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9' B, <br />JEFFREY R. SMITH, CPA, CGFO, CGMA <br />Clerk of Circuit Court & Comptroller <br />Finance Department <br />1801 27d, Street <br />Vero Beach, FL 32960 <br />Telephone: (772) 226-1945 <br />TO: Board of County Commissioners <br />FROM: Elissa Nagy, Finance Director <br />THROUGH: Jeffrey R. Smith, Clerk of the Circuit Court and Comptroller <br />DATE: November.18.2018 <br />SUBJECT: Dori Slosberg Driver Education Safety Act <br />Indian Rider County Traffic Education Program Trust Fund Report <br />Cumulative Reporting Through 09/30/18 <br />BACKGROUND <br />On August 20, 2002, the Board of County Commissioners adopted Ordinance Number 2002-026 creating <br />the Indian River County Traffic Educationn. Program Trust Fund (our Fund 137). This ordinance authorized <br />a $3 traffic ticket surcharge, which is collected by the Clerk of the Circuit Court. On. September 19, 2006, <br />the Board adopted Ordinance 2006-035 to repeal this fine. <br />Subsequently on February 17, 2015, the Board elected to reinstate and increase the driver education fee to <br />$5 under Ordinance Dumber 2015-003. The new fee was effective March 1, 2015 and is charged on each <br />civil traffic penalty assessed in the County. As noted in the ordinance, these funds shall be used "to fund <br />driver education programs in public and nonpublic schools" <br />Attached to this memo is a report of the revenues and expenditures from the inception of the initial $3 fee <br />(October 1, 2002) and includes the new $5 fee commencing in March 2015. As of September 30, 2018, the <br />balance in the Fund is $85,325. <br />The Clerk's office will continue to provide a quarterly report of the traffic education trust activity. <br />RECOMMENDATION <br />Staff recommends that the Board of County Commissioners accept the attached report. <br />21 <br />