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HomeMy WebLinkAboutDocumentation_Regular_Tab 09_11/15/2021Agenda Item #9. Regular Council STAFF MEMO Meeting: Regular Council - Nov 15 2021 Staff Contact: Hugh Dunkley, Finance Director Department: Finance 11 RESOLUTION 56-21, A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA, AUTHORIZING AN AMENDMENT TO THE FISCAL YEAR 2021/2022 GENERAL FUND BUDGET; PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES. During FY2021, the Village received half of the $3.074 million of American Rescue Plan Act (ARPA) funding that was allocated to the Village. The total amount of ARPA spending budgeted for FY2022 amounts to $1,145,230. After discussion with our external auditors, staff is hereby requesting an amendment to our FY2022 budget to reflect the total ARPA federal grant revenue that is anticipated to be recognized during FY2022, $1,145,230, which is reflected in Exhibit A. This budget adjustment will neither increase nor decrease the overall General Fund budget. This document and any attachments may be reproduced upon request in an alternative format by completing our Accessibility Feedback Form, sending an e-mail to the Village Clerk or calling 561-768-0443. Staff recommends approval of the proposed budget amendment. BUDGET AMENDMENT RESOLUTION ARPA ADA FY22 Exhibit A - Budget Transfer Request ARPA-v2 Page 159 of 433 Agenda Item #9. RESOLUTION 56-21 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA, AUTHORIZING AN AMENDMENT TO THE FISCAL YEAR 2021/2022 GENERAL FUND BUDGET; PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES. WHEREAS, the Village Council of the Village of Tequesta, Florida has determined that the Budget for Fiscal Year 2021 /2022 should be amended; and WHEREAS, Florida Statutes, Section 166.241(7) provides that the governing body of each municipality at any time within a fiscal year or within 60 days following the end of the fiscal year may amend a budget for that fiscal year as follows: (a) Appropriations for expenditures within a fund may be decreased or increased by motion recorded in the minutes if the total appropriation of the fund is not changed. (b) The governing body may establish procedures by which the designated budget officer may authorize budget amendments if the total appropriations of the fund is not changed. (c) If a budget amendment is required for a purpose not specifically authorized in paragraph (a) or paragraph (b), the budget amendment must be adopted in the same manner as the original budget unless specified in the municipality's charter. WHEREAS, the Village Council adopted the final budget for Fiscal year 2021 /2022 through resolution on September 16, 2021. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS: Section 1: Resolution 56-21, amending the Fiscal Year 2021 /2022 Budget is hereby adopted in accordance with the attached "Exhibit A"; Section 2: This Resolution shall become effective immediately upon passage. Page 160 of 433 a m LLI 0 CM N 0 (Y) (N Ln Lr N O N M O co O N N L{j L � 6} E O u y cn : =3 -a C: LL � Q _ Q J L _ U 0 O a > C: L a)(u 0� _M CO O �r (%) 0 (� ca ' c- ^, W 70 O Q \ 1 � Q c O _ D E rl . v Q Q a T- ^(D � � N .N =3 co co coM m O ■� C O O O O CY) a i : m � T L.L L.L O O (a O Z N NO Q O Q N U N Q N F— O =3 Cl) C q J � U +� • a: C: Q N (� o o Page 51 of 433