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HomeMy WebLinkAbout07-20-2023 VC BWS-MPresent: ROLL CALL MINUTES OF THE BUDGET WORKSHOP SESSION VILLAGE COUNCIL OF NORTH PALM BEACH, FLORIDA JULY 20, 2023 David B. Norris, Mayor Susan Bickel, Vice Mayor Darryl C. Aubrey, Sc.D., President Pro Tem Mark Mullinix, Councilmember Deborah Searcy, Councilmember Chuck Huff, Village Manager Philippa Davis, Deputy Village Clerk Mayor Norris called the meeting to order at 7:00 p.m. Members of staff were present and most Department Directors were present. Mr. Huff outlined the agenda for the evening, explaining the discussion would include the proposed preliminary budget for FY 2024. Mr. Huff noted two (2) workshops were scheduled to review the budget in more detail and by department. FY 2024 BUDGET HIGHLIGHTS Mr. Huff shared preliminary highlights of the FY 2024 budget, including: • Budget is based upon a flat Millage Rate of 7.00 mils. • The General Fund budget is balanced with: o $700,194 transfer to General Fund Capital Improvement Plan (CIP) o $450,000 transfer to Country Club o $725,000 transfer top Special Projects Fund • The Country Club budget is balanced with: o $350,000 transfer from General Fund for Pool and Tennis operations • $250,000 for Pool operations • $100,000 for Tennis operations o $100,000 transfer from General Fund for Renewal and Replacement • Budget provides for: o Capital improvements o Replacement of essential (capital) equipment and vehicles o Employee salary and benefit cost increases o Maintains and enhances the Village's current level of service o Amenities and quality of life programs remain fully funded in FY 2024 Village Council Budget Workshop held July 20, 2023 Page 2 of 7 FY 2024 PRELIMINARY BUDGET SUMMARY Category General Fund Country Club Stormwater Total Personnel $20,039,957 $2,522,939 0 $22,562,896 Operating $9,210,048 $3,971,061 0 $13,181,109 Capital Outlay 0 $1,048,000 $500,000 $1,548,000 Debt Service $1,894,734 $234,825 0 $2,129,559 Transfer: CIP $700,194 0 0 $700,194 Transfer: Spec Projects $725,000 0 0 $725,000 Transfer: Country Club $450,000 0 0 $450,000 Contingency 0 0 0 0 Reserve — Future 0 $250,000 0 $250,000 Capital Improvements 1 Grand Total $33,019,933 $8,026,825 $500,000 $41,546,758 Councilmember Searcy asked for additional detail on the Stormwater Fund. Mr. Huff and Mrs. Janjua clarified. PERSONNEL Position Type FY 2023 General Fund Country Club Total Chance Adopted Full -Time 156 143 12 155 -1 Part -Time 108 61 62 123 +15 President Pro Tem Aubrey asked for clarification on the additional 15 part-time employees. Mr. Huff noted summer camp needs had increased, modifications in building inspection and other departments to accommodate the Village's needs. Discussion ensued briefly. FY 2024 PERSONNEL COST ASSUMPTIONS Description FPE PBA IAFF NU Base Wage Increase (10/1) 5% 4% 4% N/A Merit Increase 1%, 2%, 3% Step Plan Step Plan 4% Average (scale = 0-6%) Health and Dental Insurance Medical = No Increase Dental + 3% Increase HSA Contribution Family = $3,000 Single = $1,500 Workers' Compensation 5% ICMA = 15% P/F P/F Pension ICMA = 15% Pension Contributions G/E Pension = Pension = = 16% G/E Pension = 18% 16% 18% Total Annual Base Pay Increase for all five Council members = $23,400 Several vacant positions have not been funded to allow for vacancy savings. Village Council Vacancies Village Council Budget Workshop held July 20, 2023 Page 3 of 7 President Pro Tem Aubrey asked whether the vacant positions were funded in the budget. Mr. Huff explained some positions, like the Human Resources Director, were funded, and others such as the Deputy Village Manager position were left unfunded at this time. Councilmember Mullinix inquired as to whether the Human Resources Director and Assistant Human Resources Director positions were being reviewed for possible combination, or for being outsourced. Mr. Huff stated it was a small department, but he believed there was an element of Human Resources, which was needed internally. Vice Mayor Bickel expressed the possibility of losing a personal touch if the Human Resources Department was outsourced. Discussion continued, and consensus was to explore options. FY 2024 BUDGETED DEBT SERVICE Description Vehicle Lease Clubhouse Loans (Two loans: $8.9m and $6.1m) Initial Golf Course Loan ($4,893,673) 2018 Golf Course Restoration ($1.7m) Total General Fund Country Club $600,000 $1,294,734 0 0 $1,894,734 0 0 Total $600,000 $1,294,734 $199,295 $199,295 $35,530 $35,530 $234,825 $2,129,559 Mr. Huff reviewed information on the Village's loans and highlighted that the $4.89 million loan from 2006 would be paid off this Fiscal Year. Description Year Issued Term Interest Rate Maturity $8.9m $6.1m 2017 15 years 3.19% June 2032 2017 8 years 3.78% June 2025 COUNTRY CLUB SUMMARY 2023 vs 2024 Category FY 2023 FY 2024 Personnel Operating Capital Outlay Debt Service Contingency Reserve — Future Capital Improvements Total $2,390,532 $3,808,659 $508,000 $433,689 0 $174,000 $7,314,880 $2,522,939 $3,971,061 $1,048,000 $234,825 0 $250,000 $8,026,825 $4.89m $1.7m 2006 2018 18 years 10 years 4.11% 2.09% April 2024 September 2028 % Increase/ $ Increase/ (Decrease) (Decrease) 5.54% $132,407 4.26% $162,402 106.30% $540,000 -45.85% ($198,864) 0 0 43.68% $76,000 9.73% $711,945 Village Council Budget Workshop held July 20, 2023 Page 4 of 7 Vice Mayor Bickel asked for clarification on the large increase in Capital Outlay budgeted. Mr. Huff stated he would provide a breakdown later in the presentation. FY 2024 COUNTRY CLUB PRELIMINARY BUDGET SUMMARY Category Revenue Charges for Services: Golf Pool Tennis Food and Beverage Misc. Revenues Other Sources Total Revenue Expenditures Golf Pool Tennis Food and Beverage Club Administration Clubhouse Grounds Non -Departmental Debt Service Reserves Total Expenditures FY 2023 Budget FY 2024 Budget $5,392,850 $209,700 $858,480 $365,000 $6,300 $482,550 $7,314,880 $4,269,079 $450,392 $924,737 $20,000 $387,200 $630,783 $25,000 $433,689 $174,000 $7,314,880 $6,097,325 $265,000 $841,500 $343,000 $30,000 $450,000 $8,026,825 $4,919,644 $531,350 $917,392 $22,000 $492,762 $629,952 $28,900 $234,825 $250,000 $8,026,825 % Increase/ (Decrease) 13.06% 26.37% - 1.98% -6.03% 376.19% - 6.75% 9.73% 15.24% 17.98% - 0.79% 10.00% 27.26% - 0.13% 15.60% -48.85% 43.68% 1 9.73% 1 Councilmember Mullinix asked whether the Food and Beverage line included the delayed payments. Discussion ensued briefly regarding Food and Beverage at the Clubhouse. Vice Mayor Bickel inquired if swim lessons would continue at the Country Club. Country Club General Manager Beth Davis stated that swimming lessons would continue. GENERAL FUND SUMMARY 2023 vs 2024 Category FY 2023 FY 2024 Personnel Operating Capital Outlay Debt Service Transfer: CIP Transfer: Special Projects Transfer: Country Club Contingency Total $18,281,343 $7,949,795 $20,000 $1,894,097 $679,800 0 $482,550 $240,682 $29,548,267 $20,039,957 $9,210,048 0 $1,894,734 $700,194 $725,000 $450,000 0 $33,019,933 % Increase/ $ Increase/ (Decrease) (Decrease) 9.62% $1,758,614 15.85% $1,260,253 - 100.00% ($20,000) 0.03% $637 3.00% $20,394 100.00% $725,000 -6.75% ($32,550) - 100.00% ($240,682) 11.75% $3,471,666 Village Council Budget Workshop held July 20, 2023 Page 5 of 7 FY 2024 GENERAL FUND BUDGET SUMMARY Category FY 2023 Budget FY 2024 Budget 1 Revenue Sources 1 Taxes $22,982,970 $25,870,506 Permits, Fees, Special $2,990,500 $3,182,500 Assessments Intergovernmental $1,730,142 $1,933,229 11.74% Revenue Charges for Services $1,550,075 $1,563,950 0.90% Judgments, Fines, $92,950 $89,450 -3.77% Forfeitures Misc. Revenues $201,630 $380,298 88.61% Other Sources 0 0 0% Total Revenue $29,548,267 $33,019,933 11.75% Expenditures General Government $3,798,695 $4,165,355 9.65% Community $1,695,666 $2,025,854 19.47% Development Public Safety $12,142,013 $13,469,559 10.93% Public Works $5,721,170 $6,153,832 7.56% Leisure Services $2,893,594 $3,435,405 18.72% Reserves $240,682 0 -100% Transfers $1,162,350 $1,875,194 61.33% Debt Service $1,894,097 $1,894,734 0.03% Total Expenditures $29,548,267 $33,019,933 11.75% % Increase/ (Decrease) FIVE-YEAR CIP 1 12.56% 6.42% Mr. Huff reviewed the key assumptions for the 5-Year Capital Improvement Plan (CIP) and the cash flow summary. He discussed FY 2024 proposed CIP projects totaling $7,502,684 as follows: • Country Club ($1,040,000): o Submersible Swim Wall Dividers - $90,000 o Wash Plant — Environmental Center - $750,000 o Pond Stabilization - $125,000 o Clubhouse Improvements - $75,000 • Information Technology ($60,000): o Backup Appliance • Police ($258,300): o Radio Replacement (annual contribution) • Recreation ($1,364,384): o Anchorage South Seawall - $137,000 o Boat Ramp Renovation - $230,000 o Veteran's Park Enhancement - $50,000 o Osborne Park Basketball Lighting - $177,384 o Anchorage Park Pathway, etc. - $270,000 o Community Center Enhancement - $500,000 • Public Works ($4,780,000) Village Council Budget Workshop held July 20, 2023 Page 6 of 7 o East Alley Wall Replacement - $200,000 o Vehicle Replacement - $82,000 o Asphalt Resurfacing - $450,000 o Bridge Improvement (Prosperity Farms) - $200,000 o Bridge Replacement (Lighthouse) - $540,000 o Public Safety Building (A/C Automation) - $185,000 o Public Works Emergency Generator - $198,000 o Public Safety Building Emergency Generator - $425,000 o Clubhouse Emergency Generator - $800,000 o Lakeside Park Bulkhead Replacement - $1,000,000 o Sidewalk Repairs - $200,000 o Stormwater Repair and Replacement - $500,000 Discussion ensued regarding potential funding sources, including grants and low interest borrowing opportunities, and about the details of individual projects. Mr. Huff, Police Chief Richard Jenkins, and Finance Director Samia Janjua provided additional clarification. STORMWATER UTILITY FUND Type of Land Use Single-family Residential (Parcel area <= 7,079 sq. ft.) Single-family Residential (Parcel area >7,079 sq. ft but < 15,475 sq. ft) Single-family Residential (Parcel area >= 15,475 sq. ft) Condominium Multi -family Residential Nonresidential Monthly Rate (0.61 ERU) x (per ERU rate) (0.97 ERU) x (per ERU rate) (1.53 ERU) x (per ERU rate) (0.22 ERU per residential unit) x (per ERU rate) (1.00 ERU) x (parcel IA / 5,550 sq. ft.) x (per ERU rate) Annual Rate (0.61 ERU) x (per ERU rate) x 12 (0.97 ERU) x (per ERU rate) x 12 (1.53 ERU) x (per ERU rate) x 12 (0.22 ERU per residential unit) x (per ERU rate) x 12 (1.00 ERU) x (parcel IA / 5,550 sq. ft.) X (per ERU rate) x 12 (1.00 ERU) x (parcel IA / (1.00 ERU) x (parcel IA / 5,550 sq. ft.) X (per ERU 5,550 sq. ft.) x (per ERU rate) rate) x 12 ERU = $7.78 monthly / $93.36 annually FY 2024 MILLAGE DISCUSSION • Millage Rate: $7.00 mils (no increase over FY 2022) • Gross Taxable Value: $3,375,264,084 ($422,254,792 or 14.30% increase over FY 2023) • Budgeted Ad Valorem: $22,445,506 ($2,725,515 or 13.13% increase over FY 2023) Mr. Huff explained staff had proposed a Millage Rate of 7.00 mils, and there would be an opportunity for discussion regarding the complexities of the millage at the budget workshops. Mr. Huff highlighted the effort staff had put into creating a balanced budget that planned for the future and did not include fluff. Village Council Budget Workshop held July 20, 2023 Page 7 of 7 NEXT BUDGET WORKSHOP Mr. Huff outlined the budget calendar briefly. Budget Workshops are scheduled for August 16 and August 31. The first reading and public hearing of the FY 2024 budget is scheduled for September 14, and the second hearing is scheduled for September 28. ADJOURNMENT With no further business to come before the Council, the meeting was adjourned at 8:00 p.m. Jes$a Green,`M Village Clerk