A SPECIAL JOINT MEETING OF THE BOARD OF COUNTY COMMISSIONERS

THE LAKE COUNTY SCHOOL BOARD AND LAKE COUNTY MUNICIPALITIES

APRIL 25, 2006

The Lake County Board of County Commissioners met in special session with the Lake County School Board and Lake County Municipalities on Tuesday, April 25, 2006, at 8:30 a.m., in the Board of County Commissioners’ Meeting Room, Lake County Administration Building, Tavares, Florida, for the semiannual report of the Sales Surtax Oversight Advisory Committee. Commissioners present at the meeting were: Catherine C. Hanson, Chairman; Jennifer Hill; Debbie Stivender; and Robert A. Pool. Commissioner Welton G. Cadwell, Vice Chairman, was not present. Others present for Lake County were: Sanford A. “Sandy” Minkoff, County Attorney; Cynthia W. “Cindy” Hall, County Manager; Wendy Taylor, Executive Office Manager, County Manager’s Office; Barbara Lehman, Chief Deputy Clerk, County Finance; and Judy McAuley, Deputy Clerk.

No members of the Lake County School Board were present.

Municipality representatives present were: Amy McLean, City of Mount Dora Utilities/Budget Analyst; Michael Quinn, City of Mount Dora City Manager; and Jim Myers, Jr., City of Eustis Senior Director, Finance.

Sales Surtax Oversight Advisory Committee members present were: Barbara Lehman, Robbie Ross and Robert Speaks. Members not present: Martha Hartman, Shawn Hill, and Keith Mullins.

CALL TO ORDER

Commissioner Hanson called the meeting to order at 8:30 a.m. and introduced Mr. Robert Speaks, Chairman of the Sales Surtax Oversight Advisory Committee.

REPORT - SALES SURTAX OVERSIGHT ADVISORY COMMITTEE

Mr. Speaks referred to the handout (a copy is included in the backup material) and read from the Report, for the record, as follows:

REPORT OF THE EXPENDITURES AND REVENUES OF THE SALES SURTAX

INTRODUCTION

On November 6, 2001, Lake County citizens voted to extend the one-cent sales surtax for a second 15-year term. Florida Statutes 212.55 authorizes the levy of this tax and specifies its use. The following uses are authorized by the statute:

• The proceeds of the tax may be used to finance, plan and construct infrastructure; to acquire public recreation or conservation or to protect natural resources; and to purchase fixed capital expenditures or fixed capital outlay associated with the construction or improvement of public facilities including land acquisition, land improvement, engineering costs and design. Equipment must have a useful life in excess of five years. Vehicles and equipment necessary to outfit certain vehicles are also authorized. Proceeds may also be used for debt service for new bonds.

Ordinance 2001-130 established a Sales Surtax Oversight Advisory Committee with the duty of reviewing the expenditures of the sales tax and providing a semi-annual report to the Board of County Commissioners, the School Board, and the municipalities at a joint public meeting.

PROCESS

The Oversight Committee includes two members each, appointed by the Board of County Commissioners, the School Board, and the League of Cities, as well as representation of two Constitutional Officers.

The Oversight Committee met on April 10, 2006, to review the reports that had been submitted by the sales tax recipients. The reports contain revenues and expenditures for fiscal year 2005. Minutes of that meeting and the reports from the various entities are included in the attached document.

COMMENTS

A summary report of all entities’ total revenues and expenditures is included in this document. All individual reports reflect expenditure and revenue data for the fiscal year October 1, 2004, through September 30, 2005.

After review of the reports and a request for clarification of specific items identified in the minutes, the Sales Surtax Oversight Advisory Committee accepted all reports as meeting the guidelines of the sales surtax requirements. All requests for clarification have been received. Explanations of the specific item are included in the document. It should be noted that a report was not filed by Howey-in-the-Hills.

In concluding the report, Mr. Speaks advised that the next meeting of the Sales Tax Advisory Oversight Committee is scheduled to be Monday, September 18, 2006, at 9:00 am. at the Lake County Administration Building.

OTHER BUSINESS

In response to a question by Commissioner Stivender regarding committee member vacancies, Ms. Hall advised that there are three vacant positions now and those positions will be filled.

ADJOURNMENT

There being no further business to be brought to the attention of the Board, the meeting was adjourned at 8:37 a.m.

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CATHERINE C. HANSON, CHAIRMAN

ATTEST:

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JAMES C. WATKINS, CLERK