News Flash

NOTICE is hereby given the City Commission of the City of Palatka, Florida, will consider the enactment of the following entitled Ordinance 2024-05: 

AN ORDINANCE OF THE CITY OF PALATKA, FLORIDA, REVISING CHAPTER 2, DIVISION 4 OF THE CODE OF ORDINANCES OF THE CITY OF PALATKA, FLORIDA, ENTITLED GENERAL EMPLOYEES RETIREMENT PLAN; AMENDING SECTION 2-171 – PENSION ADJUSTMENTS; CREATING A 4% ONE TIME COST OF LIVING ADJUSTMENT FOR ALL RETIREES EFFECTIVE OCTOBER 1, 2024; REPEALING ALL ORDINANCES IN CONFLICT; PROVIDING AUTHORITY TO CODIFY; AND PROVIDING AN EFFECTIVE DATE; AND PROVIDING FOR SCRIVENER’S ERRORS.

 at its meetings to be held at 6:00 PM on May 23 and June 13, 2024 at City Hall, 201 N. 2^nd St., Palatka, Florida. Said proposed Ordinance may be inspected by the public at City Hall during regular hours of business. All interested persons are hereby advised of such consideration by the City Commission and all interested parties may appear at said meeting at said time and place and be heard with respect to the proposed ordinance.  A business impact statement is below. This notice is given in accordance with F.S. 166.041.

 PLEASE GOVERN YOURSELVES ACCORDINGLY.     

Business Impact Estimate

Proposed ordinance’s title/reference:

AN ORDINANCE OF THE CITY OF PALATKA, FLORIDA, REVISING CHAPTER 2, DIVISION 4 OF THE CODE OF ORDINANCES OF THE CITY OF PALATKA, FLORIDA, ENTITLED GENERAL EMPLOYEES RETIREMENT PLAN; AMENDING SECTION 2-171 – PENSION ADJUSTMENTS; CREATING A 4% ONE TIME COST OF LIVING ADJUSTMENT FOR ALL RETIREES EFFECTIVE OCTOBER 1, 2024; REPEALING ALL ORDINANCES IN CONFLICT; PROVIDING AUTHORITY TO CODIFY; PROVIDING AN EFFECTIVE DATE; AND PROVIDING FOR SCRIVENER’S ERRORS.

This Business Impact Estimate is provided in accordance with section 166.041(4), Florida Statutes. If one or more boxes are checked below, this means the City of Palatka is of the view that a business impact estimate is not required by state law[1] for the proposed ordinance, but the City is, nevertheless, providing this Business Impact Estimate as a courtesy and to avoid any procedural issues that could impact the enactment of the proposed ordinance. This Business Impact Estimate may be revised following its initial posting.

☐       The proposed ordinance is required for compliance with Federal or State law or regulation;

☐       The proposed ordinance relates to the issuance or refinancing of debt;

☐       The proposed ordinance relates to the adoption of budgets or budget amendments, including revenue sources necessary to fund the budget;

☐       The proposed ordinance is required to implement a contract or an agreement, including, but not limited to, any Federal, State, local, or private grant or other financial assistance accepted by the municipal government;

☐       The proposed ordinance is an emergency ordinance;

☐       The ordinance relates to procurement; or

☐       The proposed ordinance is enacted to implement the following:

a. Part II of Chapter 163, Florida Statutes, relating to growth policy, county and municipal planning, and land development regulation, including zoning, development orders, development agreements and development permits;

b. Sections 190.005 and 190.046, Florida Statutes, regarding community development districts;

c. Section 553.73, Florida Statutes, relating to the Florida Building Code; or

d. Section 633.202, Florida Statutes, relating to the Florida Fire Prevention Code.

In accordance with the provisions of controlling law, even notwithstanding the fact that an exemption noted above may apply, the City hereby publishes the following information:

1. Summary of the proposed ordinance (must include a statement of the public purpose, such as serving the public health, safety, morals and welfare):

The proposed Ordinance will impact the General Employees Retirement Plan. It will amend section 2-171 – pension adjustments and create a 4% one-time cost of living adjustment for all retirees in the plan effective October 1, 2024

2. An estimate of the direct economic impact of the proposed ordinance on private, for-profit businesses in the City, if any:

(a) An estimate of direct compliance costs that businesses may reasonably incur;

(b) Any new charge or fee imposed by the proposed ordinance or for which businesses will be financially responsible; and

(c) An estimate of the City’s regulatory costs, including estimated revenues from any new charges or fees to cover such costs.

None - $0

3. Good faith estimate of the number of businesses likely to be impacted by the proposed ordinance:

0

4. Additional information the governing body deems useful (if any):

[You may wish to include in this section the methodology or data used to prepare the Business Impact Estimate. For example: City staff solicited comments from businesses in the City as to the potential impact of the proposed ordinance by contacting the chamber of commerce, social media posting, direct mail or direct email, posting on City website, public workshop, etc. You may also wish to include efforts made to reduce the potential fiscal impact on businesses. You may also wish to state here that the proposed ordinance is a generally applicable ordinance that applies to all persons similarly situated (individuals as well as businesses) and, therefore, the proposed ordinance does not affect only businesses).