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. Total City Revenues 2014 Projected vs. 2015 Proposed

5. Services Provided through Property Taxes 2014 Projected vs. 2015 Proposed

7. Millage Rate History Fiscal YearProperty ValueOperating MillageCapital MillageTotal Millage Ad Valorem Receipts 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 20143,690,312,8574.1932.07734.270515,203,633 20153,895,717,8144.1609.08414.245015,963,477 Change 2008-2014(3,114,159,607)1.9486(.6659)1.2827(4,220,863) Percentage Change(44%)---(21%)

8. 2015 Maximum Millage Rate

10. City-Wide Personnel

11. Personnel per 1,000 Population *Based on BEBR population estimates for 2009-2014

13. General Fund Totals

15. Solid Waste Fund

16. Information Technology Fund

17. Building Permits Fund

18. Utility Fund

19. Utility Fund Water Operations Summary

20. Stormwater Fund

22. CDBG Grant Fund

23. Police Education Fund FY 2015 request will cover the cost of tuition and lodging for advanced and specialized training which includes Strategies in Sex Assault Investigation, Advanced Crime Scene Response and Investigation, Advanced Narcotics Identification and Detection, Tactical Narcotics Technician training, Specialized Criminal Intelligence, Crime Prevention, Firearms, Defensive Tactics and more.

24. Police Automation Fund 2014 Expenditures: Lapel cameras for officers ($76,500) *2015 Changes: Flagler County is now retaining revenue for use towards the county-wide emergency communication system

25. 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.

26. Special Events Fund

27. NSP 1 Grant Fund

28. NSP 3 Grant Fund

29. OKR Special Assessment Fund

30. BAC Fund

32. Health Insurance Fund

33. Fleet Fund

35. Utility Capital Improvements Fund *Items in blue at least partially funded by grant

36. Utility Capital Improvements Fund *Items in blue at least partially funded by grant

37. Stormwater Fund Capital Improvement Program

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

39. Streets Improvement Fund *Items in blue at least partially funded by grants

40. Recreation Impact Fee Fund

41. Fire Impact Fee Fund

42. Development Special Projects Fund

43. Transportation Impact Fee Fund

44. SR100 CRA Fund

45. Capital Projects Fund *Items in blue at least partially funded by grants

47. City of Palm Coast Budget (1 of 2) General Fund$ 29,337,443 CDBG Fund696,439 Police Education Fund30,000 Police Automation Fund145,000 Disaster Reserve Fund2,177,207 Special Events Fund249,850 Streets Improvement Fund21,075,495 Recreation Impact Fee Fund300,000 Fire Impact Fee Fund83,447 Development Special Projects Fund580,000 Transportation Impact Fee Fund988,000 Neighborhood Stabilization Fund100,000 Business Assistance Center Fund70,225 SR100 Community Redevelopment Fund1,535,988

48. City of Palm Coast Budget (2 of 2) OKR Special Assessment Fund389,435 Capital Projects Fund 12,382,353 Utility Fund33,823,780 Utility Capital Projects Fund12,919,000 Solid Waste Fund7,373,520 Stormwater Management Fund7,762,071 Building Permits & Inspections Fund2,730,683 Information Technology & Communications Fund2,563,605 Health Insurance Fund3,381,245 Fleet Management Fund4,850,129 Sub-Total Budget$145,544,915 Less: Interfund Transfers and Charges$16,313,143 Total Budget$129,231,772

49. 2015 Adopted Millage Rate Proposal

50. Recommended Millage Rate

51. Tentative Budget Schedule September 23 rd – (5:05pm) Final Public Hearing to adopt final millage and budget Please Note Date Changes