mnunily Neighss Valgr" City of PARKER TABLISIED.I Mayor Andrew Kelly City Council Tonya Barrow, Pro Tem Katy Bodiford Ron Chaple John Haney CITY OF PARKER City Hall 1001 West Park Street Phone 850-871-4104 Attorney Tim Sloan City Clerk Ingrid Bundy PUBLIC NOTICE SPECIAL MEETING THE CITY OF PARKER CITY COUNCIL DECEMBER 20, 2024 15:01 PM LOCATED AT PARKER CITY HALL NOTE: AT EACH OF ITS REGULAR OR SPECIAL MEETINGS, THE CITY OF PARKER COUNCIL ALSO SITS, AS EX OFFICIO, AS THE CITY OF PARKER COMMUNITY REDEVELOPMENT AGENCY (CRA) AND MAY CONSIDER ITEMS AND' TAKE ACTION IN THAT CAPACITY. AGENDA CALLTO ORDER - Mayor Kelly INVOCATION- ROLLCALL- City Clerk REGULAR AGENDA 1. FY2024-2025 Final Budget Hearing a. Public hearing, Reading, and possible Adoption of Resolution 2024-402 AR RESOLUTION OF THE CITY OF PARKER, FLORIDA, ADOPTING A BUDGET FOR THE FISCAL YEAR OCTOBER 1, 2024, THROUGH SEPTEMBER 30, 2025, AND PROVIDING AN EFFECTIVE DATE. Ingrid City lynhaly Ifaj person decides to appeal any decision made by the City Council with respect to any matter considered at the meeting, if an appeal is available, such person will need a record of the proceeding and such person may need to ensure that a verbatim record of the proceeding is made, which record includes thet testimony and evidence upon which the appeal is to be made. Any person requiring special accommodation at this meeting because ofa disability or physical impairment should contact the City Clerk at 1001 West Park Street, Parker, Florida 32404: or by phone at (850) 871-4104. Ifyou are hearing or speech impaired and you have TDD equipment, you may contact the City Clerk using the Florida Dual Party System, which can be ALL INTERESTED PERSONS DESIRING TOI BEI HEARD ON THE AFORESAID agenda are invited to be present at the reached at 1-800-955-8770 (Voice) or 1-800-955-8771 (TDD). meeting. CITY OF PARKER Fiscal Year 2024-2025 BUDGET SUMMARY General Fund Net Position - Prior Year Ending 2,359,405 Revenues Millage per $1,000 3.0 Ad Valorem Tax Local Option Gas Tax Utility Franchise Fees Utility Taxes Communications Service Tax Sales & Use Tax Solid Waste Disposal Fees Other Revenue Sources Intra-governmental Transfer 870,467 91,500 326,325 512,556 109,950 1,276,079 398,800 466,455 4,052,132 645,709 4,697,842 538,019 1,277,779 406,700 196,836 300,362 1,452,674 56,291 469,181 4,697,842 4,697,842 2,359,405 from Utility Fund Total General Fund Revenues Appropriations General Government Police Fire Code Trash Street Fleet Parks Special Funds Reserves Total General Fund Appropriations Projected Ending Net Position Utility Fund Net Position - Prior Year Ending 4,766,504 Revenues Operating Income 3,112,093 Impact Fees Tap Fees Other Revenue Sources Grant Revenue 9,500 6,975 109,400 686,590 3,924,558 Total Utility Fund Revenues Appropriations Expenditures Grants Expense Reserves ntra-governmental Transfer 2,455,042 686,590 137,216 645,709 3,924,558 4,766,504 toGF Total Utility Fund Appropriations Projected Ending Net Position THE: PROPOSED OPERATING BUDGET EXPENDITURES OF CITY OF PARKER ARE 17.6% MORE THAN LAST YEAR'S TOTAL OPERATING EXPENDITURES CITY OF PARKER COMMUNITY REDEVELOPMENT AGENCY 2024-2025 BUDGET SUMMARY Fund Balance Carry Forward 182,237 169,000 75 117,178 286,253 Revenues CRA TIF Funds Investment Interest/Income Other Revenue Sources Appropriations Professional Services Improvements 3,000 283,253 286,253 182,237 Projected Ending Net Position Thei tentative, adopted, and/or final budgets are on filei int the office of the above referenced taxing authority as aj public record NOTICE OF PROPOSED TAX INCREASE THE PREVIOUS NOTICE PLACED BY THE CITY OF CITY OF PARKER HAS BEEN DETERMINED BY THE DEPARTMENT OF REVENUE TO BE IN VIOLATION OF THE LAW, NECESSITATING THIS SECOND NOTICE. The City of Parker has tentatively adopted ar measure toi increase its property1 taxl levy. Lasty year's propertyi taxl levy: A. Initially proposed tax levy. and other assessment changes C. Actual propertyt taxl levy. This year's proposed tax levy. $822,549 $(6,604) $829,153 $916,281 B. Less taxi reductions duei to' Value. Adjustment Board All concerned citizens are invited to attend aj public hearing oni the taxi increase to be held on: December 20, 2024 5:01 pm at Parker City Hall 1001 W. Park Street Parker, FL32404 Al FINAL DECISION ont the proposed taxi increase and the budget will be made at this hearing. RESOLUTION 2024-402 ARESOLUTION OFTHE CITY OF PARKER, FLORIDA, ADOPTING AJ BUDGETFOR THE FISCAL YEAR OCTOBER 1, 2024, THROUGH SEPTEMBER 30, 2025, AND PROVIDING AN: EFFECTIVE DATE. WHEREAS, the City of Parker on September 3, 2024, September 16, 2024, and December 20, WHEREAS, the City of Parker set forth the revenues, appropriations, and other source estimates NOW, - THEREFORE, BE. IT RESOLVED by the CITY OF PARKER, Florida, that: SECTION ONE. The Fiscal Year 2024-2025 Final Budget be adopted and approved ast the General 2024, held public hearings on the proposed budget; and for the Budget for Fiscal Year 2024-2025. Fund budget and the Utility Fund Budget. Net Position - Prior Year Ending General Fund Revenues 2,359,405 870,467 91,500 326,325 512,556 109,950 1,276,079 398,800 466,455 4,052,132 645,709 4,697,842 538,019 1,277,779 406,700 196,836 300,362 1,452,674 56,291 469,181 4,697,842 4,697,842 2,359,405 Millage per $1,000 3.0 Ad' Valorem Tax Local Option Gas Tax Utility Franchise Fees Utility Taxes Communications Service Tax Sales & Use Tax Solid Waste Disposal Fees Other Revenue Sources intra-governmental Transfer from Utility Fund Total General Fund Revenues Appropriations General Government Police Fire Code Trash Street Fleet Parks Special Funds Reserves Total General Fund Appropriations Projected Ending Net Position Utility Fund Net Position - Prior Year Ending 4,766,504 Revenues Operating Income Impact Fees Tap Fees Other Revenue Sources Grant Revenue 3,112,093 9,500 6,975 109,400 686,590 3,924,558 2,455,042 686,590 137,216 645,709 3,924,558 4,766,504 Total Utility Fund Revenues Appropriations Expenditures Grants Expense Reserves intra-governmental Transfer toGF Total Utility Fund Appropriations Projected Ending Net Position THE PROPOSED OPERATING BUDGET EXPENDITURES OF CITY OF PARKER ARE 17.6% MORE THAN: LAST YEAR'S TOTAL OPERATING EXPENDITURES CITY OF PARKER COMMUNITY REDEVELOPMENT AGENCY 2024-2025 BUDGET SUMMARY Fund Balance Carry Forward 182,237 169,000 75 117,178 286,253 3,000 283,253 286,253 182,237 Revenues CRA TIF Funds Investment Interest/Income Other Revenue Sources Appropriations Professional Services Improvements Projected Ending Net Position SECTION TWO. This resolution shall take effect immediately upon its adoption. Duly adopted at aj public hearing this day of 2024. CITY OF PARKER, FLORIDA Andrew Kelly, Mayor ATTEST: Ingrid Bundy, City Clerk