Agenda Item Name:
Title
FY21 Fire Services Non-Ad Valorem Assessment Final Rate Resolution
End
Presenter:
Tommy Crosby, 337-6205
Description:
This is the Assessment Resolution authorizing a public hearing to set rates for the Fire Services Assessment for Fiscal Year 2020-21.
Recommended Action:
Recommended Action
Adopt the Fire Services Assessment Final Rate Resolution for Fiscal year 2020-21.
End
Prior Board Motions:
Resolution 20-51 was approved on July 14, 2020, to set the rates for Fire Services Non-Ad Valorem Assessments and authorize provision of the notice to affect property owners on the Notice of Proposed Taxes (TRIM).
Fiscal Consideration:
Fiscal Consideration
The rates for FY20-21 remain the same as the adopted rates in FY2017, 2018, and 2019. Tier 1 all non-exempt parcels - improved and unimproved $83.34 per parcel Tier 2 non-exempt improved parcels $7.63 per EBU (Per $5,000 of structure values, rounded down to nearest $5,000 is Equivalent Benefit Unit EBU) FY2021 expected revenue is $13,771,874.End
Background:
The Fire Assessment was adopted by the Board and implemented as a funding source for fire protection services in FY2017-18 and continued in FY2018-19, and FY2019-2020. The FY2020-21 Tentative Budget was presented to the Board on July 7, 2020. A resolution was adopted on July 14, 2020 to set the Tentative Fire Assessment rates that were included in the TRIM notices. The tentative rates for FY2020-21 are the same as adopted in FY2017, FY2018, and FY2019.
Tier 1 all non-exempt parcels-improved and unimproved $83.34 per parcel.
Tier 2 non-exempt improved parcels $7.63 per EBU (Per $5,000 of structure values, rounded down to nearest $5,000 is Equivalent Benefit Unit EBU).