2012-R-25 RESOLUTION 2012-R-25
A RESOLUTION OF THE CITY COUNCIL OF
EDGEWATER, FLORIDA, ADOPTING FINAL YEAR
BUDGET ADJUSTMENTS TO THE 2011-2012 FISCAL
YEAR BUDGET AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City of Edgewater, by Resolution 2011-R-19, adopted an operating
budget for Fiscal Year 2010-2011; and
WHEREAS, the City Manager performed an extensive mid year review, by Resolution
2012-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 2011-2012 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 2011-2012 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.
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#2012-R-25
9
After Motion for approval byuytpp;houw,,AmVd Second by L.l
the vote on this Resolution was as follows:
AYE NAY
Mayor Mike Thomas x
Councilman Justin A. Kennedy
Councilwoman Gigi Bennington X
Councilman Mike Ignasiak
Councilman Gene Emter
PASSED AND DULY ADOPTED this 12th day of November, 2012.
ATTEST:
For the use and reliance only by the City of Edgewater,
Florida. Approved as to form and legality by:
Aaron R. Wolfe, Esquire
City Attorney
Doran, Sims,Wolfe & Kundid
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COUNCIL OF THE
Robin L. Matusick
Paralegal
Approved by the City Council of the City of Edgewater
at a meeting held on this 12a day of November, 2012
under Agenda Item No S 6
#2012-R-25
FINAL SUMMARY OF FUNDS
Exhibit "A"
AMENDED BUDGET ACTUAL FINAL AMENDED BUDGET
REVENUES AND EXPENSES FY 2011-2012 REVENUES EXPENDITURES REVENUES EXPENDITURES REVENUES EXPENDITURES VARIANCE
001-GENERAL $ 11,973,922 $ 11,973,922 $ 10,231,893 $ 11,553,491 $ 11,973,922 $ 11,973,922 $ -
105-ANIMAL SERVICES $ 272,616 $ 272,616 $ 267,828 $ 263,723 $ 272,616 $ 272,616 $ -
113-LAW ENFORCEMENT BLOCK $ 10,034 $ 10,034 $ 5,244 $ 6,040 $ 9,000 $ 9,000 $ (1,034)
115-SPECIAL LAW ENFORCEMENT TRUST $ 68,521 $ 68,521 $ 5,128 $ 31,640 $ 68,521 $ 68,521 $ -
116-TRANSPORTATION IMPACT FEE $ 386,100 $ 386,100 $ 21,915 $ - $ 408,000 $ 408,000 $ 21,900
117-POLICE IMPACT FEE $ 143,641 $ 143,641 $ 2,467 $ - $ 146,000 $ 146,000 $ 2,359
118-FIRE IMPACT FEE $ 11,570 $ 11,570 $ 3,675 $ - $ 12,245 $ 12,245 $ 675
119-RECREATION IMPACT FEE $ 170,000 $ 170,000 $ 6,008 $ - $ 170,000 $ 170,000 $ -
120-SCHOLARSHIP FUND $ 5,500 $ 5,500 $ 5,006 $ 2,046 $ 5,500 $ 5,500 $ -
205-I&S DEBT SERVICE $ 37,531 $ 37,531 $ 33,881 $ 35,188 $ 37,531 $ 37,531 $ -
331-CAPITAL PROJECTS $ 3,480,773 $ 3,480,773 $ 1,550,257 $ 2,515,294 $ 3,000,000 $ 3,000,000 $ (480,773)
440-WATER&SEWER $ 8,231,380 $ 8,231,380 $ 8,702,784 $ 7,735,943 $ 8,750,000 $ 8,750,000 $ 518,620
442-WATER DEVELOPMENT $ 429,386 $ 429,386 $ 20,155 $ - $ 419,541 $ 419,541 $ (9,845)
443-SEWER DEVELOPMENT $ 294,571 $ 294,571 $ 22,824 $ - $ 287,395 $ 287,395 $ (7,176)
444-RENEWAL&REPLACEMENT $ 619,747 $ 619,747 $ 127,254 $ 165,997 $ 619,747 $ 619,747 $ -
445-RATE STABILIZATION $ 1,062,789 $ 1,062,789 $ 500,000 $ 1,000,000 $ 62,789 $ 62,789 $ (1,000,000)
447-REFUSE $ 3,089,978 $ 3,089,978 $ 2,675,375 $ 2,733,323 $ 3,089,978 $ 3,089,978 $ -
448-STORMWATER OPERATING $ 1,672,526 $ 1,672,526 $ 1,297,356 $ 1,176,199 $ 1,672,526 $ 1,672,526 $ -
449-STORMWATER CAPITAL $ 291,415 $ 291,415 $ 311,361 $ 38,531 $ 579,393 $ 579,393 $ 287,978
450-PUBLIC WORKS COMPLEX $ 550,000 $ 550,000 $ 50,000 $ - $ 600,000 $ 600,000 $ 50,000
501-MIS $ 324,317 $ 324,317 $ 313,326 $ 335,407 $ 324,317 $ 324,317 $ -
502-FLEET $ 827,419 $ 827,419 $ 847,373 $ 838,946 $ 850,000 $ 850,000 $ 22,581
503-LOSS $ 376,633 $ 376,633 $ 327,616 $ 360,792 $ 376,633 $ 376,633 $ -
504-FULLY INSURED INSURANCE $ 2,036,951 $ 2,036,951 $ 1,993,129 $ 1,954,980 $ 2,036,951 $ 2,036,951 $ -
505-WORKERS COMPENSATION $ 218,935 $ 218,935 $ 218,935 $ 218,935 $ 218,935 $ 218,935 $ -
TOTAL ALL FUNDS $ 36,586,255 $ 36,586,255 $ 29,540,790 $ 30,966,475 $ 35,991,540 $ 35,991,540 $ (594,715)