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HomeMy WebLinkAboutR-87-64RESOLUTION 87-d,74 A RESOLUTION OF THE CITY OF SEBASTIAN, FLORIDA, ADOPTING THE ANNUAL BUDGET OF THE CITY OF SEBASTIAN, FLORIDA, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1987, AND ENDING SEPTEMBER 30, 1988; APPROPRIATING FUNDS FOR THE EFFICIENT AND EFFECTIVE OPERATION OF THE GOVERNMENT OF THE CITY OF SEBASTIAN AND ALL OF' ITS DEPARTMENTS FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 1988; SUCH APPROPRIATIONS BEING FROM ANTICIPATED REVENUE: PROVIDING A MEANS TO AMEND THE SAID ANNUAL BUDGET SO AS TO CARRY FORWARD THE FUNDING OF PURCHASE ORDERS, WORK ORDERS, AND GRANTS OUTSTANDING AS OF SEPTEMBER 30, 1987; PROVIDING A MEANS TO AMEND THE SAID BUDGET TO REFLECT GRANTS RECEIVED AFTER SEPTEMBER 30, 1987; AUTHORIZING THE TRANSFER OF FUNDS HEREIN APPROPRIATED SO LONG AS THE TOTAL COMBINED APPROPRIATIONS SHALL NOT BE INCREASED THEREBY: PROVIDING AN EFFECTIVE DATE. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEBASTIAN, FLORIDA, AS FOLLOWS: Attached hereto as Exhibit "A" and incorporated herein, is the annual budget for the City of Sebastian for the Fiscal Year beginning October 1, 1987, and ending September 30, 1988, which budget is hereby confirmed, adopted and approved in all respects. Said budget is adopted after full, complete and comprehensive hearings and expression of all parties concerned and is made necessary to provide required funds for capital outlays, operating expenses, expenditures for materials, labor, equipment, supplies, and contingent expenses of said City and represents and presents the judgment and intent of the City Council as to the needs of the Departments of the City Government and as to their fiscal requirements for the next ensuing fiscal year beginning October 1, 1987, and ending September 30, 1988. The funds and monies necessary to meet the appropriations stipulated by and in said budget are hereby expressly appropriated out of anticipated revenues not otherwise appropriated. SECTION III The Finance Director is hereby authorized and directed to increase the corresponding line item appropriations in the budget to the extent of those purchase orders which shall have been issued prior to September 30, 1987, but shall have not been filled prior to that date, and is authorized and directed to pay all such purchase orders upon receipt of the goods and services therein specified from the funds so appropriated. The Finance Director is further authorized and directed to increase the within budget appropriations to the extent of any unexpected balances from State, Federal or other grants as of the end of business on September 30, 1987, and to the extent of any unexpended balances, whether or not encumbered, outstanding in work orders as of the end of business on September 30, 1986; and all such balances shall be appropriated to the corresponding accounts in the same funds in which they were outstanding as of September 30, 1987; and the Finance Director shall be authorized to expend such appropriations for the purposes approved by the City Council in connection with such State, Federal or other grants, and work orders. The Finance Director shall, prior to December 31, 1987, report to the City Council all such purchase orders, grants, and work orders. Corresponding changes in the anticipated revenue accounts are hereby authorized. The Finance Director is hereby authorized and directed to maintain and amend the within budget so as to reflect the anticipated revenue and the appropriation and expenditure of all grant funds committed to, or received by the City subsequent to September 30, 1987, and prior to October 1, 1988, in accordance with the directions of the City Council as to the appropriation and expenditure of such grants as and when received. 2 To facilitate proper accounting for Council-approved funding projects financed from resources originating in more than one fund and for program/supervision allocation, the Finance Director is hereby authorized to amend the estimated revenues and appropriations of various funds affected to reflect the transactions pertaining to each fund involved. The Finance Director with the concurrance of the Mayor* shall have the authority to transfer appropriations from one line item to another line item within an individual budget department, so long as the total appropriations for each cost center, includ- ing the Capital Outlay accounts related thereto, shall not be in- creased thereby. Appropriation transactions affecting fund totals, other than those authorized herein in other sections shall require to prior approval of the City Council. Any such transactions are subject to any restrictive statutes or ordinances, including those authorizing the issuance of any outstanding bonds. SECTION VII This RESOLUTION shall become effective immediately upon its passage by the City Council. *This would change to City Manager as of March 1988, when City goes to City Manager Form of Government. 3 I HEREBY CERTIFY that the foregoing Resolution was finally passed by the City Council of the City of Sebastian, Florida, on the ~ day of ~~. , 1987. TY OF, ~ S A 'AN, FLORIDA By ~~~ L. Ge~/~arris, Mayor ATTEST: Kathr~M. O'Hailoran, City Clerk I HEREBY CERTIFY that Notice of Public Hearing of the foregoing Resolution was given in accordance with Section 200.065 of the Florida Statutes, on the 9th day of September, 1987, in the Press Journal, a newspaper of general circulation in the City of Sebastian, Florida, that said public hearing was held in City Council Chambers of the City of Sebastian at 7:00 p.m. on the llth day of September, 1987. Kathr~ M. O'Halloran, City Clerk APPROVED AS TO FORM AND CONTENT: C~ty Attorney res/bud