TO: Honorable Mayor & Members of the North Port Commission
FROM: A. Jerome Fletcher II, ICMA-CM, MPA, City Manager
TITLE: Discussion and Possible Direction Regarding Assessment Options for Funding the Solid Waste Transfer Station Completed by Stantec Consulting Services, Inc.
Recommended Action
Provide direction on assessment options for funding the Solid Waste Transfer Station prepared by Stantec Consulting Services, Inc.
City Commission Options
Option 1: Provide direction on the use of an acreage-based assessment.
* Pros: Allocates costs proportionally based on parcel size, ensuring that larger properties contribute more toward system needs.
* Cons: Larger parcels with limited development potential may be disproportionately impacted; results in a wider range of assessment amounts for vacant parcels.
Option 2: Provide direction on the use of a density-based (per-unit) assessment.
* Pros: Aligns costs with the number of units allowed or developed on each property; provides a tighter and more predictable range of assessments for vacant parcels.
* Cons: Smaller lots with higher density development may pay more, potentially impacting multifamily or high-density housing sites.
Option 3: Provide direction on the use of the baseline scenario (10% rate increase).
* Pros: Requires only a 10% rate increase to maintain current service levels for residential and commercial customers.
* Cons: Does not generate sufficient revenue to meet long-term financial needs, including fund balance requirements and construction of the transfer station in Fiscal Year 2027.
Option 4: Provide direction on the use of a one-time Fiscal Year 2027 transfer station assessment.
* Pros: Provides full funding for the transfer station in Fiscal Year 2027 while maintaining a 0% increase to the residential baseline rate; supports a pay-as-you-go approach to major capital costs.
* Cons: Creates a significant one-time assessment in Fiscal Year 2027, which may be more impactful to...
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