HomeMy WebLinkAbout2010 09 13 Public Hearing 501 Resolution 2010-46 Establishing Tentative Budget For Fiscal Year 2010-2011 SECOND ITEM OF THE EVENING
COMMISSION AGENDA
CONSENT
ITEM 501 INFORMATIONAL
PUBLIC HEARING XX
REGULAR
n MGR /DEPT.
September 13, 2010 ,/1/
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,
Meeting 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. 2010 -46, establishing the Tentative
Budget for Fiscal Year 2010 -2011.
SYNOPSIS: The purpose of this agenda item is to have the Commission approve Resolution
No. 2010 -46, otherwise known as the Tentative Budget for Fiscal Year 2010 -2011.
CONSIDERATIONS:
• On July 26, 2010, the Commission established the 2010 -2011 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 6.40%
less than the rolled -back rate. Resolution No. 2010 -46 establishes the 2010 -2011 tentative
millage rates.
• The operating millage rate for the current fiscal year 2009 -2010 is 2.4714 mills. The voted
debt service millage for the current fiscal year 2009 -2010 is 0.1100 mills.
• The FY 2010 -2011 Proposed Budget reflected an operating millage rate of 2.4714 mills.
• The rolled -back rate for fiscal year 2010 -2011 is 2.6404 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 27, 2010 at 5:15 p.m. However, the tentative millage rates established tonight
can not be exceeded at the final hearing.
091310_COMM_ Public _Hearing_501_Tentative_Budget
FISCAL IMPACT:
The tentative city -wide budgets by fund type currently reflect the following appropriations to
(from) fund balance:
General Fund — ($538,698); comprised of $1,955 of positive operating coverage and ($540,653)
in capital /non - recurring coverage
Governmental Funds (exclusive of General Fund) — ($2,599,303)
Enterprise Funds — ($1,026,463)
COMMUNICATION EFFORTS:
Upon approval and adoption of Resolution No. 2010 -46, a budget summary advertisement will
be placed in the Orlando Sentinel on September 23, 2010 reflecting the Tentative Budget for
Fiscal Year 2010 -2011.
ATTACHMENTS:
1 - Resolution No. 2010 -46
2 — Revisions subsequent to 2010 -2011 Proposed Budget:
General Fund
Other Governmental Funds
Enterprise Funds
RECOMMENDATION:
• Recommend that the Commission approve the tentative budget for fiscal year 2010 -2011
or amend it as it deems necessary.
• Recommend that the Commission adopt Resolution No. 2010 -46 establishing the
tentative budget for Fiscal Year 2010 -2011 as approved by the Commission; and
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.
091310_COMM_ Public_Hearing_50 1 _Tentative_Budget
RESOLUTION NO. 2010 -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, 2010 AND ENDING ON SEPTEMBER 30, 2011;
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 2010 -2011, the City Commission adopts its tentative budget as
may be amended for the fiscal year commencing October 1, 2010 and ending September
30, 2011 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 - $16,676,834; Other Governmental Funds -
$16,927,867; Enterprise Funds - $12,285,592. The budget is based upon gross taxable
value as reported by the Seminole County Property Appraiser on line 4 of the DR -420 of
$1,694,161,348.
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 2010 -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 13 day of September 2010.
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 2010 -46
Page 2 of 2
Revisions subsequent to the 2010 -2011 Proposed Budget
Other
Governmental
General Fund Funds Enterprise Funds Total
Expenditures Proposed $15,942,598 $16,741,273 $11,443,855 $44,127,726
Revisions since Proposed:
Reduce pymt to CRA based on DR420TIF ($3,615) ($3,615)
Revision to transfer from 172 to General Fund due to CST
revenue reduction ($90,283) ($90,283)
Health Insurance Premium increase $4,955 $242 $21,576 $26,773
Streetlighting under - budgeted ( #184) $3,500 $3,500
Approved capital requests (General Fd) with full to partial
revenue offset $102,182 $40,795 $142,977
Approved capital requests (General Fd) with no offset $392,912 $392,912
Utility Billing CIS Migration; funded by transfer from W &S $14,100 $14,100 $28,200
Increase of ATS fees per proposed contract revision $57,014 $57,014
Reduction of insurance premiums (general liability,
automobile, property) ($45,000) ($45,000)
Renewal of workers comp premiums ($35,881) $135 ($10,288) ($46,034)
Transfer to new Community Events Fund from General;
expenditure budget in new fund (fireworks, public safety
services) $35,000 $35,000 $70,000
Overtime for Clerk's office related to new boards (B -pac,
Advisory) $4,069 $4,069
UCF Incubator (1st yr of potential 3 funding) $75,000 $75,000
Economic Development Services $100,000 $100,000
Weblink licensing - Records Management (offset by transfers
in from Enterprise Funds) $2,900 $667 $3,567
#115 project changes $150,000 $150,000
Stormwater - Solary Canal projection revisions $687,687 $687,687
F-450 Truck (replacement) #104; partially offset by 2010
insurance proceeds $38,000 $38,000
Resurfacing #104 $50,000 $50,000
Water $ Sewer - capital additions $87,000 $87,000
Estimated fuel rate increase $23,600 $23,600
Paint supplies /equipment for City Hall - 4414 $5,000 $5,000
Collection service fees to General Fund; offset by transfer in
from Water & Sewer $2,000 $200 $2,200
Expenditures - Final $16,676,834 $16,927,867 $12,285,592 $45,890,293
.ate.. ,_ .,, ,.. ,- - a.';ss,•,, >. b s, s.E.S?.. �. ... 3- .+,>>:� r... .. >, ,;.�'S.,.4.;t ; .; ` E'.., .•. �¢. .
Revenues - Proposed $16,023,971 $14,330,216 $10,571,224 $40,925,411
Revisions since Proposed:
Increase to SRO contract $13,236 $13,236
Increased ad valorem revenue (DR420) $5,124 $225 $5,349
Increase to Municipal Revenue sharing per LCIR 6.22.10 $2,965 $2,965
Increase to Half -Cent Sales Tax per LCIR 6.22.10 $116,483 $116,483
Decrease to Communication Service Revenues ($90,283) ($90,283)
Revision to transfer from 172 to General Fund due to CST
revenue reduction ($90,283) ($90,283)
Increase to Local Option Gas Tax per LCIR 6.28.10 $53,406 $53,406
Increase to interfund transfers - health insurance premium $1,883 $238 $2,121
Transfer from W &S for CIS Migration (UB software) $37,575 $37,575
Increase transfer from Dev Svcs for KIVA server $3,220 $3,220
Trade -in value - two motorcycles $13,000 $13,000
FLC - potential grant for Senior Ctr security cameras $2, 500 $2,500
Transfer from W &S for Utility Billing CIS Migration $14,100 $14,100
Reduction to municipal red light fines - new legislation ($8,393) ($8,393)
Transfer from General to Comm Events Fund (fireworks,
public safety) $35,000 $35,000
Revisions to interfund transfers as a result of work comp
renewal $88 ($20) $68
Additional transfers in related to Weblink licensing $667 $667
Transfer in from Water & Sewer for collection fees $2,000 $2,000
Solary Canal grant revenue revisions $687,687 $687,687
Revenues - Final ��a�i'� sitatia,129
091310_ COMM _Public_Hearing_501_Tentative_ Budget
RESOLUTION NO. 2010-46
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, 2010 AND ENDING ON SEPTEMBER 30, 2011;
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 2010 -2011, the City Commission adopts its tentative budget as
may be amended for the fiscal year commencing October 1, 2010 and ending September
30, 2011 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 - $16,676,834; Other Governmental Funds -
$16,927,867; Enterprise Funds - $12,285,592. The budget is based upon gross taxable
value as reported by the Seminole County Property Appraiser on line 4 of the DR -420 of
$1,694,161,348.
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 2010 -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 13 day of September 2010.
•
Jo (F. Bush, Mayor
ATTE T:
- dre -Azo- Luaces, City Clerk
Approv s to legal form and sufficiency for
The ty Winter Springs only:
Anthony A. Garganese, City Attorney
City of Winter Springs, Florida
Resolution 2010 -46
Page 2 of 2