FY 2010-11 Adopted Budget - Volusia County Government

123 West Indiana Avenue, Room 301 DeLand, FL 32720-4612FRANK T. BRUNO, JR.COUNTY CHAIRJOIE ALEXANDERVICE-CHAIR, AT-LARGEANDY KELLYDISTRICT 1JOSHUA J. WAGNERDISTRICT 2JACK H. HAYMANDISTRICT 3CARL G. PERSISDISTRICT 4PATRICIA NORTHEYDISTRICT 5JAMES T. DINNEENCOUNTY MANAGEROctober 1, 2010County ManagerHonorable Members of the County Council:In compliance with provisions of the County Charter and State of Florida Statutes, I ampleased to submit the adopted budget for Fiscal Year 2010-11. The operating budgetis $594,792,049, a reduction of $19.4 million from FY 2009-10.We recognized quite early that the FY 2010-11 would be another difficult budget year.We began the development of this budget on October 15, 2009, with a 3-year forecastof our major funds. We discussed long-term financial planning, the resources that willbe sustainable into the future and conducted mini- budget workshop meetings everytwo weeks to review department operations, set policy and seek direction.Volusia County has been making adjustments to account for reduced revenues for thelast four years. Due to the reduction in the taxable values, the FY 2010-11 budgetreflects a decrease in total property taxes levied by $32 million, a reduction of 12%from last year. In order to help offset the mandated state increase in taxable valuesfor some homesteaded properties (due to Save our Homes), I have further reducedthe budget submittal by an additional $2,144,640 as a good faith effort to minimizethe impact. This resulted in our general fund tax rates to drop from 5.36829 to5.3005.2009/10 AdValoremRevenues2010/11 atprior year'srate2010/11 AdValoremRevenues SOH Reduction 2010/11 Rate2009/10 RateGeneral Fund 156,090,171 5.36829 134,716,594 133,015,411 (1,701,183) 5.3005Library Fund 17,621,683 0.60605 15,208,752 15,107,118 (101,634) 0.6020East Mosquito Control District 4,242,517 0.20966 3,711,366 3,681,981 (29,385) 0.2080Ponce De Leon Port Authority 1,818,105 0.09360 1,656,896 1,644,504 (12,392) 0.0929Municipal Service District 12,327,396 1.87829 10,819,912 10,720,313 (99,599) 1.8610Fire Service District 24,951,952 3.66510 21,864,896 21,664,449 (200,447) 3.6315(2,144,640)123 West Indiana Avenue, Room 301 DeLand, FL 32720-4612Tel: 386-736-5920 257-6011 423-3860 FAX: 386-822-5707