2023-R-23 Final BudgetRESOLUTION 2023-R-23
A RESOLUTION OF THE CITY COUNCIL OF
EDGEWATER, FLORIDA, ADOPTING THE FINAL
ORIGINAL 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 final original
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 given an
opportunity to do so; and
WHEREAS, within five days after due public advertising, a Public Hearing will be held
to finalize the budget on September 25, 2023; and
WHEREAS, a public hearing as required by Florida Statute _00.065 --vas heldfon
September 25, 2023, after having first adopted a final voted debt service -and operating millgge
rates for the City for the Fiscal year 20230-2024, to consider the final budget and all -pefsons
desiring to voice objection or make comments upon said budget were given an opportunity to do
so; and
WHEREAS, the City of Edgewater, Florida, set forth the appropriations and revenue
estimate for the Budget for Fiscal Year 2023-2024 in the amount of $94,670,560.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL
/00*1 OF THE CITY OF EDGEWATER, FLORIDA:
Resolution #2023-R-23
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 Final
Original General, Enterprise and all other related Fund Budgets and Capital Improvements
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
Resolution is for any reason held invalid or unconstitutional by any court ofcompetent 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 day o 2023.
�C/"V
iiezel Depew, Mayor
.J Lo
7 0)
n "y _ L)
Bonnie AkiAc CW, City Clerk
REVIEWED AND APPROVED: CL Le)
Aaron R. Wolfe, ttorney
Resolution #2023-R-23
EXHIBIT PROPOSED FY 2023 - 2024 BUDGET
REVENUES AND EXPENSES
REVENUE
EXPENSES
001 - GENERAL FUND
$
24,706,470
$
24,706,470
115 - SPECIAL LAW ENFORCEMENT TRUST FUND
$
14,950
$
14,950
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
$
1,431,335
$
1,431,335
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
$
1,833,504
$
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
$
5,622,519
447 - SOLID WASTE
$
4,241,642
$
4,241,642
448 - STORMWATER OPERATING
$
3,593,239
$
3,593,239
449 - STORMWATER CAPITAL PROJECTS
$
560,000
$
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
$
1,2979006
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
$
94,670,560
$
94,670,560