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HomeMy WebLinkAboutR-22-08 1st Qtr Budget AmendmentRESOLUTION NO. R-22-08 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA RECOGNIZING CERTAIN ADJUSTMENTS TO THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER I, 2021 AND ENDING SEPTEMBER 30, 2022 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 December 31, 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, 2021 and ending September 30, 2022 has been amended and adjusted as necessary within the quarter ending December 32, 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 All resolutions or pans of resolutions in conflict herewith are hereby repealed. Section 3. Sections of this resolution may be renumbered or m4ettered 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 Dodd The motion was seconded by Councilmember blcPartlan and, upon being put to a vote, the vote was as follows: Mayor Jim Hill aye Vice -Mayor Fred Jones aye Councilmember Ed Dodd aye Councilmember Bob MCParthm aye Councilmember Christopher Nunn aye The Mayor thereupon declared this Resolution duly passed and adopted this 23' day of February 2022. CITY OF SEBA , FLORIDA By. - _ Mayord' Hill ATTEST: Approved as to form and legality for the - // .. '' �qq reAbbety of etas 'an o�W'.Y..R.t.0..YN4.metre Williams, MMC City Clerk _ -_ EXHIBIT "A" OF RESOLUTION R-22-08 SUMMARY OF BUDGET CHANGES FOR THE QUARTER ENDED December 31, 2021 ADJUSTMENTS PREVIOUSLY APPROVED BY CITY COUNCIL: Budget Before Budget Budget After $,(j 75 ($2,B60r8 ).......(b...: 1f0),q p6 1� '� 0 6) ($��� 10113/21 Approved using DST Reserves to replace_a Wheeled End Loader, _,_$U_ 806 078 ($22 500)500)___ 78 083L_A$100 582 10/13/21 Approved PEA and PEA _A 1 703) _____J5,972)_,_,_,_($1fi0,_675Z Collective Bargaining Unit pay adjustments ($18709 (8,844�__$( 27,551� from 3%to 4% and also funding the same _ $0 (864) ($864). for other City employees. Gran( 19' 00 (19.200 to match rant for buying and install ppropnaledfrom Airport Reserves ._______________($�__),._____.._ ,800) $5,664) Security 03m r{S for unmonitored areas_ Accounts with Items Not Received $0 $1b2,009 $182,00, i;1; 16111 _.u.v_._ion authorized A ropriated from General Fund Reserves ($100582) ($38,822) ($139,404) City Manager to adjust accounts to Appropriated from DST Reserves ($3,064131) ($7151) ($3071 282) implement work previously approved by Appropriated from Stormwater Reserves ($160,675) ($136,036) ($296,711) City Council. Items were obligated but not received. InfrasWCWre-- JjW_�1 4„984 10/27/21 Approved award of SJRWMD aniF ,7� t 277) ) FDOT Grant to provide for gravity sewer q♦��(vfU Gf�r77npt � 1441 // j[JC "T441 services Instead of lift stations on the west ppropnallJO from DST Reserves f$3,071r� ,_ 017) ($ .�U'�7 Q side of the A' ort........._....... Transfers to Prolecl Funds $ $5,236,487 $99. �(,�')_ Ud�ie,cl h/Lyet Resolu8on authorized Appropriated from General Fund Reserves__($139404) ($318,671)�$458_75). City Manager l0 adjust accounts to Appropriated from Gas Tax Fund Reserves _ $0 ($12 724) ($12,7241, Implement work previously approved by Appropriated from DST Reserves ($3301,299) ($3,964,796) ($7266095) City Council. These transfers had been Appropriated from CRA Reserves ($123,406) ($135,310) ($229,716) approved in various prior budget years but Appropriated from Rm. Impact Reserves ($65 000) ($-121802) ($186,802) have to be reappropriated from each Appropriated from Slonnwaler Reserves ($296 711) ($679,479) ($976190) Fund's Reserves to properly account for Appropnated from Airport Reserves ($5,664) ($32,705) ($38,369) them In FY2022. ADJUSTMENTS BEING SUBMITTED FOR CITY COUNCIL APPROVAL: Budget Before Budget Budget After Project/Account Change Adjustment Change Reason fg�p,Q ��yyfifit�/m�ant R&M - Ruildinna $50.088 $4.820 $54.908 Uses RBA Her., f 1 ,9JVA6c.ad repairs ADJUSTMENTS PREVIOUSLY AUTHORIZED BY THE CITY MANAGER Budget Before Budget Budget After PrRI��qq)Pccount Voriou e�aoea lY�a. .: _ Additional Compensation ____ FeA f n3e fr )bS7 Reserves E ant Cy� /g�pp{� Yep'ILlrli)S9 Adjustment $I�,(_5iL Cltapq $ �iUBL ___ $4,050. $79 320] `{js Reason for Ad tment ,utly..,-i .. i. ,u ,..I[u.iry._dy al locale the Holiday Bonus for employees Adjustment to close the project to replace the�onstrucdon SpecialistTmck.__P____. _ '$36r050___.__..($32..050) ($7,2Q )) 0 t7I vj'S Infra�tructurppgup _____ e _.$.M $12,500,000 .....f $10,500 OOb $2a, , 0 U(I"U('i (i A j lmenl to comet amount set up fora FEMA Grant ($11,000,000) ($11,000,000) ($22,000,000) FEMA Grant for Canal Improvements too