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March 27, 2012 City Council Workshop

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March 27, 2012 City Council Workshop. Goals & Prosperity 2021. Overview. Road Resurfacing Program Original Issue & Solution Funding Accomplishments Current Infrastructure Needs Possible Funding Sources Next Steps. Road Resurfacing Program. Road Resurfacing: Original Issue.

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Presentation Transcript
overview
Overview
  • Road Resurfacing Program
    • Original Issue & Solution
    • Funding
    • Accomplishments
  • Current Infrastructure Needs
  • Possible Funding Sources
  • Next Steps
road resurfacing solution
Road Resurfacing: Solution
  • Resurface 50 Miles Per Year
road resurfacing funding
Road Resurfacing: Funding
  • City Council Added Ballot Initiate to Levy ½¢ Sales Tax for Infrastructure (6/4/2002)

62%

9/10/2002

38%

road resurfacing funding1
Road Resurfacing: Funding
  • Interlocal Agreement between County & Cities (11/18/2002)
  • Distribution of ½¢ Sales Tax Levy
    • ½ State Default Formula
    • ½ Local Population Based Formula
road resurfacing accomplishments
Road Resurfacing: Accomplishments

Kept the 50 Mile Promise to Voters Resurfaced 550+ Miles Over 10 Years

Before

After

current stormwater infrastructure
Current Stormwater Infrastructure :
  • 19 Major Canal Control Structures
  • 12 Minor Canal Control Structures
  • 72 Major Roadway Crossing Culverts
  • 1,555 Minor Roadway Crossing Culverts
  • 145 Culverts Leading into Saltwater Canals
  • 369 Valley Gutters Crossing Roadways
  • 1,100+ Miles of Roadside Swales
  • 154 Miles of Drainage Ditches
  • 58 Miles of Freshwater Canals
  • 26 Miles of Saltwater Canals
  • Drainage Inlets, Spillways, Catch Basins, etc.
current infrastructure needs stormwater
Current Infrastructure Needs: Stormwater
  • Canal Control Structures
    • Estimated Cost: $500k Per
current infrastructure needs stormwater1
Current Infrastructure Needs: Stormwater
  • Major Roadway Crossings
    • Estimated Cost: $400k Per (Emergency +50-60%)
current infrastructure needs bridges
Current Infrastructure Needs: Bridges
  • Estimated Cost: $1-2M Per
  • 22 Bridges
current infrastructure needs paths
Current Infrastructure Needs: Paths

Seminole Woods Parkway

Iroquois Canal Crossing @ Seminole Woods Parkway

possible funding sources1
Possible Funding Sources

Requiring City Council Approval

  • Ad Valorem
  • Public Service (Utility) Tax
  • Utility Franchise Fee

Requiring Voter Approval

  • Ad Valorem for Debt Service
  • ½¢ Sales Tax (County-wide)
continuing sales tax background
Continuing ½¢ Sales Tax: Background
  • Placing Measure on Ballot
    • Either City of Palm Coast or County
    • Must be submitted by Noon on June 8th
  • Distribution of ½¢ Sales Tax Levy
    • Default Formula (State Statute)
    • Interlocal Agreement (Both City and County Must Approve)
continuing sales tax background1
Continuing ½¢ Sales Tax: Background

State Default Formula – Fair Distribution?

Based on Two Key Assumptions

Cities

Cities

Unincorporated County

Unincorporated County

continuing sales tax background2
Continuing ½¢ Sales Tax: Background

State Default Formula – Fair Distribution?

Palm Coast/Flagler County Reality

Remainder of Flagler County

Remainder of Flagler County

Palm Coast

Based on BEBR and DOR Data

continuing sales tax background3
Continuing ½¢ Sales Tax: Background

State Default Formula – Fair Distribution?

Sources: Census, BEBR, and Flagler County

continuing sales tax distribution
Continuing ½¢ Sales Tax: Distribution
  • Interlocal Agreement Projected Distribution
    • $2.6 Million Per Year
    • $26 Million Over 10 Years
  • Typical Cost to Residential household of ½ Cent Sales Tax*
    • $48-$54 per year

*Based on Median Household Income in City and IRS Tables

public service utility tax
Public Service (Utility) Tax
  • Public Service (Utility) Tax
    • General Revenue, Unrestricted
    • Tax on Usage Portion of Utilities (Electricity, Natural Gas, Fuel Oil, Bottled Gas, and/or Water Service)
    • Up to 10% Tax
    • Approved by City Council Ordinance
public service tax
Public Service Tax
  • Public Service Tax – Which Municipalities?
    • Flagler: Bunnell, Flagler Beach
    • Putnam: All Except Welaka
    • St. Johns: All
    • Volusia: All (including Volusia County=Charter County)
public service tax1
Public Service Tax
  • Public Service Tax on Electric Usage*
    • 10% Tax would Generate $3.9 Million Annually
    • Typical Residential Bill (Total Bill) $106.12
      • Usage Portion (62%) = $65.79
      • 10% Tax = $6.58
    • 74% Residential, 26% Commercial

* Based on FPL Data

franchise fee
Franchise Fee
  • Franchise Fee
    • General Revenue, Unrestricted
    • Charged on Entire Electric Utility Bill
    • Typically set at 6%
    • Approved by City Council Ordinance
franchise fee1
Franchise Fee
  • Franchise Fee on Electric Utility
    • 6% would Generate $3.9 Million Annually
    • Typical Residential Bill (Total Bill) $106.12

6% = $6.37

    • 74% Residential, 26% Commercial

* Based on FPL Data

an additional option
An Additional Option
  • Substitute Franchise Fee and Public Service Tax for Stormwater Fee to Address Stormwater Maintenance Needs
next steps
Next Steps
  • City Council Options
    • ½¢ Sales Tax
      • Interlocal Agreement Prior to Resolution for Ballot
      • City Resolution for Ballot by June 5th, 2012
    • Public Service Tax
      • A tax levy must be adopted by ordinance, and the effective date of every levy or repeal thereof must be a subsequent January 1, April 1, July 1, or October 1 
      • Ordinance Adopted by August 31, 2012 to implement by January 1, 2013.
    • Utility Franchise Fee
      • Franchise Agreement Required
      • Franchise fees are generally negotiated at 6%
      • City Ordinance by August 31, 2012 to implement by January 1, 2013.
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