Agenda Item Name:
Title
FY22 Fire Services Non-Ad Valorem Assessment Final Rate Resolution
End
Presenter:
Tommy Crosby, 352-337-6205 Harold Theus 352-384-3101
Description:
This is the Assessment Resolution authorizing a public hearing to set rates for the Fire Services Assessment for Fiscal Year 2021-22.
Recommended Action:
Recommended Action
Adopt the Fire Services Assessment Final Rate Resolution for Fiscal Year 2021-22.
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Prior Board Motions:
Resolution 2021-72 was approved on July 13, 2021, 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 Fire Assessment was implemented in FY17-18 with Tier 1 rate of $83.34 and Tier 2 rate of $7.63. The Fire Assessment rates remained flat for 4 consecutive fiscal years.
For Fiscal Year 2021-22, the proposed rate increase for Tier 1 is $90.69 and Tier 2 $8.31 per Equivalent Benefit Unit (EBU). The FY22 expected revenue is $15,544,960 (011.00.0000.325.2000). The average Fire Assessment bill at 30 EBUs will increase by $27.75 for Tier 1 and 2.End
Background:
The Fire Assessment was adopted by the Board and implemented as a funding source for fire protection services in FY2017-18 and continues through FY2021-22. A resolution was adopted on July 13, 2021 to set the Tentative Fire Assessment rates that were included in the TRIM notices mailed August 16, 2021 by the Property Appraiser.