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2013-R-25 RESOLUTION 2013-R-25 A RESOLUTION OF THE CITY COUNCIL OF EDGEWATER, FLORIDA, ADOPTING FINAL YEAR BUDGET ADJUSTMENTS TO THE 2012-2013 FISCAL YEAR BUDGET ANI) PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Edgewater, by Resolution 2012-R-21, adopted an operating budget for Fiscal Year 2012-2013; 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 2012-2013 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 2012-2013 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 Cb nt r and Second by _ A , the vote on this Resolution was as follows: AYE NAY Mayor Mike Thomas EXe_USLb Councilman Christine Power Councilwoman Gigi Bennington Councilman Mike Ignasiak Councilman Gene Emter PASSED AND DULY ADOPTED this 4th day of November, 2013. ATTEST: CITY COUNCIL OF THE CITY OF EDGEWATE' FLORIDA By: �/`� �NACi' Bonnie Wenzel Mike Ignasi.., City Clerk Vice—Mayor Robin L. Matusick Paralegal For the use and reliance only by the city of Edgewater, Approved by the City Council of the City of Edgewater Florida. Approved as to form and legality by: at a meeting held on this 4th day of November,2013 Aaron R.Wolfe,Esquire under Agenda Items No. 8 C . City Attorney Doran, Sims, Wolfe&Kundid FINAL ADOPTED FY 2012 -2013 BUDGET Exhibit"A" AMENDED BUDGET ACTUAL* FINAL AMENDED BUDGET REVENUES AND EXPENSES FY 2012-13 REVENUES EXPENDITURES REVENUES EXPENDITURES REVENUES EXPENDITURES VARIANCE 001-GENERAL $ 12,335,302 $ 12,335,302 $ 10,591,238 $ 12,301,290 $ 12,335,302 $ 12,335,302 $ - 113-LAW ENFORCEMENT BLOCK $ 5,000 $ 5,000 $ 3,303 $ 3,291 $ 5,000 $ 5,000 $ - 115-SPECIAL LAW ENFORCEMENT TRUST $ 52,500 $ 52,500 $ 1,202 $ 37,505 $ 52,500 $ 52,500 $ - 116-TRANSPORTATION IMPACT FEE $ 270,500 $ 270,500 $ 26,807 $ - $ 288,000 $ 288,000 $ 17,500 117-POLICE IMPACT FEE $ 147,500 $ 147,500 $ 2,527 $ 61,131 $ 150,000 $ 150,000 $ 2,500 118-FIRE IMPACT FEE $ 16,500 $ 16,500 $ 4,984 $ - $ 18,000 $ 18,000 $ 1,500 119-RECREATION IMPACT FEE $ 145,000 $ 145,000 $ 9,874 $ 130,000 $ 145,000 $ 145,000 $ - 120-SCHOLARSHIP FUND $ 8,250 $ 8,250 $ 4,858 $ 4,238 $ 8,250 $ 8,250 $ - 205-I&S DEBT SERVICE $ 35,483 $ 35,483 $ 35,056 $ 34,419 $ 35,483 $ 35,483 $ - 331-CAPITAL PROJECTS $ 751,699 $ 751,699 $ 1,085,511 $ 1,231,478 $ 1,300,000 $ 1,300,000 $ 548,301 440-WATER&SEWER $ 8,207,400 $ 8,207,400 $ 8,344,600 $ 7,774,583 $ 8,350,000 $ 8,350,000 $ 142,600 442-WATER DEVELOPMENT $ 433,200 $ 433,200 $ 31,887 $ 75,000 $ 433,200 $ 433,200 $ - 443-SEWER DEVELOPMENT $ 299,858 $ 299,858 $ 30,177 $ 75,000 $ 299,858 $ 299,858 $ - 444-RENEWAL&REPLACEMENT $ 7,339,776 $ 7,339,776 $ 4,903,042 $ 7,178,929 $ 7,339,776 $ 7,339,776 $ - 445-RATE STABILIZATION $ 62,789 $ 62,789 $ - $ - $ 250,000 $ 250,000 $ 187,211 447-REFUSE $ 3,012,390 $ 3,012,390 $ 2,689,050 $ 2,609,937 $ 3,012,390 $ 3,012,390 $ - 448-STORMWATER OPERATING $ 1,655,030 $ 1,655,030 $ 1,296,283 $ 1,492,912 $ 1,655,030 $ 1,655,030 $ - 449-STORMWATER CAPITAL $ 775,500 $ 775,500 $ 595,500 $ 65,070 $ 1,020,043 $ 1,020,043 $ 244.543 450-PUBLIC WORKS COMPLEX $ 958,853 $ 958,853 $ - $ 124,890 $ 958,853 $ 958,853 $ - 501-MIS $ 476,198 $ 476,198 $ 474,461 $ 468,084 $ 495,000 $ 495,000 $ 18,802 502-FLEET $ 830,803 $ 830,803 $ 821,671 $ 841,293 $ 877,672 $ 877,672 $ 46,869 503-LOSS $ 382,506 $ 382,506 $ 371,707 $ 357,027 $ 382,506 $ 382,506 $ - 504-FULLY INSURED INSURANCE $ 2,268,245 $ 2,268,245 $ 2,016,247 $ 2,130,144 $ 2.268,245 $ 2,268.245 $ - 505-WORKERS COMPENSATION $ 300,000 $ 300,000 $ 188,734 $ 247,881 $ 300,000 $ 300,000 $ - TOTAL ALL FUNDS $ 40,770,282 $ 40,770,282 $ 33,528,719 $ 37,244,102 $ 41,980,108 $ 41,980,108 $ 1,209,826 'Unaudited