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Home My WebLink About2009 09 28 Public Hearing 501 Approval of Resolution Number 2009-48 Establishing the Final Budget For Fiscal Year 2009-2010SECOND ITEM OF THE EVENING COMMISSION AGENDA CONSENT INFORMATIONAL ITEM 501 BLIC HEARING I XX September 28, 2009 Meeting MGR1~~ /DEPT. ~~ Authorization REQUEST: The City Manager is requesting that the City Commission hold a Public Hearing relative to the approval of Resolution No. 2009-48, establishing the Final Budget for Fiscal Year 2009-2010. PURPOSE: The purpose of this agenda item is to have the Commission approve Resolution No. 2009-48 which will establish the Final Budget for Fiscal Year 2009-2010. CONSIDERATIONS: The proposed final budget was prepared at the direction of the Commission using an Operating Millage Rate of 2.4714 mills and a Voted Debt Service Millage Rate of 0.1100 mills. The total expenditures in the proposed final budget which include interfund transfers are $48,548,222 and are comprised of the following: General Fund $17,139,901 Other Governmental Funds $19,265,512 Enterprise Funds $12,142,809 RECOMMENDATION: ^ That the Commission amend the Final Budget for Fiscal Year 2009-2010 as it deems necessary. ^ That the Commission adopt Resolution No. 2009-48 establishing the Final Budget for Fiscal Year 2009-2010 as amended by the Commission. IMPLEMENTATION SCHEDULE: Upon approval and adoption of Resolution No. 2009-48, the Final Budget for Fiscal Year 2009- 2010 will be implemented and become effective on October 1, 2009. 092809_COMM_Public_Hearing_501 _Final_Budget.docx ATTACHMENTS: Resolution No. 2009-48 Revisions Subsequent to the 2009-2010 Proposed Budget - Line items in grey highlight represent changes subsequent to the Tentative Budget (Public Hearing 501; 9/14/09). COMMISSION ACTION: 092809_COMM_Public_Hearing_501 _Final_Budget.docx RESOLUTION NO. 2009-48 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF WINTER SPRINGS, FLORIDA, ADOPTING THE FINAL BUDGET FOR THE CITY OF WINTER SPRINGS FOR THE FISCAL YEAR COMMENCING ON OCTOBER 1, 2009 AND ENDING ON SEPTEMBER 30, 2010; PROVIDING FOR SEVERABILITY; PROVIDING FOR THE REPEAL OF PRIOR INCONSISTENT RESOLUTIONS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Commission of the City of Winter Springs of Seminole County, Florida, on September 28, 2009, held a public hearing as required by Florida Statute 200.065; WHEREAS, the City Commission of the City of Winter Springs desires to adopt the final budget; and WHEREAS, the City Commission of the City of Winter Springs deems that this Resolution is in the best interest of the public health, safety, and welfare of the citizens of Winter Springs. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF WINTER SPRINGS, SEMINOLE COUNTY, FLORIDA, AS FOLLOWS: Section 1. Incorporation of Recitals. The foregoing recitals are deemed true and correct and are hereby fully incorporated by this reference. Section 2. Having previously adopted a final millage rate for the City of Winter Springs for fiscal year 2009-2010 the City Commission adopts its final budget as may be amended for the fiscal year commencing October 1, 2009 and ending September 30, 2010 as presented at its regular meeting assembled on the date of this Resolution, with all amendments, i f any, adopted at that meeting. Section 3. The expenditures in the final budget are $48,548,222 which includes intef•fund transfers and is comprised of the following: General Fund - $17,139,901 Other Goven~mental Funds - $19,265,512; and Enterprise Funds - $12,142,809. The budget is based upon gross taxable value (real, personal, and centrally assessed property) of $1,818,059,818. Section 4. Within three (3) days of the date of this Resolution, the Finance Director shall forward the Resolution adopting the final millage rates to the Seminole County Property Appraiser and the Seminole County Tax Collector. City of Winter Springs, Florida Resolution 2009-48 Page 1 of 2 Section 5. Within thirty (30) days of the date of this Resolution, the Finance Director will certify compliance with Chapter 200, Florida Statutes by causing the Certification of Compliance, along with all necessary documentation, to be sent to the Property Tax Administration Program of the Department of Revenue. Section 6. Repeal of Prior Inconsistent Resolutions. All prior resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of the conflict. Section 7. Severability. If any section, subsection, sentence, clause, phrase, word, or portion of this Resolution is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining portion hereto. Section 8. Effective Date. This Resolution shall become effective immediately upon adoption by the City Commission of the City of Winter Springs, Florida. RESOLVED by the City Commission of the City of Winter Springs, Florida, in a regular meeting assembled on this 28`I' day of September 2009. John F. Bush, Mayor ATTEST: Andrea Lorenzo-Luaces, City Clerk Approved as to legal form and sufficiency for The City of Winter Springs only: __ _ _ -- Anthony A. Garganese, City Attorney City of Winter Springs, Florida Resolution 2009-48 Page 2 of 2 Revisions subsequent to the 2009-2010 Proposed Budget Sections in grey-highlight represents changes subsequent to the Tentative Budget (9.14.09) Fiscal Year 2009-2010 Budget Other Governmental General Fund Funds Enterprise Funds Total Expenditures-Proposed $16,469,091 $19,296,580 $11,751,292 $47,516,963 Revisions since Proposed: Eliminated Block 22 handguns (2115) -duplication ($900) ($900) Transfer to General Fund reduced due to POST revenue reduction ($75,000) ($75,000) Reduce Dues and Reg (1360) ($650) ($650) ($1,300) Solid Waste Fund -Waste Pro perfomance bonus escalator $2,500 $2,500 Transfer to CW Debt Svc. (flat voted millage) $28,100 $28,100 Operating Lease (Color Copier -City Hall) $2,250 $2,250 Health Insurance Premium -approx 1% increase not needed due to FLC program. also includes effect of inter-fund transfers ($6,115) ($24) ($2,157) ($8,296) Increased Partnership expenditures (increased revenues as well) $4,000 $4,000 Increased Field Rental/Sport Camp expenditures $2,000 52,000 Improvements to WTP #2 to occur FY 10 not FY 09 $375,000 $375,000 Workman's Comp rate revision ($18,405) ($544) ($7,224) ($26,173) Insurance liability premium reduction; prior yr credit ($85,000) ($85,000) TLBD -irrigation retrofit, increase to maximum bid $17,000 $17,000 Comm Events (Veteran's/Parade/TreeLighting) $17,500 $17,500 Capital Consideration List (from Reserves with Grant and transfer offsets) $728,030 $728,030 Capital Consideration List -Transfers to General Fund related to capital expenditures $26,548 $26,548 Ernployee Development -Police Department $25,000 $25,000 Expenditures -Final $17,139,901 $19,265,512 $12,142,809 $48,548,222 Revenues-Proposed $15,873,690 $16,916,426 $9,552,362 $42,342,478 Revisions since Proposed: Ad Valorem increase due to higher taxable values on DR 420 $10,798 $10,798 Reduce transfer from PCST ($75,000) ($75,000) ($150,000) Further reduce State sales tax revenue by 1.6% ($29,986) ($29,986) Transfer from W&S reduced due to 1360 exp reduction ($650) ($650) Reduced 2010 Assessments due to 2009 prepayments ($114) ($114) Ad Valorem increase (higher taxable values; rounding) $29 $29 Increased Partnership revenues (increased expenditures as well) $7,880 $7,880 Decreased Field Rentals ($700) ($700) Delinquent Fire Fee Assessment -reduce FY 2010 for assessments arriving in FY 2009 ($19,668) ($19,668) Reduce ad valorem for voted debt (keep millage rate flat) ($28,100) ($28,100) Health Insurance Premium -approx 1 % increase not needed due to FLC program; also includes effect of inter-fund transfers ($209) ($24) ($233) Increase transfer from General Fund to keep voted debt millage flat $28,100 $28,100 Workman's Comp rate revision ($794) ($360) ($1,154) Service Availability Fees -moved from Sp Rev Fund to Enterprise Fund ($50,190) $50,190 $0 Capital Consideration List -Public Safety Byrne grant $109,351 $109,351 Capital Consideration List - FRDAP Grant -Dog Park $75,000 $75,000 Capital Consideration List -Transfers from Enterprise related to capital expenditures $26,548 $26,548 WorkFOrce Reimbursement for Employee Development -Police Department $12,000 $12,000 Splash Pad revenue reductions to better align with historicals ($10,000) ($10,000) School Resource Officer contract reduction ($8,300) ($&,300j Revenues - Flnai $15,977,628 $16,783,483 $9,602,168 $42,363,279. 092809_COMM_Public_Hearing_501 _Final_Budget RESOLUTION NO. 2009 -48 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF WINTER SPRINGS, FLORIDA, ADOPTING THE FINAL BUDGET FOR THE CITY OF WINTER SPRINGS FOR THE FISCAL YEAR COMMENCING ON OCTOBER 1, 2009 AND ENDING ON SEPTEMBER 30, 2010; PROVIDING FOR SEVERABILITY; PROVIDING FOR THE REPEAL OF PRIOR INCONSISTENT RESOLUTIONS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Commission of the City of Winter Springs of Seminole County, Florida, on September 28, 2009, held a public hearing as required by Florida Statute 200.065; WHEREAS, the City Commission of the City of Winter Springs desires to adopt the final budget; and WHEREAS, the City Commission of the City of Winter Springs deems that this Resolution is in the best interest of the public health, safety, and welfare of the citizens of Winter Springs. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF WINTER SPRINGS, SEMINOLE COUNTY, FLORIDA, AS FOLLOWS: Section 1. Incorporation of Recitals. The foregoing recitals are deemed true and correct and are hereby fully incorporated by this reference. Section 2. Having previously adopted a final millage rate for the City of Winter Springs for fiscal year 2009 -2010 the City Commission adopts its final budget as may be amended for the fiscal year commencing October 1, 2009 and ending September 30, 2010 as presented at its regular meeting assembled on the date of this Resolution, with all amendments, i f any, adopted at that meeting. Section 3. The expenditures in the final budget are $48,548,222 which includes interfund transfers and is comprised of the following; General Fund - $17,139,901 Other Governmental Funds - $19,265,512; and Enterprise Funds — $12,142,809. The budget is based upon gross taxable value (real, personal, and centrally assessed property) of $1,818,059,818. Section 4. Within three (3) days of the date of this Resolution, the Finance Director shall forward the Resolution adopting the final millage rates to the Seminole County Property Appraiser and the Seminole County Tax Collector. City of Winter Springs, Florida Resolution 2009 -48 Page 1 of 2 Section 5. Within thirty (30) days of the date of this Resolution, the Finance Director will certify compliance with Chapter 200, Florida Statutes by causing the Certification of Compliance, along with all necessary documentation, to be sent to the Property Tax Administration Program of the Department of Revenue. Section 6. Repeal of Prior Inconsistent Resolutions. All prior resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of the conflict. Section 7. Severability. If any section, subsection, sentence, clause, phrase, word, or portion of this Resolution is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining portion hereto. Section 8. Effective Date. This Resolution shall become effective immediately upon adoption by the City Commission of the City of Winter Springs, Florida. RESOLVED by the City Commission of the City of Winter Springs, Florida, in a regular meeting assembled on this 28 day of September 2009. n F. Bush, Mayor ATTEST: Ari�rea,prenzo- Luaces, City Clerk Approved as to legal form and sufficiency for The Cit4 Winter Springs only: 4", Anthony A. Garganese, City Attorney City of Winter Springs, Florida Resolution 2009 -48 Page 2 of 2