Showing posts with label budget shortfall. Show all posts
Showing posts with label budget shortfall. Show all posts

Friday, June 22, 2018

Differences of a day

Yesterday, June 21, very few of the Charter Review Board races were contested - it was looking like the Board was simply going to repeat its exact composition - which would ensure that it would meet three times a year, 22 minutes per meeting, and accomplish Nothing.

But as of Noon today, four of the five seats on the ballot are contested. Bravo to all who stepped up: Krista Lohr, Mindy Lou Simmons, Melissa Magac, Kevin T. Connelly, and Deborah Lynne LaPinska:

Screenshot 2018-06-22 at 12.25.58 PM - Edited.png

Candidates for CRB will receive an invite to share their views on the Citizens Blog. Same offer extends to all running for County Commission.

Also, this update: 

Remember how County Commissioners quite recently were saying the county "had to sell public lands" because we were facing a "major budget shortfall?" (link) 
It turns out those projections were off by a mere 1,200%, according to the Sarasota News Leader

"In late March, Sarasota County administrative staff showed the County Commission budget projections that included an estimated shortfall of $8,970,406 in the General Fund for the 2020 fiscal year, if two state ballot measures pass on Nov. 6. 
"However, because county expenses have proven lower than expected and the preliminary property value for this year is higher than anticipated, that gap has dropped to $742,512 in FY20, the board members learned this week."

Never underestimate the vagaries of economic projection!

Wednesday, May 23, 2018

Bringing an umbrella to a hurricane: Update

On Friday May 25, 2018, the Board of Sarasota County Commissioners will hold a fiscal workshop in the "Think Tank" on the third floor of the County Administration building. The workshop is open to the public, begins at 9 a.m., and will examine all facets of the Sarasota County budget, including a recent inventory of all public lands. The Board will consider selling public lands as one strategy to offset budget shortfalls.*

Updates:
A detailed article from the Sarasota News Leader: Plans call for about 200 surplus Sarasota County parcels to be turned over to one or more brokers in July for sale as soon as possible 
The Board identified more than 200 parcels of public land that could be sold immediately. Observer

The Board's review comes in the wake of prior Board decisions to take key revenue options off the table.

On June 22, 2017, the Board voted against raising millage rates for 2018.
That decision was predicated on the understanding that the Board had a better solution: A public service tax of up to 8% on electricity, natural gas, liquid petroleum and water.
On September 21, 2017, the Board voted against instituting a public service tax.
That decision was predicated on the understanding that the Board would use $5.4 million from its Economic Uncertainty Fund to balance the budget. The Board agreed it could later find ways to pare expenses, making cuts in services if necessary. 
Despite improving tourist taxes and other added revenue from new construction, and despite $5.4 million in recurring budget cuts, the County is not off the hook.

Two new state revenue referenda on the November ballot virtually guarantee that the County will be looking at large budget shortfalls in the near future. The Sarasota News Leader states:
If those pass — the result commissioners have indicated they expect — then the board would be looking at finding money to eliminate a shortfall of $8,970,406 in its FY20 budget and an even larger hole — about $10.3 million — in the FY21 budget.
One referendum increases the homestead exemption from $50,000 to $75,000, which is estimated will cost Broward County $32 million in annual revenue. The other referendum makes permanent a cap on increases on non-homestead property assessments. Both involve amending the state Constitution, so both are on the ballot.

As property values have risen, the county's ad valorem revenues have risen as well:

Graphic courtesy of the Sarasota News Leader

Despite the ad valorem increase and the cuts made to parks, libraries, other public services, Friday's workshop focus is on selling public lands. This is like opening an umbrella before a hurricane.

The county needs a realistic strategy, given the extraordinary shortfalls looming:


The Board is facing a new fiscal reality, yet it appears not to have begun to address it. It is looking to sell public lands -- a one-time, market-sensitive, relatively small-revenue option -- rather than examining systemic, recurring revenue options such as millage or impact fee increases, or through a public service fee.

At a public talk he gave recently, former Commissioner Jon Thaxton said that the sale of public lands is not the first thing a Board does -- indeed it should be the last. The bar in the public interest should be "extraordinarily high" before public land should be sold, he added.

Now might be a good time for our officials to close their cocktail umbrellas and take an honest look at current growth patterns and what's coming down the road. With the state's egregious electoral giveaway, local governments are looking at serious budget pain. Examine realistic provisions now and bite the bullet.
*Note: Friday's workshop is a review of all public lands with an eye toward selling those which staff identifies as neither necessary nor significant for possible future use. So far, the public lands known as "the Quads" near the Celery Fields are not part of this review. They are on hold as a citizens group (The Fresh Start Initiative) works with the County on constructive, community-friendly proposals for at least two of those parcels.
The Think Tank Workshop should be available for viewing online.

All accessible links to the Sarasota News Leader courtesy of the publisher.

Tuesday, November 28, 2017

Board acts on surplus public lands at Celery Fields

This a bare-bones report of the Board's actions today, Nov. 28th, on three parcels near the Celery Fields known as "the Quads." The Commissioners and Interim Administrator Jonathan Lewis deliberated at length as to how they might realize funds from the sale of the parcels to address a $5.4 million shortfall in the County's budget.
Public parcels at Apex and Palmer Blvd.

Each of the three parcels brought a somewhat different decision:

  • SE Parcel - #1 (immediately adjacent to Celery Fields). 
    • Take off surplus temporarily - with stipulation that community bring possible uses to staff -- passed 5-0.
  • NW Parcel - #3 (with temporary fire station). 
    • Leave on surplus list - rezone it to a comp plan-compliant district using an independent consultant  --passed 5-0.
  • SW Parcel - #2 ("Gabbert" parcel - most difficult to decide). 
    • Remain on surplus list - community organizations to come back with realistic options for use before put it out for sale -- 6-month timeline - pass 4-1 (Detert voted no, unhappy with timeline stipulation.)



The Board also voted unanimously to sell a property at Washington Blvd. and Main Street without restrictions. It's currently a parking lot on the NE corner of Washington and Main St.

This particular sale is projected to realize approximately $4 million).




Jonathan Lewis's Recap of this portion of the meeting:



A joint statement from the supporters of the Fresh Start Initiative -- a proposal for a workshop that would establish a community-based consensus for these public lands -- was read into the record.

The Board's decision showed a willingness to receive suggestions from the Community. This is not quite the same thing as developing a coherent, informed long-term vision for the entire Celery Fields area, but it's a beginning.