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HomeMy WebLinkAboutResolution_19-24_9/12/2024 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 11 of each year and end on September 301 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. 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. Exhibit A VILLAGE OF TEQUESTA SUMMARY LISTING OF ALL BUDGETS FY 2024-2025 BUDGET 2024-2025 BUDGET General Fund - #001 $ 19,5101206 Building Fund #101 11251,804 Capital Improvement Fund #301 11216,351 Capital Projects Fund #303 1,7011500 Water Fund #401 21,764,078 Refuse & Recycling Fund #402 742,993 Stormwater Fund #403 836,600 Special Law Enforcement Fund # 605 131,009 Vehicle Replacement Fund #501 1,547,836 Village Total $ 48,702,377 v RESOLUTION DATE 19-24 09/12/24 MOTION Vice-Mayor Rick Sartory SECOND Council Member Jayson E. French FOR AGAINST ABSENT CONFLICT Mayor Molly Young ❑✓ ❑ ❑ Vice-Mayor Rick Sartory 0✓ ❑ ❑ Council Member Laurie Brandon ❑✓ ❑ ❑ Council Member Patrick Painter ❑✓ ❑ ❑ ❑ Council Member Jayson E. French ✓❑ ❑ ❑ ❑ The Mayor thereupon declared the Resolution duly passed and adopted. MAYOR OF TEQUESTA: Molly Young ATTEST: I.- SiEAL 'sD= INCORPORATED j Lori McWilliams, MMC Village Clerk