FY12 Adopted Operating Budget & Capital Improvement Budget

City of St. Petersburg, Florida - FY 2012 Adopted Fiscal Plan
Community Development Block Grant 0 0 272,615 272,615 272,615 498,148 82.73%
Sanitation Operating 455,076 455,076 455,076 455,076 455,076 455,076 0.00%
Airport Operating 0 0 50,000 50,000 50,004 50,000 0.00%
Marina Operating 300,000 300,000 300,000 300,000 300,000 310,000 3.33%
Jamestown Complex 0 0 35,000 35,000 35,004 35,000 0.00%
Information & Communication Services 0 399,996 300,000 300,000 300,000 200,000 (33.33%)
Total Transfer In 92,884,590 97,166,354 26,643,298 29,047,898 26,590,369 27,730,051 4.08%
Internal Charges
Department Charges 802 208 500 500 66 500 0.00%
Other Charges 650 (523) 0 0 (2,601) 0 0.00%
Total Internal Charges 1,452 (315) 500 500 (2,535) 500 0.00%
Total Revenue Summary 215,030,840 213,169,079 200,312,845 205,577,557 202,266,179 198,300,594 (1.00%)
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 150,742,066 150,906,185 150,136,165 153,197,723 148,367,957 144,803,168 (3.55%)
Services And Commodities 43,109,588 41,540,709 38,771,885 41,440,754 40,541,882 39,783,064 2.61%
Capital 1,552,054 2,639,514 855,793 1,957,348 1,162,705 702,775 (17.88%)
Grants And Aid 2,691,194 1,928,236 1,931,013 2,946,150 1,797,546 2,657,450 37.62%
Contingencies 0 0 362,953 262,953 0 791,078 117.96%
Transfers Out
Economic Stability 6,000,000 0 0 0 0 0 0.00%
Arts And Cultural Programs 99,996 0 0 0 0 0 0.00%
Bayboro Harbor Tax Increment District 0 0 52,329 52,329 37,597 21,004 (59.86%)
Intown West Tax Increment District 0 0 178,923 178,923 171,636 118,361 (33.85%)
Neighborhood Stabilization Program 0 0 0 360,000 360,000 0 0.00%
Mahaffey Theater Operating 934,000 965,700 774,000 1,016,000 1,042,000 670,000 (13.44%)
Pier Operating 1,509,000 1,427,000 1,246,000 1,246,000 1,207,000 1,399,000 12.28%
Coliseum Operating 193,000 232,000 176,000 237,000 220,000 201,000 14.20%
Sunken Gardens 230,000 222,000 166,000 211,000 202,000 202,000 21.69%
Tropicana Field 1,566,000 1,102,000 1,365,335 1,480,335 1,434,000 1,250,000 (8.45%)
Community Redevelopment District 5,480,435 4,856,894 4,396,973 4,396,973 4,374,560 4,366,735 (0.69%)
FFGFC Loan 1,118,922 2,625,421 2,628,006 2,628,006 2,628,465 2,635,316 0.28%
General Capital Improvements 640,635 364,290 0 832,640 832,640 0 0.00%
Airport Operating 466,000 136,000 0 0 0 0 0.00%
Jamestown Complex 0 70,000 0 0 0 0 0.00%
Port Operating 469,000 508,000 487,000 487,000 397,000 271,000 (44.35%)
Total Transfers Out 18,706,988 12,509,305 11,470,566 13,126,206 12,906,898 11,134,416 (2.93%)
Total Appropriations 216,801,890 209,523,949 203,528,375 212,931,134 204,776,988 199,871,951 (1.80%)
Increase/(Decrease) in Fund Balance (1,771,050) 3,645,130 (3,215,530) (7,353,577) (2,510,809) (1,571,357)
Beginning Balance 26,390,780 24,743,276 27,358,621 27,358,621 27,358,621 25,726,729
Adjustments 123,546 (1,029,785) 0 878,917 878,917 0
Ending Balance 24,743,276 27,358,621 24,143,091 20,883,961 25,726,729 24,155,372
Each year City Council has committed a portion of the General Operating Fund balance that exceeds the target balance for specific purposes. $6.888 million was
designated at the end of both FY09 and FY10. The FY11 committment amounts will be established after the final adjustments are made.
For FY12, funds designated from prior year savings will be used to balance the budget.
The City's fiscal policies call for a General Fund Operating Reserve target equal to 20% of the current year appropriations, with the fund balance of the Economic
Stability Fund included. As of the end of FY11, the target fund balance is projected to be at the target.
Fiscal Year 2012 E-7 Summary Reports