[1. CALL TO ORDER] [00:00:11] >> GOOD EVENING FOLKS AND WELCOME TO OUR SEPTEMBER THIRD REGULARLY SCHEDULED SPECIAL MEETING FOR THE BUDGET. >> MAYOR ANTUN, VICE PRESIDENT AYSCUE, COMMISSIONER POYNTER, COMMISSIONER TUTEN, COMMISSIONER MINSHEW. >> PLEASE STAND FOR THE PLEDGE OF ALLEGIANCE. >> I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA, AND TO THE REPUBLIC FOR WHICH IT STANDS, ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL. [4.1 TRUTH IN MILLAGE STATEMENT (TRIM NOTICE)] >> YOU MAY BE SEATED AND WE WILL MOVE TO ITEM 4.1, OUR TRUTH AND MILLAGE STATEMENT. >> THANK YOU COMMISSIONERS WE ARE GOING TO START OFF TONIGHT READING OUR TRIM STATEMENT THIS IS A REQUIRED BY FLORIDA STATUTE AFTER THAT WE WILL GO TO THE PUBLIC HEARING ON MILLAGE RATE AND THE PUBLIC HEARING ON THE BUDGET. THE TRUTH IN MILLAGE STATEMENT READS PRIOR TO ADOPTION OF THE RESOLUTION WITH WHICH THE PROPERTY TAX MILITARY AND EXPENDITURES CHAPTER 200.0652 FLORIDA STATUTES REQUIRES THAT THE FOLLOWING STATEMENT BE PUBLICLY ANNOUNCED. THE TAXING AUTHORITY LEVYING THIS PROPERTY TAX IS THE CITY OF THE -- CITY COMMISSIONER THE CITY OF FERNANDINA BEACH. THE ROLLED BACK RATE IS 4.4425 MILS PER $1000 OF ASSESSED VALUE. THE PERCENTAGE INCREASE IS 9.24% OVER THE BACKED MILITARY. TO BE LEVIED IS 4.8530 MILLS PER 1000 OF ASSESSED VALUE. [4.2 PROPOSED MILLAGE RATE — RESOLUTION 2026-115 DECLARING AS REQUIRED BY SECTION 200.065, FLORIDA STATUTES, THE PROPOSED MILLAGE RATE FOR FISCAL YEAR 2026-2027; AUTHORIZING ADMINISTRATIVE CORRECTION OF SCRIVENER’S ERRORS; AND PROVIDING FOR AN EFFECTIVE DATE. Synopsis: Adopts the proposed millage rate of 4.8530 for Fiscal Year 2026/2027.] FOLLOWING THAT WE WILL MOVE INTO CONSIDERATION OF RESOLUTION 2026-115 WHICH IS A RESOLUTION ADOPTING THE TENTATIVE MILITARY -- THE MILLAGE. AT THE LAST WORKSHOP THE COMMISSIONER SAID THAT BE SENT AT 4.830 MILLS AND THAT IS WHAT WAS ADVERTISED I HAVE GONE OUT TO THE COMMUNITY. YOU CAN ADDRESS THAT NOW IF YOU CHOOSE AFTER THE PUBLIC HEARING, YOU WILL HAVE ANOTHER OPPORTUNITY TO ADOPT A FINAL MILLAGE ON SEPTEMBER 19TH. I WILL TURN IT BACK OVER TO THE COMMISSIONER BECAUSE WE REQUIRE TO DO THE MILLAGE FIRST AND THEN THE BUDGET SECOND BUT TECHNICALLY I THINK ONCE YOU OPEN THE PUBLIC HEARING IT STAYS OPEN SO IF YOU WANT TO CALL ME BACK UP AND HAVE FURTHER TIME WE WILL GIVE YOU THAT. >> MAYOR ANTUN: THANK YOU MISS CAMPBELL. ANY QUESTIONS? >> DO YOU HAVE A PRESENTATION? >> YES, MA'AM, I WAS GOING TO DO IT UNDER 4.3 BUT I CAN DO IT NOW IT'S MAINLY FOCUSED ON THE BUDGET. >> MAYOR ANTUN: IF THERE'S ANYONE FROM THE AUDIENCE THAT WISHES TO SPEAK, ITEM FIVE IS OUR PUBLIC COMMENT. >> I HAVE A QUESTION. WE SAID THIS HEIGHT MILLAGE RATE BECAUSE WE GET RID OF PAID PARKING, HOW ARE WE MAKING A DECISION ON IT BEFORE WE MAKE THE DECISION ON WHAT WE'RE DOING WITH THE BUDGET? >> THIS IS A PROPOSED RATE AND AFTER THE BUDGET YOU CAN AT THE SEPTEMBER 15TH ADJUSTED AND MISS CAMPBELL MIGHT HAVE SOME MORE. >> IF YOU PREFER, I CAN JUST GO STRAIGHT INTO THE PRESENTATION, YOU JUST HAVE TO MAKE THE DECISION ABOUT THE MILLAGE BEFORE YOU MAKE THE DECISION ABOUT THE BUDGET BUT I CAN DO THAT PRESENTATION NOW AND THEN THE PUBLIC HEARING DOES NEED TO BE OPEN FOR 4.2, AND 4.3 AND STAY OPEN THAT WHOLE TIME SO THE PUBLIC CAN COMMENT ON THE MILLAGE AND CAN COMMENT ON THE BUDGET. >> THE MILLAGE IS WHAT WOULD ALLOW, IF WE DON'T VOTE FOR AN ACTIVE MILLAGE RATE, CERTAIN THINGS IN OUR BUDGET WOULD HAVE TO BE STRICKEN. >> WE'RE NOT GOING TO MAKE A MOTION, I MOVE THAT WE ACCEPT THE 4.8530 SINCE WE ELIMINATED PAID PARKING. >> SECOND. >> MAYOR ANTUN: ADDITIONAL COMMISSION DISCUSSION AND THEN I WILL OPEN PUBLIC HEARING. >> I DO HAVE COMMENTS IF IT'S APPROPRIATE TO DO NOW I WANT TO BE REALLY CLEAR ABOUT WHY I'M SUPPORTING THE MILLAGE OF 4.830, THIS IS NOT ABOUT FINDING ANOTHER $1.5 MILLION TO SPEND, THIS IS ABOUT WHETHER THIS COMMISSION IS WILLING TO LOOK BEYOND THE NEXT 12 MONTHS AND PREPARE FOR WHAT MIGHT BE COMING. THE CITY MANAGER HAS ORIGINALLY PRESENTED US THE BALANCED BUDGET [00:05:05] AT 4.5, AND I CERTAINLY RESPECT THAT WORK. BUT BALANCING THIS YEAR'S BUDGET IS REALLY ONLY PART OF OUR RESPONSIBILITY. OUR RESPONSIBILITY IS TO PROTECT THE LONG TERM FINANCIAL STABILITY OF FERNANDINA BEACH. WE HAVE SOME VERY LARGE WARNING SIGNS IN FRONT OF US. FIRST, THE VOTERS HAVE SPOKEN ON PAID PARKING, WE NEED TO RESPECT THAT DECISION BUT ELIMINATED PAID PARKING DOES NOT ELIMINATE THE INFRASTRUCTURE NEEDS THAT THE ANTACID -- ANTICIPATED REVENUE WAS INTENDED TO ADDRESS. THE WATERFRONT NEEDS TO BE COMPLETED, THE INFRASTRUCTURE STILL NEEDS ATTENTION, OUR FACILITIES STILL NEED INVESTMENT, THESE OBLIGATIONS DO NOT -- DID NOT DISAPPEAR ON ELECTION NIGHT. WE WILL HAVE NEW DEBT SERVICE ON THE SEVEN-POINT AND THE 7 MILLION LINE OF CREDIT THAT WE ESTABLISHED TO PAY FOR THE DEMOLITION OF THE STRUCTURE. SECONDLY AND MORE IMPORTANTLY AMENDMENT THREE WILL ALSO BE ON THE BALLOT. IF APPROVED THE HOMESTEAD EXEMPTION FOR NONSCHOOL PROPERTY TAXES INCREASES DRAMATICALLY BEGINNING IN 2027 AND AGAIN IN 28. IT LOWERS THE ASSESSED GROWTH CAP ON HOMESTEADED PROPERTY. IN OTHER WORDS THE STATE MAY SUBSTANTIALLY REDUCE THE PROPERTY TAX PHASE AVAILABLE TO MUNICIPALITIES AT EXACTLY THE SAME TIME OUR COSTS AND INFRASTRUCTURE OBLIGATIONS CONTINUE TO INCREASE. WE DO NOT KNOW EXACTLY WHAT AMENDMENT THREE WILL COST FERNANDINA BEACH BUT WE KNOW THE POTENTIAL IMPACT IS SIGNIFICANT UPWARDS TO $4 MILLION OR MORE. I HAVE A VERY SIMPLE QUESTION TO ASK THOSE COMMISSION. WHY WOULD WE VOLUNTARILY REDUCE OUR FINANCIAL CAPACITY TODAY WHEN WE KNOW THIS -- SUBSTANTIAL FINANCIAL RISK DIRECTLY IN FRONT OF US? IT DOES NOT MAKE SENSE TO ME. F 5.830 WE WILL COLLECT APPROXIMATELY THE NUMBER LAST TIME I SAW THE BUDGET WAS ABOUT $2 MILLION MORE THAN THE CITY MANAGER'S BUDGET. I DO NOT WANT TO SPEND THAT MONEY ON EXPANDING GOVERNMENT I WANT TO PROTECT IT. PUT IT IN A RESERVE, ASSIGN IT TO INFRASTRUCTURE, USE IT AS A STABILIZATION FUND AGAINST POTENTIAL IMPACT OF AMENDMENT THREE. DO NOT BUILD NEW RECURRING EXPENSES AROUND IT. THERE'S A TREMENDOUS DIFFERENCE BETWEEN COLLECTING MONEY SO WE CAN SPEND MORE AND COLLECTING REVENUE TODAY SO WE DON'T FIND OURSELVES IN A FINANCIAL HOLE TOMORROW. I BELIEVE THE LATTER IS PRUDENT FINANCIAL MANAGEMENT AND LET'S REMEMBER SOMETHING ELSE, IF AMENDMENT THREE DOES NOT PASS WE CAN REVISIT THE MILLAGE RATE NEXT YEAR. IF THE PROPERTY VALUES ARE STRONG WE CAN REVISIT THE MILLAGE RATE NEXT YEAR AND IF OUR RESERVES ARE HEALTHY AND OUR INFRASTRUCTURE OBLIGATIONS ARE FUNDED WE CAN REVISIT THE MILLAGE RATE NEXT YEAR. WE CAN ALWAYS LOWER THE MILLAGE RATE WHEN THE FINANCIAL FACTS SUPPORT DOING THAT BUT ONCE WE LOWER IT AND GIVE OUT THAT REVENUE WE CANNOT COME BACK IN SIX MONTHS AND CHANGE OUR MIND. I DON'T WANT THIS COMMISSION SITTING HERE NEXT SAYING WE KNEW AMENDMENT THREE WAS COMING AND WE KNEW WE HAD SIGNIFICANT INFRASTRUCTURE OBLIGATIONS AND WE KNEW THAT 1.5 MILLION WAS ILLUMINATED FROM THE REVENUE SOURCE, WHY DID WE NOT PREPARE BETTER? THAT WOULD NOT BE RESPONSIBLE. THIS IS NOT ABOUT TAXING BECAUSE WE CAN IT'S ABOUT PREPARING BECAUSE WE SHOULD. I WOULD RATHER HAVE $2 MILLION SITTING SAFELY IN RESERVE NEXT YEAR AND DISCOVER THAN WE DID NOT NEED ALL OF IT AND THEN DISCOVER THAT WE NEEDED $2 MILLION THAT WE CHOSE NOT TO DO. FOR THAT REASON I SUPPORT MAINTAINING THE MILITARY AT 4.5830. I WOULD SUPPORT DOING SO WITH A VERY CLEAR DIRECTION, PROTECT THE ADDITIONAL REVENUE, DO NOT USE IT TO GROW RECURRING REVENUES, SET IT ASIDE TO PROTECT THE COMMUNITY AGAINST THE FINANCIAL CHALLENGES WE KNOW WE'RE COMING. IRRESPONSIBLE CITY COMMISSIONER AND THAT'S RESPONSIBLE BUDGETING. >> THANK YOU COMMISSIONER. >> TO BE CLEAR, THIS MILLAGE RATE, WE CAN LOWER IT SEPTEMBER 15TH? >> CORRECT. >> I HAVE NO OTHER REQUEST TO SPEAK FROM COMMISSION, VICE MAYOR? >> I'VE GOT A BIT OF A DIFFERENT TAKE ON WHAT AMENDMENT THREE BRINGS, AMENDMENT THREE HAS TO PASS WITH A 60% -- AT A 60% CLOSE. [00:10:05] I DON'T KNOW IF THAT IS OR ISN'T GOING TO HAPPEN BUT WHAT I DO KNOW IS I CAN PRETTY MUCH ASSURE YOU IT WILL BE UPWARDS OF 57 OR 58% AT A MINIMUM. THAT'S EVEN INCLUDING HERE IN THE CITY OF FERNANDINA BEACH IF YOU'RE ABLE TO LOOK AT IT. THAT MEANS 57% OF ALL FLORIDIANS AND UPWARDS OF FERNANDINA BEACH CITY RESIDENTS ARE TELLING LOCAL GOVERNMENT TO QUIT -- TO QUIT SPENDING MONEY, THAT'S WHAT THAT MEANS. THAT'S NO DIFFERENT THAN WHAT HAPPENED WITH PAID PARKING WHEN THEY SAID QUIT, DON'T DO PAID PARKING, WE WILL HAVE A VOTE AND SHOW YOU WE DON'T WANT IT TO. THAT'S EXACTLY WHAT'S HAPPENING HERE WITH WHAT'S GOING ON. I'M CHOOSING TO LISTEN TO THEM AND SAY LET'S ROLL THIS BACK, LET'S GIVE BACK SOME MONEY, LET'S GIVE YOU SOME RELIEF AND THEN WE WILL REVISIT NEXT YEAR WHAT WE MAY OR MAY NOT NEED IF AMENDMENT THREE PASSES. I AM MORE IN THE CAMP OF LET'S DO SOMETHING NOW SO THAT WE CAN ACTUALLY LISTEN TO THE CONSTITUENTS WHO ARE GOING TO VOTE FOR THIS THING UPWARDS OF 57% I GUARANTEE YOU. >> THANK YOU, COMMISSIONER MINSHEW. >> IF WE LOWER THE MILLAGE RATE TO DATE YOU KNEECAP YOURSELF NEXT YEAR ABOUT HOW MUCH YOU COULD OR COULD NOT RAISE THE MILLAGE AND IF AMENDMENT THREE PASSES YOU WILL NEED THAT MONEY AND YOU WILL NOT BE ABLE TO GET IT. SO IT MAKES MORE SENSE TO CREATE IT NOW, HOLD THE MONEY IN RESERVE AND THEN IT GIVES YOU FLEXIBILITY NEXT YEAR AND IF THE AMENDMENT DOES NOT PASS THEN WE CAN TAKE THAT MILLAGE RATE DOWN AS MUCH AS WE WANT BUT WHAT THIS IS DOING IS PROVIDING US A LONG TERM STABILITY VIEW OF WHAT THIS CITY NEEDS IN ORDER TO BE ABLE TO FUNCTION. >> THANK YOU COMMISSIONER. >> THE WAY I UNDERSTAND IT IS IF AMENDMENT THREE PASSES WHATEVER WE DO NOW IS OUR BASELINE MOVING FORWARD. SO THAT'S IT. IF WE LOWER IT AND IT PASSES WE ARE REALLY LOW IF WE KEEP FORGETTING THAT WE ARE BORROWING $7 MILLION NOW WE HAVE TO SPEND TO TAKE DOWN THIS. THIS IS A COST WE ARE INCURRING NOW, THIS ISN'T A GUESS. WE NEED THOSE DOLLARS AND IF IT DOESN'T PAY US AND STUFF I WOULD LIKE TO PAY DOWN THAT LINE OF CREDIT AS QUICK AS WE CAN. TO ME THAT IS WHAT IS PRUDENT. BUT TO ROLL THIS THING BACK WHEN WE ALREADY KNOW WE'VE ELIMINATED A REVENUE STREAM THAT COULD HAVE GONE OFF IN THE NEXT 30 YEARS, WE'VE ELIMINATED THAT, AND WE HAVE THESE EXPENSES THAT WE ARE LOOKING AT RIGHT NOW. THIS ISN'T A NEW PROJECT THAT WE ARE THINKING ABOUT DOING NEXT YEAR AND WE WANT SOME MONEY FOR IT, WE ARE ALREADY ON THE HOOK FOR THIS AND THAT'S GOT TO GET PAID. AND WE HAVE TO PAY IT. I'M TOTALLY IN FAVOR OF DOING WHAT WE SAID AT THE BEGINNING, WE NEED THE REVENUES TO START DOING THESE THINGS AND THIS IS IT BUT I DO AGREE THAT THIS IS NOT TO EXPAND GOVERNMENT BUT IS TO TAKE CARE OF THE INFRASTRUCTURE AND THE STUFF THAT WE DESPERATELY NEED. >> THANK YOU COMMISSIONER. >> MAYOR ANTUN: NO OTHER REQUESTS TO SPEAK I WOULD LIKE TO OPEN THE PUBLIC HEARING, IF YOU WOULD LIKE TO SPEAK PLEASE SUBMIT ONE AFTER YOU APPROACH THE PODIUM. >> THANK YOU, SIR. MR. MARTIN I. HAVE YOU FOR 4.3, DO YOU WANT TO WAIT TILL THAT ITEM? >> I WOULD LIKE TO SPEAK NOW. >> HOPEFULLY TAKE THAT INTO CONSIDERATION. >> NAME AND ADDRESS. >> ROGER MARTIN 1517 ATLANTIC AVENUE. GOOD EVENING, IN MY HOUSE WE HAVE WHAT WE CALL ROGER ISMS, ONE OF MY FAVORITE IS YOUR PART OF THE PROBLEM OR YOU ARE PART OF THE SOLUTION. MY KIDS ARE NOT REALLY FOND OF IT. LET'S START WITH HOW DID WE GET HERE AND WHY IS AMENDMENT THREE SO SCARY. THE FRAGILE ECONOMY, EVERY ECONOMY MATTERS. CITIZENS HAVE SAID ENOUGH IS ENOUGH CUT TAXES. OVER THE LAST 12 YEARS THE CITY'S TAXABLE PROPERTY VALUES HAVE GROWN FROM 1.7 BILLION TO 5.1 BILLION, NEARLY 10% ANNUALLY EVERY SINGLE YEAR. [00:15:01] THAT IS NOT JUST A ONE OFF. THAT GROWTH HAS OUTPACED INFLATION AND THE CITY HAS BENEFITED TREMENDOUSLY. THE CURRENT PROJECTION IS ANOTHER $4 MILLION IN TAX RECEIPTS AND PEOPLE ARE ASKING WHEN IS ENOUGH ENOUGH. EXEMPTIONS -- PEOPLE SAY EXEMPTIONS PREVENT THE CITY FROM LOWERING TAXES BUT I WANT YOU TO THINK ABOUT THE NUMBERS I'M ABOUT TO TELL YOU AN AVERAGE OF 441 HOMES WITHIN THE CITY LIMITS ARE SOLD EACH YEAR, SOME ARE HOMESTEADED MOST ARE NOT. WHEN PROPERTY SELL THEY ARE REASSESSED ON AVERAGE AT APPROXIMATELY 85% OF THEIR SALES PRICE SO WHAT HAD VALUES DONE? THE AVERAGE VALUE OF THOSE HOMES HAS INCREASED FROM $350,000 IN FISCAL YEAR 1617 TO 750-3000 IN 25, 26. AS HOMES SELL ARE NOT REASSESSED THE CITY'S TAXABLE REVENUE WILL GROW. IF AMENDMENT THREE PASSES AND I BELIEVE IT WILL HAVE A TREMENDOUS EFFECT ON PROPERTY VALUES AND SALES FOR THE REAL ESTATE MARKET COULD BECOME EXTREMELY ACTIVE AS A REALTOR I AM ALREADY SEEING SIGNS OF THAT ACTIVITY. THE PUBLIC HAS ONLY SEEN ONE BUDGET, THE CITY MANAGER DID A GREAT JOB TUESDAY AT HER WORKSHOP ON AMENDMENT THREE, SHE SAID THAT IF DIRECTED SHE COULD CUT 5% FROM THE BUDGET. NOT HYPOTHETICALLY BUT IN REALITY. SHOW US THE CURRENT WISH LIST BUDGET AND A CLEAR LIST OF WHAT WOULD BE REMOVED TO ACHIEVE A 5% REDUCTION. TRANSPARENCY. COMMISSIONER MINSHEW SAID EVERY COMMISSIONER SHOULD HAVE A LIST IN THEIR BACK POCKET OF ITEMS THAT WERE CUT IF AMENDMENT THREE PASSES. LET'S SEE THOSE LISTS. THIS IS NOT AN EITHER/OR CONVERSATION, WE DO NOT HAVE TO CHOOSE BETWEEN FUNDING EVERY REQUEST AND MAKING RECKLESS CUTS, THERE CAN BE A BALANCED APPROACH ESPECIALLY WHEN WE THINK THAT REVENUES ARE GOING TO CONTINUE TO GROW. REMAIN BUDGET NEUTRAL BY ADOPTING THIS MANAGER'S MODIFIED MILLAGE RATE OR ACCEPT A SLIGHT TAX INCREASE BY HOLDING THE CURRENT MILLAGE RATE WHILE ALSO REDUCING SPENDING. PUT THOSE ALTERNATIVES SIDE BY SIDE AND LET THE PUBLIC SEE THE NUMBERS. THE REDUCTIONS AND THE CONSEQUENCES NOT JUST TALK ABOUT THEM. AND ONE MORE THING. LET'S BE HONEST. LET'S NOT FEAR MONGER OR BE EXTREME, LET'S BE FAIR AND BALANCED. WE HEAR THE CITY HAS TOO MANY EMPLOYEES AND I DO AGREE. REDUCING STAFFING OR SALARY COSTS ALONE MAY NOT MOVE THE NEEDLE VERY FAR BUT IT CAN STILL BE PART OF THE SOLUTION. THE CITIZENS WANT THAT TO HONESTLY BE CONSIDERED. WE UNDERSTAND THE CITY HAS MAINTENANCE NEEDS BUT EVERYTHING DOES NOT HAVE TO BE COMPLETED AT ONCE. PRIORITIZE CAREFULLY PLAN AHEAD AND SAVE FOR MAJOR PROJECTS. SHOW US THE ALTERNATIVES, PROTECT TAXPAYERS AND ADOPT A TRULY BALANCED APPROACH. THANK YOU. >> THANK YOU MR. MARTIN,. >> AT THE END? YOU GOT IT. I HAVE NO ONE REQUESTED TO SPEAK ON THIS ITEM, THERE'S A MOTION AND A SECOND ON THE FLOOR. THAT PASSES 4-1 WHICH BRINGS US [4.3 TENTATIVE BUDGET - RESOLUTION 2026-116 ADOPTING THE TENTATIVE BUDGET FOR FISCAL YEAR 2026/2027; AUTHORIZING ADMINISTRATIVE CORRECTION OF SCRIVENER'S ERRORS; AND PROVIDING FOR AN EFFECTIVE DATE. Synopsis: Adopts a tentative budget for Fiscal Year 2026/2027.] TO 4.3 AND WE BRING BACK MISS CAMPBELL. >> THANK YOU MAYOR. THIS IS CONSIDERATION OF RESOLUTION 26, IT WOULD ADOPT THE TENTATVE BUDGET AFTER STAFF PREPARED IT IT BECOMES THE CITY COMMISSION'S BUDGET. ANY OF THE CHANGES THAT YOU WANT TO RECOMMEND TONIGHT, STAFF WOULD INCORPORATE AND BRING BACK TO YOU ON SEPTEMBER 15TH. THE MAJORITY OF THIS PRESENTATION IS SIMILAR TO WHAT WE SAW LAST TIME WE WENT THROUGH EIGHT, I WILL POINT OUT THE ADJUSTMENTS WHERE WE MADE THEM AS A RESULT OF THE TERMINATION OF PAID PARKING PROGRAM THE HIGHLIGHTS FOR THIS YEAR IS THAT ALL 30 FUNDS ARE BALANCED, THEY ARE MAINTAINING THE REQUIRED 20% RESERVE, GOLF AND MARINA ARE SELF SUPPORTING. WITH TUESDAY NIGHT'S ACTION CREATED A MAJOR EXPANSION WILL ALLOW ENHANCED LEVEL OF MAINTENANCE AND CAPITAL SPE SPENDING. AND WE'LL ALL BE AWARE OF THE INCREASED CAPITAL PROJECT PROGRAM. THESE ARE THE FUND SUMMARIES BY CATEGORY, GENERAL FUND AT 50 MILLION, SPECIAL REVENUE FUNDS TOTAL 12 MILLION, DEBT FUNDS AT 3.2 MILLION, CAPITAL FUNDS AT 32 MILLION ENTERPRISE FUNDS AT 56 MILLION, INTERNAL SERVICE FUNDS AT 3.4 MILLION AND THE FIDUCIARY OR PENSION FUNDS AT 60 MILLION. ALL FUNDS TOGETHER TOTALING $228 MILLION. FOR THE GENERAL FUND, BASED ON THE MILLAGE THAT YOU SAID PUTS US AT $50 MILLION IN REVENUE, $50 MILLION, AND YOU CAN SEE [00:20:03] THAT $7 MILLION HELD IN RESERVE. THE SPECIAL REVENUE FUNDS, THESE ARE THE SPECIALTY FUNDS THAT HAVE LIMITATIONS ON HOW THAT REVENUE CAN BE SPENT. THE ONE THAT I WANT TO CALL OUT TONIGHT IS A PAID PARKING FUND, 127. YOU CAN SEE THAT WE HAVE ADJUSTED THAT, IT'S 149000, THAT IS LARGELY JUST THE CARRYOVER FROM CURRENT YEARS AND A LITTLE BIT OF REVENUE FOR THE FIRST SIX WEEKS OF THE NEXT FISCAL YEAR. ALL OF OCTOBER AND TWO WEEKS OF NOVEMBER. THAT'S WHERE THAT ADJUSTMENT, THAT REDUCTION HAPPENED. DEBT SERVICE FUND, NO CHANGES FROM LAST TIME, $3.2 MILLION, THAT FUND HAS A RESERVE OF 600,000. IN OUR CAPITAL FUNDS WERE SPENDING 16 MILLION THIS YEAR IN THE CAPITAL PROGRAMS CAPITAL EXPANSION THAT'S THE IMPACT FEE FUND, $4 MILLION PLANNED THEY'RE STILL HOLDING 2.2 MILLION IN RESERVES AND THE IMPACT FEE FUND AND THE WASTEWATER IMPROVEMENTS. AT $11 MILLION IN EXPENDITURES, HELD IN RESERVE. THE GENERAL FUND IS SUPPORTING THE CAPITAL PROGRAM TO THE TUNE OF $5.2 MILLION. THE ENTERPRISE FUNDS, A COUPLE OF ADJUSTMENTS HERE THAT I WANT TO POINT OUT, FIRST OF ALL IN THE AIRPORT FUND, THAT WILL LOOK DIFFERENT THAN LAST TIME YOU LOOKED AT THAT. THE RESERVE HAS INCREASED BY $350,000 TO 1.1 MILLION. THAT IS WHERE WE HAD SHOWN YOU THE EXPENDITURES IN PART TO PAY FOR THE LAND LEASES THAT IS STILL IN THE PARKS DEPARTMENT BUT WHAT WE DID NOT SHOW YOU IS THAT IS WHERE THAT REVENUE WOULD GO, IT WOULD GO IN THE AIRPORT RESERVE FUND IF THAT PLAYS OUT THAT WAY. THE LAST ADJUSTMENT IS TO THE MARINA FUND, THAT NOW SHOWS A TRANSFER FROM THE GENERAL FUND. THIS IS WHERE WE HAVE TO MAKE UP THAT SHORTFALL OF THE $1.5 MILLION WITH PAID PARKING GOING AWAY FROM THE CAPITAL IMPROVEMENT PROJECT THERE. WE NEEDED TO MAKE UP THAT MONEY AND WE DID THAT IN TWO WAYS. WE TOOK AND THIS IS ON PAGE 94 OF YOUR DETAILED BUDGET BOOK. WE TOOK 668,000 OF THE REMAINING PAID PARKING FUND AND WE TRANSFERRED THAT INTO THE MARINA FUND. IN ADDITION WE ARE NOW TAKING 832,000 OUT OF THE GENERAL FUND AND PUTTING IT INTO THE MARINA FUND TO MAKE UP THE DIFFERENCE. THE WAY THAT WE WERE ABLE TO DO THAT IS ACTUALLY POSITIVE NEWS. I SAT DOWN WITH THE FINANCE TEAM LAST WEEK AND WE WENT ONE BY ONE THROUGH THE REVENUES CALCULATOR ONE QUARTER FURTHER DOWN THE ROAD IN THIS FISCAL YEAR SO WE ARE ABLE TO DRAW UP SEVERAL REVENUES AND I WILL CALL THAT UP NOW. SEVEN DIFFERENT LINE ITEMS IT INCREASED FROM THE LAST DRAFT TO THE LAST DRAFT, WE EXPECTED THAT CASH BALANCE FORWARD INTO NEXT YEAR, WE INCREASED THE TOURIST DEVELOPMENT TAX PAYMENT FROM THE COUNTY THAT WILL CONTRIBUTE TO OCEAN RESCUE. WE ADDED IN THE PILOT PAYMENT THAT HAD NOT BEEN INCLUDED IN YOUR LAST DRAFT PICK WE INCREASED OUR GAS TAX EXPECTED REVENUE AND WE INCREASED ALL THREE OF OUR FRANCHISE FEES EXPECTED REVENUE. SO BETWEEN THE SEVENTH LINE ITEMS, WE INCREASED GENERAL FUND REVENUE BY $912,000. WE MAKE UP FOR THAT SHORTFALL AN ADDITIONAL FUNDS FOR THE MARINA. OUR INTERNAL SERVICE FUNDS, NO CHANGES THERE TO FLEET UTILITY AND ADMINISTRATION CHARACTERS ARE BALANCED AND HOLDING SMALL RESERVES. OUR TRUST FUNDS WE SPOKE OF THESE AT LENGTH AND SHE HAS SOME ADDITIONAL INFORMATION WE WILL SHARE WITH YOU NOW ABOUT WHY THESE NUMBERS LOOK SO DIFFERENT FROM LAST YEAR. I WILL INVITE HER UP TO DO THAT. >> IN THE FY24 AUDIT. WHEN WE WERE GOING THROUGH IT EVERYTHING BALANCE, THE FINANCIAL STATEMENTS WERE PRESENTED APPROPRIATELY. AT YEAR END WITH WHAT WE CALL. 13, THERE WAS AN ENTRY POSTED TO THE PENSION FUNDS THAT [00:25:06] DUPLICATED. WE DID NOT CATCH IT BECAUSE WE BALANCED FINANCIALS BEFORE THOSE ENTRIES WERE MADE TO MAKE SURE EVERYTHING WAS RIGHT. IN FY25 WHEN WE'RE LOOKING AT THE PENSION FUNDS TO MAKE SURE WE WERE IN BALANCE AND IN THE SAME PROCESS IT MADE IT LOOK LIKE THE GAINS IN FY24 WERE OVERSTATED AND THEN UNDERSTATED IN FY25. SO OUT WHAT IT WAS, THE FY25 STATEMENT FOR THE GENERAL FUND, THE GAIN SHOULD HAVE BEEN 2.3 MILLION AND THEN FOR THE OTHER IT SHOULD HAVE BEEN 3.3 MILLION. IT WAS REPORTED APPROPRIATELY IN THAT FINANCIAL STATEMENT, IT MADE THAT ACCOUNT. IT HAS BEEN CORRECTED IN THE TOTAL BUT WE COULD GO BACK AND CORRECT IT FOR FY24. ANY OTHER QUESTIONS. >> THANK YOU FOR THE EMAIL. >> THANK YOU. >> WE WANTED TO MAKE SURE PEOPLE UNDERSTOOD THAT WAS NOT AN INVESTMENT LOSS WE SAW IN THOSE FUNDS. SO HERE ARE ALL 30 FUNDS, ALL LINED UP, YOU CAN SEE THAT 228 MILLION FOR ALL FUNDS, YOU CAN SEE WHERE WE HAVE FUNDS HELD IN RESERVES IN ACCOUNTS THAT EITHER REQUIRED THEM OR HAVE THEM. YOU CAN SEE THE RESTRICTED RESERVE THAT WE HAVE IN THAT CEMETERY AND YOU CAN SEE NOW THE THREE PLACES THAT THE GENERAL FUND IS GOING TO MAKE CONTRIBUTIONS THIS YEAR ABOUT $8000 INTO CONSERVATION, LAND ACQUISITION, 5.2 MILLION INTO CAPITAL PROJECTS AND THEN 832,000 INTO THE MARINA NT PROG. LOOKING AT OUR PERSONNEL PICTURE, OUR HEAD COUNT LOOKS TO BE UP THIS YEAR. I WANT TO NOTE THAT WE BROUGHT THE MARINA IN-HOUSE THAT ADDED THREE FULL TIME AND SEVEN PART TIME POSITIONS INTO THAT ENTERPRISE ACCOUNT WE ARE ADDING FOUR FULL TIME POSITIONS IN THE STORMWATER ENTERPRISE FUND. CONTINUED TO MAKE SOME REDUCTIONS IN UNFILLED POSITIONS IN ALL AREAS. A COUPLE OF HEAD COUNT TRANSFERS WHERE PEOPLE WERE SPLIT FUNDED SO WE'VE REALIGNED THOSE. THE AVERAGE PERSONNEL INCREASE IS ABOUT 6% THIS YEAR. >> MISS GAMBLE, DO YOU KNOW OFF THE TOP OF YOUR HEAD WHAT THE INCREASE IN OUR INSURANCE PREMIUMS, THE COST OF INSURANCE. >> IT'S DOWN SLIGHTLY. WE ADOPTED THAT NEW INSURANCE ON TUESDAY NIGHT AND WE ARE DOWN FROM 3.76 MILLION TO 3.7 MILLION IN INSURANCE. JUST A SLIGHT DEDUCTION. LOOKING AT OUR GENERAL FUND REVENUES, 47% OF THIS REVENUE COMES FROM PROPERTY TAXES, 23% COMING FROM THE CASH BALANCE FORWARD OR UNUSED AMOUNTS. 7% FROM TRANSFERS IN, SIX AND A HALF FROM SALES AND FUEL TAXES, FRANCHISE FEES REPRESENT 4%, CHARGES FOR SERVICES AND REIMBURSEMENTS RANGED BETWEEN 2.2 TO 2.5% AND OUR PERMIT, RECREATIONAL, FINES AND INTEREST EARNINGS ARE ALL LESS THAN 2% EACH. THIS IS THE LISTING THERE OF THE GENERAL FUND REVENUES, TOTALIG THE $50 MILLION FOR 26, 27. THE MAJOR INCREASES THERE WERE PROPERTY TAX, REIMBURSEMENTS. WE HAVE MORE OF OUR ENTERPRISE FUNDS MAKING THE CONTRIBUTION INTO THE GENERAL FUND FOR THE SERVICES THAT THE GENERAL FUND PROVIDES. WE WERE ABLE TO INCREASE OUR TRANSFERS OUT OF THE UTILITY TAX FUND, NOW THAT THAT BOND HAS BEEN PAID OFF NOT THAT THERE ARE NO MORE LIMITATIONS ON THAT FUND, AND YOU TRANSFERRED THAT OUT OF THE UTILITY FUND. LOOKING AT GENERAL FUND EXPENDITURES, 37% ARE SPENT ON PUBLIC SAFETY, 17% ON GENERAL GOVERNMENT, 13% ON TRANSFERS, 14% ON RESERVES. 11% ON PARKS AND RECREATION. 4% ON TRANSPORTATION WHICH OUR STREETS DEPARTMENT, 4% ON CONTINGENCY AND LESS THAN 1% ON [00:30:02] OUR ECONOMIC ENVIRONMENT WHICH IS THE DOWNTOWN DISTRICT, LESS THAN 1% ON CHARITABLE AND LESS THAN 1% ON LIBRARY. THIS IS THE SUMMARY OF THE GENERAL FUND CATEGORIES AND WHERE ALL OF THOSE REVENUES ARE GOING. AND SHOWING THEIR COMPARISON TO LAST YEAR. THIS IS WHERE I WANT TO POINT OUT TO YOU IN THE CONTINGENCY LINE THIS IS WHERE WE HAVE PLACED THAT ADDITIONAL REVENUE BY INCREASING THE MILLAGE. IN A HOLDING SPOT. THE BUDGET THAT I PROPOSED HAD 500,000 IN CONTINGENCY, YOU COULD SEE THAT IS NOW $2 MILLION IN CONTINGENCY. BASED ON YOUR DISCUSSION A FEW MINUTES AGO I ASKED MISS CARLESS IF WE COULD RESTRICT THAT CAST SHE SAID YES, WE COULD HOLD IT AS RESTRICTIVE CAS AND THEN ONLY THE COMMISSION COULD ULTIMATELY DECIDE WHERE TO EXPAND THAT IF HE WANTED TO DIRECT US IN THAT WAY. THIS IS ON PAGE 44 OF YOUR BUDGET BOOK SHOWING THE CONTINGENCY PLACEMENT BUT I WANTED TO POINT OUT THAT'S WHERE WE PLACED THAT EXTRA REVENUE TO THE INCREASED. THAT IS ALL I HAVE FOR YOU TONIGHT, I'M HAPPY TO ANSWER ANY QUESTIONS YOU HAVE AND THEN YOU REMIND EVERYONE THE NEXT PUBLIC HEARING IS ON TUESDAY NIGHT SEPTEMBER 15TH AT FIVE '05 P.M. WE HAVE OUR DETAILED BUDGET BOOKS HERE AND QUITE A FEW TEAM MEMBERS IF YOU HAVE ANY QUESTIONS FOR SPECIFICS ON EXPENDITURES. >> MAYOR ANTUN: THANK YOU MS. CAMPBELL. I HAVE COMMISSIONER TUTEN STARTING US OFF. >> THE HEALTH INSURANCE QUESTION, IT'S SLIGHTLY DOWN, THE WORKMAN'S COMP IS AT 5%. MISS CAMPBELL, IT'S A DIFFERENCE OF $34,000 FROM LAST YEAR. >> THAT $50,000 PILOT PAYMENT, THEY HAVE NOT PAID IT. THEY HAVE MADE THEIR CURRENT PAYMENT AND THEY'RE EXPECTING BECAUSE A LAWSUIT HAS NOT BEEN RESOLVED THAT THAT -- THEY WILL MAKE THAT PAYMENT NEXT YEAR AS WELL. THIS BUDGET HAS NO ADDITIONAL MONEY ON THE AGING. >> WE KEPT THEIR CONTRIBUTION FLAT TILL LAST YEAR. BECAUSE A COUNTY DEFUNDED THEM. >> MAYBE THAT'S SOMETHING WE WANT TO DISCUSS. LAND CONSERVATION, CAN YOU GO BACK TO ONE OF YOUR SLIDES THAT HAD THE SPECIAL FUNDS ON IT? I THINK IT WAS A REAL COLORFUL SLIDE. CONSERVATION 279,000 AND WE ARE GETTING READY TO EXPAND 240,000 ON THE ACQUISITION THEY MADE. THEY WILL TAKE THEIR BALANCE DOWN. >> THAT WE WILL NOT BE SITTING ON 279. WE WILL SEE SOON WE WILL BE SITTING AT 15, I GUESS 39,000. AS WE FINALIZE THIS IF WE LOCK BOX AT EXTRA 2 MILLION, I WILL AGAIN MAKE THE ARGUMENT THAT WE SHOULD ADD MORE MONEY TO THAT CONSERVATION FUND BECAUSE I KNOW WE DO NOT HAVE A PLAN -- A PLAN IN PLACE BUT THEY PRESENTED SOME PARCELS THAT HAD ALREADY BEEN IDENTIFIED AND I WILL ARGUE THAT THAT INCREDIBLE, WHAT WE DID TUESDAY NIGHT SHOULD BE HEADLINE NEWS. THE CITY BOUGHT 25 ACRES OF LAND AND PUT IT INTO CONSERVATION, IT'S INCREDIBLE. WE DID IT WITH $240,000 BECAUSE THERE'S NO LAND TRUST. >> TOTAL. IT HAS AN ENORMOUS SUITE OF HEALTH AND PLANS. I ASK YOU TO POINT OUT THE PLAN HAS AN ENORMOUS SET OF PLANS. WE NOW HAVE PLANS. I THINK IT'S INCUMBENT UPON US, WE ALL KNOW NEARLY EVERY RESIDENT WOULD ARGUE WE NEED TO CONSERVE MORE LAND AND I KNOW WE WERE THINKING OF PUTTING IT OUT TO A REFERENDUM VOTE OR TO A BOND. OR WE NEED TO KNOW IF THEY WANT IT. [00:35:02] BUT WE DON'T PULL THE CITY ON THE ENTIRE BUDGET. I THINK AS LEADERS WE CAN SIT HERE AND SAY THE PEOPLE WANT LAND A SURETY. WERE ABOUT TO PULL 250, WHAT HAPPENED TUESDAY NIGHT COULD NOT HAVE HAPPENED HAD MONEY NOT BEEN SITTING THERE. THE NEXT TIME AN OPPORTUNITY PRESENTS ITSELF IF MONEY IS NOT SITTING THERE WE CANNOT JUMP IN THE GAME AND PLAY. THE CROWN COMES TO US AND SAY, HEY, WE HAVE A GREAT PROPERTY, IS GOING TO SELL, CAN YOU PUT IN 100K, WE WILL BE SAYING NO SORRY WE CAN'T. WE DID NOT FIND -- WE DID NOT FIND CONSERVATION. >> I'M NOT DISAGREEING WITH YOU BUT WE'VE HEARD THE MANAGER SAY IT WE CAN LOCK BOX MONEY AND COME BACK TO US FOR EXACTLY THESE TYPES OF THINGS WE DON'T HAVE TO DO THIS RIGHT NOW ON A SPECIFIC THING THAT THOSE DOLLARS DOWN THE ROAD WHEN AN OPPORTUNITY COMES UP AND WOULD HAVE TO COME IN FRONT OF THE COMMISSION AND THEN WE WOULD DECIDE ON POTENTIALLY USING SOME OF THOSE DOLLARS THAT HAS BEEN SET ASIDE IF I UNDERSTAND THAT CORRECTLY. >> I WOULD BE HAPPY TO HAVE THIS CONVERSATION. >> THAT WOULD BE MORE THAN HAPPY TO HAVE THIS CONVERSATION. >> I HEAR YOU WHICH IS WHY I WOULD ARGUE WE NEED TO DO THIS NOW BECAUSE AFTER NOVEMBER THIRD, AFTER THE BUDGET PASSES NOT ONLY ARE WE SLASHING AND BURNING THINGS WE ARE DEFINITELY NOT PUTTING MONEY IN CONSERVATION. >> THE $2 MILLION, WHAT THE REQUEST WILL BE. WHEN PROPERTIES COME AVAILABLE, THEY GO AND THERE WAS A PROPERTY ON THE EDGE THAT WE SHOULD HAVE BOUGHT. BUT WE MISSED IT. AND NOW IT'S GETTING DEVELOPED, WE WOULD HAVE BECOME PART OF THAT PLUG PLANE. THIS COMMISSION, AGREED THAT THINGS GET ON THE AGENDA. >> THIS COMMISSION WILL NEED TO GIVE DIRECTION BY THAT. PUTTING THAT LINE UP INTO CONSERVATION HOURS. >> I HEAR YOU. >> I DON'T HAVE THE VOTES IS WHAT YOU'RE SAYING. >> I WOULD JUST SAY THAT THE REASON I SUPPORTED THIS HIGHER MILLAGE RATE IS TO SEE AND TO HAVE MONEY AVAILABLE TO MANAGE THE IMPACTS OF AMENDMENT THREE IF IT PASSES. THE ONLY THING I WOULD WANT TO DO WITH THIS CURRENT BUDGET BETWEEN NOW AND THE THIRD IS TO CUT THINGS OUT OF IT, NOT MOVE OR ADD THINGS AROUND. I'M JUST SAYING, LET'S SEE WHAT HAPPENS ON NOVEMBER THIRD AND THEN I THINK WE HAVE A WHOLE SET OF CONVERSATIONS WE NEED TO HAVE. I HAVE, I HAVE MY LIST. THAT I THINK WE NEED TO TALK ABOUT AFTER NOVEMBER THIRD AND IT HAS TO DO WITH REVENUE GENERATION AND WHETHER OR NOT -- WHAT FEES AND HOW WE FIGURE OUT WHAT THE ACTUAL COST IS AND SOME THINGS PAYING THEIR WAY AND WHAT ARE THE HICCUP CHANGES WE NEED TO DO. WE NEED TO LOOK AT SPANS OF CONTROL, WE NEED TO LOOK AT JOB TITLES, THERE IS A TON OF STUFF. WE COULD LOOK AT IT TODAY BUT AFTER NOVEMBER THIRD WE WOULD NEED A SPECIAL IMPETUS TO GET SERIOUS ABOUT SOME OF THESE THINGS THAT I'VE BEEN TALKING ABOUT FOR OVER A YEAR. WE CAN'T DANCE AROUND. I THINK THERE IS TIME AFTER NOVEMBER THIRD TO UNDERSTAND BETTER THAN WHAT WE'RE DOING TODAY AND I WOULD DISAGREE WITH -- I. WOULD DISAGREE WITH ANY OF WHAT YOU'RE SAYING. >> I HAVE NO OTHER REQUESTS TO SPEAK FROM THE COMMISSION. I DO HAVE ONE REQUEST TO SPEAK FROM THE AUDIENCE UNLESS YOU WOULD LIKE TO WAIT. >> DO I HAVE A MOTION. >> SECOND. >> I HAVE A MOTION TO SECOND, ANY ADDITIONAL DISCUSSION? >> SEEING NONE PLEASE START THE VOTE. >> THAT ITEM PASSES 4--- 5-0 AND THAT BRINGS US TO ITEM FIVE THE PUBLIC COMMENTS. [00:40:02] WE HAVE THE ONE SPEAKER REQUEST AND SHE WILL DEFER. WE WILL ADJOURN, WE * This transcript was compiled from uncorrected Closed Captioning.