2011-R-22 RESOLUTION 2011 -R -22
A RESOLUTION OF THE CITY COUNCIL OF
EDGEWATER, FLORIDA, ADOPTING FINAL 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 mid year review, by Resolution
2011 -R -10 of the revenue and expenditure figures for each fund to compare the current amounts
with the amount budgeted; 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 will allow the City of Edgewater to
finanlize the Fiscal Year 2010 -2011 Budget.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY
Section 1. Final Budget Adjustment: The City Council of the City of Edgewater
amends the Fiscal Year 2010 -2011 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.
u
0
After Motion for approval by cojjncilman Coopeond Second by Councilman Kennedy,
the vote on this Resolution was as follows:
AYE
Mayor Mike Thomas Absent
Councilman Justin A. Kennedy x
Councilwoman Gigi Bennington x
Councilman Mike Ignasiak x
Councilman Ted Cooper x
PASSED AND DULY ADOPTED this 7th day of November, 2011.
ATTEST:
an -
Li a Bloomer
Deputy City Clerk
the City of Edgewater
Florida. Approved as to form and legality by:
Aaron R. Wolfe, Esquire
City Attorney
Doran, Sims,Wolfe & Kundid
NAY
CITY COUNCIL OF THE
CITY OF EDGEWATER, FLORIDA
By:
4GiBin4afrg-ton
Vice -Mayor
R `[ l rr-t.n 11 i
o in L.Matusick
Paralegal
Approved by the City Council of the City of Edgewater
at a meeting held on this r' day of November, 2011
under Agenda item No 8 d
FINAL SUMMARY OF FUNDS
Exhibit "A"
AMENDED BUDGET ACTUAL FINAL AMENDED BUDGET
REVENUES AND EXPENSES FY 2010 - 2011 REVENUES EXPENDITURES REVENUES EXPENDITURES REVENUES EXPENDITURES VARIANCE
001 - GENERAL $ 12,454,109 $ 12,454,109 $ 10,946,370 $ 11,669,424 $ 12,000,000 $ 12,000,000 $ (454,109)
105 - ANIMAL SERVICES $ 259,405 $ 259,405 $ 238,014 $ 225,694 $ 250,000 $ 250,000 $ (9,405)
113 - LAW ENFORCEMENT BLOCK $ 9,801 $ 9,801 $ 6,274 $ 6,271 $ 6,500 $ 6,500 $ (3,301)
114 - GRANTS $ - $ - $ - $ - $ - $ - $ -
115 - SPECIAL LAW ENFORCEMENT TRUST $ 78,879 $ 78,879 $ 9,391 $ 6,926 $ 10,000 $ 10,000 $ (68,879)
116 - TRANSPORTATION IMPACT FEE $ 395,363 $ 395,363 $ 49,856 $ - $ 75,000 $ 75,000 $ (320,363)
117 - POLICE IMPACT FEE $ 140,160 $ 140,160 $ 4,166 $ - $ 5,000 $ 5,000 $ (135,160)
118 - FIRE IMPACT FEE $ 223,358 $ 223,358 $ 5,307 $ 219,000 $ 223,358 $ 223,358 $ -
119 - RECREATION IMPACT FEE $ 153,997 $ 153,997 $ 9,772 $ - $ 15,000 $ 15,000 $ (138,997)
120 - SCHOLARSHIP FUND $ 500 $ 500 $ 448 $ - $ 500 $ 500 $ -
205 - I & S DEBT SERVICE $ 32,151 $ 32,151 $ 31,850 $ 30,765 $ 32,151 $ 32,151 $ -
220 - DEBT SERVICE $ 927,436 $ 927,436 $ 264,748 $ 277,284 $ 300,000 $ 300,000 $ (627,436)
331 - CAPITAL PROJECTS $ 3,413,860 $ 3,413,860 $ 1,738,962 $ 1,628,922 $ 2,000,000 $ 2,000,000 $ (1,413,860)
440 - WATER & SEWER $ 8,400,268 $ 8,400,268 $ 7,929,935 $ 8,232,954 $ 8,400,268 $ 8,400,268 $ -
442 - WATER DEVELOPMENT $ 524,828 $ 524,828 $ 40,412 $ 87,622 $ 100,000 $ 100,000 $ (424,828)
443 - SEWER DEVELOPMENT $ 490,500 $ 490,500 $ 44,836 $ 174,887 $ 200,000 $ 200,000 $ (290,500)
444 - RENEWAL & REPLACEMENT $ 1,541,653 $ 1,541,653 $ 2,436,706 $ 2,005,827 $ 2,500,000 $ 2,500,000 $ 958,347
445 - RATE STABILIZATION $ 500,000 $ 500,000 $ 62,789 $ - $ 62,789 $ 62,789 $ (437,211)
447 - REFUSE $ 3,537,585 $ 3,537,585 $ 2,700,156 $ 2,680,428 $ 3,537,585 $ 3,537,585 $ -
448 - STORMWATER OPERATING $ 1,474,369 $ 1,474,369 $ 1,308,803 $ 1,183,822 $ 1,400,000 $ 1,400,000 $ (74,369)
449 - STORMWATER CAPITAL $ 350,500 $ 350,500 $ 344,482 $ 155,218 $ 350,500 $ 350,500 $ -
450 - PUBLIC WORKS COMPLEX $ - $ - $ 344,482 $ 155,218 $ 550,000 $ 550,000 $ 550,000
501 - MIS $ 359,279 $ 359,279 $ 359,145 $ 347,118 $ 359,279 $ 359,279 $ -
502 - FLEET $ 744,728 $ 744,728 $ 759,951 $ 729,099 $ 760,000 $ 760,000 $ 15,272
503- LOSS $ 355,916 $ 355,916 $ 355,957 $ 306,940 $ 356,000 $ 356,000 $ 84
504 - FULLY INSURED INSURANCE $ 2,142,727 $ 2,142,727 $ 2,221,166 $ 2,157,594 $ 2,225,000 $ 2,225,000 $ 82,273
505 - WORKERS COMPENSATION $ 270,131 $ 270,131 $ 195,756 $ 220,048 $ 220,050 $ 220,050 $ (50,081)
TOTAL ALL FUNDS $ 38,781,503 $ 38,781,503 $ 32,409,734 $ 32,501,061 $ 35,938,980 $ 35,938,980 $ (2,842,523)