Okaloosa County BOCC — August 28, 2013 — reading text

3.94% Support Class Elected Officers’ Class— Legislators, Governor, Lt. Governor, 6.51% 6.51% Cabinet Officers, State Attorneys, Public Defenders Elected Officers’ Class— 10.02% 10.02% Justices, Judges Elected Officers’ Class— 8.36% 8.36% County Elected Officers Senior Management Class 4.84% 4.84% DROP 4.33% 4.33% (5) In order to address unfunded actuarial liabilities of the system, the required employer retirement contribution rates for each membership class and subclass of the Florida Retirement System for both retirement plans are as follows: Percentage of Percentage of Gross Gross Membership Class Compensation, Compensation, Effective Effective July 1, 2012 July 1, 2013 Regular Class 0.49% 2.02% Special Risk Class 2.75% 7.03% Special Risk Administrative 0.83% 27.04% Support Class Elected Officers’ Class— Legislators, Governor, Lt. Governor, 0.88% 27.18% Cabinet Officers, State Attorneys, Public Defenders Elected Officers’ Class— 0.77% 16.38% Justices, Judges Elected Officers’ Class— 0.73% 23.01% County Elected Officers Packet Pg. 50 Senior Management Service Class 0.32% 11.25% DROP 0.00% 6.21% (6) If a member is reported under an incorrect membership class and the amount of contributions reported and remitted is less than the amount required, the employer shall owe the difference, plus the delinquent fee, of 1 percent for each calendar month or part thereof that the contributions should have been paid. The delinquent assessment may not be waived. If the contributions reported and remitted are more than the amount required, the employer shall receive a credit to be applied against future contributions owed. (7) The state actuary shall recognize and use an appropriate level of available excess assets of the Florida Retirement System Trust Fund to offset the difference between the normal costs of the Florida Retirement System and the statutorily prescribed contribution rates. History.—s. 1, ch. 2002-177; s. 47, ch. 2002-402; s. 3, ch. 2003-260; s. 1, ch. 2004- 293; s. 1, ch. 2005-93; s. 1, ch. 2006-35; s. 1, ch. 2007-84; s. 7, ch. 2008-139; s. 1, ch. 2009-76; s. 33, ch. 2011-68; s. 4, ch. 2012-146. 1 Note.—Section 41, ch. 2011-68, provides that: “(1) Effective upon this act becoming a law, the State Board of Administration and the Department of Management Services shall request, as soon as practicable, a determination letter and private letter ruling from the United States Internal Revenue Service. If the United States Internal Revenue Service refuses to act upon a request for a private letter ruling, then a legal opinion from a qualified tax attorney or firm may be substituted for such private letter ruling. “(2) If the board or the department receives notification from the United States Internal Revenue Service that this act or any portion of this act will cause the Florida Retirement System, or a portion thereof, to be disqualified for tax purposes under the Internal Revenue Code, then the portion that will cause the disqualification does not apply. Upon receipt of such notice, the state board and the department shall notify the presiding officers of the Legislature.” Copyright © 1995-2013 The Florida Legislature • Privacy Statement Packet Pg. 51  BOARD OF COUNTY COMMISSIONERS AGENDA REQUEST DATE: September 5, 2013 TO: Honorable Chairman and Members of the Board FROM: Dave Skarzynski, Budget Manager SUBJECT: Resolution Adopting Tentative Millage Rate Please see attached Resolution for adoption of the tentative millage rate for Fiscal Year 2013- 2014. Packet Pg. 52  RESOLUTION NUMBER A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF OKALOOSA COUNTY, FLORIDA, ADOPTING THE TENTATIVE LEVYING OF AD VALOREM TAXES FOR OKALOOSA COUNTY AND COUNTY PARKS MUNICIPAL SERVICE TAXING UNIT FOR FISCAL YEAR 2013-2014; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Board of County Commissioners of Okaloosa County, Florida, on September 5, 2013 adopted Fiscal Year 2013-2014 Tentative Millage Rates following a public hearing as required by Florida Statute 200.065; and WHEREAS, the Board of County Commissioners of Okaloosa County, Florida, held a public hearing as required by Florida Statute 200.065; and WHERAS, the gross taxable value for operating purposes not exempt from taxation within Okaloosa County has been certified by the County Property Appraiser to the Board of County Commissioners as $13,823,628,804 county wide and $6,579,092,049 for the unincorporated property of Okaloosa County. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioner of Okaloosa County, Florida that: 1. The Fiscal Year 2013-2014 operating millage rate for County wide is 3.4308 mills which is greater than the rolled-back rate of 3.2583 mills by 5.29%. 2. The Fiscal Year 2013-2014 operating millage rate for the County Parks MSTU is 0.1800 mills which is greater than the rolled-back rate of 0.1782 mills by 1.01%. 3. The fiscal year 2013-2014 aggregate millage is 5.12% more than the previous year. 4. This resolution shall take effect immediately upon its adoption. DULY ADOPTED at a public hearing this 5th day of September, 2013, _________ P.M. BOARD OF COUNTY COMMISSIONERS OKALOOSA COUNTY, FLORIDA ____________________________________ DON R. AMUNDS, CHAIRMAN ATTEST: DON W. HOWARD CLERK OF CIRCUIT COURT BY: _____________________________ Deputy Clerk Packet Pg. 53  BOARD OF COUNTY COMMISSIONERS AGENDA REQUEST DATE: September 5, 2013 TO: Honorable Chairman and Members of the Board FROM: Dave Skarzynski, Budget Manager SUBJECT: Resolution Adopting Tentative Budget Please see attached Resolution for adoption of the tentative budget for Fiscal Year 2013-2014. Packet Pg. 54  RESOLUTION NUMBER A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF OKALOOSA COUNTY, FLORIDA, ADOPTING THE TENTATIVE BUDGET FOR FISCAL YEAR 2013- 2014; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Board of County Commissioners of Okaloosa County, Florida, on September 5, 2013, held a public hearing as required by Florida Statute 200.065; and WHEREAS, the Board of County Commissioners of Okaloosa County, Florida, set forth the appropriations and revenue estimate for the Budget for Fiscal Year 2013-2014 in the amount $279,897,664. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of, Okaloosa County, Florida that: 1. The Fiscal Year 2013-2014 Tentative Budget be adopted. 2. This resolution shall take effect immediately upon its adoption. DULY ADOPTED at a public hearing this 5th day of September, 2013, __________ P.M. BOARD OF COUNTY COMMISSIONERS OKALOOSA COUNTY, FLORIDA _____________________________________ DON R. AMUNDS, CHAIRMAN ATTEST: DON W. HOWARD CLERK OF CIRCUIT COURT BY: _______________________ Deputy Clerk Packet Pg. 55