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2021-R-30 - Budget Adjustments 2021-2022RESOLUTION 2021-R-30 A RESOLUTION OF THE CITY COUNCIL Olm EDGEWATER, FLORIDA, ADOPTING BUDGE ADJUSTMENTS TO THE 2021-2022 FISCAL YEA BUDGETS AND PROVIDING AN EFFECTIVE DATE. I WHEREAS, the City of Edgewater, by ResolUtion 2021-R-29, adopted an operating budget for Fiscal Year 2021-2022, and WHEREAS, the budget adjustments increase revenues and expenditures in total pursuant to itemizations 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 2021-2022 budget. NOW, THEREFORE, be it resolved by the City Council of Edgewater, Florida. Section 1. October Budget Adjustment: The City Council of the City of Edgewater amends the Fiscal Year 2021-2022 budget by revising the budget in total pursuant to iternizations 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 made by LM LILII . �t Wk,—A— with Second by The vote on this resolution is as follows: AYE NAY Mayor Michael Thomas X Councilwoman Christine Power Councilwoman Gigi Bennington Councilwoman Megan O'Keefe X Councilman Jonah Powers 2021-R- ata PASSED AND DULY ADOPTED this 4"' day of October, 2021. ATTEST;CITY COUNCIL OF THE CITY OF EDGEWATER,FLORIDA x Bonnie Brown, CMC City Clerk r L r ,4, F For the use and reliance only by the City of Edgewater, Florida. Approved as to forth and legality by: Aaron R. Wolfe, Esquire City Attorney Doran. Sines. Wolfe & Yoon 42021 -R -3a Approved by the City Council of the City o Edgewater at a meeting held on this 41h day of October, 2021 under Agenda Item No. _, EXHIBIT , OCTOBER AMENDED 2022 BUDGEI REVENUES AND EXPENSES CURRENT OCTOBER AMENDED Recommended APPROVED REVENUE EXPENSES Amendment 001 - GENERAL FUND $ 21,741,782 $ 21,830,282 $ 21,830,282 $ 88,500 115 - SPECIAL LAW ENFORCEMENT TRUST FUND $ 53,500 $ 53,500 $ 53,500 $ - 116 - TRANSPORTATION IMPACT FEE $ 800,000 $ 800,000 $ 800,000 $ - 117 - POLICE IMPACT FEE FUND $ 140,000 $ 140,000 $ 140,000 $ - 118 - FIRE IMPACT FEE FUND $ 90,000 $ 90,000 $ 90,000 $ - 119 - RECREATION IMPACT FEE $ 320,000 $ 320,000 $ 320,000 $ - 120 - SCHOLARSHIP FUND $ 7,000 $ 7,000 $ 7,000 $ - 122 - TREE MITIGATION FUND $ 70,000 $ 70,000 $ 70,000 $ - 125 - EDGEWATER CRA $ 411,726 $ 411,726 $ 411,726 $ - 205 -18 S DEBT SERVICE FUND $ 436,047 $ 436,047 $ 436,047 $ - 331 - CAPITAL PROJECTS FUND $ 1,977,000 $ 1,977,000 $ 1,977,000 $ - 440 - WATER & SEWER $ 21,766,239 $ 34,040,657 $ 34,040,657 $ 12,274,418 442 - WATER DEVELOPMENT $ 900,000 $ 900,000 $ 900,000 $ - 443 - SEWER DEVELOPMENT $ 1,100,000 $ 1,100,000 $ 1,100,000 $ - 444 - RENEWAL & REPLACEMENT $ 10,542,067 $ 22,521,485 $ 22,521,485 $ 11,979,418 447 - SOLID WASTE $ 3,962,165 $ 4,080,165 $ 4,080,165 $ 118,000 448 - STORMWATER OPERATING $ 5,064,074 $ 5,152,574 $ 5,152,574 $ 88,500 449 - STORMWATER CAPITAL PROJECTS $ 3,150,234 $ 3,150,234 $ 3,150,234 $ - 450 - PUBLIC WORKS COMPLEX $ 11000,000 $ 1,590,000 $ 1,590,000 $ 590,000 501 - MIS $ 1,009,258 $ 1,009,258 $ 1,009,258 $ - 502 - FLEET $ 1,293,075 $ 1,293,075 $ 1,293,075 $ - 503 - LOSS FUND $ 421,867 $ 421,867 $ 421,867 $ - 504 - FULLY INSURED INSURANCE $ 3,322,168 $ 3,322,168 $ 3,322,168 $ - 505 - WORKERS COMPENSATION $ 282,052 $ 282,052 $ 282,052 $ - TOTAL ALL FUNDS $ 79,860,254 $104,999,090 $104,999,090 $ 25,138,836