Issue link: https://newsleader.uberflip.com/i/127088
Sarasota News Leader May 3, 2013 all the way out to 2035. A contemporary analysis by the county noted that while the report was "professionally prepared" and "adequate in its general approach, findings and conclusions," there were questions about the "validity of the data" in one particular table. Page 25 out that this will either cost the community or be fiscally neutral." Under 2050, Neal Communities will be required to submit another fiscal neutrality analysis "at their next phase of development," says Parsons. Uncertainties in earlier reports might "This table shows total impact fee revenues then be resolved. exactly equaling the capital expenditures 'AN ISSUE' for the respective services," the review staff wrote. "From real-world experience of our But the rule requiring phase-by-phase fiscal capital budget, our impact fee revenues are neutrality reports is one identified as an "isgenerally lower than our corresponding cap- sue" by developers hoping to alter 2050. ital expenditures, particularly when it comes The zoning code "should be amended to elimto roads." (Emphasis in the original.) inate having to revisit fiscal neutrality [for] evCommissioner Nora Patterson says any esti- ery phase of a development or on an annual or mates of future costs are "going to be ball- bi-annual basis," reads the recommendation park," but over the long run, it should "work from the developers. "This is because of the Commissioner Nora Patterson. Photo by Norman Schimmel