995005 Florida Senate - 2015 Committee Amendment SPB2500 AGG 22 The Committee on Appropriations(Altman) recommended the following amendment:Section: 05 EXPLANATION: On Page: 210 Authorizes $410,000,000 in bond proceeds from the Florida Forever program to provide $350,000,000 for Spec App: 1570 land acqusition in the Florida Forever program, $15,000,000 for state park facility improvements, $20,000,000, for Kissimmee River land acquisition, and $25,000,000 for beach management and restoration. The amendment also provides $41,000,000 from the Land Acquisition Trust Fund to support the annual debt service payments for the issuance of the bonds. NET IMPACT ON: Total Funds General Revenue Trust Funds Recurring - (21,000,000) 0 (21,000,000) Non-Recurring - 408,000,000 0 408,000,000 ______________________________________________________________________________________ Positions & Amount Positions & Amount DELETE INSERT ENVIRONMENTAL PROTECTION, DEPARTMENT OF Program: State Lands Land Administration And Management 37100400 In Section 05 On Page 210 1570 Fixed Capital Outlay 084108 Land Acquisition, Environmentally Endangered, Unique/ Irreplaceable Lands, Statewide IOEJ 2348 Florida Forever Trust Fund 2,000,000 350,000,000 CA 348,000,000 FSI1NR 348,000,000 Immediately following Specific Appropriation 1570, INSERT: From the funds in Specific Appropriation 1570, $350,000,000 from the Florida Forever Trust Fund are provided pursuant to section 259.105, Florida Statutes, from bonds authorized from the Florida Forever Program.995005 Log:0010 JAH/JAH 03/23/15 08:31:59 PM Senate Page: 1 Program: Recreation And Parks State Park Operations 37500300 In Section 05 On Page 224 1707 Fixed Capital Outlay 080039 State Park Facility Improvements IOEJ 2423 Land Acquisition Trust Fund 15,000,000 0 CA -15,000,000 FSI1 -15,000,000 2348 Florida Forever Trust Fund 15,000,000 CA 15,000,000 FSI1NR 15,000,000 Immediately following Specific Appropriation 1707, INSERT: From the funds in Specific Appropriation 1707, 15,000,000 from the Florida Forever Trust Fund for state park facility improvements are provided from the proceeds of bonds authorized from the Florida Forever program. Program: Water Policy And Ecosystems Restoration Water Policy And Ecosystems Restoration 37200100 In Section 05 On Page 215 1618 Fixed Capital Outlay 083045 Land Acquisition IOEJ 2423 Land Acquisition Trust Fund 20,000,000 0 CA -20,000,000 FSI1 -20,000,000 2348 Florida Forever Trust Fund 20,000,000 CA 20,000,000 FSI1NR 20,000,000 At the end of existing proviso language, following Specific Appropriation 1618, INSERT: From the funds in Specific Appropriation 1618, $20,000,000 from the Florida Forever Trust Fund are provided from the proceeds of bonds authorized from the Florida Forever program. Program: Water Resource Management Beach Management 37350100 In Section 05 On Page 218 1647 Grants And Aids To Local Governments And 140126 Nonstate Entities - Fixed Capital Outlay Beach Projects - Statewide IOEM 2423 Land Acquisition Trust Fund 25,000,000 0 CA -25,000,000 FSI1 -25,000,000 2348 Florida Forever Trust Fund 25,000,000995005 Log:0010 JAH/JAH 03/23/15 08:31:59 PM Senate Page: 2 CA 25,000,000 FSI1NR 25,000,000 At the end of existing proviso language, following Specific Appropriation 1647, INSERT: From the funds in Specific Appropriation 1647, 25,000,000 from the Florida Forever Trust Fund for beach management and restoration are provided from the proceeds of bonds authorized from the Florida Forever program. Program: State Lands Land Administration And Management 37100400 In Section 05 On Page 210 1570A Fixed Capital Outlay 081117 Debt Service - Florida Forever Bonds - New Series IOEN 2423 Land Acquisition Trust Fund 41,000,000 CA 41,000,000 FSI1 41,000,000 Immediately following Specific Appropriation 1570A, INSERT: Funds provided in Specific Appropriation 1570A are for Fiscal Year 2015-2016 debt service on new bonds authorized pursuant to section 215.618, Florida Statutes, including any other continuing payments necessary or incidental to the repayment of the bonds, such as remarketing agent fees, tender agent fees, liquidity facility provider fees and similar fees and expenses. These funds may be used to refinance any or all series if it is in the best interest of the state as determined by the Division of Bond Finance. If the debt service varies as a result of a change in the interest rate, timing of issuance, or other circumstances, there is appropriated from the Land Acquisition Trust Fund an amount sufficient to pay such debt service. 1569A Special Categories 109983 Transfer To Florida Forever Trust Fund IOEH 2423 Land Acquisition Trust Fund 2,000,000 0 CA -2,000,000 FSI1 -2,000,000995005 Log:0010 JAH/JAH 03/23/15 08:31:59 PM Senate Page: 3