Item Coversheet
      

5919 MAIN STREET .  NEW PORT RICHEY, FL 34652 . 727.853.1016


TO:City of New Port Richey City Council
FROM:Crystal S. Feast, Finance Director
DATE:7/18/2017
RE:Resolution No. 2017-21 & No. 2017-22, Initial Assessment Resolutions - Stormwater Utility & Street Lighting

REQUEST:

The City Council is being asked to separately approve Resolution No. 2017-21, Stormwater Service Assessment – Initial Assessment Resolution, and Resolution No. 2017-22, Street Lighting Service Assessment – Initial Assessment Resolution.



DISCUSSION
:

The City Council established a Stormwater Utility Assessment and Street Lighting Assessment in September 2001 and 2003, respectively.  The City has found that the use of a non-ad valorem assessment is the most equitable method of providing the necessary funding for providing street lighting services within the City and improvements and extensions of the City’s stormwater utility system.

 

The rate studies used to support the current assessment rates for the Stormwater Utility Assessment and Street Lighting Assessment were approved by City Council on June 20, 2017.  The rate studies included a change in methodology for both assessments.  The assessments will now include undeveloped parcels, where before they did not.  The assessment rates have also been increased to $80.00/ERU and $38.71/ERU, respectively.  Because of these changes, new Initial Assessment Resolutions have been prepared for your approval.

 

Once approved, the next step in the assessment process is to hold a public hearing on each assessment and then present Final Resolutions for the Council's approval.



RECOMMENDATION:

The City Council is being asked to separately approve Resolution No. 2017-21, Stormwater Service Assessment – Initial Assessment Resolution, and Resolution No. 2017-22, Street Lighting Service Assessment – Initial Assessment Resolution.



BUDGET/FISCAL IMPACT:

Approval of the Initial Assessment Resolutions have no budget or fiscal impact.  Once the Final Resolutions are approved, the rates will be factored into next year’s operating budget for the Stormwater Utility Fund and Street Lighting Fund.
ATTACHMENTS:
DescriptionType
Resolution No. 2017-21, Initial Assessment Resolution - Stormwater UtilityResolution Letter
Resolution No. 2017-22, Initial Assessment Resolution - Street LightingResolution Letter