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Home My WebLink About2015 09 14 Public Hearing 501 Resolution 2015-19, Tentative Budget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± *RYHUQPHQWDO)XQGVH[FOXVLYHRI*HQHUDO)XQG ±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¶VLQWHQWWRKROGSXEOLFKHDULQJVWRDGRSWWKHILQDOPLOODJHUDWHVDQGEXGJHW $77$&+0(176 5HVROXWLRQ1R 5HYLVLRQVVXEVHTXHQWWR3URSRVHG%XGJHW WƵďůŝĐ,ĞĂƌŝŶŐƐϱϬϭW'ϮK&ϯͲ^ĞƉƚĞŵďĞƌϭϰ͕ϮϬϭϱ *HQHUDO)XQG 2WKHU*RYHUQPHQWDO)XQGV (QWHUSULVH)XQGV WƵďůŝĐ,ĞĂƌŝŶŐƐϱϬϭW'ϯK&ϯͲ^ĞƉƚĞŵďĞƌϭϰ͕ϮϬϭϱ ûÈÈÛÙÔÏ×ÎÈ RESOLUTION NO. 2015-19 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, 2015 AND ENDING ON SEPTEMBER 30, 2016; 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 2015-2016, the City Commission adopts its tentative budget as may be amended for the fiscal year commencing October 1, 2015 and ending September 30, 2016 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 - $17,237,046; Other Governmental Funds - $11,179,878; Enterprise Funds - $14,195,466. The budget is based upon gross taxable value as reported by the Seminole County Property Appraiser on line 4 of the DR-420 of $1,848,560,590. 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 2015-19 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 th meeting assembled on this 14 day of September 2015. ________________________________ Charles Lacey , 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 2015-19 Page 2 of 2 ûÈÈÛÙÔÏ×ÎÈ Revisions subsequent to the 2015-2016 Proposed Budget Expenditures/Transfers per Resolution 2015-19 Other Governmental Funds General FundEnterprise FundsTotal Expenditures/Transfers - Proposed $17,160,915$11,125,909$14,177,359$42,464,183 Revisions since Proposed: ($3,000) ($3,000) Remove Hawk's Reserve sign - expedited to current FY General Fund - misc expense account revisions ($3,727) ($3,727) $19,769 $19,769 Solidwaste(refinementper trend analysis) ($1,160) ($1,160) Stormwater - duplicate cell stipend $20,000 $20,000 Salary Adjustments - division 1900 $21,000 $21,000 Chipper - Transportation Improvement $4,563 $4,563 Health ins election change - division 1310 $12,000 $12,000 Special events trailer - division 2120 Increased Summer Camp expenditures commensurate with $13,000 $13,000 increased revenue - division 7240 $10,780 $10,780 IS - payroll alignment - division 1600 ($4,502) ($2,127)($2,375) Work comp rate renewal - City-wide $15,000 $15,000 Lobby credenza - EICSI Fund Severn Trent meter reading services up 20% - division 1360 and $56,084 $28,042$28,042 W&S Fund (rev neutral in Gen Fund) Printing savings - division 1360 and W&S Fund (rev neutral in Gen ($12,800) ($6,400)($6,400) ) Fund $1,200 $1,200 Increase legal - LEFT Fund - Local Expenditures/Transfers - Tentative $17,237,046$11,179,878$14,195,466$42,612,390 Revenues/Transfers - Proposed $17,161,308$8,450,659$11,833,428$37,445,395 Revisions since Proposed: $5,850 Adjusted ad valorem revenue per DR420 valuation$5,597$253 ($11,550) Partnership revenue reductions per Commission($11,550) $20,000 Summer Camp revenue increase $20,000 Increase Half Cent Sales Tax projections per updated trend analysis $44,000 $44,000 Inter-fund transfer reductions - meter-reading, printing $21,642 $21,642 Revenues/Transfers - Tentative $17,240,997$8,450,912$11,833,428$37,525,337 Appropriation to (from) Fund Balance$3,951($2,728,966)($2,362,038)($5,087,053)