HomeMy WebLinkAboutResolution_05-14_02/13/2014 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 Year 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 2014 Village of Teguesta
BA # Budget Amendment Request JE #
Department: Renewal & Replacement Account: Meters, Valves & 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
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 Available
$ 0.00 $ 0.00 $ 0.00 $ 0.00
Justification / Comments:
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ 0.00 $ 0.00 $ 0.00 $ 0.00
Justification / Comments:
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ 0.00 $ 0.00 $ 0.00 $ 0.00
Justification I Comments:
Department: General Account: Other Misc. Revenues Account #: 401 -000 - 369.000
Original Budget Balance Available 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 meter and
using the proceeds to purchase new meters.
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ 0.00 $ 0.00 $ 0.00 $ 0.00
Justification / Comments:
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ 0.00 $ 0.00 $ 0.00 $ 0.00
Justification / Comments:
Department: Account: Account #:
Original Budget Balance Available Transfer Amount New Balance Available
$ 0.00 $ 0.00 $ 0.00 $ 0.00
Justification / Comments:
Department Head: Da
Budget Officer: Da
Village Manager Approval: Da
Village Council Approval: Resolution Number Da
The foregoing Resolution was offered by Council Member D'Ambra who moved its adoption.
The motion was seconded by Council Member Okun 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 13`" day of February
2014.
MAYOR OF TEQUESTA
Abigail rennan
ATTEST:
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