TO: Mayor and Commissioners
FROM: Hugh Dunkley, Chief Financial Officer
THROUGH: Terrence R. Moore, ICMA-CM
DATE: September 18, 2023
Title
RESOLUTION NO. 178-23 AMENDING THE FISCAL YEAR 2022-23 BUDGET ADOPTED BY RESOLUTION NO.157-22 ON SEPTEMBER 19, 2022
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Recommended Action:
Recommendation
Motion to Approve Resolution No. 178-23 amending the budget for Fiscal Year 2022-23 adopted on September 19, 2022.
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Background:
The purpose of this request is to amend the adopted Fiscal Year (FY) 2022-23 budget to account for items that were not anticipated, or measurable at the time of original budget adoption. Per Florida Statute 166.241, the City’s Adopted Budget may be revised with a Budget Amendment approved by City Commission. Provided below is a summary of the budget changes staff is recommending. The attached Resolution and Exhibit A provide details of the proposed changes.
General Fund (001) $325,136
1. Public Works (PW) - Streets Division / Building Maintenance Division
Request to transfer funds from the Streets Division Operating Budget to the Building Maintenance Operating Budget to facilitate the replacement of the Variable Frequency Device (VFD) in the gun range at the Police Department as well as a secondary compressor in the chiller at City Hall.
The funding amount requested is $24,602.
Funding Source - No increase in the General Fund Budget
2. Public Works - Parking Facility Division
Request to amend the PW-Parking Facility Division Operating Budget to pay the County for all on-site operation and maintenance costs of the Parking Facilities as described in the Agreement between the City, the Library, and the Community Redevelopment Agency ("CRA"). The City shall satisfy all outstanding invoices related to the Parking Facilities.
The funding amount requested is $101,200.
Funding Source - State Revenue Sharing
3. Information Technology (IT) Department
Request to amend the IT Department Budget to replace the in-rack Air conditioner unit...
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