Item Coversheet
Commission Agenda Item
 

MEETING DATE:  9/18/2017

SUBJECT:  Resolution 17-23 Relating to the Levy of General City Purpose Ad Valorem Taxes for the 2017 Tax Year; and Resolution 17-24 Relating to its Budget for the 2017-2018 Fiscal Year

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

RECOMMENDED ACTION:

1) Conduct Public Hearing;

2) Adopt Resolutions 17-23; and 17-24; and,

3) Authorize the Mayor's signature.

 

Summary

The City of Alachua Commission must hold a Public Hearing on the City's Fiscal Year 2017-2018 Tentative Millage Rate and Tentative Budget as required by Florida Statutes, Chapters 129 and 200 and as advertised in the Truth-In-Millage (TRIM) Notices distributed by the Alachua County Property Appraiser's Office.

 

This evening we will take a number of actions related to the adoption of the millage rate and proposed budgets.  The Final Public Hearing on these matters will be held on Monday, September 25, 2017 at 6:00 p.m. in this same location, Alachua City Hall Commission Chambers.

 

During the month of August 2017, the City Manager presented to the City Commission proposed budgets by major fund type.  The total budget presented, at the time, was $39,190,220 and based on a rate of 5.9900 mills.

 

The General Fund rolled back rate is 5.7065 mills with the proposed tentative millage now being 5.3900 mills. The proposed tentative  millage rate is less than the rolled back rate by 5.55%.

 

The FY 2017-2018 Tentative Budget, inclusive of any changes presented, totals $38,574,055 which is an $11,810,621 decrease from the FY 2016-2017 Amended Budget.

 

In order to enact the proposed tentative millage rate, a majority vote must be passed by the City Commission at the final public hearing on the budget.  By adopting these resolutions tonight, the Commission authorizes and directs the City Manager to prepare and publish all necessary and required notices prior to the hearing established herein, and to provide copies of these resolutions to all parties as may be required by applicable law.

 

The Public Hearing for the Tentative Millage Rate and Tentative Budget was rescheduled from Sept. 11, 2017 to Sept. 18, 2017 due to the statewide state of emergency for Hurricane Irma, consistent with the Governor's Executive Order 17-235.

 
FINANCIAL IMPACT: Yes
BUDGETED: Yes
AMOUNT:  $38,574,055
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 17-23 Tentative Millage
Resolution 17-24 COA FY2017-2018 Tentative Budget
COA FY 2017 - 2018 Tentative Budget
FY 18 Tentative Budget - All Funds By Category
Public Hearing Script Reso 17-23 and 17-24
SIGNED 17-23
SIGNED 17-24