Adopted Budget Book FY 23-24 Final with TOC links - Flipbook - Page 101
Budget-In-Brief → buDgeT oVerView
Budget Document Organization
The budget document is organized in the following sequential parts:
Table of Contents
2. City Manager’s Message-The Letter of Transmittal
This section includes the City Manager’s message to the City Commission describing the budget
as presented and factors that were considered in the preparation of the budget.
1.
3. City of Eustis Profile
This section introduces the reader to the City of Eustis, FL. Included is a map detailing the location of Eustis, FL,
4. Vision, Mission, Core Values, & Strategic Plan
This section outlines the City’s Vision, Mission Statement, Core Values, Strategies, and Goals
for its future direction.
5. Ad Valorem Millage Ranking
This section demonstrates the City of Eustis millage position among the other municipalities in
the County.
6. Citywide Organization Chart and Authorized Personnel Comparison
This section depicts the City’s reporting structure and distribution of its human resource assets.
7.
Budget-in-Brief Section
This section provides the reader with information helpful for understanding the City’s process
of developing the annual budget. Included are narratives about the budget process, fund types
and basis of budgeting, revenue sources and trends, and financial policies. Also included is a
section devoted to the City’s debt situation listing its outstanding issues, debt service funding
sources, and overall debt policy.
8. Budget Calendar
This calendar provides key dates and events throughout the course of the budget development
cycle.
9. All Funds Budget Summary
This section provides the budgeted revenue, expense, and fund balance scenarios for all the
City’s funds.
10. Expenditures – Departmental Details
Department budgets support the goals and objectives established by the City Commission.
Each departmental section provides detailed personal services, operating expenditures, and
capital outlay by departmental division line items. The capital outlay schedule includes both:
additional new items as well as replacement items.
11. Glossary
This section defines technical terms related to finance and accounting, as well as non-financial
terms related to the City.
Financial Structure
A fund is a fiscal and accounting entity with a self-balancing set of accounts recording cash and
other financial resources, together with all related liabilities and residual equities or balances,
and changes therein that are segregated for carrying on specific activities or attaining certain
Back to TOC
City of Eustis, Florida
Adopted Budget
99
