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HomeMy WebLinkAboutDocumentation_Regular_Tab 11C_06/10/1999 Memo This document contains time-sensitive information. Please read immediately and respond as specified. Cl~ 0 To Village Council From Thomas G. Bradford, Village Manager ~~ Date/Time 6/4/99, 3:44PM Subject Adoption of Stormwater Utility Non Ad Valorem Assessment Rates for FY 99/00, Agenda Item Staff recommends that the ERU rate stay constant, no increase, for FY 2000 based upon the proposed budget, to date. At their meeting on May 27, 1999, the Stormwater Utility Board adopted this same recommendation for Village Council consideration. We are able to hold our rate constant for next year due to the merger of the Stormwater Utility with the Water Department to form the Utilities Department which reduced the headcount by one person resulting in a budgetary savings to stormwater operations. The current and proposed ERU rates are as follows: • Small Single Family Residence: > I s.f. and < = 2506 s.f. = 1 ERU x .65 x 12 mo. _ $48.36, plus I % Tax Collector's fee and 3.5 % for early payment = $ 50.54 annually. • Medium Single Family Residence: > =2507 sq. ft and < = 4621 s.f. = I ERU x 12 mo. _ $74.40 ,plus I % Tax Collector's fee and 3.5% for early payment = $ 77.75 annually. Post Office Box 3273 Tequesta, FL 33469-0273 (56 I) 575-6200 {56!) 575-6203 Fax • Large Single Family Residence: > = 4622 s.f. = I ERU x 1.30 x 12 mo. _ $ 96.72 ,plus ~ I % Tax Collector's fee and 3.5 % for early payment = $ ` 101.07 annually. •.~ Condominium Developments: Q~ I ERU x .67 x 12 mo. _ $49.80 ,plus I % Tax Collector's fee and 3.5% for early payment = $ 52.04 per unit annually. t `~i~-~ ^ Multifamily Developments: I ERU x .84 x 12 mo. _ $ 62.52 ,plus I % Tax Collector's fee and 3.5 % for early payment = $ 65.33 per unit annually. ^ Commercial/Governmentllndustrial: Total impervious area/ 3576 s.f. x $6.20 x l2 mo. _ annual payment ,plus I % Tax Collector's fee and 3.5% for early payment =annually payment. The recommended rates are presented to the Village Council at their meeting in June of each year in order to adopt the tentative rate for non-ad valorem assessments pursuant to the schedule for such promulgated by the Property Appraiser's office and/or Florida Statutes. ft is recommended that the Village Council adopt the hereinabove stormvvater rates for FY 1999/2000. TGB1WordPro~StormwaterRacesVCAdoption RESOLUTION NO. 39-98/99 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, ADOPTING THE PROPOSED STORMWATER UTILITY FY 2000 NON-AD VALOREM EQUIVALENT RESIDENTIAL UNIT ASSESSMENT RATES FOR FY 2000 APPLICABLE TO THE PROPERTIES WITHIN THE JURISDICTION OF THE VILLAGE OF TEQUESTA AND AUTHORIZING THE TRANSMITTAL OF THE SAME TO THE PROPERTY APPRAISER AND/OR TAX COLLECTOR OF PALM BEACH COUNTY FOR NON-AD VALOREM ASSESSMENT PURPOSES. WHEREAS, it is necessary for the Village Council to adopt non-ad valorem assessments for all properties within the jurisdiction of the Village of Tequesta for FY 2000 in order to provide the revenues necessary to operate Tequesta's Stormwater Utility as authorized by Florida Statues. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS: Section 1. The Proposed Equivalent Residential Unit Non- Ad Valorem Assessment Rates are hereby Adopted for FY 2000 as follows: • Small Single Family Residence: > 1 s. f. and <= 2506 sq. ft.= 1 ERU x .65 x 12 mo. _ $48.36 plus 1% Tax Collector fee and 3.5% for early payment _ $50.54 annually. • Medium Single Family Residence: >= 2507 s.f. and <= 4621 s.f. = 1 ERU x 12 mo. _ $74.40 plus 1% Tax Collector fee and 3.5% for early payment = $77.75 annually. • Large Single Family Residence: >= 4622 s.f. = 1 ERU x 1.30 x 12 mo. _ $96.72 plus 1% Tax Collector fee and 3.50 for early payment = $101.07 annually. Condominium Developments: 1 ERU x .67 x 12 mo. _ $49.80 plus 1% Tax Collector fee and 3.5% for early payment _ $52.04 per unit annually. a w • Multifamily Development: 1 ERU x .84 x 12 mo. _ $62.52 plus 1% Tax Collector fee and 3.5o for early payment _ $65.33 per unit annually. • Commercial/Government/Industrial Total impervious area/ 3576 s.f. x $6.20 x 12 mo. = annual payment plus 1% Tax Collector fee and 3.5% for early payment = annual payment. Section 2 The Village Manager or his designee is Authorized to Transmit the Hereinabove Adopted Stormwater Utility Non-Ad Valorem Assessment Rates for FY 2000 to the Palm Beach County Property Appraiser and/or Palm Beach County Tax Collector for Assessment Purposes. THE FOREGOING RESOLUTION WAS OFFERED by Councilmember who moved its adoption. The motion was seconded by Councilmember and upon being put to a vote, the vote was as follows: FOR ADOPTION AGAINST ADOPTION The Mayor thereupon declared the Resolution duly passed and adopted this 10th day of June, A.D., 1999. MAYOR OF TEQUESTA ATTEST: Ron T. Mackail Joann Manganiello Village Clerk WP80\MyFiles\Resolutions\39-98-99 2