Broward County Commission Regular Meeting
Director's Name: George Tablack
Department: Finance and Administrative Services Division: Records, Taxes, and Treasury
Information
Requested Action
title
MOTION TO APPROVE execution of a Closing Agreement by the County Administrator, compromising and settling a taxpayer’s Tourist Development Tax liability, and authorizing the release of a Tourist Development Tax Warrant Lien upon final payment.
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Why Action is Necessary
Board approval is necessary in order to comply with Broward County Resolution No. 1999-220 to settle an amount in excess of $10,000.
What Action Accomplishes
Approves Closing Agreement with a taxpayer.
Is this Action Goal Related
No
Previous Action Taken
None.
Summary Explanation/Background
THE FINANCE AND ADMINISTRATIVE SERVICES DEPARTMENT AND THE RECORDS, TAXES, AND TREASURY DIVISION RECOMMEND APPROVAL OF THE ABOVE MOTION.
On March 9, 1999 (Item No. 18), the Board adopted Resolution No. 1999-220, which established guidelines for the Tourist Development Tax Section of the Records, Taxes, and Treasury Division regarding reasonable cause to compromise Tourist Development Tax penalties. This item seeks to compromise the penalties owed by a taxpayer as part of a settlement of disputed claims over amounts claimed by the County. It is in the best interest of the County in order to avoid the costs and uncertainty associated with ongoing negotiations and the possibility of litigation. The County Auditor has been consulted and is in agreement with the proposed settlement.
Pursuant to Section 213.053, Florida Statutes, information in the records of this compromise is confidential and exempt from the provisions of Section 119.07(1), Florida Statutes. The Closing Agreement is therefore not included as an exhibit.
All dollar amounts referenced in this agenda item have been rounded to the nearest whole dollar.
Source of Additional Information
Thomas Kennedy, Director | Records, Taxes, and Treasury Division, (954) 357-5777
Fiscal Impact
Fiscal Impact/Cost Summary
The fiscal impact of this Closing Agreement is the County’s receipt of $133,929 in previously unpaid Tourist Development Tax penalties and interest.