Title
Draft Resolution - Land Development Code of Chapter Section 30-254(b)(2) guidance for the use of Tree Mitigation Funds (TMF)(B)
Explanation
This Resolution draft proposes immediate funding for an internal Public Works funding lapse for fiscal year 2020-2021.
The Tree Mitigation Fund (TMF) receives monies from developers and neighbors for permitted tree removals. The Land Development Code (the Code) specifies these funds are to be used for tree planting and establishment on City owned properties - right-of-ways and parks; and for purchase of conservation lands that benefit Gainesville’s urban forest. The Tree Advisory Board oversees the expenditures from the TMF and it has historically approved transfers of funds to the Public Works Urban Forestry Division for the above expenditures.
These expenditures from the TMF are a top priority item that tremendously benefits the urban forest and every neighbor in Gainesville, Florida. The fund should continue to be stewarded responsibly and expended in an adequate manner with direction from the Tree Advisory Board.
Fiscal Note
The TMF currently has a balance of over 3.4 million dollars. Expenditures from this fund have historically and dramatically failed to keep up with receipts. The Urban Forestry Division would like to utilize responsibly this fund. These expenditures have no impact on City of Gainesville general revenues.
Recommendation
The Tree Advisory Board 1) review resolution draft; 2) revise as necessary; and 3) approve draft language.