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08-04-2014 - Budget Workshop City of Edgewater 104 Riverside Drive � ~ Y g Edgewater, FL 32132 11)GEWATE$ Meeting Agenda City Council Michael Thomas, Mayor Christine Power, District 1 Gigi Bennington, District 2 Mike Ignasiak, District 3 Gene Emter, District 4 Monday,August 4,2014 2:00 PM Council Chambers Budget Workshop A Public Hearing will be held at 2:00 pm. on August 4, 2014 in Council Chambers to discuss the new utility rates and fees proposed to take effect on the October 2014 Utility bill Immediately following the public hearing City Council will hold a budget workshop. City of Edgewater Page 1 Printed on 81112014 y , UTILITIES city at PROPOSED RATES ILED GE inc. ATERR PUBLIC HEARING Edgewater August 4, 2014 Budget Workshop 2 p.m. August 4, 2014 •2 1 Water & Sewer Water & Sewer • Rate Increase • Expenditures Per Resolution No.2013-R-26 • r. Capital Outlay • Burton&Associates • Telemetry Computer&Software WTP $36,900 • Five Year Plan • Landscape&Irrigation of WWTP $5.000 • Effective 10/1/2014 • Telemetry Computer&Software WWTP $1 7,300 • Water 2.5% • Telemetry Lift Station#1 $8,500 Sewer 6.5% • Telemetry Lift Station#2 $12,538 r Combined 5.0%Based on Current Tiers r, Total Debt Service- $22,918,283 • Wells Fargo Series 2009 • BB&T Series 2012 • SRF WWTP 2012 • SunTrust JCI 2013 • BB&T Capital Improvement Note 2014 • Future Debt Issuance for Public Works Complex • •3 • S Water & Sewer R&R Refuse • Renewal & Replacement (444) Revenues (447) Acquisition of UCNSB Infrastructure $ 80,G00 • Tatum Blvd Water Line Extension 255,000 Lift Station Pumps 4(0000 2"Water Line Improvements 100,000 o Reclaimed Water Line Extensions 415,000 Slip Lining of Sewer Lines 100,000 10" St Water Line Replacement 25,000 Gas to Liquid Ammonia Conversion WTP 50,00' Filter Covering WTP 100,0: Bar Screen Refurbishment WWTP 85,0( • Total $1,250,00 • •6 3 II - - - Refuse Stormwater • Expenditures (447) ° n._!c (4481 Operating Expenditures - . • Salaries&Benefits $74,407 • Cost Allocation and PILOFF $38,050 + ' • Internal Service Charges $54,973 o Capital Outlay • None Currently Budgeted • Mid Year Priority Semi Tractor $145,000 Li Garbage Truck $87,990 Total Debt Service-$0.00 • Future Debt Issuance tor Public Works Complex •7 • 4 4 Stormwater Stormwater Capital • Expenditures (448) Capital Projects to Improve and Protect (449) Operating Expenditures si Juniper Dr Culvert Replacement $ 97,824 • Salaries&Benefits ($61,•158) 26'St.Culvert Replacement 105,086 • Cost Allocation and PILOFF $9,111 si Monson/Riverview Dr 428,800 • Internal Service Charges $6,047 Lamont&Hubbell St 275,000 • General Employee Pension Cost • Total $906,710 Capital Outlay • • Dump Truck $98,000 • '/Ton Truck $25,000 • • Mower Head for Menzi $18,000 • Low Boy Trailer $32,000 Total Debt Service-$440,000 • BB&T Capital Improvement Note 2014 • Future Debt Issuance for Public Works Complex • • •m 5 TRIM Notice Proposed Property Taxes TRIM Notice F.S. 200.065(2) General Fund Edgewater Operating $6.70 Edgewater GO $.053 • 6 General Fund 2015 Property Tay • Budget of $12,799,644 ' Voiotia Other Casty Taxes Increase of$117,929 since July 21,2014 $517.311 AI • Adjustment of Filled Positions naat taus • Adjustment of Fully Insured Group Insurance • Inclusion of City Manager Director/Deputy Director Salary Study Increase Future Year Savings of$110,570 o No Other Changes to GF Budget !!! iiTAL TAX BILL $1,950.45 2014-$1,865.89 Total Difference $84.56 Edgewater Difference$14.54 This graphic displays whet a homeowner pays in ad vdorem been one homesteaded property in the City of Edgewater with an assessed vdue of 5124,900 less a$50,000 Homestead Exemption. •14 •• • • TENTATIVE QUESTIONS BUDGET WORKSHOP AUGUST 18 ?? 5 PM 8