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07-17-2006 - Budget Workshop CITY COUNCIL OF EDGEWATER WORKSHOP JULY 17, 2006 6:30 P.M. COMMUNITY CENTER MINUTES CALL TO ORDER Mayor Thomas called the Workshop to order at 6:30 p.m. in the Community Center. ROLL CALL Mayor Michael Thomas Councilwoman Debra Rogers Councilman Dennis Vincenzi Councilwoman Harriet Rhodes Councilwoman Judith Lichter Interim City Manager Jon Williams Assistant City Attorney Nicholas Palmer City Clerk Susan Wadsworth Present Present Present Present Present Present Excused Present SILENT INVOCATION, PLEDGE OF ALLEGIANCE There was a silent invocation and pledge of allegiance to the Flag. MEETING PURPOSE The purpose of the budget workshop was to discuss the FY 2006/2007 Enterprise Funds and General Fund. Interim City Manager Williams went through the attached Powerpoint Presentation. He commented on advertising the budget workshop to be all inclusive in terms of all the funds. Tonight he wanted to try to deviate from that to advertise the agenda to just strictly focus on the General Fund. He spoke of the packet he provided with quite a lot of detail and a budget for all funds they probably would be changing. He informed Council the goal would be setting the millage rate and he also listed some discussion points they would be going over. 1 Council Workshop July 17, 2006 Interim City Manager Williams stated he wanted to discuss where they believe their current position is. He spoke of providing to Council in the past monthly revenue and expense income statement types of reports for the General Fund as they have closed those periods. They have tried to estimate their expenditures and revenues for July, August, and September to project the fund balance at the end of this fiscal year and give them a raw position of where they believe they are financially. He further commented on through June if this was the end of the fiscal year they believe they would have an ending fund balance of $4,284,555. However they do know that at this time of the year their revenue streams start to falloff and their expenditures continue to pick up and they have some associated debt costs that will be coming due towards the end of the fiscal year that typically impacts. Through June they have collected 85% of their revenues or $9.9 million and they have incurred expenditures of 64% or $8.6 Million. If the year were to end that would provide operating income of about $1.3 million. He then commented on an above the line approach, operating revenues and expenditures and below the line approach which looks at other financing sources. He further commented on other financing sources. Interim City Manager Williams then commented on their projections for revenues and expenditures. They have tried to be very conservative in their revenue collections and tried to be realistic in their expenditures projections. They feel they have done a fairly good job at that and they hope they have more revenue and less expenditures to change that bottom line number. Interim City Manager Williams stated at the end of the day they believe for the period ending September 30, 2006 they would be at $1.7 million or 12.96%. He commented on the Charter restriction that stipulates they need to have a fund balance of 15% to 25% so they have to take that into consideration when they move into the FY2007 operating budget. The 15% is being calculated on FY2006 expenditures. The shortfall in Fund Balance based on those numbers is about $274,000. Interim City Manager Williams then went over the Taxable Value Survey they put together. He has described to Council what he thinks some of the problems are in terms of 2 Council Workshop July 17, 2006 tax revenue and services they provide and our neighboring cities. It has been a desire of past councils to provide services which are consistent with our neighbors to the north but at some point it appears like it has a negative impact. These taxable values by category are based off of the FY2005 values that came off of the Property Appraiser's website. They have highlighted the major areas, Single Family Residential, Commercial and Industrial and they have compared themselves to Deland, Holly Hill, New Smyrna and Port Orange. Councilwoman Lichter asked if they were to put Oak Hill in there if we would be closer to them. Interim City Manager Williams felt they would be ahead of Oak Hill. Councilwoman Rhodes commented on the cities that were compared providing the same services that Edgewater does. Interim City Manager Williams compared Edgewater to New Smyrna Beach in terms of single family residences and that difference mainly coming from the beachside and the values that those homes have to offer. He felt some of their focus was expanding their commercial and industrial base. That would help shift the burden from the residents. He spoke of this being a long term goal. Interim City Manager Williams then commented on the budget having excess revenues over expenditures to the tune of $1,772,000. He spoke of removing every piece of capital expenditure that has been related to this budget to get to that number. Interim City Manager Williams then commented on the list of Capital Expenditures Not Appropriated having a grand total of $2,136,000. That is the amount of money they have pulled out of this budget to get them to the $1.7 million. They provided the list to describe what this budget does not have in it, how they have gotten to it and where they plan on going from there. Interim City Manager Williams then commented on increases and decreases in expenditures based off of the current budget. This year's proposed expenditures are less than last year's. He spoke of in the General Fund it being a goal of previous Councils' to present each department on a profit and loss basis and they have continued that same goal through this budget. He then went over the General 3 Council Workshop July 17, 2006 Government Revenue and Public Safety (Fire and Police). He explained that in order to fund Public Safety they would have to levy 5.885 mills in terms of ad valorem taxes. Interim City Manager Williams then commented on Community Development (Planning, Economic Development, Building), Support Departments (Finance, City Manager, City Clerk, Personnel), Parks and Recreation (Leisure Services), Transportation (Streets), Legislative (City Council), and Other Governmental Services. Interim City Manager Williams then commented on personnel costs and the impact of new positions. He commented on the Plant Trainee and two Police Officer positions being appropriated. Interim City Manager Williams then commented on pension plans. He had provided to Council a history of pension plan contributions and how they are stated in terms of dollars and percentage of payroll. He commented on this area in and of itself being one of the most difficult areas to budget for. He spoke of Principal preparing an actuarial evaluation with associated presumptions based on a whole bunch of factors. He spoke of working on a way to accurately project where those costs will be and try to hone that skill in. Councilwoman Lichter asked how they get so off on that and how that happens. Interim City Manager Williams commented on assumption changes that came out of the actuarial evaluation. They have been trying to control costs with Principal for a number of years and they have entered into an arrangement with Bogdahn Consulting to come in and look at these pension funds. It is going very well. The timing of those folks looking at the pension plan and the assumption changes allowed the contribution to go down drastically. Councilwoman Lichter asked if that applied to all pension plans. Interim City Manager Williams stated they are evaluating the performance of all of our plans. That is a tough thing to get your hands around at this point and it's a tough projection to make. Councilwoman Rogers stated Interim City Manager Williams was saying there was a timing problem but when they talked 4 Council Workshop July 17, 2006 she had made mention that he was aware of how Principal calculates and she had suggested that they create some kind of a spreadsheet so they can do some accruals and adjustments on a quarterly basis so at the end of the year they aren't having this timing difficulty. She didn't know of any other city nearby that had this same problem ongoing. This has been an ongoing problem for a number of years. She spoke of in 2002 the millage was increased by one point because of the pension shortfall and it was only supposed to be an increase for one year. The next year it didn't change and the next year she believed it changed by ~ a point. The excuse she was given for the reduction in the millage rate was their property values went up so when they were given back the ~ millage they were never given back the 1 point that should have been given back to them two years previously so right now they still have one point of millage sitting there that was an increase that was supposed to be solely for the shortfall it he pension. They have a problem there and it needs to be resolved. She expressed concern with the auditors, who we have had for several years, not coming up with alternatives or suggestions to fix this. To have the same excuse over and over again, it doesn't settle well with her. Last year in the summer during the budget she spoke privately with the City Manager and he said they weren't going to have a problem and that they had recovered and made all this money. At the very end the millage didn't get the reduction it should have because the pension was losing money. Interim City Manager Williams thought that was where they saw that 42.67% come in. Based off of that trend he was suggesting they be fairly conservative in those projections. He didn't like having to approach Ken at that point in time and describe to him that they missed the budget by about $380,000 that year. Councilwoman Rogers stated so this year if they've recovered it's really not a great windfall, it is just balancing the error that was made in last year's estimates. Interim City Manager Williams commented on seeing a spike on the chart around FY2005. He thinks some of the increase in funding was directly related to the hurricanes and the high amounts of overtime they incurred. He thought they were seeing it level out. 5 Council Workshop July 17, 2006 Interim City Manager Williams stated to go back and try to address the necessary reasoning for the 1 mill increase that that point in time, if his memory serves him correctly, right around the time they made some benefit changes to the pension plan, changing retirement from 30 years to 25 or from age 60 to age 55 which created an unfunding liability on that plan and ultimately drove up the cost of the annual required contribution. That is probably one of the reasons for that mill increase. Part of the problem associated with the General Fund pension plan is it is a closed plan, which houses a lot of their longer term employees that have been with them for greater than 15 or 20 years. They are part of this consulting effort looking at whether or not it is feasible and smart to open that plan back up so they can spread those liabilities out across newer employees and what the effects would be on that cost. They have also requested some cost estimates regarding other changes related to that plan that they were going to look at after they close this fiscal year and make it a part of next budget year's talks. They are looking at some sort of model that they can accurately project those calculations based off of fund performance and where their payroll costs are going and trending from that perspective. Mayor Thomas stated the Police and Fire pension funds are pretty secure and steadfast. The problem is the General Employees pension fund. Interim City Manager Williams stated it was secure. It's fully funded. Mayor Thomas stated the employees, they have to find a better way and once an employee gets in it and gets a certain amount of years he doesn't want anybody messing with or changing his pension plan. It scares them to death. A pension plan is like an insurance policy. It is a gamble. He thinks the State of Florida invests their money. When an employee retires they keep paying that employee and if they have a bunch of them die and a bunch of them live to 100 they lose a bunch of money. He wasn't sure which way to go. There is a problem there and they have somebody looking at it. Interim City Manager Williams commented on it being a sensitive subject when they talk about employees' retirement. They have been talking about it for years and they are making steps to figure out what they are going to do but they haven't landed on any solid 6 Council Workshop July 17, 2006 decisions of how they correct the problem. Mayor Thomas stated there is no simple solution to that. Councilwoman Rogers asked when the consulting group began reviewing their plans. She estimated it was started at the beginning of the year. She asked when they would be complete. Interim City Manager Williams informed her they have a meeting scheduled Friday with them to look at that investment performance. One of the other things they have to do is bring in a separate pension attorney and a separate actuary to prepare an actuarial evaluation on the numbers to ensure they can get the savings they need to get. They have had a preliminary report from Foster & Foster that suggests they could make some changes and see some savings in terms of annual required contribution and stated as a percentage of payroll. They are going to want to do a full experience study and actuary study to guarantee that they can generate those results. They did some basic calculations and said they believed they could do it. On his side of the table, he wasn't real comfortable saying they've got it without a full analysis of that plan and making sure there are some savings associated with what they are suggesting in their assumptions. Councilwoman Rogers confirmed when Interim City Manager Williams said closed fund he was referring to the Defined Benefit Plan because no one else can get into that plan. She asked approximately how many employees they had in that plan. Interim City Manager Williams informed her approximately 65 at this point. Councilwoman Rogers asked how many were in the Defined Contribution Plan. Interim City Manager Williams estimated between 100 and 120. Councilwoman Rogers stated the Defined Benefit Plan is less risk for the employees whereas the Defined Contribution is more risk. The Defined Benefit Plan is more risk for the City and less for the City on the Defined Contribution Plan. She then asked how many employees they had that were approaching retirement age on the Defined Benefit Plan. Interim City Manager Williams thought just this year alone there were 24 that were eligible under the Defined Benefit Plan. Councilwoman Rogers asked how many employees were still in the Defined Benefit Plan that could have retired that are receiving and accruing benefits under the Defined Benefit Plan. In the calculations the pension people would 7 Council Workshop July 17, 2006 have realized that there would be people retiring so eventually the City will not be as much at risk but if those people haven't retired then the City's risk stays the same and goes up as time goes on. There is a value in that. She believed in their conversation he has used a figure of $280,000 in terms of what the Defined Benefit Plan is costing the City. Interim City Manager Williams stated $280,000 didn't ring a bell. He knew that for this budget year it was $600,000. Councilwoman Rogers expressed concern with any new person that is coming into the City's employment they are having to go in under the Defined Contribution Plan. It's less risk for the City. So the people that should have retired that could have retired and it is great that they are still here that they are still accruing and getting benefit from that point forward under the Defined Benefit when in fact if they would have had a new employee coming in it would have been under the Defined Contribution so it's costing the City more money so if those individuals still want to continue working for the City those benefits retroactively should have been put into the Defined Contribution Plan and the auditors should have noted it in the financial statements when they did their annual audits. She didn't know what the standard was but there is a standard for that. Interim City Manager Williams informed her that the $280,000 came back to him. What he thought he described to her for those folks that exercised the option. If they were to go to the Defined Contribution, for instance the Defined Contribution Plan is 12% of payroll. If they compare that to what that averages on the board right now they are looking at roughly 24% so half of what they have allocated in terms of dollars is probably where he came up with that estimate. He hadn't actually calculated that number to be exact and he still hadn't done that today but that was the consideration they addressed when they spoke, when those folks do exercise that option of retiring out of that plan and then moving over to the Defined Contribution. Councilwoman Lichter stated on a general look at the situation, she didn't think they could measure in dollars and cents the experience our older employees have in the position they are in. They may be able to save some money by incentives but that is a balancing act because they have 8 Council Workshop July 17, 2006 a group that are pros. She spoke of taking early retirement because the incentives were good enough and helpful enough. There are some places that do offer those incentives to have their more experienced people leave. However, she wonders if it is worth it. They have a bunch that are beyond compare. Interim City Manager Williams stated a tremendous amount of knowledge and experience that goes along with it. Councilwoman Rogers stated she wasn't making any suggestions that older employees should leave. What she was trying to get at was the auditors should have made some comments or notes and she feels they should have done something that those workers that wanted to continue to work, that is more than fine. That is a definite asset and benefit to the City that can't be logged into a box and say here's the value but the retirement benefits from that point on should have been calculated under the Defined Contribution Plan and the difference would have saved the City a lot of money. She felt that should be looked at. She didn't understand why the auditors didn't mention it in their report. Mayor Thomas asked if they were happy with the Police Officers Pension Fund and the Firefighters Pension Fund but they aren't happy with the General Employees Pension Fund. Interim City Manager Williams commented on trying to identify areas that they can improve that number while satisfying the benefits they have there in terms of the retirement. They have run into a little bit of a snag with Principal and he thinks they have got the message that these are the areas they want to look at, tell them how much it is going to cost, tell them what the effects of those changes are going to be and then they can try to make a conscious decision based off of that information. It is a sensitive subject when they start talking pension and employees' retirement. They all get a little concerned and upset about that. Mayor Thomas stated they know there are problems there and they are looking at avenues to fix the problem. It scares him to death because Edgewater is a little city. He thinks they have to be very careful with the pension fund and get some good advice on what they want to do in the future. 9 Council Workshop July 17, 2006 Councilwoman Rogers stated the extra 1 percent in millage has been sitting there for a long time so if they have recovered she would say it has a lot to do with that and the fact that their values have increased. They have had the same thing come back to them over and over again. How long does it take to fix something? How long does it take to learn from the mistake? Are you going to keep hanging in there saying you are going to fix it because they really haven't done anything? It looks like they have done something this year but not really. Mayor Thomas asked if Councilwoman Rogers was correct that it went up one point to fix the pension fund and it never came back down. Interim City Manager Williams was certain she was correct. He thought what she was told was accurate and he thought a portion of that was due to the changes in the plan at that point which created some unfunded liabilities and he thought that created the problem along with the fact of trying to accurately and conservatively project these costs. It's tough to make an assumption today for next year and there are a number of different variables that could affect that. Councilwoman Rogers stated they have used the same methods and they are still missing it so why can't they help them a little sooner and give them some kind of a formula so he could do a calculation and accrue something so they don't have such a big variance at the end of the year. Interim City Manager Williams informed her they were working on that. The other factor that could affect that would be if they have an active hurricane season and they incur a ton of additional overtime costs. Mayor Thomas commented on not being able to predict what will happen in the future. Councilwoman Rogers stated she doesn't see other cities having the same problem over and over. She spoke of finding out what they are doing. Interim City Manager Williams felt part of that was associated strictly with the fact that that plan is closed. He felt that was the one major difference they may see in comparison to New Smyrna but they would certainly look for methods to use to better predict those costs and see how they go forward from there. 10 Council Workshop July 17, 2006 Interim City Manager Williams commented on the gas prices being a major weakness of the current budget. He spoke of through six months of the fiscal year they had incurred 100% of the cost they allocated for the whole year. At this point he was wondering whether $3.25 a gallon was an appropriate cost and whether they should go back and look at $4 per gallon due to oil costs continuing to rise and fluctuate. That could potentially come back and negatively affect where they are going with this budget. That also drives the chemical costs for treating the Water Plant and construction costs. That one key component drives a ton of other factors that could negatively affect this budget that they are trying to get their hands around and trying to accurately and conservatively project. Interim City Manager Williams continued his presentation by discussing Major Increases/Decreases City-wide with regard to salaries and insurance. Interim City Manager Williams then went over the Payroll Projections for all City departments. The total wages which included benefits for personnel costs would be in excess of $12.8 million. Interim City Manager Williams then went over the Capital Expense Priority List. He suggested they start making provisions now for their future capital needs by transferring $200,000 per year to be sent to the capital projects funds. Out of the $1.7 million in excess revenue, they would be left with $361,000 in excess revenue. Councilwoman Rhodes stated the Reserve Fund is still not 15% as the Charter requires. She felt that should be top on this list and it's not. Interim City Manager Williams informed her it wasn't but they could appropriate that with the excess revenue of $361,000 which would not provide for any reduction in millage rate at this point. Councilwoman Rhodes stated before any of this list is put into effect the Charter needed to be met. That should be his first priority and then he can go down his list and decide his millage rate based on that. They do not have an option with that. Maybe everybody else feels differently but as far as she is concerned the Charter is to Edgewater as the Constitution is to the United States. It is what it is. They have to follow it and if they don't want to 11 Council Workshop July 17, 2006 follow it they need to change it. She feels that needs to be their first priority. Interim City Manager Williams stated the purpose of him putting up the priority list was to get some direction from Council in terms of where they wanted to go. If they plug in what he projects to be $274,000 that whittles down that excess revenue that they can use for millage rate reduction to be a little less than $100,000, $87,000 for millage rate reduction. He had a slide that would identify in quarter mill increments the costs associated with any reduction in millage rate. Councilwoman Rhodes wanted to know the number they needed to meet 15% of their Charter requirement. Interim City Manager Williams informed her they needed an additional $274,000 to get them to the minimum of 15%. As part of their operating processes for this fiscal year, about August 15th they would cut off purchases within the City and everything would have to get special approval to go forward. Councilwoman Rhodes felt that was artificial. Interim City Manager Williams informed her it was but what he was hoping was that they could make a larger headway. Councilwoman Rhodes stated but at the end of the year they will have this fund that looks like it is 15% but it's not because then they are going to have to make big purchases afterwards. Interim City Manager Williams asked Council if they are able to satisfy that requirement this year, meaning hopefully our revenues come in more than what they are projecting and their expenses are lower that they achieve that minimum 15% then that money they make appropriations for out of this list if there is no reduction in millage rate that they use that to help fund their future emerging capital needs or any excess above minimum level of fund balance they use to start transferring to try to proactively their needs in the future. The goal being any time they exceed the minimum they take that excess, keep it at minimum and start looking at how they fund their capital needs and desires for the future. Councilwoman Lichter asked if this was the last opportunity to add to the list. She spoke of being at the temporary shelter on a daily basis and she knew they were working on a plan to see what they could get for $500,000 but she thinks there is one immediate need and it's less than 12 Council Workshop July 17, 2006 $200,000. It's $172,000 for proper fencing and proper areas to put the dogs outside. They are literally attached to a fence that had holes in it. It may go on the bottom of the list but she feels since the Pet Society has insulated the building and done some work there that that is almost a priority so they don't lose dogs. Interim City Manager Williams informed her they could add and take away from the list as they pleased tonight. He thought the goal was to come out of the workshop with their consensus on the millage rate. Councilwoman Lichter felt they should keep that in mind. It may not be another year before they have a building and they need a safe environment at least. Interim City Manager Williams expressed concern with meeting the timeline established for TRIM compliance which was why they were here tonight. At the first one they described they may not meet to discuss this but they left out of there trying to accommodate Council's wishes at 5.95. They have gone back and firmed up the numbers to the best of their ability try to maintain a conservative approach to their revenue projections. They sat down the next day after they first met and described a 5% increase in operating was the target for all departments to achieve and sent it back to the drawing board for them. He also asked them to prioritize their capital expenditures. They came back to the table and realized very quickly that they did not even through that process have the ability to present Council a balanced budget which led them to the approach that they have just taken by taking all of the capital expenditures out of this budget and try to describe to Council a priority list and then providing some excess revenues to address the fund balance and/or a reduction in millage rate. Mayor Thomas asked at 5.95 if they would have to cut back some services. Councilwoman Rhodes stated no they are going to have to cut some capital. Interim City Manager Williams stated at this point capital. Out of the list what they deem to be not the most important is the only place to cut at this point. Mayor Thomas asked Interim City Manager Williams if he recommended 6.45. Interim City Manager Williams informed him that was correct. 13 Council Workshop July 17, 2006 Councilwoman Rhodes asked how many vehicles were being leased. Interim City Manager Williams estimated ten vehicles. Finance Director Brett Tanner was looking up the information. Interim City Manager Williams further commented on vehicles they identified that needed to be replaced. There was a brief discussion regarding looking at six cylinder police vehicles. Interim City Manager Williams informed Council they didn't have the number of vehicles offhand but agreed to try to get that for them as they went through the presentation. He estimated between ten and fifteen. Mayor Thomas asked Interim City Manager Williams if he had included the 35.3% anticipated from property taxes. Interim City Manager Williams informed him it was included. Interim City Manager Williams explained one of the things that negates that is if they were to look at the previous budgets is that they have made plans for the development of ParkTowne and the sale of that property. Through major increases of construction costs and planning they have sold everything they have provided infrastructure to and that was a little over $1 million of projected revenue in 2006 which they did not make representations to sell property for in 2007 so they had an increase of $1 million in ad valorem taxes but they also lost $1 million from the sale of ParkTowne. He spoke of having some contractual obligations to put some infrastructure in place. Interim City Manager Williams continued his Powerpoint Presentation by commenting on Economic Development with regard to ParkTowne. Councilwoman Lichter asked if what they were talking about was a switch in the plan for ParkTowne, the selling off of property. She asked if the intent was to develop it in full. Interim City Manager Williams informed her it was but he thought some of the concerns there were the major increases in construction costs that have come back to negatively impact this and maybe planning on their behalf. Lichter asked if they had some new industries interested and they haven't been able to provide for them. Interim City Manager Williams informed her the one area impacted 14 Council Workshop July 17, 2006 the most was along Base Leg Drive. They have a few industries that have bought property towards the end of Base Leg Drive that want to build a new facility that employs about 30 people that if that infrastructure is not put in place and the process isn't started very soon they will probably see those folks leave town. Councilwoman Lichter stated that was the one area they seemed to be low when they compared themselves to New Smyrna and Port Orange and the other cities that were coming in with more revenue. Interim City Manager Williams stated there were a variety of businesses in there. Boston Whaler was the largest employer in ParkTowne with the second largest being Viking Industries. They also have some smaller warehouse type businesses. Councilwoman Lichter asked if it would be under short term to provide for this area that wanted to come in now. Interim City Manager Williams informed her the businesses that wanted to come in now were under the short term plan. They also have a concrete plant that is interested in some property at the end of the cul-de-sac that would probably provide 12 to 15 jobs somewhere in the range of $30,000 to $35,000. Getting access to that property is contingent upon them coming in. Councilwoman Lichter asked if that was included under the short term as well. Interim City Manager Williams informed her it was. There was a ten-minute recess at this time. Interim City Manager Williams reported to Council that there were a total of eleven vehicles associated with the $223,000. Interim City Manager Williams continued his Powerpoint Presentation by going over the schedule in quarter mill increments of what the cost would be to roll back from the stated 6.45 that he was suggesting. Interim City Manager Williams informed Council if they wanted to address individual departments they could bring up the department heads and talk to them regarding their proposed expenditures and or they could ask questions of him. 15 Council Workshop July 17, 2006 Councilman Vincenzi stated the thing he really couldn't understand and didn't agree with was the fact that there is a 35% increase in revenue and he didn't understand where all of that stuff was going or why the millage had to stay where it is. He has expressed a desire to lower it to 5.95. There are problems in the budget that needed to be addressed, some that could be addressed now and some that could not and a plan needed to be worked out to address those issues. Councilman Vincenzi then expressed concern with overtime. Interim City Manager Williams informed him they looked at overtime and they typically try to allocate overtime as a percentage of payroll and have looked at past years overtime and have landed on those percentages. One of the issues he has addressed with Tracey and they are looking at how they can maybe make some changes and the effect of those changes as well. Councilman Vincenzi commented on the Police and Fire Departments being the two departments that might be justified in scheduling or budgeting overtime because emergencies do happen. Fire Chief Tracey Barlow commented on some of the overtime issues this year alone being contributed to the unexpected wildfires they were seeking reimbursement on. Fire Chief Barlow then commented on the Fire Department schedule being different in how it is regulated by the Fair Labor Standards Act, which is Federal law that they all have to abide by. He further commented on staffing requirements. They could either add significantly more people or they could work the same individuals more hours and pay them overtime. They did a study back then and determined it was cheaper to work them longer hours and pay them overtime. He then spoke of the overtime paid out for holidays. Councilwoman Rhodes questioned the firefighters being paid overtime on holidays. Her husband when he works on holidays, he isn't paid overtime. He is given the time in his personal leave bank. She asked why they can't do that. Fire Chief Barlow informed her personnel policy dictates what and how employees are paid. Those could be changed through negotiations with the employee management committee or the unions. 16 Council Workshop July 17, 2006 Councilman Vincenzi asked where the Fair Labor Standards Act came in. Fire Chief Barlow informed him that was a Federal law that regulates that they can only work employees so many hours in a four week cycle at straight time and then they have to pay them overtime for every hour thereafter. They can work 212 hours in a 28 day cycle and then everything above the 212 hours they have to pay them overtime. Councilwoman Rhodes stated so if they cut their hours they would have to hire more personnel. Fire Chief Barlow informed her that was correct. If they went back to the traditional 42 hour work week, then they would have to add that many more personnel to cover a fourth shift. Councilwoman Rhodes she asked if the holiday thing was negotiated through the union. Fire Chief Barlow informed her it was through the personnel policy. Interim City Manager Williams informed her the Fire department was not union at this point and they had established an employee management committee that they negotiate with in trying to establish benefits. Councilwoman Rhodes asked if that was the personnel policy for all departments, including Police. Personnel Director Debby Sigler informed her unless the specific subject is addressed in the union contracts. Interim City Manager Williams stated internally they were still evaluating non-traditional schedules and approaches, brain storming and thinking out of the box of how they can deal with this overtime and looking at staffing and which is the best way to proceed as well. Councilwoman Rhodes stated she wasn't suggesting that be done. She was suggesting it doesn't have to be done that way. She firmly believes the Fire Department in order to keep good employees they have to pay them or they are going to go somewhere where they are going to get paid a living wage at least. If one of their benefits is that they get overtime on holidays, great because her husband works for a city and they could not live if he didn't make overtime. She didn't have too much of a problem with that. 17 Council Workshop July 17, 2006 Councilwoman Lichter asked if it seemed that in general they profit better from the Fire Department not being in a union than being in a union. Councilwoman Rhodes stated that is up to them. They negotiated a better rate without a union than the Police did with a union. Fire Chief Barlow stated from a department director standpoint it sure gives the department director more flexibility and creativity of not being bound in some fashions by a union. He spoke of programs he does such as motivating and encouraging training outside of compensation as well as using what they can as comp time as much as possible. With limited staffing he is encouraging some of that. Councilman Vincenzi questioned the overtime in the Fire Department being distributed evenly across the board. Fire Chief Barlow commented on tracking that they have created that is online that helps keep that balance that only Lieutenants have access to to make changes but anyone can see it. Mayor Thomas asked if it was overtime on holidays or double time. Interim City Manager Williams informed him they get paid for the holiday and then they get paid time and a half if they are working that shift. Councilwoman Lichter asked Fire Chief Barlow if they had improved at all in their rating for the insurance. Fire Chief Barlow informed her we were rated at five. In 1998 when he was hired as Fire Chief they went from a seven to a five. His goal this year was to get to a three. Councilwoman Lichter felt that would be quite an accomplishment. Councilwoman Rhodes asked what the guys make average for base pay. Fire Chief Barlow informed her they had an employee start today that was making $9.96 per hour. Mayor Thomas commented on a book he got from VCOG that he gave Interim City Manager Williams that compared our salaries to every salary in this County. Councilwoman Rhodes felt the Police Officers and Firefighters for a city of our size were paid pretty well. She felt they needed to do that to get good people. Fire Chief Barlow commented on a majority of their members living in the community. It's not just a job to them, it 18 Council Workshop July 17, 2006 is taking care of their community. He commented on recently trying to enhance their marine operation and rescue. They are still a combination department and have volunteers and reserves. They are trying to be as creative as possible. Mayor Thomas stated they need to know how good they've got it. He worked for thirty years for the State and never received a dime of overtime. The State does not pay overtime. They gave them comp time at straight time. Interim City Manager Williams commented on being quoted in the past as saying that they are the most expensive. Personnel costs are but they are our greatest asset. Councilwoman Rhodes stated or greatest liability depending. Councilman Vincenzi asked Interim City Manager Williams to explain vacation and sick leave buy in, which he did at this time. He thought this would probably be something they would look at negotiating when they come down to the next round of negotiations. Councilman vincenzi felt this was something that needed to be negotiated. That is a nice little feature and benefit but vacation time is vacation time and sick time is sick time. To cash it in for money to him that is an excessive benefit. Councilman Vincenzi mentioned some of the issues being short term and some of the issues being long term problems that needed to be addressed. Councilwoman Rhodes stated they also have to consider the impact of the incentives for employees to come to work. There are a lot of places that offer that incentive. She wasn't disagreeing with Councilman vincenzi but she felt they needed to consider the other side of the coin. Mayor Thomas commented on employees that use their sick time as quick as they get it and other employees that never use it. There are pros and cons to that. Councilwoman Rhodes commented on it making a difference if you have 20 people doing a job and one person calling out compared to having 100 people doing a job and one person calling out. She felt maybe they needed to look at that different. What are they going to pay in extra to 19 Council Workshop July 17, 2006 compensate for the employees taking the days instead of cashing them in? Councilman Vincenzi felt whoever negotiated these things and he wasn't pointing the finger at anybody but he probably wasn't here anymore. It was very generous and that is nice to treat people that work for you very good but there is a limit because you don't have as much money as you would like to have. Personnel Director Debby Sigler explained every year when it becomes time for union negotiations it hasn't been done in the recent past but Council has a right to sit with Interim City Manager Williams and give the Council the figures. The Council gives Interim City Manager Williams the guidance they want and tell him what items they want him to negotiate a way or give to the employees. Councilwoman Lichter asked if they could also talk to Interim City Manager Williams one on one before that time with some ideas. Ms. Sigler informed her yes. In a group with just the Council and Interim City Manager Williams without violating the Sunshine they have a right to sit and talk about employee benefits because it is something they are going to negotiate in the open. Interim City Manager Williams would go back to the table and negotiate for Council. Ms. Sigler commented on the last time they negotiated union contracts the cash in of vacation and sick time changed quite a bit. It was renegotiated with the intent of costing less and it ended up costing more. Councilwoman Lichter asked how many years ago that was. Ms. Sigler informed her it was just a couple of years ago for this contract. Councilwoman Rhodes stated but they approve the union contracts. They are aware of it. Councilman Vincenzi commented it being interesting that it was renegotiated with the intent of costing less and it ended up costing more. Councilwoman Lichter asked for an explanation on the vacation. She asked what the extra vacation time was besides days that are off. Interim City Manager Williams commented on the employees being allowed to accrue vacation 20 Council Workshop July 17, 2006 time up to a certain level. After that point they either lose it or they have to cash it in. He thought they were starting to see instead of losing it they are cashing it in and that is a negotiated item. Councilman Vincenzi asked how much they could accumulate before they start losing it. Ms. Sigler informed him it was different in the City's policy and procedures manual, it was different in the FOP contract, and it was different in the PEA contract. Interim City Manager Williams stated if he had to estimate on average it would probably fallout between 400 and 520 hours. Councilwoman Rhodes stated but they earned it. They actually worked. Ms. Sigler stated instead of taking it off they cash it in. Councilman Vincenzi stated that was another point of contention. They earned it and they have the right to use it but it is costing the City. Councilwoman Rhodes stated but they don't have the right to have it taken away from them. Councilman Vincenzi stated if he were to renegotiate it he would not allow cash in. He spoke of banking it up to whatever the limit is and then they can't accumulate anymore was fine with him. Interim City Manager Williams stated a lot of these items they are discussing in terms of the benefits and so forth they are currently identifying and looking for or brainstorming for ideas to help address those issues. If they take something away they are going to look at something to provide to help lessen that burden with the goal in mind to provide some savings and to find some balance. In comparison to other cities he thinks one of the things they have been brainstorming on presently is associated with the health insurance. He spoke of reaching out to Florida Health Care about establishing a wellness program and if there would be any savings on the insurance premiums and how they could implement that. He also spoke about trying to find non-traditional approaches to help address those issues and trying to look at some solutions that have some savings but ultimately do not affect the budget as it was presented tonight. Councilwoman Lichter asked if the vacation time carries over from year to year so at the end of your career you might have a lot of vacation time that you could take. Interim City Manager Williams stated or they can cash it 21 Council Workshop July 17, 2006 in. able time time Councilwoman Lichter commented on the employee being to be away from the job for an extensive period of that they built up over the years. She asked how much the employees get per year of vacation time. Interim City Manager Williams informed her a new employee walking in the door gets 96 hours of vacation time and 96 hours of sick time and then they are allowed to carryover and accrue to a certain point. The vacation is not available until after they have been with the City for a year and he believed the sick wasn't available until after they satisfy a probationary period of six months. They are allowed to build and accrue. One of the things they are looking at is how they can address that during the next round of negotiations and some brainstorming and comparison of other cities and how they deal with it. It has definitely made the list for discussion but it doesn't provide a positive impact in terms of the budget and a reduction as such. Councilwoman Rhodes thought a lot of time those things are done especially in contract negotiations in lieu of increased wages. Interim City Manager Williams thought that was a practice of the past. For years Edgewater has struggled in terms of being comparable to other cities as far as salary goes so they compensated with benefits. Over the last five years a strong emphasis has been placed on bringing salaries up to match the surrounding cities. Councilwoman Rhodes commented on a new firefighter starting under $10, which she felt was not a high wage. That's not a living wage, that's a poverty wage. If that firefighter can go down the road five miles and make twice as much money why wouldn't they do it? Councilman Vincenzi referred to the Capital Expense Priority List and asked if it was in any priority order. Interim City Manager Williams stated they developed the priority list from the capital items that were removed and not placed in any specific order in terms of preference. Councilman Vincenzi stated these are things he would like to have but are not on the let's do it list. He asked if road resurfacing was in the budget right now. Interim City Manager Williams informed him it was not on this budget at all. The budget he has given Council tonight does not 22 Council Workshop July 17, 2006 have that at all. He was suggesting they put $250,000 into road resurfacing. Councilman Vincenzi asked if the budget here right now was at what millage rate. Interim City Manager Williams informed him 6.45. Councilman Vincenzi asked if that was without the list of items. Interim City Manager Williams informed him that was correct. That gives them excess revenues of $1.7 million. If they added back all the priority items they would be left with $361,000 in excess revenues that they can use to roll back a quarter of a mill which does not address fund balance. Councilman vincenzi asked how he planned on doing any of these items. Interim City Manager Williams stated they pulled out all of the capital items and presented them with a budget that has personnel cost, operating cost and debt cost. Out of that they said it was almost realistic to say they weren't going to allocate any money for computers for instance. There were no plans for that. They recognized in there they aren't addressing any of their capital needs in terms of vehicles. Councilman Vincenzi stated again that none of the priority list was in there. Councilwoman Rhodes stated the money is in there but the capital items are not. That is what they have to play with in the budget at 6.45 mills. Councilman Vincenzi stated so they are figured in. Interim City Manager Williams explained right now as the budget is proposed all capital items have been taken out of it and it gives them a total dollar amount of $1.7 million that they can go back and if Council chose to give it all back in the form of a millage rate reduction they wouldn't have any capital. What he has done is he has said it is easy for him to suggest they take out all the capital but he wanted to be able to come back to Council with a priority list and if they put that back into the budget they would only be left with $361,000 in excess money that they could use for a millage rate reduction. That $1.7 million in excess revenues was at 6.45 mills. He then described going with a lower millage rate and having less excess revenue and the balance left over being used to address this priority list. Councilwoman Lichter pointed out that the 15% minimum for the reserves wasn't put at the top of the list and that has to be in there. Councilman Vincenzi commented on the shuffleboard court items on the priority list in the amount of $337,000. He asked how much of that was FEMA money. Interim City 23 Council Workshop July 17, 2006 Manager Williams informed him $247,000 was FEMA money. They have had negotiations with FEMA that once they have those costs in place and they have finished the project whether or not they could ask for further assistance they have said they would look at it but there was no guarantee. If they pull off the shuffleboard court they would need to pull off the $247,000 because they won't get that. That was why they identified that as a priority. There was further discussion regarding the shuffleboard courts and clubhouse and the money that would be received from FEMA once the project was complete. Councilwoman Rogers asked if the $30,000 for additional engineering was for the shuffleboard. Interim City Manager Williams informed her that was correct. The old shuffleboard court was identified to be in a flood zone and they had to move it out of the flood zone and they were able to do that by making that request with FEMA. As a result of that they were forced to go through additional permitting. Councilwoman Rogers stated roughly they have got the figures from the shuffleboard court, racquetball court, parking lot, and additional engineering was coming in at $513,000. She recalled back when this was initially knocked down it had to be knocked down and cleared away within three days so they would get their money from FEMA. As time went on the percentage of what they were going to get back got reduced. Something that really wasn't brought out and a lot of seniors seemed to be mixed with the fact that they weren't able to have their shuffleboard court anymore on the water and would have to deal with Rotary Park. If the shuffleboard court would have been rebuilt where it was they would have recovered more money. She believed they would have recovered 100% so this in fact has cost the City money. Interim City Manager Williams stated with this particular project and after the damage that was incurred they as staff viewed it to be an emergency protective measure in getting that situation corrected across the street. During that time frame FEMA described a 72 hour period for emergency protective measures and debris removing that they could get 100% reimbursement. They saw it as a hazard and were taking emergency protective measures to rid the City 24 Council Workshop July 17, 2006 of any potential hazards. That was probably where the confusion came into play in terms of the allocation or reimbursement of cost. FEMA goes through a kick off meeting and then they get their project managers that come on site and they start sitting down and describing the damages that have occurred and it starts a debate as to your perception of the actual events that transpired. In this case they were hanging their hats that it was an emergency protective measure and should have been reimbursed at 100% and they said it wasn't going to happen and would be categorized under buildings. Councilwoman Rogers stated so the City made a judgment and lost 20% which was $100,000 because of that judgment. She spoke of the mention of it being in a flood zone and that being the reason they decided not to rebuild it there but somewhere else. It would have always been in a flood zone from what she would understand because it was on the water's edge so that wouldn't be a surprise. It was in a flood zone when it was built. It just doesn't equate. They have lost 20% of the value, $100,000, and she is looking at the FEMA revenue of $247,000. Initially they were at $500,000 and should have FEMA revenue of $400,000 so where did the other $150,000 go? Interim City Manager Williams thought that was a result of representations made back when those hurricanes came through and those were the cost estimates of just replacing that facility at that point in time and then they have the increases in construction and so forth and the additional costs associated with engineering that have driven those costs up. Councilwoman Rogers stated so they got FEMA revenue of 50%, not 80% like they were told a while back. Interim City Manager Williams explained when it was written, it was written to be at 80%. What they have done is requested of FEMA that once they get this facility built that they can seek those additional moneys and try to recoup some of that. He was informed they could resubmit but there was no guarantee. He thinks since then they have had Hurricane Katrina come across and had its impact with a number of other disasters that the reality of getting that money may not be. They can pull that item directly off the list but what they need to be aware of was if they do that there is an associated revenue source that goes away and they are okay with that. 25 Council Workshop July 17, 2006 Councilwoman Lichter stated if she remembered correctly FEMA kept changing their employees and the price kept changing. Our citizens did have the opportunity to go in with New Smyrna Beach and it was thrown out. Our shuffleboard players, wanted and they felt they deserved and that was why the decision was made and they were a good lobby group. FEMA did not come through with things because every time a different representative came to the City and they kept changing people and the amounts of money involved. Interim City Manager Williams stated that was one of the challenges that they face when going through that process. They are still trying to wrap that process up today. Councilwoman Rhodes asked how much FEMA reimburses if they do it in the first 72 hours. Interim City Manager Williams stated 100% for emergency protective measures and debris removal. That is where they tried to take the approach. Councilwoman Rhodes stated that was removed within 72 hours and that was the purpose of doing that. They did everything they could in their power to maximize their income from FEMA. Interim City Manager Williams stated they argued from many different angles. He commented on this being a difficult process. Councilwoman Rogers stated so when they rebuild this there is some terminology when they are doing insurance for buildings, replacement versus actual cost. What is the City's policy now that they are going to start looking for in the terms? Are they going to look for something that says replacement or actual cost? Interim City Manager Williams stated he didn't know that they had specifically addressed that. Obviously they want the terminology whether it is actual cost as long as it is representative of today's cost. Councilwoman Rogers stated they wanted it to be replacement cost because replacement costs will always higher than actual cost. Interim City Manager Williams stated but in terms of that semantic and understanding with the insurance company their position is whatever amount of money gets the most money and addresses the cost to rebuild that facility today. Councilwoman Rhodes pointed out they needed to weigh that as well because then it would cost them more for the insurance to have the replacement cost. She didn't know that they needed to pay for something to be replaced before it has 26 Council Workshop July 17, 2006 ever been lost. Interim City Manager Williams explained they currently have replacement costs but they want whatever gives them the most amount of money in those events. Councilman Vincenzi then commented on Economic Development with regard to ParkTowne. He asked Interim City Manager Williams to explain that again, which he did at this time. Councilwoman Lichter asked how it ties in with the millage rate, the budget and everything else. Is it a different source of money that they would go for for economic development or is it from tax money? How are they going to go about that? She feels they should at least clean up the area they started and they have people interested. She thinks in the end money will make money. Now they are talking about selling off the rest of the property. She feels they should finish off what was an excellent project and they are so low in economic development compared to other cities. Interim City Manager Williams explained that comes out of the excess money they have available in the General Fund. When they look at the $1.7 million they are saying out of that they are going to add a fixed cost for 15 years in the form of a principle and interest payment to fund those improvements. That is where that money comes from. Councilman vincenzi asked what the improvements included. Interim City Manager Williams informed him it included all of the infrastructure related to Base Leg Drive and Driveway A. There was further discussion regarding putting in the infrastructure on Base Leg Drive and Driveway A and the cost associated with that and what would happen if they didn't make the improvements. Councilman vincenzi commented on why he felt there had to be changes in ParkTowne. One reason was because a lot of the businesses that are going in, some of them are new but a lot of them are existing in Edgewater and are just relocating so they aren't adding anything. Interim City Manager Williams commented on a business that is relocating from a leased facility on Air Park Road and expanding their employees from 15 to 30. 27 Council Workshop July 17, 2006 Councilman Vincenzi questioned why Mr. Massey had to sell one lot. He knew why he wanted to sell it. Interim City Manager Williams thought it was wise business practices on his behalf. Councilman Vincenzi commented on Mr. Massey selling the end lot because they can't put a little road at the end. They have to develop the whole thing or nothing so that opens up all those other properties. To him that is a really good businessman but does that obligate the City to do everything all at once. Interim City Manager Williams felt it did because it clearly states in his contract that they would build that road and put that infrastructure in place. Councilman vincenzi asked where the original concept of selling land in order to pay for the infrastructure come in with this piece of property. Interim City Manager Williams thought the interest there was to provide the tax base from an industrial development perspective in that they may not necessarily totally recoup the cost from the development and it would be a payback period over a period of time in terms of additional tax revenue. They would have machinery there that they would pay additional taxes on. Obviously they are providing an employment perspective for the residents to potentially go to work. From that perspective the sole intention of selling the land for the cost to purchase and develop, there was a period of time the City was willing to take to satisfy that payback. Councilman Vincenzi had a problem with that. Councilwoman Rhodes asked if they could use impact fees. Interim City Manager Williams stated they could recoup their cost from road impact fees but he thought they would have to incur that debt. Obviously as those facilities develop and they get those impact fees they can help use that to eliminate the principle portion of that debt. Councilwoman Rhodes found in the budget that they have $285,000 in road impact fees. Interim City Manager Williams informed her they could use that money that is sitting there in fund balance to help fund that. Councilwoman Lichter asked if there was any renegotiating with him in terms of the road. 28 Council Workshop July 17, 2006 Councilman Vincenzi felt this had to be a partnership and that John Massey had to be a working partner, not just one that wanted to develop his land so he will sell his last lot and the City has to put in the road and the infrastructure so he could sell the rest of it. If he is really interested in developing that area he should be willing to work with the City too. Interim City Manager Williams thought he was willing to. He thought they had some other considerations in place. Councilman Vincenzi knew it was a tough situation because the City is obligated to do something. Maybe that was something he could talk to Mr. Massey about. Interim City Manager Williams stated he has looked allover that park and tried to pursue opportunities where he could exchange that particular piece for a piece that was on a developed piece so they could maybe look at what Councilman Vincenzi was talking about but he keeps hitting a brick wall. Councilwoman Rogers asked what the total acreage was initially of ParkTowne. Interim City Manager Williams informed her he thought the total was a little under 400 acres. Councilwoman Rogers asked what they had sold so far. Interim City Manager Williams informed her roughly 30 acres. A large portion of it was representative of the FIND and then they have to factor out stormwater retention ponds, rights-of-way and different things of that nature. Councilwoman Rogers asked if FIND was the area where the dredging material was stored. Interim City Manager Williams informed her that was correct. Interim City Manager Williams pointed out on a map the area they were suggesting they develop an RFP and either they could take the approach that they try develop the RFP for the full ninety and get the infrastructure development out of there and enough proceeds to payoff the debt that is associated with the purchase of the property or they could develop the RFP for half of that property and in turn they would develop the infrastructure and then they would sell the remaining lots and then use those proceeds to help recoup some of those costs and get them out of debt. 29 Council Workshop July 17, 2006 Councilwoman Rogers stated the City incurred debt for this property as well as the City used some of its own funds. She believed that was about the time the reserve started getting somewhat depleted. Interim City Manager Williams thought part of that depletion occurred with the fire station and the YMCA and some other projects. Councilwoman Rogers stated when the properties that have been sold were sold profit was made. What did they do with that profit? Interim City Manager Williams informed her it went back into the General Fund. Councilwoman Rogers questioned it not going towards the debt for this property. Interim City Manager Williams stated in a sense it does. When they look at the General Fund they have the sale of industrial park property a revenue line item that's depicted on the June income statement that they provided to Council. They had very good sales this year, a little over a million dollars. The associated debt for that property is about $505,000. That expense is in the General Fund along with that revenue source that's there. Councilwoman Rogers stated this was the attempt of the City to become a developer and develop this property and make a profit and it hasn't and her concern was why this wasn't listed as auditor notes in the past reports. Councilwoman Rhodes stated the intent was never to make a profit. Their intent was to put the infrastructure in and have a turnkey operation and it would cost whatever their costs were as well as the cost that they paid for it. It was never meant to make a profit. It was just meant to make it easier for people who wanted to have a business to come to this City rather than go somewhere else and have to go through the whole permitting process. Councilwoman Rogers stated but they keep losing money because of this. She then referred to the property tax revenue generated. It has cost the citizens in an attempt to attract businesses here. Interim City Manager Williams thought until the project was totally complete they may not necessarily get a comment in terms of whether or not this is a profitable or non profitable adventure obviously because they are trying to describe a situation that will satisfy the initial goal of the project to create a situation where they can attract economic development and help shift that tax burden. 30 Council Workshop July 17, 2006 Councilwoman Rogers expressed concern with the new developments such as Hammock Creek and Reflections and the fact that they are going to have commercial properties. Businesses are going to be very attracted to that land because of the proximity to 1-95. They are going to be dealing with some situations trying to unload this knowing that property is out there and it's actually perhaps more desirable because of the proximity to 1-95. Interim City Manager Williams informed her that was more commercial and not industrial. Councilwoman Rogers stated there is going to be industrial in Hammock Creek as well. She rephrased it to be commercial and/or industrial. Her concern is that this is not been what it was intended to be and it is still pulling on the City. Right now looking at a possible debt service of $350,000 and she would believe that would be a calculation for a year. Interim City Manager Williams informed her it was an annual debt payment. Councilwoman Rogers stated for fifteen years. Once they start this commitment they are there for 15 years because of the debt service. Interim City Manager Williams didn't think they had a choice. There are contractual obligations for this development and that development of that infrastructure there. That is why they identified it as a short term solution. They are looking to develop an RFP for the remaining portion. Councilwoman Rogers stated while Interim City Manager Williams is dealing with the developers and they are looking at land, City Hall, schools, etc. she would think of something creative that would help offset what they are dealing with on this piece. They are coming in and having lands that are commercial and industrial zoned and they are going to be attracting businesses and pulling them from the opportunity we have here so because they are doing that, more property, more competition. They are going to have to suffer unless they can get the developers to help them. Interim City Manager Williams informed her they certainly would. Councilman Vincenzi then commented on the transfer of $200,000 for capital projects. It seemed awfully general for an awful lot of money. Interim City Manager Williams explained what they identified for Council they had $1.1 million in vehicle expenditures. He commented on how they have satisfied those needs over the last few years by lease or debt issuance. He spoke of starting to think down the 31 Council Workshop July 17, 2006 road and referenced funding a new City Hall in the future. They were suggesting this starts funding their emerging capital needs which also goes along with an impact on the way they will be doing business in the future with regards to growth management and SB 360 and their Capital Improvement Element. Councilman Vincenzi commented on this bothering him because he doesn't see any specifics attached to it. He would be much happier with it and much more willing to go along with it if he knew there was a plan in place. He spoke of throwing out ideas for a number of years and the idea of collecting money every year for capital projects but then the potential is always there to put it towards other things that come up. Interim City Manager Williams commented on the Comp Plan that will identify a five year process and what those emerging capital expenditures are and associated for. This process starts the planning and clearly identifies their intention to address those needs as they start to emerge each fiscal year. Councilwoman Rhodes stated this year they have $1.7 million in capital projects. Take out the $200,000 which leaves $1.5 million. If they were to put $200,000 away every year for seven years they would not have to use ad valorem taxes to pay for the capital that they need now. Councilman Vincenzi felt that was a good concept and he understood it very well. Councilwoman Rhodes stated Interim City Manager Williams was asking them to implement that. Councilman Vincenzi stated he wanted a plan. He wanted to know where the money was going to go. Interim City Manager Williams explained the capital Projects Fund which is developed and in place right now and it is part of the budget process. Councilman Vincenzi asked if that was a fund that was there for investment until it is to be used on a project or if it was a fund that was there that they could tap anytime they wanted for anything that comes up. Interim City Manager Williams informed him it was a Capital Projects Fund, which was considered a Special Revenue Fund, and it falls under the auspices of a governmental fund which is similar to the General Fund. They could designate each year a portion of that fund balance reserved and place restrictions on it or designations of what the money could be spent on. He felt by doing this today it sets the stage for saving for 32 Council Workshop July 17, 2006 tomorrow to try to eliminate them getting debt and incurring those costs associated with that debt. Councilman Vincenzi felt some of the items on the list were not capital expenses. Interim City Manager Williams informed him the State identifies anything over $1,000 is categorized as a capital expenditure. Councilman vincenzi stated he is all for putting money away for capital projects if they really are a capital project. He wanted to know what the money would be used for and he wanted to make sure that it is used for that purpose. Interim City Manager Williams stated he was willing to go that route and it would be part of the budget process and they can land on a percentage of that balance that is going to be over there. Councilwoman Rhodes felt he was telling the Council he was leaving it up to them to describe what the money was to be used for. Interim City Manager Williams stated what he was suggesting to Council was every year during this process there is going to be emerging needs that is tied to that capital element. Councilwoman Rhodes asked how two police officers ended up in the capital expense priority list when they have never done it that way before. Interim City Manager Williams stated that was his fault. He further commented on it being a poor designation on his part. Councilman Vincenzi referred to the contractual obligation to build Base Leg Drive and Driveway A costing $3 million. He then asked if they have ay contractual obligations for the continuance of ParkTowne Blvd. at $6 million. Interim City Manager Williams felt they would have a contractual obligation to get the gentleman access to those properties that have been sold. There were no plans in place to sell any more property. Councilman vincenzi expressed concern about where they were going to get the money to do ParkTowne Blvd. He asked if they would get stuck paying $6 million to do that road. Interim City Manager Williams explained they wouldn't make any representations or sell any property beyond a certain point. The idea behind the plan and retaining half of what 33 Council Workshop July 17, 2006 is left out there is there are some negotiations ongoing with Volusia County Economic Development for about 15 acres. That proposal would probably provide a large employee base for a lot of people in this area. Until that comes to fruition it is just speculated at this point in time. Mayor Thomas commented on the increasing gas prices. He would rather have Plan B in effect which he thought Interim City Manager Williams was trying to do. He would love to give the citizens of Edgewater a tax break but if fuel does go up more, they will expect their trash and debris to be picked up and they still need to provide those services. He felt it would be better to be prepared. He thinks what they need to do was give Mr. Williams some direction on where they wanted to go. Councilwoman Lichter stated they can always go down but they can't go up. Interim City Manager Williams explained the theory was once they advertise that TRIM millage they set it at 6.45. If they find something in there that would generate some savings going into the last budget hearing that would allow them to work down the millage, they could propose that and come back down but they cannot go back up. Councilwoman Lichter would rather go higher and come down. Councilwoman Rhodes felt it needed to be set at 6.45 and they needed to go from there. Councilwoman Rogers referred to Page 43 - Water & Sewer Fund of the Budget Preparation Worksheet. The 2006 YTD actual was $2.4 million. The revenue proposed for 2007 was $3.5 million. She was looking at the bottom after the expenditures are taking out they have a net income of negative $680,000. She was trying to understand why $1 million from the fund transferred to the General Fund and that creates the loss in this area. If she looks at other funds within Environmental Services she is seeing these negatives. Then she wondered where all the money was going. She spoke of increases in Other Contractual Services, Utility Services, and Insurance. She asked for help understanding. Interim City Manager Williams informed her YTD was through June 30th so that didn't look through the end of the year. 34 Council Workshop July 17, 2006 He then commented on the reason for the property and casualty insurance increase. Interim City Manager Williams commented on one item they didn't describe tonight. When they originally proposed the budget to Council at the first workshop they proposed rolling back the annual transfer from the Water & Sewer Fund from $1 million to $600,000. They have gone back and looked at this and said they really had to address that and were going to continue that transfer to be $1 million for this year and set it as a long term goal to try to ratchet back that annual transfer, which was in relation to the auditor's comment. This is something that the General Fund has relied on that they set out and had very good intentions of addressing but due to circumstances beyond control at this point they can't address it this year. They can set it as a long term goal. They have placed a majority of emphasis up until this point on getting a General Fund presented that they can establish a millage rate by and their intention is to use the next two budget workshops for their Enterprise Funds. Councilwoman Rogers stated what she was getting at was the utility services, the increase and then the other contractual services increase. Interim City Manager Williams informed her they would identify the sources of those increases and bring them back. Councilwoman Rogers stated that is $250,000 and according to the schedule that's a difference of a quarter mill right there. If that is perhaps an overstatement, then that is a quarter right there. The fact that they have increased the transfer is creating a loss in that fund. Interim City Manager Williams informed her it would be a balanced fund when they come back to Council. There are some revenues associated with assessments that were not projected. Councilwoman Rogers wasn't for going with a millage rate of 6.45. She would be set with a minimum of 5.95. She would rather see it go to 5.45 because of the 1 point increase in 2002 due to the pension and now if the pension has been making money that was only supposed to be for one year. Councilwoman Rhodes thought she specifically said at that meeting she remembered somebody else saying it would only go up for one year. She said she would never promise that because she has never yet seen something go up for one year 35 Council Workshop July 17, 2006 and come back down. Councilwoman Rogers stated she spoke to Ken Hooper about that and it was supposed to be that one point would be in there for one year and that wasn't on the record. Councilman Vincenzi stated he would go for 5.95. Councilwoman Rhodes stated it may end up being that. Councilman Vincenzi stated he has never seen it come down. Interim City Manager Williams needed guidance from Council in terms of the priority list. Councilwoman Lichter agreed with 6.45 and hopefully it would go down. Councilwoman Rhodes wanted to know what the Council would like to cut in order to make the 5.95. Councilman Vincenzi stated Interim City Manager Williams mentioned a lot of capital items but that wasn't the only place they could make cuts. He spoke of there being a lot of areas in the individual departments that could be scrutinized and cut a little here and a little there and they could probably make their goal. Mayor Thomas asked if there were any incentives they could give to the City employees because they know where the fat is. Interim City Manager Williams explained for the most part they have presented a budget to Council that describes a decrease substantially in proposed expenditures across the board. The rest of the budget was personnel costs, operating costs and debt costs. He spoke of Council being concerned with the level of benefits they are providing but he didn't think it was Council's position for him to open up those negotiations and target any of those benefits. Mayor Thomas asked Interim City Manager Williams if he said that the difference between 6.45 and 5.95 would only save each house $3 per week. Interim City Manager Williams stated roughly $3.23 a week. Councilwoman Lichter commented on being more worried about what they don't know. She wants to go down if they can go down but she wasn't going to chance that because they want the services. 36 Council Workshop July 17, 2006 Mayor Thomas asked about reducing it a quarter of a mill. Interim City Manager Williams informed him a quarter of a mill would cost revenue wise $261,000. On the priority list they have $363,000 they are saying is available. Councilwoman Rhodes stated that had to go in their reserve fund. Interim City Manager Williams stated if it is $261,000 that they are going to cut out of there they are going to have to start dipping into the priority list and go from there. Very easily they could say they weren't going to transfer to the capital projects. He thinks that has a demonstration of being reactive and they need to take a very proactive approach to that because if they don't satisfy some of those needs now next year the vehicles are going to be in worse shape and they are just perpetuating that problem. At some point they are going to either have to stop providing that service because they won't have the equipment to be able to get out there and do the job. Councilwoman Lichter commented on when the roads were done in Florida Shores and the City going with the cheapest way and the roads having to be resurfaced sooner. They think they are saving money at the moment but they really aren't because it ends up costing more a few years later. Mayor Thomas commented on a lot of the citizens telling him they don't want growth and they don't want condos and that pays for itself. If they are going to be a residential community then they are going to have to pay the bill. Interim City Manager Williams stated if they stopped the growth as it is right now and they went with the annual increase of 3% or cpr that negotiated contract and increases in cost to provide services would outpace that and eventually they would be forced into a situation where they would have to start laying people off and cutting services. Councilwoman Rogers commented on when Police Chief Taves came to them for the additional funds for the radios. She made a comment about being able to forecast if possible those kinds of needs for departments and going for them with a grant. A lot of these items that are $20,000 and under she would say there's got to be some grant money out 37 Council Workshop July 17, 2006 there so this would be a good priority list for their grant writer to start looking for something in this area. She asked if they were doing that. Interim City Manager Williams felt they exhaust every measure they can in finding grants. He spoke of what they did years ago when they converted the system. They solicit every possible source of free money or somewhat free money. He spoke of having to have a backup plan. Interim City Manager Williams again referred to the Capital Improvement Element that is part of SB360 that they are required to submit in December 2007. Any capital expenditure they are going to have within a five year period, the first three years have to have dedicated sources and grant funds are not considered dedicated sources. Councilwoman Lichter commented on the directors being very industrious in finding grants. There was further discussion regarding grant opportunities. Councilwoman Rogers was looking at the 35.3% property value increase. That is an additional $2 million in revenue. Interim City Manager Williams was telling them they need that and yet they have approved developments and they have gotten grants and they are still suffering. She feels there is more they can do. Interim City Manager Williams asked Council where they would like him to start. Councilwoman Rogers suggested with the one fund that he is going to balance that is off by $700,000. Interim City Manager Williams informed her they have identified that they would be coming back to Council. He also informed her that doesn't affect the General Fund. Councilwoman Rogers stated but yet there is a transfer to the General Fund so therefore she felt it does indirectly. Interim City Manager Williams stated if he takes that $400,000 then they have no money left over for any contingencies or fund balance unless they start dipping back into the priority list. He spoke of management letter comments they received that suggested they place more of an emphasis on balancing the General Fund without such large 38 Council Workshop July 17, 2006 transfers to the General Fund. They set out with that intention. Interim City Manager Williams commented on it being prudent upon them to be somewhat conservative in trying to estimate the variable costs. They were trying to describe a solution to prevent the continuance of adding fixed costs. They are trying to drive the fixed costs down that way they have more money to place towards their variable costs or they can get it back in the form of a tax reduction. They will continue to look. It was prudent to set the millage rate at 6.45. Councilwoman Rogers stated since they have two more budget workshops in August what is the time frame right now. Interim City Manager Williams went over the budget meeting schedule. Councilwoman Rogers stated by law they have to adopt their millage. they have to set the millage by. Williams informed her by law they the Tax Appraiser's office on the August 4th. September 30th is when She asked by law when do Interim City Manager have to have it back to proposed millage rate by Councilwoman Rogers stated so they didn't have to set the millage by the next Council Meeting. Interim City Manager Williams informed her they did because they wouldn't have another meeting. Councilwoman Rogers stated they could have a meeting. Interim City Manager Williams stated at workshops there is no official action to take. Councilwoman Lichter asked if he needed this from them this meeting. Monday night they are going to vote. Councilwoman Rogers stated she wasn't going to be there Monday. She was told she could write a memo to Interim City Manager Williams and have him read it on the public record. She has also been told that they can set the millage prior to that and that it didn't have to be at the next Council meeting. Interim City Manager Williams thought they would have to advertise it if they were going to take official action. Councilwoman Rogers asked how many days in advance they had to advertise. Interim City Manager Williams thought it was 30 to 45 days. Councilwoman Rogers stated they have already advertised 39 Council Workshop July 17, 2006 that they would set the millage rate on the 24th which wasn't officially a meeting date for July. Interim City Manager Williams stated they originally targeted the 10th as that date but due to differences of opinion they decided to move it but they knew when they moved it they were narrowing their window. TRIM compliance is out of his control. He again reminded Council if they set it at 6.45 they could come down. If they take the action of 5.95 he is going to go back. in the list and he is going to start taking it out. From the consensus he has gotten tonight is they don't want him messing with benefits and he can't mess with debt, then they start getting into the issues he thought he had addressed in terms of not thinking about the future. ADJOURNMENT There being no further business to discuss, the workshop adjourned at 9:35 p.m. Minutes submitted by: Lisa Bloomer 40 Council Workshop July 17, 2006 , CITY OF EDGEW A TER FY 2007 Budget Workshop AGENDA · WORKSHOP GOAL · DISCUSSION POINTS .. GOAL · COUNCIL CONCENSUS FOR SETTING THE MILLAGE RATE DISCUSSION POINTS General Fund-Income Statement and estimated fund balance FY2006 Taxable Value Survey Excess Revenue over Expenditures Capital Expenditures not Appropriated General Fund Revenue & Expenditures by Function Impact of New Positions Comparison of General, Police and Fire Pension Plans Major increases Payroll Projection Worksheet Priority List Economic Development - (Parktowne) Ad-valorem Tax Revenues at Millage Rollback Rates 2 General Fund Statement of Revenue, Expenditures and Changes in Fund Balance-Budget and Actual For the Period Ended June 2006 --..-----.----------~1_-~~.N~ ~:::::_J~~~~~!l REVENUES-:,-."u'~'-""'~__"_N_'_'''''-''''-'-'.'-'-'--'~ . l ~~:~'~"~'~~'Nr;-p ERM"ifS.....----.....- ...~I;..~IQ';.~~~t.f};.~-~~.~.~~.}j... ....... ..._~~~.. iNti:H{G6\n~"RNM'E'NfAI""REVENUE'S"'-' . .-6"7%.... c-HA................... '. 244, 68 jiis";oo2" 159% F.iNi:fs.)~j;jD".F-6Fi"Fi:fifuREfs. .......-...t 155,600 ~ 15S~600 t 102,856 "66%"" - . '~fPACT.FifESJS.FtECiACA"s-seSSME:"t:jis-f . ....-5.:(50(n:::~::~:::~:::~:!:~~::L~.::::~~~:~~:~~~~: 118% !HX~..~~~..~.f{t...iHC?~~$.._...__...H_...._._..__................_..l......_..._...._~~.!.~g2. .__.__...__.~~!.~~.l_._.M..._.....~~~.~.?_~. .............'.6.2.,;.; ~~CELLAN~~~_~~_~_~___.~__~._I~_~__~~50 -~--~:3.~._~~-~~---_:!.~!t-"=~.~~!!~.,.~~- .......__.....__._._.....~.j.~TAL..RefvEfNu~..~..~..~~~~~1 $ 11.698,136; $ 11,686.136 i $ 9.982.264. 85% General Fund Statement of Revenue, Expenditures and Changes in Fund Balance-Budget and Actual For the Period Ended June 2006 :~ -.:--::::~ ~-:-~ ~:--~ .:- - -.-.:.:-~~ :::~;-.: ~~::; .: -~~~~~--i~{~U:i~ 'EXPENOfruRE"s:------.--- ---- ----------- .--- ----- ;--- ----=1--------. i2fPi~~~~R-..---.----...------. 63,938 ._....=~~i~~=~~:~m=j~~ 713,390 ; 514,360 72%, 333,271 ; 202,863 61%; --4~~t~ ---:~:;~~r:=Jf~ _.-::-~~! -'---'-281:-977 ----28f9iir..-166:-~=--595J ES 2,248,347 2,226,951 ; 886,099 40%; m"-_-=~@:3i9 -:=~~:j3~L:=3:iii:~: ==~6%! E OPERATIONS 2,900,939 2,927,939; 2,332.719 80%; !;:~d~~~\i:~~~~.:::='=::::'~-:::.~!,ill~iU"-::~,m:t!F:i~ifiif.---.-~~i :??:h~~:::::::5~B;~~I:::::}~9~:i:~7.: ::::!?'&1 S 587,238 587,238; 175,931 30%; CUL fuRE1RE"CREAniro~~~~~jj2~=i~i{;t~~l:.1i~~~:~F~i!:l~i~.~~']t~i TOTACE>'PENDitURES- $ 13,451,124 $ 13,451,124; $ 6,646,124 64%! 3 General Fund Statement of Revenue, Expenditures and Changes III Fund Balance- Budget and Actual For the Period Ended June 2006 . _ ...T~f.l!<:;aB~~. ... TRNAL i BUDGET .. TEiUDGET- ACTUAL AMOUNTS OTHER RNANCING SOURCES (USES)! i i.~;;;NSFERSiN---~~=:::~~=~==__"':==I~ 1~o6o:<io~I. F3~~Y_E.F3.~.9lJT_____. (685,797)1 LOAN PROCEEDS .............................-.............--.....--........................--.._--..... SALE OF LAND HELD FOR RESALE 1,012,000 636,340 .__(3.,~~1) .._H.._...._.........__.}.. ..._...hm.._.............__.. 1,438,785 I 1,438,785 ... -.-....--..---...--.l...-......-...... .......-...-.. 1,g~.s.,??~ NET OTHER FINANCING SOURCES i 1,752,988 i 2,450,785 1,718,477 1---------1-------- ! O+----. 685,797 3,052,617_ ,___ . _____1:.__.___.__.._....... ...__!,?_~!,~.~.~. j NET CHANGE IN FUND BALANCE FUND BALANCES-BEGINNING ..h....... .......__.__.___.._...._....._.....___..._...._...h.......... .._FlJt::'p_~_~_~.~_~_~:~~lt:I~_ j $ 685,797 $ 4,284,555 ~~~~;~~~~;f+t-k+~~~ ~i5%~TFi~c;,ly,;;~20(i6Ei~~p;d- ---------------.----j------- --.! 12.96% Taxble Value By Catagory Average Taxable $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $- iJSFR- . Commercial o Industrial Deland Edgewater Holly HU New Port Smyrna Orange Municipality 4 General Fund ..-....... ......_. .._~...._......__.. .m_.~.~......._. "..__.__. m m .. . ~evenu:s& Expenditures byFunc~on ..---.................-................-.......-............- i . j _. .. ... . i .:.~::~j"~Pf~~ .-.. -I.... ~i.;:~~=..l~~tii~!l-.. .~rT~bll-Ge-~erar-Fund-R;ve.;ue._.... 14,6n,21Ji 535,292! 3.79%1'" ..i!otar-<;:e.n.eraTFu.jl.d-................-... ........ :;1.2n:-B92.9n:.44,.2!...-.-......_-.-.._::...-_::_~.._~_...~_.-_:.._'...5-.._~.l_._:::~_..-_._..;._=:_....9..-_".'''.._.../1 ...... ..... ......... ............ ....~T~..~..~.....=~~.~.~.~~.~~I!~~.~..._.. - l. .~~===-:......m_.__ -......-.--....--...:~:==+~-.:-:--.-.-.::J::--.=--.-.-.t_::::-.i~-:_=::::-:-- Capital Expenditures Not Appropriated [:~:~~~~!~J:=..__.._._."'l'.._.__.._..__.._.._.._.__....._.__....-....--....- .._....__.._-_..._~._.__.-...._._.__.. ..-..-nT---'--"-"'-''''---' ----..--.tPHYSiCALiMPROVEMENtsi6..6EV:SVCS~.jjUiG:.--------- .$--.- ..(000. ----------:=::..::::IT.~(:P.l:;!!.~~Ii==-~::_==:=:=::=-....-----___m:::::=:=:::~::::-. $ 4,000 ; U-PGRADE BlDG;ofFiC-e:N"eW DOORS Ere -- -RANGE-ifSTX- COMM-OiiifY-OEiiELOp.ME-NT 5ill/06 ,EiiiTldjng----..-----.------.-.------------..----------- f2~t~~..:~:::.~~~-=..:::.-~~:r....-.----.-...-.....-...-.....--.--.--..-...-.-...-......-...-._............._.._...__._.._.__ r-----uoo r---.---fa,ooo $ 22,000 'PHONE-SYSSTAsS":sffeisURE PUBWKS--------------------..- -r-.-------<<:oOO. :_;~~~~~~~~~~;:~~~~F~~~CEMENTS) I.: - 3~:: ,EMAIlARCHIVINGHARDWARElSOFlWARE - -- --- -- -- $ --- ----2"0:000 ::::=:-:::f~~i~~~~~~~i~i~~E--_~-: :~_ -- - ~-:- ~~ ~- r-~--- ~~~~:~ ..---------.-...---.-..-.--.r--------3)OO. -...-.----......-....---.......-.....-..-.. ..$._..__..........--r~OOO. .............-.-.........--...-........-...-.......-...- ".-.. .S-..-..............S;50j)". ,:fG-BIC FIBER-ffiANS-CENERS.-----.-..----..-..------s---------...-..1)00 ,UPGRADE SOUND VIDEO COUNCIL CHAMBERS $ 15,000 ,TotalOGS $ 175,000 5 Capjtal Expenditures Not Appropriated , i ~mm~H~~; , s miii:7io! r'_"'~~ .~~.~..'v, ..~ '.~'rf'~"-"1"~{'f!~~o~'l . .0.....0.0.. m. ......' S ..... .....1(57306 1 ....6N'iA5iil/ii6-.".-"-.._..-"._-:::~-.. ......-.-.:;..:....m..........~::::.l ~i~/dG~~~...............-............. ................:.-.-.=-.-.-.Tr=.=.~~~ 5/11106 -----,1----",000 ....TUHFNHF RADlo7~t~~~PI.~~~~-'~.~~"- ............~~.~.]E~........::H~I .". ._......_.._.....~.... . .........1AUwpuCse-p-Aii.E-NTC6MPRES.SOR---................ . ......... ..__..j~~'~'_'_"'H'" .~..~~~.~~~_~ ___ .....Tl'ir.1ii,.iieclof"....-....-..-.-.....-.....-..... ; S 57,4951 ; ...__...._._._(!.~~~~!!!.._._._._..___.._...... II 372,495 I :.a:iiimal Servlcu ~ 1 t l__.___._____ '800 ~HZ RAD!2..F.2~~_~~~~.===~.=~.-.===J$--~5001 .._mJ!.?.~!.~.~j.~~.I...~~.~.~!.~.:.~ '" : $ 3,600 : Capital Expenditures Not ____~WE~J2Q~te4___..___ Str.:~..-.....-.j%i~{~~[f1s~!i~f~~~~===.=:=======-:=::=~=~I====:II]~ ; RADIO ; $ 1.500 [ .....-.-.-.:_3i~Q~=:::.::=-.=:-.::::::==-.-.-.=:-.:::.::.::::::::::::l':=:=~5?~~-'! Repairs 1 $ 50,000 1 -.-.-.-..--.-...----............---....-.-..-...-.-.............--.-.-'1'"$"--'-"'--'--"5.00if1 iTotal Strut j $ 571,500 j 1 i .~::=::::l~~~~~~i~~i.~~~dY._~~~~T~e-.p:ai~=::=::::===:.:~=IE=~=~~:.~~j ;(3) FORD 250 4)(2. WI TOW PACKAGE. LS 5111106 I $ 50.000 ; L....--.:::::::=~~:l~~~~~~~~~~~~~~~~~=::::~ ..... ..mm..-:.~=:=~=FF-.:.~=;;lOOO. .mmm. S . .....- .m..n..-....... , ; RACQUETBALL COURTS ------..-n---96,Oo01 ROT"AA'("PARK"BASKEiiiAi:CcouilTREP[ACEMEif(' .... .-m"i".I:i:0001 t.-- ..~::~:~~~=: ROT~1~~BKf~RK_~~~2!:~:~=~~:~=::~:~=~~~~~:::~~:::~:::::~::::~~=::~~::~]I~:::~~:=:~:~:~~~~l ; m........__......._. J<?!1!!!!!'.!'f.l!'_~~.s..~.3.\\'i:lf.l.e.e.~.~.l:>!"5.!l'.E.~~.e.!..B0.Pe.~.....i..~.. ..m~.~~3..7..j JOHN DEERE 757/60. Z.TRAK MOWE WIMULCH KIT ; $ 7,665; .m ................._m_._. DARoT';:-ij'ifp(j[i:WP"E"iiJRFTENDER'wiECEctRiC"coiiiRbC'-"i-..-..m.-"1"4:8501 .. m .... ._.~_"_~'_H.._._...___._.._...._...__..~__._.....__m..........---..........-...-... .._............~...-...... ............m..~.l ~.... t I 698.152 [ ._.....J.~.~I~_~!~=:~-~=~~_~~~~~~=~:~~.:. ..........-..-.-1 ! ........_....._..J.!....__.~,.~~~..!1.~..i mmmm.....m....... $ (363,339)1 m___m'_.' ...lI._..m!,1Z~?!..1J . m ......................._.~....._ . . .' . . . . . . ___..,v".~.W_'_.H~'_ _~_..."_..A__. m_"",,, 6 ...... ..... ...... ..... ..... "Ge'n'~';';i-'F~'~d ... '~.~.~~.~.~,!'.~'.(~'P.~,~'.iijtu,:.~ ~_y_~-~.~~'~t!.~n ~ --. '-'2:"'61,236' ..........."3:(40(,........ ........6.;752;054..:...:1:::: . . """2":926)2',- ",ins.i94 .......35,400--.. .. '6.(900'" o ... f 1,000,000 12,753,769 . .~:"""":~~~.~~~g~:::: ......+-. ....~;~Ptil;/~..... General Government Revenue: "';-Ad:va'ior~m'" ..-....... ...-.......-........ .-T6ih~i.'i.a~.... ... ...-.-.- .........-..,-_...... :lnlefgoyernmentallevenues :lnVestmenf'lnc-ome'.... ........... . :~,ij-$c-eii'ar;eoiis . :La'nd -ii"ei"d.iOi..s'aie..... ...!tians.;eii........ ... ~ .::"f~~:a.U~!~6~:~:~:f.~~~:~~~!:::...: ...~. .........4 ..!...........~':~:~......... 12.470,507 -;-- ::T'" .. .:::~::r:::.:.::.~~:~~~~~I:::-:-:~=:r~ FY 2006 . ....:~~~~:w~t::::~~~?~:I==:..- 478,4241 9,74%1 ....._M...~.~.5.~.~L......H~~~~~.~.i_...._ 6,791~ 1.05%: ..... ...-~.,.2)O'5~.H....:2f75%:....._.... 638,470, 10.47%: ~,~~.~;.!~_?L.~.....~.... ~.?~~~~~I~.~i~.~~.~...~!..\.~~~~...; p~ti.,c._~~ili~.(f!!!-=~!.!.~.fHC?~l~CA_. I Revenue S J8 145 j S ~1:~7~~~;~:.--:1::::::~:i.~:iL::~ . ................\ $ 6,098,277: S ....-1 $ (5,7t3, 132)] S .:.=:::::::::-:-:::L___________L________i_ ~H~~.~.~..~~_'?~!.~.~.~.~~..ty.~.~~~_~.:~.~~?~!.~.~.~M~.~_~~.~..!!':!.!!.~.Q.!M~~.~!.'!_~_.~:~.~.~I.._ ---.----..---.---------.----General Fund -------------.---....-----.------ .... ....'..~.~.~.~.~..~.~:~~~~~~~.~...=~.'~.~.~...~~y.~~~~~~!~.~~~Ifu~~~~~.y.}.~~~~~.=..~.~~~~.~ ,..---.....--,.,.---.-...-...-..-.,-.... ..............._..._._.........._M"_.._._.M:~ .:::::~~,_M.~.~~~~l=::. -....~::~~p.:~.~p.~~~~~:~~ FY 200& FY 2007 1$ 734 000 =l::~..~=--=.::~:~:~:::~~::~~::=:=_~~::~~l:::=::~:~~::==:: ..~.~~~~.t.m'~.~c~r~..p;';;~nei)"t....__.M..... I Rr.oenU8 ~ S ..i!~~;:~:~~{fgr.:..:...~~:~_~.~~t:~..~... ==:::~~~~;~= ::::I=::wf~~!~:~~~~~~:~j~~:~::=~==:~::==~J 11 000 $ 11000 1,204,140 t,242,537 ....49ifsoo ....-. 4S(4"n .-------0 ..---.-0 i'--' "'~~'------'O --" '--'---"'-'-6 ""t $ 1 695 038 $ 1697009 1._=:==~=_...._..._..._==I.$___._.._.._'_~:~:::J~__...._m',:6~;~~-.:=;.'-_~Z~=______1___..________ -----:~~:J----OOO%j--------- ..-..~.-.... .3(39.t;_....M-.f19%r.~-..-........_...,..__..- ....~.:..~::~~j::::~:~~~~~:~.r..._.. 7 General Fund . ...R~ven~es~~pe~:ajiur~jbyFunc.li~n ... ... Pa~ks and R~cfealion: {~~;~E:f~:&~~::~f:::::~:':._,. ..h.._...........: S ~.t---P-ersoMeTEll~p;ndi;:;~e$ , ~.P._~~~r.~:~:.~:~P~.~~(u.~~~ ... . ......_...;... ! Capilal Expeooolures I P' f""'Oetit"S'e~ce-" --. i ::::::1:::::~!~~~::~~~~~~U!~,:~::~ .. i ,Total "pooo,,,,,, ...... :.:::: I $ .... ..-...............N~~.~~~.~..~I~~H~!.. ! $ J .......m...m...L. ..... ...~~.dg:~r. . Fy"2006 ......hp;:op.o.~d . FY 2001 Increasel .. ':%'i'~c;e'a'seT" Decrea~Dcrl!a5oe ml"~ hM. . m"_"~"-"-~:~~'~~:g!C:::: ::-1 .....j)_!C?P.~~d "-T;;c,"e'i$;, ;.~~~;::~n, (S...bl _. . _. . _ FY 2006 : FY 200T.~.:;.'" :::::rt~l~ f!ewnue __ _ _ _ _ _ _' S .00,719 I $ 4-49,298 -t-fersoMeI E)(pendlures A._~1,969~ 226,499 _ Op.,.o"o E,p,OO'",.. F::::::::=:.:=~;r.ogj=:=.........~':'~~~'. : $ 587,238 r S 311,592: ....y. .........~.~~..~~.~~.~.~.~~_~.~!. ....: S 1156.519)! $ 137,706 ~ i ...r.. mmmmmm ........-. ......... ._..L...._ e'cr'ease"i:ji loss" General Fund Revenues & expenditures by Functlon .... h~p~~~:: .... .... "i"nCi';'asei' ':'/.lncfusel: FY 2007 ; D~~i-~"'se 'l" oc'~~ase"T.. . . $ . j --.-..--....-..O:..--.-----..-..T 52.765 53 485 -'''1:'36% ' I 11,173 . 5.01'" , =~!i~cr:::~~~~~~ BUdget FY 2006 m'l'" .. ... .-,-.-.. --P...- Bu'dget" ....::...'.'l.:..:..:...~i~7~~.::~~..+ i'n-c'rease"" "W~incr'e'asef I!!!~=~~~:>~~;~f{t;;~ 8 lInpact of New Positions Nu~ber of! .~ "'p'oSi'U-o-ns"'TD~'scr'iptj"o'n'" 1 ! Fire Inspector ~- ~.2- -- ~~.T~'.~_:!.!.~.~._~~~~~.nit 1 : Plant Trainee .1......-. Tpermit"c'oo;d'inator -.-----r--.---- 2 i Police Officers __.L L.. I Total JDepartmentl ....EX.p.~.n;;-.. ropo~_",_._2.?3.9._i-,_:!.6,682,~ 7, ropoaled: 2240 , 55,358.16 ~~~ij:~*!r=r{!.~~t~ ____1-___L____ Ilnnual Required Contribution Stated In Dollars S1,000,000 tit $800,000 " S600,OOO 0: $400,000 o $200,000 SO Ascal Vear 2001 Fiscal Year 2002 Ascal Year 2003 Rscal Vear 2004 Asca' Yelllr Ascal Year 2005 Fiscal Vear 2006 Fiscal Year 2007 Annual Requlrod Contribution Stated as Percentage of Pa}1'"oll o i- 50.00% a. 40.00% Ci 30.00% k 20.00% ti 10.00% ~ 0,00% Q. Fiscal Year Ascal Year Fiscal Year Fiscal Year Fl&cal Yur Fiscal Yur Ascal Year 2001 2002 2003 2004 2005 2006 2007 m General % o Police % .Flre%. Ascal Year 9 Major Increase , . . - or'" 0 ..,,,_.._._u_. -,_ ,_~.~... _. ..~___.. -'-"-1'---- ."'^...-_...._.__._.____.~..__ ~"_~__"_N_'''''';'_.__.._.__,.__~.__ ~.~~~.r!~~...._...._.___._.__lge~~~~.'.!PIO~~~~-~~F.~-~~~!:~~.J----- 5. 60_0(~ IPollce Officers i 5.000/. --------------j- -~-- ---..-.----____..__...........__L._________.____..L__.___.. I_~.s_':l!~.~~~_.___._ .... ........ ~_~_~~t_h..~:':.r.a..~~.!i~~!:'__?.~__ .._..__.L_.!.~:_s.Q!.o ._______ Property and Casualty ___L_~5% --- 10 ......... g~. p',~.~_I,___~.?< P~.ry.~...f>>..d~~.~.~!Y.._~.!,~... ; T 9_!_~~m~.~_~~.~..~.__.~..e\.en ue iFema Re\enue : T ota'" 'R'e'~~ n'~'~'" . ...,,,.............. $ .............-..t $'" $ 1.772.771, 24'0)46; 2,019,817 5yr '';ase Vehicles $223,000 . $ 'm(52.~9'39!j Shuffleboa'rdclubhouse" ... "$' (120,000); .h.uffleboard "~o'urt~_'wi"t"h"_-ii-~ih(s .- "j"'$' ....-(2.1"7.:.066).; (Raquet...bal'I...cou.rts..........._... .....- $ (96000)' [.~~~)~~~:...~~..:.~~~.~.~.=.~~:__~_~__. . - ._,~.... H^_., .. '" ~. Ai" -- :-~~~'~~~~~~~;'i t.~~~~.!.~_9.D.~.~...~.0.Q!~~~~~.~Q .... ... .... ... 'n__'~",,,,_, .............1.-$- ..u.. "(30~o66)1 l.~.~~~<?~.~.~._!?..~~l~P..~.~_~~,.J=.~,~_~!::~9.~~~....'2~~~~_~..~m_m~__~...~..._,.~~._~~j~~.Q.!..3...~.~ij ,Road Resuriacing est, 14.000 If , $ (250.000); " !~.!~~..:::'.~~-~.':pa,iL~==:=.::-=.=.=:.::-..::-=:~-:-~==::::-1:t.::::==.::::E~~C!C!)} j2 police officers with equip I $ (109,829)1 ~ili~~~~~ff!~~0~tl~~il ~ii~;~:~:,~~~~~;=~:~.~-~:::.=~~:~-:.~f~t.=~0:~~ii1ii11 :t~~.':.=.:::.::..m ...... .... .... '. .....-........l $ (1,658,627) ; tEX-cess-R;.v-;;:.~~~-~--~., .~._"' ;_ ......~....__........._m $ 361,190 i Economic Development (Parktowne) · Short Term - Contractual obligation to build Base Leg Dr. and Driveway A. Estimated cost $3,000,000. · Long Term - Continuance of Parktowne Blvd. Estimated cost $6,339,000. 11 Economic Development Continued . Short Term Plan - 15 year finance. Estimated annual debt service payment $350,489. . Long Term Plan - RFP for half of the remaining acreage where as the City will convey ownership to the successful applicant in exchange for infrastructure development. The remaining acreage owned by the City shall be sold. Parktowne Conceptual Development Plan 12 , , 'Ad-valorem Tax Revenue at Millage Rollback Rates. i~:_~.:;~-~~:o~~-~_]~~.~:~_::_'_-~-_:I:~~iI ~a:c_~=F.~=~-'=':~.~:_'..J : Millage Rate! Roll Back t Rate ! Difference; :~==:=_?:~_?===l==.==Q:.:?E::=f.::==i3'::2:@.(J.:::I~c:::-?~~.,.1.?Tj i 6.45 ; 0.50 ! 5.9500 ,$ 522,253 i ,:=-~=~~Is.::::::::::[:=:()=!~:-:.r:::~~~!~():~::I.J:.'::?~~;~i~1 : 6.45 i 1.00 ; 5.4500 $ 1,044,505 i L:::::Ji;~I=:~:~:L:::=:~u.iL:]:::=~::Sii?Q::t!:i~~~;5~I] 13