995031
GENERAL APPROPRIATIONS BILL Committee Amendment
SB2500 AGG 24
Senator(s) Altman moved the following amendment:
Section: 05 EXPLANATION:
On Page: 211 Authorizes $335,000,000 in bond proceeds from the
Florida Forever program to provide $300,000,000 for
Spec App: 1570 land acqusition in the Florida Forever program,
$15,000,000 for state park facility improvements,
and $20,000,000, for Kissimmee River land
acquisition. The amendment also provides $33,500,000
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 - 33,500,000 0 33,500,000
Non-Recurring - 296,000,000 0 296,000,000
______________________________________________________________________________________
Positions & Amount Positions & Amount
DELETE INSERT
ENVIRONMENTAL PROTECTION, DEPARTMENT OF
Program: State Lands
Land Administration And Management 37100400
In Section 05 On Page 211
1570 Fixed Capital Outlay 084108
Land Acquisition, Environmentally
Endangered, Unique/ Irreplaceable Lands,
Statewide IOEJ
2348 Florida Forever Trust Fund 2,000,000 300,000,000
CA 298,000,000 FSI1NR 298,000,000
Immediately following Specific Appropriation 1570, INSERT:
From the funds in Specific Appropriation 1570, $300,000,000 from the
Florida Forever Trust Fund are provided pursuant to section 259.105,
Florida Statutes, from bonds authorized from the Florida Forever
Program.
Program: Recreation And Parks
State Park Operations 37500300
995031 Log:0008 JAH/JAH 03/30/15 08:47:30 PM Senate Page: 1
In Section 05 On Page 225
1707 Fixed Capital Outlay 080039
State Park Facility Improvements IOEJ
2348 Florida Forever Trust Fund 15,000,000
CA 15,000,000 FSI1NR 15,000,000
2423 Land Acquisition Trust Fund 15,000,000 0
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 216
1618 Fixed Capital Outlay 083045
Land Acquisition IOEJ
2348 Florida Forever Trust Fund 20,000,000
CA 20,000,000 FSI1NR 20,000,000
2423 Land Acquisition Trust Fund 20,000,000 0
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: State Lands
Land Administration And Management 37100400
In Section 05 On Page 000
1570A Fixed Capital Outlay 081117
Debt Service - Florida Forever Bonds -
New Series IOEN
2423 Land Acquisition Trust Fund 33,500,000
CA 33,500,000 FSI1 33,500,000
Immediately following Specific Appropriation 1570A, INSERT:
995031 Log:0008 JAH/JAH 03/30/15 08:47:30 PM Senate Page: 2
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.
In Section 05 On Page 211
1569A Special Categories 109983
Transfer To Florida Forever Trust Fund IOEH
2423 Land Acquisition Trust Fund 2,000,000 0
CA -2,000,000 FSI1NR -2,000,000
995031 Log:0008 JAH/JAH 03/30/15 08:47:30 PM Senate Page: 3