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Item D1M C ounty of f Monroe ELj » °o � BOARD OF COUNTY COMMISSIONERS /� r i � �� Mayor George Neugent, District 2 The Florida. Ke Se y I Mayor Pro Tern David Rice, District 4 Danny L. Kolhage, District I Heather Carruthers, District 3 Sylvia J. Murphy, District 5 County Commission Meeting September 5, 2017 Agenda Item Number: D.1 Agenda Item Summary #3310 BULK ITEM: No DEPARTMENT: Land Authority Governing Board TIME APPROXIMATE: STAFF CONTACT: Charles Pattison (305) 295 -5180 5:05PM Land Authority AGENDA ITEM WORDING: Public Hearing and approval of a resolution adopting the Tentative Budget for fiscal year 2018. ITEM BACKGROUND: Since last reviewed by the Board on July 25, 2017, no changes have been made to the proposed budget. PREVIOUS RELEVANT BOCC ACTION: The Board reviewed the budget on July 25, 2017. CONTRACT /AGREEMENT CHANGES: N/A STAFF RECOMMENDATION: Approval DOCUMENTATION: Tentative Budget FYI FINANCIAL IMPACT: Effective Date: Expiration Date: Total Dollar Value of Contract: Total Cost to County: Current Year Portion: Budgeted: Source of Funds: CPI: Indirect Costs: Estimated Ongoing Costs Not Included in above dollar amounts: Revenue Producing: Grant: County Match: Insurance Required: Additional Details: If yes, amount: REVIEWED BY: Charles Pattison Completed 08/24/2017 9:34 AM Kathy Peters Completed 08/24/2017 9:37 AM Board of County Commissioners Pending 09/05/2017 5:05 PM RESOLUTION NO. A RESOLUTION OF THE MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY ADOPTING A TENTATIVE BUDGET FOR FISCAL YEAR 2018. 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, 2017 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 2018; NOW, THEREFORE, BE IT RESOLVED BY THE MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY that the Budget of $14,214,326 in Attachment A be adopted as the Tentative Budget for Fiscal Year 2018 and is hereby adopted. PASSED AND ADOPTED by the Monroe County Comprehensive Plan Land Authority at a meeting on this 5th day of September 2017. Commissioner Heather Carruthers Vice Chairman Danny Kolhage Commissioner Sylvia Murphy Mayor George Neugent Chairman David Rice (Seal) ATTEST: Charles Pattison Executive Director Approved as to form and legality: MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY David P. Rice Chairman Adele V. Stones, Esquire ATTACHMENT A MONROE COUNTY LAND AUTHORITY FY 2018 BUDGET Total Revenues 14,214,326 Appropriations: Budget Salaries, Benefits, and Operating Expenses FY 2018 Revenues: Intergovernmental 10,000 TIMP - Key West ACSC 2,090,000 TIMP /Park Surcharge - FL Keys ACSC 2,160,000 TIMP /Park Surcharge - Administration 250,000 Fund Balance Forward TIMP - Key West ACSC 2,077,131 TIMP /Park Surcharge - FL Keys ACSC 1,208,375 Assigned /Unassigned 7,126,942 Miscellaneous Interest Income 50,000 Less 5% (748,122) Total Revenues 14,214,326 Appropriations: Salaries, Benefits, and Operating Expenses 577,968 Capital Outlay Office Equipment 10,000 Property in FL Keys ACSC 3,609,354 Property in Key West ACSC 4,167,131 ROGO Reserve 4,849,873 Grants and Aid Property in FL Keys ACSC 0 Property in Key West ACSC 0 Reserves Contingency 500,000 End of Year Cash 500,000 Total Appropriations 14,214,326