TO: Mayor and Commissioners
FROM: Hugh Dunkley, Chief Financial Officer
THROUGH: Terrence R. Moore, ICMA-CM
DATE: February 6, 2024
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RESOLUTION NO. 18-24 AMENDING THE FISCAL YEAR 2023-24 BUDGET ADOPTED BY RESOLUTION NO.145-23 ON SEPTEMBER 18, 2023.
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Recommended Action:
Recommendation
Motion to Approve Resolution No.18-24 amending the budget for Fiscal Year 2023-24 adopted on September 18, 2023.
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Background:
The purpose of this request is to amend the adopted Fiscal Year (FY) 2023-24 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 provide details of the proposed changes.
1. General Construction Fund (334) $800,000
Public Works Division - Sidewalk Installation Project
Request to amend the General Construction Fund FY 2023-24 adopted Capital Improvement Program (CIP) budget to account for sidewalk improvements on SW 22nd Avenue/SW 29th Street as well as other sidewalk improvement projects throughout the City. Per Section 6.1.3 (D)(2) of the City of Delray Beach’s Land Development Regulations, the City accepts payment in-lieu of sidewalk installation. These fees may only be used by the City for the construction of public sidewalks, anywhere within the City, in furtherance of the City's sidewalk policy. Collectively referred to as the Citywide Sidewalk Installation project, this request will increase the FY2023-24 CIP Budget by $800,000.
The transfer amount requested is $800,000.
Funding Source - Sidewalk In-Lieu Funds/ Deferred Revenue.
2. Water and Sewer Fund (441) $75,491
Administration Division & Environmental Resources Compliance Division
Request to amend the Water and Sewer Fund to transfer the Utilities Project Manager ...
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