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HomeMy WebLinkAboutR-05-14 RESOLUTION NO. R-05-14 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 six (6) months ended March 31, 2005 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 I, 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 All resolutions or parts of resolutions in conflict herewith are hereby repealed.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 March 31, 2005. It was moved for adoption by Councilmember Me C 0 11 u m The motion was seconded by Councilmember M 0 n i e r being put to a vote, the vote was as follows: and, upon Mayor Nathan B. McCollum Vice-mayor Brian S. Burkeen Councilmember Andrea Coy Councilmember Lisanne Monier Councilmember Sal Neglia nay aye aye aye aye The Mayor thereupon declared this Resolution duly passed and adopted this 27th day of April 2005. A (/YH o,CMC By: Mayor Nathan B. cCollum Approved as to form and content for reliance by the City of Sebastian only: .i ~ Rich Stringer, City Att Y EXHIBIT "A" AMENDED FY 2005 AMENDED BUDGET BEFORE 2ND QUARTER BUDGET AFTER FUND ADJUSTMENTS ADJUSTMENTS ADJUSTMENTS GENERAL Revenues $ 11 ,450,962 $ 40,953 $ 11,491,915 Expenditures $ 11 ,450,962 $ 40,953 $ 11,491,915 CDBG-LOUlSIANA A VENUE Revenues $ 685,000 $ (48,301) $ 636,699 Expenditures $ 685,000 $ (48,301) $ 636,699 LOCAL OPTION GAS TAX Revenues $ 781,971 $ $ 781,971 Expenditures $ 781,971 $ $ 781,971 DISCRETIONARY SALES TAX Revenues $ 2,265,000 $ $ 2,265,000 Expenditures $ 2,265,000 $ $ 2,265,000 RECREATION IMPACT FEE Revenues $ 364,500 $ $ 364,500 Expenditures $ 364,500 $ $ 364,500 STORMW ATER UTILITY FEE Revenues $ 831,980 $ $ 831,980 Expenditures $ 831,980 $ $ 831,980 LAW ENFORCEMENT FORFEITURE Revenues $ 12,348 $ $ 12,348 Expenditures $ 12,348 $ $ 12,348 G.R.E.A.T. PROGRAM Revenues $ $ $ Expenditures $ $ $ DST DEBT SERVICE FUND Revenues $ 1,033,844 $ $ 1,033,844 Expenditures $ 1,033,844 $ $ 1,033,844 STORMWATER DEBT SERVICE FUND Revenues $ 441,973 $ $ 441,973 Expenditures $ 441,973 $ $ 441,973 CAPITAL PROJECTS FUND Revenues $ 2,826,177 $ (9,489) $ 2,816,688 Expenditures $ 2,826,177 $ (9,489) $ 2,816,688 GOLF COURSE Revenues $ 1,752,127 $ 12,446 $ 1,764,573 Expenses $ 1,752,127 $ 12,446 $ 1,764,573 AIRPORT Revenues $ 333,764 $ 98,329 $ 432,093 Expenses $ 333,764 $ 98,329 $ 432,093 TOTAL $ 22,779,646 $ 93,938 $ 22,873,584