2017-R-15 RESOLUTION 2017-R-15
A RESOLUTION OF THE CITY COUNCIL OF
EDGEWATER, FLORIDA, ADOPTING MID YEAR YEAR
BUDGET ADJUSTMENTS TO THE 2016-2017 FISCAL
YEAR BUDGETS AND PROVIDING AN EFFECTIVE
DATE.
WHEREAS, the City of Edgewater, by Resolution 2016-R-29, adopted an operating
budget for Fiscal Year 2016-2017; and
WHEREAS, the City of Edgewater, by Resolution 2016-R-43, amended the adopted
operating budget for Fiscal Year 2016-2017 as a result of Hurricane Matthew; and
WHEREAS, the City of Edgewater, by Resolution 2017-R-14, amended the operating
budget for Fiscal Year 2016-2017 to allow for the use of Charter Reserves;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
pursuant to itemizations contained in Exhibit "A" which is attached hereto and incorporated
herein;and
WHEREAS, the midyear budget adjustments will allow the City of Edgewater to adjust
the Fiscal Year 2016-2017 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 2016-2017 budget by revising the budget in total pursuant to itemizations
contained in Exhibit"A"which is attached hereto and incorporated herein.
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Section 2. Effective Date. This Resolution shall become effective immediately upon
passage and adoption. After motion to approve was made by
• _ !i_ •_ __. k with Second by
4
- c` t-�rc,lar\ . The vote on this resolution is as follows:
AYE NAY
Mayor Michael Ignasiak N
Councilwoman Christine Power \N,
Councilwoman Amy Vogt
Councilman Daniel Blazi
Councilman Gary Conroy
PASSED AND DULY ADOPTED this 1st day of May, 2017.
ATTEST: CITY COUNCIL OF THE
CITY OF EDGEWATER, FLORIDA
C ,JNt Air, By: /1/C4r--/ce-A s-)
:76
Robin L. Matusick Michael Ignasiak
City Clerk Mayor
For the use and reliance only by the City of Approved by the City Council of the City of
Edgewater, Florida. Approved as to form Edgewater at a meeting held on this 151 day
and legality by: of May, 2017 under Agenda Item No. 8 8.
Aaron R. Wolfe, Esquire
City Attorney
Doran,Sims, Wolfe&Ciocchetti
2
#2017-R-15
MID YEAR AMENDED FY 2016 - 2017 BUDGET
CURRENT MID-YEAR AMENDED
REVENUES AND EXPENSES FY 2016-2017 APPROVED REVENUE EXPENSES VARIANCE
001 -GENERAL FUND $ 15,054,648 $ 15.474,343 S 15,474.343 $ 419,695
113-LAW ENFORCEMENT BLOCK $ 2,750 $ 3,040 $ 3,040 $ 290
114-GRANTS FUND $ 257,000 5 257,000 $ 257,000 $ -
115-SPECIAL LAW ENFORCEMENT TRUST FUND $ 24,000 5 24.000 $ 24,000 5 -
116-TRANSPORTATION IMPACT FEE $ 105,200 5 105.200 $ 105,200 S -
117-POLICE IMPACT FEE FUND $ 72,504 $ 72,504 $ 72,504 5 -
118-FIRE IMPACT FEE FUND $ 85,015 $ 85,015 $ 85,015 5 -
119-RECREATION IMPACT FEE $ 125,146 $ 125,146 $ 125,146 $ -
120-SCHOLARSHIP FUND $ 5.000 $ 5,000 $ 5,000 $ -
125-EDGEWATER CRA 5 51.242 $ 50,543 $ 50,543 $ (699)
205-I&S DEBT SERVICE FUND 5 179.217 $ 179,217 $ 179,217 $ -
331 -CAPITAL PROJECTS FUND 5 6,463,382 $ 6.867,945 $ 6,867,945 $ 404.563
440-WATER&SEWER $ 10,397,920 $ 10.397,920 5 10,397,920 $ -
442-WATER DEVELOPMENT $ 315,500 $ 315,500 S 315.500 $ -
443-SEWER DEVELOPMENT $ 426,500 $ 426,500 5 426.500 $ -
444-RENEWAL&REPLACEMENT $ 2,826,316 $ 2,826,316 5 2,826,316 $ -
445-WATER&SEWER RATE STABILIZATION $ 1.144,914 $ 1,144,914 $ 1,144,914 $ -
447-REFUSE $ 3,567,596 5 3,567,596 $ 3,567,596 $ -
448-STORM WATER OPERATING $ 1,637,271 5 1,637,271 $ 1.637,271 $ -
450-PUBLIC WORKS COMPLEX $ 126,179 S 126.179 $ 126,179 $ -
501 -MIS $ 547,070 5 627,070 $ 627,070 $ 80,000
502-FLEET $ 872,880 5 872.880 $ 872,880 $ -
503-LOSS FUND $ 310,086 $ 310.086 $ 310,086 $ -
504-FULLY INSURED INSURANCE $ 2,584,630 $ 2,584.630 $ 2,584,630 $ -
505-WORKERS COMPENSATION $ 340,000 $ 340,000 $ 340,000 $ -
TOTAL ALL FUNDS $ 47,521,966 $ 48,425,815 $ 48,425,815 $ 903.849