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R-21-07 2nd Qtr Budget AmendmentRESOLUTION NO. R-21-07 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA APPROVING AN AMENDMENT AND RECOGNIZING CERTAIN ADJUSTMENTS TO THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2020 AND ENDING SEPTEMBER 30, 2021 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 March 31, 2021 indicated that there were budget adjustments requiring 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 I, 2020 and ending September 30, 2021 has been amended and adjusted as necessary within the quarter ending March 31, 2021; a summary of such amendments and adjustments being attached hereto and more particularly identified as Exhibit "A"; the revised appropriations, if any, are set out therein and are recognized as having been 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 All resolutions or parts of resolutions in conflict herewith are hereby repealed.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. 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 McPartlan The motion was seconded by Councilmember Nunn and, upon being put to a vote, the vote was as follows: Mayor Ed Dodd absent Vice -Mayor Jim Bill aye Councilmember Bob McPartlan aye Councilmember Fred Jones aye Coancilmembm Christopher Now aye The Mayor thereupon declared this Resolution duly passed and adopted this 26i° day of May 2021 ATTEST: 4=&-tt- Williams, MMC City Clerk CITY OF SEB 7'g t' RIBA By: _/n Mayor Ed Dodd Approved as to form and le lity for the reliance th City of as into City At mey _ . _ EXHIBIT "A" OF RESOLUTION R-21-07 SUMMARY OF BUDGET CHANGES FOR THE QUARTER ENDED MARCH 31, 2021 ADJUSTMENTS PREVIOUSLY APPROVED BY CITY COUNCIL: Budget Before Budget Budget After Cubed Appropriated from Stdrmwater Reserve. ($255,507) Infrastructure 0 FDOT Gw{ 0 Appropriated from DST Reserves (6,137,346) rstrR'�"., _• "�L'forA0j ,SJAip,�t �$ �_ <o U./13Y21 ! i ,e 3 c J 6iUd °und ($21,329) ($276,836) to Resfaerves to repair roadway damaged due nn ndvetls Appropriated from DST Fund Reserves ($6,236,849) ($4,550,417) ($10,787,266) 08/2620 Approved using DST Reserves for Grant matching needed for Square Hangar -Engineering and Development Project. ------------ .._.---- ...-_.--_......---- ...__. 10/1420 Authorized by approvals of PEA and PBA Labor Agreements provision for additional 1% raises if City Manager believed City could do it. 02/2421 Approved using DS- T Reserves to for construction of the Infrastmckure $,56$2 $161,762 $731,g40 FA°[AA�' 6rppt ($II '�9,T1 ( tl$P,604) ($657,942) 03/10/.21 Approved increase in project c F i T Grant 34, g $)\11 $) ($36,552) of Taxiway and using DST Reserves for ,!)ppropriate9 from DST Fund Reserve 52�, 63) (ffi71,��9�) ($36,552) additional matching requirements. ADJUSTMENTS BEING SUBMITTED FOR CITY COUNCIL APPROVAL: Budget Before Budget Budget After Project/Account Change Adjustment Change Reason for Adjustment V_e_hiGes and Equipment $71,464 $6,221 $77,685 Used General Fund R&R Reserve to Appropriated from General Reserves ($57,964) ($6,221) ($64,185) replace air conditioner in the Police from General Reserves Used General Fund R&R Reserve to replace the Community Center roof. Used General Fund R&R Reserve to cover unexpected irrigation repairs in Parks. ADJUSTMENTS PREVIOUSLY AUTF 69ffD BY THE CITY MANAGgh: Budget Before Budget Budget After _��Pp�yqyunl�Chan �p� PPd_mrd dJUlfi� 'ilrl Purchases_ $IIL,LLJ Ad j1 t� �J_ � Ch. Ie Reason for Adjustment ALji sln._,.1 for a:ed s012 pl9!t, "dibinal amount eligible _ Employee Sick or COVID-19 Work $80,000 $45,668 $125,668 TOT raimbursement from the CARES Act. _ .........._ __..__.._..__..._ _.__...—._—_......_..--_..-- Small Business Grants _ $357500 $180,000 _..._....Actual $537,500 to dale is: $282,262 in Purchases, _$125,668 for Work, $533,500 in Business Rental and Mortgage Assistance Grants $446,822 (390,050) $56,772 Grants and $56,772 for Rental and CARES CARES Act Proceeds ($924322) f$150,000) j$1074,322� Mor[�a�e Gents____ VehiWes &Equipment 0 $15,000 $15,000 Fund Law Enforcement Forfdinar for awe for award via court oroceedinas of a o a