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HomeMy WebLinkAboutResolution_25-05/06_11/17/2005A .., RESOLUTION NO. 25-05/06 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AMENDING THE 2005/2006 GENERAL FUND #001 BUDGET $408,000.00 BY APPROPRIATING ADDITIONAL FUND BALANCE AND INCREASING REVENUES AND EXPENDITURES TO PAY FOR COSTS ASSOCIATED WITH HURRICANE WILMA AS FOLLOWS: Revenues: Reimb. FEMA Acct #001-000-369.104 $306,000 Reimb. Florida DCA Acct #001-000-369.106 51,000 $357,000 Appropriated Fund Balance 51,000 $408,000 Expenditures: Res - Contingency #001-990-599.902 $408,000 WfiEREAS, the Village of Tequesta estimates that it will need to increase the General Fund #001 2005-2006 budget $408,000.00 as a result of estimated costs associated with Hurricane Wilma and; WHEREAS, The Village of Tequesta expects the General Fund #001 to be reimbursed approximately $357.000 for such costs and; WHEREAS, The Village of Tequesta needs to appropriate approximately $51,000 of additional Fund Balance to cover the remaining non-reimbursable costs associated with Hurricane Wilma and; WFIEREAS, The Village of Tequesta will use the Res. Contingency account #001-990-599.902 as a clearing account with funds transferred to the proper departments/accounts as needed to pay for costs associated with Hurricane Wilma to the extent of this resolution; NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS: A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AMENDING THE 2005/2006 GENERAL FUND #001 BUDGET $408,000.00 BY APPROPRIATING ADDITIONAL FUND BALANCE AND INCREASING REVENUES AND EXPENDITURES TO PAY FOR COSTS ASSOCIATED WITH HURRICANE WILMA IS HEREBY APPROVED THE FOREGOING RESOLUTION WAS OFFERED by Vice Mayor Watkins, who moved its adoption. The motion was seconded by Council Member Genco, and upon being put to a vote, the vote was as follows: i ' FOR ADOPTION Jim Humpage Pat Watkins Geraldine A. Genco Tom Paterno AGAINST ADOPTION The Mayor thereupon declared the Resolution duly passed and adopted this 17th day of November, 2005 A. D. ATTEST ~'~ ''~ +, ~ :~ -E _,U~ ~ ''' 1_% Gwe Carlisle Village Clerk MAYOR OF TEQUESTA J~ Humpage `\~~~llilttit///~~, ~~`~ ~ ~ F TF ~~~i ~~•~v ~~Q;P Oqq QG~% ~v•G ~ N• ='~ SEAL ~:D' INCORPORATED: ' N' ~'~, 9' ~GNF 4 ~9h.~ '~0~: r J' ~ .