Item G1 LAND AUTHORITY GOVERNING BOARD
AGENDA ITEM SUMMARY
Meeting Date: September 7, 2011 Division: Land Authority
Bulk Item: Yes _ No X Staff Contact / Phone #: Mark Rosch / 295 -5180
Agenda Item Wording: A public hearing to consider a resolution adopting the Tentative Budget for
fiscal year 2012.
Item Background: The tentative budget proposed for adoption was reviewed by the Board on July 21,
2011 and appears in Tab Z of the BOCC budget notebook. The September 7, 2011 meeting is the first
in a series of three public meetings leading up to the adoption of the final budget on September 15,
2011.
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 X County Land Steward _
Documentation: Included: X To Follow: Not Required: _
Disposition: Agenda Item • j
RESOLUTION NO.
A RESOLUTION OF THE MONROE COUNTY
COMPREHENSIVE PLAN LAND AUTHORITY ADOPTING
A TENTATIVE BUDGET FOR FISCAL YEAR 2012.
WHEREAS, the Monroe County Comprehensive Plan Land Authority, a land authority
pursuant to section 380.0663, Florida Statutes, held a public hearing on September 7,
2011 after 5:00 PM at the Nelson Government Center on Key Largo in Monroe County,
Florida, to amend and adopt a Tentative Budget for Fiscal Year 2012; NOW,
THEREFORE,
BE IT RESOLVED BY THE MONROE COUNTY COMPREHENSIVE PLAN LAND
AUTHORITY that the Budget of $12,583,164 in Attachment A be adopted as the
Tentative Budget for Fiscal Year 2012 and is hereby adopted.
PASSED AND ADOPTED by the Monroe County Comprehensive Plan Land Authority
at a meeting on this 7th day of September 2011.
Chairman Kim Wigington
Vice Chairman Heather Carruthers
Commissioner Sylvia Murphy
Commissioner George Neugent
Commissioner David Rice
(Seal)
ATTEST: MONROE COUNTY COMPREHENSIVE
PLAN LAND AUTHORITY
Mark J. Rosch Kim Wigington
Executive Director Chairman
Approved for Legal Sufficiency
Larry R. Erskine
ATTACHMENT A
MONROE COUNTY LAND AUTHORITY
FY 2012 BUDGET
Budget
FY 2012
Revenues:
Intergovernmental
Property Acquisition in Key West ACSC 1,140,000
Property Acquisition in FL Keys ACSC 1,113,500
Administration 136,500
Cash Carry Forward
Property Acquisition in Key West ACSC 2,053,208
Property Acquisition in FL Keys ACSC 1,566,315
Unreserved 7,195,913
Miscellaneous
Interest Income 40,000
Sale of Land 0
Donation 0
Miscellaneous 0
Mortgage Receivable 0
Less 5% (662,272)
Total Revenues 12,583,164
Appropriations:
Salaries and Benefits 236,000
Operating Expenses 121,500
Capital Outlay
Office Equipment 10,000
Property in FL Keys ACSC 4,575,352
Property in Key West ACSC 3,193,208
ROGO Reserve 3,447,104
Grants and Aid (Mortgages)
Property in FL Keys ACSC 0
Property in Key West ACSC 0
Reserves
Contingency 500,000
End of Year Cash 500,000
Total Appropriations 12,583,164