HomeMy WebLinkAbout09-30-2022 CC Minutes'Ina
HOME OF PELICAN ISLAND
SEBASTIAN CITY COUNCIL
RESCHEDULED FINAL BUDGET HEARING FOR FY22/23 &
COMMUNITY REDEVELOPMENT AGENCY BUDGET HEARING
MINUTES
FRIDAY, SEPTEMBER 30, 2022 — 5:00 P.M.
CITY COUNCIL CHAMBERS
1225 MAIN STREET, SEBASTIAN, FLORIDA
1. Mayor Hill called the rescheduled meeting to order at 5:00 p.m.
2. A moment of silence was held.
3. Council Member McPartlan led the Pledge of Allegiance.
4. ROLL CALL
Mayor Jim Hill
Vice Mayor Fred Jones
Council Member Ed Dodd
Council Member Bob McPartlan
Council Member Chris Nunn
Staff Present:
City Manager Paul Carlisle
City Attorney Manny Anon, Jr.
City Clerk Jeanette Williams
Administrative Services Director/CFO Ken Killgore
Community Development Manager Dom Bosworth
City Engineer/Public Works Director Karen Miller
Asst. Administrative Services Director Cindy Watson
Police Chief Dan Acosta
MOTION by Council Member Dodd and SECOND by Council Member McPartlan to
approve the condensed agenda provided by staff passed with a unanimousvoice vote. (5-0)
5. PUBLIC HEARING
A. Final Hearing on Millaee for Calendar Year 2022 and FY 2022/2023 Budget
The City Attorney cited F.S.200.065(2)(c) outlining the method of fixing
the millage and read the titles of Resolution Nos. R-22-25 and R-22-26
into the record. (See script attached)
Rescheduled Final Budget Hearing
& CRA Budget Hearing
September 30, 2022
Page 2
ii. The City Manager announced the millage tax rate of TWO POINT NINE
ZERO FIVE (2.9050) MILLS is 8.26% higher than the "Rolled -Back" tax
rate of 2.6834 and is being recommended as the final millage tax rate. He
said this and all other general fund estimated revenue sources are
anticipated to be sufficient to cover recommended operating expenditures
and maintain the amount of accumulated emergency reserves. He asked
Council to consider the resolutions separately.
iii. Mayor Hill opened the public hearing for both the final millage rate and
proposed budget however there was no public to speak.
iv. City Council Deliberation and Action:
a) Adom Resolution No. R-22-25 Millaee Rate for Calendar Year 2022
A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER
COUNTY, FLORIDA, ADOPTING A MILLAGE RATE OF 2.9050
MILLS FOR THE CALENDAR YEAR 2022 AND ALLOCATING
SAME TO THE FISCAL YEAR BEGINNING OCTOBER 1, 2022
AND ENDING SEPTEMBER 30, 2023; PROVIDING FOR
CONFLICTS; PROVIDING FOR SCRIVENER'S ERRORS; AND
PROVIDING FOR AN EFFECTIVE DATE.
MOTION by Council Member McPartlan and SECOND by Vice Mayor
Jones to approve Resolution No. R-22-25.
Roll call: Vice Mayor Jones - aye
Council Member Dodd - aye
Council Member McPartlan - aye
Council Member Nunn - aye
Mayor Hill - aye
Motion carried. 5-0
b) Adam Resolution No. R-22-26 Budget for Fiscal Year 2022/2023.
(Transmittal. R-22-26. PPT)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, ADOPTING
THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1,
2022 AND ENDING SEPTEMBER 30, 2023; MAKING
APPROPRIATIONS FOR THE PAYMENT OF OPERATING
EXPENSES, CAPITAL EXPENSES, AND FOR THE PRINCIPAL
AND INTEREST PAYMENTS ON THE INDEBTEDNESS OF THE
CITY IN THE CITY'S GENERAL FUND, SPECIAL REVENUE
FUNDS, CAPITAL IMPROVEMENT FUNDS, GOLF COURSE
FUND, AIRPORT FUND, AND BUILDING FUND AS PROVIDED
FOR IN SCHEDULE "A", ATTACHED HERETO, ESTABLISHING
Rescheduled Final Budget Hearing
& CRA Budget Hearing
September 30, 2022
Page 3
AUTHORITY OF THE CITY MANAGER TO IMPLEMENT THE
BUDGET; PROVIDING FOR SEVERABBdTY; PROVIDING FOR
CONFLICTS; PROVIDING FOR SCRIVENER'S ERRORS; AND
PROVIDING FOR AN EFFECTIVE DATE.
MOTION by Council Member Dodd and SECOND by Council Member Nunn to
approve Resolution No. R-22-26.
Roll call: Council Member Dodd - aye
Council Member McPartlan - aye
Council Member Nunn - aye
Mayor Hill - aye
Vice Mayor Jones - aye
Motion carried. 5-0
6. Mayor Hill recessed the City Council meeting and convened the Community
Redevelopment Agency.
A. Conduct Public Hearing on CRA Budget for FY2023 — CRA Resolution No. R-23-01
(Transmittal. R-23-01. Exhibit A)
A RESOLUTION OF THE CITY OF SEBASTIAN COMMUNITY
REDEVELOPMENT AGENCY (CRA) ADOPTING A BUDGET FOR THE FISCAL
YEAR BEGINNING OCTOBER 1, 2022 AND ENDING SEPTEMBER 30, 2023;
MAKING FINDINGS; AUTHORIZING AMENDMENTS AND TRANSFERS;
PROVIDING FOR CONFLICTS; PROVIDING FOR SCRIVENER'S ERRORS; AND
PROVIDING AN EFFECTIVE DATE.
The City Attorney read the title to CRA Resolution No. R-23-01. The City Manager
advised that the CRA budget was required to be considered separately from the City's
budget and asked for approval. There was no public input.
MOTION by Mr. Nunn and SECOND by Mr. McPartlan to approve CRA Resolution No.
R-23-01.
Roll call: Mr. McPartlan - aye
Mr. Nunn - aye
Chairman Hill - aye
Vice Chairman Jones - aye
Mr. Dodd - aye
Motion carried. 5-0
Chairman Hill adjourned the Community Redevelopment Agency and reconvened the
City Council meeting at 5:08 p.m. All members were present.
Rescheduled Final Budget Hearing
& CRA Budget Hearing
September 30, 2022
Page 4
A. Resolution No. R-22-27 AUDroving the Six -Year Capital Improvement Prom =
for the Fiscal Years 2023-2028 (Transmittal. R-22-27. Summarv)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEBASTIAN, INDIAN
RIVER COUNTY, FLORIDA, ADOPTING A SIX -YEAR CAPITAL IMPROVEMENT
PROGRAM FOR FISCAL YEARS ENDING 2023-2028; PROVIDING FOR REPEAL
OF RESOLUTIONS OR PARTS OF RESOLUTIONS IN CONFLICT HEREWITH;
PROVIDING FOR SEVERABILITY; PROVIDING FOR SCRIVENER'S ERRORS;
AND PROVIDING FOR AN EFFECTIVE DATE.
The City Attorney read the title to Resolution No. R-22-27. The City Manager asked for
approval of the six -year plan. There was no public input.
MOTION by Vice Mayor Jones and SECOND by Council Member McPartlan to approve
Resolution No. R-22-27.
Roll call: Council Member Nunn - aye
Mayor Hill - aye
Vice Mayor Jones - aye
Council Member Dodd - aye
Council Member McPartlan - aye
Motion carried. 5-0
B. Resolution No. R-22-28 Readontine the Financial Policies for Fiscal Year 2022-
2023 (Transmittal. R-22-28. Attachment A)
A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY,
FLORIDA, ADOPTING FINANCIAL POLICIES GOVERNING VARIOUS AREAS
OF BUDGET AND FINANCE AS PROVIDED FOR IN ATTACHMENT "A";
PROVIDING FOR CONFLICTS; PROVIDING FOR SCRIVENER'S ERRORS; AND
PROVIDING FOR AN EFFECTIVE DATE.
The City Attorney read the title to Resolution No. R-22-28. The City Manager advised
this policy governs how the City manages the budget and asked for approval.
MOTION by Council Member Dodd to approve Resolution No. R-22-28 who noted that
anyone who is interested in how the City operates and handles the City's money should
pull this document up on the City's website; SECOND by Council Member McPartlan.
There was no public input.
Roll call: Mayor Hill - aye
Vice Mayor Jones - aye
Council Member Dodd - aye
Council Member McPartlan - aye
Council MemberNurm -aye
Motion carried. 5-0
Rescheduled Final Budget Hearing
& CRA Budget Hearing
September 30, 2022
Page 5
Mayor Hill thanked everyone for taking care of the budget items that will begin the new fiscal
year on October 1" and asked Council to consider carrying forward the remainder of the
September 28a' agenda to October 5`s or the 12i'.
MOTION by Council Member Dodd and SECOND by Vice Mayor Jones to forward the
remaining agenda items to October 12" to include the public hearing on the Community
Development Block Grant.
There was no public input and the motion passed with a unanimous voice vote. (5-0)
Mayor Hill advised that he declared a local State of Emergency on September 26, 2022 for
Hurricane Ian which is set to expire on October 3rd. The City Manager advised that the County
does not plan to extend their emergency declaration past October 3w and suggested he wasn't
aware of any reason for the City to extend our declaration. He asked Council if they would like
to extend the City's declaration.
He said Hurricane Ian's impact to Sebastian did not qualify for FEMA reimbursement for debris
pickup which is an inconvenience for residents but not a detriment to life, health, safety or
property at this time.
Public Input
Detective Ken McDonough representing the police employees, said on Friday, September 23
there was to be a negotiation meeting with the City but it was cancelled the day before. He said
the employees are asking him where they stand since the budget was just finalized. Mayor Hill
advised him that Council would not engage in any negotiations from the dais and asked him to
contact the City Manager.
Detective McDonough advised a proposal was offered to the City before the meeting was
cancelled and he asked if that was presented to Council. Mayor Hill advised he would need to
ask the negotiation committee.
Council Member Dodd noted that during the budget discussions, Council was advised by the
CFO that there could budget exceptions after the negotiations were completed.
The City Manager thanked staff that worked hard during Hurricane Ian to keep the City
functioning.
Mayor Hill also thanked staff and expressed concern for those cities on the west coast that
received the impact and will spend months rebuilding their lives.
Vice Mayor Jones said he was out after the hurricane and the City's crews were doing a
wonderful job. He noted for the public's benefit that there wouldn't be a citywide FEMA debris
pickup. Only Waste Management subscribers would have their debris picked up on the normal
route otherwise residents should take their debris to the landfill.
Rescheduled Final Budget Hearing
& CRA Budget Hearing
September 30, 2022
Page 6
Council Member McPardan advised that if people have old couches and dressers they should call
Waste Management and ask for a bulk pickup. He said he received many compliments from
residents on how the City handled the hurricane. He asked that if people have a way to help
those on the west coast to do so because they would help us.
Council Member McPartlan also reported that former City Manager Joe Griffin had passed away
recently. He was a great leader for the City and a mentor for many.
Council Member Nunn also thanked every City employee he saw after the hurricane. He asked
that everyone be patient as things are taken care of and be safe.
6. Being no further business, Mayor Hill adjourned the meeting at 5:29 p.m.
Approved at the November 21, 2022 Regular City Council meeting.
Mayor Fred Jorum
ATTEST.
nnene IVilliuma, Ciry Clerk
CITY ATTORNEY'S SCRIPT FOR THE SEPTEMBER 30, 2022 2nd MILLAGE AND
BUDGET HEARINGS
Thank you Mr. Mayor, Vice Mayor & Council Members:
This is the second of two (2) Millage and Budget Hearings. Tonight you will be considering the
final millage rate and final budget. In addition we have Resolutions for approval of Financial
Policies and approval of the Capital Improvement Program.
This Hearing for the Adoption of the Final Millage and Budget is in accordance with IAW F.S.
200.065 — Method of Fixing Millage. In Subsection (2) (c) which reads in part:
"Prior to the conclusion of the hearing, the governing body of the taxing authority shall
amend the tentative budget as it sees fit, adopt the amended tentative budget, re -compute
its proposed millage rate and publicly announce the percent, if any, by which the re-
computed proposed millage rate exceeds the rolled back rate computed [previously and]
pursuant to Subsection (1). That percent shall be characterized as the percentage
increase in property taxes tentatively adopted by the governing body."
Further, Subsection (2) (d) reads in part:
"During the hearing, the governing body of the taxing authority shall amend the adopted
tentative budget as it sees fit, adopt a final budget, and adopt a resolution or ordinance
stating the millage rate to be levied.... The adoption of the budget and the millage-levy
resolution or ordinance shall be by separate votes... the name of the taxing authority, the
rolled -back rate, the percentage increase, and the millage rate to be levied shall be
publicly announced before the adoption of the millage-levy resolution or ordinance. In
no event may the millage rate adopted pursuant to this paragraph exceed the millage rate
tentatively adopted pursuant to paragraph (c) ".
Finally, Subsection (2) (e) (1) indicates that in these Hearings:
"The first substantive issue discussed shall be the percentage increase in millage over the
rolled -back rate necessary to fund the budget, if any, and the specific purposes for which
ad valorem tax revenues are being increased. During such discussion, the governing
body shall hear comments regarding the proposed increase and explain the reasons for
the proposed increase over the rolled -back rate. The general public shall be allowed to
speak and to ask questions prior to adoption of any measures by the governing body. The
governing body shall adopt its tentative or final millage rate prior to adopting its
tentative or final budget."
While I am reading them together, the law requires that you must consider the millage rate first
before the budget.
So tonight you will be considering the following Resolutions No R-22-25, R-22-26, R-22-27,
and R-22-28:
R-22-25 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER
COUNTY, FLORIDA, ADOPTING A MILLAGE OF 2.9050 MILLS FOR
THE CALENDAR YEAR 2022 AND ALLOCATING SAME TO THE
FISCAL YEAR BEGINNING OCTOBER 2, 2022 AND ENDING
SEPTEMBER 30, 2023; PROVIDING FOR CONFLICT, PROVIDING
FOR SCRIVENER'S ERRORS, AND PROVIDING FOR AN EFFECTIVE
DATE.
R-22-26 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA ADOPTING THE
BUDGET FOR THE FISCAL YEAR BEGINNING ON OCTOBER 1, 2022
AND ENDING SEPTEMBER 30, 2023; MAKING APPROPRIATIONS
FOR THE PAYMENT OF OPERATING EXPENSES, CAPITAL
EXPENSES, AND FOR THE PRINCIPAL AND INTEREST PAYMENTS
ON THE INDEBTEDNESS OF THE CITY IN THE CITY'S GENERAL
FUND, SPECIAL REVENUE FUNDS, CAPITAL IMPROVEMENT
FUNDS, GOLF COURSE FUND, AIRPORT FUND, AND BUILDING
FUND, AS PROVIDED FOR IN SCHEDULE "A ill ATTACHED
HERETO, ESTABLISHING AUTHORITY OF THE CITY MANAGER TO
IMPLEMENT THE BUDGET, PROVIDING FOR CONFLICT,
PROVIDING FOR SCRIVENER'S ERRORS, AND PROVIDING FOR AN
EFFECTIVE DATE.
R-22-2 7 A RESOL UTION OF THE CITY COUNCIL OF THE CITY OF
SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA ADOPTING A SIX
YEAR CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEARS
ENDING 2023-2028, PROVIDING FOR REPEAL OF RESOLUTIONS
OR PARTS OF RESOLUTIONS IN CONFLICT HEREWITH;
PROVIDING FOR SEVERABILITY, PROVIDING FOR SCRIVENER'S
ERRORS; AND PROVIDING FOR AN EFFECTIVE DATE.
R-22-28 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER
COUNTY, FLORIDA, ADOPTING FINANCIAL POLICIES GOVERNING
VARIOUS AREAS OF BUDGET AND FINANCE AS PROVIDING FOR
IN ATTACHMENT "A "; PROVIDING FOR CONFLICTS; PROVIDING
FOR SCRIVENER'S ERRORS, AND PROVIDING FOR AN EFFECTIVE
DATE.
Nothing further Mr. Mayor!
2023 Budget and Capital Program
Recommended 2023 Final Budget and
Capital Program
Wednesday, September 28, 2022
Prepared By:
Ken Killgore
Administrative Services Director/CFO
2023 Budget and Capital Program
o Summary of General Fund Budget.
o Enterprise and Other Funds.
o Capital Improvement Program
o Property Values and Millage
oOther Considerations.
2
Recommended FY2023 General Fund
Budget Versus Amended FY2022 Budget
$ 697,360 Personnel Costs
237,288 Operating Expenditures
45,861 Capital Spending
(392,708) Transfers to Other Funds
$ 587,801 Increase in Budget — 4.08%
3
Recommended FY2023 General Fund Budget
Personnel Up $697,360
o Health Insurance At a 5% Increase.
o Personnel Cost at Current Pay Rates.
(Includes Those Brought to Minimums)
o Adding Seven Full-time Positions.
o Adding One Part-time Position.
o Deleting One -Part-time Position
Zecommended FY2023 General Fund Budget
Personnel Additions/Deletions
o Seven Full-time Additions
Human Resources Assistant
Three Police Officers
• Construction Specialist
Planner and GIS Technician
o +One Part-time Mechanic
o -One Part-time City Clerk Clerical Asst.
5
,ecommended FY2023 General Fund Budget
Operating and Interfund Transfers
o Operating Up $237,288 Due To:
$107,272 in MIS for P/W Complex and Software
to Counter Cyber Threats.
$131,163 in P/W for Complex Electric and Rent.
o Capital Up$45,861 From Parks Equipment.
o $392,708 Decrease in Fund Transfers Due
to 2022 Transfers for Yacht Club Seawall.
Recommended FY2023 General Fund Budget
Revenue Assumptions
o Proposed Millage of 2.9050 is Necessary
to Balance Revenue to Expenditures.
Change Made for Minimum Pay Based on
Compensation Study and CFO Payouts.
Added Planner and GIS Technician.
Removed Assistant City Manager.
Added Franchise and Utility Tax Revenues.
Recommended FY2023 Enterprise Funds:
Golf Course Budget
o Revenues Have Been Good This Year and
Budget Assumes This Will Continue.
o Expenses Include $106,065 For City Services
and $106,135 for Airport Rent.
o $36,209 Payment on $700,000 Building Fund
Loan and $35,000 on General Fund Loans.
o Expecting Sixth Year on Golf Carts But Will Be
Ordered in 2023 for Delivery in 2024.
e
Recommended FY2023 Enterprise Funds:
Airport Budget
o Property Rental Revenue Covering Operating
Cost and Loan Payments to DST Fund.
o Loans From Discretionary Sales Tax Fund:
Hangar A $285,000 - $253,172 By 9/30/22.
Hangar B $267,511- $249,575 By 9/30/22.
o Grant Matching From DST Fund:
$579,273 in 2023 For Square Hangars and Half
of Rehabilitation of Runway 05-23.
$1,305,258 Over the Following Four Years For
Rest of Runway 05-23, Taxiway Alpha Apron,
Taxiway Golf, Shade Hangar and Runway 13-31.
Recommended FY2023 Enterprise Funds:
Building Fund Budget
o Permit Revenue Continues at High Levels.
o Covering Personnel and Operational Cost.
o Adding Plans Examiner and Permitting
Technician in Event They Can Be Hired.
o Expecting $36,209 Principal and Interest
Payment on Golf Course Loans:
$700,000 Loan Will Be $553,963 By 9/30/22.
$559,684 Loan To Be Paid After the $700,000.
10
Recommended FY2023 Budget
Special Revenue Funds
o American Rescue Plan Act Fund:
Promised Funding Totally Received.
Allocated to Gardenia Ditch, Schumann
Drive, Concha Dam, Employee Retention
Payments and Road Improvements.
Must Be Obligated by December 31, 2024
and Totally Spent by December 31. 2026.
Improvement Projects Need Plans and
Permitting Which Require Some Time.
11
Recommended FY2023 Budget
Special Revenue Funds
o Local Option Gas Tax:
Collections 3.03% Above Same Months of Last
Year. Projecting 3.5% Annual Increases.
Road Improvements Are Pending Update to
Road Assessment Study.
o Providing $250,000 Annually for Reconstruction.
o Providing $600,000 Annually for Repaving.
o Providing $75,000 Annually for Sidewalks.
Will Make Final Payment of $122,174 on Bank
Notes December 1, 2022.
12
Recommended FY2O23 Budget
Special Revenue Funds
o Discretionary Sales Tax:
Collections This Year Up 20.5%. Using 3.0%.
Funding for:
oMIS Infrastructure.
oPolice Vehicles and Equipment.
oRoads Division Heavy Equipment.
oEmergency Generator & New A/C Units
oStormwater Equipment/Infrastructure.
oMatching Funds for FAA and FDOT Grants.
13
Recommended FY2023 Budget
Special Revenue Funds:
o Riverfront CRA Fund:
Operating Expenditures:
oAudit Fees, Administration, Landscaping,
Waterfront Renovations, Other Facility
Maintenance, and Submerged Land Leases.
oTravel and Education Cost, Legal Ads, State
Fee, Association Dues and Landfill Fee.
Special Events
Kiosk Signs in 2023 and Riverfront Event
Space in 2025.
14
Recommended FY2023 Budget
Special Revenue Funds:
o Recreation Impact Fee Fund:
Unspecified Improvements ($5K per Zone).
Swing/Bench Park at Harbor Lights is
Scheduled for 22-23.
Future Playground/Park Improvements:
o23-24 Creative Playground.
o24-25 Bryant Court Park.
o25-26 Hardee Park and Schumann Park.
o26-27 Community Center and Friendship Park.
o27-28 Riverview Park.
15
Recommended FY2023 Budget
Special Revenue Funds:
o Stormwater Utility Fund:
Added P/T Inspector. Cut 2 Maint. Workers.
Capital Purchases and Projects:
o Replacing Crew Truck.
oAeration Fountain at Cownie Pond.
oStonecrop Drainage Phase II and Canal
Restoration with Grant and DST Fund Match.
oTulip Road Crossing, Bayfront Road Crossing
and Ocean Cove with DST Funding.
oGardenia Ditch, Schumann Drive and Concha
Dam with American Rescue Plan Funding.
16
Recommended FY2023 Budget
Special Revenue Funds:
o Law Enforcement Forfeiture Fund:
Used Only for Unbudgeted Items.
Specific Items Need City Council Approval.
Current Balance is $52,692.
o Parking In Lieu Of Fund:
Current Balance is $87,466.
Expecting $97,665 Year End 2022 Balance.
17
Recommended FY2023 Budget
Trust Fund
o Cemetery Trust Fund:
of Sales on Operations and Maintenance:
oAllocation for Grounds Improvements.
oReplacement of Chain Link Fencing.
oReplacement of Mower.
of Sales Expendable on Expansions or
Cost Incidental to Adding Future Sites:
oFunds Columbarium Niches in FY 24-25.
Looking at Market Rate Adjustment.
IR
Recommended FY2023 Budget
Debt Service
o Stormwater Bank Note Final Payment by
DST Fund Was Made in May 2022.
o Paving Improvement Note Final Payment
by Local Option Gas Tax Due 12/01/22.
o 60 Month Lease Purchase of Police
Camera System to Mature on May 2025.
o 60 Month Lease Purchase of Required
Police VxRail Security System Software to
Mature in March 2025.
19
Recommended FY2023 to FY2028
Capital Improvement Program
o $54.9 Million Over 6 Years.
o Largest Items for Next Fiscal Year:
• $1,460,586 Stonecrop Drainage.
• $11,500,000 Canal Restoration.
$1,000,000 Square Hangars.
$1,585,455 Runway 05-23 (1st of 2 Years).
o $14,265,631 of $20.2 Million (70.5%)
Next Year to be Funded by Grants.
PX,1
Different Millages & Affecting Factors
DR420
Rolled
Equal to
Same As
Last Year
Back
Expense
Last Year
Millage 3.0043
2.6834
0.00% $ 2.9050
6.26% 3.0043 11.96%
Tax Revenues $ 4,621,435
$ 4,680,267
$ 5,066,772
$ 5,239,967
Incremental Difference
$ 58,832
$ 386,505
$ 173,195
Added Revenues
$ 58,832
$ 445,337
$ 618,532
Factors Affectinq Added Revenues:
From Additions
$ 123,602
$ 133,810
$ 138,384
From Reassessments
474,077
513,227
5301770
From Millage Change
(488,543)
(151,177)
-
From DR422 Final Adjustment in 2022*
(50,304)
(50,523)
(50,622)
Added Revenues
$ 58,832
$ 445,337
$ 618,532
* We budgeted Tax Revenues at $4,621,435 in 2022 based on the DR-420 Certified Tax Roll of
$1,585,849,128. Tax Assessor issued the DR-422 Final Tax Roll for $1,584,816,281, a
$1,03Z,847 reduction of (.15%). We may only receive $4,573,792 vs. the $4,621,435 in 202Z,
a $47,643 difference. This reduces 2022 by $47,643, plus the change due to the millage. 21
Property Values and Millage:
Taxable Value Additions
Dollar Value of Tax Roll Additions:
2022 47,9811095
2021 32/716/715
2020 33/685/698
2019 23,351,814
2018 15,9981366
2017 35,951,704
2016
251763,700
2015
25/492/245
2014
19/914/805
2013
9/435/090
2012
7/462/986
Additions in Calendar Year 2022 Yield in Budget
Year 2023: $123,602 at 2.6834, $133,810 at
2.9050 and $138,384 at 3.0043.
22
Property Values and Millage:
3.0043 in 2022 Versus 2.9050 and 3.0043
1. 03% On Homestead:
3.0043 2.9050 3.0043
ASSESSED VALUES $200,000 $206,000 $206,000
TAXABLE VALUES $150,000 $156,000 $156,000
TAXES $451 $460 $469
CHANGE $9 $18
10% On Others:
3.0043 2.9050 3.0043
$200,000 $220,000 $220,000
$200,000 $220,000 $220,000
$601 $639 $661
$38 $60
ASSESSED VALUES $250,000 $257,500
$257,500
$250,000 $275,000
$275,000
TAXABLE VALUES $200,000 $207,500
$207,500
$250,000 $275,000
$275,000
TAXES $601 $603
$624
$751 $799
$826
CHANGE $2
$23
$48
$75
ASSESSED VALUES $300,000 $309,000
$309,000
$300,000 $330,000
$330,000
TAXABLE VALUES $250,000 $259,000
$259,000
$300,000 $330,000
$330,000
TAXES $751 $752
$778
$901 $959
$991
CHANGE $1
$27
$58
$90
23
5.0000 Millage Setting 17 Year History
Rolled -Back 4 Years/Below 7 Years/Above 6 Years
4.5000
(At or Below Rolled -Back 64. 7% of the Time)
4.0000
3.5000 -
3.0000 -
i
2.5000 -
i
i
2.0000
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
-Rolled-Back 3.0519 3.2121 3.3646 3.8038 3.9019 3.7311 3.5646 3.7398 3.5446 3.6290 3.6700 3.4939 3.1514 2.9399 2.8090 3.0043 2.6834
1Final 3.0519 2.9917 33456 3.3456 3.3041 3.3041 3.7166 3.7166 3.8556 3.8556 3.8000 3.4000 3.1514 2.9399 3.1514 3.0043 2.9050
24
Other Considerations
o Labor Agreements Not Yet Negotiated.
(Only Adjusted Those Below Minimums.)
o High Revenues and Budget Savings Have
Increased General Fund Reserves the Last
Few Years But Will This Continue?
o 2.9050 Millage Is 8.26% Above the
Rolled -Back Rate But Tax Bill Will Be Up:
Less Than 2% on Homestead Properties.
About 6% for Others or Less If Assessed
Value Increased Less Than 10% Maximum.
25