Cape Elizabeth Finance Committee Workshop and Town Council Special Meeting

Agenda Thursday, April 25, 2019

Following the Finance Committee Meeting
at 7:00 p.m.

Workshop to Follow - (workshop not televised)

Cape Elizabeth Town Hall - Council Chambers

 

James M. "Jamie" Garvin, Chairman
Valerie J. Deveraux
                                        Jeremy A. Gabrielson
         Caitlin R. Jordan
Penelope A. Jordan
Valerie A. Randall
Christopher M. Straw

 

 

Convening by Christopher Straw, Finance Committee Chairman

Opportunity for Public Comment (Limited to 15 minutes; 3 minutes per person. Time may be extended by a majority of the town council.)

Wrap Up - This workshop is an opportunity for the finance committee to discuss any pending items from the budget review of the municipal and school budgets. – Link to all Budget Documents

 

Closing Comments by Christopher Straw, Finance Committee Chairman

Next Meetings

May 6, 2019 – The budget public hearing will be held at a special town council meeting. It is anticipated the special funds will be voted on.
May 13, 2019 – The regular town council meeting will be held and vote on the FY 2020 municipal budget and school budget. The school budget validation election will be held on June 11.

Adjournment

 

Convening by Town Council Chairman James M. “Jamie” Garvin.

The Pledge of Allegiance to the Flag

Roll Call by the Town Clerk

Citizen Opportunity for Discussion of Items Not on the Agenda

Note: The special meeting will convene following the finance committee meeting which begins at 7:00 p.m. Workshop to follow.

 

Item #76-2019            Fiscal Year 2020 General Fund Budget – Motion to Set Public Hearing
                                    Link to all Budget Documents

Opportunity for Public Comment (Limited to 15 minutes; 3 minutes per person. Time may be extended by a majority of the town council.)

Draft Motion

Moved by and Seconded by  
ORDERED, The Cape Elizabeth Town Council does hereby schedule a public hearing for Monday, May 6, 2019 at 7:00 p.m. (following the finance committee meeting) at the Cape Elizabeth Town Hall on the proposed FY 2020 general fund budget for the Town of Cape Elizabeth, Maine with proposed expenditures of $42,035,485, estimated non property tax revenues of $7,911,887 with $34,123,598 to be raised from property taxes.  This budget would result in an estimated tax rate of $19.76 per thousand valuation.

         
  FY 2019 FY 2020 $ Change % Change
   BUDGET  BUDGET FY 19  to FY 20 FY 19 to FY 20
EXPENDITURES        
TOTAL MUNICIPAL  $      12,368,374  $      13,388,395  $        1,020,021 8.2%
COUNTY ASSESSMENT  $        1,392,240  $        1,456,670  $             64,430 4.6%
Local Homestead Exemption  $           300,000  $           300,000  $                    -   0.0%
SCHOOL DEPARTMENT  $      25,392,276  $      26,890,420  $        1,498,144 5.9%
   $      39,452,890  $      42,035,485  $        2,582,595 6.5%
         
REVENUE        
TOTAL MUNICIPAL  $        5,032,007  $        5,513,400  $           481,393 9.6%
FWP PAY AND DISPLAY REVENUE    $           300,000  $           300,000  
SCHOOL DEPARTMENT  $        1,768,977  $        2,098,487  $           329,510 18.6%
TOTAL  $        6,800,984  $        7,911,887  $        1,110,903 16.3%
         
NET TO TAXES        
TOWN  SERVICES  $        7,336,367  $        7,574,995  $           238,628 3.3%
Local Homestead Exemption  $           300,000  $           300,000  $                    -   0.0%
COUNTY ASSESSMENT  $        1,392,240  $        1,456,670  $             64,430 4.6%
SCHOOL DEPARTMENT  $      23,623,299  $      24,791,933  $        1,168,634 4.9%
TOTAL  $      32,651,906  $      34,123,598  $        1,471,692 4.5%
         
TAX RATES (Rounded to nearest ¢)        
 Local Homestead Exemption  $                0.17  $                0.17  $                    -   0.0%
TOTAL MUNICIPAL  $                4.27  $                4.39  $                0.11 2.6%
COUNTY ASSESSMENT  $                0.81  $                0.84  $                0.03 4.0%
SCHOOL DEPARTMENT  $              13.76  $              14.36  $                0.60 4.4%
TOTAL  $              19.02  $              19.76  $                0.74 3.9%
         
TAX RATE VALUATION BASIS  $ 1,716,471,800  $ 1,727,000,000  $  10,528,200.00 0.6%


Item #77-2019            Fiscal Year 2020 Special Fund Budgets – Motion to Set Public Hearing

Opportunity for Public Comment (Limited to 15 minutes; 3 minutes per person. Time may be extended by a majority of the town council.)

Draft Motion

Moved by and Seconded by 
ORDERED, The Cape Elizabeth Town Council does hereby schedule a public hearing for Monday, May 6, 2019 at 7:00 p.m. (following the finance committee meeting) at the Cape Elizabeth Town Hall on the proposed FY 2020 special fund budgets for the Town of Cape Elizabeth, Maine.
           

  Budget Estimated Budget Estimated Budget $ Change % Change
Expenditures FY 2018 FY 2018 FY 2019 FY 2019 FY 2020 2019 to 2020 2019 to 2020
Cape Elizabeth Rescue Fund   $   447,336  $   429,161  $   539,200  $   529,700  $   549,917  $      10,717 2.0%
Cape Elizabeth Sewer Fund  $2,099,300  $2,178,559  $2,161,346  $2,025,045  $2,112,871  $    (48,475) -2.2%
Spurwink Church Fund  $       9,209  $       7,990  $     10,491  $       6,859  $     10,491  $             -   0.0%
Riverside Cemetery Fund  $     57,328  $     54,235  $     66,589  $     59,362  $     56,043  $    (10,546) -15.8%
Fort Williams Park Capital Fund  $   264,135  $   258,885  $   173,246  $   170,398  $   290,975  $    117,729 68.0%
Portland Head Light Fund  $   560,643  $   615,663  $   628,035  $   635,000  $   670,241  $      42,206 6.7%
Thomas Jordan Fund  $     52,035  $     12,035  $     37,035  $     11,910  $     37,035  $             -   0.0%
Infrastructure Improvement Fund   $            -    $            -    $            -        $             -   #DIV/0!
Land Acquisition Fund   $            -    $            -    $   167,714  $   167,714  $            -    $   (167,714) -100.0%
Senior Citizen Tax Relief      $     75,000  $     65,000  $     75,000  $             -   0.0%
Use of General Fund carry Forward  $   317,400  $   317,400  $   375,000  $   375,000  $   375,000  $             -   0.0%
Total Budget  $3,807,386  $3,873,928  $4,233,656  $4,045,988  $4,177,573  $    (56,083) -1.3%
               
  Budget Estimated Budget Estimated Budget $ Change % Change
Revenues  FY 2018 FY 2018 FY 2019 FY 2019 FY 2020 2019 to 2020 2019 to 2020
Cape Elizabeth Rescue Fund   $   390,000  $   280,000  $   300,000  $   310,000  $   325,000  $      25,000 8.3%
Cape Elizabeth Sewer Fund  $2,028,300  $2,040,270  $2,032,300  $2,032,000  $2,040,300  $        8,000 0.4%
Spurwink Church Fund  $       4,700  $         900  $       1,200  $       1,200  $       1,200  $             -   0.0%
Riverside Cemetery Fund  $     44,300  $     69,000  $     67,000  $     68,000  $     66,000  $      (1,000) -1.5%
Fort Williams Park Capital Fund  $   201,355  $   204,225  $   199,800  $   216,700  $   270,700  $      70,900 35.5%
Portland Head Light Fund  $   576,000  $   676,000  $   636,000  $   708,900  $   688,200  $      52,200 8.2%
Thomas Jordan Fund  $     40,000  $     40,000  $     40,000  $     40,000  $     40,000  $             -   0.0%
Infrastructure Improvement Fund   $            -    $            -    $            -    $            -    $            -    $             -   0.0%
Land Acquisition Fund   $     32,914  $     32,914  $   112,914  $     32,914  $     32,914  $    (80,000) -70.9%
Total Revenues  $3,317,569  $3,343,309  $3,389,214  $3,409,714  $3,464,314  $      75,100 2.2%


             Citizens may at this point in the meeting raise any topic that is not on the agenda that pertains       
       to Cape Elizabeth local government.

Adjournment