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HomeMy Public PortalAbout2022 Adopted Budget.pdf 1 | Page Annual Budget Book |Fiscal Year 2021-2022 V I L L A G E K E Y B I S C A Y N E OF Annual Budget Fiscal Year 2021 - 2022 2 | Page Annual Budget Book |Fiscal Year 2021-2022 The Village of Key Biscayne, Florida was incorporated June 18, 1991. Village Seal Description One of the oldest and most recognizable landmarks in South Florida, the lighthouse was first constructed in 1825. It has a colorful, well-documented history. It stands in the Bill Baggs Cape Florida State Recreation Area. Like all lighthouses, it is a symbol of familiar homecoming to sailors, fishermen, and landlubbers alike. It also represents man-made structures of lasting quality, strength and safety in an uncertain world. The coconut palm has been a popular symbol of peaceful nature for many tropical areas around the world. Key Biscayne was once a plantation for this versatile tree. The two sea birds, against the backdrop of the moon, stand for the animals with whom we share our environment. The sun, sustainer of life, which figures prominently in many municipal emblems around the state, usually depicted at high noon, has just disappeared below the horizon, creating one of those sunsets that occur every once in a while. This kind of mood and feeling evoke a universal human reaction – a powerful visual reminder of the potential beauty and transitory nature of all things. The moon is shown on our seal not just to be different from other communities, not only for its magical qualities, but also because we have been told that one of the earliest local Indian dialects contained a word- picture phrase, “Bischiyano,” meaning, simply – “Favorite Path of the Rising Moon.” Adoption of the Village Seal took place on June 8, 1993 and adoption of the description of the Village Seal took place on August 10, 1993. 3 | Page Annual Budget Book |Fiscal Year 2021-2022 We have made every effort to make this book as easy as possible to read, but we understand how difficult it can be to find what you are looking for in such a complex document.  To make your search easier, we have provided a number of tools to direct you to what you are in search of.  Table of Contents The Table of Contents starts on the next page and provides an overview of each section of the book. Organization of this Book The Village of Key Biscayne Annual Budget is divided into the following sections:  Introduction – This section contains a guide for readers, identification of the Village Councilmembers and Charter officers, Village Profile, Village Manager’s Vision, a discussion of the budgeting process and an overview of the millage rate and cost allocations.  Financial Policies – Outlines our financial policies  General Fund – This section contains a detailed revenue summary explanation, expenditure outline, and a breakdown of each department which includes its function, accomplishments, objectives, authorized positions, budgets and highlights.  Capital Improvement Program – This section contains a list of approved 5-year Capital Improvement Projects, project descriptions as well as overall projected cost and budgetary allocations.  Special Revenue Transportation Fund – This section contains a detailed revenue and expenditure summary for the Transportation Fund.  Parks, Rec & Open Spaces Land Trust Fund – This section contains a detailed revenue and expenditure summary for the Land Trust Fund  Stormwater Enterprise Fund – This section contains a detailed revenue and expenditure summary for the Stormwater Fund.  Solid Waste Enterprise Fund – This section contains a detailed revenue and expenditure summary for the Solid Waste Fund. Glossary The budget is organized as a line-item budget. We have included a glossary of financial terms and object codes and their meanings to help understand the types of expenses are included in each line. Table fo Contents Budget Year 2021-2022 4 | Page Annual Budget Book |Fiscal Year 2021-2022 Introduction Village Council & Charter Officers 5 Guide for Readers 6 Village Profile 7 Village Manager’s Vision 10 Budget Process 13 Budget Summary 16 Financials Financial Policies 26 Fund Structure 36 General Fund Revenues 39 Expenditures 48 Debt Service 50 Village Council & Initiatives 54 Office of the Village Clerk 56 Administration 59 Office of the Village Attorney 63 Planning, Zoning & Code Compliance 66 Building 69 Public Works 73 Police 77 Fire-Rescue 81 Parks, Community Center, Athletics & Community Groups 85 Capital Improvement Program Capital Improvement Program 95 Special Revenue & Enterprise Funds Special Revenue Transportation Fund 105 Parks, Rec & Open Spaces Land Trust Fund 108 Stormwater Enterprise Fund 110 Solid Waste Enterprise Fund 113 Glossary Financial Terms 115 Object Codes 127 5 | Page Annual Budget Book |Fiscal Year 2021-2022 Village Council Charter Officers Administrative Personnel Jocelyne Moussavou, Chief of Staff Benjamin Nussbaum, CPA, Chief Financial Officer Jake Ozyman, MSCM, P.E., ENV SP, Public Works Director Eric Lang, Fire Chief Francis “Frank” Sousa, Police Chief Todd Hofferbeth, Director of Parks & Recreation Juan C. Gutierrez, Human Resources Director Michael W. Davey Mayor Brett Moss Vice Mayor Allison McCormick Councilmember Ignacio J. Segurola Councilmember Edward London Councilmember Luis Lauredo Councilmember Franklin H. Caplan Councilmember Chad Friedman Village Attorney Jocelyn Koch Village Clerk Steven C. Williamson Village Manager 6 | Page Annual Budget Book |Fiscal Year 2021-2022 The following information is intended to be a guide to find information in the budget document of planned programs, services and financial information. The Fiscal Year 2021- 2022 Key Biscayne Budget compiles financial and service delivery data in a single source document for easy reference. The Fiscal Year 2021-2022 budget is intended to serve four purposes. A Policy Guide As a policy document, the budget serves to inform the reader about the organization and its policies. The budget includes organization-wide financial and programmatic policies and goals that address long-term concerns and issues, as well as its short-term financial and operational policies that guide the development of the budget for the upcoming year. This budget document details the services the Village will provide during the twelve- month period from October 1, 2020 through September 30, 2021. The departmental budget sections provide objectives,performance measures and highlightsfor each department. A Financial Plan As a financial plan, the budget details the costs associated with providing municipal services and how they will be funded. The General Fund Section includes a summary and detailed description of all revenues and expenditures. The budget document explains the underlying assumptions for the revenue estimates and discusses significant revenue trends. In addition, there is discussion of the Village’s accounting structure and budgetary policies. An Operations Guide As an operations guide, the budget details how departments and the General Fund are organized. The budget informs of the activities, services and functions carried out by each department. In addition, the budget provides for performance measurements of organization-wide objectives to aid in monitoring the progress of the Village. Each departmental budget section includes a description of the department’s function, its goals and objectives, performance indicators, authorized positions, budget highlights and the budgetary appropriation. A Communication Device As a communication device, the budget provides summary information to aid in interpreting the document. Charts, graphs, tables and text are included in every section to consolidate the information as much as possible. The budget document also includes a detailed table of contents and a glossary of terms to make it easy to locate and understand its contents. Finally, the budget includes the Budget Message Section, which provides readers with a condensed analysis of the fiscal plans of the Village for the upcoming fiscal year. Village Profile Budget Year 2021-2022 7 | Page Annual Budget Book |Fiscal Year 2021-2022 Key Biscayne is a vibrant, residential community of more than 14,800 residents on a seven-mile-long, two-mile-wide barrier island only minutes from downtown Miami. It is the southernmost barrier island in the United States and enjoys a high quality of life, a thriving commercial district, and a resilient environment. Incorporated in 1991, the Village of Key Biscayne is celebrating its 30th Anniversary this year. This section provides a brief history and profile of the Village and how it has become the vibrant Island Paradise that it is today. History Key Biscayne was discovered in 1513 when Juan Ponce de Leon charted the area and named it Santa Marta, claiming the area for Spain. However, archeological excavation suggests the Tequesta Indians pre-dated Ponce de Leon and inhabited the island more than 1,000 years prior. After Florida became a United States Territory in 1821, our iconic Cape Florida Lighthouse was constructed in 1825 and situated on the southern tip of Bill Baggs Cape Florida State Recreation Area. This lighthouse has remained as one of South Florida’s oldest standing structures, becoming a famous landmark for the Key. In 1908, William J. Matheson began purchasing real estate on the island and by 1928 owned approximately 1,700 acres of the island. In 1940, the heirs to the Matheson family donated the northern half of their Key Biscayne holdings to Dade County for use as a public park with the condition that the County construct a causeway and park. Shortly afterward, World War II occurred, and construction was delayed. Village Profile Budget Year 2021-2022 8 | Page Annual Budget Book |Fiscal Year 2021-2022 On November 9, 1947, official ceremonies marked the opening of the Rickenbacker Causeway, connecting Key Biscayne to the mainland. Subsequently, the Mathesons transferred 975 acres to the County to build the park and beaches that are now Crandon Park. The new access, beaches, and park made the island a highly desirable area to live and visit. The remaining Matheson land soon became an area to develop premier residential and resort communities. In 1950, the Mackle Brothers broke ground and constructed the island’s first residential development. The construction of the original shopping plaza and beach front Key Biscayne Hotel followed shortly thereafter. Within the span of five years, the island community swelled from 29 residents to 2,500 residents by 1955. The Village was incorporated as a new municipality in 1991, becoming the first new city in Miami-Dade County in over fifty years. Profile of the Government The Village of Key Biscayne operates under the council-manager form of government. Policymaking and legislative authority are vested in a governing council consisting of the mayor and six other council members. The council is responsible for, among other things, passing ordinances and resolutions, adop Village Profile Budget Year 2021-2022 9 | Page Annual Budget Book |Fiscal Year 2021-2022 the annual budget, appointing the Village Manager, the Village Clerk, and the Village Attorney. The Village Manager is responsible for carrying out the policies and ordinances of the Council, for overseeing the daily operations of the government, and for appointing the heads of various departments. The Village of Key Biscayne offers a wide range of services, including police protection, fire and emergency medical service, public works infrastructure and maintenance, a full-service building, zoning and planning service activities, solid waste collection, and a comprehensive storm water management system. Certain services are provided through the Miami-Dade County Public School system and the County Library system. Local Economy The Village of Key Biscayne enjoys a favorable economic environment and local- indicators point towardscontinued future stability. This thriving and vibrantcommunity is comprised of diverse, well-educated and involved citizens who take a genuine interest in the social, business, cultural and governing aspects of their Village. The Village is comprised of high-value residential housing stock and shopping centers. There is no industrial area in the community. Intentionally left blank Village Manager’s Vision Budget Year 2021-2022 10 | Page Annual Budget Book |Fiscal Year 2021-2022 It is my honor to serve the residents of Key Biscayne as your Village Manager. I am excited to present our FY 2022 budget and thank the Village Council for its guidance and the Village staff for their hard work and diligence in creating a progressive budget that is both efficient and effective in achieving our goals. Our budget is designed to use our resources wisely, while at the same time provide the public safety, services, and infrastructure our residents deserve and expect. It is a budget that puts residents first, encourages teamwork, stresses stewardship, pursues excellence, and demands action from our employees. This year’s budget serves as a down payment on the future of the Village. It is not just a budget for this year, but it is the foundation for what we envision our Village to be in the years to come. We imagine the Village of Key Biscayne as a vibrant community with a high quality of life, a strong sense of place, a thriving commercial district, a resilient environment, and a passionate dedication to purposefully elevating our Island Paradise. Our team is ready to deliver. It’s time to get things done. We are preparing to build for the future and to do so, we need to invest in the right projects and the best people now. Our mission is to provide superior public safety, services and infrastructure to all who live, work and play in our vibrant, thriving and resilient Island Paradise. The mission is supported in this year’s budget by thoughtful and aggressive goals. Informed by our residents’ input, we aim to ensure we have a safe and secure village; a thriving and vibrant community and marketplace; engaging and active public-spaces and programs; accessible, connected, and mobile transportation systems; and a resilient and sustainable environment and infrastructure. This is not an ordinary budget. In this year’s capital program alone, we aim to take on 24 projects at a value of $6.8 million. Next year, we have an added 24 projects at $17.9 million and in the next three years, we have over $60 million in programmed capital projects. To achieve this work, we must staff up now in terms of numbers and skills. There is much to be done and we are building a team that can deliver the services, programs, and infrastructure our residents have asked for and deserve to ensure we have a stronger, more resilient future. Village Manager’s Vision Budget Year 2021-2022 11 | Page Annual Budget Book |Fiscal Year 2021-2022 Our strategic priorities and associated projects for the coming year are: 1. Delivering Superior Services, Projects & Programs: • Deploy a comprehensive community policing program to reduce disorder and prevent crime while increasing citizen engagement • Design a new public library to increase space and programs to connect our community • Build Paradise Park as the prominent, inclusive and outdoor gathering space in the heart of our Village civic center • Maintain our beach to enhance the waterfront experience for all our residents and visitors • Improve our youth programs and access to athletic venues to increase engaging and active opportunities for our large youth population • Refurbish Crandon Blvd to improve vehicle, bicycle and pedestrian traffic flow and safety • Work with key stakeholders to create a plan for Rickenbacker Causeway that meets the village’sneeds • Develop and begin to implement our long-term resilient infrastructure plan to protect our residents’ lives, property and future economic viability 2. Providing Values-Based Government Services: • Provide impeccable customer service and responsiveness to deliver superior public safety, services and infrastructure to our residents • Diversity revenue and funding sources to create a more agile financial system and to protect the Village from unforeseeable economic fluctuations Village Manager’s Vision Budget Year 2021-2022 12 | Page Annual Budget Book |Fiscal Year 2021-2022 • Practice fiscal and procurement stewardship and transparency to efficiently invest tax-payer funds to provide the services they expect • Attain and retain talented employees to effectively build a safe, thriving, engaging and resilient village 3. Communicating & Collaborating with Residents and Partners: • Provide timely and accurate communications to ensure our residents are more aware of village operations and activities • Engage with and be present in the community to encourage community involvement, interest and support • Grow and manage a regional collaborator network to improve relationships and increase external support and resources to help achieve village goals I believe that simplicity is the ultimate sophistication, and that public service is a high calling. This budget represents those beliefs and reinforces that the Village staff and I are proud to serve the Key Biscayne community. We consider the village residents our customers in everything we do. We will put the residents first, work as a team, and be good stewards of all public resources as we pursue excellence through empowerment and action. We truly have the humility to prepare and the confidence to perform for all the residents of the Village of Key Biscayne. Intentionally left blank Budget Process Budget Year 2021-2022 13 | Page Annual Budget Book |Fiscal Year 2021-2022 In accordance with the Village of Key Biscayne Charter, Article III, (Section 3.03, Powers and Duties of the Village Manager (Subsection 5)), the Village Manager must prepare and submit to the Council a proposed budget and capital improvement program. This section provides an overview of the Village of Key Biscayne’s budget process for matching Village priorities with available resources; and the financial policies that guide budget decisions and spending in the Village. How the Budget Was Created The Village of Key Biscayne begins its budget process with a strategic planning process to identify the needs and priorities of the community.That process leads to broad goals, specific objectives and strategic priorities to guide the Village’s budget process. These are combined with preliminary projection of revenues and expenditures based on financial trends and analysis that continue to be refined throughout the budget process. Budget Development The development of the next fiscal year’s budget begins in January when the Manager’s Office releases a survey asking the community about its highest priorities. After a mid-year budget review in March, the Council and Village staff begin a strategic process to assess and translate the residents’ expectations and needs into village-wide goals and objectives. In May and June, the combination of a Strategy Session and Budget Workshop further develops the Village’s goals and objectives and begins to align resources with the desired services, programs and projects. In developing the Fiscal Year 2021-22 operating budget, departments analyzed existing services and potential services considering the Council’s priorities. The budget identifies added and removed services, which are then quantified in the line-item budget. They reflect not only the strategic priorities as set by the Village Council, but also the policy initiatives that contribute to the long- term financial health of the Village. Departments set goals to meet the needs identified in the strategic priorities. To meet these goals, departments have specific objectives that are measured through key performance indicators. Individual staff member’s objectives and performance measures are then linked to the department’s objectives, showing each employee what the end result of Budget Process Budget Year 2021-2022 14 | Page Annual Budget Book |Fiscal Year 2021-2022 their work should be and how they contribute to the goals of the Village. In this way, the budget becomes a tool to monitor operating performance. The performance measures included in each department’s summary is designed to show how the department’s objectives support the strategic priorities. Budget Procedure Balanced Budget Each annual budget adopted by the Council shall be a balanced budget in accordance with the Village of Key Biscayne Charter, Article IV, (Section 4.05a). Budget Adoption The Council shall by ordinance adopt the annual budget on or before the last day of September of each year. If it fails to adopt the annual budget by this date, the Council may by resolution direct that the amount appropriated for current operations for the then ending fiscal year be deemed appropriate for the ensuing fiscal year for a period of fifteen (15) days and may be renewed by resolution each fifteen (15) days, with all items in it prorated accordingly, until such time as the Council adopts an annual budget for the ensuing fiscal year. An ordinance adopting an annual budget shall constitute appropriations of the amounts specified therein. (Section 4.05b) Specific Appropriation The budget shall be specific as to the nature of each category of appropriations therein. Further changes such as transferring of available funds within a specific department, may be authorized by the Village Manager. Reasonable appropriations may be made for contingencies, but not within defined spending categories. (Section 4.05c) Budget Amendments The annual budget is adopted by ordinance and may only be amended by ordinance. Contingency funds may only be transferred by the budget amendment process. (Section 4.07 a-b) Budget Basis Budget Process Budget Year 2021-2022 15 | Page Annual Budget Book |Fiscal Year 2021-2022 The General or Operating Fund, Budget of the Village of Key Biscayne is prepared on a modified accrual basis. Briefly, this means that obligations of the Village, such as outstanding purchase orders, are considered as encumbrances and are budgeted as expenses. Revenues are recognized only when they are actually received. The Village follows guidelines established by the Florida Department of Banking and Finance, the Government Finance Officers Association in association with the American Institute of Certified Public Accountants, the Charter of the Village of Key Biscayne and the Auditor General of the State of Florida. The Annual Comprehensive Financial Report (ACFR) shows the status of the Village's finances on the basis of "Generally Accepted Accounting Principles" (GAAP). In most cases this conforms to the method by which the Village prepares its budget. The Comprehensive Annual Financial Report shows fund expenditures and revenues on both a (GAAP) basis and budget basis for comparison purposes. Except that (GAAP) does not take encumbrances into account until they become payable. Enterprise Funds Solid Waste, Stormwater Utility, and Transportation Funds are budgeted on a full accrual basis. Not only are expenditures recognized when a commitment is made, but revenues are only recognized when they are obligated to the Village. Intentionally left blank Budget Summary Budget Year 2021-2022 16 | Page Annual Budget Book |Fiscal Year 2021-2022 The proposed Fiscal Year 2022 General Fund Budget for the Village of Key Biscayne is $35,506,010, which includes operations and the Parks, Recreation & Open Space Land Trust (“PROS Land Trust”) and funding for Capital Improvements. Fiscal Year 2022 total operating expenditures represent an increase of 4% from Fiscal Year 2021 Amended Budget. The estimated property assessment for Fiscal Year 2022 is $8.269 billion, representing an increase of 0.9% from Fiscal Year 2021. Budget Summary Budget Summary Budget Year 2021-2022 17 | Page Annual Budget Book |Fiscal Year 2021-2022 Proposed Millage The Village of Key Biscayne continues to hold the distinction of having the lowest overlapping millage rate of any municipality in Miami-Dade County. Despite the economic pressures, the Adopted Budget levies lower property taxes on our residents and businesses using a millage rate of 3.1990 Revenue Summary General fund revenues are expected to total $35,506,010, which represents a 4% increase from Fiscal Year 2021. Ad-Valorem taxes account for approximately 71% of the revenues. Expenditure Summary The total proposed General Fund Budget for Fiscal Year 2022 is $35,506.010, which includes the operating budget $35,254,708 and a transfer to the PROS Land Trust of $251,302. The operating budget increased by $1,354,703 or 4% from Fiscal Year 2021 amended budget. 2.5000 3.0000 3.5000 4.0000 4.5000 5.0000 19 9 4 19 9 5 19 9 6 19 9 7 19 9 8 19 9 9 20 0 0 20 0 1 20 0 2 20 0 3 20 0 4 20 0 5 20 0 6 20 0 7 20 0 8 20 0 9 20 1 0 20 1 1 20 1 2 20 1 3 20 1 4 20 1 5 20 1 6 20 1 7 20 1 8 20 1 9 20 2 0 20 2 1 20 2 2 Millage Rate (1994-2022) Budget Summary Budget Year 2021-2022 18 | Page Annual Budget Book |Fiscal Year 2021-2022 Budget Summary Budget Year 2021-2022 19 | Page Annual Budget Book |Fiscal Year 2021-2022 Village Authorized Positions Administration Full Time FY18-19 FY19-20 FY20-21 FY21-22 Village Manager 1 1 1 1 Assistant Manager 1 0 0 0 Chief Financial Officer / Finance Dir. 0 1 1 1 Comptroller 0 1 1 1 Chief of Staff 1 1 1 1 Human Resources/Risk Mgmt. Director 1 1 1 1 IT Administrator 1 1 1 1 Accounting & Payroll Clerk 1 1 1 1 Assistant to IT Administrator 1 1 1 1 Receptionist/Executive Assistant 1 1 0 1 Procurement Officer 0 0 0 1 Procurement Specialist 0 0 1 1 Chief Resilience & Sustainability Officer 0 1 1 0 Community Engage. & Comm Officer 0 0 1 1 FT Total 8 10 11 12 Clerk Full Time FY18-19 FY19-20 FY20-21 FY21-22 Village Clerk 1 1 1 1 Executive Assistant 1 1 1 1 FT Total 2 2 2 2 Building Full Time FY18-19 FY19-20 FY20-21 FY21-22 Building, Zoning, Planning Director 1 1 0 1 Building Official 1 1 1 1 Budget Summary Budget Year 2021-2022 20 | Page Annual Budget Book |Fiscal Year 2021-2022 Chief Permit Clerk 1 1 0 0 Permit Clerks 3 2 2 2 Special Projects Coordinator 0 1 1 0 Executive Assistant Code Compliance / BTR 1 0 0 0 Administrative Assistant / Records Technician 0 1 0 1 Chief Code Enforcement Officer 1 0 0 0 Chief Building Inspector 1 1 1 1 Chief Electrical Inspector 1 1 1 1 Chief Plumbing Inspector 1 1 1 1 Building Inspector 1 1 1 1 Senior Executive Assistant 1 1 1 1 FT Total 13 12 9 10 Building Part Time FY18-19 FY19-20 FY20-21 FY21-22 PT Mechanical Inspector 1 1 1 1 PT Inspector 3 3 2 0 PT Greeter 1 0 0 0 PT Sub-Total 5 4 3 1 Total 18 16 12 11 Planning, Zoning & Code Compliance FY18-19 FY19-20 FY20-21 FY21-22 Plan Reviewer 1 1 1 1 Executive Assistant / BTR 0 1 1 1 Code Compliance Officer 2 0 1 2 Budget Summary Budget Year 2021-2022 21 | Page Annual Budget Book |Fiscal Year 2021-2022 FT Total 3 2 3 4 Police Full Time FY18-19 FY19-20 FY20-21 FY21-22 Chief of Police 1 1 1 1 Deputy Chief of Police 2 2 2 1 Police Lieutenant 3 3 3 4 Police Sergeant 5 5 5 5 Police Officer 25 25 25 27 Fleet Maintenance & Service Coordinator 1 1 1 1 Municipal Utility Worker 1 1 1 1 Information Systems Administrator 1 1 1 1 Senior Executive Assistant 1 1 1 1 Executive Assistant 1 1 1 1 Executive Services Administrator 1 1 1 1 Dispatcher Supervisor 1 1 1 1 Dispatchers 3 3 3 3 Administrative Services Coordinator 1 1 1 1 FT Total 47 47 47 49 Fire Full Time FY18-19 FY19-20 FY20-21 FY21-22 Fire Chief 1 1 1 1 Deputy Fire Chief 2 2 2 2 Fire Captains 3 3 3 3 Executive Assistant to the Fire Chief 1 1 1 1 Fire Lieutenants 7 7 7 7 Budget Summary Budget Year 2021-2022 22 | Page Annual Budget Book |Fiscal Year 2021-2022 Drivers/Engineers 12 12 12 12 Firefighters/Paramedics 14 14 14 14 Inspector - Fire Prevention 0 0 0 1 Administrative Assistant/Records Technician 0 0 1 0 FT Sub-Total 40 40 41 41 Fire Part Time FY18-19 FY19-20 FY20-21 FY21-22 PT Inspectors - Fire Prevention 1 1 1 1 PT Community Outreach Liaison 1 1 0 0 PT Sub-Total 2 2 1 1 Total 42 42 42 42 Public Works Full Time FY18-19 FY19-20 FY20-21 FY21-22 Public Works Director 1 1 1 1 Chief Resiliency Officer 0 0 0 1 Superintendent 0 0 0 1 Engineer 0 1 1 1 CIP Program / Grants Manager 0 0 0 1 Maintenance Laborer 1 1 0 1 Maintenance Supervisor 1 1 1 1 Resiliency Coordinator 1 1 1 1 Horticulturist 0 1 1 1 Administrative Assistant/Records Technician 0 0 1 0 Administrative Assistant 1 0 0 0 FT Sub-Total 5 6 6 9 Public Works Part Time FY18-19 FY19-20 FY20-21 FY21-22 Budget Summary Budget Year 2021-2022 23 | Page Annual Budget Book |Fiscal Year 2021-2022 PT Storm Water Representative 1 0 0 0 PT Special Projects Coordinator 1 0 0 0 PT Sub-Total 2 0 0 0 Total 7 6 6 9 Parks & Recreation Full Time FY18-19 FY19-20 FY20-21 FY21-22 Parks, Recreation & Open Spaces Director 1 1 1 1 Assistant Parks & Recreation Director 1 1 1 1 Executive Administrative Assistant 1 1 1 1 Parks & Athletics Program Manager 0 1 1 1 Administrative Assistant 1 0 0 0 Community Programs Coordinator 0 0 0 1 FT Total 4 4 4 5 Community Center Full Time FY18-19 FY19-20 FY20-21 FY21-22 Youth Services Coordinator 1 1 1 1 Front Desk Manager 1 1 1 1 Adult Program Manager 1 1 1 1 Senior Recreation Supervisor 1 1 1 1 Gym Attendant 1 1 1 1 Head Lifeguard 1 1 1 1 FT Sub-Total 6 6 6 6 Community Center Part Time FY18-19 FY19-20 FY20-21 FY21-22 Lifeguards 7 7 7 7 Room Monitors / Beach Rangers 23 23 23 23 Budget Summary Budget Year 2021-2022 24 | Page Annual Budget Book |Fiscal Year 2021-2022 Toddler Room 4 4 4 4 Front Desk 10 10 10 10 PT Sub-Total 44 44 44 44 Community Center Seasonal FY18-19 FY19-20 FY20-21 FY21-22 Summer Camp Counselor 10 10 10 10 Seasonal Sub-Total 10 10 10 10 Total 60 60 60 60 Athletics Full Time FY18-19 FY19-20 FY20-21 FY21-22 Athletics Coordinator 1 1 1 1 Assistant Athletic Coordinator 1 0 0 0 FT Sub-Total 2 1 1 1 Athletics Part Time FY18-19 FY19-20 FY20-21 FY21-22 PT Athletics Staff 3 3 4 4 PT Sub-Total 3 3 4 4 Total 5 4 5 5 FY18-19 FY19-20 FY20-21 FY21-22 TOTAL Full Time 130 130 130 139 TOTAL Part Time 56 53 52 50 TOTAL Seasonal 10 10 10 10 GRAND TOTAL 196 193 192 199 Intentionally left blank Budget Summary Budget Year 2021-2022 25 | Page Annual Budget Book |Fiscal Year 2021-2022 Cost Allocation Certain members of staff have responsibilities that span multiple departments. In such circumstances, the Village allocates the cost of this employee to each department based on the employee’s time spent on each function. The result is a budget that more accurately shows the cost of providing services. The employees listed below have been allocated in the following manner: Financial Policies Budget Year 2021-2022 26 | Page Annual Budget Book |Fiscal Year 2021-2022 Overview The following financial policy statements are the basis of the daily operations of the Village of Key Biscayne. The financial policy statements define objectives, establish rules with parameters, and express guidelines for fiscal conduct by the Village in connection with the operating budget and capital improvement program. Operating Budget Policies • The Village will pay for all current expenditures with current revenues. The Village will avoid budgetary procedures that balance current expenditures at the expense of meeting future years' expenses, such as postponing expenditures or accruing future year's revenues. • The budget will provide for adequate maintenance of capital assets and equipment and for their orderly replacement. • The Village will maintain a continuing budgetary control system to ensure that it maintains line-item integrity. • The administration will prepare monthly reports comparing actual revenues and expenditures with budgeted amounts for all funds. • Wherever possible, the Village will integrate performance measurements and productivity indicators in the budget. Capital Improvement Policies • The Village will annually update its multi-year plan for capital improvements. The plan will consist of a capital budget for the first year and programming for five subsequent years rounding out a six year capital improvements program. • The Village will enact an annual capital budget based on the multi-year Capital Improvement Program. • A Capital Project is a capital outlay that results in or contributes to the acquisition of, or improvement to, a capital asset with an anticipated cost equal to or exceeding one hundred thousand dollars ($50,000) and with an anticipated useful life equal to or exceeding five (5) years. This definition includes, but is not limited to, Capital Projects undertaken for the following purposes: o Acquire new or expand existing physical facilities or infrastructure; o Acquire large scale renewal, improvement, or replacement of physical facilities or infrastructure that is not routine maintenance. Renewal and improvement expenditures are those that improve an Financial Policies Budget Year 2021-2022 27 | Page Annual Budget Book |Fiscal Year 2021-2022 asset’s productivity, significantly extend its useful life, or change the character of the asset; o Acquire major pieces of equipment, vehicles, and other capital stock, including expenditures when aggregated or consolidated into a single project meeting both criteria set forth above; or • Procure engineering or architectural studies and services related to public improvements that will, or are intended to, be future Capital Projects. • The Village will coordinate development of the capital improvement budget with development of the operating budget. Future operating costs associated with new capital improvements will be projected and included in operating budget forecasts. • The Village will maintain a balanced mix of financing sources including, but not limited to, pay-as-you-go, grants, and debt without excessive reliance on any one source, and shall consider the following factors in evaluating the suitability of funding options for particular projects: o Legality o Equity o Effectiveness o Acceptability o Affordability o Ease of Administration o Efficiency • The Village shall maintain its capital asset inventory at a level adequate to protect the Village’s capital investment, avoid disruption of service delivery, and to minimize future maintenance and replacement costs. • The Village will identify the estimated costs and potential funding sources for each capital project proposal before it is submitted in the budget to the Village Council for approval. • The Village will determine the least costly financing method for all new projects. Debt Management Policies • The total principal of debt of the Village shall be limited to the greater of the following: o One percent of the total assessed value of all property within the Village, as certified to the Village by the Dade County Property Appraiser, for the current fiscal year; or o That amount which would require annual principal and interest payments on Debt during any fiscal year to exceed 15 percent of general fund expenditures for the previous full fiscal year. Financial Policies Budget Year 2021-2022 28 | Page Annual Budget Book |Fiscal Year 2021-2022 • The Village will confine long-term borrowing to capital improvements or projects that cannot be financed from current revenues or fund balances while preserving the desired fund balance. • When the Village finances capital projects by issuing bonds, it will pay back the bonds within a period not to exceed the estimated useful life of the project. • The Village will strive to have the final maturity of general obligation bonds at, or below, thirty (30) years. • Whenever feasibly, the Village will use current revenues, or other self- supporting bonds instead of general obligation bonds. • The Village will not use long-term debt for current operations. • The Village will maintain good communications with bond rating agencies regarding its financial condition. The Village will strive to maintain or improve our bond rating. The Village will follow a policy of full disclosure on every financial report and borrowing prospectus. Revenue Policies • The Village will try to maintain a diversified and stable revenue system to shelter it from unforeseeable fluctuations in any one revenue source. • The Village will estimate its annual revenues by an objective, analytical process, wherever practical. • The Village will project revenues for the next year and will update this projection annually. Each existing and potential revenue source will be re- examined annually. • The Village will develop a long-term revenue projection system that takes in to account new capital assets and the necessary cost of maintenance. • Each year, the Village will analyze the full costs of activities supported by user fees to identify the impact of inflation and other cost increases. Investment Policies • The Village of Key Biscayne will invest its funds in accordance with Florida Statute 218.415 and its internal Investment Policy • The funds will be invested based upon the following priorities: o Safety of principal o To meet the liquidity needs of the Village o Optimize investment returns after first addressing safety & liquidity concerns. A bond rating from Moody’s Standard & Poor, or Fitch rating service will be obtained Financial Policies Budget Year 2021-2022 29 | Page Annual Budget Book |Fiscal Year 2021-2022 • The Village of Key Biscayne will perform a cash flow analysis of all funds on a regular basis. Disbursement, collection, and deposit of all funds will be scheduled to ensure maximum cash availability • The Village will pool cash from several different funds for investment purposes when permitted by law • The Village will invest its idle cash on a continuous basis Fund Balance Policies • Surplus funds in the general fund at the end of each fiscal year not placed by the Council in a restricted reserve fund shall be used either to reduce Debt or to reduce taxes in the next fiscal year. The allocation of surplus funds between restricted reserve funds, Debt reduction and tax reduction shall be at the discretion of the Village Council. • To provide for emergencies, the Village shall maintain non-restricted reserve funds in an amount not less than $2 million or in an amount greater than $2 million but not greater than 20 percent of general fund expenditures for the previous full fiscal year. • The Village will prioritize the use of the most restrictive fund balances sources first before using new revenues or unrestricted fund balances. • For any approved or budgeted project not completed by fiscal year end, the appropriation for that project shall be carried forward to the next fiscal year. Purchase orders will lapse at fiscal year-end and be re-encumbered at the beginning of the next year for expenses not incurred by the last day of the fiscal year. • The Village of Key Biscayne shall comply with GASB (Government Accounting Standards Board) Statement 54 and successor statements regarding the Fund Balance. o Fund Balance will be classified as follows: o Non-expendable fund balance includes amounts that are not in spendable form or are required to be maintained intact (principal of endowment funds). o Restricted fund balances include amounts that can be spent only for the specific purposes stipulated by external resource providers (grant providers) constitutionally or through enabling legislation that creates a new revenue source and restricts its use). Effectively, restrictions may be changed or lifted only with the consent of resource providers. • Committed fund balances include amounts that can be used only for the specific purposes determined by a formal action of decision-making authority. Commitments may be changed or lifted only by Village Council Financial Policies Budget Year 2021-2022 30 | Page Annual Budget Book |Fiscal Year 2021-2022 taking the same formal action that imposed the constraint originally. Committed fund balance shall include encumbrances outstanding at year end. • Assigned fund balance comprises amounts intended to be used by the government for specific purposes. Intent can be expressed by the governing body or by an official or body which the governing body delegated the authority. In governmental funds other than the General Fund, assigned fund balance represents the amount that is not restricted or committed. • Unassigned fund balance is the residual classification for the General Fund and includes all amounts not contained in other classifications. Unassigned amounts are technically available for any purpose. If another governmental fund has a fund balance deficit, then it will be reported as a negative amount in the unassigned classification in that fund. Positive unassigned amounts will be reported only in the General Fund. Accounting, Auditing and Financial Reporting Policies • The Village has established and will maintain a high standard of accounting practices. • The Village financial system will be maintained in conformity with generally accepted accounting principles. The Village will strive to obtain and retain the Certificate of Achievement of the Government Finance Officers Association. • Regular monthly and annual financial reports will present a summary of financial activity by major types of funds. • Wherever possible, the reporting system will provide monthly information on the total cost of specific services by type of expenditure and, if necessary, by fund. • An independent public accounting firm selected by the Village Council will perform an annual audit and will publicly issue a financial opinion. Capital Assets Policies • Threshold • The Village will capitalize all individual assets and infrastructure with a cost of $5,000 or more, and a useful life in excess of 1 year. • Asset Categorization • The Village shall account for assets and infrastructure meeting the minimum dollar and life thresholds in the following categories: o Buildings Financial Policies Budget Year 2021-2022 31 | Page Annual Budget Book |Fiscal Year 2021-2022 o Improvements o Furnitures, Fixtures, & Equipment o Stormwater Utility System • Capital Outlay • Budget vs. GAAP (Generally Accepted Accounting Principles). Only assets or infrastructure with a value over $5,000 will be budgeted as a capital item in the budget. Short lived assets which do not meet the capital asset threshold will be budgeted as operational materials and supplies. • Deprecation Method • GASB (Governmental Accounting Standards Board) Statement 34 requires governments to depreciate capital assets with a defined estimated life. o The Village will use the straight-line depreciation method. o There will be no depreciation on land, rights-of-way or other assets with an indefinite life. o Construction in progress projects are not subject to depreciation until the projected is completed. o Depreciation expense is not calculated on the salvage value (value which the asset will not fall below). • Capital Assets • Assets vs. Repair & Maintenance: GASB 34 requires that repair and maintenance items are expenses rather than capitalized assets. o The criteria determining whether an item is capitalized or expensed is whether the service life of the assets will be extended. o The Village will adapt this definition and capital expenditures that extend the life of the asset will be classified as capital assets. • Estimated Useful Assets Life • The estimated useful lives of the assets are based on Village experience and established projections reflected in the five-year capital plan. The useful life will be used when determining depreciation expense. The useful lives are: o Land – indefinite o Rights-of-Way – indefinite o Buildings – 25-50 years o Building Improvements – 30 years o Equipment: o Boats – 10 years o Trucks – 7years o Cars – 5 years o Furniture – 5 Years o Office Equipment – 5 years Financial Policies Budget Year 2021-2022 32 | Page Annual Budget Book |Fiscal Year 2021-2022 o Computer software – 5 years o Infrastructure: o Roads – 25 years o Stormwater system – 50 years o Sidewalks – 20 years • Five Year Capital Plan • The Village prepares a Five-Year Capital Plan which reports the capital asset budget needs for the Village. • Fixed Asset Accounting • The Village will comply with the standards established by GASB 34 (Governmental Accounting Standards Board) and all subsequent pronouncements released by GASB or its successor organization. Purchasing Policies • Sections 2-81 through 2-90 of the Village Code of Ordinances governs the purchasing policy of the Village. • Items covered by this policy: o Materials o Supplies o Equipment o Improvements o Services • Budget Limitations • The Village Manager may only purchase or contract for items or services that are within budgeted funds. Any item that exceeds budgeted funds requires a budget revision prior to executing the purchase or contract. Any purchase that requires a budget revision must be approved by the Village Manager or, if it exceeds the Village Manager’s authority for budget revisions, it must be approved by Council. • Purchasing Thresholds & Purchase Orders • There is no requirement for competitive quotes for purchases that are less than $5,000.00. However, shopping for best price/value is encouraged regardless of dollar amount. One written quotation serves as support for the purchase. • Purchases in this category do not require submission of a requisition unless the vendor requires a purchase order prior to placing the order. • Purchases ranging between $5,000 and $50,000 within budgeted funds require departments to prepare a scope of work or specification and solicit quotes from at least three (3) vendors in the industry. At this range, a Financial Policies Budget Year 2021-2022 33 | Page Annual Budget Book |Fiscal Year 2021-2022 purchase order must be obtained prior to initiating any purchases. A purchase order is obtained by submitting a requisition that details the purchase, including any backup necessary to show compliance with Section 2-83, and obtaining the written approval of the department director, Chief Financial Officer, and Village Manager. • Purchases of $50,000.00 and greater require Council approval and compliance with Section 2-83, competitive bid requirements, unless waived by Council. A purchase order must be obtained prior to initiating any purchases within this range. • Competitive Bid Requirements • On occasions where competitive bidding is required, the Village Manager directs the following: o Bid proposals, including scope of work and specifications, are prepared. o Sealed bids shall be solicited from at least three persons or firms engaged in providing the goods or services that the Village is seeking. o May publish a public invitation to bid. o Bids will be awarded to the lowest responsive bidder as determined by the Village Council or the Village Manager. o The Village has the right to reject any or all bids. • Procedures for Obtaining a Purchase Order o Obtain at least 3 quotes or engage in a formal competitive bidding process o Fill out the requisition form and submit to the Village Manager’s Office for approval and subsequent issue of a purchase order o The requisition form is then routed for approvals to the Department Director, the Chief Financial Officer, and the Village Manager o A purchase order is generated after the requisition form has obtained all required approvals o Orders are not placed until receipt of an approved purchase order with the Village Manager’s signature o The requisition form and backup will be retained with a copy of the purchase order for record keeping • Emergency Purchases • In an emergency circumstance, whether a declared state of emergency or circumstances that require immediate action, competitive bidding requirements may be suspended. All emergency purchases require the approval of the Village Manager prior to obligating Village funds. Any request for emergency purchase must be made through a memo written Financial Policies Budget Year 2021-2022 34 | Page Annual Budget Book |Fiscal Year 2021-2022 to the Village Manager that describes the circumstances of the emergency, the actions taken to address it, a basis for why normal purchasing procedures cannot be followed, the cost of the purchase, and quotations, if any, solicited from vendors. Budget Practices Cost of Living Adjustments (COLA) Cost of Living Adjustments are based on the CPI for All Urban Consumers for the Miami-Fort Lauderdale Area (all items index) published by the U.S. Department of Labor Bureau of Labor Statistics. However, if the CPI is more than four percent (4%), the salary increase will be four percent (4%) and if the CPI is negative, employees will not receive a salary increase. For the 12-month period ending April 2021, the CPI is 4.1% thus resulting in a 4% increase in FY21. Merits, Step Increases, Longevity Merit increases were budgeted at 4% increase based on the maximum score achievable on the annual performance evaluation up to the salary maximum for the position. Sworn Police Officers and Firefighters were budgeted at 5% step increase based on their CBA Agreements up to their maximum salary range Longevity bonuses were budgeted at 4% lump sum bonus for all eligible employees based on the maximum score achievable on the annual performance evaluation and having completed 15 years of service to the Village. Sworn Police Officers and Firefighters were budgeted at 5% longevity step increase based upon the completions of 15 and 20 years of service based on their CBA Agreements. Retirement Contributions All sworn police officers and firefighters are required to participate in the Police and Firefighter’s Defined Benefit Pension Plan which was established in October 1997. The current contribution by each eligible employee is 10 and one-half (10 ½ %) percent. The employer contribution for FY21 is based on the 10/01/2020 actuarial valuation report and is 15.13% and 14.05% of covered payroll for Fire and Police employees, respectively. The Village offers a 401(a) Money Purchase Plan to its qualified full-time general employees. The Village currently contributes 12% of the employee’s base salary to the 401(a) plan and the employee contributes a mandatory 6%. Financial Policies Budget Year 2021-2022 35 | Page Annual Budget Book |Fiscal Year 2021-2022 Sworn Police Officers and Firefighters who enter the Deferred Retirement Option Plan (DROP) have their pension benefits frozen. Even though the employee and employer no longer contribute to the plan, the Village is budgeting the value of what would have been the employer retirement contribution as retirement contributions to account for the fact that the employee must terminate employment within 5 years of entering the DROP. This will help the Village increase the reserves to alleviate the cost of accrued vacation, sick, and compensated absence balances that will be due to the officer when they separate from employment. Cost Allocations The following expenses were allocated amongst the departments based on their use of the shared resource. • IT Expenses (allocated based on Network Users, Phone Counts, User Accounts, or directly allocated to 1 department where applicable) o Telecommunications o Audio-Visual o End-User Software o Backend Maintenance o Security o Hardware o Equipment Leases • Property & Liability Insurance (allocated based on square footage, vehicle values, employee count) • Utilities (allocated based on historical trend) • Facilities Maintenance (allocated based on historical trend) Intentionally left blank Fund Structure Budget Year 2021-2022 36 | Page Annual Budget Book |Fiscal Year 2021-2022 In governmental accounting, all financial transactions are organized within several funds. According to the National Council on Governmental Accounting, a fund is a fiscal and accounting entity with a self-balancing set of accounts recording cash and other financial resources, together with all related liabilities and residual equities or balances, and changes therein, which are segregated for the purpose of carrying on specific activities or attaining certain objectives in accordance with special regulations, restrictions or limitations. Funds Overview The Village of Key Biscayne’s budget consists of six funds: 1. General Fund, 2. Transportation Special Revenue Fund, 3. PROS Land Trust Special Revenue Fund, 4. Capital Improvements Fund, 5. Stormwater Utility Fund, 6. Solid Waste Fund. A fund is defined as an independent fiscal and accounting entity with a self- balancing set of accounts. Funds are established to attain certain objectives or to simply segregate activities. For more detailed information regarding the funds, please refer to the fund sections in this document. General Fund The General Fund is used to account for all financial resources except those required to be accounted for in another fund. The General Fund is the major operating fund of the Village of Key Biscayne. Oversight of this fund is primarily the function of the Administration. Transportation Special Revenue Fund The Transportation Fund receives a share of sales tax revenue from the state government to be used on the transportation system within the Village of Key Biscayne and a proportional share based on population of the half-cent sales tax levied in Miami-Dade County, of which 20% must be used for public transit projects. This is a special revenue fund used to account for specific revenues that are legally restricted to expenditure for a particular purpose. Oversight of this fund is primarily the function of Administration Parks Recreational Open Space (PROS) Land Trust Special Revenue Fund Fund Structure Budget Year 2021-2022 37 | Page Annual Budget Book |Fiscal Year 2021-2022 The PROS Fund was created in 2011 via Section 2-81 & 2-82 of the Code of Ordinances and presented as a separate fund in Fiscal Year 2018 to provide more transparency to readers of the financial statements. The Trust is funded annually from a 1% transfer of Ad-Valorem revenues from the General Fund pursuant to Ordinance 2016-5. Disbursements from the PROS Lands Trust Fund shall be made only for the acquisition of properties which have been approved for purchase or lease by the Village Council, improvements to the property which enhance the recreational and open space purposed for which the land was acquired, and all costs associated with each acquisition including, but not limited to, appraisals, surveys, title search work, real property taxes, documentary stamps and surtax fees, and other transaction costs. Oversight of this fund is primarily the function of the Parks & Recreation Director. Capital Improvements Program Fund The Capital Project Program fund is used to account for financial resources used for the acquisition or construction of major capital facilities other than those accounted for in proprietary funds or in the Transportation Fund. The Capital Improvements Program fund generally receives an annual budget transfer of surplus funds from the General Fund. Oversight of this fund is primarily the function of the Administration. Stormwater Utility Fund The Stormwater Utility Fund accounts for the financial resources received and allocated on behalf of the Stormwater Utility maintained by the Village of Key Biscayne. The funds are used to maintain the stormwater system and drainage canals located within the Village. This is a proprietary fund which focuses on the determination of operating income, changes in net assets, financial position and cash flows. Oversight of this fund is primarily the function of the Public Works Department. Solid Waste Fund The Solid Waste Fund accounts for the financial resources received and allocated on behalf of the Solid Waste services provided pursuant to Section 2-62 of the Code of Ordinances. The charges for services are used to contract solid waste, recycling, and bulk trash services to the Village’s single-family residences and duplexes. This is a proprietary fund which focuses on the determination of operating income, changes in net assets, financial position and cash flows. Oversight of this fund is primarily the function of the Public Works Department. Funds Oversight Fund Structure Budget Year 2021-2022 38 | Page Annual Budget Book |Fiscal Year 2021-2022 The Matrix below identifies all funds and the functional unit overseeing them. Administration Parks & Recreation Department Public Works Department General Fund • Transportation Special Revenue Fund • PROS Land Trust Fund • Capital Improvements Program Fund • Stormwater Utility Fund • Solid Waste Fund • Intentionally left blank Revenues Budget Year 2021-2022 39 | Page Annual Budget Book |Fiscal Year 2021-2022 As a matter of general policy, Village revenue estimates are budgeted conservatively to avoid possible shortfalls due to unanticipated changes in the economy or slowing in the rate of construction activity. The projections are based on historic collection data, inflation, general economic growth/decline projections, and the Florid Department of Revenue’s Office of Tax Research estimates. The main revenue category for the Village continues to be Ad-Valorem Tax which is projected to increase by 1% but accounts for 71% of all revenues in the General Fund. (73% in prior year). 71% 7% 2%5% 3%5%7% 0%0% Revenue Sources Ad-Valorem Taxes Utility Taxes Communication Service Tax Licenses & Permits Franchise Fees Intergovernmental Service Charges Miscellaneous Revenue Interest Income Revenues Budget Year 2021-2022 40 | Page Annual Budget Book |Fiscal Year 2021-2022 Summary Ad-Valorem Millage Rate The Village's current year adopted millage rate is currently the lowest total millage rate among the thirty-five municipalities in Miami-Dade County and well below the statutory limit of 10.0 mills. Since its first year of incorporation, the Village averaged a millage rate of 3.4420, and was able to maintain the rate of 3.2000 since 2008 for six consecutive years. In 2014, the millage rate was further reduced to an all-time low of 3.0000 mills. The 3.000 millage rate is the minimum rate to qualify for State Revenue Sharing per FL Statute 218.23(c). Intentionally left blank Revenues Budget Year 2021-2022 41 | Page Annual Budget Book |Fiscal Year 2021-2022 Intentionally left blank Revenues Budget Year 2021-2022 42 | Page Annual Budget Book |Fiscal Year 2021-2022 Assessed Value History Tax Roll Year Budget Year Prelim Taxable Value % Change 2005 2006 4,287,674,948 10.6% 2006 2007 5,630,046,023 31.3% 2007 2008 6,514,112,802 15.7% 2008 2009 6,434,727,418 -1.2% 2009 2010 5,936,216,017 -7.7% 2010 2011 5,429,760,280 -8.5% 2011 2012 5,522,872,647 1.7% 2012 2013 5,778,632,344 4.6% 2013 2014 6,151,903,029 6.5% 2014 2015 6,697,657,229 8.9% 2015 2016 7,721,748,524 15.3% 2016 2017 8,339,284,877 8.0% 2017 2018 8,646,769,884 3.7% 2018 2019 8,532,625,700 -1.3% 2019 2020 8,310,656,693 -2.6% 2020 2021 8,202,651,483 -1.3% 2021 2022 8,269,112,147 0.8% Property Demographics Amendment 10 is a benefit of the homestead exemption that provides homeowners protection by limiting the maximum that the assessed value of their home for tax purposes can be raised to 3%, or the CPI whichever is lower. Voters approved this amendment in 1992 to the Florida Constitution, which was effective January 1, 1995. Constitutional Amendment 1, approved by Florida voters on January 29, 2008, was a provision to limit increases in the annual assessment of Non-Homestead properties to ten percent (10%). The base-year for implementing this change was 2008 and assessments were capped beginning in 2009. It was set to expire Tangible Prop. Tangible Prop. Homestead Non-Homestead Vacant Lots Commercial Industrial Institution.Other Bus.s Equip. & Furn. 31.7% 59.4% 1.8% 6.5% 0.0% 0.0% 0.1%0.5% 100.0% Percent of Taxes Levied by Property Type Real Property Residential (92.9%)Non-Residential (6.5%)Total Revenues Budget Year 2021-2022 43 | Page Annual Budget Book |Fiscal Year 2021-2022 on January 1, 2019 but was approved by more than 60% of Florida voters on November 6, 2018. Setting the Millage “Rolled Back Rate” - The rate that would generate the same amount of property tax revenues as approved for the prior year – Less allowances for new construction, additions, deletions, and improvements increasing value by at least 100% and tangible personal property value in excess of 115% of the previous year’s value. • Established by the Truth in Millage (TRIM) law in the 1980s • When the tax base increases, the rolled-back rate is less than the prior year’s rate • When the tax base decreases, the rolled back rate is more than the prior year’s rate (in effect a “rolled-up” rate) • A tax rate higher than the rolled-back rate must be advertised with a “NOTICE OF TAX INCREASE” for the Final Budget Public Hearing Proposed Millage Rate Taxable Value Units Mills Discount Rate Millage Rate Ad-Valorem Taxes 95% 8,269,112,147 1,000 8,269,112 7,855,657 3.1990 25,130,245 Florida law requires municipalities to budget at minimum 95% of ad-valorem taxes which accounts for the 4% discount property owners get if they pay their bills in November plus a 1% contingency that is allowed for adjustments to the tax roll by the property appraiser or value adjustment board to the July 1st roll that is used for budget. Utility Taxes Section 166.231(A), Florida Statutes, authorizes the Village to collect Utility Taxes. The total Utility Tax revenue on electricity, water, and gas is estimated to be $255,000 more than the previous year. The Utility Tax line item is derived from a 10% tax levied on each customer’s electric, water and gas bill. The revenue trend is based on electricity consumption and is budgeted using the previous year’s revenue. On March 12, 2021, Florida Power & Light Company (FPL) filed a petition Revenues Budget Year 2021-2022 44 | Page Annual Budget Book |Fiscal Year 2021-2022 with the Florida Public Service Commission (PSC) for a base rate increase in order to recover costs of operating the utility and include the consolidation of Gulf Power Company’s rates with FPL rates. The rates were last approved by the Commission in 2016. A final vote is expected to take place on October 26 and rates would go into effect beginning in January. Communications Services Tax Communications services tax is comprised of two portions: The Florida communications services tax and the local communications services tax. Dealers must itemize and separately state taxes on their customer’s bill and the taxes must be identified as Florida communications services and local communications services tax, respectively. Dealers must add the communications services tax to the price of the communications services sold and may not absorb or relieve the customer of all or any part of the communications services tax. The Tax is applied to all communications services bills issued to customers on and after October 1, 2001. The Village revenue projections are based on the State of Florida revenue estimates and show a declining trend as more customers are “cutting the cord” Calculation of Communications Service Tax State of Florida CST Rate 4.92% Gross Receipts additional rate 0.15% Total State Tax Rate 5.07% Gross Receipts Tax Rate 2.37% State Tax + Gross Receipts Tax = “Florida CST” 7.44% VKB Local Rate 5.22% County Surtax 0.50% Total Local Rate 5.72% Total CST Rate 13.16% Franchise Fees The Village entered into a new franchise agreement with FPL (Resolution 2019-7) providing for the payment of fees at the rate of 6% to the Village in exchange for the nonexclusive right and privilege of supplying electricity and other services within the Village free of competition from the Village. The new agreement is projected to earn revenue of $1.2 million compared to the previous $600 thousand agreement with Miami-Dade County when the rate was 3%. Licenses & Permits Revenues Budget Year 2021-2022 45 | Page Annual Budget Book |Fiscal Year 2021-2022 This category includes Building Permits, Business Tax Receipts, Fire Inspections, and other miscellaneous permits provided by the Village. Building permit and related development activity was severely impacted by the COVID-19 pandemic. Despite the prior year reduction in permit activity, we anticipate the demand for projects to increase. Additionally, the Village’s permit fee schedule is planned to be adopted in FY 22 which will more accurately reflect a revenue neutral fee schedule and generate an adequate fee to cover the costs of providing the service and to replenish the fully depleted the Building Reserve. Intergovernmental - State Shared Revenue Authorized in 1982, the Local Government Half-Cent Sales Tax Program generates the largest amount of revenue for local governments among the state-shared revenue sources currently authorized by the Legislature. It distributes a portion of state sales tax revenue via three separate distributions to eligible county or municipal governments. Additionally, the program distributes a portion of communications services tax revenue to eligible local governments. Allocation formulas serve as the basis for these separate distributions. The program’s primary purpose is to provide relief from ad valorem and utility taxes in addition to providing counties and municipalities with revenues for local programs. Chapter 82-154, Florida Statutes, provides for local government half-cent sales tax funds generated by 9.653% of the state sales tax. The distribution formula is based on population. This revenue is leveling off as population in the Village is relatively stable. During the 2021 session, the Florida Legislature passed the most significant Florida tax legislation in recent memory. Senate Bill 50 will modernize Florida’s sales and use tax system to impose tax collection obligations on remote sellers and marketplace providers. The bill also deletes a provision that exempts an out-of- state dealer that makes retail sales into Florida from collecting and remitting any local option surtax The State Revenue Sharing provides for revenue from 32.4% of the tax on each pack of cigarettes, plus $.01 municipal gas tax, plus 25% of the state alternative fuel decal user fee. The Village’s share of this fund is determined by a complex formula involving State, County and Village population figures, property valuations and sales tax collections Intergovernmental Chapter 175 & 185 Chapter 175 Premium Tax Distribution: Gross premium tax receipts of 1.85% collected on property insurance policies Revenues Budget Year 2021-2022 46 | Page Annual Budget Book |Fiscal Year 2021-2022 Chapter 185: Gross premium tax receipts of 0.85% on all casualty insurance premiums Limitation on Chapter 175 disbursements:, any municipality or special fire control district participating in the firefighters’ pension trust fund pursuant to the provisions of this chapter, whether under a chapter plan or local law plan, shall be limited to receiving any moneys from such fund in excess of that produced by one-half of the excise tax, as provided for in s. 175.101; however, any such municipality or special fire control district receiving less than 6 percent of its fire department payroll from such fund shall be entitled to receive from such fund the amount determined under s. 175.121, in excess of one-half of the excise tax, not to exceed 6 percent of its fire department payroll. Payroll amounts of members included in the Florida Retirement System shall not be included. It means that Chapter 175 pension plans receive either: the maximum premium taxes available, 6% of its total calendar year payroll or no less than half the available premium taxes. Whichever amount is the middle figure, that is the amount the plan will receive Intergovernmental – Firefighters’ Supplemental Compensation Trust Fund Additional state shared revenue comes from the Department of Revenue Firefighters’ Supplemental Compensation Trust Fund. Section 175 premium taxes not distributed to a jurisdiction because of the payroll limitation are transferred to the Trust Fund which supports the supplemental compensation stipends available to firefighters who attain higher educational opportunities that directly relate to the improvement of the health and safety of the firefighters and the citizens they protect. Service Charges Service Charges are comprised of Community Center membership and activity fees, sports programs, fire rescue transport fees, and other miscellaneous services the Village provides. These community center and sports program revenues Year Received Fire Fire Supp Total Fire Police Grand Total 2015 2016 225,893 34,223 260,116 137,178 397,294 2016 2017 265,846 3,968 269,814 140,927 410,741 2017 2018 274,524 4,067 278,591 189,602 468,193 2018 2019 379,846 - 379,846 156,922 536,768 2019 2020 405,304 - 405,304 153,785 559,089 2020 2021 442,551 - 442,551 157,622 600,173 Year Calculated Revenues Budget Year 2021-2022 47 | Page Annual Budget Book |Fiscal Year 2021-2022 remain affected by the effects of COVID-19 as the Community Center and are budgeted at 75% of 2019 revenues Other Revenue - Fines & Forfeitures Red light camera citations carry a $158 penalty. When the $158 penalty is the result of a local government enforcement, $75 is retained by the local government and $83 is deposited with the Department of Revenue (DOR). DOR subsequently distributes the penalty by depositing $70 in the General Revenue Fund, $10 in the Department of Health (DOH) Administrative Trust Fund, and $3 in the Brain and Spinal Injury Trust Fund The Village of Key Biscayne remits the $75 to our red-light camera vendor, as it is a revenue neutral contract. Red Light camera fees are not shown as a revenue in Fiscal Years beginning 2021 because proceeds received by the Village are a liability. This category also includes fines for building, fire code, and property violations. Interest Income The Village must adhere to its investment policy which optimizes investment returns only after first addressing safety & liquidity concerns. While the Village was able to increase interest income during FY 20 due to the implementation of a cash flow management system and by consolidating and re-negotiating with current bank providers, the interest income is projected to be lower in FY 21 and FY 22 due to the federal reserve’s lowering of the interest rate due to the weakened economy. The Federal Reserve signaled in June that it expects will keep interest rates low until 2023 as economists attribute the decision to worries about whether the rise in the Covid-19 Delta variant could curb economic growth. Intentionally left blank Expenditures Budget Year 2021-2022 48 | Page Annual Budget Book |Fiscal Year 2021-2022 The Fiscal Year 2022 Budget allocates funds to Council, Advisory Boards, eleven departments, debt service, and amounts for the Parks, Recreation & Open Spaces Land Trust as listed below. The department expenditure budgets itemize the funding that provides for the overall administration and management of all governmental functions and activities of the Village. The monies allocated to each department ensure the proper implementation of policies and ordinances adopted by the Village Council in an efficient and effective manner. The Adopted Fiscal Year 2022 Budget expenditures have increased over the Fiscal Year 2021 expenditures. This increase can be attributed to increased personnel costs, the completion of one-time funding items, final payment of the first series of bonds for the construction of the civic center, and effective negotiations of insurance premiums. 0%0% 1% 8% 1%2% 6% 5%1% 25%25% 10% 5% 9% 2% Expenditures by Department Council Council Initiatives Community Groups Administration Clerk Attorney Debt Service Building Division Planning, Zoning & Code Police Fire Rescue Public Works Parks & Recreation Community Center Athletic Division Expenditures Budget Year 2021-2022 49 | Page Annual Budget Book |Fiscal Year 2021-2022 Summary Operating Expenses by Category Intentionally left blank Debt Service Budget Year 2021-2022 50 | Page Annual Budget Book |Fiscal Year 2021-2022 BONDS REVENUE BONDS, which can be issued only by the authorization of the Village Council, must be secured by a pledge of an appropriate and adequate revenue stream. All current debt is financed by Revenue Bonds as bank loans pledged by Covenant to Budget legally available non-ad-valorem revenues. GENERAL OBLIGATION BONDS can only be issued by voter approval at a referendum authorizing the pledge of the full faith and credit of the Village. The State of Florida does not impose a limit on the amount of debt a municipality may incur. The legal authority for borrowing monies is provided to the Village by Sections 166.021 and 166.111, Florida Statutes. The Village has no outstanding general obligation debt. DEBT RESTRICTIONS The Charter requires five (5) affirmative votes for any borrowing (Section 4.10) and the adopted annual budget must be balanced (Section 4.05). Section 4.10 of the Charter requires the debt be limited by Ordinance. Also, State law prohibits a mill rate in excess of 10 mills. Section 4.03 (9) requires that each elector receive a notice by mail of the action by Council to initiate a capital project in excess of $500,000. The Master Plan requires that the Village pursue a prudent policy of borrowing for capital improvements or other purposes (Policy 1.15). The Financial Policy Statement has six (6) guidelines regarding debt. Ordinance 97-1, January 16, 1997 limits outstanding debt. Debt means any financial obligation of the Village which is not required to be repaid within one year of its incurrence, excluding Debt payable from an Enterprise Fund. Based on the 2021 budget and in accordance with Section 4.10 of the Village Charter, the limit is 1% of assessed valuation ($82.7 million) or an amount that exceeds 15% of the annual general fund expenditures ($5.3 million), whichever is greater. OUTSTANDING DEBT CAPITAL IMPROVEMENT REVENUE REFUNDING 2021 On January 15, 2021, the Village issued $11,238,000 of Capital Improvement Revenue Refunding Bonds, Series 2021 for the purpose of refunding and consolidating the Village’s following existing debt: Debt Service Budget Year 2021-2022 51 | Page Annual Budget Book |Fiscal Year 2021-2022 1. Capital Improve. Revenue Refunding Bonds, Series 2011B (1,430,325) 2. Capital Improve. & Land Acquisition Rev Refunding Bond 2011 ($372,258) 3. School Improve. Revenue Bonds, Series 2012 ($3,913,286) 4. School Improve. Revenue Bonds, Series 2014 ($2,988,619) 5. Sewer Improvement Revenue Bonds, Series 2016 ($2,493,546) The bond refunding and consolidation will save the Village $754,000 in present value savings. The bonds retain the original maturation date of each underlying original issuance, and the final maturity will occur on October 1, 2032. The Village has pledged non-ad valorem revenues to secure payment on the principal and interest on the bonds. The bonds bear interest on the outstanding principal balance from its date of issuance payable semi-annually on each April 1 and October 1, at an interest rate equal to 1.235% per annum For historical purposes, the refunded debt is presented below: 1. CAPITAL IMPROVEMENTS REVENUE REFUNDING BONDS, SERIES 2011B On August 1, 2011, the Village issued $7,130,000 of Capital Improvement Revenue Refunding Bonds, Series 2011B for the purpose of refunding the Village’s Capital Improvement Revenue Bonds, Series 2002. The bonds mature on November 1, 2022. The Village has pledged non-ad valorem revenues to secure payment of the principal and interest on the bonds. The bonds bear interest on the outstanding principal balance from its date of issuance payable quarterly on the first day of each February, May, August and November commencing November 1, 2011, at an interest rate equal to 2.41% per annum. Effective January 1, 2018, the Tax Cuts and Jobs Act amended the interest rate of this bond, increasing the interest to 2.81% per annum 2. CAPITAL IMPROVEMENT AND LAND ACQUISITION REVENUE REFUNDING BONDS, SERIES 2011 On August 1, 2011, the Village issued the $1,865,000 Capital Improvement and Land Acquisition Revenue Refunding Bonds, Series 2011 for the purpose of refunding the Capital Improvement and Land Acquisition Revenue Bonds, Series 2004. The Village has pledged non-ad valorem revenues to secure payment of the principal and interest on the bonds. The bonds mature on November 1, 2022. The bonds bear interest on the outstanding principal balance from its date of issuance payable quarterly on the first day of each Debt Service Budget Year 2021-2022 52 | Page Annual Budget Book |Fiscal Year 2021-2022 February, May, August and November, commencing November 1, 2011, at an interest rate equal to 2.41% per annum. Effective January 1, 2018, the Tax Cuts and Jobs Act amended the interest rate of this bond, increasing the interest rate to 2.92% per annum. As a result of this amended rate and the Village’s historical principal payments on the bond, the bond’s final debt service payment is expected to be August 1, 2022. 3. SCHOOL IMPROVEMENT REVENUE BONDS, SERIES 2012 On October 24, 2012, the Village issued $5,575,000 of School Improvement Revenue Bonds, Series 2012 for the purpose of providing a portion of the financing of a permanent secondary educational facility and recreational fields owned and operated by the School Board of Miami-Dade County for Village residents located at the Mast Academy campus as well as necessary renovations of the Key Biscayne K-8 Center, financing architectural, engineering, environmental, legal, and other planning costs related thereto, and paying cost of issuance of the bonds. The bonds mature on October 1, 2032. The bonds bear interest on the outstanding principal balance from its date of issuance payable semiannually on each April 1 and October 1 (the “interest payment dates”) commencing April 1, 2013, at an interest rate equal to 3.35% per annum. The bonds require the Village to appropriate in its annual budget, from non-ad valorem revenues amounts sufficient to cover debt service. 4. SCHOOL IMPROVEMENT REVENUE BONDS, SERIES 2014 On July 1, 2014, the Village issued $4,575,000 of School Improvement Revenue Bonds, Series 2014 for the purpose of providing an additional portion of the financing of a permanent secondary educational facility and recreational fields owned and operated by the School Board of Miami-Dade County for Village residents located at the Mast Academy campus as well as necessary renovations of the Key Biscayne K-8 Center, financing architectural, engineering, environmental, legal, and other planning costs related thereto, and paying cost of issuance of the bonds. The bonds mature on October 1, 2029. Principal pf the bones are paid in annual installments on each October 1, commencing October 1, 2015. The bonds bear interest on the outstanding principal balance from its date of issuance payable semi-annually on each April 1 and October 1 (the "interest payment dates") commencing October 1, 2014, at an interest rate equal to 2.76% per annum. The bonds require the Village to appropriate in its annual budget, from non-ad valorem revenues amounts sufficient to cover debt service Debt Service Budget Year 2021-2022 53 | Page Annual Budget Book |Fiscal Year 2021-2022 5. SEWER IMPROVEMENT REVENUE BONDS, SERIES 2016 On June 29, 2016, the Village issued $3,490,000 of Sewer Improvement Revenue Bonds, Series 2016 for the purpose of refinancing the State Revolving Fund Loan, 2009. The bonds require the Village to appropriate in its annual budget, from non- ad valorem revenue amounts sufficient to cover debt service. The bonds mature on February 15, 2030. The bonds bear interest on the outstanding principal balance from its date of issuance payable semi-annually on each February 15 and August 15, at an interest rate equal to 1.97% per annum STATE REVOLVING FUND LOAN, 1996 In June 1996, the Village entered into a loan agreement in the amount of $887,983 for the financing of the planning and engineering of the proposed sanitary sewer construction project under a State Revolving Fund Loan. The loan is secured by the state revenue sharing funds. The loan is payable in semi-annual payments over 20 years beginning on April 15, 2003 at an interest rate of 2.56% per annum. The loan matures on October 15, 2022. FIRE ENGINE BANK LOAN On May 10, 2021, the Village entered into a loan agreement for the purpose of financing the acquisition of Fire Engine Truck. The loan matures on October 1, 2030. The loan bears interest on the outstanding principal balance from its date of issuance payable semiannually on each April 1 and October 1 commencing October 1, 2021, at an interest rate equal to 1.764% per annum. Village Council & Initiatives Budget Year 2021-2022 54 | Page Annual Budget Book |Fiscal Year 2021-2022 Function The Council, as the legislative body of the Village, determines public policy to meet community needs and appoints a Village Manager who is responsible for administration of that policy and managing the Village’s departments and services. The Council also appoints the Village Clerk and the Village Attorney. The Council is responsible for the overall direction of the Village and general welfare of Key Biscayne residents. Village Council elections are held on the first Tuesday after the first Monday of November, every even numbered year. To be eligible to seek office, a person must be a resident of the Village of Key Biscayne for at least one year and be a qualified elector of the Village Prior Year’s Significant Accomplishments • Maintained regular council meetings in a modified, virtual environment Budget Function “Council Initiatives” members are appointed individuals whose purpose is to advise the Village Council about activities in the areas represented Prior Year’s Significant Accomplishments • Vison Board 2040 planning and kick off Village Council & Initiatives Budget Year 2021-2022 55 | Page Annual Budget Book |Fiscal Year 2021-2022 Intentionally left blank Budget Major Budget Highlights & Changes Vision This line item included the cost of an urban planner to facilitate and prepare the 2040 Strategic Vision Plan and provide urban planning services to the Parks and Open Spaces Board. No additional funding is necessary in Fiscal Year 2022, and therefore the line has decreased by $165,000. Art In Public Places This line item included the cost of an art advisor. This cost was moved to the Parks and Recreation department for Fiscal Year 2022. Education An agreement between The Village and the Miami-Dade County school district to fund towards the greater benefit of the public schools that serve Key Biscayne residents. Committee Expenses This line item covered miscellaneous committee expenses but has been eliminated in Fiscal Year 2022. Intentionally left blank Office of the Village Clerk Budget Year 2021-2022 56 | Page Annual Budget Book |Fiscal Year 2021-2022 Function The Village Clerk acts as Secretary to the Council by recording and maintaining accurate minutes of the proceedings of the Village Council, publishing public notices, and maintaining custody of all official records. The Village Clerk serves as the Supervisor of Elections for the Village. The Village Clerk administers the publication of the Village Code, code supplements and the Village Charter. The Village Clerk provides notary services and administers oaths of office to Village officials. Serves as Financial Disclosure Coordinator with the State of Florida Commission on Ethics and serves as the Records Management Liaison with the State of Florida Department of State. Prior Year’s Significant Accomplishments • Successfully maintained custody of Village records and coordinated the optical-imaging and storage of said records • Served as a liaison between the public and Council as required while maintaining the utmost level of professionalism and efficiency Objectives The following objectives were developed to provide strategic guidance of the department’s priorities and goals as they relate to the Village’s overall mission and values. Providing Values Based Government Services • Complete and distribute Council meeting Agendas to the Council, staff and public five days prior to the scheduled meeting • Establish and maintain an effective and efficient public records request process • Apply technology effectively and efficiently to provide increased and improved access to agreements, contracts, ordinances, resolutions and proclamations • Applies cutting edge technology for a more efficient elections process Authorized Positions Village Clerk Full Time FY18-19 FY19-20 FY20-21 FY21-22 Village Clerk 1 1 1 1 Executive Assistant 1 1 1 1 FT Total 2 2 2 2 Office of the Village Clerk Budget Year 2021-2022 57 | Page Annual Budget Book |Fiscal Year 2021-2022 Budget Major Budget Highlights & Changes Communications Infrastructure In FY21, the Community Outreach & Engagement Officer position was created and has been tasked with the responsibility of managing all emergency management disaster and community outreach communications. As such, the Office of the Village Clerk Budget Year 2021-2022 58 | Page Annual Budget Book |Fiscal Year 2021-2022 line item experienced a decrease in $30k, of which $15k was transferred to the administrative budget Other Current Charges) This line item experienced a $12,500 increase associated with legal advertising costs associated with public mailings & hearings, ordinance, solid waste advertising in the Miami Herald, Miami Daily Business and Islander News Subscriptions (includes software licenses) This line item experienced a $17,522 increase for the purchase of a document repository software system in support of enhanced public access/transparency to documents as requested by Council. It also includes costs associated with IT contractual services and software upgrades. Intentionally left blank Administration Budget Year 2021-2022 59 | Page Annual Budget Book |Fiscal Year 2021-2022 Function The Village Manager is the Chief Administrative Officer of the Village. The Manager is responsible to the Council for the administration of all Village affairs, including planning, organizing, directing, staffing, coordinating, and budgeting for the widespread programs and services provided to Village residents, businesses, and guests. The Village Manager is appointed by, and serves at the pleasure of, the Village Council; he/she is directly responsible for executing Village laws, ordinances, and implementation of policies set forth by the Village Council. The Manager’s Office provides support to all Village operating departments for coordination of financial, human resource, procurement, communication, information technology and other administrative efforts. Prior Year’s Significant Accomplishments • Issuance of new bonds under more favorable terms that resulted in a present value savings of approximately $750,000 • Launch of a new and improved Village website • Secured favorable annual renewals to employee benefit plans with no cost impact(s) to employees • Development and maintenance of a master contracts list to support proactive contract management processes while maximizing renewal options of vendor agreements • Upgrade of Council meeting agenda software and systems to provide a more seamless and user-friendly experience Objectives The following objectives were developed to provide strategic guidance of the department’s priorities and goals as they relate to the Village’s overall mission and values. Providing Values Based Government Services • Provide impeccable customer service and responsiveness with a human touch • Proactive fiscal responsibility and transparency • Diversify funding sources • Streamline Village operations • Utilize Cutting edge technology solutions • Maintain and uphold Capital assets • Attract and retain top employees • Develop and train leaders • Motivate and recognize staff Administration Budget Year 2021-2022 60 | Page Annual Budget Book |Fiscal Year 2021-2022 Enhance Collaboration and Communication • Encourage community involvement and support • Integrate with partners that engage with and support the community • Grow and manage a regional collaborator support network • Provide timely, accurate information • Engage with and be present in the community • Manage the Village’s image and brand Authorized Positions Administration Full Time FY18-19 FY19-20 FY20-21 FY21-22 Village Manager 1 1 1 1 Assistant Manager 1 0 0 0 Chief Financial Officer / Finance Dir. 0 1 1 1 Comptroller 0 1 1 1 Chief of Staff 1 1 1 1 Human Resources/Risk Mgmt Director 1 1 1 1 IT Administrator 1 1 1 1 Accounting & Payroll Clerk 1 1 1 1 Assistant to IT Administrator 1 1 1 1 Receptionist/Executive Assistant 1 1 0 1 Procurement Officer 0 0 0 1 Procurement Specialist 0 0 1 1 Chief Resilience & Sustainability Officer 0 1 1 0 Community Engagement & Communications Officer 0 0 1 1 FT Total 8 10 11 12 Administration Budget Year 2021-2022 61 | Page Annual Budget Book |Fiscal Year 2021-2022 Budget Major Budget Highlights & Changes Personnel & Benefits Personnel costs increased by $315,638 and covers the salary and benefits for positions authorized under this office. The increase was mainly due to the Administration Budget Year 2021-2022 62 | Page Annual Budget Book |Fiscal Year 2021-2022 recruitment and hiring of a Procurement officer to oversee and lead village wide procurement activities and initiatives. Community Foundation The $114,988 decrease in this line item represents the termination of the contractual services between the Village and the Community Foundation of $125,000 for services involving fiscal oversight of community groups and management of annual events. Additional increase to promotional activities resulted in an increase of $10,012. Subscriptions and Memberships (includes software licenses) The modification to this item incorporates the merging of $40,200 into a single ADP payroll services line, moved from Accounting & Auditing expense into Subscriptions and Memberships. Intentionally left blank Office of the Village Attorney Budget Year 2021-2022 63 | Page Annual Budget Book |Fiscal Year 2021-2022 Function The Office of the Village Attorney was created by Section 3.05 of the Village Charter. The primary goal of the Office of the Village Attorney is to provide legal services to the Village as a municipality. The Village Attorney is appointed directly by the Village Council. As the Village’s legal counsel, the office is committed to serving the public of Key Biscayne by providing legal advice to the Village council and Village Staff. The Village of Key Biscayne receives legal services under contract with the law firm of Weiss Serota Helfman Cole & Bierman, P.L. To date, the firm has been able to provide all legal needs to the Village without the necessity of retaining outside counsel. The firm provides legal advice and services to the Village on a regular basis in the following areas: • Personnel matters • Land Use & Zoning matters • Sunshine Law • Drafting and/or review of contracts • Litigation • Stormwater Utility • Police related legal advice • Conflict of interest issues • Lien procedures • Real estate and related matters • Construction Law and related matters • Public Records Law • Drafting resolutions and ordinances • Preventive advice relating to contested matters • State and National Legislative matters Prior Year’s Significant Accomplishments • Provided legal counsel on numerous COVID-19 Issues, including assisting the Village in getting reimbursed for COVID-19 expenditures (including legal costs) from CARES Act funding and helped guide the Village through American Rescue Plan Act funding. • Successfully defended the Village’s General Obligation Bond • Handled several election and ethics issues • Drafted numerous ordinances and resolutions • Provided high quality, cost efficient, and timely day to day legal counsel Office of the Village Attorney Budget Year 2021-2022 64 | Page Annual Budget Book |Fiscal Year 2021-2022 Objectives The following objectives were developed to provide strategic guidance of the department’s priorities and goals as they relate to the Village’s overall mission and values. Providing Values-Based Government Services • Provide the Village with legal advice that helps the Village accomplish its goals while continuing to avoid costly litigation • Resolve pending litigation; if settlement is not possible, pursue litigation to a successful conclusion • Approach problems as opportunities for arriving at creative solutions • Provide unbiased legal advice • Work with administration to standardize forms and procedures to reduce necessity for legal work and associated costs Budget Major Budget Highlights & Changes Legal Counsel – Labor Relations This line decreased by $15,000 to adjust toward anticipated expenses Legal Counsel – Charter Review Commission This line was created with $15,000 for the anticipated Charter Review Commission this fiscal year. Hourly Rate Increase   FY2019 FY2020 FY2021 FY2021 FY2022 Description Actual Actual YTD 6/30 Budget Proposed Dollar % LEGAL COUNSEL - GENERAL 429,646 401,938 180,288 300,000 300,000 - LEGAL COUNSEL - LAWSUITS 81,774 50,901 48,276 100,000 100,000 - LEGAL COUNSEL - LABOR RELATIONS 100,155 68,398 27,842 75,000 60,000 (15,000) LEGAL COUNSEL-UNDERGROUND UTILITIES 32,458 2,080 420 50,000 50,000 - LEGAL COUNSEL - BOND COUNSEL 160 19,370 24,004 15,000 15,000 - LEGAL COUNSEL - SPECIAL PROJECTS 9,940 3,161 25,000 25,000 - LEGAL COUNSEL - CHARTER REVIEW COMMISSION - 15,000 15,000 LEGAL COUNSEL - LITIGATION 25,000 25,000 - Total Attorney Expenses 654,133 542,687 283,991 590,000 590,000 - 0% Attorney Fiscal Year 2021-2022 Variance Office of the Village Attorney Budget Year 2021-2022 65 | Page Annual Budget Book |Fiscal Year 2021-2022 The Village is currently charged $200 per hour for legal services. This rate has not increased for at least the last 11 years. We respectfully request a rate increase to $225 per hour. Given the Village’s continued efficiency and streamlining we do not anticipate the need to increase the Village Attorney’s budget to compensate for the increase in rate. Intentionally left blank Planning, Zoning, & Code Compliance Budget Year 2021-2022 66 | Page Annual Budget Book |Fiscal Year 2021-2022 Function Zoning and Planning Division The Zoning and Planning Division is responsible for reviewing plans for enforcement with the zoning and land development regulations and providing information to residents and architects on the development potential of a property. Division makes recommendations to the Village Council regarding site plan Review applications and variances, and prepares studies as directed. Code Compliance Division The Code Compliance Division enforces the zoning and land development regulations, the property maintenance standards ordinance, and violations of the Florida building code. Division administers the Special Magistrates Board. Staff administers the issuance of Business Tax Receipts. Prior Year’s Significant Accomplishments • Performed 548 plan reviews, and 275 inspections (as of August 30, 2021). • Completed Zoning Code Amendment ordinance package and held the first ordinance hearing • Responded to 2,300 complaints, issued 252 Warning Violation Notices and 98 Civil Violation Notices, brought a total of 1,366 cases to compliance • Transitioned Code Compliance Officer from contractor to inhouse to improve the appearance of the community and prepare for the demands as the Village changes Objectives The following objectives were developed to provide strategic guidance of the department’s priorities and goals as they relate to the Village’s overall mission and values. Delivering Services, Projects, and Programs • Revise zoning ordinances and building standards to compatibly shape and enrich Village growth, safety, and resilience • Revise and update the Comprehensive Plan & Flood Ordinance • Adopt-A-Traffic Circle • Creation of Tree Ordinance through a partnership with Tree City USA Planning, Zoning, & Code Compliance Budget Year 2021-2022 67 | Page Annual Budget Book |Fiscal Year 2021-2022 • Establish Business Plaza landscaping standards • Enforce building and appearance standards • Assess the enforceability of our code Authorized Positions Planning, Zoning & Code Compliance - Full Time FY18-19 FY19-20 FY20-21 FY21-22 Plan Reviewer 1 1 1 1 Executive Assistant / BTR 0 1 1 1 Code Compliance Officer 2 0 1 2 FT Total 3 2 3 4 Budget Planning, Zoning, & Code Compliance Budget Year 2021-2022 68 | Page Annual Budget Book |Fiscal Year 2021-2022 Major Budget Highlights & Changes Personnel & Benefits Personnel costs increased by $150,735 and covers the salary and benefits for positions authorized under this department. The increase is mainly due to the proposed hiring of a second Code Compliance Officer Intentionally left blank Building Budget Year 2021-2022 69 | Page Annual Budget Book |Fiscal Year 2021-2022 Function The Building Division's primary responsibility is the administration of the Florida Building Code. The division provides for the orderly processing of permits, performs inspections in a timely and safe manner, and ensures that construction complies with the provisions of all applicable codes, and ensures that all construction work has received building permits. The Building Division verifies that contractors have the proper credentials and licenses to perform work in the Village. Property owners and contractors that are working without permits receive violation notices, fines, and penalties. Floodplain Management is administrated under the Building Division. Prior Year’s Significant Accomplishments • Issued 2,263 permits, 6,037 plan reviews, and 7,007 inspections • Implemented Accela Citizen Access Portal to increase efficiency and accuracy of permitting and provide timely service • Ensured compliance with the 40-year certification program • Building Code Effectiveness Grading Schedule (BCEGS) Classification of 3 for 1 and 2 family residential, and 2 for commercial. Classifications are from 1 to 10. Classification 1 represents exemplary commitment to building- code enforcement. • All technical staff re-certified by the State and Miami-Dade County, Board of Rules and Appeals (BORA) through training, and continuing education programs on newly adopted 2020 Florida Building Code which became effective on December 31, 2020. Objectives The following objectives were developed to provide strategic guidance of the department’s priorities and goals as they relate to the Village’s overall mission and values. Delivering Services, Projects, and Programs • Create a business-friendly environment to attract, retain and expand commercial, retail, dining, and entertainment businesses • Enhance plans, permit, and inspection processing using a streamlined system that supports electronic reviews processes • Building Recertification - Ongoing Program • Maximize Incentives through F.A.R Bonuses • NFIP CRS - Lower CRS Rating to a 7 Building Budget Year 2021-2022 70 | Page Annual Budget Book |Fiscal Year 2021-2022 • Assess the enforceability of our code Authorized Positions Building - Full Time FY18-19 FY19-20 FY20-21 FY21-22 Building, Zoning, & Planning Director 1 1 0 1 Building Official 1 1 1 1 Chief Permit Clerk 1 1 0 0 Permit Clerks 3 2 2 2 Special Projects Coordinator 0 1 1 0 Executive Assistant Code Compliance /BTR 1 0 0 0 Administrative Assistant/Records Technician 0 1 0 1 Chief Code Enforcement Officer 1 0 0 0 Chief Building Inspector 1 1 1 1 Chief Electrical Inspector 1 1 1 1 Chief Plumbing Inspector 1 1 1 1 Building Inspector 1 1 1 1 Senior Executive Assistant 1 1 1 1 FT Sub-Total 13 12 9 10 Building - Part Time FY18-19 FY19-20 FY20-21 FY21-22 PT Mechanical Inspector 1 1 1 1 PT Inspector 3 3 2 0 PT Greeter 1 0 0 0 PT Permit Clerk 0 0 0 0 PT Sub-Total 5 4 3 1 Total 18 16 12 11 Intentionally left blank Building Budget Year 2021-2022 71 | Page Annual Budget Book |Fiscal Year 2021-2022 Budget Major Budget Highlights & Changes Personnel & Benefits Personnel costs increased by $256,908 and covers the salary and benefits for positions authorized under this Department. The increase is mainly due to additional position(s) that are being proposed Building Budget Year 2021-2022 72 | Page Annual Budget Book |Fiscal Year 2021-2022 Professional Services This line item covers for professional services for Structural Plan Examiner, and Floodplain Management, and back-up services for inspectors. Structural Plan Examiner is a part time outsourced position. Backup services are provided by service providers on as needed basis. Capital Outlay Equipment This line includes acquisitions of capital assets. This line increased by $10,967 due the need for large size monitors for electronic plan review, and the cost allocation of IT hardware for workstation and server replacements, and backup batteries. Intentionally left blank Public Works Budget Year 2021-2022 73 | Page Annual Budget Book |Fiscal Year 2021-2022 Function The Public Works Department is responsible for design, construction, renovation, operation, and maintenance of public assets including but not limited to stormwater infrastructure, roadway streets, sidewalks, street and landscape lighting, greenspace management, and shoreline management. Prior Year’s Significant Accomplishments • Finished construction of Safe Routes to Schools Project • Completed construction of Fernwood drainage and parking improvements Project • Completed Crandon Boulevard beautification improvements • Removed approximately 7000 cubic yards of seaweed while managing an effective shoreline management • Finalized dune restoration (s), enhanced planting, and removal of exotic plant species the full length of Key Biscayne beach • Established the first publicly available electric vehicle charging station in the Fernwood parking area Objectives The following objectives were developed to provide strategic guidance of the department’s priorities and goals as they relate to the Village’s overall mission and values. Delivering Services, Projects & Programs • Improve Village Hall and Community Center's appearance and functionality: Provide well maintained, functional, and representative facilities for residents and other stakeholders use. • Develop a Village-wide landscaping and streetscaping plan to include medians, Village Green, Facilities: Provide resilient, native, and uniform landscaping and greenspace for all stakeholder’s enjoyment • Improve Crandon Blvd traffic, bicycle and pedestrian flow and safety • Integrate streetlight improvements into utilities and complete streets plan • Finalize easements and construct three additional beach access pathways • Create a 15-year integrated resilient & sustainability strategy and implementation plan • Develop 5-Year Capital Improvements Plan Public Works Budget Year 2021-2022 74 | Page Annual Budget Book |Fiscal Year 2021-2022 • Transfer remaining septic tanks to sewer connections • Develop a seaweed/sargassum removal and composting plan in collaboration with Virginia Key Historic Beach Trust • Increase number of electronic vehicle charging stations • Develop plan to electrify municipal fleet • Retrofit existing facility and street lighting with LED lights Authorized Positions Public Works - Full Time FY18-19 FY19-20 FY20-21 FY21-22 Public Works Director 1 1 1 1 Chief Resiliency & Sustainability Officer 0 0 0 1 Superintendent 0 0 0 1 Engineer 0 1 1 1 Capital Imp. / Grants Manager 0 0 0 1 Maintenance Laborer 1 1 0 1 Maintenance Supervisor 1 1 1 1 Resiliency Coordinator 1 1 1 1 Horticulturist 0 1 1 1 Administrative Assistant/Records Tech 0 0 1 0 Administrative Assistant 1 0 0 0 FT Sub-Total 5 6 6 9 Public Works - Part Time FY18-19 FY19-20 FY20-21 FY21-22 PT Storm Water Representative 1 0 0 0 PT Special Projects Coordinator 1 0 0 0 PT Sub-Total 2 0 0 0 Total 7 6 6 9 Public Works Budget Year 2021-2022 75 | Page Annual Budget Book |Fiscal Year 2021-2022 Budget Major Budget Highlights & Changes Personnel & Benefits Personnel costs increased by a net of $357,047. This increase covers the salaries, benefits, and covers the hiring of three (3) new full-time positions to be added to the current Departmental staffing levels Professional Services Public Works Budget Year 2021-2022 76 | Page Annual Budget Book |Fiscal Year 2021-2022 This line item supports miscellaneous professional services not associated with the Capital Improvement Plan. It incorporates the inclusion of a water quality testing program and a technical ocean engineering service contract to support efforts needed to support Key Biscayne’s inclusion into the USACE long term 50-year shoreline protection program Contract Services This line item increased by $84,583 due to increased levels of service associated with beach management and maintenance activities. In FY22, the beach maintenance budget is being increased to reflect the higher anticipated truck hauling needs. Intentionally left blank Police Department Budget Year 2021-2022 77 | Page Annual Budget Book |Fiscal Year 2021-2022 Function The Village of Key Biscayne Police Department is a multi-functional organization that provides all law enforcement services to the Village, except for violent crime investigations, SWAT response, or the use of K-9 officers. The Police Department is staffed by 36 sworn law enforcement officers and 11 civilian support personnel, which includes those in Communications, Information Technology, Fleet Maintenance, Computer Aided Dispatch/Records Management System, and a Property and Evidence Unit. Each of these functions combined provides the highest level of service and response to this community. Prior Year’s Significant Accomplishments Completed the Police Department’s 5th Florida Accreditation Commission for Law Enforcement (State Accreditation) onsite (final inspection) in December 2020. Agency was awarded its first Excelsior recognition Objectives The following objectives were developed to provide strategic guidance of the department’s priorities and goals as they relate to the Village’s overall mission and values. Delivering Services, Projects, and Programs • Identify and manage relationships with key industry, civic, academic, religious and county partners • Partner with Miami-Dade County and Village Public Works on improving Crandon Blvd traffic, bicycle and pedestrian flow and safety • Elevate partnerships with MDCPS, MAST, K-8 and Parochial Schools, and Dade County School Board • Enact a community policing program to reduce disorder and prevent crime while increasing citizen engagement • Increase traffic enforcement along Crandon Blvd, Harbor Dr and selected locations to enhance public safety on our roadways. • Conduct high-visibility marine patrols to deter and address public nuisance & encourage safe boating through education & enforcement • Hold a joint Police & Fire Public Safety Day in Spring to showcase all the Village's public safety assets and programs • Prioritize crime prevention by using programs that are inclusive to our residents along with innovating proactive patrol strategies Police Department Budget Year 2021-2022 78 | Page Annual Budget Book |Fiscal Year 2021-2022 Providing Values Based Government Services • Employ technology, crime data and resident survey results to focus efforts to reduce disorder and crime • Increase Department’s Police Bicycle Program, using all sworn members, including top staff to continue and conduct patrol rides throughout the community during peak traffic and pedestrian hours. This Community Policing effort increases visibility and a sense of safety for our citizens and visitors. • Conduct monthly community engagement and public safety events to keep citizens informed and safe. Authorized Positions Police - Full Time FY18-19 FY19-20 FY20-21 FY21-22 Full Time Chief of Police 1 1 1 1 Deputy Chief of Police 2 2 2 1 Police Lieutenant 3 3 3 4 Police Sergeant 5 5 5 5 Police Officer 25 25 25 27 Fleet Maintenance & Service Coordinator 1 1 1 1 Municipal Utility Worker 1 1 1 1 Information Systems Administrator 1 1 1 1 Senior Executive Assistant 1 1 1 1 Executive Assistant 1 1 1 1 Executive Services Administrator 1 1 1 1 Dispatcher Supervisor 1 1 1 1 Dispatchers 3 3 3 3 Administrative Services Coordinator 1 1 1 1 FT Total 47 47 47 49 Police Department Budget Year 2021-2022 79 | Page Annual Budget Book |Fiscal Year 2021-2022 Budget Major Budget Highlights & Changes The Police Department budget is a total of $8,940,062, which is $699,200 (8%) increase to Fiscal Year 2021’s Adopted Budget. Police Department Budget Year 2021-2022 80 | Page Annual Budget Book |Fiscal Year 2021-2022 Personnel & Benefits Personnel costs increased by $356,510. This increase covers the salaries, benefits, obligations to collective bargaining contracts of all Department personnel. It also covers two (2) new police officer positions to be added to the current Departmental staffing levels. There were also cost savings by reclassifying a Deputy Chief’s position into a Lieutenant’s position Contract Services This line item has increased by $78,620 from prior year. In large part, this is due to the Crossing Guard Program’s increase of personnel to cover all the locations as identified by the “Safe Routes to School”. The increase also reflects a contractual hourly rate increase, uniform expenses, increasing insurance costs, and a state mandated training for a total of 76-hours at $28.49 per hour. Travel & Per Diem This line item increased by $27,025. This increase is due to last Fiscal year’s deferral of attending conferences and non-local trainings due to COVID19. Promotional Activities -D.A.R.E This line increased by $21,000 from prior year. This increase is due to bring back the Anti-Bullying programs (Retro Bill presentation and travel) ($5,500) and Halloween Safety ($4,500). The department will also be bringing back “Public Safety Day” ($11,000) in Fiscal Year 2022. Subscriptions & Memberships This line increased by $62,281 from prior year. Memberships for Notary Public, the Miami-Dade Chiefs September Awards ceremony, LeadsOnLine investigative software. The increase also covers Software costs to Superion/Central Square CADRMS annual maintenance, software licenses, Body Cam video storage, GPS Fleet Management, and phone system maintenance. Accreditation annual fees also increased. Capital Outlay Capital Outlay increased by $90,000 from prior year. This increase is due to last Fiscal year’s deferral of improvements (needed/end of life) to the CADRMS system, server replacements, and the repowering of two (2) 300hp Yamaha engines for the Contender marine patrol vessel. Fire-Rescue Department Budget Year 2021-2022 81 | Page Annual Budget Book |Fiscal Year 2021-2022 Function The Fire-Rescue Department is a full service, all-hazards emergency response organization staffed with highly trained firefighter-paramedics. The Fire- Rescue Department is known to respond to fire and medical emergencies and is trained to mitigate car accidents, hazardous material emergencies, boating accidents, emergencies on the water, entrapments underground, and high angle rescue are some examples of what the department is prepared for. Additionally, the department coordinates the Village’s emergency management response. Emergency Management guides the preparation, response and recovery phase of large-scale responses that impact the Village’s safety, infrastructure and ability to provide mission critical services. Hurricane preparation and response is the most prevalent but in 2020 and 2021 the Village faced the need to prepare, respond and recover from the Coronavirus Pandemic (COVID-19). Prior Year’s Significant Accomplishments • Implemented the Village wide COVID-19 Vaccine Program in collaboration with Miami Dade County and Florida Department of Emergency Management • Coordinated the replacement of Key Biscayne Engine 2 • Completed emergency communications infrastructure improvements through a working partnership with the City of Miami to install new repeater in Bill Baggs State Park. The result is enhanced fire radio communications through the Village and inside many of high-rise buildings. This benefit came at no cost to the Village • The successful ratification of the collective bargaining agreement between the Village and Firefighter Local 3638 Union Contract. The contract expired in September of 2020. Objectives The following objectives were developed to provide strategic guidance of the department’s priorities and goals as they relate to the Village’s overall mission and values Delivering Services, Projects, and Programs • Conduct annual inspections on all multi-family and commercial occupancies to improve community fire prevention • Build new fire engine to meet required operational specification Fire-Rescue Department Budget Year 2021-2022 82 | Page Annual Budget Book |Fiscal Year 2021-2022 • Perform accreditation self-assessment to assure the process of appointing a compliance officer as the new accreditation manager. • Perform a community risk reduction assessment to identify and address highest threat/risk conditions in Village • Conduct a joint Police and Fire-Rescue response exercise to respond to a man-made disaster to improve efficiencies & safety • Manage supporting public safety and emergency management related relationships to enhance to enhance response Authorized Positions Fire - Full Time FY18-19 FY19-20 FY20-21 FY21-22 Fire Chief 1 1 1 1 Deputy Fire Chief 2 2 2 2 Fire Captains 3 3 3 3 Executive Assistant to the Fire Chief 1 1 1 1 Fire Lieutenants 7 7 7 7 Drivers/Engineers 12 12 12 12 Firefighters/Paramedics 14 14 14 14 Inspector - Fire Prevention 0 0 0 1 Administrative Assistant/Records Technician 0 0 1 0 FT Sub-Total 40 40 41 41 Fire - Part Time FY18-19 FY19-20 FY20-21 FY21-22 PT Inspectors - Fire Prevention 1 1 1 0 PT Community Outreach Liaison 1 1 0 0 PT Sub-Total 2 2 1 0 Total 42 42 42 41 Intentionally left blank Fire-Rescue Department Budget Year 2021-2022 83 | Page Annual Budget Book |Fiscal Year 2021-2022 Budget Major Budget Highlights & Changes Personnel & Benefits Personnel costs increased by $436,867. This increase covers salaries, benefits, retirement contributions, special pay and overtime costs associated with all Fire department personnel. Fire-Rescue Department Budget Year 2021-2022 84 | Page Annual Budget Book |Fiscal Year 2021-2022 Overtime costs increased $60,000 based on the council and administration decision to pay overtime when incurred instead of allowing the employee to bank time. While this increases the current year’s budget, the Village will realize long term savings as the rate of the payout will be at current rates, rather than increasing the liability at future, increased rates. The retirement contributions line item includes the cost of pension contributions and 401(a) plan contributions for non-sworn personnel. The contributions increased by $219,316. The two driving factors included an increase in Chapter 175 contributions received from the state which impacted the revenue and the expense. Additionally, the offset from Special pay reductions were accounted for in this line item. Other Contract Services The Automatic Aid and Ancillary Services agreement is an annual contract with the City of Miami increased the annual cost by $38,000. This contract has been in place since the department’s inception in 1993. The Department is supported like a Miami Fire Department station. Some of the services include automatic dispatch of emergency units to incidents on Key Biscayne. This is different than mutual aid because it is automatic. All emergency response capabilities of the City of Miami are available to the Village. In addition, the agreement provides for repairs of the 5-emergency response apparatus, fuel, expendable EMS supplies, training and the infrastructure support of emergency radio communications and alerting. It is recommended to continue this agreement to support the department’s response. This line item also includes amounts paid to the Village’s custodial services provider for the annual contract. The Fire Department’s share of the contract was not properly reflected in prior year’s budgets based on the consumption of the resources. Although the Village wide price remained constant, the Fire Department’ share increased by $18,000. The Fire Rescue Department manages most of services and this contract provides basic janitorial services and cleaning of the Fire Department Administrative Offices. Capital Outlay This line item includes funding for fixed assets includes items such as motor vehicles, heavy equipment, office furniture or equipment, and other machinery and equipment. There is funding to replace end of life personnel protective equipment (Bunker Gear) and maintain the fire rescue building. This year’s decrease of $98,000 was due to a $40,000 reduction in facility repairs, and $54,000 reduction in equipment costs. Parks, Community Center, Athletics & Community Groups Budget Year 2021-2022 85 | Page Annual Budget Book |Fiscal Year 2021-2022 Function The primary function of the Parks, Community Center & Athletics departments is to provide residents of the of Village of Key Biscayne with access to world class, environmentally sensitive facilities with programs and events that meet the emotional, social, and physical needs of the community. These departments manage, maintain, and operate parks and recreational facilities owned by the Village. Additionally, through inter-local and joint use agreements, a wide variety of special events of cultural, recreational, and athletic nature are held at Calusa Park, St. Agnes field, and MAST Academy Prior Year’s Significant Accomplishments Parks Department • Conducted and presented the results of the Community Satisfaction Survey • Applied and received a $50,000 grant for improvements to Lake Park and a grant in the amount of $50,000 for improvements Hampton Park Community Center Department • Installed a new scoreboard system in the Community center gymnasium • Launched an online registration portal • Conducted a 10-week youth summer camp program Athletics Department • Successfully managed (7) seven field sports programs and transitioned them to indoor athletic programming • Negotiated use of field space at a Shenandoah Park with the City of Miami Objectives The following objectives were developed to provide strategic guidance of the department’s priorities and actions supporting the Village’s overall mission and values Delivering Services, Projects & Programs • Complete the construction of Paradise Park • Replace the Village Green splash pad • Resurface and enhance the Calusa Park tennis courts • Sod and adjust the lights at St. Agnes field • Improve the appearance and functionality of the Community Center Parks, Community Center, Athletics & Community Groups Budget Year 2021-2022 86 | Page Annual Budget Book |Fiscal Year 2021-2022 • Coordinate the plans and design of the new Key Biscayne branch library with Miami-Dade County • Enhance strategic engagement with community groups • Maintain strong relationships with our joint use agreement partners at MAST Academy, Key Biscayne K-8, and St. Agnes • Engage with City of Miami to participate in the Virginia Key Master Planning process. • Re-engage with Miami-Dade County to pursue viable active recreational space within Crandon Park. • Enhance youth programming throughout the Village Providing Values-Based Government Services • Provide impeccable customer service and responsiveness • Leverage grant funding opportunities to provide better facilities to residents • Increase revenue opportunities from existing and new programming Authorized Positions Parks Department - Full Time FY18-19 FY19-20 FY20-21 FY21-22 Parks, Recreation & Open Spaces Director 1 1 1 1 Assistant Parks & Recreation Director 1 1 1 1 Executive Administrative Assistant 1 1 1 1 Parks & Athletics Program Manager 0 1 1 1 Administrative Assistant 1 0 0 0 Community Program Coordinator 0 0 0 1 FT Total 4 4 4 5 Parks Department - Part Time FY18-19 FY19-20 FY20-21 FY21-22 PT Sub-Total 0 0 0 0 Total 4 4 4 5 Parks, Community Center, Athletics & Community Groups Budget Year 2021-2022 87 | Page Annual Budget Book |Fiscal Year 2021-2022 Community Center Dept - Full Time FY18-19 FY19-20 FY20-21 FY21-22 Youth Services Coordinator 1 1 1 1 Front Desk Manager 1 1 1 1 Adult Program Manager 1 1 1 1 Senior Recreation Supervisor 1 1 1 1 Gym Attendant 1 1 1 1 Head Lifeguard 1 1 1 1 FT Sub-Total 6 6 6 6 Community Center Dept - Part Time FY18-19 FY19-20 FY20-21 FY21-22 Life Guards 7 7 7 7 Room Monitors/Beach Rangers 23 23 23 23 Toddler Room 4 4 4 4 Front Desk 10 10 10 10 PT Sub-Total 44 44 44 44 Community Center Dept. - Seasonal FY18-19 FY19-20 FY20-21 FY21-22 Summer Camp Counselor 10 10 10 10 Seasonal Sub-Total 10 10 10 10 Total 60 60 60 60 Athletics Department - Full Time FY18-19 FY19-20 FY20-21 FY21-22 Athletics Coordinator 1 1 1 1 Assistant Athletic Coordinator 1 0 0 0 FT Sub-Total 2 1 1 1 Athletics Part Time FY18-19 FY19-20 FY20-21 FY21-22 Parks, Community Center, Athletics & Community Groups Budget Year 2021-2022 88 | Page Annual Budget Book |Fiscal Year 2021-2022 PT Athletic Staff 3 3 4 4 PT Sub-Total 3 3 4 4 Total 5 4 5 5 Parks Department Budget Parks, Community Center, Athletics & Community Groups Budget Year 2021-2022 89 | Page Annual Budget Book |Fiscal Year 2021-2022 Major Budget Highlights & Changes Personnel & Benefits Personnel costs increased by $101,181 and covers the salary and benefits for positions authorized under this Department. The increase is mainly due to an additional position being proposed. Promotional Event This line item covers the costs of producing community events and has experienced an increase of $80,480 mainly because in FY21 all programs were canceled or modified due to COVID 19 Community Center Budget Parks, Community Center, Athletics & Community Groups Budget Year 2021-2022 90 | Page Annual Budget Book |Fiscal Year 2021-2022 Major Budget Highlights & Changes Personnel & Benefits Personnel costs increased by $27,100 and covers the salary and benefits for positions authorized under this Department Professional Services-Program Revenue The line item includes payments to program service providers and generates a net profit for the Community Center. This line item has increased by $269,250 to account for current and future programs and classes Repairs & Maintenance- Comm Center The repairs & maintenance line item has been reduced by $135,745 through the transfer of items to the Capital Improvement Plan Capital Outlay This line item has been reduced by $67,483 through the transfer of items to the Capital Improvement Plan Intentionally left blank Parks, Community Center, Athletics & Community Groups Budget Year 2021-2022 91 | Page Annual Budget Book |Fiscal Year 2021-2022 Athletics Department Budget Major Budget Highlights & Changes Personnel & Benefits Personnel costs increased by $12,135 and covers the salary and benefits for positions authorized under this Department Promotional Activities This line item represents fees charged for sports program registrations. The expenditure is offset by the fees generated in “Sports Program Revenue”. Each athletic program needs to cover its individual operational costs Community Groups Parks, Community Center, Athletics & Community Groups Budget Year 2021-2022 92 | Page Annual Budget Book |Fiscal Year 2021-2022 Function In July 2021, the Key Biscayne Community Foundation made the decision to terminate its contract with the Village. The contract provided administration for fiscal oversight and event planning/fundraising services of the Village’s community group programs. As a result, the Village Administration will now directly oversee the community groups. Budget Community Group Descriptions Kindness in the Schools (KITS) (48.400) A parent-lead group focused on educating the members of the community with the aim of creating a positive and nurturing environment for our children. Provides school-based kindness and art awareness initiatives. Key Biscayne Children’s Business Fair A community and family one-day marketplace showcasing young entrepreneurs. Aims to motivate young entrepreneurs to recognize their ideas and turn them into action. Children create a product or service, develop a brand, build a marketing strategy, and then open for customers. FY2019 FY2020 FY2021 FY2021 FY2022 Description Actual Actual YTD 6/30 Amended Budget Proposed dollar % Discretionary (48.400) VILLAGE OF KINDNESS 4,500 1,321 1,604 5,000 5,000 - 0% KEY BISCAYNE CHILDREN'S BUSINESS FAIR 5,913 6,000 6,000 0% (49.422) YOUTH LEADERSHIP - 18,031 612 17,000 17,000 - 0% (49.100) ACTIVE SENIORS ON THE KEY CLUB 39,679 41,286 27,684 34,000 34,000 - 0% (48.500) HISTORICAL SOCIETY 13,535 14,630 1,182 15,000 15,000 - 0% (48.400) TRAP,NEUTER, & RELEASE PROGRAM 14,999 15,000 4,927 15,000 15,000 - 0% (49.425)KEY BISCAYNE COMPOSTING - 13,404 8,230 8,230 - 0% (48.500) 4TH OF JULY COMMITTEE 31,108 - 30,000 30,000 - 0% (48.200) ART FESTIVAL/4TH OF JULY PICNIC 4,000 - 4,000 4,000 - 0% (49.421) YOUTH COUNCIL - - 5,000 - (5,000) -100% (49.423) KEY BISCAYNE PIANO FESTIVAL - 27,464 12,498 29,500 29,500 - 0% (49.424) KEY BISCAYNE CAR WEEK - - 20,000 20,000 - 0% (48.750) CITY THEATRE 12,264 7,500 9,000 15,000 15,000 - 0% (49.433) K-8 SENIOR VOLUNTEERS - - 1,000 - (1,000) -100% Grand Total 120,085 138,636 63,419 198,730 198,730 - 0% Community Group Fiscal Year 2021-2022 variance Parks, Community Center, Athletics & Community Groups Budget Year 2021-2022 93 | Page Annual Budget Book |Fiscal Year 2021-2022 Youth Lead Change (Formerly Youth Leadership) (49.422) Offers youth between 13-25 worships, mentorship, and grants to create social and environmental initiatives. Provides a free educational online platform to create and grow initiatives. Teaches compassionate leadership and social entrepreneurship to empower young people to become positive changemakers. Active Seniors on the Key (49.100) Group exercise with instructor, walking group, health and wellness lectures, tai chi, lighthouse run warmup, OSHER lectures, book club, art classes, field trips, holiday parties, and similar events Historical & Heritage Society (48.500) Collects, archives and displays items of historical significance about Key Biscayne. Preserves and disseminates Island lore to promote and enhance our distinctive sense of community rooted in our Island heritage. Develops programming and events for lifelong learning on matters of local interest and to contributes to the rich public life that characterizes Key Biscayne. Enhances the "KB" brand and fosters civic engagement. Hosts tours at the HHS museum. Trap, Neuter, and Release Program (48.400) To humanely reduce the number of feral cats in Key Biscayne by neutering and placing as many cats as possible into loving homes. Pays for trapping, neutering, and fostering expenses. A Zero Waste Culture/Composting (49.425) Provides the community composting opportunities. Manages the pick-up programs at the farmer's market and offers community members compost for gardens and plants. 4th of July Committee (48.500) Plans, organizes and produces the Village's historical and traditional 4th of July Parade. KB 4th of July BBQ by the Rotary Club of KB (48.200) Plans, organizes and produces the Village's 4th of July BBQ to bring families and friends together for an afternoon of good food, entertainment, kids' activities, and cold beverages. Parks, Community Center, Athletics & Community Groups Budget Year 2021-2022 94 | Page Annual Budget Book |Fiscal Year 2021-2022 Key Biscayne Piano Festival (49.423) Offers classical and pop piano music. Composed of three programs divided in 11 events: monthly concerts, holiday concert, and Keys on the Key Festival Key Biscayne Car Week (49.424) An automotive race car festival providing residents and visitors an opportunity to explore and enjoy a wide range of race cars City Theater (48.750) Offers professional theatre production of 6-7 short ten-minute plays curated in one 80 minute program for presentation to the Key Biscayne community and visitors Intentionally left blank Capital Improvement Program Budget Year 2021-2022 95 | Page Annual Budget Book |Fiscal Year 2021-2022 Function The Village’s Capital Improvement Program (CIP) is strategically focused on delivering Resiliency, Quality of Life, Public Safety and General Services with a responsible and financially sound funding strategy. Budget FY22 – FY26 Reference 5-Year CIP spreadsheets on pages 98-102) Major Budget Highlights & Changes Below is a summary of proposed 5-year CIP budget projects as they relate to the Village’s goals and objectives. The Village continues to focus on Resilient Infrastructure, Public Safety, Quality of Life and General Services projects. The below summary includes a brief project synopsis and total project cost: General Services 1. Fleet This line item funds the purchase of approximately 7 public safety & service vehicles Total Project Cost: On-going Annual Proposed Allocation: $300,000 (General Funds $300,000) 2. Facility Repair & Renovations This line item funds repair and renovations of the Village Hall, Fire Station, Community Center, and other Village owned facilities. Total Project Cost: On-going Annual Proposed Allocation: $150,000 (General Funds $150,000) Public Safety 3. Vessel Exclusion Zone This line item funds the construction of an additional 15 regulatory buoys to demarcate the vessel exclusion area Total Project Cost: $48,500 FY22 Proposed Allocation: $48,500 (General Funds $48,500) Resiliency 4. Resilient Infrastructure Integration Strategy, Implementation, and Program Management Capital Improvement Program Budget Year 2021-2022 96 | Page Annual Budget Book |Fiscal Year 2021-2022 Professional services agreement for the implementation of a Village-wide resiliency program Total Project Cost: $474,000 FY22 Proposed Allocation: $474,000 (General Funds $237,000, Stormwater Fund $237,000) FY23-FY26 See attached Exhibit 1 5. Utility Undergrounding Phase 1 This line item funds the project planning & design phases Total Project Cost: $11,600,000 FY22 Proposed Allocation: $200,000 (ARPA $200,000) FY23-FY26 See attached Exhibit 1 6. Stormwater Infrastructure Improvements, K-8 School Central Basin This line item funds the project’s design criteria package and a portion of the design- build contract Total Project Cost: $4,020,433 FY22 Proposed Allocation: $1,556,130 (ARPA $1,056,130, EPA STAG Clean-Water SRF $500,000) FY23-FY26 See attached Exhibit 1 7. Shoreline Protection - 2021 Beach and Dune Renourishment This line item funds a three (3) year post construction monitoring process as required by FDEP Total Project Cost: On-going FY22 Proposed Allocation: $100,000 (General Funds $100,000) FY23-FY26 See attached Exhibit 1 8. Facilities Lighting Retrofit – Community Center This line item funds the LED retrofit of the Community center lights Total Project Cost: $260,000 FY22 Proposed Allocation: $260,000 (ARPA $260,000) 9. Village-wide Electric Vehicle Charging Stations This line item funds the installation of multiple electric vehicle charging stations at various locations throughout the Village Total Project Cost: $60,000 FY22 Proposed Allocation: $60,000 (ARPA $60,000) Capital Improvement Program Budget Year 2021-2022 97 | Page Annual Budget Book |Fiscal Year 2021-2022 Quality of Life - Transportation 10. Crandon Boulevard Bike and Pedestrian Improvements This line item funds a phase of the project’s design and construction process. The project includes reorganization of regulatory signage, repositioning of Rectangular Rapid Flashing Beacons, reconsideration of marked crosswalks less than 600 feet in spacing, elimination of crosswalks at certain other locations, increased pedestrian head start and crossing times in each signal phase, complete pedestrian phasing (pedestrian scrambles, installation of pedestrian count down signals where not in place, shortening pedestrian walking distance with curb extensions , geometric improvements to medians at certain locations, lighting improvements, and separated Bike Lanes and/or Green Bike Lanes Total Project Cost: $2,000,000 FY22 Proposed Allocation: $900,000 (ARPA $500,000, Transportation Fund $300,000, Grant $100,000) FY23-FY26 See attached Exhibit 1 Quality of Life - Facilities 11. Community Center Roof Replacement This line item funds the construction of a new roof at the community center Total Project Cost: $200,000 FY22 Proposed Allocation: $200,000 (ARPA $200,000) FY22 Project Phase: One time purchase 12. Community Center Air Conditioner Replacement This line item funds the purchase and installation of a roof top air conditioning unit Total Project Cost: $45,000 FY22 Proposed Allocation: $45,000 (ARPA $45,000) FY22 Project Phase: One time purchase 13. Community Center Spin Bike Replacement This line item funds the purchase of new spin bikes Total Project Cost: $60,000 FY22 Proposed Allocation: $60,000 (General Funds $60,000) FY22 Project Phase: One Time purchase Capital Improvement Program Budget Year 2021-2022 98 | Page Annual Budget Book |Fiscal Year 2021-2022 Quality of Life – Parks and Open Space 14. Paradise Park This line item funds the park construction Total Project Cost: $1,600,000 FY22 Proposed Allocation: $400,000 (ARPA $200,000, Grants $200,000, $1,200,000 funded in FY21) FY22 Project Phase: Construction 15. Beach Park Improvements This line item funds the planning & design of the beach park improvements. Project scope includes renovation of existing structures, reconstruction of sidewalks, pathways, walls, and greenspaces Total Project Cost: $2,000,000 FY22 Proposed Allocation: $650,000 (ARPA $650,000) FY23-FY26 See attached Exhibit 1 16. Beach Park Sewer Extension This line item funds the construction of a sewer extension at Beach Park supporting the septic to sewer conversion initiative Total Project Cost: $42,000 FY22 Proposed Allocation: $42,000(ARPA $42,000) FY22 Project Phase: Construction 17. Lake Park Improvements This line item funds improvements of Lake Park gazebo Total Project Cost: $77,000 FY22 Proposed Allocation: $77,000(ARPA $270,000, FDEP FRDAP Grant $50,000) FY22 Project Phase: Construction 18. Hampton Park Improvements This line item funds drainage improvements and beautification of Hampton Park Total Project Cost: $50,000 FY22 Proposed Allocation: $50,000(FDEP FRDAP Grant $50,000) FY22 Project Phase: Construction 19. Village Hall Landscape/Hardscape Improvements Capital Improvement Program Budget Year 2021-2022 99 | Page Annual Budget Book |Fiscal Year 2021-2022 This line item funds landscape and hardscape improvements at Village Hall Total Project Cost: $50,000 FY22 Proposed Allocation: $50,000(General Funds $50,000) FY22 Project Phase: Construction 20. Public Beach Access Improvements This line item funds design and construction of the public beach access at the Sands condominium Total Project Cost: $70,000 FY22 Proposed Allocation: $70,000(ARPA $70,000) FY22 Project Phase: Design & Construction 21. St. Agnes Lighting Replacement & Retrofit This line item funds design & construction of lighting replacement at St. Agnes Church sports fields Total Project Cost: $240,000 FY22 Proposed Allocation: $240,000(General Funds $240,000) FY22 Project Phase: Design & Construction 22. Splashpad Replacement This line item funds the replacement of the splashpad located at Village Green Total Project Cost: $150,000 FY22 Proposed Allocation: $150,000 (General Funds $150,000) FY22 Project Phase: Design & Construction 23. Calusa Park Tennis Court Surfacing, and Nets & Windscreen Replacement This line item funds court resurfacing, replacement of nets and windscreens at the Calusa Park Tennis Courts Total Project Cost: $60,000 FY22 Proposed Allocation: $60,000(ARPA $60,000) FY22 Project Phase: Design & Construction 24. Village Green Interior Sidewalk Renovation This line item funds the interior sidewalk renovation at Village green Total Project Cost: $60,000 FY22 Proposed Allocation: $60,000(ARPA $60,000) FY22 Project Phase: Design & Construction Capital Improvement Program Budget Year 2021-2022 100 | Page Annual Budget Book |Fiscal Year 2021-2022 Budget FY22 ANNUAL COST GF GOB SR ARP GRANT OTHERGENERAL SERVICES FLEET 300,000 300,000 FACILITY REPAIRS & RENOVATIONS 150,000 150,000 ENTERPRISE INTEGRATION SYSTEM - GENERAL SERVICES - TOTAL 450,000 450,000 - - - - - PUBLIC SAFETY FIRE ENGINE REPLACEMENT - LIFEPAK REPLACEMENTS - STRETCHER REPLACEMENT - SAFE ROUTES TO SCHOOLS PROJECT - CONSTRUCTION - POLICE BOATS - CCTV & SECURITY SYSTEM INTEGRATION & UPGRADE - EMERGENCY OPERATIONS CENTER CONSTRUCTION - VESSEL EXCLUSION ZONE IMPROVEMENTS 48,500 48,500 PUBLIC SAFETY - TOTAL 48,500 48,500 - - - - - RESILIENCY *RESILIENT INFRASTRUCTURE INTEGRATION STRATEGY/ IMPLEMENTATION PLAN 474,000 237,000 237,000 *UTILITY UNDERGROUNDING PHASE 1 200,000 200,000 UTILITY UNDERGROUNDING PHASE 2 - UTILITY UNDERGROUNDING PHASE 3 - UTILITY UNDERGROUNDING PHASE 4 - VILLAGE WIDE STREET LIGHTING (INTEGRATED WITH UTILITY UNDERGROUNDING)- ROADWAY IMRPOVEMENTS PHASE 1 - ROADWAY IMRPOVEMENTS PHASE 2 - ROADWAY IMRPOVEMENTS PHASE 3 - STORMWATER INFRASTRUCTURE IMPROVEMENTS - *Area 1 - K-8 School Central Basin 1,556,130 1,056,130 500,000 Area 2 - K-8 School South Basin - Area 3 - West Heather Dr. Corridor - Area 4 - Village Green Park - Area 5 - Holiday Colony - Area 6 - The Gardens District - Area 7 - Ocean Lane Drive - Area 8 - Harbor Drive Corridor - Area 9 - Westwood Drive Corridor - Area 10 - Allendale Rd, Warren Ln and Hampton Ln Corridors - Area 11 - West Enid Drive Corridor - Area 12 – Palmwood Drive Corridor - Area 13 - Sabal Drive Corridor - Area 14 - Curtiswood Drive Corridor - SHORELINE PROTECTION: BEACH RENOURISHMENT & DUNE RESTORATION (2021) PHASE 1 100,000 100,000 SHORELINE PROTECTION: BEACH RENOURISHMENT & DUNE RESTORATION (2024) PHASE 2 - - SHORELINE PROTECTION: BEACH RENOURISHMENT & DUNE RESTORATION (2027) PHASE 3 - SHORELINE PROTECTION: BEACH RENOURISHMENT & DUNE RESTORATION (2031) PHASE 4 - SHORELINE PROTECTION - OFFSHORE BREAKWATER PRELIMINARY ANALYSIS - SHORELINE PROTECTION - OFFSHORE BREAKWATER - FACILITIES LIGHTING RETROFIT - Community Center 260,000 260,000 Village Hall - Fire Station - FACILITIES SOLAR ENERGY CONVERSION - Community Center - Village Hall - Fire Station - VILLAGE WIDE IRRIGATION RETROFIT - COMMUNITY CENTER GENERATOR - VILLAGE WIDE EV CHARGING STATIONS 60,000 60,000 STORMWATER TREATMENT & QUALITY - RESILIENCY TOTAL 2,650,130 337,000 - 237,000 1,576,130 - 500,000 QUALITY OF LIFE - TRANSPORTATION CRANDON BLVD BIKE AND PEDESTRIAN IMPROVEMENTS 900,000 500,000 100,000 300,000 TRAFFIC CIRCLE IMPROVEMENTS - VILLAGE HALL PARKING GARAGE - PUBLIC BEACH ACCESS IMPROVEMENTS - Access point at Sands 70,000 70,000 Access Points and Commodore Club South and Casa Del Mar - VILLAGE WIDE WAY FINDING SYSTEM - QOL - TRANSPORTATION 970,000 - - - 570,000 100,000 300,000 QUALITY OF LIFE - BEAUTIFICATION VILLAGE ARTWORK - ENTRY BLOCK SIGN - VILLAGE WIDE LANDSCAPE ENHANCEMENTS - QOL - BEAUTIFICATION - - - - - - - QUALITY OF LIFE - FACILITIES COMMUNITY CENTER ROOF REPLACEMENT 200,000 200,000 COMMUNITY CENTER EXPANSION - COMMUNITY CENTER RTU REPLACEMENT 45,000 45,000 COMMUNITY CENTER STRENGTH AND CARDIO REPLACEMENT (10YR)- COMMUNITY CENTER SPIN BIKE REPLACEMENT 60,000 60,000 QOL - FACILITIES 305,000 60,000 - - 245,000 - - QUALITY OF LIFE - PARKS & OPEN SPACE SKATE PARK - PARADISE PARK - REMEDIATION & CONSTRUCTION 400,000 200,000 200,000 BEACH PARK IMPROVEMENTS 650,000 650,000 BEACH PARK SEWER EXTENSION 42,000 42,000 LAKE PARK IMPROVEMENTS - CONSTRUCTION 77,000 27,000 50,000 HAMPTON PARK IMPROVEMENTS 50,000 50,000 HARBOR PARK IMPROVEMENTS - VILLAGE HALL COURT YARD LANDSCAPE/HARDSCAPE IMPROVEMENTS 50,000 21,861 28,139 MAST ACADEMY ARTIFICIAL TURF REPLACEMENT - ST. AGNES LIGHTING REPLACEMENT & LED RETRO-FIT 240,000 240,000 PLAYGROUND EQUIPMENT REPLACEMENT - UNDER 5 AREA - PLAYGROUND EQUIPMENT REPLACEMENT - OVER 5 AREA - SPLASH PAD REPLACEMENT 150,000 150,000 VILLAGE GREEN ARTIFICIAL TURF REPLACEMENT - CALUSA PARK TENNIS COURT SURFACING, NETS & WINDSCREEENS REPLACEMENT 60,000 60,000 VILLAGE GREEN INTERIOR SIDEWALK RENOVATION 60,000 60,000 QOL - PARKS & OPEN SPACES 1,779,000 411,861 - - 1,067,139 300,000 - 6,202,630 1,307,361 - 237,000 3,458,269 400,000 800,000 CAPITAL IMPROVEMENT PROGRAM FY2022 Capital Improvement Program Budget Year 2021-2022 101 | Page Annual Budget Book |Fiscal Year 2021-2022 Budget FY23 ANNUAL COST GF GOB SR ARP GRANT OTHERGENERAL SERVICES FLEET 300,000 300,000 FACILITY REPAIRS & RENOVATIONS 150,000 150,000 ENTERPRISE INTEGRATION SYSTEM - GENERAL SERVICES - TOTAL 450,000 450,000 - - - - - PUBLIC SAFETY FIRE ENGINE REPLACEMENT 300,000 300,000 LIFEPAK REPLACEMENTS 180,000 180,000 STRETCHER REPLACEMENT 40,000 40,000 SAFE ROUTES TO SCHOOLS PROJECT - CONSTRUCTION - POLICE BOATS - CCTV & SECURITY SYSTEM INTEGRATION & UPGRADE 100,000 100,000 EMERGENCY OPERATIONS CENTER CONSTRUCTION - VESSEL EXCLUSION ZONE IMPROVEMENTS - PUBLIC SAFETY - TOTAL 620,000 520,000 - - 100,000 - - RESILIENCY *RESILIENT INFRASTRUCTURE INTEGRATION STRATEGY/ IMPLEMENTATION PLAN 150,000 150,000 *UTILITY UNDERGROUNDING PHASE 1 4,200,000 4,200,000 UTILITY UNDERGROUNDING PHASE 2 770,000 770,000 UTILITY UNDERGROUNDING PHASE 3 - UTILITY UNDERGROUNDING PHASE 4 - VILLAGE WIDE STREET LIGHTING (INTEGRATED WITH UTILITY UNDERGROUNDING)- ROADWAY IMRPOVEMENTS PHASE 1 3,600,000 3,600,000 ROADWAY IMRPOVEMENTS PHASE 2 - ROADWAY IMRPOVEMENTS PHASE 3 - STORMWATER INFRASTRUCTURE IMPROVEMENTS - *Area 1 - K-8 School Central Basin 2,464,303 2,464,303 Area 2 - K-8 School South Basin 1,552,942 1,552,942 Area 3 - West Heather Dr. Corridor - Area 4 - Village Green Park - Area 5 - Holiday Colony - Area 6 - The Gardens District - Area 7 - Ocean Lane Drive - Area 8 - Harbor Drive Corridor - Area 9 - Westwood Drive Corridor - Area 10 - Allendale Rd, Warren Ln and Hampton Ln Corridors - Area 11 - West Enid Drive Corridor - Area 12 – Palmwood Drive Corridor - Area 13 - Sabal Drive Corridor - Area 14 - Curtiswood Drive Corridor - SHORELINE PROTECTION: BEACH RENOURISHMENT & DUNE RESTORATION (2021) PHASE 1 100,000 100,000 SHORELINE PROTECTION: BEACH RENOURISHMENT & DUNE RESTORATION (2024) PHASE 2 - SHORELINE PROTECTION: BEACH RENOURISHMENT & DUNE RESTORATION (2027) PHASE 3 - SHORELINE PROTECTION: BEACH RENOURISHMENT & DUNE RESTORATION (2031) PHASE 4 - SHORELINE PROTECTION - OFFSHORE BREAKWATER PRELIMINARY ANALYSIS - SHORELINE PROTECTION - OFFSHORE BREAKWATER - FACILITIES LIGHTING RETROFIT - Community Center - Village Hall 200,000 200,000 Fire Station - FACILITIES SOLAR ENERGY CONVERSION - Community Center 200,000 200,000 Village Hall - Fire Station - VILLAGE WIDE IRRIGATION RETROFIT 200,000 200,000 COMMUNITY CENTER GENERATOR 250,000 250,000 VILLAGE WIDE EV CHARGING STATIONS - STORMWATER TREATMENT & QUALITY - RESILIENCY TOTAL 13,687,245 - 8,820,000 4,017,245 850,000 - - QUALITY OF LIFE - TRANSPORTATION CRANDON BLVD BIKE AND PEDESTRIAN IMPROVEMENTS 600,000 400,000 200,000 TRAFFIC CIRCLE IMPROVEMENTS - VILLAGE HALL PARKING GARAGE - PUBLIC BEACH ACCESS IMPROVEMENTS - Access point at Sands - Access Points and Commodore Club South and Casa Del Mar 140,000 140,000 VILLAGE WIDE WAY FINDING SYSTEM - QOL - TRANSPORTATION 740,000 - - - 400,000 140,000 200,000 QUALITY OF LIFE - BEAUTIFICATION VILLAGE ARTWORK - ENTRY BLOCK SIGN 50,000 50,000 VILLAGE WIDE LANDSCAPE ENHANCEMENTS - QOL - BEAUTIFICATION 50,000 50,000 - - - - - QUALITY OF LIFE - FACILITIES - - - - - COMMUNITY CENTER ROOF REPLACEMENT - COMMUNITY CENTER EXPANSION - COMMUNITY CENTER RTU REPLACEMENT - COMMUNITY CENTER STRENGTH AND CARDIO REPLACEMENT (10YR)- COMMUNITY CENTER SPIN BIKE REPLACEMENT - QOL - FACILITIES - - - - - - - QUALITY OF LIFE - PARKS & OPEN SPACE SKATE PARK 150,000 37,500 112,500 PARADISE PARK - REMEDIATION & CONSTRUCTION - BEACH PARK IMPROVEMENTS 1,350,000 1,350,000 BEACH PARK SEWER EXTENSION - LAKE PARK IMPROVEMENTS - CONSTRUCTION - HAMPTON PARK IMPROVEMENTS - HARBOR PARK IMPROVEMENTS - VILLAGE HALL COURT YARD LANDSCAPE/HARDSCAPE IMPROVEMENTS - MAST ACADEMY ARTIFICIAL TURF REPLACEMENT 650,000 650,000 ST. AGNES LIGHTING REPLACEMENT & LED RETRO-FIT - PLAYGROUND EQUIPMENT REPLACEMENT - UNDER 5 AREA 220,000 220,000 PLAYGROUND EQUIPMENT REPLACEMENT - OVER 5 AREA - SPLASH PAD REPLACEMENT - VILLAGE GREEN ARTIFICIAL TURF REPLACEMENT - CALUSA PARK TENNIS COURT SURFACING, NETS & WINDSCREEENS REPLACEMENT - VILLAGE GREEN INTERIOR SIDEWALK RENOVATION - QOL - PARKS & OPEN SPACES 2,370,000 687,500 - - 1,570,000 112,500 - 17,917,245 1,707,500 8,820,000 4,017,245 2,920,000 252,500 200,000 FY2023CAPITAL IMPROVEMENT PROGRAM Capital Improvement Program Budget Year 2021-2022 102 | Page Annual Budget Book |Fiscal Year 2021-2022 Budget FY24 ANNUAL COST GF GOB SR GRANT OTHERGENERAL SERVICES - FLEET 300,000 300,000 FACILITY REPAIRS & RENOVATIONS 150,000 150,000 ENTERPRISE INTEGRATION SYSTEM - GENERAL SERVICES - TOTAL 450,000 450,000 - - - - PUBLIC SAFETY - FIRE ENGINE REPLACEMENT 300,000 300,000 LIFEPAK REPLACEMENTS - STRETCHER REPLACEMENT 40,000 40,000 SAFE ROUTES TO SCHOOLS PROJECT - CONSTRUCTION - POLICE BOATS - CCTV & SECURITY SYSTEM INTEGRATION & UPGRADE 100,000 100,000 EMERGENCY OPERATIONS CENTER CONSTRUCTION - VESSEL EXCLUSION ZONE IMPROVEMENTS - PUBLIC SAFETY - TOTAL 440,000 440,000 - - - - RESILIENCY *RESILIENT INFRASTRUCTURE INTEGRATION STRATEGY/ IMPLEMENTATION PLAN 150,000 150,000 *UTILITY UNDERGROUNDING PHASE 1 3,600,000 3,600,000 UTILITY UNDERGROUNDING PHASE 2 5,390,000 5,390,000 UTILITY UNDERGROUNDING PHASE 3 - UTILITY UNDERGROUNDING PHASE 4 - VILLAGE WIDE STREET LIGHTING (INTEGRATED WITH UTILITY UNDERGROUNDING)- ROADWAY IMRPOVEMENTS PHASE 1 2,600,000 2,600,000 ROADWAY IMRPOVEMENTS PHASE 2 1,000,000 1,000,000 ROADWAY IMRPOVEMENTS PHASE 3 - STORMWATER INFRASTRUCTURE IMPROVEMENTS - *Area 1 - K-8 School Central Basin - Area 2 - K-8 School South Basin 1,552,942 1,552,942 Area 3 - West Heather Dr. Corridor 291,709 291,709 Area 4 - Village Green Park - Area 5 - Holiday Colony - Area 6 - The Gardens District - Area 7 - Ocean Lane Drive - Area 8 - Harbor Drive Corridor - Area 9 - Westwood Drive Corridor - Area 10 - Allendale Rd, Warren Ln and Hampton Ln Corridors - Area 11 - West Enid Drive Corridor - Area 12 – Palmwood Drive Corridor - Area 13 - Sabal Drive Corridor - Area 14 - Curtiswood Drive Corridor - SHORELINE PROTECTION: BEACH RENOURISHMENT & DUNE RESTORATION (2021) PHASE 1 100,000 100,000 SHORELINE PROTECTION: BEACH RENOURISHMENT & DUNE RESTORATION (2024) PHASE 2 2,500,000 2,500,000 SHORELINE PROTECTION: BEACH RENOURISHMENT & DUNE RESTORATION (2027) PHASE 3 - SHORELINE PROTECTION: BEACH RENOURISHMENT & DUNE RESTORATION (2031) PHASE 4 - SHORELINE PROTECTION - OFFSHORE BREAKWATER PRELIMINARY ANALYSIS 1,000,000 1,000,000 SHORELINE PROTECTION - OFFSHORE BREAKWATER 600,000 600,000 FACILITIES LIGHTING RETROFIT - Community Center - Village Hall - Fire Station 200,000 200,000 FACILITIES SOLAR ENERGY CONVERSION - Community Center - Village Hall 200,000 200,000 Fire Station - VILLAGE WIDE IRRIGATION RETROFIT - COMMUNITY CENTER GENERATOR - VILLAGE WIDE EV CHARGING STATIONS - STORMWATER TREATMENT & QUALITY - RESILIENCY TOTAL 19,184,651 400,000 16,940,000 1,844,651 - - QUALITY OF LIFE - TRANSPORTATION - - CRANDON BLVD BIKE AND PEDESTRIAN IMPROVEMENTS - TRAFFIC CIRCLE IMPROVEMENTS 584,375 584,375 VILLAGE HALL PARKING GARAGE 300,000 300,000 PUBLIC BEACH ACCESS IMPROVEMENTS - Access point at Sands - Access Points and Commodore Club South and Casa Del Mar - VILLAGE WIDE WAY FINDING SYSTEM - QOL - TRANSPORTATION 884,375 884,375 - - - - QUALITY OF LIFE - BEAUTIFICATION VILLAGE ARTWORK 60,000 60,000 ENTRY BLOCK SIGN - VILLAGE WIDE LANDSCAPE ENHANCEMENTS 60,000 60,000 QOL - BEAUTIFICATION 120,000 120,000 - - - - QUALITY OF LIFE - FACILITIES - - COMMUNITY CENTER ROOF REPLACEMENT - COMMUNITY CENTER EXPANSION 1,000,000 1,000,000 COMMUNITY CENTER RTU REPLACEMENT - COMMUNITY CENTER STRENGTH AND CARDIO REPLACEMENT (10YR)- COMMUNITY CENTER SPIN BIKE REPLACEMENT - QOL - FACILITIES 1,000,000 1,000,000 - - - - QUALITY OF LIFE - PARKS & OPEN SPACE SKATE PARK - PARADISE PARK - REMEDIATION & CONSTRUCTION - BEACH PARK IMPROVEMENTS - BEACH PARK SEWER EXTENSION - LAKE PARK IMPROVEMENTS - CONSTRUCTION - HAMPTON PARK IMPROVEMENTS - HARBOR PARK IMPROVEMENTS - VILLAGE HALL COURT YARD LANDSCAPE/HARDSCAPE IMPROVEMENTS - MAST ACADEMY ARTIFICIAL TURF REPLACEMENT - ST. AGNES LIGHTING REPLACEMENT & LED RETRO-FIT - PLAYGROUND EQUIPMENT REPLACEMENT - UNDER 5 AREA - PLAYGROUND EQUIPMENT REPLACEMENT - OVER 5 AREA - SPLASH PAD REPLACEMENT - VILLAGE GREEN ARTIFICIAL TURF REPLACEMENT 700,000 700,000 CALUSA PARK TENNIS COURT SURFACING, NETS & WINDSCREEENS REPLACEMENT - VILLAGE GREEN INTERIOR SIDEWALK RENOVATION - QOL - PARKS & OPEN SPACES 700,000 700,000 - - - - 21,779,026 2,994,375 16,940,000 1,844,651 - - FY2024CAPITAL IMPROVEMENT PROGRAM Capital Improvement Program Budget Year 2021-2022 103 | Page Annual Budget Book |Fiscal Year 2021-2022 Budget FY25 ANNUAL COST GF GOB SR GRANT OTHERGENERAL SERVICES FLEET 300,000 300,000 FACILITY REPAIRS & RENOVATIONS 150,000 150,000 ENTERPRISE INTEGRATION SYSTEM 150,000 150,000 GENERAL SERVICES - TOTAL 600,000 600,000 - - - - PUBLIC SAFETY FIRE ENGINE REPLACEMENT - LIFEPAK REPLACEMENTS - STRETCHER REPLACEMENT - SAFE ROUTES TO SCHOOLS PROJECT - CONSTRUCTION - POLICE BOATS - CCTV & SECURITY SYSTEM INTEGRATION & UPGRADE 100,000 100,000 EMERGENCY OPERATIONS CENTER CONSTRUCTION - VESSEL EXCLUSION ZONE IMPROVEMENTS - PUBLIC SAFETY - TOTAL 100,000 100,000 - - - - RESILIENCY *RESILIENT INFRASTRUCTURE INTEGRATION STRATEGY/ IMPLEMENTATION PLAN 150,000 150,000 *UTILITY UNDERGROUNDING PHASE 1 3,600,000 3,600,000 UTILITY UNDERGROUNDING PHASE 2 4,620,000 4,620,000 UTILITY UNDERGROUNDING PHASE 3 690,000 690,000 UTILITY UNDERGROUNDING PHASE 4 - VILLAGE WIDE STREET LIGHTING (INTEGRATED WITH UTILITY UNDERGROUNDING)- ROADWAY IMRPOVEMENTS PHASE 1 2,600,000 2,600,000 ROADWAY IMRPOVEMENTS PHASE 2 3,000,000 3,000,000 ROADWAY IMRPOVEMENTS PHASE 3 - STORMWATER INFRASTRUCTURE IMPROVEMENTS - *Area 1 - K-8 School Central Basin - Area 2 - K-8 School South Basin - Area 3 - West Heather Dr. Corridor 2,625,384 2,625,384 Area 4 - Village Green Park 276,121 276,121 Area 5 - Holiday Colony - Area 6 - The Gardens District - Area 7 - Ocean Lane Drive - Area 8 - Harbor Drive Corridor - Area 9 - Westwood Drive Corridor - Area 10 - Allendale Rd, Warren Ln and Hampton Ln Corridors - Area 11 - West Enid Drive Corridor - Area 12 – Palmwood Drive Corridor - Area 13 - Sabal Drive Corridor - Area 14 - Curtiswood Drive Corridor - SHORELINE PROTECTION: BEACH RENOURISHMENT & DUNE RESTORATION (2021) PHASE 1 - SHORELINE PROTECTION: BEACH RENOURISHMENT & DUNE RESTORATION (2024) PHASE 2 100,000 100,000 SHORELINE PROTECTION: BEACH RENOURISHMENT & DUNE RESTORATION (2027) PHASE 3 - SHORELINE PROTECTION: BEACH RENOURISHMENT & DUNE RESTORATION (2031) PHASE 4 - SHORELINE PROTECTION - OFFSHORE BREAKWATER PRELIMINARY ANALYSIS - SHORELINE PROTECTION - OFFSHORE BREAKWATER 500,000 500,000 FACILITIES LIGHTING RETROFIT - Community Center - Village Hall - Fire Station - FACILITIES SOLAR ENERGY CONVERSION - Community Center - Village Hall - Fire Station 200,000 200,000 VILLAGE WIDE IRRIGATION RETROFIT - COMMUNITY CENTER GENERATOR - VILLAGE WIDE EV CHARGING STATIONS - STORMWATER TREATMENT & QUALITY 450,000 450,000 RESILIENCY TOTAL 18,811,505 200,000 15,260,000 2,901,505 450,000 - QUALITY OF LIFE - TRANSPORTATION CRANDON BLVD BIKE AND PEDESTRIAN IMPROVEMENTS - TRAFFIC CIRCLE IMPROVEMENTS 1,168,750 1,168,750 VILLAGE HALL PARKING GARAGE 300,000 300,000 PUBLIC BEACH ACCESS IMPROVEMENTS - Access point at Sands - Access Points and Commodore Club South and Casa Del Mar - VILLAGE WIDE WAY FINDING SYSTEM 75,000 75,000 QOL - TRANSPORTATION 1,543,750 1,243,750 - - - 300,000 QUALITY OF LIFE - BEAUTIFICATION VILLAGE ARTWORK 60,000 60,000 ENTRY BLOCK SIGN - VILLAGE WIDE LANDSCAPE ENHANCEMENTS - QOL - BEAUTIFICATION 60,000 60,000 - - - - QUALITY OF LIFE - FACILITIES COMMUNITY CENTER ROOF REPLACEMENT - COMMUNITY CENTER EXPANSION 8,000,000 8,000,000 COMMUNITY CENTER RTU REPLACEMENT - COMMUNITY CENTER STRENGTH AND CARDIO REPLACEMENT (10YR)- COMMUNITY CENTER SPIN BIKE REPLACEMENT - QOL - FACILITIES 8,000,000 8,000,000 - - - - QUALITY OF LIFE - PARKS & OPEN SPACE SKATE PARK - PARADISE PARK - REMEDIATION & CONSTRUCTION - BEACH PARK IMPROVEMENTS - BEACH PARK SEWER EXTENSION - LAKE PARK IMPROVEMENTS - CONSTRUCTION - HAMPTON PARK IMPROVEMENTS - HARBOR PARK IMPROVEMENTS - VILLAGE HALL COURT YARD LANDSCAPE/HARDSCAPE IMPROVEMENTS - MAST ACADEMY ARTIFICIAL TURF REPLACEMENT - ST. AGNES LIGHTING REPLACEMENT & LED RETRO-FIT - PLAYGROUND EQUIPMENT REPLACEMENT - UNDER 5 AREA - PLAYGROUND EQUIPMENT REPLACEMENT - OVER 5 AREA - SPLASH PAD REPLACEMENT - VILLAGE GREEN ARTIFICIAL TURF REPLACEMENT - CALUSA PARK TENNIS COURT SURFACING, NETS & WINDSCREEENS REPLACEMENT - VILLAGE GREEN INTERIOR SIDEWALK RENOVATION - QOL - PARKS & OPEN SPACES - - - - - - 21,115,255 2,203,750 15,260,000 2,901,505 450,000 FY2025CAPITAL IMPROVEMENT PROGRAM Capital Improvement Program Budget Year 2021-2022 104 | Page Annual Budget Book |Fiscal Year 2021-2022 Budget FY26 ANNUAL COST GF GOB SR GRANT OTHERGENERAL SERVICES FLEET 300,000 300,000 FACILITY REPAIRS & RENOVATIONS 150,000 150,000 ENTERPRISE INTEGRATION SYSTEM 150,000 150,000 GENERAL SERVICES - TOTAL 600,000 600,000 - - - PUBLIC SAFETY FIRE ENGINE REPLACEMENT - LIFEPAK REPLACEMENTS - STRETCHER REPLACEMENT - SAFE ROUTES TO SCHOOLS PROJECT - CONSTRUCTION - POLICE BOATS - CCTV & SECURITY SYSTEM INTEGRATION & UPGRADE - EMERGENCY OPERATIONS CENTER CONSTRUCTION - VESSEL EXCLUSION ZONE IMPROVEMENTS - PUBLIC SAFETY - TOTAL - - - - - - RESILIENCY - *RESILIENT INFRASTRUCTURE INTEGRATION STRATEGY/ IMPLEMENTATION PLAN 150,000 150,000 *UTILITY UNDERGROUNDING PHASE 1 - UTILITY UNDERGROUNDING PHASE 2 4,620,000 4,620,000 UTILITY UNDERGROUNDING PHASE 3 4,830,000 4,830,000 UTILITY UNDERGROUNDING PHASE 4 - VILLAGE WIDE STREET LIGHTING (INTEGRATED WITH UTILITY UNDERGROUNDING)- ROADWAY IMRPOVEMENTS PHASE 1 2,600,000 2,600,000 ROADWAY IMRPOVEMENTS PHASE 2 3,000,000 3,000,000 ROADWAY IMRPOVEMENTS PHASE 3 - STORMWATER INFRASTRUCTURE IMPROVEMENTS - *Area 1 - K-8 School Central Basin - Area 2 - K-8 School South Basin - Area 3 - West Heather Dr. Corridor - Area 4 - Village Green Park 2,485,091 2,485,091 Area 5 - Holiday Colony 220,030 220,030 Area 6 - The Gardens District - Area 7 - Ocean Lane Drive - Area 8 - Harbor Drive Corridor - Area 9 - Westwood Drive Corridor - Area 10 - Allendale Rd, Warren Ln and Hampton Ln Corridors - Area 11 - West Enid Drive Corridor - Area 12 – Palmwood Drive Corridor - Area 13 - Sabal Drive Corridor - Area 14 - Curtiswood Drive Corridor - SHORELINE PROTECTION: BEACH RENOURISHMENT & DUNE RESTORATION (2021) PHASE 1 - SHORELINE PROTECTION: BEACH RENOURISHMENT & DUNE RESTORATION (2024) PHASE 2 100,000 100,000 SHORELINE PROTECTION: BEACH RENOURISHMENT & DUNE RESTORATION (2027) PHASE 3 - SHORELINE PROTECTION: BEACH RENOURISHMENT & DUNE RESTORATION (2031) PHASE 4 - SHORELINE PROTECTION - OFFSHORE BREAKWATER PRELIMINARY ANALYSIS - SHORELINE PROTECTION - OFFSHORE BREAKWATER 500,000 500,000 FACILITIES LIGHTING RETROFIT - Community Center - Village Hall - Fire Station - FACILITIES SOLAR ENERGY CONVERSION - Community Center - Village Hall - Fire Station - VILLAGE WIDE IRRIGATION RETROFIT - COMMUNITY CENTER GENERATOR - VILLAGE WIDE EV CHARGING STATIONS - STORMWATER TREATMENT & QUALITY - RESILIENCY TOTAL 18,505,120 - 15,800,000 2,705,120 - - QUALITY OF LIFE - TRANSPORTATION - CRANDON BLVD BIKE AND PEDESTRIAN IMPROVEMENTS - TRAFFIC CIRCLE IMPROVEMENTS 584,375 584,375 VILLAGE HALL PARKING GARAGE 6,000,000 6,000,000 PUBLIC BEACH ACCESS IMPROVEMENTS - Access point at Sands - Access Points and Commodore Club South and Casa Del Mar - VILLAGE WIDE WAY FINDING SYSTEM 75,000 75,000 QOL - TRANSPORTATION 659,375 659,375 - - - QUALITY OF LIFE - BEAUTIFICATION - VILLAGE ARTWORK - ENTRY BLOCK SIGN - VILLAGE WIDE LANDSCAPE ENHANCEMENTS - QOL - BEAUTIFICATION - - - - - QUALITY OF LIFE - FACILITIES - COMMUNITY CENTER ROOF REPLACEMENT - COMMUNITY CENTER EXPANSION 6,000,000 6,000,000 COMMUNITY CENTER RTU REPLACEMENT - COMMUNITY CENTER STRENGTH AND CARDIO REPLACEMENT (10YR)350,000 350,000 COMMUNITY CENTER SPIN BIKE REPLACEMENT - QOL - FACILITIES 6,350,000 6,350,000 - - - QUALITY OF LIFE - PARKS & OPEN SPACE - SKATE PARK - PARADISE PARK - REMEDIATION & CONSTRUCTION - BEACH PARK IMPROVEMENTS - BEACH PARK SEWER EXTENSION - LAKE PARK IMPROVEMENTS - CONSTRUCTION - HAMPTON PARK IMPROVEMENTS - HARBOR PARK IMPROVEMENTS - VILLAGE HALL COURT YARD LANDSCAPE/HARDSCAPE IMPROVEMENTS - MAST ACADEMY ARTIFICIAL TURF REPLACEMENT - ST. AGNES LIGHTING REPLACEMENT & LED RETRO-FIT - PLAYGROUND EQUIPMENT REPLACEMENT - UNDER 5 AREA - PLAYGROUND EQUIPMENT REPLACEMENT - OVER 5 AREA 300,000 300,000 SPLASH PAD REPLACEMENT - VILLAGE GREEN ARTIFICIAL TURF REPLACEMENT - CALUSA PARK TENNIS COURT SURFACING, NETS & WINDSCREEENS REPLACEMENT - VILLAGE GREEN INTERIOR SIDEWALK RENOVATION - QOL - PARKS & OPEN SPACES 300,000 300,000 - - - 20,064,495 1,559,375 15,800,000 2,705,120 - FY2026CAPITAL IMPROVEMENT PROGRAM Special Revenue Transportation Fund Budget Year 2021-2022 105 | Page Annual Budget Book |Fiscal Year 2021-2022 Purpose The Village of Key Biscayne is interested in promoting alternative mobility options to improve bike and pedestrian safety, reduce environmental impacts (lower carbon footprint) and enhance Villager’s well-being through the use of transportation alternatives, reduction of vehicular congestion via infrastructure improvements, leveraging of new technologies and promotion of low impact locomotion. In December 2016, the Village launched an electrified free public on demand transit service to enhance local transportation within the Village. The goal of the partnership that led to FreeBee on Key Biscayne was and continues to address transportation and mobility issues found throughout the Key. Prior Year’s Significant Accomplishments On August 1, 2021, the lone FreeBee circulator converted to an on-demand as ridership for the circulator was significantly lower than the on-demand vehicles. July ridership for on-demand reached the highest levels since inception (7,524 total rides for the month). Adding a 5th on demand vehicle will likely result in higher ridership for the remaining months of FY 21 and into FY 22 and will lower response times. Objectives FreeBee, an on-demand and circulator ride service free to the community, was introduced to the Village in December 2016. Since then, the service has been widely accepted and utilized by Village residents. Funding for the service is from a restricted Miami-Dade County revenue source that can only be used for transit and transportation services/projects. The Village's share of the People's Transportation Plan ("PTP") dollars is administered by the Citizens' Independent Transportation Trust (CITT). This revenue source will be utilized in FY22 to support the FreeBee transit service on Key Biscayne. The level of service included in the FY22 Proposed Budget includes five on- demand electric vehicles. The hours of operation within the Village of Key Biscayne for FY22 continue to be 8:00am to 8:00pm on Sunday through Thursday, 8:00am to 10:00pm on Friday, and 10:00am to 10:00pm on Saturday. Whenever the on-demand vehicles are not engaged in an active trip, they are available to run the "KB Loop," contributing to the circulator service until receiving a request for on-demand service. Both the on-demand and circulator service provide ample public beach access for beach goers using public transit. Special Revenue Transportation Fund Budget Year 2021-2022 106 | Page Annual Budget Book |Fiscal Year 2021-2022 The Village is working with the Miami-Dade County Transportation Planning Organization (TPO) to identify a path forward for the Village to become a part of the TPO SMART Plan within the County. The Village will be submitting to the State for additional funding with a goal of further expanding the Freebee program Major Budget Highlights & Changes FY21 was the final year of the 15-year interlocal revenue sharing agreement between Miami-Dade County and the Village for county toll bridge revenue that was pledged for the Phase III Crandon Boulevard improvements. The debt associated with the project will be fully matured in the 1st quarter of FY22. Special Revenue Transportation Fund Budget Year 2021-2022 107 | Page Annual Budget Book |Fiscal Year 2021-2022 The fund includes a $300k transfer out to fund to the CIP Fund for purposes of funding the Crandon Blvd Bike & Pedestrian Safety project which is an eligible Transportation expenditure for CITT funds. Debt Service TRANSPORTATION TAX REVENUE REFUNDING BONDS, SERIES 2011 On September 30, 2011, the Village issued $2,808,952 of Transportation Tax Revenue Refunding Bonds, Series 2011 for the purpose of refunding the Transportation Tax Revenue Bonds, Series 2005. The 2005 bonds financed a portion of the costs of road improvements within the Village (Crandon Boulevard Improvements – Phase II). The bonds mature on July 1, 2025. The bonds bear interest on the outstanding principal balance from its date of issuance payable quarterly on each January 1, April 1, July 1 and October 1 commencing January 1, 2012, at an interest rate equal to 2.42% per annum. ROAD IMPROVEMENT REVENUE BONDS, SERIES 2006 On December 14, 2006, the Village issued $4,000,000 Road Improvement Revenue Bonds, Series 2006, for the purpose of financing a portion of the costs of road improvements within the Village (Crandon Boulevard Improvements – Phase III), financing architectural, engineering, environmental, legal, and other planning costs. The bonds mature on December 1, 2021. The Village has pledged toll revenues to secure payment of the principal and interest on the bonds. The bonds are due in quarterly principal installments. Interest accrues at 4.05% per annum. Intentionally left blank Parks, Rec & Open Spaces Land Trust Fund Budget Year 2021-2022 108 | Page Annual Budget Book |Fiscal Year 2021-2022 Purpose The PROS Fund was created in 2011 via Section 2-81 & 2-82 of the Code of Ordinances and presented as a separate fund in Fiscal Year 2018 to provide more transparency to readers of the financial statements. The Trust is funded annually from a 1% transfer of Ad-Valorem revenues from the General Fund pursuant to Ordinance 2016-5. Disbursements from the PROS Lands Trust Fund shall be made only for the acquisition of properties which have been approved for purchase or lease by the Village Council, improvements to the property which enhance the recreational and open space purposed for which the land was acquired, and all costs associated with each acquisition including, but not limited to, appraisals, surveys, title search work, real property taxes, documentary stamps and surtax fees, and other transaction costs. Oversight of this fund is primarily the function of the Parks & Recreation Director. Objectives The Village will pursue the Florida Communities Trust Grant to partially off-set the cost of the land acquisition for the Harbor Dr. properties. Development of the property will continue to use the area as a green space and the planning and design of a long-term improvement for the area as a public park that will contribute to the Village’s overall flood management. The Village is seeking and will identify potential land acquisitions to provide additional parks, green spaces, and green based stormwater initiatives. Major Budget Highlights & Changes The Trust Fund will continue to receive the 1% transfer of ad-valorem revenue to build its reserve for targeting land acquisitions. It is projected that by the end of FY 22, the fund will have accumulated approximately $4 million. Intentionally left blank Parks, Rec & Open Spaces Land Trust Fund Budget Year 2021-2022 109 | Page Annual Budget Book |Fiscal Year 2021-2022 Intentionally left blank Stormwater Enterprise Fund Budget Year 2021-2022 110 | Page Annual Budget Book |Fiscal Year 2021-2022 Purpose Pursuant to Chapter 166 and Section 403 of the Florida Statutes, the Village is authorized to construct, reconstruct, repair, improve and extend stormwater drainage management systems and establish just and equitable rates, fees and charges for the services and facilities provided by the stormwater system. The Stormwater Utility Fund was established effective June 22, 1993 per Ordinance No. 93-11 to provide for the collection, storage, treatment and conveyance of stormwater within the Village. A stormwater utility fee assessed against each developed property within the Village for services and facilities provided by the Stormwater System. Prior Year’s Significant Accomplishments The following section lists the accomplishments of the Public Works Department for Fiscal Year 2021. The Village provided a higher level of service by providing flood protection and controlling pollutant loading in the stormwater system. The improvements consisted of one or a combination of the following: • In collaboration with the Finance Department, identified an additional 697 ERU’s not previously billed resulting in an additional $141k of revenue • Entire stormwater system is ahead of schedule of 100% cleaning, where only 10% required by law • Monitored newly installed backflow prevention valves on most of the outfalls to Biscayne Bay and in the lowest lying areas within the Village • Repaired stormwater conveyance elements such as gutters, catch basins, and pipes Objectives Delivering Services, Projects & Programs • Create a resilient island community with sustainable practices • Secure a new bond issue, encompassing the refinancing and new money, to support approximately $18MM of Stormwater Utility CIP over the next 3 fiscal years. • Initiate K-8 Design/Build project Stormwater Enterprise Fund Budget Year 2021-2022 111 | Page Annual Budget Book |Fiscal Year 2021-2022 Providing Values-Based Government Services • Ensure all Equivalent Residential Units (stormwater unit for fee) are accounted for and billed correctly • Target and apply for supplemental funding/grants for Village priorities Budget Major Budget Highlights & Changes Allocation of Salary and Benefits Cost share for allocation of salary and benefits increased by $119,143. The increase is mainly due to additional proposed positions within the Public Works Department that spend time maintaining the Village’s stormwater system. Operations & Maintenance This line item includes all stormwater operation and maintenance that is performed at high level of service, which is a proactive approach that achieves Stormwater Enterprise Fund Budget Year 2021-2022 112 | Page Annual Budget Book |Fiscal Year 2021-2022 regulatory compliance, water quality goals, and resident expectations while optimizing system functionality and minimizing repair and replacement costs. Summary of items included but not limited to: • 100% of all catch basins cleaned annually • 100% of all manholes cleaned annually • 100% of all pipes cleaned annually • 25% of drainage wells cleaned annually • 100% of all pollution control boxed cleaned annually • Cleaning of outfalls • Stormwater pumps Intentionally left blank Solid Waste Enterprise Fund Budget Year 2021-2022 113 | Page Annual Budget Book |Fiscal Year 2021-2022 Purpose The solid waste program provides residents in single family homes and duplexes reliable garbage and recycling pick up. Residents in single-family homes or duplexes receive two pick-ups of household garbage per week, yard waste pick- up is once per week and once-a-month bulk waste pick-up. Recycling pick-up for all areas is once per week (currently Wednesday). As in the previous year, there will be no service on these holidays: Fourth of July, Thanksgiving Day, and Christmas Day. The management of our solid waste, recycling and bulk trash pickup presents opportunities in the upcoming year to address concerns the Village has regarding the white glove retrieval and return of bins, the quality control over the recycling program as well as opportunities for composting or other means of sustainable re-use. It is a priority to the Village to reduce, reuse and recycle. The Village’s Chief Resilience and Sustainability Officer has been tasked with oversight of the solid waste program given the tremendous opportunity to reduce our waste output, ensure proper recycling through vendor accountability and public education, and establish a low impact sustainable solid waste program. Prior Year’s Significant Accomplishments • Signed a new solid waste contract which maintains the existing level of service including side yard pickup at a flat for the next 3 years • Improved collections on past due balances, interest, and penalties previously unrecognized to yield approximately $730,000 of Village provided services that had not been paid for by our customers • The Village Council passed Ordinance 2020-03 that will require bins to be shielded from view limiting any adverse impacts to the community’s exquisite curb appeal Major Budget Highlights & Changes Solid Waste Revenue Based on the new contract and better collection rates, the solid waste fee was reduced from $805 to $755 for each customer Contractual Services Through a competitive bidding format, the Village selected a solid waste & recycling provider that maintains the existing level of service for a lower cost Solid Waste Enterprise Fund Budget Year 2021-2022 114 | Page Annual Budget Book |Fiscal Year 2021-2022 Intentionally left blank FY2019 FY2020 FY2021 FY2022 Actual Actual Adopted Proposed dollar % Revenues 343.00300 SOLID WASTE REVENUE 815,607 814,893 1,039,230 953,225 (86,005) -8% 349.00300 OTHER REVENUE 7,550 247,029 10,000 - (10,000) -100% Total Revenues 823,156 1,061,922 1,049,230 953,225 (96,005) -9% Expenditures 534.34000 CONTRACTUAL SERVICES 764,504 746,215 936,590 850,000 (86,590) -9% 534.12000 ALLOCATION OF SALARIES - 49,775 54,011 54,011 109% 534.34100 ADMINSTRATIVE EXPENSES 7,619 8,202 7,500 5,000 (2,500) -33% 534.49100 UNCOLLECTIBLE ACCOUNTS 7,385 50,365 - (50,365) -100% 534.49150 CREDIT CARD FEES - 2,091 5,000 - (5,000) -100% Total Expenditures 779,508 756,508 1,049,230 909,011 (140,219) -13% Excess (Revenues)/Expenditures 43,648 305,414 0 44,214 Village of Key Biscayne Adopted Solid Waste Enterprise Fund Budget Fiscal Year 2022 variance Financial Terms Glossary Budget Year 2021-2022 115 | Page Annual Budget Book |Fiscal Year 2021-2022 The Village of Key Biscayne Annual Budget is structured to be understandable and meaningful to both the general public and the organization. This glossary is provided to assist those unfamiliar with financial terms and a few terms specific to the Village’s financial planning process. A Account: A term used to identify an individual asset, liability, expenditure control, revenue control, encumbrance control, or fund balance. Accountability: The state of being obligated to explain actions, to justify what was done. Accountability requires the justification for the raising of public resources and the purposes for which they are used. Accounting System: The total structure of records and procedures which discover, record, classify, summarize, and report information on the financial position and results of operations of a government or any of its funds, fund types, balanced account groups, or organizational components. Accrual Basis of Accounting: The method which records revenues when earned (whether or not cash is then received) and records expenditures when goods or services are received (whether or not cash is disbursed at that time). Activity: Departmental efforts which contribute to the achievement of a specific set of program objectives, the smallest unit of the program budget. Actual Prior Year: Actual amounts for the fiscal year preceding the current fiscal year which precedes the budget fiscal year. Adopted Budget: The financial plan adopted by the Village Council as an ordinance which forms a basis for appropriations. Ad Valorem Tax: Property taxes calculated as a percentage of the value of real or personal property. The percentage is expressed in mills (thousandths of dollars). Allocation: The distribution of appropriated funds to a particular Fund or Department level authorized to incur obligations. Appraise: To estimate the value, particularly the value of property. Appropriation: The authorization by the governing body to make payments or incur obligations for specific purposes. Financial Terms Glossary Budget Year 2021-2022 116 | Page Annual Budget Book |Fiscal Year 2021-2022 Appropriated Fund Balance: The amount of surplus funds available to finance operations of that fund in a subsequent year, or years. Assess: To establish an official property value for taxation. Assessed Value: A valuation set upon real estate by Metro Dade County Property Appraiser as a basis for levying real property taxes (Ad Valorem Tax). Asset: Resources owned or held by governments which have monetary value. Assets may be tangible or intangible and are expressed in terms of cost or some other value. Probable future economic benefits obtained or controlled by the government as a result past transactions or events. B Balanced Budget: Occurs when planned expenditures equal anticipated revenues. In Florida, it is a requirement that the budget submitted to the Village Council be balanced. Balance Sheet: The basic financial statement which discloses the assets, liabilities, and equities of an entity at a specified date in conformity with GAAP. Basis of Accounting: A term used to refer to when revenues, expenditures, expenses, and transfers -- and the related assets and liabilities -- are recognized in the accounts and reported on the financial statements. Specifically, it relates to the timing of measurements made, regardless of the nature of the measurement, on either the cash or accrual method. Basis Points: The measure of the yield to maturity of an investment calculated to four decimal places. A basis point is 1/100th of 1 percent (.01 percent). Beach Nourishment: The maintenance of a restored beach by the replacement of sand. Bond: A written promise to pay a designated sum of money (the principal) at a specific date in the future, along with periodic interest at a specific rate. The payments on bonds are identified as Debt Service. Bonds are generally used to obtain long-term financing for capital improvements. Bond Funds: Resources derived from issuance of bonds for specific purposes and used to finance capital expenditures. Bonded Indebtedness: Outstanding debt by issue of bonds which is repaid by ad valorem or other revenue. Financial Terms Glossary Budget Year 2021-2022 117 | Page Annual Budget Book |Fiscal Year 2021-2022 Bond Rating: A rating (made by an established bond rating company) from a schedule of grades indicating the probability of timely repayment of principal and interest on bonds issued. Budget (operating): A plan of financial operation embodying an estimate of proposed expenditures for a given fiscal year and the proposed means of financing them (revenue estimates). The term is also used for the officially authorized expenditure ceilings under which a government and its departments operate, usually one year. Budgetary Basis: This refers to the basis of accounting used to estimate financing sources and uses in the budget. This generally takes one of three forms: GAAP, cash, or modified accrual. Budget Calendar: The schedule of key dates which the Village follows in the preparation and adoption of the budget. Budget Document (Program and Financial Plan): The official written statement prepared by the Village staff reflecting the decisions made by the Council in their budget deliberations. Budget Message: A general discussion of the proposed budget written by the Village Manager to the Village Council. The message provides the Village Council and the public with a general summary of the most important aspects of the budget. Budget Ordinance: The schedule of revenues and expenditures for the upcoming fiscal year which is adopted by the Village Council each year. Budget Process: The process of translating planning and programming decisions into specific financial plans. C Capacity: A measure of an organization’s ability to provide customers with the demanded service or products, in the amount requested and in a timely manner. Capital Expenditure: An organizations expenditure to acquire or improve capital assets. Capital Improvement Program (CIP): A projection of capital (long-lived and significant) expenditures over the coming five years. The method of financing is also indicated. Capital Improvement Fund: An account used to segregate a portion of the government's equity to be used for future capital program expenditures. Financial Terms Glossary Budget Year 2021-2022 118 | Page Annual Budget Book |Fiscal Year 2021-2022 Capital Outlay: The amount set aside in the operating budget each year for capital expenditures. Capital Project: Major construction, acquisition, or renovation activities which add value to a government's physical assets or significantly increase their useful life. Also called capital improvement. Capital Projects Budget: A fiscal year budget for capital expenditures, i.e. items or projects of significant value with a probable life of one or more years, and the means of financing them. Cash Basis: The accounting method which records revenues when they are received in cash and records expenditures when they are paid. Cash Management: The process of managing monies for the Village to ensure maximum cash availability and maximum yield on short-term investments of idle cash. Certiorari: A judicial proceeding to review an assessment of real property. Consumer Price Index (CPI): A statistical description of price levels provided by the U.S. Department of labor. The index is used as a measure of the increase in the cost of living (i.e., economic inflation). Consolidated Budget: The consolidated budget section contains a summary of all Village funds and all revenues and expenditures. Contingency Fund Account: An appropriation of money set aside for unexpected expenses. The amount needed is transferred by Village Council action to supplement an appropriate expenditure account, if necessary. Contractual Services: Services rendered to a government by private firms, individuals, or other governmental agencies. Examples include utilities, rent, maintenance agreements, professional consulting, legal and auditing services. Cost Sharing: The contribution that a grantee must make to help fund the total cost of a project. County Wide Service Area: Miami-Dade County is the regional government for all residents of the county. As the area-wide government, the county has the responsibility to provide certain services to all residents. The countywide services include: public health care (Jackson Memorial Hospital), sheriff, jails, courts, mass transportation (Metrorail), environmental protection, certain parks and public works activities, elections, tax collection, property appraisal and social service programs. The revenue to pay for countywide services comes from property and gas taxes, licenses, charges for services, Financial Terms Glossary Budget Year 2021-2022 119 | Page Annual Budget Book |Fiscal Year 2021-2022 intergovernmental aid, fines and forfeitures, transfers, and interest earnings. Emergency Management, Trauma Coordination, and Air Rescue are part of the Miami-Dade Fire Rescue Department, but are classified as county wide services and, therefore, are in the county wide budget, not in the Fire Rescue District budget. All of these services are provided for all residents (and visitors) in the county, regardless of where they live. Current Revenues: Those revenues received within the present fiscal year. Customer: The recipient of a product or service provided by the Village. D Debt Service: The annual payment of principal and interest on the Village’s outstanding bonded indebtedness. Debt Service Fund: Fund used to account for the accumulation of resources for and payment of general long term debt principal, interest, and related costs. The payment of principal and interest on borrowed funds. Delinquent Taxes: Taxes remaining unpaid on or after the date on which a penalty for nonpayment is attached. Department: A major administrative division of the Village, which indicates overall management responsibility for an operation or a group of related operations within a functional area. A department usually has more than one program and may have more than one fund. Depreciation: Expiration in the service of life of capital assets attributable to wear and tear, deterioration, action of the physical elements, inadequacy or absolence, or the portion of the cost of a capital asset which is charged as an expense during a fiscal period. Disbursement: The expenditure of monies from an account. Distinguished Budget Presentation Awards Program: A voluntary awards program administered by the Government Finance Officers Association to encourage governments to prepare effective budget documents. The Village has received this award since 1993. E Employee (or Fringe) Benefits: Contributions made by a government to meet commitments or obligations for employee fringe benefits. Included are the government's Financial Terms Glossary Budget Year 2021-2022 120 | Page Annual Budget Book |Fiscal Year 2021-2022 share of costs for Social Security and the deferred compensation, medical, legal, disability and life insurance plans. Encumbrance: Commitments of funds for contracts and services to be performed. When encumbrances are recorded, available appropriations are correspondingly reduced. These funds cease to be an encumbrance when paid, and become a disbursement. Enterprise Fund: Funds established to account for operations which are financed and operated in a manner similar to private enterprises. The intent is that the expense of providing services to the public on a continuing basis (including depreciation) be financed or recovered primarily through user fees. Equity: Balance remaining after liabilities are deducted from assets. Equity Funding: Funding is accomplished with available resources, and does not include leveraged resources. Project funding is dictated by the availability of cash. Estimated Revenues: Projections of funds to be received during the fiscal year. Expenditure: An expenditure is an outlay of money. It includes the cost of goods delivered or services provided, including operating expenses, capital outlays, and debt service. They also include such things as paying salaries of police, fire and others, purchasing materials, electricity, water and gas, and making long-term debt payments. F Federal Emergency Management Agency (FEMA): Federal agency responsible for the overall coordination of federal disaster response and recovery activities including public assistance programs. Final Budget: Term used to describe revenues and expenditures for the upcoming year beginning October 1st, and ending September 30th, as adopted by the Village Council. Financial Policy: A government’s policies with respect to revenues, spending, and debt management as these relate to government services, programs, and capital investments. Fiscal policy provides an agreed-upon set of principles for the planning and programming of government budgets and their funding. The Village policy was adopted August 10, 1993. Financial Terms: A glossary of specialized financial terms. Fiscal Year: The 12-month period to which the annual budget applies. The Village’s fiscal year begins October 1st, and ends on September 30th. Financial Terms Glossary Budget Year 2021-2022 121 | Page Annual Budget Book |Fiscal Year 2021-2022 Fixed Assets: Assets of long-term character that are intended to continue to be held or used, such as land, buildings, machinery, furniture, and other equipment. Franchise: A special privilege granted by a government permitting the continuing use of public property, such as city streets, and usually involving the elements of monopoly and regulation. Franchise Fees: Fees levied by the Village in return for granting a privilege which permits the continual use of public property such as city streets, and usually involves the elements of monopoly and regulation. Full Faith and Credit: A pledge of government’s taxing power to repay debt obligations. Fund: An independent fiscal and accounting entity with a self-balancing set of accounts. Funds are established to attain certain objectives or to simply segregate activities. Examples are the General Fund, Refuse Collection and Recycling Fund, the Stormwater Utility Fund and the Sanitary Sewer Fund. Fund Balance: The excess of entity’s assets over liabilities for a fund. A negative fund balance is sometimes called a deficit. G GAAP: Generally Accepted Accounting Principles. Uniform minimum standards for financial accounting and recording, encompassing the conventions, rules, and procedures that define accepted accounting principles. The primary authoritative body on the application of GAAP to state and local governments is the Governmental Accounting Standards Board (GASB). General Fund: The fund that is available for any legal authorized purpose and which is therefore used to account for all revenues and all activities except those required to be accounted for in another fund. Note: The General Fund is used to finance the ordinary operations of a governmental unit. The entity receives revenue from specific sources and spends it on specific activities. General Ledger: A book, file, or other device which contains the accounts needed to reflect the financial position and the results of operations of an entity. In double entry bookkeeping, the debits and credits in the general ledger are equal; therefore, the debit balances equal the credit balances. General Obligation Bonds: Bonds for the payment of which the full faith and credit of the issuing government are pledged. In issuing general obligation bonds, the Village of Key Biscayne pledges to levy whatever property tax is needed to repay the bonds for any Financial Terms Glossary Budget Year 2021-2022 122 | Page Annual Budget Book |Fiscal Year 2021-2022 particular year. General Obligation Bonds cannot be issued without voter approval and are usually issued with maturities of between 15 and 30 years. GFOA: Government Finance Officers Association. An organization founded to support the advancement of governmental accounting, auditing, and financial reporting. Goal: A long-term, attainable target for an organization. An organization's vision of the future. Goals and Objectives: A narrative in each department which establishes a program of non-routine, or especially emphasized, intentions and tasks for each Village department or sub-department during a one-year period. It is not necessarily a fiscal period Grant: A contribution by one governmental or other organizational unit to another. The contribution is usually made to aid in the support of a specified function (for example, public works). I Impact Fees: Fees charged to developers to cover, in whole or in part, the anticipated cost of improvements borne by the Village that will be necessary as a result of the development. Infrastructure: The physical assets of a government (e.g., streets, water, sewer, public buildings and parks). Inter-fund Transfer: Equity funds transferred from one fund to another. Intergovernmental Revenue: Funds received from federal, state, and other local governmental sources in the form of shared revenues. Insurance Services Office/Commercial Risk Service (ISO): An insurance rating system used to rate the cost of insurance for property owners. The lower a district’s rating the lower the cost of insurance. Village rating is a three. L Liabilities: Debts or other legal obligation arising out of transactions in the past, which must be liquidated, renewed, or refunded at some future date. This term does not include encumbrances. Line Item: A specific item defined by detail in a separate account in the financial records. Revenue and expenditure justifications are reviewed, anticipated and appropriated at this level. Financial Terms Glossary Budget Year 2021-2022 123 | Page Annual Budget Book |Fiscal Year 2021-2022 M Management Plan: The strategic planning items that summarizes and articulates the Goals and Objectives for each department. Millage rate: One mill equals $1 of tax for each $1,000 of property value. The millage rate is the total number of mills of tax assessed against this value. The millage rate is a rate of taxation ultimately adopted by the Village Council. Mill of Tax: A mill is a rate of tax equal to $1 for each $1,000 of assessed property value. If a house has a taxable value of $50,000 and the millage rate is 1, then $50 in taxes are assessed, and if the millage rate is 10, then $500 in taxes are assessed. Mission: A description of the scope and purpose of a Village department. Modified Accrual Accounting: A basis of accounting in which revenues are recorded when collectable within the current period or soon enough thereafter to be used to pay liabilities of the current period, and expenditures are recognized when the related liability is incurred. N Non-Departmental Appropriations (Expenditures): The costs of government services or operations which are not directly attributable to Village Departments. O Objective: A specific measurable and observable result of an organization’s activity which advances the organization toward its goal. Objects of Expenditure: Expenditure classifications are based upon the types or categories of goods and services purchased. See Object Code Glossary. Obligations: Amounts which a government may be legally required to meet out of its resources. They include not only actual liabilities, but also encumbrances not yet paid. Operating Budget: The Village’s financial plan which outlines proposed expenditures for the coming fiscal year and estimates the revenues which will be used to finance them. Operating Revenue: Funds that the government receives as income to pay for ongoing operations. It includes such items as taxes, fees from specific services, interest earning, and grant revenues. Operating revenues are used to pay for day to day services. Financial Terms Glossary Budget Year 2021-2022 124 | Page Annual Budget Book |Fiscal Year 2021-2022 Ordinance: A formal legislative enactment by the Village Council. A law. OSHA: Occupation Safety & Health Administration. P Personnel Services: Expenditures for salaries, wages, and related employee benefits. Policy: A plan, course of action, or guiding principle, designed to set parameters for decisions and actions. Productivity: A measure of the service output of Village programs compared to the per unit of resource input invested. Programs and Objectives: The descriptions of the structure, purposes, activities, tasks and volumes or frequencies of each organizational unit shown in the budget. The period spans the fiscal year. Property Tax Rate: A tax based on the assessed value of the real property. It is also called an ad valorem tax. The tax is determined by multiplying the taxable value of the property by the millage rate. If a house has a taxable value of $300,000 and the millage rate is 1, then $300 in taxes are assessed, and if the millage rate is 10, then $3,000 in taxes are assessed. Property Tax Calculations. If the taxable value of a property after taking all exemptions is $1,000,000, and the millage rate used to determine taxes is 3.20, then assessed taxes would be $3,200. The calculation is performed by taking the taxable value ($1,000,000) divided by 1,000 and multiplying it by the millage rate (3.20), the 2008 Fiscal Year rate. Proposed Budget: The budget proposed by the Village Manager to the Village Council for review and approval. R Reserve: An account used either to set aside budgeted revenues that are not required for expenditure in the current budget year or to earmark revenues for a specific future purpose. Reserve Fund: A fund established to accumulate money for a special purpose, such as the purchase of new equipment. Resolution: A special or temporary order of a legislative body requiring less formality than an ordinance or statute. Financial Terms Glossary Budget Year 2021-2022 125 | Page Annual Budget Book |Fiscal Year 2021-2022 Revenue: Money that the Village of Key Biscayne receives from a variety of sources such as property taxes, permits and fees, utility and sales taxes, charges for services, grants, franchise fees and license fees that it uses to finance expenditures. Risk Management: The identification and control of risk and liabilities incurred by a local government to conserve resources from accidental loss. Rolled Back Millage Rate: The millage necessary to raise the same amount of Ad Valorem tax revenue as the previous year, excluding taxes from new construction. It represents the millage rate level for no tax increase. S Service: An activity that: produces an output that is not physical in nature; and produces an output that, when provided, provides utility to the customer in the form of intangible benefits. Service Charges: The amount the Village receives for the provision of services and commodities, or the performance of specific services benefiting the person charged. Special Assessment: A compulsory levy made against certain properties to defray part or all of the cost of a specific improvement or service deemed to primarily benefit those properties. All tax-exempt property in the affected area will also have to pay the special assessment. Surplus: The use of the term “surplus” in governmental accounting is generally discouraged because it creates a potential for misleading inference. Undesignated fund balance is used instead. The concept of net worth in commercial accounting is comparable to fund balance in government accounting. That portion of the fund balance which is not reserved for specific purposes or obligations is called the undesignated fund balance; it is the true surplus. T Tax Base: Total assessed valuation of real property within the Village. Tax Levy: The total amount to be raised by general property taxes for purposes specified in the Tax Levy Ordinance. Tax Rate: The amount of tax levied for each $1,000 of assessed valuation. Tax Roll: The official list of the Dade County Tax Assessor showing the amount of taxes imposed against each taxable property. Financial Terms Glossary Budget Year 2021-2022 126 | Page Annual Budget Book |Fiscal Year 2021-2022 Taxing Limit: The maximum rate at which the Village may levy a tax, which for Florida municipalities is 10 mills, or $10 per thousand dollars of assessed value. Transfers: Amounts transferred from one fund to finance activities in another fund. Traunch: One of many influxes of cash which is part of a single round of investment. TRIM: Truth in millage (section 200.065, Florida Statute). Trust Fund: A fund used to account for assets held by the Village in a trustee capacity for individuals, other governments or other funds. U Undesignated Fund Balance: That portion of the fund balance available for use in subsequent budgets. The term is preferable over the commonly used and ill-defined a surplus. User Fee: Charges for specific services provided only to those paying such charges. Examples would be stormwater utility and refuse collection, disposal and recycling fees. Utility Taxes: Municipal charges levied by the Village on every purchase of a public service within its corporate limits. Public service includes electricity, gas, fuel oil, water, and telecommunications service. V Value: Worth of a product or service related to the use to which it can be put; reflection of the cost of a product or service measured in terms of labor time absorbed; present worth of future benefits that accrue from a product or service. Values: The underlying beliefs and attitudes that help determine the behavior that individuals within an organization will display. Vision: An objective that lies outside the range of planning. It describes an organization’s most desirable future state, and it declares what the organization needs to care about most in order to reach that future. W Workload Indicators: An indication of the output of a department. It may consist of transactions, products, events, services or persons served. Object Code Glossary Budget Year 2021-2022 127 | Page Annual Budget Book |Fiscal Year 2021-2022 Once the service level is defined, resources are allocated in the form of a line-item budget. The object codes below describe what types of expenses are included on each line. 12 REGULAR SALARIES - Employees who are or will be members of a retirement system as a condition of employment. Includes all full-time and part-time employees who make up the regular work force. 13 OTHER SALARIES - Employees who are not or will not be members of a retirement system as a condition of their employment. Includes all full- time and part-time employees who are not part of the regular work force. This includes part-time, seasonal and paid interns. 14 OVERTIME - Payments in addition to regular salaries and wages for services performed in excess of the regular work hour requirement. Includes Special Details, In-Kind Services, Manpower Shortages, Specialized Trainings, etc. 15 SPECIAL PAY - Includes educational incentive pay for law enforcement officers and firefighters. As well, all employees receive Vacation Excess pay after accumulating the maximum allowable time of 480 hours. Employees who work during a holiday will receive Holiday Pay at time and a half for hours worked. A Longevity Bonus is awarded to an employee on their 15th year anniversary and every year thereafter if they have reached the top of their salary range and have not received a pay increase upon their 15th or 20th year anniversary under prior collective bargaining agreements. The amount of the bonus is determined based on the employee’s performance evaluation score. The maximum is 4% of the base salary. 18 COMPENSATED LEAVE - It is used to capture payments for non-productive salary-related time like final vacation, sick, and compensable time to employees who separate from employment. Example: Upon separation of employment, an employee shall be paid out for up to 480 hours of Object Code Glossary Budget Year 2021-2022 128 | Page Annual Budget Book |Fiscal Year 2021-2022 Vacation Time and 360 hours of Comp Time for Police and Fire (240 hours for civilians) at the current hourly rate. Sick Leave is paid out at a rate of 10% per year of service up to a maximum of 100% after 10 years of service at the employee’s average hourly rate of pay during his/her employment. Fire Rescue employees are allowed to sell back time (vacation and/or compensable time) by submitting a written request no later than May 1st of each year and, if approved, they will receive pay during the first full pay period of the following October. However, at the discretion of the Manager employees will be allowed to sell back accrued time other times during the year if the employee can demonstrate financial hardship. 21 PAYROLL TAXES - FICA (Federal Insurance Contribution Act) Social Security and Medicare matching. 22 RETIREMENT CONTRIBUTIONS - Amounts contributed to a retirement fund. 23 LIFE AND HEALTH INSURANCE - Includes life and health insurance premiums and benefits paid for employees. 24 WORKERS’ COMPENSATION - Premiums and benefits paid for Workers’ Compensation insurance. 31 PROFESSIONAL SERVICES - Legal, medical, dental, engineering, architectural, appraisal, technological, and other services procured by the local unit as independent professional assistance even if the service can be procured by a contract. Includes such financial services as bond rating, etc., where the service received is not directly involved with accounting and/or auditing. 32 ACCOUNTING AND AUDITING - Generally includes all services received from independent certified public accountants. 33 COURT REPORTER SERVICES - This includes the costs of appearance fees Object Code Glossary Budget Year 2021-2022 129 | Page Annual Budget Book |Fiscal Year 2021-2022 and transcript fees for in-court proceedings, appeals, and depositions. Example: Red Light Camera Hearings with Special Magistrate. 34 CONTRACT SERVICES - Services procured independently by contract or agreement with persons, firms, corporations or other governmental units. Example: Contracts for building maintenance, school crossing guards, landscaping services, etc. 35 INVESTIGATIONS - Cost incurred for confidential matters handled pursuant to criminal investigations. Example: Police undercover tasks forces. 40 TRAVEL AND PER DIEM - This includes the costs transportation and lodging. Reimbursements for use of personal vehicle, per diem, meals and incidental travel expenses. This cost is associated with out-of-town conferences, meetings, and training. 41 COMMUNICATIONS - Used for internet services, communication devices and communication accessories as well as for service plans for long distance and local service. 42 FREIGHT & POSTAGE SERVICES – Includes costs of shipping packages and mailing documents. 43 UTILITY SERVICES – Includes costs associated with the provision of electrical power, water and sewer and trash collection 44 RENTALS & LEASES - Amounts paid for the lease or rent of equipment (water coolers, copier/scanners, interior plants, postage machine, portable air conditioning units, golf carts, etc.) 45 PROPERTY & LIABILITY INSURANCE - Includes all insurance carried for the protection of the local government such as fire, theft, casualty, general Object Code Glossary Budget Year 2021-2022 130 | Page Annual Budget Book |Fiscal Year 2021-2022 and professional liability, auto coverage, surety bonds, etc. 46 REPAIR & MAINTENANCE SERVICES - This account code should include costs incurred for the repair and maintenance of buildings, vehicles, and equipment including all maintenance and service contracts as well as non-capital renovation. 47 PRINTING & BINDING - Cost of printing, binding, and other reproduction services, which are contracted for or purchased from outside vendors. Includes charges for printing letterhead, business cards, brochures, etc. 48 PROMOTIONAL ACTIVITIES - Includes any type of promotional advertising on behalf of the Village. Example: Materials produced for the Police D.A.R.E. program or the Active Islander produced by the Village Community Center. 49 OTHER CURRENT CHARGES - Includes current charges and obligations not otherwise classified. Example: team-building events, health fairs, credit card fees, bank fees, etc.) 51 OFFICE SUPPLIES - Includes materials and supplies such as paper, folders, printer’s ink, pens, etc. 52 OPERATING SUPPLIES - All types of supplies consumed in the conduct of operations. This category may include food, fuel, lubricants, chemicals, laboratory supplies, household items, institutional supplies, uniforms and other clothing Example: Medical supplies used in the Fire-Rescue Department or Gym Wipes used in the Community Center. 54 SUBSCRIPTION & MEMBERSHIPS - Fees for organizations’ subscriptions, maintenance/support agreement and software licenses. Example: Microsoft Office licenses, professional membership dues, etc. Object Code Glossary Budget Year 2021-2022 131 | Page Annual Budget Book |Fiscal Year 2021-2022 55 TRAINING - Includes training and educational costs like training materials and registration fees. Example: Florida Climate Symposium. 60 CAPITAL OUTLAY - Outlays for the acquisition of or addition to fixed assets. Example: Office furniture and equipment 70 DEBT SERVICE - Outlays for debt service purposes (principal, interest, other debt service costs) 80 GRANTS & AIDS - Grants and Aids include all grants, subsidies, and contributions to other government entities/reporting units and private organizations. Example: Educational Initiatives. 91 CONTINGENCIES - Reserved for contingent events, conditions or emergencies that are unanticipated. ne Village of Key Biscayne 88 West McIntyre Street Key Biscayne, FL 33149 (305) 365-5511