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7/10/2001
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7/10/2001
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Last modified
4/12/2017 3:34:05 PM
Creation date
9/25/2015 4:24:08 PM
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Meetings
Meeting Type
BCC
Document Type
Migration
Meeting Date
07/10/2001
Archived Roll/Disk#
2279
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9.B. PUBLIC DISCUSSION ITEM - GAYL NYE - VIEWS <br />CONCERNING CONSOLIDATION OF FIRE AND EMS SERVICES <br />Withdrawn. <br />11.E. FLORIDA RETIREMENT SAVINGS (CONSTITUTIONAL <br />OFFICERS) <br />The Board reviewed a Memorandum of June 29, 2001: <br />TO: <br />DATE: <br />SUBJECT: <br />THROUGH: <br />Members of the Board of County Commissioners <br />June 29, 2001 <br />FLORIDA RETIREMENT SAVINGS <br />Joseph A. Baird <br />Assistant County Administrator <br />FROM: Jason E. Brown <br />Budget Manager <br />The Florida Retirement rates were reduced effective July 1, 2001. As for the past three years, <br />staff has calculated the retirement savings for the 2000/2001 fiscal year and will use the tax <br />savings to offset the ad valorem taxes in the 2001/2002 fiscal year. The Budget Office wrote the <br />Constitutional Officers requesting they reduce their current year budget (2000/2001) so that the <br />savings could be used as Cash Forward Revenue in the next fiscal year (2001/2002). A letter <br />was not sent to the Tax Collector since he is a fee officer and receives funding based on a <br />percentage of ad valorem tax collections under state law. <br />The Clerk of Circuit Court, the Supervisor of Elections, the Property Appraiser and the Sheriff's <br />Department, sent calculations back and have agreed to reduce their budgets by the full amount of <br />the retirement savings. <br />The amount that staff recommends using to reduce ad valorem taxes is shown below: <br />July 10, 2001 <br />General Fund <br />BCC Departments <br />Clerk of Circuit Court <br />Property Appraiser <br />Sheriff <br />Supervisor of Elections <br />Total General Fund <br />M.S.T.U. <br />Transportation Fund <br />Emergency Services <br />Total Taxing Funds <br />26 <br />$ 28,072 <br />$ 7,615 <br />$ 5,846 <br />$ 61,225 <br />$ 1,592 <br />$104,350 <br />$ 5,309 <br />$ 20,483 <br />$ 41,071 <br />S171,213 <br />BK 1i8PG827 <br />
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