Loading...
HomeMy WebLinkAboutR-22-05 4th Qtr Budget AmendmentRESOLUTION NO. R-22-05 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA RECOGNIZING CERTAIN ADJUSTMENTS TO THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2020 AND ENDING SEPTEMBER 30, 2021 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 September 30, 2021 indicated one budget adjustment requiring formal approval by the City Council; and WHEREAS, the City Council and City Manager previously approved any other necessary amendments and adjustments and these should be reported 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, 2020 and ending September 30, 2021 has been amended and adjusted as necessary within the quarter ending September 30, 2021; a summary of such amendments and adjustments being attached hereto and more particularly identified as Exhibit "A'; the revised appropriations, if any, are set out therein and are recognized as having been 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 All resolutions or parts of resolutions in conflict herewith are hereby repealed.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 Councihnember 14cPaxt2an The motion was seconded by Councilmember Rurm and, upon being put to a vote, the vote was as follows: Mayor Jim Hill aye Vice -Mayor Fred Jones aye Councihnember Ed Dodd aye Councihnember Bob MCParilan aye Councilmember Christopher Nunn ave The Mayor thereupon declared this Resolution duly passed and adopted this 261° day of January 2022. CITY OF SEBAS , FLORIDA By: -- Mayor t Hill = _ ATTEST: Approved as to form and legality for the' reliance by th ity of stun only: � ,.�/ dA Lcm— Jbinette Williams, MMC frimyMon City Clerk City AHomey EXHIBIT "A" OF RESOLUTION R-22-05 SUMMARY OF BUDGET CHANGES FOR THE QUARTER ENDED September 30, 2021 ADJUSTMENTS PREVIOUSLY APPROVED BY CITY COUNCIL: Budget Before Budget Budget After Infrastructure S627 097 FAA Grant Revenues .._ ($568059) Sidewalks1/{/�BQikepalh5 $0 AmPro I���I3nfrom DST,F��es�s (511,151,BII_2)__-___ S Appropdaled from DST Fund_R_es_erves__ - _ (SN,176,882) „_ Yp \Ws & RFt�quonent A� Grant avenue $� $0 .................................................................... Buildings $9,639,316 SJRW MD Grants $0 of for Cc l�rrrrl11tt�� E c� on IIHHIIIII /� D. ($614,422) gran he l� ���lthe �J 1' , $25,000 05/26/21 Approved using DST Reserves to ($11,176,882 added costs of N. Central Ave. Sidewalks. . . _ _ i_____________________________________________ $205,351 08/08/21 Approvetl using DST Reserves fo $267,958 $9,907,274 "" Johns in ADJUSTMENTS BEING SUBMITTED FOR CITY COUNCIL APPROVAL: Budget Before Budget Budget After Prolect/Account Change Adjustment Change Reason for Adjustmr ..�...4. ix ?lens $2,000 $6.653 $8,653 Uses RBR Reserve Account for _--- ---"'— dated from R&R Account ($66,488) _ --Unex acted Observation Deck I ($6,653j ($73,139) P ADJUSTMENTS PREVIOUSLY AUTHORIZED BY THE CITY MANAGER: Budget Before Budget Budget After Reason for Adjustment 735 Adjustment between account line items within 579 the Network Infrastructure Project _................................................... ,,.9tn 50 Transfer between Slonwater Fund line items U43 to cover therepair of SW606. . 0 A justment.. ____________________ 950 Adjustment between Stomrwater Fund line 043 items to cover SW620 repairs. Adjustment to proper account to use for Police _surveillance equip �%�� $ 375 Adiustmentto DrJi'Tll�r:°M1 Ahirr',jiu« item02 r saMPlinR At the Gan __.jument Items Adjustment to DST line Items Complex. Fund line ------------ :ryes ($11 $54'N643 ($11,149J 1 Adjustments to close: the Pos oned �� Community Center Wae project; the Completed Working Water6ont project; the 700 `J' �1 644 I the Unspent FY2021 g protect allocation; Jns N � Sidewalation. 2021 COSN Equipment eu �, 1, $0' d,227 ($� $3,1 ���dpent FV2021 SI r'' ------ 'a P 7 P y'� allocation. S_ I 1 a t in the Local ,paths projects in the Loral