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2021-R-18 - Budget Adjustments 2020-2021RESOLUTION 2021-R-18 A RESOLUTION OF THE CITY COUNCIL OF EDGEWATER, FLORIDA, ADOPTING BUDGET ADJUSTMENTS TO THE 2020-2021 FISCAL YEAR BUDGETS,4,ND PIOVIDING AN EFFECTIVE' DATE. WHEREAS, the City of Edgewater, by Resolution 2020-R-34, adopted all operating budget for Fiscal Year 2020-2021; and I WHEREAS, the City of Edgewater, by Resolution 2020-R-35, amended the operating budget for Fiscal Year 2020-2021. and WHEREAS, the City of Edgewater, by Resolution 2020-R-37, further amended the operating budget for Fiscal Year 2020-202.1: and WHEREAS, the City of Edgewater, by Resolution 2021-R-07, further amended the operating budget for Fiscal Year 2020-2021: and WHEREAS, the budget adjustments increase revenues and expenditures in total pursuant to iternizations contained in Exhibit "A" which is attached hereto and incorporated herein; and WHEREAS, the budget adjustments will allow the City of Edgewater to adjust the Fiscal Year 2020-2021 budget. NOW, THERE FORE, be it resolved by the City Council of Edgewater, Florida. Section 1. August Budget Adjustment: The City Council of the City of Edgewater amends the Fiscal Year 2020-2021 budget by revising the budget in total pursuant to itemizations contained in Exhibit "A" which is attached hereto and incorporated herein. Section 2. Effective Date. This Resolution shall become effective immediately upon passage and adoption. After motion to approve was rnade by with Second by L The vote on this resolution is as follows: Mayor Michael Thomas Councilwoman Christine Power Councilwoman Gigi Bennington Councilwoman Megan O'Keefe Councilman Jonah Powers 42112 1-R-1 RM PASSED AND DULY ADOPTED this 2 d day of ALIgust, 2021. ATTEST: CITY COUNCIL OF THE CITY OF EDWATER, FLORIDA bounie Brown Miel ael Ito City Clerk yo C', nx For the use and reliance only by the City of Approved by the City Counci I of the City of Edgewater, Florida. Approved as to form Edgewater at a meeting held on this 2nd day and legality by: of August, 2021 under Agenda Itern No. Aaron R. Wolfe, Esquire 81 T-1 City Attorney Doran, Sims, Wolfe & Ciocchetti 2 #2021-R-18 EXHIBIT A AUGUST AMENDED FY 2020 - 2021 BUDGET REVENUES AND EXPENSES CURRENT August Recommended APPROVED REVENUE EXPENSES Amendment 001 - GENERAL FUND $19,161,232 $19,161,232 $19,161,232 $ - 114 -GRANTS FUND NON -DEPARTMENTAL $ 13,914 $ 13,914 $ 13,914 $ - 115 - SPECIAL LAW ENFORCEMENT TRUST FUND $ 51,579 $ 51,579 $ 51,579 $ - 116 - TRANSPORTATION IMPACT FEE $ 432,500 $ 432,500 $ 432,500 $ - 117 - POLICE IMPACT FEE FUND $ 20,000 $ 20,000 $ 20,000 $ - 118 - FIRE IMPACT FEE FUND $ 62,009 $ 62,009 $ 62,009 $ - 119 - RECREATION IMPACT FEE $ 150,000 $ 150,000 $ 150,000 $ - 120 - SCHOLARSHIP FUND $ 11,000 $ 11,000 $ 11,000 $ - 122 -TREE MITIGATION FUND $ 70,482 $ 70,482 $ 70,482 $ - 125 - EDGEWATER CRA $ 771,249 $ 771,249 $ 771,249 $ - 205 -1 & S DEBT SERVICE FUND $ 437,688 $ 437,688 $ 437,688 $ - 331 - CAPITAL PROJECTS FUND $ 3,166,519 $ 3,176,519 $ 3,176,519 $ 10,000 440 - WATER & SEWER $12,819,755 $12,884,755 $ 12,884,755 $ 65,000 442 -WATER DEVELOPMENT $ 140,175 $ 140,175 $ 140,175 $ - 443 - SEWER DEVELOPMENT $ 604,016 $ 604,016 $ 604,016 $ - 444 - RENEWAL & REPLACEMENT $ 8,444,912 $ 8,444,912 $ 8,444,912 $ - 445 - WATER & SEWER RATE STABILIZATION $ 1,307,394 $ 1,307,394 $ 1,307,394 $ - 447 - SOLID WASTE $ 4,853,880 $ 4,853,880 $ 4,853,880 $ - 448 - STORMWATER OPERATING $ 2,626,346 $ 2,626,346 $ 2,626,346 $ - 449 - STORMWATER CAPITAL PROJECTS $ 3,147,944 $ 3,147,944 $ 3,147,944 $ - 450 - PUBLIC WORKS COMPLEX $ 1,400,000 $ 1,400,000 $ 1,400,000 $ - 601 - MIS $ 722,829 $ 722,829 $ 722,829 $ - 502 - FLEET $ 1,123,710 $ 1,123,710 $ 1,123,710 $ - 603 - LOSS FUND $ 389,231 $ 389,231 $ 389,231 $ - 504 - FULLY INSURED INSURANCE $ 2,910,114 $ 2,910,114 $ 2,910,114 $ - 605 -WORKERS COMPENSATION $ 281,365 $ 281,365 $ 281,365 $ - TOTAL ALL FUNDS $ 65,119,843 $ 65,194,843 $ 65,194,843 $ 75,000