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2017-R-20 RESOLUTION 2017-R-20 A RESOLUTION OF THE CITY COUNCIL OF EDGEWATER, FLORIDA, ADOPTING BUDGET ADJUSTMENTS TO THE 2016-2017 FISCAL YEAR BUDGETS AND PROVIDING AN E1414'ECTIVE 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 of Edgewater, by Resolution 2017-R-15, amended the operating budget for Fiscal Year 2016-2017 to allow for the Mid Year Budget;and WHEREAS,the 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 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. R20I7-R-20 Section 2. Effective Date. This Resolution shall become effective immediately upon passage and adoption. After motion to approve was made by s , - �cL.c , i;� X with Second by . The vote on this resolution is as follows: AYE NAY Mayor Michael Ignasiak �r Councilwoman Christine Power �+ Councilwoman Amy Vogt N Councilman Daniel Blazi Councilman Gary Conroy PASSED AND DULY ADOPTED this 5th day of June, 2017. ATTEST: CITY COUNCIL OF THE CITY OF EDGEWATER,FLORIDA LBy: 4 1474017 / .Robin L.Matusick Michael Ignasi 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 5th day and legality by: of June,2017 under Agenda Item No. 81 . Aaron R. Wolfe, Esquire 1 City Attorney Doran, Sims, Wolfe&Ciocchetti 2 #!2017-R-20 EXHIBIT A RESOLUTION 2017-R-20 AMENDED FY 2016 - 2017 BUDGET CURRENT JUNE AMENDED REVENUES AND EXPENSES FY 2016-2017 APPROVED REVENUE EXPENSES VARIANCE 001 -GENERAL FUND S 15,474.343 $ 15.621,186 5 15,621.186 $ 146,843 113-LAW ENFORCEMENT BLOCK $ 3,040 $ 3,040 5 3,040 $ - 114-GRANTS FUND S 257,000 $ 257,000 $ 257,000 $ - 115-SPECIAL LAW ENFORCEMENT TRUST FUND 5 24,000 $ 24,000 5 24,000 5 - 116-TRANSPORTATION IMPACT FEE S 105,200 $ 105,200 $ 105,200 5 117-POLICE IMPACT FEE FUND S 72,504 $ 72,504 $ 72,504 5 - 118-FIRE IMPACT FEE FUND 5 85,015 $ 85,015 $ 85,015 S - 119-RECREATION IMPACT FEE $ 125,146 $ 125,146 $ 125,146 5 - 120-SCHOLARSHIP FUND 5 5,000 $ 5,000 $ 5,000 S - 125-EDGEWATER CRA $ 50,543 $ 50,543 $ 50,543 5 - 205-I&S DEBT SERVICE FUND $ 179,217 $ 2,179,217 $ 2,179,217 5 2,000,000 331 -CAPITAL PROJECTS FUND $ 6.867,945 $ 8,892,945 $ 8,892,945 $ 2,025,000 440-WATER&SEWER $ 10.397,920 5 10,397,920 $ 10.397,920 $ - 442-WATER DEVELOPMENT $ 315,500 $ 315,500 $ 315,500 $ - 443-SEWER DEVELOPMENT $ 426,500 $ 426,500 $ 426,500 $ - 444-RENEWAL& REPLACEMENT $ 2,826,316 $ 2,826,316 $ 2,826,316 $ - 445-WATER&SEWER RATE STABILIZATION $ 1,144,914 $ 1,144,914 $ 1.144,914 $ - 447-REFUSE $ 3,567,596 $ 3,567,596 $ 3,567,596 $ - 448-STORMWATER OPERATING $ 1.637,271 $ 1,637,271 $ 1,637,271 $ - 450-PUBLIC WORKS COMPLEX $ 126,179 $ 495,927 $ 495,927 $ 369,748 501 -MIS $ 627,070 $ 627,070 $ 627,070 $ - 502-FLEET $ 872,880 $ 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 $ 48.425,815 $ 52,967,406 $ 52.967,406 $ 4,541,591 • ma) CO U, as Cr) .0 .0 22 mm a. 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