Sarasota News Leader

05/02/2014

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so far this fiscal year. The county had expected $14,180,018 for the first six months, but it collected $14,846,711. Nonetheless, the pro- jection for FY 2015 is for a 3-percent rise over this year's total. Just last month, during their capital projects workshop, commissioners bemoaned the lag in collections of the surtax revenue since the recession began. The only source of revenue below projec- tions for the first six months of the fiscal year, according to the staff presentation, is the Florida Power & Light (FPL) franchise fee. The company charges a 5.9-percent assessment on its sales of electrical energy in unincorporated areas of the county, collects the money and turns it over to the county. The budget projection at this point of the fiscal year was for $8,203,836; however, the county has collected $8,158,421, or 0.6 percent less than predicted. County staff is calling for an overall drop in that revenue of 1.1 percent in FY 2015. Altogether, the chart shows, staff had esti- mated income of $29,203,166 for the first six months of the fiscal year for revenue from the half-cent sales tax, the FPL franchise fees, the Communications Services Tax and state revenue sharing. Instead, it has collected 3.4 percent more for a total of $30,189,520. The total for the Infrastructure Surtax, gas taxes and the TDT revenue streams is $29,252,480 for the first six months, a 6.8-per- cent hike over the projected amount of $27,400,967. % • Gene Burgess and Melonie Burgess, licensed acupuncture physicians • Serving Sarasota since 2008 • Treatment rates are on a sliding scale, from $15-$35; new patients pay a one-time additional fee of $10 AFFORDABLE ACUPUNCTURE FOR EVERYONE 3615 Webber St • Sarasota, FL 34232 (941) 922-4611 SarasotaCommunityAcupuncture.com Open Tuesday through Saturday Our Mission To provide our community with high quality and affordable acupuncture and herbal medicine and to create a treatment space that connects people and builds community. Click for larger map and driving directions Click To Schedule An Appointment Online MENTION THIS AD TO RECEIVE $5 OFF THE NEW PATIENT FEE Sarasota News Leader May 2, 2014 Page 55

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