Super solar. Well, I take red. Super solar storm. I didn't know there was a super solar storm coming. That's the only way I can do it. Yeah. Otherwise, we share this video on Right. It's coming up any day now. Like Sunday. It happens. It's like always Red
Bug all the lights are timed. Mhm. So, and then 4:36 they're time for the most part except for the traffic. You go. So, people driving. He hasn't even moved into his house. Holy
My kids are pretty convinced that tomorrow's last day and the next day they go first. I was like, "No, summer break." I was like, they're like, "Yeah, no. We're only ready kindergarten first." I was like, "You got to wait." Like summer break. Yeah. One after the next. Yeah. Yeah. So,
right now we can take kindergarten next year. Kindergarten. Oh, that's a good age. But I'm taking on the Yellowstone in two weeks. So, are you really really sure? I'm going to RV around. Very cool. We Ben and I do parks like
national parks like every 2 years. It was the first one to like bring the gift. It must be from We asked Teddy to describe what a mountain today. We're like, "Oh, this is going to be good." Yeah, you're not. We might even
see some snow. We might watch all the races. You guys all ready? Yep. I couldn't make it to the end. All right. I'll call us to order at 5:30. We've got all the council present. So, we will start off with
uh public comment. Do we have any citizens in the audience wishing to address council at this time? Hearing none, I will close public comment. We'll move on to the second order of business which is the fiscal year 202526 budget May update. Mr. Cobb. Uh thank you deputy mayor. And as uh we
go through the process we all you recall we begin the actually staff began the process in January and we came to you in March uh initially and then we had each month we bring you an update as we receive more information as we receive new
information uh regarding the development of the budget. um we have some new information to provide for you tonight and I'll turn it over to uh Mr. Boop and let him walk you through it. Okay. Well, thank you, Mr. Cobb. Um M. Jones, if we would go down to the bottom of the uh
2425 adopted, I'd like to start right here only because um this is our best look so far of where we're going to land at the end of the fiscal year. But before we do that, um some we had some developments this past Wednesday
uh that came up as a result of our discussions with our bond council and he uh pretty much advised us not to do the bond issue this next year for the police annex. And the reason for that is because there are certain expenditure
requirements associated with when the dollars are spent. And we have to make sure that when the dollars are spent, they fall within the three-year arbitrage period. And it looks like based upon the information that we've gotten from ZA is that period is really
not going to start in in earnest until June or July of next year. We have plenty of funding available to us with the monies that we have pledged out of the general fund uh the ARPA interest and also police impact fees. So we have
plenty of money to hold us over through that period until we actually have to do the bond issue. So delaying the bond issue means that we're not going to have to reduce the millage rate this year to compensate for um what the bond is going to cost us. And we will have a better
look at doing that next year. So in addition, next year the amount that would be required to pay off the debt that we proposed will be much lower. So it's good news all around because we'll have less fund balance hits. More than likely the millage rate
that's required for the 15, 20, and three 30-year proposals will be even lower than what we proposed to you this year. So next year is will will be a much better uh more favorable financial position for us to be in. So tonight
we're going to start uh the conversation with as Mr. Cobb said, you know, when we go through the budget process, uh it's a very fluid process. Things change uh from month to month and we want to make sure that we give you the best information that we currently have available. Okay? Based on the
developments that we had uh this past Wednesday night, this presentation will roll us through that. So looking at the bottom about this time of year every year, I always get asked the question, Jerry, where do you think we're going to land at the end of this fiscal year? So
we're starting out uh looking at the operating reserve, the projected um beginning balance this year, which ties back to the audited financial statements. We had originally pledged $4.1 million in use of fund balance. So
if we can go over to the right, Kelly, just to see that recap, that would be very helpful. So the project budget carry forward uh 115,000 open PO carry forward another 840 100th anniversary
170,000. Hurricane Milton 229 capital reserve, remember we asked we just we talked about giving capital a jump start next year and we asked for $550,000 out of reserve. I've been talking with Kelly and Nadia and Mr. Cobb about that. I'm not really sure
that based upon our most recent updates that's going to be necessary. So, we might possibly back that out. Um, you can see that the payoff the general fund debt has been removed. The 2.2 million that we have pledged towards the police annex construction brings us to a total
amenities of fund balance of 4.1 million. So, going back over to the left, looking at this year's budget and where we're potentially going to land, it looks like we're going to land north of 16 million um at the end of this
fiscal year. Now, these are based on budgeted results, not actual results. I'm hopeful that the budget, the actual results are a little bit more favorable than that, meaning that we'll probably balance between 16.5 million and $17
million as an ending uh fund balance. So, looking at that number, we always match that up with a couple different um things. We match that up with the targeted uh GFOA best practices of 16.67%. We're well north of that. We also take a look at our own internal
policy of 15%. We're well north of that. Okay. So, the amount available over our policy balance is um 10.5 million. So, good position going into the end of this fiscal year as as best we can see right now and good pos position going into
future fiscal years as well. Any questions so far? Going back. Yes, sir. I'm I'm still kind of confused about the uh the bond. Are you saying that we're going to uh issue the bond in 2027? I would say that right now based upon
what we know we will probably start the process sometime in June of next year with the intention of issuing the bonds sometime either late September or early October okay of next year. Now how how does that get reflected in the fact that
we we're on like an 18month design and construction schedule. So that's taken 12 months out of that 18 months. That's a great question. What we have is that um go back over to the right and Kelly if you can. We we're taking $2.2 million
out of fund balance to actually fund that interim period that you're talking about. But in addition to that, we've got another $900,000 plus in uh in ARPA interest as well as impact fees. So we've got funding that will get us
through that 18-month period. Uh in addition to that, we've also passed a bond resolution. We did that last year that basically said anything before the issuance of the bonds, we can reimburse ourselves out of the bond once we get the proceeds. And then once we start the
construction phase, which is going to be approximately around July of next year, um we'll do another bond resolution basically to cover the construction phase. So we've got plenty of funds available to us. Um, and once we get the go-ahad to go for the bonds with our
bond council that we can prove that we're not going to have issues with the arbitrage period, uh, we will do so. But right now, it's all about protecting ourselves, uh, with the arbitrage period so we don't have to pay additional taxes and actually lose some of the revenues that we gain during that arbitrage
period. Okay. Okay. Trying to make sure. Oh, thank you. Great question. So, that's where we that's a recap of where we're currently at. Um and then going back up at the top and looking at the numbers revenues
first um Adalorum revenues right now based upon our our our recasted discussions are anticipated to increase $1.6 million and that's at 7%. Now 3:30 last Thursday afternoon, we received an
update from the property appraisers office and we found out that our rate is going to be 7.5%. So even more favorable, which uh based upon our current estimates, we didn't have time to go back through the model and do all the recasting work
that's that that would require, but it looks like that's going to be another $75,000 to us. Uh so good number. Utility taxes we're forecasting based on trends going forward an increase of about
175,000. Business tax receipts flat. Licenses, permits, and fees. Um trending those forward, we're looking at an increase of about 93 almost $94,000. And we've discussed this before, but looking at the intergovernmental line, there's two big
lines in there that we're very concerned about. um the revenue sharing and the half cent sales tax. Those are consumptionbased taxes, meaning that those revenues that we get through those lines are based upon how people spend money here in the state of Florida. And
we've had these discussions in the past. We have anticipated these decreases coming up. Once ARPA has taken its course, all the government spending has taken its course, the inflation reduction act has taken its course, the money starts leaving the economy, we anticipated this type of a decrease. And
based upon the trends that we're looking at right now, the 421 almost $422,000 looks like a very solid number unless we get additional information in from the state. Now, we will get updated information from the state economist in the month of July. Okay? Okay. So, we'll
true up that number when we make our bud our budget presentation to you in July to agree to their numbers. Charges for services increase slightly. That's based upon um predominantly two things. Uh the
ambulance revenues and also uh slight increases in uh recreational um fines and forfeertures. Uh basically $18,000 increase. other revenues. Uh, as we've previously discussed, we've really
had a very we've always had a very difficult time with other revenues because that's where interest income is embedded. So, we've anticipated a decrease in interest income over the years. Um, it hasn't really materialized and um, we do expect two rate cuts this
year based upon the signals that we've received from the feds and something that's coming out of the president's office. So we've programmed a slight decrease in there. Could be even higher as we go into next fiscal year, but nonetheless, we think we have a fairly
conservative number in there. So all things considered, total of 42 almost $43 million in revenues going into this next fiscal year, an increase of about 1.5 million. Any questions about
revenues? Okay, hearing none. Moving on to the expense uh side, uh looking at uh general government salaries and benefits, we're forecasting a 4% increase based upon the information that we have received thus far from the salary surveys that we've done with
other cities in Seminal County. Um, looking at police salaries and benefits, skipping over temporary salaries, looking at police salaries and benefits. Uh, that is related to the items that we talked about in our executive session uh, this past week and
those numbers are programmed in there. Uh, looking at the pension again, the pension numbers, the 19.7% being reduced down to 17.68, those are given to us by the actuary. Those change every year. We get actual valuations in from the
actuary in January of every year. We get updated numbers that will affect the subsequent fiscal year. So we'll know what the 2728 numbers are going into the budget for uh or 2627 numbers are going into the budget
for next fiscal year. Excuse me. fire salaries and benefits uh according to uh what was um negotiated according to their their their contract overtime 4% increase. Health insurance um just
great we've had great experience in the health insurance lines and um we we're hopeful that that trend continues. Last year we budgeted a 4% increase uh for health insurance that didn't materialize and so we took it out this year and
that's why we see a reduction of $213,000. HR um conjunction with the Garing Group has just really done an outstanding job not to mention the impact of the wellness uh uh clinic on the employee population. Um it's just
yielding positive results. Now that can change on a dime. We know that. But however uh we have sufficient funds um in the healthc care fund to um cover that time period should that occur. So well positioned now workers compensation
in conjunction with um general insurance we know going yeartoear that there's going to be a 10% increase somewhere. We just don't know where. Uh so we forecast a 10% increase in worker compensate comp compensation and also in general
insurance. Uh so that number will be reduced once we get the actual numbers in from public risk management or changed excu excuse me and will reflect the appropriate adjustments and the appropriate lines. The one thing that we're concerned about and which is embedded in general insurance is the
trends for property insurance obviously, but there's also been a lot of discussion about tort reform up in Tallahassee, which didn't go anywhere, but nonetheless, the insurance industry is vibrating over that. So, we have to be careful and watch those numbers uh very closely.
looking at the vehicle replacement fund, vehicle purchases. Uh, you know, again, you know, we try to get as much as much number as much funding and that number as possible. Um, and you'll see a $79,000 increase that number over the previous um fiscal year, which is
basically is related to the decrease for the fund leases for the replacement fund leases that we currently have. As those numbers decrease, so we pay off those notes, we put the difference up in the in the vehicle replacement line. General insurance, we talked about operating
expenses actually decreased 1% and that's primarily because um recreation went through their budget line by line. There's other departments that reduced their budget as well, but they brought $100,000 to um reduction to the table.
Uh in addition to that, uh Miss Jones and Mr. Tador took an extremely close look at some of those lines in our budget such as fuel, um vehicle repair costs and things of that nature where we just um we add like a 4% or 5% increase
every year just to make sure that we can cover those lines. But we we went back and we reted those lines and we adjusted those lines based on what's actually occurring. So we reduced those percentage increases slightly.
taking a look at capital expenditures. Um that's just basically that's math. That's what's left over right now that we can actually pour into capital expenditures. Um and as you can see that looking at the prior years that is a
significant increase for us. So things are headed in a very positive direction. We haven't actually taken that number and aligned it up with um the priority list that Miss Teddor put together as a result of our meeting with the directors
this past April. But we will do that as we get further into the process probably July if not um if not August. So we've programmed in reserve for contingency of 400,000. Uh and uh that gives us a total expense budget of
$41.8 $8 million which yields a contribution to fund balance of $99,000 from the excess of revenues over budget. Any questions so far? Going down, this is where there's a
lot of ins and outs. Uh transfers in. These come primarily in from the utility, water, sewer, storm water. Uh transfers out. Uh we have a transfer out to the IT fund of about 1.4 4 million I want to say uh transfers out to um the
insurance fund as well. Uh and uh there's one other fund I can't remember technology improvement fund. So those three funds basically that comprises uh that transfer out transfers out transfers out debt. Uh basically we're going we're programming that
transfer in this year because we're not going to pay it off. So all those things considered yields a balanced budget um and basically gives us u a projected ending fund balance of $16.5
million. And that's how things are looking at this point in time. Now going back up to the top of the schedule and to the right we show excuse me we show basically how does the millage rate flow. Current operating millage rate is
5.9540. We're not doing the GEO bond right now for public safety. We'll bring that back to you next year and we'll plug it into this very same budget process that we have already had um next year. Uh we have a geo bond for veto on
the park savings of 00070. So we're adding that back into the overall millage rate, operating millage rate, excuse me. Um taking a look at that updated operating millage rate and adding back in the um millage rate for Obito on the
park of.1140 that gives us a total millage of 6.0750 which is unchanged from the current fiscal year. Any questions? What is the benefit of not paying off the debt this year versus last year? Are you just trying to
line it up with the bond or I mean yes that's a great question. And there's a couple things. Um we are trying to line it up with the bond uh so that um we can have an offset and in addition to that our interest income is higher than the
interest that we're paying on the bonds. So we by not paying them off we will actually yield a small marginal net positive cash flow through interest income. Uh, one of the bonds, excuse me, excuse excuse me, one of the debts is
about 3.15, I think. The other one is less than it's right around 2.5. I can't remember off the top of my head. Something like that. And right now, we're yielding right about 4.5% interest with our combined investment portfolio. So, paying them off early right now
because we don't need it for the military offset does not make um cash flow sense. Does that make does that make sense? Okay. because that's why we aren't doing it. Now, if we were doing the other bond issue, absolutely it would make sense because we need that
offset to make sure that we have adequate funding to for operations for the next fiscal year. Any other questions? Questions? Okay. All right. That's a recap of where we're
currently at. Uh looking forward, excuse me, looking forward, uh we'll bring to you an updated general fund outlook in June. We'll have more updated numbers. We'll have the 7.5% in there. I don't
anticipate the expenditures moving a heck of a lot other than there might be some adjustments to capital. Revenues are going to move a little bit because we'll be able to get forecasted numbers in there. have better forecasts for
consumptionbased revenues, better trends for a couple of the others. Um, and in addition to uh what we'll present to you for the general fund next month, we will also bring to you the water sewer fund as well as a storm water fund and fleet. So, we'll get those done early this year
so that you can see uh where we currently are. Uh those numbers are fairly etched in stone as a result of the rate study. uh we just have to uh graft in the the expenditure forecast for the next the next year and we'll be
done. So when we meet on the 23rd of June next year, we'll have three or four presentations, an updated general fund. Uh we'll just highlight the changes, the fleet, water, sewer, and storm water. Have I missed anything? Okay, that's
where we're currently at. Okay, good position. Very solid position. I have one. So with the 7 and 12, so we're looking at probably getting 7 1.5% that's going to be, you know, an increase of of what's here. Do we um do we anticipate spending uh more money on
these items or is that the kind of thing where we could use that to lower the millillage to Great question. You know, I I would I would be very hesitant to make a move to lower the millage at this point because that will impact our financial position for next fiscal year.
If we're to pay off those bonds and use that as an offset to our millage rate, that could jeopardize some of the decisions that we have in front of us. Great thought. I actually thought of that, but um I'm concerned about where we're going to end up next year and I want to make sure that we are in the most favorable position that we can
possibly be in to offset the millage rate that will be required for the police station annex. And by lowering it this year, that might not create the most favorable position for us to be in. But also in addition to
that we have to be very careful with our capital expenditures. Okay. In addition and also our fleet expenditures. We have been behind for years. And the only reason that we are somewhat caught up at this point is because of the great work that Mr.
Patrick Kelly has done with the ARPA proceeds that we received. The $20 million that gave us a quantum leap. It didn't reset us back to where we need to be, but it gave us a quantum leap and I would hate to lose um any positions that we currently have
going forward and and erode the current position that we have right now. So, it's it's a tough it's a tough adjustment to look at right now based upon that information, right? Okay. Thank
you. Anything else? All right. Then we'll move on to item number three, which is our fire district technical study. Mr. C. Uh, thank you, Deputy Mayor. Uh, we, uh, as
we watched the, uh, legislative session unfold this year, and we saw the various bills that were being introduced to, uh, basically impact our, uh, our ability, our revenue. uh we looked at how could we look we started looking for options
on diversifying our revenue. Obviously a couple of years ago we established uh the uh fire special assessment district and so we thought we would see if there's interest uh in u investigating that that fees establishing the fee uh
for the district. uh it will require us to conduct a technical study uh to determine what that fee would be and uh so we just wanted to see if there was any interest in doing the technical study uh with council. Well, obviously we wanted to show you the good news
first. Um and uh but it's we just got concerned about with all the things that were going going on in Tallahassee and then knowing that next year there's probably going to be more and so we just wanted to see if you had any interest in doing that technical study to determine
a possible um fire impact a fire district fee. And Mr. Boop, is there anything else there? Yeah, Mr. Cobb, if I may. We've talked over the years about diversifying our revenue stream so we're not so reliant on uh the millage rate so
to speak and whatever this study would yield um we would propose a millage rate offset. Okay. But in addition to that, we're we're we're very concerned, you know,
about the increased costs of capital as a result of inflation because of ARPA, the inflation reduction act and things of that nature. And when you're in a really good financial position such as we are right
now, I wouldn't say we're an A+, but we're in we're in much better financial position than we've ever been in since I've been here. This is a good time to take a look at what Mr. Cobb is proposing in a relaxed environment where
we don't have to rush through it, be in a panic to get something done because it's absolutely necessary. So, I look at this as being an excellent exercise in a relaxed environment to see what it can provide
for us. The last time we performed this exercise, we were totally upside down. um and years behind in our uh capital spending and ARPA bailed us out. We don't have that problem anymore. Okay,
we have to be careful going forward, but we no longer have that problem. So again, I think that this would be an excellent exercise for us to consider in a relaxed environment just to see what it yields. Those are my thoughts. That's
what I would like to add. Thank you, Mr. C. And and that's the thing, the reason we're asking is that we didn't want to go commit the funding for the study if you didn't have interest in in pursuing the study. And so that's why we're asking about the study first is that if there's interest in the study, then yes,
we can we can do that. If there's no interest in the study, then we won't we won't pursue it. Couldn't we offload it via millillage without doing a study? if we wanted to just segregate it
to keep a closer eye for transparency purposes. I think that might be a first step to consider versus reconfiguring how we charge people completely which I I get why you would want to do that as well. I apologize may but I'm not sure I
understand your question by offloading um if we wanted to fund the fire district that so the fire district already exists but it has never been funded. So if we wanted to fund it with millillage, we have a number. What millillage would it take to cover the cost of the fire district? And I I think
we would not have to invest in a study if we wanted to just put it in there, subtract that from the other side, and then we would at least have a funded fire district. That's kind of how the county has their setup.
So based upon where we're at in our budget development right now, Kelly, if you just go down a little bit so we can see just, you know, where we're at with in in conjunction with the county. Uh, our millage rate cost right now. Could you talk a little closer to the
mic? Thank you. Yeah. Our our millage rate cost right now is 2.5408. That's where we think that we are currently at. Again, these numbers are going to be changing between now uh and the end of the budget cycle, but the county MSTU is
2.769 and uh the difference is 2241. So to fund our current cost of 10.9 million would require that we allocate 2.54 of our mill rate over to the
Ovido Fire District. Now on this I I remember when we were doing the feebased method we were not allowed to include was it paramedic services could not be included but fire could it's the ambulance services when we do it with a millillage can we also include paramedic
services we can I'm I'm seeing a nod over here possibly I don't have the answer to that we can't create a separate millillage for the fire district it would just be fairly certain It's just an increase in
our operating millillage. We are not like the county. We cannot create anything separate. Ah, so we are not allowed to have a millage funded fire district at all. I don't think so. No, we're not allowed to have an MSTU type.
Okay. Well, in that case, I'm not interested in doing a feebased system at this time. Any input down there? Uh, I'm not not in favor of building the fire district at this time. I'm still not really
sure I'm still not really sure where like where we where we are why we would be doing it. So, I know that the state has been talking about things like eliminating property tax, right? um we certainly wouldn't be able to
offset all of what would be taken away from us in the event that that kind of thing were to happen. I I've also everything I've read has been kind of light on details as to how the state thinks we should fund things like public safety and roads and all the county and
city stuff. Um, so you know, doing this to try to get ahead of something that where I don't even get the feeling that there is really a plan. Um, I I I mean it it seems like what what you're saying here is that we want
to have a way to raise money other than property taxes, but we wouldn't be able to raise all the money that we currently raise with property taxes by doing this. It would mean that cities who didn't have this would be completely high and dry. Maybe it's just hard for me to imagine
it that happening. It's hard for me to imagine something happening in a way that this particular thing would help. Am I missing something about that? The best way I can answer your your
thoughts is that um year-over-year the state proposes something to decrease revenues. Yeah. Uh this past year there was an adjustment where they added the CPI to the second $25,000.
Right. The revenue impact to us this year is $40,000. Going forward that number is just going to increase. Right. And the concern is that that is one avenue that the state is taking with us. If they add additional
avenues or property tax reductions, then we need to consider some alternative revenue source or we cut services. Right. Right. So, you know, again, you know, this is
just a way to look at a methodology in a relaxed environment in case we ever want to pull the trigger on funding the fire district. We won't have to do it in a rush, very relaxed. So, it sounds like the proposal is that
this would be required to be feebased because we can't do it with millage, correct? It would be a fee based. Yes. And there would be the study would be to it would tell us what the fee should be is what the study does. And yes, it's
um you can't you can't fund all of fire operations with it. You can only do fire suppression and but you can do all of operations and you can do all of capital. Uh the emergency uh the emergency ambulance service, we would not be able to fund that through the
fee. that would still have to be funded through our uh Aborum is what it would have to be done. But it's it's really it's looking at if we were it establishes a dedicated funding source. That's what it does. And because as in
in our current millillage in our current millillage obviously that covers everything that's funded by general fund. What this would do is take it out of the general fund. It would make it into a special revenue fund I would assume. Correct. And then the fees that are collected would then go into that special revenue funding. It would be
used to pay for the fire suppression, what we call fire suppression uh costs is what it would be done. And then they would not be included in the general fund. And so what Mr. B was saying then that's an opportunity that yes, we could like you and I talked about revenue neutral that we could possibly reduce
the millillage right by a certain amount. It's never going to be dollar for dollar, but but by a certain amount because we're no longer funding that operation with the millillage. And so that's what it is. And um we uh you know, like I said, it's
it's one of those we have great news so far in the budget process. It's not something that we have to do and but we do believe that the legislature, the state legislature is not going to stop and we may be in we may find ourselves
in a position where we need to look for different a different revenue source and so this was one we already have the district created. Uh this was an opportunity that we could take a look at it and like I said before if the council is not interested in doing it right now that's fine. uh we just wanted to ask
before we we went down the road and spent money and a lot of work you know to come up with the uh with it because uh we'll have to do an RFP we'll have to bring on a consultant a lot of number crunching a lot of especially from the fire department on calls and everything
so it's pretty it's a pretty intensive study and but so we wanted to ask to see if there if there was any interest and if there's not that's fine how long would that study take do we anticipate I think the last one took it was about 6 to 8 months if I remember correctly. Yeah, it took about 8 months to
complete. So I mean in theory if the So it sounds like there's two scenarios, right? One is where the state says you can't have property tax anymore and you guys just got to figure it out, right? In that case we have well we have a lot of problems, right? The the other and and so does
every city and county in in the state, right? The other is that they keep doing things to lower the taxable value, right? So in that second case, we could offset that with millillage. Yes. Um to get to a revenue
neutral point, right? If the state if the state legislature did something that reduces the valuations, then yes, you could increase millillage to offset, you know, still still have the same revenue. Yes, you could do that. So, it's it's really that first scenario that we're
looking to um that's the concern build some some protection against, but I just feel like if that happens, we're going to have so many other problems and so is everybody else that that it's it's hard to anticipate where we would be and what we would be doing and how we would get ahead on it. Right. Well, it sounds like
there's not temperature to do this right now. I don't think there is. So, go ahead. you know, if if we already know that the study's going to tell us it's going to be a 2.54 equivalent
uh on a fee base, why do we even why do we need the study? What what's the requirement for the study? The study would help us determine what the methodology would be. If you'll recall the last time that we went through this exercise, there was
probably six different methods that were proposed from the consultant and the study would help us understand what methodology to to to use and what rate to use. But we're still talking about equivalence, right? Yes, sir. We want to
lower the millage rate based somewhere around the amount of the fee structure that we're going to levy. Yeah. The intent right now is not to create a fire district that funds 100% of the current fire suppression operations. The intent
is to create a release valve, so to speak, to offset any future revenue reductions that might be forced on us from the state. Six, since we've already done it, 6 to 8 months seems like a long period. How how much would it cost us? That's what we'd
have to do the RFP for. I I'm not really sure numbers. What was the last one? Last one. I don't recall. I I honestly can't 100,000 million was it? I would say more than 100,000. Okay. Cuz you know, part of our job is to look over the horizon a
little bit. We didn't do it in certain cases, but you know, we ought to at least look over the horizon a little bit to be prepared for something that might occur. You know, if it's not a ownorous amount, I would think a 100,000 would be
ownorous, but we should be able to take the old study and update it with new numbers and come up with those same scenarios. Yeah. And if we need it in two years, we we would have it. It it we basically have to start from scratch.
The data the data that in the in the prior study would be so old, we'd have to start from scratch. It's what we would have to do. So, it'd be a new study complete. All right. Well, it doesn't sound like we got consensus, but it's in my mind, it's not a bad idea.
It's just if you don't know some of those details, then maybe it's not a good idea. Okay. How many years is a study good for once one is done? Is it a two-year horizon and then you got to do a new one to justify doing it?
I I can't answer that question, mayor. Um, you would think that once the study is done, um, the longer you wait to implement the I mean, I thought I thought there was like a one year somewhere. I heard that there was a
one year and then you could maybe get away with a two-year horizon, but that was it. Usually usually because the data is older. Yeah, the data is older that it's based on. So like if you're if you adopted it, most of the time the data is at
least a year old or two years old by the time you adopt. And so it yeah, you if you get six, you're always chasing the data. And so that would be why for storm water, water, and everything else, we're going to be on this 5year cycle starting at the four-year mark so that we can,
you know, try to be cut up, right? And and to your point, you know, if if the fee was to be implemented at some point, you'd want to go back and do a recast and another study to determine, you know, whether or not you're on trend and recapturing what you need to recapture.
So, you know, those things that they never go away, you know, but the underlying data can change that drives the number. So, and especially in this case, the cost of the capital will cost capital probably double. So,
Let's say we started today. What when would we be planning on implementing the district 27? I would say fiscal year 2627. So we that's the year after next. So
yeah. Um we're in 2526 now. So it' be 2627. I mean that we're budgeting for 2526 now. So it would be so if something happens in the near future and you back off 6 months
we can revisit later. I mean that we can revisit it such you know later on in the year uh if we see something coming out of coming out of the state legislature we can revisit so we can set the timing so that the fee the fee could be adopted in
time to implement October 1 26 we can I think that's that's doable it's just that we um we probably need to at least start the RFP process We' just be in a panic mode again if we needed to instead of
like you say a relaxed mode. Okay. All right. So the fee does show up on your trim notice. So it does just it would to implement it. You would just need to follow that cycle. Okay. So we'd have to be done by August. Mhm. Pro July. July.
Probably before. Yeah. I don't I don't know the timing. It's it's somewhere in that Yeah, it's close. So that's Yeah. So we're already out of second. We'd have to wait another year before we could do it.
Okay. And and we would expect something like this to happen in the spring, right? During the legislative session, correct? Hopefully we wouldn't be that same year having to Let's hope. Do we save any amount of time with this that we already established a fire tax
district? I think that was a big I mean it already exists. the the fact we don't have to go through that that process again as far as creating the ordinances to establish the district there would probably be some updates to the district to account for annexations
Mr. COB and things of that nature, but they they would be minimal. But the the district itself does exist. So, we wouldn't have to cross that hurdle. It's just the the funding mechanism that we would need to nail down.
Anybody else? Got one quick question though on the the millages up there. When you were flashing up the county's millage, does that include paramedic services? because if they have a completely different thing, they may be able to offload not that it's not the right word perhaps uh
segregate into a district u the paramedic fees. So I I'm wondering are we comparing apples to apples with the number that has been calculated for the city side and we would have to I would have to do some additional research to find that out. Okay. Thank you. I I am
curious about knowing what what our actual sideby-side comparison is including if you know if theirs does include paramedic I'd like to know what our mill is including that as well. Uh does the millillage that was flashed out there the 2.5 did that include paramedic
services too? Okay but we could not then well we can't do it as millillage under state law and also we couldn't get that entire amount put into a fee structure either. Okay. Thank you. All right. Anything else on that
subject? That's it, Deputy Mayor. Does anybody else have anything else for the work session here? All right. Well, it's 6:14 and and we are adjourned. Thank you all very much.