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HomeMy WebLinkAbout2009 09 14 Public Hearings 501 Approval of Resolution 2009-46 Establishing Tentative Budget for FY 2009-2010SECOND ITEM OF THE EVENING COMMISSION AGENDA ITEM 501 September 14, 2009 Meeting CONSENT INFORMATIONAL PUBLIC HEARING XX REGULAR MGR /DEPT. Kp Authorization PUBLICLY ANNOUNCE THE REQUEST REQUEST: The City Manager is requesting that the City Commission hold a Public Hearing relative to the approval of Resolution No. 2009-46, establishing the Tentative Budget for Fiscal Year 2009-2010. PURPOSE: The purpose of this agenda item is to have the Commission approve Resolution No. 2009-46, otherwise known as the Tentative Budget for Fiscal Year 2009-2010. CONSIDERATIONS: ^ On July 27, 2009, the Commission established the 2009-2010 proposed operating millage rate (millage cap) at 2.4714 mills and the proposed voted debt service millage rate at 0.1100 mills. The proposed operating millage rate of 2.4714 as submitted on the DR-420 is 9.79% less than the rolled-back rate. Resolution No. 2009-46 establishes the 2009-2010 tentative millage rates. ^ The operating millage rate for the current fiscal year 2008-2009 is 2.4714 mills. The voted debt service millage for the current fiscal year 2008-2009 is 0.1100 mills. ^ The FY 2009-2010 Proposed Budget reflected an operating millage rate of 2.4714 mills. ^ The rolled-back rate for fiscal year 2009-2010 is 2.7395 mills. ^ Any subsequent revisions by the City Commission to the tentative budget and/or the tentative millage rates will be reflected in the Final Millage and Final Budget Hearings scheduled for September 28, 2009 at 5:15 p.m. However, the tentative millage rates established tonight can not be exceeded at the final hearing. 091409_COMM_ Public_Hearing_501_Tentative_Budget.docx RECOMMENDATION: ^ Recommend that the Commission approve the tentative budget for fiscal year 2009-2010 or amend it as it deems necessary. ^ Recommend that the Commission adopt Resolution No. 2009-46 establishing the tentative budget for Fiscal Year 2009-2010 as approved by the Commission; and adopt Resolution No. 2009-46 authorizing the City to advertise the City's intent to hold public hearings to adopt final millage rates and final budget and to include a budget summary in a newspaper of general circulation in compliance with Florida Statute 200.065. IMPLEMENTATION SCHEDULE: Upon approval and adoption of Resolution No. 2009-46, a budget summary advertisement will be placed in the Orlando Sentinel on September 24, 2009 reflecting the Tentative Budget for Fiscal Year 2009-2010. ATTACHMENTS: 1 -Resolution No. 2009-46 2 -Revisions subsequent to 2009-2010 Proposed Budget: General Fund Other Governmental Funds Enterprise Funds COMMISSION ACTION: 091409_COMM_ Public_Hearing_501_Tentative_Budget.docx RESOLUTION N0.2009-46 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF WINTER SPRINGS, FLORIDA, ADOPTING THE TENTATIVE BUDGET FOR THE CITY OF WINTER SPRINGS FOR THE FISCAL YEAR COMMENCING ON OCTOBER 1, 2009 AND ENDING ON SEPTEMBER 30, 2010; PROVIDING FOR THE REPEAL OF PRIOR INCONSISTENT RESOLUTIONS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Commission of the City of Winter Springs has adopted a tentative operating millage rate and a tentative voted debt service rate at a public hearing pursuant to Florida Statute 200.065, Subparagraph (c); WHEREAS, the City Commission desires to adopt the tentative 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 tentative millage rate for the City of Winter Springs for fiscal year 2009-2010, the City Commission adopts its tentative budget as may be amended for the fiscal year commencing October 1, 2009 and ending September 30, 2010 as presented at its regularly scheduled Public Hearing assembled on the date of this Resolution, with all amendments, if any, adopted at that meeting. Section 3. The proposed expenditures in the tentative budget including interfund transfers are as follows: General Fund - $17,139,901; Other Governmental Funds - $19,240,512; Enterprise Funds - $12,142,809. The budget is based upon gross taxable value as reported by the Seminole County Property Appraiser on line 4 of the DR-420 of $1,818,059,818. Section 4. Within fifteen (15) days of the date of this Resolution, the City Clerk shall advertise in a newspaper of general circulation its intent to finally adopt the millage rates and budget and shall hold a public hearing to adopt the millage rates and finalize the budget not less than two (2) days or more than five (5) days after the date the advertisement is published. City of Winter Springs, Florida Resolution 2009-46 Page 1 of 2 Section 5. 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 6. 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 7. Effective Date. This Resolution shall become effective immediately upon its 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 14a' 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 2009-46 Page 2 of 2 Revisions subsequent to the 2009-2010 Proposed Budget Fiscal Year 2009-2010 Budget Other Governmental General Fund Funds Enterprise Funds Total Expenditures-Proposed $1s,ass,osl $1s,2ss,5so $11,751,2x2 $a7,sls,ss3 Revisions since Proposed: Eliminated Block 22 handguns (2115) -duplication ($900) ($900) Transfer to General Fund reduced due to PCST 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 $2,000 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 Expenditures -Tentative $17,139,901 $19,240,512 $12,142,809 $48,523,222 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) ($19,6x8) 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 Revenues -Tentative $15,995,928 $16,771,483 $9,602,168 $42,369,579... 091409_COMM_Public_Heari ng_501 _Tentative_Budget RESOLUTION NO. 2009-46 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF WINTER SPRINGS, FLORIDA, ADOPTING THE TENTATIVE BUDGET FOR THE CITY OF WINTER SPRINGS FOR THE FISCAL YEAR COMMENCING ON OCTOBER 1, 2009 AND ENDING ON SEPTEMBER 30, 2010; PROVIDING FOR THE REPEAL OF PRIOR INCONSISTENT RESOLUTIONS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Commission of the City of Winter Springs has adopted a tentative operating millage rate and a tentative voted debt service rate at a public hearing pursuant to Florida Statute 200.065, Subparagraph (c); WHEREAS, the City Commission desires to adopt the tentative 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 tentative millage rate for the City of Winter Springs for fiscal year 2009 -2010, the City Commission adopts its tentative budget as may be amended for the fiscal year commencing October 1, 2009 and ending September 30, 2010 as presented at its regularly scheduled Public Hearing assembled on the date of this Resolution, with all amendments, if any, adopted at that meeting. Section 3. The proposed expenditures in the tentative budget including interfund transfers are as follows: General Fund $17,139,901; Other Governmental Funds $19,240,512; Enterprise Funds $12,142,809. The budget is based upon gross taxable value as reported by the Seminole County Property Appraiser on line 4 of the DR -420 of $1,818,059,818. Section 4. Within fifteen (15) days of the date of this Resolution, the City Clerk shall advertise in a newspaper of general circulation its intent to finally adopt the millage rates and budget and shall hold a public hearing to adopt the millage rates and finalize the budget not less than two (2) days or more than five (5) days after the date the advertisement is published. City of Winter Springs, Florida Resolution 2009 -46 Page 1 of 2 Section 5. 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 6. 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 7. Effective Date. This Resolution shall become effective immediately upon its 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 14 day of September 2009. 44/fri 1 ''..1 Joh Bush, Mayor ATT ST: A nzo- Luaces, City Clerk Approved as to legal form and sufficiency for The City of Winter Springs only: 37— Anthony A. Garganese, City Attorney City of Winter Springs, Florida Resolution 2009 -46 Page 2 of 2