City of Panama issued the following announcement on July 23.
The City of Panama City Beach first established a stormwater assessment in 2006.
The annual assessment has, for the last 15 years, funded needed improvements and repairs to an aging system as well as funds stormwater expansions needed as the City grows. Most communities use property taxes to pay for these improvements. Panama City Beach is the largest city in Florida without a property tax.
On Thursday, July 22, the City Council approved the first reading of an ordinance which allows for the annual assessment. The second reading is August 26. Any changes in the amount to be assessed will also be considered by the City Council during the August 26 meeting at 9 a.m. at City Hall, 17007 Panama City Beach Parkway. The public is encouraged to attend.
The increasing cost of materials, labor and equipment has meant less funds are available for stormwater construction. Aging infrastructure, much of which was installed when regulations were not as stringent as today’s codes, puts a strain on the stormwater budget; older systems have to be maintained to prevent flooding and other issues.
Panama City Beach has a stormwater ordinance that ensures developers treat and attenuate stormwater runoff generated by their development. The purpose is to remove pollutants and prevent flooding to adjacent properties. These development activities relating to stormwater runoff are also regulated by the State and Federal government.
Original source can be found here.
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