07-12-2004 Workshop Meeting1 t !
MIAMI SHORES VILLAGE
• FISCAL YEAR 2004-2005 BUDGET WORKSHOP MEETING
The Miami Shores Village Council met on Monday, July 12, 2004 and conducted their Fiscal Year
2004-2005 Budget Workshop in the Village Hall' Conference Room. The meeting was called to
order at 6:10 PM with the following members present:
PRESENT:
ALSO PRESENT:
Mayor McCoy
Herta Holly
Al Davis
Ed Quinton
Greg Ullman
Tom Benton, Village Manager
Barbara Estep, Village Clerk
Mark Malatak, Finance Director
Richard Sarafan, Village Attorney
Mr. Benton offered introductory remarks, noting some of the highlights contained within the
budget presentation. Mr. Benton stated that the total FY2004-05 Budget is proposed at
$18,795,288 which is an increase of 11.9% over last year's budget. The all funds budget
includes a General Fund budget of $10,806,740, a Special Revenue Fund budget of $2,505,468,
a Debt Service Fund budget of $673,293, an Enterprise Operations Fund budget of $3,091,903
• and the Internal Service Fund budget of $1,717,885. Mr. Benton stated that with the
presentation of the `status quo" budget, a mill rate increase is proposed from 7.7500 to 8.2500
for ad valorem taxes, representing approximately $300,000 in operating funds. The increase is
mill rate is necessitated due in large part to increases in all facets of personnel costs, and the
various insurance coverage costs. In addition there is the new, voter approved General
Obligation Bond debt service for the Doctors Charter School of Miami Shores of .6100, and the
existing debt service for the Aquatic Center General Obligation Bond of .5151. Mr. Benton
stated that as he had previously discussed and reported to the Council, the residential
sanitation fee is proposed at $661.53 annually, an increase of $221.53 per year. This increase
is due to the change in the bulk trash pick-up operation. There is also a slight increase
proposed for the Stormwater Utility service from $8.50 to $9.25 per ERU, per quarter.
Mr. Benton emphasized the diligent work and effort that the Administration spent on putting
this year's budget together. Mr. Benton indicated that he had not proposed cutting any services
from the budget, but that staff levels had been reduced and fee increases proposed in order to
balance the budget.
•
A lengthy discussion ensued amongst the Council with respect to the additional tax rate being
proposed and the possible impact to the residents if monies were cut to keep the mill rate at
the present 7.7500 level.
Mr. Benton indicated that the individual Department Heads were present to answer any
questions that may arise during the discussions.
•
•
•
Mark Malatak, the Village's Finance Director, provided information on the various revenue funds
and projected revenues for the new fiscal year.
The Department Heads and the Village Council reviewed the individual Departmental Budgets.
The following Departments were discussed and the Department Heads questioned regarding
possible cuts within their proposed operating Budget. Departments were discussed in the
following order:
Recreation
Library
Police Department
Public Works
Building Department
Planning Department
Code Enforcement
Mayor & Council
Village Attorney
Village Clerk
Finance Department
Non -Departmental
Village Manager
At the conclusion of the presentations and discussions, the Council reached a consensus to
accept the proposed millage rate which will be confirmed with the adoption of a Resolution at
the July 20, 2004 Regular Council Meeting.
The July 12, 2004 Budget Workshop on the proposed Fiscal Year 2004-2005 Operating Budget
was adjourned at 10:10 PM.
Barbara A. Estep, CMC
Village Clerk
Jim McCoy, Mayor