HomeMy WebLinkAboutR-17-06 1st Qtr Budget AmendmentRESOLUTION NO. R-17-06
A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY,
FLORIDA AMENDING THE BUDGET FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 2016 AND ENDING SEPTEMBER 30, 2017 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, 2016 indicated that no further adjustments needed 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, 2016 and ending September 30, 2017 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 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 All resolutions or parts of resolutions in conflict herewith are hereby repealed.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 Coy . The motion was seconded
by Councilmember Dodd and, upon being put to a vote, the vote was as follows:
Mayor Bob McPartlan
aye
Vice Mayor Andrea Coy
aye
Councilmember Jim Hill
aye
Councilmember Linda Kinchen
aye
Councilmember Ed Dodd
aye
The Mayor thereupon declared this Resolution duly passed and adopted this addayof 16 7.
ATTEST:
a_nette Williams, MMC
'City Clerk
CITY OF S�T
By:
Mayor Bob McPartlan
Approved as to form and content for
reliance by the City of Sebastian only:
Robert A. Ginsburg,
City Attorney
EXHIBIT "A" of RESOLUTION R-17-06
SUMMARY OF BUDGET CHANGES
FOR THE QUARTER ENDED DECEMBER 31, 2016
Amounts
Chanaes Authorized by City Manager:
Adjustment for capital projects active and in progress at the end of the previous fiscal year. $ 2,863,497
Adjustment to reflect reimbursement for repairs to a damaged Airport gate, $ 4,475
Adjustment to carry forward remaining balances of amounts budgeted for sign grants. $ 46,726
Adjustment to reflect donation from the Senior Activity Center for computer accessories/graphics. $ 500
Adjustment combining unspent balances from 2016 with current year Computer Upgrades project. $ 62,440
Adjustment to add funds and close project for Police Department Roof Repair project. $ 613
Adjustment to cancel project for Riverview Park Fencing. $ 25,000
Adjustment to reduce budget and close Brushfoot Bikepath project. $ 5,923
Reduction of adjustment reinstating projects active and in progress at end of the previous fiscal year. $ 53,910
Adjustment to apply funds to street reconstruction that were the difference in restoring only one-half $ 132,925
of amounts advanced from Reserves for the Early Retirement Program and the millage reduction.
Chanaes Approved by City Council: Amounts
Adjustment to cancel PW Compound projects and add funds to enable purchase of two Dump $ 84,000
Trucks versus the one originally scheduled for this year.
Additional Chanaes Submitted for Citv Council Approval: Amounts
None. n/a