FY 2010-11 Adopted Budget - Volusia County Government

The merit and success of the Volusia Forever program has been recognized at the state and nationallevels. The program has been the recipient of the "Better Community Award" (1000 Friends of Florida),the "County Leadership in Conservation Award" (a nationally competitive award presented by theNational Association of Counties and the Trust for Public Lands) and an "Achievement Award" (NationalAssociation of Counties).Ten percent (10%) of Volusia Forever annual revenue is dedicated to support land management; up to 5%of annual revenue is dedicated to support small lot acquisition efforts.The FY 2010-11 Volusia Forever budget totals $15,369,697, a decrease of 12.8% below the FY 2009-10adopted budget due to declining property values. As a result 68%, or $3.4 million, of the maximumauthorized millage is required to meet the debt service requirements of the Limited Tax GeneralObligation Bonds, Series 2005 (Fund 261). The millage needed to meet this obligation is 0.1368; theamount available to fund current projects in the Volusia Forever fund is $1.6 million, as generated by theremaining millage of .0632 mills.EAST VOLUSIA MOSQUITO CONTROL DISTRICT (FUND 105)Budget Cross-reference Pages: E-28, F-243The East Volusia Mosquito Control District is supported by State funds and local property taxes from thedistrict, whose boundary encompasses the area east of Interstate 95. The FY 2010-11 budget totals$11,134,226, an 1.9% increase over prior year. The majority of this increase is related to cash carryforward which is set aside in reserves for future capital needs. The District is funded by a millage rate of0.2080, representing a reduction of 0.00166 mills from FY 2009-10 rate and a 0.0299 decrease from therolled-back rate. In FY 2009-10, 14 full-time and 2 part-time positions and personnel were transferred tothe Stormwater (Fund 159) Drainage Task Team as a result of a reorganization.RESORT TAX (FUND 106)Budget Cross-reference Pages: E-32, F-252The Tourist Development Agency revenues of $6,599,300 are derived from a resort tax on hotels/motelsand short-term rentals. The 2% resort tax was increased to 3% effective July 1, 2003. The 1% TouristDevelopment Tax increase helped fund the expansion of the Ocean Center. Resort tax revenues aretransferred to the Ocean Center debt service and operating funds.SALES TAX TRUST (FUND 108)Budget Cross-reference Pages: E-34, F-253The Sales Tax Trust fund allows the pooling of the Local Government Half-Cent Sales Tax revenue to firstmeet debt service requirements with the balance of funds being allocated to the Ocean Center, General,and MSD funds. Tourism has a direct relationship to the amount of sales tax collected for Volusia County.It is estimated 36% of sales taxes are generated are directly contributed to tourism.Volusia County Section D - 31