HomeMy WebLinkAboutR-01-72RESOLUTION NO. R-01-72
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, in anticipation of implementing Governmental Accounting
Standards Board (GASB) Statement 34, Basic Financial Statements-and
Management's Discussion and Analysis-for State and Local Governments for the
fiscal year ended September 30, 2001; and
WHEREAS, certain trust funds which the City maintains will no longer be
classified as such under the new reporting model; and
WHEREAS, certain emergency expenditures were necessary in the fourth quarter
of the fiscal year,
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repealed.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 September 30, 2001.
It was moved for adoption by Couneilmember Bar ¢ z yk
The motion was seconded by Councilmember Coniglio
being put to a vote, the vote was as follows:
and, upon
Mayor Walter Barnes aye
Councilmember Joe Barczyk aye
Councilmember Ed Majcher, Jr. aye
Councilmember James A. Hill aye
Councilmember Ray Coniglio aye
The Mayor there'upon declared this Resolution duly passed and adopted this 24th day of
October, 2001.
CITY OF SEBASTIAN, FLORIDA
By:
Mayor Walter Barnes
ATTEST:
Sally A. M~6, CMC
City Clerk.
Approved as to form and content for
reliance by the City of Sebastian only:
Rich Stringer, City Attic½
JULY 1, 2001
AMENDED
BUDGET
GENERAL
Revenues $ 7,591,300
Expenditures $ 7,591,300
LOCAL OPTIONGAS TAX
Revenues $ 543,160
Expenses $ 543,160
DISCRETIONARY SALES TAX
Revenues $1,948,970
Expenditures $1,948,970
RIVERFRONT REDEVELOPMENT
Revenues $ 95,586
Expenditures $ 95,586
LAW ENFORCEMENT FORFEITURE
Revenues $ -
Expenditures $ -
DEBT SERVICE FUND
Revenues $ 64,874
Expenses $ 64,874
CAPITAL PROJECTS FUND
Revenues $
Expenses $
GOLF COURSE
Revenues
Expenses
$ 2,397,735
$ 2,397,735
AIRPORT
Revenues
Expenses
$ 333,340
$ 333,34O
MAJOR EQUIPMENT
REPLACEMENT FUND
Revenues
Expenses
$1,006,100
$1,006,100
ADJUSTMENTS
$ 4,351
$ 4,351
$
$
$
$
$
$
$ 20,885
$ 20,885
$1,006,100
$1,006,100
*(1,006,100)
$(1,006,100)
SEPTEMBER 30,
2001
AMENDED
BUDGET
$ 7,595,651
$ 7,595,651
$ 543,160
$ 543,160
$ 1,948,970
$ 1,948,970
$ 96,586
$ 96,586
$ 20,885
$ 20,885
$ 64,874
$ 64,874
$1,006,100
$1,006,100
$ 2,397,735
$ 2,397,735
$ 333,34O
$ 333,340
EXHIBIT A