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2018-R-20 - Final Budget RESOLUTION 2018-R-20 A RESOLUTION OF THE CITY COUNCIL OF EDGEWATER, FLORIDA, ADOPTING THE FINAL GENERAL FUND, ENTERPRISE FUNDS, AND ALL OTHER RELATED FUNDS BUDGETS AND THE CAPITAL IMPROVEMENTS PROGRAM FOR THE FISCAL YEAR 2018-2019; PROVIDING FOR APPROPRIATIONS; PROVIDING SEVERABILITY AND FOR AN EFFECTIVE DATE. WHEREAS,the City Manager of the City of Edgewater has recommended a final annual budget for the next ensuing fiscal year beginning October 1, 2018 and ending September 30, 2019; and WHEREAS,a notice of public hearing on said budget was duly published;and WHEREAS,a public hearing was held on September 10,2018,after having first adopted a tentative millage rats for the City for the Fiscal year 2018-2019, to consider the tentative budget and all persons desiring to voice objection or make comments upon said budget were given an opportunity to do so; and WHEREAS,within five days after due public advertising, a Public Hearing will be held to finalize the budget on September 24,2018;and WHEREAS, a public hearing as required by Florida Statute 200.065 was held on September 24, 2018, after having first adopted a final voted debt service and operating millage rates for the City for the Fiscal year 2018-2019, to consider the final budget and all persons desiring to voice objection or make comments upon said budget were given an opportunity to do so; and WHEREAS, the City of Edgewater, Florida, set forth the appropriations and revenue estimate for the Budget for Fiscal Year 2018-2019 in the amount of$50,542,651. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EDGEWATER,FLORIDA: Section 1: That the City Council of the City of Edgewater, Florida pursuant to the Charter of the City of Edgewater and Chapter 166, Florida Statutes, does hereby adopt the Tentative General, Enterprise and all other related Fund Budgets and Capital Improvements Programs,which are attached hereto and incorporated herein as Exhibit "A" which may later be amended by the City Council. 1 Resolution#2018-R-20 Section 2. If any section, subsection, sentence, clause, phrase or portion of this Resolution is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining portion hereto. Section 3. This Resolution shall become effective immediately upon passage and adoption. After Motion for approval by '^' +*'S^–z9L_'Y�r{� e M-4) and Second by �]t.as�(�i .�yv� (")�}f„ the vote on this Resolution was as follows: AYE NAY Mayor Mike Ignasiak Councilwoman Christine Power Councilwoman Amy Vogt �t— Councilman Megan O'Keefe Councilman Gary Conroy PASSED,APPROVED AND ADOPTED this 24th day of September,2018. ATTEST: CITY COUNCIL OF THE CITY OF/E'D/JG(1EW//A)TER, RIDA Robin L.Matusick Mike Ignasiak City Clerk/Paralegal 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 2¢(h day of September, 2018 - Aaron K Wolfe,Esquire under Agenda Item No. 8 City Attorney Doran,Sims,Wolfe.@ Ciocchetti 2 Resolution#2018-R-20 EXIBIT A PROPOSED FY 2018 - 2019 BUDGET REVENUES AND EXPENSES REVENUE EXPENSES 001 -GENERAL FUND $ 16,794,182 $ 16,794,182 113-LAW ENFORCEMENT BLOCK $ 3,200 $ 3,200 114-GRANTS FUND NON-DEPARTMENTAL $ 13,985 $ 13,985 115-SPECIAL LAW ENFORCEMENT TRUST FUND $ 61,000 $ 81,000 116-TRANSPORTATION IMPACT FEE $ 339,000 $ 339,000 117-POLICE IMPACT FEE FUND $ 79,000 $ 79,000 118-FIRE IMPACT FEE FUNO $ 60,000 $ 60,D00 119-RECREATION IMPACT FEE $ 133,000 $ 133,000 120-SCHOLARSHIP FUND $ 10,DOD $ 10,000 125-EDGEWATER CRA $ 313,336 $ 313,336 205-I&S DEBT SERVICE FUND $ 437,006 $ 437,008 331 -CAPITAL PROJECTS FUND $ 1,892,240 $ 1,892,240 440-WATER&SEWER $ 11,453,714 $ 11,453,714 442-WATER DEVELOPMENT $ 60,000 $ 60,000 443-SEWER DEVELOPMENT $ 65,000 $ 65,000 444-RENEWAL& REPLACEMENT $ 5,667,135 $ 5,667,135 445-WATER&SEWER RATE STABILIZATION $ 1,444,004 $ 1,44,004 447-SOLID WASTE $ 3,722,346 S 3,722,346 446-STORMWATER OPERATING $ 1,76D,675 S 1,760,675 501 -MIS $ 699,977 $ 699,977 502-FLEET $ 1,082,576 $ 1,082,576 503-LOSS FUND S 333,065 $ 333,065 504-FULLY INSURED INSURANCE $ 3,617,552 $ 3,617,552 505-WORKERS COMPENSATION $ 280,656 $ 280,656 TOTAL ALL FUNDS $ 50,542,651 $ 50,542,651