Agenda

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County Administrator's Report 10. 2.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	08/16/2018
Issue: Refunds Due to Certain Leaseholders on Pensacola Beach
From:	Amy Lovoy
Department:	Asst County Administrator
CAO Approval:

RECOMMENDATION:

Recommendation Concerning Refunds Due to Certain Leaseholders on Pensacola Beach - Amy Lovoy, Assistant County Administrator

That the Board authorize staff to release certain funds from the County's escrow for Pensacola Beach taxation lawsuits and turn them over to the Office of the Tax Collector, so they can make refund payments to certain leaseholders as settlements on the land taxation and valuation lawsuit(s) are made and approved by the Courts.

[Funding Source: Fund 001, General Fund, Cost Center 110201]

BACKGROUND:

The County has escrowed a total of $9,805,859 in taxes associated with lawsuits brought by leaseholders on Pensacola Beach. Certain cases regarding the ad valorem taxation of the land on Pensacola Beach have settled, and court approved refunds are beginning to come due and payable by the Tax Collector per Florida Statute 197.182.

BUDGETARY IMPACT:

This action will allow funds to be withdrawn from the County's escrow and given to the Tax Collector's office for refunds due to certain leaseholders on the Island.

LEGAL CONSIDERATIONS/SIGN-OFF:

N/A

PERSONNEL:

N/A

POLICY/REQUIREMENT FOR BOARD ACTION:

N/A

IMPLEMENTATION/COORDINATION:

Staff will coordinate these payments with the Tax Collector's Office.

Attachments
No file(s) attached.