1. 2007-2008 Budget City of Palm Coast, Florida City Council Work Session August 7, 2007

2. Topics Budget Overview Staffing Schedule

3. Budget Overview Guiding Principles Fund Types Budget Structure Base Budget Supplemental Budget What does City Council adopt?

4. Guiding Principles We will continue to grow – but revenue is down, so we must slow down. Our plate is full – let’s complete what we’ve started. Budget is a dynamic process. Budget must reflect organizational structure and operations. Maintain Enterprise Funds separately and independently.

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

6. 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 SR 100 Community Re-development CAPITAL PROJECTS FUND

7. Proprietary ENTERPRISE Utility Utility Capital Projects Stormwater Management Solid Waste Tennis Center INTERNAL SERVICE Fleet Management

8. Budget Structure FUND Department Division Salaries Operating Cost Capital Debt Service Grants and Aid Transfers

9. Base Budget How are we doing this year? (Year End Projections) Projected cost for next year to continue existing levels of service.

10. Supplemental Budget City Council Priorities Programs and services the departments would like to have added over their base budget. Projects & Capital Additional staff and related costs

11. City Council Adopts Millage Rate Fund Appropriations Estimated Revenues

12. Staffing – General Fund 2006-07 Change (transfer of positions ) 2006-07 New (Additional) 2007-08 FTPTFTPTFTPTFTPTFTPT MAYOR & COUNCIL 0500050005 ADMINISTRATION 14112026110271 FINANCE 170-7010000 0 COMMUNITY 703-565200 2 PUBLIC WORKS 550-9046000 0 ENGINEERING 709016000 0 CAPITAL PROJECTS 80-80000000 REC & PARKS 20350020351-22133 INFORMATION TECHNOLOGY 1311014100 1 FIRE & RESCUE 48000 0240720 GENERAL FUND 25240-72453926-227137

13. Staffing- Enterprise Fund2006-07 Change (transfer of positions) 2006-07 New (Additional) 2007-08 FTPTFTPTFTPTFTPTFTPT UTILITY 112030115000 0 SOLID WASTE 20-20000000 FLEET 50-20300030 STORMWATER 200-2018000 0 TENNIS 1000102030 ENTERPRISE FUND1400-301370201390

14. Schedule Tues - Aug 7 Budget overview and worksheet handed out Mon - Aug 13Workshop 9:00 – 5:00 Tues - Aug 14Workshop following regular meeting, if needed Tues - Aug 21Workshop following regular meeting, if needed Tues - Sept 4Public Hearing to tentatively adopt Millage Rate and Budget. Tues - Sept 18Public Hearing to adopt final Millage Rate Resolution and Budget Resolution. Fri - Sept 21Forward a copy of the Millage Rate Resolution to the Property Appraiser and the Tax Collector. Thurs - Oct 18Certificate of Conformance sent to State.

15. THE END