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2014-R-23 RESOLUTION 2014-R-23 A RESOLUTION OF THE CITY COUNCIL OF EDGEWATER, FLORIDA, ADOPTING FINAL YEAR BUDGET ADJUSTMENTS TO THE 2013-2014 FISCAL YEAR BUDGET AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Edgewater, by Resolution 2014-R-23, adopted an operating budget for Fiscal Year 2013-2014; and WHEREAS, the City Manager performed an extensive yearend review of the revenue and expenditure figures for each fund to compare the current amounts with the amount budgeted; and WHEREAS, the yearend budget adjustments will allow the City of Edgewater to finalize the Fiscal Year 2013-2014 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 2013-2014 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 �, i F . d Second by Ca lodiumo the vote on this Resolution was as follows: Zu-Inttfen AYE NAY Mayor Mike Thomas X Councilwoman Christine Power X Councilwoman Gigi Bennington X Councilman Mike Ignasiak Councilman Gene Emter X PASSED AND DULY ADOPTED this 10th day of November, 2014. ATTEST: CITY COUNCIL OF THE CITY OF EDGEWAT = ', FL I ' ZORMit � /Oa �. Bonnie Wenzel Mike mas City Clerk Mayor C:9 ,6e1r>ci 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 10`h day of November,2014 Aaron R. Wolfe,Esquire under Agenda Items No. 8 . City Attorney Doran, Sims,Wolfe,Kundid, Ciocchetti&Wagner FINAL ADOPTED FY 2013 -2014 BUDGET Exhibit "A" AMENDED BUDGET ACTUAL* FINAL AMENDED BUDGET REVENUES AND EXPENSES FY 2013-1 REVENUES EXPENDITURES REVENUES EXPENDITURES REVENUES EXPENDITURES VARIANCE 001-GENERAL $ 13,275,382 $ 13,275,382 $ 13,151,421 $ 12,593,756 $ 13,275,382 $ 13,275,382 $ - 113-LAW ENFORCEMENT BLOCK $ 3,356 $ 3,356 $ 3,356 $ 3,356 $ 3,356 $ 3,356 $ - 114-GRANTS FUND $ 224,000 $ 224,000 $ 71,328 $ 71,327 $ 75,000 $ 75,000 $ (149,000) 115-SPECIAL LAW ENFORCEMENT TRUST $ 18,000 $ 18,000 $ 6,397 $ 10,284 $ 12,102 $ 12,102 $ (5,898) 116-TRANSPORTATION IMPACT FEE $ 301,188 $ 301,188 $ 64,131 $ 8,943 $ 402,477 $ 402,477 $ 101,289 117-POLICE IMPACT FEE $ 151,000 $ 151,000 $ 5,748 $ 83,081 $ 154,380 $ 154,380 $ 3,380 118-FIRE IMPACT FEE $ 21,750 $ 21,750 $ 10,209 $ - $ 37,646 $ 37,646 $ 15,896 119-RECREATION IMPACT FEE $ 61,272 $ 61,272 $ 22,248 $ 61,272 $ 71,154 $ 71,154 $ 9,882 120-SCHOLARSHIP FUND $ 8,500 $ 8,500 $ 3,208 $ 4,246 $ 7,184 $ 7,184 $ (1,316) 205-I&S DEBT SERVICE $ 418,946 $ 418,946 $ 34,539 $ 33,650 $ 37,151 $ 37,151 $ (381,795) 331-CAPITAL PROJECTS $ 747,643 $ 747,643 $ 717,361 $ 435,648 $ 747,643 $ 747,643 $ - 440-WATER&SEWER $ 9,066,019 $ 9,066,019 $ 8,808,696 $ 8,730,615 $ 9,066,019 $ 9,066,019 $ - 442-WATER DEVELOPMENT $ 430,000 $ 430,000 $ 53,695 $ 265,000 $ 430,000 $ 430,000 $ - 443-SEWER DEVELOPMENT $ 295,000 $ 295,000 $ 58,714 $ 47,787 $ 295,000 $ 295,000 $ - 444-RENEWAL&REPLACEMENT $ 1,381,991 $ 1,381,991 $ 2,310,887 $ 1,282,751 $ 2,350,000 $ 2,350,000 $ 968,009 445-RATE STABILIZATION $ 62,789 $ 62,789 $ 126,709 $ - $ 130,000 $ 130,000 $ 67,211 447-REFUSE $ 2,832,379 $ 2,832,379 $ 2,704,455 $ 2,749,708 $ 2,832,379 $ 2,832,379 $ - 448-STORMWATER OPERATING $ 2,197,030 $ 2,197,030 $ 1,771,531 $ 1,878,808 $ 2,197,030 $ 2,197,030 $ - 449-STORMWATER CAPITAL $ 839,560 $ 839,560 $ 480,001 $ 56,546 $ 2,082,788 $ 2,082,788 $ 1,243,228 450-PUBLIC WORKS COMPLEX $ 950,000 $ 950,000 $ 119 $ 95,939 $ 600,000 $ 600,000 $ (350,000) 501-MIS $ 569,456 $ 569,456 $ 552,783 $ 512,086 $ 569,456 $ 569,456 $ - 502-FLEET $ 907,661 $ 907,661 $ 986,189 $ 947,646 $ 1,000,000 $ 1,000,000 $ 92,339 503-LOSS $ 322,795 $ 322,795 $ 322,799 $ 322,469 $ 322,795 $ 322,795 $ - 504-FULLY INSURED INSURANCE $ 2,085,837 $ 2,085,837 $ 1,989,038 $ 2,006,644 $ 2,085,837 $ 2,085,837 $ - 505-WORKERS COMPENSATION $ 251,151 $ 251,151 $ 192,951 $ 251,151 $ 251,151 $ 251,151 $ - TOTALALLFUNDS $ 37,422,705 $ 37,422,705 $ 34,448,513 $ 32,452,713 $ 39,035,930 $ 39,035,930 $ 1,613,225 *Unaudited