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HomeMy WebLinkAbout2015 11 16 Consent 304 Resolution 2015-27 Final Budget Amendment for Fiscal Year 2014-2015COMMISSION AGENDA ITEM 304 Informational Consent X Public Hearings Regular November 16, 2015 KS SB Special Meeting City Manager Department REQUEST: City Manager requesting the Commission consider approval of Resolution 2015 -27, amending the Fiscal Year 2015 Budget. SYNOPSIS: This agenda item is needed to amend the Fiscal Year 2015 Budget, in the normal course of operations, for those funds which vary from the originally adopted budget. The vast majority of the amendments are necessary for one of the following reasons: . accrual of revenues and expenses in the appropriate fiscal period . variations between budgeted (estimated) and actual expenditures and revenues . 2014 -2015 agenda items with fiscal impact CONSIDERATIONS: The City Charter provides that the Commission may amend the budget by Resolution. Please note that only those funds requiring budget adjustment are included herein. Part of the normal course of operations at fiscal year -end is the accrual of revenues and expenses. The accruals are necessary for aligning revenues and expenses with the fiscal period to which they relate. It is also typical for some variances between actual and budgeted expenses and revenues to require budget adjustments. Furthermore, over the course of the fiscal year, various agenda items are approved by the Commission. In some cases, those approved agenda items lack specific language to amend the expenditure budget or the appropriation to or from fund balance. This resolution formalizes the fiscal impact of those actions. Consent 304 PAGE 1 OF 2 - November 16, 2015 This budget amendment provides for increased transfer from the General Fund to the Central Winds Debt Service Fund in anticipation of potential early debt reduction /retirement. Shown in Attachment 2 are the final budgeted ending fund balances for all funds requiring amendment for the 2014 -2015 fiscal year. Please note: these are budgeted figures only, not to be confused with audited financial statements which will be available by the end of March 2015. State statute requires that the final budget amendment be formalized by November 29, 2015 [Section 166.241 F.S.]. FISCAL IMPACT: This agenda item only amends the budget; it does not have an impact on actual revenues or expenditures. COMMUNICATION EFFORTS: This Agenda Item has been electronically forwarded to the Mayor and City Commission, City Manager, City Attorney /Staff, and is available on the City's Website, LaserFiche, and the City's Server. Additionally, portions of this Agenda Item are typed verbatim on the respective Meeting Agenda which has also been electronically forwarded to the individuals noted above, and which is also available on the City's Website, LaserFiche, and the City's Server; has been sent to applicable City Staff, Media/Press Representatives who have requested Agendas /Agenda Item information, Homeowner's Associations/Representatives on file with the City, and all individuals who have requested such information. This information has also been posted outside City Hall, posted inside City Hall with additional copies available for the General Public, and posted at five (5) different locations around the City. Furthermore, this information is also available to any individual requestors. City Staff is always willing to discuss this Agenda Item or any Agenda Item with any interested individuals. Within five days of approval and adoption of Resolution No. 2015 -27, the Final Budget for Fiscal Year 2014 -2015 will be placed on the City's website [Section 166.241 (5) FS]. RECOMMENDATION: It is recommended that the Commission approve Resolution 2015 -27. ATTACHMENTS: 1. Resolution Number 2015 -27 2. Budget Amendment Detail — General Fund, Other Governmental Funds, Enterprise Funds 3. General Fund Budget Amendment Summary Consent 304 PAGE 2 OF 2 - November 16, 2015 Attachment 1 RESOLUTION NUMBER 2015 -27 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF WINTER SPRINGS FLORIDA, AMENDING THE FISCAL YEAR 2014 -2015 BUDGET; PROVIDING FOR SEVERABILITY, REPEAL OF PRIOR INCONSISTENT RESOLUTIONS, AND AN EFFECTIVE DATE. WHEREAS, Section 7.05 of the City Charter provides that the annual City budget may be amended by Resolution duly adopted by the Commission; and WHEREAS, the City Commission of the City of Winter Springs deems that this Resolution is in the best interests of the public health, safety, and welfare of the citizens of Winter Springs. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF WINTER SPRINGS, SEMINOLE COUNTY, FLORIDA, AS FOLLOWS: Section 1. Incorporation of Recitals. The foregoing recitals are deemed true and correct and are hereby fully incorporated by this reference. Section 2. That the Fiscal Year 2014 -2015 City Budgets are amended as provided in Attachments 2 and 3 attached hereto. Section 3. Repeal of Prior Inconsistent Resolutions. All prior resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of the conflict. Section 4. Severability. If any section, subsection, sentence, clause, phrase, word, or portion of this Resolution is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining portion hereto. Section 5. Effective Date. This Resolution shall become effective immediately upon adoption by the City Commission of the City of Winter Springs, Florida. RESOLVED by the City Commission of the City of Winter Springs, Florida, in a special meeting assembled on the 16th day of November, 2015. CHARLES LACEY, Mayor City of Winter Springs, Florida Resolution 2015 -27 Page 1 of 2 ATTEST: ANDREA LORENZO- LUACES, City Clerk Approved as to legal form and sufficiency for the City of Winter Springs only: ANTHONY A. GARGANESE, City Attorney City of Winter Springs, Florida Resolution 2015 -27 Page 2 of 2 Attachment 2 Attachment 2 - Budget Amendment Detail Difference in 11/16/15; Consent 304; Resolution 2015 -27 Beg Fund Bal Actual Beg Fund Projected to Balance 9/30/14 General Fund Actual CAER Funds not included in this summary do not require budget amendment HELPFUL TOOLS: Comprehensive Annual Financial Report for the year ended September 30, 2014 as approved by City Commission on 3/23/2015 Regular 600, Fiscal Year 2014 -2015 Original Budget as approved by City Commission on 9/22/14 Public Hearing 501. General Fund #001 As approved by City Commission on 9/22/14 Public Hearing Item 501: �V 10/1/14 Budgeted Ending Fund Balance $7,914,338 $581,325 $8,495,663 FY ' 15 Budgeted Appropriation to (from) Fund Balance ($432,744) 9/30/15 Budgeted Ending Fund Balance $7,481,594 Amendments to be approved tonight to Original FY 2014 -2015 Budget (as approved on 9/22/14): $3,600 Difference in Beginning Fund Balance from projected to actual as shown in 9/30/14 CAFR $581,325 Commission Approved.• $16,579 Consent 303; 10.27.14 - 2014 Ford Escape - auction proceeds and transfer budget $19,500 Consent 303; 10.27.14- 2014 Ford Escape (2110) ($19,500) Additional Appropriation to (from) Fund Balance (Comm Approved) $0 Fiscal Year '14 Purchase Order /Budget Rollovers: Wayfmding project - PO Rollover #2014 -938; National Sign Plazas (1520) ($11,250) Dana Supply light bars - year -end timing issue (2130) ($10,409) EOC Project rollover - year -end timing issue (2100) ($600) Additional Appropriation to (from) Fund Balance (Purchase Order Rollovers) ($22,259) Revenue Neutral: Grants: Homeland Security grant - Revenues $54,182 Homeland Security grant - Expenditures (2100) ($54,182) Byrne grant - body cameras - Revenues $16,430 Byrne grant - body cameras - Expenditures (2100) ($16,430) Byrne grant - vehicle vault Consent 304; 2.9.15 - Revenues $2,804 Byrne grant - vehicle vault Consent 304; 2.9.16 - Expenditures (2100) ($2,804) Seminole 9 -1 -1 reimbursement - Comm Center upgrade - Revenues $27,080 Seminole 9 -1 -1 Communication Center upgrade - Expenditures (2140) ($27,080) CRA Reimbursement $8,000 CRA maintenance expenditure budget (1520) ($8,000) Lot clearing reimbursement $510 Lot clearing expenditure budget (2150) ($510) FMIT Grant revenues $1,225 FMIT Grant expenditures ($1,225) Consent 305; 9.14.15 PEAF Grant $500 Consent 305; 9.14.15 storage equipment (2140) ($500) �V Insurance/Recycline /Trade -In: Insurance proceeds - traffic accident $950 Expenditure budget for damage to vehicle (2100) ($950) Insurance proceeds - Veteran's Memorial $9,000 Repair budget for damage to Veteran's Memorial (7230) ($9,000) W FY 15 Final Budget Amendment November 16, 2015 Consent 304 Attachment 2 �V Community Events: Community Event Revenue - Spring Festival $3,937 Community Event Expenditure - Spring Festival (7400) ($3,937) Community Event Revenue - Winter Wonderland $3,600 Community Event Expenditure - Winter Wonderland (7400) ($3,600) Community Event Revenue - July 4th $16,579 Community Event Expenditure - July 4th (7400) ($16,579) �V Insurance/Recycline /Trade -In: Insurance proceeds - traffic accident $950 Expenditure budget for damage to vehicle (2100) ($950) Insurance proceeds - Veteran's Memorial $9,000 Repair budget for damage to Veteran's Memorial (7230) ($9,000) W FY 15 Final Budget Amendment November 16, 2015 Consent 304 Attachment 2 Attachment 2 - Budget Amendment Detail 11/16/15; Consent 304; Resolution 2015 -27 General Fund Other: $0 FMIT insurance rebate $34,658 FMIT insurance premium increase - accounting treatment (1920) ($22,369) FMIT insurance premium increase - accounting treatment (13 10) ($12,289) Camp revenue increase due to enrollment and time -frame extension $38,780 Camp expenditure budget due to enrollment and time -frame extension (7240) ($29,814) FEMA Close -out; assigned fund balance released from Solid Waste Fund $649,209 Park improvements and vehicle (7230) ($157,000) Transfer to Central Winds Debt Service (1900) ($300,000) Transfer to EICSI Fund - customer service initiatives (1600) ($98,209) Transfer to EICSI Fund - customer service initiatives (1360) ($10,500) Transfer to EICSI Fund - lobby improvements (1600/1900) ($54,600) PD and IS - comm center, switches (2100/1600) ($28,900) Fencing (7230) ($8,966) Increase General Fund revenues (elect franchise, half -cent, misc, PS grants) $206,000 Transfer to Central Winds Debt Service (1900) ($206,000) $0 Additional Appropriation to (from) Fund Balance (Revenue Neutral) $0 Other $0 Inter - departmental transfers: $2,550 Inter - departmental transfer FROM 72 (Parks) to PD for event public safety (7400) $4,721 Inter - departmental transfer FROM 72 (Parks) to PD for event public safety (2100) ($4,721) Inter - departmental transfer FROM 19 (Gen Gov't) sick -leave buy -back allocation $117,293 Inter - departmental transfer TO multiple divisions for sick -leave buy -back allocation (see attachment 3) ($117,293) Inter - departmental transfer FROM 19 (Gen Gov't) merit allocation $102,284 Inter - departmental transfer TO multiple divisions for merit allocation (see attachment 3) ($102,284) Inter - departmental transfer FROM Dep't 12 (Executive) for transfer to debt service fund(s) $84,700 Inter - departmental transfer TO Dep't 19 (General Gov't) for transfer to debt service fund(s) ($84,700) Inter - departmental transfer FROM Dep't 13 (Finance) for transfer to debt service fund(s) $37,000 Inter - departmental transfer TO Dep't 19 (General Gov't) for transfer to debt service fund(s) ($37,000) Inter - departmental transfer FROM Dep't 15 (Com Dev) for transfer to debt service fund(s) $146,100 Inter - departmental transfer TO Dep't 19 (General Gov't) for transfer to debt service fund(s) ($146,100) Inter - departmental transfer FROM Dep't 16 (Info Svcs) for transfer to debt service fund(s) $83,000 Inter - departmental transfer TO Dep't 19 (General Gov't) for transfer to debt service fund(s) ($83,000) Inter - departmental transfer FROM Dep't 72 (Parks) for transfer to debt service fund(s) $59,200 Inter - departmental transfer TO Dep't 19 (General Gov't) for transfer to debt service fund(s) ($59,200) Inter - departmental transfer FROM Dep't 41 (Public Works) for transfer to debt service fund(s) $91,500 Inter - departmental transfer TO Dep't 19 (General Gov't) for transfer to debt service fund(s) ($91,500) Inter - departmental transfer FROM Dep't 22 (Fire) for transfer to debt service fund(s) $21,000 Inter - departmental transfer TO Dep't 19 (General Gov't) for transfer to debt service fund(s) ($21,000) Inter - departmental transfer FROM Dep't 21 (Police) for transfer to debt service fund(s) $81,500 Inter - departmental transfer TO Dep't 19 (General Gov't) for transfer to debt service fund(s) ($81,500) $0 Additional Appropriation to (from) Fund Balance (Revenue Neutral) $0 Other Community Event Revenue - Hometown Harvest $2,550 Community Event Expenditure - Hometown Harvest (7260/7400) ($3,902) Reduced fuel budget due to declining pricing (4110/1520/2100) $6,500 Increase Electricity Franchise and Utility Tax revenue budget $170,000 Capital budget - five patrol vehicles (2100) ($170,000) CRA District reimbursement 17 -92 $43,000 CRA District expenditure budget (1520) ($29,652) Additional Appropriation to (from) Fund Balance Other $18,496 Revisions to Original Budgeted Appropriation to (from) Fund Balance REVISED 9/30/15 Budgeted Ending Fund Balance $8,059,156 Difference in Beg Fund Bal Actual Beg Fund Projected to Balance 9/30/14 Actual CAFR FY 15 Final Budget Amendment November 16, 2015 Consent 304 Attachment 2 Attachment 2 - Budget Amendment Detail 11/16/15; Consent 304; Resolution 2015 -27 Other Governmental Funds HELPFUL TOOLS: Comprehensive Annual Financial Report for the year ended September 30, 2014 as approved by City Commission on 3/23/2015 Regular 600; Fiscal Year 2014 -2015 Original Budget as approved by City Commission on 9/22/14 Public Hearing 501. Police Education Fund #101 As approved by City Commission on 9/22/14 Public Hearing Item 501: 10/1/14 Budgeted Beginning Fund Balance $9,995 FY'15 Budgeted Appropriation to (from) Fund Balance ($9,975) 9/30/15 Budgeted Ending Fund Balance $20 Amendments to be approved tonight to Original FY 2014 -2015 Budget (as approved on 9/22/14): Difference in Beginning Fund Balance from projected to actual as shown in 9/30/14 CAFR $4,420 Traffic Fine Revenue $4,107 Revisions to Original Budgeted Appropriation to (from) Fund Balance $8,527 REVISED 9/30/15 Budgeted Ending Fund Balance $8,547 Special Law Enforcement Fund - Local #102 As approved by City Commission on 9/22/14 Public Hearing Item 501 Difference in Beg Fund Bal Actual Beg Projected to Fund Balance Actual 9/30/14 CAFR 10/1/14 Budgeted Beginning Fund Balance $23,457 $3,988 $27,445 FY'15 Budgeted Appropriation to (from) Fund Balance ($22,705) 9/30/15 Budgeted Ending Fund Balance $752 Amendments to be approved tonight to Original FY 2014 -2015 Budget (as approved on 9/22/14): ($5,927) Difference in Beginning Fund Balance from projected to actual as shown in 9/30/14 CAFR $3,988 Increase confiscated property revenues to reflect actuals $19,737 Revisions to Original Budgeted Appropriation to (from) Fund Balance $23,725 REVISED 9/30/15 Budgeted Ending Fund Balance $24,477 Special Law Enforcement Trust Fund - Federal #103 As approved by City Commission on 9/22/14 Public Hearing Item 501: 10/1/14 Budgeted Beginning Fund Balance $49,298 $46,063 $36M FY'15 Budgeted Appropriation to (from) Fund Balance ($43,345) 9/30/15 Budgeted Ending Fund Balance $5,953 Amendments to be approved tonight to Original FY 2014 -2015 Budget (as approved on 9/22/14): Difference in Beginning Fund Balance from projected to actual as shown in 9/30/14 CAFR $46,063 Increase confiscated property revenues to reflect actuals $34,749 Consent 303; 10.27.14 - 2014 Ford Escape - transfer budget ($4,825) Consent 304. 10.27.14 - Crimeline donation ($1,000) Consent 301. 1. 12.15 - server for PD body cameras ($5,927) Consent 301; 3.23.15 - supplemental appropriation (computers, sound meter, fingerprint system, pro tablets, etc.) ($17,645) Consent 301, 3.23.15 - storage unit, FLC grant revenues $1,334 FMIT Grantrevenues $1,775 FMIT Grant expenditures ($1,775) Revisions to Original Budgeted Appropriation to (from) Fund Balance $52,749 REVISED 9/30/15 Budgeted Ending Fund Balance $58,702 FY 15 Final Budget Amendment November 16, 2015 Consent 304 Attachment 2 Attachment 2 - Budget Amendment Detail 11/16/15; Consent 304; Resolution 2015 -27 Other Governmental Funds HELPFUL TOOLS: Comprehensive Annual Financial Report for the year ended September 30, 2014 as approved by City Commission on 3/23/2015 Regular 600; Fiscal Year 2014 -2015 Original Budget as approved by City Commission on 9/22/14 Public Hearing 501. Transportation Improvement Fund #120 Difference in Beg Fund Bal Actual Beg Projected to Fund Balance Actual 9/30/14 CAFR As approved by City Commission on 9/22/14 Public Hearing Item 501: 10/1/14 Budgeted Beginning Fund Balance $93,478 $630,596 FY'15 Budgeted Appropriation to (from) Fund Balance ($260,093) 9/30/15 Budgeted Ending Fund Balance $277,025 Amendments to be approved tonight to Original FY 2014 -2015 Budget (as approved on 9/22/14): $2,647,649 Difference in Beginning Fund Balance from projected to actual as shown in 9/30/14 CAFR $93,478 Consent 301, 2.9.15 - Bucket Truck ($55,500) Reimbursement from Road Improvement Fund - 2nd Gen $1,308,747 Consent 301; 8.10.15 - Sidewalks and curb replacement ($91,663) Consent 302; 9.14.15 - Sidewalks and curb replacement ($40,000) Net capital budget reduction $80,000 Consent 301, 6.22.15 - Ford F -550 ($35,612) Revisions to Original Budgeted Appropriation to (from) Fund Balance $1,259,450 REVISED 9/30/15 Budgeted Ending Fund Balance $1,536,475 Road Improvements Fund #121 As approved by City Commission on 9/22/14 Public Hearing Item 501: $2,647,649 10/1/14 Budgeted Beginning Fund Balance $1,488,004 FY'15 Budgeted Appropriation to (from) Fund Balance $783,125 9/30/15 Budgeted Ending Fund Balance $2,271,129 Amendments to be approved tonight to Original FY 2014 -2015 Budget (as approved on 9/22/14): $85,366 Difference in Beginning Fund Balance from projected to actual as shown in 9/30/14 CAFR ($567,673) PO Rollover - #2014 -355 (Pegasus) ($16,503) Increase Sales Tax Reimbursement - 2nd Gen $1,484,769 Defer interfund capital transfer for Magnolia Park to subsequent FY $300,000 Reimburse Transportation Improvement Fund ($1,308,747) Increase Grant Revenues - Winding Hollow and Market Square $629,498 Net capital budget increase due to scope and timing of various capital projects ($272,240) Revisions to Original Budgeted Appropriation to (from) Fund Balance $249,104 REVISED 9/30/15 Budgeted Ending Fund Balance $2,520,233 Solid Waste/Recvcling Fund #130 As approved by City Commission on 9/22/14 Public Hearing Item 501 10/1/14 Budgeted Beginning Fund Balance $2,647,649 FY'15 Budgeted Appropriation to (from) Fund Balance ($186,564) 9/30/15 Budgeted Ending Fund Balance $2,461,085 Amendments to be approved tonight to Original FY 2014 -2015 Budget (as approved on 9/22/14): Difference in Beginning Fund Balance from projected to actual as shown in 9/30/14 CAFR $85,366 Increase legal services budget - franchise agreement issue ($19,000) FEMA close out, assigned fund balance released, transfer to General Fund ($649,209) Decrease Commercial Franchise Fee budget - instead they will go directly to General Fund ($50,000) Decrease transfer to General Fund - instead franchise revenue will go directly to General Fund $50,000 Increase disposal expenditure budget ($25,000) Revisions to Original Budgeted Appropriation to (from) Fund Balance $66,366 REVISED 9/30/15 Budgeted Ending Fund Balance $2,527,451 ($567,673) $920,331 $85,366 $2,733,015 FY 15 Final Budget Amendment November 16, 2015 Consent 304 Attachment 2 Attachment 2 - Budget Amendment Detail 11/16/15; Consent 304; Resolution 2015 -27 Other Governmental Funds HELPFUL TOOLS: Comprehensive Annual Financial Report for the year ended September 30, 2014 as approved by City Commission on 3/23/2015 Regular 600; Fiscal Year 2014 -2015 Original Budget as approved by City Commission on 9/22/14 Public Hearing 501. Arbor Fund #140 As approved by City Commission on 9/22/14 Public Hearing Item 501 Difference in Beg Fund Bal Actual Beg Projected to Fund Balance Actual 9/30/14 CAFR 10/1/14 Budgeted Beginning Fund Balance well $55,498 $303,509 FY'15 Budgeted Appropriation to (from) Fund Balance ($63,816) 9/30/15 Budgeted Ending Fund Balance $184,195 Amendments to be approved tonight to Original FY 2014 -2015 Budget (as approved on 9/22/14): Difference in Beginning Fund Balance from projected to actual as shown in 9/30/14 CAFR $55,498 Decrease Transfer from Arbor to W &S $4,894 Revisions to Original Budgeted Appropriation to (from) Fund Balance $60,392 REVISED 9/30/15 Budgeted Ending Fund Balance $244,587 Transportation Impact Fee Fund #150 As approved by City Commission on 9/22/14 Public Hearing Item 501 10/1/14 Budgeted Beginning Fund Balance $1,016,259 $150,213 $1,166,472 FY'15 Budgeted Appropriation to (from) Fund Balance ($873,100) 9/30/15 Budgeted Ending Fund Balance $143,159 Amendments to be approved tonight to Original FY 2014 -2015 Budget (as approved on 9/22/14): Difference in Beginning Fund Balance from projected to actual as shown in 9/30/14 CAFR $150,213 Increase impact fee revenue budget (residential and commercial) $722,321 Defer capital budget for Orange /Tuscora to FY2016 $794,800 Revisions to Original Budgeted Appropriation to (from) Fund Balance $1,667,334 REVISED 9/30/15 Budgeted Ending Fund Balance $1,810,493 Police Impact Fee Fund #151 As approved by City Commission on 9/22/14 Public Hearing Item 501: 10/1/14 Budgeted Beginning Fund Balance $28,947 $29,279 $58,226 FY'15 Budgeted Appropriation to (from) Fund Balance $145 9/30/15 Budgeted Ending Fund Balance $29,092 Amendments to be approved tonight to Original FY 2014 -2015 Budget (as approved on 9/22/14): Difference in Beginning Fund Balance from projected to actual as shown in 9/30/14 CAFR $29,279 Increase impact fee revenue budget (residential and commercial) $103,125 Revisions to Original Budgeted Appropriation to (from) Fund Balance $132,404 REVISED 9/30/15 Budgeted Ending Fund Balance $161,496 FY 15 Final Budget Amendment November 16, 2015 Consent 304 Attachment 2 Attachment 2 - Budget Amendment Detail 11/16/15; Consent 304; Resolution 2015 -27 Other Governmental Funds HELPFUL TOOLS: Comprehensive Annual Financial Report for the year ended September 30, 2014 as approved by City Commission on 3/23/2015 Regular 600; Fiscal Year 2014 -2015 Original Budget as approved by City Commission on 9/22/14 Public Hearing 501. Fire Impact Fee Fund #152 As approved by City Commission on 9/22/14 Public Hearing Item 501: 10/1/14 Budgeted Beginning Fund Balance $1,346,097 FY'15 Budgeted Appropriation to (from) Fund Balance ($18,400) 9/30/15 Budgeted Ending Fund Balance $1,327,697 Amendments to be approved tonight to Original FY 2014 -2015 Budget (as approved on 9/22/14): Difference in Beginning Fund Balance from projected to actual as shown in 9/30/14 CAFR $51,519 Increase impact fee revenue budget (residential and commercial) $237,300 Revisions to Original Budgeted Appropriation to (from) Fund Balance $288,819 REVISED 9/30/15 Budgeted Ending Fund Balance $1,616,516 Park Impact Fee Fund #153 As approved by City Commission on 9/22/14 Public Hearing Item 501 10/1/14 Budgeted Beginning Fund Balance $124,401 FY'15 Budgeted Appropriation to (from) Fund Balance ($7,400) 9/30/15 Budgeted Ending Fund Balance $117,001 Amendments to be approved tonight to Original FY 2014 -2015 Budget (as approved on 9/22/14): Difference in Beginning Fund Balance from projected to actual as shown in 9/30/14 CAFR $241,727 Increase impact fee revenue budget $432,000 Central Winds Shade Structure - PO 2014 -14973 (Korkat) and 141391 (Gulf Coast Sports) ($82,392) Consent 301, 6.8.15 Trotwood Park improvements ($31,500) Reduce data processing budget $8,000 Revisions to Original Budgeted Appropriation to (from) Fund Balance $567,835 REVISED 9/30/15 Budgeted Ending Fund Balance $684,836 Oak Forest Maintenance Fund #161 As approved by City Commission on 9/22/14 Public Hearing Item 501 10/1/14 Budgeted Beginning Fund Balance $42,890 FY'15 Budgeted Appropriation to (from) Fund Balance $2,939 9/30/15 Budgeted Ending Fund Balance $45,829 Amendments to be approved tonight to Original FY 2014 -2015 Budget (as approved on 9/22/14): Difference in Beginning Fund Balance from projected to actual as shown in 9/30/14 CAFR $8,676 Traffic Accident proceeds $4,100 Repair budget related to accident ($4,100) Revisions to Original Budgeted Appropriation to (from) Fund Balance $8,676 REVISED 9/30/15 Budgeted Ending Fund Balance $54,505 Difference in Beg Fund Bal Actual Beg Projected to Fund Balance Actual 9/30/14 CAFR $51,519 $1,397,616 $241,727 $366,128 $8,676 $51,566 FY 15 Final Budget Amendment November 16, 2015 Consent 304 Attachment 2 Attachment 2 - Budget Amendment Detail 11/16/15; Consent 304; Resolution 2015 -27 Other Governmental Funds HELPFUL TOOLS: Comprehensive Annual Financial Report for the year ended September 30, 2014 as approved by City Commission on 3/23/2015 Regular 600; Fiscal Year 2014 -2015 Original Budget as approved by City Commission on 9/22/14 Public Hearing 501. Tuscawilla III Assessment Area Fund #162 As approved by City Commission on 9/22/14 Public Hearing Item 501 Difference in Beg Fund Bal Actual Beg Projected to Fund Balance Actual 9/30/14 CAFR 10/1/14 Budgeted Beginning Fund Balance $5,365 $2,282 $7,647 FY'15 Budgeted Appropriation to (from) Fund Balance $541 ($61,318) 9/30/15 Budgeted Ending Fund Balance $5,906 ($53,671) $84,925 Decrease transfer from General Fund See footnote* Amendments to be approved tonight to Original FY 2014 -2015 Budget (as approved on 9/22/14): $24,925 REVISED 9/30/15 Budgeted Ending Fund Balance Difference in Beginning Fund Balance from projected to actual as shown in 9/30/14 CAFR $2,282 Consent 303, 6.22.15 Sign at Northern Way ($3,000) Revisions to Original Budgeted Appropriation to (from) Fund Balance ($718) REVISED 9/30/15 Budgeted Ending Fund Balance $5,188 *Due to the distinctive accounting treatment associated with this internal loan, neither proceeds nor ($58,847) Outstanding principal principal reductions are booked in the fund, therefore, in the CAFR fund balance a deficit is reflected. ($53,659) 2003 Debt Service Fund #201 As approved by City Commission on 9/22/14 Public Hearing Item 501 10/1/14 Budgeted Beginning Fund Balance $84,925 $276,115 FY'15 Budgeted Appropriation to (from) Fund Balance $656,400 9/30/15 Budgeted Ending Fund Balance $847,590 Amendments to be approved tonight to Original FY 2014 -2015 Budget (as approved on 9/22/14): Difference in Beginning Fund Balance from projected to actual as shown in 9/30/14 CAFR $84,925 Decrease transfer from General Fund ($60,000) Revisions to Original Budgeted Appropriation to (from) Fund Balance $24,925 REVISED 9/30/15 Budgeted Ending Fund Balance $872,515 Central Winds Debt Service Fund #240 As approved by City Commission on 9/22/14 Public Hearing Item 501: 10/1/14 Budgeted Beginning Fund Balance $24,783 $522 $25,305 FY'15 Budgeted Appropriation to (from) Fund Balance ($3,072) 9/30/15 Budgeted Ending Fund Balance $21,711 Amendments to be approved tonight to Original FY 2014 -2015 Budget (as approved on 9/22/14): Difference in Beginning Fund Balance from projected to actual as shown in 9/30/14 CAFR $522 Transfer in from General Fund in anticipation of early debt reduction/retirement $1,260,000 Revisions to Original Budgeted Appropriation to (from) Fund Balance $1,260,522 REVISED 9/30/15 Budgeted Ending Fund Balance $1,282,233 FY 15 Final Budget Amendment November 16, 2015 Consent 304 Attachment 2 Attachment 2 - Budget Amendment Detail 11/16/15; Consent 304; Resolution 2015 -27 Other Governmental Funds HELPFUL TOOLS: Comprehensive Annual Financial Report for the year ended September 30, 2014 as approved by City Commission on 3/23/2015 Regular 600; Fiscal Year 2014 -2015 Original Budget as approved by City Commission on 9/22/14 Public Hearing 501. 1999 Construction Capital Project Fund #301 As approved by City Commission on 9/22/14 Public Hearing Item 501: 10/1/14 Budgeted Beginning Fund Balance $917,613 FY'15 Budgeted Appropriation to (from) Fund Balance ($916,700) 9/30/15 Budgeted Ending Fund Balance $913 Amendments to be approved tonight to Original FY 2014 -2015 Budget (as approved on 9/22/14): Difference in Beginning Fund Balance from projected to actual as shown in 9/30/14 CAFR $1,681 Defer capital expenditure budget - Magnolia Park $1,069,000 Defer transfer in from Road Imp Fund for Magnolia Park ($300,000) Revisions to Original Budgeted Appropriation to (from) Fund Balance $770,681 REVISED 9/30/15 Budgeted Ending Fund Balance $771,594 Utilitv/Public Works Facility Capital Project Fund #304 As approved by City Commission on 9/22/14 Public Hearing Item 501 10/1/14 Budgeted Beginning Fund Balance $873,358 FY'15 Budgeted Appropriation to (from) Fund Balance ($872,900) 9/30/15 Budgeted Ending Fund Balance $458 Amendments to be approved tonight to Original FY 2014 -2015 Budget (as approved on 9/22/14): Difference in Beginning Fund Balance from projected to actual as shown in 9/30/14 CAFR $99,373 Defer capital project budget - Utility/PW Facility $831,000 Revisions to Original Budgeted Appropriation to (from) Fund Balance $930,373 REVISED 9/30/15 Budgeted Ending Fund Balance $930,831 Excellence in Customer Service Initiative CP Fund #305 As approved by City Commission on 9/22/14 Public Hearing Item 501: 10/1/14 Budgeted Beginning Fund Balance FY'15 Budgeted Appropriation to (from) Fund Balance ($2,398) 9/30/15 Budgeted Ending Fund Balance $42,096 Amendments to be approved tonight to Original FY 2014 -2015 Budget (as approved on 9/22/14): Difference in Beginning Fund Balance from projected to actual as shown in 9/30/14 CAFR $17,182 Transfer from General Fund for customer service initiatives, lobby improvements, etc $163,309 Increase capital budget ($65,100) Revisions to Original Budgeted Appropriation to (from) Fund Balance $115,391 REVISED 9/30/15 Budgeted Ending Fund Balance $157,487 Difference in Beg Fund Bal Actual Beg Projected to Fund Balance Actual 9/30/14 CAFR $1,681 $99,373 $972,731 $17,182 $61,676 FY 15 Final Budget Amendment November 16, 2015 Consent 304 Attachment 2 Attachment 2 - Budget Amendment Detail 11/16/15; Consent 304; Resolution 2015 -27 Enterprise Funds HELPFUL TOOLS: Comprehensive Annual Financial Report for the year ended September 30, 2014 as approved by City Commission on 3/23/2015 Regular 600; Fiscal Year 2014-2015 Original Budget as approved by City Commission on 9/22/14 Public Hearing 501. Water and Sewer Operafina Fund #410 As approved by City Commission on 9/22/14 Public Hearing Item 501: 10/l/14 Budgeted Beginning Fund Equity FY '15 Budgeted Appropriation to (from) Fund Equity 9/30/15 Budgeted Ending Fund Equity Difference in Beg Fund Bal - Actual Ending Net Capital Projected to Fund Equity Assets Actual 9/30/14 CAFR $4,922,653 $13,777 $932,192 $19,631,955 ($215,989) $4,706,664 plus W &S Svc Avail Fund $1,385,020 $21,016,975 Amendments to be approved tonight to Original FY 2014 -2015 Budget (as approved on 9/22/14): Difference in Beginning Fund Equity from projected to actual as shown in 9/30/14 CAFR $932,192 PO Rollover 92014-1043 (CPH) ($5,120) Decrease Transfer from Arbor to W &S ($4,894) Reduced fuel budget due to declining pricing $7,000 Net reductions to capital budget primarily related to the east force water main $800,000 Regular 601; 7.27.15 - Sup Ap CPH ($281,863) Revisions to Original Budgeted Fund Equity REVISED 9/30/15 Budgeted Ending Fund Equity (exclusive of net capital) Stormwater Utility Fund #411 As approved by City Commission on 9/22/14 Public Hearing Item 501: 10/l/14 Budgeted Beginning Fund Equity FY '15 Budgeted Appropriation to (from) Fund Equity 9/30/15 Budgeted Ending Fund Equity REVISED 9/30/15 Budgeted Ending Fund Equity Difference in Beginning Fund Equity from projected to actual as shown in 9/30/14 CAFR Reduced fuel budget due to declining pricing Defer capital project (Lombardy) Review Fee revenue budget - CED Strategies Review Fee expenditure budget - Northern Oaks Revisions to Original Budgeted Appropriation to (from) Fund Equity REVISED 9/30/15 Budgeted Ending Fund Equity (exclusive of net capital) Development Services Fund #420 As approved by City Commission on 9/22/14 Public Hearing Item 501: 10/l/14 Budgeted Beginning Fund Equity FY '15 Budgeted Appropriation to (from) Fund Equity 9/30/15 Budgeted Ending Fund Equity Amendments to be approved tonight to Original FY 2014 -2015 Budget (as approved on 9/22/14): Difference in Beginning Fund Equity from projected to actual as shown in 9/30/14 CAFR ICC Reimbursement for Code Committee participation Travel expense for Code Committee participation Increase plans review revenue per actuals at 8.14.15 Increase permit revenue per actuals actuals at 8.14.15 Contract services - increase expenditure budget Increase expenditure budget Revisions to Original Budgeted Fund Equity REVISED 9/30/15 Budgeted Ending Fund Equity (exclusive of net capital) $1,447,315 $6,153,979 $818,689 $7,714,295 $136,631 $8,669,615 ($549,228) $269,461 $136,631 $1,500 $232,970 $6,290 ($6,290) $640,562 $162,954 $49,825 ($3,269) $209,510 $316,801 $479,755 ($3,269) $725 ($725) $157,000 $544,000 ($65,000) ($40,000) $1,072,486 FY 15 Final Budget Amendment November 16, 2015 Consent 304 Attachment 2 M W U C6 CC N MM� � FBI N I� 0 N M � U C — V M E o O C N E O N E N L E C U Q 9 o N E Q N a o 07 Z m LL Lo LL o N 0 0 0 0 a, O O 00 r- a, O v 0 0 0 0 0 0 v, O d. r- N I'D CD 't v v, N a, ;1 00 O O, 00 O O O, M h M 0 00 O�, N � In O N O O \O C1 �n � 00 h O O O N 0 C, O O N In N 01 01 O C, \o \O h CO \O In N M 01 M M N h 01 O 00 -t M \O \O N 00 M 01 \O a O Vl \O CO \O M In N M M O M h 01 \O In 69 69 69 69 69 69 69 69 69 69 69 69 69 69 69 69 69 69 69 69 69 69 6g 69 69 69 69 69 69 69 69 69 �' •O O O O O h O � � � � N O M \O •ti \O 0 � v3 es v3 es � v3 N O O a, O 00 r- a, O v 0 0 0 0 v O v O a, O a, y 00 O 00 O O Vl M h M O 00 O O N O \O C1 n ll 00 h V O N O n 01 O N n R R O 00 O \O O N n M N C, 00 M M \O \O N CO C, � U � CD I'D o My c�v N v o N v o o a In v M y 00 .... m .. d h Q � O O ° O O o o o w • m ° v3 � 0 o r 00 N o a� o0 00 0 M M 01 4 0 0 01 h In O v 69 69 6A 6A 6A 6A 6A 6A 6A 6A 6A 4. 3t bA O W O O O O O O O O O O O O O O \o N ti ti Q U U U U N U 'O N U � r� cC qp U 48 CC put N to to ao C7 N N N N v p/y bA �' C$ u 3 o � � � � > > ' W o a° °' s°'• '� ,_, ai � � ar � °= w °o a'"i s°'. s°'. 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