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HomeMy WebLinkAbout02-29-2016 BAC MinutesCITIZENS BUDGET REVIEW ADVISORY BOARD MINUTES 6:00 P.M. MONDAY— FEBRUARY 29, 2016 CITY HALL 1225 MAIN STREET Ed Herlihy called the Citizens Budget Advisory Committee to order at 6:00 pm. The Pledge of Allegiance was recited Roll Call Present Ed Herlihy — Chair Michael Frank Sergio Mota Tim Slaven Terry Taylor Harry Hall Also Present: Ken Killgore, Administrative Services Director Nancy Veldt, Recording Secretary Mari Ogimachi Excused Absence Dionna Farmer Mr. Frank made the motion to approve the January 11, 2016 minutes, Mr. Taylor seconded, all approved. Mr. Killgore presented the first quarter budget and went over the changes. Harry Hall questioned the personnel costs due to early retirements. Ed Herlihy made a motion to approve Council Resolution 16-5 as the First Quarter 2016 Budget Amendment. Tim Slaven seconded, motion passed. Ed Herlihy went over his memorandum on Proposed Topics for Budget Meeting (see attached) Mr. Herlihy expressed concerns about roads and how much funding should be allocated to roads. He mentioned using the general fund reserves and/or a property tax increase. Mr. Taylor commented on caps on homestead and non -homestead property taxes. He questioned whether there is a long term plan for road repaving. Harry Hall recommended combining roads and drainage issues and looking at the historical impact of dipping into reserves. Michael Frank would not like to see us see dip into reserves without more information. Sergio Mota would not approve a tax increase. All agreed it was not a good idea to touch the general fund reserves if at all possible. Mr. Herlihy explained the resolution in support of the Discretionary Sales Tax. All were in favor of supporting the resolution. Mr. Herlihy will let city council know. Mr. Killgore explained a bill before the State Legislature regarding adjusting the cap on the millage rate. Next scheduled meeting is June 6, 2016. There may be a special meeting prior to that regarding the Capital Budget. Adjourned at 7:02 p.m. By;Z/ c �O Chairman Ed Herlihy Date Memorandum To: Joe Griffin, Ken Killgore Copy: From: Edward H. Herlihy Date: veno 16 Re: Proposed Topics for Budget Meeting Gentlemen: ' Here are some topics re the 2016 budget that the Budcom would have interest. 1. Proposed percentage salary increase for labor contracts 2. Proposed non-union wage increases. 3. Estimated benefit cost increases 4. Operating cost increase 5. Roads a. Five year projection for road repair b. Road repair cost for 2016 c. Long term costs for road maintenance d. How to fund road repair? 6. Drainage a. Five year projection for drainage b. Drainage cost for 2016 c. Discuss problems/cost of IR Drive, park and parking lot drainage 7. Canals 1 February 24. 2016 a. Any 2016 projected repair cost. b. Long term cost of canals c. How do we fund repairs over long term? 8. Parks & Recreation a. What new projects for 2016 b. Costs? 9. Other Projects for 2016? 10. Discussion of General Fund Reserve a. $ 5M. Is amount correct for Sebastian? b. Reserve pay back. Early Retirement, Airport c. Uses? Do we take some for roads? 11. The Future? i a. Property value increase estimate for 2016? b. Recession? IF? When? Effect? ' c. Tax increase? For roads? d. Discuss Sebastian very low property tax. Discuss possibility of Florida League of Cities property tax update and comparison. e. Police Pension funding. E Golf and Airport revenue and funding?