§ 98-76. Budget and levy of assessments.

1.

Fiscal Year and Budget. The fiscal year of the district shall commence on October 1 of each year and end on September 30 of the following year. The trustees shall, on or before April 1 of each year, prepare an annual financial statement of income and disbursements during the prior fiscal year. On or before July 1 of each year, the trustees shall prepare and adopt an itemized budget showing the amount of money necessary for the operation of the district for the next ensuing fiscal year, and the special assessment to be assessed and collected upon all improved residential parcels within the district for the next ensuing year. Such financial statement shall be published once during the month of April each year in a newspaper of general circulation within Brevard County. A copy of the statement and a copy of the budget shall also be furnished to each owner of an improved residential parcel within thirty (30) days after its preparation, and a copy made available for public inspection at the principal office of the district at reasonable hours.

2.

Assessments. The trustees shall, on or before July 30 of each year, by resolution, fix the amount of the assessment for the next ensuing year. These special assessments may be collected in the manner provided for ad valorem taxes under Chapter 197, Florida Statutes, subject to the conditions of Section 197.0126. Prior to the adoption of the resolution fixing the amount of the assessment, the trustees shall hold a public hearing, at which time qualified electors of the district may appear and be heard. Notice of the time and place of the public hearing shall be published in a newspaper of general circulation within Brevard County at least twenty-one (21) days prior to the public hearing. For purpose of determining the property subject to the district assessment an "improved residential parcel" means a platted lot on which a mobile home may be erected. The district assessment shall not be an ad valorem tax, but a special assessment assessed equally against all improved residential parcels. Each parcel of property in the district is hereby declared to be uniformly benefited by the services of the district.

3.

Lien of Assessment. The district assessment shall be a valid lien upon each improved residential parcel of land so assessed until the assessment has been paid and shall be considered a part of the county tax subject to the same penalties, charges, fees and remedies for enforcement and collection, as provided by the laws of the State of Florida for collection of such taxes.

(Ord. No. 84-05, § 1(art. VI), 2-23-84)