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HomeMy WebLinkAboutR-05-01RESOLUTION NO. R-05-01 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA ADOPTING AN AMENDED BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2004 AND ENDING SEPTEMBER 30, 2005 AS PROVIDED FOR IN EXHIBIT "A'; PROVIDING FOR CONFLICTS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, on September 21, 2004, the City of Sebastian adopted Resolution No. R-04-35 providing for the adoption of the City's 2004-05 budget; and WHEREAS, an analysis of the revenues and expenditures for the three (3) months ended Decc~mber 31, 2004 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, 2004 and ending September 30, 2005 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 All resolutions or parts of resolutions in conflict herewith are hereby repealed.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 December 31, 2004. It was moved for adoption by Councilmember ~q ¢ c o 11 u m The motion was seconded by Councilmember B a r c z y k being put to a vote, the vote was as follows: and, upon Mayor Nathan B. McCollum a y e Vice-mayor Joe Barczyk a y e Councilmember Ray Coniglio a y e Councilmember Lisanne Monier a y e The Mayor thereupon declared this Resolution duly passed and adopted this 26th day of January, 2005. CITY OF SEB .A,$~AI~,.FL. ORDA g,r,~or Nathan B. McCollum ATT~q-T: Sally A. IVl~o, CMC City Clerk Approved as to form and content for reliance by the City of Sebastian only: · ' ger, Cii~ Attuiu~ EXHIBIT "A" ADOPTED BUDGET BEFORE FUND ADJUSTMENTS GENERAL Revenues $ 11,121,267 Expenditures $ 11,121,267 CDBG-LOUISIANA AVENUE Revenues $ 685,000 Expenditures $ 685,000 LOCAL OPTION GAS TAX Revenues $ 762,000 Expendimres $ 762,000 DISCRETIONARY SALES TAX Revenues $ 2,265,000 Expenditures $ 2,265,000 RECREATION IMPACT FEE Revenues $ 364,500 Expenditures $ 364,500 STORMWATER UTILITY FEE Revenues $ 831,980 Expenditures $ 831,980 LAW ENFORCEMENT FORFEITURE Revenues $ 10,000 Expenditures $ 10,000 G.R.E.A.T. PROGRAM Revenues $ Expenditures $ DST DEBT SERVICE FUND Revenues $ 1,033,844 Expenditures $ 1,033,844 STORMWATER DEBT SERVICE FUND Revenues $ 441,973 Expenditures $ 441,973 CAPITAL PROJECTS FUND Revenues $ 2,383,523 Expenditures $ 2,383,523 GOLF COURSE Revenues $ 1,554,614 Expenses $ 1,554,614 AIRPORT Revenues $ 275,255 Expenses $ 275,255 FY 2005 1 ST QUARTER ADJUSTMENTS AMENDED BUDGET AFTER ADJUSTMENTS 329,695 $ 11,450,962 329,695 $ 11,450,962 $ 685,000 $ 685,000 19,971 $ 781,971 19,971 $ 781,971 $ 2,265,000 $ 2,265,000 $ 364,500 $ 364,500 $ 831,980 $ 831,980 2,348 $ 12,348 2,348 $ 12,348 $ $ $ 1,033,844 $ 1,033,844 $ 441,973 $ 441,973 442,654 $ 2,826,177 442,654 $ 2,826,177 197,513 $ 1,752,127 197,513 $ 1,752,127 58,509 $ 333,764 58,509 $ 333,764 TOTAL $ 21,728,956 $ 1,050,690 $ 22,779,646