Finance Advisory Board - 03 Nov 2025

Finance Advisory Board - 03 Nov 2025. Location: HR Conference Room. Time: 06:00 PM. Agenda: Finance Advisory Board - 03 Nov 2025 - Agenda - Html AGENDA Finance Advisory Board Monday, November 3, 2025 HR Conference Room @ 6:00 p.m. Page 1. CALL TO ORDER 2. INTRODUCTIONS 3. PUBLIC COMMENT 4. APPROVE/AMEND PROPOSED AGENDA 5. APPROVE PRIOR MEETING MINUTES 5.1 Finance Advisory Board - 28 Jul 2025 - Minutes - Html Finance Advisory Board - 28 Jul 2025 - Minutes - Pdf 2 - 44 6. OTHER BUSINESS 6.1 Review Finance Advisory Board Schedule - FY2026 Finance Advisory Board FY2026 Schedule 45 6.2 Strategic Plan Update Vision 2030- Strategic Plan 46 - 80 6.3 FY2026 CIP and Budget Recap FY2026 Adopted Budget FY2026-2030 Adopted CIP 7. ADJOURN Document: Finance Advisory Board - 03 Nov 2025 - Minutes - Html Largo Finance Advisory Board Minutes Monday, November 3, 2025 @ 6:00 PM PRESENT: Board Member Haseena Papa, Board Member Bill Mackintosh, Board Member James Adams, Board Member John Stransky, and Board Member Andrea Gillotte ABSENT: Board Member Virginia (Peggy) Tucker and Board Member Valerie Hibbard STAFF PRESENT: Commission Liaison Donna Holck, Executive Assistant Jocelyn Streets, Finance Director Rebecca Spuhler, Management Analyst II Connor Anderson, and Performance & Budget Manager Jared Campbell A. Call to Order Called to order at 6:02 pm. B. Introductions C. Public Comment D. Approve/Amend Proposed Agenda E. Approve Prior Meeting Minutes 1. Moved by Bill Mackintosh, seconded by John Stransky, I move to approve agenda and minutes as written. Motion carried. 5-0 F. OTHER BUSINESS 2. Review Finance Advisory Board Schedule - FY2026 The City will be hiring a consultant firm to determine utility fees/rates for next fiscal year. Finance Advisory Board FY2026 Schedule 3. Strategic Plan Update Presentation by Finance Director, Rebecca Spuhler. The Strategic Plan was adopted by the Commission on October 7th, 2025. This will be used heavily during the upcoming Commission Retreat as they decide on priorities for the upcoming year. Vision 2030- Strategic Plan 4. FY2026 CIP and Budget Recap FY2026 Adopted Budget FY2026-2030 Adopted CIP Presentation by Budget Manager, Jared Campbell. The FY 2026 Budget was adopted by City Commission on September 16th, 2025. Us the " View the Changes from Proposed Budget " page to view changes that occurred after the 1st reading of the budget on July 1, 2025. In total, there was a 7.5 million reduction in spending for FY2026 and a 9 million reduction in FY2027.. James Adams asks about the old golf course area and if the City is still planning a park there. Staff explains that the main focus of this area will be stormwater management. Bill Mackintosh asks for clarification on the Bellair Bluffs and the Town of Bellair budget and fire service coverage. Staff provides clarification. Bill Mackintosh asks about "what if" scenarios for possible upcoming property tax changes. Staff explains that there would be an impact on certain areas throughout the City, but we will not know how much and where until legislature is officially passed. Commissioner Donna Holck confirms that she has asked the City Manager to communicate the real impacts of these changes to the Citizens as they happen. G. ADJOURN At the next meeting, staff will provide information on which Commissioner seated that position and the term end. There is a new Office of Performance Director, Kristina Messenger. The meeting adjourned at 6:54 pm. Diane L. Bruner, CMC, City Clerk