2018-R-06 - Mid-Year Budget 2017-2018 RESOLUTION 2018-R-06
A RESOLUTION OF THE CITY COUNCIL OF
EDGEWATER, FLORIDA, ADOPTING BUDGET
ADJUSTMENTS TO THE 2017-2018 FISCAL YEAR
BUDGETS AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City of Edgewater, by Resolution 2017-R-28, adopted an operating
budget for Fiscal Year 2017-2018; 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 2017-2018 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 2017-2018 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 to approve was made by
with Second by
. The vote on this resolution is as follows:
AYE NAY
Mayor Michael Ignasiak N
Councilwoman Christine Power
Councilwoman Amy Vogt N
Councilman Daniel Blazi �.
Councilman Gary Conroy
1
#2018-R-06
PASSED AND DULY ADOPTED this 7th day of May,2018.
ATTEST: CITY COUNCIL OF THE
CITY OF EDGEWATER, FLORIDA
By /k:4,
Jb21
.
Robin L.Matusick Michael Ign• ak
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 7th day
and legality by: of May,2018 under Agenda Item No. 8 6.
Aaron R. Wolfe, Esquire
City Attorney
Doran, Sims,Wolfe&Ciocchetti
2
#2018-R-06
EXHIBIT A
MID YEAR AMENDED FY 2017 - 2018 BUDGET
CURRENT MAY AMENDED
REVENUES AND EXPENSES FY 2017-2018 APPROVED REVENUE EXPENSES VARIANCE
001 -GENERAL FUND $ 14,934,263 $ 15,912,746 $ 15.912,746 S 978,483
113-LAW ENFORCEMENT BLOCK $ 4,000 $ 4.000 $ 4,000 5 -
114-GRANTS FUND $ - $ - $ $
115-SPECIAL LAW ENFORCEMENT TRUST FUND $ 71.000 $ 71,050 $ 71,050 $ 50
116-TRANSPORTATION IMPACT FEE S 150,000 $ 150,000 $ 150,000 $ -
117-POLICE IMPACT FEE FUND 5 180,000 $ 69,000 $ 69.000 $ (111,000)
118-FIRE IMPACT FEE FUND $ 40,000 $ 40,000 S 40,000 $ -
119-RECREATION IMPACT FEE $ 130,000 S 142,032 $ 142,032 $ 12,032
120-SCHOLARSHIP FUND $ 10,000 S 10,000 $ 10,000 5 -
125-EDGEWATER CRA $ 156,809 $ 156,809 $ 156,809 5 -
205-I&S DEBT SERVICE FUND $ 433,057 $ 433,057 $ 433,057 $ -
331 -CAPITAL PROJECTS FUND $ 1,230,436 $ 5,149,277 $ 5,149,277 $ 3,918,841
440-WATER&SEWER S 10,588,809 $ 10,593,169 $ 10,593,169 $ 4.360
442-WATER DEVELOPMENT 5 317.000 $ 317,000 $ 317,000 $ -
443-SEWER DEVELOPMENT $ 350.000 $ 350,000 5 350,000 $ -
444-RENEWAL& REPLACEMENT $ 1.511,700 $ 1,511,700 5 1,511,700 $ -
445-WATER&SEWER RATE STABILIZATION $ 1.086,450 $ 1,086,450 $ 1,086.450 $ -
447-REFUSE $ 3,536,220 5 3,536,220 $ 3.536.220 $ -
448-STORMWATER OPERATING $ 1,722,632 $ 1,727,770 $ 1.727,770 $ 5,138
450-PUBLIC WORKS COMPLEX $ - $ - $ - S
501 -MIS $ 564,279 $ 609.959 $ 609,959 S 45,680
502-FLEET $ 938,783 $ 938,783 $ 938,783 $ -
503-LOSS FUND 5 319,071 $ 319,071 $ 319,071 $ -
504-FULLY INSURED INSURANCE S 3,497,886 $ 3.497,886 $ 3,497,886 $ -
505-WORKERS COMPENSATION 5 379.822 $ 379,822 S 379,822 $ -
TOTAL ALL FUNDS $ 42,152.217 $ 47.005,801 $ 47,005,801 $ 4.853,584