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Item C1 Capital Improvement Plan I, � sa rr u eta r� � � •"�` 0 �VI I ������ III �r��iw�� ,P Win. r• �- A + � µ Monroe County Fiscal Year 2020 2024 Capital Improvement �.CapitalhTprovernent Plan Overview � Capital Assets A capital asset is a new or rehabilitated physical asset that is nonrecurring and has a useful life of more than five years. Capital assets have a cost of at least$50,000. Capital Project A capital project is undertaken to acquire a capital asset. Examples: Capital projects include construction and rehabilitation of public buildings, major street improvements, parks and recreation projects, or the acquisition of a fire truck or a similar vehicle. Annual Capital Budget The annual capital budget represents the first year of the capital improvement plan. It is the appropriation of capital spending legally adopted by the Board of County Commissioners. The annual capital budget is adopted in conjunction with Monroe County's annual operating budget and provides legal authority to proceed with specific projects. Capital Improvement Plan The Capital Improvement Plan is a resource that assists Monroe County in ensuring that a well-developed plan is established when making decisions on projects and funding. The quality of life for a Monroe County Resident depends on the reliability of roads and bridges,the accessibility of culture and recreation; the efficiency of waste disposal, and many other essential public services. Capital Infrastructure is an essential part of the community in Monroe County. Monroe County's capital improvement plan is a multi-year program that identifies capital projects to be funded during a five-year period. The plan specifies each capital project to be undertaken,the year it will begin,the anticipated expenses for each year, and the method of financing. Projects and financing sources in the capital improvement plan for years other than the current budget year are not authorized until the annual budget for those years are legally adopted. The out years serve only as an estimate for future planning and are subject to further review and modification. The five-year capital plan spanning from FY 2020 to FY 2024 is currently $292,277,636. FY 2020 Capital Budget The following chart shows the capital funding for each fiscal year from FY 2011 through FY 2020. The total FY 2020 capital budget is$91,634,386. This a 37% increase from the adopted FY 2019 capital budget of$66,714,728. The main increase results from increases in Public Safety projects, Physical Environment project, and the continuation of debt service payments. The County remains committed to completing existing projects. The capital projects planned for FY 2020 include the Plantation Key Jail and Courthouse,the completion of the Marathon Library,the early stages of the Senior Nutrition center, and many other projects that will continue to further improve the safety and quality of life throughout Monroe County. FY 2011 - FY 2020 Capital Funding $180.00 - $160.00 $152.8 _ $140.00 ___ �___ ____ _. __ _ __ _. $139Q __ _� _ $1330 ------ $115.2 $120.00 _- _ __--- _ ------.- _ _ __ _____ $100,00 —_—--- 91�6 $80.00 $60.00 _ _$52.7._ S49 3___ $40.00 $20.00 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 1 CapitalL Monroe County Fiscal Year 2020—2024 Capital Improvement Plan • • Project Types The first chart below illustrates the types of projects in the FY 2020 capital budget. In FY 2020,45%or$41,367,132 of the capital budget stems from the category labeled "Other." The"Other" category is comprised of debt service payments, reserves, and budget transfers. Public Safety projects make up 19%or$17,435,938 of the FY 2020 capital budget. In the second chart,the plan for the next five years is split by project category. Moving forward the capital plan will focus on projects in the Transportation category as well continuing to meet the existing debt requirements. Chart 1 Chart 2 FY 2020 FY 2020-FY 2024 Total CIP$91,634,386 5-Year Total CIP$292,277,636 Physical Other(Debt, Environment Reserves, Physical Other(Debt, $6,989,924 Transfers), Environment, $13,711,116 Reserves, 8% $176,921,732,— ---- Transfers) 60% 5/ $41,367,132 General 45% Government $1,412,000 General 2% Government, $8,367,000, \_Culture& 3% Recreation Culture& Transportation $7,823,562 Recreation, $16,605,830 8% $13,278,112, 18% 5% Public Safety Transportation,---._.___ Public Safety, $17,435,938 $52,937,707, $27,061,969, 19% 18% 9% The capital projects that will continue through FY2020—FY2024 include the construction of Plantation Key Jail and Courthouse, the Senior Nutrition Center, renovation of Higg's Beach, and many other projects. FY 2020- FY 2024 Capital Funding $100.00 $90.00 $80.00 $70.00 -_. _. ____. . ..__. .__ $60.00 _ -- --$50.00 - o S46 3 _______ $46.9 ._ $47.0 $40.00 -— -- $30.00 $20.00 - $10.00 -- $0.00 -- - FY20 FY21 FY22 FY23 FY24 2 Monroe Cotinty Fiscal Year 2020—2024 CapitalImprovement Capitalr r Budget by Fund Summary The following table shows the budget by fund summary for the FY 2020 capital budget and the FY 2020-FY 2024 Capital Improvement Plan. Funding Source FY 2020 Budget % FY 2020-FY 2024 % Roads& Bridge-Fuel Taxes(Fund 102) 15,468,669 16.88% 77,934,543 26.66% Impact Fees-Roads(Fund 130) 1,484,856 1.62% 4,037,285 1.38% Impact Fees-Parks(Fund 131) 632,650 0.69% 3,487,200 1.19% Impact Fees-Libraries(Fund 132) 1,232,190 1.34% 1,232,190 0.42% Impact Fees-Solid Waste(Fund 133) 104,263 0.11% 104,263 0.0406 Impact Fees-Fire&EMS(Fund 135) 140,867 0.15% 718,202 0.25% One Cent Sales Tax(Fund 304) 38,497,995 42.01% 145,815,654 49.89% Clerk of Court Network Adm (Fund 306) 100,000 0.11% 100,000 0.03% Big Coppitt Waste Water(Fund 310) 712,000 0.78% 3,560,000 1.22% Duck Key Waste Water(Fund 311) 162,325 0.18% 811,625 0.28% Cudjoe Waste Water(Fund 312) 8,235,546 8.99% 17,888,298 6.12% 2014 Revenue Bond (Fund 314) 20,957,456 22.87% 29,872,807 10.22% Long Key Waste Water(Fund 315) 730,569 0.80% 730,569 0.25% Land Acquisition (Fund 316) 3,175,000 3.46% 5,985,000 2.05% tt Debt Service The following table shows the County's debt service commitments for the Capital Improvement Plan. Debt Service Schedule Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Debt Service 2020 2021 2022 2023 2024 2025-2033 CWSRF - Big Coppitt 682,000 682,000 682,000 682,000 682,000 3,750,970 CWSRF - Cudjoe 9,004,904 9,004,904 9,004,904 9,004,904 9,004,904 130,571,107 2014 Revenue Bond 4,281,292 4,281,376 4,279,336 4,280,172 4,283,766 KLWTD-Mayfield Loan 2,125,000 2,125,000 2,125,000 2,125,000 2,125,000 2,500,000 2016 Revenue Bond 1,118,754 1,119,135 1,124,263 1,119,053 1,118,674 10,802,781 Total Debt Service 17,211,950 17,212,415 17,215,503 17,211,.129 17,214,344 , 147,624,858 Revenue Source Big Coppitt Special Assessments 682,000 682,000 407,018 332,000 332,000 1,100,972. Infrastructure Sales Tax 10,021,274 14,404,674 14,682,744 14,753,388 14,756,602 127,458,599 Cudjoe Special Assessments 5,508,675 2,125,740 2,125,740 2,125,740 2,125,740 19,065,287 Debt Service Reserves 1,000,000 Total Revenue 17,211,950 17,212,415 1 17,21S,503 17,211,129 17,214,344 i147,624,858 3 Monroe County Fiscal Year 2020—2G24 Capitalr • Capitalr Capital Improvement Plan(CIP)Funds: Road&Bridge(Fund 102)accounts for the operation of the Road Department and repair and maintenance of county roads and bridges. State and county fuel taxes are the main revenue source of this fund. Impact Fees—Roads(Fund 130)accounts for roadway impact fees(Licenses&Permits)collected within the County's Impact Fee districts. Funds are used for the capital expansion of the county's major road network system in the district where the fees are collected. Impact Fees—Parks&Recreation(Fund 131)accounts for park impact fees(License&Permits)collected within the County's Impact Fee districts. Funds are used for the capital expansion of the county's community park facilities in the sub district where the fees have been collected. Impact Fees—Libraries(Fund 132)accounts for library impact fees collected within the County's Impact Fee districts. Funds are used for the capital expansion of the county's library facilities. On June 21,2017 The Board of County Commissioners voted to amend the Library Impact Fee to $0.00 beginning on January 1,2018. Impact Fees—Solid Waste(Fund 133)accounts for solid waste impact fees collected within the County's Impact Fee districts. The funds can be used for the purpose of construction and expansion of solid waste facilities in Monroe County and also the purchase of the new incinerators and equipment. On June 21,2017,the Board of County Commissioners voted to amend the Solid Waste Impact Fee to$0.00 beginning January 1, 2018. Impact Fees—Police Facilities(Fund 134)accounts for police impact fees collected within the County's Impact Fee districts. Funds are used for the purpose of capital expansion of police and jail facilities,and the acquisition of new patrol cars. On June 21,2017,the Board of County Commissioners voted to amend the Police Facilities Impact Fee to$0.00 beginning on January 1,2018. Impact Fees—Fire&EMS(Fund 135)accounts for fire facility impact fees collected within the County's Impact Fee districts. Funds can be used for the capital expansion of the County's fire facilities,including wills and hydrants. One Cent Infrastructure Sales Surtax(Fund 304)accounts for major Physical Environment,General Government,Culture&Recreational,and Public Safety projects along with debt service for capital improvements projects and Project Management. In November 2012,Monroe County residents approved a referendum providing an extension of the One Cent Infrastructure Sales Tax to 2033. Clerk of Court Network Administration(Fund 306)accounts for the Clerks network system. It is funded by the One Cent Infrastructure Sales Tax. 2007 Revenue Bond(Fund 308)accounts for capital improvement projects financed by the 2007 Revenue Bond. The Bond is funded by the One Cent Infrastructure Sales Tax. Big Coppitt Waste Water Project(Fund 310)accounts for the revenue and expenditures related to the construction of the Big Coppitt Waste Water Project. Duck Key Waste Water Project(Fund 311)accounts for the revenue and expenditures related to the construction of the Duck Key Waste Water Project. Cudjoe Waste Water Project(Fund 312)accounts for the revenue and expenditures related to the construction of the Cudjoe Waste Water Project. 2014 Revenue Bond(Fund 314)accounts for capital improvement projects financed by the 2014 Revenue Bond. The bond is funded by the One Cent Infrastructure Sales Tax. Long Key Waste Water Project(Fund 315)accounts for the revenue and expenditures related to the construction of the Long Key Waste Water Project. Land Acquisition(Fund 316)was established for the conservation,habitat protection,and mitigation of potential future takings liability. 4 One Cent Infrastructure Sales Surtax Revenue History The following graphs show the history of the One Cent Infrastructure Sales Tax Revenue since its inception in 1990. The tax allows for one percent tax on most purchases in the county. This one percent, or one penny, is collected on every dollar spent by both residents and visitors who purchase goods in the county. One Cent Sales Tax One Cent Infrastructure Sales Surtax History Year Amount 1990 $ 6,527,762 $25,000,000 1991 $ 7,763,175 1992 $ 8,546,742 1993 $ 10,027,642 19941 $ 9,953,100 1995 $ 10,746,262 $20,000,000 --- ---- 1996 $ 11,521,699 1997 $ 12,009,003 1998 $ 13,217,392 1999 $ 12,996,907 2000 $ 12,387,681 $15,000,000 2001 $ 12,719,997 2002 $ 12,645,370 2003 $ 12,884,890 ; 2004 $ 15,365,641 2005 $ 14,875,923 2006 $ 15,201,005 $10,000,000 - 2007 $ 15,200,286 2008 $ 15,147,593 2009 $ 13,702,434 201C $ 14,085,030 2011 $ 15,374,998 $5,000,000 2012 $ 16,318,450 2013 $ 17,172,359 2014 $ 18,653,970 2015 $ 20,161,451 2016 $ 20,621,204 $_ O ei N M C N lD 1� 00 Ol O N M C 0 0 0 00 01 O rl N M V N t0 1� O Ol 2017 $ 21,510,929 a Q a o 0 0 0 0 0 O 0 0 0 a a 0 g .�Y e�i e�i e�Y eMi rl rl N rl '1 N N N N N N N N N N N N N N N N N N N E 2018 $ 20,805,323 2019Estimate $ 23,700,629 One Cent Infrastructure 2019 2020 2021 2022 2023 2024 Fund 304 Estimate Estimate Estimate Estimate Estimate Estimate Beginning Fund Balance 21,032,084 22,605,511 10,659,046 4,614,836 4,382,893 6,309,550 Revenue 23,949,188 22,197,500 22,182,500 22,625,200 23,076,754 23,537,339 Expense (22,375,761) (34,143,965) (28,226,710) (22,857,143) (21,150,097) (19,176,792) Estimated Ending Fund. d'S1511 10,659,046 4,614,836 1 4,382,893 6,309,550 10,670,097 *Monroe County uses State Estimates in their budgeting process. State estimates have not yet been released. Actual revenue will change the ending fund balance estimates. 5 Monroe County Fiscal Year 2020—2024 Capital Improvement Plan s c _Cap"limprovernent Fuel Tax Fuel Tax History The following graphs show the County's fuel tax revenues received for the tax year period from 2008 through 2018. 2019 is ongoing and actuals will not be published until fiscal year end. Ten Year Fuel Tax History Fuel Tax Revenues 2008 2009 2010 2011 2012 2023 2014 2015 2016 2017 2018 Sales Tax County 9th Cent 47,421 39,960 366,734 479,072 524,108 470,739 528,181 541,261 562,954 564,819 535,289 Fuel Tax Local Option 1,389,386 1,216,424 1,585,859 1,601,155 1,807,383 1,5S3,841 1,824,025 1,871,727 1,971,908 1,979,973 1,840,815 County Fuel Tax 1,090,571 1,063,612 1,041,922 1,023,313 994,743 1,012,612 1,018,966 1,072,482 1,120,983 1,147,550 1,157,892 Constitutional Gas Tax 20% 496,350 486,663 473,478 466,369 456,897 455,896 470,180 402,087 333,591 561,952 525,277 Constitutional Gas Tax80% 1,985,398 1,946,653 1,893,911 1,865,478 1,827,587 1,823,584 1,880,721 1,824,132 2,190,910 2,247,080 2,101,107 Total Fuel Taxes Revenues 1 5,009,126 4,753,312 5,361,904 1 5,43S,387 1 5,610,718 5,722,073 S,711,689 6,180,347 1 6,501,374 6,160,380 *2019 is not included as the fiscal year is ongoing and actuals are published at year end. 500,000 2,000,000 _. Sales Tax County 9th Cent _ __ v._ _ _ 1,5.3t;,vuv - Fuel Tax coca]Option ■County Fuel Tax 1,000,000 ■Constitutional Gas Tax 201v 500,000 ■Constitutional Gas Tax 8C 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Constitutional Gas Tax—The two cents per gallon tax is placed on motor fuel and collected by the Florida State Department of Revenue (DOR). The allocation formula is based on the geographic area, population, and a collection component. This factor is then calculated annually for each county in the form of weighted county-to-state ratios. To determine each county's monthly distribution,the monthly statewide tax receipts are multiplied by each county's distribution factor. County Fuel Tax—The Florida Legislature has levied a one cent per gallon tax on motor fuel for distribution to county governments pursuant to the same formula used to distribute the Constitutional Gas Tax. Local Option and Ninth-Cent Fuel Taxes—In addition to the two-cent constitutional gas tax and the one cent County Gas Tax, counties may impose up to 12 cents of local option fuel taxes in the form of three separate levies. The first is a tax of 1 cent on every net gallon of motor and diesel fuel sold within the county. This is known as the "Ninth" cent fuel tax. The second is a tax of 1 to 6 cents on every net gallon of motor and diesel fuel sold within the county. The third is a 1 to 5 cent levy upon every net gallon of motor fuel sold within the county. The third tax does not apply to diesel fuel. Monroe County now levies ten of the twelve cents on motor fuel and seven of the seven cents on diesel fuel. Monthly distribution on motor fuel is based on reports from terminal suppliers, wholesalers and importers as the destination of the gallons distributed for retail sale or use. Taxes on diesel are distributed according to Florida Statute proceeds. Roads and Bridges 2019 2020 2021 2022 2023 2024 Fund 102 Estimate Estimate Estimate Estimate Estimate Estimate Beginning Fund Balance 14,439,834 12,144,015 5,659,213 2,950,986 2,647,000 2,478,266 Revenue 6,668,840 6,661,688 6,791,689 6,924,289 7,059,542 7,197,500 Expense (8,964,658) (13,146,490) (9,499,915) (7,228,276) (7,228,276) (6,228,277) Estimated Ending Fund Balance 12,144,015 5,659,213 2,950,986 2,647,000 2,478,266 3,447,490 6 Monroe County Fiscal Year 20202024 Capital Improvement Plan Capital • • Projectsby Category Life To Date FY FY2019 FY2020 Project Name TP-ject# Fund. 2018 Estimated Proposed FY2021 FY2022 FY2023 FY202 Total Project Physical Environment Solid Waste Impact Fees 30500 133 101,165 104,263 Canal Monitoring PE1901 304 236,790 236,790 33,720 507,300 Gulf View Park Boat Ramp Repairs PE1506 304 8,329 170,000 178,329 Waste Water Upgrade County Owned Facilities PE1401 304 221,047 100,000 321,047 Big Coppitt Waste Water Project Various 310 41,700,672 704,000 712,000 712,000 712,000 712,000 712,000 Ongoing Assessments Duck Key Waste Water Project Various 311 13,307,767 20,000 35,000 35,000 35,000 35,000 35,000 Ongoing Assessments Cudjoe Waste Water Project Various 312 194,548,169 194,979 2,726,871 225,814 225,814 218,922 218,922 Ongoing Assessments Long Key Waste Water Project Various 315 870,532 40,000 Ongoing Assessments Land Acquisition PE1602 316 1,691,163 2,323,837 3,175,000 770,000 620,000 1,420,000 10,000,000 G"e4 Government Big Pine Key Dock CG1712 304 22,004 74,894 96,898 Guidance Care Center Project CG2001 304 200,000 200,000 Jefferson Browne CG1902 304 333,933 333,933 KeyNoter Building Purchase CG1801 304 25,000 725,519 750,619 Ocean Reef Building Purchase CG1901 304 600,000 600,000 1,200,000 Public Defender/Simonton Property CG1904 304 2,100,000 165,000 1,505,000 505,000 4,275,000 Senior Nutrition Center CG1413 304 450,096 450,096 Senior Nutrition Center CG2002 304 155,000 305,000 2,055,000 2,585,000 5,100,000 VOIP Telephone System CG1601 304 978,495 105,737 1,084,232 MCDS HVAC CG1614 308 189,636 35,000 224,636 MCSO Reroofing CG1714 308 238,511 114,193 352,704 MC50 Windows CG1713 308 25,113 20,000 45,113 Plantation Key Enabling CG1903 314 1,388,089 292,000 1,680,089 € J28, °5t0.1ot1 2,585.00 Culture li Recreation Parks&Rec Impact Fees(All Districts) 131 576,995 632,650 665,045 697,440 729,835 762,230 Library Automation 30002 132 25,000 25,000 Library Impact Fees 30000 132 1,127,383 1,207,190 Big Pine Swimming Hole CC1701 304 86,416 101,756 2,028,241 4215,413 Higg's Beach CC1402 304 572,405 309,916 410,096 100,000 2,500,000 3,892,417 Pigecn Key CC1902 304 1,080,000 1,080,000 Rowell's Marina CC1901 304 477,000 477,000 Marathon Libra CC1501 314 587,814 3,785,000 3,520,385 7,893,199 ESonotnit Environment Tin House CE1901 304 656,496 656,496 t[+tonomie Environme -- Public Safe Police Facilities Impact Fees 31000 134 129,656 Fire&EMS Impact Fees(All Districts) 3150* 135 102,430 140,867 142,377 143,758 145,021 146,179 Fire&Am bu I ante-Fire Truck CP1901 304 648,409 648,409 Fire&Ambulance Hydrants District 1 CP1603 304 208,136 42,560 250,696 KL Fire Hydrants CP1403 304 689,225 150,000 150,000 150,000 1,139,225 Cudjoe Fire Station CP1501 314 739,595 3,405,785 539,300 - 4,684,680 PK Jail&Courthouse CP1406 314 1,882,005 8,533,881 16,605,771 8,798,696 100,000 35,920,353 btal Public Safety 3,s18,S£ 13�012,721 Transiaortation Roads&Bridges 102 8,964,658 13,759,750 9,683,145 7,411,505 7,342,774 6,342,774 Ongoing Bimini Drive 29017 130 138,890 Key Colony Beach Road Project 29004 130 35,233 34,220 34,620 35,020 35,420 Roadway Impact Fee(All Districts) 130 381,213 478,104 562,311 646,500 726,234 Truman Pedestrian Bridge Widening-Duck Key 29012 130 929,520 Kohen Sub Division CR1902 304 80,000 228,000 553,750 861,750 Road&Bridge Phase II CR1905 304 2,000,000 2,000,000 Road Paving Backlog-5Years CR1401 304 99,484 250,000 Ongoing Stock Island CR1503 304 3,594,150 1,139,206 4,733,356 Stock Island ll CR1604 304 333,239 732,356 403,724 1,469,319 1st Street/Bertha CR1605 304 451,126 479,500 445,500 1,376,126 -.. t,i94,7i11�k.- 7 ,008, Reserves D bt Service Transfers minfstrative Reserves/Budgeted Transfers-102 102 3,865,117 1,708,919 5,958,919 8,258,919 8,208,919 9,258,919 Budgeted Annually Debt Service-Fund 304 304 13,000,000 7,710,000 ** Engineering Admin 304 1,493,376 1,052,690 1,230,523 1,377,833 1,386,313 Budgeted Annually Reserves-Fund 304 304 2,398,871 5,373,118 2,476,213 2,601,960 4,394,409 7,784,335 Budgeted Annually Transferto Other Funds-Fund 304 304 13,325,150 16,271,050 16,316,620 16,687,264 15,290,479 Budgeted Annually Clerk of Court Network System 306 100,000 100,000 Budgeted Annually Budget Transfers-308 308 148,559 Budgeted Annually Reserves-Fund 311 311 127,325 127,325 127,325 127,325 127,325 Budgeted Annually Debt Service-Fund 312 312 65,080 65,080 65,080 65,080 ** Reserves/Budgeted Transfer-Fund 312 312 5,508,675 2,125,740 2,125,740 2,125,740 2,125,740 Budgeted Annually Reserves-Fund 314 311 603,594 Reserves-Fund 315 315 730,569 Budgeted Annual) 11111111111L 46,128.615 47,460,226, "Budgetomounts 71mpact Fees are based on the availability offunds. "Budget amounts for Debt 5ervite are budgeted annually based on current obligations. 7 Monroe County Fiscal Year 2020 2024 Capital Improvement Plan Physical Government 12 Overview The Physical Environment section contains capital improvement projects designed to facilitate the provision of services by the different branches of Monroe County government with regards to wastewater management and land preservation. Major Physical Environment capital projects in FY 2020 include land acquisition and county owned wastewater upgrades. Funding Sources Physical Environment projects are funded by One Cent Infrastructure Sales Tax revenue, bond proceeds, special assessments, and various impact fees. FY 2020 Physical Environment Project Appropriations by Fund Fund 316 _Fund 133 45% ' 2% * - _Fund 304 3% Fund 310 10% Fund 311 Fund 312 _ 1% 39% FY 2020—2024 Physical Environment Projects Life to Date FY2019 FY2020 FY21-FY24 Total Projects Fund Project# FY2018 Estimate Proposed Total Proposed Project Solid Waste Impact Fees 133 30500 101,165 104,263 205,428 Canal Monitoring 304 PE1901 236,790 236,790 33,720 507,300 Gulf View Park Boat Ramp Repairs 304 PE1506 8,329 170,000 178,329 Waste Water Upgrade County Owned Facilities 304 PE1401 221,047 100,000 321,047 Ongoing Big Coppitt Waste Water Project 310 Various 41,700,672 704,000 712,000 2,848,000 Assessment Ongoing Duck Key Waste Water Project 311 Various 13,307,767 20,000 35,000 140,000 Assessment Ongoing Cudjoe Waste Water Project 312 Various 184,548,169 194,979 2,726,871 889,472 Assessment Ongoing Long Key Waste Water Project 315 Various 870,532 424,502 Assessment Land Acquisition 316 PE1602 1,691,163 2,323,837 3,175,000 2,810,000 10,000,000 Total Physical Environment 242,347,679 4,275,273 6,989,924 6,721,192 11,212,104 *Budget amounts for Impact Fees are based on the availability of funds. 8 Monroe County2020—2024 Capital General Government Overview The General Government section contains capital improvement projects designed to facilitate the provision of services by the legislative and administrative branches of Monroe County government. The major General Government capital projects budgeted in FY 2020 include the KeyNoter Building purchase, Harvey Senior Nutrition Center, and Public Defender/Simonton Property. Funding Sources General Government projects are funded by One Cent Infrastructure Sales Tax revenue and bond proceeds. FY2020 General Government Project Appropriations by Fund Fund 314, 21% Fund 304, 79% FY 2020—2024 General Government Projects Life to Date FY2019 FY2020 FY21-FY24 Total Total Projects Fund Project# FY2018 Estimate Proposed Proposed Project Big Pine Key Dock 304 CG1712 22,004 74,894 96,898 Guidance Care Center Project 304 CG2001 200,000 200,000 Jefferson Brown 304 CG1902 333,933 333,933 KeyNoter Building Purchase 304 CG1801 25,000 725,619 750,619 Ocean Reef Building Purchase 304 CG1901 600,000 600,000 1,200,000 Public Defender/Simonton Property 304 CG1904 2,100,000 165,00 2,010,000 4,27S,000 Senior Nutrition Center 304 CG1413 450,096 450,096 Senior Nutrition Center 304 CG2002 155,000 4,945,000 5,100,000 VOIP Telephone System 304 CG1601 978,495 105,737 1,084,231 MC50 HVAC 308 CG1614 189,636 35,000 1 224,636 MCSO Reroofing 308 CG1617 238,511 114,193 352,704 MCSO Windows 308 CG1714 25,113 20,000 45,113 Plantation Key Enabling 314 CG1903 1,388,089 292,000 1,680,089 Total General Government 1,928,855 5,497,465 1,412,000 6,955,000 15,793,320 9 Monroe County Fiscal Year 2020—2024 Capital Improvement Plan Culture&Recreation Overview The Culture and Recreation section contains capital improvement projects designed to facilitate the provision, maintenance, and operation of culture and recreation facilities and activities. Major Culture and Recreation projects budgeted in FY20 include Marathon Library and Higg's Beach Master Plan. Culture and Recreation projects are funded by One Cent Infrastructure Sales Tax revenue, bond proceeds, and various impact fees. FY 2020 Culture & Recreation Project Appropriations by Fund Fund 131 132 16% Fund 314 459� Fund 304 31% FY 2020—2024 Culture & Recreation Projects Life to Date FY2019 FY2020 FY21-FY24 Total Projects Fund Project# FY2018 Estimate Proposed Total Proposed Project Parks&Rec Impact Fees(All Districts) 131 576,995 632,650 2,854,550 Library Automation 132 30002 25,000 25,000 Library Impact Fees 132 30000 1,127,383 1,207,190 Big Pine Swimming Hole 304 CC1701 86,416 309,916 410,096 806,428 Higg's Beach 304 CC1402 572,405 101,756 2,028,241 2,600,000 5,302,402 Pigeon Key 304 CC1902 477,000 477,000 Rowell's Marina 304 CC1901 1,080,000 1,080,000 Marathon Library 314 CC1501 587,814 3,785,000 3,520,385 7,893,199 Total Culture&Recreation 1,246,635 7,483,050 7,823,562 5,4S4,550 15,559,029 *Budget amounts for Impact Fees are based on the availability of funds. 10 Monroe CountV Fiscal Year 2020—2024 Capital • • - - Economic Environment Overview The Economic Environment section contains capital improvement projects designed to develop and improve the economic conditions of the community and its citizens. Currently only one project falls into the Economic Environment category. This project is the Tiny Houses project. Funding Source Economic Environment projects are funded by One Cent Infrastructure Sales Tax revenue. FY 2020 Economic Environment Project Appropriation by Fund Fund 304, 100% FY 2020—2024 Economic Environment Projects Life to Date FY2019 FY2020 FY21-FY24 Total Projects Fund Project ItFY2018 Estimate Proposed Total Proposed Project Tiny House 304 CE1901 656,496 656,496 Total Euwyomic Environment 656,496 556,496 11 PublicMonroe County Fiscal Year 2020—2024 Capital tmprovement Plan Overview The Public Safety section contains capital improvement projects designed to facilitate the provision of public services by Monroe County government. Major Public Safety capital projects in FY20 include the Plantation Key Jail and Courthouse and Cudjoe Fire Station. Funding Sources', Public Safety projects are funded by One Cent Infrastructure Sales Tax revenue, bond proceeds, and various impact fees. FY 2020 Public Safety Project Appropriation by Fund Fund 135 -~ 1% _-Fund 304 1% Fund 314� 98% FY 2020—2024 Public Safety Projects Life to Date FY2019 FY2020 FY21-FY24 Total Projects Fund Project# FY2018 Estimate Proposed Total Proposed Project Police Facilities Impact Fees 134 31000 129,656 Fire&EMS Impact Fees(All Districts) 135 3150* 102,430 140,867 577,335 Fire&Ambulance-Fire Truck 304 CP1901 648,409 648,409 Fire&Ambulance Hydrants District 1 304 CP1603 208,136 42,560 250,696 KL Fire Hydrants 304 CP1403 1 689,225 150,000 150,000 150,000 1,139,225 Cudjoe Fire Station 314 CP1501 739,595 3,405,785 539,300 4,684,680 PK Jail&Courthouse 314 CP1406 1,882,005 8,533,881 16,605,771 8,898,696 35,920,353 Total Public Safety 3,518,961 13,012,721 17,435,938 42,643,363 *Budget amounts for Impact Fees are based on the availability of funds. 12 Monro2020e County 2024 Capital Improvement Plan Transportation Overview The Transportation section contains capital improvement projects designed to facilitate the provision of services by Monroe County government with regards to the County's roads and bridges. Major transportation capital projects in FY20 include continuing the five-year road project plan to repair and pave various roads and bridges in Monroe County. Funding Sources Transportation projects are funded by One Cent Infrastructure Sales Tax revenue, state and county fuel taxes, and impact fees. FY 2020 Transportation Project Appropriations by Fund Fund 304 8% Fund 130 --__ 9°iq � Fund 102 83% FY 2020—2024 Transportation Projects Life to Date FY2019 FY2020 FY21 a FY24 Total Projects Fund Project# FY2018 Estimate Proposed Total Proposed Project Roads&Bridges 102 8,964,658 13,759,750 30,780,198 Ongoing Bimini Drive 130 29017 138,890 Key Colony Beach Road Project 130 29004 35,233 139,280 Roadway Impact Fee(All Districts) 130 381,213 2,413,149 Truman Pedestrian Bridge Widening-Duck Key 130 1 29012 929,520 Kohen Sub Division 304 CR1902 80,000 228,000 553,750 861,750 Road&Bridge Phase II 304 CR1905 2,000,000 2,000,000 Road Paving Backlog-5 Years 304 CR1401 99,484 250,000 349,484 Stock Island 1 304 CR1503 ,�''3,594,150 1,139,206 4,733,356 Stock Island II 304 CR1604 333,239 732,356 1 403,724 1 1,469,319 1st Street/Bertha 304 1 CR1605 1 451,126 479,500 445,500 1 1,376,126 OMEN Total Transports, *Budget amounts for Impact Fees are based on the availability of funds. 13 I Monroe County Fiscal Year 2020-2024 Capital improvement Plan Road&Bridge Fund(Fund 102) Roads and Bridges (Fund 102) This fund accounts for the operation of the Road Department and repair and maintenance of county roads and bridges. State and county fuel taxes are the main revenue source for this fund. Revenues FY20 Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total Fuel Taxes 2,612,000 2,612,000 2,612,000 2,612,000 2,612,000 13,060,000 Intergovernmental Rev. -State Shared Fuel Tax 4,075,000 4,075,000 4,075,000 4,075,000 4,075,000 20,375,000 Services-Transportation 66,000 66,000 66,000 66,000 66,000 330,000 Interest 70,000 70,000 70,000 70,000 70,000 350,000 Miscellaneous Revenue 22,700 22,700 22,700 22,700 22,700 113,500 Less 5% (342,285) (342,285) (342,285) (342,285) (342,285) (1,711,425) Fund Balance Forward 8,965,254 9,138,649 9,167,009 9,048,278 9,098,278 45,417,468 RW, 15,642,064 " 15,670,424 15,S51,693 15,601,693 77,934,543 FY20 Expenses Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total County Engineering Roads and Bridges 529,728 529,728 529,728 517,662 517,662 2,624,508 Roads Department 4,835,386 4,835,386 4,835,386 4,778,721 4,778,721 24,063,600 Local Option Gas Tax Projects 362,583 362,583 362,583 362,583 362,583 1,812,915 Street Lighting 183,808 183,808 183,808 183,808 183,808 919,040 Constitutional Tax Projects 80% 500,000 500,000 500,000 500,000 500,000 2,500,000 Sustainability Roads 911,750 700,000 1,611,750 Twin Lakes/Sands Subdivision Pilot Project 1,000,000 1,000,000 1,000,000 1,000,000 4,000,000 Sugarloaf Blvd Bridge 1,800,030 1,571,640 3,371,670 Bimini Drive Bridge 217,238 217,238 Harbor Drive Bridge 300,000 300,000 Key Largo/Burton Drive Road 2,070,000 2,070,000 Quarry Partners 1,049,227 1,049,227 Budget Transfers 408,919 408,919 408,919 408,919 408,919 2,044,595 Reserves 1,300,000 5,550,000 7,850,000 7,800,000 8,850,000 31,350,000 Total Expenses 15,468,669 15,642,064 15,670,424 15,551,E Y 9�34, Roads and Bridges 2019 2020 2021 2022 2023 2024 Fund 102 Estimate Estimate Estimate Estimate Estimate Estimate Beginning Fund Balance 14,439,834 12,144,015 5,659,213 2,950,986 2,647,000 2,478,266 Revenue 6,668,840 6,661,688 6,791,689 6,924,289 7,059,542 7,197,500 Expense (8,964,658) (13,146,490) (9,499,915) (7,228,276) (7,228,276) (6,228,277) Fund Estimated Ending Balance 12,144,015 5,659,213 2,950,986 2,647,000 2,478,266 66 3,447,490 14 ImpactMonroe County Fiscal Year 2020-2024 Capital Improvement Plan Impact Fees-Roads (Fund 130) This fund accounts for roadway impact fees(Licenses and Permits) collected within the County°s Impact Fee districts. Funds are used for the capital expansion of the county's major road network system in the district where the fees are collected. Revenues FY20 Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total Impact Fees-Roads 106,000 106,000 106,000 106,000 106,000 530,000 Interest Earnings 10,525 10,525 10,525 10,525 10,525 52,625 Less 5% (5,826) (5,826) (5,826) (5,826) (5,826) (29,130) Fund Balance Forward 1,374,157 401,625 486,232 570,821 650,955 3,483,790 Total Revenues 1,484,856 51 �,520 4' 4,037,E Expenses FY20 Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total Key Colony Beach Road Projects 35,233 34,220 34,620 35,020 35,420 174,513 Truman Pedestrian Bridge Widening -Duck Key 929,520 929,520 Bimini Drive Bridge Replacement 138,890 138,890 Roadway Impact Fees(All Districts) 1 381,213 478,104 562,311 646,500 726,234 2,794,362 596,931 681,520 761,654 4,037,295 Impact Fees- Parks and Recreation (Fund 131) This fund accounts for park impact fees (Licenses and Permits) collected within the County's Impact Fee districts. Funds are used for the capital expansion of the county's community park facilities in the sub district where the fees have been collected. Revenues FY20 Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total Impact Fees-Parks& Recreation 41,200 41,200 41,200 41,200 41,200 206,000 Interest Earnings 1,200 1,200 1,200 1,200 1,200 6,000 Less 5% (2,120) (2,120) (2,120) (2,120) (2,120) (10,600) Fund Balance Forward 592,370 624,765 657,160 689,555 721,950 1 3,285,800 �2,650 665,045 b97,440 729,83$ ,.;; 362y ., Expenses FY20 Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total Parks and Recreation(All Districts) 632,650 665,045 697,440 729,835 762,230 3,487,200 15 Monroe County Fiscal Year 2020-2024 Capital • • Impact Impact Fees-Libraries (Fund 132) This fund accounts for library impact fees collected within the County's Impact Fee districts. Funds are used for the capital expansion of the county's library facilities. One June 21, 2017,the Board of County Commissioners voted to amend the Library Impact Fee to$0.00 beginning on January 1, 2018. Revenues FY20 Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total Interest Earnings 2,700 2,700 Less 5% (135) (135) Fund Balance Forward 1,229,625 1,229,625 Total Revenues • 1,232,19 Expenses FY20 Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total Library Automation Update 25,000 25,000 Library Impact Fees 1,207,190 1,207,190 2 ,1solow Impact Fees-Solid Waste (Fund 133) This fund accounts for solid waste impact fees collected within the County's Impact Fee districts. The funds can be used for the purpose of construction and expansion of solid waste facilities in Monroe County, and also the purchase of new incinerators and equipment. On June 21, 2017,the Board of County Commissioners voted to amend the Solid Waste Impact Fee to $0.00 beginning January 1, 2018. Revenues FY20 Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total Interest Earnings 300 300 Less 5% (15) (15) Fund Balance Forward 103,978 103,978 Expenses FY20 Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total Solid Waste Impact Fees 104,263 104,263 i' Impact Fees-Fire & EMS(Fund 135) This fund accounts for fire facility impact fees collected within the County's Impact Fee districts. Funds can be used for the capital expansion of the County's fire facilities including wells and hydrants. Revenues FY20 Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total Impact Fees 15,700 15,700 15,700 15,700 15,700 78,500 Interest Earnings 130 131 132 133 134 660 Less 5% (791) (791) (791) (791) (791) (3,955) Fund Balance Forward 125,828 127,337 128,717 129,979 131,136 642,997 143, 146,179 718,202 Expenses FY20 Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total Fire&EMS Impact Fees(All Districts) 140,867 142,377 143,758 145,021 146,179 718,202 Total Expenses 140, 145,021 146,179 718,202 16 a Monroe • 1 1-2024 Capital • • - ent Plan Capital Funds The One Cent Infrastructure Sales Surtax(Fund 304) This fund accounts for major Physical Environment projects, General Government projects, Culture and Recreation projects, and Public Safety projects, along with debt services for capital improvement projects and Project Management. In November 2012, Monroe County residents approved a referendum providing an extension of the One Cent Infrastructure Sales Tax to 2033. Revenues FY20 Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total One Cent Infrastructure Sales Tax 23,000,000 23,300,000 23,766,000 24,241,320 24,726,146 119,033,466 Interest Earnings 50,000 50,000 50,000 50,000 50,000 250,000 Less 5% (1,152,500) (1,167,500) (1,190,800) (1,214,566) (1,238,807) (5,964,173) Transfer from Fund 315 300,000 300,000 Fund Balance Forward 16,300,495 8,420,423 2,583,903 1,967,752 2,923,788 32,196,361 38,497,995 30,602,923 25,209,103 25,044,506 26,461,127 145,815,654 Expenses FY20 Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total Canal Monitoring 236,790 33,720 270,510 Ocean Reef Building Purchase 600,000 600,000 Public Defender/Simonton Property 165,000 1,505,000 505,000 2,175,000 Guidance Care Center Project 200,000 200,000 Senior Nutrition Center 155,000 305,000 2,055,000 2,585,000 5,100,000 Higg's Beach 2,028,241 100,000 2,500,000 4,628,241 Big Pine Swimming Hole 410,096 410,096 Key Largo Fire Hydrants 150,000 150,000 300,000 Road Paving Backlog-5 Years 250,000 250,000 Stock Island II 403,724 403,724 1st Street/Bertha 479,500 445,500 925,000 Kohen Sub Division 228,000 553,750 781,750 Road and Bridge Phase II 2,000,000 2,000,000 Administrative Costs Engineering 1,493,376 1,052,690 1,052,690 1,200,000 1,208,480 6,007,236 7 Mile Bridge 177,833 177,833 177,833 533,499 Transfers to Other Funds 13,553,877 8,326,377 533,877 533,877 533,877 23,481,885 Debt Service 10,021,273 14,404,673 14,682,743 14,753,387 14,756,602 68,618,678 Land Acquisition 1,250,000 750,000 600,000 1,400,000 4,000,000 Reserve 5,373,118 2,476,213 2,601,960 4,394,409 7,784,335 22,630,035 Hurricane Irma Cost Share 1,500,000 500,000 500,000 2,500,000 it 7101V Total Expens " ' 38,49 IliNJ972,923 25,209,103 25,044,506 1 26,461,127 145,815,654 One Cent Infrastructure Sales Surtax 2019 2020 2021 2022 2023 2024 Fund 304 Estimate Estimate Estimate Estimate Estimate Estimate Beginning Fund Balance 21,032,084 22,605,511 10,659,046 4,614,836 4,382,893 6,309,550 Revenue 23,949,188 22,197,500 22,182,500 22,625,200 23,076,754 23,537,339 Expense (22,375,761) (34,143,965) (28,226,710) (22,857,143) (21,150,097) (19,176,792) Estkmatetf E," Fund Balance 22,605,511 10,659,046 4,614,$36 4,382,893 6,309,550 10,670,097 *Monroe County uses State Estimates in their budgeting process. State estimates have not yet been released. Actual revenue will change the ending fund balance estimates. 17 Monroe County Fiscal Year 2020-2024 Capital • • M Big Coppitt Waste Water Project (Fund 310) This fund accounts for the revenues and expenditures related to the construction of the Big Coppitt Waste Water Revenues FY20 Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total Special Assessments 330,000 330,000 330,000 330,000 330,000 1,650,000 Transfers in from Fund 304 274,982 350,000 350,000 974,982 Interest Earnings 5,000 5,000 5,000 5,000 5,000 25,000 Less 5% (16,500) (16,500) (30,249) (34,000) (34,000) (131,249) Fund Balance Forward 393,500 393,500 1 132,267 1 61,000 61,000 1,041,267 Revert k 712,000 712,' 12,OOQ 712,000 1 3.560,000 Expenses FY20 Proposed FY2021 FY2O22 FY2O23 FY2024 5 Year Total Big Coppitt Waste Water Assessment Program 30,000 30,000 30,000 30,000 30,000 150,000 Debt Service to Fund 207 682,000 682,000 682,000 682,000 682,000 3,410,000 Total Expen Big Coppitt Waste Water 2019 2020 2021 2022 2023 2024 Fund 310 Estimate Estimate Estimate Estimate Estimate Estimate Beginning Fund Balance 489,157 1,245,174 868,174 491,174 389,156 362,156 Revenue 1,460,018 335,000 335,000 609,982 685,000 685,000 Expense (704,000) (712,000) (712,000) (712,000) (712,000) (712,000) 4 491,17 335,156 Duck Key Waste Water Project (Fund 311) This fund accounts for the revenues and expenditures related to the construction of the Duck Key Waste Water Revenues FY20 Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total Special Assessments 80,000 80,000 80,000 80,000 80,000 400,000 Interest Earnings 3,500 3,500 3,500 3,500 3,500 17,500 Less 5% (4,175) (4,175) (4,175) (4,175) (4,175) (20,875) Fund Balance Forward 83,000 83,000 83,000 83,000 83,000 415,000 ,Total Revenues '� . ,._ 1 2 325 162,3- " _ . Expenses FY20 Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total Duck Key Waste Water Assessment Program 35,000 35,000 35,000 35,000 35,000 175,000 Reserves 127,325 127,325 127,325 127,325 127,325 636,625 62,325 162,325 162,325 Duck Key Waste Water 2019 2020 2021 2022 2023 2024 Fund 311 Estimate Estimate Estimate Estimate Estimate Estimate Beginning Fund Balance 280,098 343,998 393,198 442,398 491,598 540,798 Revenue 83,500 83,500 83,500 83,500 83,500 83,500 Expense (19,600) (34,300) (34,300) (34,300) (34,300) (34,300) Estimated Ending Fund Balance 343,998 393,198 A42,398 540,798 589,998 18 P Monroe County Fiscal Year 2020-2024 Capital Improvement Plan Capital Funds Cudjoe Waste Water Project(Fund 312) This fund accounts for the revenues and expenditures related to the construction of the Cudjoe Waste Water Revenues FY20 Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total Special Assessments 2,285,595 2,285,595 2,285,595 2,285,595 2,285,595 11,427,975 State Grant Funds 58,310 58,310 58,310 58,310 58,310 291,550 Less 5% (117,195) (117,195) (117,195) (117,195) (117,195) (585,975) Fund Balance Forward 6,008,837 189,924 189,924 183,032 183,032 6,754,749 Expenses FY20 Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total Special Assessment Admin 2,701,871 200,814 200,814 193,922 193,922 3,491,343 Cudjoe Reg Special Assessment Refund 25,000 25,000 25,000 25,000 25,000 125,000 Cudjoe Reg Clean Water-Loan Debt Service 207 5,508,675 2,125,740 2,125,740 2,125,740 2,125,740 14,011,635 Reserves 312 65,080 65,080 65,080 65,080 260,320 Cudjoe Waste Water 2019 2020 2021 2022 2023 2024 Fund 312 Estimate Estimate Estimate Estimate Estimate Estimate Beginning Fund Balance 17,201,328 13,271,391 7,379,750 7,307,021 7,234,292 7,168,455 Revenue 8,076,276 2,343,905 2,343,905 2,343,905 2,343,905 2,409,742 Expense (12,006,212) (8,235,546) (2,416,634) (2,416,634) (2,409,742) (2,409,742) 7,379,750 7,307,021 "U ;2' `° 7,168,455 2014 Revenue Bond (Fund 314) This fund accounts for capital improvement projects finance by the 2014 Revenue Bond. The Bond is funded by the Infrastructure Sales Tax. Revenues FY20 Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total Transfers in from Fund 304 13,000,000 71710,000 20,710,000 Fund Balance Forward 7,957,456 1,088,696 J 100,000 1 603,584 1 9,749,736 20,957"' Expenses FY20 Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total Marathon Library 3,520,385 3,520,385 Cudjoe/Summerland Fire Station 539,300 539,300 Plantation Key Jail&Courthouse 16,605,771 8,798,696 100,000 25,504,467 Plantation Key Enabling Project 292,000 292,000 Reserve Fund 314 1 1 1 603,584 1 603,584 '584I - 1 30,459,736 2014 Revenue Bond 2019 2020 2021 2022 2023 2024 Fund 314 Estimate Estimate Estimate Estimate Estimate Estimate Beginning Fund Balance 26,862,491 9,749,736 1,792,280 703,584 603,584 Revenue 13,000,000 7,710,000 Expense (17,112,7S5) (20,957,456) (8,798,696) (100,000) 1584 603,584 19 FundsMonroe County Fiscal Year 2020-2024 Capital Improvement Plan Capital Long Key Waste Water Project(Fund 315) This fund accounts for the revenues and expenditures related to the construction of the Long Key Waste Water Project. Revenues FY20 Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total Interest Earnings 2,100 2,100 Fund Balance Forward 728,469 728,469 To s; 730,569 Expenses FY20 Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total Long Key Waste Water Assessment Program 730,569 730,569 Total Expenses 730,569 730,569 Long Key Waste Water 2019 2020 2021 2022 2023 2024 Fund 315 Estimate Estimate Estimate Estimate Estimate Estimate Beginning Fund Balance 734,060 700,060 Revenue 6,000 Expense (40,000) (700,060) Acquisition Land (Fund 316) This fund was established for the conservation, habitat protection,and mitigation of potential future takings liabilities. Revenues FY20 Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total Transfers in from Fund 304 1,250,000 750,000 600,000 1,400,000 4,000,000 Fund Balance Forwards 1,925,000 220,384 2,145,384 Interest 20,000 20,000 20,000 60,000 Total Revenues 3,175,000 770,000 620,000 1,640,384; Expenses FY20 Proposed FY2021 FY2022 FY2023 FY2024 5 Year Total Land Acquisition 3,175,000 770,000 62,000 1,640,384 5,647,384 Total E Qnses 3,175,000 770,000 62,000 1,640,384 Land Acquisition 2019 2020 2021 2022 2023 2024 Fund 316 Estimate Estimate Estimate Estimate Estimate Estimate Beginning Fund Balance 4,384,909 2,101,072 220,384 220,384 220,384 Revenue 40,000 1,270,000 770,000 620,000 1,420,000 Expense (2,323,837) (3,150,688) (770,000) (620,000) (1,640,384) Estimated Ending Fund Balance 2,101,072 220,384 220,384 220,384 20 THIS PAGE WAS INTENTIOANALLY LEFT BLANK. 21 JW;9A �t f h Roman Gastesi County Administrator 1100 Simonton Street Key West, Florida 33040