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2020-R-37 - Final Budget Adjustments 2021-2022 RESOLUTION 2020-R-37 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 City of Edgewater, by Resolution 2020-R-35, amended the 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. December 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 .assage and adoption. After motion to approve was made by _.l 1► a �1.11Et� with Second by 1 (1t 1 no Li W OIV1Ci.'1 0'hE 2 . The vote on this resolution is as follows: AYE NAY Mayor Michael Thomas X Councilwoman Christine Power X Councilwoman Gigi Bennington X Councilwoman Megan O'Keefe X Councilman Jonah Powers ,( PASSED AND DULY ADOPTED this 76 day of December, 2020. 1/2020-R-37 0 R-3J ATTEST: CITY COUNCIL OF THE CITY OF EDGEWATER FLORIDA Aida 'Alf r—if 1_9 ,1 �� d�/riff',PA Bonnie BrownOlt Mr omas Citsy Ct�r :•> 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 7th day and legality by: of Deceber, 2020 under Agenda Item No. Aaron R. Wolfe, Esquire 814 . City Attorney Doran,Sims,Wolfe&Ciocchetti 2 #2020-R-37 EXHIBIT A DECEMBER AMENDED FY 2020 - 2021 BUDGET REVENUES AND EXPENSES CURRENT DECEMBER AMENDED Recommendec APPROVED REVENUE EXPENSES Amendment 001 -GENERAL FUND $ 17,312,376 $ 18,883,328 S 18,883,328 S 1,570,952 114 -GRANTS FUND NON-DEPARTMENTAL $ 13,914 $ 13,914 S 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 S 771,249 $ 771,249 $ 253,513 205 - I & S DEBT SERVICE FUND $ 437,688 S 437,688 $ 437,688 $ - 331 -CAPITAL PROJECTS FUND $ 176,017 $ 702,159 $ 702,159 $ 526,142 440 -WATER & SEWER $ 12,523,076 $ 12,707,607 $ 12,707,607 $ 184,531 442-WATER DEVELOPMENT $ 140,175 $ 140,175 S 140,175 S - 443 -SEWER DEVELOPMENT $ 228,150 $ 228,150 S 228,150 S - 444- RENEWAL & REPLACEMENT S 6,687,867 $ 7,587,543 S 7,587,543 $ 899,676 445 -WATER & SEWER RATE STABILIZATION S 1,307,394 $ 1,307,394 S 1,307,394 S - 447 -SOLID WASTE S 3,664,033 $ 4,626,459 S 4,626,459 S 962,426 448 -STORMWATER OPERATING S 2,577,904 $ 2,585,791 $ 2,585,791 S 7,887 449 -STORMWATER CAPITAL PROJECTS $ 3,123,234 $ 3,123,234 $ 3,123,234 $ - 501 -MIS $ 703,187 $ 703,187 $ 703,187 $ - 502 -FLEET $ 1,123,585 $ 1,123,710 $ 1,123,710 $ 125 503 - 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 $ 54,901,028 S 59,306,280 $ 59,306,280 $ 4,405,252