Item S3County of Monroe
<r
BOARD OF COUNTY COMMISSIONERS
�
Mayor David Rice, District 4
IleOI1da Keys
��x
t t 0.
Mayor Pro Tem Sylvia J. Murphy, District 5
Danny L. Kolhage, District I
P f,<
George Neugent, District 2
a
Heather Carruthers, District 3
County Commission Meeting
March 21, 2018
Agenda Item Number: S.3
Agenda Item Summary #3972
BULK ITEM: No DEPARTMENT: Budget and Finance
TIME APPROXIMATE: STAFF CONTACT: Melissa Wilson
3:00 P.M. PUBLIC HEARING
AGENDA ITEM WORDING: A Public Hearing to consider approval of a resolution for Budget
Amendments for Fiscal Year 2018 for the One Cent Infrastructure Sales Tax, Fund 304; 2007
Revenue Bond, Fund 308; Big Coppitt Wastewater Project, Fund 310; 2014 Revenue Bond, Fund
314; and Stock Island MSTU, Fund 171
ITEM BACKGROUND: To align the budgets with revenues and expenditures of ongoing Capital
Improvement Projects in Funds 304, 308, 310, 314, and 171.
PREVIOUS RELEVANT BOCC ACTION: On November 14, 2017, the BOCC approved to
advertise a public hearing for the budget amendments for various funds. On September 27, 2017, the
BOCC adopted the FY2018 Operating and Capital Budget.
CONTRACT /AGREEMENT CHANGES:
N/A
STAFF RECOMMENDATION: Approval
DOCUMENTATION:
Bdgt Amendment Reso Fund 304, 308, 310, 314, 171
FINANCIAL IMPACT:
Effective Date:
Expiration Date:
Total Dollar Value of Contract:
Total Cost to County:
Current Year Portion:
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:
Tina Boan
Kathy Peters
Board of County Commissioners
Completed
Completed
Pending
03/06/2018 4:59 PM
03/06/2018 5:01 PM
03/21/2018 9:00 AM
Resolution No. -2018
A RESOLUTION CONCERNING THE RECEIPT OF UNANTICIPATED FUNDS
WHEREAS, it is necessary to conduct a public heating as required by section 129.03, Florida Statutes, to amend the following:
One Cent Infrastructure Surtax Fund 304, 2007 Revenue Bond Fund 308, Big Coppitt Waste Water Project Fund 310,
2014 Revenue Bond Fund 314, Stock Island Wastewater Fund 171, for the fiscal year beginning October 1, 2017
and ending September 30, 2018, now therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA, that a Public Heating
was conducted on March 21, at 3:00 P.M. to amend One Cent Infrastructure Surtax Fund 304, 2007 Revenue Bond Fund 308,
Big Coppitt Waste Water Project Fund 310, 2014 Revenue Bond Fund 314, Stock Island Wastewater Fund 171, and to adopt
the amended budgets as follows:
One Cent Infrastructure Surtax
22004
Current
Inc. /(Dec.)
Revised
Revenues:
$1,494,715.00
Budget
22022
Budget
304- 31260OGN
Discretionary Sales Tax
$ 21,500,000.00
$0.00
$ 21,500,000.00
304- 361005GI
Interest Earnings
$50,000.00
$0.00
$50,000.00
304 - 389001
Less 5% FL Statute
- $1,077,500.00
$0.00
- $1,077,500.00
304 - 389002
Fund Balance Forward
$11,369,622.00
$2,630,378.00
$14,000,000.00
560630
Physical Environment
Total $31,842,122.00
$2,630,378.00
$34,472,500.00
Appropriations
304
22004
510 ** *,530 * * *, 560 * **
County Engineer Constr
$1,494,715.00
$0.00
$1,494,715.00
304
22022
530340
County Engineer Maintenance
$384,822.00
$0.00
$384,822.00
304
22023
530460
Canal Maintenance
$85,475.00
$0.00
$85,475.00
304
23000
530340
Physical Environment
$411,880.00
$13,620.00
$425,500.00
304
23000
560630
Physical Environment
$917,100.00
($471,095.00)
$446,005.00
304
24000
510 * * *, 530 * **
General Govt. Cap Projects
$125,350.00
$50,000.00
$175,350.00
304
24000
560620
General Govt. Cap Projects
$980,340.00
$74,420.00
$1,054,760.00
304
24000
560630
General Govt. Cap Projects
$769,314.00
$0.00
$769,314.00
304
24000
560640
General Govt. Cap Projects
$850,000.00
$0.00
$850,000.00
304
25000
560630
Culture & Recreation
$1,000,000.00
($845,000.00)
$155,000.00
304
26000
560630
Public Safety Cap Projects
$250,000.00
$25,000.00
$275,000.00
304
26500
560640
Human Services Projects
$0.00
$25,000.00
$25,000.00
304
27000
530 * **
Transporation Cap Projects
$851,275.00
$155,219.00
$1,006,494.00
304
27000
560630
Transporation Cap Projects
$7,814,029.00
$1,000,000.00
$8,814,029.00
304
85532
590990
Reserves 304
$500,000.00
$500,000.00
$1,000,000.00
304
85532
590991
Reserves 304
$1,962,347.00
($1,396,786.00)
$565,561.00
304
86502
590 * **
Budgeted Transfers 304
$13,445,475.00
$3,500,000.00
$16,945,475.00
Total
$31,842,122.00
$2,630,378.00
$34,472,500.00
$0.00
$0.00
$0.00
2007 Revenue Bond
Current
Inc. /(Dec.)
Revised
Revenues:
Budget
Budget
308 -
389002
Fund Balance Forward
$70,000.00
$1,121,203.00
$1,191,203.00
Total
$70,000.00
$1,121,203.00
$1,191,203.00
Appropriations:
308
22004
510 * **
General Govt. Projects
$7,000.00
$58,000.00
$65,000.00
308
22004
560630
General Govt. Projects
$63,000.00
$280,000.00
$343,000.00
308
85570
590990
Reserves 308
$0.00
$783,203.00
$783,203.00
Total
$70,000.00
$1,121,203.00
$1,191,203.00
$0.00
$0.00
$0.00
Big Copptt
Waste Water Project
Current
Inc. /(Dec.)
Revised
Revenues:
Budget
Budget
310-
32510OGM
Special Assessments $
475,000.00
$0.00
$ 475,000.00
310-
381304GT
Transfers in from Sales Surtax $
-
$500,000.00
$ 500,000.00
310-
361005GI
Interest Earnings
$10,000.00
$0.00
$10,000.00
310 -
389001
Less 5% FL Statute
- $24,250.00
($25,000.00)
- $49,250.00
310 -
389002
Fund Balance Forward
$294,750.00
$0.00
$294,750.00
Total
$755,500.00
$475,000.00
$1,230,500.00
Appropriations
310
54503
510 ** *,530 ** *,560 * **
Special Assessement Refund
$5,000.00
$0.00
$5,000.00
310
55011
530340
Special Assessements
$68,500.00
$0.00
$68,500.00
310
55011
590207
Transfer to Debt Service
$682,000.00
$0.00
$682,000.00
310
85570
590990
Reserves 310
$475,000.00
$475,000.00
Total
$755,500.00
$475,000.00
$1,230,500.00
$0.00
$0.00
$0.00
9
W
2014 Revenue Bond
Revenues:
314- 381312GT
314- 381312GT
Appropriations:
314 24006 510 ** *,560 * **
314 25004 510 ** *,530 ** *,560 * **
314 26008 510 ** *,530 ** *,560 * **
314 85573 590990
314 85573 590991
Tranfer From 312
Tranfer From 312
General Gov. Projects
Culture & Recreation
Public Safety
Reserves 314
Reserves 314
Current
Budget
$ 9,000,000.00
$7,000,000.00
Total $16,000,000.00
$2,727,550.00
$5,493,290.00
$3,780,000.00
50.00
$3,999,160.00
Total $16,000,000.00
50.00
Inc. /(Dec.)
Revised
Current
Budget
$0.00
$ 9,000,000.00
$0.00
$7,000,000.00
$0.00
$16,000,000.00
($2,077,550.00)
$396,710.00
$1,053,000.00
$1,000,000.00
($372,160.00)
$0.00
50.00
$650,000.00
$5,890,000.00
$4,833,000.00
$1,000,000.00
$3,627,000.00
$16,000,000.00
50.00
Stock Island Wastewater
Current
Inc. /(Dec.)
Revenues:
Budget
171 32510OGM
Special Assessment Cap $42,000.00
$93,277.66
171 361005GI
Interest Earnings
$1,700.00
$0.00
171 38670OGT
Trsf in TC Excess Fees
$425.00
$0.00
171 389001
Less 5%
($2,206.00)
$0.00
171 389002
Fund Balance Forward
5490.517.00
574.286.34
Total $532,436.00
$167,564.00
Appropriations:
171 55005 510*
Stock Island MSTU
$12,000.00
($4,000.00)
171 55005 530*
Stock Island MSTU
$363,000.00
$297,487.19
171 69013 530490
Tax Collector 171
$1,500.00
$0.00
171 85557 590990
Reserves 171
$55,000.00
($55,000.00)
171 85557 590991
Reserves 171
5100936.00
(570,923.19)
Total $532,436.00
$167,564.00
50.00
50.00
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 21 st day of March, AD 2018.
Mayor Rice
Mayor Pro Tem Murphy
Commissioner Kolhage
Commissioner Neugent
Commissioner Carruthers
BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNTY, FLORIDA
By:
(Seal)
Attest: KEVIN MADOK, Clerk
Revised
Budget
$135,277.66
$1,700.00
$425.00
($2,206.00)
5564.803.34
$700,000.00
$8,000.00
$660,487.19
$1,500.00
50.00
530.012.81
$700,000.00
50.00
r
Is-
T"
9
2