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Agenda 02-25-13 The City ofBomton Beach FINANCIAL ADVISORY COMMITTEE MISSION STATEMENT THE FINANCIAL ADVISORY COMMITTEE'S GENERAL RESPONSIBILITY IS REVIEWING THE IMPACT OF EXISTING OR PROPOSED LEGISLATIVE AND ADMINISTRATIVE DECISIONS ON THE CITY'S BUDGET, REVENUE SOURCES, AND OPERATIONAL EXPENDITURES. THE COMMITTEE IS RESPONSIBLE TO MAKE RECOMMENDATIONS THAT MAY FAVORABLY IMPACT THE CITY'S BUDGET AND OVERALL FINANCIAL CONDITION OF THE CITY. MEETING OF MONDAY, FEBRUARY 25, 2013 @ 6:00 - 8:00 P.M. LIBRARY CONFERENCE ROOM A THE COMMITTEE MAY ONLY CONDUCT PUBLIC BUSINESS AFTER A QUORUM HAS BEEN ESTABLISHED. IF NO QUORUM IS ESTABLISHED WITHIN TWENTY (20) MINUTES OF THE NOTICED START TIME OF THE MEETING, THE CITY CLERK OR DESIGNEE WILL SO NOTE THE FAILURE TO ESTABLISH A QUORUM AND THE MEETING SHALL BE CONCLUDED. COMMITTEE MEMBERS MAY NOT PARTICIPATE FURTHER EVEN WHEN PURPORTEDLY ACTING IN AN INFORMAL CAPACITY. AGENDA 1. Call to Order- Don Scantlan, Committee Chair • Should any members not be able to make the meeting; contact Tim Howard (HowardTp bbfl.us) or (561) 742 -6311 by 3 pm Monday as the meeting may be cancelled for lack of a quorum. 2. Resignation of Terry Lonergan 3. Introduction of new member Fakhry Edward Boulos • Tim will bring updated list of members 4. Approval of December 10, 2012 Minutes (Copy attached) - Kindly review in advance of meeting 5. Discussion about Vice Chair • See attached Ordinance No. 12 -005 6. Review and Discuss Committee Member Study Topics and Potential Assignments for FY 2013 -2014 • See attached listing from 12/10/12 meeting • Discussion of reassigning number 8 (On -Site Health Clinic) and 12 (Development Fees - Comparison to Other Cities) 7. Discussion of City Services Survey • City has not started budget process for FY13/14 as of today, normally first part of March, no preliminary information yet. • Tim will bring copy of survey to meeting for review 8. Other Business 9. Adjournment Currently scheduled future meeting dates - Targeted for 2 nd and 4 Monday of each month: • Monday, March 11 - 6:00 PM • Monday, March 25 - 6:00 PM C: \Documents and Settings \cherryc \Local Settings \Temporary Internet Files \OLKC \Agenda - 02 -25 -13 (2).doc MINUTES OF THE FINANCIAL ADVISORY COMMITTEE MEETING HELD ON MONDAY, DECEMBER 10, 2012, @ 6.00 P.., IN THE BOYNTON BEACH CITY LIBRARY, ROOM "A", 208 S. SEACREST BLVD., BOYNTON BEACH, FLORIDA PRESENT. Don Scantlan, Chair Tim Howard, Finance Director Jeffrey Grady Steven Grant Terry Lonergan John Sparrell 1. Call to Order — Don Scantlan, Committee Chair • Should any members not be able to make the meeting; contact Tim Howard ( HowardT@bbfl.us ) or (561) 742 -6311 by 3 pm Monday as the meeting may be cancelled for lack of a quorum. Donald Scantlan, Chair, called the meeting to order at 6:00 p.m. Roll was called and five members were present. 2. Approval of November 5, 2012 Minutes Chair Scantlan advised he had changes to the minutes. On page 1, paragraph 2, last sentence states "the meeting was to kick off a new year". He wished to add new budget year. Also on page 2, fifth paragraph it reads "Mr. Sparrell remarked the City does not run on property taxes ". Chair wished to add alone at the end of the sentence. Minutes Ms. Lonergan moved to approve the minutes as amended. Mr. Grant seconded the motion that unanimously passed. 3. Approval of Agenda Chair Scantlan wished to add he would be making an announcement and wanted the meeting to be held in context to what will be announced. Ms. Lonergan moved to approve the agenda as amended. Mr. Grant seconded the motion. The motion passed unanimously. 4. Announcement Chair Scantlan announced that he applied for the vacant City Commissioner seat. He wanted the Committee members to know in case any member would think his decisions would be shaped in any way. There would be a special Commission meeting called to Meeting Minutes Financial Advisory Committee Boynton Beach, FL December 10, 2012 declare the vacant Commission seat. According to the City Charter, the Commission had two meetings to fill a vacancy or call a special election. Chair Scantlan further advised if he was appointed to the Commission, he could not serve on the Committee. He suggested thought should be given to a Vice Chair and would find out if that was a position appointed by the Commission. 5. Discuss Commission Direction from November 7, 2012 Commission Meeting Chair Scantlan explained how the budget recommendations were handled in the past. This year the Commission had asked that the Committee specifically look at four of the items. The four items are: - Make or Buy Other City Services — Item 5 - Property /Casualty Insurance Costs — Item 7 - Pension Plans and Intercity Comparison of Benefits — Item 9 - Development Fees and Comparison to Other Cities — Item 12 Due to the possible appointment, Chair Scantlan would not select a topic to research at this time. 6. Review and Discuss Committee Member Study Topics and Potential Assignments for FY 2013 -2014 Mr. Grant offered to complete item 12, Development Fees and Comparison to Other Cities. Mr. Grady offered to undertake Item 5, Make or Buy Other City Services. Chair Scantlan provided a brief history of the items to the new members. He mentioned one of the big issues was whether to contract out Solid Waste collection. After a brief discussion, Ms. Lonergan took Item 12 and Mr. Grant selected Item 9, Pension Plans and Intercity Comparison to Benefits. Chair Scantlan commented that three or four of the major union contracts with the City were in negotiation. He suggested Mr. Grant contact the City Manager, Lori LaVerriere, as she may have comparative information on this topic. Mr. Sparrell would perform the comparison study on Item 7, Property /Casualty Insurance Costs by contacting other cities and researching information on his own. Chair Scantlan inquired if there were any other topics a member was interested in pursuing. Ms. Lonergan suggested the idea of the onsite health clinic. Mr. Grant stated he was at the Commission meeting that discussed the cost study that was done. It would help reduce costs because instead of the employees going to their own doctors and losing work time, the clinic would be available without down time. There would be an impact on the City's health insurance rates and time off. Mr. Howard commented that part of the dynamics of health insurance premiums are the total amount of claims that an entity has each year, which was a predictor and used to 2 Meeting Minutes Financial Advisory Committee Boynton Beach, FL December 10, 2012 set the premiums for the following year. The City was running between 97% and 99% of the premium costs going to claims. The employee pays their co -pay and the plan pays the difference between the doctor's visit, plus part of the prescription cost. Studies had shown that an on -site clinic decreases the time an employee was away from their job and eliminates the doctor visit claim. It would not cost the employees anything. There would be limited distribution of certain types of medications, alleviating payments to the pharmacy. A company with a doctor, nurse, physician assistant could be contracted to man the clinic, which are all governed by the HEPA rules. The employees would go there for incidental things. In addition, incidentals do not get reported in the claims stream so the costs are less. Eventually, there would be availability for the spouse and children to use the clinic. Family coverage currently was very expensive. Preliminary numbers and data from Delray Beach that had a clinic were gathered. Ms. Lonergan wanted clarification on what the City was looking for as far as research from the Committee. Chair Scantlan advised to use it as another data point. Research that had been started could be reviewed and pulled together and also look at other sources not yet researched. Mr. Howard added that research could also be done by contacting other cities that had not been contacted to inquire as to their experience, as well as in other counties, the State of Florida and nationally. Ms. Lonergan advised she would undertake this topic. In addition, Mr. Grady would take #4, City Services other than Solid Waste and Mr. Grant would take #14, Revenues generated by other Cities. Chair Scantlan advised he would write the Executive Summary on all the recommendations, if he was still Chair of the Board. 7. Discussion of City Services Survey Chair Scantlan explained how the City Services Survey was done the prior year. The biggest problem with the survey was getting the community to participate because there was an issue with distribution. There were different suggestions on how to get citizens to participate. For example, the City could possibly award a gift card in a drawing or have dinner with the Mayor. There was no budget for the survey. Survey Monkey was utilized for the survey. Notices were distributed around the City and posted on the City website to inform the citizens that the survey was available. There was discussion on which questions to keep for this year's survey and which to amend. It was suggested to focus on the four major topics assigned to the Board to research. Other cities have transferred police protection to the Sheriff's Department. It was suggested to query the public on their opinion of this idea. Other questions were proposed and some were re- evaluated as to their value. There were some questions that were viewed as duplications and possibly rewording the question could combine two questions into one. Chair Scantlan advised he included an open -ended question last year to determine what type of input the citizens were giving on how the City could improve. He suggested removing this question. However, Mr. Grant suggested keeping an open -ended question but rewording it to be more specific on suggestions for the Financial Advisory Committee to create ideas for the City to become more fiscally 3 Meeting Minutes Financial Advisory Committee Boynton Beach, FL December 10, 2012 responsible and run more effectively and efficiently. The remaining questions were explained and the order was changed to reflect importance. In prior years, the survey was announced on the City of Boynton Beach web page, the City of Boynton Beach Police web page, by way of a marquee, distribution in City Hall and other facilities, and other department's Facebook pages. 8. Other Business Mr. Scantlan mentioned that in case this was his last meeting as Chair, he would like someone to consider picking up the torch. He also commented that the Financial Advisory Committee was a Board that does not allow a member to be an alternate member of another Board. The dates of upcoming Board meetings were discussed. Bi- weekly meetings would begin after the new year. Two members announced they would be unable to attend the February 11, 2013 meeting. Chair Scantlan suggested that thought should be given to cancelling that meeting as there may not be a quorum. 9. Adjournment Motion Mr. Grant moved to adjourn the meeting. The motion was seconded by Mr. Grady and unanimously passed. The meeting adjourned at 6:59 p.m. &&Z� ,- Ellie Caruso Recording Secretary M ORDINANCE NO. 12 -005 3 AN ORDINANCE OF THE CITY COMMISSION OF 4 THE CITY OF BOYNTON BEACH, FLORIDA 5 AMENDING CHAPTER TWO, ARTICLE XVIII, 6 "FINANCIAL ADVISORY COMMITTEE ", SECTION 2- 7 243(b)(1) "MEMBERSHIP" BY AMENDING THE QUALIFICATIONS FOR REGULAR MEMBERS; 9 AMENDING SECTION 2- 243(e)(2) "PRIVILEGES, p DUTIES AND RESPONSIBILITIES" ALLOWING THE 11 COMMITTEE TO SELECT ITS CHAIR AND VICE - 12 CHAIR; PROVIDING FOR CONFLICTS, 13 SEVERABILITY, CODIFICATION AND AN 14 EFFECTIVE DATE. i' 1¢ WHEREAS, the City Commission of the City of Boynton Beach, Florida i7 established a Financial Advisory Committee consisting of nine 9 members (seven (7) regular IS and two (2) alternate members) to review the impact of legislative and administrative 19 decisions on the City budget; and 0 WHEREAS, the Financial Advisory Committee has confirmed with the City Clerk i that it is the only Committee or Board whose members could not elect its Chair and Vice- 2$ Chair; and 21 WHEREAS, the Financial Advisory Committee has requested that the City i 14 Commission consider an amendment allowing the Committee to elect its own Chair and $ Vice - Chair; and g WHEREAS, staff is also recommending an amendment to the City's Code of Ordinances to better clarify the qualifications of regular members. $ NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, THAT: i Q Section 1. The foregoing whereas clauses are true and correct and are now ratified 1 and confirmed by the City Commission. Document in Windows Internet Explorer 1 I a� 1 l Section 2 . That Chapter 2, Article XVIII, Financial Advisory Committee, 2 Section 2- 243(b)(1) of the Boynton Beach Code of Ordinances is hereby amended as 3 follows: 4 Sec. 2 -243. Committee appointments and membership. 5 (a) All members shall be residents of or own property in the city, own a business 6 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: 10 a. Certified public accountant; I 1 b. Accounting professional; 12 C. Fifl,.,,-e 01;v, ;stona!Auditing 1 B d. Certified financial planner; 14 e. Investment advisor; 5 £ Insurance professional (property /casualty or health); 16 g. Business owner /manager; 7 h. MBA or MPA degree (with high levels of accountability /responsibilities with budget and organizational oversight). I l� i. Bankint I Pension Plan Management I 1 k. Financial Planning & Management (2) The remaining four members may be at large. 11 Section 3 . That Chapter 2, Article XVIII, Financial Advisory Committee, i Section 2- 243(e)(2) of the Boynton Beach Code of Ordinances is hereby amended as follows: Document in Windows Internet Explorer i+ k' Ii 2 s ' I 2 (e) Privileges, duties and responsibilities 3 (1) Privileges. Members will have voting privileges as set forth herein. Members 4 shall create and implement rules, policies and procedures necessary to carry out the 5 Financial Advisory Committee's purpose, in conformance with the provisions of the city's 6 Code of Ordinances and state law. 7 (2) The Git Coniniissioflregular members of the Financial Advisory Committee 8 shall vote to appoint a chair, who shall preside over the meetings of the Financial Advisory 9 Committee, and also vote to appoint a vice -chair who shall serve in the absence of the chair. y o Section 4. All laws and ordinances applying to the City of Boynton Beach in I l conflict with any provision of this ordinance are hereby repealed. 12 Section 5. Should any section or provision of this Ordinance or any portion ,43 thereof be declared by a court of competent jurisdiction to be invalid, such decision shall not i 14 affect the remainder of this Ordinance. 15 Section 6. Authority is hereby given to codify this Ordinance. n 5 Section 7. This Ordinance shall become effective immediately. � h p� {REMAINDER OF PAGE INTENTIONALLY LEFT BLANK} I I I I I' li I �I i I I i i i Document in Windows Internet Explorer i �I 3 I FIRST READING this 6 t" day of March, 2012. 2 SECOND, FINAL READING AND PASSAGE this AO day of MAreg, 2012. 3 CITY F BOYNTON BEACH, FLORIDA 4 5 6 Mayors L. Hay 7 8 9 Vie N4ay 111• Orlove 110 12 13 14 '15 Commissioq — Sfe Hol an 1 i6 , 17 '18 Commissioner — Marlene Ross 119 ATTEST: 20 j ,- t M. Prainito, MMC Clerk 24 oxpo ea 4W i t I I I Document in Windows Internet Explorer lE CITY OF BOYNTON BEACH Financial Advisory Committee - Potential Issues for Study and Assignment Areas Item Issue Department Contact Area Assignment # I Initial I Follow U 1 City Services Survey City Manager City Manager Jeff Grad 2 Capital Improvement Plan CIP Analysis Finance Budget / Public Works / Utilities 3 Debt & Debt Service Finance Finance 4 Franchise Solid Waste Services City Manager Public Works John S arrell 5 Make /Buy Other City Services City Manager TBD Jeff Grady 6 Close /Consolidate City Facilities Cit Mana er Public Works / Utilities 7 Property / Casualty Insurance Costs Cit Mana er Risk Management John S arrell 8 On -Site Health Clinic Cit Mana er Risk Management / Human Resources Terry Loner an 9 1 Pension Plans - InterCity Comparison of Benefits Finance Human Resources Steve Grant 10 Anal sis of Residential vs. Commercial Tax Base Finance Budget - County Property Appraiser 11 Business License Tax - Competitive Analysis Finance Development 12 Development Fees - Com arison to Other Cities Finance Development Terry Loner an 13 Revenue Trends & Forecasts Finance Finance 14 Revenue Streams Generated by Other Cities City Manager Finance Steve Grant S: \Finance \Financial Advisory Committee \Work Area Topics - Assignments\ / FAC Study Topics for FY 2013 -14 Budget (12 -11 -12 Revision).xls / 1 NO Is In May 2010, the City Commission established a Financial Advisory Committee to serve in an advisory capacity to the Commission. The Committee has the general responsibility of: (1) Reviewing the impact of existing or proposed legislative and administrative decisions on the City budget, revenue sources, and operational expenditures and (2) Making recommendations that may favorably impact the City budget and overall financial condition of the City. The Committee consists of seven regular and two alternate members named by the Commission from community residents and business owners. The Committee is using this survey to solicit community opinion and suggestions where appropriate to assist them in developing their recommendations to the City Commission. Your response will assist the Commission obtain the will of the people regarding certain budget decisions. However, in order to respond to the survey questions, the Committee asks that you meet the following two criteria: (1) You agree to the Privacy Policy. (2) You maintain (own or rent) a residence and /or a business that is located within the corporate limits of the City of Boynton Beach. A response is required to survey questions for those items marked with an asterisk * in order to continue with the survey, In order to complete this survey electronically, 'cookies" must be enabled in your computer browser. However, paper copies of the survey will be available at City Hall and the Library. This survey only allows respondents to vote once. In order to keep track of respondents who have voted, a cookie (a simple text file) will be created and stored on the respondent's computer. This cookie is created by voting on the survey. It will not contain personally identifying information and will not compromise your privacy or security. The only information that is contained in the cookie is the name of the survey and how the respondent voted. The cookie will remain on your computer for the duration of the survey. The cookie has an expiration date and will be deleted from your computer when that date occurs. s In the State of Florida, laws exist to ensure that government is open and that the public has aright to access appropriate records and information possessed by City government. The City of Boynton Beach does not sell, rent or otherwise distribute visitor's information, including electronic mail addresses, to any outside company or organization, unless legally required to do so. This applies to information that may be collected on the City's site and on that of any third party with whom the City contracts to provide Internet related services. 1. 1 agree to . 0 Yes 0 No This survey is open only to persons who own or rent a residence and /or a business within the corporate limits of the City of Boynton Beach. years r i in Less than 5 years 5 to 10 years 11 to 15 years 16 to 20 years More than 20 years Not applicable business *3. How many years has your operation? Less than 5 years 5 to 10 years 11 to 15 years 16 to 20 years More than 20 years Not applicable *4. Please select your City District and Commissioner representing your residence business. If you maintain a residence AND are also a business owneir, check the District of your residence. District 1 — Commissioner Taylor. Located generally west of 1 -95 and south of Old Boynton Rd. District 2 — Vice Mayor McCray. Located generally east of 1 -95 and north of Boynton Beach Blvd. District 3 — Commissioner Holzman. Located generally east of 1 -95 and south of Boynton Beach Blvd. District 4 — Commissioner Segal. Located generally west of 1 -95 and north of Gateway Blvd. Page 2 r S. How important were the following factors in influencing you either usiness owner to move to or remain in Boynton Beach? Extremely important Very important Important Moderately important Unimportant City amenities (e.g., parks, O O O O O beach, recreation programs, library) City services O O O O O Cultural factors O O O O O Employment O O O O O Housing choices O O O O O Location O O O O O Public safety O O O O O Schools O O O O O Other: Property taxes and Public Safety budgets are perhaps two topics drawing significant attention during General Fund budget and tax rate discussions. A little background may be helpful before responding to the following budget questions. 1. The City used $2.9 M of reserves to fund the General Fund FY 12/13 budget. 2. Public Safety represents nearly 75% of the total General Fund bud of $68.8 M. . The Police budget represents $27.9 M. However, property taxes realized of $23.8 M at the current 7.6000 millage rate is less than the Police budget. . The Fire budget represents $19.2 M. However, the entire Fire budget is not eligible to be funded by the Fire Assessment. The Fire Assessments levied at the current rate of per dwelling unit only realizes approximately % of the eligible costs of the Fire Department. . Other departments' individual budgets range from approximately $500,000 to less than $3,000,000 in total. eliminate year, are you in favor O Eliminating or cutting services O Raising property taxes and other fees O Combination of eliminating services and raising property taxes and other fees Page 3 77 . To mal the current property tax rate and other fees, which General Fund services ould you eliminate or cut? (Indicate all that you would recommend) Police — Reduce Police coverage 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 El Public Works - Eliminate median landscaping Public Works - Eliminate street maintenance Other: rather. *8. Relating to Police coverage/response time, would you Increase property taxes, or Reduce coverage and see a possible decrease in response time ® ® .' not based an maintain property value). Are you in favor of an increase in the Fire Assessment to enable Fire Rescue to i O Yes O No Page 4, 10 ■ How much doyou agree or j f wmu j j in " high level of services? utility utility City streets and right-of-ways. The ' telephone, cable, 1 allowed to pass the cost on to the customer.) Strongly Agree Agree Neither Agree nor Disagree Strongly Disagree Disagree Franchise Fees O O O O Business Tax Receipt O O O O (Formerly known as Occupational License) Fines (e.g., Code O O O O Compliance violations) Rentals (i.e., of City O O O O facilities by the public) User Fees (e.g., beach,boat O O O O dock decals; Tennis Center) * 11. Would you agree to annual increases of the revenues in the previous question if living they were limited to cost of the federal government? O Yes O No 12. Do you support the City continuing approximately $190,000 annually to The Schoolhouse Children's O Yes O No 13. What is 18 -24 25-44 45 -64 65+ Waag 5 14. What is your annual family income? O Less than $30,000 O $30,000- $49,999 O $50,000- $74,999 O $75,000$99,999 O $100,000+ O Rather not say 15. The following information is optional. However, by providing this information, it assist the Financial Advisory Committee to sort and analyze responses. Your : Business : Address: Address : ity own: State; I 16. What specific suggestions would you have to close the City's General Fund budget gap for next fi scal year? Page