HomeMy WebLinkAbout2008 09 08 Public Hearing 501 Resolution 2008-41 Tentative Budget for Fiscal Year 2008-2009SECOND ITEM OF THE EVENING
COMMISSION AGENDA
ITEM 501
September 8, 2008
Meeting
(CONSENT I
RMATIONAL
(PUBLIC HEARING I XX I
MGR /~ /DEPT. ~~
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. 2008-41, establishing the Tentative
Budget for Fiscal Year 2008-2009.
PURPOSE: The purpose of this agenda item is to have the Commission approve Resolution
No. 2008-41, otherwise known as the Tentative Budget for Fiscal Year 2008-2009.
CONSIDERATIONS:
^ On August 4, 2008, the Commission established the 2008-2009 proposed operating millage
rate (millage cap) at 3.0338 mills and the proposed voted debt service millage rate at 0.1100
mills. The proposed operating millage rate of 3.0338 as submitted on the DR-420 is 16.91%
less than the rolled-back rate. Resolution No. 2008-41 establishes the 2008-2009 tentative
millage rates.
^ The operating millage for the current fiscal year 2007-2008 is 3.2496 mills. The voted debt
service millage for the current fiscal year 2007-2008 is 0.1022 mills.
^ The FY 2008-2009 Preliminary Budget reflected an operating millage rate of 2.2685 mills.
^ The rolled-back rate for fiscal year 2008-2009 is 3.6512 mills.
^ The $961,878 increase in the General Fund fund balance represents the balance of funds
generated by the 3.0338 millage cap which is subject to final budget action by the
Commission.
^ 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
090808_COMM_ Public_Hearing_501_Tentative_Budget.doc
September 22, 2008 at 5:15 p.m. However, the tentative millage rates established tonight
can not be exceeded at the final hearing.
RECOMMENDATION:
^ Recommend that the Commission approve the tentative budget for fiscal year 2008-2009 or
amend it as it deems necessary.
^ Recommend that the Commission adopt Resolution No. 2008-41 establishing the tentative
budget for Fiscal Year 2008-2009 as approved by the Commission; and adopt Resolution No.
2008-41 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. 2008-41, a budget summary advertisement will
be placed in the Orlando Sentinel on September 18, 2008 reflecting the Tentative Budget for
Fiscal Year 2008-2009.
ATTACHMENTS:
1 -Resolution No. 2008-41
2 -Revisions subsequent to 2008-2009 Preliminary Budget:
General Fund
Other Governmental Funds
Enterprise Funds
COMMISSION ACTION:
090808_COMM_ Public_Hearing_501_Tentative_Budget.doc
RESOLUTION NO. 2008-41
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, 2008 AND ENDING ON SEPTEMBER 30, 2009;
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 2008-2009, the City Commission adopts its tentative budget as
may be amended for the fiscal year commencing October 1, 2008 and ending September
30, 2009 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 - $17,605,732; Other Governmental Funds -
$19,795,662; Enterprise Funds - $12,743,881. The budget is based upon gross taxable
value as reported by the Seminole County Property Appraiser on line 4 of the DR-420 of
$2,019,574,380.
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 2008-41
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 8`h day of September 2008.
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 2008-41
Page 2 of 2
Attachment 2 -Revisions subsequent to 2008-2009 Preliminary Budget
Fiscal Year 2008-2009 Budget
Other
Expend itu res-P rel i m i n a ry
Revisions since Preliminary:
Oak Forest Debt Service -reduce transfer from OF Cap
HOA Streellighting Fund -reduce refund to Glen Eagle
Dev Svc -reduce technical consulting services
Deleted three positions in Dev Services
Payroll correction - IS, Finance, Police
Decreased expenditures in Fire Assess Fee Fund due to
collection liming, assess services
Increased health insurance premium
Arbor -grant denied; dept still requesting some equip
Special Legal - underbudgeted
Increase Softball League and Field rental (still $18K profit)
Reduce capital proj in #305, beg fund bai less
Remove transfer to Trotwood and related capital -Impact
IS Website Maintenance reductions
City Hall above ground lank- timing 2008 to 2009
Insurance premium decrease
Insurance settlement increase
Road Improve -Northem/Shetland project scope reduction
W&S - NO 1ST Addition Water Main
Trotwood Improvements delayed to 2009
Decrease Spine Rd water main -beg fb less due to 07 interest
#311 Increase PW/Util Facility -liming issue 08 to 09
W&S Oper -Reduce Hydrotanks
W&S Oper -Remove TC sewer
Stormwater - TMDL master plan 08 to 09
Community Events (per 9/2 workshop)
CRA 17-92 increase with 3.0338 millage assumption
Merit - 4°/
Compensation Study -minimum range adjustments
Two additional Police Officers
Outsource Neigborhood Parks Maintenance -delete 4 staff
positions (absorbed elsewhere)
Two additional personnel -Fire Dept admin
lawn Maintenance - 154 Lori Ann Lane
Increased rates -Progress Energy
Governmental
General Fund Funds Enterprise Funds Total
$17,149,027 $19,290,732 512,818,440 $49,258,189
($70) (570)
($35) 1535)
($110,000) ($110,000)
($217,040) ($217,040)
$5,242 $5,242
($124,779) ($124,779)
$138,895 $27 $50,748 $189,870
($18,000) ($18,000)
$20,000 $20,000
$8,000 $8,000
($11,600) ($11,800)
($140,000) ($140,000) (5280,000)
($2,aoo) (E2,aoo)
$17,750 517,750
($198,900) (5198,900)
$25,000 525,000
($137,000) (5137,000)
$250,000 5250,000
$467,627 5487,827
($20,962) ($20,882)
$374,500 5374,500
($5,000) (55,000)
($50,000) ($50,000)
$23,000 523,000
$108,000 5108,000
$29,571 $29,571
$187,130 $10 $4,695 5191,635
$30,000 530,000
$117,564 $93,530 5211,084
($81,147) (581,147)
$92,000 $92,000
$720 $720
$100,000 51oo,aoo
50
Expenditures -Proposed Tentative
Revenues-Preliminary
Revisions since Preliminary:
Reduce Local Option Gas Tax
Oak Forest Cap -reduce Ufer to OF Debt Svc.
Oak Forest Maint. Assessment -increase for added parcel
Oak Forest Capital Assessment -increase for added parcel
Reduce transfer in from Fire Assess due to increased
Increased transfers due to increased health insurance
Arbor -grant denied; dept still requesting some equip
Millage increase (2.2685 to cap 3.0338)
Interest revenue revisions #102, 103, 305, 3640
Reduce FDOT Streellighting Reimb -overstated
School Resource Officer Contract less than projected
Remove Ufer from Gen to Trotwood -impact sufficient
Reduced Seminole County grant Northem/Shetland project
Increased transfers due to increased merit percent (0 to 4°'0)
Municipal Revenue Sharing -reduced proj from LCIR
Half-Cent Sales Tax -reduced proj from LCIR
FRDAP #8 Trolwood - 2008 to 2009
Increased Revenues -Therapy Pool, Leagues, Splash Pad
Revenues -Proposed Tentative
Appropriation to (from) Fund Balance
Budgeted Ending Fund Balance
Ending Fund Balance Designations:
90-day / 25% Operating Reserve
Non-recurring Special Projects
$17,605,732 $19,795,662 $12,743,881 $50,145,275
$17,162,061 $17,574,907 $10,516,463 $45,253,431
($45,000) ($45,000)
($70) 1570-
$70 570
$90 590
($96,279) ($126,279) ($222,558)
$5,536 $575 58,111
($10,000) (510,000)
$1,463,722 51,483,722
$125,000 ($380) ($100) $124,520
($4,105) ($4,105)
($1,216) ($1,218)
($140,000) ($140,000)
($264,000) ($284.000)
$4,705 $4,705
($115,138) ($115,138)
($53,276) ($53,278)
$200,000 5200,000
$56,600 $56,600
50
$18,5$7,610 $17,189,338 $10,516,9~y8 $46,273,888
$961,878 (32,608,324) ($2,226,943) ($3,871,389)
$9,6126,974 $8,836,884 $7,531,51 t $26,395,769
i
$4,318,192
5 3 8 782
$9,626,974
090808_COMM_Public_Hearing_501 _Attachment_2
RESOLUTION NO. 2008-41
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, 2008 AND ENDING ON SEPTEMBER 30, 2009;
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 2008-2009, the City Commission adopts its tentative budget as
may be amended for the fiscal year commencing October 1, 2008 and ending September
30, 2009 as presented at its regulazly 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 - $17,605,732; Other Governmental Funds -
$19,795,662; Enterprise Funds - $12,743,881. The budget is based upon gross taxable
value as reported by the Seminole County Property Appraiser on line 4 of the DR-420 of
$2,019,574,380.
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 200&41
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, r ~orida, in a fPgular
meeting assembled on this 8`h day of September 2008_. _ . " _
~ .
Jo F. Bush, Mayor
ATTEST:
I v ,~ _
e` a Lorenzo-Luaces, City Clerk
Approved as to legal form and sufficiency for
The Ci Winter Springs only:
Anthony A. Garganese, City Attorney
City of Winter Springs, Florida
Resolution 2008-41
Page 2 of 2