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HomeMy WebLinkAboutResolution_13-21_3/11/2021RESOLUTION 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. 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) RESOLUTION Date 13-21 3-11-2021 Motion Council Member Frank D'Ambra Second Vice -Mayor Kyle Stone Mayor Abigail Brennan Vice -Mayor Kyle Stone Council Member Laurie Brandon Council Member Frank D'Ambra Council Member Bruce Prince FOR AGAINST ABSENT CONFLICT rXI ® 17 ri M ® F M M F rXI ® 1 The Mayor thereupon declared the Resolution duly passed and adopted. MAYOR OF TEQUESTA: ATTEST: U l fy tt wr'." Lori McWilliams, MMC Village Clerk V r�GpRPpRc� '•�u����c` �1TF0• � , 19b _