Loading...
Res 15-04RESOLUTION NO. 15-04 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, AMENDING RESOLUTION NO. 64-03 ADOPTED SEPTEMBER 23, 2003, WHICH MADE APPROPRIATIONS OF SUMS OF MONEY FOR ALL NECESSARY EXPENDITURES OF THE OF THE CITY OF DELRAY BEACH, FLORIDA, FOR THE FISCAL YEAR 2003/2004, BY SETTING FORTH THE ANTICIPATED REVENUES AND EXPENDITURES FOR THE OPERATING FUNDS OF THE CITY FOR THE FISCAL YEAR 2003/2004; TO REPEAL Al J. RESOLUTIONS INCONSISTENT HEREWITH. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOI.I.OWS: Section 1. That Section 1 of Resolution No. 64-03 adopted September 23, 2003, is hereby repealed, and a new Section 1 is enacted and amended to read as follows: That the following sums of money, attached hereto and marked Exhibit "A", are hereby appropriated upon the terms and conditions herein set forth. Section 2, That, subject to the qualifications contained in this resolution, all appropriations made out of the General Fund are declared to be maximum, conditional, and proportionate appropriations, the purpose being to make the appropriations payable in full in the amounts herein named if necessary and then only in the event the aggregate revenues collected and other resources available during the period commencing the 1st day of October, 2003, and ending the 30* day of September, 2004, for which the appropriations are made, are sufficient to pay all the appropriations in full. Otherwise, said appropriations shall be deemed to be payable in such proportion as the total sum of realized revenue of the General Fund is to the total amount of revenues estimated by the City Commission to be available in the period commencing the 1s~ day of October, 2003, and ending the 30* day of September, 2004. Section $, That all balances of the appropriations payable out of the General Fund of the City Treasury unencumbered at the close of business on the 30* day of September, 2003, except as otherwise provided for, are hereby declared to be hpsed into the City Treasury and may be used for the payment of the appropriations which may be made in any appropriation for the fiscal year commencing the 1st day of October, 2003. However, nothing in this section shall be construed to be applicable to unencumbered balances remaining to the credit of the Water and Sewer Fund, Sanitation Fund or any Fund created by the setting up of special revenue, but such balances shall be used in financing the proposed expenditures of these Funds for the fiscal year commencing the 1s~ day of October, 2003. Section 4. That no department, bureau, agency or individual receiving appropriations under the provisions of this resolution shall exceed the amount of its appropriation, except with the consent and approval of the City Commission first obtained. If such department, bureau, agency or individual shall exceed the amount of its appropriation without such consent and approval of the City Commission, the administrative officer or individual, at the discretion of the City Commission, may be deemed guilty of neglect of official duty and may be subject to removal therefore. Section 5. That nothing in this resolution shall be construed as authorizing any reduction to be made in the amounts appropriated in this resolution for the payment of interest on, or retirement of, the debt of the City of Delray Beach, Florida. Section 6, That none of the monies enumerated in this resolution in connection with the General Fund, Water and Sewer Fund, Sanitation Fund or any other Fund of the City shall be expended for any purposes other than those for which they are appropriated, and it shall be the duty of the Budget Administrator and/or Finance Director to report known violations of this section to the City Manager. Section 7. That all monies collected by any department, bureau, agency or individual of the City government shall be paid promptly into the City Treasury. Section 8. That the foregoing budget is hereby adopted as the official budget of the City of Delray Beach, Florida, for the aforesaid period. However, the restrictions with respect to the expenditures/expenses of the funds appropriated shall apply only to the lump sum amounts for classes of expenditures/expenses which have been included in this resolution. Section 9. That public heatings were held on the tax levy and the budget on September 9, 2003, and September 23, 2003. Section 10, That this resolution shall become effective immediately upon its passage. PASSED AND ADOPTED in regaflar session on this the 11 * day of March, 2004. City Clerk / M^ OR 2 Res. No. 15-04 EXHIBIT A (As Amended) BUDGET SUMMARY CITY OF DELRAY BEACH, FLORIDA FISCAL YEAR 2003-2004 CA,~H BALANCES BROUGHT FORWARD ESTIMATED REVENUES: TAXES AD VALOREM TAXES AD VALOREM TAXES AD VALOREM-DELINQUENT AD VALOREM - DDA Sales & Use Taxes Franchise Taxes Utility Taxes Other Taxes Licenses & Permits Intergovemmeotal Cha~es for Services Fines & Forfeitures Miscellaneous Revenues Other Financing Sources TOTAJ. REVENUES AND OTHER FINANCING ~OURCES TOTAL ESTIMATED REVENUES AND BALANCES 7.52 0.48 DOWNTOWN SPECIAL GENERAL DEVELOPMENT ENTERPRISE REVENUE FUND FUND FUNDS FUNDS TOTAL 1,721,226 72,060 1,644,320 0 3,437,606 33,791,490 33,791,490 2,157,380 2,157,380 89,000 89,000 209,780 209.780 1,760,000 1,760,000 3,248,000 3,248,000 4,044,000 4,044,000 4,166,000 4,166,000 2,970,860 2,970,860 6,641,320 4,180 1,779,400 8,424,900 5,708,000 32,519,910 17,500 38,245,410 883,500 883,500 2,553,830 7,000 606,480 23,000 3,190,310 2,879,720 68,000 1,373,820 4,321,540 70,893,100 216,780 33,198,570 3,193,720 107,502,170 72,614,326 288,840 34,842,890 3,193,720 110,939,776 General Government Services Public Safety Physical Environment Transportation Economic Environment Human Services Culture & Recreation Debt Service Other Financing Uses TOTAL EXPENDITURES~EXPENSES 7,163,730 7,163,730 39,106,660 0 39,106,660 398,990 19,955,160 20,354,150 1,599,560 1,599,560 3,503,580 288,840 1,596,140 5,388,560 119,000 119,000 9,807,280 3,610,690 1,337,260 14,755,230 3,837,140 5,653,730 9,490,870 6,732,006 5,150,940 212,750 12,095,696 72,267,948 288,840 34,370,520 3,146,150 110,073,458 Reserves 346,380 0 472,370 47,570 866,320 TOTAL SXPENDITURES AND RESERVES 72,614,326 288,840 34,842,890 3,193,720 110,939,776 MEMORANDUM TO: FROM: SUBJECT: DATE: MAYOR AND CITY COMMISSIONERS CITY MANAGER~ AGENDA ITEM # a:~,~:~ RESOLUTION NO, 15-04 - REGULAR MEETING OF MARCH 11, 2004 MARCH 5, 2004 This is before the Commission to consider approval of Resolution No. 15-04 amending Resolution No. 64-03, FY 2004 Budget Adoption, transferring $1,721,226.00 from the General Fund (Prior Year Surplus) to the General Construction Fund. These funds are needed to offset a current cash shortfall in General Construction Funds. The $1,721.226.00 is made up of $1,404,726.00, for prior year General Construction Projects and $316,500.00 for current year Assessment Projects. Once the final assessment rolls are adopted, this amount will be recorded as an offsetting receivable in the General Fund. Recommend approval of Resolution No. 15-04 amending Resolution No. 64-03, FY 2004 Budget Adoption, transferring $1,721,226.00 from the General Fund (Prior Year Surplus) to the General Construction Fund. S:\City Clerk\agenda memos\Res. 154)4. Operating Funs FY03-04.03.11.0,4 MEMORANDUM TO: FROM: DATE: SUBJECT: David Harden, City Manager Joseph Saffor~nce Director February 25, 2004 TRANSFER OF FUNDS FROM GENERAL FUND SURPLUS Attached is an agenda request to transfer available funds from the General Fund Surplus in the amount of $1,721,226. These funds are needed to offset a current cash shortfall in General Construction Funds. The $1,721,226 is made up of $1,404,726, for prior year General Construction Projects and $316,500 for current year Assessment Projects. The $1,404,726 shortfall is due to the completion of two major capital projects which were intended to be paid by Assessment Revenues. The assessments have not yet been levied. Therefore General Construction Revenues paid offthese projects. As the assessments are levied, the revenues will be recorded in the General Fund. Please place this item on the March 11, 2004 Agenda for consideration by the City Commission. RESOLUTION NO. 15-04 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, AMENDING RESOLUTION NO. 64-03 ADOPTED SEPTEMBER 23, 2003, WHICH MADE APPROPRIATIONS OF SUMS OF MONEY FOR ALL NECESSARY EXPENDITURES OF THE OF THE CITY OF DELRAY BEACH, FLORIDA, FOR THE FISCAL YEAR 2003/2004, BY SEITiNG FORTH THE ANTICIPATED REVENUES AND EXPENDITURES FOR THE OPERATING FUNDS OF THE CITY FOR THE FISCAL YEAR 2003/2004; TO REPEAL A1J. RESOLUTIONS INCONSISTENT HEREWITH. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS: Section 1. That Section 1 of Resolution No. 64-03 adopted September 23, 2003, is hereby repealed, and a new Section 1 is enacted and amended to read as follows: That the following sums of money, attached hereto and marked Exhibit "A", are hereby appropriated upon the terms and conditions herein set forth. Section 2. That, subject to the qualifications contained in this resolution, all appropriations made out of the General Fund are declared to be maximum, conditional, and proportionate appropriations, the purpose being to make the appropriations payable in full in the amounts herein named if necessary and then only in the event the aggregate revenues collected and other resources available during the period commencing the 1sC day of October, 2003, and ending the 30th day of September, 2004, for which the appropriations are made, are sufficient to pay all the appropriations in full. Otherwise, said appropriations shall be deemed to be payable in such proportion as the total sum of realized revenue of the General Fund is to the total amount of revenues estimated by the City Commission to be available in the period commencing the 1st day of October, 2003, and ending the 30th day of September, 2004. Section 3. That all balances of the appropriations payable out of the General Fund of the City Treasury unencumbered at the close of business on the 30* day of September, 2003, except as otherwise provided for, are hereby declared to be lapsed into the City Treasury and may be used for the payment of the appropriations which may be made in any appropriation for the fiscal year commencing the 1't day of October, 2003. However, nothing in this section shall be construed to be applicable to unencumbered balances remaining to the credit of the Water and Sewer Fund, Sanitation Fund or any Fund created by the setting up of special revenue, but such balances shall be used in financing the proposed expenditures of these Funds for the fiscal year commencing the l" day of October, 2003. Section 4, That no department, bureau, agency or individual receiving appropriations under the provisions of this resolution shall exceed the amount of its appropriation, except with the consent and approval of the City Commission first obtained. If such department, bureau, agency or individual shall exceed the amount of its appropriation without such consent and approval of the City Commission, the administrative officer or individual, at the discretion of the City Commission, may be deemed guilty of neglect of official duty and may be subject to removal therefore. Section 5. That nothing in this resolution shall be construed as authorizing any reduction to be made in the amounts appropriated in this resolution for the payment of interest on, or retirement of, the debt of the City of Delray Beach, Florida. Section 6. That none of the monies enumerated in this resolution in connection with the General Fund, Water and Sewer Fund, Sanitation Fund or any other Fund of the City shall be expended for any purposes other than those for which they are appropriated, and it shall be the duty of the Budget Administrator and/or Finance Director to report known violations of this section to the City Manager. Section 7. That all monies collected by any department, bureau, agency or individual of the City government shall be paid promptly into the City Treasury. Section 8. That the foregoing budget is hereby adopted as the official budget of the City of Delray Beach, Florida, for the aforesaid period. However, the restrictions with respect to the expenditures/expenses of the funds appropriated shall apply only to the lump sum amounts for classes of expenditures/expenses which have been included in this resolution. Section 9. That public hearings were held on the tax levy and the budget on September 9, 2003, and September 23, 2003. Section 10. That this resolution shall become effective immediately upon its PASSED AND ADOPTED in regular session on this the 11~ day of March, 2004. ATI'EST: MAYOR City Clerk 2 Res. No. 15-04 EXHIBIT A (As Amended) BUDGET SUMMARY CITY OF DELRAY BEACH, FLORIDA FISCAL YEAR 2003-2004 TAXES AD VALOREM TAXES AD VALOREM TAXES AD VALOREM-DELINQUENT AD VALOREM - DDA Sales & Use Taxes Franchise Tm(es Utility Taxes Other Taxes Licenses & Permits Intergovernrrlental Chargse for Services Fines & Forfeitures Miscellaneous Revenues Other Financing Sources DOWNTOWN 8PEC~L GENERAL DEVELOPMENT ENTERPRISE REVENUE FUND FUND FUNDS FUNDS 1,721,226 72,060 1,644,370 7.52 33,791,490 048 2,157,380 89,000 1.00 209,780 1,760,000 3,248,000 4,166,000 2,970,860 6,641,320 5,708,000 2,553,830 7,000 2~879,720 70r893,100 216,780 72~614r326 288r8,40 TOTAL 0 3,437,656 4,180 1,779,400 32,519,910 17,500 33,791,490 2,157,380 89,000 2~9,780 1,760,000 3,248,000 4,044,000 4,166,000 2,970,860 8,424,900 38,245,410 3,190,310 4~321 ~540 33~198~570 3~193~720 107,502,170 General Government Se~ices Public Safety Phy~nal Environment Trenalxxtat]~ Economic Environment Human Servmes Culture & Recreation Debt Servme Other Financing Uses 7,163,730 39,106,660 398,9~0 1,599,560 3,503,580 119,000 9,807,280 3,837,140 6~732~006 7,163,730 0 39,106,660 19,944,380 20,343,370 1,5G9,560 288,840 1,5~5,780 5,388,200 119,000 3,610,560 1,336,460 14,754,3~0 5,653,730 9,490,870 511501940 212~750 12~095~696 288,840 34,359,610 3,144,990 110,061,386 Reserves 346,380 0 483f330 48~730 878,440 TOTAL EXFENDITURE8 AND RESERVE8 72~614~326 288~840 34~842~940 3~193~720 110~939~826 AGENDAITEM NUMBER: AGENDA REQUEST Date: February 19, 2004 Request to be placed on: x Regular Agenda __ Special Agenda Workshop ^genda When: March 11, 2004 Description of agenda item: City Commission is requested to transfer $1,721,226 from the General Fund. (Prior Year Surplus) to the General Construction Fund. The General Construction Fund has a cash shortfall primarily due to several projects completed using assessments as the Funding source. These assessments, once approved, will be collected over a 10-year period. The General Fund will be reimbursed theses funds from the collection of the assessments. ORDINANCE/RESOLUTION REQUIRED: Draft of Resolution Attached: YES X NO YES NO Recommendation: City Commission approval of budget resolution to approve the transfer of $1,721,226 from the General Fund to the General Construction Fund. Department Head Signaturc: Determination of Consist~ency with Coi~t'pruheneive Plan: City Attorney Review/Recommendation (if applicable): Budget Director Review (required on all Items Involving expenditure of funds): Funding available: Yes Funding alternatives (if applicable): Account Numbe~ Account Description: Account Balance: City Manager Review: Approved for Agenda: ~ Hold Until: Agenda Coordinator Review: Received: Action: Pdor Yr Surplus/General Fund No Approved: Disapproved: P.O. #