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Item G . .1 lAND AUTHORITY GOVERNING BOARD AGENDA ITEM SUMMARY Meeting Date: Seotember 9. 2009 Division: Land Authoritv Bulk Item: Y~9S No L Staff Contact / Phone #: Mark Rosch / 295-5180 Agenda Item Wording: A public hearing to consider a resolution adopting the Tentative Budget for fiscal year 201 O. Item Background: The tentative budget proposed for adoption was reviewed by the Board on July 15, 2009 and appears as Tab Y of the BDCC budget notebook. The September 9,2009 meeting is the first in a series of three public meetings leading up to the adoption of the final budget on September 23, 2009. Advisory Committee Action: N/A Previous Governing Board Action: See above. Contract/Agreement Changes: N/A Staff Recommendation: Approval Total Cost: $ Indirect Cost: $ Budgeted: Yes No_ Cost to land Authority: $ Source of Funds: Approved By: Attorney ~ County Land Steward _. Documentation: Included:-1L- To Follow: Not Required: _ Agenda Item C.., Disposition: RESOLUTION NO. A RESOLUTION OF THE MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY ADOPTING A TENTATIVE BUDGET FOR FISCAL YEAR 2010. WHEREAS, the Monroe County Comprehensive Plan Land Authority, a land authority pursuant to section 380.0663, Florida Statutes, held a public hearing on September 9, 2009 after 5:00 PM at the Nelson Government and Cultural Center on Key Largo in Monroe County, Florida, to amend and adopt a Tentative Budget for Fiscal Year 2010; NOW, THEREFORE, BE IT RESOLVED BY THE MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY that the Budget of $10,798,521 in Attachment A be adopted as the Tentative Budget for Fiscal Year 2010 and is hereby adopted. PASSEDI AND ADOPTED by the Monroe County Comprehensive Plan Land Authority at a meeting on this 9th day of September 2009. (Seal) ATTEST:: MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY Mark J. Rosch Executive Director Kim Wigington Chairman Approved for Legal Sufficiency Larry R. Erskine ATTACHMENT A MONROE COUNTY LAND AUTHORITY FY 2010 BUDGET Revenues: I ntergovern mental Property Acquisition in Key West ACSC Property Acquisition in FL Keys ACSC Administration Cash Carry Forward Property Acquisition in Key West ACSC Property Acquisition in FL Keys ACSC Unreserved Miscellaneous Interest Income Sale of Land RaGa Dedication Fees Donation Miscellaneous Mortgage Receivable Less 50k Total Revenues Appropriations: Salaries and Benefits Operating Expenses Capital Outlay Office Equipment Property in FL Keys ACSC Property in Key West ACSC RaGa Reserve Grants and Aid (Mortgages) Property in FL Keys ACSC Property in Key West ACSC Reserves Contingency End of Year Cash Total Appropriations Budget FY 2010 1 ,045,000 1 , 113,500 131,500 2,077,507 48,007 6,911,350 40,000 o o o o o (568,343) 10,798,521 236,000 121,500 1 0,000 3,535,612 3,122,507 2,772,902 o o 500,000 500,000 10,798,521