The Village of Wellington is preparing the Fiscal Year 2019/2020 Budget process based on the development, implementation, and evaluation of plans for the provision of services and capital assets. The first phase of the budget process is presenting the overall Village budget. The second phase, departmental budgets, will follow in a few weeks.
- The total proposed FY 2020 budget is $106.2 million as compared to the FY 2019 budget of $96.8 million, including inter-fund transfers. The $9.3 million increase is primarily due to utility capital improvement projects funded in FY 2019 and the associated debt service. Additionally, increases in operating costs are budgeted for facility and park maintenance, building permitting, and roadway maintenance.
- The preliminary rates compared to FY 2020 are listed on Wellington's Budget Page.
- With an estimated 4.4% increase in the 2019 Taxable Value to $8,685,816,057 the recovery of Wellington home values provides ad valorem tax revenues of $816,916 more than last year at the preliminary 2.48 millage rate. The revenue value of each .1 mill is $825,000 in FY 2020 compared to $790,000 in FY 2019.
- The ad valorem impact for a homesteaded property valued at $310,000 in both 2018 and 2019 is $0. The increase is $8 for a non-homesteaded property rising 4.4% in taxable value.
- Total revenues are projected to increase by approximately $5.8 million. The most significant revenue increases include the ad valorem tax revenue, building permit revenue, and sales surtax revenues. Water & sewer services revenue is projected to increase by a total of $3.4 million due to the 3.5% annual index on utility user rates and this includes $2 million from utility capacity fees from new projects.
- The proposed 2020 budget funds 303 full-time positions, 82,710 part-time hours, 11 supplemental positions, and 2 interns.
- Capital and Major Maintenance Projects included in the proposed 2020 Budget include:
- Sales Surtax Projects ($3.7 million) – Wellington High School Project, Town Center Boardwalk
- Surface Water Management Infrastructure Improvements –Neighborhood Pipe Lining $300,000; and Pump Stations #8 & #4 Trash Rake Rehabilitation and Replacement $400,000
- Acme Drainage Renewal – C4 Canal at Greenbriar Culvert Improvements $600,000
- Road Overlay & Milling Projects – Sugar Pond Manor Subdivision (Morning Glory Drive, Veronica Court, Hawthorne Place); Wellington Trace; Eastwood II (Pine Valley Drive, Whitemarsh Drive, Wyndcliff); Eastwood (Royal Fern Drive, Red Pine Trail, Spanish Oak Way, Chapparal Trail, Black Willow); South Shore Blvd. from 50th Street to 57th Place; Eastwood III (Summerwood Circle, Springwood Place, Heartwood Place, Valley Drive)
- Neighborhood Parks Program – Brampton Park (Grant Application) $200,000
- Neighborhood Trails Program – Yellow Trail (South Shore to Santa Barbara) $250,000
- Force Main Improvements: South Shore Force Main Replacement $2 million; Lift Station Upgrades (9-10 stations annually) $1.8 million
- Water Reclamation Facility Renewal and Replacement: Complete generator replacement engineering. $200,000
- Water Supply Improvements: Existing wells improvements to maintain wellfield productivity; well construction, and raw water main replacement at Southfields. $2.28 million
- Water Treatment Plant Renewal and Replacement: R&R of existing treatment membrane process including process control and electrical, chemical system, and transfer pump improvements; new breakroom, laboratory and restroom facilities. $2.59 million
- Replacement assets include a dump truck; projector and portable dance floor; vacuum trailer, spotter truck, and crane truck.
The budget process will continue with the distribution of capital project and departmental budget information in a few weeks. Public outreach to gain input from residents and stakeholders is also beginning with community forums, lobby surveys, Facebook Virtual Town Hall, and the Budget Challenge online survey on Wellington’s website, www.wellingtonfl.gov/BudgetChallenge.
As another way to stay informed on the latest news and updates from the Village, residents are invited to sign up for Wellington information and updates at www.wellingtonfl.gov/newsletter.
For information about other Wellington programs, events, activities, and updates, please visit www.wellingtonfl.gov or watch WellingtonTV for the latest happenings.