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HomeMy WebLinkAboutR-16-11 2nd Qtr Budget AmendmentRESOLUTION NO. R-16-11 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA AMENDING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2015 AND ENDING SEPTEMBER 30, 2016 AS PROVIDED FOR IN EXHIBIT "A"; PROVIDING FOR CONFLICTS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Sebastian adopted Resolution No. R-15-27 on September 23, 2015 approving the City's 2015-16 budget, also referred to as the Annual Budget Resolution; and WHEREAS, the City of Sebastian adopted Resolution No. R-16-05 on March 23, 2016 amending the City's 2015-16 budget WHEREAS, an analysis of the revenues and expenditures for the three (3) months that ended on March 31, 2016 indicated that additional adjustments need 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, 2015 and ending September 30, 2016 be 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 carry 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 All resolutions or parts of resolutions in conflict herewith are hereby repealed.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 MrParrtan . The motion was seconded by Councilmember Coy and, upon being put to a vote, the vote was as follows: Mayor Bob McPartlan ave Vice -Mayor Jerome Adams aye Councilmember Andrea Coy aye Councilmember Jim Hill absent Councilmember Richard Gillmor aye The Mayor thereupon declared this Resolution duly passed and adopted this 8th day of June 2016. ATTEST:: anette Williams, MMC City Clerk CITY OF SE ASTIAN, FL DA. By: Mayor Bob McPartlan Approved as to form and content for reli ce by the City of Sebastian only: Robert A. Ginsburg, City Attorney EXHIBIT "A" of RESOLUTION R-16-11 SUMMARY OF BUDGET CHANGES FOR THE QUARTER ENDED MARCH 31, 2016 Amounts Chances Authorized by City Manager: Adjustment between Airport accounts to allow replacement of mower deck. $ 2,524 Adjustment for Golf Course donation and offsetting expense for Coastal Directory advertising. $ 3,300 Adjustment between Audio -Visual Division accounts for AT&T fiber repair and minor overages. $ 9,196 Adjustment to close Cemetery Storage Building project allocated from the Cemetery Trust Fund. $ 75,000 Adjustment to reflect receipt of Greer Trust donation and use for allowable expenditures. $ 16,000 Adjustment between group insurance accounts to match changes due to retirement/vacancies. $ 80,270 Adjustment between Airport accounts to replace an air compressor. $ 2,785 Adjustment between Parks Division accounts for fence work at Friendship Park. $ 3,500 Adjustment to close the Main Street Paving project. $ 267 Adjustment to Cemetery accounts to cover necessary repairs to the building. $ 400 Adjustment to Main Street Airport project to do Conduit Boring and Airport Service Pathway projects. $ 19,000 Changes Approved by City Council: Amounts Adjustment to cancel the Riverview Park sidewalk replacement project, Highway Beautification Grant $ 110,819 project and discontinue the General Fund payment and apply those CRA monies to contractual landscaping services for balance of year. January 13, 2016 Adjustment to discontinue quarter -round work and purchase armadillo equipment. January 27, 2016. $ 162,000 Additional Changes Submitted for City Council Approval: Amounts Adjustment from Equipment & Facilities Reserve to replace an unrepairable roller unit. $ 14,450 Adjustment from Golf Course Construction Account for spray deck change order for Golf restrooms. $ 2,465 Adjustment from Equipment & Facilities Reserve for electrical repairs in the Cart Barn. $ 24,600