Fort Walton Beach Resolution — 02-20-Amend FY 01-2 Budget — reading text

RESOLUTION NO. 2002- 20 A RESOLUTION AMENDING THE BUDGET FOR THE CITY OF FORT WALTON BEACH, FLORIDA, FOR THE FISCAL YEAR OCTOBER 1, 2001 THROUGH SEPTEMBER 30, 2002 MAKING CERTAIN AMENDMENTS TO DESIGNATED APPROPRIATIONS OF FUNDS OF THE CITY, APPROPRIATIONS INCREASING THE GENERAL FUND BUDGET BY $124, 254, THE LAW ENFORCEMENT TRUST FUND BY $138, 283, THE CRA FUND BUDGET BY $553, 725, THE CAPITAL PROJECTS FUND BUDGET BY $ 604, 556, THE UTILITIES FUND BUDGET BY $ 97, 352 THE SANITATION FUND BUDGET BY $ 42, 000, THE GOLF FUND BY $ 559, 810; AND PROVIDING AN EFFECTIVE DATE HEREOF. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WALTON BEACH, FLORIDA, THAT: SECTION 1. This Resolution is in compliance with Sections 5 and 6 of Ordinance 1453, which was adopted on September 26, 2001 on second reading, entitled AN ORDINANCE MAKING APPROPRIATIONS FOR CERTAIN EXPENDITURES, EXPENSES, CAPITAL I11PROVEMENTS AND CERTAIN INDEBTEDNESS OF THE CITY OF FORT WALTON BEACH, FLORIDA, FOR THE YEAR BEGINNING OCTOBER 1, 2001 AND ENDING SEPTEI\ffiER 30, 2002, AND PROVIDING AN EFFECTIVE DATE. SECTION 2. a. The City received a grant for renovations to the Indian Temple Mound Museum in the amount of $41, 000. b. The City received an Urban and Community Forestry Grant in the amount of $23,772. c. The City entered into a five- year lease purchase for a Backhoe in the amount of $34,323. d. The City received a B1vIX grant reimbursement in the amount of $54, 101. e. The City incurred $ 40, 000 in expenses for property, casualty insurance and other unrecovered insurance expenses. f. The City incurred $5, 000 in additional legal services in excess of the budget. g. The City received a Bullet Proof V est Grant in the amount of $6, 696. h. The City received an Advanced Life Support Equipment Grant in the amount of$ 14, 190 THERE IS HEREBY APPROPRIATED $ 40, 000 from fund balance designated for self- insurance, $ 26, 680 from unreserved, undesignated Fund Balance, and $ 57, 574 from grants and other revenue sources increasing the original operating Budget amount from 14, 446, 872 to $14, 571, 126. SECTION 3. The Law Enforcement Trust Fund ( 102) increased due to grants received including: Local Law Enforcement Block Grants # 4 and # 7, two Ed Byrne Community Policing Grants, DUI Grant and increased legal services related to asset seizure and forfeiture. THERE IS HEREBY APPROPRIATED $ 107, 454 in grant and other revenues sources and 30, 829 in fund balance increasing the Law Enforcement Trust Fund operating budget from 109, 913 to $ 248, 196. SECTION 4. The CRA has incurred $ 553, 725 in expenditures in excess of the amount originally budgeted. a. Landing Improvements totaling $140, 870 b. Improvements to Brooks Street totaling $412, 855 THERE IS HEREBY APPROPRIATED $ 553, 725 from CRA Fund Balance increasing the original operating Budget amount from $702, 146 to $1, 255, 871. SECTION 5. The Capital Projects Fund has incurred $ 604, 556 in expenditures in excess of the amount originally budgeted a. FEMA Hazard 11itigation Grant for drainage improvements to East Hollywood Blvd in the amount of $429, 494. b. Planned Renovations to City Hall in the amount of $175, 062. THERE IS HEREBY APPROPRIATED $ 106, 179 from fund balance of the Capital Projects Fund and $ 498, 377 in new revenue sources, increasing the original Budget amount from 859, 260 to $1, 463, 816. SECTION 6. The Utilities Fund has incurred $ 97, 352 in expenditures in excess of the amount originally budgeted a. The City incurred $ 30, 000 in expenses for property, casualty and other unrecovered insurance expenses. b. The City has incurred $ 15, 000 in additional legal services in excess of the budget c. The City incurred $ 52, 352 in expenses for improvements to lift station and water and sewer lines in connection the golf course clubhouse. THERE IS HEREBY APPROPRIATED $ 97, 352 from retained earnings of the Utilities Fund increasing the original Budget amount from $6, 777, 993 to $ 6, 875, 345. SECTION 7. The Sanitation Fund has incurred $ 42,000 in expenditures in excess of the amount originally budgeted a. The City incurred $ 27, 000 in expenses for property, casualty and other unrecovered insurance expenses. b. The City has incurred $ 15, 000 in additional legal services in excess of the budget. THERE IS HEREBY APPROPRIATED $ 42, 000 from retained earnings of the Sanitation Fund increasing the original Budget amount from $3, 465, 735 to $3, 507, 735. SECTION 8. The Golf Fund has incurred $ 559, 810 in expenditure in excess of the amount originally budgeted. a. The City incurred $7, 000 in expenses for property, casualty and other unrecovered insurance expenses. b. The City has incurred $ 5, 000 in legal expenditures in excess of the amount originally budgeted. c. Outstanding material purchase orders and a portion of the Sharpe Contract reflecting materials purchased was not carried over into the FY 2001- 02 budget year in the amount of 375, 000. d. The City incurred additional expenses related to emergency repair and course renovations in the amount of $172, 810. THERE IS HEREBY APPROPRIATED $ 559, 810 from retained earnings of the Golf Fund Page 2 Balance increasing the original operating Budget from $2, 572, 046 to $3, 131, 856. SECTION 9. This resolution shall take effect immediately upon approval by the Council and signature by the mayor. ArrEST: L;' A~' rlllA/~ CITY CLERIZ ~ The form and legal sufficiency of the foregoing has been reviewed and approved by the City Attorney. DISPOSITIOi~? C:\ My Documents\ WordDocs\ CITYMNGR\ Budget\Budget Amendment FY 2001-02\ budgetamendresolution 02- 20. doc Page 3 L_ __~_.