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2010-R-19RESOLUTION 2010-R-19 A RESOLUTION OF THE CITY COUNCIL OF EDGEWATER, FLORIDA, ADOPTING FINAL YEAR BUDGET ADJUSTMENTS TO THE 2009-2010 FISCAL YEAR BUDGET AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Edgewater, by Resolution 2009-R-23, adopted an operating budget for Fiscal Year 2009-2010; and WHEREAS, the City Manager performed an extensive year end review of the revenue and expenditure figures for each fund to compare the current amounts with the amount budgeted; and WHEREAS, the year end budget adjustments decrease revenues and expenditures in total by $3,385,106; and WHEREAS, the year end budget adjustments will allow the City of Edgewater to tinanlize the Fiscal Year 2009-2010 Budget, CITY NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE Section 1. Final Budget Adjustment: The City Council of the City of Edgewater amends the Fiscal Year 2009-2010 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. After Motion for approval by nc m� Imoa Ewper and Second by LOnf@d WIM 12hodeS , the vote on this Resolution was as follows: 2010-R-19 O a AYE NAY Mayor Mike Thomas x Councilwoman Debra J. Rogers Councilwoman Gigi Bennington X Councilwoman Harriet B. Rhodes X Councilman Ted Cooper X PASSED AND DULY ADOPTED this 15th day of November, 2010. L 1nm D Bonnie Wenzel, Cit Clerk (Seal) Mike Thomas, Mayor RY��=_. Robin L. Matusick, Paraleg� For use and reliance only by the City of Approved by the City Council of the City of Edgewater, Florida. Approved as to form and Edgewater at a meeting held this 15th day of legality by: Carolyn S. Ansay, Esquire November, 2010 under agenda Item No.qb-. City Attorney Doran, Wolfe, Ansay & Kundid 2010-R-19 F] FINAL SUMMARY OF FUNDS Exhibit "A" AMENDED BUDGET ACTUAL FINAL AMENDED BUDGET REVENUES AND EXPENSES FY 2009-2010 REVENUES EXPENDITURES REVENUES EXPENDITURES REVENUES EXPENDITURES VARIANCE 001-GENERAL S 12, 544666 $ 12544666 $ 11949,606 $ 12, 128055 $ 12, 300,000 $ 12,300000 $ (244666) 105-ANIMAL SERVICES $ 279690 S 279690 $ 177.050 $ 217.513 $ 230000 $ 230,000 $ (49690) 113- LAW ENFORCEMENT BLOCK $ 1,000 S 1000 $ 9,188 $ 3, 190 $ 7188 S 7.188 S 6, 188 114-GRANTS $ 3660068 S 3660068 5 1,263,096 $ 2,900,000 $ 3000,000 $ 3,000000 S (660066) 115 SPECIAL LAW ENFORCEMENT TRUST $ 58,200 $ 56200 $ 13,008 $ - $ 15, 000 $ 15000 $ (43, 200) 116- TRANSPORTATION IMPACT FEE $ 263000 $ 263, 000 S 69,643 $ - $ 75,00 $ 75000 $ (160,000) 117 POLICE IMPACT FEE S 131 000 $ 131.000 $ 5512 $ - $ 10,000 IS 10000 $ (121,000) 118-FIRE IMPACT FEE $ 21B SO $ 213095 $ 9807 $ - S 10,000 $ 10,000 $ (203095) 119- RECREATION IM PACT FEE $ 190000 $ 190,000 $ 13773 S 60000 $ 15,000 $ 15,000 $ (175 E00) 205-I B S DEBT SERVICE $ 31414 $ 31,414 $ 30, 350 $ 31395 $ 31,414 $ 31414 $ - 220-DEBT SERVICE S 911371 $ 911371 $ 1, 365,967 $ 1,365967 IS 1, 375,000 $ 1375000 $ 463625 331 CAPITAL PROJECTS S 490997 $ 490,997 $ 265,421 S 265421 S 295000 S 275,000 $ (215.997) 440-WATER B SEWER $ N, 113, 356 $ 8,113356 S 9307, 101 $ 7273035 $ 8, 113, 356 $ 8,113356 $ - 442- WATER DEVELOPMENT $ 649.000 S 649000 $ 83,275 S 149, 000 $ 175,000 $ 175,000 $ (474,000) 443- SEWER DEVELOPMENT $ 313,389 $ 313,389 $ 84,812 $ - $ 100000 $ 100000 $ 013,389) 444 RENEWAL 6 REPLACEMENT $ 3.708.0. $ 3708,000 $ - S 22325I6 $ 2,750000 $ 2750000 $ (958.000) 445- RATE STABILIZATION $ 500000 $ 500000 $ 500000 $ - $ 500000 $ 500000 $ - 447 REFUSE $ 3203 972 $ 3,203,972 $ 2,706,864 S 2491,301 $ 3000,000 $ 3,000.000 $ (203,972) 448- STORMWATER OPERATING IS 1274,076 $ 1274076 $ 1295086 $ 1, 151, 316 $ 1,300,000 $ 1300000 S 25924 449- STORMWATER CAPITAL $ 680,073 $ 680, 093 $ 78,357 $ 535,898 $ 600.000 $ 600000 S (N0973) 501-MIS $ 350, 142 $ 350.142 $ 350142 $ 353.075 S 360000 $ 360,000 $ 9858 502 FLEET $ 770786 $ 770,786 S 590449 $ 605,146 3 650,000 $ 650B00 $ (120786) 503-LOSS $ 325,605 S 325605 $ 3256US 5 338, 028 $ 340000 $ 340600 $ 14,395 504- FULLY INSURED INSURANCE S 1, 917,866 $ 1917866 $ 1,959746 $ 1, 909,312 S 1.60,000 $ 1,960,000 $ 42,134 505- WORKERS COMPENSATION S 222,881 $ 223601 $ 22fi5N3 $ 208,616 $ 2267583 $ 226, 583 $ 39702 TOTAL ALL FUNDS $ 40,803647 $ 40,803,647 IS 30,678441 $ 30,57B 441 $ 379410541 $ J7 418,541 $ (3,385.106)