HomeMy WebLinkAbout09-24-07 Final Budget Public Hearing
CITY OF OCOEE
FINAL BUDGET PUBLIC HEARING
Ocoee Commission Chambers
September 24, 2007
MINUTES
7:00 P.M.
I I. CALL TO ORDER - Mayor Vandergrift
Mayor Vandergrift called the Final Budget Public Hearing to order at 7:00 p.m. in the
Commission Chambers of City Hall. City Clerk Eikenberry called roll and declared a quorum
present.
Mayor Vandergrift announced that this is an advertised public hearing to finalize the budget
and adopt a final millage rate for the City of Ocoee. The City Commission has previously
approved a tentative millage rate of 4.6251 mills which represents a 7.7546% increase in millage
over the rolled-back rate of 4.2923 mills.
Roll Call: Commissioner Hood, Commissioner Anderson, Mayor Vandergrift, Commissioner
Keller, and Commissioner Johnson.
Also Present:
City Attorney Rosenthal, City Manager Frank, City Clerk Eikenberry
I II. PUBLIC HEARING
Summary of Legislative Action.
City Attorney Rosenthal said the maximum millage rate which may be levied by the City by
regular majority vote for the 2007-2008 fiscal year is 4.077 mills, such maximum millage rate
having been determined pursuant to Section 200. 185(3)(a), Florida Statutes. This is part of the
amendment package adopted by the 2007 Florida Legislature. This maximum millage rate may
be increased to the rolled-back rate of 4.2923 mills by a two-thirds vote of the City Commission.
The establishment of a millage rate between 4.0778 mills and 4.2923 mills requires a two-thirds
vote of the City Commission. This maximum millage rate may be increased to the non-voted
millage rate that was levied in the 2006-2007 fiscal year by a unanimous vote of the city
commission, such rate being 4.6251 mills, as reduced at the Tentative Budget and Millage
Hearing. The establishment of a millage rate between 4.2924 mills and 4.6251 mills requires a
unanimous vote of the City Commission.
A. Briefing by Director of Finance on the percentage increase in millage under the roll-backed
rate necessary to fund the budget and the specific purpose for which ad valorem tax revenues
are being increased.
Finance Director Horton advised that the percentage increase in millage over the roll-backed
rate that is necessary to fund the proposed budget is 7.7546; ad valorem tax revenues are being
increased by $770,573.00 to provide funding for operating expenses and programs, capital
improvements, and the purchase of equipment and vehicles.
Page 2
1. Comments by Citizens.
Mayor Vandergrift opened the Public Hearing. There were no comments at this time.
2. Comments by Commissioners.
The Mavor's proposed reductions.
Mayor Vandergrift said the Commission has before them a proposal that he made that only
requires a super majority vote, not a unanimous vote. He said in his model, no personnel
positions are deleted; some positions are being held until mid year; new programs were cut and
capital programs were cut. He said the Governor, who put us in this position, is having a
shortfall in the state budget but they are not cutting programs, they want the cities to make all of
the sacrifices.
City Manager Frank clarified that there two handouts before them, the one in the portrait mode
is the new one that is being suggested by the Mayor. The handout in the landscape mode is the
one showing where they left off after the last tentative budget session.
Commissioner Hood asked for clarification on the spreadsheet as far as items that were zeroed
out. City Manager Frank said that the "O"s on the spreadsheet meant there was no reduction
recommended with what has been presented at the previous meetings.
City Manager Frank also corrected two errors on the spread sheet:
The item for Central Park should show a reduction of $200,000, not $100,000 as shown (taking it
from the proposed $300,000 to $100,000).
The item for the road paving program should show a reduction to $100,000 (not $200,000 as
shown)
Commissioner Hood clarified that the Christmas Light Decorations have no reduction and
remain at the $40,000 that was proposed.
Commissioner Anderson said if we are looking at wants vs. needs, we should compare the
money for Holiday Lights vs. paving jobs and Central Park repairs that we are cutting.
City Manager Frank clarified that the $40,000 is the pay for rental of the holiday decorations.
Mayor Vandergrift stated that some of the paving can be moved to next year.
Commission Hood asked why the soccer field money is cut. City Manager Frank said we had
a $75,000 matching field of Dreams grand, but the County is not doing the grant program this
year, so that can be removed from the budget.
Commissioner Hood asked questioned the proposal to have OGTV only have live coverage for
the Commission Meetings.
Commissioner Keller said the list includes many items that the Commission should consider
cutting, they are not suggesting the Commission cuts everything on the list. We need to look at
the items and decide where to make the cuts. He said he is concerned about putting off
infrastructure issues such as the road paving because we may have less money next year to work
with. He asked if we really need to spend $240,000 for the clinic this year when we have
pressing infrastructure issues. Discussion pursued regarding the savings in the cost of health
care that could be realized from the clinic.
Commissioner Anderson asked about the formula for next year if we went with 4.2 and we had
the same amount of properties. He clarified that it is $231,000 per 1/10th millage point. The
difference between 4.2 and 4.6 is $846,000.
Page 3
City Attorney Rosenthal said that there is already a new formula in the Statutes for next year so
we know what that will be, assuming that the legislature makes no more changes. In the statute,
they enacted special procedures for 2008-2009, in which you calculate the maximum millage
rate, which is the roll back rate applied to your revenue, except that ad valorem tax revenue
levied this fiscal year shall be reduced by any tax revenues resulting from a millage rate
approved by a super majority vote of the governing body of the taxing authority in excess of the
maximum rate that could have been levied by a majority vote. So when they calculate the roll
back rate for next year, they will reduce all the revenue that is generated from anything in excess
of 4.0777 mills. That would be the majority vote; then if you want to go above that, you can go
to 110% of that amount by a two thirds vote, and by a unanimous vote you can do whatever you
want or "the rate in excess of the millage allowed" as stated in the statute. Commissioner
Anderson said that would put the millage rate next year at 3.79%.
Commissioner Hood asked why we are considering removing the $25,000 grant to Ocoee High
School when we spend $31,000 last year. Commissioner Keller added that those numbers are
for the last three years, last year we only gave them approximately $12,000. Commissioner
Johnson said he is just trying to help the high school and keep them from coming before the
Commission all year long. He said he thinks it is more beneficial than spending money on
Charter Schools and things that are never going to happen. He added that he wished the Mayor
had not called the school and talked to people about what his intentions were. Mayor
Vandergrift said he has been talking to them about trying to create a foundation so that
donations could be made to a specific account and then there could be a process on how to
disburse it. He added that they created the CMA grant awards to prevent people from randomly
asking the Commission for money. Commissioner Johnson said if we give this money to Ocoee
High School this year, the principal will take responsibility to track and report the disbursements
and no group from the school will be allowed to ask the City for more money via commission or
grant programs. Commissioner Keller said it appears from the handout that within the last fiscal
year we gave all schools about $25,000, about $12,000 of that went to Ocoee High School.
Commissioner Anderson said I can't imagine giving them more money than we gave them last
year when we are trying to reduce our entire budget by 7%. They way we ended at the last
meeting is if we don't go to the 4.26 millage rate, we will just have a super majority, so we need
to review the list for wants vs. needs to see what we can do.
Police Chief Reffett added that the cost to the City is $52,000 for the School Resource Officer
program and only receive $22,000 for those services. He said he just wanted them to understand
that we already invest in the schools in that manner.
Mayor Vandergrift said we need to look at road paving, other ways to operate OGTV, etc.
Commissioner Anderson said can just make a motion to adopt the millage rate at 4.2923 and
then add things on to it just to get to the discussions. City Attorney Rosenthal said you cannot
adopt a millage rate until your amended budget needs to match the millage rate. You cannot vote
on the millage rate first.
Commissioner Anderson asked the Mayor if he feels that we need to go to the roll back rate at
4.2923 or will you go up to the 4.5823. The Mayor said he would not vote for anything over the
roll back, but they can go to that with a super majority vote.
Mayor Vandergrift confirmed that with the $25,000 back in the budget, we would still be under
the roll back rate of 4.2923.
Commissioner Hood asked what the revenue difference was between 4.2923 and 4.2638 millage
rates.
Page 4
Commissioner Keller asked how bad it would be to add a fire service fee. Commissioner
Anderson said he feels that doing that would be like what the state did with the lottery. They
added money in from the lottery for education, but removed just as much money at the same
time. He does not have a problem with implementing a fire fee at a low percentage, but that
should not influence what we want to do with the budget.
Commissioner Hood said to go to the higher millage rate would only cost people $12 per
month, and he thinks everyone should be agreeable to that to leave in programs, etc. If we can't
do that we should go back to the roll back rate and just cut everything including personnel,
police, fire, etc.
Mayor Vandergrift asked what happens if there is an impasse in adopting a final budget. City
Attorney Rosenthal said if there was an impasse he would recommend they continue the public
hearing in order to consult with the state; there is a provision in the statute that says if a final
budget is not adopted by October 1, 2008, you would budget and spend based on the tentative
budget. The statute does not address what the millage would be; he would need to consult with
the Department of Revenue to see what would be placed on the tax bill as far as millage. The
statue also imposes penalties such as revenue sharing for failure to adopt an Ordinance for the
Final Budget and Final Millage and transmitting it to the State of Florida.
Mayor Vandergrift asked Public Works Director Krug to review the streets scheduled for
repaving. Mr. Krug reviewed the list. He advised they may be able to last another year, but the
quality of the streets would decrease and the repairs would increase. He also added that costs are
rising, so the longer we wait the less we can do with the same money.
City Attorney Rosenthal explained the order in which the process has to occur. They need to
make all intended amendments to the tentative budget. Next, they would have to adopt the
millage rate to fund the budget. Last, they would adopt the Final Budget.
City Attorney Rosenthal asked Finance Director Horton what the percentage increase over the
roll back it would be if the millage rate is 4.2638. Ms. Horton said it would be a decrease of
.6629 from the roll back which is 4.2923.
3. Motions by Commissioners for amendments to the proposed tentative budget.
Mayor Vanderarift moved amend the tentative budaet deletina all of the items
listed in red on Mayor's handout, except for the $25,000 donation to Ocoee Hiah
School which would remain in the tentative budaet: for a total reduction of
$712,500 from the tentative budaet and leave a millaae rate of 4.2746. No vote
was taken at this time due to subseauent discussion.
The finance department confirmed that would be cutting $712,500 leaving the millage rate at
4.2746.
Commissioner Anderson asked how much money that would give us to spend to get to the roll
back rate of 4.2923. The finance department advised it was $40,926. City Attorney Rosenthal
said if you wanted to come up to the 4.2923 mills you could add into the budget, or amend the
motion to add the $40,926.
Page 5
Commissioner Anderson said he really thinks he would like the City Attorney to find out what
with happen without an agreement on the budget; could we maintain our budget without this
motion. City Attorney Rosenthal said he does not think they could go on forever with the
tentative budget and millage without some sanction from the state.
Commissioner Keller said he thinks they should revisit the fire fee. We can put it in later, but
we need to determine at what dollar amount it would be. He said he felt we would be hurting the
City if we cut proj ects and did not implement the fire fee.
Mayor Vandergrift said we are not doing away with anything; we are reducing some of the
funding and delaying some positions. The $145,000 was just thrown in to the contingency fund
and is not tied to any proj ect.
Commissioner Anderson asked what additional revenue we will realize at the roll back rate
with new development. Finance Director Horton said the difference between the roll back rate
of 4.2923 and the 4.0777 is $502,000, which is the extra 5% that can be voted on by a super
majority. She clarified that we would add that amount back to what we originally proposed to be
revenue neutral.
Commissioner Anderson said there was going to be a merit and cola pay increase. Ms. Horton
said for the general employees, merit will cost $85,000 and COLA will be $167,000; for Police it
is $129,000, and for Fire approx $89,000.
Commissioner Johnson asked the City Manager if we could subsidize some of the budget
problem this year with some of the $10,000 that is in the reserves. Finance Director Horton
said the recommended amount to keep in reserves is between 20% - 40%, we are trying to keep
at least 25% in this budget.
City Manager Frank said we don't know what will happen next year, we may have to go 10%
below the roll back rate and take money from reserves at that time. We have gone from
$12,000,000 to $10,000,000 in the last year and would not want to continue that trend to fund
operational things or capital projects.
Commissioner Johnson said he thinks the markets will turn around in the next year and then we
can address the fire fee if necessary, etc. He thinks it would be best to subsidize the budget this
year with reserves and not start making so many cuts. He is not in favor of doing this every year.
Commissioner Anderson asked if we should be looking at water and solid waste rates. Now
that we will not have as much money in our general funds we need to look at that. City
Manager Frank said that we have an automatic escalator in our stormwater fees; we are looking
at doing commercial solid waste in house; and we are doing a sufficiency study on the utilities
side. We will be coming back to the Commission with recommendations in the near future. He
added that the CRA will be able to fund some projects also as it starts to generate more revenue
each year.
Mayor Vandergrift opened the Public Hearing.
James Fleming, 511 Orange Avenue, said he does not understand what the state is up to; but if
we vote for that constitutional amendment they will be setting our millage rate in the future. He
wants the level of services to stay the same, or improve. He would like to see us charge non-
residents for use of the boat ramp.
Mayor Vandergrift said they can vote for the motion on the floor and then at the next
commission meeting vote on moving money out of the reserve fund.
Commissioner Johnson said $250,000 from the reserves could be added to our revenue and that
should help us accomplish the paving and other projects that we wanted to get done.
Page 6
Commissioner Keller said we are removing $712,500 and then adding $250,000 in reserves so
we are still short $462,500 short to be able to complete all those projects. He said removing
$712,000 from reserves to cover ALL the projects that would probably affect our bond rating.
City Attorney Rosenthal said if the plan is to move money from cash carry forward or reserves
into next years budget and it is not done tonight the only way to do it in the future is an
amendment to the budget at an advertised public hearing following procedures in the Statutes
and the Charter. If you do it tonight, you can have a motion to amend the tentative budget to
move the reserve funds in. If you are doing this you should match up new revenue from the
reserves with the items that were going to be cut.
There was discussion about what was already carried forward and incorporated into this
proposed budget.
BREAK 8:34 p.m.
Mayor Vandergrift had City Clerk Eikenberry restate the motion and called for the vote.
VOTE
Motion failed 2-3, with Commissioner Hood, Commissioner Anderson, and
Commissioner Keller opposed.
Commissioner Hood said he will vote on anything we do to get the budget down to 4.0777.
Commissioner Keller said that he won't go that low. He feels another issue with the fire
assessment fee is that this could be our last chance. He thinks the legislature will take that
opportunity away from cities. He suggested from the 4.5823 that we started with, approve the
fire fee for $550,000, and take out the $145,000 in contingency for projects and that will take us
to 4.2822 which is under the super majority vote. We only need a 3-2 vote to pass the fire fee
after the budget sessions. He felt they made a mistake last year not keeping money in the
contingency fund for projects, but he now realizes to try to do that this year with the $145,000
would require a majority vote and that is not going to happen. The other $550,000 could be
added in as a Fire Assessment Fee. Commissioner Anderson said we don't have to discuss the
fire fee tonight. Commissioner Keller said in order to figure out our budget tonight, we need to
know any additional funds that will come from the fire fee. Commissioner Johnson stated he
will not support a fire fee. Commissioner Keller said if you leave the $550 off at this time, you
will have a 4.5197 millage rate which is too high because it would require a unanimous vote. He
added that right now, we are at 4.5823 at the end of the tentative budget hearing; if we remove
the $145,000 out of capital contingency projects and then figure out how we are going to fund
the other piece to get us below 4.2923 (super majority vote). Commissioner Anderson said that
737,000 could be handled by the fire fee later on. He said he would like to leave money in
contingency to handle projects. He asked to go down the list item by item to see what is near and
dear to each of them. He said everyone was adding things in at the workshops and getting
unanimous vote from the Commission; that is why he felt that he should add money for the
Charter Schools.
Commissioner Hood said everything we have discussed and agreed upon in these four meetings
was a waste of time because at the final budget hearing one person won't support it.
Commissioner Keller said he agrees, and the only thing to save all the work that we have done
during these meetings is to offset the millage by implementing the fire fee. If we don't agree
tonight that we will get some additional money from the fire fee, then we will not be able to get
to a millage rate that does not require a unanimous vote. We will not get a unanimous vote.
Page 7
Commissioner Anderson asked if we don't put the fire fee in at budget time and do it at a later
time, we can then apply that money to any part of the general fund. City Manager Frank said
you can recognize the additional revenue, put in additional expenditures; however you would
have to put in a budget amendment, adopt an ordinance, and hold public hearings. City
Attorney Rosenthal said the fire fee is like an enterprise account; we would have to look into
technical standpoint of how to match up the revenue and expenses.
Commissioner Hood said we were all in agreement in the workshops; then we would have had
an opportunity to look at extended day care program, citizen program, or other programs to cut
back on, instead of trying to push all the cuts through at the last minute.
Mayor Vandergrift said Commissioner Hood just stated he is not voting on anything but the
entire roll back, he had not said that in previous meetings wither. He said he voted on things
individually during the workshops and then could not support the whole package when the
millage rate went up to unanimous vote. He said he was counting on them to be more fiscally
conservative. Commissioner Keller said that he unanimously supported them each time even
though Finance Director Horton was telling us all along exactly where we were with the millage;
that is why they are having a difficult time understanding why he changed his mind.
Commissioner Hood said there are programs that should have been scrutinized more closely
during the process if he had known the Mayor was going to change his mind, but now we are
starting completely over again on the last night of the budget meetings.
Commissioner Keller said if we are not going to agree on the $550,000 for the fire fee tonight,
we would have to take it out somewhere. Commissioner Anderson said, "Reserves." He
reminded the Commission that he see us continuing to try to do that every year. He felt they
should go back down the list of items on the Mayor's list.
Commissioner Keller said the only item he could approve of cutting is the ROW maintenance,
reducing from 18 to 12 cuts.
Commissioner Hood said he does not understand why we can't leave everything in. It is equal
to 18 cents per day, or $1.28 per week.
Consensus was to go down list of items as submitted bv staff to be considered for reduction or
deletion from the proposed budf!et.
Delete Soccer Field Lights and Reconfigure City Hall/Police Department
Commissioner Keller, seconded by Commissioner Anderson moved to amend the
adopted tentative budaet bv reducina the budaet by $75.000 for the soccer field
Iiahts because the Field of Dreams arant is not available this year and reduce by
J24.000 to reconfiaure city hall/police department because it is no lonaer needed.
Motion carried 5-0.
Reduce Ocoee TV: $44.000.
Discussion regarding the $15,000 @ $5,000 per year we are still paying to WMFE radio.
Commissioner Keller asked if we reduce OGTV to cover Commission Meetings only, can we
pick up Good Living Magazine and other events in our time slots on the Public Service
Television. City Manager Frank said the cost was to produce the segments, not for air time.
Community Relations Manager Wright said six shows of Good Living Magazine cost
$19,500. There was discussion that Code Enforcement should also remain televised.
Page 8
Commissioner Anderson said, at $200-$300 per board meeting, we can decide to take money
out of contingency to televise specific meetings, as needed.
Commissioner Anderson, seconded by Commissioner Hood moved to amend the
adopted tentative budaet by reducina $40,000 from the Ocoee Television item to
televise the Commission Meetinas and Code Enforcement Meetinas only. Motion
carried 5-0.
Delete Funding for Health Insurance: Clinic $240,000
Discussion followed regarding the current insurance, the $240.000 cost of the clinic, savings that
would be realized with the clinic, the start up of the HRA insurance program that was
Commission previously approved, etc.
Commissioner Hood moved to amend the adopted tentative budaet by reducina
~240,OOO for the Health Insurance Clinic line item.
Discussion followed regarding keeping the same insurance that we have now. City Manager
Frank advised the new insurance has already been approved by the Commission and open
enrollment has begun with employees.
Motion was withdrawn.
Consensus to leave as originally budgeted and not to amend this item.
Decrease City Share of Family Healthcare from 70% to 60% $186,984
Consensus to leave as originally budgeted and not to amend this item.
Reduce Contingency from $100,000 to $50,000.
Commissioner Anderson asked Finance Director Horton how much money they have used from
the contingency fund this year. The Commission moved on to other items while she was looking
that up.
After all items were discussed was no vote on this specific item, therefore consensus to leave as
originally budgeted and not to amend this item.
Reduce Funding for Central Park from $300,000 to $200,000
Consensus to leave as originally budgeted and not to amend this item.
Reduce Police Officers, (3) New $195,000
Chief Reffett said they have 6 openings at this time.
Commissioner Anderson, seconded by Commission Johnson moved to amend
the adopted tentative budaet by reducina the Police Office line item by $97,500 by
hirina them at mid-year. Motion carried 5-0.
Delete Part time Fire Inspector change to mid-year $20,000
Deputy Chief O'Neil said they only have one inspector and he IS exceeding capacity.
Discussion followed regarding certification requirement.
Consensus to leave as originally budgeted and not to amend this item.
Neighborhood Matching Grants $20,000
Consensus to leave as originally budgeted and not to amend this item.
Page 9
Community Promotion Funding $15,000
Consensus to leave as originally budgeted and not to amend this item.
Community Merit A wards Program $30,000
Consensus to leave as originally budgeted and not to amend this item.
Ocoee High School Donation
Previous motion carried to leave the $25,000 grant as added during budget sessions.
Charter Schools $15,000
Consensus to leave as originally budgeted and not to amend this item.
Proiects (Capital Contingency) $145,000
Commissioner Keller. seconded bv Commission Anderson moved to amend the
adopted tentative budaet bv reducina $145.000 for capital proiects from the
continaencv line item. Motion carried 5-0.
Traffic Calming CityWide $40,000
Consensus to leave as originally budgeted and not to amend this item.
Reroofing Vignetti $22,500
Consensus to leave as originally budgeted and not to amend this item.
Reduce Road Paving from $300,000 to $200,000
City Manager Frank clarified that this is the staff s recommendation that reduced this item by
$100.000; the Mayor's version reduced it by $200,000.
Commissioner Hood. seconded bv Commission Anderson moved to amend the
adopted tentative budaet by reducina $100.000 from the road pavina proaram line
item. Motion carried 5-0.
Delete Seniors Program $78,000
Consensus to leave as originally budgeted and not to amend this item.
Reduce or Delete Founder's Day Funding, $50,000
Consensus to leave as originally budgeted and not to amend this item.
Employee Gift Cards
Consensus to leave as originally budgeted and not to amend this item.
Right of Way Maintenance-Reduce from 18 cuts to 12 cuts: $95,000
Commissioner Hood. seconded bv Commission Anderson moved to amend the
adopted tentative budaet by reducina $95.000 from the road pavina proaram line
item. Motion carried 5-0.
Holiday Light Decorations $40,000
Consensus to leave as originally budgeted and not to amend this item.
Page 10
Landscaping (reduce from 18 to 12 per year $70,000
Consensus to leave as originally budgeted and not to amend this item.
Commissioner Keller asked Finance Director Horton for what she has for the calculated millage
rate now, because he is showing 4.2725, which puts them at the super majority vote and if that is
correct he would just like to leave everything else alone. Finance Department advised they have
the same millage.
City Attorney Rosenthal recapped the amendments (reductions) to the budget
$75,000 soccer field lighting
$24,000 reconfiguring the police department
$40,000 OGTV
$97,500 police officers new (hiring at mid-year)
$145,000 projects capital contingency
$100,000 road paving
$95,000 ROW maintenance
Finance Director Horton said the millage rate with those changes calculated is 4.3761,
Discussion followed.
Commissioner Keller asked for clarification regarding the Health Clinic reducing the costs next
year. Commissioner Anderson said the employees' costs will be reduced right away when they
use the clinic, but next year the City will save on the premiums. City Manager Frank said it
will lower our experience ratio because of all of the Doctors Appointments will not be calculated
when the re-rate us for next year. Commissioner Keller asked if that is enough to offset the cost
of the clinic. Mr. Frank said HR Director Carnicella is home recovering from surgery but he
would advise that it would will absolutely offset the cost of the clinic.
Finance Director Horton advised that $194,000 would still need to be cut to get to the millage
rate down to 4.2923, requiring a super majority vote.
Commissioner Johnson. seconded bv Commissioner Hood moved to take
-'194.000 from reserves and move it into cash carry forward. Motion carried 5-0.
9:36 p.m. RECESS to recomputed the proposed millage rate and rolled-back percentage
increase, if required.
9:45 p.m. REURN FROM RECESS
Commissioner Keller. seconded bv Commissioner Anderson moved to move an
additional $1000 (for a total of $195.000l from reserves into cash carry forward.
Motion carried 5-0.
Page 11
B. Announcement by Director of Finance of the recomputed proposed final millage rate and the
percent by which the recomputed proposed millage rate exceeds the rolled-back rate. This
percentage is the proposed final percentage increase in property taxes.
City Attorney Rosenthal said the proposed final millage is 4.2919 mills which represents a
.0082% reduction in millage over the rollback rate of 4.2923 mills.
1. Motion to adopt Ordinance setting final millage rate.
Commissioner Keller. seconded bv Commissioner Anderson moved to adopt
Ordinance No. 2007-023, settina a Final Millaae Rate at 4.2919 mills for Fiscal Year
2007 -2008.
City Attorney Rosenthal read the title of the Ordinance:
ORDINANCE NO. 2007-023
AN ORDINANCE OF THE CITY OF OCOEE, FLORIDA,
ESTABLISHING A MILLAGE RATE FOR AD VALOREM TAXES
BEGINNING OCTOBER 1, 2007, AND ENDING SEPTEMBER 30,2008,
STATING THE PERCENTAGE BY WHICH THE MILLAGE RATE
EXCEEDS THE ROLLED-BACK RATE COMPUTED PURSUANT TO
SECTION 200.065 FLORIDA STATUTES, PROVIDING FOR MILLAGE
ADJUSTMENT; PROVIDING FOR COLLECTION OF TAXES;
PROVIDING FOR SEVERABILITY; PROVIDING FOR AN EFFECTIVE
DATE.
City Attorney Rosenthal announced the name of the taxing authority is the City of Ocoee. The
roll back millage rate is 4.2923 mills. The percentage by which the proposed millage rate is
below the rolled back rate is .0082%. The millage rate proposed by the ordinance is 4.2919
mills.
a. Comments by Citizens
Mayor Vandergrift opened the Public Hearing. There were no comments and the Public
Hearing was closed.
b. Comments by Commissioners
No further comments from the Commission.
City Manager Frank asked the Commission to vote on the changes to the Capital Project
Budget Request, that was page 6 of the Agenda Packet with regard to Road Impact Fees.
He said the net effect is a reduction of $50,000.
Mayor Vandergrift opened the Public Hearing. There were no comments and the Public
Hearing was closed.
Commissioner Keller. seconded bv Commissioner Anderson moved to accept
the chanaes to the Capital Proiect Budaet Reauest as recommended bv staff.
Motion carried 5-0.
Page 12
J
c. Vote on motion to adopt Ordinance setting the final millage rate.
V ote was taken on the motion to adopt Ordinance 2007-023.
Motion carried 5-0
2. .~ Motion to_adopt Qrdinance adopting fin~!J)}l!lget.
Commissioner Keller. seconded bv Commissioner Anderson moved to adopt
Ordinance No. 2001-024. adoptina the Final Budaet for Fiscal Year 2001-2008.
a. Comments by Citizens.
None
b. Comments by Commissioners.
None
c. Vote on motion to adopt Ordinance adooting the final budget.
City Attorney Rosenthal read the title of the Ordinance.
Vote was taken on motion to adopt Ordinance 2007-024. Motion carried 5-0.
The ordinance, as adopted, carried the following title.
ORDINANCE NO. 2007-024
AN ORDINANCE OF THE CITY OF OCOEE, ORANGE COUNTY
FLORIDA, ADOPTING A FINAL BUDGET FOR THE FISCAL YEAR
BEGINNING OCOTOBER 1, 2007, AND ENDING SEPTEMBER 30, 2008;
PROVIDING FOR SEVERABILITY; PROVIDING FOR AN EFFECTIVE
DATE.
I c. Announcement by Mayor Vandergrift of end of budget public hearing.
Mayor Vandergrift announced the conclusion of the Final Budget Public Hearing.
I III. ADJOURNMENT
The meeting adjourned at 9:52 p.m.
)
Attest:
APPROVED:
City of Ocoee
~~~
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L
CITY OF OCOEE
FISCAL YEAR 2007-2008
ANNUAL BUDGET WORKBOOK
REVENUE SUMMARY
Fund: Operating Funds
REVENUE FY 04-05 FY 05-06 FY 06-07 FY 06-07 FY 07-08
:
DESCRIPTION ACTUAL ACTUAL BUDGETED PROJECTED PROPOSED
General Fund (001) 26,399,948 30,936,560 43,195,750 31,022,380 32,949,265
Stormwater Utilitv Fund (103) 1,684,838 1,844,675 2,567,040 2,483;790 2,336,970
Water/Wastewater Utilitv Fund (401) 6,912,759 8,151,029 7,966,060 8,065,895 8,553,360
Solid Waste Utility Fund (402) 1,795,421 2,856,189 2,410,435 2,350,495 2,697,750
TOTAL REVENUES 36,792,966 43,788,453 56,139,285 43,922,560 46,537,345
I I I
1
1
CITY OF OCOEE
FISCAL YEAR 2007-2008
ANNUAL BUDGET WORKBOOK
EXPENDITURES SUMMARY
ALL FUNDS
SUMMARY EXPENDITURES
FY 03-04 FY 04-05 FY 05-06 FY 06-07 FY 07-08
DIVISION ACTUAL ACTUAL ACTUAL BUDGET PROPOSED
001 GENERAL FUND
511-00 City Commission 174,684 176,057 163,406 171,630 193,165
512-00 City Manaqer 242,409 265,008 363,388 427,045 447,460
512-01 Community Relations 330,603 285,341 219,252 303,130 284,915
512-10 City Clerk 277,786 263,488 301,649 281,085 267,865
513-00 Finance 670,145 710,783 784,221 779,105 784,765
513-20 Information Systems 307,124 304,058 312,816 333,660 351,260
513-30 Human Resources 379,909 432,361 472,195 483,440 508,200
514-00 Leqal 272,493 196,000 149,950 243,550 230,000
515-00 Plannina 577,697 597,978 577,131 636,635 556,435
516-00 General Government Services 2,292,461 3,371,561 3,602,279 17,765,221 7,725,135
517 -00 Public Works Administration 320,167 192,745 282,563 278,195 264,825
519-00 Facilities Operations 300,680 424,453 1,062,379 580,325 658,860
519-10 Facilities Maintenance - Janitorial 53,505 0 0 0 0
521-00 Police 5,491,828 5,722,229 6,254,697 6,407,930 6,790,690
522-00 Fire 3,988,525 4,243,842 4,470,664 4,269,945 4,424,635
524-00 BuildinQ 1,038,336 1,164,289 1,233,754 1,411,645 1,466,790
529-00 Communications 673,195 657,178 662,713 696,420 731,665
539-00 Cemetery 2,389 310 14,666 26,135 30,135
541-10 Street Operations 175,849 1,245,835 2,424,955 3,418,219 2,605,880
541-20 RiQht of Way Maintenance 1,302,932 406,816 459,283 0 0
541-40 Fleet Maintenance 0 148,978 309,697 1,265,005 1,178,795
546-00 EnQineering 356,272 542,552 589,963 760,755 763,185
I
572-00 Recreation 897,173 900,438 1,060,985 1,208,595 1,246,960
572-10 Parks 873,917 944,995 878,508 1,448,080 1,437,645
Total General Fund Expenditures 21,000,078 23,197,295 26,651,114 43,195,750 32,949,265
2
CITY OF OCOEE
FISCAL YEAR 2007-2008
ANNUAL BUDGET WORKBOOK
EXPENDITURES SUMMARY
ALL FUNDS
SUMMARY EXPENDITURES
FY 03-04 FY 04-05 FY 05-06 FY 06-07 FY 07-08
DIVISION ACTUAL ACTUAL ACTUAL BUDGET PROPOSED
103 STORMWATER UTILITY FUND
538-20 I Stormwater Operations 1,127,799 1,627,167 1,530,969 2,567,040 2,336,970
Total Stormwater Fund Expenditures 1,127,799 1,627,167 1,530,969 2,567,040 2,336,970
I
401 WATERiWASTEWATER UTILITY FUND
WaterlWastewater Administration 15,114 0 0 I 965,300
531-00 ; 1,097,895
533-00 Water Operating 3,409,785 2,691,605 2,998,141 3,743,875 3,697,765
535-00 Wastewater Operating 2,435,684 2,956,079 I 3,379,027 3,124,291 3,890,295
Total WaterlWastewater Fund Expenditures 5,860,582 5,647,684 6,377,168 7,966,061 8,553,360
I
402 SOLID WASTE UTILITY FUND
534-1 0 Sanitation 2,119,773 1,730,763 2,385,122 2,410,435 2,697,750
534-20 Solid Waste - Recycling 103,968 0 0 0 0
534-39 Solid Waste - Yard Waste 176,119 0 0 0 0
534-40 Solid Waste - Fleet Maintenance 126,198 0 0 0 0
Total Solid Waste Fund Expenditures 2,526,058 1,730,763 2,385,122 2,410,435 2,697,750
I
i
TOTAL EXPENDITURES 30,514,518 32,202,909 36,944,373 56,139,286 46,537,345
3
CITY OF OCOEE
FISCAL YEAR 2007-2008
ANNUAL BUDGET WORKBOOK
REVENUE SUMMARY
Fund: Other Funds
:
REVENUE FY 04-05 FY 05-06 FY 06-07 FY 06-07 FY 07-08
DESCRIPTION ACTUAL ACTUAL BUDGETED PROJECTED PROPOSED
Road Imoact Fund (106) 2,696,401 3,698,470 6,352,060 3,606,880 3,250,000
Fire Impact Fund (107) 397,786 488,401 1,099,890 921',850 911,465
Police Impact Fund (108) 216,997 349,729 453,390 325,875 341,955
Recreation Impact Fund (110) 466,695 1,047,747 2,133,790 1,352,875 1,390,635
Water Capital Fund (404) 531,573 741,269 821,925 1,399,475 1,209,375
Wastewater Capital Fund (405) 1,446,178 2,128,832 2,299,265 3,876,405 3,270,335
I
TOTAL REVENUES 5,755,630 8,454,449 13,160,320 I 11,483,360 10,373,765
I I I I
4
CITY OF- OCOEE
FISCAL YEAR 2007-2008
ANNUAL BUDGET WORKBOOK
EXPENDITURES SUMMARY
OTHER FUNDS
SUMMARY EXPENDITURES
FY 03-04 FY 04-05 FY 05-06 FY 06-07 FY 07-08
ACTUAL ACTUAL ACTUAL BUDGET PROPOSED
106 Road Impact Fund 1,859,204 2,698,462 2,871,629 6,352,060 3,250,000
107 Fire Impact Fund 1,584,963 278,694 267,000 1,099,890 911,465
108 Police Impact Fund 64,483 154,059 234,315 453,390 341,955
110 Recreation Impact Fund 50,000 46,294 1,063,422 2,133,790 1,390,635
404 Water Capital Fund 1,084 205,545 126,000 821,925 1,209,375
405 Wastewater Capital Fund 498,141 372,000 372,000 2,299,265 3,270.335
Total Expenditures 4,057,875" 3,755,054 4,934,366 13,160,320 10,373.765
I I I I
5
City of Ocoee
Annual Budget FY 2007/2008
Changes to Capital Project Budget Request
Road Impact Fund (net effect is a reduction of $50,000)
$200,000 West Rd. turn lanes (developer agreement commitment)
$250,000 White Rd. at Clarke Rd. westbound-to-northbound right-turn lane construction
(deferred project from FY 2005)
($400,000) Maguire Rd. Phase 5 property acquisition (moved to eRA Fund budget)
($100,000) Palm Dr. realignment design (deferred two years)
6
-
r
ORDINANCE NO. 2007-023
AN ORDINANCE OF THE CITY OF OCOEE, FLORIDA,
ESTABLISHING A MILLAGE RATE FOR AD VALOREM TAXES
FOR THE CITY OF OCOEE FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 2007, AND ENDING SEPTEMBER 30,
2008, STATING THE PERCENTAGE, BY WHICH THE MILLAGE
RA TE EXCEEDS THE ROLLED-BACK RA TE COMPUTED
PURSUANT TO SECTION 200.065, FLORIDA STATUTES;
PROVIDING FOR MILLAGE ADJUSTMENT; PROVIDING FOR
COLLECTION OF TAXES; PROVIDING FOR SEVERABILITY;
PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City of Ocoee, Florida, has received the report of the Orange County
Property Appraiser stating the amount of assessed values which he has certified to the Florida
Department of Revenue for non-exempt real and tangible personal property within the City for
the year 2007; and
WHEREAS, in order to provide the revenue necessary for the operation of the City for
its Fiscal Year beginning October 1, 2007, and ending September 30, 2008, the City Commission
of the City of Ocoee has determined the rate of ad valorem tax levy that must be assessed for the
year 2007; and
WHEREAS, pursuant to Section 200.065(5), Florida Statutes, the City Commission
intends that the millage when applied to the extended tax roll will generate the same tax revenue
as when applied to the Certification of Taxable Value prepared by the Orange County Property
Appraiser on June 27, 2007; and
WHEREAS, the provisions of Chapter 200 of the Florida Statutes prescribing the
method of fixing millage have been complied with.
NOW, THEREFORE, BE IT ENACTED BY THE CITY COMMISSION OF THE
CITY OF OCOEE, FLORIDA AS FOLLOWS:
SECTION 1. Authoritv. The City Commission of the City of Ocoee has the authority to
adopt this Ordinance pursuant to Article VITI of the Constitution of the State of Florida and
Chapters 166 and 200, Florida Statutes.
SECTION 2. Millae:e Levv. The City Commission of the City ofOcoee hereby adopts,
establishes and levies a millage rate for ad valorem taxation of real and business personal
property within the City of Ocoee, Florida, for the fiscal year beginning October 1, 2007, and
ending September 30, 2008, at the rate of $ per $1,000.00 of assessed valuation.
SECTION 3. Percentae:e Increase. Over Rolled-Back Rate. The millage rate, as
herein levied, exceeds the rolled-back rate computed pursuant to Section 200.065, Florida
Statutes, by %, such percentage increase being characterized as the percentage increase
in property taxes adopted by the City Commission of the City of Ocoee.
SECTION 4. Millae:e Adiustment. The City Commission hereby authorizes the City
Manager to administratively provide the Property Appraiser with the millage adjustment,
pursuant to his report of the aggregate change in the assessment roll as provided for by Section
200.065(5), Florida Statutes.
SECTION 5. Collection of Taxes. The tax shall be collected by the Orange County Tax
Collector, subject to discounts prescribed by law, and distributed to the City in accordance with
Florida law.
SECTION 6. Severability. If any section, subsection, sentence, clause, phrase or
portion of this Ordinance is for any reason held invalid or unconstitutional by any court of
competent jurisdiction, such portion shall be deemed a separate, distinct and independent
provision and such holding shall not affect the validity of the remaining portion hereto.
2
~
f
SECTION 7. Effective Date. This Ordinance shall become effective immediately upon
passage and adoption.
PASSED AND ADOPTED this 24th day of September, 2007.
Attest:
APPROVED:
City of Ocoee, Florida
Beth Eikenberry, City Clerk
S. Scott Vandergrift, Mayor
FOR USE AND RELIANCE ONLY BY
THE CITY OF OCOEE, APPROVED
AS TO FORM AND LEGALITY, THIS
24th DAY OF SEPTEMBER, 2007.
APPROVED BY THE OCOEE CITY
COMMISSION AT A MEETING
HELD ON THE ABOVE DATE
UNDER AGENDA ITEM NO.
FOLEY & LARDNER LLP
By:
City Attorney
3
ORDINANCE NO. 2007-024
AN ORDINANCE OF THE CITY OF OCOEE, ORANGE
COUNTY, FLORIDA, ADOPTING A FINAL BUDGET FOR
THE FISCAL YEAR BEGINNING OCTOBER 1, 2007, AND
ENDING SEPTEMBER 30, 2008; PROVIDING FOR
SEVERABILITY; PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City Manager of the City of Ocoee, Florida has submitted an
estimate of the expenditures necessary to carry on the City Government for the Fiscal
Year beginning October 1, 2007, and ending September 30, 2008; and
WHEREAS, the estimated revenues to be received by the City during said
period from Ad Valorem taxes and other sources has been submitted to the City
Commission; and
WHEREAS, all applicable legal requirements pertaining to public notices and
hearings have been satisfied within specified deadlines and prior to final adoption of this
Ordinance; and
WHEREAS, the City Commission has, in meeting duly assembled, examined
and carefully considered the proposed budget.
NOW, THEREFORE, BE IT ENACTED BY THE CITY COMMISSION
OF THE CITY OF OCOEE, FLORIDA, AS FOLLOWS:
SECTION 1. Authoritv. The City Commission of the City of Ocoee has the
authority to adopt this Ordinance pursuant to Article VIII of the Constitution of the State
of Florida and Chapters 166 and 200, Florida Statutes.
SECTION 2. Adoption of Final Budl!et. Attached hereto as Schedule "A" and
incorporated herein by reference is the final budget for the City of Ocoee for the Fiscal
Year beginning October 1, 2007, and ending September 30, 2008, said final budget
being hereby confirmed, adopted and approved in all respects by the City Commission of
the City of Ocoee.
SECTION 3. Appropriations. There are hereby expressly appropriated out of
anticipated revenues all funds and monies necessary to meet the appropriations
stipulated by and in said final budget as amended.
SECTION 4. Severability. If any section, subsection, sentence, clause, phrase
or portion of this Ordinance is for any reason held invalid or unconstitutional by any
court of competent jurisdiction, such portion shall be deemed a separate, distinct and
independent provision and such holding shall not affect the validity of the remaining
portion hereto.
SECTION 5. Effective Date.
This Ordinance shall become effective
immediately upon passage and adoption.
PASSED AND ADOPTED this 24th day of September 2007.
APPROVED:
Attest:
CITY OF OCOEE, FLORIDA
Beth Eikenberry, City Clerk
S. Scott Vandergrift, Mayor
FOR USE AND RELIANCE ONLY
BY THE CITY OF OCOEE
APPROVED AS TO FORM AND
LEGALITY THIS 24th DAY
OF SEPTEMBER 2007.
APPROVED BY THE OCOEE
CITY COMMISSION AT A
MEETING HELD ON THE ABOVE
DA TE UNDER AGENDA ITEM NO.
FOLEY AND LARDNER LLP
By:
City Attorney
2
BUDGET HEARING 9/24/07
Tentative Millage Rate
Adopted Tentative Millage on 9/13/07
Changes since 9/24/07:
Delete Soccer field lights (no grant for remainder)
Reconfigure City Hall/Police Department (Not needed)
(75,000.00)
(24,000.00)
Adjusted Tentative Millage Rate
Hearing Discussions:
(Possible Reductions to Current Adopted Millage Rate)
Ocoee TV (reduce TV coverage to commission meetings only. DelE
Health Insurance- Clinic
Decrease City Share of Familty Healthcare from 70% to 60%
Reduce Contingency from $100,000 to $50,000
Reduce Funding for Central Park to $200,000
Police Officers (3) - new
PT Fire Inspector
Neighborhood Matching Grants Program
Community Promotion Funding
Community Merit Awards Program
Ocoee High School Donation
Charter Schools
Projects (Capital Contingency)
Traffic Calming Citywide
ReRoof Vignetti
Reduce Road Paving Program to $200,000
Delete Seniors Program
Reduce or Delete Founders Day Funding
Employee Gift Cards
ROW Maintenance (reduce from 18 to 12 cuts a year)
Holiday Light Decorations
Landscaping (reduce from 18 to 12 a year)
(40,000.00)
(240,000.00)
(186,984.00)
(50,000.00)
(100,000.00)
(195,000.00)
(20,000.00)
(20,000.00)
(15,000.00)
(30,000.00)
(25,000.00)
(15,000.00)
(145,000.00)
(40,000.00)
(22,500.00)
(100,000.00)
(78,000.00)
(50,000.00)
(17,500.00)
(95,000.00)
(40,000.00)
(70,000.00)
(1,594,984.00)
Additional Revenues:
Add Fire Service Fee
(1,100,000.00)
Revised Millage Rate
Millage Rate Legislative Requirements
Vote Reauired
Rate Level
Majority vote
~ 4.0777
Supermajority vote
4.0778 - 4.2923
Unanimous Vote
4.2924 - 4.6295
ViS-\y\bLl~ q-)lf-D7
4.6251
-0.0324
-0.0104
4.5823
-0.0173
-0.1037
-0.0808
-0.0216
-0.0432
-0.0842
-0.0086
-0.0086
-0.0065
-0.0130
-0.0108
-0.0065
-0.0626
-0.0173
-0.0097
-0.0432
-0.0337
-0.0216
-0.0076
-0.0410
-0.0173
-0.0302
3.8935
-0.4751
3.4184
Tentative Millaae Rate
Proposed Budget balanced at
Recommended adjustments to proposed budget:
Legal Fees - CRA transfer
Reimbursement to GF - initial costs
Coke Property principal refinance
Police vehicles- 4 year lease vs purchase
Increases to Revenues
Cash Carryforward recalculated based on 4th quarter
Adjusted millage rate
Workshop Discussions:
Fire Service Fee Removed
Remove proceeds for Centex Land Sale (Coke Property)
Health Insurance #3769 (HRA w/co-pays)
Health Insurance- Clinic
Police Officers (3) - new
Increase funding for Central Park ( total of $300,000)
PT Fire Inspector
Police Portable Message Board (Grant $25,000)
Increase funding for Human Relations Diversity Board
Ocoee High School
Charter Schools
Projects
Adopted Tentative Millage Rate 9/13/07
Millage Rate Legislative Requirements
Vote Reauired
Majority vote
Supermajority vote
Unanimous Vote
Budget Hearing 9/13/07
(75,000.00)
(104,323.70)
(835,000.00)
(75,000.00)
(43,000.00)
(386,649.00)
1,100,000.00
790,000.00
145,000.00
240,000.00
195,000.00
100,000.00
20,000.00
10,000.00
1,500.00
25,000.00
15,000.00
145,000.00
Rate Level
~ 4.0777
4.0778 - 4.2923
4.2924 - 4.6295
4.0777
-0.0324
-0.0451
-0.3606
-0.0324
-0.0186
-0.1670
0.4751
0.3412
0.0626
0.1037
0.0842
0.0432
0.0086
0.0043
0.0006
0.0108
0.0065
0.0626
4.6251
))i~,wJed Q-d'1-07
Tentative MillaQe Rate
Proposed Budget balanced at
Recommended adjustments to proposed budget:
Legal Fees - CRA transfer
Reimbursement to GF - initial costs
Coke Property principal refinance
Police vehicles- 4 year lease vs purchase
Increases to Revenues
Cash Carryforward recalculated based on 4th quarter
Adjusted millage rate
Workshop Discussions:
~ire Service Fee Removed
Remove proceeds for Centex Land Sale (Coke Property)
Health Insurance #3769 (HRA w/co-pays)
Health Insurance- Clinic
olice Officers (3) - new
Increase funding for Central Park ( total of $300,000)
PT Fire Inspector
Police Portable Message Board (Grant $25,000)
Increase funding for Human Relations Diversity Board
Millage Rate Legislative Requirements
Vote Required
Majority vote
Supermajority vote
Unanimous Vote
---r:>\ STR \ 6\.A1E\) Q-13-o 7
4.0777
(75,000.00)
(104,323.70)
(835,000.00)
(75,000.00)
(43,000.00)
(386,649.00)
-0.0324
-0.0451
-0.3606
-0.0324
-0.0186
-0.1670
3.4217
1,100,000.00 0.4751 3.8968
790,000.00 0.3412 4.2379
145,000.00 0.0626 4.3006
240,000.00 0.1037 4.4042
195,000.00 0.0842 4.4884
100,000.00 0.0432 4.5316
20,000.00 0.0086 4.5403
10,000.00 0.0043 4.5446
1,500.00 0.0006 4.5452
4.5452
Rate Level
~ 4.0777
4.0778 - 4.2923
4.2924 - 4.6295
MAX 4.6295
Contingency Balances
General Fund
Contingency - beginning amount $210,000
Senior Citizens Program $85,000
Commissioner Projects $25,000
General Fund
Contingency - actual budget $295,000 $25,000 $320,000
10/3 Ad for West Side Vo-Tech ($400)
10/3 Golf Tournament (Founders Day) ($240)
10/3 Banners for Crown Point
Parkway ($9,384)
10/17 Funding for the Seniors
Program ($77,100)
11/7 - Donation for Ocoee Bull Dogs ($3,000)
1/21/06 - Ocoee HS Dance Club ($2,500)
11/21/06 - WOHS Band ($3,000)
11/21/06 - Orange County Falcons ($500)
12/5/06 - Victory Christian Academy
yearbook ad ($150)
1/16/07 - Ocoee HS Drama Club ($500)
1/16/07 - West Orange Chamber
Champions Gala ($960)
1/16/07 - West Orange Airport
Authority ($40,000)
2/20/07 - Elks Annual Charity Ball
Sponsorship ($1,000)
2/20/07 - MVP Awards ($7,920)
2/20/07 - CMA Awards ($4,480)
Contingency balance $168,516 $350 $168,866
Page 1
\.
Prepared:3/6/2007 5:48 PM
Contingency Balances
WaterlWastewater Fund
W aterlW astewater contingency
Contingency - actual budget
$46,965
$46,965
Contingency - ending balance
$46,965
Page 3
$0
$0
$46,965
$46,965
Prepared:3/6/2007 5:48 PM