HomeMy Public PortalAbout2006-09-19 Second Budget HearingCOUNCIL MINUTES
SECOND BUDGET HEARING - SEPTEMBER 19, 2006
The Second Budget Hearing of Bal Harbour Village was held on Tuesday, September 19,
2006, at the Sea View Hotel (9909 Collins Avenue, Bal Harbour, Florida).
1. CALL TO ORDER/ROLL CALL: The meeting was called to order at
5:13 p.m. by Mayor Roth. The following were present:
Mayor Seymour "Sy" Roth
Assistant Mayor Howard J. Berlin
Councilman Joel S. Jacobi
Councilman Jean Rosenfield
Councilman Jaime M. Sanz
Alfred J. Treppeda, Village Manager
Ellisa Horvath, CMC, Village Clerk
Andrea Greenblatt, Admin. Assistant
David M. Wolpin, Village Attorney
As a quorum was determined to be present, the meeting commenced.
2. ANNOUNCEMENT: Mrs. Horvath announced that the Bal Harbour Village
rolled -back millage rate is 2.4714 mills and that the proposed millage rate is 2.902 mills,
which is 17.42% greater than the rolled -back rate.
3. DISCUSSION OF PROPOSED TAX MILLAGE RATE AND
DISCUSSION OF PROPOSED BUDGET:
Mayor Roth opened the meeting for public discussion. There being no discussion, the
meeting continued.
4. RESOLUTION - ADOPTION OF THE FINAL MILLAGE RATE:
The following resolution was read by title, by Mrs. Horvath:
A RESOLUTION OF BAL HARBOUR VILLAGE, FLORIDA, ADOPTING A FINAL
MILLAGE RATE FOR FISCAL YEAR 2006/2007; PROVIDING FOR AN
EFFECTIVE DATE.
Mayor Roth opened the meeting for public discussion. He noted that the millage rate is the
same as last year.
Dina Cellini, resident— 211 Bal Cross Drive, discussed the Security District budget. She
noted that Mr. Treppeda has advised that the District has a surplus account and any money
not used during the prior year is set aside in that fund, separate from the Contingency
Fund. She explained that Mr. Treppeda reported that by September 30, 2006 that fund
would have approximately $200,000-$250,000 in it. Mr. Treppeda noted that the last audit
showed it at $204,000 and additional money may be placed in the fund balance after the
end of the fiscal year. Ms. Cellini suggested that the fund balance not be increased each
Bal Harbour Village Council Meeting - Second Budget Hearing 09/19/2006 1
year, without someone looking at it, because it's close to the entire budget range
($312,000). She suggested that Mr. Treppeda be directed to reduce the fund balance next
year and to put some money back in the operating budget, to reduce the assessment next
year. She doesn't see the need to keep so much money in the fund balance.
Mr. Treppeda noted that some of the fund balance ($80,984) is being used in the
2006/2007 budget, as part of the revenue, and that was also done in the present year
(2005/2006). He thinks that six months of operating revenue is a good amount to be kept in
the fund balance. Mayor Roth noted that if it gets too high, such as Ms. Cellini has
indicated, then it can be adjusted.
Gabriela Webster, resident - 30 Park Drive, questioned if that money is in a separate
interest bearing escrow account or only in an operating fund. Mr. Treppeda noted that it's in
a separate account. Mayor Roth explained that it's an interest -bearing account.
There being no additional comments, Mayor Roth closed the meeting for public discussion.
A motion was offered by Councilman Rosenfield and seconded by Councilman Jacobi to approve.
The motion carried unanimously (5-0), Thus becoming Resolution No. 690.
5. ORDINANCE SECOND READING/PUBLIC HEARING: The
following ordinance was read by title, by Mrs. Horvath:
ORDINANCE OF BAL HARBOUR VILLAGE ADOPTING A BUDGET FOR ALL
VILLAGE FUNDS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2006, AND
ENDING SEPTEMBER 30, 2007; APPROPRIATING REVENUES AND OTHER
FUNDS IN THE AMOUNT OF $16,746,325; AUTHORIZING EXPENDITURES;
AND ESTABLISHING AN EFFECTIVE DATE.
The public hearing was opened by Mayor Roth. There being no comments, Mayor Roth
closed the public hearing.
A motion was offered by Councilman Rosenfeld and seconded by Councilman Jacobi to approve
the Ordinance. The motion carried with the vote as follows: Mayor Roth aye; Assistant Mayor
Berlin aye; Councilman Jacobi aye; Councilman Rosenfield aye; Councilman Sanz aye; thus
becoming Ordinance 511.
6. ADJOURN: There being no further business to come before the Council, a
motion was offered by Councilman Sanz to adjourn. The motion carried unay(5-0), and
the meeting adjourned at 5:22 p.m.
Assistant Mayor Howard J. Berlin
Attest:
Ellisa Horvath, CMC
Village Clerk
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