FISCAL IMPACT. The fiscal impact is $2,600,000.00. Funding is from Operations and Maintenance funds account code 301.521.210.5310009.000.100883 (subject to the Aviation Authority Board approval of the FY 2024 Aviation Authority budget).
FISCAL IMPACT. The fiscal impact is $20,000.00. Funding is from previously-approved Operation and Maintenance Funds.
FISCAL IMPACT. The fiscal impact is $5,675,389. Funding is from FDOT Grants to the extent eligible, Passenger Facility Charges to the extent eligible, Customer Facility Charges to the extent eligible, General Airport Revenue Bonds, and previously-approved Operations and Maintenance Funds.
FISCAL IMPACT. The fiscal impact is $1,266,750. Funding is from Operations and Maintenance Funds. Funding required in current and subsequent fiscal years will be allocated from the Operations and Maintenance Funds, as approved through the budget process and when funds become available.
FISCAL IMPACT. There is no fiscal impact for these addenda. Future addenda will be based on specific tasks of work as assigned with approved funding source.
FISCAL IMPACT. Fiscal impact is $2,323,210. Funding is from Florida Department of Transportation (FDOT) Grants to the extent eligible, Passenger Facility Charges to the extent eligible, and General Airport Revenue Bonds.
FISCAL IMPACT. The General Fund impact of the Salary Reopener Tentative Agreements and amendments to EAA-represented MOUs will be a total of approximately $19MM in FY2022-23 and $26.5MM FY2023-24. This General Fund impact combines the cost of administering the terms of the Salary Reopener Agreement for EAA unit members, as well as non-represented classifications. MWS:MCB:PAG:SAO:0722137 REVISED
FISCAL IMPACT. The proposed arrangement is an annual retainer style agreement, for a total cost of $21,600. Unused hours can be applied to additional projects or future contract years with Enhanced Networks, Inc. Staff Recommendation Staff recommends the item be forwarded to the Committee of the Whole on May 17, 2022, for consideration. Attachments • Village Xxxx, XX, & PW Support Agreement Village of Itasca | 000 X. Xxxxxx Park Road, Itasca, IL 60143 | 630.773.0835 Support Service Agreement Customer: Village of Itasca Public Works SCADA IT Network Enhanced Networks Inc. Project: 0791760 This agreement is made this , 2022 by and between Enhanced Networks, Inc. and Village of Itasca (“Customer”). By Accepting this agreement and subject to the terms and conditions of this Agreement, Enhanced Networks Inc. agrees to provide support services based on the services indicated below and in connection with Attachment A (Service Definitions), Attachment B (Service Definitions), Attachment C (Hourly Rates Discounted Column), Attachment D (Renewals), and Attachment E (Terms and Conditions) Time Period and Payment Start Date: May 1, 2022 End Date: April 30, 2023 This retainer style agreement is for nine months starting May 1, 2022 ending April 30, 2023. This is an annual agreement where the Village of Itasca utilizes the sole IT services of Enhanced Networks, Inc. and is billed based upon the agreed discounted hourly rate structure (Attachement B). If the Village of Itasca utilizes IT services outside of Enhanced Networks, Inc. the standard hourly rate structure (Attachement B) will apply. Xxxx Xxxxxx or Xxx Xxxxxxxx from Public Works will be the Village of Itasca contacts. All work performed for the Village of Itasca will be directed by these contacts. Site contacts are needed to keep labor tasks reduced as well as managed from the Village perspective. Any staff member other than one of the contacts listed above will need approval before Enhanced Networks, Inc. can proceed. This agreement is in the amount of $21,600.00. Payments to be made in monthly installments of $1,800.00 upon being invoiced. Invoices will be sent monthly for the term of this contract. All labor will be tracked and billed accordingly to the service definition outlined in Attachment A and B. After each month a labor detail and invoice will be sent to a site contact which will describe (with comments) all work performed during the previous month. Enhanced Networks, Inc. will not charge travel mileage expenses to t...
FISCAL IMPACT. The bill will decrease State revenue by extending the tax credits formerly available only to land owners enrolled in an FDRA to land owners who are enrolled in a purchase of development rights or an agricultural conservation easement. The bill will increase the cost of the farmland preservation tax credit, and therefore reduce net income tax revenue, by expanding the tax credit to land owners who transfer from an FDRA to a purchase of development rights or an agricultural conservation easement. According to Department of Treasury data, the average tax credit under the FDRA program in 2000 was $2,479. This figure is expected to increase in 2001 as a result of Public Act (PA) 421 of 2000, which decreased, from 7% to 3.5%, the income threshold for a land owner to participate in an FDRA. This increase in the tax credit due to PA 421 will result from two factors: 1) Taxpayers already receiving a credit, will experience an increase in the amount of their credit, and 2) some taxpayers who did not qualify for the credit will be eligible under the lower household income threshold. Factoring in the estimated impacts of the changes from PA 421, the estimated average tax credit will increase to $4,000. The Department of Agriculture received over 300 applications for development rights purchases and 12 were selected for funding in 2001. A total of $5 million was available. Using these figures and the estimated 2001 average tax credit of $4,000, the bill will result in a total loss of revenue of $48,000 to $56,000. The actual impact will be based on the household income and property taxes of the land owners selected for the purchase of development rights. Future impacts will be contingent on the number of PDR applications selected for funding and the associated household income and property tax levels. It is estimated that almost all of this loss in revenue will affect General Fund/General Purpose revenue. In addition to the General Fund/General Purpose revenue impact, the bill will decrease deposits to the Agricultural Preservation Fund by exempting land owners from the repayment requirements when they transfer their property from an FDRA to a purchase of development rights. Based upon the 12 purchases of development rights selected in 2001, the impact on the Agricultural Preservation Fund will be a loss of revenue of nearly $200,000, excluding any interest payments for early termination of an FDRA. Again, the future impact will be contingent on the number of PDR appli...
FISCAL IMPACT. With the completion of the roadway pavement, the city should not expect any repair costs for years to come. Annual street sweeping, snow plowing, mowing, and street striping maintenance costs will be incurred.
