The City of Palm Beach Gardens fund structure consits of two major fund groups: Governmental and Propreitary. The Governmental fund group consists of the General Fund, Special Revenue Funds, and Capital Project Funds. The Proprietary group consists of Internal Service Funds.
This section provides an analysis of Revenues and Expenditures for all of the City's operating funds. Each summary provides a comparison of two years of actual history, one year of estimated actual, one year of amended budget, and one year of proposed budget.
Click on the links above for more detailed information for each fund.
Revenues and Other Sources
Revenues and Other Sources by Type
- Charges for Services - $35,874,079
- Intergovernmental - $12,258,850
- Permits and Fees - $7,355,930
- Miscellaneous Revenue - $7,563,550 (includes a contribution of $5,000,000 from the developers of Avenir to be used to help fund the Burns Road Renovation)
- Franchise Fees - $6,020,000
- Impact Fees - $5,740,284
It is important to note that amended, adopted, and proposed budget numbers include Beginning Fund Balance amounts, while actual and estimated actual do not. In accordance with Generally Accepted Accounting Principles, actual amounts reflect only revenues recognized each year. Beginning Fund Balance represents resources received and recognized in prior years as revenue but are available for appropriation in future years.
Expenditures and Other Uses
Expenditures and Other Uses by Type
- Operating - $40,716,821
- Debt Service - $6,925,167
- Capital Outlay - $6,680,210
It is important to note that amended, adopted, and proposed budget numbers include Reserves, while actual and estimated actual do not. In accordance with Generally Accepted Accounting Principles, actual amounts reflect only expenditures recognized each year. Reserves represent funds that are held for restricted purposes or may be reallocated for specific purposes throughout the fiscal year.