HomeMy WebLinkAboutR-87-64 FY 88-89 Adopting BudgetRESOLUTION
87-d,74
A RESOLUTION OF THE CITY OF SEBASTIAN, FLORIDA,
ADOPTING THE ANNUAL BUDGET OF THE CITY OF
SEBASTIAN, FLORIDA, FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 1987, AND ENDING SEPTEMBER 30, 1988;
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, 1988; 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,
1987; PROVIDING A MEANS TO AMEND THE SAID BUDGET TO
REFLECT GRANTS RECEIVED AFTER SEPTEMBER 30,
1987; AUTHORIZING THE TRANSFER OF FUNDS HEREIN
APPROPRIATED SO LONG AS THE TOTAL COMBINED
APPROPRIATIONS SHALL NOT BE INCREASED THEREBY:
PROVIDING AN EFFECTIVE DATE.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEBASTIAN,
FLORIDA, AS FOLLOWS:
Attached hereto as Exhibit "A" and incorporated herein,
is the annual budget for the City of Sebastian for the Fiscal
Year beginning October 1, 1987, and ending September 30, 1988,
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 and intent of the City
Council as to the needs of the Departments of the City Government
and as to their fiscal requirements for the next ensuing fiscal
year beginning October 1, 1987, and ending September 30, 1988.
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 III
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, 1987, but shall have not been
filled prior to that date, and is 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, 1987, 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, 1986; and
all such balances shall be appropriated to the corresponding
accounts in the same funds in which they were outstanding as of
September 30, 1987; 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, 1987, 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 and directed to
maintain and amend the within budget so as to reflect the
anticipated revenue and the appropriation and expenditure of all
grant funds committed to, or received by the City subsequent to
September 30, 1987, and prior to October 1, 1988, in accordance
with the directions of the City Council as to the appropriation
and expenditure of such grants as and when received.
2
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.
The Finance Director with the concurrance of the Mayor* 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, includ-
ing the Capital Outlay accounts related thereto, shall not be in-
creased thereby. Appropriation transactions affecting fund
totals, other than those authorized herein in other sections
shall require to prior approval of the City Council. Any such
transactions are subject to any restrictive statutes or
ordinances, including those authorizing the issuance of any
outstanding bonds.
SECTION VII
This RESOLUTION shall become effective immediately upon its
passage by the City Council.
*This would change to City Manager as of March 1988, when City
goes to City Manager Form of Government.
3
I HEREBY CERTIFY that the foregoing Resolution was finally
passed by the City Council of the City of Sebastian, Florida, on
the ~ day of ~~. , 1987.
TY OF, ~ S A 'AN, FLORIDA
By ~~~
L. Ge~/~arris, Mayor
ATTEST:
Kathr~M. O'Hailoran, City Clerk
I HEREBY CERTIFY that Notice of Public Hearing of the
foregoing Resolution was given in accordance with Section 200.065
of the Florida Statutes, on the 9th day of September, 1987, in
the Press Journal, a newspaper of general circulation
in the City of Sebastian, Florida, that said public hearing was
held in City Council Chambers of the City of Sebastian at 7:00
p.m. on the llth day of September, 1987.
Kathr~ M. O'Halloran, City Clerk
APPROVED AS TO FORM AND CONTENT:
C~ty Attorney
res/bud