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HomeMy WebLinkAboutR-18-15 3rd Qtr Budget AmendmentRESOLUTION NO. R-18-15 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA AMENDING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2017 AND ENDING SEPTEMBER 30, 2018 AS PROVIDED FOR IN EXHIBIT "A"; PROVIDING FOR CONFLICTS; PROVIDING FOR SCRIVENER'S ERRORS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, an analysis of the revenues and expenditures for the three (3) months that ended on June 30, 2018 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, 2017 and ending September 30, 2018 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 All resolutions or parts of resolutions in conflict herewith are hereby repealed.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. Sections of this resolution may be renumbered or re -lettered and corrections of typographical errors which do not affect the intent may be authorized by the City Manager, or the City Manager's designee, without need of further action of the City Council by filing a corrected copy of same with the City Clerk. Section 4. This Resolution shall become effective immediately upon its adoption. It was moved for adoption by Councilmember McPartlan The motion was seconded by Councilmember Kinchen was as follows: Mayor Jim Hill ave Vice Mayor Linda Kinchen ave Councilmember Bob McPartlan aye Councilmember Ed Dodd ave Councilmember Albert Iovino ave The Mayor thereupon declared this Resolution duly passed and ATTEST: iat e `Williams, MMC Clerk Clerk - CITY OF Hill and, upon being put to a vote, the vote this 8"' day of August 2018. , FLORIDA Approvkd as to form and content for relia the City of Sebastian only: i�7y� Ja s D. Stokes City Attorney EXHIBIT "A" of RESOLUTION R-18-15 SUMMARY OF BUDGET CHANGES FOR THE QUARTER ENDED JUNE 30, 2018 Chances Authorized by City Manaaer: Adjustment to set up an appropriation of donated funds from the Arden Greer Trust. Adjustment between Police Department accounts to cover overages in certain accounts. Adjustment to reallocate funds for Air Conditioner Repairs to upgrades to Emergency Generators. Adjustment from Oyster Pointe Drainage project for preliminary cost on Working Waterfront Phase 3. Adjustments between Stormwater accounts for unexpected equipment repairs. Adjustment to use Additional Compensation account for 2otl quarter incentive payments. Adjustment between Airport accounts to cover overages in certain accounts. Adjustment between Public Facilities accounts to cover overages in certain accounts. Adjustment between Stormwater accounts to cover overages in certain accounts. Adjustment between Police Department accounts to cover overages in certain accounts. Adjustment to close out the completed Laserfiche Upgrade project. Adjustment between Airport accounts to properly code a transaction budgeted incorrectly. Adjustment between Public Facilities accounts to cover overages in certain accounts. Adjustment between Non -Departmental accounts to cover additional July 4' expenditures. Adjustment between Stormwater accounts to cover overages in certain accounts. Adjustment to correct account codes within the Computer Upgrades project. Adjustments between Public Facilities and Stormwater accounts to reflect personnel reassignments. Adjustment between Parks accounts to purchase AED equipment for Senior Center and Art/Quilt Club. Adjustment between Golf Course accounts to cover overages in certain accounts. Adjustment to supplement the New Radios Project with funds from Police Department accounts. Adjustment between Stormwater accounts to cover repairs to vehicles. Adjustment between Cemetery accounts to cover overages in certain accounts. Adjustment between Parks accounts for Community Center enhancements and Playground software. Adjustment from Oyster Point Drainage project for preliminary costs on Taxiway C Construction. Adjustment between Airport accounts to cover overages in certain accounts. Adjustment between Stormwater accounts to cover overages in certain accounts. Adjustment between Police accounts to cover overages in certain accounts. Adjustment to correct account codes within the Recreation Impact Fee Fund. Adjustment between Parks accounts to cover overages in certain accounts. Adjustment between Facilities Maintenance accounts to cover overages in certain accounts. Chanaes Aooroved by City Council: None to report during the 3'" Quarter. Additional Chances Submitted for Citv Council Aaoroval: Adjustment from General Fund Reserves to cover shortfalls in the City Manager accounts due to leave payouts to the former City Manager. Adjustment from General Fund Reserves to cover shortfalls in the Police Department accounts due to overtime required during times of absences due to injuries and position vacancies. Adjustment from General Fund Reserves to cover shortages in the amount budgeted for required - Police Pension contributions. Adjustment from Recreation Impact Fee Reserves to cover shortage in the amount budgeted for Improvements to the Community Center. Amounts 3,000 2,875 40,000 25,950 5,000 1,500 3,595 4,000 1,000 876 1,975 750 2,406 1,000 2,000 10,280 74,700 3,000 6,875 1,164 3,000 1,350 8,250 2,500 933 4,000 800 2,638 3,213 1,500 Amounts Amounts 123,000 42,000 86,000 9,651