HomeMy WebLinkAboutDocumentation_Regular_Tab 22_5/8/2025 Agenda Item #22.
Regular Council
STAFF MEMO
Meeting: Regular Council - May 08 2025
Staff Contact: Jeffery Snyder, Finance Director Department: Finance
RESOLUTION 09-25, A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, FLORIDA, AUTHORIZING AN AMENDMENT TO THE FISCAL YEAR 2024/2025
GENERAL FUND BUDGET, WATER FUND BUDGET, AND SPECIAL LAW ENFORCEMENT
TRUST BUDGET; PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES.
Periodically Staff finds the need to request an amendment to the planned spending budget and
increase appropriations, the legal authority to spend public funds. Generally, this is due to new grants
awarded to the Village, new plans/improvements to operations, emergencies, or simply costs that
were under estimated during the original creation of the budget. The significant increase for budget
amendment #1 relates to the IAFF negotiation settlement after the annual budget was adopted
($428,051). Tequesta Police Department ($101,743). Public Works for damaged street light
($10,000). The Water Fund is amending their budget for improvements to the water treatment plant,
to cover unanticipated cost increases ($785,000).
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 AMOUNT AVAILABLE N/A EXPENDITURE AMOUNT: N/A
$173397794
FUNDING SOURCES: Additional Revenues & IS THIS A PIGGYBACK:
Reserves ❑ Yes 0 N/A
DID YOU OBTAIN 3 QUOTES?
❑ Yes 0 N/A
COMMENTS/EXPLANATION ON SELECTIONN/A
POTENTIAL MOTION / DIRECTION REQUESTED"��� A
Please consider adopting resolution 09-25 amending the Fiscal Year 2024/2025 budget.
Page 217 of 496
Agenda Item #22.
FY2025 Budget Amendment#1 Resolution 09-25
FY 2024-25 BA#1 Attachment A
Page 218 of 496
Agenda Item #22.
RESOLUTION NO. 09-25
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, FLORIDA, AUTHORIZING AN AMENDMENT TO THE
FISCAL YEAR 2024/2025 GENERAL FUND BUDGET, WATER FUND
BUDGET, AND SPECIAL LAW ENFORCEMENT TRUST 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 2024/2025 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 may be decreased or increased by
motion recorded in the minutes if the total appropriation of the fund is not changed.
b) The governing body may establish procedures by which the designated budget
officer may authorize budget amendments if the total appropriations of the fund is
not changed.
c) If a budget amendment is required for a purpose not specifically authorized in
paragraph(a) or paragraph(b), the budget amendment must be adopted in the same
manner as the original budget unless specified in the municipality's charter.; and,
WHEREAS, the Village Council adopted the final budget for Fiscal Year 2024/2025
through resolution on September 12, 2024;
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE
VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS:
Section 1 Resolution 09-25, amending the Fiscal Year 2024/2025 Budget is hereby
adopted in accordance with the attached"Exhibit A"'
Section 2 This Resolution shall become effective immediately upon passage.
Page 219 of 496
Agenda Item #22.
Exhibit"A"
FILENAME: FY i
VILLAGE
BUDGETAMENDMENT
FY 2024-25
Uses Sources
•' W11,•lug
(A) Police Department-#175
Disaster Overtime-Hurricane Milton $ 23,950
Operations Overtime-FDOT Safety Funds Grant 30,000
VOT Pension Contributions-Public Safety 47,793
State Grants-FDOT Safety Funds Grant 30,000
Interest Revenues 71,743
Tentatively approved BUDGET AMENDMENT TOTAL-DEPT 175: $ 101,743 $ 101,743
Use of General Fund Reserves $ -
(B) Fire Department-#192
Regular Salaries and Wages-IAFF Contract Negotiations $ 202,300
Overtime-IAFF Contract Negotiations 33,000
Disaster Overtime-Hurricane Milton 25,000
Payroll Taxes-IAFF Contract Negotiations 49,000
Pension Contributions-IAFF Contract Negotiations 70,000
Pension Contributions-Insurance Premium Taxes 48,751
EMS Transport Fees 150,000
Interest Revenues 50,000
Reduction in Transfers to Capital Projects 228,051
BUDGET AMENDMENT TOTAL-DEPT 192: $ 428,051 $ 428,051
Use of General Fund Reserves $ -
(C) Public Works Department-#210
Misc.Projects-Replace Decorative Streetlight Destroyed by 09/10/24 Accident $ 10,000
Insurance Reimbursement-09/10/24 Property Damage 10,000
BUDGET AMENDMENT TOTAL-DEPT 210: $ 10,000 $ 10,000
Use of General Fund Reserves $ -
BUDGET AMENDMENT TOTAL-FUND 001: $ 539,794 $ 539,794
Use of General Fund Reserves $ -
(A) Water Capital Improvements Department-#412
Improvements Other than Buildings $ 785,000
Unrestricted Net Position 785,000
Tenatively approved Oct 10,2024 BUDGET AMENDMENT TOTAL-DEPT 412: $ 785,000 $ 785,000
Use of Water Fund Reserves $ 785,000
BUDGET AMENDMENT TOTAL-FUND 401: $ 785,000 $ 785,000
Use of Water Fund Reserves $ 785,000
ENFORCEMENT****SPECIAL LAW •.1
(A) Police Department-#171
Marine Unit Operations $ 15,000
Unassigned Fund Balance 15,000
BUDGET AMENDMENT TOTAL-DEPT 171: $ 15,000 $ 15,000
Use of Special Law Enforcement Reserves $ 15,000
BUDGET AMENDMENT TOTAL-FUND 605: $ 15,000 $ 15,000
Use of Special Law Enforcement Reserves $ 15,000
TOTAL/NET****BUDGET AMENDMENT#1 TO
BUDGET AMENDMENT#1 GRAND TOTAL/NET INCREASE TO BUDGET $ 1,339,794 $ 1,339,794
Total Use of Reserves 800,000
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