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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March 27, 2012 City Council Workshop

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March 27 2012 city council workshop

March 27, 2012 City Council Workshop


Goals prosperity 2021

Goals & Prosperity 2021


Overview

Overview

  • Road Resurfacing Program

    • Original Issue & Solution

    • Funding

    • Accomplishments

  • Current Infrastructure Needs

  • Possible Funding Sources

  • Next Steps


Road resurfacing program

Road Resurfacing Program


Road resurfacing original issue

Road Resurfacing: Original Issue

  • Roads in Disrepair


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 funding2

Road Resurfacing: Funding


Road resurfacing accomplishments

Road Resurfacing: Accomplishments

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

Before

After


Current infrastructure needs

Current Infrastructure Needs


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


March 27 2012 city council workshop

Bridge Map


Current infrastructure needs roads

Current Infrastructure Needs: Roads

2

3


Current infrastructure needs paths

Current Infrastructure Needs: Paths

Seminole Woods Parkway

Iroquois Canal Crossing @ Seminole Woods Parkway


10 year sample capital plan

10 Year Sample Capital Plan


Possible funding sources

Possible Funding Sources


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


Revenue diversification

Revenue Diversification


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


Compare funding sources

Compare Funding Sources


City revenue generated and received cent sales tax ila

City Revenue-Generated and Received ½ Cent Sales Tax ILA

Millions


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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