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2025-R-31 - Budget Adjustment FY 2024/2025RESOLUTION 2025-R-31 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, Resolution 2025-R-03, and Resolution 2025-R- I I 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. August Budget Adiustment: 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 day of ao Diezel Depew, Mayor Monique Toupin, Acting it Clerk REVIEWED AND APPROVED:. Aaron R. Wolfie,�LftAttorney yl 2025. M EXHIBIT AUGUST AMENDED FY 2024 - 2025 BUDGET REVENUES AND EXPENSES 001 - GENERAL FUND 114 - GRANTS FUND 115 - 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 501 - MIS 502 - FLEET 503 - LOSS FUND 504. FULLY INSURED INSURANCE 505 -WORKERS COMPENSATION TOTAL ALL FUNDS CURRENT Proposed Proposed Recommended APPROVED REVENUE EXPENSES Amendment $ 36,133,663 $ 36,133,663 $ 36,133,663 $ - $ 3,079,000 $ 3,079,000 $ 3,079,000 $ - $ 38,000 $ 38,000 $ 38,000 $ - $ 601,033 $ 601,033 $ 601,033 $ - $ 55,000 $ 55,000 $ 55,000 $ - $ 460,000 $ 460,000 $ 460,000 $ - $ 300,000 $ 300,000 $ 300,000 $ - $ 9,000 $ 9,000 $ 9,000 $ - $ 30,000 $ 30,000 $ 30,000 $ - $ 1,922,742 $ 1,922,742 $ 1,922,742 $ - $ 6,620,662 $ 6,620,662 $ 6,620,662 $ - $ 437,828 $ 437,828 $ 437,828 $ - $ 5,964,634 $ 5,691,734 $ 5,691,734 $ (272,900; $ 28,113,773 $ 28,113,773 $ 28,113,773 $ - $ 280,125 $ 280,125 $ 280,125 $ - $ 317,470 $ 317,470 $ 317,470 $ - $ 14,221,877 $ 14,221,877 $ 14,221,877 $ - $ 6,683,090 $ 6,683,090 $ 6,683,090 $ - $ 23,205,802 $ 24,205,802 $ 24,205,802 $ 1,000,000 $ 20,931,967 $ 22,735,377 $ 22,735,377 $ 1,803,410 $ 23,387,810 $ 23,387,810 $ 23,387,810 $ - $ 1,042,735 $ 1,048,519 $ 1,048,519 $ 5,784 $ 1,583,044 $ 1,583,044 $ 1,583,044 $ - $ 792,754 $ 792,754 $ 792,754 $ - $ 4,376,981 $ 4,376,981 $ 4,376,981 $ - $ 411,949 $ 443,423 $ 443,423 $ 31,474 $ 181,000,939 $ 183,568,707 $ 183,568,707 $ 2,567,768