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HomeMy WebLinkAboutDocumentation_Regular_Tab 09_08/09/2007McWilliams, Lori To: Acouncil Cc: ManagerOffice; Forsythe, Jody Subject: Res 62.06.07 Increase Budget in Ref-Rec Fund 402.doc Attachments: Res 62.06.07 Increase Budget in Ref-Rec Fund 402.doc Due to a typographical error in the 2"d Whereas Clause of the Resolution, 1 am attaching an amended Resolution for your approval at tonight's Council Meeting. The Where Clause should read "residential units was 3,157" rather than "residential units was 3,457". Lori ,. l'~~~ RESOLUTION N0.62-06/07 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AMENDING AND INCREASING THE 2006/2007 REFUSE & RECYCLING FUND #402 BUDGET BY INCREASING REVENUES IN ACCOUNT # 402-000-343.400, REFUSE AND RECYCLING FEES IN THE AMOUNT OF $14,035; APPROPRIATING FUND BALANCE IN THE AMOUNT OF $11,660 AND INCREASING THE FOLLOWING EXPENDITURES: #402-245-543.302, SOLID WASTE RESIDENTIAL $11,935 #402-245-543.303, RECYCLING RESIDENTIAL $9,000 #402-245-543.304, YARD WASTE RESIDENTIAL $4,760 WHEREAS, the Village of Tequesta approved the original budget for the Refuse and Recycling Fund #402 based upon 2,868 residential units for curbside pick-up with an annual tax assessment of $95.88 per unit; and WHEREAS, The actual number of residential units was 3,157 with an annual tax assessment of $93.55 according to the 2007 certified tax roll; and WHEREAS, approving this resolution will increase the overall Refuse and Recycling fund #402 2006/2007 Budget by $25,695; and WHEREAS, approving this resolution will result in appropriating fund balance in the amount of $11,660 in 2006/2007 Budget, and NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS: Section 1. The amendment to the 2006/2007 Refuse and Recycling Fund #402 budget increasing the overall 2006-2007 Budget by $25,695 and appropriating fund balance in the amount of $11,660 is hereby approved. The foregoing Resolution was offered by its adoption. The motion was seconded by _ being put to a vote, the vote was as follows: Mayor Jim Humpage Vice-Mayor Pat Watkins Council Member Dan Amero Council Member Tom Paterno Council Member Calvin Turnquest who moved _, and upon For Adoption Against Adoption The Mayor thereupon declared the Resolution duly passed and adopted this day of ATTEST: 2007. MAYOR OF TEQUESTA Jim Humpage Lori McWilliams, CMC Village Clerk VILLAGE OF TEQUESTA MEETING AGENDA ROUTING SHEET MEETING DATE: August 9, 2007 REQUESTED ACTION/SUMMARY: Increasing the overall budget in the Refusing & Recycling Fund #402 by $25,695.00 RESOLUTION OR ORDINANCE NUMBER: Res # 62-06/07 ORIGINATING DEPARTMENT: Finance Department FUNDING SOURCE: N/A ACCOUNT NUMBER: N/A CURRENT BUDGETED AMOUNT AVAILABLE: $284,300 BUDGET INCREASE REQUIRED: $25,695 APPROPRIATE FUND BALANCE: $11,660 APPROVALS: DEPARTMENT HEAD:_ JoAnn Forsythe FINANCE DIRECTOR: JoAnn Forsythe VILLAGE MANAGER: VILLAGE MANAGER RECOMMENDATION: APPROVE ITEM: ^ DENY ITEM: ^ VILLAGE ATTORNEY: APPROVED FOR LEGAL SUFFICIENCY ^ Yes X No ^ Not Applicable (n/a) -~-- I ~~ _ i/ G MEMORANDUM DATE: JULY 26, 2007 TO: MICHAEL R. COUZZO, VILLAGE MANAGER FROM: JOANN FORSYTHE, FINANCE DIRECTOR RE: REQUEST TO INCREASE THE 2006-2007 REFUSE AND RECYCLING FUND #402 BUDGET As we discussed, the original budget for the Refuse and Recycling Fund #402 was based on 1. 2,868 residential units 2. $95.88 annual tax assessment The actual number of units and tax rate per the fina12007 certified tax roll is: 1. 3,157 residential units 2. $93.55 annual tax assessment In order to bring the 2007 Refuse and Recycling Fund #402 budget in line with the tax roll and to more accurately reflect the Village's expected revenues and expenses for that period I am requesting; 1. That the overall Refuse and Recycling budget be increased by $25,695 in the following manner; a. Increase revenue and rrycling fees by $14,035 b. Appropriate fund balance of $11,660 c. Increasing expenses for curbside pick-up by $25,695 If you have any questions regarding this matter, please let me know 7/26/0711:40 AM RESOLUTION NO. 62-06/07 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AMENDING AND INCREASING THE 2006/2007 REFUSE & RECYCLING FUND #402 BUDGET BY INCREASING REVENUES IN ACCOUNT # 402-000-343.400, REFUSE AND RECYCLING FEES IN THE AMOUNT OF $14,035; APPROPRIATING FUND BALANCE IN THE AMOUNT OF $11,660 AND INCREASING THE FOLLOWING EXPENDITURES: #402-245-543.302, SOLID WASTE RESIDENTIAL $11,935 #402-245-543.303, RECYCLING RESIDENTIAL $9,000 #402-245-543.304, YARD WASTE RESIDENTIAL $4,760 WHEREAS, the Village of Tequesta approved the original budget for the Refuse and Recycling Fund #402 based upon 2,868 residential units for curbside pick-up with an annual tax assessment of $95.88 per unit; and WHEREAS, The actual number of residential units was 3,457 with an annual tax assessment of $93.55 according to the 2007 certified tax roll; and WHEREAS, approving this resolution will increase the overall Refuse and Recycling fund #402 2006/2007 Budget by $25,695; and WHEREAS, approving this resolution will result in appropriating fund balance in the amount of $11,660 in 2006/2007 Budget, and NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS: Section 1. The amendment to the 2006/2007 Refuse and Recycling Fund #402 budget increasing the overall 2006-2007 Budget by $25,695 and appropriating fund balance in the amount of $11,660 is hereby approved. The foregoing Resolution was offered by ,who moved its adoption. The motion was seconded by ,and upon being put to a vote, the vote was as follows: For Adoption Against Adoption Mayor Jim Humpage Vice-Mayor Pat Watkins Council Member Dan Amero Council Member Tom Paterno Council Member Calvin Turnquest The Mayor thereupon declared the Resolution duly passed and adopted this day of , 2007. MAYOR OF TEQUESTA Jim Humpage ATTEST: Lori McWilliams, CMC Village Clerk