HomeMy WebLinkAbout2012 09 24 Public Hearing 501 Resolution 2012-32 Final 2013 BudgetCOMMISSION AGENDA
ITEM 501
Informational
Consent
Public Hearings
X
Regular
September 24, 2012 KS SB
Regular Meeting City Manager Department
REQUEST:
The City Manager is proposing that the City Commission hold a Public Hearing to
consider the approval of Resolution No. 2012 -32, establishing the Final Budget for
Fiscal Year 2012 -2013.
SYNOPSIS:
The purpose of this agenda item is to have the Commission consider the approval of
Resolution No. 2012 -32 to establish the Final Budget for Fiscal Year 2012 -2013.
CONSIDERATIONS:
The proposed final budget was prepared at the direction of the Commission using an
Operating Millage Rate of 2.4300 mills and a Voted Debt Service Millage Rate of 0.1100
mills. The total expenditures in the proposed final budget which include interfund transfers
are $36,480,265 and are comprised of the following:
General Fund $15,975,762
Other Governmental Funds $8,839,624
Enterprise Funds $11,664,879
All revisions which occurred subsequent to the Tentative Budget (September 10th Public
Hearing 501) are summarized in the second attachment.
FISCAL IMPACT:
The proposed final city -wide budgets by fund type currently reflect the following
appropriations to (from) fund balance:
Public Hearings 501 PAGE 1 OF 2 - September 24, 2012
General Fund — ($343,327); comprised of $2,983 of positive operating coverage and
($346,310) in capital /non - recurring coverage
Governmental Funds (exclusive of General Fund) — ($1,804,174)
Enterprise Funds — $442,311
COMMUNICATION EFFORTS:
This Agenda Item has been electronically forwarded to the Mayor and City Commission,
City Manager, City Attorney /Staff, and is available on the City's Website, LaserFiche, and
the City's Server. Additionally, portions of this Agenda Item are typed verbatim on the
respective Meeting Agenda which has also been electronically forwarded to the individuals
noted above, and which is also available on the City's Website, LaserFiche, and the City's
Server; has been sent to applicable City Staff, Media/Press Representatives who have
requested Agendas /Agenda Item information, Homeowner's Associations /Representatives
on file with the City, and all individuals who have requested such information. This
information has also been posted outside City Hall, posted inside City Hall with additional
copies available for the General Public, and posted at five (5) different locations around the
City. Furthermore, this information is also available to any individual requestors. City Staff
is always willing to discuss this Agenda Item or any Agenda Item with any interested
individuals.
Upon approval and adoption of Resolution No. 2012 -32, the Final Budget for Fiscal Year
2012 -2013 will be implemented and become effective on October 1, 2012. Within two
weeks of adoption the Final Budget will be placed on the City's website.
RECOMMENDATION:
• Recommend that the Commission approve the final budget for fiscal year 2012 -2013
• Recommend that the Commission adopt Resolution No. 2012 -32 establishing the
final budget for Fiscal Year 2012 -2013
A `sample' motion follows:
I make the motion that the City of Winter Springs adopt Resolution No. 2012 -32
establishing the final budget for the fiscal year commencing on October 1, 2012 and ending
on September 30, 2013.
ATTACHMENTS:
Resolution No. 2012 -32
Revisions Subsequent to the 2012 -2013 Tentative Budget —
General Fund
Other Governmental Funds
Enterprise Funds
Public Hearings 501 PAGE 2 OF 2 - September 24, 2012
RESOLUTION NO. 2012 -32
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, 2012 AND ENDING ON
SEPTEMBER 30, 2013; 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 24, 2012, 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 2012 -2013 the City Commission adopts its final budget as may be
amended for the fiscal year commencing October 1, 2012 and ending September 30, 2013
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 $36,480,265 which includes
interfund transfers and is comprised of the following: General Fund - $15,975,762; Other
Governmental Funds - $8,839,624; and Enterprise Funds — $11,664,879. The budget is
based upon gross taxable value (real, personal, and centrally assessed property) of
$1,575,505,268.
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 2012 -32
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 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 24th day of September 2012.
Charles Lacey, Mayor
ATTEST:
Andrea Lorenzo - Luaces, City Cleric
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 2012 -32
Page 2 of 2
Revisions subsequent to the 2012 -2013 Tentative Budget
Expenditures /Transfers per Resolution 2012 -32
Revenues /Transfers - Final
Appropriation to (from) Fund Balance
Other
Governmental
General Fund
Funds
Enterprise Funds
Total
Expenditures /Transfers - Tentative
$16,225,882
$8,839,624
$11,653,547
$36,719,053
Revisions since Tentative:
Data entry correction - W &S bond trustee fees
($18,000)
($18,000)
Remove police vehicles (8); FY 2012 purchase
($250,800)
($250,800)
Datamatic maintenance contract; offset by transfer in from W &S
$680
$680
$1,360
Misc payroll updates - work comp code, insurance coverage, etc.
($4,066)
($4,066)
Add FT Inspector, eliminate PT Inspector
$32,718
$32,718
Expenditures /Transfers - Final
$15,976,762..
$8,836,624.
$11,664,879.
$36,480,266
Revenues /Transfers - Tentative
$15,631,755
$6,785,450
$12,107,190
$34,524,395
Revisions since Tentative:
FDOT grant revenue - Mkt Sqaure, Winding Hollow
$250,000
$250,000
Transfer in from Water & Sewer for Datamatic maintenance contract
$680
$680
Revenues /Transfers - Final
Appropriation to (from) Fund Balance