HomeMy WebLinkAboutDocumentation_Regular_Tab 13_02/13/2014 VILLAGE CLERK'S OFFICE
AGENDA ITEM TRANSMITTAL FORM
Meeting Date: Meeting Type: Regular Ordinance #: N/A
2/13/14 _
Consent Agenda: No Resolution #: 5-14
Originating Department: Utilities
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Amending the Fiscal YEa► 2013/2014 Water Fund #�O1 Budget by increasing revenues and expenses by
$7,455.00 to recognize proceeds f�t the sale of surplus meters and to use those proeeeds to purchase new
meters.
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Account #: Amount of this item: $7,455.00
Other Misc. Revenues
# 401-000-369.000
Meters, Valves and Hydrants
# 401-411-552.601
Current Budgeted Amount Available: Amount Remaining after item:
$15,663.00 $23,118.00
Budget Transfer Required: No Appropriate Fund Balance: No
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Amendin� the Fiscal Year 2013/2014 Water I�unci �--�Ul 13ud��ct h�� incrcasin�� revenues and expenses by
$7,455.00 to recognize proceeds from the sale of surplus meters and to use those proceeds to purchase new
meters.. �
•
ent Head Submitted by Legal
Finan
Reviewed for Financial Sufficiency �
No Financial Impact ❑
Attorney: (for legal sufficiency)
Village Manager:
Submit for Council Discussion�
Approve Item: ❑
Deny Item: �
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Form Amended: 7/12/12
RESOLUTION NO. 5-14
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, FLORIDA, AMENDING THE FISCAL YEAR 2013/2014
WATER FUND #401 BUDGET BY INCREASING REVENUES AND
EXPENSES BY $7,455.00 TO RECOGNIZE PROCEEDS FROM THE
SALE OF SURPLUS METERS AND TO USE THOSE PROCEEDS TO
PURCHASE NEW METERS AND AUTHORIZING THE VILLAGE
MANAGER TO PROCEED ON BEHALF OF THE VILLAGE
PROVIDING FOR SEVERABILITY; PROVIDING AN EFFECTIVE
DATE; AND FOR OTHER PURPOSES.
WHEREAS, the Village Council of the Village of Tequesta declared 970 meters as
surplus on November 14, 2013 with Resolution No. 39-13;
WHEREAS, the meters were sold to HD Supply Waterworks for $7,454.54 on
December 10, 2013;
WHEREAS, the proceeds from the sale of the surplus meters were not in the original
Fiscal Yeaz 2013/2014 Water Fund #401 budget and the Department would like to use
the proceeds to purchase new meters;
WHEREAS, the following budgeted revenue and expense accounts will be increased:
Revenues: Other Misc. Revenue , 401-000-369.000 -$7,455.00
Expenses: Meters, Valves & Hydrants , 401-411-552.601 -$7,455.00
WHEREAS, this will not require appropriating Fund Balance;
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE
VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS:
Section 1 Resolution No. 5-14 is hereby amending the Fiscal Year 2013/2014 Water
Fund #401 Budget by increasing revenues and expenses by $7,455.00 to recognize
proceeds from the sale of surplus meters and to use those proceeds to purchase new
meters and authorizing the Village Manager to proceed on behalf of the Village providing
for severability; providing an effective date; and for other purposes.
FISCAL YEAR zo�a VillaQe of TeQUesta
sa # Budqet Amendment Request JE #
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Department: Renewal & Replacement Account: Meters, Valves 8� Hydrants Account #: 401-411-552.601
Original Budget Balance Available Transfer Amount New Balance Available
$ 30,000.00 $ 15,663.00 $ 7,455.00 $ 23,118.00
Justifcatlon / Comments: Increasing FY2014 Water Fund budget recognizing proceeds from the sale of surplus meters and
using the proceeds to purchase new meters.
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Avallable
$ 0.00 $ 0.00 $ 0.00 $ 0.00
Justiflcation / Comments:
Department: Account: Account #:
Origlnal Budget Balance Available Transfer Amount New Balance Available
$ 0.00 $ 0.00 $ 0.00 $ 0.00
Justiflcation / Comments:
Department: Account: Account #:
Original Budget Balance Avallable Transfer Amount New Balance Avallable
$ 0.00 $ 0.00 $ 0.00 $ 0.00
Justiflcation / Comments:
�Increase•- . � - _� � _ � .� _ _ — _- _ �.� - -
Department: General Account: Other Misc. Revenues Account #: 401-000-369.000
Original Budget Balance Avallable Transfer Amount New Balance Available
$ 0.00 $ 7,457.00 $ 7,455.00 $ 14,912.00
Justification / Comments• Increasing FY2014 Water Fund budget recognizing proceeds from the sale of surplus meters and
using the proceeds to purchase new meters
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Avallable
$ 0.00 $ 0.00 $ 0.00 $ 0.00
Justification / Comments:
Department: Account: Account #:
Origlnal Budget Balance Avallable Transfer Amount New Balance Available
$ 0.00 $ 0.00 $ 0.00 $ 0.00
Justiflcatlon / Comments:
Department: Account: Account #:
Orlginal Budget Balance Avallable Transfer Amount New Balance Avallable
$ 0.00 $ 0.00 $ 0.00 $ 0.00
Justlflcation / Comments:
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Department Head: Date:
Budget Officer: Date:
Village Manager Approval: Date:
Village Council Approval: Resolution Number Date: