2020-R-35 - Budget Adjustments FY 2020-2021 RESOLUTION 2020-R-35
A RESOLUTION OF THE CITY COUNCIL OF
EDGEWATER, FLORIDA, ADOPTING BUDGET
ADJUSTMENTS TO THE 2020-2021 FISCAL YEAR
BUDGETS AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City of Edgewater, by Resolution 2020-R-34, adopted an operating
budget for Fiscal Year 2020-2021; 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 2020-2021 budget.
NOW,THEREFORE, be it resolved by the City Council of Edgewater, Florida.
Section 1. October Budget Adjustment: The City Council of the City of Edgewater
amends the Fiscal Year 2020-2021 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
IV 7�Cz(i,rx, � -t,k, ,. , with Second by
The vote on this resolution is as follows:
AYE NAY
Mayor Michael Thomas �
Councilwoman Christine Power \;
Councilwoman Kimberley Yaney
Councilwoman Megan O'Keefe
Councilman Gary Conroy
i
#2020-R-35
PASSED AND DULY ADOPTED this 5'' day of October, 2020.
ATTEST: CITY COUNCIL OF THE
CITY OF EDGEWATER,FLORIDA
1 �z y: f
Robin L.Matusick Mich omas
City Clerk or
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 5 day
and legality by: of October, 2020 under Agenda Item No.
Aaron R. Wolfe, Esquire 6'n-..
City Attorney
Doran, Sims,Wolfe&Ciocchetti
2
#2020-R-35
EXHIBIT A
OCTOBER AMENDED FY 2020 - 2021 BUDGET
REVENUES AND EXPENSES CURRENT OCTOBER AMENDED Recommendec
APPROVED REVENUE EXPENSES Amendment
001 -GENERAL FUND $ 17,161,126 $ 17,312,376 $ 17,312,376 $ 151,250
114-GRANTS FUND NON-DEPARTMENTAL $ 13,914 $ 13,914 $ 13,914 $ -
115 -SPECIAL LAW ENFORCEMENT TRUST FUND $ 50,000 $ 50,000 $ 50,000 $ -
116 -TRANSPORTATION IMPACT FEE $ 432,500 $ 432,500 $ 432,500 $ -
117 -POLICE IMPACT FEE FUND $ 20,000 $ 20,000 $ 20,000 $ -
118 -FIRE IMPACT FEE FUND $ 50,000 $ 50,000 $ 50,000 $ -
119 -RECREATION IMPACT FEE $ 150,000 $ 150,000 $ 150,000 $ -
120 -SCHOLARSHIP FUND $ 11,000 $ 11,000 $ 11,000 $ -
122 -TREE MITIGATION FUND $ 70,482 $ 70,482 $ 70,482 $ -
125 -EDGEWATER CRA $ 517,736 $ 517,736 $ 517,736 $ -
205 -1 &S DEBT SERVICE FUND $ 437,688 $ 437,688 $ 437,688 $ -
331 -CAPITAL PROJECTS FUND $ 176,017 $ 176,017 $ 176,017 $ -
440 -WATER&SEWER $ 12,299,749 $ 12,523,076 $ 12,523,076 $ 223,327
442 -WATER DEVELOPMENT $ 140,175 $ 140,175 $ 140,175 $ -
443 -SEWER DEVELOPMENT $ 228,150 $ 228,150 $ 228,150 $ -
444-RENEWAL& REPLACEMENT $ 6,687,867 $ 6,687,867 $ 6,687,867 $ -
445 -WATER & SEWER RATE STABILIZATION $ 1,307,394 $ 1,307,394 $ 1,307,394 $ -
447 -SOLID WASTE $ 3,626,606 $ 3,664,033 $ 3,664,033 $ 37,427
448 -STORMWATER OPERATING $ 2,551,857 $ 2,577,904 $ 2,577,904 $ 26,047
449 -STORMWATER CAPITAL PROJECTS $ 3,123,234 $ 3,123,234 $ 3,123,234 $ -
501 -MIS $ 702,476 $ 703,187 $ 703,187 $ 711
502 -FLEET $ 1,120,269 $ 1,123,585 $ 1,123,585 $ 3,316
503 -LOSS FUND $ 389,231 $ 389,231 $ 389,231 $ -
504 -FULLY INSURED INSURANCE $ 2,910,114 $ 2,910,114 $ 2,910,114 $ -
505 -WORKERS COMPENSATION $ 281,365 $ 281,365 $ 281,365 $ -
TOTAL ALL FUNDS $ 54,458,950 $ 54,901,028 $ 54,901,028 $ 442,078