City Council

City Council — November 28, 2022

>> Welcome to the city of St. Petersburg City Council meeting and your elected officials our mayor Ken Welch district one hopefully Curtis. District 2 Council vice chair Randy gabbard district 3 and not marry. He's worked for with that kind of way. Every big Sanders. And Council chair Gina Driscoll. John Muhammad. And district day Richie Floyd. >> Evening everyone will call to order the 11/28/2022 meeting of the St. Petersburg City Council. We start with the roll call please share your and with your ex Anders the school year. The air. All right there Harris here. Thank you please join me in We have our invocation given by council member fig Sanders followed by the pledge of allegiance. >> Any guy hands. They have the father and all who we serve to find comfort and strength to become before you just want to say thank you. During this season of thanks and during this time of reflection. We want to ask you continue to get our hands into Marco hardship. Those that best influence. Those as we need. And I lived for the best interests. They have the fire just we come before you ask that you touch each and every household and to continue to bless and watch over each and every one of us. We continue we ask you to continue to help us make the best decisions that would make our stunt his constituents Prout as well as follow. But I love gardening we s that love the for ever present. We asked that courage comes before us and guide us and we asset integrity continue to help in mind. Lord we ask these naming these things in your name. And with these blessings for a day that we have never seen before. But we're so grateful and hopeful that tomorrow. What we did not accomplish today that we would be able to start anew these things we asking your mighty mentioned this name Amen. >> I was really just to laugh. America and so has one nation under GOD indivisible with liberty and justice for all. >> Thank you councilmember fig Sanders, sure that beautiful invocation. Council members have an agenda of a force for 2 or today's entertain a motion for approval. Move for approval. Second. We have a motion and a second to approve the agenda for today. All right seeing that there's no requests for discussion with the clerk please open the machine for voting. >> I'm sorry. >> All right, thank you again 10. This evening. We have the second reading and public hearing for the fiscal year 2022 and fiscal year 2023 budget reconciliation where cleanup ordinance 5.34 At the Nov. 10th budget finance and take the taxation committee meeting we had a detailed discussion of both the fy 22 and fy 23 recommended budget adjustments based on the Oct. 18th preliminary financial clues. And later that evening we had the first reading of the cleanup ordinance at the City Council meeting and between now and the Nov. 10th meetings there have been a number of adjustments or adjustments and entries to both revenues and expenditures and this evening I will give rise version of the proposed changes from first reading. The beginning fund balance for the general fund in fy 22 was 49.5 7 9 million and based on the city's financials as it will on Nov. 10th. 2022. The and the estimated fy 22 adjustments included on the cleanup ordinance it is estimated that approximately 11.8 3 9 million will be added to the general fund balance. The fy 23 budget adjustments included in the fy 2022 23 cleanup. Ordinance we'll use 7.2 7 0 million in general fund balance. The estimated net effect is an estimated increase of 4.5 6 9 million in general fund balance with flight 23 estimated ending general fund balance of 54.1 4 9 million. This increase includes the additional bp resources of just over 1 million received in fy 22, but not yet appropriate appropriated are allocated. And this is an increase of 971,000 over the first reading estimate any additional budget actions taken during the year which changed this ending estimate. Looking at an overview of the general fund at fy 22 year in. This chart shows the estimated fy 22 year in general fund balance based on the Nov. 10 financial reports since the first reading revenues have increased by approximately 1.4 million. The majority of the increase was in grants interest earnings and charges for services categories estimated expenditures in the general fund increased by 495,000. The net result is that the estimated amount added to the fund balance at the end of fy 22 is now 11.8 3 9 million compared to our estimate of 10.92 million at first reading an increase of approximately 917,000. Their actions in the fy 23 portion of the cleanup ordinance fy 22 rollover mats to fy 23 in fy 23 supplemental is that will reduce this amount. This slide shows the 5% Corps general fund target a 15.3 60 million and the 20% general fund group of funds target of 62.46 million and the estimated general fund balances at the end of fy 22. We estimate that the 5% Corps general fund target will be exceeded by 46.0 5 5 million and the 20% target by 40.4 4 9 million. These amounts includes the remaining an additional bp resources. But they do not include the 8.9 4 4 million in fy 23 supplemental appropriations and rollover amounts which will be discussed later in the presentation. That will reduce the general fund balance and therefore the amounts over target to fully expended by just over 7.2 6 9 million after County for one 0.6 7 5 million in associated Grant revenue. The Corps general fund target will increase from 5% to 10% in fy 23. And the new core balance fund target for fy 23 is estimated to be 33.6 1 2 million. Let's now look at the supplemental appropriations needed to to fy 22. The appropriations on the slide for the general fund total 5.95 million. And the amounts listed for the first item is for budget authority only and all amounts are included in the 331.6 1 9 million total expenditure estimate. Since first reading the amount for the fire rescue department increased by a 188,000 and the ports of the amount by 6,000. There are no new items added since first reading. In the other city funds there's a total of 16 funds that need fy 22 cleanup supplemental appropriations, some of the amounts have changed since first reading, including sunken gardens pnc debt. Marina Jamestown in port and 2 new funds were added the federal Treasury forfeiture and the golf courses fund. There are a couple of internal service funds that require increases and authority for fy 22. And all 3 amounts increase since the first reading. In the capital improvement fund there are funds that require supplemental appropriations in fy 22. But there are no changes in these amounts since first reading. At the end of each fiscal year we commit or signed certain amounts within the general fund these 5 categories were established when Council adopted the fy 23 budget we now projections for how much will be committed to each of these funds and the out that has changed since first reading is general fund operating re appropriation encumbered some out which is now 4.2 0 9 million. A full list of the fy 22 operating re appropriations is located in section 5 page 7 in 8 of the backup. Their total of 40 funds that entered into a contract. We're legal commitment to spend funding in fy 22 but were unable to complete the purchase and didn't or did not receive that deliverable during fy 22. These expenses are paid with fy 22 resources but will become an actual in fy 23. They're already these have already been edited out of the beginning fy 23 fund balances that are not have a budgetary impact in fy 23. Again the general fund there's a total of 4.2 0 9 million incumbents is to roll over to fy 22. Moving on to the general fund supplemental appropriations for fy 23. The fy 23 supplemental appropriation request for both the general fund and other funds are mostly made up of items programs or projects that were budgeted for in fy 22. But due to timing your other circumstances were not purchase are completed. Before year end and therefore the unexpected appropriation is requested to roll over to the next year to complete the purchase or project. Grandson on the part mental preparations to programs his fiscal years did not align with our budget fiscal year are examples of these types of supplemental appropriation requests. This slide nears the earlier fy 22 year inside and shows the impact of the fy 23 cleanup items on the general fund balance again bp funds in cares act expenditures are separated from the general fund operating and since the first reading the total rollover and supplemental request amount has decreased by 54,000. And is now 8.9 4 4 million. And I will highlight the changes in more detail over the next few sites. The net result is the estimated amount of the decrease in been balance during fy 23. Is now 7.2 7 1 million compared to our estimate of 7.3 to 4 million at first reading basically we're budgeting to use 7.2 7 1 million of the fy 22 surplus in fy 23. Going back to the slides had to be near the presentation when you combine the fy 22 in fy 23 cleanup actions. The total estimated net impact to the general fund is an increase in 4.5 6 9 million fund balance. Looking towards the future there are many ongoing in future planned projects that will require general fund dollars the site contains a list of some of these potential uses of the general fund balance, many of them are cip related and while we are adding to the fund balance now expenditures related to these city projects will spend down these funds and bring the fund balance closer to the general fund group anger, but funds target balances over the next few years. As mentioned on the previous slide, the total amount requested the general fund for fy 23 supplemental appropriations is 8.9 4 4 million. This slide summarizes these requests by department administration. There were changes since first reading with the decrease of 54,000. The community out decreased by 20,000 and the stormwater amount by 34,000. An additional information can be found in section 6 pages 9 11 of the backup. At the detailed information on the fy 23 supplemental appropriations for other city can be found on section 6. It is 11 to 12 of the backup. There are a total of 26 funds that have requested rollover preparations. Since first reading the only out that changed with the equipment replacement fund which decreased by 2.7 million due to the fire rescue vehicle purchases being recorded in fy 22. There are no changes to the fy 23 cip fund supplemental appropriation request since first reading. And there are still no transfers to the arts in public places 100 required based on our fy 22 transactions. And that's the end of the presentation that there's any questions. If the motion in a second to approve this item. But in cern working. Councilmember months Mary thank you, thank you, MADAM Chair. >> just wanted to Liz in your your whole team for all all the work that you've done to get us here today. And I also want to thank assistant city administrator Tom Green for spending a lot of time with me on the phone today kind of going through line by line all the different the changes that we had from the first reading so I'm glad we're moving this forward quickly today, thank you. Thank you since about and are working if anyone else has. Any remarks to make if you could just raise your hand. All school. It's cool that is. Now a casing that there's no further request for discussion. Will the clerk please hold a roll call votes. Mountain ayr yes, you know, it's yes, Rick Sanders and Yes, right. Yes. Yes, yes. Yes, the decision. >> That does it for our agenda items tonight. That can help inform to have a new request to speak. Exit will close up in front and go to announcements please raise your hand if you haven't