Adopted Budget Summary for FY 22/23
FY 22/23 BUDGET SUMMARY | |||
General Fund: | Revenues | ||
5.3 Mills | Ad Valorem | $ 5,764,807 | 69.89% |
Sales & Use Taxes | $ 400,734 | 4.86% | |
Charges for Services | $ 311,461 | 3.78% | |
Intergovernmental Revenue | $ 106,168 | 1.29% | |
Fines & Forfeitures | $ 25,500 | 0.31% | |
Licenses, Permits, & Fees | $ 816,673 | 9.90% | |
Interest Earnings | $ 26,509 | 0.32% | |
Misc: Grants & Reimbursements | $ 205,734 | 2.49% | |
Reserves | $ 483,239 | 5.86% | |
Transfers In | $ 106,995 | 1.30% | |
Total Revenue | $ 8,247,820 | 100.00% | |
Expenditures | |||
Legislative (includes $117,000 transfer out) | $ 310,464 | 3.76% | |
Administration (includes $39,583 transfer out) | $ 845,953 | 10.26% | |
Legal | $ 240,000 | 2.91% | |
Planning & Zoning | $ 372,488 | 4.52% | |
Information Technology | $ 704,949 | 8.55% | |
Police | $ 1,739,923 | 21.10% | |
Fire (includes $25,000 transfer to capital reserve) | $ 2,006,690 | 24.33% | |
Building & Code | $ 937,832 | 11.37% | |
Public Works (includes $25,000 transfer to capital reserve) | $ 668,375 | 8.10% | |
Parks & Recreation | $ 421,146 | 5.11% | |
Total Expenditures | $ 8,247,820 | 100.00% | |
Special Funds: | |||
Old Gas Tax | $ 85,000 | ||
New Gas Tax | $ 47,685 | ||
Donations | $ 1,200 | ||
Tree Bank | $ 4,000 | ||
Sidewalk | $ 7,500 | ||
Parks & Recreation | $ 5,395 | ||
Community Center | $ 27,110 | ||
Historical Museum | $ 81,969 | ||
Police Education | $ 4,000 | ||
Stormwater Improvements Loan Repayment | $ 156,586 | ||
Town Hall Loan Repayment | $ 328,360 | ||
Land Acquisition Fund | $ 525,676 | ||
Capital Fire Equipment | $ 201,643 | ||
Capital Facility Maintenance | $ 25,000 | ||
Ponce de Leon Sewer Project | $ 122,747 | ||
Relief Funds | $ 1,125,706 | ||
South Peninsula Drive Sidewalk Project | $ 818,574 | ||
Water Operating & Maintenance | $ 1,603,022 | ||
Refuse | $ 438,192 | ||
Sewer | $ 1,085,950 | ||
Water Expansion | $ 39,522 | ||
Water System Improvements Loan Repayment | $ 62,000 | ||
Total Special Funds | $ 6,796,837 |
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