HomeMy WebLinkAboutR-18-08 1st Qtr Budget AmendmentRESOLUTION NO. R-18-08
A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA
AMENDING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2017
AND ENDING SEPTEMBER 30, 2018 AS PROVIDED FOR IN EXHIBIT "A";
PROVIDING FOR CONFLICTS; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, an analysis of the revenues and expenditures for the three (3) months that ended on
December 31, 2018 indicated that certain budget adjustments needed formal approval by the City Council; and
WHEREAS, the City Council and City Manager have previously approved any other necessary
adjustments in accordance with the Annual Budget Resolution;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, THAT:
Section 1. The budget of the City of Sebastian, Indian River County, Florida for the Fiscal Year beginning
October 1, 2017 and ending September 30, 2018 be formally amended as necessary, a summary of such
amendments being attached hereto and more particularly identified as Exhibit "A", the revised appropriations,
if any, are set out therein and are hereby made to maintain and cavy on the government of the City of
Sebastian, Indian River County, Florida.
Section 2. All resolutions or parts of resolutions in conflict herewith are hereby repealed.
Section 3. This Resolution shall become effective immediately upon its adoption.
It was moved for adoption by Councilmember McPartlan
The motion was seconded by Councilmember Kinchen
was as follows:
Mayor Jim Hill
aye
Vice Mayor Linda Kinchen
aye
Councilmember Bob McPartlan
aye
Councilmember Ed Dodd
aye
Councilmember Albert Iovino
ave
and, upon being put to a vote, the vote
The Mayor thereupon declared this Resolution duly passed and adopted this 14'h day of March 2018.
ATTEST:
anette Williams, MMC
City Clerk:
CITY OF SEBASTIAN, FLORIDA
Hill
Approved as to form and content for
reliance_by-the CityX Sebastian only:
l
James'b. Stokes
City Attorney
EXHIBIT "A" of RESOLUTION R-18-08
SUMMARY OF BUDGET CHANGES
FOR THE QUARTER ENDED DECEMBER 31, 2017
Additional Chanaes Submitted for Citv Council Approval: Amounts
Adjustment from Equipment & Facilities Reserve to replace Fiber for the Broadcasting Room.
Amounts
Chanaes Authorized by City Manager:
Adjustment from Equipment & Facilities Reserve to replace Electric Receptacles to U.S. 1 Poles.
Adjustment to record adjustment to Taxiway D&E Project to reduce grant and match requirement.
$ 75,368
Adjustment to use funds from the Engineering Division for a Major League Bass Fishing Tournament.
$ 5,000
Adjustment between CRA accounts to cover engineering services needed for Wayfinding Signage.
$ 3,000
Adjustment for projects carried forward from prior years (Police Evidence Garage, Working Waterfront,
$ 1,125,086
Football Restrooms, Septic -Sewer Grants, Oyster Pointe Drainage and other lesser Projects.
$
Adjustment to Sign & Landscape Grant Program to allocate a target amount of $30,000 funds per year.
$ 30,000
Adjustment in Non -Departmental accounts for appraisal on 1215 Indian River Drive.
$ 2,000
Adjustment to Public Works for reorganization to add employees specifically assigned to Stormwater.
$ 268,463
Chanaes Approved by City Council:
Amounts
Adjustmentto move Additional Compensation funds to Departments receiving incentives and bonuses.
$ 48,211
Additional Chanaes Submitted for Citv Council Approval: Amounts
Adjustment from Equipment & Facilities Reserve to replace Fiber for the Broadcasting Room.
$
1,879
Adjustment from Equipment & Facilities Reserve to replace Electric Receptacles to U.S. 1 Poles.
$
3,900
Adjustment from Equipment & Facilities Reserve to replace Air Conditioning Unit at Police Department.
$
39,721
Adjustment from Equipment & Facilities Reserve to replace Mower for Cemetery.
$
8,491
Adjustment from Equipment & Facilities Reserve to replace Playground Structure at Riverview Park.
$
13,583
Adjustment from Equipment & Facilities Reserve to replace Wood Mulch for Playgrounds.
$
11,558
Adjustment from Equipment & Facilities Reserve to replace Roof on Concession Building at BSSC.
$
5,970