Item E1 E1
BOARD OF COUNTY COMMISSIONERS
COUNTY of MONROE Mayor Craig Cates,District 1
The Florida Keys Mayor Pro Tern Holly Merrill Raschein,District 5
Michelle Lincoln,District 2
James K.Scholl,District 3
m' David Rice,District 4
Budget Meeting Meeting
September 6, 2023
Agenda Item Number: E1
2023-1325
BULK ITEM: No DEPARTMENT: Land Authority Governing Board
TIME APPROXIMATE: STAFF CONTACT: Christine Hurley
AGENDA ITEM WORDING: A Public Hearing and Approval of a Resolution adopting the Monroe
County Land Authority Tentative Budget for Fiscal Year 2024
ITEM BACKGROUND:
No changes have been made to the proposed budget since it was reviewed by the Governing Board on
July 18, 2023.
PREVIOUS RELEVANT BOCC ACTION:
The Board reviewed the proposed budget on July 18, 2023.
CONTRACT/AGREEMENT CHANGES:
N/A
STAFF RECOMMENDATION: Approval
DOCUMENTATION:
2024 ResolTent.pdf
FINANCIAL IMPACT:
N/A
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RESOLUTION NO.
A RESOLUTION OF THE MONROE COUNTY
COMPREHENSIVE PLAN LAND AUTHORITY ADOPTING
A TENTATIVE BUDGET FOR FISCAL YEAR 2024.
WHEREAS, the Monroe County Comprehensive Plan Land Authority, a land authority
pursuant to Section 380.0663, Florida Statutes, held a public hearing on September 6,
2023 after 5.00 PM at the Harvey Government Center in Key West, Monroe County,
Florida to adopt a tentative Budget for Fiscal Year 2024; and
WHEREAS, the public hearing participants were also provided the option of
participating in said hearing via Communications Media Technology using a Zoom
Webinar platform; NOW, THEREFORE,
BE IT RESOLVED BY THE MONROE COUNTY COMPREHENSIVE PLAN LAND
AUTHORITY that the Budget of $35,418,143 in Attachment A be adopted as the
Tentative Budget for Fiscal Year 2024 and is hereby adopted.
PASSED AND ADOPTED by the Monroe County Comprehensive Plan Land Authority
at a meeting on this 6th day of September 2023.
Commissioner Craig Cates
Commissioner Michelle Lincoln
Commission Holly Raschein
Commissioner James Scholl
Chairman David Rice
(Seal)
ATTEST: MONROE COUNTY COMPREHENSIVE
PLAN LAND AUTHORITY
Christine Hurley David P. Rice
Executive Director Chairman
Approved as to form and legality:
Gregory Oropeza, Esquire
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ATTACHMENT A
MONROE COUNTY LAND AUTHORITY
FY 2024 BUDGET
Budget
FY 2024
Revenues:
Intergovernmental
Tourist Impact Tax - Restricted - Key West 2,962,155
Tourist Impact Tax - Restricted - FL Keys 3,280,428
Park Surcharge - Restricted 378,837
Tourist Impact Tax & Park Surcharge - Administration 370,650
Fund Balance Forward
Tourist Impact Tax - Restricted - Key West 12,887,903
Tourist Impact Tax - Restricted - FL Keys 0
Park Surcharge - Restricted 0
Assigned and Unassigned 12,671,283
Miscellaneous
Interest Income 250,000
Sale of Land 4,481,000
Less 5% (1,864,113)
Total Revenues 35,418,143
Appropriations:
Salaries, Benefits, and General Operating Expenses 1,152,000
Operating FL Keys ACSC - Forgivable Mortgages 0
Operating FL Keys ACSC - Construction Funding 0
Operating Key West ACSC - Forgivable Mortgages 0
Operating Key West ACSC - Construction Funding 0
Capital Outlay
Office Equipment 10,000
FL Keys Area of Critical State Concern 14,112,837
ROGO Reserve 3,293,248
Key West Area of Critical State Concern 15,850,058
Reserves
Contingency 500,000
End of Year Cash 500,000
Total Appropriations 35,418,143
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