HomeMy WebLinkAboutCity of Tamarac Resolution R-2001-261*V
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CITY OF TAMARAC, FLORIDA
RESOLUTION NO. R-2001-261
A RESOLUTION OF THE CITY COMMISSION OF
THE CITY OF TAMARAC, FLORIDA, AMENDING
THE ANNUAL BUDGET OF ESTIMATED
REVENUES AND EXPENDITURES OF THE
GENERAL FUND AND THE CAPITAL
CONSTRUCTION FUND FOR FISCAL YEAR 2001;
PROVIDING FOR CONFLICTS; PROVIDING FOR
SEVERABILITY; AND PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, the City Commission on the 28th day of September 2000
adopted Ordinance No. 0-2000-30 approving the annual budget for fiscal year
2001; and
WHEREAS, having completed eleven months of the present fiscal year,
the City Manager has identified areas within City operations requiring immediate
action; and
WHEREAS, funds currently budgeted in the General Fund for the Street
Improvement Project need to be transferred to the recently established Street
Improvement Fund to allow for the proper credit of interest earnings to the project
and to allow for easier tracking; and
WHEREAS, an Interfund transfer from the General Fund account entitled
"Transfer to General Capital Fund" to the General Capital Fund account entitled
"Construction" is needed for correct accounting purposes to cover expenses
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incurred as change orders and equipment for the Tamarac Community Center
construction project, and to complete and close out the construction project; and
WHEREAS, loans made to the General Capital Fund from the Insurance
Services Fund and the Drainage Retention Fund for the acquisition of the McNab
Road Property need to be reimbursed by subsequently acquired Grant Funds, as
well as refunding contributions from the Parks Improvement Fund; 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 immediate actions; and
WHEREAS, these adjustments to the FY 01 Budget require the amending
of estimated revenues and expenditures found within the FY01 annual budget;
and
WHEREAS, the Director of Finance and City Manager recommend
adjustments to the present FY2001 budget based on the aforementioned
assessment; 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 01 Budget to address those operational areas requiring immediate
action.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF
THE CITY OF TAMARAC, FLORIDA:
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SECTION 1: The foregoing "WHEREAS" clauses are hereby ratified and
confirmed as being true and correct and is hereby made a specific part of this
Resolution.
SECTION 2: The budget of the City of Tamarac is hereby amended, as
follows, as adopted by the City Commission:
GENERALFUND
Public Works Department
Construction — Streets
($1,970,633)
(Transfer to General Streets
Improvement Fund)
Parks and Recreation
Various Accounts
(27,000)
(Transfer to General Capital Fund)
GENERAL STREETS IMPROVEMENT FUND
Public Works Department
Construction — Streets
1,970,633
(Transfer from General Fund)
GENERAL CAPITAL FUND
Community Center
Construction
$ 27,000
Construction Project
(Transfer from General Fund)
Risk Management
Transfer to Insurance Fund
55,000
(Repayment of Loan)
Public Works Department
Transfer to Drainage Fund
180,000
(Repayment of Loan)
Non Departmental
Transfer to Parks & Recreation
22,780
Improvement Fund
SECTION 3: All resolutions or parts of resolutions in conflict herewith are
hereby repealed to the extent of such conflict.
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04 SECTION 4: 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.
SECTION 5: This Resolution shall become effective immediately upon its
passage and adoption.
PASSED, ADOPTED, AND APPROVED this 26th day of September, 2001.
Ckl
JOE SCHREIBER
MAYOR
ATTEST:
't-c-to
MARION S EN -SON, CMC
- CITY CLERK
I HEREBY CERTIFY that I
have approved this
RESOLUTION as to form.
MITCHELL SlKF
CITY ATTORN
RECORD OF COMMISSION VOTE:
MAYOR SCHREIBER Aye.,
DIST 1: COMM. PORTNER Aye.
DIST 2: COMM. MISHKIN A -ye.,
DIST 3: V/M SULTANOF A-y&
DIST 4: COMM. ROBERTS A-y&
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