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UH, BEN, BEN, SORRY, I'M GETTING SOME FEEDBACK THERE.UH, CAN YOU ALL HEAR ME OUTSIDE? I CAN HEAR.
[A. Discussion - Potential VPSA Spring Pool Refunding ]
UM, APOLOGIES.I'M TODAY, I CAN'T MY ON, BUT I TRYING TO ADD IT ON, SO HOPEFULLY YOU CAN SEE ME.
WELL, UH, I GUESS, DO Y'ALL HAVE A, DO Y'ALL HAVE A COPY MATERIAL THAT ARE ENTITLED, POTENTIAL 2024 DPSA REFUND? YES.
UM, WELL, AGAIN, THANK Y'ALL FOR, FOR HAVING US.
UH, WE'VE REFINANCING OPPORTUNITY PRIOR THAT THE COUNTY HAS ISSUED ON THE 2014 DSA FINANCING.
UM, THAT TRANSACTION HAS BEEN A COUPLE TIMES IN THE PAST, UM, CERTAIN, CERTAIN MATURITIES OF THAT FINANCING THAT THEY REFINANCED.
AND THERE'S ABOUT $11 MILLION, UH, REMAINING OUTSTANDINGLY.
AND SO WE'VE BEEN TRACKING THAT FOR THE LAST COUPLE YEARS FOR POTENTIAL REPOING OPPORTUNITIES TO, UH, THE REMAIN OF THAT LOAN FOR POTENTIAL DEBT SAVINGS.
UM, IN TALKING WITH STAFF IN THE CURRENT MARKET, UM, WE DO SEE A LITTLE SAVINGS TIED TO THAT LOAN AND THE WAY THAT THE VIRGINIA PUBLICITIES APPLICATION PROCESS ISSUANCE PROCESS WORKS, UM, WE HAVE TO GET STARTED EARLY, UM, AND WITH THE APPROVAL PROCESS, IF WE WANT HAVE, UM, EVEN THE ABILITY TO, IN THIS YEAR'S SPRING POOL TO THE, SO THAT'S KIND OF WHAT WE WANTED TO INTRODUCE TO YOU ALL TONIGHT.
WE'LL GO THROUGH, UM, SOME OF THE DETAILS HERE, UH, QUICKLY ABOUT WHERE YOU'RE THE POTENTIAL SAVINGS IN AND TONIGHT.
UH, BUT WE WANTED TO INTRODUCE THE CONCEPT TO YOU ALL AND, UM, GIVE YOU ALL SOME TIME TO THINK ABOUT IT AHEAD OF YOUR NEXT WEEK.
SO IF, IF YOU'RE LOOKING AT PAGE TWO OF THESE MATERIAL, UM, THIS IS JUST AN OVERVIEW.
WE'RE 20, UM, DPSA IN WHICH YOU ALL DID ORIGINALLY, 42.4 MILLION.
THERE IS ROUGHLY 11 MILLION LEFT OUT SEEMINGLY.
UM, AND THESE BONDS ARE, ARE PREPAYABLE BEGINNING THIS SUMMER IN JULY OF 2024.
SO YOU ALL HAVE THE ABILITY TO CONSIDER ON A TAX BASIS IF THERE ARE INTEREST RATE SAVINGS, DEBT SERVICE SAVINGS TO BE ACHIEVED BASED UPON CURRENT MARKET RATES.
AS I MENTIONED, UM, PORTIONS OF THIS LOAN HAVE BEEN REFINANCED IN PRIOR YEARS.
UM, AND, AND THOSE WERE ACHIEVED THROUGH, UH, DUE TO SOME OF THE FEDERAL TAX PROVISIONS, UH, ACTUALLY WAS ABLE TO ACHIEVE SAVINGS BY ISSUING TAXABLE BONDS IN, IN 2020 AND 2021.
UM, THOSE PRIOR TWO REFINANCINGS GENERATED SAVINGS OF APPROXIMATELY $1.3 MILLION,
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UM, WHICH, WHICH REPRESENTED ABOUT, UM, EIGHT TO 9%, UM, PRESENT VALUE SAVINGS AS A PERCENTAGE OF THE BONDS REFUNDED.AND THAT, THAT PERCENTAGE SAVINGS CALCULATION, THAT'S A FACTOR THAT THAT GFOA LOOKS AT, UM, AND OFTEN RECOMMENDS THAT THAT COUNTIES LIKE YOURSELVES LOOK AT, UM, TO DETERMINE WHETHER A REFINANCING IS VIABLE OR ECONOMICAL.
AND TYPICALLY THEY RECOMMEND ANYTHING IN THE THREE TO 5% RANGE, UM, IS A, IS A VIABLE OR AN ECONOMICAL REFINANCING TO BE CONSIDERED.
SO HIT ALL THOSE THRESHOLDS BACK IN 2020 AND 2021 AND WE'RE ABLE TO ACHIEVE SAVINGS.
WE'RE STARTING TO SEE INTEREST RATES AT LEVELS THAT, THAT MAY PRODUCE ADDITIONAL SAVINGS ON THE REMAINING 11 MILLION.
AND SO WE WANTED TO BRING THIS TO YOUR ATTENTION.
WE'RE NOT QUITE THERE YET, BUT, BUT THROUGH THIS PROCESS, YOU COULD CONSIDER, UM, APPROVING MOVING FORWARD WITH THE EPSA PROCESS, UM, AND EVALUATING THE MARKET TO SEE IF, IF A DEBT SERVICE SAVINGS COULD BE ACHIEVED.
UM, BPSA TO START THEIR PROCESS REQUIRES TWO APPROVALS.
UM, THEY REQUIRE AN APPROVAL FROM THE SCHOOL BOARD ON MARCH 14TH, UM, ARE BY MARCH 14TH, EXCUSE ME.
AND THEN THEY WOULD ALSO NEED AN APPROVAL BY THE BOARD OF SUPERVISORS BY APRIL 3RD.
SO KIND OF EARLIER, EARLY ON IN THEIR, THEIR PROCESS AS, AS BPSA WILL NOT ACTUALLY SELL THEIR BONDS, UM, UNTIL LATER THIS SPRING, UM, THE END OF APRIL.
BUT THEY WANT THOSE APPROVALS DONE A LITTLE EARLIER ON IN THE PROCESS.
THEY DO, HOWEVER, ALLOW YOU AND HAVE TOLD US FOR THIS SPECIFIC FINANCING, THEY WOULD ALLOW YOU ALL TO WITHDRAW FROM THE FINANCING AS LATE AS APRIL 22ND IF THE DEBT SERVICE SAVINGS LEVELS THAT YOU CHOOSE TO PURSUE OR NOT ACHIEVE.
SO, SO YOU HAVE THE ABILITY, IF YOU CHOOSE TO APPROVE MOVING FORWARD WITH THIS REFINANCING MONITOR THE MARKET, AND YOU CAN CHOOSE NOT TO PARTICIPATE IF THE SAVINGS DON'T, IF THE DEBT SERVICE SAVINGS DON'T SUPPORT DOING THE REFINANCING UP UNTIL LATE EIGHT, THERE WOULD BE NO COST TO YOU ALL AT THAT POINT.
UM, IF YOU CHOSE NOT TO ISSUE THE BONDS, VPSA SAID, WE CAN INCLUDE YOU IN THE PROCESS, AND IF YOU DON'T END UP MOVING FORWARD WITH THE REFINANCING, THERE'S NO COST TO THE COUNTY FOR DUTIES.
UM, SPECIFIC TO THE REFINANCING OPPORTUNITY ON PAGE THREE, THESE ARE THE BONDS THAT WE'RE TALKING ABOUT.
REFUNDING, IT'S THE $11 MILLION AND THEY ARE, THERE ARE SIX DIFFERENT MATURITIES THAT COULD BE REFINANCED, AND YOU CAN SEE THEY KIND OF SKIPS A FEW YEARS, RIGHT? WE'RE TALKING ABOUT THE JULY OF 25, 27, 28, AND 31 THROUGH 33 MATURITIES THAT ARE REMAINING OUTSTANDING.
THE ONES IN BETWEEN JULY 26TH, 29 AND 30, WHERE YOU SEE THE ZERO BONDS OUTSTANDING OR THE ZERO PAR AMOUNT.
THOSE HAVE ALREADY BEEN REFINANCED THROUGH BPSA BACK IN 2020 AND 2021.
UH, THE REMAINING BONDS THAT, THAT ARE AVAILABLE TO POTENTIALLY RE UM, HAD INTEREST RATES OR COUPON RATES, UM, BETWEEN THREE AND 5%.
THE LARGEST PORTION OF THIS LOAN REMAINING IS, YOU KNOW, THREE TO 3.5% INTEREST RATES.
SO ALREADY NOT, NOT BAD INTEREST RATES, RELATIVELY ATTRACTIVE INTEREST RATES.
WE WOULD BE TRYING TO MARGINALLY IMPROVE UPON THAT, UM, IF THE, THE INTEREST RATE ENVIRONMENT SUPPORTED IT.
UM, IN THE CURRENT INTEREST RATE ENVIRONMENT, YOU LOOK ON THE FAR RIGHT UNDER THAT CURRENT MARKET REFUNDING, YOU CAN SEE THE, THE SAVINGS, THE PRESENT VALUE SAVINGS TIED TO EACH ONE OF THESE MATURITIES.
ALL OF THESE MATURITIES, EXCEPT FOR THE JULY OF 27 MATURITY ARE PRODUCING POSITIVE SAVINGS.
AND THOSE, THEIR INDIVIDUAL PB OR PRESENT VALUE SAVINGS VARY FROM ABOUT A HALF A PERCENT UP TO THE 2033 MATURITY HAS ABOUT 5.8% SAVINGS.
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SO NOT, YOU KNOW, SEVERAL OF THESE MATURITIES ARE IN THAT THREE TO 5% RANGE, BUT THEY'RE NOT ALL THERE.AND ONE OF 'EM DOES IS NOT PRODUCING SAVINGS AT ALL.
SO IN THE CURRENT MARKET, YOU KNOW, IT'S NOT IN THAT, IN THAT THREE TO 5% RANGE QUITE YET, BUT THERE'S A LOT OF TIME BETWEEN NOW AND APRIL WHERE INTEREST RATES COULD EVOLVE.
PAGE FOUR SUMMARIZES, UM, THE RESULTS, UH, UH, IN A LITTLE MORE DETAIL FOR YOU, UM, OF THIS POTENTIAL REFUNDING.
AND I'M GONNA, GONNA HIT ON A FEW THINGS HERE, WHICH I, WHICH I THINK ARE IMPORTANT.
AND THEN WE RUN SOME SENSITIVITIES TO GIVE YOU PERSPECTIVE ON HOW THIS REFINANCING COULD EVOLVE BASED UPON WHAT INTEREST RATES DO IN THE FUTURE.
COLUMN B, WHERE IT SAYS CURRENT MARKET, THIS IS WHERE WE STAND AS OF TODAY, AND THIS IS REFUNDING THE ENTIRE 11.
BEN, CAN YOU HEAR US? I CAN, YES.
I THINK, THINK MITCH FROZE THERE.
DO YOU WANNA PICK UP WHERE HE LEFT OFF ON COLUMN B ON PAGE FOUR? SURE.
YEAH, SO COLUMN, YEAH, COLUMN D ON PAGE FOUR, WE'RE SHOWING THAT WHAT WOULD HAPPEN IF THE CURRENT MARKET DECLINED BY 10 BASIS POINTS.
SO THAT'S 0.1%, AND YOU CAN SEE THAT THE CURRENT MARKET, RIGHT NOW WE'RE AT 2.27% NPV SAVINGS ON LINE FOR THERE.
AND IF IT DECLINES BY JUST 10 BASIS POINTS, WHICH IS NOT MUCH OF A MOVE, IT COULD HAPPEN WITH OVER THE COURSE OF ONE DAY OR A COUPLE DAYS, THAT WOULD INCREASE YOUR SAVINGS FROM 2.27% TO 2.81%.
SO GETTING CLOSER TO THAT 3% THRESHOLD THAT, THAT MITCH MENTIONED NOW, LIKE WE SHOWED IN COLUMN C THERE, IT WOULD DECLINE IF INTEREST RATES INCREASE A LITTLE BIT.
NOW IN COLUMNS E AND F, WHAT WE'RE SHOWING IS HOW MUCH WOULD THE MARKET NEED TO MOVE TO IN ORDER TO ACHIEVE THOSE THRESHOLDS THAT MITCH MENTIONED EARLIER? AND THAT WOULD BE 3% AND 5%.
IN ORDER TO ACHIEVE 3% SAVINGS, THE MARKET WOULD ONLY HAVE TO MOVE A LITTLE BIT MORE THAN THOSE 10 BASIS POINTS ABOUT 14 BASIS POINTS.
UM, AND THEN TO GET TO THAT THRESHOLD OF 5%, UH, THE MARKET WOULD HAVE TO MOVE ABOUT HALF A PERCENT FROM, FROM WHERE IT'S NOW TO BE ABLE TO, TO REACH THAT LEVEL.
SO ANY QUESTIONS ON SORT OF THAT SENSITIVITY THAT WE'VE RUN THERE? YEAH, COULD YOU, UM, INSTEAD OF SAYING IT IN BASIS POINTS, COULD YOU JUST TELL US WHAT, WHAT IS THE CURRENT, UH, INTEREST RATE AND, AND DECLINING, YOU KNOW, POINT, UH, 14 OR, YOU KNOW, 14 BASIS POINTS WOULD BRING THAT DOWN TO WHAT? YEAH.
SO RIGHT NOW, UH, THE INTEREST RATE THAT YOU WOULD BE GETTING ON THESE, I DON'T KNOW IF WE ACTUALLY HAVE THAT IN THIS PRESENTATION, BUT, BUT REALLY WHAT WE ARE TALKING ABOUT IS IF RIGHT NOW THE INTEREST RATES ARE ABOUT 3% TO GET TO A 3% PRESENT VALUE, YOU WOULD NEED THAT, THAT TO DECLINE TO ABOUT 2.86%.
THAT'S, THAT'S HELPFUL FOR US TO, IF WE'RE WATCHING IT, YOU KNOW? YEAH, YEAH.
AND YEAH, AND BEN, I I, I'M BACK ON.
I, I FOUND SOMETHING HAPPENED WITH MY PHONE, BUT HOPEFULLY Y'ALL CAN HEAR ME ON MY IPAD.
WE CAN GET YOU THE EXACT NUMBER FOR THAT, THAT THE CURRENT INTEREST RATE THAT WE'RE LOOKING AT, UM, WHAT THAT INTEREST RATE WILL BE THOUGH IS AN AVERAGE INTEREST RATE BETWEEN BETWEEN 2025 AND 2033.
UM, IT WON'T, IT'S UNLIKE A BANK WHERE YOU JUST HAVE ONE FIXED INTEREST RATE UNDER THE WAY THAT BPSA ISSUES BONDS, YOU HAVE A DIFFERENT INTEREST RATE FOR EVERY YEAR OF, OF BOND THAT YOU'RE ISSUING.
SO IN THIS CASE, 20 25, 20 27, AND 28, AND 20 31, 32, AND 33.
SO I THINK THAT IF YOU'RE TRYING TO SORT OF TRACK ALONG WITH INTEREST RATES, PROBABLY THE SAFEST THING OR, OR THE SIMPLEST THING TO DO IS MAYBE LOOK AT, YOU KNOW, KNOW A FIVE OR SEVEN YEAR INTEREST RATE AS A GOOD PROXY.
UM, AND, AND LIKE BEN SAID, FOR THESE SENSITIVITIES, A DECLINE
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OF 0.14% OR A, A DECLINE OF 0.5% IN THAT INTEREST RATE GETS US WITHIN THOSE TARGETED SAVINGS THRESHOLDS.SO IS THAT, UM, EACH YEAR BEING A LITTLE BIT DIFFERENT? THAT'S WHY ON PAGE THREE, YOU'VE GOT TWO DIFFERENT BONDS AT 3% AND ONE WOULD HAVE A NET SAVINGS AND ONE WOULDN'T BECAUSE THEY'RE A YEAR APART AND MATURITY DATES AND THE RATES ARE SLIGHTLY DIFFERENT.
SO THERE, THERE'S TWO FACTORS THAT PLAY INTO THAT.
NUMBER ONE, THE, THE 2028 BOND HAS ONE ADDITIONAL YEAR TO GENERATE SAVINGS, RIGHT? SO IT'S CURRENTLY AT A 3% INTEREST RATE.
IF WE'RE GOING TO A TWO AND A HALF PERCENT INTEREST RATE IN THAT YEAR, YOU'VE GOT FOUR YEARS OF THOSE SA OF SAVINGS IN THAT INTEREST RATE.
WHEREAS THE BOND IN 2027, YOU'RE ONLY GETTING THREE YEARS OF SAVINGS.
BUT LIKE YOU SAID, THERE'S ALSO A DIFFERENT INTEREST RATE IN 27 THAN THERE IS FOR 2028.
AND IF YOU'VE BEEN FOLLOWING ALONG WITH MARKETS RECENTLY, PROBABLY HEARD THIS TERM OF THE QUOTE INVERTED YIELD CURVE.
THAT'S WHERE THESE SHORTER TERM RATES, YOU KNOW, THE, THE ONE YEAR RATE IS HIGHER THAN THE FIVE YEAR RATE, AND THE FIVE YEAR RATE IS HIGHER THAN THE 10 YEAR RATE.
IT'S A UNIQUE ENVIRONMENT WHERE WE DON'T NORMALLY SEE THAT, SEE THAT NORMALLY THE SHORTER THE RATE IS THE, OR THE SHORTER THE TERM IS, THE LOWER THE INTEREST RATE WILL BE.
SO YOU'RE, YOU'RE DEAD ON THERE THAT, THAT'S ONE OF THE BIG DRIVERS OF WHY YOU SEE THE DIFFERENT LEVEL OF SAVINGS BETWEEN THAT 27 AND 28 MATURITY IS, IS THERE ALSO A, A FIXED COST TO REFINANCING WHERE, UH, THE LONGER MATURITY YOU HAVE, THE MORE YOU CAN RECOUP THAT COST THAT YOU GOT IT? THAT'S RIGHT.
THAT, THAT PLAYS INTO THE NUMBER OF YEARS YOU HAVE TO ACHIEVE THE SAVINGS.
UH, THERE'S CERTAIN COSTS THAT GO INTO THE REFINANCING THAT ARE GONNA BE FIXED THAT, THAT, YOU KNOW, YOU, YOU GOTTA COVER REGARDLESS.
AND THERE'S SOME THAT ARE GONNA BE VARIABLE DEPENDING UPON THE AMOUNT OF, OF BONDS THAT YOU'RE REFUNDING.
BUT THE LONGER THE MATURITIES ARE, THE MORE YOU HAVE TO OVERCOME THOSE FIXED COSTS AND THE MORE SAVINGS YOU'RE ABLE TO GENERATE.
ALL OF THESE SAVINGS THAT WE'RE SHOWING IN THIS PRESENTATION ARE NET OF THE COST OF THE REFINANCING.
SO YOU DON'T HAVE TO BACK OUT ANY COSTS OF THE DOLLARS THAT WE'RE SHOWING YOU.
SO, SO YOU'VE GIVEN US SOME OPTIONS HERE.
WHAT, WHAT IS YOUR RECOMMENDATION? SO AT THIS POINT, YOU DON'T HAVE TO MAKE A FIRM DECISION ABOUT WHETHER YOU WANT TO REFINANCE IT OR NOT.
YOU KNOW, WE'RE GONNA BE COMING BACK TO YOU AND I'LL JUST JUMP FORWARD QUICKLY TO PAGE SIX.
YOU KNOW, WE WOULD BE COMING BACK TO YOU AT YOUR MEETING ON MARCH 12TH WITH A RESOLUTION, UM, AND WHERE YOU COULD CONSIDER AUTHORIZING THIS, THIS REFINANCING SUBJECT TO CERTAIN PARAMETERS.
AND THAT WOULD JUST ALLOW YOU TO CONTINUE TO MONITOR THIS REFINANCING.
AND IF RATES CONTINUE TO, OR RATES DECLINE TO A LEVEL THAT THE INTEREST RATE SAVINGS ARE ATTRACTIVE TO YOU, THEN YOU CAN BE A PART OF THE POOL AND YOU CAN MOVE FORWARD WITH THE REFINANCING FOR SOME OR ALL OF THESE BONDS.
BUT YOU HAVE UNTIL APRIL 22ND TO, TO WITHDRAW FROM THE COURT.
SO THAT'S REALLY YOUR DEADLINE IS THAT APRIL 22ND DAY.
SO YOU COULD ADOPT A RESOLUTION, WHETHER IT IT'S ON MARCH 12TH, OR WE COULD DO IT ON APRIL 2ND AND CHOOSE TO MOVE FORWARD WITH THIS REFINANCING.
BUT IF INTEREST RATES DON'T IMPROVE TO LEVELS THAT, THAT MEET SOME ESTABLISHED PARAMETER, UM, WE CAN WITHDRAW FROM THE REFINANCING AND, AND, AND MOVE ON AND CONTINUE TO MONITOR IT, IT FOR FUTURE DEALS.
SO TO ME, THERE'S NO COST THAT YOU CHOOSE TO WITHDRAW, KIND OF RISK FREE TO KEEP THE FLEXIBILITY TO MOVE FORWARD WITH VPSA, MAYBE GET A CHANCE TO REFINANCE NOW, IF NOT, YOU PULL OUT AND YOU CONTINUE TO MONITOR IT.
SO I THINK YOU CAN KEEP YOUR OPTIONS OPEN BY, BY ADOPTING THE RESOLUTION AT ONE OF YOUR NEXT TWO MEETINGS AND CONTINUE TO MONITOR IT WITHOUT, YOU KNOW, RISK OF HAVING CALLS IF WE REFINANCE.
UM, ARE WE PUSHING OUT THE OUTER HORIZON TO WHEN THIS IS ALL PAID OFF? YES.
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THIS, THIS IS A, THIS IS A N MATURITY.SO WE ARE, WE ARE NOT EXTENDING THE MATURITY OF THE BONDS.
YOU'RE NOT, SO YOU, YOU'LL PAY IT OFF AT THE SAME TIME AS IT OTHERWISE WOULD'VE BEEN PAID.
AND IF WE, UH, EXERCISE THE CALL AND, AND, UH, PAY THE EXISTING BONDS EARLY, UH, DOES THAT IN ANY WAY HARM OUR, OUR CREDIT RATING? YEAH.
UH, I LEMME THINK ABOUT THAT FOR A SECOND BEFORE I RESPOND.
RIGHT? IT'S A POSITIVE TO RETIRE YOUR DEBT EARLY AND YOU HAVE LESS DEBT OUTSTANDING AT THE SAME POINT IN TIME.
IF YOU USE FUND BALANCE TO REPAY THAT DEBT, YOU REDUCE YOUR FUND BALANCE, WHICH IS A NEGATIVE.
SO I DON'T WANNA LOOK AT THAT IN A LITTLE MORE DETAIL, BUT GENERALLY SPEAKING, IF YOU HAVE SUFFICIENT FUND BALANCE, UM, USING EXCESS FUND BALANCE TO RETIRE YOUR DEBT WOULD CERTAINLY NOT BE A NEGATIVE TO YOUR CREDIT CREDIT.
THANK YOU THAT, UM,
I THINK I HAPPY TO GO THROUGH THIS IN MORE DETAIL, BUT I THINK YOU KIND OF HIT ON IT WITH, WITH, WITH, YOU KNOW, WHAT WOULD WE DO? I THINK CONTINUE MONITORING IT.
YOU CAN APPROVE IT WITHOUT, WITHOUT THE INCURRING ANY COSTS AND JUST KEEP YOUR OPTIONS OPEN GOING FORWARD.
UM, AND, AND WHAT WE WOULD DO IS, YOU KNOW, AGAIN, COME BACK TO EITHER ON MARCH 12TH OR APRIL 2ND WITH A RESOLUTION THAT LAYS OUT SOME MORE DETAILS AND WE CAN TALK THROUGH WITH YOU.
YOU KNOW, YOU WOULD HAVE TO ESTABLISH SOME PARAMETERS IN THE PAST.
WE'VE ESTABLISHED PARAMETERS, UM, IN 2020 AND 2021 FOR A MINIMUM NET PRESENT VALUE PERCENTAGE SAVINGS GENERATED BY THE REFUNDER.
AND THAT'S, THAT'S WHAT WE WOULD BE LOOKING AT DOING THIS YEAR IF YOU WANTED TO MOVE FORWARD WITH THE RESOLUTION.
AND WE'LL HAVE SOME MATERIALS FOR YOU TO SHOW KIND OF WHAT THE SAVINGS LOOK LIKE IN DIFFERENT LEVELS, AND YOU CAN CHOOSE WHAT LEVEL TO PUT PUT IN YOUR PARAMETERS.
UM, IS THERE A PROCESS, UH, I'LL JUST USE A MORTGAGE METAPHOR.
LIKE IF YOU'RE BUYING A HOUSE AND SUDDENLY MORTGAGE RATES DROP A HALF A POINT, YOU WANT TO CALL YOUR BROKER AND LOCK IN.
IS THERE A PROCESS FOR THAT AND A LEAD TIME THAT'S NEEDED FOR THAT? YEAH, SO I APOLOGIZE.
I'M ON MY IPAD, SO MY FACE IS PROBABLY RIGHT IN FRONT OF THE CAMERA.
UM, THE, THAT, UNFORTUNATELY THAT'S NOT THE WAY IT WORKS WITH, WITH THE VIRGINIA PUBLIC SCHOOL AUTHORITY, THE WAY THEY SELL THEIR BONDS AND WHAT'S CALLED THE PUBLIC MARKETPLACE.
AND SO YOU HAVE A, A SALE DATE, UM, AND THAT DATE IS WHEN THE INTEREST RATES ARE LOCKED IN.
THAT'S WHEN INVESTORS ARE PURCHASING THEIR BONDS.
THAT'S WHEN THE INTEREST RATES ARE SET.
SO THERE'S NO ABILITY TO LOCK IN THE SAVINGS BEFORE THAT SALE DATE.
OKAY? WE'RE ABLE TO DO THAT THROUGH OTHER OPTIONS LIKE A DIRECT BANK LOAN.
UM, AND WE'VE DONE SOME OF THOSE TYPE OF REFINANCINGS WITH YOU ALL IN THE PAST.
UNDER THAT APPROACH, YOU'RE ABLE TO LOCK IN THE INTEREST RATE 30, 45, 60 DAYS BEFORE YOU CLOSE ON THE BONDS.
BUT RIGHT NOW, THOSE INTEREST RATES ARE MUCH HIGHER THAN THE PUBLIC MARKETS OR WHAT BPSA IS, IS HOW BPSA IS ISSUING THEIR BONDS.
THERE WOULD NOT BE ANY SAVINGS WITH THAT, WITH THAT DIRECT BANK LOAN APPROACH TO THAT.
AND OF COURSE, WHAT MAKES THIS ATTRACTED TO THE, UH, TO THE MARKETPLACE IS THAT THESE ARE FEDERAL AND STATE TAX, UH, FREE, CORRECT? THAT, THAT, THAT'S CORRECT.
YOU'RE ABLE TO ISSUE THESE BONDS ON A TAX EXEMPT BASIS, AND SO, YOU KNOW, YOU GET A BETTER INTEREST RATE THAN YOU WOULD IF YOU WERE HAVING TO SELL THE BONDS ON, ON A TAXABLE BASIS LIKE A CORPORATION OR THE FEDERAL GOVERNMENT.
ANYONE ELSE, UH, JUST, JUST TO KIND OF MAKE SURE WHAT WE'RE LOOKING HERE, HERE, UM, ON THE, THE SHEET THAT SAYS THAT REFERS TO ALL REMAINING CALLABLE BONDS.
UH, WHAT'S THE NUMBER DOWN AT THE BOTTOM? UH, PAGE FOUR.
OR SIX OF 27 IF YOU'RE LOOKING AT THAT FOR NOW.
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AND, AND ESSENTIALLY YOU'RE LAYING OUT A SCENARIO, UH, IF YOU, YOU'VE DEFINED THIS WINDOW THREE TO 5%, SO YOUR BOX BASICALLY BRACKETING THAT WINDOW.UM, IN THE BEST CASE, THERE'S $330,000 TO BE SAVED AND IN, AND AT THE OTHER SIDE OF THAT BRACKET, $90,000 TO BE SAVED.
YEAH, IT'S, YOU WANNA LOOK AT THE LINE RIGHT ABOVE THAT LINE.
IF WE GET INTO THAT 3% SAVINGS CATEGORY, UM, YOUR TOTAL SAVINGS WOULD, WOULD BE 364,000.
AND IF YOU GET INTO THAT 5% CATEGORY, IT WOULD BE A LITTLE OVER 600,000, $604,000 OF SAVINGS.
SO IF I MAY, LINE 20 IS THE DIFFERENCE BETWEEN THE MARKET TODAY AND WHAT WE'RE LOOKING FOR IN THIS MARKET TO SELL THE BONDS.
WHAT YOU'RE LOOKING AT WITH EXAMPLE, THE 5%, IT'S THE ACTUAL ON LINE 19 ABOVE 6 0 5, MEANING IF WE DID IT TODAY, IT WOULD BE 330.
IF YOU DID IT TODAY, IF YOU, IF YOU, IF YOU WENT FOR 5% SAVINGS AND WE GOT THESE RATES, THEN THE DIFFERENCE BETWEEN THE MARKET TODAY AND WHEN THIS WILL SELL THE END OF APRIL IS $331,000.
AND TODAY'S MARKET COLUMN B, LINE 19, WE'RE ESTIMATING SAVINGS WOULD BE ABOUT $274,000.
IF RATES WENT DOWN BY A HALF A PERCENT, 0.5%, YOUR SAVINGS WOULD BE COLUMN F LINE 19 604,000, WHICH IS A INCREASE IN SAVINGS FROM THE CURRENT MARKET OF ABOUT $330,000.
I FOUND THE, THE COLUMN B FIGURE WAS WHAT I NEEDED TO MAKE THIS ALL MAKE SENSE.
AND, AND YOU KNOW, AGAIN, TODAY IN THE CURRENT MARKET, IN THE AGGREGATE ON, ON ALL THE BONDS, IT'S ABOUT 2.27% SAVINGS.
SO THAT'S NOT A SAVINGS THRESHOLD THAT, THAT WE WOULD SAY YOU SHOULD EXECUTE THAT REFINANCING RIGHT NOW.
BUT WE'RE NOT EXECUTING THE FINANCING RIGHT NOW.
IT'S UP ON LINE FOUR UNTIL APRIL 23RD TO DO IT, WHICH IS WHY YOU CAN, YOU CAN KEEP YOUR OPTIONS OPEN AND CONTINUE TO EVALUATE THE MARKET AND SEE HOW THINGS EVOLVE.
SO ALL OF THIS IS, IS BECAUSE THAT 2.27 MAY BE TRENDING TOWARDS THREE AND ABOVE IT AND MAYBE EVEN HIGHER? YES, THAT'S RIGHT.
AND YOU KNOW, BIG PICTURE, YOU KNOW, THE MARKET HAS BEEN FAIRLY VOLATILE RECENTLY.
UM, YOU KNOW, UP UNTIL ABOUT A MONTH AGO, A COUPLE WEEKS AGO, THERE WAS AN EXPECTATION THAT WE WOULD SEE, YOU KNOW, THE FEDERAL RESERVE CUT THEIR OVERNIGHT RATE, THEIR SHORTEST OR SHORT TERM RATES, YOU KNOW, UP TO SIX TIMES REDUCE THAT INTEREST RATE UP TO SIX TIMES THIS YEAR.
SOME THINGS HAVE HAPPENED, SOME DIFFERENT INFLATION NUMBERS HAVE COME OUT AND, AND PEOPLE ARE BACKING OFF OF THAT PREDICTION.
BUT WE'VE GENERALLY SEEN, UM, A DECLINE IN INTEREST RATE ENVIRONMENT RECENTLY.
AND SO IF THINGS TREND THAT WAY, THAT WOULD BE GREAT.
SAVINGS WOULD IMPROVE AND WE COULD MOVE FORWARD.
UH, BUT NONE OF US CONTROL THE MARKET AND NONE OF US KNOW WHERE THAT'S GONNA BE.
SO THE IDEA IS IF YOU WANT TO MOVE FORWARD, KEEP YOUR OPTIONS OPEN, YOU CONTINUE TO EVALUATE IT.
WE CAN'T MAKE THE DECISION IN APRIL TO PARTICIPATE IN THE VPSA SPRING POOL.
WE'VE GOTTA MAKE THAT DECISION, YOU KNOW, NOW FOR THE SCHOOL BOARD, UM, TO ADOPT THEIR RESOLUTION.
SO THAT'S WHY, THAT'S WHY WE'VE GOTTA LOOK AT THIS SENSITIVITY TO SAY WE'RE NOT QUITE THERE YET, BUT WITH SOME MARKET IMPROVEMENT WE COULD BE.
AND SO WE, WE COULD CHOOSE TO ADOPT SOME RESOLUTIONS NOW, KEEP OUR OPTIONS OPEN AND DECIDE AT A LATER DATE.
SO IF WE MISS THIS ONE OR IF IT DOESN'T WORK OUT, WHEN'S THE NEXT OPPORTUNITY? IS THERE A FALL POOL OR IS THIS A ONE-OFF OPPORTUNITY? THERE IS A FALL POOL AND OCCASIONALLY THERE WILL BE A SUMMER POOL.
UM, AND SO IT, THERE WILL BE OTHER ACCESS POINTS TO THE MARKET, UM, TO POTENTIALLY ACHIEVE THIS REFINANCING IF RATES SUPPORTED.
SO, YOU KNOW, IF WE MISS IT OR NOW, OR, OR RATES DON'T SUPPORT IT NOW WE DO, WHAT WE'VE BEEN DOING FOR THE LAST COUPLE YEARS
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IS JUST CONTINUE TO MONITOR IT AND, YOU KNOW, AS WE MOVE FORWARD TO THE FALL POOL, YOU KNOW, PROBABLY TALKING LATE SUMMER WHEN WE WOULD BE LOOKING AT, UM, NEEDING APPROVALS IN PLACE FOR THAT FALL POOL AND WE WOULD JUST HAVE THIS CONVERSATION AGAIN AND SEE WHERE THINGS STAND AND DECIDE WHETHER WE WANT TO, TO, TO DO A RESOLUTION TO, TO POTENTIALLY PARTICIPATE IN THAT.ANY MORE QUESTIONS? I, I SUGGEST WE WATCH RATES AND WELL, THERE'LL BE, UM, THERE'LL BE VERY VOLATILE MM-HMM.
DEMOCRATS SAY SOMETHING RATE JUMPS, REPUBLICANS SAY SOMETHING RATE JUMPS AND YOU GET STOCK.
UM, PROBABLY IF YOU, IF THEY DON'T A, IF THEY DON'T MEET THE SAVINGS OR B YOU DECIDE THAT WE WOULD LIKE TO WAIT, PROBABLY WE LOOK AT WAITING AT LEAST A YEAR BECAUSE IT'S VERY SKETCHY THE, UH, THREE, FOUR MONTHS BEFORE THE ELECTION.
AND THAT'S NOT ANYBODY IN PARTICULAR, IT'S JUST ANYBODY OPENS THEIR MOUTH, SOMETHING HAPPENS TO THE RATES AND EVERYBODY HAS TO OPEN THEIR MOUTH DURING THE ELECTION PERIOD.
UM, I HEARD A-V-P-S-A SAY THAT WE NEEDED TO DO AN, A LETTER OF INTEREST, UH, ON THE FOUR, ON THE 12TH BEFORE THE 14TH, AND THEN ACTUALLY ADOPT THE FORMAL ON THE SECOND.
AND DAN, I KNOW YOU, I I, I WAS IN MEAN, I KNOW YOU WERE ON THAT CALL WITH DPSA, UH, SO WE CAN CLARIFY THAT, ED, BUT WE DO HAVE THE, THE MEETING NEXT WEEK ON OUR CALENDARS YES.
TO TO, TO COME BACK TO YOU ALL AND TO HAVE THAT, THIS CONVERSATION FURTHER.
BALLINGER WAS ON OUR CALL TODAY, AND HE'S IN THE, HE AND ROB ARE IN THE LOOP ON WHAT THIS IS ABOUT.
UH, THEY WILL BE ON THE BOARD ON THE SCHOOL BOARD NEXT WEEK TO TALK ABOUT IT.
AND THE SCHOOL BOARD HAS TWO OPTIONS.
A DO THIS RESOLUTION OF INTENT DOESN'T COMMIT YOU, BUT IT SAYS YOU WANNA PLAY AND THEY CAN DO IT THEN, OR THEY CAN DO IT AS PART OF OUR JOINT MEETING ON THE 12TH.
WHAT VPSA, WHAT I HEARD WAS THAT THEY NEED THE INTEREST OF INTENT ON PARTICIPATING BY THE 14TH.
AND THEN THAT'S THAT'S RIGHT, ED, THEY THAT'S RIGHT.
THEY NEED THAT FROM THE SCHOOL BOARD.
YEAH, THE SCHOOL BOARD NEEDS TO ADOPT THAT, THAT RESOLUTION BY THE 14TH.
AND LIKE YOU SAID, THEY MIGHT DO IT NEXT WEEK AT THE SIXTH, OR THEY CAN DO IT AT YOUR JOINT MEETING ON THE 12TH.
UH, BUT FOR THE COUNTY, THEY NEED THAT RESOLUTION DONE BY THE BEGINNING OF APRIL.
SO THAT COULD BE DONE AT THE 12TH OR AT YOUR APRIL 2ND MEETING.
AND THAT GIVES YOU A LITTLE BIT LONGER IF YOU WANT, JUST TO SEE WHAT THE MARKET'S GOING TO DO.
AND THEN THE WAY WE DID THE LAST ONE, WE, YOU SET THE PARAMETERS OF WHAT YOU WANT TO SAVE AND WE SAID A MINIMUM OF 4% AND THEN GAVE THE DISCRETION TO THE CHAIR TO COME IN.
AS SOON AS DPSA HAD THE INITIAL RATES AT THE, AT THE SALE, WHEN THEY PUT 'EM OUT TO BID, THEN THEY WOULD, UH, CHAIR CAME IN AND LOOKED AND THEY'RE GONNA OFFER US THIS ON THIS ONE OF THESE YEARS AND THIS ON ANOTHER YEAR, ET CETERA.
AND WE PICK AND CHOOSE WHAT WE LIKE IN THERE TO CREATE OUR SAVINGS.
OR WE HAD THE OPTION, THE CHAIR CAN SAY, NO, WE DON'T LIKE ANY OF THIS, AND THEN WE JUST DROP, WE'D WITHDRAW.
BUT, UM, WE HAVE NOT, WE ARE NOT SPENDING ANY MONEY, UH, PART OF THIS SALE PAYS FOR BOND COUNCIL AND FOR THE INVESTMENT ADVISORS.
SO IF WE DON'T DO THE SALE, THEN THEY'RE WAITING FOR THE NEXT SALE.
YOU DON'T, YOU'RE NOT GONNA GET A BILL, UM, FOR THIS IF, UH, IF WE DO THE SALE, BEN AND MITCH ARE GONNA SEND US A BILL AS PART OF THE CLOSING.
[00:35:01]
AND, AND YOU WILL NOT HAVE TO COME OUT OF POCKET FOR THAT BILL.IT WOULD BE BUILT INTO THE FINANCING SUCH THAT IF YOU ISSUE THE BONDS TO PAY OFF THE, TO REFINANCE, PAY OFF THE OLD BONDS, AND TO PAY THE COST EMISSION.
SO, YOU KNOW, YOU DON'T HAVE, IT DOESN'T COME OUTTA YOUR BUDGET.
AND THAT'S, YOU KNOW, PART OF THESE REFINANCINGS IS WE UNDERSTAND THAT THEY'RE SUBJECT TO MARKET CONDITIONS AND NONE OF US HAVE CONTROL OVER THAT.
SO, UH, WE, WE WORK THROUGH THE PROCESS AND IF IT DOESN'T WORK OUT, THEN WE JUST CONTINUE TO MONITOR IT LIKE WE'VE BEEN DOING.
AND, UM, RATES WILL SUPPORT IT AT SOME POINT.
AND WE MAY, WE MAY DO, I'M SORRY.
ARE ALL THE SAVINGS REPRESENTED IN THESE TABLES ALREADY INCLUSIVE AND, AND HAVE THE FEES ALL BURIED IN THERE? YES.
THE, THE FEES ARE PART OF THIS.
THE COST OF ISSUANCE IS PART OF THIS.
UM, AND IF WE, WE MAY DECIDE TO PULL A COUPLE OF THESE YEARS OUT, YOU KNOW, SOME OF THOSE YEARS LOOK GOOD AND SOME OF YEARS NOT PARTICULARLY, AND WE MAY, DEPENDING UPON HOW IT AFFECTS THE TOTAL, PULL A COUPLE OF THEM OUT AT THE VERY LAST MINUTE.
WHEN THE CHAIR, WHEN THE CHAIR COMES IN AND WE LISTEN TO THE BOND SALE REPORT, WE MAY SAY WE WANT TO TAKE OUT ONE, JUST GO WITH TWO THROUGH SIX, OR WE WANT TO TAKE OUT ONE AND TWO.
BUT ALL OF THAT WILL THEN BE FLEXIBLE WHEN YOU SEE IT.
AND THAT, AND, AND YOU CAN SEE THAT GOING FROM PAGE FOUR TO PAGE FIVE, RIGHT? PAGE FOUR IS REFINANCING THE ENTIRE 11 MILLION IN COLUMN D.
PAGE FIVE IS REFINANCING ONLY THE SIX 5.99 MILLION THAT INSURES IN 2031 THROUGH 2033, THAT JUST THOSE THREE MATURITIES BY THEMSELVES ON LINE FOUR HAVE THAT NET PRESENT VALUE SAVINGS OF 3.3%.
SO THAT WOULD KIND OF BE ALREADY FOR JUST THOSE THREE MATURITIES, IT WOULD BE IN THAT MINIMUM THRESHOLD OF THAT TARGETED SAVINGS.
WELL, I WAS JUST GOING TO JUST LAST CLARIFICATION.
AND THAT'S PRODUCING LINE 19, $275,000 OF SAVINGS.
THAT 275 HAS ALREADY PAID FOR THE COST OF THE FINANCING.
SO THAT 2 75 IS, IS, IS TRUE SAVINGS TO THE COUNTY.
YOU DO NOT HAVE TO PAY COSTS OUT OF THAT 2 75.
SO THE, UM, THE ODDS, IF YOU LOOKED ON HERE, THIS IS ONLY 22 BASIS POINTS.
SO THE ODDS OF REACHING ON WHAT'S ON YOUR PAGE FIVE, PAGE SEVEN, UH, UM, ARE MUCH HIGHER THAN REACHING THE FIVE.
BUT THE FIVE IS NOT UNDOABLE AT ALL.
ANYTHING ELSE FOR BEN AND MITCH? I I DO HAVE ONE QUESTION THOUGH, DR.
SO WHEN YOU WERE SAYING A JOINT MEETING, IS THAT OUR BUDGET HEARING WITH THE SCHOOL BOARD THAT WILL TALK ABOUT THIS BUDGET PRESENTATION? NOT A HEARING MA'AM? A PRESENTATION? YES.
THAT'S THE MEETING THAT YOU WERE REFERRING TO.
THIS WILL BE COVERED AT THAT MEETING AGAIN.
SORRY, TECHNICAL DIFFICULTIES THERE.
[B. Discussion - Shenandoah Shores Sanitary District Water Rate Increase & Added Revenue Categories - Alisa Scott, Finance Director]
NEXT ON THE AGENDA IS SHANNON SHORE'S SANITARY DISTRICT WATER RATE INCREASE IN ADDED REVENUE CATEGORIES.MRS. SCOTT, MADAM CHAIR, I, UH, RESPECTFULLY REQUEST THAT WE TABLE THIS DISCUSSION FOR A DIFFERENT MEETING.
UH, THE POSF HAD SOME QUESTIONS THAT NEEDED TO BE ANSWERED, UM, BY THE ATTORNEY.
SO WE'RE NOT READY TO DISCUSS THAT IN FULL TONIGHT.
OKAY,
[C. Discussion - FY 2024-2025 Department Personnel Requests - Jane Meadows, Deputy County Administrator ]
DEPARTMENT PERSONNEL REQUEST.[00:40:02]
THANK YOU.SO I HAVE JUST PROVIDED EACH OF YOU WITH TWO DIFFERENT SHEETS OF PAPER.
ONE IS THE NEW PERSONNEL REQUESTS FOR FY 25 AND THE SECOND PAGE ARE, UM, THE REQUESTED PERSONNEL CHANGES.
ALL OF THE NEW POSITION REQUESTS ARE REQUESTS THAT DURING THE DEPARTMENTAL, UM, MEETINGS, THE DEPARTMENT HEAD HAS MENTIONED THIS.
SO IT SHOULDN'T BE A SURPRISE WHEN WE GO THROUGH THEM.
UM, THE FIRST, I'LL GO THROUGH IT BY DEPARTMENT.
SO FIRE AND RESCUE IS REQUESTING NINE ADDITIONAL POSITIONS FOR, UM, THREE WOULD BE FLOATER POSITIONS.
AND THE OTHER SIX POSITIONS WOULD BE TO STAFF THE SHENANDOAH SHENANDOAH SHORES STATION, UM, WITH CAREER STAFF.
UM, YOU'LL NOTICE A LINE ON THERE FOR ADDITIONAL COSTS, AND THOSE ARE FOR SOME ANCILLARY, UM, COSTS THAT WOULD BE INCURRED BY OPENING THE STATION.
UM, IF YOU HAVE SPECIFIC QUESTIONS, WE HAVE THE FIRE CHIEF AND ALSO THE ASSISTANT CHIEF WHO CAN ANSWER THOSE MUCH MORE ELOQUENTLY THAN I CAN.
BUT IF YOU HAVE ANY QUESTIONS REGARDING THE POSITIONS, WE'RE HAPPY TO ANSWER.
SO, SO WE'RE LOOKING AT THESE POSITION TO, UM, PUT OUR BUDGET IN A BOX.
YOU HAVE TONIGHT, YOU GET THIS LIST OF 1.5 FOR NEW POSITIONS, AND YOU GET ON THE SECOND PAGE ABOUT 31,000 IN SOME CHANGES, SOME IN THE CURRENT.
YOU GET, UH, THE CAPITAL, UH, IN A COUPLE MINUTES AND THE ASSETS, AND YOU TAKE ALL OF THOSE.
AND THAT GIVES US EVERYTHING THAT GOES IN THIS BUDGET.
YOU WILL HAVE SEEN, WITH THE EXCEPTION OF THE SCHOOL BOARD, AND THEY'RE IN, WHATEVER THEY ARE REQUESTING WILL THEN COME ON TOP OF THIS AND THESE WILL NOW BE PUT INTO THE TOTAL PACKAGE SO THAT THEY'RE IN THE BOX.
THEY ARE NOT IN THE BOX TODAY,
SO WHEN THEY GET INTO THE BOX, THEN WE'RE GONNA SEE THE TRUE REP, UH, THE TRUE EXPENSE NUMBER, RIGHT? YES.
AND THEN THE REVENUE NUMBER IS COMING FROM OUR AUDIT, OR IS THAT GOING TO BE AN ESTIMATE WHEN WE SEE THE TOTAL? UM, IT'S AN ESTIMATE.
SO THEN THE NEXT THING THEN THE BOARD WILL BE LOOKING AT THIS, THE, THE ASK IF YOU WILL, FROM ALL THE DEPARTMENTS, AND THEN WE WILL DECIDE HOW WE'RE GONNA FUND IT? OR IS THAT GONNA BE WITH THE HELP OF OUR ADMINISTRATOR? WELL, DEPENDS UPON HOW YOU WOULD DO IT.
YOU CAN, UM, YOU CAN DO THIS LIKE THE OTHER COUNTIES OR YOU CAN DO IT YOURSELF.
WELL, HOW DOES THE OTHER COUNTIES DO IT? WELL, THE OTHER COUNTIES, EVAN OVER IN SHENANDOAH, HE WILL COME IN WITH HIS BUDGET.
HE SAID HE'S GONNA BE IN THIS WEEK AND HE'S GONNA PRESENT A BUDGET WITH WHAT HE'S RECOMMENDING BE APPROVED AND WHAT FUNDING HE, WHAT REVENUES HE IS REQUESTING.
AND THE BOARD IS GOING TO LOOK AT IT IN THE CONTEXT OF THE BOX DOWN LIKE THIS.
SO, AND THEN HE WILL SAY, OKAY, IF YOU PUT THIS MONEY HERE, WE'RE GONNA EXPAND IT A LITTLE BIT.
AND IF YOU TAKE THIS MONEY OUT, WE'RE GOING TO DECREASE IT A LITTLE BIT.
UH, NORMALLY THE, THE, UH, TOWN MANAGER, WHEN MR. WALTZ, MR. WALTZ WILL BRING THE TOWN COUNCIL BASICALLY A BUDGET, AND THEY WILL LOOK AT ALL THE LINE IN THE ITEMS IN THE BUDGET WITH THE PARAMETERS THERE AND TO BE ABLE TO SAY, OKAY, WE WANT TO INCREASE THIS, WE WOULD WANT TO DECREASE THAT, ET CETERA.
BUT THEY'LL HAVE THE WHOLE PICTURE.
THEY DON'T, UM, GO THROUGH AS MUCH AS YOU DO HERE.
SO IF YOU WANT TO, UH, CREATE FIVE BUDGETS, YOU CAN DO THAT.
[00:45:01]
JOINTLY BE BRINGING YOU BUDGETS BACK TO LOOK AT WITH REVISIONS THAT WE WILL BE RECOMMENDING TO YOU TO BRING THE BOX TOGETHER.SO THAT'S, THAT'S UP TO THE BOARD.
SO, SO, YOU KNOW, AND I DON'T, I MEAN, I'M NOT TAKING A PREFERENCE HERE, YOU KNOW, I MEAN, ALL I CARE IS THAT WE WE'RE SMART ABOUT WHICH DEPARTMENTS GET CUT VERSUS OTHER DEPARTMENTS OR, YOU KNOW, UH, WHICH FUND.
WHICH IS REALLY A DEPARTMENT, BUT MM-HMM.
WELL, AND, AND THAT MAKES SENSE, YOU KNOW, TO THE POINT.
BUT THEN THE BOARD ALSO WENT THROUGH THIS, UM, ADVANCE MM-HMM.
THAT, THAT WOULD BE THEIR GUIDELINE OF WHAT IS GOING TO BE FUNDED VERSUS PUT OFF THE SIDE, SOME OF IT.
SO I JUST HAVE TO PUT MY 2 CENTS IN AND IT'LL, IT WILL COME BACK TO THAT.
UM, NOT TO JUMP TOO FAR AHEAD OF OURSELVES, BUT WE WILL BE TALKING NEXT WEEK OKAY.
ABOUT THESE, HOW THE BOARD IS GOING TO INTERACT AMONGST THEMSELVES AND THE STAFF.
AND WE WILL TALK ABOUT, YOU HAVE THE SCORING SHEET.
AND THEN YOU HAVE THE FIVE CATEGORIES PLUS ONE MORE.
AND THESE RANKED IN HERE ONE, EVERYONE ON AT LEAST ONE SHEET, THE UPGRADE AND BETTER UTILIZE THE AIRPORT HAPPENS TO BE ON TWO SHEETS.
UH, BUT THE OTHERS ARE ALL ON ONE.
AND THEY'RE LISTED WITH THEIR PRIORITY BY THE RANKING THEY GOT FROM THE BOARD OF SUPERVISORS BOARD.
THIS IS THE BOARD, THIS IS OUR, OUR RANKING.
AND THAT PART, UH, YOU SENT IN THE RANKINGS AND WE TOOK 'EM AND DIVIDED.
AND ALL THE OBJECTIVES CAME FROM THE BOARD OF SUPERVISORS.
AND THEN THE RED ONES ARE, THEY ARE ONES THAT YOU SUGGESTED LA AT THE LAST ADVANCE BUT HAVE NOT RENTED.
SO ANOTHER THING NEXT WEEK IS TO LOOK AT, UH, NUMBER ONE, ARE ALL THESE IN THE RIGHT CATEGORIES, BUT YOU WANT TO MOVE THEM FROM A TO B
AND TWO, HOW DO YOU WANT TO RANK THE ONES THAT HAVE NOT BEEN RANKED? AND THREE, SOME OF THEM PROBABLY PRETTY MUCH GO AWAY.
UH, EXAMPLE BEING THE YOUTH CENTER IS ON HERE.
SO YOU DON'T, AS OPPOSED TO SOMETHING ELSE THAT YOU WANT TO SPEND YOUR CHIPS ON UP HERE.
JAMESON'S, UM, PROPOSALS BACK HERE WHEN WE TALK ABOUT OPTIMIZING THE APPLICATION OF OUR RESOURCE.
AND THERE WILL BE SEVEN, MAYBE EIGHT, UM, STAFF PEOPLE WHO WILL BE COMING TO MEET WITH YOU NEXT TUESDAY TO TALK ABOUT, UH, ABOUT THESE AND THAT.
AND THEN THAT ALL COMES BACK TO NEXT THURSDAY WHEN YOU WILL START TALKING ABOUT THIS BUDGET AGAIN.
YOU'LL BE TALKING ABOUT PRIORITIES.
THEN THURSDAY, ON WEDNESDAY RATHER, AND
[00:50:01]
ON THURSDAY, THEN YOU'LL BE TALKING BACK TO THE BUDGET AND YOU CAN BE THINKING ABOUT HOW IT RELATES BACK TO THIS.SO THURSDAY WOULD BE AN OPPORTUNITY FOR THE BOARD MEMBERS TO EXPRESS THEIR RECOMMENDATIONS.
AND WE'LL THEN, UH, ON THE 12TH WE WILL MEET WITH THE SCHOOL BOARD AND YOU WILL HAVE A REGULAR MEETING.
AND THEN ON THE 14TH, WE WILL BE BACK DOING THIS PROCESS AGAIN.
IT'LL TAKE US, UH, LAST YEAR IT TOOK US ABOUT FOUR WEEKS THAT WE DID THAT.
SO IT'LL TAKE ABOUT FOUR WEEKS THIS YEAR.
AND ON THE 19TH, THEN THE THIRD TUESDAY IN MARCH, YOU SHOULD BE LOOKING AT WHAT, IF ANYTHING YOU INTEND TO DO WITH THE REAL ESTATE RATE.
ANYTHING YOU ELSE THAT YOU WANT TO CHANGE IS SEPARATE, BUT REAL ESTATE AND PERSONAL PROPERTY, IF YOU DID ANY CHANGES WITH THOSE, THAT NEEDS TO BE DONE, YOU NEED TO DETERMINE THAT EARLY IN MARCH BECAUSE THAT NEEDS TO BE ADVERTISED BY THE END OF MARCH SO THAT THE APRIL 2ND AT THE VERY LATEST APRIL 9TH, WE CAN APPROVE THE TAX RATES AND THEREFORE THE TREASURER AND THE COMMISSIONER CAN BEGIN THEIR PROCESS.
AND THAT TAKES THEM ABOUT 30 DAYS TO GET THE BILLS OUT.
AND THEN YOU HAVE THE REST OF UNTIL JUNE 30TH TO DO ANYTHING ELSE YOU WANT TO DO WITH THIS BUDGET, UH, OR SEVERAL OTHER THINGS WE'LL BE TALKING ABOUT.
YOU'VE ALREADY TALKED ONCE ABOUT YOUR LANDFILL FEES AND THE AMOUNT THAT YOU, UH, THE GENERAL TAXPAYER PUTS INTO THE LANDFILL AND WHETHER THAT, UM, SHOULD BE ALTERED AND HOW IT SHOULD BE ALTERED.
AND SEVERAL OF YOUR OTHER, UH, ITEMS, YOU DID THE, UM, BUILDING AND PLANNING AND DEVELOPMENT FEES LAST YEAR.
SO WE DO NOT ANTICIPATE THAT YOU WILL BE TWEAKING THOSE THIS YEAR.
YOU'RE GONNA WANT MORE EXPERIENCE TO SEE HOW THE RATES THAT WERE CHANGED, HOW THEY WORK, AND THEN MAYBE A YEAR FROM NOW YOU MAY SAY SOMETHING DIFFERENT, BUT THIS WOULD LET YOU SEE THEM.
AND THERE ARE FEW OTHER SMALL THINGS WE CAN DO IN THERE.
ON THE REVENUE SIDE, MOST OF YOUR WORK IS GONNA BE ON THE EXPENDITURE SIDE.
SO, SO WHEN I'M LOOKING AT THESE POSITIONS RIGHT NOW, MM-HMM,
AND I JUST, AND I'M JUST GONNA SAY I KNOW WE FOR THE, UM, FIRE AND RESCUE, OKAY.
LAST YEAR, YOU KNOW, WE REDUCED THE BUDGET FROM THE EDA BUDGET TO COVER THEIR, THEIR STAFF THAT WE, THE NEW STAFF THAT THEY HAVE NOW.
WE DIDN'T REDUCE THE EDA BUDGET.
WE DID ADD SIX POSITIONS FOR THE FORT SMITH STATION.
THAT WAS ON THE FIRST PAGE THERE.
THE CHANGE IN THE EDA BUDGET LAST YEAR WAS THAT MR, WE STOPPED FUNDING THE IT FEDERAL LOAN, BUT THAT WAS NOT BUDGETED INITIALLY IN 23.
THIS YEAR WE DID THIS YEAR, THIS YEAR, THIS YEAR.
WELL, THIS YEAR IT'S NOT IN THERE.
AND IT WASN'T IN THEIR BEGINNING OF 23.
SO THE OTHER LOANS ARE ESSENTIALLY THE SAME THIS YEAR AS THEY WERE LAST YEAR, RIGHT? WELL, LEGAL IS DOWN THIS, THIS YEAR.
WELL, AND, AND CORRECT ME IF I'M WRONG, SO THE BUDGET THAT WE APPROVED THIS YEAR, WE REDUCED THE EDA BUDGET BY, UM, UH, THE, UH, THE IT FEDERAL LOAN BY $500,000.
WE DID NOT GIVE $500,000 TO THE EDA THIS YEAR.
AND AS A RESULT THAT HELPED US OFFSET SOME OF THESE REVENUE, UH, THAT WE'RE LOOKING AT TODAY.
BUT THE 505 16, IS THAT RIGHT? I THINK MM-HMM.
UM, THAT WAS NOT INITIALLY IN THE COUNTY ALLOCATION TO THE EDA MM-HMM.
[00:55:01]
I UNDERSTAND.WELL, SO THOSE ARE THE KIND OF QUESTIONS THAT I, YOU KNOW, AND I'LL, WE'LL JUST GO THROUGH THE PROCESS.
BUT THESE ARE THE KIND OF THINGS THAT I, YOU KNOW, I'D LIKE TO GET, UM, YOU KNOW, UH, BE ABLE TO PUT, BE ABLE TO VOICE MY OPINION AND HOW WE CAN ALLOCATE SOME OF THESE, UM, RESOURCES, YOU KNOW, BECAUSE THERE ARE SOME OF THESE RESOURCES THAT ARE PART OF OUR OBJECTIVES.
AND SO I'M LOOKING FORWARD TO OUR ADVANCE TO SEE HOW THEY'RE ALL BEING RATED AND THEN WE'LL TAKE IT FROM THERE.
UM, AND SOME OF THEM, UM, WHAT YOU'RE TALKING ABOUT RE WE WILL RESULT IN SAVINGS THIS NEXT YEAR IN THIS BUDGET THAT YOU'RE WORKING ON NOW.
SO THEN THE LAST, UM, QUESTION I HAVE WITH THE, UH, THE SECOND PAGE, A POSITION CHANGE REQUESTS.
OH, CAN I GO THROUGH THE REST OF THE SURE, ABSOLUTELY.
NO, UM, WITH PLANNING AND ZONING, UM, IT, MR. WENDLING DID REQUEST A, UM, DEPUTY DIRECTOR POSITION, AND THIS WAS IN ANTICIPATION OF HIS UPCOMING RETIREMENT.
UM, IN DISCUSSING THAT POSITION WITH HIM, THEY DO NOT FORESEE THAT BEING A LONG-TERM POSITION, THAT BASICALLY THAT POSITION WOULD BASICALLY TRAIN ALONGSIDE, UM, AND THEN GO AWAY.
AHEAD OF TIME AND GIVEN THAT PERIOD.
UM, WE DID DO SOMETHING SIMILAR WITH THE, UM, ELECTIONS LAST YEAR WITH HAVING, BUT IT WAS A 30 DAY PERIOD.
A LITTLE DIFFERENT THAN A WHOLE BUDGET CYCLE.
WELL, DO WE HAVE A TIMELINE? UM, HE WILL BE RETIRING PROBABLY.
WELL, IT HAS CHANGED SEVERAL TIMES.
UM, BUT WE'RE ANTICIPATING AT LEAST MIDWAY THROUGH THE FISCAL YEAR, UM, BEFORE HE WOULD RETIRE.
UM, THE NEXT DEPARTMENT IS THE SHERIFF'S OFFICE.
SO WE ACTUALLY ADDED THESE POSITIONS ON HERE.
UM, THEY ARE NOT NEW POSITIONS.
THEY ARE THE APPROVED POSITIONS THAT WERE NOT FUNDED LAST FISCAL YEAR.
AND WE PUT THEM ON HERE JUST SO THAT WE CAN MENTALLY NOTE THAT WE ARE REQUESTING FUNDING FOR PRE-APPROVED POSITIONS.
UM, AND THEN THE LAST POSITION IS THE POSITION THAT MRS. MOORE REQUESTED REGARDING, UM, A PART-TIME PERSON IN ORDER TO AID WITH A REDACTION.
UM, GIVEN SOME OF THE LEGISLATIVE, UM, CHANGES THAT THEY'RE ANTICIPATING.
ANY OTHER QUESTIONS REGARDING THE NEW POSITIONS OR THE FUNDING FOR NEW POSITIONS? OKAY.
NOW WE'LL GO TO THE SECOND PAGE.
UM, WITH THIS, SO IT'S, THE REASON THAT WE HAVE FIVE MERIT INCREASES ON HERE AS OPPOSED TO ALL OF OUR EMPLOYEES IS BECAUSE THE REQUESTED INCREASE IS SOMETHING MORE THAN WE WOULD ANTICIPATE.
THE MAJORITY OF THEM ARE A 5% INCREASE REQUEST.
UM, THEREFORE WE LISTED THEM AS A SEPARATE INCREASE.
UM, AND THEN I WANNA SPEAK SPECIFICALLY TO THE CLERK OF THE COURT'S REQUEST.
SO MS. MOORE, LAST YEAR, UM, IN LOOKING AT HER STAFF AND ENSURING THAT THEY WERE ALIGNED PROPERLY, UM, SEVERAL OF HER STAFF MET THE GUIDELINES TO ACTUALLY BE PROMOTED INTO A DEPUTY THREE POSITION BASED OFF THEIR ROLES, UM, BASED OFF OF THE REQUEST, THEN IT WAS A 10% INCREASE FOR THAT PROMOTION.
WE DISCUSSED IT WITH MS. MOORE ABOUT, SINCE WE KNEW WE WERE PLANNING FOR A 5% INCREASE, THAT WE DID THE 5% COST OF LIVING, AND THEN A 5%, AND THEN IN FY 25, WE PLAN TO DO THE OTHER 5%, UM, FOR THE 10% INCREASE.
AND SO THAT IS WHY WE WANTED TO HAVE THESE FOUR SPECIFICALLY FOR THE REMAINING 5% OF THAT 10% INCREASE.
UM, WITH THE MAINTENANCE BUILDING AND GROUNDS POSITION, THIS IS AN EMPLOYEE WHO SERVES AS A BACKUP.
THEY'VE GOTTEN TRAINED AND WE REALIZE IN LOOKING AT THE POSITION WITH OTHER PEOPLE IN THAT SAME POSITION, HIS SALARY IS SIGNIFICANTLY LOWER.
SO IT WOULD BE A MARKET ADJUSTMENT.
UM, THIS IS APPROXIMATELY A LITTLE MORE THAN A DOLLAR 50 PER HOUR FOR THAT POSITION.
AND THEN I REALIZED THAT I LEFT A POSITION OFF OF HERE, SHERIFF KLEIN AND I HAD DISCUSSED IT EARLY ON, THERE IS SOME SIGNIFICANT PAY COMPRESSION IN THE SHERIFF'S DEPARTMENT, SPECIFICALLY BETWEEN THE MAJOR AND THE CAPTAIN'S POSITIONS.
SO WE DO FEEL IT'S IMPORTANT TO INCREASE THE MAJOR POSITION, UM, AT LEAST 5%.
UM, AND WE WOULD LIKE TO DO IT WITH FY 25.
SO IN JULY, ANY QUESTIONS REGARDING, IS, IS THAT POSITION ON NO, I FORGOT TO, UM, SEND IT TO MEGAN AND BY THE TIME
[01:00:01]
TODAY I WAS LIKE, MM.SO THIS 30 K THAT WE HAVE HERE, IT WOULD BE CLOSER TO 36,000, 36 K MM-HMM.
SO NEXT YEAR IT WOULD BE BUILT INTO THEIR SALARY.
SO EVERY, SO, UM, SO THIS, OUR BUDGET'S GONNA INCREASE ABOUT 36 K AND SOME MORE EVERY YEAR.
WELL, IT WOULDN'T, NO, IT WOULD BE BUILT IN AND THAT WOULD BE THE NEW SALARY.
SO IT'S NOT A BONUS, BUT IT WOULD NO, IT'S NOT, NO.
THESE ARE INCREASES WOULD BE THEIR NEW SALARY.
KINDA LIKE IF WE DID A 1% INCREASE, THAT WOULD BE THE NEW SALARIES GOING FORWARD.
SO WHEN I SAY REOCCURRING, IT'S, THIS IS NEW, NEW, NEW EXPENSE THAT WILL BE CONTINUED THROUGH THE LIFE OF THE CORRECT OF THE PERSON AT THE COUNTY, WHICH WILL, YOU KNOW, WILL BE, WE'RE HOPING IS VERY LONG.
YOU KNOW, AND SO THIS WOULD BE REVENUE THAT WE WILL BE UTILIZING, UTILIZING MM-HMM.
I THINK PEOPLE SHOULD GET WHAT THEY'RE MM-HMM.
UM, WE WERE LOOKING AT THE NUMBERS FOR IF WE WERE TO BUILD OUT A 1%, 2%, A TWO AND A HALF PERCENT, 3% OR 5% POOL, UM, FOR EITHER A COST OF LIVING OR A MERIT POOL.
UM, IF WE WERE TO BUDGET, AND I'LL BACK UP A LITTLE BIT.
THE STATE IS DISCUSSING DOING A 2% INCREASE IN TWO DIFFERENT INTERVALS THROUGHOUT THE YEAR.
SO FOR 1% INCREASE, IT'S ROUGHLY $242,000.
UM, FOR A 2% INCREASE, 484, A TWO AND A HALF.
AND THE REASON FOR THE TWO AND A HALF IS THAT WOULD BE A STEP WITHIN OUR PAY STRUCTURE WOULD BE 650 OR $605,000.
A 3% WOULD BE 726,000 AND A 5% WOULD BE A $1.21 MILLION INCREASE.
AND I CAN SEND YOU THOSE NUMBERS SO YOU HAVE THE EXACT NUMBERS AS WELL.
SO WHEN YOU HAVE THE BOX NEXT WEEK, THEY'LL BE
SO THAT YOU CAN, THERE'LL BE A LINE THAT SHOWS YOU WHEN WE'LL PROBABLY PUT THE LINE MAYBE AT 3% AND YOU CAN ADD OR SUBTRACT ACCORDINGLY.
WE PUT THAT IT'S LIKE, IT'S LIKE
ANY OTHER QUESTIONS REGARDING PERSONNEL? WHEN, WHEN WE LOOK AT ON NEXT WEEK, THE PRIORITIES AND THINGS? MM-HMM.
SO THE PRIORITIES ON ON THIS ARE NOT ETCHED IN GOLD RIGHT NOW.
YOU'RE ALLOWED TO CHANGE 'EM MANY TIME YOU WANT, BUT THOSE ARE WHAT YOU HAVE GIVEN US PRIOR TODAY.
AND, UM, YOU CAN ALWAYS GO BACK TO SOME SORT OF A WAITING SYSTEM AND RANK THEM AGAIN.
OR, UM, LOOK AT, SOME OF THEM ARE A LONG LIST OF ABOUT 13 AND A COUPLE OF THE OTHERS ARE SHORT LISTS, LIKE FIVE MM-HMM.
AND YOU MAY WANT TO LOOK, AND A COUPLE OF THE FIVES HAVE THINGS THAT ARE ALREADY UNDERWAY, SO YOU REALLY DON'T NEED THEM ON THERE.
I DON'T THINK YOU CAN REALISTICALLY, UH, AND BELIEVE THAT YOU HAVE ABOUT, UH, ABOUT 45 GOALS.
I THINK YOU, UH, WILL NEED TWO PRIORITIZE.
AND THESE ARE OTHER, UH, MAYBE 30 PROJECTS THAT YOU WANT TO SEE CONTINUED OR COMPLETED, BUT 15 ARE YOUR PRIORITIES APPROXIMATELY, UH, IN THERE THAT YOU'LL LOOK AT.
AND I THINK IT'S MORE LOOKING AT HOW YOU WANT TO DIVIDE THE WORK, WHAT YOU WANT TO DO, THEIR POINT OF CONTACT PERSON RESPONSIBLE ON EACH OF THESE PAGES IN HERE, UH, AND WHEN YOU ANTICIPATE IT AND SO FORTH.
AND I THINK THOSE ARE TWO OF THE BIG THINGS YOU'RE GONNA LOOK AT THAT YOU WANT TO DISCUSS.
AND THEN HOW THAT RELATES IN SOME CASES TO THE BUDGET DOCUMENT.
AT AT WHAT POINT SHOULD WE STOP CHANGING OUR, OUR RANKING? WELL, I THINK YOU'RE GONNA AS A GROUP NEXT WEEK, I THINK IF YOU'RE GONNA WANT TO LOOK AT THIS AND, AND IF SOMETHING IS OUT OF KILTER FROM WHAT YOU SAW A MONTH AGO MM-HMM.
BUT I DON'T THINK YOU WANT TO COME BACK EVERY
[01:05:01]
MONTH AND BE CHANGING YOUR RANKING.IF SOMETHING'S, IF SOME, ONE OF THE, PARTICULARLY ONE OF THE RED THINGS THAT YOU DIDN'T THINK OF RIGHT BEFORE AND THEN PUT IN HERE, YOU MAY WANNA MOVE UP.
AND THEN THERE'S ALWAYS THE TYRANNY OF THE URGENT.
SOMEBODY CALLS YOU UP AND WANTS SOME PROJECT RIGHT AWAY THAT JUST ABSOLUTELY MUST BE DONE.
OR THE COUNTY'S GONNA SINK INTO THE RIVER FOREVER AND YOU'VE GOTTA CHANGE ALL YOUR PRIORITIES TO GO DO WHATEVER THEY'VE COME UP WITH.
WELL, THAT'S NOT THE PURPOSE OF THIS EXERCISE.
SO WE WORKED ON THE PRIOR ADVANCE ON THE STRUCTURE.
THAT'S WHERE ALL THESE, THESE CATEGORIES CAME FROM.
SO, UM, JUST WANNA EMPHASIZE TO EVERYBODY ON THE BOARD TO TAKE A LOOK AT THAT SPREADSHEET SHE SENT BECAUSE, UH, THIS FRONT SHEET IS, IS AN ARTIFACT THAT'S NOT IN SYNC WITH THE BACK SHEETS.
SO THERE ARE ALL OF THE THINGS THAT WE DID IN OUR LAST ADVANCE ARE REPRESENTED ON THESE CATEGORIES.
SO ALL THESE SHEETS ARE DIFFERENT CATEGORIES.
UM, AND THE SHEET THAT JANE SENT OUT HAS COLUMNS FOR EACH SUPERVISOR TO PUT THEIR RATINGS.
SO, WELL, FOUR OF THEM HAVE DONE THAT, SIR, RIGHT? NO, NOT, NOT, NOT IN THE BREAKOUT.
SO I CAN, SO WITH THE BREAKOUT IT, I PULLED OVER THE FOUR AVERAGE, BUT THAT, SO AS I WAS LOOKING THROUGH THIS, I JUST WANNA POINT OUT THAT THERE'S A, A DISCONNECT BETWEEN THIS SHEET, RIGHT? THAT OLD SHEET WHERE EVERYBODY PUT A BUNCH OF EFFORT INTO RANKINGS.
AND THEN THERE'S A, A DISAGGREGATED BY CATEGORY LIST.
AND SO THOSE ARE NOT, UH, SOME PEOPLE MAY HAVE, BUT THE, THE POINT WAS FOR EVERYBODY, ALL OF YOU SUPERVISORS, TO LOOK AT THAT SHEET AND SEE THE TABS THAT HAVE THE ITEMS THAT WERE GROUPED THAT ARE LAST ADVANCE, AND THEN PUT THOSE RANKINGS IN THERE.
SO TO THE EXTENT THAT SOMETHING WAS CARRIED OVER FROM A PRIOR SHEET OR SOMETHING LIKE THAT, I JUST WANNA CAUTION THAT YOU ALL HAVE AN OPPORTUNITY TO RANK THOSE THINGS THAT WERE PUT INTO SPECIFIC, SPECIFIC CATEGORIES OF THE LAST ADVANCE.
SO THEN WE WILL, UM, AND, AND THEN THAT SHOULD BE DONE WEDNESDAY, ADVANCE WEDNESDAY.
WE CAN SEND IT OUT TO, YOU'LL SEND IT OUT ADVANCE TOMORROW.
AND YOU CAN RERAN, YOU JUST DID SEND THAT OUT, RIGHT? SO WHEN YOUR BREAKOUTS, YOU'LL SEE ADDITIONAL RED ITEMS. NONE OF THOSE RED ITEMS OR NOT ALL OF THE RED ITEMS ARE IN THE DOCUMENT I SENT OUT.
UM, SO WE'LL SEND A DOCUMENT OUT TOMORROW THAT HAS EVERYTHING IN THERE.
THAT WAY WE DO GET EVERYTHING THAT WAS IN RED ACTUALLY RANKED.
WE'LL TAKE THEM OUT THE RANKINGS OUT AND WE'LL PROVIDE THE COLUMN.
WE'LL PROVIDE THE COLUMN FOR YOU TO LOOK AT IT AND YOU CAN RE-RANK 'EM.
IF YOU SEND THEM BACK FOR, FOR US ON MONDAY, WE WILL HAVE THEM FOR YOU TUESDAY NIGHT.
WELL, YOU CAN KEEP MY RANKING 'CAUSE I'M NOT CHANGING MINE.
I THINK I DID, BUT I'LL DOUBLE CHECK.
AND JUST TO MAKE SURE THAT WE'RE ALL ON THE SAME PAGE, YOU'RE SAYING TUESDAY.
IF YOU SEND THEM, WE'LL HAVE THEM READY FOR YOU SO THAT WE'LL SEND THEM BACK TO YOU AND YOU'LL HAVE THEM WEDNESDAY NIGHT.
UM, AND THE ONLY REASON I BRING THIS UP, UM, AND I'M LOOKING AT, UM, IT'S NOT PAGE NUMBER, BUT VALUE OF THE COUNTY'S WORKFORCE.
I NEED TO BE AWARE OF THE SURROUNDING AREAS, THE VERY CLOSE SURROUNDING AREAS.
SO I JUST THINK IT'S A CONVERSATION THAT NEEDS TO BE HAD.
WHAT WE DO WITH IT, I DON'T KNOW, UM, BECAUSE WE'VE SEEN A LOT OF HIGH NUMBERS.
BUT WHEN YOU LOOK AT THE CLOSE PROXIMITY, SIGNIFICANT INCREASE IN SALARY.
AND I THINK THAT'S VERY IMPORTANT, BUT I WOULDN'T GO TOO FAR IN YOUR THINKING, WHAT YOU'RE GONNA DO WITH THIS BEFORE YOU HEAR FROM YOUR FRIENDLY LOCAL SCHOOL BOARD.
WELL, THEY'RE YOUR BIG, THEY'RE YOUR BIGGEST PLAYER IN THE BUDGET.
OH, THANK YOU FOR, FOR BRINGING THAT UP SO FAR.
THEY'RE NOT TELLING MR. JAMESON AND MR. SO WHAT BUTLER ANYTHING ABOUT THE BUDGET? BECAUSE LAST YEAR, WHAT DID WE GIVE THEM? 28 MILLION.
WHAT WAS THAT? LAST YEAR'S? 28.6.
BUT THAT, THAT'S, THAT'S THEIR REGULAR ALLOCATION THAT YEAH.
[01:10:01]
SO THAT'S, SO THIS YEAR COULD BE 30 MILLION.WELL, THEY CAN ASK FOR IT JUST LIKE EVERYBODY ELSE.
COMPARED WITH PUBLIC SAFETY, BEING THE SHERIFF'S OFFICE AND FIRE AND RESCUE AND WHAT YOU DO WITH THAT AND SOME OF THE OTHER INITIATIVES THAT YOU HAVE IN HERE, RIGHT? MM-HMM.
UM, I WILL REPEAT AGAIN THAT THERE WILL BE SOME CHANGES IN THE REVENUE.
YOU WILL NOT BE SEEN, UM, THE ADDITIONAL RECOVERIES FROM THE EDA THAT YOU ARE RECE, THAT YOU BUDGETED AND ARE RECEIVING THIS YEAR.
BECAUSE ONCE THE PROPERTIES ARE SOLD, THEN THEY'RE GONE.
AND AT THE SAME TIME, YOU WILL HAVE YOUR LEGAL COSTS GO DOWN BECAUSE THERE'S NOBODY ELSE FOR THEM TO SUE
SO THERE'S NOBODY FOR THEM TO FOOL AROUND WITH AND IT'S GONNA SAVE YOU SOME MONEY.
WELL, I'M LOOKING FORWARD TO THAT
YOU'VE GOT YOUR BIG, YOUR BIG UNKNOWN IN SCHOOLS.
AND YOU NEED $800,000 INCREASE FOR YOUR JAIL.
AND THAT IS IN THERE, THOUGH I THINK THE BOARD MAY NOT BE AWARE OF THE SALARY INCREASE WHERE IT COMES TO, UM, LAW ENFORCEMENT.
SO THAT IS WHAT EVERYBODY WOULD BE AWARE OF THAT MM-HMM.
BECAUSE THAT IS, THAT IS A POTENTIAL ISSUE FOR US.
NOW WHETHER WE, YOU KNOW WHAT WE DO THAT WE DECIDE FIVE MM-HMM.
BUT I THINK EVERYBODY NEEDS TO BE EQUALLY INFORMED.
AND I, I DON'T KNOW THAT ANYONE ELSE HAS HAD THAT CONVERSATION WITH THE SHERIFF.
AND I THINK IT'S A CONVERSATION YOU EACH NEED TO HAVE AND BE AWARE OF.
AND THAT'S THE ONLY POINT I'M BRINGING UP.
I REALIZE ALL OF THESE ARE BIG TICKET ITEMS. ALL OF THEM ARE, YOU KNOW, YOU KNOW, WE CAN VALIDATE EVERY REQUEST PRACTICALLY MM-HMM.
BUT YOU HAVE TO LOOK AT THE BIG PICTURE OF BALANCING, YOU KNOW, AND LIKE I SAID, IT'S UM, YOU KNOW, WE'VE BEEN HAVING A HARD ENOUGH TIME WITH RETENTION.
I JUST DON'T WANT IT TO BE OVERLOOKED.
AND THEN EVERYBODY SAY, I WISH I HAD KNOWN MM-HMM.
SO THAT'S ALL I'M TRYING TO DO IS SPEAK TO EVERYBODY.
WELL, AND THAT'S WHAT MR. MARCH TOLD YOU ABOUT THE SOCIAL SERVICES.
AND THAT'S, SO THIS IS, UH, KEEPING UP WITH THE JONESES IS A BIG, IS A BIG ISSUE.
PARTICULARLY WHEN THE JONESES HAVE ALL THAT MONEY IN NORTHERN VIRGINIA,
THEY GO, WHAT'S THAT SAYING? YOU HAVE A CHAMPAGNE BUDGET, A CHAMPAGNE TASTE ON A BEER BUDGET OR SOMETHING LIKE THAT,
WE JUST GOTTA BE AWARE OF THAT.
BUT THEN THOUGH, RECOGNIZING, UH, MADAM CHAIR'S, UM, COMMENT.
AND, AND THAT'S THE IMPORTANCE OF WHAT, OF US RANKING AND PRIORITIZING, UM, THIS, UH, OUR EXERCISE SO WE CAN FOCUS ON WHAT IS IMPORTANT, YOU KNOW, AND WHAT WE WANNA FUND.
AND, AND SO, UM, I JUST WANNA ACKNOWLEDGE THAT.
AND, AND WE JUST LOOK, JUST GOTTA MAKE SURE WE INCLUDE THE PRIORITIES.
AND THAT'S WHY I WAS ASKING IN THE, UM, IN THE ADVANCE THAT'S JUST CROPPED UP.
YOU CAN ADD ANYTHING ON THERE THAT YOU WANT.
I THINK WE SHOULD GO INTO THIS ADVANCE WITH OUR FINAL, YOU KNOW, WE SHOULD COME OUTTA THAT WEDNESDAY MEETING WITH AGREE.
THAT'S WHY I WANT INFORMED HEAD.
I THINK EVERYBODY MAY KNOW I'VE BEEN VERY LIKE, RETICENT TO RANK ANYTHING UP TO NOW.
I MEAN, I WANT, I DIDN'T WANT TO JUMP ON IT EARLY.
[D. Discussion - Capital Improvement Plan (CIP) - Jane Meadows, Deputy County Administrator ]
FOR ME TO MOVE ON TO CAPITALSO THEN, THEN THIS SECTION WILL BE VERY MUCH TIED TO YOUR GOALS.
UM, AND IF YOU GO INTO CLEAR GOV, YOU'LL NOTICE THAT, UM, THERE IS A SEPARATE FUND, THE CAPITAL IMPROVEMENT FUND.
UM, THIS IS SEPARATE FROM THE GENERAL FUND.
UM, SO I'M GOING TO TOUCH ON A BRIEF OVERVIEW OF THE PROJECTS.
UM, THE DESCRIPTION AND MUCH MORE DETAIL IS INCLUDED WITH THE PROJECTS EXCEPT FOR THE SCHOOLS.
I DO NOT HAVE ADDITIONAL INFORMATION FOR THEIR PROJECTS.
SO I'M ASSUMING WHEN YOU ALL GO THROUGH THEIR BUDGET, THEY WILL MENTION AND GO INTO A LITTLE GREATER DETAIL.
UM, SO WITH, AND I'LL GO THROUGH THE SCHOOL PROJECTS FIRST.
UM, CURRENTLY THEY HAVE, UH, HVAC FOR THE BLUE RIDGE TECHNICAL CENTER.
UM, AND THAT WOULD BE $750,000.
[01:15:01]
UM, FOR E WILSON.THE CONTINUED, UM, RENOVATION FOR THE, UM, JIM, THAT EDITION, IT IS 1.5 MILLION.
I'M SORRY, JIM, WHERE ARE YOU? WHATCHA ARE YOU LOOKING AT? IF YOU, IF YOU GO, YOU'RE GONNA HAVE TO GO INTO CLEAR GOV.
AND YOU'LL NEED TO GO INTO THE CAPITAL IMPROVEMENT FUND.
SO THAT'S NOT WHAT YOU'RE TALKING ABOUT.
AND WE DON'T KNOW WHAT THEY'RE GONNA BRING ON THE 12TH.
THEY MAY BRING YOU SOME DIFFERENT, DO YOU HAVE THE ONE FOR SCHOOLS? NO.
SO NO, BUT IT IS IN CLEAR GOV.
SORRY, I WAS GONNA SAY THAT NUMBER FOR RIGHT.
UM, I HAVE NOT GOTTEN AN UPDATE FOR 25.
SO YOUR NUMBERS WHEN YOU MEET WITH THEM WILL PROBABLY BE COMPLETELY DIFFERENT.
SO I THINK, I THINK THEY DID LESS THAN THREE, RIGHT? MM-HMM.
THAT HAS BEEN EARMARKED AND APPROVED BY THE BOARD FOR SCHOOL'S CAPITAL AT 4 MILLION OF THAT WAS ORIGINALLY EARMARKED FOR LFK.
THEY WILL NOT NEED IT ALL, BUT THEY ANTICIPATE THAT THEY WILL BE USING IT FOR OTHER PROJECTS SUCH AS THIS AND THAT IF THEY GET, UH, EXAMPLE, IF THEY GET E WILSON AT 300,000 INSTEAD OF 750,000, THEY ANTICIPATE THAT THAT 450,000 HAS BEEN ALLOCATED TO SCHOOL'S CAPITAL AND WILL THERE GO TO THE NEXT PROJECT ON THEIR LIST.
EXAMPLE BEING THE TENNIS COURTS, UH, IS SOMETHING THAT THEY'VE BEEN TALKING ABOUT THAT THEY WANT TO DO.
SO THAT 5.2 THEY ANTICIPATE IS WHAT THEY HAVE TO WORK WITH FOR THEIR CAPITAL.
AND THAT'S BECAUSE IT HAS BEEN ALLOCATED AT VARIOUS TIMES, INCLUDING IN THE OLD SPECIAL PROJECTS FUND TWO SCHOOLS CAPITAL.
AND WHEN MATT WAS HERE, HE ROUNDED ALL THAT UP AND THE SCHOOL'S CAPITAL CAME TOGETHER WITH THE OTHER PROJECTS.
AND WE ALLOCATED IT TO LFK, CORRECT.
AND THERE'S A THIRD PROJECT IN THERE THAT WE ALLOCATED MONEY TO LAST YEAR.
AND THOSE TOTAL APPROXIMATELY 5.2 MILLION.
SO THAT'S WHAT THEY ANTICIPATE THEY HAVE TO WORK WITH UNTIL YOU PUT MORE MONEY IN THE BUCKET.
SO THEY ALSO HAVE, FOR HILDA J UM, REPLACING THE SHINGLES ON THE ROOF, UM, THAT IS CURRENTLY BUDGETED $366,000.
AND THEN FOR THE TENNIS COURTS, AND THEY'VE ACTUALLY ASKED FOR THE FUNDING TO START GOING TOWARDS THAT THIS YEAR.
AND FOR 25, UM, THEY'RE REQUESTING $640,000.
UM, SO THE, THOSE ARE THE SCHOOL PROJECTS FOR THE OTHER PROJECTS.
UM, WE HAVE FOR PUBLIC SAFETY, IT IS A SOFTWARE SYSTEM.
SO MOTOROLA HAS A, IS A COMPUTER AIDED DISPATCH AND RECORDS MANAGEMENT SOFTWARE SYSTEM.
UM, THIS WOULD BE $1.44 MILLION.
UM, AND THAT IS SOMETHING THAT WE ARE LOOKING AT ALTERNATE POSSIBILITIES REGARDING FUNDING AND, UM, PAYING FOR SOMETHING AS EXPANSIVE AS THAT.
I BELIEVE, UM, THE COMMONWEALTH'S ATTORNEY SPOKE DURING HIS MEETING OR HIS AGENDA DISCUSSION AS WELL AS SHERIFF KLEIN, UM, REGARDING THE EASE OF THE SYSTEM THAT'S, THAT HE'S USING WITH THE TOWN AND THE CHALLENGES THAT THEY'RE HAVING WITH THE CURRENT SYSTEM THAT THE COUNTY HAS.
SO IT IS A DEFINITE NEED AND WE REALIZE THAT IT IS A HUGE ASK.
UM, IF YOU HAVE QUESTIONS REGARDING THAT, WE DO HAVE SHERIFF KLINE HERE AND SHE WOULD BE ABLE TO SPEAK TO IT.
UM, ANY QUESTIONS REGARDING THAT PROJECT AT THIS TIME? 1.1.
THE RECORDS MANAGEMENT AND SOFTWARE? YES.
IS THAT WHAT YOU'RE REFERRING TO? MM-HMM.
THE NEXT LINE ITEM IS FOR FIRE STATION ENHANCEMENTS.
UM, AND THIS IS $150,000 REQUEST, AND IT'S TO
[01:20:01]
CONTINUE WITH SAFETY ENHANCEMENTS AND STATIONS REALLY BASED OFF OF A RISING NEEDS.UM, SO WE KNOW THINGS ARE GONNA COME UP AND WE WANNA MAKE SURE THAT THE FUNDS ARE ALLOCATED SO THEY CAN ADDRESS IT WHEN IT DOES COME UP.
THE FOLLOWING REQUEST IS THE CANCER PREVENTION MEASURES.
SO WE ARE CURRENTLY WORKING ON INSTALLING THE CLIMB EVENT SYSTEMS IN SEVERAL OF OUR STATIONS.
THERE ARE SOME STATIONS THAT DO NOT CURRENTLY HAVE THEM.
UM, AND WE'RE NOT ABLE TO INSTALL THOSE.
SO WHAT WE ARE LOOKING AT IS ADDITIONAL, UM, BASICALLY WASHER AND DRYERS FOR THEIR GEAR.
UM, AND THEN ALSO AN ADDITIONAL, UM, FUNDING FOR SECONDARY CER SETS OF TURNOUT GEAR SO THEY DON'T HAVE JUST ONE SET OF GEAR.
UM, AND THIS IS SOMETHING THAT IS INDUSTRY STANDARD WHEN IT COMES TO CANCER PREVENTION.
UM, ANY QUESTIONS REGARDING THAT? IS THAT A TOTAL OF 250, $250,000 IN THE LAST COLUMN? RIGHT.
BECAUSE IT'S A CONTINUAL, UM, BUT EVERY YEAR IT'S A DIFFERENT PROJECT FOR THE FUNDING.
UM, THE NEXT PROJECT IS THE NORTH WARREN FIRE STATION REMODEL.
UM, CURRENTLY ALL, I'M NOT SURE IF ANY OF YOU HAVE HAD A, A TOUR OF THE NORTH WARREN FIRE STATION.
IF YOU GO THROUGH THE LIVING QUARTERS, THE MAJORITY OF THEM ARE DONATED FROM PEOPLE'S HOME REMODELS.
SO THEY ARE, UM, SECOND AND THIRD HAND ITEMS THAT HAVE DEFINITELY SEEN BETTER DAYS.
UM, SO WE DO FEEL THAT THE A HUNDRED THOUSAND DOLLARS WOULD REALLY UPGRADE THE LIVING SPACE FOR THE FIREFIGHTERS IN THAT STATION, UM, TO REALLY BRING IT FROM A RESIDENTIAL TO A COMMERCIAL SPACE.
UM, NEXT, THE ESH TRAINING CENTER, $780,000, AND THIS WOULD BE IN ORDER TO CREATE A LIVE FIRE TRAINING AND USAGE FACILITY.
STILL LOOKING AT GOING, THERE'S BEEN DISCUSSION, BUT IF WE DO GO REGIONAL, WE WOULD NEED TO HAVE THE FUNDING, AND THAT'S WHERE WE WANNA MAKE SURE THAT WE BASICALLY SET UP AND SET ASIDE FUNDING FOR IT.
SO WHATEVER WE DECIDE, I, I WAS UNDER THE DEPRESSION TWO YEARS AGO.
THAT WASN'T A PRIORITY TWO YEARS AGO THAT IT WAS OR WAS NOT A PRIORITY? WAS NOT A PRIORITY.
JUST WELL, IT'S, IF YOU DON'T ASK FOR IT, YOU WON'T GET IT.
IF YOU DON'T ASK, WE KNOW THE ANSWERS.
NO, THERE'S THAT CAMPAIGN TASTE AGAIN, RIGHT? NO.
UM, BUT YES, IF YOU DON'T ASK THE ANSWER'S ALREADY, NO.
SO, UM, SOCIAL SERVICES IS REQUESTING $50,000 TO REDESIGN THE FRONT DESK.
THIS IS FOR EFFICIENCY AND ALSO ADDITIONAL PRIVACY WHEN THEY'RE INTERACTING WITH, UM, CLIENTS.
UM, I'M NOT SURE IF YOU'VE GONE INTO SOCIAL SERVICES, BUT THEY'RE HAVING CONVERSATIONS WITH PEOPLE IN THE LOBBY.
UM, SO IT CREATES A LITTLE MORE WORK AROUND BECAUSE THE PEOPLE WHO ARE BEHIND THE OFFICE ARE ACTUALLY DOING ADDITIONAL WORK.
AND SO IT CREATES SOME MORE PROFESSIONAL WORK ENVIRONMENT.
UM, THE NEXT PRO PROJECT, THE ROCKLAND PARK ATHLETIC FIELDS, UM, THIS IS 646 THOU, OR YEAH, THOUSAND DOLLARS.
SO THIS IS PART OF A GRANT REQUEST.
SO WE HAVE BEEN WORKING WITH, UM, DCR IN ORDER TO, IT'S A MATCHING GRANT.
SO THEY CURRENTLY HAVE UP TO THREE, $3 MILLION.
WHAT WE HAVE BUDGETED FOR THE PROJECT WOULD BE CLOSE TO 1.9 ON THE COUNTY SIDE AND 1.9 ON THEIR SIDE.
UM, IT WOULD BE SPLIT OUT OVER THREE YEARS, WHICH WOULD BE THE 600 AND ALMOST $50,000 EACH YEAR.
OF THOSE THREE YEARS, WE WOULD BE ABLE TO, UM, UTILIZE IN KIND.
UM, SO IF WE'RE USING ANY OF OUR CURRENT STAFF, WE CAN BILL THEIR SALARIES TOWARDS THAT AMOUNT.
HOWEVER, I DON'T BELIEVE IT WILL GET ANYWHERE CLOSE TO $600,000.
UM, BUT THIS IS A GRANT THAT WAS INITIALLY FILED FOR IN 2022.
WE WOULD LIKE TO MOVE THE PROJECT FORWARD.
HOWEVER, IT IS A SIGNIFICANT ASK.
WHAT, HOW LONG IS IT AVAILABLE FOR? UM, SO WE WOULD HAVE TO MAKE A DECISION BY JULY OF THIS YEAR AS TO WHETHER OR NOT WE WANNA MOVE FORWARD WITH THE GRANT.
SO THIS, UH, THE ROCKLAND PARK, UH, FOR THIS PROJECT.
SO WHAT FIELDS IS THIS LIKE A SOFTBALL FIELD, SOCKET FIELD? WHAT, WHAT IS ALL OF THIS? IF YOU GO TO THE PARK, IT'S THE FIELDS IN BETWEEN THE CHURCH AND THE CURRENT, UM, FRISBEE, GOLF AND BASKETBALL
[01:25:01]
COURTS.I THINK A TO IN, UH, INITIALLY SOFTBALL FIELDS.
UM, BECAUSE IN THE COUNTY, WE DON'T HAVE SOFTBALL FIELDS THAT ARE EXTENSIVE OTHER THAN AT CHIMNEY.
WELL, I KNOW THERE'S A ROCKLAND PLAN.
I DON'T KNOW HOW OLD IT IS, BUT, BUT I, I BELIEVE THAT PLAN IS STILL IN PLACE.
THAT WE ARE STILL FOLLOWING IT.
AND PART OF THAT PLAN IS HAVING THESE FIELDS, RIGHT? CORRECT.
IN ADDITION, IT ALSO INVOLVES AN UPGRADE, UM, AND REMODEL TO THE HOUSE AND THE BARN.
AND THAT IS ALL INCLUDED INTO THE GRANT, UM, SUBMISSION.
SO INTERRUPT FOR JUST A SECOND.
IF YOU GO BACK TO WHAT YOU'RE GONNA DO NEXT WEDNESDAY, YOU PUT ON YOUR LIST TO PRIVATIZE THE HOUSE AND THE BAR.
AND IF YOU PRIORITIZE IT AND PRIVATIZE IT THERE, THEN YOU DON'T HAVE TO SPEND THE GRANT MONEY ON IT.
WE'VE BEEN FOOLING WITH THIS GRANT FOR OVER THREE YEARS NOW, SO I'M SURE IT'LL CONTINUE ON IN ONE FORM OR ANOTHER THAT WE CAN BE LOOKING AT.
IT KEEPS GOING AROUND IN A CIRCLE UP THERE IN THE STATE, AND THEN IT GOT APPROVED BY THE STATE AND WENT TO THE FEDS.
AND THE FEDS LIKE IT, BUT THEY SEND IT BACK TO THE STATE.
IT'S KINDA LIKE TRYING TO DO SOMETHING WITH THE AD TECHS PROPERTY.
EVERYBODY LIKES IT, BUT THEY JUST MOVE IT AROUND ON YOU, SO YOU CAN'T DO ANYTHING
BUT WHEN YOU LOOK AT YOUR PRIORITIES, IT'S GONNA BE, THAT'S, UH, $600,000.
THAT'S, UH, THAT COVERS DEPUTIES AND FIREFIGHTERS.
SO YOU WILL HAVE TO DECIDE WHAT YOU'RE GONNA DO THERE.
THE NEXT PROJECT, IT'S A HUNDRED THOUSAND DOLLARS TOWARDS THE FANTASY LAND REBUILD.
AND THIS HAS BEEN A PROJECT THAT HAS BEEN DISCUSSED AND KIND OF PUT ON THE BACK BURNER.
UM, IT WOULD BE A MULTI-YEAR PROJECT.
UM, WE'RE LOOKING AT PROBABLY $300,000 FROM THE COUNTY BY THE END OF THIS PROJECT.
UM, THE REPLASTERING OF THE COUNTY POOL, $190,000 IS BE BEING REQUESTED FOR THIS.
I WOULD LIKE TO NOTE THAT THE COUNTY POOL DOES BRING IN INCOME FOR THE COUNTY.
UM, THE NEXT PROJECT IS THE HEALTH AND HUMAN SERVICES.
WHERE IS THAT ON HERE? ARE THEY ON THE TRACK? IT'S ON THE BACK TO PARAGRAPH, SORRY.
UM, THE HEALTH AND HUMAN SERVICES TRACK RENOVATION CURRENTLY, IF ANY OF YOU HAVE BEEN TO THE TRACK, YOU'LL SEE THERE ARE SIGNIFICANT CRACKS, PROBABLY ABOUT AN INCH TO TWO INCHES WIDE, DEPENDING ON WHERE YOU'RE AT ON THE TRACK.
UM, THIS WOULD BE A COMPLETE REPLACEMENT OF THE TRACK.
IT WOULD BE ROUGHLY A HUNDRED AND, UM, $17,000.
UM, AND THE TRACK IS IN CIRCLES, THE FIELDS THAT ARE USED FOR VARIOUS GROUPS.
HOWEVER, UM, THE TRACK ITSELF IS TYPICALLY USED FOR PRIVATE CITIZENS TO WALK, AND THEN WHEN WE HAVE EVENTS, UM, AND THE FINAL, UM, PROJECT IS THE SAMUEL'S LIBRARY, UM, CARPET INSTALLATION.
SO THIS WOULD BE $85,000, UM, IN ORDER TO REPLACE THE CARPET AT EACH OF THE SERVICE DESKS.
ANY QUESTIONS REGARDING THE PROJECTS? YEAH, I HAVE A FEW.
SO, UM, SO THIS POT OF MONEY MM-HMM.
IS IT A, IS IT REVENUE THAT IS, THAT IS BEING REOCCURRED OR IS THIS BUDGET AS A RESULT OF DEPARTMENTS, YOU KNOW, SURPLUSES, YOU KNOW, PRIOR YEAR.
SO I, SO SOME OF THE PROJECTS, UM, SUCH AS FANTASY LAND, THE ROCKLAND, THOSE WOULD BE MULTIPLE YEARS.
MOST OF THEM ARE TWO TO THREE YEARS.
UM, BUT ALMOST ALL OF THE REST, IT'S A ONE AND DONE.
SO THE MONEY COMES FROM, EXCUSE ME, BUT I THINK THE QUESTION, THE MONEY COMES FROM YOUR GENERAL FUND.
SO THERE'S NO MONEY OF SIGNIFICANCE OVER HERE IN CAPITAL MM-HMM.
IT WOULD BE $5 MILLION FROM THE OPERATING FUND WHEN YOU RAISE YOUR RENT, WHEN YOU SET YOUR TAX RATE, YOU INCLUDE WHATEVER YOU'RE GOING TO DO HERE.
SO IF I LOOK AT THE $780,000 MM-HMM.
[01:30:01]
AND LET'S SAY WE USE THAT TO HELP THE SHERIFF'S, UM, UH, SALARY INCREASES, THAT'S NOT GONNA DECREMENT US IN THE NEXT FOLLOW ON YEARS, WE WILL STILL CONTINUE TO BE ABLE TO FUND THE FOLLOW ON YEARS WITH THE INCREASES, WITH THE, WELL, THERE'LL BE, AS YOU SAID BEFORE, MM-HMM.AND THE SAME WITH SALARY INCREASES.
UH, WE ASSIST THE SHERIFF'S OFFICE, SOCIAL SERVICES, ET CETERA.
IF WE PUT, UH, 10%, THEN NEXT YEAR THE BASELINE IS 110.
I JUST WANNA MAKE SURE THAT OUR REVENUE THAT COMES IN IS, IS GONNA BE COVERING THESE.
YOU'RE GONNA HAVE TO, YOU'RE GONNA HAVE TO BE LOOKING A YEAR FROM NOW, YOU'RE GOING TO LOOK AT WHERE YOUR REVENUE IS AND YOU'RE GONNA HAVE THIS SAME EXERCISE.
TO BE ABLE TO SAY, WE NEED THE BOXES THIS BIG.
NOW I UNDERSTAND IT'S 110 OF WHAT IT WAS THIS YEAR.
SO NOW WE HAVE TO GENERATE 110 MM-HMM.
SO IT, IT, IT, THEY, THEY BUILD, AS YOU SAID, EACH YEAR WHEN YOU, UH, THE SALARIES.
WELL, I JUST WANNA MAKE SURE THAT ANY, ANY INCREASES WITH OUR PERSONNEL IS THAT WE'RE NOT GONNA LOSE IT IN THE NEXT FOLLOW ONE YEAR.
IT'S JUST GONNA, THEY'RE GONNA STAY AND WE'RE NOT GONNA TAKE IT BACK.
AND THAT'S WHY I WANNA MAKE SURE.
WE'RE GONNA HAVE TO RAISE IT, WE'RE GONNA HAVE TO HAVE TO RAISE IT.
UM, THE, UH, GOING TO THE, LET ME SEE, I'M LOOKING ON THE SPREADSHEET THAT WAS ATTACHED.
SO LET ME KNOW IF I'M MISSING SOMETHING.
I SEE THAT THE RECORDS MANAGEMENT AND SOFTWARE CAD, BUT I DON'T SEE THE, UM, THE VEHICLES CORRECT BECAUSE MS. SCOTT WILL DISCUSS THAT DURING ASSET REPLACEMENT THAT'S IN YOUR BUCKET.
I HAVEN'T HAD THE ALYSSA SHOW YET.
SO, UH, B THAT, YEP, THAT'S ALL I HAVE.
ANY OTHER QUESTIONS? UM, MM-HMM.
CAN'T WE TAKE ALL TRANSPORTATION FACILITY? YES.
THIS IS BECAUSE IT'S A FIVE YEAR PLAN.
SO IT HAS OLD PROJECTS ON THERE.
WE CAN REMOVE THOSE FOR ON THE SHEET.
BECAUSE THAT'S THE ONE YOU'RE GONNA BE FUNDING NEXT YEAR.
EVERYTHING THAT'S EAST OR WEST OF THAT IS FOR ANOTHER BUDGET.
UM, BECAUSE YEAH, I SAW SEVERAL THINGS THAT, AND NOT THAT THERE'S MONEY BLUE LINE, BUT WHAT IS SUITE FOUR FOR RECONFIGURATION? I BELIEVE, UM, I WAS BUILDING INSPECTION FROM RAY, UM, UPDATING LAST YEAR.
I JUST WASN'T, YOU KNOW, PAYING ATTENTION TO NUMBERS, ANYTHING.
ANY OTHER QUESTIONS? THANK YOU.
[E. Discussion - Asset Replacement - Alisa Scott, Finance Director]
WE'LL MOVE ON TO THANK YOU, MA'AM.THIS IS THE PRESENTATION FOR OUR ASSET REPLACEMENT FUND.
FOLLOWING UP FROM THE CAPITAL IMPROVEMENT FUND REQUEST.
ALL OF THESE REQUESTS LISTED IN THE BLUE ARE ALL ITEMS THAT THE DEPARTMENTS HAVE COME FORWARD WITH THEIR DEPARTMENTAL REQUESTS AND ALSO PROVIDED JUSTIFICATION FOR ANY ASSETS THAT THEY NEED TO PURCHASE THIS YEAR OR IN SUBSEQUENT YEARS.
SO THE BLUE ITEMS ARE ITEMS THAT ARE REQUESTED THIS FISCAL YEAR.
AND AS DESIGNED, THE ASSET REPLACEMENT PROGRAM IS TO BUILD UP OVER TIME FOR A LARGER PURCHASE.
SO THE FIRST VEHICLE REPLACEMENT WE HAVE FOR THE GENERAL GOVERNMENT IS $35,000.
[01:35:01]
THIS WAS FOR BUILDING INSPECTIONS.THERE'S THE INFORMATION TECHNOLOGY REQUESTS.
SO EACH OF THOSE HAS BEEN PROVIDED BY MR. JONES WITH HIS DEPARTMENTAL REQUEST.
UH, THE REGISTRAR PROVIDED YOU WITH JUSTIFICATION FOR THE ELECTIONS EQUIPMENT THAT HE NEEDS TO HAVE UPGRADED, AS WELL AS THE SHERIFF'S OFFICE VEHICLE REPLACEMENTS, POLICE EQUIPMENT, AND THE E 9 1 1, UH, COMMUNICATIONS, FIRE AND RESCUE.
THIS IS ONE ALSO WHERE THE LARGER PURCHASE, WHEN WE GET THE, UH, FIRE TRUCKS OR AERIAL TRUCKS DELIVERED IN FISCAL YEAR 28 EACH YEAR.
UNTIL THEN, MONEY HAS BEEN PUT INTO THIS ACCOUNT FOR A SPEND IN, IN FISCAL YEAR 2028.
SO THIS INCLUDES THE AERIAL TRUCK AND AS WELL AS A SUBURBAN REPLACEMENT AND THE EQUIPMENT ASSOCIATED WITH THAT VEHICLE PURCHASE AND THE EQUIPMENT FOR FIRE AND RESCUE.
COST RECOVERY, YOU HAVE, UM, MEDTRONICS, THAT'S MACHINERY AND EQUIPMENT.
AND THEN BELOW THAT IS A NEW EMS, UH, AMBULANCE UNIT.
AND PUBLIC WORKS HAS A REQUEST FOR $75,000 AND THEN $25,000 FOR THE GOLF COURSE.
SO THE TRANSFER FROM OTHER FUNDS IS THE REVENUE THAT'S GOING TO BE COMING INTO THE ASSET REPLACEMENT PROGRAM FROM A COMBINATION OF COST RECOVERY REVENUE FOR THE EMS UNIT PLUS FOR THE FIRE TRUCK THAT IS CURRENTLY, UM, BEING, UH, PUT TOGETHER FOR SOUTH WARREN.
THE CONTRIBUTION TO THE SOUTH WARREN VOLUNTEER FIRE STATION IS ADDED TO THAT AS WELL.
SO THIS COVERS FISCAL YEAR 25 THROUGH FISCAL YEAR 29.
AND THE TOTAL IS ALL THE WAY ON THE RIGHT HAND SIDE.
THIS REQUEST DOES NOT INCLUDE ANY PREVIOUS REQUESTS THAT HAVE BEEN APPROVED OR ANY CARRYOVER PROJECTS THAT YOU'VE SEEN PRESENTED.
IT'S A LITTLE BIT MORE THAN HALFWAY THROUGH THIS YEAR, SO I'M NOT QUITE SURE WHAT THE SPEND IS GOING TO BE UNTIL THE END OF THE YEAR.
ONCE WE GET CLOSER TO THE END OF THE YEAR, I CAN CERTAINLY PROVIDE YOU WITH AN UPDATE ON HOW MUCH WE HAVE AVAILABLE LEFT TO SPEND, UH, WHETHER THINGS CAME IN UNDER BUDGET.
AND SO WE HAVE A LITTLE BIT MORE TO CARRY OVER TO THE NEXT YEAR FOR THAT ACCOUNT.
OR IF THE PROJECT IS NO LONGER, I'M SORRY, NOT THE PROJECT, IF THE ASSET IS NO LONGER NEEDED TO BE REPLACED, IT WOULD GO INTO FUND BALANCE.
SO WE WOULD HAVE A FUND BALANCE WITH THIS, UH, PARTICULAR FUND.
SO WITH THAT, DO YOU HAVE ANY QUESTIONS FOR ME? YEP.
SO DO, DO THESE, UM, REQUESTS INCLUDE ANY COMMITTED OB UM, THE, UM, OBLIGATIONS? THEY DO NOT.
SO, UH, SO THE MONEY THAT WE NEED TO PUT ASIDE TO, UM, TO PAY FOR ANY FIRE AND RESCUE TANKER OR THIS AND THAT, THAT'S OVER HERE.
THAT'S, THAT WAS THE FIRST ONE.
THE SE NOW I, I NEED TO, I'M SORRY.
'CAUSE IT SAYS WE'RE GONNA PUT ASIDE, WHERE IS THE NUMBER? EIGHT 50 A YEAR FOR THE NEXT FOUR YEARS.
SO IT'S ALREADY ALREADY THE, THE, THE TRUCK WE'RE ALREADY EXPECTING LIVE OF? NO, THIS, THIS TRUCK, THIS IS A PARTICULAR TRUCK.
THERE IS ANOTHER TRUCK ALREADY PAID FOR THEM? IS THAT ENCUMBERED? NO, IT IS NOT.
THE, THE FUNDS HAVE BEEN ENCUMBERED, BUT THEY WOULD NEED TO BE SCHEDULED OUT AS WELL.
SO THIS, THIS JUST INCLUDES THE NEW REQUEST.
WHEN YOU SAY NEW REQUEST, WAS THAT WHAT WAS PRESENTED TO US THE OTHER NIGHT? THE TANKER? YES.
IT WAS A AERIAL, IT WAS AN AERIAL AND A TANKER, I THINK.
WASN'T IT? HOW, HOW DOES THE ONE THAT'S ALREADY ON ORDER AFFECT OUR CASH FLOW? WELL, THAT'S A GOOD QUESTION AND I CAN PROVIDE AN UPDATE ON THAT.
THE, THE FIRE TRUCKS ARE A LITTLE BIT OF A UNIQUE SITUATION.
THEY'RE SO EXPENSIVE AND THEY NEED TO BE PLANNED FOR.
SO WITH THE FUTURE YEAR'S REQUESTS, I CAN CERTAINLY PROVIDE AN UPDATE ON THAT AS WELL.
BUT I WAS JUST PROVIDING THE NEW REQUEST FOR THIS YEAR.
ARE WE SETTING ASIDE MONEY FOR THE ONE THAT'S ALREADY BEEN ORDERED? YES.
AND IT, BUT THAT, THAT SET ASIDE IS NOT ON THIS LIST.
NO, BUT WE HAVE TO STILL, WE HAVE TO DO IT.
WE STILL HAVE TO PLAN FOR AND ENCUMBER THOSE FUNDS AS WELL.
SO I CAN PROVIDE YOU WITH AN UPDATE.
[01:40:01]
OKAY.I'M A LITTLE CURIOUS OF YOU ABOUT WHY IT WOULDN'T BE ON THE LIST THOUGH, BECAUSE WE HAVE, WE HAVE TO COME UP WITH IT TO PUT IT ASIDE.
THIS IS, IS GONNA HAVE SOME REVISIONS BECAUSE IT'S GOTTA SHOW WHAT YOUR OBLIGATIONS ARE THAT YOU'VE ALREADY GOT COMING SO THAT YOU CAN SEE WHAT THEY ARE.
LISTEN, IT DOESN'T HAVE EVERYTHING ON IT.
IT DOES NOT, WE'LL, WE'LL GET THAT CORRECT.
BUT THESE ARE THE, THIS IS A REALLY A DISCUSSION TO SHOW YOU WHAT THE NEW REQUESTS ARE.
BUT THE EXISTING HAVE TO BE ADDED ON HERE.
AND FOR ME, I'M NEW, SO I DON'T KNOW WHAT THE OLD ONES ARE.
SO EVENTUALLY WE GET THE LIST OF EVERYTHING.
THEY, UM, THEY WERE PART OF THE CARRYOVER PACKAGE.
SO I WILL PUT THIS NEW REQUEST FOR FISCAL YEAR 25 ALONG WITH THE CARRYOVER, SO YOU'LL HAVE A, A MORE COMPLETE PICTURE OF WHAT ACTUALLY NEEDS TO BE PUT INTO THE ASSET REPLACEMENT PROGRAM.
DID YOU HAVE ANY OTHER, I'M SORRY, I HIJACKED YOUR QUESTION.
I ENJOY, I ENJOY THE DIALOGUE.
ARE YOU, UH, ARE YOU, ARE YOU OKAY? YEAH, THANK YOU.
SO THE, THE NEXT QUESTION I HAVE IS THE VEHICLE REPLACEMENT, UH, FOR THE SHERIFF'S OFFICE.
I KNOW THAT WHAT, IN THE PAST TWO YEARS, I GUESS WE'VE ORDERED THREE, FOUR EXPLORERS AND I KNOW WE'VE APPROVED FOR SIX DODGES OR FOUR.
I DON'T REMEMBER THE NUMBERS ON TOP OF MY HEAD.
SO WHEN I LOOK AT THE BUDGET FOR VEHICLE REPLACEMENT, IT, IT'S JUST KIND OF, YOU KNOW, STRAIGHT LINE KIND OF THING.
SO I GUESS MAYBE IT MIGHT, MAYBE YOU ALREADY ANSWERED MY QUESTION BECAUSE THOSE, WELL, NO, MAYBE NOT.
I GUESS WHERE I'M GOING WITH THIS DOES THOSE VEHICLES THAT WE'VE ALREADY ARE WAITING FOR, GOING TO REDUCE OUR INVENTORY THAT WE SEE RIGHT HERE, IT SHOULD REPLACE THE INVENTORY.
IT'S NOT GOING TO REDUCE IT BECAUSE AS THESE VEHICLES ARE ORDERED AND RECEIVED FULLY EQUIPPED MM-HMM.
SO IT WOULD REDUCE THE SHERIFF'S OVERALL INVENTORY.
BUT THIS REQUEST IS TO, IT'S TO REPLACE ANY OLDER VEHICLES.
AND THIS IS BASED ON OUR, UM, OUR INVENTORY LIST YES.
THAT WE PUT TOGETHER WHERE YOU RATED THE RIGHT, YOU KNOW, THE, WHAT WAS IT, THE YEAR AND THE MILEAGE AND WHAT FISCAL YEAR IT NEEDS TO BE REPLACED.
IS THAT CORRECT? THAT'S RIGHT.
SO, SO, SO BASED ON YOUR LIST FOR THE SHERIFF VEHICLE REPLACEMENT, WE HAVE TO REPLACE $1.1 MILLION WORTH OF VEHICLES.
HOW MANY VEHICLES IS THAT PLEASE? YES, MA'AM.
SO, CURRENTLY WE DO NOT HAVE ENOUGH VEHICLES TO COVER THE POSITIONS THAT ARE APPROVED.
SO WE ARE, WE CURRENTLY HAVE ONE DEPUTY THAT IS IN THE ACADEMY, AND THEN WE ARE DOING INTERVIEWS AND HOPEFULLY WE'LL HAVE FIVE TO SEVEN IN THE ACADEMY THIS SUMMER.
AND WHEN THEY GET DONE WITH THE ACADEMY AND THEIR FTO, THEY WILL NOT HAVE A VEHICLE TO DRIVE.
SO WE ARE VEHICLE POOR AT THE SHERIFF'S OFFICE.
SO WHEN WE ARE ASKED, WHEN OUR AGENCY IS ASKING FOR 15 VEHICLES, THAT IS TO COVER THE VEHICLES THAT WERE, WERE POOR, THAT WE DO NOT HAVE ENOUGH VEHICLES FOR OUR DEPUTIES TO DRIVE, AS WELL AS REPLACING THE VEHICLES THAT ARE OVER 120,000 MILES.
SO BY THE TIME WE GET THESE CARS IN, THEY WILL BE UPWARDS OF 150 TO 170,000 MILES.
AND THAT IS NOT A VEHICLE THAT I WOULD THINK THAT WE WOULD WANT RESPONDING TO MAJOR INCIDENCES, ROBBERY, STABBINGS, HOMICIDES, ET CETERA.
UM, I, THERE ARE QUITE A FEW THAT ARE OVER 160,000 MILES AND WE USE THOSE AS SPARES.
BUT ONCE AGAIN, WE'VE HIT, UM, SINCE I'VE STARTED, WE'VE HAD TWO VEHICLES THAT, UM, HAVE STRUCK DEER.
SO THEY HAVE TO HOP IN ONE OF THOSE SPARE VEHICLES THAT HAS HIGH MILEAGE AS WELL.
SO THAT IS, THAT IS THE SITUATION THAT WE'RE IN RIGHT NOW.
SO THIS REQUEST IS FOR NEW VEHICLES ABOVE AND BEYOND THE VEHICLES THAT NEED TO BE
[01:45:01]
REPLACED.PLUS I'D LIKE TO MENTION THAT YOU DID NOT APPROVE ANY VEHICLES FOR FISCAL YEAR 24.
SO THE VEHICLES THAT WE JUST GOT IN THE FIRST WEEK OF JANUARY, WERE PURCHASED IN 22.
UM, IT TAKES THAT LONG IN ORDER TO PURCHASE THEM ON THE STATE CONTRACT AND FOR THEM TO BUILD OUT TO FINALLY GET THEM THE ONES WE, WE HAVE FOUR MORE THAT WE ARE EXPECTED TO GET.
UM, I WAS HOPING BY THE END OF THIS MONTH, IT, IT'S GONNA BE SOMETIME IN MARCH AND THAT WAS PURCHASED OFF OF THE FISCAL 23 BUDGET.
UM, BUT THERE SHOULD BE A ROTATION EVERY SINGLE YEAR.
I WOULD LIKE TO GET ON A ROTATION OF EIGHT NEW VEHICLES EACH YEAR, BUT WE'VE GOT TO GET TO THAT POINT FIRST IN ORDER TO HAVE OUR FLEET, UM, POPULATED.
AND WE ARE, WE'RE JUST SIMPLY NOT THERE.
AND JUST TO CORRECT YOU, THERE WERE VEHICLES FOR 24, THANK YOU THAT WERE ALREADY ORDERED.
YES, I, WELL I WAS TOLD BY THE STAFF THAT I WAS 22 AND 23 AND IT TOOK THAT LONG TO GET THEM 23, 24.
SO HAVE YOU REVIEWED OUR ASSET REPLACEMENT LISTING WITH MS. SCOTT AND AGREE WITH OUR ANALYSIS WHEN WE ARE, UM, AT WHAT POINT WE'RE GONNA BE NEEDING TO REPLACE THE OLDER VEHICLES? THAT LIST IS NOT SOMETHING THAT THE STAFF IS HAVE ACCESS TO AND IS SHARED WITH THE STAFF.
BUT IT'S NOT SOMETHING I WOULD ENCOURAGE SOMEBODY AND SAY, WELL YOU GOTTA REPLACE THIS JOB THIS YEAR BECAUSE OH, ABSOLUTELY.
IT'S NOT A IT'S A, YEAH, A RECOMMENDATION.
BUT, BUT I JUST WANNA MAKE SURE ALL THE DEPARTMENT HEADS, YOU KNOW, HAVE AN OPPORTUNITY TO, YOU KNOW, LOOK AT IT AND, AND YOU KNOW, IF THEY THINK, WELL, YOU KNOW, MAYBE WE SHOULD ADD THIS VARIABLE OR, OR SOMETHING, YOU KNOW, OUT OF REQUEST IF THEY HAVE.
SO, SO I JUST WANTED TO UNDERSTAND.
SO, SO THE VEHICLE REPLACEMENT IS TO BUY NEW VEHICLES BECAUSE OF NEW STAFF AS WELL AS REPLACING THE OLDER VEHICLES.
SO HOW MANY NEW VEHICLES ARE WE ASKING TO BUY? IT WOULD BE 15 FOR THE, UH, FIRST YEAR.
THAT'S PART OF YOUR $1.1 MILLION? WE, WE CURRENTLY HAVE DEFICIENT 14 VEHICLES.
SO, AND SO I DON'T EXPECT TO FILL THOSE ALL AT ONCE.
BUT THEN WE ALSO HAVE EIGHT ASSIGNED PATROL VEHICLES AND FOUR SRO OR I THINK IT'S EIGHT ASSIGNED TO PATROL AND SRO THAT HAVE OVER 120,000 MILES.
SO 15 BRAND NEW VEHICLES AND FOUR, UM, REPLACEMENT VEHICLES.
IS THAT WHAT YOUR NUMBERS ARE? 15? IT'D BE 15 TOTAL.
SO HOW MANY ARE NEW AND HOW MANY, HOW MANY ARE BRAND NEW REQUIREMENTS VERSUS HOW MANY ARE REPLACEMENTS? I CHOSE 15 BECAUSE I DON'T THINK THAT WE WILL HAVE BE FULLY STAFFED OUT OF THE 14 THAT WE DON'T HAVE.
SO DEFINITELY REPLACING THE EIGHT THAT HAVE OVER 120 MILES.
SO I WOULD SAY SEVEN TO FILL THE PHYSICIANS FOR THE OKAY.
THAT DO NOT HAVE A VEHICLE THAT WOULD BE YOUR 15 WHEN THEY'RE OUT ON THE ROAD.
AND I BELIEVE IT'S A, A BIGGER URGENCY IF WE WERE TO HIRE CERTIFIED OFFICERS THAT DO NOT HAVE TO ATTEND THE ACADEMY OR GO THROUGH FDO BECAUSE THEY WOULD HAVE TO BE PUT INTO A VEHICLE NOW.
JUST WANNA UNDERSTAND THE NUMBERS, THAT'S ALL.
SO THEN, UH, THE POLICE EQUIPMENT, WHAT, WHAT IS THAT? CAN I ADD ONE MORE THING? OH, SURE.
ON THE PRICE OF THE VEHICLE, THAT IS TO COMPLETELY OUTFIT THEM.
SO THEY WILL HAVE THE CAGE IN THE BACK, THEY'LL HAVE THE LIGHT PACKAGE, UM, THE RADIO, THEY'LL HAVE THE IN-CAR CAMERA SYSTEM, LIKE IT IS A FULL BUILD OUT SO WE'RE NOT PIECEMEAL IT TOGETHER AND HAVE TO BUY OH, ABSOLUTELY.
SO IF THE PRICE SEEMS HIGH, IT IS WITH ALL OF OUR GEAR IN IT.
I DID WANNA MAKE THAT, I'M SORRY.
CURIOSITY, UNDERSTAND THAT, IS THE PRICE THE, LIKE, IS IT ABOUT HALF AND HALF THE ACTUAL VEHICLE AND THEN ALL THE UPGRADES TO, TO MODIFY IT? YEAH, I WOULD SAY I, IT'S, IT'S, AND REALLY THE 75,000 I DO NEED TO REPLACE NEW ANIMAL CONTROL AND THAT IS UPWARDS OF AROUND 81, 80 2000.
I JUST CHOSE TO DO WHAT OUR REGULAR PATROL VEHICLES WOULD BE.
BUT I WOULD SAY THAT THE FORD EXPLORERS ARE BETWEEN 40 AND 45,000.
THE REST IS THE EQUIPMENT THAT IS PUT IN IT.
ARE THOSE ARE THE OLD, UH, THE PRIOR FORD EXPLORERS? OR THAT THE NEW FORD EXPLORERS? THAT'S THE FORD EXPLORERS THAT WOULD BE OFFERED ON THE STATE CONTRACT FOR THIS YEAR? UH, FOR THIS YEAR.
I THINK MY HUSBAND'S VEHICLE WHEN HE WORKED, UM, HAD
[01:50:01]
THE SAME RADIO THAT LAW ENFORCEMENT, BECAUSE HE WORKED WITH LAW ENFORCEMENT AND I THINK AT THAT TIME IT WAS LIKE $30,000 JUST FOR THE RADIO SYSTEM.I DUNNO WHAT THAT IS NOW, BUT RIGHT.
WHICH I THINK THAT IS LAST ONE HE GOT ON ONE OF THESE.
BUT YEAH, YOU HAVE TO DO YOUR POP YOUR PORTABLE AND YOUR MOBILE RADIOS AND YOU HAVE TO DO YOUR BODY-WORN CAMERA AND YOUR IN-CAR CAMERA SYSTEM.
WE DIDN'T HAVE THIS 20 YEARS AGO WHEN I FIRST STARTED
IT'S, WE HAVE TO HAVE IT UNFORTUNATELY.
ANY OTHER QUESTIONS? WELL, I WANNA MOVE TO THE NEW ITEM, LINE ITEM.
ARE WE DONE WITH VEHICLES? YEP.
SO, UH, SO POLICE EQUIPMENT, WHAT, WHAT DOES THAT ENTAIL? IS THAT THE LAST ONE? 7 0 0 5 MM-HMM.
SO THAT INCLUDES, UM, OUR BALLISTIC VESTS.
UM, YOU CANNOT WEAR THEM AFTER THAT.
SO THIS IS TO, UH, REPLACE APPROXIMATELY 16 PER YEAR AND THAT'S AN ONGOING THING THAT WE'VE BEEN DOING FOR YEARS.
THERE IS A GRANT THAT WAS, UM, LOST LAST YEAR.
IT'S A 50 50 GRANT AND WE ARE APPLYING FOR THAT AGAIN IN MAY.
UM, SO HOPEFULLY WE'LL GET A LITTLE BIT OF HELP THERE, BUT THAT'S NOT, UM, SOMETHING WE CAN COUNT ON.
UM, THE OTHER PART OF THAT IS THE IN-CAR CAMERA SYSTEM THAT WE CURRENTLY HAVE IN OUR PATROL VEHICLES.
IT'S THE L THREE AND THEY ARE HIT AND MISS WHETHER THEY WORK OR NOT.
ONE OF 'EM WAS FOUND IN THE TRUNK OF A PATROL VEHICLE.
UM, AND WE'RE ALSO HAVING PROBLEMS UPLOADING THAT AND VIEWING IT BECAUSE OF THE JAVA SOFTWARE.
IT IS JUST NOT, IT'S NOT COMPATIBLE.
SO WE DO NEED TO REPLACE 15 OF THE IN-CAR CAMERA SYSTEMS. UM, AND WITH THAT WE'RE DOING A BUNDLE WITH THE BODY-WORN CAMERAS.
MOTOROLA HAS, UM, TAKEN OFF THE CURRENT BODY-WORN CAMERA THAT WE HAVE, AND BY THE END OF THE YEAR WE WILL NO LONGER HAVE MAINTENANCE OR BE ABLE TO REPLACE IT.
SO WE ARE DOING A BUNDLE ON THOSE 15 VEHICLES.
SO THAT IS PART OF THAT, THAT NUMBER THERE.
ANYONE ELSE HAVE QUESTIONS? YEAH, CH SHERIFF KLEIN, I'M JUST CURIOUS WHAT, WHAT HAPPENS TO THE OLD, UH, UH, UH, VESTS IF WE DO THE, UM, THEY'RE, THEY'RE USELESS.
WE DO SEND THEM BACK, UM, TO THE COMPANY, UM, THAT DOES THE, THE GRANT, I BELIEVE.
BUT WE USE 'EM FOR TRAINING ALSO.
THAT YOU CAN PUT 'EM UP THERE FOR WHEN WE DO TARGET.
I, I WAS JUST CURIOUS, YOU KNOW, 'CAUSE THE, UH, I KNOW THAT, UH, YOU KNOW, THAT THEY FALL IN THE WRONG HANDS.
THAT CAN BE, YOU KNOW, WE DO NOT SELL 'EM OR DO ANYTHING OKAY.
NO, I DIDN'T THINK THEY, BUT THEY'RE ABOUT 900, A THOUSAND DOLLARS A PIECE.
I I WORE 'EM IN RACK AND I, I KNOW WHAT YEAH.
ANY OTHER QUESTIONS? YEAH, I HAVE A QUESTION ABOUT THE, THE VE DOES, THESE ARE LONG LEAD TIME VEHICLES, RIGHT? YES.
SO WE ARE, WE JUST PAY UP FRONT AND THEN WAIT, WAIT A YEAR TO GET 'EM.
WE PAY, WE'RE JUST ENCUMBERING.
YEAH, WE CAN, WE HAVE COVERED THE FUNDS.
AS SOON AS THEY'VE BENEFIT UP QUITE A BIT.
YEAH, EVERYTHING'S PRETTY, OH, I'M SORRY.
WE'RE JUST QUARTERLY NOT IN SYNC.
UM, THERE'S A REVENUE NUMBER HERE.
WHAT'S THE REVENUE? I'LL HAVE TO TAKE A LOOK, BUT, UH, YOU'RE RIGHT.
TRYING TO BE IN SYNC WITH THE REQUEST VERSUS WHAT'S IN CLEAR GOV IS DEFINITELY ONE OF OUR GOALS TO MOVE IN.
UM, THERE'S ALSO A FEATURE ON CLEAR GOV CALLED CAPITAL BUDGETING, WHERE YOU CAN PLAN FOR YEARS OUT, UH, JUST LIKE WE DO FOR ASSET AND FOR CAPITAL.
UH, WE JUST HAVEN'T BEEN ABLE TO UTILIZE THAT FOR THIS YEAR.
HOPEFULLY WE'LL GET THAT ON BOARD FOR NEXT YEAR.
SO THAT'S WHY, UM, MS. MEADOW AND I HAVE PROVIDED YOU WITH SPREADSHEETS, WHICH IS GONNA BE A LITTLE BIT DIFFERENT THAN CLEAR GO.
SO, SO WE'RE IN A MANUAL PROCESS OF TRYING TO KEEP YEAH.
THIS STUFF GOING INTO CLEAR GOV.
THAT'S, THAT'S, THAT'S THE GOAL.
WHEN WE ENCUMBER MONEY FOR ANY CAPITAL PURPOSE, DOES IT GO INTO SOME INTEREST BEARING FUND IT? WELL, YEAH, TECHNICALLY IT DOES BECAUSE WE HAVEN'T SPENT THE MONEY.
SO THE MONEY THAT WE HAVE IN INVESTMENTS IS PART OF THE OVERALL GENERAL FUND CAPITAL ASSET.
ANY OTHER QUESTIONS? NOT FOR SHERIFF CLIENT, BUT I DO HAVE A QUESTION, UH, ON ONE
[01:55:01]
OF THE BOTTOM ITEMS HERE FOR MELISSA.I THOUGHT WE WERE LIKE BASICALLY SELF-SUSTAINING NOW AT THE GOLF COURSE.
BUT IS IT THE SELF-SUSTAINING ONLY FOR OPERATING EXPENSES AND, AND DOESN'T COVER ANY CAPITAL EXPENSES? THE GOLF COURSE IS NOT A SELF-SUSTAINING FUND.
UH, IT'S UM, IT'S NOW BEEN LEASED AND THE MANAGEMENT SERVICES HAS BEEN PROVIDED BY AN INDEPENDENT CONTRACTOR.
SO WE EARN A SLIGHT REVENUE MM-HMM.
SO LOOKING AT THE BIGGER PICTURE, A COUPLE OF YEARS AGO, ACTUALLY MORE THAN A COUPLE OF YEARS AGO, WE WERE LOSING A LOT OF MONEY PER YEAR ON THE GOLF COURSE.
SO THE GOAL WAS TO NOT LOSE THAT MONEY.
AND THIS COMPANY HAS HELPED US IN REACHING THAT GOAL OF NOT LOSING AS MUCH MONEY, BUT IT'S CERTAINLY NOT TO A POINT WHERE IT'S SELF-SUSTAINING RIGHT NOW.
THANKS FOR CORRECTING MY UNDERSTANDING ON THAT.
SO MAYBE TO ADD TO THAT, THE 25,000 IS USED FOR SMALL CAPITAL PROJECTS OUT THERE.
EXAMPLE BEING, UH, LAST SUMMER WE, THE COUNTY REDID A NUMBER OF THE CART PATHS.
THEY WERE JUST FULL OF HOLES AND THERE WAS A REALLY HUGE HOLE.
IT WAS BIG ENOUGH YOU COULD JUST LOSE, DUMP YOUR WHOLE CAR AS YOU TRIED TO TURN INTO THE PARKING LOT IN THE BACK BEHIND.
AND WE REPLAYED THAT HOLE AND SOME OTHERS UP IN THE PARKING LOT.
AND WE DO SMALL PROJECTS LIKE THAT.
UH, ONE OF THE GOALS IS TO MAKE THE TRAIL THAT GOES ALONG THE NORTH RIVER LOOK LIKE THE TRAIL ON THE SOUTH RIVER.
WHEN YOU'RE DOWN THE SOUTH, YOU CAN SEE THE RIVER, THE, AND WHAT'S BETWEEN YOU AND THE RIVER THE ENTIRE TIME AND THE NORTH END.
YOU CAN'T, AND WE'RE GRADUALLY WORKING TO CLEAR THAT ENOUGH THAT YOU CAN SEE WHAT'S THERE AND WHO'S THERE AND SO FORTH.
WE USE THIS 25,000 FOR THOSE ACTIVITIES.
UM, I HAD A COUPLE OF QUESTIONS.
UNDER PUBLIC WORKS EQUIPMENT, 75,000, WHAT ARE REQUESTING, I CAN GO AHEAD AND PULL THAT UP ON CLEAR GOV.
UM, I THINK THAT'S WHERE IT IS.
I DON'T RECALL OFF THE TOP OF MY HEAD WHAT SPECIFICALLY THAT PURCHASE IS FOR.
AND I HAVE A COUPLE OF QUESTIONS UNDER FIRE AND RESCUE.
AND I, I'M JUST, I, I'LL TELL YOU AHEAD OF TIME, WHEN IT COMES TO VEHICLES, I DON'T PAY ANY ATTENTION.
BASICALLY WHAT MAKE AND MODEL AND ALL THAT STUFF IS.
SO, UM, 850, THAT WAS FOR ONE TANKER.
AND IN THE, UM, PRESENTATION YOU GAVE US ON TUESDAY, YOU HAD A, A TANKER.
WHAT, WHAT IS THE DIFFERENCE BETWEEN THAT TANKER FOR THAT AMOUNT OF MONEY AND THE TANKER THAT COMPANY TWO BOUGHT? ARE THEY THE SAME? THIS WAS COMPANY AERIAL AND IT WAS SOMETHING ELSE TOO.
IT WAS THE EQUIPMENT I BELIEVE REPORT.
SO THE DIFFERENCE BETWEEN THE 700,000 THAT WE HAD SHOWN YOU IN OUR BUDGETARY REQUEST VERSUS THE TANKER THAT RIVERMONT PURCHASED, RIVERMONT PURCHASED A DEMO UNIT.
SO THAT IS ONE THAT IS MANUFACTURED, UH, THAT IS TAKEN AROUND TO STATE, STATE LOCALITY, LOCALITY, AND IT BASICALLY THE SALES PIECE.
UM, AND THAT REALLY AT THE COST THAT RIVERMONT USED, WHILE A GOOD PIECE OF APPARATUS, IT LACKS A LOT OF THE FEATURES THAT WE WOULD IDEALLY HAVE WITHIN OUR SPECIFICATION.
SO THE PIECE OF APPARATUS THAT WE HAVE PUT TOGETHER A SPECIFICATION FOR INCLUDES SOME SAFETY ENHANCEMENTS, SOME SAFETY FEATURES, UM, THAT ARE SPECIFIC TO OUR RESPONSE DEMOGRAPHIC.
IE COMING DOWN OFF A HIGH KNOB, THE BRAKING SYSTEM, THE STOPPING DISTANCE, ROLLOVER PROTECTION, AIRBAG PROTECTION FOR OUR STAFF, WHICH ARE IDEAL SAFETY FEATURES THAT WE WOULD ULTIMATELY WANNA PROTECT OUR NUMBER ONE ASSET AND THAT'S OUR PEOPLE.
UM, WHEREAS A DEMO UNIT MAY NOT HAVE THOSE TYPES OF FEATURES BUILT INTO THAT APPARATUS.
UM, SO THAT'S WHY THE COST INCREASES A LITTLE MORE.
WHAT WHAT COMPANY BUILT THAT ONE VERSUS WHAT WE'RE LOOKING AT IN THAT PRESENTATION.
SO OUR SPEC IS, THE WAY THAT WE DO OUR MODEL SPEC IS, UH, WE PUT OUR MODEL
[02:00:01]
SPEC OUT.UH, SO WE HAVE NOT YET PURCHASED WHAT WOULD BE OUR SUPER TANKER CONCEPT.
UH, WE PUT THAT OUT TO CERTAIN COMPANIES TO SAY, HEY, HERE IS OUR SPECIFICATION, CAN YOU BUILD THIS? THEY RESPOND, YES, NO, UM, OR, AND IF YOU CAN, WHAT WOULD IT COST? AND THAT GIVES US OUR DOLLAR FIGURE TO REALLY PLAN FOR IN A BUDGET.
UM, I CAN'T SPEAK TO THE VENDOR OF RIVERMONT, I DON'T KNOW THAT OFF THE TOP OF MY HEAD.
UM, SO OURS IS BASED OFF OF OUR APPARATUS COMMITTEE, JUST LIKE WE DID WITH THE TANKER PUMPER CONCEPT.
WE TAKE OUR SPECIFICATION THAT WE UTILIZE OUR APPARATUS COMMITTEE, WHICH CONSISTS OF OUR CAREER AND VOLUNTEER RESPONSE SYSTEM OF WHAT THE IDEAL FIRE TRUCK WOULD LOOK LIKE.
WE SEND THAT OUT AND DETERMINE WHO ONE CAN BUILD IT AND TWO, WHAT THEIR COST IS AND, AND GET THE BID PRICE OFF OF THAT.
WE'VE DONE THE SAME WITH THE TANKER, UM, BUT WE HAVEN'T REALLY GONE SUPER IN DEPTH WITH THAT.
WE'VE BASICALLY SAID, HEY, HERE IS OUR DESIGN CONCEPT AND IF THE BOARD GIVES US THE FUNDS TO ORDER THAT FIRETRUCK, THEN WE WOULD GO THROUGH THE BUILD AND SOLICITATION PROCESS TO SAY, HEY, HERE IS THE LOW BID, HERE IS THE VENDOR.
UM, OBVIOUSLY WE HAVE A REALLY GOOD WORK RELATIONSHIP WITH THE MANUFACTURER THAT HAS, UM, OVER $3 MILLION IN ASSETS OR ALMOST $4 MILLION IN ASSETS ON ORDER BY THE COUNTY.
SO THEY ARE PRETTY MUCH ABLE TO TAKE A SPECIFICATION AND GIVE US WHAT THAT COST ESTIMATE WOULD BE.
UM, BECAUSE I WAS JUST WONDERING, I KNOW, I DON'T KNOW WHAT SOMETHING LIKE SAID LONG WHEEL, I DON'T CARE.
AND WHAT, UM, AND IF I CAN ADD MS COLORS, IF, UM, IF, IF YOU HAVE TIME, WHAT WE'VE DONE IS WE'VE ASKED OUR COMMITTEE TO DO A SIDE BY SIDE COMPARISON TO SH HEY, SHOW US WHAT RIVERMONT HAS, SHOW US WHAT THE COUNTY SPEC HAS AND DO A SIDE BY SIDE.
SO IF YOU LOOK AT IT ON PAPER, YOU CAN SEE, YOU KNOW, DOES ONE HAVE ROLLOVER PROTECTION? DOES ONE HAVE AIRBAGS? DOES ONE HAVE TWO SEATS VERSUS FOUR SEATS? UM, SO WE CAN ACTUALLY GET WHEN STAFFING ALLOWS ADDITIONAL MANPOWER.
SO SO THOSE ARE ALL CONSIDERATIONS TO THAT.
SO WE'VE DONE A SIDE BY SIDE COMPARISON THAT WE COULD SIT DOWN AND SHOW YOU.
YEAH, I WAS JUST AMAZED WHEN MR. SMITH ASKED ME, UM, I WAS THERE FOR ONE OF THEIR DINNERS AND HE SAID, HAVE YOU SEEN ON YOUR TRUCK? AND I SAID, NO, I DIDN'T KNOW IF THEY WERE EVEN GETTING ONE.
AND HE TOOK ME BACK TO SHOW ME AND I WAS LIKE, WOW, IS THIS NEW OR USED? UM, BECAUSE HE SAID 400,000.
I WAS LIKE USED IN IT 'CAUSE IT LOOKED REALLY NICE.
I, I COULDN'T IMAGINE IT WAS IN THAT GOOD CONDITION WHEN BEING USED, BUT I COULDN'T IMAGINE THEY GOT 400,000 BRAND NEW EITHER.
SO THAT'S, BUT I DON'T KNOW YEAH.
AND I WAS JUST QUESTIONING THAT MUCH DIFFERENCE IN PRICE AS TO WHY ONE IS THAT MUCH MORE THAN WHAT THEY PUT THAT ONE FOR.
AND I REALIZE HERE'S, YOU KNOW, THE SAME THING WITH A CADILLAC VERSUS AN ESCORT.
THERE'S DIFFERENT, IT, IT HAS NOTHING TO DO WITH THE NAME HAS EVERYTHING TO DO WITH THE FEATURES.
UM, AND YOU KNOW, IF YOU LOOK AT IT AS WE'RE ORDERING A FIRE TRUCK AND A $400,000 FIRE TRUCK VERSUS A $700,000 FIRE TRUCK, BUT YOU'RE NOT REALLY COMPARING APPLES TO APPLES.
IT'S, IT'S NOT THE SAME COMPARISON WHEN YOU LOOK AT THE DIFFERENT FEATURES AND CAPABILITIES OF THAT PIECE OF EQUIPMENT.
THEN MY NEXT QUESTION, THE UM, BECAUSE I GOT TO THINKING AFTER, UM, WE TALKED THE OTHER NIGHT ABOUT, UM, AIR CONDITIONING FOR COMPANY SIX MM-HMM
UM, WE DON'T, UM, PRIMARILY BECAUSE OUTSIDE OF STATION SIX WE'VE HAD NO ISSUES.
UM, SO THAT WOULD BE A SPECIFICATION THAT WOULD INCREASE POTENTIAL, OBVIOUSLY COST TO THE APPARATUS.
UM, IT'S NOT AS SIMPLE AS JUST GETTING A MINI FRIDGE, PUTTING IT IN A HOLE AND PLUGGING IT IN.
UM, SO THE COST ASSOCIATED WITH THAT AND THE LONG TERM COST ASSOCIATED WITH THE MAINTENANCE, ET CETERA, UH, STAFF HAS MOVED AWAY FROM THAT RECOMMENDATION PREDOMINANTLY BECAUSE STATION SIX IS WHERE WE'RE, WE'RE NOT HAVING THE ISSUE IN THE APPARATUS ANYWHERE ELSE BECAUSE EVERYBODY ELSE HAS EITHER HEATED BAYS OR FEATURES OR AIR CONDITIONING BAYS OR FEATURES WITHIN ITS FACILITY THAT PREVENTS IT
[02:05:01]
TO REACH THE INTERNAL TEMPERATURES THAT STATION SIX HAS.WE HAVE HAD STAFF EXPLORE THAT, UH, LOOK AT TEMPERATURE CONTROLLED COMPARTMENTS OR REFRIGERATORS ON THE APPARATUS.
UM, WE'VE HAD 'EM EXPLORE, UM, CLIMATE CONTROLLED DRUG BOXES.
SO IT'S, YOU KNOW, THE BOX ITSELF HAS LIKE A LITTLE COOLING UNIT WITHIN IT.
UM, AND ULTIMATELY WE'VE ASKED STAFF TO ANALYZE ALL OF THAT, COME BACK AND MAKE THE RECOMMENDATION.
AND THE BIGGEST REASON FOR THAT IS, UM, THAT REFRIGERATOR CONCEPT ADDRESSES SIMPLY THE DRUGS.
DON'T FORGET THIS IS A STAFF WORKSPACE, SO WE STILL HAVE STAFF IN AND OUT OF THOSE, UH, IN AND OUT OF THAT FACILITY TO PERFORM APPARATUS CHECKS, TOOLS AND MAINTENANCE ON EQUIPMENT.
AND DURING HOT SUMMER MONTHS, THAT TYPE OF ACTIVITY IS JUST GETTING EVEN NEGLECTED BECAUSE OBVIOUSLY WHEN IT REACHES A TEMPERATURE OF A HUNDRED DEGREES INSIDE, WE DON'T WANT STAFF IN THAT WORK ENVIRONMENT.
SO THIS WOULD BE ABLE TO PROVIDE, THE AIR CONDITIONING ALSO PROVIDES A TENABLE WORKSPACE FOR STAFF TO HAVE COMFORT TO BE ABLE TO PERFORM THAT WORK OR FUNCTION.
ULTIMATELY IT'S COOLER IN THE SUMMER MONTHS TO PULL THE APPARATUS OUTSIDE AND PERFORM ITS APPARATUS, CHECK TOOLS AND MAINTENANCE EQUIPMENT THAN IT IS BEING INSIDE OF THAT 10 CAN PER SE.
SO THAT'S WHY WE'VE GONE DOWN THE ROAD OF ASKING TO INSTALL THAT AIR CONDITIONING UNIT IN THE FACILITY.
WELL, I CALLED, I CALLED AROUND AND I DON'T THINK MANY OF OUR STATIONS HAVE AIR CONDITIONING IN BAY UNITS, SO THAT'S WHY I'M TRYING TO, UM, AND THEN I DID SOME RESEARCH INSTALL WHERE YOU CAN GET LITTLE REFRIGERATED UNITS, YOU KNOW, IN, I'M JUST LOOKING AT $12,000, YOU KNOW, AND I, I DON'T WANT ANYBODY WORKING UNNECESSARILY IN HEAT.
UM, BUT I'M LOOKING AT $12,000, JUST PUT THE UNIT IN FOR SOMEWHERE THAT, YOU KNOW, WE'RE NOT GONNA BE USING HOPEFULLY AFTER A COUPLE YEARS.
BUT THEN WE'RE LOOKING AT MAYBE A HUNDRED, YOU KNOW, UP TO A THOUSAND, MAYBE EVEN MORE A MONTH ELECTRICITY BILL FOR SOMETHING THAT SIZE TO COOL IT 'CAUSE THAT THING'S GONNA RUN, RUN ALL THE TIME TO TRY TO KEEP THAT THING COOL.
UM, I, I I THINK WE CAN WORK WITH THE VENDOR TO TRY TO DETERMINE WHAT THE, THE MONTHLY AVERAGE COST IS.
I KNOW THEY CAN AND PROVIDE THAT FOR US BASED OFF OF THE DESIGN OF THE SYSTEM.
I WOULD BE OVERLY SURPRISED IF IT WAS THAT MUCH.
UH, BUT WE CAN CERTAINLY LOOK AT THAT.
UM, I DON'T, I DO NOT THINK THAT THE REFRIGERATOR AND STAFF DOES NOT THINK THAT THE REFRIGERATOR WOULD BE THE ONE SIZE FITS ALL.
IT WOULD FIX THE MEDICATION ISSUE.
UH, AND TRUST ME, WE SAT WITH DR.
DALEY AND STAFF TO SAY HOW LONG IS STATION SIX ARRANGEMENT? WE'RE ALREADY TWO YEARS INTO THAT ARRANGEMENT.
UM, NOT KNOWING WHAT THE FUTURE HOLDS FOR THE COUNTY.
WE DON'T KNOW WHEN THE FIRE STATION SIX PROJECT WILL ONE BEGIN TO, UM, THE DESIGN AND CONSTRUCTION PHASE VERSUS MOVING IN.
SO IF IT WAS ONLY A SIX MONTH PROCESS, AGAIN, STAFF HAVE DEALT WITH THIS FOR TWO YEARS.
UM, IF, IF THERE WAS AN END IN SITE, WE WOULD CERTAINLY NOT BE MAKING THAT RECOMMENDATION OR ASK TO THE BOARD.
UM, WE JUST DON'T KNOW WHERE THAT'S GONNA BE.
THIS IS NOT THE STOP GAP MEASURE.
WE CERTAINLY TALKED WITH COUNTY STAFF ABOUT, YOU KNOW, EVEN THE LONG TERM INVESTMENT OF A $12,000 AIR CONDITIONING UNIT, UH, TO THAT FACILITY.
UM, JUST TO MAKE IT AVAILABLE, YOU KNOW, 'CAUSE IT'S, IF FIRE STATION SIX HAPPENS IN, IN THREE YEARS, YOU STILL HAVE A 3-YEAR-OLD AIR CONDITIONING UNIT THAT STILL HAS LIFESPANS.
SO OBVIOUSLY WE WOULD MAKE THAT AVAILABLE TO OTHER COUNTY FACILITIES AS WELL.
SO THEY'RE BASICALLY A LONG TERM INVESTMENT FOR THE COUNTY.
I'M JUST LOOKING AT TRYING TO PRIORITIZE AND TO ME LOOKING AT OF ALL THE THINGS THAT YOU WANT AND NEED THAT'S, I'M FEELING LIKE A REFRIGERATOR OR SOMETHING THAT'S $12,000 THAT COULD GO A LOT OF OTHER PLACES PLUS THE AMOUNT OF ELECTRICITY.
SO I'M JUST TRYING TO FIGURE AND, AND 'CAUSE WE'RE GONNA HAVE TO BE DOING CUTS.
SO THAT'S WHY I WAS ASKING WHEN I DID SOME RESEARCH AND YOU KNOW, I DIDN'T KNOW IF YOU ALREADY HAD SPECED THESE REFRIGERATORS IN.
AGAIN, THIS IS THE ONLY STATION THAT WE'VE HAD THAT ISSUE IN.
WE, WE HAVE HAD ISSUES IN THE SYSTEM BEFORE, UM, BUT NOT LIKE WE'RE EXPERIENCING AT STATION SIX ONE BASED OFF OF THE MEDICATION, TWO BASED OFF OF THE STAFF SPACE.
AGAIN, WHILE STATION SIX, STATION SIX IS NOT THE ONLY APPARATUS BAY THAT, UM, DOES NOT HAVE AIR CONDITIONING.
IT IS THE ONLY STANDALONE APPARATUS BAY THAT HAS NO AIR FLOW IN IT WHATSOEVER BASED OFF OF NO, IT'S LIKE YOU SAID, IT'S A CAN.
STATION CONSTRUCTION AND DESIGN.
SO, UH, THAT'S WHAT OUR STAFF HAS ANALYZED.
THEY'VE LOOKED AT ALL OF THOSE DIFFERENT OPTIONS.
[02:10:01]
RIGHT NOW THE OPTION IS TAKE IT OFF OF THE APPARATUS, CARRY TO THE MAIN BUILDING, UM, AND MAKE SURE YOU GRAB THAT BAG.WHEN YOU GET A CALL AT THREE O'CLOCK IN THE MORNING AND YOU SIT NEXT TO THE DOOR, YOU ALWAYS GO OUT.
YEAH, WELL THEY, AND THEY CAN'T SET IT NEXT TO THE DOOR BECAUSE IT'S A REGULATED MEDICATION FROM FOR, FROM, FROM DEA RIGHT.
THE DRUG ENFORCEMENT ADMINISTRATION.
WELL, YEAH, IT HAS TO BE LOCKED RIGHT NEXT TO YOUR DOOR, YOU KNOW, SO, SO YOU CAN'T JUST TAKE IT, SET IT ON THE FLOOR AND GRAB IT AND GO.
IT'S GOTTA BE UNDER LOCKING KEY AT ALL TIMES.
SO JUST LIKE IT IS WHEN IT'S ON THE APPARATUS.
SO PUT A TAG ON THE DOOR AND SAYS, REMEMBER YOUR NAME.
A HUNDRED, A HUNDRED PERCENT UNDER IF THE BOX IS RIGHT THERE NEXT TO THE DOOR.
I, LIKE I SAID, I, YOU KNOW, LOOKING TO, TO FIGURE OUT WHEN WE DO HAVE TO MAKE CUTS, I MEAN THAT'S, YOU'VE GOT A LEGITIMATE REQUEST THERE, BUT TRYING TO, TO FIGURE OUT SOME CERTAIN WAYS TO CIRCUMVENT THAT AMOUNT OF MONEY OUTTA YOUR BUDGET.
AND WE'VE LOOKED AT, UM, WE'VE EVEN LOOKED AT AIR PACK, WHICH IS A LOCAL COMPANY OUT IN SHENANDOAH SHORES.
THEY MAKE THE STANDALONE AIR CONDITIONING UNITS TO, UH, TALK ABOUT A, A DONATION, A LONG-TERM DONATION OR EVEN RENTAL AGREEMENT TO ONE OF THOSE, UM, UNITS.
UH, AND ULTIMATELY IF, YOU KNOW, AGAIN, IF THIS WAS A THREE MONTH, SIX MONTH TIMEFRAME, THAT'S AN OPTION.
BUT KNOWING THAT WE'RE TWO TO THREE YEARS OUT ON ANY CONSTRUCTION OF, OF, OF THE SHENANDOAH FARMS FIRE STATION MINIMUM, THIS IS THE RECOMMENDATION OF STAFF, WE'LL HAVE THEM GO BACK AND LOOK AT THE SPEC OF THE, OF THE REFRIGERATOR ON THE MEDIC UNITS AND LOOK AT WHAT THAT MAY BE.
BUT WITH THE ROTATION AGAIN, UM, NOT KNOWING WHAT THAT LOOKS LIKE, BUT THEY DID NOT RECOMMEND IT WHEN WE HAD THEM LOOK AT IT.
BUT WE'LL CERTAINLY GO BACK AND LOOK AT IT.
LOOK, LIKE I SAID, I I, NO, I'M TRYING TO LOOK AT ALL OPTIONS.
SO THAT WAS THE ONLY QUESTION I HAD.
ANYONE ELSE HAVE QUESTIONS? THANK YOU VERY MUCH.
IF I COULD JUST MAKE A COMMENT, UM, UH, TO MS. SCOTT, THESE NEW PROJECTS THAT ARE POPPING UP HERE, YOU KNOW, THE, UH, THE TRAINING CENTER AND THE RECORDS MANAGEMENT AND I'M, AND I'M FOCUSING ON THOSE 'CAUSE THOSE ARE BRAND NEW REQUIREMENTS, YOU KNOW, FOR, UH, BUDGETS THOSE ARE IMPORTANT THINGS.
YOU KNOW, DO WE HAVE SOMETHING IN THE COUNTY WHERE WE CAN DO A PHASE IN APPROACH? YOU KNOW, SAYING, OKAY, WELL YOU NEED 1.1 MILLION, UM, YOU KNOW, THIS IS A GREAT THING THAT WE SHOULD DO.
IT'S GONNA BE EFFICIENT, YOU KNOW, REDUCE COSTS AND ON THAT, YOU KNOW, BUT IS THERE SOME WAY THAT WE CAN LIKE JUST PUT THE MONEY ASIDE WHERE WE CAN PHASE IT IN THEN ASKING FOR A LUMP SUM WHERE MOST LIKELY IT MAY NOT EVEN GET DONE IN THAT FISCAL YEAR.
YEAH, WE CAN CERTAINLY DO THAT.
THAT WAS THE DESIGN OF THE ASSET REPLACEMENT PROGRAM.
UM, SO I CAN APPRECIATE, YOU KNOW, ADDING IN PREVIOUS YEARS AND ANY CARRYOVER, UH, THAT WOULD CON CONTRIBUTE TO THE ADDITIONAL, UH, REQUESTS FOR THE FISCAL YEAR, NOT SPEAKING TO ANY ONE PARTICULAR PROJECT OR ONE PARTICULAR ASSET, BUT THERE'S DIFFERENT OPTIONS FOR FUNDING THINGS AND THERE'S DIFFERENT WAYS YOU CAN PLAN ON, YOU KNOW, AN ANTICIPATED EXPENDITURE IN THE FUTURE THAT'S, YOU KNOW, MILLIONS OF DOLLARS.
SO, UM, IF YOU'LL REMEMBER, THESE TWO FUNDS WERE CREATED WITH THE SPECIAL PROJECTS FUND, WHICH WAS COMMITTED FUNDS FROM THE BOARD THAT WERE NOT APPROPRIATED.
THEY WERE ONLY APPROPRIATED WHEN THE EXPENDITURE WAS GOING TO GO OUT.
SO THE BOARD WOULD APPROVE ANYTHING OVER, I THINK IT WAS $25,000 AT THE TIME.
AND THERE WAS A TRANSFER MADE FROM THE COMMITTED FUND OF SPECIAL PROJECTS INTO WHEREVER IT WAS GOING TO BE EXPENDED FROM.
AND NOW WE HAVE A LITTLE BIT MORE PLANNED FUND WITH ASSET AND CAPITAL WHERE WE KNOW WE WANNA PURCHASE A FIRE TRUCK IN FIVE YEARS.
SO WE'RE GONNA SPLIT THAT COST UP OVER THE NEXT FEW YEARS SO WE CAN MAKE THE PURCHASE.
UH, THERE MIGHT BE A DOWN PAYMENT OPTION.
I KNOW FOR THE LAST TWO FIRE TRUCKS THAT WE'VE PURCHASED, THERE'VE BEEN, UM, DOWN PAYMENTS EXCEEDING $1.1 MILLION THAT'S BEEN EXPENDED FROM THE COUNTY'S BANK ACCOUNT.
SO WE'VE PAID FOR THAT DEPOSIT.
SO THAT'S ONE WAY THAT YOU CAN ELIMINATE HAVING A HUGE EXPENSE RIGHT UP FRONT.
THERE'S ALSO FINANCING OPTIONS.
WE'RE LOOKING INTO FINANCING, UH, RATHER THAN GOING THROUGH TAKING, FOR EXAMPLE, MOTOROLA, THEY OFFER FINANCING RATHER THAN GOING THROUGH THEIR PROGRAM, WE MIGHT BE ABLE TO FIND A DIFFERENT PROGRAM THAT WOULD OFFER THE COUNTY A LITTLE BIT MORE OF A BENEFICIAL PACKAGE THAN YOU WOULD GET THROUGH THE MOTOROLA FINANCING.
SO THOSE ARE A FEW DIFFERENT OPTIONS THAT WE HAVE
[02:15:01]
FOR SPREADING THE PURCHASE OUT, EITHER OVER TIME OR SAVING UP FOR THE PURCHASE.ANY OTHER QUESTIONS BEFORE WE MOVE ON
[F. Discussion - County Revenue - Alisa Scott, Finance Director]
TO COUNTY REVENUE FOR ALL THIS TIME? WE FINALLY GET TO TALK ABOUT MONEY THAT'S ACTUALLY COMING IN REAL MONEYWELL, ONE OF THE THINGS, UM, I THINK GOING BACK TO YOUR DISCUSSION ON THE AIR CONDITIONING AND THAT YOU HAVE BUDGET MONEY AND YOU HAVE CASH NOW, BUDGET MONEY IS THIS, THIS IS CASH.
YOU HAVE IN YOUR BUDGET FOR 23.
YOU HAVE $3 MILLION FOR STATION SIX, AND YOU HAVE BUDGET BALANCE AFTER TRANSFERS 5 MILLION.
SO THE FIRE DEPARTMENT CAME AND SAID, HOW LONG DO YOU ANTICIPATE WE'RE GONNA BE PUSHING THIS STATION SIX BACK ANOTHER YEAR? AND I SAID, AT LEAST TWO TO THREE YEARS.
SO I SENT THEM OFF LOOKING TO FIGURE OUT HOW THEY'RE GOING TO MAKE THE STATION THAT THEY'RE IN WORK FOR THE NEXT SEVERAL YEARS BECAUSE THE CASH IS NOT HERE.
AND YOU TALK TO YOUR TREASURER AND ASK HER WHAT HER BALANCES ARE FOR JANUARY 31, AND I'LL LEAVE IT AT THAT.
THIS IS THE ANTICIPATED REVENUE FOR FISCAL YEAR 25.
UH, SO THIS IS WHAT IS IN CLEAR GOV.
UM, THERE'S EIGHT PAGES OF REVENUE HERE FOR THE GENERAL FUND.
UM, SO I'D BE HAPPY TO GO OVER ANY QUESTIONS THAT YOU MIGHT HAVE.
BUT THIS IS JUST, UH, EIGHT PAGES WORTH OF WHAT WE'VE COLLECTED YEAR TO DATE FOR 24, UH, WHAT WE'VE BROUGHT IN FOR 23 UNAUDITED AND WHAT WE ANTICIPATE ON RECEIVING FOR FISCAL YEAR 25.
DOES THIS INCLUDE THE SCHOOL? THE SCHOOL? OH, WAIT A MINUTE.
SO THE SCHOOL DOES RECEIVE REVENUE FROM STATE AND FEDERAL.
HOWEVER, THE SCHOOL RECEIVES THEIR REVENUE DIRECTLY INTO THEIR FUNDS.
SO WHEN YOU LOOK AT YOUR TOTAL EXPENDITURES IN CLEAR GOV, AND I WANTED TO MAKE THIS THIS CLEAR, WHEN YOU SEE THAT EXPENDITURE, YOU'RE GONNA SEE A TRANSFER TO THE SCHOOLS, RIGHT.
WHICH IS THE COUNTY CONTRIBUTION, BUT IT'S THE SAME AS LAST YEAR BECAUSE WE DON'T HAVE A NUMBER THAT'S UPDATED FROM THE SCHOOLS.
SO WHEN YOU LOOK AT YOUR 96 MILLION I THINK WE'RE AT RIGHT NOW, THAT INCLUDES THE CONTRIBUTION TO THE SCHOOL AND IT ALSO INCLUDES THE DSS CONTRIBUTION, THE TRANSFER, BUT IT INCLUDES THE FULL 6 MILLION PLUS BECAUSE WE COLLECT FEDERAL MONEY, STATE MONEY FOR DSS AND INCLUDE THAT WHOLE CONTRIBUTION AND REVENUE OVER TO DSS.
SO I WANNA MAKE SURE THAT YOU'RE AWARE OF THAT WHEN YOU LOOK AT YOUR EXPENDITURES THAT YOU SEE THE, THE FULL DSS CONTRIBUTION, THAT INCLUDES COUNTY REVENUE FROM WHAT DSS RECEIVES.
AND THE COUNTY'S 1 MILLION PLUS CONTRIBUTION OF 6 MILLION PLUS.
DOES THIS INCLUDE THE, UM, ANY GRANT MONEY, LIKE THE ARPA THAT WE'VE PUT ASIDE FOR BROADBAND THIS, UH, THAT IS REVENUE, THAT, IS THAT AN EXPENSE? THAT'S REVENUE THAT'S BEEN RECEIVED IN PRIOR FISCAL YEARS.
OKAY, SO THAT'S NOT PART OF THIS.
UNLESS IT WAS RECEIVED IN 23, WHICH I BELIEVE, UH, A PORTION WAS RECEIVED IN, IN YEAR, UH, FISCAL YEAR 23, UM, I THINK A FEW MILLION WAS ALSO RECEIVED IN FISCAL YEAR 22.
SO YOU'RE GONNA SEE SOME REVENUE THAT'S BEEN RECEIVED, BUT THERE'S ALSO TECHNICAL ACCOUNTING TERMS THAT WE HAVE TO ABIDE BY THAT.
UM, YOU KNOW, IT'S, IT GETS VERY INTO THE WEEDS ACCRUED, YOU KNOW, REVENUES AND, UH, PREPAID, YOU KNOW, THINGS LIKE THAT.
IT'S, IT'S, UH, QUITE COMPLICATED TO BE HONEST.
BUT, UM, IF YOU LOOK ON PAGE SEVEN, THERE IS NO APA MONEY SHOWN IN THERE FOR EITHER YEAR.
BUT IF THERE WAS ANY OTHER GRANTS, WE WOULD, OTHER
[02:20:01]
GRANTS ARE IN HERE.YEAH, THERE'S, THERE'S SPOTS TO PUT GRANTS IN THAT WE'VE RECEIVED MONEY, UM, BEFORE.
SO IF WE HAVE NOT BEEN APPROVED FOR THAT GRANT, THEN WE DON'T RECOGNIZE THAT AS REVENUE AND WE SHOULD BE RECOGNIZING IT AS REVENUE ONCE WE HAVE APPROVED IN TIMELY EXPENDITURES FOR THE GRANTS.
OTHERWISE, IT'S JUST ACCOUNTS RECEIVABLE, AGAIN, ANOTHER ACCOUNTING TECHNICALITY.
SO I'D BE HAPPY TO ANSWER ANY QUESTIONS.
WE HAVE MADE SOME CHANGES TO THE REVENUE, SO IF YOU SEE ANYTHING DIFFERENT THAN WHAT YOU'VE REVIEWED IN THE PREVIOUS FISCAL YEARS, UH, I'D BE HAPPY TO GO OVER IT WITH YOU IN MORE DETAIL.
UM, THE FINANCE DEPARTMENT IS TRYING, UH, ITS BEST TO MAKE YOU MAKE SURE WE RECONCILE THE REVENUE ON A QUARTERLY BASIS.
UH, I'M NOT SURE WHAT IT WAS DONE BEFORE, BUT IT WASN'T QUITE WORKING.
SO WHAT WE'RE GONNA DO NOW IS MAKE SOME, UH, BIG IMPROVEMENTS WITH THE WAY THAT WE, UH, RECOGNIZE OUR REVENUE.
SO LOOKING AT THIS, OUR REVENUE, AND I KNOW THIS IS AN ESTIMATE, OKAY? MM-HMM,
SO IT SAYS THAT THE REVENUE THAT WE'RE RINGING IN, THAT WE ANTICIPATE BRINGING IN NEXT YEAR OR FISCAL YEAR 25 IS $4.6 MILLION LESS THAN WHAT WE BROUGHT IN.
AND THAT'S CONTRIBUTED TO OUR TAX INCREASE OR WHAT, WHAT CAUSED THE REVENUE TO GO DOWN? WHAT CAUSES THE REVENUE TO GO DOWN IS, UH, BASED UPON A NUMBER OF DIFFERENT FACTORS.
UM, FOR EXAMPLE, PERSONAL PROPERTY IS DOWN A SOLID 5% FROM LAST YEAR, SO THAT'S REFLECTED IN THIS ESTIMATION.
UM, ALSO REAL ESTATE IS DOWN AS WELL.
UM, THAT'S BASED ON VALUATIONS.
UM, BUT BECAUSE WE DO REASSESSMENTS OVER TWO YEARS NOW, WE'RE GONNA SEE IN FISCAL YEAR 25 FOR THE FIRST TIME, WE'RE GONNA SEE THE UPTICK OF, UH, PUBLIC SERVICE, WHICH AS, YOU KNOW, ONCE YOU REASSESS EVERY TWO YEARS RATHER THAN THE FOUR YEARS THAT WE DID BEFORE, THE PUBLIC SERVICE RATIO REACHES CLOSER TO A HUNDRED PERCENT.
SO YOU EARN MORE REVENUE WITH THAT PARTICULAR, UH, LINE.
AND IT'S ALSO ONE OF THOSE LINES THAT IS CONSISTENT, UM, AND YOU CAN RELY ON IT.
THERE'S NO DELINQUENCY WITH THAT BECAUSE IT'S A PUBLIC SERVICE.
THERE IS SOME DELINQUENCY, AS YOU KNOW, WITH REAL ESTATE AND PERSONAL PROPERTY.
SO, UH, EVENTUALLY THAT NEEDS TO BE TAKEN INTO CONSIDERATION AS WELL.
WHY, UM, WHY IS REAL ESTATE DOWN BASED ON VALUATIONS? WHEN, WHEN THE LAST ASSESSMENT WAS DONE AND THINGS WERE UP 40% AND WE SET A TAX RATE THAT MADE IT ALL REVENUE NEUTRAL, DOESN'T THIS PRESUME THAT SAME TAX RATE? AND SO IT SHOULD BE MORE OR LESS REVENUE NEUTRAL AT THIS POINT? UM, I CAN HAVE, UH, A LITTLE BIT BETTER EXPLANATION FOR YOU, UM, WITH THE, WITH THE COMMISSION OF THE REVENUE, BUT THIS IS THE NUMBER THAT SHE WAS PROVIDED TO ME.
I, I DO RECALL MAYBE SHE SAID THAT, UM, THERE WERE CASES ABOUT RELIEF THAT WERE INCREASING, BUT I THOUGHT THAT WAS MORE FOR PERSONAL PROPERTY AND NOT FOR REAL ESTATE.
I COULDN'T
IT'S A TAX RELIEF FOR THE ELDERLY AND VETERANS AND THAT'S BEEN PART OF THE EQUATION.
AND WERE THERE CHANGES FROM THE STATE COMING DOWN REGARDING THAT AS WELL THAT WE HAD TO ABIDE BY? YES.
SO LAST YEAR WHEN WE CHANGED THE TAX RATE, THE BOARD ALSO INCREASED THE EXEMPTIONS AND INCREASING THE EXEMPTIONS HAS BROUGHT THIS NUMBER BACK DOWN ON WHAT SHE ANTICIPATES THIS YEAR.
THE NUMBER THAT YOU HAVE HERE MAY BE A LITTLE BIT, UH, A LITTLE BIT LOW BECAUSE IT DOESN'T SHOW ENOUGH FOR THE PRIOR YEARS OF THE COLLECTIONS.
UH, YOUR TREASURER SAID SHE'S GONNA BE COLLECTING MORE MONEY OF THE DELINQUENT TAXES, UH, AND YOU'VE GOT SOME PENALTIES AND INTEREST, BUT YOU'LL ALSO HAVE DELINQUENT TAXES THEMSELVES THAT WILL COME IN THERE.
BUT THE TAXES ON THIS PAGE ARE PROBABLY GOING TO BE DOWN ABOUT A MILLION DOLLARS TOTAL NEXT YEAR IF NOTHING CHANGES.
AND YOU, DO YOU THINK IT'S MORE LIKE FAMILIAR? SO IF YOU LOOK AT THE TOP OF THE PAGE, I'M JUST LOOKING AT REAL PROPERTY.
I'M LOOKING, LOOKING AT THIS PAGE THAT SHE GAVE YOU.
IF YOU LOOK AT THE TOP OF THE PAGE, IT SAYS TOTAL REAL ESTATE TAXES AND IT SHOWS 31 5
[02:25:01]
COMPARED TO 33 IN THE 24 AMENDED.SO THAT'S DOWN ONE AND A HALF PERCENT.
IF YOU LOOK THEN AT THE OTHER NUMBERS THAT ARE ON THAT PAGE, OKAY.
YOU'LL SEE WHERE THEY ALL CHANGE A LITTLE BIT.
THERE'S A 500,000 HERE, 200,000 HERE, 5,000, ET CETERA.
AND THAT TOTAL MEANS THAT IT WILL BE ABOUT 950,000 TOTAL FOR REAL ESTATE AND REAL PROPERTY IS WHAT IT'LL BE.
UH, ONE OF THE OTHER BIG, UH, INCREASES WE HAD LAST YEAR, CURRENT YEAR IS WE ANTICIPATED RECEIVING APPROXIMATELY 1.5 MILLION IN RECOVERIES FROM THE EDA.
WE WILL MAKE THAT GOAL, UH, LAST PIECE OF PROPERTY, NEXT TO LAST PIECE OF PROPERTY CLOSES TOMORROW.
AND THAT PROPERTY'S NOT GONNA BE THERE TO BE SOLD NEXT YEAR.
SO THE REVENUE NEXT YEAR WILL GO DOWN.
NOW THERE'S GONNA BE A REDUCTION ON THE OTHER SIDE WHEN WE BRING YOU BACK THE EDA BUDGET PROPOSAL FOR THAT BECAUSE THEY'RE NOT GONNA HAVE TO SPEND AS MUCH FOR SOME OF THIS.
AND THEY MAY HAVE THINGS IN THERE THAT YOU'RE NOT GONNA BE DOING, BUT THAT MAKES PART OF IT.
ANOTHER BIG PIECE OF IT IS THERE'S 2.5 MILLION POTENTIAL TRANSFER THIS YEAR FROM RESERVES, AND THAT'S PRETTY STANDARD, A 2% CUSHION IN YOUR BUDGET THAT YOU WOULD TRANSFER.
WE HAVEN'T PUT ANYTHING IN THERE FOR NEXT YEAR YET.
SO SOME OF THAT WHEN WE TIGHTEN THE BOX IS GONNA COME BACK AND WE'RE GONNA SHOW HOW THE REVENUE COMES UP, AS WELL AS HOW THE EXPENDITURES COME DOWN.
SO WE'RE MOVING, SO ARE WE MOVING THE RESERVES TO THE REVENUE TO OFFSET SOME OF THESE EXPE EXPENSES? SO YOU HAVE IN THIS BUDGET MM-HMM.
IF WE DON'T HAVE TO TRANSFER IT, AND AT THIS POINT WE DON'T THINK WE WILL, THEN IT WILL BE THERE AND WE MAY WANT TO SHOW IT AS A POTENTIAL TRANSFER NEXT YEAR.
OTHERWISE IT JUST STAYS THERE.
IF YOU REMEMBER, THE AUDITOR TOLD YOU TWO YEARS AGO YOU GAINED A MILLION AND A HALF.
AND WE HAD A TRANSFER IN THERE.
SO WE KNOW NOT ONLY DID WE NOT TRANSFER, BUT WE GAINED.
AND SO THERE'S GONNA BE A FLEXIBLE NUMBER THAT COMES IN THERE EVERY YEAR, UH, WHETHER IT'S ONE AND A HALF, TWO AND A HALF, WHATEVER THAT NUMBER IS, UH, APPROXIMATELY 2% OF YOUR BUDGET THAT YOU MAY PUT THERE AS A TRANSFER FROM RESERVES, AND THEN THE GOAL IS TO NOT USE IT.
WELL, I, THAT'S MY, I WAS THANK YOU FOR THAT POINT,
THAT WAS EXACTLY WHAT I WAS GONNA SAY.
DALEY ARE, ARE YOU BASICALLY SAYING THAT THIS IS, THAT THIS IS A WORST CASE? UH, FOR, FOR REVENUE? THIS IS THE WORST THAT YOU'LL SEE FOR THIS YEAR.
I CAN'T PROMISE NEXT YEAR, SIR.
THIS, AND WHAT YOU'VE SEEN IS ALL OF THE FUNDING REQUESTS WERE 5 MILLION, 4 MILLION, 5 MILLION, 5 MILLION IN THE GENERAL FUND TO GO.
AND THERE ARE SOME PLACES OVER HERE AND THERE ARE A BUNCH OF THINGS OVER IN HERE THAT WE'LL BE LOOKING AT TO COME BACK TO BRING THEM TOGETHER.
IT'LL TAKE ANOTHER, IT'LL BE ANOTHER MONTH BEFORE YOU HAVE A REAL CLEAR PICTURE OF, UH, HOW MANY FIRE TRUCKS, TRUCKS CHIEF MY ADDICO GETS AND SO FORTH.
THE, SO-CALLED REVENUE NEUTRAL CHANGES FROM LAST YEAR.
UM, BACK TO JOHN'S QUESTION WASN'T THAT'S WHAT I HEARD.
IT WAS SUPPOSED TO BE REVENUE NEUTRAL.
WHAT IS, SIR, THE LAST YEAR'S TAX RATE ADJUSTMENT, IT WAS TO BE NET REVENUE NEUTRAL.
HOWEVER, UM, I JUST HEARD THERE WAS AN INCREASE IN EXEMPTION SIMULTANEOUS WITH THE REDUCTION OF THE TAX RATE.
[02:30:02]
INCREASE IN EXEMPTIONS MODELED LIKE THEY IMPACTED THIS INCREASE IN EXEMPTIONS IS GONNA BE SOME NUMBER AND THAT WAS PART OF THE REVENUE NEUTRAL? UH, THE REVENUE NEUTRAL IS COMPUTED BY THE COMMISSIONER, AND THAT IS SEPARATE FROM ANY EXEMPTIONS THAT THE BOARD GRANTS.SO THE, SO THIS EFFECTIVELY THIS REDUCTION OF REAL PROPERTY TAX REVENUE IS PROBABLY ATTRIBUTABLE TO EXEMPTIONS BEING INCREASED.
THAT'S 'CAUSE IF YOU ASSUME THAT'S, THAT'S SHE WAS CORRECT ABOUT THE REVENUE NEUTRAL IF HER CALCULATIONS WERE CORRECT.
AND THIS, THIS REDUCTION OF A NINE AND A HALF DOLLARS IS BECAUSE OF INCREASE IN EXEMPTIONS.
AND JUST TO CLARIFY, THE UM, REDUCTION IN THE REAL ESTATE TOOK PLACE IN FISCAL YEAR 23, I'M SORRY, FOR FISCAL YEAR 24.
AND THE EXEMPTIONS ARE APPLIED FOR FISCAL YEAR 25.
SO WE DIDN'T SEE THE IMPACT OF THOSE INCREASED EXEMPTIONS IN FY 24, BUT YOU WILL HEAR, CORRECT.
AND, UH, YOU KNOW, I GUESS I'M NOT, I'M ASKING WHAT, WHAT MODELING OR ANALYSIS WAS DONE TO ESTIMATE THE IMPACT OF THOSE, OF THOSE INCREASED EXEMPTIONS? I MEAN, WELL, CORRECT ME IF I'M WRONG.
I THINK THE ONLY INCREASE IN EXEMPTIONS WAS FOR OUR SENIORS, SENIORS AND VETERANS.
AND THAT WAS OUR, BECAUSE THOSE, UM, RATES HAD NOT BEEN LOOKED AT FOR ALMOST 10 YEARS, MAYBE EIGHT YEARS, ABOUT 10 10 WAS IT, SO THAT, THOSE WOULD BE THE ONLY EXEMPTIONS THAT WE IT DID.
WAS IT EXPECTED THAT, THAT IT WOULD'VE IMPACT THE REVENUE? YES, CERTAINLY.
UM, SHE, SHE DOESN'T KNOW BY CHANGING THE INCOME A LITTLE BIT, HOW MANY MORE EXEC, UH, ELIGIBLES THERE WILL BE.
SO THERE WAS NOT A, UH, THERE WAS NOT A CLEAR, UH, NUMBER TO, TO LOOK AT.
AND WE'RE, UM, WE'RE TALKING, WE'RE UNDER 5% IN THE DIFFERENCE.
IT'S AN IMPORTANT DIFFERENCE, BUT IT'S UNDER 5%
WELL, IT, IT IS AN IMPORTANT DIFFERENCE.
BECAUSE RIGHT NOW, IF, IF CLEAR, YOU KNOW, AGAIN, THIS IS JUST GONNA BE AN ESTIMATE, BUT CLEAR GOV SAYS THAT OUR, THE BUDGET THAT WE'RE LOOKING AT IS $3.1 MILLION MORE THAN OUR, UM, ESTIMATED, UM, REVENUE.
SO, YOU KNOW, WE HAVE TO TRIM BACK $3.1 MILLION IN WHAT I'VE SEEN.
I THINK THERE'S POTENTIAL TO DO THAT.
UM, AND JUST TO CLARIFY, UM, GOING OFF OF THE COMMISSIONER'S, UM, ANALYSIS BASED OFF OF A TAX RATE OF 49 CENTS, THE TAX RELIEF FOR THE VETERANS, UH, AND ELDERLY WAS 31, UM, I'M SORRY, IT WAS 900, $930,880.
THE LAND USE WAS $1,574,148 AND 52 CENTS.
SO THE OVERALL TAX ESTIMATE FOR 24 IS 33.9 MILLION.
SO WITH THOSE LAND USE TAX EXEMPTIONS, THAT'S WHAT PROVIDES US WITH THE TOTAL OH, THAT'S ESTIMATED REVENUE OF 31 MILLION.
I PROBABLY NEED TO GET WITH YOU TO UNDERSTAND THAT.
I CAN FORWARD YOU THIS EMAIL FROM THE COMMISSIONER THAT PROVIDES THIS FOR US.
THAT'S WHAT THE RATE, THE PACKAGE, THE WHOLE YEAH.
THE RATE WAS, BUT THE WHOLE BIG PICTURE WASN'T, I DON'T KNOW IF WE KNEW HOW MUCH TAX RELIEF WAS GOING TO BE.
UH, BECAUSE WE, WE DIDN'T KNOW HOW MANY NEW PEOPLE WERE GONNA BE ELIGIBLE.
AND, AND AN INCREASE FOR 24 RATHER THAN FOR 23.
AND IT'S BASED ON, UM, THE ELIGIBILITY'S BASED ON INCOME RATHER THAN ASSETS.
I MEAN, IT WAS JUST, IT JUST, IT WASN'T EITHER DIFFICULT OR IMPOSSIBLE TO PROJECT IT.
[02:35:01]
OKAY.BUT NEVERTHELESS, IT'S GOOD FOR PEOPLE TO KNOW THAT AND IT'S A GOOD THING TO DO.
OUR SENIORS AND VETERANS NEED THAT RELIEF.
SO THERE'S NO QUESTION ABOUT THAT.
BUT THE FACT THAT IT MATERIALLY AFFECTED OUR, OUR SITUATION IS RELEVANT INFORMATION SURE.
AND IF YOU TAKE A LOOK AT CLEAR GOV, IF YOU WANNA LOOK AT THAT COMMENT, I PUT THAT ESTIMATION IN THE, IN THE COMMENT SECTION OF THE REVENUE FOR ANTICIPATED REAL ESTATE.
SO IF I LOOK AT GENERAL FUND, I SEE, UM, 5 MILLION DELTA.
IF I LOOK AT CAPITAL OF THE ASSET, I SEE FOUR AND A HALF.
THAT'S NINE AND A HALF, THEN I SEE ANOTHER 3.2.
11, $12 THAT, THAT'S WHAT I, AND WE DON'T KNOWS, AND WE DON'T KNOW SCHOOL YET.
THE SCHOOL CONTRIBUTION FROM LAST YEAR IS, UH, PLACEHOLDER AND EXPENDITURES RIGHT NOW.
SO IT WILL BE THE INCREASE THAT YOU'RE LOOKING AT.
WELL PLUS THAT INCREASE, SO FIRST TIME SITTING HERE, THAT'S NOT, UH, TAKEN IN CONSIDERATION.
THE UNFUNDED MANDATES THAT GET THROWN AT US RIGHT AFTER WE FIX OUR BUDGET.
IT SEEMS TO HAPPEN EVERY YEAR.
WELL, FOR WHATEVER IT'S WORTH, I THINK THIS BUDGET CYCLE HAS BEEN THE MOST TRANSPARENT CYCLE THAT WE'VE DONE.
YOU KNOW, BEFORE IT WAS JUST SPREADSHEETS.
AND NOW THAT WE HAVE THIS NEW SYSTEM, WE'RE, WE'RE ABLE TO SEE PROJECTIONS, PAST PERFORMANCE, AND, UM, SO HOPEFULLY WE'LL GET BETTER AT THOSE, THOSE TYPE OF PROJECTIONS.
THAT CONCLUDES OUR AGENDA FOR BEFORE WE ADJOURN.
ANYBODY ELSE WANTS TO COME SCHOOL BOARD TOMORROW? FIVE O'CLOCK.
FOUR O'CLOCK O'CLOCK I THINK YOU BETTER.
OKAY, SO WE'LL GET OUT BY MIDNIGHT.
WELL, BUT IT'S A PUBLIC MEETING.
IT'S A JOINT, RIGHT? IT'S A JOINT BOARD.
IF YOU WANT TO COME, LET US KNOW AND WE'LL MAKE SURE NOTED AS THE BOARD NEEDS TO BE THERE IN ADDITION TO MR. BUTLER AND DR.
IS THERE A MOTION TO ADJOURN? SECOND.