TO: Honorable Mayor & Members of the North Port Commission
FROM: A. Jerome Fletcher II, ICMA-CM, MPA, City Manager
TITLE: An Ordinance of the City of North Port, Florida; Amending the Non-District Budget for Fiscal Year 2025-2026 for Increased Impact Fee Reimbursement and Increased Tax Collector Fees in the Amount of $352,121; Providing for Findings; Providing for Posting; Providing for Conflicts; Providing for Severability; and Providing an Effective Date.
Recommended Action First Reading
Option 1: Approve Ordinance No. 2026-36 as presented and move to second reading on November 17, 2026.
City Commission Options First Reading
Option 1: Approve Ordinance No. 2026-36 as presented and move to second reading on November 17, 2026.
Pros: Ensures compliance with Florida Statutes Section 166.241(9) by adopting the final Fiscal Year 2026 budget amendment within the required 60-day post-fiscal-year period. Prevents the Tax Collector Fee account in Fund 205 from remaining overspent if the anticipated refund arrives at an amount lower than expected. Aligns expenditure budgets with actual Fiscal Year 2026 transactions, including required adjustments for the Transportation Impact Fee Reimbursement Agreement. Supports transparent and accurate financial reporting by correcting budget variances before year-end closeout. Avoids operational or audit concerns that could arise from leaving overspent accounts unaddressed.
Cons: Increases the formal budget authority for Fiscal Year 2026, which may be perceived as expanding expenditures even though changes reflect actual activity. If the Tax Collector refund ultimately exceeds expectations, the amendment may prove larger than necessary.
Option 2: Deny Ordinance No. 2026-36 as presented.
Pros: There are no foreseeable operational or statutory advantages to denying the Ordinance.
Cons: Creates risk of noncompliance with Florida Statutes Section 166.241(9) if overspent accounts are not corrected within the required 60-day win...
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