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Deltona finance director explains revenue mix, budget calendar and city debt at Citizens Academy
Summary
Finance Director Mary Lisonbee reviewed the city’s fund structure, revenue sources, capital program and outstanding debt for government and utility funds and described the budget calendar and required public steps under Florida’s TRIM process.
Mary Lisonbee, the City of Deltona finance director, told a Citizens Academy that the city operates multiple funds and must follow state law and government accounting standards when preparing audited financial statements and the annual budget. “The state of Florida and the city charter require that the city produces a set of audited financial statements annually,” Lisonbee said.
Lisonbee outlined Deltona’s fund accounting structure — a general fund for day‑to‑day operations, about 13 special‑revenue funds (including stormwater and solid waste), three capital‑project funds and a proprietary fund for Deltona Water. She said about 32% of city revenue comes from property taxes, roughly 22% from other taxes (sales, utility and communications…
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