2020 Consolidated Major Revenue and Debt Report

STORMWATER ASSESSMENTS 2020 Budget: $ 16,735,821 2020 Actual: $ 17,173,415 2021 Budget: $ 16,795,034 Legal Authorization: Florida Statutes, Section 403.0893(1); County Ordinance 99-017 which amended and restated in their entirety 94-066, as amended by 95-063, 96-010, and 11-045. Description: This annual assessment is charged to all developed properties within the County and is listed on the property tax bill. For the purposes of imposing the fee, all developed property within the County is divided into two classes: the residential class and the non-residential class. The assessment rates are set by resolution of the Board of County Commissioners at a public hearing during the budget process. There are certain properties required to receive additional assessments for capital improvement projects specifc to their basins. Assessments used for capital purposes are recorded as “capital contributions” rather than revenues in the fnancial statements. Uses and Restrictions: The fee is assessed to cover the costs associated with the operation, maintenance, administration, and construction of a public stormwater management system. IMPACT FEES 2020 Budget: $ 33,020,127 2020 Actual: $ 36,835,457 2021 Budget: $ 37,103,500 Legal Authorization: Sarasota County Code Chapter 70. Description: Impact fees are charges imposed by local governments against new development, as a total or partial reimbursement for the cost of additional facilities or services made necessary by the new development. The purpose of the charge is to impose upon the newcomer, rather than the general public, the cost of new facilities necessitated by the newcomer’s arrival. Sarasota County collects many diferent types of impact fees. Impact fees are levied for fre and rescue facilities, roads, parks, libraries, water facilities, law enforcement, justice facilities, general government and wastewater facilities. All of the impact fees are collected by the Planning and Development Services Business Center. Uses and Restrictions: The fees must be collected and used within the same service area. Furthermore, the fees must be used for facilities which are required by new construction. BUILDING PERMITS 2020 Budget: $ 8,840,861 2020 Actual: $ 11,928,632 2021 Budget: $ 10,258,263 Legal Authorization: County Ordinances 83-063 as amended by 85-076, 86-061, 86-103, 87-002, 89-015, 90-021, 90-038, 93-061, 94-001, 94-027, 98-013, 00- 053, and 05-016. Description: Building permit fees are intended to cover the costs associated with inspection and enforcement of the County’s building code. The fees are set by the Board of County Commissioners and collected by the Planning and Development Services Business Center. Uses and Restrictions: Building permit fees are restricted to defray the cost of administering the County’s construction and property standards. MOBILITY FEES 2020 Budget: $ 10,872,256 2020 Actual: $ 10,052,561 2021 Budget: $ 12,291,744 Legal Authorization: County Ordinance 15-051 as amended by 15-077. Description: Mobility Fees are charges imposed by local governments against new development. The intent of the Mobility Fees is to combine transportation concurrency, proportionate share and impact fees into a simplifed one-time payment by which developments can mitigate their impact to the transportation system based upon the projects and mobility strategies established in an adopted Mobility Plan. Uses and Restrictions: Amounts on deposit in the mobility fee fund accounts shall be used by the County solely for developing transportation facilities or for fnancing directly, or as a pledge against bonds, revenue certifcates and other obligations of indebtedness, the costs of transportation facilities, or portions thereof, that are located in the corresponding mobility fee district from which the funds were collected or in adjacent areas, that are included in the County’s capital improvement plan, mobility plan, bicycle and pedestrian plan, transit development plan or comprehensive plan, and beneft new development located within the corresponding mobility fee district. Amounts on deposit in the mobility fee funds shall not be used for any expenditure that would be classifed as a transportation operation and maintenance expense. SarasotaClerk.com 13