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Fort Walton Beach Resolution — 2025-02 Amending FY 2024-25 Budget — reading text
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RESOLUTION 2025- 2
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FORT WALTON
BEACH, FLORIDA, AMENDING THE FISCAL YEAR OCTOBER 1, 2024 THROUGH
SEPTEMBER 30, 2025 BUDGET TO MAKE CERTAIN AMENDMENTS TO
APPROPRIATIONS OF CITY FUNDS; AND PROVIDING AN EFFECTIVE DATE
WHEREAS, Resolution 2024- 15, adopted on September 24, 2024, authorizes
amendments to the FY 2024- 25 budget via resolution; and
WHEREAS, due to grants, and other actions that have revised the City' s FY 2024- 25
Adopted Budget, it is prudent and necessary to otherwise amend the FY 2024- 25 budget as set
forth herein.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WALTON BEACH, FLORIDA:
Section 1. There are appropriations $ 910, 889 from donations, grants, and from
Unrestricted Fund Balance increasing the FY 2024-25 General Fund budget to $34, 173, 291.
Section 2. There is an appropriation of $12, 500 from grants, increasing the FY 2024- 25
Law Enforcement Trust Fund budget to $20, 702.
Section 3. There are appropriations of $1, 313, 673 allocated to projects from Restricted
Fund Balance, increasing the FY 2024- 25 CRA Fund budget to $ 7, 739, 165. _
Section 4. There is a re -allocation of funds to the Half Cent Sales Tax Fund and grants
totaling $( 84,000) from Restricted Fund Balance, decreasing the FY2024- 25 TDC Fund budget
to $ 1, 633, 739.
Section 5. There is re -allocation of funds from the TDC Fund as well as appropriations
from Restricted Fund Balance totaling $ 1, 226, 893, increasing the FY 2024- 25 Half Cent Sales
Tax Fund budget to $ 5, 757, 321.
Section 6. There are appropriations totaling $ 89, 139 from services from Unrestricted
Fund Balance, increasing the FY 2024- 25 Utilities Fund budget to $ 18, 731, 812.
Section 7. There is an appropriation totaling $221, 689 from Unrestricted Fund Balance,
increasing the FY 2024- 25 Sanitation Fund budget to $6, 163, 024.
Section 8. There is an appropriation totaling $250, 125 from Unrestricted Fund Balance,
increasing the FY 2024- 25 Stormwater Fund budget to $ 1, 951, 458.
Section 9. This Resolution shall take effect immediately upon approval by City Council
and signature of the Mayor.
RESOLUTION 20
Adopted: lir; $;a.o
,a. S
Nic Alleg , Mayo
Attest: Approved as to legal form and sufficiency
for the_City Fort Walton Beach, only.
Kim . Barnes, City Clerk ,, ;' mberly Romano Kopp, City Attorney