Change in major fund
What the county recorded
This item is not from the published agenda
This archive found it in the recording: a call to order, a recess, or business the board never listed. The county recorded nothing about it, so everything below is our reading.
The source document
The county’s agenda for Board of County Commissioners, Jul 7, 2026
The published PDF. Its text could not be extracted, because it is an image-only scan, so nothing in it is searchable here. It still reads normally.
What was said
Machine transcription of 5m of recording, with speaker names inferred from voice matching. 15% of 13 lines carry a name. It shows what was said, not what was decided, and both the words and the names can be wrong.
All right, so here is a slide with a whole lot of numbers for you guys. Alright, so what we're looking at is the change in major fund. So the first thing I'd like to do is give a real quick 30-second definition of major fund. And so the Florida Government Finance Officers Association defines a major fund as one that takes up at least 10% of your overall budget. Now you'll look here and you'll say, well, Amy, I don't know that you're that good at math because the Tourism Development Tax Fund does not appear to hit that 10%
threat. to which I would say you're right, but we like to talk about this fund because we know it's very important to the board. We've already had some discussions about it this morning, so we include that one as well. So think of this as not just FGFOA recommended major funds, but also things that we know are important to our board, so we like to come and talk about them. I do have a separate slide to help us walk through What's happening with the general fund and the municipal service fund as it relates to the Fire and Rescue MSTU fund. So I'm gonna
hold off on those three funds right now and we'll just not talk high level about the other ones. So what is embedded in all of these funds is a three percent wage increase. as well as some business plan initiatives that the county administrator is considering to recommend to the board. And now there's still a lot of conversations and decisions that need to be made about how we're gonna handle new spending, um, especially in light of the November uh ballot initiative
for tax reform, right? So uh important to remember that um there's a lot of modeling happening with our budget right now. And it's still kind of iterative and a little bit fluid as we're figuring out the best ways to handle those types of things and we do have a couple months before uh the hearings to really kind of fine-tune that. So those are some of the base assumptions in here. Uh
So now let's talk about
the three biggest muscle movements that are occurring. Now I want you to remember that I used words like modeling when we're looking at our funds because there's some numbers that might seem a little incongruent with slides that we have been looking at. So let's talk about big picture. Here's what's happening general fund and fire rescue MSTU. So the board approved an ordinance that allows the FIRE MSTU to also have rescue-related expenses. Now we have not changed millage
rates. We're holding millage rates the same as 26 adopted, but we were able to move the rescue-related revenues and expenses into the fire MSTU and use some of their reserve amounts. And so it looked very confusing on the previous screen when you see roughly $35 million decreasing for the general and municipal services funds, which housed some of those expenses. And then the rescue increase appeared to be a little bit more. Well, cause the only thing happening in the general fund wasn't just that rescue maneuver. We've got increases to the sheriff,
increases to corrections, um We have some increases to facilities every time we grow our square footage. We need to increase our contracts for maintaining those square footage. Um Now. Now you're saying, Amy, that sheriff number is eleven point seven. Yep, I'm gonna say yep, yep it is. Now the recommendation was the seven six, but when we model, we like to model aggressive expenses. So we modelled as if We were gonna move with the forty percent of the six point eight increase in taxable
assessed value. Now, just remember all of this is subject to final discussions and final determinations and then it'll get fine-tuned as we move as we move on. Now what's happening in the fire and rescue MSC? Well 59 million of the rescue related expenses have shifted, but we're also looking at fully funding D shift. So that'll be fully live for a whole year. We've got wage and retirement increases, and you'll remember that our fire and rescue team is impacted by that special
risk. uh retirement bit that the sheriff was that we were talking about related to the sheriff's budget, so we did see an increase in those retirement rates, um staffing of station four, and then staffing of a new fire truck at station twenty-four.
Amy? Yes. What what are the X anticipated increases for the retirement? With what percentage?
I will get back to you team. Can you pull that? I know we have that somewhere.
Good to bring it out. Okay, good cool. Thank you.