Loading...
HomeMy WebLinkAboutDocumentation_Regular_Tab 11_2/13/2020Agenda Item #11. Regular Council STAFF MEMO Meeting: Regular Council - Feb 13 2020 Staff Contact: Nilsa Zacarias, Director of Community Development Department: Community Development Approval of the Annual Report of the Village Infrastructure Surtax Citizen Oversight Committee SUMMARY: of the Annual Report of the Village Infrastructure Surtax Citizen Oversight Committee Documentation Oversight Committee Tab 01 1 16 2020 (2) cover memo infrastructure 2019 v2 Page 420 of 557 Agenda Item #11. January 16, 2020 Re: Annual Report of the Village Infrastructure Surtax Citizen Oversight Committee Village Council: The Village Infrastructure Surtax Citizen Oversight Committee conducted a public meeting on January 16, 2020 to ensure that the Surtax proceeds received by the Village of Tequesta were expended in a manner consistent with Village Council direction, the Florida Statutes, the Interlocal Agreement, County Ordinance No. 2016-032, and the ballot language approved by the voters. This annual report is prepared pursuant to Village Resolution No. 11-17, adopted February 9, 2017, to document results of the Committee's review of surtax expenditures. As provided in advance of and during the public meeting by Hugh Dunkley, Finance Director, the Surtax proceeds received by the Village were spent as follows: • January 1, 2019 — September 30, 2019: revenues of $422,754.30 in infrastructure surtax funds received by the Village; • January 1, 2019 — September 30, 2019: expenditures of $0.00. The Village Infrastructure Surtax Citizen Oversight Committee has determined that there have been no expenditures which are inconsistent with the requirements of Section 212.055(2), Florida Statutes, the ballot language approved by the voters, and the Village Council's approved Surtax proceeds expenditures. Respectfully submitted by, J Strand, Chair Village Infrastructure Surtax Oversight Committee Page 421 of 557 Agenda Item #11. TO: FROM: DATE: SUBJECT: Memorandum Village Infrastructure Surtax Citizen Oversight Committee Hugh B. Dunkley, Finance Director December 26, 2019 Infrastructure Surtax Please find below a summary of the revenue and expenditures to date as well as for the reporting period ending September 30, 2019: Revenue Received Expenditures Incurred $282,840.01 $411,020.73 $422,754.30 $1,116,615.04 (63,275.00) (630,585.74) -0- (693,860.74) Please note that all of the amounts received during FY2019 has been restricted for future infrastructure projects. The Village elected not to use any of the funds received during FY2019 for any qualified expenditures. If you have any questions, please do not hesitate to contact me. cc: Nilsa Zacarias, Community Development Director Doug Chambers, Director of Public Works Page 422 of 557