1. Charlotte County Beach Funding Plan
FUNDING WORKSHOP 4
Tringali Park & Recreation Center
July 27 & 29, 2017
PETER A. RAVELLA, PRINCIPAL
PAR CONSULTING, LLC

2. I. Introduction

3. Charlotte County Funding Workshop Attendance
In-Person
Online
Workshop 1 – October 10 & 11 31
Workshop 2 – December 1 & 3 96 20
Workshop 3 – January 19 & 21
104 21
Workshop 4 – July 27 & 29
TBD
Total
231 41

4. Welcome to Our Online Folks
We have about 30 people on-line
Online comments or questions can be submitted to us through the web portal. Lillian Johnson is online to help.
During the discussion, we will do our best to repeat questions and comments for those online.

5. How You Can Participate
Attend the workshops and follow along on
View workshop presentations
Ask questions on the website
Call Us: Peter: Lilli: Tyler:
us – see the website for contacts

6. II. County Erosion Control Program

7. County Shoreline Program
A Comprehensive Effort to Manage and Maintain the County’s Beach and Shoreline Assets
Three Components:
Manasota Key Beach Nourishment
Stump Pass Management & Maintenance
Don Pedro – Knight Island Beach Nourishment

8. Stump Pass Project Dredging Terminal Groin (North side of Pass)
Four-year dredging cycle
Remove about 200,000 cubic yards per cycle
Place sand north & south of the pass
Beginning 2017
Terminal Groin (North side of Pass)
One-time project cost
Eligible for State Cost Share at 39%

9. Don Pedro-Knight Island Project
South Beach Fill
Nourishment every 8 years
About 260,000 cubic yards of sand
Off-shore sand source
Integrated with and part of the Manasota Key Beach Nourishment Program
Augmented by sand from Stump Pass Dredging
Eligible for State Cost Share at 39%

10. Manasota Key Project Initial Beach Nourishment Beach Renourishment
Place 570,000 cubic yards of sand
One-Time hardbottom mitigation
Off-shore sand source
Integrated with and part of the DP-KI Beach Nourishment Program
Beach Renourishment
Every 8 years
About 428,000 cubic yards of sand
Eligible for State Cost Share at 39%

11. III. Estimated Project Costs over 30 Years

12. 30 Year Stump Pass Management Cost
Costs are Conceptual Estimates and are under Refinement

13. 30 Year Stump Pass Management Cost

14. 30 Year Manasota Key Project Cost
Costs are Conceptual Estimates and are under Refinement

15. 30 Year Manasota Key Project Cost

16. 30 Year Don Pedro-Knight Project Cost
Costs are Conceptual Estimates and are under Refinement

17. 30 Year Don Pedro Knight Project Cost

19. IV. Proposed Funding Recommendation

20. Our Objective
Develop a stable, financial foundation to support the Charlotte County Erosion Control Program
Manasota Key Beach Nourishment
Stump Pass Management & Maintenance
Don Pedro-Knight Island Beach Nourishment
Engage the community
Develop a recommendation to the county

21. Recommended Funding Strategy
Secure 39% State Contribution
Commit $1.65 million/year in County-Wide Matching Funds
Maintain Existing West County MSTU Unchanged
Establish new Don Pedro-Knight Island MSBU for DP-KI Nourishment to raise $500,000/year
Establish new Manasota Key MSBU for MK Nourishment to raise $1.15M/year

22. Stump Pass Funding – No Change
Integrated Shoreline Management MSTU, Ordinance No (hereinafter the West County MSTU)
Keep the West County MSTU as is
No Change in MSTU Boundary
No Change in MSTU ad valorem tax rate of$19.78/$100,000 value
No Change in Use of Funds – dedicated to Stump Pass

23. Beach Nourishment Funding
County-wide funds will provide dollar-for- dollar match for new MSBU revenue on Manasota Key and Don Pedro-Knight Island
New MSBU Revenue/Yr
County Matching Funds/Yr
Total Funding
Don Pedro-Knight Island
$500,000
$1 Million/year
Manasota Key
$1.15 Million
$2.3 Million/year

24. Overall Proposed Local Funding Plan Schematic
State Share of 39% is Not Shown.
County-Wide Matching Funds are Used to Match New MSBU Revenue

25. Overall Funding Contributions State and Local Sources
Revenue Source
Percent of All Funds
State of Florida
39%
County-Wide Matching Funds
24%
New Manasota Key MSBU
17%
New Don Pedro-Knight Island 7%
Existing West County MSTU
13%
Total
100%

26. Local Funding Contributions Expected Revenues and Percent
Local Fund Source
Annual Contribution
Percent of Local Funds
County-Wide Matching Funds
$1,650,000
39%
New Manasota Key MSBU
$1,115,000
27%
New Don Pedro-Knight MSBU
$ 500,000
12%
Existing West County MSTU
$ 900,000
21%
Total
100%

27. County Matching Revenue

28. V. New MSBUs – Basic Framework
Manasota Key MSBU
And
Don Pedro-Knight Island MSBU

29. MSBU Funding Model Concept
Would apply to
New Manasota Key MSBU
New Don Pedro- Knight Island MSBU
All island properties would be included
Beachfront Assessment Factors
Length of Beach (1 point for every 10 feet)
Lot Size (1point for every 0.1 acres)
Number of Dwelling Units (1 point per unit)
Off Beach Parcels Contribute A Pro Rata Share

32. MSBU Revenues for Beach Nourishment: MK and DP-KI
New MSBU Revenue/Yr
County Matching Funds/Yr
Total LOCAL Funding
Don Pedro-Knight Island
$500,000
$1 Million/year
Manasota Key
$1.15 Million
$2.3 Million/year

33. MSBU Benefits and Allocation
Total
Annual MSBU Revenue
Beachfront Allocation for Storm Damage Reduction
(60%)
Based on Points
All Property Allocation for Recreational Opportunity
(40%)
Pro rata Shares
Don Pedro- Knight MSBU
$500,000
$300,000
$200,000
Manasota Key MSBU
$1,150,000
$690,000
$460,000

34. Preliminary Assessment Average
Includes SDR Assessment on Beachfront Plus the Recreational Opportunity Assessment
Estimated Off-Beach Assessment:
Manasota Key - $215/yr DP-KI - $165/yr
(Plus or minus $25)
Off-Beach Commercial Properties will Pay More than Off-Beach Residential properties

35. Preliminary Assessment Average
Includes SDR Assessment on Beachfront Plus the Recreational Opportunity Assessment
Estimated Off-Beach Assessment:
Manasota Key - $215/yr DP-KI - $165/yr
(Plus or minus $25)
Off-Beach Commercial Properties will Pay More than Off-Beach Residential properties

36. Pending MSBU Refinements
Complete analysis of commercial properties within each MSBU (20 on MK, 3 on DP-KI)
Complete analysis of common area properties within each MSBU
Update and verify project and implementation costs
Verify pro rata share for Recreational Opportunity Benefit

37. Next Steps – Over 60 Days Accept public input on the new funding plan
PARC to release MSBU assessment spreadsheets for Manasota Key and Don Pedro Knight Island in August
Accept public input of MSBU assessment spreadsheets & revise as warranted
Prepare PARC final report to County for consideration

38. Your Input Matters: Follow the County Beach Funding Process and Plan

39. Open Discussion
PARC