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HomeMy WebLinkAbout08112014 Special MinutesMCf SEL HOME OF PELICAN ISLAND SEBASTIAN CITY COUNCIL MINUTES FY 2014-2015 SPECIAL MEETINGIBUDGET WORKSHOP MONDAY, AUGUST 11, 2014 — 6 P.M. (started 6:38 pm) CITY COUNCIL CHAMBERS 1225 MAIN STREET, SEBASTIAN, FLORIDA Mayor McPartlan called the Special Meeting to order at 6:38 p.m. 2. The Pledge of Allegiance was recited. 3. ROLL CALL City Council Present: Mayor Bob McPartlan (arrived 6:38 pm) Council Member Jerome Adams Council Member Richard Gillmor City Council Absent: Vice Mayor Jim Hill Council Member Andrea Coy City Staff Present: City Manager, Joe Griffin City Attorney, Robert Ginsburg City Clerk, Sally Maio Finance Director, Ken Killgore Building Director, Wayne Eseltine Community Development Director/Engineer, Frank Watanabe Environmental Specialist, Cynthia Watson Golf Course Director, Greg Gardner Public Works Director, Jerry Converse Public Works Admin Assistant, Linda Kinchen Fleet Supervisor, Greg Schmidt Panics Supervisor, Chris McCarthy HR Specialist, Vaunette Davis Deputy Police Chief, Greg Witt E -Records & Information Manager, Barbara Brooke -Reese AV Specialist, Matt Sino Special Council Meeting/Budget Workshop August 11, 2014 Page Two 4. SPECIAL MEETING ITEM A. City Insurance Approval i. City's FY 15 Group Health Insurance - Presentation by Gehring Group (Administrative Services Transmittal, Evaluation Charts) The City Manager introduced Christian Bergstrom, Gehring Group, who gave a presentation seeking approval for health insurance, dental insurance, group vision insurance, employee assistance program, and employee voluntary supplemental insurance. He said notices of invitation and requests for proposals were distributed and they received proposals for health insurance from Florida Blue, United Health and First Health. He said United Health Care's proposal came in 3% lower than the current premium, and Florida Blue came in with a final and best offer of a 4.9% increase over the current premium. He said since that time Florida Blue came back with a 0% increase but with a dramatic increase in the prescription pharmacy benefit. Mr. Bergstrom recommended United Health Care for 2014-2015 for health, dental and vision. He said UH has offered the City a $5 credit per employee per coverage for transfer of dental and vision coverages to them and then the City would receive a credit of $10,800 for an approximate citywide reduction of $138K, with a savings of $128k to the general fund. He recommended United Health Care medical and dental for one year and vision for 3 years. Mr. Bergstrom recommended continuing the Employee Assistance Program with the current provider (Aetna) for three years, though there is a $ .12 cent increase which equates to $144 per year. In closing, he said the City has decided to move the Employee Voluntary Supplemental Insurance from AFLAC to Allstate due to claims and service issues over the last five years.. In response to Mr. Gillmor, Mr. Bergstrom said the health insurance program will be similar to what the employees had last year, they will have the health reimbursement card from the City for singles in the amount of $1500, and after that is met the employee would be responsible for 20% of the discounted rate up to $4500 if in network, and for families the amount would be $3000 and then they would be responsible for 20% of the discounted rate up to $9000. In response to Mr. Adams, Mr. Bergstrom said they had looked at United Health Care for the Employee Assistance Program but they were much higher in price, and that there would be a decrease in the Employee supplemental by going to Allstate. No one from the public requested to speak. MOTION by Mr. Adams and SECOND by Mayor McPartlan to approve the Gehring Group's recommendations. Roll Call: Ayes: McPartlan, Adams, Gillmor Nays: None Absent: Coy, Hill Passed: 3-0 Special Council Meeting/Budget Workshop August 11, 2014 Page Three a. City's FY 15 Worker's Compensation, Property. Liability and Casualty Renewal — Administrative Services Director (Administrative Services Transmittal. Quote= Experience Rating) The City Manager said staff was recommending we go with Florida League of Cities for these insurances and a representative was present. John Ligon, Florida League of Cities, cited an increase based on workers compensation claims which are based on the last three years of claims which include FYs 11, 12 and 13, a 5% increase in the State rate by class codes which include PW and PD, and anticipated 10% increase in City payroll costs. He said the workers comp increases makes the overall package increase. He said a FLC loss control representative can focus on the areas where the losses are coming from. Mayor McPartlan noted that one bad FY 13 year will be around for another couple of years in determining rates. No on from the public requested to speak. MOTION by Mr. Gillmor and SECOND by Mr. Adams to approve. Roll Call: Ayes: Adams, Gillmor, McPartlan plays: None Absent: Hill, Coy Passed: 3-0 5. BUDGET WORKSHOP ITEM A. FY 2014/2015 Recommended Budget i. Budget Advisory Board Presentation/Recommendation — Chairman Herlihy Ed Herlihy, Budget Advisory Board Chairman, stated that Council, at its last meeting when setting maximum millage at 3.8556 by recommendation of the Board, had requested the Board develop specific recommendations for the additional funds. He said the Board met last Monday and have come back with specific recommendations for funding for the Indian River Lagoon, All Aboard Florida, the CODs grant, and road paving, recommendations which are set out in the attached Power Point presentation. He recommended the additional $57K in savings for insurance costs due to Council action tonight could be added to the road paving program. Mr. Herlihy closed by saying it is the recommendation of the Board to go to 3.8556 mills which could raise an additional $265K, and it is up to Council to make the final decision on whether it wants to pick and choose options or do it all and he was open for questions. Mr. Gillmor said on three different proposals he mentioned that the difference in our insurance fees for next year are going to add $57K to the budget, and Mr. Herlihy said there appears to be a net leftover amount of $57K from the original proposed budget projection. The Finance Director confirmed that the stated revenue funds from each of the three millage rate options would now be increased by the $57K from insurance savings, for example a rate of 3.7166 which showed an additional $145,054 in revenue from ad valorem would now have $57K added to that amount. Mayor McPartlan thanked Mr. Herlihy and the Board for their hard work on the budget. Special Council Meeting/Budget Workshop August 11, 2014 Page Four ii. Budget Presentation/Overview — Finance Director The Finance Director gave a Power Point presentation (see attached) reviewing the FY 201412015 proposed budget, which shows a $407,861 increase in costs over the current year due to 3% pay increases, street sweeping, '/ round cleaning, newsletter, other OM, but now reduced by insurance savings to $350,861. He described increased revenues totaling $407,861, and reviewed general fund uncommitted reserve policies and recommendations, noting our policy is 30% and this represents 51 % of the 2015 operating budget. He noted there was a $467,286 balance from last year set aside for a repair and replacement reserve and only $96,772 has been used so far, and with the projected net savings from 2014, we will have $636,008 and if we were to use all of the 2015 R & R reserve, there would be a balance of $4,744,720. He noted that he had previously presented an analysis of needed funds in the event of storm events with city-wide damage and stated that $5M may only be sufficient for back to back storm events of 15-20% city wide damage, so we may want to consider changing the 30% policy to a minimum dollar amount no lower than $5M, set a balance and use capital R&R only for essential needs, and set a maximum for the R & R reserve so future net increases stay undesignated, and lastly do not use reserves to balance the budget. The Finance Director then went over the items that were not funded in the 2015 proposed budget which included additional positions, COPS grant match, All Aboard Florida and Indian River Lagoon actions, and street projects. Mr. Gillmor said when he was first elected, he recalled there was $75K per year budgeted for road resurfacing, and the Finance Director recalled that and that they had then refinanced the bank loan which provided additional funds on the existing road improvement project, and Mr. Gillmor noted this amount is $25K less per year than we budgeted in 2008. The Finance Director said factors such as loss of revenues because of more efficient cars, and because of increases in street lighting and paying off loan debt we need other money to cover resurfacing needs. He said the discretionary sales tax is our largest source of capital funds is set to expire 12131119. He then reviewed the special revenue funds -- Stormwater Utility, Recreation Impact Fees, Riverfront CRA, Parking In -Lieu -0f, Law Enforcement Forfeiture fund, Cemetery Trust Fund, and the Enterprise funds -- Golf Course, Airport and Building. All are specifically set out in the attached PP slides. Mr. Gillmor said the Golf Course Greens Committee met today and said that over the last five to six years we have been patching the irrigation system to keep it working and replacement is something we will have to think about and it will be a big amount of money. The Finance Director then reviewed the proposed Capital Improvement Program Projects for 2015 and from 2016 to 2020 and proposed funding sources. He then explained the proposed budget review process starting from departmental review to presentations before various boards, and read from a Planning and Zoning Commission motion to convey to Council that they support the additional funding recommended by the Budget Advisory Board. 4 Special Council Meeting/Budget Workshop August 11, 2014 Mage Five The Finance Director reviewed the millage rate options as follows: 3.35446 mills which is the rolled -back rate and would add $107,529 in revenue and on average would be a 1.8% decrease in residential ad valorem but no change in commercial. 3.7166 mills would add $145,054 of revenue and on average would be a 3% increase in residential ad valorem and a 4.9% increase in commercial. 3.8556 mills would add $265,038 of revenue and on average would be a 6.9% increase in residential ad valorem and 8.8% increase in commercial. He stated that budget hearings will take place on September 15 and 24, 2014, Mr. Gillmor asked again would each of those revenue amounts increase by $57K based on the savings from insurance costs, and the Finance Director noted that is correct that the $57K increase is not reflected in the stated amounts. Mr. Gillmor clarified that if Council selected the 3.7166 rate we would have $202K additional revenues above a balanced budget. Mr. Adams commented that in looking at the budget, staff has done a good job, there is an additional $57K there, and he saw areas where we could save a couple thousand such as with the proposed newsletter by using technology rather than mailing paper, was not sure we needed to spend an extra amount of money for street sweeping, by using St. Lucie County's example on oyster mats using local restaurants to obtain shells and using scouts to assist with the project. He said we do not know what will happen to All Aboard Florida, there may be grants and it may be a year or two down the road when funds are needed and at worst we can use some reserves. He said he was not in favor of a higher millage, would be happy with the rolled -back rate, and could go with 3.7166 but no further. Mayor McPartlan said because we maintain a healthy reserve we maintain a good bond rating, and the Finance Director said we have gotten away from that by using bank loans rather than bonds and they are not as hung up on bond ratings, but the banks are aware of reserve amounts. He expressed the importance of reserves for unexpected needs, noting other cities have gotten into trouble when they use reserves to balance. No one from the public requested to provide input. The City Manager said he had nothing further, emphasized again that the budget is balanced at rolled -back rate, Budget Board had its recommendation and he had his, and it is in the lap of the Council now. He said there are three strong avenues we can go, and said this budget is a testament to hard work and Finance Director Ken Killgore and what he likes to call our Assistant Finance Director, Nancy Veidt and all Department Heads and he thanked all of them. Mayor McPartlan added his thanks to all. Mr. Gillmor said when you look at what people would pay on a tax bill, and people think it all goes to the City, noting that Indian River County gets a piece and the School gets a huge amounts, so people are not paying a lot for City services. Special Council Meeting/Budget Workshop August 11, 2014 Page Six Mr. Adams said the budget is balanced and he is pleased about that, the economy is getting better but we still need to be cautious so we don't end up like other cities have. 6. Being no further business, Mayor McPartlan adjourned the meeting at 7:53 p.m. Approved at the August 27, 2 14 Regular Council Meeting. By: Botf McP��artlan,, Mayor Attest: Sally A. Maio, Me C, City Cl rk ORIGINAL BUDCOM RECOMMENDATION I I RAISE ADDITIONAL FUNDS $265,000 PROPOSED TAX. RATE I.R LAGOON ALL ABOARD FLORIDA C.O.P.S GRANT ROADS 3.8556 $1007000 $50,000 $15,000 $1001000 W N 0Z CL N W cem "a.] H U z 0 U u W 1r T10 i� V) z w C� C.� Un U U W w � w C� un w C w a Q w i i4 ULJ O C 1 t w ,rye � o sir � f j � rQ p r� 11 s' ii i �t -4s r'J 1 CA u LA.,Q. O O C O Q p 11 7 V J -4s r'J w�y �I J z 0 C7 0 w ce Blow-* H z c� A z w ALL ABOARD FLORIDA SUGGESTED APPROPRIATION $50,000 SPECIFIC USES: • HIRING EXPERTS/LEGAL/ENGINEERING CONSULTANTS • EXPERT EXAMINATION OF E.I.S. DOCUMENT • "QUIET ZONE" APPLICATION/FUNDING • CROSSING SAFETY • INVESTIGATE CITY LIABILITY ANIS COSTS PROJECT SPECIFIC FUNDING C.O.P.S GRANT MATCH ADDED ROAD PAVING $15,000 $100,00© These items have specific funding designations. tJ� J CL H W 0 m 7. z a BUDCOM SUMMARY DEEP FINAL MILLAGE AT 3.855+6 RAISE $265,000 USE $x,65,000 FOR SPECIFIC ITEMS: • I.R. LAGOON PROJECT • ALL ABOARD FLORIDA CONSULTANTS • C.O.P.S. GRANT • ROAD REPAVING ADD $57,000 SURPLUS TO ROAD REPAVING i BUDCOM SUMMARY DEEP FINAL MILLAGE AT 3.855+6 RAISE $265,000 USE $x,65,000 FOR SPECIFIC ITEMS: • I.R. LAGOON PROJECT • ALL ABOARD FLORIDA CONSULTANTS • C.O.P.S. GRANT • ROAD REPAVING ADD $57,000 SURPLUS TO ROAD REPAVING 0 E-1 W C!� C� 2015 Proposed Budget & Capital Improvement Program Presentation City Council Budget Worksession Tuesday, August 11, 2014 Prepared By: Ken Killgore, Finance Director 2015 Proposed Budget & CIP General Fund Expenditures & Revenues • $292,894 Pay and Benefits • 135,370 New operating Expenses Street Sweeping $7,500 to $32,500 % Round Cleanup $15,000 to $100,000 Twice a Year Newsletter $0 to $9,440 All other O&M Accounts $15,930 • - 20,403 Less Equipment Purchases • $407,861 Initially Reported Increase 2015 Proposed Budget & CIP General Fund Expenditures & Revenues: $107,529 Added Tax from 3.5446 & 1% 50,000 Airport Advance Payment 40,184 Business Tax Repayment 127,500 Utility -based Revenue Up 4% 92,209 State Revenues Up 4% -9,561 Other Accounts $407,861 Additional Revenues 2015 Proposed Budget & CIP • General Fund: Expenditures & Revenues Uncommitted Reserves Unfunded Items • Capital Improvements Program • Special Revenue Funds • Enterprise Funds • Mlllage Options 2015 Proposed Budget & CIP General Fund Expenditures & Revenues: $407,861 Initially Reported Increase -57.000 Reduction in Insurance Budgets $350,861 or 3.4% Net Budget Increase • Mostly Due to 3% Pay Raises 2015 Proposed Budget & CIP General Fund Uncommitted Reserves: • $5,065,242 Starting Balance for 2014 +265,494 Projected 2014 Net Increase +5000 Airport Advance Repayment $5,380,736 Projected Balance for 2015 • This is 51% of 2015 Operating Budget • GFOA is 16.6% and City Policy is 30.0% 8/7/2014 1 2015 Proposed Budget & CIP General Fund Uncommitted Reserves: • $467,286 of Balance Designated as Capital R&R Reserve — $96,772 Used: $68,557 Dump Truck $28,215 Mowers (3) • With Projected 2014 Net Savings of $265,494, Will Have $636,008 Designated 2015 Proposed Budget & GIP General Fund Uncommitted Reserves: • May Want to Consider Changing the 30.0% Policy to a Minimum Dollar Amount • Should Use Capital R&R Reserve Only for Essential Needs • May Want a Maximum for R&R Reserve, So Future Net Increases Stay Undesignated • Do Not Use Reserves to Balance Budget 2015 Proposed Budget & CIP General Fund Unfunded Items: • No Additional Positions • No Match for COPS Grant (If Approved) • No Funding for Actions on All Aboard Florida • No Funding for Actions on Indian River Lagoon • No Funding for Street Resurfacing 8/7/2014 a 2015 Proposed Budget & CIP eneral Fund Uncommitted Reserves: • $5,380,736 Projected 2015 Ending Balance -636,008 Designated Capital R&R Reserve $4,744,720 If Capital R&R Reserve All Used • Based on Detailed Study to Quantify the Amount of Uncommitted Reserves, $5 Million May Only be Sufficient for Back -to -Back Storm Events of 15-20% City -Wide Damage 2015 Proposed Budget & GIP General Fund Uncommitted Reserves: $5.0 0 $4,0 . $1 0 oA 2015 Proposed Budget & CIP General Fund Unfunded Items: $ 102,000 Englar (Bridge to Schumann) 165,000 Concha Drive 350,000 Indian River Drive 160,000 Main Street (East of Fleming) 180,000 Day Drive 200,000 Microsurface Schumann Area $1,157,000 Total Street Resurfacing Needs 2015 Proposed Budget & CIP General Fund Unfunded Items: • PBA Wage Opener — No Agreement But 3% Pay Increases are Included in Budget • Budget Review Advisory Committee: • COPS Program Match $ 15,000 ,All Aboard Florida 50,000 ° Indian River Lagoon 100,000 • Road Resurfacing 100,000 • Amounts Proposed $ 265,000 2015 Proposed Budget & CIP Special Revenue Funds • Stormwater Utility: Pays Debt on Bank Notes Until 2022 $500,000 Transferred to General Fund for O&M Pays for Pumping at Stormwater Park Used to Purchase Smaller Equipment & Vehicles • Recreation Impact Fees: Primarily Provides Funds for Projects Suggested by Parks and Recreation Board Must Improve or Add to Available Facilities 2015 Proposed Budget & CIP Special Revenue Funds • Law Enforcement Forfeiture: Must Use for Purchasing Police Items Not Provided for in the Normal Budget Each Expenditures is Approved by City Council About $53,000 is Currently Available • Cemetery Trust: ° Technically Not a Special Revenue Fund Split Between Expendable & Non -Expendable Move Non -Expendable Interest to General Fund Expendable Used to Buy Additional Property 8/7/2014 2015 Proposed Budget & CIP SDecial Revenue Funds ° Local Option Gas Tax: Revenue $50,413 Above Spending Covers Street Lights, RIR Crossings, Sidewalk Repair and Road Striping Resurfacing of About $100,000 Every Two Years ° Discretionary Sales Tax: Pays Debt on City Hall and Police Station Largest Source of Capital Funds Used Only for Construction or Reconstruction Expires December 31, 2019 2015 Proposed Budget & CIP Special Revenue Funds River -front CRA: Expenses on Hurricane Harbor, Special Events, Fayade /Sign Program & General Fund Quality Maintenance Transfer Provided $100,000 Sewer Connection Program & Some Funding on Presidential Streets Replacing Tables and Benches at Riverview Park Parkinq in Lieu Of: Used for Parking by Fisherman's Landing Receiving About $14,000 Annually Will Have About $23,000 Available 2015 Proposed Budget & CIF' Enterprise Funds Golf Course: Lowered Revenue Projections But FY 2015 Still Exceeds Amounts for FY 2013 & 2014 Largest Expense is the Maintenance Contract Making Bank Note Payments on Maintenance Equipment & the Carts Purchased in FY 2014 Balanced Budget Primarily By Reducing Other Operating & Maintenance Expense Accounts About 6% of Revenue Placed in a Capital Fund • Used for Replacing Netting • Will Replace Tractor & Fairway Mower • Accumulating Funds for Rebuilding Greens 3 Q a s 2015 Proposed Budget & CIP Enterprise Funds • Airport: • $20,000 Allocated for Economic Development Major Projects Paid by Grants & DST Funds Paying $20,000 in DST Loans for Hangar Projects Paying $50,000 on $200,000 General Fund Advance for Legal Fees • Building: Projecting Increases in Permits and Fees Planning for Replacement of Vehicles Paying General Fund Sooner for Business Taxes Credited to Building Dept. in Recession Years 2015 Proposed Budget & CIP Capital Improvement Program - CIP Projects for 2015: Parking and Road Work: • $50,000 Police Public Parking - DST • $200,000 Fleming Street Paving - DST • $460,037 Coolidge Street Paving - DST • $200,000 Tulip Dnve Construction - DST Facility Repair and Maintenance: • $40,000 Pedestrian Bridges -DST • $30,000 Sign Replacement - LOGT • $75,000 Roof Repairs - DST 2015 Proposed Budget & CIP Capital Improvement Proqram CIP Projects for 2015 (Continued): Golf Course: • $15,000 Fuel Tank $55,000 Tractor and Fairway Mower Airport: $650,000 Hangar Project -DST Building: $18,500 Vehicles 2015 Proposed Budget & CIP Capital Imorovernent Proaram • Staff Compiled Schedules of Capital Improvements, Largely Based on operational Needs & Financial Capability • Parks & Recreation Board Reviewed for Parks & Recreation Capital Items • Budget Review Advisory Committee Reviewed Regarding Budget and Financial Strategies • Planning & Zoning Commission Reviewed in Terms of Having Proper Facilities in the Future 2015 Proposed Budget & CIP Capital Improvement Procararn • CIP Projects for 2015 (Continued): Stormwater System: • $500,000'/.Round Improvements - DST Parks and Recreation Facilities: $60,000 Yacht Club Pier Decking - DST $100,000 Riverview Park Sidewalks - CRA $50,000 Community Center Paving - Rec. Impact $125,000 Skate Park Rebuild - Rec. Impact 2015 Proposed Budget & CIP Capital Imorovement Proaram • These Projects Equal $2,628,537 • This is About 80% of $3,302,737 of Capital Outlays Scheduled for Next Year • Funding with Discretionary Sales Tax, Local Option Gas Tax, Recreation Impact Fees, CRA Tax Increment and Enterprise Funds 8/7/2014 52 2015 Proposed Budget & CIP Capital Improvement Program • $674,200 is Primarily Equipment: $42,000 Audio Visual Equipment, Computer Serve -s- Server' Upgrades - General Fund $55,000 Computer Upgrades & FDLE Firewall - DST $368,000 Police Vehicles - DST $19,200 Police Equipment & Drying Cabinet - General Fund $47,000 Public Works Equipment - General Fund $402,000 Stormwater Equipment- Stormwater $14,000 Riverview Park Tables/Benches & Median Trees/ScrubslMulch - CRA $2,000 Breakroom Appliances- General Fund $25,000 Diesel Fuel Tank Software - DST 2015 Proposed Budget & CIP Capital Improvement Program • CIP Projects 2016 to 2020 (Continued): Facility Repair and Maintenance: • $500,000 Barber Street Bridge Repairs -DST $60,000 Sign Replacement - LOGT • $40,000 Pedestrian Bridges - DST ' $50,000 Paint City ball - DST ' $50,000 City Hall Parking Lot -- DST • $50,000 Police Station Air Conditioning - DST $50,000 Parking Lot Refurbishment - DST $150,000 Public Works Compound -General Fund 2015 Proposed Budget & CIP Capital Improvement Program • CIP Projects 2016 to 2020 (Continued): Cemetery: • $100,000 Storage Building - Cemetery Trust Golf Course: $333,450 Golf Cart Fleet - Golf Course $165,000 Rebuild Greens -Golf Course Airport: • $800,000 Access Road West - DST Building: $43.51( Vehicles r e' 817/2014 2015 Proposed Budget & CIP Capital Improvement Program • CIP Projects 2016 to 2020: Parking and Road Work: • 5320,000 Street Repaving - LOGT • $250,000 Sidewalk Construction - DST • Parks and Recreation Facilities: $300,000 Baseball Field Lighting -DST $50,000 Riverview Park Playground - DST $100,000 Equipment Building - Rec. Impact $100,000 Bleacher Shields - Rec. Impact 2015 Proposed Budget & CIP Capital Improvement Program CIP Projects 2016 to 2020 (Continued): Stormwater System: • $2,500,000 % Round Improvements - DST • $250,000 Road Crossing/Sideyard Pipes - DST • $50,000 Tulip Drive Road Crossing - DST • $200,000 Potomac Ditch - DST • $100,000 Pipe Sliplining - DST • $750,000 Bevan Ditch Piping - DST $500,000 Stormwater Pond Installation - DST 2015 Proposed Budget & CIP Capital Improvement Program • These Projects Equal $7,861,950 • This is About 66% of $3,302,737 in Capital Outlays for 2016 to 2020 • Funding with Discretionary Sales Tax, Local Option Gas Tax, Recreation Impact Fees, CRA Tax Increment and Enterprise Funds 0 2015 Proposed Budget & CIP Capital Improvement Program - $4,039,600 is Equipment: $75,000 Computer Server Upgrades- General Fund $425,000 Computer Upgrades/Replacements/Firewalls- DST $1,716,000 Police Vehicles - DST $64,000 Police Equipment & Instant Replay - General Fund $949.600 Public Works Equipment- General Fund $25,000 Indian River Drive Light Poles - LOGT $30,000 Stormwater Equipment- Stormwater $755,000 Tandum Dump Truck, Vac Truck, Dump Truck & Transport Truck - DST 2015 Proposed Budget & CIP 3.5446 Rolled -Back Milla e: Adds $107,529 of Revenue $100,000 Homestead Property $185.83 in 2014 vs. $182.55 in 2015 $3.28 or 1.8% Less (1.5% Limitation) $100,000 Commercial Property - $371.66 in 2014 vs. $371.83 in 2015 No Change (4.9% Taxable Value Increase offset by 4.9% Chop in Millage) 2015 Proposed Budget & CIP 3.8556 Milla e: - Adds $265,038 of Revenue $400,000 Homestead Property - - $185.83 in 2014 vs. $198.56 in 2015 $12.73 or 6.9% More (1.5% Limitation) $100,000 Commercial Property - $371.66 in 2014 vs. $404.45 in 2015 $32.79 or 8.8% More 8/712014 2015 Proposed Budget & CIP Equipment -$4;713,800 31 General Fund S5.2001000 Ois YeOanary 5.1. Fax. 180,000. Parking/Roads 1,480,037 10 Local option Gas Thx Z­- Parks/Recreation 885,000 G Recreation Impact 912,000 Riverfront CRA 749,000 Facility Repairs 1,095,000 7 Cemetery T"t 3,900 (Expend.W) Stormwater 4,850,040 32 Oall Course -Operations 96,000 Ca Pltal 132,000 A,r-- 206,000 Other/Enterprise 2,180,450 14 Building 1,26a,000 2015 Proposed Budget & CIP Same 3.7166 Millage: - Adds $145,054 of Revenue $100,000 Homestead Property - $185.83 in 2014 vs. $191.40 in 2015 $5.57 or 3.0% More (1.5% Limitation) e $100,000 Commercial Property - $371.66 in 2014 vs. $389.87 in 2015 $18.21 or 4.9% More 2015 Proposed Budget & CIP Millage Options: 3.5446 Rolled -Back - Balances Budget 1.8% Lower Taxes an Homestead Properties No Net Change for Nan -Homestead 3.7166 Current Rate - Adds $145,054 Apply to Unfunded Items 3.0% Increase on Homestead Properties 4.9% Increase for Non -Homestead 3.8556 Proposed - Adds $265,038 Covers Unfunded Items 6.9% Increase on Homestead Properties 8.8% Increase on Non -Homestead M