TO: Mayor and Commissioners
FROM: Henry Dachowitz, Chief Financial Officer
THROUGH: Terrence R. Moore, ICMA-CM
DATE: July 08, 2025
Title
RESOLUTION NO. 129-25 AMENDING THE FISCAL YEAR 2024-25 BUDGET ADOPTED BY RESOLUTION NO.175-24 ON SEPTEMBER 16, 2024.
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Recommended Action:
Recommendation
Motion to Approve Resolution No.129-25 amending the Fiscal Year 2024-25 budget adopted on September 16, 2024.
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Background:
The purpose of this request is to amend the adopted Fiscal Year (FY) 2024-25 budget to account for items that were not anticipated, or measurable at the time of original budget adoption. Per Florida State Statute (FSS) 166.241, the City’s Adopted Budget may be revised with a Budget Amendment approved by the City Commission. Provided below is a summary of the budget changes staff is recommending. The attached Resolution and Exhibit A provides details of the proposed changes.
General Fund (001) $89,078
Engineering
Transfer to Public Works Dept to cover additional funds to support a new janitorial services contract.
The transfer-out amount requested is $58,000
Funding Source: No change in the General Fund
Public Works
Transfer from Engineering Dept to cover additional funds to support a new janitorial services contract.
The transfer-in amount requested is $58,000
Funding Source: No change in the General Fund
Parks & Recreation
Transfer to cover Repairs and Services: AC Unit in Community Center Gym, Electrical racks at Pompey Park, AC Unit at concession stand in Little Fenway, & CPI Increase to Rental Lease
The transfer amount requested is $89,078
Funding Source: General Fund increased by $89,078
Special Projects Fund (115) $260,000
Funds are requested from Prior Year Parking In-Lieu Fund Balance for the repair of the Old School Square Parking Garage elevator
The transfer amount requested is $260,000
Funding Source: Special Projects Fund increased by $260,000
Recreation Impact Fee Fund (117) $0 Increase
Re-allo...
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