Overview
Port St. Joe's General Fund ended FY2024-25 with a $10,938,015 fund balance, down $81,789 from the prior year. Actual revenues ($8,587,210) fell well short of the final budget ($12,359,925), driven by intergovernmental revenues of $3,818,619 against a $7,473,937 budget; actual expenditures ($8,668,999) were likewise far below the $13,359,925 final budget, with capital outlay at less than half its budgeted $9,028,652. Citywide net position was $88,535,779.
At a glance
Headline budget
| General Fund actual revenues | $8,587,210 |
| General Fund final budget revenues | $12,359,925 |
| General Fund actual expenditures | $8,668,999 |
| General Fund final budget expenditures | $13,359,925 |
| General Fund ending fund balance | $10,938,015 |
| General Fund beginning fund balance | $11,019,804 |
| Net change in fund balance | −$81,789 |
| Citywide net position | $88,535,779 |
| Auditor / report date | Vance CPA LLC, May 27, 2026 |
Breakdown
General Fund revenues, budget and actual, year ended September 30, 2025. Both columns sum exactly.
| Taxes — final budget | $3,937,863 |
| Taxes — actual | $3,916,786 |
| Licenses and permits — final budget | $73,641 |
| Licenses and permits — actual | $67,826 |
| Intergovernmental — final budget | $7,473,937 |
| Intergovernmental — actual | $3,818,619 |
| Charges for services — final budget | $151,299 |
| Charges for services — actual | $135,319 |
| Fines and forfeitures — final budget | $11,543 |
| Fines and forfeitures — actual | $7,670 |
| Investment earnings and other — final budget | $711,642 |
| Investment earnings and other — actual | $640,990 |
| Total revenues — final budget | $12,359,925 |
| Total revenues — actual | $8,587,210 |
General Fund expenditures, budget and actual, year ended September 30, 2025. Both columns sum exactly.
| City commission — final budget | $96,139 |
| City commission — actual | $93,321 |
| Administration — final budget | $594,206 |
| Administration — actual | $639,165 |
| Police — final budget | $1,512,102 |
| Police — actual | $1,653,513 |
| Fire — final budget | $174,641 |
| Fire — actual | $130,722 |
| Streets and highways — final budget | $840,274 |
| Streets and highways — actual | $745,626 |
| Parks and cemeteries — final budget | $691,160 |
| Parks and cemeteries — actual | $591,663 |
| Human services — final budget | $41,764 |
| Human services — actual | $36,322 |
| Maintenance shop — final budget | $185,029 |
| Maintenance shop — actual | $132,310 |
| Capital outlay — final budget | $9,028,652 |
| Capital outlay — actual | $4,433,449 |
| Nondepartmental — final budget | $195,958 |
| Nondepartmental — actual | $212,908 |
| Total expenditures — final budget | $13,359,925 |
| Total expenditures — actual | $8,668,999 |
Elected officials
The auditors' report is addressed to the Honorable Mayor and Members of the City Council, City of Port St. Joe, Florida; no individual mayor or council member is named in the statements excerpts used, so no roster is shown rather than guessed. The city's budget procedure, per the notes: the City Clerk submits a proposed budget before September 1, a public hearing is held, and the budget is legally enacted by ordinance.
Sources & notes
- Only source used: City of Port St. Joe, Florida, Annual Financial Statements, September 30, 2025, Vance CPA LLC (report May 27, 2026, unmodified opinion on the basic financial statements). Port St. Joe FY2024-25 financial statements.
- Sum checks: final-budget revenue components sum exactly to $12,359,925 and actual components to $8,587,210; final-budget expenditure components sum exactly to $13,359,925 and actual components to $8,668,999.
- Flags: (1) the budget-and-actual schedule is Required Supplementary Information — the auditor states it does not express an opinion or provide assurance on it; (2) intergovernmental actual revenues fell $3,655,318 short of budget and capital-outlay actual spending was $4,595,203 below budget, both as printed and unexplained in the schedule.
- Jurisdiction check: document header verified as CITY OF PORT ST. JOE, FLORIDA.
- Jurisdiction palette: no verified Florida jurisdiction palette was on file, so this page uses the neutral Hometown Numbers dark-glass theme rather than a jurisdiction color.