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Item Q35 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 May 18, 2016 Agenda Item Number: Q.3  Agenda Item Summary #1626 BULK ITEM: DEPARTMENT: No Budget and Finance TIME APPROXIMATE:STAFF CONTACT: Christina Brickell (305) 292-4466 3:00 P.M. PUBLIC HEARING AGENDA ITEM WORDING: A Public Hearing to consider approval of a resolution for a Budget Amendment of Fiscal Year 2016 Impact Fees Employee Fair Share Housing Fund 136. ITEM BACKGROUND: hearing for a budget amendment for Fund 136. On September 11, 2015, the BOCC adopted the FY2016 Operating and Capital Budget. PREVIOUS RELEVANT BOCC ACTION: On March 23, 2016 the BOCC approved to transfer $571,364 to offset the cost of permitting waived by the BOCC into Fund 180 for development of new affordable housing. The budget amendment is needed to bring in the remaining fund balance to make the transfer. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATION: Approval. DOCUMENTATION: Fund 136 Budget Amendment Reso Budget Amendment Back-up Fund 136 FINANCIAL IMPACT: Effective Date: Expiration Date: Total Dollar Value of Contract: N/A Total Cost to County: N/A Current Year Portion: 4EGOIX4K 5 Budgeted: Source of Funds: Fund Balance CPI: Indirect Costs: Estimated Ongoing Costs Not Included in above dollar amounts: Revenue Producing: If yes, amount: No Grant: County Match : Insurance Required: Additional Details: REVIEWED BY: Tina Boan Completed 04/27/2016 1:22 PM Christine Limbert Completed 04/28/2016 12:18 PM Kathy Peters Completed 04/28/2016 1:52 PM Board of County Commissioners Pending 05/18/2016 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: Employee Fair Share Housing Fund 136, 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 May 18, 2016 at 3:00 P.M. to amend Employee Fair Share Housing Fund 136 budget and to adopt the amended budgets as follows: Employee Fair Share HousingCurrent Inc./(Dec.)Revised Revenues:BudgetBudget 136324413SEMisc.-Impact Fee-District 3 Emp Fair $5,000.00$0.00$5,000.00 136361001GIInterest- District 1$300.00$0.00$300.00 136361005GIInterest Earnings$1,400.00$0.00$1,400.00 136389001Less 5%($335.00)$0.00($335.00) 136389002Fund Balance Forward$360,247.00$211,117.00$571,364.00 Total$366,612.00$211,117.00$577,729.00 Appropriations: 13636351530340District 1 Employee Fair Share Housin$155,000.00($155,000.00)$0.00 13636353530340District 3 Employee Fair Share Housin$145,000.00($145,000.00)$0.00 13685563590990Reserves 136$18,952.00($12,587.00)$6,365.00 13685563590991Reserves 136$47,660.00($47,660.00)$0.00 13686568590180Budget Transfers 136$0.00$571,364.00$571,364.00 Total$366,612.00$211,117.00$577,729.00 $0.00$0.00$0.00 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 18th day of May, 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 _________________________________ 1 4EGOIX4K 5F NOTICE OF SUPPLEMENTAL BUDGET HEARING PursuanttotheprovisionsofSection 129.0, Florida Statutes, notice is herebygiven that aPublic Hearing willbeheld by theBoard of County Commissioners ofMonroe County, Florida, on May 18, 2016 at thehourof3:00 P.M. at theHarvey Government Center, 1200 Truman Avenue, Key West, FL for thepurpose ofreceiving anycomments for theproposed supplemental Budget Amendment for thefiscal year beginning October 1, 2015, and ending September 30, 2016 for Employee Fair Share Housing Fund 136. Employee Fair Share HousingCurrent Inc./(Dec.)Revised Revenues:BudgetBudget 136324413SEMisc.-Impact Fee-District 3 Emp Fair $5,000.00$0.00$5,000.00 136361001GIInterest- District 1$300.00$0.00$300.00 136361005GIInterest Earnings$1,400.00$0.00$1,400.00 136389001Less 5%($335.00)$0.00($335.00) 136389002Fund Balance Forward$360,247.00$211,117.00$571,364.00 Total$366,612.00$211,117.00$577,729.00 Appropriations: 13636351530340District 1 Employee Fair Share Housing$155,000.00($155,000.00)$0.00 13636353530340District 3 Employee Fair Share Housing$145,000.00($145,000.00)$0.00 13685563590990Reserves 136$18,952.00($12,587.00)$6,365.00 13685563590991Reserves 136$47,660.00($47,660.00)$0.00 13686568590180Budget Transfers 136$0.00$571,364.00$571,364.00 Total$366,612.00$211,117.00$577,729.00 $0.00$0.00$0.00 1 4EGOIX4K 5F 4EGOIX4K 5F 4EGOIX4K 5F 4EGOIX4K 5F 4EGOIX4K 5F 4EGOIX4K 5F 4EGOIX4K 5F 4EGOIX4K 5F 4EGOIX4K 5F 4EGOIX4K 5F 4EGOIX4K 5F 4EGOIX4K