MANATEE -- The Manatee County School Board will come out ahead by $143,160.21 if an interlocal agreement reconciling impact fee proceeds if the county commission approves Tuesday.
The school board and the Manatee County Commission are trying to iron out differences between them involving $307,262.20 in school impact fees from past years' collection.
Under the terms of the agreement, the county will remit to the school board school impact fee administrative surcharges collected on its behalf of $307,262.20; and the school board will compensate the county $164,101.99, county documents said.
"We're basically balancing the books," said Manatee County Attorney Mickey Palmer.
The money was due over several years, but the matter never got resolved because there was no administrative procedure to accomplish it, said Sharla Fouquet, Manatee County impact fee manager.
The interlocal agreement provides an administrative mechanism for the two entities to reconcile monies that each party owes the other.
From 2002 to 2010, Manatee County levied and collected school impact fees from developers on the construction of new residential dwelling units, and remitted them to the school board for the construction of educational facilities, county documents said.
During that time, surcharges for the school board's administration of the impact fee program were accumulated by the county, but never remitted to the school board, documents said.
Additionally, some school impact fee proceeds were remitted to the school board by the county, but the county later refunded the money to the original feepayers, based on impact fee credits they were due. The county was never reimbursed by the school board, they said.
Sara Kennedy, Herald reporter, can be reached at 941-745-7031. Follow her on Twitter@sarawrites.