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Item Q55 CM ounty of onroe BOARD OF COUNTY COMMISSIONERS  Mayor Heather Carruthers, District 3 Mayor Pro Tem George Neugent, District 2 TheFloridaKeys Danny L. Kolhage, District 1 David Rice, District 4 Sylvia J. Murphy, District 5 County Commission Meeting August 17, 2016 Agenda Item Number: Q.5  Agenda Item Summary #1929 BULK ITEM: DEPARTMENT: No Budget and Finance TIME APPROXIMATE:STAFF CONTACT: Christina Brickell (305) 292-4466 3:00PM AGENDA ITEM WORDING: A Public Hearing to consider approval of a resolution for Budget Amendments for Fiscal Year 2016 for the Big Coppitt Wastewater Project, Fund 310; Duck Key Wastewater Project, Fund 311; and Card Sound Bridge, Fund 401. ITEM BACKGROUND: To align the budgets with revenues and expenditures of on-going Capital Improvement Projects (Fund 310 and 311) and grant match (Fund 401). PREVIOUS RELEVANT BOCC ACTION: On July 20, 2016, the Board Approved to advertise a public hearing for the budget amendments for Fund 310, 311 and 401. On September 11, 2015, the BOCC adopted the FY2016 Operating and Capital Budget. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATION: Approval. DOCUMENTATION: Bdgt Amendment Reso Fund 310, 311, 401 Bdgt Amend AD Fund 310, 311, 401 FINANCIAL IMPACT: Effective Date: Expiration Date: Total Dollar Value of Contract: Total Cost to County: Current Year Portion: Budgeted: 4EGOIX4K 5 Source of Funds: CPI: Indirect Costs: Estimated Ongoing Costs Not Included in above dollar amounts: Revenue Producing: If yes, amount: Grant: County Match : Insurance Required: Additional Details: REVIEWED BY: Tina Boan Completed 08/02/2016 7:10 PM Christine Limbert Completed 08/03/2016 9:37 AM Kathy Peters Completed 08/03/2016 9:44 AM Board of County Commissioners Pending 08/17/2016 9:00 AM 4EGOIX4K 5E Resolution No. __________-2016 A RESOLUTION CONCERNING THE RECEIPT OF UNANTICIPATED FUNDS WHEREAS, it is necessary to conduct a public hearing as required by section 129.06, Florida Statutes, to amend the following: Big Coppitt Wastewater Project Fund 310, Duck Key Wastewater Project Fund 311, and Card Sound Bridge Fund 401 for the fiscal year beginning October 1, 2015 and ending September 30, 2016, now therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA, that a Public Hearing was conducted on August 17, 2016 at 3:00 P.M. to amend Big Coppitt Wastewater Project Fund 310, Duck Key Wastewater Project Fund 311, and Card Sound Bridge Fund 401 budget and to adopt the amended budgets as follows: Big Coppitt Wastewater Project - Fund 310Current Inc./(Dec.)Revised Revenues:BudgetBudget 310325100GMSpecial Assessment-CAP$475,000.00$0.00$475,000.00 310361005GIInterest Earnings$10,000.00$0.00$10,000.00 310389001Less 5%($24,250.00)$0.00($24,250.00) 310389002Fund Balance Forward$294,750.00$2,000,000.00$2,294,750.00 Total$755,500.00$2,000,000.00$2,755,500.00 Appropriations: 31054503590996BC Special Assessment Refund$5,000.00$0.00$5,000.00 310550115****Big Coppitt Special Assessments$750,500.00$0.00$750,500.00 31086569590304Budget Transfers 310$0.00$2,000,000.00$2,000,000.00 Total$755,500.00$2,000,000.00$2,755,500.00 $0.00$0.00$0.00 Duck Key Wastewater Project - Fund 311Current Inc./(Dec.)Revised Revenues:BudgetBudget 311325100GMSpecial Assessments-CAP$31,500.00$0.00$31,500.00 311361005GIInterest Earnings$3,500.00$0.00$3,500.00 311389001Less 5%($1,751.00)$0.00($1,751.00) 311389002Fund Balance Forward$636,609.00$2,500,000.00$3,136,609.00 Total$669,858.00$2,500,000.00$3,169,858.00 Appropriations: 31154504590996Refund Special Assessments Tax$5,000.00$0.00$5,000.00 311550125****Duck Key Special Assesments$495,584.00$0.00$495,584.00 31185567590990Reserves 311$63,576.00$0.00$63,576.00 31185567590991Reserves 311$105,698.00$0.00$105,698.00 31186570590304Budget Transfers 311$0.00$2,500,000.00$2,500,000.00 Total$669,858.00$2,500,000.00$3,169,858.00 $0.00$0.00$0.00 Card Sound Bridge - Fund 401Current Inc./(Dec.)Revised Revenues:BudgetBudget 401344600SBServices-Transportation-Tolls$1,010,000.00$0.00$1,010,000.00 Interest Earning15,000.000.0015,000.00 401361005G Is$$$ 401389001Less 5%($51,250.00)$0.00($51,250.00) 401389002Fund Balance Forward$1,255,022.00$866,531.00$2,121,553.00 Total$2,228,772.00$866,531.00$3,095,303.00 Appropriations: 401220035****County Engineer CSB$74,998.00$0.00$74,998.00 401225025****Card Sound Road$1,635,705.00$0.00$1,635,705.00 40185534590990Reserves 401$145,891.00$150,000.00$295,891.00 40185534590991Reserves 401$222,485.00$0.00$222,485.00 40186503590910Budget Transfers 401$149,693.00$0.00$149,693.00 40186503590125Budget Transfers 401$0.00$716,531.00$716,531.00 Total$2,228,772.00$866,531.00$3,095,303.00 $0.00$0.00$0.00 &YHKIX%QIRHQIRX6IWS*YRH 4EGOIX4K 5E BE IT FURTHER RESOLVED BY SAID BOARD, that the Clerk of said Board, upon receipt of the above, is hereby authorized and directed to make necessary changes of said items, as set forth above. PASSED AND ADOPTED by the Board of County Commissioners of Monroe County, Florida, at a regular meeting of the Board on the 17th day of August, AD 2016. Mayor Carruthers_____ Mayor Pro Tem Neugent_____ Commissioner Kolhage_____ Commissioner Rice_____ Commissioner Murphy_____ BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA By: ______________________________ (Seal) Attest: AMY HEAVILIN, Clerk _________________________________ &YHKIX%QIRHQIRX6IWS*YRH 4EGOIX4K 5F NOTICE OF SUPPLEMENTAL BUDGET HEARING Pursuant to the provisions of Section 129.06, Florida Statutes, notice is hereby given that a Public Hearing will be held by the Board of County Commissioners of Monroe County, Florida, on August 17, 2016 at the hour of 3:00 P.M. at the Harvey Government Center, 1200 Truman Avenue, Key West, FL for the purpose of receiving any comments for the proposed supplemental Budget Amendment for the fiscal year beginning October 1, 2015, and ending September 30, 2016 for Big Coppitt Wastewater Project Fund 310, Duck Key Wastewater Project Fund 311, and Card Sound Brige Fund 401. Big Coppitt Wastewater Project - Fund 310Current Inc./(Dec.)Revised Revenues:BudgetBudget 310325100GMSpecial Assessments-CAP$475,000.00$0.00$475,000.00 310361005GIInterest Earnings$10,000.00$0.00$10,000.00 310389001Less 5%($24,250.00)$0.00($24,250.00) 310389002Fund Balance Forward$294,750.00$2,000,000.00$2,294,750.00 Total$755,500.00$2,000,000.00$2,755,500.00 Appropriations: 31054503590996BC Special Assessment Refund$5,000.00$0.00$5,000.00 310550115****Big Coppitt Special Assessments$750,500.00$0.00$750,500.00 31086569590304Budget Transfers 310$0.00$2,000,000.00$2,000,000.00 Total$755,500.00$2,000,000.00$2,755,500.00 $0.00$0.00$0.00 Duck Key Wastewater Project - Fund 311Current Inc./(Dec.)Revised Revenues:BudgetBudget 311325100GMSpecial Assessments-CAP$31,500.00$0.00$31,500.00 311361005GIInterest Earnings$3,500.00$0.00$3,500.00 311389001Less 5%($1,751.00)$0.00($1,751.00) 311389002Fund Balance Forward$636,609.00$2,500,000.00$3,136,609.00 Total$669,858.00$2,500,000.00$3,169,858.00 Appropriations: 31154504590996Refund Special Assessments Tax$5,000.00$0.00$5,000.00 311550125****Duck Key Special Assesments$495,584.00$0.00$495,584.00 31185567590990Reserves 311$63,576.00$0.00$63,576.00 31185567590991Reserves 311$105,698.00$0.00$105,698.00 31186570590304Budget Transfers 311$0.00$2,500,000.00$2,500,000.00 Total$669,858.00$2,500,000.00$3,169,858.00 $0.00$0.00$0.00  4EGOIX4K 5F Card Sound Bridge - Fund 401Current Inc./(Dec.)Revised Revenues:BudgetBudget 401344600SBServices-Transportation-Tolls$1,010,000.00$0.00$1,010,000.00 401361005GIInterest Earnings$15,000.00$0.00$15,000.00 401389001Less 5%($51,250.00)$0.00($51,250.00) 401389002Fund Balance Forward$1,255,022.00$866,531.00$2,121,553.00 Total$2,228,772.00$866,531.00$3,095,303.00 Appropriations: 401220035****County Engineer CSB$74,998.00$0.00$74,998.00 401225025****Card Sound Road$1,635,705.00$0.00$1,635,705.00 40185534590990Reserves 401$145,891.00$150,000.00$295,891.00 40185534590991Reserves 401$222,485.00$0.00$222,485.00 40186503590910Budget Transfers 401$149,693.00$0.00$149,693.00 40186503590125Budget Transfers 401$0.00$716,531.00$716,531.00 Total$2,228,772.00$866,531.00$3,095,303.00 $0.00$0.00$0.00  4EGOIX4K