07/12/2017 (2) - Laserfiche WebLink

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Based on the July 1 certified tax roll, the assessed value increased 7.4%; new construction added 1.9%, while existing values increased 5.5%. The proposed millage rate for the M.S.T.U. Fund is 1.0733, which is no change from the current year. This is 5.49% above the rolled back rate. Transportation Fund The recommended budget for the Transportation Fund is $15,588,761, reflecting an increase of $279,986 or 1.8% (pages 33-34). Some of the major factors impacting the Transportation Fund Budget are presented below: • Staffing increase - 3 FT positions, $202,094; • Increase in pipe and culverts - $60,000. • Rolling stock/capital equipment - $690,220 reflecting an increase of $19,617 from the FY2017 adopted amount. As noted previously a Senior Civil Engineer and an Engineering Technician in County Engineering are proposed to respond to demand in development review. An Environmental Compliance Specialist is also proposed in the Stormwater Department at a cost of $61,883 to optimize treatment performance of existing and proposed regional County stormwater treatment facilities: Egret Marsh Stormwater Park (existing), PC Main . Screening System (existing), Osprey Acres Floway and Nature Preserve (soon to be constructed), North Relief Canal Managed Aquatic Plant System (under design). Current staffing needs additional support to operate and maintain the two existing facilities, as well as the addition of Osprey Acres. Due to aging infrastructure, there have been a number of culvert failures experienced recently. To address this issue, funding for pipe and culvert materials was increased by $60,000. Addressing the deferred maintenance will require a multi-year effort. Constitutional gas taxes are budgeted to increase by $180,000 while County gas tax revenues reflect an increase of $25,000. Transfers from the General Fund and M.S.T.U. will account for 65.6% of total revenues next year compared to 63.7% for the current year. • • 12