HomeMy WebLinkAboutR-07-15 Amending the BudgetRESOLUTION NO. R-07-15
A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER
COUNTY, FLORIDA ADOPTING AN AMENDED BUDGET FOR THE
FISCAL YEAR BEGINNING OCTOBER 1, 2006 AND ENDING
SEPTEMBER 30, 2007 AS PROVIDED FOR IN EXHIBIT "A";
PROVIDING FOR CONFLICTS; AND PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, on September 20, 2006, the City of Sebastian adopted Resolution
No. R-06-22 providing for the adoption of the City's 2006-07 budget; and
WHEREAS, an analysis of the revenues and expenditures for the six (6) months
ended March 31, 2007 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, 2006 and ending September 30, 2007 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repealed.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 Resolution shall be given effect as of March 31, 2007.
It was moved for adoption by Councilmember Neglia
The motion was seconded by Councilmember Paternoster
being put to a vote, the vote was as follows:
Mayor Andrea B. Coy aye
Vice-Mayor Sal Neglia aye
Councilmember Al Paternoster aye
Councilmember Dale I. Simchick aye
Councilmember Eugene Wolff aye
and, upon
The Mayor thereupon declared this Resolution duly passed and adopted this 9th day of
May, 2007.
CITY OF SF,~iASTIAN, FL9,RIDA
By:
ATTEST:
~ ~~
Sally A. M o, MMC
City Cle
Andrea B. Coy, Mayor
Approved as to form and content for
reliance by the City of Sebastian only:
Rich Stringer, Ci ttorney
EXHIBIT "A"
AMENDED FY 2007 AMENDED
BU DGET BEFORE 2ND QUARTER BUDGET AFTER
FUND TITLE ADJUSTMENTS ADJUSTMENTS ADJUSTMENTS
GENERAL
Revenues $ 12,380,198 $ 30,813 $ 12,411,011
Expenditures $ 12,380,198 $ 30,813 $ 12,411,011
LOCAL OPTION GAS TAX
Revenues $ 765,000 $ - $ 765,000
Expenditures $ 765,000 $ - $ 765,000
DISCRETIONARY SALES TAX
Revenues $ 3,240,300 $ - $ 3,240,300
Expenditures $ 3,240,300 $ - $ 3,240,300
RECREATION IMPACT FEE
Revenues $ 405,000 $ - $ 405,000
Expenditures $ 405,000 $ - $ 405,000
STORMWATER UTILITY FEE
Revenues $ 1,298,676 $ - $ 1,298,676
Expenditures $ 1,298,676 $ - $ 1,298,676
LAW ENFORCEMENT FORFEITURE
Revenues $ 11,500 $ - $ 11,500
Expenditures $ 11,500 $ - $ 11,500
G.R.E.A.T. PROGRAM
Revenues $ 10,000 $ 4,155 $ 14,155
Expenditures $ 10,000 $ 4,155 $ 14,155
DST DEBT SERVICE FUND
Revenues $ 1,035,182 $ - $ 1,035,182
Expenditures $ 1,035,182 $ - $ 1,035,182
STORMWATER DEBT SERVICE FUND
Revenues $ 438,148 $ - $ 438,148
Expenditures $ 438,148 $ - $ 438,148
CAPITAL PROJECTS FUND
Revenues $ 3,861,421 $ 53,183 $ 3,914,604
Expenditures $ 3,861,421 $ 53,183 $ 3,914,604
GOLF COURSE
Revenues $ 1,635,642 $ - $ 1,635,642
Expenses $ 1,635,642 $ - $ 1,635,642
AIRPORT
Revenues $ 396,235 $ 10,000 $ 406,235
Expenses $ 396,235 $ 10,000 $ 406,235
BUILDING
Revenues $ 1,103,072 $ - $ 1,103,072
Expenses $ 1,103,072 $ - $ 1,103,072
TOTAL BUDGET $ 26,580,374 $ 98,151 $ 26,678,525