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19-1502 Budget Amendment Fiscal Year 2018/2019RESOLUTION NO. 19-1502 A RESOLUTION OF THE CITY OF LONGWOOD, FLORIDA, AMENDING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2018 AND ENDING SEPTEMBER 30, 2019, PROVIDING FOR A BUDGET /_1u1:1kIIII&Iakill WHEREAS, the City Commission of the City of Longwood, Florida, has determined that the Budget for Fiscal Year 2018/2019 should be amended; and WHEREAS, Section 5 of Ordinance No. 18-2142 provides for amendments of the 2018/2019 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 2018/2019 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 17th DAY OF June, 2019. wl'—Oow� .r M, City Clerk City of Longwood, Florida Matt Morgan, May Approved as to form and legality for the use and relian ity of Longwood, Florida, only. Daniel W. La orney CITY OF LONGWOOD FY 2018/2019 BUDGET AMENDMENT RESOLUTION No.19-1502 Exhibit A TRANSFER FROM TRANSFER TO Amend Budget to Increase Revenue to recoginize money Amend Budget to Increase Expenditures related received for cost recovery related to third party fees for to pre -development work which is contracted plans review. out. 001-0000-341-3000 55,891 001-3100-515-3120 55,891 Amend Special Assessment Fund to increase negative Amend Budget to Increase Expenditures for reserves Longwood Groves Contractual Services 130-3520-541-9810 31,000 130-3520-541-3402 20,000 Amend Budget to Increase Expenditures for Longwood Groves Utilities 130-3520-541-4302 1,000 Amend Budget to Increase Expenditures for Barrington Capital 130-3520-541-6307 10,000 Transfer From interest to cover debt service payments To principal to cover debt service payment rounding 001-3210-572-7200 1 001-3210-572-7100 1 Transfer From Public Works Prinicipal - Public Facilities To Leisure Services Principal for Reiter Park - improvement Fund Public Facilities Improvement Fund 310-3520-541-7100 252,722 310-3210-572-7100 252,722 Transfer From Public Works Interest - Public Facilities To Leisure Services Interest for Reiter Park - Improvement Fund Public Facilities Improvement Fund 310-3520-541-7200 116,123 310-3210-572-7200 116,123 Transfer To Public Works Interest - Public Utilities Transfer From Public Works Principal - Public Utilities Fund Fund (Interest was budgeted under principal) 401-4120-536-7100 3,955 401-4120-536-7200 3,955 Transfer From HR Liability Insurance Transfer To HR Insurance Deductible 001-1300-513-4500 25,000 001-1300-513-4520 25,000 Transfer To Public Works Rollover- CIP Projects Transfer From Reiter Park Project - Public Facilities (Improvements - Public Facilities Improvement Improvement Fund Fund) * 310-3100-524-6320 256,493 310-3520-541-6300 256,493 Exhibit A Page 1 CITY OF LONGWOOD FY 2018/2019 BUDGET AMENDMENT RESOLUTION No. 19-1502 Exhibit A Transfer To Public Works Rollover- CIP Projects Transfer From - Public Facilities Improvement Fund Projects (Improvements - Public Facilities Improvement Fund) * 310-3100-524-6302 (CI P-ADA Transition Plan) 15,000 310-3520-541-6300 310-3100-524-6303 (CIP-Engineering Studies) 30,000 310-3100-524-6306 (CIP-Bike Share Program) 20,000 310-3100-524-6307 (CIP-Multimodal Transp. USER) 10,000 310-3100-524-6318 (CIP-Corridor Landscaping/Hardscaping) 25,000 310-3520-541-3100 (Professional Services) 22,936 122,936 Transfer To Police Equipment - Capital Transfer From Capital Proiect Fund Reserve Improvement Fund 320-999-599-9810 29,731 320-2600-521-6400 29,731 Transfer From PW Reserves for Contingency Transfer To Public Works Rentals and Leases 001-3520-541-9800 2,000 001-3520-541-4400 1,000 001-3520-541-4900 1,000 Tranfer From Reserves Tranfser To IT 001-9999-599-9810 21,280 001-1640-513-3400 (Contractual Services) 5,046 001-1640-513-4100 (Communications) 6,263 001-1640-513-4100 (Repair and Maintenance) 4,157 001-1640-513-5200 (Operating Supplies) 5,814 Tranfer From Reserves Tranfser To Leisure Services 001-9999-599-9810 6,000 002-3210-572-6400 (Capital- Shed) 6,000 TOTAL 923,132 923,132 * The budget was increased on the roll over POs due to invoices mistakenly charged to this fiscal year when they should have gone into the last Fiscal Year. In order to offset the budget increase, change orders were done to reduce the money in the account line. There were additional expenses attributed to this year, further creating a negative balance. A PO was issued on 1/31/19 for the Church Ave. Paving Project for $264, 334.85. PO #18-00376 (previous fiscal year) was closed and then reopened when PW received an outstanding invoice. In order to pay the final invoice on 3/20/19, $55,200.41 was taken out of this year's budget to pay. Exhibit A Page 2