Financial Documents

Budget Summary

City of Oldsmar - Fiscal Year 2018-2019

Millage Per $1,000

General Fund - 4.05

ESTIMATED REVENUESGENERAL FUNDSPECIAL REVENUEDEBT SERVICECAPITAL PROJECTSENTERPRISE FUNDSTOTAL ALL FUNDS
Taxes (Millage per $1,000)
Ad Valorem Taxes (4.05)
$5,080,000$273,000--
-
$5,353,000
Sales and Use Taxes$222,000-
-
$1,190,000$532,500$1,944,500
Utility Service Taxes$2,119,000-
$169,030-
-
$2,288,030
Permits/Fees/Special Assessments$1,715,500$200,000-
-
-
$1,915,500
Intergovernmental Revenue$2,169,085$442,000-
$1,800,000$10,500$4,421,585
Charges for Services$438,000-
-
-
$11,438,500$11,876,500
Fines and Forfeitures$143,000-
-
-
-
$143,000
Miscellaneous Revenue$991,100$39,000-
$20,000$129,000$1,179,100
Other Financing Sources-
-
-
$1,450,000$2,430,000$3,880,000
TOTAL SOURCES$12,877,685
$954,000$169,030$4,460,000$14,540,500$33,001,215
Transfers In-
-
-
$150,000-
$150,000
Fund Balance/Reserves/Net Assets$2,000,000$434,000-
$210,000$286,265$2,930,265
TOTAL REVENUES, TRANSFERS & BALANCES$14,877,685$1,388,000$169,030$4,820,000$14,826,765$36,081,480
Budget Summary Revenues


EXPENDITURES
GENERAL FUND
SPECIAL REVENUE
DEBT SERVICE
CAPITAL PROJECTS
ENTERPRISE FUNDS
TOTAL ALL FUNDS
General Government$4,186,085-
-
-
$876,355$5,062,440
Public Safety$4,422,065$315,000-
-
-
$4,737,065
Physical Environment-
-
-
-
$11,598,165$11,598,165
Transportation$1,139,655-
-
$3,820,000-
$4,959,655
Debt Services-
-
$169,030-
$693,865$862,895
Economic Environment-
$229,400-
-
-
$229,400
Culture/Recreation$3,902,735-
-
$1,000,000-
$4,902,735
TOTAL EXPENDITURES$13,650,540$544,400$169,030$4,820,000$13,168,385$32,352,355
Transfers Out-
$150,000-
-
-
$150,000
Fund Balance/Reserves/Net Assets$1,227,145$693,600-
-
$1,658,380$3,579,125
TOTAL APPROPRIATED EXPENDITURES TRANSFERS, RESERVES & BALANCES$14,877,685$1,388,000$169,030$4,820,000$14,826,765$36,081,480
Budget Summary Expenditures

Budget Resolutions 2018 - 2019

  1. Adopted Budget
  2. CRA Budget Amendment
  3. February Budget Amendment

Resolution 2018-18

A RESOLUTION OF THE CITY OF OLDSMAR, FLORIDA, ADOPTING THE BUDGET APPROPRIATIONS FOR THE CITY OF OLDSMAR FOR THE YEAR BEGINNING OCTOBER 1, 2018, AND ENDING   SEPTEMBER 30, 2019.

            WHEREAS, the  City  Council of the  City of  Oldsmar,  Florida, has reviewed the proposed appropriations for the City of Oldsmar for the Fiscal Year beginning October 1, 2018, and ending September 30, 2019; and

            NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OLDSMAR, FLORIDA, IN SESSION DULY AND REGULARLY ASSEMBLED, AS FOLLOWS:

          Section 1.  That the City Council of the City of Oldsmar, Florida, does hereby establish the appropriations for the Fiscal Year beginning October 1, 2018 and ending September 30, 2019, as follows. (See attached "Schedule A”, Pages 1-8):

FUNDBUDGET APPROPRIATIONS

GENERAL FUND

$14,877,685

PUBLIC SAFETY IMPACT FUND

$315,000

PARKLAND DEDICATION FUND

$220,500

MULTIMODAL IMPACT FUND

$70,500

COMMUNITY REDEVELOPMENT AGENCY FUND

$782,000

DEBT SERVICE – VETERAN’S MEMORIAL PARK

$169,030

CAPITAL IMPROVEMENT FUND

$4,820,000

WATER & SEWER OPERATING FUND

$9,796,000

WATER & SEWER IMPACT FUND

$176,000

STORMWATER UTILITY FUND

$2,095,265

SOLID WASTE FUND

$2,759,500

TOTAL BUDGET APPROPRIATIONS

$36,081,480

Resolution 2018-18 Budget Appropriations


            Section 2.  That all purchase orders for materials and services that remain open at year end (FY 17/18) are to become supplemental appropriations in the respective departmental accounts in the fiscal year ending  September  30,  2019, unless canceled.

            Section 3.  That this Resolution shall become effective immediately upon adoption.

PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF OLDSMAR, FLORIDA, THIS 18TH DAY OF SEPTEMBER, 2018.

Note: This resolution was signed by Mayor Doug Bevis, attested by City Clerk Ann Nixon, and approved as to form by City Attorney Thomas J. Trask.

Schedule A

CITY OF OLDSMAR

ANNUAL BUDGET

FISCAL YEAR ENDING SEPTEMBER 30, 2019

GENERAL FUND

REVENUE
AMOUNT
AD VALOREM TAXES$5,080,000
UTILITY TAXES$1,369,000
OTHER TAXES$800,000
BUSINESS TAX RECEIPTS$172,000
BUILDING PERMITS$298,000
FRANCHISE FEES$1,400,000
OTHER PERMITS$17,500
GRANTS-
STATE SHARED REVENUE$1,432,440
SHARED REVENUES-LOCAL UNITS$736,645
GENERAL GOV CHARGES FOR SERVICES$25,000
PUBLIC SAFETY$32,000
PHYSICAL ENVIRONMENT$142,000
CULTURE-RECREATION$239,000
FINES & FORFEITURE$100,000
LIBRARY & ORDINANCE VIOLATION FEES$43,000
INVESTMENT EARNINGS$150,000
RENTS AND ROYALTIES$95,000
SALE OF SURPLUS ASSETS$85,000
CONTRIBUTIONS$61,100
MISCELLANEOUS REVENUE$600,000
INTERFUND ADVANCE REPAYMENT-
APPROPRIATED RESERVE$2,000,000
TOTAL REVENUES$14,877,685
General Fund Revenues


EXPENDITURESAMOUNT
PERSONAL SERVICES$47,950
OPERATING$107,365
CAPITAL OUTLAY-
TOTAL CITY COUNCIL$155,315
General Fund City Council Expenditures


EXPENDITURESAMOUNT
PERSONAL SERVICES$382,980
OPERATING$45,220
CAPITAL OUTLAY$2,500
TOTAL CITY MANAGER$430,700
General Fund City Manager Expenditures


EXPENDITURESAMOUNT
PERSONAL SERVICES$229,655
OPERATING$74,565
CAPITAL OUTLAY-
TOTAL CITY CLERK$304,220
General Fund City Clerk Expenditures


EXPENDITURESAMOUNT
OTHER OPERATING$199,275
TOTAL LEGAL COUNSEL$199,275
General Fund Legal Counsel Expenditures


EXPENDITURESAMOUNT
PERSONAL SERVICES$562,285
OPERATING$436,560
CAPITAL OUTLAY-
TOTAL PLANNING & REDEVELOPMENT$998,845
General Fund Planning & Redevelopment Expenditures


EXPENDITURESAMOUNT
OPERATING$1,753,590
CAPITAL OUTLAY-
TOTAL LAW ENFORCEMENT$1,753,590
General Fund Law Enforcement Expenditures


EXPENDITURESAMOUNT
PERSONAL SERVICES$1,944,315
OPERATING$265,345
CAPITAL OUTLAY$8,000
TOTAL FIRE RESCUE$2,217,660
General Fund Fire Rescue Expenditures


EXPENDITURESAMOUNT
PERSONAL SERVICES$412,280
OPERATING$38,535
CAPITAL OUTLAY-
TOTAL TECHNICAL SERVICES$450,815
General Fund Technical Services Expenditures


EXPENDITURESAMOUNT
PERSONAL SERVICES$370,670
OPERATING$461,500
CAPITAL OUTLAY$102,000
TOTAL STREETS$934,170
General Fund Streets Expenditures


EXPENDITURESAMOUNT
PERSONAL SERVICES$646,275
OPERATING$149,115
CAPITAL OUTLAY$90,000
TOTAL LIBRARY$885,390
General Fund Library Expenditures


EXPENDITURESAMOUNT
PERSONAL SERVICES$633,945
OPERATING$318,520
CAPITAL OUTLAY$244,500
TOTAL PARKS$1,196,965
General Fund Parks Expenditures


EXPENDITURESAMOUNT
PERSONAL SERVICES$529,275
OPERATING$216,075
CAPITAL OUTLAY$18,500
TOTAL RECREATION$763,850
General Fund Recreation Expenditures


EXPENDITURESAMOUNT
PERSONAL SERVICES$434,875
OPERATING$218,760
CAPITAL OUTLAY$165,000
TOTAL OLDSMAR SPORTS COMPLEX$818,635
General Fund Oldsmar Sports Complex Expenditures


EXPENDITURESAMOUNT
PERSONAL SERVICES$138,535
OPERATING$59,360
CAPITAL OUTLAY$40,000
TOTAL COMMUNICATIONS, MARKETING AND THE ARTS$237,895
General Fund Communications, Marketing, and the Arts Expenditures


EXPENDITURESAMOUNT
PERSONAL SERVICES$783,760
OPERATING$249,490
CAPITAL OUTLAY$130,000
TOTAL ADMINISTRATIVE SERVICES$1,163,250
General Fund Administrative Services Expenditures


EXPENDITURESAMOUNT
PERSONAL SERVICES$135,550
OPERATING$39,935
CAPITAL OUTLAY$30,000
TOTAL FLEET MAINTENANCE$205,485
General Fund Fleet Maintenance Expenditures


EXPENDITURESAMOUNT
PERSONAL SERVICES$346,465
OPERATING$307,015
CAPITAL OUTLAY$281,000
TOTAL FACILITIES$934,480
General Fund Facilities Expenditures


EXPENDITURESAMOUNT
TRANSFERS-
TOTAL TRANSFERS-
General Fund Interfund Transfers Expenditures


EXPENDITURESAMOUNT
CONTINGENCY RESERVE$1,227,145
TOTAL RESERVE$1,227,145
General Fund Reserve Expenditures


TOTAL GENERAL FUND EXPENDITURES$14,877,685


PUBLIC SAFETY IMPACT FUND

REVENUESAMOUNT
PUBLIC SAFETY IMPACT FEES$30,000
INVESTMENT EARNINGS$1,000
APPROPRIATED RESERVE$284,000
TOTAL REVENUES$315,000
Public Safety Impact Fund Revenues


EXPENDITURESAMOUNT
EQUIPMENT$315,000
TOTAL EXPENDITURES$315,000
Public Safety Impact Fund Expenditures


PARKLAND DEDICATION FUND

REVENUESAMOUNT
PARKLAND DEDICATION FEES$70,000
INVESTMENT EARNINGS$500
APPROPRIATED RESERVE$150,000
TOTAL REVENUES$220,500
Parkland Dedication Fund Revenues


EXPENDITURESAMOUNT
TRANS TO CAPITAL IMPROVEMENT$150,000
RESERVE FOR PARK IMPROVEMENTS$70,500
TOTAL EXPENDITURES$220,500
Parkland Dedication Fund Expenditures


MULTIMODAL IMPACT FUND

REVENUESAMOUNT
MULTIMODAL IMPACT FEES$70,000
INVESTMENT EARNINGS$500
TOTAL REVENUES$70,500
Multimodal Impact Fund Revenues


EXPENDITURESAMOUNT
IMPROVEMENTS-
RESERVE FOR IMPROVEMENTS$70,500
TOTAL EXPENDITURES$70,500
Multimodal Impact Fund Expenditures


COMMUNITY REDEVELOPMENT AGENCY FUND

REVENUESAMOUNT
CURRENT AD VALOREM TAX$273,000
CRA MULTIMODAL IMPACT FEES$30,000
INTERGOV REVENUE-PINELLAS CNTY AD VALOREM$362,000
GRANT FUNDING$80,000
INTEREST ON INVESTMENT$2,000
RENTS AND ROYALTIES$35,000
APPROPRIATED RESERVE-
TOTAL REVENUES$782,000
Community Redevelopment Agency Fund Revenues


EXPENDITURESAMOUNT
OPERATING$125,900
CAPITAL OUTLAY$103,500
RESERVES$552,600
TOTAL EXPENDITURES$782,000
Community Redevelopment Agency Fund Expenditures


DEBT SERVICE - VETERAN'S MEMORIAL PARK

REVENUESAMOUNT
APPROPRIATED RESERVE-
UTILITY TAXES$169,030
TOTAL REVENUES$169,030
Debt Service - Veteran's Memorial Park Revenues


EXPENDITURESAMOUNT
DEBT SERVICE - PRINCIPAL$156,000
DEBT SERVICE - INTEREST$13,030
TOTAL EXPENDITURES$169,030
Debt Service - Veteran's Memorial Park Expenditures


CAPITAL IMPROVEMENT FUND

REVENUESAMOUNT
LOCAL OPTION GAS TAX$190,000
LOCAL INFRASTRUCTURE TAX$1,000,000
GRANT FUNDING$1,800,000
INVESTMENT EARNINGS$20,000
TRANSFER FROM PARKLAND DEDICATION FUND$150,000
DEBT PROCEEDS$1,450,000
APPROPRIATED RESERVE$210,000
TOTAL REVENUES$4,820,000
Capital Improvement Fund Revenues


EXPENDITURESAMOUNT
LAND$150,000
IMPROVEMENTS$4,670,000
RESERVES-
TOTAL EXPENDITURES$4,820,000
Capital Improvement Fund Expenditures


WATER & SEWER OPERATING FUND

REVENUESAMOUNT
LOCAL INFRASTRUCTURE TAX$532,500
GRANT FUNDING-
CHARGES FOR SERVICES$7,770,500
INVESTMENT EARNINGS$75,000
MISCELLANEOUS REVENUE$18,000
DEBT PROCEEDS$1,400,000
CONTRIBUTIONS FROM DEVELOPERS-
APPROPRIATED RESERVE-
TOTAL REVENUES$9,796,000
Water & Sewer Operating Fund - Revenues


FINANCE EXPENSESAMOUNT
PERSONAL SERVICES$668,650
OPERATING$207,705
CAPITAL OUTLAY-
TOTAL FINANCE$876,355
Water & Sewer Operating Fund - Finance Expenses


UTILITIES MAINTENANCE EXPENSESAMOUNT
PERSONAL SERVICES$198,740
OPERATING$107,960
CAPITAL OUTLAY$127,300
TOTAL UTILITIES MAINTENANCE$434,000
Water & Sewer Operating Fund - Utilities Maintenance Expenses


DISTRIBUTION & COLLECTION EXPENSESAMOUNT
PERSONAL SERVICES$711,630
OPERATING$234,240
CAPITAL OUTLAY$1,855,000
TOTAL DISTRIBUTION & COLLECTION$2,800,870
Water & Sewer Operating Fund - Distribution & Collection Expenses


WATER RECLAMATION FACILITY EXPENSESAMOUNT
PERSONAL SERVICES$628,990
OPERATING$1,016,360
CAPITAL OUTLAY$190,000
TOTAL WATER RECLAMATION FACILITY$1,835,350
Water & Sewer Operating Fund - Water Reclamation Facility Expenses


REVERSE OSMOSIS WTP EXPENSESAMOUNT
PERSONAL SERVICES$472,885
OPERATING$971,230
CAPITAL OUTLAY$285,500
TOTAL REVERSE OSMOSIS WTP$1,729,615
Water & Sewer Operating Fund - Reverse Osmosis WTP Expenses


ENVIRONMENTAL MANAGEMENT EXPENSESAMOUNT
PERSONAL SERVICES$122,625
OPERATING$79,530
CAPITAL OUTLAY-
TOTAL ENVIRONMENTAL MANAGEMENT$202,155
Water & Sewer Operating Fund - Environmental Management Expenses


DEBT SERVICE EXPENSESAMOUNT
DEBT SERVICE$693,865
TOTAL DEBT SERVICE$693,865
Water & Sewer Operating Fund - Debt Service Expenses


RESERVES & TRANSFERS EXPENSESAMOUNT
TRANSFERS OUT-
RESERVE RENEWAL & REPLACEMENT$1,223,790
TOTAL RESERVES$1,223,790
Water & Sewer Operating Fund - Reverses & Transfers Expenses


WATER & SEWER OPERATING FUND TOTAL EXPENSES$9,796,000


WATER & SEWER IMPACT FUND

REVENUESAMOUNT
IMPACT FEES$175,000
INVESTMENT EARNINGS$1,000
APPROPRIATED RESERVE-
TOTAL REVENUES$176,000
Water & Sewer Impact Fund Revenues


EXPENSESAMOUNT
IMPROVEMENTS$176,000
TRANSFERS-
TOTAL EXPENSES$176,000
Water & Sewer Impact Fund Expenses


STORMWATER UTILITY  FUND

REVENUESAMOUNT
CHARGES FOR SERVICES$754,000
INVESTMENT EARNINGS$5,000
SALE OF EQUIPMENT$20,000
DEBT PROCEEDS$1,030,000
APPROPRIATED RESERVE$286,265
TOTAL REVENUES$2,095,265
Stormwater Utility Fund Revenues


EXPENSESAMOUNT
PERSONAL SERVICES$306,280
OPERATING$241,495
CAPITAL OUTLAY$1,470,000
RESERVES$77,490
TOTAL EXPENSES$2,095,265
Stormwater Utility Fund Expenses


SOLID WASTE FUND

REVENUESAMOUNT
RECYCLING GRANT$10,500
CHARGES FOR SERVICES$2,739,000
INVESTMENT EARNINGS$10,000
APPROPRIATED RESERVE-
TOTAL REVENUES$2,759,500
Solid Waste Fund Revenues


EXPENSESAMOUNT
PERSONAL SERVICES-
OPERATING$2,598,785
RESERVES$160,715
TOTAL EXPENSES$2,759,500
Solid Waste Fund Expenses


SCHEDULE A TOTAL EXPENSES$36,081,480