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HomeMy WebLinkAboutResolution_22-24_11/14/2024 RESOLUTION NO. 22-24 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA, AUTHORIZING AN AMENDMENT TO THE FISCAL YEAR 2023/2024 GENERAL FUND BUDGET, AND REFUSE & RECYCLING FUND BUDGET; PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES. WHEREAS, the Village Council of the Village of Tequesta, Florida has determined that the Budget for Fiscal Year 2023/2024 should be amended; and, WHEREAS, Florida Statutes, Section 166.241(7) provides that the governing body of each municipality at any time within a fiscal year or within 60 days following the end of the fiscal year may amend a budget for that fiscal year as follows: a) Appropriations for expenditures within a fund m be decreased or increased by motion recorded in the minutes if the total appropria ' n of the fund is not changed. b) The governing body may establish procedures by w ich the designated budget officer may authorize budget amendments if the total ap opriations of the fund is not changed. c) If a budget amendment is required for a purpose not specs cally authorized in paragraph(a)or paragraph(b),the budget amendment must be a opted in the same manner as the original budget unless specified in the municipality charter.; and, WHEREAS, the Village Council adopted the final budget for Fiscal Year 2023/2024 through resolution on September 21, 2023; NOW,THEREFORE,BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA,PALM BEACH COUNTY,FLORIDA,AS FOLLOW Section 1 Resolution 22-24, amending the Fiscal Year 2023/2024 Budget is hereby adopted in accordance with the attached"Exhibit A"' Section 2 This Resolution shall become effective immediately upon passage. Exhb$'A" ribs VILLAGE OF MQUISTA Uses Sources GENERAL OPERATING FUND $1001 (A) Leisure Services -Increase in Program Fees-Instructors Expenditures $ 80,000 -Increase in Recreation Program Fees Revenues 80,000 To record increase in progam expenditures due to substantial program utilization. BUDGET AMENDMENT TOTAL-FUND#001: $ 80,000 $ 80,000 Use of General Fund Reserves $ - -*REFUSE&RECYCLING FUND r (A) Refuse 6 Recycling Fund -Increase in Other Miscellaneous Charges&Obligations $ 3,000 -Increase in Solid Waste/Residential 750 -Increase in Recycling/Residential 365 -Increase in Yard Waste/Residential 740 -Reduction in Reserves 4,855 New state legislation requiring Non-Ad Valorem rate increase notifications&truing up on number of residential units serviced. BUDGET AMENDMENT TOTAL-FUND#402 $ 4,855 $ 4,855 Use of Refuse&Recycling Fund Reserves $ 4,855 Total Use of Reserves 4,855 BUDGET AMENDMENT#2 GRAND T0TAL/NET INCREASE TO BUDGET $ 84,855 $ 84,855 Page 1 r• RESOLUTION DATE 22-24 11/14/24 MOTION Vice-Mayor Rick Sartory SECOND Council Member Laurie Brandon FOR AGAINST ABSENT CONFLICT Mayor Molly Young Vice-Mayor Rick Sartory ✓� ❑ ❑ Council Member Laurie Brandon 7 ❑ ❑ Council Member Patrick Painter 7 ❑ Council Member Jayson E. French ✓� ❑ ❑ 1-1 The Mayor thereupon declared the Resolution duly passed and adopted. MAYOR OF TEQUESTA: Molly Young N...60 PoRy QG. ATTEST: _ /NcoppO�L D Lori McWilliams, MMC Village Clerk