Fiscal Year 2023 Final Approved Budget

Margarita Alfaro Uncategorized

Tax Collector for Polk County
Budget Information

Actual FYE
9/30/2022
Budget FYE
9/30/2023
Increase
(Decrease)
Revenues:
Tax Commissions and Fees $15,883,676 $17,264,207 $1,380,531
(1)
DMV Fees $3,408,175 $3,631,000 $222,825
(2)
DL Fees $1,579,412 $1,550,000 $(29,412)
Business Tax Receipts $363,313 $348,500 $(14,813)
Tourist Development Taxes $697,270 $640,000 $(57,270)
Utility Payment Processing $125,404 $122,000 $(3,404)
Concealed Weapons Permits $165,018 $150,000 $(15,018)
Miscellaneous $349,526 $59,000 $(290,526)
(3)
Total Revenues $22,571,794 $23,764,707 $1,192,913
Expenses:
Personal Services $16,578,441 $18,978,903 $2,400,462
(4)
Professional Services $711,124 $995,577 $284,453 (5)
Contractual Expenses $752,446 $890,420 $137,974
(6)
Travel & Education $60,621 $133,713 $73,092
Postage $614,270 $540,500 $(73,770)
Rent & Lease $217,633 $244,100 $26,467
Repairs & Maintenance $84,203 $209,110 $124,907
(7)
Printing & Binding $265,368 $337,500 $73,132
Office Supplies $193,780 $293,950 $30,845
(8)
Communications $184,155 $215,000 $57,147
Other $260,099 $317,246 $95,386
Total Expenses $19,922,140 $23,156,019 $3,233,879
Capital Outlay: $365,012 $180,000 $(185,012)
(9)
Total Expenses & Capital Outlay: $20,287,152 $23,336,019 $3,048,867
Total Excess Fees: $2,284,642 $428,688 $(1,855,954)

Description/Explanation:

(1) Increase in tax roll for 2022  compared to tax roll for 2021.
(2) Increase is following the recent trend in vehicle registrations and titles.
(3) The Tax Collector’s office received funds from the American Rescue Plan Act in FY21-22.
(4) Salary increase of 3.5% and health insurance increase of 10% is budgeted for FY22-23.
(5) Improvements to our high speed mail processing software and equipment are budgeted for FY22-23.
(6) Budget increase is due to rising costs of security personnel.
(7) Budget increase is due to flooring needing to be replaced in the Lakeland Service Center as well as necessary repairs to the Bartow Service Center.
(8) The Lake Alfred Service Center will be opening in FY22-23 which will require a large initial purchase of office supplies and IT equipment.
(9) The Tax Collector’s office purchased cash counting machines for each service center in FY21-22 which significantly increased efficiency in our end of day closing process. Servers were also purchased for the Lake Alfred Service Center in FY21-22. These were one-time capital purchases.