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2015-R-35 RESOLUTION 2015-R-35 A RESOLUTION OF THE CITY COUNCIL OF EDGEWATER, FLORIDA, ADOPTING FINAL YEAR BUDGET ADJUSTMENTS TO THE 2014-2015 FISCAL YEAR BUDGET AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Edgewater, by Resolution 2014-R-15, adopted an operating budget for Fiscal Year 2014-2015; 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 2014-2015 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 2014-2015 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. 1 #2015-R-35 After Motion for approval by y }-c:,-N and Second by the vote on this Resolution was as follows: AVE NAY Mayor Mike Ignasiak Councilwoman Christine Power • Councilwoman Gigi Bennington Councilman Gary Conroy Councilman Mike Blazi �. PASSED AND DULY ADOPTED this 16`h day of November, 2015. ATTEST: CITY COUNCIL OF THE CITY OF EDGEWATER, FLORIDA Add_ B No' Robin L.Matusick 1 Mike Ignasiak Interim City Clerk Mayor 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 16th day of November,2015 Aaron R.Wolfe,Esquire under Agenda Items No. 8 . City Attorney J Doran,Sims,Wolfe&Ciocchetti 2 #2015-R-35 • EXHIBIT 'A" FINAL YEAR END FY 2014 - 2015 BUDGET ORIGINAL MID YEAR YEAR END Variance BUDGET APPROVED PROPOSED 001 -GENERAL FUND $ 12,799,644 $ 13,047.515 $ 13,458,409 $ 410.894 113-LAW ENFORCEMENT BLOCK $ 10.800 $ 10.800 $ 10,800 $ - 114-GRANTS FUND $ 400.000 $ 528.673 $ 300,000 $ (228.673) 115-SPECIAL LAW ENFORCEMENT TRUST FUND $ 5.000 S 5,749 $ 13,500 $ 7,751 116-TRANSPORTATION IMPACT FEE $ 335.000 $ 373,457 $ 373,457 $ - 117-POLICE IMPACT FEE FUND $ 74,000 S 83,322 $ 83,322 $ - 118-FIRE IMPACT FEE FUND $ 27,500 S 34,948 $ 34,948 $ - 119-RECREATION IMPACT FEE $ 35,000 S 34,892 $ 45,000 $ 10,108 120-SCHOLARSHIP FUND $ 7,500 $ 8,438 $ 8,438 $ - 125-EDGEWATER CRA S - $ - $ - $ - 205-I&S DEBT SERVICE FUND $ 32,896 S 35,518 $ 35,518 $ - 331 -CAPITAL PROJECTS FUND $ 2,897,652 S 3,048,304 $ 2,500,000 $ (548,304) 440-WATER&SEWER $ 9,547,978 S 9,947,978 $ 9,947,978 $ - 442-WATER DEVELOPMENT $ 230,000 $ 229,682 $ 261,682 $ 32,000 443-SEWER DEVELOPMENT $ 280,000 $ 326,771 $ 375,000 $ 48,229 444-RENEWAL& REPLACEMENT $ 1,250,000 S 1,436,710 $ 1,436,710 $ - 445-WATER&SEWER STABILIZATION S 212,789 $ 515,064 $ 515,064 $ - 447-REFUSE $ 2.866,544 S 2,909,639 $ 2,909,639 $ - 448-STORMWATER OPERATING $ 1.305,380 S 1,362,365 $ 1,362,365 $ - 449-STORMWATER CAPITAL S 906,710 $ 906,710 $ 590,710 $ (316,000) 450-PUBLIC WORKS COMPLEX S 604,763 S 1,240,000 $ 1,240,000 $ - 501 -MIS S 540,374 $ 550,971 $ 665,000 $ 114,029 502-FLEET S 994,454 S 1,014,674 $ 1,014,674 $ - 503-LOSS FUND S 334,844 $ 334,844 $ 334,844 $ - 504-FULLY INSURED INSURANCE $ 2.398,192 S 2,398,192 $ 2,398,192 $ - 505-WORKERS COMPENSATION S 282,185 $ 282,185 $ 282,185 $ - TOTAL ALL FUNDS $ 38.379,205 S 40,667,401 $ 40,197,435 $ (469,966)