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HomeMy WebLinkAboutDocumentation_Regular_Tab 20_3/11/2021Agenda Item #20. Regular Council STAFF MEMO Meeting: Regular Council -Mar 11 2021 Staff Contact: Jose Rodriguez, Building Official Department: Building _TITLE RESOLUTION 13-21. A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA, ADOPTING A SUPPLEMENTAL APPROPRIATION TO THE BUILDING FUND #101 BUDGET FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2021; PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES. RESOLUTION 13-21, A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA, AMENDING AND INCREASING THE 2020/2021 BUILDING FUND #101 BUDGET BY INCREASING REVENUES AND EXPENDITURES BY $300,000 AND APPROPRIATING FUNDS TO PROVIDE ADDITIONAL FUNDING FOR CAPITAL OUTLAY EXPENDITURES FOR IN-HOUSE PRINTING SERVICES FOR CONTRACTORS AND RESIDENTS. Approve amending and increasing the 2020/2021 Building Fund #101 fund budget for capital outlay expenditures. ATTACHMENTS: VWM 1 0 Page 163 of 184 Agenda Item #20. RESOLUTION 13-21 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA, ADOPTING A SUPPLEMENTAL APPROPRIATION TO THE BUILDING FUND #101 BUDGET FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2021; PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES. WHEREAS, there are available for appropriation revenues or unappropriated fund balance in excess of those originally estimated in the Building Fund's budget for Fiscal Year 2020/2021; WHEREAS, the Building Department is requesting an increase in its budget to provide additional funding to cover capital outlay expenditures in connection with its operations; WHEREAS, the Fiscal Year 2020/2021 Building 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 13-21, amending and increasing the Fiscal Year 2020/2021 Building Fund Budget to recognize additional building permit revenues and by appropriating funds to provide additional funding for capital outlay expenditures; Section 2: This Resolution shall become effective immediately upon passage. Page 164 of 184 Agenda Item #20. EXHIBIT A Building Fund #101 — Budget Amendment Total Budgetary Impact ($300,000) Account No. 101-180-322.000: Increase by $300,000 (Bldg Permit Revenue) Account No. 101-180-664.601: Increase by $45,000 (Capital Outlay) Account No. 101-990-399.999: Decrease by $146,950 (Appropriate Fund Balance) Account No. 101-950-590.001: Increase by $108,050 (Allocate to Fund Balance) Page 165 of 184