Item I1LAND AUTHORITY GOVERNING BOARD
AGENDA ITEM SUMMARY
Meeting Date: September 3. 2015 Division: Land Authority
Bulk Item: Yes No X Staff Contact / Phone #: Mark Rosch / 295-5180
Agenda Item Wording: Approval of a resolution adopting the Tentative Budget for fiscal year 2016.
Item Background: The draft budget was reviewed by the Board on July 27, 2015, at which time the
Board discussed transferring as much as $3.4 million from the ROGO Reserve to the general
appropriation for acquiring property in the Florida Keys Area of Critical State Concern. In order to
provide the structure for spending this additional funding, the Board also discussed adding staff and
hiring a consultant. There were no votes taken to revise the draft budget on July 27, 2015, so to date
no changes have been made.
Advisory Committee Action: N/A
Previous Governing Board Action: See above.
Contract/Agreement Changes: N/A
Staff Recommendation: To be provided at the September 3, 2015 meeting.
Total Cost: $ Indirect Cost: $ Budgeted: Yes _ No _.
Cost to Land Authority: $ Source of Funds:
Approved By: Attorney _ County Land Steward _.
Documentation: Included: X To Follow: Not Required: _.
Disposition: Agenda Item
RESOLUTION NO.
A RESOLUTION OF THE MONROE COUNTY
COMPREHENSIVE PLAN LAND AUTHORITY ADOPTING
A TENTATIVE BUDGET FOR FISCAL YEAR 2016.
WHEREAS, the Monroe County Comprehensive Plan Land Authority, a land authority
pursuant to section 380.0663, Florida Statutes, held a public hearing on September 3,
2015 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 2016; NOW,
THEREFORE,
BE IT RESOLVED BY THE MONROE COUNTY COMPREHENSIVE PLAN LAND
AUTHORITY that the Budget of $21,177,351 in Attachment A be adopted as the
Tentative Budget for Fiscal Year 2016 and is hereby adopted.
PASSED AND ADOPTED by the Monroe County Comprehensive Plan Land Authority
at a meeting on this 3rd day of September 2015.
Chairman David Rice
Vice Chairman Heather Carruthers
Mayor Danny Kolhage
Commissioner Sylvia Murphy
Commissioner George Neugent
(Seal)
ATTEST:
Mark J. Rosch
Executive Director
Approved as to form and legality;
.-4, 1/-��
Adele V. Stones, Esquire
MONROE COUNTY COMPREHENSIVE
PLAN LAND AUTHORITY
David P. Rice
Chairman
ATTACHMENT A
MONROE COUNTY LAND AUTHORITY
FY 2016 BUDGET
Budget
FY 2016
Revenues:
Intergovernmental
TIMP - Key West ACSC
1,805,000
TIMP/Park Surcharge - FL Keys ACSC
1,735,000
TIMP/Park Surcharge - Administration
210,000
Cash Carry Forward
TIMP - Key West ACSC
10,409,380
TIMP/Park Surcharge - FL Keys ACSC
972,077
Assigned/Unassigned
7,140,491
Miscellaneous
Interest Income
20,000
Less 5%
(1,114,597)
Total Revenues 21,177,351
Appropriations:
Salaries, Benefits, and Operating Expenses
383,600
Capital Outlay
Office Equipment
10,000
Property in FL Keys ACSC
2,162,998
Property in Key West ACSC
12,214,380
ROGO Reserve
5,406,373
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 21,177,351