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2019-R-18 - Final Budget RESOLUTION 2019-R-18 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 2019-2020; 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, 2019 and ending September 30, 2020; and WHEREAS,a notice of public hearing on said budget was duly published; and WHEREAS, a public hearing was held on September 9, 2019, after having first adopted a tentative millage rate for the City for the Fiscal year 2019-2020, 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 23,2019; and WHEREAS, a public hearing as required by Florida Statute 200.065 was held on September 23, 2019, after having first adopted a final voted debt service and operating millage rates for the City for the Fiscal year 2019-2020, to consider the final budget and all persons desiring to voice objection or make continents 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 2019-2020 in the amount of$54,882,462. 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 a0 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#,'fop.q. +g 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 e4.7Y.1.1 Ltx Yc �,__.�E;er and Second by ifWhD LZcc, �a�v the vote on this Resolution was as follows: AYE NAY Mayor Mike Thomas Councilwoman Christine Power Councilwoman Kimberly Yaney Councilman Megan O'Keefe N14 Councilman Gary Conroy PASSED,APPROVED AND ADOPTED this 23`a day of September,2019. ATTEST: CITY COUNCIL OF THE Y ,F A RobinL. Matusick -City CreTk(Paralegal jFor the use and reliance only by the City of Edgewater, Approved by the City Comwil of the City of Edgewater Florida. Approved as to form and legality by: at a meeting held on this 23b day of September, 2019 Aaron R.Wolfe,Esquire under Agenda Item No.ll e_ City Attorney Doran,Sims,Wolfe&Ciocchetti 2 Resolution#20)QAP,.Ig EXIBIT A PROPOSED FY 2019 - 2020 BUDGET REVENUES AND EXPENSES REVENUE EXPENSES 001 -GENERAL FUND $ 18,568,741 $ 18,568,741 113- LAW ENFORCEMENT BLOCK $ 2,000 $ 2,000 114 -GRANTS FUND NON-DEPARTMENTAL $ 13,914 $ 13,914 115-SPECIAL LAW ENFORCEMENT TRUST FUND $ 81,578 $ 81,578 116-TRANSPORTATION IMPACT FEE $ 265,000 $ 265,000 117 -POLICE IMPACT FEE FUND $ 34,000 $ 34,000 118 -FIRE IMPACT FEE FUND $ 83,428 $ 83,428 119 -RECREATION IMPACT FEE $ 158,527 $ 158,527 120 -SCHOLARSHIP FUND $ 11,000 $ 11,000 122 -TREE MITIGATION FUND $ 100,344 $ 100,344 125-EDGEWATER CRA $ 517,760 $ 517,760 205-1 &S DEBT SERVICE FUND $ 433,940 $ 433,940 331 -CAPITAL PROJECTS FUND $ 454,768 $ 454,768 440 -WATER& SEWER $ 13,296,835 $ 13,296,835 442 -WATER DEVELOPMENT $ 100,000 $ 100,000 443 -SEWER DEVELOPMENT $ 65,000 $ 65,000 444- RENEWAL& REPLACEMENT $ 3,060,675 $ 3,060,675 445-WATER& SEWER RATE STABILIZATION $ 1,000,000 $ 1,000,000 447-SOLID WASTE $ 6,429,848 $ 6,429,848 448 - STORMWATER OPERATING $ 2,159,782 5 2,159,762 450 - PUBLIC WORKS COMPLEX $ 1,400,000 S 1,400,000 501 -MIS $ 715,576 5 715,576 502 - FLEET $ 1,183,600 $ 1,183,600 503. LOSS FUND $ 351,111 $ 351,111 504- FULLY INSURED INSURANCE $ 4,132,361 $ 4,132,361 505 -WORKERS COMPENSATION $ 262,674 $ 262,674 TOTAL ALL FUNDS $ 54,882,462 $ 54,882,462