Resolution 031-2008 " Resolution No...,031 -2008 •
WHEREAS,it is necessary to conduct a public hearing as required by section 129.03,Florida Statutes,to amend the One Cent Infrastructure Sales Surtax Fund, Fund
#304,and 2003 Revenue Bonds Fund,Fund#307 for the fiscal year beginning October 1,2007,and ending September 30,2008,now therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONS OF MONROE COUNTY,FLORIDA,that a Public Hearing was conducted on January 16,
200'8,at 3:00'p.m.to amend the One Cent Infrastructure Sales Surtax Fund,#304,and the 2003 Revenue Bonds Fund,#307 budgets and to adopt the amended
budgets as follows: .
One Cent Infrastructure Sales Surtax-Fund 304
Revenues: Current Budget Inc./(Dec.) Revised Budget.
304-312600GN .Discret Sales Tax 1 Cent $14,000,000.00 $ 0.00 $14,000,000.00
304-361005GI Interest Earnings $650,000.00 $0.00 $650,000.00
304-389001 Less 5%FL Statute - $732,500.00 $0.00 - $732,500.00
304-389002 Fund Balance Forward $17,389,399.00 $2,455,556.00 $19,844,955.00
Total Revenue • $31,306,899.00 $2,455,556.00 $33,762,455.00
Expenditures:
304-23000-560630 Capital Outlay-Infrastructure $1,258,106.00 $ 0.00 $1,258,106.00
304-24000-560620 Capital Outlay-Building $1,560,590.00 ($635,099.00) $925,491.00.
304-25000-560620 Capital Outlay-Building $2,691,742.00 $21,537.00 $2,713,279.00
304-26000-560620 Capital Outlay-Building $2,689,471.00 $0.00 $2,689,471.00
304-22004-xxx $1,000,000.00 $0.00 $1,000,000.00
304-22005-xxx $35,930.00 -$0.00 $35,930.00
304-22006-xxx $386,000.00 $0.00 $386,000.00
304-85532-590990 Reserves 304 $1,024,564.00 $1,129,236.00 - $2,153,800.00
304-86502-590307 Transfer to Fund 307 $7,206,331.00 $280,009.00 $7,486,340.00
304-86502-590207 Transfer to Fund 207 $3,061,202.00 $1,004,873.00 $4,066,075.00
304-86502-590403 Transfer to Fund 403 $400,000.00 $655,000.00 $1,055,000.00
304-86502-590xxx Budgeted Transfers $9,992,963.00 $0.00 $9,992,963.00
Total Expenditure $31,306,899.00 $2,455,556.00 $33,762,455.00
$0.00 $0.00 $0.00
, 2003 Revenue Bonds-Fund 307 -
Revenues: Current Budget Inc./(Dec.) Revised Budget
307-361005GI Interest Earnings $1,000.00 $42,327.00 $43,327.00
307-381163GT Transfer From Fund 163 $33,984.43 $0.00 $33,984.43
307-381304GT Transfer From Fund 304 $5,600,000.00 $1,886,340.00 . $7,486,340.00
307-389001 Less 5%FL Statute -$50.00 ($2,116.00) -$2,166.00
307-389002 Fund Balance Forward $1,192,123.00 $5,897,012.00 $7,089,135.00
Total Revenue $6,827,057.43 $7,823,563.00 $14,650,620.43
Expenditures:
307-24001-560620 Capital Outlay-Building $3,556,775.00 $5,578,659.00 . $9,135,434.00
307-24003-560620 Capital Outlay-Building $1,406,122.43 $1,093,8'78.00 $2,500,000.43
307-26004-560620 Capital Outlay-Building $0.00 $15,186.00 $15,186.00
307-26501-560620 Capital Outlay-Building $1,864,160.00 $1,135,840.00 $3,000,000.00
Total Expenditures $6,827,057.43 $7,823,563.00 $14,650,620.43 ,
$0.00 $0.00 $0.00
BE IT FURTHER RESOLVED BY SAID BOARD that the Clerk of said Board,upon the receipt of the above,is hereby authorized and directed to make the necessary
changes of said items,as set forth above. - -
PASSED AND ADOPTED by the Board of County Commissioners of Monroe County,Florida,at a regular meeting of the Board on the 16th day of January,A.D. -
2008.
Mayor McCoy Yes
Mayor Pro Tem Di Gennaro Y e s
Commissioner Spehar y P s allo
Commissioner Nengent y p S CD ® o :a
--C.. co.
Commissioner Murphy Yes --• L
CD
®, 'P� BOARD OF COUNTY Cc ISSIONERS r .---1' 38 23OF MONROE CO LORIDA o f�•
fro x :�;�. ;.j
•
' By:
: Mayor/Chairma` -r ''"
tlttes`DANNY-T. )sIIAGE,Clerk N` j
,,, ,\ r C'
.c. MONROE COUNTY ATTORNEY
APPROVED AS TOFORM:
- - CHRISTINE M. L MBERT-BARROWS
ASSISTANT COUNTY ATTORNEY
Date /AgiIV?
I '
r.
a` . , r
y,-,, NOTICE OF SUPPLEMENTAL
BUDGET HEARING
Pursuant to the provisions of Section 129.03,Florida Statutes,notice is hereby given that a Public Hearing will be held
by the Board of County Commissioners of Monroe County,Florida,on January 16th,2008 at the hour of 3:00 P.M.
at the Harvey Government Center,1200 Truman Avenue,Key West,FL for the purpose of receiving any
comments the proposed supplemental Budget Amendment for the fiscal year beginning October 1,2007,
and ending September 30,2008 for the One Cent Infrastructure Surtax Fund 304 and for the 2003 Revenue Bonds Fund 307.
One Cent Infrastructure Sales Surtax-Fund 304 Current Inc./(Dec.) Revised
Revenues: Budget Budget
304-312600GN " Discret Sales Tax 1 Cent $14,000,000.00 $0.00 $14,000,000.00
304-361005GI Interest Earnings $650,000.00 $0.00 $650,000.00
304-389001 Less 5%FL Statute -$732,500.00 $0.00 -$732,500.00
304-389002 Fund Balance Forward $17,389,399.00 $2,455,556.00 $19,844,955.00
Total $31,306,899.00 $2,455,556.00 $33,762,455.00
Appropriations:
304 23000 560630 Capital Oulay-Infrastructure $1,258,106.00 $0.00 $1,258,106.00
304 24000 560620 Capital Oulay-Building $1,560,590.00 ($635,099.00) $925,491.00
304 25000 560620 Capital Oulay-Building $2,691,742.00 $21,537.00 $2,713,279.00
304 26000 560620 Capital Oulay-Building $2,689,471.00 $0.00 $2,689,471.00
304 22004 xxx $1,000,000.00 $0.00 $1,000,000.00
304 22005 530340 Other Contract Services $35,930.00 $0.00 $35,930.00
304 22006 xxx $386,000.00 $0.00 . $386,000.00
304 85532 590990 Reserves 304 $1,024,564.00 $1,129,236.00 $2,153,800.00
304 86502 590307 Transfer to Fund 307 $7,206,331.00 $280,009.00 $7,486,340.00
304 86502 590207 Transfer to Fund 207 $3,061,202.00 $1,004,873.00 $4,066,075.00
304 86502 590403 Transfer to Fund 403 $400,000.00 $655,000.00 $1,055,000.00
304 86502 590xxx Budgeted Transfers $9,992,963.00 $0.00 $9,992,963.00
Total $31,306,899.00. $2,455,556.00 $33,762,455.00
$0.00 $0.00 $0.00
2003 Revenue Bonds-Fund 307 Current Inc./(Dec.) Revised
Revenues: Budget Budget
307-361005GI Interest Earnings $1,000.00 " $42,327.00 $43,327.00
307-381163GT Transfer From Fund 163 $33,984.43 $0.00 $33,984.43
307-381304GT Transfer From Fund 304 $5,600,000.00 $1,886,340.00 $7,486,340.00
307-389001 Less 5%FL Statute -$50.00 ($2,116.00) -$2,166.00
307-389002 Fund Balance Forward $1,192,123.00 $5,897,012.00 $7,089,135.00
Total $ 6,827,057.43 $ 7,823,563.00 $ 14,650,620.43
Appropriations:
307 24001 560620 Capital Oulay-Building $3,556,775.00 $5,578,659.00 $9,135,434.00
307 24003 560620 Capital Oulay-Building $1,406,122.43 $1,093,878.00 $2,500,000.43
307 26004 560620 Capital Oulay-Building • $0.00 $15,186.00 $15,186.00
307 26501 560620 Capital Oulay-Building $1,864,160.00 $1,135,840.00 $3,000,000.00
Total $ 6,827,057.43 $ 7,823,563.00 $ 14,650,620.43
$0.00 $0.00 $0.00
January 14,2008