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HomeMy WebLinkAboutResolution_79-06/07_09/13/2007RESOLUTION N0.79-06107 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AND AMENDING AND INCREASING THE 2006/2007 GENERAL FUND #001 BUDGET $147,882.07 BY INCREASING REVENUES AND EXPENDITURES IN THE ACCOUNTS LISTED BELOW AND AUTHORIZING THE VILLAGE MANAGER TO PROCEED ON BEHALF OF THE VILLAGE. Revenues: Insurance Premium Tax -Fire $73,949.72 Insurance Premium Tax -Police $73,932.35 Expenditures: Other Pension Contributions $147,882.07 WHEREAS, the Village of Tequesta received revenues from insurance premium tax proceeds check dated August 17, 2007; and WHEREAS, the funds must be used in accordance with Florida Statutes, Sections 175 and 185 related to funding of police and firefighter pensions; and WHEREAS, the funds are required to flow-through the General Fund #001; WHEREAS, this will not require appropriating Fund Balance NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS: Section 1. A resolution and amending and increasing the 2006/2007 General Fund #001 budget $147,882.07 by increasing revenues and expenditures in that amount as detailed above and authorizing the Village Manager to proceed on behalf of the Village, is hereby approved. The foregoing Resolution was offered Member Ame~o andkupon being putdto a votetlthe The motion was seconded by Coun vote was as follows: For Adoption Against Adoption Mayor Jim Humpage X Vice-Mayor Pat Watkins X Council Member Dan Amero X Council Member Tom Paterno X Council Member Calvin Turnquest X The Mayor thereupon declared the Resolution duly passed and adopted this 13 day of September, 2007. MAYOR OF TE Jiy~Humpage ATTEST: `e~~ttl111P!f///'~s, ~~~ ~ : ' . , QG iii r~ v; •G ~•'~~ ~. ` ' Lori McWilliams, CMC = ; I~co~~c; ;,~,;_~.• '~~a Village Clerk ° `~ • ~ ~ /~~~//0 III1 ~ ~i,~~i