2011-R-10RESOLUTION 2011-R-I0
A RESOLUTION OF THE CITY COUNCIL OF
EDGEWATER, FLORIDA, ADOPTING MIDYEAR YEAR
BUDGET ADJUSTMENTS TO THE 2010-2011 FISCAL
YEAR BUDGET AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City of Edgewater, by Resolution 2010-R-15, adopted an operating
budget for Fiscal Year 2010-2011; and
WHEREAS, the City Manager performed an extensive midyear review of the revenue
and expenditure figures for each fund to compare the current amounts with the amount budgeted;
and
WHEREAS, the midyear budget adjustments decrease revenues and expenditures in total
by $478,115; and
WHEREAS, the midyear budget adjustments will allow the City of Edgewater to adjust
the Fiscal Year 2010-2011 budget.
CITY
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
Section 1. Midyear Budget Adjustment: The City Council of the City of Edgewater
amends the Fiscal Year 2010-2011 budget by revising the budget in total to $38,781,503
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 Cb,� it ,�oLM[1_�#n and Second by
ov mi Imnn Tnmslo. , the vote on this Resolution was as follows:
2011-R-10 1
C O
AYE
Mayor Mike Thomas
x
Councilman Justin A. Kennedy
Y
Councilwoman Gigi Bennington
Councilman Mike Ignasiak
�—
Councilman Ted Cooper
PASSED AND DULY ADOPTED this 16th day of May, 2011.
ATTEST:
For the use and reliance only by the City of Edgewater,
Florida. Approved as to form and legality by:
Carolyn S. Ansay, Esquire
City Attorney
Doran, Sims, Wolfe, Away & Kundid
2011-R-10 2
NAY
CITY COUNCIL OF THE
CIT1Y�. F D RIDA
B�y
ike Thomas
Mayor
Robin L. Matusick
Paralegal
Approved by the City Council of the City of Edgewater
at a meeting held on this I day of May, 2011 under
Agenda Item No 8d
MID YEAR SUMMARY OF FUNDS
ADOPTEDI
REVENUES AND EXPENSES FY 2010-2011
Adopted I B.A.
REVENUES
EXPENDITURES
MIDYEAR
001-GENERALFUND
$
12,203649
$
12,454.109
$
12,454,109
$
250.460
105-ANIMAL SERVICES
$
245,759
$
259.405
$
259.405
$
13,646
113- LAW ENFORCEMENT BLOCK
$
2,000
$
9.801
$
9,801
$
7,801
114-GRANTS FUND
$
1730,688
$
-
$
-
$(1,
730,688)
115- SPECIAL LAW ENFORCEMENT TRUST FUND
$
77,502
$
78,879
$
78,879
$
1,377
116- TRANSPORTATION IMPACT FEE
$
209,153
$
395,363
$
395,363
$
186,210
117- POLICE IMPACT FEE FUND
$
13?888
$
140.160
$
140.160
$
2,272
118- FIRE IMPACT FEE FUND
$
220,095
$
223,358
$
223,358
$
3,263
119- RECREATION IMPACT FEE
$
75,745
$
153,997
$
153997
$
78,252
120- SCHOLARSHIP FUND
$
-
$
500
$
500
IS
Soo
205- 1 & S DEBT SERVICE FUND
$
30.915
$
32,151
$
32,151
$
1.236
220-DEBT SERVICE
$
700,000
$
927,436
$
927,436
$
227,436
331 -CAPITAL PROJECTS FUND
$
2,978,449
$
3,413,860
$
3.413,860
$
435.411
440 - WATER & SEWER
$
8,853.510
$
8,400.268
$
8,400,268
$
(453,242)
442 - WATER DEVELOPMENT
$
587.622
$
524,828
$
524,828
$
(62,794)
443- SEWER DEVELOPMENT
$
674,887
$
490,500
$
490,500
$
(184,387)
444- RENEWAL &REPLACEMENT
$
1,376,153
$
1,541,653
$
1,541,653
$
165,500
445- WATER & SEWER RATE STABILIZATION
IS
536,117
$
600,000
$
500,000
$
(36.117)
447-REFUSE
$
3.274,221
$
3,537.585
$
3,537.585
$
263,364
448- STORMWATER OPERATING
$
1296.047
$
1.474,369
$
1,474.369
$
178.322
449- STORMWATER CAPITAL
$
312,750
$
350,500
$
350,500
$
37,750
501- MIS
$
340,058
$
359.279
$
359,279
$
19,221
502 - FLEET
$
731,381
$
744,728
$
744.728
$
13,347
503-LOSS FUND
$
355,916
$
355,916
$
355,916
$
-
504- FULLY INSURED INSURANCE
$
2,085,103
$
2,142,727
$
2.142,727
$
57,624
505- WORKERS COMPENSATION
$
224,010
IS
270.131
$
270,131
$
46,121
TOTAL ALL FUNDS
$
39,259,618
$
38, 7B1503
$
38781,503
$
(478,115)