Fort Walton Beach Council agenda — 09-04-13--public hearing-budget — reading text

Agenda — City of Fort Walton Beach Special Meeting of the City Council of Fort Walton Beach Wednesday, September 4, 2013 5: 30 PM Im Mimcle strip Packwav Iii Walton Beach, FL 32548 1. CALL TO ORDER 5: 30 PM Meeting will be called to order on September 4, 2013 at Council Chamber, 107 Miracle Strip Parkway, Fort Walton Beach, FL. 2. PLEDGE OF ALLEGIANCE 3. PUBLIC COMMENTS 4. RESOLUTIONS 4. 1. 2013 -23 - FY 2013 -14 Tentative Millage Rate A RESOLUTION OF THE CITY OF FORT WALTON BEACH, FLORIDA, ADOPTING THE TENTATIVE MILLAGE RATE FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2013 AND ENDING SEPTEMBER 30, 2014; AND PROVIDING AN EFFECTIVE DATE Synopsis: ( Budget and Grants Manager) Resolution 2013 -23 sets the tentative millage ( property tax) rate for FY 2013 -14 at 5. 7907 mills. AT"rAC161ENTS: 0904 -13 Tenphve FY 13 - 14 Milk, Script ( DOCX) 4. 2. 2013 -24 - FY 2013 - 14 Tentative Budget A RESOLUTION OF THE CITY OF FORT WALTON BEACH, FLORIDA, ADOPTING THE TENTATIVE BUDGET FOR CERTAIN EXPENDITURES, EXPENSES, CAPITAL IMPROVEMENTS AND CERTAIN INDEBTEDNESS FOR THE CITY OF FORT WALTON BEACH, FLORIDA, FOR THE YEAR BEGINNING OCTOBER 1, 2013 AND ENDING SEPTEMBER 30, 2014; AND PROVIDING AN EFFECTIVE DATE. Synopsis: ( Budget and Grants Manager) Resolution 2013 -24 adopts the tentative budget for FY 2013 - 14. The proposed millage rate is 5. 7907 mills. Ari ACUMENTS: 09. 04 - 13 Tentative FY 13 - 14 Budget Script ( DOCX) 5. ADJOURNMENT ird" I Vrinred 82920/ 3 Ci v Caunci1, f F, o Walton Reach Special Meeting Agenda September 4, 2013 Quasi -Judicial — denotes that the item must be conducted as a quasi -judicial hearing in accordance with Florida Statutes. Action —Direction —Discussion items may be acted upon by the City Council by either a motion with a vote in accordance with Robert' s Rules of Order, or by a consensus of the Council. Any person who decides to appeal any decision made with respect to any matter at this meeting 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. ( Chapter 286. 01105, F. S.) The City of Fort Walton Beach adheres to the Americans with Disabilities Act and will make reasonable modifications for access to this meeting upon request. Please call City Clerk Helen Spencer at 833 -9509 to make a request. For Hearing Impaired dial the City Hall TOO # 850 -833- 9925 or 1- 800 -995 -8771 ( TDD) or 1- 800 -955 -8770 ( Voice). Requests must be received at least 48 hours in advance of the meeting in order to allow the City time to provide requested service. All City of Fort Walton Beach council and board meetings are recorded. The video can be accessed at www.fwb. org. Page 2 Printed & 2941113 City Council of For, Walton Beach  a' City Council of Fort Walton Beach FINANCE MEMORANDUM To: Michael D. Beedie, City Manager From: Charlotte Dunworth, Budget and Grants Manager Date: September 4, 2013 Subject: 2013 -23 - FY 2013 - 14 Tentative Millage Rate 1. 1. 1. Chapter 200 " Determination of Millage" of the Florida Statutes sets a statutory timetable for the calculation and notification to the public of the process to set ad valorem tax millage rates and adopt a budget. 1. 2. The City shall between 65 - 80 days from when the Property Appraiser certifies the value of real property in the City of Fort Walton Beach ( July I" or actual date, whichever is later) hold a public hearing on the tentative millage and budget. The City' s property value was certified on June 21, 2013, and therefore the public hearing must be held during September 3' — 18' h. 2. DISCUSSION: 2. 1. The 2013 gross taxable property value for operating purposes is $ 1, 128, 838, 962, an increase of $9, 422, 988 or 0. 8% from the 2012 final gross taxable property value of 1, 119, 415, 974. 2. 2. Per Section 200. 065( 1) of the Florida Statutes, the rolled -back millage rate is defined as the millage rate that would produce the same amount of ad valorem tax revenue as was levied during the prior year - exclusive of CRA dedicated increment value, new construction, deletions, and boundary changes. The rolled -back rate is 4. 5180 mills. 2. 3. Per Section 200. 065( 5) of the Florida Statutes, the maximum millage rate that may be levied is determined by the number of affirmative votes of the members of the governing body. 19 2013 14 Ad Varian¢ rmm Varuna FOm Maeim= Valorem Cu cnt Millage FY 201213 Revenue of4. 5383 R— num Method of Adupdon Mi11ag u—, Mdl., 45383 $ 4, 866, 860 n/ a $ 62, 865 Proposal BWga 5. 7907 $ 6, 209, 930 $ 1, 343, 070 $ 1. 405, 935 M,. V Vote 6. 8020 57, 294445 $ 2,427, 585 $ 2,490, 450 4 vo¢ s) Two -rur Vote 7, 4822 $ 8, 023, 889 $ 3, 157, 029 $ 3. 219, 894 5 v. O LSiar, imnvv Vnm or grmta Nai grcala Nan aIn- 24822 gmmotM1m Votes Referendum $ 8} 123, 889 $ 3, 157, 029 53, 219, 894 2. 4. Per Section 200.065( 6) of the Florida Statutes, municipalities may administratively DOC ID: 24X7 Page I  41 RESOLUTION 2013 - 23 adjust the adopted millage rate without a public hearing if the final taxable value varies by more than one percent from the preliminary taxable value. The taxes computed by applying the adjusted rate to the final taxable value must equal the taxes computed by applying the adopted rate to the preliminary taxable value. The City' s variance does not typically exceed one percent. 3. 3. 1. Staff respectfully recommends City Council adoption of Resolution 2013 -23 to adopt the tentative millage rate for the fiscal year October 1, 2013 through September 30, 2014. As the Department of Revenue requires specific language and procedures, a script for the Mayor to follow is attached. 3. 2. Staff respectfully recommends City Council authorization for the City Manager to administratively adjust the adopted millage rate without a public hearing if the final taxable value varies by more than one percent from the preliminary taxable value, provided that the total taxes generated remains unchanged. Staff does not anticipate this being necessary. ATTACHMENTS: 09 -04 - 13 Tentative FY 13 - 14 Millage Script ( DOCX) SIGNATURE BLOCK: Charlotte Dunworth Completed 08/ 27/ 2013 4: 22 PM Finance Completed 08/ 28/ 2013 8: 55 AM Carole Jones Completed 08/ 28/ 2013 3: 33 PM City Manager Completed 08/ 29/ 2013 11: 42 AM City Council Pending  F-4.17 RESOLUTION 2013 - 23 A RESOLUTION OF THE CITY OF FORT WALTON BEACH, FLORIDA, ADOPTING THE TENTATIVE MILLAGE RATE FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2013 AND ENDING SEPTEMBER 30, 2014; AND PROVIDING AN EFFECTIVE DATE Section 1. Purpose The City of Fort Walton Beach held a public budget meeting on August 12, 2013 to discuss the FY 2013 -14 budget. The City held a public budget hearing on September 4, 2013 as required by Section 200. 065 of the Florida Statutes. The Okaloosa County Property Appraiser has certified that the gross taxable value for operating purposes not exempt from taxation within the City of Fort Walton Beach is $ 1, 128, 838, 962. Section 2. Millage Rate The City hereby tentatively sets the FY 2013 -14 operating millage rate at 5. 7907 mills, which is 28. 17% more than the rolled -back rate of 4. 5180 mills. There is no voted debt service millage. Section 3. Effective Date This resolution shall take effect immediately upon approval by the City Council. Mike Anderson, Mayor Attest: Approved for form, legal sufficiency Helen Spencer, City Clerk Hayward Dykes, Jr., City Attorney S  TENTATIVE MILLAGE Script for Public Hearing on Millage Rate a Mayor: State the following: The tentative millage rate for the City of Fort Walton Beach for FY 2013- vm 14 is 5. 7907 mills, which is 28. 17% above the rolled -back rate of 4. 5180 mills. The rolled -back rate is the millage rate that will provide the same ad valorem tax revenue as was levied during the prior year. m