Fort Walton Beach Resolution — 2008-46 Amend Budget FY 07-08 — reading text

RESOLUTION NO. 2008-46 A RESOLUTION OF THE CITY OF FORT WALTON BEACH, FLORIDA, AMENDING THE FISCAL YEAR OCTOBER 1, 2007 THROUGH SEPTEMBER 30, 2008 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 The authority for this resolution is Ordinance 1740, adopted on September 19, 2007, which authorized amendments to the budget by resolution. Section 2. General Fund Amendments a. The City is required to record a $ 200, 805 State contribution to the police pension. b. The City is required to record a $ 116, 903 State contribution to the fITe pension. c. The City incurred $ 46, 014 in FLSA overtime repayment to police officers and firefighters. d. The City incurred $ 359,231 in incentive, sick, and vacation leave payout associated with early retirement and voluntary separation incentive programs. e. The City received $ 5, 525 through a US Marshals interagency agreement, with a City commitment of$ 3, 312. f. The City received $ 12, 824 through an Emergency Medical Services grant, with a City commitment of $4, 274. g. The City received $ 614 through a Fire Rescue Training interagency agreement, with no City commitment. h. The City purchased portable radios for the fire department in the amount of 8, 641. 1. Auction proceeds in the amount of $2, 400 received for a forfeited vehicle were transferred to the Law Enforcement Trust Fund. J. A transfer of $211, 040 was made to the Debt Service Fund to cover debt service for the 2005D FMLC Bond prior to it being defeased. k. The City incurred $20,000 to settle a lawsuit. 1. Donations totaling $83 were received for aluminum cans. m. Passport fees totaling $ 101 were received at the library. n. Donations totaling $4, 850 were received for earth day. o. Revenues totaling $94 were received from the vending machine. p. Donations totaling $4, 531 were received at the museum. q. Donations totaling $4, 624 were received for recreation.  Therefore, there is appropriated $ 18, 963 from grant revenues, $ 340, 632 from donations and other revenues, and $ 646, 271 from undesignated fund balance increasing the General Fund budget by $ 1, 005, 866 from $20, 115, 164 to $ 21, 121, 030. Section 3. Law Enforcement Trust Fund Amendments The City incurred $ 23, 302 in legal fees associated with forfeitures. Therefore, there is appropriated $ 23, 302 from forfeiture proceeds increasing the Law Enforcement Trust Fund budget by $23, 302 from $61, 368 to $ 84, 670. Section 4.Community Development Block Grant Fund Amendment The City received a $ 1, 450 donation for Wodd Changers t-shirts. Therefore, there is appropriated $ 1, 450 from donation revenues increasing the Community Development Block Grant Fund budget by $ 1, 450 from $165, 527 to $ 166, 977. Section 5. Debt Service Fund Amendment The City incurred $ 211, 040 in expense prior to defeasing the 2005D Bond for the fairgrounds/ softball complex land acquisition. Therefore, there is appropriated $ 211, 040 from interfund transfers increasing the Debt Service Fund budget by $ 211, 040 from 2, 140, 601 to $2, 351, 641. Section 6. Utilities Fund Amendments a. The City received $ 150, 000 through a Florida Forever grant, with a City commitment of $20, 000 with currently budgeted funds. b. The City received $ 200, 000 through a Legislative Community Budget Request Issue, with no City commitment. Therefore, there is appropriated $ 350, 000 from grant revenues increasing the Utilities Fund budget by $350, 000 from $8, 152, 859 to $ 8, 502, 859. Section 7. Effective Date This resolution shall take effect immediately upon approval by the City Council and signature by the Mayor. t ort II-/< - Adopted Mike Anderson, Mayor Attest: Approved for Form and Legal Sufficiency: DISPOSITION Gm ,',.~ J Helen Spencer, C.