The URL can be used to link to this page

Home My WebLink AboutR-01-58 RESOLUTION NO. R-01-58 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA ADOPTING AN AMENDED BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2000 AND ENDING SEPTEMBER 30, 2001 AS PROVIDED FOR IN EXHIBIT "A"; PROVIDING FOR CONFLICTS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, on September 27, 2000, the City of Sebastian adopted Resolution No. R-00-50 providing for the adoption of the City's 2000-01 budget; and WHEREAS, an analysis of the revenues and expenditures for the nine (9) months ended June 30, 2001 has indicated that some adjustments are necessary, 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, 2000 and ending September 30, 2001 be amended, a copy of which is attached hereto and more particularly identified as Exhibit "A", which are hereby adopted and the revised appropriations set out therein are hereby 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 All resolutions or parts of resolutions in conflict herewith are hereby repealed.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. This Ordinance shall be come effective on June 30, 2001. It was moved for adoption by Councilmember Hill The motion was seconded by Councilmember Barczyk being put to a vote, the vote was as follows: and, upon Mayor Walter Barnes aye Vice-Mayor Ben Bishop aye Councilmember Joe Barczyk aye Councilmember Ed Majcher, Jr. aye Councilmember James A. Hill aye The Mayor thereupon declared this Resolution duly passed and adopted this 25th day of July, 2001. ATTEST: ~a!#~ ' a y A. io, CM City Clerk CITY OF SEBASTIAN, FLORIDA By: V\J rJJ)j) {~ wv-rLJJ Mayor Walter Barnes Approved as to form and content for relia y the City of Sebastian only: .~( 2 -- APRIL 1, 2001 JUNE 30, 2001 AMENDED AMENDED BUDGET AD.mSTMENTS BUDGET GENERAL Revenues $ 7,553,623 $ 37,677 $ 7,591,300 Expenditures $ 7,553,623 $ 37,677 $ 7,591,300 LOCAL OPTION GAS TAX Revenues $ 543,160 $ $ 543,160 Expenses $ 543,160 $ $ 543,160 DISCRETIONARY SALES TAX Revenues $ 1,948,970 $ $ 1,948,970 Expenditures $ 1,948,970 $ $ 1,948,970 RIVERFRONT REDEVELOPMENT Revenues $ 95,586 $ $ 96,586 Expenditures $ 95,586 $ $ 96,586 DEBT SERVICE FUND Revenues $ 64,874 $ $ 64,874 Expenses $ 64,874 $ $ 64,874 GOLF COURSE Revenues $ 2,397,735 $ $ 2,397,735 Expenses $ 2,397,735 $ $ 2,397,735 AIRPORT Revenues $ 300,731 $ 32,609 $ 333,340 Expenses $ 300,731 $ 32,609 $ 333,340 MAJOR EQUIPMENT REPLACEMENT FUND Revenues $ 1,006,100 $ $ 1,006,100 Expenses $ 1,006,100 $ $ 1,006,100 EXHIBIT A 3 r CI1Y Of HOME OF PELICAN ISLAND TO: MAYOR AND CITY COUNCIL FROM: CITY MANAGER DATE: SUBJECT: JULY 18,2001 3rd QUARTER BUDGET REVIEW - JUNE 2001 As of June 30, 2001, the status of budgets for the major operating funds was as follows: % OF BUDGET AMENDED RECEIVED/ BUDGET RECEIVED/ BUDGET EXPENDED BALANCE EXPENDED GENERAL Revenues $ 7,553,623 $ 6,043,731 $ 1,509,892 80.0% Expenditures $ 7,553,623 $ 5,049,878 $ 2,503,745 66.9% GOLF COURSE Revenues $ 2,397,735 $ 1,833,656 $ 564,079 76.5% Expenses $ 2,397,735 $ 1,916,910 $ 480,825 79.9% AIRPORT Revenues $ 300,731 $ 173,099 $ 127,632 57.6% Expenses $ 300,731 $ 181,033 $ 119,698 60.2% Highlights of the six month status analysis include: 1. Overall revenues supporting the General fund are being received as planned. During the nine months ended June 30, 2001, 80.0% of the budgeted revenues were received. The third quarter budget review includes recommendations to increase overall revenue by $37,677 that consists of$2,750 in Mobile Home Licenses, $13,803 in PD Overtime Fees, $12,920 in Skate Facility Fees, $14,825 in Sale of Fixed Assets, $1,515 in Contributions and Donations, $1,864 in Insurance Proceeds and a reduction of $10,000 in Admin Service Fees to the Riverfront Redevelopment Fund. The General fund has expended 66.9% of its budgeted expenditures, however, due to offsets to revenue received, such as expenditures in overtime for the Florida Tobacco Program, donations received to offset expenditures for plantings, as well as insurance proceeds for repairs to vehicles and skate facility start up costs, there are recommended net increase in expenditures of$37,677. Special Revenue Funds The Discretionary Sales Tax, Local Option Gas Tax Special Revenue and Riverfront Redevelopment funds are receiving revenue as planned and recording expenditures as expected. There are no recommended changes to these funds for the third quarter. Due to the passing of the Recreation Impact Fee Ordinance with an effective date of August 1,2001, we are adding and additional special revenue fund for capturing these earmarked revenues. Therefore, a recommended budget for the last two months of the year is $39,000 in impact fees and an additional $545 in interest earned on those funds. Since these funds will no be used in the current fiscal year for funding recreational improvement projects, the proposed expenditure increase is in the Unappropriated account of $39,545. 2. Debt Service Fund Overall, the debt service fund is receiving revenue as planned and debt service payment has been made. There are no changes to this fund for the third quarter. 3. Capital Projects Funds Enclosed with this budget review are capital project status reports. There is one addition to capital projects for the third quarter. $29,525 for the purchase and installation of the Clock Tower. This is funded by $24,530 in donations from the 75th Anniversary Fundraisers and 5,000 in budget savings in the General Capital Projects Fund 4. Golf Course Fund The Golf Course fund is receiving and expending funds as anticipated. There are no recommended changes to this fund for the third quarter 5. Airport Fund Overall revenues and expenses are being received and expended as planned in the third quarter. There is one adjustment to the Airport Fund for the prior approval of a Joint Anticipation Agreement for the purpose of purchasing a tractor and ground to air radio for the Airport. This is an increase in grant funds and for capital outlay in the amount of $32,609. Staff has kept well within the adopted budget in all funds to maintain maximum fiscal flexibility. Staff will continue to monitor and review each position vacancy as it occurs for service level consequences. /'---} ~ / 2 ANAL YSIS OF GENERAL FUND REVENUE Overall revenues supporting general fund activities are being received as planned. A total of $6,043,731 or 80.0% of the $7,553,623 amended budget was received during the first nine months of the year. This percentage is high due to 100 percent property taxes being received during the none months ended June 30, 2001. Last year 75.1 % of budgeted revenue was received during the same period. TAXES: Real and Personal Property Tax Collections were 100% of budget which is higher than fiscal year 1999-00 when 97.0% of the property tax budgeted was collected. The Franchise Fees and Utility Service Taxes will be monitored for the remainder of the year, as most ofthem are below the 75% collection estimate for the first nine months of the year. This is due to timing differences in recording the revenue and the actual cash received, however, we are confident that the revenue budgeted will be realized. LICENSES AND PERMITS: Occupational and Professional Licenses are being received as planned with 88.7% of budgeted revenues received as compared to last year at 89.9% for the same period. Construction permitting is slightly below the 75% level for nine months at 63.8% of budgeted revenues. While revenues are down slightly, no change is recommended at this time. Generally there are spurts in permitting and although permitting has slowed slightly during the six months ended March 31, 2001, they have picked up in the third quarter with 74 permits being issued. The final quarter of the year should bring us within budgeted revenues for the fiscal year. INTERGOVERNMENTAL REVENUE: During the nine months ended June 30, 2001, the City has received 70.4% of the projected revenue which is well below the last year's amount of98% for the same period. This is due to timing differences associated with when revenue is recorded and when actual cash is received. The cash receipts received in October by the City is generally associated with revenue received in August by the State and therefore, in accordance with generally accepted accounting principles, would be recorded in the prior year. In addition, since a greater share of revenue is from municipal revenue sharing, and that there is generally no distribution in June for this source (though it is doubled up in July) the amount will be lower than anticipated. The City is confident however, that the remaining amount will be collected before year end. We are, however, recommending an increase in Mobile Home Licenses, which is well above the originally calculated budget based upon prior years, of $2,750. GENERAL GOVERNMENT REVENUE: During the nine months ended June 30, 2001, the City has received 99.7% of the budgeted revenues in this group. This compares favorably with collections in the previous year of 98% for the same period. We are, however, recommending the and increase for PD Overtime Fees of $13,803 for reimbursements associated with the Proximity Tobacco Enforcement program with the Division of Alcoholic Beverages and Tobacco. This is a direct reimbursement of costs and the corresponding expenditure increase will be discussed later under the Police Department Budget. Also, we are recommending a budget for the four months associated with the Skate Facility being open of $12,920 offset by a decrease in Admin Service Fees to the Redevelopment District of $10,000. FINES AND FORFEITURES: During the nine months ended June 30, 2001, 63.8% of budgeted revenue had been collected or received as compared to 92.0% in the prior year. This reflects a downward trend in traffic citation revenue in the current 3 year. Although, total fines and forfeitures are less than last year, we are beginning to see an increase towards the end of year in traffic citations and believe this trend will continue through to year end. MISCELLANEOUS REVENUES: During the nine months ended June 30, 2001, the City has received 92.1% of miscellaneous revenues. This compares to 81.4% received in the prior year for the same period. This is primarily due to the revenues being collected well in excess of expectations. We are recommending Sales of Fixed Assets be increased by $14,825 for the May 19, 2001 auction, bring the total $48,290 in auction proceeds for the year, Contributions and Donations of $1,515 which is offset by expenditures for which these donations were earmarked, and $1,864 in Insurance Proceeds offset by expenditures associated with repairs of damaged vehicles and for a cut BellSouth Line. OTHER REVENUE SOURCES: Other revenue sources remains constant for this quarter and there is no changes recommended at this time. The following changes are a summary of the analysis above and are the net recommended changes to the revenue accounts: - AMENDED REVISED 2000-2001 RECOMMENDED 2000-2001 Department: General Fund BUDGET CHANGES BUDGET Taxes 4,151,027 0 4,151,027 Licenses and Permits 486,764 0 486,764 InteTl!overnmental 1,537,486 2,750 1,540,236 Char2es for Services 208,542 16,723 225,265 Fines and Forfeits 149,775 0 149,775 Miscellaneous Revenues 343,514 18,204 361,718 Interfund Transfers 341,620 0 341,620 Non-Revenue Sources 334,895 0 334,895 Total 7,553623 37,677 7,591,300 NET RECOMMENDED INCREASE TO THE GENERAL FUND REVENUES $37,677. 4 ANAL YSIS OF GENERAL FUND EXPENDITURES The recommended adjustments to the General Fund departmental expenditure accounts include increased funding for offsets of revenues received after the fact, i.e. Skate Facility Fees, PD Overtime Service Fees, Donations, and Insurance Proceeds Most departmental percentages were at or below the 75% level for the nine months ended June 30, 2001. In addition, there are additional funding requests included by department. EXPENDITURES: "" AD.mSTED REVISED Department: City Clerk 2000-2001 RECOMMENDED 2000-2001 BUDGET CHANGES BUDGET PERSONAL SERVICES 210,575 0 210,575 OPERATING EXPENDITURES 80,262 0 80,262 CAPITAL OUTLAY 21,500 12,048 33,548 Total 312,337 12,048 324,385 Capital Outlay - $12,048 is for purchase of video equipment previously appropriated from contingency and approved by Council, however, this is the formal increase in the budget. '" AD.mSTED REVISED Department: Le~al 2000-2001 RECOMMENDED 2000-2001 BUDGET CHANGES BUDGET PERSONAL SERVICES 94,843 598 95,441 OPERATING EXPENDITURES 14,377 0 14,377 CAPITAL OUTLAY 0 0 0 Total 109,220 598 109,818 Personal Services - Increase associated council approved salary increase for City Attorney. 5 '" AD.mSTED REVISED Department: Police 2000-2001 RECOMMENDED 2000-2001 Administration Division BUDGET CHANGES BUDGET PERSONAL SERVICES 302,439 (17,218) 285,221 OPERATING EXPENDITURES 61,915 25,800 87,715 CAPITAL OUTLAY 1,500 0 1,500 Total 365,854 8,582 374,436 Personal Services - Decrease results from reclassification of budget for purposes of contractual services with the Indian River County Sheriffs Office for interim Police Chief services. The decrease in funds available for payment of the contract for interim Police Chief Services is due to the addition of a temporary part-time clerical position added for the purpose of accreditation and alarm tracking in accordance with the alarm ordinance. Operating Expenditures - Increase reflects the cost of the Interim Police Chief services with the Indian River County Sheriffs Office in the amount of $24,800 as well as a reclassification of budget from the Patrol Division for an increase in departmental supplies associated with Records Management of$l,OOO. ""- ADJUSTED REVISED Department: Police 2000-2001 RECOMMENDED 2000-2001 Patrol Division BUDGET CHANGES BUDGET PERSONAL SERVICES 1,123,194 11,042 1,134,236 OPERATING EXPENDITURES 110,561 (735\ 109,826 CAPITAL OUTLAY 27,231 0 27,231 Total 1,260,986 10,307 1,271,293 Personal Services - Increase reflects reimbursed costs associated with Division of Alcoholic Beverages and Tobacco's Tobacco Proximity Tobacco Enforcement Program. Operating Expenditures - Decrease accounts for donation of various office equipment from Crime Stoppers for $265offset by a reclassification of budget for departmental supplies to the Administration Division. "" ADJUSTED REVISED Department: Police 2000-2001 RECOMMENDED 2000-2001 Detective Division BUDGET CHANGES BUDGET PERSONAL SERVICES 301,875 2,761 304,636 OPERATING EXPENDITURES 55,178 0 55,178 CAPIT AL OUTLAY 6,500 0 6,500 Total 363,553 2,761 366,314 Personal Services - Increase reflects reimbursed costs associated with Division of Alcoholic Beverages and Tobacco's Tobacco Proximity Tobacco Enforcement Program. 6 "" AD.mSTED REVISED Department: Roads & 2000-2001 RECOMMENDED 2000-2001 Drainage BUDGET CHANGES BUDGET PERSONAL SERVICES 761,114 0 761,114 OPERA TING EXPENDITURES 262,512 1,847 264,359 CAPITAL OUTLAY 38,314 0 38,314 Total 1,061,940 1,847 1,063,787 Operating Expenditures - Increase is a result of an insurance reimbursement for a cut telephone line charged to other contractual services and an increase for the City's assumption ofthe maintenance fee for the Main Street Railroad Crossing which is currently assigned to the County, however, it does belong to the City. "'" ADmSTED REVISED Department: Building 2000-2001 RECOMMENDED 2000-2001 Maintenance BUDGET CHANGES BUDGET PERSONAL SERVICES 128,784 0 128,784 OPERATING EXPENDITURES 46,230 5,124 51,354 CAPITAL OUTLAY 0 0 0 Total 175,014 5,124 180,138 Operating Expenditures - Increase results from funding the cost of major repairs (not capital related) to the electronic systems for the Police Department HV AC system. This was not anticipated at the beginning of the year for budgeting purposes. ~ AD.mSTED REVISED Department: Parks & 2000-2001 RECOMMENDED 2000-2001 Recreation BUDGET CHANGES BUDGET PERSONAL SERVICES 368,761 10,304 379,065 OPERA TING EXPENDITURES 122,935 2,868 125,803 CAPITAL OUTLAY 15,195 0 15,195 Total 506,891 13,172 520,063 Personal Services - Increase reflects estimated cost wage cost of Skate Facility Attendants along with the City's portion of FICA. Operating Expenditures - Increase results from an Insurance reimbursed cost of a vehicle and the donation of funds for the purpose of planting the East side of City Hall building. 7 "" AD.mSTED REVISED Department: Non-departmental 2000-2001 RECOMMENDED 2000-2001 BUDGET CHANGES BUDGET OPERATING EXPENDITURES 646,153 0 646,153 INTERFUND TRANSFERS 464,554 0 464,554 CONTINGENCY 79,517 (16,762) 62,755 Total 1,190,224 (16,762) 1,173,462 Contingency - Decrease is the net result of the various budget adjustment outlined above. Following is a summary of the General fund Departments and Divisions explained above: FUND & AMENDED RECOMMENDED AMENDED INCREASE ACCOUNT DESCRIPTION BUDGET CHANGES BUDGET (DECREASE) GENERAL FUND OPERATING EXPENDITURES AND CAPITAL OUTLAY BY DEPARTMENT/ DIVISION: LEGISLATIVE 34,601 0 34,601 0 CITY MANAGER 258,390 0 258,390 0 CITY CLERK 312,337 12,048 324,385 12,048 LEGAL 109,220 598 109,818 598 FINANCE 297,978 0 297,978 0 HUMAN RESOURCES 186,921 0 186,921 0 POLICE DEPARTMENT 0 ADMINISTRATIVE DIVISION 365,854 8,582 374,436 8,582 PATROL DIVISION 1,260,986 10,307 1,271,293 10,307 CODE ENFORCEMENT 93,199 0 93,199 0 DETECTIVE DIVISION 363,553 2,761 366,314 2,761 COMMUNICA TlONS DIVISION 309,817 0 309,817 0 ENGINEERING 271,381 0 271,381 0 PUBLIC WORKS: 0 ROADS & DRAINAGE 1,061,940 1,847 1,063,787 1,847 GARAGE PERSONNEL 131,059 0 131,059 0 BUILDING MAINTENANCE 175,014 5,124 180,138 5,124 PARKS & RECREATION 506,891 13,172 520,063 13,172 CEMETERY 93,940 0 93,940 0 GROWTH MANAGEMENT 243,541 0 243,541 0 BUILDING DEPARTMENT 286,777 0 286,777 0 NON-DEPARTMENTAL 1,190,224 (16,762) 1,173,462 (16,762) TOTAL OPERATING EXPENDITURES AND CAPITAL OUTLAY BY DEPARTMENT/DIVISION: 7,553,623 37,677 7,591,300 37,677 NET RECOMMENDED INCREASE TO THE GENERAL FUND EXPENDITURES $37,677. 8 ANALYSIS OF RECREATIONAL IMPACT FEE SPECIAL REVENUE FUND Revenues: ---- ADJUSTED REVISED Special Revenue Fund - 2000-2001 RECOMMENDED 2000-2001 Recreation Impact Fee BUDGET CHANGES BUDGET Recreation Impact Fees 0 39,000 39,000 Other Revenue 0 545 545 Total 0 39,545 39,545 Recreation Impact Fee - Increase results from implementation ofthe Recreation Impact Fee as of August 1,2001 and the estimate of revenue to be received for the last two months of the fiscal year. Other Revenue - Increase results from anticipated interest earned on the Recreation Impact Fees collected. Expendi tures: ""- ADJUSTED REVISED Special Revenue Fund - 2000-2001 RECOMMENDED 2000-2001 Recreation Impact Fee BUDGET CHANGES BUDGET OPERATING EXPENDITURES 0 0 0 CAPITAL OUTLAY 0 0 0 INTERFUND TRANSFERS 0 0 0 UNAPPROPRIA TED 0 39,545 39,545 Total 0 39,545 39,545 Unappropriated - Increase results from the funds anticipated to be collected in final two months of fiscal year and the fact that they will not be spent on any projects in the current fiscal year. ANAL YSIS OF CAPITAL PROJECTS Capital Projects are proceeding as expected (See enclosed project summaries by fund). The following capital projects are proposed to be added to the Capital Projects funds. These projects are interim program changes authorized by the City Manager in accordance with the Budget Resolution. Title Clock Tower Project Amount $29,525 Funding Source - Donations/ Budget Svgs Comments $24,525 in donations, brick purchases-75th Anniversary Program and budget savings with fund. 9 ANAL YSIS OF AIRPORT FUND Revenue: ADJUSTED REVISED 2000-2001 RECOMMENDED 2000-2001 Airport Fund BUDGET CHANGES BUDGET Grants 0 32,609 32,609 Rents & Royalties 181,339 0 181,339 Other Miscellaneous Revenue 5,000 0 5,000 lNon-Operating Revenue 114,392 0 114,392 Total 300,731 32,609 333,340 Grants - Previously approved by Council. Amount represents FDOT Joint Participation Agreement share in purchasing Mower and air to ground radio. Expenses: ~ AD.mSTED REVISED Airport: 2000-2001 RECOMMENDED 2000-2001 Administrative BUDGET CHANGES BUDGET PERSONAL SERVICES 46,737 0 46,737 OPERA TING EXPENDITURES 67,060 0 67,060 CAPITAL OUTLAY 37,397 32,609 70,006 INTRAFUND TRANSFERS 140,000 0 140,000 CONTINGENCY 9,537 0 9,537 Total 300,731 32,609 333,340 Capital Outlay - Increase represents grant assisted purchase of a mower and ground to air radio. 10 FUND 310 AS OF JUNE 30, 2001 Current Prior Balance Project Year Year All Years to % Number Description 8 udget Expenditures Expenditures Expenditures Encumbrances Complete Complete COIOI City Hall Renovation 200.000.00 44,773.99 53,146.71 97,920.70 28,537.00 73,542.30 48.96% CIIOI Cemetery Gate Arches Replacement 27 ,661.00 1,025.87 1,025.87 22,566.00 4,069.13 3.71% CII02 Riverview Park Playground Equipment (CLOSED) 23,860.00 23,836.22 23,836.22 23.78 99.90% CII03 Scanning/Imaging System 24,800.00 19,495.89 19,495.89 1,250.00 4,054.11 78.61% CII04 Derelict Vessel Removal 31.094.00 6,900.00 6,900.00 21,700.00 2,494.00 22.19% 307,415.00 96,031. 97 53,146.71 149,178.68 74.053.00 84,183.32 CITY OF SEBASTIAN CAPITAL IMPROVEMENT PROJECTS FUND 320 AS OF JUNE 30, 2001 Current Prior Balance Proj ect Year Year All Years to % Number Description Budget Expenditures Expenditures Expenditures Encumbrances Complete Complete C0201 Storm water Management Plan Update 200,000.00 101.71 5,000.00 5,101.71 150,000.00 44,898.29 77.55% C0202 BSSC FY 200 I Improvements 314,100.00 201,268.13 559.32 20 I ,827.45 33,599.00 78,673.55 74.95% C0204 Compound Storage Shed 13,586.00 11,156.82 625.75 11,782.57 1,803.43 86.73% C0213 Rotary Boardwalk (CLOSED) 29,222.00 23,384.16 3,877.45 27,261.61 1,960.39 93.29% CI201 THREE Welcome Signs 20,000.00 15,278.60 15,278.60 4,721.40 76.39% CI202 Riverview Park Improv Phase I 295,000.00 2,369.12 2,369.12 292,630.88 0.80% CI203 FYOI Reroof Shelters @ Parks 6,000.00 780.86 780.86 5,219.14 13.01% CI204 Schumann Park Improvements 87,000.00 2,405.26 2,405.26 26,817.00 57,777.74 33.59% C1205 Chemical Storage Facility (Closed to C9201) 0.00 0.00 0.00 0.00 #DIV/O! CI206 Land Purchase & Compund Extension 31,509.00 0.00 0.00 31,509.00 0.00% CI207 Perimeter Culvert-Columbus (CLOSED) 4,000.00 2,573 .52 2,573.52 1,426.48 64.34% CI208 Majestie/Seahouse Road Crossing (CLOSED) 9,430.00 4,248.02 4,248.02 5,181.98 45.05% CI209 Floriland Perimeter Culvert (CLOSED) 8,318.00 4,913.37 4,913.37 3,404.63 59.07% CI210 Lanfair/Shakespere Road Crossing (CLOSED) 6.127.20 1,570.60 1,570.60 4,556.60 25.63% CI211 S. Wimbrow/Columbia Rd Culvert (CLOSED) 8,539.05 8,002.47 8,002.47 536.58 93.72% CI212 Dickens Side Yard Culvert - 81k 294 (CLOSED) 9,738.86 9.738.86 9,738.86 0.00 100.00% CI213 Dock SY - Lot 9110, B494, UI5 (CLOSED) 6,838.05 6,838.05 6,838.05 0.00 100.00% Cl214 Joyhaven SY-Lot 22/23, BK 390, UII (CLOSED) 10,760.35 10,760.35 10,760.35 0.00 100.00% CI215 Bayharbour SY-Lot 27, BK 257, UIO (CLOSED) 5,138.37 5,138.37 5,138.37 0.00 100.00% CI216 Blossom SY-Lot 8, BK 168, U5 (CLOSED) 9,918.00 6,266.13 6,266.13 3,651.87 63.18% C1217 Garden Club Park Irrigation 4,500.00 3,089.46 3,089.46 1,410.54 68.65% CI218 Fleming St Drainage (Swales, etc.) 17.000.00 6,793.79 6,793.79 1,380.00 8,826.21 48.08% CI219 Majestic SY-Lot lOlli, blk 316, UI3 (CLOSED) 6,900.00 6,464.42 6,464.42 435.58 93.69% CI220 Floraland SY -Lot 19/20, blk 126, U4 (CLOSED) 7,400.00 4,637.58 4,637.58 2,762.42 62.67% CI221 Orange Av Swale Reconstuct 48,090.00 7,318.99 7,318.99 4,221.00 36,550.0 I 24.00% Cl222 Sol got/Main St Xing - Unit I 9,725.00 2,561.98 2,561.98 7,163.02 26.34% CI223 Solgot/SY Culvert Lot 911 0, Blk 2, Unit I 13,268.00 2,442.13 2,442.13 10,825.87 18.41% CI224 (7) Perimeter Culverts - Unit 2 14,972.00 9,750.00 9,750.00 5,222.00 65.12% CI225 Durant Street #2 (2 Culvert Pipes) 2,110.00 364.32 364.32 1,745.68 17.27% Cl226 Mulberry SY Culvert-L22/23 Unit 4 14.500.00 1.560.24 1,560.24 2,959.00 9,980.76 3 1.17% C1227 Durant Street #1 (2 Perimeter Culverts) 4,700.00 2,426.29 2,426.29 2,273.71 51.62% C6201 Side Yard Culvert Pipes (CLOSED) 150,196.86 34,601.61 115,595.25 150,196.86 0.00 100.00% C6202 Elkham Dam 1,021,200.00 297,436.59 462,762.07 791,049.75 18,032.00 212,118.25 79.23% C6204 Road Drainage Improvement CLOSED) 1,313,205.67 19,701.05 1.293,504.62 1,313,205.67 (0.00) 100.00% C7203 Community Center Improvements 40,213.00 405.88 2,380.77 2,786.65 37,426.35 6.93% C7204 Yacht Club Renovation 66,421.00 30,961.49 7,442.55 38,404.04 23,912.00 4,104.96 93.82% C8202 Blossom Drainage Improvements 198,200.00 0.00 0.00 0.00 198,200.00 0.00% C9201 DPW Compound Improvements 125,435.00 46.05505 76,723.69 122,778.74 0.00 2,656.26 97.88% C9208 Hardee Park Restroom Improvements 57,562.00 34,041.48 1,617.29 35,658.77 19,494.00 2,409.23 95.81% 4,190,823.41 827,406.75 1,970,088.76 2,828,346.60 280,414.00 1,082.062.81 1 CITY OF SEBASTIAN TRANSPORT A nON CAPITAL PROJECTS FUND 330 AS OF JUNE 30, 2001 Current Prior Balance Project Year Year All Years to % Number Description Budget Expcnditures Expenditures Expenditures Encumbrances Complete Complete C0301 Median Improvement Program (CLOSED) 10,000.00 5,055.00 4,308.32 9,363.32 0.00 636.68 93.63% C0302 Fleming Street Sidewalk 64,900.00 20,670.90 20,670.90 32,433.00 11,796.10 31.85% C1301 Barber St Improvements Phase I 238,300.00 0.00 238,300.00 0.00% CI302 Barber St Improvements Phase II 200,000.00 25,783.72 25,783.72 11,716.00 162,500.28 12.89% CI303 Main Street Landscaping 10,000.00 0.00 10,000.00 0.00% C1304 CR 512 Alley Improvements 6,000.00 0.00 6,000.00 0.00% C1305 Tulip Drive Bikepath 35,200.00 0.00 35,200.00 0.00% Cl306 Schumann Dr Bikepath Extension 20,400.00 0.00 20,400.00 0.00% Cl307 Clock Tower/Fellsmere Road 24,530.00 0.00 21,125.00 3,405.00 0.00% C9301 Barber St Bridge Improv 291,000.00 32,850.01 32,850.01 258,149.99 11.29% 900,330.00 51,509.62 37,158.33 88,667.95 65,274.00 746,388.05 CITY OF SEBASTIAN ROAD PAVING PROJECT FUND FUND 335 AS OF JUNE 30, 2001 Current Prior Balance Projcct Year Year All Years to % Number Description B udgct Expenditures Expenditures Expenditures Encumbrances Complete Complete C8308 Road Paving Project 3,304,855.00 631,531.48 1,900,986.14 2,532,517.62 477,080.00 295,257.38 76.63% CITY OF SEBASTIAN GOLF COURSE PROJECTS FUND 415 AS OF JUNE 30, 2001 Current Prior Balance Project Amended Year Year All Years to % Number Description Budget Expenditures Expcnditures Expenditures Encumbrances Complete Complete C0402 Seal & Asphalt Parking Lot 35,200.00 0.00 0.00 3,565.00 31,635.00 0.00% C0403 Irrigation System Upgrade 67,047.00 10,140.00 56,885.38 67,025.38 21.62 99.97% C1401 Golf Course Renovation 700,000.00 46,557.34 46,557.34 540,663.00 112,779.66 6.65% CI402 Hole 1l117/Entrance Irrigation 13,500.00 13,470.28 13,470.28 29.72 99.78% 815,747.00 70,167.62 56,885.38 127,053.00 544,228.00 144,466.00 CITY OF SEBASTIAN AIRPORT PROJECTS FUND 455 AS OF JUNE 30, 2001 Current Prior Balance Projcct Amended Year Year All Years to % Number Description Budget Expenditurcs Expenditures Expenditures Encumbrances Complete Complete C0501 5 Year Capital Improvement Plan 300,000.00 121,481.38 53,033.66 174,515.04 125,484.96 58.17% C0503 R1W Lighting and Security Fence 135,000.00 15.028.84 45.90 15,074.74 19,962.00 99,963.26 11.17% CI501 Install Security Fencing (Closed) 0.00 0.00 0.00 #DIV/O! CI502 Rehab Airport Taxiways 625,000.00 0.00 625,000.00 0.00% CI503 Airport Admin Building (Closed) 0.00 0.00 0.00 #DIV/O! Ct504 GC Holes 11 & 17 Relocation (CLOSED) 250,000.00 250,000.00 250,000.00 0.00 100.00% 1,310,000.00 386,510.22 53,079.56 439,589.78 19,962.00 850,448.22 33.56% CITY OF SEBASTIAN SCHEDULE OF INVESTMENTS STATE BOARD OF ADMINISTRATION AS OF JUNE 30, 2001 NAME PERCENT CURRENT BAL GENERAL FUND 50.75% 3,710,772.08 LOCAL OPTION GAS TAX FUND 1.97% 143,885.46 DISCRETIONARY SALES TAX FUND 1.12% 82,081.37 RIVERFRONT REDEVELOPMENT FUND 0.42% 30,553.67 DEBT SERVICE FUND 2.00% 146,103.39 CAPITAL PROJECTS FUND 1.16% 84,971.74 CAPITAL IMPROVEMENT FUND 14.54% 1,063,026.72 TRANSPORTATION IMPROVEMENT FUND 2.67% 195,074.05 GOLF COURSE FUND 4.39% 321,279.75 GOLF COURSE PROJECTS FUND 4.12% 301,394.09 AIRPORT FUND 0.02% 1,799.68 AIRPORT PROJECTS FUND 3.33% 243,247.61 CEMETERY TRUST FUND 5.82% 425,215.72 MAJOR EQUIPMENT REPLACEMENT FUND 7.70% 562,912.27 Sub-total 1000/0 7,312,317.60 AIRPORT 1000/0 181,344.25 GOLF COURSE (RESTRICTED FUNDS) 100% 1,070,144.56 PAVING LOAN (RESTRICTED FUNDS) 1000/0 1,218,741.66 TOTAL 9,782,548.07