HomeMy WebLinkAboutResolution_39-19_9/12/2019RESOLUTION NO. 39-19
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, FLORIDA, INCREASING THE FISCAL YEAR 2018/2019
GENERAL FUND #001 BUDGET BY APPROPRIATING FUND
BALANCE IN THE AMOUNT OF $439,900.00, BUDGETING THE
TRANSFER OF THOSE FUNDS TO THE CAPITAL IMPROVEMENT
FUND #301 AND INCREASING THE FISCAL YEAR 2018/2019 CAPITAL
IMPROVEMENT FUND #301 BUDGET BY $439,900.00 TO RECOGNIZE
THE TRANSFER -IN OF THESE FUNDS; AUTHORIZING THE
VILLAGE MANAGER TO PROCEED ON BEHALF OF THE VILLAGE;
PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES;
WHEREAS, the Fiscal Year 2019 General Fund #001 Budget currently includes
$439,900.00 of revenue restricted to uses by a local government infrastructure surtax
ordinance; and
WHEREAS, the Village wishes to transfer these funds to the Capital Improvement Fund
#301;
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE
VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS:
Section I Resolution No. 39-19 is hereby approved increasing the FY2018/2019
General Fund #00 1 Budget by appropriating Fund Balance in the amount of $43 9,900.00,
budgeting the transfer of those funds to the Capital Improvement Fund #301 and
increasing the FY2018/2019 Capital Improvement Fund #301 Budget by $439,900.00 to
recognize the transfer -in of these Funds;
Section 2 This Resolution shall become effective immediately upon passage.
RESOLUTION
39-19
Motion
Vice -Mayor Kristi Johnson
Mayor Abigail Brennan
Vice -Mayor Kristi Johnson
Council Member Vince Arena
Council Member Laurie Brando
Council Member Kyle Stone
Date
09/12/2019
Second
Council Member Vince Arena
VOTE
n
FOR ADOPTION
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❑✓
AGAINST ADOPTION ABSENT
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The Mayor thereupon declared the Resolution duly passed and adopted.
OF
MAYOR OF TEQUESTA ATTEST:
INCORPORATED
IL FLO Abigare an Lori McWilliams, MMC
Village Clerk