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07-15-2015 - Budget Workshop City of Edgewater 104 N. terL Drive Edgewater, ,FFL 32132 -,DGEWATER Meeting Minutes City Council Michael Ignasiak,Mayor Christine Power,District 1 Gigi Bennington,District 2 Dan Blazi,District 3 Gary T. Conroy,District 4 Wednesday,July 15,2015 2:00 PM Council Chambers Budget Workshop 1. CALL TO ORDER Mayor Ignasiak called the meeting to order at 2:03 pm. 2. ROLLCALL Present: 4- Councilman Gary Conroy,Councilman Dan Blazi,Councilwoman Christine Power,and Mayor Mike Ignasiak Excused: 1- Councilwoman Gigi Bennington Also Present: 7 -City Manager Tracey Barlow, City Clerk Bonnie Brown,Finance Director John McKinney,Human Resources Director Donna Looney,Environmental Services Director Brenda Dewees, Engineer Randy Coslow, Leisure Services Director Jack Corder, Development Services Director Darren Lear,Police Chief Dave Arcieri,Police Captain Joe Mahoney,Fire Rescue Chief Steve Cousins, and Fire Rescue Captain Jeff Lariscy. 3. PRESENTATIONS City Manager Barlow made a staff presentation, stating the purpose of the budget workshop was to put together the budget for fiscal year (FY) 2015- 2016 He reported that the workshop would consist of three (3) parts: Part 1 a presentation from Rob Gardner on cost allocations; Part 2 a presentation on the rate study; Part 3 would be a budget presentation by Finance Director McKinney, with a question and answer review with staff and that at the end of the workshop he would look to the Council to determine if they want to conduct, or cancel, the budget workshop scheduled for August 17, 2015. Finance Director McKinney provided an overview of the City's development of the "Cost Allocation" methodology, and introduced Rob Garner,from Public Resources Management Group, Inc. (PRMG). Mr. Garner, Council and staff discussed.- revenue streams; aligning overhead costs to the function that internally uses those resources; allocating operational costs to the correct area; the cost allocation methodology being used by almost all governmental entities, and a comparison to the previous method used to develop rates for the City's utility systems; evaluating internal services costs; and the enterprise fund, and evaluating rate revenue sufficiency. City of Edgewater Page I Printed on 411412016 City Council Meeting Minutes July 15,2015 Mr. Henry Thomas from PRMG discussed areas considered in preparation of the the cost allocation study, such as: customer growth and maintaining flexibility; operating expenses; capital improvements and funding; and the affect on rates to maintain compliance with regulatory requirements. Mr. Thomas, Council and staff discussed the drivers effecting the sufficiency of rate revenues, by individual utility system, for: Water, Wastewater, Reclaimed Water, Stormwater, and Refuse Systems; the long-term sustainability of utility systems and rates; maintaining rates at a level to allow for future capital improvements; and maintaining compliance with regulatory requirements. During his presentation they reviewed and discussed projected utility revenue requirements; the results of each of the City's utilities five (S) year financial forecast; and a comparison of Edgewater's utility systems rates with other cities. During the Refuse system presentation, City Manager Barlow asked for Council consensus for staff to go out, after the budget process, going into the following year, and submit a "request for qualifications (RFQ) for a consultant to do a refuse rate efficiency study. The Council and staff discussed Edgewater's excellent level of refuse service; resident's needs and desires; current refuse rates; the difference between a cost analysis, and a customer oriented rate study; and a study needing to focus on maintaining a high level of service for Edgewater residents. After discussion, the Council concurred for staff to submit a RFQ for a consultant to conduct a refuse efficiency study. At the conclusion of the presentation, Council and staff discussed: the existing rates for all systems being insufficient to cover projected revenue requirements, and recommending a five (S) year rate increase plan for all utility systems; proposed rate adjustments to be applied uniformly to all user rates, by system; the financial risk of not adjusting rates; and user rates possibly having to be even higher in the future if rate increases are not considered now. Mayor Ignasiak called a meeting recess at 3:10 p.in. 3. PRESENTATIONS (Cont') Mayor Ignasiak called the meeting to order at 3:18 p.m. City Manager Barlow stated: Finance Director McKinney would provide a comprehensive and more detailed, but broad budget overview, walking through some of the major budget highlights, however, not going line item by line item as was done in the past; that staff directors were here to answer any specific questions about the budget, or a particular department's budget request that Council may have; that this year's budget theme is "Be Patient, and Stay the Course"; discussed prior and current budgets, and staying the course; keeping the millage rate at 6.7 mils, not the roll-back rate, which would technically be a tax rate increase; the positive effects of the increases in annexations, and new construction; keeping a balance; a projected drop in residential construction; and stated that although there are some economic improvement indicators, he recommends not getting ahead of ourselves as it relates to developing the budget. City of Edgewater Page 2 Printed on 411412016 City Council Meeting Minutes July 15,2015 Mr. McKinney made a presentation, providing an overall review of the FY 2015- 2016 budget, stating the proposed budget presented to Council is a little over$44 million dollars. During his presentation, Council and staff discussed. the overall City wide total budget of $44,424,971; Capital Outlay budget of $1,063,891; Capital Improvement plan of $6,947,756, salaries & benefits, which includes a proposed 3% raise for all employees, funding the 2nd year of the City's 3 year step plan for directors and deputy directors, a 6.5% increase in the City's fully insured health Insurance benefits, an analysis of the 3% raise and health insurance costs; and the effects of the affordable care act on health care plans and rates. Also discussed: City wide debt of $23,017,790, and a comparison of the 2004 City wide debt of $47,930,487; the general fund proposed budget is based on a millage rate of $6.70 per $1,0000J taxable value; water and sewer rates and the annual review process; monthly rates for refuse of $24.61, and storm water of $9.00, neither of which have had a rate change since 2009, and both just had their first rate study conducted since 2002; a comparison of the 2004 budget to the current budget, and the effect of increased costs of benefit changes on the budget; and employee count and budget. Mr. McKinney stated that the overall driving goal of the budget workshop is to discuss what the City's maximum millage will be set at to be in compliance with the TRIM notice (Truth in Millage), in accordance with Florida Statute 200.065; staff being able to declare the budget to be "balanced" at 6.70 mils; and that staffs recommendation for Monday, July 20, 2015 Council meeting is for Council to set the millage rate at 6.70 mils. The Council and staff discussed the various budget items under the general fund budget categories of. Mayor & Council; General Administration; Community Public Safety; Public Works; Leisure and Recreation; the general fund revenues, an analysis of the general fund; not having to heavily rely on the fund balance; roll-back versus final millage; tax roll net change; Edgewater's taxable value; 2015 taxable value by property class, and property tax exemptions; median sale prices of around $125,000; 6.70 mil rate and the effect on Edgewater's taxes; 2015 Property Tax; an average 2016 total tax bill, including other taxes, and the school board taxes of $2,025.35, which is an average increase of $88.19 over last year, of which only $23.85 of the increase goes to Edgewater (less than $2.00 per month); a review of historical property taxes, and of the use of fund balance; and general fund key revenue drivers. Also discussed: the general fund expenditures, and expense drivers, such as: number of personnel in the police department, meeting residents needs, filling one (1) vacancy in the police department, and possible mid-year additions to the police department being at the top of the list; special revenue funds; capital outlay projects; total debt service; the general fund reserve being in compliance with the City Charter; and the designated general fund reserve. The Council and staff discussed. sources of special revenue funds; using a portion of the Fire Impact Fee revenue to purchase a confined space communication system; the projected total available first year allocation from Edgewater's Community Redevelopment Agency (CRA) of a little under $12,500; the Series 2005Animal Shelter (205), General Obligation Debt, with a debt service required millage rate of $0.0486 to cover the total debt service of $32,112; for discussion going City of Edgewater Page 3 Printed on 411412016 City Council Meeting Minutes July 15,2015 forward, staff is recommending a voter approved, general obligation Series 2016 Parks (205) debt for parks improvements; staff not having the opportunity to determine the total amount required for parks enhancements and improvements yet; the amount required needing to be determined within the next couple of months to be able to have the issue go before the voters by March 15, 2016, which means the language for the ballot needs to be to the Volusia County Supervisor of Elections by mid-December; and staff having the parks enhancements topic ready to be presented to Council by August. Also discussed.- the general construction fund revenue sources, and expenditures; enterprise fund revenue sources; drivers that effect the enterprise fund,- impact fees; fund 444 renewal and replacement fund,- water and sewer rate stabilization, and prior year carry forward,- revenues for fund 447, which shows a reduction from prior years; operating expenditures; storm water having roughly a $166,000 increase in charges for service, and reduction in prior year revenues; a total storm water debt service of $756,000; storm water capital is supported by rates, with a transfer from storm water operating; Park Avenue improvements, and possible grant funds to help offset some of the costs; the public works complex is on the horizon for year 2020, and planning ahead; internal services, and segregating costs out into each area for ease of discussion, and visibility; factors outside your control, fully Insured health Insurance accounting for almost half of the internal services budget, and costs containment; being compliant with the City's purchasing policy, and the 501 IT budget, and upgrading the City's camera system; fund 502 annual fuel upgrade; and various insurance costs increases and decreases. In conclusion, Mr. McKinney stated that: the proposed budget is based on a general fund of $6.70 millage, operating on a taxable value of $699,244,442; although the 6.7 mils is the same millage rate as last year, it is a slight increase due to increased property value; the proposed budget will allow the City to fund upcoming, and much needed projects, some of which have been put off for years; the City will be required to have a $0.0486 Millage on voter debt service, which is a voter approved General Obligation debt; the total City wide budget is $44,424,971; and that the proposed budget is a balanced, City wide budget, with a total debt service of$23,017,790. Mr. McKinney also stated that the overall goal of the budget workshop is to consider the following staff recommendations of setting a maximum millage rate (TRIM) of $6.70; and the implementation of PRMG's recommended five (5) year rate increase. He discussed upcoming scheduled budget workshops and public hearing dates of. the Budget Workshop on August 17th 4 p.m.; the first Public Hearing on September 14th at 6 p.m.; and the second Public Hearing on September 28th at 6 p.m.. Council and staff discussed: the proposed millage rate, and the overall tax rate increase of $93.95 a year, or $ 7.83 a month, to the average tax payer; including additional fees and services; not reviewing some rates and fees for the last 14 years, and establishing a set length of time to review all of the City's rates and fees across the board,- past rate study reviews of the City's various service rates; costs to conduct "out of house" rate studies and the benefit to the City; efficiency studies, and the City doing a "smoothing effect" rate increase implementation; how a rate of $6.65 mils would effect the budget; the carry over of $250,000 being a revenue to adjust the budget; the reserve fund,- the City's taxable value according to the Volusia County Property Appraiser; and staff having a plan to be ready to discuss where services would need to be cut if a lower than $6.70 millage rate was implemented. City of Edgewater Page 4 Printed on 411412016 City Council Meeting Minutes July 15,2015 4. ADJOURN There being no further business to discuss, Mayor Ignasiak adjourned the meeting at 4:56 p.m. After discussion, the Council concurred to cancel the August 17, 2015 budget workshop. Minutes submitted by: Mitch Honaker Deputy City Clerk City of Edgewater Page 5 Printed on 411412016