READ ALONGSIDE THE SOURCE

Fort Walton Beach Resolution — 2008-26-Reduction Permit Fees-FDEP — reading text

Part 1 of 1. These parts divide the reading text for browsing; they are not the source document's page numbers.

Machine-extracted text — fwb-14869-original.pdf

Machine-extracted OCR text · Review label: Machine produced / unreviewed

Compare this copy with the preserved source. Review labels describe the recorded status of this file; they do not guarantee that the text is error-free. Spacing and line breaks are retained, with long lines wrapped to fit the screen.

RESOLUTION 08-26 A RESOLUTION OF THE CITY COUNCIL OF FORT WALTON BEACH, FLORIDA, CERTIFYING THAT THE CITY MEETS THE FISCAL HARDSHIP CRITERA OF SECTION 218.075 F. S., AND THEREFORE QUALIFIES FOR A REDUCTION OR WAIVER OF PERMIT PROCESSING FEES FOR THE DEPARTMENT OF ENVIRONMENTAL PROTECTION ( DEP) AND/OR NORTHWEST FLORIDA WATER MANAGEMENT DISTRICT. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WALTON BEACH, FLORIDA AS FOLLOWS: 1. To qualify for a reduction or waiver of permit processing fees for the 07- 08 calendar year by the Department of Environmental Protection ( DEP) or Northwest Florida Water Management District pursuant to 218. 075, F. S., the City certifies the following: 2. According to data from the Bureau of Economic and Business Research BEBR) at the University of Florida, published in the Florida Statistical Abstract 2007, the City of Fort Walton Beach' s percentage of tax exempt properties exceeds the statewide average and therefore the City is eligible for a fiscal hardship exemption. This statement is evidenced by the following 2006 calendar year facts: a. The total assessed value of ad valorem property statewide was 1, 227, 390, 869 ( x 1, 000); and b. Of the above amount, exempt properties including homestead exemptions and those classified as " other", is $ 373, 398, 311 ( x1, 000); and c. From the above data, the percentage of assessed property that is exempt statewide is 30. 4 percent; and d. The City of Fort Walton Beach had a total assessed value of ad valorem property in 2006 of $2, 117, 354 ( x 1, 000); and e. In 2006, the City' s total amount of exempt ad valorem properties included $ 125, 691 ( X1000) in homestead exemptions and $ 636, 304 ( X1, 000) in other" exemptions, for a total of $761, 995 (X1, 000); and f. The percentage of exempt properties in the City of Fort Walton Beach was 35. 99 percent; and g. Fort Walton Beach' s 35. 99 percent of exempt properties exceeds the statewide average of 30. 4 per cent and therefore the City is eligible for a fiscal hardship exemption. 3. This Resolution shall take effect immediately upon approval by the City Council and signature of the Mayor.

Download this text file with its original spacing ↓