2025-R-11 - Budget AmendmentRESOLUTION 2025-R-11
A RESOLUTION OF THE CITY COUNCIL OF
EDGEWATER, FLORIDA, ADOPTING BUDGET
ADJUSTMENTS TO THE 2024-2025 FISCAL YEAR
BUDGETS AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City of Edgewater, by Resolution 2024-R-27, adopted an operating
budget for Fiscal Year 2024-2025; and by Resolution 2024-R-35 and Resolution 2025-R-03
amended the operating budget;
WHEREAS, the budget adjustments will allow the City of Edgewater to adjust the Fiscal
Year 2024-2025 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. May Budget Adjustment: The City Council of the City of Edgewater
amends the Fiscal Year 2024-2025 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 da
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REVIEWED AND APPROVED: Lk
Aaron R. Wolfe Cit Attorney
EXHIBIT A
JUNE AMENDED FY 2024 - 2025 BUDGET
REVENUES AND EXPENSES
001 - GENERAL FUND
114 - GRANTS FUND
116 - SPECIAL LAW ENFORCEMENT TRUST FD
116 - TRANSPORTATION IMPACT FEE
117 - POLICE IMPACT FEE FUND
118 - FIRE 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
443 - SEWER DEVELOPMENT
444 - RENEWAL & REPLACEMENT
447 - SOLID WASTE
448 - STORMWATER OPERATING
449 - STORMWATER CAPITAL PROJECTS
450 - PUBLIC WORKS COMPLEX
601 - MIS
602 - FLEET
503 - LOSS FUND
604 - FULLY INSURED INSURANCE
505 - WORKERS COMPENSATION
CURRENT
Proposed
Proposed
Recommended
APPROVED
REVENUE
EXPENSES
Amendment
$ 36,133,663
$
36,574,413
$
369674,413
$
440,750
$ 3,079,000
$
3,079,000
$
3,079,000
$
-
$ 38,000
$
38,000
$
38,000
$
-
$ 601,033
$
601,033
$
601,033
$
-
$ 66,000
$
100,000
$
100,000
$
45,000
$ 460,000
$
460,000
$
4609000
$
-
$ 300,000
$
312,760
$
312,750
$
12,750
$ 9,000
$
9,000
$
9,000
$
-
$ 30,000
$
319000
$
31,000
$
1,000
$ 1,922,742
$
19922,742
$
1,922,742
$
-
$ 6,620,662
$
6,636,508
$
6,636,508
$
15,846
$ 437,828
$
437,828
$
437,828
$
-
$ 6,964,634
$
6,239,634
$
6,239,634
$
275,000
$ 28,113,773
$
29,9660444
$
29,965,444
$
1,851,671
$ 280,126
$
280,125
$
280,125
$
-
$ 317,470
$
317,470
$
317,470
$
-
$ 14,221,877
$
15,721,877
$
16,721,877
$
1,500,000
$ 6,683,090
$
6,121,972
$
6,121,972
$
(5619118)
$ 23,205,802
$
23,221,648
$
23,221,648
$ - . --15,846
$ 20,931,967
$
20,931,967
$
26,931,967--
$
:f -
$ 23,387,810
$
23,625,362
$
-23,625,362
2�7,552
$ 1,0420735
$
1,042,736
$
J,042,735-- $-
$ 1,683,044
$
1,683,044
$
19563,04..4-
$ 792,754
$
792,754
$
792,754
$
-
$ 4,376,981
$
4,376,981
$
4,376,981
$
-
$ 411,949
$
411,949
$
411,949
$
-
TOTAL ALL FUNDS $ 181,000,939 $ 184,835,236 $ 184,835,236 $ 3,834,297
Func Description Amount
Funds
Identified
Description
001 Comp. Plan update
15,000
Donation to FD of Polaris ATV
20,000
20,000
Donation
Additional equipment for FD ATV
12,750
12,750
Trf Fire Impact fees
Trf Cap Prj - FD station 57 mit. Proj
230,000
230,000
HLMP Grant
City Hall mitigation/remodel
120,000
PD Range Noise Abatement CF
33,000
Cost of CM interviews
10,000
Use of FB....................................................................
178,000
Appropriated FB
Total General Fund
440,750
440,750
117 PD Boat ramp design
45,000
45,000
Appropriated FB - Impt fee
Total Police Impact Fund
45,000
45,000
118 Equipment for FD ATV
12,750
12,750
Appropriated FB - Impt fee
Total Fire Impact Fund
12,750
12,750
122 P&R - Trees for earthday
1,000
1,000
Appropriated FB - tree mit.
Total Tree Mitigation Fund
1,000
1,000
127 Transfer to PW complex
15,846
15,846
Appropriated FB - ARPA
Total ARPA ECONOMIC IMPACT Fund
15,846
15,846
331 PD Boat ramp design
45,000
45,000
transfer from PD impact fund
FD Station 57 Wind Mit. Doors
230,000
230,000
trf. HLMP funds from GF
Increase Road project budget
113,146
Reduce Sidewalk project budget
(113,146)
Total Capital Projects Fund
275,000
275,000
440 W&S chemical needs
306,000
298,850
Increase in Revenue for W&S
W&S chemical needs
11,450
W&S chemical needs
(18,600)
52,821
Appropriated FB
Trf to PW complex for share cost
52,821
CDBG Grant funding tfr to R&R
1,500,000
1,500,000
CDBG Grant Rev.
Total Water & Sewer Fund
2,851,671
1,851,671
444 CDBG Grant - 2" Galy. Water Pipe
750,000
750,000
Transfer from W&S
CDBG Grant - Sewer ARV Replacemeni
750,000
750,000
Transfer from W&S
Total R&R Fund
1,500,000
1,500,000
447 Reduction for Hurricane Debris
(620,000)
Increase for Debris monitoring
37,754
Trf to PW complex for share cost
21,128
(561,118) Appropriated FB
Total Solid Waste Fund
(561,118)
(561,118)
448 Trf to PW complex for share cost
15,846
15,846
Appropriated FB
Total Stormwater Fund
15,846
15,846
450 Issue with CF of open POs
149,902
131,911
Debt
Cost of Debt issuance
87,650
15,846
Transfer from ARPA
52,821
Transfer from W&S
-
21,128
Transfer from Refuse
-----------------------------------------
-
15,846
Transfer from Stormwater
Total Public Works Complex Fund
237,552
237,552
total all funds
3,834,297
3,834,297
check figure
Transfers to/from
1,893,391
1,893,391
check figure
1,940,906
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