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14-1362 Budget Amendment for FY 2013/2014RESOLUTION NO 14-1362 A RESOLUTION OF THE CITY OF LONGWOOD, FLORIDA, AMENDING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2013 AND ENDING SEPTEMBER 30, 2014, PROVIDING FOR A BUDGET AMENDMENT WHEREAS, the City Commission of the City of Longwood, Florida, has determined that the Budget for Fiscal Year 2013/2014 should be amended, and WHEREAS, Section 5 of Ordinance No 12-1996 provides for amendments of the 2013/2014 Budget. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LONGWOOD, FLORIDA, AS FOLLOWS SECTION 1. That the Budget for the City of Longwood, Florida, Fiscal Year 2013/2014 is hereby amended as indicated in Exhibit "A," Budget Amendment which is hereby attached and made part of this Resolution by reference thereto and adoption. SECTION 2. Effective Date. This Resolution shall take effect upon final passage PASSED AND ADOPTED THIS (9 DAY OF , 2014 ��J-R'Wgj My Approved as to form and legality for the use and relianipj of Longwood, Florida, only. CITY OF LONGWOOD FY 14 BUDGET AMENDMENT - RESOLUTION #14-1362 RNUEEXPENDITURES General Fund 001-0000-389.10-00-Cash Carryforward 447,938 001-1100-587.98-10-Reserves 447,938 Adjust Beginning Estimated FY14 Budgeted Fund Balance to Ending Actual FY13 CAFR Fund BalanceIncreasing both accounts 001-1100-587.98-10-Reserves (25,000) 001-3100-515.48-00-Promotional Activities 25,000 Jobs Growth Incentive payment for Florida Marking Products approved at 7115113 Comm Mfg not included in FY14 Budget 001-0000-343.40-00-Solid Waste Disposal Fee Revenue 10,000 001-1615-534.43-10-Solid Waste Disposal Pymnts 10,000 Adjustment to reflect increased activity 001-0000-341.30-00-Cost Recovery Revenue 75,000 001-3100-51531-00-Professional Services To account forProfessional setvicesfees incurred on behalf of and reimbursed by Builders in Comm Dev 75,000 Building & Inspection Fund 102-0000-389.10-00-Cash Carryforward (36,504) 102-2900-524.98-10-Reserves Adjust Beginning Estimated FYN Budgeted Fund Balance to Ending Actual FY13 CAFR Firnd Balance Decreasing both accounts (36,504) Police Education Fund 116-0000-389.10-00-Cash Carryforward (866) 116-2600-521.98-10-Reserves Adjust Beginning Estimated FY14 Budgeted Fund Balance to Ending Actual FY13 CAFR Fund Balance Decreasing both accounts (866) Special Law Enforcement Fund 117-0000-389.10-00-Cash Carryforward 33,228 117-2600-521.98-10-Reserves Adjust Beginning E timated FY14 Budgeted Fund Balance to Ending Actual FY13 CAFR Find Balance Increasing both accounts 33,228 Special Assessment Fund 130-0000-389.10-00-Cash Carryforward 44,291 130-3520-541.98-10-Reserves Adjust Beginning Estimated FY14 Budgeted Fiend Balance to Ending Actual FY13 CAFR Fund Balance Increasing both accounts 44,291 Grants Fund 150-0000-331.48-99-HUD Sustainability Grant 211,107 150-3100-515.31-00-Professional Services Axst Grant budget to award amount recognized in FY14 bared on expenditures incurred to date 21M07 Public Facilities Fund 310-0000-389.10-00-Cash Carryforward 9,481 310-3520-541.98-10-Reserves 9,481 Ad iest Beginning Estimated FY14 Budgeted Fund Balance to Ending AdualFY13 CAFR FundBalance Increasing botb accounts Capital Projects Fund 320-0000-389.10-00-Cash Carryforward 39,767 320-3520-541.98-10-Reserves 39i767 Ad ust Beginning Estimated FY14 Budgeted Fund Balance to Ending Actual FY13 CAFR Fund Balance Increasing barb accounts - 320-0000-383.00-00-Lease Proceeds 205,768 320-3520-541.64-00-CapitalEquipment 205,768 SunTnest Equipment Lease #6 for additional computer equpment approved at 4121114 Comm Mtg. 320-3520-541.98-10-Reserves (21,629) 320-3520-541 .64-00-Cdpital Equipment 35,815 320-0000-364.40-15-Sale of Equip -Police Dept 14,186 To adjust budget for the Police Dept's 2 carpurcbase/trade-inl insurance proceeds transaction due to accident - Public Utilities Fund 401-0000-389.10-00-Cash Cauyforward 907,891 401-1620-513.98-10-Reserves 907,891 Ad ust Beginning Estimated FY14 Budgeted Firnd Balance to EndingActual FY13 CAFR Fund Balance Increasing both accounts Stormwater Fund 406-0000-389.10-00-Cash Carryforward 290,698 406-3520-541.98-10-Reserves 290,698 Ad iut Beginning Estimated FY14 Budgeted Fiend Balance to Ending Aclseal FY13 C.AFR Find Balance Increasing botb accounts