Item C1 LAND AUTHORITY GOVERNING BOARD
AGENDA ITEM SUMMARY
Meeting Date: September 13,_2012 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 2013.
Item Background: The proposed budget was reviewed by the Board on July 26, 2012. The budget
adoption schedule consists of three public meetings, adopting the tentative budget on September 5,
2012; discussing the budget on September 10, 2012; and adopting the final budget on September 13,
2012.
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 County Land Steward
Documentation: Included: X To Follow: Not Require&
Disposition: Agenda Item
RESOLUTION NO.
A RESOLUTION OF THE MONROE COUNTY
COMPREHENSIVE PLAN LAND AUTHORITY ADOPTING
A FINAL BUDGET FOR FISCAL YEAR 2013.
................
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 5, 2012 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
2013; and
WHEREAS, the Land Authority held a final public hearing on the proposed budget on
September 13, 2012 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 2013; NOW,
THEREFORE,
BE IT RESOLVED BY THE MONROE COUNTY COMPREHENSIVE PLAN LAND
AUTHORITY that the Budget of $14,860,746 in Attachment A be adopted as the Final
Budget for Fiscal Year 2013 and is hereby adopted,
PASSED AND ADOPTED by the Monroe County Comprehensive Plan Land Authority
at a meeting on this 13th day of September 2012.
Chairman Kim Wigington
Vice Chairman Heather Carruthers
Commissioner Sylvia Murphy
Commissioner George Neugent
Mayor David Rice
(Seal)
ATTEST: MONROE COUNTY COMPREHENSIVE
PLAN LAND AUTHORITY
—. R o—s'c h Kim Wigington
Executive Director Chairman
Approved as to form and legality:
Larry R. Erskine
ATTACHMENT A
MONROE COUNTY LAND AUTHORITY
FY 2013 BUDGET
Budget
FY 2013
Revenues:
Intergovernmental
Property Acquisition in Key West ACSC 1,235,000
Property Acquisition in FL Keys ACSC 1,161,000
Administration 144,000
Cash Carry Forward
Property Acquisition in Key West ACSC 4,312,745
Property Acquisition in FL Keys ACSC 1,576,038
Unreserved 7,174,108
Miscellaneous
Interest Income 40,000
Sale of Land 0
Donation 0
Miscellaneous 0
Mortgage Receivable 0
Less 5% (782,145)
Total Revenues 14,860,746
Appropriations:
Salaries and Benefits 236,000
Operating Expenses 121,500
Capital Outlay
Office Equipment 10,000
Property in FL Keys ACSC 4,095,737
Property in Key West ACSC 5,342,745
ROGO Reserve 3,849,764
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 14,860,746