07/17/2019 (3) - Laserfiche WebLink

Home Browse Search

trecial Revenue and Capital Projects Funds There is one proposed changes to the Oslo Park street lighting district assessment in FY 2019/20, which is a decrease of $9.79 or 38.4%. All other street lighting district assessments will remain unchanged. District 2018/2019 Parcel/Acre 2019/2020 Parcel/Acre Variance Gifford $23.00 $23.00 $0.00 Laurelwood $36.00 $36.00 $0.00 Rockridge $7.00 $7.00 $0.00 Vero Highlands $36.00 $36.00 $0.00 Porpoise Point $10.00 $10.00 $0.00 Laurel Court $39.00 $39.00 $0.00 Tierra Linda $39.00 $39.00 $0.00 Vero Shores $24.00 $24.00 $0.00 lxora Park $20.00 $20.00 $0.00 Royal Poinciana $39.00 $39.00 $0.00 Roseland Road $1.00 $1.00 $0.00 Whispering Pines $16.00 $16.00 $0.00 Moorings $9.00 $9.00 $0.00 Walker's Glen $20.00 $20.00 $0.00 Glendale Lakes $40.00 $40.00 $0.00 Floralton Beach $46.00 $46.00 $0.00 West Wabasso $21.00 $21.00 $0.00 Oceanside (per lot) $51.00 $51.00 $0.00 Oslo Park (per lot) $25.47 $15.68 ($9.79) Optional Sales Tax The Optional Sales Tax (OST) Fund budget is $31,560,215 reflecting a decrease of $12,190,295 or 27.9% from the current year. This is due largely to the fluctuation in capital projects from year to year. The largest component of budgeted projects is for road construction, totaling $17,131,891 for FY 2019/20. Effective January 2020, the 20% allocation of OST to fund Indian River Lagoon improvement projects is also budgeted. Various deferred capital projects are funded in FY 2019/20 for a total of $2,150,000. These projects include new roofs on both the Courthouse and the Main Library, a new fuel tracking system for the Fleet facility, replacement playground equipment at Kiwanis Hobart Park, and the addition of boardwalks and trails at Lost Tree Island and South Prong Slough conservation areas. The addition of these boardwalks will improve the trails through wetland areas and allow the public improved access to enjoy the County's conservation areas. 15