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DATE: FEBRUARY 29, 2016
TO: MICHAEL R COUZZO, VILLAGE MANAGER
FROM: JOANN FORSYTHE, FINANCE DIltECTOR
RE: MARCH AGENDA ITEM INCREASING REVENUES AND EXPENDITURES
IN THAT AMOUNT TO RECOGNiZE TI� FAIR MARKET VALUE OF
SERVICES RECEIVED FROM PALM BEACH COUNTY FIl2E RESCUE
The attached agenda item recognizes the fair market value of repairs and maintenance performed by
Palm Beach County Fire Rescue for the first quarter of fiscal year ending 9l30/2016 and requests the Village
Council to increase the General Fund #001 budget by that amount.
3/3/1611:17 AM
RESOLUTION NO. 08-16
A RESOLUTION OF TIIE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, FLORIDA, INCREASING THE GENERAL FUND #001
2015/2016 BUDGET IN THE AMOUNT OF $18,773.00 BY INCREASING
REVENUES AND EXPENDITURES IN THAT AMOUNT TO
RECOGNIZE THE FAIR MARKET VALUE OF SERVICES RECEIVED
FROM PALM BEACH COUNTY FIRE RESCUE AS WELL AS
RECOGNIZING RELATED REPAIR AND MAINTENANCE
EXPENDITURES AND AUTHORIZING THE VILLAGE MANAGER TO
PROCEED IN ACCORDANCE WITH THE VILLAGE'S ADOPTED
PROCEDURES; PROVIDING FOR SEVERABILITY; PROVIDING AN
EFFECTIVE DATE; AND FOR OTHER PURPOSES.
WHEREAS, this is the first quarter adjustment; and,
WHEREAS, the Village currently has an emergency services agreement for mutual
assistance, automatic aid, dispatch and fire vehicle maintenance and repair services with Palm
Beach County; and,
WHEREAS, Pa1m Beach County maintained and repa.ired vehicles for the Village during
the first quarter of Fiscal Year 2016 with the services having a fair market value of $18,773.00;
and,
WHEREAS, the Village incurred expenditures for the repair and maintenance of these
vehicles in the amount of $18,773.00;
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE
VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS:
Section 1 Resolution No. 8-16 is hereby approved increasing the General Fund #001
2015/2016 Budget by $18,773.00 by increasing revenues and expenditures in that amount to
recognize the fair market value of services received from Pa1m Beach County as well as the
related expenditures incurred;
Section 2 This Resolution shall become effective immediately upon passage.