Agenda Item #33
Transfer and Use of Educational Impact Fees
A meeting of the Educational Facilities Impact Fee Benefit District Advisory Committees was held on September 19, 2013 as required by Section 2.5 of the Interlocal Agreement between Brevard County, Florida and the District School Board of Brevard County, Florida, Providing for Funding of New or Expanded Public Educational Facilities with Educational Facilities Impact Fees.
Transfers of Previously Allocated Impact Fees
Use of Currently Available Impact Fees
Approve the recommendations made by the Educational Facilities Impact Fee Benefit District Advisory Committees for the transfer of previously allocated Impact Fees in the amount of $4,550,666.56 and the use of available Impact Fees collected from July 1, 2011 to April 30, 2013 in the amount of $8,300,400.09.
Authorize the Superintendent to request the disbursement of the available Impact Fees collected from July 1, 2011 to April 30, 2013 from Brevard County to the School Board.
Consent w/o Information - 9/24/2013
Authority for Action
Involves Expenditure of Funds Directly in the Classroom
Source of Funding
Agenda Item will not Require the Expenditure of Funds
Dane Theodore, Assistant Superintendent, Facilities Services 633-1000 x450
Attachment: Meeting #9 Minutes.pdf
Attachment: Meeting Handout Package.pdf