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Item B01 B1 BOARD OF COUNTY COMMISSIONERS COUNTY of MONROE Mayor Craig Cates,District 1 The Florida Keys Mayor Pro Tern Holly Merrill Raschein,District 5 Michelle Lincoln,District 2 James K.Scholl,District 3 m' David Rice,District 4 Budget Meeting Meeting September 20, 2023 Agenda Item Number: B1 2023-1563 BULK ITEM: Yes DEPARTMENT: Administration TIME APPROXIMATE: STAFF CONTACT: AGENDA ITEM WORDING: County Administrator's Budget Discussion. ITEM BACKGROUND: PREVIOUS RELEVANT BOCC ACTION: CONTRACT/AGREEMENT CHANGES: STAFF RECOMMENDATION: DOCUMENTATION: FINANCIAL IMPACT: 4 County Administrator's ' Fiscal Year 2024 Final Budget Roman Gastesi, County Administrator Tina Boan, Director Office of Management . Budget September 20, 2023 Murray !Nelson Government Center Key Largo, FL Fiscal D Revenue FY 2024 % of Final Total Ad Valorem Taxes Budgeted Ad Valorem $139,671,620 $139,671,620 21% Delinquent Taxes Health Department $1,608,237 $29,500 0% Local Option, Use &Fuel Taxes Total Ad Valorem $141,279,857 $105,844,391 16% Licenses, Permits &Impact Fees $9,126,139 2% Intergov. Rev./Grants, PILT, Shared Taxes $26,294,269 3% Charges for Services $103,010,416 15% Fines &Forfeitures $2,137,500 0% Miscellaneous $4,293,031 1% Interfund Transfers $40,800,803 6% Debt Proceeds $13,306,800 2% Fund Bal Fwd/Less 5% $222,796,835 33% Total Sources 667,311,304 100% ExpenditureFY 2024 % of Final Total B.O.C.C. Operating $229,699,784 34% Capital Projects, including Debt Service $120,329,909 18% Sheriff $84,037,381 13% Tourist Development Council $125,642,929 19% Tax Collector $8,575,291 1% Judicial, State Attorney, Public Defender $5,178,384 1% Property Appraiser $6,365,708 1% Clerk of the Courts $9,179,570 1% Supervisor of Elections $3,177,039 1% Budget Transfers, Cash Balance & Reserves $75,125,309 11% Total Uses ',667,311,304 100% 2 w . FY2024 Budget Increases , ..,d Expenditure FY2023 Adopted FY2024 Proposed Increase B.O.C.C. Operating $208,382,202 $229,699,784 $21,317,582 Capital Projects,including Debt Service $66,624,791 $120,329,909 $53,705,118 Sheriff $76,905,653 $84,037,381 $7,131,728 Tourist Development Council $78,977,974 $125,642,929 S46,664,955 Tax Collector $7,952,259 $8,575,291 $623,032 Judicial, State Attorney,Public Defender S4,655,069 $5,178,384 $523,315 Property Appraiser $5,843,693 $6,365,708 $522,015 Clerk of the Courts $7,459,488 $9,179,570 $1,720,082 Supervisor of Elections $2,981,651 $3,177,039 $195,388 Budget Transfers,Cash Balance &Reserves $59,974,252 $75,125,309 $15,151,057 Total Uses $519,757,032 $667,311,304 $147,554,272 ' 9 B.O.C.C.&Constitutional Operating Tourist Development Council Personnel Costs(Wages,Taxes&Benefits) $11,113,706 Statutory Allowance for Public Facilities $25,000,000 Risk Management(Insurance) $5,641,224 Promotional &Advertising $4,292,256 Operating Costs $15,278,212 Personnel, Events&Capital $9,465,916 22% $32,033,142 Reserves $7,906,783 32% $46,664,955 Capital Projects,including Debt Service Budget Transfers,Cash Balance&Reserves Trauma Star Helicopter Purchase $13,306,800 General Fund to Marathon Airport $10,000,000 Sugarloaf Fire Station $5,908,265 (Loan to Temporarily Fund EOC Construction) Trauma Star Helicopter Debt Service $4,507,014 Budgeted Transfer to F_207 $4,507,014 Key West International Airport Concourse A $37,492,840 (Trauma Star Debt Service-Transfer) 36% $61,214,919 Reserves(Various Funds) $644,043 *Capital Project%of total increase based on $53.7M 10% $15,151,057 3 DistributionFY2024 Ad Valorem 2,486,188 2% Judicial Court Administrator 68,391,311. Fund 101 2,946,735 2% Supervisor of Elections 5,663,403 Fund 149 5,451,228 4% Property Appraiser 74,054,714 7,763,742. 5% Tax Collector 8,959,815 6% Clerk of Court 818,291 1% State Mandated Substance Abuse Mental Health/Baker Act Services Public 74,054,714 52% Sheriff Law Enforcement Safety;_ 4,090,414 3% Monroe.County Detention Centers/DJJ/Extraditions/Jail Program ' $97.1M , 869,357 1% Medical Examimer 77% 1,608,237 1% MC Health Department 15,689,512 11/:.. Fire&Ambulance 126,051,800 89% Constitutional.Offi.cers/Public Safety 3,547,891 3% Parks &Beaches &Recreation j 2,895,954 . 2% Middle Keys Health Care 2,203,225 2% Human Services Advisory Board 1,500,000 1% Tax Increment Financing District City of Key West (Amount determined after Final Adoption) 4,755,069 3% Property&liability insurance 325,918 0% Balance of BOCC Operating 141,279,857 . 100% , , , ., . . - Countywide a e , H , ' -- • . ave ur owes As provided in Section 193.155(1), F.S., beginning in 1995, or the year after the property receives homestead'exemption,an annual increase in assessment shall not exceed;the lower of the following: a.Three percent of the assessed value of the:property for the prior year; or b. The percentage change in the Consumer Price Index(CPI)for all urban consumers. . , FY23: FY24 . Save our Homes Year CPI Change Cap Cap30%"< 4 .023: 16.50% 3.00% 519 161.00 534;735:83i 15 574 83 2022 7.00% 3:00% (50,000 00) . (50,000.00) 2021 1.40% 1.40%. '469,161.00 ` 4 .4;735.83 Taxable:Value 2020 2.30% 2.30% Maximum I.7creas'-e i7..... i mum Increase 2019 1.90% 1.90% ::::,.•:,,,:i 0 2.5218 . .- 2.7191 Per Yer '. Per month 2018 2.10% 2.10% 1;'183:13 . 1 318 05` 134:91 [. : 11.24 . . Homeste aded r2017 2.10% 2.10% 23 FY24 NonCap10% 2016 0.70% -0.70% :72 720.00 838;9:92.00 76 272 00 . . 2015 0.80% 0.80% , `: 762:,720.00: 838.99. 2. :00, Taxable:Value 2014 1.50% 1.50% :_ Maximum Increase Maxcimum'Increase:' 2013 1.70% 1.70 :,:2.5218 2.7191 Per Year _ Per month 2012 3.00% 3.00% 1;923.43 2,281.30 357 88• 29 82 . 2011 1.50% 1.50% FY23 FY24 Commercial 10% Cap 2010 • 2.70% 2.70% 1 37 125 140 80 - - • 2009 0.10% 0.10% 1;251;408 00 , 6,548 80 " 25218' 2.7191 Max. Inc.:P.er Year, Max {Inc Per month. . 2008 4.10% 3.00 3,15`5.-80. 3,742 97 '587 17 : 48 93 1 . .. Sou th Florida Ad Va orem Tax Comparison Value FY24 Count wide Services - o . . FY22, .-", Tax.Levy: $478.15 (Millage Rate 4:7815) evy. $4 FY3 Tax L 7 50 :FY22 Tax Levy: 386.23 ; :� -, ,(M.illage Rate 4.7150) (Millage Rate.:18623) : N 1 F. - £ ,: ,£ . a - ;41.4r-,,,,r, FY23 Tax Levy: .376,23 LY i 1 . 1 _ , :.:- „.--4-1 y..N. (Millage Rate:3.7623) FY22 Tax Lev y . .. Taxi Levy: 551::34 Y $356.45 � �� �� , � r i p FY22. a .,° (Millage Rate 3.5645) _ . - ,, . R F�� ° (Millage e FY23 Tax Levy: $356.45 � . 11 ��� ��� FY23-Tag, Levgysgs 553:�6 (Millage,Rate: 3.5645) ~, I. (Millage-Rate: 5.5306) t is P/r— T '''''''''' ' . - :. k-‘! 1 ;ill_ ii7i.-.-57.-;t"4 Nf-,l:I,'.;.. :: , 4-,;,,z,.,4,?.,'} ti ° FY22 Tax` -Levy $46669 Q (MiLlage Rate 4.6669); 2022 Adopted.Tax Levy: $26 .°49 � .` FY23 Tax Levy° $46202 (Millage-Rate 2 6149) (Millage Rate:4.6202 ) .. -2023 Adopted Tax Levy: $252.1 Millage.Rate 2 5.218) -F4- 2024 Proposed Tax,Levy:$271°91 (Millage`Rate 2:.7191 , . 1 Source: Florida Department of Revenue: Comparison of Property Taxes Levied Fiscal Year 2024 Capital Plan Discussion i : ; Revenue •Estimates State Revenue Estimates for Fiscal Year Ending September 30, 2024 .�-k: ' ; ast' . s S :.����:r, .... .. - .. ... \� �ucta7 a es, rta 1 - - � Taxi RateDefa.lult:.Formula Year. Amount %Change Local Government 1990 $ 6,527,762 - Distribution,Percentage Estimated Distribution ..1991_°- .� - $ . 7,763,175 ., .. 18.9% MONROE BOCC 60.345618 33,598,584 1992.:' $ 8;546,742. .` 10.1% , Islamorada 6.371477 • 3,547,442 1993_'. $ 10,027,642. . 17.3% '.1994..' ,$. 9,953,100. --0.7%. - Key Colony Beach :0:707066 3,93;672 $ , 10,746,262' 8.0% "1995•, ,. o 1996 -.$ 11,521,699 7 2% Ke West 23.691520..y 13,190,:709 1997 $ 12,009,003 4.2% Layton 0.187499 104,394 :1998 ; $ 13;217,392 . , s....10.1% 1999-„---, $ 12,996,907. -1.7% ' Marathon ...' 8.696820 4,842,122 .. -, 200a.- - $. 12,387,681. -4.7% Countywide Total 100.000000 55,676,924 : 2001:. $ 12,719,997 2.7% . 2002 $ 12,645,370 =0:6% 'One Cent Infrastructure Sales Surtax His tory . ' 2003,- $ . 12,884;890 ,1.9% 2004,; $ 15,365,641 . - 19.3% 40,000,000 •,2005 $ _-14;875,923 -3.2% $35,000,000 2006, - ,` $ 15,201,005. - -2.2% _._ 2007,,.- $ 15,200,286 ,. 0.0% $30,000,000 ... ... :,N- - � 2008 `$ 15,147;593-_ '• � -0:3% $25,000,000 ,.._.._. .,.... .. � . _ ..__.. _. ....._... � __ ...... � _ .... ._�. ... ,.. � ..:, „.2009:; $ 13,702,434' 9,5% $20,000,000 »:..., .....,.. ,._r ..... , 2010 $ :''.14,085,030 2.8% $15,000,000- -,------------ -- ---------:-- ------ ----------------------------- '- ---, --- -'-,--------'- q----- .-..-, ,--A,---1,--,-,,,-- --i----$ -z-- k---,-- 2011 $ 15,374,998 9.2/0 10 000 000 _ - .,2012 $ 16,318,450 6.1% ' ' :: . 0 . 2013 ;$ 17;172,359 _.. ._. 5:2/ $5,000,000 ,:-. ,_ :: .:,. - .,. 2014., $ 18,653,970 8.6/ $_ 0 . 2015 ,, ,$ . 20,161,451 .` .'-- 8:1% 0 !-I N .en nr into N oo m 0-e-I. eel en id. .in to r`..oo.m 0 ri.N. n Ira 1.0 N. 00..01..0 . l'N.:.E 01 01 01 01 Q1 a1 01 01 at al 0 0 0 0 0 0 O 0:'.0 0 r-I r-I r1 e-1 . . r-I- . .: . N N N:,_ 01 01 O O 01 01 01 01 O O O O O O O O O 0 0 0 O O O .O 0 0 O O 0 0 O O 0 of 2016,; $ 20,817,676 '3.3% ,--1 . ri a-1 .. r-I ri ai a-I a--I N .N N N N'-N, N N I.N N N N:N .N N N:.N. N N .N. N N N.:W 2017. $ 21,510,929 -3.3% N 2018.: $ 20,805,323 -3.3% : N 2019 $ 23,583,643' , 13.4% • One Cent Infrastructure 2023; 2024. --2025. ' 2026 .a 2027 2028 : 2020 I. 19,863,16915:8% $ Fund 304 Estimate Estimate Estimate Estimate Estimate Estimate 2021 1 ; $ 28,613,899 44.1% Beginning Fund Balance. 31983 319 30299 357 13,345,688 11030 914 8,594,002 10,209,622 2022,_ $ . 34,358,790 20.1% Revenue •42,074,866 .. 52;787,845. :73,568;400 : 36,028,200 36,694,056 :.. .36,981,340 2023 Estm'- .$ 32,353,072 . '-5:8% Expense (43,758,828) ' (69,741,514) (75,883,174) (38,465,112) (35,078,436) : . (26,610,981) .. � 302� 7 �� & �� 1% �� sf r» ��X� c�a e �. � ��. 3 ����.�.0 0� ��'�,:� ��4�002����, � � �9 ���.. I 2025' ..� � _ 32640,000°, 2•Q% Fiscal Year2022 had the highest annual one cent infrastructure surtax revenue collected at$34.3 million. As of September2023,the state is, 2026 $ '33,292,800-; .' 2.0% estimatingFY2024 revenue to be$33.6 million.However Fiscal Year 2023 monthlyreceipts is have p consistently fallen short of'theprevious year's 2027 $ '33,958,656 �- 2.0%: receipts.Therefore,OMB is estimating'that this trend will continue and that revenue for FY2024 will be approximately$32 million.Actual revenue will ; 2028 34,637,829 o ;, 2:0% change the ending fund balance estimate. . .:, , . • . • '' :., :. :give-Year - . a i aProjects - Summary - : . ..... ... � �� ., `� 2 ,�� Y2026,�� .:FX2027._, FY2028._� 5-Year'�ota, Fundy�_�_R�a�eckName.. _,_.- .u_v.-.,�__._.�, _,_>.���..._,...�� � _.���;.,. ._,_.. ... � �FY2024�. ._,._ X 025 � �,...F .�__., ... ._,.,,..._ _.._. �_� __.._-__-._.1�� I ... 133 Solid Waste lrSpact Fees :135,285 •• 135,285 " 316. Land Acquisition 1,928,210 1,928,210 .... 316 Howards Haven&Conch Key .. 8,647. 8,647 .. . 304 Boca Chica Shore Side Facility 40,000 30,000 70,000 140,000 304 Ocean Reef ILA/Ambulance = 361,000 361,000 304 Jefferson Browne/Jackson Square • 850,000 1,313,000 1,517,500 2,307,500 1,650,000 7,638,000 304 Public Defender/Simonton Property ... 326,688 . . . . 326;688 304 Rockland Key Facility 1,445,000 1,073,000 ' 2,518,000 304 HMGP Wind Retrofit • : 218,614 :918,862 918,862 : "I •. 2,056,338 304 SOE Bayshore Manor 352,600 352,600 304 Gato Building Repairs .. 240,000 240,000 .. :. 304 HMGP Generators -137,500 668,750 668,750 1,475,000 304 Historic Courthouse Envelope Restoration 451,062 451,062 304 Higgs Beach(Atlantic Street Relocation) 100,000 100,000 1,000,000 4,000,000 5,200,000 ' 304 Rowell's Marina 80,200 - 80,200 . 304 Upper Keys Activity.Center : . . . 30,276 • , 30,276 : • 304 Middle:Keys Activity Center 20,554 20,554 : . 304 Key West Activity Center- . • 1,75.0,000" :. 1,750;000 131 Parks&Recreation Impact Fees 860,359 860,359 • 304 KL Hydrants 150,000 150,000 150,000 • -" 1 - 450,000 1 304 Fire&Ambulance Fire Truck 837,000 837,000 , 304 , MCSO Generator 3,182,628 945,000 . : ' , • 4;127,628 1 304 .. Trauma Star.Helicopter Replacement ... . . 13,306,800 ...38,193,000 ..51,499,800 ' 3. MCSO Cudjoe Substation :- •: 50,000 250,000 : 2,000,000 ': 2,000,000 : • : 4,300,000 : : 304 MCSO Marathon Substation - - 660,000 1,340,000 2,000,000 304 Sugarloaf Fire Station 5,908,265 1,541;218' .. " • 7,449,483 • 135 EMS Impact Fees Project 191,739 ; ' • 191,739 . • 304 Key Largo Ill 1,075,354 270,530 .• 1,345;884 304 Seaview Drive Bridge Replacement::' • 1,489,089: • 1,489;089 304 Twin.Lakes 2,000,000 1,000;000. 3,000,000 304. Harbor Drive.Bridge Replacement .5,257,282 . 500,000 .... 5,757,282 304 Sands Subdivision Sea Level Rise GRANT FUNDED 493,370 493,370 304 No Name Key Bridge Repair 506,178 • 400,000 400,000 4,400,000 4,400,000 10,106,178 304 Sugarloaf Bridge Replacement 3,480,191 1,160,064 4,640,255 450,000 .. 75,405 .. • :.. 525,405. .. 304 Stillwright Point • 304' ' Toms Harbor Channel Bridge: ::.`498,039 :: 498,039 . ' 304 Crane Blvd Shared Use Path • 1,150;000 : 1,150;000 :" •: 304 Key Deer Blvd North of Watson Road Repair. .. 300,000 300,000 3,447,403 .' 1,800,000 5,847;403 304 Conch Key Roads SLR. . : .. • 324,257 : :. : . ! 324,257 :.. . '. 304 Key West International Airport Concourse A(F_405) 37,492,840' 37,492,840 • 102 Roads&Bridges(F_102) 8,870,018 8,870,018 ' 8,870,018 8,870,018 8,870,018 44,350,090 ; 130 Roadway Impact Fee Projects(F_130) ' 720,192 720,192 ' 304 Engineering,Legal,and Admin Costs 2,894,610 2,891,448 2,891,448 2;891,448 .2,891,448 14,460,402 ' '. 304 : Finance Miscellaneous 500,000 : . 500,000 : 500,000 . .soo,boo '.500,000 2,500,000 : • 304 Old 7 Mile Bridge : 562,655 562,655 •` 562,655 562,655 •' '562,655 2,813,275 304 Big Coppitt Key Wastewater(fmr F_310) 51,680 51,680 51,680 51,680 :: 51,680 258,400 ::, :: . 304 Duck Key Wastewater(fmr F_311) 31,000 • 31,000 31,000 . 31,000 31,000 155,000 : 304 Cudjoe Key Wastewater(fmr F_312) 150,000 ' 150,000 150,000 150,000 150,000 , 750,000 ; : 304 Stock Island MSTU(fmr F_171) 10,000 10,000 304 Long Key MSTU(fmr F_175) '. 10,000 - : : : : 10,000 • . 304 Duck Key MSTU(fmr F_176) . , . . . 10,000. 10,000 .." 304 Debt Service SRF Big Coppitt Wastewater • : 682,000 682,000 682,000 • 682,000 '• ` 682;000 3,410,000 : • : 304 Debt Service 2016 Revenue Bond 87609 • 1,118,674 5,403,042 5,399,739 •• ! 11,921,455 304• Debt Service'SRF Cudjoe Reg.Wastewater 9,379,482 9,379,482 '9,379,482 •9;379,482 - .9,379,482 46,897,410 304 Trauma Star Helicopters Debt Service 4,507,014 4,504,225 4,505,525 •4,503,730 • 4,503,839 22,524,333 304 Debt Service 2014 Revenue BOnd Fund 31487607 4,283,766 :" • • :. . : 4,283,766 ' • 304 '.' Key Largo ILA 87608 : ' .. 2,125,000 .. 2,125,000 ::'' 125,000 •I:. ' :125,000 : • 125,000 •4;625,000 I .: :; :; 207 Clerk ERP Loan . . • . .914,982 .915,046 .. 1,830,028 ; ` t LCa ita4_Pro eists?&Debtservue i '.. : 12039909 iklj*361Arg468d1353g$. :44'414'ST7 , ,..,,r34,947,13Z , 33d07L22 •i • • • I:' i Notable : : • ranun eProjects. . . . • • Cau t ,:Funded , / Grant Ft _ :. T al.___ro ec Cost Grant.Funded __ ,_ t . .. ;:•• • ,r ec: .Narne... e.. .. of P t _._ n �. ..Key Largo III Road Project 4,490,4.94 • 2,787;598 1,702,896 62%. Conch•Key Roads Adaptation 7,782,135 3;548,576 4,233,559 46% Y . . -Key Deer Blvd North of Watson 8,847,403 6;148,052 2,699,351 • 69% Mosquito Creek Bridge Replacement 5-373,402. • - 3,248,865 2,124,537 • 60% • Tubby's Creek Bridge Replacement .; 5;373,205: 3,248,865 '2,124,340 60% Tom's Harbor Bridge Repair • 1,951,440 - 1,173,401 778,039 60% Twin Lakes SLR Adaptat_ion.Project. 12,685,909 9,415,569 • 3,270,340 74% .Emergency Operation Center 37,258,911 37,258,911 - 100% • Historic Courthouse•Brick Updates • 965,650 • 482,825 482,825 • • 50% HMGP Generators 6,300,000. 4,800,000 1,500,000 . 76% .: HMGP Windretrofit • 9,331,140 •. 7,099,9.89 . 2,231,151. • .76% Rowell's Waterfront Park 5 772,608 4,114,667 . • .1,657,941 71% i .; 1 1 22 7 . . . ,a833 73 .,..:: _.. _ ., _. . . ..:... • 10... • ... , . as a oca a m i ion• . 1 o e Countyin a era ran partially u n • roa s resi pence ro ec z , #10 Winston: Waterways: Design $ 2,795,376 . HMGP$38,556 113 Construction $ 51,135,306 3 Total $ 53,930,682 We received a Resilient FL award of$15,374,569 to partiallyfund the design and construction we are requesting HMGP funds in the amount of$38,556,113 (71%of project costs g q g pJ #52A Big Coppitt Roads SLR Design $ 4,495,020 HMGP$63,369,619 Construction $ 83,647,209 Total $ 88,142,229 We received a Resilient FL award of$24,772,610 to partiallyfund the design and construction;we are requesting HMGP funds in the amount of$63,369 619(72%of project costs). g q g p l ). #59B_FIagler Avenue Key West Design $ 4,999,855 HMGP$57,915,725 Construction, $ 72,221,112 Total' $ 77,220,967 We are requesting HMGP funds in the amount of$57,915,725(75%of project costs). #4 Stillwright Point Roads Design $ 1,550,809 HMGP$18,000000 Construction $ 41,033,686 Total 42,584,495 ,We received a Resilient FL award for the engineering design and permitting phase of this project,we are requesting the remaining approx.$18,000,000 HMGP funds be allocated to Phase II construction costs.' We understand Phase II funding will be approved upon completion of Phase I engineering design and permitting and after a Benefit Cost Analysis has been performed Key Points : • Countywide Millage Rate, most likely lowest in Florida again, 2.7191 or $271.91 per $100,000 of value • Aggregate m i I lage rate 3.4049, 5.3% above the FY2023 rate 3.2326 • This budget considers the economic uncertainty, increased operational costs like property and liability insurance, CPI increases on vendor contracts, increased utility, fuel, goods and services costs • Increased demand for expanded programs and public services like a transit program, community centers, affordable housing, library improvements, recreation programs, playground renovations • Continues funding to the Human Services Advisory Board's community based nonprofit organizations. $2,203,225 to 30 not-for-profit agencies for FY2024 ($77k increase — 3.6%) • Capital Projects funded in whole or in large part with: non-local funding. Canal projects fully grant funded with legislative appropriations, Stewardship & Restore. 12 notable projects with approximately $106M in total costs, $83M of which is grant funded (78.5%) i • U.S. National inflation has trended down over the past 18 months to approximately 5%. However, the South Florida regional inflation rate has remained steady at over 9% per year or 19% over 2 years. 12