R24-222 1 RESOLUTION R24-222
2
3 A RESOLUTION OF THE CITY OF BOYNTON BEACH, FLORIDA,
4 ADOPTING A FINAL BUDGET FOR THE FISCAL YEAR
5 BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30,
6 2025; PROVIDING FOR SEVERABILITY, CONFLICTS, AND AN
7 EFFECTIVE DATE.
8
9 WHEREAS, in accordance with Florida Statutes, a final budget has been prepared by
10 the City Manager estimating expenditures, transfers, and revenues of the City of Boynton
11 Beach for the ensuing year, with detailed information, including revenues to be derived from
12 sources other than the ad valorem tax levy, and he has made recommendations as to the
13 amount necessary to be appropriated for the ensuing year; and
14 WHEREAS, in accordance with section 200.065, Florida Statutes, the City Commission
15 of the City of Boynton Beach has conducted a public hearing on the City's final budget and
16 the millage rate for the 2024-2025 fiscal year.
17 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF
18 BOYNTON BEACH, FLORIDA:
19 Section 1. The foregoing "Whereas" clauses are hereby ratified and confirmed as
20 being true and correct and are hereby made a specific part of this Resolution upon adoption
21 hereof.
22 Section 2. The final budget of the City of Boynton Beach, Florida, for the fiscal
23 year beginning October 1, 2024, and ending September 30, 2025, a copy of which is attached
24 hereto as Exhibit A, is hereby adopted, and the appropriations set out therein are hereby
25 made to maintain and carry on the government of the City of Boynton Beach, Florida.
26 Section 3. There is hereby appropriated the sum of $130,318,620 to the General
27 Fund for the payment of operating expenditures, transfers to other funds, and necessary
28 capital outlays for the City Government pursuant to the terms of the above budget.
29 Section 4. That there is hereby appropriated the sum of$9,711,402 to the Traffic
30 Safety Special Revenue Fund for the payment of operating expenditures, transfers to other
31 funds, and necessary capital outlays.
32 Section 5. That there is hereby appropriated the sum of $1,150,646 to the Local
33 Option Gas Tax Special Revenue Fund for the payment of operating expenditures,transfers
1
34 to other funds, and necessary capital outlays.
35 Section 6. That there is hereby appropriated the sum of $270,361 to the
36 Community Improvements Special Revenue Fund for the payment of operating
37 expenditures, transfers to other funds, and necessary capital outlays.
38 Section 7. That there is hereby appropriated the sum of $100,035 to the Green
39 Building Fund for the payment of operating expenditures, transfers to other funds, and
40 necessary capital outlays
41 Section 8. That there is hereby appropriated the sum of $4,668,328 to the
42 Building Special Revenue Fund for the payment of operating expenditures, transfers to
43 other funds, and necessary capital outlays.
44 Section 9. That there is hereby appropriated the sum of $472,529 to the Public
45 Arts Special Revenue Fund for the payment of operating expenditures, transfers to other
46 funds, and necessary capital outlays.
47 Section 10. That there is hereby appropriated the sum of $411,377 to the
48 Recreation Program Special Revenue Fund for the payment of operating expenditures,
49 transfers to other funds, and necessary capital outlays.
so Section 11. That there is hereby appropriated the sum of$12,036,834 to the Public
51 Service Tax Debt Service Fund for the purpose of payment of operating expenditures,
52 transfers to other funds, and the principal and interest due on the public service tax bonds
53 of the City not subject to statutory exemptions and for redeeming such bonds as they mature.
54 Section 12. That there is hereby appropriated the sum of $17,730,630 to the
55 General Capital Improvement Capital Projects Fund for the payment of transfers to other
56 funds and capital outlays pursuant to the terms of the above budget.
57 Section 13. That there is hereby appropriated the sum of $3,711,343 to the Local
58 Government Surtax Capital Projects Fund for the payment of transfers to other funds and
59 capital outlays pursuant to the terms of the above budget.
60 Section 14. That there is hereby appropriated the sum of $1,280,087 to the Parks
61 & Recreation Facilities Trust Fund for the payment of transfers to other funds and capital
62 outlays pursuant to the terms of the above budget.
63 Section 15. That there is hereby appropriated the sum of$62,701,624 to the Water
64 and Sewer Utility Enterprise Fund for operating expenditures, debt service, transfers to
65 other funds, and necessary capital outlay.
66 Section 16. That there is hereby appropriated the sum of$39,921,500 to the Water
67 and Sewer Utility Capital Improvement Enterprise Fund for the payment of capital outlays
68 pursuant to the terms of the above budget.
69 Section 17. That there is hereby appropriated the sum of $3,813,150 to the Golf
70 Course Enterprise Fund for operating expenditures, transfer to other funds, and necessary
71 capital outlays.
72 Section 18. That there is hereby appropriated the sum of $200,186 to the Golf
73 Course CIP Fund for the payment of capital outlays pursuant to the terms of the above
74 budget.
75 Section 19. That there is hereby appropriated the sum of $15,863,206 to the Solid
76 Waste Enterprise Fund for the payment of operating expenditures, transfers to other funds,
77 and necessary capital outlays.
78 Section 20. That there is hereby appropriated the sum of $13,504,684 to the Fleet
79 Maintenance Internal Service Fund for the payment of operating expenditures, transfers to
80 other funds, and necessary capital outlays.
81 Section 21. That there is hereby appropriated the sum of $572,062 to the
82 Materials&Distribution Internal Service Fund for the payment of operating expenditures,
83 transfers to other funds and necessary capital outlays.
84 Section 22. That there is hereby appropriated the sum of $6,679,599 to the Self-
85 Insurance Internal Service Fund for the payment of operating expenditures, transfers to
86 other funds, and necessary capital outlays.
87 Section 23. That there is hereby appropriated the sum of $1,969,003 to the
88 Benefits Fund for the payment of operating expenditures, transfers to other funds, and
89 necessary capital outlays.
90 Section 24. That there is hereby appropriated the sum of $517,644 the Cemetery
91 Special Revenue Fund for the payment of operating expenditures, transfers to other funds,
92 and necessary capital outlays.
93 Section 25. That there is hereby appropriated the sum of $200,000 the Police
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94 Impact Trust Fund for the payment of operating expenditures, transfers to other funds, and
95 necessary capital outlays.
96 Section 26. All delinquent taxes collected during the ensuing fiscal year as
97 proceeds from levies of operation millage of prior years are hereby specifically appropriated
98 for the use of the General Fund.
99 Section 27. For all funds, appropriations for the 2023-2024 fiscal year, which are
100 encumbered but unexpended as of the last day of the fiscal year, shall be re-appropriated for
101 the same purpose for the 2024-2025 fiscal year.
102 Section 28. If any clause, section, or other part of this Resolution shall be held by
103 any court of competent jurisdiction to be unconstitutional or invalid, such unconstitutional
104 or invalid part shall be considered as eliminated and shall in no way affect the validity of the
105 remaining portions of this Resolution.
106 Section 29. All Resolutions or parts of Resolutions in conflict herewith are hereby
107 repealed to the extent of such conflict.
108 Section 30. This Resolution shall become effective immediately upon passage, but
109 the budget adopted hereby shall take effect as of October 1, 2024.
110
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111 PASSED AND ADOPTED this o23 day of &(34enelbe,,P" 2024.
112 CITY OF BOYNTON BEACH, FLORIDA
113 YES NO
114
115 Mayor—Ty Penserga
116 4/
117 Vice Mayor—Aimee Kelley
118
119 Commissioner—Angela Cruz
120
121 Commissioner—Woodrow L. Hay
122
123 Commissioner—Thomas Turkin
124
125 VOTE
126 ATTES •
127
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129 I_ /ice
130 Maylee leJ=bus, MPA, C Ty 'ens= • . ? 1+024
131 City Clef-, Mayr
132
133 =OF BOY//).`‘‘� APPROVED AS TO FORM:
134 (Corporate Seal)
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137 % 1 g24T&' Shawna Lamb
138 '�� ,�••..•••�.••• City Attorney
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Proposed Tax Levy vs Rollback Rate
Proposed Roll Back
Tax Rate @ 7/11 Tax Rate @ 6/28
7.8000 7.4229
Tax Rate Increase (over Rollback Rate) 0.377
Current Year Gross Assessed Value per PA $ 9,872,381,290 $ 9,872,381,290
Gross Taxes Increase (over Rollback Rate) 5.08%
Variance
Taxes on Property Values $ 77,004,574 $ 73,281,699 $ (3,722,875)
Less CRA TIF & Discounts (18,197,345). $ (17,315,156) $ 882,189
Net Property Taxes $ 58,807,229 55,966,543 '$ (2,840,686)
Other Revenues $ 52,741,130 $ 52,741,130
Total Revenues $ 111,548,359 $ 108,707,673
Transfers From Other Funds $ 18,770,261 $ 18,770,261
Total Revenues & Transfers $ 130,318,620 $ 127,477,934
Appropriation of(Increase to) Fund Balance $ - $ -
Total Expenditures $ 130,318,620 $ 130,318,620
Budget (Deficit) Surplus $ - $ (2,840,686)
cxII Funds - Funding Sources = $327 . 8M
All Other-$29.2M,(8.9%) Water& Sewer Utility Fees- $62.7M, (19.1%)
GF Franchise Taxes-$5.8M,(1.8%)
GF Licenses&Permits-$2.0M,(0.6%) Property Taxes (Net) -$59.1M, (18%)
GF Special Assessment(Fire)-$8.5M,(2.6%) Capital Sources (Reserves, Bond, etc.) - $62.5M, (19.1%)
Water&Sewer Utility Fees-
GF Charges for Services-$15.8M,(4.8%) $62.7M,(19.1%) Internal Services - $22.6M, (6.9%)
GF Fund Transfers- $18.7M, (5.7%)
OF Intergovernmental-$13.1M,(4.0%)
•Solid Waste Fees - $15.8M, (4.8%)
Public Service Taxes-$12.OM,(3.7% Public Service Taxes-$12.OM, (3.7%)
\\\//1
GF Intergovernmental -$13.1M, (4.0%)
Solid Waste Fees-$15.8M,(4.8%)
GF Charges for Services- $15.8M, (4.8%)
GF Fund Transfers-$18.7M,(5.7%) GF Special Assessment (Fire) - $8.5M, (2.6%)
Capital Sources ■ GF Licenses & Permits - $2.0M, (0.6%)
(Reserves,Bond,...
Internal Services-$22.6M,(6.9%) ! GF Franchise Taxes - $5.8M, (1.8%)
All Other- $29.2M, (8.9%)
All Funds — Expenditures = $327 . 8M
Golf Course-$3.8M,(1.2%)
Self Insurance-$8.6M,(2.6%) All Other-$18.3M,(5.6%)
General-$130.3M, (39.7%)
Fleet-$13.5M,(4.1%)
Utility-$62.7M, (19.1%)
Debt Service-$12.OM,(3.7%)
®Capital (General & Utility)-$62.8M , (19.2%)
Solid Waste-$15.8M,(4.8%)
■ Solid Waste-$15.8M , (4.8%)
■ Debt Service-$12.0M, (3.7%)
apital(General St Utility)- • Fleet-$13.5M, (4.1%)
$62.8M,(19.2/0)
Self Insurance-$8.6M, (2.6%)
Utility-$62.7M,(1 Golf Course-$3.8M, (1.2%)
All Other-$18.3M, (5.6%)
ALL FUNDS APPROPRIATION SUMMARY
2023-24 2024-25 FY24-25 Proposed Variance
AMENDED TENTATIVE %of vs FY23-24 Amd of Inc. (Dec.)
BUDGET BUDGET All Funds $$$ as a%
GENERAL FUND
TOTAL GENERAL FUND $118,976,402 $130,318,620 39.8% $11,342,218 9.5%
ENTERPRISE FUNDS
WATER&SEWER FUND 60,380,704 62,701,624 19.1% 2,320,920 3.8%
SOLID WASTE 15,286,355 15,863,206 4.8% 576,851 3.8%
GOLF COURSE 2,822,343 3,813,150 1.2% 990,807 35.1%
TOTAL ENTERPRISE FUNDS 78,489,402 82,377,980
INTERNAL SERVICE FUNDS
FLEET MAINTENANCE 18,844,975 13,504,684 4.1% (5,340,291) -28.3%
MATERIALS& DISTRIBUTION(Warehouse) 565,273 572,062 0.2% 6,789 1.2%
SELF INSURANCE 8,140,237 6,679,599 2.0% (1,460,638) -17.9%
BENEFITS FUND - 1,969,003 0.6% 1,969,003 0.0%
TOTAL INTERNAL SERVICE FUNDS 27,550,485 7 22,725,348
SPECIAL REVENUE FUNDS
TRAFFIC SAFETY 3,333,092 9,711,402 3.0% 6,378,310 191.4%
LOCAL OPTION GAS TAX 1,300,965 1,150,646 0.4% (150,319) -11.6%
BUILDING FUND 3,997,912 4,668,328 1.4% 670,416 16.8%
GREEN BUILDING FUND 102,000 100,035 0.0% (1,965) -1.9%
POLICE IMPACT TRUST FUND - 200,000 0.1% 200,000 0.0%
PUBLIC ARTS 589,478 472,529 0.1% (116,949) -19.8%
COMMUNITY IMPROVEMENTS 259,978 270,361 0.1% 10,383 4.0%
RECREATION PROGRAM REVENUE 600,264 411,377 0.1% (188,887) -31.5%
CEMETERY 579,895 517,644 0.2% (62,251) -10.7%
TOTAL SPECIAL REVENUE FUNDS 10,763,584 17,502,322
CAPITAL IMPROVEMENT PROJECTS
PARKS E. RECREATION TRUST 175,260 1,280,087 0.4% 1,104,827 630.4%
GOLF FUND CIP 387,868 200,186 0.1% (187,682) 0.0%
GENERAL GOVERNMENT CIP 9,565,065 17,730,630 5.4% 8,165,565 85.4%
GENERAL GOVERNMENT- SURTAX 9,917,157 3,711,343 1.1% (6,205,814) -62.6%
UTILITY 56,945,528 39,921,500 12.2% (17,024,028) -29.9%
TOTAL CAPITAL IMPROVEMENT PROJECTS 76,990,878 62,843,746
DEBT SERVICE FUNDS
TOTAL DEBT SERVICE FUNDS 12,042,390 12,036,834 3.7% (5,556) 0.0%
TOTAL PROPOSED FOR ALL FUNDS $ 324,813,141 $ 327,804,850 7 100.0% $2,991,709 0.9%