2024-R-40 - FY 23-24 Budget Adjustments RESOLUTION 2024-R40
A RESOLUTION OF THE CITY COUNCIL OF
EDGEWATER, FLORIDA, ADOPTING THE 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-3 1, and by Resolution 2024-
R-05 and 2024-R-34 amended the operating budget for Fiscal Year 2023-2024; and
WHEREAS, the Exhibit "A" in Resolution 2024-R-34 provided the itemization of
recommended budget adjustments to 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"but had an error in the Current and Proposed columns of the Exhibit"A"
WHEREAS, the Exhibit"A"attached provides the final approved budget by fund for the
City of Edgewater for the Fiscal Year 2023-2024 which is attached hereto and incorporated herein;
and
NOW,THEREFORE,be it resolved by the City Council of Edgewater, Florida.
Section 1. Final Budget Adjustment: The City Council of the City of 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.
PASSED AND DULY ADOPTED this W6 day of-Da ttaikA 12024.
Diezel Depew, Mayor
ATTEST:
Bonnze iotnik;'" MC, City Clerk
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� vv JEW"]E'A D AND APPROVED:
Ar, � , Aaron R. Wolf(, City/Attorney
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EXHIBIT A
Final AMENDED FY 2023 - 2024 BUDGET
REVENUES AND EXPENSES Final
Approved
001 -GENERAL FUND $ 33,021,440
115-SPECIAL LAW ENFORCEMENT TRUST FD $ 14,950
117-POLICE IMPACT FEE FUND $ 171,790
119-RECREATION IMPACT FEE $ 507,168
120 -SCHOLARSHIP FUND $ 14,000
121 - COE MANATEE CONSEV $ 10,800
122-TREE MITIGATION FUND $ 30,000
125-EDGEWATER CRA $ 1,515,335
127-ARPA ECONOMIC IMPACT FUND $ 3,538,566
205-1&S DEBT SERVICE FUND $ 439,140
331 -CAPITAL PROJECTS FUND $ 6,843,808
440 -WATER&SEWER $ 26,605,703
442-WATER DEVELOPMENT $ 323,311
443-SEWER DEVELOPMENT $ 317,470
444-RENEWAL&REPLACEMENT $ 13,767,870
445-WS SINKING FUND $ 205
447-SOLID WASTE $ 5,023,237
448 -STORMWATER OPERATING $ 18,716,023
449 -STORMWATER CAPITAL PROJECTS $ 15,605,339
450-PUBLIC WORKS COMPLEX $ 23,146,402
501 -MIS $ 1,097,575
502-FLEET $ 1,639,646
503-LOSS FUND $ 747,461
504-FULLY INSURED INSURANCE $ 4,016,129
505-WORKERS COMPENSATION $ 408,215
TOTAL ALL FUNDS $ 157,521,583