FY 2024 Adopted Fund Summary
Special Revenue Funds Continued
Special Revenue Funds
To account for the proceeds of specific revenue sources that are restricted or committed to expenditure for specified purposes other than debt service or capital projects.
Municipal Service Fund - Fund 2102
To account for various municipal services, including Planning and Development, Code Enforcement, Animal Services, and Enginerring Services, that are provided in the unincorporated areas of the County.
Pasco Housing Authority - Fund 2158
To account for any and all fees earned by the authority, which may only be used for low and moderate income housing activities.
Plantation Palms MSBU - Fund 2174
To account for non-ad valorem assessments based on an equivalent residential unit (ERU) of impervious service area. Funds are used to identify, design and construct drainage projects and maintain various drainage components. This fund is in accordance with Section 125.01(q r), Florida Statutes and County Ordinances (§ 18 43).
Project Arthur Tax Increment Financing - Fund 2177
To account for the tax increment financing revenues in the Project Arthur area. The tax increment revenue is earmarked for transportation capital improvements, reduction of any indebtedness for Project Arthur transportation capital improvements, Project Arthur transportation operation and maintenance expenses, or other public facilities or programs that benefit Project Arthur. This fund’s revenues are a subset of, and not in addition to, the Multi-Modal Tax Increment Fund.
Public Transportation - Fund 2141
To account for the provision of para-transit services and the undertaking of a non-urbanized area public transportation project consisting of operating assistance for the transportation system; to account for operating requirements related to an urban transportation demand response and the purchase of equipment; and to account for the completion of a locally adopted Transit Development program.
Quail Hollow Village MSBU - Fund 2118
To account for special assessments levied to finance services provided for the common area of the unit, created at the request of the residents. This fund is in accordance with Chapter 98 of the County Code of Ordinances (§ 03 41) adopted in December of 2003.
Rural Economic and Development Administration - Fund 2136
To account for the Federal grant funds for housing rehabilitation. These funds may only be used in the unincorporated area of the County east of Interstate 75.
School Impact Fees - Fund 2168
To account for impact fees charged to new construction activity. These fees assist in providing for additional schools to accommodate growth in the County.
Special Assessment - Fund 2114
To account for revenues received from paving assessments. Ordinance No. 85 06 was adopted May 7, 1985, and revised in February 1989, November 1990, June 1997, April 1999, and last revised by Ordinance No. 02 17. Ordinance No. 02 17 was adopted July 30, 2002, and is the document governing paving assessments. Local roads, primarily for access to abutting property of limited continuity and not for through traffic, are assessed 100% to the benefited property owners. The assessments may be paid in full upon substantial completion or in equal specified periods, together with interest for resurfacing, rehabilitation, or reconstruction, respectively. In prior years, a portion of the LOGT revenues were budgeted to supplement the receipts from the repayment of assessments for paving of residential streets. This has created a self sustaining revolving fund with receipts from previously completed projects funding initial costs for current projects.
State Housing Initiative Partnership - Fund 2157
To account for providing owner rehabilitation and low and moderate income down payment assistance for affordable housing. This fund is in accordance with Section 420.907, apart VII, Florida Statutes.
Stormwater Management - Fund 2193
Funded from a non ad valorem assessment, based upon an equivalent residential unit (ERU) of impervious surface area. The capital portion of the assessment is used to engineer and construct Stormwater Capital projects. In addition, funding is received through the Southwest Florida Water Management District's (SWFWMD) Cooperative Funding Program. Within the SWFWMD’s 16 County jurisdictional areas there are 8 basin boards. The boundaries are delineated along watersheds rather than political lines. Each of the basins has ad valorem taxing authority up to .5 mills. A major portion of the monies that are generated each year are dedicated to assisting local governments cooperatively fund water resource related projects that help implement the SWFWMD's mission, goals and strategic objectives. The Cooperative Funding Program has historically been a 50/50 cost share on projects approved by the basins.
Street Lighting Assessment - Fund 2701
To account for special assessments levied to finance street lighting services deemed to benefit the properties against which the assessments are levied. This fund is in accordance with Chapter 94, Article II of the County Code of Ordinances (§ 94 46) and Section 125.01, Florida Statutes.
Teen Court - Fund 2172
To account for additional court costs assessed to any person pleading guilty or nolo contendere to, or convicted of, regardless of adjudication, a violation of a State criminal statute or a County ordinance, or who pays a fine or civil penalty for any violation of Chapter 316, Florida Statutes. Any person whose adjudication is withheld pursuant to the provisions of Section 313.14(9) or (10), Florida Statutes, shall also be assessed such cost. Pursuant to Section 938.19, Florida Statutes, the Circuit and County court shall assess a sum of $3 in additional court costs, which may be used to provide services to an array of youth referred from law enforcement agencies, the State Attorney, the Sheriff, County Schools, and the court system. This was modified in the 2004 Legislative session to include a surcharge of up to $15 for any infraction or violation if passed by ordinance. The BCC passed this ordinance on June 8, 2004.
Timber Oaks MSBU - Fund 2197
To account for non-ad valorem assessments based on an equivalent residential unit (ERU) of impervious service area. Funds are used to alleviate flooding, help design and construct drainage projects and maintain various drainage components. This fund is in accordance with Section 125.01(q r), Florida Statutes and County Ordinances (§ 15 03).
Tourist Development Tax - Fund 2113
To account for the collection and use of a four percent Tourist Development Tax imposed pursuant to County ordinance and in accordance with Section 125.0104, Florida Statutes.
Tree - Fund 2195
Reflects revenues collected from the unlawful removal, topping or irreversible damage of trees as per County ordinance and is used to purchase, plant and maintain native trees on land within Pasco County.
Trilacoochee Redevelopment - Fund 2179
To account for the Tax Increment Financing revenues in the Lacoochee/Trilby Redevelopment Area established by Pasco County Code of Ordinances No. 13 22, and requires the tax increment revenues from the Lacoochee/Trilby Redevelopment District to be earmarked for essential infrastructure for the District, including transportation, building, utility, and park infrastructure. This fund is in accordance with Chapter 2, Article VI of the County Code of Ordinances (§13 22).
Villages of Pasadena Hills Tax Increment - Fund 2162
To account for for the tax increment financing revenues in the Village of Pasadena Hills (VOPH) area established by Chapter 2, Article VI of the Pasco County Code of Ordinances Section 2-334. The ordinance requires the tax increment revenue to be earmarked for transportation capital improvements, reduction of any indebtedness for VOPH transportation capital improvements, VOPH transportation operation and maintenance expenses, or other public facilities or programs that benefit VOPH. This fund’s revenues are a subset of, and not in addition to, the Multi-Modal Tax Increment Fund.
Williamsburg West MSTU - Fund 2155
To account for the services provided within the confines of the service unit.