Title
Consider and take action on Ordinance 2016-30 adopting the Annual Budget for Governmental and Proprietary Funds for Fiscal Year 2017 (Assistant City Manager)
City Council approved 6-0-0, with 2 absent on August 23, 2016.
Background:
Pursuant to City Charter and state law, adoption of this ordinance will establish the budget for the 2017 fiscal year. The budget ordinance is based on the proposed budget, as adjusted, and as described in Exhibit A and B.
The FY 2017 Proposed Budget provided to City Council on July 11, 2016 included $124,441,008 for operations and $67,790,707 for capital projects for a total appropriation of $192,231,715. The proposed budget included the following:
· Total property tax rate of $0.5735 per $100 valuation, the same as the FY 2016 tax rate.
· A personnel budget for 584.25 positions which is a net addition of 7.5 FTE:
· eight (8) full time positions were added in the FY 2017 Adopted Budget;
o two (2) Police Lieutenants positions,
o one (1) police officer to support the Gulf Region Information and Dispatch (GRID) System (funded primarily by the twelve participating law enforcement agencies),
o a Communications Specialist (Communications),
o Convention and Visitors Bureau Administrator (funded through hotel occupancy tax revenue),
o Engineer - Project Manager (Engineering),
o Purchasing Buyer (Purchasing), and
o Parks Maintenance Worker (Parks Operations).
· a reduction of 0.5 FTE with the split of the City Manager’s Executive Secretary with the City Attorney, which eliminated the need for a part-time position previously budgeted in the City Attorney’s office.
· Utility revenue is estimated at the rates that were effective November 1, 2015. The FY 2017 budget includes $407,500 of increased revenue reflecting a full year at the new rates.
· Funding for 2% salary increases effective January 1, 2017 ($551,000).
· Funding for 380 economic development incentive agreements at $1.18 million.
· Funding for the first year (FY...
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