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Item E lAND AUTHORITY GOVERNING BOARD AGENDA ITEM SUMMARY Meeting Date: Seotember 23. 2009 Division: Land Authoritv Bulk Item: YE!S No l Staff Contact / Phone #: Mark Rosch I 295-5180 Agenda Item Wording: A public hearing to consider a resolution adopting the Final Budget for fiscal year 2010. Item Background: The budget proposed for adoption was reviewed by the Board on July 15, 2009 and appears as Tab Y of the BOee budget notebook. The Board adopted this budget as the Tentative Budget at a public hearing held on September 9, 2009. The Board also held a public meeting on the budget on Septem ber 16, 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 -1L- County Land Steward _. Documentation: Included:-1L- To Follow: Not Requi red: _. Disposition: Agenda Item _ RESOLUTION NO. A RESOLUTION OF THE MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY ADOPTING A FINAL BUDGET FOR FISCAL YEAR 2010. WHEREAS, the Monroe County Comprehensive Plan Land Authority (hereinafter "Land Authority"), a land authority pursuant to section 380.0663, Florida Statutes, held a public hearing ()n September 9, 2009 after 5:00 PM at the Nelson Government and Cultural Center on Key Largo, Monroe County, Florida, to amend and adopt a Tentative Budget for Fisca~ Year 2010; and WHEREAS, the Land Authority held a final public hearing on the proposed budget on September 23, 2010 after 5:00 PM at the Harvey Government Center in Key West, Monroe County, Florida to amend and adopt a Final 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 Final Budget f()r Fiscal Year 2010 and is hereby adopted. PASSEDI AND ADOPTED by the Monroe County Comprehensive Plan Land Authority at a meeting on this 23rd 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: Intergovernmental 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 I nterest Income Sale of Land RaGa Dedication Fees Donation Miscellaneous Mortgage Receivable Less 50/0 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