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HomeMy WebLinkAboutDocumentation_Regular_Tab 8A_3/28/1991 VILLAGE OF TEQUESTA ►� ' i;;,(�� Post Office Box 3273 357 Tequesta Drive ;:;��� Tequesta,Florida 33469-0273 • (407)575-6200 s '`� _' ° FAX:(407)575-6203 Bf,�.�o. 4� fie" coUNti MEMORANDUM TO: Thomas G. Bradford, Village a er - FROM: Bill C. Kascavelis, Finance Dir or/Clerk DATE: March 22, 1991 SUBJECT: Budget Revisions for FY 1991 Budgets (Council Agenda Item 3/28/91) Attached is the "Revised Budget Document" for FY 1991. The revisions include the items recommended for deletion by the Finance and Administration Committee of Council at the meeting held March 14, 1991, which was also discussed by Council at the Village Council Meeting held the same day. Following is a list of the items deleted: Seabrook Road Drainage Project , $ 50,000 Public Works/Water Dept. Garage 37,000 Police Facility Space Needs Study 25,000 TOTAL DELETIONS GENERAL FUND & CAPITAL IMPROVEMENT FUND $ 112,000 Water/Public Works Dept. Garage $ 540,000 TOTAL $ 652,000 Other budget revisions included: 1 ) The reduction of revenues projected for the General Fund, per the recently completed revenue analysis. 2) Removal of Garbage/Refuse and Recycling from the General Fund and placement within the Water Enterprise Fund; 3 ) Inclusion of carry over encumbrances and reserves for encumbrances existing at September 30, 1990 within the FY 91 budgets; and, 4) Establishment of the Law Enforcement Trust Fund, required to account for criminal case forfeitures received by the. Village Police Department. BCK/krb Recycled Paper RESOLUTION NO. 12-90/91 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, 1990. WHEREAS, it was necessary for the Village of Tequesta to adopt budgets for the fiscal year commencing October 1, 1990; 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, 1991. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA AS FOLLOWS: Section 1. That the General Fund, Improvement Bond Revenue Fund, Improvement Bond Revenue Sinking Fund, Capital Improvement Fund, Water Enterprise Fund and Law Enforcement Trust Fund fiscal year budgets commencing October 1, 1990, be and are hereby amended and adopted pursuant to Exhibit "A" attached to 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 , A.D. , 1991. MAYOR OF TEQUESTA Joseph N. Capretta ATTEST: Bill C. Kascavelis Village Clerk I .