2. First Reading of Ordinance Abandoning ± 0.89 Acres of Right-of-Way of Bennett Drive, along lots

City Commission Regular Meeting · 2026-05-18 · agenda_item

The City of DeLand is considering abandoning approximately 0.89 acres of right-of-way along Bennett Drive, specifically a 50-foot wide, 552.68-foot long section adjacent to lots 25-31 in the DeLand Business and Industrial Park plat. This proposal is currently under review and has had its first reading before the City Commission. If approved, this action would vacate a portion of public roadway, potentially impacting future development or land use in that area. The process involves city commission review and readings. Businesses involved in land surveying, legal services related to property rights, and potentially civil engineering or construction services for any subsequent land use changes could be impacted. Engaging with the city early in this review process may provide insight into future opportunities.

acres of right-of-way

0.89 acres

wide

50 foot

long

552.68 foot

Years of Service

25 years

Years of Service

20 years

Years of Service

15 years

Years of Service

10 years

General Fund Revenues

33,929,873 $

General Fund Expenditures

26,719,937 $

Undesignated Fund Balance

8,746,223 $

required reserve

8,194,900 $

Confiscated Trust Fund revenues

1,622 $

Confiscated Trust Fund expenditures

13,406 $

Homeless Shelter Fund Revenues

403,722 $

Homeless Shelter Fund Expenditures

385,607 $

Spring Hill Community Redevelopment Trust Fund Revenues

1,207,256 $

Spring Hill Community Redevelopment Trust Fund Expenditures

216,999 $

Governmental Impact Fees Trust Fund Revenues

804,125 $

Governmental Impact Fees Trust Fund Expenditures

863,677 $

Downtown Community Redevelopment Trust Fund Revenues

1,216,057 $

Downtown Community Redevelopment Trust Fund Expenditures

371,340 $

Grant & Special Revenues Fund Revenues

1,069,687 $

tree replacement revenues

82,950 $

interfund transfers

749,628 $

Debt Service Fund Revenues

882,051 $

appropriated for governmental funds’ debt payments

2,263,200 $

Capital Projects Fund Revenues

5,315,948 $

Capital Projects Fund Expenditures

5,546,870 $

Water & Sewer Fund Revenues

19,172,899 $

Water & Sewer Expenses

22,046,557 $

Water & Sewer Undesignated Reserves

8,921,800 $

required reserve balance

6,975,882 $

Municipal Airport Fund Revenues

1,327,101 $

Municipal Airport Fund Expenses

945,710 $

Refuse Collection Fund Revenues

3,199,592 $

Refuse Collection Fund Expenses

3,194,829 $

Stormwater Fund Revenues

2,029,532 $

Stormwater Fund expenditures

1,249,864 $

Permits & Inspections Fund Revenues

779,546 $

Permits & Inspection Fund expenditures

2,339,948 $

investments held by the City

37,151,910 $

par value

37,140,000 $

market value

36,823,845 $

rate of return

3.61 %

weighted average maturity

3.62

average return on three-month US Treasury Bills

3.61 %

average rate on federal funds

3.64 %

unrealized loss

328,065 $

portfolio in liquid assets

70 %

six months of the fiscal year

50 %

property taxes realized

93 %

Other taxes realized

23 %

1st Local Option Gas tax realized

47 %

Fire and Casualty Insurance Premium taxes realized

0 %

Communication service taxes realized

48 %

state sales tax realized

45 %

Fines and forfeits realized

26 %

personnel expenditures

45 %

operating expenditures

48 %

grants and aid expenditures

0 %

contingency expenditures

0 %

transfers to other funds expenditures

51 %

expenditures

82 %

budgeted revenues

49 %

budgeted funds

47 %

budgeted revenues

112 %

budgeted funds

10 %

personnel

44 %

operating

51 %

grants & aid

13 %

transfers to other funds

49 %

services provided by general government

50 %

capital outlay

3 %

contingency

0 %

budgeted operating revenues

65 %

budgeted funds

36 %

budgeted revenues

119 %

operating

59 %

grants and aid

0 %

transfers to other funds

50 %

capital outlay

100 %

budgeted revenues

41 %

budget

65 %

budgeted revenues

39 %

budget

39 %

budgeted revenues

52 %

budgeted funds

38 %

budgeted revenues

24 %

realized

53 %

budget

28 %

operating

35 %

services provided by the general government

50 %

capital outlay

21 %

transfers to other funds

8 %

Available reserves

8,921,800 $

budgeted revenues

15 %

Rental revenues

60 %

Federal and State grant funds

0.6 %

budget

11 %

personnel

41 %

operating

32 %

transfers to other funds

10 %

budgeted revenues

50 %

budget

50 %

budgeted revenues

73 %

budgeted funds

31 %

operating

36 %

capital outlay

14 %

operating revenues

33 %

budget

45 %

operating

41 %

transfers to other funds

22 %

capital outlay

89 %

rate increase

3.0 %

rate increases

15 %

rate increase

2 %

fee reduction

50 %

rate increase

25 %