Proposed Operating Budget Fiscal Year 2021 FY 2021 Proposed Budget City Commission Josh Levy Caryl Shuham Peter Hernandez Traci Callari Mayor District 1 District 2 District 3 Richard Blattner Kevin Biederman Linda Sherwood District 4 District 5 District 6 Dr. Wazir Ishmael, City Manager Doug R. Gonzales, City Attorney Office of Budget & Performance Management Laurette Jean Director Madonna Dell Olio Assistant Director Neesha Bajere Budget Officer Craig Smith Management/Budget Analyst Anjanie Sukhai Management/Budget Analyst Angela Stanley Budget Administration Coordinator Beatriz Sandoval Performance & Accountability Officer City of Hollywood, Florida Office of Budget & Performance Management P.O. Box 229045 Hollywood, Florida 33022-9045 Telephone: (954) 921-3206 Fax: (954) 921-3343 Persons with disabilities who require reasonable accommodation to participate in City programs and/or services may call the Office of Human Resources at (954) 921-3218. If an individual is hearing or speech impaired, please contact the Florida Relay Service at 1-800-955-8770 (information) or 1-800-955-8771 (TDD). The City of Hollywood has received 24 GFOA Distinguished Budget Presentation Awards. This award is presented to state and local governments that have prepared budget documents of the very highest quality that reflect both the guidelines established by the National Advisory Council on State and Local Budgeting and the GFOA’s best practices on budgeting Table of Contents SECTION PAGE READER’S GUIDE TO THE OPERATING BUDGET ................................................ vi CITY MANAGER’S LETTER ......................................................................................... viii Operating Budget Summary By Fund .................................................................... ix HOLLYWOOD AT A GLANCE Community Profile ............................................................................................................ 1 Service Data. ..................................................................................................................... 2 Strategic Plan at a Glance. ............................................................................................. 3 The City of Hollywood, Florida ......................................................................................... 4 INTRODUCTION Budget Overview .............................................................................................................. 9 Operating Budget Summary By Category ......................................................... 10 Staffing Overview ............................................................................................................ 14 Summary of Staffing Changes by Fund .............................................................. 14 FY 2019-2021 Full-time Staffing Summary............................................................. 15 Assessed Value & Millage Data .................................................................................... 16 Taxable Assessed Value History ............................................................................ 16 Assessed Taxable Value Comparison – FY 2020 vs. FY 2021 ............................. 16 Value of New Construction – Since 2001 ............................................................ 17 Ad Valorem Property Tax Millage Rates – 20 Year History ................................ 18 Impact on Homeowners ................................................................................................ 19 Budget Calendar ............................................................................................................. 20 Operating Budget Policies & Procedures. ................................................................... 21 Financial Policies. ............................................................................................................ 24 Citywide Strategic Plan. ................................................................................................. 28 Long-Term Planning. ....................................................................................................... 30 General Fund Five Year Forecast (FY 2021 through FY 2025) ........................... 33 SUMMARY OF FUNDS Overview of Funds .......................................................................................................... 34 Fund Structure – FY 2021 Budget .......................................................................... 37 All Funds Summary ( FY 2019 – FY 2021) ............................................................... 38 FY 2021 Operating Budget – All Funds Summary .............................................. 39 FY 2021 Citywide Revenues ................................................................................... 41 FY 2021 Citywide Expenditures – by Fund Type .................................................. 41 General Fund Overview ................................................................................................. 42 Net Property Tax Revenue ..................................................................................... 42 Utility Service Tax Revenue .................................................................................... 43 Franchise Tax Revenue .......................................................................................... 43 FY 2021 Proposed Budget i Table of Contents Simplified Communications Tax Revenue .......................................................... 44 Building Permit Revenue ........................................................................................ 44 Other User Charges/Fees Revenue ..................................................................... 45 State Shared Revenue ........................................................................................... 45 Fire-Rescue Assessment Fee Revenue ................................................................ 46 Local Business Tax Revenue .................................................................................. 46 General Fund Expense Summary by Category ................................................. 50 How the General Fund Dollar is Spent ................................................................ 50 General Fund (001) – Change in Fund Balance ................................................ 51 FY 2021 General Fund Revenues .......................................................................... 52 FY 2021 General Fund Expenditures .................................................................... 52 Building Fund Overview ................................................................................................. 53 Building Permit Revenue Ten-Year History .......................................................... 53 Building Fund (114) - Summary (FY 2019 – FY 2021) ........................................... 54 Debt Service Fund Overview ......................................................................................... 55 Debt Service Fund (223) – Summary (FY 2019 – FY 2021) .................................. 55 General Obligation Bond (GOB) Fund Overview ....................................................... 57 Debt Service GOB Fund (226) – Summary (FY 2019 – FY 2021) ........................ 57 Gas Tax Fund Overview ................................................................................................. 58 Gas Tax Revenues Ten-Year History .................................................................... 58 Gas Tax Fund (336) - Summary (FY 2019 – FY 2021) ........................................... 58 Water & Sewer Utility Fund Overview ........................................................................... 59 Water Revenues Ten-Year History ........................................................................ 59 Wastewater Revenues Ten-Year History ............................................................. 60 Water & Sewer Utility Fund (442)- Summary (FY 2019 – FY 2021) ...................... 62 Stormwater Utility Fund Overview ................................................................................. 63 Stormwater Revenues Ten-Year History .............................................................. 63 Stormwater Utility Fund (443)- Summary (FY 2019 – FY 2021) ............................ 64 Golf Enterprise Fund Overview ...................................................................................... 65 Orangebrook Revenues Ten-Year History .......................................................... 65 Other Courses Revenues Ten-Year History ......................................................... 66 Concession Revenues Ten-Year History .............................................................. 66 Golf Enterprise Fund (444) - Summary (FY 2019 – FY 2021) ................................ 67 Sanitation Enterprise Fund Overview............................................................................ 68 Sanitation Fee Revenues Ten-Year History ......................................................... 68 Recycling Revenues Ten-Year History ................................................................. 69 Sanitation Enterprise Fund (445)- Summary (FY 2019 – FY 2021)....................... 70 Parking Enterprise Fund Overview ................................................................................ 71 User Fee Revenues Ten-Year History ................................................................... 71 Citation Revenues Ten-Year History ...................................................................