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HomeMy Public PortalAbout2024 Adopted Budget - Final.pdfVillage of Key Biscayne Annual Budget Book Fiscal Year 2024 Last updated 10/13/23 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 1 TABLE OF CONTENTS Introduction 4 Village Incorporation & Seal 5 Village Council 6 Village Profile 7 Demographics 9 Manager's Message 15 Budget Overview 19 Budget Process 20 Budget Summary 22 Organization Chart 23 Village Authorized Positions 24 Cost Allocations 28 Financial Policies 29 Budget Practices 36 Revenues 38 Reserves 44 Departments 45 Overview 46 Village Council 47 Office of the Village Clerk 50 Village Attorney 56 Police Department 61 Fire Rescue 68 Building, Planning and Zoning 74 Parks and Recreation 80 Community Center 85 Athletics 90 Public Works 96 Administration 103 Debt Service 110 Funds Overview 114 General Fund 115 Transportation Fund 120 Parks and Open Spaces Land Trust Fund 125 Building Fund 129 Stormwater Fund 134 Solid Waste Fund 139 Capital Improvement Plan Fund 142 Capital Improvements 144 Capital Improvement Program 145 One year plan 146 Multi-year plan 153 Appendix 156 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 2 Athletics Requests 157 Building Requests 170 Community Center Requests 177 Fire and Rescue Requests 201 Parks and Recreation Requests 227 Police Requests 262 Public Works Requests 269 Glossary 351 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 3 INTRODUCTION Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 4 Origin of The Village Seal June 18, 1991: The Incorporation of the Village of Key Biscayne, Florida One of the oldest and most recognizable landmarks in South Florida, the lighthouse was rst 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, shermen, 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 gures 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. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 5 Village Mayor and Councilmembers Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 6 Village Prole Key Biscayne is a vibrant, residential community of more than 14,500 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 nestled between Biscayne Bay and the Atlantic ocean. It promotes a high quality of life, a thriving commercial district, and an increasingly resilient environment. Incorporated in 1991, the Village of Key Biscayne is proud of its 32nd Anniversary. This section provides a brief history and prole of the Village and how it has become the unparalleled Island Paradise that it is today. 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 built on the southern tip of Bill Baggs Cape Florida State Park. The lighthouse has remained as one of South Florida’s oldest standing structures, becoming a famous landmark for the Key and the region. 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 portion 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. On November 9, 1947, ofcial ceremonies marked the opening of the Rickenbacker Causeway, connecting Key Biscayne to the mainland. Subsequently, the Matheson’s 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 rst residential development. The construction of the original shopping plaza and beach front Key Biscayne Hotel followed shortly thereafter. Within that span, the island community swelled from 29 residents to 2,500 residents by 1995. The Village was incorporated as a new municipality in 1991. Fueled by the community's desire for self-governance, becoming the rst new city in Miami-Dade County in over fty years. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 7 Government Prole 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 council members. The council is responsible for, among other things, passing ordinances and resolutions, adopting 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, re 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. Parks and Recreation 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 towards continued future stability. This thriving and vibrant community is comprised of diverse, well-educated, and engaged 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. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 8 Population Overview TOTAL POPULATION 14,530 1.9% vs. 2020 GROWTH RANK 310 out of 413 Municipalities in Florida DAYTIME POPULATION 14,593 Daytime population represents the effect of persons coming into or leaving a community for work, entertainment, shopping, etc. during the typical workday. An increased daytime population puts greater demand on host community services which directly impacts operational costs. * Data Source: American Community Survey 5-year estimates POPULATION BY AGE GROUP Aging affects the needs and lifestyle choices of residents. Municipalities must adjust and plan services accordingly. * Data Source: American Community Survey 5-year estimates * Data Source: U.S. Census Bureau American Community Survey 5-year Data and the 2020, 2010, 2000, and 1990 Decennial Censuses 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 9k 10k 11k 12k 13k 14k 15k <5 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-59 60-64 65-74 75-84 >85 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 9 Household Analysis TOTAL HOUSEHOLDS 4,580 Municipalities must consider the dynamics of household types to plan for and provide services effectively. Household type also has a general correlation to income levels which affect the municipal tax base. * Data Source: American Community Survey 5-year estimates Family Households 67% 40% higher than state average Married Couples 65% 22% lower than state average Singles 22% Senior Living Alone 12% Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 10 Economic Analysis Household income is a key data point in evaluating a community’s wealth and spending power. Pay levels and earnings typically vary by geographic regions and should be looked at in context of the overall cost of living. HOUSEHOLD INCOME Above $200,000 44% Median Income 167,990 Below $25,000 9% * Data Source: American Community Survey 5-year estimates Over $200,000 $150,000 to $200,000 $125,000 to $150,000 $100,000 to $125,000 $75,000 to $100,000 $50,000 to $75,000 $25,000 to $50,000 Below $25,000 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 11 Housing Overview 2021 MEDIAN HOME VALUE 1,246,700 * Data Source: 2021 US Census Bureau (http://www.census.gov/data/developers/data- sets.html), American Community Survey. Home value data includes all types of owner-occupied housing. HOME VALUE DISTRIBUTION * Data Source: 2021 US Census Bureau (http://www.census.gov/data/developers/data- sets.html), American Community Survey. Home value data includes all types of owner-occupied housing. HOME OWNERS VS RENTERS Key Biscayne 31% Rent 69% Own State Avg. 34% Rent 66% Own * Data Source: 2021 US Census Bureau (http://www.census.gov/data/developers/data- sets.html), American Community Survey. Home value data includes all types of owner-occupied housing. 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 1,000k 750k 1,250k 1,500k >$1,000,000 $750,000 to $999,999 $500,000 to $749,999 $400,000 to $499,999 $300,000 to $399,999 $250,000 to $299,999 $200,000 to $249,999 $150,000 to $199,999 $100,000 to $149,999 $50,000 to $99,999 <$49,999 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 12 Summary of Demographic Implications on the Budget The Village continues to be a desirable place to call home for our roughly 14,530 residents living on one square mile. In the last decade, the Village grew by almost 50%, starting at about 10,000 residents and increasing to nearly 15,000. In addition, the Village has a relatively high renter to homeowner rate compared to other afuent communities. This is due to the Village receiving thousands of visitors annually, which can push our population close to 20,000 in the high season. Population growth combined with high rental demand contributes to increased property values. Since 2010, the Village has seen an almost 40% increase in property values, adjusting for ination. As 70% of the Village’s annual revenue, property taxes are vital to sustaining, expanding, and continually improving the services, infrastructure, and programs that provide residents with a high quality of life and visitors with a great experience. With more people, the cost of maintaining this level of service continues to increase. Most of our recent growth can be attributed to new families with school-age children moving to the Key to raise their kids in a safe, active, and vibrant community. There are about 1,000 new children ages 10-19 (+40%) since 2018. Families with school-age children make up most of the Village’s population; 34% of the population is under 18 and the next largest group is their parents aged 35-55 at 32%. With our new families, the Village also experienced a cultural shift. In just three years (2018-2021), the Village’s non-US citizen population grew by 35%, and our foreign-born population grew by 24%, adding to the diversity on the island and enriching our local culture. Our families are extremely active – coming and going from school, work, and extra- curricular activities daily. This means more people using public infrastructure like roads, parks, bike lanes, and sidewalks, more people requiring services like our police, re, and building department, and more people taking advantage of our programs and facilities in our community center. In fact, membership at the community center has already bounced back and exceeded pre-pandemic levels. Our seniors are equally active, with those 60 years and older making up over 20% of our community. They are some of the most consistent users of the community center and its programs. Many of our older community members are on xed incomes, making our low-cost community programs vital to their feeling a part of a community and staying engaged. In this year’s budget, the Village will cater to long-time and new residents by continuing to provide engaging and inclusive programming for people of all origins, ages, and abilities. Additionally, the Village is increasing community center fees for the rst time since 2006 to help pay for the additional costs associated with serving more community members and providing high quality programming. With population growth came increased number of educated, nancially well-off, working professionals. Today, over 74% of those over 25 hold a bachelor’s degree or higher and our household incomes remain strong with 44% exceeding $200,000. As our Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 13 working professional and family population grows, trafc congestion becomes a more pressing issue, especially during commuting hours as both students and professionals travel to and from school and work. In this year’s budget, the Village is focusing on reducing vehicle congestion and making all modes of travel less stressful, more accessible, and safer. As a wealthy, educated community, the Village fullls high expectations for services, infrastructure, and programming; and as a barrier island community, the Village faces the necessity of providing comprehensive municipal services. Residents are isolated from mainland services, attractions, destinations, and amenities. Therefore, the Village provides most of what the community needs through comprehensive public services, including a police and re department, a community center, a pool, parks, programs, stormwater infrastructure, and sanitation services, among others. The Village maintains complete control of almost all public services and infrastructure; however, with control comes nancial responsibility for maintenance, operations, and eventually replacement. In this year’s budget, the Village is preparing for future large investments in infrastructure and facilities that will ensure a high quality of life and level of service for residents far into the future. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 14 Manager's Message I am once again excited and honored as I begin my third year as your Village Manager. It is genuinely a pleasure and privilege to serve the thriving and vibrant community of Key Biscayne. Our village is truly an Island Paradise, special and unmatched by any other. The Village staff and I continue to listen and have heard what you, our residents, have asked for and we are happy to present our Fiscal Year 2024 Budget to meet your expectations. First, I want to thank the Village Council for its guidance and the Village staff for their hard work and diligence in creating a thoughtful budget that is both efcient and effective in achieving our goals. This year’s budget again takes into consideration the economic challenges our community currently faces: A combined 9.7% increase in assessed property values, higher insurance premiums, and the effects of several years of high ination. We are committed to keeping expenses as low as possible while still ensuring that the Village can provide the public safety, services and infrastructure our residents need, desire and expect. This budget is designed to use our nancial and human resources wisely. In fact, we set this budget while still lowering the village millage rate for a third year in a row. Whereas with last year’s budget we concentrated on maintaining and repairing our facilities, parks and roads, this coming year we are shifting our focus to building for a better future as we launch the resilient infrastructure and adaptation program. The program’s goals are to protect our shorelines from more severe and frequent storms, reduce ooding resulting from changing environmental conditions, and improve electric and telecommunications utility reliability. This year, the Village is directly investing $3.5 million in the capital improvements plan to reduce ooding, safeguard our utilities, protect our shorelines, improve Crandon Blvd trafc and safety, install security cameras, and enhance the Beach Park and our Village Green playground. The great news is that to fund all our capital requirements, the Village Staff has actively worked to leverage our own investments with $12.6 million in matching grants, loans and State and Federal appropriations. Be assured that as we tackle our resilient infrastructure needs, we will continue to maintain the facilities and infrastructure we have and continue to provide exceptional community services. Our budget designates $5.7 million to maintain, repair and improve our roadways, stormwater systems, facilities, landscaping, parks and athletic elds. We know we must always take care of what we have. We want to build on the extensive maintenance and repair work we did last year and follow in the footsteps of our predecessors to create the unique quality of life our residents now enjoy. In the coming year, we will assign $6.1 million to provide our residents with engaging and active recreation, athletics programs and public spaces. The budget also allocates $20.2 million to continue to deliver the rst-rate police and re rescue services that our residents Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 15 cherish. These are essential services that we are renowned for as one of Miami-Dade County’s best and highly rated across the State of Florida. We consider these precious, a must-do to ensure the safety and security of our residents. As we enter the new scal year with excitement and focus, we want you to come along with us on the journey: Enjoy your village, be a part of the solutions, volunteer. Come to Council and community meetings, sign up for the Village Connect and the Village Information Network System, stay informed, answer surveys… we want and need your input to continuously make the Village of Key Biscayne a better place. I’ll see you around the village. Steven C. Williamson Village Manager The staff and I are proud of the work and accomplishments we achieved for the community in Fiscal Year 2023: Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 16 We are poised and ready to take on the following projects and actions in support of the residents in FY 2024: Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 17 We are continually motivated and guided by the Village’s enduring vision, mission and values: Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 18 Budget Overview The following information is intended to be a guide to nd information in the budget document of planned programs, services, and nancial information. The Fiscal Year 2024 Key Biscayne Budget compiles nancial and service delivery data in a single source document for easy reference. The Fiscal Year 2024 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 nancial and programmatic policies and goals that address long-term concerns and issues, as well as its short-term nancial 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, 2023, through September 30, 2024. The departmental budget sections provide objectives, performance measures and highlights for each department. A Financial Plan As a nancial 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 signicant 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 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 Manager's Message, which provides readers with a condensed analysis of the scal plans of the Village for the upcoming scal year. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 19 Budget Process 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 Village 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 nancial 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 results in objectives to guide the Village’s budget process: our Strategic Priorities. These are combined with preliminary projections of revenues and expenditures based on nancial trends and analysis that continue to be rened throughout the budget process. Budget Development The development of the next scal year’s budget begins in March when the Village Manager’s Ofce and Department leaders hold a strategic planning meeting to align with the Village Council’s goals and directives. In developing the Fiscal Year 2024 operating budget, departments analyzed existing services and potential services, considering the Council’s priorities. The budget identies added and removed services, which are then quantied in the line-item budget. They reect not only the strategic priorities as set by the Village Council, but also the policy initiatives that contribute to the long-term nancial health of the Village. Departments set objectives to meet the needs identied in the strategic priorities. To meet these objectives, departments have specic actions that are measured through key performance indicators. Individual staff member’s actions and performance measures are then linked to the department’s objectives, showing each employee what the end result of 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 are designed to show how the department’s objectives support the strategic priorities. Budget Procedures Balanced Budget Each annual budget adopted by the Village 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 scal year be deemed appropriate for the ensuing scal year for a period of fteen (15) days and may be renewed by resolution each fteen (15) days, with all items in Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 20 it prorated accordingly, until such time as the Council adopts an annual budget for the ensuing scal year. An ordinance adopting an annual budget shall constitute appropriations of the amounts specied therein. (Section 4.05b) 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 scal year be deemed appropriate for the ensuing scal year for a period of fteen (15) days and may be renewed by resolution each fteen (15) days, with all items in it prorated accordingly, until such time as the Council adopts an annual budget for the ensuing scal year. An ordinance adopting an annual budget shall constitute appropriations of the amounts specied therein. (Section 4.05b) Specic Appropriation The budget shall be specic as to the nature of each category of appropriations. Further changes, such as transferring of available funds within a specic department, may be authorized by the Village Manager. Reasonable appropriations may be made for contingencies, but not within dened 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 The General or Operating Fund Budget of the Village of Key Biscayne is prepared on a modied accrual basis. Briey, 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 Ofcers Association in association with the American Institute of Certied 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) Florida Annual Comprehensive Financial Reports (myoridacfo.com (https://www.myoridacfo.com/transparency/state- nancial-reports/FL-ACFR) shows the status of the Village's nances 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 ACFR 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 Funds are budgeted on a full accrual basis. Not only are expenditures recognized when a commitment is made, but revenues are also recognized when they are obligated to the Village. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 21 Budget Summary Budget Summary The proposed Fiscal Year 2024 General Fund Budget for the Village of Key Biscayne is $41,183,368 which includes operations and maintenance, the Parks, Recreation & Open Space Land Trust (“PROS Land Trust”) transfer of $296,190, and funding for capital improvements of $2,500,000. Fiscal Year 2024 total operating expenditures represent an increase of 9.1% from Fiscal Year 2023 Budget when excluding debt service and transfers out. The estimated property assessment for Fiscal Year 2024 is $9.9 billion, representing an increase of 9.7% from Fiscal Year 2023. 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 signicant ongoing economic pressures, the Proposed Budget levies property taxes on our residents and businesses using a millage rate of 3.1245. Revenue Summary General fund revenues are expected to total $41,183,368 which represents a 11.6% increase from Fiscal Year 2023. Ad-Valorem taxes account for approximately 72% of all general fund revenues. Expenditure Summary The total proposed General Fund Budget for Fiscal Year 2024 is $41,183,368 which includes an operating expense of $38,387,178 a transfer to the PROS Land Trust of $296,190 and a transfer to the CIP Fund of $2,500,000.  Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 22 Village Organizational Chart Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 23 Village Authorized Positions Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 24 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 25 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 26 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 27 Cost Allocations Certain members of staff have responsibilities that span multiple functions. In such circumstances, the Village has allocated the cost of these employees to the appropriate funding sources based on the individual employee’s time spent on each function. The result is a budget that more accurately aligns with the cost of providing services. The employees listed below have been allocated in the following manner: Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 28 Financial Policies Overview The following nancial policy statements guide the daily operations of the Village of Key Biscayne. These policies dene objectives, establish rules with parameters, and express guidelines for scal 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 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. • The budget will provide for adequate maintenance of capital assets and equipment and for their orderly replacement. Capital Improvement Policies • The Village will annually update its six (6) year Capital Improvements Plan, including the budget year and the subsequent ve program years. • The Village will enact an annual capital budget based on the multi-year Capital Improvement Plan. • A capital project is a project that adds to, helps maintain, or improves a Village asset with an anticipated cost equal to or exceeding fty thousand dollars ($50,000) or with an anticipated useful life equal to or exceeding seven (7) years. This denition includes, but is not limited to, capital projects undertaken for the following purposes: o Construction of a new facility (i.e., a public building, roadways, recreational facilities) o Addition, renovation, or expansion of an existing facility. o Nonrecurring major repair or rehabilitation of all or a part of an asset, facility or its grounds, or equipment. o Non-routine purchase or replacement of major equipment. o Planning, feasibility, engineering, or design study related to an individual capital improvements project or to a program that is implemented through individual capital improvement projects. o Planning, feasibility, engineering, or design study with a cost equal to or exceeding $50,000 or more that is directly related to a project on the capital improvements program. o Any acquisition of land for a public purpose. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 29 • The Village will develop the capital improvement budget in conjunction with 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 nancing 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 projects: o Legality o Equity o Effectiveness o Acceptability o Affordability o Ease of Administration o Efciency • 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 to the Village Council for approval. • The Village will determine the least costly nancing method for all new projects. Debt Management Policies • The total principal 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 certied to the Village by the Dade County Property Appraiser, for the current scal year; or o That amount which would require annual principal and interest payments on Debt during any scal year to exceed 15 percent of general fund expenditures for the previous full scal year. • The Village will conne long-term borrowing to capital improvements or major projects that cannot be nanced from current revenues or fund balances while preserving the desired fund balance. • When the Village nances 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 nal maturity of general obligation bonds at, or below, thirty (30) years. • Whenever feasible, the Village will use current revenues, or other selfsupporting bonds instead of general obligation bonds. • The Village will not use long-term debt for current operations. • The Village will maintain consistent communications with bond rating agencies regarding its nancial condition. • The Village will strive to maintain or improve our bond rating. The Village will follow a policy of full disclosure on every nancial report and borrowing prospectus. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 30 Revenue Policies • The Village strives to maintain a diversied and stable revenue system to shelter it from unforeseeable short-run uctuations 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 reexamined annually. • The Village will develop a long-term revenue projection system that considers 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 ination 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 rst addressing safety and liquidity concerns. • The Village of Key Biscayne will conduct a cash ow 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, where 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 scal 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 scal 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 scal year. • The Village will prioritize the use of most restrictive fund balances sources rst before using new revenues or unrestricted fund balances. • The appropriations of any approved or budgeted capital project not completed by the end of the scal year shall be carried forward to the next scal year. Purchase orders will lapse at scal year-end and be re-encumbered at the beginning of the next year for operational expenses not incurred by the last day of the scal year. • The Village of Key Biscayne shall comply with GASB (Government Accounting Standards Board) Statement 54 and successor statements regarding the Fund Balance. Fund Balance will be classied as follows: Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 31 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 specic purposes stipulated by external resource providers (grant providers) constitutionally or through enabling legislation that creates a new revenue source and restricts its use). Restrictions may be changed or lifted only with the consent of resource providers. o Committed fund balances include amounts that can be used only for the specic purposes determined by a formal action of decisionmaking authority. Commitments may be changed or lifted only by Village Council taking the same formal action that imposed the constraint originally. Committed fund balance shall include encumbrances outstanding at year end. o Assigned fund balance comprises amounts intended to be used by the government for specic purposes. Intent can be expressed by the governing body or by an ofcial 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. o Unassigned fund balance is the residual classication for the General Fund and includes all amounts not contained in other classications. Unassigned amounts are technically available for any purpose. If another governmental fund has a fund balance decit, then it will be reported as a negative amount in the unassigned classication 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 nancial system will be maintained in conformity with generally accepted accounting principles. The Village will strive to obtain and retain the Certicate of Achievement of the Government Finance Ofcers Association. • Regular monthly and annual nancial reports will present a summary of nancial activity by major types of funds. • Wherever possible, the reporting system will provide monthly information on the total cost of specic services by type of expenditure and, if necessary, by fund. • An independent public accounting rm selected by the Village Council will perform an annual audit and will publicly issue a nancial 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 of more than 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 o Improvements o Furniture, Fixtures, & Equipment Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 32 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 dened 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 indenite life. o Projects under construction are not subject to depreciation until the project 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 be 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 denition and capital expenditures that extend the life of the asset will be classied as capital assets. • Estimated Useful Assets Life: The estimated useful lives of the assets are based on Village experience and established projections reected in the ve-year capital plan. The useful life will be used when determining depreciation expense. The useful lives are: o Land – indenite o Rights-of-Way – indenite o Buildings – 25-50 years o Building Improvements – 30 years o Equipment: ▪ Boats – 10 years ▪ Trucks – 7years ▪ Cars – 5 years ▪ Furniture – 5 Years ▪ Ofce Equipment – 5 years ▪ Computer software – 5 years o Infrastructure: ▪ Roads – 25 years ▪ Stormwater system – 50 years ▪ Sidewalks – 20 years • Six-Year Capital Improvements Plan o The Village prepares a Six-Year Capital Improvements Plan that consists of a Budget-Year component and a ve-year capital improvements program to project the capital requirements for the Village. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 33 • 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 govern the purchasing policy of the Village. Items covered by this policy include: o Materials o Supplies o Equipment o Improvements o Services • Budget Limitations: The Village Manager and Directors may only purchase or contract 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. However, shopping for the best price/value is encouraged regardless of the 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 purchase specication and to solicit quotes from at least three (3) vendors in the industry. At this range, a 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 Ofcer, and Village Manager. • Purchases of $50,000 and greater require Village Council approval and must comply 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 when competitive bidding is required, the Village Manager directs the following: o Bid proposals, including specications, are prepared. o Sealed bids shall be solicited from three persons or rms 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 three quotes or engage in a formal competitive bidding process Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 34 o Fill out the requisition form and submit it to the Village Manager for approval and subsequent issue of a purchase order o The requisition form is then routed for approval to the Department Director, the Chief Financial Ofcer, 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 memorandum written to the Village Manager that describes the circumstances of the emergency, the actions taken to address it, a reason why normal purchasing procedures cannot be followed, the cost of the purchase, and quotations, if any, solicited from vendors. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 35 Budget Practices & Cost Drivers 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 2023, the CPI was 9.0%, thus resulting in a 4.0% COLA for FY 24. Merits, Step Increases, Longevity Merit increases are budgeted at a 4% increase based on the maximum score achievable on the annual performance evaluation up to the salary maximum for the position. Sworn Police Ofcers and Fireghters are budgeted at 5% step increase based on their CBA Agreements up to their maximum salary range. Longevity bonuses are budgeted at 4% lump sum bonus for all administrative employees based on the maximum score achievable on the annual performance evaluation, having completed 15 years of service to the Village, and not having reached the maximum salary for their position. Sworn Police Ofcers and Fireghters are budgeted at 5% longevity step increase based upon the completion of 15 and 20 years of service based on their CBA Agreements. Retirement Contributions All sworn police ofcers and reghters are required to participate in the Police and Fireghter’s Dened Benet 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 FY24 is based on the 10/01/2022 actuarial valuation report and is 14.48% and 10.02% of covered payroll for Fire and Police employees, respectively. Sworn Police Ofcers and Fireghters who enter the Deferred Retirement Option Plan (DROP) have their pension benets 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 ve 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 ofcer when they separate from employment. The Village offers a 401(a) Money Purchase Plan to its qualied 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%. Cost Allocations The following expenses are allocated to departments based on their use of the shared resources. •IT Expenses (allocated based on Network Users, Phone Counts, User Accounts, or directly allocated to one department where applicable). Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 36 o Telecommunications o Audio-Visual o End-User Software o Backend Maintenance o Security o Hardware o Equipment Leases o Village-wide IT expenses increased by 21% due to enhanced back & front-end security applications and software, purchase of software supporting public records requests, strategic planning efforts and digitalization of records.  Costs also incorporate an increase in standard hardware equipment such as laptops and desktops. • Property and Liability Insurance (allocated based on square footage, vehicle values, employee count) Communications  o Village-wide insurance increased 53%, primarily driven by the 134% increase in property insurance due to higher building valuations and the insurance market being impacted by losses during Hurricane Ian. • Utilities (allocated based on specic electric and water meters). o Utilities have increased 9% based on FPL & WASD rate projections based on the Village's uses. • Janitorial expenses (allocated based on square footage, hours of service, specic activities). o Janitorial expenses have increased 5% based on a newly signed contract after the competitive bidding process was completed. The service is primarily driven by labor rates, which have increased since the previous contract. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 37 Revenues 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, ination, general economic growth/decline projections, and the Florid Department of Revenue’s Ofce of Tax Research estimates. The main revenue category for the Village continues to be Ad-Valorem Tax which is projected to increase by 8.7% and accounts for 72% of all revenues in the General Fund. Ad-Valorem Millage Rate Key Biscayne has the lowest over lapping (total) millage rate among the thirty-ve municipalities in Miami-Dade County. Since its rst 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. Proposed Millage Rate Florida law requires municipalities to budget at minimum 95% of ad-valorem taxes which accounts for the 4% discount property owners receive 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 1 roll that is used for budget.st Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 38 Assessed Value History Property Demographics Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 39 Amendment 10 is a benet 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 on January 1, 2019 but was approved by more than 60% of Florida voters on November 6, 2018. Utility Taxes Section 166.231(A), Florida Statutes, authorizes the Village to collect Utility Taxes. 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. In June, the Florida Public Service Commission approved a $359 million reduction to Florida Power & Light Company (FPL)fuel costs. The bill reduction goes into effect from July 2023 to December 2023 with an approximate 2.8% reduction in a customer’s monthly bill. 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 show taxes on their customer’s bill and the taxes must be identied 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”. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 40 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 at 6% is double the previous agreement with Miami-Dade County when the rate was 3%. Licenses & Permits This category includes Business Tax Receipts, re inspections, and other miscellaneous permits provided by the Village. The Village’s adopted a new re inspection permit fee schedule in 2022 which will more accurately reect a revenue neutral fee schedule and generate an adequate fee to cover the costs of providing the service. 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 Florida 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 signicant 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 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 41 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 gures, 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 Chapter 185: Gross premium tax receipts of 0.85% on all casualty insurance premiums Limitation on Chapter 175 disbursements:, any municipality or special re control district participating in the reghters’ 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 re control district receiving less than 6 percent of its re 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 re 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 gure, that is the amount the plan will received. Intergovernmental – Fireghters’ Supplemental Compensation Trust Fund Additional state shared revenue comes from the Department of Revenue Fireghters’ 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 reghters who attain higher educational opportunities that directly relate to the improvement of the health and safety of the reghters and the citizens they protect. Service Charges Service Charges are comprised of Community Center membership and activity fees, sports programs, re rescue transport fees, and other miscellaneous services the Village provides. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 42 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 nes for building, re code, and property violations. Interest Income The Village must adhere to its investment policy which optimizes investment returns only after rst addressing safety and liquidity concerns. Due to the Federal Reserve raising interest rates in 2022 & 2023, the Village expects higher interest rates to continue into FY24 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 43 Reserves It is essential that governments maintain adequate levels of fund balance to mitigate current and future risks such as emergencies or other unanticipated expenditures and revenue shortfalls. Fund balance levels are also a crucial consideration in long term nancial planning. To that end, the Government Finance Ofcers Association (GFOA) recommends that governments establish a formal policy on the level of unassigned fund balance that should be maintained in the general fund. In the  (“GFOA”) best practice publication titled “Determining the Appropriate Level of Unrestricted Fund Balance in the General Fund”, it recommends at a minimum, that general purpose governments, regardless of size, maintain unrestricted fund balance in their general fund of no less than two (2) months (16.67%) of regular general fund operating revenues or regular general fund operating expenditures. The GFOA recommends that in establishing a policy, a government should consider the following factors: The predictability of revenues and volatility of expenditures; Exposure to signicant one-time outlays (e.g. disasters, immediate capital needs, state budget cuts); Potential drain upon general fund resources from other funds (such as enterprise funds) Liquidity needs Prior commitments or assignments Based on the Village's geographic location, the exposure to signicant one-time outlays as a result of potential natural disaster makes a case for a higher unrestricted fund balance reserve policy, even higher than the 16.67% recommended by the GFOA. Since there are often delays in the timing of funding from FEMA for clean-up efforts after a natural disaster, we recommend a reserve policy of 40% and a committed emergency fund of 10% of general fund operating expenditures. Fund balances will be invested to exploit higher than usual interest rates and help maintain our strong credit rating for future borrowing. Increasing liquidity for economic functions, emergencies, and unexpected expenses.   Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 44 DEPARTMENTS Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 45 Overview Mission Statement: "To Provide a Safe, Quality Community Environment for all Islanders through responsible Government" Within the Village of Key Biscayne, municipal services are administered by the following departments : Village Council Ofce of the Village Clerk Village Attorney Police Department Fire Rescue Building, Zoning and Planning Parks and Recreation (includes Community Center and Athletics) Public Works Administration Each department is responsible for carrying out specic functions and providing services to the local community. All Village departments are headed by a Director who oversees the budget, planning, operations and activities within their respective departments.   Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 46 Village Council Mission Statement: "To Provide a Safe, Quality Community Environment for all Islanders through responsible Government" Purpose Statement The Village Council, as the legislative body of the Village, determines public policy and budget to meet community needs. Functional Responsibilities The Village Council appoints the Village Manager who is responsible for the administration of policy and managing the Village's departments and services; they also appoint the Village Clerk and Village Attorney. The Council interacts with the Administration to: Review and approve the annual budget (s) Approve long- and short-term objectives and priorities Establish tax rates Create and approve policies Pass ordinances and resolutions Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 47 Village Council Expenditures Summary 65,984 $6,500 (10.93% vs. prior year) Village Council Proposed and Historical Budget vs. Actual Actual Budgeted FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 0 50k 100k 150k 200k Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 48 Village Council Expenditures by Expense Type Budgeted and Historical Expenditures by Expense Type Millions Operating Expenses FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $0.05 $0.1 $0.15 $0.2 Expense Objects Operating Expenses PROFESSIONAL SERVICES - STATE LOBBYIST $22,917 $0 $0 $0 $0 0% TRAVEL & PER DIEM $215 $4,302 $9,000 $7,929 $15,000 66.7% PRINTING & BINDING $297 $384 $1,000 $431 $1,000 0% EDUCATION ADVISORY BOARD $0 $0 $36,500 $0 $36,500 0% OFFICE SUPPLIES $539 $0 $0 $0 $0 0% OPERATING SUPPLIES $16,262 $8,964 $9,500 $17,165 $10,000 5.3% IT EQUIPMENT <5000 AND SOFTWARE $398 $0 $0 $335 $0 0% SUBSCRIPTIONS & MEMBERSHIP DUES $2,820 $1,932 $3,484 $4,066 $3,484 0% EDUCATION ADVISORY BOARD $0 $25,718 $0 $0 $0 0% VISION BOARD $42,480 $119,742 $0 $0 $0 0% Total Operating Expenses:$85,928 $161,042 $59,484 $29,926 $65,984 10.9% Total Expense Objects:$85,928 $161,042 $59,484 $29,926 $65,984 10.9% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 49 Ofce of the Village Clerk Mission Statement: "To Provide a Safe, Quality Community Environment for all Islanders through responsible Government" Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 50 Purpose Statement 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 ofcial records. Functional Responsibilities  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 is the primary point of contact for all Public Records Requests while providing notary services and administering oaths of ofce to Village ofcials.  The Clerk serves as the 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 Achievements and Highlights  Improved public records request process Updated and improved election and lobbying website pages Increased opportunities to serve as liaison between Village staff and Councilmembers Develop and maintained closed captioning service for public meetings Implemented a timely and efcient process for the production and delivery of the monthly Council Meeting agenda books Fiscal Year 24 Goal Based Actions Continuous Improvement of the Public Records request process Streamline the production and delivery of the monthly Council Meeting agenda books Increase visibility of processes and procedures via the Clerk's page on the Village website How We Measure Success Timely and accuracy of public records request responses Timely entry of records to Laserche Timely updates to Municode Timely publications of agenda Timely notice of public meeting/hearing announcements Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 51 Personnel Chart Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 52 Village Clerk Expenditures Summary 460,096 $49,509 (12.06% vs. prior year) Ofce of the Village Clerk Proposed and Historical Budget vs. Actual Actual Budgeted FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 0 100k 200k 300k 400k 500k Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 53 Village Clerk Expenditures by Expense Type Budgeted and Historical Expenditures by Expense Type Millions Capital Outlay Operating Expenses Personnel Services FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $0.1 $0.2 $0.3 $0.4 $0.5 Expense Objects Personnel Services SALARIES AND WAGES $144,198 $153,530 $169,000 $138,646 $181,208 7.2% OVERTIME $0 $90 $0 $146 $1,000 N/A CELL PHONE/ CAR ALLOWANCE $0 $6,308 $6,000 $5,192 $6,000 0% VACATION EXCESS $0 $2,249 $7,000 $3,030 $7,000 0% COMPENSATED ABSENCES $2,179 $0 $0 $0 $0 0% PAYROLL TAXES $10,594 $11,471 $14,000 $11,096 $15,000 7.1% RETIREMENT CONTRIBUTIONS $13,248 $16,399 $21,000 $16,707 $21,000 0% LIFE, HEALTH, DISABILITY INSURANCE $15,595 $22,414 $22,000 $19,435 $23,000 4.5% WORKERS COMPENSATION $262 $210 $200 $199 $200 0% SUNPASS $0 $0 $0 $0 $120 N/A Total Personnel Services:$186,076 $212,670 $239,200 $194,451 $254,528 6.4% Operating Expenses PROFESSIONAL SERVICES - RECRUITING & HIRING $16,969 $0 $0 $0 $0 0% CONTRACT SERVICES - CUSTODIAL SERVICES $8,676 $3,877 $5,190 $4,188 $5,639 8.7% TRAVEL & PER DIEM $2,022 $4,391 $5,928 $2,545 $8,000 35% COMMUNICATIONS $8,397 $7,000 $1,989 $6,603 $10,320 418.9% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 54 SOCIAL MEDIA $0 $0 $11,514 $9,500 $0 -100% POSTAGE & FREIGHT $449 $760 $500 $579 $500 0% UTILITIES $6,158 $6,995 $8,160 $5,205 $8,073 -1.1% RENTALS & LEASES $5,208 $6,058 $4,350 $4,500 $4,862 11.8% PROPERTY & LIABILITY INSURANCE $8,109 $8,038 $8,269 $8,403 $14,037 69.8% REPAIRS & MAINTENANCE - VILLAGE HALL $2,060 $5,475 $4,710 $1,500 $4,710 0% PRINTING & BINDING $3,100 $641 $2,500 $195 $2,500 0% OTHER CURRENT CHARGES $0 $0 $0 $28,108 $0 0% CURRENT CHARGES - ORDINANCE CODIFICATION $8,715 $3,260 $10,000 $0 $10,000 0% ELECTION EXPENSE $4,603 $4,389 $9,750 $24,102 $9,750 0% CURRENT CHARGES - LEGAL ADVERTISING $49,045 $11,368 $20,000 $22,653 $21,000 5% CURRENT CHARGES - VIDEO STREAMING $5,415 $0 $0 $0 $0 0% ELECTION ADVERTISING $2,915 $0 $0 $0 $0 0% OFFICE SUPPLIES $8,856 $10,615 $5,000 $8,216 $6,000 20% OPERATING SUPPLIES - VIDEO & FILMING $629 $0 $0 $0 $0 0% IT EQUIPMENT <5000 AND SOFTWARE $5,585 $17,151 $37,883 $49,233 $62,432 64.8% IT EQUIPM <5000 - VIDEO STREAMING $11,705 $22,169 $26,050 $15,252 $28,050 7.7% SUBSCRIPTIONS & MEMBERSHIPS $3,564 $14,878 $4,594 $1,333 $4,695 2.2% TRAINING $2,350 $1,415 $5,000 $75 $5,000 0% Total Operating Expenses:$164,530 $128,478 $171,387 $192,190 $205,568 19.9% Capital Outlay CAPITAL OUTLAY $4,999 $0 $0 $0 $0 0% Total Capital Outlay:$4,999 $0 $0 $0 $0 0% Total Expense Objects:$355,605 $341,148 $410,587 $386,641 $460,096 12.1% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 55 Village Attorney Mission Statement: "To Provide a Safe, Quality Community Environment for all Islanders through responsible Government" Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 56 Purpose Statement Provide legal advice and services to the Village. Functional Responsibilities  The Village of Key Biscayne receives legal services under contract with the law rm of Weiss, Serota, Helfman, Cole & Bierman, P.L.The Village Attorney is appointed directly by the Village Council. As the Village’s legal counsel, the Attorney is committed to serving the public of Key Biscayne by providing legal advice to the Village Council and Village Staff. Some of the areas where services and advice are received include: Personnel matters Land use & zoning matters Sunshine Law Drafting and/or review of contracts Stormwater utility Real estate and related matters Construction Law and related matters Public Records Law State and National Legislative matters Prior Year Achievements and Highlights  Drafted 15 ordinances and 69 resolutions Handled election related issues Developed agreements for the purchase of goods and services Assisted in drafting and reviewing State and County legislation impacting the Village Attended labor negotiations and assisted in drafting Collective Bargaining Agreements Provided high quality, cost-efcient, and timely day-to-day legal counsel Fiscal Year 24 Goal Based Actions Provide the Village with legal advice and service 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 Work with Administration to standardize forms and procedures to reduce the necessity for legal work and associated costs How We Measure Success Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 57 Response times to requests Knowledge of the Village Code and Charter Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 58 Village Attorney Expenditures Summary 598,000 $0 (0.00% vs. prior year) Village Attorney Proposed and Historical Budget vs. Actual Actual Budgeted FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 0 100k 200k 300k 400k 500k 600k 700k Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 59 Village Attorney Expenditures by Expense Type Budgeted and Historical Expenditures by Expense Type Millions Operating Expenses FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $0.1 $0.2 $0.3 $0.4 $0.5 $0.6 $0.7 Expense Objects Operating Expenses LEGAL COUNSEL - GENERAL $328,453 $286,319 $308,000 $256,748 $308,000 0% LEGAL COUNSEL - LAWSUITS $129,857 $44,337 $100,000 $0 $100,000 0% LEGAL COUNSEL - LABOR RELATIONS $35,887 $10,195 $60,000 $34,525 $60,000 0% LEGAL COUNSEL- UNDERGROUND UTILITIES $420 $0 $50,000 $0 $50,000 0% LEGAL COUNSEL - BOND COUNSEL $7,986 $563 $15,000 $0 $15,000 0% SPECIAL PROJECTS $3,160 $24,000 $40,000 $0 $40,000 0% LEGAL COUNSEL - LITIGATION $0 $0 $25,000 $0 $25,000 0% Total Operating Expenses:$505,763 $365,413 $598,000 $291,273 $598,000 0% Total Expense Objects:$505,763 $365,413 $598,000 $291,273 $598,000 0% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 60 Police Department Mission Statement: "To Provide a Safe, Quality Community Environment for all Islanders through responsible Government" Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 61 Purpose Statement The Key Biscayne Police Department (KBPD) is dedicated to partnering with the Village community while maintaining a safe and secure environment. This is accomplished by providing courteous, competent and effective delivery of law enforcement services in a fair and impartial manner. Functional Responsibilities KBPD is committed to providing law enforcement, trafc control and enforcement, crime prevention, and investigative services while remaining committed to community and youth engagement to achieve the agency’s mission. Prior Year Achievements and Highlights Named 2 safest city in Florida Deployed VRO Program and hosted over 75 public outreach events Launched Security Camera Program: System, LPR, Village Green and Beach Park Cameras Improved Motorized Scooters and Electric Bicycle Regulations and Safety Enhanced Leadership and Technical Skill Training Fiscal Year 24 Goal Based Actions Increase Police Presence, Engagement, and Effectiveness Enhance School Resource and Village Resource Ofcer Programs Enforce Multimodal and Maritime Trafc Safety Install Security Cameras: Beach Access Paths, Additional LPR’s, Parks, and Access Control Achieve Top 5 Safest Municipalities How We Measure Success Criminal investigation case clearance rate Ofcer response time to priority one calls Number of calls for police service Increase and enhance community engagement Reduction in number of stolen cars / recovery rate Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 62 Improve motorized scooter and electric bikes safety Trafc control / citations Crime rate Sense of security Public satisfaction Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 63 Personnel Chart Police Department Expenditures Summary 9,802,655 $580,934 (6.30% vs. prior year) Police Department Proposed and Historical Budget vs. Actual Actual Budgeted FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 0 10M 2.5M 5M 7.5M 12.5M Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 64 Police Department Expenditures by Expense Type Budgeted and Historical Expenditures by Expense Type Millions Capital Outlay Operating Expenses Personnel Services FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $2 $4 $6 $8 $10 $12 Expense Objects Personnel Services SALARIES AND WAGES $4,057,915 $4,157,686 $4,755,000 $3,893,832 $5,185,971 9.1% OVERTIME $441,277 $240,770 $367,000 $246,633 $444,181 21% POLICE OT IN LIEU OF KELLY (ADP 16)$44,350 $45,362 $0 $40,363 $57,819 N/A OTHER PAY- LONGEVITY BONUSES $27,306 $22,281 $18,000 $10,820 $12,000 -33.3% UNIFORMS ALLOWANCE $0 $35,000 $27,000 $12,600 $27,000 0% VACATION EXCESS $224,568 $162,359 $192,000 $200,693 $209,000 8.9% OTHER PAY - HOLIDAY PAY $97,343 $100,917 $81,000 $86,149 $81,000 0% OTHER PAY - OFF DUTY -$1,935 -$3,370 $10,000 $6,151 $10,000 0% OTHER PAY - INCENTIVE PAY $20,230 $21,140 $25,000 $10,990 $24,000 -4% OTHER PAY - ACTING PAY $7,141 $9,106 $5,000 $7,809 $12,000 140% SICK PAID $32,000 $0 $0 $10,833 $0 0% COMPENSATED ABSENCES $318,047 $156,867 $44,000 $15,832 $35,000 -20.5% PAYROLL TAXES $376,818 $361,920 $416,000 $347,080 $418,000 0.5% RETIREMENT CONTRIBUTIONS $650,276 $503,760 $634,000 $525,412 $502,000 -20.8% RETIREMENT CONTRIBUTION CHPT 175/185 $0 $264,391 $264,391 $0 $208,425 -21.2% LIFE, HEALTH, DISABILITY INSURANCE $423,722 $513,536 $594,000 $477,787 $602,000 1.3% WORKERS COMPENSATION $98,102 $85,904 $83,000 $82,004 $94,000 13.3% SUNPASS $0 $0 $0 $0 $600 N/A Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 65 Total Personnel Services:$6,817,160 $6,677,628 $7,515,391 $5,974,987 $7,922,996 5.4% Operating Expenses PROF SERVICES- RECRUITING/HIRING $34,573 $18,774 $27,150 $8,079 $27,150 0% TECHNICAL SERVICES $0 $33,518 $10,000 $0 $20,000 100% ACTUARIAL $4,950 $0 $0 $0 $0 0% CONTRACT SERVICES - CUSTODIAL SERVICES $50,172 $35,992 $35,086 $28,347 $38,116 8.6% CROSSING GUARD PROGRAM $205,586 $252,743 $226,195 $206,216 $245,000 8.3% INVESTIGATION EXPENSE $3,012 $1,157 $2,000 $130 $2,000 0% TRAVEL & PER DIEM $6,192 $21,116 $83,132 $21,085 $99,830 20.1% COMMUNICATIONS $73,255 $65,600 $85,325 $46,431 $114,170 33.8% POSTAGE & FREIGHT $904 $1,402 $1,604 $1,318 $1,804 12.5% UTILITIES $36,186 $49,985 $55,632 $35,474 $58,037 4.3% RENTALS & LEASES $52,651 $26,138 $32,042 $26,078 $29,204 -8.9% PROPERTY & LIABILITY INSURANCE $130,690 $116,341 $131,348 $124,702 $181,747 38.4% REPAIRS & MAINT - VEHICLES $80,163 $89,125 $93,700 $85,754 $102,000 8.9% REPAIRS & MAINTENANCE - EQUIPMENT $30,417 $11,526 $21,120 $6,041 $17,620 -16.6% REPAIRS & MAINTENANCE - BOAT $17,050 $36,687 $19,320 $16,236 $19,320 0% REPAIRS & MAINTENANCE - VILLAGE HALL $42,043 $49,457 $0 $0 $0 0% PRINTING & BINDING $6,388 $10,562 $15,600 $9,703 $18,750 20.2% PROMO ACTIVITES - D.A.R.E. PROGRAM $13,057 $40,864 $34,455 $20,867 $34,455 0% OFFICE SUPPLIES $14,274 $33,535 $23,000 $17,081 $23,300 1.3% OPERATING SUPPLIES $32,203 $32,875 $23,200 $14,994 $23,200 0% IT EQUIPMENT <5000 AND SOFTWARE $179,650 $301,115 $435,751 $368,018 $463,071 6.3% OPERATING SUPPLIES - UNIFORMS $49,046 $66,833 $62,300 $30,510 $62,800 0.8% OPERATING SUPPLIES - VEHICLE FUEL $61,960 $132,939 $132,260 $74,167 $132,260 0% OPERATING SUPPLIES - EQUIPMENT $2,731 $14,735 $4,900 $1,216 $5,050 3.1% OPERATING SUPPLIES - BOAT FUEL $18,141 $12,977 $23,000 $16,124 $23,000 0% OPERATING SUPPLIES- RANGE EXPENSES $25,891 $26,176 $26,120 $20,141 $27,300 4.5% MEALS AND EVENTS $0 $0 $0 $454 $2,000 N/A SUBSCRIPTIONS & MEMBERSHIP DUES $10,165 $3,820 $10,890 $3,783 $13,170 20.9% SUBSCRIPTIONS & MEMBERSHIPS - ACCREDITATION $901 $0 $0 $0 $0 0% TRAINING $12,699 $27,478 $52,200 $27,286 $53,305 2.1% TUITION REIMBURSEMENT $4,362 $0 $9,000 $0 $12,000 33.3% IT EQUIPMENT >5000 $0 $0 $0 $0 $30,000 N/A Total Operating Expenses:$1,199,312 $1,513,470 $1,676,330 $1,210,233 $1,879,659 12.1% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 66 Capital Outlay CAPITAL OUTLAY $33,975 $56,536 $0 $9,800 $0 0% FEDERAL EXPENDITURES $10,324 $0 $0 $0 $0 0% POLICE-SERVER & FIREWALL $0 $0 $30,000 $0 $0 -100% POLICE SECURITY CAMERAS $0 $59,825 $0 $0 $0 0% BALLISTIC SHIELDS AND HELMETS $0 $0 $0 $33,205 $0 0% Total Capital Outlay:$44,299 $116,361 $30,000 $43,005 $0 -100% Total Expense Objects:$8,060,771 $8,307,459 $9,221,721 $7,228,225 $9,802,655 6.3% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 67 Fire Rescue Mission Statement: "To Provide a Safe, Quality Community Environment for all Islanders through responsible Government" Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 68 Purpose Statement Provide outstanding Fire Rescue and Emergency Medical response services to the Key Biscayne Community while mitigating risk through education, prevention, and emergency management services. Functional Responsibilities The Fire Rescue Department is a full-service, all-hazard emergency response organization staffed with highly trained reghters-paramedics. The Fire Rescue Department responds to re 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 .The department is responsible for coordinating the Village’s emergency management response and conducting community risk reduction. Prior Year Achievements & Highlights 100% inspection of all multifamily buildings 75% inspections of all commercial occupancies Updated Hurricane Response Plan Commissioned new Fire Engine Developed Fire Rescue Transition and succession plan Hired 6 new reghter paramedics and promoted 4 Lieutenants and 2 Captains Fiscal Year 24 Goal Based Actions Implement Fire Rescue Transition and Succession Plan Purchase 2 rescue trucks Execute a comprehensive Hurricane response training and exercise program Complete annual Fire Prevention inspection(s) Perform repairs to Fire Station How We Measure Success Fire Rescue response time(s) Total number of transports Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 69 Total number of incidents (EMS/Fire) Fire Prevention via Annual Inspections and Plans Reviews Customer Satisfaction scores Training hours Fire related plans review completed on time Emergency Response Plan updated Personnel Chart Fire Rescue Expenditures Summary 10,388,349 $993,049 (10.57% vs. prior year) Fire Rescue Proposed and Historical Budget vs. Actual Actual Budgeted FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 0 10M 2.5M 5M 7.5M 12.5M Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 70 Fire Rescue Expenditures by Expense Type Budgeted and Historical Expenditures by Expense Type Millions Capital Outlay Grants and Aids Operating ExpensesPersonnel Services FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $10 $2.5 $5 $7.5 $12.5 Expense Objects Personnel Services SALARIES AND WAGES $4,224,829 $4,464,185 $4,876,000 $4,079,067 $5,340,371 9.5% OVERTIME $527,790 $531,341 $484,000 $287,792 $509,000 5.2% OTHER PAY- LONGEVITY BONUSES $28,979 $4,145 $13,000 $0 $0 -100% UNIFORMS ALLOWANCE $0 $27,300 $28,000 $26,600 $28,000 0% VACATION EXCESS $84,079 $184,616 $302,000 $110,650 $168,000 -44.4% OTHER PAY - HOLIDAY PAY $15,472 $45,038 $48,000 $5,717 $48,000 0% INCENTIVE PAY EDUCATION $21,192 $22,615 $24,000 $19,745 $22,000 -8.3% OTHER PAY - ACTING PAY $19,175 $33,302 $23,000 $34,558 $35,000 52.2% SICK PAID $36,000 $0 $0 $31,959 $0 0% OTHER PAY - CON'T EDU STIP $29,042 $29,042 $32,000 $30,988 $33,000 3.1% OTHER PAY - VACATION SELL BACK (UNDER 480 HRS)$0 $0 $0 $0 $166,000 N/A COMPENSATED ABSENCES $246,556 $216,602 $133,000 $2,846 $141,000 6% PAYROLL TAXES $357,403 $371,918 $429,000 $331,475 $421,000 -1.9% RETIREMENT CONTRIBUTIONS $845,344 $397,723 $615,000 $322,128 $705,000 14.6% RETIREMENT CONTRIBUTION CHPT 175/185 $0 $326,627 $326,627 $0 $436,756 33.7% LIFE, HEALTH, DISABILITY INSURANCE $424,812 $509,370 $599,000 $496,083 $604,000 0.8% WORKERS COMPENSATION $150,778 $142,385 $159,318 $156,481 $177,000 11.1% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 71 UNEMPLOYMENT COMPENSATION $402 $0 $0 $0 $0 0% SUNPASS $0 $0 $0 $0 $2,280 N/A Total Personnel Services:$7,011,853 $7,306,210 $8,091,945 $5,936,090 $8,836,407 9.2% Operating Expenses PROFESSIONAL SERVICES - RECRUITING & HIRING $13,615 $23,360 $25,000 $28,838 $25,000 0% PROFESSIONAL SERVICES – ACCREDITATION $1,280 $1,330 $1,500 $1,370 $1,500 0% PROFESSIONAL SERVICES – TESTING FEES $16,500 $0 $20,000 $0 $20,000 0% PROFESSIONAL SERVICES – PLAN REVIEW $0 $0 $0 $0 $50,000 N/A ACTUARIAL $4,950 $0 $0 $0 $0 0% CONTRACT SERVICES - CUSTODIAL SERVICES $24,897 $42,633 $35,086 $28,347 $38,116 8.6% CONTRACT SERVICES - AUTO AID AGREEMENT $537,268 $573,144 $592,250 $477,620 $610,018 3% TRAVEL & PER DIEM $10,006 $20,378 $28,627 $18,817 $43,000 50.2% COMMUNICATIONS $47,639 $36,765 $28,742 $36,810 $49,833 73.4% POSTAGE & FREIGHT $778 $573 $500 $442 $500 0% UTILITIES $30,261 $38,883 $45,732 $54,937 $54,748 19.7% RENTALS & LEASES $7,901 $9,531 $5,749 $6,017 $3,040 -47.1% PROPERTY & LIABILITY INSURANCE $162,355 $142,257 $156,238 $150,899 $238,608 52.7% REPAIRS & MAINT - VEHICLES $10,919 $17,660 $15,000 $24,474 $20,000 33.3% REPAIRS & MAINTENANCE - FIRE RESCUE BLDG $49,583 $99,623 $15,250 $12,364 $0 -100% PRINTING & BINDING $1,176 $1,833 $2,640 $418 $2,640 0% PROMO ACTIVITES - FIRE PREVENTION $4,641 $10,498 $12,000 $8,504 $13,560 13% OTHER CURENT CHARGES $0 $0 $7,000 $0 $0 -100% SERVICE CHARGE RESCUE TRANSPORATION FEE $12,419 $15,998 $13,120 $8,964 $14,000 6.7% FIRE CANCER BILL $2,485 $0 $0 $0 $0 0% BANK CHARGES $6,040 $0 $0 $0 $0 0% OFFICE SUPPLIES $5,048 $6,376 $6,000 $5,540 $6,000 0% OPERATING SUPPLIES $44,766 $44,941 $46,884 $52,022 $112,904 140.8% IT EQUIPMENT <5000 AND SOFTWARE $64,977 $47,771 $72,469 $29,551 $98,635 36.1% OPERATING SUPPLIES - UNIFORMS $66,881 $24,408 $21,624 $8,459 $25,000 15.6% OPERATING SUPPLIES - VEHICLE FUEL $12,913 $22,186 $19,000 $12,003 $19,000 0% IT EQUIPM <5000 -SMALL TOOLS $19,377 $0 $0 $0 $0 0% MEALS & EVENTS $1,648 $0 $0 $3,324 $8,000 N/A SUBSCRIPTIONS & MEMBERSHIP DUES $15,027 $17,293 $52,598 $53,787 $32,840 -37.6% TRAINING $28,579 $17,954 $24,500 $26,369 $40,000 63.3% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 72 TUITION REIMBURSEMENTS $30,678 $23,419 $20,000 $13,769 $25,000 25% Total Operating Expenses:$1,234,607 $1,238,814 $1,267,509 $1,063,644 $1,551,942 22.4% Capital Outlay CAPITAL OUTLAY - EQUIPMENT $48,825 $23,008 $35,846 $11,988 $0 -100% Total Capital Outlay:$48,825 $23,008 $35,846 $11,988 $0 -100% Total Expense Objects:$8,295,285 $8,568,032 $9,395,300 $7,011,722 $10,388,349 10.6% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 73 Planning and Zoning Mission Statement: "To Provide a Safe, Quality Community Environment for all Islanders through responsible Government" Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 74 Purpose Statement To ensure that the community is developed in a well-balanced manner, taking into account factors such as population density, growth trends, resilience, and the community’s industries of activities. Functional Responsibilities The Zoning and Planning Division is responsible for reviewing plans for compliance of the zoning and land development regulations and providing information to residents and architects on the development potential of a property. The division makes recommendations to the Village Council regarding zoning ordinance text amendments, site plan review applications and variances, and prepares studies as directed. The division is also responsible for monitoring, interpreting and coordinating all aspects of Flood Plain Management efforts with the state of Florida. 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. The division administers the Special Magistrates Board. Staff administers the issuance of Business Tax Receipts. Prior Year Achievements and Highlights Completed and Adopted 2040 Vision Plan Ensured compliance with the 40-year certication program Issued 2,263 permits, performed 6,037 plan reviews, and conducted 7,007 inspections Planted 59 NEAT Streets Trees Awarded Tree City USA Implement Electronic Plans and Permit Review Completed Rickenbacker Causeway Concept and Launched Master Plan Improved and Enforced Construction Site Compliance Standards Fiscal Year 24 Goal Based Actions Optimize Rickenbacker Causeway and Bear Cut Bridge Improvements Tailor Zoning and Code Compliance to Support Village Goals Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 75 Fully Implement KB Clean: Monitoring of Commercial Property Improvements Improve NFIP Community Rating System from 8 to 6 Understand and Address Changes in Property & Flood Insurance Market Partner with Miami Dade Public Library to Design and Build New Branch Library How We Measure Success Building recertication statistics Business Tax Receipts issued & collected CRS/Flood Plain Management status Percent online permitting and plans review Code case clearance Total permits issued Total value of permits issued Average permit value Code compliance warnings Code compliance violations Personnel Chart Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 76 Planning and Zoning Expenditures Summary 615,806 $70,258 (12.88% vs. prior year) Building, Planning and Zoning Proposed and Historical Budget vs. Actual Actual Budgeted Over Budget FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 0 500k 1,000k 1,500k 2,000k Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 77 Planning and Zoning Expenditures by Expense Type Budgeted and Historical Expenditures by Expense Type Millions Capital Outlay Operating Expenses Personnel Services FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $0.25 $0.5 $0.75 $1 $1.25 $1.5 $1.75 Expense Objects Personnel Services SALARY ALLOCATION $0 $191,779 $89,000 $30,768 $44,000 -50.6% SALARIES AND WAGES $253,518 $268,313 $278,000 $269,435 $312,506 12.4% OVERTIME $1,181 $379 $3,000 $2,469 $3,000 0% CELL PHONE/ CAR ALLOWANCE $4,505 $6,636 $6,000 $6,917 $6,000 0% VACATION EXCESS $0 $0 $0 $1,563 $0 0% PAYROLL TAXES $20,109 $20,284 $22,000 $20,868 $24,000 9.1% RETIREMENT CONTRIBUTIONS $8,583 $22,999 $34,000 $30,429 $37,000 8.8% LIFE, HEALTH, DISABILITY INSURANCE $20,005 $30,322 $43,000 $30,919 $45,000 4.7% WORKERS COMPENSATION $953 $1,130 $3,000 $2,965 $3,000 0% UNEMPLOYMENT COMPENSATION $138 $0 $0 $0 $0 0% SUNPASS $0 $0 $0 $0 $240 N/A Total Personnel Services:$308,992 $541,843 $478,000 $396,332 $474,746 -0.7% Operating Expenses PROFESSIONAL SERVICES $36,186 $0 $31,200 $8,715 $87,500 180.4% COURT REPORTING - SPECIAL MAGISTRATES $1,248 $474 $2,000 $2,677 $4,000 100% CONTRACT SERVICES - CUSTODIAL SERVICES $2,490 $1,091 $1,459 $1,163 $1,584 8.6% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 78 TRAVEL & PER DIEM $316 $2,204 $3,340 $1,503 $4,600 37.7% COMMUNICATIONS $4,593 $3,679 $0 $3,238 $6,368 N/A POSTAGE & FREIGHT $376 $335 $1,100 $80 $1,100 0% UTILITIES $6,211 $2,998 $2,484 $1,592 $3,468 39.6% RENTALS & LEASES $397 $1,869 $495 $512 $870 75.8% PROPERTY & LIABILITY INSURANCE $3,527 $3,017 $3,437 $3,240 $5,418 57.6% REPAIRS & MAINTENANCE - VEHICLES $708 $0 $1,600 $419 $1,600 0% REPAIRS & MAINTENANCE - VILLAGE HALL $1,154 $2,822 $0 $0 $0 0% PRINTING & BINDING $502 $1,600 $3,000 $1,811 $3,000 0% OFFICE SUPPLIES $2,961 $1,567 $3,200 $2,071 $2,500 -21.9% OPERATING SUPPLIES $1,674 $1,012 $0 $0 $4,200 N/A IT EQUIPMENT <5000 AND SOFTWARE $4,211 $3,447 $9,438 $3,664 $8,757 -7.2% OPERATING SUPPLIES - UNIFORMS $1,184 $323 $1,000 $400 $0 -100% OPERATING SUPPLIES- VEHICLE FUEL $0 $0 $0 $454 $0 0% MEALS AND EVENTS $0 $0 $0 $846 $500 N/A SUBSCRIPTIONS & MEMBERSHIPS $135 $3,274 $1,795 $1,508 $1,095 -39% TRAINING $0 $1,125 $2,000 $2,011 $4,500 125% Total Operating Expenses:$67,873 $30,838 $67,548 $35,905 $141,060 108.8% Total Expense Objects:$376,865 $572,681 $545,548 $432,237 $615,806 12.9% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 79 Parks and Recreation Mission Statement: "To Provide a Safe, Quality Community Environment for all Islanders through responsible Government" Purpose Statement Provide residents of the Village of Key Biscayne with access to engaging and active facilities, programs, and events that meet the emotional, social, and physical needs of the community. Functional Responsibilities The department administers the programming, stafng, maintenance and operation of the Parks, Community Center, and Athletics divisions. This includes Cultural Events, Special Population Programming, Athletic Programs, and Community Programs and Events programming. Prior Year Achievements and Highlights Completed Paradise Park Refurbished Hampton, Lake and Beach Parks Renovated Community Center Pool Upgraded Community Center cardio equipment. Launched special needs programming and staff training program Improved Community Center landscaping Broadened Community Programs & Events Renovated the Village Green Splash Pad St. Agnes LED Field Lighting Retrot (underway) Fiscal Year 24 Goal Based Actions Improve Athletics Program and Sports Management Enhance Existing Athletic Fields & Acquire Additional Athletic Venues Maintain and Improve Access to Beach Enhance Community Center Operations, Functionality and Appearance Enhance and Diversity Community Programming Improve Parks Operations and Maintenance How We Measure Success Athletics program satisfaction survey results Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 80 Reduction of the Community Center’s budget subsidy by increased revenue generation. Increase in the number of cultural programs offered Increase the number of special needs programs offered and attendance Inclusion of a new adult athletic league to the season’s calendar Personnel Chart Parks and Recreation Expenditures Summary 2,126,824 $118,521 (5.90% vs. prior year) Parks and Recreation Proposed and Historical Budget vs. Actual Actual Budgeted FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 0 500k 1,000k 1,500k 2,000k 2,500k Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 81 Parks and Recreation Expenditures by Expense Type Budgeted and Historical Expenditures by Expense Type Millions Capital Outlay Personnel Services Operating Expenses FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $0.5 $1 $1.5 $2 $2.5 Expense Objects Personnel Services SALARY ALLOCATION $0 $71,075 -$66,000 $11,768 -$75,000 13.6% SALARIES AND WAGES $396,183 $411,912 $533,000 $385,701 $588,080 10.3% OVERTIME $0 $2,434 $4,000 $237 $4,000 0% OTHER PAY- LONGEVITY BONUSES $0 $400 $6,000 $5,250 $10,000 66.7% CELL PHONE/ CAR ALLOWANCE $3,850 $5,308 $6,000 $5,192 $6,000 0% VACATION EXCESS $0 $21,551 $38,000 $22,292 $41,000 7.9% SICK PAID $0 $0 $0 $1,569 $0 0% COMPENSATED ABSENCES $27,673 $6,831 $0 $678 $0 0% PAYROLL TAXES $24,817 $31,885 $42,000 $31,445 $46,000 9.5% RETIREMENT CONTRIBUTIONS $37,642 $40,128 $64,000 $45,654 $70,000 9.4% LIFE, HEALTH, DISABILITY INSURANCE $24,158 $39,396 $47,000 $32,652 $48,000 2.1% WORKERS COMPENSATION $1,101 $1,038 $1,000 $988 $1,000 0% SUNPASS $0 $0 $0 $0 $300 N/A Total Personnel Services:$515,424 $631,958 $675,000 $543,425 $739,380 9.5% Operating Expenses PROF SERVICES-STRATEGIC PLANNING $5,000 $36,100 $20,000 $0 $60,000 200% PROF SERVICES- RECRUITING/HIRING $4,048 $0 $0 $0 $0 0% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 82 CONTRACT SERVICES - CUSTODIAL SERVICES $0 $16,698 $19,974 $18,303 $22,152 10.9% TRAVEL & PER DIEM $1,232 $784 $1,800 $601 $5,000 177.8% COMMUNICATIONS $7,432 $8,698 $9,506 $10,398 $11,696 23% UTILITIES - FIELD LIGHTS/DOG PARK $50,288 $32,386 $75,190 $156,043 $85,937 14.3% RENTALS & LEASES $63,604 $66,785 $0 $193 $0 0% PROPERTY & LIABILTY INSURANCE $64,647 $53,803 $55,696 $56,336 $93,975 68.7% REPAIRS & MAINT - VEHICLES $8,800 $7,157 $3,500 $1,954 $4,000 14.3% REPAIRS & MAINTENANCE - FIELDS $36,786 $111,769 $147,000 $78,218 $0 -100% REPAIRS & MAINTENANCE - DOG PARK $19,157 $30,182 $33,000 $28,483 $42,000 27.3% REPAIRS & MAINTENANCE – ARTIFICIAL TURF MAINTENANCE $17,316 $28,900 $0 $0 $0 0% REPAIRS & MAINTENANCE - PARKS/PLAYGROUNDS $80,297 $90,245 $75,000 $86,439 $83,260 11% CONTRACT SERVICES - IGUANA PROGRAM $35,000 $27,700 $30,000 $17,500 $27,800 -7.3% COMMUNITY & CULTURAL EVENTS $14,833 $38,267 $0 $1,385 $35,000 N/A PROMO EVENTS - WINTERFEST $101,647 $158,510 $110,390 $62,705 $76,800 -30.4% PROMO EVENTS - ADVERTISING $1,350 $2,498 $30,000 $14,064 $30,000 0% PROMO EVENTS - NEW PROGRAMMING $7,127 $26,780 $15,000 $4,631 $0 -100% PROMO EVENT- CONCERT SERIES $1,425 $4,243 $0 $36,187 $45,000 N/A PROMO EVENTS - JULY 4TH $5,632 $150,913 $200,373 $175,211 $215,170 7.4% PROMO EVENTS- VETERAN'S & MEMORIAL DAY $0 $0 $3,000 $4,300 $5,500 83.3% PROMO EVENTS- SEASONAL HOLIDAY DECORATION $0 $0 $112,500 $106,344 $128,147 13.9% PROMO EVENTS- MOVIES ON THE GREEN $0 $0 $10,000 $3,285 $10,000 0% PROMO EVENTS - LIGHTHOUSE RUN $0 $12,000 $12,000 $15,932 $18,000 50% PROMO EVENTS- FALL FESTIVAL $0 $0 $8,000 $7,808 $8,000 0% PROMO EVENTS- EGG HUNT $0 $0 $3,000 $3,305 $3,000 0% PROMO EVENTS- DOG PARK EVENT $0 $0 $2,500 $0 $2,500 0% PROMO EVENTS- BOAT PARADE $0 $0 $2,000 $2,187 $2,500 25% PROMO EVENTS- ARTS CULTURAL AND EDUCATIONAL EVENTS $0 $0 $15,000 $9,228 $0 -100% PROMO EVENTS- SPECIAL NEEDS PROGRAMING $0 $0 $50,000 $11,704 $50,000 0% CURRENT CHARGES - SENIOR TRANSPORTATION $0 $0 $43,805 $850 $0 -100% SENIOR ACTIVITIES $40,417 $79,844 $96,000 $151,693 $139,805 45.6% KEY BISCAYNE YOUTH COUNCIL $0 $0 $0 $0 $10,000 N/A SPECIAL EVENTS - CONCOURS D'ELEGANCE $0 $1,580 $24,000 -$580 $26,400 10% SPECIAL EVENTS- YOUTH LEADERSHIP $0 $0 $18,700 $10,264 $0 -100% SPECIAL EVENTS- PIANO FESTIVAL $0 $0 $35,400 $35,912 $38,900 9.9% SPECIAL EVENTS- CITY THEATER $0 $0 $16,500 $16,500 $18,150 10% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 83 SPECIAL EVENTS- CHILDREN"S BUSINESS FAIR $0 $0 $6,000 $6,771 $6,500 8.3% SPECIAL EVENTS- KB SCOUTING $0 $0 $10,000 $0 $5,000 -50% SPECIAL EVENTS- IT TAKES A VILLAGE $0 $0 $10,000 $9,220 $0 -100% SPECIAL EVENTS- COMMUNITY HOLIDAY CELEBRATION $0 $0 $5,000 $5,000 $5,000 0% SPECIAL EVENTS - GIRL SCOUTS TROOP 2312 KEY BISCAYNE $0 $0 $0 $0 $5,000 N/A SPECIAL EVENTS - KEY BISCAYNE FILM FESTIVAL $0 $0 $0 $0 $20,000 N/A SPECIAL EVENTS - KEY BISCAYNE CLEANUP $0 $0 $0 $0 $5,000 N/A SPECIAL EVENTS - KEY BISCAYNE CHALLENGE $0 $0 $0 $0 $5,000 N/A SPECIAL EVENTS- GLOW: CULTIVATING INNER & OUTER BEAUTY $0 $0 $0 $0 $16,500 N/A OFFICE SUPPLIES $1,482 $5,824 $6,000 $5,110 $6,000 0% OPERATING SUPPLIES $2,921 $3,795 $0 $47 $0 0% IT EQUIPMENT <5000 AND SOFTWARE $6,593 $3,026 $6,219 $8,031 $7,752 24.7% OPERATING SUPPLIES - UNIFORMS $0 $238 $1,000 $24 $2,000 100% OPERATING SUPPLIES - VEHICLE FUEL $2,724 $5,245 $8,250 $5,823 $2,000 -75.8% OPERATING SUPPLIES - PROGRAMS $18,139 $16,758 $0 $54 $0 0% MEALS AND EVENTS $0 $0 $0 $1,435 $0 0% SUBSCRIPTIONS & MEMBERSHIPS $1,726 $1,058 $0 $258 $0 0% TRAINING $1,775 $605 $2,000 $1,963 $3,000 50% Total Operating Expenses:$601,398 $1,022,391 $1,333,303 $1,171,118 $1,387,444 4.1% Capital Outlay CAPITAL OUTLAY - PARK IMPROVEMENTS $5,912 $0 $0 $0 $0 0% CAPITAL OUTLAY - PROGRAM EQUIPMENT $9,446 $9,036 $0 $0 $0 0% Total Capital Outlay:$15,358 $9,036 $0 $0 $0 0% Total Expense Objects:$1,132,180 $1,663,385 $2,008,303 $1,714,544 $2,126,824 5.9% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 84 Community Center Mission Statement: "To Provide a Safe, Quality Community Environment for all Islanders through responsible Government" Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 85 Purpose Statement The Village of Key Biscayne Community Center (KBCC) has been a vital part of the community since it opened its doors on October 30, 2004. The KBCC Division offers an array of programs and activities to keep Key Biscayne residents of all ages physically active, mentally stimulated, and socially connected. Functional Responsibilities The KBCC is a 2-story, 43,000 square foot facility that serves as a Fitness Center, Youth Center, Senior Center, and Cultural Arts Center. The space features an outdoor 25-meter Swimming Pool, Basketball Gymnasium, Indoor Playground, cardio and strength training equipment, underground parking garage, among many other amenities. The Division operates 361 days per year thanks to a dedicated team of 44 part-time and 6 full- time public servants. Prior Year Achievements and Highlights Renovated Community Center Pool Upgraded Community Center cardio equipment Upgraded Community Center lighting throughout the facility to LED Launched special needs programming and staff training program Improved Community Center Landscaping Broadened Community Programs & Events Fiscal Year 24 Goal Based Actions Enhance Community Center Operations, Functionality and Appearance Enhance and Diversity Community Programming How We Measure Success Reduction of the Community Center’s budget subsidy by increased revenue generation. Increase the number of special needs programs offered and attendance. Number of Participants in Programs Community Events and Attendance Number of Community led Programs and Events Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 86 Personnel Chart Community Center Expenditures Summary 3,152,112 $132,128 (4.38% vs. prior year) Community Center Proposed and Historical Budget vs. Actual Actual Budgeted FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 0 500k 1,000k 1,500k 2,000k 2,500k 3,000k 3,500k Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 87 Community Center Expenditures by Expense Type Budgeted and Historical Expenditures by Expense Type Millions Capital Outlay Personnel Services Operating Expenses FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $0.5 $1 $1.5 $2 $2.5 $3 $3.5 Expense Objects Personnel Services SALARIES AND WAGES $517,769 $809,905 $1,054,000 $813,156 $1,043,353 -1% OVERTIME $69 $3,367 $12,000 $1,126 $12,000 0% OTHER PAY-LONGEVITY BONUSES $6,452 $4,451 $8,000 $0 $0 -100% CELL PHONE/ CAR ALLOWANCE $0 $23 $0 $1,038 $0 0% VACATION EXCESS $0 $16,476 $15,000 $9,935 $18,000 20% COMPENSATED ABSENCES $13,829 $8,242 $0 $2,673 $0 0% PAYROLL TAXES $38,443 $63,338 $84,000 $64,267 $81,000 -3.6% RETIREMENT CONTRIBUTIONS $40,218 $37,005 $46,000 $39,537 $58,000 26.1% LIFE, HEALTH, DISABILITY INSURANCE $50,339 $64,011 $81,000 $62,462 $123,000 51.9% WORKERS COMPENSATION $21,789 $19,051 $23,000 $22,725 $18,000 -21.7% UNEMPLOYMENT COMPENSATION $23,310 $1,473 $0 $0 $0 0% SUNPASS $0 $0 $0 $0 $1,380 N/A Total Personnel Services:$712,218 $1,027,342 $1,323,000 $1,016,919 $1,354,733 2.4% Operating Expenses PROGRAM REVENUE SHARES $366,758 $870,681 $956,250 $654,742 $956,250 0% CONTRACT SERVICES - CUSTODIAL SERVICES $251,235 $255,903 $298,734 $261,909 $309,175 3.5% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 88 TRAVEL & PER DIEM $1,272 $1,956 $0 $0 $0 0% COMMUNICATIONS $27,027 $21,634 $27,816 $19,887 $13,231 -52.4% POSTAGE & FREIGHT $3,066 $3,945 $1,800 $2,656 $2,400 33.3% UTILITIES $86,574 $123,620 $125,600 $135,510 $136,398 8.6% RENTAL & LEASES $11,595 $17,645 $14,511 $15,427 $14,800 2% PROPERTY & LIABILITY INSURANCE $80,383 $68,789 $70,948 $71,870 $114,803 61.8% REPAIRS & MAINTENANCE - COMM CENTER $197,079 $215,426 $23,700 $0 $32,100 35.4% ADVERTISING $2,549 $11,826 $0 $0 $0 0% CREDIT CARD FEES $11,107 $57,359 $59,800 $49,289 $59,800 0% OFFICE SUPPLIES $7,334 $9,913 $6,000 $6,786 $6,000 0% OPERATING SUPPLIES $55,831 $49,691 $81,000 $70,142 $91,000 12.3% IT EQUIPMENT <5000 AND SOFTWARE $33,821 $37,611 $30,825 $37,558 $61,422 99.3% OPERATING SUPPLIES - UNIFORMS $2,511 $1,286 $0 $0 $0 0% MEALS AND EVENTS $0 $0 $0 $149 $0 0% SUBSCRIPTIONS & MEMBERSHIP DUES $3,397 $1,459 $0 $406 $0 0% Total Operating Expenses:$1,141,539 $1,748,744 $1,696,984 $1,326,331 $1,797,379 5.9% Capital Outlay EQUIPMENT $31,058 $0 $0 $0 $0 0% Total Capital Outlay:$31,058 $0 $0 $0 $0 0% Total Expense Objects:$1,884,815 $2,776,086 $3,019,984 $2,343,250 $3,152,112 4.4% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 89 Athletics Mission Statement: "To Provide a Safe, Quality Community Environment for all Islanders through responsible Government" Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 90 Purpose Statement The Athletics Division creates opportunities for Key Biscayne residents of all ages to participate in high-quality athletics programs. 1,994 children participated in our youth sports this past year, exceeding all prior year registration totals. The Division is staffed by 4 part-time and 1 full-time public servant. Functional Responsibilities The Athletics Division operates directly or oversees contracts for the following sports: Baseball Basketball Field Hockey Flag Football Lacrosse Rugby Soccer for Youth & Adults Softball Track & Field Volleyball Prior Year Achievements and Highlights Completed the procurement process resulting in the selection of a new athletics elds and parks maintenance provider. Introduced new basketball league operator Miami Hoop School St. Agnes LED Field Lighting (underway) Conducted an athletic program community workshop Fiscal Year 24 Goal Based Actions Improve Athletics Program and Sports Management Implement Athletic Program Usage Fee Execute Season Modications to Achieve Better Program Performance Complete Soccer Program Management RFP Process Maintain Existing Athletic Fields & Acquire Additional Athletic Venues Increase Athletic Programming for Adults How We Measure Success Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 91 Athletics program satisfaction survey results Inclusion of a new adult athletic league to the season’s calendar Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 92 Personnel Chart Athletics Expenditures Summary 1,176,174 $175,690 (17.56% vs. prior year) Athletics Proposed and Historical Budget vs. Actual Actual Budgeted FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 0 250k 500k 750k 1,000k 1,250k Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 93 Athletics Expenditures by Expense Type Budgeted and Historical Expenditures by Expense Type Millions Capital OutlayGrants and Aids Personnel ServicesOperating Expenses FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $0.25 $0.5 $0.75 $1 $1.25 Expense Objects Personnel Services SALARY ALLOCATION $0 -$71,075 $66,000 -$11,768 $75,000 13.6% SALARIES AND WAGES $108,235 $198,356 $107,000 $166,445 $111,591 4.3% SALARIES-OVERTIME $288 $3,458 $0 $2,642 $2,000 N/A OTHER PAY-LONGEVITY BONUSES $0 $200 $0 $0 $0 0% VACATION PAID $0 $7,260 $0 $3,633 $0 0% COMPENSATED ABSENCES $15,593 $707 $0 $844 $0 0% PAYROLL TAXES $13,508 $15,646 $9,000 $13,652 $9,000 0% RETIREMENT CONTRIBUTIONS $17,088 $16,474 $6,000 $13,434 $6,000 0% LIFE, HEALTH, DISABILITY INSURANCE $5,241 $12,272 $8,000 $14,157 $8,000 0% WORKERS COMPENSATION $2,557 $2,134 $3,000 $2,965 $3,000 0% SUNPASS $0 $0 $0 $0 $960 N/A Total Personnel Services:$162,510 $185,432 $199,000 $206,003 $215,551 8.3% Operating Expenses PROFESSIONAL SERVICES - RECRUITING & HIRING $13 $32 $3,500 $28 $0 -100% CONTRACT SERVICES - BACKGROUND CHECKS $9 $0 $0 $0 $5,000 N/A CONTRACT SERVICES- FIELD MAINTENANCE $0 $0 $0 $0 $320,977 N/A Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 94 PROMO ACTIVITIES - BASEBALL $494 $0 $0 $0 $0 0% TRAVEL & PER DIEM $252 $288 $0 $0 $0 0% COMMUNICATIONS $1,526 $1,112 $2,788 $570 $1,173 -57.9% UTILITIES $0 $0 $18,000 $117 $18,000 0% RENTALS & LEASES $0 $208 $86,710 $90,901 $76,558 -11.7% PROPERTY & LIABILITY INSURANCE $0 $1,554 $1,619 $1,628 $2,143 32.4% REPAIRS AND MAINTENANCE $0 $0 $215,000 $53,573 $120,000 -44.2% PROMO ACTIVITIES - BASKETBALL $0 $61,040 $64,000 $68,006 $70,000 9.4% PROMO ACTIVITIES - BASEBALL $32,151 $39,728 $32,500 $37,200 $30,000 -7.7% PROMO ACTIVITIES - VOLLEYBALL $35,380 $29,160 $40,000 $11,006 $42,000 5% PROMO ACTIVITIES- ADULT ATHLETICS $17,719 $50,070 $60,000 $21,500 $60,000 0% PROMO ACTIVITIES - FIELD HOCKEY $108,366 $123,124 $135,000 $124,493 $135,000 0% PROMO ACTIVITIES - RUGBY $39,120 $38,700 $42,000 $150 $0 -100% PROMO ACTIVITIES - LACROSSE $0 $0 $20,000 $0 $20,000 0% PROMO ACTIVITIES - FLAG FOOTBALL $21,026 $25,589 $26,000 $29,810 $26,000 0% PROMO ACTIVITIES- TRACK & FIELD $0 $0 $30,000 $8,458 $30,000 0% OTHER CURRENT CHARGES $5 $117 $0 $0 $0 0% IT EQUIPMENT <5000 AND SOFTWARE $2,134 $605 $2,864 $810 $2,269 -20.8% SUBSCRIPTIONS & MEMBERSHIPS $728 $0 $1,503 $0 $1,503 0% Total Operating Expenses:$258,923 $371,327 $781,484 $448,250 $960,623 22.9% Capital Outlay IT EQUIPMENT >5000 $0 $2,916 $20,000 $0 $0 -100% Total Capital Outlay:$0 $2,916 $20,000 $0 $0 -100% Total Expense Objects:$421,433 $559,675 $1,000,484 $654,254 $1,176,174 17.6% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 95 Public Works Mission Statement: "To Provide a Safe, Quality Community Environment for all Islanders through responsible Government" Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 96 Purpose Statement Public Works is tasked with ensuring that the Village's infrastructure, roadways and equipment remain safe, functional and well-maintained. Functional Responsibilities The Public Works Department is responsible for the design, construction, maintenance, and operation of public infrastructure and services. The department is also responsible for a wide range of services, including, road maintenance, transit services e.g. FreeBee stormwater systems, landscaping and grounds maintenance, waste management, public roads and buildings. Prior Year Achievements and Highlights Completed Resilient Infrastructure and Adaptation Program Zone 1 30% Design & Village-Wide Drainage Assessment Completed FPL Zone 1 Preliminary Design Accepted into USACE Beach & Back-Day Study Initiated Immediate Flood Control & Mitigation Projects Achieved 98% Septic-to Sewer Transition Installed Streetlights on East Enid Drive Completed Village-wide Drainage Assessment Expanded FreeBee to Six On-Demand Vehicles Installed Eight EV Chargers Completed Village-wide Pavement Condition Index (PCI) Fiscal Year 24 Goal Based Actions Improve Crandon Blvd & Harbor Dr Trafc Mobility and Safety Increase Alternative Transportation: Freebees & Busses Install Streetlights and Repair Roads & Sidewalks Complete Immediate Flood Control and Mitigation Projects Implement Shoreline Protection Solutions Complete Zone 1 Integrated Stormwater, Roadway and Utility Design Develop an Asset Management-Based Maintenance & Repair Program Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 97 How We Measure Success On time and on budget completion of projects and studies Number of drains & catchbasins inspected, cleaned and repaired Number of Rights-of-way maintenance and repairs completed e.g. potholes, street cleaning, sidewalk and curb repairs Number of facilities maintenance and repairs completed e.g. light xtures replaced, bathroom xtures maintained and repaired, HVAC and plumbing Personnel Chart Public Works Expenditures Summary 5,381,887 $669,672 (14.21% vs. prior year) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 98 Public Works Proposed and Historical Budget vs. Actual Actual Budgeted FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 0 1M 2M 3M 4M 5M 6M Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 99 Public Works Expenditures by Expense Type Budgeted and Historical Expenditures by Expense Type Millions Capital Outlay Personnel Services Operating Expenses FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $1 $2 $3 $4 $5 $6 Expense Objects Personnel Services SALARY ALLOCATION $0 -$130,012 -$362,000 -$235,139 -$383,000 5.8% SALARIES AND WAGES $317,925 $635,046 $1,013,000 $809,389 $1,105,515 9.1% OVERTIME $1,829 $4,132 $7,000 $3,560 $7,000 0% LONGEVITY BONUS $3,023 $0 $0 $0 $4,000 N/A CELL PHONE/ CAR ALLOWANCE $10,475 $12,669 $12,000 $10,407 $12,000 0% VACATION EXCESS $0 $15,654 $7,000 $40,730 $12,000 71.4% OTHER PAY - ACTING PAY $0 $0 $0 $3,588 $0 0% SICK PAID $0 $0 $0 $19,393 $0 0% COMPENSATED ABSENCES $21,789 $6,318 $0 $0 $0 0% PAYROLL TAXES $25,321 $50,693 $76,000 $64,196 $82,000 7.9% RETIREMENT CONTRIBUTIONS $27,916 $50,097 $122,000 $84,846 $130,000 6.6% LIFE, HEALTH, DISABILITY INSURANCE $51,634 $81,754 $125,000 $99,280 $142,000 13.6% WORKERS COMPENSATION $7,496 $7,785 $12,000 $11,854 $16,000 33.3% UNEMPLOYMENT COMPENSATION $0 $1,650 $0 $0 $0 0% SUNPASS $0 $0 $0 $0 $600 N/A Total Personnel Services:$467,408 $735,786 $1,012,000 $912,104 $1,128,115 11.5% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 100 Operating Expenses PROF SERVICES - CONSULTING $6,883 $94,579 $115,000 $80,981 $295,000 156.5% SEAWALL DESIGN & WATER QUALITY $0 $25,243 $65,000 $35,477 $0 -100% CONTRACT SERVICES - CUSTODIAL SERVICES $8,687 $19,288 $47,336 $23,965 $32,383 -31.6% CONTRACT SERVICES - SCHEDULED LANDSCAPING $302,013 $0 $0 $0 $0 0% CONTRACT SERVICES - TREE TRIMMING $213,988 $289,181 $342,672 $172,824 $327,672 -4.4% CONTRACT SERVICES - BEACH MAINTENANCE $876,041 $812,622 $895,000 $401,345 $780,000 -12.8% CONTRACT SERVICES - VILLAGE WIDE $61,290 $262,946 $7,570 $9,834 $0 -100% CONTRACT SERVICES - LANDSCAPING SERVICE $219,931 $234,924 $438,404 $436,421 $787,408 79.6% CONTRACT SERVICES - SPECIAL EVENTS $12,611 $0 $0 $0 $0 0% CONTRACT SERVICES - LANDSCAPE PROJECTS & STORM PREPARATIONS $0 $85,873 $175,200 $0 $0 -100% CONTRACT SERVICES - RIGHT OF WAY $0 $102,260 $128,000 $218,753 $205,000 60.2% TRAVEL & PER DIEM $913 $3,434 $11,210 $3,212 $8,200 -26.9% COMMUNICATIONS $16,476 $7,359 $7,440 $7,825 $11,081 48.9% POSTAGE & FREIGHT $226 $807 $400 $536 $800 100% UTILITIES $211,704 $342,026 $321,501 $326,681 $342,563 6.6% RENTALS & LEASES $6,270 $424 $1,250 $977 $22,106 1,668.5% PROPERTY & LIABILITY INSURANCE $6,007 $6,690 $6,296 $6,864 $9,184 45.9% REPAIRS & MAINTENANCE – VEHICLES $8,162 $16,330 $24,000 $4,310 $9,000 -62.5% REPAIRS & MAINTENANCE - GENERAL $53,194 $25,696 $91,764 $76,170 $105,600 15.1% REPAIRS & MAINTENANCE - VILLAGE HALL $2,070 $2,500 $352,100 $131,392 $300,000 -14.8% REPAIRS FACILITY - FIRE STATION $0 $2,200 $77,400 $94,263 $435,941 463.2% REPAIRS FACILITY - COMMUNITY CENTER $0 $9,515 $222,200 $107,214 $198,000 -10.9% REPAIRS & MAINTENANCE – ELECTRICIAN SERVICES $75,099 $107,761 $105,000 $76,048 $105,000 0% REPAIRS & MAINTENANCE - CONTRACTS $18,664 $0 $0 $0 $0 0% PLUMBING & BACKFLOW RECERT $35,078 $34,494 $35,000 $28,762 $25,000 -28.6% REPAIRS & MAINTENANCE - ROADWAY IMPROVEMENTS $24,248 $40,570 $30,000 $0 $0 -100% LANDSCAPING PROJECTS - SMALL/MID- SIZE $55,624 $175 $11,000 $1,300 $0 -100% TRAFFIC CIRCLE MAINTENANCE $0 $0 $20,000 $0 $0 -100% STREET LIGHT MAINTENANCE $0 $0 $15,000 $0 $0 -100% REPAIRS FACILITY - PARKS $0 $0 $0 $0 $66,500 N/A COMPOSTING PROGRAM $0 $0 $9,050 $9,000 $15,000 65.7% TNR PROGRAM $0 $0 $18,000 $11,884 $18,000 0% OFFICE SUPPLIES $4,862 $2,103 $2,000 $7,260 $4,500 125% OPERATING SUPPLIES $49,989 $53,720 $0 $48,161 $86,200 N/A Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 101 IT EQUIPMENT <5000 AND SOFTWARE $21,855 $30,175 $107,422 $58,336 $53,134 -50.5% OPERATING SUPPLIES - UNIFORMS $384 $782 $0 $0 $0 0% OPERATING SUPPLIES - VEHICLE FUEL $5,244 $13,316 $0 $8,218 $0 0% SMALL TOOLS $13,692 $7,194 $0 $0 $0 0% MEALS & EVENTS $1,729 $0 $0 $525 $1,000 N/A SUBSCRIPTIONS & MEMBERSHIP DUES $5,503 $1,558 $0 $2,485 $2,500 N/A TRAINING $6,031 $1,857 $18,000 $4,919 $7,000 -61.1% Total Operating Expenses:$2,324,468 $2,637,600 $3,700,215 $2,395,942 $4,253,772 15% Capital Outlay PUBLIC WORKS YARD $61,322 $0 $0 $0 $0 0% Total Capital Outlay:$61,322 $0 $0 $0 $0 0% Total Expense Objects:$2,853,198 $3,373,386 $4,712,215 $3,308,047 $5,381,887 14.2% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 102 Administration Mission Statement: "To Provide a Safe, Quality Community Environment for all Islanders through responsible Government" Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 103 Purpose Statement The Administration department provides support to all Village operating departments for coordination of nancial, human resources, procurement, communication, information technology and other administrative efforts. Functional Responsibilities The Village Manager is the Chief Administrative Ofcer of the Village. The Manager is responsible to the Village Council for the administration of all Village affairs, including planning, organizing, directing, stafng, 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 and is directly responsible for executing Village laws, ordinances, and implementation of policies set forth by the Village Council. Prior Year Achievements and Highlights Launched VKB311 Resident Service App Rened Strategic Communications Plan Furthered Transparency on Website Awarded $9.6M in Grants & Appropriations Improved Solid Waste, Stormwater, Permit/Inspection & Business Tax/Fee Collection Updated Website Created Interactive Master Agreement/Contract List Updated six major contracts: Custodial|Landscaping|Stormwater|Athletic Fields|Facilities Maintenance| Right-of Ways Fiscal Year 24 Goal Based Actions Improve Resident Experience and Customer Service Streamline Budget and CIP process Establish Procurement Process and Procedures Enhance Strategic Communications and Community Engagement Upgrade Information Technology & Systems Network Advance Partner & Legislative Relationships How We Measure Success Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 104 Number of VKB311 registered accounts Accuracy and transparency of nancials Personnel status (ll rates) Turnover rate Payment on time rate Accuracy and timeliness of information posted to the Village Website and Financial portals Ease of website navigation|Website visits, click throughs, time on site Availability of all applications Purchase order processing time Major procurement processing time Events attended Survey results Personnel Chart Administration Expenditures Summary 3,307,990 $290,172 (9.62% vs. prior year) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 105 Administration Proposed and Historical Budget vs. Actual Actual Budgeted FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 0 1M 2M 3M 4M Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 106 Administration Expenditures by Expense Type Budgeted and Historical Expenditures by Expense Type Millions Capital Outlay Grants and AidsOther Uses Operating ExpensesPersonnel Services FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $1 $2 $3 $4 Expense Objects Personnel Services SALARY ALLOCATION $0 -$155,747 $0 $0 -$105,000 N/A 5% TRANSPORTATION ALLOCATION -$14,822 -$21,030 $0 -$24,081 -$38,000 N/A 5% TRANSIT ALLOCATION -$3,706 -$9,227 $0 -$6,020 -$9,500 N/A SALARIES AND WAGES $1,059,730 $1,392,375 $1,456,000 $1,206,054 $1,647,956 13.2% OVERTIME $45,527 $22,104 $20,000 $709 $20,000 0% CELL PHONE/ CAR ALLOWANCE $14,342 $28,330 $28,000 $22,846 $27,000 -3.6% VACATION EXCESS $0 $8,429 $9,000 $17,639 $25,000 177.8% COMPENSATED ABSENCES $21,874 $18,222 $0 $0 $0 0% PAYROLL TAXES $93,591 $105,006 $108,000 $90,451 $119,000 10.2% RETIREMENT CONTRIBUTIONS $114,610 $116,418 $175,000 $128,257 $191,000 9.1% LIFE, HEALTH, DISABILITY INSURANCE $104,522 $122,533 $141,000 $103,913 $127,000 -9.9% WORKERS COMPENSATION $1,106 $1,288 $2,000 $1,977 $2,000 0% UNEMPLOYMENT COMPENSATION -$1,606 $758 $0 $552 $0 0% SUNPASS $0 $0 $0 $0 $720 N/A Total Personnel Services:$1,435,168 $1,629,459 $1,939,000 $1,542,298 $2,007,176 3.5% Operating Expenses PROFESSIONAL SERVICES - HR $7,358 $18,654 $8,000 $12,494 $8,000 0% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 107 PROFESSIONAL SERVICES - COMPENSATION STUDY $4,238 $0 $0 $0 $0 0% PROFESSIONAL SERVICES - BEACH FUNDING CONSULTANTS $179,188 $126,100 $60,000 $45,000 $0 -100% FINANCIAL SYSTEM WITH PUBLIC PORTAL $300 $0 $0 $0 $0 0% COMMUNICATIONS PROGRAM $49,500 $0 $0 $0 $0 0% RESILIENCE PROGRAM $4,500 $0 $0 $0 $0 0% STRATEGIC PLANNING WORKSHOP $0 $2,994 $8,000 $1,256 $8,000 0% GRANT CONSULTANT $8,500 $26,134 $40,000 $8,378 $40,000 0% PROFESSIONAL SERVICES- STRATEGIC COMMUNICATIONS $0 $0 $100,000 $15,000 $188,000 88% PROFESSIONAL SERVICES - CITIZENS SATISFACTION SURVEY $0 $0 $0 $0 $30,000 N/A BEST PRACTICE- WORKFLOW ANALYSIS $0 $0 $25,000 $47,425 $25,000 0% STRATEGIC GOVERNMENT POLICY SUPPORT $0 $0 $30,000 $27,500 $0 -100% STRATEGIC GOVERNMENT POLICY SUPPORT (COUNTY)$0 $0 $0 $0 $18,000 N/A STRATEGIC GOVERNMENT POLICY SUPPORT (STATE)$0 $0 $0 $0 $48,000 N/A STATE RELATIONS REPRESENTATIVE $33,000 $67,716 $112,000 $41,253 $45,000 -59.8% FEDERAL RELATIONS REPRESENTATIVE $0 $0 $0 $66,000 $72,000 N/A AUDITING $71,860 $61,390 $78,500 $70,900 $71,000 -9.6% ADP FEES $33,744 $27,804 $0 $26,859 $38,000 N/A ACTUARIAL $2,500 $0 $0 $0 $7,500 N/A FINANCIAL ADVISOR $3,000 $6,500 $9,000 $4,500 $9,000 0% CONTRACT SERVICES - CUSTODIAL SERVICES $8,676 $10,650 $14,258 $11,517 $15,489 8.6% RESIDENT EXPERIENCE AND TRAINING $0 $0 $25,000 $5,000 $25,000 0% TRAVEL & PER DIEM $2,322 $10,899 $15,000 $9,061 $20,000 33.3% COMMUNICATIONS $22,340 $17,015 $41,062 $17,648 $29,390 -28.4% POSTAGE & FREIGHT $1,861 $2,186 $4,000 $2,375 $4,000 0% UTILITIES $6,489 $20,048 $22,557 $14,440 $23,106 2.4% RENTALS & LEASES $11,833 $13,235 $7,760 $13,171 $10,405 34.1% PROPERTY & LIABILITY INSURANCE $28,289 $25,164 $24,821 $25,436 $41,346 66.6% REPAIRS & MAINTENANCE - VILLAGE HALL $14,676 $14,855 $0 $0 $2,000 N/A PRINTING & BINDING $1,486 $402 $1,000 $2,099 $2,000 100% KEY BISCAYNE COMMUNITY FOUNDATION $125,000 $0 $0 $0 $0 0% COMMUNITY SPONSORSHIP $0 $4,841 $5,000 $0 $10,000 100% HISTORICAL SOCIETY $0 $0 $33,300 $15,902 $16,500 -50.5% OTHER CURRENT CHARGES & OBLIGATIONS $25,090 $62,469 $49,500 $35,809 $39,100 -21% CREDIT CARD FEES -$88 $0 $0 $0 $0 0% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 108 PROFESSIONAL SERVICES - CHAMBER OF COMMERCE $81,376 $81,375 $89,235 $74,363 $92,805 4% BANK CHARGES $867 $0 $0 $16,813 $18,000 N/A OFFICE SUPPLIES $22,186 $24,478 $18,500 $37,842 $29,373 58.8% OPERATING SUPPLIES $6,596 $0 $0 $0 $0 0% IT EQUIPMENT <5000 AND SOFTWARE $127,130 $0 $139,999 $106,957 $190,208 35.9% MEALS & EVENTS $3,937 $0 $0 $3,964 $8,000 N/A SUBSCRIPTIONS & MEMBERSHIPS $5,686 $10,690 $9,156 $5,424 $8,070 -11.9% TRAINING $439 $4,610 $23,170 $2,838 $23,522 1.5% Total Operating Expenses:$893,879 $640,208 $993,818 $767,226 $1,215,814 22.3% Grants and Aids GRANTS-EDUCATIONAL INITIATIVES $4,817 $21,130 $35,000 $2,577 $35,000 0% Total Grants and Aids:$4,817 $21,130 $35,000 $2,577 $35,000 0% Other Uses CONTINGENCY $0 $0 $50,000 $0 $50,000 0% Total Other Uses:$0 $0 $50,000 $0 $50,000 0% Total Expense Objects:$2,333,864 $2,290,797 $3,017,818 $2,312,101 $3,307,990 9.6% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 109 Debt Service Mission Statement: "To Provide a Safe, Quality Community Environment for all Islanders through responsible Government" 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 nanced 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 Village Charter requires ve (5) afrmative 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 set guidelines regarding debt. Ordinance 97-1, January 16, 1997, limits outstanding debt. Debt means any nancial 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 or an amount that exceeds 15% of the annual general fund expenditures, whichever is greater. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 110 Debt Service Expenditures Summary 1,311,302 -$703,531 (-34.92% vs. prior year) Debt Service Proposed and Historical Budget vs. Actual Actual Budgeted FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 0 2.5M 5M 7.5M 10M 12.5M 15M Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 111 Debt Service Expenditures by Expense Type Budgeted and Historical Expenditures by Expense Type Millions Debt Service FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $2.5 $5 $7.5 $10 $12.5 $15 Expense Objects Debt Service PRINCIPAL - CIVIC CENTER #2 $770,000 $0 $0 $0 $0 0% PRINCIPAL - CIVIC CENTER #3 $1,581,471 $0 $0 $0 $0 0% PRINCIPAL - CIVIC CENTER #4 $425,000 $0 $0 $0 $0 0% PRINCIPAL - SEWER LOAN #1 $26,570 $27,254 $13,888 $13,889 $0 -100% PRINCIPAL - SEWER LOAN #2 $2,476,853 $0 $0 $0 $0 0% PRINCIPAL - SCHOOL IMPROV BOND #1 $4,178,242 $0 $0 $0 $0 0% PRINCIPAL - SCHOOL IMPROVE BOND #2 $3,250,000 $0 $0 $0 $0 0% PRINCIPAL - POLICE VEHICLES/SOFTWARE $194,867 $0 $0 $0 $0 0% PRINCIPAL - RECREATION BUS $36,069 $0 $0 $0 $0 0% PRINCIPAL - FIRE RESCUEVEHICLES $244,725 $0 $0 $0 $0 0% PRINCIPAL-KEY GOVERNMENT LTD GEN OBLIG $0 $1,631,000 $1,819,000 $1,819,000 $1,145,000 -37.1% PRINCIPAL - KEY GOVERNMENT FIRE ENGINE 2021 $0 $75,000 $75,000 $75,000 $75,000 0% INTEREST- CIVIC CENTER #2 $10,819 $0 $0 $0 $0 0% INTEREST- CIVIC CENTER #3 $31,992 $0 $0 $0 $0 0% INTEREST- CIVIC CENTER #4 $5,439 $0 $0 $0 $0 0% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 112 INTEREST - SEWER LOAN #1 $1,565 $880 $178 $178 $0 -100% INTEREST - SEWER LOAN #2 $16,693 $0 $0 $0 $0 0% INTEREST - SCHOOL IMPROVE BOND #1 $36,756 $0 $0 $0 $0 0% INTEREST - SCHOOL IMPROVE BOND #2 $23,619 $0 $0 $0 $0 0% INTEREST - POLICE VEHICLES/SOFTWARE $1,611 $0 $0 $0 $0 0% INTEREST - RECREATION BUS $286 $0 $0 $0 $0 0% INTEREST - FIRE RESCUE VEHICLES $2,065 $0 $0 $0 $0 0% INTEREST-KEY GOVERNMENT FINANCE S2021 $138,660 $118,646 $96,183 $48,091 $82,041 -14.7% INTEREST - KEY GOVERNMENT FIRE ENGINE 2021 $0 $11,907 $10,584 $5,292 $9,261 -12.5% Total Debt Service:$13,453,302 $1,864,688 $2,014,833 $1,961,450 $1,311,302 -34.9% Total Expense Objects:$13,453,302 $1,864,688 $2,014,833 $1,961,450 $1,311,302 -34.9% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 113 FUNDS OVERVIEW Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 114 General Fund Functional Responsibilities The General Fund is used to account for all nancial 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. Summary The Village of Key Biscayne is projecting $41.18M of revenue in FY2024, which represents a 11.6% increase over the prior year. Budgeted expenditures are projected to increase by 11.6% or $4.28M to $41.18M in FY2024. Actual Revenue Source Budgeted Revenue Source Over Budget Revenue Source Actual Expenditures Budgeted Expenditures FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $10M $20M $30M $40M $50M Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 115 Revenues by Source Budgeted and Historical 2024 Revenues by Source Millions Other Revenue SourcesMiscellaneous RevenuePermits, Fees, and Special Assessments Intergovernmental Revenue Charges for ServicesTaxes FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $10 $20 $30 $40 $50 Revenue Source Taxes AD VALOREM TAX $25,241,443 $25,246,775 $27,249,779 $27,457,280 $29,618,983 8.7% CHAPTER 175 - FIRE FIGHTER RETIREMENT TRUST FUND $442,551 $326,627 $326,627 $0 $436,756 33.7% CHAPTER 185 - POLICE RETIREMENT TRUST FUND $157,622 $264,391 $264,391 $0 $208,425 -21.2% UTILITY TAXES - ELECTRIC $1,692,290 $1,761,857 $1,735,000 $1,591,458 $1,900,000 9.5% UTILITY TAXES - WATER $603,366 $551,820 $600,000 $424,445 $615,000 2.5% UTILITY TAXES - GAS $89,163 $112,894 $105,000 $84,971 $95,000 -9.5% COMMUNICATION SERVICE TAX $650,817 $698,250 $680,000 $534,930 $680,000 0% LOCAL BUSINESS TAX (BTR)$169,937 $113,021 $115,000 $136,830 $115,000 0% Total Taxes:$29,047,189 $29,075,635 $31,075,797 $30,229,913 $33,669,164 8.3% Permits, Fees, and Special Assessments FIRE INSPECTIONS FEE $107,896 $126,302 $110,296 $133,456 $140,542 27.4% PUBLIC WORKS PERMIT $425 $1,446 $1,040 $2,430 $1,840 76.9% FRANCHISE FEES - ELECTRIC $1,216,940 $1,394,685 $1,250,000 $1,079,164 $1,550,000 24% PUBLIC RECORDS REQUEST $896 $1,640 $327 $305 $366 11.9% OTEHR FEE/ ZONING-SITE PLAN REVIEW $21,929 $22,892 $45,522 $32,179 $35,102 -22.9% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 116 OTHER FEES- ZONING HEARING $2,439 $0 $0 $0 $0 0% FINES - FORFEITURES $16,550 $7,365 $6,567 $9,378 $10,230 55.8% FINES- PROPERTY MAINTENANCE VIOLATIONS $0 $4,200 $0 $2,000 $0 0% PARKING FINES/ MIAMI DADE CLERK $7,342 $9,007 $7,324 $9,258 $11,739 60.3% TRAFFIC FINES /MIAMI DADE CLERK $4,102 $10,661 $8,800 $10,385 $12,682 44.1% Total Permits, Fees, and Special Assessments:$1,378,519 $1,578,197 $1,429,876 $1,278,554 $1,762,501 23.3% Intergovernmental Revenue HURRICANE IRMA $221,744 $90,886 $0 $176,866 $0 0% ARPA GRANT $0 $6,433,966 $0 $0 $0 0% HURRICANE IAN 9.23.2022 $0 $0 $0 $54,562 $0 0% STATE GRANT JAGC $2,582 $0 $0 $1,875 $0 0% STATE GRANT- UASI FIRE $15,427 $0 $0 $0 $0 0% FDEP- FRDAP- LAKE PARK STATE GRANT $0 $50,000 $0 $0 $0 0% STATE REVENUE SHARING - MUNICIPAL $368,675 $471,563 $355,460 $471,792 $452,896 27.4% STATE REVENUE SHARING - HALF CENT SALES TAX $1,078,774 $1,337,956 $1,232,203 $1,210,564 $1,630,172 32.3% STATE REVENUE SHARING - ALCOHOLIC BEVERAGE LICENSE $13,215 $17,075 $16,242 $12,329 $11,367 -30% STATE REVENUE SHARING - FIREFIGHTER SUPPLEMENT $11,682 $23,880 $17,085 $12,900 $14,073 -17.6% SURFSIDE BUILDING INCIDENT $0 $212 $0 $84,813 $0 0% GRANT COVID $294,413 $0 $0 $9,546 $0 0% LOCAL REV SHARING- SCHOOL CROSSING GUARDS $20,057 $69,461 $40,685 $64,127 $60,753 49.3% LOCAL REVENUE SHARING- LETTF $969 $2,146 $2,307 $1,499 $1,803 -21.8% HURRICANE FLORENCE 9.14.2018 $0 $47,244 $0 $0 $0 0% HURRICANE MICHAEL 10.10.2018 $0 $74,478 $0 $0 $0 0% Total Intergovernmental Revenue:$2,027,538 $8,618,868 $1,663,982 $2,100,873 $2,171,064 30.5% Charges for Services LOBBYST REGISTRATION $3,900 $1,500 $2,000 $1,700 $2,000 0% QUALIFYING ELECTION FEES $0 $800 $0 $0 $0 0% RESCUE TRANSPORT FEES $165,001 $158,263 $163,654 $80,888 $161,146 -1.5% COMM CENTER-POINT OF SALE $49,559 $105,702 $99,550 $120,785 $131,300 31.9% COMM CENTER- COURSE REVENUE $581,760 $1,327,096 $1,344,751 $1,182,907 $1,250,000 -7% COMM CENTER-FACILITY RENTALS $952 $3,775 $4,290 $6,900 $8,160 90.2% COMM CENTER-MEMBERSHIPS $354,570 $611,056 $360,000 $881,548 $650,000 80.6% COMMUNITY CTR- SPORT PROGRAMS $293,417 $446,416 $425,000 $238,401 $159,251 -62.5% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 117 GOLF CART REGISTRATION $9,000 $13,365 $10,873 $6,645 $5,850 -46.2% FINGERPRINTS $280 $1,205 $1,007 $825 $840 -16.6% Total Charges for Services:$1,458,439 $2,669,179 $2,411,125 $2,520,598 $2,368,547 -1.8% Miscellaneous Revenue MISCELLANEOUS REVENUE $71,709 $25,790 $100,147 $195,743 $212,092 111.8% INTEREST INCOME $36,920 $239,417 $230,048 $2,060,882 $1,000,000 334.7% DONATIONS & CONTRIBUTIONS $3,651 $0 $0 $0 $0 0% SALES/DISPOSITION OF FIXED ASSETS $0 $0 $0 $8,850 $0 0% INSURANCE CLAIMS $70,886 $77,619 $0 $15,824 $0 0% Total Miscellaneous Revenue:$183,166 $342,826 $330,195 $2,281,298 $1,212,092 267.1% Other Revenue Sources PROCEEDS FROM REFUNDING BONDS $11,238,000 $0 $0 $0 $0 0% Total Other Revenue Sources:$11,238,000 $0 $0 $0 $0 0% Total Revenue Source:$45,332,851 $42,284,704 $36,910,975 $38,411,236 $41,183,368 11.6% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Expenditures by Expense Type Budgeted and Historical Expenditures by Expense Type Millions Capital Outlay Grants and Aids Other UsesDebt ServiceOperating Expenses Personnel Services FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $10 $20 $30 $40 $50 Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 118 Expense Objects Personnel Services $17,634,302 $18,948,327 $21,472,536 $16,722,610 $22,933,632 6.8% Operating Expenses $9,915,891 $20,628,986 $13,243,560 $10,512,659 $16,853,434 27.3% Capital Outlay $205,861 $151,321 $85,846 $54,993 $0 -100% Debt Service $13,453,302 $1,864,688 $2,014,833 $1,961,450 $1,311,302 -34.9% Grants and Aids $185,297 $21,130 $35,000 $2,577 $35,000 0% Other Uses $0 $0 $50,000 $0 $50,000 0% Total Expense Objects:$41,394,653 $41,614,451 $36,901,775 $29,254,289 $41,183,368 11.6% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 119 Transportation Fund Functional Responsibilities 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. 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 specic revenues that are legally restricted to improve transit and trafc mobility. Oversight of this fund is primarily the function of the Administration. Prior Year Signicant Accomplishments Accepting a Florida Department of Transportation (FDOT) Public Service Development Program Grant in the amount of $166,679 to expand the Village's On- Demand transit service Increased eet of vehicles from 5 to 6 to both reduce wait times and increase ridership Increased ridership to over 7,000 passengers per month and 5,000 rides per month. Fiscal Year 24 Goal Based Actions Increase eet from 6 to 8 through utilization of the FDOT grant. Transfer $250,000 to CIP Fund for Crandon Boulevard improvements, which include optimizing signal timings, improving multi-modal safety, and improving trafc mobility. Apply for the FY 25 FDOT Public Service Development Program Grant to continue funding the additional transit vehicles. Summary The Village of Key Biscayne is projecting $1.22M of revenue in FY2024, which represents a 10.3% increase over the prior year. Budgeted expenditures are projected to increase by 19.9% or $227.5K to $1.37M in FY2024. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 120 Actual Revenue Source Budgeted Revenue Source Over Budget Revenue Source Actual Expenditures Budgeted Expenditures Over Budget Expenditures FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $500K $1M $1.5M $2M $2.5M Revenues by Source Budgeted and Historical 2024 Revenues by Source Millions Other Revenue SourcesMiscellaneous RevenueTaxesIntergovernmental Revenue FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $0.25 $0.5 $0.75 $1 $1.25 $1.5 Revenue Source Taxes LOCAL OPTION 6 CENT TAX (MOTOR & DIESEL FUEL)$140,581 $150,078 $148,000 $131,912 $149,000 0.7% LOCAL OPTION 5 CENT TAX (MOTOR FUEL ONLY)$53,315 $57,423 $55,000 $50,016 $56,000 1.8% Total Taxes:$193,896 $207,500 $203,000 $181,929 $205,000 1% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 121 Intergovernmental Revenue TRANSPORTATION SURTAX (80% TRANSPORTATION)$469,264 $582,353 $720,000 $481,614 $760,000 5.6% MDC TRANSPORTATION SURTAX 20%$117,316 $145,588 $180,000 $120,404 $190,000 5.6% COUNTY TOLL BRIDGE REVENUE $365,000 $0 $0 $0 $0 0% Total Intergovernmental Revenue:$951,580 $727,941 $900,000 $602,018 $950,000 5.6% Miscellaneous Revenue INTEREST INCOME $0 $8,285 $400 $0 $62,476 15,518.9% Total Miscellaneous Revenue:$0 $8,285 $400 $0 $62,476 15,518.9% Other Revenue Sources TRANSFERS FROM CIP $0 $300,000 $0 $0 $0 0% Total Other Revenue Sources:$0 $300,000 $0 $0 $0 0% Total Revenue Source:$1,145,476 $1,243,726 $1,103,400 $783,947 $1,217,476 10.3% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 122 Expenditures by Expense Type Budgeted and Historical Expenditures by Expense Type Millions Personnel Services Debt ServiceOperating Expenses FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $0.5 $1 $1.5 $2 $2.5 Expense Objects Personnel Services SALARY ALLOCATION $0 $57,384 $25,000 $18,532 $0 -100% TRANSPORTATION ALLOCATION OF ADMIN EXPENSE $52,768 $24,206 $36,000 $24,081 $38,000 5.6% 5% TRANSIT ALLOCATION $0 $6,051 $9,000 $6,020 $9,500 5.6% TRANSIT ALLOCATION OF ADMIN EXPENSE $13,193 $0 $0 $0 $0 0% Total Personnel Services:$65,961 $87,641 $70,000 $48,633 $47,500 -32.1% Operating Expenses TRANSIT ON DEMAND $0 $387,029 $830,000 $469,086 $830,000 0% TRANSIT PROJECTS - FREEBEE ON DEMAND $321,137 $0 $0 $0 $0 0% TRANSIT PROJECTS - FREEBEE CIRCULATOR $98,491 $0 $0 $0 $0 0% OPERATING TRANSFER OUT (TO CIP FUND)$0 $300,000 $0 $1,152,342 $250,000 N/A Total Operating Expenses:$419,628 $687,029 $830,000 $1,621,428 $1,080,000 30.1% Debt Service PRINCIPAL - TRANSPORTATION TAX REFUNDING, SERIES 2011 $215,366 $220,625 $226,013 $226,013 $226,013 0% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 123 PRINCIPAL - ROAD IMPROVEMENT PHASE III, 2006 $341,411 $104,556 $0 $0 $0 0% INTEREST - TRANSPORTATION TAX REFUNDING, SERIES 2011 $24,116 $18,825 $14,772 $10,569 $14,772 0% INTEREST - ROAD IMPROVEMENT PHASE III, 2006 $15,713 $1,372 $0 $0 $0 0% Total Debt Service:$596,606 $345,379 $240,785 $236,582 $240,785 0% Total Expense Objects:$1,082,195 $1,120,049 $1,140,785 $1,906,643 $1,368,285 19.9% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 124 Parks and Open Spaces Land Trust Fund Functional Responsibilities The PROS Land Trust 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 in our nancial statements. The Trust Fund 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 such as 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. Prior Year Signicant Accomplishments Maximize interest income on Fund assets as the Village continues to seek and identify potential land acquisitions to provide additional parks, green spaces, and green-based stormwater initiatives. Fiscal Year 24 Goal Based Actions Continue to receive 1% of ad-valorem revenues and maximize interest income as the Village continues to seek and identify potential land acquisitions to provide additional parks, green spaces, and green-based stormwater initiatives. Summary Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 125 Actual Revenue Source Budgeted Revenue Source Over Budget Revenue Source Actual Expenditures Budgeted Expenditures FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $1M $2M $3M $4M $5M Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 126 Revenues by Source Budgeted and Historical 2024 Revenues by Source Millions Miscellaneous Revenue Taxes FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $0.1 $0.2 $0.3 $0.4 $0.5 Revenue Source Taxes 1% AD VALOREM TRANSFER IN $252,429 $252,468 $272,498 $274,573 $296,190 8.7% Total Taxes:$252,429 $252,468 $272,498 $274,573 $296,190 8.7% Miscellaneous Revenue INTEREST INCOME $5,526 $37,645 $10,000 $191,649 $137,990 1,279.9% Total Miscellaneous Revenue:$5,526 $37,645 $10,000 $191,649 $137,990 1,279.9% Total Revenue Source:$257,955 $290,113 $282,498 $466,222 $434,180 53.7% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Expenditures by Expense Type Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 127 Budgeted and Historical Expenditures by Expense Type Millions Capital Outlay FY2019 FY2020 FY2021 $0 $1 $2 $3 $4 $5 Expense Objects Capital Outlay CONTRACTUAL EXPENSES/LANDSCAPING $69,127 $0 $0 0% Total Capital Outlay:$69,127 $0 $0 0% Total Expense Objects:$69,127 $0 $0 0% Name FY2021 Actual FY2022 Actual FY2024 Budgeted FY2023 undened vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 128 Building Fund Functional Responsibilities The Building Division's primary responsibility is the enforcement 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 veries 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, nes, and penalties. Floodplain Management is administrated under the Building Division. Prior Year’s Signicant Accomplishments Issued 2,263 permits, performed 6,037 plan reviews, and conducted 7,007 inspections.   Fully implemented electronic plans review and Accela Citizens Access portal to improve customer service, plans review, permitting and inspection services.  Ensured compliance with the 40-year certication program.   Implemented electronic plans review and Accela Citizens Access to improve plans, permit and inspection services  Fiscal Year 24 Goal Based Actions Continue to focus on building certication and safety to protect our residents and their property.  Complete Community Rating System through National Flood Insurance Program to reduce rating from 8 to 6, while continuing to study opportunities for further reductions.  Renovate the Building Department to improve customer service, make more efcient use of the ofce space, improve worker productivity,  and facilitate on- line document review.  Summary The Village of Key Biscayne is projecting $2.34M of revenue in FY2024, which represents a 18% increase over the prior year. Budgeted expenditures are projected to increase by 50% or $875.62K to $2.63M in FY2024. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 129 Actual Revenue Source Budgeted Revenue Source Over Budget Revenue Source Actual Expenditures Budgeted Expenditures FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $500K $1M $1.5M $2M $2.5M $3M Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 130 Revenues by Source Budgeted and Historical 2024 Revenues by Source Millions Charges for Services Miscellaneous Revenue Permits, Fees, and Special Assessments FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $0.5 $1 $1.5 $2 $2.5 Revenue Source Permits, Fees, and Special Assessments BUILDING PERMITS $1,878,175 $2,212,020 $1,925,000 $2,228,000 $2,250,360 16.9% OTHER FEES - CERT OF OCCUPANCY $4,487 $3,856 $3,500 $19,951 $23,282 565.2% BUILDING RECORD REQUEST $0 $0 $0 $3,903 $0 0% BUILDING CODE VIOLATIONS $12,065 $16,700 $15,000 $17,231 $19,220 28.1% Total Permits, Fees, and Special Assessments:$1,894,727 $2,232,577 $1,943,500 $2,269,086 $2,292,862 18% Charges for Services SERV CHARGE- LIEN SEARCH $58,628 $37,255 $40,000 $17,375 $20,187 -49.5% Total Charges for Services:$58,628 $37,255 $40,000 $17,375 $20,187 -49.5% Miscellaneous Revenue MISCELLANEOUS REVENUES $0 $425 $500 $25 $27 -94.6% INTEREST INCOME $0 $4,737 $0 $0 $27,733 N/A Total Miscellaneous Revenue:$0 $5,162 $500 $25 $27,760 5,452% Total Revenue Source:$1,953,355 $2,274,994 $1,984,000 $2,286,486 $2,340,809 18% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 131 Expenditures by Expense Type Budgeted and Historical Expenditures by Expense Type Millions Capital Outlay Operating Expenses Personnel Services FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $0.5 $1 $1.5 $2 $2.5 $3 Expense Objects Personnel Services SALARY ALLOCATION $0 -$272,176 -$46,000 -$46,256 $96,000 -308.7% SALARIES AND WAGES $743,751 $993,663 $1,030,000 $901,985 $1,216,843 18.1% OVERTIME $3,668 $3,206 $6,000 $7,551 $6,000 0% OTHER PAY-LONGEVITY BONUSES $0 $0 $9,000 $0 $10,000 11.1% CELL PHONE/ CAR ALLOWANCE $10,225 $16,792 $13,000 $15,057 $13,000 0% VACATION EXCESS $0 $12,977 $18,000 $18,537 $25,000 38.9% COMPENSATED ABSENCES $25,931 $4,996 $0 $1,311 $0 0% PAYROLL TAXES $73,775 $73,038 $82,000 $73,083 $94,000 14.6% RETIREMENT CONTRIBUTIONS $83,182 $88,788 $113,000 $99,889 $120,000 6.2% LIFE, HEALTH, DISABILITY INSURANCE $90,762 $129,888 $123,000 $116,202 $127,000 3.3% WORKERS COMPENSATION $10,932 $9,285 $8,000 $4,452 $10,000 25% UNEMPLOYMENT COMPENSATION $2,622 $2,261 $0 $0 $0 0% SUNPASS $0 $0 $0 $0 $720 N/A Total Personnel Services:$1,044,848 $1,062,717 $1,356,000 $1,191,810 $1,718,563 26.7% Operating Expenses LEGAL CONSEL- BUILDING $0 $0 $0 $24,934 $25,000 N/A Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 132 PROF SERVICES-STRATEGIC PLANNING $92,665 $100,533 $145,000 $65,313 $130,000 -10.3% PROF SERVICES- RECRUITING/HIRING $750 $0 $0 $44 $65,000 N/A CONTRACT SERVICES - FACILITY MGMT $22,407 $9,275 $12,413 $10,044 $13,486 8.6% TRAVEL & PER DIEM $670 $1,810 $5,310 $1,554 $4,650 -12.4% COMMUNICATIONS $9,616 $9,095 $13,838 $8,441 $14,267 3.1% POSTAGE & FREIGHT $355 $3,044 $500 $1,173 $1,100 120% UTILITIES $13,116 $17,987 $19,858 $12,592 $21,021 5.9% RENTALS & LEASES $3,744 $10,095 $5,748 $9,256 $10,700 86.2% PROPERTY & LIABILITY INSURANCE $25,110 $22,091 $21,789 $22,851 $36,234 66.3% REPAIRS & MAINTENANCE VILLAGE HALL $6,180 $9,992 $3,492 $0 $3,100 -11.2% PRINTING & BINDING $4,810 $36,502 $33,500 $18,938 $33,500 0% CREDIT CARD FEES $56,720 $65,577 $30,000 $59,262 $55,000 83.3% OFFICE SUPPLIES $4,973 $10,456 $17,300 $4,916 $17,300 0% OPERATING SUPPLIES $7,798 $6,406 $500 $0 $500 0% OPERATING SUPPLIES - SOFTWARE $61,092 $78,794 $78,697 $58,336 $95,282 21.1% OPERATING SUPPLIES - UNIFORMS $320 $171 $2,700 $959 $2,700 0% MEALS AND EVENTS $0 $0 $0 $12 $0 0% SUBSCRIPTIONS & MEMBERSHIPS $4,409 $985 $2,990 $1,325 $2,850 -4.7% TRAINING $2,175 $2,279 $2,950 $5,030 $2,950 0% TUITION REIMBURSEMENT $62 $0 $0 $0 $0 0% TRANSFER TO CIP $0 $0 $0 $75,000 $375,000 N/A Total Operating Expenses:$316,972 $385,093 $396,585 $379,980 $909,640 129.4% Capital Outlay IT EQUIPMENT >5000 $13,075 $0 $0 $0 $0 0% Total Capital Outlay:$13,075 $0 $0 $0 $0 0% Total Expense Objects:$1,374,895 $1,447,810 $1,752,585 $1,571,789 $2,628,203 50% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 133 Stormwater Fund Functional Responsibilities The Stormwater Utility Fund accounts for the nancial 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 facilities located within the Village. This is a proprietary fund which focuses on the determination of operating income, changes in net assets, nancial position and cash ows. Oversight of this fund is primarily the function of the Public Works Department. Prior Year Signicant Accomplishments Implemented the new rate structure ordinance to provide more equity in the billing of stormwater fees using an impervious area and trip generation approach Entered into a loan agreement with the Florida Department of Environmental Protection's (FDEP) Clean Water State Revolving Loan Fund (CWSRF) for an amount not to exceed $870,000 to complete the "Resilient Infrastructure Program Strategy and Integration Implementation Plan".  Solicited competitive bids for stormwater maintenance services, well cleaning, and drainage improvement services and awarded three new contracts. Maintained 100% of stormwater system ahead of schedule, to help reduce roadway ooding. Maintenance consists of pumping out solids from 741 catch basins and jetting 86,000 linear feet of piping. Rehabilitated 4 wells located in the most ood prone areas. Fiscal Year 24 Goal Based Actions Transfer $100,000 to the CIP Fund for the formulation and promotion of the Resilient Infrastructure and Adaptation Program Transfer $305,252 to the CIP Fund for the Immedicate Flood Control & Mitigation project to improve catch basins and roadways. Continue to monitor and sample the stormwater quality pilot project using under grate basket and UUF lters, to enhance the quality of discharge into Biscayne Bay. Summary Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 134 The Village of Key Biscayne is projecting $2.15M of revenue in FY2024, which represents a 17.4% increase over the prior year. Budgeted expenditures are projected to increase by 68.1% or $593.19K to $1.46M in FY2024. Actual Revenue Source Budgeted Revenue Source Over Budget Revenue Source Actual Expenditures Budgeted Expenditures Over Budget Expenditures FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $500K $1M $1.5M $2M $2.5M Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 135 Revenues by Source Budgeted and Historical 2024 Revenues by Source Millions Intergovernmental Revenue Miscellaneous Revenue Charges for Services FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $0.5 $1 $1.5 $2 $2.5 Revenue Source Intergovernmental Revenue FDEP- GRANT STRUCTUTAL IMPROVEMENTS (C-2105)$0 $0 $0 $48,718 $0 0% Total Intergovernmental Revenue:$0 $0 $0 $48,718 $0 0% Charges for Services STORMWATER FEES $1,822,405 $1,977,139 $1,821,903 $1,832,835 $2,099,073 15.2% Total Charges for Services:$1,822,405 $1,977,139 $1,821,903 $1,832,835 $2,099,073 15.2% Miscellaneous Revenue INTEREST INCOME $0 $10,356 $7,500 $4,945 $48,796 550.6% Total Miscellaneous Revenue:$0 $10,356 $7,500 $4,945 $48,796 550.6% Total Revenue Source:$1,822,405 $1,987,495 $1,829,403 $1,886,498 $2,147,869 17.4% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 136 Expenditures by Expense Type Budgeted and Historical Expenditures by Expense Type Millions Capital Outlay Debt Service Personnel ServicesOperating Expenses FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $0.5 $1 $1.5 $2 Expense Objects Personnel Services ALLOCATION OF SALARY + BENEFITS $163,445 $251,389 $237,000 $187,881 $278,000 17.3% Total Personnel Services:$163,445 $251,389 $237,000 $187,881 $278,000 17.3% Operating Expenses PROFESSIONAL SERVICES $22,927 $0 $22,000 $0 $40,000 81.8% OPERATIONS & MAINTENANCE $439,206 $434,648 $335,500 $347,953 $448,800 33.8% ADMINSTRATIVE EXPENSES $21,590 $45,642 $30,000 $642 $20,000 -33.3% STRUCTURAL IMPROVEMENTS $59,335 $36,926 $165,000 $108,150 $200,000 21.2% STORMWATER DEPRECIATION EXPENSE $0 $420,873 $0 $0 $0 0% TRANSFER OUT TO CIP $300,000 $246,570 $0 $157,960 $405,252 N/A TRANSFER TO CIP $0 $0 $0 $250,000 $0 0% Total Operating Expenses:$843,058 $1,184,658 $552,500 $864,704 $1,114,052 101.6% Capital Outlay FUTURE PROJECTS - 2020 RESILIENCY BOND $0 $303,813 $0 $0 $0 0% Total Capital Outlay:$0 $303,813 $0 $0 $0 0% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 137 Debt Service INTEREST EXPENSE 2016 UTILITY REFUNDING $99,416 $90,481 $81,336 $40,668 $71,976 -11.5% Total Debt Service:$99,416 $90,481 $81,336 $40,668 $71,976 -11.5% Total Expense Objects:$1,105,919 $1,830,341 $870,836 $1,093,253 $1,464,028 68.1% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 138 Solid Waste Fund Functional Responsibilities The Solid Waste Fund accounts for the nancial 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 for 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, nancial position and cash ows. Oversight of this fund is primarily the function of the Public Works Department. Prior Year Signicant Accomplishments Approved resolution with existing vendor to extend contract for 2 more years and provide trash removal and recycling services.  Fiscal Year 24 Goal Based Actions Reduce solid waste output, ensure proper recycling through vendor accountability and public education. Explore franchise fee opportunities and bring lower cost services to commercial and condo entities. Summary The Village of Key Biscayne is projecting $1.05M of revenue in FY2024, which represents a 5.3% increase over the prior year. Budgeted expenditures are projected to decrease by 5.3% or $53K to $956.5K in FY2024. Actual Revenue Source Budgeted Revenue Source Over Budget Revenue Source Actual Expenditures Budgeted Expenditures FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $250K $500K $750K $1M $1.25M Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 139 Revenues by Source Budgeted and Historical 2024 Revenues by Source Millions Miscellaneous RevenueCharges for Services FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $1 $0.25 $0.5 $0.75 $1.25 Revenue Source Charges for Services SOLID WASTE REVENUE $1,044,734 $950,677 $992,846 $1,018,687 $1,020,973 2.8% OTHER REVENUE $51,922 $61,296 $5,000 $4,296 $5,000 0% Total Charges for Services:$1,096,656 $1,011,972 $997,846 $1,022,982 $1,025,973 2.8% Miscellaneous Revenue INTEREST INCOME $0 $2,869 $0 $2,165 $25,188 N/A Total Miscellaneous Revenue:$0 $2,869 $0 $2,165 $25,188 N/A Total Revenue Source:$1,096,656 $1,014,841 $997,846 $1,025,147 $1,051,161 5.3% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 140 Expenditures by Expense Type Budgeted and Historical Expenditures by Expense Type Millions Personnel Services Operating Expenses FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 $0 $1 $0.25 $0.5 $0.75 $1.25 Expense Objects Personnel Services ALLOCATION OF SALARIES $47,433 $57,384 $57,000 $44,214 $62,000 8.8% Total Personnel Services:$47,433 $57,384 $57,000 $44,214 $62,000 8.8% Operating Expenses CONTRACTUAL SERVICES $930,925 $857,505 $943,000 $765,393 $885,000 -6.2% CREDIT CARD FEES $8,917 $4,146 $9,500 $3,418 $9,500 0% BANK CHARGES $0 $2,173 $0 $0 $0 0% Total Operating Expenses:$939,842 $863,824 $952,500 $768,811 $894,500 -6.1% Total Expense Objects:$987,275 $921,208 $1,009,500 $813,025 $956,500 -5.3% Name FY2021 Actual FY2022 Actual FY2023 Budgeted FY2023 Actual FY2024 Budgeted FY2023 Budgeted vs. FY2024 Budgeted (% Change) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 141 Capital Improvement Plan Fund Functional Responsibilities The Capital Project Program fund is used to account for nancial resources used for the acquisition of capital assets or the 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. Summary The Village of Key Biscayne is projecting N/A of revenue in FY2024, which represents a 0% increase over the prior year. Budgeted expenditures are projected to increase by 0% or N/A to N/A in FY2024. Actual Revenue Source Budgeted Revenue Source Over Budget Revenue Source Actual Expenditures Budgeted Expenditures FY2022 FY2023 $0 $2.5M $5M $7.5M $10M $12.5M $15M Revenues by Source Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 142 Budgeted and Historical 2024 Revenues by Source Millions Miscellaneous RevenueIntergovernmental Revenue Other Revenue Sources FY2022 FY2023 $0 $2.5 $5 $7.5 $10 $12.5 Expenditures by Expense Type Budgeted and Historical Expenditures by Expense Type Millions Operating Expenses Capital Outlay FY2022 FY2023 $0 $1 $2 $3 $4 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 143 CAPITAL IMPROVEMENTS Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 144 Capital Improvement Program Functional Responsibilities The purpose of Capital Improvement Program (CIP) is to be a thoughtful and deliberate blueprint for sustaining and improving the Village’s infrastructure and assets in alignment with the Village's strategic goals. The Village delivers CIP projects with a responsible and nancially sound funding strategy. Each project in the CIP is categorized into the following focus areas. Resiliency Stormwater, utility hardening, shoreline protection, sustainability initiatives, and alternative energy Parks, Recreation, and Open Space Parks, open space, recreation, beach access paths, and athletics Public Safety Fire and police projects and purchases to improve public safety Vehicles and Equipment Administrative, information technology, and software upgrades and additions Transportation Right-of-way including roads, pedestrian, and bicycle infrastructure Facilities Village-owned and operated facility upgrades, additions, and major repairs.  Prior Year Achievements and Highlights Remediated and Constructed Paradise Park Replaced the Entry Block Sign Upgraded the Village Green Splashpad Replaced the Community Center's Cardio Equipment Replaced the Community Center's Pool Deck and Surface Improved the Civic Center landscape Improved Hampton Park Procured a new Police Boat Installed Village-wide Electric Vehicle Charging Stations Patched and Painted the Community Center's Gymnasium Replaced Village Police Fleet Vehicles Retrotted the Community Center's Lighting to LED Replaced St. Agnes Sod and Lighting Painted Amenities and Facilities Village-Wide Designed Beach Park Renovation Completed Annual Monitoring and Permitting of Beach and Dunes Installed Village Security and Surveillance System Phases 1 and 2 Improved the Harbor Drive and Crandon Blvd Intersection  Improved Key Colony and Crandon Blvd Intersection Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 145 Capital Improvement Plan FY24 Total Capital Requested 20,904,638 31 Capital Improvement Projects Total Funding Requested by Department TOTAL $20,904,638.00 Athletics (0%)$75,000.00 Building (2%)$375,000.00 Community Center (0%)$85,000.00 Fire and Rescue (7%)$1,413,000.00 Parks and Recreation (7%)$1,438,900.00 Police (3%)$603,000.00 Public Works (81%)$16,914,738.00 Total Funding Requested by Source TOTAL $20,904,638.00 Appropriation (State/Federal) (4%)$900,000.00 Building Fund (2%)$375,000.00 Clean Water SRF Loan (19%)$4,063,174.00 FY23 Carryforward (23%)$4,810,238.00 General Fund (12%)$2,500,000.00 Grant (33%)$6,850,974.00 Stormwater Fund (2%)$405,252.00 Transportation Fund (1%)$250,000.00 WASD Reimbursement (4%)$750,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 146 FY24 Capital Improvement Project Information Resiliency Formulate and Promote Resilient Infrastructure Program Professional services for development of the integrated infrastructure plan (IIP) and overall resilient infrastructure and adaptation program (RIAP) for the Village. The program addresses all the Village’s resilience related efforts. The primary effort is the design and construction of the stormwater, roadway, water, sewer, electrical, and telecommunications infrastructure improvements by phase Village-wide. The program also addresses the Village’s and Army Corps of Engineer’s collaborative effort to develop an ocean-side and back-bay study which will allow the Village to be included in the Miami-Dade County shoreline protection program. Project Phase: Program Development and Planning Total Project Cost: TBD FY24 Funding Allocation: $1,630,194 FY24 Funding Sources: $500,000 – FY23 carryforward funding, $100,000 - Stormwater Fund, $570,194 - Clean Water State Revolving Loan Fund for Planning, $330,000 – Resilient Florida Planning Grant, $130,000 - General Fund Design Zone 1 (K-8) Resilient Infrastructure and Adaptation Program Completion of Zone 1 (K-8) design includes the integration of the stormwater, roadway, water, sewer, electrical, and telecommunications infrastructure improvements in the rst zone surrounding the K-8 school to achieve a “dig once” approach. Project Phase: Design Total Project Cost: $5,078,606 FY24 Funding Allocation: $5,078,606 Funding Sources: $100,000 – FY23 carry forward funding, $3,492,980 - Clean Water State Revolving Loan Fund for Design, $885,626 – Resilient Florida Implementation Grant, $600,000 – estimated Miami-Dade Water and Sewer Department reimbursement Conduct USACE Back Bay and Beach Feasibility Study U.S. Army Corp of Engineers study of the Village’s vulnerability from Biscayne Bay inundation and ocean- side beach erosion. Project Phase: Study Total Project Cost: TBD FY24 Funding Allocation: $750,000 FY24 Funding Sources: $750,000 – FY23 carryforward funding. Renourish Beach and Dunes Design and construction of the FY24 beach renourishment for the Village’s 1.2 miles of oceanside coastline. Due to 2022 Hurricanes Ian and Nicole, the Village lost signicant sand along its oceanside shoreline. The beach and dunes serve as the Village’s rst line of defense against storm surge. This renourishment is expedited to address the Village’s need to fortify its oceanside shoreline because of the 2022 storms. Project Phase: Design and Construction Total Project Cost: TBD FY24 Funding Allocation: $1,868,050 FY24 Funding Sources: $500,000 – FY23 carryforward funding, $918,050 – Beach Management Funding Assistance Program Grant, $450,000 – State Appropriation. Beach and Dune Monitoring and Permitting Each year, the Village is responsible for monitoring the conditions of the beach (oceanside shoreline) to be compliant with the permit associated with the most recent beach renourishment. Project Phase: Monitoring Total Project Cost: $200,000 FY24 Funding Allocation: $200,000 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 147 FY24 Funding Sources: $200,000 – FY23 carryforward funding Perform Immediate Flood Control & Mitigation - Areas A, B, C, & E Redesigning catch basins to be clear of debris and reconstructing segments of roadways to guide water into drains. This project will allow ood water to recede faster and cause less disruption. Milling and repaving select roadways will create a crown effect, which will further direct water away from the road and enhance those streets with new pavement. The ood control projects will improve stormwater infrastructure in the area south of West McIntyre that includes West Wood Drive, West Mashta, parts of Fernwood Road and interior streets in the vicinity (areas C and E). The projects will then move north of West McIntyre to West Heather Drive, Allendale Road, and neighboring streets (areas A and B). Construction began in FY23 and will conclude in FY24. Project Phase: Construction Total Project Cost: $1,400,000 (portion of project completed in FY23) FY24 Funding Allocation: $1,150,000 FY24 Funding Sources: $700,000 – FY23 carryforward funding, $450,000 – State Appropriation Perform Immediate Flood Control & Mitigation - Area D The design involves drainage improvements to the Gardens District area along East Enid Drive, Sunrise Drive, Galen Drive, and Ocean Lane. The project addresses deciencies in the exltration and conveyance capacity of the existing drainage system. The goal of this project is to prevent ood related damage and allow emergency responders to be able to access the area under more severe wet conditions. Project Phase: Design Total Project Cost: $3,052,520 FY24 Funding Allocation: $3,052,520 FY24 Funding Sources: $305,052 – Stormwater fund, $2,747,268 – Hazard Mitigation Grant Program Install Stormwater Pump Back-up Generators Procure and install two generators as the emergency system for two pump stations to reduce and/or mitigate the damage that might otherwise occur from severe weather or other hazards. The two pump stations are located at Ocean Lane Drive and East Heather Drive. Back-up generators are used in the event of primary generator failure during a ood event. Project Phase: Procure and Install Total Project Cost: $190,790 FY24 Funding Allocation: $190,790 FY24 Funding Sources: $19,079 – FY23 carryforward funding, $171,711 – Hazard Mitigation Grant Program Extend Sewer Lines from Sewer Main Select areas of the Village are not connected to the main sewer line. This project would work with Miami- Dade Water and Sewer Department to connect these homes to the sewer line. Project Phase: Design and Construction Total Project Cost: $150,000 FY24 Funding Allocation: $150,000 FY24 Funding Sources: $150,000 – Miami-Dade Water and Sewer Department Reimbursement Test Stormwater Water Quality Improvement Technologies Pilot project testing two different stormwater system technologies designed to remove pollutants from stormwater runoff prior to entering Biscayne Bay. Project Phase: Monitoring Total Project Cost: $215,216 (portion of project completed in FY23) FY24 Funding Allocation: $134,578 FY24 Funding Sources: $23,759 – FY23 carryforward funding, $110,819 – Biscayne Bay Water Quality Grant (FDEP) Assess Green ROW Infrastructure Solutions Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 148 Test the effectiveness of green infrastructure in the form of bioswales in the rights-of-way for reducing pollutants in stormwater runoff prior to entering Biscayne Bay via outfalls. Project Phase: Design, Construction, Monitoring Total Project Cost: $650,000 FY24 Funding Allocation: $650,000 FY24 Funding Sources: $650,000 – Biscayne Bay Water Quality Grant (FDEP) Develop Feasibility Study for Offshore Submerged Barrier As a part of the Village’s shoreline protection efforts, the Village is pursuing innovative solutions for the persistent erosion experienced on the oceanside shoreline. An offshore submerged barrier would function as a hybrid coral reef habitat and also attenuate the wave energy hitting the beach which causes erosion. Project Phase: Study Total Project Cost: TBD FY24 Funding Allocation: $800,000 FY24 Funding Sources: $800,000 – NOAA Climate Resilience Regional Challenge Grant Public Safety Install Village Wide Security and Surveillance System Install access control system for Village facilities, cameras at beach access paths, and two new license plate readers (LPRs). Project Phase: Design and Construction Total Project Cost: $248,000 FY24 Funding Allocation: $248,000 FY24 Funding Sources: $98,000 – FY23 carryforward funding, $150,000 – General Fund Transportation Reconstruct Harbor and Fernwood Trafc Circle Redesign and construct improvements to the portion of Harbor Drive between Crandon Boulevard and Fernwood Road, including the trafc circle. Improvements will address trafc congestion and circulation issues in the area. Project Phase: Design and Construction Total Project Cost: TBD FY24 Funding Allocation: $500,000 FY24 Funding Sources: $500,000 – General Fund Improve Crandon Blvd Projects will optimize signal timings, improve multi-modal safety, and mitigate trafc along Crandon Blvd. Project Phase: Design and Construction Total Project Cost: On-going FY24 Funding Allocation: $480,000 FY24 Funding Sources: $200,000 – FY23 carryforward funding, $250,000 – Transportation Fund, $30,000 – Miami-Dade Transportation Planning Organization (TPO) grant. Construct Beach Access Path at Commodore Club South Design and construction of public beach access path from Ocean Lane Drive to the oceanside shoreline along the southern edge of the Commodore Club South property. This path is one of ve required by the Army Corps of Engineers for the Village to be included in the County’s shoreline protection program. Project Phase: Design and Construction Total Project Cost: $100,000 FY24 Funding Allocation: $100,000 FY24 Funding Sources: $100,000 – FY23 carryforward funding Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 149 Parks, Recreation and Open Space Replace Basketball Systems in Community Center Replace basketball hoop system in the community center gymnasium. The existing system consistently malfunctions. Project Phase: Construction Total Project Cost: $40,000 40,000 FY24 Funding Sources: $40,000 – FY23 carryforward funding Replace Lighting at St. Agnes Field Replace eld lights at St. Agnes School. The Village has an agreement with St. Agnes to maintain the athletic elds. The lighting at the elds is in need of replacement. Project Phase: Construction Total Project Cost: $273,900 FY24 Funding Allocation: $273,900 FY24 Funding Sources: $273,900– FY23 carryforward funding Rehabilitate Public Art Several public art pieces throughout the Village need major repair, replacement, and/or rehabilitation. This project would address at least one of the pieces’ needs. Project Phase: Rehabilitation Total Project Cost: $140,000 FY24 Funding Allocation: $140,000 FY24 Funding Sources: $140,000 – General Fund Replace Under-5 Playground on the Village Green Scope of work includes demolishing and removing the existing playground and designing and installing a new playground at Village Green Park for ages ve and under. The playground will be creative in design, incorporate engaging equipment, meet current industry safety standards, serve children 5 and under, and effectively use the existing footprint of the space. Project Phase: Design and Construction Total Project Cost: $200,000 FY24 Funding Allocation: $200,000 FY24 Funding Sources: $87,500 – FY23 carryforward funding, $112,500 – Florida Recreation Development Assistance Program (FRDAP) Grant Improve Beach Park Phase 1 Project will construct Phase 1 of the new design for Beach Park which was completed in FY23. Phase 1 includes renovating the pavilion, replacing the restroom buildings, removing the boardwalk ramp and repaving the central area of the park, among other improvements. Project Phase: Construction Total Project Cost: $825,000 FY24 Funding Allocation: $825,000 FY24 Funding Sources: $825,000 – FY23 carryforward funding Improve Key Biscayne K-8 Center School Outdoor Athletic Facilities Primarily replace basketball court surface and install adjustable basketball hoops, among other improvements. Project Phase: Construction Total Project Cost: $75,000 FY24 Funding Allocation: $75,000 FY24 Funding Sources: $75,000 – FY23 carryforward funding Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 150 Vehicles and Equipment Procure Two Fire Rescue Trucks  Purchase two re rescue trucks to replace two trucks that have reached the end of their useful life.  Project Phase: Procurement Total Project Cost: $1,200,000 FY24 Funding Allocation: $1,200,000 FY24 Funding Sources: $1,200,000 – General Fund Replace Village Fleet Vehicles Purchase four new police vehicles and receive two vehicles ordered in FY23 that will be delivered in FY24. Project Phase: Procurement Total Project Cost: $355,000 FY24 Funding Allocation: $355,000 FY24 Funding Sources: $105,000 – FY23 carryforward funding, $250,000 – General Fund Replace Telehandler Forklift Procure replacement telehandler forklift. Project Phase: Procurement Total Project Cost: $130,000 FY24 Funding Allocation: $130,000 FY24 Funding Sources: $130,000 – General Fund Procure Fire Department High Water Vehicle Purchase a high-water vehicle for the Fire Department. Project Phase: Procurement Total Project Cost: $95,000 FY24 Funding Allocation: $95,000 FY24 Funding Sources: $95,000 – Donation to the Fire Department Facilities Renovate Fire Station’s Women’s Locker Room and Restroom Renovation of the women’s locker room and restroom in the Fire Station will repair leaks and improve the functionality of the restroom for the re ghters. Project Phase: Construction Total Project Cost: $118,000 FY24 Funding Allocation: $118,000 FY24 Funding Sources: $118,000– FY23 carryforward funding Repair Community Center Roof Leaks have been identied and located and repairs will be made to the roof. Project Phase: Construction Total Project Cost: $45,000 FY24 Funding Allocation: $45,000 FY24 Funding Sources: $45,000– FY23 carryforward funding Improve Building Department Customer Service Areas The Building Department’s facilities including customer service areas and staff ofces will undergo reconguration to optimize the space now that the Village has converted to electronic plan review and document storage no longer needs to take up as much room. Additionally, the carpet will be replaced, walls will be repainted, solar panel design and installation will be performed, and the customer service area will also be updated.  Project Phase: Design Construction Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 151 Total Project Cost: $500,000 FY24 Funding Allocation: $375,000 FY24 Funding Sources: $375,000– Building Fund Update Village Civic Center Waynding and Signage Redesign, update, and replace signage in the Village’s Civic Center. Project Phase: Installation Total Project Cost: $50,000 FY24 Funding Allocation: $50,000 FY24 Funding Sources: $50,000– FY23 carryforward funding Table: FY24 Capital Improvement Plan Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 152 FY25 Capital Improvement Plan FY26 Capital Improvement Plan Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 153 FY27 Capital Improvement Plan FY28 Capital Improvement Plan Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 154 FY29 Capital Improvement Plan Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 155 APPENDIX Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 156 ATHLETICS REQUESTS Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 157 This requests information is generated from , Adopted Version. Improve Key Biscayne K-8 Center School Outdoor Athletic Facilities Overview Request Owner Todd Hofferberth, Director of Parks, Recreation, and Open Spaces Est. Start Date 03/04/2023 Est. Completion Date 09/30/2023 Department Athletics Type Capital Improvement Project Number 23CP03 Description The condition of the K-8 School athletic elds is deteriorating and needs to be rehabilitated. The Village and the school have an agreement where the Village is responsible for the elds. This project is a part of following through with that agreement. Details Type of Project Rehabilitation Project Category Parks and Recreation Priority 3 Location Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 158 Capital Cost Breakdown Capital Cost FY2024 Total Construction $75,000 $75,000 Total $75,000 $75,000 Capital Cost FY2024 Budget $75,000 Total Budget (all years) $75K Project Total $75K Capital Cost by Year (Adopted) Construction 2024 $75,000.00 $0 $20K $40K $60K Capital Cost for Budgeted Years (Adopted) TOTAL $75,000.00 Construction (100%)$75,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 159 Funding Sources Breakdown Funding Sources FY2024 Total FY23 Carryforward $75,000 $75,000 Total $75,000 $75,000 Funding Sources FY2024 Budget $75,000 Total Budget (all years) $75K Project Total $75K Funding Sources by Year (Adopted) FY23 Carryforward 2024 $75,000.00 $0 $20K $40K $60K Funding Sources for Budgeted Years (Adopted) TOTAL $75,000.00 FY23 Carryforward (100%)$75,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 160 This requests information is generated from , Adopted Version. Replace MAST Athletic Field Turf Overview Request Owner Colleen Blank Department Athletics Type Capital Improvement Description The project would replace the turf installed at MAST Academy in 2014 with a life expectancy of 8-10 years. The existing conditions are poor. In the past 6 years, the Village has seen a 30% increase in athletic program participation. During this same period, the eld space available for these programs has remained fundamentally unchanged. The Village gained signicant space when the MAST eld became available but lost a similar sized area when the Crandon Park elds and eld lights were removed. The increased demand has constrained our ability to provide additional eld allocation to our existing programs or add programs. Articial turf provides virtually unlimited eld use for our athletic programs, maximizing the access to playing elds and mitigating the Village’s lack of sufcient eld space. Details Type of Project Replacement Project Category Parks and Recreation Priority 1 Location Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 161 Capital Cost Breakdown Capital Cost FY2026 Total Construction $1,750,000 $1,750,000 Total $1,750,000 $1,750,000 Capital Cost Total Budget (all years) $1.75M Project Total $1.75M Capital Cost by Year (Adopted) Construction 2026 $1,750,000.00 $0 $500K $1M $1.5M Capital Cost for Budgeted Years (Adopted) TOTAL $1,750,000.00 Construction (100%)$1,750,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 162 Funding Sources Breakdown Funding Sources FY2026 Total General Fund $1,750,000 $1,750,000 Total $1,750,000 $1,750,000 Funding Sources Total Budget (all years) $1.75M Project Total $1.75M Funding Sources by Year (Adopted) General Fund 2026 $1,750,000.00 $0 $500K $1M $1.5M Funding Sources for Budgeted Years (Adopted) TOTAL $1,750,000.00 General Fund (100%)$1,750,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 163 This requests information is generated from , Adopted Version. Replace St. Agnes Athletic Field Turf Overview Request Owner Colleen Blank Est. Start Date 12/01/2022 Est. Completion Date 03/30/2023 Department Athletics Type Capital Improvement Description new turf and lighting Details Type of Project Replacement Project Category Parks and Recreation Location Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 164 Capital Cost Breakdown Capital Cost FY2025 Total Construction $1,250,000 $1,250,000 Total $1,250,000 $1,250,000 Capital Cost Total Budget (all years) $1.25M Project Total $1.25M Capital Cost by Year (Adopted) Construction 2025 $1,250,000.00 $0 $1.2M$300K $600K $900K Capital Cost for Budgeted Years (Adopted) TOTAL $1,250,000.00 Construction (100%)$1,250,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 165 Funding Sources Breakdown Funding Sources FY2025 Total General Fund $1,250,000 $1,250,000 Total $1,250,000 $1,250,000 Funding Sources Total Budget (all years) $1.25M Project Total $1.25M Funding Sources by Year (Adopted) General Fund 2025 $1,250,000.00 $0 $1.2M$300K $600K $900K Funding Sources for Budgeted Years (Adopted) TOTAL $1,250,000.00 General Fund (100%)$1,250,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 166 This requests information is generated from , Adopted Version. Replace Village Green Turf Fields Overview Request Owner Colleen Blank Department Athletics Type Capital Improvement Description In the past 6 years, the Village has seen a 30% increase in athletic program participation. During this same period, the eld space available for these programs has remained unchanged. The Village gained signicant space when the MAST eld became available but lost a similar sized area when the Crandon Park elds and eld lights were removed. Recently, the Village gained accessible space when the Key Biscayne K-8 elds and court were lit but lost similar space when the St. Agnes court was removed and the eld size was reduced. The increased demand combined with an unchanged inventory has constrained our ability to provide additional eld allocation to our existing programs or add programs. Articial turf provides virtually unlimited eld use for our athletic programs, maximizing access to playing elds and mitigating the impact of the Village’s limited eld space. Details Type of Project Replacement Project Category Parks and Recreation Location Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 167 Capital Cost Breakdown Capital Cost FY2027 Total Construction $3,000,000 $3,000,000 Total $3,000,000 $3,000,000 Capital Cost Total Budget (all years) $3M Project Total $3M Capital Cost by Year (Adopted) Construction 2027 $3,000,000.00 $0 $800K $1.6M $2.4M Capital Cost for Budgeted Years (Adopted) TOTAL $3,000,000.00 Construction (100%)$3,000,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 168 Funding Sources Breakdown Funding Sources FY2027 Total General Fund $3,000,000 $3,000,000 Total $3,000,000 $3,000,000 Funding Sources Total Budget (all years) $3M Project Total $3M Funding Sources by Year (Adopted) General Fund 2027 $3,000,000.00 $0 $800K $1.6M $2.4M Funding Sources for Budgeted Years (Adopted) TOTAL $3,000,000.00 General Fund (100%)$3,000,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 169 BUILDING REQUESTS Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 170 This requests information is generated from , Adopted Version. Renovate Building Department Customer Service Areas Overview Request Owner Colleen Blank Est. Start Date 05/01/2023 Est. Completion Date 09/21/2023 Department Building Type Capital Improvement Project Number 23CF05 Description Replace 20 year old carpet in the building services area. Average life expectancy is typically 7 years and may be up to 15 years when well- maintained. Existing carpet is well past its useful life. Details Type of Project Renovation Project Category Facilities Priority 5 Location Funding Sources Details Building fund Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 171 Capital Cost Breakdown Capital Cost FY2024 FY2025 FY2028 Total Construction $375,000 $125,000 $0 $500,000 Total $375,000 $125,000 $0 $500,000 Capital Cost FY2024 Budget $375,000 Total Budget (all years) $500K Project Total $500K Capital Cost by Year (Adopted) Construction 2024 2025 2028 $375,000.00 $125,000.00 $.0000 $0 $100K $200K $300K Capital Cost for Budgeted Years (Adopted) TOTAL $500,000.00 Construction (100%)$500,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 172 Funding Sources Breakdown Funding Sources FY2024 FY2025 FY2028 Total Building Fund $375,000 $125,000 $0 $500,000 Total $375,000 $125,000 $0 $500,000 Funding Sources FY2024 Budget $375,000 Total Budget (all years) $500K Project Total $500K Funding Sources by Year (Adopted) Building Fund 2024 2025 2028 $375,000.00 $125,000.00 $.0000 $0 $100K $200K $300K Funding Sources for Budgeted Years (Adopted) TOTAL $500,000.00 Building Fund (100%)$500,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 173 This requests information is generated from , Adopted Version. Replace Building Department Vehicle Overview Request Owner Colleen Blank Department Building Type Capital Equipment Project Number 22CG03 Description Scheduled replacement of one (1) building department vehicle every 3-4 years. There are two Building Department vehicles, one being 3 years older than the other.  Details Type of Project Replacement Project Category General/Equipment Useful Life 7 years Priority 3 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 174 Capital Cost Breakdown Capital Cost FY2026 FY2029 Total Purchase $50,000 $70,000 $120,000 Total $50,000 $70,000 $120,000 Capital Cost Total Budget (all years) $120K Project Total $120K Capital Cost by Year (Adopted) Purchase 2026 2029 $50,000.00 $70,000.00 $0 $20K $40K $60K Capital Cost for Budgeted Years (Adopted) TOTAL $120,000.00 Purchase (100%)$120,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 175 Funding Sources Breakdown Funding Sources FY2026 FY2029 Total General Fund $50,000 $70,000 $120,000 Total $50,000 $70,000 $120,000 Funding Sources Total Budget (all years) $120K Project Total $120K Funding Sources by Year (Adopted) General Fund 2026 2029 $50,000.00 $70,000.00 $0 $20K $40K $60K Funding Sources for Budgeted Years (Adopted) TOTAL $120,000.00 General Fund (100%)$120,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 176 COMMUNITY CENTER REQUESTS Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 177 This requests information is generated from , Adopted Version. Connect Community Center to Gravity Driven Sewer System Overview Request Owner Todd Hofferberth, Director of Parks, Recreation, and Open Spaces Department Community Center Type Capital Improvement Description The Key Biscayne Community Center (KBCC) was constructed before the adjacent sewer system was installed. For many years, the lift station failed frequently because people disposed of items in the toilets improperly, ooding the garage with contaminated uids and requiring extensive cleaning. If the facility experiences a power interruption, the bathrooms must be closed to avoid overowing the lift station. This would not be the case if KBCC was gravity fed to the system. The lift station area could be abandoned, allowing this space to become a useful storage area. The existing aging pump station will require ongoing maintenance and eventual replacement. The grinder pumps have been replaced twice, as well as other ongoing service disruptions. Details Type of Project Upgrade Project Category Facilities Location Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 178 Capital Cost Breakdown Capital Cost FY2026 Total Construction $110,000 $110,000 Total $110,000 $110,000 Capital Cost Total Budget (all years) $110K Project Total $110K Capital Cost by Year (Adopted) Construction 2026 $110,000.00 $0 $30K $60K $90K Capital Cost for Budgeted Years (Adopted) TOTAL $110,000.00 Construction (100%)$110,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 179 Funding Sources Breakdown Funding Sources FY2026 Total General Fund $110,000 $110,000 Total $110,000 $110,000 Funding Sources Total Budget (all years) $110K Project Total $110K Funding Sources by Year (Adopted) General Fund 2026 $110,000.00 $0 $30K $60K $90K Funding Sources for Budgeted Years (Adopted) TOTAL $110,000.00 General Fund (100%)$110,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 180 This requests information is generated from , Adopted Version. Convert Community Center to Solar Overview Request Owner Roland Samimy, Chief Resilience and Sustainability Ofcer Department Community Center Type Capital Improvement Description convert community center to solar Details Type of Project Renovation Project Category Facilities Location Funding Sources Details May be able to pursue microgrid funding Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 181 Capital Cost Breakdown Capital Cost FY2025 Total Construction $450,000 $450,000 Total $450,000 $450,000 Capital Cost Total Budget (all years) $450K Project Total $450K Capital Cost by Year (Adopted) Construction 2025 $450,000.00 $0 $120K $240K $360K Capital Cost for Budgeted Years (Adopted) TOTAL $450,000.00 Construction (100%)$450,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 182 Funding Sources Breakdown Funding Sources FY2025 Total General Fund $450,000 $450,000 Total $450,000 $450,000 Funding Sources Total Budget (all years) $450K Project Total $450K Funding Sources by Year (Adopted) General Fund 2025 $450,000.00 $0 $120K $240K $360K Funding Sources for Budgeted Years (Adopted) TOTAL $450,000.00 General Fund (100%)$450,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 183 This requests information is generated from , Adopted Version. Expand Community Center Overview Request Owner Todd Hofferberth, Director of Parks, Recreation, and Open Spaces Department Community Center Type Capital Improvement Description Expansion or renovation of existing community center to accommodate more programming and uses/. Details Type of Project New Construction Project Category Parks and Recreation Priority 4 Location Funding Sources Details Loan Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 184 This requests information is generated from , Adopted Version. Renovate Community Center's Gymnasium Floors Overview Request Owner Colleen Blank Department Community Center Type Capital Improvement Description  Renovate Community Center's Gymnasium Floors Details Type of Project Renovation Capital Cost Breakdown Capital Cost FY2029 Total Construction $500,000 $500,000 Total $500,000 $500,000 Capital Cost Total Budget (all years) $500K Project Total $500K Capital Cost by Year (Adopted) Construction 2029 $500,000.00 $0 $120K $240K $360K $480K Capital Cost for Budgeted Years (Adopted) TOTAL $500,000.00 Construction (100%)$500,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 185 Funding Sources Breakdown Funding Sources FY2029 Total General Fund $500,000 $500,000 Total $500,000 $500,000 Funding Sources Total Budget (all years) $500K Project Total $500K Funding Sources by Year (Adopted) General Fund 2029 $500,000.00 $0 $120K $240K $360K $480K Funding Sources for Budgeted Years (Adopted) TOTAL $500,000.00 General Fund (100%)$500,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 186 This requests information is generated from , Adopted Version. Repair and Rehab Community Center Overview Request Owner Angel Blanco, Superintendent Est. Start Date 10/17/2022 Est. Completion Date 08/31/2023 Department Community Center Type Capital Improvement Description Major repair and rehab of community center and facilities. Details Type of Project Rehabilitation Project Category Facilities Priority 2 Location Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 187 Capital Cost Breakdown Capital Cost FY2025 FY2028 Total Planning $250,000 $250,000 Construction $2,250,000 $3,000,000 $5,250,000 Total $2,500,000 $3,000,000 $5,500,000 Capital Cost Total Budget (all years) $5.5M Project Total $5.5M Capital Cost by Year (Adopted) Construction Planning 2025 2028 $2,500,000.00 $3,000,000.00 $0 $800K $1.6M $2.4M Capital Cost for Budgeted Years (Adopted) TOTAL $5,500,000.00 Construction (95%)$5,250,000.00 Planning (5%)$250,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 188 Funding Sources Breakdown Funding Sources FY2025 FY2028 Total General Fund $2,500,000 $3,000,000 $5,500,000 Total $2,500,000 $3,000,000 $5,500,000 Funding Sources Total Budget (all years) $5.5M Project Total $5.5M Funding Sources by Year (Adopted) General Fund 2025 2028 $2,500,000.00 $3,000,000.00 $0 $800K $1.6M $2.4M Funding Sources for Budgeted Years (Adopted) TOTAL $5,500,000.00 General Fund (100%)$5,500,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 189 This requests information is generated from , Adopted Version. Repair Community Center Roof Overview Request Owner Colleen Blank Department Community Center Type Capital Improvement Description Repair Community Center Roof Details Type of Project Rehabilitation Capital Cost Breakdown Capital Cost FY2024 Total Construction $45,000 $45,000 Total $45,000 $45,000 Capital Cost FY2024 Budget $45,000 Total Budget (all years) $45K Project Total $45K Capital Cost by Year (Adopted) Construction 2024 $45,000.00 $0 $12K $24K $36K Capital Cost for Budgeted Years (Adopted) TOTAL $45,000.00 Construction (100%)$45,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 190 Funding Sources Breakdown Funding Sources FY2024 Total FY23 Carryforward $45,000 $45,000 Total $45,000 $45,000 Funding Sources FY2024 Budget $45,000 Total Budget (all years) $45K Project Total $45K Funding Sources by Year (Adopted) FY23 Carryforward 2024 $45,000.00 $0 $12K $24K $36K Funding Sources for Budgeted Years (Adopted) TOTAL $45,000.00 FY23 Carryforward (100%)$45,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 191 This requests information is generated from , Adopted Version. Replace Basketball Systems in Community Center Overview Request Owner Colleen Blank Department Community Center Type Capital Improvement Description Community Center gymnasium basketball systems are not functioning properly and need to be replaced. They have reached their useful life. Details Type of Project Replacement Project Category Parks and Recreation Priority 3 Capital Cost Breakdown Capital Cost FY2024 Total Construction $40,000 $40,000 Total $40,000 $40,000 Capital Cost FY2024 Budget $40,000 Total Budget (all years) $40K Project Total $40K Capital Cost by Year (Adopted) Construction 2024 $40,000.00 $0 $10K $20K $30K $40K Capital Cost for Budgeted Years (Adopted) TOTAL $40,000.00 Construction (100%)$40,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 192 Funding Sources Breakdown Funding Sources FY2024 Total FY23 Carryforward $40,000 $40,000 Total $40,000 $40,000 Funding Sources FY2024 Budget $40,000 Total Budget (all years) $40K Project Total $40K Funding Sources by Year (Adopted) FY23 Carryforward 2024 $40,000.00 $0 $10K $20K $30K $40K Funding Sources for Budgeted Years (Adopted) TOTAL $40,000.00 FY23 Carryforward (100%)$40,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 193 This requests information is generated from , Adopted Version. Replace Community Center Cardio Equipment Overview Request Owner Colleen Blank Est. Start Date 10/03/2022 Est. Completion Date 03/31/2023 Department Community Center Type Capital Equipment Project Number 23CG02 Description Replace outdated cardio equipment in the Community Center gym. The existing equipment frequently malfunctions and is in need of replacement. Details Type of Project Replacement Project Category General/Equipment Useful Life 7 years Priority 3 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 194 Capital Cost Breakdown Capital Cost FY2028 Total Purchase $255,256 $255,256 Total $255,256 $255,256 Capital Cost Total Budget (all years) $255.256K Project Total $255.256K Capital Cost by Year (Adopted) Purchase 2028 $255,256.00 $0 $80K $160K $240K Capital Cost for Budgeted Years (Adopted) TOTAL $255,256.00 Purchase (100%)$255,256.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 195 Funding Sources Breakdown Funding Sources FY2028 Total General Fund $255,256 $255,256 Total $255,256 $255,256 Funding Sources Total Budget (all years) $255.256K Project Total $255.256K Funding Sources by Year (Adopted) General Fund 2028 $255,256.00 $0 $80K $160K $240K Funding Sources for Budgeted Years (Adopted) TOTAL $255,256.00 General Fund (100%)$255,256.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 196 This requests information is generated from , Adopted Version. Replace Community Center Generator Overview Request Owner Angel Blanco, Superintendent Department Community Center Type Capital Equipment Description replace community center generator Details Type of Project Replacement Project Category Facilities Priority 3 Capital Cost Breakdown Capital Cost FY2025 Total Purchase $250,000 $250,000 Total $250,000 $250,000 Capital Cost Total Budget (all years) $250K Project Total $250K Capital Cost by Year (Adopted) Purchase 2025 $250,000.00 $0 $240K$60K $120K $180K Capital Cost for Budgeted Years (Adopted) TOTAL $250,000.00 Purchase (100%)$250,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 197 Funding Sources Breakdown Funding Sources FY2025 Total General Fund $250,000 $250,000 Total $250,000 $250,000 Funding Sources Total Budget (all years) $250K Project Total $250K Funding Sources by Year (Adopted) General Fund 2025 $250,000.00 $0 $240K$60K $120K $180K Funding Sources for Budgeted Years (Adopted) TOTAL $250,000.00 General Fund (100%)$250,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 198 This requests information is generated from , Adopted Version. Replace Community Center Strength Equipment Overview Request Owner Colleen Blank Department Community Center Type Capital Equipment Description Regular replacement of weights and strength equipment. Details Type of Project Replacement Project Category General/Equipment Useful Life 8 years Priority 3 Capital Cost Breakdown Capital Cost FY2028 Total Purchase $400,000 $400,000 Total $400,000 $400,000 Capital Cost Total Budget (all years) $400K Project Total $400K Capital Cost by Year (Adopted) Purchase 2028 $400,000.00 $0 $100K $200K $300K $400K Capital Cost for Budgeted Years (Adopted) TOTAL $400,000.00 Purchase (100%)$400,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 199 Funding Sources Breakdown Funding Sources FY2028 Total General Fund $400,000 $400,000 Total $400,000 $400,000 Funding Sources Total Budget (all years) $400K Project Total $400K Funding Sources by Year (Adopted) General Fund 2028 $400,000.00 $0 $100K $200K $300K $400K Funding Sources for Budgeted Years (Adopted) TOTAL $400,000.00 General Fund (100%)$400,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 200 FIRE AND RESCUE REQUESTS Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 201 This requests information is generated from , Adopted Version. Improve Fire Rescue Training Tower Overview Request Owner Colleen Blank Department Fire and Rescue Type Capital Improvement Description Improve Fire Rescue Training Tower Details Type of Project Rehabilitation Capital Cost Breakdown Capital Cost FY2029 Total Construction $250,000 $250,000 Total $250,000 $250,000 Capital Cost Total Budget (all years) $250K Project Total $250K Capital Cost by Year (Adopted) Construction 2029 $250,000.00 $0 $240K$60K $120K $180K Capital Cost for Budgeted Years (Adopted) TOTAL $250,000.00 Construction (100%)$250,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 202 Funding Sources Breakdown Funding Sources FY2029 Total General Fund $250,000 $250,000 Total $250,000 $250,000 Funding Sources Total Budget (all years) $250K Project Total $250K Funding Sources by Year (Adopted) General Fund 2029 $250,000.00 $0 $240K$60K $120K $180K Funding Sources for Budgeted Years (Adopted) TOTAL $250,000.00 General Fund (100%)$250,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 203 This requests information is generated from , Adopted Version. Procure Fire Department High Water Vehicle Overview Request Owner Colleen Blank Department Fire and Rescue Type Capital Equipment Description Procure Fire Department High Water Vehicle Details Type of Project New Purchase Project Category General/Equipment Useful Life 7 years Capital Cost Breakdown Capital Cost FY2024 Total Purchase $95,000 $95,000 Total $95,000 $95,000 Capital Cost FY2024 Budget $95,000 Total Budget (all years) $95K Project Total $95K Capital Cost by Year (Adopted) Purchase 2024 $95,000.00 $0 $25K $50K $75K Capital Cost for Budgeted Years (Adopted) TOTAL $95,000.00 Purchase (100%)$95,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 204 Funding Sources Breakdown Funding Sources FY2024 Total Grant $95,000 $95,000 Total $95,000 $95,000 Funding Sources FY2024 Budget $95,000 Total Budget (all years) $95K Project Total $95K Funding Sources by Year (Adopted) Grant 2024 $95,000.00 $0 $25K $50K $75K Funding Sources for Budgeted Years (Adopted) TOTAL $95,000.00 Grant (100%)$95,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 205 This requests information is generated from , Adopted Version. Renovate Fire Station's Women's Locker Room Overview Request Owner Eric Lang, Fire Chief Est. Start Date 10/21/2022 Est. Completion Date 09/30/2023 Department Fire and Rescue Type Capital Improvement Project Number 23CF01 Description Currently, the restroom has a leak from the shower pain that results in water dripping into the apparatus room where the re trucks park. Project includes demolition of current outdated restroom, renovation of bathroom, purchase of material. Details Type of Project Renovation Project Category Facilities Priority 3 Location Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 206 Capital Cost Breakdown Capital Cost FY2024 Total Construction $118,000 $118,000 Total $118,000 $118,000 Capital Cost FY2024 Budget $118,000 Total Budget (all years) $118K Project Total $118K Capital Cost by Year (Adopted) Construction 2024 $118,000.00 $0 $30K $60K $90K Capital Cost for Budgeted Years (Adopted) TOTAL $118,000.00 Construction (100%)$118,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 207 Funding Sources Breakdown Funding Sources FY2024 Total FY23 Carryforward $118,000 $118,000 Total $118,000 $118,000 Funding Sources FY2024 Budget $118,000 Total Budget (all years) $118K Project Total $118K Funding Sources by Year (Adopted) FY23 Carryforward 2024 $118,000.00 $0 $30K $60K $90K Funding Sources for Budgeted Years (Adopted) TOTAL $118,000.00 FY23 Carryforward (100%)$118,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 208 This requests information is generated from , Adopted Version. Replace Cardiac Monitors Overview Request Owner Colleen Blank Department Fire and Rescue Type Capital Equipment Description Purchase four (4) new cardiac monitors to replace the existing monitors. New monitors will include annual preventive maintenance for a specied time frame. Cardiac monitors are an essential tool in the operations of the EMS division and one unit is placed on each response vehicle (KR1, KR2, KQ1 and KE2) Properly working units must be part of the resources available to all personnel continuously to quality as an ALS unit. This is crucial to providing the level of service that the Village has set as the standard. The technology has advanced that the new Cardiac Monitors provide. Details Type of Project Replacement Project Category General/Equipment Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 209 Capital Cost Breakdown Capital Cost FY2026 Total Purchase $150,000 $150,000 Total $150,000 $150,000 Capital Cost Total Budget (all years) $150K Project Total $150K Capital Cost by Year (Adopted) Purchase 2026 $150,000.00 $0 $40K $80K $120K Capital Cost for Budgeted Years (Adopted) TOTAL $150,000.00 Purchase (100%)$150,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 210 Funding Sources Breakdown Funding Sources FY2026 Total General Fund $150,000 $150,000 Total $150,000 $150,000 Funding Sources Total Budget (all years) $150K Project Total $150K Funding Sources by Year (Adopted) General Fund 2026 $150,000.00 $0 $40K $80K $120K Funding Sources for Budgeted Years (Adopted) TOTAL $150,000.00 General Fund (100%)$150,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 211 This requests information is generated from , Adopted Version. Replace Fire Engine (QUINT) Overview Request Owner Colleen Blank Department Fire and Rescue Type Capital Equipment Description new re engine QUINT Details Type of Project Replacement Project Category Public Safety Useful Life 7 years Capital Cost Breakdown Capital Cost FY2028 Total Purchase $2,500,000 $2,500,000 Total $2,500,000 $2,500,000 Capital Cost Total Budget (all years) $2.5M Project Total $2.5M Capital Cost by Year (Adopted) Purchase 2028 $2,500,000.00 $0 $2.4M$600K $1.2M $1.8M Capital Cost for Budgeted Years (Adopted) TOTAL $2,500,000.00 Purchase (100%)$2,500,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 212 Funding Sources Breakdown Funding Sources FY2028 Total General Fund $2,500,000 $2,500,000 Total $2,500,000 $2,500,000 Funding Sources Total Budget (all years) $2.5M Project Total $2.5M Funding Sources by Year (Adopted) General Fund 2028 $2,500,000.00 $0 $2.4M$600K $1.2M $1.8M Funding Sources for Budgeted Years (Adopted) TOTAL $2,500,000.00 General Fund (100%)$2,500,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 213 This requests information is generated from , Adopted Version. Replace Fire Fleet Vehicles Overview Request Owner Colleen Blank Department Fire and Rescue Type Capital Equipment Project Number 22CG04 Description Regular replacement of one (1) eet vehicle for the Fire Department. Details Type of Project Replacement Project Category General/Equipment Useful Life 7 years Priority 3 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 214 Capital Cost Breakdown Capital Cost FY2025 FY2026 FY2028 FY2029 Total Purchase $40,000 $55,000 $70,000 $70,000 $235,000 Total $40,000 $55,000 $70,000 $70,000 $235,000 Capital Cost Total Budget (all years) $235K Project Total $235K Capital Cost by Year (Adopted) Purchase 2025 2026 2028 2029 $40,000.00 $55,000.00 $70,000.00 $70,000.00 $0 $20K $40K $60K Capital Cost for Budgeted Years (Adopted) TOTAL $235,000.00 Purchase (100%)$235,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 215 Funding Sources Breakdown Funding Sources FY2025 FY2026 FY2028 FY2029 Total General Fund $40,000 $55,000 $70,000 $70,000 $235,000 Total $40,000 $55,000 $70,000 $70,000 $235,000 Funding Sources Total Budget (all years) $235K Project Total $235K Funding Sources by Year (Adopted) General Fund 2025 2026 2028 2029 $40,000.00 $55,000.00 $70,000.00 $70,000.00 $0 $20K $40K $60K Funding Sources for Budgeted Years (Adopted) TOTAL $235,000.00 General Fund (100%)$235,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 216 This requests information is generated from , Adopted Version. Replace Fire Station Apparatus Room Doors Overview Request Owner Colleen Blank Department Fire and Rescue Type Capital Improvement Description Replace all garage doors to include new hardware. The garage doors were installed in 2001 and have been maintained as needed. The doors have been damaged over the years and they are no longer making these doors. Any signicant damage requires a door to be custom made. When the current doors break, the glass is not tempered and this has been a safety concern. Details Type of Project Replacement Project Category Facilities Capital Cost Breakdown Capital Cost FY2028 Total Construction $350,000 $350,000 Total $350,000 $350,000 Capital Cost Total Budget (all years) $350K Project Total $350K Capital Cost by Year (Adopted) Construction 2028 $350,000.00 $0 $100K $200K $300K Capital Cost for Budgeted Years (Adopted) TOTAL $350,000.00 Construction (100%)$350,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 217 Funding Sources Breakdown Funding Sources FY2028 Total General Fund $350,000 $350,000 Total $350,000 $350,000 Funding Sources Total Budget (all years) $350K Project Total $350K Funding Sources by Year (Adopted) General Fund 2028 $350,000.00 $0 $100K $200K $300K Funding Sources for Budgeted Years (Adopted) TOTAL $350,000.00 General Fund (100%)$350,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 218 This requests information is generated from , Adopted Version. Replace Key Biscayne Fire Rescue Vehicle #1 Overview Request Owner Colleen Blank Department Fire and Rescue Type Capital Equipment Description The rescue units were built in 2013. They are currently not operable. The projected life span is from 5 to 7 years. The project involves procuring and outtting the two new rescue units. Details Type of Project Replacement Project Category Public Safety Useful Life 7 years Priority 3 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 219 Capital Cost Breakdown Capital Cost FY2024 Total Purchase $600,000 $600,000 Total $600,000 $600,000 Capital Cost FY2024 Budget $600,000 Total Budget (all years) $600K Project Total $600K Capital Cost by Year (Adopted) Purchase 2024 $600,000.00 $0 $150K $300K $450K $600K Capital Cost for Budgeted Years (Adopted) TOTAL $600,000.00 Purchase (100%)$600,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 220 Funding Sources Breakdown Funding Sources FY2024 Total General Fund $600,000 $600,000 Total $600,000 $600,000 Funding Sources FY2024 Budget $600,000 Total Budget (all years) $600K Project Total $600K Funding Sources by Year (Adopted) General Fund 2024 $600,000.00 $0 $150K $300K $450K $600K Funding Sources for Budgeted Years (Adopted) TOTAL $600,000.00 General Fund (100%)$600,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 221 This requests information is generated from , Adopted Version. Replace Key Biscayne Fire Rescue Vehicle #2 Overview Request Owner Eric Lang, Fire Chief Department Fire and Rescue Type Capital Equipment Description Replace aging re rescue vehicle. Details Type of Project Replacement Project Category General/Equipment Useful Life 7 years Priority 4 Funding Sources Details loan Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 222 Capital Cost Breakdown Capital Cost FY2024 Total Purchase $600,000 $600,000 Total $600,000 $600,000 Capital Cost FY2024 Budget $600,000 Total Budget (all years) $600K Project Total $600K Capital Cost by Year (Adopted) Purchase 2024 $600,000.00 $0 $150K $300K $450K $600K Capital Cost for Budgeted Years (Adopted) TOTAL $600,000.00 Purchase (100%)$600,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 223 Funding Sources Breakdown Funding Sources FY2024 Total General Fund $600,000 $600,000 Total $600,000 $600,000 Funding Sources FY2024 Budget $600,000 Total Budget (all years) $600K Project Total $600K Funding Sources by Year (Adopted) General Fund 2024 $600,000.00 $0 $150K $300K $450K $600K Funding Sources for Budgeted Years (Adopted) TOTAL $600,000.00 General Fund (100%)$600,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 224 This requests information is generated from , Adopted Version. Replace Rescue Stretchers Overview Request Owner Colleen Blank Department Fire and Rescue Type Capital Equipment Description Purchase two new stretchers for the new rescue purchase. New stretchers will include annual preventive maintenance for a specied time frame. The patient stretchers are essential tool in the operations of the EMS division. Properly working units must be part of the resources available to all personnel continuously. The proposed stretchers have power assisted functions that provide lifting assistance when loading and unloading patients. These stretchers will provide a safety features that will reduce injuries to responders. Details Type of Project Replacement Project Category General/Equipment Capital Cost Breakdown Capital Cost FY2028 Total Purchase $250,000 $250,000 Total $250,000 $250,000 Capital Cost Total Budget (all years) $250K Project Total $250K Capital Cost by Year (Adopted) Purchase 2028 $250,000.00 $0 $240K$60K $120K $180K Capital Cost for Budgeted Years (Adopted) TOTAL $250,000.00 Purchase (100%)$250,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 225 Funding Sources Breakdown Funding Sources FY2028 Total General Fund $250,000 $250,000 Total $250,000 $250,000 Funding Sources Total Budget (all years) $250K Project Total $250K Funding Sources by Year (Adopted) General Fund 2028 $250,000.00 $0 $240K$60K $120K $180K Funding Sources for Budgeted Years (Adopted) TOTAL $250,000.00 General Fund (100%)$250,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 226 PARKS AND RECREATION REQUESTS Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 227 This requests information is generated from , Adopted Version. Convert Park Lights to LED Overview Request Owner Todd Hofferberth, Director of Parks, Recreation, and Open Spaces Department Parks and Recreation Type Capital Improvement Description park lights to LED Details Type of Project Upgrade Project Category Facilities Capital Cost Breakdown Capital Cost FY2028 Total Construction $200,000 $200,000 Total $200,000 $200,000 Capital Cost Total Budget (all years) $200K Project Total $200K Capital Cost by Year (Adopted) Construction 2028 $200,000.00 $0 $50K $100K $150K $200K Capital Cost for Budgeted Years (Adopted) TOTAL $200,000.00 Construction (100%)$200,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 228 Funding Sources Breakdown Funding Sources FY2028 Total General Fund $200,000 $200,000 Total $200,000 $200,000 Funding Sources Total Budget (all years) $200K Project Total $200K Funding Sources by Year (Adopted) General Fund 2028 $200,000.00 $0 $50K $100K $150K $200K Funding Sources for Budgeted Years (Adopted) TOTAL $200,000.00 General Fund (100%)$200,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 229 This requests information is generated from , Adopted Version. Improve Beach Park Overview Request Owner Colleen Blank Est. Start Date 02/01/2022 Est. Completion Date 09/30/2025 Department Parks and Recreation Type Capital Improvement Project Number 22CP02 Description Beach park is the Village's only publicly owned beach front property. The park is for residents only and provides an oasis for passive recreation and connection to nature. The improvements focus on enhancing the existing elements in the park and improving the physical and visual connection to the beach. The new design includes regrading the west green space to allow for more types of programming, updating the splashpad, adding a nature-based playground, renovating the existing pavilion, and rebuilding the restroom facilities into one consolidated building. Images Paddleboard Rentals Beach View Details Type of Project Renovation Project Category Parks and Recreation Priority 2 Location Supplemental Attachments Scope of Work - Peacock Architects(/resource/cleargov-prod/projects/documents/6602a9c831dbec48fb6f.pdf) 30% Design Draft Documents(/resource/cleargov-prod/projects/documents/789834e7dd06be6e0a1c.pdf) Includes the draft site plan and options for a color pallet, splash pad, and playground. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 230 Capital Cost Breakdown Capital Cost FY2024 FY2025 Total Construction $825,000 $600,000 $1,425,000 Total $825,000 $600,000 $1,425,000 Capital Cost FY2024 Budget $825,000 Total Budget (all years) $1.425M Project Total $1.425M Capital Cost by Year (Adopted) Construction 2024 2025 $825,000.00 $600,000.00 $0 $200K $400K $600K $800K Capital Cost for Budgeted Years (Adopted) TOTAL $1,425,000.00 Construction (100%)$1,425,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 231 Funding Sources Breakdown Funding Sources FY2024 FY2025 Total General Fund $600,000 $600,000 FY23 Carryforward $825,000 $825,000 Total $825,000 $600,000 $1,425,000 Funding Sources FY2024 Budget $825,000 Total Budget (all years) $1.425M Project Total $1.425M Funding Sources by Year (Adopted) FY23 Carryforward General Fund 2024 2025 $825,000.00 $600,000.00 $0 $200K $400K $600K $800K Funding Sources for Budgeted Years (Adopted) TOTAL $1,425,000.00 FY23 Carryforward (58%)$825,000.00 General Fund (42%)$600,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 232 This requests information is generated from , Adopted Version. Improve Public Artwork Overview Request Owner Colleen Blank Est. Start Date 05/01/2023 Est. Completion Date 08/31/2023 Department Parks and Recreation Type Capital Improvement Project Number 23CP06 Description Public art is an important part of the Village of Key Biscayne. There are several existing artworks that are in need of major repair and a few new locations for additional public art. Details Type of Project Other Project Category Parks and Recreation Priority 5 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 233 Capital Cost Breakdown Capital Cost FY2024 FY2025 FY2026 FY2027 FY2028 FY2029 Total Construction $140,000 $150,000 $150,000 $160,000 $165,000 $170,000 $935,000 Total $140,000 $150,000 $150,000 $160,000 $165,000 $170,000 $935,000 Capital Cost FY2024 Budget $140,000 Total Budget (all years) $935K Project Total $935K Capital Cost by Year (Adopted) Construction 2024 2025 2026 2027 2028 2029 $140,000.00 $150,000.00 $150,000.00 $160,000.00 $165,000.00 $170,000.00 $0 $50K $100K $150K Capital Cost for Budgeted Years (Adopted) TOTAL $935,000.00 Construction (100%)$935,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 234 Funding Sources Breakdown Funding Sources FY2024 FY2025 FY2026 FY2027 FY2028 FY2029 Total General Fund $140,000 $150,000 $150,000 $160,000 $165,000 $170,000 $935,000 Total $140,000 $150,000 $150,000 $160,000 $165,000 $170,000 $935,000 Funding Sources FY2024 Budget $140,000 Total Budget (all years) $935K Project Total $935K Funding Sources by Year (Adopted) General Fund 2024 2025 2026 2027 2028 2029 $140,000.00 $150,000.00 $150,000.00 $160,000.00 $165,000.00 $170,000.00 $0 $50K $100K $150K Funding Sources for Budgeted Years (Adopted) TOTAL $935,000.00 General Fund (100%)$935,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 235 This requests information is generated from , Adopted Version. Mill and Repave Calusa Park Roadway Overview Request Owner Jake Ozyman, Public Works Director Department Parks and Recreation Type Capital Improvement Description repave pathway Details Type of Project Rehabilitation Project Category Transportation Location Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 236 Capital Cost Breakdown Capital Cost FY2028 Total Construction $300,000 $300,000 Total $300,000 $300,000 Capital Cost Total Budget (all years) $300K Project Total $300K Capital Cost by Year (Adopted) Construction 2028 $300,000.00 $0 $80K $160K $240K Capital Cost for Budgeted Years (Adopted) TOTAL $300,000.00 Construction (100%)$300,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 237 Funding Sources Breakdown Funding Sources FY2028 Total General Fund $300,000 $300,000 Total $300,000 $300,000 Funding Sources Total Budget (all years) $300K Project Total $300K Funding Sources by Year (Adopted) General Fund 2028 $300,000.00 $0 $80K $160K $240K Funding Sources for Budgeted Years (Adopted) TOTAL $300,000.00 General Fund (100%)$300,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 238 This requests information is generated from , Adopted Version. Renovate Beach Park Exterior Plaza Overview Request Owner Colleen Blank Department Parks and Recreation Type Capital Improvement Description exterior plaza outside of beach park entrance will be upgraded and redesigned. Details Type of Project Renovation Project Category Parks and Recreation Location Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 239 Capital Cost Breakdown Capital Cost FY2026 FY2027 Total Design $200,000 $200,000 Construction $1,500,000 $1,500,000 Total $200,000 $1,500,000 $1,700,000 Capital Cost Total Budget (all years) $1.7M Project Total $1.7M Capital Cost by Year (Adopted) Construction Design 2026 2027 $200,000.00 $1,500,000.00 $0 $400K $800K $1.2M Capital Cost for Budgeted Years (Adopted) TOTAL $1,700,000.00 Construction (88%)$1,500,000.00 Design (12%)$200,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 240 Funding Sources Breakdown Funding Sources FY2026 FY2027 Total General Fund $200,000 $1,500,000 $1,700,000 Total $200,000 $1,500,000 $1,700,000 Funding Sources Total Budget (all years) $1.7M Project Total $1.7M Funding Sources by Year (Adopted) General Fund 2026 2027 $200,000.00 $1,500,000.00 $0 $400K $800K $1.2M Funding Sources for Budgeted Years (Adopted) TOTAL $1,700,000.00 General Fund (100%)$1,700,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 241 This requests information is generated from , Adopted Version. Renovate Calusa Park Playhouse Overview Request Owner Colleen Blank Department Parks and Recreation Type Capital Improvement Description Renovate Calusa Park Playhouse Details Type of Project Renovation Capital Cost Breakdown Capital Cost FY2029 Total Design $500,000 $500,000 Construction $3,100,000 $3,100,000 Total $3,600,000 $3,600,000 Capital Cost Total Budget (all years) $3.6M Project Total $3.6M Capital Cost by Year (Adopted) Construction Design 2029 $3,600,000.00 $0 $1M $2M $3M Capital Cost for Budgeted Years (Adopted) TOTAL $3,600,000.00 Construction (86%)$3,100,000.00 Design (14%)$500,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 242 Funding Sources Breakdown Funding Sources FY2029 Total General Fund $2,000,000 $2,000,000 Grant $1,600,000 $1,600,000 Total $3,600,000 $3,600,000 Funding Sources Total Budget (all years) $3.6M Project Total $3.6M Funding Sources by Year (Adopted) General Fund Grant 2029 $3,600,000.00 $0 $1M $2M $3M Funding Sources for Budgeted Years (Adopted) TOTAL $3,600,000.00 General Fund (56%)$2,000,000.00 Grant (44%)$1,600,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 243 This requests information is generated from , Adopted Version. Renovate Village Green Bathroom Overview Request Owner Colleen Blank Est. Start Date 04/03/2023 Est. Completion Date 09/30/2023 Department Parks and Recreation Type Capital Improvement Project Number 23CP04 Description This project is for the design and construction of a new bathroom facility on the Village Green with storage capacity. The existing bathroom was opened in 1998 and lightly refurbished in 2015. The existing conditions are satisfactory, but not aligned with the community’s expectations. Details Type of Project Renovation Project Category Parks and Recreation Priority 4 Location Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 244 Capital Cost Breakdown Capital Cost FY2026 Total Construction $300,000 $300,000 Total $300,000 $300,000 Capital Cost Total Budget (all years) $300K Project Total $300K Capital Cost by Year (Adopted) Construction 2026 $300,000.00 $0 $80K $160K $240K Capital Cost for Budgeted Years (Adopted) TOTAL $300,000.00 Construction (100%)$300,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 245 Funding Sources Breakdown Funding Sources FY2026 Total General Fund $300,000 $300,000 Total $300,000 $300,000 Funding Sources Total Budget (all years) $300K Project Total $300K Funding Sources by Year (Adopted) General Fund 2026 $300,000.00 $0 $80K $160K $240K Funding Sources for Budgeted Years (Adopted) TOTAL $300,000.00 General Fund (100%)$300,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 246 This requests information is generated from , Adopted Version. Replace Parks and Recreation Bus Overview Request Owner Colleen Blank Department Parks and Recreation Type Capital Equipment Description buy new bus. Details Type of Project Replacement Project Category General/Equipment Useful Life 7 years Capital Cost Breakdown Capital Cost FY2028 Total Purchase $300,000 $300,000 Total $300,000 $300,000 Capital Cost Total Budget (all years) $300K Project Total $300K Capital Cost by Year (Adopted) Purchase 2028 $300,000.00 $0 $80K $160K $240K Capital Cost for Budgeted Years (Adopted) TOTAL $300,000.00 Purchase (100%)$300,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 247 Funding Sources Breakdown Funding Sources FY2028 Total General Fund $300,000 $300,000 Total $300,000 $300,000 Funding Sources Total Budget (all years) $300K Project Total $300K Funding Sources by Year (Adopted) General Fund 2028 $300,000.00 $0 $80K $160K $240K Funding Sources for Budgeted Years (Adopted) TOTAL $300,000.00 General Fund (100%)$300,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 248 This requests information is generated from , Adopted Version. Replace Parks Department Vehicle Overview Request Owner Colleen Blank Department Parks and Recreation Type Capital Equipment Description Scheduled replacement of one (1) Parks and Recreation vehicle every 7 years.  Details Type of Project Replacement Project Category General/Equipment Useful Life 7 years Capital Cost Breakdown Capital Cost FY2028 Total Purchase $62,000 $62,000 Total $62,000 $62,000 Capital Cost Total Budget (all years) $62K Project Total $62K Capital Cost by Year (Adopted) Purchase 2028 $62,000.00 $0 $60K$15K $30K $45K Capital Cost for Budgeted Years (Adopted) TOTAL $62,000.00 Purchase (100%)$62,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 249 Funding Sources Breakdown Funding Sources FY2028 Total General Fund $62,000 $62,000 Total $62,000 $62,000 Funding Sources Total Budget (all years) $62K Project Total $62K Funding Sources by Year (Adopted) General Fund 2028 $62,000.00 $0 $60K$15K $30K $45K Funding Sources for Budgeted Years (Adopted) TOTAL $62,000.00 General Fund (100%)$62,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 250 This requests information is generated from , Adopted Version. Replace Playground Equipment (over 5 area) Overview Request Owner Todd Hofferberth, Director of Parks, Recreation, and Open Spaces Est. Start Date 10/02/2023 Est. Completion Date 06/03/2024 Department Parks and Recreation Type Capital Improvement Description The project will remove and replace much of the existing playground equipment in the over-5 area of the Village’s playground. The over- 5 area was completely updated in 2007. The existing equipment has been discontinued and replacement parts are no longer available. There are safety concerns with the existing equipment that need to be addressed. Details Type of Project Replacement Project Category Parks and Recreation Priority 3 Location Funding Sources Details LWCF Grant - 50/50 cost share. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 251 Capital Cost Breakdown Capital Cost FY2025 Total Construction $500,000 $500,000 Total $500,000 $500,000 Capital Cost Total Budget (all years) $500K Project Total $500K Capital Cost by Year (Adopted) Construction 2025 $500,000.00 $0 $120K $240K $360K $480K Capital Cost for Budgeted Years (Adopted) TOTAL $500,000.00 Construction (100%)$500,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 252 Funding Sources Breakdown Funding Sources FY2025 Total General Fund $250,000 $250,000 Grant $250,000 $250,000 Total $500,000 $500,000 Funding Sources Total Budget (all years) $500K Project Total $500K Funding Sources by Year (Adopted) General Fund Grant 2025 $500,000.00 $0 $120K $240K $360K $480K Funding Sources for Budgeted Years (Adopted) TOTAL $500,000.00 General Fund (50%)$250,000.00 Grant (50%)$250,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 253 This requests information is generated from , Adopted Version. Replace Playground Equipment (Under 5) Overview Request Owner Colleen Blank Est. Start Date 03/01/2023 Est. Completion Date 07/28/2023 Department Parks and Recreation Type Capital Improvement Project Number 23CP02 Description The project will remove and replace much of the existing playground equipment in the under-5 area of the Village’s playground. The over-5 area was completely updated in 2007 and the splash pad will be updated in FY 22. The existing equipment has been discontinued and replacement parts are no longer available. There are safety concerns with the existing equipment that need to be addressed. Details Type of Project Replacement Project Category Parks and Recreation Priority 3 Location Funding Sources Details FRDAP ($112,500) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 254 Capital Cost Breakdown Capital Cost FY2024 Total Construction $200,000 $200,000 Total $200,000 $200,000 Capital Cost FY2024 Budget $200,000 Total Budget (all years) $200K Project Total $200K Capital Cost by Year (Adopted) Construction 2024 $200,000.00 $0 $50K $100K $150K $200K Capital Cost for Budgeted Years (Adopted) TOTAL $200,000.00 Construction (100%)$200,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 255 Funding Sources Breakdown Funding Sources FY2024 Total Grant $112,500 $112,500 FY23 Carryforward $87,500 $87,500 Total $200,000 $200,000 Funding Sources FY2024 Budget $200,000 Total Budget (all years) $200K Project Total $200K Funding Sources by Year (Adopted) FY23 Carryforward Grant 2024 $200,000.00 $0 $50K $100K $150K $200K Funding Sources for Budgeted Years (Adopted) TOTAL $200,000.00 FY23 Carryforward (44%)$87,500.00 Grant (56%)$112,500.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 256 This requests information is generated from , Adopted Version. Replace St. Agnes Field Lighting Overview Request Owner Colleen Blank Department Parks and Recreation Type Capital Improvement Description Replace St. Agnes Field Lighting Details Type of Project Replacement Capital Cost Breakdown Capital Cost FY2024 Total Construction $273,900 $273,900 Total $273,900 $273,900 Capital Cost FY2024 Budget $273,900 Total Budget (all years) $273.9K Project Total $273.9K Capital Cost by Year (Adopted) Construction 2024 $273,900.00 $0 $80K $160K $240K Capital Cost for Budgeted Years (Adopted) TOTAL $273,900.00 Construction (100%)$273,900.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 257 Funding Sources Breakdown Funding Sources FY2024 Total FY23 Carryforward $273,900 $273,900 Total $273,900 $273,900 Funding Sources FY2024 Budget $273,900 Total Budget (all years) $273.9K Project Total $273.9K Funding Sources by Year (Adopted) FY23 Carryforward 2024 $273,900.00 $0 $80K $160K $240K Funding Sources for Budgeted Years (Adopted) TOTAL $273,900.00 FY23 Carryforward (100%)$273,900.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 258 This requests information is generated from , Adopted Version. Replace Village Green Recreational Equipment Overview Request Owner Colleen Blank Est. Start Date 03/01/2023 Est. Completion Date 07/28/2023 Department Parks and Recreation Type Capital Improvement Project Number 23CP05 Description The project would install new equipment and surface the area with an appropriate and safe surface. The existing equipment is satisfactory but the natural surface below it is not acceptable. Details Type of Project Replacement Project Category Parks and Recreation Priority 4 Location Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 259 Capital Cost Breakdown Capital Cost FY2025 Total Construction $200,000 $200,000 Total $200,000 $200,000 Capital Cost Total Budget (all years) $200K Project Total $200K Capital Cost by Year (Adopted) Construction 2025 $200,000.00 $0 $50K $100K $150K $200K Capital Cost for Budgeted Years (Adopted) TOTAL $200,000.00 Construction (100%)$200,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 260 Funding Sources Breakdown Funding Sources FY2025 Total General Fund $87,500 $87,500 Grant $112,500 $112,500 Total $200,000 $200,000 Funding Sources Total Budget (all years) $200K Project Total $200K Funding Sources by Year (Adopted) General Fund Grant 2025 $200,000.00 $0 $50K $100K $150K $200K Funding Sources for Budgeted Years (Adopted) TOTAL $200,000.00 General Fund (44%)$87,500.00 Grant (56%)$112,500.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 261 POLICE REQUESTS Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 262 This requests information is generated from , Adopted Version. Install Village Wide Security and Surveillance System Overview Request Owner Frank Sousa, Police Chief Est. Start Date 09/01/2022 Est. Completion Date 09/30/2024 Department Police Type Capital Improvement Project Number 23CS01 Description Installation of a Village-Wide security and surveillance system including the system foundation and architecture, camera installation, and integration into existing CCTV systems. Primary locations for camera installation include the Village Green, public parks, civic center (Village Hall, Community Center, Fire Department, etc.) and other strategic locations. This system will support the Village's ongoing efforts to ensure a safe and secure community for its residents, businesses, and visitors. Details Type of Project New Construction Project Category Public Safety Priority 2 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 263 Capital Cost Breakdown Capital Cost FY2024 Total Construction $248,000 $248,000 Total $248,000 $248,000 Capital Cost FY2024 Budget $248,000 Total Budget (all years) $248K Project Total $248K Capital Cost by Year (Adopted) Construction 2024 $248,000.00 $0 $240K$60K $120K $180K Capital Cost for Budgeted Years (Adopted) TOTAL $248,000.00 Construction (100%)$248,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 264 Funding Sources Breakdown Funding Sources FY2024 Total General Fund $150,000 $150,000 FY23 Carryforward $98,000 $98,000 Total $248,000 $248,000 Funding Sources FY2024 Budget $248,000 Total Budget (all years) $248K Project Total $248K Funding Sources by Year (Adopted) FY23 Carryforward General Fund 2024 $248,000.00 $0 $240K$60K $120K $180K Funding Sources for Budgeted Years (Adopted) TOTAL $248,000.00 FY23 Carryforward (40%)$98,000.00 General Fund (60%)$150,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 265 This requests information is generated from , Adopted Version. Replace Village Fleet Vehicles Overview Request Owner Colleen Blank Department Police Type Capital Equipment Project Number 22CG01 Description Regular, scheduled replacement of ve (5) Village Police Fleet vehicles on a 7-year rotation. Overtime, this practice reduces vehicle maintenance costs. Details Type of Project Replacement Project Category General/Equipment Useful Life 7 years Priority 2 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 266 Capital Cost Breakdown Capital Cost FY2024 FY2025 FY2026 FY2027 FY2028 FY2029 Total Purchase $355,000 $300,000 $330,750 $350,000 $364,652 $400,000 $2,100,402 Total $355,000 $300,000 $330,750 $350,000 $364,652 $400,000 $2,100,402 Capital Cost FY2024 Budget $355,000 Total Budget (all years) $2.1M Project Total $2.1M Capital Cost by Year (Adopted) Purchase 2024 2025 2026 2027 2028 2029 $355,000.00 $300,000.00 $330,750.00 $350,000.00 $364,652.00 $400,000.00 $0 $100K $200K $300K $400K Capital Cost for Budgeted Years (Adopted) TOTAL $2,100,402.00 Purchase (100%)$2,100,402.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 267 Funding Sources Breakdown Funding Sources FY2024 FY2025 FY2026 FY2027 FY2028 FY2029 Total General Fund $250,000 $300,000 $330,750 $350,000 $364,652 $400,000 $1,995,402 FY23 Carryforward $105,000 $105,000 Total $355,000 $300,000 $330,750 $350,000 $364,652 $400,000 $2,100,402 Funding Sources FY2024 Budget $355,000 Total Budget (all years) $2.1M Project Total $2.1M Funding Sources by Year (Adopted) FY23 Carryforward General Fund 2024 2025 2026 2027 2028 2029 $355,000.00 $300,000.00 $330,750.00 $350,000.00 $364,652.00 $400,000.00 $0 $100K $200K $300K $400K Funding Sources for Budgeted Years (Adopted) TOTAL $2,100,402.00 FY23 Carryforward (5%)$105,000.00 General Fund (95%)$1,995,402.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 268 PUBLIC WORKS REQUESTS Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 269 This requests information is generated from , Adopted Version. Conduct USACE Back Bay and Beach Feasibility Study Overview Request Owner Roland Samimy, Chief Resilience and Sustainability Ofcer Department Public Works Type Capital Improvement Project Number 22CR04 Description Back Bay and Beach Study requested by USACE will require a local match. Details Type of Project Plan, study, report Project Category Resiliency Priority 1 Location Funding Sources Details County and USACE contributions. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 270 Capital Cost Breakdown Capital Cost FY2024 Total Planning $750,000 $750,000 Total $750,000 $750,000 Capital Cost FY2024 Budget $750,000 Total Budget (all years) $750K Project Total $750K Capital Cost by Year (Adopted) Planning 2024 $750,000.00 $0 $200K $400K $600K Capital Cost for Budgeted Years (Adopted) TOTAL $750,000.00 Planning (100%)$750,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 271 Funding Sources Breakdown Funding Sources FY2024 Total FY23 Carryforward $750,000 $750,000 Total $750,000 $750,000 Funding Sources FY2024 Budget $750,000 Total Budget (all years) $750K Project Total $750K Funding Sources by Year (Adopted) FY23 Carryforward 2024 $750,000.00 $0 $200K $400K $600K Funding Sources for Budgeted Years (Adopted) TOTAL $750,000.00 FY23 Carryforward (100%)$750,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 272 This requests information is generated from , Adopted Version. Construct Beach Access at Casa Del Mar Overview Request Owner Roland Samimy, Chief Resilience and Sustainability Ofcer Department Public Works Type Capital Improvement Description Renovate the beach access path to make it ADA compliant and safe for public use as a pre-requisite for inclusion in the USACE CSRM Program for shoreline protection. Bringing this beach access path online and accessible to the public along with the other two (Sands and Island House) is a critical requirement for inclusion in the USACE CSRM Program for shoreline protection. The Village needs to continue to show progress and commitment to the USACE team to not jeopardize its continued inclusion in the CSRM Program as it navigates the second waiver process. Details Type of Project Renovation Project Category Parks and Recreation Funding Sources Details CPI grant for construction Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 273 Capital Cost Breakdown Capital Cost FY2025 Total Construction $200,000 $200,000 Total $200,000 $200,000 Capital Cost Total Budget (all years) $200K Project Total $200K Capital Cost by Year (Adopted) Construction 2025 $200,000.00 $0 $50K $100K $150K $200K Capital Cost for Budgeted Years (Adopted) TOTAL $200,000.00 Construction (100%)$200,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 274 Funding Sources Breakdown Funding Sources FY2025 Total General Fund $200,000 $200,000 Total $200,000 $200,000 Funding Sources Total Budget (all years) $200K Project Total $200K Funding Sources by Year (Adopted) General Fund 2025 $200,000.00 $0 $50K $100K $150K $200K Funding Sources for Budgeted Years (Adopted) TOTAL $200,000.00 General Fund (100%)$200,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 275 This requests information is generated from , Adopted Version. Construct Beach Access Path at Commodore Club South Overview Request Owner Roland Samimy, Chief Resilience and Sustainability Ofcer Est. Start Date 11/16/2022 Est. Completion Date 05/25/2023 Department Public Works Type Capital Improvement Project Number 23CP01 Description Renovate the beach access path to make it ADA compliant and safe for public use as a pre-requisite for inclusion in the USACE CSRM Program for shoreline protection. Bringing this beach access path online and accessible to the public is a critical requirement for inclusion in the USACE CSRM Program for shoreline protection. Details Type of Project Renovation Project Category Parks and Recreation Priority 3 Location Supplemental Attachments Map of Beach Access Path at Island House(/resource/cleargov-prod/projects/documents/799c08caed7a63028f4d.pdf) Legal Description of Property(/resource/cleargov-prod/projects/documents/5b960975222e6fcdf6dc.pdf) Beach Access Path Survey(/resource/cleargov-prod/projects/documents/84bcaa5af7c391ce9ea2.pdf) Funding Sources Details Grant funding anticipated from the Coastal Partnerships Initiative Grant in FY2024 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 276 Capital Cost Breakdown Capital Cost FY2024 Total Construction $100,000 $100,000 Total $100,000 $100,000 Capital Cost FY2024 Budget $100,000 Total Budget (all years) $100K Project Total $100K Capital Cost by Year (Adopted) Construction 2024 $100,000.00 $0 $25K $50K $75K $100K Capital Cost for Budgeted Years (Adopted) TOTAL $100,000.00 Construction (100%)$100,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 277 Funding Sources Breakdown Funding Sources FY2024 Total FY23 Carryforward $100,000 $100,000 Total $100,000 $100,000 Funding Sources FY2024 Budget $100,000 Total Budget (all years) $100K Project Total $100K Funding Sources by Year (Adopted) FY23 Carryforward 2024 $100,000.00 $0 $25K $50K $75K $100K Funding Sources for Budgeted Years (Adopted) TOTAL $100,000.00 FY23 Carryforward (100%)$100,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 278 This requests information is generated from , Adopted Version. Construct Offshore Submerged Barrier / Hybrid Reef Overview Request Owner Roland Samimy, Chief Resilience and Sustainability Ofcer Est. Start Date 07/01/2024 Est. Completion Date 07/07/2028 Department Public Works Type Capital Improvement Description Hybrid articial reef technology to be deployed ocean-side of the Village to attenuate wave energy, causing erosion of the beach. Project includes the feasibility study, design, and construction of these structures. Project will support coral reef habitat propagation, reduce environmental impacts of beach renourishment, and reduce coastal erosion thereby protecting the Village from storm surge and rising sea levels. Details Type of Project New Construction Project Category Resiliency Location Funding Sources Details NCRF for planning portion and potentially design. Resilient Florida for feasibility study. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 279 Capital Cost Breakdown Capital Cost FY2024 FY2025 FY2027 Total Design $800,000 $600,000 $1,400,000 Construction $15,000,000 $15,000,000 Total $800,000 $600,000 $15,000,000 $16,400,000 Capital Cost FY2024 Budget $800,000 Total Budget (all years) $16.4M Project Total $16.4M Capital Cost by Year (Adopted) Construction Design 2024 2025 2027 $800,000.00 $600,000.00 $15,000,000.00 $0 $4M $8M $12M Capital Cost for Budgeted Years (Adopted) TOTAL $16,400,000.00 Construction (91%)$15,000,000.00 Design (9%)$1,400,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 280 Funding Sources Breakdown Funding Sources FY2024 FY2025 FY2027 Total Grant $800,000 $800,000 General Obligation Bond $600,000 $15,000,000 $15,600,000 Total $800,000 $600,000 $15,000,000 $16,400,000 Funding Sources FY2024 Budget $800,000 Total Budget (all years) $16.4M Project Total $16.4M Funding Sources by Year (Adopted) General Obligation Bond Grant 2024 2025 2027 $800,000.00 $600,000.00 $15,000,000.00 $0 $4M $8M $12M Funding Sources for Budgeted Years (Adopted) TOTAL $16,400,000.00 General Obligation Bond (95%)$15,600,000.00 Grant (5%)$800,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 281 This requests information is generated from , Adopted Version. Construct Zone 2 Overview Request Owner Roland Samimy, Chief Resilience and Sustainability Ofcer Department Public Works Type Capital Improvement Description Resilient Infrastructure zone 2 construction Details Type of Project New Construction Project Category Resiliency Capital Cost Breakdown Capital Cost FY2025 FY2026 FY2027 FY2028 Total Design $3,680,894 $3,680,894 $7,361,788 Construction $43,530,080 $30,087,803 $73,617,883 Total $3,680,894 $3,680,894 $43,530,080 $30,087,803 $80,979,671 Capital Cost Total Budget (all years) $80.98M Project Total $80.98M Capital Cost by Year (Adopted) Construction Design 2025 2026 2027 2028 $3,680,894.00 $3,680,894.00 $43,530,080.00 $30,087,803.00 $0 $12M $24M $36M Capital Cost for Budgeted Years (Adopted) TOTAL $80,979,671.00 Construction (91%)$73,617,883.00 Design (9%)$7,361,788.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 282 Funding Sources Breakdown Funding Sources FY2025 FY2026 FY2027 FY2028 Total General Fund $604,268 $604,268 $1,208,536 Clean Water SRF Loan $2,576,626 $2,576,626 $20,000,000 $28,587,803 $53,741,055 Grant $10,030,080 $10,030,080 WASD Reimbursement $500,000 $500,000 $1,500,000 $1,500,000 $4,000,000 General Obligation Bond $12,000,000 $12,000,000 Total $3,680,894 $3,680,894 $43,530,080 $30,087,803 $80,979,671 Funding Sources Total Budget (all years) $80.98M Project Total $80.98M Funding Sources by Year (Adopted) Clean Water SRF Loan General Fund General Obligation Bond Grant WASD Reimbursement 2025 2026 2027 2028 $3,680,894.00 $3,680,894.00 $43,530,080.00 $30,087,803.00 $0 $12M $24M $36M Funding Sources for Budgeted Years (Adopted) TOTAL $80,979,671.00 Clean Water SRF Loan (66%)$53,741,055.00 General Fund (1%)$1,208,536.00 General Obligation Bond (15%)$12,000,000.00 Grant (12%)$10,030,080.00 WASD Reimbursement (5%)$4,000,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 283 This requests information is generated from , Adopted Version. Construct Zone 3 Integrated Stormwater & Utility Project Overview Request Owner Roland Samimy, Chief Resilience and Sustainability Ofcer Department Public Works Type Capital Improvement Description Zone 3 of Resilient Infrastructure Project Details Type of Project Upgrade Project Category Resiliency Priority 1 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 284 Capital Cost Breakdown Capital Cost FY2027 FY2029 FY2030 Total Design $8,670,136 $8,670,136 Construction $51,201,354 $51,201,354 Total $8,670,136 $51,201,354 $59,871,490 Capital Cost Total Budget (all years) $59.871M Project Total $59.871M Capital Cost by Year (Adopted) Construction Design 2027 2029 2030 $8,670,136.00 $51,201,354.00 $.0000 $0 $15M $30M $45M Capital Cost for Budgeted Years (Adopted) TOTAL $59,871,490.00 Construction (86%)$51,201,354.00 Design (14%)$8,670,136.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 285 Funding Sources Breakdown Funding Sources FY2027 FY2029 FY2030 Total General Fund $1,101,041 $1,101,041 Clean Water SRF Loan $6,069,095 $30,222,894 $0 $36,291,989 Grant $11,978,460 $11,978,460 WASD Reimbursement $1,500,000 $2,000,000 $0 $3,500,000 General Obligation Bond $7,000,000 $0 $7,000,000 Total $8,670,136 $51,201,354 $0 $59,871,490 Funding Sources Total Budget (all years) $59.871M Project Total $59.871M Funding Sources by Year (Adopted) Clean Water SRF Loan General Fund General Obligation Bond Grant WASD Reimbursement 2027 2029 2030 $8,670,136.00 $51,201,354.00 $.0000 $0 $15M $30M $45M Funding Sources for Budgeted Years (Adopted) TOTAL $59,871,490.00 Clean Water SRF Loan (61%)$36,291,989.00 General Fund (2%)$1,101,041.00 General Obligation Bond (12%)$7,000,000.00 Grant (20%)$11,978,460.00 WASD Reimbursement (6%)$3,500,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 286 This requests information is generated from , Adopted Version. Convert Village Hall and Fire Department to LED Lighting Overview Request Owner Angel Blanco, Superintendent Department Public Works Type Capital Improvement Description convert facilities to LED Details Type of Project Upgrade Project Category Facilities Location Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 287 Capital Cost Breakdown Capital Cost FY2026 Total Construction $350,000 $350,000 Total $350,000 $350,000 Capital Cost Total Budget (all years) $350K Project Total $350K Capital Cost by Year (Adopted) Construction 2026 $350,000.00 $0 $100K $200K $300K Capital Cost for Budgeted Years (Adopted) TOTAL $350,000.00 Construction (100%)$350,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 288 Funding Sources Breakdown Funding Sources FY2026 Total General Fund $350,000 $350,000 Total $350,000 $350,000 Funding Sources Total Budget (all years) $350K Project Total $350K Funding Sources by Year (Adopted) General Fund 2026 $350,000.00 $0 $100K $200K $300K Funding Sources for Budgeted Years (Adopted) TOTAL $350,000.00 General Fund (100%)$350,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 289 This requests information is generated from , Adopted Version. Design and Construct Zone 1 (K-8) Overview Request Owner Roland Samimy, Chief Resilience and Sustainability Ofcer Est. Start Date 08/01/2022 Department Public Works Type Capital Improvement Project Number 22CR01 Description Design and construct K-8 stormwater basin improvements. Part of the overall resilient infrastructure plan. Includes both green and gray infrastructure solutions.   Details Type of Project Upgrade Project Category Resiliency Priority 1 Location Supplemental Attachments Resolution for Design Criteria Package(/resource/cleargov-prod/projects/documents/4bf8b11e5708c218d9f6.pdf) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 290 Capital Cost Breakdown Capital Cost FY2024 FY2025 Total Design $5,078,606 $5,078,606 Construction $34,964,690 $34,964,690 Total $5,078,606 $34,964,690 $40,043,296 Capital Cost FY2024 Budget $5,078,606 Total Budget (all years) $40.043M Project Total $40.043M Capital Cost by Year (Adopted) Construction Design 2024 2025 $5,078,606.00 $34,964,690.00 $0 $10M $20M $30M Capital Cost for Budgeted Years (Adopted) TOTAL $40,043,296.00 Construction (87%)$34,964,690.00 Design (13%)$5,078,606.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 291 Funding Sources Breakdown Funding Sources FY2024 FY2025 Total Clean Water SRF Loan $3,492,980 $20,000,000 $23,492,980 Grant $885,626 $2,464,690 $3,350,316 WASD Reimbursement $600,000 $2,500,000 $3,100,000 General Obligation Bond $10,000,000 $10,000,000 FY23 Carryforward $100,000 $100,000 Total $5,078,606 $34,964,690 $40,043,296 Funding Sources FY2024 Budget $5,078,606 Total Budget (all years) $40.043M Project Total $40.043M Funding Sources by Year (Adopted) Clean Water SRF Loan FY23 Carryforward General Obligation Bond Grant WASD Reimbursement 2024 2025 $5,078,606.00 $34,964,690.00 $0 $10M $20M $30M Funding Sources for Budgeted Years (Adopted) TOTAL $40,043,296.00 Clean Water SRF Loan (59%)$23,492,980.00 FY23 Carryforward (0%)$100,000.00 General Obligation Bond (25%)$10,000,000.00 Grant (8%)$3,350,316.00 WASD Reimbursement (8%)$3,100,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 292 This requests information is generated from , Adopted Version. Develop Beach Raker Parking Facility Overview Request Owner Jake Ozyman, Public Works Director Est. Start Date 11/04/2022 Est. Completion Date 06/30/2023 Department Public Works Type Capital Improvement Project Number 23CF03 Description The beach raker equipment is currently located at Beach Park, the Village's only park with beach access. A new location for storing this equipment is needed to better utilize the park space and reduce the impact of this equipment on the dune line.  Details Type of Project New Construction Project Category Facilities Priority 4 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 293 Capital Cost Breakdown Capital Cost FY2028 Total Construction $75,000 $75,000 Total $75,000 $75,000 Capital Cost Total Budget (all years) $75K Project Total $75K Capital Cost by Year (Adopted) Construction 2028 $75,000.00 $0 $20K $40K $60K Capital Cost for Budgeted Years (Adopted) TOTAL $75,000.00 Construction (100%)$75,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 294 Funding Sources Breakdown Funding Sources FY2028 Total General Fund $75,000 $75,000 Total $75,000 $75,000 Funding Sources Total Budget (all years) $75K Project Total $75K Funding Sources by Year (Adopted) General Fund 2028 $75,000.00 $0 $20K $40K $60K Funding Sources for Budgeted Years (Adopted) TOTAL $75,000.00 General Fund (100%)$75,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 295 This requests information is generated from , Adopted Version. Develop Streetscape Design Guidelines Overview Request Owner Colleen Blank Department Public Works Type Capital Improvement Description Develop Streetscape Design Guidelines Details Type of Project Plan, study, report Project Category Transportation Priority 3 Capital Cost Breakdown Capital Cost FY2025 Total Planning $200,000 $200,000 Total $200,000 $200,000 Capital Cost Total Budget (all years) $200K Project Total $200K Capital Cost by Year (Adopted) Planning 2025 $200,000.00 $0 $50K $100K $150K $200K Capital Cost for Budgeted Years (Adopted) TOTAL $200,000.00 Planning (100%)$200,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 296 Funding Sources Breakdown Funding Sources FY2025 Total General Fund $200,000 $200,000 Total $200,000 $200,000 Funding Sources Total Budget (all years) $200K Project Total $200K Funding Sources by Year (Adopted) General Fund 2025 $200,000.00 $0 $50K $100K $150K $200K Funding Sources for Budgeted Years (Adopted) TOTAL $200,000.00 General Fund (100%)$200,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 297 This requests information is generated from , Adopted Version. Extend Sewer Lines from Sewer Main Overview Request Owner Jake Ozyman, Public Works Director Department Public Works Type Capital Improvement Project Number 23CR06 Description Completing the Village's nal septic to sewer conversions requires connecting the homes that are on septic to the Village's sewer system. Details Type of Project New Construction Project Category Resiliency Priority 4 Location Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 298 Capital Cost Breakdown Capital Cost FY2024 Total Construction $150,000 $150,000 Total $150,000 $150,000 Capital Cost FY2024 Budget $150,000 Total Budget (all years) $150K Project Total $150K Capital Cost by Year (Adopted) Construction 2024 $150,000.00 $0 $40K $80K $120K Capital Cost for Budgeted Years (Adopted) TOTAL $150,000.00 Construction (100%)$150,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 299 Funding Sources Breakdown Funding Sources FY2024 Total WASD Reimbursement $150,000 $150,000 Total $150,000 $150,000 Funding Sources FY2024 Budget $150,000 Total Budget (all years) $150K Project Total $150K Funding Sources by Year (Adopted) WASD Reimbursement 2024 $150,000.00 $0 $40K $80K $120K Funding Sources for Budgeted Years (Adopted) TOTAL $150,000.00 WASD Reimbursement (100%)$150,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 300 This requests information is generated from , Adopted Version. Formulate and Promote Resilient Infrastructure and Adaptation Program Overview Request Owner Roland Samimy, Chief Resilience and Sustainability Ofcer Est. Start Date 07/01/2022 Est. Completion Date 05/31/2024 Department Public Works Type Capital Improvement Project Number 22CR02 Description Complete strategic plan and implementation plan for all resilient infrastructure improvements in the Village including shoreline protection, utility hardening/undergrounding, stormwater system improvements, and raising roadways. Details Type of Project Plan, study, report Project Category Resiliency Priority 1 Location Funding Sources Details Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 301 Capital Cost Breakdown Capital Cost FY2024 Total Planning $1,630,194 $1,630,194 Total $1,630,194 $1,630,194 Capital Cost FY2024 Budget $1,630,194 Total Budget (all years) $1.63M Project Total $1.63M Capital Cost by Year (Adopted) Planning 2024 $1,630,194.00 $0 $400K $800K $1.2M $1.6M Capital Cost for Budgeted Years (Adopted) TOTAL $1,630,194.00 Planning (100%)$1,630,194.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 302 Funding Sources Breakdown Funding Sources FY2024 Total General Fund $130,000 $130,000 Clean Water SRF Loan $570,194 $570,194 Grant $330,000 $330,000 Stormwater Fund $100,000 $100,000 FY23 Carryforward $500,000 $500,000 Total $1,630,194 $1,630,194 Funding Sources FY2024 Budget $1,630,194 Total Budget (all years) $1.63M Project Total $1.63M Funding Sources by Year (Adopted) Clean Water SRF Loan FY23 Carryforward General Fund Grant Stormwater Fund 2024 $1,630,194.00 $0 $400K $800K $1.2M $1.6M Funding Sources for Budgeted Years (Adopted) TOTAL $1,630,194.00 Clean Water SRF Loan (35%)$570,194.00 FY23 Carryforward (31%)$500,000.00 General Fund (8%)$130,000.00 Grant (20%)$330,000.00 Stormwater Fund (6%)$100,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 303 This requests information is generated from , Adopted Version. Improve Crandon Blvd Overview Request Owner Jake Ozyman, Public Works Director Est. Start Date 01/01/2022 Est. Completion Date 09/30/2024 Department Public Works Type Capital Improvement Project Number 22CT01 Description Crandon Blvd is the main road through the Village, connecting the Village to the mainland. The roadway conguration needs to be updated to reect new conditions. Pedestrian and bicycle improvements will be incorporated, along with updated signal timings and intersections. Images Crandon Boulevard Vision Plan Section Village Street Network Map Details Type of Project Upgrade Project Category Transportation Priority 1 Location Supplemental Attachments 30% Design Crandon SOW(/resource/cleargov-prod/projects/documents/d300607d00d960f0be07.pdf) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 304 Capital Cost Breakdown Capital Cost FY2024 FY2025 FY2026 FY2027 FY2029 Total Construction $480,000 $3,250,000 $5,000,000 $5,250,000 $6,000,000 $19,980,000 Total $480,000 $3,250,000 $5,000,000 $5,250,000 $6,000,000 $19,980,000 Capital Cost FY2024 Budget $480,000 Total Budget (all years) $19.98M Project Total $19.98M Capital Cost by Year (Adopted) Construction 2024 2025 2026 2027 2029 $480,000.00 $3,250,000.00 $5,000,000.00 $5,250,000.00 $6,000,000.00 $0 $1.5M $3M $4.5M $6M Capital Cost for Budgeted Years (Adopted) TOTAL $19,980,000.00 Construction (100%)$19,980,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 305 Funding Sources Breakdown Funding Sources FY2024 FY2025 FY2026 FY2027 FY2029 Total General Fund $3,000,000 $2,750,000 $3,000,000 $3,750,000 $12,500,000 Grant $30,000 $2,000,000 $2,000,000 $2,000,000 $6,030,000 FY23 Carryforward $200,000 $200,000 Transportation Fund $250,000 $250,000 $250,000 $250,000 $250,000 $1,250,000 Total $480,000 $3,250,000 $5,000,000 $5,250,000 $6,000,000 $19,980,000 Funding Sources FY2024 Budget $480,000 Total Budget (all years) $19.98M Project Total $19.98M Funding Sources by Year (Adopted) FY23 Carryforward General Fund Grant Transportation Fund 2024 2025 2026 2027 2029 $480,000.00 $3,250,000.00 $5,000,000.00 $5,250,000.00 $6,000,000.00 $0 $1.5M $3M $4.5M $6M Funding Sources for Budgeted Years (Adopted) TOTAL $19,980,000.00 FY23 Carryforward (1%)$200,000.00 General Fund (63%)$12,500,000.00 Grant (30%)$6,030,000.00 Transportation Fund (6%)$1,250,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 306 This requests information is generated from , Adopted Version. Improve Village Wide Irrigation Systems Overview Request Owner Angel Blanco, Superintendent Department Public Works Type Capital Improvement Description The project will retrot a broad range of irrigation hardware as well as add ow sensors, moisture sensors and controllers to maximize the efciency of the system, reduce consumption and decrease water expense incurred by the Village. This project is in line with the Village’s commitment to mitigation alongside adaptation and resilience. It is consistent with the 2014 sustainability plan to increase water conservation and reduce the Villages environmental foot print. This will also align the Village’s irrigation operation to its irrigation conservation ordinance. Based on 2020 water consumption, the Village currently used 28.9 million gallons of water at a cost of $164,360.35. Implementing the retrot could save the Village approximately $65,000/year. Details Type of Project Upgrade Project Category Facilities Funding Sources Details SFWMD grant Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 307 Capital Cost Breakdown Capital Cost FY2028 Total Construction $400,000 $400,000 Total $400,000 $400,000 Capital Cost Total Budget (all years) $400K Project Total $400K Capital Cost by Year (Adopted) Construction 2028 $400,000.00 $0 $100K $200K $300K $400K Capital Cost for Budgeted Years (Adopted) TOTAL $400,000.00 Construction (100%)$400,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 308 Funding Sources Breakdown Funding Sources FY2028 Total General Fund $400,000 $400,000 Total $400,000 $400,000 Funding Sources Total Budget (all years) $400K Project Total $400K Funding Sources by Year (Adopted) General Fund 2028 $400,000.00 $0 $100K $200K $300K $400K Funding Sources for Budgeted Years (Adopted) TOTAL $400,000.00 General Fund (100%)$400,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 309 This requests information is generated from , Adopted Version. Install and Assess Green Infrastructure Solutions Overview Request Owner Jake Ozyman, Public Works Director Est. Start Date 07/03/2023 Est. Completion Date 09/30/2024 Department Public Works Type Capital Improvement Project Number 23CR01 Description This project will install green infrastructure along the right?of?way of a ood prone corridor along West Heather Drive from Allendale to Palmwood. This project will test materials, designs, and congurations of green infrastructure to inform the design of the system Village? wide. The Village will test water samples to determine the degree to which green infrastructure like bioswales, porous materials, and native plants improves water quality discharging through outfalls into Biscayne Bay. Details Type of Project Upgrade Project Category Resiliency Priority 2 Location Funding Sources Details Biscayne Bay Grant - $650K Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 310 Capital Cost Breakdown Capital Cost FY2024 Total Construction $650,000 $650,000 Total $650,000 $650,000 Capital Cost FY2024 Budget $650,000 Total Budget (all years) $650K Project Total $650K Capital Cost by Year (Adopted) Construction 2024 $650,000.00 $0 $200K $400K $600K Capital Cost for Budgeted Years (Adopted) TOTAL $650,000.00 Construction (100%)$650,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 311 Funding Sources Breakdown Funding Sources FY2024 Total Grant $650,000 $650,000 Total $650,000 $650,000 Funding Sources FY2024 Budget $650,000 Total Budget (all years) $650K Project Total $650K Funding Sources by Year (Adopted) Grant 2024 $650,000.00 $0 $200K $400K $600K Funding Sources for Budgeted Years (Adopted) TOTAL $650,000.00 Grant (100%)$650,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 312 This requests information is generated from , Adopted Version. Install Stormwater Pump Station Back-up Generators Overview Request Owner Jake Ozyman, Public Works Director Est. Start Date 10/31/2022 Est. Completion Date 01/18/2023 Department Public Works Type Capital Improvement Project Number 23CR03 Description Stormwater pump back up generators are a necessary part of the Village's resiliency. At times, the primary energy source for these pumps fails. Back-up generators are the second line of defense to ensure the pumps continue to operate during rain events, preventing ooding on roadways and properties that ultimately threatens safety and property. Details Type of Project Replacement Project Category Resiliency Priority 2 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 313 Capital Cost Breakdown Capital Cost FY2024 Total Construction $190,790 $190,790 Total $190,790 $190,790 Capital Cost FY2024 Budget $190,790 Total Budget (all years) $190.79K Project Total $190.79K Capital Cost by Year (Adopted) Construction 2024 $190,790.00 $0 $50K $100K $150K Capital Cost for Budgeted Years (Adopted) TOTAL $190,790.00 Construction (100%)$190,790.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 314 Funding Sources Breakdown Funding Sources FY2024 Total Grant $171,711 $171,711 FY23 Carryforward $19,079 $19,079 Total $190,790 $190,790 Funding Sources FY2024 Budget $190,790 Total Budget (all years) $190.79K Project Total $190.79K Funding Sources by Year (Adopted) FY23 Carryforward Grant 2024 $190,790.00 $0 $50K $100K $150K Funding Sources for Budgeted Years (Adopted) TOTAL $190,790.00 FY23 Carryforward (10%)$19,079.00 Grant (90%)$171,711.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 315 This requests information is generated from , Adopted Version. Monitor Beach and Dunes Overview Request Owner Roland Samimy, Chief Resilience and Sustainability Ofcer Est. Start Date 07/01/2022 Est. Completion Date 10/01/2029 Department Public Works Type Capital Improvement Project Number 22CR05 Description Renourishment of the beach and dunes occurs every four to ve years. Annual monitoring is required as a part of the permit for the renourishment. This monitoring cost is split between a beach management assistance grant and the Village. Details Type of Project Plan, study, report Project Category Resiliency Priority 2 Location Funding Sources Details Beach Management Assistance Grant Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 316 Capital Cost Breakdown Capital Cost FY2024 FY2025 FY2026 FY2027 FY2028 FY2029 Total Planning $200,000 $200,000 $200,000 $200,000 $200,000 $1,000,000 Other $200,000 $200,000 Total $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $1,200,000 Capital Cost FY2024 Budget $200,000 Total Budget (all years) $1.2M Project Total $1.2M Capital Cost by Year (Adopted) Other Planning 2024 2025 2026 2027 2028 2029 $200,000.00 $200,000.00 $200,000.00 $200,000.00 $200,000.00 $200,000.00 $0 $50K $100K $150K $200K Capital Cost for Budgeted Years (Adopted) TOTAL $1,200,000.00 Other (17%)$200,000.00 Planning (83%)$1,000,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 317 Funding Sources Breakdown Funding Sources FY2024 FY2025 FY2026 FY2027 FY2028 FY2029 Total General Fund $200,000 $200,000 $200,000 $200,000 $200,000 $1,000,000 FY23 Carryforward $200,000 $200,000 Total $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $1,200,000 Funding Sources FY2024 Budget $200,000 Total Budget (all years) $1.2M Project Total $1.2M Funding Sources by Year (Adopted) FY23 Carryforward General Fund 2024 2025 2026 2027 2028 2029 $200,000.00 $200,000.00 $200,000.00 $200,000.00 $200,000.00 $200,000.00 $0 $50K $100K $150K $200K Funding Sources for Budgeted Years (Adopted) TOTAL $1,200,000.00 FY23 Carryforward (17%)$200,000.00 General Fund (83%)$1,000,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 318 This requests information is generated from , Adopted Version. Perform Immediate Flood Control & Mitigation Area D Overview Request Owner Colleen Blank Department Public Works Type Capital Improvement Description Perform Immediate Flood Control & Mitigation Area D Details Type of Project Upgrade Priority 2 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 319 Capital Cost Breakdown Capital Cost FY2024 Total Design $305,252 $305,252 Construction $2,747,268 $2,747,268 Total $3,052,520 $3,052,520 Capital Cost FY2024 Budget $3,052,520 Total Budget (all years) $3.053M Project Total $3.053M Capital Cost by Year (Adopted) Construction Design 2024 $3,052,520.00 $0 $800K $1.6M $2.4M Capital Cost for Budgeted Years (Adopted) TOTAL $3,052,520.00 Construction (90%)$2,747,268.00 Design (10%)$305,252.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 320 Funding Sources Breakdown Funding Sources FY2024 Total Grant $2,747,268 $2,747,268 Stormwater Fund $305,252 $305,252 Total $3,052,520 $3,052,520 Funding Sources FY2024 Budget $3,052,520 Total Budget (all years) $3.053M Project Total $3.053M Funding Sources by Year (Adopted) Grant Stormwater Fund 2024 $3,052,520.00 $0 $800K $1.6M $2.4M Funding Sources for Budgeted Years (Adopted) TOTAL $3,052,520.00 Grant (90%)$2,747,268.00 Stormwater Fund (10%)$305,252.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 321 This requests information is generated from , Adopted Version. Perform Immediate Flood Control and Mitigation Areas A, B, C, & E Overview Request Owner Jake Ozyman, Public Works Director Est. Start Date 07/30/2023 Est. Completion Date 07/30/2024 Department Public Works Type Capital Improvement Project Number 23CR02 Description Due to its proximity to Biscayne Bay and the Atlantic Ocean, the Village’s stormwater management system is completely inuenced by tidal waters and high groundwater levels, which present a signicant challenge for the 50-year-old stormwater drainage system. These factors produce frequent ood events, keeping residents and workers from using the roadways and accessing goods and services. The Village is developing and designing a long-term, comprehensive, resilient infrastructure plan. However, residents need immediate relief. To quickly address ooding, the proposed project will identify several frequently ooded roadways and perform high impact improvements such as curbing catch basins to keep debris from clogging the system, regrading roadways to better direct stormwater to the system, and installing green infrastructure like swales and rain gardens in the rights-of-way to slow the percolation of rainwater into the system. These solutions are intended to have an immediate impact on the residents of Key Biscayne in high-need areas. Details Type of Project Upgrade Project Category Resiliency Priority 2 Funding Sources Details Stormwater Revenue Fund Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 322 Capital Cost Breakdown Capital Cost FY2024 Total Construction $1,150,000 $1,150,000 Total $1,150,000 $1,150,000 Capital Cost FY2024 Budget $1,150,000 Total Budget (all years) $1.15M Project Total $1.15M Capital Cost by Year (Adopted) Construction 2024 $1,150,000.00 $0 $300K $600K $900K Capital Cost for Budgeted Years (Adopted) TOTAL $1,150,000.00 Construction (100%)$1,150,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 323 Funding Sources Breakdown Funding Sources FY2024 Total Appropriation (State/Federal)$450,000 $450,000 FY23 Carryforward $700,000 $700,000 Total $1,150,000 $1,150,000 Funding Sources FY2024 Budget $1,150,000 Total Budget (all years) $1.15M Project Total $1.15M Funding Sources by Year (Adopted) Appropriation (State/Federal)FY23 Carryforward 2024 $1,150,000.00 $0 $300K $600K $900K Funding Sources for Budgeted Years (Adopted) TOTAL $1,150,000.00 Appropriation (State/Federal) (39%)$450,000.0 FY23 Carryforward (61%)$700,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 324 This requests information is generated from , Adopted Version. Perform RIAP Management/Construction Management Overview Request Owner Colleen Blank Department Public Works Type Capital Improvement Description Perform RIAP Management/Construction Management Details Type of Project Other Project Category Resiliency Priority 1 Capital Cost Breakdown Capital Cost FY2025 FY2026 FY2027 FY2028 FY2029 Total Other $1,000,000 $1,157,626 $1,215,506 $1,276,282 $1,400,000 $6,049,414 Total $1,000,000 $1,157,626 $1,215,506 $1,276,282 $1,400,000 $6,049,414 Capital Cost Total Budget (all years) $6.049M Project Total $6.049M Capital Cost by Year (Adopted) Other 2025 2026 2027 2028 2029 $1,000,000.00 $1,157,626.00 $1,215,506.00 $1,276,282.00 $1,400,000.00 $0 $400K $800K $1.2M Capital Cost for Budgeted Years (Adopted) TOTAL $6,049,414.00 Other (100%)$6,049,414.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 325 Funding Sources Breakdown Funding Sources FY2025 FY2026 FY2027 FY2028 FY2029 Total General Fund $500,000 $578,813 $607,753 $638,141 $700,000 $3,024,707 General Obligation Bond $500,000 $578,813 $607,753 $638,141 $700,000 $3,024,707 Total $1,000,000 $1,157,626 $1,215,506 $1,276,282 $1,400,000 $6,049,414 Funding Sources Total Budget (all years) $6.049M Project Total $6.049M Funding Sources by Year (Adopted) General Fund General Obligation Bond 2025 2026 2027 2028 2029 $1,000,000.00 $1,157,626.00 $1,215,506.00 $1,276,282.00 $1,400,000.00 $0 $400K $800K $1.2M Funding Sources for Budgeted Years (Adopted) TOTAL $6,049,414.00 General Fund (50%)$3,024,707.00 General Obligation Bond (50%)$3,024,707.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 326 This requests information is generated from , Adopted Version. Prepare Facilities for Recertication Overview Request Owner Angel Blanco, Superintendent Department Public Works Type Capital Improvement Description 40-year recertication requires preparation and planning. Details Type of Project Rehabilitation Project Category Facilities Capital Cost Breakdown Capital Cost FY2026 FY2027 FY2028 Total Engineering $500,000 $525,000 $551,250 $1,576,250 Total $500,000 $525,000 $551,250 $1,576,250 Capital Cost Total Budget (all years) $1.576M Project Total $1.576M Capital Cost by Year (Adopted) Engineering 2026 2027 2028 $500,000.00 $525,000.00 $551,250.00 $0 $150K $300K $450K Capital Cost for Budgeted Years (Adopted) TOTAL $1,576,250.00 Engineering (100%)$1,576,250.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 327 Funding Sources Breakdown Funding Sources FY2026 FY2027 FY2028 Total General Fund $500,000 $525,000 $551,250 $1,576,250 Total $500,000 $525,000 $551,250 $1,576,250 Funding Sources Total Budget (all years) $1.576M Project Total $1.576M Funding Sources by Year (Adopted) General Fund 2026 2027 2028 $500,000.00 $525,000.00 $551,250.00 $0 $150K $300K $450K Funding Sources for Budgeted Years (Adopted) TOTAL $1,576,250.00 General Fund (100%)$1,576,250.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 328 This requests information is generated from , Adopted Version. Procure Telehandler Overview Request Owner Colleen Blank Department Public Works Type Capital Equipment Description Current telehandler is no longer operable and the Village needs to replace it. The CAT Telehandler is used for large bulky delivery items for Public Works such as the 1.5 ton well pump and electrical motors for Ocean drive, Parks, and Recreation debris removal such as treadmills, weight equipment, downed palms and tree, tree deliveries, oversized bulk trash disposed by residents that cannot be picked up by our trash service, debris removal after hurricanes and beached migrant boats at the shore.Current  Details Type of Project Replacement Project Category General/Equipment Useful Life 9 years Priority 1 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 329 Capital Cost Breakdown Capital Cost FY2024 Total Purchase $130,000 $130,000 Total $130,000 $130,000 Capital Cost FY2024 Budget $130,000 Total Budget (all years) $130K Project Total $130K Capital Cost by Year (Adopted) Purchase 2024 $130,000.00 $0 $40K $80K $120K Capital Cost for Budgeted Years (Adopted) TOTAL $130,000.00 Purchase (100%)$130,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 330 Funding Sources Breakdown Funding Sources FY2024 Total General Fund $130,000 $130,000 Total $130,000 $130,000 Funding Sources FY2024 Budget $130,000 Total Budget (all years) $130K Project Total $130K Funding Sources by Year (Adopted) General Fund 2024 $130,000.00 $0 $40K $80K $120K Funding Sources for Budgeted Years (Adopted) TOTAL $130,000.00 General Fund (100%)$130,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 331 This requests information is generated from , Adopted Version. Reconstruct Harbor and Fernwood Trafc Circle Overview Request Owner Colleen Blank Department Public Works Type Capital Improvement Description Reconstruct Harbor and Fernwood Trafc Circle Details Type of Project Renovation Priority 2 Capital Cost Breakdown Capital Cost FY2024 Total Design $100,000 $100,000 Construction $400,000 $400,000 Total $500,000 $500,000 Capital Cost FY2024 Budget $500,000 Total Budget (all years) $500K Project Total $500K Capital Cost by Year (Adopted) Construction Design 2024 $500,000.00 $0 $120K $240K $360K $480K Capital Cost for Budgeted Years (Adopted) TOTAL $500,000.00 Construction (80%)$400,000.00 Design (20%)$100,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 332 Funding Sources Breakdown Funding Sources FY2024 Total General Fund $500,000 $500,000 Total $500,000 $500,000 Funding Sources FY2024 Budget $500,000 Total Budget (all years) $500K Project Total $500K Funding Sources by Year (Adopted) General Fund 2024 $500,000.00 $0 $120K $240K $360K $480K Funding Sources for Budgeted Years (Adopted) TOTAL $500,000.00 General Fund (100%)$500,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 333 This requests information is generated from , Adopted Version. Renourish Beach and Dunes Overview Request Owner Roland Samimy, Chief Resilience and Sustainability Ofcer Est. Start Date 06/30/2023 Est. Completion Date 03/29/2024 Department Public Works Type Capital Improvement Description Beach renourishment scheduled every 4-5 years Details Type of Project Rehabilitation Project Category Resiliency Priority 1 Location Funding Sources Details FDEP - $925,000 (50/50) State App - $425K GF - $500K Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 334 Capital Cost Breakdown Capital Cost FY2024 FY2027 Total Design $80,000 $120,000 $200,000 Construction $1,788,050 $3,389,600 $5,177,650 Total $1,868,050 $3,509,600 $5,377,650 Capital Cost FY2024 Budget $1,868,050 Total Budget (all years) $5.378M Project Total $5.378M Capital Cost by Year (Adopted) Construction Design 2024 2027 $1,868,050.00 $3,509,600.00 $0 $1M $2M $3M Capital Cost for Budgeted Years (Adopted) TOTAL $5,377,650.00 Construction (96%)$5,177,650.00 Design (4%)$200,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 335 Funding Sources Breakdown Funding Sources FY2024 FY2027 Total Appropriation (State/Federal)$450,000 $450,000 Grant $918,050 $1,754,800 $2,672,850 General Obligation Bond $1,754,800 $1,754,800 FY23 Carryforward $500,000 $500,000 Total $1,868,050 $3,509,600 $5,377,650 Funding Sources FY2024 Budget $1,868,050 Total Budget (all years) $5.378M Project Total $5.378M Funding Sources by Year (Adopted) Appropriation (State/Federal)FY23 Carryforward General Obligation Bond Grant 2024 2027 $1,868,050.00 $3,509,600.00 $0 $1M $2M $3M Funding Sources for Budgeted Years (Adopted) TOTAL $5,377,650.00 Appropriation (State/Federal) (8%)$450,000.00 FY23 Carryforward (9%)$500,000.00 General Obligation Bond (33%)$1,754,800.00 Grant (50%)$2,672,850.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 336 This requests information is generated from , Adopted Version. Repave Roadways Village-Wide Overview Request Owner Colleen Blank Est. Start Date 11/01/2022 Est. Completion Date 10/31/2023 Department Public Works Type Capital Improvement Project Number 23CT01 Description Overall milling and repaving of Village roadways. Details Type of Project Rehabilitation Project Category Transportation Priority 2 Supplemental Attachments PCI and Cost Assessment(/resource/cleargov-prod/projects/documents/ed389d18f9f0083c6bf7.xlsx) Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 337 Capital Cost Breakdown Capital Cost FY2026 FY2029 Total Construction $1,200,000 $1,500,000 $2,700,000 Total $1,200,000 $1,500,000 $2,700,000 Capital Cost Total Budget (all years) $2.7M Project Total $2.7M Capital Cost by Year (Adopted) Construction 2026 2029 $1,200,000.00 $1,500,000.00 $0 $400K $800K $1.2M Capital Cost for Budgeted Years (Adopted) TOTAL $2,700,000.00 Construction (100%)$2,700,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 338 Funding Sources Breakdown Funding Sources FY2026 FY2029 Total General Fund $1,200,000 $1,500,000 $2,700,000 Total $1,200,000 $1,500,000 $2,700,000 Funding Sources Total Budget (all years) $2.7M Project Total $2.7M Funding Sources by Year (Adopted) General Fund 2026 2029 $1,200,000.00 $1,500,000.00 $0 $400K $800K $1.2M Funding Sources for Budgeted Years (Adopted) TOTAL $2,700,000.00 General Fund (100%)$2,700,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 339 This requests information is generated from , Adopted Version. Replace Public Works Department Vehicle Overview Request Owner Colleen Blank Department Public Works Type Capital Equipment Description Scheduled replacement of one (1) Public Works vehicle every 3-4 years. There are two Public Works vehicles, one being 3 years older than the other.  Details Type of Project Replacement Project Category General/Equipment Useful Life 7 years Capital Cost Breakdown Capital Cost FY2026 FY2029 Total Purchase $50,000 $70,000 $120,000 Total $50,000 $70,000 $120,000 Capital Cost Total Budget (all years) $120K Project Total $120K Capital Cost by Year (Adopted) Purchase 2026 2029 $50,000.00 $70,000.00 $0 $20K $40K $60K Capital Cost for Budgeted Years (Adopted) TOTAL $120,000.00 Purchase (100%)$120,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 340 Funding Sources Breakdown Funding Sources FY2026 FY2029 Total General Fund $50,000 $70,000 $120,000 Total $50,000 $70,000 $120,000 Funding Sources Total Budget (all years) $120K Project Total $120K Funding Sources by Year (Adopted) General Fund 2026 2029 $50,000.00 $70,000.00 $0 $20K $40K $60K Funding Sources for Budgeted Years (Adopted) TOTAL $120,000.00 General Fund (100%)$120,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 341 This requests information is generated from , Adopted Version. Replace Roadway, Circle, and Crosswalk Pavers Village-Wide Overview Request Owner Colleen Blank Department Public Works Type Capital Improvement Description replace pavers Details Type of Project Replacement Project Category Transportation Priority 2 Capital Cost Breakdown Capital Cost FY2025 FY2027 FY2029 Total Construction $500,000 $600,000 $700,000 $1,800,000 Total $500,000 $600,000 $700,000 $1,800,000 Capital Cost Total Budget (all years) $1.8M Project Total $1.8M Capital Cost by Year (Adopted) Construction 2025 2027 2029 $500,000.00 $600,000.00 $700,000.00 $0 $200K $400K $600K Capital Cost for Budgeted Years (Adopted) TOTAL $1,800,000.00 Construction (100%)$1,800,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 342 Funding Sources Breakdown Funding Sources FY2025 FY2027 FY2029 Total General Fund $500,000 $600,000 $700,000 $1,800,000 Total $500,000 $600,000 $700,000 $1,800,000 Funding Sources Total Budget (all years) $1.8M Project Total $1.8M Funding Sources by Year (Adopted) General Fund 2025 2027 2029 $500,000.00 $600,000.00 $700,000.00 $0 $200K $400K $600K Funding Sources for Budgeted Years (Adopted) TOTAL $1,800,000.00 General Fund (100%)$1,800,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 343 This requests information is generated from , Adopted Version. Test Stormwater Water Quality Improvement Technologies Overview Request Owner Colleen Blank Department Public Works Type Capital Improvement Description Test Stormwater Water Quality Improvement Technologies Details Type of Project Other Capital Cost Breakdown Capital Cost FY2024 Total Other $134,578 $134,578 Total $134,578 $134,578 Capital Cost FY2024 Budget $134,578 Total Budget (all years) $134.578K Project Total $134.578K Capital Cost by Year (Adopted) Other 2024 $134,578.00 $0 $40K $80K $120K Capital Cost for Budgeted Years (Adopted) TOTAL $134,578.00 Other (100%)$134,578.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 344 Funding Sources Breakdown Funding Sources FY2024 Total Grant $110,819 $110,819 FY23 Carryforward $23,759 $23,759 Total $134,578 $134,578 Funding Sources FY2024 Budget $134,578 Total Budget (all years) $134.578K Project Total $134.578K Funding Sources by Year (Adopted) FY23 Carryforward Grant 2024 $134,578.00 $0 $40K $80K $120K Funding Sources for Budgeted Years (Adopted) TOTAL $134,578.00 FY23 Carryforward (18%)$23,759.00 Grant (82%)$110,819.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 345 This requests information is generated from , Adopted Version. Update Village Civic Center Waynding and Signage Overview Request Owner Colleen Blank Est. Start Date 07/31/2023 Est. Completion Date 11/30/2023 Department Public Works Type Capital Improvement Description Update Village Civic Center Waynding and Signage Details Type of Project Replacement Priority 5 Capital Cost Breakdown Capital Cost FY2024 Total Construction $50,000 $50,000 Total $50,000 $50,000 Capital Cost FY2024 Budget $50,000 Total Budget (all years) $50K Project Total $50K Capital Cost by Year (Adopted) Construction 2024 $50,000.00 $0 $12K $24K $36K $48K Capital Cost for Budgeted Years (Adopted) TOTAL $50,000.00 Construction (100%)$50,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 346 Funding Sources Breakdown Funding Sources FY2024 Total FY23 Carryforward $50,000 $50,000 Total $50,000 $50,000 Funding Sources FY2024 Budget $50,000 Total Budget (all years) $50K Project Total $50K Funding Sources by Year (Adopted) FY23 Carryforward 2024 $50,000.00 $0 $12K $24K $36K $48K Funding Sources for Budgeted Years (Adopted) TOTAL $50,000.00 FY23 Carryforward (100%)$50,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 347 This requests information is generated from , Adopted Version. Upgrade Streetlights Overview Request Owner Jake Ozyman, Public Works Director Est. Start Date 12/01/2022 Est. Completion Date 09/01/2023 Department Public Works Type Capital Improvement Project Number 23CF02 Description Convert streetlights to LED and transition to FPL. Details Type of Project Upgrade Project Category Facilities Priority 3 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 348 Capital Cost Breakdown Capital Cost FY2025 Total Construction $250,000 $250,000 Total $250,000 $250,000 Capital Cost Total Budget (all years) $250K Project Total $250K Capital Cost by Year (Adopted) Construction 2025 $250,000.00 $0 $240K$60K $120K $180K Capital Cost for Budgeted Years (Adopted) TOTAL $250,000.00 Construction (100%)$250,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 349 Funding Sources Breakdown Funding Sources FY2025 Total General Fund $250,000 $250,000 Total $250,000 $250,000 Funding Sources Total Budget (all years) $250K Project Total $250K Funding Sources by Year (Adopted) General Fund 2025 $250,000.00 $0 $240K$60K $120K $180K Funding Sources for Budgeted Years (Adopted) TOTAL $250,000.00 General Fund (100%)$250,000.00 Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 350 Glossary Abatement: A reduction or elimination of a real or personal property tax, motor vehicle excise, a fee, charge, or special assessment imposed by a governmental unit. Granted only on application of the person seeking the abatement and only by the committing governmental unit. Accounting System: The total structure of records and procedures that identify record, classify, and report information on the nancial position and operations of a governmental unit or any of its funds, account groups, and organizational components. Accrued Interest: The amount of interest that has accumulated on the debt since the date of the last interest payment, and on the sale of a bond, the amount accrued up to but not including the date of delivery (settlement date). (See Interest) Amortization: The gradual repayment of an obligation over time and in accordance with a predetermined payment schedule. Appropriation: A legal authorization from the community's legislative body to expend money and incur obligations for specic public purposes. An appropriation is usually limited in amount and as to the time period within which it may be expended.  Arbitrage: As applied to municipal debt, the investment of tax-exempt bonds or note proceeds in higher yielding, taxable securities. Section 103 of the Internal Revenue Service (IRS) Code restricts this practice and requires (beyond certain limits) that earnings be rebated (paid) to the IRS. Assessed Valuation: A value assigned to real estate or other property by a government as the basis for levying taxes. Audit: An examination of a community's nancial systems, procedures, and data by a certied public accountant (independent auditor), and a report on the fairness of nancial statements and on local compliance with statutes and regulations. The audit serves as a valuable management tool in evaluating the scal performance of a community. Audit Report: Prepared by an independent auditor, an audit report includes: (a) a statement of the scope of the audit; (b) explanatory comments as to application of auditing procedures; (c) ndings and opinions. It is almost always accompanied by a management letter which contains supplementary comments and recommendations. Available Funds: Balances in the various fund types that represent non-recurring revenue sources. As a matter of sound practice, they are frequently appropriated to meet unforeseen expenses, for capital expenditures or other one-time costs.  Balance Sheet: A statement that discloses the assets, liabilities, reserves and equities of a fund or governmental unit at a specied date. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 351 Betterments (Special Assessments): Whenever a specic area of a community receives benet from a public improvement (e.g., water, sewer, sidewalk, etc.), special property taxes may be assessed to reimburse the governmental entity for all or part of the costs it incurred. Each parcel receiving benet from the improvement is assessed for its proportionate share of the cost of such improvements. The proportionate share may be paid in full or the property owner may request that the assessors apportion the betterment over 20 years. Over the life of the betterment, one year’s apportionment along with one year’s committed interest computed from October 1 to October 1 is added to the tax bill until the betterment has been paid. Bond: A means to raise money through the issuance of debt. A bond issuer/borrower promises in writing to repay a specied sum of money, alternately referred to as face value, par value or bond principal, to the buyer of the bond on a specied future date (maturity date), together with periodic interest at a specied rate. The term of a bond is always greater than one year. (See Note) Bond and Interest Record: (Bond Register) – The permanent and complete record maintained by a treasurer for each bond issue. It shows the amount of interest and principal coming due each date and all other pertinent information concerning the bond issue. Bonds Authorized and Unissued: Balance of a bond authorization not yet sold. Upon completion or abandonment of a project, any remaining balance of authorized and unissued bonds may not be used for other purposes, but must be rescinded by the community's legislative body to be removed from community's books. Bond Issue: Generally, the sale of a certain number of bonds at one time by a governmental unit. Bond Rating (Municipal): A credit rating assigned to a municipality to help investors assess the future ability, legal obligation, and willingness of the municipality (bond issuer) to make timely debt service payments. Stated otherwise, a rating helps prospective investors determine the level of risk associated with a given xed-income investment. Rating agencies, such as Moody's and Standard and Poors, use rating systems, which designate a letter or a combination of letters and numerals where AAA is the highest rating and C1 is a very low rating. Budget: A plan for allocating resources to support particular services, purposes and functions over a specied period of time. (See Performance Budget, Program Budget) Capital Assets: All real and tangible property used in the operation of government, which is not easily converted into cash, and has an initial useful live extending beyond a single nancial reporting period. Capital assets include land and land improvements; infrastructure such as roads, bridges, water and sewer lines; easements; buildings and Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 352 building improvements; vehicles, machinery and equipment. Communities typically dene capital assets in terms of a minimum useful life and a minimum initial cost. (See Fixed Assets) Capital Budget: An appropriation or spending plan that uses borrowing or direct outlay for capital or xed asset improvements. Among other information, a capital budget should identify the method of nancing each recommended expenditure, i.e., tax levy or rates, and identify those items that were not recommended. (See Capital Assets, Fixed Assets) Cash: Currency, coin, checks, postal and express money orders and bankers’ drafts on hand or on deposit with an ofcial or agent designated as custodian of cash and bank deposits. Cash Management: The process of monitoring the ebb and ow of money in an out of municipal accounts to ensure cash availability to pay bills and to facilitate decisions on the need for short- term borrowing and investment of idle cash. Certicate of Deposit (CD): A bank deposit evidenced by a negotiable or non- negotiable instrument, which provides on its face that the amount of such deposit plus a specied interest payable to a bearer or to any specied person on a certain specied date, at the expiration of a certain specied time, or upon notice in writing. Classication of Real Property: Assessors are required to classify all real property according to use into one of four classes: residential, open space, commercial, and industrial. Having classied its real properties, local ofcials are permitted to determine locally, within limitations established by statute and the Commissioner of Revenue, what percentage of the tax burden is to be borne by each class of real property and by personal property owners. Collective Bargaining: The process of negotiating workers' wages, hours, benets, working conditions, etc., between an employer and some or all of its employees, who are represented by a recognized labor union. regarding wages, hours and working conditions. Consumer Price Index: The statistical measure of changes, if any, in the overall price level of consumer goods and services. The index is often called the "cost-of-living index." Cost-Benet Analysis: A decision-making tool that allows a comparison of options based on the level of benet derived and the cost to achieve the benet from different alternatives. Debt Burden: The amount of debt carried by an issuer usually expressed as a measure of value (i.e., debt as a percentage of assessed value, debt per capita, etc.). Sometimes debt burden refers to debt service costs as a percentage of the total annual budget. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 353 Debt Service: The repayment cost, usually stated in annual terms and based on an amortization schedule, of the principal and interest on any particular bond issue. Encumbrance: A reservation of funds to cover obligations arising from purchase orders, contracts, or salary commitments that are chargeable to, but not yet paid from, a specic appropriation account. Enterprise Funds: An enterprise fund is a separate accounting and nancial reporting mechanism for municipal services for which a fee is charged in exchange for goods or services. It allows a community to demonstrate to the public the portion of total costs of a service that is recovered through user charges and the portion that is subsidized by the tax levy, if any. With an enterprise fund, all costs of service delivery--direct, indirect, and capital costs—are identied. This allows the community to recover total service costs through user fees if it chooses. Enterprise accounting also enables communities to reserve the "surplus" or net assets unrestricted generated by the operation of the enterprise rather than closing it out to the general fund at year-end. Services that may be treated as enterprises include, but are not limited to, water, sewer, hospital, and airport services.  Equalized Valuations (EQVs): The determination of the full and fair cash value of all property in the community that is subject to local taxation.  Estimated Receipts: A term that typically refers to anticipated local revenues often based on the previous year's receipts and represent funding sources necessary to support a community's annual budget. (See Local Receipts) Exemptions: A discharge, established by statute, from the obligation to pay all or a portion of a property tax. The exemption is available to particular categories of property or persons upon the timely submission and approval of an application to the assessors. Properties exempt from taxation include hospitals, schools, houses of worship, and cultural institutions. Persons who may qualify for exemptions include disabled veterans, blind individuals, surviving spouses, and seniors. Expenditure: An outlay of money made by municipalities to provide the programs and services within their approved budget. Fiduciary Funds: Repository of money held by a municipality in a trustee capacity or as an agent for individuals, private organizations, other governmental units, and other funds. These include pension (and other employee benet) trust funds, investment trust funds, private- purpose trust funds, and agency funds. Fixed Assets: Long-lived, assets such as buildings, equipment and land obtained or controlled as a result of past transactions or circumstances. Fixed Costs: Costs that are legally or contractually mandated such as retirement, FICA/Social Security, insurance, debt service costs or interest on loans. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 354 Float: The difference between the bank balance for a local government’s account and its book balance at the end of the day. The primary factor creating oat is clearing time on checks and deposits. Delays in receiving deposit and withdrawal information also inuence oat. Full Faith and Credit: A pledge of the general taxing powers for the payment of governmental obligations. Bonds carrying such pledges are usually referred to as general obligation or full faith and credit bonds. Fund: An accounting entity with a self-balancing set of accounts that are segregated for the purpose of carrying on identied activities or attaining certain objectives in accordance with specic regulations, restrictions, or limitations. Fund Accounting: Organizing nancial records into multiple, segregated locations for money. A fund is a distinct entity within the municipal government in which nancial resources and activity (assets, liabilities, fund balances, revenues, and expenditures) are accounted for independently in accordance with specic regulations, restrictions or limitations. Examples of funds include the general fund and enterprise funds. Communities whose accounting records are organized according to the Uniform Municipal Accounting System (UMAS) use multiple funds. GASB 34: A major pronouncement of the Governmental Accounting Standards Board that establishes new criteria on the form and content of governmental nancial statements. GASB 34 requires a report on overall nancial health, not just on individual funds. It requires more complete information on the cost of delivering value estimates on public infrastructure assets, such as bridges, road, sewers, etc. It also requires the presentation of a narrative statement the government's nancial performance, trends and prospects for the future. GASB 45: This is another Governmental Accounting Standards Board major pronouncement that each public entity account for and report other postemployment benets in its accounting statements. Through actuarial analysis, municipalities must identify the true costs of the OPEB earned by employees over their estimated years of actual service. General Fund: The fund used to account for most nancial resources and activities governed by the normal appropriation process. General Obligation Bonds: Bonds issued by a municipality for purposes allowed by statute that are backed by the full faith and credit of its taxing authority. Governing Body: A board, committee, commission, or other executive or policymaking bodyof a municipality or school district. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 355 Indirect Cost: Costs of a service not reected in the operating budget of the entity providing the service. An example of an indirect cost of providing water service would be the value of time spent by non-water department employees processing water bills. A determination of these costs is necessary to analyze the total cost of service delivery. The matter of indirect costs arises most often in the context of enterprise funds. Interest: Compensation paid or to be paid for the use of money, including amounts payable at periodic intervals or discounted at the time a loan is made. In the case of municipal bonds, interest payments accrue on a day-to-day basis, but are paid every six months. Interest Rate: The interest payable, expressed as a percentage of the principal available for use during a specied period of time. It is always expressed in annual terms. Investments: Securities and real estate held for the production of income in the form of interest, dividends, rentals or lease payments. The term does not include xed assets used in governmental operations. Line Item Budget: A budget that separates spending into categories, or greater detail, such as supplies, equipment, maintenance, or salaries, as opposed to a program budget. Local Aid: Revenue allocated by the state or counties to municipalities and school districts. Maturity Date: The date that the principal of a bond becomes due and payable in full. Municipal(s): (As used in the bond trade) "Municipal" refers to any state or subordinate governmental unit. "Municipals" (i.e., municipal bonds) include not only the bonds of all political subdivisions, such as cities, towns, school districts, special districts, counties but also bonds of the state and agencies of the state. Note: A short-term loan, typically with a maturity date of a year or less. Objects of Expenditures: A classication of expenditures that is used for coding any department disbursement, such as “personal services,” “expenses,” or “capital outlay.” Ofcial Statement: A document prepared for potential investors that contains information about a prospective bond or note issue and the issuer. The ofcial statement is typically published with the notice of sale. It is sometimes called an offering circular or prospectus. Operating Budget: A plan of proposed expenditures for personnel, supplies, and other expenses for the coming scal year. Overlapping Debt: A community's proportionate share of the debt incurred by an overlapping government entity, such as a regional school district, regional transit authority, etc. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 356 Performance Budget: A budget that stresses output both in terms of economy and efciency. Principal: The face amount of a bond, exclusive of accrued interest. Program: A combination of activities to accomplish an end. Program Budget: A budget that relates expenditures to the programs they fund. The emphasis of a program budget is on output. Purchased Services: The cost of services that are provided by a vendor. Refunding of Debt: Transaction where one bond issue is redeemed and replaced by a new bond issue under conditions generally more favorable to the issuer. Reserve Fund: An amount set aside annually within the budget of a town to provide a funding source for extraordinary or unforeseen expenditures.  Revaluation: The assessors of each community are responsible for developing a reasonable and realistic program to achieve the fair cash valuation of property in accordance with constitutional and statutory requirements. The nature and extent of that program will depend on the assessors’ analysis and consideration of many factors, including, but not limited to, the status of the existing valuation system, the results of an in-depth sales ratio study, and the accuracy of existing property record information.  Revenue Anticipation Note (RAN): A short-term loan issued to be paid off by revenues, such as tax collections and state aid. RANs are full faith and credit obligations. Revenue Bond: A bond payable from and secured solely by specic revenues and thereby not a full faith and credit obligation. Revolving Fund: Allows a community to raise revenues from a specic service and use those revenues without appropriation to support the service.  Sale of Real Estate Fund: A fund established to account for the proceeds of the sale of municipal real estate other than proceeds acquired through tax title foreclosure. Stabilization Fund: A fund designed to accumulate amounts for capital and other future spending purposes, although it may be appropriated for any lawful purpose. Surplus Revenue: The amount by which cash, accounts receivable, and other assets exceed liabilities and reserves. Tax Rate: The amount of property tax stated in terms of a unit of the municipal tax base; for example, $14.80 per $1,000 of assessed valuation of taxable real and personal property. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 357 Tax Title Foreclosure: The procedure initiated by a municipality to obtain legal title to real property already in tax title and on which property taxes are overdue. Trust Fund: In general, a fund for money donated or transferred to a municipality with specic instructions on its use. As custodian of trust funds, the treasurer invests and expends such funds as stipulated by trust agreements, as directed by the commissioners of trust funds or by the community's legislative body. Both principal and interest may be used if the trust is established as an expendable trust. For nonexpendable trust funds, only interest (not principal) may be expended as directed. Uncollected Funds: Recently deposited checks included in an account’s balance but drawn on other banks and not yet credited by the Federal Reserve Bank or local clearinghouse to the bank cashing the checks. (These funds may not be loaned or used as part of the bank’s reserves and they are not available for disbursement.) Undesignated Fund Balance: Monies in the various government funds as of the end of the scal year that are neither encumbered nor reserved, and are therefore available for expenditure once certied as part of free cash. Unreserved Fund Balance (Surplus Revenue Account): The amount by which cash, accounts receivable, and other assets exceed liabilities and restricted reserves. It is akin to a "stockholders’ equity" account on a corporate balance sheet. It is not, however, available for appropriation in full because a portion of the assets listed as "accounts receivable" may be taxes receivable and uncollected. (See Free Cash) Valuation (100 Percent): The legal requirement that a community’s assessed value on property must reect its market, or full and fair cash value. Village of Key Biscayne | Adopted Fiscal Year 2024 Budget Book Page 358