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Agenda 07/11/2017 Item #11A07/11/2017 EXECUTIVE SUMMARY Recommendation to adopt a resolution establishing Proposed Millage Rates as the Maximum Property Tax Rates to be levied in FY 2017/18 and Reaffirm the Advertised Public Hearing dates in September 2017, for the Budget approval process. OBJECTIVE: To adopt a resolution which establishes proposed millage rates as the maximum property tax rates to be levied in FY 2017/18 and reaffirms the Advertised Public Hearing dates for the adoption of the FY 2017/18 Amended Tentative Budgets (September 7, 2017) and the FY 2017/18 Final Millage Rates and Final Adopted Collier County Budget (September 21, 2017). CONSIDERATIONS: The published TRIM (Truth in Millage) Timetable provides that tax rates hereby adopted must be provided to the Collier County Property Appraiser by August 4, 2017, (within 35 days of certification of value) for use in preparing the statutorily required Notice of Proposed Taxes (TRIM Notice). Each Collier County property owner will receive this notice, which must be mailed by August 24, 2017, (within 55 days after certification of values) under the Florida Truth in Millage (TRIM) law. During the September, 2017, advertised public hearings the Board may maintain or lower millage rates in each taxing district unit at or below the level of the proposed millage rates. The millage rates may not be raised subsequent to the adoption of this resolution, without meeting extraordinary public notice and advertising requirements. The proposed millage rates and associated tax dollars are included as exhibits entitled “FY 2018 Proposed Maximum Property Tax Rates,” and “Property Tax Dollars based upon July 1, 2017 Taxable Values”. A chart of taxable values is also included by taxing district and reflects data certified by the Property Appraiser on June 30, 2017. •The General Fund (001) maximum proposed millage rate is 3.8145 per $1,000 of taxable value (or $381.45 per $100,000 of taxable value) and exceeds the DR-420 rolled back rate of $3.3951 per $1,000 of taxable value. Consistent with Board guidance, this rate has been increased $.2500 mils to re-start the Conservation Collier program. The General Fund rate as proposed represents a 12.35% increase over the rolled back rate and a 7% increase over the millage neutral operating rate of $3.5645. •The Unincorporated Area General Fund (111) maximum proposed millage rate is .8069 per $1,000 of taxable value (or $80.69 per $100,000 of taxable value) and exceeds the DR-420 rolled back rate of $.7690 per $1,000 of taxable value. This rate is predicated on continuing the median capital landscape program pursuant to budget guidance and represents a 4.93% increase over the rolled back rate. Public hearings on the FY 2017/18 Collier County budget will be held on Thursday, September 7, 2017 and Thursday, September 21, 2017 at 5:05 in the third floor board room in the W. Harmon Turner building at the County Government Center Complex. With receipt of certified taxable value numbers from the Property Appraiser on June 30th, budgets for all funds which receive ad valorem property tax revenue are customarily adjusted and these changes are reflected in the tentative budget which will be submitted to the Board on or about Friday July 14, 2017. Transmittal of the tentative budget to the County Commission on this date satisfies part of the State’s Truth in Millage (TRIM) timeline for adoption of the County’s FY 2018 Budget. 07/11/2017 A summary listing of budget changes from the June workshop document together with a narrative description of the fund change will be included as an attachment within the tentative budget upon its submission. GROWTH MANAGEMENT IMPACT: There is no Growth Management Impact associated with this Executive Summary. LEGAL CONSIDERATIONS: This item is legally sufficient for Board action and requires a majority vote. - JAK FISCAL IMPACT: The proposed General Fund (001) millage rate of 3.8145 is budgeted to generate $318,886,400 in ad valorem tax revenue for FY 2018. That dollar component associated with restarting the conservation collier program totals $20,899,600. The proposed Unincorporated Area General Fund (111) millage rate of .8069 is budgeted to generate $41,744,300 in ad valorem tax revenue for FY 2018. The marginal millage rate devoted to median landscape capital and maintenance programming above the operating millage or $.0908 will generate $4,697,500. The proposed total tax levy, inclusive of all special taxing districts, is budgeted to generate $370,766,600 in ad valorem tax revenue for FY 2018. RECOMMENDATIONS: That the Board of County Commissioners: Adopt by resolution: 1. The proposed property tax rates for FY 2018 as detailed in the attachments to the resolution; and 2. Reaffirm the Advertised Public Hearing dates for the adoption of the FY 2018 Amended Tentative Budgets (September 7, 2017) and the FY 2018 Final Millage Rates and Final Collier County Adopted Budget (September 21, 2017). PREPARED BY: Mark Isackson, Director, Office of Management and Budget ATTACHMENT(S) 1. Resolution to Adopt Final Millage Rates and Budgets 2018 (PDF) 2. FY 18 Maximum Millage Rates July Taxable Values (PDF) 3. FY 18 Property Tax Dollars July 1 Taxable Values (PDF) 4. FY 18 Taxable Values July 1 (Autosaved) (PDF) 07/11/2017 COLLIER COUNTY Board of County Commissioners Item Number: 11.A Doc ID: 3469 Item Summary: Recommendation to adopt a resolution establishing Proposed Millage Rates as the Maximum Property Tax Rates to be levied in FY 2017/18 and Reaffirm the Advertised Public Hearing dates in September 2017, for the Budget approval process. (Mark Isackson , Corporate Financial and Management Services Division Director) Meeting Date: 07/11/2017 Prepared by: Title: Operations Coordinator – Office of Management and Budget Name: Valerie Fleming 07/05/2017 11:21 AM Submitted by: Title: Operations Coordinator – Office of Management and Budget Name: Valerie Fleming 07/05/2017 11:21 AM Approved By: Review: Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 07/05/2017 11:21 AM Budget and Management Office Mark Isackson Additional Reviewer Completed 07/05/2017 11:33 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 07/05/2017 12:24 PM County Manager's Office Leo E. Ochs Level 4 County Manager Review Completed 07/05/2017 2:09 PM Board of County Commissioners MaryJo Brock Meeting Pending 07/11/2017 9:00 AM RESOLUTION NO. 17- A RESOLUTION APPROVING THE COUNTY'S PROPOSED MILLAGE RATES AND REAFFIRMING THE PUBLIC HEARING DATES FOR ADOPTION OF THE FY 2017/18 AMENDED TENTATIVE BUDGETS AND FY 2017/18 FINAL MILLAGE RATES AND BUDGETS WHEREAS, Section 200.65, Florida Statutes, provides the procedure for fixing the millage rates; and WHEREAS, Section 129.03, Florida Statutes, sets forth the procedure for preparation and adoption of the budget; and WHEREAS, the Board of County Commissioners has received and examined the tentative budgets for each of the County's funds including all estimated receipts, taxes to be levied and balances expected to be brought forward and all estimated expenditures, reserves and balances to be carried over at the end of the year; and WHEREAS, Section 200.065, Florida Statutes, provides that the Board of County Commissioners shall hold public hearings to adopt the tentative budgets. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, that: 1. The proposed millage rates set forth in Exhibit "A" and incorporated herein are hereby approved as the County's proposed millage rates pursuant to Sections 129.03 and 200.065, Florida Statutes. 2. The public hearings to adopt the FY 2017/18 amended tentative budgets and the FY 2017/18 final millage rates and budgets, respectively, pursuant to Section 200.065, Florida Statutes, will be held by the Board of County Commissioners on September 7, 2017 at 5:05 p.m. at the Collier County Government Center, W. Harmon Turner Building, Third Floor Board Room, 3299 Tamiami Trail East, Naples, Florida and on September 21, 2017 at 5:05 p.m. at the Collier County Government Center, W. Harmon Turner Building, Third Floor Board Room, 3299 Tamiami Trail East, Naples, Florida. BE IT FURTHER RESOLVED that the Clerk is hereby ordered and directed to spread this Resolution in full among the minutes of this meeting for permanent record in his office. This Resolution adopted this 11"' day of July, 2017, after motion, second and majority vote. ATTEST: DWIGHT E. BROCK, Clerk 0 BOARD OF COUNTY COMMISSIONERS COLLIER COUNTY, FLORIDA DEPUTY CLERK By: Penny Taylor, Chairman Approved s rm an ality: Jeffrey A. a ow, County Attorney Collier County Government Fiscal Year 2018 Tentative Budget Prior Year Rolled Back Proposed Millage Millage Millage % Change Frm. Fund Title Fund No.Rate Rate Rate Rolled Back General Fund 001 3.5645 3.3951 3.8145 12.35% Water Pollution Control 114 0.0293 0.0279 0.0293 5.02% 3.5938 3.4230 3.8438 12.29% Unincorporated Area General Fund 111 0.8069 0.7690 0.8069 4.93% Golden Gate Community Center 130 0.1862 0.1752 0.1862 6.28% Victoria Park Drainage 134 0.0365 0.0346 0.0346 0.00% Naples Park Drainage 139 0.0066 0.0061 0.0061 0.00% Vanderbilt Beach MSTU 143 0.5000 0.4686 0.5000 6.70% Isle of Capri Fire 144 2.0000 0.0000 0.0000 #DIV/0! Fiddlers Creek Fire MSTU 145 1.5000 0.0000 0.0000 #DIV/0! Ochopee Fire Control 146 4.5000 4.6201 4.5000 -2.60% Collier County Fire 148 2.0000 0.0000 0.0000 #DIV/0! Goodland/Horr's Island Fire MSTU 149 1.2760 1.2294 1.2760 3.79% Sabal Palm Road MSTU 151 0.0912 0.0883 0.0000 -100.00% Golden Gate Parkway Beautification 153 0.3692 0.3359 0.5000 48.85% Lely Golf Estates Beautification 152 2.0000 1.8538 2.0000 7.89% Hawksridge Stormwater Pumping MSTU 154 0.0417 0.0409 0.0409 0.00% Radio Road Beautification 158 0.1000 0.0936 0.1000 6.84% Forest Lakes Roadway & Drainage MSTU 159 1.1438 1.0083 1.3431 33.20% Immokalee Beautification MSTU 162 1.0000 1.0267 1.0000 -2.60% Bayshore Avalon Beautification 163 2.3604 2.2302 2.3604 5.84% Haldeman Creek Dredging 164 0.7348 0.6885 0.7348 6.72% Rock Road 165 3.0000 2.7775 3.0000 8.01% Forest Lakes Debt Service 259 2.8562 2.5179 2.6569 5.52% Collier County Lighting 760 0.1750 0.1650 0.1640 -0.61% Pelican Bay MSTBU 778 0.0857 0.0816 0.0857 5.02% Aggregate Millage Rate 4.1968 4.0016 4.4290 10.68% Collier County, Florida FY 2018 Proposed Maximum Property Tax Rates July 1, 2017 Certified Taxable Values Exhibit A Collier County Government Fiscal Year 2018 Tentative Budget Prior Year Current Year Proposed Fund Adjusted Tax Rolled Back Tax % Change Fund Title No.Dollars Tax Dollars Dollars Frm. Rolled Back General Fund 001 271,016,970 283,825,236 318,886,443 12.35% Water Pollution Control 114 2,259,474 2,332,398 2,449,436 5.02% 273,276,444 286,157,634 321,335,879 12.29% Unincorporated Area General Fund 111 37,946,670 39,783,532 41,744,255 4.93% Golden Gate Community Center 130 341,768 349,364 371,298 6.28% Victoria Park Drainage 134 1,296 1,310 1,310 0.00% Naples Park Drainage 139 8,001 8,136 8,136 0.00% Vanderbilt Beach MSTU 143 1,192,789 1,199,924 1,280,329 6.70% Isle of Capri Fire 144 1,098,803 0 0 #DIV/0! Fiddlers Creek Fire MSTU 145 101,121 0 0 #DIV/0! Ochopee Fire Control 146 1,462,547 1,472,338 1,434,065 -2.60% Collier County Fire 148 320,252 0 0 #DIV/0! Goodland/Horr's Island Fire MSTU 149 100,254 100,185 103,982 3.79% Sabal Palm Road MSTU 151 2,190 2,193 0 -100.00% Lely Golf Estates Beautification 152 233,647 236,865 255,545 7.89% Golden Gate Parkway Beautification 153 248,746 253,191 376,885 48.85% Hawksridge Stormwater Pumping MSTU 154 2,736 2,806 2,806 0.00% Radio Road Beautification 158 114,570 116,407 124,367 6.84% Forest Lakes Roadway & Drainage MSTU 159 189,554 192,254 256,091 33.20% Immokalee Beautification MSTU 162 342,752 375,245 365,486 -2.60% Bayshore Avalon Beautification 163 949,563 993,124 1,051,103 5.84% Haldeman Creek Dredging 164 63,286 73,952 78,925 6.72% Rock Road 165 35,094 35,906 38,782 8.01% Forest Lakes Debt Service 259 473,337 480,092 506,595 5.52% Collier County Lighting 760 855,558 871,627 866,344 -0.61% Pelican Bay MSTBU 778 535,565 537,440 564,444 5.02% Total Taxes Levied 319,896,543 333,243,525 370,766,627 Aggregate Taxes 319,423,206 332,763,433 370,260,032 Collier County, Florida Property Tax Dollars Based upon July 1, 2017 Taxable Values FY 2018 Proposed Collier County Government Fiscal Year 2018 Tentative Budget Prior Year Current Year Current Year Fund Gross Adjusted Gross % Fund Title No.Taxable Value Taxable Value Taxable Value Change County Wide Taxable Values General Fund 001 77,115,163,725 81,106,811,204 83,598,490,858 8.41% Water Pollution Control 114 77,115,163,725 81,106,811,204 83,598,490,858 8.41% Dependent Districts and MSTU's Unincorporated Area General Fund 111 47,455,161,371 49,868,144,282 51,734,112,303 9.02% Golden Gate Community Center 130 1,835,486,504 1,950,180,423 1,994,084,090 8.64% Victoria Park Drainage 134 35,495,403 37,440,298 37,864,269 6.67% Naples Park Drainage 139 1,212,239,426 1,312,489,166 1,333,792,327 10.03% Vanderbilt Beach MSTU 143 2,385,578,106 2,545,237,015 2,560,658,211 7.34% Isle of Capri Fire 144 549,401,447 0 0 -100.00% Fiddlers Creek Fire MSTU 145 67,413,780 0 0 -100.00% Ochopee Fire Control 146 325,010,449 316,559,250 318,681,012 -1.95% Collier County Fire 148 160,125,999 0 0 -100.00% Goodland/Horr's Island Fire MSTU 149 78,569,192 81,544,039 81,490,638 3.72% Sabal Palm Road MSTU 151 24,017,869 24,796,089 24,840,831 3.43% Lely Golf Estates Beautification 152 116,823,687 126,033,935 127,772,474 9.37% Golden Gate Parkway Beautification 153 673,743,701 740,602,738 753,770,378 11.88% Hawksridge Stormwater Pumping MSTU 154 65,619,741 66,842,956 68,610,822 4.56% Radio Road Beautification 158 1,145,697,249 1,223,771,718 1,243,669,542 8.55% Forest Lakes Roadway & Drainage MSTU 159 165,722,702 187,986,736 190,671,629 15.05% Immokalee Beautification MSTU 162 342,752,013 333,851,970 365,486,059 6.63% Bayshore Avalon Beautification 163 402,289,024 425,780,847 445,307,332 10.69% Haldeman Creek Dredging 164 86,126,770 91,917,628 107,410,051 24.71% Rock Road 165 11,698,089 12,635,143 12,927,415 10.51% Forest Lakes Debt Service 259 165,722,702 187,986,736 190,671,629 15.05% Collier County Lighting 760 4,888,902,774 5,184,294,256 5,282,585,459 8.05% Pelican Bay MSTBU 778 6,249,299,168 6,559,902,302 6,586,278,944 5.39% Collier County, Florida Taxable Property Values (July 1, 2017) For FY 2018