Subject:
Title
Approval Re: Disbursement of Educational Impact Fees (Districts 1-5)
End
Fiscal Impact:
Fiscal Year 2024-2025 Disbursement to Brevard County School Board are currently budgeted at $22,840,972, contingent on actual collection amounts. If approved, $4,778,940.95 will be distributed to Brevard County School Board.
Dept/Office:
Planning & Development/Budget Office
Requested Action:
Recommendation
It is requested that the Board of County Commissioners authorize the disbursement of Educational Impact Fees in the amount of $4,778,940.95 to Brevard County School Board in accordance with the interlocal agreement and authorize the Budget Office to execute necessary Budget Change Requests to implement this disbursement.
End
Summary Explanation and Background:
On April 7, 2025, the Impact Fee Advisory Committee for the North and South Educational Facilities Impact Fee Benefit District met and unanimously voted to adopt project funding recommendations by the School Board Advisory Committee, which consists of one representative from each of the following: the Brevard County School Board, Brevard County Board of County Commissioners, and each municipality within the benefit district that has entered into the interlocal agreement to participate in the Educational Facilities Impact Fee Program. The Brevard County School Board approved the funding recommendations on April 22, 2025, to include the following projects:
• South Benefit District: $3,952,566.63 for South Area Capacity
• North Benefit District: $826,374.32 for Separate Day School
Clerk to the Board Instructions: