adopted operating & capital improvement budget - City of St ...

City of St. Petersburg, Florida
FY 2010 Adopted Fiscal Plan Fund Budget Summary
Parking Special Revenue Fund
The Parking Special Revenue Fund accounts for the operation of City parking facilities. Its revenue is pledged for TIF and other
debt. It was established in the Series 1988A Bonds.
Revenue Summary
FY 2007
Actual
FY 2008 FY 2009 FY 2009 FY 2009 FY 2010 FY 2010
Actual Adopted Amended Estimated Adopted Change
Charges For Services
Transportation Charges
Parking Meters
Parking Lots
Other Charges for Services
Fines & Forfeitures
Traffic & Parking Fines
Miscellaneous Revenue
Interest Earnings
Rents & Royalties
Sale of Fixed Assets
Contributions & Donations
Miscellaneous Revenue
Transfers
General Fund
2,183,046 2,119,588 2,641,770 2,641,770 2,212,677 2,272,770 (14.0)%
349,764 460,569 727,000 727,000 891,632 1,047,000 44.0 %
63,925 64,455 61,454 61,454 51,878 61,454
- %
4,729 13,759 - - 13,616 -
- %
Total Charges For Services 2,601,464 2,658,371 3,430,224 3,430,224 3,169,803 3,381,224
(1.4)%
1,011,472 1,137,101 1,284,000 1,284,000 1,571,863 1,476,000 15.0 %
Total Fines & Forfeitures 1,011,472 1,137,101 1,284,000 1,284,000 1,571,863 1,476,000
15.0 %
42,761 1,430 - - 152 -
- %
40,747 34,306 - - 62,556 -
- %
14,089 7,575 - - - -
- %
- 1,000 - - - -
- %
(251,026) (206,693) (124,547) (124,547) (209,191) (199,547) 60.2 %
Total Miscellaneous Revenue (153,429) (162,382) (124,547) (124,547) (146,483) (199,547)
60.2 %
395,000 - - - - -
- %
Total Transfers 395,000 - -
- - -
Total Revenues 3,854,507 3,633,090 4,589,677 4,589,677 4,595,183 4,657,677 1.5%
- %
Appropriations
Personal Services
Services & Commodities
Capital Expenditures
FY 2007
Actual
FY 2008 FY 2009 FY 2009 FY 2009 FY 2010 FY 2010
Actual Adopted Amended Estimated Adopted Change
1,376,503 1,675,039 2,282,353 2,282,353 889,491 2,257,806 (1.1)%
2,326,502 2,121,926 1,963,096 1,961,808 3,266,477 1,970,034 0.4 %
65,802 9,706 20,870 20,870 - -
- %
Transfers
General Operating - 30,000 30,000 30,000 17,456 15,000 (50.0)%
Sunshine State Finance Pool Debt 1,773 - - - - -
- %
Downtown Parking Capital Projects 133,000 - 377,000 377,000 106,251 250,000 (33.7)%
Total Transfers 134,773 30,000 407,000 407,000 123,707 265,000
(34.9)%
Total Appropriations 3,903,580 3,836,671 4,673,319 4,672,031 4,279,675 4,492,840 (3.9)%
Increase/(Decrease) in Fund Balance (49,073) (203,581) (83,642) (82,354) 315,508 164,837
Beginning Balance 215,580 166,507 (37,074) (37,074) (37,074) 278,434
Adjustments
- - - - - -
Ending Balance 166,507 (37,074) (120,716) (119,428) 278,434 443,271
• Additional funds were added for the shuttle service ($69,000) based on historical costs, which are offset by $14,000 in revenue,
for a net increase of $55,000 in costs. This will allow continued funding of shuttle service for the Grand Prix, co-sponsored event
shuttles, employee parking shuttle, and all 81 home baseball games.
• Cashier related charges at the Pelican lot were reduced ($55,000) because meters were installed in FY09.
• A Traffic Technician position was eliminated in FY09 and will be replaced with one Parking Enforcement Officer to assist with
coin collections.
• $144,354 of the fund balance is designated for handicapped projects by CAPI.
• The transfer to the capital improvement fund will allow for the purchase and installation of approximately 500 parking meters in
the downtown area. This was originally scheduled for FY09 but postponed until FY10.
Fiscal Year 2010 Budget Development H - 3
Summary Reports