Loading...
HomeMy WebLinkAboutR-22-03 2nd Qtr Budget AdjustmentRESOLUTION NO. R-22-03 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA RECOGNIZING CERTAIN ADJUSTMENTS TO THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 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 March 31, 2022 indicated budget adjustments 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 March 31, 2022; 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 All resolutions or parts of resolutions in conflict herewith are hereby repealed.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 Councilmember Dodd The motion was seconded by Councilmember McPartlan and, upon being put to a vote, the vote was as follows: Mayor Jim Hill ave Vice -Mayor Fred Jones aye Councihnember Ed Dodd aye Councihnember Bob MCPartlan aye Councilmember Christopher Nunn aye The Mayor thereupon declared this Resolution duly passed and adoppted/�/this 25t day of May 2022. CITY OF SEBASiVINIA.EL9R1lTA ATTEST: AV, iU nette Williams, MMC ity Clerk Approved as if form and legality reliance by the,City ofSeTa tian EXHIBIT "A" OF RESOLUTION R-22-03 SUMMARY OF BUDGET CHANGES FOR THE QUARTER ENDED March 31, 2022 ADJUSTMENTS PREVIOUSLY APPROVED BY CITY COUNCIL: Budget Before Budget Budget After Project/Account Charles Adjustment_60,338 Ch 189013 Reason for ustment ui merit 9._p.__.._......._..........__........ $$22 675 .._._ $$9gbb 01/1222 Approved Ford Hybrid pi from R&R Account ($4,820) _._,($60.338). ($65,158) to replace Caprice with engine fail Expense $20 000 $30.000 $50,000 01/12/22 Approved using CRA Re NO $4,983 $q gg3 01/1222 Approved accepting an Airport $0 $,1 $3.9 Rescue Grant from the FAA that can be 3 used forimprovements. $0 $70000 $70,000 11/1021 Approved Gmntforconstructing $0 000) ($35,000)._ office space at Hangar"C". Grant to cover _ ------ _---------- ___A$35 $0 i$35,000) .... _ _ L_M,000)_ one-half and tenant to ppa the other__ $400,000 $300,000 $700,000 03/0922 Approved using American Rescue Plan $0 ($700,000) ($700,000) Rescue Plan funds for the Concha Dam ($300 000) $300,000 $0 project to not rely Y on a FEMA Grant and rr Reserves (976,190) $ $100,000 ($876,190) spend Stortnwater Reserves to match_it:. its ........ $0 $481 012 $481,012 03/09/22 Approved using American Rescue Plan _ ($700,000) ($481,012) ($1,181,012) Rescue Plan for Employee Payments. ADJUSTMENTS BEING SUBMITTED FOR CITY COUNCIL APPROVAL: Budget Before Budget Budget After ProiecUAccount CharAdjustment Chas9J 376 Reason for Adjustment Unexpected ngs $_9 674 $4,702 $04 Uses R&R Reserve for repairs from RBR Account__________________f$84,86))________($4.702) ($69,583) to Police Department east exit gate; _ Is Other Than Buildings $0 $6,962 $6,962 Uses R&R Reserve for replacement of from R&R Account j$89,583) f$6,962) ($96,545) fountain for Easy Street Park. ngs $9 800 $2 $12 263 Uses R8R Reserve for replacing lights in r from R&R Account ($96,5451 ($2,463)463) ($99,008) the Senior Center. ADJUSTMENTS PREVIOUSLY AUTHORIZED BY THE CITY MANAGER: Budget Before Budget Budget After ProJ'ect/Account Change Adjustment ChanQ�a Reason for Adjustment Improvements Other Than Buildings $0 _ ___,_.. $1,850 $1,850 Adjustment to apply donated funds from the Contributions and Donations $0 ($1,850) ($1) Shrimp Fests to Riverview Park ,850improvements as per the Event Agreement. BSSC scoreboard. om Calico tower Is Creates budget accounts for project to provide an independent fee estimate for designing the work needed for the aso,uua. ____ W91,U4vail__Adjustment to reflect hiring an Airport ($38,006) $253671 Manager paid directly by the Airport rather $38.005 $104,_435_ than reimbursing General Fund for a portion ($38,905) $104,041 of the Facilities Director pay & benefits.