TO: Honorable Mayor & Members of the North Port Commission
FROM: A. Jerome Fletcher II, ICMA-CM, MPA, City Manager
TITLE: A Resolution of the City Commission of the City of North Port, Florida as the Governing Body of the North Port Road and Drainage District, Establishing Not-to-Exceed Non-Ad Valorem Assessment Rates for the North Port Road and Drainage District for Fiscal Year 2025-2026; Incorporating Recitals; Providing for Conflicts; Providing for Severability; and Providing an Effective Date.
Recommended Action
Approve Resolution No. 2025-R-24 as presented.
Background Information
During the Road and Drainage District Governing Body Meeting held on March 30, 2023, the City Commission approved the Road and Drainage District Fiscal Year (FY) 2024 Non-Ad Valorem Assessment Methodology Report dated February 28, 2023. The Road and Drainage District FY 2024 Non-Ad Valorem Assessment Methodology Report included rate increases of 25% in FY 2024, and 15% increases for both FY 2025 and FY 2026.
The FY 2025-2026 proposed budget for the North Port Road and Drainage District includes the 15% increase to the current Non-Ad Valorem Assessment rates per the approved Methodology Report. The City of North Port will provide this information to the property owners through the Sarasota County TRIM (Truth in Millage) Notice; Notice of Proposed Taxes, and notification to newly assessed parcels will be mailed directly.
The FY 2025-2026 Maximum Assessment Rates Per Unit by Service Component are as follows:
|
|
Current Year Rates (FY25) |
Proposed Rates (FY26) |
|
|
Administrative Services |
$ 7.02 |
$ 8.07 |
Per Parcel |
|
Base Road Services |
$ 16.38 |
$ 18.83 |
Per Road Equivalent Unit |
|
Enhanced Road Services |
$ 63.85 |
$ 73.42 |
Per Road Equivalent Unit |
|
Primary Drainage (Drainage I) |
$ 41.63 |
$ 47.87 |
Per Drainage Units (acreage based) |
|
Secondary Drainage (Drainage II) |
$ 31.91 |
$ 36.69 |
Per Drainage Units (acreage based) |
|
Tertiary Drainage (Drainage III) |
$ 92.36 |
$ 106.21 |
Per Drainage Units (acreage based) |
Properties with Contractual Agreements for exemption, previously approved by the City Commission, will continue with those exemptions.
Resolution No. 2025-R-24 has been reviewed by the Interim City Attorney and is legally correct as to form.
Strategic Plan
Infrastructure and Facilities Integrity
Financial Impact
The North Port Road and Drainage District Not-to-Exceed Non-Ad Valorem Assessment rates will result in an anticipated revenue of $21,113,750.00.
Procurement
Not applicable.
Attachments:
1. Resolution
2. March 30, 2023 Road & Drainage District Meeting Notes
3. Approved Road and Drainage Methodology
Prepared by: Garrett Woods, Senior Business Manager
Department Director: Chuck Speake, Public Works Director