![youtube image](https://i.ytimg.com/vi/7iQQdsPptQM/mqdefault.jpg)
►
From YouTube: Budget Advisory Committee July 8, 2020
Description
No description was provided for this meeting.
If this is YOUR meeting, an easy way to fix this is to add a description to your video, wherever mtngs.io found it (probably YouTube).
A
B
C
E
Everybody
I'm
sorry,
you
got
an
afternoon
of
me
to
listen
to
here,
hopefully
as
they
try
to
make
it
exciting.
I.
Think
we'll
see
you
here.
Let
me
try
to
share
my
screen
on
the
first
one
here.
C
G
D
C
E
F
D
C
K
I
A
H
H
D
G
A
H
E
I'm
sorry
about
I,
know
anticipation.
Oh
it's
a
killer
here
and
stuff.
You
see
it
we're
all
ready
to
go.
Please
yep,
hey
a
little
more
enthusiasm.
There.
E
E
Seventy
seven
thousand,
it's
a
decrease
of
one
point:
seven,
seven
percent,
mostly
due
to
some
capital
projects,
the
budget
change
from
May
22nd
to
July
8th,
is
over
in
the
yellow,
highlighted
of
seven
hundred
and
seventy
two
thousand
and,
as
you
can
see
below
the
effect
on
the
five
largest
ones,
those
five
largest
funds
are
ninety
one
percent
of
the
city
budget,
so
general
fund
is
a
two
point.
Four
nine
percent
increase
in
the
middle
called
they're
in
gold
water
sewer
fund
down
six
point:
three
percent
because
of
the
we
had
some
larger
capital
projects.
E
Their
sanitation
fund
is
up
about
15%
due
to
some
contract
changes,
stormwater
fund
down
51%,
because
we
got
the
big
pent
street
project
that
was
budgeted
in
2020
and
the
penny
fund.
Just
some
adjustments
within
the
capital,
but
it
increases
34
percent.
So
I
could
say
the
its
increased
seven
hundred
seventy
two
thousand
six.
Sixty
nine
come
about
that.
You
all
originally
got
just
on
this
slide,
just
trying
to
explain
what
change
for
May
22nd
we
had.
We've
got
pay
increases
in
the
budget.
Now
five
hundred
forty
four
thousand
we've
got.
E
The
proposal
went
out
for
health,
Dwight,
Health
and
dental
dental
came
in
a
2.
2
percent
decrease
dental
fifteen
point,
eight
percent
decrease.
So
that's
the
savings
about
five
hundred
thousand
from
when
I
budgeted.
The
ten
percent
increase
in
your
original
budget
from
May
22nd
had
an
adjustment
for
library
impact
for
a
grant
they
they're
trying
to
go
out
for
a
grant.
So
we
increase
that
to
325
thousand
in
the
library
impact
fund.
Public
art
fund
had
some
budget
changes
approved
just
the
other
week
about
122
thousand
capital
project
funds,
sidewalk
expenditures
for
the
Charter.
E
We
can
now
do
a
hundred
thousand
year
for
sidewalk
improvements,
so
we
had
originally
thirty
thousand
budget
because
we
could
only
spend
what
we
earn
an
interest.
So
now
we've
increased
it
to
the
hundred
thousand
that
we
can
do
per
the
sidewalk
improvement
fund
and
below
it's
another.
Seventy
thousand:
that's
a
budget
for
the
transfer.
E
These
sidewalks
aren't
expensed
in
the
in
the
sidewalk
improvement
fund,
their
traffic
for
a
transfer
to
the
capital
project
fund.
So
that's
increasing
the
transfer
to
a
hundred
thousand
and
the
sidewalk
improvement
fund
and
then,
since
the
the
taxable
values
for
the
CRA
came
in
higher
at
seven
point
six
four
percent,
so
we
have
some
revenue,
increases
there
and
then
the
bottom
line.
E
C
E
E
I
guess
we
get
the
certified
values
every
July.
First,
they
came
in
the
city.
One
is
six
point:
one
six
percent
increase
and
the
CRA
was
a
seven
point:
six
four
percent
increase
and
just
to
update
you
on
the
schedule
trying
to
get
the
proposed
budget
to
the
City
Commission
by
July,
20th,
July,
I'm,
sorry,
I,
miss
July
14th.
Next
week,
it's
required
by
state
statutes
that
the
Commission
approved
the
city
manager
to
verify
the
what
would
be
the
maximum
millage
rate.
We're
currently
at
five
point.
E
Three
seven
I
think
the
intent
is
a
keep
it
at
five
point:
three:
seven.
So
against
the
authority
to
the
city
manager
on
July
14th.
It
goes
before
the
board
to
set
the
maximum
millage
rate
at
five
point:
three:
seven.
Once
you
do
that,
you
cannot
go
above
that
through
the
end
of
the
budget
process
and
the
public
hearings
in
September.
You
can
go
down,
but
you
can't
go
above
what
you
establish.
What
we're
going
to
set
establish
on
July,
14th
I
can
say:
July
20th.
K
E
C
F
E
E
A
F
F
E
You
see
that
yes,
yes,
administrative
charges
of
the
enterprise
one
okay
thanks
mark!
Well,
now
we're
going
to
go
over
the
administrative
charges
of
the
Enterprise
Fund,
and
this
question
has
come
up
well
by
a
couple
people
about.
You
know
why
we
assess
charges
to
the
enterprise
fund
and
reimburse
the
general
fund.
We.
We
brought
this
presentation
before
the
budget
advisor
I,
believe
in
2017
and
went
over
this.
So
I've
tried
to
you
know,
dig
out
the
old
presentation
I
had,
but
so
sort
of
tweak
it
some
more,
and
it
was
some
more
explanation.
E
The
following
departments
replied:
you
know:
we've
gone
through
the
budget
that
provides
administrative
support
services
to
the
funds
and
departments
of
all
of
all
the
departments
and
funds
of
the
city.
The
person
on
operation
cost
would
recalled.
Ministry
of
charges
of
the
following
departments
are
100
percent
budgeted
and
its
expense
to
the
general
fund,
which
are
taxed
supported.
E
You
know,
and
I
just
want
to
make
just
want
to
make
sure
I
mentioned
it
that
it's
important,
that
all
costs
are
shown
in
the
in
the
enterprise
funds.
You
know
it's
important
that
they're
captured
with
it
within
them,
also
in
relation
to
external
users
and
the
bond
issue.
It
is
important
that
all
expenses
are
captured,
ensure
that
the
fees
and
charges
are
enough
to
cover
those
expenses.
E
You
know,
if
you
go
to
a
water
and
sewer
department,
for
example,
they
don't
have
their
own
time
to
spend
throughout
the
finance
department
stuff.
They
don't
have
their
own
staff
to
pay
their
bills
to
pay
the
employees
comply
on
report.
The
financial
reports
perform
the
required
audits
and
you
know,
invest
the
money
and
provide
and
ensure
that
compliance.
So
that's
provided
by
the
finance
department,
which
is
totally
budgeted
expensed
out
of
the
general
fund.
E
We
don't
include
the
police
and
fire
departments
on
here
in
roads
and
streets,
because
we
don't
you
know,
we
don't
feel
that
they're
providing
daily.
You
know,
support
you
know
to
the
enterprise
funds,
as
mentioned
before,
enterprise
want
on
the
utilize
the
department's
mentioned
on
a
previous
slide.
The
enterprise
funds
do
not
have
their
own
staffing
to
provide
the
services
mentioned
on
the
previous
slide.
E
It
can
be
administrative
charge
reimbursement,
which
is
what
we've
been
doing
or
a
pilot,
which
is
called
a
payment
in
lieu
of
taxes
or
a
combination
of
the
above
administrative
charge,
and
the
methodology
for
these
a
pilot
is
normally
based
on
a
percentage
of
gross
revenue.
So
it's
not
I
haven't
seen
too
many.
There
are
some
cities
that
have
it
I
know
the
city
of
Clearwater
has
a
pilot
and
they
charge
five
point.
E
Five
percent
of
the
revenues
which
goes
from
the
enterprise
funds
to
the
general
fund,
so
there's
a
pilot
method
and
then
there's
the
administrative
charge,
reimbursement
which
we
do.
We
do.
Eight
percent
of
the
revenues
sort
of
the
charges
for
services
of
revenues
in
serving
other
municipalities
are
done
by
a
variety
of
method.
You
know,
there's
a
percentage
of
revenues
like
we
do
and
then
there's
expense
allocations.
E
You
know,
based
on
either
their
budget
by
the
departments
of
the
budget
of
the
enterprise
funds
versus
a
total
city,
budget,
FTEs
and
full-time
equivalent
employees
or
personnel
costs
which
of
these
salaries,
wages
and
benefits
of
the
of
those
departments.
So,
there's
a
variety
of
method
from
what
I
found
out
that
how
the
cities
do
it
and
like
I,
say
this
during
the
last
four
years
has
done
it
by
by
the
percentage
of
revenue
same
as
the
mean
does
it
that
way,
8%
Largo
does
theirs
at
9%.
E
When
Dassault
I
started
looking
into
it
back,
what
methodology
doesn't
city
of
tarpon
springs,
use,
I,
say
up
until
2017.
They
have
no
methodology
for
allocating
administrative
charges
then,
and
we
have
no
pilot
and
we
still
have
no
pilot
payment
back.
Then
the
percentage
is
varied
widely
between
enterprise
funds.
You
know
something
like
that:
I'm
in
finance,
you
know
things
got
to
be
consistent
and
stuff,
but
it's
not
to
be
fair.
The
following
just
to
mention
the
following
funds.
E
You
know:
there's
water,
sewer,
sanitation,
stormwater,
they
they're
paying
the
admin
charge
currently,
but
the
marina
never
has
they.
You
know
they
only
have
like
$100,000
budget,
so
they've,
never
Nick,
never
up
paid
an
admin
charge.
The
golf
course
you
know
in
fiscal
year
2020
was
the
first
year
we
got
rid
of
because
it
you
know.
The
golf
course
is
in
the
negative.
So
it's
it
just
seemed
appropriate.
We
just
need.
We
gradually
got
rid
of
the
transfer.
E
You
know
it
was
$275,000
for
a
number
of
years,
like
13
years
on
a
row
from
I
think
when
they
took
it
over
in
1996,
I
think
from
97
the
13
years
after
that
was
$275,000
a
year.
Then
we
gradually
decreased.
That
transfer
like
I,
say
in
this
current
year.
There
is
no
transfer
to
the
to
the
general
fund
just
trying
to
see
if
we
can
help
out
the
Golf
Course
fund
them
to
get
it
out
of
the
negatives.
Of
course,
that's
not
had
to
work
too
great.
E
Last
year,
cuz
a
lot
two
years
ago,
the
revenues
came
in
137
thousand
short
because
of
you
know.
They
said:
they'd
have
cold
weather
and
rain
and
Canadian
exchange
for
you
this
year
because
of
covet
and
they're
being
down
for
a
month
month
and
a
half
they're
down
I,
say
roughly
125
thousand
dollars
in
revenues.
E
So
you
know
that's
not
helping
out
the
golf
course
one
just
to
put
in
not
all
the
years,
but
try
to
pick
out
some
years,
like
1999
they're,
showing
what
the
amount
of
the
administrative
fee
charge
transfer
was
in
1999,
which
totaled
a
seven
hundred
eight
thousand
dollars
and
then
the
percentage
of
revenues.
Sanitation
was
four
point:
four
five
or
4.53
stormwater
just
started,
so
they
were
at
0%.
That's
when
the
stormwater
fun
started,
but
then
the
golf
course
fun
is
that
20,
almost
21
percent
of
their
revenues
jump
in
the
2009.
E
Looking
at
the
at
the
admin
fee
charge
transfers
I,
we
were
at
the
sanitation
four
point:
three:
eight
percent
on
the
far
right
there
and
water
and
sewer
four
point:
one:
six
percent
stormwater
at
eight
point
three,
two
percent
than
the
golf
course
you
know
was
down
that
we
brought
it
down
to
one
hundred
thirty
four
thousand
was
a
transfer.
So
we're
at
nine
twenty
eight
nine
percent
and.
E
As
I
mentioned,
I
started
to
do
a
little
analysis
of
my
own
and
and
found
a
survey.
Then
you
know
it
just
mentioned
to
me
from
some
outside
parties,
mostly
some
former
offers.
We
have
that
you
know
they
got
around
your
compensation
to
the
enterprise
funds.
You
know,
especially
water
in
serious
sanitation,
seemed
a
little
low,
so
II
just
I
started
looking
into
it.
E
Lo
and
behold,
I
found
out
from
from
another
auditing
firm
that
you
know
another
city
and
the
county
just
did
a
survey
and
they
came
up
with
eight
percent.
So
I'm
going
off
mine
was
eight
percent.
The
survey
was
eight
percent.
That
seems
to
be
the
number
and
stuff
that
seems
to
be
a
common
number
between
cities.
E
You
know
that
the
decision
was
made,
you
know
to
adjust
the
administrative
charge
and
what
was
important
city
they
needed
to
be
consistent,
yeah
consistent.
Sorry,
we
needed
to
institute
the
change
incremental
II.
Instead
of
going
to
a
poor
set
in
2018.
You
know,
I
think
when
I
first
went
to
the
city
manager.
You
know
the
general
fund
scheme
needs
money.
I
was
ready
to
go
right
to
8%,
but
you
know
he
was
right.
He
said
no,
we
better
do
6%.
E
You
know
what
we
did
was
a
six
percent
in
2018
in
2019
and
then
the
eight
percent
in
2020
yeah.
As
long
as
going
to
8%
that
first
year,
I
also
thought:
let's
go
back.
Retroactive
retroactive
plans,
don't
work,
we've
lost
out
in
some
money,
but
you
know
bitstamp.
We
better
not
do
that
stuff
from
the
survey
we
got.
We
re
surveyed
some
of
those
cities.
Recently
you
know
the
methodology
is.
E
They
vary
between
the
cities,
as
we've
mentioned,
between
percentage
of
revenues,
or
do
they
do
it
by
the
expenditure
in
their
budget
and
our
number
of
people
and
some
cities
also
have
a
pilot
payment,
and
this
is
what
we
came
up
with.
You
know,
based
on
our
survey
that
shows
some
of
the
same
cities
that
were
surveyed
by
that
other
city
using
some
of
the
same
ones
but
see
this
is
what
we
came
up
with
and,
as
you
can
see
in
the
bar
highlighted
in
green.
E
That's
tarpon
springs
we're
at
the
8%
of
we
charge
8%
of
revenues.
The
last
one
was
safety,
Harvard,
seven
point:
six,
nine
and
the
highest
one
is
OB
de
twelve
point
four
four,
so
you
can
see
we're
sort
of
we're
sort
of
on
the
on
the
lower
end
of
the
percentage
that
we
we
charge,
and
you
know-
and
if
somebody
asked
me
you
know,
but
from
what
I
know
my
30
years
of
working
in
finance,
most
of
all
cities,
that
I
know
that
have
an
enterprise
fund
charge
and
reimburse
the
general
fund
for
those
charges.
E
The
only
way
you
can
do
it
is,
if
you
took
maybe
everybody
in
finance
everybody
in
purchasing
this
feed.
All
these
departments
provides
support,
services
and
percentage
out
their
salaries.
Okay,
maybe
it
as
an
example,
maybe
I'm
sixty
percent
general
fund
and
then
maybe
I'm
thirty
percent
water
and
sewer
10%
sanitation
and
do
that.
But
you
know
from
what
I've
understand:
that's
not
recommended,
because
then
you're
seeing
my
my
budget
and
all
these
all
these
people
throughout
the
whole
budget.
So
a
common
one
is
doing
the
percentage
as
we
are
doing.
E
I
say
most
all
the
cities
I
know
that
have
enterprise
farms
will
have
an
admin
fee
charge
to
reimburse
the
general
fund
for
those
expenses.
It's
either.
You
know
it's
an
admin
fee
charge
either
based
on
revenues
or
they
do
a
calculation
of
doing
the
expenditures
like
I
did
originally
going
back.
Okay,
what's
the
budget
by
expenditure,
in
fact,
when
I
redid
that
one
this
year
just
last
month
to
try
to
figure
out
I,
came
into
Water
and
Sewer
front
a
need
to
be
a
little
over
nine
percent
based
on
expenditures.
E
If
I
was
going
to
implement
it,
that
way,
a
lot
of
City
like
I,
say
they
do
the
pilot
just
a
Clearwater.
They
do
a
pilot,
they
do
five.
Four
five
five
point:
five
percent
of
the
revenues
they
transfer,
but
they
also
do
an
admin
fee
charge
transfer,
but
they
base
their
zone
expenditures
and
they
have
their
own
formula.
I
know
they
send
it
to
me
once
and
I
was
trying
to
go
through
that
and
see
their
formula
for
what
they
were
doing.
J
E
E
We
did
the
6%
2018
to
7%.
2019
1/4
of
8%
2020
down
below
I
also
show
what
the
rate
increases
were.
The
nine
five
nine
point:
five
percent
nine
point:
five
percent
went
down
to
six
point:
seven,
five
percent
of
2018
and
now
we're
for
the
next
well
for
the
next
eight
years,
the
rates
for
water
rates
are
increased
2.75%,
so
they've
gone
down
dramatically
great
the
water
rates
back
to
me
and
what
the
cost
of
living
is.
What
I
wanted
to
try
to
show
it?
It
looks:
it's
gonna
be
leveling
off.
E
Yes,
it
did
increase
from
2016.
You
know
getting
up
to
2020,
but
you
know
at
the
level
off
now,
because
we're
gonna
stay
as
hopefully
the
8%
and
the
rates
won't
increase
that
much
well.
That's
all
I'm
trying
to
show
there
my
last
slide
I
just
want
these
are
what's
in
the
budget
book
you
got
what's
in
there,
for
the
admin
fee
charge
transfer
at
the
8
percent
of
revenues.
E
You
know
one
point:
four
million
from
water
sewer
fund
and
general
fund
four
hundred,
seventy
four
thousand
from
sanitation
to
the
general
fund,
140,000
from
stormwater
to
the
general
fund,
as
I
say
nothing
from
the
marina
or
the
golf
course.
It
total
two
million
dollars
and
I
don't
know
just
that,
I
throw
in
here.
If
these
weren't
transferred
to
the
general
fund,
it
would
require
a
1
mil
increase
from
five
point:
three:
seven
to
six
point
three:
seven
to
cover
that
two
million
dollars.
E
B
You
on
I
think
also
it's
important
and
I
know
we
do
this.
We
talk
about
the
millage
right.
I
still
think
it
also
in
comparing
cities,
no
Tarpons
a
full-service
City,
in
fact,
for
those
full
service
city
outside
of
st.
Petersburg.
So
even
compared
to
Dunedin
safety
harbor.
You
know
we
offer
more
services,
and
then
you
know
they
just
that
should
also
be
taken
into
consideration
when
looking
at,
where,
where
we
fall
as
far
as
other
cities
going
admin
charges
so
I.
Thank
you.
Ron
very
much
chairman.
I
I
We
were
as
good
as
any
city
in
the
county
of
having
it
because
we
put
all
that
money
together
and
after
that
ten
years,
the
promise
was
that
the
rates
would
go
down
and
to
a
manageable
level
which
hopefully
would
be
the
cost
of
living
type
level,
but
2.75,
and
we
fulfilled
that.
Obviously
we're
not
back
in
those
times
those
10
years
with
that
big
charge
going
to
add
to
our
administrative
fees,
so
in
essence
they
stayed
4.5
when
they
maybe
should
have
been
a
de
long
time
ago.
They
are
left
that
way.
F
I
I
We're
gonna
deal
with
it
to
nuts
Tuesday
night
and
you
know
I
I,
just
like
something
or
some
boat
for
this
board,
because
and
don't
take
my
these
additives
aren't
the
active
the
Commission's
the
Commissioner
said,
but
to
me
it's
saying
that
the
city
is
hiding
fees
and
providing
fees
for
the
regular
fund
and
utilize
new
enterprise
funds.
To
do
that.
It's
a
shell
game,
it's
perceptive
to
the
citizens
and
we
have
practiced
by
this
race
and
deceptiveness.
Again.
Those
are
my
words
from
what
he
said.
I
I
What
they're
supposed
to
be
painting-
and
this
is
supposed
to
be
a
perception
of
citizens
out
there
and
I-
think
I've
got
the
best
group
of
citizens
with
experience
and
stuff
on
this
board
here
to
say
that
if
there's
any
thoughts
of
this
that
there's
something
I
need
to
hear
from
from
you
as
citizens
experienced
in
finance
and
stuff.
Do
you
see
the
perception
that
the
Commissioner
season-
and
we
need
to
talk
about
this,
because
it's
going
to
have
a
big
impact
on
this
budget-
that's
going
to
get
hit
by
kovat?
B
I
C
Because
I
had
a
discussion
outside
of
the
meeting,
just
a
chat
with
a
neighborly
chat
that
he
was
concerned
that
that
charge
went
into
the
utility
calculation
to
the
customer,
like
the
water
rates
and
I
kind
of
set
up.
Well,
isn't
the
true
test
check
our
water
rates
versus
comparable
water
rates
in
the
area?
Are
they
reasonable?
C
And
so,
at
the
end
of
the
day,
I,
don't
see
a
problem.
I
see
it
last
year
with
this
allocation.
I
don't
see
it
this
year.
I
think
your
explanations
crystal
clear:
there's,
definitely
no
hiding
of
it
and
that's
a
common
practice.
I
used
to
do
it.
It
was
called
allocation.
You
allocate
the
corporate
because,
let's
face
it,
none
of
those
areas
have
a
purchasing
department,
finance
department
and
the
methodology
your
8%
I
believe
from
last
year.
You
said
that
the
auditors
had
blasts
your
methodology.
Oh
yes,.
C
H
B
E
I
B
I
would
just
I
mean
I've
listed
for
myself
and
I
feel
it's
a
symptom
of
the
board.
If
he
feels
that
way,
then
you
know
if
he
could
provide
an
example,
something
more
concrete
that
we
could
consider
for
what
he's
talking
about,
because
without
an
example
like
what
I
asked
you
for,
he
said
he
has
not
provided
denne.
Then
it's
it's
very
hard
for
this
board
to
a
pint
on
that
when
you
may
run
a
public
meeting
on
YouTube,
so
nothing's
being
hidden
and
number
two
like
bran
hearing
pointed
out,
the
auditors
have
blessed
us.
B
E
You
know
I
talked
to
the
auditor
yesterday
and
they
just
don't
they
don't
understand
where
this
is
coming
from
eiko.
This
is
you
know.
Jeff
said
this
is
common.
Everybody
has
this,
they
just
it's
like
I
say
they
they
validate
it
again.
Yesterday's
around
you
you're
doing
nothing
wrong
here
and
stuff,
it's
common
practice.
E
I
I,
don't
think
we
need
that
right
now,
I
just
want.
If
there's
something
else
out
there,
you
know
I
want
to
hear
it
from
them
because
again,
I'm,
like
you
I,
just,
don't
see
any
angle.
The
word
this
was
coming.
I
can't
make
any
sense
of
where
this
was
coming
from.
It
makes
it
doesn't
make
any
sense
to
me
and
and
I.
B
B
So
if
it's
the
event,
if
that's
the
consensus
of
the
board,
which
we
can
find
that
out
right
now,
that's
list
something
you
could
bring
back
and
say:
hey
the
board
said
collectively
that
they're
happy
to
further
consider
this,
but
you
have
to
provide
an
example
or
evidence
of
what's
oblique
lines
going
long.
That
would
be
great.
Does.
Does
the
board
feel
like
that's
the
consensus
of
the
board?
Yes,.
F
G
C
E
E
You
know
it
seems
to
me
the
economy
is
sometimes
I
get
federal
instruments
might
be
returning,
a
better
rate
of
return,
may
be
Treasury
bills
or
maybe
CDs
right
now,
CDs
are
giving
a
better
rate
of
return,
but
I
can
only
do
25%
in
the
investment
policy
and
that's
what
he
said
when
he
said:
Rob
put
it
on
the
agenda
next
week,
I
go
okay,
which
is
good
though,
because
I,
you
know,
I
try
to
get
as
much
return
as
possible.
That
safely,
you
know
with
the
citizens,
money
and
they're
going
to
say.
E
Florida
statute
to
18
for
15
governs
a
composition
of
local
government
investments.
It
does
not
include
police
and
fire
pensions,
they
have
their
own
investment
policy
and
it
doesn't
include
bond
proceeds
money
that
has
its
own
policy
within
the
bond
documents.
I
just
want
to
make
sure
I
mentioned
that,
but
the
investment
policy
is
supposed
to
review
reviewed
annually
by
the
finance
director
resolution.
2020
30
is
on
the
agenda
on
the
14th
to
revise
the
investment
policy.
E
Wealthier
bulbs
are
secured
that
CDs
are
secured
by
QP
D,
which
is
the
qualified
public
depository
to
the
state
of
Florida,
a
banks
that
apply
that
are
part
of
the
qualified
public
depository
program.
Anybody
that
a
as
part
of
it
anytime,
you
buy
a
CD
you're
mounting
your
checking
accounts.
They
have
to
send
collateral
up
to
the
State
Department
of
division
of
collateral
with
the
state
of
Florida,
some
banks,
it's
between
50%
and
some
don't
150%.
They
have
to
send
up
to
the
state
depending
on
the
financial
strength
of
that
bank.
E
So
that's
why
the
QPD
qualified
public
depositories
are
our
safe
investment
for
the
cds
or
money
markets
and
checking
accounts,
and
then
the
Treasury
bills
are
protected
by
the
federal
government.
Just
one
part
of
the
investment
policy,
then
section
8,
but
this
and
I
sent
out
the
investment
policy
to
you.
I,
don't
know
if
you
had
a
chance.
E
I'm
sorry
I
got
to
you
late,
but
after
the
investment
policy
is
a
portfolio
composite
composition,
diversification
schedule
and
as
listed
there,
it
shows
the
holdings
that
we
can
do
the
maturity
limits
which
at
the
most
is
5
years
and
limits
on
individual
issuers
and
going
down
the
list
there
across
from
US
Treasury
securities
or
Treasury
bills.
I
can
see
I
got
25
percent
of
crossed
out,
but
wanted
to
increase
that
to
50
percent
and
the
CDs
and
we'll
further
down
will
increase
it
from
25
percent
to
40
percent.
E
So
that's
basically
all
I
wanted
to
do
with
with
the
investment
policy
is
change.
Those
limits.
The
next
slide
is
it's
just
currently.
The
rates
are
I
want
to
say
terrible
right
now,
but
you
know
Treasury
bills:
I
can
get
like
0.18%
agencies
for
one
year.
All
these
are
one
year
returns
agency
is
only
about
20%.
Cds
I've
got
some
a
couple
weeks
ago
for
about
fifty
50
basis.
Point
time
so
did
I,
say
percent
I
mean
point
one
in
you
know.
Oh
yeah
cases
points
point
five.
Oh
sorry
about
that.
E
Then
our
money
market
is
right
at
30
basis
points,
but
CDs
currently
are
offering
the
higher
returns
it
as
an
example.
1
million
invested.
You
know
every
10
basis
points
return
in
an
additional
thousand
dollars
annually.
You
know
to
the
city,
so
that's
basically
what
I'm
trying
to
get
before
the
board
next
week
to
see
if
I
can
increase
of
limits
on
the
CDs
and
the
Treasury
bills,
what
we
can
get
on
them
because
I
could
say
CDs
are
paying
better.
You
know
if
I
can
get
more
interest.
I
love
to
do
that
safely.
E
I,
don't
know
I'll
go
through
this
briefly,
but
I'm.
Just
our
investment
I
checked
the
whole
investment
policy
went
through
it
and
it
basically
just
mimics
the
requirements
per
section
of
the
state
statute:
18
3,
15,
I'm,
sorry,
18,
4,
15,
it
governments,
local
government
investments,
and
you
have
two
choices.
You
know
local
governments
can
adopt
their
own
policy,
which
we
did,
which
is
subsections
1
through
16
of
that
statute.
If
you
don't
have
an
investment
Paul,
so
you
have
to
you
have
to.
E
When
the
city
has
no
investment
policy,
all's
I
can
do
as
a
state
board
pool
at
the
state
money.
Market
funds
interest-bearing
checking,
accounts
basically
and
Treasury
bills.
Since
the
city
has
an
investment
policy
was
why
I
stay
Pro
2010,
you
know
we
can.
We
can
do
a
little
more
with
our
investments,
just
not
those
basic
ones,
they're
pages
1
through
10
of
the
investment
policy.
E
Just
basically
follow
the
same
thing
stipulated
in
the
Jude
sections
1
through
16,
immediate,
following
page
10
of
our
investment
policy
is,
is
that
screen
I
just
showed
you
previously,
with
the
diversification
and
portfolio
composition,
where
I
wanted
to
increase
the
CDs
to
40%.
You
know:
I
meant,
following
that
on
the
investment
policy
is
a
glossary
term
of
the
investment
terms.
E
I've
just
gone
briefly
through
that,
even
though
you
don't
want
to
hear
all
this,
but
probably
the
trying
to
hit
the
sections
of
our
policy
briefly,
you
know
it's
a
preserved
principle.
Maintaining
liquidity
generating
one
of
the
cabmen
of
predicting
cash
needs
a
conforming
to
the
state,
statutes
or
investments.
Only
investing
you
know.
What's
over
what
we
need
to
cover.
You
know
our
expenditures,
you
know
actually
doesn't
apply
to
pension
funds
or
issuance
of
death.
The
objective
is
the
slide
principle.
E
Safety
liquidity
yield
was
safety
being
the
most
important
get
performance
standards
aren't
strategy
as
passive
obtaining
a
rate
of
return
commensurate
with
the
risk
and
cash
flow
needs.
The
prudent
person
rule
you
know,
an
investment
officer
shall
refrain
from
personal
business
activity
that
could
conflict
with
the
investment
program,
and
this
is
that
same,
create
screen.
We
showed
you
previously
but
I'm,
just
trying
to
show
you
the
addition
to
yellow
one
sorry,
additional
investments
with
the
city
policy.
E
We
can
do
because
we
have
our
own
policy
and
in
green
as
a
showing
the
ones
that
are
currently
you
know
through
the
QPD,
the
qualified
public
depository
program
or
they're
protected
through
that
program,
then
the
next
others,
next
section
of
maturity
and
liquidity
liquid,
the
quiddity
requirements
in
which
we
try
to
match
investments
with
cash
flows,
nothing
more
than
five
years.
We
can't
do
more
than
five
years
with
reserve
money,
but
we
don't
have
any
going
over
five
years.
I
I
would
be
heads
and
click
to
walk
anything
over
five
years.
E
That's
not
paying
well
at
all
and
then
portfolio,
composition
and
diversification.
That's
that
schedule
that
we've
been
focusing
on
with
the
CDs
going
to
forty
percent
in
the
next
section
is
delegation
of
authority,
which
is
a
to
mine.
The
finance
director
and
investment
institutions
are
the
the
brokers
we
work
with
for
some
of
the
federal
instruments
third-party
custodial.
We
use
Bank
of
America.
They
they
hold
our
treasury,
our
federal
instruments,
only
Treasury
bills
of
federal
whispers
are
with
them
it's
through
the
delivery
versus
payment.
We
do
not
touch
the
money
when
we
buy
something
bid.
E
Requirements
only
involve
CDs
and
investments
bought
on
the
secondary
market,
internal
controls.
We
have
a
policy
established
to
follow
external
auditors,
that's
required
by
the
Auditor
General
that
the
external
auditor
validate
that
we're
complying
with
our
investment
policy.
So
every
year
the
external
auditor
checks
that
were
in
compliance
with
our
investment
policy,
and
they
have
a
page
in
our
audit
book
validate
and
then
continuing
education,
myself
and
staff.
We
have
to
get
that.
E
We
have
to
get
eight
hours
of
CPE
on
investments
every
year,
reporting
we're
required
to
report
quarterly
investments
and
yield
maturity,
dates
percentage
of
investment
portfolio
next
slide.
If
you
can
see
it,
that's
what
our
investments
as
of
May
31st.
You
know
that
at
the
top
is
our
checking
accounts
and
our
CDs
below
that,
then
our
federal
instruments
and
then
the
couple
pools
where
we
just
have
a
little
bit
of
money
in
what's
also
required
to
report.
E
We're
required
report
is
the
activity
for
the
previous
quarter,
so
here
I'm,
just
showing
you
know
what
matured,
what
we
purchased
to
replace
it.
Some
transfers
done
just
a
history
of
it
for
the
past
quarter,
which
is
required
to
be
reported,
I
surveyed
some
other
cities.
They
all
have
policies.
Some
of
the
are
cut
they're
required
to
follow
that
state
statute
and
most
cities.
They
come
out
no
more
than
five
years.
E
K
E
Banks
must
qualify
to
be
designated
as
a
QPD
to
the
Department
of
collateral
management,
with
a
state
of
Florida
and,
as
I
mentioned
earlier,
the
banks
must
pledge
collateral
for
all
our
money.
That
is
that
is
there
with
them.
Every
year
on
September
30th,
we're
required
to
send
send
the
department
of
collateral
what
accounts
we
have
where
we
have
money
into
it,
because
they
want
to
know
that
okay,
so
you'd
have
enough
of
a
collateral.
E
Our
investment
strategy
is
that
you
know
key
always
keeping
compliance
with
the
investment
policy.
We
monitor
cash
flows.
Obviously,
most
of
you
know
a
lot.
Water
sewer
is
pretty
constant
of
revenues
expenses
during
the
year.
You
know
it's
a
general
fund
where
we're
getting
most
of
our
property
taxes
between
December
January
February,
where
you'll
see
a
big.
You
know
big
spike
in
it,
where
we've
got
more
to
invest
but
then
come
down
to
the
remaining
part
of
year,
especially
right
about
now
June
July
August.
E
You
know
September
October,
where
we
sometimes
have
to
draw
on
some
of
that
money
to
bring
it
back
into
the
checking
account.
We
keep
a
minimum
in
the
checking
accounts,
try
to
invest
as
much
as
possible,
because
the
check
will
only
pay
interest
up
to
the
service
terms.
They
won't
pay
anything
more
than
the
service
charge
and
if
something
matures
I
try
to
reinvest
it
that
day,
if
possible,
to
get
the
money.
So
it's
just
not
sitting
in
a
checking
account.
E
I
just
threw
this
light
in
here
for
the
last
since
1992
just
to
compare
the
city's
ready
to
return
to
the
Fed
Funds
right
and
on
the
far
right.
You
can
see
right
currently
we're
at
one
point:
seven:
six
percent,
but
that's
going
down
because
everything
I've
been
I
bought
the
last
year.
So
is
if
it's
got
a
call
feature,
it's
being
called
and
I
got
some
CDs
they're
being
matured.
So
it's
going
to
go
down.
E
C
We're
on,
if
I,
could
just
fair
phrase
that
you
tell
me
if
I
misspoke,
what
I've
read
what
I've
heard
you're
not
trying
to
move
the
risk
profile
of
our
investment.
Safety
is
still
number
one,
but
you
are
trying
to
squeeze
out
some
additional
basis
points
not
only
now
but
being
flexible.
As
long
as
the
policy
is
in
place,
you
don't
know
your
crystal
ball
isn't
perfect
to
see
what
the
investments
were
you,
but
to
squeeze
out
some
additional
income.
Is
that
exactly.
E
I
mean
it
just
mainly
with
the
CDs
I'm
totally
safe
I.
Just
you
know
if
I
could
do
more
in
C,
please,
instead
of
the
money
sitting
in
a
market
money
market
right
now,
I
could
be
earning
another
I
know
it's
not
much
from
30
basis
points,
then
maybe
40
or
50
paise
for
every
million
dollars.
That's
another
thousand
dollars
of
interest
earnings
that
I
can
earn
safely.
E
E
E
What's
paying
better
like
say,
Fenelon
Smuts
right
now,
yeah
I'm,
getting
20
basis
points
for
one
year
thing
about
to
go
out
three
years:
I
might
if
I'm
lucky
again,
I
think
35
basis
points
but
I'm,
locking
something
in
for
three
years,
and
you
know
if
I'm
here,
three
years
or
not,
I
look
back
and
if
interest
rates
are
going
up
and
I
go,
why
did
I
buy
that
thing
for
35
basis
points?
But
so
that's
what
I'm
just
trying
to
do
it?
C
If
anything,
I
just
what
a
compliment
you
for
bringing
this
to
the
board's
attention,
it's
it's
in
company,
it's
not
going
to
make
or
break,
but
it
is
additional
income
that
can
be
add.
F
H
Also
yeah
I
know
we
talked
about
this
kind
of
in
detail
last
year
the
investment
set
up
and
possibly
model
the
strategy,
so
definitely
kudos
for
for
doing
this
complete
review.
So
two
questions,
I
I
did
get
to
the
document
and
I
see
you
have
the
old
portfolio,
company
maximum
holdings
and
the
new
proposed.
Could
you
just
talk
about
the
approach
you
you
took
to
obtain
the
the
new
numbers.
E
E
E
It
has
a
same
schedule
in
the
back,
but
that
was
what
it
was
chained
back
in
2010.
They
changed
the
percentages
back
then,
if
you
were
looking
at
that,
but
what
I
did
is
I.
You
know:
I've
looked
at
I
did
a
survey,
some
other
cities
to
see
what
they
had
and
most
and
that
that
Treasury
securities
at
fifty
percent,
because
they're
backed
by
the
federal
government
I,
looked
at
what
other
cities
were
doing
for
CDs
and
they
were
between
40
and
50
percent.
E
You
know
you
want
to
have
the
versification,
so
you
don't
want
to
do
too
much
in
one,
but
just
to
be
able
to
have
that
availability
of
something
it's
a
safe
product
I'd
be
able
to
put
more
money
into
it
like
right
now
the
banks
they
asked
for
a
CD,
a
lot
of
them
won't
go
over
one
year
for
a
CD
right
now
there
does
everything
a
little
cautious,
I
could
say,
I'm,
not
sure.
If
that
answers
here
answers
your
question
there
kasi
yeah.
H
B
E
E
E
E
C
E
Okay,
I
know
you
all
talk
about
copying
printing
artists.
They
ask
go
back
and
try
to
compare.
We
had
a
went
out
for
bids
in
back
in
2007
and
we
because
we're
the
cost
we
were
paying.
So
we
went
back
to
2017
and
compared
to
in
17
18
19
I
just
wanted
to
does
try
to
summarize
I
didn't
think
you
wanted
to
see
all
the
department,
the
back
of
2017,
where
it's
been
a
little
over
fifty
three
thousand
seven
hundred
four
dollars
on
the
left
side.
There,
the
I
know
he
got
thinking.
E
Somebody
could
ask
for
the
cost
or
copy.
We
were
at
point
zero.
One.
Five,
the
color
was
quick
one
to
two
thousand
eighteen
movement
down
to
thirty
six
thousand
four,
eighty.
That
was
because
of
the
new
contract
and
then
in
2019.
The
cost
is
thirty
one
thousand
348.
So,
as
you
can
see,
we've
gone
down
with
this
new
contract
and
then
the
cost
per
copy
for
2019.
We
went
down
from
the
point
zero
one:
five
to
defend
zero
point:
zero,
one,
zero,
six
and
the
color
will
point
them
to
two
point:
zero:
five,
zero.
Four.
E
F
E
K
E
E
E
Closure
of
the
concerns
going
forward
have
been
the
sales
taxes.
You
know,
penny
half
cent
revolutionary
gas
tax
property
tax
receipts.
We
received
a
hundred
percent
of
our
money
this
current
year,
2021.
As
you
know,
since
the
values
were
accepted
in
January,
we're
going
up
a
6.6
percent,
so
hopefully
we
won't
see
any
decrease
and
and
for
fiscal
2021.
E
Let's
go
your
2020
to
the
county
is
saying
they're
worried
that,
since
commercial
properties
and
being
vacant,
maybe
people
business
was
working
remote
that
they
might
see
more
vacant
commercial
properties
in
a
County
so
far
is
predicting
a
6%
decline
in
taxable
values
in
fiscal
year,
2022,
as
of
May
31st,
most
all
revenues
meeting
budget,
except
for
performing
our
ticket
sales.
Now
64,000
recreation
fees
down
one
hundred
nine
thousand
golf
course.
One
was
closed
for
that
period
of
time
about
a
hunt
down
about
one
hundred
and
fifteen
thousand.
E
We
waived
water
and
sewer
penalties
and
shut
offs.
It's
about
a
twenty
three
thousand
dollar
revenue
loss
a
month
and,
of
course,
the
interest
earnings
you
know
gone
from.
We
were
at
two
percent
now
you
know
I'm
lucky
to
get
anything.
You
know
the
fifty
basis
points
these
days.
I
don't
want
to
go
out
too
far.
E
This.
This
is
where
we're
trying
to
follow
the
same
taxes
about
a
two-month
delay
between
the
people
that
came
to
probably
pay
their
sales
tax
in
March
May
was
the
first
month
we
started
to
see
the
effects
of
the
sales
tax
decline.
So,
as
you
can
see
in
May
captain
sales
tax
revenue
sharing
penny
sales
tax,
a
gas
tax
come
with
the
man
you
can
see,
create
we're
down.
One
hundred
and
four
hundred
one
thousand
from
May
of
2019.
We
received
these
receipts
monthly,
so
we're
down
one
hundred
one
thousand
for
the
month
of
May.
E
E
I
E
Twenty
five
percent
minimum
of
fund
balance
is
about
five
million
dollars.
Water
consumption
is
up
like
four
point:
four
percent
for
water
and
a
fill
in
seven
nine
I,
don't
know
maybe
it's
people
sitting
home
or
using
water
I
know
it
was
worth
it
was
not
before
the
virus
that
we
were
seeing
it
up
before
the
as
I
mentioned
interest,
earnings
have
been
declining.
E
Other
notable
construction
activity
is
as
maintain
permit
fees
are
a
little
bit
above
budget
impact
is
for
water
and
sewer
or
right
on
budget
or
a
little
above,
but
the
other
ones
for
police
fire
library,
general
government,
little
it
down
and
I.
Think
that's
because
the
sewer
impact
or
more
because
we've
got
some
new
connections,
hope
marina
fees.
Since
we
decrease
the
rates
for
the
marina
works
in
a
nice
little
increase,
that's
a
small
budget,
a
hundred
thousand
dollars,
but
I'm
thinking
the
way
it
looks
like
that.
The
revenues
in
the
marina
will
equal
fences.
E
So
you
know,
we've
been
at
a
loss.
The
last
two
three
years,
not
I,
think
that
increase
March
third
is
really
going
to
help
out
and,
as
you
probably
heard
me,
the
safer
grant,
which
we're
we're
paying
up
all
that
for
now
those
four
paramedics
and
then
the
consultant
that
we
paid
for
for
three
hundred,
sixty
nine
thousand
but
seems
like
it's
greatly
helped
to
talk
with
our
proposals
and
getting
our
our
health
and
dental
insurance
as
that
home
and
just
mentioning
hurricane
Irma
again
will
be
received.
E
Other
items
we
made
the
bomber
payment
in
March
for
five
hundred
fifty
thousand
our
fruit.
In
the
ladder
truck,
we
made
the
first
lease
payment
last
month
in
June
or
two
hundred
thirty
nine
thousand
there's
five
payments.
We
did
one
budget
resolution
and
December
to
amend
the
budget
I'm
working
on
a
second
one
for
the
next
meeting,
July
28th,
just
a
minor
items
on
it.
But
one
bigger
item
is
the
cemetery
expansion
for
1.1
million
that
hasn't
been
budgeted,
yet
it
was
approved
but
not
budgeted,
and
then
the
budget
doesn't
trying
to
meet
you.
E
You
all
have
met
with
all
the
the
all
the
departments
on
their
budgets
for
the
2021
budget,
internal
auditor
they're
working
on
a
payroll
timekeeping
on
it,
external
auditor
last
year
was
there
last
year,
so
we're
currently
coming
up
for
bid
and
the
proposals
came
in
for
for
the
auditing
service
for
external
auditor,
as
required
by
the
state
statutes
just
getting
into
the
general
fund.
I'll
go
briefly
into
the,
as
mentioned
a
top
or
67%
of
through
the
year.
Over
to
the
right,
I
highlight
seventy-five
percent
okay.
Why
are
we
over?
E
E
You
know
if
you
have
any
questions.
Just
yell
amount,
some
weird
stuff
on
all
this
stuff.
I
know
it's
a
lot
of
numbers
start
to
throw
these
graph
in
here
to
turn
the
the
general
fund,
revenues
and
expenditures.
You
know,
as
you
can
see,
the
blue
line,
you
can
see
back
in
December,
we
receive
7.4
million
in
our
property
taxes
in
December.
E
This
graph
is
just
showing
the
general
fund
revenues
month
to
month
from
2020
to
2019,
and
you
know
that's
shown
that
the
7.4
million
property
taxes
in
December
that
blue
line
in
May
of
2000
a
little
bit
over
you
know,
but
that's
because
of
the
timing
of
some
payments.
I
was
mentioned
down
below.
We
received
two
months
of
our
fire
grandma's
payments
and
in
May
of
2020
or
awesome,
also
I'm,
predicting
predicting
that
you
know
the
revenues
for
2020
will
be
at
or
below
the
revenues
for
2019,
because
those
sales
tax
monies
expenditures.
E
This
Holden
was
similar
to
the
previous
years,
as
always
for
the
general
fund
between
comparing
to
2022
mm.
If
you
see
spikes
where
there's
higher
amounts
but
use
it
because
there's
five
weeks
of
payroll
in
those
months,
this
graph
is
just
trying
to
show
that
at
May
31st
the
last
five
years,
where
we're
at
comparing
to
2016,
17,
18,
19
and
20,
you
know
a
pretty
consistent.
E
You
know
rise
year
the
year
a
little
bit
the
expenditures
a
little
higher
in
2020
for
the
expenditures,
but
that's
a
as
I
keep
mentioning
that
a
lot
of
it's
at
1.1
in
our
Cemetery
expansion,
which
is
out
of
the
general
fund,
the
cemetery
perpetual
care
is
paying
for
that.
I
won't
I
won't
go
into
all
the
numbers.
I
just
said
what
it
is.
E
It's
comparing
the
revenues
for
it,
taxes
all
the
different
tax
categories
on
the
left
side,
they're
at
May
31st,
comparing
2015
the
20th,
as
highlighted
in
that
one
grayish
color,
the
biggest
increase
is
the
$450,000,
which
is
most
of
the
green
number
down
below
to
the
765
and
dollars
that
were
over
based
on
axles
from
last
year
to
this
year.
At
this
time,
the
general
fund
revenues
by
type
just
trying
to
show
that
taxes
are
fifty
nine
point.
E
E
E
I
won't
go
into
all
of
them,
but
I'm
just
trying
to
show
2019
to
20
at
May
31st,
where
we're
at
on
those
and
the
percentage
of
the
budget
just
try
to
show
some
other
revenues
in
the
general
fund.
You
know
where
we're
at
some
of
the
bigger
ones,
but
not
in
the
top
ten,
a
school
resource
officer,
the
hospital
needs
performing
our
ticket
sales.
E
General
fund
expenditures,
basically
just
trying
to
may
31st
from
2000
1920,
where
we're
at
and
if
you
look
in
the
far
right
side
on
the
yellow,
we
could
see
personnel
where
it's
67
percent,
which
is
at
May
31st,
where
67
percent
of
the
way
through
the
budget
operating
is
at
58
percent
and
then
I'm
thinking
that
might
be
attributed
to
you
know.
I
know
when
this:
when
the
co
bed
virus
started
I,
know
city
manager,
we
talked
and
talked
to
the
department,
but
you
know
no
extraneous
expenditure
is
trying
to
tell
mark
the
partners.
E
You
know
you
know,
try
to
cut
back,
so
maybe
that's
showing
there,
where
we've
cut
back
on
the
expenditures
down
across
some
grants
and
ins
we
spent
166
thousand,
but
that's
where
the
155
thousand
for
the
small
business
endurance
grant.
Is
there
I?
Guess
that's
about
it
for
that
slide
and
for
expenditures
and
the
general
funds
just
trying
to
show
baby
that
seventy
three
point:
one
percent
of
the
general
fund
expenditure
is
our
personnel,
which
includes
salaries,
wages
and
benefits
the
projection
I
and
for
the
for
the
board
and
showed
them
a
couple.
E
Few
weeks
ago
to
say,
you
know
maybe
worst-case
scenario
but
unassigned
fund
balance
going
from
eight
point:
eight
million
down
to
8.4
million.
You
know
with
the
small
business
owners
grant
and
trying
to
project
out
the
losses.
They
know
the
decreases
in
the
half
cent
sales
tax
on
the
revenue
sharing.
E
Getting
into
the
water
and
sewer
funds,
you
know
the
revenue
is
up
top
the
expenses
down
below
just
trying
to
show
the
comparison
from
actuals
to
budget
on
the
far
right.
The
revenues
are
it's
sixty
four
percent
under
the
sixty
seven
percent,
but
a
lot
of
that
is
due
to
the
half
half
of
a
month
of
a
crew
of
the
October.
Revenues
are
crude
back
to
the
previous
year
that
will
catch
up
at
the
end
of
the
year
and
down
below
the
expenditures
we're
at
52
percent
and
I
believe
why?
E
Just
trying
to
be
able
to
show
all
the
funds
of
the
city
you
know
where
we're
at
and
trying
to
protect
it
to
the
end
of
the
year
to
start
with
a
hospital
lease
well,
protecting
will
have
on
the
far
right
about
3
million
78,000
at
the
end
of
the
year,
local
walks
and
gas
tax
by
130,000.
This
is
when
the
gas
tax
money
goes
in
and
I
increase.
E
The
revenue
projected
about
50%
through
the
you
know,
getting
the
less
gas
tax
through
the
co
bed
school
crossing
guard
projecting
about
10,000
at
the
end
of
the
year
handicapped
phone
about
17,000
getting
into
the
impact
phones.
Please
look
back
projecting
it
in
a
year,
they'll
have
three
hundred
fifty
seven
thousand
fire
impact.
E
E
Spend
about
sharing
fun
how
about
141
about
140
mm
at
the
end
of
the
year
safer
grant
will
be
done,
because
this
is
a
last
year,
public
art
fun
about
two
hundred
twenty
one
thousand
at
the
end
of
the
year.
Land
preservation
phones
about
fifty
thousand
recycling
grant
fund
about
one
hundred,
thirteen
thousand
CRA
projecting
about
five
hundred
thousand.
At
the
end
of
the
year,
we've
got
a
police
education
fund
about
ninety
three
hundred
at
the
end
of
the
year.
Please
confiscate
it
trip.
E
Sixteen
thousand
employee
benefit,
cost
affirm:
oh
okay,
fifteen
thousand
capital
project
phone
eighty-nine
thousand,
these
sidewalk
and
Improvement
Fund,
which
was
in
the
Charter
about
10
million.
Thirty.
Eight
thousand
look
watch
and
sales
tax
opinion
fund
about
one
hundred,
eighty
one
thousand,
and
that's
that's
basing
it
on
projects
that
have
been
started
and
projects
not
started
that
are
still
earmarked.
E
Getting
into
some
of
the
enterprise
funds,
just
sewer
impact
phone
about
have
about
a
million
dollars.
Water
impact,
1.5
million
sanitation
fund
about
three
million
Maryna
phone
about
a
negative.
Sixteen
thousand
but
that'll
be
an
improvement
because
we're
seeing,
we
can
say
we're
seeing
the
revenues
increase,
I'm,
hoping
maybe
it'll,
be
more
of
an
improvement.
E
E
Getting
into
the
debt
dinner
from
those
you
know,
we've
got
the
bond
issue,
you
know
after
the
payments
this
year,
we'll
have
a
30
million
$600,000
valid
in
the
years.
The
firetruck
880,000
and
those
are
the
only
two
you
have
depths
of
city
house
down
below
in
our
fund
loans
between
departments,
the
sanitation
fund.
E
The
golf
course
about
a
balance
of
138
thousand
risk
management,
risk
management
from
the
general
fund,
fifty
thousand
and
that
will
be
paid
off
next
year,
sanitation
from
the
fire
impact
fund
for
the
station
71,
two
hundred
three
thousand,
and
when
your
water
and
sewer
from
the
CRA
phone
hundred
thousand
and
nine
hundred
thousand
a
Schedule
B
payoff
paid
off
next
year
and
then
investments.
You
know
it's
mentioned
that
you
heard
already
but
comply
with
the
investment
policy
pension
funds.
E
Bond
proceeds
are
excluded
rates
of
them
decreasing
like
say
that
rates
are
about
fifty
basis
points
right
now,
that's
what
you
mentioned
earlier,
and
this
is
that
same
schedule.
Information
would
be
earlier,
so
I'm,
not
sure
if
you
want
to
see
that
you
want
to
weekend
and
just
to
try
to
graph
the
investments
as
of
May
31st.
E
You
know
about
11
million
in
the
checking
savings
account
about
nine
million
us
a
money
market
or
in
30
basis
points,
and
then
the
certificates
of
deposits,
federal
instruments
and
the
local
pool
where
we
have
money
in,
as
you
saw
this
slide
earlier,
but
this
is
what
the
activity
and
that
you
know
what
matured,
what
purchased,
what
we
transferred
over
the
last
three
months,
changing
gears.
Just
a
budget
resolution
I
say
we
I
think
we
mentioned
this
earlier.
We
did
one
in
in
December,
we've
got
another
one's
gonna,
go
fertile
I.
E
I've
just
trying
the
first
one
was
a
to
break
things
over
never
outstanding
it.
You
know
the
previous
year
and
the
next
one
is
just
a
few
items.
Some
stuffs
that
have
come
up
mainly
the
biggest
one,
is
the
cemetery
expansion.
That's
it'll,
be
on
the
resolution
in
July,
28
I'm,
almost
done,
I
think
the
budget
schedule.
Oh
that's,
going
back
from
February
to
March
you've
already
been
through
that
April
May.