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HomeMy WebLinkAboutCity of Tamarac Resolution R-2005-213Temporary Resolution #10846 November 9, 2005 Page 1 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-2005 - 10 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA, AMENDING THE EXPENDITURE BUDGET FOR THE FISCAL YEAR 2006; AMENDING THE BUDGET OF ESTIMATED REVENUES FOR THE FISCAL YEAR 2006; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Commission on September 21, 2005, adopted Ordinance No. 0-2005-20 approving the annual budget for fiscal year 2006; and WHEREAS, having completed one month of the present fiscal year, the City Manager has identified the need to amend the budget to appropriate funds to cover unanticipated costs that have arisen as a direct result of Hurricane Wilma; and WHEREAS, the City Manager has determined, through an assessment of available resources and current obligations of the City, that sufficient funds exist to cant' out these actions; and WHEREAS, the City Manager has recommended adjustments to the present annual budget based on the aforementioned assessment; and WHEREAS, these adjustments recommended by the City Manager require the amending of estimated revenues and appropriated expenditures found within the present annual budget; and WHEREAS, the City Manager's recommendations address issues deemed to be in the best interest of the City of Tamarac; and Temporary Resolution #10846 November 9, 2005 Page 2 WHEREAS, the City Manager and Directorof Finance recommend that the FY 2006 budget be amended as indicated below; and WHEREAS, the City Commission of the City of Tamarac, Florida, deems it to be in the best interest of the citizens and residents of the City of Tamarac to amend the FY 2006 Budget to address those operational areas requiring action. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: The foregoing "WHEREAS" clauses are hereby ratified and confirmed as being true and correct and are hereby made a specific part of this resolution. SECTION 2: The expenditure budget of the City of Tamarac is hereby amended by departmental appropriation, as follows: General Fund Non -Departmental $1,000,000 Grants Fund Public Works Risk Management Fund Risk Management $10,000,000 I I $500,000 1 I I I Temporary Resolution #10846 November 9, 2005 Page 3 SECTION 3: The revenue budget is amended to provide for the quarterly budget appropriations as follows: Fund Balance (Economic Stabilization), General Fund Grants, Grant Fund Transfer from General Fund, Grant Fund Insurance Proceeds, Risk Management Fund $1,000,000 $9,000,000 $1,000,000 $500,000 SECTION 4: All resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. SECTION 5: If any clause, section, other part or application of this Resolution is held by any court of competent jurisdiction to be unconstitutional or invalid, in part or application, it shall not affect the validity of the remaining portions or applications of this Resolution. Temporary Resolution #10846 November 9, 2005 Page 4 SECTION 6: This Resolution shall become effective immediately upon its passage and adoption. PASSED, ADOPTED AND APPROVED ATTEST: MARION SW E i40N,CMC CITY CLERK I HEREBY CERTIFY that I have approved this RESOLUTION as to form. 144rq 0,MUEL S. Gqf El' CITY ATTO EY this *?3 day of 14 2005. JOE SCHREIBER, MAYOR RECORD OF COMMISSION VOTE: MAYOR SCHREIBER DIST 1: COMM. PORTNER DIST 2: VIM TALABISCO DIST 3: COMM. SULTANOF DIST 4: COMM. ROBERTS 1 1 1