TO: Honorable Mayor & Members of the North Port Commission
FROM: A. Jerome Fletcher II, ICMA-CM, MPA, City Manager
TITLE: Approve the Interlocal Agreement Regarding Distribution Formula for Allocation of Revenue From Local Option Fuel Tax Levied Pursuant to Section 336.025(1)(a), Florida Statutes, Among Sarasota County and Municipalities Within Sarasota County for the 6-Cent Local Option Gas Tax.
Recommended Action
Approve Interlocal Agreement Regarding Distribution Formula for Allocation of Revenue From Local Option Fuel Tax Levied Pursuant to Section 336.025(1)(a), Florida Statutes, Among Sarasota County and Municipalities Within Sarasota County for the 6 Cent Local Option Gas Tax.
Background Information
Sarasota County currently levies a 6-cent per gallon local option gas tax, implemented by Sarasota County Ordinance 86-65, as amended by Ordinance 2011-069, reauthorized by Ordinance 2016-002, and an additional 5-cent per gallon local option gas tax, implemented by Sarasota County Ordinance No. 2000-029, as authorized by Florida Statute 336.025. Florida Statutes provide that the County may establish, by Interlocal Agreement with the municipality or municipalities located therein representing a majority of the incorporated area population within the County, a distribution formula for dividing the proceeds of the tax among the County and all eligible municipalities within, based on population figures to be reviewed annually.
Sarasota County has requested that the Interlocal Agreement, regarding the distribution formula for allocation of revenue from Local Option Fuel Tax, 6-cent per gallon, be included on the North Port City Commission agenda for their consideration and approval. Once the Interlocal Agreement is approved and signed by the Mayor, the Interlocal Agreement will be presented to the Sarasota Board of County Commissioners for their approval. After approval and signature, the original will be filed with the State Department of Revenue by Octo...
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