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2017-07-19 Budget WS_FY18 Proposed BudgetVillage of North Palm Beach FY 2017-2o18 Council Budget Workshop FY 2o18 Manager's Proposed Budget July Zg, 201.7 Tonight's Meeting Agenda • FY 2o18 Proposed Budget Overview — Proposed Budget Summary — Country Club Budget Overview — General Fund Budget Overview • FY 2o18 Millage Selection Options • FY 2o18 Millage Table • FY 2o18 Tentative Millage Rate • FY 2o18 Budget Hearings FY 2o18 Proposed Budqet Summary Category General Fund Country Club Total Millage Rate $7.33 N/A $7.33 Personnel $15,986,869 $766,177 $i6,753,046 Operating 61169,155 11665,290 7,834,445 Capital 0 23,000 23,000 Debt Service 11293,101 398,159 1,691,260 Transfer Out o 0 0 Contingency o 0 0 Total $23,449,125 $21852,626 X26,301,751 Position Type General Fund Country Club Total Full -Time 144 5 149 Part -Time 69 27 96 Total 213 32 245 FY 2o18 Country Club Budget Overview Proposed Budget Summary Category FY 2018 FY 2017 % Increase / (Decrease) s Increase/ (Decrease) Personnel $766,177 1,218,306 -37.11% (452,129) Operating 11665,290 21219,398 -24.97% (554,108) Total 2,431467 3,437,704 -25.77% (s,006,237) Capital 23,000 7,000 Debt Service 398,159 398,159 Total Budget 21852,626 1842,855 -25.77% (990,229) Budget Assumption Course will be closed for restoration from May 1, 2018 through end of fiscal year FY 2o18 Country Club Budget Overview Total Revenues = $21852,626 Golf Merchandise Sales $100,000 3.51% Golf Lessons $100,000 3.51% Country Club Revenues Appropriated Retained Earnings $526,649 18.46% Other $60,800 2.130/ Greens Fees 4"Ift $655,902 22.99% Driving Range $327,866 11.49% Membership $500,180 17.53% Cart Rental/Walking Fee $581,229 20.38% R FY 2o18 Country Country Total Expenses = $z,85z,6z6 Capita $23,00 0.81% Operating $1,615447 56.63% Debt Service $398,159 13.96%6% Club Budget Overview Club Expenses Personnel $766,177 -3F RFo/ Iroperty & General _lability $49843 1.75% ing Costs go 58.38% M. FY 2o18 Country Club Budget Overview Personnel Costs Budgetary Assumptions: • Health Insurance (2% increase) • Workers' Compensation (1o% increase) • Merit (3.75% increase) • ICMA Pension Contribution = 15% • General Employee Pension Contribution = 21% • Delete 3 FT (F&B Personnel) • Delete 35 PT (F&B Personnel) FY 2o18 General Fund Budget Overview General Fund Budget Summary Category FY 2018 FY 2017 % Increase $ Increase Millage Rate 7.33 7.33 0% o Personnel $15,986,869 14,873,237 7.49% 11113,632 Operating 61169,155 5,735,715 7.56% 433,440 Total $221156,024 20,608,952 7.51% 1647t072 Debt Service 11293,101 0 Transfer Out 719,587 Total Budget 23,449,125 21,328,539 9.94% 21120,586 FY 2o18 General Fund Budget Overview General Fund Revenues Total Revenues =$23,449,3.25 ■ Sale Use $31 i.-. Frai F $i,i 4• ■ Utility' $2 Charges for Services $2,326,o5o Intergovernmental 9.92% -----^ ^- $1�466,358� 6.25% Investment Income $50,300 Fines & Forfeitures 0.21% $68,575 0.29% Miscellaneous $5z,800 0.23% `I I ■ Ad -Valorem Taxes $14789,868 Millage Rate= $7.33 63.07% FY 2o18 General Fund Budget Overview General Fund Expenses (By Department) Total Expenses =$23,449,125 Leisure Services J $2,855,695 12.18% Debt Service $1,293,101 5.51% General Government $3,270,956 13.95% Community DevelopmenL- $1,609,264 \ 6.86% Public Works $5,280,368 22.52% Police and Fire $9,139,741 `38.98% 10 FY 2o18 General Fund Budget Overview General Fund Expenses (By Category) Total Expenses =$23,449,125 Operating $6,169,15! 26.31% Debt Service $1,293,101 5.51% Personnel $15,986,869 68.18% 11 FY 2o18 General Fund Budget Overview Personnel Costs Budgetary Assumptions: • Health Insurance (2% increase) • Workers' Compensation (io% increase) • Merit (3.75% increase) • ICMA Pension Contribution =15% FY 18 Position Changes FY .:L8 FY 2017 Change Full-Time 144 139 +5 Part -Time 69 70 -1 Volunteers 43 52 -9 Contracted Employees (PT) 14 14 No Change Budgetary Assumptions: • Health Insurance (2% increase) • Workers' Compensation (io% increase) • Merit (3.75% increase) • ICMA Pension Contribution =15% FY 18 Position Changes Budgetary Impact (Salary & Benefits) Add 2 FT Police Officers s164,124 Add 2 PT Crossing Guards 10,455 Add 1 FT Planner 75,189 Add 1 FT PIO 75,189 Add 1 FT Accounting Clerk / Delete 1 PT Accounting Clerk 27,903 Add 2 PT Library Clerks / Delete 4 PT Library Pages 1,590 Total Estimate $354,449 • General Employee Pension Contribution= 21% • Police & Fire Pension Contribution = 20% 12 FY 2o18 General Fund Budget Overview Components of Operating Cost Increase Description Total Master Plan Implementation Study/ Zoning Code $1001000 US1 Study: Lane reduction & streetscape 50,000 Public Works Accreditation 65,000 Lighthouse Drive Concept Study 75,000 Stormwater System Cleaning & Video Inspection 75,000 Windscreen at Anchorage Park 101000 2 carry cans & engine work as needed 30,000 Dumpster maintenance 101000 LED Tennis Court Lighting 35,000 Energy Conservation Project (Facility & Street LED Lighting) 30,000 TOTAL $480,000 2.3 FY 2o18 Millage Selection Options FY 2017 Millage Rate FY 2017 BUDGETED Ad -Valorem Proceeds FY 2017 GROSS Taxable Value FY 2018 GROSS Taxable Value FY 2018 BUDGETARY Taxable Value (95%) FY 2018 Rolled Back Rate 7.3300 12,868,838 $ 1,848,041,694Increase in GROSS taxable value ��$ 275,871,310 14.930 $ 2,123,913,004 $ 2,017,717,354 6.9039 14 Increase/ % increase/ Budgetary (Decrease) over (decrease) over Calculations for selection of millage rate: Millage Rate Ad -Valorem 2017 Ad -Valorem FY 2018 RBR 7.3300 Retain FY 2017 Millage Rate $ 14,789,868 $ 1,921,030 6.17% FY 2018 Rolled Back Rate 6.9039 $ 13,930,078 $ 1,061,240 0.00% Millage Rate Required to retain FY 2017 Ad - Valorem 6.3779 $ 12,868,838 $ - -7.62% FY 2018 Majority Vote Rate 7.7745 $ 15,686,744 $ 2,817,905 12.61% FY 2018 Two -Thirds Vote Rate 8.5520 $ 17,255,519 $ 4,386,680 23.87% Statutory Maximum 10.0000 $ 20,177,174 $ 7,308,335 44.85% 14 FY 2oi8 Millage Table 15 Milla a Table 1.00 MIL $ 2,017,717 .75 MIL $ 1,513,288 .60 MIL $ 1,210,630 .55 MIL $ 1,109,744 .50 MIL $ 1,008,859 .40 MIL $ 80707 .35 MIL $ 706,201 .30 MIL $ 605,315 .25 MIL $ 504,429 .20 MIL $ 403,543 .10 MIL $ 201,772 15 FY 2o18 Tentative Millage Rate i. Choose to establish a millage rate up to $7.7745 with a simple majority vote of Council. 2. Choose to establish a millage rate between $7.7746 and 68.5.520 with2/3 vote of Council 3. Choose to establish a millage rate above 68.5.520 with a unanimous vote of Council Manager's Proposed Millage Rate is $7.33 mils ... 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. 16 FY 2o18 Budget Hearin September201.7 Village Budget Hearings September 14th and the 28th Sunday Monday Tuesday Wednesday Thursday Friday Saturday 1 2 3 4 5 County Budget 6 School Board 7 8 9 x x 10 11 12 13 14 15 16 * 17 18 19 20 21 22 23 County Budget 24 25 26 27 28 29 30 0 2) FY 2017-018 Budget Workshop Schedule Wednesday June 14, 2017 7 — 10 pm Council Goal Setting and Mid -Year Budget Review Wednesday July 19, 2017 7 — 10 pm Country Club Budget Overview General Fund Budget Overview Thursday July 27, 2017 7:30 pm Council Meeting Managers Proposed Budget / Tentative Millage Rate Country Club & General Fund Departmental Budgets: Wednesday August 9, 2017 7 — 10 pm Golf/Restaurant/Administration Parks & Recreation/Library General Fund Departmental Budgets: Wednesday August 16, 2017 7 — 10 pm Council/ClerkNillage AttorneyNillage Manager HR/Finance/IT/Debt & Other Wednesday August 23, 2017 7 — 10 pm General Fund Departmental Budget: Public Works Wednesday August 30, 2017 7 — 10 pm General Fund Departmental Budgets: Police/Fire Rescue/ Community Development Wednesday September 6, 2017 7 — 10 pm Budget Recap and Millage Discussion Discussion 19