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Resolution 117-2003 Board of County Commissioners RESOLUTION NO. 117 -2003 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA, OPPOSING THE PORTION OF GOVERNOR BUSH'S PROPOSED FISCAL YEAR 2003-2004 BUDGET THAT ELIMINATES THE STATE HOUSING TRUST FUND AND THE LOCAL GOVERNMENT HOUSING TRUST FUND AS DEDICATED FUNDING SOURCES, AND REDUCES BY APPROXIMATELY $94.5 MILLION THE FUNDS AVAILABLE FOR AFFORDABLE HOUSING PROGRAMS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, Monroe County has an obligation to protect the health, safety and welfare of the general public, including the housing needs of its current and anticipated populations; and WHEREAS, housing assistance for lower income families is dependent upon sufficient housing assistance from federal and state funding programs; and WHEREAS, Governor Bush has released his proposed Fiscal Year 2003-2004 Budget that eliminates the State Housing Trust Fund (providing the majority of the funds for programs such as the State Apartment Incentive Loan [SAIL]) and the Local Government Housing Trust Fund (providing the majority of the funds for programs such as the State Housing Partnership Initiative Program [SHIP]) as dedicated funding sources, and reduces by approximately $94.5 million the funds available for these and other affordable housing programs; and WHEREAS, appropriations for housing programs are proposed from general revenue at approximately $94.5 million less than the amount that would be available from the dedicated revenue in the trust funds; and WHEREAS, under the proposed budget SHIP would lose approximately $62.7 million and the state programs (SAIL and others) would lose approximately $31.8 million; and WHEREAS, the Governor's proposal, if approved by the Legislature, will result in the elimination of the dedicated revenue source for affordable housing; and WHEREAS, the William E. Sadowski Affordable Housing Act of 1992 deliberately used the documentary stamp tax as its revenue source because of its nexus with the development of affordable housing and because the source of funding needed to be a growth vehicle to keep pace with escalating land and housing costs; and WHEREAS, without a trust fund that can rely on a dedicated revenue source, housing funding will be uncertain and will likely remain stagnant or decrease; and WHEREAS, the trust funds should not be eliminated or reduced, because they serve first time homebuyers, working families, the elderly, persons with disabilities, and the homeless, which, in turn, stimulates the economy; and WHEREAS, over 700,000 of Florida's low income families are in immediate need of affordable housing (paying over 50% of their total household income for shelter), establishing that Florida needs more affordable housing funding, not less funds from an uncertain source; and WHEREAS, the estimated loss in SHIP funding for FY 2003-2004 to Monroe County is $321,405; now, therefore BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA: Section 1. That the foregoing clauses are ratified and confirmed as being true and correct and are made a specific part of this Resolution. Section 2. That the BOCC of Monroe County opposes the portion of Governor Bush's proposed Fiscal Year 2003-2004 Budget that eliminates the State and local Government Housing Trust Funds as dedicated funding sources, and reduces by approximately $94.5 million the funds available for these and other affordable housing programs. Section 3. That the BOCC of Monroe County urges the Governor and the Sate legislators to retain the State and local Housing Trust Funds and appropriate funding at their full current levels. Section 4. That the County Clerk is directed to send certified copies of this Resolution to Governor Jeb Bush, State Senator larcenia J. Bullard, and State Representative Ken Sorensen. Section 5. That this Resolution shall take effect immediately upon adoption hereof. PASSED AND ADOPTED by the Board of County Commissioners of Monroe County, Florida, at a regular meeting of said Board held on the 19th day of March, 2003. Mayor Spehar Mayor Pro Tem Nelson /"-."~.."..'" S!.io.....n. er McCoy , . ...... '1:C . ~.. . ner Neugent . :1', . s' ,~er Rice " f.' ~":'l:<' .(~E .... _ t (, ,! ~tt~~~~~~ 0:'; '~~>' OlHAGE, Clerk ~,\:~.. ~ ....,.'.~...... ~ ,,~~~ , :~-~:j? By y"'''' yes yes yes yes BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA By ~~ >n ~k; Mayor/ChailJ?erson ~,~ 2) c~ ~ z :t' > :;0 ,) :;.~ -0 0,- ::::0 rrt;::lC'" r:.' I Ot:' W c::;:O:::; z. C J> --I l :< ~ ::c ::x ,,';r.. => r G:. )> r: ; 1'..) ill .." r fTI o .." a ;;::0 ::::0 r'l n r---. '--' jresHousingBush ?J CJ