HomeMy WebLinkAboutResolution_95-05/06_07/17/2006RESOLUTION NO. 95-05/06
A RESOLUTION OF THE VILLAGE COUNCIL OF THE
VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA,
APPROPRIATING UNRESERVED FUND BALANCE IN GENERAL
FUND #001, INCREASING THE 2005/2006 POLICE PATROL
BUDGET, ACCOUNT # 001-175-522.102, `VOT PENSION
CONTRIBUTIONS', BY $26,430.00 AND AUTHORIZING THE
VILLAGE MANAGER TO PROCEED ON BEHALF OF THE
VILLAGE.
WHEREAS, Gabriel, Roeder, Smith & Company, Consultants &
Actuaries for the Village of Tequesta's Public Safety
Pension Trust informed the Village of Tequesta that the
required contribution for Police Officers had increased
3.95 (from 7.558 to 11.500 , and;
WHEREAS, the 3.95 difference amounts to $26,430.00, and;
WHEREAS, these funds were not budgeted, and;
WHEREAS, this will require appropriating $26,430.00 from
Fund Balance.
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE
VILLAGE OF TEQUESTA, PALM BEACB COUNTY, FLORIDA, AS FOLLOWS:
SECTION 1: A Resolution increasing the budgeted amount in
Account # 001-175-522.102, `VOT Pension Contributions' for
Budget Year 2005/2006 by $26,430.00, appropriating Fund
Balance for that amount, and authorizing the Village Manager
to proceed on behalf of the Village.
THE FOREGOING RESOLUTION WAS OFFERED by Council Member
Genco, who moved its adoption. The motion was seconded by
Council Member Watkins, and upon being put to a vote, the
vote was as follows:
FOR ADOPTION
AGAINST ADOPTION
Jim Humpage
Tom Paterno
Geraldine A. Genco
Pat Watkins
The Mayor thereupon declared the Resolution duly passed and
adopted this 17th day of August, A.D, 2006.
MAYOR OF TEQUES'TPr`" "" ~~
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Humpage
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. wen Carlisle
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