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Agenda Item: 3 |
Prepared By: David Harden |
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Business: Budget |
Department: Executive |
Subject:
Title
City of Marco Island Budget Workshop - Part lII
Body
BACKGROUND:
The City Council has held previous workshops on the Capital Improvement Program in May and the Operating budget in June. Based on the direction received from Council at these two work sessions the following action was taken and changes made:
1. All revenue estimates were reviewed. Those which were considered overly conservative were increased.
2. A second series of meetings was held with all department heads to review their budget requests. Subsequently a third review was done of all expenditure requests and reductions were made throughout the budget where it was considered prudent to do so. In addition, a position in IT is being held open for six months and it is assumed that, on average, one Police Officer position will be vacant all year.
3. After these two steps, adjustments were made in the budgets previously presented to Council, all with keeping the millage at the roll back rate:
a. $120,000 from the Available Balance in Fleet replacement funds was allocated for purchase of the Hydraulic Excavator (small tracked backhoe) for Public Works
b. $130,000 for Fuel Supply Tanks was funded by increasing the transfer from the General Fund to the CIP.
c. $38,000 for repaving the walking path in Leigh Plummer Park was funded by increasing the transfer from the General Fund to the CIP.
d. The Legal budget was increased to a more realistic $400,000 ($385,000 in the General Fund and $15,000 in the Water & Sewer Fund).
e. The existing water quality testing protocol was increased to $36,000 to increase testing from 12 sites quarterly to 14 sites monthly.
f. $100,000 was added for a new water quality testing protocol to identify the primary sources of nitrogen and phosphorus entering the canals.
g. $100,000 was added to begin a program for reshaping swales and raising storm sewer inlets in swales.
h. $73,000 was added to Growth Management to fund an additional Planner I or Planning/Zoning technician in order to expedite issuance of building permits.
i. $90,210 was added to create a position of Fleet/Facilities/Emergency Manager
j. $5,000 was put into the Growth Management budget for the Borrowing Owl Incentive Program plus a number of smaller additions made in response to requests from department heads and advisory committees as detailed on the attached request summaries
Also attached you will find updated summaries of expenses and revenues, along with the forms from the Property Appraiser which needed to be completed and approved in the Council meeting Monday evening to establish the proposed millage. This proposed millage will then be used to notify each property owner in the City what their proposed taxes are for this year.
Bear in mind that the reduction in the Communications Service Tax rate is reducing taxes on our residents by $298,000 for Fiscal 2020. With this in mind, I recommend increasing the property tax by 0.007 above the rollback rate in order to fund updating the Comprehensive Plan. Additional funding could also be provided from this source for tree replacement, as recommended by the Beautification Advisory Committee, and for Swale and Storm Water Inlet improvements as requested by staff and recommended by the Waterways Advisory Committee.
FUNDING SOURCE / FISCAL IMPACT: Fiscal Year 2020 Operating and Capital Budgets
RECOMMENDATION: Staff recommends the departmental budgets presented based on the current level of service with the additions and improvements outlined above.