[00:00:01]
          ARE YOU READY. ARE WE READY. MAYOR DEPAULO HERE. VICE MAYOR PEREZ HERE. COUNCIL MEMBER 
          [CALL TO ORDER]
BERNSTEIN. PALMER HERE. COUNCIL MEMBER. ONZAGA HERE. COUNCIL MEMBER. WATERS. BROWN HERE. 
          OKAY. WE'RE ALL HERE. OKAY. I JUST WANT TO WELCOME YOU ALL TO OUR JULY 24TH VILLAGE COUNCIL MEETING. REMIND ME. I WOULD LIKE TO REMIND YOU TO SILENCE YOUR PHONES. THE BATHROOMS LOCATED THROUGH THE DOOR TO YOUR LEFT. EXIT DOORS ARE LOCATED TO YOUR LEFT AND RIGHT, CLEARLY MARKED WITH EXIT SIGNS. YOU'LL HAVE THREE OPPORTUNITIES TO SPEAK. FIRST WILL BE DURING THE PUBLIC COMMENTS SEGMENT, AT WHICH TIME YOU CAN COMMENT ON ANY TOPIC THAT IS NOT ON THE AGENDA. THE SECOND WILL BE DURING THE AGENDA DISCUSSION ITEM. THE THIRD WILL BE BEFORE THE CLOSE OF THE MEETING. PLEASE ADHERE TO CIVILITY AND PRACTICE OF THIS AND ALL COUNCIL MEETINGS. IF YOU WISH TO SPEAK, PLEASE FILL OUT THE INFORMATION CARDS THAT ARE LOCATED ON THE TABLE BEHIND YOU AND HAND IT TO THE DEPUTY. THOSE TIME, I'LL ASK YOU TO STAND FOR THE INVOCATION GIVEN BY PASTOR WILLIAMS. PLEASE REMAIN STANDING FOR THE PLEDGE OF ALLEGIANCE. I DID WANT TO MAKE SURE. SPIRITUAL THOUGHT. I KNOW WHERE I'M STANDING, SO I'LL MAKE IT. MAKE IT BRIEF. BUT I JUST WANT TO SHARE WITH YOU. EARLIER THIS WEEK, I READ AN ARTICLE ON INTELLECTUAL HUMILITY. AND IT'S NOT A IT'S NOT A NEW CONCEPT, BUT IT'S AN INTERESTING ONE. IT'S DESCRIBES PEOPLE AS I'M SIMPLIFYING THIS WHO HAVE A GENERAL ATTITUDE OF WHAT IF I'M WRONG? AND THOSE PEOPLE THAT KEEP THAT ATTITUDE HAVE BEEN FOUND THAT THEY HAVE STRONGER RELATIONSHIPS. THEY LEARN A LOT. 
          THEY TEND TO BE PEACEMAKERS AND ALSO MAKE BETTER DECISIONS. AND IT'S A SIMILAR THOUGHT. OF COURSE, THEY CALL THESE PRINCIPLES AND THOUGHTS. YOU CAN OFTEN FIND A ROOT IN THE BIBLE, AND IN PHILIPPIANS TWO IT SAYS, PAUL STATES, FULFILL YE MY JOY THAT YOU MAY BE LIKE MINDED, HAVING THE SAME LOVE, BEING ONE ACCORD OF ONE MIND. LET NOTHING BE DONE THROUGH STRIFE OR VAINGLORY, BUT IN LOWLINESS OF MIND LET EACH ESTEEM OTHER BETTER THAN THEMSELVES. LOOK NOT EVERY MAN ON HIS OWN THINGS, BUT ON EVERY MAN ALSO ON THE THINGS OF OTHERS. I LIKE TO SAY A PRAYER IN THAT VEIN, OUR KIND FATHER IN HEAVEN. WE'RE VERY GRATEFUL FOR THE BLESSINGS THAT WAS POURED UPON US HERE IN THIS MEETING IN INDIAN TOWN. WE PRAY THAT WE'RE VERY GRATEFUL FOR THE HARD WORKING PEOPLE AND THEIR TO MAKE THIS VILLAGE OPERATE AND FOR THE TALENTS THAT THEY BRING AND SHARE. WE ASK THAT THY SPIRIT BE IN THIS MEETING, THAT WE CAN BE SENSITIVE TO THE THINGS OF OTHERS, THAT WE MAY ASK, AND WHEN WE DISAGREE THAT WE MAY ASK OURSELVES, WHAT IF I'M WRONG? WE KNOW THAT WE'RE NOT PERFECT, AND WE ASK THAT THY SPIRIT WILL HELP US, AND WE CAN AVOID CONTENTION AND MOVE FORWARD AND DO WHAT IS BEST FOR THIS BEAUTIFUL VILLAGE OF INDIAN TOWN. AND WE PRAY THIS IN THE NAME OF JESUS CHRIST. AMEN, AMEN, AMEN. I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA AND TO THE REPUBLIC FOR WHICH IT STANDS. ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL. OKAY, PASTOR, THANK YOU FOR 
          [APPROVAL OF AGENDA]
THOSE THOUGHTS. I LIKE A MOTION FOR THE APPROVAL OF THE AGENDA. I'LL MAKE A MOTION FOR THE APPROVAL OF THE AGENDA. MOTION BY COUNCILWOMAN BROWN, SECOND BY COUNCILWOMAN WILLIAMS. ALL IN 
          [FY 2026 BUDGET PRESENTATION]
FAVOR? AYE. OKAY. OKAY, FIRST THING ON THE LIST IS WE GOT THE 2025 BUDGET PRESENTATION. AND I BELIEVE, MICHAEL. SUPERIOR. YEP. AND I WOULD LIKE, BEFORE WE GET STARTED, TO ANNOUNCE THAT WE HAVE RENEE HERE WITH US AS YOUR VILLAGE CLERK, BECAUSE LAWANDA IS IN THE HOSPITAL. SHE HAD A 
          [00:05:01]
BABY BOY, 6 POUNDS, ONE OUNCES. HIS NAME IS DENVER, AND WE'RE VERY EXCITED FOR HER. AND THEN JOSH IS HELPING US OUT TOO. SO I AM SERIOUS. REGULATION. OKAY. SO WHO'S RUNNING IT? JOSH HAS GOT IT. OKAY. YEAH. LOOKS GOOD. OKAY. COUNCIL MEMBERS, MIKE FLORIO, FINANCE DIRECTOR. GREAT TO BE HERE. THIS PRESENTATION IS NOT REAL LONG. PROBABLY HAVE MORE COMMENTARY AND WE'LL HAVE MORE DISCUSSION PERHAPS THAN WHAT THE SLIDES WILL ENTAIL. BUT I JUST WANTED TO SHOW YOU A SNAPSHOT OF THE TWO MAJOR FUNDS FOR THE VILLAGE. WE HAVE TWO MAJOR OPERATING FUNDS, THE GENERAL FUND, WHICH COVERS GOVERNMENTAL OPERATIONS, THAT IS FINANCE, VILLAGE MANAGER, CLERK, ECONOMIC DEVELOPMENT, PARKS AND RECREATION, AND THEN UTILITY FUND, WHICH IS WATER AND SEWER OPERATIONS. I'LL ALSO NOTE THAT THE GENERAL FUND INCLUDES THE PUBLIC WORKS, ROAD, STREET AND DRAINAGE OVER THERE. SO THAT'S ON THAT SIDE OF THE HOUSE. THE OTHER FUNDS THAT WE HAVE ARE CAPITAL PROJECT GRANT RELATED. AND I HAVE SOME, I THINK, QUALITATIVE INFORMATION ABOUT THEM. THE FUND PRESENTATION OF THEM I THINK WAS MAYBE A LITTLE BIT CONFUSING. SO I LEFT THEM OUT. BUT I WANTED TO FOCUS ON THESE TWO MAJOR FUNDS AND PARTICULARLY THE GENERAL FUND, WHICH IS THE BASIS OF THE TENTATIVE MILLAGE RATE THAT YOU'LL BE MAKING THE DECISION ON TONIGHT. SO WHERE WE ARE CURRENT YEAR, WITH TOTAL PROJECTED REVENUES FOR THE GENERAL FUND, WE HAVE ABOUT 8.7 MILLION, WHICH IS JUST SURPASSING TOTAL PROJECTED BUDGET FOR CURRENT YEAR. UTILITY FUND ALSO DOING PRETTY GOOD. WE'LL TALK ABOUT SOME OF THE SPECIFICS WITH THAT FUND, WHY SOME OF THE REVENUES HAVE BEEN TRENDING A LITTLE HIGHER THAN WHAT WE HAD ANTICIPATED. BUT ON THE REVENUE SIDE, THINGS LOOK PRETTY GOOD. EXPENDITURES. THE GENERAL FUND THERE LOOKS A LITTLE WONKY, IF YOU WILL, AND IT'S KIND OF HARD TO READ. BUT, YOU KNOW, OUR EXPENDITURES LOOK A LOT LOWER THAN WHAT WE BUDGETED AS REASONS FOR THAT. ON THE BUDGET SIDE, WE ALWAYS BUDGET EMERGENCY CONTINGENCY. SO IN THIS BUDGET FOR GENERAL FUND, THERE'S $550,000 OF EMERGENCY CONTINGENCY THAT WE HAVEN'T SPENT. SO THAT'S SHOWING, YOU KNOW, THAT'S THE REASON WHY THE ACTUAL PROJECTED IS LOWER. AND WE HAD SOME TRANSFERS THAT WE WERE GOING TO BE DOING RELATED TO GENERAL GOVERNMENT CAPITAL PROJECTS THAT HAVEN'T HAPPENED THAT WERE SPECIFIC TO LINCOLN STREET AND THE SEMINOLE AVENUE PROJECT, WHICH HAVEN'T, WHICH HAVE NOT YET COMMENCED. SO THEY'RE A LITTLE BIT LOWER THAN EXPECTED. UTILITY FUND. AGAIN, THEY'VE HAD A LOT OF STUFF. AND YOU'VE HEARD MR. NOLAN UP HERE TALK ABOUT A LOT OF THE REPAIRS AND EMERGENCIES THAT HE'S DEALT WITH. EXPENDITURES OVER THERE HAVE BEEN VERY HIGH. ALMOST ALL OF IT IS SPECIFIC TO CAPITAL, YOU KNOW, REPAIRS AND REPLACEMENTS, EMERGENCY REPAIRS AND REPLACEMENTS. AND HE'S DOING THEY'RE DOING THE BEST THEY CAN OVER THERE TO MANAGE THAT SITUATION. ALL RIGHT. GENERAL FUND HERE. THIS IS A REALLY GOOD PICTURE I THINK A TABLE THAT SHOWS THE ITEMIZATION OF WHAT THE $8.7 MILLION OF REVENUE IS IN THE GENERAL FUND. WE'LL JUST GO FROM THE TOP TO THE BOTTOM OF THIS TABLE HERE. OBVIOUSLY, THE MAJOR COMPONENT IS AD VALOREM TAXES, WHICH IS A TOTAL THIS YEAR OF ABOUT 4.3 MILLION. THAT INCLUDES TANGIBLE PERSONAL PROPERTY AND REAL PROPERTY. AND AGAIN, AS WE KNOW, ABOUT 86% OF THE TOTAL PROPERTY TAX RECEIPTS COMES FROM TANGIBLE PROPERTY AND FROM A COUPLE OF PARCELS HERE IN THE VILLAGE OVER ON MARKET STREET, LOCAL, LOCAL OPTION, GAS TAX. YOU KNOW, THE COUPLE OF YEARS AGO, I THINK WE EXPLAINED TO THE COUNCIL, ACTUALLY THE VILLAGE MANAGER DID, I THINK SHE DID SOME DIGGING WITH THE COUNTY AND WE LEARNED THAT THERE WAS A CHANGE IN THE GASOLINE TAX FORMULA ON HOW THOSE RECEIPTS WERE BEING DISTRIBUTED. IT WENT FROM, I THINK, A TEN YEAR PROJECT TIMELINE TO FIVE YEAR, AND THAT GREATLY FAVORED THE COUNTY. IT REDUCED OUR SHARE FROM ABOUT 3% TO 1% OF TOTAL RECEIPTS. AND I THINK WE'RE STILL SINKING. I HAVEN'T FOUND THE BOTTOM YET, SO THINGS ARE STILL KIND OF TRENDING DOWN WITH GAS TAX. AND I YOU KNOW, I'M NOT SURE WHERE WE'LL SETTLE OUT IF THERE WILL BE A LEVEL THAT WILL, BUT WE'RE LOOKING A LITTLE BIT LOWER THAN WHAT I THOUGHT. 
          COMMUNICATION SERVICES, TAXES AGAIN, SOMETHING THAT'S COLLECTED AT THE LOCAL LEVEL, BROUGHT UP TO DEPARTMENT OF REVENUE AND DISTRIBUTED STATEWIDE. WE'RE PRETTY CLOSE TO 
          [00:10:01]
BUDGET ON THAT BUSINESS TAX. WE'VE HAD A LOT OF BUSINESS TAX RECEIPTS THIS YEAR, MORE THAN I THOUGHT WE WOULD HAVE. AND BUILDING PERMITS. WE'VE BEEN REALLY ROCKING IT WITH THAT. AND IT'S PROBABLY NO SURPRISE WE'VE HAD A LOT OF ACTIVITY OVER IN TERRA LAGO AND ELSEWHERE ACROSS THE VILLAGE. A TREMENDOUS, TREMENDOUS VOLUME IN THAT ARENA. THAT'S BEEN A REALLY BRIGHT SPOT. AND I THINK WE'RE GOING TO SEE SIMILAR LEVELS TO THAT NEXT FISCAL YEAR INTO 2026, AND AT LEAST FOR THE NEXT COUPLE OF YEARS, AND HOPEFULLY BEYOND FRANCHISE FEES. THAT IS A COLLECTION ON ELECTRIC UTILITY FROM FPL THAT IS REMITTED TO US ONCE A MONTH BY FLORIDA POWER AND LIGHT, AND IT'S VERY CLOSE TO WHAT WE BUDGETED. WE MIGHT BE AT THE 470 RIGHT NOW. I'M SAYING MAYBE JUST A TAD UNDER 465. AND MOBILITY FEES IS THE NEW THING HERE. SO MOBILITY FEES IMPACT FEES FOR THE VILLAGE. THIS IS FOR NEW ROADS, BIKE PATHS, THINGS RELATED TO THAT NEW NEW NEW CONSTRUCTION, NEW BUILD. IT'S NOT FOR MAINTENANCE. AND IT'S ALSO RESTRICTED. AND I THINK SOMEWHERE IN HERE I HAD A NOTE THAT, YOU KNOW, THAT THAT'S MONEY THAT I'M GOING TO BE PUTTING INTO A SEGREGATED BUCKET TO MAKE SURE THAT ONLY THOSE TYPES OF EXPENSES ARE USED FOR THAT. THAT'S NOT FOR GENERAL PURPOSE USE. WE CANNOT USE USE IT FOR THAT. FEDERAL GRANTS, THE FEDERAL GRANT PICTURE THERE THAT I HAD IN THE BUDGET OF 675,000, THAT WAS MONEY THAT WE WOULD HAVE GOTTEN RELATED TO THE SEMINOLE AVENUE PROJECT. THAT'S ABOUT WHAT THAT PROJECT WAS VALUED. THERE'S AGAIN, BEEN A DELAY WITH THAT. SO WHAT WE'VE COLLECTED SO FAR THIS YEAR HAS TO DO WITH A FEDERAL GRANT THAT DINA FREEDMAN'S DEPARTMENT ECONOMIC DEVELOPMENT, THEY HAVE A THRIVING COMMUNITIES. IT'S A US DOT PROJECT AND THEY'RE DOING SOME GIS MAPPING AND BUILDING SOME STUFF FOR PLANNING. AND I THINK FUTURE FUTURE DEVELOPMENT FORECASTING WORK. SO THERE'S SOME REALLY GREAT WORK WITH THAT YEAR. TO DATE IT'S ABOUT 10,000. THE TOTAL GRANT THAT WE HAVE I THINK IS 90,000. AND THAT WILL BE WE WILL RECEIVE THAT. I SHOULD SAY WE WILL MATCH EXPENSES TO REVENUES WITH THAT BECAUSE THEY SEND US THE MONEY IN ADVANCE. SO THAT'S LIKE A DEFERRED REVENUE. AND THEN WE RECOGNIZE IT WHEN WE ACTUALLY SPEND THE MONEY. SO WE'LL SPEND, I THINK, A LITTLE OVER $90,000 IN TIME. BUT SO FAR THIS YEAR, ABOUT 10,000 STATE REVENUE SHARING ALSO STATE DISTRIBUTION THERE AGAIN, A LITTLE LOW ON THAT SALES TAX. WE'RE CLOSE. THE DISCRETIONARY SALES TAX. THAT IS THE NEW HALF CENT THAT THE WAS PASSED BY VOTERS LAST YEAR AND IS BEING DISTRIBUTED. SO THAT ALSO THAT IS MONEY THAT IS FOR INFRASTRUCTURE ONLY. AND I BELIEVE VILLAGE MANAGER HAD SPOKEN ABOUT THIS PREVIOUSLY REGARDING ALLOCATION TOWARD A NEW FACILITY HERE, YOU KNOW, ON ON THE GROUNDS OF VILLAGE HALL. THAT WAS SOMETHING THAT OBVIOUSLY THE VILLAGE ATTORNEY'S TALKING WITH THE NEIGHBORING PROPERTY OWNER ON HOW WE MIGHT BE ABLE TO ACQUIRE THAT AND BUILD SOMETHING THERE. SO THAT'S LIKELY AGAIN, THAT'S PROBABLY ABOUT WHAT WE'RE GOING TO BE COLLECTING EACH YEAR. I'M GUESSING ABOUT 400,000. WE'LL SEE HOW THAT GOES. MAY GO UP AND DOWN A LITTLE BIT. BUT THAT'S WHAT I'M THINKING. JUDGMENTS AND FINES ARE CODE ENFORCEMENT. THAT IS SPECIAL MAGISTRATE. CERTAIN COLLECTIONS. AND THAT'S REALLY THE FIRST TIME WE'VE SEEN REVENUE IN THAT AREA IN A COUPLE OF YEARS. CHARGES FOR SERVICES, MOST OF THAT WERE WELL BELOW ON THAT, REALLY. INTERESTINGLY ENOUGH, EVEN WITH ALL THE DEVELOPMENT ACTIVITY WE'VE HAD, WE HAVEN'T HAD AS MUCH DEVELOPMENT REVIEW APPLICATION IN TERMS OF WHAT'S BEEN CODED TO THAT REVENUE LINE. THIS YEAR IS WHAT WE EXPECTED. I'LL HAVE TO CIRCLE UP WITH DINA ON THAT AND GET A BETTER IDEA ON WHAT WE CAN EXPECT FOR NEXT YEAR, BUT THAT'S BEEN A LITTLE BIT DOWN, A LITTLE DISAPPOINTING THERE. LEASES HAS TO DEAL WITH OUR CURRENT LEASE AT BIG MOUND PARK WITH THE CANE CENTER. WE PAY 1500 A MONTH FOR THAT, AND I THINK THAT MAY CHANGE. LEASES WILL PROBABLY ALSO PICK UP BECAUSE, AS YOU KNOW, WE HAVE A NEW CONTRACT WITH, I THINK WITH THE SOCCER CLUB. AND THAT WAS A TEN MONTH LEASE THAT WAS APPROVED BY COUNCIL. SO WE'LL SEE WHAT THAT LOOKS LIKE IN FUTURE YEARS. AND INTEREST INCOME HAS BEEN GREAT. 
          WE'VE BEEN AVERAGING ABOUT 4.5%. AGAIN, ONE OF THE THINGS I WANT TO THANK THE COUNCIL FOR WAS APPROVING LAST YEAR THE RESOLUTION TO ENTER INTO NEW BANKING SERVICE WITH WELLS FARGO BANK. YOU KNOW, WE WERE KIND OF IN THE DOLDRUMS WITH THE OTHER LOCAL DEPOSITORY, AND WE'VE REALLY DONE EXCEPTIONALLY WELL. WE'VE BEEN ABLE TO DO AVERAGING REALLY 4.5% OR SO ON ALL OF OUR MONEY, WHICH WE'VE SAVED. AND WE WERE AT ABOUT 2% OR LESS BEFORE. SO THAT'S NETTED ABOUT $125,000 MORE NET INCOME THAN ON INTEREST INCOME THAN WHAT WE PROJECTED PREVIOUSLY. MISCELLANEOUS ADMIN FEES RELATED TO COLLECTIONS OF THE MOBILITY FEES THAT WE'VE BEEN RECOGNIZED THIS YEAR AND 
          [00:15:06]
TRANSFERS IS GOING TO BE THE CONTRIBUTION FROM THE UTILITY FUND TO THE GENERAL FUND. THAT'S A PAYMENT THAT MOST UTILITIES THEY MAKE THAT IN LIEU OF TAXES. THAT'S A VERY COMMON THING. SO THAT IS WHAT UTILITY FUND PAYS THE GENERAL FUND FOR GENERAL SUPPORT. I WILL TELL YOU THAT NUMBER IS PROBABLY PRETTY LOW. BUT WE'RE DOING WHAT WE CAN WITH UTILITY FUND. YOU KNOW, THEY HAVE OTHER PRIORITIES AND WE'RE WORKING WITH THEM ON THAT. OF COURSE. OKAY. AGAIN, THIS IS JUST A BREAKOUT OF THE INTEREST. YOU KNOW, ALLOCATION AND THE MAJOR FUNDS THAT WE'VE HAD DISTRIBUTIONS TO GENERAL FUND WATER AND SEWER. IT'S BEEN VERY GOOD COMPARED TO BUDGET. WE'LL SEE WHAT HAPPENS. I THINK AGAIN, I DON'T THINK I DON'T THINK INTEREST IS GOING TO STAY WHERE IT IS. PROBABLY WON'T BE WHERE IT IS A YEAR FROM NOW. I THINK THE PROJECTIONS ARE THAT WE'LL SEE SOME SORT OF RATE CUTS. THERE'S A LOT OF PRESSURE FROM THAT, AS YOU PROBABLY READ IN THE NEWS. SO WE'LL SEE WHAT HAPPENS. BUT THAT WILL, THAT WILL THOSE NUMBERS LIKELY WE WON'T ACHIEVE AGAIN NEXT YEAR. ONE THING I WANTED TO JUST SHARE WITH YOU, I MIGHT HAVE POSSIBLY COULD HAVE HAD THIS SLIDE A COUPLE SLIDES EARLIER. THIS IS A TABLE THAT SHOWS, YOU KNOW, OF THE $4.3 MILLION WE COLLECT IN AD VALOREM TAXES. THIS IS THE AMOUNT OF MONEY THAT WE REMIT BACK TO FPL AS PART OF THE TPP GRANT AGREEMENT. SO THAT'S ABOUT 25% OF WHAT WE COLLECT IN TOTAL AD VALOREM. AGAIN, I, I SAID BEFORE, YOU KNOW, I THINK WE'RE HAPPY TO HAVE EVERYTHING THAT WE CAN GET. WE'RE VERY THANKFUL AND FORTUNATE TO HAVE THE TPP AGREEMENT WITH FP AND L AGAIN, PARTICULARLY WITH THE REALITY THAT, YOU KNOW, 85 PLUS PERCENT OF THE TOTAL AD VALOREM RECEIPTS COME FROM THEIR THEIR PROPERTY. SO, YOU KNOW, THIS IS THIS IS KIND OF LIKE A DOUBLE EDGED SWORD FOR ME WHEN I MAKE THIS PAYMENT EACH YEAR. YOU KNOW, I'M GLAD THAT WE HAD THE RECEIPTS, BUT IT'S VERY PAINFUL TO LET IT GO. THIS WAS A BIG ONE THIS YEAR, YOU KNOW, ALMOST $1 MILLION. BUT I JUST WANT TO LET YOU KNOW THAT. AND THAT'S SOMETHING THAT WE YOU KNOW, I WANT TO MAKE SURE THAT THE RESIDENTS UNDERSTAND THAT AS WELL. IS THAT THE 4.3 MILLION, WE DON'T GET TO KEEP IT ALL. YEAH. OKAY. THIS IS UTILITY FUND ITEMIZATION. AS FAR AS THEIR COLLECTIONS AND RECEIPTS. WE HAVE DONE BETTER IN UTILITY FUND IN FISCAL YEAR 25 THAN IN PRIOR YEARS. A LOT OF THAT HAS TO DO WITH MUCH MORE ACCURATE METERING IN THE SYSTEM. YOU KNOW, WE HAD METERS LAST YEAR. WE WENT THROUGH A COMPLETE SYSTEM CHANGE OUT. AS YOU PROBABLY KNOW, ALL METERS IN THE SYSTEM WERE REPLACED. WE HAD METERS OUT THERE THAT WERE 20, 30 YEARS OLD. MANY OF THEM, YOU KNOW, THE INHERENT NATURE OF METERS AT LOW FLOW RATES IS THEY'RE NOT ACCURATE. THEY TEND TO REMAIN, RETAIN SOME ACCURACY AT MID FLOW RATES AND HIGHER FLOW RATES. BUT AT LOW FLOW, LIKE A GALLON A MINUTE, HALF A GALLON A MINUTE, A LOT OF THAT STUFF JUST GOES RIGHT THROUGH AND DOESN'T GET PICKED UP AND REGISTERED. SO WE'VE REALLY DONE REMARKABLY WELL. AND AGAIN, OUR METERS ARE I THINK THEY CALL ULTRASONIC. SO THEY'RE NOT THEY DON'T HAVE ANY MOVING PARTS. SO THE SYSTEM BASICALLY RECORDS FLOW USING ELECTRONIC SENSORS AND THE ACTUAL DISPLACEMENT OF WATER. IT'S PRETTY IT'S PRETTY IMPRESSIVE TECHNOLOGY AND IT'S VERY ACCURATE. IT'S VERY ACCURATE. I THINK IT'S DOWN TO THE 16TH OF A GALLON OR THE 32ND OF A GALLON. IT'S VERY, VERY ACCURATE. MUCH MORE SO THAN THE MECHANICAL METERS THAT HAVE BEEN USED FOR DECADES BEFORE. OVERALL REVENUE AGAIN LOOKING PRETTY GOOD. THE COMBINATION OF CHARGES FOR WATER AND SEWER THERE, THAT THIRD LINE, OR I SHOULD SAY FOURTH LINE, THAT'S A BIG SPIKE BECAUSE WE DID SELL A TON OF METERS TO TERRA LARGO, TO RIVER OAK, AND TO OTHERS ABOUT ABOUT EXACTLY THAT, ABOUT A QUARTER MILLION, $250,000 IN NEW METERS FOR THESE DEVELOPMENTS. SO THAT WAS A BIG A BIG PLUS THERE. AND INTEREST HAS DONE AGAIN VERY WELL IN THE UTILITY FUND. THESE ARE OUR GRANT PROJECTS, ACTIVE PROJECTS. I THOUGHT THIS TABLE VIEW WAS BETTER THAN LOOKING AT A FUND VIEW. SO THE TERRA LARGO PROJECT, THE COMMUNITY DEVELOPMENT DISTRICT WAS ORIGINALLY A TOTAL OF $38 MILLION. AS YOU RECALL, WE WERE RECENTLY AWARDED AN ADDITIONAL 5 MILLION FOR THAT PROJECT. SO IT'S NOW A TOTAL OF 43 MILLION. WE HAVE SPENT TO DATE, AND WE MAY EXCEED THAT. WE'VE SPENT $23 MILLION IN THIS WHOLE PROCESS. JUST SO YOU'RE AWARE, WE'RE DOING IT ON WHAT THEY CALL AN ADVANCED FUNDING BASIS OR ADVANCED PAYMENT BASIS. WHAT THAT MEANS IS THE VILLAGE MIGHT MY DEPARTMENT AND THE PUBLIC WORKS DEPARTMENT, WE COLLECT ALL THE INVOICES FOR THE CONTRACTORS WHO WERE DOING THE WORK IN TERRA LARGO, FOR THE PROPERTIES THERE AND FOR WASTEWATER PLANT AND FOR ALL THE WASTEWATER IMPROVEMENTS THAT ARE BEING DONE IN THAT PROJECT. THE CONTRACTORS SUBMIT THEIR INVOICES TO US, WE PROCESS THEM, WE SUBMIT THEM INTO A 
          [00:20:07]
PACKET THAT GOES TO THE DEP, THE DEP REVIEWS IT. THEY THEN PROCESS IT IN THEIR OWN ACCOUNTS PAYABLE DEPARTMENT, TAKES ABOUT 3 OR 4 WEEKS, AND THEN THEY SEND US A WIRE PAYMENT FOR THE AMOUNT OF MONEY THAT WE REQUESTED. AND SOME OF THESE PAYMENTS HAVE BEEN PRETTY BIG, $1 MILLION, $2 MILLION. WE'VE HAD AS HIGH AS $5 MILLION. THEY SENT US THE MONEY IN ADVANCE BEFORE WE PAY ANYBODY. WE'RE VERY LUCKY THAT WE HAVE THAT ABILITY AND THAT PRIVILEGE. THERE'S NO WAY WE'D BE ABLE TO DO THESE PROJECTS WITHOUT THAT. SO THEY SENT US THE MONEY IN ADVANCE, AND THEN WE DISPERSE THOSE FUNDS TO THE TERRA LARGO CDD, WHO IN TURN THEN DISPERSES THOSE FUNDS TO THEIR CONTRACTORS INTERNALLY. SOME OF SOME OF THE PROJECTS, LIKE FOR EXAMPLE, THE METER CHANGE OUT, THAT WAS A PROJECT THAT WAS ROLLED UNDER THE WASTEWATER IMPROVEMENTS. WE GOT VERY LUCKY WITH THAT IN GETTING APPROVAL FROM DEP FOR THAT. THAT WAS A PROJECT THAT WE ACTUALLY DID INCUR THE EXPENSES AND GOT LIKE A TRUE REIMBURSEMENT FOR IT. BUT MOST OF THE MONIES THAT WE HAVE RECEIVED HAVE BEEN IN THAT ADVANCE PAY BASIS. SO WE'RE NOT OUT OF POCKET ANYTHING. WE GET THE MONEY FIRST AND THEN WE SEND IT TO THE IT'S BEEN IT'S BEEN WORKING PRETTY GOOD. IT'S A LOT OF WORK. THERE'S A LOT INVOLVED WITH IT. I WON'T GET INTO ALL THE DETAILS ON THE ACCOUNTING BACK END. THERE'S QUITE A BIT. AND THEN WE HAVE THE GRANTS COMPLIANCE AND DEALING WITH ALL THAT STUFF AND THE HOOPLA THAT GOES WITH IT. BUT IT'S BEEN REALLY OUTSTANDING IN THE GARCIA COMPANY AND THE ARGO CD HAVE BEEN EXCELLENT TO WORK WITH. THE DEEP INJECTION. 
          WELL, REVERSE OSMOSIS PLANT, WE'RE AT 2.8 MILLION OF SPEND ON THAT AS AS YOU ALL KNOW, AND WE'RE ALL VERY PROUD OF IT. WE JUST GOT THE $22.5 MILLION AMENDMENT ADDED TO THAT. THAT PROJECT WAS ORIGINALLY 10.6 MILLION, ADDING A 22.5. THAT BRINGS IT TO 33 ONE. SO AGAIN, THAT PROJECT WE'RE GOING TO FINISH, THE DEEP INJECTION WELL SHOULD BE ABLE TO FINISH THE DEEP INJECTION WELL WITH THAT. AND THEN AS FAR AS HOW THE REST OF THE PROJECT WILL GO, I MEAN, WE HAVE FLORIDA AND WELLS THAT NEED TO BE CONSTRUCTED. I THINK THE PLAN IS TO BUILD THREE OF THEM. WE'RE GOING TO BUILD A TEST PILOT AND THEN BUILD, I THINK, THREE, THREE WELLS. I DON'T KNOW THE WHAT THE COST OF EACH OF THOSE WILL BE, BUT I THINK THEY'RE A COUPLE MILLION DOLLARS EACH. AND THEN WE HAVE TO START BUILDING THE, THE INFRASTRUCTURE FOR THE FOR THE NEW WATER PLANT ITSELF. AND I DON'T HAVE A SPECIFIC NUMBER ON THE WHAT THE ACTUAL TOTAL PLANT CONSTRUCTION WILL BE THE LAST NUMBER THAT WE HAD FROM KIMLEY-HORN FOR A MUCH SMALLER PLANT WAS $60 MILLION. I THINK WE'RE LOOKING AT ABOUT 4.4 4.8 MILLION GALLON A DAY PLANT. THAT ONE BEFORE WAS 3.2. SO WE KNOW WE NEED BIGGER. AND SO IT'S GOING TO BE MORE THAN 60 MILLION. OF COURSE, THAT NUMBER WAS FROM A COUPLE OF YEARS AGO. AND WE KNOW WHAT'S HAPPENED IN THE LAST COUPLE OF YEARS. PRICES HAVE JUST GONE UP. THE 12 INCH WATER MAIN. THIS IS A BIG 12 INCH MAIN THAT I BELIEVE RUNS ON THE OTHER SIDE OF WARFIELD BOULEVARD, UP TO WHERE TENT LODGE IS. IT'S GOING TO ESSENTIALLY LOOP IN THAT WHOLE AREA AND GET THEM ON POTABLE WATER AND SEWER. WE'RE DOING WATER AND SEWER MAIN OVER THERE. THE SEWER PART IS GOING UNDERNEATH THE $43 MILLION PROJECT, BUT THAT PROJECT IS MOVING ALONG VERY QUICKLY. THE CONTRACTOR IS DOING GREAT WORK OUT THERE. THE PAYOFFS ARE JUST POURING IN AND WE'RE PROCESSING THEM. THE TYLER TECH SOFTWARE, OUR ERP SYSTEM THAT'S, YOU KNOW, LARGELY IMPLEMENTED, BUT WE'RE PAYING THE BILLS ON THAT NOW FOR THE SOFTWARE FEES, IMPLEMENTATION FEES, AND WE WILL PROBABLY BE DONE WITH THAT BEFORE THE END OF THIS YEAR. STATE REVOLVING FUND PROJECT. 
          THAT'S THE CONSTRUCTION LOAN THAT WE RECEIVED EARLIER THIS YEAR FOR IMPROVEMENTS AT THE EXISTING WATER PLANT. WE HAD BEEN REQUESTING CERTAIN CONSIDERATION FOR INVOICES THAT WE HAD PAID IN FISCAL YEAR 2024 TO BE APPLIED TO SOME OF THAT 12 MILLION. I'M NOT SURE WE'RE GOING TO GET APPROVAL FOR THE EXISTING FACILITY AND I THINK IT'S ON THE AGENDA, WAS AN AGENDA THAT THE KIMLEY-HORN CONTRACT FOR THAT PROJECT. THAT'LL BE THE FIRST ACTUAL COMMITMENT THAT WE'LL HAVE AGAINST THAT 12.1 MILLION. OKAY. UPTOWN DRAINAGE. THAT THAT PROJECT HAS BEEN OUT THERE FOR REALLY FOR A COUPLE OF YEARS. WE'RE AT THE FINISH LINE. THIS WAS THE DESIGN PROJECT. SO THIS WAS DESIGN OF DRAINAGE IMPROVEMENTS IN THE UPTOWN AREA HERE, I GUESS, ON THIS SIDE OF WARFIELD BOULEVARD. THE ENGINEERS ARE FINALIZING THE WORK WITH THAT. THERE'S SOME ADDITIONAL WORK THAT NEEDS TO BE COORDINATED, I THINK, WITH PUBLIC COMMENT AND COMMUNITY REVIEW. UNFORTUNATELY, AT THIS TIME, THAT'S WHERE THAT PROJECT IS GOING TO END BECAUSE WE DON'T HAVE FUNDS FOR CONSTRUCTION. THE CONSTRUCTION PORTION WAS ESTIMATED AT THE TIME OF ABOUT SEVEN PLUS MILLION DOLLARS. AND WE HAVE SOME REAL CHALLENGE WITH 
          [00:25:02]
THAT, BECAUSE PART OF THE ISSUE WITH DRAINAGE PROJECTS IS WHEN YOU START DOING IMPROVEMENTS WITH DRAINAGE AND ROADWAYS, YOU ALSO HAVE UNDERGROUND INFRASTRUCTURE THAT NEEDS TO BE REPLACED AND MOVED. UTILITY INFRASTRUCTURE AND UTILITY FUND REALLY DOESN'T HAVE THE MONEY TO PAY, YOU KNOW, A HALF A MILLION, $1 MILLION TO UPGRADE AND UPSIZE AND REPLACE WATER AND OR SEWER MAINS THAT THAT INEVITABLY WILL BE CONFLICTS IN THE ROADWAY WHEN YOU DO A PROJECT LIKE THAT. SO WE WOULD NEED MORE FUNDING ON BOTH SIDES OF THE HOUSE TO MAKE THAT HAPPEN. OKAY. AND THEN WE HAVE THE SEMINOLE AVENUE AND LINCOLN STREET PROJECTS, WHICH ARE THEY'RE THERE, BUT THEY HAVE NOT MOVED FORWARD QUITE YET. I DO BELIEVE LINCOLN STREET. MR. NOLAN HAD TOLD ME THEY HAVE DONE DESIGN WORK. THEY'VE THEY'VE COME TO AGREEMENT ON DESIGN WORK WITH THAT. THERE WAS SOME EXTENDED DELAYS WITH DDOT, SO WE MAY START SEEING SOMETHING WITH THAT SOON. OKAY. THESE ARE DEPARTMENT BUDGETS. THIS IS JUST A GRID TABLE OF ALL THE VILLAGE DEPARTMENTS AND THE OPERATING AND CAPITAL OUTLAY FUNDS HERE. YOU KNOW, WHAT YOU'LL SEE IS YOU KNOW, WE HAVE MOST OF THE BUDGETS ARE, YOU KNOW, WITHIN RANGE OF BEING UNDER JUST UNDER. WE HAVE A COUPLE SITUATIONS HERE WHERE THE UTILITY IS, IS WAY OVER AND A LOT OF THAT AGAIN YOU IT'S NOTHING NEW. YOU'VE YOU'VE HAD MANY COUNCIL AGENDA ITEMS WITH EMERGENCY WORK WITH CYBER ELECTRIC. WE'VE TALKED ABOUT HIGH SERVICE PUMPS THAT NEED TO BE REPLACED. THERE'S A LOT THAT HAS GONE ON OVER THERE OVER THE PAST YEAR, AND IT'S REALLY KIND OF DRAWN DOWN RESERVES, FRANKLY, OVER THERE. AGAIN, WE'RE DOING WHAT WE CAN TO OBTAIN GRANT REIMBURSEMENTS, BUT, YOU KNOW, WORK HAS TO GET DONE. AND THAT UTILITY FUND HAS BEEN DEFINITELY TESTED THIS YEAR WITH A LOT OF MISFORTUNE. IT'S BEEN GOOD FORTUNE ON THE REVENUE SIDE, BUT A LOT ON THE EXPENSE SIDE. IT'S BEEN OUTPACING THE REVENUES, BUT WE'RE DOING THE BEST WE CAN TO MANAGE IT. WASTEWATER UTILITY SIMILAR SITUATION THERE AND GENERAL OPS RIGHT NOW THAT'S KIND OF LOOKING PRETTY GOOD. I THINK WE'VE JUST DONE A LOT MORE WORK WITH WATER AND SEWER IMPROVEMENTS THAN WITH GENERAL UTILITY OPERATIONS. THE I WOULD JUST POINT YOUR ATTENTION TO, TO, YOU KNOW, MY FINANCE BUDGET. WE'LL TALK MORE ABOUT SOME OF THIS HERE AND ADMINISTRATION. YOU KNOW, WE'VE BEEN CARRYING VACANCIES AND I HAVE A SLIDE IN HERE. YOU KNOW, THAT THAT'S REALLY WHAT THAT'S FROM. WE'VE HAD THE INABILITY TO FILL CERTAIN ROLES AND POSITIONS FOR A LONG TIME. WE HAD LAPSED SALARIES. AND THAT'S REALLY THE CRUX OF WHAT THAT IS. THERE IS, IS WE JUST WE JUST HAVE POSITIONS THAT WE CAN'T GET BODIES INTO TO DO THE WORK. SO THAT'S WHERE AND WE'RE GOING TO HAVE TO MAKE SOME DECISIONS ON THAT. I THINK THIS YEAR, AS FAR AS WHAT WE DO GOING FORWARD, WILL WE FILL THEM, CAN WE FILL THEM? SHOULD WE FILL THEM? HOW DO WE ADDRESS THE NEED? BECAUSE THE NEED HASN'T CHANGED. IT'S GROWING, BUT WE HAVEN'T BEEN ABLE TO GET THE STAFF NECESSARY. OKAY. PERSONNEL COSTS. I THOUGHT, YOU KNOW, YOU SHOULD SEE THIS. THIS IS A BREAKDOWN OF TOTAL PERSONNEL SALARIES, BENEFITS, HEALTH CARE, RETIREMENT, PENSION. THIS IS, YOU KNOW, SO THE TOTAL BUDGET IS 3.4 MILLION OF PERSONNEL. AND AGAIN LOOKING AT THE VARIANCES THERE YOU'LL SEE THAT. YEAH I'VE BEEN CARRYING POSITIONS IN FINANCE I CAN'T FILL HAVEN'T BEEN ABLE TO FILL. AND SAME IN GENERAL ADMIN. WE WILL TALK MORE WHEN WE GET TO THE ACTUAL BUDGET PRESENTATION FOR THE FISCAL YEAR 26 BUDGET PRESENTATION. RIGHT NOW, I THINK THE ONE POSITION THAT WE ARE GOING TO WANT TO FILL, AND WE'RE GOING TO MAKE SOME CUTS AND ADJUSTMENTS TO EXISTING POSITIONS, IS GETTING A DEPUTY VILLAGE MANAGER POSITION INTO THE BUDGET? VILLAGE MANAGER HAS ASKED ABOUT THAT AND WANTS THAT. AND SO WE WILL WE WILL PUT THAT IN THERE AND THAT PROCESS WILL BEGIN. SHE'S READY TO START WORKING WITH SOMEONE. AND SO WE NEED TO ACCOMMODATE THAT. OKAY. AND THIS IS AGAIN THE OBJECT CODE EXPENSE LINE BREAKOUT FOR PERSONNEL SERVICES. AND AGAIN YOU SEE THE STANDOUTS. THERE ARE LAPSED WAGES HEALTH INSURANCE AND BENEFITS. YOU KNOW WE'VE WE'VE HAD SOME TURNOVER. SOME PEOPLE LEAVE TIME BETWEEN POSITIONS OF PEOPLE LEAVING AND THEN GETTING SOMEONE IN THAT ROLE. THAT'S REALLY A BIG CHUNK OF WHAT THE UNDERSPENDING HAS BEEN. IT'S BEEN POSITIONS THAT ARE NOT NOT BEING FILLED. UTILITY FUND. THEY HAVE BEEN AT FULL STAFF MOST OF THE YEAR. 
          THEY'VE HAD A LITTLE BIT OF TURNOVER, 1 OR 2 POSITIONS THAT I CAN THINK OF. THEY'RE TRENDING 
          [00:30:04]
ON TARGET FOR THE MOST PART WITH TOTAL WITH TOTAL PERSONNEL BUDGET SLIGHTLY OVER ON OVERTIME LIKELY. THE REST IS GOING TO BE PRETTY MUCH ON TARGET. I DON'T SEE A PROBLEM WITH THE OVERALL PERSONNEL BUDGET IN THE UTILITY FUND. AND THIS IS A TABLE THAT JUST KIND OF SHOWS YOU, YOU KNOW WHAT I'VE BEEN CARRYING, YOU KNOW, IN MY SCHEDULES FOR PAYROLL BUDGET, THESE ARE THESE ARE ALL THE POSITIONS THAT ARE OUT THERE THAT WE THAT WE HAVEN'T BEEN ABLE TO FILL OR THAT HAVE BEEN HELD BACK. YOU KNOW, WE HAVE AN OFFICE COORDINATOR POSITION. WHICH VILLAGE MANAGER HAS INDICATED THAT POSITION? WE WILL CONVERT TO DEPUTY VILLAGE MANAGER. AND I'LL TAKE OTHER SALARIES FROM OTHER POSITIONS TO BE ABLE TO BUDGET THAT AND MAKE SURE THAT WE CAN FILL THAT. SO THAT STAYS NEUTRAL. GRANTS MANAGER POSITION. WE HAVEN'T HAD REALLY IN A COUPLE OF YEARS. WE DO HAVE A CONTRACTED AGREEMENT FOR GRANT WRITING SERVICES AND THAT'S WORKING GREAT. BUT THE GRANT MANAGER POSITION, IN THEORY, WE COULD USE IT IN THEORY THAT THAT WOULD BE A NICE TO HAVE, BUT NOT A NECESSITY. I WILL PROBABLY PEEL THAT BACK TO JUST TRY TO KEEP THE BUDGET IN LINE AND NOT EXCEED. IF WE GET INTO THAT SITUATION. SENIOR ACCOUNTANT IS A POSITION THAT I'VE RECLASSED FROM A VACANT ACCOUNTING POSITION. I ONE OF THE THINGS THAT I FRANKLY NEED IS I NEED ANOTHER SENIOR LEVEL POSITION, SOMEONE WHO CAN APPROVE AND POST THINGS IN THE GENERAL LEDGER BESIDES ME. YOU KNOW, I TELL EVERYONE I'M THE BOTTLENECK IN FINANCE BECAUSE I HAVE TO REVIEW AND APPROVE EVERYTHING. I REVIEW AND APPROVE 100% OF MY STAFF'S WORK, MY WORK, EVERYTHING ELSE COMING FROM OTHER DEPARTMENTS. IT'S A LOT. IT'S TOO MUCH, FRANKLY. AND THEN DEALING WITH THE CAPITAL PROJECTS AND THE GRANTS AND OTHER THINGS AND IT'S, IT'S, YOU KNOW, I, I WEAR MANY, MANY HATS AND I CAN'T REACH AT ALL EVERY DAY. I JUST CAN'T I GOT TO GET SOMEONE WHO CAN PARALLEL PROCESS WITH ME, WHO CAN ACTUALLY, YOU KNOW, AS AT A SENIOR LEVEL POSITION, WHO CAN GET THAT WORK DONE WITH ME, WORK UNDER MY GUIDANCE, BUT I DON'T HAVE TO FOLLOW UP ON IT. YOU KNOW, ON EVERY SINGLE THING THAT'S DONE, THAT'S IT'S BEEN VERY DIFFICULT TO DO THAT. BUSINESS ANALYST. YOU KNOW, THAT WAS A POSITION THAT WE HAVEN'T EVEN ADVERTISED IN A WHILE. BUT, YOU KNOW, WE WILL NEED SOMEONE TO HELP MAINTAIN CONTINUITY AND UNIFORMITY OF THIS TYLER SYSTEM AND NEW TECHNOLOGY PIECES THAT WE ADD. WE REALLY HADN'T FOUND ANY GOOD CANDIDATES FOR THAT. AND I'LL BE HONEST WITH YOU, I'M A LITTLE BIT PARTICULAR. THAT'S PROBABLY NOT, YOU KNOW, A BIG SECRET. I'M A LITTLE BIT PICKY. I'M A LITTLE BIT PARTICULAR. I LIKE PEOPLE WHO HAVE EXPERIENCE WITH NOT NECESSARILY IT, BUT WHO ACTUALLY UNDERSTAND THE FUNCTIONAL COMPONENTS OF HOW FINANCE AND ACCOUNTING AND ECONOMIC, HOW THE HOW THE BOOTS ON THE GROUND DO THEIR JOB. THOSE ARE THE PEOPLE WHO ARE THE BEST AT BUSINESS ANALYSTS, THE IT GUYS WHO HAVE NEVER DONE A JOURNAL ENTRY IN THEIR LIFE, WHO HAVE NEVER WORKED IN THE OFFICE, DON'T REALLY KNOW MUCH ABOUT BEING A BUSINESS ANALYST. THOSE ARE THE CANDIDATES THAT I'VE GOTTEN A LOT OF, BUT THEY DON'T HAVE ANY IDEA ON HOW THINGS WORK ON OUR SIDE OF THE DESK. AND THAT'S WHAT I'VE BEEN HOLDING OUT FOR, IS LOOKING FOR SOMEONE LIKE THAT. AND, YOU KNOW, I'M I NEED TO HELP, BUT I'M BEING PICKY ABOUT IT. AND, YOU KNOW, LIKE I SAID, WHEN YOU HAVE SUCH A SMALL TEAM AND SMALL STAFF, YOU GOT TO HIT A HOME RUN ON PARTICULARLY CRITICAL POSITIONS LIKE THAT. YOU HAVE TO HIT A WALK OFF HOME RUN. YOU CANNOT WHIFF ON IT. YOU JUST CAN'T. 
          AND. LIKE I SAID, I'M A LITTLE BIT IMPATIENT WITH THAT. I HAVE EXPECTATIONS AND I THINK MY TEAM THAT I HAVE NOW IS GREAT. I LOVE THEM, BUT YOU GOT YOU GOT TO BRING IT, YOU KNOW, TO MAKE IT IN OUR SHOP. AND YOU KNOW, THE VILLAGE DESERVES THAT. SO PAYROLL, HR THAT'S KIND OF REALLY AN EXISTING POSITION THAT YOU KNOW WE'RE JUST MORPHING. YOU KNOW AGAIN I'M RIGHT NOW DOING ALL THE PAYROLL TO AND HR AND DEFERRED COMP AND PENSION REPORTING. JUST TOO MUCH FOR ME TO BE DOING. SO WE YOU KNOW THAT THAT POSITION RIGHT NOW IS VACANT. I'M TRYING TO GET A CANDIDATE FOR THAT. WE ALMOST HAD ONE RECENTLY. DIDN'T QUITE WORK OUT. BUT SO THAT'S A THAT'S AGAIN THAT'S THE TOTAL STORY THERE WITH VACANCIES AND AN EXPLANATION OF WHERE THESE VARIANCES ARE COMING FROM. AND JUST SOME NOTES HERE. MY THOUGHTS $0.02. THE NON-AD VALOREM REVENUES. YOU KNOW NOT SHOWING GROWTH THERE. YEAH. WE'LL PROBABLY CONTINUE TO SEE SOME SOLID NUMBERS WITH BUILDING PERMITS AND MOBILITY FEES. BUT SOME OF THE, YOU KNOW, STATE REVENUE SHARING, GAS TAX, SOME OF THAT STUFF THAT'S BEEN VERY SQUISHY, YOU KNOW, AND IT'S NOT 
          [00:35:01]
IT'S NOT COMING IN A STRONG SECOND TO KIND OF UPHOLD AND SUPPORT THE VILLAGE OPERATIONS. 
          SO I JUST WANT YOU TO BE AWARE OF THAT. YOU KIND OF SAW THAT HERE, AND I DON'T HAVE MUCH OF A REASON TO PROJECT DIFFERENTLY. IF ANYTHING, I'M PROBABLY GOING TO TREND SOME MORE NUMBERS DOWNWARD FOR NEXT FISCAL YEAR JUST BECAUSE I SEEM TO HAVE, IN A COUPLE CASES, OVERSHOT A LITTLE BIT. AGAIN, AD VALOREM TAXES WILL REMAIN VOLATILE HERE AND CONTINGENT ON THE BUSINESS ACTIVITIES OF THE VILLAGE'S LARGEST TAXPAYER. AGAIN, OUR OUR OUR BLESSING AND OUR GREATEST CHALLENGE IS, YOU KNOW, THE TPP HERE IN THE VILLAGE, IT'S 85, 86% OF THE TOTAL TAX BASE. AND SO GOES THAT INVENTORY OVER THERE. SO GOES THE VILLAGE. AND WE KNOW THAT WE HAVE TO YOU KNOW, WE HAVE TO EXPAND OUT OUT OF THAT. THAT'S NOT A THAT'S NOT A POSITION WE CAN STAY LOCKED IN. AND YOU GUYS YOU GUYS KNOW THAT YOU'RE VERY SMART PEOPLE. YOU ALL YOU'VE HEARD IT FOR A LONG TIME. VILLAGE MANAGER HAS BEEN EXTRAORDINARILY DETAILED IN MANY DISCUSSIONS AND PRESENTATIONS ON THIS IN THE PAST. THAT'S A CHALLENGE FOR US. YOU KNOW, WE CAN'T STAND STILL. 
          YOU KNOW, I THINK WE HAVE TO MOVE FORWARD. AND THAT'S THE REASON WHY AGAIN, INTEREST EARNINGS. YOU KNOW, AGAIN, WE'VE DONE GREAT AND EVERYTHING ABOUT OUR INVESTMENTS AND BANKING RELATIONSHIP HAS BEEN OUTSTANDING. BUT YOU KNOW AGAIN YOU CAN ONLY INVEST BASED ON WHAT YIELDS ARE BEING OFFERED. I DO THINK THAT YIELDS WILL BE LOWER OVER THE NEXT YEAR OR TWO. 
          I THINK THERE'S A LOT OF PRESSURE ON THAT TO HAPPEN FOR A LOT OF REASONS. THAT WILL BE ALSO GOOD FOR THE VILLAGE, YOU KNOW, BECAUSE COSTS WILL MAYBE AT LEAST FLATTEN A BIT, PERHAPS IN SOME CASES COME DOWN, I DON'T KNOW. BUT THAT'S THE THAT'S THE POSITIVE SIDE, IS THAT MAYBE CERTAIN THINGS WE WON'T HAVE TO SEE THE SAME YEAR OVER YEAR INCREASES IN COSTS, BUT OBVIOUSLY RESERVE CASH IN COLLECTING INTEREST TO SUPPORT VILLAGE OPERATIONS IS GOING TO IS GOING TO DECLINE A BIT. OKAY. AGAIN CONTINUED BUDGET SAVINGS. WE'VE HAD A LOT OF VACANCIES, BUT I DON'T THINK WE'RE GOING TO BE ABLE TO SUSTAIN THAT LONG TERM. WE HAVE TO DO OTHER THINGS. WE MAY AT SOME POINT HAVE TO CONSIDER OTHER CONTRACT ARRANGEMENTS TO GET WORK DONE. 
          YOU KNOW, I YOU KNOW, I SHARE WITH THE VILLAGE MANAGER, YOU KNOW, WE'RE DOING A LOT WITH THE CAPITAL PROJECTS THAT WE HAVE NOW. BUT WHEN THINGS, YOU KNOW, START CRANKING UP EVEN MORE, WE, YOU KNOW, WE REALLY HAVEN'T EVEN GOTTEN INTO THE THICK OF THIS SRF PROJECT. THAT'S GOING TO BE A LOT OF WORK FOR MY OFFICE AND STAFF. IT'S GOING TO BE A LOT OF WORK FOR THE PUBLIC WORKS DEPARTMENT. THEY'RE GOING TO HAVE THEIR HANDS FULL. WE MAY HAVE TO SEEK, YOU KNOW, OUTSIDE, YOU KNOW, HELP TO GET THAT WORK DONE. THAT COSTS MONEY, UNFORTUNATELY, ESPECIALLY WHEN YOU HAVEN'T BEEN ABLE TO FIND THE POSITIONS TO FILL TO DO THAT WORK. AND IT HAS TO BE DONE RIGHT. SO. AND, YOU KNOW, AGAIN, CERTAIN DECISIONS HERE TO BE MADE WITH THE UPCOMING PROPOSED BUDGET, WHEN WE HAVE ALL THAT TOGETHER AGAIN, CERTAIN THINGS ARE STILL A LITTLE BIT OF A MOVING TARGET THAT WE'RE TRYING TO NAIL DOWN BEFORE WE FINALIZE THINGS, YOU KNOW, AGAIN, THERE'S WE'RE GOING TO BE HAVING A STRATEGIC PLANNING SESSION ON AUGUST 9TH AND A LOT, I'M SURE WILL BE DISCUSSED. AND, YOU KNOW, AS A COUNCIL, YOU ALL WILL CONTINUE TO PUT FORWARD YOUR THOUGHTS AND IDEAS ON WHERE THE WHERE THE VILLAGE SHOULD GO, WHAT YOUR VISION FOR THAT SHOULD BE. YOU KNOW, SOME OF THE THINGS THAT I HAVE LISTENED TO ATTENTIVELY AND I THINK ARE ARE GREAT IDEAS WOULD BE, YOU KNOW, MAKING LONG TERM STRATEGIC DECISIONS ON LAND ACQUISITION AND MAKING CERTAIN PURCHASES THAT WOULD BENEFIT THE FUTURE. AND AGAIN, THAT'S CERTAIN MONEY THAT THROUGH OUR CURRENT OUR ADDITIONAL SALES TAX FUNDS, WE CAN DEPLOY FOR THAT POSSIBLY OTHER FUNDS THAT WE HAVE TO MAKE ONE TIME PURCHASES. OF COURSE, WE KNOW WE'RE TRYING TO SELL THE FIVE ACRE PARCEL. THAT WOULD BE GREAT TO PARLAY THAT INTO OTHER PROPERTIES THAT WE DO WANT TO KEEP LONG TERM. SO AGAIN, THERE'S A LOT TO CONSIDER GOING FORWARD. I'LL BE VERY ANXIOUS AND INTERESTED IN HEARING WHAT YOU, AS COUNCIL MEMBERS, HAVE TO SAY ON AUGUST 9TH. AND, YOU KNOW, DEFINITELY BE TAKING MY CUES FROM YOU ON THAT TO TRY TO GET THIS STUFF WRAPPED UP AND DELIVER A DOCUMENT TO YOU THAT YOU CAN SUPPORT. SO I THINK THAT'S EVERYTHING I HAVE. ANY QUESTIONS, ANY QUESTIONS I CAN ANSWER, PLEASE. THANK YOU. OKAY. THANK YOU VERY MUCH. ANY QUESTIONS?
* This transcript was compiled from uncorrected Closed Captioning.