Budget Workshop Presentation_Aug 30 2018Budget Recap
August 30, 2018
Village of North Palm Beach
FY 2018-2019 Council Budget Workshop
•FY 2019 Summary of Budget Changes
–General Fund
–Country Club
•FY 2019 Combined Budget
–Budget Summary
–Personnel Changes
–Budget Highlights
•FY 2019 General Fund Budget
–Budget Summary
–Revenues
–Expenses
•FY 2019 Country Club Budget
–Budget Summary
–Revenues
–Expenses
•FY 2019-2023 Five Year CIP
–5 Year CIP -By Category & Funding Source
–5 Year CIP Cash Flow Summary
–FY 2019 Capital Projects
•Budget Challenges
•Millage Discussion
–Your Tax Dollar
–Your Taxes at Work
–Taxpayer Impact
–Additional Homestead Impact
–Millage Rate Selection
Tonight’s Meeting Agenda
FY 2019 Summary of Budget Changes
General Fund
No change since last meeting
Change Impact
Positive / (Negative)
Updated Revenues
1.State Revenue Share Estimate received from FDOR
2.Revenue estimates increased (recreation , tennis & pool)
3.Increase revenue line items that were overlooked in Proposed Budget
4.Update Community Development Revenues
$142,471
Updated Personnel Costs
1.Updated employee salaries with current data
2.Updated PBA & IAFF calculations for employees at maximum salary
3.Remove addition of PT Fire Administrative Assistant position
4.Per contract, FPE employees receive 4% lump sum on 10/1
5.Budgeted salary assumption for Building Official position increased
(118,636)
Updated Operating Costs
1.Remove costs associated with addition of PT Fire Administrative
Assistant position
2.Update operating costs for Community Development & Tennis
21,750
Total $45,585
FY 2019 Summary of Budget Changes
Country Club
Change Impact
Positive / (Negative)
Updated Revenue Estimates
Revenue Estimates increased for Greens Fees, Cart Rental,Walking Fee &
Driving Range $81,986
Updated Personnel Costs
1.Vacant Part-time positions are unfunded
2.General Manager position updated
3.Director of Golf position updated
102,393
Updated Operating Costs
1.Reduced estimate for various operating costs:
Utility Costs, Materials & Supplies, Repair & Maintenance
70,000
Total $254,379
No change since last meeting
FY 2019 Combined Budget Summary
Category General Fund Country Club Total
Millage Rate $7.33 N/A $7.33
Personnel $16,782,752 $828,298 $17,611,050
Operating 5,997,383 1,618,269 7,615,652
Debt Service 1,431,336 433,689 1,865,025
CIP Transfer 405,000 0 405,000
Contingency 0 0 0
Total $24,616,471 $2,880,256 $27,496,727
Position Type General Fund Country Club Total
Full-Time 145 6 151
Part-Time 70 27 97
FY 2019 Summary of Personnel Changes
FY 2019 FY 2018 Change
Full-Time 151 149 +2
Part-Time 97 95 +2
Volunteers 43 43 No Change
FY 19 Position Change Summary + / -
New Full-Time Code Officer Position + 1 FT
New Part-Time Sanitation Collector position +2 PT
New General Manager position +1 FT
Two Administrative Assistant positions reclassified as Administrative Coordinators N/A
Reclassification
Outside Service Coordinator position reclassified as Second Assistant Golf Pro N/A
Reclassification
FY 2019 Budget Highlights
•Recreation Master Plan
•US1 Corridor Study –Master Plan Implementation
•ULDC / Residential Code Update
•New Positions
•General Manager
•Code Officer
•Two Part-Time Sanitation Collectors
•Storm-water Fee Analysis
•Balanced Five Year CIP
•Pool
•Anchorage Park
•US1 & Prosperity Farm Bridge Designs (Master Plan Implementation)
•Vehicle Lease Program
FY 2019 General Fund Budget Summary
Category FY 2019 FY 2018 %Increase $ Increase
Millage Rate 7.33 7.33 0%0
Personnel $16,782,752 $15,984,961 4.99%$797,791
Operating 5,997,383 6,013,263 -0.26%(15,880)
Total $22,780,135 $21,998,224 3.55%$781,911
Debt Service 1,431,336 1,293,101 10.69%138,235
Transfer Out 405,000 190,799 112.27%214,201
Total Budget $24,616,471 $23,482,124 4.83%$1,134,347
Taxes
$19,597,299
79.61%
Licenses & Permits
$980,100
3.98%
Intergovernmental
$1,500,382
6.10%
Charges for Services
$2,345,560
9.53%
Other
$193,130
0.78%
Total Revenues = $24,616,471
FY 2019 General Fund Revenues
Ad-Valorem = $15,579,720
Police and Fire
$9,671,875
39.29%
Public Works
$5,283,828
21.46%
Community
Development
$1,658,923
6.74%
Transfer Out
$405,000
1.65%
Leisure Services
$2,817,701
11.45%
Debt Service
$1,431,336
5.81%
General Government
$3,347,808
13.60%
Total Expenses = $24,616,471
FY 2019 General Fund Expenses
(By Department)
Personnel
$16,782,752
68.18%
Operating
$5,997,383
24.36%
Debt Service
$1,431,336
5.81%
Transfer Out
$405,000
1.65%
FY 2019 General Fund Expenses
(By Function)
Total Expenses = $24,616,471
FY 2019 Country Club Budget Summary
Category FY 2019 FY 2018
%Increase /
(Decrease)
$ Increase /
(Decrease)
Personnel $828,298 $581,761 42.38%$246,537
Operating 1,618,269 1,659,485 (2.48)%(41,216)
Total 2,446,567 2,241,246 9.16%205,321
Capital 0 23,000 -100%(23,000)
Debt Service 433,689 398,159 8.92%35,530
Total Budget $2,880,256 $ 2,662,405 8.18%$ 217,851
Driving Range
$300,000
10.42%
Membership
$531,709
18.46%
Cart Rental/Walking
Fee
$731,000
25.38%
Greens Fees
$862,000
29.93%
Golf Lessons
$85,000
2.95%
Golf Merchandise Sales
$45,000
1.56%
Appropriated Retained
Earnings
$275,647
9.57%
Other
$49,900
1.73%
FY 2019 Country Club Revenues
Total = $2,880,256
Personnel
$828,298
28.76%
Operating
$1,618,269
56.18%
Debt Service
$433,689
15.06%
Total = $2,880,256
FY 2019 Country Club Expenses
(By Function)
General Revenues
$2,630,992
14%
Debt Service
$700,000
4%
Infrastructure Surtax
$3,845,000
21%
Grant Funding
$5,792,000
31%
Fund Balance
$443,768
2%
Other
$5,170,000
28%Sale of existing truck ($200 k)
PW Complex ($1.5 million)
Storm-water Fee ($825,000)
Donation ($145k)
Lighthouse Bridge = $2.5 million PW
Complex
Five Year Capital Improvement Plan
By Funding Source
Total = $18,581,760
Carryover from
prior years
Vehicles
$1,691,592
9%
Equipment
$825,500
4%
Technology
$124,900
1%
Village
Facilities
$2,345,000
13%
Recreational
Facilities
$960,000
5%
Park Development
$1,859,768
10%
Streets & Roads
$9,875,000
53%
Stormwater
$900,000
5%
Lighthouse Bridge = $5.5 million
Prosperity Farms Bridge = $225k
US1 Bridge = $550k
Monet Bridge = $50k
Five Year Capital Improvement Plan
By Category
Total = $18,581,760
PW Complex
$2.2 million
Capital Improvement Plan
Cash Flow Summary FY 2019 -2023
FYE 2018 2019 2020 2021 2022 2023 Total
Beginning Balance $ 708,447 $ 311,679 $ 237,829 $ 133,542 $ 292,026
General Revenue -Ad Valorem 264,679 405,000 417,150 429,665 442,554 455,831 2,414,879
Infrastructure Surtax 840,000 840,000 840,000 840,000 840,000 4,200,000
Developer Fees 269,258 269,258
Debt Service 700,000 700,000
Grants 174,510 394,000 1,018,000 975,000 125,000 3,280,000 5,966,510
Other 200,000 1,605,000 275,000 275,000 2,815,000 5,170,000
PROJECTS :$ 708,447 2,547,447 4,891,829 2,757,494 1,816,096 7,682,857 $18,720,647
Vehicles 200,000 440,000 418,952 290,070 342,570 1,691,592
Equipment 72,000 173,000 100,000 128,000 352,500 825,500
Information Technology 81,000 43,900 124,900
Village Facilities 2,265,000 80,000 2,345,000
Recreational Facilities 510,000 450,000 960,000
Park Development 443,768 410,000 925,000 6,000 75,000 1,859,768
Streets & Roads 600,000 695,000 1,380,000 825,000 6,375,000 9,875,000
Stormwater 75,000 275,000 275,000 275,000 900,000
Subtotal 443,768 1,792,000 4,654,000 2,623,952 1,524,070 7,543,970 18,581,760
$ 311,679 $ 237,829 $ 135,542 $ 292,026 $ 138,887 $ 138,887 Estimated Ending Balance
CIP Transfer assumes
3% annual increase
FY 2019 Capital Projects
General
Revenues
Infrastructure
Surtax
Developer
Fees
Public Safety
Grant Fund
Recreation
Grant Fund
Other
Funding
Source
Total
FYE 2018 Balance (Estimate)$264,679 $269,258 $174,510 $708,447
FY19 Budget 405,000 840,000 0 40,000 354,000 200,000 1,839,000
Available Balance 669,679 840,000 269,258 40,000 528,510 200,000 2,547,447
FY 2019 Projects
Sanitation Collection Vehicle 200,000 200,000
Cardiac Monitor / Defibrillator 40,000 40,000
Community Center Lighting 6,000 54,000 60,000
Pool Resurfacing 150,000 50,000 200,000
Tennis Court Drainage System 50,000 50,000
Anchorage Phase II 10,000 10,000
Bridge Impvmt -Prosperity 25,000 25,000
Bridge Impvmt -US1 25,000 25,000
Asphalt Resurfacing-Streets 300,000 300,000
Alley Wall Replacement 50,000 50,000
Sidewalk Repairs 150,000 150,000
Bridge Repairs -Monet 50,000 50,000
Community Center Pathways 250,000 250,000
Pool Chiller 32,000 32,000
Pool Pump Room Renovation 200,000 200,000
Anchorage Phase I Completion 200,000 269,258 124,510 593,768
Total FY 2019 Projects 398,000 800,000 269,258 40,000 528,510 200,000 2,235,768
Net $271,679 $40,000 $0 $0 $0 $0 $311,679
Your Tax Dollar
Your property tax bill contains more than just your municipal taxes.The Village only
receives 35¢out of each dollar of your property taxes.The majority of the property tax
dollar goes to jurisdictions other than North Palm Beach.
Village of NPB
35¢
PBC
23¢
SWA
2¢
School Board
33¢
Special
Districts
7¢
Your Tax Dollars at Work in NPB
Department Total % of
budget ¢
Public Safety $9,671,875 39%$0.14
Public Works 5,283,828 21%0.07
Leisure Services 2,817,701 11%0.04
General Government 3,347,808 14%0.05
Community Development 1,658,923 7%0.02
Debt Service 1,431,336 6%0.02
CIP Transfer 405,000 2%0.01
Total Operating Budget $24,616,471 100%$0.35
This is where the 35¢ goes…
Taxpayer Impact
Ad Valorem Taxes
2018/2019
Millage Tax Bill
Percent of
total tax bill
2018/2019
Millage Tax Bill
Percent of
total tax bill
Village of North Palm Beach 7.3300 $ 2,565.50 34%7.5000 $ 2,625.00 35%
Palm Beach County 4.7815 1,673.53 22%4.7815 1,673.53 22%
Palm Beach County Debt 0.1165 40.78 1%0.1165 40.78 1%
School Board 6.5720 2,464.50 33%6.5720 2,464.50 33%
Health Care District 0.7400 259.00 3%0.7400 259.00 3%
Everglades Construction 0.0417 14.60 0%0.0417 14.60 0%
SFWMD 0.2519 88.17 1%0.2519 88.17 1%
Childrens Services Council 0.6403 224.11 3%0.6403 224.11 3%
FIND 0.0320 11.20 0%0.0320 11.20 0%
Total Ad Valorem 20.5059 7,341.37 98%20.6759 7,400.87 98%
Non Ad Valorem Taxes
Solid Waste Authority Disposal 181.00 2%181.00 2%
Total Non Ad Valorem 181.00 2%181.00 2%
Total Tax Bill $ 7,522.37 100%$ 7,581.87 100%
Assessed Value $400,000
Homestead Exemption (50,000)
Taxable Value $350,000
Impact = $59.50
Additional Homestead Impact
Description
$2001000
Assessed Value
$400,000
Assessed Value
$7.33
$1/099-50
$z,565.50
$7.33 with additional homestead
s916.25
$2,382.25
Village Impact @a $7.33 mils
(6183.25)
$7.50
$1,125.00
$2,625.00
$7.50 with additional homestead
$937.50
$2,437.50
Village Impact @a $7.50 mils
(6187.50)
Budget Challenges
•PBA & IAFF Union Contracts
•Wages
•Pension Liability
•Additional Homestead Impact (estimate -$600k)
•Clubhouse Operation and Debt Service
•$1.2 million in annual debt service
•No allocation included in Enterprise Fund to date
•Unassigned Fund Balance Level (current balance estimate -$5.8 million)
•Economic Impacts
FY 2019 Millage Rate Selection Options
Millage Rate Budgetary
Ad-Valorem
% increase /
(decrease) over
RBR
CIP Transfer Council
Contingency
$7.33
(budget as presented)$15,579,720 5.15%$405,000 $0
$7.40 $15,728,503 6.15%$405,000 $148,783
$7.50 $15,941,051 7.59%$405,000 $361,331
Millage Table
1.00 MIL $ 2,125,473
.75 MIL $ 1,594,105
.60 MIL $ 1,275,284
.55 MIL $ 1,169,010
.50 MIL $ 1,062,737
.40 MIL $ 850,189
.35 MIL $ 743,916
.30 MIL $ 637,642
.25 MIL $ 531,368
.20 MIL $ 425,095
.10 MIL $ 212,547
Rolled-Back Rate (RBR)
$6.9710 mils
FY 2019 Budget Hearings
September 2018
25
Sunday Monday Tuesday Wednesday Thursday Friday Saturday
1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
Village Budget Hearings
September 13th and the 27th
County Budget
County Budget
School Board