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R-19-18 3rd Qtr Budget AmendmentRESOLUTION NO. R-19-18 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA RECOGNIZING AMENDMENTS AND ADJUSTMENTS TO THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2018 AND ENDING SEPTEMBER 30, 2019 AS PROVIDED FOR IN EXHIBIT "A"; PROVIDING FOR CONFLICTS; PROVIDING FOR SCRIVENER'S ERRORS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, an analysis of the revenues and expenditures for the three (3) months that ended on June 30, 2019 indicated that certain budget adjustments required formal approval by the City Council and that previously approved amendments and adjustments by the City Manager should be recognized; and WHEREAS, the City Council and City Manager have previously approved any other necessary amendments and 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, 2018 and ending September 30, 2019 has been amended and adjusted as necessary within the quarter ending June 30, 2019; a summary of such amendments and adjustments being attached hereto and more particularly identified as Exhibit 'W'; the revised appropriations, if any, are set out therein and are recognized as having been made to maintain and carry on the govemment 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 All resolutions or parts of resolutions in conflict herewith are hereby repealed.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. Sections of this resolution may be renumbered or re -lettered and corrections of typographical errors which do not affect the intent may be authorized by the City Manager, or the City Manager's designee, without need of further action of the City Council by filing a corrected copy of same with the City Clerk. Section 4. This Resolution shall become effective immediately upon its adoption. It was moved for adoption by Councilmember Iovino The motion was seconded by Councilmember McPartlan and, upon being put to a vote, the vote was as follows: Mayor Jim Hill Vice Mayor Linda Kinchen Councilmember Bob McPartlan Councilmember Ed Dodd Councilmember Albert Iovino ave ave ave ave ave The Mayor thereupon declared this Resolution duly passed and adopted this 28' day of August 2019. ATTEST: W ette Williams, MMC City Clerk CITY OF SEB S , FLORIDA By: Mayor J Hill Approved as to form and content for relianceth´┐Ż f Sebastian only: Jataes D. Stokes City Attorney EXHIBIT "A" OF RESOLUTION R-19-16 SUMMARY OF BUDGET CHANGES FOR THE QUARTER ENDED JUNE 30, 2019 ADJUSTMENTS PREVIOUSLY APPROVED BY CITY COUNCIL: Budget Before Budget Budget After Budget Project/Account Change Adjustment Change Reason for Adjustment 'Unappropriated Fund Balance $5,093,799 ($55,500) $5,038,299 06/12119 Using General Fund Reserves for .Professional Services 0 $55,500 $55,500 development of a Strategic Plan. ADJUSTMENTS BEING SUBMITTED FOR CITY COUNCIL APPROVAL: Budget Before Budget Before Budget Budget After ProlecVAccount ProjectlAccount Change Adjustment Change Reason for Adjustment Appropriation from R&R Account ($82,047) ($3,384) ($85,431) R&M of Grounds R&M Park Facilities $$2,000 $1,386 $$4.518 Used R&R for emergency repair of light ----------------------------------------- ($35,000) ($78) ($35,078) Offsetting City Clerk Court filing expenses lenses at Friendship Park. Equipment Leases $2,500 $2,018 $4,518 Airport FDOT Revenue rp ADJUSTMENTS PREVIOUSLY AUTHORIZED BY THE CITY MANAGER: Budget Before Budget Budget After ProlecVAccount Change Adjustment Change Reason for Adjustment Sale of Fixed Assets ($20,000) ($9,000) ($29,000) Adjustment to use additional Airport Asset R&M of Grounds $2,000 $9,000 $11,000 Sale revenue on Ground Maintenance. ............................... ..............................................._____.___ Code Enforcement Fines ----------------------------------------- ($35,000) ($78) ($35,078) Offsetting City Clerk Court filing expenses Clerk of Court Filing Fees ----------------------------------------- $300 --------------------- $78 --- ................................................................... $378 with Code Enforcement Fines revenue. Airport FDOT Revenue rp 0 (7,200) ($7,200) Using Grant revenue and the Airport's R&M Grounds $2,000 ($1,800) $200 Ground Maintenance budget to fund a Tree Removal Project 0 $9,000 $9,000 Project to remove trees. Additional Compensadon $6,800 ($2,750) $3,850 Adjust Regular Salaries accounts for the Regular Salaries ---------------------------------------------------------------------------------------------------------------------------------------- $7,153,450 $2,750 $7.156,200 quartedylncentiveamrds. Appropriations from Prior Year ($490,665) $21,565 ($469,100) Adjustment to close the 2018 Local Option Street Repaving 2018 Project $384,207 ($21,565) $362,642 Gas Tax Fund Repaving Project. Regular Salaries $562,900 ($2,787) $58 0,113 Adjustment to use Leisure Services Barber Street Restrooms Project $134,123 $2,787 $136,910 Salaries account to close Project