HomeMy WebLinkAboutResolution_58-19_12/12/2019RESOLUTION 58-19
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, FLORIDA, AMENDING THE FISCAL YEAR 2019/2020
GENERAL FUND #001 BUDGET TO RECOGNIZE LEASE PURCHASE
PROCEEDS AND ADJUST POLICE CAPITAL OUTLAY AND DEBT
SERVICE ACCOUNTS TO REFLECT THE ACQUISITION OF THREE
POLICE VEHICLES THROUGH A LEASE AGREEMENT WITH
ENTERPRISE FLEET MANAGEMENT; PROVIDING AN EFFECTIVE
DATE; AND FOR OTHER PURPOSES.
WHEREAS, the Fiscal Year 2019/2020 General Fund Budget currently includes
$90,000.00 for the purchase of two police vehicles;
WHEREAS, the police department is requesting to lease three vehicles in lieu of
purchasing the two currently budgeted in Fiscal Year 2019/2020;
WHEREAS, the Fiscal Year 2019/2020 General Fund Budget will be amended as
specified in the attached "Exhibit A";
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE
VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS:
Section 1: Resolution 58-19, amending the Fiscal Year 2019/2020 General
Fund Budget to recognize lease purchase proceeds and adjust police capital outlay and
debt service accounts to reflect the acquisition of three police vehicles through a lease
agreement with Enterprise Fleet Management is hereby approved;
Section 2: This Resolution shall become effective immediately upon passage.
EXHIBIT A - FY2019/2020 BUDGET
INCREASE
FUND 001 --REVENUES
ORIGINAL BUDGET AMENDED BUDGET
(DECREASE)
REVISED OF CHANGE
General Property Taxes
7,482,400
7,482,400
-
-BUDGET -EXPLANATION
7,482,400
Sales & Use Taxes
1,547,900
1,547,900
-
1,547,900
Franchise fees - gross receipt
460,000
460,000
460,000
Licenses & Permits
737,100
737,100
-
737,100
Intergovernmental Revenue __._
888,300
888,300
-
888,300
Chgs for Sery - Gen Gov
_...__..
172,000
172,000
_._._
-
........
172,000
Intragovernmental Revenue
725,450
725,450
-
725,450
Chgs for Sery - Public Safety
1,162,900
1,162,900
-
1,162,900
Charges for Services - Recr.
76,050
76,050
-
76,050
Fines & Forfeitures
16,000
16,000
-
16,000
Unrestricted Investment Earnings
115,000
115,000
-
115,000
Rents & Royalties
221,600
221,600
-
221,600 s
Impact Fees
1,000
1,000
-
1,000
Other Financing Sources
15,000
45,736
96,505
142,241 Proceeds from lease
Miscellaneous Revenues
49,750
49,750
15,689
65,439 Proceeds from vehicle sales
Contributions & Donations
5,000
5,000
5,000
TOTAL REVENUES
$ 13,675,450 $
_ _ _
13,706,186 $ 112,194
$ 13,818,380
i
FUND 001 EXPENDITURES
100 - Council
68,050
68,050
-
68,050
110 Manager
286,100
286,100
286,100
111-Human Resources
386,750
386,750
-
386,750
120 - Village Clerk
370,150
370,150
-
370,150 ��-
130 - Finance
425,400
425,400
-
425,400
140 - Legal
180,000
180,000
180,000
150 - Comprehensive Planning
163,800
163,800
-
163,800
160 - General Government
299,200
306,000
-
306,000
161 - IT
219,400
219,400
-
219,400
1175 - Police Department
3,394,230
3,394,230
22,194
3,416,424 Police vehicles (3)
M 180 - Building & Zoning
680,750
696,791
-T
696,791
._ .._._
181 - Code Compliance
_..,.,....._,.
93,750
93,750
_.._ _..m ..
93,750
192 - Fire Control
4,263,150
4,293,886
-
4,293,886
210 - Public Works
1,408,500
1,405,400
-
1,405,400
231- Leisure Services
690,650
686,950
-
686,950
700 - Debt Service
456,120
456,120
18,909
475,029 Lease Pymts for 10 months
900 - Interfund Transfers
127,100
127,100
_ -
127,100
950 - Other Nonoperating
-- 162,350------------
-----
146,30971,091
217,400 Allocation to fund balance (savings)
TOTAL EXPENDITURES
---
$ 13,675,450 $
----------_--
13,706,186 $
112,194 $
13,818,380 - -
RESOLUTION
58-19
Motion
Second
Date
12/12/2019
Vice -Mayor Kristi Johnson Council Member Vince Arena
VOTE
FOR ADOPTION AGAINST ADOPTION ABSENT
Mayor Abigail Brennan ❑✓ ❑
Vice -Mayor Kristi Johnson ❑✓ ❑
Council Member Vince Arena ❑✓ ❑ ❑
Council Member Laurie Brandon ✓0 ❑ ❑
Council Member Kyle Stone ❑✓ ❑
The Mayor thereupon declared the Resolution duly passed and adopted
MAYOR OF TEQUESTA
ATTEST: 'C?" .p,POR,gT�!�
SEAL
.INCORPORATED
'14117iuirm F F` 001"
Lori McWilliams, MMC
Village Clerk