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HomeMy WebLinkAbout2012 09 10 Public Hearing 501 Resolution 2012-29 Tentative Budget COMMISSION AGENDA     Informational Consent ITEM501 Public Hearings X Regular       September 10, 2012KLSB Regular MeetingCity ManagerDepartment         REQUEST: The City Manager is requesting that the City Commission hold a Public Hearing relative to the approval of Resolution No. 2012-29, establishing the Tentative Budget for Fiscal Year 2012-2013.   SYNOPSIS: The purpose of this agenda item is to have the Commission approve Resolution No. 2012- 29, otherwise known as the Tentative Budget for Fiscal Year 2012-2013. CONSIDERATIONS: On July 23, 2012, the Commission established the 2012-2013 proposed operating  millage rate (millage cap) at 2.4300 mills and the proposed voted debt service millage rate at 0.1100 mills.  The proposed operating millage rate of 2.4300 as submitted on the DR-420 is 2.25% less than the rolled-back rate.  Resolution No. 2012-28 establishes the 2012-2013 tentative millage rates. The operating millage rate for the current fiscal year 2011-2012 is 2.4500 mills.  The  voted debt service millage for the current fiscal year 2011-2012 is 0.1100 mills.  The FY 2012-2013 Proposed Budget reflected an operating millage rate of 2.4300  mills. The rolled-back rate for fiscal year 2012-2013 is 2.4859 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 the tentative millage rates scheduled for September 24, 2012 at 5:15 p.m.  However, established tonight can not be exceeded at the final hearing. Public Hearings 501 PAGE 1 OF 2 - September 10, 2012 FISCAL IMPACT: The tentative city-wide budgets by fund type currently reflect the following appropriations to (from) fund balance: General Fund – ($594,127); comprised of $2,983 of positive operating coverage and ($597,110) in capital/non-recurring coverage Governmental Funds (exclusive of General Fund) – ($2,054,174) Enterprise Funds – $453,643 COMMUNICATION EFFORTS: This Agenda Item has been electronically forwarded to the Mayor and City Commission, City Manager, City Attorney/Staff, and is available on the City’s Website, LaserFiche, and the City’s Server. Additionally, portions of this Agenda Item are typed verbatim on the respective Meeting Agenda which has also been electronically forwarded to the individuals noted above, and which is also available on the City’s Website, LaserFiche, and the City’s Server; has been sent to applicable City Staff, Media/Press Representatives who have requested Agendas/Agenda Item information, Homeowner’s Associations/Representatives on file with the City, and all individuals who have requested such information. This information has also been posted outside City Hall, posted inside City Hall with additional copies available for the General Public, and posted at five (5) different locations around the City. Furthermore, this information is also available to any individual requestors. City Staff is always willing to discuss this Agenda Item or any Agenda Item with any interested individuals.   Upon approval and adoption of Resolution No. 2012-29, a budget summary advertisement will be placed in the Orlando Sentinel on September 20, 2012 reflecting the Tentative Budget for Fiscal Year 2012-2013. Full detail of the Budget can be viewed at http://www.winterspringsfl.org/EN/web/find/codes/DocsFormsPubs/43915/43924/proposed budget2013.html RECOMMENDATION: Recommend that the Commission approve the tentative budget for fiscal year 2012-  2013 or amend it as it deems necessary. Recommend that the Commission adopt Resolution No. 2012-29 establishing the  tentative budget for Fiscal Year 2012-2013 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. ATTACHMENTS: 1 - Resolution No. 2012-29 2 - Revisions subsequent to 2012-2013 Proposed Budget: General Fund Other Governmental Funds Enterprise Funds Public Hearings 501 PAGE 2 OF 2 - September 10, 2012 RESOLUTION NO. 2012-29 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, 2012 AND ENDING ON SEPTEMBER 30, 2013; 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 2012-2013, the City Commission adopts its tentative budget as may be amended for the fiscal year commencing October 1, 2012 and ending September 30, 2013 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 - $16,225,882; Other Governmental Funds - $8,839,624; Enterprise Funds - $11,653,547. The budget is based upon gross taxable value as reported by the Seminole County Property Appraiser on line 4 of the DR-420 of $1,575,505,268. 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 2012-29 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 th meeting assembled on this 10 day of September 2012. ________________________________ Charles Lacey , 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 2012-29 Page 2 of 2 Revisions subsequent to the 2012-2013 Proposed Budget Expenditures/Transfers per Resolution 2012-29 Other Governmental Funds General FundEnterprise FundsTotal Expenditures/Transfers - Proposed $15,766,249$8,632,132$11,405,761$35,804,142 Revisions since Proposed: General Fund Capital as approved at 7/16 Workshop $405,110 $405,110 Transfer-in from W&S to General for Utility Billing Capital $2,400 $2,400 Highlands streetlighting $4,500 $4,500 City Clerk - Codification $5,000 $5,000 Maintenance and License Agreements (W&S) $4,700 $4,700 Transfer-in to Excellence in CSI (W&S and Dev Svcs)$172,500 $172,500 New Software implementation $172,500 $172,500 Replacement computer for Permit Specialist $1,400 $1,400 Update Workers Comp premium renewal $10,983 $7,341$256$3,386 Economic Development Director - cell phone, travel & per diem, etc. $6,127 $6,127 Update insurance assessment districts' premium renewal $116 $116 Reduce transfer to CW Debt Service Fund due to ($10,000) ($10,000) refinance Updated insurance premium renewal plus new asset listings $33,000 $33,000 Meter-reading services contract renewal (includes add'l house counts); offset by Transfer-in from Water & Sewer Fund (see below) $16,800 $8,400$8,400 Bonus Cost (WC, FICA) less General Fund departmental reductions $55,155 $155$55,000 Additional expenditure budget in Police Special Revenue Funds - employee development, small tools, protective clothinglthi $34,620 $34,620 Expenditures/Transfers - Tentative $16,225,882$8,839,624$11,653,547$36,719,053 Revenues/Transfers - Proposed $15,565,819$6,622,777$12,107,154$34,295,750 Revisions since Proposed: Transfer from W&S to General for Utility Billing Capital$2,400 $2,400 $172,500 Transfer-in to #317 for New Software implementation$172,500 Ad Valorem revisions - updated DR 420 valuation$3,953 $3,780$173 Revenue Sharing - revise upward per new distribution $50,000 $50,000 $70,000 Half-Cent Sales Tax - revise upward per DOR $70,000 Comm Svcs Tax - revise downward (pending legislation)($78,000) ($78,000) Electricity Franchise/Taxes - revise upward$5,000 $5,000 School Resource Officer contract resolution$4,017 $4,017 Reduce transfer to CW Debt Service Fund due to refinance ($10,000) ($10,000) $259 Update Workers Comp premium renewal$223$36 Increase Transfer-in due to net premium decrease $116 (assessment districts)$116 Increase Transfer-in from Water & Sewer for meter- $8,400 reading services (revised unit cost plus new growth)$8,400 Revenues/Transfers - Tentative $15,631,755$6,785,450$12,107,190$34,524,395 Appropriation to (from) Fund Balance($594,127)($2,054,174)$453,643($2,194,658) RESOLUTION NO. 2012-29 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, 2012 AND ENDING ON SEPTEMBER 30, 2013; 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 2012-2013, the City Commission adopts its tentative budget as may be amended for the fiscal year commencing October 1, 2012 and ending September 30, 2013 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 - $16,225,882; Other Governmental Funds - $8,839,624; Enterprise Funds - $11,653,547. The budget is based upon gross taxable value as reported by the Seminole County Property Appraiser on line 4 of the DR-420 of $1,575,505,268. 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 2012-29 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 10th day of September 2012. Char acey, nj,1.6 r ATT .ST. Andr• :ore i-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 2012-29 Page 2 of 2