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Memo
To: Christopher Quirk, Finance Director
From: Michelle Gload,Accounting Manager
Date: Friday,July 21, 2017
Subject: Legal Fees
The attached resolution appropriates additional funding for legal fees in the Fiscal Year 2016/2017
Budget.As you are aware, legal fees are projected to exceed the current budget allocation of
$150,000.00 by fiscal year end.
RESOLUTION NO.35-17
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, PALM BEACH COUNTY, FLORIDA, INCREASING THE
FISCAL YEAR 2016/2017 GENERAL FUND #{►Ol BUDGET BY
APPROPRIATING FUND BALANCE IN THE AMOUNT OF 5105,000.00
TO FUND ADDITIONAL LABOR LEGAL FEES; PROVIDING FOR
SEVERABILITY; PROVIDING AN EFFECTIVE DATE, AND FOR
OTHER PURPOSES.
WHEREAS, the Fiscal Year 2016/2017 General Fund #001 Budget includes
$1 SO,OOO.OtI for labor legal fees;and,
WHEREAS, the Village is projecting that labor legal fees will exceed the budgeted
amount of$150,000.00 by fiscal year end;
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE
VII.,LAGE OF TEQUESTA,PALM BEACH COUNTY,FLORIDA,AS FOLLOWS:
Section 1 Resolution No. 35-17 is hereby approved increasing the Fiscal Year
2016/2017 General Fund #OQl Budget by appropriating Fund Balance in the amount of
$105,000.00 to fund additional labar legal fees;providing for severability;providing an effective
date;and for other purposes.
Section 4 This Resolution sha11 beeome effective immediateiy upon passage.