6/22/1999 - Laserfiche WebLink

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• RECOMMENDATION• From the perspective of the Library, the benefit would be more direct if the "Friends " were to make a donation rather that a rent payment. If the Board concurs with that philosophy, then it should determine the amount, if any, that it would want to modify the current agreement and charges, and direct staff to prepare the necessary agreements and resolution to accomplish the same. ON MOTION by Commissioner Ginn, SECONDED BY Commissioner Stanbridge, the Board unanimously concurred that the agreement with the Friends of the Library be modified to a $1.00 per year charge and directed staff to prepare the necessary documents to accomplish same. 11.E. OPTIONAL SALES TAX -THIRD FIVE YEARS The Board reviewed a Memorandum of June 16, 1999: OFFICE_ OF MANAGEMENT AND BUDGET TO: Members of the Board of County Commissioners DATE: June 16, 1999 SUBJECT: OPTIONAL SALES TAX - THIRD FIVE YEARS - OMB AGENDA FROM: James E. Chandler Yn Joseph A. Bair County Administrator OMB Director Background Information Chapter 87-239 Laws ofFlorida initiated the "Local Government Infrastructure Commitment Act", which allowed counties to levy, for a period of up to fifteen years, a one cent tax on all transactions subject to taxation under Chapter 212.054 of the Florida statutes. In order to enact the surtax, an ordinance must be passed by the majority of the members of the Board of County Commissioners and then approved by a majority of votes in a referendum or passed by governing bodies of municipalities, representing a majority of the County's population, and approved by a majority of voters in a referendum. The Optional Sales Tax revenues are distributed to Indian River County and to the Cities within the County based on the same formula provided for under Chapter 218.62 Florida Statutes. This means Indian River County and the municipalities (Vero Beach, Sebastian, Indian River Shores, Town of Orchid and Fellsmere) shall receive a proportion of monies earmarked for distribution within the County. The proportion each municipal government receives is computed by dividing the population of that municipality by the sum of the total County population plus two-thirds of the incorporated areas' population. The county's portion is computed by dividing the sum of the unincorporated area's population plus two-thirds of the incorporated area population by the sum of the total County population plus two-thirds of the incorporated areas' population. According to the information provided by the State, in the 1998/99 year the revenue breakdown will be as follows: JUNE 22,1999 65 BOOK .0 J FAGE UGLU