Annual Report 2011AnnualReport - Page 3

Jupiter ’ s Budget at a Glance

After a period of high growth in the late 1990 ’ s , Jupiter is now near build-out and shifting its focus to redevelopment of the older and commercial areas in the town . Investment in local , small business and bioscience and technology industries are helping to mitigate the effects of a down economy and stabilize home values .
For four years in a row , Jupiter has reduced its workforce and resulting personnel costs , as well as its nonpersonnel operational costs , in an effort to right-size the Town ’ s organization and improve efficiencies . Over 78 full-time equivalent ( FTE ) positions were eliminated in that time period , all with limited impact to the number and quality of services offered by the Town . In 2012 , the Town eliminated 20 FTE ’ s , with the majority of those positions attributed
FTE ' s
Full-time Equivalents ( FTE ’ s ) by Fiscal Year
440 420 400 380 360 340 320 311 300
333
411
401 402 411 420 . 5 416.5
- 78.25 FTE ' s
393.5
375 378
362.25 357
342.25
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Fiscal Year to the transfer of personnel to the Regional Communications Center ( 911 Center ) in Palm Beach Gardens .
Jupiter Resident Tax Bill ( based on 8 / 10 tax estimate )
Town of Jupiter 12.9 %
Fire Rescue 10 %
Palm Beach County 22 %
School Board 40.6 %
Special Taxing Districts
14.5 %
Operational cost reductions have helped to lessen the impact of rising costs , allowing the Town to keep property tax rates flat in 2012 , marking the third year in a row that this rate has remained the same . In 2012 , rates charged by the Town ’ s water utility will also remain the same as in 2011 .
Revenues from property taxes continue to decline in the Town , but at a less aggressive rate than in 2010 and 2011 . In 2012 , the Town will collect about $ 800,000 less in property tax revenue than in 2011 .
Stormwater $ 2,240,670
Water $ 23,668,890 30 %
3 % Debt $ 5,155,703
7 % $ Building
2,421,125 3 %
Other Taxes $ 12,125,000 30 %
Licenses & Permits $ 525,850 1 %
Charges for Services $ 6,064,423 15 %
Fiscal Year 2011 ( October 1 , 2010 - September 30 , 2011 )
FY2011 Budget
$ 79,743,278
CIP $ 6,047,705 7 %
General Fund $ 40,209,185 50 %
2011 General Fund Revenues
Utilization of Fund Balance $ 311,105 3 %
Fines & Forfeitures $ 199,800 1 %
Transfers $ 2,800,000 5 %
Ad Valorem Taxes $ 15,831,606 40 %
Miscellaneous $ 512,200 1 %
Inter-governmental $ 1,800,000 4 %
Jupiter ’ s Total Budget
The total budget in 2011 was $ 79.74 million , including capital investments . In 2012 , the total budget will reduced by $ 390,000 , to $ 79.35 million . The General Fund , the portion of the budget funded primarily by property taxes , reduced by $ 1.0 million , due to reduced operational spending and improved efficiency .
Where the Money Comes From ...
Jupiter ’ s most significant source of funding for its general operations is property taxes , and in 2012 tax revenues will decline by approximately $ 800,000 compared to 2011 . Economic uncertainty has impacted several revenue sources relied upon by the Town , including fees , sales tax revenues , and permits . Using careful financial planning to ensure that it has a healthy fund balance , the Town Council has set a goal of keeping at least 25 % of operating expenses onhand in its General Fund balance . In Fiscal Year 2011 , as well as in 2012 , a portion of fund balance was used to bridge operating expenses as the Town repositions the organization for sustainability .
Stormwater $ 2,285,395
Water $ 25,181,663 32 %
3 % Debt $ 5,452,190
7 % $ Building
2,182,794 3 %
Other Taxes $ 12,070,000 31 %
Licenses & Permits $ 576,850 1 %
Charges for Services $ 6,048,549 15 %
Fiscal Year 2012 ( October 1 , 2011 - September 30 , 2012 )
FY2012 Budget
$ 79,354,284
Fines & Forfeitures $ 249,800 1 %
CIP $ 5,040,223 6 %
Transfers $ 2,415,000 6 %
General Fund $ 39,212,019 49 %
2012 General Fund Revenues
Utilization of Fund Balance $ 314,963 1 %
Ad Valorem Taxes $ 15,088,657 38 %
Miscellaneous $ 498,200 1 %
Inter-governmental $ 1,950,000 5 %
2011 General Fund Expenses
Contingency Reserve $ 285,000 1 %
General Government $ 13,995,116 35 %
Engineering & Public Works $ 3,685,294 9 %
Law Enforcement $ 18,419,173 45 %
Parks & Recreation $ 3,824,601 10 %
Where the Money Goes ...
Jupiter prides itself on its quality of life , and central to that is having a safe and secure community . Law Enforcement makes up the largest portion of expenditures , followed by the operation of General Government functions . These include the expenses associated with running all of the services of the local government , such as parks , recreation programs , neighborhood programs , financial management , planning and zoning , and many others .
In Fiscal Year 2012 , Jupiter further reduced its workforce and reduced its other operating expenses . This has led to a decline in the cost of general government of approximately $ 1.0 million from 2011 to 2012 .
2012 General Fund Expenses
Contingency Reserve $ 443,000 1 %
General Government $ 13,499,853 34 %
Engineering & Public Works $ 3,633,711 9 %
Law Enforcement $ 17,976,395 46 %
Parks & Recreation $ 3,659,060 9 %
Jupiter’s Budget at a Gl ance After a period of high growth in the late 1990’s, Jupiter is now near build-out and shifting its focus to redevelopment of the older and commercial areas in the town. Investment in local, small business and bioscience and technology industries are helping to mitigate the eff ects of a down economy and stabilize home values. For four years in a row, Jupiter has reduced its workforce and resulting personnel costs, as well as its non- personnel operational costs, in an eff ort to right-size the Town’s organization and improve effi ciencies. Over 78 full-time equivalent (FTE) positions were eliminated in that time period, all with limited impact to the number and quality of services off ered by the Town. In 2012, the Town eliminated 20 FTE’s, with the majority of those positions attributed to the transfer of personnel to the Regional Full-time Equivalents (FTE’s) by Fiscal Year Communications Center (911 Center) in Palm 440 Beach Gardens. - 78.25 FTE's 420.5 420 411 401 400 402 416.5 411 393.5 378 375 380 362.25 357 360 342.25 333 340 320 311 300 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Fiscal Year Fiscal Year 2011 (October 1, 2010 - September 30, 2011) FY2011 Budget Water $23,668,890 30% General Fund $40,209,185 50% $79,743,278 9,743,278 Stormwater $2,240,670 3% Debt $5,155,703 Building 7% $2,421,125 3% Jupiter Resident Tax Bill (based on 8/10 tax estimate) Town of Jupiter 12.9% Fire Rescue 10% Palm Beach County 22% School Board 40.6% Special Taxing Districts 14.5% Operational cost reductions have helped to lessen the impact of rising costs, allowing the Town to keep property tax rates fl at in 2012, marking the third year in a row that this rate has remained the same. In 2012, rates charged by the Town’s water utility will also remain the same as in 2011. Revenues from property taxes continue to decline in the Town, but at a less aggressive rate than in 2010 and 2011. In 2012, the Town will collect about $800,000 less in property tax revenue than in 2011. Jupiter’s Total Budget The total budget in 2011 was $79.74 million, including capital investments. In 2012, the total budget will reduced by $390,000, to $79.35 million. The General Fund, the portion of the budget funded primarily by property taxes, reduced by $1.0 million, due to reduced operational spending and improved efficiency. CIP $6,047,705 7% Fiscal Year 2012 (October 1, 2011 - September 30  LBL LY]]\ K N K Œ̉B[\[[ K L NBIB K M  K M K M ܛ]]\ K MBBX K L NLZ[[B N MBT K B\HH[ۙ^HY\K LH[\[[][Y\“\^\‰ L LK  B][^][ۈو[[[B LK L BBY[ܙ[B^\‰ MK K BX[\‰\Z]‰ LK LIBZ\[[[\‰ LL IB\\܂[\Yݙ\Y[[\X\‰ K  [\ ܙZ]\\[ٙ\ B NNK   MIBIBIB\]\&\[YۚYH[\Hو[[܈]™[\[\][ۜ\\H^\[[ L^][Y\[X[HH\[X][H  \\Y LKXۛZX[\Z[H\š[\XY]\[][YH\\[YY\ۈHBۋ[Y[Y\[\^][Y\[\Z]˂\[\Y[H[[[[\H]]\BX[H[[[KHۈ[[\]H[وY\[]X\ IHو\][^[\ۋB[[][\[[[[K[\[YX\ LK\[\[ LHܝ[ۈو[[[H\\YYH\][^[\\Hۈ\][ۜHܙ[^][ۈ܈\Z[X[]K L[\[[][Y\“\^\‰ L IB][^][ۈو[[[B M MŒIBY[ܙ[B^\‰ MK  MŒ BX[\‰\Z]‰ M͋ LIBZ\[[[\‰ N IB\\܂[\Yݙ\Y[[\X\‰ KML   MH[\ ܙZ]\\[ٙ\IB K  MK MIBIBB\HH[ۙ^H\ˋ LH[\[[^[\۝[[H\\B K IB[\[ݙ\Y[ LNMK LMIB[[Y\[ XXܚ‰ K MIB]‘[ܘ[Y[ N NK M IB\ XܙX][ۂ  BL B\]\Y\][ۈ]]X[]HوYK[[[]\][HYH[X\H[][]K][ܘ[Y[XZ\\H\\ܝ[ۈق^[]\\YHH\][ۈو[\[ݙ\Y[[[ۜˈ\H[YHH^[\˜\X]Y][[[وH\X\وH[ݙ\Y[ X\\XܙX][ۈܘ[\ZYܚܘ[\H[X[Y[Y[ [[[ۚ[[X[H\˂[\[YX\ L\]\\\YXY]ܚٛܘH[YXY]\\][^[\˂\\YHX[H[Hو[\[ݙ\Y[و\[X][H KZ[[ۈH LB L L[\[[^[\۝[[H\\B IB[\[ݙ\Y[ L NK LŒ B[[Y\[ XXܚ‰ LBIB]‘[ܘ[Y[ MM͋ MB B\ XܙX][ۂ NK I