1. 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. Enterprise Funds  Primarily supported by user fees  Enterprise Funds:  Solid Waste Fund  Golf Course Fund  Tennis Center Fund  Information Technology Fund  Building Permits Fund  Utility Fund  Stormwater Management Fund

5. Solid Waste Fund

6. Golf Course Fund

7. Tennis Center Fund

8. Tennis Center Fund Projected Future Financial Performance (as presented to City Council on 7/9/2012) Note: Projections indicate PCTC will start to breakeven starting in 2018-2019

9. Information Technology Fund

10. Building Permits Fund

11. Utility Fund

12. Utility Fund Water Operations Summary

13. Utility Capital Improvements Fund *Items in blue are partially funded by grant revenue

14. Stormwater Fund

15. Stormwater Fund Capital

16. Tentative Budget Schedule August 12 th Budget Workshop – Special Revenue Funds & Capital Funds 26 th - Final Proposed Budget Presentation September 9 th - (5:05pm) Public Hearing to tentatively adopt millage rate and budget 23 rd – (5:05pm) Final Public Hearing to adopt final millage and budget Please Note Date Changes