Public Hearing Budget
Budgeting Process for Ad Valorem Funds
Planning,
General Fine & Fire & Municpal Uninc Parks Build, Code, Municipal
Fund Forfeiture Ambulance Serv Dist 6 & Beacbes Fire Marsbal Policing
2006 Projected Actual 001 101 141 146 147 148 149
..
Beginning Fund Bal per FY 05 CAFR 27,765,786 8,167,075 1,703,796 471,495 1,079,105 5,469,010 930,862
Revenues
All Taxes 16,863,840 4] ,424,204 7,356,096 ],225,000 974,276 71,000 4,033,802
other revenue 21,146,055 6,551,643 886,37] 48,]61 856,579 10,098,000 3,062,545
Total 38,009,895 47,975,847 8,242,467 1,273,161 1,830,855 10,169,000 7,096,347
Expenses total 43,000,000 49,]93,811 7,730,000 1,009,] 98 ],50],765 9,500,000 7,000,000
Excess Rev over Exp (4,990,105) (1,217,964) 512,467 263,963 329,090 669,000 96,347
Estimated Ending Fund Balance FY 06 22,775,681 6,949,111 2,216,263 735,458 I ,408,195 6,138,010 1,027,209
Estimation Factor by Policy 0.75 0.70 0.70 0.75 0.75 0.70 0.70
Fund Ba]ance to Appropriate 17,08],761 4,864,378 1,551,384 55] ,594 1,056,146 4,296,607 7]9,046
Estimation Factor increased by 2.5% 0.800 0.725 0.725 1.000 0.775 0.725 0.725
Increased Fund Balance to appropriate 18,220,545 5,038,105 1,606,791 735,458 1,091,351 4,450,057 744,727
2007 Budget
Revenues:
Taxes! Ad Valorem 17,930,646 50,5]2,467 7,545,939 0 1,034,825 73,553 4,366,042
delinquent taxes 36,469 35,000 2,000 0 ],356 ],000 ],896
other revenue ] 4,290,00] 2,345,000 638,000 0 580,000 8,752,664 2,820,437
transfers in 4,600,000 0 0 0 0 0 0
less 5% (1,6] 2,856) (2,644,623) (409,297) 0 (80,809) (441,361) (359,419)
Fund Bal Fwd Rounded from Above 18,311,373 4,911,378 1,606,791 735,458 1,091,351 4,450,057 744,727
Total 53,555,633 55,159,221 9,383,433 735,458 2,626,723 12,835,913 7,573,683
Appropriations:
operating 48,850,294 45,952,554 6,583,654 735,458 ] ,865,588 10,687,247 7,008,534
cash balance 2,190,] ]4 8,56] ,492 1,106,]61 0 271,009 650,000 400,000
transfers out 0 0 753,618 0 ]87,703 ] ,403,542 5,000
contingency 2,515,225 645,] 75 940,000 0 302,423 95,124 160,]49
Total 53,555,633 55,159,221 9,383,433 735,458 2,626,723 12,835,913 7,573,683
Excess Revenues over Appropriations 0 0 (0) 0 0 0 (0)
EXHIBIT 3
Fiscal Year 2007 Budget Process
Aggregate
$ amounts Budget % over Ad Valorem
Dates Changes Made +/(-) Total Rollback Taxation
"
9/6/2006 First Public Hearing Adopted Tentative Millage Rates $373,764,793 9.97 $86,011,767
Deleted Funding for Upper Keys Community Pool (225,000) 373,539,793
Deleted Funding for Just for Kids Program (65,000) 373,474,793
Decreased Funding for Monroe County Health Department (97,771) 373,377,022
Deleted Exotic & Wild Bird Rescue Center (Serves Big Pine & LK (14,000) 373,363,022
Deleted Marathon Wild Bird Center (14,000) 373,349,022
Deleted Florida Keys Wild Bird Center (14,000) 373,335,022 9.44
Budgeted Traumastar Operations in General Fund' (688,000) 374,023,022
Deleted (4) Bailiffs form Sheriffs Budget (212,892) 373,810,130
Rolled over Funding for Jail Operations Chillers 47,000 373,763,130
Re analyzed all Ad Valorem Fund Revenue/Expenditures (Net) (658,422) 373,104,708
9/13/2006 Subtotal ($1,942,085) $373,087,235 8.22 $84,646,113
, Net decrease in Traumastar Operations from Fine & Forfeiture - $1,438,000 -$750,000= $688,000
"Per the T.R.I.M. Truth in Millage Statutes, aggregate can be no higher
EXHIBIT 2
T>he Vandenberg Proj ect
l'age t or L
Lundstrom-Tamara
---------~--~-~-~--- --- ------ - ---- ---
-,._-"-"-~-_._---"------_._---'--"-~--
From: Dana, Pam [PamDana@MyFlorida.com]
Sent: Wednesday, September 13, 2006 12:31 PM
To: BOCCDIS4; mario@mariokeys.com
Cc: Haddad, Kenneth
Subject: The Vandenberg Project
September 12, 2006
Commissioner Mario Di Gennaro
Monroe County Board of County Commissioners
530 Whitehead Street
Key West, FL 33040
Reference: Hoyt Vandenberg Reef Project for Key West
Dear Commissioner Di Gennaro:
On behalf of the Governor's Office of Tourism, Trade, and Economic Development, I am pleased to
write in support of the artificial reef ship project, enabled by the sinking of the U.S.S General Hoyt
Vandenberg, as proposed by the City of Key West. As is commonplace in such reef efforts, this project
will involve the environmental preparation, towing, and submersion of a sizeable marine vessel, in water
depths of over 130 feet, miles off the shore of Key West. In that both the Florida Keys National Marine
Sanctuary and the Florida Department of Environmental Protection have approved this project and
confirmed that all permits are in place, the time is right to embrace this artificial reef project and make it
a reality for generations to come.
From our experience with other artificial reef projects, the positive economic impacts resulting from the
placement of vessels as a fishing, diving, marine education, and ecotourism attraction is substantial. I
expect that in the case of the Keys, the economic impact of the U.S.S. Vandenberg artificial reef will
prove no different. While boosting the area's economy for unforeseeable years, this artificial reef will
promote new habitat for marine life in the Key West area, lend to Monroe County's internationally
renowned "Shipwreck Trail," and serve to relieve existing pressures on nearby natural coral reefs by
shifting some divers and anglers to this new artificial reef.
Both local sponsors and the Florida Fish and Wildlife Conservation Commission (FWC) have worked
concertedly to obtain funds to complete the "Vandenberg Project." In fact, with the blessing of
Governor Bush, the FWC has secured a $1.25 million matching grant for the project from the U.S.
Maritime Administration (MARAD), as well as committed another $85,000 to assist with monitoring
and vessel preparation. To complete implementation of the project, from donation and title transfer of
the vessel to sinking the ship of the Key West shores, a final $4 million remains necessary.
The Vandenberg Project will be an investment in the Keys that will reap economic benefits far
exceeding the upfront funds placed into the project. I am hopeful the Monroe County Commissioners
are able to identify the remaining resources necessary to bring this wonderful project to fruition, and
9/13/2006
':he Vandenberg Project
Page L ot L
thank you for allowing my office to make comment.
Sincerely,
Dr. Pamella J Dana, Director
Office of Tourism, Trade, and Economic Development
Executive Office of Governor Jeb Bush
9/13/2006