Staff reviews millage history, FEMA funding share and district reserves ahead of resolution

District staff reviewed the Beach Protection District's revenue history, FEMA participation in project funding and the district's current reserve balance at the Sept. 17 meeting.

Mister Dubcek summarized a 20-year table of millage rates and collections, saying the 20-year average was "just over 1.1 mills" and that the commission planned to move "under 1 mill" for the coming action. He noted average annual collections around $2.5 million over the 20 years and described FEMA disaster recovery funds as covering most project cost shares; the speaker said those recovery funds "start at 75%... and another 12 and 0.5 percent from the state as part of the FEMA prog project," a phrasing the transcript records as spoken.

Staff reported the district's reserve balance as "around $29,500,000" and cautioned that the last major project cost more than that amount. Commissioners asked about the fiscal-year special assessment referenced in historical records; staff said that assessment covered a prior project's shortfall and that the town has not needed a special assessment since then.

Resolution 957—introduced at the meeting to adopt the final Beach Protection District fund millage—was raised for discussion in the session but a recorded vote on that resolution does not appear in the provided transcript excerpt.