MINUTES OF THE SPECIAL MEETING FOR THE FISCAL YEAR 2024-2025 BUDGET FOR THE CITY OF PORT ST.J JOE; ORDINANCE 611: AD VALOREM TAX; ORDINANCE 612: 2024-2 2025 BUDGET FOR FY 2024 - 2025 WITH THE BOARD OF CITY COMMISSIONERS FOR THE CITY OF PORT ST.JOE, FLORIDA, HELD IN THE WARD RIDGE BUILDING, September 3, 2024, at 5:01 P.M. The following were present: Commissioners Hoffman, Kerigan, Langston, and Lowry. City Manager Jim Anderson, City Clerk Charlotte Pierce, Deputy Clerk Ingrid Bundy, Finance Director Mike Lacour, Police Chief Jake Richards, and City Attorney Clinton McCahill, were also present. Mayor Buzzett was absent, and the meeting was chaired by The purpose of the Special Meeting was Ordinance 611 - 2024/2025 Ad' Valorem Tax Millage Rate First Public Mayor pro tem Brett Lowry. Hearing; Ordinance 612-2 2024/2025 Budget Public Hearing. City Attorney = Ordinance 611 Ad Valorem Property Taxes 2024-2025, Public Hearing, First Reading No one from the public wished to address the Commission. Ordinance 611. Alli ini favor; Motion carried 4-0. Attorney McCahill read Ordinance 611 ini its entirety. Al Motion was made by Commissioner Kerigan, second by Commissioner Langston, tol have the First Reading of The Ad Valorem Property Tax Millage Ratei for Municipal Purposes to be levied on the taxable property within the City limits of the City of Port St.. Joe for the Fiscal Year Beginning October 1, 2024, and ending September 30, 2025, is set at the rate of 3.5914 mills. The percentage by which this millage rate to be levied is more than the rolled-back rate of 3.2975 mills (computed pursuant to Florida law) is 8.91% Ordinance 612 Budget 2024-2 2025, Public Hearing, First Reading: AI Motion was made by Commissioner Langston, second by Commissioner Hoffman, to have the First Reading of Marvin Davis asked ift the Budget Ad has been run in the paper to which Mr. Anderson responded that in keeping with Ordinance 612. Florida Law, it will be in the paper next Thursday. All in favor; Motion carried 4-0. Insurance Update Dwight Van Lierop, Insurance Agent, shared that the City's current insurance carrier, PGIT, has offered ar revised quote that will save the City money, give more coverage, provide blanket coverage on all buildings, and provide a 2 year rate guarantee. The PGIT coverage is less than the Florida Municipal Trust quote and provides greater AI Motion was made by Commissioner Hoffman, second by Commissioner Langston, to stay with PGIT based on the coverage. recommendation from Mr. Van Lierop. All in favor; Motion carried 4-0. Minutes Al Motion was made by Commissioner Kerigan, second by Commissioner Hoffman, to approve the Minutes of the Regular Meetings of August 6, and August 20, 2024, and the Budget Workshop of August 27, 2024. All int favor; Motion carried 4-0. Robert Branch had questions about the Minutes. Citizens to be Heard Christy McElroy and Robert Branch: shared their concerns with the Commissioners. Discussion items by Commissioners There were no other issues to be addressed by the Commissioners. Motion to Adjourn P.M. Al Motion was made by Commissioner Hoffman, second by Commissioner Langston, to adjourn the meeting at 5:30 day of Dotkv 2024. lolly Date lobb4 Date prot tem 7 Charlotte M. Pierce, City Clerk