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R-18-02 4th Qtr Budget AmendmentRESOLUTION NO. R-18-02 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA AMENDING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2016 AND ENDING SEPTEMBER 309 2017 AS PROVIDED FOR IN EXHIBIT "A"; PROVIDING FOR CONFLICTS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, an analysis of the revenues and expenditures for the three (3) months that ended on September 30, 2017 indicated that certain budget adjustments needed formal 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, 2016 and ending September 30, 2017 be formally 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 All resolutions or parts of resolutions in conflict herewith are hereby repealed.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 K i n c h e n . The motion was seconded by Councilmember Hill Mayor Jim Hill Vice Mayor Linda Kinchen Councilmember Bob McPartlan Councilmember Ed Dodd Councilmember Albert Iovino and, upon being put to a vote, the vote was as follows: ave ave aye aye aye The Mayor thereupon declared this Resolution duly pasd and -adopted this 10 h day of January 2018. 7 - CITY �F >✓' ST' FLORIDA ayo-' i ill ATTEST: Appr ed as to form and content for reliance by the City of Sebastian only: JUnette Williams: MW. City Clee _ �- Cynthia V. Hall Interim City Attorney EXHIBIT "A" of RESOLUTION R-18-02 SUMMARY OF BUDGET CHANGES FOR THE QUARTER ENDED SEPTEMBER 30, 2017 Additional Chanqes Submitted for City Council Aaaroval: Amounts Adjustment from Equipment & Facilities Reserve to replace Riverview Park Playground. $ 33,000 Adjustment from Equipment & Facilities Reserve to replace Pro Shop Air Conditioner. $ 5,950 Adjustment from Equipment & Facilities Reserve to replace truck for the Airport. $ 22,514 Adjustment from Equipment & Facilities Reserve to replace air conditioner unit in the Airport Vault. $ 9,427 Adjustment from Equipment & Facilities Reserve to repair restrooms, hallway and doors. $ 71,583 Amounts Chances Authorized by City Manaqer: Adjustment to record acquisition of vehicle for Police Department via a final judgement of forfeiture. $ 1,230 Adjustment between Parks Division accounts to record Dog Park water fountain. $ 2,723 Adjustment to create Oyster Pointe Baffle Box Project from Working Waterfront Phase 3 Project. $ 164,500 Adjustment between Community Development accounts to cover new Chamber of Commerce sign. $ 10,899 Adjustment to record Grant revenue received to purchase bulletproof vest. $ 6,708 Adjustment to record State Shared Revenue contributed to the Police Pension Plan. $ 168,628 Adjustment between City Manager accounts to cover additional dues and memberships. $ 231 Adjustment between Community Development accounts to properly code expenditures. $ 9,700 Adjustment to Rebuilding Greens Project within spending funded by $700,000 Building Fund Loan. $ 96,454 Adjustment to close the Friendship Park Improvements Project. (Pickle Ball budgeted in FY2018.) $ 232,769 Adjustment to Administrative Services accounts to properly code expenditures. $ 25,410 Adjustment to Cemetery Division accounts to properly code expenditures. $ 2,669 Adjustment between Parks Division accounts to properly record expenditures. $ 32,900 Adjustment to fund Columbariums from Trust Fund and use DST Funds for Police Evidence Building. $ 49,134 Adjustment between Audio Visual accounts to allocate monies for Laserfiche training. $ 450 Adjustment to record a Safety Grant by the Insurance Carrier to purchase 3 AED units and supplies. $ 4,999 Adjustment between Police accounts to properly code expenditures. $ 3,750 Adjustment to record recovery of cost of demolishing a condemned structure. $ 5,200 Adjustment to fund Oyster Bags at Working Waterfront Project from a $24,000 IRLC Grant and the Indic $ 47,928 River Lagoon Project. Adjustment to close the Presidential Streets Project. $ 32,198 Adjustment to close Tulip Street Project. $ 2,660 Adjustment to record $35,576 DEP Grant and to close Working Waterfront Drainage Project. $ 48,426 Adjustment to record JAG Grants for the purchase of Police equipment. $ 8,141 Adjustments to reduce Payroll Automation $4,704 and close Paint City Hall $2,027, Computer Upgrades $42,500, Audio Visual Equipment $8,536, Road Crossing Pipes $50,000, Pipe Slip -lining $ 142,617 $31,461, Stonecrop Drainage Design $309 and Rebuild Greens $3,080 for funds not used by year-end. Adjustment to create a Project for the Chamber of Commerce Sign. $ 10,899 Adjustment to cancel the Working Waterfront Phase 3 Project. (Deferred in CIP to FY2019.) $ 235,500 Adjustment to close the Hangar C Project. $ 17,084 Adjustment to fund Cart Path Repair Project within spending funded by $700,000 Building Fund Loan. $ 68,592 Changes Aaproved by City Council: Amounts Adjustmentto Grantfor Tulip Street for Amendment 2 June 14, 2017. $ 38,197 Adjustment to use $50,000 DST Funds and $50,000 Grant for Restaurant Upgrades July 26, 2017. $ 100,000 Adjustment to use another $135,000 DST Funds toward Restaurant Renovations August 23, 2017. $ 135,000 Additional Chanqes Submitted for City Council Aaaroval: Amounts Adjustment from Equipment & Facilities Reserve to replace Riverview Park Playground. $ 33,000 Adjustment from Equipment & Facilities Reserve to replace Pro Shop Air Conditioner. $ 5,950 Adjustment from Equipment & Facilities Reserve to replace truck for the Airport. $ 22,514 Adjustment from Equipment & Facilities Reserve to replace air conditioner unit in the Airport Vault. $ 9,427 Adjustment from Equipment & Facilities Reserve to repair restrooms, hallway and doors. $ 71,583