FY12 Adopted Operating Budget & Capital Improvement Budget

City of St. Petersburg, Florida - FY 2012 Adopted Fiscal Plan
Local Housing Assistance (1019)
This fund accounts for revenue received under the State Housing Initiatives Partnership Program (SHIP) to produce and preserve affordable housing in St.
Petersburg for low- to moderate-income earning households (Ordinance 90-G).
Revenue Summary
FY 2009
Actual
FY 2010
Actual
FY 2011
Adopted
FY 2011
Amended
FY 2011
Estimated
FY 2012
Adopted
FY 2012
Change
Intergovernmental Revenue
State Grants 132,145 89,765 0 0 0 0 0.00%
State Shared Revenue 2,113,444 0 0 0 218,027 218,027 0.00%
Total Intergovernmental Revenue 2,245,589 89,765 0 0 218,027 218,027 0.00%
Fines And Forfeitures
Violation Of Local Ordinances 946 1,257 0 0 1,709 0 0.00%
Total Fines And Forfeitures 946 1,257 0 0 1,709 0 0.00%
Misc Revenues
Interest Earnings 453,107 286,551 10,000 10,000 120,902 3,972 (60.28%)
Misc Revenue 434,010 297,692 390,000 390,000 732,992 278,001 (28.72%)
Total Misc Revenues 887,117 584,243 400,000 400,000 853,894 281,973 (29.51%)
Total Revenue Summary 3,133,652 675,265 400,000 400,000 1,073,630 500,000 25.00%
Appropriations
FY 2009
Actual
FY 2010
Actual
FY 2011
Adopted
FY 2011
Amended
FY 2011
Estimated
FY 2012
Adopted
FY 2012
Change
Wages And Benefits 275,556 94,270 19,256 19,256 0 53,350 177.06%
Services And Commodities 2,381,176 3,216,142 380,744 3,286,931 960,199 446,650 17.31%
Total Appropriations 2,656,732 3,310,412 400,000 3,306,187 960,199 500,000 25.00%
Increase/(Decrease) in Fund Balance 476,920 (2,635,147) 0 (2,906,187) 113,431 0
Beginning Balance 4,982,194 5,460,496 2,664,565 2,664,565 2,664,565 2,782,223
Adjustments 1,382 (160,784) 0 4,227 4,227 0
Ending Balance 5,460,496 2,664,565 2,664,565 (237,395) 2,782,223 2,782,223
Due to state budget constraints, no new funds for the SHIP program were appropriated in FY09, FY10, or FY11. The amount of funding in FY12 is significantly
less than what it had been previously.
Fiscal Year 2012 E-18 Summary Reports