www.mymanatee.org
Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - May 8, 2018
May 8, 2018 - Regular Meeting
Agenda Item #37


Subject
Infrastructure Sales Tax Project and Equipment List Changes

Briefings
None

Contact and/or Presenter Information
Jan Brewer, Director, Financial Management, x 3726

Action Requested
Adoption of Resolution R-18-069 - Approval for the proposed changes to the Infrastructure Sales Tax Project and Equipment List Exhibit B-18.3 to add $656,408 to Transportation - Intersection Improvements, add $220,000 to Public Safety & Law Enforcement - Criminal Justice & Public Safety Facility Improvements, and remove $200,000 from Public Safety & Law Enforcement - Law Enforcement Facilities & Equipment.

Adoption of Resolution R-18-072 authorizing a short term loan not to exceed $20,000 from the Infrastructure Sales Tax Transportation Capital Projects fund (Fund 850) to the Infrastructure Sales Tax Public Safety & Law Enforcement Capital Projects fund (Fund 851) for the funding of FY18 projects.

Adoption of Budget Resolution B-18-066 adjusting the FY18-22 CIP amending the annual budget for Manatee County, FL, for fiscal year 2018.

Enabling/Regulating Authority
Section 212.055(2) Florida Statutes

Ordinance 16-35 Infrastructure Sales Tax Referendum

Resolution R-16-128

Resolution R-18-044

Resolution R-18-069 being presented under Public Hearing, as advertised, on May 8, 2018 at the Board of County Commissioners Meeting.

Background Discussion
Ordinance 16-35 provided for a referendum to be conducted allowing for the collection and distribution of an infrastructure sales tax. The referendum was passed by voters on November 8, 2016, and beginning January 1, 2017, a half-cent discretionary local government infrastructure sales surtax is being collected in Manatee County.

Resolution R-16-128, approved by Commissioners on August 9, 2016, and Exhibit B of the Resolution, Infrastructure Sales Tax Project and Equipment List, contained a detailed list of the projects to be funded by the Infrastructure Sales Tax and their estimated costs.

As amended in Resolution R-18-044, a Public Hearing has been scheduled on May 8, 2018, to adopt Resolution R-18-069 to approve the proposed changes to the Infrastructure Sales Tax Project and Equipment List Exhibit B-18.3 to add $656,408 to Transportation - Intersection Improvements, add $220,000 to Public Safety & Law Enforcement - Criminal Justice & Public Safety Facility Improvements, and remove $200,000 from Public Safety & Law Enforcement - Law Enforcement Facilities & Equipment.

The budget amendment being presented with this agenda will be adjusting the FY18-22 CIP amending the annual budget for Manatee County, FL, for fiscal year 2018.

The cost estimates for the Infrastructure Project and Equipment List Exhibit B were completed in 2016, wherein the estimates have since become outdated and the costs to complete the projects have increased.

This is an increase in costs to the total list of projects as stated in Resolution 16-128 which brings the total as follows:

Resolution 16-128                   $334,587,700
Changes:
Resolution 17-105                        2,450,000
Resolution 18-021                           195,000
Resolution 18-044                           144,900
Proposed Resolution 18-069             676,408
Proposed Amended Project       $338,054,008

The changes being proposed do not change the category percentages and are not adding new projects.

County Attorney Review
Not Reviewed (No apparent legal issues)

Explanation of Other


Reviewing Attorney
N/A

Instructions to Board Records
Copy of approved resolutions to: Financial Management Department at Budget@mymanatee.org

Cost and Funds Source Account Number and Name
$656,408, Transportation - Fund 850; $20,000, Public Safety and Law Enforcement - Fund 851

Amount and Frequency of Recurring Costs
N/A


Attachment:  R-18-069 With Exhibit B.18.3.pdf
Attachment:  Ordinance 16-035 dtd 6.21.16.pdf
Attachment:  R-18-044 with Exhibilt B-18.2 dtd 3.20.18 Fully Executed.pdf
Attachment:  Changes to IST Summary 5.08.18.pdf
Attachment:  R-18-072 Interfund Loan - 05.08.18.pdf
Attachment:  Proof of Publication Affidavit - Manatee Co BD Comm.pdf
Attachment:  B-18-066 IST Exhibit B-18.3 Project and Equipment List Changes.pdf