2024-R-27 - Final Budget RESOLUTION 2024-R 2'7
A RESOLUTION OF THE CITY COUNCIL OF
ED+GEWATER, FLORIDA, ADOPTING THE FINAL
ORIGINAL 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 final
original 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 - M
WHEREAS, a public hearing as required by Florida Statute 200.065 was-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 continents upon said budget were given an opportunity to do
soy and
WHEREAS, the City of Edgewater, Florida, set forth the appropriations and revenue
estimate for the Budget for Fiscal Year 2024-2025 in the amount of$73,003,049.
NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL
OF THE CITY OF EDGEWATER,FLORIDA:
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Resolution#2024-R-27
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 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 cl-� day of 2024.
Diezel Depew,Mayor
A'I'TEST:
REVIEWED AND APPROVED:
Aaron li-.—Wolfe, ,`i Attomey
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Resolution #2024-R-27
EXHBIT A PROPOSED FY 2024 - 2025 BUDGET
REVENUES AND EXPENSES REVENUE EXPENSES
001 -GENERAL FUND $ 29,751,585 $29,751,585
114-GRANTS FUND $ 1,000,000 $ 1,000,000
117 -POLICE IMPACT FEE FUND $ 55,000 $ 55,000
118 -FIRE IMPACT FEE FUND $ 460,000 $ 460,000
120 -SCHOLARSHIP FUND $ 9,000 $ 9,000
125-EDGEWATER CRA $ 1,922,742 $ 1,922,742
127-ARPA $ 1,058,000 $ 1,058,000
205-1 &S DEBT SERVICE FUND $ 437,828 $ 437,828
331 -CAPITAL PROJECTS FUND $ 1,772,050 $ 1,772,050
440-WATER&SEWER $ 16,307,452 $ 16,307,452
444-RENEWAL&REPLACEMENT $ 2,617,394 $ 2,617,394
447 -SOLID WASTE $ 5,254,464 $ 5,254,464
448-STORMWATER OPERATING $ 3,595,310 $ 3,595,310
449 -STORMWATER CAPITAL PROJECTS $ 627,000 $ 627,000
501 -MIS $ 1,026,685 $ 1,025,685
502 -FLEET $ 1,527,855 $ 1,527,855
503 -LOSS FUND $ 792,754 $ 792,764
504-FULLY INSURED INSURANCE $ 4,376,981 $ 4,376,981
605 -WORKERS COMPENSATION $ 411,949 $ 411,949
TOTAL ALL FUNDS $73,003,049 $73,003,049