Item R7 R7
BOARD OF COUNTY COMMISSIONERS
COUNTY of MONROE �� i Mayor Holly Merrill Raschein,District 5
The Florida Keys Mayor Pro Tern James K.Scholl,District 3
Craig Cates,District 1
Michelle Lincoln,District 2
' David Rice,District 4
Board of County Commissioners Meeting
January 31, 2024
Agenda Item Number: R7
2023-2040
BULK ITEM: No DEPARTMENT: Budget and Finance
TIME APPROXIMATE: STAFF CONTACT: John Quinn
N/A
AGENDA ITEM WORDING: A public hearing to consider approval of a resolution amending the
fiscal year 2024 budget for the One Cent Infrastructure Surtax, Fund 304.
ITEM BACKGROUND:
The amendment for Fund 304 is needed to align the budgets with revenues and expenditures of ongoing
capital improvement projects. This is performed once every year as a mid-year adjustment and is of
routine nature.
PREVIOUS RELEVANT BOCC ACTION:
On September 20, 2023, the BOCC approved the FY2024 Operating and Capital Project Budget.
On December 13, 2023, the BOCC gave approval to advertise a public hearing for a budget amendment
for FY2024 for various capital improvement funds.
INSURANCE REQUIRED:
No
CONTRACT/AGREEMENT CHANGES:
STAFF RECOMMENDATION: Approval
DOCUMENTATION:
Fund 304 - Budget Amendment-Resolution - 1.31.24.pdf
FINANCIAL IMPACT:
4732
Resolution No. -2024
A RESOLUTION CONCERNING THE RECEIPT OF UNANTICIPATED FUNDS
WHEREAS,it is necessary to conduct a public hearing as required by section 129.06,Florida Statutes,to amend the following:
One Cent Infrastructure Surtax Fund 304 for the fiscal year beginning October 1,2023 and ending September 30,2024,now therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY,FLORIDA,that a Public Hearing was
conducted on January 31,2024 to amend the One Cent Infrastrucuure Surtax Fund 304 and to adopt the amended budgets as follows:
One Cent Infrastructure Surtax Current Inc./(Dec.) Revised
Revenues: Budget Budget
304-RC_00008 Discretionary Sales Tax 1 Cent $32,119,391.00 $0.00 $32,119,391.00
304-RC_00029 Special Assessment Capital Project $2,785,400.00 $0.00 $2,785,400.00
304-RC_00299 Interest Earnings $50,000.00 $0.00 $50,000.00
304-RT_00132 F_403 to F_304 $4,645,645.00 $0.00 $4,645,645.00
304-RC_00384 Debt Proceeds $13,306,800.00 $0.00 $13,306,800.00
304-RC_00396 Less 5%FL Statute ($1,741,770.00) $0.00 ($1,741,770.00)
304-RC_00397 Fund Balance Forward $22,124,072.00 $7,987,040.00 $30,111,112.00
Total $73,289,538.00 $7,987,040.00 $81,276,578.00
Appropriations:
304 22004 5***** County Engineer Construction Man. $2,893,819.00 $0.00 $2,893,819.00
304 22005 530310 Finance Miscellaneous $500,000.00 $0.00 $500,000.00
304 22022 530310 County Engineer Maintenance $562,655.00 $0.00 $562,655.00
304 22031 530310 Big Coppitt Key Wastewater $51,680.00 $0.00 $51,680.00
304 22032 530310 Duck Key Wastewater $31,000.00 $0.00 $31,000.00
304 22033 530310 Cudjoe Key Wastewater $150,791.00 $0.00 $150,791.00
304 22034 530310 Stock Island MSTU $10,000.00 $0.00 $10,000.00
304 22035 530310 Long Key MSTU $10,000.00 $0.00 $10,000.00
304 22036 530310 Duck Key MSTU $10,000.00 $0.00 $10,000.00
304 23016 530310 Boca Chica Shoreside Facility $40,000.00 $0.00 $40,000.00
304 24003 530310 Ocean Reef Building/Fire Boat $361,000.00 $703,000.00 $1,064,000.00
304 24005 530310 Jefferson Browne $850,000.00 $0.00 $850,000.00
304 24007 510000,530310 Public Defender Simonton Property $876,994.00 $167,000.00 $1,043,994.00
304 24009 530310,560600 Rockland Key Facility $1,445,000.00 $0.00 $1,445,000.00
304 24010 530310 HMPG Wind Retrofit $218,614.00 $595,886.00 $814,500.00
304 24011 530310 Gato Building Repairs $240,000.00 $0.00 $240,000.00
304 24014 530310 SOE Bayshore Manor Renovation $352,600.00 $0.00 $352,600.00
304 24015 530310 HMGP Generators $137,500.00 $6,400.00 $143,900.00
304 24016 530310 Historic Courthouse Envelope Rest. $451,062.00 $0.00 $451,062.00
304 25001 530310 Higg's Beach Master Plan $100,000.00 $50,000.00 $150,000.00
304 25005 530310 Rowell's Marina $80,200.00 $55,810.00 $136,010.00
304 25007 530310 Upper Keys Activity Center $30,276.00 $0.00 $30,276.00
304 25008 530310 Middle Keys Activity Center $20,554.00 $0.00 $20,554.00
304 25009 530310 Lower Keys Activity Center $1,750,000.00 $0.00 $1,750,000.00
304 26001 560600 Trauma Star Helicopter Replacement $13,306,800.00 $0.00 $13,306,800.00
304 26002 530310 KL Fire Hydrants $150,000.00 $0.00 $150,000.00
304 26003 560600 Fire&Ambulance Fire Truck $837,000.00 $930,910.00 $1,767,910.00
304 26004 5***** MCSO Generator $3,182,628.00 $0.00 $3,182,628.00
304 26009 530310 MCSO Cudjoe Substation $50,000.00 $0.00 $50,000.00
304 26010 530310 MCSO Marathon Substation $660,000.00 $0.00 $660,000.00
304 26013 530310 Sugarloaf Fire station $5,908,265.00 $0.00 $5,908,265.00
304 27001 530310 Twin Lakes $2,000,000.00 $0.00 $2,000,000.00
304 27007 530310 Seaview Drive Bridge Replacement $1,489,089.00 $3,014,593.00 $4,503,682.00
304 27010 530310 Key Largo III $1,075,354.00 $457,356.00 $1,532,710.00
304 27011 530310 Bimini Drive Bridge Replacement $400,000.00 $0.00 $400,000.00
304 27012 530310 Harbor Drive Bridge Replacement $5,257,282.00 $0.00 $5,257,282.00
304 27013 530310 Sands Subdivision Sea Level Rise $493,370.00 $0.00 $493,370.00
304 27015 530310 No Name Key Bridge Repair $506,178.00 $0.00 $506,178.00
304 27017 530310 Stillwright Point $450,000.00 $250,000.00 $700,000.00
304 27018 530310 Toms Harbor Channel Bridge $498,039.00 $191,121.00 $689,160.00
304 27020 530310 Key Deer Blvd North of Watson $300,000.00 $0.00 $300,000.00
304 27021 530310 Conch Key Roads SLR $324,257.00 $0.00 $324,257.00
304 27022 530310 Ocean Bay Drive Bridge Repair $0.00 $200,000.00 $200,000.00
304 27023 530310 Stillwright Point Road Paving $0.00 $115,000.00 $115,000.00
304 27024 530310 Flagler Ave Road Paving $0.00 $1,249,964.00 $1,249,964.00
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304 86502 581000 Budgeted Transfers 304 $22,629,813.00 $0.00 $22,629,813.00
304 85532 590990,590991 Reserves 304 $2,597,718.00 $0.00 $2,597,718.00
Total $73,289,538.00 $7,987,040.00 $81,276,578.00
BE IT FURTHER RESOLVED BY SAID BOARD,that the Clerk of said Board,upon receipt of the above,is hereby authorized and
directed to make necessary changes of said items,as set forth above.
PASSED AND ADOPTED by the Board of County Commissioners of Monroe County,Florida,at a regular meeting of the Board on the
3 1"day of January,AD 2024.
Mayor Holly Merrill Raschein
Mayor Pro Tem James K.Scholl
Commissioner Craig Cates
Commissioner Michelle Lincoln
Commissioner David Rice
BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNTY,FLORIDA
By:
Mayor/Chairman
(Seal)
Attest: KEVIN MADOK,Clerk
As Deputy Clerk
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