FY12 Adopted Operating Budget & Capital Improvement Budget

City of St. Petersburg, Florida - FY 2012 Adopted Fiscal Plan
Weeki Wachee (1041)
This fund was established during FY01 (Ordinance 530-G). In 1940, the City of St. Petersburg acquired property in Weeki Wachee Springs, Florida, as a potential
future water source. For both economic and environmental reasons, this use was impractical and ultimately unachievable. On March 23, 1999, City voters
approved a referendum authorizing the sale of the property. The referendum required that "any sale proceeds shall be deposited in an account from which monies
can only be expended for parks, recreational, preservation and beautification purposes." Revenue will be transferred to other funds for capital or operating
expenses as authorized in the referendum approving the sale.
Revenue Summary
FY 2009
Actual
FY 2010
Actual
FY 2011
Adopted
FY 2011
Amended
FY 2011
Estimated
FY 2012
Adopted
FY 2012
Change
Misc Revenues
Interest Earnings 1,116,762 653,599 300,000 300,000 1,855,255 119,160 (60.28%)
Total Misc Revenues 1,116,762 653,599 300,000 300,000 1,855,255 119,160 (60.28%)
Transfer In
Weeki Wachee Capital Improvements 155,000 0 0 0 0 0 0.00%
Total Transfer In 155,000 0 0 0 0 0 0.00%
Total Revenue Summary 1,271,762 653,599 300,000 300,000 1,855,255 119,160 (60.28%)
Appropriations
FY 2009
Actual
FY 2010
Actual
FY 2011
Adopted
FY 2011
Amended
FY 2011
Estimated
FY 2012
Adopted
FY 2012
Change
Services And Commodities 58,941 75,871 60,000 72,647 72,730 80,000 33.33%
Transfers Out
General Fund 47,766 0 0 8,307 0 20,000 0.00%
Weeki Wachee Capital Improvements 0 0 0 1,682,000 1,682,000 0 0.00%
Total Transfers Out 47,766 0 0 1,690,307 1,682,000 20,000 0.00%
Total Appropriations 106,707 75,871 60,000 1,762,954 1,754,730 100,000 66.67%
Increase/(Decrease) in Fund Balance 1,165,055 577,728 240,000 (1,462,954) 100,525 19,160
Beginning Balance 14,709,620 15,874,677 16,433,178 16,433,178 16,433,178 16,533,703
Adjustments 2 (19,227) 0 0 0 0
Ending Balance 15,874,677 16,433,178 16,673,178 14,970,224 16,533,703 16,552,863
Appropriations from the Weeki Wachee fund in FY12 include support for investment management services and a transfer to the General Fund to support Weeki
Wachee project maintenance.
Fiscal Year 2012 E-22 Summary Reports