§ 102-206. Distribution of Surtax Proceeds (2015 Penny for Pasco).
(a)
The surtax proceeds shall be distributed by the Florida Department of Revenue (Department) on a monthly basis pursuant to a formula which shall provide that the surtax proceeds shall be divided between the school district (45%), the county (45%) and the municipalities (collectively 10%). In accordance with F.S. § 212.055(2)(c), the surtax proceeds shall be divided among and distributed on a monthly basis by the department to the county, the municipalities, and the district in the following percentages which shall also be set forth in the interlocal agreement, as may be amended:
Recipient Share of Proceeds Pasco County 45.00% City of Dade City 1.62% City of New Port Richey 3.74% City of Port Richey .67% City of San Antonio .29% City of St. Leo .34% City of Zephyrhills 3.34% Pasco District School Board 45.00% (b)
The distribution percentages listed in subsection (a) above shall remain in effect from January 1, 2015 through December 31, 2024. However, subsequent to November 6, 2012, and throughout the duration of the levy of the surtax, the parties to the interlocal agreement, who are existing municipalities, may meet and each agree in writing to a redistribution of the ten percent of the surtax proceeds. In such an event this ordinance and the interlocal agreement shall be amended to reflect said revision to the distribution of the municipalities' portion of the ten percent. Should the municipalities fail to notify the county of any change to the distribution on or before July 1 of the year preceding the effective year of the redistribution, the distribution percentages shall remain unchanged. Prior to its effectiveness, written notice of any change to the distribution shall be given by the county to the Department as required by F.S. § 212.055(2).
(Ord. No. 12-16, § 3, 7-10-12)