TO: Mayor and Commission AGENDA DATE: 9/15/2025
FROM: City Manager AGENDA ITEM: 8 - B
SUBJECT:
Title
Resolution No. 2025-135 - Reaffirming the Established Annual Assessment Rates for Stormwater, Streetlighting, Lake McGarity and Nuisance Abatement as set on July 21, 2025 by Resolution Fiscal Year 2025-26
Body
LOCATION:
Citywide
COST:
Not Applicable
SOURCE OF FUNDS:
Not Applicable
ORIGINATING DEPARTMENT:
Finance
POTENTIAL MOTION:
Recommendation
"I move to adopt Resolution No. 2025-135."
END
BACKGROUND:
Background
The City Commission by Resolution set the Maximum Assessment Rates for Stormwater, Streetlighting, Lake McGarity and Nuisance Abatement as set on July 21, 2025. Staff reaffirm that these rates remain the same as the following resolutions.
1. Resolution No. 2025-79 - Establishing the Maximum Stormwater Annual Assessment.
The Stormwater Utility System is funded by fees levied to the property owners to fund operation and capital needs. The current rate of $170 was adopted last year as part of a five-year phase to support the Stormwater Utility System for operating and capital projects.
The attached Resolution only establishes the stormwater annual assessment of $190.00 per equivalent residential unit for FY2025/2026 per F.S. 197.3632.
The future increases are scheduled per Gov Rates as follows:
* Fiscal Year 2026 - 2027 - $210.00
* Fiscal Year 2027 - 2028 - $230.00
* Fiscal Year 2028 - 2029 - $250.00
These increases are necessary to fund the operations, debt service, capital outlay and capital improvements program of the stormwater conveyance system.
2. Reaffirming Resolution No. 2025-81 - Establishing the Maximum Streetlighting Annual Assessment.
The Streetlighting Services System is based on operational and capital needs and is funded by fees levied to the property owners in the City.
Section 54-253 of the Code of Ordinances requires that the City Commission adopt an Annual Rate Resolution during th...
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