Jupiter ’ s Budget at a Glance
After a period of high growth in the late 1990 ’ s , Jupiter is now near build-out and shifting its focus to redevelopment of the older and commercial areas in the town . Investment in local , small business and bioscience and technology industries are helping to mitigate the effects of a down economy and stabilize home values .
Since 2007 , the Town has reduced its workforce by 76 positions , or about 18 %. In Fiscal 2013 , 2.25 positions will be added in order to continue to provide quality services and to accomodate the shifting needs of the residents as our community and ecomony evolve . Operational cost reductions have helped to lessen the
FTE ' s
440 420 400 380 360 340 320 300
Full-time Equivalents ( FTE ' s ) by Fiscal Year
311
333
357
375
401
411 402
411 420 . 5 416.5 393.5
378 362.25
342.25 344.5
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Fiscal Year
- 76 FTE ' s
Jupiter Resident Tax Bill
( based on 8 / 11 tax estimate )
School Board 40.6 % impact of rising costs , allowing the Town to keep property tax rates flat in 2013 , marking the fourth year in a row that this rate has remained the same . In 2013 , rates charged by the Town ’ s water utility will also remain the same as in 2012 .
Special Taxing Districts 14.5 %
Town of Jupiter 12.9 %
Fire Rescue 10 %
Palm Beach County 22 %
Revenues from property taxes will be almost the same in 2013 as the amount collected in 2012 . Slightly higher revenues in other tax and fee categories contribute to an overall revenue increase of approximately $ 700,000 .
Stormwater $ 2,285,395
Fiscal Year 2012 ( October 1 , 2011 - September 30 , 2012 )
Water $ 25,181,663 32 %
3 % Debt $ 5,452,190
7 % $ Building
2,182,794 3 %
FY2012 Budget
$ 79,354,284
CIP $ 5,040,223 6 %
General Fund $ 39,212,019 49 %
Jupiter ’ s Total Budget
The total budget in 2012 was $ 79.35 million , including capital investments . In 2013 , the total budget will be reduced by $ 455,000 , to $ 78.89 million . A decrease in the water utility budget is the primary reason for the overall budget reduction from FY 2012 .
Water $ 22,316,624 28 %
Stormwater $ 2,230,732 3 %
Fiscal Year 2013 ( October 1 , 2012 - September 30 , 2013 )
Debt $ 5,653,939
7 % Building
$ 3,115,400 4 %
FY2013 Budget
$ 78,899,163
CIP $ 5,514,175 7 %
General Fund $ 40,068,293 51 %
Other Taxes $ 12,070,000 31 %
Licenses & Permits $ 576,850 1 %
2012 General Fund Revenues
Utilization of Fund Balance $ 314,963 1 %
Charges for Services $ 6,048,549 15 %
$ 39,534,162
Fines & Forfeitures $ 249,800 1 %
Transfers $ 2,415,000 6 %
Ad Valorem Taxes $ 15,088,657 38 %
Miscellaneous $ 498,200 1 %
Inter-governmental $ 1,950,000 5 %
Where the Money Comes From ...
Jupiter ’ s most significant source of funding for its general operations is property taxes , and in 2013 tax revenues remain relatively flat compared to 2012 . Economic uncertainty has impacted several revenue sources relied upon by the Town , including fees , sales tax revenues , and permits . Using careful financial planning to ensure that it has a healthy fund balance , the Town Council has set a goal of keeping at least 25 % of operating expenses on-hand in its General Fund balance . In Fiscal Year 2012 , as well as in 2013 , a portion of fund balance was used to bridge operating expenses as the Town repositions the organization for sustainability .
2013 General Fund Revenues
Other Taxes $ 12,218,541 31 %
Licenses & Permits $ 551,515 1 %
Charges for Services $ 6,207,472 15 %
Utilization of Fund Balance $ 338,530 1 %
$ 40,068,292
Fines & Forfeitures $ 199,800 1 %
Transfers $ 2,615,000 6 %
Ad Valorem Taxes $ 15,065,128 38 %
Miscellaneous $ 403,067 1 %
Inter-governmental $ 2,468,040 6 %
2012 General Fund Expenses
Contingency Reserve $ 443,000 1 %
General Government $ 13,499,853 34 %
Engineering & Public Works $ 3,633,711 9 %
Law Enforcement $ 17,976,395 46 %
Parks & Recreation $ 3,659,060 9 %
Where the Money Goes ...
Jupiter prides itself on its quality of life , and central to that is having a safe and secure community . Law Enforcement makes up the largest portion of expenditures , followed by the operation of General Government functions . These include the expenses associated with running all of the services of the local government , such as parks , recreation programs ,
2013 General Fund Expenses
Contingency Reserve $ 285,000
General Government 1 % $ 13,920,217 34 %
$ 39,534,162 $ 40,068,292
neighborhood programs , financial management , planning and zoning , and many others .
The Town has worked hard to fill only necessary vacancies , yet continue to offer excellent services . In Fiscal Year 2013 , there is a slight increase in the General Fund , but overall costs will remain flat .
Engineering & Public Works $ 3,830,782 9 %
Law Enforcement $ 18,292,555 46 %
Parks & Recreation $ 3,824,601 9 %