Item G LAND AUTHORITY GOVERNING BOARD
AGENDA ITEM SUMMARY
Meeting Date: September 3, 2014 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 2015.
Item Background: The proposed budget was reviewed by the Board on July 24, 2014. The Board is
scheduled to adopt the tentative budget on September 3, 2014 and the final budget on September 11,
2014.
Advisory Committee Action: N/A
Previous Governing Board Action: See above.
Contract/Agreement Changes: N/A
Staff Recommendation: Approval
Total Cost: $ Indirect Cost: $ Budgeted: Yes No .
Cost to Land Authority: $ Source of Funds:
Approved By: Attorney X 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 2015.
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,
2014 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 2015; NOW,
THEREFORE,
BE IT RESOLVED BY THE MONROE COUNTY COMPREHENSIVE PLAN LAND
AUTHORITY that the Budget of $18,213,376 in Attachment A be adopted as the
Tentative Budget for Fiscal Year 2015 and is hereby adopted.
PASSED AND ADOPTED by the Monroe County Comprehensive Plan Land Authority
at a meeting on this 3rd day of September 2014.
Chairman Heather Carruthers
Vice Chairman David Rice
Commissioner Danny Kolhage
Mayor Sylvia Murphy
Commissioner George Neugent
(Seal)
ATTEST: MONROE COUNTY COMPREHENSIVE
PLAN LAND AUTHORITY
Mark J. Rosch Heather Carruthers
Executive Director Chairman
Approved as to form and legality.
Adele V. Stones, Esquire
ATTACHMENT A
MONIR!OE COUNTY LAND AUTHORITY
FY 2015 BUDGET
Budget
FY 2015
Revenues:
Intergovernmental
TIMP-Key West ACSC 1,520,000
TIMP/Park Surcharge-FL Keys ACSC 1,500,000
TIMP/Park Surcharge-Administration 180,000
Cash Carry Forward
TIMP-Key West ACSC 8,173,893
TIMP/Park Surcharge-FL Keys ACSC 631,110
Assigned/Unassigned 7,146,972
Miscellaneous
Interest Income 20,000
Less 5% (958,599)
Total Revenues 18,213,376
Appropriations:
Salaries,Benefits,and Operating Expenses 371,200
Capital Outlay
Office Equipment 10,000
Property in FL Keys ACSC 2,339,160
Property in Key West ACSC 9,693,893
ROGO Reserve 4,799,123
Grants and Aid(Mortgages)
Property in FL Keys ACSC 0
Property in Key West ACSC 0
Reserves
Contingency 500,000
End of Year Cash 500,000
Total Appropriations 18,213,376