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• <br />RECOMMM TIONS AND FUNDING <br />Unless contrary input is received at the Public Hearing, staff <br />recommends that the Board retain the current LOGT distribution <br />formula. The new distribution percentages as shown on the 2000 <br />LOGT chart shall be sent to the state for FY01/02 Fiscal Year. <br />Letters to five municipalities with chart attached. <br />The Chairman opened the public hearing and asked if anyone wished to be heard <br />regarding this matter. <br />Rich Stringer, City of Sebastian, believed that the County Code calls for an annual <br />calculation rather than every 2 years and felt that would be more equitable because of the <br />rapid growth taking place in North County. <br />The Chairman asked if anyone else wished to be heard regarding this matter. There <br />being none, the Chairman closed the public hearing. <br />Director Davis explained that the lag is caused by the difference between the County <br />and the State fiscal years which do not coincide. <br />County Attorney Bangel stated the Code provision does not really specify except that <br />it calls for an effective date on September V of every year. <br />Staff was directed to research the problem and advise the Board. <br />ON MOTION by Commissioner Stanbridge, <br />SECONDED by Commissioner Ginn, the Board <br />unanimously retained the current LOGT distribution <br />formula with the new distribution percentages as <br />shown on the 2000 LOGT Chart, as recommended <br />by staff. <br />AUGUST 22, 2000 <br />-69- BK 1IPG695 <br />