| 1 | A bill to be entitled |
| 2 | An act relating to local government operating budgets; |
| 3 | creating ss. 125.75 and 166.0498, F.S.; limiting annual |
| 4 | increases in county and municipal operating budgets; |
| 5 | providing criteria; providing exceptions; providing an |
| 6 | effective date. |
| 7 |
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| 8 | Be It Enacted by the Legislature of the State of Florida: |
| 9 |
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| 10 | Section 1. Section 125.75, Florida Statutes, is created to |
| 11 | read: |
| 12 | 125.75 County operating budget limitations.-- |
| 13 | Notwithstanding any other provision of general or local law, |
| 14 | annual increases in a county's operating budget shall not exceed |
| 15 | two times the per capita percentage change in the Consumer Price |
| 16 | Index as provided in s. 193.155(1)(b). This limitation on annual |
| 17 | increases in the county's operating budget may be overcome by a |
| 18 | finding of necessity due to emergency or critical need approved |
| 19 | by a unanimous vote of the governing body of the county. |
| 20 | Section 2. Section 166.0498, Florida Statutes, is created |
| 21 | to read: |
| 22 | 166.0498 Municipal operating budget limitations.-- |
| 23 | Notwithstanding any other provision of general or local law, |
| 24 | annual increases in a municipality's operating budget shall not |
| 25 | exceed two times the per capita percentage change in the |
| 26 | Consumer Price Index as provided in s. 193.155(1)(b). This |
| 27 | limitation on annual increases in the municipality's operating |
| 28 | budget may be overcome by a finding of necessity due to |
| 29 | emergency or critical need approved by a unanimous vote of the |
| 30 | governing body of the municipality. |
| 31 | Section 3. This act shall take effect July 1, 2007. |