Item C1 LAND AUTHORITY GOVERNING BOARD
AGENDA ITEM SUMMARY
Meeting Date: September 12, 2013 Division: Land Authority
Bulk Item: Yes No X Contact/ Phone#: Mark Rosch / 295-5180
Agenda Item Wording: Approval of resolution adopting the Final Budget for fiscal year 2014.
Item Background: The proposed budget was reviewed by the Board on July 29, 2013. The budget
adoption schedule consists of three public meetings: adopting the tentative budget on September 4,
2013; discussing the budget on September 9, 2013; and adopting the final budget on September 12,
2013.
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 FINAL BUDGET FOR FISCAL YEAR 2014.
WHEREAS, the Monroe County Comprehensive Plan Land Authority (hereinafter "Land
Authority"), a land authority pursuant to section 380.0663, Florida Statutes, held a
public hearing on September 4, 2013 after 5:00 PM at the Nelson Government Center
on Key Largo, Monroe County, Florida, to amend and adopt a Tentative Budget for
Fiscal Year 2014; and
WHEREAS, the Land Authority held a final public hearing on the proposed budget on
September 12, 2013 after 5:00 PM at the Harvey Government Center in Key West,
Monroe County, Florida to amend and adopt a Final Budget for Fiscal Year 2014;
NOW, THEREFORE,
BE IT RESOLVED BY THE MONROE COUNTY COMPREHENSIVE PLAN LAND
AUTHORITY that the Budget of $16,462,804 in Attachment A be adopted as the Final
Budget for Fiscal Year 2014 and is hereby adopted.
PASSED AND ADOPTED by the Monroe County Comprehensive Plan Land Authority
at a meeting on this 12th day of September 2013.
Chairman Heather Carruthers
Vice Chairman Danny Kolhage
Commissioner Sylvia Murphy
Mayor George Neugent
Commissioner David Rice
(Seal)
ATTEST: MONROE COUNTY COMPREHENSIVE
PLAN LAND AUTHORITY
Mark J. Rosch Heather Carruthers
Executive Director Chairman
Approved as to form and legality:
Larry R. Erskine
ATTACHMENT A
MONROE COUNTY LAND AUTHORITY
FY 2014 BUDGET
Budget
FY 2014
Revenues:
Intergovernmental
Property Acquisition in Key West ACSC 1,425,000
Property Acquisition in FL Keys ACSC 1,310,000
Administration 165,000
Cash Carry Forward
Property Acquisition in Key West ACSC 6,114,954
Property Acquisition in FL Keys ACSC 1,143,724
Assigned/Unassigned 7,150,589
Miscellaneous
Tax Collector Excess Fees 0
Interest Income 20,000
Sale of Land 0
Donation 0
ACOE Grant 0
Mortgage Receivable 0
Less 5% (866,463)
Total Revenues 16,462,804
Appropriations:
Salaries and Benefits 241,200
Operating Expenses 121,500
Capital Outlay
Office Equipment 10,000
Property in FL Keys ACSC 3,276,027
Property in Key West ACSC 7,334,954
ROGO Reserve 4,274,123
Grants and Aid (Mortgages)
Property in FL Keys ACSC 0
Property in Key West ACSC 205,000
Reserves
Contingency 500,000
End of Year Cash 500,000
Total Appropriations 16,462,804