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2023-R-19 - Tentative BudgetRESOLUTION 2023-R-19 A RESOLUTION OF THE CITY COUNCIL OF EDGEWATER, FLORIDA, ADOPTING THE TENTATIVE GENERAL FUND, ENTERPRISE FUNDS, AND ALL OTHER RELATED FUNDS BUDGETS AND THE CAPITAL IMPROVEMENTS PROGRAM FOR THE FISCAL YEAR 2023-2024; PROVIDING FOR APPROPRIATIONS; PROVIDING SEVERABILITY AND FOR AN EFFECTIVE DATE. WHEREAS, the City Manager of the City of Edgewater has recommended a tentative annual budget for the next ensuing fiscal year beginning October 1, 2023 and ending September 30, 2024; and WHEREAS, a notice of public hearing on said budget was duly published; and WHEREAS, a public hearing was held on September 11, 2023, after having first adopted a tentative millage rate for the City for the Fiscal year 2023-2024, to consider the -tentative, budget and all persons desiring to voice objection or make comments upon said -budget were gives an opportunity to do so; and - YJ WHEREAS, within five days after due public advertising, a Public Hearinill ,be held to finalize the budget on September 25, 2023; and WHEREAS, a public hearing will be held on September 25, 2023, after having first adopted a final voted debt service and operating millage rates for the City for the Fiscal year 2023- 2024, to consider the final budget and all persons desiring to voice objection or make comments upon said budget were given an opportunity to do so. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EDGEWATER, FLORIDA: Section 1: That the City Council of the City of Edgewater, Florida pursuant to the Charter of the City of Edgewater and Chapter 166, Florida Statutes, does hereby adopt the Resolution 2023-R-19 Tentative General, Enterprise and all other related Fund Budgets and Capital Improvements i"e Programs, which are attached hereto and incorporated herein as Exhibit "A" which may later be amended by the City Council. Section 2. If any section, subsection, sentence, clause, phrase or portion of this Ordinance is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining portion hereto. Section 3. This Resolution shall become effective immediately upon passage and adoption. PASSED AND DULY ADOPTED this , 0-1 day o 1 , 2023. J y ATMST. I e� Bonnie Zlotnik,'CW, City Clerk REVIEWED AND APPROVED: Diezel Depew, Mayor Resolution 2023-R-19 2 EXHIBIT PROPOSED FY 2023 - 2024 BUDGET REVENUES AND EXPENSES REVENUE EXPENSES 001 - GENERAL FUND $2497069470 $24,706,470 115 - SPECIAL LAW ENFORCEMENT TRUST FUND $14,950 $149950 117 - POLICE IMPACT FEE FUND $171,790 $171,790 119 - RECREATION IMPACT FEE $300,000 $300,000 120 - SCHOLARSHIP FUND $9,000 $9,000 125 - EDGEWATER CRA $1,496,684 $1,496,684 127 - ARPA ECONOMIC IMPACT FUND $3,114,250 $3,114,250 205 -1 & S DEBT SERVICE FUND $439,140 $439,140 331 -CAPITAL PROJECTS FUND $1,8339504 $1,833,504 440 - WATER & SEWER $17,826,520 $17,826,520 442 - WATER DEVELOPMENT $280,125 $280,125 444 - RENEWAL & REPLACEMENT $5,622,519 $5,6229519 447 - SOLID WASTE $4,241,642 $49241,642 448 - STORMWATER OPERATING $3,593,239 $3,593,239 449 - STORMWATER CAPITAL PROJECTS $5609000 $560,000 450 - PUBLIC WORKS COMPLEX $23,000,000 $23,000,000 501 - MIS $1,060,277 $1,060,277 502 - FLEET $1,297,006 $1,297,006 503 - LOSS FUND $747,461 $747,461 504 - FULLY INSURED INSURANCE $4,016,129 $4,016,129 505 -WORKERS COMPENSATION $405,203 $405,203 TOTAL ALL FUNDS $94,735,909 $94,735,909