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HomeMy WebLinkAboutR-14-05 Budget AmendmentRESOLUTION NO. R -14 -05 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA AMENDING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2013 AND ENDING SEPTEMBER 30, 2014 AS PROVIDED FOR IN EXHIBIT "A "; PROVIDING FOR CONFLICTS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Sebastian adopted Resolution No. R -13 -23 on September 25, 2013 approving the City's 2013 -14 budget, also referred to as the Annual Budget Resolution; and WHEREAS, an analysis of the revenues and expenditures for the three (3) months that ended December 31, 2013 indicated that an additional adjustment needs approval by the City Council; and WHEREAS, the City Council and City Manager have previously approved any other necessary adjustments in accordance with the Annual Budget Resolution; 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, 2013 and ending September 30, 2014 be amended as necessary, a summary of such amendments being attached hereto and more particularly identified as Exhibit "A ", the revised appropriations, if any, are set out therein and 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 All resolutions or parts of resolutions in conflict herewith are hereby repealed.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 immediately upon its adoption. It was moved for adoption by Councilmember Hill The motion was seconded by Councilmember Coy and, upon being put to a vote, the vote was as follows: Mayor Bob McPartlan Vice -Mayor Jim Hill Councilmember Andrea Coy Councilmember Jerome Adams Councilmember Richard Gillrnor aye aye aye aye aye The Mayor thereupon declared this Resolution duly passed and adopted this 12a' day of March 2014. ATTES z Sally A. Maio MC City Cleric CITY OF S BASTIAN F O IDA By: /l IYA711;5�1 Mayor Bob McPartlan Approved as to form and content for reli a by the City of Sebastian only: W4:�� "Z�� Robert A. Ginsburg, City Attorney EXHIBIT "A" of RESOLUTION R -14 -05 SUMMARY OF BUDGET CHANGES FOR THE QUARTER ENDED DECEMBER 31, 2013 Amounts Changes Authorized by City Manager: Transfer from other Golf Course accounts to cover necessary work on irrigation system and minor $ 2,272 repairs to old golf cars before return to Club Car. Transfer of DST Funds allocated for Schumann Park to cover costs of barricades necessary to perform $ 3,830 work on the Barber Street Bridge. Transfer from other Airport operating accounts to provide additional funds for advertising. $ 5,720 Establish budgets in the Capital Projects Funds for 2013 -2014 Projects. $ 1,952,000 Establish budgets for uncompleted projects being carried forward from prior years. $ 1,484,890 Transfers between Administrative Services Division operating accounts to replace the electronic check $ 1,600 signing system. Changes Approved by City Council: Adjust budget for Airport Drive East project to amounts authorized at the 12/11/13 City Council $ 166,163 meeting. Increase in the Presidential Streets project as authorized at the 12/11/13 City Council meeting by $ 658,500 reallocating the budget for CAVCORP, adding $90,000 Grant funding and allocating an additional $95,000 from the DST Fund. Additional Changes Submitted for City Council Approval: Adjust budget for renovation of the football field restrooms. $ 35,000