HomeMy WebLinkAboutResolution_40-20_11/12/2020RESOLUTION NO.40-20
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, FLORIDA, AMENDING AND INCREASING THE FISCAL
YEAR 2019/2020 GENERAL FUND #001 BUDGET BY $91,376.00 TO
RECOGNIZE CASUALTY INSURANCE PREMIUM TAXES RECEIVED
IN FISCAL YEAR 2019/2020; PROVIDING AN EFFECTIVE DATE; AND
FOR OTHER PURPOSES.
WHEREAS, the Village received Chapter 185 Casualty Insurance Premium Taxes in the
amount of $91,375.40 in Fiscal Year 2019/2020;
WHEREAS, the Village budgeted to receive Chapter 185 Casualty Insurance Premium
Taxes in the amount of $0.00 in Fiscal Year 2019/2020;
WHEREAS, the Fiscal Year 2019/2020 Budget will increase as follows:
Dr. 001-175-522.110 Other Pension Contributions $91,376.00
Cr. 001-000-312.520 Casualty Insurance Premium Tax $91,376.00
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE
VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS:
Section 1 Resolution No. 40-20 is hereby approved amending and increasing the
Fiscal Year 2019/2020 General Fund #001 Budget by $91,376.00 to recognize Casualty
Insurance Premium Taxes received in Fiscal Year 2019/2020;
Section 2 This Resolution shall become effective immediately upon passage.
RESOLUTION Date
40-20 11 /12/20
Motion Council Member Frank D'Ambra
Second Vice -Mayor Kyle Stone
FOR
AGAINST
ABSENT CONFLICT
Mayor Abigail Brennan
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Vice -Mayor Kyle Stone
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Council Member Laurie Brandon
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Council Member Frank D'Ambra
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Council Member Bruce Prince
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The Mayor thereupon declared the Resolution duly passed and adopted.
MAYOR OF TEQUESTA:
ATTEST:
Lori McWilliams, MMC
Village Clerk
_ SEAL
iINCORPORASED