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Board adopts amended drainage assessment and approves multiple fiscal resolutions
Summary
Supervisors reduced the assessment rate for one drainage district after minimum‑charge effects raised the fund balance, and they approved budget and interfund loan resolutions for the coming fiscal year.
The Osceola County Board of Supervisors on June 24 approved an amended drainage assessment for Drainage Ditch 39 and adopted several fiscal resolutions for the next fiscal year, including an interfund loan to support the ambulance/EMS fund.
County staff said a state law requiring a $5 minimum assessment on parcels caused the projected fund balance for Ditch 39 to exceed the board’s target when the assessment percentage was set at 2.5 percent. To restore the fund to the board’s intended balance,…
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