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Item R1BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: April 20, 2011 Division: Budget& Finance Bulk Item: Yes — No X Department- Office of Management & Budge Staff Contact Person/Phone 9: Ernie Coughlin X4315 AGENDA ITEM WORDING: A Public Hearing to consider approval of a resolution for a Budget Amendment of Fiscal Year 2011 Local Housing Assistance Fund 153. ITEM BACKGROUND To align the budget with revenues and expenditures for FYI I Mon -roe County SHIP Program. PREVIOUS RELEVANT BOCC ACTION: On March 16, 2011 the BOCC approved to advertise this budget amendment. On September 15, 2010 the BOCC adopted the FYI 1 Fund 153 Local Housing Assistance budget. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATIONS: Approval TOTAL COST: N/A COST TO COUNTY: N/A laffaffsjl1 ►�1 SOURCE OF FUNDS:N/A REVENUE PRODUCING: Yes No X AMOUNT PER MONTH Year �-k APPROVED BY: County Atty X OMB/Purchasing X Risk Management N/A DOCUMENTATION: Included X Not Required DISPOSITION: AGENDA ITEM # Revised 11/06 Resolution No. -2011 xRESOLUTION CONCERNING THE RECEIPT o*UNANTICIPATED FUNDS WHEREAS, umnecessary to conduct apublic hearing as required by section 129.03.Florida Statutes, mamend the Local Housing Assistance, Fund# 153 for the fiscal year beginning Octobe1.xo1o.and ending September uo.uu11.now therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA, that a Public Hearing was conducted on Ap/xo.xo11.atu:oop.m. toamend the Local Housing Assistance, punm*1sobudget and madopt onamended budget as follows: Fund153 Local Housing Assistance Current mc./(Dec.) Revised Budget Budget 153-361005G| Interest Earnings $0.00 $717.25 $717,25 153-389015GM Misu-SH|PMortgSatisfy $wlm $22,0ee13 $22,09e13 153-389001 Leson% FLatat -$25.078.00 Koo -$25.076.00 15+3ee002 Fund Balance Forward Total $476,436.00 $283.286.00 $759�22.00 Appropriations: 153 010060e 530492 SHIP Homeowner FYoeShelter $6e.667.00 -$08.087.00 MOO 153 010060e 5304e7 SHIP Homeowner FYUeMion $35,000.00 '$12.347.00 $22.85100 153 0100610 530192 Humeuwvo,Assistance Shelter $273.773.00 '$273.773.00 Koo 153 0100610 530496 Homebuva,Assistance Wastewater $0.00 $1.958.00 $1.e58o0 153 0100010 5304e7 HpmeburorAssistance mioc $0.00 $550,000.00 $oso.uooLUU 153 0100e0e 530*92 SHIP Fair HsgFYOeShelter $5,000.00 $0.00 $o.OUU�oo 153 0100810 5304e2 SHIP Fair Hug/CvunsenngFv1UShelter $5,000.00 $0.00 $o.oU000 153 0101109 5304e0 SHIP AdmmFYOeMioc $15.730.00 $0.00 $15.730,00 153 0101110 530490 SHIP *dminFY1UMisc $oa.uss�oo -$22.e19.00 $30.447�00 153 0100811 530492 SHIP Fair Hog/CounsenngFY11 Shelter $0.00 $5,000.00 $5.000,00 153 8552e0e 590e80 Reserves for Contingencies FYoe no.000�oo $0.00 $5,000.00 153 e552e0e 580991 Reserves -Cash Balance FYU8 $5,000.00 $0.00 $5.000.00 153 8552810 5e0e90 Reserves for Contingencies FY10 $5,000.00 $0.00 $5,000.00 153 8552810 590ee1 Reserves -Cash Balance rY10 $5,000.00 $0.00 $n.000�oo 153 8552811 5e0980 Reserves for Contingencies FY11 $0.00 $n.Voo�oo $o.UOUoo 153 e552811 5e09e1 Reserves -Cash Balance FY11 Total $*76.436.00 $283.286.00 $75e.722o0 $000 $0,88 $0�80 eEnFURTHER RESOLVED avSAID BOARD, that the Clerk msaid Board, upon receipt uf the above, /shereby authorized and directed to make necessary changes msaid items, amset forth above. PASSED AND ADOPTED by the Board of County Commissioners of Monroe County, Florida, at a regular meeting of said Board held nnthe umxday mApril, Aouo11 Mayor Carruthers Mayor Pro Tern Rice Cummiooiunervvigington Commisoiono,weugent Commissioner Murphy BOARD opCOUNTY COMMISSIONERS opmVweoeCOUNTY, FLORIDA By: Mayor/Chairman (Seal) Attest: oxwwYL.xoLHxes.Clerk 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 April 20, 2011 at the hour of 3:00 P.M. at the Harvey Government Center, 1200 Truman Ave, Key West, FL for the purpose of receiving any comments for the proposed supplemental Budget Amendment for the fiscal year beginning October 1, 2010, and ending September 30, 2011 for the Local Housing Assistance Fund 153. Local Housing Assistance - Fund 153 Current Ine.l(Dec.) Revised Revenues: Budget Budget 153-361005GI Interest Earnings $0.00 $717.25 $717.25 153-369015GM Misc-SHIP Mortg Satisfy $0,00 $22,099.13 $22,099.13 153-389001 Less 5% FL Statute -$25,076.00 $0.00 -$25,076.00 153-389002 Fund Balance Forward $501,512.00 $260,469.62 $761,981.62 Total $476,436.00 $283,286.00 $759,722.00 Appropriations: 153 0100609 530492 SHIP Homeowner FY09 Shelter $68,667.00 -$68,667.00 $0.00 153 0100609 530497 SHIP Homeowner FY09 Misc $351.000.00 -$12,347.00 $22,653.00 153 0100610 530492 Homebuyer Assistance Shelter $2731.773.00 -$273,773.00 $0.00 153 0100610 530496 Homebuyer Assistance Wastewater $0.00 $1,958.00 $1,958.00 153 0100610 530497 Homebuyer Assistance Misc $0.00 $550,000.00 $550.000.00 153 0100809 530492 SHIP Fair Hsg FY09 Shelter $5,000.00 $0.00 $51,000.00 153 0100810 530492 SHIP Fair Hsg/Counseling FY10 Shelter $5,000.00 $0.00 $5,000.00 153 0101109 530490 SHIP Admin FY09 Misc $151,730.00 $0.00 $15,730.00 153 0101110 530490 SHIP Admin FYI Misc $53,266.00 -$22,819.00 $30,447.00 153 0100811 530492 S111P Fair HsglCounscling FYI I Shelter $0.00 $5,000.00 $5.000.00 153 8552809 590990 Reserves for Contingencies FY09 $5,000.00 $0.00 $5.000.00 153 8552809 590991 Reserves -Cash Balance FY09 $5,000.00 $0.00 $5,000,00 153 8552810 590990 Reserves for Contingencies FYI $5,000.00 $0.00 $5,000.00 153 8552810 590991 Reserves -Cash Balance FYI $5,000.00 $0.00 $51.000.00 153 8552811 590990 Reserves for Contingencies FYI $0.00 $5,000.00 $5,000.00 153 8552811 590991 Reserves -Cash Balance FYI 1 $0.00 '98 934.00 $98934.00 Total $476,436.00 $283,286.00 $759,722.00 $0.00 $0.00 $0.00 April 18, 2011 Bdgt Amend Adv Fund 153 1 Marie Brouillette From: Cheryl Morgan [cmorgan@monroe-clerk.com) Sent: Tuesday, February 22, 2011 10:14 AM To: Marie Brouillette Cc: 'Laura DeLoach-Hartle' Subject: RE: Fund 153 Trial Balance Sorry took so long to get back with you, I was on vacation for a couple days. As of right now the cash balance in fund 153 is $759,721.90 Yes this does included the expenses paid on 2/2/11 and the redeposit of a voided check in the amount of $19,687.50 &w*,4. N44"a. Chief Accountant Clerk of the Circuit Court Monroe County, FL 305.295.3649 phone 305.295.3660 fax From: Marie Brouillette rmailto-.BrouilletteMOkwha.-o-r_cd Sent: Thursday, February 17, 20114:37 PM To: Cheryl Morgan Subject; Fund 153 Trial Balance Hi Cheryl, could you please run a trial balance for fund 153 SHIP and let me know exactly how much money I have in the SHIP bank account? I am coming up with $755,769.90 — does this balance reflect the expenses that were posted on February 2, 2011 in the amount of $4,025.59? Thanks, Marie 1 (1) 10 10 Ul 04 ol J SgQLL if ko 29 go D 0 0 C) 000 MONROE COUNTY STATE HOUSING INITIATIVE PARTNERSHIP PROGRAM 2011 FUND BALANCE ANALYSIS February 28, 2011 Administration Encumbered Disaster Mitigation Wastwater Availabie for distribution Reserves 22,653 1,958 550,000 137,945 759,722 i C O N Q> Q) 01 C G m ^�, C C C O r m m Je CCL ti O O O O o a a o rn Os: , 0 a a � � 0 0 CN e— O CL yfA N m N10 s c L o 0 m va L c = v � U. T O Q co CL ,a a 30a $ m � tj -- c c cZD o C 0a ,, o� r cj > 4Z a L p O � vcro _ N N co O a ,. l° 0 � a co cc CD 0o o++ o o oE 01 cD cD Ln (n cD cD " " " 0 cD N 1--i cD cD to to to c- 0 0 to w w w 0 Ln Ln to I I Lc) D cl) Ei 14 0 cD to cl) 0 0 CO CO CO E,O 0 N -1 0 cD ff) m m 0 C-- 0 00 00 00 El W N N N Q�xW N clq cq cli �14 m OOOCDCDO 0 0 0 W CDOOOOO CD 0 0 m 000000 0 0 0 QEI 000000 0 0 0 Oa . . . . 0 P4 W P, Qs PO Q Ps a 4 U) 0 �D Q E, E cD cD o o o o o o CD o o cD cD 0 0 o cD o 0 �D > 0 Lc) 0 N cD oll 1 to cv 0 H P: P 0 U Q Q P4 < FC�Wcxnpl, c�. 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