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Item G1` County of Monroe .. - Me Florida Keys L BOARD OF COUNTY COMMISSIONERS Mayor David Rice, District 4 Mayor Pro Tem Sylvia J. Murphy, District 5 Danny L. Kolhage, District 1 George Neugent, District 2 Heather Carruthers, District 3 County Commission Meeting September 4, 2018 Agenda Item Number: G.1 Agenda Item Summary #4636 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 2019. ITEM BACKGROUND: Since last reviewed by the Board on July 31, 2018, no changes have been made to the proposed budget. PREVIOUS RELEVANT BOCC ACTION: The Board reviewed the budget on July 31, 2018. CONTRACT /AGREEMENT CHANGES: N/A STAFF RECOMMENDATION: Approval DOCUMENTATION: Tentative Budget FYI 9 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 Kathy Peters Board of County Commissioners Completed Completed Pending 08/23/2018 4:06 PM 08/27/2018 1:44 PM 09/04/2018 5:05 PM RESOLUTION NO. A RESOLUTION OF THE MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY ADOPTING A TENTATIVE BUDGET FOR FISCAL YEAR 2019. WHEREAS, the Monroe County Comprehensive Plan Land Authority, a land authority pursuant to section 380.0663, Florida Statutes, held a public hearing on September 4, 2018 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 2019; NOW, THEREFORE, BE IT RESOLVED BY THE MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY that the Budget of $15,391,503 in Attachment A be adopted as the Tentative Budget for Fiscal Year 2019 and is hereby adopted. PASSED AND ADOPTED by the Monroe County Comprehensive Plan Land Authority at a meeting on this 4th day of September 2018. Commissioner Heather Carruthers Commissioner Sylvia Murphy Commissioner George Neugent Mayor David Rice Chairman Danny Kolhage (Seal) ATTEST: Charles G. Pattison Executive Director Approved as to form and legality: MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY Danny L. Kolhage Chairman Adele V. Stones, Esquire ATTACHMENT A MONROE COUNTY LAND AUTHORITY FY 2019 BUDGET Total Revenues 15,391,503 Appropriations: Budget Salaries, Benefits, and Operating Expenses FY 2019 Revenues: Intergovernmental 10,000 Tourist Impact Tax - Acquisition - Key West 1,966,500 Tourist Impact Tax - Acquisition - FL Keys 1,282,500 Park Surcharge - Acquisition 270,000 Administration - Tourist Impact Tax & Park Surcharge 201,000 Fund Balance Forward 0 Tourist Impact Tax - Acquisition - Key West 4,541,416 Tourist Impact Tax - Acquisition - FL Keys 283,517 Park Surcharge - Acquisition 0 Assigned and Unassigned 7,556,649 Miscellaneous Interest Income 100,000 Less 5% (810,079) Total Revenues 15,391,503 Appropriations: Salaries, Benefits, and Operating Expenses 577,968 Capital Outlay Office Equipment 10,000 Property in FL Keys ACSC 4,002,371 Property in Key West ACSC 6,507,916 ROGO Reserve 3,293,248 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 15,391,503