1. Christopher M. Quinn, MACC, CPA, CFE, CGFO, CGMA Finance Director Lina Williams Budget & Financial Analyst Wednesday, September 9 th 2015

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  FY 2016 Budget Input Begins for Departments May  Annual Update of the Strategic Action Plan  Fund Accounting Presentation  Revenue Source Presentation June  Long Term Financial Planning Presentation  Property Tax Presentation

3. Budget Preparation Timeline July  General Fund Overview  Adopt Maximum Millage Rate  General Fund Budget Workshop  Third Quarter Review August  Proprietary, Special Revenue & Capital Fund Budget Workshop  Final Proposed Budget Presentation September  Public Hearing to Adopt Tentative Millage Rate & Budget  Public Hearing to Adopt Final Millage Rate & Budget October – November  FY 2015 Year End Close-out November – December  End of Year Review  Citizen’s Survey

4. Millage Rate History FY 2016 Taxable Value is $4,142,103,986 (6.42% increase over FY 2015)

5. 2016 TRIM Rate

6. Personnel

7. Personnel

8. General Fund

9. Enterprise Funds  Primarily supported by user fees  Enterprise Funds:  Solid Waste Fund  Information Technology Fund  Building Permits Fund  Utility Fund  Stormwater Management Fund

10. Solid Waste Fund *Solid Waste services contracted with Waste Pro. Contract ends May 31, 2017.

11. Information Technology Fund

12. Building Permits Fund

13. Utility Fund

14. Stormwater Fund

15. Stormwater Capital Improvement Fund

16. Capital Improvement Program (CIP)  Utility Capital Improvement Fund  Capital Projects Fund  Streets Improvement Fund  Recreation Impact Fee Fund  Fire Impact Fee Fund  Transportation Impact Fee Fund  Development Special Projects Fund  SR100 CRA Fund

17. Utility Capital Improvement Fund

19. Capital Projects Fund

20. *Items in blue at least partially funded by grants

21. Capital Projects Fund

22. Streets Improvement Fund

23. *Items in blue at least partially funded by grants

24. Recreation Impact Fee Fund

25. Fire Impact Fee Fund

26. Development Special Projections Fund

27. Transportation Impact Fee Fund

28. SR100 CRA Fund

29. Special Revenue Funds  CDBG Fund  Police Education Fund  Police Automation Fund  Disaster Reserve Fund  Special Events Fund  Neighborhood Stabilization (NSP) Fund  Old Kings Road Special Assessment Fund  BAC Fund

30. CDBG Grant Fund

31. Police Education Fund

32. Police Automation Fund *Change effective 2015: Flagler County is now retaining revenue for use towards the county-wide emergency communication system

33. 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.

34. Special Events Fund

35. NSP Grant Fund

36. NSP 3 Grant Fund

37. OKR Special Assessment Fund

38. BAC Fund

39. Internal Services Fund  Supported by internal charges for service  Internal Services Funds:  Health Insurance Fund  Fleet Fund  Facilities Fund (New for FY 16)

40. Health Insurance Fund

41. Facilities Maintenance Fund

42. Fleet Fund

43. Fleet Fund Capital Expenditures FY 2016

44. Fleet Fund - Capital Improvement Plan

45. 2016 Budget Summary

46. 2016 Budget Summary (continued)

47. What’s Next? September 23 rd 5:05pm - Final Public Hearing to adopt final millage and budget