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09/03/2013 - Special City Council Agenda Special Meeting Date: 9/3/2013- 6:00 PM Location:Council Chambers - CIty Hall Welcome. We are glad to have you join us. If you wish to speak, please wait to be recognized, then state your name and address. Persons speaking before the City Council shall be limited to three (3) minutes unless otherwise noted under Public Hearings. For other than Citizens to be heard regarding items not on the Agenda, a spokesperson for a group may speak for three (3) minutes plus an additional minute for each person in the audience that waives their right to speak, up to a maximum of ten (10) minutes. Prior to the item being presented, please obtain the needed form to designate a spokesperson from the City Clerk (right-hand side of dais). Up to thirty minutes of public comment will be allowed for an agenda item. No person shall speak more than once on the same subject unless granted permission by the City Council. The City of Clearwater strongly supports and fully complies with the Americans with Disabilities Act (ADA). Please advise us at least 48 hours prior to the meeting if you require special accommodations at 727-562-4090. Assisted Listening Devices are available. Kindly refrain from using beepers, cellular telephones and other distracting devices during the meeting. 1. Call to Order 2.Administrative Public Hearings - Presentation of issues by City staff - Statement of case by applicant or representative (5 min.) - Council questions - Comments in support or opposition (3 min. per speaker or 10 min maximum as spokesperson for others that have waived their time) - Council questions - Final rebuttal by applicant or representative (5 min.) - Council disposition 2.1Set a final millage rate of 5.1550 mills for fiscal year 2013/14 against non-exempt real and personal property within the City of Clearwater and pass Ordinance 8475-13 on first reading. Attachments 2.2Approve the City of Clearwater Annual Operating Budget for the 2013/14 fiscal year and pass Ordinance 8476-13 on first reading. Attachments 2.3Adopt the Fiscal Year 2013/14 Annual Capital Improvement Budget and establish a six-year plan for the Capital Improvement Program (CIP) and pass Ordinance 8477-13 on first reading. Attachments 2.4Approve the recommended Penny for Pinellas project list, as revised for Fiscal Years 2013/14 through 2019/20. Attachments 3. Adjourn Special City Council Agenda Council Chambers - CIty Hall Meeting Date:9/3/2013 SUBJECT / RECOMMENDATION: Set a final millage rate of 5.1550 mills for fiscal year 2013/14 against non-exempt real and personal property within the City of Clearwater and pass Ordinance 8475-13 on first reading. SUMMARY: In accordance with Chapter 200 of the Florida Statutes, which defines requirements for the Determination of Millage and the rules governing Truth in Millage (TRIM) compliance, the City Council must hold two public hearings to adopt a final millage rate for the new fiscal year. The adoption of this ordinance to establish the millage rate and the two related budget ordinances are an integral part of fulfilling these requirements. The City Council set a tentative millage rate of 5.1550 mills on July 18, 2013, which is the rate that appeared on the TRIM bill notices mailed to taxpayers in August. The millage rate of 5.1550 mills represents a 3.05% increase from the rolled back rate of 5.0023 mills. Ordinance 8475-13 is presented in order to adopt the millage rate of 5.1550 mills to support the operating and capital improvement budgets for the 2013/14 fiscal year. Review Approval:1) Office of Management and Budget 2) Legal 3) Clerk 4) Assistant City Manager 5) City Manager 6) Clerk Cover Memo Item # 1 Ordinance No. 8475-13 MILLAGE ORDINANCE ORDINANCE NO. 8475-13 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, DECLARING THE MILLAGE RATE TO BE LEVIED FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2013, AND ENDING SEPTEMBER 30, 2014, FOR OPERATING PURPOSES INCLUDING THE FUNDING OF PENSIONS, DEBT SERVICE, AND ROAD MAINTENANCE FOR CAPITAL IMPROVEMENT EXPENDITURES AT 5.1550 MILLS; PROVIDING AN EFFECTIVE DATE. THE LEVY OF 5.1550 MILLS CONSTITUTES A 3.05% INCREASE FROM THE ROLLED BACK RATE OF 5.0023 MILLS. WHEREAS, the estimated revenue to be received by the City for the fiscal year beginning October 1, 2013, and ending September 30, 2014, from ad valorem taxes is $38,277,347; and WHEREAS, based upon the taxable value provided by the Pinellas County Property Appraiser, 5.1550 mills are necessary to generate $38,277,347; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CLEARWATER, FLORIDA: Section 1. It is hereby determined that a tax of 5.1550 mills against the non-exempt real and personal property within the City is necessary to raise the sums to be appropriated for operation purposes, including pensions and debt service, road capital improvement projects, for the fiscal year beginning October 1, 2013. Section 2. The levy of 5.1550 mills constitutes a 3.05% increase from the rolled back rate. Section 3. This ordinance shall take effect October 1, 2013. PASSED ON FIRST READING _____________________ PASSED ON SECOND AND FINAL _____________________ READING AND ADOPTED ________________________________ George N. Cretekos Mayor Approved as to form: Attest: _____________________________ _________________________________ Pamela K. Akin Rosemarie Call City Attorney City Clerk Attachment number 1 \nPage 1 of 1 Item # 1 2013/142013/14 ANNUAL OPERATINGANNUAL OPERATING & CAPITAL IMPROVEMENT& CAPITAL IMPROVEMENTBUDGETBUDGET September 2013September 20132013/142013/14 ANNUAL OPERATINGANNUAL OPERATING & CAPITAL IMPROVEMENT& CAPITAL IMPROVEMENTBUDGETBUDGET September 2013September 2013September 2013September 2013September 2013September 2013 Attachment number 2 \nPage 1 of 18 Item # 1 ALL FUNDSALL FUNDS FY 2013FY 2013 FY 2014FY 2014 GENERALGENERAL$ 113 M$ 113 M$ 115 M$ 115 M UTILITYUTILITY139 M139 M142 M142 M ENTERPRISEENTERPRISE 9 M9 M 9 M9 M ENTERPRISEENTERPRISE 9 M9 M 9 M9 M INT SVCINT SVC47 M47 M50 M50 M SPECIAL PGMSPECIAL PGM16 M16 M14 M14 M CAPITALCAPITAL62 M62 M45 M45 M TOTALTOTAL$ 386 M$ 386 M$ 375 M$ 375 M Attachment number 2 \nPage 2 of 18 Item # 1 General Fd ExpendituresGeneral Fd ExpendituresFY 2013FY 2013 FY 2014FY 2014 PolicePolice35.7 M35.7 M36.3 M36.3 M2%2% FireFire24.4 M24.4 M23.9 M23.9 M--2%2% Parks & RecParks & Rec21.0 M21.0 M21.1 M21.1 M1%1% LibraryLibrary 5.8 M5.8 M 5.9 M5.9 M 2%2% LibraryLibrary 5.8 M5.8 M 5.9 M5.9 M 2%2% Planning/Dev SvcPlanning/Dev Svc4.8 M4.8 M4.8 M4.8 M2%2% EngineeringEngineering7.9 M7.9 M7.8 M7.8 M--1%1% OtherOther13.8 M13.8 M15.1 M15.1 M8%8% TOTALTOTAL113.4 M113.4 M114.9 M114.9 M1%1% Attachment number 2 \nPage 3 of 18 Item # 1 GENERAL FUND GENERAL FUND GENERAL FUND GENERAL FUND EXPENDITURESEXPENDITURESEXPENDITURESEXPENDITURESGENERAL FUND GENERAL FUND GENERAL FUND GENERAL FUND EXPENDITURESEXPENDITURESEXPENDITURESEXPENDITURES Eng/Streets 7%Eng/Streets 7% Adm/Other13% Adm/Other13% P&D 4%P&D 4% 2013/142013/142013/142013/14Library 5% $ 114.9 Million$ 114.9 MillionPublic Safety53% Public Safety53% Parks & Rec18% Parks & Rec18% Library 5% Attachment number 2 \nPage 4 of 18 Item # 1 Personnel 69%GENERAL FUND GENERAL FUND GENERAL FUND GENERAL FUND EXPENDITURESEXPENDITURESEXPENDITURESEXPENDITURESGENERAL FUND GENERAL FUND GENERAL FUND GENERAL FUND EXPENDITURESEXPENDITURESEXPENDITURESEXPENDITURES 2013/142013/142013/142013/14 $ 114.9 Million$ 114.9 MillionOperating17% Operating17% Internal Service 11% Transfers 3% Attachment number 2 \nPage 5 of 18 Item # 1 General Fund BudgetGeneral Fund Budget99.2 111.4 123.2 115.5 109.1 114.9 80 100120140 Million CPI 0 204060 Million Attachment number 2 \nPage 6 of 18 Item # 1 PROPERTY VALUESPROPERTY VALUES $8 $10$12$14 8.6 11.2 8.8 7.6 7.7 Billion $0$2$4$6$8 20052007200920112013 Billion Attachment number 2 \nPage 7 of 18 Item # 1 PROPERTY TAX PROPERTY TAX REVENUESREVENUES MillionMillion Attachment number 2 \nPage 8 of 18 Item # 1 General Fund BudgetGeneral Fund BudgetAnnual ExpendituresAnnual Expenditures$ 114,923,880$ 114,923,880 Annual RevenuesAnnual Revenues113,500,460113,500,460 Use of ReservesUse of Reserves$ 1,423,420$ 1,423,420 Attachment number 2 \nPage 9 of 18 Item # 1 Savings InitiativesSavings InitiativesGeneral Fund ResGeneral Fund Reserves $ 1,423,420erves $ 1,423,420Pension Credit BalancePension Credit Balance535,000535,000 Salary SavingsSalary Savings$960,000$960,000 Attachment number 2 \nPage 10 of 18 Item # 1 Millage RateMillage RateMillage RateMillage RateCurrent millage rateCurrent millage rate5.1550 mills5.1550 mills Proposed rateProposed rate5.1550 5.1550 millsmills Current millage rateCurrent millage rate5.1550 mills5.1550 mills Proposed rateProposed rate5.1550 5.1550 millsmills 3.05% increase 3.05% increase from rolledfrom rolled--back rateback rate RolledRolled--back rateback rate5.0023 mills5.0023 mills 3.05% increase 3.05% increase from rolledfrom rolled--back rateback rate RolledRolled--back rateback rate5.0023 mills5.0023 mills Attachment number 2 \nPage 11 of 18 Item # 1 Millage RateMillage Rate Attachment number 2 \nPage 12 of 18 Item # 1 Millage RateMillage RateMillage RateMillage RateFY FY FY FY 2013/142013/142013/142013/14 Millage RateMillage RateMillage RateMillage RateFY FY FY FY 2013/142013/142013/142013/14 Other Agencies9.5% Other Agencies9.5% Clearwater24% Clearwater24% School BoardSchool Board 21.4949 Mills21.4949 MillsPinellas County29% Pinellas County29% School Board37.5% School Board37.5% Attachment number 2 \nPage 13 of 18 Item # 1 HOMESTEADEDHOMESTEADEDCAP CAP ––1.7% Increase1.7% Increase20122012 20132013 IncreaseIncrease Taxable Taxable ValueValue 110,000110,000111,870111,870 City TaxesCity Taxes $ 567$ 567 $ 577$ 577 $ 10$ 10 City TaxesCity Taxes $ 567$ 567 $ 577$ 577 $1.58/day$1.58/day $ 10$ 10 Taxable Taxable ValueValue 200,000200,000203,400203,400 City TaxesCity Taxes$ 1,031$ 1,031$ 1,049$ 1,049$ 18$ 18 Attachment number 2 \nPage 14 of 18 Item # 1 Capital ProjectsCapital ProjectsCapital ProjectsCapital ProjectsFire Engine Fire Engine Countryside Fire Station DesignCountryside Fire Station DesignCountryside LibraryCountryside LibraryFire Engine Fire Engine Countryside Fire Station DesignCountryside Fire Station DesignCountryside LibraryCountryside LibraryEastside/SPC LibraryEastside/SPC LibraryTechnology UpgradesTechnology UpgradesEastside/SPC LibraryEastside/SPC LibraryTechnology UpgradesTechnology Upgrades Attachment number 2 \nPage 15 of 18 Item # 1 Utility ProjectsUtility ProjectsUtility ProjectsUtility ProjectsBiosolidsBiosolidsTreatmentTreatment6.8 million6.8 million Numeric Nutrient Numeric Nutrient BiosolidsBiosolidsTreatmentTreatment6.8 million6.8 million Numeric Nutrient Numeric Nutrient Numeric Nutrient Numeric Nutrient Compliance Compliance $ 46 million$ 46 million Numeric Nutrient Numeric Nutrient Compliance Compliance $ 46 million$ 46 million Attachment number 2 \nPage 16 of 18 Item # 1 Public HearingsPublic HearingsPublic HearingsPublic HearingsSeptember September 33September September 33September September 1919September September 1919 Attachment number 2 \nPage 17 of 18 Item # 1 2013/142013/14 ANNUAL OPERATINGANNUAL OPERATING & CAPITAL IMPROVEMENT& CAPITAL IMPROVEMENTBUDGETBUDGET September 2013September 20132013/142013/14 ANNUAL OPERATINGANNUAL OPERATING & CAPITAL IMPROVEMENT& CAPITAL IMPROVEMENTBUDGETBUDGET September 2013September 2013September 2013September 2013September 2013September 2013 Attachment number 2 \nPage 18 of 18 Item # 1 Special City Council Agenda Council Chambers - CIty Hall Meeting Date:9/3/2013 SUBJECT / RECOMMENDATION: Approve the City of Clearwater Annual Operating Budget for the 2013/14 fiscal year and pass Ordinance 8476-13 on first reading. SUMMARY: In accordance with Chapter 200 of the Florida Statutes and the rules governing Truth in Millage (TRIM) compliance, the City Council must hold two public hearings to adopt the budget. The adoption of this ordinance and the related ordinances adopting the 2013/14 millage rate and the Capital Improvement Budget are an integral part of fulfilling these requirements. On June 27, 2013, the City Manager provided the City Council with a Preliminary Annual Operating and Capital Improvement Budget that outlined proposed estimates of revenues and expenditures for the 2013/14 fiscal year. On July 15, 2013, the City Manager presented the preliminary budget at the work session for Council discussion. The preliminary budget was also presented at the July 18, 2013 council meeting for citizen input. No changes have been made to the preliminary plan as presented. Review Approval:1) Office of Management and Budget 2) Legal 3) Clerk 4) Assistant City Manager 5) City Manager 6) Clerk Cover Memo Item # 2 Ordinance No. 8476-13 OPERATING BUDGET ORDINANCE ORDINANCE NO. 8476-13 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, ADOPTING AN OPERATING BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2013, AND ENDING SEPTEMBER 30, 2014; AUTHORIZING THE CITY MANAGER TO ISSUE SUCH INSTRUCTIONS THAT ARE NECESSARY TO ACHIEVE AND ACCOMPLISH THE SERVICE PROGRAMS SO AUTHORIZED; AUTHORIZING THE CITY MANAGER TO TRANSFER MONIES AND PROGRAMS AMONG THE DEPARTMENTS AND ACTIVITIES WITHIN ANY FUND AS PROVIDED BY CHAPTER 2 OF THE CLEARWATER CODE OF ORDINANCES; PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Manager has submitted an estimate of the expenditures necessary to carry on the City government for the fiscal year beginning October 1, 2013, and ending September 30, 2014; and WHEREAS, an estimate of the revenues to be received by the City during said period from ad valorem taxes and other sources has been submitted to the City Council; and WHEREAS, a general summary of the operating budget, and notice of the times and places where copies of the budget message and operating budget are available for inspection by the public, was published in a newspaper of general circulation; and WHEREAS, the City Council has examined and carefully considered the proposed budget; and WHEREAS, in accordance with Chapter 2 of the Clearwater Code of Ordinances, the City Council conducted a public hearing in City Hall on September 3, 2013, upon said budget and tax levy; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CLEARWATER, FLORIDA; Section 1. Pursuant to the City Manager's Annual Budget Report for the fiscal year beginning October 1, 2013, and ending September 30, 2014, a copy of which is on file with the City Clerk, the City Council hereby adopts a budget for the operation of the City, a copy of which is attached as Exhibit A, and a summary of which is attached as Exhibit B. Section 2. The budget as adopted shall stand and be the budget of the City for said fiscal year, subject to the authority of the City Council to amend or change the budget as provided by Section 2.519 of the Clearwater Code of Ordinances. Section 3. The City Manager is authorized and directed to issue such instructions and directives that are necessary to achieve and accomplish the service programs authorized by the adoption of this budget. Attachment number 1 \nPage 1 of 2 Item # 2 Ordinance No. 8476-13 Section 4. The City Manager is authorized for reasons of economy or efficiency to transfer part or all of any unencumbered appropriation balance among programs within an operating fund, provided such action does not result in the discontinuance of a program. Section 5. It is the intent of the City Council that this budget, including amendments thereto, is adopted to permit the legal appropriation and encumbering of funds for the purposes set forth in the budget. All appropriated and encumbered but unexpended funds at the end of the fiscal year may be expended during the subsequent fiscal year for the purposes for which they were appropriated and encumbered, and such expenditures shall be deemed to have been spent out of the current budget allocation. It shall not be necessary to reappropriate additional funds in the budget for the subsequent fiscal year to cover valid open encumbrances outstanding as of the end of the current fiscal year. Section 6. Should any provision of this ordinance be declared by any court to be invalid, the same shall not affect the validity of the ordinance as a whole, or any provision thereof, other than the provision declared to be invalid. Section 7. This ordinance shall take effect October 1, 2013. PASSED ON FIRST READING _____________________ PASSED ON SECOND AND FINAL _____________________ READING AND ADOPTED ________________________________ George N. Cretekos Mayor Approved as to form: Attest: ______________________________ ________________________________ Pamela K. Akin Rosemarie Call City Attorney City Clerk Attachment number 1 \nPage 2 of 2 Item # 2 Page 1 SpecialSpecialTotal General DevelopmentProgramGovernmental GOVERNMENTAL FUNDSFundFundFundFunds Balances Brought Forward19,274,321 5,592,995 19,261,731 44,129,047 Budgeted Revenues Ad Valorem Taxes36,453,7001,823,65038,277,350 Utility Taxes13,588,25013,588,250 Local Option, Fuel & Other Taxes8,260,65010,032,54018,293,190 Franchise Fees10,163,93010,163,930 Other Permits and Fees1,985,7001,985,700 Intergovernmental Revenue19,068,590970,48020,039,070 Charges for Services13,663,630195,00013,858,630 Judgements, Fines and Forfeits996,150996,150 Miscellaneous Revenues1,521,37035,00050,0001,606,370 Transfers In7,798,49073,0007,871,490 Other Financing Sources0 TOTAL BUDGETED REVENUES113,500,46012,086,1901,093,480126,680,130 TOTAL REVENUES, TRANSFERS, AND BALANCES 132,774,781 17,679,185 20,355,211 170,809,177 Budgeted Expenditures City Council278,010278,010 City Manager's Office1,185,3101,185,310 City Attorney's Office1,592,5301,592,530 City Audit198,750198,750 Economic Development and Housing1,362,3101,362,310 Engineering7,588,0907,588,090 Finance2,190,5602,190,560 Fire 23,891,47023,891,470 Human Resources 1,026,5401,026,540 Library5,959,4705,959,470 Marine & Aviation693,570693,570 Non-Departmental3,970,1003,970,100 Office of Management & Budget312,550312,550 Official Records and Legislative Services1,200,7501,200,750 Parks and Recreation21,135,60021,135,600 Planning and Development4,838,3704,838,370 Police36,329,01036,329,010 Public Communications926,880926,880 Public Utilities244,010244,010 General Government Services726,0603,000729,060 Economic Environment970,480970,480 Culture and Recreation70,00070,000 Transfers Out12,355,32012,355,320 TOTAL BUDGETED EXPENDITURES114,923,88013,081,3801,043,480129,048,740 Fund Balances/Reserves/Net Assets17,850,901 4,597,805 19,311,731 41,760,437 TOTAL EXPENDITURES AND BALANCES132,774,78117,679,18520,355,211170,809,177 EXHIBIT A CITY OF CLEARWATER 2013-14 BUDGET Ordinance No. 8476-13 Attachment number 2 \nPage 1 of 4 Item # 2 Page 2 WaterStormwaterSolidTotal & SewerUtility WasteGasRecycling Utility UTILITY FUNDSFundFundFundFundFundFunds Balances Brought Forward37,658,086 24,873,129 26,384,078 33,116,775 4,697,792 126,729,860 Budgeted Revenues Ad Valorem Taxes Utility Taxes Local Option, Fuel & Other Taxes Franchise Fees Other Permits and Fees1,000 350 1,350 Intergovernmental Revenue Charges for Services67,463,34016,474,55018,960,00038,262,2501,935,000143,095,140 Judgements, Fines and Forfeits271,00050,00085,100150,0007,500563,600 Miscellaneous Revenues1,482,430205,590554,000939,200785,1503,966,370 Transfers In Other Financing Sources TOTAL BUDGETED REVENUES69,216,77016,730,14019,600,10039,351,4502,728,000147,626,460 TOTAL REVENUES, TRANSFERS, AND BALANCES 106,874,856 41,603,269 45,984,178 72,468,225 7,425,792 274,356,320 Budgeted Expenditures Water & Sewer Fund Public Utilities Administration957,680957,680 Wastewater Collection5,490,6105,490,610 Public Utilites Maintenance3,424,8003,424,800 WPC Plant Operations18,371,60018,371,600 WPC Laboratory Operations1,319,4901,319,490 WPC Industrial Pretreatment868,580868,580 Water Distribution10,894,36010,894,360 Water Supply10,144,97010,144,970 Reclaimed Water 2,385,1502,385,150 Non-Departmental13,870,72013,870,720 Stormwater Fund Stormwater Management10,072,12010,072,120 Stormwater Maintenance6,084,3906,084,390 Solid Waste Administration975,960975,960 Collection 15,616,30015,616,300 Transfer1,540,1701,540,170 Container Maintenance838,810838,810 Gas Fund Administration and Supply22,991,76022,991,760 Pinellas Gas Operations7,146,8307,146,830 Pasco Gas Operations2,322,7502,322,750 Gas Marketing and Sales3,628,5103,628,510 Recycling Fund Residential1,293,4401,293,440 Multi Family378,350378,350 Commercial1,322,1601,322,160 TOTAL BUDGETED EXPENDITURES67,727,96016,156,51018,971,24036,089,8502,993,950141,939,510 Fund Balances/Reserves/Net Assets39,146,896 25,446,759 27,012,938 36,378,375 4,431,842 132,416,810 TOTAL EXPENDITURES AND BALANCES106,874,85641,603,26945,984,17872,468,2257,425,792274,356,320 EXHIBIT A CITY OF CLEARWATER 2013-14 BUDGET Ordinance No. 8476-13 Attachment number 2 \nPage 2 of 4 Item # 2 Page 3 ClearwaterTotal Harbor Other AirparkMarineMarineParkingHarborviewEnterprise OTHER ENTERPRISE FUNDS Fund Fund Fund Fund Fund Funds Balances Brought Forward439,273 157,956 1,002,128 6,802,064 785,449 9,186,870 Budgeted Revenues Ad Valorem Taxes Utility Taxes Local Option, Fuel & Other Taxes Franchise Fees Other Permits and Fees Intergovernmental Revenue50,000 50,000 Charges for Services6,0004,641,270506,000 3,663,000 8,816,270 Judgements, Fines and Forfeits1,000200 600,000 601,200 Miscellaneous Revenues254,00034,0007,000 367,000 48,250 710,250 Transfers In- Other Financing Sources TOTAL BUDGETED REVENUES260,0004,676,270563,2004,630,00048,25010,177,720 TOTAL REVENUES, TRANSFERS, AND BALANCES 699,273 4,834,226 1,565,328 11,432,064 833,699 19,364,590 Budgeted Expenditures Airpark Fund Airpark Operations183,100183,100 Marine Fund Marina Operations 4,488,0904,488,090 Clearwater Harbor Marine Fund Clearwater Harbor Marina Operations503,230 503,230 Parking Fund Parking System3,049,520 3,049,520 Parking Enforcement600,000 600,000 Beach Guard Operations487,730 487,730 Harborview Center Fund Harborview Center Operations38,280 38,280 TOTAL BUDGETED EXPENDITURES183,1004,488,090503,2304,137,25038,2809,349,950 Fund Balances/Reserves/Net Assets516,173 346,136 1,062,098 7,294,814 795,419 10,014,640 TOTAL EXPENDITURES AND BALANCES699,2734,834,2261,565,32811,432,064833,69919,364,590 EXHIBIT A CITY OF CLEARWATER 2013-14 BUDGET Ordinance No. 8476-13 Attachment number 2 \nPage 3 of 4 Item # 2 Page 4 AdministrativeGeneralCentral ServiceServiceGarageInsurance INTERNAL SERVICE FUNDSFundFundFundFundTotal Balances Brought Forward6,979,310 1,008,878 4,941,275 13,458,047 26,387,510 Budgeted Revenues Ad Valorem Taxes Utility Taxes Local Option, Fuel & Other Taxes Franchise Fees Other Permits and Fees Intergovernmental Revenue Charges for Services9,619,200 4,690,510 13,080,470 19,851,890 47,242,070 Judgements, Fines and Forfeits Miscellaneous Revenues95,000 22,000 460,030 787,630 1,364,660 Transfers In96,970 96,970 Other Financing Sources TOTAL BUDGETED REVENUES9,714,2004,712,51013,540,50020,736,49048,703,700 TOTAL REVENUES, TRANSFERS, AND BALANCES 16,693,510 5,721,388 18,481,775 34,194,537 75,091,210 Budgeted Expenditures Administrative Services Fund Information Technology/Administration381,380 381,380 Network Services2,787,670 2,787,670 Software Applications2,449,2702,449,270 Telecommunications 853,070853,070 Courier150,460150,460 Clearwater Customer Service3,479,7803,479,780 - General Services Fund- Administration496,180496,180 Building and Maintenance4,116,0604,116,060 - Garage Fund- Fleet Maintenance13,079,650 13,079,650 Radio Communications460,850 460,850 - Central Insurance Fund- Risk Management425,690 425,690 Employee Benefits348,580 348,580 Employee Health Center1,707,660 1,707,660 Non-Departmental19,676,230 19,676,230 TOTAL BUDGETED EXPENDITURES10,101,630 4,612,240 13,540,500 22,158,160 50,412,530 Fund Balances/Reserves/Net Assets6,591,880 1,109,148 4,941,275 12,036,377 24,678,680 TOTAL EXPENDITURES AND BALANCES16,693,510 5,721,388 18,481,775 34,194,537 75,091,210 EXHIBIT A CITY OF CLEARWATER 2013-14 BUDGET Ordinance No. 8476-13 Attachment number 2 \nPage 4 of 4 Item # 2 Page 1 TotalTotal Total Total Other InternalTotal GovernmentalUtilityEnterpriseServiceAll ALL FUNDSFundsFundsFundsFundsFunds Balances Brought Forward44,129,047 126,729,860 9,186,870 26,387,510 206,433,287 Budgeted Revenues Ad Valorem Taxes38,277,35038,277,350 Utility Taxes13,588,25013,588,250 Local Option, Fuel & Other Taxes18,293,19018,293,190 Franchise Fees10,163,93010,163,930 Other Permits and Fees1,985,7001,3501,987,050 Intergovernmental Revenue20,039,070 50,00020,089,070 Charges for Services13,858,630143,095,1408,816,27047,242,070213,012,110 Judgements, Fines and Forfeits996,150563,600601,2002,160,950 Miscellaneous Revenues1,606,3703,966,370710,2501,364,6607,647,650 Transfers In7,871,49096,9707,968,460 Other Financing Sources TOTAL BUDGETED REVENUES126,680,130147,626,46010,177,72048,703,700333,188,010 TOTAL REVENUES, TRANSFERS, AND BALANCES 170,809,177 274,356,320 19,364,590 75,091,210 539,621,297 Budgeted Expenditures City Council278,010278,010 City Manager's Office1,185,3101,185,310 City Attorney's Office1,592,5301,592,530 City Audit198,750198,750 Economic Development and Housing1,362,3101,362,310 Engineering7,588,0907,588,090 Finance2,190,5602,190,560 Fire 23,891,47023,891,470 Human Resources 1,026,5401,026,540 Library5,959,4705,959,470 Marine & Aviation693,570693,570 Non-Departmental3,970,1003,970,100 Office of Management & Budget312,550312,550 Official Records and Legislative Services1,200,7501,200,750 Parks and Recreation21,135,60021,135,600 Planning and Development4,838,3704,838,370 Police36,329,01036,329,010 Public Communications926,880926,880 Public Services244,010244,010 General Government Services729,060729,060 Economic Environment970,480970,480 Culture and Recreation70,00070,000 Transfers Out12,355,32012,355,320 Water & Sewer Fund Expenditures Public Utilities Administration957,680957,680 Wastewater Collection5,490,6105,490,610 Public Utilites Maintenance3,424,8003,424,800 WPC Plant Operations18,371,60018,371,600 WPC Laboratory Operations1,319,4901,319,490 WPCIndustrial Pretreatment868,580868,580 Water Distribution10,894,36010,894,360 Water Supply10,144,97010,144,970 Reclaimed Water 2,385,1502,385,150 Non-Departmental13,870,72013,870,720 Stormwater Fund Stormwater Management10,072,12010,072,120 Stormwater Maintenance6,084,3906,084,390 EXHIBIT B CITY OF CLEARWATER 2013-14 BUDGET Ordinance No. 8476-13 Attachment number 3 \nPage 1 of 2 Item # 2 Page 2 TotalTotal Total Total Other InternalTotal GovernmentalUtilityEnterpriseServiceAll ALL FUNDSFundsFundsFundsFundsFunds Budgeted Expenditures Solid Waste Administration975,960975,960 Collection 15,616,30015,616,300 Transfer1,540,1701,540,170 Container Maintenance838,810838,810 Gas Fund Administration and Supply22,991,76022,991,760 Pinellas Gas Operations7,146,8307,146,830 Pasco Gas Operations2,322,7502,322,750 Gas Marketing and Sales3,628,5103,628,510 Recycling Fund Residential1,293,4401,293,440 Multi Family378,350378,350 Commercial1,322,1601,322,160 Airpark Fund Airpark Operations183,100183,100 Marine Fund Marina Operations4,488,0904,488,090 Clearwater Harbor Marine Fund Clearwater Harbor Marina Operations503,230503,230 Parking Fund Parking System3,049,5203,049,520 Parking Enforcement600,000600,000 Beach Guard Operations487,730487,730 Harborview Center Fund Harborview Center Operations38,28038,280 Administrative Services Fund Information Technology/Administration381,380381,380 Network Services2,787,6702,787,670 Software Applications2,449,2702,449,270 Telecommunications853,070853,070 Courier150,460150,460 Clearwater Customer Service3,479,7803,479,780 General Services Fund Administration496,180496,180 Building and Maintenance4,116,0604,116,060 Garage Fund Fleet Maintenance13,079,65013,079,650 Radio Communications460,850460,850 Central Insurance Fund Risk Management425,690425,690 Employee Benefits348,580348,580 Employee Health Center1,707,6601,707,660 Non-Departmental19,676,23019,676,230 TOTAL BUDGETED EXPENDITURES129,048,740141,939,5109,349,95050,412,530330,750,730 Fund Balances/Reserves/Net Assets41,760,437 132,416,810 10,014,640 24,678,680 208,870,567 TOTAL EXPENDITURES AND BALANCES170,809,177274,356,32019,364,59075,091,210539,621,297 2013-14 BUDGET EXHIBIT B CITY OF CLEARWATER Ordinance No. 8476-13 Attachment number 3 \nPage 2 of 2 Item # 2 Special City Council Agenda Council Chambers - CIty Hall Meeting Date:9/3/2013 SUBJECT / RECOMMENDATION: Adopt the Fiscal Year 2013/14 Annual Capital Improvement Budget and establish a six-year plan for the Capital Improvement Program (CIP) and pass Ordinance 8477-13 on first reading. SUMMARY: In accordance with Chapter 200 of the Florida Statutes and the rules governing Truth in Millage (TRIM) compliance, the City Council must hold two public hearings to adopt the final budget. The adoption of this ordinance and the related ordinances adopting the 2013/14 millage rate and operating budget are an integral part of fulfilling these requirements. On June 27, 2013, the City Manager provided the City Council with a Preliminary Annual Operating and Capital Improvement Budget that outlined estimates of revenues and expenditures for the 2013/14 fiscal year. On July 15, 2013, the City Manager presented the preliminary budget at the work session for Council discussion. The preliminary budget was also presented at the July 18, 2013 council meeting for citizen input. No changes have been made to the preliminary plan as presented. Review Approval:1) Office of Management and Budget 2) Legal 3) Clerk 4) Assistant City Manager 5) City Manager 6) Clerk Cover Memo Item # 3 Ordinance No. 8477-13 CAPITAL IMPROVEMENT ORDINANCE ORDINANCE NO. 8477-13 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, ADOPTING THE CAPITAL IMPROVEMENT PROGRAM BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2013, AND ENDING SEPTEMBER 30, 2014; APPROVING THE SIX-YEAR CAPITAL IMPROVEMENT PROGRAM WHICH SHALL BE REEVALUATED AT THE BEGINNING OF EACH FISCAL YEAR; AUTHORIZING THE CITY MANAGER TO ISSUE SUCH INSTRUCTIONS THAT ARE NECESSARY TO ACHIEVE AND ACCOMPLISH THE CAPITAL IMPROVEMENTS SO AUTHORIZED; AUTHORIZING THE CITY MANAGER TO TRANSFER MONEY BETWEEN PROJECTS IN THE CAPITAL IMPROVEMENT PROGRAM; APPROPRIATING AVAILABLE AND ANTICIPATED RESOURCES FOR THE PROJECTS IDENTIFIED; PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Manager has submitted a proposed Six-Year Capital Improvement Program, and has submitted an estimate of the amount of money necessary to carry on said Capital Improvement Program for the fiscal year beginning October 1, 2013, and ending September 30, 2014; and WHEREAS, an estimate of the resources available and income to be received by the City during said period from ad valorem taxes and other sources has been submitted to the City Council; and WHEREAS, a general summary of the Capital Improvement Budget, and notice of the times and places when copies of the budget message and capital budget are available for inspection by the public, was published in a newspaper of general circulation; and WHEREAS, the City Council has examined and carefully considered the proposed budget; and WHEREAS, in accordance with Chapter 2 of the Clearwater Code of Ordinances, the City Council conducted a public hearing in the City Hall upon said proposed budget on September 3, 2013; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CLEARWATER, FLORIDA: Section 1. Pursuant to the Capital Improvement Program Report and Estimated Budget for the fiscal year beginning October 1, 2013, and ending September 30, 2014, a Attachment number 1 \nPage 1 of 2 Item # 3 Ordinance No. 8477-13 copy of which is on file with the City Clerk, the City Council hereby adopts a budget for the capital improvement fund for the City of Clearwater, a copy of which is attached hereto as Exhibit A. Section 2. The Six-Year Capital Improvement Program and Budget, a summary of which is attached hereto, marked Exhibit B, is approved in its present form, but prior to the beginning of each fiscal year the City Council shall reevaluate priorities, hold public hearings and formally adopt additions or corrections thereto. Section 3. The budget as adopted shall stand and be the Capital Improvement Program Budget of the City for said fiscal year, subject to the authority of the City Council to amend or change the budget as provided by Section 2.519 of the Clearwater Code of Ordinances. Section 4. The City Manager is authorized and directed to issue such instructions and directives that are necessary to achieve and accomplish the capital improvements authorized by the adoption of this budget. Section 5. The City Manager is authorized to transfer appropriations within the capital budget, provided such transfer does not result in changing the scope of any project or the fund source included in the adopted capital budget. Section 6. Should any provision of this ordinance be declared by any court to be invalid, the same shall not affect the validity of the ordinance as a whole, or any provision thereof, other than the provision declared to be invalid. Section 7. This ordinance shall take effect October 1, 2013. PASSED ON FIRST READING _____________________ PASSED ON SECOND AND FINAL _____________________ READING AND ADOPTED AS AMENDED ________________________________ George N. Cretekos Mayor Approved as to form: Attest: _____________________________ ________________________________ Pamela K. Akin Rosemarie Call City Attorney City Clerk Attachment number 1 \nPage 2 of 2 Item # 3 Budgeted Revenues GENERAL SOURCES:2013/14 General Operating Revenue1,853,920 General Revenue/County Coop557,000 Road Millage1,823,650 Penny for Pinellas8,831,680 Transportation Impact Fee290,000 Local Option Gas Tax1,409,990 Special Program Fund30,000 Grants - Other Agencies100,000 SELF SUPPORTING FUNDS: Marine Revenue60,000 Clearwater Harbor Marina Fund15,000 Airpark Revenue10,000 Parking Revenue315,000 Utility System: Water Revenue3,625,000 Sewer Revenue5,192,760 Water Impact Fees12,000 Sewer Impact Fees6,230 Utility R & R3,420,010 Stormwater Utility Revenue5,111,570 Gas Revenue4,000,000 CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2013/14 Exhibit A Ordinance No. 8477-13 Gas Revenue4,000,000 Solid Waste Revenue540,000 Recycling Revenue60,000 INTERNAL SERVICE FUNDS: Garage Revenue121,100 Administrative Services Revenue700,000 BORROWING - GENERAL SOURCES: Lease Purchase - General Fund240,000 BORROWING - SELF SUPPORTING FUNDS: Lease Purchase - Water & Sewer111,000 BORROWING - INTERNAL SERVICE FUNDS: Lease Purchase - Garage5,590,000 Lease Purchase - Administrative Services400,000 TOTAL ALL FUNDING SOURCES:$44,425,910 Ordinance No. 8477-13 Attachment number 2 \nPage 1 of 2 Item # 3 Budgeted Expenditures FUNCTION:2013/14 Fire Protection1,540,690 Major Street Maintenance3,408,640 Sidewalk and Bike Trails100,000 Intersections435,000 Parking305,000 Miscellaneous Engineering35,000 Parks Development1,060,000 Marine Facilities488,000 Airpark Facilities10,000 Libraries7,557,000 Garage5,911,100 Maintenance of Buildings441,910 Miscellaneous 1,055,000 Stormwater Utility5,111,570 Gas System 4,000,000 Solid Waste540,000 Utilities Miscellaneous20,000 Sewer System7,602,000 Water System4,745,000 Recycling60,000 Exhibit A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2013/14 Ordinance No. 8477-13 TOTAL PROJECT EXPENDITURES$44,425,910 Ordinance No. 8477-13 Attachment number 2 \nPage 2 of 2 Item # 3 Function2013/142014/152015/162016/172017/182018/19 Total Police Protection1,707,1501,707,150 Fire Protection1,540,6905,193,0501,526,3904,749,8202,736,0905,440,82021,186,860 Major Street Maintenance3,408,6403,288,8803,303,1205,314,7905,301,5405,301,54025,918,510 Sidewalk and Bike Trails100,000472,000472,000472,000472,000472,0002,460,000 Intersections435,000435,000435,000435,000435,000435,0002,610,000 Parking305,000225,000225,000225,000225,000225,0001,430,000 Miscellaneous Engineering35,00035,00035,00035,00035,00035,000210,000 Parks Development1,060,0001,792,5003,989,0003,537,0003,377,3404,900,00018,655,840 Marine Facilities488,000488,000488,000498,000503,000503,0002,968,000 Airpark Facilities10,00010,00010,00010,00010,00010,00060,000 Libraries7,557,000635,000635,000665,000665,000665,00010,822,000 Garage5,911,1003,102,1703,060,9703,120,9703,082,1903,144,66021,422,060 Maintenance of Buildings441,910363,470360,070376,720378,4201,685,1703,605,760 Miscellaneous 1,055,000795,000675,000675,000675,000705,0004,580,000 Stormwater Utility5,111,5707,054,8505,818,5505,825,1005,831,8606,325,95035,967,880 Gas System 4,000,0004,000,0004,000,0004,000,0004,000,0004,000,00024,000,000 Solid Waste540,000595,000585,000585,000585,000585,0003,475,000 Utilities Miscellaneous20,0005,0005,0005,0005,0005,00045,000 Sewer System7,602,0005,713,00023,740,00018,150,00040,500,00046,150,000141,855,000 Water System4,745,0008,017,1208,567,6303,000,0002,770,0002,700,00029,799,750 Recycling60,00060,00060,000135,000135,000150,000600,000 44,425,91043,987,19057,990,73051,814,40071,722,44083,438,140353,378,810 Exhibit B Schedule of Planned Expenditures CAPITAL IMPROVEMENT PROGRAM EXPENDITURE SUMMARY BY FUNCTION FY 2013-2014 THROUGH FY 2018-2019 CAPITAL IMPROVEMENT FUND CITY OF CLEARWATER Ordinance No. 8477-13Ordinance No. 8477-13 Attachment number 3 \nPage 1 of 1 Item # 3 Special City Council Agenda Council Chambers - CIty Hall Meeting Date:9/3/2013 SUBJECT / RECOMMENDATION: Approve the recommended Penny for Pinellas project list, as revised for Fiscal Years 2013/14 through 2019/20. SUMMARY: On March 6, 1997, the City Council adopted Ordinance 6137-97. The ordinance established the requirement for a special hearing prior to adoption of the capital improvement budget to discuss the use of Penny for Pinellas tax, and at any time in which there is any proposed change to the Penny for Pinellas project funding of $500,000 or more. Changes to the Penny for Pinellas projects that meet this criteria in the proposed 2013/14 capital improvement budget and six-year plan include the following: * The Downtown Intermodal Facility project has been decreased by $3 million, from $5,425,000 to $2,425,000. * The Citywide Seawall Replacement project has been decreased by $2,250,000, from $4,235,000 to $1,985,000. * The Traffic Calming project has been reduced by $ 1,500,000, from $2,940,000 to $1,440,000. * The Countryside Library Renovation project has been increased by $ 1,250,000, to provide a total amended budget of $6,250,000 for the Countryside Library project. * The Consolidated Eastside/SPC Library project has been decreased by $1,250,000 to allow excess funding to be allocated to the Countryside Library Renovation project, and provide a total amended budget of $6,250,000 for the Consolidated Eastside/SPC Library project. * The Neighborhood Parks Renovation project has been reduced by $500,000, from $5 million to $4.5 million to allow for the Moccasin Lake Park Master Plan Renovation project to be established in the amount of $400,000 which will provide improvements to the infrastructure at Moccasin Lake Nature Park; and to establish the Countryside Community Park Renovation project in the amount of $100,000 for the construction and refurbishment of basketball courts at this park. Review Approval:1) Office of Management and Budget 2) Legal 3) Clerk 4) Assistant City Manager 5) City Manager 6) Clerk Cover Memo Item # 4 CITY OF CLEARWATER NOTICE OF PUBLIC HEARING PENNY FOR PINELLAS PROJECTS CITY COUNCIL MEETING Tuesday, September 3, 2013 6:00 p.m. A public hearing will be held by the City of Clearwater, in City Council Chambers, in City Hall, 3rd floor, 112 South Osceola Avenue, Clearwater, Florida, regarding the Penny for Pinellas project list for fiscal years 2013/14 through 2019/20 totaling $58,976,591 to fund capital projects under the Penny for Pinellas Plan. Significant changes to the plan include: · The Downtown Intermodal Facility project has been decreased by $3.0 million, from $5,425,000 to $2,425,000. · The City-wide Seawall Replacement project has been decreased by $2,250,000, from $4,235,000 to $1,985,000. · The Traffic Calming project has been reduced by $1,500,000, from $2,940,000 to $1,440,000. · The Countryside Library Renovation project has been increased by $1,250,000, providing a total amended budget of $6,250,000 for the Countryside Library project. · The Consolidated Eastside/SPC Library project has been decreased by $1,250,000, to allow excess funding to be allocated to the Countryside Library Renovation project, providing a total amended budget of $6,250,000 for the Consolidated Eastside/SPC Library project. · The budget for the Neighborhood Parks Renovations project has been reduced by $500,000, from $5,000,000 to $4,500,000 to allow for the Moccasin Lake Park Master Plan Renovation project to be established in the amount of $400,000 which will provide improvements to the infrastructure at the Moccasin Lake park; and to establish the Countryside Community Park Renovation project in the amount of $100,000 for the construction and refurbishment of basketball courts at this park. Interested parties may appear and be heard at the hearing or file written notice of approval or objection with the City Clerk prior to the hearing. Any person who decides to appeal any decision made by the Council, with respect to any matter considered at such hearing, will need a record of the proceedings and, for such purpose, may need to ensure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based per Florida Statute 286.0105. All individuals speaking on public hearing items will be sworn in. Rosemarie Call, CMC City of Clearwater City Clerk P.O. Box 4748, Clearwater, FL 33758-4748 A COPY OF THIS AD IN LARGE PRINT IS AVAILABLE IN THE OFFICIAL RECORDS & LEGISLATIVE SERVICES DEPARTMENT. ANY PERSON WITH A DISABILITY REQUIRING REASONABLE ACCOMMODATION IN ORDER TO PARTICIPATE IN THIS MEETING SHOULD CALL THE OFFICIAL RECORDS & LEGISLATIVE SERVICES DEPARTMENT WITH THEIR REQUEST AT (727) 562-4090. Attachment number 1 \nPage 1 of 1 Item # 4 Penny III TotalPenny III Approved Proposed Revised Total ProjectsChangesProjects2013/142014/152015/162016/172017/182018/192019/20Approved Beginning Balance:3,109,600 2,855,239 3,282,041 8,065,096 8,853,189 14,346,028 15,114,627 3,109,600 8,632,543 8,891,519 9,158,265 9,433,013 9,716,003 10,007,483 4,231,940 60,070,766 Gulf Boulevard Reimbursement670,838 670,838 670,838 1,341,676 1,341,676 1,341,676 6,037,542 12,412,981 12,417,596 13,111,144 18,839,785 19,910,868 25,695,187 19,346,567 69,217,908 High Priority Downtown Intermodal Facility5,425,000 (3,000,000) 2,425,000 5,425,000 2,425,000 2,425,000 Police Vehicles600,000 600,000 200,000 200,000 100,000 100,000 600,000 Fire Engines1,100,500 1,100,500 528,680 571,820 1,100,500 Countryside Fire Station 3,697,910 3,697,910 400,000 3,297,910 3,697,910 Lakeview Fire Station4,198,460 4,198,460 400,000 3,798,460 4,198,460 Clearwater Beach Fire Station4,305,560 4,305,560 400,000 3,905,560 4,305,560 Medium Priority 283,000 283,000 283,000 283,000 283,000 283,000 287,000 City-wide Seawall Replacement4,235,000 (2,250,000) 1,985,000 605,000 605,000 605,000 605,000 605,000 605,000 605,000 1,985,000 170,000 170,000 170,000 170,000 170,000 170,000 Traffic Calming2,940,000 (1,500,000) 1,440,000 420,000 420,000 420,000 420,000 420,000 420,000 420,000 1,440,000 5,750,000 Consolidated "Eastside/SPC" Library7,000,000 (1,250,000) 5,750,000 7,000,000 5,750,000 Countryside Library Renovation- 1,250,000 1,250,000 1,250,000 1,250,000 Ruth Eckerd Hall500,000 500,000 500,000 500,000 Coachman Park Redevelopment5,000,000 5,000,000 5,000,000 5,000,000 New Sidewalk Construction2,833,250 2,833,250 472,000 472,000 472,000 472,000 472,000 473,250 2,833,250 Low Priority Downtown Streetscaping6,000,000 6,000,000 2,000,000 2,000,000 2,000,000 6,000,000 Youth Sports Fields Renovations1,989,840 1,989,840 239,840 1,750,000 1,989,840 Neighborhood Parks Renovations5,000,000 (500,000) 4,500,000 500,000 1,250,000 1,250,000 1,250,000 750,000 4,500,000 Moccasin Lake Park Master Plan Renov400,000 400,000 400,000 400,000 Countryside Community Park Renovations100,000 100,000 100,000 100,000 Joe DiMaggio Press Box & Storage268,500 268,500 268,500 268,500 EC Moore 8 & 9 Renovations/Press Box175,000 175,000 175,000 175,000 Frank Tack Park Parking Lot399,500 399,500 399,500 399,500 Countryside Plex Restroom/Concession656,500 656,500 656,500 656,500 Bicycle Paths-Bridges3,000,000 3,000,000 750,000 750,000 750,000 750,000 3,000,000 Total Penny III Projects59,325,020 (6,750,000) 52,575,020 Debt Costs First Station #45 - Principal2,761,177 2,761,177 670,838 670,838 670,838 748,663 2,761,177 First Station #45 - Interest140,394 140,394 55,224 41,807 28,390 14,973 140,394 Capitol Theatre - (To repay Central Ins Fund)3,500,000 3,500,000 3,500,000 3,500,000 65,726,591 (6,750,000) 58,976,591 9,557,742 9,135,555 5,046,048 9,986,596 5,564,840 10,580,560 9,105,250 58,976,591 2,855,2393,282,0418,065,0968,853,18914,346,02815,114,62710,241,31710,241,317Estimated Available Balance Penny III Proceeds Penny for Pinellas - Proposed Funding Changes Planned Project Expenditures Estimated Revenue Fiscal Years 2013/14 - 2019/20 Attachment number 2 \nPage 1 of 1 Item # 4