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2018-R-10 - Budget Amendment 2017-2018RESOLUTION 2018-R-10 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 City of Edgewater, by Resolution 2018-R-06, amended the Fiscal Year 2017-2018 budget by revising the 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 2017-2018 budget. NOW, THEREFORE, be it resolved by the City Council of Edgewater, Florida. Section 1. June BudIzet 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. #2018-R-]0 After motion to approve was made by with Second by nom's The vote on this resolution is as follows: Mayor Michael Ignasiak Councilwoman Christine Power Councilwoman Amy Vogt Councilman Daniel Blazi Councilman Gary Conroy AYE NAY PASSED AND DULY ADOPTED this 4th day of June, 2018. ATTEST: Robin L. Matusick City Clerk For the use and reliance only by the City of Edgewater, Florida. Approved as to form and legality by: Aaron R. Wolfe, Esquire City Attorney Doran, Sims, Wolfe & Ciocchetti 2 #2018-R-10 CITY COUNCIL OF THE CITY OF EDGEWATER, FLORIDA r By: MichaelIgnasiak U Mayor Approved by the City Council of the City of Edgewater at a meeting held on this 4th day of June, 2018 under Agenda Item No. 8 1*. EXHIBIT A JUNE AMENDED FY 2017 - 2018 BUDGET REVENUES AND EXPENSES FY 2017 - 2018 001 -GENERAL FUND 113 - LAW ENFORCEMENT BLOCK 114 - GRANTS FUND 115 - SPECIAL LAW ENFORCEMENT TRUST FUND 116 -TRANSPORTATION IMPACT FEE 117 - POLICE IMPACT FEE FUND 118 - FIRE IMPACT FEE FUND 119 - RECREATION IMPACT FEE 120 - SCHOLARSHIP FUND 125 - EDGEWATER CRA 205 - I & S DEBT SERVICE FUND 331 - CAPITAL PROJECTS FUND 440 - WATER & SEWER 442 - WATER DEVELOPMENT 443 - SEWER DEVELOPMENT 444 - RENEWAL & REPLACEMENT 445 - WATER & SEWER RATE STABILIZATION 447 - REFUSE 448 - STORMWATER OPERATING 450 - PUBLIC WORKS COMPLEX 501 - MIS 502 - FLEET 503 - LOSS FUND 504 -FULLY INSURED INSURANCE 505 - WORKERS COMPENSATION TOTAL ALL FUNDS CURRENT JUNE AMENDED APPROVED REVENUE EXPENSES Amendment $ 15,912,746 $ 16,611,577 $ 16,611,577 $ 698,831 $ 4,000 $ 4,000 $ 4,000 $ - $ 71,050 $ 71,050 $ 71,050 $ $ 150,000 $ 150,000 $ 150,000 $ $ 69,000 $ 69,000 $ 69,000 $ $ 40,000 $ 40,000 $ 40,000 $ $ 142,032 $ 142,032 $ 142,032 $ - $ 10,000 $ 10,000 $ 10,000 $ $ 156,809 $ 156,809 $ 156,809 $ - $ 433,057 $ 433,057 $ 433,057 $ - $ 5,149,277 $ 5,788,354 $ 5,788,354 $ 639,077 $ 10,593,169 $ 10,593,169 $ 10,593,169 $ - $ 317,000 $ 317,000 $ 317,000 $ - $ 350,000 $ 350,000 $ 350,000 $ $ 1,511,700 $ 1,511,700 $ 1,511,700 $ $ 1,086,450 $ 1,086,450 $ 1,086,450 $ - $ 3,536,220 $ 3,556,020 $ 3,556,020 $ 19,800 $ 1,727,770 $ 1,727,770 $ 1,727,770 $ - $ 609,959 $ 775,959 $ 775,959 $ 166,000 $ 938,783 $ 938,783 $ 938,783 $ - $ 319,071 $ 319,071 $ 319,071 $ $ 3,497,886 $ 3,497,886 $ 3,497,886 $ $ 379,822 $ 379,822 $ 379,822 $ $ 47,005,801 $ 48,529,509 $ 48,529,509 $ 1,523,708