440 420 400 380 360 340 320 300
311
Full-time Equivalents ( FTE ' s ) by Fiscal Year
333
357
375
411 401 402
Jupiter ’ s Budget at a Glance
2014 brought further economic stabilization to Jupiter ’ s local economy . Property values increased by 3.94 % overall , resulting in $ 601,264 in increased general fund revenues from ad valorem tax dollars . This increase in dollars was realized while maintaining a tax rate of 2.2195 mils ( dollars per $ 1,000 of taxable property value ), which was the same as the rate in 2013 .
In spite of the increase in tax revenues , however , the Town planned for only a modest increase in its operating budget . Compared to 2013 , the Town ’ s overall operating budget increased by $ 1.8 million to $ 75.9 million . This increase in operating expenditures was mainly due to increases in the building fund and general fund activity .
420.5 416 . 5
411 393.5
378 362.25
-66.25 FTE ' s
342.25 344 . 5 343.3
354.25
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Typical Jupiter Resident Tax Bill
10 %
23 %
13 % 40 %
In terms of capital investment , the
14 % Town ’ s approved five-year Community Investment Program ( CIP ) for 2014- 2018 totalled $ 24.9 million . Capital expenditures in 2014 accounted for $ 3.9 million of that five-year total .
School board Special Taxing Districts Palm Beach County Fire Rescue Town of Jupiter
In 2014 , the Town organization was made up of 343 employees : 243 regular employees and 100 contract employees ( sworn police personnel ). Employee salaries and benefits comprise a large portion of operating costs for the Town , and the Town has worked to structure a program that balances employee needs and fiscal responsibility .
Fiscal Year 2014 - Amended Budget ( October 1 , 2013 - September 30 , 2014 )
CIP $ 3,955,450
5 %
Debt - Com . Ctr ./ Open Space $ 2,146,345 3 % Debt - Cap . Impvs . $ 4,141,016 5 %
Building $ 4,078,513 5 %
Stormwater $ 2,265,673 3 %
General Fund $ 41,263,200 52 %
Water $ 22,042,305 27 %
2014 General Fund Revenues ( Amended Budget )
Miscellaneous $ 476,035 - 1 %
Intergovernmental $ 2,141,197 - 5 %
Transfers $ 2,740,000
7 % Fines & Forfeitures $ 201,000 1 % Charges for Services $ 6,534,775 16 %
Lic . & Permits $ 564,000 - 1 %
2014 General Fund Expenses ( Amended Budget )
Engineering & Public Works $ 4,051,739 10 %
Law Enforcement $ 19,046,050 46 %
Utilization of Fund Balance $ 471,066 - 1 % Ad Valorem
Taxes $ 15,691,428 38 %
$ 41,263,200
Other Taxes $ 12,423,699 30 %
General Government $ 14,045,637 34 %
Parks & Recreation $ 4,119,774 10 %
( October 1 , 2014 - September 30 , 2015 )
CIP $ 9,866,367
11 % Debt - Com . Ctr ./ Open Space $ 2,142,545 2 %
$ 86,804,663
Debt - Cap . Impvs . $ 3,907,000 5 %
Building $ 3,610,756
4 % Stormwater $ 2,386,882 3 %
$ 79,892,502 and public safety related activity . In fiscal year $ 86,804,663
$ 41,263,200
Jupiter ’ s Total Budget
Jupiter ’ s fiscal year runs from October 1 through September 30 . The total revised budget in fiscal year 2014 was $ 79.8 million , including capital investments . This is an increase of $ 200,000 over FY 2013 , due mainly to increases in construction
2015 , the total adopted budget is $ 86.8 million .
Where the Money Comes From ...
Jupiter ’ s most significant source of funding for its general operations is property ( or ad valorem ) taxes . In 2015 tax revenues are projected to increase slightly compared to 2014 , primarily due to an increase in property values in the Town . In Fiscal Year 2014 , as well as in 2015 , a portion of the Town ’ s fund balance is used to bridge operating expenses . The amount of fund balance used for this purpose increases in 2015 compared to 2014 due to the shifting of $ 1 million in ad valorem tax dollars to the Town ’ s Community Investment Program and a revision to the Town ’ s compensation plan .
Where the Money Goes ...
Looking at Jupiter ’ s expenditures , it is evident that great importance is placed on the safety and security of the 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 , neighborhood programs , financial management , planning and zoning , and many others . Overall , General Fund expenditures are expected to increase in 2015 compared to 2014 , by approximately $ 1.3 million .
Fiscal Year 2015 - Adopted Budget
General Fund $ 42,653,300 49 %
Water $ 22,237,813 26 %
2015 General Fund Revenues ( Adopted Budget )
Miscellaneous $ 712,944 - 2 %
Intergovernmental $ 2,141,781 5 %
Transfers $ 2,940,000 7 % Fines & Forfeitures $ 199,690 1 %
Charges for Services $ 6,867,416 16 %
2015 General Fund Expenses ( Adopted Budget )
Engineering & Public Works $ 4,114,410 10 %
Law Enforcement $ 19,813,152 45 %
Utilization of Fund Balance $ 613,478 - 1 %
Lic . & Permits $ 590,000 - 1 %
$ 42,653,300
$ 43,653,300
Ad Valorem Taxes $ 16,244,627 38 %
Other Taxes $ 12,343,364 29 %
General Government $ 15,390,767 35 %
Parks & Recreation $ 4,334,971 10 %