1 1 Annual Budget FY 2021 Prepared by: Mark Barber City Manager
L Charles Dinkins Jr City Finance Director of Amy Hall Budget Manager Valdosta Carolyn Sampson-Burgess Budget Analyst
2 2 3 4 How to Use this FY 21 Introduction Budget Document
This section is intended to familiarize and assist readers with the organization and presentation layout in this Annual Budget document.
It is hoped that through clear and easily understood graphs, schedules, and accompanying narrative text, the users of the City of Valdosta’s Annual Budget for the fiscal year 2020-2021 will be able to discern important economic trends and issues facing the City. Plans for dealing with these issues are presented in narrative summary style, illustrating strategies used by the City of Valdosta officials in pursuing economic and efficient solutions. These strategies are defined at the operating level through information concerning the departmental goals, objectives, and performance measurement criteria where applicable and available.
This document has been prepared with a layout that is intended to achieve the following objectives:
To present a coherent statement of programmatic policies and goals for the City and its operating departments, with articulation of current budget priorities and issues.
To present revenue and expenditure summaries of all appropriated funds along with:
1. Comparisons of prior-year sources of revenue to current budget
2. Assumptions used for current revenues
3. Discussion of significant revenue trends
4. Projections of fund balance
5. Current debt obligations and decisions, and the effect of debt levels on current and future revenues of the City.
6. The basis of budgeting used to account for the funds of the City.
i 5 How to Use this FY 21 Budget Document Introduction continued
To present a description of the activities, services, and/or functions performed or delivered by the operating unit or programs of the City including the following information, where applicable and available:
1. Objective measurement of results by unit or program, with goals and objectives for the current budget year,
2. An organization chart for all City departments and/or programs,
3. Summary schedules of personnel, with descriptions of any significant changes in staffing or reorganizations planned for the budget year.
To present schedules and discussions of current City debt obligations.
To present City of Valdosta’s Capital Improvement Program and describe how it addresses the need to plan for future capital improvements.
To give summary schedule(s) of personnel staffing levels by department and division.
Finally, this budget document includes a glossary and acronym guide of key terms used in the budget.
ii 6 Table of Contents Section A: Introduction PDF
City Manager Introduction 13 Overview of City 24 Mission Statement / Long Term Goals 31 Principal Officials 33 Description of Funds 34 Organizational Chart 37
Section B: Policies & Objectives
Overview 39 General Budgetary Policies 40
Section C: Fiscal Summary
Combined Revenues and Expenditures – All Funds Total Revenues by Fund and Source 47 Operating Program Expenditures by Function 48 All Funds Combined Summary of Revenues, Expenditures and Fund Balance 53 Revenues by Fund 54 Expenditures by Fund 55
Changes in Fund Balance and Retained Earnings – All Funds Approved Financial Plan 56 General Fund 57 Special Revenue Funds: Confiscated Funds 57 Property Evidence Fund 58 U.S. DOJ Local Law Block Grant Fund 58 Urban Development Action Grant Fund 59 CDBG CHIP 02M Grant Fund 59 HUD Grant Fund 60 CDBG CHIP 04M Grant Fund 60 CDBG CHIP 06M Grant Fund 61 CDBG CHIP 07M Grant Fund 61 CDBG CHIP 07MR-X Grant Fund 62 CHIP 2016-116 Grant Fund 62 Accommodations Tax 63
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Table of Contents Capital Project Funds: Special Purpose Local Option Sales Tax VII Fund 63 Spe