Item Coversheet
Commission Agenda Item
 

MEETING DATE:  9/26/2016

SUBJECT:  Resolution 16-24 Relating to the Levy of General City Purpose Ad Valorem Taxes for the 2016 Tax Year; Resolution 16-25 Relating to the City's Budget for the 2016-2017 Fiscal Year and Resolution; 16-26 Relating to the 2017-2021 Capital Improvement Program

PREPARED BY:  Robert A. Bonetti, Finance & Administrative Services Director

RECOMMENDED ACTION:

Conduct the Public Hearing and adopt Resolution 16-24, Resolution 16-25 and Resolution 16-26.

 

Summary

The City of Alachua Commission held a Public Hearing on September 12, 2016 to adopt a proposed tentative millage rate and proposed budget as required by Florida statutes, Chapters 129 and 200 as advertised in the Truth-In-Millage (TRIM) Notices distributed by the Alachua County Property Appraisers Office.

 

Chapter 200 of the Florida Statutes requires that a final public hearing on the budget be preceded by a two to five day published notice of the hearing.  Chapter 129 of the Florida Statutes requires that the Commission advertise a summary of the proposed budget.  The proofs of publication have been received affirming that said notices were published as required.  A summary of the proposed budget has been provided for the public review by means of advertisement in the Alachua County Today on Thursday, September 22nd, 2016 pursuant to these requirements.

 

This evening we will take a number of actions related to the adoption of the final millage, final budgets and Capital Improvement Program (CIP).  The General Fund rolled-back rate is 5.8558 mills with the final millage rate being 5.9900 mills.  The final millage rate is more than the rolled -back rate by 2.29%. On September 12, 2016, the City Manager presented a Proposed Budget totaling $39,570,809.  The Final Budget totals $49,538,624 which is a $9,967,815 increase from the Proposed Budget adopted on September 12th, 2016.  The increase is due to the true-up of fund balances, the carry forward of encumbered obligations and a re-appropriation for unfinished projects or services which are anticipated to continue into Fiscal Year 2016-2017.

 

In order to enact this final millage rate, a majority vote must be passed by the Commission at the final public hearing on the budget.  By adopting these resolutions, the City Commission authorizes and directs the City Manager to transmit certified copies of these resolutions, as well as any other forms or documents required by state law, to the Alachua County Property Appraiser, the Alachua County Tax Collector, and to the State of Florida Department of Revenue.

 
FINANCIAL IMPACT: Yes
AMOUNT:  $49,538,624
FUNDING SOURCE:  General Fund, Internal Services Fund, Electric Fund, Water Fund, Community Redevelopment Trust Fund, Mosquito Fund, Grants, Waste Water Fund, Other
 
COMMISSION GOALS:
Economic Development, Quality of Life, Community Enhancement, Strengthen Community Services

 
ATTACHMENTS:
Description
Resolution 16-24 Final Millage Rate
Resolution 16-25 Final Budget
Resolution 16-25 COA FY2016-2017 Final Budget
Resolution 16-26 CIP
Resolution 16-26 Exhibit A CIP
Public Hearing Script
Comparison FY 2016-2017 Proposed and Final Budgets
Resolution 16-24 SIGNED
Resolution 16-25 SIGNED
Resolution 16-26 SIGNED