HomeMy WebLinkAbout2006 09 25 Public Hearing 201 Resolution 2006-51 Final Budget
SECOND ITEM OF THE EVENING
COMMISSION AGENDA
ITEM 201
PUBLIC HEARING
September 25,2006
Meeting
MGR /DEPT.
Authorization
REQUEST: The City Manager is requesting that the City Commission hold a Public
Hearing relative to the approval of Resolution No. 2006-51, establishing the Final Budget
for Fiscal Year 2006-2007.
PURPOSE: The purpose of this agenda item is to have the Commission approve Resolution
No. 2006-51, otherwise known as the Final Budget for Fiscal Year 2006-2007.
CONSIDERA TIONS:
The proposed final budget was prepared at the direction of the Commission using an Operating
Millage Rate of 4.2919 mills and a Voted Debt Service Millage Rate of .1100 mills. The total
proposed expenditures in the final budget are $61,806,006 which is comprised of the following:
General Fund $21,163,500
Other Governmental Funds $27,254,852
Enterprise Funds $13,387,654
The General Fund expenditure total includes implementation of the approved personnel costs,
addition of a new fire engine (half from General Fund -$150K), Torcaso Park Master Plan
($10,000), and the Bear Creek boardwalk project ($50,000). For a recap of ALL the revisions
occurring since the Preliminary Budget see Attachment B.
If the Commission chooses to change the budget at the hearing, adjustments will be made
to the budget resolution to reflect the Commission's wishes. In that event, time will be
requested for an accuracy check of the revised resolution figures.
RECOMMENDATION:
· The Commission amend the Final Budget for Fiscal Year 2006-2007 as it deems necessary.
092506_ COMM ]ublic _ Hearing_ 201 ]inal_ Budget
· The Commission adopt Resolution No. 2006-51 establishing the Final Budget for Fiscal Year
2006-2007 as amended by the Commission.
IMPLEMENTATION SCHEDULE:
Upon approval and adoption of Resolution No. 2006-51, Final Budget for Fiscal Year 2006-
2007 would then be implemented and become effective on October 1,2006.
ATTACHMENTS:
· A - Resolution No. 2006-51
· B - Reconciliation of Preliminary Budget to Proposed Final Budget
COMMISSION ACTION:
092506_ COMM ]ublic _ Hearing_ 201 ]inal_ Budget
RESOLUTION NO. 2006-51
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, 2006 AND ENDING ON
SEPTEMBER 30, 2007; 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 25, 2006, held a public hearing as required by Florida
Statute 200.065;
WHEREAS, the City Commission of th City of Winter Springs desires to adopt
the final budget; and
WHEREAS, the City Commission of th fit of Winter Springs deems that this
Resolution is in the best interest of the public a , sa ety, and welfare of the citizens of
Winter Springs. ~0
NOW, THE~RE, BE I OLVED BY THE CITY COMMISSION
OF THE CITY O~f WINcJ'ER S~ S, SEMINOLE COUNTY, FLORIDA, AS
FOLLOWS: I' ,~
Section 1. Incorkorat,i~talS. The foregoing recitals are deemed true and
correct and are hereby1h y incorporated by this reference.
Section 2. Having preVl usly adopted a final millage rate for the City of Winter
Springs for fiscal year 2006-2 07 the City Commission adopts its final budget as may be
amended for the fiscal year commencing October 1, 2006 and ending September 30, 2007
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 proposed expenditures in the final budget are $61,806,006 which is
comprised of the following fund expenditures: General Fund - $21,163,500; Other
Governmental Funds - $27,254,852; and Enterprise Funds - $13,387,654. The budget is
based upon gross taxable value (real, personal, and centrally assessed property) of
$2,007,175,558.
Section 4. Within three (3) days of the date of this Resolution, the Finance Director
shall forward the Resolution adopting the final millage rates to the Seminole County
Property Appraiser and the Seminole County Tax Collector.
City of Winter Springs, Florida
Resolution 2006-51
Page 1 of 2
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 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 25th day of September, 2006
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 2006-51
Page 2 of 2
Revisions since Preliminary
Fiscal Year 2006-2007 Budget
Expenditures-PRELIMINARY
Revisions since PRELIMINARY:
WIC Adjustments (new rates)
Health Ins (20% prem incr to actual)
P&R (emp reclass-Richart)
IS - Baseline & eval date changes, pension 8 months
Tweaking of Health Ins Premium
Rounding
Finance - Trim Advertising
IS - Web sense increase
City Manager (computer for exec ass!.)
WMFE Donation
Fire Oper - Employee Health Coverage change
Parks - July 4th speakers
Fire - Utility expenses
Leadership Seminole
T orcaso Park Master Plan
P&R (emp reclass-Kimball)
CRA (17-92) -Incr valuation, then decr millage
Bear Creek Boardwalk and Signage
Property ins (#001,184)
Fire Engine
Additional. Approved PersonnelCosls -Ganeral Fund
Reduction of R&M, Util Svc (#191/184)
Reduction in Prin & Interest #213
Property ins (#191)
Additional ApproVed PerspnneLCosts
#172 T Ifer to Gen - Telecommunication
154 Lori Ann Lane
Trans Improv - Interlocal traffic signal
Med Transport - capital
CIP #309
Increase VA memorial due to Rotary Club donation
#172 Tlfer to Gen - Electricity Tax
#174 Tlfer to Gen - Franchise Increase
#305 Revision of project timing (net 06 to 07)
#115 - $150K increase in streetscape less $1530 (2006)
#115 - $150K in 434 hardscape (06 approved)
Rev Gen (timing 07 to 06)
Correct Operator Allocation (#430)
Emp Dev (2411)
AddltiPnel.' APprovl!d personnal. Cosls - Oev Svc
AddlliOnetAPPrQv'!dPersonnalCosls . $tonnWaler
Increase deposit interest expense in #3600
Addllional .. APProY'!dF'!lrstinneICQst5-W&$
W&S Operating - liming 06 to 07
General Fund
Other Governmental Funds
Enterprise Funds
Total
$60,093,464
($38,884 )
($8,822)
($2,387)
$13
$500
$612
$2,250
$2,500
$4,719
$5,000
$6,500
$9,200
$15,960
$49,322
$77,000
($29,000)
($5,774)
($650)
$437
$8,500
$15,000
$20,000
$26,000
$38,185
$50,000
$80,000
$125,000
$117,360
$148,470
$150,000
($120,000)
$247
$1,500
($14,180)
$1;628
$12,000
$90,134
$155,000
Expenditures-Tentative
$20,459,354
$26,359,466
$13,274,644
($75,401 )
($29,799)
($8,822)
($2,387)
($98)
$2
$500
$612
$2,250
$2,500
$4,719
$5,000
$6,500
$6,900
$10,000
$15,960
$49,322
$50,000
$75,000
$340,000
$251,388
$0
($124)
($7,387)
($8,961)
Revenues-PRELIMINARY
Revisions since PRELIMINARY:
Rev Share
Half Cent
Final contract for SRO less than estimated
Increase in transfers In due to reduced health prem
Property Ins (#191)
Transfer decreases due to W/C Adjust
Rounding
Tweaking of Health Ins Premium (affects Vfers In)
Correct Operator Allocation (#430)
Property ins (#184)
Inereaseto tra"sters!ror'nApproved F'ersonnel Costs
#172 - Telecom Tax
Trade-in value and transfer for Fire Truck
Increased Valuation - Ad Valorem
#172 - Elect Taxes
#174 . Franchise
Increased Millage - Ad Valorem
#140 - Timing of Impact Fees (07 to 06)
Interest Rev #184/185/1911309
Assess #213 decreased due 10 2006 prepayments
Assess (#182/184/185/191/192)
($18)
$129
$54,218,216
($93,500)
($80,000)
($1,546)
($1,041)
($650)
($662)
($1)
$30
$247
$2,000
$8,215
$17,000
$68,206
$160,000
$250,000
$240,283
($110,000)
($7,000)
($10,837)
($900)
$2,300
$2,000
$150,000
~~.~
Revenues-Tentative i " . ,,'. . ."". ..' .'A,';''i'' "",,:j
($29,000)
($5,774)
($650)
$437
$8,500
$15,000
$20,000
$26,000
$38,185
$50,000
$80,000
$125,000
$117,360
$148,470
$150,000
($120,000)
$247
$1,500
($14,180)
$1,628
$12,000
$90,734
$155,000
$20,461,526
$22,231,819
$11,524,871
Appropriation to (from) Fund Balance
Budgeted Ending Fund Balance
($93,500)
($80,000)
($1,546)
($951)
($650)
($100)
($1)
$25
$247
$2,000
$7,264
$8,500
$190,000
$66,451
$80,000
$125,000
$240,283
($90)
($562)
$5
$931
$8,500
$1.755
$80,000
$125,000
($110,000)
($7,000)
($10,837)
($900)
Attachment B
092506_ COMM_PubllcHearing_201 Jinal_ Budget
RESOLUTION NO. 2006-51
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, 2006 AND ENDING ON
SEPTEMBER 30, 2007; 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 25, 2006, 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 2006-2007 the City Commission adopts its final budget as may be
amended for the fiscal year commencing October 1, 2006 and ending September 30, 2007
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 proposed expenditures in the final budget are $61,756,006 which is
comprised of the following fund expenditures: General Fund - $21,188,500; Other
Governmental Funds - $27,179,852; and Enterprise Funds - $13,387,654. The budget is
based upon gross taxable value (real, personal, and centrally assessed property) of
$2,007,175,558.
Section 4. Within three (3) days of the date of this Resolution, the Finance Director
shall forward the Resolution adopting the final millage rates to the Seminole County
Property Appraiser and the Seminole County Tax Collector.
City of Winter Springs. Florida
Resolution 2006-51
Page 1 of 2
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 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 ofthe 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 25th day of September, 2006
John F. Bush, Mayor
ATTEST:
Andrea Lorenzo-Luaces, City Clerk
Approved as to legal form and sufficiency for
Springs only:
Anthony A. Garganese, City Attorney
City of Winter Springs, Florida
Resolution 2006-51
Page 2 of 2