1. Christopher M. Quinn, MACC, CPA, CFE, CGFO, CGMA Finance Director Lina Williams Budget & Financial Analyst

2. Budget Preparation Timeline FebruaryPrevious fiscal year audit report and final operating results submitted to City Council March – JunePresentation of National Citizen’s Survey results to City Council Infrastructure capital improvement program 10 year project schedule and funding report submitted to City Council Individual budgets prepared by departments and reviewed with Finance and City Manager 2012 Annual Progress Report delivered to City Council June 11Current fiscal year budget to date presentation to City Council June 18Budget Primer presentation

3. Budget Preparation Timeline July 2Property Tax Overview presentation July 9Preliminary General Fund budget workshop July 16Maximum Millage Rate presentation July 30Proprietary Fund budget workshop AugustStrategic Action Plan Revised August 13Internal Services, Special Revenue & Capital Projects Presentation August 27Final Budget presentation to City Council September 4Public hearing to set tentative millage rate and tentatively adopt budget September 18Public Hearing to adopt final millage rate and budget

4. Total City Revenues Fiscal Year 2013 Budget

5. Services Provided through Property Taxes Fiscal Year 2013 Budget

7. Millage Rate History Fiscal YearProperty ValueOperating MillageCapital MillageTotal Millage Ad Valorem Receipts 2002 1,773,378,8653.15000.35003.50000 5,981,827 2003 1,983,740,6283.05000.35003.40000 6,539,567 2004 2,404,239,1113.05000.35003.40000 7,855,523 2005 3,107,581,0902.90000.50003.40000 10,207,899 2006 4,444,854,9282.40001.00003.40000 14,632,296 2007 6,239,994,4892.50000.75003.25000 19,603,806 2008 7,009,877,4212.21230.75002.96234 20,184,340 2009 6,131,965,1692.61230.35002.9623 17,602,781 2010 5,246,998,1873.15000.35003.5000 17,828,406 2011 4,463,085,5503.5000- 15,048,300 20123,891,594,1263.54000.45003.9900 15,000,700 20133,646,122,0214.15020.14564.2958015,120,750 Change 2008-2013(3,363,755,400)1.94(.60)1.33(5,063,590) Percentage Change(48%)---(25%) 2014 Taxable Value $3,689,298,781 * Percentage Change 2013-2014 1.012%

8. Millage Rate Options

9. 2013 Millage Rates Survey of Cities between 60K-90K Population 18 Cities with Millage Lowest Rate 2.0000Weston Second Lowest3.4100Boca Raton Third Lowest4.2958Palm Coast Source for Population: Office of Economic & Demographic Research Source for Millage Rates: State of Florida, Division of Revenue

10. CityMillage RateTaxable ValueTax Collected Weston**2.0000$6.5 Billion$13 Million Boca Raton**3.4100$16.6 Billion$50 Million Palm Coast4.2958$3.6 Billion$15 Million 2013 Millage Rates **Both Boca Raton and Weston collect Utility Tax and Franchise Fees in addition to Property Taxes

11. 2014 Millage Rate Proposal

13. City-Wide Personnel

14. Personnel per 1,000 Population

16. General Fund Totals

18. Solid Waste Fund

19. Golf Course Fund

20. Tennis Center Fund

21. Information Technology & Communications Fund *Video Team moved to Communications & Marketing Department

22. Building Permits & Inspections Fund *Scanning Clerk moved from Code Enforcement

23. Utility Fund New Equipment: Wastewater Operations - Mini Excavator ($55k), Sewer Service Jetter Trailer ($12.5k) *Additional personnel related to ZLD

24. Stormwater Fund

26. CDBG Grant Fund

27. Police Education Fund

28. Police Automation Fund 2013 Expenditures: Defibrillators for police vehicles ($121k) 2014 Budgeted Expenditures: Black box technology (automated dispatch of emergency calls) ($33k) In car video cameras for Palm Coast patrol vehicles ($50k)

29. Disaster Reserve Fund Disaster Reserve Fund Balance Policy The Disaster Reserve can be used to address unanticipated expenditures arising out of a hurricane, tornado, other major weather related events, and/or other massive infrastructure failures or other disasters, whether man-made or caused by nature, using emergency procedures as provided for in the City's Purchasing Policy.

30. Special Events Fund

31. NSP 1 Grant Fund

32. NSP 3 Grant Fund

33. OKR Special Assessment Fund

34. BAC Fund

36. Health Insurance Fund

37. Fleet Fund

39. Utility Capital Improvements Fund *Item in blue funded by grant

40. Streets Improvement Fund *Items in blue funded by grants

41. Park Impact Fee Fund

42. Fire Impact Fee Fund

43. Transportation Impact Fee Fund

44. Development Special Projects Fund

45. SR100 CRA Fund

46. Capital Projects Fund *Item in blue funded by grants

48. City of Palm Coast Budget (1 of 2) General Fund$ 26,863,408 CDBG Fund750,815 Police Education Fund19,300 Police Automation Fund213,000 Disaster Reserve Fund2,207,617 Special Events Fund290,600 Streets Improvement Fund13,672,300 Park Impact Fee Fund266,080 Fire Impact Fee Fund48,358 Development Special Projects Fund580,000 Transportation Impact Fee Fund748,800 Neighborhood Stabilization Fund1,900,000 Business Assistance Center Fund65,225 SR100 Community Redevelopment Fund6,049,751

49. City of Palm Coast Budget (2 of 2) OKR Special Assessment Fund390,000 Capital Projects Fund 5,155,000 Utility Fund32,925,750 Utility Capital Projects Fund15,976,000 Solid Waste Fund7,400,000 Stormwater Management Fund7,776,233 Building Permits & Inspections Fund1,423,212 Golf Course Fund1,525,960 Tennis Center Fund327,385 Information Technology & Communications Fund2,891,610 Health Insurance Fund3,270,245 Fleet Management Fund4,387,163 Sub-Total Budget$137,123,812 Less: Interfund Transfers and Charges$14,470,800 Total Budget$122,653,012

50. Recommended Millage Rate

51. Total City Revenues 2013 Projected Vs. 2014 Budget

52. Services Provided through Property Taxes 2013 Projected Vs. 2014 Budget

54.  September 4 th & 18 th (Wednesdays at 5:05pm) Public hearings to adopt millage rate resolution and budget resolution Budget Schedule