Fort Walton Beach Council agenda — 09-06-06 ‎(special-budget)‎ — reading text

Florida. this the 29th d~ of June ., 20~. TAXING AUTHORITY: If this portion of the form is not completed in FULL your Authority will be denied TRIM certification and possibly lose its millage levy privilege for the tax year. If any line is inapplicable, enter N/ A or -0-. SECTION II 8) Prior Year Operating Millage Levy 4. 9700 per $ 1, 000 9) Prior Year Ad Valorem Proceeds ( 7) x ( 8) 5, 465, 329 4. 0746 10) Current Year Rolled- Back Rate ( 9) divided by ( 6) per $ 1, 000 11) Current Year Proposed Operating Millage Rate 4. 9700 per $ 1, 000 12) Check TYPE of Taxing Authority: CJ County CJ Oependent District c= J Municipal Service Taxing Unit Municipality J Special District CJ Multi- County c= Independent J Water Management District c= 13) IF DEPENDENT SPECIAL DISTRICT OR MSTU IS MARKED, PLEASE SEE REVERSE SIDE. 14) Current Year Millage Levy for VOTED DEBT SERVICE $ per $ 1, 000 15) Current Year Millage Levy for OTHER VOTED MILLAGE $ per $ 1 , 000 DEPENDENT SPECIAL DIST~ ICTS SKIP Jines ( 16) through ( 22)- j 16) Enter Total Prior Year Ad Valorem Proceeds of ALL DEPENDENT Special Districts and MSTU' s levying a millage. ( The sum of Line ( 9) from each District' s Form DR- 420) 5, 465, 329 17) Total Prior Year Proceeds: ( 9) + ( 16) 4. 0746 per $ 1 , 000 18) The Current Year Aggregate Rolled- back Rate: ( 17) divided by ( 6) 19) Current Year Aggregate Rolled- back Taxes: ( 4) x ( 18) 5, 556. 976 20) Enter Total of all non- voted Ad Valorem Taxes proposed to be levied by the Principal 6, 778, 130 1 Taxing Authority, all Dependent Districts, and MSTU' s if any. Line ( 11) x Line ( 4) 4. 9700 per $ 1, 000 21) Current Year Proposed Aggregate Millage Rate: ( 20) divided by ( 4) 22) Current Year Proposed Rate as a PERCENT CHANGE of Rolled- back Rate: 21. 98 Line 21 divided by Line 18) - 1. 00J x 100 Wednesday, September 6, 2006 at 5: 30pm Date, Time and Place of the first Public Budget Hearing: City Council Chambers, 107 Miracle Strip Parkway, Fort Walton Beach, FL 32548 I do hereby certify the millages and rates shown herein to be correct to the best of my knowledge and belief. FURTHER, I certify that all millages comply with the provisions of Section 200. 071 or 200. 081, F.S. WITNESS my hand and official signature at F art Walton Beach _ , 2nd llRt , 20~ Florida, this the day of Alll) Joyce Shanahan 107 Miracle FL 32548 Cit Mana er Strip Parkway, FWB. ig atu of Chief Administrative Officer and Title Address of Physical Location P Box 4009 Charlotte Dunworth Name of Contact Person 850) 833- 9521 850) 833- 9640 Beach, FL 32549 State Phone # Fax# City Zip See Instructions on Reverse Side  CITY COUNCIL SPECIAL MEETING Se tember 6, 2006 Public Hearing r Consideration of Ordinance 1711 adopting the budget I I I for the City of Fort Walton Beach for FY 2006/ 07 I I i I I( First Reading) ( City Manager) L J Agenda Item Number: PH- 2  CITY OF FORT WALTON BEACH Memorandum TO: Joyce Shanahan, City Manager 11 "' FROM: Charlotte Dunworth, Financial Analyst lJV RE: Budget Adoption for FY 2006- 07 DATE: Septem ber 1, 2006 Backaround In compliance with City Charter Section 17, the City Manager is to prepare and submit to Council the annual budget identifying expenditures and revenues in sufficient amounts to cover all appropriations. Discussion The City Manager' s proposed FY 2006- 07 budget was presented to Council at budget workshops during the week of August 14, 2006. While the proposed budget was prepared at a millage rate of 4. 6458, Council consensus at the workshops was to maintain the millage rate at 4. 9700 mills. The attached proposed budget reflects a 4. 97 millage rate, elimination of the Administrative Services reclassification and HR Manager position, the City Clerk' s salary increase, additional funds based on a revised insurance premium notification, decreasing Fire Station 7 expense from 1st year debt service to design and engineering, inclusion of the 2nd year of the Waterfronts Florida grant, funding the Chamber' s Downtown Business Plan in lieu of Main Street, renewal and replacement in lieu of water/ sewer line replacements ( budgeted as bond carryover), and a reduction in CRA TIF funding based on Okaloosa County lowering the millage rate. The proposed budget for FY 2006- 07 totals $ 37, 679, 830. In addition, a preliminary list of projects andencumbrances ( open purchase orders) identified for carryover is included. These amounts will be finalized at the second reading of the budget ordinance. Carryovers are projects andlor open purchase orders that are incomplete as of September 30, 2006 and will be continued and made part of the FY 2006-07 appropriations. These include the Urban Forestry Hurricane grant, Sound Park improvements, utility bond water and sewer system improvements, and the reuse water line with Hurlburt Field to name just a few. These projects were authorized, budgeted, and appropriated by Council in a prior fiscal year and are carried forward and funded with the corresponding revenue appropriations of the prior year. Recommendation Staff respectfully requests that City Council adopt Ordinance 1711 on first reading for fiscal year October 1, 2006 through September 30, 2007, with the budget document and list of project and encumbrance carryovers as attachments. As the Department of Revenue requires specific language and procedures, the following is proposed: 1. City Attorney shall read Ordinance by Title. 2. Mayor shall open the Public Hearing and ask for comments. 3. Mayor shall close the Public Hearing. 4. Mayor shall ask for a Motion as follows: Move to approve Ordinance 1711 on first reading. 5. Mayor shall ask for Council discussion. 6. Mayor shall ask for Vote. 7. Upon adoption of the motion, the Mayor shall announce: The budget is adopted on first reading with the proposed millage of 4. 9700 mills, which is 21. 98% above the rollback rate of 4. 0746 mills. The 21. 98% increase is the percentage increase in property taxes. The proposed budget for the City of Fort Walton Beach is subject to a second and final public hearing that will be held here at the City of Fort Walton Beach Council Chambers on Wednesday, September 20, 2005 at 5: 30pm. 1 of 2 p~--  r Do Not Concur Hold for Discussion Attachments: Ordinance 1711 Budget Carry Over Listing - 09/01/ 06 Preliminary Encumbrance Listing - 08/ 31/ 06 City of Fort Walton Beach Proposed Budget 2006- 2007 u:\ finance\ budget 06-07\ budget wOrkshop - august\ 9-6 budget staff report. doc 2 of 2  PROPOSED BUDGET Script for Public Hearing on Proposed Budget City Attorney: Read Ordinance 1711 by Title: AN ORDINANCE OF THE CITY OF FORT WALTON BEACH MAKlNG APPROPRIATIONS FOR CERTAIN EXPENDITURES, EXPENSES, CAPITAL IMPROVEMENTS AND CERTAIN INDEBTEDNESS OF THE CITY OF FORT WALTON BEACH, FLORIDA, FOR THE YEAR BEGINNING OCTOBER 1, 2006 AND ENDING SEPTEMBER 30, 2007; AND PROVIDING FOR AN EFFECTIVE DATE. Mayor: Open the Public Hearing and ask for comments on Ordinance 1711 establishing the budget for the City of Fort Walton Beach for the Fiscal Year beginning October 1, 2006 and ending September 30, 2007. Mayor: Close the Public Hearing. Mayor: Ask for a Motion and Second to approve the Ordinance by title, on first reading. Mayor: Ask for Council Discussion. Mayor: Ask for a Vote on Ordinance 1711. Mayor: Upon adoption of the Ordinance, the