12/20/2006CTuy'OFrqDA33040NROE
,.,)294-4641
-�. BOARD OF COUNTY COMMISSIONERS
Mayor Mario Di Gennaro, District 4
Mayor Pro Tern Dixie M. Spehar, District 1
George Neugent, District 2
"Son
Charles "Sonny" McCoy, District 3
Sylvia I Murphy, District 5
AM
Monroe County Board of County Commissioners
Community Services Division
Monroe County Transit
1100 Simonton Street, Suite 1-188
Key West, Florida 33040
Phone 305 292-4425
Facsimile 305 292-4411
December 20, 2006
Ms. Carolyn A. Dekle
South Florida Regional Planning Council
3440 Hollywood Boulevard, Suite 140
Hollywood, Florida 33021
Dear Ms. Dekle,
Please find enclosed the FTA Section 5310 Year 32-2007 Capital Assistance Grant
Application from Monroe County Board of County Commissioners (Monroe County
Transit) for your review.
el
Je L,
Transportation Administrator
CC: L. Carl Filer, Public Transportation Manager, FDOT Miami
Ike Mahmood, Federal Transit Programs Engineer, FDOT Miami
Checklist for Application Completeness (2007)
Name of Applicant: Monroe County Board of County Commissioners
Check one: First-time Applicant Previous Applicant X
The following must be included in the section 5310 grant application in the following order:
X This Checklist
X Applicant's cover letter and 2 copies of the governing board's Resolution
X Application for Federal Assistance (Form 424, Code 20.513)
X Operating and Administrative Expense and Revenue Form
X Current Vehicle and Transportation Equipment Inventory Form
X Capital Request Form
X Exhibit A: Current System Description
X Exhibit A-1: Fact Sheet
X Exhibit B: Proposed Project Description
X Exhibit C: Public Hearing Notice and Publisher's Affidavit (for public agencies only.)
X Exhibit D: Coordination (Miami —Dade County Applicants please see Special Instructions)
N/A Exhibit E: N/A
X Exhibit F: Federal Certification and Assurances
N/A Exhibit G: Certification of Equivalent Service (if grant is for non -accessible vehicles)
X Exhibit H: Applicant Certification and Assurance to FDOT
X 5 Copies of the Audit Report or the latest Internal Revenue Services return
X Dated copy of cover letter to Local Clearinghouse (South Florida Regional Council i SFPRC)
Additional documents required for first-time applicant (if a private -non profit agency)
N/A Copy of Certificate of Incorporation
Submit one original and four copies of the entire application by January 22, 2007.
Cc�n!'YMONROE
FUORIDA 33040
(305)294-4641
Monroe County Board of County Commissioners
Community Services Division
Monroe County Transit
1100 Simonton Street, Suite 1-188
Key West, Florida 33040
Phone 305 292-4425
Facsimile 305 292-4411
BOARD OF COUNTY COMMISSIONERS
Mayor Mario Di Gennaro, District 4
Mayor Pro Tern Dixie M. Spehar, District 1
George Neugent, District 2
Charles'Sonny" McCoy, District 3
Sylvia J. Murphy, District 5
State of Florida Department of Transportation
Grant Application
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Monroe County Board of County Commissioners submits this Application for the Section 5310 Program
Grant and agrees to comply with all assurances and exhibits attached hereto and by this reference made a
part thereof, as itemized in the Checklist for Application Completeness.
Monroe County Board of County Commissioners further agrees, to the extent provided by law in accordance
with Sections 129.07 and 768.28, Florida Statutes to indemnify, defend and hold harmless the Department
and all of its officers, agents and employees from any claim, loss, damage, cost, charge, or expense arising
out of the non-compliance by the Agency, its officers, agents or employees, with any of the assurances stated
in this Application.
This Application is submitted on this 20th day of December, 2006 with two (2) original resolutions or
certified copies of the original resolution authorizing Mayor Mario Di Germano to sign this Application.
Monroe County Board of County Commissioners
y:
Ar, ";r OAn V _. I<GLHAGE CLERK
ar
Date 12/20/2006
Mario Di Genn o, Mayor
Privacy Statement: This letter and any files accompanying it are intended only for the person or entity to which it is addressed and
may contain confidential materials and/or material protected by law. Any retransmission or use of this information may be a
violation of that law. If you received this in error, please contact the sender and destroy the material.
wem In wTinwl CnO
Version 7/03
FEDERAL ASSISTANCE
2, DATE SUBMITTED
Aqpppplicant Identifier
12/20/2006
5310 FY2007
1. TYPE OF SUBMISSION:
3. DATE RECEIVED BY STATE
State Application Identifier
Application
Pre -application
4. DATE RECEIVED BY FEDERAL AGENCY
Federal Identifier
13 construction
0 ConaVudlon
Non -Construction
® Non -Con ctlon
5. APPLICANT INFORMATION
Legal Name:
Organizational Unit:
Department:
Monroe County Board of County Commissioners
Monroe County Transit
Organizational DUNS:
A
Division:
Community Services Division
Address:
Name and telephone number of person to be contacted on makers
involving this application (give area code)
Street:
Prefix:
First Name:
1100 Simonton Street Room 1-188
Mr.
Jerry
Middle Name
Key West
L.
County:
Last Name
Eskew
Monroe
State:
Zip Code
Suffix:
Florida
33040
Country
United States
Email:
eskew-jerry@monroewunty-O.gov
6. EMPLOYER IDENTIFICATION NUMBER (EIN):
Phone Number (give area code)
Fax Number (give area code)
M-91ME®E®E
305292-4425
305292-4411 1
S. TYPE OF APPLICATION:
7. TYPE OF APPLICANT: (See back of form for Application Types)
171 New ® Continuation ❑ Revision
B. County
If Revision, enter appropriate letter(s) in box(es)
See back of form for description of letters.) ❑ ❑Other
(specify)
9. NAME OF FEDERAL AGENCY:
Other (specify)
Federal Transit Administration
10. CATALOG OF FEDERAL DOMESTIC ASSISTANCE NUMBER:
11. DESCRIPTIVE TITLE OF APPLICANT'S PROJECT:
] — ] F3
Body -on -Chassis Paretransit Buses
TITLE (Name of Program):
Facersl Transit Administration Section 5310 Program
12. AREAS AFFECTED BY PROJECT (Cities, Counties, States, etc.):
Monroe County
13. PROPOSED PROJECT
14. CONGRESSIONAL DISTRICTS OF:
Start Date:
Ending Date:
a. Applicant b. Project
July 2007
June 2008
20ih Congressional District 0 Congressional District
15. ESTIMATED FUNDING:
16. IS APPLICATION SUBJECT TO REVIEW BY STATE EXECUTIVE
ORDER 12372 PROCESS?
a. Federal
a. Yes. o THIS PREAPPLICATION/APPLICATION WAS MADE
124,800
AVAILABLE TO THE STATE EXECUTIVE ORDER 12372
PROCESS FOR REVIEW ON
b. Applicant
15,600
DATE:
c. State
15,600
b. No. 0 PROGRAM IS NOT COVERED BY E. O. 12372
OR PROGRAM HAS NOT BEEN SELECTED BY STATE
Cl. Local
e. Other
FOR REVIEW
I. Program Income
17. IS THE APPLICANT DELINQUENT ON ANY FEDERAL DEBT?
ci Yes If Wes" attach an explanation. I® No
g. TOTAL
156,000 '
18. TO THE BEST OF MY KNOWLEDGE AND BELIEF, ALL DATA IN THIS APPLICATIONIPREAPPLICATION ARE TRUE AND CORRECT. THE
DOCUMENT HAS BEEN DULY AUTHORIZED BY THE GOVERNING BODY OF THE APPLICANT AND THE APPLICANT WILL COMPLY WITH THE
ATTACHED ASSURANCES IF THE ASSISTANCE IS AWARDED.
aap.rAuthorized Re resentative
Name
Middle Name
Mr.wOx
Man
Last Name
Suffix
Di Gennaro
. Title
. Telephone Number (give area wde)
Mayor
305 289-6000
. Signature of Authorized Representative
Date Siggnod
'12/20/20i 6
Previous Edition Usable
Authorized for Local ReD(Atlttglion
wrr- ;T C r,NNY _. KOLHAGE CLERIC
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OE COUNTY ATTORNEY
4r t'A VIED AS TO R {r
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Standard Fonn 424 (Rev.9-2003)
Prescribed by OMB Circular A-102
OPERATING AND ADMINISTRATIVE EXPENSE AND REVENUE (2007)
Name of Applicant Monroe County Board of County Commissioners (MC Transit)
Fiscal Period from 10/01/2006 to 09/30/2007 Budget
TR ANV.PnRTATInw_RVI,ATED OPERATING and ADMINISTRATIVE EXPENSES
EXPENSE CATEGORY
EXPENSE $
Labor 501
$5949350
Fringe and Benefits (502)
2719132
Services 503
Materials and Supplies 504
509000
Vehicle Maintenance 504.01
1729362
Utilities 505
119380
Insurance 506
329109
Licenses and Taxes 507)
Purchased Transit Service 508
Miscellaneous 509
599300
Leases and Rentals (512)
Depreciation 513
699278
TOTAL EXPENSE
$192599911
TRANSPORTATION —RELATED OPERATING and ADMINISTRATIVE REVENUES
OPERATING REVENUE
REVENUE $
Passenger Fares for Transit Service (401)
$ 409000
Special Transit Fares 402
Other (403-407) (identify by appropriate code
TOTAL OPERATING REVENUE
$ 40,000
OTHER REVENUE SOURCES
Taxes Levied Directly by the Transit System
Local Cash Grants and Reimbursements
409
$1,1499911
Local Special Fare Assistance 410
State Cash Grants and Reimbursements
(411) AHCA
709000
State Special Fare Assistance 410
Federal Cash Grants & Reimbursements 413
Interest Income 414)
Contributed Services 430
Contributed Cash 431
Subsidy from Other Sectors of Operations 440)
TOTAL OF OTHER REVENUE
$192199911
GRAND TOTAL OF OTHER REVENUES
$1,2599911
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CAPITAL REQUEST FORM (2007)
Monroe County Transit (BOCC)
VEHICLE REQUEST
GMIS code
R or E
Number
Description (b) (c)
Estimated
(This cola m
(a)
Requested
Cost
for FDOT use
ONLY
R
2
Type D Body -on -Chassis Transit Bus 23-31 ft
$156,000
diesel WC lift 4-20 ambulatory searing in
combination with 6 wheelchairs
11.
11.
11.
11.
Subtotal
$156,000
EQUIPMENT REQUEST (C)
11.
11.
11.
11.
Subtotal
$
(a) Replacement (R) or Expansion (E).
(b) Provide a brief description including the length and type vehicle, type of
fuel, lift or ramp, number of seats and wheelchair positions. Do not show
the Make. For example, 22' diesel bus with lift, 12 amb. Seats, 2 w/c
positions.
(c) Show mobile radios, computer hardware/software, etc. under "Equipment
Request".
VEHICLE SUBTOTAL $156,000 + EQUIPMENT SUBTOTAL$ (X).
(X) x 80 % = $124,800 [Show this amount on Form 424 in block 15 (a) ]
EXHIBIT A (2007)
CURRENT SYSTEM DESCRIPTION
Monroe County Transit (BOCC)
Overview & Routes
Monroe County Transit provides paratransit service to the elderly, disabled and
transportation disadvantaged citizens of Monroe County. The operation services
four geographical route areas, the Lower Keys (Key West) from mile marker 0 to
20, Big Pine Key from mile marker 21 to 40, the Middle Keys (Marathon Key)
from mile marker 47 to 72 and the Upper Keys (Plantation Key and Key Largo)
from mile marker 73 to 112.
Fleet Size & Placement
The entire fleet of fifteen (15) paratransit buses is wheelchair equipped and ADA
Compliant. Five buses are located at 1100 Simonton Street, Key West, one bus
is located at 380 Key Deer Blvd in Big Pine Key, four buses at 490 63rd Street,
City of Marathon and five buses at 88800 Overseas Highway, Plantation Key.
Hours of Operation
Monroe County Transit operates five (5) days per week Monday through Friday
from 7 a.m. to 6 p.m. excluding Monroe County Observed Holidays.
Staffing
Monroe County Transit staff consists of a Transportation Administrator,
Administrative Assistant, Special Needs Coordinator, Transportation Specialist,
Three (3) Dispatcher, Reservation, Schedulers, nine (9) CDL Class B Licensed
Transportation Drivers and nine (9) CDL Class B or D Licensed On -Call
Substitute Transportation Drivers.
Rider Composition
72% Elderly 60 years and older includes handicapped
28% Transportation Disadvantaged 59 years and younger includes handicapped
Within those two categories 14% are Wheelchair Clients
Vehicle Maintenance
Monroe County Transit utilizes the County's three fully staffed maintenance
facilities (Key West, City of Marathon & Plantation Key) with an industry
recognized preventative maintenance program in place.
Single Audit Act
Attached is Monroe County's latest completed Single Audit.
EXHIBIT A-1 -- FACT SHEET (2007)
Monroe County Transit (BOCC)
CURRENTLY
IF GRANT IS AWARDED
Estimates are acceptable)
1. Number of one-way trips provided
32,884
40,000 goal
to elderly and persons with disabilities
E & D PER YEAR
2. Number of individual E & D served
1,300 est
1,500 goal
(unduplicated) PER YEAR
3. Percentage of E & D needing
11.5%
14.0%
wheelchair positions AVERAGE
4. Number of vehicles used to
9
9
provide service AVERAGE
5. Number of ambulatory seats AVG
173
177 to 181 depends on
exact configuration chosen
6. Number of wheelchair positions
50
52 to 56 depends on exact
AVERAGE
confi uration chosen
7. Vehicle miles traveled PER YEAR
237,609
250,000
8. Average vehicle miles PER DAY
604
700
9. Normal number of days in
5
5
operation PER WEEK
10. Normal hours of vehicle
7 a.m. until 6 p.m.
7 a.m. until 6 p.m.
operation PER DAY
11. Trip length AVERAGE
5.10
5.50
EXHIBIT B (2007)
PROPOSED PROJECT DESCRIPTION
Monroe County Transit (BOCC)
The awarded funds will be used to replace two aging body -on -chassis buses, unit
2833 (VIN# 1 FDWE30F8WCH13964), a 1998 Ford/Aerolite bus with 8
ambulatory & 2 wheelchair passenger capacity and 1905 (VIN#
1 FDWE30F3XHC33122), a 2000 Ford/Aerolite with 8 ambulatory / 2 wheelchair
passenger capacity. The two body -on -chassis diesel bus replacement vehicles
will be configured to increase the capacity of the fleet to handle both ambulatory
and wheelchair clients with more dependable transportation, while reducing the
excessively high repair and maintenance and service equipment downtime that is
associated with high age and high mileage vehicles.
Additionally, the transit program hopes to reduce the fleet size as the average
age of the fleet reflects newer vehicles. This reduction of the older, more costly to
operate backup vehicles from the transit fleet will result in reduced maintenance
expense, better fuel economy and less bus downtime than the department had
been experiencing in the past.
As always, the new buses will be placed on Monroe County's preventive
maintenance plan along with utilizing the new vehicle warranties.
Client outreach especially in Big Pine and the Middle Keys will be the focus for
this fiscal year especially targeting the elderly and the handicap. Elderly
organization meetings will be attended on a regular basis in an attempt to
introduce and re -acquaint the aging population with our services.
Special Needs Clients target the elderly and handicapped to make sure they are
not forgotten as threatening storms approach the Florida Keys. The
transportation of those individuals is assured by maintaining a well-equipped
current transit fleet.
EXHIBIT C (2007)
PUBLIC NOTICE
Monroe County Transit (BOCC)
All interested parties within Monroe County are hereby advised that
Monroe County Board of County Commissioners is applying to the
Florida Department of Transportation for a capital grant under Section
5310 of the Federal Transit Act of 1991, as amended, for the
purchase of a Type D Transit bus (Body -on -Chassis) to be used for
the provision of public transit services within Monroe County, Florida.
A Public Hearing has been scheduled at 9:00 a.m. on 12/20/2006,
Marathon Government Center 2798 Overseas Highway, Marathon,
Florida, for the purpose of advising all interested parties of service
being contemplated if a grant is awarded, and to ensure that
contemplated services would not represent a duplication of current or
proposed services provided by existing transit or paratransit
operators in the area.
This hearing will be conducted if and only if a written request for the
hearing is received by 12/10/2006.
Requests for a hearing must be addressed to Monroe County Board
of County Commissioners, 1100 Simonton Street, Key West, FI.
33040 and a copy sent to FDOT District Six -Public Transportation
Office, 1000 NW 1111h Avenue, Room 6114 Miami, FI., 33172-5800.
EXHIBIT D
Effective: 01/01/07 to 06/30/07
STATE OF FLORIDA
COMMISSION FOR THE TRANSPORTATION DISADVANTAGED
STANDARD COORDINATION/OPERATOR CONTRACT
THIS CONTRACT is entered into between the COMMUNITY TRANSPORTATION COORDINATOR,
THE GUIDANCE CLINIC OF THE MIDDLE KEYS, designated pursuant to Chapter 427, F.S., to
serve the transportation disadvantaged for the community that includes the entire area of MONROE
County, and hereinafter referred to as the "Coordinator" and MONROE COUNTY BOARD OF
COUNTY COMMISSIONERS, hereinafter referred to as the "Agency/Operator". The terms and
conditions of this Contract are effective January 1, 2007, and will continue through
June 30, 2007.
WHEREAS, the Coordinator is required, under Rule 41-2.011, F.A.C., when cost effective and
efficient, to enter into contract with a transportation Agency/Operator to provide transportation
services: and
WHEREAS, transportation disadvantaged funds includes any local government, state or federal
funds that are for the transportation of transportation disadvantaged; and
WHEREAS, the Coordinator desires to contract with the Agency/Operator for the provision of
transportation services for the transportation disadvantaged; and
WHEREAS, the Coordinator believes it to be in the public interest to provide such transportation
services through the Agency/Operator for the residents of the service area who are clients of the
Agency/Operator; and
WHEREAS, the Agency/Operator will provide the Coordinator the opportunity to develop a proposal
for any new transportation services needed; and
WHEREAS, the Agency/Operator, in an effort to coordinate available resources, will make available
transportation services to the Coordinator.
WHEREAS, this Contract allows for the provisions of transportation services be provided by the
Agency/Operator, in accordance with Chapter 427, F.S., Rule 41-2, F.A.C., and the most current
Community Transportation Coordinator policies.
NOW, THEREFORE, in consideration of the mutual covenants, promises and representations herein,
the parties agree as follows:
THE AGENCY/OPERATOR SHALL:
A. Provide services and vehicles according to the conditions specified in Attachment I.
B. Coordinate available resources and make available transportation services to the Coordinator.
Such services shall be provided in accordance with Attachment I. This contract currently
excludes the coordination of Medicaid trips. A separate Medicaid transportation contract will
be negotiated.
C. Every three (3) months, submit to the Coordinator a Quarterly Year to Date Operating Report
(from the Annual Operating Report) detailing demographic, operational and financial data
regarding coordination activities in the designated service area. The reported data will include
information regarding all transportation provided by the Agency/Operator (including but not
limited to CTC, Medicaid... ) The report shall be prepared on forms provided by the
Commission for the Transportation Disadvantaged, hereinafter Commission, and according to
the instructions for the forms.
D. Comply with audit and record keeping requirements by:
Utilizing the Commission recognized Chart of Accounts defined in the Transportation
Accounting Consortium Model Uniform Accounting System for Rural and Specialized
Transportation Providers (uniform accounting system) for all transportation
disadvantaged accounting and reporting purposes. Agencies/Operators with existing
and equivalent accounting systems are not required to adopt the Chart of Accounts in
lieu of their existing Chart of Accounts but shall prepare all reports, invoices, and fiscal
documents relating to the transportation disadvantaged functions and activities using
the chart of accounts and accounting definitions as outlined in the above referenced
manual.
2. Maintaining and filing with the Coordinator such progress, fiscal, inventory and other
reports as the Coordinator may require during the period of this contract.
3. By reserving to the Coordinator, the right to conduct finance and compliance audits at
any time. Such audits conducted by the Coordinator will be at the expense of the
Coordinator.
E. Retain all financial records, supporting documents, statistical records, and any other
documents pertinent to this Agreement for a period of five (5) years after termination of this
Agreement. If an audit has been initiated and audit findings have not been resolved at the end
of the five- (5) years, the records shall be retained until resolution of the audit findings. The
Agency/Operator shall assure that these records shall be subject to inspection, review, or audit
at all reasonable times by persons duly authorized by the Coordinator or Commission or this
Agreement. The Commission and the Coordinator shall have full access to and the right to
examine any of the records and documents during the retention period.
F. Comply with Safety Requirements by:
Complying with Section 341.061, F.S., and Rule 14-90, F.A.C., concerning System
Safety or complying with Chapter 234.051, F.S., regarding school bus safety
requirements for those services provided through a school board;
Assuring compliance with local, state, and federal laws, and Commission policies
relating to drug testing, and;
3. Complying with Coordinator's System Safety Program Plan (SSPP) for designated
service area.
G. Comply with Commission insurance requirements by maintaining at least minimum liability
insurance coverage in the amount of $100,000 for any one person and $200,000 per
occurrence at all times during the existence of this Contract. In the event of any cancellation or
changes in the limits of liability in the insurance policy, the insurance agent or broker shall
notify the Coordinator. The Agency/Operator shall furnish the Coordinator written verification
of the existence of such insurance coverage prior to the execution of this Contract or proof of a
self-insurance program operated by the Agency/Operator. School board vehicle insurance
coverage shall be in accordance with Section 234.03, F.S. and 234.211, F.S.
H. Safeguard information by not using or disclosing any information concerning a user of services
under this Agreement for any purpose not in conformity with the local, state and federal
regulations, including but not limited to 45 CFR, Part 205.50, except upon order of a court of
competent jurisdiction, written consent of the recipient, or his/her responsible parent or
guardian when authorized by law.
Protect Civil Rights by:
Complying with Title VI of the Civil Rights Act of 1964 and Section 504 of the
Rehabilitation Act of 1973, as amended. The Agency/Operator gives this assurance in
consideration of and for the purpose of obtaining federal grants, loans, contracts
(except contracts of insurance or guaranty), property, discounts, or other federal
financial assistance to programs or activities receiving or benefiting from federal
financial assistance and agreeing to complete a Civil Rights Compliance Questionnaire
if so required by the Coordinator. Agency/Operator shall also assure compliance with:
a. Title VI of the Civil Rights Act of 1964, as amended, 42 U.S.C. 2000d et seq.,
which prohibits discrimination on the basis of race, color, or national origin in
programs and activities receiving or benefiting from federal financial assistance.
b. Section 504 of the Rehabilitation Act of 1973, as amended, 29 U.S.C. 794, which
prohibits discrimination on the basis of disability in programs and activities
receiving or benefiting from federal financial assistance.
C. Title IX of the Education Amendments of 1972, as amended, 20 U.S.C. 1681 et
seq., which prohibits discrimination on the basis of sex in education programs
and activities receiving or benefiting from federal financial assistance.
d. The Age Discrimination Act of 1975, as amended, 42 U.S.C. 6101 et seq., which
prohibits discrimination on the basis of age in programs or activities receiving or
benefiting from federal financial assistance.
e. The Omnibus Budget Reconciliation Act of 1981, P.L. 97-35, which prohibits
discrimination on the basis of sex and religion in programs and activities
receiving or benefiting from federal financial assistance.
All regulations, guidelines, and standards lawfully adopted under the above
statutes.
g. The Americans with Disabilities Act of 1990, as it may be amended from time to
time.
2. Agreeing that compliance with this assurance constitutes a condition of continued
receipt of or benefit from federal financial assistance, and that it is binding upon the
Agency/Operator, its successors, subcontractors, transferees, and assignees for the
period during which such assistance is provided. Assuring that operators,
subcontractors, subgrantees, or others with whom the Coordinator arranges to provide
services or benefits to participants or employees in connection with any of its programs
and activities are not discriminating against those participants or employees in violation
of the above statutes, regulations, guidelines, and standards. In the event of failure to
comply, the Agency/Operator agrees that the Coordinator may, at its discretion, seek a
court order requiring compliance with the terms of this assurance or seek other
appropriate judicial or administrative relief, to include assistance being terminated and
further assistance being denied.
J. The Agency/Operator agrees to indemnify and hold the Coordinator harmless for all claims,
cost (including legal fees), and expenses associated with the services provided under this
contract arising out of the negligent acts of the Agency/Operator.
K Comply with all standards and performance requirements of the:
The Commission for the Transportation Disadvantaged [ Attachment II ];
2. The local Coordinating Board approved Transportation Disadvantaged Service Plan
and;
3. Any entities that purchase service.
Failure to meet the requirements or obligations set forth in this Contract, and performance
requirements established and monitored by the Coordinating Board in the approved
Transportation Disadvantaged Service Plan shall be due cause for non-payment of
reimbursement invoices until such deficiencies have been addressed or corrected to the
satisfaction of the Coordinator.
Provide Corrective Action. A corrective action notice is a written notice to the Agency/Operator
that the Agency/Operator is in breach of certain provisions of this Contract and that correction
is required. Any corrective action notice will specify a reasonable time for corrective action to
be completed. The Agency/Operator agrees to implement the Corrective Action specified in
the notice and provide written documentation to substantiate the implementation of the
Corrective Action.
M. All contracts, subcontracts, coordination contracts will be reviewed annually by the Coordinator
and local Coordinating Board for conformance with the requirements of this Contract.
N. Return to the Coordinator any overpayments due to unearned funds or funds disallowed
pursuant to the terms of this Contract that were disbursed to the Agency/Operator by the
Coordinator. The Agency/Operator shall return any overpayment within thirty (30) calendar
days after either discovery by the Agency/Operator, or notification of the Agency/Operator by
the Coordinator or entity purchasing transportation, whichever is earlier. In the event that the
Coordinator first discovers an overpayment has been made, the Coordinator will notify the
Agency/Operator by letter of such a finding. Should repayment not be made in a timely
manner, the Coordinator or purchasing entity will charge interest after thirty (30) calendar days
after the date of notification or discovery, or the Coordinator will deduct said amount from
future invoices.
O. In performing this Contract, the Agency/Operator shall not discriminate against any employee
or applicant for employment because of race, age, disability, creed, color, sex or national
origin. Such action shall include, but not be limited to, the following: employment upgrading,
demotion or transfer; recruitment or recruitment advertising; layoff or termination; rates of pay
or other forms of compensation; and selection for training, including apprenticeship. The
Agency/Operator shall insert the foregoing provision modified only to show the particular
contractual relationship in all its contracts in connection with the development of operation of
the Contract, except contracts for the standard commercial supplies or raw materials, and
shall require all such contractors to insert a similar provision in subcontracts relating to the
performance of this Contract, except subcontracts for standard commercial supplies or raw
materials. The Agency/Operator shall post, in conspicuous places available to employees
and applicants for employment for Project work, notices setting forth the provisions of the
nondiscrimination clause.
P. By execution of this Contract, the Agency/Operator represents that it has not paid and, also,
agrees not to pay, any bonus or commission for the purpose of obtaining an approval of its
application for the financing hereunder. Funds disbursed to the Agency/Operator under this
Contract shall not be expended for the purpose of lobbying the Legislature, the judicial branch,
or a state agency.
THE COORDINATOR SHALL:
A. Recognize the Agency/Operator as described in Chapter 427, F.S., and Rule 41-2, F.A.C.
B. Insure that entities with transportation disadvantaged funds will purchase Transportation
Disadvantaged services through the coordinated system.
C. At a minimum, annually monitor the Agency/Operator for insurance, safety and reporting
requirements, pursuant to Chapter 427, F.S., and Rule 41-2, F.A.C. The information
contained in the Annual Operating Report must be collected, at a minimum, quarterly from the
Agency/Operator.
THE OPERATOR AND COORDINATOR FURTHER AGREE:
A. Nothing in the Contract shall require the Coordinator to observe or enforce compliance with
any provison thereof, perform any other act or do any other thing in contravention of any
applicable state law. If any provision of the Contract is found by a court of law to violate any
applicable state law, the purchasing entity will at once notify the Coordinator in writing in order
that appropriate changes and modification may be made by the Coordinator and the
Agency/Operator to the end that the Agency/Operator may proceed as soon as possible with
the provision of transportation services.
B. If any part or provision of this Contract is held invalid; the remainder of this Contract shall be
binding on the parties hereto.
C. Termination Conditions:
Termination at Will - This Contract may be terminated by either party upon no less than
thirty (30) days notice, without cause. Said notice shall be delivered by certified mail,
return receipt required, or in person with proof of delivery.
2. Termination due to Lack of Designation - In the event that the Coordinator so
designated by the local Coordinating Board and approved by the Commission, loses its
designation, this contract is terminated immediately upon notification to the
Agency/Operator. Notice shall be delivered by certified mail, return receipt requested,
or in person, with proof of delivery. Notice shall be effective upon receipt.
3. Termination due to Disapproval of Memorandum of Agreement - In the event that the
Commission does not accept and approve any contracted transportation rates listed
within the Memorandum of Agreement, this Contract is terminated immediately upon
notification to the Agency/Operator. Notice shall be delivered by certified mail, return
receipt requested, or in person, with proof of delivery. Notice shall be effective upon
receipt.
4. Termination due to Lack of Funds - In the event funds to finance this contract become
unavailable, the Coordinator may terminate the contract with no less than twenty-four
(24) hours written notice to the Agency/Operator. Notice shall be delivered by certified
mail, return receipt requested, or in person, with proof of delivery. Notice shall be
effective upon receipt. The Coordinator shall be the final authority as to the availability
of funds.
5. Termination for Breach - Unless the Agency/Operator's breach is waived by the
Coordinator in writing, the Coordinator may, by written notice to the Agency/Operator,
terminate this Contract upon no less than twenty-four (24) hours notice. Notice shall be
delivered by certified mail, return receipt requested, or in person with proof of delivery.
Waiver by the Coordinator of breach of any provision of this Contract shall not be
deemed to be a waiver of any other breach and shall not be construed to be a
modification of the terms of this Contract, and shall not act as a waiver or estoppel to
enforcement of any provision of this Contract. The provisions herein do not limit the
Coordinator's right to remedies at law or to damages.
3. Upon receipt of a notice of termination of this Contract for any reason, the
Agency/Operator shall cease service and prepare all final reports and documents
required by the terms of this Contract. A final invoice shall be sent to the Coordinator
within thirty (30) days after the termination of this Contract.
7. The Coordinator shall pay all bills within 7 days to the Agency/Operator after receipt of
said payment by the CTD. Nonpayment to the Agency/Operator shall be a breach for
which Agency/Operator may give 24-hour notice of termination of the contract.
D. Renegotiations or Modifications of this Contract shall only be valid when they have been
reduced to writing, duly approved by the Coordinator, and signed by both parties hereto.
E. Agency/Operator shall assign no portion of this Contract without the prior written consent of
the Coordinator.
F. This Contract is the entire agreement between the parties.
G. Attachments I and II are an integral part of the Contract and are hereby incorporated by
reference into this Contract. All subsequent attachments are of an optional nature.
H. Notice and Contact:
The name and address of the contract manager for the Coordinator for this Contract is:
Maureen Grynewicz
Guidance Clinic of the Middle Keys
3000 415t Street, Ocean
Marathon, FL 33050
The representative/position of the Agency/Operator responsible for administration of the
program under this contract is:
Administrator, Transportation
Monroe County Transportation
1100 Simonton Street
Key West, Florida 33040
In the event that different representatives are designated by either party after execution of this
Contract, notice of the name and address of the new representative will be rendered in writing
to the other party and said notification attached to originals of this Contract.
This contract and its attachments contain all the terms and conditions agreed upon by the parties
hereto.
WITNESS WHEREOF, the parties hereto have caused these presents to be executed.
AGENCY/OPERATOR:
Monroe County Board of County
Commissioners
[ Agency/Operator Name ]
.,Xo-ri0 Di Gennnro
Typed/Printed Name of Authorized
Individual
/LI a yoy
Title ate
Signature
COMMUNITY TRANSPORTATION
COORDINATOR
Guidance Clinic of the Middle Keys
[ Coordinator Name]
Maureen Grynewicz
Typed/Printed Name of Authorized
Individual
Transportation Director I I I3b (0
Title ate
1,1;f 0 -
Signlb�ure
` eccaK MONROE COUNTY ATTORNEY
tti(1� AP ROVED AS T FjJd:
ZANNE A. UTTON
COUNT A]fORJfE� -
ATTACHMENT
AGENCY/OPERATOR CONTRACT
SERVICE DESCRIPTION
The Agency/Operator will be able to provide: (type of service)
Ambulatory and wheelchair service, paratransit
2. The Agency/Operator will be available to provide transportation (schedule)
Monday thru Friday, 7:00 am to 6:00 pm
3. Days Agency/Operator will not be able to provide services:
Service will not be provided on Saturday and Sunday or County holidays
4. Vehicles Agency/Operator will use to transport all passengers(f/eet list- if list does not fit
in this section, please attach a separate sheet — please also include number of seats and w/c
capacity)
5. Vehicle/Equipment Standards
Air Conditioning, first aid kit, fire extinguisher, warning triangles, 2 way radios
6. Driver Requirements
License type depended on FL DOT requirements, 3 year clean driving record, CPR & First Aid,
HIV training, Physicals, Defensive Driving, Drug Screening (see FAC 41-90 and requirements
illustrated throughout contract)
Training
Current CPR and First Aid certification, HIV/AIDS, Defensive Driving, Pre -employment and
biennial driver physicals, ADA training (see FAC 41-90 and requirements illustrated throughout
contract)
Reporting Requirements
Quarterly Operating Reports, Annual Review (conducted by CTC)
9. Agency/Operator fare structure
$5.70 per one way trip, plus $0.31 per mile
Monroe County Transportation will pay a $0
in excess of 10 miles per one way trip.
.20 administrative fee per one way trip to the CTC.
Trips will be reimbursed on a priority of need basis. The priority structure will be as follows:
St
1 Priority - Medical (Medical reasons include trips to treatment, the doctor,
dentist, chiropractor, the hospital and to purchase prescriptions.)
2"d Priority — School/Day Care
rd
3 Priority - Other (Other includes transport for the purpose of conducting personal
business. - i.e. shopping, going to the bank...)
10. Billing/Invoicing and Reimbursement procedure for Agency/Operator
Monthly invoices
ATTACHMENT II
The Commission for the Transportation Disadvantaged
Standards and Performance Requirements
Pursuant to Rule 41-2.006, Florida Administrative Code, the Community Transportation Coordinator
and any Transportation Operator/Agency from whom service is purchased or arranged by the
Community Transportation Coordinator shall adhere to Commission approved standards. These
standards shall include:
(a) Drug and alcohol testing for safety sensitive job positions within the coordinated system
regarding pre -employment, randomization, post -accident, and reasonable suspicion as
required by the Federal Highway Administration and the Federal Transit Administration;
(b) An escort of a passenger and dependent children are to be transported as locally negotiated
and identified in the local Transportation Disadvantaged Service Plan;
(c) Child restraint devices shall be determined locally as to their use, responsibility, and cost of
such device in the local Transportation Disadvantaged Service Plan;
(d) Passenger property that can be carried by the passenger and/or driver in one trip and can be
safely be stowed on the vehicle, shall be allowed to be transported with the passenger at no
additional charge. Additional requirements may be negotiated for carrying and loading rider
property beyond this amount. Passenger property does not include wheelchairs, child seats,
stretchers, secured oxygen, personal assistive devices, or intravenous devices;
(e) Vehicle transfer points shall provide shelter, security and safety of passengers;
(f) A local toll free phone number for complaints or grievances shall be posted inside the vehicle.
The local complaint process shall be outlined as a section in the local Transportation
Disadvantaged Service Plan including, advising the dissatisfied person about the
Commission's Ombudsman Program as a step within the process as approved by the Local
Coordinating Board;
(g) Out of service area trips shall be provided when determined locally and approved by the local
Coordinating Board, except in instances where local ordinances prohibit such trips;
(h) Interior of all vehicles shall be free from dirt, grime, oil, trash, torn upholstery, damaged or
broken seats, protruding metal or other objects or materials which could soil items placed in
the vehicle or provide discomfort for the passenger;
(i) Billing requirements of the Community Transportation Coordinator to subcontractors shall be
determined locally by the local Coordinating Board and provided in the local Transportation
Disadvantaged Service Plan. All bills shall be paid within 15 calendar days to subcontractors,
after receipt of said payment by the Community Transportation Coordinator, except in
instances where the Community Transportation Coordinator is a non -governmental entity;
(j) Passenger/trip database must be maintained or accessible by the Community Transportation
Coordinator on each rider being transported within the system;
(k) Adequate seating for paratransit services shall be provided to each rider and escort, child, or
personal care attendant, and no more passengers than the registered passenger seating
capacity shall be scheduled or transported in a vehicle at any time. For transit services
provided by transit vehicles, adequate seating or standing space will be provided to each rider
and escort, child, or personal care attendant, and no more passengers than the registered
passenger seating or standing capacity shall be scheduled or transported in a vehicle at any
time;
(1) Drivers for paratransit services, including coordination contractors, shall be required to
announce and identify themselves by name and company in a manner that is conducive to
communications with the specific passenger, upon pickup of each rider, group of riders, or
representative, guardian, or associate of the rider, except in situations where the driver
regularly transports the rider on a recurring basis. Each driver must have photo identification
that is in view of the passenger. Name patches, inscriptions or badges that affix to driver
clothing are acceptable. For transit services, the driver photo identification shall be in a
conspicuous location in the vehicle;
(m) The paratransit driver shall provide the passenger with boarding assistance, if necessary or
requested, to the seating portion of the vehicle. The boarding assistance shall include
opening the vehicle door, fastening the seat belt or utilization of wheel chair securement
devices, storage of mobility assistive devices, and closing the vehicle door. In certain
paratransit service categories, the driver may also be required to open and close doors to
buildings, except in situations in which assistance in opening/closing building doors would not
be safe for passengers remaining on the vehicle. Assisted access must be in a dignified
manner. Drivers may not assist wheelchair up or down more than one step, unless it can be
performed safely as determined by the passenger, guardian, and driver;
(n) All vehicles ordered or put into service after adoption of this section of the Rule, and providing
service within the coordinated system, shall be equipped with two-way communications in
good working order and be audible to the driver at all times to the base. All vehicles that are
not equipped with two-way communications shall have two years to be in compliance after the
adoption date of this section of the Rule;
(o) All vehicles ordered or put into service after the adoption of this section of the Rule, and
providing service within the coordinated system, shall have working air conditioners and
heaters in each vehicle. Vehicles that do not have a working air conditioner or heater will be
scheduled for repair or replacement as soon as possible. All vehicles that are not equipped
with an air conditioner shall have two years to be in compliance after the adoption date of this
section of the Rule;
(p) First Aid shall be determined locally and provided in the local Transportation Disadvantaged
Service Plan; and
(q) Cardiopulmonary Resuscitation shall be determined locally and provided in the local
Transportation Disadvantaged Service Plan.
EXHIBIT F (1) 2007
Federal Register/Vol. 71, No. 215/Tuesday, November 7, 2006/Notices 65359
APPENDIX A
FEDERAL FISCAL YEAR 2007 CERTIFICATIONS AND ASSURANCES FOR
FEDERAL TRANSIT ADMINISTRATION ASSISTANCE PROGRAMS
(Signature page alternative to providing Certifications and Assurances in TEAM -Web)
Name of Applicant: Monroe County Board of County Commissioners
The Applicant agrees to comply with applicable provisions of Categories 01— 23. X
OR _
The Applicant agrees to comply with the applicable provisions of the following Categories
it has selected:
Category
Description
01.
For Each Applicant.
02.
Lobbying.
03.
Procurement Compliance.
04.
Private Providers of Public Transportation.
05.
Public Hearing.
06.
Acquisition of Rolling Stock.
07.
Acquisition of Capital Assets by Lease.
08.
Bus Testing.
09.
Charter Service Agreement.
10.
School Transportation Agreement.
IL
Demand Responsive Service.
12.
Alcohol Misuse and Prohibited Drug Use.
13.
Interest and Other Financing Costs.
14.
Intelligent Transportation Systems.
15.
Urbanized Area Formula Program.
16. Clean Fuels Grant Program.
17. Elderly Individuals and Individuals with Disabilities Formula Program and Pilot Program.
18. Nonurbanized Area Formula Program.
19. Job Access and Reverse Commute Program.
20. New Freedom Program.
21. Alternative Transportation in Parks and Public Lands Program.
22, Infrastructure Finance Projects.
23. Deposits of Federal Financial Assistance to a State Infrastructure Banks.
EXIIIBIT F (2) 2007
65360 Federal Register/Vol. 71, No. 215/Tuesday, November 7, 2006/Notices
APPENDIX A
(Required of all Applicants for FTA assistance and all FTA Grantees with an active capital or formula project)
AFFIRMATION OF APPLICANT
Monroe County Board of County Commissioners
Name of Applicant:
Name and Relationship of Authorized Representative: Mar10 Di_ Gennaro, Mayor
BY SIGNING BELOW, on behalf of the Applicant, I declare that the Applicant has duly authorized me to make
these certifications and assurances and bind the Applicant's compliance. Thus, the Applicant agrees to comply with
all Federal statutes, regulations, executive orders, and directives applicable to each application it makes to the
Federal Transit Administration (FTA) in Federal Fiscal Year 2007.
FTA intends that the certifications and assurances the Applicant selects on the other side of this document, as
representative of the certifications and assurances in this document, should apply, as provided, to each project for
which the Applicant seeks now, or may later, seek FTA assistance during Federal Fiscal Year 2007.
The Applicant affirms the truthfulness and accuracy of the certifications and assurances it has made in the
statements submitted herein with this document and any other submission made to FTA, and acknowledges that the
Program Fraud Civil Remedies Act of 1986, 31 U.S.C. 3801 et seq., and implementing U.S. DOT regulations,
"Program Fraud Civil Remedies," 49 CFR part 31 apply to any certification, assurance or submission made to FTA.
The criminal fraud provisions of 18 U.S.C. 1001 apply to any certification, assurance, or submission made in
connection with a Federal public transportation program authorized in 49 U.S.C. chapter 53 or any other statute
In signing this document, I declare under penalties of perjury that the foregoing certifications and assurances, and
any other statements made by moon *alf of the Applicant are true and correct.
Name Mario Df nnary� Mayor
Authorized Representative of Applicant
AFFIRMATION OF APPLICANT'S ATTORNEY
Date: 12/20/06
-.;ECLCBK
t.....'L'Li:r✓
For (Name of Applicant): Monroe County Board Of County Commissioners
As the undersigned Attorney for the above named Applicant, I hereby affirm to the Applicant that it has authority
under State and local law to make and comply with the certifications and assurances as indicated on the foregoing
pages. I further affirm that, in my opinion, the certifications and assurances have been legally made and constitute
legal and binding obligations on the Applicant.
I further affirm to the Applicant that, to the best of my knowledge, there is no legislation or litigation pending or
imminent that might adversely affect the validity of these certifications and assurances, or of the performance of the
Date: 12/20/06
Attorney for Applicant
Each Applicant for ETA financial assistance and each FTA Grantee with an active capital or formula project must provide an Affirmation of
Applicant's Attorney pertaining to the Applicant's legal capacity. The Applicant may enter its signature in lieu of the Attorney's signature,
provided the Applicant has on file this Affirmation, signed by the allomey and dated this Federal fiscal year.
[FR Doc. 06-9103 Filed 11-6-06; 8:45 aiLd
BILLING CODE 4910.57-C
EXHIBIT H (2007)
APPLICANT CERTIFICATION AND ASSURANCE TO FDOT
Monroe County Transit (BOCC)
The Monroe County Board of County Commissioners certifies and assures to the
Florida Department of Transportation in regard to its Application for Assistance
under 49 U.S.C. section 5310 dated December 20, 2006:
1) It shall adhere to all Certifications and Assurances made to the federal
government in its Application.
2) It shall comply with Section 341.051 Florida Statutes and Chapter 14-73,
Florida Administrative Code.
3) It has the fiscal and managerial capability and legal authority to file the
application.
4) Local matching funds will be available to purchase vehicles/equipment at
the time an order is placed.
5) It will carry adequate insurance to maintain, repair, or replace project
vehicles/equipment in the event of loss or damage due to an accident or
casualty.
6) It will maintain project vehicles/equipment in good working order for the
useful life of the vehicles/equipment.
7) It will return project vehicles/equipment to the Department if, for any
reason, they are no longer needed or used for the purpose intended.
8) It recognizes the Department's authority to remove vehicles/equipment
from its premises, at no cost to the Department, if the Department
determines the vehicles/equipment are not used for the purpose intended,
improperly maintained, uninsured, or operated unsafely.
9) It will not enter into any lease of project vehicles/equipment or contract for
transportation services with any third party without prior written approval of
the Department.
10)It will notify the Department within 24 hours of any accident or casualty
involving project vehicles/equipment, and submit related reports as
required by the Department.
11)lt will submit an annual financial audit report to the Department, if required
by the Department.
Date: December 20, 2006 Signature:
Mario Di Gennaro, Mayor
MONROE COUNTY, FLORIDA
COMPREHENSIVE ANNUAL
FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED
SEPTEMBER 30, 2005
DANNY L. KOLHAGE
CLERK OF THE CIRCUIT COURT
PREPARED BY:
rrr -, r•,r-y ^.� fIT r.nr ter rinr". i..r r"
r n R n-rn ar-^. fT
SANDRA CARLILE
FINANCE DIRECTOR
THIS PAGE INTENTIONALLY LEFT BLANK
0
MONROE COUNTY, FLORIDA
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
INTRODUCTORY SECTION
Transmittal Letter of the Clerk of the Circuit Court
Certificate of Achievement for Excellence in Financial Reporting
List of Elected and Appointed Officials
Organizational Chart
FINANCIAL SECTION
Independent Auditors' Report
Management's Discussion and Analysis
Basic Financial Statements:
Government -Wide Financial Statements
Statement of Net Assets
Statement of Activities
Fund Financial Statements
Balance Sheet -Governmental Funds
Reconciliation of the Balance Sheet of Governmental Funds to the
Statement of Net Assets
Statement of Revenues, Expenditures and Changes in Fund Balances -
Governmental Funds
Reconciliation of the Statement of Revenues, Expenditures, and Changes in
Major Governmental Funds: y
General Fund
Fine and Forfeiture Fund
Road and Bridge Fund
Governmental Grants Fund
HIDTA Grants Fund
Statement of Net Assets - Proprietary Funds
Statement of Revenues, Expenses and Changes in Fund Net Assets -
Proprietary Funds
Statement of Cash Flows - Proprietary Funds
Statement of Fiduciary Net Assets - Fiduciary Funds
Statement of Changes in Fiduciary Net Assets - Fiduciary Funds
Notes to the Financial Statements
,ombining and Individual Fund Statements and Schedules:
Combining Balance Sheet - NonMajor Governmental Funds
Combining Statement of Revenues, Expenditures and Changes in Fund
Balances -NonMajor Governmental Funds
juu6ut unu t Ctual
PAGE
Al - A5
A6
A7
A8
B1 - B2
C1 - C12
D1-D2
D3-D4
E1-E2
E3
E4 - E5
E7 - E11
E12 - E13
E14 - E15
E16 - E18
E19
E20 - E23
E24 - E25
E26 - E29
E30
E31
F1 - F28
G1 -G12
G13-G24
MONROE COUNTY, FLORIDA
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
Schedules of Revenues, Expenditures and Changes in Fund Balances Budget and Actual
Special Revenue Funds:
Affordable Housing Programs
Tourist Development, All Districts, Two Cent
Tourist Development, Administrative and Promotional, Two Cent
Tourist Development, District #One, Three Cent
Tourist Development, District #Two, Three Cent
Tourist Development, District #Three, Three Cent
Tourist Development, District #Four, Three Cent
Tourist Development, District #Five, Three Cent
Impact Fees - Roadways
Impact Fees - Parks and Recreation
Impact Fees - Libraries
Impact Fees - Solid Waste
Impact Fees - Police Facilities
Impact Fees - Fire and EMS
Fire and Ambulance, District #1 - Lower and Middle Keys
Upper Keys Health Care Special Taxing District
Fire and Ambulance, District #6 - Key Largo
Unincorporated Area Service District - Parks and Recreation
Unincorporated Area Service District - Planning, Building and Zoning
Local Housing Assistance
Municipal Policing
911 Enhancement Fees
lure Kav Serj?rity nistrint
Environmental Restoration
Law Enforcement Trust
Court Facility Fees
Drug Abuse Trust
Marathon Municipal Service
Conch Key Wastewater MSTU
Bay Point Wastewater MSTU
Big Coppitt Wastewater MSTU
Key Largo Wastewater MSTU
Comprehensive Plan Land Authority
She iffs Inmate Commissary
Sheriffs Impact Support
Sheriffs Off -Duty
Sheriffs Grants
Sheriffs South Florida Law Enforcement Trust
Sheriffs Shared Asset Forfeiture
Sheriffs Federal Forfeiture
Sheriffs HIDTA Administration
PAGE
G25
G26
G27
G28
G29
G30
G31
G32
G33
G34
G35
G36
G37
G38
G39
G40
G41
G42
G43-G44
G45
G46
G47
G48
49
�5l
G53
G54
G55
G56
G57
G58
G59
G60
G61
G62
G63
G64
G65
G66
G67
G68
G69
MONROE COUNTY, FLORIDA
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
Schedules of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
Special Revenue Funds: (continued)
Sheriffs Airport Services
Sheriffs Law Enforcement Trust
Sheriffs Fine and Forfeiture
Clerk's Modernization Trust
Clerk's Court Related
Debt Service Funds:
Infrastructure Sales Surtax Revenue Bonds, Series 2003
Capital Projects Funds:
Clerk's Revenue Note
Schedule of Revenues, Expenditures and Changes in
Major Governmental Funds:
One Cent Infrastructure Surtax Capital Project Fund
PAGE
G70
G71
G72
G73
G74
G75
Fund Balances - Budget and Actual G76
Infrastructure Sales Surtax Revenue Bonds, Series 2003 Capital Projects Fund
Combining Statement of Net Assets - Internal Service Funds
Combining Statement of Revenues, Expenses and Changes in Fund Net Assets -
Internal Service Funds
Combining Statement of Cash Flows - Internal Service Funds
Combining Statement of Fiduciary Net Assets - All Agency Funds
Combining Statement of Changes in Fiduciary Net Assets - All Agency Funds
! STATISTICAL SECTION
Fund Information:
Ueheidl 6UVel1l1lie11i LXpenuitures by t-unwjon
General Government Revenues by Source
Property Tax Levies and Collections
Assessed and Estimated Actual Value of Taxable Property
Property Value, Construction and Bank Deposits
Property Tax Rates - Direct and Overlapping Governments
Principal Taxpayers
Ratio of Net General Bonded Debt to Assessed Value and Net Bonded
Debt Per Capita
Computation of Direct Underlying and Overlapping Debt
Ratio of Annual Debt Service Expenditures for General Bonded Debt to
General Government Expenditures
Schedule of Revenue Bond Coverage - Municipal Service District Waste
Schedule of Insurance Companies
Schedule of Insurance Agencies
Salaries and Surety Bonds of Principal Officials
Demographic Statistical Data
Miscellaneous Statistical Data
G77
G78
G79 - G80
G81 - G82
G83 - G86
G87
G88 - G89
H1
H1
H2 - H3
H4-H5
H6
H7
H8
H9
H10
H11
H12
H13
H14
H15
H16 - H17
H18
H19
H2O - H21
MONROE COUNTY, FLORIDA
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
PAGE
SINGLE AUDIT/GRANTS COMPLIANCE SCHEDULES
Independent Auditor's Report on Internal Control over Financial Reporting and on
Audit of Financial Statements
11 - 12
Compliance and Other Matters Based on an
Government Auditing Standards
Performed in Accordance with
Auditor's Report on Compliance and Internal Control over Compliance
13 -14
Independent
Applicable to each Major Federal Awards Program and State Financial Assistance
Projects
Schedule of Expenditures of Federal Awards and State Financial Assistance
Awards and State Financial
15 - 120
121
Notes to Schedule of Expenditures of Federal
Assistance Projects
Findings and Questioned Costs - Federal Awards Programs and
122 - 123
Schedule of
State Financial Assistance Projects
Summary Schedule of Prior Audit Findings Federal Programs and State Projects
124
125 - 126
Independent Auditor's Management Letter
W
BRANCH OFFICE
MARATHON SUB COURTHOUSE
3117 OVERSEAS HIGHWAY
MARATHON, FLORIDA 33050
TEL. (305) 289-6027
FAX (305) 289-1745
March 27, 2006
CLERK OF THE CIRCUIT COURT
MONROE COUNTY
MONROE COUNTY COURTHOUSE
00 WHITEHEAD STREET, SUITE 101
KEY WEST, FLORIDA 33040
TEL. (305) 292-3550
FAX (305) 295-3663
The Honorable Charles "Sonny" McCoy
Mayor, Board of County Commissioners
Monroe County, Florida
Dear Mayor McCoy:
BRANCH OFFICE
PLANTATION KEY
GOVEER
88820 OVERSEAS HIGHENT WAY
PLANTATION KEY, FLORIDA 3307o
TEL. (305) 852-7145
FAX (305) 852-7146
It is our pleasure to present to you, the Board of County
roe County, Florida Comprehensive Annual Financial Re Report (CACommissioners and the citizens, the Mon -
September 30, 2005. Chapter 218.39 of the Florida Statutes requires an independent certified
Public accountant to audit the financial statements of counties in the FR) for the fiscal year ended
Single Audit Act, the Florida Single Audit Act and the federal OMB
pendent auditor t report on the State. In addition, the Federal
ments concerning the administration of federal awards and state fi an iaaass'st n e. require an inde-
g government's internal controls and compliance with legal require -
is published to fulfill these requirements.
This report
This report was nrenarnrf r),. ,,_ r...
of Monroe County. °' 'lie clerk of the Circuit Court as Chief Financial Officer
Y We assert that, to the best of our knowledge and belief, this financial report is
'IV pi esen-
complete and reliable in all material aspects. It is presented in a format designed to fair)
the financial position and results of operations of Monroe County as measured by the financial ac-
tivity of its various funds; and that all disclosures needed to allow the reader to y present
sive understanding of the County's financial activity have been included.
The County has established a comprehensive internal control framework that i gain i ced both
the County's assets from loss, theft or misuse and to compile sufficient reliable accounting
information for financial statement preparation in conformitys designed both to
accounting principles (GAAP) established by the Government Accounting
Be-
cause the cost of internal controls should not outweigh theirvbe efits,dtheaobjective is to
tes generally accepted
reasonable rather than absolute assurance that the financial statement wi will free of matendards Board. rial
misstatement. provide
Cherry, gekaert, and Holland,
County, Florida financial statements for a issued an unqualified eclean") opinion on the Monroe
port is located at the front of the financial secttiioneoftthisbrrepor 2005.
The independent
A-1
Management's discussion and analysis (MD&A) can be found immediately following the in cfina -
ent auditor's report and provides a narrative introduction, overview and analysis of the basic should
be
cial statements. This letter of transmittal is designed to complement the MD&A and should be
read in conjunction with it.
Monroe County Profile
Basic Ins 1on
Monroe County was constitutionally formed in s into the It is comprised a n.These
The County Bleat,
lands that stretch more than one hundred miles i a series of forty-two bridges. These islands are con,
nected in a chain -like fashion to the mainland by
Cuba lies a mere
Key West, is approximately one hundred fifty miles southwest of Miami. Havana,
ninety miles to the south.
policy decisions are vastell od wh areae elected. The
Monroe County is Len s non-charter
tive authority and p lisped under the Constitution the and the laws oft e
State of Florida 9
Commissioners consisting of the mayor and four other mem ers,
operation of other specific government functions residesof Elections Constitutional Thend p positions
collearerths.e Clerk
tor. Monroe
Offices are elective and theiraiser,es 'Sheriff,eSupervisor of of their health and social services,remergen Y
of the Court, Property App
County provides a full range of services including roads,
medical services, park and recreational services, solid waste services, airport services and other
governmental services.
Reporti_ n_°
ur oses, the County's reporting entity consists Compehenns Comprehensive Plan Land
he Board of County
For financial reporting p p
the Monroe Countyart of Monroe
Commissioners and the Constitutional Officers, 2) Ie -3r%o� �ntahie, and (1) the Monroe
Ai ithor�ty, a blanded component unit which though legally separate is, in substance, p
�_ ., (
countable to rviourue �uu"i
y n� : incomplete 1 ne Muniue uuunty
would cause the County's financial statements to ate column in the combined misleading or incomefinancial statements
Housing Finance Atthois leg is reported
i from he County and
untto differentiate
ffe ntialtinformation l onphet O
to emphasize that
results of operations, and cash flows from those of the County.
component units can onroeefound Count in the
Mosquito Control s to the financial
Ihaveenotnmet the restabl shed criteria for
Board and the M
inclusion in the reporting entity, and accordingly, are excluded from this repo .
Bud°et year for all
Formal budgetary
integration is employed as a management control device during the Y follows
fund types except as described in the notes pt the financial statements. Monroe County each requiring a
eta control by
the laws of Florida
Counga� mmssioncontrol,
has ndc�ealsed thealeveldof budgement of tary budget
chanuesg each fis-
Cal year. The Y
County Commission resolution for the all cost center (departmental) ved by the
Florida Department
Budgets for the Property Appraiser and the Tax Collector are approved by
the Board of County Commissioners.
budgets which are submitted to and ap-
of Revenue and are adopted as part of the General Fund y
The Sheriff and Supervisor of Elections prepare their
A-2
proved by the Board. The Clerk of the Court's budget is divided between court related functions
funded by court related revenues, court related functions required to be funded by the Board of
County Commissioners and non -court related functions. The court related portion of the Clerk's
budget funded by court related revenues is approved by the Clerks of Court Operations Corpora-
tion. The rest of the Clerk's budget is approved by the Board of County Commissioners and in-
cluded as part of the General Fund.
Economic Condition
Local Economy
Monroe County occupies a unique and very
islands offers a year-round mild climate and extensive recreational water activities. This makes
the Florida Keys and Key West a major domestic afnd international tourist destination.ful corner of the U.S. Our subtropical chain of
top ten taxpayers in Monroe County are hotels. The price er pay for our location and climate is the
susceptibility to seasonal hurricanes. This past year saw four major hurricanes threaten lthe Flor-
ida Keys, one of which was unusually early in the season and one of which was unusually late.
Monroe County escaped serious environmental consequences from the first three hurricanes, but
sustained serious damage from the fourth hurricane in October, 2005. The tourist industry was af-
fected by all four hurricanes, as he fourth
cave's projected path. This is the second year that Monroe County has experienced four hurricane
threats. However, airplane passenger arrivalso haveoconns ti continued to re in ease from tary if the ry 3 in a 004
levels. Tourist and recreational sales have strengthened from January through August, but did not
reach 2003 levels for the rest of 2005. 003 and 2004
Property values are stable, despite two years of unusually active hurricane seasons.
Year period, property tax collections have risen 31%. Over the same period, total assesOver a sed value
of taxable property has increased 140%. All taxable sales have increased 3.9% from 2 04 levees
and 11.5% from 2003 levels. The County continues to experience a strop
ment.
g economic environ-
n.; 1.
.ui"'A"y e'lluyed a strong job mar -
Local revenues and expenditures continue to be affected by intergovernmental pressures from re-
duced federal and state aid, lack of funding for federal and state -mandated programs and ser-
vices, and the increased demands for stronger public safety services, affordable health insurance
and affordable housing.
Long-term Financial Plannin
The County has developed the Monroe County Year 2010 Comprehensive Plan.
been approved by the state, and describes the Count 's
tion and coastal management; traffic circulation; This plan has
y goals in the areas of land use; conserva-
affordable housing; potable water; mass transit; ports, aviation and related facilities;
groundwater aquifer recharge; solid waste; sanitary sewer; storm capital improvements. g recreation and open space; inter water drainage; natural
governmental coordination; and
The County has implemented an employee recruitment and retention program.
reduced by approximately 20% from 1998 levels as a result of the incorporation of the City of
Marathon and the Village of Islamorada. The County has cautiously begun to add employees as it
A-3
fter the
ns within
now has a base of experience concerning personnel needs required proximately 18%rduring 2004.
the County. The County had been experiencing turnover rates'u approximately
The rate of employee turnover was improved by addingesta rducontin t alsouesto,focus on his area in
to better match salaries with the local cost of living.
attempt to balance costs, services to Monroe County citizens, and fair compensation to its em-
its
ployees.
Relevant Financial Policies
proved an appropriation policy whereby 72.5% of estimated ending fund
During 2005, the Board ap
in the budget process as opposed to the previous policy of 70% of es -
balances are appropriated
timated fund balance for the prior year.
Major I_ ni iat'ves
Several projects were underway
in 2005 in furtherance of the County's Comprehensive West,
Capital project improvements included the construction of a new judicial building in Key
upper keys government center. These
construction and renovation of several fire stations, a new medical examiner facility, courtroom im-
provements in Marathon and Plantation Key,and a new upp
improvements are to be funded from the County's capital project funds.
construction of
new Key West air-
ss of
ng bonds to assist
n the
Tort terminal. in the
The bond eproeeds,l federal and state Tent lement revenues, b d apical project
P
in late 2006funds will r after a modem more secure the bond financ ng has been'Iobtained. County plans to solicit bids for the project
e taxing districts have been created to support the cost of wastewater pro -
Six new municipal service Keys, Big Pine and Summerland Keys, Conch Key,
jects in Stock Island, Cudjoe and Sugarl
Long Key and the City of Layton, and Duck Key.
These districts have not assessed taxes to date dis-
t Authority, a
state special
pending the coordination of effortwitthelloaaeysgstormaterpojectsare in the final
trri she Rin r`(1�nitt KF,^ Sk d
a
Awards and Acknowledgments
the United States FOawarded
The Government Finance officers Association of
ing to Monroe County, fors
ennt for in Financial Repc
a Certificate of Achievemc
4.
Comprehensive Annual Financial Report for the fiscal year ended September prestigious
200w This was
der tovbetawa awarsecutive year that the government ded Certificate of Achievement, a governmenthievmust ed 1p ubesh st satis`ilyboth U. .
and efficiently organized comprehensive annual financial
l reporequirements.t. This port must satisfy both U.S.
generally accepted accountingprinciples and applicableWe believe that our current
A Certificate of Achievement is valid for a period of one year only.
comprehensive
va d we annual financialre reporting CO tlhe GFOA tonues to tdeterrm nthe le1 itscate formanotherg etifs
requ
cate.
The e Pit also io
submits
Awardsfor seven document to GFOA, and has received GFOA's Distinguished
Budget
A-4
This report is the product of the dedication of the Finance Department under the direction of the
Clerk of the Circuit Court of Monroe County as Auditor and Chief Financial Officer to the Board of
County Commissioners. We would like to express our appreciation to the entire Finance Depart-
ment, as well as other County departments, for their assistance in the preparation of this report.
We also extend our thanks and appreciation to our independent auditors Cherry, Bekaert and Hol-
land, L.L.P. for their outstanding efforts and assistance. In closing, we thank the County Commis-
sioners for their interest and support to us throughout the year.
Sincerely,
Dantlyk. Kolhage Sandra Carlile
Clerk of the Circuit Court Finance Director
and Chief Financial Officer
i
Certificate of
Achievement
for Excellence
in Financial
Reporting
_, 11 Presented to
Monroe County,
Florida
For its Comprehensive Annual
Financial Report
for the Fiscal Year Ended
September 30, 2004
A Certificate of Achievement for Excellence in Financial
Reporting is presented by the Government Finance Officers
Association of the United States and Canada to
,.r,. 1 11 ;,., ,•t
standards in government accounting
and financial reporting.
_yGE
t fa
w
President
K� am P`
aKw
DD Executive Director
F
IE.
0
MONROE COUNTY, FLORIDA
BOARD OF COUNTY COMMISSIONERS
DIXIE M. SPEHAR, MAYOR
DISTRICT 1
CHARLES "SONNY" MCCOY
DISTRICT 3
GEORGE R. NEUGENT
DISTRICT 2
COUNTY ADMINISTRATOR
THOMAS J. WILLI
DAVID P. RICE
DISTRICT 4
MURRAY E. NELSON
DISTRICT 5
CLERK OF THE CIRCUIT COURT AND
CHIEF FINANCIAL OFFICER
DANNY L. KOLHAGE
A-7
I
yr
X
��i
IV
Cd
G
r
CL
0
V
-,
0
Independent Auditors' Report
0
To the Honorable Mayor and Board
of County Commissioners of
Monroe County, Florida:
We have audited the accompanying financial statements of the governmental activities, the
business -type activities, each major fund, and the aggregate remaining fund information of
Monroe County, Florida (the "County"), as of and for the year ended September 30, 2005, which
collectively comprise the Countys basic financial statements as listed in the table of contents.
These financial statements are the responsibility of the County's management. Our
responsibility is to express opinions on these financial statements based on our audit. We did
not audit the financial statements of the Monroe County Housing Finance Authority. Those
financial statements were audited by other auditors whose report thereon has been furnished to
us, and our opinion, insofar as it relates to the amounts included for the Monroe County Housing
Finance Authority, is based solely on the report of the other auditors.
We conducted our audit in accordance with auditing standards generally accepted in the United
States of America and standards applicable to financial audits contained in Government
Auditing Standards issued by the Comptroller General of the United States. Those standards
require that we plan and perform the audit to obtain reasonable assurance about whether the
financial statements are free of material misstatement. An audit includes examining, on a test
basis, evidence supporting the amounts and disclosures in the financial statements. An audit
nl�n in^lodes assessinq +ha acc�unfinq principles used and significant estimates made by
In our opinion, based upon our audit and the report of other auditors, the financial statements
referred to above present fairly, in all material respects, the financial position of the
governmental activities, the business -type activities, the discretely presented component unit,
each major fund, and the aggregate remaining fund information of the County as of September
30, 2005, and the respective changes in financial position and cash flows, where applicable,
thereof and the respective budgetary comparison for the General Fund, the Fine and Forfeiture
Fund, the Road and Bridge Fund, the Governmental Grants Fund and the HIDTA Grants Fund
for the year then ended in conformity with accounting principles generally accepted in the United
States of America.
In accordance with Government Auditing Standards, we have also issued our report dated
March 1, 2006 on our consideration of the County's internal control over financial reporting and
our tests of its compliance with certain provisions of laws, regulations, contracts, and grant
agreements and other matters. The purpose of that report is to describe the scope of our testing
of internal control over financial reporting and compliance and the results of that testing, and not
to provide an opinion on the internal control over financial reporting or on compliance. That
report is an integral part of an audit performed In accordance with Government Auditing
Standards and should be considered in assessing the results of our audit.
9M
ired part of the
is
ic
The management's discussion and analysis
ectionequire t by the GovernmentalasAcc�ounting
nancial
statements but is supplementaryinformation
Standards Board. a have
egaPd ng thealmethods ofOf
omeasuremenit andnpresen ationpofythe
inquiries of management
required supplementary information. However, we did not audit the information and express n
opinion on it.
collectively comprisected thef or County'stherpose baa c financial statements. theThe a ncial nt statements
esection,
combining financial stateme, supplemental schedules and statistical tables listed in the
ants
foregoing table of contents are presented for purposes of additional analysis and are not a
required part of the basic financial statements. The accompanying Schedules of Expenditures
of he
Fe nr lanalys ssaa required by theStEcUlS. iaspffice of Management andsistance are also tBudgetfor tCi cularpurpA-133f
ati
d Non-Prorit
10.550,
ter
of the Auditor General, and r are e n Organizations
Auits of States, Local not arequired partof the basic f nancialpstatemen s. RulesThe
combining financial statements and supplementary schedules and the accompanying Schedules
of Expenditures of Fedel1edAn our and ofState
the basic financncial ial statements nd, n oance have been ur opiniojected n athe
re
auditing procedures app
fairly presented in all material respects when considered in relation to the basic fiot nancial
statements taken as a whole. The introductory section audit and the basci f l tabiesshave n tsb and,
een
subjected to the auditing procedures applied in h
accordingly, we express no opinion on them.
West Palm Beach, Florida
NA- .i, . '110�
3-2
Management's Discussion and Analysis
As Finance Department management under the direction of the Chief Financial Officer and Clerk of the
Circuit Court in Monroe County, we offer readers this narrative overview and analysis of the financial
activities of Monroe County Government for the fiscal year ended September 30, 2005. We encourage
readers to consider this information in conjunction with additional information furnished in the letter of
transmittal of the report and the basic financial statements for an overall view of Monroe County's
activities.
Financial Highlights
• Monroe County's total net assets exceeded its liabilities at September 30, 2005 by
$398,043,118, an increase of $26,894,091. Net assets for governmental activities were
$331,808,892 and $66,234,226 for business -type activities.
• Unrestricted net assets, available for Monroe County's ongoing obligations to citizens and
creditors were $94,420,793, an increase of $9,630,757. Governmental activity unrestricted
net assets were $73,649,807. Business -type activity unrestricted net assets were
$20,770,986.
• At September 30, 2005 Monroe County's governmental fund statement reported combined
ending fund balances of $175,797,458. Of this amount, $166,807,124 remains in the various
fund types of Monroe County as unreserved.
• The General Fund reported a fund balance of $27,765,786, an increase from the last fiscal
year of $7,737,777.
• Bonded debt and loans of Monroe County decreased $2,095,363 in 2005. Monroe County's
percentage of bonded debt and loans compared to net assets decreased 1.0 % to 6.2%.
This discussion and analysis is intended to serve as an introduction to Monroe County Government's
basic financial statements, which include government -wide statements, fund statements, as well as
notes to the financial statements. This report also contains other supplementary information in addition
to the basic financial statements.
Government -Wide Financial Statements
Government -wide financial statements are designed to provide the reader with a broad overview of the
financial position of Monroe County and are similar to private -sector financial statements. They include
a Statement of Net Assets and a Statement of Activities. These statements appear on pages D-1
through D-4 of this report.
The Statement of Net Assets shows the County's assets less its liabilities at September 30, 2005. The
difference between these assets and liabilities is reported as net assets. Changes in net assets over
time may be indicative of an improving or deteriorating financial position. Net assets are reported in
three categories: 1) invested in capital assets, net of related debt, 2) restricted, and 3) unrestricted.
The Statement of Activities, which follows the Statement of Net Assets, presents information showing
how the net assets changed during fiscal year 2005. The statement presents all underlying events,
C-1
ve of the
ng of the
ated cash
ws. Thus, revenues and
which contribute
in this statement) for sometli elms that will lonly affect loc sh flows in future fiscal
expensesand
periods. Suc
vacati,h items on leave,) all of which will producee revenues s ha ges expenses cash in a future fiscal period. -urred but not yet aid as well as
unused
Both statements attempt to distinguish functions of^ac ro ties) from e Counttotherr functions hat are ' that arepally n'te ded
taxes and intergovernmental revenues (governmental
to recover ces
all or a ties).icaGovernmentalon of t activi activitiesir costs
through reported in theestatements. include general
(business -type activities).
government, public safety, physical environment, transportation, economic environment, human
services, airports, culture and recreation, and court related. solid waste and landfill operations, and the Card 'Sound Roaactivities
and Toll Bridge.Monroe County's
airpo ,
he
Finance Authority,
The hgvernmos co s deredda legs lylseparate component unit ments also report tThis financial nformationnroe County 'sgreported separately
whit
from the primary government's financial information.
Fund Financial Statements sed to maintain control over resources that have been
s that is u
e ured gated Poogruping of
is a r specific activt es or bjtect objectives. Monroe County, l ke other state and local governments,
s g g
uses fund accounting to ensure and demonstrate compliance with finance -related legal requirements.
All of the funds of Monroe County can be divided into three general categories. governmental,
proprietary and fiduciary funds.
Governmental Funds s those government-
Governmental
e Funds describedabove.account
co nt for the
same
kefunctions
an ent widens statements, this rted in the set of
wide
financial resources available able atocuses on events that the end of he fiscal year, which near-term
narrinfower focus than theows and ogovernmen ws of spendable
financial statements. Such information may be useful in evaluating the available spendable resources.
It can be useful
topresented forpgre the overnmentalmact� itiese sented for n the government wide statements. WTherefo e,
information
reconciliations
wide statements a ments to assist in this hcompar stun the governmental fund statements and the
9
, dsbt financial
ce and capital projectresent cial
funds County'srmation for the
The governmental fundindividually
general, special revenue,
presented as major funds in Monroe County's statements include: the General Fund, four Special
Revenue Funds: Fine and Forfeiture, Road and Bridge, Governmental Grants, and HIDTA Grants, and
two capital project funds: One Cent Infrastructure Surtax and Infrastructure Sales Surtax Revenue
Bonds, Series 2003.
Although there are many smaller governmental funds in Monroe County, they have been presented n a
total column "Other Governmental Funds." These non -major funds are presented individually in the
combining and individual fund statements section of the report.
Proprietary Funds
Monroe County maintains two different ntypes 20 throughf proprietary
of this r, enterprise and internal service. The
proprietary fund statements appear
C-2
0
Enterprise funds are used to report business -type activities in the government -wide financial
statements. Monroe County maintains four major enterprise funds: Municipal Service District -Waste,
Key West Airport, Card Sound Bridge, and the Marathon Airport. There are no non -major enterprise
funds.
Internal service funds are used to accumulate and allocate costs among Monroe County's various
functions. Monroe County uses internal service funds to account for insurance activities (worker's
compensation, group health and risk management) and fleet maintenance activities. Internal service
funds are presented in total in the fund financial statements but may be reviewed individually in the
combining and individual fund statements section of the report. Because these services predominantly
benefit governmental rather than business -type functions, they have been included within the
government -wide financial statements as governmental activities. They are also combined into a
single, aggregated presentation in the proprietary fund financial statements.
Fiduciary Funds
Monroe County uses fiduciary funds to account for resources held for the benefit of parties outside of
County government, such as assets held in trust and agency funds by Monroe County as an agent for
individuals. Fiduciary funds are not reflected in the government -wide financial statements because the
resources of those funds are not available to support Monroe County's own programs. The accounting
used for fiduciary funds is much like that used for proprietary funds. The fiduciary fund financial
statements appear on pages E-30 through E-31 of this report.
Notes to the Financial Statements
The notes to the financial statements provide additional information that is essential to a full
understanding of the data provided in both government -wide and fund financial statements. The notes
commence on page F-1 and continue throughout the entire F page section.
Other Information
Combining and individual statements and schedules mentioned earlier, which present details of non-
-, op G-1 and continue
i,
statements for major capitai pruject, intemai service acid uye i y iLir,us.
Additional information about Monroe County can be found under the Statistical Section in the H page
section and the Single Audit Section in the I page section of this report.
Government -Wide Financial Analysis
Monroe County Net Assets (in thousands)
Governmental Business -type Total Primary
Activities Activities Government
2005 2004 2005 2004 2005 2004
Current and Other
Assets $218,696 $208,761 $ 31,677 $ 29,754 $250,373 $238,515
Capital Assets 167,824 157,916 44,705 41,419 212,529 199,335
Total Assets 386,520 366,677 76,382 71,173 462,902 437,850
C-3
Governmental Business -type Total Primary
Activities Activities Government
2005 2004 2005
Current and Other
Liabilities 28,486 28,457 5,764
2004
2004
5,464 34,250 33,921
Long -Term
Liabilities 26,225 27,880 4,384 4,900 30,609 32,780
Total Liabilities
Net Assets:
Invested in Capital
Assets, Net of
Related Debt
Restricted
Unrestricted
Total Net Assets
54,711 56,337 10,148 10,364 64,859 66,701
164,021 152,394 40,516 36,778 204,537 189,172
94,138 95,382 4,947 1,805 99,085 97,187
73,650 62,564 20,771 22,226 94,421 84,790
$331,809 $310,340 $ 66,234 $ 60,809 $ 398,043 $ 371,149
The overall financial position of Monroe County improved in both fiscal years 2005 and 2004. Changes
in net assets over time can be one of the best and most useful indicators of a government's financial
position. Monroe County's increase in net assets for the fiscal years ending 2005 and 2004 were
$26,894,091 and $17,560,759, respectively.
The largest portion of net assets for 2005 and 2004 is Monroe County's investment in capital assets
(e.g., land and depreciated buildings, infrastructure and equipment) less any outstanding debt related to
their acquisition. This category represents 51.3% and 51.0% of total primary government net assets for
fiscal years 2005 and 2004. Monroe County uses these capital assets to provide services to citizens;
consequently, these assets are not available for future spending. Although Monroe County's investment
in capital assets is reported net of related debt, it should be noted that the resources needed to repay
this debt must be provided from other sources, since the capital assets themselves cannot be used to
liquldite these liabilities.
are resources subject to external restriction on how they may be used. The restrictions reported for
business -type activities are comprised of the landfill closure and post closure costs and the airport's
passenger facility charges. Restrictions reported for governmental activities are special purpose funds
which report the use of resources as designated by external entities.
The remaining component of net assets is unrestricted net assets. Unrestricted net assets may be
used to meet the County's ongoing obligations to citizens and creditors.
The 2005 change in current and other assets arose from increases in cash, investments, amounts due
from other governments and capital assets. The increase in cash is partially offset by an increase in
accounts payable. Monroe County began to use longer term investments to better its investment
earnings. Monroe County received additional hurricane grant revenue and accordingly had higher
grant receivables at the end of the year. The increase in capital assets is related to several large
construction projects including the judicial center, the purchase of property for a local hurricane shelter,
the purchase of land for a new public works center, and continuing infrastructure improvements to
airport and wastewater facilities.
Liabilities decreased as scheduled debt repayments were made. Accounts payable increased because
of a temporary timing difference attributable to operating disruptions caused by three hurricanes this
summer. The decrease of deposits in escrow represents the use of a grant match provided by a
C-4
business entity for airport construction. The funds are drawn down by Monroe County as construction
is completed.
Comparison of Current Assets and Liabilities (in thousands)
A comparison of current assets as compared to current liabilities for both governmental and business -
type activities can be a good indication of Monroe County's ability to meet its current and existing
operational responsibilities. The ratios for the current and prior fiscal years are as follows:
Governmental Business -type
Activities Activities
2005 2004 2005 2004
Current Assets $ 211,518 $ 200,846 $ 26,709 $ 29,356
Current Liabilities $ 28,486 $ 28,457 $ 5,764 $ 5,464
Ratio of Current Assets to
Current Liabilities 7.42 7.06 4.63 5.37
The schedule above demonstrates that Monroe County has more than adequate cash flows.
Monroe County Changes in Net Assets (in thousands)
Governmental Business -type Total Primary
Activities Activities Government
2005 2004 2005 2004 2005 2004
Revenues:
Charges for
Services $ 24,274 $ 22,723 $ 20,528 $ 19,684 $ 44,802 $ 42,407
Onnrntino rrantS
l+L.ri,.dl vurw
and Contributions
3,395
3,089
4,917
3,219
8,312
6,308
General
Revenues:
Property Taxes
65,214
60,113
-
-
65,214
60,113
Other Taxes
48,395
48,220
48,395
48,220
State Revenue
Sharing
3,296
3,200
-
-
3,296
3,200
Investment
Income
Miscellaneous
5,611
7,683
2,744
2,418
742
359
6,353
3,103
Total Revenues
187,550
176,136
116
31,979
17
26,792
7,799
219,529
2,435
202,928
C-5
Expenses:
General
Government
Public Safety
Physical
Environment
Transportation
Economic
Environment
Human Services
Culture and
Recreation
Court Related
Interest on Long
-Tenn Debt
Solid Waste
Toll Bridge
Key West Airport
Marathon Airport
Total Expenses
Increase in Net
Assets
,;_,f, ro ? ar, `,rc
Changes in Net
Assets
Net Assets,
Beginning
Net Assets,
Ending
Governmental
Business -type
Total Primary
Activities
Activities _
Government
005
2004
2005
2004
2005
2004 _
32,120
27,563
-
-
-
32,120
87,224
27,563
85,533
87,224
85,533
-
7,228
4,937
-
-
-
7,228
5,021
4,937
10,037
5,021
10,037
-
16,069
14,237
-
-
-
16,069
7,742
14,237
7,346
7,742
7,346
-
4,359
4,116
-
-
-
4,359
6,467
4,116
8,256
6,467
8,256
-
825
951
-
14,238
-
13,608
825
14,238
951
13,608
890
935
890
935
9,140
6,701
9,140
6,701
1,312
1,147
1,312
1,147
167,055
162,976
25,580
22,391
192,635
185,367
+o ',^,rn
F anq
1. 4ni
I)F A04
17,561
21,469
14,134
5,425
3,427
26,894
17,561
310,340
296,206
_ 60,809
57,382
_ 371,149
353,588
zai ana
$ 310.340
$ 66,234
$ 60,809
$ 398,043
$$ 3149
C-6
Governmental Activities
The graph below and on the next page represents a comparison of program revenues to program
expenses for governmental activities in fiscal years 2005 and 2004. It is apparent from these graphs
that general revenues were required to cover expenses in each of the functions noted.
Monroe County, Florida
Governmental Activities (in Millions)
For the year ended September 30, 2005
■ Program Revenues 17 Program Expenses
100
87 2
80
60
40
L32.1
33.207
1.9 2
0.95.0
16.1
1.0
2.27.7
0.34.4
6.26.5
0
G�
o
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c
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1
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The largest revenue sources for governmental activities in 2005 are property taxes in the amount of
$65,213,691 and all other taxes totaling $48,394,576. Total taxes of $113,608,267 amounted to 60.6%
of Monroe County's governmental activity revenues excluding transfers. The second largest revenue
sourre is nperating grants at 15 Ro/ of nnw?rnm Pntal ofivit`r rn rnn ,nc ovrli -lin t,rnn, fnrc
This is 52.2% of the total expenses for governmental activities. The second largest function /is general
government with a total of $32,119,524 or 19.2% of total expenses for governmental activities. The
general government expenses include the Tax Collector, Property Appraiser, and the Supervisor of
Elections.
The largest revenue sources for governmental activities in 2004 are property taxes in the amount of
$60,113,153 and all other taxes totaling $48,219,760. Total taxes of $108,332,913 amounted to 61.5%
of Monroe County's governmental activity revenues excluding transfers. The second largest revenue
source is operating grants at $33,629,200 or 19.1% of governmental activity revenues excluding
transfers.
The 2004 graph identifies the largest expense function as public safety with a total of $85,533,238.
This is 52.5% of the total expenses for governmental activities. The second largest function is general
government with a total of $27,563,524 or 16.9% of total expenses for governmental activities. The
general government expenses include the Tax Collector, Property Appraiser, and the Supervisor of
Elections.
C-7
Monroe County, Florida
Governmental Activities (in Millions)
For the year ended September 30, 2004
■ Program Revenues O Program Expenses
100
85.5
80
60
35.
20
11.
27.5
4.34.9
1.010.0
1.014.2
1.87.3
0.44.1
4.38.3
0
?
? m
m e
m e
c
v
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y
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3
3
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7
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(D
n
Business -Type Activities
The purpose of proprietary funds is to recover the majority of costs incurred in providing a service
through user fees and charges for that service. Charges for services revenues in 2005 amount to
$20,527,905 or 64.2% of all revenue sources. Other revenue sources include operating grants, capital
grants, contributions, investment income, and miscellaneous. Total revenues excluding transfers from
other funds were in excess of expenses excluding transfers to other funds by $6,399,381.
The change in net assets in 2005 was $5,425,448. This represents an increase of $1,998,768 from the
prior year. Operating grants received during 2005 increased approximately $2.1 million. Other
operating revenues also increased. However, the increase in revenues was offset by an additional $3.1
Financial Analysis of Monroe County's Funds
Governmental Funds
As
al funds
combined fund balaner ces of $1 5in the 1797,458 Highlights,nancial he end of the ur ent f scal year. This trepresents reported 1 9
increase from the prior year. Governmental funds' unreserved fund balance totals were $166,807,124,
an increase of 3.5% from the prior year and 94.9% of the total fund balance. Fund balances are
reserved $281,005 to meet current commitments (encumbrances) in the next fiscal year, $1,635,215 for
Monroe County Land Authority land and land rights acquisition, $6,754,563 for mortgage loans
receivable, and $319,551 for payment of debt service. The Monroe County Land Authority is a blended
component unit of Monroe County and is reported as a non -major special revenue fund.
The General Fund is the chief operating fund of Monroe County and automatically, one of Monroe
County's major funds. At September 30, 2005, total fund balance in the general fund was $27,765,786.
Total revenues increased $4,377,403 or 13.5% from the previous year. Expenditures also increased
$6,186,544 or 9.2%. Most of the expenditure increase is attributable to the increase in the public safety
function (9.9%) and offset by a decrease in court related expenditures (5.88%).
C-8
Revenues and Other
Sources
Expenses and Other
Uses
Increase/(Decrease)
In Fund Balance
Revenues and Other
Sources
Expenses and Other
Uses
Increase/(Decrease)
In Fund Balance
Other Major Fund Information (in thousands)
Fine and
Road and
Governmental
Forfeiture Bridge Grants
2005 2004 2005 2004 2005 2004
$ 39,774 $ 36,313 $ 5,820 $ 5,865 $ 6,051 $ 3,564
40,849 37,676 5,390 6,683 7,865 4,061
$ (1,075) $ (1,363) $ 430 $ (818) $ (1,814) $ (497)
HIDTA One Cent Infrastructure Surtax
Grants Infrastructure Surtax 2005 Revenue Bonds
2005 2004 2005 2004 2005 2004
$ 19,769 $ 24,244 $ 16,320 $ 17,267 $ 488 $ 308
19,769 24,244 16,443 12,377 450 2,074
$ $ $ (123) $ 4,890 $ 38 $ (1,766)
Fine and Forfeiture Special Revenue Fund Although ad valorem millage rates were slightly lowered,
tax revenues increased because of the increase in property values. Fine and forfeiture revenue
ctat,,fes which redistrihWPd certain of revenues. Expenditures
Road and Bridge Special Revenue Fund Expenditures in 2005 decreased because of delays in the
progress of various projects due to staff turnover and three hurricane evacuations. Gas tax revenues
also declined due to hurricanes' disruption of normal business.
Governmental Grants Special Revenue Fund The receipt of grant funds related to hurricane assistance
caused the increase in intergovernmental revenue. The grants were used to fund an increase in public
safety and physical environment expenditures.
HIDTA Grants Special Revenue Fund This fund is used to account for reimbursement grants funded by
the U.S. Department of Justice to fight drug trafficking. The volume of revenues and expenditures has
decreased as programs established by the grantor have been completed.
One Cent Infrastructure Surtax Capital Projects Fund The citizens of Monroe County approved a one
cent sales surtax which is the main revenue source in this fund. The 2005 hurricanes caused the sales
tax revenues to decrease, because of mandatory evacuations and a related decline in the number of
tourists. Revenues also decreased because, in 2004, the Sheriff made a one time contribution from
forfeiture funding to the Stock Island wastewater system. Expenditures were reduced because of lower
debt service provided by this fund, the completion of a large project, and a three month disruption of
projects because of the 2005 hurricanes.
C-9
Infrastructure Surtax 2005 Revenue Bonds Capital Projects Fund In 2004, Monroe County issued
$21,455,000 in revenue bonds to be paid from one cent sales surtax revenues. Revenues in 2005
consist of investment earnings on unused bond proceeds. Expenditures decreased because of
turnover in the engineering department and three months of hurricane disruptions.
Proprietary Funds
Proprietary fund statements provide the same information as in the business -type activities column of
the government -wide statements, but in greater detail and on a fund basis for enterprise funds and
internal service funds.
The Municipal Service District -Waste Enterprise Fund maintains Monroe County's landfills and transfer
sites. Monroe County continues to outsource the waste haul -out services through a major contract.
The revenues are pledged to meet the debt service payment requirements on the Monroe County,
Florida Solid Waste Disposal System Refunding Revenue Note, Series 2002.
The Key West Airport Enterprise Fund receives numerous operating and capital grants. The major
source of match for these grants is funds received from the various airlines as passenger facility
charges. The increase in non -depreciable assets is indicative of the major capital improvements
funded by these capital grants and local match. Operating expenses increased due to grant funded
planning and studies.
Other factors concerning the finances of these two major funds have already been addressed in the
discussion of Monroe County's business -type activities.
The internal service funds include the Worker's Compensation Fund, Group Insurance Fund, Risk
Management Fund and the Fleet Management Fund. The self-insurance funds have been a major
focus in Monroe County's operations.
Management has taken aggressive action to improve operating results in the self-insurance funds. The
Group Insurance Fund has been the subject of great concern for a number of years because of
T'
r. "I P,... ,11 k, . " 11 Jt .. .. _. I p, .. dl:r,. _I .. -u :IUri I
$11,026,324 in fiscal year 2004 to $10,319,303 in fiscal year 2005, a decrease of 6.4%. Net Assets as
of 2005 are 608% of the net assets as of 2003.
Although insurance premiums have increased, the Risk Management Fund has had a favorable
estimate adjustment for claims incurred but not reported. The Worker's Compensation Fund asserted
and paid claims increased from $909,089 to $1,699,116, an increase of 87% because of an
unfavorable estimate of claims incurred but not reported.
Capital Assets
Monroe County's financial statements present capital assets in two categories: those assets subject to
depreciation, such as buildings, infrastructure, and equipment and those not subject to depreciation
such as land and construction in process.
Investment in capital assets for both governmental and business -type activities, net of related debt at
September 30, 2005, was $204,536,875. Investment in capital assets for governmental activities is
$164,020,737 and $40,516,138 is for business -type activities.
C-10
These capital assets include both assets purchased as well as donated. They also include
infrastructure assets, e.g., bike paths, roads, bridges, stormwater and wastewater sites, that were
completed in the last two fiscal years. These assets are recorded at historical cost. The infrastructure
assets acquired prior to the effective implementation date of GASB Statement No. 34 will be reported
next year. The amount of unreported infrastructure is not currently determinable.
Monroe County has several significant general government construction projects. A new courthouse
facility and a new Upper Keys government center are underway. Monroe County is constructing central
sewer systems to replace the existing method of wastewater disposal and improve Monroe County's
fragile environment. There are also several roadway improvement projects, which will provide better
road drainage, create bike paths, and upgrade safety measures. Monroe County has received
approximately $815,000 in land donated by citizens as part of the building permit process. Monroe
County further increased its investment in real estate by purchasing land in the lower keys for additional
government facilities and a property in the lower keys for a hurricane shelter.
Airport runways, hangars and related facilities in the enterprise funds continue to undergo
improvements. The Card Sound Bridge is also undergoing a major renovation project.
Further details are available in note 7 to the financial statements pages F-16 through F-17.
Long -Term Debt
At September 30, 2005, Monroe County had long-term debt in the amount of $34,041,808. This debt is
mainly comprised of revenue bonds and notes secured by pledges of revenues. Revenue secured debt
for governmental activities is $21,596,303 and $3,271,546 is for business -type activities. Monroe
County has no general obligation bonds.
Moody's Investors Service, Standard and Poor's Ratings Services and Fitch Ratings assigned
municipal bond ratings of "Aaa" and "AAA" respectively, to the above mentioned bond based upon the
municipal bond insurance policy securing such bonds issued by MBIA Insurance Corporation.
M IHI , r r , i- i-{ . , .; I" r , L., ,�� ,
- r 17 ihrounh F-?n
Budgetary Highlights
The category changes in the General Fund's final budget are summarized below:
The total final general fund revenue budget increased by $1,108,392 or 4.2% from the original budget.
The largest increase was in intergovernmental revenues. This was due to the reallocation of the sales
tax distribution between the General Fund and the Unincorporated Planning, Building, and Zoning
Fund.
The total general fund expenditure budget increased by $2,923,610 or 3.8% from the original budget.
The largest increase of $1,604,664 was in human services which is related to the social services
transportation cost center. This cost center was previously funded by gas taxes in the Road and Bridge
Fund. It is now funded by ad valorem taxes in the general fund. The second largest governmental
budget increase was general government in the amount of $787,261. Most of the increase in general
government was in the public works facilities maintenance cost center in the amount of $409,384.
Additional funds were needed to maintain the buildings and grounds after three hurricanes.
C-11
Economic Factors and Next Year's Budgets and Rates
Monroe County's officials considered many factors when adopting the fiscal year 2005 budget.
Included among these factors were the rise in property values, the recovery of various sales tax and
other revenues impacted by the tourist economy and the loss of court related revenues due to changes
in Florida Statutes.
Also considered were the constantly escalating costs of health insurance, increases in insurance
premiums for all types of coverage, the implementation of wastewater treatment programs, affordable
housing initiatives, the assumption of certain court related costs by the State and the purchase and
maintenance of expanded park and recreational facilities.
Ad valorem taxes based on property values comprise approximately 73% of budgeted tax revenues.
The Property Appraiser certified a county -wide property value of roughly $17.3 billion for fiscal year
2005. For fiscal year 2006, the county -wide property value has been certified at approximately $21.7
billion, an increase of 25.4%.
Charges for services paid to Constitutional Officers have increased to cover the cost of those
operations, largely attributable to an increase in personnel costs. Other charges for services have
increased because the charges are based on property values and tourist related activities, both of
which have increased. However, for the tenth year in a row it was unnecessary to increase the solid
waste residential rates because of previous successful negotiations with the contractor providing waste
transportation services.
Requests for Information
This financial report is designed to provide a general overview of Monroe County's finances for all those
with an interest in its finances. Questions concerning any of the information provided in this report or
requests for additional information should be addressed to the Finance Director, Clerk of the Circuit
Court, 500 Whitehead Street, Key West, Florida 33040.
C-12
BASIC FINANCIAL STATEMENTS
ASSETS
Current Assets:
Cash and Cash Equivalents
Investments
Accounts Receivable, Net
Internal Balances
Due from Other Governmental Units
Interest Receivable
Inventory
Total Current Assets
Noncurrent Assets:
Mortgage/ Notes Receivable
Allowance for Mortgage/ Notes Receivable
Deferred Charges
Restricted Cash and Cash Equivalents
I and end 4thPr ninn4enrn i'h1P ngeets
Total Noncurrent Assets
Total Assets
LIABILITIES
Current Liabilities:
MONROE COUNTY, FLORIDA
STATEMENT OF NET ASSETS
SEPTEMBER 30, 2005
Component
Primary Government Unit
Governmental Business -Type Monroe County
Activities Activities Total Hag Fin Auth
$ 152,104,372
$22,804,137
$ 174,908,509 $ 54,351
46,534,700
-
46,534,700 -
568,090
728,864
1,296,954
656,957
(656,957)
- -
11,258,128
3,832,687
15,090,815 -
395,500
-
395,500 -
710
-
710 -
211,518,457
26,708,731
238,227,188 54,351
11,163,922
(4,409,359)
423,128
61.7Fr, 510
20,958
4,947,102
11 A'- q.432
11,163,922
(4,409,359)
444,086
4,947,102
7F 175.A42
175,001,521 49,673,014 224,674,535
386,519,978 76,381,745 462,901,723 54,351
Accounts Payable
12,301,102
3,062,406
15,363,508 -
Retainage Payable
792,068
413,355
1,205,423 -
Accrued Wages and Benefits Payable
2,830,955
64,985
2,895,940 -
Claims and Judgements Payable
6,329,650
129,632
6,459,282 -
Due to Other Governmental Units
2,508,491
1,339,783
3,848,274 695
Accrued Comp. Absences Payable
587,285
8,134
595,419 -
Note Payable
6,485
-
6,485
(Continued)
The notes to the financial statements are an integral part of this statement.
MONROE COUNTY, FLORIDA
STATEMENT OF NET ASSETS - CONTINUED
SEPTEMBER30,2005
Other Current Liabilities
Deposits in Escrow
Unearned Revenue
Accrued Interest Payable
Capital Leases Payable
Revenue Notes Payable
Revenue Bonds Payable
Total Current Liabilities
Noncurrent Liabilities:
Landfill Closure & Post Closure Costs
Note Payable
Accrued Comp. Absences Payable
Capital Leases Payable
Revenue Notes Payable
Revenue Bonds Payable
Total Noncurrent Liabilities
Total Liabilities
,
Invested in Capital Assets, Net of
Related Debt
Restricted
Debt Service
Capital Projects
Special Purposes
Unrestricted
Total Net Assets
Component
Primary Government Unit
Governmental Business -Type Monroe County
Activities Activities Total Hsg Fin Auth
24,689
4,817
29,506 -
65,974
215,701
281,675 -
327,146
293
327,439 -
347,825
57,925
405,750 -
630,827
50,000
680,827 -
563,078
416,935
980,013 -
1,170,000
-
1,170,000 -
28,485,575
5,763,966
34,249,541 695
-
368,240
368,240 -
12,969
-
12,969 -
5,533,151
293,432
5,826,583 -
835,620
867,270
1,702,890 -
1,808,771
2,854,611
4,663,382 -
18,035,000
-
18,035,000
26,225,511
4,383,553
30,609,064
54,711,086
164,020,737
10,147,519
40,516,138
64.858,605
204,536,875
695
319,551
319,551
39,563,252
- 39,563,252
54,255,545
4,947,102 59,202,647 -
73,649,807
20,770,986 94,420,793 53,656
$ 331,808,892 $ 66,234,226 $ 398,043,118 $ 53,656
The notes to the financial statements are an integral part of this statement.
MONROE COUNTY, FLORIDA
STATEMENT OF ACTIVITIES
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Program Revenues
Operating
Capital
Charges for
Grants and
Grants and
Functions/Programs
Expenses
Services
Contributions
Contributions
Primary government:
Governmental activities:
General Government
$ 32,119,524
$ 8,407,825
$ 65,621
$ 3.150,766
Public Safety
87,223,777
7,668,663
25,515,110
115,852
Physical Environment
7,227,978
938,665
976,113
-
Transportation
5,020,993
233,111
502,573
128,289
Economic Environment
16,069,418
599,168
374,677
-
Human Services
7,741,927
483,286
1,677,648
-
Culture and Recreation
4,359,252
190,869
139,724
-
Court Related
6,466,744
5,752,730
430,267
-
Interest on Long Term Debt
826,487
-
-
-
Total governmental activities
167,065,100
24,274,317
29.681.733
3,394,907
Business -type activities:
Solid Waste
Toll Bridge
Key West Airport
Marathon Airport
Total business -type activities
Total primary government
Component Unit:
Monroe Cnty Hsg Fin Auth
14,237,871 14,366,857
889,608 1,221,864
9,139,963 4,270,587
241,642
5.146,863 4,663,264
287.619 253.365
$ 192,634,763 $ 44,802,222 $ 35,357,857 $ 8,311,536
$ 4,120 $ - $ $
Ad Valorem Taxes
Tourist Impact Tax
Gas Tax
1/2 Cent Sales Tax
One Cent Infrastructure Tax
Tourist Development Tax
Other Taxes
St Sher Rev Not Rest to Spcf Purpose
Investment Income
Miscellaneous
Transfers
Total General Revenues and Trsfs
Change in Net Assets
Total Net Assets -Beginning
Total Net Assets -Ending
The notes to the financial statements are an integral part of this statement.
D-3
Net (Expense) Revenue and Changes in Net Assets_ CompoUffst ent
Primary Government
Governmental Business -type Monroe County
Activities Activities Total Hsg Fin Auth
$ (20,495,312) $
- $ (20,495,312) $ -
(53,924,152)
- (53,924,152) -
(5,313,200)
- (5,313,200) -
(4,157,020)
- (4,157,020) -
(15,095,573)
- (15,095,573) -
(5,580,993)
- (5,580,993) -
(4,028,659)
- (4,028,659) -
(283,747)
- (283,747) -
(825,487)
- (825,487)
(109,704,143)
- (109,704,143)
_ 370,628
370,628
- 332,256
332,256
- 4,940,751
4,940,751
_ (102,640)
(102,640)
- 5,540,995
5,540,995
(109,704,143) 5,540,995 (104,163,148)
(4,120)
65,213,691
-
65,213,691
2,319,138
-
2,319,138
5,565,189
-
5,565,189
8,163,088
-
8,163,088 -
14,875,923
-
14,875,923 -
13,924,863
-
13,924,863 -
3,546,375
-
3,546,375 -
3,296,240
-
3,296,240 -
5,611,225
742,461
6,353,686 313
7,683,121
115,925
7,799,046 -
973,933
(973,933)
-
131,172,786
(115,547)
131,057,239 313
21,468,643
5,425.448
26,894,091
(3,807)
310,340,249
331,808,892
60,808,778
66'234,226
371,149,027
398,043,118
57,463
53,656
D-4
MONROE COUNTY, FLORIDA
BALANCE SHEET
GOVERNMENTAL FUNDS
SEPTEMBER 30, 2005
Assets
Cash and Cash Equivalents
Investments
Accounts Receivable, Net
Due from Other Funds
Due from Other Governmental Units
Mortgages/Notes Receivable
Allowance for Mortgages/Notes Receivable
Interest Receivable
Inventory
Total Assets
Liabilities and Fund Balances
Liabilities:
Accounts Payable
Retainage Payable
Accrued Wages and Benefits Payable
Due to Other Funds
Due to Other Governmental Units
Other Current Liabilities
Deposits in Escrow
Deferred Revenues
Accraj-d Interest Payable
Fund Balances:
Reserved for:
Encumbrances
Land Acquisition
Mortgage Loans
Debt Service
Unreserved, Designated for Spec Rev Fund
Unreserved, Undesignated
Unreserved, report in nonmajor:
Special Revenue Funds
Capital Project Funds
Total Fund Balances
Total Liabilities and Fund Balances
Fine & Road & Governmental
General Forfeiture Bridge Grants
$ 10,253,480
$ 7,330,126
$ 9,689,422
$ 2,586,833
15,565,396
_
81,767
-
500
251
6,994,188
1,667
20,205
492,939
515,053
1,026,756
660,391
3,208,595
-
-
32,540
105,405
'
(32,540)
710
_
$ 33,515,999
$ 8,358,549
$10,370,518
$ 6,288,618
$ 2,028,462 $
9,101
1,964,349
324,334
1,223,057
17,397
65,674
117,839
520
27,765,266
142,757 $ 981,910
13,722 28,134
- 637,265
34,995 172,290
300
226 1,842
8,166,849
8,548,777
$ 2,907,966
75,509
645,173
172,292
474,640
157
1,224,307
41,185
747,389
27,765,786
8,167,075
8, 550,619
788.574
$ 33,515,999
$ 8,358,549
$ 10,370.518 $
6,288,618
The notes to the financial statements are an integral part of these statements.
One Cent
HIDTA Infrastructure
Grants Surtax
Infrastructure
Sales Surtax
Revenue Bonds,
Series 2003
Nonmajor
Governmental
Funds
Total
Governmental
Funds
$ 79,857 $
14,583,925 $
13,686,526 $
71.341,582
$ 129,551,751
-
25,396,173
5,573,131
-
46,534,700
-
-
-
466,851
549,369
27,099
2,451
-
358,716
7,897,265
1,842,412
1,170,595
-
2,414,544
10,838,346
-
914,285
-
10,217,097
11,163,922
(914,265)
-
(3,462,534)
(4,409,359)
157,631
80,908
51,556
395,500
"
-
-
710
$ 1,949,368 $
41,310,775 $
19,340,565 $
81,387,812
$ 202,522,204
$ 1,773,339 $
755,829 $
174,617 $
3,223,046
$ 11,987,926
670,178
3,652
33,628
792,068
159,418
11,375
2,529
272,529
3,097,229
5,849
181,426
2,000
5,153,838
6,477,004
10,762
114,370
-
442,657
2,472,771
-
-
-
17,554
"
-
65,974
157,409
1,499,555
314,665
314,665
212,737
24,495
-
281,005
-
-
1,635,215
1,635,215
-
-
6,754,563
6,754,563
-
-
319,551
319,551
-
421,113
421,113
39,364,860
19,133,272
103,726,413
-
-
62,572,053
62,572,053
-
-
87,545
87,545
39.577,597
19,157,767
71,790,040
175,797,458
$ 1,949,368 $
41,310.775 $
19,340.565 $
81,387,812 $
202,522,204
MONROE COUNTY, FLORIDA
RECONCILIATION OF THE BALANCE SHEET OF GOVERNMENTAL FUNDS TO
STATEMENT OF NET ASSETS
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Amounts reported for governmental activities in the Statement of Net Assets are different because:
Ending fund balance - total governmental funds $ 175,797,458
Capital assets used in governmental activities are not financial resources and,
therefore, are not reported in the governmental funds, net of accumulated
depreciation of $58,647,014. 166,451,236
Deferred charges, bond/note issuance costs, used in governmental activities
are amortized over the life of the debt and are not financial resources.
Therefore, they are not reported in the governmental funds. 423,128
Unearned revenues are not reported in the governmental funds as they are not
current financial resources. They are reported as a reduction of deferred
revenues in the Statement of Net Assets. 1,172,409
Long-term liabilities are not due and payable in the current period and,
therefore, are not reported in the governmental funds.
Note Payable $ (19,454)
Revenue Notes Payable (2,371,849)
Revenue Bonds Payable (19,205,000)
Capital Leases Payable (1,466,447)
-t ,., I ,.,,, .
I utal (mac ,01'1,41b)
The Assets and Liabilities of the Internal Service Funds (funds are used to
charge the costs of insurance and fleet maintenance activities to individual
funds) are not reported in the Govemmental Funds. 16,776,139
Net Assets of governmental activities
$ 331,808,892
The notes to the financial statements are an integral part of this statement.
E-3
THIS PAGE INTENTIONALLY LEFT BLANK
MONROE COUNTY, FLORIDA
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES
GOVERNMENTALFUNDS
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Revenues:
Taxes
Licenses and Permits
Intergovernmental
Charges for Services
Fines and Forfeitures
Investment Income
Miscellaneous
Total Revenues
Expenditures:
Current:
General Government
Public Safety
Physical Environment
Transportation
Economic Environment .
Human Services
Culture and Recreation
Court Related
Capital Projects
Debt Service
Total Expenditures
L t/Ci,�VnUcl� LAPUI IU i LUWC
Fine & Road & Governmental
General Forfeiture Bridge Grants
$ 18,498,696
$36,768,025
$ 1,628,081
$
359,545
-
-
-
8,167,592
-
3,829,566
5,127,975
3,925,290
2,237,760
33,361
178,600
1,990
369,290
-
-
766,952
381,728
232,742
86,487
5,156,184
15,384
75,499
93,915
36,876,249
39,772,187
5,799,249
5,486,977
22,837,705
399,600
38,846,810
6,529,319
473,915
-
46,398
577,522
-
5,805,555
74,679
2,578,715
-
2,423,300
60,461
224,455 -
73,814,375 7,064,059
3,189,010
- 1,662,874
4,754,628 969,047
1,682,513
139,724
49,673
4 7s4 F?R 7.Fn1.841
(3b'OJo' 1"t6) 0t,1U8,126 1,U44,621 (2,205,8b4)
Other Financing Sources/(Uses):
Transfers from Other Funds 44,629,704 1,667 20,205 564,256
Transfers to Other Funds (187,294) (33,784,590) (635,257) (172,204)
Capital Lease Acquisition 233,493 -
Total Other Financing Sources/(Uses) 44,675,903 (33,782,923) (615,052) 392,052
Net Change in Fund Balances
Fund Balances -October 1
Fund Balances -September 30
7,737,777 (1,074,795)
20,028,009 9,241,870
429,569 (1,813,812)
8,121,050 2,602,386
$ 27 765,786 $ 8,167,075 $ 8,550,619 $ 788.574
The notes to the financial statements are an integral part of these statements.
F-d
Infrastructure
One Cent Sales Surtax Nonmajor Total
HIDTA Infrastructure Revenue Bonds, Governmental Governmental
Grants Surtax Series 2003 Funds Funds
$ $ 14,875,923 $ - $ 29,134,639 $ 100,905,364
_ - 2,475,613 2,835,158
19,648,019 - - 11,235,073 48,008,225
- 315,072 - 9,561,977 16,252,060
- - 1,870,804 2,242,084
- 1,128,744 487,560 2,022,400 5,106,613
98,115 100 - 1,781,159 7,220,356
19,746,134 16,319,839 487,560 58,081,665 182,569,860
_ 11,311,803
34,549,108
19,668,950 - 16,359,368
84,593,457
_ - 1,811,934
3,948,723
_ -
5,770,073
_ - 15,535,006
16,112,528
- - 408,477
7,971,224
- 1,508,701
4,227,140
_ - 3,825,456
6,358,890
- 14,150,192 449,721 36,608
14,636,521
100,179 - - 2,743,427
3,068,061
1q.7R9 1oq 14 1Fn 102 qnq 721 7,1 r1n 7o,n
Al 225.725
(22,995) 2,169,647 37,839 4,540,885 1,334,135
451 -
2,269,478
47,485,761
- (2,292,788) -
(8,995,667)
(46,067,800)
22,995 - -
318,750
575,238
22,995 (2,292,337) -
(6,407,439)
1,993,199
- (122,690) 37,839
(1,866,554)
3,327,334
39,700,287 19,119,928
73,656,594
172,470,124
$ $ 39.577.597 $ 19,157,767 $ 71,790,040 $ 175,797,458
MONROE COUNTY, FLORIDA
RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS
TO THE STATEMENT OF ACTIVITIES
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Amounts reported for governmental activities in the Statement of Activities are different because:
Net change in fund balances - total governmental funds $ 3,327,334
Governmental funds report capital outlays as expenditures. However, in the
Statement of Activities the cost of those assets is allocated over their estimated
useful lives and reported as depreciation expense. This is the amount by which
capital outlays of $23,666,823 exceeded depreciation of $8,251,307 in the current
period. 15,415,516
Governmental funds do not report donated capital assets as they do not provide
current financial resources. Governmental activities report donated assets at the
fair market value. 816,796
Governmental funds only report the disposal of assets to the extent proceeds are
received from the sale. In the Statement of Activities, grants and aid (transfers of
property to other governmental agencies) and any losses generated were
reported as expenses. (6,254,308)
Payment of long-term debt is reported as an expenditure on the governmental
funds as current financial resources are used, but a reduction of long-term 3,653,484
liabilities in the Statement of Net Assets.
Issuance of long-term debt provides current financial resources to governmental
funds. However, in the Statement of Net Assets it is reported as a long-term
1571 238)
and are not reported in governmental funds as current financial resources are not
used. 18,717
Governmental funds report the effect of issuance costs, premiums, discounts, and
similar items when debt is first issued; whereas, these amounts are deferred and
amortized in the Statement of Activities. In addition, interest and other accruals
not using current financial resources is reported as governmental activities. The
amount is the net effect of these transactions. (36,350)
Revenues that do not provide current financial resources are not reported on
governmental funds. However, revenues that are earned in the current period are
reported in the Statement of Activities. 1,172,409
Net revenues of internal service funds (funds used to charge the costs of certain
activities to individual funds) are reported with governmental activities. 3,930,283
Change in net assets of governmental activities $ 21,468,643
The notes to the financial statements are an integral part of these statements.
MONROE COUNTY, FLORIDA
GENERALFUND
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Taxes
Licenses and Permits
Intergovernmental
Charges for Services
Fines and Forfeitures
Investment Income
Miscellaneous
Total Revenues
EXPENDITURES:
Current:
General Government:
Board of County Commissoners
County Administrator
Public Works Management
„ Public Safety Management
5 Community Services Management
County Attorney
Personnel
Vehicle Replacement
Public Works Facilities Maintenance
ADA Compliance
Value Adjustment Board
Community Services -Marine Projects
Promotional Advertising
Tax Increment Payment
Clerk to BOCC-Financial Package
Clerk Recording
Clerk Information Systems
Clerk Finance
Internal Audit
Tourist Audit Tax
Noncourt Administration
Noncourt Records Mangement
Variance with
Final Budget
Original Final Positive
Budget Budget Actual (Negative)
$ 18,327,800 $ 18,327,800 $ 18,498,696 $ 170,896
250,000
250,000
359,545
109,545
5,310,066
6,687,219
8,167,592
1,480,373
1,751,195
1,342,829
3,925,290
2,582,461
11,000
11,000
1,990
(9,010)
414,998
414,998
766,952
351,954
212,000
351,605
5,156,184
4,804,579
26,277,059
27,385,451
36,876,249
9,490,798
1,504,701
1,504,701
1,484,811
19,890
505,308
717,208
689,152
28,056
157,974
157,974
155,277
2,697
96,760
96,760
90,442
6,318
204,538
204,538
184,303
20,235
1,217,623
1,217,623
1,053,517
164,106
c1,658,742
158,950
373,888
377,032
377,032
-
217,550
141,722
-
141,722
5,538,974
5,948,358
5,750,429
197,929
185,000
185,000
30,209
154,791
15,000
17,000
14,998
2,002
123,924
123,924
117,783
6,141
5,000
5,000
2,379
2,621
150,000
179,394
179,394
-
20,000
20,000
6,446
13,554
511,576
511,576
462,096
49,480
665,111
665,111
489,440
175,671
1,317,629
1,317,629
1,286,641
30,988
218,470
218,470
146,259
72,211
184,108
184,108
138,990
45,118
117,861
117,861
98,842
19,019
125,964
125,964
109,162
16,802
(Continued)
The notes to the financial statements are an integral part of these statements.
MONROE COUNTY, FLORIDA
GENERALFUND
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL - CONTINUED
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Tax Collector
Property Appraiser
Supervisor of Elections
Insurances -Supervisor of Elections
GASB 34 Implementation
Gov't Enterprise Management System
Sterling Award Program
Total General Government
Public Safety:
Hurricane
Communications
Emergency Management
Marathon Emer Operations Center
Medical Examiner
American Red Cross Lower Keys
Sheriff
Fire Academv
Physical Environment:
Extension Service
Land Steward
Hazardous Waste
Total Physical Environment
Transportation:
County Engineer
Economic Environment:
Literacy Volunteers of Arnerica
Veteran's Affairs
Veteran's Affairs
Veteran's Affairs Transportation
Total Economic Environment
Variance with
Final Budget
Original Final Positive
Budget Budget Actual (Negative)
3,339,837
3,374,494
3,064,056
310,438
3,836,781
3,838,224
3,536,264
301,960
973,666
973,666
973,267
399
135,058
135,058
122,626
12,432
30,000
30,000
-
30,000
15,000
35,000
20,450
14,550
-
63,000
2,370
60,630
24,130,035
24,917,296
22,837,705
2,079,591
7,099
18,785
18,785
-
421,715
457,354
367,579
89,775
258,238
258,238
245,036
13,202
48,479
48,479
44,982
3,497
552,671
573,329
570,298
3,031
27,000
27,000
27,000
-
39,234,686
39,160,601
37,472,110
1,688,491
153 805
136,604
101,020
35,584
255,619
255,619
250,557
5,062
88,982
88,982
265
88,717
229,353
229,353
223,093
6,260
573,954
573,954
473,915
100,039
98,524 98,524 46,398 52,126
6,500 6,500
6,500
- 5,429
5,429
419,266 425,982
425,982 -
- 142,171
139,611 2,560
425,766 580,082
577,522 2,560
The notes to the financial statements are an integral part of these statements. (Continued)
F_R
MONROE COUNTY, FLORIDA
GENERALFUND
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL - CONTINUED
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Human Services:
Health Care Respite Act
Hospice of the Florida Keys
Public Works Animal Shelter
Bayshore Manor
Middle Keys Guidance Clinic
Middle Keys Guidance Clinic
Middle Keys Guidance Clinic
Guidance Clinic Transportation
Care Center for Mental Health
Monroe CntyAssoc. for Retarded Citizens
Heron/ Peacock
Older Americans Volunteer Program
Legal Aid
Welfare Administration
Welfare Services
Caring Friends for Seniors
Big Brothers\ Big Sisters
Florida Keys Children's Shelter
MCEF/ Monroe Youth Challenge
Helpline
Domestic Abuse Shelter
Florida Keys Outreach Coalition
Healthy Kids Program
Habitat for Humanity
Habitat for Humanity Upper Keys
Samuel's House
Youth Summer Rec
Womankind
Rural Health Network
Social Service Transportation
Dept of Health, ACHA
Healthy Kids Outreach
Just for Kids
Original Final
Budget Budget
90,000
45,000
820,208
587,469
206,752
360,000
310,000
65,000
50,000
4,000
23,628
788,435
863,657
10,000
23,000
95,000
22,000
17,000
35,000
25,000
39,734
25,000
5,000
40,000
28,000
232,000
38,000
10,000
90,000
45,000
833,176
593,943
566,752
119,717
42,351
310,000
65,000
50,000
4,000
23,628
788,435
863,657
10,000
23,000
95.000
22,000
17,000
35,000
25,000
39,734
25,000
5,000
40,000
40,000
28,000
232,000
1,133,154
250,000
38,000
10,000
Actual
45,000
831,453
552,928
566,752
101,994
42,351
310,000
65,000
50,000
561
742,099
631,980
10,000
23,000
95,000
t,;,ovy
21,996
17,000
35,000
25,000
36,423
3,754
40,000
40,000
28,000
232,000
1,086,395
Variance with
Final Budget
Positive
(Negative)
90,000
1,723
41,015
17,723
3,439
23,628
46,336
231,677
3,311
21,246
5,000
46,759
250,000
10,000
(Continued)
The notes to the financial statements are an integral part of these statements.
MONROE COUNTY, FLORIDA
GENERALFUND
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL - CONTINUED
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Variance with
Final Budget
Original
Final
Positive
Budget
Budget
Actual
(Negative)
Fountains of Living 5,000
5,000
5,000
5,000
5,000
FI Keys Area Hlth Educ Ct 5,000
4,994,883
6,599,547
5,805,555
793,992
Total Human Services
Culture and Recreation:
-
Heart of the Keys Recreation
45,000
45,000
45,000
Big Pine Athletic Association
32,000
32,000
32,000
Boys and Girls Club
13,500
13,500
13,500
13,386
Upper Keys YMCA
88,091
88,00
88,091
85,00
64,699
22,305
Higgs Beach Maintenance
5,000
5,000
4,699
301
Lower Keys AARP
5,000
5,000
4,429
571
Middle Keys AARP
5,000
5,000
4,168
832
Big Pine Key AARP
72,500
72,500
72,500
Fine Arts Council
Historic Keys Foundation
,000
,000
,000
FI Keys Wild Bird Rehab Ct
14 ,000
14,000
14 ,000
BP & Lwr Keys Wild Brd Ct
482,150
82,150
74,900
473,905
8,245
Library Admin Support
98,980
498,980
„ r,98
Library Marathon
3i3,tsOb
3[4,bbb
17,506
31G,359
7,209
12,297
10,297
Library Marathon Donations
5,000
277,534
278,384
246,940
31,444
Library Islamorada
Library Islamorada Donations
2,000
3,186
125
3,061
25,042
Library Key Largo
358,771
8,000
359,621
18,511
334,579
4,490
14,021
Library Key Largo Donations
228,946
229,796
225,234
4,562
Library Big Pine Key
6,500
24,237
10,950
13,287
Library Big Pine Key Donations
2,786,382
2,913,406
2,578,715
334,691
Total Culture and Recreation
Court Related:
73,041
73,041
66,265
6,776
Law Library
138,866
138,866
123,039
15,827
Guardian Ad Litem
272,446
272,446
191,705
80,741
State Attorney
411,982
472,592
457,286
15,306
Public Defender
7,991
7,991
6,988
1,003
Court Administration
CourtAdminJudicial Support
152,352
152,352
136,403
15,949
Court Admin-Staff Attorney
5,418
5,418
4,931
487
The notes to the financial statements are an integral part of these statements.
(Continued)
MONROE COUNTY, FLORIDA
GENERAL FUND
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL - CONTINUED
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Court Admin-Article V Resid/Conting
Court Admin-Circuit Ct Reporter Svcs
Court Admin-Circuit Drug Court
Court Admin-Pretrial Release
Court Admin-Family Ct Case Mgmt
Ct. Admin-Other Circuit Court Juvenile
Court Admin-Information Systems
Total Court Related
Debt Service:
Principal
Interest
Total Debt Service
Total Expenditures
Excess/Deficiency of Revenues
Over/(Under) Expenditures
Variance with
Final Budget
Original Final Positive
Budget Budget Actual (Negative)
87,500
87,500
86,762
738
13,718
13,718
7,374
6,344
451,526
446,033
417,784
28,249
499,854
499,854
490,504
9,350
118,608
118,608
115,902
2,706
74,421
74,421
71,738
2,683
262,050
262,050
246,619
15,431
2,569,773
2,624,890
2,423,300
201,590
181,971 187,895 (5,924)
36,560 36,560
218,531 224,455 (5,924)
76,283,010 79,206,620 73,814,375 5,392,245
(50,005,951) (51,8212169) (36,938,126) 14 883,043
Reserve for Contingencies
(2,543,570) (737,915)
-
737,915
Transfers from Other Funds
43,948,145 43,948,145
44,629,704
681,559
Transfers to Other Funds
- (223,937)
(187,294)
36,643
Capital Lease Proceeds
- 233,500
233,493
(7)
Total Other Financing Sources/(Uses)
41,404,575 43,219,793
44,675,903
1,456,110
Net Change in Fund Balances
Fund Balances, October 1
Fund Balances, September 30
(8,601,376) (8,601,376) 7,737,777 16,339,153
20,028,009 20,028,009 20,028,009
$ 11,426,633 $ 11,426,633 $ 27,765,786 $ 16,339,153
The notes to the financial statements are an integral part of these statements.
MONROE COUNTY, FLORIDA
FINE AND FORFEITURE SPECIAL REVENUE FUND
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Taxes
Intergovernmental
Charges for Services
Fines and Forfeitures
Investment Income
Miscellaneous
Total Revenues
EXPENDITURES:
Current:
General Government:
Tax Increment Payment
Vehicle Replacement
Total General Government
Public Safety:
Sheriffs Group Insurance
Bond Refunds
, rFn
Original Final
Budget Budget Actual
Variance with
Final Budget
Positive
(Negative)
$ 38,247,194 $ 38,247,194 $ 36,768,025 $ (1,479,169)
30,000
30,000
-
(30,000)
1,400,000
3,742,363
2,237,760
(1,504,603)
-
80,900
369,290
288,390
200,000
482,949
381,728
(101,221)
1,000
456,301
15,384
(440,917)
39,878,194
43,039,707
39,772,187
(3,267,520)
300,000 399,600 399,600 -
33,394 33,394 - 33,394
333,394 432,994 399,600 33,394
5,219,974 5,219,974 4,668,221 551,753
50,000 50,000 33,461 16,539
1 :1Uill. YVvIY.a vJfii:�LUI t':iUll�::+
I,UJ..I,:JLU
I,U�ia,:LU
l,Y/U,iO4
164,142
Keys to Recovery Program
86,287
86,287
86,287
-
Teen Court
58,609
58,609
-
58,609
Juvenile Detention Cost Share
-
63,000
60,620
2,380
Total Public Safety
7,250,067
7,343,342
6,529,319
814,023
Human Services:
Residential Substance Abuse
Court Related:
Sheriff Extradition
Total Expenditures
97,500 74,679 22,821
76,000 76,000 60,461 15,539
7,659,461 7,949,836 7,064,059 885,777
Excess/Deficiency of Revenues
Over/(Under) Expenditures 32,218,733 35,089,871 32,708,128 (2,381,743)
The notes to the financial statements are an integral part of these statements. (Continued)
MONROE COUNTY, FLORIDA
FINE AND FORFEITURE SPECIAL REVENUE FUND
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL - CONTINUED
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Variance with
Final Budget
Original Final Positive
Budget Budget Actual (Negative)
Other Financing Sources/(Uses):
Reserve for Contingencies (1,017,715) (699,109) - 699,109
Transfers from Other Funds 549 1,667 1,118
Transfers to Other Funds (33,553,725) (33,633,034) (33,784,590) (151,556)
Total Other Financing Sources/(Uses) (34,571,440) (34,331,594) (33,782,923) 548,671
Net Change In Fund Balances
(2,352,707)
758,277
(1,074,795) (1,833,072)
Fund Balances, October 1
9,241,870
9,241,870
9,241,870
Fund Balances, September 30
$ 6,889,163
$ 10,000,147
$ 8,167,075 $ (1,833,072)
The notes to the financial statements are an integral part of these statements.
MONROE COUNTY, FLORIDA
ROAD AND BRIDGE SPECIAL REVENUE FUND
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Revenues:
Taxes
Intergovernmental
Charges for Services
Investment Income
Miscellaneous
Total Revenues
Expenditures:
Current:
General Government:
Vehicle Replacement
Original Final
Budget Budget Actual
Variance with
Final Budget
Positive
(Negative)
$ 1,275,000
$ 1,275,000
$ 1,628,081
$ 353,081
3,350,000
3,350,000
3,829,566
479,566
17,000
17,000
33,361
16,361
120,000
120,000
232,742
112,742
32,000
32,000
75,499
43,499
4,794,000
4,794,000
5,799,249
1,005,249
72,269 72,269 72,269
Transportation:
Road Department
2,848,775
3,071,866
2,408,041
663,825
County Engineer Road and Bridge
843,466
843,466
584,040
259,426
Street Lighting
198,034
198,034
187,336
10,698
Local Option Gas Tax Projects
395,000
395,000
241,976
153,024
80% Gas Tax
2,200,000
2,278,966
337,239
1,941,727
,n4
Isiamordud Kudos
Total Transportation
Economic Environment:
Veterans Affairs Transportation
Human Services:
Middle Keys Guidance Clinic
Guidance Clinic Transportation
Social Services Transportation
Total Human Services
Total Expenditures
Excess/Deficiency of Revenues
Over/(Under) Expenditures
ou3,1 yy uU3,'I a5 - oud,199
7,338,474 8,596,931 4,754,628 3,842,303
139,760
119,717 - -
42,351 - -
1,133,154 - -
1,295,222 - -
8,845,725 8,669,200 4,754,628 3,914,572
(4,051,725) (3,875,200) 1,044,621 4,919,821
The notes to the financial statements are an integral part of these statements.
(Continued)
MONROE COUNTY, FLORIDA
ROAD AND BRIDGE SPECIAL REVENUE FUND
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL - CONTINUED
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Variance with
Final Budget
Original
Final
Positive
Budget
Budget Actual
(Negative)
Other Financing Sources/(Uses):
Reserve for Contingencies
(236,166)
(190,434) -
190,434
Transfers from Other Funds
- 20,205
20,205
Transfers to Other Funds
(413,000)
(635,257) (635,257)
-
Total Other Financing Sources/(Uses) (649,166)
(825,691) (615,052)
210,639
Net Change in Fund Balances (4,700,891) (4,700,891) 429,569 5,130,460
Fund Balances, October 1
8,121,050
8,121,050
8,121,050 -
Fund Balances, September 30
$ 3,420,159
$ 3,420,159
$ 8,550,619 $ 5,130,460
The notes to the financial statements are an integral part of these statements.
MONROE COUNTY, FLORIDA
GOVERNMENTAL GRANTS SPECIAL REVENUE FUND
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Revenues:
Intergovernmental
Charges for Services
Investment Income
Miscellaneous
Total Revenues
Expenditures:
Current:
General Government:
Grant Match
Public Safety:
FEMA-Tropical Storm Mitch
EMS Hazardous Material
Emergency Management Base Grant
Radiological Emerg Preparedness
EMS Award Grant
Rural EMS Matching Grant
L�, 1, ";II dI �I i 1ti llb
EOC Security Improvement
Sheriffs Intoxilyzer Grant
FEMA-Hurricane Charley
FEMA-Hurricane Frances
FEMA-Hurricane Ivan
FEMA-Hurricane Dennis
FEMA-Hurricane Katrina
FEMA-Hurricane Rita
Total Public Safety
Physical Environment:
Stormwater Improvement
Stormwater Master Plan
Sanitary Wastewater Master Plan
Homeowners Wastewater Assistance
Coastal Impact Assistance
Community Development Block G rnt
Variance with
Final Budget
Original Final Positive
Budget Budget Actual (Negative)
$ - $ 15,818,609
$ 5,127,975
$ (10,690,634)
141,000
178,600
37,600
4,085
86,487
82,402
58,600
93,915
35,315
16,022,294
5,486,977
(10,535,317)
400,000 53,395 53,395
- 39,464
39,464
-
- 3,955
-
3,955
- 132,670
132,262
408
- 125,000
107,526
17,474
126,022 186,180
115,851
70,329
96,949 96,949
92,898
4,051
�^
n
f, 7
Uc' i )U
Zb'jo2
- 124,000
8,257
115,743
- 6,350
6,350
-
- 1,655
-
1,655
- 765
765
- 4,205
-
4,205
- 3,437,796
1,722,502
1,715,294
- 2,200,000
222,901
1,977,099
- 2.200,000 631,759 1,568,241
222,971 8,693,648 3,189,010 5,504,638
- 63,515
6,435
57,080
- 116,482
96,180
20,302
- 24,800
10,700
14,100
- 2,015,600
1,092,809
922,791
- 139,787
139,787
-
- 911,929
151,300
760,629
The notes to the financial statements are an integral part of these statements. (Continued)
MONROE COUNTY, FLORIDA
GOVERNMENTAL GRANTS SPECIAL REVENUE FUND
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL - CONTINUED
FOR THE YEAR ENDED SEPTEMBER 30, 2005
No Discharge Zone Education
Exotic Plant Control Svc
FK Vessel Pump -Out
CVA LE 567
Public Water Access
Clean Vessel Act LE 507
Boat Ramp Repairs
Total Physical Environment
Transportation:
S FI Water Mgmt Dist Grant Stormwater
Transportation Study Plan Update
Safety Improvement Heritage Trail
Florida Keys Scenic Hwy Planning
Bicycle/Pedestrian Coordination 2001
Bicycle/Pedestrian Plan 2
Overseas Heritage Trail
Scenic Highway Interpretive
Total TransnortMinn
JTPA Liaison
Affordable Housing Coordinator
Total Economic Environment
Human Services:
Residential Substance Abuse Treatment
Title III-B Homemaker 2005
Title III-B Homemaker 2004
Title III-Cl 2005
Title III-C1 2004
Title III-C2 2005
Title III-C2 2004
Title III-E 2005
Title III-E 2004
Alzheimer's Disease Initiative 04/05
Alzheimer's Disease Initiative 05/06
Community Care for Disabled Adults 04/05
Variance with
Final Budget
Original Final
Positive
Budget Budget
Actual
(Negative)
- 60,812
20,943
39,869
- 47,296
-
47,296
- 10,126
-
10,126
- 66,667
66,667
_
- 99,000
33,000
66,000
333,333
45,053
288,280
46,660
46,660
3,936,007
1,662,874
2,273,133
4,234
4,234
-
851,411
292,189
559,222
928,171
-
928,171
28,865
-
28,865
- 25,220
25,220
-
150,000
50,712
99,288
1,233,800
510,142
723,658
_ 2�0,000
86,550
113.450
3.421,701
069.n47
2,452,654
5,429
5,429
45,081
45,081
-------0
50,510
- 181,783
84,775
97,008
- 124,319
97,803
26,516
- 43,809
43,809
-
- 214,652
141,591
73,061
- 84,609
50,705
33,904
- 268,683
181,796
86,887
- 112,800
84,134
28,666
- 24,832
24,832
-
- 54,781
44,688
10,093
- 63,609
63,609
-
- 83,784
18,350
65,434
- 81,366
69,522
11,844
The notes to the financial statements are an integral part of these statements. (Continued)
r ., s
MONROE COUNTY, FLORIDA
GOVERNMENTAL GRANTS SPECIAL REVENUE FUND
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL - CONTINUED
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Community Care for the Elderly 05/06
Community Care for Disabled Adults 03/04
Community Care for the Elderly 04/05
Home Care for the Elderly 03/04
Home Care for the Elderly 04/05
Boys and Girls Club
US Fellowship of Florida
MC Education Foundation
Low income Home Energy Program 2005
Low income Home Energy Program 2004
Care Center Mental Health
Total Human Services
Culture and Recreation:
State Aid to Libraries
NEH Preservation Assist
Total Culture and Recreation
Court Related:
Variance with
Final Budget
Original Final
Positive
Budget Budget
Actual
(Negative)
- 608,788
120,524
488,264
- 97,652
19,984
77,668
- 469,220
364,474
104,746
- 2,935
2,902
33
- 4,729
15
4,714
- 53,894
53,894
-
- 51,504
51,504
- 60,000
60,000
-
- 96,590
49,433
47,157
- 65,566
42,090
23,476
- 71,764
12,079
59,685
2,921,669
1,682,513
1,239,156
- 137,970
137,970
-
- 11764
1,754
10
- 139.734
139,724
10
Local Law Enforcement Block Grant-2005 70,694 49,673 21,021
Total Court Related - 199,669 49,673 149,996
Total Expenditures 622,971 19,416,333 7,692,841 11,723,492
Excess/Deficiency of Revenues
Over/(Under) Expenditures
Other Financing Sources/(Uses):
Reserve for Contingencies
Transfers from Other Funds
Transfers to Other Funds
(622,971) (3,394,039) (2,205,864) 1,188,175
(55,000) (30,206) - 30,206
2,918,474 564,256 (2,354,218)
(172,204) (172,204)
Total Other Financing Sources/(Uses) (55,000) 2,716,064 392,052 (2,324,012)
Net Change in Fund Balances (677,971) (677,975) (1,813,812) (1,135,837)
Fund Balances, October 1 2,602,386 2,602,386 2,602,386
Fund Balances, September 30 $ 1,924,415 $ 1.924,411 $ 788,574
The notes to the financial statements are an integral part of these statements.
F-18
MONROE COUNTY, FLORIDA
SHERIFF'S HIDTA GRANT SPECIAL REVENUE FUND
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Intergovernmental
Miscellaneous
Total Revenues
EXPENDITURES:
Current:
Public Safety
Debt Service
Total Expenditures
Excess/Deficiency of Revenues
Over/(Under) Expenditures
Other Financing Sources/(Uses):
Capital Lease Acquisition
i Net Change in Fund Balances
Fund Balances, October 1
Original Final
Budget Budget
Variance with
Final Budget
Positive
Actual (Negative)
$ 17,201,800 $ 19,639,155 $ 19,648,019 $ 8,864
98,115 98,115
17�00 19_ 737.270 19— 746�13q g 864
17,098,976 19,660,086 19,668,950 (8,864)
24 100,179 100,179
17,201,800 19,760,265 19,769,129 — 864)
(22 995) — (22 995) _
_ 22,995 22,995
The notes to the financial statements are an integral part of these statements.
E-19
MONROE COUNTY, FLORIDA
STATEMENT OF NET ASSETS
PROPRIETARY FUNDS
SEPTEMBER 30, 2005
ASSETS
Current Assets:
Cash and Cash Equivalents
Accounts Receivable, Net
Due from Other Funds
Due from Other Governmental Units
Total Current Assets
Noncurrent Assets:
Restricted Cash and Cash Equivalents
Deferred Charges, Net
Land and Other Nondepreciable Assets
Capital Assets, Net of Accum. Depreciation
Total Noncurrent Assets
Total Assets
LIABILITIES
Accrued Wages and Benefits Payable
Claims and Judgements Payable
Due to Other Funds
Due to Other Governmental Units
Accrued Interest Payable
Accrued Comp. Absences Payable
Capital Leases Payable
Other Current Liabilities
Deposits in Escrow
Unearned Revenue
Notes Payable
Total Current Liabilities
Business -type
Activities Enterprise Funds
Major Funds
Municipal
Card
Key
Svc District
Sound
West
Waste
Bridge
Airport
$ 10,343,765
$ 9,645,894
$ 2,244,262
398,092
-
291,811
4,052
45,431
-
3,375,769
10,791,340
9,645,894
5,911,842
1,708,171
-
3,238,931
20,958
3,629,620
-
50,000
6,601,533
120,802
5_ 575,566
16,035,987_
5— 479,551
5,625,566
25,876,451
16,270,891 15,271,460 31,788,293
c , ,F' n7q
19,075
129,632
466,721
244,816 161,838
29,169
3,071 1,300,247
57,925
-
8,134
-
50,000
-
4,817
-
170,696
- 38,084
416,935
3,193,586 264,283 2,987,569
The notes to the financial statements are an integral part of these statements.
E-20
Governmental
Major Funds Activities
Internal
Marathon Service
Airport Total Funds
$ 570,216 $ 22,804,137 $ 22,552,621
38,961 728,864
18,721
- 4,052
1,473
411,487 3,832,687
419,782
1,020,664 27,369,740
22,992,597
4,947,102
- 20,958 -
1,138,279 11,419,432 54,000
11,553,167 33,285,522 1,318,594
12,691,446 49,673,014 1,372,594
13,712,110 77,042,754 24,365,191
� ,�JI
'+IJ,JJD
-
5,789
64,985
32,091
-
129,632
6,329,650
100,826
974,201
451,585
7,296
1,339,783
35,720
-
57,925
-
-
8,134
6,091
-
50,000
_
-
4,817
7,135
6,921
215,701
_
293
293
-
416,935
292,729
6,738,167
7,175,448
(Continued)
MONROE COUNTY, FLORIDA
STATEMENT OF NET ASSETS - CONTINUED
PROPRIETARY FUNDS
SEPTEMBER 30, 2005
Noncurrent Liabilities:
Payable from restricted assets -Landfill
closure/post closure costs
Accrued Comp. Absences Payable
Capital Leases Payable
Notes Payable
Total Noncurrent Liabilities
Total Liabilities
NET ASSETS
Invested in Capital Assets, Net of Related Debt
Restricted
Unrestricted
Total Net Assets
Business -type Activities Enterprise Funds
Major Funds
Municipal Card Key
Svc District Sound West
Waste Bridge Airport
368,240 -
112,110 42,542 125,749
867,270 -
2,854,611 -
4,202,231 42,542 125 , 749
7,395,817 306,825 3,113,318
(438,394)
5,625,566 22,637,520
1,708,171
- 3,238,931
7,605,297
9,339,069 2,798,524
$ 8,875,074 $ 14.964,635 $ 28,674,975
+n "-rier+ the nnnsnr,1Atinn of internal service activities related to enterprise funds.
1 4 C L . ,ob _ II -
The notes to the financial statements are an integral part of these statements.
i
Major Funds
Marathon
Airport Total
Governmental
Activities
Internal
Service
Funds
- 368,240 -
13, 031 293,432 100,412
- 867,270 -
2,854,611 -
13,031 4,383, 553 100,412
305,760 11,121,720 7�0
12,691,446 40,516,138 1,372,594
- 4,947,102 -
714,904 20,457,794 15,716,737
$ 13,406,350 65,921,034 $ 17,089,331
313,192
MONROE COUNTY, FLORIDA
STATEMENT OF REVENUES, EXPENSES AND
CHANGES IN FUND NET ASSETS
PROPRIETARY FUNDS
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Operating Revenues:
Franchise Fees
Charges for Services
Fines and Forfeitures
Miscellaneous
Total Operating Revenues
Operating Expenses:
Personnel Services
Operations
Depreciation and Amortization
Asserted and Paid Claims
Total Operating Expenses
Operating Income/(Loss)
Nonoperating Revenues/(Expenses):
Operating Grants
r`.., n4 -n'� n-n-a1ir1'C !`fh E?r iOl�rrpg
Interest Expenses and Fiscal Charges
Total Non -Operating
Revenues/(Expenses)
Income/(Loss) Before Contributions and Trsfs
Transfers from Other Funds
Transfers to Other Funds
Capital Grants and Contributions
Change in Net Assets
Total Net Assets -October 1
Total Net Assets -September 30
Business -type Activities Enterprise Funds
Major Funds
Municipal
Card
Key
Svc District
Sound
West
Waste
Bridge
Airport
$ 222,551
$
14,144,306
1.221,864
4,259,524
-
11,063
18,280
330
96,665
14,385,137
1,222,194
4,367,252
779,658
546,610
1,202,138
13,334,175
159,459
7,189,076
49,445
218,050
795,169
14,163,278
924,119
9,186,383
221,859
298,075
(4,819,131)
191,176 5,146,863
50,466
(136,825) -
457,226 249,123 5,258,377
679,085 547,198 439,246
(466,721) (244,549) (183,988)
96,760 4,566,504
212,364 399,409 4,821,762
8,662,710 14,565,226 23,853,213
$ 8,875,074 $ 14,964,635 $ 28,674,975
Adjustment to reflect the consolidation of internal service activities related to enterprise funds.
Change in Net Assets of Business -Type Activities
The notes to the financial statements are an integral part of these statements.
11
C 7A
i
Governmental
Major
Activities
Marathon
Internal
Airport
Total
Service
Funds
$ -
$ 222,551
668,597
20,294,291
20,810,676
-
11,063
-
---651
--5,926
517,144
4$
20,643,831
_— 3
21,820
218,511
2,746,917
1,324,796
619,038
21,301,748
3,731,215
490,263
1,552,927
79,507
-----
1,327,812
� -
25_—_
12_ 103,683
17-__239,201
— (--- 6�4)
(4,957761)
4,088,619
284,544 5,622,583
3,075 53,541
(136,825)
308,029
6,272,755
— 482,279
(350,535)
1,314,994
4,570,898_
22,150
22,150
1,473
(100,826)
(996,084)
(445,500)
253,365
4,916,629 --
1,223
(175,846)
13— 58— 2,196
$ 13, 06,350
5,257,689
167,759
$ 5— 4-,48
4,128,094
12�961,23.7
$ 17�,331
MONROE COUNTY, FLORIDA
STATEMENT OF CASH FLOWS
PROPRIETARY FUNDS
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Operating Activities:
Cash received for services
Cash rec'vd from other funds for goods and Svcs
Cash payments to suppliers for goods and svcs
Cash payments to employees for services
Cash payments to other funds
Other operating revenue
Net Cash Provided by/(Used in)
Operating Activities
Noncapital Financing Activities:
Operating grants received
Transfers from other funds
Net Cash Provided/(Used) by Noncapital
Financing Activities
Capital and Related Financing Activities:
Proceeds from capital grants
Interest paid on capital debt
Proceeds from sale of capital assets
Net Cash Provided/(Used) by Capital and
Related Financing Activities
Business -type Activities Enterprise Funds
Major Funds
Municipal Card Key
Svc District Sound West
Waste Bridge A' P°rt—
$ 14,880,868 $ 1,228,312 $ 4,385,090
(12,411,897) (845,775) (6,338,063)
(575,441) (466,057) (882,671)
(331,313) (176,782) (269,866)
18,746 330 96,665
1,580,963 (259,972) (3,008,845)
191,176 5,337,207
191,176 - 5,337,2 07
1,530,842 3,892,670
On4,R49) (5,474,839)
(558,834) 1,326,193 (1,582,169)
Investing Activities:
353,818 250,648 116,324
Investment income
Net Cash Provided/(Used) in Investing Activities
353,818 250,648 116,324
Net Increase/(Decrease) in Cash and
Cash Equivalents
Cash and Cash Equivalents:
October 1
September 30
1,567,123 1,316,869 862,517
10_ 484,813 8,329,025 4,620,676
$ 12,051,936 $ 9,645,894 $ 5,483,193
r
The notes to the financial statements are an integral part of these statements.
Governmental
Major Funds Activities
Internal
Marathon Service
Airport Total Funds
$ 696,670 $ 21,190,940 $ 5,080,331
15,636,128
(499,187) (20,094,922) (15,301,548)
(179,997) (2,104,166) (1,013,517)
(87,638) (865,599) (278,127)
651 116,392 556.534
(69,501) (1,757,355)_ 4,679,801 _
75,021 5,603,404 _
1,473
97,171 5,625,554 ,473
159,026 5,582,538 _
(258,599) (5,950,381) (31,273)
- lend nnq�
1_024
) _ (914,383) (30,249)
� 504,6_15
504,615
(50,232) 3,696,277 5,155,640
620,448 24� 054,962_ 17,396,981
$ 570,216 $ 27,751,239
$ 22�552,621
E-77 (Continued)
MONROE COUNTY, FLORIDA
STATEMENT OF CASH FLOWS -CONTINUED
PROPRIETARY FUNDS
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Business -type
Activities Enterprise Funds
Major Funds
Municipal
Card
Key
Svc District
Sound
West
Waste
Bridge
Airport
Reconciliation of operating income/(loss)
to net cash provided by/(used in) operating
activities:
$ 221,859
$ 298,075
$ (4,819,131)
Operating income/(loss)
Adjustments to reconcile operating income/(loss)
to net cash provided by/(used in) operating
activities:
Depreciation and Amortization
49,445
218,050
795,169
Change in Assets and Liabilities:
7 245
6,748
114,184
(Increase)/Decrease in Accounts receivable
-
(Increase)/Decrease in Due from other funds
15,110
319
(Increase)/Decrease in Due from other gov't units
896,655
745,926
( )
52,915
Increase/(Decrease) in Accounts payable
(21,848)
(21,848
22,347
( )
45,238)
Increase/(Decrease) in Accrued wages/benefits
Increase/(Decrease) in Claims/judgments payable
16
(27,81)0)
(21,800
Increase/(Decrease) in Due to other funds
(57,922)
(913)
Increase/(Decrease) in Due to other gov't units
15,116
(15,116)
( 13,375)
1,843
( )
Increase/(Decrease) in Comp.absences payable
"
Ji.10:i4la;
(AA3)
Inuease�(uecreasG, �n Lai w � .:,. �:: c
� .._
1,359,104
(558,047)
1,810,286
Total adjustments
Net Cash Provided by/(Used in)
$ 1,580,963 $ (259,972) $ (3,008,845)
Operating Activities
Noncash Investing, capital, and financing activities: 466 $ $
Contribution of capital assets from gov't $
Loss on disposition of assets
Forgiveness of capital lease amount
Cash Reconciliation:
Unrestricted
Restricted
Total
$ (1,409) $ (1,525) $ (4,810)
$ 50,000 $ - $
$ 10,343,765 $ 9.645,894 $ 2,244,262
1,708,171 - 3,238,931
$ 12,051,936 $ 9,645,894 $ 5,483,193
L
The notes to the financial statements are an integral part of these statements.
r I.
Major Funds
Marathon
Airport Total
Governmental
Activities
Internal
Service
Funds
$ (658,564) $ (4,957,761) $ 4,088,619
490,263
1,552,927
79,507
22,423
150,600
39,573
5,650
20,806
(1,473)
518,429
(79,173)
105,550
309,194
82,900
(5,443)
(94,876)
(43,288)
-
520,146
(400)
(28,184)
5,665
(1,541)
861,467
21,927
(27,439)
(57,036)
(35,096)
-
(443)
494
589,063
3,200,406
591,182
_$ (69501) $ (1,757,355) $ 4,679,801
$ 3,075 $ 3,541 $ 1,223
$ (1 261) $ (9 005) $
---__ $ 50,000 $
$ 570,216 $ 22,804,137 $ 22,552,621
4, 947,102 -
$_ 570,216 $ 27,751,239 1 22
MONROE COUNTY, FLORIDA
STATEMENT OF FIDUCIARY NET ASSETS
FIDUCIARY FUNDS
SEPTEMBER 30, 2005
ASSETS
Cash and Cash Equivalents
Accounts Receivable
Total Assets
LIABILITIES
Accounts Payable
Due to Others
Due to Other Governmental Units
Total Liabilities
NET ASSETS
Held in Trust for Pension Benefits and Other
Purposes
Fire and
EMS
Pension
Trust Fund
Agency
Funds
$ 640,215 $ 7,927,209
13,610
640,215 $ 7,940,819
4,200 $ -
3,530,227
4,410,592
4,200 $ 7,940,819
$ 636,015
The notes to the financial statements are an integral part of these statements.
E-30
I
MONROE COUNTY, FLORIDA
STATEMENT OF CHANGES IN FIDUCIARY NET ASSETS
FIDUCIARY FUNDS
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Fire and
EMS
Pension
Additions:
Trust Fund
Employer Contributions
Investment Income
$ 58,904
16,271
Total Additions
75,175
Deductions:
Administration
(8,400)
Change in Net Assets
66,775
Total Net Assets- October 1
569,240
Total Net Assets- September 30
$ 636,015
The notes to the financial statements are an integral part of these statements.
E-31
THIS PAGE INTENTIONALLY LEFT BLANK
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The following summary of the more significant accounting policies of the Monroe County, Florida
(County) is presented to assist the reader in interpreting these financial statements and should be
viewed as an integral part of this report.
Reporting Entity - Entity status for financial reporting purposes is governed by Statement No. 14 of the
Governmental Accounting Standards Board (GASB) and Rules of the Auditor General, State of Florida.
The GASB is the standard -setting body for the establishment of accounting principles generally
accepted in the United States of America (GAAP) for governmental entities. Determination of the
financial reporting entity of the County is founded upon the objective of accountability. Therefore, these
financial statements include the County government (the primary government) and legally separate
component units for which operational or financial responsibility rests with the elected officials of the
County or for which the nature and significance of their relationship to the County are such that
exclusion would cause the financial statements to be misleading or incomplete.
Operational or financial responsibility is considered to have been met if the primary government
appoints a voting majority of the component unit's governing board and it is able to impose its will on
the unit or there is potential for the unit to provide specific financial benefits or impose specific financial
burdens on the primary government. All component units of the County have a September 30 fiscal
yearend.
The County is a Non -Charter County established as provided by Article VIII Section 1 of the Florida
Constitution and Section 125 of the Florida Statutes. The Board of County Commissioners, composed
of five members, is the legislative body for the County and as such budgets and provides funding used
by the separate Constitutional Offices with the exception of fees collected by the Clerk of Circuit Court
and the Tax Collector. The Crnmty Administrator also serves as the principal executive officer. In
re pe, -rued by constitutional officers who are
ors are the Clerk of the Circuit Courts, Property Appraiser,
Sheriff, Supervisor of Elections, and Tax Collector. Although these five officers are operationally
autonomous, they do not hold sufficient corporate powers of their own to be considered legally separate
component units for financial reporting purposes. Therefore, they are reported together with the Board
as part of the primary government. Under the direction of the Clerk of Circuit Court, the Monroe County
Finance Department maintains the accounting system for the Board's operations, but excludes those of
the Property Appraiser, Sheriff, Tax Collector, Clerk of the Circuit Court and Supervisor of Elections,
each of which maintains its own accounting system.
Services provided by the Board and accounted for within these financial statements include police
services for unincorporated areas of the County; health and social services; emergency medical
services; cultural and recreational programs; solid waste services and other governmental services.
Blended component units are legally separate entities that are in substance part of the County's
operation, as they either have governing bodies that are substantively the same as the County or they
provide their services exclusively or almost exclusively to the County. The financial transactions of the
component units are merged in with similar transactions of the County as part of the primary
government. The blended component units of the County are as follows:
F-1
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
Monroe County Florida Comprehensive Plan Land Authority (MCLA) - The MCLA was created by
Monroe County, Florida Ordinance 031-1986 pursuant to Florida Statute 380 and is considered a
legally separate entity from Monroe County. Its purpose is to operate a land acquisition program
in Monroe County, to implement the Monroe County Comprehensive Plan and address issues
created by it. The Monroe County Board of County Commissioners serves as the governing
board and is able to impose its will. Therefore, the MCLA, for financial reporting purposes, is
considered a blended component unit of Monroe County, Florida and is presented as a special
revenue fund of the County. Complete financial statements for MCLA can be obtained from
MCLA's administrative office at 1200 Truman Avenue, Ste. 207, Key West, Florida 33040.
Monroe County Industrial Development Authority (MCIDA) - The MCIDA was created by Monroe
County, Florida Resolution pursuant to Florida Statute 159. The MCIDA serves to assist in
financing and refinancing capital projects, which will foster economic development in the County.
The Monroe County Board of County Commissioners serves as the governing board and is able
to impose its will. Therefore, the MCIDA for financial reporting purposes, is considered a blended
component unit of Monroe County, Florida. The MCIDA is not legally required to adopt a budget;
however, the Board must authorize the issuance of bonded debt. Neither the MCIDA nor the
County has any legal obligation for repayment of the revenue bonds of the MCIDA. As an issuer
of "conduit" debt obligations, the MCIDA has no assets or liabilities.
Discretely -presented component units are legally separate entities, which do not meet the criteria for
blending. The Monroe County Housing Finance Authority (Authority) qualifies as a discretely presented
component unit of the County and is reported in a separate column to emphasize it is legally separate
from the County. Following is a description of the Authority:
and Monroe County, Florida Urdinance iWj-iyiy. lnio i,uuwu,y
accommodations for low, moderate, and middle income persons in Monroe County. Its five -
member board is appointed by the Board of County Commissioners. There is no budget approval
required by the Board, although there is an approval requirement for any bonded debt issuance.
The County has no obligation to pay the outstanding debt of the Authority; however, it does have
the power to remove an Authority board member without cause. Complete financial statements
for MCHFA can be obtained from MCHFA's administrative office at 1400 Kennedy Drive, Key
West, Florida 33040.
Basis of Presentation:
Government -wide Financial Statements: The statement of net assets and the statement of activities
report information about the nonfiduciary activities of the primary government and its discretely
presented component unit. Adjustments have been made to minimize the double counting of interfund
activity. These statements distinguish between governmental activities and business -type activities.
Governmental activities are primarily financed through taxes and intergovernmental revenues, while
business -type activities are primarily financed through charges for services to external parties.
The statement of activities presents a comparison between direct expenses of the program revenues
for each function of the County's governmental activities, and for each of the business -type activities.
F-2
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
Direct expenses are those that are clearly identified with a specific program or segment. Program
revenues include (a) fees, fines and charges for services, and (b) grants and contributions that are
restricted for the operating or capital requirements of a specific program. All taxes and other revenues
not meeting the criteria for classification as program revenues are reported as general revenues.
Fund Financial Statements: The fund financial statements provide information about the County's
funds, including its fiduciary fund and blended component unit. Separate statements for each fund
category — governmental, proprietary, and fiduciary — are presented. The emphasis of fund financial
statements is on major governmental and enterprise funds, each displayed in a separate column. All
remaining governmental and enterprise funds are aggregated and reported as nonmajor funds.
Proprietary fund operating revenues, such as charges for services, result from exchange transactions
associated with the principal activity of the fund. Exchange transactions are those in which each party
receives and gives up essentially equal values. Nonoperating revenues, such as subsidies and
investment earnings, result from non -exchange transactions or ancillary activities.
The following are reported as major governmental funds:
General Fund - The General Fund is the general operating fund of the County. All general tax
revenues and other receipts that are not required either legally or by accounting principles
generally accepted in the United States of America to be accounted for in other funds are
accounted for in the General Fund.
/ Fine and Forfeiture Special Revenue Fund - The Fine and Forfeiture Fund is used to account for
revenues received from fines and forfeitures imposed from the commission of statutory
a-�d to account for operations of
Road and Bridge Special Revenue Fund - The Road and Bridge Fund is used to account for all
revenues, operating expenditures and capital improvements for the construction and
maintenance of roads and bridges which are not grant funded.
Governmental Grants Special Revenue Fund - The Governmental Grant Fund is used to
account for operating revenues and expenditures for all governmental activity of federal and
state grants.
Sheriff HIDTA Grants Special Revenue Fund - The Sheriffs HIDTA Grants Fund is used to
account for all revenues and expenditures for the ONDCP Programs.
One Cent Infrastructure Surtax Capital Project Fund - The One Cent Infrastructure Surtax Fund
is used to account for capital improvements funded by the One Cent Infrastructure Surtax.
Infrastructure Sales Surtax Revenue Bonds Series 2003 Capital Project Fund — The
Infrastructure Sales Surtax Revenue Bonds, Series 2003 Capital Project Fund is used to
account for the proceeds of this bond issue.
The following are reported as major enterprise funds:
F-3
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
Municipal Service District -Waste - The Municipal Service District -Waste Fund is used to account
for the operations of solid waste collection, disposal and recycling activities, as well as the
closure and post closure of the landfills.
Card Sound Bridge - The Card Sound Bridge Fund is used to account for the operations of
Monroe County's Card Sound Toll Bridge.
Key West Airport - The Key West Airport Fund is used to account for the operations of Monroe
County's Key West International Airport.
Marathon Airport — The Marathon Airport Fund is used to account for the operations of Monroe
County's Marathon Airport.
The County also reports the following fund types:
Internal Service Funds - Internal service funds are used to account for the financing of workers
compensation insurance, health insurance, general liability insurance and fleet maintenance
services provided by one department to other departments of the Board or to other
governmental units on a cost reimbursement basis.
Pension Trust Fund - The pension trust fund is used to account for assets held by the Board in a
trustee capacity for a volunteer firefighters and emergency services length of service award
plan.
j_ + �,rn,rt fir held on hPhalf of third parties and do not
Measurement Focus and Basis of Accounting:
Government -wide, proprietary, and Fiduciary Fund Financial Statements - The government -wide,
proprietary fund, and pension trust fund financial statements use a flow of economic resources
measurement focus and the accrual basis of accounting. Eliminations have been made to minimize the
double counting of internal activities. Revenues and expenses that involve parties external to the
primary government and interfund services provided and used are not eliminated in the process of
consolidation. The agency funds have no measurement focus. Revenues are recognized when earned
and expenses are recognized when incurred, regardless of when the related cash flows take place.
Non -exchange transactions, in which the County gives (or receives) value without directly receiving (or
giving) equal value in exchange, include property taxes, grants, entitlements, and donations. On an
accrual basis, revenue from grants, entitlements, and donations is recognized in the fiscal year in which
all eligibility requirements have been satisfied.
Amounts reported as program revenues include 1) charges to customers or applicants for goods,
services, or privileges provided, 2) operating grants and contributions, and 3) capital grants and
contributions, including special assessments. Internally dedicated resources are reported as general
revenues rather than as program revenues. Likewise, general revenues include all taxes.
F-4
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
Proprietary funds distinguish operating revenues and expenses from nonoperating items. Operating
revenues and expenses generally result from providing services and producing and delivering goods in
connection with a proprietary fund's principal ongoing operations. The principal operating revenues of
the County's enterprise funds are charges to customers for sales and services. Operating expenses for
enterprise funds include the cost of sales and services, administrative expenses, and depreciation on
capital assets. All revenues and expenses not meeting this definition are reported as nonoperating
revenues and expenses.
Governmental Fund Financial Statements - Governmental fund financial statements are a current
financial resources measurement focus, and are maintained on the modified accrual basis of
accounting. Revenues are recognized when they become susceptible to accrual; that is, when they
become both "measurable" and "available to finance expenditures of the current period." The County
considers amounts collected within 60 days after year-end to be available and thus recognizes them as
revenues of the current year, except for property taxes since such taxes are collected to finance
expenditures of the subsequent period. Expenditures are recognized in the accounting period in which
the related fund liability is incurred, if measurable. Principal and interest on general long-term debt are
recorded as fund liabilities when due or when amounts have been accumulated in the debt service
funds for payments to be made early in the following year.
Revenues of the County, which are susceptible to accrual under the modified accrual basis of
accounting, include property taxes, gas taxes, interest revenue, and charges for services. In applying
the susceptibility -to -accrual concept to intergovernmental revenues, the legal and contractual
requirements of the numerous individual programs are used as guidance. There are, however,
essentially two types of these revenues. In one, monies must be expended for the specific purpose or
project before any amounts will be paid to the County; therefore, revenues are recognized based upon
^ic ;are vlrt: ally i ; s !ricfed as to purpose of expenditure
only for failure to ,ornply with prescribed compliance
cyi:i ciuuw, sucn as with equal employment opportunity. These resources are reflected as revenues
at the time of receipt or earlier if they meet the availability criterion.
Under the terms of the grant agreements, the County funds certain programs by a combination of
specific cost -reimbursement grants, categorical block grants, and general revenues. Thus when
program expenses are incurred, there are both restricted and unrestricted net assets available to
finance the program. It is the County's policy to first apply cost -reimbursement grant resources to such
programs, followed by categorical block grants, and then by general revenues.
GASB Statement No. 20 Election - Pursuant to the election option made available by GASB Statement
No. 20, pronouncements of the Financial Accounting Standards Board (FASB) issued after November
30,1989 are not applied in the preparation of the County's government -wide and enterprise fund
financial statements.
Budgets and Budgetary Data - The following are the statutory procedures followed by the Board of
County Commissioners (the Board) in establishing the budget for the County.
1) On or before June 1 of each year the Sheriff, the Clerk of the Circuit Court, the Tax Collector, and
the Supervisor of Elections shall each submit to the Board a tentative budget for their respective
offices for the ensuing fiscal year.
F-5
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
2) Within fifteen days after certification of the ad valorem tax roll by the Property Appraiser, the
County Budget Officer submits to the County a proposed budget for the fiscal year commencing
the following October 1. The budget includes proposed expenditures and the means of financing
them.
3) By Board resolution, a tentative budget is submitted to the public. Public hearings are held to
obtain taxpayer comments.
4) Fifteen days after adoption of the tentative budget, a final budget is submitted for review and
adoption at a final public hearing.
5) Prior to, or on September 3D, the Board's budget is legally enacted through passage of a
resolution. Accordingly all fund types have an adopted budget as required by Florida Statute
129.03. All funds have legally adopted budgets, except for the Law Library, Impact Fees -Fair
Share Housing, Supervisor's Voter Education and Equipment, Sheriff's Teen Court, and Stock
Island Wastewater Special Revenue Funds.
6) During the year, the Office of Management and Budget acts on intradepartmental budget
changes that do not alter the total revenue or expenditures budgeted to a cost center. A cost
center represents a particular area of Board operations or a department. All other budget
changes (whether they are transfers between cost centers or alterations of total revenues and
expenditures in a fund) are approved by the Board. Supplemental appropriations were
necessary and the budgetary data presented herein was amended by the Board during the year.
7) Florida Statute 129, Section 7, as amended in 1978, provides that only expenditures in excess of
r,)tal f„ni 11ur1gets -)re , jilawiful However, because the Board acts on all budget changes
8) Budgeted to Acwdl LxNcj,U:L,,iC ,�P,,1
the year for all fund types.
9) Budgets for all funds are adopted on a basis consistent with accounting principles generally
accepted in the United States of America (GAAP) for that fund type, except for mortgage loans
made by governmental funds. The budget for the Comprehensive Plan Land Authority Special
Revenue Fund is prepared on a basis consistent with accounting principles generally accepted in
the United States of America, except that $700,000 of mortgage receipts are budgeted as
operating activities and $25,731 of compensation accruals are not budgeted.
lo) All appropriations lapse at year-end
Encumbrances - Encumbrance accounting, under which purchase orders, contracts, and other
commitments for the expenditure of moneys are recorded as a reservation of budget, is employed as
an extension of the statutorily required budgetary process. Under Florida Statutes, appropriations,
even if encumbered, lapse at fiscal year end. Encumbrances outstanding at September 30, 2005,
represented by purchase orders and other executory contracts, were approximately $281,005. It is the
County's intention to substantially honor these encumbrances under authority provided in the
subsequent year's budget.
F-6
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE '1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
Cash and Cash Equivalents - Cash balances for the majority of funds are pooled for investment
purposes. Earnings from such investments are allocated to the respective funds based on applicable
cash participation by each fund. The investment pools are managed such that all participating funds
have the ability to deposit and withdraw cash as if they were demand deposit accounts, and therefore
all balances representing participants' equity in the investment pools are classified as cash equivalents
for purposes of these statements. For investments which are held separately from the pools, those
which are highly liquid (including restricted assets), with an original or remaining maturity of 90 days or
less, are considered to be cash equivalents.
Investments - Florida Statute 218.415 authorizes local governments to invest its funds pursuant to a
written investment plan. The County's investment policy allows investment of surplus funds in the
following investments:
a) The Florida Local Government Surplus Funds Trust Fund Investment Pool (SBA).
b) United States Government Securities - Negotiable direct obligations, or obligations the
principal and interest of which are unconditionally guaranteed by the United States
Government.
c) United States Government Agencies - Bonds, debentures, notes, callables and fixed rate
mortgage -backed securities issued or guaranteed by United States Government
Agencies, provided such obligations are backed by the full faith and credit of the United
States.
d) Federal Instrumentalities (United States Government -sponsored agencies) - Senior
obligations, which include bonds, debentures, notes, callables and fixed rate mortgage -
backed securities issued or guaranteed by United States government -sponsored
agencies (Federal Instrumentalities). These are limited to the following:
• Federal Farm (r-rtit Ranh rrr•r
• Federal Home Loan Mortgage Corporations (Freddie -Macs) including Federal
Home Loan Mortgage Corporation participation certificates.
e) Interest -bearing Time Deposit or Savings Account - Non-negotiable interest -bearing time
certificates of deposit or savings accounts in financial institutions organized under the
laws of this state and/or in national financial institutions organized under the laws of the
United States and doing business and situated in the State of Florida, provided that any
such deposits are secured by the Florida Security for Public Deposits Act, Chapter 280,
Florida Statutes. Additionally, the financial institution shall not be listed with any
recognized credit watch information service.
f) Registered Investment Companies (Money Market Mutual Funds) - Shares in open-end
and no-load Money Market Mutual Funds provided such funds are registered under the
Federal Investment Company Act of 1940 and operate in accordance with 17 C.F.R.
270.2a-7, which stipulates that money market funds must have an average weighted
maturity of 90 days or less. In addition, the share value of the money market funds must
equal to $1.00.
g) Intergovernmental Investment Pool Intergovernmental Investment Pools that are
authorized pursuant to the Florida Interlocal Cooperation Act, as provided in Section
163.01, Florida Statutes.
F-7
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
The County invests funds throughout the year in the Local Government Surplus Funds Trust Fund, an
investment pool administered by the State Board of Administration of Florida. All investments are
stated at fair value. Investments in the Local Government Surplus Funds Trust Fund Investment Pool,
which is an external 2a7-like investment pool, are stated at share price, which is substantially the same
as fair value.
Accounts Receivable - Amounts due from private individuals, organizations, or other governments,
which pertain to charges for services rendered by County departments are reported as accounts
receivable. Receivables are reviewed periodically to establish or update the provisions for uncollectible
amounts. These provisions are estimated based on an analysis of the age of the various accounts.
Interfund Balances and Activity - During the course of normal operations, the County has numerous
transactions between funds. Examples of theses transactions include providing services, constructing
assets or servicing debt. These transactions are generally recorded as interfund transfers, except for
internal service fund charges, which are reflected as revenues to internal service funds and expenses
to expenditures to the funds receiving the services. Additionally, short-term interfund loans are
recorded from time to time as cash flow needs arise. As of fiscal year-end, any unpaid amounts related
to these transactions are reported as "due from other funds" or "due to other funds" on the fund
financial statements, and "internal balances" on the government -wide financial statements. Interfund
loans not expected to be repaid within one year are reported as advances. In governmental funds,
advances, if any, are offset equally by a fund balance reserve, which indicates that they do not
constitute expendable available financial resources and, therefore, are not available for appropriation.
Inventory — Inventory in the General Fund consists of certain supplies, which are stated at cost using
-ntln+ No
aLWulk Zvi tlils
Capital Assets - Capital assets of the County include property, buildings, equipment, and infrastructure
assets (e.g. roads, bridges, curbs and gutters, streets and sidewalks, drainage systems and lighting
systems). Constructed or purchased assets are recorded at historical or estimated historical cost at the
time of purchase. Donated assets are recorded at estimated fair market value at the date of donation.
In accordance with GASB Statement No. 34, an extended period of deferral until September 30, 2006
fiscal year end is available before the County's infrastructure assets acquired prior to October 1, 2001
are required to be reported on the government -wide financial statements of the County. The County
has elected to defer reporting of certain governmental infrastructure assets acquired prior to October 1,
2001.
Pursuant to changes in Florida Statute 274.02, the County adopted by resolution a change in the
capitalization threshold for additions to equipment to $1,000 from $750. The net book value of the
write-offs totaled approximately $127,000 and are reported as deletions in FY 2005. Buildings are
capitalized when the value is $15.000 or greater. Public domain and system infrastructure assets
represent major expenditures for such items as roads, water and sewer treatment plants and lines,
landfill improvements, parks and drainage systems. Additions and improvements for roads, water,
sewer, landfill and drainage infrastructure are capitalized when the cost amounts to $250,000 while
park additions and improvements are capitalized at $25,000.
F-8
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
Depreciation has been provided using the straight-line method. The estimated useful lives of the
various classes of depreciable capital assets are as follows:
Life — Years
Buildings
10-50
Equipment
5-10
System infrastructure
10-50
Public domain infrastructure
20-50
Capacity rights
99
Restricted Assets - The use of certain assets of enterprise funds is restricted by specific provisions of
bond resolutions and agreements with various parties. Assets so designated are identified as restricted
assets on the balance sheet. When both restricted and unrestricted resources are available for use,
the County's policy is to use restricted resources first, and then unrestricted resources, as they are
needed.
Property Taxes - Property taxes, based on assessed values at January 1, are levied and become due
and payable on November 1st of each year. A four percent discount is allowed if the taxes are paid in
November, with the discount declining by one percent each month thereafter. Taxes become
delinquent on April 1st of each year, and tax certificates for the full amount of any unpaid taxes and
assessments must be sold not later than June 1st of each year. No accrual for the property tax levy
becoming due in November of 2004 is included in the accompanying fund financial statements, since
such taxes are collected to finance expenditures of the subsequent period.
Compensated Absences — County policy permits employees to accumulate a limited amount of annual
and sick leave, which will be paid to employees upon terminntinn of emnlnvment. In the novernment-
Landfill Closure Costs - Under the terms of current state and federal regulations, the County is required
to place a final cover on closed landfill areas, and to perform certain monitoring and maintenance
functions for a period of up to 30 years after closure. In accordance with GASB Statement No. 18, the
Board is recognizing these costs of closure and post closure maintenance over the active life of each
landfill area, based on landfill capacity used during the period. Required obligations for these costs are
recognized in the Municipal Service District -Waste enterprise fund for public landfill operations.
Deferred Revenue - Deferred revenues include amounts collected before revenue recognition criteria
are met. In the governmental fund statements, amounts associated with receivables which, under the
modified accrual basis of accounting, are measurable but not yet available are reported as deferred
revenues. The deferred items of the County consist primarily of contracts for providing services in the
future and grant funds received in advance of expenditures.
Long -Term Obligations — In the government -wide financial statements, and proprietary fund financial
statements, long-term debt and other long-term obligations are reported as liabilities in the applicable
governmental activities, business -type activities, or proprietary fund type statement of net assets. Bond
premiums and discounts, as well as issuance costs, are deferred and amortized over the life of the
bonds using the straight-line method that approximates the effective interest method. Bonds payable
are reported net of the applicable bond premiums or discount. Bond issuance costs are reported as
deferred charges and amortized over the term of the related debt.
F-9
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
In fund financial statements, governmental fund types recognize bond premiums and discounts, as well
as bond issuance costs, during the current period. The face amount of debt issued is reported as other
financing sources. Premiums received on debt issuances are reported as other financing sources while
discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not
withheld from the actual debt proceeds received, are reported as debt service expenditures.
Use of Estimates - The presentation of financial statements in conformity with accounting principles
generally accepted in the United States of America, as applicable to governmental units, requires
management to make use of estimates that affect the reported amounts in the financial statements.
Actual results could differ from estimates.
Reclassifications — Certain amounts presented in the prior year's data have been reclassified to be
consistent with the current year's presentation.
Net Assets — Net assets in the government -wide and proprietary fund financial statements are classified
as invested in capital assets, net of related debt, restricted, and unrestricted. Restricted net assets
represent constraints on resources that are either externally imposed by creditors, grantors,
contributors, or laws or regulations of other governments or imposed by law through state statute.
Fund Balances — In the governmental fund financial statements, reservations or restrictions of fund
balance represent amounts that are not appropriable or are legally segregated for a specific purpose.
Designations of fund balance represent tentative management plans that are subject to change.
The governmental fund types classify fund balances as follows:
related to purchase orders and contracts that remain unperformed at year-end.
Reserved for Land Acquisition — portion of fund balance used for the operation of the
Comprehensive Plan of the Land Authority.
Reserved for Mortgage Loans — portion of fund balance offsetting mortgages receivable for the
Comprehensive Plan Land Authority Special Revenue Fund because they are not available
spendable resources.
Reserved for Debt Service — portion of fund balance available to pay for any commitments
related to outstanding debt at year-end.
Unreserved
Designated for Special Revenue — portion of fund balance is designated by the County in the
Tourist Development Fund District I for beach nourishment projects.
Undesignated - portion of total fund balance available for appropriation that is uncommitted at
year-end.
F-10
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 2 - CASH, CASH EQUIVALENTS AND INVESTMENTS
The County maintains a cash and investment pool that is available for use by all funds except those
whose cash and investments must be segregated due to bond covenants or other legal restrictions.
As of September 30, 2005, the carrying value of the County's deposits and investments, other than that
of the Pensions Trust Fund, with their respective credit ratings, was as follows:
Credit Less than 6 months
Investment Type Rating Fair Value 6 months to 1 year 1 to 3 years
Demand and time Deposits N/A $ 29,089,283 $ 29,089,283 $ - $
Local Government Surplus Funds
Trust Fund Unrated 152,843,656 152,843,656
Repurchase Agreements N/A 6,490,096 6,490,096
U.S. Government Treasuries N/A 1,998,046 - - 1,998,046
Federal instrumentalities -Discount
notes A-1+ 9,969,351 9.969,351 _ _
Federal instrumentalities -Notes
and Bonds AAA 34,567,303 10,463,481 8,022,164 16,081,658
Total fair value $ 234,957,735 $ 208,855,867 $ 8,022,164 $ 18,079,704
Credit Risk — The County's Investment Policy (Policy) limits credit risk by restricting authorized
investments to the following: Florida Local Government Surplus Funds Trust Fund Investment Pool
administered by Florida's State Board of Administration (a 2a7-like pool), direct obligations of the
United States or its agencies and instrumentalities, money market mutual funds, and Intergovernmental
Investment Pools authorized by the Florida Statutes. The Policy requires that investments in federal
n v-,rr .:r` a :xisored
Ut
uo,ier uy . kduJaru & euors (6&P) or other nationally recognized rating agency. All credit ratings
indicated in the previous table are S&P ratings.
Concentration of Credit Risk — The Policy establishes limitations on portfolio composition, both by
investment type and by issuer, in order to control concentration of credit risk. The Policy provides the
following maximum limits of the portfolio, with limits in any one issuer of the portfolio invested:
Portfolio Maximum in
Investment Tvoe Maximum any one issuer
Florida Local Government Surplus Funds Trust 100% n/a
Fund
United States Government Securities 100% n/a
United States Government Agencies 50% 10%
Federal Instrumentalities 80% 30%
Maximum in callable securities 25% 25%
Interest -bearing Time Deposit or Savings Accounts 10% 10%
Money Market Mutual Funds 20% 10%
Intergovernmental Investment Pool 10% n/a
F-11
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 2 - CASH, CASH EQUIVALENTS AND INVESTMENTS (Continued)
At September 30, 2005, the portion of the Board's investment portfolio invested in Federal
instrumentalities is detailed as follows: Percent of
Investment Portfolio
Issue 1 %
Federal Farm Credit Bank 6%
Federal Home Loan Bank 3%
Federal Home Loan Mortgage Corporation 10%
Federal National Mortgage Association (of which
2% is callable)
Custodial Credit Risk — The Policy requires bank deposits secured as provided by Chapter 280, Florida
Statutes. This law requires local governments to deposit funds only in financial institutions designated
as qualified public depositories by the Chief Financial Officer of the State of Florida, and create the
Public Deposits Trust Fund, a multiple financial institution pool with the ability to assess its member
financial institutions for collateral shortfalls if a default or insolvency has occurred. Demand deposits
are insured by the FDIC up to $100,000 at each financial institution, and amounts in excess of
$100,000 are secured by the Public Deposits Trust Fund. At September 30, 2005, all of the County's
bank deposits were in qualified public depositories.
The Policy requires execution of a third -party custodial safekeeping agreement for all purchased
ame. As of
the County's nd requires that investments are held securities na ba k'strust department in he County's naber 30, 2005, all of
me
Interest Rate Risk — The Policy limits the investment of three months of operating expenditures to
twelve months. The Policy limits the investment of non current operating funds to five years.
Local Government
Demand
Surplus Trust Fund
Deposits
Total
Unrestricted Cash and Cash Equivalents:
Governmental Activities
$ 120,849,754
$ 21,702,86
$ 122,551,621
Governmental Funds
22,555,409
1,248,728
22,804.131
Internal Service Funds
22,555,409
248,728
22,804,137
Business -type Activities
Total Unrestricted Cash and Cash
150,496,063
24,412,446
174,908,509
Equivalents
Restricted Cash and Cash Equivalents: 1,708,171 3,238,931 4,947,102
Business -type Activities
Total Cash and Cash Equivalents $ 152,204,234 $ 27,651,377 $ 179,855,611
At September 30, 2005, the fiduciary funds had pooled cash balances totaling $8,567,424 with the SBA
and demand deposits comprising $639,423 and $7,928,001, respectively.
F-12
0
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 2 - CASH, CASH EQUIVALENTS AND INVESTMENTS (Continued)
Component Unit — At September 30, 2005, the Monroe County Housing Finance Authority maintained
deposits totaling $54,351, which are insured by the FDIC up to $100,000.
NOTE 3 —ACCOUNTS RECEIVABLE
Accounts receivable, in the accompanying fund financial statements, are shown net of the allowance for
doubtful accounts. The allowance is as follows: $819,452 for nonmajor governmental funds, $574,666
for the Municipal Service District -Waste Fund, and $26,252 for the Key West Airport Fund.
NOTE 4 — MORTGAGES/NOTES RECEIVABLE
Mortgages receivable at September 30, 2005 consist of the following:
Other Governmental Funds -
Local Housing Assistance Fund:
Second Mortgages Receivable from individuals, collateralized by
personal residences. Commencing in year sixteen of the mortgage,
principal and accrued interest at 3% will be forgiven at the rate of
6.66% annually. The entire principal balance and accrued interest
will be forgiven at the end of year thirty. If the residence is sold
before the initiation of the forgiveness period, the full amount of the
mortgage and accrued interest is due at closing. $ 129,056
Second Mortgages Receivable from individuals, collateralized
by rnrann�l r..�ir{pnr•na p sn��.-,�-..,.,,.,�rf„ �h ham. a
�de.r-rnd for the
,evil is
- ..• • y y —i—t is 1101 charged on the mortgages
unless the mortgagor is in default, in which case the interest rate is
12% per annum from the date when payment of the second is due.
The entire balance of the loan is intended to be forgiven. However, in
the event the home is sold, transferred, rented, refinanced or the first
mortgage loan is satisfied, the entire mortgage balance is due. 2,247,247
Second Mortgages Receivable from individuals, collateralized by
personal residences. The entire balance of the mortgage will be
forgiven over a ten year period at the rate of ten percent per year
upon the anniversary of the mortgage, provided that the mortgagor
complies with the mortgage covenants. The mortgages are interest
free.
Mortgages Receivable due from individual, collateralized by personal
residence, payable in annual installments of $1,500 over a ten-year
period, interest free.
794,158
4,500
3,174,961
F-13
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 4 — MORTGAGES/NOTES RECEIVABLE (Continued)
Affordable Housing Programs Fund:
Second Mortgages Receivable from individuals, collateralized by land
and buildings, payable in monthly installments of $3,622 including
interest at 3%, final payment due March 1, 2004.
Second Mortgages Receivable from individuals, collateralized by
personal residences. The entire amount of the loan will be forgiven
over a ten-year period at a rate of one fifth per year, beginning on the
7th anniversary of the completion of the construction of the
improvements funded by the mortgage, provided that the mortgagor
complies with the mortgage covenants.
Governmental Grants Fund:
Second Mortgages Receivable from individuals, collateralized by
personal residences. The entire amount of the loan will be forgiven
over a ten-year period at a rate of one fifth per year, beginning on the
7th anniversary of the completion of the construction of the
improvements funded by the mortgage, provided that the mortgagor
complies with the mortgage covenants.
Comprehensive Plan Land Authority Fund:
First mortgages due from not -for -profit agency, collateralized by land,
FItbt IIlultydyu uu� iiuiI, '_" �y.;� .y, ; j _
payable in full April 2028, interest free.
First mortgage due from governmental agency, collateralized by land
and building, payable in full May 2031, interest free.
First mortgage due from governmental agency, collateralized by land,
payable in full January 2034, interest free.
First mortgage due from governmental agency, collateralized by land
and building, payable in full September 2045, interest free.
Third mortgage due from private company, collateralized by land,
payable in full May 2050, interest free.
Third mortgage due from private company, collateralized by land,
payable in full September 2053, interest free.
269,337
18,236
287,573
32.540
0 )04
382,554
1,500,000
2,210,000
59,025
1,089,000
1,500,000
6,754,563
F-14
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 4 — MORTGAGES/NOTES RECEIVABLE (Continued)
One Cent Infrastructure Surtax Fund:
Agreement with the Key Largo Wastewater Treatment District,
whereby the County granted an interest free loan to the District in the
amount of $914,285, of which $731,428 was provided by the County
and $182,857 was provided by the Florida Keys Aqueduct Authority.
Total Mortgages/Notes Receivable
914,285
As the mortgages receivable associated with the Local Housing Assistance fund are intended to
ultimately be forgiven, an allowance for uncollectible accounts of $3,174,961 has been established.
The mortgages receivable associated with the Affordable Housing Program, Governmental Grants, and
One Cent InfrastructureSurtax funds are offset by an allowance for uncollectible accounts of $287,573,
$32,540, and $914,285, respectively.
A reserve of fund balance of $6,754,563 represents the mortgages receivable related to the
Comprehensive Plan Land Authority Special Revenue Fund that are equally offset by a fund balance
reserve, which indicates that they do not constitute "available spendable resources," even though they
are a component of total assets. This also represents the difference in fund balance for the
Comprehensive Plan Land Authority Special Revenue Fund on a GAAP basis versus the budgetary
basis.
NOTE 5 — DEFERRED/UNEARNED REVENUE
The balance in deferred revenues in the fund financial statements (includes both the deferred and
unearned revenue amounts below) and unearned revenues in the government -wide financial
sta+emPrtc et vear ^nri w,c cnronrr,ari of the followin al t
g ., emen s.
Deferred
Unearned
Accounts receivable (General)
Revenue
$ -
Revenue
$ 117,839
Grant funds not received (Governmental Grants)
1,172,409
51,898
Accounts receivable (Other Governmental)
Unearned (Marathon Airport)
-
157,409
1172,409
293
227.439
NOTE 6 — RESTRICTED ASSETS
Restricted assets include those provided for the landfill escrow account and airport passenger facility
charges. Total restricted assets as of September 30, 2005 are as follows:
Cash and
_Enterprise Fund — Municipal Service District Waste Cash Equivalents
Landfill Closure Escrow $ 1,708,171
Enterprise Fund — Key West Airport
Passenger Facility Charge Funds 3,238,931
$ 4.947 I_n9
F-15
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 7 — CAPITAL ASSETS
Capital assets activity for the year ended September 30, 2005 is as follows:
Balances Additions Reductions Balances
Governmental activities:
Capital assets not being depreciated:
Land
Construction in progress
Total capital assets not being depreciated
Capital assets being depreciated:
Buildings
Equipment
Infrastructure
Capacity Rights
Total capital assets being depreciated
Less accumulated depreciation for:
Buildings
Equipment
Infrastructure
Capacity Rights
Total accumulated depreciation
Total capital assets being depreciated, net
Total Governmental Activities, capital assets, net
Capital assets not being depreciated:
Land
Construction in progress
Total capital assets not being depreciated
Capital assets being depreciated:
Land
Buildings
Equipment
System Infrastructure
Total capital assets being depreciated
Less accumulated depreciation for:
Land
Buildings
Equipment
System Infrastructure
Total accumulated depreciation
Total capital assets being depreciated, net
Business -type activities, capital assets, net
$ 47,353,649
$ 10,641,477
$ (3,810,634) $
(5,174,613)
54184492
572,,018
,�_
8,099,167
55,452,816
6,647,464
17— 2g8,941
(8,985,247)
63 756
100,153,884
4,511,191
6,586,806
(71986)
(5,222,185)
104,657,089
51,748,952
50,384,331
3,526,374
408,600
3,934,974
3,150,000
3,150,000
157,214,589
11,506,597(5
230,171)
16
28,212,125 2,675,195
26,362,394 5,435,070
177,175 190,538
- 31,818
54,751,694 8— 3_ 32 621
102,462.895
157,915,711
30,887,320
(3,660,620) 28,136,844
367,713
31,818
3, 60,620 59,423,695
10— 4— 06— 7 320
16_ 7,823,83�
H,;,r,n11
$ -
$ - $
4,802,020
$ 4,802,020
3,937,325
4,623,603
(1 943,516) �6.61_
7,412
8— 739,345
4,623, 003
(1,943,5161
11419,432
212,925
212,925
-
17,504,935
13,405,119
3,428,444
193,078
(179,009)
3,419,188
25,428,444
q
2 081,978_
2,275,056
(179,009)
27,510,422
�--
48,647,470
��_
423423
_
212,925
212,925
3,393.500
428,169
3,821,669
2,896,864
2,790,569
281,562
(175.267)
8,430.490
7,474,19'1
i— 3 gj1,1g5
956,299
$ 1,666,030
- __
$ (175,267)
1— 8
33,285,522
32,680,2 38
$
44,704,954
$ 41,419.583
An additional $16,886,723 will be required to complete the construction projects under present
contractual agreements as of September 30, 2005.
F-16
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 7 - CAPITAL ASSETS (Continued)
Depreciation was charged to functions/programs on the statement of activities as follows:
Governmental Activities:
Business -type Activities:
General Government
$ 1,397,981
Municipal Service District -Waste
Public Safety
5,341,304
Card Sound Bridge
Physical Environment
78,820
Key West Airport
Transportation
260,877
Marathon Airport
Economic Environment
12,489
Total Business -type Activities
Human Services
303,764
Culture and Recreation
519,857
Court Related
417,529
Total Governmental Activities
$ 8,332,621
$ 48,496
218,050
797,340
602,144
$ 1,666,030
Internal service fund capital asset information is included in the governmental activities on the
government -wide financial statements, because the internal service funds predominately serve those
activities.
NOTE 8 - LONG-TERM DEBT
The following is a summary of changes in long-term debt for the year ended September 20, 2005:
Current
Portion of
Beginning
Ending
Long-term
Balances
Additions
Payments
Balances
Liabilities
000
Revenue note payable
2,919,718
547,869
2,371,b49
563,078
Note payable
25,439
-
5,985
19,454
6,485
Accrued compensated
6,046,447
2,657,067
2,583,078
6,120,436
587,285
Capitalized lease obligations
1,463,102
575,238
571,893
1,466,447
630,827
Other
1,400,000
1,400,000
-
Total GovT Activities
32,204,706
3,232,305
6,253,825
29,183,186
2.957,675
Business -type Activities:
Revenue note payable
$ 3,674,040
$ - $ 402,494
$ 3,271,546
$ 416,935
Accrued compensated
358,602
190,959 247,995
301,566
6,134
Landfill closure costs
373,918
- 5,678
368,240
-
Capitalized lease obligations
Total Business -type Activities
967,270
- 50,000
917,270
50,000
5,373,830
190,959 706,167
4,858,622
4 55,069
Total Long -Term Debt $ 37,578,536 $ 3,423,264 $ 6,959,992 $ 34,041,808 $ 3,432,744
Internal service fund long-term debt information is included in the governmental activities on the
government -wide financial statements, because the internal service funds predominately serve those
activities. Also, for governmental activities compensated absences are generally liquidated by the
applicable governmental fund.
F-17
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 8 - LONG-TERM DEBT (Continued)
Summary of Indebtedness
The following is a summary of the County's bonds and notes as of September 30, 2005:
Governmental Activities
Revenue Bond:
Infrastructure Sales Surtax Revenue Bonds, Series 2003 $ 19,205,000
Revenue Note:
Guaranteed Entitlement Refunding Revenue Note, Series 2002 2,397,740
Less: Unamortized Discount (25,891)
Total Revenue Note 2,371,849
Note Payable for vehicle purchase, interest free 19,454
Total Governmental Activities $ 21,596,303
Business -type Activities
Revenue Note:
Solid Waste System Refunding Revenue Note, Series 2002 $ 3,397,390
Less: Unamortized Discount (125,844)
Total Business -type Activities $ 3,271,546
Governmental Activities
Principal
Interest
Total
2006
$ 1,747,242
$ 700,303 $
2,447,545
2007
1,801,651
659,994
2,461,645
2008
1,855,134
618,410
2,473,544
2009
1,913,167
570,620
2,483,787
2010
1,335,000
516,733
1,851,733
2011-2015
7,555,000
1,893,923
9,448,923
Business-tvpe Activities
Principal
Interest
Total
$ 437,909
$ 108,385
$ 546,294
452,841
93,197
546,038
468,283
77,492
545,775
484,252
61,251
545,503
500,765
44,457
545,222
1,053,340
36,220
1,089,560
2016-2020 5,415,000
435,700 5,850,700
-
21,622,194
5,395,683 27,017,877
3,397,390 421,002 3,818,392
Less:
Unamortized
Costs (25,891)
(25,'91)
(125,844) (125,844)
$ 21,596,303
$ 5,395,683 $ 26,991,986
$ 3,271,546 $ 421,002 $ 3,692,548
At September 30, 2005, the current portion of the unamortized discount for the governmental activities
totals $25,891.
F-18
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 8 - LONG-TERM DEBT (Continued)
Long -Term Debt at September 30, 2005 is composed of the following issues:
$21,455,000 Infrastructure Sales Surtax Revenue Bonds. Series 2003
Type: General Government Revenue Bonds
Dated: March 2003
Final maturity: Year 2018
Principal payment date: April 1
Interest payment dates: April 1 and October 1
Interest rates: 2.0% to 4.0%
Reserve requirement: None; MBIA insured.
Revenue pledged: One Cent Local Government Infrastructure Sales Surtax
Purpose: To construct and acquire equipment and capital improvements.
Call provisions: First redemption date may not be later than 4/20/13 and no call
premium may exceed 2% of the par amount redeemed.
$3,495,144 Guaranteed Entitlement Refunding Revenue Note, Series 2002
Type: General Government Revenue Note
Dated: December 2002
Final maturity: Year 2009
Principal payment date: December 1
Interest payment dates: June 1 and December 1
Interest rates: 2.96%
Reserve requirement: None.
Revenue pledged: Lien and pledge of Guaranteed Entitlement and 8erond Gi mrnnteed
Purpose: To refund on a current basis the $7,230,000 Monroe County, Florida
Refunding Revenue Bonds, Series 1993.
Call provisions: No prepayment penalty. Bank requires 10 days notice.
$4 143 945 Solid Waste Disposal System Refunding Revenue Note Series 2002
Type: Enterprise Revenue Note
Dated: December 2002
Final maturity: Year 2012
Principal payment date: October 1
Interest payment dates: April 1 and October 1
Interest rates: 3.41 %
Reserve requirement: None on Note.
Revenue pledged: Gross revenues from the solid waste disposal, collection and
management systems.
Purpose: To refund on a current basis the Monroe County Municipal Service District.
Refunding Improvement Bonds, Series 1991.
Call provisions: No prepayment penalty. Bank requires 10 days notice.
F-19
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 8 - LONG-TERM DEBT (Continued)
Other Long -Term Debt
On February 19, 2003, the Board approved a settlement agreement pertaining to a land use lawsuit.
The agreement requires that the Board make payments totaling $5,900,000 to the plaintiffs. The first
and second payments were made March 14, 2003 and February 14, 2004 in the sums of $2,500,000
and $2,000,000, respectively. The final payment of $1,400,000 was made in February, 2005.
Infrastructure Sales Tax Revenues were available to fund the payments.
NOTE 9 - DEFEASANCE OF DEBT
In prior years, the County defeased revenue bonds by placing the proceeds of new bonds with an
escrow agent in irrevocable trust accounts to provide for all future debt service payments on the old
bonds. Accordingly, the trust account assets and liabilities for the defeased bonds are not included in
the County's financial statements.
The following schedule reflects the outstanding principal on refunded bonds, by issue, as of September
30, 2005:
$2,155,000 Refunding Improvement Revenue Bonds, Series 1983;
defeased on January 1, 1993 using proceeds from the Refunding
Improvement Revenue Bonds, Series 1993/83 $ 940,000
$5,000,000 Improvement Revenue Bonds, Series 1988; defeased on May
1, 1993 using proceeds from the Refunding Revenue Bonds, Series
1993/88 2,340,000
Total Governmental Activities $3,280.0()Q
_11r.� , _,,� .mow un "UU i„uw u, ibb;� ubuiy Niuceedb hom the
$9,211,774 Municipal Service District Refunding Improvement Bonds,
Series 1985 $ 5,370,000
$9,211,774 Municipal Service District Refunding Improvement Bonds,
Series 1985; defeased on April 1, 1991 using proceeds from the Municipal
Service District Refunding Improvement Bonds, Series 1991 5,310,000
$4,585,000 Card Sound Road and Bridge Improvement Revenue Bonds,
Series 1993; defeased on March 8, 1994 using available cash 1,305,000
Total Business —type Activities 11.985.000
NOTE 10 - LEASE OBLIGATIONS
Capitalized lease obligations are stated at the original fair market value of leased assets capitalized,
less payments since the inception of the lease discounted at the implicit rate of interest in the lease.
The future minimum debt reductions under capitalized leases consist of the following at September 30,
2005:
F-20
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 10 - LEASE OBLIGATIONS (Continued)
Fiscal year ending
2006
2007
2008
2009
2010
2011-2015
2016-2020
2021-2025
September 30:
Total minimum payments
Amounts representing interest
Present value of net minimum lease payments
Governmental
Activities
$ 683,781
489,514
215,878
164,740
22,846
1,576,759
_ (110,312)
$ 1,466,447
Leased property which has been capitalized as of September 30, 2005 is as follows:
Governmental Business -type
Activities Activities
Equipment $ 1,994,375 $ 2- 3- 3 p
Less: Accumulated Depreciation 198,295 2,335,830
1,7 66,080
Business -type
Activities
$ 50,000
50,000
50,000
50,000
50,000
250,000
250,000
167,270
917,270
$ 917,270
Rental expense under cancelable operating leases for the current year amounted to $4,096,284
ianilr, ul oit; ir:dses Nruviuu wl 'Ullidi ul wl Nut yudt iul au years, onyuuty ul rhu yudl t021. Momue
County provides the MCLA's office space at no cost.
NOTE 11 - INTERFUND BALANCES
Interfund balances at September 30, 2005 are as follows:
Payable Fund:
Receivable Fund:
General
Fine 8 Road and Governmental
Forfeiture BridgeGrards
one Cent
HIDTA
Nona jor
General
$ 144,494
$ - $ - $
Intrastnidure
Govemn ental
MSD
Se cel
Total
Road and Bridge
606,023
36,839
S27,099 $ -
$ 115,025
$ 877
$ -
$ 324,334
Governmental Grants
99,914
1,667 20,205
29,234
-
2,008
-
637,265
HIDTA
5,&39
- -
- 451
49,967
88
-
172,292
One Cent
163,976
- -
17,450
5,849
2003 Infra Rev Bonds
_
-
-
181,426
Nonrnaja Governmental
4,548,413
-
_
409,416
2,000
-
-
-
2,000
MSD
448,41
21
-
193,724
812
1,473
5,153,838
Card Sound Bridge
244,549
-
-
-
-
-
466,721
Key West Airport
161,838
-
_-
_-
-
-
267
-
244,818
24,816
Marathon Airport
100,826
- _
_
_
-
-
al Service
451,585
_
_
-
-
-
100,826
TotalInter
Total
56,994,188
$ 1,667 $20,205 $
492,939
$27,099 7 2,451
$ 358,716
S4,052
$ 1,473
57,902; 90
F-21
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 11 - INTERFUND BALANCES (Continued)
During the course of operations, transactions occur which result in amounts owed to a particular
fund by another fund, other than for goods provided or services rendered. These receivables and
payables are due within a year and are classified as "Due from other funds/Due to other funds" on
the governmental funds balance sheet or proprietary fund statement of net assets.
NOTE 12 - INTERFUND TRANSFERS
Interfund transfers at September 30, 2005 were as follows:
From:
To:
Fine &
Road and
Governmental
One Cent
Nonmajor
Marathon
Internal
General
Forfeiture
Bridge
Grants
Infrastructure
Governmental
Airport
Service
Total
General
$ -
$ -
$ -
$ 77,672
$ -
$ 109.622
$ -
$ -
$ 187,294
Fine and Forfeiture
33,763,396
-
21,194
-
-
-
-
33,784,590
Road and Bridge
606,023
-
-
29,234
-
-
-
635,257
Governmental Grants
99,914
1,667
20,205
1,924
-
48,494
-
-
172,204
One Cent
163,976
-
-
17,450
-
2,111,362
-
-
2,292,788
Nonmajor Governmental
8,576,961
-
-
416,782
451
-
-
1,473
8,995,667
MSD
466,721
-
-
-
-
-
-
-
466,721
Card Sound Bridge
244.549
-
-
-
-
-
-
-
244,549
Key West Airport
161,838
-
-
-
-
-
22,150
-
183,988
Marathon Airport
100,826
-
-
-
-
-
-
-
100,826
Internal Service
445,500
-
-
-
-
-
-
445,E
Total
$44,629.704
$ 1.667
$20,205
$ 564,256
$ 451
$ 2,269,478
$ 22,150
$1 473
$ 47,509, 334
uiie, , jai ziui vu;e funus were primarily to support the capital projects and operations of the funds.
NOTE 13 - RISK MANAGEMENT
The County is exposed to various risks of loss related to tort; theft of, damage to, and destruction of
assets; errors and omissions; injuries to employees; and natural disasters. During the fiscal years
ended 1976, 1984 and 1988, the County established the Worker's Compensation, Group Insurance,
and Risk Management Funds, respectively, as internal service funds to account for and finance its
uninsured risks of loss. Under these programs, the Worker's Compensation provides $1,000,000
coverage per claim. The Group Insurance Fund provides self insured excess claims. Risk
Management has a $5,000,000 excess insurance policy for general liability claims with a $100,000
self -insured retention, and building property damage is covered for the actual value of the building
with a deductible between $100,000 and $250,000. Deductibles for windstorm and flood vary by
location. The Board purchases commercial insurance for claims in excess of coverage provided by
the funds and for all other risks of loss. Settled claims have not exceeded this commercial
coverage in any of the past three years.
F-22
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 13 - RISK MANAGEMENT (Continued)
All funds of the County participate in the programs and make payments to the Worker's
Compensation, Group Insurance and Risk Management Funds based on estimates of the
amounts needed to pay prior and current year claims. The claims liabilities reported at
September 30, 2004 are based on the requirements of Governmental Accounting Standards
Board Statement No. 10, which requires that a liability for claims be reported if information prior
to the issuance of the financial statements indicates that it is probable that a liability has been
incurred at the date of the financial statements and the amount of the loss can be reasonably
estimated.
Changes in the claims liability amounts in fiscal year 2004 and 2005 were:
Workers Group Risk
Compensation Insurance Management Total
Balance at September 30, 2003 $ 1,000,000 $ 4,045,491 $ 1,540,753 $ 6,586,244
Current year claims and changes
in estimates 909,089 10,288,730 180,358 11,378,177
Claim payments (909,029) (11.026,324) (219,504) (12,154,917)
Balance at September 30, 2004 1,000,000 3,307,897 1,501,607 5.809,504
Current year claims and changes
in estimates 1,699,116 10,319,303 85,264 12,103,683
Claim payments (966,864) 10,531,409 85,264 '11,583,537)
Balance at September 30, 2005 $ 1,732,252 3,095,791 1,501,607 $ 6,329,650
NOTE 14 - RETIREMENT PLAN
Plan Description — Subsianhdily all full-time County empiuyeus are participants in the Florida
Retirement System, (FRS), a multiple -employer, cost -sharing public employees defined benefit
retirement system administered by the Florida Department of Administration. As a general rule,
membership in the FRS is compulsory for all employees working in a regularly established
position for a state agency, county government, district school board, state university,
community college or participating city or special district within the State of Florida. The FRS
provides retirement and disability benefits, annual cost -of living adjustments, and death benefits
to plan members and beneficiaries. Benefits are established by Chapter 121, Florida Statutes,
and Chapter 605, Florida Administrative Code. Amendments to the law can be made only by
Act of the Florida legislature.
The FRS provides for vesting of benefits after 6 years of credited service. Normal retirement
benefits are available to employees who retire at or after age 62 with 6 or more years of service.
Early retirement is available after 6 years of service with a 5% reduction in benefits for each
year prior to the normal retirement age. Retirement benefits are based on age, average
compensation and years -of -service credit where average compensation is computed as the
average of an individual's five highest years of earnings.
The Florida Division of Retirement issues a publicly available financial report that includes
financial statements and required supplementary information for the FRS. The report may be
F-71A
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 14 - RETIREMENT PLAN (Continued)
obtained by writing to Florida Division of Retirement, 2639 Monroe Street, Building C,
Tallahassee, FL 32399-1560, or from the website www.frs.state.fl.us.
Funding Policv — The FRS is noncontributory for members. Participating employer contributions
are based upon state-wide rates established by the State of Florida. These rates are applied to
employee salaries as follows: regular employees, 7.83%, special risk employees, 18.53%,
special risk administrative support 9.92%; elected officials, 15.23%, senior management
10.45%, and DROP participants 9.33%.
The County contributed to the plan an amount equal to 7.32% of covered payroll during the
fiscal year ended September 30, 2005. The County's contributions made during the years
ended September 30, 2005, 2004, and 2003 were $6,362,726, $6,138,165, and $6,097,710,
respectively, equal to the required contribution requirements for each year. Therefore, the
County does not have a pension asset or liability as determined in accordance with GASB
Statement No.27.
NOTE 15 — PENSION PLAN FOR VOLUNTEER FIREFIGHTERS AND EMERGENCY
MEDICAL SERVICES
Plan Description — The Monroe County, Florida Volunteer Firefighter and Emergency Medical
Services Length of Service Award Plan (LOSAP) is a single -employer defined benefit pension
plan administered by the Board. LOSAP provides retirement and death benefits to plan
members and beneficiaries. Monroe County Ordinance 026-1999 defines the authority under
which contribution and benefit provisions may be amended. This authority is presently held by
the County. LOSAP had 189 participants for the plan year ended December 31, 2004.
$P,n9r2+p 0-ri In—, F,
;: _,.J _ -._1,,d .. G1s 11 .-,al nlJnwula uiiu Ulu l:uuiity ire
established and may be amended by the Board. Plan members are not required to contribute.
The County contributes an amount determined by an actuarial study. Benefits are calculated
based on years of service as the participants are unpaid volunteers. The current contribution
rate is $312 per volunteer year of service. Contributions to the plan, along with benefits and
refunds paid to participants are recorded when due and payable in accordance with the terms of
LOSAP. Administrative costs are paid by the County.
Annual Pension Cost and Net Pension Obligation
Annual Required Contribution $ 58,904
Interest Adjustment -
58,904
Contributions Made 58,904
Increase in Net Pension Obligation
Net Pension Obligation, beginning of year -
Net Pension Obligation, end of year $
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 15 — PENSION PLAN FOR VOLUNTEER FIREFIGHTERS AND EMERGENCY
MEDICAL SERVICES (Continued)
The annual required contribution for the past year was determined as part of the December 31,
2004 actuarial valuation using a variation of the aggregate actuarial cost method. This method
does not identify or separately amortize unfunded actuarial liabilities. The actuarial assumptions
included (a) 5.0% investment rate of return (b) no assumption for mortality pattern as it is
inapplicable (c) no assumption for salary increases as benefits are not based on compensation
and (d) no increase for inflation as benefits are based on a flat amount per year of service. The
actuarial value of assets includes only the fair value of the assets. There was no unfunded
actuarial accrued liability at December 31, 2004.
Three Year Trend Information
Annual Pension Cost Percentage of APC Net Pension
Fiscal Year Ending (APC) Contributed Obligation
12/31/02
$
89,437
100% $
12/31/03
$
73,840
100% $
12/31/04
$
58,904
100% $
NOTE 16 - POST RETIREMENT BENEFITS OTHER THAN PENSION
In addition to the retirement plan described in the previous note, the County provides posl
retirement health care benefits in accordance with state statutes, to all employees who retire
from the County with at least 10 years of service and have attained the age of 62; and who are
enrolled in the County's group health plan. Currently 269 retirees are eligible for this post
fnr post retirement health care benefits, excluding claims, are
ir;� 'he year ended September 30, 2005 expenditures
of zo i ,a i o, 1 4a wei e rawyi ucad wi post retirement health care.
NOTE 17 — RECOGNITION OF CLOSURE AND POST CLOSURE COST
As described in Note 1, current regulations of the U.S. Environmental Protection Agency (EPA)
and the Florida Department of Environmental Protection (FDEP) require municipal solid waste
landfills to place a final cover on closed landfill areas, and to maintain those areas for up to 30
years after closure. The County periodically obtains updated and revised estimates of total
future closure and postclosure costs from its consulting engineers. All amounts recognized are
based upon what it would cost to perform closure and postclosure functions in current dollars.
Actual costs may be different due to inflation, changes in technology, or changes in laws and
regulations.
Recognition of the liability for closure and post closure costs is based on the landfill capacity
used to date. The landfill capacity of the County's previously operated landfills is 100% used
and has no remaining landfill life. Closure of these landfills was substantially completed during
the year ended September 30, 1994. The County has another landfill site, which has never
been used. Accordingly, no future closure cost is accruable except for post closure costs
estimated to be incurred in the coming year. At September 30, 2005, the estimated future cost
for postclosure maintenance, which is reported as a long-term liability in the Municipal Service
District -Waste enterprise fund, totaled $368,240.
F-25
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 17 — RECOGNITION OF CLOSURE AND POST CLOSURE COST (Continued)
For the public landfill, accounted for in the Municipal Service District -Waste enterprise fund,
expenses associated with the final closure and postclosure maintenance of landfill areas are
recognized over the active life of those areas. These costs are recognized in each operating
period based on the amount of waste received during that period, regardless of when cash
disbursements are made for these costs. The cumulative effect of updated and revised
estimates of closure -related costs is recognized in the period of the change to the extent it
relates to current and past operations.
The Florida Department of Environmental Protection approved a post closure operating plan,
which permits the County to fund closure, and post closure costs as an operating expense using
annual appropriations. The landfill is required by state and federal laws and regulations to make
annual contributions to a cash escrow account to meet financial assurance requirements. In
accordance with laws and regulations, the landfill had cash and investments of $1,708,171 held
for these purposes at September 30, 2005. In the event closure escrows and interest earnings
prove inadequate due to inflation, changes in technology or additional post closure care
requirements, these costs may need to be covered by charges to service users.
NOTE 18 — OPERATING LEASES
The County leases certain office space, equipment and vehicles under operating lease
agreements. The following is a schedule by years of minimum future rentals under
noncancelable operating leases as of September 30, 2005:
Year Ending
_September 30th
?nn6
2009
2010
Thereafter
Total
NOTE 19 - LITIGATION
3,776,467
3,771,831
15,698,523
34,400,585
The County is a defendant in various lawsuits and is involved in other disputes wherein
substantial amounts are claimed. In the opinion of the County, these suits and claims should
not result in judgments or settlements, which, in aggregate, would have a material adverse
effect on the County's financial condition.
NOTE 20 - COMMITMENTS AND CONTINGENCIES
Grant Programs - The County participates in a number of federally assisted grant programs.
These programs are subject to financial and compliance audits by the grantors or their
representatives.
F-26
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 20 - COMMITMENTS AND CONTINGENCIES (Continued)
Arbitrage Rebate - In accordance with the Tax Reform Act of 1986, any interest earnings on
borrowed construction funds in excess of the interest costs are required to be rebated to the
federal government. The County has estimated that there will be no significant liability for
arbitrage rebate.
Impact Fee Refunds - Unexpended or unencumbered funds arising from the collection of impact
fees may be refunded within one year following the end of the sixth year from the date on which
the impact fee was paid or within three months of the noncommencement of construction.
NOTE 21 — CONDUIT DEBT
iuH meann tare vacuities Revenue Bonds Series 2003 - The Monroe County Industrial
Development Authority approved the issuance of IDA Health Care Facilities Revenue Bonds,
Series 2003, not to exceed $2,500,000 and for a loan by the Authority to the Guidance Clinic of
the Middles Keys, Inc. to provide for the refinancing of certain outstanding indebtedness of the
corporation and for financing certain capital improvements to the corporations health care
facilities. Ownership of the acquired facilities is in the name of the private entity served by the
bond issuance. Neither the County, the Authority, the State, nor any political subdivision thereof
is obligated in any manner for the repayment of the bonds. Accordingly, the bonds are not
reported as liabilities in the accompanying financial statements. Maturity of the Series 2003
Bonds is August 1, 2018.
,,,...+au,al vcMyJ2111am Dunus nvonn Rey Largo Utility UorD System) Series 2005 — The
Monroe County Industrial Development Authority issued Industrial Development Revenue
h " Ifility Corporation System), Series 2005 totaling $2,965,000 on
je of a like prig- 'pal of the $3,400,000 of Industrial
Development Revenue bunds issued in 1995 related to the North Key Largo Utility Corporation
Project. Neither the County, the Authority the State, nor any political subdivision thereof is
obligated in any manner for the repayment of the bonds. Accordingly, the bonds are not
reported as liabilities in the accompanying financial statements. Maturity of the Series 2005
Bonds is March 1, 2025.
NOTE 22 — KEY LARGO WASTEWATER TREATMENT DISTRICT AGREEMENT
On December 15, 2005 the County entered into an agreement with the Key Largo Wastewater
Treatment District (District) whereby the County granted an interest free loan to the District in
the amount of $914,285, of which $731,428 was provided by the County and $182,857 was
provided by the Florida Keys Aqueduct Authority. The purpose of the loan was to provide
matching funds For the District's wastewater treatment and collection system wastewater grant;
however, the County has also agreed to segregate any payments the District makes on the loan
and to refund those payments to the District for use in wastewater treatment and collection
projects within the District. Accordingly, the County's note receivable in connection with the loan
has been fully reserved to reflect the conveyance of funds to the District associated with the
agreement and was recorded in the One Cent Infrastructure Surtax Special Revenue Fund.
The District's payments under the loan agreement are scheduled to be $91,429 annually,
beginning July 1, 2008 and continuing through July 1, 2018.
F-27
MONROE COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2005
NOTE 23 — SUBSEQUENT EVENT
During October 2005, Monroe County sustained direct impact from a major hurricane.
Subsequently, the County incurred costs associated with emergency protective measures and
debris removal totaling approximately $37 million. Associated with these costs, the County
expects approximately $34.7 million in reimbursements from federal and state agencies under
disaster assistance programs.
The County continues to work with state and federal agencies to determine the final amounts
reimbursable for hurricane -related costs. The ultimate amount received will be influenced by
pending determinations of numerous issues related to reimbursement requests, the ultimate
result of which could differ substantially from the County's expected reimbursements.
NOTE 24 — PROPOSED BOND ISSUANCE
The County is discussing the issuance of $31 million in Key West Airport Bonds, which are
currently in the draft stage. The bonds are expected to be approved for issuance in fiscal year
2006 to fund airport construction projects.
�x.
F-28
COMBINING AND INDIVIDUAL
FUND STATEMENTS AND SCHEDULES
s
THIS PAGE INTENTIONALLY LEFT BLANK
7
NONMAJOR GOVERNMENTAL FUNDS
SPECIAL REVENUE FUNDS
&FFORDABLE HOUSING PROGRAMS
To account for revenues and expenditures of various low income housing programs.
.AW LIBRARY
To account for all revenues and expenditures for the County's law library.
'OURIST DEVELOPMENT DISTRICTS
To account for the local option three -cent bed tax in five districts, all districts two cent, and administrative
and promotional funds for the expenditures of advertising, promotions, and special events of the County
Tourist Development Council.
IMPACT FEES
To account for the revenues and expenditures relating to impact fees collected for roadways, parks and
recreation, libraries, solid waste, police facilities, fire and EMS, and fair share housing.
FIRE AND AMBULANCE DISTRICTS
To account for revenues and expenditures in districts for fire and ambulance services.
To account for all transportation and
County.
costs of Monroe County trauma patients in Dade
UNINCORPORATED AREA SERVICE DISTRICTS
To account for all revenues and expenditures for planning, building and zoning and parks and recreation
services provided only to the unincorporated area of the County.
Local HOUSInCJ ASSIStanCe Fund is r,cp(q :n 11�nnf fnr the •F,,^nn -.,.+
'fpr tho
MUNICIPAL POLICING
To account for all revenues and expenditures for local road patrol law enforcement in the City of Marathon,
City of Layton and Islamorada, Village of Islands.
911 ENHANCEMENT FEES
To account for fees levied on each telephone access line in Monroe County for the enhancement of the
911 emergency telephone system.
DUCK KEY SECURITY DISTRICT
To account for the revenues and expenditures in providing security services for the Duck Key District.
BOATING IMPROVEMENT
To account for revenues and expenditures for providing boating -related activities, for removal of vessels
and floating structures deemed a hazard to public safety and health, and for manatee and marine mammal
protection and recovery.
AISCELLANEOUS SPECIAL REVENUE
To account for revenues and expenditures earmarked for specific purposes.
(Continued)
NONMAJOR GOVERNMENTAL FUNDS
SPECIAL REVENUE FUNDS — CONTINUED
NVIRONMENTAL RESTORATION
To account for all revenue and expenditures for fines/fees collected and earmarked for environments
protection.
-qW ENFORCEMENT TRUST
olice officers and supporting personnel in the
o use
acc iunt nor the fu n detection and pdentificati nd for the urpose ofraining of cane.
COURT FACILITY FEES civil action, suit or proceeding to be used
To account for revenues collected upon the institution of any
exclusively in providing and maintaining existing and future facilities for the use of the Circuit and County
Court systems.
UG ABUSE TRUST tion of such programs
r educational programs which meet the standards for qualifica
abuse treatment and/To account for assessments collected for drug abuse programs and to disburse assistance grants or drug
DR
by the Department of Health and Rehabilitative Services.
MARATHON MUNICIPAL SERVICE
To account for the revenues and expenditures for municipal services for Marathon.
Point, Big
WASTEWATER MTSU
revenues and expenditures for wastewater services for Conch K
To account for the ey, Bay
Coppitt and Key Largo.
STOCK ISLAND WASTEWATER
To account for the revenues and expenditures for Stock Island wastewater.
7o accuunt iu'rackaging the property to meet the land use
property and rep
SHERIFF'S INMATE COMMISSARY
To account for the revenues and expenditures of inmate telephone commissions, canteen revenues an
other inmate programs.
SHERIFF'S IMPACT SUPPORT to the administration of the South Florida Drug &
To account for the revenues and expenditures relating
Money Laundering Task Force.
SHERIFF'S OFF -DUTY expenditures and related reimbursements for law enforcement services
provided to other organizations.
SHERIFF'S GRANTS enditures relating to various grants.
To account for the revenues and exp
ho are
SHERIFF'S TEEN COURT
To account for the revenues and expenditures pertaining to a program designed to deter juveniles o t Hued)
becoming involved in crime.
7
NONMAJOR GOVERNMENTAL FUNDS
SPECIAL REVENUE FUNDS — CONTINUED
To account for the revenues and expenditures pertaining to South Florida Drug & Money Laundering Task
Force.
SHERIFF'S SHARED ASSET FORFEITURE
To account for the revenues and expenditures of the Sheriff Department's shared asset forfeiture program.
SHERIFF'S FEDERAL FORFEITURE
To account for the Sheriff's revenues produced from forfeitures and expenditures in the prevention,
investigation, detection and identification of crime.
SHERIFF'S HIDTA ADMINISTRATIVE
To account for the revenues of service fees collected for administering HIDTA grants. Expenditures relate
to the costs of administering the grants.
SHERIFF'S AIRPORT SERVICES
To account for expenditures related to providing security at airports throughout the county.
SHERIFF'S LAW ENFORCEMENT TRUST
To account for expenditures to non-profit organizations to help deter drug use and juvenile delinquency.
SHERIFF'S FINE AND FORFEITURE
To account for the proceeds from state forfeitures received primarily from the South Florida Drug and
Money Laundering Task Force.
CLERK'S MODERNIZATION TRUST FUND
To account for revenue received through an additional recording fee pursuant to Florida Statute
28.24(15)(d) to be used for equipment, equipment maintenance, training and technical assistance
CLERK'b UUURT RELATED
To account for revenues and expenditures for providing court related services under the direction of the
Clerk of the Circuit Court.
SUPERVISOR'S VOTER EDUCATION & EQUIPMENT
eq account for revenue received through grants for the education of voters and the purchase of voter
equipment.
DEBT SERVICE FUNDS
To account for accumulation of resources for, and payment of, interest and principal on the long-term debt
incurred in the issuance of $21,455,000 in revenue bonds.
CAPITAL PROJECT FUNDS
:LERWS REVENUE NOTE
To account for the Clerk's network system from the Florida Local Government Finance Commission Loan.
MONROE COUNTY, FLORIDA
COMBINING BALANCE SHEET
NONMAJOR GOVERNMENTAL FUNDS
SEPTEMBER 30, 2005
ASSETS
Cash and Cash Equivalents
Accounts Receivable, Net
Due from Other Funds
Due from Other Governmental Units
Mortgages/Notes Receivable Receivable
Allowance for Mortgages/Notes
Interest Receivable
Total Assets
LIABILITIES AND FUND BALANCES
Liabilities:
Accounts Payable
Retainage Payable
Accrued Wages and Benefits Payable
Due to Other Funds
Accrued Interest Hayable
Total Liabilities
SPECIAL
Tourist
Tourist
Development
Development
Affordable
Law All Districts
Admin & Promo
Housing
Library Two_
Two
o�—
Programs
$ 293,006 $ 45,309 $ 3,377,609 $ 3,952,525
_ 24,960 51,723
18,489 38,312
287,573 _
(287,573) _ _
4_ 04j
$ 2 g $ 45,309 $ 3,421,058 $
Fund Balances:
Reserved for:
Land Acquisition
Mortgage Loans
Debt Service
Unreserved, Designated for Special Revenue Fund
Unreserved, Undesignated
Total Fund Balances
Total Liabilities and Fund Balances
$ $ $ 353,216 $ 370,910
82 1,288
60,734 135,146
18,138 6,071
432,170 513,415
293,006
_ 45,309
8
3,530,579
530,5
3_ 51
279
93,006
45,309
T'
2_ 988,88§
$ 293,006
$ 45,309
$ 3_421,058
$ 41043,
tE
I A
REVENUE FUNDS
Development Development Development Dev Development Development
Tourist
District #One District #Two District #Three District #Four District #Five Impact Fees,
Three a Cent Three Cent Three Cent Three Cent
- Three e�_ Roadways
dw=_
$ 4,204,593 $ 492,294 $ 1,133,348 $ 1,350,268 $ 1,093,929 $ 7,154,857
46,918 2,211
15,208 5,260 4,909
17,179 42,38839,999
5,445 _
39, 999 43,161
$-4 266 719
1 9999 $- j 395 176
$�1 1_42,535_ $71 4 857
$ 606,629 $ 4,466 $ 64,184 $ 87,711 $ 132,245 $ _
1,748 560 34 -- _
® 55,492 21,033 80418 31 1,168
44,123 63,659 -
- 57 16,695 148 38,811 255,071
1
- -- 9z6,116
_
�-- 111,331 151,549 --
,232 �255,071
421,113
3,137,614 485,568
3, 27 - 1,069.665 1,243,627
485,568 1,069,665 �'- - 970,303 6,899,786
1,243,627
970,303 6,899%7
$ 4,266,719 �-� ----_
=--� $ 1,180,996 $ 1,395,C176
-� $ 1,142 535 $ 7 1�_
r , (Continued)
MONROE COUNTY, FLORIDA
COMBINING BALANCE SHEET- CONTINUED
NONMAJOR GOVERNMENTAL FUNDS
SEPTEMBER 30, 2005
AS_ E S
Cash and Cash Equivalents
Accounts Receivable, Net
Due from Other Funds
Due from Other Governmental Units
Mortgages/Notes Receivable
Allowance for Mortgages/Notes Receivable
Interest Receivable
Total Assets
LIABILITIES AND FUND BALANCES
Liabilities:
Accounts Payable
Retainage Payable
Accrued Wages and Benefits Payable
Due to Other Funds
Accruea Il itbi UbL ray'iuiC
Total Liabilities
SPECIAL
Impact Fees, Impact Fees,
Parks and Impact Fees, Impact Fees,
Recreation Lib_ $OIL Waste Police—
$ 1,127,585 $ 525,228 $ 69,917 $ 248,351
1,083
______ _ _- �� $- 8 351
$ 1,127,585 $$ 52
Fund Balances:
Reserved for:
Land Acquisition
Mortgage Loans
Debt Service
Unreserved, Designated for Special Revenue Fund
Unreserved, Undesignated
Total Fund Balances
Total Liabilities and Fund Balances
33,628
329
1,127,256
526,311
69,917 —
214,723
21� 3
112
526,311—_
69,917
$ 1,127,585
$ 5_ 21
69,917 $
248,351
�
REVENUE FUNDS
Fire & Amb Upper Keys
Impact Fees, District #1, Health Care Unincorp.
Impact Fees, Fair Share Lower and Fire &Amb Area Service
Fire & EMS HousingSpecial District #6, District,
_ Middle Keys Taxin District
�_ Key Lam_ parks & Rec.
$ 257,192 $ 108,739 $ 2,079,753 $ 2,369,005 $ 679,655 $ 1,384,302 355,799 _
32,525 _ 4 -
" 683 473
- 242 64,399
192
- ��_�9$-_-2 O01
��
$ 129,571 $ 2,529 $ 103,794 $ 57,572
- 101,169 3,289
532,883 1,176 10,367
26,677 101,475
1,341 17? �^ 299,81
1 1 7,17
-- 4 964 3 32,667 -------208,406
"-- —_
370,069
257,192
—�_ 108,739 _
�257 .-- 796 2,336,338471,495-
108 739 1, 703, 796 �— — — — 1,079,105
2,336,338
$ 257,192 —�'495 —�05
39 $� $ 2.369,005 $ 679,901
�� $1,449,174
(Confini t aril
MONROE COUNTY, FLORIDA
COMBINING BALANCE SHEET- CONTINUED
NONMAJOR GOVERNMENTAL FUNDS
SEPTEMBER 30, 2005
ASSETS
Cash and Cash Equivalents
Accounts Receivable, Net
Due from Other Funds
Due from Other Governmental Units
Mortgages/Notes Receivable
Allowance for Mortgages/Notes Receivable
Interest Receivable
Total Assets
LIABILITIES AND FUND BALANCES
Liabilities:
Accounts Payable
Retainage Payable
Accrued Wages and Benefits Payable
Due to Other Funds
Accrued Interest Payable
Total Liabilities
SPECIAL
Unincorp. 911
Area Service Local
Dist -Planning Housing Municipal Enhancement
Bldg. & Zoning Assistance PolesFees
_
$ 6,676.068 $2,748,141 $ 930,436 $ 498301 ,
4,073 - 117
15,147 74
426 44,412
319,596
3,174,961
(3,174,961)
51,556
$ 7— 92 9 697 $ 9 p 2 $ 5 66,304
7---014 88q $ 2
$ 25,138
195,390 $ -
$ 245,755 $ _
_ 1,138
122,914 52,357
1,167,799 5
Z 9SR 163
Fund Balances:
Reserved for:
Land Acquisition
Mortgage Loans
Debt Service
Unreserved, Designated for Special Revenue Fund
Unreserved, Undesignated
Total Fund Balances
Total Liabilities and Fund Balances
95,553 52,362 26,276
1-4 1
— 95
5,469,010
2,604,144
878,500
540,028
540,a
5— 46 p
21604,144
878,500
$ 7�84
$ 2,7�
$ 9�
$ 566,304
s— 6304
REVENUE FUNDS
Duck Key
SecurityLam'
District
Boating
Improvement
Miscellaneous
Special
Revenue
-----__
Environmental
Restoration
Enforcement
Trust
Court
Facility
Fees
$ 175,814
$ 1,139,538
$ 3,115,289
$ 81,812
$ 118,338 $
1,240,768
1,045
37,180
-
-
-
478
_
$ 176,859
--
$ 1,176,718__
$�g2
-----_�_
118,816 $0,768
$ 7,320 $ 61,953 $ 23,549 $
49,359 55,196
- 14,244 19.889
7,320 _ __ ._ ,312 --- -
-� 123260 -
19,889 -
9 1,65 406 2,992 029 - -
39 1,065,406 81---Z 7 1,240,768
—� 9 ---81� � 1,240,768
98,927
$__ 1,176,718 __ $ 3,115,289 $ 81,812
$ 1,240,768
c (Continued)
MONROE COUNTY, FLORIDA
COMBINING BALANCE SHEET -CONTINUED
NONMAJOR GOVERNMENTAL FUNDS
SEPTEMBER 30, 2005
ASSETS
Cash and Cash Equivalents
Accounts Receivable, Net
Due from Other Funds
Due from Other Governmental Units
Mortgages/Notes Receivable
Allowance for Mortgages/Notes Receivable
Interest Receivable
Total Assets
LIABILITIES AND FUND BALAN CES
Liabilities:
Accounts Payable
Retainage Payable
Accrued Wages and Benefits Payable
Due to Other Funds
n, tr ^thr-r (;,n—,rnmental Units
A,,JU6u ii'Ltl"L
Total Liabilities
Fund Balances:
Reserved for:
Land Acquisition
Mortgage Loans
Debt Service
Unreserved, Designated for Special Revenue Fund
Unreserved, Undesignated
Total Fund Balances
SPECIAL
Drug
Marathon
Conch Key
Bay Point
Abuse
Municipal
Wastewater
Wastewater
Trust
Service
MSTU
$ 84,221 $ 1,730,030 $ 13,957 $ 52,296
16,187 195 725
$842V $ 1 7�7 $ 14,152 $ 53,021
$ $ 3,055 $ $
33
3,088
84,221
1,743,129
14,152
53,021
g4 221
1,743,129 43,129
14,152�
84,221 $ 1,746,217 $_ 14,152 $�1
Total Liabilities and Fund Balances $
n_7
REVENUE FUNDS
Big Coppitt
Wastewater
Key Largo
Wastewater
Stock Island
Comprehensive
Sheriffs
Sheriffs
MSTU
MSTU
Wastewater
Plan Land
Authority
Inmate
Commissary___
Impact
Support
$ 167,707
$ 845,986
$ 55,523
$ 8,026,902
$ 181,693 $
_
_
-
52,680
_
499
13,247
_
487
210,492
5,284
10,344
-
6,754,563
_
$ 56,010
$ 1- 4,9- 9- 1,957
$ 239 657 $
10,344
$ -
$ 122,625
$
$ 280
$ 3,987 $
_
27,236
_
3
18,868
10,344
22,11
601
_
-----
122,628
�-
�_
-�
29,747
-_
23,456
10,344
"
1,635,215
-
6,754,563
168,206
161,206
736,605
736,605
56,010
6,572,432
216,201
�---
56,010
14,962,21 __
216,201_
$ 168,206 $
859,233
-�--�
-_ $
10
14,991,957
657 $
_
--�
10,344
(Continued)
MONROE COUNTY, FLORIDA
COMBINING BALANCE SHEET- CONTINUED
NONMAJOR GOVERNMENTAL FUNDS
SEPTEMBER 30, 2005
ASSETS
Cash and Cash Equivalents
Accounts Receivable, Net
Due from Other Funds
Due from Other Governmental Units
Mortgages/Notes Receivable
Allowance for Mortgages/Notes Receivable
Interest Receivable
Total Assets
LIABILITIES AND FUND BALANCES
Liabilities:
Accounts Payable
Retainage Payable
Accrued Wages and Benefits Payable
Due to Other Funds
r,,,e rn Other (7ow(,rnrnental Units
Total Liabilities
SPECIAL
Sheriffs
South Florida
Sheriffs Sheriffs Sheriffs Law Enforce -
Off -Duty Grants TeeCourt ment Trust
$ 65 $ - $ $ 536,957
- 9,894 4,556 24,324
10,017 121,630 13,816 -
$- 10 �82 $ 131 52q $ 18,372 $ 5�
Fund Balances:
Reserved for:
Land Acquisition
Mortgage Loans
Debt Service
Unreserved, Designated for Special Revenue Fund
Unreserved, Undesignated
Total Fund Balances
Total Liabilities and Fund Balances
10,017 121,630
65 -
10,082 121,630
9,894
9,894
18,372 561,281
18,372 561,281
$ 10,082 $ 131,524 $ 18,372 $ 561,281
REVENUEFUNDS
Sheriffs
Shared Sheriffs Sheriffs Sheriffs
Asset Federal Sheriffs Sheriffs
HIDTA Airport Law Enforce- Fine &
Forfeiture Forfeiture Administrative Services
---__ ment Trust Forfeiture
$ 4,806,769 $ 2,026,275 $ $
- 29,444 $ 153 $ 657,522
130,044 _ -
- 1,274,254 153
_ 19,889 _
$ $ 2,055,719 74 254 ---- 204042 -
$ 130,044 $ 274 254 _-- 5
$ 35,799 $ 275,560 $ $
_ - $ 15,859 $ 478
106,663 1,274,254
2,290 _
- 1,893 _
y a 3 ... 56,869 1,2- '_ -
20,042 478
4,770,970 —1,673,496 73,175 -
4,770g7p_ ,496 73,175 ---- 57,197
657,197
$4,806,769 $ 2,055,719 $ 130,044
$$ 1,274,254 $ 20,042 $ 657,675
G-10 (Continued)
MONROE COUNTY, FLORIDA
COMBINING BALANCE SHEET- CONTINUED
NONMAJOR GOVERNMENTAL FUNDS
SEPTEMBER 30, 2005
ASSETS
Cash and Cash Equivalents
Accounts Receivable, Net
Due from Other Funds
Due from Other Governmental Units
Mortgages/Notes Receivable
Allowance for Mortgages/Notes Receivable
Interest Receivable
Total Assets
LIABILITIES AND FUND BALANCES
Liabilities:
Accounts Payable
Retainage Payable
Accrued wages and Benefits Payable
Due to Other Funds
Due to Other Governmental Units
Total Liabilities
Fund Balances:
Reserved for:
Land Acquisition
Mortgage Loans
Debt Service
Unreserved, Designated for Special Revenue Fund
Unreserved, Undesignated
Total Fund Balances
SPECIAL REVENUE FUNDS
Clerk's Clerk's Supervisor's
Modernization Court Voter Educ. &
Trust Related Equipment
$ 1,549,002 $
8,936
1,145,694 $
24,262
64,699
$1,557,938 $ 1,169,956 64,09
$ 144,871 $ 146,200 $
650,887 13,455
308,750 -
04.^'r) -
1,413,067
1,413,067
51,244
51,244
Total Liabilities and Fund Balances $ 1,557,938 $ 1,169,956 9
G-11
DEBT CAPITAL
SERVICE PROJECT
F---ra UND _ __FUND
Total Nonmajor Infrastructure
1 Sales Surtax Total
Special Clerks Nonmajor
Revenue Funds Revenue Bonds, Revenue
Series 2003 Governmental
�-- N--- °�_ Funds
$ 70,617,421 $ 634,216 $
466,851 89,945 $ 71,341,582
358,716 _ - 466,851
2,414,544 _ 358,716
10,217,097 _ 2,414,544
(3,462,534) _ - 10,217,097
51,556 (3,462,534)
$ 80,663,651 $ 6 $ — 945
51,556
$ 81,387,812
$ 3,220,646 $
33,628 - $ 2,400 $ 3,223,046
272,529 _ 33,628
5,153,838 - 272,529
442,657 _ 5,153,838
157 4r)Q 44� E57
b,tdu,, u 314,665 J 14,065
— 400 9,597,772
1,635,215
6,754,563 1,635,215
- 319,551 6,754,563
421,113 _ 319,551
62,572,053 421,113
71,382,944 87,545
319,551 62,659.598
�7,545 71, 790, 040
$ 80,663,651 $ 634,216
89945
$ 81,387,812
G-12
MONROE COUNTY, FLORIDA
COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES
NONMAJOR GOVERNMENTAL FUNDS
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Revenues,
Taxes
Licenses and Permits
Intergovernmental
Charges for Services
Fines and Forfeitures
Investment Income
Miscellaneous
Total Revenues
Expenditures:
Current:
General Government
Public Safety
Physical Environment
Economic Environment
Human Services
r,it,,re I^ri Recreation
Debt Service
Total Expenditures
Excess/Deficiency of Revenues
Over/(Under) Expenditures
SPECIAL
ounst
ounst
Development
Development
Affordable
Law
All Districts
Ad i
Housing
Library
Two Cent
o Cent
Prom
$
$ 3,021,695
$ 6,261,547
_
43,449
90,036
8,074
1,199
91,352
_
94,514
165
.
1'
3—�6
6�446-262
15,227 _9
------�'—
3,368,450 6,546,896
3,368,450 6546,8 96
15,227 1,1_ (�----
Other Financing Sources/(Uses): (60,734) (135,146)
Transfers from Other Funds
Transfers to Other Funds —_�_ (� 6)6)
Capital Lease Acquisition —
Total Other Financing Sources/(Uses)_ 1 199 (272,688) (235,780)
15,227
Net Change in Fund Balances 3,261,576 3,766,359
277,779 44,11� _—--------
Fund Balances -October 1 3,530,579
$ 293,006 $ 45,309 $$ 2
Fund Balances -September 30 --
W
REVENUE FUNDS
Tourist
our st
I ounst
Tourist
ours
Development
Development
Development
Development
Development
District #One
District #Two
District #Three
District #Four
District #Five
Impact Fees,
Three Cent
Three Cent
Three Cent
Three Cent
Three Cent
Roadways
$ 2,485,560 $
267,610
$ 636,728
$ 594,310 $
657,413
$ _
35,740
3,848
9,156
8,545
9,453
118,129
13,764
34,068
36,233
29,415
191,420
23,702
-
2,663,131
285,222
679,952
639,088
696,281
168,707
36,707
2,350,186 249,484 653,524 625,188 579,586 _
2,350,186 249,484 653,524 625,188 579,586 _
312,945 35,738 26,428 13,900 116,695 360,127
160
(55,492) (21,033 15
-) (30,418) (37,433) (38,818) (255,071)
(55,332
(21,033) (30,418) (37,433) (38,803) (255,071)
257,613 14,705 (3,990) (23,533)
3,301,114 470.863 1,073,655 1,267,160
77,892 105,056
892,411 6,794,730
$ 3,558,727 $ 485.568 $ 1,069,665 $ 1,243,627 $ 970,303 $ 6,899,786
(Continued)
G-14
IA M IPMIIONROE COUNTY, FLORIDA
COMBINING S-a'--TrTT7VTATEMENT OF REVENUES, EXPENDITURES
AND CHAM..MM4*j&1-49GES IN FUND BALANCES -CONTINUED
NOhV'wiLIIWWIL1�11 (MAJOR GOVERNMENTAL FUNDS
FOR TH I■ BM■ a B1F—= YEAR ENDED SEPTEMBER 30, 2005
Revenues:
Taxes
Licenses and Permits
Intergovernmental
Charges for Services
Fines and Forfeitures
Investment Income
Miscellaneous
Total Revenues
Expenditures:
Current:
General Government
Public Safety
Physical Environment
Economic Environment
Human Services
Culture and Recreation
Debt 3eivice
Total Expenditures
Excess/Deficiency of Revenues
Over/(Under) Expenditures
Other Financing Sources/(Uses):
Transfers from Other Funds
Transfers to Other Funds
Capital Lease Acquisition
Total Other Financing Sources :z a :ss sass.;/ ( Uses)
Net Change in Fund Balances
Fund Balances -October 1
Fund Balances -September 30
Impact Fees,
Parks and Impact Fees, Impact Fees, Imp'
Recreation Libraries Solid Waste Policf
28,708 13,034 3,119
66,640 54,242 11,871
95,348 67,276 14,990
130,212
6,482
6,482 - 130,212
88,866 67,276 (115,222)
88,866 67,276 (115,222)
1,038,390 459,035 185,139
$ 1,127,256 $ 526,311 $ 69,917 $
G-15
REVENUEFUNDS
Impact Fees,
Impact Fees,
Fair Share
District #1,
Lower
Health Care
Fire & Amb
Area Service
Fire &EMS
Housing
and
Middle Keys
Special
Taxing District
District #6,
Key Largo
District,
Parks & Rec.
$ _
$
$ 6,392,566
$ -
$ 1,234,393
$ 1,028,381
-
17,336
-
703,658
j
472,484
64,770
6,493
18,808
921
92,173
99,931
41,170
68,913
22,998
36,906
25,301
93,094
7,023,487
-
68,913
109
1,257,500
31,360
1,865.075
5,902,877
843,553
'
343,294
'
-
1,483,498
157,236
-
165,210
6,060,113
343,294
1,008,763
1,483,498
25,301
93,094
963,374
(274,381)
248,737
381,577
-
-
_
97,772
(848,049)
(26,677)
(158,612)
,473
(150150,473
99160)
----'
(158,612)
(148,687)
25,301
93,094
213,097
(301,058)
90,125
232,890
--231,891
15,645
1,410,699
2,637,396
70
8_ 46,215
$ 257,192 $
108.739 $
1,703,796 $_
2,336,338 _ $
_
471,495 $
1,079,105
(Continued)
r_le
MONROE COUNTY, FLORIDA
COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES -CONTINUED
NONMAJOR GOVERNMENTAL FUNDS
FOR THE YEAR ENDED SEPTEMBER 30, 2005
SPECIAL
nincorp.
911
Area Service
Local
Dist -Planning
Housing
Municipal
Enhancement
Bldg. & Zoning
Assistance
Policing
Fees
Revenues:
$ 801,414
$ -
$ 3,462,646
$
Taxes
Licenses and Permits
2,
Intergovernmental
018,291
2,,77 433
433,5
599,168
2,751,512
449,993
Charges for Services
Fines and Forfeitures
95,
215,854 54
75,066
36,636
13,702
Investment Income
28,242
382,437
1,185
Miscellaneous
6,048,958
1,056,671
6,250,794
464,880
Total Revenues
Expenditures:
Current:
General Government
3,,188
-
_
805,455
-
439,536
Public Safety
,234234,680
593,434
-
Physical Environment
_
1,154,103
Economic Environment
Human Services
_
Culture and Recreation
Court Related
Capital Projects
Debt Service
8,330,302
1,154,103
805,455
439,536
Total Expenditures
Excess/Deficiency of Revenues
(2,281,344)
(97,432)
5,445,339
25,344
Over/(Under) Expenditures
Other Financing Sources/(Uses):
174
Transfers from Other Funds
15, 147
(1,225,69696)
(5,699,526)
Transfers to Other Funds
Capital Lease Acquisition
Total Other Financing Sources/(Uses)
(1,210,549)
5,699,526)
174
Net Change in Fund Balances
(3,491,893)
(97,432)
(254,187)
25,518
Fund Balances -October 1
8,960,903
2,701,576
1,132,687
514,510
Fund Balances -September 30
$ 5,469,010
$2,604,144
$ 878,500
$ 540.028
1
REVENUE FUNDS
Duck Key
Security
District
Boating
Improvement
Miscellaneous
Special
Revenue
Environmental
Restoration
Law
Enforcement
Trust
Court
Facility
Fees
'
-
19,946
_
1,039
560,345
754,644
-
374,405
'
293,848
45,674
50,311
4,301
29,765
66,835
1,743
2,840
26,349
72,796
18,758
78,136
590,110
1,154,031
47,417
53,151
400, 754
2,153 _
46,426 - 226,580 - 125,145
- 463,673 - 15,743 _ _
- 7,589 _
- 65,183 _
- 18,721 _ _
- 6,603 _
48,579 463,673 324,676 15,743 125,145 _
29,557 126,437 829,355 _ 31,674 (71,994) 400,754
- 35,537
(48,720) (55,082)
(48,720) (19,545)
29,557 77,717 809,810
31,674 (71,994) 400,754
139,982
987,689
2,182,219
5p3g
170,921
840,014
$ 169,539 $
1,065,406 $
2,992,029 $
81,812 $
98,927 $
1,240.768
(Continued)
MONROE COUNTY, FLORIDA
COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES -CONTINUED
NONMAJOR GOVERNMENTAL FUNDS
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Revenues:
Taxes
Licenses and Permits
Intergovernmental
Charges for Services
Fines and Forfeitures
Investment Income
Miscellaneous
Total Revenues
Expenditures:
Current:
General Government
Public Safety
Physical Environment
Economic Environment
Human Services
Culture and Recreation
Debt Service
Total Expenditures
Excess/Deficiency of Revenues
Over/(Under) Expenditures
Other Financing Sources/(Uses):
Transfers from Other Funds
Transfers to Other Funds
Capital Lease Acquisition
Total Other Financing Sources/(Uses)
Net Change in Fund Balances
Fund Balances -October 1
Fund Balances -September 30
Drug
Marathon
Conch Key
Bay Point
Abuse
Municipal
Wastewater
Wastewater
Trust
Service
�—
�—
$
$ 1,132,226
$ 13,749
$ 51,114
11,993
16,030
194
719
1,987
39,813
322
1,224
'- 13,980
1,188,069
14,265_
53,057
33,218 403 1,489
176,807
--
�-
210 025 �4p3
1,489
13,980
978,044
13,862
51,568
13,980
978,044
13,862
51,568
70,241
7_ 65,085
�90 --
453
$_ 84,221
$ 1,7_ 43,129 $14..152
$
53,021
11
n 4n
REVENUE FUNDS
Big Coppitt
Wastewater
MSTU
$ 164,890
Key Largo
Wastewater
MSTU
----_�_
$ 928,397 $
Stock Island
Wastewater
_
ComprPlanehensive
Land
Authority
y_
$
Sheriffs
Inmate
Commissary
Sheriff's
Impact
Su---- pport _
483
-
2,833
—
--------_
13,086
_
20,570
_6_54,609-
483
918
56,010
3,150,766
262,715
_ 3,413,481
_
416,299
3,049
481,637
'
141,255
-
141,255
27,119
432,065
-------_
459,184
6,730,779
352,034 141,255
352,034
141,255
168,206 502,869 56,010
-- --- (— 3,3_ 17,298) 129,603
------_______ -
---------- -----
168,206 502,869 56,010 �—�—
(3,317,298) 129,603
233,736
18,279,508
,
,605 86598
$--_ 168,206 $ 736�—
�- $$ 14,962,210 $ 216,201 $
(Continued)
MONROE COUNTY, FLORIDA
COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND NBALANCES-CONTINUED
O MAJOR GOVERNMENTAL FUNDS
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Revenues:
Taxes
Licenses and Permits
Intergovernmental
Charges for Services
Fines and Forfeitures
Investment Income
Miscellaneous
Total Revenues
Expenditures:
Current:
General Government
Public Safety
Physical Environment
Economic Environment
Human Services
r„Iturn n,nd Recreation
Debt Service
Total Expenditures
Excess/Deficiency of Revenues
Over/(Under) Expenditures
Other Financing Sources/(Uses):
Transfers from Other Funds
Transfers to Other Funds
Capital Lease Acquisition
Total Other Financing Sources/(Uses)
Net Change in Fund Balances
Fund Balances -October 1
Fund Balances -September 30
SPECIAL
en s
South Florida
Sheriffs Sheriffs Sheriffs Law Enforce -
Teen Court
Grants menTrust
Off -Duty ----
13,990 386,828 49,720
93,923 - 170,371
11,485
------
1— 0— 7,913 3�86,8_28 1�—
460,253 91,774 261
107,978 - _
107,978 4— 6— 0 25g _ 9_ 1,774 261
(65) (73,425) (42,054) 181,595
74,085
74 085660
(42,054) 181,595
60,426 379,686
65 9,234 �_----
$ 9,894 18,372 $$ 561,281
^ n4
REVENUE FUNDS
en s
Shared
Asset
Sheriffs
Federal
Sheriffs
Sheriffs
Sheriffs
Sheriffs
Forfeiture
Forfeiture
HIDTA
Administrative
Airport
Services
Law Enforce -
Fine &
men�rust
Forfeiture
-
-
1,305,949
1,679,835
125,145
58,041
-
190,683
204,968
52,779
_
-
-
7,123
204,968
1,358,728
--------_
1 g 83
5
-- ---
— 6— 0�_
__�_
_ 12 ,145
672,795
151,632 1,416,086 193,265
1,679,835 125,145 15,598
151,632 1,416,086
— 193,265 �—
679
�125,145 15,598
53,336-58)
2)
657,197
— - --------------- -
53,336 (57,358) (2,582)
4,717,634 - 657,197
4 75,757
$4,770,970 $ 1,673,496 $ 73175 $
------- $_ 197
(Continued)
MONROE COUNTY, FLORIDA
COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES -CONTINUED
NONMAJOR GOVERNMENTAL FUNDS
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Revenues:
Taxes
Licenses and Permits
Intergovernmental
Charges for Services
Fines and Forfeitures
Investment Income
Miscellaneous
Total Revenues
Expenditures:
Current:
General Government
Public Safety
Physical Environment
Economic Environment
Human Services
C„ r+,rre s,nd Recreation
f
Debt Service
Total Expenditures
Excess/Deficiency of Revenues
Over/(Under) Expenditures
Other Financing Sources/(Uses):
Transfers from Other Funds
Transfers to Other Funds
Capital Lease Acquisition
Total Other Financing Sources/(Uses)
Net Change in Fund Balances
Fund Balances -October 1
Fund Balances -September 30
SPECIAL REVENUE FUNDS
Clerk's Clerk's Supervisor's
Court Voter Educ. &
Modernization Trust Related Equipment
--�-
404,680 65,621
591,371 2,022,264 -
1,214,885 7;
21,401 -
8,936 �—
—�— 3,641,829 65,698
621,708 _�— —�--'
14,454
51,244
44
318,750
318,750
__---- —
763,434 51,244
649,633
$_ 1,413,067 $
Total Nonmajor
Special
Revenue Funds
29,134,639
2,475,613
10,579,028
9,561,977
1,870,804
2,009,713
1,776,994
11,311,803
16,359,368
1,811,934
15,535,006
408,477
1,508,701
3,825,456
DEBT
SERVICE
FUND
n rast—I ructu�e
Sales Surtax
Revenue Bonds,
Series 2003
656,045
10,471
322,446 2,420,981
51,083,191 2,420,981
CAPITAL
PROJECT
FUND
Clerk's
Revenue
Note
2,216
4,165
0.181
36,608
36,608
Total
Nonmajor
Governmental
Funds
$ 29,134,639
2,475,613
11,235,073
9,561,977
1,870,804
2,022,400
1.781,159
JU,UB-bubo
11,311,803
16,359,368
1,811,934
15,535,006
408,477
1,508,701
3,825,456
36,608
2,743,427
53,540,780
6,325,577 (1,754,465) (30,227) 4,540,885
373,363
(8,995,667)
318,750
(8,303,554)
(1,977,977)
73,360,921
1,896,115
1,896,115
141,650
177,901
(30,227)
117,772
2,269,478
(8,995,667)
318,750
(6,407,439)
(1,866,554)
73,656,594
$ 71,382,944 $ 319,551 $ 87,545 $ 71,790,040
G-24
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
AFFORDABLE HOUSING PROGRAMS SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Investment Income
Miscellaneous
Total Revenues
EXPENDITURES:
Current:
E,. , oic Environment:
oordable Housing Initiatives
Excess/Deficiency of Revenues
Over/(Under) Expenditures
Other Financing Sources/(Uses):
Reserve for Contingencies
Net Change in Fund Balances
Fund Balances, October 1
Fund Balances, September 30
Variance with
Final Budget
Original Final Positive
Budget Budget Actual (Negative)
$ 4,143 $ 4,143 $ 8,074 $ 3,931
_ _ 7,153 7,153
4,143 4,143 15,227 11,084
272,436 272,436 272,436
(268,293) (268,293) 15,227 283,520
(5,000) (5,000) 5,000
(273,293) (273,293) 15,227 288,520
277,779 277,779 277,779
$ 4,486 $ 4,486 $ 293,006 $ 288,520
G-25
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
TOURIST DEVELOPMENT, DISTRICT #ONE, THREE CENT SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Taxes
Charges for Services
Investment Income
Miscellaneous
Total Revenues
EXPENDITURES:
Current:
Economic Environment:
Advertising and Promotion
Administrative Services
Catastrophic Emergency
Special Events
Bricks and Mortar
Beaches
Total Expenditures
Original Final
Budget Budget
Variance with
Final Budget
Positive
Actual (Negative)
$ 2,183,687 $ 2,183,687 $ 2,485,560 $ 301,873
' - 35,740
35,740
118,129
118,129
23,702
2,183,687 2-183,68� 2,663,131
23,702
479,444
1,304,867
88,650
424,448
275,416
2,310,018
1,304,867
88,650
424,448
227,484
2,310,018
1,261,194
61,151
152,335
875,506
43,673
27,499
424,448
75,149
1,434,512
404,900
2,410.181
312,945 2,889,625
Other Financing Sources/(Uses):
Transfers from Other Funds
Transfers to Other Funds 160 160
(7,560) (55,492) (55,492) -
Total Other Financing Sources/(Uses)_ (7,560) _ (55,492)
(55,332) 160
Net Change in Fund Balances (2,632,172) (2,632,172) 257,613 2,889,785
Fund Balances, October 1
Fund Balances, September 30
3,301,114 3,301,114 3,301,114
$ 668,942 $ 668,942 $ 3,558,727 $ 2,889,785
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES -BUDGET AND ACTUAL
TOURIST DEVELOPFERTHREE CENT SPECIAL REVENUE FUND
THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Taxes
Charges for Services
Investment Income
Total Revenues
EXPENDITURES:
Current:
Economic Environment:
Advertising and Promotion
Administrative Services
Catastrophic Emergency
Special Events
Bricks and Mortar
Tourist Information Services
Total Expenditures
es ,
Other Financing Sources/(Uses):
Transfers to Other Funds
Net Change in Fund Balances
Fund Balances, October 1
Fund Balances, September 30
Original Final
Bud eS t
Variance with
Final Budget
Positive
Actual (New e) -
$ 219,284 $ 219,284 $ 267,610 $ 48,326
_ 3,848 3,848
13,764 13764
2 65,938
�84-84
1,4
173,471
170,912
2,559
4,610
1 0,434
10,434
5,824
1359
33,393
13,059
16,000
10,487
,0,559
13
27,981
333,325
333,326
40,273
293,053
-
21,988
�-
21,988 _-
568,278
21988
------
249,484
-
318,794
588,61_1
_�----
_
(700) __121,033)21,033
-----
(370,027) (370,027) 14,705 384,732
470,863 470,863
470,863 -----
100,836 $� 8 $ 384,732
$ 100,836 �-
E
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
TOURIST DEVELOPMENT, DISTRICT #THREE, THREE CENT SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Taxes
Charges for Services
Investment Income
Total Revenues
EXPENDITURES:
Current:
Economic Environment:
Advertising and Promotion
Administrative Services
Catastrophic Emergency
Special Events
Bricks and Mortar
Total Expenditures
Excess/Deficiency of Revenues
n- rW1 I.,-Icr) FvnPnd if, irp$
Other Financing Sources/(Oses):
Transfers to Other Funds
Net Change in Fund Balances
Fund Balances, October 1
Fund Balances, September 30
Original Final
Budget Budget
$ 495,051 $ 495,051 $
Variance with
Final Budget
Positive
Actual (Negative)
636,728 $ 141,677
9,156 9,156
- - 34,068 34,068
495,051 495,051 679,952 184,901
234,420
234,420
221,849
12,571
25,208
25,208
15,920
9,288
73,955
73,955
-
73,955
267,313
267,313
235,238
32,075
831,149
802,691
180,517
622,174
1,432,045
1,403,587
653,524
750,063
(936.994) M08.536) 26,428 934,964
(1,960) (30,418) (30,418) -
(938,954) (938,954) (3,990) 934,964
1,073,655 1,073,655 1,073,655
$ 134,701 $ 134,701 $ 1,069,665 $ 934,964
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
TOURIST DEVELOPMENT, DISTRICT #FOUR, THREE CENT SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Taxes
Charges for Services
Investment Income
Total Revenues
EXPENDITURES:
Current,
Economic Environment:
Advertising and Promotion
Administrative Services
Catastrophic Emergency
Special Events
Bricks and Mortar
Tourist Information Services
Total Expenditures
Excess/Deficiency of Revenues
Other Financing Sources/(Uses):
Transfers to Other Funds
Net Change in Fund Balances
Fund Balances, October 1
Fund Balances, September 30
Variance with
Final Budget
Original
Final
Positive
Budget
Budget
Actual
(Negative)
$ 490,560
$ 490,560 $
594,310
$ 103,750
-
-
8,545
8,545
-
-
36,233
36,233
490,560
490,560
639,088
148,528
298,458
447,493
443,918
3,575
19,558
19,558
14,408
5,150
138,782
103,169
-
103,169
262,433
113,398
38,998
74,400
899,442
899,442
123,168
776,274
4,696
4,696
4,696
-
1.623,369
1,587,756
625,188
962,568
(1,820) (37,433) (37,433)
(1,134,629) (1,134,629) (23,533) 1,111,096
1,267,160 1,267,160 1,267,160
$ 132,531 $ 132,531 $ 1,243,627 $ 1,111,096
G-31
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
TOURIST DEVELOPMENT, DISTRICT WIVE, THREE CENT SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Taxes
Charges for Services
Investment Income
Total Revenues
EXPENDITURES:
Current:
Economic Environment:
Advertising and Promotion
Administrative Services
Tourist Information Services
Catastrophic Emergency
Special Events
Bricks and Mortar
Total Expenditures
Excess/Deficiency of Revenues
Other Financing Sources/(Uses):
Transfers from Other Funds
Transfers to Other Funds
Variance with
Final Budget
Original Final Positive
Budget Budget Actual (Negative)
$ 563,212 $ 563,212 $ 657,413 $ 94,201
- 9,453 9,453
_ 29,415 29,415
563,212 563,212 696,281 133,069
257,396
257,396
240,671
16,725
20,624
20,624
16,047
4,577
11,027
11,027
11,027
117,545
117,544
-
117,544
84,473
84,474
22,133
62,341
790,149
753,291
289,708
463,583
1,281,214
1,244,356
579,586
664,770
797,839
15 15
(1,960) (38,818) (38,818) _
Total Other Financing Sources/(Uses) (1,960) (38,818)
(38,803) 15
Net Change in Fund Balances
Fund Balances, October 1
Fund Balances, September 30
(719,962) (719,962) 77,892 797,854
892,411 892,411 892,411 _
$ 172,449 $ 172,449 $ 970,303 $ 797,854
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND
BALANCES- CHANGES IN
BUDGET AND ACTUAL
LOCAL HOUSING ASSISTANCE
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Variance with
Final
Budget
Original Final
Bum- Budget
Positive
eN
Ace_ ( g
REVENUES:
$ 633,314
$ 633,314 $
599,168 $
(34,146)
75,066
Intergovernmental
-
75,066
Investment Income
_
382,437
382,437
Miscellaneous
633,314
633,314
1,056,671
423,357
Total Revenues
----
EXPENDITURES:
Current:
Economic Environment:
899,000
899,000
827,013
71,987
Home Owner Down Pymt 03
425,000
425,000
49,262
375,738
Home Owner Down Pymt 04
Owner Wastewater Improvement
324000 ,000
66,000
324,000
12,669
-
353,331
24,000
Home
SHIP Fair Housing 05
24,
_
15,818
15 818
Administration 03
12,459
12,459
Administration 04
82,648
54,371
11,882
42,489
Administration 05
Rental Rehabilitation 03
225,000
225,000
non
225,000
-
-
150,000
a sn ^nil
�n
- -
Excess/Deficiency of Revenues
(1,538,334)
(1,538,334)
97 qg2 Z
1,440,902
Over/(Under) Expenditures
Other Financing Sources/(Uses)
5 000
(5,000)
)
(5,000)
5,000
Reserve for Contingencies 03
( 5 000)
(5,000)
-
5,000
Reserve for Contingencies 04
(5,000
(5,00�
_
_ _�-
5,000
Reserve for Contingencies 05
Total Other Financing Sources/(Uses)
(15,000)
15,000)
15,000
(1,553,334)
(1,553,334)
(97,432)
1,455,902
Net Change in Fund Balances
Fund Balances, October 1
2,701,576
2- 7- 01,576
2�_
September 30
$ 1,148,242
$ 1,148,242
---�-
$ 2,604,144
$ 1� 02
Fund Balances,
I AC
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
MUNICIPAL POLICING SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Taxes
Charges for Services
Investment Income
Total Revenues
EXPENDITURES:
Current:
Public Safety:
Insurance Unincorporated & Layton
Insurance Islamorada
Insurance Marathon
Total Public Safety
Excess/Deficiency of Revenues
Over/(Under) Expenditures
Other Financing Sources/(Uses):
Reserve for Contingencies
Transfers to Other Funds
Variance with
Final Budget
Original Final Positive
Budget Budget Actual (Negative)
$ 3,593,235
$ 3,593,235
$ 3,462,646
$ (130,589)
2,674,890
2,674,890
2,751,512
76,622
20,000
20,000
36,636
16,636
6,288,125
6,288.125
6,250,794
(37,331)
465,200
468,069
468,069 -
181,200
185,763
185,763 -
177,400
152,120
151,623 497
5,464,325 5,482,173 5,445,339 (36,834)
(207,670) (195,670) 195,670
(5.722.248) (5.752096) (5,699,526) 52,570
Net Change in Fund Balances
(465,593)
(465,593)
(254,187) 211,406
Fund Balances, October 1
1,132,687
1,132,687
1,132,687 -
Fund Balances, September 30 $
667,094 $
667,094
$ 878,500 $ 211,406
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
911 ENHANCEMENT FEES SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Charges for Services
Investment Income
Miscellaneous
Total Revenues
EXPENDITURES:
Current:
Public Safety:
911 Enhancement Fund
911 Wireless
Mapping Software
Total Expenditures
Excess/Deficiency of Revenues
Over/(Under) Expenditures
r)+h�r F=nan:-;ng Sourcpc/Wt ,Ps):
Net Change in Fund Balances
Fund Balances, October 1
Fund Balances, September 30
Original Final
Budget Budget
Variance with
Final Budget
Positive
Actual (Negative)
$ 396,365 $ 396,365 $ 449,993 $ 53,628
10,000 10,000 13,702 3,702
- - 1,185 1,185
406,365 406,365 464,880 58,515
450,288 511,041 377,231 133,810
210,348 149,595 62,305 187,290
835
148,835 148,835
809,471 809.471 439,536 369,935
(403,106) (403,106) 25,344 428,450
(403,106) (403,106) 25,518 428,624
514,510 514,510 514,510 -
$ 111,404 $ 111.404 $ 540,028 $_ 428,6624
M
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
DUCK KEY SECURITY DISTRICT SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Charges for Services
Investment Income
Miscellaneous
Total Revenues
EXPENDITURES:
Current:
General Government:
Tax Collector
Public Safety:
Island Security
Total Expenditures
Excess/Deficiency of Revenues
Over/(Under) Expenditures
Reserve for Contingencies
Net Change in Fund Balances
Fund Balances, October 1
Fund Balances, September 30
Original Final
Budget _ Budget
Variance with
Final Budget
Positive
Actual (Negative)
$ $ - $ 1,039 $ 1,039
2,500 2,500 4,301 1,801
65,000 65,000 72 796 7 796
67,500 67,500 78,136 10,636
2,200 2,200 2,153 47
145,025 145,025 46,426 98,599
147,225 147,225 48,579 98,646
79,725 (79,725) 29,557 109,282
111-. (18,000) 18,000
(97,725) (97,725) 29,557 127,282
139.982 139,982 139,982
$ 42,257 $ 42,257 $ 169,539 $ 127,282
G-48
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
BOATING IMPROVEMENT SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Charges for Services
investment Income
Total Revenues
EXPENDITURES:
Current:
Physical Environment:
Boating Improvement
Marine Debris Removal
Derelict Vessels
Channel Markers
Regulatory Zones
Channel Marker Repair
Islamorada Boating Imp Fund
Marathon Boating Imp Fund
Key West Boating Imp Fund
Special Marine Projects
Iota] Expenuitures
Excess/Deficiency of Revenues
Over/(Under) Expenditures
Original Final
Budget Budget
Variance with
Final Budget
Positive
Actual (Negative)
$ 500,000 $
500,000 $
560,345 $
60,345
10,000
29,765
�100�0
5101000
510,000
5901110
,10
80,110
107,309
518,753
268,968
249,785
50,000
36,258
36,258
-
207,191
68,855
68,855
-
35,000
-
10,000
7,015
7,015
-
100,000
14,776
14,776
-
40,000
57,448
57,448
-
40,000
-
40,000
70,000
-
10,453
10,353
100
r
10
729,500
723,558
463,673
259,885
(219,500) (213,558 126,437 339,995
Other Financing Sources/(Uses): 11,833) 11,833
Reserve for Contingencies (90,000) (84,10� (48,720i 35,389
Transfers to Other Funds 000 (95,942 (48,720) _ 47,222
Total Other Financing Sources/(Uses) (90
Net Change in Fund Balances
Fund Balances, October 1
Fund Balances, September 30
(309,500) (309,500) 77,717 387,217
987,689 987,689 987,689
$ 678,189 $ 678,189 $ 1,065,406 $ 387,217
G-49
SCHEDULE OF REV NUESC XPENDIT RES AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
MISCELLANEOUS SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Licenses and Permits
Intergovernmental
Charges for Services
Fines and Forfeitures
Investment Income
Miscellaneous
Total Revenues
EXPENDITURES:
Current:
Public Safety:
Interagency Communications
Education -Building Department
Sheriffs 800 Megahertz
Teen Court
Total Public Safety
Economic Environment:
SFETC Travel
SFETC Travel
Total Economic Environment
Human Services:
FL Keys Council for the Handicapped
Legal Aid
Total Human Services
Culture and Recreation:
Settler's Park Landscaping
Higgs Beach Dog Park
Library Special Programs
Total Culture and Recreation
Court Related:
Alt Dispute Resolution - Family
Alt Dispute Resolution - Civil
Ord 016-2004 St Court Sup
Total Court Related
Variance with
Original Final
Final Budget
Budget Bu
- --9 - dget
Actual
Positive
Ne (_ gat_ lam_
$ $ -
7,378
$ 19,946
$ 19,946
- 227,437
754,644
(7,378)
527,207
11,000
293,848
282,848
- 549
----8
66,835
66,286
18,758
----__ 65 122,154,03
19
1,075,566
13,000
737,567
168,553
569,014
-
13,000
338,000
2,945
10,055
--- _=
55,082
�-
55,082
338,000
1,088,566
1 649
0
-
917
8,886
8,886
-
10.378
7 FR9
8,886
2,789
---135,819
----
j00
4=555
------_�28,2_30
24,878
24,878
10,101
-- -- ---9_
55,082
55,082
14,777
-- 24,878
79,960 -�------------=
--__
_
1_ 4, 777
10,315
6,369
-
18,758
18,721
6,369
11,000
37
10,315
36,127 ----__
_ 1
,406
13,230
11,270
13,230
11,270
1,156
12,074
-��
51,136
5,447
5,823
24 Spy
----�--
51,136-
_6603 69,033_
r:_rn
(Continued)
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL - CONTINUED
MISCELLANEOUS SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Total Expenditures
Excess/Deficiency of Revenues
Over/(Under) Expenditures
Other Financing Sources/(Uses):
Transfers from Other Funds
t Other Funds
Variance with
Final Budget
Final Positive
Original Actual (N� _
Bud e4 t Bu-
1,371,191 � 76 1--- 6- 515
1_ 16���
Transfers o
Total Other Financing Sources/(Uses)
Net Change in Fund Balances
Fund Balances, October 1
Fund Balances, September 30
1,161,700 1,106,069 _ 829,355 1--935424'
35,537 35,537
55,631 55,082 _�49
�-- _ (___ � s _5a_5)_ _ 36 0
86
(1,161,700) (1,161,700) 809,810 1,971,510
2,182219 2,182,219 2,182,219
$ 1,020,519. $ 1,020,519 $ 2_' $ 1,971,510
--��—
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
ENVIRONMENTAL RESTORATION SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Variance with
Final Budget
Original
Final
Positive
Budget
Budget
Actual
(Negative)
egative)
Fines and Forfeitures
Investment Income
$ 330,000
$ 330,000 $
45,674
$ (284,326)
Total Revenues
330,000
-
330,000
1,743
47,417
1,743
(282,58�
EXPENDITURES:
Current:
Physical Environment:
Environmental Restoration
320,980
320,980
15,743
305,237
Culture and Recreation:
Settler's Park
9,083
9,083
9,083
Total Expenditures
330,063
330.063
15,743
314,320
Excess/Deficiency of Revenues
Over/(Under) Expenditures
(63) (63)
31,674
31,737
L4 437)
-
21,437
Net Change In Fund Balances
(21,500)
(21,500)
31,674
53,174
Fund Balances, October 1
50,138
50,138
50,138
-
Fund Balances, September 30
$ 28,638 $
28,638 $
81,812 $
53,174
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
LAW ENFORCEMENT TRUST SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Fines and Forfeitures
Investment Income
Total Revenues
EXPENDITURES:
Current:
Public Safety:
Law Enforcement
Excess/Deficiency of Revenues
Over/(Under) Expenditures
Net Change in Fund Balances.
Fund Balances, October 1
Variance with
Final Budget
Original
Final
Positive
Budget
Budget
Actual
(Negative)
$ 7,443 $
50,311
$ 42,868
2,000
2,000
2,840
840
2,000-�53
43,708
900 862,923 125,145 737,778
100 () (71,994) 81,486
100 (853,480) (71,994) 781,486
170,921 170,921 170,921
m ,71 rl"-
m, �+^r,n 55g1 $ 98 9,'7 $ 781,486
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
COURT FACILITY FEES SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Charges for Services
Investment Income
Total Revenues
EXPENDITURES:
Current:
Court Related:
Court Facility
Excess/Deficiency of Revenues
Over/(Under) Expenditures
Other Financing Sources/(Uses):
Reserve for Contingencies
Net Change in Fund Balances
Fund Balances, September 30
Variance with
Final Budget
Original Final Positive
Budget Budget Actual (Negative)
$ 35,000 $ 35,000 $ 374,405 $ 339,405
- - 26,349 26,349
35,000 35,000 400,754 365,754
524,995 524,995 524,995
(489,995) (489,995) _ 400,754 890,749
(42,000) (42,000)
(531,995) (531,995)
9 $ 308,019 $ 1
- 42,000
400,754 932,749
240,768 $ 932,749
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
DRUG ABUSE TRUST SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Charges for Services
Investment Income
Total Revenues
EXPENDITURES:
Current:
Human Services:
Drug Abuse Trust Fund
Excess/Deficiency of Revenues
Over/(Under) Expenditures
Other Financing Sources/(Uses):
Reserve for Contingencies
Net Change in Fund Balances
Fund Balances, September 30
Variance with
Final Budget
Original Final
Positive
Budget Bu—_ Actual (Negative)
gam_
$ 5,000 $ 5,000 $ 11,993 $ 6,993
1,987 1,987
r nnn 5.000 — 8,980
33,750
33,750 33,750
13,980 � 0
(28,750 (28,750)
(3,000) (3,000) _ 3,000
(31,750) (31,750) 13,980 45,730
38,491 _$
38,491 $ 84.221
$
I er
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
MARATHON MUNICIPAL SERVICE SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Taxes
Charges for Services
Investment Income
Total Revenues
EXPENDITURES:
Current:
General Government:
Tax Collector Fees
Physical Environment:
Marathon Wastewater
Total Expenditures
I
Excess/Deficiency of Revenues
n. ,-• ,
Other Financing Sources/(Uses):
Reserve for Contingencies
Net Change in Fund Balances
Fund Balances, October 1
Fund Balances, September 30
Variance with
Final Budget
Original
Final
Positive
Budget
Budget
Actual
(Negative)
$ 1,173,180
$ 1,173,180
$ 1,132,226
$ (40,954)
-
-
16,030
16,030
'
-
39,813
39,813
1,173,180
1,173,180
1,188,069
14.889
33,185 33,285 33,218 67
1,686,336 1,686,336 176,807 1,509,529
1,719,521 1,719,621 210,025 1,509,596
(50,000) (49,900) 49,900
(596,341) (596,341) 978,044 1,574,385
765,085 765,085 765,085 -
$ 168,744 $ 168,744 $ 1,743,129 $ 1,574,385
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
CONCH KEY WASTEWATER MSTU SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Original Final
Budget Budget
Variance with
Final Budget
Positive
Actual (Negative)
REVENUES: $ 14,559 $ 14,559 $ 13,749 $ (810)
Taxes _ 194 194
Charges for Services _ _ 322 322
Investment Income 14,559 (294)
Total Revenues
EXPENDITURES:
Current:
General Government: 415 415 403 12
Tax Collector Fees ------
Physical Environment: 18,516 18,516 - _ 18,516
Conch Key Wastewater
Total Expenditures —
18,931 18,931 403 18,528
Excessll)eficiency of Revenues ., �, , 1 R.234
Other Financing Sources/(Uses): (500) (500Z 500
Reserve for Contingencies
Net Change in Fund Balances (4,872) (4,872) 13,862 18,734
290 290 290 -
Fund Balances, October 1 ___----
Fund Balances, September 30
4,582) $ (4,582) $ 14,152 $ 18,734
A
I C7
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
BAY POINT WASTEWATER MSTU SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Taxes
Charges for Services
Investment Income
Total Revenues
EXPENDITURES:
Current:
General Government:
Tax Collector Fees
Physical Environment:
Bay Point Wastewater
Total Expenditures
Excess/Deficiency of Revenues
Over/0lndpO r-vn1 ,n.+ft,,,. ,
Reserve for Contingencies
Net Change in Fund Balances
Fund Balances, October 1
Fund Balances, September 30
Original Final
B—_ Bu_ dget
$ 52,393 $ 52,393 $
Variance with
Final Budget
Positive
Actual (Ne_ gat_ ice_
51,114 $ (1,279)
719 719
1,22
52393 —4 ---- ��224
--- —5_ 2_ 393 _ 5__3,057 _�664
1,507 1,507 1,489
— --__ —_ 18
_Z2,266 72,266 72,266
73,773 — 7_ 3_773 1,489
---__.�72,2_84
—(2,000) (2 000)
(23,380) (23,380) 51,568 74,948
1,453
1,453
1 453
$ $_ (21,927) $ 53,021
$ 74,948
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
BIG COppITT
FOR HE YEAR AENDED SEPTEMBER 30, 2005TER MSTU SPECIAL E FUND
Variance with
Final Budget
Original
Final
Actual
Positive
(Negative)�
Bum_
Budget
__—
REVENUES:
$ 170,474
$ 170,474 $
164,890
483
$ (5,584)
483
Taxes
Charges for Services
_
2,833
168,206
2,833
2,268
Investment Income
17p,474
0474
Total Revenues
EXPENDITURES:
Current:
Physical Environment:
5,114
5,114
5,114
153,886
Big Coppitt Municipal Svc District
153,886
153,886-----------
Big Coppitt Wastewater
-- -- —
159'00t)
159,000 _�--�—
159,000
Total Expenditures
--- ---
Excess/Deficiency of Revenues
11,474
11,474
168,206 156,732
�------
Over/(Under) Expenditures---------
8,524 168,206 159,682
Net Change in Fund Balances 8,524
Fund Balances, October 1 168,206 $ 159,682
$ 8,524 $ 8,524 $
Fund Balances, September 30 �-
0
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
KEY LARGO WASTEWATER MSTU SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Taxes
Charges for Services
Investment Income
Total Revenues
EXPENDITURES:
Current:
General Government:
Tax Collector Fees
Physical Environment:
Key Largo Wastewater
Total Expenditures
Excess/Deficiency of Revenues
Other Financing Sources/(Uses):
Reserve for Contingencies
Net Change in Fund Balances
Fund Balances, October 1
Fund Balances, September 30
Variance with
Final Budget
Original
Final
Positive
Budget
Butt
Actual
(Negative)
$ 961,565
$ 961,565 $
928,397
$ (33,168)
_
-
13,086
13,086
_
961,565
961,565
20,570
962,053
20,570
_±88
27,419 27,4191 g 300
1,156,068 1,156,068 432,065 724,003
1,183,487 1,183,487 459,184 724.303
(40,000) (40,000) - 40,000
(261,922) (261,922) 502,869 764,791
233,736 233,736 233,736
$ (28,186) $ (28,186) $_ 736,6_ 05 $ 764,791
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL (BUDGETARY BASIS)
COMPREHENSIVEREVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Intergovernmental
Mortgage Receivable Receipts
Investment Income
Total Revenues
EXPENDITURES:
Current:
General Government:
Administrative
Capital Outlay:
Land and Land Rights Acquisition
Total Expenditures
Net Change in Fund Balances
Fund Balances, October 1
Variance with
Final Budget
Original
Final
Bum get__----------
Actual
Positive
(Negative)
Budget_ _
$ 2,680000
$ 2,680,000 $
3,150,766
$ 470,766
-
700:000
700,000
___
700,000
nne'71R
162.715
307,500
307,500
�-------
237,433
�67
11_ 51_ 9,347
11_ 519,347
6,467,615
— 5
11,826,847
11 47
6-- ,705,048
5— 121�_
(8,346,847) (8,346,847) (2,591,567) 5,755,280
10,824,945 10— 8�_ 10�---
r
G-61
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
SHERIFF'S INMATE COMMISSARY SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Charges for Services
Investment Income
Miscellaneous
Total Revenues
EXPENDITURES:
Current:
Public Safety
Variance with
Original
Final
Final Budget
Budget
_Budget
Actual
Positive
(Negative)
$ -
$ 286,696 $
416,299
$ 129,603
2,084
3,049
3,049
_ 455,301
62,289
62,289
_
___L57,385
352,034
481,637
129,603
543,983 352,034 _ 35�q
Excess/Deficiency of Revenues
Over/(Under) Expenditures (86,598) - 129,603 129,603
Fund Balances, October 1 �98
86,598 ____L6,59 g
Fund Balances, September 30 $ $ 86,598 $ 216,201 $ 129,603
G-62
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
SHERIFF'SFUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Variance with
Final Budget
Final Positive
Original Actual (Negative)
Bu_ d_ g�_ Budget
REVENUES: $ 160,344 $_ 141,255 $ 141,255
Charges for Services
EXPENDITURES:
Current:
Public Safety
Excess/Deficiency of Revenues
Over/(Under) Expenditures
Fund Balances, October 1 ------ $
Fund Balances, September 30
G-63
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
SHERIFF'S OFF -DUTY SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Intergovernmental
Charges for Services
Total Revenues
EXPENDITURES:
Current:
Public Safety
Excess/Deficiency of Revenues
Over/(Under) Expenditures
Fund Balances, October 1
I Fund Balances, September 30
Original Final
Budget Budget
Variance with
Final Budget
Positive
Actual (Negative)
$ - $ - $ 13,990 $ 13,990
137,244 107,978 93,923 (14,055)
137,244 107,978 107,913 (65)
137,309 107.978 107,978
(65) - (65) (65)
65 65 65 _
$ 65
G-64
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
SHERIFF'S SHARED ASSET FORFEITURE SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Variance with
Final Budget
Original Final Positive
Budget Budget Actual (Negative)
REVENUES:
$ 271,190 $ 151,632 $ 204,968 $ 53,336
Investment Income
EXPENDITURES:
Current:
Public Safety 4,988,824 _ 151,632_ 151,632
Excess/Deficiency of Revenues 4,717,634) - 53,336 53,336
Over/(Under) Expenditures
Fund Balances, October 1 4,717,634 4,717,634 4,717,634 -
Fund Balances, September 30 $
$ 4_ 71_ 7,634_ $ 4,770,970 $ 53,336
G-67
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
SHERIFF'S FEDERAL FORFEITURE SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Variance with
Original
Final
Final Budget
REVENUES:
Budget
et _
Budget
Positive
Actual (Negative)
Intergovernmental
Investment Income
$ 1,273,150
$ 1,305,949
$ 1,305,949 $
"
47,131
52 779 __
52,779 _
Total Revenues
1,320,281
1,358,728
1,358,728 _
EXPENDITURES:
Current:
Public Safety
3,051,135
1�_
1,416,086
Excess/Deficiency of Revenues
Over/(Under) Expenditures
_(1 730 854) (57,358) _____(57,358, _
Other Financing Sources/(Uses):
Transfers to Other Funds
Net Change in Fund Balances
(1,730,854)
(57,358) _
Fund Balances, September 30 $ $ 1,673,496 $ 1�_--
e •o
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
SHERIFF'S HIDTA ADMINISTRATION SPMBER 302005 REVENUE FUND
FOR THE YEAR ENDED SEPTE _
Variance with
Final Budget
Original
Final Positive
Budget udget
Actual (Negative)
B�-----
REVENUES: $_ 19_ Og8 $ 190 683 $_1 gt),683 $ -- —
Charges for Services
EXPENDITURES:
Current: 193,265 193,265
Public Safety
Excess/Deficiency of Revenues (75,757) (2,582) (2,582)
Over/(Under) Expenditures
75,757 75,757 �757
Fund Balances, October 1 -----
$ 73,175 $ 73,175 $
Fund Balances, September 30
G-69
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
SHERIFF'S AIRPORT SERVICES SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Intergovernmental
EXPENDITURES:
Current:
Public Safety
Excess/Deficiency of Revenues
Over/(Under) Expenditures
Fund Balances, October 1
Fund Balances, September 30
Original Final
Budget _ Budget
Variance with
Final Budget
Positive
Actual (New_
$$ 1,672,309 $ 1,677,996 $ 1,679,835 $ _ 1_ 839
1,672,309 1,677,996 1_ 679,835 (1839)
---------------
G-70
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
SHERIFF'S ENFORCEMENT TRUST SPECIAL LAW REVENUE FUND
OR THE YEAR ENDED SEPTEMBER 30, 2005
Variance with
Final Budget
Original
Final
Positive
Actual (Negative)
Bum—
Bu_ dget _
_�—
REVENUES:
$ 52,650
$�125 14_5
$�125145 $
Intergovernmental
EXPENDITURES:
125,145 "
Current:
�50
125,145
----�
Public Safety
Excess/Deficiency of Revenues
-
Over/(Under) Expenditures
Fund Balances, October 1
_-- ---�—
Fund Balances, September 30--
—�
G-71
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
SHERIFF'S FINE AND FORFEITURE SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Intergovernmental
Investment Income
Miscellaneous
Total Revenues
EXPENDITURES:
Current:
Public Safety
Excess/Deficiency of Revenues
Over/(Under) Expenditures
Fund Balances, October 1
ih Fund Balances, September 30
Original Final
Bum_ Budget
Variance with
Final Budget
Positive
Actual (Negative)
zti - $ $ 58,041 $ 58,041
3,522 7,123 7,123
30— 4,651 734,964 607,631 (127,333)
308_173 734,964 672,795 _ (6__ 2,�69)
—81 _ 15,598 15,598
82,892 719,366 657,197 (62,169)
$�82_892 $ 719,366 $� 7 $ (62,169)
G-72
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
CLERK'S RECORDS MODERNIZATION SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Original Final
Budget Budget
Variance with
Final Budget
Positive
Actual (Negative)
REVENUES: $ 230,000 $ 230,000 $ 591,371 $ 361,371
Charges for Services 4,000 4,000 21,401 17,401
Investment Income _ 8,936 8,936
Miscellaneous ----
Total Revenues 234,000 234,000 _ 621.708 8
EXPENDITURES:
Current:
Court Related: 704,000 704,000 177,024 526,976
Modernization Trust
Excess/Deficiency of Revenues 470,000) (470,000) 444,684 914,684
Over/(Under) Expenditures
Other Financing Sources/(Uses): 318,750 _ 318,750
Lease Purchase Proceeds
Fund Balances, October 1 649,633 6_ 49.633 649,633
$ 179,633 $ 179,633 $ 1----47 $ 1,233,434
Fund Balances, September 30_
G-73
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
CLERK'S COURT RELATED SPECIAL REVENUE FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Intergovernmental
Charges for Services
Fines and Forfeitures
Total Revenues
EXPENDITURES:
Current:
Court Related:
Clerk Administration
Clerk Records Management
Clerk Jury Management
Clerk Circuit Court Criminal
Clerk Circuit Court Civil
Clerk Circuit Court Family
Clerk Circuit Court Juvenile
Clerk Circuit Court Probate
Clerk County Court Traffic
Total Expenditures
Excess/Deficiency of Revenues
Over/(Under) Expenditures
Other Financing Sources/(Uses):
Reserve for Contingencies
Net Change In Fund Balances
Fund Balances, October 1
Fund Balances, September 30
Original Final
Budget_ _ Budget
Variance with
Final Budget
Positive
Actual (New)
$ 635,224
2,537,127
$ 635,224
2,565,127
$ 404,680
$ (230,544)
1,149, 790
1�80
2,022,264
1.214,885
(542,863)
81,355
441
4,333,881
329
_ (692 052)
308,214
308,214
281,628
26,586
329,405
329,405
305,330
075
137,163
137,163
81,840
,
5555,323
23
817,305
817,305
736,918
80,387
453,678
453,678
410,494
145,114
145,114
119,639
,184
2525,475
102,492
112,017
109,810
2,207
60,448
60,448
58,576
1,872
_
38,670
746,486
771,786
771,755
11,120
31
3, 95---0, 759
---------
3,950,759
3- gig
308,930
371,382 22 (383122)
(371,382) (383,122)
---�-___ 383,122
G-74
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
-3 2003
INFRASTRUCTURE SALESVENUE BONDS, SERIE,
THE SURTAX
YEAR EENDED SEPTEMBER 30, 2005 DEBT SERVICE FUND
REVENUES:
Intergovernmental
Investment Income
Total Revenues
EXPENDITURES:
Current:
Debt Service:
2003 Revenue Bonds:
Principal
interest
Other Debt Service Costs
Total 2003 Revenue Bonds
Guaranteed Entitlement Loan:
Principal
Interest
Other Debt Service Costs
Total Guaranteed Entitlement Ln
Original Final
Budget Budget _
Variance with
Final Budget
Positive
Actual_ (New )
$ 656,045 $ 656,045 $ 656,045 $ 2 471
8,000 10,471
_� 5 ---- 2,471
664,045 ,�45---666,516 �----
1,145,000 1,145,000
652,230 652,230
1
1,145,000 _
640,780 11,450
10,000
556,044
556,044
556,044
79,157
g43
80,000
80,000
20,000
20,000
44
00------'
_ 656__
�---
20,8433
.,_iR.
A^')C3
Excess/Deficiency of Revenues 1 754,465) _ 4_ 4,764
Over/(Under) Expenditures (129) (1,799,229)
19)
99
Other Financing Sources/(Uses): (289 038) (289,038) - 289,038
Reserve for Contingencies 88,885
1,807,230 1,807,230 1� 5 Transfer from Other Funds 1, 07 377,923
Total Other Financing Sources/(Uses) 1,518,192 151 ,192 1 3 115
(281,037) (281,037) 141,650 422,687
Net Change in Fund Balances
177,901
177,901 177,901
Fund Balances, October 1
�---
0 $ (103,136) $$ (103,136)
Fund Balances, September 3$ 422,687
31 $
G-75
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
CLERK'S REVENUE NOTE CAPITAL PROJECTS FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Investment Income
Miscellaneous
Total Revenues
EXPENDITURES:
Current:
Capital Outlay:
Court Services Network System
Excess/Deficiency of Revenues
Over/(Under) Expenditures
Net Change in Fund Balances
Fund Balances, October 1
F
Fund Balances, September 30
Original Final
Budget Budget
Variance with
Final Budget
Positive
Actual (Negative)
2,216
4,165 4 1As
117,772 36,608 81,164
(117,772) (30,227) 87,545
(117,772)
117,772 117,772
$ `117,772 $ _ $
(30,227) 87,545
117,772
87,545 $ 87,545
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES
IN FUND BALANCES - BUDGET AND ACTUAL
ONE CENT INFRASTRUCTURE SURTAX CAPITAL PROJECT FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Taxes
Charges for Services
Investment Income
Miscellaneous
Total Revenues
EXPENDITURES:
Current:
Capital Outlay:
General Government:
Vehicle Replacement
General Government Projects
Total General Government
Public Safety
Physical Environment
Culture and Recreation
Total Capital Outlay
Excess/Deficiency of Revenues
Over/(Under) Expenditures
Variance with
Final Budget
Original
Final
Positive
Budget
Budget
Actual
(Negative)
$ 10,500,000
$ 10,500,000
$ 14,875,923
$ 4,375,923
-
315,072
315,072
375,000
375,000
1,128,744
753,744
-
100
100
10,875,000
10.875,000
16,319,839
5,444,839
8,876
8,876
-
8,876
15,819,760
18,794,082
7,844,955
10,949,127
15,828,636
18,802,958
7,844,955
10,958,003
3,726,957
2.966,710
1,246,283
1,720,427
6,918,931
2,818,931
3,240,365
6,578,566
"0 885
560,866
267.797
_293,068
4,932,000
155,000
116,369
38,631
32,619,711
33,754,464
14,150,192
19,604,272
(21,744,711) (22,879,464) 2.169,647 25_ 049,111
Other Financing Sources/(Uses):
(2,407,450)
(1,421,335)
_
1,421,335
Reserve for Contingencies
451
451
Transfers from Other Funds
(3,900,000)..
(3,751,362)
(2,292,788)
1,458,574
Transfers to Other Funds
Total Other Financing Sources/(Uses) (6 307,450)
(5,172,697)
(2,292,3371
2,880,360
Net Change in Fund Balances
(28,052,161)
(28,052,161)
39,700,287
(122,690)
39,700,287
27,929,471
Fund Balances, October 1
39,700,287
$ 11,648,726
$ 11,648,126
$ 39,577,597
$ 27,929,471
Fund Balances, September 30
r__77
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES - BUDGET AND ACTUAL
INFRASTRUCTURE SALES SURTAX REVENUE BONDS,
SERIES 2003 CAPITAL PROJECTS FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2005
REVENUES:
Investment Income
EXPENDITURES:
Current:
Capital Outlay:
General Government:
General Government Projects I
General Government Projects II
Total General Government
Public Safety:
Public Safety Projects I
Public Safety Projects II
Total Public Safety
Human Services:
Human Service Projects I
Total Capital Outlay
Excess/Deficiency of Revenues
Over/(Under) Expenditures
Net Change in Fund Balances
Fund Balances, October 1
Fund Balances, September 30
Variance with
Final Budget
Original Final Positive
Budget Budget Actual (Negative)
$ 150,000 $ 150,000 $ 487,560 $ 337,560
8,690,000
450,000
245,493 204,507
2,182,501
10,422,501
- 10,422,501
10,872,501
10, 872, 501
245, 493 10, 627, 008
5,157,000 1,000,000 191,816 808,184
4,157,000 4,157,000
5,157, 000 5,157,000 191, 816 4,965,184
2,985,000 500,000 12,412 487,588
Inc ^�0 _ 2,485,000
12,412 2,972,588
19, 014, 501 19, 014, 501 449, 721 18 , 564, 780
(18,864,501) (18,864501) 37,839 18,902,340
(18,864,501) (18,864,501) 37,839 18,902,340
19,119,928 19,119,928 19,119,928
$ 255,427 $ 255,427 $ 19,157,767 $ 18,902,340
r-7R
MONROE COUNTY, FLORIDA
COMBINING STATEMENT OF NET ASSETS
INTERNAL SERVICE FUNDS
SEPTEMBER 30, 2005
ASSETS
Current Assets:
Cash and Cash Equivalents
Accounts Receivable, Net
Due from Other Funds
Due from Other Governmental Units
Total current assets
Worker's Group Risk
Compensation Insurance Management
Fund Fund Fund
$ 7,504,255 $ 10,949,158 $ 2,787,193
- 15,750 2,971
23,937 250,231 -
7,528,192 11,215,139 2,790,164
Noncurrent Assets: -
Land and Other Nondepreciable Assets -
Capital Assets, Net of Accum. Depreciation 6,031 2,267 1,985
Total Noncurrent Assets 6,031 2,267 1,985
Total Assets
LIABILITIES
Current Liabilities:
Accounts Payable
,JUe lU vlht; fui,uS
Due to Other Governmental Units
Accrued Comp. Absences Payable
Other Current Liabilities
Total Current Liabilities
Noncurrent Liabilities:
Accrued Comp. Absences Payable
Total Liabilities
NET ASSETS
7,534,223 11,217,406 2,792,149
29,772 121,315 14,552
_4`
35,684 -
6,091 -
4,250 2,885 -
1,811,875 3,224,334 1,526,131
10,479 18,264 9,288
1,822,354 3,242,598 1,535,419
Invested in Capital Assets, Net of Related Debt 5,70,37,972,
601 26 1,25, 1958
Unrestricted
Total Net Assets $ 5,711,869 $ 7,974,808 $ 1,256,730
Fleet
Management
Fund Total
$ 1,312,015 $ 22,552,621
- 18,721
1,473 1,473
145,614 419,782
1,459,102 22,992,597
54,000
54,000
1,308,311
1,318,594
1,362,311
1,372,594
2,821,413 24,365,191
147,537 313,176
20 015 3? 091
94,.) U iJ 1, :J
36 35,720
- 6,091
- 7,135
613,108 7,175,448
62,381 100,412
675,489 7,275,860
1,362, 311 1,372,594
783,613 15,716,737
$ 2,145,924 $ 17,089,331
MONROE COUNTY, FLORIDA
COMBINING STATEMENT OF REVENUES, EXPENSES AND
CHANGES IN FUND NET ASSETS
INTERNAL SERVICE FUNDS
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Operating Revenues:
Charges for Services
Miscellaneous
Total operating revenues
Operating Expenses:
Personnel Services
Operations
Depreciation and Amortization
Asserted and Paid Claims
Total operating expenses
Operating Income/(Loss)
Worker's Group Risk
Compensation Insurance Management
Fund Fund Fund
$ 2,214,756 $ 14,115,750 $ 1,523,721
190,916 307,534 18,014
2,405,672 14,423,284 1,541,735
167,964
174,949
116,702
416,314
567,241
1,284,431
3,423
893
660
1,699,116
10,319,303
85,264
2,286,817
11,062,386
1,487,057
118,855 3,360,898 54,678
Non -Operating Revenues/(Expenses):
Investment Income 163,157 232,462 75,766
Gain (Loss) on Disposition of Assets (777) - (6,759)
Total Non -Operating Revenues/(Expenses) 162,380 232,462 69,007
'! u ,� .,.. 'il
Transfers from Other Funds
Transfers to Other Funds
Capital Grants and Contributions
Change in Net Assets
Total Net Assets -October 1
Total Net Assets -September 30
, .._Jo . ,J9- r,1, 1 _,j,�vj
1,223 -
282,458 3,593,360 123,685
5,429,411 4,381,448 1,133,045
$ 5,711,869 $ 7,974,808 $ 1,256,730
Fleet
Management
Fund Total
$ 2,956,449 $ 20,810,676
680 517,144
2,957,129 21, 327, 820
865,181
1,324,796
1,463,229
3,731,215
74,531
79,507
-
12,103,683
2,402,941
17,239,201
554,188 4,088,619
33,230 504,615
(14,800) (22,336)
18,430 482,279
S/1,618 4,5i0,898
1,473 1,473
(445,500) (445,500)
1,223
128,591 4,128,094
2,017,333 12,961,237
$ 2,145,924 $ 17,089,331
MONROE COUNTY, FLORIDA
COMBINING STATEMENT OF CASH FLOWS
INTERNAL SERVICE FUNDS
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Operating Activities'
Cash received for services
Cash rec'vd from other funds for goods and svcs
Cash payments to suppliers for goods and svcs
Cash payments to employees for services
Cash payments to other funds
Other operating revenue
Net Cash Provided by/(Used in)
Operating Activities
Noncapital Financing Activities:
Transfers from other funds
Transfers to other funds
Net Cash Provided/(Used) by Noncapital
Financing Activities
Capital and Related Financing Activities:
Net Casn r'iuvidedi(usuu) uy w,d
Related Financing Activities
Worker's
Group
Risk
Compensation
Insurance
Management
Fund
Fund
Fund
$ 81,480
$ 3,708,025
$ 36,475
2,132,880
10,394,819
1,482,996
(1,346,501)
(11,088,146)
(1,413,884)
(134,504)
(130,923)
(9269
(29,463)
(32,896)
,9)
190,916
349,584
15,354
894,808
3,200,463
10,213
(5,254) (1,066) (6,195)
Investing Activities: 163,157 232,462 � 6
Investment income
Net Cash Provided/(Used) in Investing Activities 163,157 232,462 —6
Net Increase/(Decrease) in Cash and
Cash Equivalents
Cash and Cash Equivalents:
October 1
1,052,711 3,431,859 79,784
6,451,544 7,517,299...__2,707,409
September 30 $ 7,504,255 $$ 10� $ 2�93
Fleet
Management
Fund Total
$ 1,254,351
$ 5,080,331
1,625,433
15,636,128
(1,453,017)
(15,301,548)
(655,391)
(1,013,517)
(197,739)
(278,127)
680
556,534
574,317
4,679,801
1,473 1,473
1,473 1,473
OP 7r�,9l (31 77111
(17,734) (30.249)
33,230 504,615
33,230 504,615
591,286 5,155,640
720,729 17,396.981
$ 1,312,015 $ 22,552,621
(Continued)
MONROE COUNTY, FLORIDA
COMBINING STATEMENT OF CASH FLOWS - CONTINUED
INTERNAL SERVICE FUNDS
FOR THE YEAR ENDED SEPTEMBER 30, 2005
Reconciliation of operating income/(loss)
to net cash provided by/(used in)
operating activities:
Operating income/(loss)
Adjustments to reconcile operating income/(loss)
to net cash provided by/(used in) operating
activities:
Depreciation and Amortization
Change in assets and liabilities:
(Increase)/Decrease in Accounts receivable
(Increase)/Decrease in Due from other funds
(Increase)/Decrease in Due from other gov't units
Increase/(Decrease) in Accounts payable
Increase/(Decrease) in Accrued wages/benefits
Increase/(Decrease) in Claims/judgments payable
Worker's Group Risk
Compensation Insurance Management
Fund Fund Fund
$ 118,855 $ 3,360,898 $ 54,678
3,423
893
660
_
42,050
(2,660)
(396)
(3,402)
14,088
30,507
(33,826)
(6,614)
(4,970)
(1,034)
732,252
(212,106)
,2
5 g23
InUeaseltUcaease% ui Cu�iN..�i,��„��� FUy�°'c 8,525� 3,031)
('
Increase/(Decrease) in Other current liabiliities 775,525
Total adjustments
Net cash provided by/(used in)
operating activities
Noncash investing, capital, and financing activities:
Contribution of capital assets from gov't
Loss on disposition of assets
Cash Reconciliation:
Unrestricted
$ 894.808 $ 3_ 200,463 $ 10,213
$ 1,223 $ $ -
$ (777) $____ $ (6,759)
$ 7_ 5_ 04,255 $ 10,949,158 $ 2� 3
Fleet
Management
Fund
Total
$ 554,188 $ 4,088.619
74,531 79,507
183
39,573
(1,473)
(1,473)
(75,375)
(79,173)
72,131
82,900
(30,670)
(43,288)
-
520,146
(400)
5,665
494
20,129 591,182
$ 574,317 $ 4,679,801
$ - $ 1,223
$ (15,824) $ (23,360)
$ 1,312,015 $ 22,552,621
G-AR
MONROE COUNTY, FLORIDA
COMBINING STATEMENT OF FIDUCIARY NET ASSETS
ALL AGENCY FUNDS
SEPTEMBER 30, 2005
Clerk's
Sheriffs
Tag
General
General
and
Property
Agency
Agency
License
Tax
Totals
ASSETS
Cash and Cash Equivalents
$ 4,516,534
$ 632,896
$ 194,257
$ 2,583,522
25
$
7,927,209
13,610
Accounts Receivable
10,798
-
2,787
Total assets
$ 4,527,332
$ 632,896
$ 197,044
$ 2,583,547
$
7,940,819
LIABILITIES
$ 2,886,950
$ 632,896
$ 1,099
$ 9,282
$
3,530,227
Due to Others
Due to Other Governmental Units
1,640,382
195,945
2.574,265
4,410,592
Total liabilities
$ 4,527,332
$ 632,896
$ 197,044
$ 2,583,547
$
7,940,819
G-87
MONROE COUNTY, FLORIDA
COMBINING STATEMENT OF CHANGES IN FIDUCIARY NET ASSETS
ALL AGENCY FUNDS
FOR YEAR ENDED SEPTEMBER 30, 2005
10/1/2004
Additions
Deductions
9/30/2005
Clerk's General
Assets
Cash and Cash Equivalents
$
3,537,278
$
61,239,001
$
60,259,745
$
4,516,534
Accounts Receivable
14,589
27,408
31,199
10,798
Total assets
$
3,551,867
$
61,266,409
$
00,290,944
$
4,527,332
Liabilities
Due to Others
$
1,761,778
$
5,122,810
$
3,997,638
$
2,886,950
Due to Other Governmental Units
1,790,089
56,143,599
56,293,306
1,640,382
Total liabilities
$
3,551,867
$
61,266,409
$
60,290,944
$
4,527,332
Sheriffs General
Assets
Cash and Cash Equivalents
$
621,481
$
2,424,244
$
2,412,829
$
632,896
Liabilities
Due to Others
$
605,649
$
2,424,244
$
2,396,997
$
632,896
Due to Other Governmental Units
15,832
-
15,832
-
Totalliabilities
$
621,481
$
2,424,244
$
2,412,829
$
632,896
Tau and License
Assets
• ,_ .,,�
I'- rr3
$
1? 01F 57R
$
17.173.882
$
194,257
' '37
I otal assets
$
0j4,o43
$
z,wu,«s
y
�, i Ya,o62
$
197,044
Liabilities
Due to Others
$
2,117
$
24,456
$
25,474
$
1,099
Due to Other Governmental Units
332,526
12,011,827
12,148,408
195,945
Total liabilities
$
334,643
$
12,036,283
$
12,1 33,882
$
197,044
(Continued)
MONROE COUNTY, FLORIDA
COMBINING STATEMENT OF FIDUCIARY NET ASSETS - CONTINUED
ALL AGENCY FUNDS
FOR YEAR ENDED SEPTEMBER 30, 2005
10/1/2004
Additions Deductions
9/30�5
Property Tax
Assets
Cash and Cash Equivalents
$ 2,254,844
$ 213,549,304 $ 213,220,626
$ 2,583,522
Accounts Receivable
282
$ 2,255,126
257
$ 213,549,304 $ 213,220,883
25
$ 2,583,547
Total assets
Liabilities
Due to Others $ 6,315 $ 4,931,499 $ 4,928,532 $ 9,282
Due to Other Governmental Units 2,248,811 208,617,805 208,292,351 2,574,265
Total liabilities $ 2,255,126 $ 213,549,304 $ 213,229,883 $ 2,583,547
Total All AQ909Y Funds
Assets
Cash and Cash Equivalents $ 6,746,166 $ 289,248,125 $ 288,067,082 $ 7,927,209
Accounts Receivable 16,951 28,115 31,456 13,610
Total assets $ 6,763,117 $ 289,276,240 $ 288,098,538 $ 7,940,819
Liabilities
$ 2,375,859 $ 12,503,009 $ 11,348,641 $ 3,530,227
Due to Others
Due to Other Governmental Units 4,387,258 276,773,231 276,749,897 4,410,592
G-89
STATISTICAL SECTION
(Unaudited)
THIS PAGE INTENTIONALLY LEFT BLANK
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2
MONROE COUNTY, FLORIDA
GENERAL GOVERNMENT EXPENDITURES BY FUNCTION
FOR LAST TEN FISCAL YEARS
FISCAL
YEAR
GENERAL
GOVERNMENT
PUBLIC
SAFETY
PHYSICAL
ENVIRONMENT
TRANS-
PORTATION
ECONOMIC
ENVIRONMENT
1996
$ 24,652,862 $
45,968,956 $
1,334,988 $
4,836,343 $
9,408,309
1997
26,213,577
51,527,757
946,811
5,663,889
9,617,725
1998
21,004,358
56,691,835
2,299,807
4,507,675
10,747,966
1999
27,486,498
65,102,191
2,174,127
5,762,030
11,686,359
2000
21,771,656
72,758,894
3,847,743
4,694,097
11,659,885
2001
22,155,936
80,269,749
2,080,369
5,712,651
11,772,376
2002
31,214,821
82,854,954
1,561,508
5,976,504
15,393,516
2003
26,955,732
83,048,057
2,936,950
9,101,725
14,581,328
2004
28,801,371
85,887,994
2,650,880
5,690,399
14,311,284
. Includes all governmental fund types, except capital projects.
H-2
HUMAN
CULTURE AND
COURT
DEBT
SERVICES
RECREATION
RELATED
SERVICE
TOTAL•
5,769,102 $
4,332,830 $
$
5,777,227
$ 102,080,617
5,862,235
3,657,464
--
5,971,019
109,460,477
6,237,775
3,720,300
6,615,544
5,865,981
117,691,241
6,303,742
4,725,431
6,856,998
5,618,956
135,715,332
6,873,898
3,872,241
6,959,147
5,582,234
138,019,795
7,121,592
3,458,415
7,099,591
5,661,809
145,332,488
7,488,693
3,791,980
7,766,512
6,049,706
162,098,194
8,073,738
4,137,030
7,904.583
6,769,696
163,508,839
7,274,799
3,636,812
7,973,441
7,661,870
163,888,850
H-3
FISCAL
YEAR
1996
1997
1998
1999
2000
2001
2002
2003
wUa
MONROE COUNTY, FLORIDA
PROPERTY TAX LEVIES AND COLLECTIONS
FOR LAST TEN FISCAL YEARS
TAX
LEVY
51,350,380 $
53,523,947
56,473,845
55,411,449
56,096,471
53,154, 741
56,741,898
60,408,846
, +c'
TAX
COLLECTION
49,747,700
51,917,045
54,723,468
53,578,782
54,023,766
51,323,260
54,763,033
58,373,078
h `,Po yr,
V "I-, Jll a'
PERCENT OF
LEVY COLLECTED
96.9
97.0
97.0
97.0
96.0
96.0
97.0
97.0
nr. n
" I
Property tax levies, based o on assessed values as of January 1 st, become due and payable on
November 1 st of each yeanur. A four percent discount is allowed if the taxes are paid in November,
with the discount declining i by one percent each month thereafter. Accordingly, taxes collected will
never be one hundred perc=cent of the tax levy. Taxes become delinquent on April 1 st of each year
and tax certificates for the P full amount of any unpaid taxes and assessments must be sold not later
than June 1st of each year..—.
Property taxes receivable a®nd a corresponding reserve for uncollectible property taxes are not
included in the financial sta,atements as there are no delinquent taxes as of September 30, 2005.
Source: Monroe County To:ax Collector
a
k
YEAR
1996 $
1997
1998
1999
2000
2001
2002
2003
2004
2005
MONROE COUNTY, FLORIDA
ASSESSED AND ESTIMATED ACTUAL VALUE OF TAXABLE PROPERTY
FOR LAST TEN FISCAL YEARS
REAL PROPERTY
ASSESSED VALUE
PERSONAL PROPERTY TOTAL
ASSESSED VALUE ASSESSED VALUE
6,856,274,547 $
360,857,198
$ 7,217,131,745
6,970,972,120
355,388,938
7,326,361,058
7,513,987,881
341,038,010
7,855,025,891
7,951,158,054
363,277,323
8,314,435,377
8,682,695,235
392,464,314
9,075,159,549
9,560,072,249
398,805,072
9,958,877,321
10,903,750,374
419,964,709
11,323,715,083
12,267, 633,111
416,199,891
12,683,833,002
14,289,895,852
424,177,522
14,714,073,374
16,870,178,219
473,671,643
17,343,849,862
Assessed values used are net taxable values after deducting allowable statutory exemptions.
Property is assessed as of January 1 st and taxes based on those assessments are levied and
become due on the following November 1st. Therefore, assessments and levies applicable to a
certain tax year are collected in the fiscal year ending during the next succeeding calendar year.
Estimated actual value for each tax year is equal to the assessed value. The ratio of total
assessed to the total estimated actual value is 100% for each tax year.
Source: Monroe County Property Appraiser
H-7
MONROE COUNTY, FLORIDA
PROPERTY VALUE, CONSTRUCTION AND BANK DEPOSITS
FOR LAST TEN FISCAL YEARS
FISCAL
PROPERTY
BANK
YEAR
VALUE'
CONSTRUCTION
DEPOSITS"
1996 $
4,957,041,364
$ 79,313,136 $
999,568,000
1997
4,978,695,909
81,984,599
1,071,370,000
1998
5,221,503,169
81,159,701
1,117,690,000
1999
4,399,264,593
66,148,495
1,255,767,000
2000
4,742,183,007
108,526,787
1,346,580,000
2001
4,330,433,917
70,942,170
1,427,373,000
2002
5,022,430,274
88,916,136
1,531,25-1,000
2003
5,721,862,318
90,069,871
1,656,183,000
7(,O.1
-nn.1,it r�r
tIIlr, -7i -,.?
, i "7
Taxable property value and construction does not include the municipal areas of the County.
In Fiscal year 1999, Islamorada incorporated. In Fiscal year 2001, Marathon incorporated.
Construction amounts include new taxable construction minus deletions from the Tax Roll.
Source: Monroe County Property Appraiser
" Florida Banker's Association
a
MONROE COUNTY, FLORIDA
PROPERTY TAX RATES - DIRECT AND OVERLAPPING GOVERNMENTS
FOR LAST TEN FISCAL YEARS
TAX RATES I ILLAGE)
SCHOOL BOARD
COUNTY"
TAX YEAR
OPERATING DEBT SERVICE
OPERATING DEBT SERVICE
OTHER"
TOTAL
1996
6.2530 -
6.0857 -
1.3840
13.7227
1997
5.9021
5.8089 -
1.5850
13.2960
1998
6.0730 -
5.5354 -
1.6391
13.2475
1999
5.6550
5.1056 -
1.6391
12.3997
2000
5.1840 -
4.2181 -
1.6391
11.0412
2001
4.9890
4.4369 -
2.2357
11.6616
2002
4.7130
4.1586 --
1.916
10.7876
2003
4.4220 -
3.6903
1.8308
9.9431
2004
3.9320
3.3244 -
1.7501
9.0065
1. -
1.7200
8.2243
Property is assessed as of January 1st and the taxes based on those assessments are levied according to the
tax rate in effect during that tax year and become due on November 1st. Therefore, assessments and tax levies
applicable to a certain tax year are collected in the fiscal year ending during the following calendar year.
Monroe County does not have outstanding debt funded by ad valorem taxes.
County millage consists of the General Revenue Fund, the Fine and Forfeiture Fund, the Health Clinic and the
General Purpose Fund.
'" Consists of the following districts: Monroe County Mosquito Control, South Florida Water Management,
Ckeechobee Basin Fund, Big Cypress Fund, Everglades Construction Project and Monroe County Road Patrol
Law Enforcement.
Source: Monroe County Tax Collector
H-9
MONROE COUNTY, FLORIDA
COMPUTATION OF DIRECT UNDERLYING AND OVERLAPPING DEBT
SEPTEMBER 30, 2005
PERCENTAGE
APPLICABLE TO THIS
GOVERNMENTAL UNIT GROSS DEBT GOVERNMENTAL UNIT
Monroe County, Florida $
OVERLAPPING
NET DEBT
Monroe County does not have outstanding general obligation debt funded by ad valorem taxes.
H-12
MONROE COUNTY, FLORIDA
RATIO OF ANNUAL DEBT SERVICE EXPENDITURES FOR GENERAL BONDED
DEBT TO TOTAL GENERAL GOVERNMENT EXPENDITURES
FOR LAST TEN FISCAL YEARS
GENERAL
OTHER
TOTAL
GOVERNMENT
FISCAL
DEBT
DEBT
EXPENDITURES
YEAR
PRINCIPAL
INTEREST
SERVICE
SERVICE*
***
1996 $
3,475,000 $
2,198,015 *"$
104,212 $
5,777,227 $
102,080,617
1997
3,655,000
2,014,990
301,029
5,971,019
109,460,477
1998
3,845,000
1,298,096
722,885
5,865,981
117,691,241
1999
4,280,000
1,263,255
75,701
5,618,956
135,715,332
2000
4,455,000
1,034,686
92,548
5,582,234
138,019,795
2001
4,690,000
818,836
152,973
5,661,809
145,332,488
2002
4,855,000
630,195
564,511
6,049,706
162,098,194
2003
5,085,000
749,606
935,090
6,769,696
163,508,839
2004
6,171,359
846,396
644,115
7,661,870
163,888,850
_r'r
a -n4 ner,
"� r)q7
Rd7 079
q 06R 061
1RR.F99 204
RATIO OF DEBT
SERVICE TO
GENERAL
GOVERNMENT
EXPENDITURES
* Debt Service includes principal and interest on general obligation bonds, revenue bonds,
bond anticpation notes and other loan and notes payable.
Interest includes fiscal charges.
H-2
5.66%
5.46%
4.99%
4.14%
4.04%
3.90%
3.73%
4.14%
4.68%
1.84%
H-13
MONROE COUNTY, FLORIDA
SCHEDULE OF REVENUE BOND COVERAGE
MUNICIPAL SERVICE DISTRICT - WASTE
FOR LAST TEN FISCAL YEARS
NET REVENUE
DEBT SERVICE REQUIREMENTS
FISCAL
GROSS
AVAILABLE FOR
TIMES
YEAR
REVENUE*
EXPENSES-
DEBT SERVICE
PRINCIPAL
INTEREST
TOTAL
COVERAGE
1996 $
15,183,770 $
13,055,040 $
2,128,730 $
335,000 $
556,162
$ 891,162
2.39
1997
15,352,388
13,452,269
1,900,119
355,000
536,732
891,732
2.13
1998
16,116,708
14,058,422
2,058,286
375,000
515,788
890,788
2.31
1999
43,130,141
42,069,856
1,060.285
405,000
493,288
898,288
1.18
2000
14,648,737
12,760,853
1,887,884
425,000
468,380
893,380
2.11
2001
14,283,981
12,046,585
2,237,396
455,000
441,605
896,605
2.50
2002
13,891,015
12,738,898
1,152,117
480,000
412,485
892,485
1.29
2003
13,459,762
12,663.904
795,858
6,140,000 •*•
205,854
6,345,854
0.13
2004
13,963,983
13,459,548
504,435
323,087
151,265
474,352
1.06
2005
14,980,597
14,113,833
866,764
423,468
136,825
560,293
1.55
escrow for the retirement of refunded 1980 Bonds. Fiscal year 1999 revenue includes $3,560,134 match
transferred for a portion of Hurricane Georges expenditures.
"Expenses" exclude depreciation of fixed assets and amortization of deferred charges which are reflected
as expenses in the financial statements.
The 1991 MSD Refunding Revenue Bonds were refunded in FY 03. A portion of the refunding was completed
with the Solid Waste System Refunding Note, Series 2002 on 12/19/2002.
H-14
MONROE COUNTY, FLORIDA
SCHEDULE OF INSURANCE COMPANIES
SEPTEMBER 30, 2005
INSURANCE COMPANY
Midwest Employers Casuality Co
Preferred Governmental Claim Solutions
Fidelity National Property & First Community
Florida Municipal Insurance Trust
Worker's Compensation Volunteer Firefighters
- Hartford - AD&D
Ace Property & Casualty Insurance Company
United Capitol Insurance Company
Ace Illinois Union
Florida Windstorm Underwriting Association
Florida Sheriffs Self -Insurance Fund
Hartford Life Insurance
Lexington Insurance
American Alternative Insurance
Lantana Insurance LTD
POLICY PERIOD
10/01/04 - 09/30/05
10/1/04 - 9/30/05
09/20/05 - 06, 09/18/05 - 06, 05/18/05 - 06
10/11/05 - 06, 04/03/05 - 06, 08/05/05 - 06
09/24/05 - 06, 10/05/05 - 06, 07/19/05 - 06
01/29/05 - 06, 06/18/05 - 06, 08/01 /05 - 06
06/27/05 - 06, 11/19/05 - 06, 02/22/05 - 06
10/01/05 - 09/30/06
10/01/04 - 09/30/05
07/27/05 - 06
03/12/05 - 08
12/20/05 - 06
05/21/05 - 06
nwonrnF. OR. 0A1941n5-n6
i uiu i/O5 - ub
10/01/04 - 09/30/05
05/01/05 - 06
10/01/05 - 09/30/06
04/30/05 - 06
H-15
MONROE COUNTY, FLORIDA
SCHEDULE OF INSURANCE AGENCIES
SEPTEMBER 30, 2005
AGENCY
Arthur J. Gallagher & Co.
Acordia National
Porter Allen Insurance Company
EXPIRATION
DATE
ANNUAL
PREMIUM
04/16/06
$ 14,829
12/20/06
19,789
07121 /06
75,821
09/30/05
198,000
04/03/07
304
09/11/06
733
04/03/06
5,055
04/03/07
3,523
10/05/06
3,328
10/05/06
338
10/06/06
397
10/05/06
327
04/03/07
1,033
04/03/07
1,083
04/03/07
299
04/03/07
1,284
04/03/07
1,098
04/03/07
1,344
10/ 17/06
1,799
04/30/07
1,646
04/30/07
1,084
-1,
f
07/19/06
2,962
07/19/06
852
11/13/06
1,100
08/23/06
20,275
10/11/06
2,177
09/24/06
3,357
01 /29/07
2,189
11 /28/05
11,997
06/27/06
6,994
04/01 /07
6,618
04/01/07
6,618
11 / 19/06
612
02/22/07
341
07/01 /06
1,443
08/24/06
3,102
H-16
MONROE COUNTY, FLORIDA
SCHEDULE OF INSURANCE AGENCIES
SEPTEMBER 30, 2005
EXPIRATION
ANNUAL
AGENCY
DATE
PREMIUM
The Johnson's Insurance Agency
02/20/06
2,423
05/29/06
195,609
Florida League of Cities
10/01/06
293,758
The CIMA Companies, Inc.
07/04/05 - 06
2,649
VFIS of Fla.
10/01/06
55,953
Marsh USA, Inc.
05/01/05
410,218
The Hartford Life Ins.
09/30/05
144,000
H-17
MONROE COUNTY, FLORIDA
SALARIES AND SURETY BONDS OF PRINCIPAL OFFICIALS
SEPTEMBER 30, 2005
ANNUAL AMOUNT OF
NAME AND TITLE OF OFFICIAL SALARY SURETY BOND
Charles "Sonny, McCoy - Mayor, Board of County Commissioners $
41,106 $
2,000
Dixie M. Spehar -Member, Board of County Commissioners
41,106
2,000
George R. Neugent -Member, Board of County Commissioners
41,106
2,000
David P. Rice -Member, Board of County Commissioners
41,106
2,000
Danny L. Kolhage - Clerk of Circuit Court and Chief Financial Officer
101,894
5,000
109,863
15,000
Richard D. Roth -Sheriff
Harry L. Sawyer, Jr. - Supervisor of Elections
85,715
5,000
100,667
10,000
Ervin A. Higgs - Property Appraiser
101,894
50,000
Danise Henriquez -Tax Collector
Thomas Willi - County Administrator
151,600
--
H-18
YEAR
1996
1997
1998
2000
2001
2002
2003
2004
2005
MONROE COUNTY, FLORIDA
DEMOGRAPHIC STATISTICAL DATA
LAST TEN YEARS
POPULATION (1)
80,730
81,919
85,646
79,589
79,240
79,330
80,537
81,236
78,284
PER CAPITA
INCOME (2)
$ 28,236
29,657
32,596
37,019
37,144
36,758
37,901
NA
NA
SCHOOL
ENROLLMENT
(3)
9,422
9,529
9,213
8,979
8,847
8,767
8,633
8,618
8,492
NA - Data Not Currently Available
Sources:
(1) U.S. Bureau of the Census
(2) U.S. Department of Commerce, Bureau of Economic Analysis
(3) Monroe County School Board
(4) U.S. Department of Labor, Bureau of Labor Statistics
UNEMPLOYMENT
RATE
PERCENTAGE(4)
2.9
2.5
2.7
IW7
2.4
2.7
2.2
2.2
3.0
H-19
MONROE COUNTY, FLORIDA
MISCELLANEOUS STATISTICAL DATA
SEPTEMBER 30, 2005
Government Structure
Governing Body: Monroe County Board of County Commissioners
Number of Seats: 5
Length of Term: 4 years
Mayor: Chosen annually by fellow commissioners
Chief Administrative Position: County Administrator
EDUCATION:
Date originally established
Number of schools:
constitutionally:
July 3, 1823
I-linh �yrhr�nl;
3
tnLdi .bi.
Middle/Elementary Schools
Form of government:
Constitutional County
Number of Administrators
28
1,875.54 square miles
Number of Teachers
689
Present area:
Source: Monroe County School Board
POPULATION:
o
/o
EMPLOYEES:
Date
Residents
Increase
1996
80,730
-1.37%
Property Appraiser
46
61
1997
81,919
o
1.47/0
Tax Collector
Board of County Commissioners
586
1998
85,646
4.55%
Clerk of Circuit Court
105
1999
79,941
o
-6.60 /0
Supervisor of Elections
12
2000
79,589
-0.44%
Sheriff
547
2001
79,240
-0.44%
Land Authority
2
2002
79,330
0.11%
2003
80,537
1.52%
AMBULANCE SERVICE:
2004
81,236
0.87%
Number of vehicles
14
2005
78,284
o
-3.63 /0
Number of employees
61
Number of volunteers
36
Source:
•u.S. Bureau of the
Census
H-20
MONROE COUNTY, FLORIDA
MISCELLANEOUS STATISTICAL DATA - CONTINUED
SEPTEMBER 30, 2005
HEALTH CARE:
Number
POLICE PROTECTION:
Medical Facilities
of Beds
Number of stations
5
Lower Keys Medical Center
118
Number of employees:
Fishermen's Hospital
58
Law Enforcement Sworn
188
Mariners Hospital
42
Law Enforcement Non -Sworn
148
Corrections Sworn
152
Corrections Non -Sworn
39
Source: Monroe County Sheriffs
FIRE PROTECTION: Department
Number of stations 11
Number of volunteers 185
PUBLIC LIBRARIES:
Library Facilities 5
Library Holdings 201,469
H-21
THIS PAGE INTENTIONALLY LEFT BLANK
SINGLE AUDIT AND
GRANTS COMPLIANCE
THIS PAGE INTENTIONALLY LEFT BLANK
CHERRY
BEI(AERL8,
HOLLAND
ACWIIMI'ANiS 2
WNSIIL'IAMIS
Independent Auditors' Report on Internal Control Over Financial Reporting and on
Compliance and Other Matters Based on an Audit of Financial Statements
Performed in Accordance with Government Auditing Standards
To the Honorable Mayor and Board
of County Commissioners of
Monroe County, Florida:
We have audited the financial statements of the governmental activities, the business -type
activities, each major fund and the aggregate remaining fund information of Monroe County,
Florida (the "County") as of and for the year ended Septemb4r in rnm
comprise the County's ba-'-
March 1, Authority,
We did , u a',_.;. � elyil a "terrier"s or L:� , : ,u � . uuiiiy Housing
Finance Authority, the County's discretely presented component unit. Those financial
statements were audited by other auditors whose report thereon has been furnished to us, and
our opinion, insofar as it relates to the amounts included for the Monroe County Housing
Finance Authority, is based solely on the report of other auditors. We conducted our audit in
accordance with auditing standards generally accepted in the United States of America and the
standards applicable to financial audits contained in Government Auditing Standards, issued by
the Comptroller General of the United States.
Internal Control over Financial Reporting
In planning and performing our audit, we considered the County's internal control over financial
reporting in order to determine our auditing procedures for the purpose of expressing our
opinions on the financial statements and not to provide an opinion on the internal control over
financial reporting. Our consideration (if the internal control over financial reporting would not
necessarily disclose all matters in the internal control over financial reporting that might be
material weaknesses. A material weakness is a reportable condition in which the design or
operation of one or more of the internal control components does not reduce to a relatively low
level the risk that misstatements caused by error or fraud in amounts that would be material in
relation to the financial statements being audited may occur and not be detected within a timely
period by employees in the normal course of performing their assigned functions. We noted no
matters involving the internal control over financial reporting and its operation that we consider
to be material weaknesses. We noted other matters involving internal control over financial
reporting that we have reported to management of the County in a separate management letter
dated March 1, 2006.
1-1
Compliance and Other Matters
As part of obtaining assurance about whether the County's financial statements are free of
material misstatement, we performed tests of its compliance with certain provisions of laws,
regulations, contracts, and grant agreements, noncompliance with which could have a direct
and material effect on the determination of financial statement amounts. However, providing an
opinion on compliance with those provisions was not an objective of our audit, and accordingly,
we do not such an
of
nces
noncomplianceexpress
other matters opinion.
results disclosed
are requi edto be reported underGovernmentaAuditing
Standards.
that we have reported in separate management letters to the
We noted certain matters
management of County agencies.
tion and use t, the
ty
This report is intended solely mi r therinforma
Monroe County�F Florida, and nappl applicableaand
and Board ci County
federal agenciesand is not intended to be and should not be used by anyone other than these
,
west Palm Beach, Florida
March 1, 2006
1-2
CHERRY—,
ROLL ND
CPRTIFlL'D IYllil.11'
ACCOUNIANTti&
CONSOLIANTS
Independent Auditors' Report on Compliance and Internal Control
Over Compliance Applicable to each Major Federal Awards
Program and State Financial Assistance Projects
To the Honorable Mayor and Board
of County Commissioners of Monroe County, Florida:
Compliance
We have audited the complianre of Monroe co .
types of compliance requirEn:, m
Budget (OMB) Circular A- 133 Compliance Supplement, and the requirements described
in the Executive Office of the Governor's State Projects Compliance Supplement, that
are applicable to each of its major federal awards
programs and state
assistance projects for the year ended September 30, 2005. The County,s major'federfal
awards programs and state financial assistance projects are identified in the summary
of auditors' results section of the accompanying Schedule of Findings and Questioned
Costs. Compliance with the requirements of laws, regulations, contracts, and grants
applicable to each of its major federal awards programs and state financial assistance
Projects is the responsibility of the County's management. Our responsibility is to
express an opinion on the County's compliance based on our audit.
We conducted our audit of compliance in accordance with auditing standards generally
accepted in the United States of America; the standards applicable to financial audits
contained in Govemment Auditing Standards, issued by the Comptroller General of the
United States; OMB Circular A-133, Audits of States, Local Govemments, and Non -
Profit Organizations; and Chapter 10.550, Rules of the Auditor General. Those
standards, OMB Circular A-133, and Chapter 10.550, Rules of the Auditor General,
require that we plan and perform the audit to obtain reasonable assurance about
whether non-compliance with the types of compliance requirements referred to above
that could have a direct and material effect on a major federal awards program or state
financial assistance project occurred. An audit includes examining, on a test basis,
evidence about the County's compliance with those requirements and performing such
other procedures as we considered necessary in the circumstances. We believe that
our audit provides a reasonable basis for our opinion. Our audit does not provide a
legal determination of the County's compliance with those requirements.
1-3
.ctwith the requirements
all
repe
In our opinion, the County complied, in each ofaitsterialajosfedesal awards pro
grams and
referred to above that are applicable
state financial assistance projects for the year ended September 30, 2005.
Internal Control over Compliance
The management of the County is responsible for establishing and maintaining effective
s Of law
internal cable torfederal'ance awards'th programs andtstate financialassistancestance projects. Ions, contracts, n
grants pp
planning and performing our audit, we considered the County's internal control over
compliance
awards dshprogram orrnstate finants that cial ass stance project ve a direct and material
Corder todeterminect on a sour
federalion on compliance and to test
aditfeort on internal control ovoereof exressig our on compliance in accordance with OMB Circular A 133
annreport
and Chapter 10.550, Rules of the Auditor General.
�i
weakness is a reportable condition in which the design ur upeiatiuri of
the internal control components does not reduce to aeeulaivel I w level the risk
grants
non-compliance with applicable requirements of laws,
caused by error or, fraud that would be maabeing l in Iauldited may on to a aooccuedand not awards
program or state financial assistance project
detected within a timely period by employees in the normal course of performing their
assigned functions. We noted no matters involving the internal control over compliance
and its operation that we consider to be material weaknesses.
,
This report is intended solely for the information and use of management, the County
of County Commissioners of Monroe CountyFlorida, and
Mayor and the Board
applicable state and federal agencies, and is not intended to be and should not be use
by anyone other than these specified parties.
West Palm Beach, Florida
March 1, 2006
HE
THIS PAGE INTENTIONALLY LEFT BLANK
Monroe County, Florida
Schedule of Expenditures of Federal Awards
and State Financial Assistance
For the Year Ended September 30, 2005
Federal/State Agency,
Pass -through Entity
a i arnera_ mlState Protect
Department of Agriculture: g ment of Elder Affairs and Alliance for Aging:
Passed through State Depart
USDA 2004
USDA 2005
Total Federal Agency
Department of Commerce:
Passed through Ylot ida Uupola,ra(a Ut LI' tiUlb��l'.ri t.
Coastal Impact Asst. Program Grant
Total Federal Agency
Department of Health and Human Services:
Passed through State Department of Elder Affairs and Alliance for Aging:
Title IIIB Support Services - 2004
Title IIIB Support Services - 2005
Total Program
Title IIIC-1 Congregate Meals - 2004
Title IIIC-2 Home Delivered Meals 2004
Title IIIC-1 Congregate Meals - 2005
Title IIIC-2 Home Delivered Meals 2005
Total Program
Title III-E In -Home Services - 2004
Title III-E In -Home Services - 2005
Total Program
Passed through Florida Department of Revenue:
Child Support Enforcement Title IV-D
Passed through State Department of Community Affairs:
Low Income Home Energy Assistance Prog 2004
Low Income Home Energy Assistance Frog 2005
Total Program
Total Federal Agency
The accompanying notes are an integral part of this schedule.
CFDA
Number
10.570
10.570
11.419
93.044
93.044
93.045
93.045
93.045
93.045
93.052
93.052
93.563
93.568
93.568
1-5
Contract Grant Number
Expenditures
US451
US551 2,263
— 47,274
-__j9,537
G0007
20,943
160,730
AA429
AA529
29,726
-- 73,821
AA429
103,547
AA429
50,352
AA529
66,745
AA529
121,257
---_ 151,580
AA429
----189,934
AA529
19,708
37,767
-- 57,475
CC344
113_5,540
04 EA-4 P-11-54-01-019
05EA-5K-11-54-01-019
42,091
�49,433
— 91,524
- -,020
(Continued)
M
Monroe County, Florida
Schedule of Expenditures of Federal Awards
and State Financial Assistance
- 30, inued
For the Year Ending Sep2005
Federal/State Agency,
Pass -through Entity
Federal Proctram/State Project
Department of Housing and Urban Development:
Passed through State Department of Community Affairs:
Community Development Block Grant
Department of the Interior:
Direct Program:
Fish and Wildlife Service:
Total Federal Agency
Department of Justice:
Direct Program:
Bureau of Justice Assistance:
Bulletproof Vest Partnership Grant
Local Law Enforcement Block Grant
Passed through Office of the Attorney General:
Victims of Crime Acts
Passed through Florida Department of Law Enforcement:
Byrne Formula Grant Program- Peacock - 2005
Byrne Formula Grant Program _ US (lowship of Care Center Florida - 005th 2005
Byrne Formula Grant Program Total
Byrne Formula Grant Program - MC Education Foundation - 2005
Byrne Formula Grant Program Boys and Gids Club - 2005
Total Program
Residential Substance Abuse Treatment for State Prisoners - 2004
Total Federal Agency
Election Assistance Commission:
Passed through Florida Department of State:
Help America Vote Act Tabulation Grant
Help America Vote Act Education Grant
Total Federal Agency
The accompanying notes are an integral part of this schedule.
CFDA
Number
14.228
15 616
16.607
16.592
16.575
16.579
16.579
16.579
16.579
16.579
16.593
90.401
39.011
I
1-7
Contract Grant Number Expenditures
03 D B-1 A-11-54-01- H 32
151,300
LE507
o� qn
LE567
b.i, / yu
2003-LB-BX-0804
78,759
--- 44,706
V3036
— 17,450
05-CJ--J3-11-54-01-271
05-CJ-K3-11-54-01-080
4,762
05-CJ-K3-11-54-01-081
38,627
05-CJ-K3-11-54-01-082
9,059
05-CJ-K3-11-54-01-083
45,000
�26,795
04-CJ-7J-11-54-01-006
-124'243
-� 63,581
528,739
999
-�13_,455
�1_4,454
(Continued)
lu
Monroe County, Florida
Schedule of Expenditures of Federal Awards
and State Financial Assistance - Continued
For the Year Ended September 30, 2005
Federal/State Agency,
CFDA
Pass -through Entity
Number
Federal Program/State Project
Executive Office of the President:
Direct Program:
07.13PMIP586
High Intensity Drug Trafficking Areas
07.13PPRP578
High Intensity Drug Trafficking Areas
07.13PMIP598
High Intensity Drug Trafficking Areas
07.13PMIP5980
High Intensity Drug Trafficking Areas
07.13PMIP999
High Intensity Drug Trafficking Areas
07 14PMIP586
High Intensity uruy I lath hu i6 Areas
07.IOPMIP5109
High Intensity Drug Trafficking Areas
07.IOPMIP598
High Intensity Drug Trafficking Areas
07.IOPMIP5980
High Intensity Drug Trafficking Areas
07.11 PMIP5109
High Intensity Drug Trafficking Areas
07.11 PPRP578
High Intensity Drug Trafficking Areas
07.11PMIP598
High Intensity Drug Trafficking Areas
07.11PMIP586
High Intensity Drug Trafficking Areas
07.12PMIP5109
High Intensity Drug Trafficking Areas
07.12PPRP578
High Intensity Drug Trafficking Areas
07.12PMIP598
High Intensity Drug Trafficking Areas
07.12PMIP5981
High Intensity Drug Trafficking Areas
07.12PMIP582
High Intensity Drug Trafficking Areas
07.12PMIP586
High Intensity Drug Trafficking Areas
07.12MOP5980
High Intensity Drug Trafficking Areas
07.15PMIP586
High Intensity Drug Trafficking Areas
07.15PMIP598
High Intensity Drug Trafficking Areas
07.15PPRP578
High Intensity Drug Trafficking Areas
Total Federal Agency
Department of Transportation:
Direct Program:
Federal Aviation Administration: 20.106
Key West AIP-3715 20.106
Key West AIP-3718 20.106
Key West AIP-3721 20.106
Key West AIP-3722
The accompanying notes are an integral part of this schedule
1-9
Contract Grant Number
Exoe`reS
13PMIP586
13PPRP578
438,979
13PMIP598
245,939
13PMIP5980
441,279
13PMIP999
106,102
14PMIP586
87,433
14PMIP59P,
3,7n2 81n
14PPR -j, ,-
IOPMIP5109
2,b26,4u6
IOPMIP598
17,004
IOPMIP5980
9,301
11 PMIP5109
10,600
11 PPRP578
-15,411
11 PMIP598
-70,493
11 PMIP586
56,461
12PMIP5109
620
12PPRP578
24,978
12PMIP598
300,438
12PMIP5981
610
12PMIP582
785,637
12PMIP586
670
12MOP5980
15,375
15PMIP586
486,816
15PMIP598
5,520,611
15PPRP578
880,758
2,427,058
19,639,155
3-12-0037-1501
3-12-0037-1802 129,844
3-12-0037-021-2003 27,965
3-12-0037-022-2003 267,587
617,597
(Continued)
1-10
Monroe County, Florida
Schedule of Expenditures of Federal Awards
and State Financial Assistance - Continued
For the Year Ended Sep
Federal/State Agency,
Pass -through Entity
Federateram/State Project
Department of Transportation Continued:
Key West Alp-3723
Key West AIP-3724
Key west AIP-3725
Key West AIP-3726
Key West Alp-3727
Marathon AIP-4419
M,,,..o'O Air' anon
l Ola� i"( 4�.;
Transportation Safety Administration
Total Federal Agency
Federal Emergency Management Agency:
Passed through State Department of Community Affairs:
EMA State and Local Assistance FY 05
Federal Highway Administration:
Passed through State Department of Transportation
Transportation Planning Assistance
Florida Keys Scenic Highway Interpretive/Master Plan
Total Federal Agency
Department of Homeland Security:
Passed through State Department of Community Affairs:
Hurricane Dennis - FEMA-DR-1595-DR-FL
Hurricane Dennis - FEMA-DR-1595-FL
Hurricane Katrina - FEMA-DR-1602-FL
Hurricane Rita - FEMA-DR-3259-EM-FL
Total Program
Local Mitigation
Homeland Secuity-EOC Security improvements
Homeland Secuity-EOC Enhancements
Total Program
Total Federal Agency
The accompanying notes are an integral part of this schedule.
CFDA
Number
20.106
20.106
20.106
20.106
20.106
20.106
20.106
'(' I Ia
1U.IUb
83.552
20.205
20.205
97.036
97.036
97.036
97.036
97.039
97.004
97.004
Contract Grant Number
Expenditures
3-12-0037-023-2004
3-12-0037-024-2004
1,336,299
3-12-0037-025-2004
830,028
3-12-0037-026-2004
2,230,552
3-12-0037-027-2005
705,888
3-12-0044-019-2004
2,328
3-12-0044-020-2004
86,355
3-12-0044-021-2005
370.927
2004-G-006
—=
84,000
6,699,900
05-B G-04-11-54-01-027
23,183
FAP#8888-488
SBF3-003 76,295
69,240
145,535
06-D N-@ G-11-54-00-632
06-DN-@G-11-54-01-550
50,108
06-KT-B&-11-54-01-516
1,339,162
06-RT-&W-11-54-01-529
212,719
110,447
5HS-L+-11-54-01-127/1345-17RR
— 1,712,436—
2005-CJ-L2-07-54-01-165
-9, 50
05DS-2N-11-54-01-466
8,257
--- 790
_71,047
_ 1,803,433
1-12 (Continued)
Monroe County, Florida
Schedule of Expenditures of Federal Awards
and State Financial AssistanceContinued
For the Year Ended September 30
Federal/State Agency,
Pass -through Entity
Federal Prostram/State Proiect
National Endowment for the Humanities:
General Preservation Assessment
United States Treasury Department:
Passed through office of the Attorney General:
Federal Asset Sharing Forfeiture Program
CFDA
Number
45.149
21.000
The accompanying notes are an integral part of this schedule.
1-13
Contract Grant Number
Exoe`reS
PA-50276-04
1,754
—1,416,085
(Continued)
1-14
Monroe County, Florida
Schedule of Expenditures of Federal Awards
and State Financial Assistance - 3oContinued
For the Year Ended Sep
tember
State Agencv Name
Florida Department of Community Affairs:
Area of Critical State Concern
Bicycle & Pedestrian Plan 2003
Bicycle & Pedestrian Plan 2005
Total Program
Emergency Management Base Grant - 2005
Total Department
,)f rhilelrer mod Families:
Total Department
Florida Department of Elder Affairs:
Passed through The Alliance for Aging:
Home Care for the Elderly - 2004
Home Care for the Elderly - 2005
Total Program
Alzheimer's Disease Initiative - 2004
Alzheimer's Disease Initiative - 2005
Total Program
Community Care for Elderly 2004
Community Care for Elderly 2005
Total Program
Total Department
Florida Department of Environmental Protection:
Small Counties Solid Waste -2005
Florida Department of Health and Rehabilitative Services:
EMS Rural Matching Grant
EMS County Award 2003
EMS County Award 2004
Total Program
Total Department
' Information provided for state financial assistance but not required for federal awards.
The accompanying notes are an integral part of this schedule.
CSFA
Number
52.003
52.004
52.004
52.008
65.001
65.001
65.004
65.004
65.010
65.010
37.012
64.003
64.005
64.005
1-15
Contract Grant Number Transfer To
Expenditures Subrect! nt
00-DR-1 W-11-54-01-002
FM#25207711401/AM102
6— 0-0'750 600,750
FM#25207711401/AN082
24,566
51367
05-BG-04-11-54-01.217
75,933
102,959
779,642 600,750
Kt q r
-- 83,916
KH-472
KH-572
34,841
---- 11,656
KZ497
__ _ 497 �-
KZ597
47,416
--_ 11,547
KC471
___ 58,963
KC571
372,608
--- 66,081
�438.689
544,149 _
SC524
----191,176
R2013
C3044 __83,6_08
C4044 66,799
49,054
-15,853
--199'461
(Continued)
1-16
Monroe County, Florida
Schedule of Expenditures of Federal Awards
and State Financial Assistance - Continued
For the Year Ended September 30, 2005
State Aaencv Name
Florida Department of Juvenile Justice:
Intensive Delinquency Diversion Service
Florida Department of Law Enforcement
Intoxilizer
Florida Department of State:
State Aid to Libraries
Florida Keys Sce,WG I'1911 ay ii itt'�NrGu� %•vi��ai�: �'�aii
Overseas Heritage Trail Design & Construction
Small County Outreach Program
Transportation Planning Assistance
Key West Airport
Key West Airport
Key West Airport
Key West Airport
Key West Airport
Key West Airport
Key West Airport
Key West Airport
Key West Airport
Key West Airport
K, y West Airport
Key West & Marathon Airport
Marathon Airport
Total Program
Total Department
Florida Fish & Wildlife Conservation Commission:
Boating Improvement Fund ement Plan
Public Water Access and Marine Facilities Manaqg
Total Department
" Information provided for state financial assistance but not required for federal awards.
The accompanying notes are an integral part of this schedule.
CSFA
Number
80.022
45.030
56.008
55.009
55.022
55.004
55.004
55.004
55.004
55.004
55.004
55.004
55.004
55.004
55.004
55.004
55.004
55.004
77.006
77.006
1-17
Contract Grant Number Transfer To
Exoe`res Subrecioients•
P6K01
--4,045
8
05-ST-38
- — 970
AN�,do/4 . o i , ,� ; , ,;
AL005/FM#410504-1-54-01
-- 69,240
1 4108481
255,071
25222811403/AI893
----- 96,761
41265919401/AL021
— — 15,894
41286519401/AL288
1,554
41458418401 /AN 103
846,450
41459819401/ANB43
1,109,414
41646619401/ANI11
14,573
41646819401/AN112
761
41253519401/ANJ94
75,755
41468319401/ANL56
7,287
41646419401/ANL57
8,796
41646919401/ANK50
29,317
41265819401/ANU97
56,145
25426919402/AK043
6,754
41468419401/ANJ96
167,773
_--6 ,207
2,330,786
— 2,967,752
04148
512,392
12,210
524,602
(Continued)
1-18
Monroe County, Florida
Schedule of Expenditures of Federal Awards
and State Financial Assistance - Continued
For the Year Ended September 30, 2005
State Aaencv Name
Florida Housing Finance Corp.:
State Housing Initiative Program
State Housing Initiative Program
State Housing Initiative Program
Total Department
Total Expenditures of State Financial Assistance
CSFA
Numbe,
52.901
52.901
52.901
' Information provided for state financial assistance but not required for federal awards.
The accompanying notes are an integral part of this schedule.
1-19
Contract Grant Number Transfer To
Exoenditures Subrecinients'
SHIP 02-03 PLAN 4 YR 2
SHIP 03-04 PLAN 4 YR 3
SHIP 04-05 PLAN 5 YR 1
1,067,831
61,721
4,552
1,154,104
$ 6,748,405
$ 600,750
RM
MONROE COUNTY, FLORIDA
Notes to Schedule of Expenditures of Federal Awards and
State Financial Assistance
For the Year Ended September 30, 2005
Note 1 —Reporting Entity
ial
For reporting entity purposes, the Schedule of Federal Awards aovend mment'andnancits
Assistance include the activities of the Monroe county primary g
blended component units.
Note 2 — Summary of Significant Accounting Policies
The accounting policies and presentation of the Schedule of Expenditures of Federalc les
Awards and State Financial Assistance are in accordance with
ccou tgovemmenes
generally accepted in the United States of America as applicable
organizations.
1-21
ScheduMONFCOUNTY, Findings
gand Questioned Costs —
Federal Awards Programs and State Financial Assistance Projects
For the year ended September 30, 2005
PART I - SUMMARY OF AUDITORS' RESULTS
1. The Independent Auditors' Report on the financial statements expresses unqualified
opinions.
2. No reportable conditions relating to the audit of the financial statements are reported in the
Independent Auditors' Report on Internal Control over Financial Reporting and on
Compliance and Other Matters Based on an Audit of Financial Statements in Accordance
with Government Auditing Standards.
3. No instances of noncompliance material to the financial statements of Monroe County,
Florida were disclosed during the audit.
4. No reportable conditions relating to the audit of major federal or stare
Projects are reported in the
Control c:e:;_.. ,U
Financial Assistance Projects, - iv"'' ' `'
5. The Independent Auditors' Report on Compliance for Each Major Federal Awards
Program and State Financial Assistance Projects expresses an unqualified opinion.
6. No audit findings relative to major federal awards programs for Monroe County, Florida are
reported in this Schedule.
7. No audit findings relative to major state financial assistance projects for Monroe County,
Florida are reported in this Schedule.
8. The threshold for distinguishing Type A and Type B programs/projects was $944,866 for
major federal awards programs and $300,000 for major state financial assistance projects.
9. The County qualified as a low -risk auditee for federal Single Audit purposes, as that term
is defined in OMB CircularA-133.
10. The programs/projects tested as major programs/projects included the following:
Federal Programs
Federal CFDA No.
High Intensity Drug Trafficking Areas
Public Assistance Grants 07.000
97.036
1-22
MONROE COUNTY, FLORIDA
Schedule of Findings and Questioned Costs —
Federal AwarFor tAssistance Projects
the ea ended September 30, 2005
PART I -SUMMARY OF AUDITORS' RESULTS (CONTINUED)
State CSFA No.
State Projects
55.004
Key west/Marathon Airports
State Housing Initiative Program
52.901
PART II - FINDINGS — FINANCIAL STATEMENTS
This section le
knesses,
noncompliance eels related to the financial conditions, ea
ncial statements ments that are required to ninstances bereported n
accordance with Government Auditing Standards.
PART III - FINDINGS AND QUESTIONED COSTS — MAJOR FEDERAL AWAKUS
PROGRAMS
There are no findings or questioned costs reported.
PART IV - FINDINGS
AN PROJECTS
COSTS — MAJOR STATE FINANCIAL
There are no findings or questioned costs reported.
1-23
MO, FLRIDA
UNTY
Summary Schedule of PriorOAudiitt Findings and Corrective Action Plan
Federal Awards Programs and State Projects
For the Year Ended September 30, 2005
Prior Year Audit Findin s:
There were no audit findings in the prior year independent auditors' reports that required
corrective action.
Corrective Action Plan:
There were no audit findings in the current year independent auditors' reports that
required corrective action.
1-24
Independent Auditors' Management Letter
To the Honorable Mayor and Board
of County Commissioners of
Monroe County, Florida: the „ as of
lorida
We have audited the basic financial r statements, 005, anldnhave roe issuedFour rre(port hereon )dated
and for the year ended Sep
, 2006. These financial statements are the responsibility of the County's management.
March 1
Our responsibility is to express opinions on these financial statements based on our audit. We
... _. 1-1 -11-a;+,A �,,
d;� n + „ + +hA financiai statements of the Monroe Co1.unty Housing Finance Authority, a
Oth. ..
relates to the amounts induueU poi iiic
solely on the report of other auditors.
is n the United
We conducted our audit in accordance with
) auditing
icable o tanda al audits generaclonta'nedten (Government
rd
States of America and the standards apped by the Comptroller General of the United States. We have issued
Auditing Standards, issu
our tors
compliance nand Other. Matters based on , Report on an(Audit Control
Financial Statements Performed in
Accordance with Government Auditing Standards and top each Independent
ordltors' Report on
Fede al Awards
Compliance and Internal Control over Compliance Applicable
Program and State Financial Assistance Project. Disclosures in these reports, which are dated
March 1, 2006, should be considered in conjunction with this management letter.
Additionally, our audit was conducted in accordant require that Chapter
10.550,ddress Rulthe es of the Auditor ment
General. Those rules (Section 10.554(1)(h)1) q
reports n internal
letter, iftitters orce and other
tsalready adressed in the audit
chedule of findings and questioned c costs, whether ornotcorrective lnactions have
been taken to address significant findings and recommendations made in the preceding annual
-ial audit report. Reference to whether ettefinanc rs to each County agency
separate management corrective actions have been taken is provided in
ement
letter shall
The)2) state
hat
mana
haveRaues of thelstatementAudor Generalas'tto whether (ore
not the Couion nty hcomplied twthaSe tion 218 415, Florida
Statutes, regarding the investment of public funds. In connection with our audit of the basic
financial statements of the County, the results of our tests did not indicate that the County was
in noncompliance with Section 218.415 regarding the investment of public funds.
The require
ure in the management
letterofanof the y recomme�datons tor General (improve10e Cou) ty's)managem'ent sac ounting procedures,
and internal controls. Reference to recommendations is provided in separate
management letters for each County agency.
1-25
The Rules of the Auditor General (Section 10.554(1)(h)4) require disclosure in the management
letter of the following matters if not already addressed in the auditors' reports on compliance
and internal controls or schedule of findings and questioned costs: (1) violations of laws, rules,
regulations, and contractual provisions that have occurred, or are likely to have occurred; (2)
improper or illegal expenditures; (3) improper or inadequate accounting procedures (e.g., the
omission of required disclosures from the financial statements); (4) failures to properly record
financial transactions; and (5) other inaccuracies, shortages, defalcations, and instances of
fraud discovered by, or that come to the attention of, the auditor. There were no such matters
noted.
The Rules of the Auditor General (Section 10.554(1)(h)5) also require that the name or official
title and legal authority for the primary government and each component unit of the reporting
entity be disclosed in the management letter, unless disclosed in the notes to the financial
statements. Such disclosure Is included in notes to the financial statements.
As required by the Rules of the Auditor General (Section 10.554(1)(h)6.a.), the scope of our
audit included a review of the provisions of Section 218.503(1) Florida Statutes, regarding
financial emergencies. 1r
the results of our
financial emergency cool ;,, ,,; i.yuvvtVo1, our d"It does not provide a
legal determination on the County's compliance with this requirement.
The Rules of the Auditor General (Section 10.554(1)(h)6.b.) state that a management letter shall
include a statement as to whether or not the financial report filed with the Florida Department of
Financial Services, pursuant to Section 218.32, Florida Statutes, is in agreement with the
annual financial audit report for the current audit period and, if not, explanations of any
significant differences. It should be noted that the County's basic financial statements contain a
discretely presented component unit, defined as part of the reporting entity under accounting
principles generally accepted in the United States of America, for which the County has not
nnual report. In connectio
been deemed the local governing authority for purpose of the an with
our audit of the County, the results of our tests indicate that the annual financial report for the
year ended September 30, 2005, filed with the Department of Financial Services, is in
agreement with the annual financial audit report for the current audit period.
As required by the Rules of the Auditor General (Sections 10.554(1)(h)6.c. and 10.556), the
scope of our audit included financial condition assessment procedures as of September 30,
2005. It is management's responsibility to monitor the County's financial condition, and our
financial condition assessment was based in part on representations made by management and
the review of financial information provided by same. The financial condition assessment
procedures described above disclosed no deteriorating financial conditions.
This report is intended solely for the information and use of management, the County Mayor and
Board of County Commissioners of Monroe County, Florida, and applicable state and federal
agencies, and is not intended to be and should not be used by anyone other than these
specified parties.
West Palm Beach, Florida
March 1, 2006
1-26
THIS PAGE INTENTIONALLY LEFT BLANK