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Item C1M 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 27, 2017 Agenda Item Number: C.1 Agenda Item Summary #3311 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 Final 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: Final Budget FYI 8 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 9:36 AM Kathy Peters Completed 08/24/2017 9:39 AM Board of County Commissioners Pending 09/27/2017 5:05 PM RESOLUTION NO. A RESOLUTION OF THE MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY ADOPTING A FINAL BUDGET FOR FISCAL YEAR 2018. WHEREAS, the Monroe County Comprehensive Plan Land Authority (hereinafter "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, Monroe County, Florida, to amend and adopt a Tentative Budget for Fiscal Year 2018; and WHEREAS, the Land Authority held a final public hearing on the proposed budget on September 11, 2017 after 5:00 PM at the Harvey Government Center in Key West, Monroe County, Florida to amend and adopt a Final 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 Final 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 11 th day of September 2017. Commissioner Heather Carruthers Vice Chairman Danny Kolhage Commissioner Sylvia Murphy Mayor George Neugent Chairman David Rice (Seal) ATTEST: MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY Charles Pattison Executive Director Approved as to form and legality: 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