HomeMy WebLinkAboutR-18-02 4th Qtr Budget AmendmentRESOLUTION NO. R-18-02
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 309 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
September 30, 2017 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, 2016 and ending September 30, 2017 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 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 All resolutions or parts of resolutions in conflict herewith are hereby repealed.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 K i n c h e n . The motion was seconded by
Councilmember Hill
Mayor Jim Hill
Vice Mayor Linda Kinchen
Councilmember Bob McPartlan
Councilmember Ed Dodd
Councilmember Albert Iovino
and, upon being put to a vote, the vote was as follows:
ave
ave
aye
aye
aye
The Mayor thereupon declared this Resolution duly pasd and -adopted this 10 h day of January 2018.
7 -
CITY �F >✓' ST' FLORIDA
ayo-' i ill
ATTEST: Appr ed as to form and content for
reliance by the City of Sebastian only:
JUnette Williams: MW.
City Clee _ �-
Cynthia V. Hall
Interim City Attorney
EXHIBIT "A" of RESOLUTION R-18-02
SUMMARY OF BUDGET CHANGES
FOR THE QUARTER ENDED SEPTEMBER 30, 2017
Additional Chanqes Submitted for City Council Aaaroval: Amounts
Adjustment from Equipment & Facilities Reserve to replace Riverview Park Playground. $ 33,000
Adjustment from Equipment & Facilities Reserve to replace Pro Shop Air Conditioner. $ 5,950
Adjustment from Equipment & Facilities Reserve to replace truck for the Airport. $ 22,514
Adjustment from Equipment & Facilities Reserve to replace air conditioner unit in the Airport Vault. $ 9,427
Adjustment from Equipment & Facilities Reserve to repair restrooms, hallway and doors. $ 71,583
Amounts
Chances Authorized by City Manaqer:
Adjustment to record acquisition of vehicle for Police Department via a final judgement of forfeiture.
$
1,230
Adjustment between Parks Division accounts to record Dog Park water fountain.
$
2,723
Adjustment to create Oyster Pointe Baffle Box Project from Working Waterfront Phase 3 Project.
$
164,500
Adjustment between Community Development accounts to cover new Chamber of Commerce sign.
$
10,899
Adjustment to record Grant revenue received to purchase bulletproof vest.
$
6,708
Adjustment to record State Shared Revenue contributed to the Police Pension Plan.
$
168,628
Adjustment between City Manager accounts to cover additional dues and memberships.
$
231
Adjustment between Community Development accounts to properly code expenditures.
$
9,700
Adjustment to Rebuilding Greens Project within spending funded by $700,000 Building Fund Loan.
$
96,454
Adjustment to close the Friendship Park Improvements Project. (Pickle Ball budgeted in FY2018.)
$
232,769
Adjustment to Administrative Services accounts to properly code expenditures.
$
25,410
Adjustment to Cemetery Division accounts to properly code expenditures.
$
2,669
Adjustment between Parks Division accounts to properly record expenditures.
$
32,900
Adjustment to fund Columbariums from Trust Fund and use DST Funds for Police Evidence Building.
$
49,134
Adjustment between Audio Visual accounts to allocate monies for Laserfiche training.
$
450
Adjustment to record a Safety Grant by the Insurance Carrier to purchase 3 AED units and supplies.
$
4,999
Adjustment between Police accounts to properly code expenditures.
$
3,750
Adjustment to record recovery of cost of demolishing a condemned structure.
$
5,200
Adjustment to fund Oyster Bags at Working Waterfront Project from a $24,000 IRLC Grant and the Indic
$
47,928
River Lagoon Project.
Adjustment to close the Presidential Streets Project.
$
32,198
Adjustment to close Tulip Street Project.
$
2,660
Adjustment to record $35,576 DEP Grant and to close Working Waterfront Drainage Project.
$
48,426
Adjustment to record JAG Grants for the purchase of Police equipment.
$
8,141
Adjustments to reduce Payroll Automation $4,704 and close Paint City Hall $2,027, Computer
Upgrades $42,500, Audio Visual Equipment $8,536, Road Crossing Pipes $50,000, Pipe Slip -lining
$
142,617
$31,461, Stonecrop Drainage Design $309 and Rebuild Greens $3,080 for funds not used by year-end.
Adjustment to create a Project for the Chamber of Commerce Sign.
$
10,899
Adjustment to cancel the Working Waterfront Phase 3 Project. (Deferred in CIP to FY2019.)
$
235,500
Adjustment to close the Hangar C Project.
$
17,084
Adjustment to fund Cart Path Repair Project within spending funded by $700,000 Building Fund Loan.
$
68,592
Changes Aaproved by City Council:
Amounts
Adjustmentto Grantfor Tulip Street for Amendment 2 June 14, 2017.
$
38,197
Adjustment to use $50,000 DST Funds and $50,000 Grant for Restaurant Upgrades July 26, 2017.
$
100,000
Adjustment to use another $135,000 DST Funds toward Restaurant Renovations August 23, 2017.
$
135,000
Additional Chanqes Submitted for City Council Aaaroval: Amounts
Adjustment from Equipment & Facilities Reserve to replace Riverview Park Playground. $ 33,000
Adjustment from Equipment & Facilities Reserve to replace Pro Shop Air Conditioner. $ 5,950
Adjustment from Equipment & Facilities Reserve to replace truck for the Airport. $ 22,514
Adjustment from Equipment & Facilities Reserve to replace air conditioner unit in the Airport Vault. $ 9,427
Adjustment from Equipment & Facilities Reserve to repair restrooms, hallway and doors. $ 71,583