FL S1508

Increases maximum board size for special neighborhood improvement districts from 3 to 3, 5, or 7 members, with local planning ordinances to specify the number and provide for staggered terms instead of fixed 3-year terms.

Changes director qualification from "residents of" to "landowners in" the district subject to ad valorem taxation.

Creates the Safe Neighborhood Improvement District Revolving Loan Program administered by the Department of Legal Affairs to provide loans for crime prevention projects including environmental design, security, and defensible space techniques.

Requires safe neighborhood improvement districts to obtain voter approval by mail referendum before receiving revolving loans, with ballots including project descriptions, costs, and revenue sources.

Establishes service fees of 2-4 percent on loans, limits single district annual borrowing to 25 percent of available funds, and reserves 15 percent of funds for small districts; requires annual reporting to legislative appropriations committees.