The URL can be used to link to this page

Home My Public Portal About09 24 19 Budget MeetingMINUTES OF THE PUBLIC HEARING HELD BY THE TOWN COMMISSION OF THE TOWN OF GULF STREAM ON TUESDAY, SEPTEMBER 24, 2019 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 Tentative Budget for Fiscal Year 2019-2020. Mayor Morgan called the meeting to order at 5:01 P.M. II. Roll Call compared to the rolled back rate. Present and Town Manager Dunham stated that he was required to read what Participating: Scott W. Morgan Mayor bullet points: Thomas W. Stanley Vice Mayor The proposed 2020 millage rate is 3.8606 which is the Joan K. Orthwein Commissioner back rate Donna White Commissioner Also Present & • Participating: Gregory Dunham Town Manager Ad valorem proceeds at proposed millage rate for 2020 Edward Allen Police Chief $4,618,484 Rita Taylor Town Clerk Absent w/notice: Paul Lyons Commissioner III. Consideration of Adopted Tentative Millage Rate and Adopted Mr. Dunham added there were no changes from the Public Hearing that was held on September 13, 2019. He stated that the Total Budget for Gulf Stream this year is $9,874,290, which includes $3.1 million dollars in CIP budget so it makes it look like the expenses went up a great deal from the past year. B. Comment from the Commission and the public. There was none. IV. Adoption of the General Fund FINAL MILLAGE RATE for Fiscal Year 2019-2020. Vice Mayor Stanley made a motion to adopt the General Fund FINAL MILLAGE RATE for Fiscal Year 2019-2020 at 3.8606. The motion was seconded by Commissioner Orthwein with all voting AYE at roll call. Tentative Budget for Fiscal Year 2019-2020. A. Explanation and discussion of Tentative Millage Rate as compared to the rolled back rate. Town Manager Dunham stated that he was required to read what was on the first page of the Manager's message, so he read the following bullet points: • The proposed 2020 millage rate is 3.8606 which is the 2020 rolled back rate 0 Prior year (2019) millage rate was 4.05 • Prior year (2019) ad valorem proceeds for operations - $4,618,123 • Ad valorem proceeds at proposed millage rate for 2020 operations - $4,618,484 • Prior year final gross taxable value for Gulf Stream - $1,134,609,911 • 2018 (calendar year) estimated gross taxable value for Gulf Stream - $1,196,312,415 • 5% Fire/Rescue increase as per current contract with Delray Beach • CIP - Roadway construction/restoration on AlA, N. County Rd., Little Club Rd. - General Fund - $578,750 Mr. Dunham added there were no changes from the Public Hearing that was held on September 13, 2019. He stated that the Total Budget for Gulf Stream this year is $9,874,290, which includes $3.1 million dollars in CIP budget so it makes it look like the expenses went up a great deal from the past year. B. Comment from the Commission and the public. There was none. IV. Adoption of the General Fund FINAL MILLAGE RATE for Fiscal Year 2019-2020. Vice Mayor Stanley made a motion to adopt the General Fund FINAL MILLAGE RATE for Fiscal Year 2019-2020 at 3.8606. The motion was seconded by Commissioner Orthwein with all voting AYE at roll call. Minutes of Town Commission Public Hearing Held September 24, 2019 @ 5:01 P.M. V. Adoption of the FINAL BUDGETS for Fiscal Year 2019-2020. A. General Fund Vice Mayor Stanley made a motion to adopt the General Fund Budget with a total budget of $6,393,684. The motion was seconded by Commissioner White with all voting AYE at roll call. B. Enterprise Fund (Water) Vice Mayor Stanley made a motion to adopt the Enterprise Fund (Water) Budget in the amount of $3,320,206. The motion was seconded by Commissioner Orthwein with all voting AYE at roll call. C. Penny Sales Tax Fund Vice Mayor Stanley made a motion to adopt the Penny Sales Tax Fund Budget in the amount of $160,400. The motion was seconded by Commissioner Orthwein with all voting AYE at roll call. VI. Resolutions. A. No. 019-08; 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, 2019 AND ENDING ON SEPTEMBER 30, 2020; PROVIDING FOR AN EFFECTIVE DATE. CFO Tew read Resolution 019-08 in its entirety after which Commissioner Orthwein moved for its adoption. The motion was seconded by Commissioner White and all voted AYE at roll call. B. No. 019-09; 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, 2019 AND ENDING ON SEPTEMBER 30, 2020; PROVIDING FOR AN EFFECTIVE DATE. CFO Tew read Resolution 019-09 in its entirety after which Commissioner Orthwein moved for its adoption. The motion was seconded by Commissioner White and all voted AYE at roll call. C. No. 019-10; 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, 2019 AND ENDING ON SEPTEMBER 30, 2020; PROVIDING FOR AN EFFECTIVE DATE. CFO Tew read Resolution 019-10 in its entirety after which Commissioner Orthwein moved for its adoption. The motion was seconded by Commissioner White and all voted AYE at roll call. D. No. 019-011; A RESOLUTION OF THE TOWN COMMISSION OF THE TOWN OF GULF STREAM, PALM BEACH COUNTY, FLORIDA, ADOPTING THE PENNY SALES TAX FUND FINAL BUDGET FOR THE FISCAL YEAR COMMENCING ON OCTOBER 1, 2019 AND ENDING ON SEPTEMBER 30, 2020; PROVIDING FOR AN EFFECTIVE DATE. CFO Tew read Resolution 019-11 in its entirety after which Commissioner Orthwein moved for its adoption. The motion was seconded by Commissioner White and all voted AYE at roll call. VII. Adjournment. Mayor Morgan adjourned the meeting at 5:10 P.M. oil Minutes of Town Commission Public Hearing Held September 24, 2019 @ 5:01 P.M.