HomeMy WebLinkAbout2022 09 26 Public Hearing 401 - Final Budget for FY 2022-2023 • PUBLIC HEARINGS AGENDA ITEM 401
,n roraed CITY COMMISSION AGENDA I SEPTEMBER 26, 2022 REGULAR MEETING
1959
TITLE
Final Budget for Fiscal Year 2022 - 2023
SUMMARY
The Final Budget was prepared at the direction of the Commission using the
operating millage rate of 2.4100 mills. The total expenditures in the final
budget at $58,744,031 which includes inter-fund transfers and is comprised of
the following:
General Fund - $20,079,653
Other Governmental Funds - $15,224,745
Enterprise Funds - $23,439,633
The City-Wide Final Budget by fund type currently reflects the following
appropriations to/(from) fund balance:
General Fund - $27,401
Other Governmental Funds - ($6,441,377)
Enterprise Funds - ($7,718,419)
Subsequent to the Tentative Budget (September 12th Public Hearing 401),
changes to the Police Department budget within the General Fund have
occurred in order to include the purchase of body worn cameras. For the
purposes of the annual budget, and based on a recently completed RFP
(Request for Proposals) process, staff has estimated the first year expense to
be approximately $75,300. Reductions to the previously presented Tentative
Budget have occurred in order to maintain an estimated General Fund
surplus of$27,401 .
The proposed, tentative, and final budgets are on the City's website at
www.winterspringsfl.org/budget.
RECOMMENDATION
Staff recommends the City Commission approve and adopt Resolution 2022-
20 establishing the Final Budget for the Fiscal Year 2022-2023.
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A 'sample' motion which includes the necessary elements for statutory
compliance is as follows:
1 move to approve Resolution 2022-20, establishing the Final Budget for the City of
Winter Springs for the fiscal year commencing on October 1, 2022 and ending on
September 30, 2023.
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RESOLUTION 2022-20
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, 2022 AND
ENDING ON SEPTEMBER 30, 2023; 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 26, 2022, 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 2022-2023 the City Commission adopts its final budget as may be
amended for the fiscal year commencing October 1, 2022 and ending September 30,
2023 aspresented 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 $58,744,031 which includes
inter-fund transfers and is comprised of the following: General Fund - $20,079,653;
Other Governmental Funds - $15,224,745; and Enterprise Funds - $23,439,633. The
budget is based upon gross taxable value of$3,117,943,266.
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.
City of Winter Springs,Florida
Resolution 2022-20
Page 1 of 2
144
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 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 26th day of September 2022.
Kevin McCann, Mayor
ATTEST:
Christian Gowan, 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 2022-20
Page 2of 2
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Revisions subsequent to the 2022-2023 Tentative Budget
Expenditures/Transfers per Resolution 2022-20
General Fund Other Governmental Enterprise Funds Total
Funds
Revenues/Transfers-Tentative $20,107,054 $8,783,368 $15,721,214 $44,611,636
Revisions since Tentative:
Revenues/Transfers -Tentative $20,107,054 $8,783,368 $15,721,214 $44,611,636
Expenditures/Transfers-Tentative $20,053,688 $15,224,745 $23,439,633 $58,718,066
Revisions since Tentative:
Police Dept-Body Camera Hardware& Related Operating Costs $75,300 $75,300
Reduced Operating Costs to Offset Body Camera Expenses ($49,335) ($49,335)
Expenditures/Transfers -Tentative $20,079,653 $15,224,745 $23,439,633 $58,744,031
Mok
Appropriation to(from) Fund Balance $27,401 ($6,441,377) ($7,718,419) ($14,132,395)
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