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Agenda 07/07/2015 Item #11A7/7/2015 11.A. n EXECUTIVE SUMMARY Recommendation to adopt a resolution establishing Proposed Millage Rates as the Maximum Property Tax Rates to be levied in FY 2016/16 and Reaffirm the Advertised Public Hearing dates in September 2015 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 2015/16 and reaffirms the Advertised Public Hearing dates for the adoption of the FY 2015 /16 Amended Tentative Budgets (September. 10, 2015) and the FY 2015/16 Final Millage Rates and Final Adopted Collier County Budget (September 24, 2015). 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, 2015, (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, 2015, (within 55 days after certification of values) under the Florida Truth in Millage (TRIM) law. During the September, 2015, 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 2016 Proposed Maximum Property Tax Rates," and "Property Tax Dollars based upon July 1, 2015 Taxable Values ". A chart of taxable values is also included by taxing district and reflects data certified by the Property Appraiser on July 1, 2015. • The General Fund (001) maximum proposed millage rate is 3.5645 per $1,000 of taxable value (or $356.45 per $100,000 of taxable value) and exceeds the DR-420 rolled back rate of $3.3529 per $1,000 of taxable value. This is a millage neutral rate from FY 2015 pursuant to budget guidance and represents a 6.31 % increase over the rolled back rate. • The Unincorporated Area General Fund (111) maximum proposed millage rate is .7161 per $1,000 of taxable value (or $71.61 per $100,000 of taxable value) and exceeds the DR-420 rolled back rate of $.6759 per $1,000 of taxable value. This is a millage neutral rate from FY 2015 pursuant to budget guidance and represents a 5.95% increase over the rolled back rate. Public hearings on the FY 2015/16 Collier County budget will be held on Thursday, September 10, 2015 and Thursday, September 24, 2015 at 5:05 in the third floor board room in the W. Harmon Turner building at the County Government Center Complex. With receipt of new taxable value numbers from the Property Appraiser on July 1 st, 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 July 17, 2015. 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 2016 Budget. Packet Page -578- 7/7/2015 11.A. 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 on July 17, 2015. 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 3.5645 is budgeted to generate $250,069,000 in ad valorem tax revenue for FY 2016. The proposed Unincorporated Area General Fund (111) millage rate of .7161 is budgeted to generate $30,888,800 in ad valorem tax revenue for FY 2016. The proposed total tax levy, inclusive of all special taxing districts, is budgeted to generate $291,653,400 in ad valorem tax revenue for FY 2016. RECOMMENDATIONS: That the Board of County Commissioners: Adopt by resolution: 1. The proposed property tax rates for FY 2016 as detailed in the attachments to the resolution; and 2. Reaffirm the Advertised Public Hearing dates for the adoption of the FY 2016 Amended Tentative Budgets (September 10, 2015) and the FY 2016 Final Millage Rates and Final Collier County Adopted Budget (September 24, 2015). PREPARED BY: Mark Isackson, Corporate Financial Planning and Management Services, Office of Management and Budget Packet Page -579- COLLIER COUNTY Board of County Commissioners Item Number: 11.11.A. 7/7/2015 11.A. Item Summary: Recommendation to adopt a resolution establishing Proposed Millage Rates as the Maximum Property Tax Rates to be levied in FY 2015/16 and Reaffirm the Advertised Public Hearing dates in September 2015 for the Budget approval process. (Mark Isackson, Corporate Financial and Management Services Director) Meeting Date: 7/7/2015 Prepared By Name: Valerie Fleming Title: Operations Coordinator, Office of Management & Budget 6/26/2015 11:20:14 AM Submitted by Title: Operations Coordinator, Office of Management & Budget Name: Valerie Fleming 6/26/2015 11:20:15 AM Approved By Name: KlatzkowJeff Title: County Attorney, Date: 6/30/2015 9:23:10 AM Name: IsacksonMark Title: Division Director - Corp Fin & Mgmt Svc, Office of Management & Budget Date: 6/30/2015 9:40:09 AM Name: OchsLeo Title: County Manager, County Managers Office Date: 6/30/2015 10:45:53 AM Packet Page -580- 7/7/2015 11.A. RESOLUTION NO. I5- A RESOLUTION APPROVING THE COUNTY'S PROPOSED MILLAGE RATES AND REAFFIRP,IING THE PUBLIC HEARING DATES FOR ADOPTION OF THE FY 2015/16 AMENDED TENTATIVE BUDGETS AND FY 2015 /16 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: L 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 2015/16 amended tentative budgets and the FY 2015 /16 final millage rates and budgets, respectively, pursuant to Section 200.065, Florida Statutes, will be held by the Board of County Commissioners on September 10, 2015 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 24, 2015 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 7"' day of July, 2015, after motion, second and majority vote. ATTEST: DWIGHT E. BROCK, Clerk 0 DEPUTY CLERK Approved as to Jeffrey A. Klau!4fw, VVunty Attorney BOARD OF COUNTY COMMISSIONERS COLLIER COUNTY, FLORIDA la Packet Page -581- Tim Nance, Chairman 7/7/2015 11.A. Collier County, Florida FY 2016 Proposed Maximum Property Tax Rates Julv 1, 2015 Certified Taxable Values Packet Page -582- Prior Year Rolled Back Proposed Millage Millage Millage % Change Frm. Fund Title Fund No. Rate Rate Rate Rolled Back General Fund 001 3.5645 3.3529 3.5645 6.31% Water Pollution Control 114 0.0293 0.0275 0.0293 6.55% 3.5938 3.3804 3.5938 6.31% Unincorporated Area General Fund 111 0.7161 0.6759 0.7161 5.95% Golden Gate Community Center 130 0.1862 0.1756 0.1862 6.04% Victoria Park Drainage 134 0.0443 0.0405 0.0405 0.00% Naples Park Drainage 139 0.0079 0.0073 0.0073 0.00% Vanderbilt Beach MSTU 143 0.5000 0.4679 0.5000 6.86% Isle of Capri Fire 144 2.0000 2.1240 2.0000 - 5.84% Fiddlers Creek Fire MSTU 145 0.0000 0.0000 1.5000 #DIV /0! Ochopee Fire Control 146 4.0000 3.8903 4.5000 15.67% Collier County Fire 148 2.0000 1.9715 2.0000 1.45% Goodland /Horr's Island Fire MSTU 149 1.2760 1.2824 1.2760 -0.50% Sabal Palm Road MSTU 151 0.1000 0.1020 0.1000 -1.96% Golden Gate Parkway Beautification 153 0.4280 0.4063 0.4063 0.00% Lely Golf Estates Beautification 152 2.0000 1.8665 2.0000 7.15% Hawksridge Stormwater Pumping MSTU 154 0.0458 0.0435 0.0435 0.00% Radio Road Beautification 158 0.3096 0.2911 0.2911 0.00% Forest Lakes Roadway & Drainage MSTU 159 1.1022 1.0131 1.1940 17.86% Immokalee Beautification MSTU 162 0.9172 0.8851 1.0000 12.98% Bayshore Avalon Beautification 163 2.3604 2.2618 2.3604 4.36% Haldeman Creek Dredging 164 0.7348 0.6682 0.7348 9.97% Rock Road 165 3.0000 2.8354 3.0000 5.81% Radio Road East MSTU 166 0.2401 0.2236 0.3311 48.08% Forest Lakes Debt Service 259 2.8978 2.6637 2.8060 5.34% Radio Road East Debt Service 266 0.2408 0.2242 0.1689 - 24.67% Collier County Lighting 760 0.2000 0.1880 0.1880 0.00% Pelican Bay MSTBU 778 1 0.0857 0.0802 0.0857 6.86% Aggregate Millage Rate 4.1505 1 3.9074 4.1501 6.21% Packet Page -582- 7/7/2015 11.A. Collier County Government Fiscal Year 2016 Tentative Budget Collier County, Florida Property Tax Dollars Based upon July 1, 2015 Taxable Values FY 2016 Proposed Prior Year Current Year Proposed Fund Adjusted Tax Rolled Back Tax % Change Fund Title No. Dollars Tax Dollars Dollars Frm. Rolled Back General Fund 001 227,457,660 235,224,113 250,069,000 6.31% Water Pollution Control 114 1,892,642 1,929,274 2,055,554 6.55% 229,350,302 237,153,387 252,124,554 6.31% Unincorporated Area General Fund 111 28,153,532 29,154,827 30,888,847 5.95% Golden Gate Community Center 130 295,006 297,089 315,023 6.04% Victoria Park Drainage 134 1,290 1,292 1,292 0.00% Naples Park Drainage 139 7,851 7,969 7,969 0.00% Vanderbilt Beach MSTU 143 1,022,093 1,027,300 1,097,777 6.86% Isle of Capri Fire 144 1,077,556 1,088,478 1,024,932 -5.84% Fiddlers Creek Fire MSTU 145 0 0 93,813 #DIV /0! Ochopee Fire Control 146 1,227,608 1,230,435 1,423,272 15.67% Collier County Fire 148 305,986 302,328 306,699 1.45% Goodland /Horr's Island Fire MSTU 149 93,022 94,457 93,985 -0.50% Sabal Palm Road MSTU 151 2,251 2,244 2,200 - 1.96% Lely Golf Estates Beautification 152 199,193 199,755 214,042 7.15% Golden Gate Parkway Beautification 153 246,332 247,949 247,949 0.00% Hawksridge Stormwater Pumping MSTU 154 2,705 2,709 2,709 0.00% Radio Road Beautification 158 308,670 310,595 310,595 0.00% Forest Lakes Roadway & Drainage MSTU 159 154,497 154,743 182,374 17.86% Immokalee Beautification MSTU 162 288,104 296,345 334,815 12.98% Bayshore Avalon Beautification 163 864,290 869,077 906,964 4.36% Haldeman Creek Dredging 164 53,615 53,922 59,296 9.97% Rock Road 165 30,412 31,343 33,163 5.81% Radio Road East MSTU 166 93,435 93,518 138,478 48.08% Forest Lakes Debt Service 259 406,188 406,858 428,593 5.34% Radio Road East Debt Service 266 93,707 93,769 70,640 - 24.67% Collier County Lighting 760 836,687 847,568 847,568 0.00% Pelican Bay MSTBU 778 462,650 464,058 495,883 6.86% Total Taxes Levied 265,576,982 274,432,015 291,653,432 Aggregate Taxes 265,077,087 273,931,388 291,154,199 Packet Page -583- r 7/7/2015 11.A. Budget L i Collier County Government Fiscal Year 2016 Tentative Collier County, Florida Taxable Property Values (July 1, 2015) For FY 2016 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 64,595,296,747 68,738,269,090 70,155,421,656 8.61% Water Pollution Control 114 64,595,296,747 68,738,269,090 70,155,421,656 8.61% Dependent Districts and MSTU's Unincorporated Area General Fund 111 39,634,174,211 42,017,026,477 43,134,823,117 8.83% Golden Gate Community Center 130 1,584,350,845 1,680,261,591 1,691,852,460 6.79% Victoria Park Drainage 134 29,125,045 31,862,936 31,891,491 9.50% Naples Park Drainage 139 993,826,174 1,081,416,565 1,091,633,868 9.84% Vanderbilt Beach MSTU 143 2,044,186,286 2,184,400,602 2,195,553,909 7.40% Isle of Capri Fire 144 538,777,922 507,318,037 512,466,237 -4.88% Fiddlers Creek Fire MSTU 145 0 62,528,118 62,542,005 #DIV /0! Ochopee Fire Control 146 306,902,092 315,557,128 316,282,702 3.06% Collier County Fire 148 152,993,121 155,202,364 153,349,259 0.23% Goodland /Horr's Island Fire MSTU 149 72,901,444 72,538,264 73,656,104 1.04% Sabal Palm Road MSTU 151 22,513,112 22,072,604 21,996,129 -2.30% Lely Golf Estates Beautification 152 99,596,489 106,718,770 107,021,195 7.45% Golden Gate Parkway Beautification 153 575,541,732 606,281,192 610,261,022 6.03% Hawksridge Stormwater Pumping MSTU 154 59,054,939 62,215,868 62,281,826 5.46% Radio Road Beautification 158 996,994,678 1,060,364,708 1,066,970,672 7.02% Forest Lakes Roadway & Drainage MSTU 159 140,171,072 152,492,800 152,741,666 8.97% Immokalee Beautification MSTU 162 314,112,838 325,501,536 334,814,874 6.59% Bayshore Avalon Beautification 163 366,162,661 382,118,837 384,241,525 4.94% Haldeman Creek Dredging 164 72,965,873 80,243,838 80,696,881 10.60% Rock Road 165 10,137,226 10,725,963 11,054,228 9.05% Radio Road East MSTU 166 389,150,714 417,917,716 418,235,994 7.47% Forest Lakes Debt Service 259 140,171,072 152,492,800 152,741,666 8.97% Radio Road East Debt Service 266 389,150,714 417,917,716 418,235,994 7.47% Collier County Lighting 760 4,183,434,567 4,451,398,214 4,508,339,633 7.77% Pelican Bay MSTBU 778 5,398,484,651 5,768,020,294 5,786,260,956 7.18% Packet Page -584-