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Agenda 02-27-12 The City of Boynton Beach FINANCIAL ADVISORY COMMITTEE MEETING MONDAY, FEBRUARY 27,2012@ 6:00 P.M. LIBRARY CONFERENCE ROOM A AGENDA 1. Call to Order 2. Announcement of Committee Member resignation 3. Approval of February 13, 2012 Minutes (Copy attached) - Kindly review in advance of the meetinQ 4. Review Commission Agenda Item requesting the Commission to amend the Ordinance creating the Committee (Copy attached) . Select its own Chair & Vice-Chair . Update Member qualifications for consistency with the Committee Appointment Application 5. Citizen Survey discussion (Copy attached) to include possible extension beyond February 29. . 136 electronic attempts . 25 hardcopy responses will be entered next week 6. Update by Committee members regarding progress to date of their Assignment Areas (Updated list of Assignment Areas attached) Discuss due dates for Committee members to submit their individual Recommendations for full Committee review and voting prior to presentation to the City Commission. (Copy of Recommendation Form is attached) . Committee vote was taken at the March 28 meeting last year . Recommendations were submitted to the City Commission at the April 5, 2011 meeting 7. Discuss date to request Joint Workshop with City Commission. (Thur., May 12 last year) 8. Review recommended changes to Utility Meter Services fee schedule. (Copy attached) 9. Adjournment Meeting dates March to June 2012 scheduled for second and fourth Mondays of each month: . March 12 & 26 . April 9 & 23 . May 14 (28 is Memorial Day) . Jun 11 & 25 C:\Documents and Settings\pylej\Local Settings\Temporary Internet Files\OLKAB\Agenda - 02-27-12.doc CITY OF BOYNTON BEACH AGENDA ITEM REQUEST FORM COMMISSION MEETING DATE: March 6, 2012 D OPENINGS D PUBLIC HEARING D OTHER D CITY MANAGER'S REPORT D ANNOUNCEMENTS/PRESENTATIONS D UNFINISHED BUSINESS NATURE OF D D AGENDA ITEM ADMINISTRATIVE NEW BUSINESS D CONSENT AGENDA ~ LEGAL D BIDS AND PURCHASES OVER $1 00,000 D FUTURE AGENDA ITEMS CODE COMPLIANCE AND LEGAL D SETTLEMENTS REQUESTED ACTION BY CITY COMMISSION: PROPOSED ORDINANCE NO. 12-0_ - FIRST READING - Amending (a) responsibility for appointing a Chair and Vice-Chair and (b) qualifications of regular members of the Financial Advisory Committee EXPLANATION OF REQUESTS: (a) The Financial Advisory Committee unanimously voted at its February 13, 2012 meeting (Minutes attached) to ask the City Commission to consider an amendment to the current Ordinance allowing the Committee to elect its own Chair and Vice-Chair. 2-243 (e) (2) Privileges, Duties and Responsibilities. (2) The reqular members of the Financial Advisory Committee G+ty Commission shall vote to appoint a chair, who shall preside over the meetings of the Financial Advisory Committee, and also vote to appoint a vice-chair who shall serve in the absence of the chair. The Committee members noted and it was confirmed by the City Clerk that the Financial Advisory Committee is the only Committee or Advisory Board whose members could not elect its own Chair and Vice-Chair. (b) Staff liaison members to the Financial Advisory Committee further recommend an amendment to the current Ordinance to better clarify regular member qualifications. The expanded clarification is currently in place on the Committee Application (Attached). Sec. 2-243. Committee appointments and membership. (a) All members shall be residents of or own property in the city, own a business within the city or be an officer, director or manager of a business located within the city. No member of the Committee shall serve on any other city board or committee. (b) (1) At least five of the regular members on the Committee shall have one of the following qualifications: a. Certified public accountant; b. Accounting professional; c. Fin3nce profession31; Auditinq; d. Certified financial planner; e. Investment advisor; f. Insurance professional (property/casualty or health); g. Business owner/manager; h. MBA or MPA degree (with high levels of accountability / responsibilities with budget and organizational oversight). I. Bankinq J. Pension Plan Manaqement k. Financial Planninq & Manaqement (2) The remaining four members may be at large. How WILL THIS AFFECT CITY PROGRAMS OR SERVICES? The proposed amendments would, (a) In the view of the Financial Advisory Committee, help them more effectively serve the City by expeditiously electing members as Chair and Vice-Chair who are willing to serve in the respective capacities and avoiding any extended vacancies. (b) Clarify the very general term of "Finance professional" into the added categories and provide consistency with the Financial Advisory Committee Appointment Application form. FISCAL IMPACT: None ALTERNATIVES: Leave the Code as is. MINUTES OF THE FINANCIAL ADVISORY COMMITTEE HELD ON MONDAY, FEBRUARY 13, 2012 AT 6:00 P.M. AT THE BOYNTON BEACH CITY LIBRARY, ROOM (lA" 208 S. SEACREST BOULEVARD, BOYNTON BEACH, FLORIDA PRESENT Don Scantlan, Chair Dennis Dougherty George Feldman Jeffrey Fisher David Katz Terry Lonergan Barry Atwood, Finance Director Lori LaVerriere, Interim City Manager ABSENT William Shulman 1. Call to Order Chair Scantlan called the meeting to order at 6:00 p.m. The Recording Secretary called the roll. A quorum was present. Chair Scantlan added items 2B and 2C, discussion of the Commission's desire for Vice Chair, and in reference to his resignation, Mr. Feldman's assignments. Motion Ms. Lonergan moved to approve the agenda as amended. Mr. Katz seconded the motion that unanimously passed. 2. Announcement of Committee Member resignation Mr. Feldman had sent a letter of resignation to former Mayor Jose Rodriguez, which was not submitted to the Clerk's office. Board Representative Barry Atwood contacted Mr. Feldman and requested he resubmit it. 2.B. Due to Mr. Feldman's vacancy on the Board, Chair Scantlan inquired if anyone wanted to volunteer to cover his assignments. After brief discussion, Mr. Dougherty agreed to handle Item 27, Revenue Streams from Other Cities. 1 Meeting Minutes Financial Advisory Committee Boynton Beach, Fl February 13, 2012 2.C. The City Commission selected William Shulman to serve as Vice Chair. They requested Chair Scantlan take the announcement back to the Committee and advise the Committee that he was their choice because of his qualifications. The members noted the Financial Advisory Committee was the only Committee whose members could not elect its own Chair and Vice Chair. Motion Mr. Katz moved the Committee ask the City Commission to amend the Ordinance so someone can volunteer for the position of Chair and Vice Chair. Mr. Dougherty seconded the motion that unanimously passed. Ms. laVerriere agreed to place this item on the March 6th City Commission agenda. It was noted the Chair and Vice Chair only run the meetings and no special qualifications were needed for those positions. It was further noted that when the members were asked if they were interested in volunteering to serve as Vice Chair, Mr. Shulman did not volunteer. 3. Approval of January 9, 2012 Minutes The following changes were made to the January minutes: Page 5, Item 8, fourth paragraph, "She was advised Qy Mr. Majors indioated he would never close a park because there was a per capita requirement. Each community that had a park changed -it so it met specific criteria for tAem the community it served." Motion Mr. Katz moved to approve the minutes. Ms. Lonergan seconded the motion that unanimously passed. 4. Overview of the City's Economic Development Program - Nancy Byrne, Interim Director of Development Ms. Byrne distributed a handout and reviewed the Economic Development Program. Staff created the handout for the October 18, 2011 City Commission meeting, following the format the City used in the past with its Sustainability effort. A core staff team and key departments presented the program to the City Manager, Community Redevelopment Agency Director, and a Chamber representative. There was a 21 item implementation list, which was has grown to 50 items due to meetings with the County Economic Development Office, the Business Development Board, the Chamber of Commerce, and other key stakeholders. The City Commission approved the document 2 Meeting Minutes Financial Advisory Committee Boynton Beach, FL February 13, 2012 and staff began implementing the short-term goals. The first quarter update was provided in the back of the document. Ms. Byrne discussed Business Tax Receipts. The Governor wanted to repeal the Business Tax; however, the initiative failed. It was likely it would resurface again next year and if repealed, it would be a loss of revenue to the City. The Economic Analysis was being expedited. This was a comparison with other cities to determine how to offset the purpose of Business Tax. In Boynton Beach, Business Tax ensures the right uses were located in the correct zoning districts. Often there was a prescreening process before the lease was signed and the individual began operations. Each site was inspected by a Commercial/Fire Inspector so unpermitted activity could be detected. It provided a safety function. Boynton Beach was considering instituting a "Certificate of Use" in place of Business Tax. It would be a much lower fee, and whatever was paid in salaries would be recouped. From an economic development standpoint, several surrounding municipalities had a flat tax or lower fee structure. The statute requires the fees to be supported by a study, and they are only allowed to do one study. Additionally, the fee could be increased by 5% every two years. If the Business Tax remained intact, the Palm Beach County League of Cities would send a delegation to Tallahassee to request they be allowed to conduct a new study. Industries have changed over the last 20 years and many businesses coming to the City did not fall into the Standard Industrial Classification (SIC) Codes the City used. The North American Industry Classification System (NAICS) Codes are now used and staff was struggling with the structure. Staff also did not think the fee structure was equitable compared to surrounding cities. Since the study was based on now obsolete SIC Codes, another study should be undertaken. From an economic development perspective, staff would want to review it as it would likely reduce revenues. Last year, the Development Department, with the support of the Financial Advisory Committee, sought a 5% increase in Business Tax Receipts which was denied, and Ms. Byrne expressed they would be happy to request the increase again this year. The Certificate of Use was not a revenue producer and Business Tax Receipts were anticipated to proyide $1.8 million this year, which would not be received next year should the initiative pass. Business Tax was presently at 84% of its anticipated revenue and the first quarter was not yet over. There was a lot of business turnover and additional revenue was anticipated. The Development Department planned to offer incentives to help move small businesses into the City. Much of the groundwork for the basis was being done. As to 3 Meeting Minutes Financial Advisory Committee Boynton Beach, Fl February 13, 2012 closing the $4 million shortfall for 2012/2013, the Build ing Department was already at 64% of its projected revenue and it was anticipated it would close a good portion of that gap. If they stayed on track, the Department should accumulate $750,000 to $1,000,000 over their projected revenue. The Development Department was undertaking a long-range plan and setting the framework for a program. Currently, the most controversial issue affecting the commercial tax base was the moratorium and staff was conducting an exhaustive study. Not-for profit activity in the City was stopped as they detract from the tax base. The City Commission would decide at the next meeting, whether they would allow the church out of the moratorium and into the mall. The Church provided economic data about what they would supply in income from parishioners. It was noted the church was a mega church which was not the norm. Staff was researching how to put good incentives in place to keep those uses out of industrial areas. As part of an economic development program, staff would hold a stakeholders meeting regarding how to attract complementary businesses and identify competition. Ms. Byrne noted Sports Authority and Dicks Sporting Goods were side-by- side, and Wal-Mart and Target were nearly back to back. There was only so much that the market could support as they were not pulling in the extra market share. This year, staff sought to duplicate grant programs offered by the CRA since their programs were successful. Two programs in particular were often requested which were the Interior Renovation and the Fagade Grant. Staff will request a small amount of money since there was not a lot of money in the program but Ms. Byrne wanted to show its success and there was a demand for it. The goal was job creation. To-date, Planning and Zoning was at 50% of their projected revenue. A report for the bond company, using a conservative view on the permits that were active, reflected $78 million in construction occurred since 2010. The Development Department was very busy and there were a lot of rental properties coming into the City. Ms. LaVerriere suggested Ms. Byrne attend the FAC meetings once or twice per year and give an update. Mr. Fisher also expressed an interest in attending the economic development quarterly meeting that would be held. Ms. Byrne explained there was a lot of data from the County showing development was improving. 5. Citizen Survey discussion A copy of the online survey was distributed to the members and Chair Scantlan requested the members take the survey. As of last Thursday, there were 38 surveys taken; however, only 20 were completed. Ms. Lonergan explained her job regarding the survey was to contact the Homeowner and Condominium Associations. She commented there were 78 email addresses of 4 Meeting Minutes Financial Advisory Committee Boynton Beach, FL February 13, 2012 said associations of which 16 addresses did not reach the recipients. The emails attached a flyer and hard copy of the survey to provide for their residents or newsletter. She did not receive any responses through her personal email. There had been prior discussion of including the surveys at Starbucks and other locations. The survey was sent to the Sun-Sentinel, the Palm Beach Post, was on Facebook, and on all the social media. The online survey on the website was through Survey Monkey and a suggestion was made to place the survey at all City facilities. Mr. Atwood would send a copy of the flyer to all department heads. Ms. Lonergan agreed to share the invalid email addresses with Ms. LaVerriere who would forward them to the Police Department. 6. Update by Committee members regarding progress to date of their Study and Assignment Areas Ms. Lonergan recalled there was previous discussion the City Attorney would attend the meeting and give a general overview about his office, how he came about, and was paid. It was thought the Attorney was a typical department entity that was funded. Ms. LaVerriere provided the background for the City's legal department and how the use of an in-house attorney would not be beneficial to the City. Presently, the City has access to other attorneys through the currently retained law firm. Additionally, Risk Management uses various attorneys for special litigation. An inquiry was made how Risk Management obtains its attorneys, which Ms. LaVerriere agreed to research; however, after further discussion, there was agreement to remove this item. Ms. Lonergan also had items 34, 35, and 36, dealing with Pension plans for Police, Fire and General Employees respectively. She commented she has no background on pensions and requested direction on how to proceed. It was explained the task was really to compile information. It was not so much of a study as it was a comparison of benefits. Chair Scantlan viewed the matter as a Human Resource issue as part of a benefit plan. Mr. Katz explained he had met with all the Unions and was reaching out to them as he has had relationships with them for 20 years. The goal was to close the shortfall. When asked if he would be willing to take on the items, Mr. Katz responded he would be willing to continue negotiation with the Union representatives in relation to the pension, their contribution, and how it affects the general fund. Mr. Dougherty gave an update on the School House Children's Museum item. After contacting several individuals, conducting preliminary research, obtaining financial information and making contact with other local museums, he saw City funding continuing this year and weaning them from the funding. Ms. LaVerriere explained that 5 Meeting Minutes Financial Advisory Committee Boynton Beach, FL February 13, 2012 was the Museum's expectation as well. Chair Scantlan explained if all the information was obtained, Mr. Dougherty should complete the form and submit it to the Committee. Item 20A Impact of New Legislation/League of Cities was also one of Mr. Dougherty's assignments. He advised he was obtaining a lot of information as the League apprises its municipalities of pending legislation and had been on the League's website. He sought direction because he did not see any deliverables. It was explained the recommendation for this item could be to explain how new legislation would impact the City's budget and/or the recommendation could be to become more active and engage more in pending legislation. Ms. LaVerriere commented a lot of legislation coming from Tallahassee regarding municipalities was very harsh and the City could adopt a resolution or ordinance when needed. Item 2, the Capital Improvement Plan (CIP) Analysis pertained to the General Fund. Mr. Atwood explained currently there was no general fund money going into the CIP and it was clarified this task did not pertain to the Utilities Capital Improvement Plan. Mr. Dougherty was directed to Mr. Atwood, Jeff Livergood and Tony Davidson for further information. A Statement of Need for each project was needed. Mr. Fisher was assigned to Item 21, the Analysis of Residential versus Commercial Tax Base. He explained the form he received last week was based on population. He inquired how current the information was and Ms. LaVerriere agreed to update the information. Chair Scantlan explained the scope of work encompassed what could be done to close the budget gap. He would like to see a larger scope taken on the project and explained it could be defined how to improve and close the gap. Mr. Dougherty had reviewed the paperless billing that was instituted last year. He inquired if there was a way for individuals to pay through their bank account. Mr. Atwood explained there was but he noted obtaining a software vendor to handle the City's Utility billing was expensive. The second phase of the item was City staff would research the software. Mr. Atwood pointed out the City retained Penn Credit to pursue unpaid bills all the way back to 2009. In regard to Utilities, some cities charge a tampering fee for tampering with the meters Utility workers read. The Utility Department conducted a comprehensive analysis of what other cities have in place. It was suggested this item may be brought before the Committee to review. There was very brief discussion about the upcoming meeting dates scheduled for the second and fourth Mondays of the month from February 27 through to June 25th. There was agreement not to meet on May 28th due to the Memorial Day weekend. The Financial Advisory Committee planned to have all their recommendations completed by May 14th. Ms. LaVerriere suggested May 30th, 31st, or June 1 st for a joint workshop. Accordingly, there was agreement for the Financial Advisory Committee to return to 6 Meeting Minutes Financial Advisory Committee Boynton Beach, Fl February 13, 2012 meeting once a month June contingent on the City Commission requesting further information. 7. Adjournment There being no further business to discuss, Mr. Katz moved to adjourn. Ms. Lonergan seconded the motion that unanimously passed. The meeting was adjourned at 7:42 p.m. Catherine Cherry Recording Secretary 021412 7 BUDGET SURVEY - CITY OF BOYNTON BEACH 1. I agree to the terms of the Privacy Policy. Response Response Percent Count Yes 97.8% 133 No 2.9% 4 answered question 136 skipped question 0 2. I agree to the terms of the Privacy Policy. Response Response Percent Count Yes 66.7% 2 No 66.7% 2 answered question 3 skipped question 133 1 of 36 3. We will begin by collecting some general information. Please choose an answer that best describes you: Response Percent Response Count I maintain a residence AND own or operate a business in Boynton Beach. 16.9% 22 I maintain a residence in Boynton Beach BUT do not own or operate a business there. 73.8% 96 I own or operate a business in Boynton Beach BUT do not maintain a residence there. 4.6% 6 I neither maintain a residence nor own a business in Boynton Beach. 4.6% 6 answered question 130 skipped question 6 4. How many years have you maintained a residence in Boynton Beach? Response Response Percent Count Less than 5 years 0.0% 0 5 to 10 years 26.1% 6 11 to 15 years 13.0% 3 16 to 20 years 26.1% 6 More than 20 years 34.8% 8 answered question 23 skipped question 113 2 of 36 5. How many years has your business been in operation? Response Response Percent Count Less than 5 years 39.1% 9 5 to 10 years 17.4% 4 11 to 15 years 8.7% 2 16 to 20 years 13.0% 3 More than 20 years 21.7% 5 answered question 23 skipped question 113 6. How many years have you maintained a residence in Boynton Beach? Response Response Percent Count Less than 5 years 22.1% 21 5 to 10 years 25.3% 24 11 to 15 years 16.8% 16 16 to 20 years 15.8% 15 More than 20 years 20.0% 19 answered question 95 skipped question 41 3 of 36 7. How many years has your business been in operation? Response Response Percent Count Less than 5 years 16.7% 5 to 10 years 33.3% 2 11 to 15 years 0.0% 0 16 to 20 years 0.0% 0 More than 20 years 50.0% 3 answered question 6 skipped question 130 8. Please select your City District and Commissioner representing your residence or business. If you maintain a residence AND are also a business owner, check the District of your residence. Response Percent Response Count District 1 - Vice Mayor Orlove. Located generally west of 1-95 and south of Old Boynton Rd. 23.2% 22 District 2 - Commissioner Hay. Located generally east of 1-95 and north of Boynton Beach Blvd. 14.7% 14 District 3 - Commissioner Holzman. Located generally east of 1-95 and south of Boynton Beach Blvd. 29.5% 28 District 4 - Commissioner Ross. Located generally west of 1-95 and north of Old Boynton Rd. 32.6% 31 answered question 95 skipped question 41 4 of 36 9. What is your age? Response Response Percent Count 18-24 3.2% 3 25-44 32.6% 31 45-64 45.3% 43 65+ 18.9% 18 answered question 95 skipped question 41 10. What is your annual family income? Response Response Percent Count Less than $30,000 7.4% 7 $30,000-$49,999 18.9% 18 $50,000-$74,999 18.9% 18 $75,000-$99,999 20.0% 19 $100,000+ 16.8% 16 Rather not say 17.9% 17 answered question 95 skipped question 41 5 of 36 11. The following information is optional. However, by providing this information, it will assist the Financial Advisory Committee to sort and analyze responses. Response Response Percent Count Your Name: 86.5% 32 Business Name: 27.0% 10 Address: 78.4% 29 Address 2: 16.2% 6 City/Town: 83.8% 31 State: 89.2% 33 ZIP: 94.6% 35 answered question 37 skipped question 99 6 of 36 12. How important were the following factors in influencing you either as a resident or busine~ owner to move to or remain in Boynton Beach? Extremely Very Important Moderately Un important Rating Respc important important important Average COl City amenities (e.g., parks, 21.8% 23.0% beach, recreation programs, 28.7% 21.8%(19) 4.6% (4) 3.36 library) (19) (20) (25) 23.5% 45.9% 20.0% City services 8.2% (7) 2.4% (2) 3.80 (20) (39) (17) 19.8% 36.0% Cultural factors 3.5% (3) 22.1% (19) 18.6% (16) 2.67 (17) (31 ) 31.8% 23.5% 18.8% Employment 12.9%(11) 12.9%(11) 3.48 (27) (20) (16) 18.8% 35.3% 32.9% Housing choices 4.7% (4) 8.2% (7) 3.52 (16) (30) (28) 26.4% 40.2% 24.1% Location 5.7% (5) 3.4% (3) 3.80 (23) (35) (21 ) 55.2% 24.1% 16.1% Public safety 3.4% (3) 1.1% (1) 4.29 (48) (21 ) (14) 22.4% 18.8% 17.6% Schools 12.9%(11) 28.2% (24) 2.94 (19) (16) (15) Other: answered question skipped question 7 of 36 13. To eliminate the General Fund deficit of $3 M and balance the budget for next year, are you in favor of: Response Percent Response Count Eliminating or cutting services 36.6% 30 Raising property taxes and other fees 19.5% 16 Combination of eliminating services and raising property taxes and other fees 43.9% 36 answered question 82 skipped question 54 8 of 36 14. To maintain the current property tax rate and other fees, which General Fund services would you eliminate or cut? (Indicate all that you would recommend) Police - Reduce Police coverage Response Response Percent Count 22.5% 16 40.8% 29 59.2% 42 59.2% 42 47.9% 34 8.5% 6 Fire - Close a fire station Recreation - Close one or more recreation centers Parks - Close one or more parks Library - Reduce Library hours Public Works - Eliminate street lighting Public Works - Eliminate median landscaping 53.5% 38 Public Works - Eliminate street maintenance 12.7% 9 Other: 26 answered question 71 skipped question 65 15. Relating to Police coverage/response time, would you rather: Increase property taxes, or Response Response Percent Count 54.9% 45 45.1% 37 answered question 82 skipped question 54 Reduce coverage and see a possible decrease in response time 9 of 36 16. The City's Fire Rescue Assessment is a non ad valorem fee (i.e., not based on property value). Are you in favor of an increase in the Fire Assessment to enable Fire Rescue to maintain its current quality levels of emergency response times and level of service? Response Response Percent Count Yes 42.7% 35 No 57.3% 47 answered question 82 skipped question 54 17. How much do you agree or disagree that the following taxes and/or user fees should be raised to the extent to which the City is able in order to maintain the City's high level of services? (Franchise fees are fees that the City charges utility companies for the use of City streets and right-of-ways. The utility company (electric, telephone, cable, and water) is allowed to pass the cost on to the customer.) Neither Strong Iy Agree Agree nor Disagree Strong Iy Response Agree Disagree Count Disagree Franchise Fees 25.6% (21) 36.6% (30) 17.1% (14) 13.4%(11) 7.3% (6) 82 Business Tax Receipt (Formerly 18.5% (15) 43.2% (35) 13.6%(11) 13.6%(11) 11.1%(9) 81 known as Occupational License) Fines (e.g., Code Compliance 39.5% (32) 44.4% (36) 8.6% (7) 6.2% (5) 1.2% (1) 81 violations) Rentals (i.e., of City facilities by 33.3% (26) 44.9% (35) 10.3% (8) 5.1% (4) 6.4% (5) 78 the public) User Fees (e.g., beach,boat 30.4% (24) 35.4% (28) 12.7% (10) 11.4%(9) 10.1% (8) 79 dock decals; Tennis Center) answered question 82 skipped question 54 10 of 36 18. Would you agree to annual increases of the revenues in the previous question if they were limited to cost of living increases for the South Florida region as published by the federal government? Response Response Percent Count Yes 65.9% 54 No 34.1% 28 answered question 82 skipped question 54 19. What specific suggestions would you have to close the City's projected $3 million General Fund budget gap for next fiscal year? Response Count 51 answered question 51 skipped question 85 20. Do you support the City continuing to provide annual financial support of approximately $200,000 annually to The Schoolhouse Children's Museum & Learning Center? Response Response Percent Count Yes 37.8% 31 No 62.2% 51 answered question 82 skipped question 54 11 of 36 21. If the City is unsuccessful in attracting a developer to renovate, occupy and maintain the Old High School, do you support the City borrowing funds to renovate the building? If so, this could result in a property tax rate increase from the current rate of 7.1941 to a range of 7.3500 to 7.5000 (resulting in an annual tax increase on a home with a $100,000 taxable value of approximately $15 to $30 annually) in order to repay the borrowed funds. Response Response Percent Count Yes 20.7% 17 No 79.3% 65 answered question 82 skipped question 54 12 of 36 Recommendation from Boynton Beach financial Advisory Committee Subject/Topic: Reviewed By: Recommendation (Specific Action Recommended): Pros of Recommendation: Cons of Recommendation: References (Staff, Documents, and Public): Impact on 2011/12 Budget: Impact on Out Year Budgets: Impact on Citizens: Impact on City Staff: Committee Vote Result: For: _ Against: _ CITY OF BOYNTON BEACH Financial Advisory Committee - Issues for Study and Assignment Areas Item # Issue Department Contact Area Initial Res onsible Assignment By FAC As of 2/13/12 20 D Ernployee Car Allowances & Take Horne Cars City Manager Finance David Katz 20 E Ernployee Cell Phone Allowances & City Cell Phone Costs City Manager Finance David Katz 36A All Pension Plans - Ernployee Contribution Finance Finance David Katz 34 Police Pension Plan - InterCity Cornparison of Benefits Finance Union Reps David Katz 35 Fire Pension Plan - InterCity Cornparison of Benefits Finance Union Reps David Katz 36 General Pension Plan - InterCity Cornparison of Benefits Finance Union Reps David Katz 2 Capitallrnprovernent Plan !CIP) Analysis Finance Public Works / Utilities Dennis Douahertv 19 School House Museurn (Cost/Benefit) City Manager Library Dennis Dougherty 20A Irnpact of New Legislation / League of Cities City Manager Assistant City Manager Dennis Dougherty 23 Business Fees/Assessrnents - Cornparison to Other Cities Finance Developrnent-Business Tax Dennis Dougherty 24 Ad Valorern Tax - Historical "Roll Back" Analysus Finance Finance Dennis Douahertv 31 Public Safety Cornrnunications Hub City Manager Police Dennis Dougherty 1 City Services Survey City Manaaer City Manaaer Don Scantlan 5 Franchise Solid Waste Services City Manaaer Public Works Don Scantlan 6 Make/Buy Other City Services City Manager TBD Don Scantlan 14 County/City Services Redundancies City Manaaer TBD Don Scantlan 17 Paperless Billina Finance Utilities Don Scantlan 21 Analysis of Residential vs. Cornrnercial Tax Base Finance Finance - County Property Appraiser Jeff Fisher 27 Revenue Strearns Generated by Other Cities City Manaaer Finance Jeff Fisher 28 Local Sales Tax City Manaaer Finance Jeff Fisher 29 Fee for Services With Other Cities City Manager Finance Jeff Fisher 34 Police Pension Plan - InterCity Cornparison of Benefits Finance Hurnan Resources Terry Lonergan 35 Fire Pension Plan - InterCity Cornparison of Benefits Finance Hurnan Resources Terry Lonergan 36 General Pension Plan - InterCity Cornparison of Benefits Finance Hurnan Resources Terry Lonergan 8 City Park Usage Analysis City Manager Recreation Terry Lonergan 16 Municipal Election Costs City Manager City Clerk Terry Lonergan 10 Property / Casualty Insurance Costs City Manager Risk Managernent 11 Public Works Services City Manager Public Works 12 Utilities Services & SalelTransfer to County City Manager Utilities 13 Developrnent Services City Manager Developrnent 15 Close/Consolidate City Facilities City Manager Public Works / Utilities 20 C Debt & Debt Service FAC Code Finance 22 Business License Tax - Cornpetitive Analysis Finance Developrnent-Business Tax 30 Public Safety Fund (Proforrna) Revenues vs. Exp. 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