2024-R-23 - Tenative BudgetY
A
RESOLUTION 2024-R-23
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
2024-2025; 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, 2024 and ending September
30, 2025; and
WHEREAS, a notice of public hearing on said budget was duly published; and
WHEREAS, a public hearing was held on September 9, 2024, after having first adopted
a tentative millage rate for the City for the Fiscal year 2024-2025, 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 23, 2024; and
WHEREAS, a public hearing will be held on September 23, 2024, after having first
adopted a final voted debt service and operating millage rates for the City for the Fiscal year
2024-2025, 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
Tentative General, Enterprise and all other related Fund Budgets and Capital Improvements
Resolution #2024-R-23 1
f
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 thi da
y
`�U91
�t,8onnie ZLotni� , t City Clerk
o
o 2024.
Diezel Depew, Mayor
\6 REVIEWED AND APPROVED: ( L/
Aaron R. Wol, Ci Attorney
Resolution #2024-R-23 2
EXHBIT A PROPOSED FY 2024 - 2025 BUDGET
REVENUES AND EXPENSES
001 - GENERAL FUND
114 - GRANTS FUND
117 - POLICE IMPACT FEE FUND
118 - FIRE IMPACT FEE FUND
120 - SCHOLARSHIP FUND
125 - EDGEWATER CRA
127 - ARPA
205 -1 & S DEBT SERVICE FUND
331 - CAPITAL PROJECTS FUND
440 - WATER & SEWER
444 - RENEWAL & REPLACEMENT
447 - SOLID WASTE
448 - STORMWATER OPERATING
449 - STORMWATER CAPITAL PROJECTS
501 - MIS
502 - FLEET
503 - LOSS FUND
504 - FULLY INSURED INSURANCE
505 - WORKERS COMPENSATION
TOTAL ALL FUNDS
REVENUE
$ 29,643,801
$
11000,000
$
55,000
$
460,000
$
91000
$
589,975
$
110580000
$
437,681
$
19772,050
$ 16,3079452
$
21617,394
$
59254,464
$
31595,310
$
627,000
$
11025,685
$
19527,855
$
792,754
$
4,3769981
$
411,949
$ 71,5629351
EXPENSES
$ 29,6439801
$ 19000,000
$ 55,000
$ 460,000
$ 9,000
$ 589,975
$ 1,058,000
$ 437,681
$ 19772,050
$16,307,452
$ 21617,394
$ 5,254,464
$ 31595,310
$ 627,000
$ 19025,685
$ 1,527,855
$ 792,754
$ 41376,981
$ 411,949
$ 7195629351