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Res. No. 125-24RESOLUTI ON NO.125-24 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DELRA Y BEACH,FLORIDA,AMENDlNG ITS BUDGET FOR THE FISCAL YEAR BEGINN ING OCTOBER 1,2023;BY PROVID ING FOR SUPPLEMENTAL APPROPRIATIONS IN THE AMOUNTS IDENTIFIED IN EXHIB IT ·A". REPEALING ALL RESOLUTIONS INCONSISTENT HEREWITH; PROVIDING AN EFFECTIVE DATE;AND FOR OTHER PURPOSES. WHEREAS,pursuant to Resolution No.145-23,the City Commission of the City of Delray Beach, Florida adopted a budget for the fiscal year beginning October 1,2023,and ending September 30,2024 (Fiscal Year 2023/2024 Budget):and WHEREAS,the City Commission has determined that an amendment needs to be made to the previously adopted Fiscal Year 2023/2024 Budget;and WHEREAS,the City Commission deems approval of this Resolution to be in the best interest of the health,safety,and welfare of the residents and citizens of the City of Delray Beach and the public at large. NOW,THEREFORE,BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DELRAY BEACH,FLORIDA,AS FOLLOWS: Section 1.The foregoing recitals are hereby affirmed and ratified. Section 2.The City Commission hereby amends its Fiscal Year 2023/2024 Budget as provided in the schedule attached hereto as Exhibit "A". Section3 Should any section,sentence,clause,part,or provision of this Resolution be declared invalid or unenforceable,by a court of competent jurisdiction,the same shall not affect the validity of this Resolution as a whole,or any part hereof other than the part declared to be invalid.Said provision declared to be invalid shall be deemed severed from the remaining provision of the Resolution. Section 4.Resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. Section 5.This Resolution shall become effective immediately upon passage. PASSED AND ADOPTED in regular session on the /8Tay or .Jot _,2024. EXHIBIT A City of Delray Beach FY 2023-24 Budget Am endment #9 Summary June 18,2024 General Fund (001) Description Decrease Increase Total Revenues [bud getary Account Prior Year Surplus -Transfer to Municipal Golf Course 1,750.000 Total Revenues Expen diture $$1,750,000 $1,750,000 Fire Department -Highland Beach Division Salaries -Highland Bea.# FICA -Highland Beach Tuition Reimbursemente--Overtime -Highland Beach Division Request for additional funds to cover overtime shortage in Highland Beach Division.------Engineering Department/Programs Division Profess ional Services -Engineering /Architectural Contractual Services Request to cover additional costs for various traffic/transportation related projects Enginnering Department/Transfers Department Professional Services Non-Operating Tran sfers Transfer to General Construction Fund (334) Request to transfer funds from the General Fund to the General Construction Fund for Construction Engineering and Inspection services (CEi)to carry the Lowson project through closeout Transfers Department Non-Operating Transfers Transfer to Municipal Golf Course Fund Request to transfer funds from the General Fund to the General Construction Fund to continue the 2020 Golf Course Renovation project paused at 60%design in 2021 T 257,027 I 5.246 1.258 263,531 190.000 190,000 90.000 90,000 ----------263,531 263,531 1 --i 190.000 190,000 - --90.000 90,000 - '1,750,000 1,750,000 (257.027) (5.246) (1.258) 263.531 (190,000) 190.000 (90.000) 90.000 1,750,000 1,750,000 Total Expenditures General Fund Amended Budget 6/18/2024 Budget Amendment General Fund Am ended Budget@ 06/18/2024 $543 ,531 $2,293,531 $1,750,000 $187,925,222 1,750.000 $189,675,222 1 of 18 EX H IB IT A C ityofDelray B each FY 2023-24 B udget Am endm ent #9 Sum m ary June 18,2024 G eneral Construction Fund (334) Description T Decrease Increase Total R ev enues --------In ter-Fund Transfers Received from G eneral Fund -Low son Blvd Pro ject inter.FundTran sfers Received from G eneral Fund -M unicipal G olf C ourse Project s -_---$90.000 S 1,7 50,000 •r 90.000 1,750,000 Tota l R even ues $$1,840 ,000 $1,840 ,000 Ex pe nd itures P u blic W orks D epart m ent I R o ad an d Street Facilities D ivision [Cap ital O utlay O ther Im provem ents-Low son Blvd Pedestrian Bridge ------R equest to transfer funds fro m the G eneral F und to the G eneral Construction Fund for C onstruction E ng ineering and Inspection serv ices (C Ei)to carry the Law son Blvd Pedestrian Bridge project through [closeout Pa rks an d R ecreation D epart m ent C ap ital O utlay -M unici palG olf C ourse R equest to transfer funds fro m the G eneral Fund to the G eneral C onstruction Fund to continue the 2020 G olf C ourse R enovation project paused at 60%design in 2021 -l $90.000 S 90,000 1,750,000 1,750,000 90,000 90,000 1,750,000 1,750,000 Tota l Expe nd itures $$1,840 ,000 $1,840 ,000 G e ne ral C o n stru ction Fun d A m en d ed B ud g et 6/18 /2024 Budget Am endm ent G e n eral C o nstru ction Fu n d Am en d ed B ud g et@ 6/18/2024 O ne C ent Sales Tax Fund (377 ) Description R ev enu es Bud getary A ccount Prior Year Surplus To ta l R even ues Exp enditure s ------- Pu blic W o rks Depart m ent to Parks and R ecreation (C em etery ) [Cap ital O utlay O ther Im pro vements -SE 36th Avenue/G ulfstream Boulevard Streetscape [Ca pital O utlay -M em orial G ardens M ausoleum Project Decrease $-$- $-$ -- -$1,000,000 $- -$49,279,72 2 1,840,000 $51,119,722 -.- Increase Total 561.423 -s 561,4 23~ 56 1,423 $56 1,423 -- ·--$(1,000,000) 1.561.423 -1.561.423 R eq uest to reallocate C IP appro ved funds fro m the SE 36th Avenue/G ulfstream Boulevard Streetscape to - the M em orial G ardens M ausoleum Project Tota l E xpe nd itures O n e C ent Sales Tax Fu n d A m en d ed B ud get 6/18 /2024 Budget Am endm ent O n e C ent Sales Tax Fun d A m en d ed B u d g et @ 6/18/2024 $1,000 ,000 $1,56 1,423 $56 1,423 ------------ -----$25,295,385 561.423 $25,856,808 ------- 2 of 18 EXHIBIT A City of Delray Beach FY 2023-24 Budget Am endment #9 Summary June 18,2024 Recreation GO Bond (382) Description Revenues [GOBond Proceeds (Elev ator Repairs) I Decrease s Increase 77.749$S Total 77,749 Total Revenues Expenditures Parks and Recreation -Repair and Maintenance Service -Elevator Repairs Request to complete full repairs/replacements to bring elevators to operational status. $ $ $ $ 77,749 $ 77,749 $ 77,749 77,749 Total Expenditures Recreation GO Bond Fund Amended Budqet 6/18/2024 Budget Amendment Recreation GO Bond Fund Am ended Budget @ 6/18/2024 Water &Sewer Fund (44 1) $-$77,749 $77,749 $3,500,000 77,749 $3,577,749 ----1 ------ Description Expenditures Non-Operating Contingency Other Contractual Services -Water Treatment Storage Request to cover increased usage of both wet and dry sludge removal Total Expenditures Decrease $350.000S $350,000 $ $350 ,000 $ Increase $ 350,000 350,000 $ 350,000 $ Total (350,000) 350,000 Water &Sewer Fund Amended Budget 6/18/2024 Budget Amendment Water &Sewer Fund Am ended Budget@ 06I18/2024 Water and Sewer (W&S)-Renewal &Replacement (R&R)(44 2) $48,77 1,812 $48,771,812 Description Decrease Increase Total I--Revenues ---Budgetary Account Renewal And Replacement Total Revenues Exoenditures Capital Outlay -Water Treatment Plant (WT P) Reauest to transfer the WT P Proiect to new W&S-WT P (443)Fund Total Expe nditures Water and Sewer -R&R Fund Amended Budget 6/18/2024 Budget Amendment Water and Sewer -R&R Fund Am ended Budget @ 6/18/2024 $14.707.146S $14,707,146 $ $14.707.146 S $14,707,146 $ $(14,707,146 ) $(14.707.146) $(14,707,146 ) $35,932,870 (14,707.146) $21,225,724 3 of 18 EX H IB IT A--- -C it_y of Delray Beach -FY 2023-24 Budget Am endm ent #9 Sum m ary --June 18,2024 T - W ater and Sew er (W &S)-W ater Treatm ent Plant (W TP)(44 3) D escription Decrease Increase Total --------------R even u es Bo nds Proceeds a s --·--15.877.219 $15,877 ,219-----,--- T ota l R even ues $-$15,877 ,219 $15,877 ,219 f-------Exp e n d itures ---------4--j --C a p ital O utlay -W ater Treatm ent Plant (WT P)$-I $15.877.219 $15,877 ,219 [Reque st to transfer the WT P Project to new W&S -WT P (443)Fund ----· T ota l E xpe nd iture s $-$15,877 ,219 $15,877 ,219 Water and Sew er -W TP Fund Am ended Budget ---$-- 6/18 /2024 Budget Am endm ent ---------15.877.219 W ater and Sew er -WT P Fund Am ended Budget @ 6/18/2024 $15,877 ,219 --------- M unicipal G olf Cours e (44 5) D escription D ecrease Increase Total IExpenditures--t--iMachinery&Equipm ent -C apital O utlay $5,185 s -s (5,185)-R e pairs and M ain tenance -Pro Shop D ivision 49,205 -(49,205)--R e pairs and M aintenance -O perations 56,193 -(56.193)-R e pairs and M aintenance -C ourse M aintenance 110,583 110,583 _R eq ue st to re-allocate of C IP appro ved funds for M unicipal G olf course re-sodding of greens $110,583 $110,583 $ -·,-- T o ta l E xpenditures $110,58 3 $110,58 3 $- ---Mun icipa l G olf C ours e Fu n d A m end ed B ud g et ---$4,477 ,356 6/18 /2024 Budget Am endm ent - M unic ip al G olf C ou rs e Fu nd Am en ded B u d g et @ 06/18/2024 $4,477 ,356 ------ I Lakeview G olf C ours e (44 6) Description Decrease Increase Total Ex p e n ditures ---------[Prof essional Serv ices -C apital O utlay $50,000 $s (50,000)-50,000 IRepairsandMaintenance-C ourse M aintenance -50,000---R eq uest to re-allocate of C IP approved funds for Lakeview G olf course re-soddingofgreens $50,000 $50,000 $- -------- To ta l E xpe nd it ure s $50 ,00 0 $50 ,00 0 $- [Lak eview G o lf C o urs e Fund Am ended Budget ----------s 2 114,6s7~'6/18 /2024 Budget Am endm ent '--¡- La keview G o lf C ours e Fund Am ended Budget @ 06/18/2024 $2,114,697 ---------------------- I 4 of 18 EXHIBIT A Cityof Delray Beach -- --FY 2023-24 Budget Am endment #9 Summ ary -June 18,2024 --1 Garage Fund (501) Description Decrease Increase Total Expenditures -----·N o n-O perating C ontingency $20.065.S -$(20,065) Fle et A nalyst -W ages and Benefit s ---20,065 1 20,065-------Request to add a Fleet Analyst (Full-Ti m e)to the City Garage Fund.$20,065 $20,065 $--- Tota l Expenditures $20,06 5 $20 06 5 $. G a rag e Fund A m ended Budget $13,497,911 6/18 /2024 Budget Am endm ent - Garage Fund Am ended Budget @ 06/18/2024 $13,497,911 --~-- Insura nce Fund (551) Description Decrease Increase Total ----·---Expenditures In su rance W orker's C om pensation C laim s s 4,652 $-$(4,652) In su rance O ther C osts 4,652 4,652 In su rance Package -Policy Prem ium 84,116 (84,116) In su rance -G eneral Li ability 84.116 84.116 Request to supplem ent the shortage to cover the cost of the insurance premiums.$88,768 $88,768 $- Tota l Ex pe nditures $88 ,768 $88,768 $. --$In su rance Fund Am ended Budget 26,132,840 6/18 /2024 Budget Am endm ent - Insurance Fund Am ended Budget @ 06/18/2024 $26,132,840 5 of 18 (1)Departmental Line Transfer (3)lnterfund/lnterdepartmental Transfer (5)Requested By:Fire Department City of Delray Beach Budget Transfer Form (2)Date:5/31/2024 (4)Journal Number:_ PROJECT #(6)ACCOUNT NUMBER (7)DESCRIPTION (8)TRANSFER OUT (9)TRANSFER IN ---- 001-22-190-522.12-10 Salaries and Wages -Operations $253,543.00---001-22-190-522.12-20 Wages Holiday Pay 3,484.00--FICA -Operations001-22-190-522.21.10 5,246.00 001-22-190-522 54-40 Tuition Reimbursement 1,258.00--001-22-190-522.14-10 Overtime 263.531.00 -------- -- - ~ (10)TO TAL $263,531.00 $263,531.00 JUSTIFICATION:Request for additional funds to cover overtime shortage in Highland Beach. Department Head Budget Office Finance Director City Manager 6 of 18 (1)Departmental Line Transfer (3)lnterfund/lnterdepartmental Transfer City of Delray Beach Budget Transfer Form (2)Date:5/22/2024 (4)Journal Number: (5)Requested By:Amanda Skeberis,Business Operations Administrator,Public Works PROJECT#(6)ACCOUNT NUMBER (7)DESCRIPTION (8)TRANSFER OUT (9)TRANSFER IN ---Professional Services N/A 001-42-360-519.31-10 Engineering/Architectural $140,000.00 Professional Services Other Professional N/A 001-42-360-519.31-90 Services 50,000.00--[other Contractual Services Other NIA 001-42-360-519.34-90 Contractual Services $190.000.00--- ------ (10)TOTAL $190,000.00 $190,000.00 JUSTIFICATION:Transfer of funds intradepartmentally to implement various traffic/transportation related projects,to include the proposed intersection improvements at SW 6th Avenue and SW 2nd Street Department Head Budget Office Finance Director City Manager 7 of 18 City of Delray Beach Budget Transfer Form (1)Departm ental Line Transfer (3)lnterfund/lnterdepartm ental Transfer (5)Requested By:Am anda Skeberis,Business Operations Adm inistrator,Public Works (2)Date:5/20/2024 (4)Journ al Num ber: PRO JECT#(6)ACCO UNT NUM BER (7)DESCRIPTIO N (8)TRANSFER OUT (9)TRANSFER IN ----NIA 001-42-000-519.31-10 Professional Serv ices Engineering/Architectural $90.000.00 Non-Operating Tra nsfers Transfer to Gen Constr. N/A 001-91-910-581.91-50 (334)$90,000.00 -- --------N/A 334-00-00O 381-100 Inter-Fund Transfers Received from General Fund 90,000.00--Capital Outlay Other Impro vem ents Lowson Bl4 41037 334-41-340-541.63-90 Pedestrian Bridge 90,000.00 ------ - -- - (10)TOTAL $90,000.00 $270,000.00 JUSTIFICATI O N:Additional funds are requested to pro vide additional CEi to carry the Lowson Blvd Pedestrian Bridge project through closeout,which is expected fo r July 2024 Departm ent Head Budget Office Finance Director City Manager 8 of 18 (1)Departmental Line Transfer (3)lnterfund/lnterdepartmental Transfer City of Delray Beach Budget Transfer Form (2)Date:6/4/2024 (4)Journal Number:_ (5)Requested By:Amanda Skeberis,Business Operations Administrator,Public Works PROJECT#(6)ACCOUNT NUMBER (7)DESCRIPTION (8)TRANSFER OUT (9)TRANSFER IN ----- --001-00-000.301-101 Budgetary Account Prior Year Surplus $-$1,750,000.00 ----Non-Operating Transfers Transfer to Gen 001-91-910-581.91-50 Constr.(334)1,750.000.00--- - --Inter-Fund Transfers Received from 334-00-000.381-1 00 General Fund 1,750.000.00 Capital Outlay -Special Recreation 75012 334-75-300-575 63-06 Facilities -Municipal Golf Course 1,750.000.00 (10)TOTAL $-$7,000,000.00 JUSTIFICATION:F undina needed to continue the 2020 Golf Course Renovation project paused at 60%desian in 2021 Department Head Budget Office Finance Director City Manager 9 of 18 (1)Departmental Line Transfer (3)lnteñund/lnterdepartmental Transfer City of Delray Beach Budget Transfer Form (2)Date:5/22/2024 (4)Journal Number: (5)Requested By:Amanda Skeberis,Business Operations Administrator,Public Works PROJECT#(6)ACCOUNT NUMBER (7)DESCRIPTION (8)TRANSFER OUT (9)TRANSFER IN ----N/A 377-00-000.301-101 Budgetary AccountPrior Year Surplus $-$561.,423.00--41026 377-41-361-519.63-90 Capital Outlay Other Improvements 1,000,000.00--72010 377-39-000-539.62-05 Capital Outlay Cemetery Mausoleum 1,000,000.00 - --- - - --- - (10)TOTAL $1,000,000.00 $1,561,423.00 JUSTIFICATION:Reallocation of the remaining $1,000,000 from the SE 36th Avenue/Gulfstream Boulevard Streetscape Improvements project and $561,423 from prior year surplus for the Infrastructure Surtax Fund to the new expense account for the Memorial Gardens Mausoleum Expansion project (Public Works Project No 23-008.Finance Project Code 72010) Department Head Budget Office Finance Director City Manager 1 O of 18 (1)Departmental Line Transfer (3)lnterfund/lnterdepartmental Transfer City of Delray Beach Budget Transfer Form (2)Date:5/22/2024 (4)Journal Number: (5)Requested By:Amanda Skeberis,Business Operations Administrator,Public Works PROJECT#(6)ACCOUNT NUMBER (7)DESCRIPTION (8)TRANSFER OUT (9)TRANSFER IN - --N/A 382-00-000.384-112 Debt Proceeds Note &Bond Proceeds $77,749.00 Repair and Maintenance Service - 41047 382-72-738-572 46-40 Hilltopper Elevator 44,404.00------Repair and Maintenance Service -Miller 41048 382-72-738-572 46-40 Park Elevator 33,345.00- -- - -- - (10)TOTAL $-$155,498.00 JUSTIFICATION:Additional funds are requested to complete full repairs/replacements to bring elevators to operational status. Department Head Budget Office Finance Director City Manager 11 of 18 (1)Departmental Line Transfer (3)lnterfund/lnterdepartmental Transfer (5)Requested By:Sue DiMascio Utilities City of Delray Beach Budget Transfer Form (2)Date:May 8,2024 (4)Batch Number: PROJECT#(6)ACCOUNT NUMBER (7)DESCRIPTION (8)TRANSFER OUT (9)TRANSFER IN ---- N/A 441-36-300-536.99-01 Non-Operating Contingency 350,000.00 N/A 441-36-259-536.34-90 Water Treatment &Storage $350,000.00-- Other Contractual Services- -- - $350,000.00 $350,000.00 JUSTIFICATION:Utilities request to Amend FY23-24 budget to allow additional $350,000 funds into GL account 34-90 Other Contractual Services currently ($189,726.04)due to increased usage of both wet and dry sludge removal.Through April dry sludge hauling is 83%more compared to last year,and wet sludge is 142%more compared to last year.Once drum filters are repaired hauling amounts should go back to normal. Department Head Budget Administrator Finance Director City Manager 12 of 18 (1)Departmental Line Transfer (3)lnterfund/lnterdepartmental Transfer (5)Requested By:Sue DiMascio Utilities City of Delray Beach Budget Transfer Form (2)Date:June 3,2024 (4)Batch Number:_ PROJECT#(6)ACCOUNT NUMBER (7)DESCRIPTION (8)TRANSFER OUT (9)TRANSFER IN --Budgetary Account Renewal 442-00-000.301-024 And Replacement 14,707,146.00 t---~Capital Outlay -Other Improvements -Water 36001 442-36-260-536.63-90 Treatment Plant 14,707,146.00 -- - - - $14,707,146.00 $- JUSTIFICATION:Request to transfer the Water Treatment Plant Project from Fund 442 to the newly created Water and Sewer -Water Treatment Plant (WTP)Fund (443). Department Head Budget Administrator Finance Director City Manager 13 of 18 (1)Departmental Line Transfer (3)lnterfund/lnterdepartmental Transfer (5)Requested By:Sue DiMascio Utilities City of Delray Beach Budget Transfer Form (2)Date:June 3,2024 (4)Batch Number: PROJECT#(6)ACCOUNT NUMBER (7)DESCRIPTION (8)TRANSFER OUT (9)TRANSFER IN Bond Proceeds -Water 443-00-000.384-112 Treatment Plant $15,877.219.00--- -Capital Outlay -Water 36001 443-36-260-536.63-90 Treatment Plant -$15,877.219.00 -- - $-$31,754,438.00 JUSTIFICATION:Request to create the Water and Sewer Water Treatment Plant from Bond Proceeds. Department Head Budget Administrator Finance Director City Manager 14 of 18 (1)Departmental Line Transfer (3)lnterfund/lnterdepartmental Transfer (5)Requested By:Parks &Recreation City of Delray Beach Budget Transfer Form (2)Date:5/23/24 (4)Batch Number: PROJECT#(6)ACCOUNT NUMBER (7)DESCRIPTION (8)TRANSFER OUT (9)TRANSFER IN M achinery &Equipm ent -C apital 445-75-300-575.64-90 O utlay $5,185.00---Repair and M aintenance Serv ice - 445-75-151-575.46-20 Building M aintenance -Pro -Shop 49,205.00 Repair and M aintenance Serv ice - 445-75-150-575.46-40 O perations 56,193.00 Repair and M aintenance Serv ice - 445-75-153-575.46-40 C ourse M aintenance $110,583.00-- --- ---- - - - - $110,583.00 $110,583.00 JUSTIFICATION:Request to re-allocate CIP approved funds fo r M unicipal G olf course re-sodding of greens Department Head Budget Administrator Finance Director City Manager 15 of 18 (1)Departmental Line Transfer (3)lnterfund/lnterdepartmental Transfer (5)Requested By:Parks &Recreation City of Delray Beach Budget Transfer Form (2)Date:5/23/24 (4)Batch Number: PROJECT#(6)ACCOUNT NUMBER (7)DESCRIPTION (8)TRANSFER OUT (9)TRANSFER IN Professional Services -Capital 446-75-300-575.31-90 Outlay s 50,000.00f-- Repair and Maintenance 446-75-153-575.46-40 Service -Course Maintenance $50,000.00- --- $50,000.00 $50,000.00 JU S TI F IC A T IO N :Request to re-allocate CI approved funds for Lakeview golf course re-sodding of greens Department Head Budget Administrator Finance Director City Manager 16 of 18 (1)Departmental Line Transfer (3)lnterfund/lnterdepartmental Transfer City of Delray Beach Budget Transfer Form (2)Date:5/22/2024 (4)Journal Number:_ (5)Requested By:Amanda Skeberis,Business Operations Administrator,Public Works PROJECT#(6)ACCOUNT NUMBER (7)DESCRIPTION (8)TRANSFER OUT (9)TRANSFER IN --- 501-90-900-519.99-01 Other Non-Operating Contingency $20,065.00--- --501-43-000-549.12-10 Regular Salaries Wages Regular $14,434.00----501-43-000-549.21-10 FICA Taxes Employer FICA 1,034.00---501-43-000-549.23-10 Life &Health Insurance Health Insurance 4,060.00--------501-43-000-549 23-20 Life &Health Insurance Life Insurance 48.00-------------------501-43-000-549.23-30 Life &Health lnsuranc Disability Insurance 34.00----501-43-000-549.24-10 Workers Compensation 144.00--Other Employee Benefits Unemployment - 501-43-000-549 25-10 Compensation 5.00 501-43-000-549.27-10 EAP 6.00 501-43-000-549.52-33 Operating Supplies Uniform /Linen Service 300.00 - (10)TOTAL $20,065.00 $20,065.00 JUSTIFICATION:Transfer 5 FTE Fleet Analyst position from the Public Works Administration to the City Garaqe Administration budget,as well as reclassify position to full-time.This position will also be funded as full-time in the Garage budget in FY25 and the forseeable future. Department Head Budget Office Finance Director City Manager 17 of 18 City of Delray Beach Budget Transfer Form (1)Departmental Line Transfer (3)lnterfund/lnterdepartmental Transfer (5)Requested By:Human Resources/Risk Management Division (2)Date:5/20/24 (4)Batch Number: PROJECT#(6)ACCOUNT NUMBER (7)DESCRIPTION (8)TRANSFER OUT (9)TRANSFER IN ~·-----Insurance Worker's 551-13-040-513.45-52 Compensation Claims $4,652.00 551-13-040-513.45-15 Insurance Other Costs 4,652.00 -Insurance Package -Policy - 551-13-040-513.45-31 Premium 84.116.00---551-13-040-513.45-II Insurance -General Liability 84,116.00-- - ---- - $88,768.00 $88,768.00 JUSTIFICATION: The City maintains general liability insurance and excess general liability insurance coverage for Railroad Crossing and general liability insurance coveraqe for the Womens Club.These polices are due to be renewed June 5,2024,and June 5,2024,respectively.The operating balance for general ledger account 551130405134515 has a shortage to cover the cost of the premiums.This balance transfer is needed to suoolement the shortaqe to cover the cost of the insurance premiums. The City's fourth quarter insurance premium for fund year 23/24 is due July 1,2024 The operating balance for general ledger 551-13-040-513-45-11 which covers "general liability,auto liability,and cyber"insurance is short.This budget transfer is needed to supplement the shortage to cover the cost of the insurance premium. Department Head Budget Administrator Finance Director City Manager 18 of 18