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07/14/1997 - Special^fa.e. ?i.,Rr ?(+??,'o '' „S ?'tr.S S':w,'.+ f3`'Y,;; 'f •all?sv g,? Si. s'ir <,i?r., .p .`,'? o .. ? •. ?• i?'3 '? ct1r .. .61 . .??.,}' e, 5 I ,r , r. -,le Yr? ,?. .J µ •u'?i`:4' ,s t5'??•'sr,<?°, M`.s:r?'b';:rf,.;,e: t":? ?,?;(w?(•i'r:?r.:+i- i`7r .,;s4• "+. ': , Y't r :S?'.,j,g ,?i r, . 'r?'? ,,i;,lf.?; i7•H?,is f?,•?;td::a J?.'`•. F?t •i?, }l''?•'gE:'1 .'v? •Itf"r'<i.. •t ,.5. •r? %'{,. 'r, 3;'1 's' li???: '.?'1?? r ';:.:?.?°?E. •r. ?• p r??'•;:..? .?,'?..rd, t?l.s?'' h,• : .. i ,}?'t. i, 3'k¢ et r'k:, irE?..{,?ft`.f i'\` +f?n,lS16:l:rY 1< .: +'.?.f?.d ?}:. i •}si/f ?" i. , ;? •' •.r. •i? •, i'.'.fi_? :r., 't: .i.- r+?1E?'?'i ?r F„ {' r ' t .: Agenda: 14-97 : s vi°. .I ?:. ??.1.}cif ?"?? ` ..?.•6 ?i.9? "„ '.•< ' N?V City Commission Special Meeting, r , 7-14-97 1 1. ),5--6 1 i 1 rv.. '?:.licV1:.L?lV?Cd+.°ak?'. _•.>'i^'t?_`?'.` _. , v. .?. .. _, ., .... r. .,_... _ C'.".. t.l_._yr1'dr N is ..; ' s al t' ?a7`s?ra.,`.°•.;}'.' J. >45 i. `a=??t'i?'''•?•f?.7>,S.,i ?•?I?,?r.;.,..,?.? x•r al•t, a,?,1'.,'.•?u??. i•., ,v 'a. t..°i.. a.:.H,.T.•:cr?°..:•? ,L •,?>f _..6t ?t. ..i?:•i • ?,?????'; s•? ??sa "?,:'! L ?.Wh::'i•''?'[:.?:at tt„f,'a,,•::: ? :?e. d)1', .l'. 3s si 7s? , rsS. QMOM ?i: °,??.,'?'.?l•7§;Fj?s:z. s.}"m??x.'j? .. ,s on 9s'??.a?.' z^ ,`E;5`7fi :?^e -.• y,.i ?' i?;.`; ;,i. .'•.?r d? '.t`: n Ij ?? ?"?' ._??,- ?•? ? «. ti:. ri?o ??fl.'t!"".Ts?,tt.?.ei, s?,. '?:`?w3.ra ?.?. _ • Was 0 75 • Clearwater City Commission Item #: { ' Agenda Cover Memorandum ' Meeting Date: ' SUBJECT: MILLAGE RATE FOR FISCAL YEAR 1997/98 RECOMMENDATION/MOTION: Adopt a tentative millage rate of 5.1158 mills for fiscal year 1997198 and set Public Hearings on the Budget for September 4, 1997 and September 18, 1997 to be held no earlier than 6:00 p.m., ® and that the appropriate officials be authorized to execute same. BACKGROUND: In accordance with the TRIM Bill process it is necessary for the City Commission to adopt a tentative millage rate prior to finalizing and adopting the Budget. The tentative millage rate will be included in the TRIM Bill notices sent to taxpayers in early August and cannot be increased without special mailing. The City Manager's recommended millage rate of 5.1158 mills is the same millage rate as adopted for the current year. The rolled back rate, according to State definition, is the millage rate which exclusive of new construction, additions to structures, deletions, and property added due to geographic boundary changes, will provide the same ad valorem tax revenue as was levied the prior year. If the recommended rate of 5.1158 mills is adopted, the City's' .ordinance adopting the millage rate will reflect a 2.23% increase over the rolled back rate of 5.0044 mills. To summarize the effect of the recommended increase of 5.1158 mills on an individual Clearwater taxpayer: • If an individual's property tax value has not increased (i.e., no reassessment), there would be no increase in Clearwater's share of property tax. • If an individual's tax value has increased (i.e. reassessment), the tax increase would be the same percentage increase (a 3% increase in value would result in a 3% increase in Clearwater's share of property taxes) This will be the seventh consecutive year in which the millage rate will remain at 5.1158 mills, and it has been eight years ( FY 1990191) since the City has last increased the millage rate. We have added many new programs over the past several years including, but not limited to, the Office of Tourism Development, the Community Response Team, and Community Outreach. These three programs alone have impacted the General Fund budget at a cost of just over $2 million annually. As we move into the next fiscal year, our focus will be on implementation and promotion of the City's vision and the first of a three year management review of City operations. Any costs associated with these efforts will require serious consideration as we determine the effect on future operating budgets. Reviewed by: Originating Department: Costs: Commission Action: Legal NIA office of Management NIA ? Approved Budget and Budget Total ? Approved w/Conditions Purchasing IA User Department: ? Denied Risk Mgmt. NIA Current Fiscal Year ? Continued to: IS NIA Funding Source: ACM ? capilallmprovemrnll Other NIA Advertised: ? operating: Date: ? 01her: Attachments: Paper; Submitted b : ? Not Required Appropriation Code Affected P rties: Notified ? None City Manage 0 Not Required 0 Printed on recycled paper Y GENERAL FUND STATEMENT OF REVENUES AND EXPENDITURES ACTUAL BUDGET ADJUSTED RECOMMENDED FY 95/96 FY 96197 FY 96197 FY 97198 BEGINNING FUND BALANCE 12,173,137 10,209,898 10,289,898 8,573,563 REVENUES: Property Taxes 19,482,181 19,824,890 19,824,890 20,366,810 Sales Tax 4,302,831 4,532,590 4,475,000 4,913,920 Franchise Fees 7,082,847 7,451,180 7,527,950 7,750,730 Utility Taxes 13,351,614 13,982,880 13,982,880 14,739,970 Licenses & Permits 2,435,798 2,432,000 2,528,000 2,688,100 Fines, Forfeitures & Penalties 1,210,792 1,434,000 1,211,500 1,312,700 Intergovernmental Revenues 7,260,232 7,367,700 7,665,170 7,837,760 Charges for Current'Services 1,066,848 1,610,240 1,458,445 1,527,940 Use/Sale of City Property/Money 1,245,583 1,811,800 1,422,170 1,456,700 Miscellaneous Revenue 121,330 106,680 90,280 140,320 Interfund Charges/Transfers 8,945,035 9,778,230 9,873,230 9,969,360 Transfer from Surplus 0 500,000 1,716,335 427,210 TOTAL'REVENUES 66,505,091 70,732,190 71,776,850 73,031,520 EXPENDITURES: Commission 193,226 201,880 272,120 205,380 Administration 2,434,938 2,967,940 2,983,673 3,249,660 Legal 960,063 1,075,650 1,074,880 1,1 17,920 City Clerk 623,225 675,720 687,490 777,770 Info Mgmt/Community Outreach 520,468 626,920 626,920 693,960 Finance Department 1,275,843 1,340,090 1,365,570 1,450,390 Human Resources 715,101 723,330 755,120 774,710 Police 21,415,885 23,769,360 23,780,010 23,980,120 Fire 10,027,149 10,779,070 10,760,900 11,217,920 Mousing & Urban Development 402,408 449,770 449,770 467,130 Central Permitting 1,885,604 1,864,760 1,912,260 2,088,460 Engineering Department 4,714,986 5,051,230 4,999,560 4,932,180 Public Services 1,610,308 1,665,660 1,665,660 1,707,710 Parks & Recreation 9,760,786 10,380,010 10,411,291 10,852,510 Library 3,911,994 4,187,130 4,201,050 4,289,950 Sailing Center 119,882 124,480 124,480 127,420 Pier 60 348,779 269,780 269,780 261,170 Non-Depart mental 7,467,685 4,579,410 5,435,316 4,837,160 TOTAL. EXPENDITURES 68,388,330 70,732,190 71,775,850 73,031,620 To/From Unappropriated Retained Earnings 0 -500,000 -1,716,335 -427,210 TOTAL ENDING FUND BALANCE 90,289,898 9,789,898 8,573,663 8,146,353 R ti . ihf i U Interoffice Correspondence Sheet To: Michael Roberto, City Manager From: Tina Wilson, Budget Director CC: Kathy Rice, Deputy City Manager Bob Keller, Assistant City Manager Date: July 11, 1997 RE: Preliminary 1997198 Budget The following highlights will provide background for discussion with the City Commission regarding the Preliminary 1997198 Budget and the establishment of the TRIM rate on Monday. Most of this information has been provided to you in a previous memo. Funding the "Vision" The preliminary budget includes funding of a 1 million contingency to support the City's "Vision" and an additional $250,000 for a management audit to be phased over a two year period. The one-time funding for the management audit ($250,000) and approximately $177,210 of the vision contingency will be provided by the appropriation of $427,210 ( the equivalent of 1110 of a mill) from the unappropriated retained earnings of the General Fund. Millage Rate The "rolled back rate", which is the millage rate that would provide the same tax revenue to the City as in the prior year, is 5.0044 mills. If the millage rate for FY 1997198 is set at the same 5.1158 mills as the current year, this would be an increase of 2.23 % over the roll back rate, and this increase would be Because our tax values have increased for FY 1997198, we will need to advertise a "Notice of Proposed Tax Increase", but this only compares the previous year's tax levy to the proposed tax levy. It does not specifically address any percentage increase in the millage rate, only the additional tax levy dollars that we will receive in comparison with the current fiscal year. The second advertisement is the "Budget Summary". This ad will address the % increase of total budgeted expenditures across all funds compared to the current year's operating budget. This increase should be approximately 2.4% for advertising ilumoses, General Fund Retirements The preliminary budget does not include any funding for the General Fund retirement pool. We will need to do some additional analysis to determine the total anticipated funding needs for FY 1997198. We will fund this need at third quarter of the current year from the unappropriated surplus of the General Fund at an estimated cost of $500,000. We will be analyzing the cost will be for future budget years, and developing a plan as to how we will address this issue in future budgets. General Fund-Surplus The proposed budget anticipates the funding of $427,210 ( the equivalent of 1110 of a mill) from the unappropriated retained earnings of the General Fund for one-time funding for the management audit ($250,000) and approximately $177,210 of the vision contingency. In addition, the preliminary budget does not include any funding for the General Fund retirement pool. We will fund this cost at third quarter of the current year from the unappropriated surplus of the General Fund at an estimated cost of $500,000. With the appropriation of this additional $927,210, the Unappropriated Retained Earnings of the General Fund will be approximately $7.646.350 on October 1, 1997. This is approximately 10.5 0 of the proposed General Fund _operating-budget. Personnel Costs The preliminary budget, includes cost of living adjustments (cola) of 2%. Historical annual salary increases in comparison with the preliminary budget are offered below: FY 1994195 4% cola 2.8% step increase FY 1995196 3% cola 2.8% step increase FY 1996/97 3% cola 2.8% step increase Proposed FY 1997198 2% cola 2.8% step increase The CPI index for wage earners for FY 1996 was 2.9 %, but remember that many of our union employees receive step increases along with the cost of living increase. Human Resources has estimated that the following employees will receive some level of step increase along with the cola in 1997: CWA Employees 61% IAFF 39% FOP 10 63% Sgts & Lts 58% Avg all Unions 59% Salary Savings The preliminary budget includes a 2.5% salary savings. Based upon historical data, most departments achieve a 1.5 % salary savings on an annual basis. By requiring a 2.5 % salary savings, this may necessitate a delay in hiring some employee replacements, but it will also offer the opportunity to prioritize our needs and possibly allow for some reorganization. ?"?r.+x,lpr.e WKltwYwyo+.,. . ..... ...,..,.,.,.-w? K.»«.. .?. 7?r, .... .... ..riu .,?r„.,.... W.«...n,waryiw??. #... ..v ... .. ...... ,,. . .. .-. _.... .... .. ._ ... .. . ?