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Home My WebLink AboutR-25-32 Adopting Tentative Budget for FY 2025-2026RESOLUTION NO. R-25-32 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA ADOPTING THE TENTATIVE BUDGET FOR THE FISCAL YEAR BEGINNING ON OCTOBER 1, 2025 AND ENDING SEPTEMBER 30, 2026; MAKING APPROPRIATIONS FOR THE PAYMENT OF OPERATING EXPENSES, CAPITAL EXPENSES, AND FOR PRINCIPAL AND INTEREST PAYMENTS ON 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 CONFLICTS; PROVIDING FOR SCRIVENER'S ERRORS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Manager has submitted a Proposed Tentative Budget for the City of Sebastian for the fiscal year beginning October 1, 2025, and ending September 30, 2026; and WHEREAS, the City Council has conducted a Public Hearing on the Proposed Tentative Budget on September 15, 2025. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, THAT: Section 1. ADOPTION OF TENTATIVE BUDGET. The Tentative Budget is hereby adopted for the Fiscal Year beginning on October 1, 2025 and ending September 30, 2026, subject to a final hearing on September 24, 2025. Section 2. AUTHORIZATION OF TENTATIVE APPROPRIATIONS The amounts shown on the attached Schedule "A'' are tentatively 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. CITY MANAGER TENTATIVE AUTHORIZATION - IMPLEMENTATIONS. The City Manager is tentatively authorized and directed to prepare for 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. CITY MANAGER TENTATIVE AUTHORIZATION - BUDGET ADJUSTMENTS. The City Manager is tentatively authorized to make budget adjustments within budgetary accounts shown on Schedule "A" as he deems appropriate. He shall also be authorized to make budget adjustments between budgetary accounts shown on Schedule `'A", when necessary to implement programs, projects, and expenditures authorized by the City Council or for purposes of clarification and enhancement of accounting and reporting requirements. He shall be further authorized to make adjustments to project allocations from remaining balances in other projects or from other available funds when necessary to satisfactory complete requisite projects. All other budgetary adjustments will require prior approval by the City Council. Section 5. CONFLICTS. All Resolutions or parts of Resolutions in conflict herewith are hereby repealed to the extent of such conflict. Section 6. SCRIVENER'S ERRORS. Sections of this resolution maybe 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 7. EFFECTIVE DATE. This Resolution shall become effective upon passage. The foregoing Resolution was moved for adoption by Councilmember Tc)na_q . The motion was seconded by Councilmember Dodd and, upon being put into a vote, the vote was as follows: Mayor Bob McPartlan aye Vice -Mayor Fred Jones aye Councilmember Ed Dodd ye Councilmember Christopher Nunn aye The Mayor thereupon declared this Resolution duly passed and adopted this 15th day of September, 2025. ATTEST: / �p s2P f l .i�c l/A IYt/L J ette Williams, City Clerk CITY OFF SEEBASSTIIAAN, FXPRIDA v Bob MCPartlan, Mayor Approved as to form and legality for the reliance by e City of Sebastian only: Qgaaifer Cockcroft, City 1Attorney ATTACHMENT TO RESOLUTION R-25-32 SCHEDULE "A" BUDGET SUMMARY FISCAL YEAR 2025/2026 GENERAL FUND REVENUES: 001501 Taxes and franchise fees S 13,773,478 001501 Licenses and permits 179,620 001501 Intergovernmental 3,832,810 001501 Charges for services 1,053,417 001501 Fines and forfeits 66,400 001501 Miscellaneous 878,265 001501 Transfers in 100.000 Total Revenues S 19,883,990 EXPENDITURES: 010001 City Council S 60,020 010005 City Manager 610,675 010009 City Clerk 323,630 010010 City Attorney 318,490 010020 Finance 1,021,600 010021 Management Information System 821,530 010035 Human Resources 308,405 010041 Police Administration 1,077,030 010043 Police Operations 5,094,710 010047 Police Detective Division 1,650,210 010049 Police Dispatch Unit 860,265 010045 Code Enforcement Division 278,895 010052 Roads and Maintenance 1,450,855 010054 Fleet Management 402,990 010056 Facilities Maintenance 858,235 010057 Parks and Recreation 1,756,595 010059 Cemetery 188,045 010080 Community Development 795,240 010099 Non -departmental 2,006,570 Total Expenditures S 19,883,990 1 ATTACHMENT TO RESOLUTION R-25-32 SCHEDULE "A" BUDGET SUMMARY FISCAL YEAR 2025/2026 SPECIAL REVENUE FUNDS: LOCAL OPTION GAS TAX FUND 120010 REVENUES Taxes $ 709,020 Miscellaneous 13,218 Appropriation from prior year 229,213 Total Revenues $ 951,451 120051 EXPENDITURES Operating $ 131,451 Transfers out 820,000 Total Expenditures $ 951,451 DISCRETIONARY SALES TAX FUND 130010 REVENUES Taxes $ 5,322,700 Miscellaneous - Total Revenues $ 5,322,700 130051 EXPENDITURES Transfers out $ 5,177,085 Unappropriated 145,615 Total Expenditures $ 5,322,700 COMMUNITY REDEVELOPMENT AGENCY FUND 140010 REVENUES Tax Increment - Sebastian $ 314,399 Tax Increment - Indian River County 323,707 Miscellaneous 12 Restricted cash balance carryforward 638,950 Total Revenues $ 1,277,068 140051 EXPENDITURES Operating $ 293,385 Grants and Aids 125,000 Transfers out for Sewer Connection Program - Transfers out 858,683 Total Expenditures $ 1,277,068 PARKING IN -LIEU -OF FEE FUND 150010 REVENUES Miscellaneous $ 2,340 Total Revenues $ 2,340 150051 EXPENDITURES Unappropriated 2,340 Total Expenditures $ 2,340 2 ATTACHMENT TO RESOLUTION R-25-32 SCHEDULE "A" BUDGET SUMMARY FISCAL YEAR 2025/2026 RECREATION IMPACT FEE FUND 160010 REVENUES Impact fee S 131,300 Miscellaneous - Total Revenues $ 131,300 160051 EXPENDITURES Transfers out $ 100,000 Unappropriated 31,300 Total Expenditures $ 131,300 STORMWATER UTILITY FUND 163010 REVENUES Stormwater utility fee S 2,756,060 Miscellaneous 81,630 Restricted cash balance carryforward 75,933 Total Revenues S 2,913,623 163051 EXPENDITURES Operating S 2,627,568 Capital Outlay - Transfers out 286,055 Total Expenditures $ 2,913,623 SOLID WASTE FUND 170010 REVENUES Collection Fees $ 2,453,360 Miscellaneous - Total Revenues S 2,453,360 170051 EXPENDITURES Operating expenses S 2,432,000 Unappropriated S 21,360 Total Expenditures $ 2,453,360 LAW ENFORCEMENT FORFEITURE FUND 190010 REVENUES Fines and forfeits $ 500 Restricted cash balance carryforward 1,000 Total Revenues $ 1,500 190051 EXPENDITURES Unappropriated $ 1,500 Total Expenditures $ 1,500 91 ATTACHMENT TO RESOLUTION R-25-32 SCHEDULE "A" BUDGET SUMMARY FISCAL YEAR 2025/2026 CAPITAL PROJECTS FUNDS: REVENUES Transfers from Other Funds $ 8,518,478 Grants 3,960,830 Total Revenues $ 12,479,308 EXPENDITURES General Government $ 1,299,683 Public Safety 904,400 Transportation 7,274,170 Recreation 1,700,000 Physical Environment 1,301,055 Total Expenditures $ 12,479,308 ENTERPRISE FUNDS: GOLF COURSE FUND 410010 REVENUES: Charges for services $ 2,074,180 Miscellaneous revenues - Restricted cash balance carryforward 155,442 Total Revenues $ 2,229,622 EXPENSES: GOLF COURSE ADMINISTRATION 410110 Personnel services $ 388,520 Operating expenses 463,565 Capital Outlay 200,000 Repayment of Interfund Loans 137,397 Unappropriated - Total Administration $ 1,189,482 GOLF COURSE GREEN DIVISION 410120 Operating expenses $ 776,190 Capital Outlay 50,000 Total Golf Course Green Division $ 826,190 GOLF COURSE CARTS DIVISION 410130 Personnel services $ 180,430 Operating expenses 33,520 Total Golf Course Carts Division $ 213,950 Total Golf Course Expenses $ 2,229,622 4 ATTACHMENT TO RESOLUTION R-25-32 SCHEDULE "A" BUDGET SUMMARY FISCAL YEAR 2025/2026 ENTERPRISE FUNDS - CONTINUED: AIRPORT FUND 450010 REVENUES Charges for services Miscellaneous revenues Restricted cash balance carryforward Total Revenues 450110 EXPENSES: Personnel services Operating expenses Debt service Capital Outlay Total Expenses BUILDING DEPARTMENT 480010 REVENUES Charges for services Miscellaneous revenues Restricted cash balance carryforward Total Revenues 480110 EXPENSES: Personnel services Operating expenses Capital Total Expenses TOTAL BUDGET SUMMARY GENERAL FUND SPECIAL REVENUE FUNDS CAPITAL PROJECT FUNDS ENTERPRISE FUNDS TOTAL BUDGET FOR ALL FUNDS $ 835,215 26,100 78,332 $ 939,647 $ 264,715 478,682 38,500 157,750 $ 939,647 $ 1,021,100 88,550 442,662 $ 1,552,312 $ 1,246,385 295,927 10,000 $ 1,552,312 $ 19,883,990 13,053,342 12,479,308 4,721,581 $ 50,138,221 5