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Home My WebLink AboutR-14-21 Tentative BudgetRESOLUTION NO. R -14 -21 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA ADOPTING THE TENTATIVE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2014 AND ENDING SEPTEMBER 30, 2015; MAKING APPROPRIATIONS FOR THE PAYMENT OF OPERATING EXPENSES, CAPITAL EXPENSES, AND FOR THE PRINCIPAL AND INTEREST PAYMENTS ON THE BONDS AND OTHER INDEBTEDNESS OF THE CITY IN THE CITY'S GENERAL FUND, SPECIAL REVENUE FUNDS, DEBT SERVICE FUND, CAPITAL IMPROVEMENT FUNDS, GOLF COURSE FUND, AIRPORT FUND, AND BUILDING DEPARTMENT FUND AS PROVIDED FOR IN SCHEDULE "A ", ATTACHED HERETO, ESTABLISHING AUTHORITY OF THE CITY MANAGER TO IMPLEMENT THE BUDGET; PROVIDING FOR SEVERABILITY; PROVIDING FOR CONFLICTS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Manager has submitted a Proposed Budget for the City of Sebastian for the fiscal year beginning October 1, 2014, and ending September 30, 2015; and WHEREAS, on September 15, 2014, the City Council conducted Public Hearings on the Tentative Budget. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, that: Section 1. The City Manager's Tentative Budget is hereby adopted for the Fiscal Year beginning October 1, 2014 and ending September 30, 2015, subject to final hearing on September 24, 2014. Section 2. The amounts shown on the attached Schedule "A" is appropriated out of the Treasury of the City, including any revenues accruing to the City available for purposes of the City's budgetary accounts. Section 3. The City Manager shall be authorized and directed to proceed with the implementation of the service programs and projects provided for in the budget. Such implementation is to be consistent with the provisions of the City Code of Ordinances and policies established by the City Council. Section 4. The City Manager shall be authorized to make budget adjustments within budgetary accounts, as he deems appropriate. He shall be further authorized to make budget adjustments between budgetary accounts when necessary to implement programs, projects, and expenditures authorized by the City Council. All other budgetary adjustments will require prior approval by the City Council. Section 5. If any clause, section, or other parts of this Resolution shall be held by any Court of competent jurisdiction to be unconstitutional or invalid, such unconstitutional or invalid part shall be considered as eliminated and shall in no way affect the validity of the other provisions of this Resolution. Section 6. All Resolutions or parts of Resolutions in conflict herewith are hereby repealed to the extent of such conflict. Section 7. This Resolution shall become effective upon passage. The foregoing Resolution was moved for ado ' n b Councilmember The motion was seconded by Councilmember �' and, upon b 'ng put into a vote, the vote was as follows: Mayor Bob McPartlan Vice -Mayor Jim Hill Councilmember Andrea B. Coy Councilmember Richard Gillmor Councilmember Jerome Adams dwrl r The Mayor thereupon declared this Resolution duly passed and adopted this 15th day of September, 2014. AM: Sally A. moo, MMC City Clerk CITY OF SEBAST , FLORIDA By: c� Bob McPartlan, Mayor Approved as to form and legality for the reli by the City of Sebastian only: Robert Ginsburg, City Attorney ATTACHMENT TO RESOLUTION R -14 -21 SCHEDULE "A" BUDGET SUMMARY FISCAL YEAR 2014/2015 GENERAL FUND REVENUES: 010001 001501 Taxes and franchise fees 001501 Licenses and permits 001501 Intergovernmental 001501 Charges for services 001501 Fines and forfeits 001501 Miscellaneous 001501 Transfers in Police Operations Total Revenues EXPENDITURES: 010001 City Council 010005 City Manager 010009 City Clerk 010010 City Attorney 010020 Administrative Services 010021 Management Information System 010041 Police Administration 010043 Police Operations 010047 Police Detective Division 010049 Police Dispatch Unit 010045 Code Enforcement Division 010052 Roads and Maintenance 010053 Stormwater Utility 010054 Fleet Management 010056 Facilities Maintenance 010057 Parks and Recreation 010059 Cemetery 010080 Community Development 010099 Non - departmental Total Expenditures 1 $ 7,169,750 143,800 2,240,709 325,929 67,100 199,675 718,306 $ 10,865,269 $ 53,342 245,460 349,323 102,282 541,211 208,239 734,922 2,377,158 721,329 548,591 177,991 747,791 1,069,616 214,021 308,371 951,755 192,375 322,286 999,206 $ 10,865,269 ATTACHMENT TO RESOLUTION R -14 -21 SCHEDULE "A" BUDGET SUMMARY FISCAL YEAR 2014/2015 SPECIAL REVENUE FUNDS 2 LOCAL OPTION GAS TAX FUND 120010 REVENUES Taxes $ 553,152 Miscellaneous 10,156 Transfers in 207,000 Total Revenues $ 770,308 120051 EXPENDITURES Operating $ 320,103 Debt service 242,783 Transfers out 157,000 Unappropriated 50,422 Total Expenditures $ 770,308 DISCRETIONARY SALES TAX FUND 130010 REVENUES Taxes $ 2,766,832 Miscellaneous 26,095 Appropriation from prior year 410,997 Total Revenues $ 3,203,924 130051 EXPENDITURES Transfers out $ 3,203,924 Total Expenditures $ 3,203,924 RECREATION IMPACT FEE FUND 160010 REVENUES Impact fee $ 246,250 Miscellaneous 4,023 Total Revenues $ 250,273 160051 EXPENDITURES Transfers out $ 175,000 Unappropriated $ 75,273 Total Expenditures $ 250,273 STORMWATER UTILITY FUND 163010 REVENUES Stormwater utility fee $ 1,000,000 Miscellaneous 2,705 Transfers in 100,000 Restricted cash balance carryforward 41,531 Total Revenues $ 1,144,236 163051 EXPENDITURES Operating $ 40,100 Transfers out 1,104,136 Total Expenditures $ 1,144,236 2 ATTACHMENT TO RESOLUTION R -14 -21 SCHEDULE "A" BUDGET SUMMARY FISCAL YEAR 2014/2015 SPECIAL REVENUE FUNDS - CONTINUED 3 PARKING IN- LIEU -OF FEE FUND 190010 REVENUES Miscellaneous $ 13,905 Total Revenues $ 13,905 190051 EXPENDITURES Unappropriated $ 13,905 Total Expenditures $ 13,905 LAW ENFORCEMENT FORFEITURE FUND 190010 REVENUES Fines and forfeits $ 1,000 Miscellaneous 150 Total Revenues $ 1,150 190051 EXPENDITURES Unappropriated 1,150 Total Expenditures $ 1,150 COMMUNITY REDEVELOPMENT AGENCY FUND 163010 REVENUES Tax Increment - Sebastian $ 153,299 Tax Increment - Indian River County 134,545 Miscellaneous 36,718 Restricted cash balance carryforward 106,073 Total Revenues $ 430,635 163051 EXPENDITURES Operating $ 124,495 Grants and Aids 146,140 Transfers out 160,000 Total Expenditures $ 430,635 DEBT SERVICE FUNDS DISCRETIONARY SALES SURTAX REVENUE BONDS 230010 REVENUES Miscellaneous $ 2,086 Transfers in 1,025,887 Restricted cash balance carryforward 1,334 Total Revenues $ 1,029,307 230051 EXPENDITURES Debt service $ 1,029,307 Total Expenditures $ 1,029,307 STORMWATER UTILITY REVENUE BONDS 263010 REVENUES Miscellaneous $ 165 Transfers in 402,136 Restricted cash balance carryforward 1,287 Total Revenues $ 403,588 263051 EXPENDITURES Debt service $ 403,588 Total Expenditures $ 403,588 3 ATTACHMENT TO RESOLUTION R -14 -21 SCHEDULE "A" BUDGET SUMMARY FISCAL YEAR 2014/2015 CAPITAL PROJECTS FUNDS REVENUES Transfer from General Fund Transfer from Discretionary Sales Tax fund Transfer from Local Option Gas Tax fund Transfer from Recreation Impact Fee Fund Transfer from Riverfront CRA Fund Transfer from Stormwater Fund Transfer from Golf Course Fund Grants/Bank Note Total Revenues EXPENDITURES Transportation Recreation facilities projects Stormwater Improvements /Physical Environment Public Safety General Government Total Expenditures ENTERPRISE FUNDS GOLF COURSE FUND 410010 REVENUES: Charges for services Miscellaneous revenues Transfer from DST Fund 130 Total Revenues EXPENSES: GOLF COURSE ADMINISTRATION 410110 Personal services Operating expenses Transfer to Golf Course Capital Fund Total Administration GOLF COURSE GREEN DIVISION 410120 Operating expenses Capital Debt Service on Bank Note Total Golf Course Green Division GOLF COURSE CARTS DIVISION 410130 Personal services Operating expenses Debt Service on Bank Note Total Golf Course Carts Division Total Golf Course Expenses 4 $ 307,000 2,163,037 200,000 175,000 100,000 102,000 520,000 $ 3,567,037 $ 2,040,037 275,000 702,000 418,000 132,000 $ 3,567,037 $ 1,317,820 100 15,000 $ 1,332,920 $ 240,266 303,125 43,989 $ 587,380 $ 573,390 15,000 20,011 $ 608,401 $ 75,363 4,700 57,076 $ 137,139 $ 1,332,920 ATTACHMENT TO RESOLUTION R -14 -21 SCHEDULE "A" BUDGET SUMMARY FISCAL YEAR 2014/2015 AIRPORT FUND 450010 REVENUES Charges for services $ 429,990 Miscellaneous revenues 8,650 Total Revenues $ 438,640 450110 EXPENSES: Personal services $ 125,709 Operating expenses 185,876 Debt service 20,025 Transfer out 50,000 Unappropriated 57,030 Total Expenses $ 438,640 BUILDING DEPARTMENT 480010 REVENUES Charges for services $ 628,150 Miscellaneous revenues 2,500 Total Revenues $ 630,650 480110 EXPENSES: Personal services $ 412,966 Operating expenses 93,890 Capital 18,500 Transfer to General Fund 105,294 Unappropriated - Total Expenses $ 630,650 TOTAL BUDGET SUMMARY GENERAL FUND $ 10,865,269 SPECIAL REVENUE FUNDS 5,814,431 DEBT SERVICE FUNDS 1,432,895 CAPITAL PROJECT FUNDS 3,567,037 ENTERPRISE FUNDS 2,402,210 TOTAL BUDGET FOR ALL FUNDS $ 24,081,842 5