Loading...
HomeMy WebLinkAboutDocumentation_Regular_Tab 16_11/10/2022Agenda Item #16. Regular Council STAFF MEMO -D Meeting: Regular Council -Nov 10 2022 Staff Contact: Jeffery Snyder Department: Finance RESOLUTION NO. 36-22, A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA, AUTHORIZING AN AMENDMENT TO THE FISCAL YEAR 2021/2022 BUDGET Requesting to increase General Fund revenues and expenditures to recognize additional, un-budgeted revenues as well as recognizing unanticipated expenditures related contractual labor, legal expenditures, COVID emergency overtime, unanticipated/significant loss of staffing due to medical leave, and the impact of Hurricane Ian on overtime.. 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. PROJECT NAME: BUDGET: N/A ENCUMBERED: 0 Proposed: Projected Remaining: N/A N/A Approve Resolution 36-22 amending the Fiscal Year 2021 /2022 Budget inn accordance with the attached Exhibit A. 2022.11.10 FISCAL YEAR 2021-22 FINAL BUDGET AMENDMENT RESOLUTION 36.22 2022.11.10 FISCAL YEAR 2021-22 FINAL BUDGET AMENDMENT RESOLUTION 36.22-EXHIBIT A.docx Page 374 of 475 Agenda Item #16. RESOLUTION NO.36-22 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA, AUTHORIZING AN AMENDMENT TO THE FISCAL YEAR 2021/2022 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.; and, 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 3 6-22, 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 375 of 475 Agenda Item #16. Exhibit A (A) Planning Department Uses I Sources -Increase Legal Services Expenditures $ -Increase Other Contractual Services Expenditures -Increase Land Development Fee Revenues ('Recognizing increases in unbudgeted contractual labor and increased legal expenditures. Increase in 12,500 5,000 $ 17,500 Land Development Fees Revenue which resulted in these additional charges.) (B) Fire Department -Increase Regular Salaries & Wages Expenditures 18,270 -Increase Overtime Expenditures 30150 -Increase Overtime - COVID Expenditures 36,500 -Increase VOT Pension Contribution PSO Expenditures 30,300 -Increase Other Pension Contributions Expenditures 28,750 -Increase Ad Valorem Taxes -Current Revenues 52,970 -Increase Utility Tax -Electricity Revenues 64,000 -Increase Communication Servcies Tax (CST) Revenues 27,000 (Relates to COVID emergency overtime, Hurricane Ian cost of staffing during the emergency declaration impacted not only overtime but salaries, and staffing shortages due to medical leave which has impacted the overtime. ) BUDGET AMENDMENT TOTAL - FUND #001: Use of General Fund Reserves $ Use of Reserves BUDGET AMENDMENT GRAND TOTAL/NET INCREASE TO BUDGET Page 1 Page 376 of 475