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07-25-2012_FY2013 Gen Fund Overview 1 r JAy `y, I .., r y - VILLAGE OF NORTH PALM BEACH Q m I y\ POLICE/FIRE RESCUE JOHN S.AT WATER COMPLEX - 560 - VILLAGE OF NORTH PALM BEACH, FL ENERAL UND ■ UDGET * VERVIEW Village Council Village of North Palm Beach Residents David B. Norris Mayor William L. Manuel Vice Mayor Darryl C. Aubrey President Pro Tem Robert A. Gebbia Councilman Doug Bush Councilman Village Clerk I F Village Attorney Village Manager Operating Departments FY 2013 Budget N, if What we hope to accomplish this evening : 1 . Provide a brief "overview" of the current Financial conditions of the Village 2. Preview (Workshop) the "proposed FY2013 Budget and discuss both Administrative and Operational strategies. . . 3. Establish a "tentative" Millage Rate 4. Discuss opportunities for the Village's Unassigned Reserves, and 5. Set 1St Village Public Hearing Date. . . FY 2013 rim.� a Budget y �. !, ��,`I� �y f i I� I tl 7! y. � s l,HI d � i •S'°� "f .� '. .jt ,,11 \ .^.. � 1�, � ��1 1 - �`�' •I '�I�� i $ � it. � ��1��!3 �Gy�� I �� `,�� +``r�J �" 5�ip'���>f11aG Al �- T„ 1 F: 14t Y' i 77 7M IN jvV �;' ' � r �����} � �2,°�A�a_ `/Yi 4,4'• � �.-�%.i �sprda {I°. .�� , � �F\`....- 'A� 1v ` � f� .,- Y General Fund 3rd Quarter Financials a) General Fund Unassigned Fund Balance grew this past year (FY 2011) from $ 10,443,099 to $ 10,688,659, an increase of $245,560. FY 2012 balances will be available upon completion of the Village's annual audit in early 2013. b) At 3rd Quarter, General Fund Revenues are tracking about $567, 175 or 3 .45% lower than those of the prior year. c) Village Department expenses are generally on target with the Village's budget plan (At 3rd Quarter, total department expenses are tracking at 69.81%). d) As of June 3 0th, General Fund overall (preliminary) financials indicate that revenues exceed expenses by FY 2 01 $3,535,525. Budget TheI'L31a:to=7'To-r1h?Aim 33raeL Revenues @ 89.78%...Tracking FTrlim_u�!-. C rmerA= -d B-sdffer Sammara IWsd Qzarier Emdda:sn.ta W.M-2 - roughly 3.45% below prior year! 7Ldrd Quarrrr Fmd[Ln Eadia: L�r3i:rd201Z tri ofMeTi.s JBndj: t Prier Ter a..-.__i ,�J 613*'12 Badger ffarUi 75%) iu3GR1 MPM&43 W.-j X14 ryTravrs Isms -4a30ra®Taza: 9,391,93# S 9,904 84 96.69`.': S L4,038,624 S I-D,441,459 1,053,171 FraacLiw Fws 8]6,69& I,*65,5637 7-6.649: 855,031 7,1 54 1,x.6 Sts Phasing Issue: Sa3a:Se osa Tao-: 202.183 3t 12398,311 2-61,423 7-6.754: 200,471 794 26151077 LUGaws k�ibi 305,646 741,434 95.17% 842,675 999.09x 5304997 h2-.WaC-LV= anM1 423,214 I-03.524 M.71% 930.747 3 �763a L,269.MR Ad-Valorem {hero-:hoe secures 1,650,64-6 1,696.6&3 64.93% 1,67-6 3,y3!7�3u L,�7.133 Taxes at 98.89% F3as k.aafaiL=as 94,62-6 112,200 6 .34. .437 177,415 149'JM L- o-casr 24.397 65,740 26.45% 41,431 971731.3 2E3L.231 @ end of 3rd �.ppro-pnanadFuadSalan a - 266,594 fl.fl4ri - X15 ryll 98,105 9,400 5'_,13, sg 156, 23,,142 TO1aLRevrmmt,s: 15A94'41 13,70C1L36 :0-76Ya 1 16,4+62,116 Ls4su,Nl U."O'M Quarter. P1�esdirurrs CN an,Gul'G�L®GGt %illa50-Co iL 94.049 146354 -67.71% 100328 133,637 1 ML.115 %-LIIaSCo-NIa w 196,67E 296,7L4 -66.35% 217,75& 337,,411 2334024 Hum2LmF.&6cnrra& 130.454 241.3:3 70.624: 131,-6a3 23kam 233,169 FlmMra 337.191 513.703 70.67% 374,739 4W4S6 49[5,7666 1a 36c Tocbn<'-u� 225,326 116.139 66.947 215,647 ZWR297 2x3,430 vaLasro-3T0.-ten 119,.a45 170,990 70.0% 135,272 IS5461n I33,3176 Mzl FDCWTI 226,-672 3&6 21 79.34% 2176,157 2156034 373,430 €-0anwal S micas-Trilla_oo-HaLL 113,537 1,530,2p1 176,552 -61.5R% 82,347 10"gS 43,336 PL61C�-: -aw Ea=m„-am+amr 3,150,-629 4,546399 -66.55% 3,W5,233 4,300;373 4,153,343 °i F'a:Z-A 2,016,261 2,70'2 52 74.6910 1,83604 M45,4161 2-Ul.563 Gaaaeal 5 1cas-P_o-li.c Saiatf 119.652 5,88,742 193.469 -63.27% 76,256 1,54966 Iau44±o Public'Work 6: Pmb::,c Wr edcs.4.d�ia 284.6 L4 354349 N.20% 261,-699 3n.24x 343,,22 6amdtraa Lx031.997 1,477.508 49.49% 1x0.32,904 3;377654 1,47,6= Facilrtf" ices 436,471 -614,063 -65.515% 407,145 34g354 1520,140 Stro-41't Sr Grounj s 846,79a 1,314,467 -64.69% 896,423 3,413,44L 1,545,34L Vuli La M,m,tw m� 28-0.197 2,a48,471 366.978 71.069: 266,673 356,736 3504233 Cr..,,.m ty DMVIupmaar A P3­.iu Cmm+m„mmir1 Plaaane_ 251.999 406.536 62.4a% 381,146 243,633 237,79, BMAd= 366.406 466.425 75.089: 34-6,399 4153~173 46040x9 Cod&12_d� 76,442 595,61' 116.953 6-0.264: 66,9'1 454464 4y214 L ad:Ta o-Sac-Li c ac: DMrY 493.262 676,942 71.399: 466,124 6354461 615,93E Ro- Who 701.076 3,602,293 -64.959: 582,023 93543,0 93,,233 Pack ISs-n,�a - - 431144: - - - POO: 223,754 242,784 77.1454 296,643 4W259 30615x1 Spo-ciaLEin .i 60.578 67,000 64.635". 52,444 -m3" 77,566 Tu % 297,133 L,767,600 166,436 76.4444 322,497 3%Wax 4(O 461 Rasurva-S Sr Other: Dubtsanwp - - 8.00 - - 2-OS1,3x4 C.-H, -- 2-6.594 SM47 10.447 9,499 14,0" 43,162 T.16fae�Ou: - - 0.044: 431,992 3,334,434 1-63,437 Vex-7apa_=GMtal 200.654 223,134 14'_.639 326,795 343,936 531,429 7odmlrxp.rrditnres 1211-53P.417 12-4-4S.R95 1TJMJS4 11,1Td,4YI az � 1 T` `� Ned RrreraeUrir Exprax FY L 3 S3a525 S - S a 6 2?a € 447.^53 S is715T� Budget $3,535,525 Expenses @ 69.81%...Tracking roughly 5% below target! Tax Distribution Schedule 3rd Quarter End: $917931994 Fiscal Year 2010 Fiscal Year 2411 Fiscal Year 2012 Amount Amount Amount Distribution: Date Received Date Received Date Received Cwrent Tax d stributian Al 1111.22009 $ 519,801-86 11115!2010 123,518.20 11!9."2011 1 203.080.01 Cunent Tax d stributan#2 11!25!2009 1,091,199.53 1112412010 1 125,179.87 1 U23,12011 1,440,080.22 Cunent Tax distribution#3 121N21009 0,538,289.83 1281512010 5 355,1013.62 12!5,12011 1,860,120.36 Cunent Tax a5tributicn#4 12J30?2009 224,611.73 12+2912010 1.520,062.48 12!14,"2011 4,014,100.00 Investment Ewnings�1 1f13f2010 1,925.71] 1112x2011 1,10021 1!11,^2012 1,58477 Cunent Tax 10istributan#5 112{U2010 618,807310 1f1912311 615,399.12 120f2011 370,870.58 Cunent Tax distribution#6 2+1712010 259,865.66 281612311 330,074.05 UM2012 419,150.31 Delinquent Real Estate Distribution#1 2+24121]10 22,882,39 Cunent Tax distribution#7 3+17121]10 143,445,31] 311812/611 180,005.72 2115,^2012 823,374.88 Delnquent Tangible distribution#1 3831121]10 7,881.45 4Wfi2011 1,241.01 2129.12012 6,202.31 Cunent Tax distribution#B 41%2010 514,217,65 411812011 530,461.66 N14.12012 230,600.42 Investment Earrings 4 2 M22010 221.06 8611112311 119.79 N18,12012 2,390.21 Cunent Tax d�stributian AD 511912010 118,835,91 811812011 190,989.43 4!11,^2012 368,595.36 Cunent Tax d stribution#10 812412010 80,899,90 8122/2011 72,964.70 5!10,12012 237,330.92 Current Tax distribution#11 71812010 (52,884.96) Current Tax distribution#12 7!11,12012 7,948.42 Tax Sale DistriibrGan 712112010 284,004.12 7f2082311 290,807.93 7!18,12012 201.630.79 Investment Earrings 8 3 881112010 215.42 811012311 37.36 DelnquentTangi6le distribution#2 611612010 2,587.38 Defnquent Real Estate DistrLu ion#2 131112310 34,18927 DelirquentTangible distribution 93 9f27f2O10 2,018.86 Defnquent Real Estate Distribution 83 1 IRM 10 13,283-65 DefnquentTangibie distribution#4 1013Q010 U17.713 Dek quentTax Distribution W31f2011 28,356.09 Delnquent Tax Distribution 9118!2011 39,049.07 Adjustments(payments) Other (778.00) Other (758.00) Other (750.00) Total 11,053,128.31 Total 10,441,869,27 Total $ 10,003,578.76 Total Ad-Valorem $ 11,545,395 $ 10,760,409 $ 10,425,562 Less 5% (577,270) (538,020) (521,278) Budgeted A& alorem (95%) $ 10,968,125 10,222,389 $ 9.904.284 Actual receipt as%of budileted ad-valorem 100.78% 102.15% 101.0096 FY Zoi3 � t y Actual receipt as 96 oftotal ad-valorem 95.7496 97.0496 95.9595 Budget .. AA General Fund Contingency Manager contingency ongi"I Budget 21,669 Expenses; Cardno TBE(Aeml Based Concept Plan) 750 ?SD Remaining Manager Contingency 20.918 Council Contingency Original Budget 86,678 Budget Amendmentents: Vinage M.urwgerMoving Expenses 20,000 (20.004) Revised Budget 66,678 expenses: Michael Redd&Assoc.(Veteran's Parkl 11,700 Donation-Wiliam Dwyer High$C1W(Project Graduation) 500 Colin Baenziger(VM Search) 18.750 Donation-$un000rA High School sm Project Graduation 500 (31,950) Remaining council Contingency A728 TOTAL REMAINING CONTINGENCY IS 9.6-4-71 1Y 2013 v Budget <"' General Fund Unassigned Fund Balance Calculation Amount of Unassigned Fund Reserve FY 2012 Adopted Balance as of As a % of Reserve Available for #of General Fund Budget WHO Budget Amount spending months 17,517,544 10,688,659 61 5 - current 7.32 17% $ 2,920,175 5 7,768,484 2.00 25% $ 4,379,386 $ 6,309,273 8.00 35% $ 6,131,140 $ 4,557,519 4.20 40% 7,007,018 3,681,641 4.80 45% $ 7,882,895 $ 2,805,764 5.40 50% $ 8,758,772 1,929,887 6.00 *"Alternate percentage: 30% 5,255,263 S 5,433,396 8.60 *"Alternate #of months: 5 7, !?8,X77 $ 3,369,662 Note: Cost estimate for devastating storm (worst case scenario): $3 million. � � -t,. X2013 � ,,•Unassigned Fund Balance would be reduced to $7.69 million or 44% of FY 2012 Budget "Budget Analysis of Fund Balance G rowth by Year Total increase $1,792,703 1800,00� 1,600,000 1,400,000 Tota 1 1,200,00 Total Total Increase _ � ,1�1 Ad-Valorem Revenu 1,000,000 Increase _ Increase Ad-Valorem Revenue can 800,000 384,88a _ $245,561 only be budgeted at 95"o in 600,000 accordance with State Law 400,000 (due to discounts for pr mpt 200,000 payment). Historically, the - — e mmendation: r Village has received ver ( ransfer 100% of this revenue 2009 Actual 2010 Actual 2011 AMA 2012 anticipated FY source. - ■OtherSources 1 A,239 198,285 (135A79) 152,415 013 savings t0 MM-Valorern 159,8 85,x03 119,4.90 99,295 and 5 year CIP Ian ■Labor Saving 5f)8,603 101,595 161,9ea 410,431 Vacancies: -Average of 16% •Labor savings are due to position vacancies during the year, new turnover rate employees brought in at lower salaries, employees receiving lower than average merit increases, reduced overtime, and employees selecting -Average 40 days different health care options than budgeted. open period on vacant positions -Other sources include increases in other revenue sources and reduced costs for: property/casualty insurance, fuel, repair & maintenance and materials & supplies. FY l 2013 - Can expect at least $250k growth in fund balance yearly Budget " PA Developed Contribution Recap Developer Contributions Received (Original Amount Dui 1,1T5,000 Fiscal Year 2608 254,4[10 Fiscal Year 2609 254,400 Fiscal Year 2010 254,400 Fiscal Year 2411 2541400 Fiscal Year 2412 175,400 1,175,000 Total amount received fro in Developer 1,175,000 Developer Contributions Used To Date Tennis Facility 404,440 Pool Resurfacing 164,444 Pool Equipment Boom 55,444 EuMeted for use in Fly 2612: Shade Structure for Kiddie Fool 9.0130 2 Baseball Scoreboards at Osborne Park 9.0130 Osborne Park Playground Resurfacing 10.0130 Shade structure for Osbome Totlot 9.0130 Playground Equipment 4 ..3130 80,444 Total Developer Contributions Used To Date 695,000 Received Contributions Available for friture use *Developer fees can only be utilized for "parks and recreation purposes" - � Limited to the purchase of equipment and the construction of facilities FY 201.3 � Budget -A -A- low, \ �w �r .• .:� _ ��_��,i►,fir � �;� t }�•r'}� _ �1.� =. . t � `` ' E .. �4 , FY 2013 Budget Impacts ➢ General Fund Revenues will once again be adversely impacted as a result of the unprecedented "devaluation" of real property here in the Village, causing the re-evaluation of the Village's organizational structure and the manner in which we provide both essential and leisure services to this community. ➢The Village in FY 2012 had a total gross Taxable value of $1 ,495,282,994. That value has again decreased to $1 ,486,295,612 — a further reduction of $8,987,382 or 0.6% in "taxable" value. FY 2013 Budget FY2013 Millage Options FY 2012 MkHage Rate 6.9723 FY 2012 Ad-Valorem Proceeds 9,904,284 FY 2012 GROSS Taxable Value S 1,495,282,994 DeereaseinCROSS taxable value S {8,987,382} -0,6 1�10 FY 2013 GROSS Taxable Value S 1,486,295,612 FY 2013 Rolled Back Rate 6.9990 Increase ?(Decreasel over 2012 Ad- Calculations for selection of uaillauge rate; Millage Rate did-Valorem Valorem Retain FY 2012 AlUlage Rate 6.9723 S 9,844,754 S (59,530) FY 2013 Rolled Sack Rate 6.9990 S 9,882,454 S (21,830) MMage Rate Required to retain FY 2012 Ad-Valorem 7.0145 S 9,904,284 S - FY 2013 Majority Vote Rate 8,8274 S 12,464,120 S 2.559,836 FY 2013 Two-Thirds'`ote lute 9.7101 S 13,710,475 S 3.806,192 Statutoi-y MayLimum 10.0000 S 14,119,808 S 4,215,525 's Pe opo ed Rate 7.6700 S 10,829,893 S 925,609 FY 2013 Budget .: Millage Options for F °' 1 Manager's Proposed Budget: *7.67 mils General Fund-Proposed budget Proposed Budget Millage Dptions *Priority #1 & #2 capital items Current Fiscal Year proposed Budget Alternate 91 Alternate#2 lrrdudes NO Capita?(Priority#f ls+ctudes Capdal{Pri rrly includes ALL Capdal as &2 capital to uMize CIP #1 S 2) submitted by Deparbnents Funding) Millage Rate 6.9723 $ 7.6T04 7.f 967 $ T,1200 Total Budget $ 17,517,544 $ 10,484,863 5 18,946,157 $ 17,708,274 Total Ad-Valorem Proceeds $ 9,904, 84 $ 14,829,893 $ 11,291,167 $ 113,053,304 Contingency $ 108,347 $ 103,614 $ 1114.068 $ 104,246 (Manager&Coawd) Capital (non-developer)(') $ 777,221 S 1,238,121 $ - (")Exdudes$95,000 of capital blilizing developer Priority#1 &*2 only All Capital cankiba tans Unassigned Fund Balance $ 10,688,659 $ 10,688,659 3 10,688,659 $ f D,688,659 Unassigned Fund Balance as a%of budget 61% 58% 56% 60% BudgetaryFFax Impact: Increasel(decrease)over 2012 Budget 967,319 $ 1,428,613 $ 190,730 Percent In crease l(decrease) 5.52% 8.16% 1.09% Increasel(decrease)over 2012 Ad-Valorem 925,609 5 1,386,903 $ 149,020 Percent Increasel(decrease) 9.35% 14.0x% 1.50% *Note: Manager's Proposed Rate establishes the maximum millage rate that can be set by Council in September! FY 2013 Capital Outlay Request (in priority order) 0el2arunenl Division Pri6ril DrscrlaeOfl Requested Amount Reveaaorr Pad WA-Deve4per Fees FSiddt Pa2l Enhwwem#m 50.000.00 Remaaxn Reowhon KfA-Dm-elbperFees PL round Equiprnern-C,.garne 45.000.00 S 9SIOW100 S 95000.00 Pub ,Walks Sweeft t Sidewalk reparrwilLLige m6e 40,I10d_00 Police Fwlm 1 One markedpol"vehide 26.86 ,00 Fi*Re$CL* FEre R6S�XM i SL4f a[nt miN bwa?"aparah,s(27) 240.000-40 GS Paver-Sa" G,S PLiAc Safety 1 Replace scan ewcrk 50000.00 L" Library 1 Roof replawmerd 152000.00 R*xeatian Recreabort i Replace rwo(2)afa handers 22000.00 872,M.04 Carne Wrty 0eve4gprnent CaadeC,gnrplance 1 Replace 2MS•10 Piefwp 56000,00 $ 510.892100 FuVol,Wprk9 Streets 2 AsphadtChwuy-Alleys 58,000.06 Polk* Police 2 Three(3�umm*ed pdice wKeles 86,6715.00 Decry U4rary 2 replace at handler M06100 Rerava6m Recreabon 2 Small Bud 40.000.00 CarnrrAmn ity Deve4opm nt Comem uty PUnni n 2 ReVace 2DW Dodge Durango 72.000.00 $ 266329.00 S T17.221.00 Pub is Works Faaiity Sgrviaes 3 PW Ranking Lot drainage S pyoi-N 80.000.00 Rea-eaucn Tenrrs 3 loe MaGhEne 5.'500.00 S 8S'Sw,00 Public Wanks axeets 4 PW$1-)odge Raf°pk*up w`kn gate b 25.444. Pubic Works �wita5on 5 PackerTnxk $ 186.444,04 PUN--Works SarEetS B 6345e4d Groomer § 21.40D,00 Pu6tic Works Vc6hida Maainterrance 7 Gene+aw 60,0130,00 Pub ,-works Samna" 8 'OuHCis-TEp'd mtipswr as.sd"r; 34,OOi m Pub o Works Nm rt"Serv►.3es 0 P&storage huildErq re-ma 6 55400.QD TOW Capi"01AL-Oky- ' °' Village — Priority 1 & 2 = $777,221 L33.12100 FY 2 01 Developer Fees = $ 95,000 � CAI Budget Total = $8721221 Taxable Value & Ad -Valorem Tax Revenue 2012-2013 Amount Inorease;+� %Inorease;+) 2011-2012 PROPOSED Decrease(} decrease(-) ADOPTED DUD GET BUDGET over Prior Year ore/P riar Year GROSS ASSESSED VALUE: $ 1,495,282,994 $ 1,486,295.612 $ (8,987,382) -0.60% BUDGETARY TAXABLE VALUE JS6%): 1,420,518,844 1.499.98U,831 -8,538,013 -0.60% OPERATING MILLAGE: 6.9723 7,8700 0.6977 10.01% ESTIMATED AD VALOREM TAX REVENUE: 9,904,284 90,829,893 925,609 9.35% 2011 -2012 Millage Rate= 6.9723 mils Rol I Back Mi Ilage Rate for 2012-2013 = 6.9990 mils 7412 -2413 PROPOSED Millage Rate = 7.6740 mils I ncrease from 2011 -2012 Millage Rate = 4-6977 mills °.o Increaseldecrease over Ralf Back Rate 9.551/6 MILLAGE TABLE MILLAGE OPTIONS Roll Back Rate- 6.9990 1.00 MIL = $ 1,411,961 -75 MIL = $ 1,456,986 M ajorfiy Vote: 8.8274 -50 MIL = $ 705,991 .25 MIL - s 352,995 213 Vote: 9.7101 -10 MIL = s 141,198 tatuto Max: 10.0800 FY 2013 Each .10 Mil = $1411198 Budget Revenues •'• Ad-Valorem revenue accounts for 58.59% of this year's proposed budget. ❖ The combined revenue estimates for all other revenue sources, other than ad-valorem , is projected to be $7,654,970 which accounts for 41 .41 % of this year's proposed budget! ❖ Proposed future projects (commercial & residential) are coming forward in the next few years that will potentially increase General Fund Revenues. These items will be discussed at the Community Development Department Budget Workshop in August. FY 2013 '4 Budget jug General Fund Revenues FY 2012-2013 Fines &Forfeitures Investment Income $81,115 $61,758 0.44% 0.33% Charges for Services I $2.023.697 ll 10.95°•0 Miscellaneous $108240 0.59% ■Taxes-Ad-Valorem Taxes Intergovernmental ■l7ti WO Service Taxes $1.224,939 o Franchise Fees 8.639o- o Sales&Use Taxes i ■Menses&Permits Licenses &Permits Add-Valorem Taxes o Intergovernmental $684,212 $10,829393 3.70% 58.59% ■Charges for Services GFiner,&Forfeitures ■InvesbTient Income Sales&Use Taxes ■Miscellarweaus 266,006 1.44% Franchise Fees Utility Service Taxes $1,085,589 $2,119,414 5.57% 11,47°! Total 518,484,863 FY 2 013 Budget General Fund Revenue Analysis ow�*d e� >�y� 4�> I ) Actost AobmJ AobW J Fi3calFeub}12X413 2D12BmW ava=ft" Glb3 U 1 %nfl 1 rIM 7azr€ A&['alormI'd%ea 10,829,643 $ 4,9041 435% # 10,441,E6} t 11,033,128 S 11,5+17j53 FtaxbmFees. Fletr_n- 771904 773,453 -03M 504,10.7 MAN S59,M CT& 3D.951 1491a 106.a79r: 7,459 14,456 13,439 r Tm.1 282.514 LM5,5a9 277,E 2.Dd% 273,506 266,199 243,496 LIWSenimTom: ELeMch- 96D,847 0.79% 1x017,774 1,034,593 934,196 CAb 61a93a 7176 4.49% 60,x33 70.663 56,179 TeLeODUR MVurm 76'3.14'3 504,965 4.72% 747,5(6 852.913 9KO65 XMe1 31M33 2,119,414 324,006 -D-3M 322,771 303,68E n5m SaIeE&Use 1ffm3 Lo:90_-,toe Ives ?65.0f+6 -'53,423 091r.. 239,794 266,977 267,357 L1,30Q MI! 13,387x331 6.3214 1d,0K.1" 14,7KW 15rm.7lF I.iemses A Pereils: RAIfiu2PMKjjS 440.Dn} 741,304 -13-23:ro 473,943 422,194 '83x62 DeklOWFeea - - O.M. 234,900 230,990 25Q@00 CUIMUORdLKAME '-'-Ac. 236,000 -3.811.16 227,56E 23b,991 319,031 Ofta Lkmim.Fees.Pmk1 -' ' 4.I51) 314.7591. 6,P 2.0n 6,424 Illfer°_4I-ELTU LE" Shan JLRUM OtbKL cl�Unrt 49,651 47273 5.93% IMAM 96,23] 57,632 Sere S uiA Reti-.ue L4Xd CKRI]'�Ck Sales lose 81DX1 794,512 324% 79-4rI09 WkM 7M381 S=RHLeme Me Proceed.- 324,442 339,123 -0-21% 326,578 324,037 324,@49 OItifSwe 5 R-kInEMM 1a,?57 1,1571940 25,716 -24.01'.6 19,956 22,166 21,686 Olga OtbErIwagavRe4mw 17'98 1S90D S.M. .1 IM 6` `.5.333 14432 MR7,58 1,M,510 Charges ft Sei a a-1), +?apmeEI 235,430 149,723 57.22"6 147,648 140.343 IA746 LONM 1315 1.40D 29.6116 1,663 1.656 Ir2@5 PXOMM O Pod I SAD 181,000 0,833 168,107 198,474 2~476 Rea-mt(m 465,754 504,340 &54'6 5@4,038 4SS993 -35,@37 IECr: 394 L047,472 32$,=72 23.D[Pr-0 332,373 36),482 '_93,417 PubkSafetf Amm mu Fees 275404 215.000 O.fff6 234,779 268,554 lam,_ 0tba RD-70D 355,700 75.104 7.4n. 66,997 73.339 75,412 PubkWadcs SOudwijaeconKe am M5,000 O.Wf6 308,9.14 368,376 363,166 0tba ILODD 377,4(9 12JDX O.W;3 31361 32,773 23,692 lmC.e61 dX 5.64 12.6r;. 4,346 3,9 6 2a10 L4:3,s? L898.896 69Jli 1774 ] 3?,1li 1 d 816 Fmes 14 ForfL am Lo=-Lr-n-DLnsqxnw 21,540 21304 1.13% 46,117 20,176 M25 Iatrar.. 9rI75 ID-6W -1LM% 1@,672 lum 12;067 RhL.S,ir.- SD3OD 84344 -3736% 64,626 112.5w 146,@56 !11115 11I,200 -17-?M 17MM 1693191 146XD ISsrdLiueaas Iuhq=3 ?--bak - - 0M. 10,970 IM M 15],21p Sales o:S'-_b-. - 0M. 4,190 63,610 43,-W Olta [3'40 &4M 77.236 34,391 3€,066 109.6m s1k 161 X4.1 d WOR5 Use of Developer O17a &1,,740 -17 9^,7�1 M.218 p3a6} Fees $95,000 AppropaultdFumd aaLoce 960 8D�d0D 10.754 FY 201 } IaraIPa-noes: 5 1164863 14 a1?C+dd 52111 s 1s'9E,69: s ]9.eu99sc s ]9'li j1 3 l` ,1 Budget Budget increase of $970,319 or 5.52% over FY 2012 Expense Categories : ✓ Personnel (Wages & Benefits) ✓ Operating Costs ✓ Capital Outlays ✓ Debt Service FY 2013 r kw� , Budget Personnel : ❖ Personnel Costs will naturally increase each year and although they are anticipated , they are significant given that Personnel related costs account for roughly 72% of the Village's overall budget! FY 2 01 Budget Compensation Overview GE & FPE Employees P & F Employees • Anticipates 0% Market or COLA • Anticipates 0% Market or COLA Adjustment Adjustment • Merit increase (0-5%) * Per Collective • Step increase as required in the Bargaining Agreement Collective Bargaining Agreement(s) • 19.86% Village Defined Benefit • 20.22% Village pension contribution pension contribution (which is pp (which is up 0.19% from current 0.29% from the current year) & 6% year) & 2% employee contribution employee contribution from date of from date of hire. hire. • 50 Defined Contribution Pension • 150 Defined Contribution Pension Plan offering, which is mandatory n offering, which is mandatory for for all newly hired, "non-certified" all ewly hired non-union eligible PBA-union eligible employees. emplo es. Estimated $38,346 savings if Village contribution is changed to 12% 44i FY 2013 *. Budget w Employee Benefits BENEFIT MONTHLY COST ANNUAL COST HEALTH $122,127.91 $1,465,534.87 DENTAL $3,969.62 $47,639.62 VISION $0/EE PAID $0/EE PAID LIFE/ADD $1,065.75 $12,789.00 LTD* $2,756.03 $33,072.35 *LTD will reduce to $2,633.54 month/$31,602.47 annual with purchase of STD **STD would be a new addition this year X2013 - Update: STD benefit was not approved at the Benefits Workshop so this Budget PAy g cost will not be included in the Final Adopted Budget. Medical / Dental Overview Health & Dental Insurance: • Following RFP results, recommend changing providers from Humana to Cigna • 3.91 % increase vs. 16.91 % increase proposed by current vendor Humana Healthcare Insurance - Monthly Employee Cost HMO POS Single +1 Family Single +1 Family Proposed= $0.00 $102.97 $216. 14 $43.46 $189.88 $350.80 Prior Year= $0.00 $ 98. 19 $206.20 $75.60 $249. 16 $440.20 A. FY 2 01 Budget General Fund Organization Chart FY 2012-2013 Residents of The Village of North Palm Beach VILLAGE BOARDS Village Clerk 4 -Audit Committee Village Council -Construction Board of Adjustment 3 FT -Library Advisory •Pension Boards Village Attorney •Planning Commission -Recreation Advisory Village Manager •Waterways Board •Zoning Board of Adjustment 2 FT Finance Human Information Community Public Law Fire Library Parks& Resources Technology Development Works Enforcement Rescue Recreation 5 FT 1 PT 2 FT 3 FT 8 FT 37 FT 43 FT 24 FT 10 6 FT T 6 FT 2 PT 13 PT (+1 PT) 0 PT 43 PT 5 Volunteers 18 Volunteers Summary: Change: 139 FT FY 2013 69 PT +1 PT Budget 23 Volunteers Personnel Summary GFNERAL FUND F/T P/T Prior Year= 139 68 Proposed= 139 69 +/- no change + 1 Addition of one (1 ) part-time CALEA Manager position in Police Department (Commission on Accreditation for Law Enforcement Agencies) FY 2013 ��� �fit.; Budget Operating : ❖ Operating Costs are continually tracked and monitored to ensure appropriateness of expenditures. All Operating lines have been closely scrutinized by Administration to provide for essential costs taking into consideration the current economic conditions. FY 2 01 Budget Q9 Operating Costs nest ription Amoum Cantrsefual Services 810.954 *5ft-eetlhi<ia LL Cznftmict($119,249) t Paik L i-mnanrLL Ci nUmict($297A53) +Poo]-IU e C YOr(W:100) ■.CkshrOia.L Senzaes 0106:164) •Fadlity -irm-OusideRepams •V 3xi mm s x•are sit agra®*mtL-}ter_ Utilities 495,887 �Eler co($2gg ) Gas X3:232) «Telephone&Data ($FA 377) +V.mm & ^ er{#x,055) Nuteria.L=& Supplies 574,%D2 4-hfatTTa1G&S WLies ('$301,002) 11 Ohre Supplies ($45:200) •C__PUb_St[ppL_ (33&DM •Auto P2m Supplies ($106,000) �L��r�?•�l'ateTi1�G{�•83:800'j ReEmalion Program Eapeases 522,15-0 PropLLAy:General LiabUitg 392,639 Gas.Dil& Lubricams 255,020 R.epai.rs a A3amtemance 282,507 •R&M Automotive(#„-:W) •R&M Building&Cam ( M,75 ) •R&hII-MwtmEry&F•.g4mmr ({27,000} •R&hI P_A_&Com®icatim Sys EEM ($31�967) R&A3 StormDramape S}-Aem (WL00D) •Tree TrinMZh3g ($10.00D) Legal Fees 170,9M Solid Waste DispGs:sl 79,524 UnLfo-rms 32,100 Travel,Training& Canferenre5 66,925 SpedaL E-ena 8 7:000 Professional Seri.-ices 112.500 Total Fiscal Year 2012-2013 Qperati' C 4,200,249 FY 2 013 Budget tAR� $4,200,249 Capital Expenditures : ❖ Capital expenditure continues to be made with special attention towards infrastructure. The Village is over 50 years old and is requiring amplified levels of care. -,ur FY 2 01 �, o, Budget ' `�s Capital Outlay Department Mount Public Works Sidews&repair-Yffiag-v WLL 40,000 AsphaltCh•erlay-Alleys 58.000 b 98,000 Police VEbkle Replaoem w(1)marked 28,892 VEbkle R,eplaremm (3)1 added 86,676 115;568 FiLT Rescue Self contsi[L*breathing apparatus{?7) 200,000 General Senices-Public Safety-Building Stoaewo¢t replacement 30,000 Libran- Raaf replacement 152,000 A-C Hm&ureplacement 59,.653 211,653 Community Development Vehicle Replace— (1)-Code CompLiance 18,000 VEbkle Replaremew(1)-Community Planning 22,000 40,000 Parks lac Recreadon Small Bas 40:000 Developer Fees PlaygrrnmdEgnipmear{•) �3:OOa - ECiddie Pawl E,nhantemew(0) 50.000 $95,000 `�° ` °��' " Total Fiscal Year 2012-2013 Capital Outlay- S 3!2.221 FY 2013 f r �r5 Budget � $872,221 Reserves & Contingencies ✓ Debt Service The General Fund is DEBT FREE! $ 0 ✓ Contingency $103,614 Budget l AA Combined Expenses FY 2013 Personnel $ 13, 308 ,779 Operating 4, 200 , 249 Contingency 103 ,614 Debt Service 0 Capital 872 , 221 Grand Total $ 18,484.863 Budget General Fund Expenditures — FY 2012-2013 By Department Leisu re Services $2.637,228 Reserves&Other 15.35%— $4:K2W General Govemrnent i2.a% $2,162,740 e�re C"urnunityGiapment_ i 11.70% Public Safety is the #812:409 'kl � - largest department Public orks is the 2nd 2 (42.41% of budget) largest cepartment (22.93% . f+f P&Iic Safety of budget) P�b Work5� $7, 24 $4,237,749 4241% 22.93% By Function capiw Gantingency Personnel Costs are $872;2:21 $1d3,61A 4,72% ° driving the budget at O ;ng 72% "200:249 22-720,n Personnel $13,306,779 72% Total $18,484,863 FY 2013 Budget jug General Fund Budget Summary 06&a1 AA-2l •ti Iacraa=a+ 1Fev711.2 {Tkriere)oatr 202 n�bw r--d fiN.�l Pistol fear?012.2413 @WEet 33edFe1 OP.-M-13 WROP GFr,14-Cd Rereavr TMI: 3d-Valonmrzuo-: 14x$29,643 S 9,404,2a4 4.31:14 9 10,413,459 S 13,0331Y1 S 33,937,354 Utd-;SarLicaTaxaS 2,119,414 2,154,444 -1.617% 2,194L44 3=X5 Lp3VM Fraorha-Las 1,085,568 3,065,580 1.667 1,193,04 3,264,329 I^Dl Silo-:&j%Tao-: 2M.0% S 14 07,9132 263,423 0.967 329,794 21WTn 267157 L.irmm Se grcit< 04,212 74 L,434 -7.72% 939M 410,4Y7 916}636 Cv.ccgrnwoc_aamL 1,224,933 3,203,324 1.719% 1=,539 3,3 VOS 3,64 91 CbMEP6 dx}x-[474% 2,023,87 3,646,03 -6.577 1,427,376 3,437,115 I finO49 Use of Developer Fmo-:-. -Fornir=as 81,115 112,2 -27.704% 371,414 L*,Wl 145 34 L-rma:L 61,73a 61,740 -2797% 42,743 296..219 (3,315} Fees $95,000 � Fund 9abwza 95,004 6&CM is.n% S 79-051 279.[43 304 F3 TwidReaemen: 19 863 1'7,517,%U 5-57% 34,594,4#2 i0dWFj95 L9.19"Z] Cgnare3 C-mm=nt VILauCcuncO 146,730 14,354 4277 331637 134,125 L22fM L'�lacal!zti:m• 271,032 76,714 -2-057% 332,449 296,0Q4 272!374 :ILLm=R&;aLraS 279 42 38 15.72% 32[,469 233,169 217-019 7inan:a 514,-663 533, 2.949E 444,434 495,766 4UJ376 hdmmatmTwJmc3oizv 333,746 336,789 431% 14�xV3 215,410 2E2.363 Wimp ALrt{mG\' 1711,404 174,040 4.447 359PI 133,336 L34j3V 3TillanClek 294,026 2_65,223 .737 b6.^11039 273,536 2f4f.;c C,®oualSm•LirarVAbgg HaU 111;2@!? 2.162.M 175,312 - X-595 45 37f. MEW Patac Saio-t}' Laor 3simram= 4,765,974 4,595,09 2417 4 A B I c e d Budget Firm]luv .o- o- 2,964,9 7132 55 2, 32 9.917 2 5, 1� Gmw&LSm-Lirw Rblic SLdm7 1-62,534 7,838,524 192,469 -15-524% L5966 '� L20F430 139,254 1hOhlLrPobbcLWe&&Sdmio 362333 353349 4.637 ,fo r31F,,,Y 2013: SamtrRCm 1,432,654 I,477,308 431% mfist 3 455,975 Facil�SuLim 617,631 -631,243 -2-12% x 1 .484-863 Stro-x:&Gfmmd: 1,347,611 1�1#,467 19.99% 1. 1 Lf- V1, � Vchiclallrwmumc4a 416,676 4,237,793 36 3I378 12.31% G r1-daralopo Qu&PI-ing CMM-- s3Maooiau 2-66347 '_34,637 1-6.33 341625 217,799 21647114 Budd= 544,437 -16 3,425 33 457,173 466,099 463,4w Coda?U-m-mo= 114,-665 912,#04 11&431 1 % 45,451 95,134 LII"74 [[drum SULiM: LiRuary 867,-651 -676,342 31.13% 433,453 595,436 767XL Rrxraoua 1021,66$ ],000, 2 2.327 93596 933x73 417,557 Pauk 1!Linhk R 0.007 - 734p11 Pool 363,414 '_42, '_-'.Ll% 440.2M 30M13 3454*_L Spo-ciaLErar.: 67,444 0.007 76176E 73,+%6 7102E Tmmi6 473;2M 2,8374a 3,436 2-1.34% 346,499 403;469 363.419 R3usmzvs,k lh6W: Dobtsan•sa - MT. ;244.394 3,434,450 Cnnt-,-coc- Id13,-614 190,347 43'c L4A49 43,Lfi3 14,193 T TrausEo73m'DaI - - 0.00`% 1334,434 163,496 319'60 Nem-D"wmomtal 392,-633 392,639 MT, 343,426 713,429 44936 FY 2013 Yr a t ToulEmprodiwm 19AStm M51? 5.5T% 1*11�934 LOIM t'7 3k.43.1,OU 1 Budget x_ Y 7tid Rrreooe Drer Pspeex - # s 447^sc s 4a]su i ]s9a,4J RECAP : Manager's " Proposed " FY 2013 Budget 2 Establishes a "tentative" Millage Rate at 7.67 Mils. El Provides a balanced budget for FY2013. El Provides for capital expenditures (Priority #1 & #2 items). 2 Provides for employee merit wage increases in accordance with the prevailing Collective Bargaining Agreements and it anticipates a 0% Market Adjustment to the Pay Plan. 2 No utilization of prior year's unassigned reserves! El NO reduction of Village services! FY 2013 Budget AA6 Maximum Millage Recap : 1 . Choose to establish a millage rate up to 8.8274 with a simple maiority vote of Council. 2. Choose to establish a millage rate between 8.8275 and 9.7101 with 2/3 vote of Council 3. Choose to establish a millage rate above 9.7101 with a unanimous vote of Council Manager's Proposed Millage Rate is 7.67. . .This sets the maximum millage rate allowed for the Village. Council may reduce this rate for the FINAL Adopted Budget but may not increase it. . .see millage reduction options provided on next page. FY 2013 brAw. � a Budget Milla a Override Options for Final Bud t-- Utilize CIP Funding for Priority #7 2 capita!Items(For Discussion purposes only) utilize Reserves to reduce mileage * Lowest Millare A millage rate lower than 7.12 without utilizing Rolled-Back Rate current Mileage Rate mil is not recommended unless Current Fiscal Year reserves ($7.12 mils) ($6.9990 mils) ($6.9723 mils) Unassigned Fund Balance is to fncludes NO Capital includes NO Capital be ised for shortfall. (Priority 016 2 rapltal to ffWuriy#� & 2 capital to Includes NO Capital utilize CfP Funding) utilize CIP Funding) * A sum tion: CIP Funding ill be utilized in all �Prlorlty#1 & Pcapi€al (UNize Vnas.sigrredFund (Utilize Unasslgned Fund p g tv utilize C1P Funding) Balance) Balance) scenarios Millaclie Rate 6.9T23 $ 7.1200 $ 6,9990 $ 6.9723 Total Budget 17,517,544 17,740,274 5 17,768,025 3 1T,708,028 Total Ad-Valorem Proceeds 9,904,284 16,053,3G4 S 9,882,454 3 9,844,754 Contingency 188,347 104,246 5 184,440 3 104,888 (Man agar& Council) Capital(non-developer) ') (*)Excludes$95,000 of capitef t ilizirrg Utilize CIP Funding for Utilize CIP Funding for developercontrf.butOns Priority#11 & #2 items Priority 91 & 92 Items Unassigned Fund Balance 10,688,659 10,658,659 5 10,518,055 5 10,480,355 Utilize 5170.604 of Utilize 5208,304 of reserve reserve Unassigned Fund Balance as a % of Budget 61% 60% 59% 59% BudgetaryfTax Impact= Increasel(Decrease)over 2412 Budget $ 190,730 5 196,484 3 190,484 Percent Increase!(Decrease) 1.09% 1.09% 1.G9% Increasel(Decrease)over 2012 Ad-Valorem 149,020 S (21,530) 3 (59,536) Percent Increase!(Decrease) 1.50% -0.22% -0.60% Taxpayer Impact (Estimated) Current(FY 2412) FY 2413 Proposed(57.67 mils) Esrfmarod Percent of ad- Percent of ad Increase tD Ad Valorem Taxes Millidge Tax BiII valorem Wx Milillage Tax Bill valorem tax Taxpayer Village of North FlaIm Beach 6.9723 $ 1,394.46 3.:J`� 7.6700 1.534~00 32°; $ 139.54 Palm Beach County 4-7815 956.34 20% 4-7815 956.30 20% * Palm Beach County Debt (1-2110 42.20 1% D-2110 42.20 1% * School Board 8.1800 1,840.50 39% 8.1800 1,840.50 38% * Health Care District 1.1250 225.00 5% 1.1250 225.00 596 * SFVaAD 0-4363 87.26 X96 D-43%3 87.26 2% 7.67 mils * Chi Idrens Services Council 0-7475 149.50 3% D-7475 149.50 3% FIND 0.13345 6.90 0.0,345 6.90 0% Impact: $139.54 Total Ad Valorem 702.12 1609o- 4.841.66 100 1fl FY 2013 Alternate IST.12 mils) Percent of ad Millage Tax Bill valorem Ux 7.1200 $ 2:-.�= 4-7815 956.30 20% FY 2013 rates not yet available D_2110 42213 1% 8.1800 1 r84❑L5lla 39% 1-1250 225L❑C 5% D-4363 87-26 2% 7.12 mils 0.7475 149.56 3% Assumption: $250,000 home with D- 6M ❑ Impact: $29.54 $50,000 homestead 4.731.66 1°°°° FY 2013 RI FZ $6,9990 mils Percent of ad Millage Tax Bill valorem tax 6.9890 $ 1.399.80 30°.'D S _•-- 4-7615 956 3❑ 20 0.2110 42.20 1% 8-1800 1,840.50 39% 1-1250 225.00 5% 0.4363 87.26 2% D-7475 149.50 3% 6.9990 mils D-0345 43.90 0% s ry Impact: $5.34 FY 20>< f r� R 4,747.46 100% Budget uN r . y. Village FY2013 Budget Hearings September 2012 September 13th and the 27th Sunday Monday Tuesday Wednesday Thursday Friday Saturday 1 2 3 4 5 6 7 8 School Board County Budget 9 10 11 12 13 14 15 A 7 � 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 County Budget FY2oi3 - Budget AA61b Village of North Palm Beach FY2013 Budget Workshop Schedule DAY DATE TIME SUBJECT WED JUL 11 7 — 10 pm Country Club Budget overview p WED JUL 25 7 — 10 pm General Fund Budget overview THU JUL 26 7:30 pm 'Council Meeting Manager's Proposed Budget Presentation WED AUG 1 7 — 10 pm GF Budget: Police, Fire-Rescue, Public Works WED AUG 8 7 — 10 pm GF Budget: Parks & Recreation, Library, Council, Clerk, Attorney, Manager WED AUG 22 7 — 10 pm GF Budget: H.R., Finance, I.T., Community Development, Debt & Other WED AUG 29 7 — 10 pm Budget Recap and Millage discussions � FY 2013 r ", Budget �r TENTATIVE dates and times are subject to change Questions Answe rs ? FY 2 013 Budget s i l