HomeMy WebLinkAbout2019 09 23 Public Hearing 401 - FY 2019-2020 Final Budget PUBLIC HEARINGS AGENDA ITEM 401
CITY COMMISSION AGENDA I SEPTEMBER 23, 2019 1 REGULAR
MEETING
TITLE
FY 2019-2020 Final Budget
SUMMARY
The purpose of this agenda item is to have the Commission consider the
approval of Resolution 2019-17 establishing the final budget for fiscal year 2019-
2020.
The proposed final budget was prepared at the direction of the Commission
using an operating millage rate of 2.4300 mills. The total expenditures in the
proposed final budget which include interfund transfers are $51,470,066 and
consist of the following:
General Fund $19,101,792
Other Governmental Funds $16,706,027
Enterprise Funds $15,662,247
There have not been any revisions subsequent to the Tentative Budget
(September 9th Public Hearing 401).
The proposed final city-wide budgets by fund type currently reflect the
following appropriations to or from fund balance:
General Fund - $137,115
Governmental Funds (exclusive of General Fund) - ($5,551,568)
Enterprise Funds - ($2,761,032)
The Property Appraiser mailed each property owner a TRIM notice prior to the
first public hearing; notice ofthe final public hearing was advertised on the City
Hall electronic sign, and the statutorily required advertisements ran in the
Orlando Sentinel on September 19, 2019. The Tentative Budget has been
posted on the City's website and within two weeks of adoption the Final
Budget (unchanged from the Tentative) will also be published.
RECOMMENDATION
Staff recommends the City Commission approve the final budget for fiscal year
2019-2020 or amend it as deemed necessary and adopt Resolution 2019-17
establishing the final budget for fiscal year 2019-2020
Asample motion follows:
fi fi
RESOLUTION 2019-17
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, 2019 AND ENDING ON
SEPTEMBER 30, 2020; 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 23, 2019, 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 2019-2020 the City Commission adopts its final budget as may be
amended for the fiscal year commencing October 1, 2019 and ending September 30, 2019
as presented at its regular meeting assembled on the date of this Resolution with all
amendments, if any, adopted at that meeting.
Section 3. The expenditures in the final budget are $51,470,066 which includes
interfund transfers and is comprised of the following: General Fund - $19,101,792; Other
Governmental Funds - $16,706,027; and Enterprise Funds — $15,662,247. The budget is
based upon gross taxable value of$2,517,669,920.
Section 4. Within three (3) days of the date of this Resolution, the Finance Director
shall forward the Resolution adopting the final millage rate to the Seminole County
Property Appraiser and the Seminole County Tax Collector.
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
City of Winter Springs, Florida
Resolution 2019-17
Page 1 of 2
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 23rd day of September 2019.
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 2019-17
Page 2 of 2