2020-R-36 - Adopting Final Budget Adjustments - 2019-2020 RESOLUTION 2020-R-36
A RESOLUTION OF THE CITY COUNCIL OF
EDGEWATER, FLORIDA, ADOPTING FINAL 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 Fiscal Year
2019-2020 budget by revising the budget; and
WHEREAS, the City of Edgewater, by Resolution 2020-R-14, amended the Fiscal Year
2019-2020 budget by revising the budget; and
WHEREAS, the City of Manager performed an extensive review of the revenue and
expenditure figures for each fund to compare the current amounts with the amount budgeted as
of the end of the Fiscal Year
WHEREAS, the final year end 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. Final 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.
#2020-R-36
After motion to approve was made by
with Second by
✓c�•�cr,,�:<y (. :-'/f �_ The vote on this resolution is as follows:
AYE NAY
Mayor Michael Thomas
Councilwoman Christine Power
Councilwoman Kimberley Yaney
Councilwoman Megan O'Keefe 2111
Councilman Gary Conroy 'I-S..
PASSED AND DULY ADOPTED this 4t'day of November, 2020.
ATTEST: CITY COUNCIL OF THE
CITY OF EDGEW TER, FLORIDA
�'v" is rlc; By t
Robin L.Matusick Michael as
City Clerk r
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 4`h day
and legality by: of November, 2020 under Agenda Item No.
Aaron R. Wolfe, Esquire 8__q .
City Attorney
Doran, Sims,Wolfe&Ciocchetti
2
#2020-R-36
EXHIBIT A
FINAL AMENDED FY 2019 - 2020 BUDGET
CURRENT MID-YEAR AMENDED Recommended
REVENUES AND EXPENSES APPROVED REVENUE EXPENSES Amendment
001 -GENERAL FUND $ 20,072,418 $ 20,961,703 $ 20,961,703 $ 889,285
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 $ 34,937 $ 34,937 $ 937
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-I&S DEBT SERVICE FUND $ 433,940 $ 433,940 $ 433,940 $ -
331 -CAPITAL PROJECTS FUND $ 2,973,114 $ 3,115,721 $ 3,115,721 $ 142,607
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 $ 3,291,546 $ 3,291,546 $ 3,291,546 $ -
445-WATER&SEWER RATE STABILIZATION $ 1,649,626 $ 1,649,626 $ 1,649,626 $ -
447-SOLID WASTE $ 7,070,404 $ 7,070,404 $ 7,070,404 $ -
448-STORMWATER OPERATING $ 2,285,677 $ 2,285,677 $ 2,285,677 $ -
450-PUBLIC WORKS COMPLEX $ 1,400,000 $ 1,400,000 $ 1,400,000 $ -
449 -STORMWATER CAPITAL $ 554,790 $ 554,790 $ 554,790 $ -
501 -MIS $ 724,841 $ 724,841 $ 724,841 $ -
502-FLEET $ 1,196,590 $ 1,196,590 $ 1,196,590 $ -
503-LOSS FUND $ 378,273 $ 378,273 $ 378,273 $ -
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 $ 61,292,300 $ 62,325,129 $ 62,325,129 $ 1,032,829