Fort Walton Beach Resolution — 2008-53-FY 08/09 Budget Amendment — reading text

RESOLUTION NO. 2008- 53 A RESOLUTION OF THE CITY OF FORT WALTON BEACH, FLORIDA, AMENDING THE FISCAL YEAR OCTOBER 1, 2008 THROUGH SEPTEMBER 30, 2009 BUDGET TO MAKE CERTAIN AMENDMENTS TO DESIGNATED 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 2008- 45, adopted on September 22, 2008, authorizes amendments to the FY 2008- 09 budget by resolution. Section 2. General Fund Carrvovers Amendment The City received additional revenues and/or incurred additional expenses between the time the budget was adopted and the end of the fiscal year, resulting in additional carryover. a. Passport Fees collected at the Library increased $ 1, 771 to total $27, 058. b. Passport Fees collected at the Museum increased $ 535 to total $ 5, 542. c. Museum Donations increased $ 350 to total $4, 634. Therefore, the General Fund carryover over budget is increased by $2, 656. Section 3. Stormwater Utility Carrvovers Amendment Carryover funds previously appropriated for stormwater activities need to be transferred from the Utilities Fund to the Stormwater Fund. A portion of the funds, 211, 723, was carried over as an encumbrance and the balance of funds, $ 548, 209, was carried over as project funds. a. CBIR Grant - $200,000. b. Florida Forever Grant 2007 - $ 319,768. c. Florida Forever Grant 2008 - $ 161, 950. d. Storm Drain CIP - $ 56, 278. e. Saltwater Outfall CIP - $ 8, 000. f. Water Quality CIP - $ 13, 936. Therefore, the Utilities Fund carryover budget is decreased by $ 759, 932 and the Stormwater Fund carryover budget is increased by $759, 932. Section 4. General Fund Budget Amendment The City received a $ 3, 200 donation for the Florida Government Week Luncheon. Therefore, there is appropriated $ 3, 200 from donation revenues increasing the General Fund budget by $3, 200 from $ 19, 249,466 to $ 19, 252,666. Section 5. Law Enforcement Trust Fund Budget Amendment The City incurred $ 145 in expense for a grant- related purchase order that was not received prior September 30 as anticipated. Therefore, there is appropriated $ 145 from grant revenues increasing the Law Enforcement Trust Fund budget by $ 145 from $38, 943 to $ 39, 088. Section 6. Stormwater Fund Budget Amendment The City received a $ 1, 496 donation for stormwater stencils. Therefore, there is appropriated $ 1, 496 from donation revenues increasing the Stormwater Fund budget by 1, 496 from $594,000 to $ 595, 496. Section 7. Effective Date This resolution shall take effect immediately upon approval by the City Council and signature by the Mayor. J/- J~., o<1 Mk~ Mike Anderson, Mayor Adopted Attest: DISPOSITION