HomeMy Public PortalAbout09 21 2022 Final Budget HearingMINUTES OF THE PUBLIC HEARING HELD BY THE TOWN COMMISSION OF THE TOWN OF
GULF STREAM ON FRIDAY, SEPTEMBER 21, 2022, 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
Vice Mayor Stanley called the meeting to order at 5:01 P.M.
II. Roll Call
Present and
Participating
Also Present &
Participating:
Absent w/Notice
Thomas W. Stanley
Joan K. Orthwein
Thomas A. Smith
Gregory Dunham
Edward Nazzaro
Edward Allen
Rita Taylor
Scott W. Morgan
Paul A. Lyons, Jr.
Vice Mayor
Commissioner
Commissioner
Town Manager
Asst. Town Attorney
Police Chief
Town Clerk
Mayor
Commissioner
III. Consideration of Adopted Tentative Millage Rate and Adopted
Tentative Budget for Fiscal Year 2022-2023
A. Explanation and discussion of Tentative Millage Rate as
compared to the rolled back rate
Town Manager Dunham read from the 2022-23 Tentative Budget
for the record and noted that the prominent source of revenue for the
general fund was the ad valorem tax. He added that over the past five
years the Town has either lowered the ad valorem tax rate or set it at
the rollback rate. Mr. Dunham stated that in July of this year, the
Commission decided to set the millage rate at the existing rate of
3.6724 instead of the 2023 rollback rate of 3.2849.
B. Comments from the Commission and the public
There were none.
IV. Adoption of the General Fund FINAL MILLAGE RATE for Fiscal
Year 2022-2023
Commissioner Orthwein made a motion to adopt the General Fund
Final Millage Rate for Fiscal Year 2022-23 at 3.6724. Commissioner
Smith seconded the motion with all voting AYE at roll call.
V. Adoption of the FINAL BUDGETS for Fiscal Year 2022-2023
A. General Fund
Commissioner Orthwein made a motion to adopt the 2022-23
General Fund Balance at $7,939,519. Commissioner Smith seconded the
motion with all voting AYE at roll call.
B. Enterprise Fund (Water)
Commissioner Orthwein made a motion to adopt the 2022-23
Enterprise Fund (Water) at $1,831,414. Commissioner Smith seconded the
motion with all voting AYE at roll call.
C. Penny Sales Tax Fund
Commissioner Orthwein made a motion to adopt the 2022-23
Penny Sales Tax Fund at $100,000. Commissioner Smith seconded the
motion with all voting AYE at roll call.
Town Commission Budget
Public Hearing Held
On 9-21-2022 @ 5:01 P.M.
VI. Resolutions
A. No. 22-08; 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,
2022, AND ENDING ON SEPTEMBER 30, 2023; PROVIDING FOR AN
EFFECTIVE DATE.
Town Clerk Taylor read the resolution with an effective date
of September 21, 2022. Commissioner Smith made a motion to adopt
Resolution 22-08. Commissioner Orthwein seconded the motion with all
voting AYE at roll call.
B. No. 22-09; 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, 2022, AND ENDING ON SEPTEMBER
30, 2023; PROVIDING FOR AN EFFECTIVE DATE.
Town Clerk Taylor read the resolution with an effective date
of September 21, 2022. Commissioner Smith made a motion to adopt
Resolution 22-09. Commissioner Orthwein seconded the motion with all
voting AYE at roll call.
C. No. 22-10; 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, 2022, AND ENDING ON SEPTEMBER
30, 2023; PROVIDING FOR AN EFFECTIVE DATE.
Town Clerk Taylor read the resolution with an effective date
of September 21, 2022. Commissioner Smith made a motion to adopt
Resolution 22-10. Commissioner Orthwein seconded the motion with all
voting AYE at roll call.
D. No. 22-11; 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 TOWN OF GULF STREAM FOR
THE FISCAL YEAR COMMENCING ON OCTOBER 1, 2022, AND ENDING ON
SEPTEMBER 30, 2023; PROVIDING FOR AN EFFECTIVE DATE.
Town Clerk Taylor read the resolution with an effective date
of September 21, 2022. Commissioner Smith made a motion to adopt
Resolution 22-11. Commissioner Orthwein seconded the motion with all
voting AYE at roll call.
VIII. Adjournment.
Vice Mayor Stanley adjourned the meeting at 5:14 P.M.
Rene Basel
Town Cle
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