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HomeMy WebLinkAboutMinutes_Workshop_6/23/2021MINUTES WORKSHOP MEETING VILLAGE OF TEQUESTA, FL JUNE 23, 2021 6:00 PM COUNCIL CHAMBERS CALL TO ORDER AND ROLL CALL The meeting was called to order by Mayor Frank D'Ambra at 6:00 p.m. A roll call was taken by Village Clerk Lori McWilliams. Present were: Mayor Frank D'Ambra III, Vice Mayor Kyle Stone, Council Member Bruce Prince, Council Member Laurie Brandon, and Council Member Molly Young. AGENDA ITEMS 1. Review and Discuss the FY2021-2022 Annual Budget Village Manager Jeremy Allen presented a slide show for Council on the upcoming 2021- 2022 budget. The presentation included the following information as it related to the budget: American Rescue Plan Act of 2021 o Funds would be released to the states in May 2022, with disbursement within 30 days of receiving funding or request an extension with justification for request. o The Village was slated to receive $2.58 million dollars • Strategic Framework: Focus, Avoid, Enhance and Partner • ARPA funds were eligible to be used towards: Covid-19 or its economic impacts, revenue lost due to Covid-19, premium pay for essential workers, investments in water, sewer and broadband infrastructure. • Prioritizing funds for long term sustainability • Estimated revenue loss • Recommended use of funds Types of Funds: general, water utility, stormwater utility and refuse/recycling • Restricted Funds: capital improvement, building, special law enforcement • Highlights of the current fiscal year • Fund Balance Policy: unassigned fund balance and history • 2021-2022 Proposed Budget: budget summary, general fund, revenues, expenditures, summary by department, millage rate history, other funds • 2021/2022 Budget Calendar Council discussed the police vehicle replacement program, code compliance for Jupiter Inlet Colony, storm water reserves, water fee changes, long term goals, cardiac monitors, water rate percentage increases, returns on investments, Remembrance Park grant, Tequesta Fest, water price increases, business liaison position, financial sustainability, redevelopment, and annexation, Mr. Thomas Bradford of 44 Chestnut Trail, commented on the proposed budget and felt that the undesignated fund balance was low at 17%; he urged a minimum 25% goal. Additionally, he believed the county surtax would be paused soon and urged the Village to reevaluate. Lastly, Mr. Bradford did not find value in Tequesta Fest. ADJOURNMENT The meeting was adjourned at 7:16 PM. MOTION: Council Member Prince made a motion to adjourn the meeting; Council Member Brandon seconded the motion. Carried unanimously 5-0. Respectfully submitted, -&i, WAI.J C�cGt�• Lori McWilliams, MMC Village Clerk Note: These summary minutes are prepared in compliance with 286.011 F.S. and are not verbatim transcripts of the meeting. A verbatim audio record is available from the office of the Village Clerk. All referenced attachments are on file in the Village Clerk's office.