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HomeMy Public PortalAbout09 14 18 Budget MeetingMINUTES OF THE PUBLIC HEARING HELD BY THE TOWN COMMISSION OF THE TOWN OF GULF STREAM ON FRIDAY, SEPTEMBER 14, 2018 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 meeting to order at 5:01 P.M. II. Roll Call. Present and Participating Also Present & Participating: Absent W/Notice: Scott W. Morgan Thomas W. Stanley Paul Lyons, Jr. Joan K. Orthwein Donna S. White Gregory Dunham Edward Nazzaro Edward Allen Rita Taylor John Randolph Mayor Vice Mayor Commissioner Commissioner Commissioner Town Manager Staff Attorney Police Chief Town Clerk Town Attorney III. Presentation of the Proposed Budget and Proposed Millage Rate for Fiscal Year 2018-2019. A. Explanation and discussion of Proposed Millage Rate as compared to the rolled back rate. Town Manager Dunham pointed out that the proposed millage Rate is 4.05 mills which is below the 2019 rolled back rate of 4.0599 and the prior year (2018) millage rate was 4.36 mills. He said the prior year (2018) ad valorem proceeds for operations was $4,602,628 as compared to the Ad Valorem proceeds at the proposed millage rate for 2019 operations of $4,618,123. Mr. Dunham then pointed out that the final gross taxable value for Gulf Stream for calendar year 2017 was $1,055,648,517 as compared to the estimated gross taxable value for calendar year 2018 of $1,140,277,234. He said that none of these figures have changed since the budget was presented in July 2018. Commissioner Lyons asked why the revenue for inspections is only shown at $300,000 when there was a much larger amount shown as collected the previous year. Ms. Tew explained that these figures are actually those of the Delray Building Dept. but the law requires that we show them in our records as well even though Gulf Stream has never touched this money. She added that the same amounts are expensed out in the budget. Commissioner White, referring to the Penny Sales Tax, asked why it was shown on page 7 as $60,400 and on page 3 as $71,000. It was pointed out that these are two different tax sources, the Penny Sales Tax and the Local Government Half Cent Sales Tax. Commissioner Lyons noted that the Town Manager had stated that the Town would be spending about $200,000 on planning and design in the CIP project with no actual construction in this fiscal year. He asked that if the planning and design were to be completed early could the construction commence earlier than is being planned to which Mr. Dunham replied that this is a fluid document and most certainly the dates are Town Commission Budget Public Hearing Held On 9-14-18 @ 5:01 P.M. flexible. He added that some budget amendments would be necessary but this could most certainly be done. Mayor Morgan summarized the budget document totals as $5,575,223 for the General Fund, $1,209,372 for the Water Fund, and $60,400 for the Penny Sales Tax Fund. B. Comment from the Commission and the public. Mayor Morgan asked if there were any questions from the Public or additional questions from the Commission and there were none. IV. Adoption of the General Fund Tentative Millage Rate for Fiscal Year 2018-2019. Vice Mayor Stanley moved to approve the adoption of the General Fund Tentative Millage Rate of 4.05 mills for fiscal year 2018/2019 and Commissioner Orthwein seconded the motion with all voting AYE. V. Adoption of the Tentative Budget for Fiscal Year 2018-2019. A. General Fund Vice Mayor Stanley moved to adopt the General Fund Tentative Budget in the amount of $5,575,223 for Fiscal Year 2018/2019 and the motion was seconded by Commissioner Orthwein with all voting AYE. B. Enterprise Fund (Water) A motion was made by Vice Mayor Stanley to adopt the Enterprise Fund (water fund) Tentative Budget in the amount of $1,209,372 for Fiscal Year 2018/2019 and seconded by Commissioner Orthwein. All voted AYE at the roll call. C. Penny Sales Tax Fund Vice Mayor Stanley then moved to adopt the Penny Sales Tax Fund Tentative Budget for Fiscal Year 2018/2019 in the amount of $60,400 which was seconded by Commissioner Orthwein with all voting AYE. VI. Public Hearing Date for Final Adoption of Millage Rate & Budget. Commissioner Orthwein moved that the Public Hearing for Final Adoption of Millage Rate and Budgets for Fiscal Year 2018/2019 be held on September 19, 2018 at 5:01 P.M. The motion was seconded by Vice Mayor Stanley and all voted AYE. VII. Resolutions. A. No. 018-05; A RESOLUTION OF THE TOWN COMMISSION OF THE TOWN OF GULF STREAM, PALM BEACH COUNTY, FLORIDA, ADOPTING THE TENTATIVE LEVYING OF AD VALOREM TAXES FOR THE TOWN OF GULF STREAM GENERAL FUND FOR FISCAL YEAR COMMENCING ON OCTOBER 1, 2018 AND ENDING ON SEPTEMBER 30, 2019; PROVIDING FOR AN EFFECTIVE DATE The Town Clerk read Resolution No. 18-05 in its entirety after which Commissioner Orthwein moved for its adoption. Vice Mayor Stanley seconded the motion and all voted AYE at roll call. B. No. 018-06; A RESOLUTION OF THE TOWN COMMISSION OF THE TOWN OF GULF STREAM, PALM BEACH COUNTY, FLORIDA, ADOPTING THE GENERAL FUND TENTATIVE BUDGET FOR THE TOWN OF GULF STREAM FOR 2 Town Commission Budget Public Hearing Held On 9-14-18 @ 5:01 P.M. THE FISCAL YEAR COMMENCING ON OCTOBER 1, 2018 AND ENDING ON SEPTEMBER 30, 2019; PROVIDING FOR AN EFFECTIVE DATE. Town Clerk Taylor then read Resolution No. 18-06 in its entirety. Commissioner Orthwein moved to adopt Resolution No. 18-06 with Vice Mayor Stanley seconding the motion and all voting AYE. C. No. 018-07; A RESOLUTION OF THE TOWN COMMISSION OF THE TOWN OF GULF STREAM, PALM BEACH COUNTY, FLORIDA, ADOPTING THE WATER FUND TENTATIVE BUDGET FOR THE TOWN OF GULF STREAM FOR THE FISCAL YEAR COMMENCING ON OCTOBER 1, 2018 AND ENDING ON SEPTEMBER 30, 2019; PROVIDING FOR AN EFFECTIVE DATE. Resolution No. 18-07 was read by the Town Clerk in its entirety after which Commissioner Orthwein moved for the adoption of Resolution No. 18-07 and Vice Mayor Stanley seconded the motion. All voted AYE. D. No. 018-08; A RESOLUTION OF THE TOWN COMMISSION OF THE TOWN OF GULF STREAM, PALM BEACH COUNTY FLORIDA, ADOPTING THE PENNY SALES TAX FUND TENTATIVE BUDGET FOR THE TOWN OF GULF STREAM FOR THE FISCAL YEAR COMMENCING ON OCTOBER 1, 2018 AND ENDING ON SEPTEMBER 30, 2019; PROVIDING FOR AN EFFECTIVE DATE. Town Clerk Taylor then read Resolution No. 18-08 in its entirety. Commissioner Orthwein moved and Vice Mayor Stanley seconded for the adoption of Resolution No. 18-08 with all voting AYE at the roll call. VIII. Adjournment. Mayor Morgan adjourned the meeting at 5:25 P.M. Rita L. Taylor Town Clerk 3