Flagler Beach Expenditures Reported by Account Code and Fund Type
Local Fiscal Year Ended September 30, 2009
Governmental Funds Proprietary Funds Fiduciary Funds
Per Capita
Account Code and Name Component
General Special Revenue Debt Service Capital Projects Permanent Enterprise Internal Service Pension Trust Account Total Account Total
Units
General Government Services (Not Court-Related) $ 1,699,969 $ 20,971 $ - $ - $ - $ 208,669 $ - $ 87,743 $ - $ - $ 2,017,352 $ 363.23
511 Legislative 59,697 - - - - - - - - - 59,697 10.75
512 Executive 352,796 - - - - - - - - - 352,796 63.52
513 Financial and Administrative 265,719 - - - - - - 41,474 - - 307,193 55.31
514 Legal Counsel 168,778 - - - - - - - - - 168,778 30.39
517 Debt Service Payments 171,384 20,971 - - - 208,669 - - - - 401,024 72.20
518 Pension Benefits - - - - - - - 46,269 - - 46,269 8.33
519 Other General Government Services 681,595 - - - - - - - - - 681,595 122.72
Public Safety $ 2,028,704 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 2,028,704 $ 365.27
521 Law Enforcement 1,138,385 - - - - - - - - - 1,138,385 204.97
522 Fire Control 629,392 - - - - - - - - - 629,392 113.32
524 Protective Inspections 260,927 - - - - - - - - - 260,927 46.98
Physical Environment $ - $ 881,536 $ - $ - $ - $ 3,106,649 $ - $ - $ - $ - $ 3,988,185 $ 718.07
533 Water Utility Services - - - - - 1,464,171 - - - - 1,464,171 263.62
534 Garbage / Solid Waste Control Services - - - - - 694,560 - - - - 694,560 125.06
535 Sewer / Wastewater Services - - - - - 471,210 - - - - 471,210 84.84
539 Other Physical Environment - 881,536 - - - 476,708 - - - - 1,358,244 244.55
Transportation $ 468,011 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 468,011 $ 84.27
541 Road and Street Facilities 468,011 - - - - - - - - - 468,011 84.27
Culture / Recreation $ 864,419 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 864,419 $ 155.64
571 Libraries 104,284 - - - - - - - - - 104,284 18.78
572 Parks and Recreation 727,982 - - - - - - - - - 727,982 131.07
579 Other Culture / Recreation 32,153 - - - - - - - - - 32,153 5.79
Other Uses and Non-Operating $ 1,185 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 1,185 $ 0.21
581 Inter-Fund Group Transfers Out 1,185 - - - - - - - - - 1,185 0.21
Total - All Account Codes $ 5,062,288 $ 902,507 $ - $ - $ - $ 3,315,318 $ - $ 87,743 $ - $ - $ 9,367,856 $ 1,686.69
2009 Municipal Population: 5,554
Notes:
1) The definitions of fund types and expenditure accounts, as summarized below, were obtained from the State of Florida's Uniform Accounting System Manual for Florida Municipalities (2011 Edition), which is available at www.myfloridacfo.com/aadir/localgov/DocsManuals/2011UASManualMunicipalities122910.pdf
2) Governmental Funds, which are defined below, are those funds through which most governmental functions are typically financed.
A) The General Fund accounts for all financial resources not accounted for and reported in another fund.
B) Special Revenue Funds account for the proceeds of specific revenue sources that are restricted or committed to expenditure for specified purposes other than debt service or capital projects.
C) Debt Service Funds account for financial resources that are restricted, committed, or assigned to expenditure for principal and interest.
D) Capital Projects Funds account for financial resources that are restricted, committed, or assigned to expenditure for capital outlays.
E) Permanent Funds account for resources that are restricted to the extent that only earnings, and not principal, may be used for purposes that support the reporting government's programs - that is, for the benefit of the government or its citizens.
3) Proprietary Funds, which are defined below, are used to account for a government's ongoing organizations and activities that are similar to those often found in the private sector.
F) Enterprise Funds account for operations that are financed and operated in a manner similar to private business enterprises where the governing body's intent is that the costs of providing goods or services be financed or recovered primarily through user charges or where the governing body has decided that periodic determination of revenues earned, expenses
incurred and / or net income is appropriate for capital maintenance, public policy, management control, accountability, or other purposes.
G) Internal Service Funds account for the financing of goods or services provided by one department or agency to other departments or agencies of the governmental unit, or to other governmental units, on a cost-reimbursement basis.
4) Fiduciary Funds, which are defined below, are used to account for assets held by a governmental unit in a trustee capacity or as an agent for individuals, private organizations, governments, or other funds.
H) Pension Funds account for assets of defined pension plans, defined contribution plans, other post-employment benefit plans, or other employee benefit plans held by a government in a trustee capacity.
I) Trust Funds account for other assets held by the government in a purely custodial capacity.
5) According to the Governmental Accounting Standards Board (GASB), a Component Unit is defined as "a legally separate organization for which the elected officials of the primary government are financially accountable or where the nature and significance of their relationship with the primary government are such that exclusion would cause the reporting entity's financial
statements to be misleading." In other words, a component unit is a sub-organization of a government that carries out some function, many times the function is business-like, on behalf of the primary government, and that sub-organization is financially connected to the primary government.
6) Expenditures denote "the cost of goods delivered or services rendered (whether paid or unpaid) including expenses, capital outlays, and the provisions for debt retirement where such debt is not reported as a liability of the fund from which it was retired."
Data Source: Florida Department of Financial Services, Division of Accounting and Auditing, Bureau of Local Government.
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