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HomeMy WebLinkAboutDocumentation_Pension Public Safety_Tab 28_11/03/2008Laur, Betty 'rom: Laur, Betty Sent: Wednesday, October 15, 2008 10:45 AM To: 'Bonni S. Jensen' Cc: Lori McWilliams (Imcwilliams@tequesta.org) Subject: RE: FW: Chapter revenue Will do Betty From: Bonni S. Jensen [mailto:bsjensen@hpjlaw.com] Sent: Wednesday, October 15, 2008 10:32 AM To: Laur, Betty Cc: Karen Amenita Subject: Re: FW: Chapter revenue Betty, Please add to the agenda for discussion. Thanks! Bonni S. Jensen <bs~ensen@hpjlaw.com> Hanson, Perry & Jensen, P.A. 400 Executive Center Drive, Suite 207 West Palm Beach, Florida 33401 ~lephone: (561)686-6550 racsimile: (561)686-2802 CONFIDENTIALITY NOTICE: This communication is confidential, may be privileged and is meant only for the intended recipient. If you are not the intended recipient, please notify the sender ASAP and delete this message from your system. IRS CIRCULAR 230 NOTICE: To the extent that this message or any attachment concerns tax matters, it is not intended to be used and cannot be used by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Laur, Betty wrote: Bonni -Please see below - do we need this on the agenda for the quarterly meeting or just email a copy to the trustees? Betty Laur Village of Tequesta Recording Secretary 575-6249 'rom: McWilliams, Lori .ent: Wednesday, October 15, 2008 9:32 AM To: Laur, Betty Subject: RE: Chapter revenue t Ask Bonni if the Board needs to have this on the agenda or if just a copy to them is sufficient. Thanks. prom: Laur, Betty :ent: Wednesday, October 15, 2008 9:29 AM To: Lori McWilliams (ImcwilliamsCa~teguesta.org) Subject: FW: Chapter revenue Should I add this to the agenda? New business? From: Forsythe, Jody Sent: Friday, October 10, 2008 4:01 PM To: McWilliams, Lori; Laur, Betty Subject: FW: Chapter revenue Lori & Betty, Attached is a schedule from Gabriel Roeder regarding the use of Chapter 175 & 185 Money (Premium Tax Revenue). This schedule details items and amounts related to premium tax revenues (Chapter 175 & 185) and related benefit improvements (including costs) from the base year of 1998 to fiscal year 9/30/2007. We have not received 2008 numbers at this time. -Jody Jo~ww 1=orsl~the, CP~F Finance Director Village of Tequesta X61-575-6207, ext. 270 j forsythe(a,teguesta.org www.Tequesta.org Please note: Florida has a very broad public records law. Most written communications to or from state or local officials regarding state or local business are considered to be public records and will be made available to the public and the media upon request. Therefore, your a-mail message may be subject to public disclosure. C O Te uesta Firefi hters Use of Chapter Money Worksheet _ __ __- Base - -- -__ __ _ ~ FY FY FY FY FY FY FY FY FY FY 1998 1999 2000 2001 2002 2003 2004 2005 2008 2007 _ _ Actual Chapter Revenue ~ - Police _Fire 36,341 35,119 31,247 36,604 43,253 55,994 56,536 63,412 67,742 73,950 Fire_ Supplemental _ - - 4,783 - 2,061 3,129 - 29,110 18,971 62,102 36,341 ~ 35,119 36,030 36,604 '' 45,314 59,123 56,536 92,522 86,713 136,052 ' Additional Premium Tax Revenue (current year minus (base year+cumulative amt of ben imp __ Police _ - - Fire - , - 263 6,912 ~ 19,653 20,195 12,679 4,330 10,538 Fire Supplemental - - 4,783 - 2,061 3,129 ' - 29,110 14,333 57,464 __ Total _ - 4,783 263 8,973 22,782 20,195 41,789 18,663 ! 68,002 -- ~- Cost_of Current Year Benefit Improvements - - - - - - 14,392 ~ 17,317 - -from Regular monies 14,392 12,679 -from Supplemental monies 4,638 Cumulative Amount of Benefit Improvements _ -from Re ular monies -from Supplemental monies - - - - - - - - - - - 14,392 31,709 ' 31,709 14,392 27,071 27,071 - ~ - 4,638 4,638 31,709 27,071 4,638 Current Year Increment .I. _ _ , - . _ (CYAdd'I Rev. -Cumulative Im rovements p ) -from Regular monies - from Supplemental monies - 4,783 - - - 4,783 263 , 263 - - _ ~ 5,803 10,080 8,973 22,782 (13,046] 36,293 I- - - 6 912 19,653 5,803 _ (14 392)_ (22,741), (16,533) - - - -- 2 061 3,129 - 24 472. 9 695 52 826 , , Benefit Reserve Used for Benefit Improvements 36,801 Accumulated Balance of Unused Revenue i I (not < 0) -Regular - -Supplemental - - - 4,783 263 4,783 7,175 6,844 26,828 9,973 5,803 , - 5,803 24,472 10,133 38,805 20,671 96,269 Total - - 4,783 5,048: 14,019 38,801 ' 5,803 , 30,275 48,938 118,940 Lesser of Base Year or Current Year - Re ular 36,341 Lesser of Base Year or Current Year - Supplem - 35,119 31,247 36,341 - 36,341 ' - 36,341 36,341 - 36,341 ' 36,341 36,341 1 -- Allowable State Mone Re ular Y g __ Allowable State Money -Supplemental ~ 36,341 35,119 31,247 38 341 36,341 - 36,341 50,733 83,412 ' 83 412 83,412 4,838 4,838 4,838 - - - - -- -- - _ _ _ - - - -- - --, I Benefit Im rovements: Ord. No. 550, 549, 555 Ord. No. 585 14,392 Ord. No. 598 17,317 C:\Documents and Settings\blaur\Local Settings\Temporary Internet Files\Content.Outlook\YX51 DR56\State Money worksheet -Fire Pg 6a.xls