20-1543 Budget AmendmentRESOLUTION NO. 20-1543
A RESOLUTION OF THE CITY OF LONGWOOD, FLORIDA, AMENDING
THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2019
AND ENDING SEPTEMBER 30, 2020, PROVIDING FOR A BUDGET
AMENDMENT
WHEREAS, the City Commission of the City of Longwood, Florida, has determined
that the Budget for Fiscal Year 2019/2020 should be amended; and
WHEREAS, Section 5 of Ordinance No. 19-2163 provides for amendments of the
2019/2020 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
2019/2020 is hereby amended 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 THIS 215t DAY OF September 2020.
City of Longwood, Florida
Richard Drummond, Mayor
ATTEST:
Approved as to form and legality for the use and relia the Ci y of Longwood, Florida, only.
Daniel W. La ey, C' rney
CITY OF LONGWOOD
BUDGET AMENDMENT REQUEST
R# 20-1543
BAR# 2020-003
Department: Financial Services Date: 9/9/2020
Sources: Revenues
TOTAL SOURCES $ 487,501
Subtotal Expenditures $
Subtotal Reserves $ 487,501
TOTAL USES $ 487,501
BUDGET ANIENDMENTAPPROVAL
Purpose for Amendment: To recognize revenue proceeds from the purchase and sale agreement
related to property located at 300 North Wayman Street and to place in reserves for future spending.
Director Approval:
DATE:
Finance Approval: DATE:
City Manager Approval: DATE:
City Commission Meeting Date: 9/21/2020 (Y/N)
FOR FINANCE USE
Entry Date: Batch Number: