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Agenda 07/11/2023 Item #11C (Resolution - Establishing Proposed Millage Rates)07/ 11 /2023 EXECUTIVE SUMMARY Recommendation to adopt a resolution establishing Proposed Millage Rates as the Maximum Property Tax Rates to be levied in FY 2023/24 and Reaffirm the Advertised Public Hearing dates in September 2023 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 2023/24 and reaffirms the Advertised Public Hearing dates for the adoption of the FY 2024 Amended Tentative Budgets (September 7, 2023) and the FY 2023/24 Final Millage Rates and Final Adopted Collier County Budget (September 21, 2023). 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, 2023, (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, 2023, (within 55 days after certification of values) under the Florida Truth in Millage (TRIM) law. During the September 2023, 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 2024 Proposed Maximum Property Tax Rates," and "FY 2024 Proposed Property Tax Dollars". A chart of taxable values is also included by taxing district and reflects data certified by the Property Appraiser on July Pt, 2023. • The General Fund (001/0001) 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 $3.2043 per $1,000 of taxable value. The General Fund rate as proposed represents a 11.24% 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 $0.2242 per $1,000 of taxable value. The County -wide Conservation Collier rate as proposed represents a 11.51% increase over the rolled back rate. • The Unincorporated Area General Fund (I11/1011) 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 $0.7280 per $1,000 of taxable value. This rate represents a 10.84% increase over the rolled back rate. Public hearings on the FY 2023/24 Collier County budget will be held on Thursday, September 7, 2023, and Thursday, September 21, 2023 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 111, 2023, 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, 2023. Transmittal of the tentative budget to the County Commission satisfies part of the State's Truth in Millage (TRIM) timeline for adoption of the County's FY 2023/24 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 2023/24 tentative budget upon its submission. GROWTH MANAGEMENT IMPACT: There is no Growth Management Impact associated with this Executive Packet Pg. 168 07/ 11 /2023 Summary. LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, is approved as to form and legality and requires majority vote for approval. -JAK FISCAL IMPACT: The proposed General Fund (001/0001) millage rate of 3.5645 is budgeted to generate $494,282,712 in ad valorem tax revenue for FY 2023/24. County -wide taxable value from June preliminary to July certified increased by 1,0 17,13 5,693 or 0.74%, resulting in a levy increase of $3,625,580. The proposed Conservation Collier millage rate of 0.2500 is budgeted to generate $34,667,044 in ad valorem tax revenue. The proposed Unincorporated Area General Fund (1011) millage rate of .8069 is budgeted to generate $70,815,331 in ad valorem tax revenue for FY 2023/24. Unincorporated Area taxable value from June preliminary to July certified increased by $380,917,693 or 0.44%, resulting in tax levy increase of $307,362. The proposed total tax levy, inclusive of all special taxing districts, is budgeted to generate $615,556,091 in ad valorem tax revenue for FY 2023/24. RECOMMENDATIONS: That the Board of County Commissioners: Adopt by resolution: 1. The proposed maximum property tax rates for FY 2023/24 as detailed in the attachments to the resolution; and 2. Reaffirm the Advertised Public Hearing dates for the adoption of the FY 2023/24 Amended Tentative Budgets (September 7, 2023) and the FY 2023/24 Final Millage Rates and Final Collier County Adopted Budget (September 21, 2023). PREPARED BY: Christopher Johnson, Director - Corporate Financial Planning and Management Services - Office of Management and Budget ATTACHMENT(S) 1. Resolution to Adopot Maximum Millage Rates and Establish FY24 Public Budget Hearing (PDF) Packet Pg. 169 11.0 07/ 11 /2023 COLLIER COUNTY Board of County Commissioners Item Number: I LC Doe ID: 25995 Item Summary: Recommendation to adopt a resolution establishing Proposed Millage Rates as the Maximum Property Tax Rates to be levied in FY 2023/24 and Reaffirm the Advertised Public Hearing dates in September 2023 for the Budget approval process. (Christopher Johnson, OMB Director) Meeting Date: 07/11/2023 Prepared by: Title: — Office of Management and Budget Name: Debra Windsor 07/03/2023 9:41 AM Submitted by: Title: Accountant, Senior — Office of Management and Budget Name: Christopher Johnson 07/03/2023 9:41 AM Approved By: Review: Office of Management and Budget Office of Management and Budget Community & Human Services Office of Management and Budget Office of Management and Budget Office of Management and Budget County Manager's Office County Attorney's Office County Manager's Office Board of County Commissioners Debra Windsor Level 3 OMB Gatekeeper Review Blanca Aquino Luque Additional Reviewer Maggie Lopez Additional Reviewer Agnieszka Chudy Additional Reviewer Laura Zautcke Additional Reviewer Christopher Johnson Additional Reviewer Ed Finn Additional Reviewer Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Amy Patterson Level 4 County Manager Review Geoffrey Willig Meeting Pending Completed 07/03/2023 12:19 PM Completed 07/03/2023 4:21 PM Completed 07/03/2023 4:31 PM Completed 07/03/2023 4:45 PM Completed 07/03/2023 5:14 PM Completed 07/05/2023 9:59 AM Completed 07/05/2023 11:34 AM Completed 07/05/2023 1:26 PM Completed 07/05/2023 2:33 PM 07/11 /2023 9:00 AM Packet Pg. 170 11.C.a RESOLUTION NO.23- A RESOLUTION APPROVING THE COUNTY'S PROPOSED MILLAGE RATES AND REAFFIRMING THE PUBLIC HEARING DATES FOR ADOPTION OF THE FY 2023124 Q- 0 AMENDED TENTATIVE BUDGETS AND FY 2023/24 FINAL MILLAGE RATES AND BUDGETS W 0 0 WHEREAS, Section 200,65, Florida Statutes, provides the procedure for fixing the millage rates; and m WHEREAS, Section 129.03, Florida Statutes, sets forth the procedure for preparation and adoption of the budget; and E E 0 WHEREAS, the Board of County Commissioners has received and examined the tentative budgets for each of the County's CD funds including all estimated receipts, taxes to be levied and balances expected to be brought forward and all estimated rn N 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 2023/24 amended tentative budgets and the FY 2023/24 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, 2023 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, 2023 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 1111, day of July 2023, after motion, second and majority vote. 040021435 CRYSTAL K. KINZEL, CLERK IN DEPUTY CLERK Approve asWo ega ity:Jeffrey A ,County Attorney BOARD OF COUNTY COMMISSIONERS COLLIER COUNTY, FLORIDA Rick LoCastro., BCC Chairman Packet Pg. 171 11.C.a Exhibit A Collier County Government Fiscal Year 2024 Tentative Budget Collier County, Florida FY 2024 Proposed Maximum Property Tax Rates Based upon July 1, 2023 Taxable Value Prior Year Rolled Back Proposed Millage Millage Millage % Change From Fund Title Fund No. Rate Rate Rate Rolled Back County Wide General Fund 001 3.5645 3.2043 3.5645 11.24% Water Pollution Control 114 0.0293 0.0263 0.0293 11.41% Conservation Collier 172 0.2500 0.2242 0.2500 11.51% Subtotal County Wide 3.8438 3.4548 3.8438 11.26% Dependent Districts and MSTU's Unincorporated Area General Fund 111 0.8069 0.7280 0.8069 10.84% Golden Gate Community Center 130 0.1862 0.1682 0.1862 10.70% Victoria Park Drainage 134 0.3814 0.3399 0.3814 12.21 % Naples Park Drainage 139 0.0041 0.0035 0.0041 17.14% Vanderbilt Beach MSTU 143 0.5000 0.4629 0.5000 8.01% Ochopee Fire Control 146 4.0000 3.5359 4.0000 13.13% Goodland/Horr's Island Fire MSTU 149 1.2760 1.1058 1.2760 15.39% Sabal Palm Road MSTU 151 0.0000 0.0000 0.0000 n/a Lely Golf Estates Beautification 152 2.0000 1.7722 2.0000 12.85% Golden Gate Parkway Beautification 153 0.5000 0.4502 0.5000 11.06% Hawksridge Stormwater Pumping MSTU 154 0.0318 0.0282 0.0318 12.77% Radio Road Beautification 158 0.0000 0.0000 0.0000 n/a Forest Lakes Roadway & Drainage MSTU 159 4.0000 3.5076 4.0000 14.04% Immokalee Beautification MSTU 162 1.0000 0.9613 1.0000 4.03% Bayshore Avalon Beautification 163 2.3604 2.0971 2.1104 0.63% Haldeman Creek Dredging 164 1.0000 0.8996 1.0000 11.16% Rock Road 165 1.3413 0.8109 0.8109 0.00% Vanderbilt Waterways MSTU 168 0.3000 0.2719 0.3000 10.33% Forest Lakes Debt Service 259 0.0000 0.0000 0.0000 n/a Blue Sage MSTU 341 3.0000 2.8835 3.0000 4.04% Collier County Lighting 760 0.1154 0.1025 0.1025 0.00% 42nd Ave SE MSTU 761 1.0000 0.7805 1.0000 28.12% Palm River Sidewalk MSTU 1638 0.0000 0.0000 0.5000 n/a Pelican Bay MSTBU 778 1 0.0857 1 0.0789 1 0.0857 1 8.62% Aggregate Millage Rate 4.4396 4.0025 4.4391 1 10.91% a 0 R 0 c 0 0 c m E E 0 U m W LO aw a) LO N a� c •L 0 m 2 r aD 0 m a N u_ t T) R w c a� m a� 0 E M E X r 0 0. 0 Q 0 c 0 0 m r c m E t R r Q Packet Pg. 172 Exhibit A 11.C.a Collier County Government Fiscal Year 2024 Tentative Budget Collier County, Florida FY 2024 Proposed Property Tax Dollars Based upon July 1, 2023 Taxable Values Prior Year Current Year Proposed Fund Adjusted Tax Rolled Back Tax % Change Fund Title No. Dollars Tax Dollars Dollars From Rolled Back County Wide General Fund 001 423,513,541 444,334,435 494,282,712 11.24% Water Pollution Control 114 3,578,945 3,646,973 4,062,978 11.41% Conservation Collier 172 30,537,070 31,089,405 34,667,044 11,51% Subtotal County Wide 457,029,556 479,070,813 533,012,734 11.26% Dependent Districts and MSTU's Unincorporated Area General Fund 111 60,748,898 63,890,893 70,815,331 10.84% Golden Gate Community Center 130 594,358 600,991 665,306 10.70% Victoria Park Drainage 134 19,672 19,709 22,116 12.21% Naples Park Drainage 139 8,558 8,638 10,119 17.15% Vanderbilt Beach MSTU 143 1,700.432 1,625,954 1,756,269 8.01% Ochopee Fire Control 146 1,578,916 1,608,606 1,819,742 13.13% Goodland/Horr's Island Fire MSTU 149 146,538 146,882 169,490 15.39% Sabal Palm Road MSTU 151 0 0 0 nla Lely Golf Estates Beautification 152 360,769 361,168 407,593 12,86% Golden Gate Parkway Beautification 153 605,078 608,311 675,601 11.06% Hawksridge Stormwater Pumping MSTU 154 2,843 2,898 3,269 12.80% Radio Road Beautification 158 0 0 0 n/a Forest Lakes Roadway & Drainage MSTU 159 1,032,549 1,032,837 1,177,828 14.04% Immokalee Beautification MSTU 162 514,888 643,273 565,144 4.03% Bayshore Avalon Beautification 163 1,703,954 1,752,593 1,763,708 0.63% Haldeman Creek Dredging 164 188,494 186,670 207,503 11,16% Rock Road 165 46,017 69,346 69,346 0.00% Vanderbilt Waterway's MSTU 168 472,497 451,304 497,944 10.33% Forest Lakes Debt Service 259 0 0 0 nla Blue Sage MSTU 341 16,458 16,458 17,123 4.04% Collier County Lighting 760 899,656 908,274 908,274 0.00% 42nd Ave SE MSTU 761 2,332 2,366 3,031 28.11 % Palm River Sidewalk MSTU 1638 0 0 188,566 nla Pelican Bay MSTBU 778 1 742,7091 736,572 800,0541 8.62% Total Taxes Levied 529,015,172 553,644,556 616,556,091 Aggregate Taxes 529,015,172 653,644,556 615,556,091 LO aw a) LO N c •L R d 2 a> O m _2 a N LL t In R W c R a� R m O M E X R r O IZ O Q O C O 3 O N d LY r C d E t V t4 r Q Packet Pg. 173 11.C.a Exhibit A Collier County Government Fiscal Year 2024 Tentative Budget Collier County, Florida FY 2024 Taxable Property Values my 1, 2023 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 General Fund 001 122.148,279,016 136,181,503,700 138,668.175,558 13.52% Water Pollution Control 114 122,148,279,016 136,181,503,700 138,668,175,558 13.52% Conservation Collier 172 122,148,279,016 136,181,503,700 138,668,175,558 13.52% Dependent Districts and MSTU's Unincorporated Area General Fund 111 77,004,583,159 85,504,568,703 87,762.215,243 13,97% Golden Gate Community Center 130 3,192,042,433 3.533,947,794 3,573,074,058 11.94% Victoria Park Drainage 134 51,579,478 57,881,839 57,985,672 12.42% Naples Park Drainage 139 2,087,335,341 2,448,677,354 2,467,951,137 18.23% Vanderbilt Beach MSTU 143 3,400,864,108 3,673,154,129 3,512,537,975 3.28% Ochopee Fire Control 146 394,729.118 446,543,262 454,935,430 15.25% Goodland/Horr's Island Fire MSTU 149 114,842,049 132,522,132 132,828,803 15.66% Saba[ Palm Road MSTU 151 113,030,302 134,513,202 168,843,217 49.38% Lely Golf Estates Beautification 152 180,384,272 203,570,730 203,796,660 12,98% Golden Gate Parkway Beautification 153 1,210,155,429 1,343,918,034 1,351,201,209 11.66% Hawksridge Stormwater Pumping MSTU 154 89,403,181 100,880,733 102,783,410 14,97% Radio Road Beautification 158 1,752,181,904 1,953,141,915 1,958,171,593 11.76% Forest Lakes Roadway & Drainage MSTU 159 258,137,156 294,374,428 294,456,887 . 14.07% Immokalee Beautification MSTU 162 514,887,674 535,602,286 565,143,962 9.76% Bayshore Avalon Beautification 163 721,891,921 812,534,925 835,722,300 15.77% Haldeman Creek Dredging 164 188,494,128 209,524,024 207,503,446 10.08% Rock Road 165 34,307,828 56,749,097 85.517,869 149.27% Vanderbilt Waterways MSTU 168 1,574,989,812 1,737,585,970 1,659,814,377 5.39% Forest Lakes Debt Service 259 258,137,156 294,374,428 294.456,887 14,07% Blue Sage MSTU 341 5,485,859 5,707,668 5,707,668 4.04% Collier County Lighting 760 7,795,977,802 8,779,452,603 8,861,210,680 13.66% 42nd Ave SE MSTU 761 2,332,091 2,987,852 3,031,005 29.97% Palm River Sidewalk MSTU 1638 0 375,352,096 377,132,014 n/a Pelican Bay MSTBU 778 8,666,377,600 9,412,885,383 9,335,517,497 7.72% r CL O 0 O c 0 M c m E E 0 0 m w Q Packet Pg. 174