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HomeMy WebLinkAboutMinutes_Workshop_7/22/2025 c, ti MINUTES Workshop Meeting Village of Tequesta, FL 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 CALL TO ORDER AND ROLL CALL The meeting was called to order by Mayor Molly Young at 6:00 p.m. A roll call was taken by Clerk Lori McWilliams. Present were: Mayor Molly Young, Vice- Mayor Rick Sartory, Council Member Laurie Brandon (via Zoom), Council Member Patrick Painter, and Council Member Jayson French (via Zoom). AGENDA ITEMS 1. Discussion on Fiscal Year(Fl) 2025-26 Proposed Budget Village Manager Jeremy Allen presented the proposed budget for fiscal year 2025-2026. Portions of his presentation included: a comprehensive budget review, future meeting dates, and a ten year historical millage rate. He suggested no millage rate increase planned for the current year despite an 8.4% overall increase in taxable values, reviewed budget changes from the first workshop meeting, general fund proposed expenditures, general fund proposed revenues, fund balance history, millage rate proposal impacts, Building Fund, Building Fund projected unassigned fund balance, other governmental funds, 5 year Capital Improvement Program, Capital Improvement Fund, Enterprise Funds, Water Utility Fund, monthly water rate comparisons, refuse & recycling, Stormwater Fund, new proposed vehicle replacement fund, and decision points. Mr. Allen noted the budget increase over last year was mainly due to public safety salary increases and projected $357,000 over the three-month target for the fund balance indicating good financial health. He pointed out a 3.5% water rate increase planned as part of a five-year plan for treatment plant upgrades, $270,000 annual vehicle replacement fund with $135,000 allocated for large fire vehicles and $1.3 million proposed from reserves for Remembrance Park phase two construction - to which council members expressed a desire to delay phase two to assess usage and maintenance costs of phase one. Manager Allen continued his update noting a $1.4 million planned for Old Dixie right-of-way improvements, $855,000 budgeted for Tequesta Bridge structural maintenance, and Station 11 remodeling funded through multiple sources. Council had comments on: the reserve fund balance reserve target, funding for Remembrance Park, water rate comparisons, millage rate reduction scenarios, keeping the millage rate flat, recreation center loan, health insurance, stormwater fee, recycle & refuse fee, vulnerability assessment, utility projects, swales, clarification on rebudgeting projects, and vehicle replacement costs. Manager Allen confirmed at this point they would hold off on Phase Two of Remembrance Park, to which Council agreed. ADJOURNMENT The meeting was adjourned at 6:54 PM. Respectfully submitted, -��k� ff6l&i2�' 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.