HomeMy WebLinkAboutAgenda_Workshop_7/22/2025 J
AGENDA
Workshop Meeting
Village of Tequesta
345 Tequesta Drive
Tequesta, FL 33469
Mayor Molly Young Vice-Mayor Rick Sartory
Council Member Laurie Brandon Council Member Patrick Painter
Council Member Jayson E. French
July 22, 2025 6:00 PM Council Chambers and
Youtube Live
Page
EEEZM
AGENDA ITEM
1. Discussion on Fiscal Year (FY) 2025-26 Proposed Budget 3 - 248
Presenter: Jeremy Allen, Village Manager
Please consider approving the Village Manager's Proposed Budget and/or
provide direction.
Agenda Memo #25-185 - Pdf
ADA ACCESSIBILITY: The Village of Tequesta strives to be an inclusive environment. As such, it is the Village's policy to
comply with the requirements of Title II of the American with Disabilities Act of 1990 ("ADA") by ensuring our records are
accessible to individuals with disabilities. However, there are records we receive from outside entities (contractors,
vendors, other state agencies, etc.) that are not ADA compliant. We take every measure possible to remediate those
documents, however, some records may not be compliant. If there is a file that is not compliant that you wish to access,
please contact the Village Clerk's Office and we will make an accommodation.
DISABLED ACCOMMODATION: Disabled persons who need an accommodation in order to participate in this Village
Council Meeting are requested to contact the Village Clerk's Office at 768-0440 at least three working days before this
meeting. Hearing impaired persons please note wireless hearing system receivers are available by requesting the same
from the Village Clerk.
PLEASE TAKE NOTICE AND BE ADVISED: If any person decides to appeal any decision made by this Council with
respect to any matter considered at this meeting or hearing he /she will need a record of the proceedings, and that, for
such purpose, he/she may need to ensure that a verbatim record of the proceedings is made, which record includes the
testimony and evidence upon which the appeal is to be based.
COMMUNICATIONS FROM CITIZENS: Public comments/communications from citizens are limited to 3 (three) minutes.
Anyone wishing to address Council should complete a "Comments by the Public" card and present it to the Village Clerk
prior to the Communications from Citizens. When you are called to speak, please go to the podium and state your name
and address for the record prior to addressing Council. Council will not discuss this item this evening; however, Council
Page 1 of 248
Budget Workshop - Jul 22 2025
may choose to have the item placed on a future agenda for discussion. Reference Resolution 25-18 regarding public
participation.
OTHER AGENDA ITEMS: Any citizen is entitled to be heard on any official agenda item when the Village Council calls for
public comments subject to the three-minute limitation. Village Council Meetings are public business meetings, and as
such, the Village Council retains the right to limit discussion on any issue.
Page 2 of 248
Agenda Item #1.
Workshop
STAFF MEMO x
Meeting: Budget Workshop - Jul 22 2025
Staff Contact: Jeremy Allen, Village Manager Department: Manager
Discussion on Fiscal Year (FY) 2025-26 Proposed Budget
Each year the Village Council is required to formally adopt (appropriate) an annual budget and set the
ad valorem millage (tax) rate. This annual budget sets the fiscal year operating and capital plan.
Budgetary Highlights:
The Village Council received the initial draft of the proposed budget during the Budget Workshop held
on June 16, 2024. Since then, the draft has been refined to reflect updated financial data. Notably,
the Palm Beach County Property Appraiser has issued an increase in assessed property valuations
effective July 1, 2025, resulting in an estimated $64,000 increase in ad valorem revenue. Additionally,
the contractual agreement for emergency services provided to Jupiter Inlet Colony has been
adjusted, leading to a projected revenue decrease of approximately $33,000. We are still awaiting
final cost details from our vendors regarding employee benefits.
At the Regular Council Meeting held on July 10, 2024, the Village Council voted to set the maximum
millage rate at 6.4595—the same rate adopted for FY 2024-25—for inclusion in the TRIM (Truth in
Millage) Notices that are mailed annually to property owners. Additionally, the Council established the
dates for the two public budget hearings: the first will be held on September 4, 2025, at 5:30 p.m.,
and the second on September 11, 2025, at 5:30 p.m. During these hearings, the proposed millage
rate and budget will be reviewed and formally adopted.
The proposed Village budget for all funds in the upcoming fiscal year is $52.9 million. This reflects an
increase of $4.2 million compared to last year's budget. The primary reason for this increase is our
continued investment in key capital projects that benefit the community. These include:
• $1.3 million for Phase 2 of Remembrance Park
• $100,000 for improvements along Old Dixie Highway
• $1.5 million in additional funding for water infrastructure projects
These strategic investments aim to enhance public spaces, improve transportation corridors, and
strengthen essential utility services for our residents.
Current Financial Condition and Reserves
The General Fund reserves currently meet the Village's target level of 25%.
Page 3 of 248