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Resolution 11-1282RESOLUTION NO. 11-1202 A RESOLUTION OF THE CITY OF LONGWOOD, FLORIDA, AMENDING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2010 AND ENDING SEPTEMBER 30, 201.1, PROVIDING FOR A BUDGET AMENDMENT WHEREAS, the City Coininission of the City of Longwood, Florida, has determined that the Budget for Fiscal Year 2010/2011 should be amended; and WHEREAS, Section 6 of Ordinance No. 10-1938 provides for amendments of the 2010/2011 Budget. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LONGWOOD, FLORIDA, AS FOLLOWS: SECTION l: That the Budget for the City of Longwood, Florida, Fiscal Year 2010/2011 is hereby ainended as indicated in Exhibit "A," Budget Amendment which is hereby attached and made part of this Resolution by reference thereto. SECTION 2: Effective Date. This Resolution shall take effect upon final. passage and adoption. PASSED AND ADOPTED T141S �DAY OF a , A.D., 2010. s WY, DURSO, MAYOR OF LONGWOOD, FLORIDA ATTES SARAH M. MIRUS, MMC, MBA, CITY CITY OF LONGWOOD, FLORIDA Approved as to form and legality for the Ex hib t A Resolution 111-1282 City of Longwood Budget Amendment FY 20110/201111 Public Facilities Improvement Fungi REVENUE EXPENDITURES (1) 310-0000-223.20-00 Deferred Revenue 493,159 310-3520-541.63-00 Improvements 493,159 RESERVES EXPENDITURES S (2) 310-3520-541.98-10 Reserves 506,841 310-3520-541.63-00 Improvements 506,841 The purpose of tl-ds budget amendment is to recognize deferred revenue received from Seminole County in Fiscal Year 2009/20t0 pet the One Cent Sales Tax and Reserves fioin the Public Facilities Improvement Fund to fully fund die nest six unpaved roadway projects. Total PFIl~ Budget Amendment F"$-J;OQ®;(1®0;1 „,$ _Ll',0001 j