HomeMy WebLinkAboutCBC Meeting 11-20-2015 - Half Cent Sales Tax1/12/2016
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St. Lucie County Board of County Commissioners
Citizens Budget Committee Meeting
November 20, 2015
Agenda
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1/12/2016
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Local Government Infrastructure Surtax
Amount Levied:
Each county may levy a discretionary sales surtax of 0.5% or 1%
Referendum: Two Methods
Enacted by a majority of County Commission and approved by the majority of the voters by referendum.
Municipalities representing a majority of the county’s population may initiate the surtax by adoption of resolutions calling for a countywide referendum and approved by the majority of the voters by referendum.
Length:
Surtax Referendums enacted after July 1, 1993 do not have a limit on the length of levy
Distribution: Two Methods
Local agreement to determine the distribution of the surtax
Formula provided in Florida Statute 218.62 (based on the Local Government Half‐Cent Sales Tax formulas)
49.95% ‐ County
50.05% ‐ City
Estimated Proceeds
$15,576,076 (based on the Local Government Half‐Cent
Sales Tax formulas 49.95% to County)
Bonds
May pledge the proceeds of the tax for the bonds
Counties and municipalities may join together for the issuance
of bonds
County Comparison
18 Counties in the State of Florida levy the Infrastructure Surtax
Neighboring counties that levy the Infrastructure Surtax and
effective date:
Okeechobee (Oct 1. 1995)
Indian River (Jun. 1989)
Local Government Infrastructure Surtax
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Authorized Uses of Proceeds
To finance, plan, and construct infrastructure
To acquire land for public recreation, conservation, or
protection of natural resources
To provide loans, grants, or rebates to residential or
commercial property owners who make energy efficiency
improvements to their residential or commercial property,
if a local government ordinance authorizing such uses is
approved by referendum
Per Section 212.005(2) Florida Statutes
Infrastructure Examples
Infrastructure related investment with a life expectancy of least 5
years. Examples are:
Roadway Improvements
Stormwater Drainage
Equipment and Vehicles
Building and Facility Improvements
Jails
Parks/Special Facilities
Other:
Energy Efficiency Improvements
Court Facilities
15% can be allocated to Economic Development
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History of St. Lucie County Voted Debt & Taxes
1973 : Special Taxing District Referendum ‐ Failed
Dec. 1973: Recreation Bond Referendum ‐ Failed
Nov. 1982: Beach Acquisition Bond Referendum ‐ Passed
Jul. 1984: General Obligation Bond for Jail – Passed
Nov. 1984: 1% Sales Tax Referendum Criminal Justice Center – Passed
Sep. 1986: Water & Sewer Authority Special Referendum – Passed
Mar. 1988: 1Cent Sales Tax ‐ ?????
Oct. 1990: Children’s Services Referendum ‐ Passed
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History of St. Lucie County Voted Debt & Taxes
Nov. 1992: County Referendum Econ. Dev. Ad Valorem Tax Exemption‐Passed
Oct. 1993: General Obligation Bonds for Jail – Failed
Oct. 1993: Sales Tax to Fund the Construction of Transportation and Other
Public Facilities – Failed
Nov. 1994: Environmentally Significant Lands Acquisition Referendum ‐
Passed
Dec. 1997: Penny Tax for Infrastructure – Failed
Nov. 2002: St. Lucie County Parks Referendum ‐ Passed
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Percentage of Local Option Sales Tax Paid By
Nonresidents
25% of Nonresidents
will pay the local
option sales tax,
according to 2012
Study done by the
University of West
Florida
Resident
75.00%
Nonresident
25.00%
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Growth of Gross Sales Tax In Florida
13.99%
5.71%5.53%4.55%4.43%4.39%
0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
14.00%
16.00%
2016 2017 2018 2019 2020 2021
Percentage Change
Percentage Change
Sales Taxes are
estimated to grow
on average of 4% to
6% in the next 6
years.
Source: Florida Office of Economic & Demographic Research
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Project Categories
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Category Description Amount
Public Safety Projects that improve public safety services to the
resident of St. Lucie County
$12,800,000
Environmental Projects which enhance our natural environment either
through preservation or mitigation of our natural
resources air, land or water
$79,350,000
Transportation
Infrastructure
Projects that improve our transportation system of
roads, intersections and bridges
$283,700,000
Economic
Development
Projects that improve our ability to retain or attract
businesses and increase employment in the region
$217,900,000
Public Safety Projects
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Priority Description Amount
1. 800 MHz Public Safety Radio System $12,000,000
2. Sheriff Vehicle Replacement 800,000
Total $12,800,000
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Environmental Projects
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Priority Description Amount
1. Paradise Park Phase 4 (FINAL PHASE) $2,000,000
2. Paradise Park Drainage‐Phase 5 300,000
3. Platts Creek Preserve 300,000
4. Melville Rd Stormwater Master Plan 1,250,000
5. Melville Rd (Ph 1‐5 Design and Construction) 11,000,000
6. San Lucie Stormwater Master Plan 200,000
7. San Lucie Drainage Improv‐Phase II 2,100,000
8. San Lucie Ph3‐5 (Design and Construction) 7,000,000
9. White City Drainage Citrus & Saeger Phase 1 $0
Environmental Projects
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Priority Description Amount
10. Wet Detention Pond Retrofit Program ‐ TMDL $2,500,000
11. St Lucie Estuary/Indian River Lagoon Nutrient Removal Initiative ‐
TMDL
9,500,000
12. Harmony Heights Phase I 200,000
13. Harmony Heights Drainage Improvements (Ph 2‐5) 7,000,000
14. Sunland Gardens Neighborhood Improvement Project 25,000,000
15. White City ‐ Canals F and G 11,000,000
Total $79,350,000
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Transportation Infrastructure Projects
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Priority Description Amount
1. Kings Hwy & Indrio Rd Intersection $14,900,000
2. Midway Road (Glades Cut‐off Rd to Selvitz Rd) 15,000,000
3. Jenkins Road(Midway Rd to St. Lucie Blvd.) 120,100,000
4. Airport Connector (turnpike to Kings Hwy.) 13,800,000
5. Glades Cut‐off Rd. (Commerce Ctr. to Selvitz Rd) 70,100,000
6. Selvitz Road (Glades Cut‐off Rd. to Edwards Rd.) 9,300,000
7. Road Resurfacing (25 miles per year) 40,500,000
Total $283,700,000
Economic Development Projects
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Priority Description Amount
1. Port Land Acquisition $100,000,000
2. Airport Development 20,000,000
3. Mets Stadium Development 75,000,000
4. Taylor Dairy Road Reclaimation Facility and Water Treatment
Plant
20,000,000
5. Water Main on Indrio Road and US Highway 1 2,900,000
Total $217,900,000
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Next Steps
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