Budget Workshop

BOARD OF COMMISSIONERS TOWN OF REDINGTON SHORES BUDGET WORKSHOP MEETING WEDNESDAY, JUNE 24, 2026 AGENDA A. CALL TO ORDER B. PLEDGE OF ALLEGIANCE C. ROLL CALL D. APPEARANCES AND PRESENTATIONS E. NEW BUSINESS 1. Policy Goals and Objectives FY26/27 2. Capital Improvement Plan 3. Accountant – FY27 Draft Budget Discussion F. OLD BUSINESS G. MISCELLANEOUS H. ADJOURNMENT Pursuant to Florida Statutes § 286.0105, if any person or entity decides to appeal any decision made on any matter considered at any meeting or hearing of any Redington Shores Board or Commission, he, she or it will need a record of the proceedings and, for such purpose, he, she or it may need to ensure that a verbatim record of the proceedings is made, which record includes the legal arguments, testimony, and evidence upon which the appeal is to be based.  Monday June 1, 2026 Estimate of Taxable Value provided by Property Appraiser Wednesday June 24, 2026 Budget Workshop at 6:00 P.M. Wednesday July 1, 2026 Property Appraiser provides Certification of Taxable Value (DR-420) Wednesday July 8, 2026 Special Commission Meeting to adopt Tentative Millage Rate Last day for the Town to advise Property Appraiser’s Office of proposed millage rate and Tuesday July 28, 2026 date / time / place of first public hearing (DR-420, DR-420MM-P) Monday August 17, 2026 TRIM notices mailed by Pinellas County Wednesday August 26, 2026 Budget Workshop at 6:00 P.M. Friday August 28, 2026 Budget for first public hearing posted on Town website Wednesday September 2, 2026 First Public Hearing on the Proposed Millage Rate, Budget and Capital Plan 6:00 P.M. Town to advertise intent to adopt a final millage rate and final budget Wednesday September 9, 2026 (within 15 days after first public hearing and 2-5 days before second public hearing) Friday September 11, 2026 Budget for final public hearing posted on Town website Monday September 14, 2026 Final Public Hearing on Budget 6:00 P.M. (adopt final millage rate and budget) Thursday September 17, 2026 Finance to forward Resolution adopting final millage rate to Property Appraiser & Tax Collector (within 3 days of adoption) Monday September 28, 2026 Property Appraiser delivers DR-422, Final Taxable Value Certification, to taxing authorities Thursday October 1, 2026 Finance to return completed DR-422 to Pinellas County Property Appraiser and a copy to the State of Florida Submit completed TRIM Compliance Package to the State of Florida Friday October 2, 2026 (within 30 days of final public hearing) Friday October 9, 2026 Adopted Budget for fiscal year 2026 - 2027 posted on Town website USER/FINANCE/BUDGET  ITEM E.1. Policy Goals & Objectives FY27 Date: June 24, 2026 To: Board of Commissioners From: Margaret Carey, Town Manager Re: Town Policy Goals and Objectives for FY2026-27 The following document is the final version of the FY25-26 Policy Goals and Objectives. It is important to review and update this document each year to provide a roadmap for our Town to achieve its long-term goals and objectives. We will discuss Commission and staff suggestions for updates to this document.  POLICY GOALS AND OBJECTIVES WITH INCORPORATED STRATEGIC PLANS FY2027 1. ENSURE PUBLIC SAFETY AND QUALITY OF LIFE Protect our community's quality of life and ensure a clean and safe community. 1) Continue efforts to reduce or eliminate the long-term risk to human life, property, and the environment from natural or human-caused hazardous events and disasters. Rationale: Emergency preparedness and hazard mitigation will help to reduce injury and damage that would otherwise result during hazardous events and disasters. Target completion date: Ongoing. Emergency planning efforts are coordinated with and guided by ISPD. Hazard mitigation measures are further addressed under the “Quality Public Services” category. 2) Promote and maintain a safe and desirable living and working environment while at the same time maintaining and improving the quality of our community. Rationale: The Board of Commissioners has adopted Town codes specifically designed to address blight, nuisances, and to maintain a clean environment for all citizens in our community. An emphasis will continue to be placed on code enforcement by administering a fair and unbiased enforcement program to correct violations through: 1  1) The facilitation of voluntary compliance with Town laws and codes. 2) Public outreach programs. 3) Established priorities for enforcement. Target completion date: Ongoing. 2. PRESERVE NATURAL BEAUTY Foster beautification and a unique style for our community, while respecting nature. 1) Create an improvement schedule and process for the Town's public beach access points. Rationale: The public access points within the Town of Redington Shores are in regular need of upkeep and improvements. The goal of this project is to conduct an annual inventory of required signage and amenities and address any issues. Target completion date: Ongoing. Many post-storm repairs were completed in 2025- 26. An updated inventory and repair plan will need be completed in FY27. 2) Develop the Town of Redington Shores Parks Master Plan. Rationale: Well-planned parks and recreation systems, using Florida Friendly landscaping provisions, can increase property values, foster job creation, and provide a foundation for sustainability and resource management. The Town of Redington Shores, to that end, needs to develop a Parks Master Plan. After development, the plan would be utilized to accurately assess project needs for the next five-year planning period. Is this still a goal? Target completion date: September 30, 2027. A draft of the plan development process is complete. For FY27, staff will work with PAR to complete the plan steps. 3. PROVIDE QUALITY PUBLIC SERVICES A. Street and Sidewalk Repair and Rehabilitation Program. Many roads throughout town are experiencing age-related deterioration, including cracking, potholes, and drainage deficiencies. Without timely maintenance and rehabilitation, roadway conditions will continue to decline, resulting in higher future reconstruction costs and increased risks to motorists, cyclists, pedestrians, and emergency responders. An important first step for this plan is to perform a pavement condition survey. Public Works Supervisor Pafumi and Commissioner Harr began this process in June 2026. The first priority sections were selected because sewer/stormwater repairs 2  are complete. Those areas are serviced by: 1.) Lift Station B basin - west of Gulf Blvd. from Coral to 177th Terrace, and 2.) Lift Station E- 180th Ave E and 182nd Ave E, east of Gulf Blvd. This project will provide for pavement repairs, resurfacing, reconstruction of deficient roadway segments, and associated improvements such as drainage enhancements, pavement markings, and ADA-compliant pedestrian features where applicable. Regular investment in roadway maintenance extends pavement life, improves ride quality, reduces vehicle operating costs, and enhances overall mobility throughout the Town. The program supports the Town's long-term asset management strategy by addressing infrastructure needs proactively rather than reactively. 1) Pavement Preservation. Rationale: Extends the life of roads that are still in fair condition, through crack sealing sealcoating, cold patch, and preventative maintenance. Target completion date: Will begin in FY27. 2) Street Resurfacing. Rationale: Restore roadway surfaces showing moderate wear and deterioration. Target completion date: Will begin in FY27. 3) Sidewalk and ADA Compliance Improvements. Rationale: Improve pedestrian accessibility and safety, through sidewalk repairs, ADA curb ramps, crosswalk enhancements, coordinating with FDOT where applicable. Target completion date: Ongoing. Sidewalk improvement will begin in FY27. Crosswalk enhancements/repainting along Gulf Blvd. have already begun by FDOT. B. Sewer and Stormwater System Improvement Project 1) Complete improvements to sewer mains and lateral lines. Rationale: The Town's sewer system requires improvements to the three remaining main lines and all associated laterals for work not previously completed. These improvements are also necessary to relinquish ownership control of the sewer system to Pinellas County Utilities. The project has a funding need of an estimated $4,000,000.00 to complete. Target completion date: Ongoing. Substantial progress was made this year on repairs and lining of our sewer mains and laterals. 3  2) Complete improvements to stormwater infrastructure. Rationale: Repair and modernization of stormwater facilities including storm drains culverts, pipes, catch basins, to efficiently manage stormwater runoff, reduce flooding risks, and to protect public and private property. The Town developed a maintenance program with contracted service providers for jetting that is conducted on a bi-annual basis. Major repairs will begin FY27. Target completion date: Ongoing. Work began this year on stormwater infrastructure repairs and will continue into FY27 and beyond. 3) Continue to research and pursue alternative funding opportunities for stormwater infrastructure improvements. Rationale: The Town pursued a hazard mitigation grant (HMGP) for the purpose of addressing the most critical infrastructure deficiencies within the stormwater system. Target completion date: Ongoing. UPDATE: The Town was approved at the 1st round for an HMGP grant, but our application was denied once it reached FDEM/FEMA. Other grant opportunities will be researched. C. Utility Undergrounding Project 1) Complete the undergrounding of utilities along the western portion of Gulf Boulevard. Rationale: Undergrounding of the associated utilities (Duke Power and Spectrum Cable) along the western portion of Gulf Boulevard is of critical importance to the Town. This project is estimated to cost approximately $4,000,000.00 and the work will be performed by Duke. Target completion date: Ongoing. During FY25, the Town paid the BCEs to Duke and Spectrum and signed an agreement with Duke for the project, which is now in the design phase. No start date has been issued at this time. Updated: 6-2-2026 4  ITEM E.2. Capital Improvement Plan Date: June 24, 2026 To: Board of Commissioners From: Margaret Carey, Town Manager Re: 5-Year Capital Improvement Plan The Capital Improvement Plan identifies future investments needed by the Town to ensure our residents continue to receive high quality services. The plan includes infrastructure, equipment, and major repairs or reconstruction with costs over $25K. Any single item over the capitalization policy of $5,000 should also be included in the capital budget planning. The CIP Planning period is 5 years. The estimated expenses during the first year of a project are incorporated into the town’s annual budget as part of the capital budget. The Redington Shores FY 25-26 CIP budget was approximately $1.5M. The FY26-27 CIP budget is estimated at the same amount. The FY27-31 5-year CIP Budget is approximately $3.8M. Of the 10 CIP projects identified in the current FY26 plan: • 8 items were completed or are currently in progress. • 2 items will begin in FY27 o Nature Park Sign – this project will be rolled into a bigger “Townwide Sign” project o Street Improvements – this project will begin in areas where sewer/stormwater improvements have been completed. Today we will discuss the proposed CIP projects for FY27 and the overall 5-year plan for FY27- FY31. The Annual Budget and CIP Plan should coordinate with the Commission-approved goals and strategic plan.  Five-Year Capital Improvement Plan - Town of Redington Shores, Florida UPDATE FY2026 X Project Description Funding Source Cost of Project 2025-26 NOTES Parks X Public Beach Access Points Park Improvements $25,000 Post-Hurricane repairs were addressed. Nature Park Sign Project Park Improvements $25,000 $25,000 Will be included in a bigger "townwide" sign project in FY27. X County Parking Lot Improvements Park Improvements $25,000 $25,000 Cleaned up landscape and completed median improvements. X Constitution Park Parking Lot Park Improvements $40,000 $40,000 Completed parking lot resurfacing. Public Works Administration X Town Hall Parking Lot Resurfacing Improvements $25,000 The lot was sealcoated instead - at Commission direction. Stormwater X Stormwater Infrastructure Stormwater System $3,387,612 $846,903 ongoing Sewer X Sewer System Improvements Improvements $4,000,000 $500,000 ongoing Streets X Street Lighting Project (includes gravel lot) Improvements $166,500 $83,250 Gravel lot was done. Townwide replacements are ongoing. Street Improvement Project Improvements $83,250 $43,250 On hold until sewer work is complete. Will begin in FY27 Utilities X Utility Undergrounding Project Improvements $4,000,000 Paid Duke and Spectrum. Duke is in the project-planning stage. TOTAL $11,777,362 $1,563,403 TOWN OF REDINGTON SHORES, FLORIDA CAPITAL IMPROVEMENT PROGRAM FIVE-YEAR PLAN FY27-31  ITEM E.3. FY27 Draft Budget