Resolution 328-1987
RESOLUTION NO. 328 -1987
A RESOLUTION CONCERNING SUPPLEMENTAL BUDGET.
WHEREAS. it is necessary to conduct a Public Hearing as
required by Section 129.03. Florida Statutes, to increase the
Monroe County Tourist Development Budget for the fiscal year
ending September 30. 1987. now. therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF
MONROE COUNTY. FLORIDA, that a Public Hearing was conducted on
August 18. 1987. to increase the Monroe County Tourist Develop-
ment #106 Fund Budget from $3.879.215.99 to $4,077,864.99, and to
adopt a supplemental budget amendment as follows:
REVENUES:
Tourist Development Tax Proceeds,
Subtotal
AMOUNT
$ 184,365.00
49,090.00
(21.669.00)
22,401. 00
(58.809.00)
$ 175,378.00
Two Cents:
District I, 106-000000-312100-0
District II, 106-000000-312101-0
District III, 106-000000-312101-0
District IV. 106-000000-312101-0
District V. 106-000000-312104-0
Tourist Development Tax Proceeds,
Third Cent, Key West Only:
District I, 106-000000-312105-0
Subtotal
33,726.00
$ 33,726.00
$ 209,104.00
(10.455.00)
$ 198,649.00
TOTAL GROSS REVENUE
LESS 5% - STATE LAW
TOTAL NET REVENUE
APPROPRIATIONS:
Promotional Advertising:
District I. 106-110201-559470-0
District II. 106-110202-559470-0
District III. 106-110203-559470-0
District IV. 106-110204-559470-0
District V, 106-110205-559470-0
Total
$ 117.949.25
31,480.00
(12, 083. 25)
14,896.50
(35,617.50)
$ 116.625.00
Special Events: $
District I. 106-110301-559471-0 50,550.25
District II. 106-110302-559471-0 13,492.00
District III. 106-110303-559471-0 (5.178.25)
District IV, 106-110304-559471-0 6.384.50
District V, 106-110305-55971-0 (15,264.50)
Total $ 49,984.00
Beach Restoration, Key West:
District I, 106-110500-559630-0 $ 32,040.00
TOTAL APPROPRIATION $ 198,649.00
BE IT FURTHER RESOLVED BY SAID BOARD that the Clerk of said
Board be and he is hereby authorized to take the necessary action
to effect the transfer of funds hereinabove set forth.
PASSED AND ADOPTED by the Board of County Commissioners of
Monroe County, Florida, at a regular meeting of said Board held
on the 18th day of August, A.D. 1987.
BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNTY, FLORIDA
(Seal)
Attest :DANNY L. KOLHAGE, Clerk
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2
NOTICE OF SUPPLE~mNTAL BUDGET HEARING
Monroe County Board of County Commissioners
Pursuant to the provisions of Section 129.03, Florida Statutes, notice
is hereby given that a Public Hearing will be held by the Board of
County Commissioners of Monroe County, Florida, on August 18, 1987, at
the hour of 5:00 p.m., in Courtroom "B", Key West, Florida, for the
purpose of public comments on the proposed Supplemental Budget
Amendments to the Monroe County Tourist Development Fund for the
Fiscal Year beginning October 1, 1986 and ending September 30, 1987.
Summary of Proposed Budget Amendment
Tourist Development Fund, Monroe County, Florida
for the Fiscal Year 1986-1987
Proposed Budget
Current Plus
Budget Amendments TOTAL
REVENUES
Tourist Development Tax $3,087,500.00 $209,104.00 $3,296,604.00
Less 5% (required by
state law) (154,375.00) (10,455.00) (164,830.00)
Net Taxes $2,933,125.00 $198,649.00 $3,131,774.00
Plus:
Cash Balance Forward 946,090.00 0.00 946,090.00
TOTAL REVENUES $3,879,215.99 $198,649.00 $4,077,864.99
APPROPRIATIONS
Promotional Expenses $2,018,557.53 $116,628.00 $2,135,185.53
Special Events 1,136,283.46 49,981.00 1,186,264.46
Beach Restoration, Key West 558,125.00 32,040.00 590,165.00
Administrative Expenses 166,250.00 0.00 166,250.00
TOTAL APPROPRIATIONS $3,879,215.99 $198,649.00 $4,077,864.99
For additional information, please contact the Finance Department in the
Clerk's office at 500 Whitehead Street, Key West, Florida, or call
294-4641, Extension 588.
Danny L. Kolhage
Clerk of the Court
and ex officio Clerk to
Board of County Commissioners
Published August 11, 1987