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Tag: WMFR budget

Fire district plans rate hike

Written by SUN contributor on . Posted in Community News, West Manatee Fire Rescue.

MANATEE COUNTY – Property owners in West Manatee Fire Rescue’s district will notice a change on their tax bills this fall if commissioners vote to pass a proposed rate increase.

At an April 16 budget workshop, district staff recommended a 7.4% increase for the coming fiscal year beginning on Oct. 1. If approved, the rate increase would bring in an estimated $740,236 in revenue for the district.

WMFR uses a non-ad valorem rate system based on the size of a building on a property or a flat rate if the land is vacant. Currently, the base rate for a residential property is $219.94 with an additional charge of $0.1297 per square foot above 1,000 square feet. For a 2,000-square-foot home, the total rate for the 2023-24 tax year was $349.64. With the proposed rate increase, the residential base rate would be $236.22 with a per-square-foot rate of $0.1393 for buildings over 1,000 square feet. The total proposed rate for a 2,000-square-foot home would be $375.51 with the rate increase, a difference of $25.87.

The commercial base rate for 2023-24 was $546.61 with a per-square-foot rate of $0.2367 over 1,000 square feet, bringing the total for a 2,000-square-foot building to $783.31. With a 7.4% increase, the base rate would increase to $587.06 with a $0.2542 per-square-foot increase, bringing the total to $841.27 for a 2,000-square-foot building, a difference of $57.96.

A new change coming this fiscal year is that transient public lodging establishments in the district, known as short-term vacation rentals, will be charged as commercial properties instead of residential ones to help cover the cost of the fire safety inspection program instituted this year. District staff estimates that the increase in revenue from this change will bring in $613,686.

WMFR staff predicts that total assessment revenue for the 2024-25 fiscal year will come in around $11,357,114, a difference of $1,353,922 over the 2023-24 year’s $10,003,191.

If approved by commissioners, the increase in assessment rates would be used to cover increases in firefighter compensation, necessary replacements of vehicles and equipment and the fire safety inspection program.

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WMFR hosts first budget hearing

Written by SUN contributor on . Posted in Community News, West Manatee Fire Rescue.

BRADENTON – The budget for West Manatee Fire Rescue’s 2020-21 fiscal year is one step closer to approval.

Commissioners held a first public hearing for the new budget during an Aug. 25 meeting held via Zoom. No members of the public offered comment on the budget, though they’ll have a second chance when commissioners hold a final budget hearing on Tuesday, Sept. 8.

Chief Ben Rigney said that the budget process began in January with a mid-year update and budget conference for commissioners in late April. Commissioners opted to go with a 2.6% increase, well below the allowable 5.46% increase limit. The amount the district can raise rates is based on a rolling five-year personal income growth number used to estimate increases in taxpayer income. WMFR collects fees from property owners in the district using a non-ad valorem assessment rate which is tied to the size of a property, not its value. A base rate is assessed and then an additional rate per square foot over 1,000 square feet, with different rates for residential and commercial properties.

The 2.6% increase is the break-even point for the district. Rigney said that he estimates $7,519,795 will be brought in from assessments. At the end of the 2020-21 fiscal year, Rigney said he estimates that about $500,000 will be left in the district’s unassigned fund after planned expenditures, including the construction of new administrative offices.

Few changes were made to the budget from the preliminary budget presented in the spring, he said. Some of the changes include a $20,000 increase in personnel services due to increases in worker’s compensation insurance. Due to more firefighters electing to pursue additional training, Rigney said about $2,000 was added to the training budget. With the prospective construction of a new administration building, $25,000 also was added to the special services budget for contract services.

Including planned capital expenses, the district’s total operating expenses are planned to end the year at $9,410,362, including the spending of $180,000 in impact fees and $1,451,000 in saved unassigned funds to help build the new administrative offices.

The 2020-21 fiscal year begins Oct. 1.

To join the Sept. 8 budget hearing, visit the district online for instructions.

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WMFR commissioners discuss assessment increase

Written by SUN contributor on . Posted in Community News, West Manatee Fire Rescue.

BRADENTON – West Manatee Fire Rescue commissioners held their first budget meeting of the year on April 21 and the hot topic was whether to raise the assessment rates for commercial and residential property owners in the district.

WMFR has a non-ad valorem assessment rate, meaning the rate is tied to the size of the building on the property instead of the property value, which is used to determine property taxes. The amount the district can raise assessment rates each year is capped by personal income growth, a five-year rolling number used to estimate increases in taxpayer income.

At the end of the meeting, commissioners were considering three different options – a zero increase, a 2.6% increase and a 4% increase in assessment rates. An option to increase to the allowable limit of 5.46% was deemed too high by commissioners and dismissed. Commissioners will vote at their May meeting to determine the assessment rate for the 2020-21 fiscal year.

At a zero increase, the district would be operating at a loss for the coming year, requiring the use of $189,436 in reserves on top of the estimated $7,285,989 in revenue from property assessments. This would keep the residential base rate at $190.57 plus $0.1124 per square foot over 1,000 square feet and the commercial base rate at $473.62 plus $0.2051 per square foot over 1,000 square feet. At current rates, the full assessment on a 2,000-square-foot residential home is $302.97. The rate for a commercial building of the same size is $678.72.

The second option, a 2.6% increase in the assessment rate, would be the break-even point for the district, requiring no spending from reserves and bringing the total revenue from assessments up to $7,475,424. Under this plan, the assessment rate for a 2,000-square-foot home would be $310.85 and $696.37 for a 2,000-square-foot commercial building.

The third option, a 4% increase, is the one that was recommended by Chief Ben Rigney and the largest assessment rate increase being considered by commissioners. Under the 4% increase, commissioners would have an additional $291,440 in operating funds and would be able to add $102,004 to the district’s reserves to be used in case of an emergency. Reserve funds also are used to save for new equipment, such as a new fire truck, and to float the district’s operating expenses in the early months of the fiscal year before assessment rate funds are received. Under this increase, a residential property owner with a 2,000-square-foot home would pay $315.09 in total assessments to the fire district while a commercial property owner with a 2,000-square-foot building would pay $705.87.

Due to the expected economic downturn as a result of the COVID-19 pandemic, commissioners expressed concern that increasing the assessment rate at all could be a burden on property owners but also, that if rates aren’t increased this year and the personal income growth number goes down next year, the district might have more than one fiscal year where it operates at a loss.

Commissioner Al Robinson said he’s concerned about the burden on taxpayers if assessment rates are increased and then the district has a significant rollover from the current fiscal year. He asked staff to look into the past five years of financials to see what the rollover amount typically is for the district. WMFR is currently at the halfway mark at six months in the current fiscal year.

For the 2020-21 fiscal year, beginning Sept. 30, Rigney said that he expects operating expenses to increase $188,653, including required raises for staff and anticipated increases in insurance and other benefits, along with expenses to set up the planned new administration building. He said he expects an increase in operating expenses of $221,009 for the 2021-22 fiscal year, which is also a negotiating year for the firefighter’s union.

After the expenses for a new fire truck expected to arrive in the coming weeks, Rigney said he doesn’t anticipate any additional large expenditures for equipment in the next two to three years or more.

Commissioners are expected to vote on whether to increase the assessment rate for the coming fiscal year during their May 19 meeting.

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