HomeMy WebLinkAboutResolution_35-09_11/12/2009RESOLUTION NO. 35-09
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA,
FLORIDA, AMENDING AND INCREASING REVENUES AND EXPENDITURES IN
THE 2008/2009 GENERAL FUND #001 BUDGET BY $202,002 AS THE VILLAGE
RECEIVED UNBUDGETED REVENUE FROM INSURANCE PREMIUM TAXES
AND EXPENDED AN EQUAL AMOUNT IN ADDITIONAL PENSION
CONTRIBUTIONS AS REQUIRED BY FLORIDA STATUTES SECTIONS 175
AND 185; PROVIDING FOR AN EFFECTIVE DATE AND FOR OTHER
PURPOSES.
Whereas, the Village of Tequesta received unbudgeted revenues from insurance
premium tax proceeds and expended additional pension contributions as follows
Revenues:
Insurance premium tax-fire $136,854
Insurance premium tax-police $65,148
Expenditures:
Other pension contributions-fire $136,854
Other pension contributions-police $65,148
Whereas, the funds must be used in accordance with Florida Statutes,
Sections 175 and 185 related to funding of police and firefighter pensions;
Whereas, the funds are required to flow-through the General Fund #001;
Whereas, this will not require appropriating additional Fund Balance.
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS:
Section 1 The foregoing resolution amending and increasing the 2008-2009
General Fund #001 budget $202,002 is approved.
Section 1 This Resolution shall become effective immediately upon passage.
The foregoing Resolution was offered by Vice-Mayor Paterno who moved its adoption.
The motion was seconded by Council Member Humpage and upon being put to a vote,
the vote was as follows:
Mayor Pat Watkins
Vice-Mayor Tom Paterno
Council Member Vince Arena
Council Member Jim Humpage
Council Member Calvin Turnquest
For Adoption Against Adoption
X
X
X
X
X
The Mayor thereupon declared the Resolution duly passed and adopted this 12t" day of
November, 2009.
MAYOR OF TEQUESTA
ATTEST:
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Lori McWilliams, CMC
Village Clerk =~. /~CO~~'9`
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Pat Watkins