Fiscal Year 2013 Recommended Budget Book - Lake County

Department: County ManagerDivision: Economic Development and TourismActual Adopted Estimated BudgetExpenditures/Positions FY 2011 FY 2012 FY 2012 FY 2013Expenditures by CategoryPersonal Services $ 574,338 $ 568,313 $ 677,510 $ 702,030Operating 866,067 1,667,404 1,386,691 1,372,622Capital Outlay - - - -Subtotal Operating Expenditures $ 1,440,405 $ 2,235,717 $ 2,064,201 $ 2,074,652Capital Improvements - - - -Debt Service - - - -Grants and Aids 209,750 485,000 532,500 797,000Transfers 350,573 345,573 345,573 101,600Reserves - 2,482,596 - 3,620,298Total Operating Expenditures $ 2,000,728 $ 5,548,886 $ 2,942,274 $ 6,593,550Service Charge Reimbursements - - - -Net Expenditures $ 2,000,728 $ 5,548,886 $ 2,942,274 $ 6,593,550Expenditures by FundGeneral $ 695,255 $ 1,274,115 $ 1,302,568 $ 1,250,415Resort/Development Tax 1,305,473 4,248,648 1,622,706 5,330,475Restricted Local Programs - 26,123 17,000 12,660Total Expenditures $ 2,000,728 $ 5,548,886 $ 2,942,274 $ 6,593,550Number of Full Time Positions 7.0 7.0 7.0 7.0Number of Part Time Positions 11 10 10 10Number of Full Time Equivalent Positions 8.0 8.4 8.4 8.4Highlights:Personal Services for Fiscal Year 2013 does not include any salary increases for employees and reflects an increase from $5,500to $6,900 in life and health insurance costs. An internet applications developer position was added in Fiscal Year 2012. Twopositions within this office are funded eighty percent by Resort/Development Tax, and twenty percent General Fund. Three otherpositions are funded fifty percent by Resort/Development Tax, and fifty percent General Fund. These positions are reflected inInformation Outreach, page F-48.Operating Expenses for Fiscal Year 2013 includes $275,269 to support the Economic Development Commission (EDC)contract. Also included in Operating Expenses is $104,902 to support the County contract with the Central Florida SportsCommission for the purpose of encouraging and promoting the selection of Lake County as a venue for international, national,regional and local sports events. There is $541,153 budgeted for marketing activities, the Lake County Birding Festival, theEconomic Development Summit, and event sponsorships. Contractual services includes $101,000 for economic developmentspeaker fees, economic data research, and business opportunity center services. Additionally, the budget reflects the increasedrisk insurance allocation from 25 percent to 100 percent for all county departments.Grants for Fiscal Year 2013 includes funding for the following: $30,000 Economic Gardening Initiative, to access informationaldatabases, host workshops, and make presentations to the business community; $200,000 UCF Business Incubators; $80,000Lake Sumter Community College Business Incubator; $30,000 North East Lake County Business Opportunity Center; $50,000for the Jobs Growth Incentive Program; and $400,000 in capital projects funding. In addition, funding is received from the sale ofFlorida Arts License plates for assistance to local arts groups and agencies. There is $7,000 budgeted for arts programs in FiscalYear 2013. Transfers for Fiscal Year 2013 includes $101,600 in administration costs.F - 49