Item G LAND AUTHORITY GOVERNING BOARD
AGENDA ITEM SUMMARY
Meeting Date- _September 5 2012 Division- Land Authority
Bulk Item: Yes No-X Staff Contact I Phone#: Mark Dosch /295-5180
Agenda Item Wording: Approval of a resolution adopting the Tentative Budget for fiscal year 2011
Item—Background: The proposed budget was reviewed by the Board on July 26, 2012, The budget
adoption schedule consists of three public meetings: adopting the tentative budget on September 5,
2012; discussing the budget on September 10, 2012; and adopting the final budget on September, 13,
2012.
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: m Source of Funds:
Approved By: Attorney. X County Land Steward —.
Documentation: IncIuded- -.X To Follow. Not Required,
Disposition: Agenda Item
RESOLUTION NO.
A RESOLUTION OF THE MONROE COUNTY
COMPREHENSIVE PLAN LAND AUTHORITY ADOPTING
A TENTATIVE BUDGET FOR FISCAL YEAR 2013.
WHEREAS, the Monroe County Comprehensive Plan Land Authority, a land authority
pursuant to section 380.0663, Florida Statutes, held a public hearing on September 5,
2012 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 2013; NOW,
THEREFORE,
BE IT RESOLVED BY THE MONROE COUNTY COMPREHENSIVE PLAN LAND
AUTHORITY that the Budget of $14,860,746 in Attachment A be adopted as the
Tentative Budget for Fiscal Year 2013 and is hereby adopted.
PASSED AND ADOPTED by the Monroe County Comprehensive Plan Land Authority
at a meeting on this 5th day of September 2012.
Chairman Kim Wigington
Vice Chairman Heather Carruthers
Commissioner Sylvia Murphy
Commissioner George Neugent
Mayor David Rice
(Seal)
ATTEST: MONROE COUNTY COMPREHENSIVE
PLAN LAND AUTHORITY
Mark J. Rosch Kim Wigington
Executive Director Chairman
Approved as to form and legality:
Larry R. Erskine
ATTACHMENT A
MONROE COUNTY LAND AUTHORITY
FY 2013 BUDGET
Budget
FY 2013
Revenues:
Intergovernmental
Property Acquisition in Key West ACSC 1,235,000
Property Acquisition in FL Keys ACSC 1,161,000
Administration 144,000
Cash Carry Forward
Property Acquisition in Key West ACSC 4,312,745
Property Acquisition in FL Keys ACSC 1,576,038
Unreserved 7,174,108
Miscellaneous
Interest Income 40,000
Sale of Land 0
Donation 0
Miscellaneous 0
Mortgage Receivable 0
Less 5% (782,145)
Total Revenues 14,860,746
Appropriations:
Salaries and Benefits 236,000
Operating Expenses 121,500
Capital Outlay
Office Equipment 10,000
Property in FL Keys ACSC 4,095,737
Property in Key West ACSC 5,342,745
ROGO Reserve 3,849,764
Grants and Aid (Mortgages)
Property in FL Keys ACSC 0
Property in Key West ACSC 205,000
Reserves
Contingency 500,000
End of Year Cash 500,000
Total Appropriations 14,860,746