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Minutes 09-04-03PlZNUTES OF THE SPECZAL CZTY COPlI~IZSSZON t4EL:TZNG HELD ZN COt41~tZSSZON CHAF4BERS~ cTrY HALL~ BOYNTON BEACH~ FLORZDA~ ON THURSDAY, SEPTEMBER 4, 2003 AT 6:00 P.l~t. Present Gerald Broening, Mayor Mike Ferguson, Vice Mayor Mack McCray, Commissioner Carl McKoy, Commissioner Ron Weiland, Commissioner Kurt Bressner, City Manager .lames Cherof, City Attorney Janet Prainito, City Clerk Mayor Broening announced that the purpose of this meeting was to have the first budget hearing for the fiscal year 2003/04. He explained that during this meeting the Commission would adopt the proposed millage rate for the fiscal year 2003/04, adopt the tentative budget for the same fiscal year and have the first reading of the ordinance regarding the budget for the fiscal year 2003/04. Discussion can be combined but there would be separate motions. City Attorney Cherof noted that this is the first substantive step in the adoption of the budget pursuant to Florida Statute. The Statute provides that the general public is allowed to speak and to ask questions prior to the adoption of any measure by the Commission. The two measures are the adoption of the millage rate and the budget. The first item is the proposed percentage increase in millage over the rolled-back rate. At the conclusion of the discussions, the first item that will be adopted by the Commission will be the resolution adopting the millage rate, followed by the resolution adopting the tentative budget. First Budget Public Hearing for Fiscal Year 2003/04 Budget Mayor Broening asked if anyone from the audience wished to speak. Lois Laner~ Dos Lagos~ questioned why the City is proposing a 30% increase in her condominium. Commissioner Weiland said that this would be due to an increase in the valuation of her home. Mayor Broening explained that Ms. Laner would need to address this issue with the Palm Beach County Tax Assessor. Ms. Laner said that the fire assessment was supposed to be a one-time item and now it appears on her tax bill again. Mayor Broening explained that the fire assessment was for seven years. This matter will be heard at a public hearing on September llt~. City Manager Bressner asked Ms. Laner whether she had the $25,000 homestead exemption. She said she did not. He then explained to her that if someone owned property for more than one year and they had the homestead exemption, they were eligible for the Save Our Homes constitutional amendment. This amendment limits the increased assessed value of property to 3% or to the cost of living, whichever is lower. If she did not have homestead on her property, she was subject to market conditions. Meeting Minutes Special City Commission Meeting Bovn~on B.~=ch, Florida ~eotember 4, 2003 Claire Verola, Dos Lagos, questioned what the limit was on the increase if someone is not a permanent resident in this state. City Manager Bressner said there was no limit. He explained that it is not a decision that the City makes. The County Assessor's Office evaluates the value of property in Palm Beach County. It is based on comparable sales in the area and market conditions. Ms. Verola said that she had a homestead exemption on her property, She was inquiring regarding the increase for family members who do not have the homestead exemption. 2. Proposed Resolution No. R03-157 Re: Adopting the Proposed Millage Rate for Fiscal Year Millage Rate for Fiscal Year 2003/04 Mayor Broening said that because of refinancing some existing bonds and other debt, City staff has come up with approximately $450,000 in a very tight budget year. The question is whether to increase the budget this year, reduce the millage or put the money back in reserves. Commissioner McCray asked what the current millage rate was. City Manager Bressner answered that the base millage rate is 7.6 and the total rate is 7.998 including the debt service. City Manager Bressner said that after the Commission takes any additional public comments, it will be necessary to make a policy decision as to which rate the Commission chooses, the 7.5 or 7.6 base rate. Commissioner McCray asked whether the City could live within the means of a millage rate of 7.5. City Manager Bressner said that it could. Vice Mayor Ferguson felt that the tax millage should be reduced because of the proposed fire assessment and the increase in valuations. M~tion Vice Mayor Ferguson moved to reduce the tax millage rate to a base of 7.5 mills. Weiland seconded the motion. Commissioner Commissioner Weiland asked whether the money the City borrowed from the reserve last year to balance the budget had to be paid back at some point. Diane Reese, Finance Director, answered no. She explained that $3.8M of the fund balance was applied last year. There will be approximately $:L4M of that remaining that will not be spent. Therefore, that portion will go back into the fund balance. Vote The motion carried unanimously. 2 Meeting Minutes Special City Commission Meeting Bo¥,iL~n -~-~k....... Florida ~;eDtember 4, 2003 City Manager Bressner said that just as a point of information, he calculated that on his own property taxes, he would save $:L2 based on going from the 7.6 to the 7.5 rate. City Attorney Cherof read Proposed Resolution No. R03-157 by title only. He announced that the proposed millage rate is 7.34% above the computed rolled-back rate. The second Public Hearing will be on September 16t~ at 6:00 p.m. in Commission Chambers. Motion Vice Mayor Ferguson moved to approve Proposed Resolution No. R03-:L57. Commissioner McCray seconded the motion that carried unanimously. 3. Proposed Resolution No. R03-158 Re: Adopting the Tentative Budget for Fiscal Year 2003/04 Mayor Broening asked for any comments from the Commission. Commissioner McCray wanted to make sure that the $5,000 for the Track Team was in the budget. City Manager Bressner said that it was. The Track Team will be eligible for up to $5,000 based on them providing the necessary receipts. Mayor Broening asked if anyone from the audience wished to comment or ask questions. one wished to speak. No Mgtion Vice Mayor Ferguson moved to approve the tentative budget. Commission McCray seconded the motion that carried unanimously. City Attorney Cherof read Proposed Resolution No. R03-158 by title only. M~tion Commissioner McCray moved to approve Proposed Resolution No. R03-:[58. Vice Mayor Ferguson seconded the motion that carried unanimously. 4. First Reading of Proposed Ordinance No. 03-051 Re: Adopting the Final Budget for Fiscal Year 2003/04 City Attorney Cherof read Proposed Ordinance No. 03-051 by title only. Mayor Broening asked whether anyone from the audience wished question. No one wished to speak. to comment or ask a Motion Vice Mayor Ferguson moved to approve Proposed Ordinance No. McCray seconded the motion. City Clerk Prainito called the roll unanimously. 03-051. Commissioner and the motion carried 3 Meeting Minutes Special City Commission Meeting There being no further business, the meeting properly adjourned at 6:15 p,m. -.l~yor . / Vice Mayo[ [ ~i~ Clerk Commi~~-. Depu~ Ci~ Clerk Commissioner (9/5/03) 4