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2025-R-20 - Tentative Annual Budget 2025-2026RESOLUTION 2025-R-20 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 2025-2026; 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, 2025 and ending September 30,2026;and WHEREAS, a notice of public hearing on said budget was duly published; and WHEREAS, a public hearing was held on September 8, 2025, after having first adopted a tentative millage rate for the City for the Fiscal year 2025-2026, to conside;r 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 22, 2025; and WHEREAS, a public hearing will be held on September 22, 2025, after having first adopted a final voted debt service and operating millage rates for the City for the Fiscal year 2025-2026, 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; and WHEREAS, the City of Edgewater, Florida, set forth the appropriations and revenue estimate for the Budget for Fiscal Year 2025-2026 in the amount of $80,516,543. 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 Programs, which are attached hereto and incorporated herein as Exhibit "A" which may later be amended by the City Council, Resolution #2025-R-20 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 day o v" 0 Diczel ATTEST: Mo icq"lueTo pin, Interim dy Clerk REVIEWED AND APPROVED: C Aaron R. Wke',,Idity Attorney 2 Resolution #2025-R-20 2025. REVENUES AND EXPENSES REVENUE EXPENSES 001 - GENERAL FUND $ 33,616,462 $ 33,616,462 114 - GRANTS FUND $ - $ - 115 - SPECIAL LAW ENFORCEMENT TRUST FUND $ 17,950 $ 17,950 116 -TRANSPORTATION IMPACT FEE $ 1,232,524 $ 1,232,524 117 - POLICE IMPACT FEE FUND $ 399,829 $ 399,829 118 - FIRE IMPACT FEE FUND $ 87,761 $ 87,761 120 - SCHOLARSHIP FUND $ 9,000 $ 9,000 125 - EDGEWATER CRA $ 641,870 $ 641,870 127 - ARPA $ - $ - 205 -1 & S DEBT SERVICE FUND $ 452,794 $ 452,794 331 - CAPITAL PROJECTS FUND $ 4,077,756 $ 4,077,756 440 - WATER & SEWER $ 18,878,774 $ 18,878,774 444 - RENEWAL & REPLACEMENT $ 3,719,999 $ 3,719,999 447 - SOLID WASTE $ 5,497,503 $ 5,497,503 448 - STORMWATER OPERATING $ 3,003,714 $ 3,003,714 449 - STORMWATER CAPITAL PROJECTS $ - $ - 501 - MIS $ 1,323,971 $ 1,323,971 502 - FLEET $ 1,727,714 $ 1,727,714 503 - LOSS FUND $ 840,502 $ 840,502 504 - FULLY INSURED INSURANCE $ 4,536,124 $ 4,536,124 505 - WORKERS COMPENSATION $ 452,296 $ 452,296 TOTAL ALL FUNDS $ 80,516,543 $ 80,516,543