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24-1660 Budget AmendmentRESOLUTION NO. 24-1660 A RESOLUTION OF THE CITY OF LONGWOOD, FLORIDA, AMENDING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2023 AND ENDING SEPTEMBER 30, 2024, INCLUDING ADJUSTMENTS FOR REVENUE AND EXPENDITURES; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE WHEREAS, the City Commission adopted the final budget for the fiscal year 2023/2024 through Ordinance No. 23-2244 on September 18, 2023. WHEREAS, the City Commission of the City of Longwood, Florida, has determined that the Budget for the fiscal year 2023/2024 should be amended; and WHEREAS, Florida Statutes, Section 166.241(4) requires the governing body amend the budget in the same manner as the original budget is adopted; and WHEREAS, the 2023/2024 budget for the General Fund, Parks and Events Fund, COPS Fund, CERT Fund, Police Impact Fees Fund, Fire Impact Fees Fund, Recreation Impact Fees Fund, PW/Administrative Impact Fees Fund, Public Facilities Fund, Capital Projects Fund, Renewal_ and Replacement Fund, Stormwater Fund, and Public Utilities Fund, require amendments -to_, reflect adjustments to the revenues and expenditures as described in Exhibit A, which is=attached: NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY -OF LONGWOOD, FLORIDA, AS FOLLOWS: SECTION 1. BUDGET AMENDMENT: The City Commission of the City of Longwood hereby amends the fiscal year 2023-2024 budget appropriations for the General Fund, Parks and Events Fund, COPS Fund, CERT Fund, Police Impact Fees Fund, Fire Impact Fees Fund, Recreation Impact Fees Fund, PW/Administrative Impact Fees Fund, Public Facilities Fund, Capital Projects Fund, Renewal and Replacement Fund, Stormwater Fund, and Public Utilities Fund, as depicted in Exhibit "A" which is hereby attached and made part of this Resolution by reference thereto. Resolution No. 24-1660 Page 1 of 2 SECTION 2. SEVERABILITY: It is hereby declared to be the intention of the City Commission that the sections, paragraphs, sentences, clauses, and phrases of this Resolution are severable, and if any phrase, clause, sentence, paragraph, or section of this Resolution shall be declared unconstitutional by the valid judgment or decree of a court of competent jurisdiction, such unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs and sections of this Resolution. and adoption. SECTION 3. EFFECTIVE DATE: This Resolution shall take effect upon final passage PASSED AND ADOPTED THIS 20t'DAY OF MAY 2024. City of Longwood, Florida Matthew McMillan, Mayor Approved as to form and legality for the use and reliance of the City of Longwood, Florida, only. v Dani W. Langl , Cit t r y Resolution No. 24-1660 Page 2 of 2 EXHIBIT A CITY OF LONGWOOD 2024 MID -YEAR BUDGET ADJUSTMENTS RES#24-1660 Description Account Number Revised Estimated Budget Current Budget Proposed Amendment GENERAL FUND 001 Revenues Federal Grants/FEM 001-0000-331-5000 793,928.00 530,000.00 263,928.00 Other Fines/Code Enforcement 001-0000-354-3030 35,000.00 30;000.00 5,000.00 Donations/Employee Events 001-0000-366-3000 29,100.00 4,100.00 25,000.00 Total Revised Revenues General Fund 293,928.00 Expenditures Postage 001-1200-512-4200 16,000.00 10,000.00 5,000.00 Employee Programs 001-1300-513-4021 40,000.00 15,000,00 25,000.00 Operating Supplies 001-1500-513-5200 2,034.00 200.00 1,834.00 Reserves 001-9999-599-9810 4,943,158.00 4,681,064.00 262,094.00 Total Revised Expenditures General Fund . 293,928.00 Revenues Less Expenditures in General Fund PARKS AND EVENTS FUND 131 Revenues Celebrate the Season 131-0000-347-2032 13,615.00 12,000.00 1,615.00 Halloween 131-0000-347-2037 3,550.00 2,000.00 1,550.00 Autism Awareness 131-0000-347-2039 5,500.00 3,000.00 2,500.00 Fall Festival 131-0000-347-2043 21,720.00 - 21,720.00 Food Trucks 131-0000-347-2044 1,000.00 - 1,000.00 Halloween Dance 131-0000-347-2045 550.00 - 550.00 Total Revised Revenues Parks and Events Fund 28,935.00 Expenditures Parks & Events Reserves 131-3210-574-9810 50,938.00 22,003.00 28,935.00 Total Revised Expenditures Parks & Events Fund 28,935.00 Revenues Less Expenditures in Parks & Events Fund COPS FUND 132 Revenues Donations 132-0000-366-0000 300.00 - 300.00 Total Revised Revenues COPS Fund 300.00 Expenditures COPS Reserves 132-2600-521-9810 7,320:00 7,020.00 300.00 Total Revised Expenditures COPS Fund 300.00 Revenues Less Expenditures in Parks & Events Fund CERT FUND 133 Revenues Mustang Show 133-0000-347-4020 300.00 - 300.00 Total Revised Revenues CERT Fund 300.00 Expenditures EXHIBIT A CITY OF LONGWOOD 2024 MID -YEAR BUDGET ADJUSTMENTS RES#24-1660 Description Account Number Revised Estimated Current Budget Proposed Budget Amendment CERT Reserves 133-2800-522-9810 8,561.00 8,261.00 300.00 Total Revised Expenditures COPS Fund 300.00 Revenues Less Expenditures in.Parks & Events Fund POLICE IMPACT FEES FUND 134 Revenues Impact Fees Residential 134-0000-324-1100 75,000.00 5,000.00 70,000.00 Impact Fees Commercial 134-0000-324-1200 15,000.00 10,000.00 5,000.00 Total Revised Revenues Impact Fees Fund 75,000.00 Expenditures Operating Supplies 134-2600-521-5200 3,020.00 - 3,020.00 Reserves 134-5999-999-9810 97,248.00 25,268.00 71,980.00 Total Revised Expenditures Impact Fees Fund 75,000.00 Revenues Less Expenditures in Parks & Events Fund FIRE IMPACT FEES FUND 135 Revenues Impact Fees Residential 135-0000-324-1100 167,088.00 5,000.00 162,088.00 Impact Fees Commercial 135-0000-324-1200 30,920.00 4,000.00 26,920.00 Total Revised Revenues Impact Fees Fund 189,008.00 Expenditures Reserves 135-5999-999-9810 230,229.00 41,221.00 189,008.00 Total Revised Expenditures Impact Fees Fund 189,008.00 Revenues Less Expenditures in Fire Impact Fees Fund RECREATION IMPACT FEES FUND 136 Revenues Impact Fees Residential 136-0000-324-6100 193,144.00 5,000.00 188,144.00 Total Revised Revenues Impact Fees Fund 188,144.00 Expenditures Reserves 136-5999-999-9810 209,308.00 21,164.00 188,144.00, Total Revised Expenditures Impact Fees Fund 188,144.00 Revenues Less Expenditures in Recreation Impact Fees Fund - PW/ADM IMPACT FEES FUND 137 Revenues Impact Fees Residential 135-0000-324-1100 58,480.00 5,000.00 53,480.00 Impact Fees Commercial 135-0000-324-1200 4,500.00 2,200.00 2,300.00 Total Revised Revenues Impact Fees Fund 55,780.00 EXHIBIT A CITY OF LONGWOOD 2024 MID -YEAR BUDGET ADJUSTMENTS RES#24-1660 Description Account Number Revised Estimated Current Budget Proposed Budget Amendment Expenditures Reserves 137-5999-999-0810 58,448.00 2,668.00 55,780.00 Total Revised Expenditures Impact Fees Fund 55,780.00 Revenues Less Expenditures in Parks & Events Fund PUBLIC FACILITIES CAPITAL PROJECTS FUND 310 Revenues Federal Grant/EDA Grant 310-0000-331-1200 676,246.00 603,500.00 72,746.00 FDOT - JPA #443733-1 310-0000-334-4300 316,002.00 - 316,002.00 FDOT - Reimbursement 310-0000-334-4000 428,425.00 628,490.00 (200,065.00) Total Revised Revenues Public Facilities Fund 188,683.00 Expenditures E. Church Ave. Complete St 310-3520-541-6307 - 475,000.00 (475,000.00) Maine, Reider & E. Lake S. Longwood 310-3520-541-6317 539,847.84 319,847.84 220,000.00 Reserves 310-9999-599-9810 .2,353,332.00 1,909,649.00 443,683.00 Total Revised Expenditures Public Facilities Fund 188,683.00 Revenues Less Expenditures in Capital Projects Fund CAPITAL PROJECTS FUND 320 Revenues Total Revised Revenues Capital Projects Fund Expenditures Capital Equipment 320-3520-541-6400 66,800.00 45,500.00 21,300.00 Reserves 320-9999-599-9810 335,316.00 356,616.00 (21,300.00) Total Revised Expenditures Capital Projects Fund - Revenues Less Expenditures in Capital Proiects Fund PUBLIC UTILITIES FUND 401 Revenues Scrap Sales 401-0000-365=1000 25,300.00 1,000.00 24,300.00 Total Revised Revenues PU Fund 24,300.00 Expenditures Other Charges & Obligations 401-4120-536-4900 1,743,706.00 1,208,708.00 534,998.00 Road Materials 401-4120-536-5300 7,000.00 5,000.00 2,000.00 CIP/LiftStation Rehabilitation 401-4120-536-6316 165,000.00 - 165,000.00 Reclaimed Irrigation Expansion 401-4120-536-6328 - 50,000.00 (50,000.00) Capital Equipment 401-4120-536-6400 252,694.00 114,049.00 138,645.00 Reserves 401-9999-599-9810 3,526,433.00. 4,292,776.00 (766,343.00) Total Revised Expenditures PU Fund 24,300.00 Revenues Less Expenditures.in Public Utilities Fund RENEWAL & REPLACEMENT FUND 402 EXHIBIT A CITY OF LONGWOOD 2024 MID -YEAR BUDGET ADJUSTMENTS RES#24-1660 Description Account Number Revised Estimated Current Budget Proposed Budget Amendment Revenues Total Revised Revenues R&R Fund - Expenditures Sanitary Sewer I & II Rehab 402-4120-536-6317 - 20,000.00 (20,000.00) Hospital Rebuild 402-4120-536-6322 70,000.00 60,000.00 10,000.00 Reserves/Fund Balance 402-9999-599-9810 132,340.00 122,340.00 10,000.00 Total Revised Expenditures Stormwater Fund - Revenues Less Expenditures in Stormwater Fund STORMWATER FUND 406 Revenues Service Charges/Monterey Pond 406-0000-343-9000 2,745.00 - 2,745.00 Total Revised Revenues Stormwater Fund 2,745.00 Expenditures CIP/Pipelining 406-3520-541-6315 204,620.00 164,620.00 40,000.00 Reserves/Fund Balance 406-9999-599-9810 215,645.00 252,900.00 (37,255.00) Total Revised Expenditures Stormwater Fund 2,745.00 Revenues Less Expenditures in Stormwater Fund -