Brevard County Board of County Commissioners - File #: 5942

• File #: 5942
• Type: Consent
• Status: Adopted
• File created: 7/10/2023
• In control: Planning and Development
• On agenda: 8/8/2023
• Final action: 8/8/2023
• Title: Approval RE: Disbursement of Educational Facilities Impact Fees (Districts 1-5)

Date	Action By	Action	Result
8/8/2023	Brevard County Board of County Commissioners	approved	Pass

Subject:

Title

Approval RE: Disbursement of Educational Facilities Impact Fees (Districts 1-5)

End

Fiscal Impact:

Fiscal Year 2022-2023 Disbursements to the School Board are currently budgeted at $22,867,222, contingent on the actual collection amounts. This disbursement would allow for $8,520,914.84 to be disbursed to the School Board.

Dept/Office:

Planning and Development

Requested Action:

Recommendation

It is requested that the Board of County Commissioners authorize the disbursement of Educational Facilities Impact Fees in the amount of $8,520,914.84 to the School Board of Brevard County in accordance with the terms of the interlocal agreement and authorize the Budget Office to execute necessary Budget Change Requests to implement this disbursement.

End

Summary Explanation and Background:

On July 10^th,2023 the Impact Fee Advisory Committees for the North and South Educational Facilities Impact Fee Benefit Districts met and adopted project funding recommendations for consideration by the School Board. The Impact Fee Advisory Committees consist of one representative from each of the following: the Brevard County School Board, Brevard County and each municipality within the Benefit District that has entered into an interlocal agreement with the County to participate in the Educational Facilities Impact Fee Program.

The School Board approved the funding recommendations on July 27^th,2023 to include the below projects -

Central Area Secondary - $6,373,149.55

Debt - $2,147,765.29

Clerk to the Board Instructions: