HomeMy WebLinkAboutDocumentation_Regular_Tab 06_12/12/2013 VILLAGE CLERK'S OFFICE
AGENDA ITEM TRANSMITTAL FORM
Meeting Date: Meeting Type: Regular Ordinance #:
12/12/13
Consent Agenda: Yes Resolution #: 45-13
Originating De��artment: Fire
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Amending and decreasing the Fiscal Ye,ao 20� 3/2� � �� �. � ..� �., _ � ._ � �� _ _ � - _ ��� v �, � �_ � � '
revenues and expenditures for Fire Insuirance Premium Taxes to reflect actuai amounts received in Fiscal Year
2012/2013.
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Accounts #: 001-192-312.510 Amount of this item: $36,700.00
001-192-522.110
Current Budgeted Amount Available: Amount Remaining after item:
$154, 700.00 $117, 800.00
Budget Transfer Required: Yes Appropriate Fund Balance: No
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Amending and decreasing the Fiscal Year 2013/2014 General Fund #001 Budget $36,700 by decreasing
revenues and expenditures for Fire Insu�ance Premium Taxes to reflect actual amounts received in Fiscal Year
2012/2013.
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Department Head
Finance Director � --� l^ J �,
Reviewed for Financial Sufficiency � � r ; �
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No Financial Impact ❑
Attorney: (for legal sufficiency)
Village Manager: - -- - --h�
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Submit for Council Discu�sion: [�
Approve Item: ❑
Deny Item: �
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Form Amended: 7/12/12
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Mem o
To: JoAnn Forsytl�te, Firnance Dir�tor
From: Micheqe Cload, Senior Ac:cauntarrt
CC:
Dats: 12/2l13
Re: F�re insurancg Premium Taxes
At the November 14, 2073 Viflage Council meeting the �Ilage Council t�u�ted that the Fiscal
Year 2013/214 F'ire Insurance Premium Tax� budget be adjusted to r�flect actual an�ounts
received in Fi�al Y�r 2012/2013.
The Yllage recenre�l $177,586.49 in Fiscal Year 2092/2013. It budgete�d $154,700.00 in F'�scai
Year 2013i2014. The sitached agenda item amends the Fiscal Year 2013/2014 by decr�easing
Fire Irrsurance Pr9emium Tax r�venues and ex}�nditurses by $36,700.00.
1
RESOLUTION NO. 45-13
A RESOLUTION OF TAE VII.LAGE COUNCII. 4F THE VII.LAGE OF
T'�QUESTA, FLURIDA, A►MENDING AND DECREASIl�TG TF� FISCAL
YEAR 2013/2014 GENERAL FUND #001 BUDGET $36,7QO.U0 BY
DECREASING REVENUES AND EXPENDITURES IN TI� ACCOUNTS
LISTED BELOW AND AUTHORIZING THE VII.LAGE MANAGETt TO
PROCEED ON BEHALF OF THE VII..LAGE P�OVIDING FOR
SEVERA.BILITY; PROVIDING AN EFFECTIVE DATE; AND FOR
OTHER PURPOSES.
REVE1�TiTES
INSURA.NCE PREMIiJM TAX FIRE $36,700.00
ACCOUNT # 001-192-312.510
EXPENDITURES
OTHER PENSION CONTRIBUTIONS-FIRE $36,700.00
ACCOUNT # 001-192-522.110
WHEREAS, the Village received Fire Insurance Premium Taxes in the amount of
$117,996.49 for Fiscal Yeaz 2012/2013;
W�REAS, the Village budgeted Fire Insurance Premium Taxes in. the amownt of
$154,700.00 for Fiscal Year 2013/2014;
WHE1tEAS, the Village Council has requested that we reduce the Fiscal Year
2013/2014 Budget to reflect the actual. amount of Fire Insurance Premium Taxes received
in Fiscal Year 2012/2013;
NOW, THEREFORE, BE IT RESOLVED BY THE VII.LAGE COUNCII, OF THE
VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS:
Section 1 Resolution No. 45-13 is hereby approved amending and decreasing the
Fiscal Year 2013/2014 General Fund #001 Budget $36,700.00 by decreasing revenues
and expenditures listed in the accounts listed. above;
Section 2 This Resolution sha11 become effective immediately upon passage.