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08-20-2012 - Budget Workshop CITY COUNCIL OF EDGEWATER WORKSHOP MEETING AUGUST 20, 2012 6:00 P.M. COUNCIL CHAMBERS MINUTES 1. CALL TO ORDER, ROLL CALL Mayor Thomas called the Workshop to order at 5: 00 p.m. in the Council Chambers . Present Mayor Michael Thomas Councilman Justin Kennedy Councilman Michael Ignasiak Councilman Gene Emter City Manager Tracey Barlow City Clerk Bonnie Wenzel City Attorney Aaron Wolfe Excused Councilwoman Gigi Bennington 2. DISCUSSION OF FY 2012/2013 BUDGET Powerpoint Presentation City Manager Barlow made a staff presentation and turned the Workshop over to Finance Director John McKinney. Finance Director McKinney went through the attached Powerpoint presentation by describing the General Fund Reserves, 2012 Property Tax on a Residential Home in Edgewater, Tax Analysis, General Fund Revenue Breakdown FY2013, General Fund Expenditures Breakdown FY2013, Changes in Revenue FY2013, and Changes in Expenditures FY2013. Mr. McKinney answered questions presented by Councilman Emter. There was further discussion and concern expressed regarding the increase in the pension costs over the next few years . City Manager Barlow further commented on the General Employees Pension being a closed plan, there being no new employees paying into it, there still being 17 employees in the plan, and that long term it will correct itself. New employees have a defined contribution plan as opposed to a defined benefit plan. City Manager Barlow spoke of the General Employees Pension Board going through a transition of changing money managers and investors . Mayor 1 Council Workshop August 20, 2012 Thomas commented on seeing the problem a long time ago and identified they have not ignored it. City Manager Barlow spoke of every community struggling with this because of the market. Mr. McKinney continued his presentation by describing the Special Revenue Funds Revenue Breakdown FY2013, Special Revenue Funds Expenditure Breakdown FY2013, Capital Projects Fund Revenue Breakdown FY2013, and Capital Projects Fund Expenditure Breakdown FY2013. Councilman Ignasiak commented on the focus being put on the parks and the visual improvements . Mr. McKinney continued his presentation by describing Enterprise Funds Revenue Breakdown FY2013, Enterprise Funds Expenditure Breakdown FY2013, and Internal Service Funds Expenditure Breakdown FY2013 . Mr. McKinney and Personnel Director Donna Looney answered questions presented by Councilman Ignasiak with regard to new federal requirements, if they would have any affect or if the City had already planned for that with regard to healthcare. Mr. McKinney continued his presentation by describing the Citywide Capital Outlay and answered questions presented by Councilman Ignasiak and Councilman Emter regarding some of the vehicles . Mr. McKinney then commented on the Citywide CIP with regard to Street Resurfacing and General Construction Projects and with the assistance of Environmental Services Director Dewees answered questions presented by Councilman Emter with regard to Sidewalk Infill . Mr. McKinney and City Manager Barlow commented on the Water & Sewer Renewal & Replacement. Mr. McKinney then commented on the Stormwater Capital, Future Land Acquisition, Citywide Debt with regard to Voter Referendum Animal Shelter FY2013, Citywide Debt Reduction, and Issuance of Debt for FY2013 . City Manager Barlow informed Council they would have the final budget hearings which would establish the final millage rate at 6. 50 on September 10th and September 24th. Councilman Emter commended staff for the process they had been through in order to generate the budget. He was impressed. Councilman Ignasiak commented on tightening their belts for a long time and still finding room in the budget to do improvements . He felt staff did a good job. Councilman Emter asked where the tax rate put Edgewater in comparison to some of our neighbors . They were right in the middle of everyone right now. 2 Council Workshop August 20, 2012 Councilman Kennedy commented on changes made to Economic Development, which would increase the City' s investment. He commented on looking to the Chamber in the past at a cost of $10, 500 per year to carry the economic development task for the City. He asked at what point do they pull back on that. He questioned what the expectations were of now having an in-house economic development department. He felt they needed to measure what they get back out of the $10, 500 . Councilman Ignasiak spoke of supporting the Chamber because it combines all of the business interests on the lower levels in Volusia of Edgewater and New Smyrna. He felt they should continue to support the Chamber. Councilman Kennedy explained if the City wasn' t giving them the $10, 500 they would still accept a membership from a business in Edgewater. He felt the Chamber should be self-sustaining and that at some point they should start talking about weaning them off of it. He questioned what the Economic Development/Special Events Coordinator could do with the $10, 500 for Edgewater businesses . Councilman Ignasiak agreed but felt it was something they needed to look at but the timing wasn' t right. He felt they would send the wrong message out to the businesses in the community. Councilman Emter commented on supporting the Chamber of Commerce. He wanted to have a concept of what return there is for the $10, 500. He suggested City Manager Barlow develop a process whereby there is some communication to answer that question. Mayor Thomas informed Mr. McKinney he did an excellent job. He asked how much the City was still in debt. Mr. McKinney informed him they had $1 . 9 million in the General Fund and $20 million in the Water & Sewer Fund. He estimated the total debt to be $21, 950, 000 . City Manager Barlow commented on Team Volusia with regard to putting $10, 000 in economic development and identified he would not release that money until it came back to Council for authorization. They have secured the money if they want to join later but if not, they reallocate that at mid-year. 3. ADJOURNMENT There being no further business to discuss, the Workshop adjourned at 5: 55 p.m. 3 Council Workshop August 20, 2012 Minutes submitted by: Lisa Bloomer, CMC Attest: APPROVED: City of Edgewater, Florida Bonnie Wenzel, City Clerk Michael L. Thomas, Mayor 4 Council Workshop August 20, 2012 Proposed Budget Workshop August 20, 2012 General Fund Fund Reserves General Fund Reserves -Charter 16.38% $2,000,000 (Goal is 17 %) General Fund Unassigned / Designated -Designated City Hall •$400,000 2012 Property Tax on a Residential Home in Edgewater W�Ilvv. vW-u City of Edgewater (1) 2012 TAX BILL Other SE Volusia Hospital District $ 77.12 10.0% $780.04 Taxes St. Johns River Water Management District 0.79 .10% 2007 - $1,084.78 $85.87 Florida Inland Navigation District 0.82 .11% Difference 11% East Volusia Mosquito Control 4.94 .63% ($304.74) Port Authority 2.21 .28% This graphic displays what a homeowner pays in ad valorem taxes on a homesteaded property in the City of Edgewater with an assessed value of $63,992 less a $50,000 Homestead Exemption. Taxable Value of $25,000 (1) Operating Millage of $6.50 and $0.06120 for Voted Debt Service Millage 16,000,000 14,000,000 12,000,000 10,000,000 8,000,000 6,000,000 4,000,000 2,000,000 City of Edgewater W Ad Valorem ®General Fund Budget Tax Analysis 2013 - 6.50 2012 - 6.47 2011- 6.59 2010 - 6.36 2009 - 5.90 2008 - 5.20 2007 - 5.70 2006 - 6.45 2005 - 6.45 2004 - 6.95 2003 - 6.95 4 General Fund Revenue Breakdown FY2013 Prior Year Appropriations 12% st Allocation 7% Debt Proceeds 2% Licenses & Permits 1% Miscellaneous 1% Fines & Forfeitures 1% Intergovernmental) %--�- °- Charges for Service 2% Taxes 30% Sales and Use 43% General Fund Expenditures Breakdown FY2013 Non - Departmental City Council City Clerk 15% 1% ° Community Development Finance 4% 5% Personnel �2% City Manager Beautification 2% 2% Leisure Services 10% Streets 3% Animal Control 1% Fire / Code 25% -- _Economic City Attorney Development 1% 1% Changes in Revenue FY2013 • State Share increased $ 10,252 • County EMS decreased $ 160,000 • Ad Valorem increased $78,674 at $6.50 • FP&,L Fees /Tax decreased by $35,000 • Use of unassigned reserves - $ 1,472,129 ➢ F.I.N.D. - X347,129 ➢ Budget Stabilization - $850,000 ➢ US 1 Median Improvements - $ 175,000 ➢ Road Resurfacing $ 100,000 Changes in Expenditures FY2013 • Compensation - Step Plan plus 2% • Health insurance and other benefits 3.8% Increase • City Pension Contributions increased $825,544 • General - • Police - • Fire - $222,535 $490,967 $112,042 Special Revenue Fine & F $3 Special Revenue Funds Revenue Breakdown Donations FY2013 $5,000 Grants $5,000 Impact Fees $33,000 Prior Year Appropriations $599,250 Special Revenue Funds Expenditure Breakdown FY2013 Police $57,500 Leisure Services $130,000 Current Year Unreserved Scholarships $452,750 $5,000 Capital Projects Fund Capital Projects Fund Revenue Breakdown FY2013 General Fund Transfer $438,994 CDBG $74,939 Recreation Impact Fees $130,000 Capital Projects Fund Expenditure Breakdown FY2013 US 1 Median Enhancements $175,000 Citywide Sidewalk Infill $41,300 Hawks Park Walkway Lighting $20,000 Street Resurfacing $202,694 Hawks Park Improvements Hawks Park Restroom & $74,939 Concession $110,000 Rotary Park Redesign $20,000 Enterprise Funds Enterprise Funds Revenue Breakdown FY2013 Prior Year Appropriations $2,815,666 Transfer In $1,348,427 Charges for Service $12,233,420 Debt Proceeds $6,347,283 Enterprise Funds Expenditure Breakdown FY2013 Stormwater Capital $775,500 Stormwater $1,655,030 Refuse $3,012,390 Public Works Complex $958,853 Water & Sewer $8,207,400 '-.— W &S Rate Stabilization W &S R &R 562,789 $7,339,776 Water Development $433,200 Sewer Development $299,858 Internal Service Funds Internal Service Funds Expenditure Breakdown FY2013 Workers Compensation MIS $300,000 $381,198 Fleet $830,803 Employee Group Insurance Loss Fund $2,173,245 $382,506 Citywide Capital Outlay Citywide Capital Outlay DESCRIPTION Bushhog Mower (2) $ 6,400 112 Ton Pickup Truck $ 17,800 Police Interceptors (2) $ 63,961 CID Vehicle $ 23,476 Menard Park Pavilion Roof Replacement $ 7,000 John Deere Gator (3) $ 18,798 John Deere Mower 6ft Cut $ 23,000 Replacement Phone System $ 5,800 1/2 Ton Truck $ 17,800 3/4 Ton Truck (2) $ 41,324 General Fund $ 225,359 Citywide Capital Outlay DESCRIPTION Admin Building Underpinning $ 15,000 PLC 5 Elimination $ 15,000 Meters for Wells 10 -15 $ 9,000 Lift Station Replacement Pumps $ 40,000 Vac Truck Nozzle Replacement $ 4,000 Service Truck Crane $ 15,950 Fence for the front of the landfill $ 15,000 Rear Loader Refuse Truck $ 131,620 Equipment Trailer $ 21,060 4 x 4 Backhoe $ 88,770 Enterprise Funds $ 355,400 Laserfiche Server $ 24,000 Network Server (2) $ 9,000 Rotary 2 post heavy duty lift $ 16,403 Internal Service Funds $ 49,403 Citywide CIP Street Resurfacing *Sea Hawk Court -Finch Drive -Rhode Island St. -Riverside 442 to US 1 -Monroe Ave -Ocean Ave - RR to Flagler -Ocean Ave - West -Manholes, Valves & Contingency Total X31,192 $ 7,278 $23,538 X64,747 $24,558 $ 7,370 X35,008 9 003 $202,694 General Construction Projects -Road Resurfacing $202,694 -Hawks Park Restroom /Concession $110,000 -Hawks Park Improvements -Hawks Park Walkway Lighting -Sidewalk Infill -Rotary Park Redesign -US 1 Median Improvements Total $ 7 74,939 $201000 $1755000 $643,933 Water 8a Sewer R &R •WWTP Renewal 8v Replacement Project •WWTP Inspection Services •WTP Lime Silo Design •WTP Polymer Station Replacement •WTP Roof Replacement •WTP Paint Chemical Feed Room •WWC Lift Station 1 Rehab $6,347,283 $ 431,600 $ 20,000 $ 30,000 $ 000 25X0 $ 100, 000 $ 175,000 -Reclaimed Water Improvements $ 210,893 Total $7,339,776 Stor water Capital •G2 -07 Hart Ave $4001500 •G2 -03 Pearl St. Pipe Crossing $ 175,000 •E2 -02 19th St. Pipe Crossing $200,000 Total $775,500 Future Land Acquisition -Public Works -Site has not been selected -Money set aside for future purchase -Funded by -Refuse •Stormwater -City Hall -Site has not been selected -Money set aside for future purchase -Funded by General Fund $958,853 $400,000 Citywide Debt Voter Referendum Animal Shelter FY2013 • Voter Referendum - Required Millage $0.0612 • Debt Service of $34,419 Citywide Debt Reduction General Fund • 2005 - $%857,233 • 2006 - $8,883,985 • 2007 - $776187910 • 2008 - X6,070,152 • 2009 - $4,649,000 • 2010 - $3,141,380 • 2011 - $21563,625 • 2012 - $ 1,925,066 Enterprise Funds Reduction • $37,001,425 • $34,625,837 • $3,348,836 • $31,720,482 • $47170,430 • $2878417268 • $4,427,972 • $251958,775 • $4,303,645 • $23,796,360 • $3,670,035 • $21,837,783 • $2,536,332 • $ 19,122,471 • $3,353,871 Total Reduction $25,811,121 Issuance of Debt for PY2013 •General Fund - $187,361 - Financed New Vehicles • Water /Sewer - $6,347,283 - Renewal 8, Replacement WWTP