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Item I1 L1 County �� � .�� �y,4 ' �, "tr, BOARD OF COUNTY COMMISSIONERS Mayor Heather Carruthers,District 3 �1 `ll Mayor Pro Tem Michelle Coldiron,District 2 The Florida.Keys` )-.�ff` Craig Cates,District 1 David Rice,District 4 w � Sylvia J.Murphy,District 5 County Commission Meeting September 3, 2020 Agenda Item Number: I.1 Agenda Item Summary #7271 BULK ITEM: No DEPARTMENT: Land Authority Governing Board TIME APPROXIMATE: STAFF CONTACT: Charles Pattison (305) 295-5180 5:05 P.M. Land Authority AGENDA ITEM WORDING: A Public Hearing and approval of a resolution adopting the Tentative Budget for fiscal year 2021. ITEM BACKGROUND: No changes have been made to the proposed budget since it was last reviewed by the Board on July 27, 2020. PREVIOUS RELEVANT BOCC ACTION: The Board reviewed the budget on July 27, 2020. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATION: Approval DOCUMENTATION: Tentative FY 2021 Budget 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: Packet Pg. 190 L1 Revenue Producing: If yes, amount: Grant: County Match: Insurance Required: Additional Details: REVIEWED BY: Mark Rosch Completed 08/27/2020 9:17 AM Charles Pattison Completed 08/27/2020 10:53 AM Kathy Peters Completed 08/27/2020 11:18 AM Board of County Commissioners Pending 09/03/2020 5:05 PM Packet Pg. 191 1.1.a RESOLUTION NO. N CD A RESOLUTION OF THE MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY ADOPTING A TENTATIVE BUDGET FOR FISCAL YEAR 2021. 76 WHEREAS, the Monroe County Comprehensive Plan Land Authority, a land authority 0 pursuant to section 380.0663, Florida Statutes, held a public hearing on September 3 2020 after 5.00 PM via Communications Media Technology using a Zoom Webinar platform to amend and adopt a Tentative Budget for Fiscal Year 2021; NOW, THEREFORE, BE IT RESOLVED BY THE MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY that the Budget of $18,053,935 in Attachment A be adopted as the Tentative Budget for Fiscal Year 2021 and is hereby adopted. PASSED AND ADOPTED b the Monroe Count Comprehensive Plan Land Authority Y Y p Y at a meeting on this 3rd day of September 2020. Mayor Heather Carruthers y Commissioner Craig Cates Commissioner Michelle Coldiron Commissioner Sylvia Murphy Chairman David Rice (Seal) ATTEST: MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY Charles G. Pattison David P. Rice Executive Director Chairman Approved as to form and legality: Adele V. Stones, Esquire Packet Pg. 192 1.1.a ATTACHMENT A MONROE COUNTY LAND AUTHORITY FY 2021 BUDGET Budget CD FY 2021 cv Revenues: Intergovernmental 76 Tourist Impact Tax -Acquisition - Key West 1,900,000 Tourist Impact Tax -Acquisition - FL Keys 1,615,000 Park Surcharge-Acquisition 306,000 Administration -Tourist Impact Tax & Park Surcharge 219,000 Fund Balance Forward Tourist Impact Tax -Acquisition - Key West 7,305,289 Tourist Impact Tax -Acquisition - FL Keys 0 Park Surcharge-Acquisition 0 Assigned and Unassigned 7,583,853 Miscellaneous Interest Income 75,000 m Less 5% (950,207) Total Revenues 18,053,935 0 Appropriations: Salaries, Benefits, and Operating Expenses 618,684 Capital Outlay Office Equipment 10,000 Property in FL Keys ACSC 3,926,714 Property in Key West ACSC 9,205,289 ROGO Reserve 3,293,248 Reserves c Contingency 500,000 End of Year Cash 500,000 Total Appropriations 18,053,935 2 cv cv Packet Pg. 193