Financial Discussion Charlotte County MSBU/MSTU Discussion MSBUs - PowerPoint PPT Presentation

Financial Discussion Charlotte County

MSBU/MSTU Discussion

MSBUs # of Revenue Type Units Raised Street & Drainage 32 $26,453,852 Stormwater 3 5,481,678 Fire 3 22,994,793 Waterway Maintenance 15 1,221,859 Sanitation 3 12,693,094 Utilities - Construction 9 2,753,624 65 $71,598,900 3

Organization Chart 4

MSTUs Type Millage Raised Greater Charlotte Street Lighting District 0.3250 $3,071,856 Charlotte Public Safety Unit 2.5855 27,609,177 Don Pedro/Knight Island Street/Drainage 1.8012 563,512 Manasota Key Street & Drainage Unit 0.7798 350,317 Stump Pass/Beach Renourishment 0.1978 898,471 Sandhill Municipal Service Taxing Unit 0.7062 81,499 6.3955 $32,574,833 5

MSBU vs MSTU Northwest Port Charlotte Example ERUs Rate Northwest Port Charlotte Street And Drainage Unit - Occupied 2,291 $218 Northwest Port Charlotte Street And Drainage Unit - Vacant 15,121 $218 17,412 Equivalent Millage on Home 100,000 Taxable Value $1,640 150,000 Taxable Value $2,461 200,000 Taxable Value $3,281 6

Millage Rate Increases Revenue from Millage Rollback (Sheriff) FY11 $8,748,134 Revenue from Millage Rollback (Sheriff) FY12 $4,455,707 Revenue from Millage Increase (Lighting MSTU) FY16 $815,696 7

Major Revenues (FY13/14) Ad Valorem Tax $103,472,471 Water & Sewer Charges 55,471,101 Assessments 47,474,990 Local Sales Tax 19,990,058 State Revenue Sharing 16,098,452 Gasoline Tax 13,016,516 Franchise Fees 8,777,834 Ambulance Service Fees 7,108,664 Communication Services Tax 5,290,112 Landfill Fees 4,920,330 Tourist Development Tax 2,998,949 Interest Earnings 2,976,282 $287,595,759 8

Stormwater Assessments-MSBUs Stormwater Utility Units Unit # Units Rate Amount Mid-Charlotte Stormwater Greater Port Charlotte Basin - vacant* Acre 5,766 151.07 871,127 Greater Port Charlotte Basin - occupied* Acre 8,666 166.18 1,440,187 Mid-Charlotte Basin - vacant* Acre 7,952 93.80 745,904 Mid-Charlotte Basin - occupied* Acre 5,750 103.19 593,380 South Charlotte Stormwater - Non Agricultural Only - vacant* Acre 16,356 24.32 397,770 South Charlotte Stormwater - Non Agricultural Only - occupied* Acre 10,366 26.75 277,289 West Charlotte Stormwater - vacant* Acre 15,345 45.46 697,584 West Charlotte Stormwater - occupied* Acre 9,169 50.00 458,437 Total: 5,481,678 9

BCC Countywide Full Time Personnel Count 1,600 1,409 1,330 1,400 1,237 1,199 1,128 1,200 1,086 1,069 1,052 1,020 1,012 1,004 1,000 1,000 800 600 400 200 - FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 10

Employees/Thousand Population 14.0000 12.0000 10.0000 8.6175 8.0766 7.1261 7.7689 6.6884 6.3067 6.1277 6.3964 6.1276 6.1917 8.0000 6.0000 4.0000 5.6291 5.6570 5.4343 5.2837 5.2650 5.3013 5.2217 5.1249 5.1375 5.1051 2.0000 - 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Constitutional Offices BCC 11

Employees/Thousand Population Other County Comparison 9.00 8.00 7.00 6.00 5.00 4.00 3.00 2.00 1.00 - Charlotte Sarasota Lee Citrus Hernando Indian Martin River Total Population Unincorporated 12

Population – Charlotte County 180,000 160,000 140,000 120,000 100,000 80,000 60,000 40,000 20,000 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2011 2012 2013 2014 2015 13 Population 160,463 163,357 163,358 164,736 167,141 Annual Change 1.80% 0.00% 0.84% 1.46% Cumulative Change 1.80% 1.80% 2.66% 4.16%

Infrastructure Sales Tax 1994 2008 Public Safety $52,176,000 Transportation $32,683,118 1998 2014 Transportation $23,172,000 Transportation $32,327,000 Quality of Life 29,402,000 Quality of Life 44,875,989 Public Safety 4,450,000 Public Safety 29,553,264 Schools 2,174,823 $57,024,000 $108,931,076 2002 Transportation $43,489,793 Quality of Life 38,579,772 Total Amount Public Safety 10,040,489 $368,704,325 Schools 3,300,000 Economic Development 13,487,000 Water Issues 8,993,077 $117,890,131 14

2015 Sales Tax Extension Sidewalks 15

2015 Sales Tax Extension Streets & Roads 16

2015 Sales Tax Extension Public Safety 17

2015 Sales Tax Extension Parks 18

2015 Sales Tax Extension Facilities 19

Impact Fees Total Amount Fiscal Collected for Single FY15 Breakdown Year Family Homes 2011 $994,763.89 EMS $132 2012 543,965.68 Fire 1,425 617,848.78 2013 Library 1,468 864,515.01 2014 Parks 5,670 1,136,767.07 1,124,479 2015 Roads $4,157,860.43 Sheriff 1,220 Admin 2,373 $1,136,767.07 20

Impact Fees Single Family Adopted Full Fee Home 2015 Transportation $5,973 $2,389 Fire 470 189 94 37 EMS 776 310 Includes Community, Regional and Specialty parks Parks 159 64 Libraries 493 197 Includes correction facilities Law Enforcement 739 296 Public Buildings $8,704 $3,482 21

Questions? 22