PROPOSED BUDGET PRESENTATION CITY COUNCIL WORKSHOP AUGUST 23, 2011

Part I – Regulations and Terminology May 17, 2011 Part II – Revenues June 7, 2011 Part III – Fund Descriptions June 21, 2011 Part IV – Prior Year Budget Reductions July 5, 2011 Part V – General Fund Workshop July 12, 2011 Part VI – General Fund, Capital Projects, Stormwater Workshop July 26, 2011 Part VII – Set Proposed Millage Rate August 2, 2011 Part VIII – Proprietary, Special Revenue, and Capital Project Funds August 9, 2011 Schedule

OVERVIEW

Fund Types GOVERNMENTAL General Fund Special Revenue Funds Capital Project Funds PROPRIETARY Enterprise Funds Internal Service Funds

Governmental GENERAL FUND SPECIAL REVENUE FUNDS CDBG Fund Police Education Police Automation Disaster Reserve Recycling Revenue Streets Improvement Park Impact Fee Fire Impact Fee Development Special Projects Transportation Impact Fee Neighborhood Stabilization OKR Special Assessment SR 100 Community Re-development CAPITAL PROJECTS FUND

Proprietary ENTERPRISE FUNDS Utility Utility Capital Projects Stormwater Management Solid Waste Tennis Center Golf Course Information Technology & Communications Building Permits & Inspections INTERNAL SERVICE FUND Fleet Management Health Insurance Fund

City Council Adopts Millage Rate Fund Appropriations Estimated Revenues

Budget Goals and Proposals Shift revenue from Streets Improvement Fund to the Stormwater Fund Diversify Stormwater funding Reestablish millage rate for capital projects (Stormwater) Lower millage rate from the proposed millage rate Cut additional expenditures supported by property tax without major impact on services No new taxes

MILLAGE RATE

Fiscal YearProperty Value Operating MillageCapital MillageTotal Millage Ad Valorem Receipts 2001$ 1,594,214, $ 4,882, ,773,378, ,981, ,983,740, ,539, ,404,239, ,855, ,107,581, ,207, ,444,854, ,632, ,239,994, ,603, ,009,877, ,184, ,131,965, ,602, ,246,998, ,828, ,463,085, ,048, ,893,483, ,000,700 Change (2,346,511,339)1.0400(0.3000)0.7400(4,603,106) Percentage Change-37.6%41.6%-40.0%22.8%-23.5% Millage Rate History

$1,430, $3,423, $ 122, $2,969, $ 251,800 5-Year Decrease- $8,197,050 Impact on Existing Taxpayers

2012 MILLAGE RATE OPTIONS Current Rate Revenue Policy Operating Rate Proposed Rate Proposed TRIM Rate Flat Property Tax Revenue Rate Proposed Budget Rate Rollback Rate Majority Vote Rate

STAFFING Yr Change 4-Yr Total Change GENERAL FUND ENTERPRISE FUNDS TOTALS

GENERAL FUND

Revenues

$33.2M $31.8M $32.2M $30.6M $26.5M $25.8M General Fund Budget Comparisons

ENTERPRISE FUNDS

Fleet Management Fund - 1 of 2 FY 12FY 13FY14FY 15FY 16 FLEET:. Community Relations $15,200 Financial Services$21,200 Planning$42,100 Code Enforcement$14,000$185,000 Fire$682,400$28,000 Streets$121,348$1,286,600$128,700$153,300$431,500 Facilities Maintenance$25,600 Parks/Facilities$98,000$64,800$26,700$25,000 Engineering $76,300 Utility Administration$23,041$107,300 Utility Maintenance$89,242$114,500 Wastewater Collection$71,521$979,200$203,000$63,800$60,700

Fleet Management Fund - 2 of 2 FY 12FY 13FY14FY 15FY 16 FLEET (continued):. Recreation/Athletics$14,000 Wastewater Treatment$63,500$75,900 Water Plant #1$93,100 Water Plant #2$29,900 Water Plant #3$27,700$19,100 Water Quality$22,000$78,500 Water Distribution$373,340$223,200$80,100 Stormwater Management$18,278$94,600$137,500 Building Permits & Inspections$139,900 Golf Course$49,600$49,400$214,200 Information Technology & Communications $36,400 Fleet Management$82,600

CAPITAL FUNDS

Park Impact Fee Fund FY 12FY13FY 14FY 15FY 16 Trails Graham Swamp Trail$5,000 $250,000$2,550,000

Fire Impact Fee Fund FY 12FY 13FY14FY 15FY 16 Fire Station # 26 – Seminole Woods$150,000

Transportation Impact Fee Fund FY12FY 13FY 14FY 15FY 16 Whiteview Overpass $50,000$300,000 Belle Terre Parkway- Royal Palms Parkway to SR 100 Belle Terre Parkway- Palm Coast Parkway to Pine Lakes Parkway $150,000$500,000 Whiteview Parkway 4 Laning

OKR Special Assessment Fund FY 12FY 13FY14FY15FY16 South Old Kings Road 4 Laning

Streets Improvement Fund 1 of 2 FY 12FY13FY 14FY 15FY 16 Street Paving and Resurfacing $726,400 $2,098,300$2,203,200$2,313,400$2,429,000 Royal Palms Parkway Phase III $200,000$600,000$300,000 Intersection/Turn Lane Improvements $50,000 $350,000$50,000$350,000 Traffic Signals $470,000 $270,000 Palm Harbor Extension $300,000 $1,100,000 Palm Coast Parkway 6-Laning $1,625,000$9,025,000

Streets Improvement Fund 2 of 2 FY 12FY13FY 14FY 15FY 16 Old Kings Road Extension $1,350,000$1,600,000$5,000,000 North Old Kings Road 4-Laning $2,000,000$50,000$7,300,000$7,600,000 North Pine Lakes Parkway Improvements $2,200,000 Whiteview Parkway Shoulders Bridge Rehabilitation $1,050,000$150,000$300,000$850,000$1,000,000

Capital Projects Fund 1 of 2 FY 12FY13FY 14FY 15FY 16 Fire Station #22 Replacement $1,000,000$1,400,000 Industrial Park Holland Park Renovation$20,000$1,470,000$1,400,000 Indian Trails Sports Complex $430,000 Sidewalks and Bike Paths $4,695,000$200,000$2,000,000$700,000

Capital Projects Fund 2 of 2 FY 12FY13FY 14FY 15FY 16 Parkway Beautification$200,000 Longs Landing$425,000 Park Renovation$75,000 City Hall Training and Safety Facility

SR100 CRA Fund FY 12FY13FY 14FY 15FY 16 Bulldog Drive$1,500,000$3,650,000 Midway$750,000 Central Park $1,000,000

Utility Capital Projects Fund 1 of 2 FY 12FY13FY 14FY 15FY 16 Wellfield & Wells$1,750,000$750,000$1,200,000$200,000 Water Mains$50,000 Distribution System Improvement $75,000 Water Treatment Plant #1$20,000$250,000 Water Treatment Plant #2$1,980,000$6,000,000 Water Treatment Plant #3$250,000$50,000 Utility Land Acquisition General Plant R&R Water$300,000$250,000 Misc Utility Services$26,000$49,000$14,000$44,000$14,000 Wastewater Treatment Plant #1 $50,000$3,500,000$3,000,000 Wastewater Treatment Plant #3

Utility Capital Projects Fund 2 of 2 FY 12FY13FY 14FY 15 FY 16 Lift Stations & Pump Stations $850,000$1,005,000$1,805,000$655,000$155,000 Force Mains$150,000$200,000$500,000 Reclaimed Water$600,000$1,700,000 PEP System$200,000$300,000$350,000 Wastewater Treatment Plant #2 $6,910,000$12,630,000$1,000,000 General Plant R&R Wastewater $350,000$250,000 Beachside Sewer System $1,950,000$1,500,000 Coquina Coast Sea Water Desalination

STORMWATER UTILITY CAPITAL PROJECTS FUND FY 12FY13FY 14FY 15FY 16 Swale Rehabilitation Program $525,600$551,900$579,500$608,500$638,900 Valley Gutter Improvements $75,000$78,000$81,100$84,300$87,700 Pipe Replacement$1,710,000$1,795,500$1,885,300$1,979,600$2,078,600 Control Structure Rehab$355,600$506,000$517,000$528,000$539,000

SUMMARY

City of Palm Coast Budget (1 of 2) General Fund$ 25,762,000 Police Education Fund22,800 Police Automation Fund294,500 Disaster Reserve Fund2,231,500 Recycling Revenue Fund310,200 Streets Improvement Fund12,461,600 Park Impact Fee Fund793,100 Fire Impact Fee Fund189,600 Development Special Projects Fund1,548,000 Transportation Impact Fee Fund962,800 Neighborhood Stabilization1,583,700 SR100 Community Redevelopment Fund3,024,074 OKR Special Assessment Fund261,308

City of Palm Coast Budget (2 of 2) Capital Projects Fund 6,698,700 Utility Fund30,160,495 Utility Capital Projects Fund5,704,941 Solid Waste Fund7,605,000 Stormwater Management Fund7,474,910 Building Permits & Inspections1,507,334 Golf Course Fund1,668,100 Tennis Center Fund305,800 Information Technology & Communications2,906,036 Health Insurance Fund3,155,000 Fleet Management Fund3,785,996 Sub-Total Budget$120,417,494 Less: Interfund Transfers and Charges$14,420,661 Total Budget$106,296, Comparison$175,887,646

Budget Schedule September 14 – First public hearing and tentative adoption of the 2012 millage rate and budget September 27 – Final public hearing and final adoption of the 2012 millage rate and budget

THANK YOU