HomeMy WebLinkAboutDocumentation_Regular_Tab 8C_12/19/1991 y..
VILLAGE OF TEQUESTA
Post Office Box 3273 • 357 Tequesta Drive
Tequesta,Florida 33469-0273 • (407)575-6200
7.?,n . Fax:(407)575-6203
de �>>.,3x4v
A
CN cow+
MENICIFEAMDLTNIZ.
TO: Village Council
FROM: Thomas G. Bradford, Village Manager 7
DATE: December 11, 1991
SUBJECT: Budget Amendment; Agenda Item
We need to amend the Village Budgets to accommodate two Water
Department Capital Projects. The Telemetry Project, which allows
monitoring and control of well sites from the Treatment Plant needs
an allocation of $10, 195 for software and installation which is not
anticipated to arrive in Tequesta until mid-January. Funds were
allocated for this last year and a purchase order issued to encumber
the funds, but said purchase order is no longer valid this far into
the new fiscal year. Thus, we need to reappropriate funds to pay the
bill when the software arrives. Second is the Old Dixie Water Main
Work needed to accomodate the new road. Our total budget, as seen
below, was $160,000. The work on Old Dixie began in August, so we
anticipated all of the utility work, which is done first, to be done
by October 1. This did not happen, so for FY 1992 we allocated funds
_to do what we thought would be remaining to be paid. This did not
happen either. Consequently, we did not spend construction funds
last fiscal year and will have to amend the budget to have funds
available for all construction this year.
= CURRENT PROPOSED
FY 1991 FY 1992 1992
ALLOCATION ALLOCATION ALLOCATION
•
' • O Telemetry Project $ 61, 199 0 $ 10, 195
O Old Dixie W/Main $160,000 $84,325 $132, 080
Relocation and
Conflicts
It is recommended that the Village Council adopt Resolution , 5-91/92.
TGB/krb
Attachments
Recycled Paper
r •
!{A �_o_
v J
VVILLAGE OF TEQUESTA r��� viuAGE of
111
cb
„�. Post Office Box 3273 • 357 Tequesta Drive
,..77:, t a Tequesta, Florida 33469-0273 • (407) 575-6200 i TEQUtSTA g
�1� ►9 FAX: (407) 575 6203 1 DEC 121991®
ee Vtit t
" CO • VILLAGE V
MANAGER'S
OFFICE I/
`\
MEMORANDUM
TO: Thomas G. Bradford, Villa ana e
FROM: Bill C. Kascavelis, Finance D' ector
DATE: December 11, 1991
SUBJECT: Amendment To The Water Enterprise Fund FY 92
Budget For Carryover Encumbrances Outstanding
On September 30, 1991
The following listed revisions to the Water Department FY 92
Budget are necessitated for the payment of purchase orders
outstanding at the close of FY 91. As a result of the high volume of
projects being undertaken within the Water Department, it was
virtually impossible to project accurately the amounts to be carried
forward in all operating accounts for the FY 92 Budget.
The budget revisions will not have a negative effect on the FY
92 Budget since such appropriations contained in the FY 91 Budget
were anticipated to be expended by the end of the fiscal year.
A sumarization of the budget revisions are as follows:
1) A/C 42-39-533-8-3-5497
Telemetry Wells 7, 18, 19,20 & 23 $ 1O, 195.
( This amount represents the final payment due on
PO #1137 to. Florida Measurement and Control
( AQUATROL) . Work was not completed by 9/30/91) .
2) A/C 42-39-533-8-3-6498
Old Dixie Water Main Relocation
and Conflicts $ 47,755.
( Additional funding required to complete the project
per the contract with Palm Beach County) .
These items are reported on page WDE-4 of Exhibit A of the FY 92
Budget Resolution.
Respectfully submitted.
BCK: moc
• Recycled Paper
RESOLUTION NO. 5-91/92
•
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE
OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, PROVIDING
FOR AMENDMENTS TO THE VILLAGE BUDGETS ADOPTED FOR
THE FISCAL YEAR COMMENCING OCTOBER 1, 1991.
WHEREAS, it was necessary for the Village of Tequesta to
adopt budgets for the fiscal year commencing October 1, 1991;
and
WHEREAS, the Village Council of the Village of Tequesta,
Florida deems it necessary and appropriate to amend said
budgets to provide appropriations adequate for the
authorization of expenditures necessary for conducting Village
operations through the fiscal year ending September 30, 1992.
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF
THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS
FOLLOWS:
Section 1. That the Water Enterprise Fund fiscal year
budgets commencing October 1, 1991, be and are hereby amended
and adopted pursuant to Exhibit "A" attached and made a part
of this Resolution.
Section 2. The Village Manager is hereby authorized to
execute "Intra-Fund" Transfers within the line item
appropriations of individual Village Fund Budgets, as he deems
necessary throughout the fiscal year, to enable continuity of
municipal operations.
THE FOREGOING RESOLUTION was offered by
Councilmember , who moved its
adoption. The motion was seconded by
Councilmember and upon being
put to a vote, the vote was as follows:
FOR ADOPTION AGAINST ADOPTION
The Mayor thereupon declared the Resolution duly passed and
adopted this day of , 1991.
MAYOR OF TEQUESTA
Joseph N. Capretta
ATTEST: �
Joann Manganiello
Village Clerk
REVENUE FUND EBT SERVICE
' 85 SERIES REFUNDING BONDS
DEBT SERVICE EXPENSE
Bond Principal $ 100,000
Bond Interest 87,005
Bond Amortization ( 2007 Year Bond) 140, 000
Other Debt Service Expenses 3,000
TOTAL $ 330,005
NON-GOVERNMENTAL INTER-FUND TRANSFERS
TRANSFERS TO:
Capital Improvement Fund $ 60, 650
TOTAL $ _ 60,650
TOTAL OPERATING, DEBT SERVICE &
NON-GOVERNMENTAL EXPENSES $2, 192, 105
CAPITAL OUTLAY SYSTEM IMPROVEMENTS
RENEWAL AND REPLACEMENT FUND
Equipment Replacement $ 168, 585
TOTAL $ 168,585
CAPITAL IMPROVEMENT FUND
Old Dixie W/Main Relocation $ 132,080
and Conflicts
Telemetry Wells 7, 18, 19. 20 & 23 10, 195
TOTAL $ 142,275
RETAINED EARNINGS ACCOUNT
Well *24 Improvement Project $ 275,000
Well *25, 26, and 27 1, 109,500
Storage Tank 2MG 598,000
Equipment Replacement 15.000
TOTAL $1,997,500
TOTAL CAPITAL OUTLAY EXPENDITURES $2,308,360
WDE-4