Okaloosa County BOCC — March 18, 2013 — reading text

be other ways to fund projects. State and Federal assistance may be part of the answer, but we have waited several generations for an outside benefactor. Let’s be our own best friend. If we get assistance from other sources we can be pleasantly surprised and retire debt early. Attachment: Chesser TIF (1422 : Tax Increment Financing) Again, we need your comment and your help to make these important possibilities happen. Please e- mail your questions or comments directly to me. Packet Pg. 17  4.1.d TAX INCREMENT FINANCING (TIF) LAUREL HILL BLACKWATER Attachment: Chesser TIF Discussion Map (1422 : Tax Increment Financing) RIVER STATE GARDEN FOREST CITY BAKER DORCAS CRESTVIEW DEERLAND EGLIN Legend Roads CRESTVIEW EGLIN AFB BLACKWATER RIVER SF Location Map : Packet Pg. 18  4.1.e TAX INCREMENT FINANCING Attachment: Chesser TIF Presentation (1422 : Tax Increment Financing)  TIF IS THE DESIGNATION OF AN AREA IN WHICH PRIVATE DEVELOPMENT CANNOT MOVE FORWARD BECAUSE OF INADEQUATE INFRASTRUCTURE Packet Pg. 19  4.1.e Tax Increment Financing 2 Attachment: Chesser TIF Presentation (1422 : Tax Increment Financing)  THE TIF AREA MUST BE ONE IN WHICH PRIVATE INVESTMENT WILL BE MADE, IF THERE IS ADEQUATE PUBLIC INVESTMENT TO SUPPORT IT. Packet Pg. 20  4.1.e Tax Increment Financing 3 Attachment: Chesser TIF Presentation (1422 : Tax Increment Financing)  THE PUBLIC INVESTMENT MUST BE MADE FIRST Packet Pg. 21  4.1.e Tax Increment Financing 4 Attachment: Chesser TIF Presentation (1422 : Tax Increment Financing)  IF THE PUBLIC INVESTMENT IS NOT MADE, PRIVATE INVESTMENT WILL NOT BE MADE, OR IF IT IS, THE QUALITY AND SPEED WITH WHICH PRIVATE INVESTMENT OCCURS WILL BE VASTLY DIFFERENT Packet Pg. 22  4.1.e Tax Increment Financing 5 Attachment: Chesser TIF Presentation (1422 : Tax Increment Financing)  WITHOUT UP-FRONT COMMITMENT TO PUBLIC INVESTMENT, PRIVATE INVESTMENT WILL BE SLOW, OF LESSER QUALITY, AND WILL MAKE WHATEVER PUBLIC INVESTMENT IS EVENTUALLY MADE, FAR MORE EXPENSIVE. Packet Pg. 23  4.1.e Tax Increment Financing 6 Attachment: Chesser TIF Presentation (1422 : Tax Increment Financing)  TAX INCREMENT FINANCING WILL NOT COST THE COUNTY AND CITY TAX REVENUE IF DONE PROPERLY Packet Pg. 24  4.1.e Tax Increment Financing 7 Attachment: Chesser TIF Presentation (1422 : Tax Increment Financing)  TIF WILL ONLY WORK IN NORTH OKALOOSA COUNTY IF THE COUNTY AND CITY COORDINATE THEIR EFFORTS. Packet Pg. 25  4.1.e Tax Increment Financing 8 Attachment: Chesser TIF Presentation (1422 : Tax Increment Financing)  IF TIF IS A GOOD IDEA STANDING ALONE, IT IS AN EVEN BETTER IDEA IF OTHER SOURCES OF REVENUE ARE ADDED. Packet Pg. 26  4.1.e THE TEAM Attachment: Chesser TIF Presentation (1422 : Tax Increment Financing)  MIKE CHESSER  ELLIOT KAMPERT  ERIC DAVIS  DR. ROD LEWIS Packet Pg. 27  4.1.e Packet Pg. 28 Attachment: Chesser TIF Presentation (1422 : Tax Increment Financing)  5.1 BOARD OF COUNTY COMMISSIONERS AGENDA REQUEST DATE: March 5, 2013 TO: Honorable Chairman and Members of the Board FROM: Dave Skarzynski, Budget Manager SUBJECT: Approval of Budget Resolutions & Transfers Resolution amending the Fiscal Year 2013 Budget, General Fund, which did not reflect adequate appropriations from Florida Department of Emergency Management for issues 5 and 17 homeland security grant in the amount of $170,000. Resolution amending the Fiscal Year 2013 Budget, General Fund, which did not reflect adequate appropriations from Florida Division of Library and Information Services for state aid to libraries grant in the amount of $29,331. Resolution amending the Fiscal Year 2013 Budget, Road/Bridge Construction Fund, which did not reflect adequate appropriations for donations from BankTrust for J.P. Adams/SR 85 intersection improvements in the amount of $200,000. Resolution amending the Fiscal Year 2013 Budget, Water and Sewer Enterprise Fund, which did not reflect adequate appropriations from Enterprise Florida, Inc. (EFI) for Shoal River military buffering project grant in the amount of $200,000. Resolution amending the Fiscal Year 2013 Budget, Water and Sewer Enterprise Fund, which did not reflect adequate appropriations deferred revenue for Duke Field main and lift station in the amount of $733,681. Resolution amending the Fiscal Year 2013 Budget, Inspection Enterprise Fund, which did not reflect adequate appropriations for cash carryforward in the amount of $100,000. BT-13-26 for Board approved task order #8 with Reynolds, Smith and Hill for preparation of environmental assessment for air traffic control tower at Destin Airport in the amount of $29,500. BT-13-27 for Airport Enterprise Fund refinancing of commercial paper loan bond in the amount of $2,000,000. Packet Pg. 29  5.1.a RESOLUTION NO. A RESOLUTION AMENDING THE FISCAL YEAR 2013 BUDGET GENERAL FUND WHEREAS, the Board of County Commissioners in the original budget did not reflect adequate appropriations from Florida Department of Emergency Management (FDEM) for issues 5 and 17 homeland security grant, and WHEREAS, said additional revenue is evident, and WHEREAS, Section 129.06(2)(d), Florida Statutes provides that a County may, by resolution of the Board of County Commissioners at any time during the fiscal year, appropriate and expend funds received for a particular purpose from a source not anticipated in the original Attachment: 13-001-32 (1445 : Approval of Budget Resolutions & Transfers) budget, and NOW, THEREFORE, BE IT RESOLVED, by the Board of County Commissioners of Okaloosa County, Florida that the budget for the General Fund be increased, as follows: RECEIPTS DEPT-ACCOUNT AMOUNT Public Safety - Sheriff 701383R-331210 $170,000 EXPENDITURES DEPT-ACCOUNT AMOUNT Budget Transfer-Sheriff-Law Enforcement 701383-591086 $170,000 Adopted this regular session the 5th day of March 2013. BOARD OF COUNTY COMMISSIONERS OKALOOSA COUNTY, FLORIDA ____________________________________ DON R. AMUNDS, CHAIRMAN ATTEST: DON W. HOWARD CLERK OF CIRCUIT COURT BY: ____________________________ Deputy Clerk Budget Amendment No. __________ Packet Pg. 30  5.1.b RESOLUTION NO. A RESOLUTION AMENDING THE FISCAL YEAR 2013 BUDGET GENERAL FUND WHEREAS, the Board of County Commissioners in the original budget did not reflect adequate appropriations from Florida Division of Library and Information Services (FDLIS) for state aid to libraries grant, and WHEREAS, said additional revenue is evident, and WHEREAS, Section 129.06(2)(d), Florida Statutes provides that a County may, by resolution of the Board of County Commissioners at any time during the fiscal year, appropriate and expend funds received for a particular purpose from a source not anticipated in the original Attachment: 13-001-33 (1445 : Approval of Budget Resolutions & Transfers) budget, and NOW, THEREFORE, BE IT RESOLVED, by the Board of County Commissioners of Okaloosa County, Florida that the budget for the General Fund be increased, as follows: RECEIPTS DEPT-ACCOUNT AMOUNT Culture/Recreation - State 701371R-334700 $29,331 EXPENDITURES DEPT-ACCOUNT AMOUNT Salaries/Wages – Full-time 701371-512010 $20,107 FICA Taxes 701371-521000 $1,527 Retirement Contributions 701371-522000 $1,034 Life & Health Insurance 701371-523000 $6,607 Workers’ Compensation 701371-524000 $56 Adopted this regular session the 5th day of March 2013. BOARD OF COUNTY COMMISSIONERS OKALOOSA COUNTY, FLORIDA ____________________________________ DON R. AMUNDS, CHAIRMAN ATTEST: DON W. HOWARD CLERK OF CIRCUIT COURT BY: ____________________________ Deputy Clerk