HomeMy WebLinkAboutR-08-03RESOLUTION NO. R-08-03
A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER
COUNTY, FLORIDA ADOPTING AN AMENDED BUDGET FOR THE
FISCAL YEAR BEGINNING OCTOBER 1, 2007 AND ENDING
SEPTEMBER 30, 2008 AS PROVIDED FOR IN EXHIBIT "A";
PROVIDING FOR CONFLICTS; AND PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, on September 19, 2007, the City of Sebastian adopted Resolution
No. R-07-38 providing for the adoption of the City's 2007-08 budget; and
WHEREAS, an analysis of the revenues and expenditures for the three (3)
months ended December 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, 2007 and ending September 30, 2008 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repealed.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 become effective on December 31, 2007.
It was moved for adoption by Councilmember
Paternoster
The motion was seconded by Councilmember
being put to a vote, the vote was as follows:
Mayor Andrea B. Coy
Vice-Mayor Sal Neglia
Councilmember Al Paternoster
Councilmember Dale I. Simchick
Councilmember Eugene Wolff
Wolff
~?
aye
aye
and, upon
ave
The Mayor thereupon declared this Resolution duly passed and adopted this 13th day of
February 2008.
CITY OF S AST /FLORIDA
By:
Mayor Andrea B o
ATTEST:
~~ ~-----
Sally A. Mai , MMC
City Clerl
Approved as to form and content for
reliance by the City of Sebastian only:
t
Rich Stringer, City tt ey
EXHIBIT "A"
FY 2008 AMENDED
BUDGET BEFORE 1ST QUARTER BU DGET AFTER
FUND TITLE ADJUSTMENTS ADJUSTMENTS ADJUSTMENTS
GENERAL
Revenues $ 11,980,334 $ 103,538 $ 12,083,872
Expenditures $ 11,980,334 $ 103,538 $ 12,083,872
LOCAL OPTION GAS TAX
Revenues $ 762,559 $ - $ 762,559
Expenditures $ 753,559 $ - $ 753,559
DISCRETIONARY SALES TAX
Revenues $ 3,195,183 $ - $ 3,195,183
Expenditures $ 3,195,183 $ - $ 3,195,183
RECREATION IMPACT FEE
Revenues $ 510,000 $ - $ 510,000
Expenditures $ 510,000 $ - $ 510,000
STORMWATER UTILITY FEE
Revenues $ 940,373 $ - $ 940,373
Expenditures $ 940,373 $ - $ 940,373
LAW ENFORCEMENT FORFEITURE
Revenues $ 11,500 $ - $ 11,500
Expenditures $ 11,500 $ - $ 11,500
G.R.E.A.T. PROGRAM
Revenues $ - $ - $ -
Expenditures $ - $ - $ -
DST DEBT SERVICE FUND
Revenues $ 1,035,594 $ - $ 1,035,594
Expenditures $ 1,035,594 $ - $ 1,035,594
STORMWATER DEBT SERVICE FUND
Revenues $ 437,748 $ - $ 437,748
Expenditures $ 437,748 $ - $ 437,748
CAPITAL PROJECTS FUND
Revenues $ - $ - $ -
Expenditures $ - $ - $ -
GOLF COURSE
Revenues $ 1,746,677 $ 700 $ 1,747,377
Expenses $ 1,746,677 $ 700 $ 1,747,377
AIRPORT
Revenues $ 542,865 $ - $ 542,865
Expenses $ 542,865 $ - $ 542,865
BUILDING
Revenues $ 580,923 $ - $ 580,923
Expenses $ 580,923 $ - $ 580,923
TOTAL BUDGET $ 21,739,256 $ 104,238 $ 21,843,494