2025-R-37 - FY 2024-2025 Budget AdjustmentsRESOLUTION 2025-R-37
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,
Resolution 2025-R-1 I and Resolution 2025-R-31 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. Final November 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.
SED AND DULY ADOPTED this day of 2025.
Diezel Depew, Mayor
W � V$T:
Moi4ique ToulAn, Interim City Cle�-k
REVIEWED AND APPROVED:
Aaron R. WofitS,,Uy Attorney
EXHIBIT
FINALrD BUDGET
REVENUES AND EXPENSES
CURRENT
EXHIBIT
Proposed
Proposed
Recommended
APPROVED
Adjusted
REVENUE
EXPENSES
Amendment
001 -GENERAL FUND
$ 36,574,413
$
36,728,724
$
36,728,724
$
154,311
114 - GRANTS FUND
$ 3,079,000
$
3,079,000
$
3,079,000
$
-
115 - SPECIAL LAW ENFORCEMENT TRUST
$ 38,000
$
38,000
$
38,000
$
-
116 -TRANSPORTATION IMPACT FEE
$ 601,033
$
601,033
$
601,033
$
-
117 - POLICE IMPACT FEE FUND
$ 100,000
$
100,000
$
100,000
$
-
118 - FIRE IMPACT FEE FUND
$ 460,000
$ 12,750
$
472,750
$
472,750
$
12,750
119 - RECREATION IMPACT FEE
$ 312,750
$ (12,750)
$
300,000
$
300,000
$
(12,750)
120 - SCHOLARSHIP FUND
$ 9,000
$
9,000
$
9,000
$
-
122 -TREE MITIGATION FUND
$ 31,000
$
31,000
$
31,000
$
-
125 - EDGEWATER CRA
$ 1,922,742
$
1,922,742
$
1,922,742
$
-
127 - ARPA ECONOMIC IMPACT FUND
$ 6,636,508
$
6,636,508
$
6,636,508
$
-
205 - I & S DEBT SERVICE FUND
$ 437,828
$
437,828
$
437,828
$
-
331 - CAPITAL PROJECTS FUND
$ 5,966,734
$
5,966,734
$
5,966,734
$
-
440 -WATER & SEWER
$ 29,965,444
$
29,965,444
$
29,965,444
$
-
442 -WATER DEVELOPMENT
$ 280,125
$
280,125
$
280,125
$
-
443 - SEWER DEVELOPMENT
$ 317,470
$
317,470
$
317,470
$
-
444 - RENEWAL & REPLACEMENT
$ 15,721,877
$
15,721,877
$
15,721,877
$
-
447 - SOLID WASTE
$ 6,121,972
$
6,121,972
$
6,121,972
$
-
448 - STORMWATER OPERATING
$ 24,221,648
$
24,221,648
$
24,221,648
$
-
449 - STORMWATER CAPITAL PROJECTS
$ 22,735,377
$
22,735,377
$
22,735,377
$
-
450 - PUBLIC WORKS COMPLEX
$ 23,625,362
$
23,625,362
$
23,625,362
$
-
501 -MIS
$ 1,048,519
$
1,048,519
$
1,048,519
$
-
502 - FLEET
$ 1,583,044
$
1,607,955
$
1,607,955
$
24,911
503 - LOSS FUND
$ 792,754
$ 31,474
$
824,228
$
824,228
$
31,474
504 - FULLY INSURED INSURANCE
$ 4,376,981
$
4,376,981
$
4,376,981
$
-
505 - WORKERS COMPENSATION
$ 443,423
$ (31,474)
$
411,949
$
411,949
$
(31,474)
TOTAL ALL FUNDS
$ 187,403,004
$ -
$
187,582,226
$
187,582,226
$
179,222