Item O2
BOARD OF COUNTY COMMISSIONERS
AGENDA ITEM SUMMARY
Meeting Date: April 21, 2004
Division: Monroe County Housing Authority
Bulk Item: Yes X
No
Department:
AGENDA ITEM WORDING: A RESOLUTION OF THE BOARD OF COUNTY
COMMISSIONERS OF MONROE COUNTY, FLORIDA URGING THE FLORIDA
LEGISLATURE TO REAUTHORIZE AND FULLY FUND THE STATE AND LOCAL
HOUSING TRUST FUNDS FOR FISCAL YEAR 2004-2005.
ITEM BACKGROUND:
Currently the Governor's proposed 2004-2005 State Budget calls the funding of the Affordable
Housing Trust fund of $192,999,493. Under the proposed budget, Monroe County will receive
$633,319, an amount which is $605,159 below full funding of $1,238,478. Additionally, this
year the reauthorization of the Affordable Housing Trust Fund as a dedicated source of revenue
for affordable housing is before the Governor and Legislature.
PREVIOUS RELEVANT BOCC ACTION:
2003 - Adoption of Resolution supporting full funding of the Affordable Housing Trust Fund by
the Governor and Legislature.
CONTRACT/AGREEMENT CHANGES:
N/A
STAFF RECOMMENDATION:
Approve
TOTAL COST:
$-0-
BUDGETED: Yes
No
COST TO COUNTY:
$-0-
SOURCE OF FUNDS:
N/A
REVENUE PRODUCING: Yes No X
APPROVED BY, County Attny. $ 0
DIVISION DIRECTOR APPROV AL:
AMOUNT PER: Month Year
ch ing _ Risk Management _
anuel Castillo, Executive Director
Monroe County Housing Authority
DOCUMENTATION:
Included
To Follow
Not Required X
AGENDA ITEM # 02...
DISPOSITION:
Rev. 01/03
RESOLUTION NO.
- 2004
A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF MONROE
COUNTY, FLORIDA URGING THE FLORIDA LEGISLATURE TO REAUTHORIZE
AND FULLY FUND THE STATE AND LOCAL HOUSING TRUST FUNDS FOR
FISCAL YEAR 2004-2005.
WHEREAS, the Governor's proposed Fiscal Year 2004-2005 Budget reduces the State Housing
Trust Fund, which funds such programs as SAIL, by approximately $52 million and reduces the
Local Government Housing Trust Fund, which funds such programs as SHIP by approximately
$115 million; and
-
WHEREAS, the state and local housing trust funds must be reauthorized in 2004, and to that
end the Senate has filed SB 1000 and SB 1002, reauthorize the state and local housing trust
funds; and
WHEREAS, the William E. Sadowski Affordable Housing Act of 1992 deliberately used the
documentary stamp tax as its revenue source because of its nexus with the development of
affordable housing and because it is a growth vehicle, necessary to keep pace with escalating
land and housing costs; and
WHEREAS, without a trust fund that can rely on full funding of a dedicated revenue source,
housing funding will be uncertain and will likely remain stagnant or decrease; and
WHEREAS, the trust funds should not be reduced, because they are the single greatest highly
leveraged economic engine for our economy, and serve first time homebuyers, working families,
the elderly, persons with disabilities, and the homeless; and
WHEREAS, the estimated loss in SHIP funding for FY04-05 to Monroe County is $605.159.
NOW, THEREFORE, BE IT RESOLVED, by the Board of County Commissioners of
Monroe County, Florida, that the County hereby:
The Monroe County Board of County Commissioners urges the Legislature to fully fund the state
and local housing trust funds without any reduction in funding. Further, the Monroe County
Board of County Commissioners urges the Legislature to act quickly to reauthorize the state and
local housing trust funds, and pass SB 1000, and SB 1002.
PASSED AND ADOPTED, by the Board of County Commissioners of Monroe County, Florida
at a regular meeting on said Board on the _ day of , A.D., 2004
Mayor Nelson
Commissioner Rice
Mayor Emeritus Neugent
Commissioner McCoy
Commissioner Spehar
BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNTY, FLORIDA
By:
Mayor Nelson
SEAL
Approved as to form and legal sufficienc
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ATTEST: