Florida 2023 2023 Regular Session

Florida House Bill H1643 Introduced / Bill

Filed 03/07/2023

                        
    
HB 1643  	2023 
 
 
 
CODING: Words stricken are deletions; words underlined are additions. 
hb1643-00 
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F L O R I D A H O U S E O F R E P	R E S E N T A T I V E	S 
 
A bill to be entitled 1 
An act relating to the Mid -Bay Bridge Authority, 2 
Okaloosa County; amending chapter 2000 -411, Laws of 3 
Florida; providing that the authority is an 4 
independent special district; revising provisions 5 
relating to the budget; deleting a requirement that 6 
the authority's fiscal year be the same as the county 7 
fiscal year; providing an effective date. 8 
 9 
Be It Enacted by the Legislature of the State of Flor ida: 10 
 11 
 Section 1.  Sections 1 and 6 of section 3 of chapter 2000 -12 
411, Laws of Florida, are amended to read: 13 
 Section 1.  Purpose. —There is hereby created in Okaloosa 14 
County an independent a dependent special district for the 15 
purpose of planning, constr ucting, operating, and maintaining a 16 
bridge transversing Choctawhatchee Bay. The governmental body 17 
shall be known as the Mid -Bay Bridge Authority, hereinafter 18 
referred to as "authority." 19 
 Section 6.  Budget.—  20 
 (1)(a)  Prior to preparation of the annual budget as 21 
provided in paragraph (b), the authority shall develop an annual 22 
proposed budget according to the provisions set forth in this 23 
section by May of each year, for a public hearing before the 24 
citizens of Okaloosa County. 25      
    
HB 1643  	2023 
 
 
 
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F L O R I D A H O U S E O F R E P	R E S E N T A T I V E	S 
 
 (b)  The authority, in each fiscal year, shall prepare an 26 
annual budget for operating revenue accounts and operating 27 
expense accounts and such other accounts as it the board of 28 
county commissioners shall prescribe, for its operations in the 29 
ensuing fiscal year and, on or before the first day of June of 30 
each year, the chair of the authority shall submit such budget 31 
to the board of county commissioners. The fiscal year for the 32 
authority shall be concurrent with the fiscal year of Okaloosa 33 
County. At the time the authority prepares its a nnual budget, it 34 
shall adopt a resolution determining and finding the estimated 35 
amounts to be expended by the authority in the ensuing year, 36 
exclusive of any bonds or other obligations of the authority, 37 
for acquiring, establishing, constructing, enlarging, operating, 38 
and maintaining the system, including the bridge and bridge 39 
facilities and other facilities related thereto, or for any 40 
other corporate purpose of the authority. A certified copy of 41 
the resolution shall be submitted to the board of county 42 
commissioners at the same time that it submits its annual budget 43 
referred to above. 44 
 (c)  The board of county commissioners shall examine the 45 
budget and the certified copy of the resolution, and may 46 
increase or reduce the total amount requested under the 47 
provisions in the budget and resolution for the expenditures in 48 
such an amount as the board of county commissioners deems 49 
advisable in its sole discretion. Thereafter, the board of 50      
    
HB 1643  	2023 
 
 
 
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F L O R I D A H O U S E O F R E P	R E S E N T A T I V E	S 
 
county commissioners shall approve the budget of the authority, 51 
either as submitted or as increased or reduced, as aforesaid. 52 
 (d)  Any budget amendment adopted by the authority that 53 
increases the total budget shall be approved by the board of 54 
county commissioners prior to becoming effective. 55 
 (e)  All anticipated revenues to be derive d from the 56 
operation of the system, including the bridge and bridge 57 
facilities shall be included in the budget of the authority. 58 
However, any amounts of money, including funds in the 59 
authority's budget for the preceding fiscal year, that remain 60 
unexpended from the revenue derived under the budget for the 61 
preceding fiscal year may, by resolution duly adopted by the 62 
authority and approved by the board of county commissioners, be 63 
set aside in a separate fund, to be known and described as a 64 
"Renewal and Replace ment Fund," and accumulated in said fund 65 
from year to year for the purpose of purchasing real and 66 
personal property, and building and constructing permanent 67 
improvements, replacements, alterations, buildings, and other 68 
structures, and such funds may be dis bursed from time to time 69 
out of the renewal and replacement fund, upon proper resolution 70 
of the authority and approval by the board of county 71 
commissioners, and solely for the payment of the cost of 72 
purchasing real and tangible personal property, and build ing and 73 
constructing permanent improvements, replacements, alterations, 74 
buildings, and other structures. 75      
    
HB 1643  	2023 
 
 
 
CODING: Words stricken are deletions; words underlined are additions. 
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F L O R I D A H O U S E O F R E P	R E S E N T A T I V E	S 
 
 (f)  The authority shall adopt budget procedures to 76 
establish the direct and indirect costs of operating and 77 
maintaining the bridge authority and the system, as well as the 78 
direct income derived therefrom. 79 
 Section 2.  This act shall take effect upon becoming a law. 80