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HomeMy WebLinkAboutDocumentation_Regular_Tab 25_9/14/2023Agenda Item #25. Regular Council STAFF MEMO Meeting: Regular Council - Sep 14 2023 Staff Contact: Keith Davis, Village Attorney Department: Legal m RESOLUTION 22-23, A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA, EXPRESSING SUPPORT FOR THE EXTENSION AND CONTINUATION OF THE PALM BEACH COUNTY ONE -CENT SALES SURTAX TO FUND LOCAL INFRASTRUCTURE PROJECTS THROUGH DECEMBER 31, 2036; PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES. This resolution expresses support for the idea of asking voters in Palm Beach County to extend the current one -cent sales surtax for infrastructure projects through and until December 31, 2036. As originally approved by voters in Palm Beach County, the imposition of this one -cent sales surtax will sunset automatically at the earlier occurrence of either the generation of $2.7 billion in total revenue, or December 31, 2026. If approved, the resolution will be provided to the appropriate county officials, as well as the school district, and the Palm Beach County League of Cities. This document and any attachments may be reproduced upon request in an alternative format by completing our Accessibility Feedback Form, sending an e-mail to the Village Clerk or calling 561-768- 0443. BUDGET AMOUNT 0 FUNDING SOURCES: n/a DID YOU OBTAIN 3 QUOTES? ❑ Yes ❑x N/A AMOUNT AVAILABLE o EXPENDITURE AMOUNT: 0 IS THIS A PIGGYBACK: ❑ Yes ❑x N/A COMMENTS/EXPLANATION ON SELECTIONAdoption of the resolution implicates no budgetary issues Following discussion and public comment, a motion, second, and vote in favor of approving this resolution is recommended. Page 672 of 675 Agenda Item #25. Resolution Supporting Continuance of Infrastructure Surtax Teguesta Page 673 of 675 Agenda Item #25. RESOLUTION 22-23 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA, EXPRESSING SUPPORT FOR THE EXTENSION AND CONTINUATION OF THE PALM BEACH COUNTY ONE -CENT SALES SURTAX TO FUND LOCAL INFRASTRUCTURE PROJECTS THROUGH DECEMBER 31, 2036; PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES. WHEREAS, in November 2016, the voters of Palm Beach County approved an increase to the local sales tax from 6 cents per dollar to 7 cents per dollar; and WHEREAS, the one -cent sales surtax increase became effective on January 1, 2017, and will automatically sunset upon the earlier occurrence of either December 31, 2026, or the generation of $2.7 billion in total revenue; and WHEREAS, the generated one -cent sales surtax revenue is divided between the School District of Palm Beach County (50%), Palm Beach County (30%), and the 39 Palm Beach County municipalities (20% shared amongst them); and WHEREAS, the generated one -cent sales surtax revenue may only be utilized for infrastructure projects such as roads, sidewalks, bridges, schools, parks, and government buildings and facilities; and WHEREAS, infrastructure projects provide access to clean water, electricity, transportation, and other essential services, which directly impact the health and well-being of individuals, families, and the wider community; and WHEREAS, the Village of Tequesta has received one -cent sales surtax revenue in the amount of $3,028,415.00 since January 1, 2017, which has allowed the Village to improve its infrastructure facilities and simultaneously maintain a lower property tax millage rate;and WHEREAS, the Village of Tequesta recognizes the direct and beneficial impact the one -cent sales surtax revenue for infrastructure projects has provided to Tequesta residents, as well as the schools of Palm Beach County and the surrounding communities; and WHEREAS, the Village of Tequesta supports a collaboration with the School District of Palm Beach County, Palm Beach County, and the other municipalities of Palm Beach County to extend and continue the one -cent sales surtax revenue for infrastructure projects beyond its current automatic sunset deadlines; and WHEREAS, the Village of Tequesta specifically supports seeking voter approval to continue the one -cent sales surtax revenue for infrastructure projects until December 31, 2036. Page 674 of 675 Agenda Item #25. NOW THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA, THAT: Section 1. The above recitals are true and correct and are hereby incorporated into this section of this resolution as if fully set forth herein. Section 2. The Village Council of the Village of Tequesta hereby expresses its support for seeking voter approval to continue the one -cent sales surtax revenue for infrastructure projects until December 31, 2036. Section 3. The Village Manager is directed to forward this Resolution to each of the Palm Beach County Commissioners with a copy to the Palm Beach County Administrator, the Palm Beach County League of Cities, and the School District of Palm Beach County. Section 4. This resolution shall be effective immediately upon adoption. Page 675 of 675