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2021-R-07 - Budget Adjustments 2020-2021RESOLUTION 2021-R-07 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 City of Edgewater, by Resolution 2020-R-37, further amended tile 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 arid 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. Mid -Year Budget Adjustment: Tile City COLUIC11 of the City of Edgewater amends the Fiscal Year 2020-2021 budget by revising the budoet in total pursuant to iternizations contained in Exhibit "A" which is attached hereto and incorporated herein. Section 2. Effective Date. This ReSOIL16011 shall become effective immediately upon passage and adoption. After motion to approve was made by with Second by The vote on this resolution is as follows: AYE NAY Mayor Michael Thornas Councilwoman Christine Power Councilwoman Gigi Bennington Councilwoman Megan OKeefe Councilman Jonah Powers #2021-R-07 PASSED AND DULY ADOPTED this 3rd day of May, 2021. ATTEST: CITY COUNCIL OF THE !CITY OF ED EWATER, FLORIDA 1�n(Auk' 2" 2IL Bonnie. Drawn cityClef•% For the use and reliance only by the City of Approved by the City Council ofthe City of Edgewater, Florida. Approved as to form Edgewater at a meeting held on this 3rd dray and legality by: of May, 2021 under Agenda Item No. Aaron R. Wolfe, Esquire City Attorney Doran, Sims, Wolfe & Ciocchetta 2 , '`�`'.~,ivy t ;� �= «� `. ,� ; .� . ' i�t /^t � � ; . '� � � > w �L �✓ "� EXHIBIT T• J MID -YEAR AMENDED FY 2020 - 2021 BUDGET -.7Avl## ISL 3TiII :4 i1` � 001 - GENERAL FUND 114 -GRANTS FUND NON -DEPARTMENTAL 115 - SPECIAL LAW ENFORCEMENT TRUST FUND 116 - TRANSPORTATION IMPACT FEE 117 - POLICE IMPACT FEE FUND 118 - FIRE IMPACT FEE FUND 119 - RECREATION IMPACT FEE 120 - SCHOLARSHIP FUND 122 - TREE MITIGATION FUND 125 - EDGEWATER CRA 205 -1 & S DEBT SERVICE FUND 331 - CAPITAL PROJECTS FUND 440 - WATER & SEWER 442 - WATER DEVELOPMENT 443 - SEWER DEVELOPMENT 444 - RENEWAL & REPLACEMENT 445 - WATER & SEWER RATE STABILIZATION 447 - SOLID WASTE 448 - STORMWATER OPERATING 449 - STORMWATER CAPITAL PROJECTS 450 - PUBLIC WORKS COMPLEX 501 - MIS 502 - FLEET 503 - LOSS FUND 504 - FULLY INSURED INSURANCE 505 - WORKERS COMPENSATION TOTAL ALL FUNDS CURRENT Mid -Year Recommendec APPROVED REVENUE EXPENSES Amendment $ 18,883,328 $ 19,161,232 $ 19,161,232 $ 277,904 $ 13,914 $ 13,914 $ 13,914 $ - $ 50,000 $ 51,579 $ 51,579 $ 1,579 $ 432,500 $ 432,500 $ 432,500 $ - $ 20,000 $ 20,000 $ 20,000 $ - $ 50,000 $ 62,009 $ 62,009 $ 12,009 $ 150,000 $ 150,000 $ 150,000 $ - $ 11,000 $ 11,000 $ 11,000 $ - $ 70,482 $ 70,482 $ 70,482 $ - $ 771,249 $ 771,249 $ 771,249 $ - $ 437,688 $ 437,688 $ 437,688 $ - $ 702,159 $ 3,166,519 $ 3,166,519 $ 2,464,360 $ 12,707,607 $ 12,819,755 $ 12,819,755 $ 112,148 $ 140,175 $ 140,175 $ 140,175 $ - $ 228,150 $ 604,016 $ 604,016 $ 375,866 $ 7,587,543 $ 8,444,912 $ 8,444,912 $ 857,369 $ 1,307,394 $ 1,307,394 $ 1,307,394 $ - $ 4,626,459 $ 4,853,880 $ 4,853,880 $ 227,421 $ 2,585,791 $ 2,626,346 $ 2,626,346 $ 40,555 $ 3,123,234 $ 3,147,944 $ 3,147,944 $ 24,710 $ - $ 1,400,000 $ 1,400,000 $ 1,400,000 $ 703,187 $ 722,829 $ 722,829 $ 19,642 $ 1,123,710 $ 1,123,710 $ 1,123,710 $ - $ 389,231 $ 389,231 $ 389,231 $ - $ 2,910,114 $ 2,910,114 $ 2,910,114 $ - $ 281,365 $ 281,365 $ 281,365 $ - $ 59,306,280 $ 65,119,843 $ 65,119,843 $ 5,813,563