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HomeMy WebLinkAboutDocumentation_Special Meeting_Tab 03_9/21/2023Agenda Item #3. Special Council Meeting STAFF MEMO Meeting: Special Council Meeting - Sep 21 2023 Staff Contact: Jeremy Allen, Village Manager Department: Manager Resolution No. 24-23, A Resolution of the Village Council of the Village of Tequesta, Florida, Adopting its Final Budget for Fiscal Year 2023-2024; Providing that the Budget Hereby Adopted may be Adjusted or Modified by Subsequent Resolution of the Village Council, or Otherwise, Under Certain Circumstances; Providing an Effective Date; and for Other Purposes. 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. BUDGET AMOUNT 42,579,751 FUNDING SOURCES: Various DID YOU OBTAIN 3 QUOTES? ❑ Yes 0 N/A AMOUNT AVAILABLE N/A EXPENDITURE AMOUNT: N/A IS THIS A PIGGYBACK: ❑ Yes 0 N/A COMMENTS/EXPLANATION ON SELECTIONN/A Consider Adopting the Fiscal Year 2023-2024 Operating and Capital Budget. RES 24-23 Budget Adoption 2023-24 Final Page 9 of 12 Agenda Item #3. RESOLUTION NO. 24-23 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA, ADOPTING ITS FINAL BUDGET FOR FISCAL YEAR 2023-2024; PROVIDING THAT THE BUDGET HEREBY ADOPTED MAY BE ADJUSTED OR MODIFIED BY SUBSEQUENT RESOLUTION OF THE VILLAGE COUNCIL, OR OTHERWISE, UNDER CERTAIN CIRCUMSTANCES; PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES. WHEREAS, the Village of Tequesta has established its fiscal year to begin on October 1st of each year and end on September 30th of the following year; and WHEREAS, Section 166.241(2), Florida Statutes, requires each municipality to adopt a budget each fiscal year by ordinance or resolution, unless otherwise specified in the respective municipality's charter; and, WHEREAS, the Charter of the Village of Tequesta is silent with regard to method of adoption of the budget and the Village Council desires to adopt its budget by resolution; and, WHEREAS, the Village of Tequesta has held the required budget hearings in accordance with Chapter 200, Florida Statutes; and, WHEREAS, having considered the estimates of revenues and expenses, it is the will and desire of the Village Council that the final budget be approved and adopted as set forth herein. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, THAT: Section 1: The Village Council of the Village of Tequesta, Florida, hereby adopts its budget for fiscal year 2023-2024; which budget is attached hereto as Exhibit "A" and made a part hereof as if fully set forth herein. Section 2: Any and all expenditures/expenses incurred, and disbursements made on behalf of the Village during the period aforesaid, shall not exceed the maximum sums set forth therein for each of the Village's funds without the approval of Village Council at a duly convened meeting. The Village Manager shall have the authority to make transfers between departmental budgets, but this authority does not extend to transfer between funds; provided, however, that except in the case of an emergency, a fund budget may not be exceeded without prior approval of the Village Council at a duly convened meeting. Section 3: Amendments other than those delineated in Section 2 above must be adopted by resolution. Page 10 of 12 Agenda Item #3. Section 4: The Village Clerk shall mail a copy of this resolution to the Palm Beach County Property Appraiser, to the Palm Beach County Tax Collector, and to the State of Florida, Department of Revenue within (3) days after its adoption. Section 5: The Village Clerk shall, within (30) days of the effective date of this resolution, certify to the State of Florida, Department of Revenue that the Village has complied with all statutory requirements in adopting the millage rate and budget. The Village Clerk shall transmit to the Department a copy of this resolution, a copy of the certification of value showing the rolled -back rate and proposed millage rates as provided to the Property Appraiser and a certified copy of the published advertisement of the final budget public hearing. Section 6: The adopted budget shall immediately be posted conspicuously on the Village of Tequesta website. Section 7: This Resolution shall take effect immediately upon its adoption by the Village Council. Page 11 of 12 Agenda Item #3. Exhibit A VILLAGE OF TEQUESTA SUMMARY LISTING OF ALL BUDGETS FY 2023-2024 BUDGET General Fund - #001 Building Fund #101 Capital Improvement Fund #301 Capital Projects Fund #303 Water Fund #401 Refuse & Recycling Fund #402 Stormwater Fund #403 Special Law Enforcement Fund # 605 Village Total 2023-2024 BUDGET $ 17,444,200 1,187,970 11253,964 2,084,895 19,004,143 612,600 827,318 164,661 $ 42,579,751 Page 12 of 12