HomeMy WebLinkAboutResolution_02-26_4/9/2026 RESOLUTION NO.02-26
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, FLORIDA, AUTHORIZING AN AMENDMENT TO THE
FISCAL YEAR 2025/2026 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 2025/2026 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 2025/2026
through resolution on September 11, 2025;
NOW,THEREFORE,BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE
VILLAGE OF TEQUESTA,PALM BEACH COUNTY,FLORIDA,AS FOLLOWS:
Section 1 Resolution 02-26, amending the Fiscal Year 2025/2026 Budget is hereby
adopted in accordance with the attached"Exhibit A"'
Section 2 This Resolution shall become effective immediately upon passage.
Exhibt'7�
VILLAGE OF •
BUDGET •
Uses Sources
• . •��
(A) Police-#175
FY2025-2026 Identity Theft and Fraud Grant-Personnel Costs $ 8,132
FY2025-2026 Identity Theft and Fraud Grant-Equipment/Supplies 1,868
State Grant Funds 10,000
-FDLE Identity Theft and Fraud Grant Approved at the November 13,2025 Regular Council Meeting
FY2025-2026 Local Firearm Safety Training Grant-Personnel Costs 18,777
FY2025-2026 Local Firearm Safety Training Grant-Equipment/Supplies 21,414
State Grant Funds 40,191
FDLE Firearm Safety Training Program Grant Approved at the December 11,2025 Regular Council Meeting
BUDGET AMENDMENT TOTAL-DEPT 175: $ 50,191 $ 50,191
Use of General Fund Reserves $ -
""BUILDING FUND-#101
(B) Building&Zoning-#180
Revenue-Site Plan Review Fees for Stormwater Utility Fund 50,000
Expenditure-Other Contractual Services 50,000
Implementing a new site plan review process for storm water
BUDGET AMENDMENT TOTAL-DEPT 180: $ 50,000 $ 50,000
Use of Building Fund Reserves $
IMPROVEMENT
(B) Parks-#230
State of Florida Tequesta Park Improvements Grant-Park Improvements $ 722,884
State Grant Funds 340,884
Unassigned Fund Balance 382,000
-State of FL Grant for Tequesta Park Improvements Approved at the June 12,2025 Regular Council Meeting
Tequesta Drive Bridge-Restoration Project 130,738
Tequesta Drive Bridge-CEI Services 43,013
Unassigned Fund Balance 173,751
Lowest Compliant Bid is$985,282.00.This exceeds the current budget by$130,738.00.CEI Services$43,013
BUDGET AMENDMENT TOTAL-DEPT 230: $ 896,635 $ 896,635
Use of Capital Improvement Fund Reserves $ 555,751
****WATER UTILITY FUND i
(C) Debt Service-k700
2025 State Revolving Loan-Principle $ 46,510
2025 State Revolving Loan-Interest 21,436
Unassigned Fund Balance 67,946
Final Amendment to the FDEP SRF Loan Agreement DWS02700 Approved at the September 11,2025 Regular Council Meeting.
BUDGET AMENDMENT TOTAL-DEPT 700: $ 67,946 $ 67,946
Use of Water Utility Fund Reserves $ 67,946
i • TO
BUDGET AMENDMENT GRAND TOTAL/NET INCREASE TO BUD $ 1,064,772 $ 1,064,772
Total Use of Reserves 623,697
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RESOLUTION DATE
02-26 04/09/26
MOTION Council Member Rick Sartory SECOND Council Member Laurie Brandon
FOR AGAINST ABSENT CONFLICT
Mayor Molly Young ❑ ❑ ❑
Vice-Mayor Patrick Painter ❑ ❑ ❑
Council Member Laurie Brandon ❑ ❑ ❑
Council Member Rick Sartory ❑✓ ❑ ❑ ❑
Council Member Kyle Stone ❑✓ ❑ ❑ ❑
The Mayor thereupon declared the Resolution duly passed and adopted.
MAYOR OF TEQUESTA:
Molly Yo g ,,, F,„I'
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SEAL n_
INCORPORATED
ATTEST:
FLOPS "°
Lori McWilliams, MMC
Village Clerk