#6(b)  FIRST BUDGET PUBLIC HEARING FY 2023-2024 September 5, 2024 = 6:00 P.M.  MINUTES  1. CALL1 TO ORDER: Mayor Tyson called the meeting to order at 6:00 p.m. Interim City Manager Noah Powers, Attorney Dill, and Mayor Tyson. 3. PLEDGE OF ALLEGIANCE: Held off until the City Council Meeting at 7pm.  2. ROLL CALL: PRESENT: Council Member Herrera, Council Member Hernandez, City Manager Mathes,  ABSENT: Council Member Salgado  4. PUBLIC HEARINGS:  Manager Mathes stated that this meeting is the first of two required budget hearings and proceeded Manager Mathes mentions a previous budget scare that led to budget tightening, resulting in a Valuations are rising, andi there are concerns about potential downturns in certain cash flows. Manager Mathes discusses the breakdown of revenues, highlighting that they want to continue to lower the Ad' Valorem. They are lowering it from 5.151 to 5.00 this year. The Ad' Valorem is only about 20% of the Infergovermental transfers, primarily state transfers, are al higher portion of the budget. Utility taxes and transfers fromi infrastructure and gas tax are: significant funding sources.  with his PowerPoint presentation.  $100,000cut.  general fund.  The budget only increased by $65,000 to $70,000 from last year, with police and public works Manager Mathes mentions Council priorities, including adding streetlights, which might be best rolled The city was denied its FEMA appeal, and af future workshop will be needed to address this issue. The budget survey results are being addressed, indicating the cityi isi in tune with residents' needs. Highlights include a reduction in millage, which is technically a tax increase but a reduction in actual Manager Mathes discusses salary increase references, including pay scale adjustments to be competitive in the region. The pay scale adjustments by themselves are over $100,000, he reminded Council that the pay scale adjustment is the city's effort to try to be competitive in the region sO that they have at least some chance of hiring people who they need tol hire. The city does al biannual salary survey. And their goal is not to match the area average, but to get as close as they can. And if he can get within 10%, het feels they are doing pretty good. Al lot of thel line workers are really the ones who get impacted by these pay scale adjustment they would be the public work workers and police officers, although sometimes it does roll into other folks as well. Council also authorized a seven percent raise for Two new positions are not to be filled on day one but will be filled as revenue growth occurs, which we Mayor Tyson asked if anybody does a calculation on what the overall income would be as a result of  departments being the largest expenses. into the County Road 512 widening project.  millage.  the City Clerk, soi that is reflected.  anticipate will happen during this coming fiscal year.  building those projects.  1    Manager Mathes responded that the city has a spreadsheet to calculate utlity taxes, ad valorem taxes,  and impact feest forr newl housing developments.  The cityi is planning fort future revenue growth and new positions accordingly. Public' Worksi is also changing the grader from part time toi fulli time.  Manager Mathis encouraged the Council to consider hiring a new police officer due to current staffing  needs.  Mayor Tyson asked if they still have those cops grants. compete well, because the city does not have much crime.  Manager Mathes stated that they tried a couple times over the last decade, and they just do not Manager Mathes introduced the proposed new pay plan, with red positions impacted by pay scale The city's general fund had an increase of about 1.75% over last year, considering the revenues jumped over 10%. The city is not funding any operations by reserves this year, and reserves are improving. The money coming out of reserves ist tot fundi the contingency, and they usually fund that about $300,000. Public Works is struggling to find grants for large equipment purchases and a lot of the initiatives that Public Works would like to do are somewhat held up until he gets the right equipment to do review. Thankfully, they got some grants to kickstart some of those things, like fixing the alleyways, fixing the roadside swales buti they are only doing about 25 to 50% of the city. And sO, they still have more workt to  aajustments.  do on those oncet those grants are done.  Mayor Tyson asked what are they going to do about the grader.  Manager Mathes responded that they are looking into leasing a used or new grader, as the price makes best sense for them, because their hopei is that Council will move towards some program that will pave the city dirt roads sooner than later, andi they will notr need a grader after that. Manager Mathes provides an update on outstanding debt, including reissued debt to get favorable interest rates. He highlighted the water plant loan from 95/96 is almost paid off and about $170,0001 is The city is adding some additional debt through vehicle purchases hopefully with USDA grant loan and the Marine Bank loan.. Anytime they buy equipment, it is preferred tol buy it through the USDA grant loan, The city may needi to revisit thet frequency of replacing vehicles duet to the high cost of new purchases. The city is encouraging residents to see the budget's impact ont their household costs. Manager Mathes provided a contingency history, and the city is at $1.74 million general fund balance. That is going to more than likely go up once they close the books out this year. When they finish September 30, they close the books out, they see how much money they have left over that they did not plan to spend, and that rolls in the reserves, rolls into the city'sf fund balance. Their goal has been to keep about six months of revenue in fund balance. They have a budget of about 3.9 which would need Special revenues, including infrastructure and local option gas tax, have seen: some declines. The local option gas taxi is pretty much entirely used up by transfers to the general fund to cover Public' Works staff This is the first year the city is receiving funds from the 2009 CRA expansion, with substantial growth  owed.  because they get 50% grant, otherwise they are paying 100% on thel loan.  al bit more.  who maintain roads. expected ini the coming years.  2    The city is working on CRA-related projects, including alleyway access on North Broadway and the demo project they are trying to do. That is mostly designed, they are waiting for the Broadway project to get up and running before they kick that off. They are probably going to bidi those at the same time, but as separate projects, hoping that the same contract will bid on both. The reason they are separating them is they cannot comingle the funds from the alley into Broadway, because Broadway's grant funded, so they have to keep the funds separate. There will be separate bids, but hopefully it will bet the same contractor for cost savings. They also have the South Hickory property that they purchased in hopes of doing a request for proposals, they have asked for Rochelle Lawandale who is funded through the city's ARPA Project Management Budget to help the city with that, and Council had provided some direction a meeting or two ago, she's preparing some documents that will help the cify start that RFP process. The city's goai with that isj just trying to find the highest and best use for that big chunk of land behind Giuseppe's that would help solve some of the city needs. And he thinks they all directed that they focus on small business opportunities as well as potential affordable housing.  Mayor Tyson asked what thati is worth.  Manager Mathes respondedi that he has asked for an appraisal tol be done.  Special Revenues is the term they use for like grant funds mostly, he highlighted in red those that are One of thei things they need to do is obviously let people know thati the walking toursi is out there andl let The Special Revenues highlighted in blue are those that are funded, andi then the ones in black are not fully funded yet. And he got rid of, obviously, the FEMA Irma road base, because they are not getting money from FEMA. And he got rid of the old school windows, because that is the grant that they have to turn back because the deadline is too close. Public Works found somebody who is willing to do every window in the building for $250 a window. They have 190 Windows plus or minus and that is half the price of any of the bids that they had gotten when they originally got bids for that project. They have Manager Mathes has assigned Kevin Klepac as the Interim Community Development Director and Interim City Manager Noah Powers willl be monitoring his performance as director for a year as directed ini the city's SOPS for directors. And this year's budget is the first one in his 15 years that it does not have a subsidy from the general fund. That is because they are expecting to get approximately 501 homes out of the ground in this coming fiscal year through the Marian Estates development and that is where they have all that revenue growth in: that department. Obviously, if they do not get the 50 homes, they may  under construction ort that are done. people start enjoying that.  allocated $50,0001 this coming budget to do as many windows as they can.  have to reconsider.  Mayor Tyson asked what is Mr. Paladin's on the build out for Marian Estates. Manager Mathes stated that three toi five years. Thel builder is Ryan Homes. find grants fort tot their next round of major stormwater projects. Water, sewer, and stormwater rate will increase 5%.  Council got anupdate on: the Stormwater master plan the day before and that project with come back in October, November for approval oft the plan. Ini that plan will be some projects that they can begint to  The city has completed the capital improvement program, with af focus on carrying over funds for future needs. When Council adopts the budget, they do adopt this but technically it is only the first year that they are adopting in the budget. Then at the end of the calendar year, usually in January, February, they do the formal adoption of the entire five year plan, in the comprehensive plan, as required by the He explained what carryover means, and what that means is they are not spending everything they have in that fund, and they are carrying that money over to the next year. He has directed and  state of Florida. They actually will approve this twice,  3    encouraged the city directors not to ever spend all the money in the funds they want to have al little Pending developments include the RV park, Banack 90, and FJV 150, with high-quality properties Legacy Landings has reduced the number of units, which may impact road widening plans. He added that also the Surf Park at Mesa Park will be paying impact fees sO that could also be added to the Legacy Landings to widen the road. And then north of Mesa Park, there is a bunch of industrial lands been bought by a company who is going to do self-storage. Which will be going forward in the next year or SO. And those three projects together, hopefully, should be enough impact fees that they The city is working on code enforcement for mom-and-pop developments that have gotten ahead of  money left over.  expected" to be developed: soon.  cany widen their portion of CR512. their plannedi timelines.  Manager Mathes discusses thei five year look ahead. Hel highlighted the timing for development is down to one to 3 years. Grant prospects have increased in the neari term.  Broadway revitalization project, which willl benefit fromnew developments and resident demand. The police department is planning renovations when Public Works moves out and police department will take over the whole building. He has asked the Chief to start the design of that because there  expectations are that public works move outi in a couple of years.  The renovations are important fort the police department to achieve accreditation.  Manager Mathes stated that was the end of his presentation, he summarized that it is a standard budget year, with a little bit of fat and not a tight year. Hei thinks they are setting up Noah and the rest  of the city for suçcess. He asked Councili ift they had any questions. Council Member Hernandezl had no questions. Vice Mayor Herrera hadi no questions.  Mayor Tyson asked what did! he mean byt the city running out of land. can dos some really nice holesi in the ground tos store floodwaters. Mayor Tyson asked what is going on withi the Corrigan property.  Manager Mathes responded that the city has a lot of land they own, but they are all single family parcels. They cannot do anything on those for stormwater, at least. They need acre parcels that really  Manager Mathes stated that Corrigan has ar new contract buyer doing his/her due diligence. They have met with them twice now, and they have a due diligence he believes that expires the end of this calendar year. They willl know by the end of this calendar year whether they bought it, and they seem tol be al higher quality, high end type of company. This would be on the west side. He explained how the  interchange can! happen.  Mayor Tyson asked what kind of volume are they talking about inl housing.  Manager Mathes responded that they have al little over 12,000 units that have been authorized for their entire acreage. He thinks they were willing to sell 9000 of those units to the west half per his last update. He encouraged Councili to make sure that they do commit to some jobs as part of that property, not just  housing.  Mayor Tyson asked about thes sand mines.  4    Manager Mathes stated that iti is his understanding is the mine operator is beginning to move forward with doing his approvals. There is a minor amendment that has to happen, because they, on their original approval, forgot to put the scale house in their plans. They had to add 50 acres to their overall approval sO they could put the scale house in there. Attorney Dill is working on some modification documents for that approval. And then they are moving right into creating that mine. The east half also has some family members living there still andi they probably willr not develop the east half for 20 years. Manager Mathes stated that they have started the conversation with St. Johns, and St. John's is fully on board to transfer that ownership to city as soon as the city gets the county on board. He hasr not pushed that conversation that much with the county. They mentioned it to them and it when. John the county administrator was first starting, and it was new to him. This is something Noah can pick up and carry forward. He added that the city does not have to have the county give them their ownership, if the county wants to: stay involved, that ist fine. They just need to convince St. John's that the county would be okay with the city taking over St John's portion. Then it would be jointly owned by the city and the county. The county owns al little over 30% ofi it and St. John's owns the rest ofi it. He reminded Council that the county did help the City buy their 86 acre Preserve at the CR512 interchange. They paid, he believes, the 10% which is usually a required match for those FCT grants, but they did deed the entire property to the city, andi the city gave them a conservation easement over iti to give them comfort that Mayor Tyson stated that going south on 1951 they cut what it looks like an easement or something along Manager Mathes responded that al lot of the worki is related to FPL. FPL improved their access along the power line. They also have the natural gas line that runs through there, sO they might have some work Mayor Tyson asked where are they with the grant request for extending the trail through town and out Manager Mathes responded that project is 90% designed. They are working with the State of Florida to close out their acceptance and approval of the design and the bid package, and then once they approve that, they give the city the actual grant agreement, and then they can go off the bid. He expects bid tol be in early 25. Sixr months fork bidding, and then maybe ay yeari for construction.  Mayor Tyson asked about the Sand Lakes Conservation.  the cify was not going to turn iti intos something other than whati it is.  the fence.  from that gas company, to park lateral.  Mayor Tyson asked about the Railroad Village.  Manager Mathes stated thati they have tried two years in ar row for a grant and have been denied. They have tried ai third time, andi they will not know until summer if we get that grant. What they have always talked about at Council is that if they do not get the grant, at some point they have to decide, let us pay for it locally. The city has saved up $300,000 locally, and they cannot do but one structure for $300,000 and it would be his advice to do the train depot for the public restrooms and also the informational kiosk, which would be perfect to align with the revitalized Broadway and also the trail. Manager Mathes responded that they have the project on hold because they have to do a change order to implement the $400,000 additional dollars the state gave the City. Itish his advice to Council that the just replace the Broadway pipe iti is 50 years old, and the city has the money. Andi the city put it on hold because they do not want to get too far ahead of themselves. They have other ideas, and they were fine with being on hold andi they wanted the flexibility to spend it. The plans are going to be there next week fort that Broadway pipe. They will sendi it over the contractor to pricei it. The will probably have Mayor Tyson asked what do they anticipate the cost on doing that at the New York Avenue under  Mayor Tyson asked if alli the pipesi in at New' York.  achange order in October for the change order.  where the pipe is there.  5    Manager Mathes responded thei they doi not know. They have to get the plans from the engineer. When they get the plans, there will be an engineer's cost estimate, but they will not know the actual cost of the contractor until thet they give the city their price, buti itis a 48 inch pipe. But the problem is, itisr nots sO much the pipe. It is restoring the road, restoring the on street parking on New York there is a lot of Mayor Tyson asked if Broadway is a County road and are they going to pay for that pipe or is the city Manager Mathes confirmed that iti is a county road and that the State of Florida is going to pay for it  restoration they needi to do because iti isj just so long.  going to pay fori it.  because the State of Florida gave the city $400,000. Mayor Tyson asked about Broadband.  Manager Mathes responded that broadband is running near its deadline, but he is confident they are going to bet there. They had a call with Comcast, and Comcast made it very clear they are not walking away from $6r million dollars. They have tol be under contract by December 31 of this year because that is covid related money. The city is just expecting to get an advanced draft of the contract from them into this week or early next week, and at that point, it is just back and forth between the attoreys making sure the legal language is accurate. Policy stuff is what they have been dealing with on these phone calls for the last couple times, but hopefully the city may end up with an agenda item in December. The city gave them a deadline of middle of October to have this completely ready, because the city has to send the contract tot the State of Florida and get their blessing before it can be signed and that may take 301 to 45 days, sO they need to build that time into the process SO we cans still signi it by December 31. Their goal is that by the middle of October, the contract negotiations should be done, and the city should have the final form of the contracts. There will bet two contracts, one for the ARPA money, which what the county gave the city, and one for the CDBG, which is the city's, each contract will have its own service area, sO there will be no crossover, no duplication of funding, just making sure there are any problems with that. The only thing that they are not willing to put in the contract, which he can understand, is one of the RFP requirements was community engagement. And he has been pushing them to define what that means, and the city will make sure they follow up with Mayor Tyson asked that since the city took over the county's portion of the broadband are they going Manager Mathes responded that it will not, and that if this proposal is successful, it is going to actually bring fiber broadband to nearly every property west of 95 there may be some ranchettes that they cannot get to because of the budget but their preliminary maps they showed the city, it is a large  themi to do community engagement that they are supposed to do.  tor require another tower.  proportion of the entire area.  Mayor Tyson asked for a copy of the service area maps.  Manager Mathes added that what they have leamed is that most of the city center does not need much improvement, because Comcast already has high speed internet here. Some residents are not serviced by Comcast they have AT&T. He did hear that the Habitat community needs some service sO  they might bes some fiber that they willl be doingi ini town. Mayor Tyson thanked Manager for the responses.  (a) ORDINANCE NO. 2024-25/ AN ORDINANCE OF THE CITY OF FELLSMERE, INDIAN RIVER COUNTY, FLORIDA, ADOPTING A MILLAGE RATE OF 5.0000 MILLS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024 AND ENDING SEPTEMBER 30, 2025; THE ROLLED BACK MILLAGE RATE IS 4.7191 MILLS, THEREFORE THE RATE OF 5.0000 MILLS IS 5.95% PERCENT GREATER THAN THE ROLLED BACK RATE; PROVIDING DIRECTIONS TO THE DIRECTOR OFF FINANCE & ACCOUNTING; PROVIDING FOR AN EFFECTIVE DATE./1s' Reading and 1st Public Hearing, Sett the 2nd Reading and 2nd and Final Public Hearing for September 19,2024at 6:00P.M.  6    Mayor Tyson introduced the Ordinance and Attorney Dill, read Ordinance No. 2024-25 by title only. Mayor Tyson opened the Public Hearing and asked if anyone in the audience wished to speak on MOTION by Council Member Hernandez SECONDED by Council Member Herrera to accept the Ist Reading and 7st Public Hearing and set the 2nd Reading and 2nd and Final Public Hearing for September  Ordinance 2024-25, hearing no comments he closed the public hearing.  21,2023 at 6pm for Ordinance 2024-25.  ALL AYES NAYS: None ALL AYES  MOTION CARRIED. 3-0 MOTION CARRIED. 3-0  ROLL CALL: AYES: Council Member Herrera, Council Member Hernandez, and Mayor Tyson  (b) RESOLUTION NO. 2024-74/ A RESOLUTION OF THE CITY OF FELLSMERE, INDIAN RIVER COUNTY, FLORIDA, AMENDING RESOLUTION 2017-27 APPENDIX "A", SECTION 1, MONTHLY WATER RATE INSIDE CITY; AMENDING SECTION 2, MONTHLY WATER RATE OUTSIDE CITY; ADDING FEES FOR ALL CUSTOMERS TAMPERING WITH METERS, AFTER HOUR CALL OUT FOR RECONNECTION AND CREDIT CARD CONVENIENCE FEE, WEB OR TERMINAL; AMENDING SECTION 3, APPENDIX "B" MONTHLY WASIEWATER RATES; AMENDING APPENDIX "C" MONTHLY STORMWATER MANAGEMENT PROGRAM FEE; PURSUANT TO THE AUTHORITY OF ORDINANCE 2000-01, ARTICLE MV WATER AND WASTEWATER SERVICE; FURTHER PROVIDING FOR CONFLICTS AND AN EFFECTIVE DATE./ 1st Reading and Ist Public Hearing, Set the 2nd Mayor Tyson introduced the Resolution and Attorney Rhodeback, read Resolution No. 2024-74, by title Mayor Tyson opened the Public Hearing and asked if anyone in the audience wished to speak on  Reading and: 2nd and Final Public Hearing for September 19,2024a16,00PM.  only.  Resolution No. 2024-74.  Susan. Adams asked whati isi the water rate going to be for higher volume customers. Manager Mathes responded thati it willl be a 5% across the board.  Mayor Tyson asked if there were any more comments, hearing no comments he closed the public MOTION by Council Member Herrera SECONDED by Council Member Hernandez to accept the 1st Reading and 1st Public Hearing and set the 2nd Reading and 2nd and Final Public Hearing for September  hearing.  19,2024 at 6pm for Resolution No. 2024-74.  ALL. AYES  MOTION CARRIED.3-0  RECESS COUNCIL MEETING AND CONVENE AS1 THE FELLSMERE COMMUNITY REDEVELOPMENT AGENCY  Mayor Tyson recessed the Council Meeting at 6:52 p.m. and called the Fellsmere Community (c) CRA-RESOLUTION NO. 2024-75 IA RESOLUTION OF THE FELLSMERE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF FELLSMERE, INDIAN RIVER COUNTY, FLORIDA, ADOPTING THE ANNUAL BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024 AND ENDING SEPTEMBER 30, 2025; APPROPRIATING FUNDS FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2025, SUCH APPROPRIATIONS BEING FROM ANTICIPATED REVENUE; PROVIDING A MEANS TO AMEND SAID ANNUAL BUDGET; PROVIDING FOR AN EFFECTIVE DATE./ Js+Reading and jst Public Hearing, Set the 2nd Reading and: 2nd and Final Public Hearing  Redevelopment agency meeting to order at 6:52 p.m.  for September 19,2024 af 6:00P.M.  7    Chairman Tyson introduced the Resolution and Attorney Dill, read CRA Resolution No 2024-75, by title Chairman Tyson opened the Public Hearing and asked if anyone in the audience wished to speak on MOTION by Agency Member Hernandez SECONDED by Agency Member Herrera to accept the Ist Reading and 1st Public Hearing and set the 2nd Reading and 2nd and Final Public Hearing for September  only.  CRAI Resolution No 2024-75, hearing no comments he closed the public hearing.  19,2024 at 6pm for CRA-Resolution No. 2024-75.  ALL AYES  MOTION CARRIED. 3-0  ADJOURN AS THE FELLSMERE COMMUNITY REDEVELOPMENT AGENCY  AND REÇONVENE. AS THE CITY COUNCIL  Chairman Tyson adjourned the meeting at 6:54 p.m. and reconvened the City Council Meeting at 6:54 (d) ORDINANCE NO. 2024-26/ AN ORDINANCE OF THE CITY OF FELLSMERE, INDIAN RIVER COUNTY, FLORIDA, ADOPTING THE ANNUAL BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 01, 2024 AND ENDING SEPTEMBER 30, 2025; APPROPRIATING FUNDS FOR THE EFFICIENT AND EFFECTIVE OPERATION OF THE GOVERNMENT OF THE CITY OF FELLSMERE AND ALL ITS DEPARTMENTS FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2025; SUCH APPROPRIATIONS BEING FROM ANTICIPATED REVENUE; PROVIDINGA MEANS TO AMEND THE SAID ANNUAL BUDGET SO. AS TO CARRY FORWARD THE FUNDING OF PURCHASE ORDERS, WORK ORDERS, AND GRANTS OUTSTANDING AS OF SEPTEMBER 30, 2024; PROVIDING A MEANS TO AMEND THE SAID ANNUAL BUDGET TO REFLECT GRANTS RECEIVED AFTER SEPTEMBER 30, 2024AND AUTHORIZING THE TRANSFER OF FUNDS HEREIN APPROPRIATED SO LONG AS THE TOTAL COMBINED APPROPRIATIONS SHALL NOT BE INCREASED THEREBY; PROVIDING FOR AN EFFECTIVE DATE. /7st Reading and Ist Public Hearing, Set the 2nd Reading and 2nd and Final Public Hearing for September 19,2024 at Mayor Tyson introduced the Ordinance and. Attorney Dill, read Ordinance No. 2024-26 by title only. Mayor Tyson opened the Public Hearing and asked if anyone in the audience wished to speak on MOTION by Council Member Hernandez SECONDED by Council Member Herrera to accept the Ist Reading and 1st Public Hearing and set the 2nd Reading and 2nd and Final Public Hearing for September  p.m.  6:00P.M.  Ordinance No. 2024-26, hearing no comments he closed the public hearing.  19,2024 at 6pm for Ordinance 2024-26.  ALL AYES NAYS: None ALL AYES  MOTION CARRIED. 3-0 MOTION CARRIED. 3-0  ROLL CALL: AYES: Council Member Herrera, Council Member Hernandez, and Mayor Tyson  5.A ADJOURNMENT: There being no further business Mayor Tyson adjourned the meeting at 6:57p.m. *Thel Power Point presentation is attached hereto and made up ap part of the official meeting minutes.  Theser minutes were approved byi the City Council oft the City of Fellsmere this_ 19aay of September 2024  ahau Jaugclankey Maria F. Suarez-Sarchez, CMC, City Clerk  CApAPSBUPCEMANUTISDOE  8    9/12/2024  SMER  FY24/25 Budget Hearing Mark D. Mathes, City Manager  9/5/24 6:00 PM  1  Valuation History Fiscal Final Property from Prior Year Valuations 2005 $67,852,293 32.05% 2006 $99,022,967 45.94% 2007 $120,960,239 22.15% $160M 2008 $145,734,504 20.48% $140M 2009 $136,555,050 -6.30% $120M 2010 $115,712,211 -15.26% $100M 2011 $96,800,611 -16.34% $BOM 2012 $91,338,081 -5.64% $60M 2013 $88,367,863 -3.25% $40M 2014 $90,035,794 1.89% $20M 2015 $95,357,737 5.91% 2016 $102,614,697 7.61% 2017 $98,040,392 -4.46% 2018 $105,732,298 7.85% 2019 $107,403,714 1.58% 2020 $112,007,704 4.29% 2021 $116,918,489 4.38% 2022 $122,238,033 2023 $135,395,854 10.76% 2024 $146,697,538 8.35% 2025 $165,769,002  %Change Year  Final Property Valuations  4.55% 13%  2  1    9/12/2024  Ad Valorem History Property Fiscal Tax Rate Year (milage) Levyto 2005 5.75 390,151 2006 5.75 269,382 2007 4.56 535,866 2008 4.43 721,408 2009 4.43 631,296 2010 4.43 518,675 2011 5.2455 505,901 2012 5.4999 493,882 2013 5.619 502,348 2014 5.5309 507,820 2015 5.2756 507,820 2016 5.2756 502,174 2017 4.9599 508,959 2018 4.9599 518,956 2019 5.3662 576,350 2020 5.221 594,295 2021 5.3326 621,528 2022 5.3226 650,624 2023 5.221 693,636 2024 5.15 741,047 2025 5.00 828,845  Property Tax Rate (milage)  3  Revenue Sources Proposed 2024/25 Ad' Valorem (5.000 mil - Proposed Millage @ 95%) $743,166 (4.7191 rolled back @ 95%)  FY2024/25 GF REVENUE BREAKDOWN Transferfrom FundBal Transferin Chargesfor Services Forfeitures Intergovernmental FiscalYear 2022/2023  AdValorem FranchiseFees utilityTaxes FiscalYear Fiscaly Year 2023/2024 2024/2025  $787,403  FiscalYear 2020/2021  Fiscaly Vear 2021/2022  REVENUE AdValorem Franchise Fees Utilityl Taxes Fines&F Forfeitures Miscellaneous Transferin TotalR Revenues 4  Budget %ofTotal Budget %ofTotal Budget %ofTotal Budget %ofTotal Budget %ofTotal 593,452 19.1% 621,093 16.5% 683,888 20.6% 744,047 19.2% 788,603 20.0% 356,412 11.5% 357,625 9.5% 387,071 11.7% 429,133 11.1% 466,665 11.8% 515,370 16.6% 534,561 14.2% 638,671 19.3% 690,225 17.8% 592,171 15.0% 3,300 0.1% 3,600 0.1% 4,100 0.1% 7,006 0.2% 5,150 0.1% 132,461 4.3% 131,461 3.5% 36,350 4.1% 175,768 4.5% 154,155 3.9% 429,230 13.8% 428,292 11.4% 399,458 12.1% 612,203 15.8% 864,213 21.9% 3,106,359 100.0% 3,759,072 100.0% 3,153,727 100.0% 3,872,667 100.0% 3,940,361 100.0%  Intergovernmental 677,679 21.8% 1,465,463 39.0% 754,489 22.8% 1,019,622 26.3% 1,058,639 26.9% Chargesf for Services 10,400 0.3% 9,900 0.3% 9,700 0.3% 8,500 0.2% 10,765 0.3% Transferf fromF FundBal 388,055 12.5% 207,077 5.5% 300,000 9.1% 186,164 4.8%  0%  2    9/12/2024  Expenditures Proposed 2024/25 Ad Valorem (5.000 mil- - Proposed Millage @ 95%) $743,166 (4.7191 rolled back @ 95%) Department Police  FY2023/24GF EXPENDITURES Recreation Legislative Executive Public Works Department/  Finance& Legal Departmental Non- CityClerk Fiscal Year 2024/2025  $787,403  FiscalYear 2020/2021  FiscalYear 2021/2022  FiscalYear 2022/2023  FiscalYear 2023/2024  EXPENSES Legislative Executive Finance & Admin Legal CityClerk PWD Department  100,906 3.2% 100,456 2.7% 100,456 2.67% 126,260 3.3% 134,122 3.4% 170,638 5.5% 181,796 4.8% 181,796 4.84% 209,949 5.4% 240,717 6.1% 310,921 10.0% 344,763 9.2% 344,763 9.17% 391,047 10.1% 349,950 8.9% 30,000 1.0% 50,000 1.3% 50,000 1.33% 85,000 2.2% 100,000 2.5% 224,176 7.2% 143,243 3.8% 143,243 3.81% 191,408 4.9% 189,198 4.8% 629,483 20.3% 1,088,213 28.9% 1,088,213 28.95% 866,370 22.4% 1,099,756 27.9%  Non-Departmental 482,417 15.5% 547,687 14.6% 547,687 14.57% 597,608 15.4% 452,119 11.5% Police Department 1,060,915 34.2% 1,190,964 31.7% 1,190,964 31.68% 1,276,535 33.0% 1,267,849 32.2% Recreation Department 96,903 3.1% 111,950 3.0% 111,950 2.98% 128,490 3.3% 106,650 2.7% TotalE Expenditures 3,106,359 100.0% 3,759,072 100.0% 3,759,072 100.0% 3,872,667 100.0% 3,940,361 100.0%  Council Priorities  SHARED  Enhance Street Lights along CR512 Pave Roads (given FEMA denial) Ready for Growth (infrastructure) Septic to Sewer underway Sr.L League Renovation underway Sidewalks - next segment? Council Raises  OTHER  Sewer flows to West VS. City Treating Sewer - study underway Business Start-up & Retention what more can we do? Building Permit Relief -what can we stop doingt that other places are not?  6  3    9/12/2024  Council VS. Citizen Priorities  Issues underway by Council and shared by Citizen Survey Scale of 1-5 with5 5- Very Important and 3- Important and: 1- Not Important  Add Street Lights Pave Dirt Roads Enforce Speed Limits Improve Water Quality Improve Building Permitting Reduce Property Crimes Address Illegal Dumping Reduce Traffic Congestion Address Illegal Drug Sales Increase Outreach to Residents Increase Social Services  Will be part of CR512 widening (3.84) FEMA Appeal denied/Workshop' TBD (3.74) New speed signs/trailer (3.54) Short term complete/long term underway (4.25) New BO/Pending Workshop/3.53) Data does not support claim (3.71) initiatives under development (3.57) CR512 widening plani inp place (3.82) Joint task forces/SWAT membership (3.84) Social Media and' Website upgrades (4.03) Community Resource Center (3.52)  Increase Maintenance of Dirt Rds FEMA Appeal denied/Workshop' TBD (3.74)  7  Proposed FY24/25 Highlights  Proposed Millage 5.00  5.95% increase over 4.7191 Rolled Back Rate 2.91% decrease over 5.15 Prior Vear Levy NOTE: Each 0.1i increase ini Millage equates to "$16,500k inr revenue Staff Salary Increases ($110k) 3% Salary Adjustment ($18,770)* City Clerk. Special ($6,680) New Positions & FTAdjustments ($132,266)+ Pay Scale. Adjustment - ($116,868) *Portion of Merit Increase reflected in Pay Scale. Adjustment +New Positions will not be hired until revenue growth is realized  Insurance - 3% increase (change in plans)  8  4    9/12/2024  City ofFellsmere OrganizationalChart FY2024-2025  Cay Couneil CRA  Cty Manager Artome  CiyClak DCiy  PublieWeris ROW)  Planner  Laborer € Heny  PTCI) CrosingGu dpo  9  FY24/25 POSITION CLASSIFICATION AND PAY PLAN  Classification Title Minimum Maximum  Classification' Title Minimum Maximum  Mayor Council Members City Attorney City! Manager City Clerk Finance Dept. Finance Director Senior Accounting Accounting Clerk Customer Service Grant Admin. Police Police Chief Lieutenant Sergeant Detective Police Officer Crime Scene Tech. Admin. Assistant School Guard (P/T)  PerCode Per Code Contract $100,000 $150,000 $80,000 $110,000 $80,000 $110,000 $50,000 $85,000 $40,000 $70,000 $35,000 $55,000 $50,000 $80,000 $80,000 $110,000 $70,000 $100,000 $50,000 $80,000 $47,500 $72,500 $45,000 $70,000 $36,050 $55,000 $33,990 $52,000 $6,180 $29,309  Public Works PWD Director PWS Superintendent Field Technician Heavy Equip. Oper. Light Equip. Oper. ROWI Maintenance Groundskeeper Laborer Custordian Water/Wastewater Utilities Director Class' "C" Operator Comm. Develop. Code Enf. (F/T) Permit Clerk Senior Planner  $80,000 $110,000 $50,000 $90,000 $35,000 $60,000 $37,500 $65,000 $35,000 $60,000 $35,000 $60,000 $35,000 $55,000 $35,000 $55,000 $31,200 $50,000 $80,000 $110,000 $42,500 $70,000  Classification* Title Minimum Maximum  Classification Title Minimum Maximum CDDD Director/Blidg.Of. $80,000 $110,000  $45,000 $75,000 $40,000 $60,000 $60,000 $80,000  Red=p pay scale adjustment  10  5    9/12/2024  General Fund  Total $3,940,361 >F Prior year $3,872,668 (FY2023/2024) > 1.75% increase over prior year Non-Departmental > NO Operations funded by Reserves Current unrestricted reserves approx. $1,657,000 VIncludes $354,400 revenue from water tower lease revenue: sale  Public Works  No changes other than grader to full-time  > Continue to identify funding for large equipment purchases  Police No change  N Next year's budget should consider an additional Police Officer  11  SCHEDULE AND STATUS OF OUTSTANDING FINANCIAL OBLIGATIONS AS OF 9/24 Creditor LoanP Purpose Originall Amount Loan Loan Balance Datec ofLoan rate Int. Maturity Date Payments Security  Capitall improvement Revenue Refunding Notef for Marine Historics Schooll House Bank& Buildinga andy Waterl Treatment FLState Revolving Water Treatment Plant LoanF Fund Expansion FLState Revolving Water TreatmentP Plant LoanF Fund Expansion **Marine Bank& Vehiclel loan-2 Police Trust Interceptor SUVs  Half-Cents Sales Quarterly Taxand from $25Kto Public Service Tax $9,694.78 $14,576.50 $752.67  Trust Plant Expansionc Series 2022 $2,764,000 $2,590,000 5/26/2022 3.22 12/1/2038 $52K  $155,826.01 $65,649.71 3/15/2011 2.61 3/15/2031 Yearly Water revenue $223.861.25 $98,330.49 3/15/2011 2.71 3/15/2031 Yearly Waterr revenue $300,000.00 $43,289.00 7/1 4.00 4/14/2024 monthly None  *Additional debt tob be added for PD' Vehicle & PW Equipment USDAI Loan ** Maximum $300,000 may! be drawn for PD, PW, & CDD Vehicles $5,216.14/month)  12  6    9/12/2024  Analysis of Budget Effects (For typical single-family home)  Ady Valoremi increase (overr rollback rate) Waterr rate increase of5.00% Wastewater ratei increase of5.00% Stormwater ratei increase of5 5.00% Total planned predictable revenue increases  $27,789 $60,238 $24,037 $4,781 $116,845  400# mobile homes within city limits* 900# households withino city! limitsA Vearlya ad valorem increase per average! household Vearlya ad valorem increase per average household + mobile homes  $ 30.87 $ 21.88 Households per 2020 Census *Pera aerial count  $ 92.00 Vearlyt total costi increase pera averageH household + mobile! homes $ 129.83 Vearlyt total cost increase pera average household  13  Contingency History  Tiff from GF Budgeted GFE Budget Unspenta ate end GFF Fund GF Fund  Fiscal Year Balance Contingency Balanced 2010 350,000 350,000 2011 375,000 375,000 2012 400,000 400,000 2013 420,930 425,000 2014 427,260 450,000 2015 452,440 475,000 2016 499,970 500,000 2017 630,440 550,000 (80,440) 2018 639,434 547,000 (92,434) 2019 300,185 300,000 2020 359,650 300,000 (59,650) 2021 388,055 300,000 (88,055) 2022 207,077 300,000 2023 300,000 300,000 2024 186,164 300,000 2025 300,000 300,000  ofyear Balance Start Balance End 21,316 656,571 677,887 (176,851) 677,887 501,036 (3,217) 501,036 497,819 (15,143) 497,819 482,676 57,777 481,821 539,598 adjusted 211,798 539,598 751,396 (52,482) 751,396 698,914 (212,816) 698,914 486,098 620,928 486,098 1,107,026 (2,131) 1,107,026 1,104,895 44,978 1,104,895 1,149,873 188,778 1,149,873 1,338,651 71,163 1,338,651 1,409,814 330,974 1,409,814 1,740,788 NA 1,740,788 TBD TBD  4,070 22,740 22,560 30 (185) 92,923 113,836  TBD TBD  14  7    9/12/2024  Special Revenue  Infrastructure Sales Tax (Decrease to $871,840) Decrease from prior year (FY23/24 $948,448) duet to expected economic slow down and 95% budget utilization F Fleet Replacement $390k/yr. rising to $700k/yr. in5 5 yrs. Local Option Gas Tax (Decrease to $160,795) Decrease from prior year (FY23/24 $169,303) duet to expected economic slow down and 95% budget utilization Largely utilized for staffs support in maintaining roads CRA $138,518 - Up from $85,608 Increase due tos start of 2009TIFF Special CRA projects o AlleyA Access atl NE Broadway o S.H Hickory Property RFP  15  Special Revenue - continued  CDBG-DR - NY Ditch Pipes RTP Preserve Final Phase Community Center Reno Senior League Concession CR512 Left Turn Lane N. Broadway EMAIFRareadbase Add. Water Tank Recreated Train Village CR512 Widening Well #7  OlSchoe-Windews Sewer Expansion  FDEP Stormwater (4 projects) CDBG-CV Broadband  Stormwater Master Plan update National District Walking Tour State Street Reservoir Expansion CDBG-MIT 97th Street Pave the Grade Rail-Trail: Broadway to State Park FACT Resource Center Old School Generator Nanofiltration Conversion  Lift Station #3 Replacement Fire Tower Reconstruction  16  8    9/12/2024  Enterprise Funds  Community Development Department Building Official as Interim CDD  Noa anticipated General Fund Subsidy - first time! New Permit Clerk w/ New Growth (assume 50 new SF)  Maintain as Enterprise Fund  Stormwater  Conduct Major Update to Master Plan Rate increase 5.00% (from $5.72 to $6.01 per EDU) Rate increase 5.00% (CPI) per Rate Study  Water & Sewer  New Plant Operator w/ New Growth (assume 50 new SF)  17  Draft Capital Improvement Plan SubTotal 165,000 72,500  GAST TAX Transfer- GasTarxtoGeneralfund GraderT Tires CRA Transfer- Transfer- CRAtOCDD Transfer- CRAtoUtility Business:s Subsidy( (Fireinspections) CRAC CRAC AlleywayDemo ArtistV Village GrantParkParking Sauriycmeaw-diycmtr  FY24/25 FY25/26 FY26/27 FY27/28 FY:28/29 165,000 72,500 S 75,000 77,500 80,000 CarryOver 113,000 213,000 308,000 408,000 508,000 GasTaxExpensel Total 278,000 285,500 388,000 485,500 588,000  5,000 80,000 77,500 80,000  32,000 32,000 32,000 32,000 32,000 24,000 24,000 24,000 24,000 24,000 10,000 10,000 10,000 10,000 10,000 5,000 5,250 5,500 5,750 6,000 35,000 37,500 40,000 42,500 45,000 20,000 20,000 20,000 20,000 20,000 300,000 75,000 200,000 100,000 58,000 20,000 75,000 75,000 75,000 75,000 1,500,000 10,000,000 25,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 100,000 45,000 45,000 45,000 45,000 27,600 27,500 27,600 27,600 SubTotal 6,297,600 10,172,600 172,600 172,600 172,600 CarryOver 663,900 553,800 391,200 228,600 66,000  Treatments  SubTotal 679,000 403,750 206,500 209,250 212,000 CarryOver 63,000 14,250 7,750 23,500 61,500 CRAExpenseT Total 742,000 418,000 214,250 232,750 273,500  LSH3 SRFS Sewer &Ext.t toFarm SRFF Reverseo Water PlantSecurity Water Sewer Misc, NewF350Servicel Truck SRFW Waterl LoanP Payment SRFS Sewert LoanP Payment  Tank  50,000 50,000 50,000 45,000 27,600  Water&V WastewaterE ExpenseT Total 6,961,500 10,726,400 5 563,800 401,200 238,600  18  9    9/12/2024  Draft Capital Improvement Plan  Stormwater Transfer- StormwatertoG GeneralFund CDBGDRNYD DitchPipes FDEP- 2595. Pine FDEP. MicroBasin Projects FDEP/Resilient- AlieywayGrading FDEP- Greenway-K Kentucky Skidsteer- Stormwatern maintenance Kubota- Stormwatern maintenance SIRWMD-S States StreetReservoir Infrastructure Transfer- CityHall2 BondDebt Broadband CDBGE CDBGI way GSI-N NBroadway Babcock/N. Myrtie CRS12W Willowton Myrtle CR512 Willowto 120th CR5121 120tht to195 97" Paving- Water PlanttoCR512 ARPA-1 Trainv Viliage HLMPC CommunityCenterv Windows/Doors BRICG Generator DOSS Spec. Cat.- CommuniyCenteraF Future JohnnyP PerezB Building Windows Future FRDAP/LWCFSE. LeaguePark& Future Mower TAP-RalTrall/Ha Future 19  175,000 175,000 175,000 175,000 175,000  500,000 00 8,000 700,000 75,000 190,000 3,000,000 3,000,000 500,000 2,500,000 1,500,000 250,000 300,000 200,000 250,000 150,000 30,000 50,000 50,000 50,000 500,000 470,000 13,000 1,000,000 500,000  60,000 60,0  SubTotal 5,243,000 235,000 235,000 175,000 175,000 CarryOver 274,000 539,500 470,500 437,000 409,000 StormwaterE ExpenseT Total 5,517,000 774,500 705,500 612,000 584,000  190,000 190,000 190,000 ,000 1,500,000 1,500,000 770,000  200,000 200,000 50,000 75,000 70,000 100,000 13,000 13,000 575,000  Draft Capital Improvement Plan  continued PDB BuildingR Renovation Marinef FleetServices FireT Tower SpaceR Renovations Trail-GoSingage& Side-a arm! Mower GraderleaseP MarineB BankV  75,000 150,000 256,711 300,000 300,000 300,000 300,000 75,000 75,000 200,000 60,000 60,000 60,000 60,000 120,000 180,000 240,000 300,000 30,000 60,000 90,000 120,000 150,000 SubTotal 19,209,711 6,650,000 2,853,000 3,280,000 2,963,000 CarryOver 304,580 254,580 797,000 567,000 1,154,000  60,000 60,000  GasTaxE ExpenseT Total $ 19,514,291  3,650,000 $ 3,847,000 $ 4,117,000  20  10    9/12/2024  Pending Developments  O'Reilly's-u under construction Legacy Landing (225 units) - under review  Benchmark Genetics Banack 90 - on the market Trade Yard- aproved Aldea RVI Park- - under const. FJV150-i int the market Mom & Pops ElRanchito Operation Hope Rev. Truth Church Int. 6N. Pine Church 36N. Myrtle Bait Shop 81 N. Broadway Food Truck NB Broadway Fishing Cottages  SLP Tractor Services  F392 comm. (450 units) - under review Marian Estates (332 units) - under rev. Headwaters Industrial Park  12645 CR512 Fruit Stand approved Taco Truck Mesa Motocross Fellsmere Feed 12N. Elm Retail Conversion- approved Gator Sod Relocation 6S. Mulberry Food" Truck- a approved  21  5-year Look Ahead  Timing of Development: 1-3 years Police Staffing - $85k per Officer + Vehicle Public Works Staffing - $65k per Laborer Grant Prospects - increased near term Stormwater Enhancements Broadway Revitalization Water Treatment Modifications Sewer Expansions PW Yard  Renovate Police Station/Space Needs Study  22  11