HomeMy WebLinkAboutR-23-16 3rd Qtr Budget AmendmentRESOLUTION NO. R-23-16
A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER
COUNTY, FLORIDA RECOGNIZING CERTAIN ADJUSTMENTS TO
THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 19
2022 AND ENDING SEPTEMBER 30, 2023 AS PROVIDED FOR IN
EXHIBIT "A"; PROVIDING FOR CONFLICTS; PROVIDING FOR
SCRIVENEWS 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, 2023 was made and it was determined there was one budget adjustment to the
General Fund R&R Account that is required to be formally reported to the City Council; and
WHEREAS, it was determined that the City Council and City Manager previously
approved all the necessary amendments and adjustments and shall be reported in accordance with
the Annual Budget Resolution.
NOUN, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, THAT:
Section 1. The above recitals are hereby recognized as true correct and incorporated herein
by this Section.
Section 2. The budget of the City of Sebastian, Indian River County, Florida for the Fiscal
Year beginning October 1, 2022 and ending September 30, 2023 has been amended and adjusted as
necessary within the quarter ending June 30, 2023; 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 3. All Resolutions or parts of Resolutions in conflict herewith are hereby repealed.
Section 4. 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 fiuther action of the City Council by filing a corrected
copy of same with the City Clerk.
Section 5. This Resolution shall become effective immediately upon its adoption.
It was moved for adoption by Councilmember Dodd
The motion was seconded by Councilmember
Nunn and, upon being put to a vote,
the vote was as follows:
Mayor Fred Jones
aye
Vice -Mayor Christopher Nunn
aye
Councilmember Ed Dodd
aye
Councilmember Bob McPartlan
aye
Councilmember Kelly Dixon
absent
The Mayor thereupon declared this Resolution duly passed and adopted this 8 ° day of August 2023.
ATTEST:
jYJne4tte Williams, MMClerk
CITY OF SEBASTIAN, FLORIDA
Mayor Fred Jones
Approved as to form and
�legality for the
reliance b t � of S�'v " '7 n only:
Je ' er Cockcroft, Esq�
y Attorney
EXHIBIT "A" OF RESOLUTION R-23-16
SUMMARY OF BUDGET CHANGES
FOR THE QUARTER ENDED June 30, 2023
ADJUSTMENTS PREVIOUSLY APPROVED BY CITY COUNCIL:
Budget Before
Budget
Budget After
Project/Account
Change
Adjustment
Change
Reason for Adjustment
:crop Drainaqe Project
$2,941,591
$22,247
$2,965,838
03/08/23 Approved additional funding
)priated from DST Reserves __ _
_
_____{$22,247)___
($2,068,503)_
needed based on approved bid amount____
Anniversary Expenditures
$5,000
$50,000
$55,000
04/26/23 Approved use of General Fund
?priatedfromGeneral Reserves _............
($549,366)
____($34,5o0)
($5991366)
Reserves toward 100mAnniversary. _
— Operipment __— _
_ __$26,316
_ $45 000
_ _ _ $71 316
04/26/23 Approved repairs of old golf carts
)priated from Golf Course Reserves
($554,028)
($45,000)
($599,028)
to keep them going until new fleet arrives.
--------------------------------------------------------------------------------------------
wements — Golf Course
k — Federal
$0
$77,472
$186,874
--------------------------------------------
04/26/23 Adjustments needed on approved
$0
($66,405)
$66,405
k — State
$0
($11,067)
($11,067)
contracts for replacing netting at the Golf
— Airport
$93,965 $36,453
---------- ---
_s __ _ _ _($600,514) __ __($36,453) ------
Course and the l rport. (Note. The Golf
Course Improvements budget already had
funds needed to match the funding received
for the Federal and State grant.
06/14/23 Approved repairs to balconies on
the south side of City Hall.
ADJUSTMENTS BEING SUBMITTED FOR CITY COUNCIL APPROVAL:
Budget B``ppefore Budget Budget After
oject/Account Chan
stment Chan2e Reason for
justment
ount for
acement of
Approp atedfromR&RAccount __ __________ _ (2757000)____Aa'u ($1,000 ,148) {$27 860 CittyHall2&Rfloorbreakdroomlrefngerat
ADJUSTMENTS PREVIOUSLY AUTHORIZED BY THE CITY MANAGER:
Budget Before Budget Budget After
Project/Account Change Adjustment Change Reason for Adjustment
Equipment_ _ $12,099 _ P2,099 Adjustment to record JAG Grant for the
($12,099)_ purchase of Police Department equipment.
$5,250 $12,000 Adjustment to use an FAA Grant to paint
$7,750 $7,750 Administrative Office interior and repair the
--------{$13A00)-------(_$ 3,000)_ AWAO SYstem -------------------------------
$0_
JAG Grant Revenue
Grant
$0
- - - -
R&M Buildings
________
$0
R&M — Operating Equipment
$0
t Grant----------------------------------------------
$_