1
00:00:00,000 --> 00:00:04,680
And for the invocation, the pledge of allegiance, led by councilwoman, Florida brook.

2
00:00:05,840 --> 00:00:13,160
On this day, on our beautiful sanctuary island, maybe reflect on the anniversary that this date represents.

3
00:00:14,300 --> 00:00:22,040
For years ago today, a storm unlike any other, tore apart our homes, rect our businesses, brought down our critical infrastructure.

4
00:00:23,100 --> 00:00:28,680
But maybe remember that day with gratitude for what we gained, instead of mourning what we lost.

5
00:00:28,680 --> 00:00:35,760
May we be grateful for the bravery of the police and firefighters, all the first responders,

6
00:00:36,540 --> 00:00:41,700
for the steady leadership demonstrated by our city manager, Dana Sousa and all his staff.

7
00:00:42,500 --> 00:00:49,080
For the impossibly optimistic determination of our mayor at that time, Holly Smith, who would

8
00:00:49,080 --> 00:00:55,180
not allow anything but looking forward, and my fellow council members, Mayor Miller, Vice

9
00:00:55,180 --> 00:01:01,100
handshot council member Johnson, who along with then council member Scott Crater worked tirelessly

10
00:01:01,100 --> 00:01:07,580
to bring our island back to life. Maybe be grateful for Maria Espinoza, the leadership at

11
00:01:07,580 --> 00:01:13,620
fish who provided meals and services to the whole community. Greatful for James Evans and

12
00:01:13,620 --> 00:01:19,120
SCCF who pivoted from taking care of the environment to taking care of residents across the island.

13
00:01:19,120 --> 00:01:23,300
grateful for the small businesses who opened their doors and provided

14
00:01:23,300 --> 00:01:28,480
respite and all the men and women and children who rolled up sleeves put on

15
00:01:28,480 --> 00:01:33,020
boots and did what they could to lend the hand to rebuild our community. One

16
00:01:33,020 --> 00:01:39,680
shop at a time, one home at a time. Our island may have been devastated that day

17
00:01:39,680 --> 00:01:45,560
but our community was not. Instead demonstrated the capacity of what we can do

18
00:01:45,560 --> 00:01:48,800
when we unite to achieve our common goal.

19
00:01:49,100 --> 00:01:52,760
And for that, may we always be truly grateful, amen.

20
00:01:53,880 --> 00:01:54,040
Amen.

21
00:01:55,520 --> 00:02:00,280
I pledge allegiance to the flag of the United States of America

22
00:02:00,280 --> 00:02:03,260
and to the Republic for which it stands.

23
00:02:03,580 --> 00:02:09,320
One nation under God, indivisible with liberty and justice for us.

24
00:02:12,700 --> 00:02:17,600
Thank you, Laura, and thanks for the recognition of the contributions of all those people.

25
00:02:19,260 --> 00:02:21,560
I'll roll call, City Clerk.

26
00:02:22,460 --> 00:02:23,340
Mayor Miller.

27
00:02:24,020 --> 00:02:24,720
Vice Mayor Hensha.

28
00:02:24,820 --> 00:02:25,020
Here.

29
00:02:25,400 --> 00:02:26,220
Councilmember DeBruce.

30
00:02:26,680 --> 00:02:27,820
Here, Councilmember Johnson.

31
00:02:28,280 --> 00:02:28,320
Here.

32
00:02:28,620 --> 00:02:29,280
Councilmember Smith.

33
00:02:29,620 --> 00:02:29,720
Here.

34
00:02:29,960 --> 00:02:30,740
Thank you.

35
00:02:31,000 --> 00:02:32,500
Item four is setting the agenda.

36
00:02:33,060 --> 00:02:38,200
I'll note that historically this final budget hearing is generally pretty brief.

37
00:02:38,680 --> 00:02:44,380
But that tends to mask the process, which has been very long and intense.

38
00:02:44,380 --> 00:02:50,020
Council has been working on the budget since June, and city staff has probably been working

39
00:02:50,020 --> 00:02:51,500
on it for most of the year.

40
00:02:52,300 --> 00:02:58,680
So I think staff for all of the contributions, we only have only one substantive agenda

41
00:02:58,680 --> 00:03:03,460
item that's afternoon, which is the budget, which includes three resolutions, and he changes

42
00:03:03,460 --> 00:03:04,500
to the agenda.

43
00:03:06,800 --> 00:03:10,960
Seeing none, recognize our Deputy City Manager Steve Trable.

44
00:03:10,960 --> 00:03:24,200
Thank you mayor mayor vice mayor city council. So tonight we're going to as the mayor mentioned the culmination of almost a year of working on the budget and we'll start probably again in a couple months working on it

45
00:03:24,200 --> 00:03:32,860
For the final budget adoption for fiscal year 27 in the agenda on the first agenda item my memo does summarize

46
00:03:32,860 --> 00:03:40,300
What the budget total is for the city. I have it up on the screen right now is not changed since the first budget hearing

47
00:03:40,300 --> 00:03:49,780
So we're looking at a budget, a proposed budget of 187,622,061 dollars across all funds.

48
00:03:50,460 --> 00:04:00,200
The breakdown on the screen shows on the left-hand side where the sources of those funds are and on the right-hand side the uses.

49
00:04:01,060 --> 00:04:06,900
So the budget doesn't include both beginning fund balance and ending fund balance and all funds.

50
00:04:06,900 --> 00:04:14,440
Also, on the agenda, I have linked to the presentation that we made and the council discussed

51
00:04:14,440 --> 00:04:20,020
at the September 14th hearing and then a link to the final proposed budget, which is online.

52
00:04:20,960 --> 00:04:25,140
So, while the numbers will be finalized, after tonight, we'll still be working through

53
00:04:25,140 --> 00:04:32,080
the budget process for the next two months to get it ready to publish out all the information

54
00:04:32,080 --> 00:04:37,880
that's required by accounting standards and the prior city budget. So we'll get an announcement

55
00:04:37,880 --> 00:04:42,940
out when that final information is all posted out there. So I just want to mention again

56
00:04:42,940 --> 00:04:48,100
that we're no changes to the budget. We did advertise the budget as required by statutes

57
00:04:48,100 --> 00:04:54,400
and then in the news press last Thursday. I haven't received any public comment regarding the

58
00:04:54,400 --> 00:04:59,280
it's in thin. So with that mayor, I'll be able to answer any questions or turn to

59
00:05:00,920 --> 00:05:05,760
Any questions or discussion for our CFO before we get to the three resolutions?

60
00:05:07,920 --> 00:05:15,900
I have just a couple of things. I appreciated the memorandum, which I know is attached to the agenda

61
00:05:15,900 --> 00:05:25,140
and for those in addition to us who may be looking at it. And as we've discussed over the past months,

62
00:05:25,140 --> 00:05:35,620
we have a budget of 187,000, but about over a hundred of, I'm sorry, a million, but over

63
00:05:35,620 --> 00:05:40,780
a hundred million of that is Hurricane E and designated in some way shape or formed.

64
00:05:41,260 --> 00:05:45,960
Yes, that is correct, and thank you, I should have mentioned that, keep mentioning, so, and

65
00:05:45,960 --> 00:05:52,940
most of those resources are in the Hurricane E fund, but yes, you will see the results of

66
00:05:52,940 --> 00:06:00,040
in the sewer fund as well, so there's about $85 million worth of active grants that are still

67
00:06:00,040 --> 00:06:04,520
working. So yeah, the vast majority of the budget still is working in the company.

68
00:06:04,740 --> 00:06:09,800
And I was wondering, I know that much of it is in that Hurricane Ian Fund and then in the

69
00:06:09,800 --> 00:06:21,540
Enterprise sewer fund. Looking at the total sources of funding though, it looks as if it is

70
00:06:21,540 --> 00:06:27,020
enterprise fund, and then parts in general fund, would you say it's sort of in different pockets

71
00:06:27,020 --> 00:06:32,920
in this first chart here? So there's probably there's a little bit of grant activity

72
00:06:33,960 --> 00:06:39,280
in, well, I shouldn't say a little bit. So in the general fund, there is the

73
00:06:39,280 --> 00:06:46,300
those significant grant activity that is related to hurricane DN is the past through CDBGDR grants.

74
00:06:46,300 --> 00:06:55,080
So, those are the grants that in the budget right now grants that have been approved for fish and for the fire districts, station 171.

75
00:06:55,660 --> 00:06:59,920
That's $6 million of the general fund budget are those passed refunds.

76
00:07:00,060 --> 00:07:09,720
So, they do increase the budget, but it's money that is, we, those entities, expend those funds, we reimburse them and then the county reimburse us.

77
00:07:09,720 --> 00:07:14,440
beyond that six million dollars, the vast majority of it will be in the Hurricane

78
00:07:14,440 --> 00:07:19,520
Ian Fund, which is a special revenue, and then the sewer fund, which is a part of

79
00:07:19,520 --> 00:07:20,580
the enterprise funds.

80
00:07:21,660 --> 00:07:28,060
Well, it's, I understand that, the special revenue we have about 43 million, and in the enterprise

81
00:07:28,880 --> 00:07:37,140
fund, I'm wondering, is that the, so the enterprise fund consists of sewer and beach?

82
00:07:37,600 --> 00:07:37,840
Right.

83
00:07:37,840 --> 00:07:46,020
But I'm looking at first chart, wondering in terms of the sources of funds, if where that

84
00:07:46,020 --> 00:07:51,800
where the hurricane revenue, I'm sorry, where the hurricane end revenue is in that fund.

85
00:07:52,180 --> 00:07:52,300
In the other part.

86
00:07:52,300 --> 00:07:57,720
This is sort of, if you looked only at this first sources of funds where you would be able

87
00:07:57,720 --> 00:08:00,640
to find all of that or most of it.

88
00:08:00,640 --> 00:08:17,020
So, the easiest way to, now in the individual fund budget, so if you click on, again, back at the main page of the budget and select the sewer fund, those grants are going to be labeled as intergovernmental grants.

89
00:08:17,480 --> 00:08:28,060
It does not provide the detail. The best way to get that detail is to go to the capital improvement plan, and then all those in the sewer fund, anything that is preceded with the word grant.

90
00:08:28,060 --> 00:08:33,460
currently in the sewer fund is directed related to Hurricane Ian. Now it could be

91
00:08:33,460 --> 00:08:37,880
FEMA projects but the vast majority of right now is state funded but those were

92
00:08:37,880 --> 00:08:40,580
result of Hurricane Ian. That's where you get that detail.

93
00:08:42,720 --> 00:08:44,280
And then the six

94
00:08:44,280 --> 00:08:50,500
million or so is that when we go over to the city uses a fund that would that be the

95
00:08:50,500 --> 00:08:54,660
six point four million in terms of the grants and assistance would you say most of

96
00:08:54,660 --> 00:08:57,380
That is the path through to fish and the.

97
00:08:57,380 --> 00:09:02,880
Yes, so six million of that amount is the CDBGDR path through grants.

98
00:09:03,520 --> 00:09:11,080
The rest of it is the annual support that contracture we give to CHR and the historical

99
00:09:11,080 --> 00:09:11,760
museum.

100
00:09:13,220 --> 00:09:14,980
But six million dollars, that's an even number.

101
00:09:15,320 --> 00:09:18,640
We're not really sure what the activity is going to be next year, but six million dollars

102
00:09:18,640 --> 00:09:20,700
for the fish and the fire district.

103
00:09:21,000 --> 00:09:21,380
Great.

104
00:09:21,560 --> 00:09:22,140
Thank you.

105
00:09:22,140 --> 00:09:42,520
And then, I think I have figured it out, but it might be worth also, that for our taxes, the 15-9-1-4-8-1-9 from the general, from the general fund, that's adverlorum, but then additional taxes as well.

106
00:09:43,060 --> 00:09:47,960
And your estimating not a little over 95% of adverlorum, I think, right?

107
00:09:47,960 --> 00:09:59,980
Yes, so both the answer questions are yes, so part of that and again, you get the detail for the tax revenue in the general fund detail, but the vast majority is at the alarm, but

108
00:10:00,000 --> 00:10:07,080
There are other taxes we receive sales taxes from the state. There's communications sales taxes in there, so all beyond

109
00:10:07,980 --> 00:10:15,140
advalorum, the state does put out revenue estimates. So we use those estimates, because all that money is collected

110
00:10:15,140 --> 00:10:22,440
through the state and remitted back to us. The advalorum is currently budgeted at 97% of the total

111
00:10:22,440 --> 00:10:27,580
levy accounting for discounts. Typically, 10 of our residents, most residents take advantage

112
00:10:27,580 --> 00:10:31,400
of the discounts, and pay early, so it averages out about 3%.

113
00:10:31,920 --> 00:10:32,380
Okay, great.

114
00:10:32,440 --> 00:10:32,940
Thank you.

115
00:10:33,000 --> 00:10:33,520
You're welcome.

116
00:10:34,480 --> 00:10:37,780
Any other discussion on the budget at this time?

117
00:10:38,240 --> 00:10:38,580
We had to say.

118
00:10:38,580 --> 00:10:39,040
Wait a minute.

119
00:10:39,120 --> 00:10:39,560
Quick question.

120
00:10:39,660 --> 00:10:47,440
I think I may know the answer to this, but in respect to the past through monies, do we retain any

121
00:10:47,440 --> 00:10:51,960
of that as we pass it through, like most governmental agencies do?

122
00:10:52,620 --> 00:10:53,320
We do not, sir.

123
00:10:53,320 --> 00:11:00,880
So we made a decision right after Hurricaney and when a lot of the city BGDR grant funding opportunities

124
00:11:00,880 --> 00:11:04,920
came up, we are allowed to withhold an administrative fee.

125
00:11:05,020 --> 00:11:08,100
We currently do not withhold any money for those past few rounds.

126
00:11:08,400 --> 00:11:08,560
Okay.

127
00:11:08,960 --> 00:11:09,600
Thank you.

128
00:11:09,700 --> 00:11:11,140
Can I add a comment to that?

129
00:11:11,260 --> 00:11:17,240
If my voice will hold down, is that we made that conscious decision because it would have

130
00:11:17,240 --> 00:11:19,540
increased the cost before the recipients.

131
00:11:19,540 --> 00:11:25,740
It was not a percentage of the administrative, I remember discussing this with the council member Smith.

132
00:11:26,740 --> 00:11:33,240
When the funds first came to available that the county had an allocation of the funds for the administrative costs.

133
00:11:33,340 --> 00:11:37,540
We went to the county and asked if we could get a percentage of that for our administrative costs.

134
00:11:38,360 --> 00:11:44,520
But the only way that we could have done that would have been an additional cost to either fish and the fire district.

135
00:11:44,520 --> 00:11:51,160
And so Steve had estimated that once the project get off the ground, that it would be a very minimum expense for us.

136
00:11:51,520 --> 00:11:56,660
So we opted not to add that additional expense to the recipients of the grants.

137
00:11:57,880 --> 00:11:58,040
Thank you.

138
00:11:58,380 --> 00:11:58,520
Customers.

139
00:11:58,800 --> 00:12:01,640
Yeah, and just on that, because that's perfect.

140
00:12:02,020 --> 00:12:04,480
I can't remember what the county was getting administratively.

141
00:12:04,480 --> 00:12:07,760
Something around 55 million or something like that.

142
00:12:07,760 --> 00:12:14,480
So we did request that every municipality who was subrecipient for areas were given

143
00:12:14,480 --> 00:12:27,080
that and we were respectfully declined on that and I did pointedly ask CFO staple if it was what

144
00:12:27,080 --> 00:12:34,560
type how much and it was extremely nominal. So we really didn't want to pass that on and I

145
00:12:34,560 --> 00:12:39,940
think that if he thought it was going to be something more of a time on his staff and things like

146
00:12:39,940 --> 00:12:44,280
that we would probably come back and reconsider that number. Is that fair to say? In our discussion

147
00:12:44,940 --> 00:12:47,120
So I will just add on to that later.

148
00:12:47,580 --> 00:12:51,080
At the last meeting, the City Council approved the indirect cost study that we performed

149
00:12:51,080 --> 00:12:51,620
a year.

150
00:12:52,160 --> 00:12:59,940
And one of the reasons that we do that is we produced that study under OMB federal standard.

151
00:13:00,300 --> 00:13:06,740
So we can withhold indirect costs on some grants if it's beneficial for the city and we

152
00:13:06,740 --> 00:13:07,540
choose to do so.

153
00:13:07,560 --> 00:13:09,380
So we have the ability to do it.

154
00:13:09,500 --> 00:13:12,740
We have backup if we want to do it, but currently we don't have a policy where we

155
00:13:12,740 --> 00:13:13,160
are collecting.

156
00:13:13,160 --> 00:13:20,440
And may or on that as well, the reimbursements for fire, they're almost ready to give us

157
00:13:20,440 --> 00:13:22,940
the reimbursements before even ask.

158
00:13:22,980 --> 00:13:29,320
I mean, they've been very prompt on that, and I know for the fish building, they also

159
00:13:29,320 --> 00:13:32,240
have reserves that exceed the grant.

160
00:13:32,700 --> 00:13:37,660
So if there were any issues, they could sustain on the grant themselves on reserves.

161
00:13:39,260 --> 00:13:40,300
Councilman Johnson.

162
00:13:40,880 --> 00:13:41,420
Thank you, Mayor.

163
00:13:42,620 --> 00:13:48,460
Vice Mayor, as you point out, most government agencies take some of those funds as an administrative

164
00:13:48,460 --> 00:13:49,040
charge.

165
00:13:49,480 --> 00:13:56,840
This is yet another example of how we work as a local government and how we make the money

166
00:13:56,840 --> 00:14:00,040
go where it falls and where it's most needed.

167
00:14:01,660 --> 00:14:02,080
Thank you, Mayor.

168
00:14:02,880 --> 00:14:05,480
Any other discussion before I go to public comments?

169
00:14:06,400 --> 00:14:10,360
See you then, any public comments on the budget at this time?

170
00:14:11,140 --> 00:14:11,240
Mitch.

171
00:14:14,640 --> 00:14:15,140
Thank you, Mitch.

172
00:14:15,440 --> 00:14:16,700
Kaufelman, a sandable resident.

173
00:14:17,900 --> 00:14:19,400
Laura, you hit her right on the head.

174
00:14:20,200 --> 00:14:21,620
I had the opportunity.

175
00:14:22,420 --> 00:14:27,860
Which I tested Steve out with Cody to try to get a better handle on not only the budget,

176
00:14:27,980 --> 00:14:32,660
but the implications of a potential passage of amendment 3 on sandable.

177
00:14:33,000 --> 00:14:36,260
And I spent a lot of time going through the last five year,

178
00:14:36,260 --> 00:14:39,020
but I'm not an accountant, I'm not a financial person,

179
00:14:39,140 --> 00:14:41,520
but I ran a $300 million business at one point,

180
00:14:41,740 --> 00:14:43,780
so I had to understand that stuff.

181
00:14:44,740 --> 00:14:47,800
And what I'm going with this is the questions you ask,

182
00:14:47,920 --> 00:14:50,720
other questions, a normal citizen would ask about

183
00:14:51,360 --> 00:14:53,740
how we manage our money, how we spend our money.

184
00:14:54,760 --> 00:14:56,260
To be perfectly honest, is detailed

185
00:14:56,260 --> 00:14:59,120
and is perfect as the tables are available.

186
00:14:59,120 --> 00:14:59,980
Thanks for watching, and I'll see you in the next video, and I'll see you in the next video.

187
00:15:00,000 --> 00:15:06,580
We are not easily understood by a member of the public. And I'm going to make a suggestion that

188
00:15:06,580 --> 00:15:14,340
we're perhaps in amendment 3 may pass. The focus of the public on taxes, how the money is

189
00:15:14,340 --> 00:15:19,120
generated and how it's spent is going to go up astronomically over the next couple of years.

190
00:15:19,840 --> 00:15:27,340
And we ought to think about putting out a user-friendly interpretation of our budget and how it's

191
00:15:27,340 --> 00:15:32,000
put together, not necessarily with all the buckets with all the funds, because to have

192
00:15:32,000 --> 00:15:34,060
ever citizen, that's accounting.

193
00:15:34,360 --> 00:15:35,720
It doesn't really matter to them.

194
00:15:35,900 --> 00:15:41,340
Just basically break it down where the source of the revenues come from, whether it's

195
00:15:41,340 --> 00:15:48,300
Advalorum taxes, whether it's pass through to government grants, keep it simple and get

196
00:15:48,300 --> 00:15:52,540
it out, so they have a basis for understanding where things may go in the future.

197
00:15:53,460 --> 00:15:56,680
So you asked the right questions, now I'm going to look back to Steve.

198
00:15:56,680 --> 00:16:00,780
I can help you with that in a series that I think it would be very valuable for the public

199
00:16:00,780 --> 00:16:07,380
to have a good public common sense feel for where our money is going, how it's spent

200
00:16:07,380 --> 00:16:08,860
and where it's coming from.

201
00:16:09,060 --> 00:16:09,300
Thank you.

202
00:16:09,400 --> 00:16:10,140
Thanks, your comment.

203
00:16:10,340 --> 00:16:12,140
Any other public comments on the budget?

204
00:16:14,840 --> 00:16:15,940
Anything else, Steve?

205
00:16:16,740 --> 00:16:17,760
Before I go to the resolutions.

206
00:16:18,420 --> 00:16:21,180
No, but I will just quickly explain what the resolutions are doing.

207
00:16:21,320 --> 00:16:27,140
So the first resolution will set the military for fiscal year 27, the second resolution

208
00:16:27,140 --> 00:16:33,700
will set and adopt the total dollar amount of the total city budget for fiscal year 27.

209
00:16:34,400 --> 00:16:41,320
And then the third resolution commits the reserves in the general fund per our fund balance policy

210
00:16:41,320 --> 00:16:46,300
that it has included in the budget. Would you read the title of the resolution 26 to National

211
00:16:46,300 --> 00:16:51,500
42? I will do that. And before I do that mayor, if I may, I just want to thank council

212
00:16:51,500 --> 00:16:56,000
you mentioned that you've been working on this in June, and I think that your work actually

213
00:16:56,000 --> 00:17:01,560
started before that, really with the Stonewater Mass to Plan and the Prioritization of

214
00:17:01,560 --> 00:17:06,500
projects that we never required for the community. So we, from a staff perspective, we thank

215
00:17:06,500 --> 00:17:10,960
all of you for the work that you've put into the budget and the guidance that you've given to us too.

216
00:17:11,120 --> 00:17:18,800
So thank you. Mayor. Yes. She said a quick call. And I typically wouldn't do this, but I just

217
00:17:18,800 --> 00:17:25,240
We had, I think the public comment was very valid in the years that I've sat, we've always

218
00:17:25,240 --> 00:17:28,420
had a hard copy that we could take and we could open up.

219
00:17:28,740 --> 00:17:34,200
I can tell you, you know, as much as we try to understand it ourselves, I find this extremely

220
00:17:34,200 --> 00:17:36,540
complex to look for things online.

221
00:17:37,000 --> 00:17:42,160
And I would love to see us have some sort of a forward-facing hard copy.

222
00:17:42,220 --> 00:17:44,760
We could flip it open, we could go to the capital improvements.

223
00:17:44,760 --> 00:17:51,900
I had to look in many different areas, and as easy as it might be for staff, it's not for the rest

224
00:17:51,900 --> 00:17:52,360
of us.

225
00:17:52,460 --> 00:17:57,580
And if it's not for us, it certainly isn't for our citizens, even though we work on this

226
00:17:57,580 --> 00:18:00,300
all-in-round, basically, or within the next couple of months.

227
00:18:00,720 --> 00:18:05,400
So I just want to echo the comments of the public that I think that would be very helpful.

228
00:18:05,860 --> 00:18:06,360
Thank you.

229
00:18:06,780 --> 00:18:12,440
Mayor El just said, Stephen, I have talked about a citizen's guide to the budget that we

230
00:18:12,440 --> 00:18:14,320
could be that we would look to generate.

231
00:18:14,860 --> 00:18:21,740
So Mitch's comment is apropos, and we understand that as we go into the referendum process

232
00:18:22,360 --> 00:18:27,080
and next year with some of the state requirements to go through the exercise for 10% cut,

233
00:18:27,220 --> 00:18:33,200
et cetera, that it's going to be important that people can understand exactly how that

234
00:18:33,200 --> 00:18:34,340
translate to services.

235
00:18:34,940 --> 00:18:40,240
So it's a great comment, and we have had discussion about having a very easy to read document

236
00:18:40,240 --> 00:18:41,620
that would be available to the public.

237
00:18:41,620 --> 00:18:43,960
So Mayor, just one other comment, just to piggyback.

238
00:18:44,160 --> 00:18:48,700
So one about the budget book, that will be published as part of this.

239
00:18:49,020 --> 00:18:54,120
So on the online page, one of the first links on the left-hand side of the page will be a PDF that

240
00:18:54,120 --> 00:18:57,720
name they can download and print out at their convenience.

241
00:18:58,460 --> 00:19:01,000
And then second, yeah, very good comments.

242
00:19:02,040 --> 00:19:10,200
One thing I do like to mention during the whole budget process is the numbers are a very small part of the communication tool the budget.

243
00:19:10,200 --> 00:19:19,320
So what we're going to be working on of the next two months is flushing out the narrative and making it easy to read and understand about what those numbers mean.

244
00:19:19,720 --> 00:19:25,240
So as you go into the links for the different funds, you'll see tables like this for the numbers.

245
00:19:25,440 --> 00:19:33,540
But the big part about is we do explain where all these numbers are coming from and the effect and how we determine the estimates for those.

246
00:19:33,880 --> 00:19:38,260
So and then we'll incorporate obviously changes that come up for tax reform, but I just want to mention that a lot.

247
00:19:38,380 --> 00:19:38,980
Thank you.

248
00:19:38,980 --> 00:19:43,460
So, City Manager, would you read Resolution 26-1042?

249
00:19:43,800 --> 00:19:44,340
Yes, sir.

250
00:19:44,460 --> 00:19:50,820
Resolution 26-1042, a resolution of the City Council of the City of Santa Bel Florida, adopting

251
00:19:50,820 --> 00:19:56,840
the final operating and voted debt service, ad-vallorn milled rates, for tax year 2026,

252
00:19:57,560 --> 00:19:59,400
fiscal years, 2027.

253
00:20:00,000 --> 00:20:16,420
And for the city of Sannebel, Florida, and providing an effective date. The blanks in section 1 should be filled out at 2.5000 mills, and then increase that above the rollback rate by 6.9%.

254
00:20:17,990 --> 00:20:31,370
I would move resolution 26-042 filling in the blanks at 2.5000 mills with an increase of

255
00:20:31,370 --> 00:20:40,110
a six point nine percent a different from rollback for a second and a discussion

256
00:20:40,110 --> 00:20:46,130
of council and a public comments and connection with the proposed resolution 26

257
00:20:46,130 --> 00:20:50,950
to four to say none bring it back to council by tomorrow.

258
00:20:51,290 --> 00:21:02,090
I just before I vote I just want to and recognizing where I'll be this time next year I

259
00:21:02,090 --> 00:21:09,470
just to make it clear that the 2.5000 and that's where the 3000 was come from.

260
00:21:11,470 --> 00:21:19,090
But the is is the right military, I think, for us right now, given given our current

261
00:21:19,090 --> 00:21:21,350
situation and still recovering from Ian.

262
00:21:21,750 --> 00:21:30,290
But I would like the general public to understand that at least a hope is for next year that

263
00:21:30,290 --> 00:21:39,930
military could be cut closer to to the rollback. But this year, I do believe it's the right thing

264
00:21:39,930 --> 00:21:46,590
for us given the fact that we're still in recovery. We're getting close to the end, but not quite,

265
00:21:47,270 --> 00:21:48,490
and I think it's appropriate.

266
00:21:50,510 --> 00:21:55,870
So I would expect the public to come back another eight, nine,

267
00:21:55,870 --> 00:22:01,870
months from now and be looking very very closely at our village rate and see if we can

268
00:22:01,870 --> 00:22:09,150
learn that. So that would be my hope is that we would. Assuming everything moves along is

269
00:22:09,150 --> 00:22:17,190
it's moving but get down lower that village rate where it is today or at least what we're about

270
00:22:17,190 --> 00:22:22,570
to vote on. Thank you. Any other comments before we vote? My only comment in reference to that is

271
00:22:22,570 --> 00:22:27,570
you know, hopefully we'll be getting more inventory back on the market, which we'll be able

272
00:22:27,570 --> 00:22:34,210
to drive the taxes, the tax face that we've lost to come back. And I look forward to

273
00:22:34,210 --> 00:22:36,570
next year's budget conversation as well.

274
00:22:37,550 --> 00:22:38,410
And the other discussion.

275
00:22:39,370 --> 00:22:43,310
Senance Scotty in line, which we call the vote on 26-042.

276
00:22:43,590 --> 00:22:44,510
Council Member DeBruce?

277
00:22:44,890 --> 00:22:45,130
Yes.

278
00:22:45,310 --> 00:22:46,010
Vice Mayor Anja?

279
00:22:46,330 --> 00:22:46,590
Yes.

280
00:22:46,750 --> 00:22:47,190
Mayor Miller?

281
00:22:47,330 --> 00:22:47,590
Yes.

282
00:22:47,790 --> 00:22:48,630
Council Member Johnson?

283
00:22:50,350 --> 00:22:50,550
Yes.

284
00:22:50,910 --> 00:22:51,250
Thank you.

285
00:22:51,250 --> 00:22:58,070
Thank you. I brings us to consideration of resolution 26-043 City Manager, which we did

286
00:22:58,070 --> 00:23:04,330
title to that resolution. Thank you Mayor Resolution 26-043, a resolution of the City Council

287
00:23:04,330 --> 00:23:09,390
of the City of San About Florida, adopting the final budget for the fiscal year ending September

288
00:23:09,390 --> 00:23:15,550
30th, 2027 for the City of San About Florida, and providing an effective date. Thank you.

289
00:23:15,550 --> 00:23:23,230
the blank in the last where our section should be filled in is $187,622,061 dollars.

290
00:23:24,270 --> 00:23:25,250
Any discussion?

291
00:23:28,270 --> 00:23:28,850
That's my question.

292
00:23:29,230 --> 00:23:37,490
Mr. Mayor, I will move 26-043 in starting into the blank.

293
00:23:41,840 --> 00:23:45,880
187,622,261 dollars.

294
00:23:46,700 --> 00:23:48,940
Second, I think you nailed it.

295
00:23:49,000 --> 00:23:49,880
Any discussion at council?

296
00:23:51,200 --> 00:23:54,140
Senate, any public comments on this resolution?

297
00:23:56,590 --> 00:23:58,590
Seeing none, back to Council, any further discussion?

298
00:24:00,270 --> 00:24:03,730
Scott and Language, you call the vote on 26-043.

299
00:24:04,830 --> 00:24:05,690
Council member DeBruce?

300
00:24:06,090 --> 00:24:06,130
Yes.

301
00:24:06,410 --> 00:24:07,170
Vice-Minor Hintel?

302
00:24:07,410 --> 00:24:07,570
Yes.

303
00:24:07,670 --> 00:24:08,130
Mayor Miller?

304
00:24:08,890 --> 00:24:09,530
Council member Johnson?

305
00:24:11,130 --> 00:24:11,350
Yes.

306
00:24:11,530 --> 00:24:12,050
Thank you.

307
00:24:12,370 --> 00:24:12,850
Thanks, Scott.

308
00:24:12,850 --> 00:24:19,690
The lend brings us to agenda item 5D, which is consideration of resolution 26-044.

309
00:24:19,690 --> 00:24:22,270
City Manager, would you please read the title?

310
00:24:22,690 --> 00:24:23,110
Thank you, Mayor.

311
00:24:23,450 --> 00:24:25,690
Resolution 26-0444.

312
00:24:26,430 --> 00:24:29,510
Resolution of the City Council of the City of Sanabel, Florida.

313
00:24:30,070 --> 00:24:33,170
Establishing committed fund balances for emergency reserves.

314
00:24:33,650 --> 00:24:36,670
An operational support reserves for the city of Sanabel.

315
00:24:36,870 --> 00:24:38,750
And providing for an effective date.

316
00:24:39,070 --> 00:24:40,990
There have not been a subscriber there in that title.

317
00:24:41,070 --> 00:24:42,530
And it should be an addition.

318
00:24:42,970 --> 00:24:44,790
It should say debt service reserves.

319
00:24:45,310 --> 00:24:46,930
There's a third type of reserve.

320
00:24:46,930 --> 00:24:51,890
the resolution body correct just a title just a title okay so no

321
00:24:52,930 --> 00:24:59,430
need a discussion in council yes a woman to Bruce yes thank you thank you

322
00:24:59,430 --> 00:24:59,970
this is a

323
00:25:00,000 --> 00:25:10,820
May a good time to forward within our reserves to speak again about in the event of another event of which we hope we

324
00:25:10,820 --> 00:25:25,620
will face again. And these emergency reserves, in such a case, would help us through initially, but perhaps not so far. Do we also have, or could you remind us, do we have also an LOC that we would

325
00:25:25,620 --> 00:25:33,100
and other ways that we would be able to sustain in addition to the amounts that we have here.

326
00:25:33,240 --> 00:25:34,160
Yes, thank you, Council Member.

327
00:25:34,580 --> 00:25:40,740
So the emergency reserve, and it's been varying on depending on the severity of the event,

328
00:25:41,480 --> 00:25:45,380
but it is a very short-lived, depending on the event.

329
00:25:45,400 --> 00:25:50,980
Hurricane Ian, we went through that 5.9 million within the first month,

330
00:25:51,480 --> 00:25:56,440
between debris, emergency procedures, and debris right off the storm.

331
00:25:58,000 --> 00:26:02,440
We did have an active line of credit for Hurricane In, we let that expire and we don't

332
00:26:02,440 --> 00:26:03,780
have one right now.

333
00:26:04,760 --> 00:26:09,120
But the reason that we don't have an active one right now is that we are enrolled, and this

334
00:26:09,120 --> 00:26:14,580
is a third year that we have been involved in the state of Florida's F-Frock program, which is

335
00:26:14,580 --> 00:26:16,600
the recovery obligation credit program.

336
00:26:16,600 --> 00:26:21,640
So depending on your experience with storms, and we are ready to very high on our experience.

337
00:26:22,620 --> 00:26:23,980
You can take that as a good or a bad.

338
00:26:25,340 --> 00:26:33,280
We would receive advanced 50% advanced funding on projects that we developed after a storm.

339
00:26:34,020 --> 00:26:40,780
The purpose of that program is to dispense cash very quickly to organizations so they can start that recovery.

340
00:26:41,580 --> 00:26:49,820
We're currently, you know, I could have got that number from Brett today, we're finalizing the opt-in for fiscal year 27 right now.

341
00:26:50,020 --> 00:26:59,300
I believe the last number I got from him was where at 87%, which is one of the highest in the state right now, so that allows us to get some advanced funding.

342
00:26:59,540 --> 00:27:07,280
So for example, if we went through the 5,5,9 million dollar reserve within a couple months, we could get some advanced funding from the state.

343
00:27:07,280 --> 00:27:12,580
And that is, you really isn't advanced on your potential FEMA revenues.

344
00:27:13,560 --> 00:27:17,740
And in addition to that, which I understand is mostly for projects.

345
00:27:18,620 --> 00:27:24,440
You believe that we would also be eligible again for that revenue replacement grant

346
00:27:24,440 --> 00:27:26,360
for house or is that something different?

347
00:27:26,640 --> 00:27:28,400
Like, what about our operational day-to-day?

348
00:27:28,460 --> 00:27:31,840
It's not just projects, but just like keeping the lights on, paying salary.

349
00:27:31,840 --> 00:27:44,820
Right. So currently there is not that is not part of the F Rock program and we part of that emergency reserve because we are in the F Rock program. We could use that for operational research.

350
00:27:44,860 --> 00:27:49,720
But we would look at probably opening up a line of credit. One of the requirements.

351
00:27:49,720 --> 00:27:59,820
And what I foresee is that the Florida Department of Emergency Management will have us kind of expand our financial policy.

352
00:28:00,020 --> 00:28:09,160
But one of the requirements of the FRAC program is that we have an established financial policy for disaster events and how are we going to self-manage that.

353
00:28:09,160 --> 00:28:19,540
We have indicated that our policy is that we would open up a line of credit, so the state is looking for us to have that ability or at least the intent to be able to do that.

354
00:28:19,540 --> 00:28:23,300
They're not requiring at this point, but it is part of our financial plan with them.

355
00:28:23,480 --> 00:28:26,920
So that's something that we would look into as a city sooner than later, before.

356
00:28:26,960 --> 00:28:27,320
Exactly.

357
00:28:27,780 --> 00:28:31,960
Now, I will just speak on the revenue replacement grant that we received from Hurricaney

358
00:28:31,960 --> 00:28:37,100
and just for the record, it was a one-time funding source from the state that generally would

359
00:28:37,100 --> 00:28:40,980
not be available after Hurricaney and let's just stay to appropriate a more money.

360
00:28:41,120 --> 00:28:41,720
Thank you.

361
00:28:41,780 --> 00:28:43,000
Thank you.

362
00:28:43,120 --> 00:28:45,400
And the other discussion on the proposed resolution?

363
00:28:50,930 --> 00:28:57,010
Yes, absolutely. I would move resolution 26-044.

364
00:28:58,830 --> 00:29:02,190
There's second. We have a motion in second on the resolution.

365
00:29:02,470 --> 00:29:05,710
Don't think we have any blanks to fill in any discussion at Council.

366
00:29:07,290 --> 00:29:10,890
See, then any public comments on this proposed resolution at

367
00:29:13,450 --> 00:29:13,850
Council?

368
00:29:13,850 --> 00:29:19,530
last transfer discussion. Seeing none, Scotty Lane, which call the vote on 26-04-04.

369
00:29:21,130 --> 00:29:25,510
Council member diverse. Vice-mariner. Yes. Mayor Miller? Yes.

370
00:29:25,510 --> 00:29:28,570
Council member Smith? Yes. Council member Dodson? Yes. Thank you.

371
00:29:29,290 --> 00:29:33,950
That concludes the work in the budget. I just wanted to again thank staff for all the work on this.

372
00:29:35,310 --> 00:29:41,630
We ended up with an operating budget, which is 2.7% lower than the budget for this current

373
00:29:41,630 --> 00:29:46,450
fiscal year. And if you take inflation into account, the difference is even greater.

374
00:29:46,930 --> 00:29:48,950
So thanks to all you for that work.

375
00:29:49,550 --> 00:29:53,890
Brays us to agenda item six public comment. And a public comment.

376
00:29:57,010 --> 00:29:59,970
Seeing none, we've reached the end of agenda. Any other comments before we...

377
00:30:00,900 --> 00:30:15,060
Injection to vice mayor. I want to just follow up on your comment. And I want to thank City Manager and his staff for making this a tight budget and still under.

378
00:30:16,440 --> 00:30:29,980
And I think you guys have done a great job and I really appreciate the hard work. And the sometimes it's very difficult to examine into departments where any kind of fluff can be removed.

379
00:30:29,980 --> 00:30:41,500
And I think you and your team have done an outstanding job in making sure that it is the right budget force, and it is right-sized.

380
00:30:43,360 --> 00:30:51,400
And it will do as well as we move forward, even with a percentage less than it was last year.

381
00:30:51,700 --> 00:30:52,000
Thank you.

382
00:30:52,100 --> 00:30:52,320
Thanks, John.

383
00:30:52,740 --> 00:30:54,960
Any other comments or objections to a German?

384
00:30:56,040 --> 00:30:57,280
Seeing none, we are adjourned.

385
00:30:57,580 --> 00:30:58,180
Thank you very much.