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2024-R-05 - 2023-2024 Budget AdjustmentsRESOLUTION 2024-R-05 A RESOLUTION OF THE CITY COUNCIL OF EDGEWATER, FLORIDA, ADOPTING BUDGET ADJUSTMENTS TO THE 2023-2024 FISCAL YEAR BUDGETS AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Edgewater, by Resolution 2023-R-23, adopted an operating budget for Fiscal Year 2023-2024; and WHEREAS, the City of Edgewater, by Resolution 2023-R-31, amended the operating budget for Fiscal Year 2023-2024; and WHEREAS, the budget adjustments will allow the City of Edgewater to adjust the Fiscal Year 2023-2024 budget and increase revenues and expenditures in total pursuant to itemizations contained in Exhibit "A" which is attached hereto and incorporated herein; and NOW, THEREFORE, be it resolved by the City Council of Edgewater, Florida. Section 1. December Budget Adjustment: The City Council of the City of /041 Edgewater amends the Fiscal Year 2023-2024 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. .. tri. SSED AND DULY ADOPTED c -......... o-, r `t r X1YynCOT�12� 1 Bonnie Zlotnik, EMC, City Clerk REVIEWED AND APPROVED: /"k, ..y of(�j _ _, _ 2024. Diezel Depew, Mayor t EXHIBIT A June AMENDED FY 2023 - 2024 BUDGET REVENUES AND EXPENSES 001 - GENERAL FUND 115 - SPECIAL LAW ENFORCEMENT TRUST FD 117 - POLICE IMPACT FEE FUND 119 - RECREATION IMPACT FEE 120 - SCHOLARSHIP FUND 122 - TREE MITIGATION FUND 125 - EDGEWATER CRA 127 - ARPA ECONOMIC IMPACT FUND 205 -1 & S DEBT SERVICE FUND 331 - CAPITAL PROJECTS FUND 440 -WATER & SEWER 442 - WATER DEVELOPMENT 444 - RENEWAL & REPLACEMENT 447 - SOLID WASTE 448 - STORMWATER OPERATING 449 - STORMWATER CAPITAL PROJECTS 450 - PUBLIC WORKS COMPLEX 501 - MIS 502 -FLEET 503 - LOSS FUND 504 - FULLY INSURED INSURANCE 505 - WORKERS COMPENSATION A TOTAL ALL FUNDS $ 152,035,558 $ 156,182,101 $ 156,182,101 $ - - -49146,543 e"06\ CURRENT Proposed Proposed Recommended APPROVED REVENUE EXPENSES Amendment $ 3097879950 $ 329423,379 $ 32,423,379 $ 1,635,429 $ 149950 $ 149950 $ 14,950 $ - $ 171,790 $ 171,790 $ 171,790 $ - $ 507,168 $ 5079168 $ 507,168 $ - $ 91000 $ 14,000 $ 14,000 $ 5,000 $ 30,000 $ 30,000 $ 309000 $ - $ 1,515,335 $ 195159335 $ 1,515,335 $ - $ 3,135,175 $ 3,5169741 $ 315169741 $ 381,566 $ 439,140 $ 439,140 $ 439,140 $ - $ 698439808 $ 61843,808 $ 6,843,808 $ - $ 25,445,807 $ 26,288,233 $ 26,288,233 $ 8429426 $ 3239311 $ 323,311 $ 3239311 $ - $ 13,040,121 $ 13,8409621 $ 13,840,621 $ 800,500 $ 4,946,360 $ 5,023,237 $ 5,0239237 $ 76,877 $ 189642,393 $ 18,716,023 $ 18,716,023 $ 73,630 $ 1596059339 $ 150605,339 $ 15,605,339 $ - $ 239000,000 $ 23,000,000 $ 2390009000 $ - $ 1,097,542 $ 110979575 $ 190979575 $ __ 33 $ 19311,576 $ 1,6399646 $ 1,639,646 _1%- 328,070 -- $ 747,461 $ 747,461 $ 747,461. $ 49016,129 $ 4,016,129 $ 4,016,129- $ - $ 405,203 $ 4089215 $ 408,215 $ 3,012;' TOTAL ALL FUNDS $ 152,035,558 $ 156,182,101 $ 156,182,101 $ - - -49146,543 e"06\