HomeMy WebLinkAboutDocumentation_Regular_Tab 11_2/11/2021Agenda Item #11 0
Regular Council
STAFF MEMO
Meeting: Regular Council - Feb 11 2021
Staff Contact: Nilsa Zacarias, Director of
Community Development
Department: Community Development
AM
Approval of the Annual Report of the Village Infrastructure Surtax Citizen Oversight Committee
Approval of the Annual Report of the Village Infrastructure Surtax Citizen Oversight Committee
P & Z Surtax Oversight Committee Annual Report 2020
infrastructure surtax cover memo 2020
Page 188 of 403
Agenda Item #11 0
January 22, 2021
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 21, 2021 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:
• Fiscal year ending September 30, 2020: revenues of $404,869-99 in
infrastructure surtax funds received by the Village;
• Fiscal year ending September 30, 2020: expenditures of $312,858.18 for
sidewalk replacement projects, purchase of police radios, and for pathway
maintenance.
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,
Janet Strand, Chair
Village Infrastructure Surtax Oversight Committee
Page 189 of 403
Agenda Item #11 0
Memorandum
TO: Village Infrastructure Surtax Citizen Oversight Committee
FROM: Hugh B. Dunkley, Finance Director
DATE: December 17, 2020
SUBJECT: Infrastructure Surtax Annual Report — FY2020
During the fiscal year ended September 30, 2020, The Village elected to use infrastructure surtax funds on the
following qualified expenditures:
Description of Expenditure Amount
Country Club Sidewalk Replacement Project — Phase 1 $173,013.65
Harris Portable Radios — NorthComm (Police) 129,008.03
Pathway Maintenance — FY2019 Adjustment 10,836.50
Total FY2020 Expenditures $312,858.18
Please find below a summary of the revenue and expenditures to date as September 30, 2020:
Fiscal Year limp dw limp I& Jo Date
Revenue Received $282,840.01 $411,020.73 $422,754.30 404,869.99 $1,521,485.03
Investment Income -0- -0- -0- 3,484.26 3,484.26
Expenditures Incurred (63,275.00) (630,585.74) -0- (312,858.18) (11006,718.92)
Please bear in mind that the balance at the end of the reporting period does not take into account the purchase
of a new rescue vehicle which was ordered during FY2020 but which has not yet been received. The total cost
for this vehicle is $298,660.28. As such, the unencumbered balance of the infrastructure funds at the end of
the year amounts to $219,590.09. This remaining balance is restricted for future infrastructure projects.
If you have any questions, please do not hesitate to contact me at 561.768.0424.
cc: Jeremy Allen, Village Manager
Nilsa Zacarias, Community Development Director
Doug Chambers, Director of Public Works
Page 190 of 403