HomeMy WebLinkAboutDocumentation_Regular_Tab 09_07/13/2006 VILLAGE OF TEQUESTA
MEETING AGENDA ROUTING SHEET
MEETING DATE:
REQUESTED ACTION/SUMMARY:
Adjusting budgeted insurance expenditure accounts to reflect actual insurance expenses
related to general liability insurance in the 2005-2006 budget in the following funds:
General Fund #001, Water Utility Fund #401 and Stormwater Utility Fund #403 and
increasing / decreasing appropriated fund balances accordingly.
RESOLUTION OR ORDINANCE NUMBER: Res # Ord #
ORIGINATING DEPARTMENT: _Finance for various departments
FLTNDING SOURCE: 2005/2006 BUDGET
ACCOUNT NUMBER: Various
CURRENT BUDGETED AMOUNT AVAILABLE: $ N/A
AMOUNT OF THIS ITEM: $ N/A
AMOUNT REMAINING AFTER THIS ITEM: $ N/A
BUDGET TRANSFER REQUIRED: L� Yes ❑ No
APPROPRIATE FUND BALANCE: L� Yes ❑ No
Piggyback Contract Name and #:
Or
Competitive Bid #
APPROVALS:
,,. j
DEPARTMENT HEAD:` ' - 1' � .
' ._ _
�__ , �
FINANCE DIRECTOR: ' :� c� `� -"" ��;
VILLAGE MANAGER `" � �
�
VILLAGE MANAGEI2��COMMENDATION:
APPROVE ITEM: 0�
DENY ITEM: ❑
VILLAGE ATTORNEY: APPROVED FOR LEGAL SUFFICIENCY
❑ Yes ❑ No
❑ Not Applicable (n/a)
•
RESOLUTION NO. 88-OS/06
A RESOLUTION OF THE VILLAGE COUNCIL OF THE
VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA,
ADJUSTING BUDGETED INSURANCE EXPENDITURE
ACCOUNTS TO REFLECT ACTUAL INSURA,NCE EXPENSES
RELATED TO GENERAL LIABILITY INSURANCE IN THE 2005-
2006 BUDGET IN THE FOLLOWING FUNDS: GENERAL FUND
#001, WATER UTILITY FUND #401 AND STORMWATER
UTILITY FUND #403 AND INCREASING/DECREASING
APPROPRIATED FUND BALANCES EACH FUND AS
FOLLOWS;
Whereas; General Fund #001 budgeted $24,711 less then was needed to
cover actual costs of general liability insurance;
♦ Increase insurance expenditure accounts $24,?22
♦ Increase appropriated fund balance $24,722
Whereas; Water Utility Fund #401 budgeted $33,527 more then was
needed to cover actual costs of general liability insurance;
• ♦ Decrease insurance expenditure accounts $33,527
♦ Decrease appropriated fund balance $33,527
Whereas; Stormwater Utility Fund #403 budgeted $3,750 more then was
needed to cover actual costs of general liability insurance;
♦ Decrease insurance expenditure accounts $ 3,750
♦ Decrease appropriated fund balance $ 3,750
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF
THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS
FOLLOWS:
SECTION 1: A resolution increasing appropriated fund balance and
increasing insurance expenditures by $24,722 in General Fund #001, and
reducing appropriated fund balance and decreasing budgeted insurance
expenditures in the Water Utility Fund #401 by $33,527 and reducing
appropriated fund balance and decreasing budgeted insurance expenditure
in the Stormwater Utility Fund #403 by $3,750 is hereby approved.
•
•
THE FOREGOING RESOLUTION WAS OFFERED by Council Member
who moved its adoption. The motion was seconded by Council
Member , and being put to vote, the vote was as follow:
FOR ADOPTION AGAINST ADOPTION
The Mayar thereupon declared the Resolution duly passed and adopted this 13�' day of
July, 2006.
MAYOR OF TEQUESTA
�
Jim Humpage
ATTEST:
Gwen Carlisle
Village Clerk
•
Villaqe of Tequesta
BA # Budqet Amendment Request JE #
Inc e• _ . , , �
Department: GENERAL GOVT Account: INSURANCE Account #: 001-160-545.300
Original Budget Balance Available Transfer Amount New Balance Available
$ 6,200.00 $ -8,586.00 $ 8,586.00 $ 0.00
Department: POLICE-ADMIN Account: INSURANCE Account #: 001-171-545.300
Original Budget Balance Available Transfer Amount New Balance Available
$ 65,000.00 $ -6,713.00 $ 6,713.00 $ 0.00
Department: FIRE CONTROL Account: INSURANCE Account #: 001-192-545.300
Original Budget Balance Available Transfer Amount New Balance Available
$ 54,200.00 $ -2,752.00 $ 2,752.00 $ 0.00
Department: PUBLIC WORKS Account: INSURANCE Account #: 001-210-545.300
Original Budget Balance Available Transfer Amount New Balance Available
$ 2,800.00 $ -7,060.00 $ 7,060.00 $ 0.00
Department: PARKS Account: INSURANCE Account #: 001-230-545.300
Original Budget Balance Available Transfer Amount New Balance Available
$ 3,800.00 $ -4,060.00 $ 4,060.00 $ 0.00
lncrease: � � `
Department: RESERVES Account: APPROPRIATE FUND BALANCE Account #: 001-990-399.999
� Original Appropriation Appropriated to Date Appropriation Request New Appropriated to Date Amt
$ 292,869.00 $ 1,014,939.00 $ 24,771.00 $ 1,039,710.00
Decrease: - , ,. � , , . � �
Department: CODE ENFORCEMENT Account: INSURANCE Account #: 001-181-545.300
Original Budget Balance Available Transfer Amount New Balance Available
$ 6,400.00 $ 4,400.00 $ -4,400.00 $ 0.00
Department: Account: Account #:
Original Budget Balance Available Trensfer Amount New Balance Available
$ 0.00 $ 0.00 $ 0.00 $ 0.00
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ 0.00 $ 0.00 $ 0.00 $ 0.00
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ 0.00 $ 0.00 $ 0.00 $ 0.00
Justification / Comments'. >
�.. � _, w . . ... . , .� .. � � r_
Amount budgeted for insurance was less than the actual expense. This BA increases the expenses by $29,171.00 and
increases appropriated fund balance by $24,771.00.
� APProvals: � _. � ` , ..._. . _.. n.-�. _
� Department Head: Date: �
Finance Approval: Da
Village Manager Approval: Da
Village Council Approval: Resolution Number Da
Villaqe of Tequesta
BA # Budqet Amendment Request JE #
Dec se:: � . � � , .
Department: RESERVES Account: APPROPRIATE FUND BALANCE Account #: 401-990-399.999
Original Appropriation Appropriated to Date Appropriation Requested New Appropriated to Date Amt
$ 1,454,250.00 $ 2,705,528.00 $ -33,527.00 $ 2,672,001.00
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ $ $ $
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ $ $ $
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ $ $ $
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ $ $ $
Decrease:.. �� � � � . F .�
Department: WATER-ADMIN Account: INSURANCE Account #: 401-241-545.300
� Original Budget Balance Available Transfer Amount New Balance Available
$ 62,000.00 $ 33,527.00 $ -33,527.00 $ 0.00
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ $ $ $
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ $ $ $
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ $ $ S
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ $ $ $
,.
�Justification I�Commen�s:�.� � � ��:,�;� � � ,. . _ � . , ... _
Amount budgeted for insurance was in excess of the actual expense. This budget amendment reduces this expense by
$33,527.00 and reduces appropriate fund balance by $33,527.00.
`Approvals:. , _ . , . ... . . , u ��
� Department Head: Date:
Finance Approval: Da
Village Manager Approval: Da
Village Council Approval: Resolution Number Da
Villaqe of Tequesta
BA # Budqet Amendment Request JE #
-De�se: �` � �� �.��;�� �: .; . . °: � ; :
Department: RESERVES Account: APPROPRIATE FUND BALANCE Account #: 403-990-399.999
Original Appropriation Appropriated to Date Appropriation Requested New Appropriated to Date Amt
$ 387,650.00 $ 437,894.00 $ -3,750.00 $ 434,144.00
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ $ $ $
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ $ $ $
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ $ $ $
Department: Account: Account #:
Original Budget Balance Availabte Transfer Amount New Balance Available
$ $ $ $
Decrease: � ` �� ` �
_ _ . _ _ _ � .. , � . . . . . . . .. .. . .o . . , . � ,��z� �, .. .,.
Department: STORMWATER Account: INSURANCE Account #: 403-250-545.300
� Original Budget Balance Available Transfer Amount New Balance Available
$ 3,750.00 $ 3,750.00 $ -3,750.00 $ 0.00
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ $ $ $
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ $ $ $
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ $ $ $
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ $ $ $
Justification�/�Coniments:y� - � �
. __ v . . . ,_. . �, _ , �:z ... ...,, . f _ _ ,�, ._ .,
Amount budgeted for insurance was in excess of the actual expense. This budget amendment reduces this expense by
$3,750.00 and reduces appropriate fund balance by $3,750.00.
Approvals� '� � �
_ ._ . . ._ , - . , . . . ., i _ � , '_ ". , .� , _ k . ..�,_z . > ?., <.. , , ,.._ . ... .._. .. . .
� Department Head: Date:
Finance Approval: Da
Village Manager Approval: Da
Village Council Approval: Resolution Number Da