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Home My WebLink AboutR-22-23 FY 2022-2023 Tentative BudgetRESOLUTION NO. R-22-23 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA ADOPTING THE TENTATIVE 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 PRINCIPAL AND INTEREST PAYMENTS ON 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 AUTHORITY OF THE CITY MANAGER TO IMPLEMENT THE BUDGET; PROVIDING FOR CONFLICT; PROVIDING FOR SCRIVENER'S ERRORS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Manager has submitted a Proposed Tentative Budget for the City of Sebastian for the fiscal year beginning October 1, 2022, and ending September 30, 2023; and WHEREAS, the City Council has conducted a Public Hearing on the Proposed Tentative Budget on September 13, 2022. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, that: Section 1. The Tentative Budget is hereby adopted for the Fiscal Year beginning on October 1, 2022 and ending September 30, 2023, subject to a final hearing on September 28, 2022. Section 2. The amounts shown on the attached Schedule "A" are tentatively appropriated out of the Treasury of the City, including any revenues accruing to the City available for purposes of the City's budgetary accounts. Section 3. The City Manager is tentatively authorized and directed to prepare for the implementation of the service programs and projects provided for in the budget. Such implementation is to be consistent with the provisions of the City Code of Ordinances and policies established by the City Council. Section 4. The City Manager is tentatively authorized to make budget adjustments within budgetary accounts shown on Schedule "A" as he deems appropriate. He shall also be authorized to make budget adjustments between budgetary accounts shown on Schedule "A", when necessary to implement programs, projects, and expenditures authorized by the City Council or for purposes of clarification and enhancement of accounting and reporting requirements. He shall be further authorized to make adjustments to project allocations from remaining balances in other projects or from other available funds when necessary to satisfactory complete requisite projects. All other budgetary adjustments will require prior approval by the City Council. Section 5. CONFLICT. All Resolutions or parts of Resolutions in conflict herewith are hereby repealed to the extent of such conflict. Section 6. SCRIVENER'S ERRORS. Sections of this resolution may be renumbered or re - lettered and corrections of typographical errors which do not affect the intent may be authorized by the City Manager, or the City Manager's designee, without need of further action of City Council by filing a corrected copy of same with the City Clerk. Section 7. EFFECTIVE DATE. This Resolution shall become effective upon passage. The foregoing Resolution was moved for adoption by Councilmember McPartlan . The motion was seconded by Councilmember Dodd and, upon being put into a vote, the vote was as follows: Mayor Jim Hill absent Vice -Mayor Fred Jones aye Councilmember Ed Dodd aye Councilmember Bob McPartlan aye Councilmember Christopher Nunn ave The Mayor thereupon declared this Resolution duly passed and adopted this 13th day of September, 2022. CITY OF SEBASTIAN, FLORIDA By: vice Mavor Fred ,Tones - - for Jim Hill, Mayor — - ATTEST: _ C_IFLt,✓ atj Wd- PA am a lE6nette Williams, City Clerk _ Approved as to fo - d le y for the reliance b e City Se as ' ly: M no ATTACHMENT TO RESOLUTION R-22-23 SCHEDULE"A" BUDGET SUMMARY FISCAL YEAR 2022/2023 GENERALFUND REVENUES: 001501 Taxes and franchise fees $ 9,924,615 001501 Licenses and permits 163,700 001501 Intergovernmental 3,811,968 001501 Charges for services 745,370 001501 Fines and forfeits 50,500 001501 Miscellaneous 253,000 001501 Transfers in 35,000 Total Revenues $ 14,984,153 EXPENDITURES: 010001 City Council $ 62,725 010005 City Manager 306,745 010009 City Clerk 222.575 010010 City Attorney 236,730 010020 Administrative Services 823,320 010021 Management Information System 717,540 010041 Police Administration 858,600 010043 Police Operations 3,992,550 010047 Police Detective Division 1,300,205 010049 Police Dispatch Unit 749.330 010045 Code Enforcement Division 202,100 010052 Roads and Maintenance 1.149,134 010054 Fleet Management 279.680 010056 Facilities Maintenance 771.545 010059 Cemetery 163,740 010057 Leisure Services 1,408,615 010080 Community Development 675,690 010099 Non -departmental 1,064.329 Total Expenditures $ 14,984,153 ATTACHMENT TO RESOLUTION R-22-23 SCHEDULE"A" BUDGET SUMMARY FISCAL YEAR 2022/2023 SPECIAL REVENUE FUNDS: LOCAL OPTION GAS TAX FUND 120010 REVENUES Taxes $ 788,980 Miscellaneous 15,670 Appropriation from prior year 247,924 Total Revenues $ 1,052,574 120051 EXPENDITURES Operating $ 5,400 Debt service 122,174 Transfers out 925,000 Total Expenditures $ 1,052,574 DISCRETIONARY SALES TAX FUND 130010 REVENUES Taxes $ 5,170,143 Miscellaneous 96,249 Total Revenues $ 5,266,392 130051 EXPENDITURES Transfers out $ 4,395,472 Unappropriated 870,920 Total Expenditures $ 5.266,392 RECREATION IMPACT FEE FUND 160010 REVENUES Impact fee $ 150,000 Miscellaneous 13,389 Total Revenues S 163,389 160051 EXPENDITURES Transfers out $ 55,000 Unappropriated 108,389 Total Expenditures $ 163,389 STORMWATER UTILITY FUND 163010 REVENUES Stormwater utility fee $ 1,957,000 Miscellaneous 7,588 Restricted cash balance canyforward 226,186 Total Revenues $ 2,190,774 163051 EXPENDITURES Operating $ 2,149,474 Capital Outlay 41,300 Tote] Expenditures $ 2,190,774 74 ATTACHMENT TO RESOLUTION R-22-23 SCHEDULE"A" BUDGET SUMMARY FISCAL YEAR 2022/2023 SPECIAL REVENUE FUNDS - CONTINUED: PARKING IN -LIEU -OF FEE FUND 190010 REVENUES Miscellaneous $ 539 Total Revenues $ 539 190051 EXPENDITURES Unappropriated 539 Total Expenditures $ 539 LAW ENFORCEMENT FORFEITURE FUND 190010 REVENUES Fines and forfeits $ 1,000 Miscellaneous 160 Total Revenues $ 1,160 190051 EXPENDITURES Unappropriated $ 1,160 Total Expenditures $ 1,160 COMMUNITY REDEVELOPMENT AGENCY FUND 163010 REVENUES Tax Increment - Sebastian $ 210,187 Tax Increment - Indian River County 210,187 Miscellaneous 43,719 Total Revenues $ 464,093 163051 EXPENDITURES Operating $ 260,918 Transfers out 15,000 Unappropriated 188,175 Total Expenditures $ 464,093 CAPITAL PROJECTS FUNDS: REVENUES Transfers from Other Funds $ 5,398,752 Grants 14.134.742 Total Revenues $ 19,533,494 EXPENDITURES Transportation $ 4,664,855 Recreation 55,000 Physical Environment 13,410,586 Public Safety 971,158 Economic Environment 15,000 General Government 416,895 Total Expenditures $ 19,533,494 3 ATTACHMENT TO RESOLUTION R-22-23 SCHEDULE"A" BUDGET SUMMARY FISCAL YEAR 2022/2023 ENTERPRISE FUNDS: GOLF COURSE FUND 410010 REVENUES: Charges for services $ 1,782,371 Restricted cash balance carryforward - Toml Revenues $ 1.782,371 EXPENSES: GOLF COURSE ADMINISTRATION 410110 Personal services $ 276,225 Operating expenses 402,529 Capital Outlay 6,500 Repayment of Interlard Loans 71,209 Unappropriated 113,395 Tote] Administration $ 869,858 GOLF COURSE GREEN DIVISION 410120 Operating expenses $ 681,324 Capital Outlay 77,000 Total Golf Course Green Division $ 758,324 GOLF COURSE CARTS DIVISION 410130 Personal services $ 139,695 Operating expenses 14,494 Tend Golf Course Carts Division $ 154,189 Total Golf Course Expenses $ 1,782,371 4 ATTACHMENT TO RESOLUTION R-22-23 SCHEDULE"A" BUDGET SUMMARY FISCAL YEAR 2022/2023 ENTERPRISE FUNDS -CONTINUED: AIRPORT FUND 450010 REVENUES Charges for services S 639,830 Miscellaneous revenues 24,446 Tote] Revenues S 664,276 450110 EXPENSES: Personal services $ 178,130 Operating expenses 330,306 Debt service 36,500 Capital Outlay 9,500 Transfer out 8,280 Unappropriated 101,560 Total Expenses S 664.276 BUILDING DEPARTMENT 480010 REVENUES Charges for services $ 1,268,500 Miscellaneous revenues 43,498 Total Revenues $ 1,311,998 480110 EXPENSES: Personal services S 919,080 Operating expenses 338,146 Unappropriated 54,772 Total Expenses S 1,311,998 TOTAL BUDGET SUMMARY GENERAL FUND S 14,854,007 SPECIAL REVENUE FUNDS 9,138,921 CAPITAL PROJECT FUNDS 19,533,494 ENTERPRISE FUNDS 3,758,645 TOTAL BUDGET FOR ALL FUNDS S 47,285,067 5 HOME OF PELICAN ISLAND CITY COUNCIL AGENDA TRANSMITTAL FORM COUNCIL MEETING DATE: September 13, 2022 AGENDA ITEM TITLE: Resolution Adopting Fiscal Year 2022-23 Tentative Budget RECOMMENDATION: Move to Consider Resolution R-22-23 Adopting Tentative Fiscal Year 2022-23 Budget. BACKGROUND: Staff has compiled a balanced Recommended Budget for Fiscal Year 2022-23 that assumes the millage being set at 2.9050, which is 8.26% above the rolled -back rate of 2.6834. Over the past several months, Staff has presented our budget recommendations to the Citizen's Budget Review Advisory Board, Planning and Zoning Commission and City Council. A complete copy of the recommended budget is available on the City's website. Schedule "A" of the Resolution summarizes the budget. Staff will be presenting a power point at this meeting for the benefit of the public. The required public hearing and adoption of the final millage and budget is scheduled for a special City Council meeting on September 28, 2022. ATTACHMENTS: Resolution R-22-23 with Schedule "A". The Recommended Budget and Capital Improvements Program (as adjusted) is on the City Website. IF AGENDA ITEM REOUIRES EXPENDITURE OF FUNDS: Total Cost: As per Schedule "A" of Resolution Fund to Be Utilized for Appropriation: Various �r Administrative Services 4eparlm/view: City Attorney Review: Procurement Division Replica e: City Manager uthorization: Date: