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Fort Walton Beach Resolution — 2009-28-Annual Renew-Fiscal Hardship — reading text

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RESOLUTION 2009- 28 A RESOLUTION OF THE CITY OF FORT WALTON BEACH, FLORIDA, CERTIFYING THAT THE CITY MEETS THE FISCAL HARDSHIP CRITERIA OF SECTION 218. 075 FLORIDA STATUTES, AND QUALIFIES FOR A REDUCTION OR WAIVER OF PERMIT PROCESSING FEES FOR THE FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION ( FDEP) AND/ OR THE NORTHWEST FLORIDA WATER MANAGEMENT DISTRICT NWFWMD). BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WALTON BEACH, FLORIDA AS FOLLOWS: Section 1. Authority & Intent Pursuant to section 218. 075, Florida Statutes, the City may qualify for a reduction or waiver of permit processing fees payable to the Florida Department of Environmental Protection or the Northwest Florida Water Management District. To qualify for the reduction or waiver of permit processing fees for the 2009- 10 fiscal year, the City must certify that the cost of the permit processing fee is a fiscal hardship due to one of the enumerated factors in section 218. 075, Florida Statutes. Section 2. Certification The cost of permit processing fees is a fiscal hardship for the City pursuant to section 218.075( 2), Florida Statutes Section 218.075( 2), Florida Statutes, specifies that a fiscal hardship may be proven if the " percentage of assessed property value that is exempt from ad valorem taxation is higher than the statewide average for the current fiscal year." The City certifies that the cost of permit processing fees is a fiscal hardship because the percentage of assessed property value that is exempt from ad valorem taxation is higher than the statewide average for the current fiscal year. The facts that support that conclusion are that according to data from the Bureau of Economic and Business Research ( BEBR) at the University of Florida, published in the Florida Statistical Abstract 2008: a. The total assessed value of ad valorem property statewide was 1, 338, 604, 310 (x 1, 000); b. Of the above amount, exempt properties, including homestead exemptions and those classified as " other", was $ 397,297, 048 (x1, OOO); c. From the above data, the percentage of assessed property that is exempt statewide is 29.67 percent; d. The City of Fort Walton Beach had a total assessed value of ad valorem property of $2, 249,285 ( x 1, 000); e. In 2007, the City' s total amount of exempt ad valorem properties included $ 128, 012 ( x 1, 000) in homestead exemptions and $ 649, 366 ( x 1, 000) in " other" exemptions, for a total of $777, 378 ( x 1, 000); f. The percentage of exempt properties in the City of Fort Walton Beach was 34. 56 percent; and g. The City of Fort Walton Beach' s 34. 56 percent of exempt properties exceeds the statewide average of 29. 67 percent, and therefore, the City is eligible for a fiscal hardship exemption. Section 3. Effective Date This Resolution shall take effect immediately upon approval by the City Council and signature of the Mayor. 1uk ~_. ar ' Adopte 0 ~( joq Mike Anderson, Mayor Attest: Approved for form and legal sufficiency. DISPOSITION 4'_.,__,_.._._..._...,_ 2

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