Standard Format Tentative Budget Submission - Southwest Florida ...

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III. Budget Highlights Leveraged Investments (Cooperative Funding/District Projects) Operating Anticipated Revenues $200M Use of Reserves $10M $1M $16M $22M $22M $20M $150M $84M $96M $84M $80M $80M $76M $100M $50M $76M $75M $78M $79M $81M $83M $0M FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18 Long-Term Funding Plan Conclusion: The District has developed the proposed fiscal year 2013-14 budget based on continuing economic and taxation realities to ensure the long-term sustainability of the region’s water resources. The proposed budget represents approximately a one percent reduction in operating costs through implementing new, improved business processes and leveraging technology. Significant operational reductions including a reduction in workforce were achieved in fiscal years 2010-11 through 2012-13, to bring operational costs in-line with current ad valorem revenue levels. This has allowed the Governing Board the flexibility to maintain the necessary annual investment in critical water resource management projects for the west-central Florida region. The proposed fiscal year 2013-14 budget includes $95.8 million for Cooperative Funding and District projects; this is an increase of approximately $12 million from $83.8 million for fiscal year 2012-13. Even with the proposed increase in projects, the District believes its resources are adequate for fiscal year 2013-14 and for the next ten years using reserves only when necessary to fund valuable approved projects. 29
III. Budget Highlights D. Budget Summary 1. Overview The tentative fiscal year 2013-14 budget demonstrates the District’s commitment to protect Florida’s water and water-related resources. The District will continue its reduction of operating expenses while increasing the level of capital investment in our region. The tentative budget is $170.8 million, compared to $159.5 million for fiscal year 2012-13 with 100 percent of the increase applied to cooperatively-funded and District projects. This marks the 5th consecutive year the District has reduced its operating expenses, and during that period operating expenditures have been reduced by over 41 percent. This year, the District reduced its total workforce by an additional 5 percent, from 617 full-time equivalent positions (FTEs) for fiscal year 2012-13 to 585 FTEs for fiscal year 2013-14. This is down from 891 FTEs in fiscal year 2009-10. The District has maintained or improved its service goals at the reduced staffing levels as indicated through the quarterly water management district metrics. The District continues to maintain its employee benefits consistent with the employee benefits budgeted by the other water management districts and the state. By reducing and holding the operating expenditures low, the District has provided the opportunity to use its reserves and invest more funds in cooperative funding projects where the dollars are leveraged to the benefit of the environment. The fiscal year 2013-14 tentative budget will leverage $70 million of District funds through cooperative partnerships with public and private partners, without incurring bonded debt. This will result in matching cooperator funds of approximately $68 million, for a total investment for sustainable alternative water supply development and other water resource management projects of $138 million. In addition, the District will outsource almost $32 million (recurring and non-recurring expenditures) in fiscal year 2013-14 (over 18 percent of expenditures). This direct outsourcing combined with the District funding through its Cooperative Funding Initiative, which is substantially outsourced by the District’s public and private partners, will result in an estimated $102 million or 60 percent of the budget outsourced or directly benefitting private industry. The tentative fiscal year 2013-14 budget includes $101.5 million in ad valorem property tax revenue. This is based on the Governing Board’s direction to lower the millage rate to 0.3818 from 0.3928 mill in fiscal year 2012-13. Lowering the millage rate will result in $2.9 million of savings for the District’s taxpayers. 30
Page 1 and 2: Southwest Florida Water Management
Page 3 and 4: August 1, 2013 The Honorable Rick S
Page 5 and 6: Table of Contents Page I. Foreword
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Page 9 and 10: II. Introduction B. Overview of the
Page 11 and 12: II. Introduction In fulfilling its
Page 13 and 14: II. Introduction E. Budget Guidelin
Page 15 and 16: II. Introduction F. Budget Developm
Page 19 and 20: III. Budget Highlights Completed
Page 21 and 22: III. Budget Highlights o Desig
Page 23 and 24: III. Budget Highlights continued co
Page 25 and 26: III. Budget Highlights conse
Page 29 and 30: III. Budget Highlights allow the mo
Page 31 and 32: III. Budget Highlights The District
Page 33: III. Budget Highlights C. Adequacy
Page 37 and 38: III. Budget Highlights SOUTHWEST FL
Page 39 and 40: 2. Source of Funds Three-Year Compa
Page 41 and 42: III. Budget Highlights 3. Major Sou
Page 43 and 44: III. Budget Highlights 4. Source of
Page 45 and 46: III. Budget Highlights SOUTHWEST FL
Page 47 and 48: 6. Three-Year Use of Funds by Progr
Page 49 and 50: III. Budget Highlights 7. Major Use
Page 53 and 54: Fiscal Year 2009-10 (Actual-Audited
Page 55 and 56: IV. Program Allocations 1.0 Water R
Page 57 and 58: IV. Program Allocations Southwest F
Page 59 and 60: IV. Program Allocations Major Budge
Page 61 and 62: IV. Program Allocations Budget Vari
Page 67 and 68: IV. Program Allocations The WMP is
Page 69 and 70: IV. Program Allocations restore spr
Page 75 and 76: IV. Program Allocations Changes and
Page 77 and 78: IV. Program Allocations Issue Descr
Page 79 and 80: IV. Program Allocations 2.1 Land Ac
Page 81 and 82: IV. Program Allocations 2.2 Water S
Page 83 and 84: IV. Program Allocations 2.2.1 Water
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IV. Program Allocations 2.2.2 Water
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IV. Program Allocations Budget Vari
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IV. Program Allocations 2.3 Surface
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IV. Program Allocations 2.5 Facilit
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IV. Program Allocations 2.7 Technol
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IV. Program Allocations 3.0 Operati
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IV. Program Allocations Southwest F
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IV. Program Allocations 3.1 Land Ma
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IV. Program Allocations 3.2 Works -
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IV. Program Allocations 3.3 Facilit
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IV. Program Allocations 3.5 Other O
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3.6 Fleet Services - Support of all
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IV. Program Allocations City Water
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IV. Program Allocations 4.1 Consump
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IV. Program Allocations 4.2 Water W
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IV. Program Allocations 4.4 Other R
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IV. Program Allocations Changes and
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IV. Program Allocations 5.1 Water R
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IV. Program Allocations 5.2 Public
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IV. Program Allocations 5.4 Lobbyin
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IV. Program Allocations 5.6 Technol
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IV. Program Allocations 6.0 Distric
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IV. Program Allocations New Issues
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IV. Program Allocations expenditure
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IV. Program Allocations B. District
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IV. Program Allocations SOUTHWEST F
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IV. Program Allocations SOUTHWEST F
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VI. Performance Measures Overall Go
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Flood Control VI. Performance Measu
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Water Quality VI. Performance Measu
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Water Supply VI. Performance Measur
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Mission Support VI. Performance Mea
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Environmental Resource Permit (ERP)
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Water Management District (WMD): a
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MGD Million Gallons per Day MSSW Ma
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Southwest Florida Water Management
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Structure and Staff Nomenclature: R
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Health Insurance: Report of the fea
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Retiree Health Subsidies: District
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