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FL H1025
Bill
Status
Passed
7/2/2024
Primary Sponsor
Cyndi Stevenson
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AI Summary
- Replaces the previous two consecutive 4-year term limit for District Trustees with a 12-year total service limit, after which a Trustee may not appear on the ballot for reelection; Trustees currently serving unexpired terms may complete those terms
- Requires voter approval for individual capital project expenditures exceeding $150,000 or 25 percent of the district's current annual budgeted expenses, whichever is greater, replacing the previous flat $150,000 threshold
- Removes the provision that a simple majority of voters participating in the Board-chosen approval method is sufficient to authorize expenditures over $150,000, now requiring a voting majority of all qualified voters in the district
- Increases the contingency reserve cap from a flat $200,000 to $200,000 or 25 percent of the district's current annual budgeted expenses, whichever is greater; any excess must be used to reduce the following year's ad valorem tax levy
- Takes effect October 1, 2024
Legislative Description
Municipal Service District of Ponte Vedra Beach, St. Johns County
Last Action
Chapter No. 2024-290
7/2/2024
Committee Referrals
State Affairs1/19/2024
Local Administration, Federal Affairs & Special Districts Subcommittee1/8/2024
Full Bill Text
No bill text available