Loading...
2014-R-13 RESOLUTION NO. 2014-R-13 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EDGEWATER, FLORIDA; ADOPTING MID YEAR BUDGET ADJUSTMENTS TO THE 2013-2014 FISCAL YEAR BUDGETS AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Edgewater, by Resolution 2013-R-23, adopted an operating budget for Fiscal Year 2013-2014; 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 increase revenues and expenditures in total by $1,097,154; and WHEREAS, the midyear budget adjustments will allow the City of Edgewater to adjust the Fiscal Year 2013-2014 budget. NOW, THEREFORE,be it resolved by the City Council of Edgewater, Florida: Section 1. Midyear Budget Adjustment: The City Council of the City of Edgewater amends the Fiscal Year 2013-2014 budget by revising the budget in total to $37,379,242 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. 2014-R-13 1 After a motion to approve was made by Councilwoman Power with Second by Councilman Ignasiak the vote on this resolution held on June 2, 2014 was as follows: AYE NAY Mayor Mike Thomas X Councilwoman Christine Power X Councilwoman Gigi Bennington X Councilman Mike Ignasiak X Councilman Gene Emter X PASSED AND DULY ADOPTED this 2nd day of June, 2014. ATTEST: CITY COUNCIL OF THE CITY OF ED \ATER, F ORIDA Bi: Bonni :Wenzel Mike as �t�'Clerk 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 2nd day of June,2014 under Aaron R. Wolfe,Esquire Agenda Item No 8b. City Attorney Doran, Sims,Wolfe,Kundid, Ciocchetti& Wagner 2014-R-13 2 MID YEAR AMENDED FY 2013 - 2014 BUDGET REVENUES AND EXPENSES FY 2013 -2014 REVENUES EXPENDITURES VARIANCE UNRESERVED 001 -GENERAL FUND $ 13,241,922 $ 13,241,922 $ - $ 125,679 113- LAW ENFORCEMENT BLOCK $ 3,356 $ 3,356 $ - 114-GRANTS FUND $ 224,000 $ 224,000 $ - 115-SPECIAL LAW ENFORCEMENT TRUST FUND $ 18,000 $ 18,000 $ - 116-TRANSPORTATION IMPACT FEE $ 301,188 $ 301,188 $ - 117- POLICE IMPACT FEE FUND $ 151,000 $ 151,000 $ - 118- FIRE IMPACT FEE FUND $ 21,750 $ 21,750 $ - 119- RECREATION IMPACT FEE $ 61,272 $ 61,272 $ - 120-SCHOLARSHIP FUND $ 8,500 $ 8,500 $ - 205- I & S DEBT SERVICE FUND $ 418,946 $ 418,946 $ - 331 -CAPITAL PROJECTS FUND $ 747,643 $ 747,643 $ - 440-WATER&SEWER $ 9,066,019 $ 9,066,019 $ - $ (27,720) 442-WATER DEVELOPMENT $ 430,000 $ 430,000 $ - 443- SEWER DEVELOPMENT $ 295,000 $ 295,000 $ - $ (22,787) 444- RENEWAL& REPLACEMENT $ 1,381,991 $ 1,381,991 $ - 445-WATER&SEWER RATE STABILIZATION $ 62,789 $ 62,789 $ - 447- REFUSE $ 2,832,379 $ 2,832,379 $ - 448-STORMWATER OPERATING $ 2,197,030 $ 2,197,030 $ - 449-STORMWATER CAPITAL $ 839,560 $ 839,560 $ - 450- PUBLIC WORKS COMPLEX $ 950,000 $ 950,000 $ - 501 - MIS $ 559,453 $ 559,453 $ - 502- FLEET $ 907,661 $ 907,661 $ - 503- LOSS FUND $ 322,795 $ 322,795 $ - 504- FULLY INSURED INSURANCE $ 2,085,837 $ 2,085,837 $ - 505-WORKERS COMPENSATION $ 251,151 $ 251,151 $ - TOTAL ALL FUNDS $ 37,379,242 $ 37,379,242 $ - FY13-14 REQUESTED MID YEAR ADJUSTMENTS REVENUES AND EXPENSES CHANGES FY 2013 -2014 REVENUES 001 -GENERAL FUND $ 13,141,722 001-0000-313-10.10 Franchise Fees (20,000) 001-0000-314-10.10 Utility Tax 100,000 001-0000-314-10.15 Recording Fees 2,000 001-0000-342-60.20 Transport EMS (80,000) 001-0000-347-21.10 Baseball (9,000) 001-0000-349-45.01 Economic Dev 20,000 001-0000-361-10.10 Interest 20,000 001-0000-361-11.10 Investment Returns 10,000 001-0000-364-42.10 Insurance Proceeds 40,000 001-0000-369-90.10 Misc 17,200 $ 13,241,922 EXPENDITURES 001 -GENERAL FUND $ 13,141,722 001-1240-512-12.10 Salaries (20,000) 001-1240-512-22.10 Pension (31,359) 001-1240-512-22.20 DOSE 1,000 001-1240-512-48.10 Promotional 1,000 001-1240-512-51-10 Office Supplies 1,000 001-1240-512-52.10 Operating 2,000 001-1300-513-12.10 Salaries 7,900 001-1300-513-22.10 Pension (27,720) 001-1300-513-22.20 DOSE 1,300 001-1300-513-52.10 Operating 1,500 001-1510-515-31.10 Professional (15,000) 001-1530-515-12.10 Salaries 15,000 001-2110-515-12.10 Salaries (5,000) 001-2110-515-22.10 Pension (10,000) 001-2110-515-40.10 Travel 800 001-2110-515-46.10 Repair 200 001-2110-515-51-10 Office Supplies 1,000 001-2120-521-12.10 Salaries (25,000) 001-2120-521-22.10 Pension (75,000) 001-2120-521-40.10 Travel 1,500 001-2120-521-46.10 Repairs 6,500 001-2120-521-52.30 Unforms (10,000) 001-2220-522-12.10 Salaries (80,000) 001-2220-522-23.20 Group Medical (8,150) 001-2220-522-34.10 Contractual 8,150 001-2230-522-12.10 Salaries (20,000) 001-2230-522-22.10 Pensions (5,394) 001-2230-522-22.20 DCSE 500 001-2230-522-31.10 Professional (2,500) 001-5555-580-46.10 Repairs 25,000 001-5555-580-22.10 Pensions 31,359 001-5555-580-52.10 Operating Supplies 8,000 001-5555-580-63.10 Capital Improve 4,412 001-5555-580-64.20 Motor Vehicles Fire Engine equipment 2,598 Police Interceptor 36,700 Police Interceptor 36,700 CID Admin 27,104 001-5555-581-03.31 Hawks Park Exp 15,000 001-5555-581-05.01 Transfer to IT 73,421 001-5555-589-10.01 Current Year UnReserved 125,679 $ 13,241,922 FY13-14 REQUESTED MID YEAR ADJUSTMENTS REVENUES AND EXPENSES CHANGES FY 2013 -2014 REVENUES 331 - General Construction $ 684,873 331-0000-381.10-01 Transfer from General Fund Flagler Ave Sidewalks (25,000) Kennedy Seawall (15,000) US 1. Landscaping 40,000 Hawks Park Exp 15,000 15,000 331-0000-381-01.16 Transfer from Sidewalk Fund Cemetary Sidewalk 35,770 331-0000-381-01.19 Transfer from Rec Impact Fee Hawks Park Exp 12,000 $ 747,643 Expenditures 331 -General Construction 684,873 331-5555-580-66.10 Infrastructure Flagler Ave Sidewalks (25,000) Kennedy Seawall (15,000) US 1. Landscaping 40,000 Cemetary Sidewalk 35,770 Hawks Park Exp 27,000 62,770 $ 747,643 Expenditures 116 -Transportation Impact Fees $ 301,188 116-5555-581-03.31 Transfer to 331 Cemetary Sidewalk 35,770 116-5555-589-10.01 Current Year Reserve (35,770) 301,188 Revenue 119 - Recreation Impact Fee $ 60,000 119-0000-363-60.10 Impact Fees 1,272 $ 61,272 Expenditures 119 - Recreation Impact Fee $ 60,000 119-5555-581-03.31 Transfer to 331 Hawks Park Expansion 12,000 119-5555-589-10.01 Current Year Reserve (10,728) 61,272 FY13-14 REQUESTED MID YEAR ADJUSTMENTS REVENUES AND EXPENSES CHANGES FY 2013 - 2014 Expenditures 440 -Water& Sewer $ 9,066,019 440-4040-535-34.10 Other Contracted 125,000 440-4040-535-46.10 Repair and Maintenance (125,000) 440-5555-580-22.10 Pensions 27,720 440-5555-589-10.01 Current Year Unreserved (27,720) $ 9,066,019 Expenditures 443-Sewer Development Fees $ 295,000 443-5555-581-04.44 Transfer to R&R 22,787 443-5555-589-10.01 Current Year Unreserved (22,787) $ 295,000 Revenes 444-Water& Sewer R&R $ 522,500 444-0000-384-01.00 SRF Proceeds 836,704 444-0000-381-04.43 Sewer Development Fees 22,787 $ 1,381,991 Expenditures 444-Water& Sewer R&R $ 522,500 444-5555-580-63.40 Projection Construction (Reduced by$80,424) 319,243 444-5555-580-63.41 Project Engineering 259,920 444-5555-580-63.42 Direct Material Purchase 257,541 444-5555-580-64.10 Machinery Chemical Feed Pumps (22,500) Sludge Roof 15,565 Water line improvements (13,065) Water Plant Roof over 18,000 Lab Equipment 24,787 22,787 $ 1,381,991 FY13-14 REQUESTED MID YEAR ADJUSTMENTS REVENUES AND EXPENSES CHANGES FY 2013 -2014 501 - Information Technology $ 486,032 501-0000-381-10.01 General Fund Transfer 73,421 $ 559,453 Expenditures 501 - Information Technology $ 486,032 501-1302-513-12.10 Salaries 14,808 501-1302-513-21.10 FICA/Medicare 3,000 501-1302-513-22.20 DOSE 5,500 501-1302-513-23.20 Group Medical 3,664 501-1302-513-34.10 Professional Services 46,449 501-1302-513-46.20 Repair 4,000 501-1302-513-52.10 Operating (4,000) $ 559,453