TO: Honorable Mayor & Members of the North Port Commission
FROM: Jason Yarborough, ICMA-CM, Interim City Manager
TITLE: Discussion and Possible Action Regarding Alternative Revenue Sources, Including Public Service Tax on Water Sales, Public Service Tax on Electricity, Public Service Tax on Gas Products, Payment in Lieu of Franchise Fees for Water and Sewer, Payment in Lieu of Franchise Fees for Solid Waste
Recommended Action
Provide direction related to Alternative Revenue Sources available to the City.
Background Information
The attached memo provides an overview of non-ad valorem revenue sources available to the City that are currently not fully utilized in terms of revenue generation. Also attached is a download of the Florida Department of Revenue (FDOR) Municipal Public Service Tax Database for Sarasota County.
Strategic Plan
Efficient and Effective Government
Financial Impact
N/A
Procurement
N/A
Attachments:
1. Memo to Interim City Manager
2. FDOR Municipal Public Service Tax Database
Prepared by: Kimberly Ferrell, Finance Director
Department Director: Kimberly Ferrell, Finance Director