CITY OF PORT ST LUCIE

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CITY OF PORT ST LUCIE COUCIL AGEDA MEMORADUM Agenda Item#: 4B Meeting Date: 9 / 25/2017 TO: VIA: FROM: Agenda Item: Submittal Date: Mayor and City_ uncil 1E Russ Blackburn eity Manager David Graham,

1 CITY OF PORT ST LUCIE COUCIL AGEDA MEMORADUM Agenda Item#: 4B Meeting Date: 9 / 25/2017 TO: VIA: FROM: Agenda Item: Submittal Date: Mayor and City_ uncil 1E Russ Blackburn eity Manager David Graham, Assistant City Manager Jeff Snyder, CPA, 0MB Director Ordinances for Public Hearing: Adoption of Millage Rate Ordinance, Budget Ordinance, and Capital Improvement Plan Resolution. 8/30/2017 STRATEGIC PLA LIK: Goal 7 - High performing city government organization. BACKGROUD: The proposed budget FY must be adopted using two ordinances and one resolution at the two special meetings including public hearings. AALYSIS: The budget presented has incorporated City Council's direction from the Budget Retreat. Two additional Police Officers have been included as well as reducing the operating millage by a full The proposed Millage Rate is for operating purposes and for voted debt (Crosstown Parkway) for a total of mills. The Budget Total of $509,993,494 is an increase of $27,416,741 when compared to the prior year. FIACIAL IFORMATIO: The proposed FY Budget is based on a reduced total millage rate of This budget will add Full-time Equivalent (FTE's) employees to the organization. The staff additions are necessary to meet an increased demand for services due to continued growth. There is a Stormwater rate increase of $5.00 annually for a total of $ per residential property requested to focus on the deferred maintenance. Also requested is an increase of 1.5% to both the water and sewer rates, an increase of $1.31 per month for the average residential customer, in an effort to meet the growing with demand. The Golf Course Fees are planned to increase by $1.00 for each round of Golf to keep up with maintenance costs. Council Agendcz Memorandum V 1.3

2 LEGAL IFORMATIO: The Ordinance has reviewed and approved as to form by Mr. 0 Reginald Osenton, the City Attorney, on August 30, STAFF RECOMMEDATIO: 1. Approve ordinance to set the Millage Rate for FY Approve ordinance to adopt the Budget Total. 3. Approve the resolution to adopt the Capital Improvement Plan. SPECIAL COSIDERATIO: To enable the City staff to implement this operating and capital plan approval of the Millage Rate Ordinance and the Budget Ordinance should be adopted September 11, 2017 and September 25, PRESETATIO IFORMATIO: Director. Power Point Presentation, Jeff Snyder, CPA, OMB REQUESTED MEETIG DATE: 9/11/2017 LOCATIO OF PROJECT: /A. ATTACHMETS: Plan. Millage Ordinance, Budget Ordinance, CIP Resolution and CIP Council Agenda Memorandum V I.3

3 ITEM: 4B DATE: 9/11/17 ORDIACE A ORDIACE ADOPTIG THE AD MAKIG A APPROPRIATIO FOR THE FISCAL YEAR OCTOBER 1, 2017, TO SEPTEMBER 30, 2018; PROVIDIG A EFFECTIVE DATE. THE CITY OF PORT ST. LUCIE HEREBY ORDAIS: Section 1. There is hereby adopted the budget of Port St. Lucie, Florida, as reflected in Exhibit "A", which is attached hereto and made a part hereof. Section 2. There is hereby appropriated for the funds of the City of Port St. Lucie, Florida, the sum of $509,993,494 as the appropriation for the fiscal year October 1, 2017, to September 30, Section 3. In the spending or contracting for spending of monies appropriated pursuant to this budget ordinance, those city officials responsible shall comply with existing ordinances, resolutions, and/or policies delineating procedures for such disbursements. Section 4. This ordinance shall become effective October 1, PASSED AD APPROVED BY THE City Council of the City of Port St. Lucie, Florida, this 25th day of September, CITY COUCIL CITY OF PORT ST. LUCIE ATTEST: BY: Gregory J. Oravec, Mayor Karen A. Phillips, City Clerk APPROVED AS TO FORM: 0. Reginald Osenton, City Attorney

4 EXHIBIT A CITY OF PORT ST. LUCIE - SUMMARY S FISCAL YEAR ADOPTED PROPOSED ICREASE <DECREASE> General Fund $113,622,049 $110,035,551 ($3,586,498) Road & Bridge Fund $15,306,305 $15,994, ,008 Stormwater Utility Fund $30,553,336 $34,191,460 3,638,124 Building Department Fund $12,598,331 $15,816,631 3,218,300 Utility Operating Fund $92,213,566 $91,374,684 (838,882) Saints Golf Course Fund $2,013,465 $2,235, ,368 Governmental Finance Fund - #108 $178,974 $0 (178,974) Police Impact Fee Fund $781,223 $771,479 (9,744) Street Lighting Fund $513,859 $622, ,351.P.D.E.S. Fund $187,368 $233,386 46,018 eighborhood Stabilization Fund #3 #114 $834,500 $882,376 47,876 eighborhood Stabilization Fund #116 $1,348,680 $858,084 (490,596) C.D.B.G. Fund #118 $1,376,550 $2,217, ,002 S.H.I.P. Fund #119 $1,613,826 $1,301,153 (312,673) eighborhood Improvement Fund #127 $0 $1,734,546 1,734,546 CRA Fund #175 $4,452,727 $4,535,716 82,990 CRA Fund #178 Southern Grove $53,900 $215, ,370 Police Forfeiture Fund #603 $311,950 $339,800 27,850 Medical Insurance Fund #605 $22,678,890 $22,393,670 (285,220) Conservation Trust Fund #608 $333,934 $1,203, ,556 OPEB Trust Fund - #609 $12,674,848 $15,741,773 3,066,925 Solid Waste on - Ad Valorem Assessment $17,630,000 $17,640,000 10,000 General CIP Fund #301 $3,395,397 $4,772,376 1,376,979 Road & Bridge CIP Fund #304 $10,057,858 $11,000, ,766 Parks Impact Fee Fund #305 $2,105,000 $3,099, ,204 Parks MSTU CIP Fund #307 $1,862,000 $1,765,811 (96,189) eighborhood Improvement CIP Fund #309 $1,985,356 $0 (1,985,356) Crosstown Parkway CIP Fund #314 $26,473,572 $7,438,811 (19,034,761) Utility CIP Fund - Renewal/Replacement #438 $9,620,544 $10,007, ,997 Utility CIP Fund - Connection Fees #439 $14,376,105 $13,469,095 (907,010) Utility Contingency Fund #440 $13,692,407 $14,704,969 1,012,562 Water & Sewer Capital Facility Fund #441 $7,692,085 $13,968,873 6,276,788 Utilities CIP Fund #448 $0 $17,780,000 17,780,000 S.W. Annexation Collection Fund #115 $12,043,712 $15,558,729 3,515,017 SAD I Phase I - #120 $2,358,105 $1,002,366 (1,355,739) SAD I Phase II - #121 $236,513 $1,852,730 1,616,217 USA3&4-#122 $12,483,646 $15,636,942 3,153,296 USA 5,6,7A - #124 $3,761,627 $3,424,712 (336,915) USA #9, SAD #125 $449,638 $377,820 (71,818) SW Annexation District #2 SAD #126 $0 $477, ,829 Wyndcrest-DD #142 $222,895 $1,792,004 1,569,109 South Lennard SAD #150 $491,927 $479,141 (12,786) River Point SAD #151 $1,651,655 $1,549,298 (102,357) Tesoro SAD #152 $3,495,109 $3,192,756 (302,354) Glassman SAD #153 $2,005,450 $1,960,049 (45,401) East Lake Village SAD #154 $820,655 $928, ,875 St. Lucie Land Holding #155 $2,442,618 $2,813, ,281 City Center SAD #156 $2,510,167 $3,514,995 1,004,828 Combined SAD #158 $648,394 $710,247 61,853 Torrey Pines Collection Fund #159 $4,118,313 $3,726,561 (391,752) General Obligation Debt Fund #214 $10,297,726 $12,648,605 2,350,879 Totals $482,576,753 $509,993,494 $27,416,741

PROPOSED I BRIEF Transparency. Raising Awareness, One Topic at a Time. -0--a- ERE MIME MIME '''4 o RIO' The Fiscal Year 2017-18 Annual Budget allocates resources to support Port St.

5 PROPOSED I BRIEF Transparency. Raising Awareness, One Topic at a Time. -0--a- ERE MIME MIME '''4 o RIO' The Fiscal Year Annual Budget allocates resources to support Port St. Lucie 's Strategic Plan goals. The City Manager 's proposed budget is provided to the City Council for approval and is scheduled to be adopted on September 25, 2017, after public hearings on Sept. 11 and Sept. 25. "I BRIEF" Total taxable value increased by 11.06% in Port St. Lucie. Because of this increase, the City will receive approximately $3.5 million additional property tax revenue. The proposed budget for FY totals: i This is an increase of $27,416,741 or 5.7% from FY The proposed budget for FY General Fund is $110,035,551 which is a decrease of $3,586,498 over FY adopted budget. This budget maintains current levels of service, infrast ructure, equipment, facilities, services and programs. It addresses maintenance issues that had to be deferred during the recession. The City Manager is recommending $2 million to address deferred maintenance and vehicle replacement, mainly in the Police Department, Civic Center and Parks & Recreation. PROPERTY VALUATIO GRAPH The millage rate is the rate of tax per $1,000 of taxable property value. The City 's proposed Operating Millage decreases by $.1000 for a total of $ The voter-approved debt service millage for Crosstown Parkway will remain at $ The combined operating and debt service millage rate is proposed at $ per $1,000 of assessed value; a decrease of $.1000 or 1.54% mum 5 MILLIO 7.5 MILLIO 10 MILLIO STORM WATER Stormwater User Fees are recommended to increase by $5.00 for a total of $ for a residential lot and $ for an undeveloped lot. The increase will help focus on deferred maintenance projects, replace failed culverts under the roadways, replace large equipment and perform Water Quality Projects. Water and Sewer rates would increase by 1.5%, an increase of $1.31 per month for the average residential customer. CITY OF PORT ST. LUCIE MILLAGE RATES DEERALOPERATI6 CROSSTOW I TOAD PROGRAM FY 13/14 IAlL 2MIL 3 MIL 410L a S11L FY 14/15 FY 15/16 FY 16/11 FY 17/18. I. n City of Port St. Lucie S.W. Port St. Lucie Blvd. I Port St. Lucie, FL (772)

PROPOSED I BRIEF Transparency. Raising Awareness, One Topic at a Time. YO R7- s 'a a e DEBT REDUCT The proposed budget recommends setting aside $1.7 million as reserves for debt reduction, $0.

6 PROPOSED I BRIEF Transparency. Raising Awareness, One Topic at a Time. YO R7- s 'a a e DEBT REDUCT The proposed budget recommends setting aside $1.7 million as reserves for debt reduction, $0.2 mill for matching grant opportunities and maintaining emergency reserves in all operating funds U, 11f El Governmental Activities U R 2013= Business-type Activities The City's long-term debt has been reduced as a result of principal payments and refinancing when appropriate. Debt has gone from a high of $1.042 billion in FY to a projected $793 million for the FY Budget. 1, SUMMARY OF ED POSITIOS FY 08/09 1, A total of 1, full-time equivalents (FTEs) are funded with this proposed budget, which is a net increase of FTE 's. 1, et new positions are requested in the proposed budget. Positions include: 6.5 Police; 5 Parks; 2 Code; 2 Planning; 2 Legal; 2 Bldg. Maint.; 2 I.T.; 3 PT converted to FTE in H.R., Civic Ctr., Finance; 4 Utility Systems; 1 Bldg.; 1.25 eliminated from eighborhood Services and Community Redevelopment Agency. In FY , the five-year Capital Improvement plan was developed based on the Council Strategic Plan. Projects planned over the five-year period are projected to cost $131.6 million and include: CAPITA. IMPROVEMET PLA Culvert & Pipe Replacement Riverwalk Project 5% SW Port St. Lucie Boulevard 7% e 5% ew 6% McCarty Ranch 9% Other Sidewalks Water Storage Projects City of Port St. Lucie S.W. Port St. Lucie Blvd. I Port St. Lucie, FL I (772)

7 CITY OF PORT ST. LUCIE - SUMMARY - ICLUDES CITY COUCIL DIRECTED CHAGES - FISCAL YEAR ADOPTED PROPOSED... ICREASE <DECREASE> General Fund $113,622,049 $110,035,551 ($3,586,498) Road & Bridge Fund $15,306,305 $15,994, ,008 Stormwater Utility Fund $30,553,336 $34,191,460 3,638,124 Building Department Fund $12,598,331 $15,816,631 3,218,300 Utility Operating Fund $92,213,566 $91,374,684 (838,882) Saints Golf Course Fund $2,013,465 $2,235, ,368 Governmental Finance Fund - #108 $178,974 $0 (178,974) Police Impact Fee Fund $781,223 $771,479 (9,744) Street Lighting Fund $513,859 $622, ,351.P.D.E.S. Fund $187,368 $233,386 46,018 eighborhood Stabilization Fund #3 #114 $834,500 $882,376 47,876 eighborhood Stabilization Fund #116 $1,348,680 $858,084 (490,596) C.D.B.G. Fund #118 $1,376,550 $2,217, ,002 S.H.I.P. Fund #119 $1,613,826 $1,301,153 (312,673) eighborhood Improvement Fund #127 $0 $1,734,546 1,734,546 CRA Fund #175 $4,452,727 $4,535,716 82,990 CRA Fund #178 Southern Grove $53,900 $215, ,370 Police Forfeiture Fund #603 $311,950 $339,800 27,850 Medical Insurance Fund #605 $22,678,890 $22,393,670 (285,220) Conservation Trust Fund #608 $333,934 $1,203, ,556 OPEB Trust Fund - #609 $12,674,848 $15,741,773 3,066,925 Solid Waste on - Ad Valorem Assessment $17,630,000 $17,640,000 10,000 General CIP Fund #301 $3,395,397 $4,772,376 1,376,979 Road & Bridge CIP Fund #304 $10,057,858 $11,000, ,766 Parks Impact Fee Fund #305 $2,105,000 $3,099, ,204 Parks MSTU CIP Fund #307 $1,862,000 $1,765,811 (96,189) eighborhood Improvement CIP Fund #309 $1,985,356 $0 (1,985,356) Crosstown Parkway CIP Fund #314 $26,473,572 $7,438,811 (19,034,761) Utility CIP Fund - Renewal/Replacement #438 $9,620,544 $10,007, ,997 Utility CIP Fund - Connection Fees #439 $14,376,105 $13,469,095 (907,010) Utility Contingency Fund #440 $13,692,407 $14,704,969 1,012,562 Water & Sewer Capital Facility Fund #441 $7,692,085 $13,968,873 6,276,788 Utilities CIP Fund #448 $0 $17,780,000 17,780,000 S.W. Annexation Collection Fund #115 $12,043,712 $15,558,729 3,515,017 SAD I Phase I - #120 $2,358,105 $1,002,366 (1,355,739) SAD I Phase II - #121 $236,513 $1,852,730 1,616,217 USA3&4-#122 $12,483,646 $15,636,942 3,153,296 USA 5,6,7A - #124 $3,761,627 $3,424,712 (336,915) USA #9, SAD #125 $449,638 $377,820 (71,818) SW Annexation District #2 SAD #126 $0 $477, ,829 Wyndcrest-DD #142 $222,895 $1,792,004 1,569,109 South Lennard SAD #150 $491,927 $479,141 (12,786) River Point SAD #151 $1,651,655 $1,549,298 (102,357) Tesoro SAD #152 $3,495,109 $3,192,756 (302,354) Glassman SAD #153 $2,005,450 $1,960,049 (45,401) East Lake Village SAD #154 $820,655 $928, ,875 St. Lucie Land Holding #155 $2,442,618 $2,813, ,281 City Center SAD #156 $2,510,167 $3,514,995 1,004,828 Combined SAD #158 $648,394 $710,247 61,853 Torrey Pines Collection Fund #159 $4,118,313 $3,726,561 (391,752) General Obligation Debt Fund #214 $10,297,726 $12,648,605 2,350,879 Totals $482,576,753 $509,993,494 $27,416,741

CITY OF PORT ST. LUCIE CAPITAL IMPROVEMENT FUNDS ANNUAL BUDGET

Capital Improvement Funds Graphs CITY OF PORT ST. LUCIE CAPITAL IMPROVEMENT FUNDS ANNUAL BUDGET 2015-16 Revenue Source Amount Fund Balance $24,191,058 Interest Income 88,300 Sources Fund Transfer 11,700,000