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Okaloosa County BOCC — August 24, 2013 — MSTU Ord Presentation — reading text
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MSBU/MSTU
Authorized by Florida Statute Chapter 125.01
• 125.01(1)2(q) - authorizes the BCC to provide for the
establishment, merging, or abolishment of municipal
services taxing (MSTUs) or benefit units (MSBUs) on any part
or all of the unincorporated area of the county
• 125.01(1)2(r)– Authorizes the levy of taxes within a MSTU
• 125.01(1)2(r)- No referendum required for ad valorem taxes
within MSTU
• 125.01(2) – BCC is the governing body of MSTU or MSBU
BACKGROUND OF MSTU
• Ordinance 84-19 Created MSTU
• Ordinance 84-19 MSTU originally provided funding for
– Parks, Roads and Law Enforcement
– Law Enforcement and road funding requirements were eliminated
from the Stipulation and Agreement as a result of a subsequent court
case
• 1986 – Millage assessment began to fund
Unincorporated Parks
• 2003 – Parks Master Plan adopted
• MSTU currently operates with a 65%/35% general fund
split for County Parks Budget
COUNTY PARKS GENERAL FUND IMPACT
$1,400,000
County Parks
$1,200,000
General Fund
Contribution
$1,000,000
TDD Contribution
$800,000
$600,000
$400,000
$200,000
$0
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2013 TDD CONTRIBUTION - $428,126 2014 TDD CONTRIBUTION - $411,797
UNINCORPORATED PARKS - MSTU
$5,000,000
$4,500,000
$4,000,000
Cash
$3,500,000 Reserves
$3,000,000 Annual
Revenue
$2,500,000
Operational
$2,000,000 Budget
$1,500,000
$1,000,000
$500,000
$0
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
$1,200,000
$1,600,000
$400,000
$800,000
$0
2001 0.1327 $431,486
2002 $483,473
2003 0.1327 $511,200
2003 – Parks Master Plan Adopted
2004 0.2654 $1,115,258
2005 $1,241,939
2006 0.2654 $1,511,833
2007 0.2085 $1,569,193
2008 0.1888 $1,507,266
2009 0.18 $1,342,527
2010 $1,267,107
2011 $1,153,270
2012 $1,107,615
MSTU – MILLAGE AND REVENUE
2013 $1,102,425
2014 0.18 $1,125,025
MILLAGE
REVENUE
FY14 UNINCORPORATED PARKS WITH PROPOSED MSTU SPLIT
Unincorporated Parks Personnel Services $610,370
Unincorporated Parks Operating/Maint. Expenses $469,684
Total $1,080,054
Proposed Designation for Stormwater $450,000
Unincorporated Parks Personnel/O&M $1,080,054
FY14 Unincorporated Parks Capital Projects $600,000
Total Funding Required $2,130,054
FY14 MSTU Projected Revenue $1,125,025
Total Funding Required $2,130,054
Yearly Funding Needed from Reserves ($1,005,029)
MSTU Reserves (as of 7/13) $4,950,000 ÷
Projected Yearly Funding Needed from Reserves with ($1,005,029)
capital projects
Reserve support duraton with yearly draw down 5 Yrs
FY14 STORMWATER BUDGET WITH PROPOSED MSTU SPLIT
Personnel Services $500,653
Operating Expenses $335,168
Total Personnel/O&M (no capital projects) $835,821
Capital Outlay ( $12,000 Lake Doctor/$45,000 for Addendum) $57,000
Total Funding Required $892,821
Projected Cash Carryforward -$100,000
New Revenue Needed $792,821
Proposed Designation from General Revenue -$400,000
Revenue Shortfall $392,821
Proposed Contribution from MSTU Split $450,000
Possible revenue for capital improvements $57,179