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HomeMy WebLinkAboutAgenda BOC 082114AGENDA CITY OF PALM BEACH GARDENS BUDGET OVERSIGHT COMMITTEE Thursday August 21, 2014, 8:30 AM CITY COUNCIL CHAMBERS I. CALL TO ORDER II. PLEDGE OF ALLEGIANCE III. ROLL CALL: Reaular Members Mark Marciano L. Marc Cohn Mark Feldmesser Dennis Beran Mark Schulte Chair Vice -Chair Regular Member Regular Member Regular Member IV. ADDITIONS, DELETIONS, MODIFICATIONS V. APPROVAL OF MINUTES: 1. July 24, 2014 VI. ITEMS BY COUNCIL LIAISON VII. ITEMS BY STAFF LIAISON: 1. Budget Oversight Committee Discussion of Advisory report. VIII. OLD BUSINESS IX. NEW BUSINESS X. COMMENTS BY PUBLIC XI. COMMENTS BY THE BOARD XII. ADJOURNMENT Budget Advisory Committee Report to the City Council For the Fiscal Year Beginning October, 24�42014 The Budget Advisory Committee is pleased to present a summary of comments and suggestions for Council's consideration for the fiscal year 20142015 Budget. The Committee continues to have a good working relationship with the sta€f-Staff and . Council liaisenLiaison, Mayor Premuroso. They have been very responsive to any questions or suggestions posed by the committeeCommittee. The City is fortunate to have a staff that is very knowledgeable and has the experience to make hard decisions that are in the best interest of the residents of our City. - - �- Fta4t,o...,. ere, The e4y-City received another positive mention on financial status as Fitch Ratings recently ungraded Palm Beach Gardens' GO Bonds to AAA from AA+, adding that it's -its financial outlook is "stable". it -is fiseal rating . oa e 44positive" as- opposed -te4'stable ' in past years by Fitch Ratings. fir addition, Fitc Ratings has r-a4ed the G4y of Palm Beaeh Gar -dens an AA* rating. This follows Moody's resent AAA rating of the financial status of the City in 2013. In reviewing the Fitch report, several points were made in terms of the cis City's strong financial management, expanding economy with affluent tax base and moderate debt burden. ta* debt serviee and a positive review of the eity's appr-oaeh to pension r-efefm. The wee Committee is pleased to note that real estate values in the City of Palm Beach Gardens qppeaf"e-h The Certified Property Valuation received from the Palm Beach County Property Appraiser of $8.77 billion reflects an slight -increase in property values of 6-.47_9% from 2013. With the improving economy, this trend should continue. The Committee commends eetmeil Council action taken to adopt a more detailed policy for the level of and use of the monies in the reserve fund. It is the goal of the City to achieve and maintain an Unassigned Fund Balance in the General Fund of not less than 17% of expenditures. The City currently has $23.5 million in unassigned reserves which equates to 3-532% of expenditures. The eemmittee Committee recommends that the City continue above the minimum threshold of 17%, due to the financial crisis that we have just experienced. In addition, given the continued risk for hurricanes and potential flooding, along with the uncertainty of FEMA support during future catastrophic events, this eommitteeCommittee agrees with eouneil Council and staff -Staff that a greater reserve fund must be maintained. Although our City and Northern Palm Beach County is poise has shown economic growth, we must be good stewards of the monies that have been entrusted to us. The Committee supports the announcement by the City Council that the property tax rate will remain unchanged at $5.7404 for each $1,000 of assessed value. This is sI}&15,-6.I% higher than the roll back rate of 5.606 4082 mills. With debt service decreasing from 0.1790-1733 mills to 0.16615 mills, the average homeowner in the City, assuming no change in their assessed value, will see a mild reduction in eity-City taxes. The City is now starting to see new residential and commercial development, which will increase revenues. We are also seeing new industry and business come into the City, which will expand the real estate tax base and help maintain the target of no millage rate increase for the next five years while still maintaining the quality of life that we are accustomed to. The Committee r-eeemmends staff and eetineil eemmunieate to the residents of the Cit about the budget meetings for the proposed budget. Although we are seeing improvement in the economy, we must continue to reach out to the residents for their input. This Committee is supportive of the City seu*ikCouncil and Staff for the changes made to the police and fire contracts and commends the work completed with the union leaders of the PBA and IAFF in creating a more sustainable method to calculate the contribution to the retirement funds . At the same time, the new contracts also maintain highly competitive salary and benefit packagespublic safety personnel. This Genunittee suppot4s the City Gotmeil and Staff for- the ehanges made to the pokee and fire eopitfaets. These ehanges ha-,�e been made "e to the eoneefn over- the finanees. The Committee supports the ehanges to the eontraets that have r-esulted in r-elie in the rate of growth of both salar-ies a -ad benefits and pension that will help to r-eduee the eests of these majof line items to the City. This Committee eommends the Getmeil, sta and tin' that have allowed the Fire pension to be funded to a r-at 0 ttp ffom 39.30,; f tin , of „„ rr,.„., n Q not ;„ 2nnti Given that future GASB pronouncements will require inclusion of unfunded pension liabilities on the City's financial statements, the Committee feels that it is important for the fund ratios to continue to improve. This will help maintain the eity'sCi 's financial ratings and oral stab li by reducing the unfunded liabilities. Although these were ex4emely hard d-eeisiefflfis -.a were made, they are neeessar-y to ensiffe that f4ffe benefi . ed to our- ptiblie safety employees ean be made without unduly taxing futu ee gen One concern of the Committee is the factor used for the r-etum an invest„ entReturn on Investment (ROI) calculation that is the basis for arriving at the annual contribution to the pension plans of both the Fire/Rescue and Police Pension Funds. As noted last year, the Police Pension Fund is reducing, its assumption rag dually from 7.5% to a verX conservative 6.5% over a ten (10)year period. Likewise, I�it is wi-se-prudent that the Fire Pension Fund has taken steps this vear to reduce the ROI from 8.25% to 7.25% over the next 5 years. ° and Poliee Pension Fund ettffen4ly uses an assumption of o > > Fund is eurrently lowering the assumption by 0. 1 0 each yeaf until it is reduced to 6.51%. the Fife Pension Fund of Given past and present fnaf-ket eonditions, it is our- opinion that the assumption tt&ed-by is was too high. The Committee would like to see the Fund adopt a phased appr-eaeh to lower- the 4westmefA assumption ever- tifne, similar- to the Peliee Pension Rind.The Committee recognizes that lowering this assumption may increase the City's contribution to the two funds; however, a ROI of 7.25% is more realistic and will put the pension plans on a more predictable path. This will -put the balanee, whieh mayjeepar-dize the City's stellar- er-edit rating. This may also under-seer-e the ability of the City to enteAain any benefit enhaneements in the near- fatufe. With the prospect of expenditures rising, even just at the rate of inflation, this wi44 may put an excessive burden on the ad valorem tax, which the Committee recommends should be shared by other usage fees. The communications service tax was raised to 3.5% in 2011 in an attempt to diversify the tax base. This Committee recognizes the importance of reviewing all sources of revenues, including waste collection, utility tax, further increases in communications service taxes but does not recommend any increase in such service fees or taxes at this time. . ....... NNN ...... AS 111V11N1L=UJ1= I Due to the fact that the City generates approximately 79% of ad valorem taxes through residential assessments, the overriding concern is the need for alternative revenue sources so that the City will maintain its stellar bond rating. The Committee recognizes that there is a need to constantly evaluate the budgeted expenditures for services the e4ty-City provides its citizens. When there are limited resources, the guidelines used in the evaluation must insure that services provided benefit the entire eityCity. One of the expenditures that may not meet that criteria is the storm water management and maintenance expenditure for the center e4y-City area. Those who live outside that footprint, which is west of Military Trail, are in fact taxed twice for the service. The area west of Military Trail are communities that fall under the jurisdiction of the North Palm Beach County Improvement District and are taxed by the Improvement District for the storm water management and maintenance and also pay taxes to the city for similar services. The Committee recommends a review of this and similar expenditures that could be taxed directly to only those citizens that benefit from these special services. Now that the City is seeing property values not only stabilize but increase, this will result in an increase in revenue while holding the millage rate the same. The Committee agrees with the suggestion in the budget to now look at certain capital improvement and repair and maintenance projects that had been deferred and can begin to catch up. !ems: The Committee is also encouraged by the additional residential units being constructed along Central Blvd and is excited about the diversification that the development of the Briger tract will bring. In summary, the City is in prime position to expand tax revenues by the addition of new businesses in the city, which should aid in reducing the burden on ad valorem taxes. With increasing property values and reductions and stabilizations in e4t�-City expenditures including but not limited to the fire and police pensions, we feel the City has done a tremendous job weathering the recession and is in a prime position to realize additional growth in the future. In speaking for the other members of this Committee, it has been a pleasure to serve on the Committee, and we are very fortunate to work with Mayor Bert Premuroso, the Finance dfflin s4., er Administrator and 4a€IStaff. The openness and transparency of the budgetary process is welcomed by the members of this Committee and by the residents of the City of Palm Beach Gardens. Dr. Mark Marciano, Chair Date L. Marc Cohn, Vice -Chair Date Mark Feldmesser, Regular Member. Date Dennis Beran, Regular Member Date Mark Schulte. Regular Member Date Community Services Department FY 2014/2015 Proposed Budget Highlights Engineering 1. Ford Explorer AWD $ 26,200 - Purchase Ford Explorer for Engineering staff for transportation to and from field work and inspections. Staff does not have a dedicated vehicle for this function. Community Services - Administration 2. Energy Efficiency Equipment Upgrade (Fire St. 5) $ 50,000 — Continuation of a 5-year program, which implements improvements derived from the 2010 energy audit • FY 2011/2012 - Upgrade EMS for City Hall (Annual Energy Savings - $9,500) • FY 2012/2013 — Upgrade EMS for Police Department (Annual Energy Savings - $8,900) • FY 2013/2014 - Upgrade EMS for Fire Department and BRCC • FY 2014/2015 & FY 2015/2016 - Convert parking lot lights to a more energy efficient system Communitv Services - Administration 3. Plaza -Amphitheater/Event Improvements $325,000 - Provide additional improvements to Veteran's Plaza for events - Includes stage covering, shaded seating areas for patrons, sound and lighting upgrades - Site will host multiple events to include: - Veteran's Day - Memorial Day - Dancing Under the Stars - Summer Movie Nights - Breakfast with Santa - Breakfast with the Bunny - Ballenisles Performing Arts Grant Series a Community Services - Public Facilities 4. Genie Lift $ 1,200 - Purchase equipment to assist staff for safe working environment in elevated conditions 5. Fork Lift $ 25,000 - Purchase equipment to assist staff with moving heavy and palletized materials 6. Golf Course Concrete Drain Aprons $ 25,000 - Drain aprons will provide a best management approach to the improvement of existing drain openings - Will prohibit vegetative growth into the drains 7. Golf Course Path Replacements $ 50,000 - Improving and replacing existing golf course paths in order to provide better driving surfaces for players and equipment 8. Golf Course Pump House Shelter Replace existing pump house facility to improve all weather conditions a Communitv Services - Streets and Stormwater 4. Vibratory Plate Compactor $ 5,300 - Replace existing 20 year old compactor 5. 3" Trash Pump $ 1,900 - Replace existing small trash pump 6. Blower $ 4,600 - Purchase walk behind street blower 7. Roll Off Dumpster Pads $ 5,000 - Install concrete dumpster pads for better removal of roll off dumpsters during collection from site Community Services - Construction Services 8. Renovate Office/Conference Room $4%000 Improve offices and conference room in the construction services area for increased access and productivity a Communitv Services — Recreation Aauatics 9. Replace Dive Well Covers $ 4,000 - Replace existing dive well covers 10. Pool Heater Replacement $ 40,000 - Replace existing pool heater as current life cycle is ending 11. Geo-thermal heat and chill unit for competition pool and main pool $ 16,000 - Heat and chill units will improve temperature conditions during all season swimming 12. New Scoreboard and Timing System $ 15,000 - Install new scoreboard and timing system for competition swim meets and tournaments Community Services — Recreation General & Teen Programs 13. Auditorium Wall Divider $7,500 Improve auditorium existing space for added classes and general space a Community Services - Parks and Grounds Maintenance 14. First Products Aerovator $ %000 - Equipment will improve turf conditions through mechanical aerovation 15. Field Dragger Edger Attachment $ 5,000 - Attachment will provide improved edging between clay and grassed surfaces 16. Self Propelled Litter Vac $ 4,000 - Equipment will vacuum litter in parks on multiple surfaces 17. Oaks Park Pavilion Replacement $ 35,000 - Replace damaged wood and existing roof 18. Turf Tractor $ 40,000 - New tractor will be used on turf and specialized areas - Tires and weight of tractor will not exceed turf capacities Total Expenditures $1.235M 1. Various street/sidewalk projects $510,000 — This account addresses the ongoing repair and maintenance needs for all existing infrastructure for City streets and rights -of -way that include: • Annual Street Repaving $400,000 • Replacement pavement markings for the street repaving $ 50,000 • R&M for street light fixtures/bulbs/poles $ 30,000 • Traffic signals and signage $ 10,000 • Traffic and pedestrian crossings $ 20,000 2. Capital $500,000 — The capital project included in this account is to create a master Citywide stormwater review in support of our annual NPDES requirements and goals. The project will address existing infrastructure needs and develop an affordable cost plan for needed repairs and ongoing maintenance. 3. Street lighting $225,000 — This account has been established in order to pay Florida Power & Light for our annual energy costs associated with the Citywide street lighting program 1WF Legend Structures Identified Areas of Con cem City of PaIrin Beach Gardens Responsibility 1 01011116 AREA 1: GARDEN LAKES AND PLAT 4 J: C) Lf MEMEL- 2- INC LUDES PLAT I and PLAT 6 ri E KKIWW4Hf 11-1.1 311 1 1 1. Expansion of Golf Course (Phase 2) $11300,000 - Existing clubhouse constructed in 1991 - 48,000 patrons annually utilize the facility - Design of up to 10,000SF clubhouse to replace existing facility in order to compete with the current Palm Beach County municipal golf industry - Includes golf learning center, food and beverage event facilities, and pro shop - This project is part of the multi -year recreation impact fund - The growth in development that is moving west provides a great opportunity for the City to help secure the future of this important golf property - In a recent study of the clubhouse, the National Golf Foundation (NGF) found "... a clubhouse for this facility is less -than -ideal for a public golf course for a number of reasons. Key deficiencies observed by the NGF include small size, leading to limits in merchandise and Food and Beverage capacity, as well as limited efficiency for operations. The restrooms are small and substandard... overall Food and Beverage space is awkward and unlikely to lead to high earnings. " 1. Expansion of Golf Course (Phase 2) $11300,000 Existing clubhouse constructed in 1991 Design of up to 10,OOOSF clubhouse to replace existing facility Includes golf learning center, food and beverage facilities, and pro shop 2. Expansion of City Park $200,000 — Funding for this project is a grant match from FRDAP — Includes playground, picnic pavilion and court sports 3. On Golf Course Restrooms $150,000 Provide restroom facilities on golf course to improve course amenities and convenience Compost sewerless system 1. Johnson Dairy/Military Trail intersection $600,000 — This project includes the installation of a new traffic signal and associated intersections roadway improvements (additional lanes, improved parking, etc. for Johnson Dairy Road — The proposed new traffic signal will be installed to improve traffic safety at the intersection and traffic circulation for City Hall, Police Station, Fire Station, Sports Complex and the residential area on Johnson Dairy Road — Palm Beach County will be closing the median opening on Military Trail just north of Burns Road that leads into City Hall. — By losing the traffic movement, existing traffic volume will circulate to the Johnson Dairy Road intersection causing an increase in traffic at this intersection requiring the need for the proposed traffic signal �1 Johnson DaiV Road If \�\ k i I Key: f ' I I L--© A. Military Trail median closure per FDOT. u B. Existing main entrance to be redesigned for a righbout only II I exit, consisting of I l' travel lanes and an elarged 20' median. f• _ I C. Possible future traffic signallzadon.. D. Driveway closure creates dead-end parking. e , I E. Intersection reconfigured to be l l' travel lanes with a 40' I median for significant landscape design. Fait consists of both right and left turn lanes. F. Potential area for inccniGaesthetic feature (to be determined) G. Johnson Dairy Rd. to be restriped for 11' travel lanes. - I K Proposed 8' parallel parking on south side of road. - I I. Access from apartment complex is maintained. J. Existing perpendicular parking is maintained. Some reduction to occur where adjacent to medians. l I K. Entrance access driveway to be reconfigured with a traffic i I circle and median for traffic calminglcirculation. L. Propose 6' sidewalk entire length of Johnson Dairy Rd. (south side) M. Proposed 8' meandenng sidewalk- N. Reconfigure parking lot entrance to align with intersection. O. Reconfigure security fencing to add monopol and allow landscape treatment at the entrance driveway. r� P. Proposed perpendicular parking. O. Reconfigure temporary parking area to improve circulation. R. Relocate to the the ballfield. Rr _ existing sidewalk south side of S. Reconfigure entrance roadway to align with existing travel lane. All parking Is removed from drive to aleviate potentilal conflict. T. Special paving at key intersectionsand crosswalks r� for accent and traffic calming. - U. Proposed turnaround for traffic calming/circulation. t t On -site Parking: -13 spaces Off -site Parking: - 7 spaces — � Total Parking: - 20 spaces I Conceptual Site Plan #4 • �- The Garden's Entrance r w~ Palm Beach Gardens, FL Date: June 7, 2013 Scale: 1" = 100' ® - - 0 100 200 2. Riverside Dr/Burns Rd signal improvements $100300 — This project includes the installation of a new traffic signal phase for north and southbound left turn movements to improve AM and PM peak traffic movement I Campus Drive improvements $600,000 - This project will improve Campus Drive by installing lighting, improved pedestrian facilities, and additional traffic lanes for stacking and should a traffic signal be warranted at Campus Drive/Fairchild Gardens Drive, the project will install a traffic signal J FY 2014/15 Operating and Capital Improvement Budget Update City of Palm Beach Gardens Us New construction totals $141.5M Property value last year $8.1 B Ah Ah J Property value this year $8.813 Increase of 6.1 % from last year in existing property a Ah Third consecutive year values have increased; however, total is still down I I % from high of $9.9 B in 2008 Proposed Maximum Millage Rate Operating Debt millage millage .1615 — 5.7404 — no down from change :1.1733 Combined rate 5.9019 — down slightly from 5.9137 Effect of Proposed Maximum Tax Rate on Typical Homestead Property Owner TaxableValue Current $1,183 Proposed $1,203 Increase of $20 $300,000 TaxableValue Current $1,774 Proposed $1,801 Increase of $27 $400,000 TaxableValue Current $2,365 Proposed $2,400 Increase of $35 Impacts of Economic Downturn Property taxes reduced by $7M 2007-2012 Reduced full-time staff almost 15 Cut almost $3M in operating costs Eliminated pay increases where contracts allowed and renegotiated collective bargaining agreements so that all groups of employees went at least three years with no salary increases Renegotiated public safety pension benefits FY 2014/2015 Budget Strategy and Focus Areas Operating Cost Factors Personnel Cost Factors FY 2014/2015 Budget Strategy Investment in Infrastructure/Use of Reserves Operating Cost Factors Increased usage of facilities Turf (participants doubled in last 5 years) Restrooms/fixtures/plumbing Equipment - playground, turf, irrigation, etc. Aging Facilities Deterioration of Stormwater infrastructure Roofs Interior/exterior paint Parking lot surfaces Enhanced Repair & Maintenance Program • Turf replacement, irrigation repairs, Parks playground equipment repairs - $168,600 • Roof repairs/maintenance, bathroom Facilities fixture/plumbing repairs, carpet/flooring replacement, interior/exterior painting of various City buildings - $359,100 Medians Restore number of cuts of City maintained medians to 41 per year - $141,000 ParkingLots Resurface various parking lots throughout City - $164,000 Stormwater System Improvements • Implement first year of improvements to be identified and prioritized in report being Stormwater prepared in 2014 • Currently projected as part of CIP program in Gas Tax Fund - $500,000 Personnel Cost Factors Salaries IAFF 0% increase per contract PBA 2.5% across-the-board, plus additional 3.9% average adjustment SEIU and Non -bargaining 2.5% across-the-board, plus additional I % average adjustment Pensions Police $2.4M Contribution Fire $3.4M Contribution FRS $1.2M Contribution Insurance Transfer to Health Insurance Fund $6.9M (0% increase) Workers Comp & Property/Liability $1.3M (3% increase) Funded ratio up from 48.9% in 2006 to 691% Annual contribution down $1.4M from 2012 Funded ratio up from 38.3% in 2004 to 771% Annual contribution down $I.I M from 2012 Investment in Infrastructure/Use of Reserves Budget Stabilization Reserve Estimated Balance as of 9/30/2014 - $4M - Increased from $2.4M since established in2011 Projected drawdown of $800K to help augment and accelerate funding of Police Training Facility and Johnson Dairy Road Improvements — total one (1) time transfer from General Fund of $2.1 M All Funds Budget Summary $60.5M $39.7M $20.3M $7.2M All Funds Budget Summary $49.2M $5.7 $19.1 M $41.2M I General Fund Budget Summary $49.1 M $29.1 M $15.5M $4.5M I General Fund Budget Summary A $5.2M $49.2M $30.8M General Fund Budget Changes Revenues and Sources Ad valorem up from $46M to $49.2M Other revenues up from $21.5M to $22.8M Excluding beginning balance and transfers, revenues up 6.4% Expenditures and Uses Personnel costs up from $47.5M to $49.1 M Operating costs up from $14M to $15.5M Excluding reserves and transfers, expenditures up 4.4% Other General Fund Highlights ' Capital Outlay • Significant Expenditures: • Plaza Amphitheater Improvements • Radio Communications Monopole • Additional PoliceVehicles • Energy Efficiency Upgrades • IP based video camera system Other Fees and Taxes $325,000 200,000 1209000 50,000 45,000 • No charge for curbside garbage or trash collection • No electric, water, or natural gas utility service taxes • No City storm water assessments • No City fire assessments Other Fund Highlights Gas Tax Special Revenue Fund • Significant Expenditures: • Storm Water Improvements • Various Street/Sidewalk Projects • Street Lighting • Burns Road FEC improvements I L Golf Special Revenue Fund $5009000 5109000 2259000 1709190 • Projected Revenues $196K455 • (Conservative estimate due to closings over part of last 2 years — difficult to estimate effect of renovations until one full year of history) Other Fund Highlights Recreation Impact Fee Fund • Significant Expenditures: • Golf Course Clubhouse Expansion • Expansion of City Park • Golf Course Bathrooms Road Impact Fee Fund $1,3009000 • Significant Expenditures: • Transfer to General Fund for Debt Service • Johnson Dairy/Military Tr. Intersection Improvements • Campus Drive Improvements • Riverside Drive/Burns Rd. Signal Improvements 200,000 1509000 $684,824 6009000 600,000 100,000 Other Fund Highlights Police Impact Fee Fund • Significant Expenditures: • Police Training Facility $1,880,000 Other Fund Highlights Fleet Maintenance and Replacement Fund • Significant Expenditures: • Replacement of city vehicles Self-insurance Fund • Maintained Current Level of Funding • Projected Reserve Balance $4629500 $6,900,000 590009000 Five (5)Year Financial Forecast - General Fund Highlights l • Maintains operating millage flat at 5.7404 through FY 2019 • Reduction in debt millage from .1615 to .0584 • All General Obligation Bonds to be paid off in FY 2019 • Unassigned Fund Balance maintained at $23.5 M • Budget Stabilization Reserve Balance maintained at $3.2 M Summary PY ')(lld/')fll S R"rl at Prr%virbac VG\r V Spending Plan to Accomplish Following: Establishes an enhanced repair and maintenance program to ensure facilities are maintained at level of service residents expect Provides significant investment in infrastructure, increasing from $3.6M to $7.2M, using $800K from Budget Reserves Provides funding for all collective bargaining agreements, including recent PBA contract No change in operating tax rate, and a slight reduction in overall tax rate Detail Line -item Budget Available Online at ww.pbgfl.com Allan Owens, CPA, CGFO Finance Administrator aowens@pbgfl.com 561-799-4163 Mary Anderson- Pickle, CGFO Deputy Finance Administrator manderson@pbgfl.com 561-799-4164 CITY OF PALM BEACH GARDENS POLICL TACTICAL '1'IZAINING CENTER 3 MAIN AREAS OF DISCUSSION: • Purpose, need, use of the facility • Budget, design, cost • Location 709 a. let t. _ UK 1 _ 1 uaa =. U k T ! _. LOCATION MAP - MM����� Feet 0 25 50 100 150 200 SUBJECT SITEMMUNICIPAL BOUNDARY UNINCORPORATED PBC f IL Am V IF ti AL 4 rr 4 in Ail m ` AL LOCATION MAP 77����� Feet O 25 50 100 150 200 SUBJECT SITEI MUNICIPAL BOUNDARY UNINCORPORATED PBC AURORA, ILLINOIS POLICE DEPARTMENT l IBM f�� F w 1T t k it MADISON, WISCONSIN POLICE DEPARTMENT k -• -� f Var � ` { - J9y i.iy_ FT+II■�6.G City of Palm Beach Gardens General Fund Five Year Projection REVENUES/OTHER FINANCING SOURCES Taxes Ad Valorem Taxes Local Business Taxes Utility Taxes Special Assessment Franchise Fees Licenses and Permits Intergovernmental Charges for Services Fines and Forfeitures Investment Income Miscellaneous Other Financing Sources Total Revenue and Other Financing Sources EXPENDITURES/OTHER FINANCING USES General Government Public Safety Physical Environment Culture/Recreation Capital Outlay Debt Service Operating Transfers 2015 2016 2017 2018 2019 49,177,378 50,623,668 52,321,603 54,158,865 55,108,723 1,430,000 1,444,300 1,458,743 1,473,330 1,488,064 2,184,000 2,205,840 2,227,898 2,250,177 2,272,679 - 123,976 123,976 123,976 123,976 5,240,000 5,292,400 5,345,324 5,398,777 5,452,765 3,047,500 3,123,768 2,213,233 1,953,431 1,884,821 4,990,000 5,039,900 5,090,299 5,141,202 5,192,614 4,116,489 4,140,007 4,163,759 4,187,749 4,211,979 155,000 156,550 158,116 159,697 161,294 255,000 255,000 255,000 255,000 255,000 790,425 798,329 806,313 814,376 822,519 684,824 690,660 694,320 687,882 688,779 $ 72,070,616 $ 73,894,397 $ 74,858,584 $ 76,604,463 $ 77,663,214 15,620,168 15,960,090 16,393,231 16,843,263 17,310,991 39,968,307 41,047,085 42,586,029 44,194,483 45,876,132 8,386,634 8,617,833 8,856,249 9,102,139 9,355,771 643,410 660,625 678,334 696,552 715,295 1,367,350 1,215,750 1,751,650 1,911,550 3,017,550 4,580,625 4,457,135 4,176,057 3,905,879 3,178,464 2,321,026 600,000 - - - Total Expenditures and Other Financing Uses $ 72,887,520 $ 72,558,518 $ 74,441,550 $ 76,653,866 $ 79,454,203 Excess Revenues (Expenditures) (816,904) 1,335,879 417,033 (49,403) (1,790,989) Unassigned Fund Balance - Beginning 23,470,597 23,470,597 23,470,597 23,470,597 23,470,597 Assigned for Budget Stabilization - Beginning 4,067,621 3,250,717 4,586,596 5,003,629 4,954,226 Unassigned Fund Balance - Ending 23,470,597 23,470,597 23,470,597 23,470,597 23,470,597 Assigned for Budget Stabilization - Ending 3,250,717 4,586,596 5,003,629 4,954,226 3,163,238 Unassigned Fund Balance % of Expenditures 32.20% 32.35% 31.53% 30.62% 29.54% Projected Operating Millage 5.7404 5.7404 5.7404 5.7404 5.7404 Projected Debt Millage 0.1615 0.1429 0.1381 0.1333 0.0584 Projected Total Millage 5.9019 5.8833 5.8785 5.8737 5.7988 Capital Outlay % of Expenditures 1.88% 1.68% 2.35% 2.49% 3.80% PUBLIC SERVICES DIVISION PROPOSED BUDGET HIGHLIGHTS FY 2014/2015 Reorganization - Public Services Management Team Director and Deputy Director of Public Services & Emergency Management positions transferred to Community Services Administration ❑ Parks Director position reclassed to an Operations Manager for Parks/Grounds Golf Superintendent position reclassed to an Operations Manager for Facilities Cf. Building Official position reclassed to an Operations Manager for Streets/Stormwater Parks & Grounds Add two (2) Temporary Part- time Maintenance Positions - $14K Add two (2) Full-time Maintenance Positions - $33K Increase Overtime - $4K Increase Conversion of Leave - $5K Restore Contract Mowing: 32 to 41 cuts - $141K Increase Contract Irrigation Maintenance: Added areas - $50K Add Tree Trimming - $50K Parks & Grounds I-PoLhom R&M Projects - $200K Irrigation Plant Materials Temporary Labor Scoreboards Concrete Synthetic Turf Playgrounds Sports Lighting Post Padding Benches Picnic Tables Goals & Posts Trash Receptacles Split Rail Fencing Faucet & Flush Valve Replacement Lilac Dog Park Sod BRRC Pavilion, Fitness Trail Lights Lake Catherine Warning Tracks, Shade Replacement, Sport Field Netting Oaks Park Parking Lot Repaving PGA Park Basketball Resurfacing PGA Park Fencing City Park Sports Field Netting Parks & Grounds cont'd Self -Propelled Litter Vacuum $2K Aerovator - $9K Field Dragger Edger Attachment - $5K Turf Tractor - $40K ❑ Oaks Park Pavilion Repairs - $35K Facilities Personnel TA AdCI two (2) Employees - Part-time Add $50K — $45K Emergency Mgmt. Consultant Facilities "W— amting,iA Repair, Replacement and Maintenance Projects - $560K Parking Lot Lighting Repairs Interior Fencing Repairs — Aquatic Complex Aquatic Room Renovations Splash Pool Shade Structure Fabric Replacement Pool Pump Repairs BRCC Front Desk Renovations, Cabinetry Replacement / Art Room, Carpet Replacement Police DB/Admin Carpet Replacement Parking Lot Resurfacing - City Hall, Police Station Fire Alarm Panel Replacements - City Hall, Fire, Police Counter Top Replacement - City Hall Roof Repair - EOCC, Fire Station 4, BRCC, Plant Dr Park Concession Exterior Painting - Lakeside, Public Works, Gardens Park Interior Painting - Fire Station 1, Mirasol Community Center, RYEC, Lake Catherine Clubhouse Ceiling Tile Replacement - Fire Station 1 Parking Lot Lighting Replacement (LED) Irrigation Intake Line Replacement - Golf Course 13 Flooring Replacement - RYEC, BRCC Restroom o Partition Replacement - RYEC *' Front and Rear Door Replacement - Tennis Center Generator Transfer Switch Installation - City Hall Facilities cont'd Genie Lift $11200 Fork Lift $25K Concrete Drain Aprons — Golf Course $25K Irrigation Pump Shelter Replacement — Golf Course $16K Golf Course Cart Path Replacement - $50K Streets & Stormwater 1111111111M� M Personnel TA Add one (1) Part-time Position - $29K Increase for asphalt, crushed concrete, shell rock, parking stops - $72K Streets & Stormwater cont'd Clay Compactor $5,300 Riding Leaf Blower $4,600 3" Trash Pump $1,900 Roll -off Dumpster Pads $5K