2020-R-14 - Mid Year Budget Adjustments 2019-2020 RESOLUTION 2020-R-14
A RESOLUTION OF THE CITY COUNCIL OF
EDGEWATER, FLORIDA, ADOPTING BUDGET
ADJUSTMENTS TO THE 2019-2020 FISCAL YEAR
BUDGETS AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City of Edgewater, by Resolution 2019-R-18, adopted an operating
budget for Fiscal Year 2019-2020; and
WHEREAS, the City of Edgewater, by Resolution 2019-R-22, amended the operating
budget for Fiscal Year 2019-2020; 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 2019-2020 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 2019-2020 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
Vicom/ a�r`� ;moi The vote on this resolution is as follows:
AYE NAY
Mayor Michael Thomas
Councilwoman Christine Power \,
Councilwoman Kimberly Klein-Yaney
Councilwoman Megan O'Keefe
Councilman Gary Conroy
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#2020-R-14
PASSED AND DULY ADOPTED this 4'" day of May, 2020.
ATTEST: CITY COUNCIL OF THE
CITY OF EDGEWATER,FLORIDA
toaJ B
Robin L. Matusic k Mic ae om
City Clerk ayor
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 4h day
and legality by: of May, 2020 under Agenda Item No. 8�
Aaron R. Wolfe,Esquire
City Attorney
Doran, Sims, Wolfe&Ciocchetti
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EXHIBIT A
MID-YEAR AMENDED FY 2019 - 2020 BUDGET
CURRENT MID-YEAR AMENDED Recommended
REVENUES AND EXPENSES APPROVED REVENUE EXPENSES Amendment
001 -GENERAL FUND $ 19,754,527 $ 20,072,418 $ 20,072,418 $ 317,891
113-LAW ENFORCEMENT BLOCK $ 2,000 $ 2,000 $ 2,000 $ -
114-GRANTS FUND $ 13,914 $ 13,914 $ 13,914 $
115-SPECIAL LAW ENFORCEMENT TRUST FUND $ 81,578 $ 81,578 $ 81,578 $
116-TRANSPORTATION IMPACT FEE $ 265,000 $ 265,000 $ 265,000 $
117-POLICE IMPACT FEE FUND $ 34,000 $ 34,000 $ 34,000 $
118-FIRE IMPACT FEE FUND $ 83,428 $ 83,428 $ 83,428 $
119-RECREATION IMPACT FEE $ 158,527 $ 158,527 $ 158,527 $
120-SCHOLARSHIP FUND $ 11,000 $ 11,000 $ 11,000 $ _
122-TREE MITIGATION FUND $ 100,344 $ 100,344 $ 100,344 $
125-EDGEWATER CRA $ 517,760 $ 517,760 $ 517,760 $ -
205-1 &S DEBT SERVICE FUND $ 433,940 $ 433,940 $ 433,940 $ -
331 -CAPITAL PROJECTS FUND $ 2,719,483 $ 2,973,114 $ 2,973,114 $ 253,631
440-WATER&SEWER $ 13,433,495 $ 13,433,495 $ 13,433,495 $ -
442-WATER DEVELOPMENT $ 100,000 $ 100,000 $ 100,000 $ -
443-SEWER DEVELOPMENT $ 65,000 $ 65,000 $ 65,000 $ -
444-RENEWAL&REPLACEMENT $ 3,710,301 $ 3,291,546 $ 3,291,546 $ (418,755)
445-WATER&SEWER RATE STABILIZATION $ 1,649,626 $ 1,649,626 $ 1,649,626 $ -
447-SOLID WASTE $ 6,671,131 $ 7,070,404 $ 7,070,404 $ 399,273
448-STORMWATER OPERATING $ 2,163,901 $ 2,285,677 $ 2,285,677 $ 121,776
450-PUBLIC WORKS COMPLEX $ 1,400,000 $ 1,400,000 $ 1,400,000 $ -
449-STORMWATER CAPITAL $ - $ 554,790 $ 554,790 $ 554,790
501 -MIS $ 723,512 $ 724,841 $ 724,841 $ 1,329
502-FLEET $ 1,193,444 $ 1,196,590 $ 1,196,590 $ 3,146
503-LOSS FUND $ 351,111 $ 378,273 $ 378,273 $ 27,162
504-FULLY INSURED INSURANCE $ 4,132,361 $ 4,132,361 $ 4,132,361 $ -
505-WORKERS COMPENSATION $ 262,674 $ 262,674 $ 262,674 $ -
TOTAL ALL FUNDS $ 60,032,057 $ 61,292,300 $ 61,292,300 $ 1,260,243