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HomeMy WebLinkAboutMinutes 07-17-2012 Budget WorkshopCITY COUNCIL BUDGET WORKSHOP MEETING CAPE CANAVERAL LIBRARY MEETING ROOM 201 Polk Avenue, Cape Canaveral, Florida TUESDAY July 17, 2012 4:30 PM MINUTES CALL TO ORDER: The Chair called the Meeting to Order at 4:30 P.M. ROLL CALL: { Council Members Present: Council Member John Bond Council Member Bob Hoog Council Member Buzz Petsos Mayor Pro Tem Betty Walsh Council Member Absent: Mayor Rocky Randels Others Present: City Manager David L. Greene Assistant City Manager/City Clerk Angela Apperson Finance Director John McGinnis Building Official Todd Morley Plans Examiner/Building Inspector Glenn Pereno Planning and Development Director Barry Brown Leisure Services Director Robert Lefever Public Works Services Director Jeff Ratliff Public Works Services Deputy Director Lonnie Dunn Brevard County Sheriff Commander Alan Moros Cape Canaveral Volunteer Fire Dept. Chief Dave Sargeant Cape Canaveral Volunteer Fire Dept. Assistant Chief John Cunningham DISCUSSION: 1. Proposed Fiscal Year 2012/2013 Budget and Five (5) Year Capital Improvement Plan: Mayor Pro Tern Walsh noted the current year budget is approximately 13 million dollars and the proposed budget is approximately 22 million dollars. She noted the major difference is primarily Capital Improvements, which will be funded by financing. She explained the City has money reserved for some of the Capital Improvements that City of Cape Canaveral, Florida City Council Budget Workshop Meeting July 17, 2012 Page 2 of 2 could reduce the amount of necessary financing. City Manager Greene reviewed the proposed budget. Discussion ensued and included the use of Capital Expansion funds and that these funds can be used for the purchase of equipment if it expands the capacity of service; using existing funding to "buy down" the amount of financing necessary; if a new City Hall is constructed, the possibility of repurposing the existing building as a multi- generational facility; the proposed budget only containing funding for the planning and engineering of a new City Hall, with the construction taking place in future years; using some of the City's reserves to offset proposed financing; another diversification of revenue would be a franchise fee on waste/recycling collections; proposed Constitutional Amendment # 4 will continue to limit the amount of Ad Valorem available; the need for a capital depletion reserve account, make annual payment for same, as well as the dollars derived from the sale of assets being returned to the fund; the wonderful job stormwater and wastewater have done extending the life of equipment and facilities; however, there is still a need to do a better job projecting costs by creating master facility plans; that existing Stormwater fees and Wastewater fees will fund the proposed debt for those Funds; the need for further analysis in the facilities plan to ensure the additional storage of re-use water is necessary, the cost for same, as well as the need to have the plan for State Revolving Loan Funding; positioning the City to apply for grants by having the necessary tools such as facilities plans. City Manager Greene committed to • Providing the Council with a re-designation plan for existing reserves to offset financing necessary to construct a Fire Station and City Hall. • Reducing the salary increase from a full 3%, as not all employees anniversary dates are at the beginning of the fiscal year and placing the moneys in the Contingency. • Reducing the projected increase for Health, Dental, Vision and Life Insurance from 10% to 5%. However, the moneys will be available within the Contingency line-item. Consensus was reached to start the next Workshop meeting at 2:30 p.m. on August 21, 2012. ADJOURNMENT: Acing no further business, the Meeting adjourned at 5:55 P.M. Betty Walsh, Mayor Pro Tem Angela M. Apperson, MMC, City Clerk SEAL of Cape Canaveral, Florida