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FY 2011 Budget Highlights Accomplishments 11 Village Council • Since 2007 the Village's budget has been reduced William L. Manuel,Mayor by $1,932,561.99 which represents a 9.9% decrease. Darryl C.Aubrey, Se. D., Vice Mayor • The Village's Full-Time Workforce has been re- David B. Norris, President Pro Tem duced by 37 positions (through outsourcing and Robert A. Gebbia, Councilman redeployment strategies) with absolutely no negative impact upon municipal provided services. T.R. Hernacki, P.E., Councilman MOO V§§§,VF0 ,00• Ad-Valorem taxes have also been reduced by Jimmy Knight,Village Manager $1,743,607.00 for that same period, $745,736.00 this year alone. Melissa Teal, CMC,Village Clerk Non& P69§0 � �• The Village has brought into the General Fund over $3.3 million in Local, State and Federal Grants for such projects as: • New Tennis Facility at the NPBCC ��` FY 2010/2011 • Restoration of Lakeside Park Q • NPBCC swimming pool deck and fencing s Budget Highlights • Renovation of Anchorage Park �� • The Village has successfully updated all Village facilities to embrace and encourage greater '"" utilization of those amenities. # Village of North Palm Beach • The Village's General Employee's Retirement Fund f realized a significant improvement in its Funding 501 U.S. Highway One Ratio (57.9%to 72.63%)during this current year as North Palm Beach, FL 33408 a result of Council initiated Amendments to that Plan. The Police & Fire Retirement Fund currently Phone: 561-841-3380 cc maintains a healthy 84.15% Funding Ratio. Fax: 561-848-3344 The Best Place to Live • The Village has successfully paid off all General , Under the Sun" Fund debt service instruments (5 loans total) and is now DEBT FREE! €�si1rn . • The Village maintains a very healthy undesignated fund balance of $8,490,216.00 which equates to 48%of the FY2011 budget. . • The Village's Public Safety Department, Police Division received National Accreditation through A C.A.L.E.A. - _ • The Village's Finance Department was the recent recipient of the coveted Government Finance Officers Association (GFOA) "Certificate of Achievement Award" for its Certified Annual Financial Report as well as the "Distinguished Budget Award"for its Annual Budget Document. www.village-npb.org Follow the Village on • 1 Fiscal Year I Budget at / Glance Budget / Ad-Valorem Taxes The budget is a plan (both financially and policy driven)for the accomplishment of goals and objectives identified as The total Vlllage•wlde fiscal year 2010 12011 adopted budget Is shown below. being necessary to the purpose of our local government. GENERAL ENTERPRISE FUND _ Reduction As a financial plan, the budget includes estimates of FUND COUNTRY CLUB TOTAL $11,000,000 oeS�as,�36 resources required, tax and non-tax revenues available to ESTIMATED REVENUES: LO support implementation and the number of positions AD VALOREM TAXES $ 10,222,389 $ 10,222,389 $10,800,000 UTILITY SERVICE TAXES 2,116,249 2,116,249 00 00 estimated to fulfill the levels of service set forth by policy n, 10,600,000 a 747 747 934, �i decisions. In other words, the "budget" is the legal FRANCHISE TAXES 934, $ o cv authorization to expend Village funds during the fiscal year. SALE88USETAXEB 277,307 277,307 v� LICENSE$AND PERMITS 660,186 660,186 $10,400,000 ' o This past fiscal year has been a financial challenge for all INTERGOVERNMENTAL REVENUE 1,228,726 1,228,726 6.) of us. The Village Council and Administration have made a FINESA S FOR FORFEITURES 1,840,341 3,@26,391 6,666,738 $10,200,000 g FINES AND FORFEITURES 133,300 133,300 , conscientious effort to be as frugal as possible with Village MISCELLANEOUS 92,827 236,575 329,402 $10,000,000 resources. As a result,we have placed the Village in a very TOTAL ESTIMATED REVENUES $ 11606072 f 4,061,972 $ 21568044 Ad Valorem favorable financial position as we maneuver through these turbulent economic times. The Village (General Fund)just EXPENDITURES IEXPENSES: recently attained historic Debt Free status meaning the GENERAL GOVERNMENT $ 2,072,185 $ 2,072,185 ❑ FY 2010 ❑FY 2011 Village has no outstanding loan obligations. This achieve- PUBLIC SAFETY 7,229,436 7,229,436 ment is especially significant given what some might term COMM WORKS 4,211,912 4,211,912 COMMUNITY DEVELOPMENT 8191557 819,557 "the worst economic times since the great depression." PARKS AND RECREATION 1,838,086 11838,088 Budgeted Positions LIBRARY 723,231 723,231 The Village of North Palm Beach was incorporated as a NON DEPARTMENTAL 392,838 79,000 0,836 political subdivision of the State of Florida in 1956. Village GOLF 2,270,510 2,270,510 General Fund Positions government operates under the Council-Manager form of FOOD&BEVERAGE 932,548 932,546 Last 5 Years government. The Village Council's COUNTRY CLUB ADMINISTRATION 174,314 174,314 G� mission is to provide the highest OPERATING TRANSFERS OUT 0 !N u � quality of service to the residents of OTHER 218,827 160,699 399,526 North Palm Beach in the most DEBT SERVICE 424,901 424,901 zoo efficient, effective, and fiscally TOTAL ESTIMATED EXPENDITURES $ 17,506,072 $ 4,061,972 1 S 21568044 responsible manner by providing Note:General Fund Budget Is based on amlllege rote of6.0723m11s sound, clear policy guidance that encourages, promotes, protects, and 100 improves the welfare of the Village of North Palm Beach, ensuring that Total Budget 50 North Palm Beach remains "the best place to live under the sun." 0 III -- - 2007 2008 2009 2010 2011 The Village provides a full range of municipal services MFull Time 162 164 143 140 139 including Public Safety, Sanitation, Recreation, Library, $20,000,000 Budget Reduced ■Part Time 61 64 67 66 69 Streets & Roads Maintenance, Public Improvements, $18,000,000 by S550,866 Planning, Zoning & Building, and General Administrative $16,000,000 IT Services. The Village also manages an enterprise opera- $14,000,000 9 9 p P Improving and strengthening tion which is the operation of its golf and Country Club. $12,000,000 p 9 Y A customer service while $10,000,000 - �, ❑FY 2010 fostering local neighborhood $8,000,000 oo relationships continues to be a $6,000,000 0+ - ❑FY 2011 primary focus in the $4,000,000 FY2010/11 budget. The Village $2,000,000 continues to evaluate and -� $' re-focus on-going services General Enterprise toward essential / high-value Fund Fund service areas that "we do best." This allows contractual i. Enterprise Fund increase due to the Village assuming control of the opportunities that improve resident service quality while A- Country Club Restaurant/Bar and Banquet Services. restraining or reducing Village costs.