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Item E04 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: MARCH 22, 2001 Division: TDC Bulk Item: Yes XXX No Department: N/A AGENDA ITEM WORDING: Approval of policy reflecting Florida Statute 125.0104 5(a)(4) wherein each district shall not exceed 100/0 funding of beach and beach park facilities based on the district's three penny bed tax revenue from the previous fiscal year. ITEM BACKGROUND: TDC approved Agreement at their meeting of February 14, 2001 as per attached. PREVIOUS RELEVANT BOCC ACTION: BOCC approved FY 2001 budget at their meeting of September 21,2000. STAFF RECOMMENDATION: Approval TOTAL COST:_$ BUDGETED: YES COST TO COUNTY: JS !TOURIST PAY APPROVED BY: County Attorney _OMB/Purchasing_Risk Management DIVISION APPROVAL: ~//77Zt:;;!T~ , Lynda M. Stuart (Type/print name) DOCUMENTATION: Included: X To Follow: _Not Required_ Agenda Item #~ TH[ [LQRIDA KHS &KHW[ST ComE a~ you. au'" MEMORANDUM DATE: February 23,2001 TO: \ ~ hROM: ! RE: Monroe County Board of County Commissioners Harold Wheeler, rDC Marketing Director District Expenditures For Beach and Beach Park Facilities The State Statute Enabling Act states that in counties of less than 100,000 population, no more than ten (10) percent of the revenues from the tourist development tax in that annual year may be used for beach and beach park facilities improvements. Some districts have reached the ceiling. The rDC at their meeting of February 14, 2001 moved to approve that each district shall not exceed 10%, funding of beach and beach park facilities based on the district's three penny bed tax revenue from the previous fiscal year. The rDC requests that the Board of County Commissioners approve same. P.O. Box 866, Key West, Florida 33041 U.S.A. (305) 296-1552 Fax: (305) 296-0788 http://www.fla-keys.comKeysSales@aol.com