34:01A significant portion of the meeting centered around the implications of the state’s proposed changes to property taxes, particularly the suggestion to increase the homestead exemption to $500,000. This proposal could alter the city’s revenue landscape, potentially exempting many average homes from property taxes. The council expressed concern about the sustainability of funding essential services, as the current ad valorem tax increase of 3.43% is already projected to generate approximately $19.57 million, which is insufficient to cover the public safety budget of over $23.2 million. The council also acknowledged the ongoing debate about balancing property tax reform with proposed sales tax reforms by state leadership.

The council emphasized the need for effective communication with state legislators to explore alternative revenue sources should property taxes be eliminated. They discussed the importance of preparing models to illustrate the potential revenue deficits and the necessity of presenting these models at public council meetings to ensure transparency and clarity for residents. The average home value in Temple Terrace is approximately $335,000, and any proposed adjustments could lead to significant funding challenges, necessitating difficult decisions regarding city services.

08:47Infrastructure needs were also a focal point, particularly in light of the impact of Hurricane Milton, which caused over 12 water main breaks and extensive road damage. The finance team reported that approximately $4 million in FEMA reimbursable costs had been processed, with further reimbursements expected. The council acknowledged the necessity of addressing aging infrastructure and ensuring adequate funding for maintenance and upgrades to prevent future financial burdens. The importance of a stormwater master plan was highlighted, with plans to discuss this in upcoming budget meetings to address the city’s stormwater system challenges.

The budget discussions for fiscal year 2026 reflected several key priorities and initiatives, notably the allocation of $25,000 for licensing costs related to a document management system and $50,000 for its implementation. The travel and training budget was increased from $11,000 to $20,000. The reinstatement of the police explorer program and funding for KALIA accreditation for the police department were included, with the department currently holding state-level accreditation and the fire department being nationally accredited.

44:26The council addressed the potential contract for a school resource officer at Greco Middle School, estimating potential revenue of around $135,000, although this figure is subject to change. Concerns regarding health insurance costs were raised, with a projected increase of 12%, and a 10% increase in liability and property insurance. The budget continues to support economic development organizations, maintaining funding levels for the Tampa Bay EDC and the Temple Terrace Uptown Chamber.

24:52A significant proposal involved shifting credit card processing fees to consumers, a move reflecting broader industry trends. The city currently absorbs these costs, amounting to approximately $125,000 to $140,000 annually, but plans to introduce a transaction fee of up to 2.75% on credit card payments starting January 1, 2026. This change allows time for community notification, while cash and e-check payments remain unaffected.

42:18Further deliberations focused on the merging of parks grounds with public works grounds to improve efficiency and address park maintenance issues. This consolidation aims to streamline operations and address redundant equipment purchases, with assurances from the city manager that service quality will not be compromised.

20:50The council underscored the importance of ongoing organizational improvements and investments in human resources, advocating for higher pay increases for employees to foster a supportive work environment, which is believed to lead to cost savings and operational improvements. The potential for cost savings through reviewing actual and historical spending was highlighted, with anticipated savings from credit card fees primarily benefiting the utilities fund, and a smaller portion affecting the general fund.