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HomeMy WebLinkAboutCity of Tamarac Resolution R-2004-201Temporary Resolution #10522 August 23, 2004 Page 1 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-2004 -- �o A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA, AMENDING THE EXPENDITURE BUDGET FOR THE FISCAL YEAR 2004; AMENDING THE BUDGET OF ESTIMATED REVENUES FOR THE FISCAL YEAR 2004; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Commission, on September 10, 2003, adopted Ordinance No. 0-2003-24, approving the annual budget for fiscal year 2004; and WHEREAS, having completed nine months of the present fiscal year, the City Manager has identified the need to amend the budget to properly reflect actions previously approved by the Commission and to appropriate funds to cover unanticipated costs that have arisen; and WHEREAS, the City Manager has determined, through an assessment of available resources and current obligations of the City, that sufficient funds exist to carry 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 require the amending of estimated revenues and appropriated expenditures found within the present annual budget; and WHEREAS, the adjustments address issues deemed to be in the best interest of the City of Tamarac; and WHEREAS, the City Manager and the Interim Director of Finance recommend that the FY 2004 budget be amended as indicated below; and Temporary Resolution #10522 August 23, 2004 Page 2 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 2004 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 budget of the City of Tamarac is hereby amended by departmental appropriation, as follows: General Fund (001 ) Non -Departmental, Transfer to Debt Service (238) $755,000 Non -Departmental, Transfer to General Capital (310) $466,275 Designation of Fund Balance for FY 2005 Budget $1,267,100 Debt Service Fund 238 Debt Service $755,000 General Capital Outlay Fund (310) Parks & Recreation $536,275 Public Services Facilities Fund (320) Parks & Recreation $363,000 Grants _Fund (153) BSO $9,903 Fire Rescue $19,928 Parks & Recreation $2,500 Public Art Fund (146) Parks & Recreation $77,000 Fire Rescue Fund (120) Fire Rescue $24,000 1 1 Temporary Resolution #10522 August 23, 2004 Page 3 SECTION 3: The revenue budget is amended to provide for the second quarter budget appropriations as follows: General Fund (001 ) Fund Balance $960,000 Bond Interest Refunds $261,275 Designation of Fund Balance $1,267,100 Debt Service Fund (238) Transfer from General Fund $755,000 General Capital Fund (310� Transfer from General Fund $466,275 Interest Earnings $70,000 Public_ Services Facilities Fund (320� Interest Earnings $363,000 Grant Fund (153) Grants $32,331 Public Art Fund (146) Public Art Fees $77,000 Fire Rescue Fund 120 Fund Balance $24,000 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 #10522 August 23, 2004 Page 4 SECTION 6: This Resolution shall become effective immediately upon its passage and adoption. PASSED, ADOPTED AND APPROVED this 81" day of September, 2004. JOE SCHREIBER, MAYOR ATTEST: f,� a .,' RECORD OF COMMISSION VOTE: MARION SWENSON, CMC MAYOR SCHREIBER CITY CLERK DIST 1: COMM. PORTNER DIST 2: COMM. FLANSBAUM-TALABI DIST 3: VIM SULTANOF DIST 4: COMM. ROBERTS i HEREBY CERTIFY that v I have approved this RESOLUTION as to form. MITCHELL S. KRAFT CITY ATTORNEY 1