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Item B2 County Administrator's Fiscal Year 2022 Recommended Budget Roman Gastesi, County Administrator Tina Boan, Director Budget & Finance September 8th, 2021 Harvey Government Center Key West, FL FY22 Budget Process • September 8th — First Public Hearing - Adoption of Tentative Millage Rate and Tentative Budget • Harvey Government Center, Key West • September 9th — Special Budget Meeting — BOCC Discussion (Not Required) • Marathon Government Center, Marathon • September 15th — Final Public Hearing — Adoption of Final Millage Rate and Final Budget • Murray E. Nelson Government Center, Key Largo lYear 2022Budget Summary F � sca . .. „ _ : FY22 . %:of Revenue:.- :Proposed:: : Total Ad Valorem Taxes Budgeted Ad Valorem 105,691,939 1 $105,691,939 23% Delinquent Taxes Health Department 1,398,760 $2.13,500 0% Local Option,Use&Fuel Taxes . . Total Ad Valorem 107,090,699 $69,426,456. : 15% Licenses,Permits&Impact Fees :$9,348,344. 2% Intergov. Rev./Grants,.PILT, Shared Taxes : $22,158,240 4% Charges for:Services: : -$87,0.18,301 • •19% Fines:&Forfeitures - - `` $2928,100;... 1%. Miscellaneous : : $3,663,996 ': : 1% Interfund Transfers : ;: . $34,649,213 8% Debt Proceeds . . . . . , $0 0% Fund Bal Ewd/Less 5% ;-. : • :. .- $122 213,684 27% Total Sources. .... .. • C$457 311`773� 10.0% Expenditure Proposed - Total. B.O.C.C. Operating : $188,336,909 41% !Capital Projects,including Debt Service $50,844,144 11% Sheriff $70,814,577 15% iTourist:Development Council - y , . $54,340,406 12%! Tax,Collector $7,431,007 2% Judicial, State Attorney,Public Defender ; . $4,813,737 1% Property Appraiser ` $5,201,539 1% SClerk of the Courts $6,512,700- 104 !Supervisor of Elections $2;234,868 . . 0% iBudget Transfers,Cash Balance&Reserves $66,781,886 14%1 Total Uses _ C.,$457,311,773 � 100NI 3 FY22 Total Appropriations Public I I 1 I 1 1 I BOCC Clerk of" Property: . Supervisor:of Sheriff Tax Collector Judicial $ 188.3M Courts Appraiser. . Elections $.70.8M :: $.7.4M :: $:3.4M $.6.5M . . .. . $:5.2M . $2.2M- Operating Departments i ; BOCC Operating ;! $ 188.3M I; 41% 0 � - $285.3M onatitutionaI : :i:1:il: $ 97.•O.M ,` 22% State Attorney Capital. Projects w/Debt Svc. $ 50.8M ; 11% $ 742;8K Tourist Development Council $ 54.3M t' 12% Public Budget Transfers, Reserves & $ 66.8M 14% Defender Cash Balance $ 705 K; Total $ 457.3M 100% 4 • • AD Distribution .AD-Valorem,Property Tax' 1;012;732 7% State.Attorney 407,780,Public Defender 604,952 Sheriff. 2,224,950 : 2% Judicial'Court:Administrator. 56;356,774 Fund 101 :2,034,868 • 2%` -Supervisor.Of Elections • 4;987,608 Fund 149 4;701589 4% Property Appraiser 61,844,382 4,423 659 4%: Tax Collector 5 20Q;'.000 $%. .:Cler'k of Court >61344 382;- ;57% ,:Sheriff Law Enforcement �PubIic Safet o , 1,398,760 % MC Health Department 14,214,218 13%. ;Fire&Ambulance 96,555;008, 90% ,constitutuonal ofFicers/Puhlic Safety;. • 2,686;1 . 14 31 ParksBeaches;&;Recreattori : 2,224594 2% MiddleKeys Health.Care 2,040000 • 2% ::Huenan;Ser ncesAdvisory Board 1,300;000 1% 'Tax IncrementiFinancing Dist:COOL 2;284;983 2% BOCC Operating Departments Balance of funding from sources-discussed on pg.4 107,090,699 100% 5 County-Wide Gross Taxable Property Values vs . Ad Valorem Tax Levy $32:2-B $30.1 Billions $26.3 $26.6 $28.5 4 $24.9 I $�3:0 b---__. $19.6 $20.2 $21. PI :.5 • 19.1 ` im ii.,, wir.:,:----- - - -- T , ' lull ' III ull ' Ili 1 _ Millions $85.3 $85.3 $82.2 $'78.1 $75.3 $77.1 $79.6 $80.3 $80.9 $84.9 $90.8 $95.3 $100.5 $107.1M Taxable Value 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Change over -7.6% -14.9% -12.5% -5.2% 0.9% 2.1% 5.8% 5.8% 7.6% 8.2% 6.5% 7.2% 5.6% 7.2% Previous Year • ■ ■ ■ I I ■ I ■ ■ ■ n E3 ■ I FY 09 FY 10 j FY 11 : FY 12 I FY 13 I FY 14 FY 15 j FY 16 FY 17 ' FY 18 € FY 19 FY 20 FY 21 ' FY 22 Budget I Budget j Budget I Budget Budget i Budget- Budget Budget -Budget 1 Budget ; Budget Budget Budget Budget LER-)prior year tax levy j 6,138,3201 65,301 (3,135,683)j (4,078,537) (2,877,412)1 1,848,033 2,481,692 L 747,699 574,673 j 4,027,266 r 5,904,725 4,505,206 5,197,449 ; 6,551,636 illAbove -below roll back 1 7.78 0.28i 3.79 4.75 2.692 2.67 2.75 0.03 0.33 3.841 5.86 3 14 3 75, 5.47' FY20 included new Middle Keys ' 6 Health Care MSTU ($2 Million) Major Revenue. COVID- 19 FY20 State State Estimated Revenue Source Estimates FY20 Actual Revenue Loss Communications Services Tax 563,159 487,925 (75,234) County Revenue Sharing 2,628,783 2,573,873 (54,910) Local Discretionary Sales Surtax 24,867,234 19,863,169 (5,004,065) Local Government Half-cent Sales Tax 12,880,635 10,519,162 (2,361,473) Constitutional Fuel Tax 2,623,169 2,436,573 (186,596) County Fuel Tax 1,153,998 1,069,221 (84,777) Local Option Fuel Taxes 1,916,634 1,773,239 (143,395) Ninth-cent Fuel Tax 547,068 522,425 (24,643) Total Revenue Loss 47,180,680 39,245,588 (7,935,092) Non-State Estimated Revenue Source FY20 Budget FY20 Actual :. Revenue Loss Tourist Impact 4,711,220 4,011,963 (699,257) Trauma Star 8,150,000 7,062,106 (1,087,894) Ambulance 650,000 635,765 (14,235) Planning 2,775,000 2,780,745 5,745 Life Safety,Planning Fees 375,000 495,950 121,950 Code 2,185,000 1,526,239 (658,761) Building Permits 5,800,000 4,996,531 (803,469) _ Total Revenue Loss 24,646,220 21,510,299 (3,135,921) TOTAL REVENUE LOSS 71,826,900 60,755,887 (11,071,013) 7 Budget Actions Taken COVID- 19 • March 23rd - Closed the Keys • Immediate action to identify, analyze and estimate potential revenue shortages and at-risk revenue • Immediately instituted hiring freeze and purchasing freeze; furloughed 40.5 employees ($3. 17M savings) • Suspended discretionary spending • Deferred work wherever possible 8 COLA & Merit Increase History _ Budget Fiscal Non-Union'BOCC Employees Teamsters Firefighters-Non. Firefighters- CPI* Year Bargaining Unit Bargaining Unit FY11/FY12 Budget ij No Change i No Change !; 3%COLA& 3-5% it 3%COLA& 3- , 2.7/1.5 l` ___ --__ _ j Step _._____-.-u.-__li 5%Step FY13 Budget -3%New Deduction FRS -3%New Deduction FRS -3% New Deduction FRS -3%New Deduction 3.0 3%for FRS law change&2%COLA 3%for FRS law change&2%COLA No Change FRS No Change i FY14 Budget ,I No Change _ it No Change 04 No Change__ No Change - 1.7 `_, FY15 Budget 0%-5% 0%-5% No Change No Change 1.5 Performance-based/Merit Performance-based/Merit (no COLA-average 3%) (no COLA-average 3%) FY16 Budget 2% ; 2� iI 2% 1 2/ 0.8 II Performance-based/Merit i' Performance-based/Merit 11 (0.8%COLA,1.2% i; (0.8%COLA,1.2% ' 1 ; 1.2%Performance) 1, (0.8%COLA, (0.8%COLA,1.2%Performance) {I Performance) II Performance) FY17 Budget 4% 4% 4% 4% 0.7 Performance-based/Merit Performance-based/Merit (0.7%COLA, (0.7%COLA, (0.7%COLA,3.3%Performance) (0.7%COLA,3.3%Performance) 3.3%Performance) 3.3%Performance) I FY18 Budget I1 4% ii 4% I1 4%(2.1%COLA,1.9% IE 4% , 2.1 , Performance-based/Merit li Performance-based/Merit 1 Performance) it (2.1%COLA,1.9% ' ' ' i (2.1%COLA,1.9%Performance) (2.1%COLA,1.9%Performance) iI '; Performance) FY19 Budget 2.1%COLA 2.1%COLA 2.1%COLA 2.1%COLA 2.1 (Hurricane urricane IRMA) No Performance-based/Merit No Performance-based/Merit No Performance- No Performance- based/Merit based/Merit FY20 Budget II 4%- _ i 4% - 14% 4% 1.9 i 1l Reimplement Performance-based/Merit k; Reimplement Performance-based/Merit III Salary Adjustment lj Salary Adjustment , L --____ _--- n__-__a__,? (1v9%COLA,2,1%Performance)_ �(_(1.9%COLA,2.1%Performance)_ �L_____-____--____,I_ _, _ _ _ -_.; :___ __ _._ _ ._.: FY21 Budget No COLA/Merit No COLA/Merit No COLA/Merit No COLA/Merit 2.3 (State COLA 3%for County funded positions- Judicial,Tax Collector and Property Appraiser) FY22 Budget; I�'3J%COLA& 1.3%Merit 11 3.7%COLA& 1.3% Merit II 5% ,1 7.86/ , , 1.4 i (COLA 2.3%&1.4%,Performance-based Merit)i a ,(Performance-based/Merit) !I Salary Adjustment j Salary Adjustment ` ' *CPI(Unadjusted ending Dec of 9 prior budget year) SalaryDiscussion Sheriff Bargaining Unit Salary Increases 7.86% $2,069,909 Non-Bargaining Unit Salary Increases 5% $738,739 Trauma Star Salary Increases 5% $153,573 Emergency Communications Department Salary Increases 5% $11,428 Total $2,973,649 Fire Rescue Bargaining Unit Salary Increases 7.86% $921,090 Non-Bargaining Unit Salary Increases 5% $60,201 Fire Rescue Total ' $981,291 All other BOCC (Non-Bargaining.Units and Teamsters): 5% 3.7 %COLA $1,285,311 1.3 % Performance- Based Merit $450,668 Other BOCC Total. $1,735,979 Constitutional Officers Property Appraiser Salary Increases 5% $184,798 Supervisor of Elections Salary Increases 5% $46,120 Clerk Salary Increases 5% $274,500 Total $505,418 10 South Florida Ad Valorem Tax Comparison FY21 Countywide Services-Property with $500,000 Taxable Value' FY19 Tax Levy$4,105,35 y (Millage Rate:8.2107). ®0i_ FY20 Tax Levy$3,965.60 .(Millage Ratef7.9312) FY21,Tax Levy$3.875.00 01 FY19 Tax Levy$2 39.0.75 (Millage Rate 4.7815) r: 7 (Millage Rate 7.75.00) FY20.Tax Levy$2,39075 FY19 Tax Levy$2,025.30 III m 1 I `" -.4` 71 (Millage Rate:4:.7815) (Millage Rate 4.0506 i= { �, r FY21 Tax Levy$2,390.75 I FY20 Tax Levy2,025.30 li4+ '�l -- -�e�� G , i tear, �i , {7:7 �' i[ �� 'I': (M,illa a Rate 4.7815 4i.,:- ,,,,,,relLr'i��e: Y __(Millage Rate 4.0506), I - FY21Tax Levy$2;025.30I e 4 (Millage Rate.4.0506 -" + --'I- ' i, 19 ` ;. Tax Levy$2,739._60 FY19 Tax Levy$1,782.25 • `1 '. .. I f. JI1DW I '! (Millage Rate 5 4792) 01 Q (Millage Rate 3:5645) �al� ' '' :` _ FY20;Tax Levy$2,743.90 � 111 �� i . FY20 Tax Levy$1,782.25 - I i (Millage Rate 5.4878) (Millage Rate 3 5645) P- - ,‘-:. 't*'.4.-P:::.- , i :- - ' NC FY21 Tax Levy$2,749.95 FY21 Tax Levy$1,782.25 - ..i I i Millage Rate 5 4999) - (Millage Rate:3.5645) i� �,'_ I. s 2019 Ado p ted Tax L_e_ v� $1,347 85: -f1FY19 Tax NI MO Levy$2,333.45 oar p Y ._.___._ _._ - (Millage Rate 2.6957) =F" �` 1 /'{ (Millage Rate 4 6669) EPFY20 Tax Lev ® � 2020 Adopted Tax Levy$1,294.05r1:7:0111 .._- y$2,333.45, Mills a Rate 2.5881 -J # (Millage Rate:46669) 2021 Adopted Tax Levy$1,289 05 FY21 Tax Levy$2,333.45 (Millage Rate 2.5781) (Millage Rate 4.6669) 2022 Proposed Tax L'evy_$1,289 05 '(Millage Rate 2 5781) .. do ., 1 Source: Florida Department of Revenue: Comparison of Property Taxes Levied 11 , Ad Valorem Taxes- FY22 Millage Levy County-wide Services Budget As assessed to an individual FY21 FY22 homeowner 550,000.00 $ 550,000.00 Assessed value of home Homestead exemption $ (50,000.00) $ (50,000.00) Taxable value of home $ 500,000.00 $ 500,000.00 X Proposed County-wide Millage Rate 2.5781 2.5781 Homeowner property tax levy $ 1 289.05 $ C1 289.05 As levied for the County-wide Budget County-wide taxable property value $ 30,017,184,425 $ 32,185,782,113 X County-wide millage rate 2.5781 2.5781 Property Tax Levy. $ 77,387,303 $ 82,978,165 *The County-wide tax levy supports the General Fund, Fine &Forfeiture Fund (BOCC and Elected Officials) along with Local $5 590 862 , , Health Department functions. 12 Save Our Homes-County-wide Millage As provided in Section 193.155(1),F.S.,beginning in 1995,or the year after the property receives homestead exemption,an annual increase in assessment shall not exceed the lower of the following: a.Three percent of the assessed value of the property for the prior year;or b.The percentage change in the Consumer Price Index(CPI)for all urban consumers. FY21 FY22 I Save our Homes Year CPI Change Cap , Cap 1.4% 380,280.00 385,603.92 , 5,323.92. i 1 2020 2.30% 2.30% (50,000.00) (50,000.00) 330,280.00 335,603 92 Taxable Value 2018 2.10% 2.10% - -_.__. . :N._ __-_ .__ __�.�__..__ .� _�_� r__�__,: _. . :�-_.� _...-._ _..__. _-- ; Maximum Increase Maximum Increase i 2017 2.10% 2.10% 2.5781 2.5781 1 Per Year Per month 2016 0.70% 0.70% 851.49 865.22 + 1.14 } FY20 : I FY21 Non-Homesteaded 2014 1.50% 1.50% I �.. ..__ Cap 10% 2013 1.70% 1.70% -563,862.00 620,248.,20 56;386.20 2012 3.00% 3.00% __ ___ ---_%.:_.______:.. 0 o j 563,862.00 j 620,248.20 Taxable Value: P 2011 1.50% 1.50% _ T._* .__ _ —__._ i ._ Maximum Increase ; Maximum Increase 2010 2.70% 2.70% : . 7. .. a 2.5781 2.5781... Per Year + Per month ; —1,453.69 �1;599 06 ` 145:37 I ( 1211 w ____ 2008 4.10% 3.00% �_. _- _-- -�- =- -- FY20 FY21 Commercial 10% Cap I 1,0__2__1,932.00 1,124,125.20 102,193.20 -1 - -^ 2.5781 2.5781 I, Max. Inc. Per Year I Max. Inc. Per monthl ____.__2,634.64_1______2,898111 1____� ____ 263.46 ! _—______._ 21.96 13 . . General Fund , Fund Balance General Operating Fund-Fund Balance 1 j i i I Audited FY19 (Audited FY20 1FY21 Projected 1 — — — Fund Balance LunBalance ( un Balance Fd Fd Bal 5,271,062 1 month Operating Capital 35,043,792 34,937,653 I 37,053,020 4.94 months of reserves at 9/30/21 I 1 Operating Capital ! 4 Months 1 5 Months 1 6 Months Projected FY22 Operating Budget 1 — 63,252,741 21,084,247 ; 26,355,309 _ 31,626,371 Hurricane/Disaster Reserve ti __ 11,000,000 , 11,000,000 , 11,000,000 f Minimum Fund Balance 1 32,084,247 37,355,309 j 42,626,371 14 Fiscal Year 2022 Capital Plan Discussion Revenue Estimates ..„4:„..„,.,,Infrastnucturie.Sale's-Suritax-":1 Revenue Estimates for Fiscal Year Ending September 30,2021 Year Amount %Change 1%Tax Rate-Default Formula 1990 $ 6,527,762 Local Government Distribution Percentage IEstimated Distribution 1991 $ 7,763,175 18.9% 1992 $ 8,546,742 10.1% MONROE BOCC 60.462135 19,381,987 1993 $ 10,027,642 17.3% Islamorada 6.001507 1,923,867 1994 $ 9,953,100_ -0.7% Key Colony Beach 0.734366 235,411 _ 1995 $ 10,746,262 8.0% Key West 24.322000 7,796,759 1996 $ 11,521,699 7.2% Layton 0.176828 56,685 1997 $ 12,009,003 4.2% Marathon 8.303164 2,661,696 1998 $ 13,217,392 10.1% Countywide Total 100.000000 32,056,405 1999 $ 12,996,907_ -1.7% 2000 $ 12,387,681 -4.7% 2001 $ 12,719,997 2.7% One Cent Infrastructure Sales Surtax History 2002 $ 12,645,370 -0.6% 2003 $ 12,884,890 1.9% $30,000,000 - - -- - - -- -- 2004 $ 15,365,641 19.3% 2005 $ 14,875,923 -3.2% 2006 $ 15,201,005 2.2% $20,000,000 ------ 2007 $ 15,200,286 0.0% 2008 $ 15,147,593 . -0.3% $15,000,000 ---- - 2009 $ 13,702,434_ -9.5% 2010 $ 14,085,030 2.8% $10,000,000 - - - - - 2011 $ 15,374,998 9.2% 2012 $ 16,318,450 6.1% $5,000,000 2013 $ 17,172,359 5.2% I- _ - -- -- - -- 2014 $ 18,653,970 8.6% O a-1 N m Cr In l0 N co O1 0 a-I N m Cr In 6.0 N CO 01 0 a-1 N CO Cr In 6,0 N 00 01 0 r 2015 $ 20,161,451 8.1% oO1i m 0011 o M rn rn a a', m m o o. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 N 1u a-1 a-1 N N N N N N N N N N N N N N N N N N N N N N N N N N N N N 2016 $ 20,817,676 3.3% N 2017 $ 21,510,929 3.3% N 2018 $ 20,805,323 -3.3% 2019 $ 23,583,643 13.4% One Cent Infrastructure 2021 2022 2023 2024 2025 2026 2020 $ 19,863,169 -15.8% Fund 304 Estimate Estimate Estimate Estimate Estimate Estimate 2021� $ , 2y4;9"40'565- ' ,_ ,25 6% Beginning Fund Balance 26,102,554 18,493,577 30,308,882 4,515,398 3,630,061 1,534,357 :2022 $ . 24,566,456. .. -1.5% Revenue 25,372,953 26,038,540 25,107,785 25;608,941 26,120,120 26,641,522 :2023 $ 25,057,785 ' 2.0% Expense (32,981,930) (34,223,235) (30,901,269) (26,494,278) (28,215,824) (27,112,979) 2024 $; 25,558,941' ; 2.0% : ; 8r x 5-01 3 N. n,`�EstimatedEndirig_FundlBalance� tu18,493,57r7 � �10,,308,882�i -„ �z„4, 5,39�y���m� ,63Q,061 1,534357 1,062,900 2025 $ '26,070,120 2.0% *As of 7/1/2021,the state is estimating that the FY2021 Sales Tax Revenue will be$19.4 million;however,we are estimating$24.9 million for Sales 2026 $ 26,591,521 2.0% Tax Revenue.On 8/24/2021,the state revised their FY2022 estimate to$25.5 million;however we conservatively estimating$24.5 million in Sales Tax Revenue. Actual revenue will change the ending fund balance estimate. 16 One Cent Infrastructure Sales Tax - Fund 304 Fiscal Year 2022 Canal Monitoring 49,767 Canal &Culvert Projects 75,000 Ocean Reef Building/Fire Boat 475,000 Public Defender/Simonton Property 1,321,821 Senior Nutrition Center 75,000 Rockland Key Facility 1,200,000 Higg's Beach (Atlantic Street Reallocation) 100,000 Jackson Square Chiller 2,000,000 Jefferson Brown 200,000 County Facilities Capital Projects 1,544,500 Big Pine Swimming Hole 547,708 Rowell's Marina 1,232,014 MCSO Generator 300,000 Trauma Star Helicopter Replacement 500,000 Fire &Ambulance Fire Truck 837,000 Key Largo Hydrants 150,000 Road Paving Backlog _ 385,000 1st Street/Bertha _ 405,012 Kohen Sub Division 475,718 Duval Mill & Pave 100,000 7 Mile Bridge 562,655 Twin Lakes 1,000,000 Admin Costs Engineering 2,343,402 Transfer to Fund 310 _ 250,000 Debt Service 2016 Revenue Bond 1,124,263 • Debt Service Cudjoe Reg 7,253,742 $15,032,341 Debt Service 2014 Revenue Bond 4,279,336 Key Largo ILA 2,125,000 Transfer to Fund 316 500,000 Cost Allocation to General Fund 533,877 Hurricane Irma Cost Share 500,000 Capital Reserves &Cash Balance 6,204,595 Total Appropriations $ 38,650,410 17 . . Five-Year CIP - Capital Projects FIVE-YEAR CIP UPDATE-CAPITAL PROJECTS r r - r i I Fund • PROJECTS FY 22 1 FY 23_-I FY 24 I FY 25 j FY 26 { 130-135 IAII Impact Fees(Fund 130-135) I 1,470,324 1,493,321 1 1,548,247 i 1,671,383 1 1,787,4_01 I 102 ISustainability RoadsLIDAR/Pilot Program L I 102 ICudjoe Garden Trail 58,4021 - 132 !Library Automation 25,000 I I _ 304 (Canal Monitoring 49,767 I I I 304 Canal&Culvert Projects ! 75,000 1 _ - I 310 I Big Coppitt Waste Water 30,0001 30,000'.. 30,000 30,000 j 30,0001 r - - -- 311I!Duck Key Waste Water I l 35,000 35,000 t 35,000 ater - I 231,596 231,596I- _231596 -- _ - --- 1 30,000 35 000 - - - - - oe Waste 316 `Land Key Waste Water Project l 1,212,715 231 596 r__ 315 g y je AcquisitionI I 304 _Jefferson Brown _ _200,000 I I_ _ _ I 304 Public Defender/Simonton Property I - 1,321,821 r 1,077,500 i - j 304 ;Senior Nutrition Center 75,000I , 2,675,0001 1,685,000 304 I Building Automation Replacement(Siemens) - I 304 1Rockland Key Facility 1200 000 I 200,000 I j 304 Jackson Square Chiller Building 2,000,000 I 2,000 000 _ I _ __ -I 304 !County Facilities Capital Projects -. 1 1,544,500 I r _ I ( 131 ;Key Largo Park Pickleball Courts 178,500 304 Trauma Star Helicopter Replacement 500,000I 500000 500,000 500,0001 500,000I 304 Ocean Reef Bldg./Fire Boat__._- 475,000 ` _r -.1 304 Higgs Beach Street Relocate 100,000 1,969,542 1,000,000 304 (Big Pine Swimming Hole 547,708 j 304 I Rowell's Marina i 1,232,014 r 314. .Marathon Library g _ I �-. i ' 304 Se,view Drive Bridge Replacement - y _-- 3231,594 f- 1,364,969 i-- ; 304 Tin Houses i 304 MCSO Generator 300,000 2,400,000' --- )-----_. ' 304 [Key Largo Fire District Hydrant Funding - 150,000 1 - 150,000, 150,000 I 304 IFire&Ambulance Fire Truck_ 837,000 I 1 I I 314 ICudjoe Fire Station _.. ._. .. I 314 !PK Jail&Courthouse 1 3,200 -T 0_00 304 win Lakes _ 1 000 000 1000 000 ! 304 [Road Paving Backlog 5 Yr.Plan 385,000 i -' 1 - 304 I lst and Bertha __ _ 405 012 1 i _ T f 304 I Koehn Sub Division 475,718 i 304 [Road&Bridge Phase II I I 1,000,000 l 4,500 000 304 lAdmm Costs 2,343,402' 2,343,402 2,343,402 1 2 332,906,-2,332 906_ 102 !Road&Bridge Operating/Projects 1 9,039,882! 10 303,205 r 8,434,443 7,053,339 I 7,053 339 � �_. _-._. .._i . ._ - --- 304 IDuval Mill&Pave 100,000 . I -_ 304 7 Mile Bridge Escrow 562,655 562 655[ 562,655-� 562,655 I 562,655 304 !College of theFLKUpperKeys - 1 I I I 304 ;Poinciana Gardens } V [ I I - 306 !Clerk of Court Network System 100,000 j I I 18 Total of CIP Projects 31956,016 I 25,558 273 L 15,200,312 18,061,421 j 19,717 897 Five-Year CIP — Capital ProJjects _ _ . _ . _, , , TRANSFERS FOR DEBT FY 22 FY 23 i FY 24 FY 25 1 FY 26 Fund PAYMENT.OBLIGATIONS'&PROJECTS I 1 r 308 ITransferto 304 868,914 1 304 Transfer to 314-2014 Revenue Bond _ - _ - 1 i 304 ;Transfer to 316 ! 500,000-' --___._ � ____ � ___.—___I____.-_.__. .____. � _..._-? 3.04 Transfer to 310 _ 250,000 350,000 350,000 375,000 I 375,000 315 Transfer to 304 425,000 _ 304/310 'Debt Service Big Coppit SRF —_ 682,0001 __682,000 682,000 T 682,000 682,000 304 !Debt Service 2016 Revenue Bond j 1,124,263 1,119,053 - 1,118,674 5,403,042I 5,399,739I 304/312 Debt Service Cudjoe Reg.SRF-Fund 312 I 9,379,482 9,379,482 9,379,482 9,379,482 ! 9,379,482 — 304 iDebt Service 2014 Revenue Bond Fund 314 4,279,336 4,280,172 4,283,766 304 !Key Largo ILA 2,125,000 2,125,000 2,125,000 2,125,000 i 125,0001 102 Cost Allocation for Fund 102 i 408,919 408,919_ _ 408,919 408,919 I 408,919 304 Cost Allocation for Fund 304 ! 533,877 533,877 533,877 533,877 j 533,877 1 304 I Budgeted Transfer to Fund 125 - i 304 1-Hurricane IRMA cost share est.CAT c,d,e,g 500,000 I_ All CIP Capital Reserves&Cash Balance 9,069,550 I 7,333,8621 10,313,443 8,594,349 i 7,585,102 I 'Total Appropriations j 62,102,357 51,770,638 44,395,473 I 45,563,090 44,207,016 19 Thank You 20