Fort Walton Beach Resolution — 2011-16-mid-year budget amendment — reading text

RESOLUTION NO. 2011- 16 A RESOLUTION OF THE CITY OF FORT WALTON BEACH, FLORIDA, AMENDING THE FISCAL YEAR OCTOBER 1, 2010 THROUGH SEPTEMBER 30, 2011 BUDGET TO MAKE CERTAIN AMENDMENTS TO APPROPRIATIONS OF CITY FUNDS; AND PROVIDING AN EFFECTIVE DATE. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WALTON BEACH, FLORIDA, THAT: Section 1. Authority Resolution 2010 -33, adopted on September 22, 2010, authorizes amendments to the FY 2010 -11 budget by resolution. Section 2. General Fund Budget Amendment a. City Council authorized reimbursement of the Housing Authority' s payment in lieu of taxes in the amount of $16, 107 on November 9, 2010. b. The Police Department received a camera donation valued at $ 700 and won a laser unit valued at $ 5, 150. c. The Police Department received a $ 500 general donation. d. The Police Department received $ 100 for the sale of canine Scout. e. The Police Department received donations in the amount of $350 and $ 200 for its annual awards ceremony. f. The Police Department received a donation in the amount of $200 for a supervisors workshop. g. The City incurred $ 37, 853 in issuance costs associated with the Fire Department ladder truck revenue note. h. The Senior Center received a television donation valued at $ 1, 500. i. The Senior Center received a $ 1, 000 donation for the purchase of a Wii game console, fit game, projector, and chairs. j. The City incurred $ 1, 750 to demolish the Nelson Davis building. k. City Council authorized a US Marshals Memorandum ofUnderstanding in the amount of $10, 500 on November 23, 2010. 1. The City incurred $9, 147 to construct a storage building at Beal Cemetery. m. The City incurred $ 1, 155 to plant live oak trees at Beal Cemetery. n. The City unnecessarily budgeted a $ 59,983 transfer to the Golf Fund; this amount is included in the loan for defeasing the 1999 Clubhouse Bond. Therefore, there is appropriated $ 27, 557 from donations and other revenues, 37, 853 from debt proceeds, $ 10, 500 from grants, $ 10, 302 from interfund transfers, and 59, 983> from fund balance increasing the General Fund budget by $ 26, 229 from 17, 747, 387 to $ 17, 773, 616.  Section 3. Law Enforcement Trust Fund Budget Amendment The Police Department received a vehicle valued at $ 3, 900 through a court- ordered forfeiture. Therefore, there is appropriated $ 3, 900 from other revenue increasing the Law Enforcement Trust Fund budget by $3, 900 from $27, 825 to $ 31, 725. Section 4. CRA Fund Budget Amendment City Council approved Brooks Street parking and heavy pedestrian signage on June 22, 2010. Therefore, there is appropriated $ 21, 400 from fund balance increasing the CRA Fund budget by $21, 400 from $3, 608, 862 to $3, 630,262. Section 5. Utilities Fund Budget Amendment a. City Council authorized a $ 15, 000 lawsuit settlement for Alabama Avenue on October 12, 2010. b. City Council authorized the use of $15, 600 in 2005 Utility Bond proceeds for the removal of digester covers at the WWTP on December 14, 2010. Therefore, there is appropriated $ 15, 000 from unrestricted net assets and $ 15, 600 from bond proceeds increasing the Utilities Fund budget by $30,600 from $ 7, 770, 468 to 7, 801, 068. Section 6. Golf Fund Budget Amendment The City unnecessarily budgeted a $ 59,983 transfer from the General Fund; this amount is included in the loan for defeasing the 1999 Clubhouse Bond. Therefore, there is appropriated <$ 59, 983> from interfund transfers decreasing the Golf Fund budget by 59, 983> from $2, 262, 512 to $ 2, 202, 529. Section 7. Beal Memorial Cemetery Fund Budget Amendment a. The City incurred $9, 147 to construct a storage building at Beal Cemetery. b. The City incurred $ 1, 155 to plant live oak trees at Beal Cemetery. Therefore, there is appropriated $ 10, 302 from undesignated fund balance increasing 53, 902. the Beal Memorial Cemetery Fund budget by $ 10, 302 from $ 43, 600 to Section 6. Effective Date This resolution shall take effect immediately upon approval by the City Council and signature by the Mayor. Ad Qx ted gg' doll 4k A* - Mike Anderson, Mayor Attest: Approved for Form and Legal Sufficiency: V1. Helen Spencer, C' Clerk Haywdrd Dykes Jr. ity,,Aforney