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HomeMy WebLinkAboutDocumentation_Special Meeting_Tab 03_9/12/2024 Agenda Item #3. Special Council Meeting STAFF MEMO Meeting: Special Council Meeting - Sep 12 2024 Staff Contact: Mayor Molly Young Department: Council Resolution 19-24, A Resolution of the Village Council of the Village of Tequesta, Florida, Adopting its Final Budget for Fiscal Year 2024/2025; Providing that the Budget Hereby Adopted ma be Adjusted or Modified by Subsequent Resolutions of the Village Council, or otherwise, Under Certain Circumstances; Providing for 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 INFORMATION: BUDGET AMOUNT N/A AMOUNT AVAILABLE N/A EXPENDITURE AMOUNT: N/A FUNDING SOURCES: N/A IS THIS A PIGGYBACK: ❑ Yes ❑ N/A DID YOU OBTAIN 3 QUOTES? ❑ Yes ❑ N/A COMMENTS/EXPLANATION ON SELECTIONN/A now RES 19-24-TRIM-2024-RESOLUTION ADOPTING THE BUDGET Exhibit A - FY 2024-2025 Page 381 of 384 Agenda Item #3. RESOLUTION NO. 19-24 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA, ADOPTING ITS FINAL BUDGET FOR FISCAL YEAR 2024-2025; 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 1" 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 2024-2025; 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 382 of 384 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 383 of 384 Agenda Item #3. Exhibit A VILLAGE OF TEQUESTA SUMMARY LISTING OF ALL BUDGETS FY 2024-2025 BUDGET 2024-2025 BUDGET General Fund - #001 $ 1915101206 Building Fund #101 111251#4804 Capital Improvement Fund #301 112161351 Capital Projects Fund #303 117011500 Water Fund #401 2117641078 Refuse & Recycling Fund #402 7421993 Stormwater Fund #403 8361600 Special Law Enforcement Fund # 605 131,1009 Vehicle Replacement Fund #501 115471836 Village Total $ 48,p702,377 Page 384 of 384