TO: Honorable Mayor & Members of the North Port Commission
FROM: Peter D. Lear, CPA, CGMA, City Manager
TITLE: Discuss funding options for the Dallas White Park Conceptual Site and Design Master Plan including updated information for Surtax.
Recommended Action
Discuss funding options for the Dallas White Park Conceptual Site and Design Master Plan including updated funding information for Surtax.
Background Information
At the July 24, 2018 Commission meeting, staff was directed to bring back options to fund a conceptual site and design master plan for Dallas White Park. The Plan will provide only conceptual plans of proposed facilities, layout and amenities on site. Once this plan is completed and presented to Commission, staff will receive direction on how to proceed with the development of the park.
The Finance Department was asked to bring back funding options for the Conceptual Site and Design Master Plan. Staff estimates the cost of the plan to be $125,000. Following is the options available for funding the Conceptual Site and Design Master Plan.
1) Utilize savings in the FY 2018 General Fund Adopted Budget, specifically from the $200,000 scheduled for the Hospital Initiative that did not move forward in fiscal year 2018.
2) Include the Conceptual Site and Design Master Plan in the FY 2019 General Fund Budget.
3) Utilize Surtax funding in the fiscal year 2019 budget to move forward with the master plan.
The attached update of 2018 Surtax available funding is included to facilitate this discussion.
Strategic Plan
Financially responsible City providing quality municipal services.
Financial Impact
N/A
Procurement
N/A
Attachments:
1. Presentation of Funding Options
2. 2018 Surtax Funding Update
Prepared by: Charlina L. Lowrie, CGFO, Finance Director
Department Director: Charlina L. Lowrie, CGFO, Finance Director