[00:00:05]
          EVENING, LADIES AND GENTLEMEN. WELCOME TO THIS VILLAGE OF INDIANTOWN VILLAGE COUNCIL WORKSHOP. THIS JULY, THE 25TH, 2024. IF WE COULD HAVE OUR ROLL CALL, PLEASE. MAYOR GIBBS. 
          [ROLL CALL]
THOMAS HERE, VICE MAYOR PEREZ HERE. COUNCIL MEMBER DEPAULO HERE. COUNCIL MEMBER. HERNANDEZ HERE. COUNCIL MEMBER. PALMER HERE. OUR INVOCATION. THIS EVENING. THIS INVOCATION. THE 
          [INVOCATION]
INVOCATION THIS EVENING WILL BE GIVEN BY MYSELF. IF EVERYONE WOULD PLEASE JUST RISE AND FOR IT AND REMAIN STANDING FOR THE PLEDGE OF ALLEGIANCE. COME. I'M CALLING ON YOU. OKAY DEAR HEAVENLY FATHER, WE COME TO YOU THIS EVENING JUST PRAISING YOU AND THANKING YOU FOR WHO YOU ARE AND WHAT YOU DO FOR US. LORD, THANK YOU FOR THIS GATHERING. HELP US AS WE WORK THROUGH ISSUES FOR THE GOOD OF EVERYONE IN INDIAN TOWN. CLEAR OUR MINDS AND GIVE US A CLEAR THOUGHT AND CLEAR SPEECH. WE ASK THIS IN JESUS NAME. AMEN I PLEDGE ALLEGIANCE TO THE FLAG OF THE 
          [PLEDGE OF ALLEGIANCE]
UNITED STATES OF AMERICA, AND TO THE REPUBLIC FOR WHICH IT STANDS. ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL. OKAY, WE'RE MOVING RIGHT INTO A DISCUSSION 
          [1.  Fiscal Year 2024-2025 (FY25) Budget Workshop
]
ITEM, ITEM NUMBER ONE. OUR FISCAL YEAR 2024 2025 BUDGET, YES. COUNCIL MEMBERS, MR. FLORIO AND I HAVE BEEN WORKING TO PUT TOGETHER VARIOUS INFORMATION FOR THE COUNCIL FOR THEIR CONSIDERATION. SO, RENEE, ARE YOU GOING TO. ARE YOU GOING TO DRIVE? YEAH DO YOU WANT TO DRIVE THE POWERPOINT? DO YOU MIND? BECAUSE I'LL JUST STAY HERE INSTEAD OF STANDING UP, AND WHENEVER YOU WANT TO PIPE IN, KIND OF BE A TAG TEAM TONIGHT. SO, IN HERE, WE'RE GOING TO COVER A FEW THINGS. WE'VE GOT AN OVERVIEW. WE'VE GOT YOUR PARCEL BREAKDOWN, SOME TAXABLE VALUES. 
          WE'VE GOT, THE VILLAGE, TAXABLE VALUES, YOUR TAX COLLECTION BY SOURCE, DIFFERENT MILLAGE RATE RECOMMENDATIONS. AND THEN WE GO INTO SOME COMPARISONS WHICH THE VILLAGE WILL BE ABLE TO SEE BY POPULATION, BY TAXABLE VALUE, BY MILLAGE RATE AND BY AD VALOREM REVENUE COLLECTION. THESE NUMBERS ARE ALL BASED ON YOUR NEW TAX BASE THAT WE RECEIVED ON JULY 1ST FROM THE PROPERTY APPRAISER. UTILIZING THE EXISTING MILLAGE RATE OF 1.6304. SO NEXT SLIDE, RENEE, YOU CAN PASS THAT ONE. THEY'VE GOT THE PRESENTATION THERE AND WE CAN MAKE MORE COPIES IF ANYBODY WOULD LIKE THEM. SO THE FIRST IS JUST BREAKING DOWN WHAT YOU RECEIVED IN, NEW CONSTRUCTION AND RESIDENTIAL. AND THEN WE REFLECT THAT 5.3 INCREASE. BUT MR. FLORIO AND I HAVE BEEN GOING BACK AND FORTH. IF IT'S 5.3 OR 5.7, BUT IT'S IN THAT BALLPARK, THE DIFFERENCE BETWEEN JUST VALUE AND TAXABLE VALUE IS, JUST VALUE IS THE VALUE OF THE PROPERTY WITHOUT ANY EXEMPTIONS. 
          AND SO ONCE YOU TAKE INTO EFFECT THE EXEMPTIONS, THERE'S A 13.9% DIFFERENCE BETWEEN THAT JUST VALUE IN YOUR EXEMPTIONS. WHICH REALLY MEANS IF WE DIDN'T HAVE ANY EXEMPTIONS AVAILABLE TO THOSE THAT ARE HOMESTEAD, YOU'D HAVE ANOTHER $652,780 THAT YOU WOULD REALIZE. SO THIS JUST SHOWS YOU HOW THAT EVERY TIME THEY DO A HOMESTEAD EXEMPTION, IT SHIFTS THAT THAT RESPONSIBILITY OVER TO THOSE THAT ARE NON HOMESTEAD. THE NEXT NEXT SLIDE. THIS ONE SHOWS YOU IN THE VILLAGE WE HAVE 2856 PARCELS. AND YOU CAN SEE THE BREAKDOWN ON THAT. THE DARK RED PORTION OF THIS PIE IS ALL RESIDENTIAL. IT'S 68.8%, PERSONAL PROPERTY IS THE YELLOW PIE. THAT'S 18.6%. AND THEN YOU HAVE YOUR INSTITUTIONAL GOVERNMENT, WHICH MAKES UP 2.1%, AND THEN YOU HAVE YOUR AG OR NON AG ACREAGE, WHICH IS 3.4%. AND THEN YOU HAVE YOUR COMMERCIAL INDUSTRIAL MISCELLANEOUS, WHICH MAKES UP 7.1%. AND THE REASON THIS IS, IS, IS AN INTERESTING CHART FOR ME IS REMEMBER THAT BIG RED PIECE ON THIS CHART. AND THEN WHEN WE GO TO THE TWO CHARTS DOWN YOU'LL SEE SOME OTHER NUMBERS. SO THE NEXT CHART RENEE THANK YOU. AND THE NEXT 
          [00:05:03]
CHART IS JUST SHOWING YOU WHAT THE DIFFERENCE WAS IN YOUR TAX BASE. AND IT DEMONSTRATES THOSE TWO YEARS WHEN THE TAX BASE ACTUALLY DROPPED AND THE AMOUNT AND WHAT THE DIFFERENCE WAS. AND SO, THAT DIFFERENCE IS WHAT WE ARE KIND OF FOCUSING ON THIS EVENING. SO NEXT SLIDE. THANK YOU. SO THIS IS A BREAKDOWN OF YOUR TAXABLE VALUES. THIS IS THE VALUE THAT THAT IS REPRESENTS WHAT PEOPLE OR INDIVIDUALS OR COMPANIES OR ARE PAYING ON THEIR TAX TAXABLE VALUE. SO THE BIG YELLOW PIECE HERE ON TAXABLE VALUES IS YOUR PERSONAL PROPERTY. AND A GOOD PORTION OF THAT IS FPL. AND THEN THE OTHER PORTION WOULD BE MARINAS COMMERCIAL INDUSTRIAL PROPERTIES. THOSE AGAIN THAT ARE NOT HOMESTEAD. AND THEN RESIDENTIAL. IF YOU SEE THEIR TAX BASE IS ROUGHLY 5.7% OF THE BIG PIE, AND THEN THEY ALL GO ACCORDINGLY WITH THE 7.5 IN INDUSTRIAL AND, COMMERCIAL AND THEN 1.3 IN THE AG AREA AND THEN A SMALL PORTION IN INSTITUTIONAL AND GOVERNMENTAL. SO A LARGE PART OF THE VILLAGE'S TAX BASE IS MADE UP OF NON RESIDENTIAL, ESSENTIALLY, SO WHEN YOU GO BACK TO THAT OTHER ONE IT'S KIND OF TELLING. SO NEXT WE HAVE THE BREAKDOWN OF YOUR AD VALOREM TAX REVENUE. AND WE, WE TALK ABOUT 95% ONLY BECAUSE THE STATE REQUIRES US TO REPORT THAT WAY. AND THAT'S HOW YOUR BUDGET WILL BE STRUCTURED. SO AGAIN, WHEN YOU LOOK AT THIS YOU SEE THAT 85.6% OF THE TAXES THAT ARE PAID IN THAT 3.6 MILLION ARE PERSONAL PROPERTY. RESIDENTIAL REPRESENTS 5.7%, OR A LITTLE OVER $200,000 FROM THAT 3.6 MILLION. AND THEN YOU GO, YOU GO ON. AND OF COURSE, THE INSTITUTIONAL AND GOVERNMENTAL IS LESS THAN 1% BECAUSE THEY'RE EXEMPT, A LOT. AND THEN YOUR COMMERCIAL AND INDUSTRIAL IS 7.4%, AND THAT'S $270,000 THAT GETS PAID. SO AGAIN, THIS PERSONAL PROPERTY, YOU KNOW, IT'S THINGS THAT ARE, LIKE, BLUE STREAM IF THEY'RE FIBER THAT THEY HAVE INVENTORY, IT'S FPNL, IT'S ALL THE EQUIPMENT. IT'S ALL THE VARIOUS THINGS THAT ARE WITHIN THE, THE VILLAGE BOUNDARIES HERE THAT THEY PAY TAXES ON. SO THE NEXT SLIDE, RENE. THANK YOU. SO YOUR MILLAGE RATE IS THE VILLAGE'S TAX RATE. AND IT HAS BEEN 1.6304 SINCE 2019. THE MILLAGE RATE STAYED CONSTANT WHEN THE TAXABLE VALUES DECREASED, WHICH CREATED A ANOMALY FOR THE VILLAGE WHERE OVER THE TWO YEARS THERE WAS $136,000 LESS COLLECTED IN TAXE. IT WOULD HAVE BEEN HIGHER TAX RATE IF THEY WOULD HAVE GONE TO WHAT THEY CALL ROLLBACK RATE. AND ROLLBACK RATE IS REALLY WHAT IS THE MILLAGE RATE TAX RATE THAT YOU NEED IN ORDER TO GENERATE THE SAME AMOUNT OF REVENUES FROM THE YEAR BEFORE? AND THAT'S A CALCULATION YOU'RE REQUIRED TO DO EVERY YEAR. BUT IN THOSE TWO YEARS, THEY ACTUALLY KEPT THE MILLAGE CONSTANT. SO WE LOST REVENUE. HAD THEY GONE TO THAT HIGHER ROLLBACK RATE AND KEPT THAT CONSTANT, YOU WOULD HAVE ANOTHER $458,000 IN YOUR BUDGET TODAY. 
          AND SO THAT'S WHY GOING INTO THIS STAFF'S RECOMMENDATION IS TO RECAPTURE THAT THOSE MONIES THAT WERE NOT CAPTURED AND HAVE YOUR MILLAGE AT 1.825 NOW, BEFORE YOU MAKE ANY YOUR MIND UP ON ANY MILLAGE INCREASE, WE HAVE SOME OTHER CHARTS THAT I THINK SHOULD ALSO BE REVIEWED. SO THE NEXT SLIDE SHOWS YOU THAT VARIOUS MILLAGE OPTIONS YOU COULD GO, YOU KNOW, 8%, 10% WHATEVER NUMBER YOU WANT. AND YOU CAN SEE THE DIFFERENCE THAT WOULD BE REALIZED. IN DOING THAT ABOVE AND BEYOND WHAT YOU HAVE TODAY. AND THEN THE NEXT SLIDE IS, A BREAKDOWN, FURTHER BREAKDOWN. IF YOU WANTED TO GO WITH A HALF A MILL INCREASE OR A 0.75 MILLAGE RATE INCREASE OR A WHOLE MILLAGE, NOW WE'RE NOT RECOMMENDING THAT. WE JUST WANTED TO BE ABLE TO SHOW YOU THAT IF YOU HAVE A HOME THAT'S VALUED AT 75,000, YOUR CURRENT TAXES THAT YOU'RE PAYING TO THE 
          [00:10:01]
VILLAGE IS $116.17. AND IF YOU GO UP TO THE 1.825 THAT WE'RE RECOMMENDING, YOU'RE GOING TO PAY AN EXTRA $13 A YEAR TO THE VILLAGE IN TAXES. NEXT SLIDE PLEASE. SO A LOT OF THESE CHARTS GO INTO COMPARING WITH OTHER MUNICIPALITIES. BUT YOU GOT TO KEEP IN MIND THAT WHEN YOU'RE DOING THAT YOU KNOW IT'S LOCATION, IT'S ARE THEY A COASTAL. ARE THEY INLAND. ARE THEY RURAL. WHAT WHAT ARE THE VERY THE VARIABLES THAT YOU'RE DEALING WITH. THE DEMOGRAPHICS. 
          HOW MUCH TANGIBLE PERSONAL PROPERTY DO THEY HAVE. AND WE HEARD MR. BOSE SAY WHEN WE WERE TALKING ABOUT THIS, AT ONE OF THE OTHER MEETINGS WITH ALL THE EXPERIENCE THAT HE HAS, THE VILLAGE'S AN ANOMALY WITH THE AMOUNT OF TANGIBLE PERSONAL PROPERTY THAT WE HAVE IN OUR TAX BASE, AND YOU GOT TO LOOK AT YOUR EXEMPTIONS. YOU GOT TO LOOK AT WHAT MUNICIPAL SERVICES ARE BEING PROVIDED, WHETHER THEY HAVE ELECTRIC COMPANY OR POLICE DEPARTMENT, NATURAL GAS, SOLID WASTE, AN AIRPORT, SO I AM PROVIDING THOSE OTHER COMPARISONS TO YOU SO THAT YOU CAN SEE. SO FIRST WE'RE LOOKING AT THE COMPARISONS WITH THOSE MUNICIPALITIES THAT ARE IN WITHIN THE, MARTIN COUNTY. AND SO INDIANTOWN, YOU SEE THERE AT FIRST AND THEN YOU HAVE CITY STEWART, OCEAN BREEZE, THEY DO HAVE SOME PERSONAL PERSONAL PROPERTY, THERE IF MOST PEOPLE DON'T REALIZE OCEAN BREEZE ALSO ENCOMPASSES PUBLIX AND SOME OF THOSE OTHER, PROPERTIES THAT GOES FROM, INDIAN RIVER ALL THE WAY UP UP THE HILL TO THERE'S ANOTHER DEVELOPMENT UP THERE. SO THAT'S WHY THEY I WAS SURPRISED TO SEE THAT BECAUSE YOU LOOK AT SEWELL'S POINT, THEY HAVE A VERY, VERY LITTLE AMOUNT, BUT THEY DON'T REALLY HAVE ANY, ANY, ANY BIG COMPANIES OR ANYTHING LIKE THAT. SO THEN WE LOOKED AT POPULATION AND AS YOU CAN SEE, WHEN YOU LOOK AT THE TAXABLE VALUE, IT'S ALL OVER THE PLACE. WHEN YOU LOOK AT THE MILLAGE RATE, IT'S ALL OVER THE PLACE. 
          SO IT'S REALLY HARD TO SAY THAT THE VILLAGE OF INDIANTOWN IS LIKE ONE OF THESE OTHER ENTITIES, EVEN BECAUSE OUR POPULATION IS THE SAME, WE'RE NOT. AGAIN, YOUR TAX BASE IS, AN ANOMALY AND IS TO THE POINT THAT DOING THE COMPARISONS I JUST, I THOUGHT YOU NEEDED THE INFORMATION SO YOU COULD SEE THAT VARIABLE, AND THEN THE NEXT SLIDE IS, HAS SIMILAR TAXABLE VALUES. AND IT WAS INTERESTING TO ME TO SEE JUNO. JUNO BEACH. BUT THEY HAVE A COMPLETELY DIFFERENT DYNAMIC THERE WITH I DON'T THINK THEY HAVE QUITE SO MANY PEOPLE THAT ARE HOMESTEAD. 
          AND THEN IT GOES ON AND ON WITH THE VARIOUS, DIFFERENT ENTITIES AS WELL. NEXT SLIDE. RENE SO WITH THAT, MR. FLORIO, YOU WANT TO TALK ABOUT THIS ONE. MIKE WAS THE GRAPHIC PERSON I WAS. I'M THE TABLE PERSON. YEAH AND THANK YOU FOR YOUR EFFORT IN THOSE GRAPHS BECAUSE I'M A VERY VISUAL PERSON. AND LOOKING AT THINGS REALLY HELPS ME GRASP. SURE. UNDERSTAND. AND YEAH, I THINK MYSELF AS WELL, SEEING IS UNDERSTANDING AND IT MAKES IT MAKES SENSE. SO, YOU KNOW, AS THE VILLAGE MANAGER, SPOKE, I THINK, TO GREAT DETAIL, THERE'S A LOT OF DIFFERENT VARIATION WITH THE MUNICIPALITIES THAT WE'VE COMPARED. POPULATION VALUE. TAX BASE, ETC. THIS PARTICULAR CHART HERE, LOOKING AT THE SPREAD HERE AND I THINK WHAT, WHAT THE INTENT OF THIS CHART IS TO EXPLAIN IS, YOU KNO, WHERE WE ARE IN RELATION TO SOME OF OUR OTHER MUNICIPALITIES IN THIS STUDY THAT WE COMPARED TO OF THE RELATIONSHIP BETWEEN RESIDENTIAL AND, AND OTHER PROPERTY, YOU KNOW, WITHIN THE MUNICIPAL LIMITS, YOU KNOW, WE HAVE A VERY SMALL PERCENTAGE OF THE TAX BASE THAT IS ACTUALLY RESIDENTIAL, THE CORRECT NUMBER IS ACTUALLY 5.3%. I THINK WE HAD A LITTLE TYPO EARLIER. IT'S 5.3057, WE. AGAIN, ALMOST 70% OF THE PARCELS IN THE, IN THE VILLAGE ARE RESIDENTIAL PROPERTY, BUT, CONTRIBUTE ABOUT 5.3% OF THE TOTAL TAX BILL, TO THE VILLAGE. SO THAT'S, THAT'S THE CHALLENGE THAT WE'RE AT HERE. AND AGAIN, WE SPOKE ABOUT THESE OTHERS. THEY HAVE VERY DIFFERENT MIXES BETWEEN RESIDENTIAL AND NONRESIDENTIAL INDUSTRIAL, COMMERCIAL, WE'RE VERY, VERY HEAVILY WEIGHTED ON TANGIBLE PERSONAL PROPERTY HERE, YOU KNOW, IN THE VILLAGE AND ALL OF THAT IS ALMOST EXCLUSIVELY WITH FLORIDA POWER AND LIGHT. 
          OKAY. I THINK I MIGHT HAVE WENT THE WRONG DIRECTION HERE. NO, YOU'RE RIGHT, NOT THE RIGHT WAY. 
          [00:15:01]
YEP. YEAH. OKAY YEAH. ANOTHER TABLE HERE. JUST COMPARING MILLAGE RATES. THESE ARE ALL PEOPLE WHO ARE IN OUR BALLPARK. BUT AGAIN, THE TAXABLE VALUES ARE VERY DIFFERENT. POPULATIONS ARE VERY DIFFERENT, I DON'T KNOW WHAT WE HAVE NECESSARILY IN COMMON WITH SOME OF THESE OTHER CITIES. YOU KNOW, THEY HAVE AGAIN DIFFERENT COMPOSITION OF POPULATION, DIFFERENT AMOUNTS OF HOMESTEADED VERSUS COMMERCIAL RESIDENTIAL PROPERTY, IT'S JUST, I GUESS, A WAY TO KIND OF SEE WHERE WE ARE IN RELATION TO THE OTHERS AS FAR AS MILLAGE. SAME THING HERE WITH, SIMILAR AD VALOREM REVENUE. YOU CAN KIND OF SEE, YOU KNOW, IN SOME OF THESE ARE OTHER MUNICIPALITIES WHO ARE IN THE AGRICULTURAL AREA HERE, KIND OF CENTRAL WITH, I THINK, BELLE GLADE. BROOKSVILLE AND US. 
          YOU CAN SEE THE AGAIN, THE BIG DIFFERENCES IN MILLAGE THERE AND THEIR TOTAL TAXABLE VALUES. THAT THAT WE HAVE. THIS IS SPEAKING TO WHAT I WAS MENTIONING BEFORE, YOU KNOW, THE TOTAL BREAK OUT BETWEEN RESIDENTIAL AND ALL OTHER PROPERTY, THE VAST MAJORITY FOR US ON THE FAR END OF THAT GRAPH IS, RESIDENTIAL VERSUS, TANGIBLE PROPERTY AND COMMERCIAL INDUSTRIAL. THERE'S A HUGE DIFFERENCE BETWEEN ALL OTHER PROPERTIES AND RESIDENTIAL. IT'S A SMALL AMOUNT OF TOTAL TOTAL DOLLARS. AND AGAIN, THESE ARE THE OTHER, RURAL, ECONOMICALLY DISADVANTAGED COMMUNITIES THAT WE WERE ABLE TO PULL UP. YOU KNOW, OKEECHOBEE, CLEWISTON, PAHOKEE, LAKE WALES, FELLSMERE, SEBRING, VERY DIFFERENT MIX AND COMPOSITION OF THE TOTAL LEVY WITHIN THOSE COMMUNITIES OF RESIDENTIAL VERSUS NON RESIDENTIAL. AND THIS CHART HER, I THINK TO ME IS THE BEST VISUAL OF THEM ALL. AND YOU KNOW, GOING BACK TO WHAT THE VILLAGE MANAGER FIRST SAID IS YOU KNOW, WE'VE BEEN AT A GOING ON FIVE YEAR STANDSTILL WITH MILLAGE. WE ALL KNOW YOU KNOW WHAT THE COST OF BUSINESS, COST OF LIVING IS FOR EVERYONE OVER THE LAST FOUR YEARS IN PARTICULAR. DOES IMPACT EVERYONE. WE HATE TO HEAR, ANYONE ASKING THAT IT'S GOING TO OR SAYING IT'S GOING TO COST MORE OR WE NEED TO INCREASE PRICES OR WE NEED TO CHANGE THE COST AND SOMETHING. BUT, YOU KNOW, THE REALITY WITH THE VILLAGE IS WE DO NEED TO GIVE VERY SERIOUS CONSIDERATION TO THAT, WHEN WE START TALKING MORE ABOUT DETAILS AND BUDGET, YOU'RE GOING TO HEAR ABOUT SOME OF THE CHANGES IN COSTS WITH THE VILLAGE. YOU KNOW, WE HAVE HIGH WE HAVE DEBT SERVICE NOW IN THE GOVERNMENTAL FUND. WE HAVE DEBT SERVICE IN THIS BUILDING. A $200,000 A YEAR THAT WE DIDN'T HAVE LAST YEAR, WE HAVE, YOU KNOW, WE'RE NOW ABSORBING THE FULL IMPACTS OF ABOUT $200,000 LESS IN GAS TAX DISTRIBUTION THAT, YOU KNOW, IS THIS YEAR IS THE FULL FIRST YEAR FULL EFFECT. WE'VE DROPPED FROM 360 TO 125 FROM WHERE WE WERE TWO YEARS AGO, NEXT YEAR, OF COURSE, IS ANYBODY'S GUESS. BUT I WOULD THINK THAT THE ECONOMIC ENVIRONMENT MAY IMPROVE FROM THE STANDPOINT OF EASING AND INTEREST RATES. SO RIGHT NOW WE'RE GAINING THE BENEFIT OF ABOUT 5.5% OF A LOT OF OUR EXCESS CASH IN THE FLORIDA PRIME INVESTMENT POOL. BUT AGAIN, IF THINGS CHANGE, THERE'S CHANGES IN ECONOMIC POLICY. YOU KNOW, AT THE NATIONAL LEVEL, THAT MAY HAVE SOME EASING ON WHAT HAPPENS IN THE MACROECONOMIC SECTOR. AND RATES WOULD THEN DECLINE. SO THAT WOULD MEAN WE WOULD HAVE LESS INTEREST REVENUE IN 25 THAN WE HAD IN 24. SO THAT'S ANOTHER OFFSET THAT WE HAVE TO MAKE UP FOR. AND AGAIN, WE'RE STILL DEALING WITH A STATIC MILLAGE RATE, OF 1.6304 SINCE 2019. BUT THE POINT OF THIS SLIDE HERE IS TO JUST REALLY SHOW YOU THAT THE ANSWER, I THINK HERE IN INDIAN TOWN, BECAUSE OF OUR UNIQUENESS AND THE TREMENDOUS DISPARITY BETWEEN RESIDENTIAL PROPERTY AND ALL OTHER PROPERTY, PARTICULAR TANGIBLE PROPERTY, THE LONG TERM SOLUTION IS NOT TO MAKE BIG LEAPS AND JUMPS IN MILLAGE RATE. 
          YOU KNOW, WE THINK WE NEED TO CAPTURE, WHAT WE LOST IN 2021, 2022, I THINK THAT'S ONLY FAIR. 
          BASED ON THE ADDITIONAL COSTS THAT IT TAKES TO RUN THE VILLAGE AND THINGS THAT WE ARE EXPECTING, AND WE KNOW WE'RE NEEDING TO HAVE TO PAY IN ADDITION TO SOME OF THE OTHER NON ADD WARM REVENUES LIKE GAS TAX AND INTEREST EARNINGS THAT WE HAVE LOST AND THAT WE WILL LIKELY CONTINUE TO LOSE. SO YOU KNOW AGAIN WE'RE ASKING FOR A CONSIDERATION HERE TO MOVE THE MILLAGE TO THE RATE WHERE WE SHOULD HAVE BEEN FROM THAT POINT IN TIME TO THE 1.8250. BUT THE ANSWER IS THERE'S STILL SO MUCH MORE THAT THE VILLAGE NEEDS TO DO, AND WE'LL HAVE TO DO. THAT'S GOING TO HAVE TO COME FROM OTHER SOURCES THAN AD VALOREM IN THAT RED BOX. IN EACH OF THOSE CHARTS 
          [00:20:01]
ARE OUR DEAR FRIENDS AND NEIGHBORS AT FPNL. YOU KNOW, WE KNOW THAT WE HAVE TO BE MINDFUL AND CONSIDERATE, FRANKLY, OF THEM AND THEIR BUSINESS MODEL. THEY HAVE MAINTAINED, YOU KNOW, A PRESENCE HERE IN THE VILLAGE. AND I'VE DONE ALL, I THINK, ALL THEY CAN TO WORK WITH US TO ENSURE STABILITY WITHIN, YOU KNOW, OUR COMMUNITY AND, YOU KNOW, WITHIN, QUITE FRANKLY, THE VILLAGE'S OPERATIONS, WE WERE INITIALLY LOOKING AT A DECREASE. WE THOUGHT EARLIER THIS YEAR, YOU KNOW, WE DO HAVE A POSITIVE GAIN, BUT WE KNOW THAT WE CAN'T MAKE CHANGES IN MILLAGE THE WAY THAT YOU MIGHT DO IN SOME OF THE OTHER COMMUNITIES THAT WE HAD ON THE SLIDES EARLIER, JUST BECAUSE OF THE DISPARITY IN THE IN THE TAX BASE, EACH OF THOSE SLIDES THERE, EACH OF THOSE COLUMNS REPRESENT, AN INCREASE IN THE MILLAGE FROM, YOU KNOW, AGAIN, THE RECOMMENDED FROM THE 1.6304 TO THE 1.8250 THAT IMPACT THERE FOR ALL RESIDENTIAL PROPERTIES IS ABOUT 22,900. YOU KNOW, TOTAL. AGAIN WE TALKED ABOUT THAT'S ABOUT $13 TO $15 A YEAR FOR THE AVERAGE RESIDENT, A HALF MILL. YOU CAN SEE THE INCREMENTAL INCREASE. THERE REALLY IS HEAVILY WEIGHTED TOWARD NON RESIDENTIAL PROPERTY. AND WE KNOW THAT'S JUST NOT THE WAY FORWARD. WE CAN'T DO THAT. 
          THAT'S NOT GOING TO BE EFFECTIVE. SO AGAIN WE'RE TRYING TO SERVE 70% OF THE PROPERTIES AND RESIDENTS IN THE VILLAGE. YOU KNOW, AND WE'RE NOT ABLE TO GET THAT LEVEL OF, FINANCIAL, SUPPORT TO RUN THE FUTURE NEEDS OF THE VILLAGE. SO WE'RE LOOKING HERE AT OTHER OPTIONS THAT CERTAINLY ARE NOT, A VOTE TODAY PER SE, BUT ARE FOR CONSIDERATION. YEAH, WE JUST WANTED, YOU KNOW, THE ONE HALF CENT LOCAL GOVERNMENT INFRASTRUCTURE SALES TAX IS AN INITIATIVE THAT THAT GENTLEMAN THAT YOU HAD, COME AND TALK ABOUT, THEY'RE PUTTING FORWARD AN INITIATIVE THAT THE COUNTY IS SUGGESTING A HALF OF A CENT OF ADDITIONAL SALES TAX OVER TEN YEARS, BUT IT'S GOING TO REQUIRE VOTER APPROVAL AT A COUNTYWIDE REFERENDUM, IF THAT GETS APPROVED. I MEAN, WE AS GOVERNMENT CANNOT ENDORSE IT OR SUPPORT IT. WE CAN, BUT WE CAN EDUCATE. AND SO I THINK AS YOU'RE TALKING TO VOTERS AND RESIDENTS, IT IF IT WOULD BE, POSITIVE FOR THE VILLAGE. SO WE THE VILLAGE WOULD RECEIVE A PORTION OF IT, BUT IT'S AGAIN RESTRICTED TO THOSE SAME, COMPONENTS THAT ARE WITHIN THE STATUTE, WHICH IS INFRASTRUCTURE. AND TO ACQUIRE LAND FOR PUBLIC RECREATION, CONSERVATION OR PROTECTION OF NATURAL RESOURCES. SO EVEN THOUGH IT WOULD BE A NICE SHOT IN THE ARM FOR US, IT IS RESTRICTED TO, TO THOSE THINGS. AND THEN THE OTHER THING IS, A SPECIAL ASSESSMENT. THIS IS NOT UNCOMMON, CITY OF STUART HAS, TWO THEY HAVE STORMWATER AND THEY HAVE FIRE. YOU CAN ONLY DO IT FOR THE FIRE PORTION OF YOUR EXPENSES. YOU CANNOT DO IT FOR THE EMERGENCY SERVICES PORTION, AND THEN EACH PARCEL WOULD BE, WOULD BE ASSESSED BASED UPON THE DIRECT BENEFIT THAT THE PARCEL WOULD RECEIVE, BUT IT DOES REQUIRE A DETAILED STUDY. IT NEEDS TO BE DEFENDABLE, IT NEEDS TO HAVE A METHODOLOGY, MR. VOSS IS VERY FAMILIAR WITH IT. IT WILL REQUIRE THE COUNCIL, IF YOU EVEN WANT TO CONSIDER IT. WE HAVE TO APPROVE A, AN ORDINANCE. YEAH I'LL TURN IT OVER TO MR. VOSE. THANK YOU. AND IT'S A COMMON THING THAT THAT CITIES AND COUNTIES DO WITH RESPECT TO SPECIAL ASSESSMENTS, EVEN IF YOU DON'T KNOW EXACTLY WHETHER YOU WOULD EVEN PROCEED FORWARD WITH, WITH IMPOSING A SPECIAL ASSESSMENT OR EVEN SPENDING THE MONEY TO GET THE STUDIES NECESSARY TO, TO WORK THEM OUT AND SO ON. THERE'S A STATUTORY PREREQUISITE EVERY YEAR IN THE YEAR BEFORE YOU WOULD LOOK AT ACTUALLY IMPOSING IT, YOU HAVE TO DO A SPECIAL NOTICE IN THE PAPER FOUR TIMES. ONCE A WEEK AND THEN HOLD A HEARING TO DECIDE WHETHER OR NOT YOU'RE EVEN GOING TO OPEN UP THE POSSIBILITY OF CONSIDERING IT NEXT YEAR. IN 2025, BASED ON THE DISCUSSIONS THAT HAVE BEEN HAD HERE. EVEN IF THE COUNCIL IN THE END DECIDES NOT TO DO IT, IT DOESN'T TAKE MUCH OF ANYTHING TO DO. ALL GO THROUGH THAT PROCESS. I WAS GOING TO RECOMMEND BEFORE THE END OF THIS CALENDAR YEAR, GO THROUGH THAT PROCESS, DO IT, AND THEN PROVIDE THE NOTICE OF THE PROPERTY APPRAISER TAX COLLECTOR. SO WE CHECKED THAT BOX AND THEN YOU CAN DECIDE LATER ON WHICH ASSESSMENTS WOULD YOU IF, IF ANY, WHICH YOU WOULD ZERO IN ON AND THEN MAKE DECISIONS AT THAT TIME JUST OPENS UP POSSIBILITIES. IT DOESN'T REQUIRE YOU TO DO ANYTHING RIGHT. BUT BUT IT LEAVES. IT LEAVES YOU OPEN TO THE POSSIBILITY IT OPENS UP THE, 
          [00:25:01]
THE OPPORTUNITY TO DO IT IN THE NEXT CALENDAR YEAR. YEAH. IF YOU DON'T DO IT BY THE END OF THIS YEAR, YOU'RE AND YOU DECIDE NEXT YEAR YOU WANT TO DO IT, YOU'LL BE TOO LATE. YOU'LL BE WAITING SIX. YEAH, IT'S TOO LATE. SO IF YOU DO IT JUST AS A PRECAUTION, THEN YOU, YOU HAVE POSITIONED THE VILLAGE IN SUCH A WAY THAT WE ARE ABLE TO MOVE FORWARD ON THAT. IF WE SO CHOOSE. AND JUST AS AN EXAMPLE, OVER IN OKEECHOBEE COUNTY, THEY DO, SOME SPECIAL ASSESSMENTS FOR VARIOUS THINGS, BUT THEY NOTICE IT FOR A, A BIG, LONG LAUNDRY LIST OF POTENTIAL SPECIAL ASSESSMENTS TO BE ABLE TO CHECK THAT BOX, EVEN THOUGH JUST ABOUT EVERY YEAR THEY SAY, YEP, WE DID IT, BUT WE'RE NOT GOING TO DO ANYTHING IN THIS NEXT YEAR. SO THE VERY COMMON PRECAUTION. YEAH BARTON COUNTY DOES I'VE LOOKED AT THE COUNTY'S NOTICE AS WELL. IT'S VERY SIMILAR. THEY DO ASSESSMENTS FOR BUT THEY'LL DO AN ASSESSMENT FOR A SPECIFIC PROJECT GIVEN A SPECIFIC NEIGHBORHOOD. SO THEY DON'T HAVE A COUNTY OR A CITY OR WIDE. BUT YOU CAN DO THEM WITHIN ALL YOUR BOUNDARIES OF YOUR MUNICIPALITY. OKAY. YEAH. SO DOING THAT IT DOES NOT NEED TO GO TO THE PUBLIC FOR A REFERENDUM. THAT'S CORRECT. FOR A FOR A SPECIAL ASSESSMENT. IN ANY EVENT, EVEN THAT PRELIMINARY PART OR WHEN YOU LATER IF YOU WERE TO LATER SET UP SOME SPECIAL A COMMON WOULD WOULD BE SAY A STORMWATER SPECIAL ASSESSMENT, THERE IS NO REFERENDUM REQUIREMENT IN FLORIDA LAW FOR ANY OF THAT. YEAH. AND THE 400, THE ADDITIONAL 458,000. I KNOW YOU'VE HEARD US TALK ABOUT IT. THERE'S GRANTS THAT WE DON'T HAVE MATCHING FUNDS FOR. THERE'S OTHER THINGS, YOU KNOW, LIKE THIS $3 MILLION WITH THE USDA. THEY CAME BACK. WE DIDN'T KNOW THAT THERE WAS A 25% MATCH REQUIRED. THAT'S 750,000. I MEAN, MR. NOLAN, CAN, YOU KNOW, WE'VE GONE OUT FOR BID ON SOME PROJECTS. THEY'RE COMING IN OVER BUDGET, IT'S WE JUST AND, YOU KNOW, WE HEAR RESIDENTS WANTING SIDEWALKS TAKEN CARE OF AND ROADS TAKEN CARE OF AND ALL THAT, BUT WE NEED THE WE NEED THE REVENUE IN ORDER TO DO THAT. IT'S NOT IT'S NOT INEXPENSIVE, NOT INEXPENSIVE. OKAY COUNCIL MEMBER HERNANDEZ, THANK YOU, MADAM MAYOR. AND JUST, TO CONTINUE WITH THE, CONVERSATION OF SPECIAL ASSESSMENTS. MR. VILLAGE MANAGER, ATTORNEY. THOSE SPECIAL ASSESSMENTS ARE ON BUSINESSES. ALSO, THEY ARE THE SPECIAL ASSESSMENTS WOULD BE ON, ON REAL PROPERTY. OKAY. ON. SO ANY PARCEL OF REAL PROPERTY WITHIN THE SERVICE AREA, WITHIN THE AREA WHERE THE BENEFIT WAS BEING GIVEN. AND SO IT WOULD BE ON, RESIDENTIAL AND ON COMMERCIAL AND INDUSTRIAL AND SO ON. AND WHAT ABOUT, LIKE TERRA LAGO? THAT'S STILL NOT THEY DON'T HAVE HOMES, BUT IT'S IN CONSTRUCTION. AND THE ONE ON FORMAL. SURE CAN'T REMEMBER. SO, YEAH. WHEN, WHEN YOU PUT TOGETHER A SPECIAL ASSESSMENT METHODOLOGY. ALL RIGHT. AND THIS IS, IT'S SIMILAR TO WHEN WE WENT THROUGH THE PROCESS, HOPEFULLY QUICKER IN THIS INSTANCE, SIMILAR TO WHEN WE WENT THROUGH THE, THE MOBILITY FEE OR OTHER IMPACT FEE STUDIES. VERY SIMILAR ACTUALLY. YOU HAVE TO GO THROUGH AND HAVE AN EXPERT DEMONSTRATE THE UNIQUE BENEFIT TO EACH PROPERTY AND QUANTIFY THAT AND SO ON. IN A IN A LEGALLY JUSTIFIABLE METHODOLOGY, WHEN YOU'RE DEALING WITH SITUATIONS LIKE A PROPERTY UNDER DEVELOPMENT, THAT PROPERTY WOULD STILL BE GETTING BENEFITS FROM A GIVEN PARDON ME, ASSUME FOR A SECOND THAT FOR A GIVEN SERVICE, OR GIVEN INFRASTRUCTURE THAT IT WOULD BE GETTING BENEFITS FROM IT. THE METHODOLOGY HAS TO ACCOUNT FOR. ALL RIGHT. HERE'S THIS BIG TRACT OF LAND. THIS IS THE BENEFITS GOING TO GET NOW AND THEN WHEN IT'S PLATTED, WHEN IT'S SUBDIVIDED, IT WILL GET, RE DEALT WITH FOR ITS INDIVIDUAL LOTS. SO THAT'S SOMETHING THAT'S BUILT INTO THE METHODOLOGY OF HOW IT'S DONE. SO THEY DON'T GET OUT OF PAYING IT. IT'S JUST IT WOULD BE BUILT INTO HOW IT'S DONE. OKAY OKAY. GOT IT. THANK YOU. OKAY. AND SO MAKE SURE THAT I UNDERSTOOD THAT CORRECTLY, SPECIAL ASSESSMENT IS ONLY ON REAL PROPERTY, NOT TANGIBLE PERSONAL PROPERTY. IT'S ON JUST LAND. CORRECT. THAT'S CORRECT. 
          OKAY. YEAH. OKAY. I WANTED TO MAKE SURE THAT I HAD THAT DISTINCTION. ALSO A QUICK QUESTION. I DON'T KNOW. I DON'T KNOW FOR WHO, WHEN THIS WE'RE DOING COMPARISONS RESIDENTIAL AGAINST ALL OTHER. AND YOU SEE YOU KNOW THE DIFFERENCE IDEALLY THEY SHOULD BE MORE EVEN. YOU SHOULDN'T HAVE ONE ALL THE WAY. IDEALLY YOU'RE KIND OF SHOOTING FOR 5050. AM I THAT'S WHAT THAT'S WHAT I HAVE BEEN. YEAH I MEAN MICHAEL GO BACK TO. YEAH THAT DOES SHOW THIS ONE. YEAH. 
          [00:30:10]
RESIDENTIAL AND NONRESIDENTIAL. YEAH THIS ONE. THAT'S ONE SHE'S TALKING ABOUT. NO NO NOT NOT THAT ONE. NOT THAT ONE VERSUS THE. OH THAT'S READ I SORRY READ IS RESIDENT. WELL YEAH I GUESS EITHER ONE. YEAH YEAH THAT ONE. YEAH. YEAH THAT JUST THAT'S THAT'S COMPARISON TO DIFFERENT. 
          YEAH. BUT IDEALLY YOU'RE SHOOTING FOR YOUR, YOUR YELLOW AND YOUR MAROON THERE TO KIND OF TO BE MORE LIKE LIKE LEESBURG KIND OF, YOU KNOW EITHER ONE SIDE OR THE OTHER KIND OF MORE. 
          YOU CERTAINLY WANT TO I MEAN, THAT'S THE WHOLE NAME OF THE GAME. I THINK IN, IN, IN MUNICIPAL GOVERNMENT IS YOU'RE LOOKING FOR A DIVERSIFICATION OF THE TAX BASE. I MEAN, YOU WANT THAT, YOU NEED THAT, ABILITY TO MAKE SURE THAT THE IMPACTS OF, OF OPERATIONS ARE, AS YOU KNOW, FAIRLY DISPERSED AS POSSIBLE. AND THAT'S THE ISSUE THAT, YOU KNOW, WE REALLY STRUGGLE WITH BECAUSE WE DON'T HAVE A DIVERSIFIED TAX BASE. IT'S GOING TO BE, YOU KNOW, WE HAVE A VERY UNIQUE ANOMALY HERE THAT'S GOING TO TAKE I, I'VE TALKED TO VILLAGE MANAGER, BUT I THINK IT'S GOING TO BE 20 YEARS BEFORE WE OVERCOME, YOU KNOW, ASSUMING OUR GOOD FRIENDS AT FPL CHOOSE TO STICK AROUND. I HOPE THEY DO. BUT I MEAN, IT'S GOING TO BE 20 YEARS PLUS BEFORE WE HAVE THAT LEVEL OF BALANCING BETWEEN TANGIBLE PROPERTY AND OTHER OTHER, YOU KNOW, TAX TAXABLE VALUES IN THE VILLAGE, THAT'S JUST WHAT WE HAVE. THIS IS THE CARDS WE WERE DEALT HERE. WE'RE LUCKY TO HAVE THEM. WE'RE THANKFUL FOR THAT. BUT AT THE SAME TIME, WE KNOW THAT THERE'S A LOT WITHIN THE GROWTH AND DEVELOPMENT OF THE VILLAGE THAT IS, IT'S NOT THEIR BURDEN TO BEAR. I THINK THAT'S REALLY WHAT WE'RE TRYING TO SAY HERE TONIGHT IS IT'S NOT THEIR BURDEN TO BEA. 
          I THINK THEY'RE DOING A GREAT YOU KNOW, THEY'RE GREAT. PARTNERS AND THEY DO A LOT HERE FOR THE VILLAGE, BUT WE HAVE TO CONTINUE TO LOOK FORWARD AT DIFFERENT WAYS TO PROVIDE THE SERVICES THAT RESIDENTS AND FUTURE RESIDENTS WANT AND NEED, AND TO DO IT AS FAIRLY AND EQUITABLY AS POSSIBLE. I THINK MR. VOSS SPOKE EXACTLY. THIS IS WHAT WE DO WITH WATER AND SEWER STUDIES. WE'LL BE WITH STORMWATER AND THE OTHER IMPACT STUDY MOBILITY FEES. YOU KNOW, WE'RE TRYING TO COME UP WITH A, FAIR AND A METHODOLOGY THAT IS FAIR AND REASONABLE AND AS CLOSELY AS POSSIBLE, TIES THE IMPACTS OF THE COSTS TO THE, TO THE TO THE BENEFICIARIES OF THOSE SERVICES. THAT'S WHAT YOU WANT TO DO, TRYING TO BE MORE, PROACTIVE INSTEAD OF REACTIVE LOOKING THAT THAT AS WELL. CERTAINLY. YEAH, YEAH. AND PLAN FOR THOSE THINGS AS, AS BEST AS WE CAN. YOU KNOW, MAKING SURE THAT WE DO OUR DUE DILIGENCE AND. YEAH. AND DO THAT. COUNCIL MEMBER HERNANDEZ. THANK YOU, MADAM MAYOR. SO I SAW THAT WE'RE AT THE VERY END OF YOU'VE ALREADY FINISHED YOUR PRESENTATION. SO I'M GOING TO GO WITH MY QUESTIONS. SO WHEN WILL WE SEE THE NEW, NEWER DEVELOPMENT COME IN IN AS IN OUR TAX BASE, YOU'RE A YEAR BEHIND. 
          SO BASICALLY TERRA LAGO IS SUPPOSED TO HAVE THEIR HOMES BUILT IN BY NEXT YEAR, PROBABLY. 
          NO, THEY'RE PHASED IN. COUNCIL. YEAH THEY'RE, THEY'RE THEY'VE ONLY BEEN APPROVED FOR 825. I'VE SAT DOWN AND DONE THE MATH, BASED ON THEIR PHASES, ONCE THEY'RE TOTALLY BUILT OUT WITH THEIR 2500 HOMES, KEEPING THE MILLAGE WHERE IT WAS AT THAT TIME WHEN I WAS DOING THE COMPARISON, YOU GET AN ADDITIONAL 1.6 MILLION, WHICH IS GREAT, BUT THAT'S GOING TO BE OVER TEN YEARS. THEY'RE NOT GOING TO START ROOFTOPS UNTIL RIGHT NEXT YEAR. YEAH. AND THEY'RE GOING TO THEY'RE PLANNING ON 30 ROOFTOPS A MONTH. SO WE'RE TALKING ABOUT 20. OH YEAH. SO THAT'S GOING TO TAKE SOME TIME. SURE. OKAY. WHAT ABOUT CEDRON TECHNOLOGIES, BECAUSE WE'RE TALKING ABOUT BROADENING OUR TAX BASE SO THAT WE DON'T HAVE TO DEPEND ON FEMA BECAUSE EVERYONE KNOWS FPL IS ONE OF THE LARGEST TAXPAYERS IN INDIANTOWN. SAID RON, YOU'RE GOING TO HAVE A PRESENTATION BY, MR. EVANSON. AT THE BEGINNING OF YOUR 630 MEETING. WE'RE STILL DISCUSSING THE RENT THAT THEY'RE GOING TO PAY. THAT WILL BE AN ADDITIONAL REVENUE. BUT, FLORIDA DEPARTMENT, THE FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION, WHERE OUR SRF FUNDING IS, HAS STATED THAT WE HAVE TO DEDICATE THAT TOWARD DEBT SERVICE, WHICH IS FINE. WE CAN DO THAT. AND THEN THAT FREES UP OTHER REVENUE WITHIN THE UTILITIES FUND. BUT, ONCE THEY GET UP AND RUNNING, THEN WE'LL ALSO HAVE A FRANCHISE FEE THAT THEY HAVE TALKED ABOUT PAYING. 
          SO THOSE WILL BE ADDITIONAL REVENUES. THEY'RE GOING TO START GROUNDBREAKING LATER THIS YEAR, MAYBE NOVEMBER DECEMBER. AND THEN ONCE THEY GET UP AND RUNNING THEN WE'LL START SEEING THAT REVENUE. SO IT PROBABLY WON'T BE TILL 2026. OKAY. AND THEN WE HAVE HAD A LOT OF OTHER BUSINESSES COME INTO INDIANTOWN LIKE, THE BIOMEDICAL, THE GREEN CARBON SOLUTIONS. WHEN ARE WE SEEING SOMETHING LIKE GO LIVE? BECAUSE I KNOW BIOMEDICAL IS ALREADY UP AND DONE. YES. SO IN YOUR, IN THAT LET'S SEE WHICH SLIDE IS IT. SO IN THE, THE OVERVIEW, WHEN I TALK ABOUT HOW 
          [00:35:06]
MUCH YOU HAVE IN NEW CONSTRUCTION, THERE WAS 9.7 MILLION, THREE POINT ALMOST 3.5 MILLION OF THAT WAS DUE TO BIOMEDICAL COMING ONLINE AND GREEN CARBON. SO YOU HAD THAT INCREASE IN YOUR, IN YOUR TAX BASE. THE OTHER INCREASE OF 6.3 MILLION WAS SOME ADDITIONAL, ACREAGE IN RIVER OAK. THEIR PHASE TWO AND THEN SEMINOLE JUNCTION, COMING ON YOUR TAX, YOUR TAX BILLS ARE ALWAYS A YEAR BEHIND. SO EVERYTHING THAT WAS ON THE ROLL AS OF DECEMBER OF 2023 IS WHAT GOT CAPTURED HERE. SO ONCE, EAST COAST METALS GETS HERE AND GRIND HARD AND THOSE OTHER, COMPANIES, THEN YOU'LL SEE YOUR TAX BASE, I WOULD EXPECT THOSE TWO TO COME ON NEXT YEAR OKAY. FOR 2026. SO WHEN YOU SAY THE, INDUSTRIAL AND RESIDENTIAL, THE NEW CONSTRUCTION THAT WAS CAPTURED FOR THIS COMING, NOVEMBER, THOSE WOULD BE IN MR. FLORIO'S NUMBERS THAT HE'S SHOWING FOR, FOR THIS THESE SLIDES, THOSE WOULD BE THOSE TWO FACILITIES IN THERE. 
          OKAY. AND THEN HAVE WE CONSIDERED LIKE, I KNOW LIKE SOMETIMES OUTSOURCING IS A GOOD THING IN REGARDS OF EMPLOYEES BECAUSE I DID GO SEE THE BUDGET FROM THIS CURRENT YEAR. AND YOU KNOW, WITH MORE EMPLOYEES YOU HAVE, YOU HAVE, YOU HAVE RETIREMENT BENEFITS. YOU HAVE, YOU YOU CAN NAME IT, YOU HAVE TAXES THAT YOU HAVE TO PAY. SO HAVE WE CONSIDERED I DID ALSO SEE THERE WAS OVERTIME. SO HAVE WE THOUGHT ABOUT HAVING COMP TIME INSTEAD OF OVERTIME. SO THAT THAT COMPENSATES SO THAT WE DON'T HAVE TO BE SPENDING ON OVERTIME. SOME OF THAT'S REGULATED BY THE FLORIDA. YOU WANT TO TALK TO THAT FROM? SURE. YEAH THERE THERE COULD BE POTENTIALLY SOME THINGS TO BECAUSE I KNOW THEY'RE THEY'RE THEY'RE SUBSTANTIAL REGULATIONS ON YOU KNOW WHERE YOU CAN SHIFT OVER AND WHAT CLASSES AND SO ON. ONE THING I WOULD OFFER GENERALLY THOUGH, IS KEEP IN MIND IF YOU'RE HAVING OVERTIME, IT'S LIKELY BECAUSE WE DON'T HAVE FOLKS TO DO EVERYTHING AND SO ON. SO COMP TIME POTENTIALLY JUST GETS THEM IN THE SITUATION WHERE THEY'RE GETTING FURTHER BEHIND. YEAH. YEAH. I MEAN FOR MR. NOLAN'S DEPARTMENT, HE HAS HE HAS OVERTIME BECAUSE WE HAVE TO HAVE COVERAGE ON SATURDAYS AND SUNDAYS FOR THE UTILITY PLANT. SO SOMEBODY IS ON CALL, YOU KNOW, AND WHEN THERE'S A BREAK THEY'RE THEY'RE OUT THERE. 
          YOU KNOW, SOMETIMES IN THE MIDDLE OF THE NIGHT TO FIX THOSE. SO THEY DO INCUR THAT OVERTIME. WE'VE INCURRED SOME IN CODE ENFORCEMENT. WE'VE BEEN TRYING TO BE PROACTIVE AND CHANGE OUR HOURS A LITTLE BIT, BECAUSE SOME OF THE INDIVIDUALS THAT WERE SELLING PRODUCTS WITHOUT A LICENSE, HAD FIGURED OUT WHAT THEIR WORK HOURS WERE. SO THEY WERE MAKING SURE THEY GOT DONE BEFORE THEY SHOWED UP. SO WE'RE TRYING TO WE'RE TRYING TO BE AS AS AS, CREATIVE AS WE CAN. I TELL YOU ONE NUMBER I DON'T KNOW. I CAN'T SPEAK TO, BUT SOME OF THESE OTHER MUNICIPALITIES UP THERE, I DON'T KNOW HOW MANY EMPLOYEES THEY HAVE ON STAFF. I MEAN, WE HAVE ABOUT 28, CURRENTLY WORKING, AND WE HAVE, A HALF DOZEN OR MORE THAT WE HAVEN'T BEEN ABLE TO FILL. WE'RE TRYING TO FILL. IT'S BEEN VERY DIFFICULT, YOU KNOW, AGAIN, I THINK WE'RE PRETTY LEAN IN TERMS OF STAFF. MOST OF THESE OTHER MUNICIPALITIES, I WOULD VENTURE TO GUESS, HAVE DOUBLE THE STAFF THAT WE HAVE RIGHT NOW, AND MORE WILL BE NEEDED. THERE'S ALWAYS GOING TO BE, I THINK, VALUE AND PURPOSE IN HAVING A, YOU KNOW, A HYBRID METHOD OF HAVING CERTAIN CONSULTANT CONTRACTOR WORK AND STAFF, BUT YOU'RE GOING TO HAVE TO HAVE A CORE COMPONENT OF STAFF. I MEAN, I CAN TELL YOU, I MEAN, JUST VERY CANDIDLY, MY DEPARTMENT, I THINK THEY TRIED TO RUN THAT DEPARTMENT FOR A COUPLE OF YEARS OR MORE WITH, YOU KNOW, CONTRACTOR CONSULTANT. 
          IT DIDN'T WORK, I CAN TELL YOU THAT, AND IT WON'T WORK. SO YOU KNOW, I THINK WE BRING A LOT OF VALUE TO THE STAFF THAT WE DO HAVE. AND WE ALL WORK VERY HARD HERE, BUT, I MEAN, WE'RE ALL LOOKING AT, YOU KNOW, BUDGETARY COSTS. YOU KNOW, ONE THING I DON'T WANT TO DIVERGE TOO MUCH INTO BUDGET SPECIFICS, BUT LAST YEAR, I PRESENTED TO YOU ALL THE VILLAGE MANAGER AND I AND OTHER DEPARTMENT DIRECTORS. WE WENT THROUGH THE BUDGET AND WE REALLOCATED ALMOST $1.6 MILLION OF BUDGET TO COST MATCHES AND OTHER CAPITAL, YOU KNOW, NEEDS THAT WE HAD IN THE VILLAGE. YOU KNOW, WE WENT THROUGH STUFF IN EXTRAORDINARY DETAIL TO DETERMINE WHAT DO WE NEED AND WHAT DO WE NOT NEED. SO YOU KNOW, WE VERY MINDFUL I THINK WE'RE VERY CAREFUL ABOUT WHAT WE'RE SPENDING. SPENDING HAS DEFINITELY DECREASED. BUT YOU KNOW, THE THINGS THAT WE CAN'T CHANGE ARE WHAT THE COST INCREASES AND ADJUSTMENTS HAVE BEEN ON THE THINGS THAT WE DO NEED. AND THERE ARE THINGS THAT ARE UNAVOIDABLE, YOU KNOW, OPERATIONAL COSTS AS WELL AS 
          [00:40:03]
PERSONNEL. BUT, YOU KNOW, THERE'S NOT THERE'S NOT A LOT OF WIGGLE ROOM HERE AT ALL, AND, YOU KNOW, WE DO WE DO STRUGGLE FINDING STAFF. IT'S BEEN VERY HARD. I HAD I HAD A I HAD A CANDIDATE, TO COME OUT HERE YESTERDAY, TWO DAYS AGO, I WAS EXCITED AND SHE CALLED THE RECRUITER AND LATER SAID, OH, AT ANY TIME TOO FAR, I'M NOT GOING OUT THERE. NO, THAT'S I KNOW THAT'S TOO FAR. SO. WELL, THE OTHER THING WE DO TOO, JUST FOR YOUR INFORMATION, IS WE HAVE SOME PART TIME POSITIONS. YEAH. SO IF WE DON'T FEEL THE NEED TO HAVE A FULL TIME LIKE DINA, THE PLANT, WHO'S YOUR COMMUNITY DEVELOPMENT DIRECTOR? SHE'S ONLY PART TIME. YEAH, SHE. BUT. YEAH. 
          AND THEN, YOU KNOW, SO. SO WE LOOK AT THAT AND IF, IF UNTIL WE NEED THEM, THE BUILDING OFFICIAL. HE'S PART TIME UNTIL WE NEED THEM FULL TIME. WE'RE USING PART TIME STAFFING. OKAY SO. AND SO WHEN SHOULD WE EXPECT THIS TO BE AVAILABLE TO THE PUBLIC? BECAUSE, IT'S ON IT. WE CAN STICK IT OUT THERE. NO, WE CAN. WE WEREN'T. MR. FLORIO AND I ARE WORKING ON IT UNTIL ABOUT 330 THIS AFTERNOON, BECAUSE SOMEONE WILL GET IT. SO I WE'LL HAVE IT UP LATER TOMORROW MORNING. YEAH, WE'LL GET IT UP THERE. OKAY. AND THEN, YEAH. WHEN, WHEN WOULD WE HAVE LIKE A LINE ITEM OR SOMETHING MORE SPECIFIC? I MEAN, THE PLAN IS, YOU KNOW, WE'RE GOING TO HAVE OUR OUR FIRST BUDGET WORKSHOP ON AUGUST 22ND. OKAY. THAT'S WHEN WE'LL HAVE IT, YOU KNOW, AND I THINK THAT'S, YOU KNOW, THAT'S STRATEGICALLY PLANNED, TO HAVE IT DONE THAT WAY. JUST BECAUSE, FRANKLY, I NEED THE TIME. AND SECONDLY, YOU KNOW, WE WANT TO MAKE SURE THAT THE FULL COUNCIL IS FULLY SEATED FOR THAT, AND, YOU KNOW, WE NEED TO MAKE WE NEED TO MAKE BUDGETARY DECISIONS POST ELECTION. SO THAT'S I THINK THAT'S IMPORTANT, YOU KNOW, THAT THE NEW COUNCIL THAT IS SEATED HERE STARTING THEIR NEW TERM ON, YOU KNOW, AUGUST 22ND, I'M SURE THERE'LL BE A SWEARING IN CEREMONY THAT, YOU KNOW, THAT THAT'S EVERYBODY'S TERM STARTS STARTS THEN. SO MAY WE REQUEST AT LEAST THE ITEMS TO BE ON THERE BEFORE SO THAT THE RESIDENTS HAVE TIME TO REVIEW BECAUSE, THAT'S YEAH, IT WILL BE OUT THERE, WE WILL HAVE AGAIN THE, THE FIRST SOLID ITERATION OF THIS AVAILABLE, NO LATER THAN THAT, THAT FRIDAY BEFORE THAT THURSDAY MEETING. OKAY. THANK YOU. IT'LL BE PART OF THE AGENDA PACKET. OKAY. OKAY. THANK YOU. MAYOR. WE HAVE COUNCIL MEMBER DEPAULO THAT WANTS TO SPEAK. YES, SIR. COUNCIL MEMBER. OKAY. CAN YOU ALL HEAR ME? YES, SIR. 
          OKAY YEAH. I JUST WANT TO SAY THAT THAT I THINK THAT, YOU KNOW, WHEN YOU LOOK AT EVERYTHING THAT'S GOING ON, CEDRON IS PART OF THAT MONEY SHOULD BE GOING TOWARDS, NOT THE GENERAL FUND, BUT IT SHOULD BE GOING TOWARDS THE WATER SEWER DEPARTMENT, WE NEED MONEY FOR ROADS. AND THAT MONEY SHOULDN'T HAVE TO COME FROM THIS TAX INCREASE, I THINK WE NEED A SPECIAL ASSESSMENT. I THINK WE NEED TO GET IT DONE AND GET IT ON THERE SO WE CAN INCORPORATE IT NEXT YEAR, BECAUSE OUR ROADS ARE FALLING APART. WE NEED TO FIX THEM. AND THERE'S NO MONEY FOR IT. SO WE NEED TO IF WE EVEN NEED NEED TO INJECT AND GIVE IT A SHOT FROM, SAY, THE MONEY THAT WE HAVE SAVED. IF THE INTEREST RATES COME DOWN, IT WOULD MAKE SENSE TO DO SOMETHING LIKE THAT. 
          THEN WE NEED TO LOOK AT THAT AND WE NEED TO DO IT. BUT, WE'RE A GROWING VILLAGE AND GROWING IS PAINFUL. ANYTIME YOU GROW SOMETHING THAT'S PAINFUL, THAT'S THAT'S A FACT. AND, YOU KNOW, WE'RE ALL GOING TO FEEL THE PAIN, BUT WE'VE GOT TO DO WHAT'S RIGHT, AND WHAT'S RIGHT IS TO GET THE ROADS FIXED. AND WE GOT PEOPLE INVESTING HUNDREDS OF MILLIONS OF DOLLARS INTO THE VILLAGE, AND WE NEED TO SHOW THEM THAT WE'RE SERIOUS ABOUT THIS, AND WE NEED TO GET IT DONE. THAT'S ALL I HAVE TO SAY ON THE SUBJECT. THANK YOU. THANK YOU SIR. ALSO, TO JUST. YES, MA'AM. NO, I THINK YOU WERE GOING TO GO WHERE I WAS GOING. YOU CAN ALWAYS LOWER THAT MILLAGE IF YOU SET THE HIGHER ONE. IS THAT WHAT YOU WERE GOING? YOU LOOK LIKE IT. YEAH. 
          IN THE END, IT WOULD BE. YEAH. YEAH, ABSOLUTELY. AND I WAS JUST LISTENING TO THE, YOU KNOW, THE COMMENTS AND OUR RESPONSIBILITY IS TO LOOK TO THE FUTURE AND LOOK DOWN THE ROAD AND BE PROACTIVE AND, AND PLAN FOR THOSE THINGS. BECAUSE IF YOU'RE TALKING ABOUT ROADS AND GAS TAXES, GAS TAXES HAVE ALREADY WENT DOWN. AND IF YOU LOOK TO THE FUTURE AND REALIZE THE 
          [00:45:04]
MANDATES THAT HAVE, OKAY, WE'RE SUPPOSED TO BE GOING ALL ELECTRIC, WELL, WHAT HAPPENS TO YOUR GAS TAXES THEN? SO YOU HAVE ALL THESE ELECTRIC VEHICLES OUT USING ROADS THAT THEY'RE NOT PAYING ANYTHING TO KEEP UP BECAUSE THERE ARE NO GAS TAXES, BECAUSE IT'S ELECTRIC. SO THAT'S THE REALITY OF THE SITUATION. IF YOU HAVE TO STOP AND THINK ABOUT IT. SO LOOKING AHEAD AND TAKING ALL THOSE THINGS INTO CONSIDERATION, YOU HAVE TO GET CREATIVE. YOU HAVE TO LOOK OUTSIDE OF THE BOX ON SOME THINGS, MAKE SURE. AND I THINK YOU KNOW, TAKING THE STEPS, EVEN IF WE DON'T DO IT FOR A SPECIAL ASSESSMENT, YOU'RE JUST. AND I TALK ABOUT THIS, QUITE A LOT LATELY. I'VE NOTICED IT'S GETTING TOOLS IN OUR TOOLBOX THAT WE HAVE AVAILABLE TO US. 
          AND IF IT HAPPENS TO FIT THE SITUATION, WE'RE ABLE TO USE IT. IF IT DOESN'T, THEN YOU DON'T HAVE TO PULL THAT TOOL OUT OF THE TOOLBOX. BUT YOU HAVE IT AVAILABLE, SO I THINK THAT, I THINK THAT'S DOING OUR JOB, LOOKING AHEAD AND TRYING TO PLAN THE BEST THAT WE CAN. AND I THINK WHERE WE HAVE FAILED IN THE PAST IS WE'RE STILL YOUNG, OKAY. WE WE'VE BEEN AT THIS SIX YEARS, SOON TO BE SEVEN YEARS. OKAY. BUT STILL, EVEN WE HAVEN'T REALLY HAD ANYTHING. WE'RE STILL MAKING HISTORY. WE HAVEN'T HAD ANYTHING TO LOOK BACK ON AND SEE A TREND AND SEE WHAT'S HAPPENING. AND TO KNOW BECAUSE WE'RE STILL WE'RE STILL LEARNING. WE STILL DON'T KNOW WHAT WE DON'T KNOW. AND SO, I THINK THIS IS THIS IS GREAT INFORMATION, GREAT BEING ABLE TO TALK ABOUT THESE THINGS, THE UNKNOWNS AND THE WHAT IFS. AND LOOK WHAT HAPPENED WHEN WE DID THIS. WHEN WE DON'T DO THAT, WE'RE GETTING THAT HISTORY AND WE'RE GETTING A LESSON. WE'RE LEARNING WHICH WHICH WE HAVE TO, AND IT ALSO SHOWS THE SOME OF THESE THINGS ARE UNINTENDED CONSEQUENCES, WHEN YOU, WHEN YOU MAKE THESE CHOICES AND. OKAY WELL, WE'RE TRYING TO KEEP THINGS LOW FOR THE PEOPLE AND IN REALITY, THE UNINTENDED CONSEQUENCE IS, YOU KNOW, THAT THAT THERE IS THERE IS A REACTION FOR THAT ACTION, SO, THANK YOU. DOES ANYBODY ELSE ON THE COUNCIL HAVE ANYTHING? I JUST. DID I HEAR A VOICE FROM ABOVE? YEAH, I JUST WANT. YES, SIR. GO AHEAD. YEAH, YEAH. I WANTED TO SAY IT'S LIKE, YOU KNOW, BY NOT HAVING THE FUNDS TO DO THE THINGS THAT WE NEED TO DO, WE DON'T HAVE MATCHING FUNDS. WE CAN'T QUALIFY FOR THIS. WE CAN'T QUALIFY FOR THAT. I MEAN, IF I CAME UP TO YOU AND I SAID TO YOU, HEY, I GOT THIS THING OVER HERE, THAT'S WORTH HALF $1 MILLION. AND FOR TEN GRAND, YOU CAN HAVE IT BECAUSE IT'S THE GOVERNMENT'S GOING TO PAY THE REST OF IT. WELL, YOU KNOW, THE OF INDIAN TOWN ARE LOSING OUT ON GRANT MONEY BECAUSE WE CAN'T MATCH IT. SO THEY'RE INVESTING. WE'RE GOING TO REINVEST INTO THE COMMUNITY. SO WE NEED TO DO THE THINGS THAT WE NEED TO DO SO WE DON'T LOSE THAT MONEY. THERE'S GOING TO COME A DAY. IT MIGHT BE 20 YEARS FROM NOW. IT MIGHT BE LONGER. WHO KNOWS THAT INDIAN TOWN WILL NOT BE THE, GOVERNMENT THAT'S, YOU KNOW, NEEDY. THAT'S THAT THAT WE'RE GOING TO QUALIFY FOR, FOR EVERYTHING UNDER THE SUN LIKE WE DO TODAY. BUT WE HAVE TO SHOW THAT WE CAN STAND ON OUR OWN TWO FEET IN ORDER TO GET THAT AND BE ABLE TO PAY THIS, PAY THE MONEY BACK AND COME UP WITH THE MATCHING FUNDS. WE JUST HAVE TO DO THAT. AND BY NOT DOING IT, WE'RE OURSELVES. I HOPE EVERYBODY CAN UNDERSTAND THAT. THANKS. THANK YOU. ALSO, WHAT WE ARE DOING HERE TODAY IS JUST TO TENTATIVELY SET A MAXIMUM AMOUNT. SO AS WE MOVE FORWARD AND WE LOOK AT THE BUDGET AND WE LOOK AT AT HOW WE'RE GOING, WE CAN ALWAYS GO LESS THAN, BUT WE CANNOT GO ABOVE. CORRECT. THAT'S CORRECT. SO WE COULD ACTUALLY SET IT AT FIVE MILS AND LOOK REALLY GOOD WHEN WE COME BACK. AND WE ONLY DO IT AT 1.8. RIGHT. WE WILL HAVE PEOPLE LINED UP OUT THE STREET BECAUSE YOU'RE GOING TO GO AND GET A NOTICE GOING OUT TO EVERYBODY'S HOME. YEAH. YOU MIGHT YOU MIGHT GET SOME HEART ATTACKS FROM FPL AS WELL AS EVERYBODY ELSE. YEAH. THAT'S TRUE. SO THIS IS THIS IS THE NUMBER THAT'S GOING TO BE SENT 
          [00:50:04]
TO THE PROPERTY APPRAISER'S OFFICE. IT'S GOING TO BE GOING OUT ON THE NOTICES THAT GO OUT. 
          ALL RIGHT. NOW THAT'S CALLED YOUR TRIM NOTICE. RIGHT. THAT'S EXACTLY RIGHT OKAY. THIS IS THIS IS THE NUMBER THAT'S GOING TO GO OUT ON THAT. ALL RIGHT. IT'S GOING TO GIVE THEM THE PROPOSED NUMBER THAT LEADS INTO THE TENTATIVE. IF YOU REMEMBER WE HAVE TWO BUDGET HEARINGS IN SEPTEMBER. WE'RE GONNA HAVE THAT TENTATIVE MILLAGE. AND THEN THE FINAL MILLAGE OKAY. AND BASICALLY AT EACH INSTANCE YOU HAVE THE OPPORTUNITY WITHOUT JUMPING THROUGH. RIDICULOUS. 
          WHOOPS, WHOOPS. WE'RE NOT GOING TO JUMP THROUGH, OPPORTUNITY TO GO DOWN, BUT NOT UP. OKAY. I JUST WANT TO MAKE SURE THAT THAT THAT'S THAT'S UNDERSTOOD. WE CAN ALWAYS GO DOWN AND ALSO ON THIS TAX APPLY TAXABLE VALUES CHART THAT WE HAVE HERE THE TAXABLE VALUE THAT IS IF YOU IN WHATEVER EVEN IF YOU LIKE IF YOU HAVE A HOMESTEAD EXEMPTION SAY YOUR YOUR HOME IS, YOU KNOW, 100,000 WITH THE HOMESTEAD EXEMPTION YOU'RE DOWN TO 50. SO YOU WOULD BE PAYING TAXES ON THE 50,000. 
          SO OKAY OKAY. SO THE I THINK THIS, I THINK THE NUMBER, THE TAXABLE VALUE NUMBER HERE WAS 75,000. IT WOULD ONLY BE AN INCREASE AT THE PROPOSED MILLAGE RATE OF 1.825 OF AN EXTRA $13 ANNUALLY. CORRECT YES, MA'AM. THAT'S NOT MONTHLY. NO, IT'S ANNUAL. ANNUAL. ALL THE NUMBERS ARE ANNUAL OKAY. BECAUSE THAT'S HOW YOU PAY YOUR TAXES. OKAY. RIGHT. A DOLLAR A MONTH. OKAY. 
          THERE YOU GO. ROUGHLY A DOLLAR A MONTH. OKAY. SO, WHAT WE ARE DOING HERE TODAY IS JUST TO HAVE A MOTION ON WHAT WE WANT TO SET THE MILLAGE RATE AT TENTATIVELY FOR THE TRIM. NOTICE YES. AND TECHNICALLY, YOU'LL BE ADDRESSING THAT IN YOUR REGULAR MEETING HERE MOMENTARILY. YOU CAN YOU CAN DISCUSS AND GIVE DIRECTION THAT THAT'S THE NUMBER YOU WANT TO BE. BUT YOU'RE GOING TO BE DISCUSSING IT AGAIN HERE WHEN YOU GET TO THAT AGENDA ITEM. SO THIS IS JUST A PRELIMINARIES TO, TO, TO TEE US UP FOR THE MEETING. THAT'S RIGHT. AND THE AND THE AGENDA ITEM WILL BE ON THERE. OKAY. GOOD TO KNOW. DOES ANYBODY ELSE HAVE ANY. YES. COUNCIL MEMBER HERNANDEZ. YES. THANK YOU, MADAM MAYOR, JUST HAD A QUESTION TO STAFF. HAS THERE BEEN ANY CONVERSATIONS WITH FPNL OR STARTING ANY CONVERSATIONS WITH IN WHAT REGARD IN REGARDS OF US POTENTIALLY, RAISING TAXES BECAUSE I KNOW THE LAST TIME THEY HAD LIKE, THEY HAD AN OTHER OFFER FROM ANOTHER CITY. YEAH THAT'S, THAT'S WHY WE ENTERED INTO THAT TANGIBLE, PERSONAL PROPERTY, REBATE PROGRAM GRANT, WHATEVER YOU WANT TO REFER TO IT AT. AND THAT HOLDS THEIR MILLAGE CONSTANT. SO REGARDLESS OF WHAT YOU DO TONIGHT WITH THIS MILLAGE, THAT REBATE IS AT A LOWER MILLAGE RATE TO BE, COMPARABLE TO COLLIER COUNTY. THAT WAS THEIR THREAT WAS TO PICK UP THEIR ALL THEIR MATERIAL, THEIR INVENTORY AND MOVE IT TO COLLIER WHERE THEY HAVE A LOWER MILLAGE RATE, SO BUT THEY WILL NOT BE WHAT WOULD BE IMPACTED IS THE OTHER PART OF FPL. THAT'S NOT PART OF THAT TANGIBLE PERSONAL PROPERTY. AGREEMENT. AND THAT SHOULD NOT BE BIG ENOUGH TO OPEN THEIR EYES. BUT NO, I'VE NOT HAD THAT CONVERSATION BECAUSE I WASN'T SURE WHERE YOU WERE GOING TO LAND. OKAY. THANK YOU. SO SINCE THIS IS A DISCUSSION ITEM, IF THE PUBLIC HAS DISCUSSION ON IT, WE'LL BE ABLE TO TAKE CARE OF IT IN THE REGULAR AGENDA. YES, MA'AM. AND MAYOR ACTUALLY JUST, JUST I WANT TO PUT A LITTLE, LITTLE BIT OF ADDITIONAL INFORMATION ON THAT GENERALLY. EXACTLY WHAT TARYN JUST ADDRESSED IS. SO, THE TANGIBLE PERSONAL PROPERTY, REBATE AGREEMENT THAT WE HAVE WITH FPL WITH REGARD TO THE TPP, THIS INCREASE, IT WILL IT WILL KIND OF SHIELD THEM OR AMELIORATE IT. IT'S NOT GOING TO BE PERFECT. 
          100%. IT IS THAT THERE WILL BE A LITTLE BIT OF IT THAT WILL PASS THROUGH, BECAUSE IT'S BASED ON A PERCENTAGE, BUT IT'S NOT GOING TO IMPACT THEM NEARLY AT 100% OF THE INCREASE. OKAY CORRECT. 
          OKAY. IS EVERYBODY SAID ASKED OKAY. SO SINCE WE HAVE COME TO THE END OF OUR DISCUSSION ITEM, 
          [NEXT REGULAR MEETING]
OUR NEXT REGULAR MEETING WILL BE HELD IN FIVE MINUTES. DO WE NEED FIVE MINUTES TO RESET? YES. OKAY SO WE STAND ADJOURNE
* This transcript was compiled from uncorrected Closed Captioning.