HomeMy Public PortalAbout09 20 16 Budget MeetingMINUTES OF THE PUBLIC HEARING HELD BY THE TOWN COMMISSION OF THE TOWN OF
GULF STREAM ON TUESDAY, SEPTEMBER 20, 2016 AT 5:01 P.M. IN THE WILLIAM
F. KOCH, JR. COMMISSION CHAMBERS OF THE TOWN HALL, 100 SEA ROAD, GULF
STREAM, FLORIDA.
I. Call to Order.
Mayor Morgan Called the public hearing to
order at 5:01 P.M.
® II. Pledge of Allegiance.
The Mayor led the
Pledge of Allegiance.
III. Roll Call.
Present and
Scott W. Morgan
Mayor
Participating:
Thomas M. Stanley
Vice Mayor
Paul A. Lyons, Jr.
Commissioner
Joan K. Orthwein
Commissioner
Donna S. White
Commissioner
Also Present &
William Thrasher
Town Manager
Participating:
Rita Taylor
Town Clerk
Edward Allen
Acting Police Chief
Christopher O'Hare
Town Resident
Absent W/notice:
John Randolph
Town Attorney
IV. Consideration of Adopted Tentative Millage Rate and Adopted
Tentative Budget for Fiscal Year 2016-2017
A. Explanation and discussion of Tentative Millage Rate as
compared to the rolled back rate.
Town Manager Thrasher stated this is a balanced budget with revenues
equaling expenditures in the amount of $6,371,242, with the ad valorem
revenue based upon a taxable value of $1,020,616,589 created by a
millage rate of 4.4900 which is 5.84% below the calculated rolled back
rate of 4.7684 mills. He said the capital expenditures for all
departments are just under one million dollars and a 2.5% increase in
payroll wages based on merit is provided.
B. Comment from the Commission and the public.
Christopher O'Hare had questions regarding some of the listings of
contracts/agreements with attorneys and they were answered by Mayor
Morgan. Mr. O'Hare then suggested that the Town consider adding an
office trailer on the property to house additional personnel to handle
public records which appears to be needed and the Mayor thanked him for
the suggestion, adding that this had not been previously suggested.
OV. Adoption of the General Fund FINAL Millage Rate for Fiscal
Year 2016-2017.
Vice Mayor Stanley moved to adopt the General Fund Final Millage Rate
for Fiscal Year 2016-2017 in the amount of 4.4900 which is 5.84% below
the rolled back rate. Commissioner Orthwein seconded the motion and all
voted AYE at the roll call.
VI. Adoption of the FINAL BUDGETS for Fiscal Year 2016-2017.
A. General Fund
1
Town Commission Final
Budget Hearing, September
20, 2016 at 5:01 P.M.
Vice Mayor Stanley moved to adopt the Final Budget for Fiscal Year 2016-
2017 for the General Fund with a balanced budget in the amount of
$6,371,242 and the motion was seconded by Commissioner Orthwein. All
voted AYE at roll call.
B. Enterprise Fund (Water)
Vice Mayor Stanley then moved to adopt the Final Budget for Fiscal Year
2016-2017 for the Enterprise Fund in the amount of $1,172,000 with
is
Commissioner Orthwein seconding the motion and all voting AYE.
VII. Resolutions.
A. No. 16-7; A RESOLUTION OF THE TOWN COMMISSION OF THE TOWN OF
GULF STREAM, PALM BEACH COUNTY, FLORIDA, ADOPTING THE FINAL
LEVYING OF AD VALOREM TAXES FOR THE TOWN OF GULF STREAM
GENERAL FUND FOR FISCAL YEAR COMMENCING ON OCTOBER 1, 2016 AND
ENDING ON SEPTEMBER 30, 2017; PROVIDING FOR AN EFFECTIVE DATE.
The Town Clerk read Resolution No. 16-7 in its entirety.
Commissioner Orthwein moved to approve Resolution No. 16-7, Vice Mayor
Stanley seconded the motion and all voted AYE at the roll call.
B. No. 16-8; A RESOLUTION OF THE TOWN COMMISSION OF THE TOWN OF
GULF STREAM, PALM BEACH COUNTY, FLORIDA, ADOPTING THE GENERAL
FUND FINAL BUDGET FOR THE TOWN OF GULF STREAM FOR THE FISCAL
YEAR COMMENCING ON OCTOBER 1, 2016 AND ENDING ON SEPTEMBER 30,
2017; PROVIDING FOR AN EFFECTIVE DATE.
Town Clerk Taylor read Resolution No. 16-8 in its entirety.
Commissioner Orthwein moved for the adoption of Resolution No. 16-8 and
the motion was seconded by Vice Mayor Stanley with all voting AYE at the
roll call.
C. No. 16-9; A RESOLUTION OF THE TOWN COMMISSION OF THE TOWN OF
GULF STREAM, PALM BEACH COUNTY, FLORIDA, ADOPTING THE WATER
FUND FINAL BUDGET FOR THE TOWN OF GULF STREAM FOR THE FISCAL
YEAR COMMENCING ON OCTOBER 1, 2016 AND ENDING ON SEPTEMBER 30,
2017; PROVIDING FOR AN EFFECTIVE DATE.
The Town Clerk read Resolution No. 16-9 in its entirety.
Commissioner Orthwein moved to approve Resolution No. 16-9 with Vice
Mayor Stanley seconding the motion and all voting AYE at roll call.
Mayor Morgan thanked the Staff, and especially Town Manager Thrasher,
for the work in putting this budget together which meets the obligations
of the Town, including the Phase 2 Undergrounding, adds to the reserves
and reduces the property tax rate by over one half mill, a job well
G done.
VIII. Adjournment.
Mayor Morgan adjourned the meeting at 5:15 P.M.
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Rita L. Tayloo
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Town Clerk 2