HomeMy WebLinkAboutResolution_04-13_03/14/2013 RESOLUTION NO. 4 -13
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, FLORIDA, AMENDING THE FISCAL YEAR 2013
GENERAL FUND #001 AND WATER FUND #401 BUDGETS TO
RECOGNIZE REVENUE FROM FMIT AND FUND A
BEAUTIFICATION/BRANDING PROJECT PROVIDING FOR
SEVERABILITY; PROVIDING AN EFFECTIVE DATE; AND FOR
OTHER PURPOSES.
WHEREAS, The Village will receive unbudgeted revenue in the amount of $23,537.00
from FMIT (Florida Municipal Insurance Trust) as a refund of premium from Fiscal Year
2011/2012;
WHEREAS, The Village Council has directed that $5,000.00 of this revenue is to be
used to fund a beautification/branding project;
WHEREAS, the remaining amount is to be used to decrease Appropriated Fund Balance;
WHEREAS,
General Fund #001 Debit Credit
Appropriated Fund Balance — Revenue $13,532.36
Beautification and Branding — Expenditure $ 5,000.00
Insurance Reimbursement - Revenue $18,532.36
Water Fund #401;
Appropriated Fund Balance — Revenue $5,004.64
Insurance Reimbursement — Revenue $5,004.64
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE
VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS:
Section 1 Resolution No. 4 -13 is hereby approved amending the Fiscal Year 2013
General Fund #001 and Water Fund #401 budgets recognizing revenue from FMIT and
funding a beautification/branding project;
Section 2 This Resolution shall become effective immediately upon passage.
The foregoing Resolution was offered by Council Member D'Ambra who moved its adoption.
The motion was seconded by Council Member Paterno and upon being put to a vote, the vote
was as follows:
For Adoption Against Adoption
Mayor Abby Brennan X
Vice -Mayor Vince Arena X
Council Member Steve Okun X
Council Member Tom Paterno X
Council Member Frank D'Ambra X
The Mayor thereupon declared the Resolution duly passed and adopted this 10 day of March
2013.
MAYOR OF TEQUESTA
Abigai rennan
ATTEST:
81.c. Md[.��Cl.lL6'� �Ll RP . T�•.
Lori McWilliams, Mlvlt `��, s�G
Village Clerk =�'i m`Cn
;A 09�rFO `aye
195
2