[00:00:01]
CAN BEGIN UP. YOU'LL BE GOOD. GO GET YOUR WATER. ALRIGHT. CALL TO ORDER THE FAIRWAY STATE SPECIAL
[CALL TO ORDER]
SERVICE RECREATION DISTRICT MEETING FOR APRIL 22ND, 2025. ALL BOARD MEMBERS EXCEPT FOR BOARD MEMBER. PAMELA, BOARD MEMBER BLOOM ARE IN ATTENDANCE AND WE WILL HAVE FIRST A[a. Accept the Proposed Tentative Budget for the Fairway Estates Special Recreation District for the Fiscal Year Ending June 30, 2026.]
BUSINESS ITEM. AND IT LOOKS LIKE WE HAVE DENISE STICK TO ACCEPT FOR US TO ACCEPT THE PROPOSED TENTATIVE BUDGET FOR THE FEBRUARY STATE SPECIAL RECREATION DISTRICT FOR THE FISCAL YEAR ENDING JUNE 30TH, 2026. MISS STECK, THANK YOU. COUNCIL, TONIGHT WE'RE JUST GOING TO ACCEPT THE TENTATIVE BUDGET FOR THE FAIRWAY ESTATE SPECIAL RECREATION DISTRICT FOR NEXT FISCAL YEAR. AND YOU HAVE PRINTED COPIES OF THE BUDGET FOR YOU, AND WE'LL PUT THEM INTO YOUR BUDGET BOOKS AFTERWARDS, BUT WE'LL GIVE THEM TO YOU TONIGHT FOR YOUR REVIEW. JUST GO OVER A COUPLE QUICK THINGS. AS YOU REMEMBER, WE MET WITH THIS COMMUNITY TWO YEARS AGO, AND THEY TOLD US WHAT THEY WANTED TO DO WITH THEIR PROPERTY TAX RATE INCREASE. AND SO WE FOLLOWED THEIR INSTRUCTIONS. THIS YEAR WE'RE GOING TO RECOMMEND A 10% INCREASE. SO IT'S GOING TO GO FROM $18.10 A MONTH TO 19.99 A MONTH. IT WILL COME ON OUR PROPERTY TAX BILL AS AN ANNUAL PAYMENT. SO YOU'LL SEE THE DIFFERENTIAL THERE. THESE ARE SOME ASSUMPTIONS OBVIOUSLY BASED ON THEIR HOME VALUES. BUT YOU CAN SEE HOW THAT WILL AFFECT TAXPAYERS. AT THAT POINT. WE DID SEE THAT THE TAXABLE VALUE OF THE HOMES IN THAT AREA REDUCED TO LAST YEAR. AND WE KIND OF THINK THAT MIGHT HAPPEN AGAIN THIS YEAR, BUT WE'LL SEE. THIS IS A FIVE YEAR PROJECTION OF THE AREA. YOU CAN SEE THAT OUR ESTIMATED FUND BALANCE AT THE END OF THIS YEAR. AND THAT FIRST COLUMN WILL BE AT THE VERY BOTTOM. THERE ARE $33,299. THAT'S A LOT OF MONEY FOR PROPERTY TAX REVENUE, LESS THAN 20,000, RIGHT. WE'RE ONLY GETTING ABOUT $11,000 A YEAR. SO WE'RE WE'RE REQUESTING AS THEY AS THEY KNOW, TO BRING THAT FUND BALANCE DOWN A LITTLE BIT AT A TIME AND RAISE THE ASSESSMENTS AT THE SAME TIME. SO WE'RE KIND OF DOING THAT BALANCE OF USING RESERVES THAT ARE IN EXCESS OF WHAT THEIR NEEDS ARE, AND THEN RISING OR RAISING THAT PROPERTY TAX VALUE TO TAKE CARE OF THE NEEDS OF THAT AREA AS WELL. YOU'LL SEE HERE. HOLD ON. GO BACK TO THAT SLIDE. SURE. SO WHEN WE GET DONE IN 2031. OR 2030, WE DROP FROM 3000 FROM ABOUT 3700 TO 900. AND WE HAVE A RESERVE BALANCE IN 900. GIVEN A. BUDGET THAT THAT COSTS 25,000 IS THE 932 SUFFICIENT ENOUGH FOR RESERVES? PROBABLY NOT. BUT LET'S SEE WHAT HAPPENS, RIGHT? I'M TRYING TO PROJECT OUT SIX YEARS AND I'M NOT SURE WHAT CONTRACTED SERVICES WILL DO. SO THEY COME IN FAR LESS THAN WE'LL ADJUST AS WE GO A LITTLE BIT. BUT I WOULD SAY RESERVES AT LEAST NEED TO BE $5,000, HONESTLY. AND THAT WOULD BE IN CASE WE HAVE TO REPLACE THE SPRINKLER SYSTEM OR SOMETHING ELSE. RIGHT. SO WE DO NEED A RESERVE BALANCE IN THERE, TRYING TO BE A LITTLE SENSITIVE TO THOSE INCREASES AT THE SAME TIME. YOU GO, THERE YOU GO. YOU CAN SEE THE ORANGE LINE IS THE TAX INCREASE PER YEAR FOR BRINGING IN THE REVENUE. AND THEN THE BLUE LINE IS THE FUND BALANCE. SO BRINGING IT ALL THE WAY DOWN. ALL RIGHT. QUESTIONS FOR YOU. TRUTH IN TAXATION HEARINGS AREN'T REQUIRED BY STATE CODE. IF THE REVENUE IS LESS THAN $20,000. SO WE DON'T HAVE TO GO THROUGH ANY PROCESS IF WE CHOOSE NOT TO. WE HAVE ALWAYS CHOSEN TO GO THROUGH THE PROCESS. CERTIFIED TAX RATES WILL BE RECEIVED FROM BY THE RECEIVED BY US FROM THE COUNTY ASSESSOR'S OFFICE IN THE MIDDLE OF JUNE, WHICH IS SO HARD FOR US TO LIKE, ADOPT A BUDGET IF WE DON'T GET TAX RATES UNTIL SIX DAYS BEFORE WE'RE SUPPOSED TO ADOPT. BUT THAT'S WHEN WE GET THEM. WE CAN ADOPT A TENTATIVE BUDGET WITH A CERTAIN PROPERTY TAX RATE ASSUMPTION IN THERE, AND THEN ADOPT A FINAL BUDGET BASED ON THAT AMOUNT NO GREATER THAN THAT RATE. MY QUESTION TO YOU IS, DO YOU WANT TO INITIALLY INITIATE THE FORMAL TRUTH AND TAXATION PROCESS FOR THIS DISTRICT, OR WOULD YOU PREFER TO JUST GO THROUGH AND ADOPT AT THE END OF JUNE? SO LET ME SHOW WHAT THAT LOOKS LIKE APRIL 22ND. RIGHT NOW YOU'RE GOING TO ADOPT[00:05:02]
THE TENTATIVE, TENTATIVE BUDGET. I'M SORRY. ACCEPT NOT ADOPT ACCEPT. JUST GET IT. ON THE 13TH, YOU'LL DECLARE YOUR INTENTION TO EXCEED THE CERTIFIED PROPERTY TAX RATE BY RESOLUTION. AND THEN ON THE 13TH, YOU WOULD ALSO ADOPT THE TENTATIVE BUDGET AND SET A PUBLIC HEARING DATE. IF YOU CHOOSE TO GO WITH OUT GOING THROUGH TRUTH AND TAXATION PRIOR TO THE END OF JUNE, WE'LL HAVE A PUBLIC HEARING ON THE BUDGET AND THE TAX RATE. SO THERE'S STILL AN OPPORTUNITY FOR COMMENT ON IT. IT'S JUST NOT THROUGH THAT FORMAL PROCESS OF GOING THROUGH THE COUNTY AND ALL THE ADS AND THAT KIND OF THING. WE STILL DO AN AD, THOUGH, FOR PUBLIC HEARING, AND THEN YOU WOULD ADOPT THE FINAL BUDGET AND TAX RATE, OR YOU CAN WAIT UNTIL AUGUST, AND THEN IT WOULD GO THROUGH THE SIMILAR TO AS WHAT WE'RE DOING FOR THE CITY. SO I JUST NEED YOUR INPUT ON THAT SO THAT WE KNOW WHAT PROCESS THAT YOU'D LIKE TO FOLLOW. COUNCIL MEMBER JACOB, THANKS. A QUICK QUESTION ON THAT. WHAT IS THE COST DIFFERENCE TO THE DISTRICT? WE'LL ASSUME THE DISTRICT WOULD PAY THE COST OF THE TRUTH IN TAXATION, NOTICING AND ALL OF THAT. IS THERE A COST DIFFERENCE TO THE DISTRICT BETWEEN THE TWO PATHS? ABSOLUTELY. AND IF SO, $500 FOR US TO GO THROUGH THE TAXATION PROCESS AND ON A BUDGET OF 11,000, 11,000, THAT STATE CODE TO SAY YOU DON'T NEED TO GO THROUGH THIS PROCESS, RIGHT? OKAY, OKAY. THAT HELPS. THANKS.SO WHEN DO WE MAKE THAT DECISION ON THE TRUTH AND TAXATION TONIGHT. OR ARE YOU GOING TO COME BACK TO US? I WOULD ASK THAT YOU GIVE ME SOME SORT OF INTENTION SO THAT WE KNOW WHAT KIND OF RCA'S AND, AND RESOLUTIONS WE'RE PUTTING TOGETHER. IF YOU WOULD LIKE TO WAIT TO MAKE THAT DECISION UNTIL MAY 13TH. NO, YOU NEED TO TELL ME, VICE CHAIR WHITLOCK. THANK YOU. COUNCIL MEMBER JACOB ASKED THE QUESTION I HAD, I, I FEEL LIKE THEY'LL STILL HAVE AN OPPORTUNITY TO COME AND THAT THAT'S AN EXPENSE THAT THEIR FUND DOESN'T NEED TO PAY FOR. SO I AM FINE GOING TO THE STANDARD BUDGET PROCESS MYSELF. COUNCIL MEMBER SHELTON I FEEL LIKE $500 OF A $10,000 BUDGET'S PRETTY BIG. SO IF WE CAN REASONABLY DO IT WITH THE STANDARD BUDGET PROCESS, I WOULD BE IN FAVOR OF THAT. JUST TO SAVE THE TAXPAYERS A LITTLE MONEY. COUNCIL MEMBER GREEN I'M GOING TO TAKE A SLIGHTLY DIFFERENT APPROACH. I DON'T THINK I WANT TO SPEND THE $500, BUT WHAT I WOULD WANT TO DO, BECAUSE I KNOW THAT OUR OUR GIS GUYS ARE SO AMAZING. DID YOU HEAR ME, CLINT? HOPEFULLY YOU GOT HEARD ME PUT PUT THE PLUG. BUT I KNOW OUR GIS GUYS ARE AMAZING THAT IF WE DO THE PUBLIC HEARING ON THE BUDGET AND THE TAX RATE, AND I KNOW THAT THERE'S ONLY 53, IF I REMEMBER RIGHT, THERE'S 53 HOMES. RIGHT? SO WE HAVE A COUPLE OF OPTIONS THAT I WOULD LIKE TO SEE. AND THAT'S EITHER ONE. THE COUNCIL MEMBERS CAN GO OUT AND NOT HAND OUT, PUT A DOOR FLIER ON 53 DOORS AND OR WE CAN MAKE COUNCIL DIRECTOR ANDERSON DO THAT AND GET HIS EXERCISE BECAUSE HE NEVER GETS OUT OF HIS OFFICE, DID I DID YOU SAY OR HE'S LOOKING AT ME LIKE OR EVEN JUST A FLIER, YOU KNOW, A MAILER BECAUSE BECAUSE A MAILER IS ONLY GOING TO COST US WHATEVER THE COST OF US STAMP IS TODAY A BUCK? WHAT'S THAT, $500? YEAH.
NO, IT'D COST US A DOLLAR LESS THAN A DOLLAR FOR PER MAILER. SO I WOULD LIKE TO SEE SOMETHING LIKE THAT WHERE WE NOTIFY THE NEIGHBORHOOD OF THE PUBLIC HEARING. MORE LIKE WE WOULD DO WITH A LAND USE WITHIN THE 300FT STUFF. SO I DON'T WANT THE FULL TRUTH IN TAXATION, BUT I'D LIKE TO SEE SOMETHING CREATE SOMETHING THAT'S CREATIVE THAT WE CAN GET TO THE NEIGHBORHOOD.
COUNCIL MEMBER FEDORA SAYS HE WALKS THAT NEIGHBORHOOD OFF OR SOMETHING. WELL, COUNCIL MEMBER GREEN WILL BE POLITICKING THIS SUMMER SO HE COULD TAKE HIM AROUND. THERE YOU GO. YOU'RE.
ON. OH, NO COMMENT. ALRIGHT. ANY MORE QUESTIONS OR COMMENTS? SO, CHAIR, I RECEIVED INSTRUCTION BY THE MAJORITY OF THE COUNCIL THAT WE'RE GOING TO GO THROUGH THE STANDARD BUDGET PROCESS AND WE'LL NOTIFY EXCLUSIVELY OF HOMES AT THAT PUBLIC HEARING. ALL RIGHT. THANK YOU. GREAT. DO WE NEED TO FORMALLY ACCEPT THE BUDGET. NO. WELL, BECAUSE BECAUSE YOU KNOW WHAT? WHEN YOU JUST HAD A SLIDE IT THE SLIDE CAME UP AND SAID WE DID. NO. OKAY, FINE. BE THAT WAY. ALL
[CONSENT ITEMS]
RIGHT. IF THAT'S THE CASE, I'M GOING TO MOVE TO APPROVE ITEM NUMBER THREE, THE CONSENT ITEMS.[00:10:04]
SECOND, WE HAVE A MOTION BY BOARD MEMBER GREEN AND A SECOND BY VICE IS A VICE BOARD CHAIR.VICE CHAIRPERSON WHITLOCK I LOVE THESE TITLES. ANY DISCUSSION? ALL RIGHT. ALL THOSE IN FAVOR SAY AYE. AYE. ANY OPPOSED THAT PASSES SIX ZERO. AND AT THIS TIME I WILL ADJOURN OUR FEBRUARY STATE SPE
* This transcript was compiled from uncorrected Closed Captioning.