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HomeMy WebLinkAboutR-92-38 FY 92-93 Adopt BudgetRESOLUTION NO. R-92-38 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, ADOPTING THE ANNUAL BUDGET OF THE CITY OF SEBASTIAN, FLORIDA, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1992, AND ENDING SEPTEMBER 30, 1993; APPROPRIATING FUNDS FOR THE EFFICIENT AND EFFECTIVE OPERATION OF THE GOVERNMENT OF THE CITY OF SEBASTIAN AND ALL OF ITS DEPARTMENTS FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 1993, SUCH APPROPRIATIONS BEING FROM ANTICIPATED REVENUE; PROVIDING A MEANS TO AMEND THE SAID ANNUAL BUDGET SO AS TO CARRY FORWARD THE FUNDING OF PURCHASE ORDERS, WORK ORDERS, AND GRANTS OUTSTANDING AS OF SEPTEMBER 30, 1992; PROVIDING A MEANS TO AMEND THE SAID BUDGET TO REFLECT GRANTS RECEIVED AFTER SEPTEMBER 30, 1992; PROVIDING A MEANS TO AMEND SAID BUDGET SO AS TO CARRY FORWARD UNENCUMBERED BALANCE IN CAPITAL PROJECTS FUND; AUTHORIZING THE TRANSFER OF FUNDS HEREIN APPROPRIATED SO LONG AS THE TOTAL COMBINED APPROPRIATIONS SHALL NOT BE INCREASED THEREBY; PROVIDING FOR REPEAL OF RESOLUTIONS OR PARTS OF RESOLUTIONS IN CONFLICT HEREWITH; AND PROVIDING FOR AN EFFECTIVE DATE. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEBASTIAN, FLORIDA, AS FOLLOWS: Section 1. The following information is the summary annual budget for the City of Sebastian for the Fiscal Year beginning October 1, 1992, and ending September 30, 1993, which budget is hereby confirmed, adopted and approved in all respects. Said budget is adopted after full, complete and comprehensive hearings and expression of all parties concerned and is made necessary to provide required funds for capital outlays, operating expenses, expenditures for materials, labor, equipment, supplies, and contingent expenses of said City and represents and presents the judgment of intent of the City Council as to the needs of the Departments of the Ci'ty Government and as to their fiscal requirements for the next ensuing fiscal year beginning October 1, 1992 and ending September 30, 1993. Summary Budget Expenditure Information: General Fund Capital Projects Fund Capital Improvements Fund Debt Service $ @788475A8 6667888 239,320 136,400 3,791,820 656z000 Golf Course Fund Airport Fund Utilities Fund Cemetery Trust Fund Police Education Fund County Option Gas Tax TOTAL BUDGET EXPENDITURES 51,610 230,990 30,700 2,400 590,970 S ~74~976~0 1,688,100 7,418,310 Section 2. The salaries set forth in said budget are adopted subject to the collective bargaining agreements with the Communication Workers of America and Fraternal Order of Police. Section 3. The funds and monies necessary to meet the appropriations stipulated by and in said budget are hereby expressly appropriated out of anticipated revenues not otherwise appropriated. Section 4. The Finance Director is hereby authorized and directed to increase the corresponding line item appropriations in the budget to the extent of those purchase orders which shall have been issued prior to September 30, 1992, but shall have not been filled prior to that date, and authorized and directed to pay all such purchase orders upon receipt of the goods and services therein specified from the funds so appropriated. The Finance Director is further authorized and directed to increase the within budget appropriations to the extent of any unexpected balances from State, Federal or other grants as of the end of business on September 30, 1992, and to the extent of any unexpended balances, whether or not encumbered, outstanding in work orders as of the end of business on September 30, 1992; and all such balances shall be appropriated to the corresponding accounts in the same funds in which they were outstanding as of September 30, 1992; and the Finance Director shall be authorized to expend such appropriations for the purposes approved by the City Council in connection with such State, Federal or other grants, and work orders. The Finance Director shall, prior to December 31, 1992, report to the City Council all such purchase orders, grants, and work orders. Corresponding changes in the anticipated revenue accounts are hereby authorized. The Finance Director is hereby authorized to carry forward any unencumbered balance in the fiscal year 1991-1992 Capital Projects Fund in excess of that set forth as beginning balance in Capital Pro3 ects. 2 Section 5. The Finance Director is hereby authorized and directed to maintain and amend the within budget so as to reflect the anticipated revenue and appropriation and expenditures of all grant funds committed to, or received by the City subsequent to September 30, 1992, and prior to October 1, 1993, in accordance with the directions of the City Council as to the appropriation and expenditure of such grants as and when received. Section 6. To facilitate proper accounting for Council- approved funding projects financed from resources originating in more than one fund and for program/supervision allocation, the Finance Director is hereby authorized to amend the estimated revenues and appropriations of various funds affected to reflect the transactions pertaining to each fund involved. Section 7. The Finance Director, with the concurrence of the City Manager, shall have the authority to transfer appropriations from one line item to another line item within an individual budget department, so long as the total appropriations for each cost center, including the Capital Outlay accounts related thereto, shall not be increased thereby. Appropriation transactions affecting fund totals, other than those authorized herein in other sections, shall require prior approval of the City Council. Any such transactions are sub3ect to any restrictive statutes or ordinances, including those authorizing the issuance of any outstanding bonds. Section 8. CONFLICT. Ail resolutions or parts of resolutions in conflict herewith are hereby repealed. Section 9. EFFECTIVE DATE. This Resolution shall become immediately effective upon its adoption. The foregoing Resolution was moved for adoption by Councilman ~C/~.~ . The motion was seconded by Councilman ~~. and, upon being put to a vote, the vote was as follows: Mayor Lonnie Powell Vice-Mayor Frank Oberbeck Councilmember Carolyn Corum Councilmember Peter Holyk Councilmember George Reid 3 The Mayor thereupon declared this Resolution duly passed and adopted this /_~ day of .~ , 1992. / ~,C~~'~~~/~."~ CITY OF SEBASTIAN, FLORIDA ~onnie R -P~w~~~or~' .Kathryn ;~. O' HalI'~r~n', ~C/AAE City Cl~rk (Seal) I HEREBY CERTIFY that the foregoing Resolution was duly adv~tised in the Vero Beach Press Journal on the ~ day of ~~ , 1992, and the ~/~ day of ~/~ , ~9z3~;~that two publ$c hearings on the Resolutions_ere held on the ~ day of ~~-~ , 1992 and the /~ - day of ~---~~. ,'i992 and ~at the Resolution was adopted by the Cit~ Council of the City of Sebastian, Florida, on the ~ day ., Kathry~M. O'Halio~ran, CM~/AAE City Clerk (Seal) Approved a~'to Form Charle~ Ian Nash City Attorney and Content: 4