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Item P07 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: Januaty 17. 2007 Division: County Administrator Bulk Item: Yes -X- No Department: County Administrator Staff Contact PersonlPhone #: Tom Willi #4441 AGENDA ITEM WORDING: Approval of a Resolution clarifYing the Capital Budget process and the intent of Monroe County Board of County Commissioners. ITEM BACKGROUND: PREVIOUS RELEVANT BOCC ACTION: At the December 20th, 2006, BOCC meeting this item was motioned to be tabled. CONTRACT/AGREEMENT CHANGES: STAFF RECOMMENDATIONS: TOTAL COST: BUDGETED: Yes No COST TO COUNTY: SOURCE OF FUNDS: REVENUE PRODUCING: Yes~. .0_ AMOUNTPERMONTH_ Year APPROVED BY: County Atty"J r OMBlPurchasing _ Risk Management_ '\ DOCUMENTATION: Included 1. Not Required_ DISPOSITION: AGENDA ITEM # Revised 11106 RESOLUTION NO. A RESOLUTION CLARIFYING THE CAPITAL BUDGET PROCESS AND THE INTENT OF THE MONROE COUNTY BOARD OF COUNTY COMMISSIONERS. -2007 WHEREAS, Monroe County annually completes a budget process with the intent of adopting an operating budget as well as a capital improvement program budget; and WHEREAS, the budget process spans in excess of seven months and is dependent upon the collection of information from county stakeholders and numerous government agencies; and WHEREAS, the operating and capital program budget are subject to numerous changes during the draft stage of the document and is not complete until the final adoption of both budgets; and WHEREAS, the capital program incorporates a five-year horizon to assist in the planning and execution of capital improvement projects; and WHEREAS, the capital budget is utilized as a planning tool for future and present program years and subject to numerous changes, adjustments and revisions due to a myriad of issues that affect capital program projects, including, but not limited to, changes in priority, grant funding, permitting requirements, and inter-agency coordination; and WHEREAS, the priority for funding in the capital program has gradually shifted to meet the policy of the Board of County Commissioners (BOCC) and the requirements of Interlocal Agreements which contain funding commitments for wastewater projects; and WHEREAS, funding for wastewater projects has increased 133% above 2006 funding levels and the 2007 budget proposes 45% of the entire Infrastructure Sales Surtax Fund is committed to wastewater projects; and WHEREAS, the BOCC acknowledges that there are other infrastructure improvement projects to be completed concurrently with wastewater projects that are necessary to the vitality of the community and must be funded through available means; and WHEREAS, critical issues such as the purchase and protection of public waterfront access and the funding of economic development projects such as the sinking of the Vandenberg are paramount to the quality oflife enjoyed by residents of Monroe County; NOW mEREFORE, BE IT RESOLVED BY mE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA: Section 1: following: The Board of County Commissioners of Monroe County, Florida finds the A. The County Administrator, at the direction of the Board of County Commissioners, provided a draft budget that met the intent of the majority of the Board. B. The operating and capital budgets both comport with the priorities and commitments of the Board of County Commissioners regarding necessary infrastructure projects, including commitments made to the provision of advanced wastewater treatment for Monroe County. C. The commitments of various lnterlocal Agreements dealing with wastewater have been satisfied with the funding of the 2007 Capital Program. D. The Key Largo Wastewater Treatment District and the Florida Keys Aqueduct Authority have both opined that the County has met their funding commitment for fiscal year 2007. E. The funds transferred previously from the Key Largo Wastewater Treatment District line item were never requested by the District. Section 2: This resolution shall be effective the date stated below. PASSED AND ADOPTED by the Board of County Commissioners of Monroe County, Florida, at a regular meeting of said Board held on the 17th day of January, 2007. Mayor DiGennaro Mayor Pro Tem Spehar Commissioner McCoy Commissioner Neugent Commissioner Murphy (SEAL) Attest: DANNY L.KOLHAGE, Clerk BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA By By Deputy Clerk Mayor/Chairperson