOTAL APPROPRIATED EXPENDITURES $ 1,805,296 $ 631,806 $ 46,200 $ 2,483,302 The tentative, adopted, and /or final budgets are on file in the City of Lake Helen Administrative Office as a public record. Prepared by Michael G. Wright 8/27/2015 Page 1 of 16

9 General Fund Detail Ad Valorem Taxes-GF 407, , ,000 Millage: Delinquent Ad Valorem Taxes-GF 20,773 2,000 2,000 No change from prior year First Local Option Fuel Tax-GF 31,836 32,875 30,148 Estimate based on history Local Business Tax-GF 5,536 4,500 4,215 Clerk Input County Bus. Tax-GF 1,242 2,000 1,242 Estimate based on history Second Local Option Tax-GF 24,103 24,500 22,484 Estimate based on history Casualty Insur Premium Tax-GF ,000 Estimated contribution Utility Tax Progress Energy-GF 173, , ,000 Estimate based on YTD receipts Utility Service Tax Propane-GF 7,331 7,000 8,428 Estimate based on YTD receipts Communications Service Tax-GF 84,280 85,000 75,433 Estimate based on history Sub Total Taxes $ 756,680 $ 774,496 $ 1,032,950 Prepared by Michael G. Wright 8/27/2015 Page 2 of 16

10 General Fund Detail Bldg Permit Application-GF 5,583 4,250 7,894 Clerk Input Bldg Permit Valuation-GF 15,166 4,500 10,584 Clerk Input Bldg Permit-Misc-GF Tree Permits-GF Clerk Input Plan Review-GF 10,551 4,000 10,000 Clerk Input Yard Sale Permits-GF Clerk Input Impact Fees Residential TRANSPO Clerk Input Franchise Fee Solid Waste-GF 32,410 33,000 30,119 Estimate based on YTD receipts Reinspection Fee-GF Estimate based on history Impact Fees Residential Other-G Clerk Input Impact Fees Residential Public Clerk Input Alarm Permits-GF Clerk Input Sign Permits-GF 1,131 1, Clerk Input FranchiseFeeProgress Energy-GF 143, , ,000 Estimate based on history Sub Total Licenses & Permits $ 210,623 $ 185,660 $ 199, Mobile Home Licenses-GF 5,843 5,950 8,524 Estimate based on history Alcoholic Beverage License-GF Estimate based on history Sales Tax Revenue-GF 126, , ,000 Estimate based on history Municipal Fuel Tax Revenue-GF 1, Estimate based on history Revenue Sharing-GF 89,245 91,404 82,945 Estimate based on YTD receipts Sub Total Intergovernmental Revenue $ 223,035 $ 230,694 $ 223,152 Prepared by Michael G. Wright 8/27/2015 Page 3 of 16

11 General Fund Detail Golf Cart Registration-GF No change from prior year Development Plan Fees-GF - - 9,480 Clerk Input Miscellaneous-GF ,000 2,862 YTD actual-non recurring Rent Fees-Equestrian Stalls-GF Clerk Input Rent Fees-Shuffleboard Court-GF Clerk Input Rental Fees-Melissa Park-GF 1, Clerk Input Rental Fees-Bus-GF Clerk Input Garbage Solid Waste Revenue-GF 252, , ,550 To ensure revenue covers expense Rental Fees Hopkins Hall-GF 5,300 4,000 4,500 Clerk Input Serivce Charges-Parks & Rec-GF Estimate based on history Photocopies-GF Estimate based on history Candidate Filing Fee-GF Clerk Input Notary Service-GF Clerk Input Electricity Revenue-CA (477) - 3,600 Estimate of food ops revenue Rent Revenue-CA - - 9,000 $750 rent X 12 months Sub Total Charges for Services $ 261,348 $ 279,100 $ 289, Police Education - Criminal-GF Estimate based on history Investigative Costs-GF Estimate based on history Traffic Fines-GF 11,386 16,500 12,792 Estimate based on history Animal Control Fees-GF Estimate based on history Police Education Traffic-GF 969 1,100 1,100 Estimate based on history Local Ordinance Fines-GF 1, Estimate based on history Sub Total Fines & Forfeitures $ 14,977 $ 19,050 $ 15,262 Prepared by Michael G. Wright 8/27/2015 Page 4 of 16

12 General Fund Detail Bldg Surcharge-GF Clerk Input GrantsFromOtherGov-CDBG-GF 114,343 59,665 - CDBG funds SBA LGIP Interest-GF 1,986 1,200 1,200 Estimate based on history Cemetery Lots-GF 1, Clerk Input July 4th Vendors-GF Clerk Input July 4th Activities-GF Estimate based on history Market in the Park-GF 4,099 5,000 4,000 Clerk Input Donations-Police GF Estimate based on history Special Events-GF 1,731-15,000 Events Coordinator generated revenu Turkey Shoot Revenues-GF 909 1,000 1,000 Estimate based on history Tax Certificates-Interest-GF Estimate based on history Misc Revenue Filing Fees-GF Clerk Input Other Income Police Dept-GF Estimate based on history Donations-DO 400-4,012 Estimate based on history Donations - July 4th-DO Estimate based on history Sub Total Misc. Revenue $ 127,346 $ 68,565 $ 28, Xfr from Water Utility-GF 9,780 9,860 - Transfer In Transfers from Stormwater fund Transfers from Stormwater fund Fund Balance ,991 Fund Balance Total Revenue $ 1,603,789 $ 1,567,425 $ 1,805,296 Prepared by Michael G. Wright 8/27/2015 Page 5 of 16

13 General Fund Detail Exec Salaries-LE $ 24,274 $ 23,055 $ 23,053 Payroll FICA Taxes-LE 1,867 1,764 1,764 Calculated Retirement Contributions-LE 1,256 1,700 1,558 Calculated Workers' Comp-LE FLC quote Sub Total Personnel Services 27,397 26,579 26, Travel & Perdiem-LE 1,153 2,300 10,200 Clerk Input Printing-LE Clerk Input Advertising-LE ,500 Clerk Input Other Current Charges-LE GL Detail Dues & Subscriptions-LE 885 1,400 1,609 Clerk Input Sub Total Operating Expense 2,570 4,350 14,861 Total LEGISLATIVE $ 29,967 $ 30,929 $ 41,263 Prepared by Michael G. Wright 8/27/2015 Page 6 of 16

14 General Fund Detail Regular Salaries-EX 67,417 65,663 67,056 Payroll FICA Taxes-EX 5,780 5,023 5,130 Calculated Retirement Contributions-EX 14,173 13,881 14,176 Calculated Life & Health Insur-EX 4,910 7,101 7,243 Current year + 15% Workers' Comp-EX - 1, FLC quote Sub Total Personnel Services 92,280 93,579 94, Travel & Perdiem-EX ,257 ICMA and FCCMA Communications-EX Bdgt + Inflation Vehicle Maint-EX Bdgt + Inflation Other Current Charges-EX GL Detail Dues & Subscriptions-EX Bdgt + Inflation Sub Total Operating Expense 1,309 3,350 6,772 Total EXECUTIVE $ 93,589 $ 96,929 $ 101,230 Prepared by Michael G. Wright 8/27/2015 Page 7 of 16

15 General Fund Detail Regular Salaries-AD 36,180 34,402 40,343 Payroll FICA Taxes-AD 2,892 2,644 3,086 Calculated Retirement Contributions-AD 2,767 2,548 2,973 Calculated Life & Health Insur-AD 2,418 2,766 2,821 Current year + 15% Workers' Comp-AD FLC quote Sub Total Personnel Services 44,257 42,450 49, Accounting-AD 29,172 31,000 31, Bdgt + Inflation Travel & Perdiem-AD ,800 FGFOA Conference Other Current Charges-AD 2, ,110 Annualized + inflation Dues & Subscriptions-AD Bdgt + Inflation Sub Total Operating Expense 32,290 31,750 34,632 Total FINANCIAL AND ADMINISTRATIVE $ 76,547 $ 74,200 $ 83, Professional Services-LG 58,738 35,000 35, Bdgt + Inflation LEGAL COUNSEL Prepared by Michael G. Wright 8/27/2015 Page 8 of 16

16 General Fund Detail Regular Salaries-GG 86,137 72,931 74,588 Payroll Overtime-GG 3, Annualized + inflation FICA Taxes-GG 7,270 5,633 5,717 Calculated Retirement Contributions-GG 7,879 5,425 5,497 Calculated Life & Health Insur-GG 16,587 11,901 12,139 Current year + 15% Workers' Comp-GG FLC quote Sub Total Personnel Services 120,922 96,783 98, Professional Services-GG 23,050 25,000 51,711 GL Detail LPG, Quentin, ECT Contracted Services-GG 19,323 12,000 22,151 Annualized + inflation fire, Holder, Sc Contracted Services (Fire)-GG ,000 Annualized + inflation fire, Holder, Sc Travel & Perdiem-GG 2, ,200 FACC Communications-GG 11,942 12,750 12,640 Century Link and cell phones Postage & Freight-GG 893 1, GL Detail Utilities-GG 5,881 6,500 5,843 GL Detail Utilities-Water-GG - 2, Annualized + inflation Utilities-SW 272, , ,419 GL Detail Garbage Rents & Leases-GG 2,175 2,000 3,020 Copier Insurance-GG 18,872 44,932 42,100 FLC quote Bldg Maint-GG 1,782 4,000 17, Bdgt + Inflation; tent city hall Equip Maint-GG 5,898 5,000 6, Bdgt + inflation Printing-GG 633 2, GL Detail Advertising-GG 2,541 2, Annualized + inflation Other Current Charges-GG 4,222 7,500 3,590 GL Detail Office Supplies-GG 3,258 3,500 2,463 GL Detail Operating Supplies-GG 1,939 7,500 6,775 Armchem, Lowes, Southern Equip Operating Supplies-Fuel-GG GL Detail Dues & Subscriptions-GG 2,419 2,750 1,696 Lg of Cities, TPO, Newspaper, ASCAP Sub Total Operating Expense 380, , ,009 Total OTHER GENERAL GOVERNMENTAL $ 501,433 $ 492,015 $ 734,192 Prepared by Michael G. Wright 8/27/2015 Page 9 of 16

17 General Fund Detail Regular Salaries-PD 243, , ,448 Payroll Overtime-PD 7,234 14,000 14, Bdgt + Inflation Reserve Pay-PD 1,153 1,900 1,440 Reserve pay FICA Taxes-PD 24,382 19,702 19,750 Calculated Retirement Contributions-PD 9,768 41,238 49,807 Calculated + contribution Life & Health Insur-PD 38,899 49,594 50,586 Current year + 15% Workers' Comp-PD - 10,376 4,633 FLC quote Professional Services-PD 791 1, Bdgt + Inflation Sub Total Personnel Services 325, , , Contracted Services-PD 8,972 5,000 5,000 Towing, pest control Communications-PD 5,544 5,500 6,550 GL Detail Postage & Freight-PD GL Detail Utilities-PD 5,868 5,800 6,279 GL Detail Utilities-Water-PD Bdgt + Inflation Rents & Leases-PD 1,345 1,500 1,666 Copier and bottled water Bldg Maint-PD 309 1,500 1, Bdgt + Inflation Equip Maint-PD 4,945 8,000 6,520 GL Detail Other Current Charges-PD Annualized + inflation Office Supplies-PD 385 3,000 1,500 Annualized + inflation Operating Supplies-PD 3,443 7,000 2,827 GL Detail Operating Supplies-Fuel-PD 14,696 17,000 17,000 Annualized + inflation Dues & Subscriptions-PD Bdgt + Inflation Training-PD 70 1,000 1, Bdgt + Inflation Sub Total Operating Expense 121, , , Cap Outlay-Equip-PD 30,016 31,000 9,000 CIP Total LAW ENFORCEMENT $ 401,932 $ 469,852 $ 443,558 Prepared by Michael G. Wright 8/27/2015 Page 10 of 16

18 General Fund Detail Regular Salaries-SR 48,061 50,752 51,767 Payroll Overtime-SR 992 2, Annualized + inflation FICA Taxes-SR 4,524 4,108 4,002 Calculated Retirement Contributions-SR 4,251 3,957 3,815 Calculated Life & Health Insur-SR 9,475 13,074 13,335 Current year + 15% Workers' Comp-SR - 4,599 2,053 FLC quote Sub Total Personnel Services 67,303 79,418 75, Contracted Services-SR 26,149 20,000 45,000 Tree removal; disposal fees Communications-SR 1,015 1,400 1,536 GL Detail Utilities-SR 33,359 23,000 34,324 GL Detail Utilities-Water-SR - 2, Annualized + inflation Rents & Leases-SR - 1,500 1,341 B&G Equipment Supply Bldg Maint-SR 10,845 2,500 4,404 GL Detail Equip Maint-SR 11,547 7,500 10,000 Mowers + Nbrs 3 and 6 vehicle repair Other Current Charges-SR Bdgt + Inflation Operating Supplies-SR 7,981 4,500 7,142 GL Detail Operating Supplies-Fuel-SR 9,654 4,500 3,000 Annualized + inflation Road Materials & Supplies-SR 17,163 13,500 15,000 Clifton, Duval Asphalt Dues & Subscriptions-SR GL Detail Sub Total Operating Expense 117,713 80, , Cap Outlay-Infrastructure-SR 295,802 54,885 - CIP Total ROAD AND STREET FACILITIES $ 480,818 $ 214,853 $ 197,919 Prepared by Michael G. Wright 8/27/2015 Page 11 of 16

19 General Fund Detail Regular Salaries-PR 19,698 23,296 23,762 Payroll Overtime-PR 1,429 1, Annualized + inflation FICA Taxes-PR 1,873 1,868 1,852 Calculated Retirement Contributions-PR 1,787 1,800 1,751 Calculated Life & Health Insur-PR 4,961 6,528 6,659 Current year + 15% Workers' Comp-PR - 2,850 1,272 FLC quote Sub Total Personnel Services 29,748 37,462 35, Professional Services-PR GL Detail Contracted Services-PR 19,580 25,000 33,000 GL Detail - Events Coordinator & othe Communications-PR 795 1,300 1,214 GL Detail Utilities-PR 21,482 15,250 15,548 GL Detail Utilities-Water-PR - 5,000 6,408 Annualized + inflation Rents & Leases-PR 2,758 3,750 2,515 B&G Equipment Supply Bldg Maint-PR 8,110 3,500 3,684 GL Detail Equip Maint-PR 23,254 5,500 12,658 GL Detail July 4th Exp-PR 2,700 7,000 5,325 Clerk Input Fireworks & Port-a-Jons Operating Supplies-PR 4,265 7,000 7,524 GL Detail Operating Supplies-Fuel-PR 5,236 5,000 2,967 GL Detail Miscellaneous-PR - 6,000 1,428 GL Detail Other Current Charges-PR 6, GL Detail Turkey Shoot-PR 169 1, GL Detail Sub Total Operating Expense 94,822 85,800 93, Cap Outlay-Equip-PR 11,163 17,710 25,750 CIP Total PARKS AND RECREATION $ 135,733 $ 140,972 $ 154,959 Prepared by Michael G. Wright 8/27/2015 Page 12 of 16

20 General Fund Detail Professional Services-CA 1, GL Detail Contracted Services-CA 2,461 1,000 1,347 GL Detail Communications-CA 983 1,000 1, Bdgt + Inflation Utilities-CA 8,352 5,500 6,089 GL Detail Utilities-Water-CA Annualized + inflation Rents & Leases-CA GL Detail Bldg Maint-CA 3,026 2,000 1,925 Annualized + inflation Equip Maint-CA 2,075 1, GL Detail Other Current Charges-CA 846 1, GL Detail ECHO Expense-CA Bdgt + Inflation Sub Total CAFE $ 20,297 $ 12,675 $ 12,580 Grand Total $ 1,799,054 $ 1,567,425 $ 1,805,296 Prepared by Michael G. Wright 8/27/2015 Page 13 of 16

21 Enterprise Fund Detail Water Sales-UT $ 492,422 $ 474,546 $ 630,946 Pledged revenues = (Net Income + debt svc - Inflation) X 115% Water Meter Installation-UT Estimate based on history Com Water Meter Install-UT Post Delinquent Payment Fee-UT - 4, Service Connection Charge-UT - 1, Bad Check Charge-UT Late Fees-UT 6,619 10, Impact Fees Residential Pysical 2,000 1, Miscellaneous-UT 1, Use of fund balance - 100,000 - Estimate based on history Total Revenue 503, , , Regular Salaries-UT 140, , ,381 Payroll Overtime-UT 2,598 2, Annualized + inflation Annual Leave-UT 10,950 3, Bdgt + Inflation Personal Time Off-UT 11,395 2, Bdgt + Inflation FICA Taxes-UT 12,703 11,398 11,087 Calculated Retirement Contributions-UT 12,412 12,676 12,270 Calculated Life & Health Insur-UT 21,010 20,058 20,459 FLC quote Workers' Comp-UT - 6,749 3,013 FLC quote Unemployment Comp-UT - 1, Sub-Total Personal Services 211, , ,752 Prepared by Michael G. Wright 8/27/2015 Page 14 of 16

22 Enterprise Fund Detail Contracted Services-UT 17,549 14,000 53,418 Annualized + inflation includes $28K fo Professional Services-UT - 5, Accounting-UT 13,675 14,000 9,000 Projected audit costs Travel & Perdiem-UT Communications-UT 2,682 3,000 2,685 GL Detail Postage & Freight-UT 1,460 2,000 2,800 GL Detail Utilities-UT 24,976 29,000 20,238 GL Detail Utilities-Water-UT ,432 Annualized + inflation Rents & Leases-UT 19 1,000 2,165 B&G Equipment Supply Insurance-UT 18,872 18,615 18, Bdgt + Inflation Bldg Maint-UT 4,972 7,000 4,074 GL Detail Equip Maint-UT 11,100 14,000 16,811 GL detail Ex: Pump rewinding Printing-UT 1,202 1, GL Detail Other Current Charges-UT 1,169 5,500 1,796 Bank charges/nsf checks Office Supplies-UT GL Detail Operating Supplies-UT 40,618 54,000 50,000 GL Detail Ex: hydrants, meters, pipe fit Operating Supplies-Chemicals-UT ,000 Annualized + inflation Operating Supplies-Fuel-UT 5,371 4,500 5,185 GL Detail Dues & Subscriptions-UT 842 1,100 1,102 GL Detail Depreciation-UT , Bdgt + Inflation Sub-Total Operating Expenditures 144, , ,967 Total Expense from Personal Services and Operations 356, , , Cap Outlay-Equip-UT - 35,000 - CIP Debt Svc-Interest-UT 135, , ,938 Amort Schedules Addition to fund balance 28,121 21,149 Addition to fund balance Xfr to General Fund-UT 9,780 9,860 - Transfer Out Total Expense 501, , ,806 Prepared by Michael G. Wright 8/27/2015 Page 15 of 16

23 Stormwater Fund Detail Stormwater Management Revenue-S $ 46,200 $ 45,000 $ 46,200 Estimate based on history Regular Salaries-FC 16,940 18,512 18,882 Payroll Overtime-FC 605 1, Annualized + inflation FICA Taxes-FC 1,599 1,494 1,463 Calculated Retirement Contributions-FC 1,531 1,440 1,392 Calculated Life & Health Insur-FC 4,359 4,902 5,000 Current year + 15% Workers' Comp-FC - 1, FLC quote Sub-Total Personal Services 25,034 29,223 27, Accounting-FC - 2,000 2,040 Allocated audit costs Contracted Services-FC 1,800 2,000 1, Bdgt + Inflation Equip Maint-FC 1,138 2,000 1, Bdgt + Inflation Operating Supplies-FC 4,166 1,000 1,031 GL Detail Sub-Total Operating Expenditures 7,104 7,000 6,518 Total Expenditures 32,138 36,223 34,334 Contributions to fund balance 11,866. Transfers - Out Transfer Out $ 46,200 $ 45,000 $ 46,200 Prepared by Michael G. Wright 8/27/2015 Page 16 of 16