HomeMy WebLinkAboutResolution_20-16_08/11/2016 RESOLUTION NO. 20-16
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, FLORIDA, INCREASING THE FISCAL YEAR 2015/2016
GENERAL FUND #001 BUDGET BY APPROPRIATING FUND
BALANCE IN THE AMOUNT OF $50,400.00; BUDGETING THE
TRANSFER OF THOSE FUNDS TO THE SPECIAL LAW
ENFORCEMENT TRUST FUND AND INCREASING THE FISCAL YEAR
2015/2016 SPECIAL LAW ENFORCEMENT TRUST FUND #605 BUDGET
BY $50,000.00 TO RECOGNIZE THE TRANSFER IN OF THESE FUNDS;
AUTHORIZING THE VILLAGE MANAGER TO PROCEED ON
BEHALF OF THE VILLAGE PROVIDING FOR SEVERABILITY;
PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES;
W�IEREAS, the General Fund #001 currently reports $50,000.00 of Fund Balance
restricted to uses by the Special Law Enforcement Trust Fund; and
WHEREAS, these funds would more appropriately be reported in the Special Law
Enforcement Trust Fund #605;
WHEREAS, the transactions to record the transfer of restricted funds from the General
Fund #001 to the Special Law Enforcement Trust Fund would be as follows:
General Fund
Dr. 001-900-591.605 Transfer to Special Law Enf. Trust $50,000.00
Cr. 001-990-399.999 Appropriate Fund Balance $50,000.00
Special Law Enforcement Trust Fund
Dr. 605-950-590.001 Allocate to Fund Balance $50,000.00
Cr. 605-900-381.001 Transfer from General Fund $50,000.00
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE
VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS:
Section 1 Resolution No. 20-16 is hereby approved increasing the FY2015/2016
General Fund #001 Budget, by appropriating Fund Balance in the amount of $50,000.00
and increasing the FY2015/2016 Special Law Enforcement Trust Fund #605 Budget by
$50,000.00 to recognize the transfer of $50,000 between these Funds;
Section 2 This Resolution shall become effective immediately upon passage.
RESOLUTION
20-16
MOTION SECOND
Vice-Mayor Vince Arena Council Member Frank D'Ambra
VOTE
FOR AGAINST ABSENT
ADOPTION ADOPTION
Mayor Abby Brennan � � �
Vice-Mayor Vince Arena � �
Council Member Steve Okun � � �
Council Member Tom Paterno � � �
Council Member Frank D'Ambra � � �
The Mayor thereupon declared the Resolution duly passed and adopted on 11-Aug-2016
MAYOR OF TEQUESTA
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