TO: Mayor and City Commission
FROM: Samuel A. May, City Manager
DATE: February 7, 2018
Title
RESOLUTION - APPROVING INTERLOCAL AGREEMENT AMONG BROWARD COUNTY AND PARTICIPATING MUNICIPALITIES REGARDING DISTRIBUTION OF A SIX-CENT LOCAL OPTION GAS TAX ON EVERY GALLON OF MOTOR FUEL AND SPECIAL FUEL SOLD IN BROWARD COUNTY; PROVIDING FOR AGREEMENT TERM FROM SEPTEMBER 1, 2018 THROUGH DECEMBER 31, 2047; PROVIDING FOR AN EFFECTIVE DATE.
BACKGROUND: Section 336.025, Florida Statutes, as amended, authorizes the County to establish a six-cent ($0.06) local option gas tax on every gallon of motor fuel and special fuel sold in the County and taxed under the provisions of Chapter 206, Florida Statutes, for a period not to exceed thirty (30) years, to be used solely for “transportation expenditures” as defined in Section 336.025(7), Florida Statutes, with distribution of the proceeds determined pursuant to an interlocal agreement between the County and the eligible municipalities representing a majority of the population of the incorporated area within the County. The current agreement expires August 31, 2018. This Agreement reestablishes, reimposes, and relevies the six-cent local option gas tax for a term of September 1, 2018 through December 31, 2047.
RECOMMENDATION: For approval.
FISCAL IMPACT: The share of proceeds to the municipalities will be based upon the annual Bureau of Economics and Business Research (BEBR) population figures as of April 1st of each year. The City of Margate is anticipated to receive 1.169220% of the distribution in 2019 based upon a population of 57,961.
CONTACT PERSON: Samuel A. May, City Manager