AGENDA ITEM REPORT
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A RESOLUTION RELATING TO THE FUNDING AND PROVISION OF FIRE RESCUE PROTECTION SERVICES, FACILITIES, AND PROGRAMS IN THE CITY OF COCONUT CREEK, FLORIDA; ESTABLISHING THE RATE OF ASSESSMENT FOR FISCAL YEAR 2024; IMPOSING FIRE PROTECTION SERVICES ASSESSMENT AGAINST ASSESSED PROPERTY LOCATED WITHIN THE CITY; AND APPROVING THE ASSESSMENT ROLL. (PUBLIC HEARING)
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BACKGROUND:
The Fire Rescue Protection Service Assessment Ordinance (Ordinance No. 2021-019) provides for an annual assessment against certain properties for fire rescue protection services, facilities, and programs.
DISCUSSION:
This resolution sets the fire assessment rates for the fiscal year beginning October 1, 2023, through September 30, 2024, to recover approximately ninety-eight percent (98%) of the cost of providing fire rescue protection services. It imposes the assessment against certain properties within the City of Coconut Creek and approves the assessment roll provided by the Broward County Property Appraiser's Office. A ten percent (10%) increase is proposed to partially cover the cost to provide fire rescue protection services and is supported by the Fiscal Year 2022 Fire Protection Non-Ad Valorem Assessment Study dated August 31, 2021. Please see Exhibit “A” for a listing of assessment rates by property type.
RECOMMENDATION:
Staff recommends approval of this resolution.
FISCAL IMPACT:
REVENUES: $11,580,460
EXPENDITURES: N/A
BUDGETED? Yes
NOTES: General Fund Revenue Account 01-V32511, Fire Special Assessment.