The URL can be used to link to this page

Home My WebLink AboutR-24-58 Final Budget AdoptionRESOLUTION NO. R-24-58 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024 AND ENDING SEPTEMBER 30, 2025; MAKING APPROPRIATIONS FOR THE PAYMENT OF OPERATING EXPENSES, CAPITAL EXPENSES, AND FOR THE PRINCIPAL AND INTEREST PAYMENTS ON THE INDEBTEDNESS OF THE CITY IN THE CITY'S GENERAL FUND, SPECIAL REVENUE FUNDS, CAPITAL IMPROVEMENT FUNDS, GOLF COURSE FUND, AIRPORT FUND, AND BUILDING FUND AS PROVIDED FOR IN SCHEDULE "A", ATTACHED HERETO; ESTABLISHING AUTHORITY OF THE CITY MANAGER TO IMPLEMENT THE BUDGET; PROVIDING FOR SEVERABILITY; PROVIDING FOR CONFLICTS; PROVIDING FOR SCRIVENER'S ERRORS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Manager has submitted a Proposed Budget for the City of Sebastian for the fiscal year beginning October 1, 2024, and ending September 30, 2025; and WHEREAS, on September 16, 2024, the City Council conducted Public Hearings on the Proposed Budget and Adopted the Tentative Budget. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, that: Section 1. The City Manager's Proposed Final Budget is hereby adopted for the Fiscal Year beginning October 1, 2024 and ending September 30, 2025. Section 2. The amounts shown on the attached Schedule "A" are hereby appropriated out of the Treasury of the City, including any revenues accruing to the City available for purposes of the City's budgetary accounts. Section 3. The City Manager is hereby authorized and directed to proceed with the implementation of the service programs and projects provided for in the budget. Such implementation is to be consistent with the provisions of the City Code of Ordinances and policies established by the City Council. Section 4. The City Manager is authorized to make budget adjustments within budgetary accounts, as he deems appropriate. He is further authorized to make budget adjustments between budgetary accounts when necessary to implement programs, projects, and expenditures authorized by the City Council. All other budgetary adjustments will require approval by the City Council. Section 5. If any clause, section, or other parts of this Resolution shall be held by any Court of competent jurisdiction to be unconstitutional or invalid, such unconstitutional or invalid part shall be considered as eliminated and shall in no way affect the validity of the other provisions of this Resolution. Section 6. CONFLICT. All Resolutions or parts of Resolutions in conflict herewith are hereby repealed to the extent of such conflict. Section 7. SCRIVENER'S ERRORS. 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 City Council by filing a corrected copy of same with the City Clerk. Section 8. This Resolution shall become effective October 1, 2024. The foregoing Resolution was moved for adoption by Councilmember Jones . The motion was seconded by Councilmember Nunn and, upon being put into a vote, the vote was as follows: Mayor Ed Dodd aye Vice -Mayor Kelly Dixon aye Councilmember Bob McPartlan aye Councilmember Fred Jones aye Councilmember Christopher Nunn ave The Mayor thereupon declared this Resolution duly passed and adopted on this the 25' day of September, 2024. CITY OF SEBASTIAN, FLORIDA— --- By:- Ed Dodd, Mayor - ATTEST: - - -- - anette Williams, City Clerk Approved as to form and legality for the reliance by the City of Sebastian only: J n er Cockcroft, CitytAttomey ATTACHMENT TO RESOLUTION R-24-54 SCHEDULE"A" BUDGET SUMMARY FISCAL YEAR 2024/2025 GENERAL FUND REVENUES: 001501 Taxes and franchise fees $ 12,854,419 001501 Licenses and permits 184,400 001501 Intergovernmental 3,952,000 001501 Charges for services 957,063 001501 Fines and forfeits 67,050 001501 Miscellaneous 574.500 001501 Transfers in 100,000 Total Revenues $ 18,689,432 EXPENDITURES: 010001 City Council $ 82,305 010005 City Manager 608,145 010009 City Clerk 321,140 010010 City Attorney 261,290 010020 Finance 791,055 010021 Management Information System 757,900 010035 Human Resources 302,050 010041 Police Administration 1,019,060 010043 Police Operations 4,762,345 010047 Police Detective Division 1,574,137 010049 Police Dispatch Unit 872,575 010045 Code Enforcement Division 243,400 010052 Roads and Maintenance 1,495,055 010054 Fleet Management 272,945 010056 Facilities Maintenance 857,320 010059 Cemetery 205,515 010057 Parks and Recreation 1,812,980 010080 Community Development 710,255 010099 Non -departmental 1,739,960 Total Expenditures $ 18,689,432 1 ATTACHMENT TO RESOLUTION R-24-54 SCHEDULE"A" BUDGET SUMMARY FISCAL YEAR 2024/2025 ;1Qx /ilf a��[�aair,, 1133 LOCAL OPTION GAS TAX FUND 120010 REVENUES Taxes $ 804,572 Miscellaneous 67,798 Appropriation from prior year 233,531 Total Revenues $ 1,105,901 120051 EXPENDITURES Operating $ 5,901 Transfers out 1,100,000 Total Expenditures $ 1,105,901 DISCRETIONARY SALES TAX FUND 130010 REVENUES Taxes $ 5,032,170 Miscellaneous 157,307 Appropriation from prior year 861,102 Total Revenues $ 6,050,579 130051 EXPENDITURES Transfers out $ 6,050,579 Total Expenditures $ 6,050,579 RECREATION IMPACT FEE FUND 160010 REVENUES Impact fee S 130,000 Miscellaneous 800 Restricted cash balance carryforward - Total Revenues $ 130,800 160051 EXPENDITURES Transfers out $ 80,000 Unappropriated 50,800 Total Expenditures $ 130,800 STORMWATER UTILITY FUND 163010 REVENUES Stormwater utility fee $ 2,702,000 Miscellaneous 68,664 Restricted cash balance carryforward 83,416 Total Revenues $ 2,854,080 163051 EXPENDITURES Operating $ 2,590,580 Capital Outlay 81,500 Transfers out 182,000 Total Expenditures $ 2,854,080 K ATTACHMENT TO RESOLUTION R 24-54 SCHEDULE"A" BUDGET SUMMARY FISCAL YEAR 2024/2025 SPECIAL REVENUE FUNDS - CONTINUED: PARKING IN -LIEU -OF FEE FUND 190010 REVENUES Miscellaneous $ 10,767 Total Revenues $ 10,767 190051 EXPENDITURES Unappropriated 10,767 Total Expenditures $ 10,767 LAW ENFORCEMENT FORFEITURE FUND 190010 REVENUES Fines and forfeits $ 200 Miscellaneous 1,145 Total Revenues $ 1,345 190051 EXPENDITURES Unappropriated $ 1,345 Total Expenditures $ 1,345 COMMUNITY REDEVELOPMENT AGENCY FUND 163010 REVENUES Tax Increment - Sebastian $ 274,802 Tax Increment - Indian River County 305,073 Miscellaneous 22,012 Restricted cash balance carryforward 338,448 Total Revenues S 940,335 163051 EXPENDITURES Operating $ 242,990 Grants and Aids 25,000 Transfers out for Sewer Connection Program 128,845 Transfers out 543,500 Total Expenditures $ 940,335 CAPITAL PROJECTS FUNDS: REVENUES Transfers from Other Funds $ 8,525,854 Grants 2,405,196 Total Revenues $ 10,931,050 EXPENDITURES Transportation $ 4,490,780 Rccrcation 1,676,000 Physical Environment 3,218,500 Public Safety 684,454 General Government 861,316 Total Expenditures $ 10,931,050 3 ATTACHMENT TO RESOLUTION R-24-54 SCHEDULE"A" BUDGET SUMMARY FISCAL YEAR 2024/2025 ENTERPRISE FUNDS: GOLF COURSE FUND 410010 REVENUES: Charges for services $ 2,003,473 Miscellaneous revenues 9,165 Total Revenues $ 2,012,638 EXPENSES: GOLF COURSE ADMINISTRATION 410110 Personal services $ 368,550 Operating expenses 470,855 Capital Outlay - Repayment ofInterfund Loans 136,991 Unappropriated 23,183 Total Administration $ 999,579 GOLF COURSE GREEN DIVISION 410120 Operating expenses $ 753,935 Capital Outlay 50,000 Total Golf Course Green Division $ 803,935 GOLF COURSE CARTS DIVISION 410130 Personal services $ 175,230 Operating expenses 33,894 Total Golf Course Carts Division $ 209,124 Total Golf Course Expenses $ 2,012,638 4 ATTACHMENT TO RESOLUTION R-24-54 SCHEDULE"A" BUDGET SUMMARY FISCAL YEAR 2024/2025 AIRPORT FUND 450010 REVENUES Charges for services Miscellaneous revenues Total Revenues 450110 EXPENSES: Personal services Operating expenses Debt service Capital Outlay Unappropriated Total Expenses BUILDING DEPARTMENT 480010 REVENUES Charges for services Miscellaneous revenues Restricted cash balance carryforward Total Revenues 480110 EXPENSES: Personal services Operating expenses Capital Total Expenses TOTAL BUDGET SUMMARY GENERALFUND SPECIAL REVENUE FUNDS CAPITAL PROJECT FUNDS ENTERPRISE FUNDS TOTAL BUDGET FOR ALL FUNDS $ 750,675 35,945 $ 786,620 $ 225,005 483,418 38,500 32,000 7,697 $ 786,620 $ 1,093,600 78,991 294,984 $ 1,467,575 $ 1,141,565 232,915 93,095 $ 1,467,575 S 18,689,432 11,093,807 10,931,050 4,266,833 $ 44,981,122 5