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Agenda 07/12/2022 Item #11C (Resolution - Proposed Millage Rates as the Maximum Property Tax Rates to be levied in FY 2023)07/12/2022 EXECUTIVE SUMMARY Recommendation to adopt a resolution establishing Proposed Millage Rates as the Maximum Property Tax Rates to be levied in FY 2023 and Reaffirm the Advertised Public Hearing dates in September 2022 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 2022/23 and reaffirms the Advertised Public Hearing dates for the adoption of the FY 2022/23 Amended Tentative Budgets (September 8, 2022) and the FY 2022/23 Final Millage Rates and Final Adopted Collier County Budget (September 22, 2022). CONSIDERATIONS: The published TRIM (Truth in Millage) timetable provides that tax rates hereby adopted must be provided to the Collier County Property Appraiser on or about August 4, 2022, (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, 2022, (within 55 days after certification of values) under the Florida Truth in Millage (TRIM) law. During the September 2022, 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 2023 Proposed Maximum Property Tax Rates," and "Proposed Property Tax Dollars based upon July 1, 2022 Taxable Values". A chart of taxable values is also included by taxing district and reflects data certified by the Property Appraiser on July, 1st, 2022. • 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 $3.1321 per $1,000 of taxable value. The General Fund rate as proposed represents a 13.81% increase over the rolled back rate. • The proposed County -wide Conservation Collier millage rate is 0.2500 per $1,000 of taxable value (or $25.00 per $100,000 of taxable value) and exceeds the DR-420 rolled back rate of $0.2191 per $1,000 of taxable value. The County -wide Conservation Collier rate as proposed represents a 14.10% increase over the rolled back rate. • The Unincorporated Area General Fund (111) maximum proposed millage rate is 0.8069 per $1,000 of taxable value (or $80.69 per $100,000 of taxable value) and exceeds the rolled back rate of $0.7127 per $1,000 of taxable value. This rate represents a 13.22% increase over the rolled back rate. Public hearings on the FY 2022/23 Collier County budget will be held on Thursday, September 8, 2022 and Thursday, September 22, 2022 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 July 1st, 2022, 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 15, 2022. Transmittal of the tentative budget to the County Commission satisfies part of the State's Truth in Millage Packet Pg. 141 07/12/2022 (TRIM) timeline for adoption of the County's FY 2023 Budget. 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 FY 2022/23 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 3.5645 is budgeted to generate $435,976,000 in ad valorem tax revenue for FY 2022/23. County -wide taxable value from June preliminary to July certified increased by $3,934,457,085 or 3.32%, resulting in a levy increase of $14,024,372. The proposed Conservation Collier millage rate of 0.2500 is budgeted to generate $30,577,600. The proposed Unincorporated Area General Fund (111) millage rate of .8069 is budgeted to generate $62,181,500 in ad valorem tax revenue for FY 2022/23. Unincorporated Area taxable value from June preliminary to July certified increased by $2,599,731,875 or 3.49%, resulting in tax levy increase of $2,097,724 The marginal millage rate devoted to median landscape programming above the operating millage or .0908 will generate $6,997,200. The proposed total tax levy, inclusive of all special taxing districts, is budgeted to generate $542,947,080 in ad valorem tax revenue for FY 2023. RECOMMENDATIONS: That the Board of County Commissioners: Adopt by resolution: The proposed maximum property tax rates for FY 2022/23 as detailed in the attachments to the resolution; and 2. Reaffirm the Advertised Public Hearing dates for the adoption of the FY 2022/23 Amended Tentative Budgets (September 8, 2022) and the FY 2022/23 Final Millage Rates and Final Collier County Adopted Budget (September 22, 2022). PREPARED BY: Edward Finn, Director - Corporate Financial Planning and Management Services Office of Management and Budget ATTACHMENT(S) 1. Resolution to Adopt Maximum Millage Rates and Establish FY23 Public Budget Hearing (PDF) 2. FY 23 Max Millage Approval stamped - July 1 Max Millage Tax Rates (PDF) 3. FY 23 Max Millage Approval stamped - July 1 Tax Dollars (PDF) 4. FY 23 Max Millage Approval stamped - July 1 Taxable Values (PDF) Packet Pg. 142 11.0 07/12/2022 COLLIER COUNTY Board of County Commissioners Item Number: 1 LC Doe ID: 22660 Item Summary: Recommendation to adopt a resolution establishing Proposed Millage Rates as the Maximum Property Tax Rates to be levied in FY 2023 and Reaffirm the Advertised Public Hearing dates in September 2022 for the Budget approval process. (Edward Finn, Director, Corporate Financial Planning and Management Services) Meeting Date: 07/12/2022 Prepared by: Title: — Office of Management and Budget Name: Debra Windsor 07/05/2022 1:44 PM Submitted by: Title: Director - Facilities Maangement — Facilities Management Name: Ed Finn 07/05/2022 1:44 PM Approved By: Review: Office of Management and Budget Office of Management and Budget Facilities Management County Attorney's Office Office of Management and Budget Office of Management and Budget Office of Management and Budget Facilities Management County Manager's Office Board of County Commissioners Debra Windsor Level 3 OMB Gatekeeper Review Susan Usher Additional Reviewer Ed Finn Additional Reviewer Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Laura Wells Additional Reviewer Christopher Johnson Additional Reviewer Laura Zautcke Additional Reviewer Ed Finn Additional Reviewer Amy Patterson Level 4 County Manager Review Geoffrey Willig Meeting Pending Completed 07/05/2022 1:45 PM Completed 07/05/2022 1:57 PM Completed 07/05/2022 2:57 PM Completed 07/05/2022 3:47 PM Completed 07/05/2022 3:47 PM Completed 07/06/2022 8:53 AM Completed 07/06/2022 9:44 AM Completed 07/06/2022 12:53 PM Completed 07/06/2022 4:00 PM 07/12/2022 9:00 AM Packet Pg. 143 11.C.1 RESOLUTION NO. 22- A RESOLUTION APPROVING THE COUNTY'S PROPOSED MILLAGE RATES AND REAFFIRMING THE PUBLIC HEARING DATES FOR ADOPTION OF THE FY 2022/23 AMENDED TENTATIVE BUDGETS AND FY 2022/23 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 2022/23 amended tentative budgets and the FY 2022/23 final millage rates and budgets, respectively, pursuant to Section 200.065, Florida Statutes, will be held by the Board of County Commissioners on September 8, 2022 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 22, 2022 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 121" day of July 2022, after motion, second and majority vote. ATTEST: CRYSTAL K. KINZEL, CLERK BOARD OF COUNTY COMMISSIONERS COLLIER COUNTY, FLORIDA By: DEPUTY CLERK By: William L. McDaniel, Jr., BCC Chairman and legality: Jeffrey V I zkow, County Attorney NO Packet Pg. 144 11.C.2 Exhibit A County Government BudgetCollier Fiscal Year 2023 Tentative Collier County, Florida FY 2023 Proposed Maximum Property Tax Rates Based upon July 1, 2022 Taxable Values Prior Year Rolled Back Proposed Millage Millage Millage % Change From Fund Title Fund No. Rate Rate Rate Rolled Back General Fund 001 3.5645 3.1321 3.5645 13,81% Water Pollution Control 114 0.0293 0.0257 0.0293 14.01% Conservation Collier 172 0.2500 0.2191 0.2500 14.10% 3.8438 3.3769 3.8438 13.83% Unincorporated Area General Fund 111 0.8069 0.7127 0.8069 13.22% Golden Gate Community Center 130 0.1862 0.1658 0.1862 12.30% Victoria Park Drainage 134 0.3814 0.3319 0.3814 14.91% Naples Park Drainage 139 0.0049 0.0041 0.0041 0.00% Vanderbilt Beach MSTU 143 0.5000 0.4391 0.5000 13.87% Ochopee Fire Control 146 4.0000 3.5470 4.0000 12.77% GoodlandlHorr's Island Fire MSTU 149 1.2760 1.1579 1.2760 10.20% Sabal Palm Road MSTU 151 0.0000 0.0000 0.0000 nla Lely Golf Estates Beautification 152 2.0000 1.7348 2.0000 15.29% Golden Gate Parkway Beautification 153 0.5000 0.4418 0.5000 13.17% Hawksridge Stormwater Pumping MSTU 154 0.0354 0.0318 0.0318 0.00% Radio Road Beautification 158 0.0000 0.0000 0.0000 nla Forest Lakes Roadway & Drainage MSTU 159 4.0000 3.5347 4.0000 13.16% Immokalee Beautification MSTU 162 1.0000 0.9280 1.0000 7.76% Bayshore Avalon Beautification 163 2.3604 2.0329 2.3604 16.11% Haldeman Creek Dredging 164 1.0000 0.8357 1.0000 19.66% Rock Road 165 1.3413 1.4686 1.3413 -8.67% Vanderbilt Waterways MSTU 168 0.3000 0.2589 0.3000 15.87% Forest Lakes Debt Service 259 0.0000 0.0000 0.0000 nla Blue Sage MSTU 341 3.0000 2.7595 3.0000 8.72% Collier County Lighting 760 0.1315 0.1154 0.1154 0.00% 42nd Ave SE MSTU 761 0.0000 0.0000 1.0000 nla Pelican Bay MSTBU 778 0.0857 0.0764 0.0857 12.17% Aggregate Millage Rate 4.4408 3.9129 1 4.4391 1 13.45% Fiscal Year 2023 j,[Y Packet Pg. 145 Exhibit A 11.C.3 Collieri Fiscal Year 2023 Tentative Budget Collier County, Florida Proposed Property Tax Dollars Based upon July 1, 2022 Taxable Values Prior Year Current Year Proposed Fund Adjusted Tax Rolled Back Tax % Change Fund Title No. Dollars Tax dollars Dollars From Rolled Back General Fund 001 363,575,215 383,088,899 435,975,984 13.81% Water Pollution Control 114 3,067,030 3,143,381 3,583,699 14.01% Conservation Collier 172 26,169,197 26,798,243 30,577,640 14,10% 392,811,442 413,030,524 470,137,323 13.83% Unincorporated Area General Fund 111 52,051,363 54,922,230 62,181,490 13,22% Golden Gate Community Center 130 507,193 529,895 595,093 12.30%u Victoria Park Drainage 134 17,053 17,119 19,672 14.91% Naples Park Drainage 139 8,532 8,557 8,557 0.00% Vanderbilt Beach MSTU 143 1,488,591 1,494,880 1,702,209 13.87% Ochopee Fire Control 146 1,374,975 1,387,650 1,564,871 12.77% Goodland/Horr's Island Fire MSTU 149 131,957 132,237 145,724 10.20% Sabal Palm Road MSTU 151 0 0 0 nla Lely Golf Estates Beautification 152 312,580 312,838 360,662 15.29% Golden Gate Parkway Beautification 153 533,617 536,711 607,414 13.17% Hawksridge Stormwater Pumping MSTU 154 2,797 2,842 2,842 0.00% Radio Road Beautification 158 0 0 0 n1a Forest Lakes Roadway & ❑rainage MSTU 159 910,805 911,245 1,031,199 13.16% Immokalee Beautification MSTU 162 461,239 478,163 515,262 7.76% Bayshore Avalon Beautification 163 1,426,638 1,469,936 1,706,743 16.11% Haldeman Creek Dredging 164 151,781 157,632 188,622 19.66% Rock Road 165 49,919 50,340 45,976 -8.67% Vanderbilt Waterway's MSTU 168 403,485 407,239 471,887 15.87% Forest Lakes ❑ebt Service 259 0 0 0 nla Blue Sage MSTU 341 14,605 14,605 15,878 8.72% Collier County Lighting 760 891,858 899,896 899,896 0.00%u 42nd Ave SE MSTU 761 0 0 2,332 nla Pelican Bay MSTBU 778 660,342 662,753 743,428 12.17%u Total Taxes Levied 454,210,672 477,427,292 542,947,080 Aggregate Taxes 454,210,672 477,427,292 542,947,080 Fiscal Year 2023 Packet Pg. 146 11.C.4 Exhibit A BudgetCollier County Government Fiscal Year 2023 Tentative Collier County, Florida FY 2023 Taxable Property Values July 1, 2022 Taxable Values Prior Year Current Year Current Year % Change Fund Final Gross Adjusted Gross From Fund Title No. Taxable Value Taxable Value Taxable Value Prior Year County Wide Taxable Values General Fund 001 104,676,789,159 119,414,920,095 122,310,558,113 16.85% Water Pollution Control 114 104,676,789,159 119,414,920,095 122,310,558,113 16.85% Conservation Collier 172 104,676,789,159 119,414,920,095 122,310,558,113 16.85% Dependent Districts and MSTU's Unincorporated Area General Fund 111 66,863,629,475 74,754,281,490 77,062,200,538 17.00% Golden Gate Community Center 130 2,723,915,635 3,058,389,870 3,195,990,572 17.33% Victoria Park Drainage 134 44,710,507 61,380,599 51,579,478 15.36% Naples Park Drainage 139 1,741,315,329 2,065,665,052 2,087,162,842 19.86% Vanderbilt Beach MSTU 143 2,977,182,419 3,389,801,393 3,404,417,979 14.35% Ochopee Fire Control 146 343,743,846 387,647,763 391,217,863 13.81% GoodlandlHorr's Island Fire MSTU 149 103,414,749 113,966,917 114,203,751 10.43% Sabal Palm Road MSTU 151 75,690,431 85,090,812 113,079,928 49.40% Lely Golf Estates Beautification 152 166,289,928 180,181,952 180,331,047 15.38% Golden Gate Parkway Beautification 153 1,067,233,321 1,207,875,939 1,214,827,173 13.83% Hawksridge Stormwater Pumping MSTU 154 79,013,161 88,039,892 89,385,496 13.13% Radio road Beautification 158 1,492,645,736 1,716,382,043 1,752,064,682 17.39% Forest Lakes Roadway & Drainage MSTU 159 227,701,198 257,672,483 257,799,765 13.22% Immokalee Beautification MSTU 162 461,239,271 497,010,603 515,262,127 11.71% Bayshore Avalon Beautification 163 604,362,054 701,723,053 723,073,600 19.64% Haldeman Creek Dredging 164 151,781,498 181,630,804 188,622,358 24.27% Rock Road 165 37,216,682 33,990,599 34,277,450 -7.90% Vanderbilt Waterways MSTU 168 1,344,949,816 1,558,455,461 1,572,957,646 16.95% Forest Lakes Debt Service 269 227,701,198 267,672,483 257,799,765 13.22% Blue Sage MSTU 341 4,868,368 5,292,642 5,292,642 8.71% Collier County Lighting 760 6,782,188,470 7,729,342,735 7,798,060,867 14,98% 42nd Ave SE MSTU 761 0 1,571,671 2,332,091 nla Pelican Bay MSTBU 778 7,705,270,161 8,646,947,280 8,674,775,883 12.58% Fiscal Year 2023 Packet Pg. 147