HomeMy WebLinkAboutResolution 2026-16 Adopting Tentative Budget for FY 2026-2027RESOLUTION 2026-16
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 , 2026
AND ENDING ON SEPTEMBER 30, 2027; 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 at a public hearing pursuant to Florida Statute 200.065,
Subparagraph (c);
WHERE AS, the City Commission desires to adopt the tentative budget; and
WHERE AS, 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. Recitals. The foregoing recitals are deemed true and correct and are
hereby fully incorporated by this reference.
Section 2. Tentative Budget. Having previously adopted a tentative millage
rate for the City of Winter Springs for fiscal year 2026-2027, the City Commission
adopts its tentative budget as may be amended for the fiscal year commencing October
1, 2026 and ending September 30, 2027 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. Proposed Expenditures. The proposed expenditures in the tentative
budget including inter -fund transfers are as follows: General Fund - $27,006,957;
Other Governmental Funds - $19,248,526; Enterprise Funds - $70,291,115. The budget
is based upon gross taxable value as reported by the Seminole County Property Appraiser
on line 4 of the DR420 as $4,152,942,725.
Section 4. Advertisement. Within fifteen (15) days of the date of this
Resolution, the Finance Department 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 2026-16
Page 1of2
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 ofthis 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 14th day of September 2026.
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ATTEST: % C'o u n ty • �`cS`
Erin O'Donnell, City Clerk
Kevin McCann, Mayor
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 2026-16
Page 2of2
Revisions subsequent to the 2026-2027 Proposed Budget
Expenditures/Fransfers per Resolution 2026-16
Other
General Fund Governmental Enterprise Funds Total
Funds
Revenues/Transfers -Proposed $26,844,967 $12,666,605 $67,057,938 $106,569,510
Revisions since Proposed:
001 - General Fund Rollback Rate, Reduce Gov Half Cent Sales Tax Estimate
160 - TLBD Maint Rate Reduction
Revenues/Transfers - Tentative'
Expenditures/Transfers - Proposed
($524,094) ($524,094)
($138,626) ($138,626)
$27,490,044 $19,710,922 $70,323,531 $117,524,497
Revisions since Proposed:
001- General Fund Reduction In Expenses ($483,087)
($483,087)
150 - Transportation Impact Remove Light, Move to Balance Sheet ($379,000)
($379,000)
160 - TLBD Maint Reduction in Streetlight Expenses ($83,396)
($83,396)
410 - Water & Sewer Reallocation of Expenses
($6,182)
($6,182)
411 - Stormwater Reallocation of Expenses
$49,934
$49,934
420 - Development Services Reallocation of Expenses
($76,168)
($76,168)
Expenditures/Transfers - Tentative $27,006,957 $19,248,526
$70,291,115
$116,546,598
Appropriation to (from) Fund Balance ($686,084) ($6,720,547) ($3,233,177) ($10,639,808)