HomeMy WebLinkAboutResolution 2024-33 Amending the Fiscal Year 2023-2024 BudgetRESOLUTION 2024-33
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
WINTER SPRINGS FLORIDA, AMENDING THE FISCAL YEAR
2023-2024 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 2023-2024 City Budgets are amended as provided in
Attachments 1 and 2 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of resolutions in conflict herewith are hereby repealed to the extent of the conflict.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,
oI portion of this Resolution is for any reason to 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
regular meeting assembled on the 18t1' day of November, 2024.
ATTEST:
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Resolution 2024-33
Pagel of 2
C
KEVIN McCANN, Mayor
CHRISTIAN GOWAN, 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
Resolution 2024-33
Page 2 of 2
Attachment 1 - Budget Amendment Detail
Resolution 2024-33
General Fund
Funds not included in this summary do not require a budget amendment
HELPFUL TOOLS: Fiscal Year 2023-2024 Original Budget as approved by City Commission on 9/25/23 Public Hearing 401.
Difference in Beg
Fund Bal
Projected to
Actual
Actual Beg Fund
Balance
General Fund #001:
As approved by City Commission on 9/25/23 Public Hearing Item 401:
10/1/23 Budgeted Beginning Fund Balance $10,467,193 ($947,276) $9,519,917
FY 2024 Budgeted Appropriation TO (FROM ) Fund Balance ($944,483)
9/30/24 Budgeted Ending Fund Balance $9,522,710
Amendments to be approved tonight to Original FY 2023-2024 Budget (as approved on 09/25/23):
Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials ($947,276)
Revenue Neutral:
Community Events:
Recognize revenue budget - Winter Wonderland $11,800 mid-yr
Establish expenditure budget - Winter Wonderland (7415) ($11,800) mid-yr
Recognize revenue budget - Hometown Harvest $14,530 mid-yr
Establish expenditure budget - Hometown Harvest (7415) ($14,530) mid-yr
Recognize revenue budget - Celebration of Freedom $50,150 mid-yr
Establish expenditure budget - Celebration of Freedom (7415) ($50,150) mid-yr
Recognize revenue budget - Spring Festival $4,500 mid-yr
Establish expenditure budget - Spring Festival (7415) ($4,500) mid-yr
$0
Inter-departmental transfers:
Inter-departmental transfer FROM Dept 19 Gen Gov't - Y/E Compliance (1900)$315,000 final
Inter-departmental transfer TO Dept 16 Information Services - Y/E Compliance (1315) ($110,000) final
Inter-departmental transfer TO Dept 16 Information Services - Y/E Compliance (1600) ($70,000) final
Inter-departmental transfer TO Dept 41 Public Works - Y/E Compliance (1940)($135,000) final
$0
Other:
Increase Accounting/Auditing for Audits; Purvis Gray (1300) ($75,000) mid-yr
Increase Revenue from ARPA to cover General Government Services (0000) $10,000,000 res 2024-24
Increase Expense to transfer to Water & Sewer Committed to Sewer Infrastructure (1900) ($10,000,000) res 2024-24
Increase Revenue in Interest Earnings (0000) $700,000 final
Recognize Street Light Revenue Catchup (4100) $130,000 final
Increase Insurance Expenditures (1925) ($250,000) final
Increase Accounting/Auditing for Audits; Purvis Gray (1300)/(1360) ($40,650) final
$464,350
Revisions to Original Budgeted Appropriation TO (FROM ) Fund Balance $464,350
REVISED 9/30/24 Budgeted Ending Fund Balance $9,039,784
FY 24 Mid-Year Budget Amendment
Attachment 1 39
Attachment 1 - Budget Amendment Detail
Resolution 2024-33
Other Governmental Funds
Difference in Beg
Fund Bal
Projected to
Actual
Actual Beg Fund
Balance
Special Law Enforcement Fund - Federal #103
As approved by City Commission on 9/25/23 Public Hearing Item 401:
10/1/23 Budgeted Beginning Fund Balance $131,183 ($23,689)$107,494
FY 2024 Budgeted Appropriation TO (FROM ) Fund Balance ($10,940)
9/30/24 Budgeted Ending Fund Balance $120,243
Amendments to be approved tonight to Original FY 2023-2024 Budget (as approved on 09/25/23):
Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials ($23,689)
Increase FY24 emergency operating center ($45,000) mid-yr
Recognize trade-in proceeds $27,004 mid-yr
Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance ($41,685)
REVISED 9/30/24 Budgeted Ending Fund Balance $78,558
Transportation Improvement Fund #120
As approved by City Commission on 9/25/23 Public Hearing Item 401:
10/1/23 Budgeted Beginning Fund Balance $3,841,544 $2,706,278 $6,547,822
FY 2024 Budgeted Appropriation TO (FROM ) Fund Balance ($605,865)
9/30/24 Budgeted Ending Fund Balance $3,235,679
Amendments to be approved tonight to Original FY 2023-2024 Budget (as approved on 09/25/23):
Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials
$2,706,278
Decrease revenue budget - Winding Hollow Turn Lane - Defer to FY25 ($1,100,000) mid-yr
Increase expenditure budget for Winter Springs Boulevard crosswalk ($41,880) mid-yr
Transfer Out to 121 Road Improvement to cover emergency road repairs related to Hurricane Ian ($550,000) Final
Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance $1,014,398
REVISED 9/30/24 Budgeted Ending Fund Balance $4,250,077
Road Improvement (Infrastructure Surtax)Fund #121
As approved by City Commission on 9/25/23 Public Hearing Item 401:
10/1/23 Budgeted Beginning Fund Balance $8,358,115 $685,883 $9,043,998
FY 2024 Budgeted Appropriation TO (FROM ) Fund Balance ($6,945,000)
9/30/24 Budgeted Ending Fund Balance $1,413,115
Amendments to be approved tonight to Original FY 2023-2024 Budget (as approved on 09/25/23):
Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials $685,883
Decrease Capital budget - Defer to FY25 $6,000,000 mid-yr
Transfer In from 120 Transportation Improvement to cover emergency road repairs related to Hurricane Ian $550,000 Final
Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance $7,235,883
REVISED 9/30/24 Budgeted Ending Fund Balance $8,648,998
HELPFUL TOOLS: Fiscal Year 2023-2024 Original Budget as approved by City Commission on 9/25/23 Public Hearing 401.
FY 24 Mid-Year Budget Amendment
Attachment 1 40
Attachment 1 - Budget Amendment Detail
Resolution 2024-33
Other Governmental Funds
Difference in Beg
Fund Bal
Projected to
Actual
Actual Beg Fund
Balance HELPFUL TOOLS: Fiscal Year 2023-2024 Original Budget as approved by City Commission on 9/25/23 Public Hearing 401.
Solid Waste/Recycling Fund #130
As approved by City Commission on 9/25/23 Public Hearing Item 401:
10/1/23 Budgeted Beginning Fund Balance $1,828,804 ($12,546)$1,816,258
FY 2024 Budgeted Appropriation TO (FROM ) Fund Balance ($489,071)
9/30/24 Budgeted Ending Fund Balance $1,339,733
Amendments to be approved tonight to Original FY 2023-2024 Budget (as approved on 09/25/23):
Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials ($12,546)
Increased expected revenue due to the rate increase $575,000 mid-yr
Increase disposal expense due to increased rate ($135,000) Final
Increase consulting budget for FEMA application support (Carlisle Thompson) ($20,000) Final
Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance $407,454
REVISED 9/30/24 Budgeted Ending Fund Balance $1,747,187
Arbor Fund #140
As approved by City Commission on 9/25/23 Public Hearing Item 401:
10/1/23 Budgeted Beginning Fund Balance $1,648,280 $424,720 $2,073,000
FY 2024 Budgeted Appropriation TO (FROM ) Fund Balance ($705,886)
9/30/24 Budgeted Ending Fund Balance $942,394
Amendments to be approved tonight to Original FY 2023-2024 Budget (as approved on 09/25/23):
Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials $424,720
Increase arbor fine revenue budget $2,700 mid-yr
Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance $427,420
REVISED 9/30/24 Budgeted Ending Fund Balance $1,369,814
Transportation Impact Fee Fund #150
As approved by City Commission on 9/25/23 Public Hearing Item 401:
10/1/23 Budgeted Beginning Fund Balance $1,664,966 $595,583 $2,260,549
FY 2024 Budgeted Appropriation TO (FROM ) Fund Balance ($339,000)
9/30/24 Budgeted Ending Fund Balance $1,325,966
Amendments to be approved tonight to Original FY 2023-2024 Budget (as approved on 09/25/23):
Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials $595,583
Align impact fees with YTD actuals - Transportation Commercial $26,600 mid-yr
Realign Expense Michael Blake Blvd Light ( Orginally Budgeted FY19 - FY23) Consent 300 04/10/2023 ($750,000)final
Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance ($127,817)
REVISED 9/30/24 Budgeted Ending Fund Balance $1,198,149
FY 24 Mid-Year Budget Amendment
Attachment 1 41
Attachment 1 - Budget Amendment Detail
Resolution 2024-33
Other Governmental Funds
Difference in Beg
Fund Bal
Projected to
Actual
Actual Beg Fund
Balance HELPFUL TOOLS: Fiscal Year 2023-2024 Original Budget as approved by City Commission on 9/25/23 Public Hearing 401.
Police Impact Fee Fund #151
As approved by City Commission on 9/25/23 Public Hearing Item 401:
10/1/23 Budgeted Beginning Fund Balance $805,965 $5,175 $811,140
FY 2024 Budgeted Appropriation TO (FROM ) Fund Balance ($305,900)
9/30/24 Budgeted Ending Fund Balance $500,065
Amendments to be approved tonight to Original FY 2023-2024 Budget (as approved on 09/25/23):
Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials $5,175
Align impact fee revenue with YTD actuals - Residential $7,700 mid-yr
Align Interest Earnings with YTD Actuals $28,000 final
Increase M&E for added headcount equipment ($5,000)final
Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance $35,875
REVISED 9/30/24 Budgeted Ending Fund Balance $535,940
Fire Impact Fee Fund #152
As approved by City Commission on 9/25/23 Public Hearing Item 401:
10/1/23 Budgeted Beginning Fund Balance $2,780,584 ($7,714)$2,772,870
FY 2024 Budgeted Appropriation TO (FROM ) Fund Balance $80,000
9/30/24 Budgeted Ending Fund Balance $2,860,584
Amendments to be approved tonight to Original FY 2023-2024 Budget (as approved on 09/25/23):
Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials ($7,714)
Align impact fee revenue with YTD actuals - Residential $4,800 mid-yr
Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance ($2,914)
REVISED 9/30/24 Budgeted Ending Fund Balance $2,857,670
Park Impact Fee Fund #153
As approved by City Commission on 9/25/23 Public Hearing Item 401:
10/1/23 Budgeted Beginning Fund Balance $634,333 $58,442 $692,775
FY 2024 Budgeted Appropriation TO (FROM ) Fund Balance ($400,000)
9/30/24 Budgeted Ending Fund Balance $234,333
Amendments to be approved tonight to Original FY 2023-2024 Budget (as approved on 09/25/23):
Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials $58,442
Align impact fee revenue with YTD actuals - Residential $46,600 mid-yr
Defer capital budget to FY25 $381,000 mid-yr
Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance $486,042
REVISED 9/30/24 Budgeted Ending Fund Balance $720,375
FY 24 Mid-Year Budget Amendment
Attachment 1 42
Attachment 1 - Budget Amendment Detail
Resolution 2024-33
Other Governmental Funds
Difference in Beg
Fund Bal
Projected to
Actual
Actual Beg Fund
Balance HELPFUL TOOLS: Fiscal Year 2023-2024 Original Budget as approved by City Commission on 9/25/23 Public Hearing 401.
TLBD Maintenance Fund #160
As approved by City Commission on 9/25/23 Public Hearing Item 401:
10/1/23 Budgeted Beginning Fund Balance $118,487 $49,024 $167,511
FY 2024 Budgeted Appropriation TO (FROM ) Fund Balance ($85,204)
9/30/24 Budgeted Ending Fund Balance $33,283
Amendments to be approved tonight to Original FY 2023-2024 Budget (as approved on 09/25/23):
Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials $49,024
Insurance Proceeds from Fountain Basin Failure $208,000 final
Increase CIP for Fountain work (to be completed in next fiscal year)($80,000)final
Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance $177,024
REVISED 9/30/24 Budgeted Ending Fund Balance $210,307
Oak Forest Maintenance Fund #161
As approved by City Commission on 9/25/23 Public Hearing Item 401:
10/1/23 Budgeted Beginning Fund Balance $98,370 $1,200 $99,570
FY 2024 Budgeted Appropriation TO (FROM ) Fund Balance ($15,923)
9/30/24 Budgeted Ending Fund Balance $82,447
Amendments to be approved tonight to Original FY 2023-2024 Budget (as approved on 09/25/23):
Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials $1,200
Recognize insurance proceeds budget for wall damage $4,600 mid-yr
Increase budget for R&M for wall ($4,600)mid-yr
Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance $1,200
REVISED 9/30/24 Budgeted Ending Fund Balance $83,647
Tuscawilla III Assessment Area Fund #162 Fund Balance 9/30/23 ($31,274)
Internal Loan ($36,286)
As approved by City Commission on 9/25/23 Public Hearing Item 401:
10/1/23 Budgeted Beginning Fund Balance $4,830 $182 $5,012
FY 2024 Budgeted Appropriation TO (FROM ) Fund Balance ($2,345)
9/30/24 Budgeted Ending Fund Balance $2,485
Amendments to be approved tonight to Original FY 2023-2024 Budget (as approved on 09/25/23):
Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials $182
Decrease debt service budget $577 mid-yr
Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance $759
REVISED 9/30/24 Budgeted Ending Fund Balance $3,244
*Due to the distinctive accounting treatment associated with this internal loan, neither proceeds nor principal
reductions are booked in the fund, therefore, in the ACFR fund balance a deficit is reflected (see reconciliation
upper right)
FY 24 Mid-Year Budget Amendment
Attachment 1 43
Attachment 1 - Budget Amendment Detail
Resolution 2024-33
Other Governmental Funds
Difference in Beg
Fund Bal
Projected to
Actual
Actual Beg Fund
Balance HELPFUL TOOLS: Fiscal Year 2023-2024 Original Budget as approved by City Commission on 9/25/23 Public Hearing 401.
Sewer Plant Replacement (ARPA/SRFL) Fund #180 (Fund Established 9/13/2021 with Resolution 2021-24)
As approved by City Commission on 9/25/23 Public Hearing Item 401:
10/1/23 Budgeted Beginning Fund Balance $17,898,603 ($17,339,376)$559,227
FY 2024 Budgeted Appropriation TO (FROM ) Fund Balance $542,100
9/30/24 Budgeted Ending Fund Balance $18,440,703
Amendments to be approved tonight to Original FY 2023-2024 Budget (as approved on 09/25/23):
Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials ($17,339,376)
Recognize ARPA revenues for E W WWTFs Design and WWTFs W Land Acquisition $7,559,090 mid-yr
Increase expenditure budget for E W WWTFs Design and WWTFs W Land Acquisition (ARPA) ($7,559,090) mid-yr
Recognize ARPA revenue for General Government Services $10,000,000 Res 2024-24
Increase expenditure budget for Transfer to General Fund ($10,000,000) Res 2024-24
Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance ($17,339,376)
REVISED 9/30/24 Budgeted Ending Fund Balance $1,101,327
1999 Construction Capital Project Fund #301
As approved by City Commission on 9/25/23 Public Hearing Item 401:
10/1/23 Budgeted Beginning Fund Balance $87,856 $308,485 $396,341
FY 2024 Budgeted Appropriation TO (FROM ) Fund Balance $2,000
9/30/24 Budgeted Ending Fund Balance $89,856
Amendments to be approved tonight to Original FY 2023-2024 Budget (as approved on 09/25/23):
Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials $308,485
Increase capital budget - deferred from FY23 (Stormwater Pickleball) per Agenda 500; 05-22-23 ($201,877)mid-yr
Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance $106,608
REVISED 9/30/24 Budgeted Ending Fund Balance $196,464
FY 24 Mid-Year Budget Amendment
Attachment 1 44
Attachment 1 - Budget Amendment Detail
Resolution 2024-33
Other Governmental Funds
Difference in Beg
Fund Bal
Projected to
Actual
Actual Beg Fund
Balance HELPFUL TOOLS: Fiscal Year 2023-2024 Original Budget as approved by City Commission on 9/25/23 Public Hearing 401.
Revolving Rehabilitation Capital Project Fund #302
As approved by City Commission on 9/25/23 Public Hearing Item 401:
10/1/23 Budgeted Beginning Fund Balance $19,746 $524,335 $544,081
FY 2024 Budgeted Appropriation TO (FROM ) Fund Balance $500
9/30/24 Budgeted Ending Fund Balance $20,246
Amendments to be approved tonight to Original FY 2023-2024 Budget (as approved on 09/25/23):
Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials $524,335
Increase capital budget - deferred from FY23 (LJO Sitework) per Agenda 500; 05-22-23 ($25,903) mid-yr
Increase capital budget - deferred from FY23 (LJO Parking Lot) per Agenda 500; 05-22-23 ($498,013) mid-yr
Align interest revenue budget with actuals $8,967 mid-yr
Increase capital budget (Pickleball) ($29,632) mid-yr
Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance ($20,246)
REVISED 9/30/24 Budgeted Ending Fund Balance $0
Perk Up Parks Capital Project Fund #303
As approved by City Commission on 9/25/23 Public Hearing Item 401:
10/1/23 Budgeted Beginning Fund Balance $2,306,290 $872,649 $3,178,939
FY 2024 Budgeted Appropriation TO (FROM ) Fund Balance ($645,500)
9/30/24 Budgeted Ending Fund Balance $1,660,790
Amendments to be approved tonight to Original FY 2023-2024 Budget (as approved on 09/25/23):
Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials $872,649
Increase capital budget - deferred from FY23 (LJO Sitework) per Agenda 500; 05-22-23 ($399,535) mid-yr
Increase capital budget - deferred from FY23 (LJO Parking Lot) per Agenda 500; 05-22-23 ($21,755) mid-yr
Increase capital budget - deferred from FY23 (LJO Pickleball Courts) per Agenda 500; 05-22-23 ($398,858) mid-yr
Increase Transfer In Revenue from deferred projects (7230) $420,000 final
Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance $472,501
REVISED 9/30/24 Budgeted Ending Fund Balance $2,133,291
FY 24 Mid-Year Budget Amendment
Attachment 1 45
Attachment 1 - Budget Amendment Detail
Resolution 2024-33
Enterprise Funds
Net Capital,
Restricted, NPL
Difference in Beg
Fund Bal -
Projected to
Actual
Actual Ending
Fund Equity
Water & Sewer Operating Fund #410
As approved by City Commission on 9/25/23 Public Hearing Item 401:
10/1/23 Budgeted Beginning Fund Balance $9,044,357 $25,654,563 $876,626 $35,575,546
FY 2024 Budgeted Appropriation TO (FROM ) Fund Balance ($4,091,501)
9/30/24 Budgeted Ending Fund Balance $4,952,856 W&S Svc Avail Fund $6,362,090
ACFR combines
410, 412 $41,937,636
Amendments to be approved tonight to Original FY 2023-2024 Budget (as approved on 09/25/23):
$876,626
Recognize revenues from land sale to Duke $1,040,000 mid-yr
Increase funds for purchase of Aquatech truck Agenda 504 02-26-24 ($600,000)mid-yr
Increase funds for purchase of disk filter Agenda 500 04-29-25 ($440,000)mid-yr
Transfer in from General Fund for Sewer Infrastructure Commitment $10,000,000 Res 2024-24
Align Increased Revenues from Rate increase $1,700,000 final
Revisions to Original Budgeted Appropriation TO (FROM) Fund Equity $12,576,626
$17,529,482
Stormwater Utility Fund #411
As approved by City Commission on 9/25/23 Public Hearing Item 401:
10/1/23 Budgeted Beginning Fund Balance $1,300,773 $7,484,416 $224,775 $9,009,964
FY 2024 Budgeted Appropriation TO (FROM ) Fund Balance ($706,775)
9/30/24 Budgeted Ending Fund Balance $593,998
Amendments to be approved tonight to Original FY 2023-2024 Budget (as approved on 09/25/23):
$224,775
Decrease budget for capital pipe relining and stormwater infrastructure $192,400 mid-yr 24-3182
Revisions to Original Budgeted Appropriation TO (FROM) Fund Equity $417,175
$1,011,173
Water and Sewer Service Availability Fund #412:
As approved by City Commission on 9/25/23 Public Hearing Item 401:
10/1/23 Budgeted Beginning Fund Balance $5,010,369 $38,253 $1,313,468 $6,362,090
FY 2024 Budgeted Appropriation TO (FROM ) Fund Balance ($360,000)
9/30/24 Budgeted Ending Fund Balance $4,650,369
Amendments to be approved tonight to Original FY 2023-2024 Budget (as approved on 09/25/23):
$1,313,468
Align Service Availability revenue budget with YTD actuals (residential) $275,000 final
Revisions to Original Budgeted Appropriation TO (FROM) Fund Equity $1,588,468
$6,238,837
Development Services Fund #420
As approved by City Commission on 9/25/23 Public Hearing Item 401:
10/1/23 Budgeted Beginning Fund Balance $4,495,290 $426,385 $243,498 $5,165,173
FY 2024 Budgeted Appropriation TO (FROM ) Fund Balance ($1,549,492)
9/30/24 Budgeted Ending Fund Balance $2,945,798
Amendments to be approved tonight to Original FY 2023-2024 Budget (as approved on 09/25/23):
$243,498
Decrease budget for CIP $200,000 mid-yr
Increase Subscription Based IT Arrangements Expense for Implementation ($600,000)final
Increase Proceeds from Subscription Based IT Arrangements for Implementation $600,000 final
Revisions to Original Budgeted Appropriation TO (FROM) Fund Equity $443,498
$3,389,296
REVISED 9/30/24 Budgeted Ending Fund Balance
Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials
REVISED 9/30/24 Budgeted Ending Fund Balance
Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials
HELPFUL TOOLS: Fiscal Year 2023-2024 Original Budget as approved by City Commission on 9/25/23 Public Hearing 401.
Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials
REVISED 9/30/24 Budgeted Ending Fund Balance
Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials
REVISED 9/30/24 Budgeted Ending Fund Balance
FY 24 Mid-Year Budget Amendment
Attachment 1 46
Attachment 2 - General Fund Budget Amendment Summary
Resolution 2024-33
HELPFUL TOOLS: Fiscal Year 2023-2024 Original Budget as approved by City Commission on 9/25/23 Public Hearing 401.
FY 24 Other FY 24
Original Revenue Requests Intra Inter Amended
Annual Neutral to Amend Departmental Departmental Annual
Division #Budget Changes Appropriation Transfers Transfers Budget
General Fund Revenues & Transfers:$23,192,639 $23,192,639
Recognize revenue budget - Hometown Harvest 14,530$ 14,530$
Recognize revenue budget - Winter Wonderland 11,800$ 11,800$
Recognize revenue budget - Celebration of Freedom 50,150$ 50,150$
Recognize revenue budget - Spring Festival 4,500$ 4,500$
Increase Revenue in Interest Earnings 700,000$ 700,000$
Recognize Street Lighting Revenue Catchup 130,000$ 130,000$
Increase Revenue from ARPA for Gen Gov Services 10,000,000$ 10,000,000$
General Fund Revenues & Transfers 23,192,639$ 10,080,980$ 830,000$ -$ -$ 34,103,619$
General Fund Expenditures:
City Commission 1100 131,214$ 48,000$ 179,214$
City Manager 1200 417,762$ 417,762$
City Clerk 1210 278,633$ (24,000)$ 254,633$
Finance - General 1300 1,002,582$ 57,825$ (11,400)$ 1,049,007$
Finance - Utility Billing 1360 749,841$ 57,825$ (600)$ 807,066$
Comm Development - Administration 1500 217,858$ 217,858$
Comm Development - Planning 1510 321,205$ 321,205$
Comm Development - Urban Beautification 1520 1,521,654$ (12,000)$ 1,509,654$
Comm Development - Street lighting 1530 564,357$ 564,357$
IS & General Services - Human Resources 1315 316,199$ 5,463$ 321,662$
IS & General Services - General 1600 1,640,964$ 500$ 1,641,464$
IS & General Services - City Hall 1910 10,083$ (1,500)$ 8,583$
IS & General Services - Risk Management 1925 736,300$ 250,000$ 986,300$
IS & General Services - Facilities Maintenance 1935 572,955$ (5,463)$ 567,492$
IS & General Services - Marketing & Events 7415 337,715$ 80,980$ 1,000$ 419,695$
General Government - Legal Services 1400 269,320$ 50,000$ 319,320$
General Government - General 1900 968,979$ 10,000,000$ (50,000)$ 10,918,979$
Police - Chief 2100 8,032,342$ 3,060$ 8,035,402$
Police - Criminal Investigations 2110 145,670$ (2,100)$ 143,570$
Police - Community Services 2120 16,435$ (960)$ 15,475$
Police - Operations 2130 301,832$ 301,832$
Police - Support Services 2140 542,840$ 542,840$
Police - Code Enforcement 2150 53,360$ 53,360$
Fire - Operations 2200 -$ -$
Public Works - Fleet 1940 294,534$ 15,000$ 309,534$
Public Works - Administration 4100 166,849$ 4,014$ 170,863$
Public Works - Roads & ROW 4110 1,022,499$ (19,014)$ 1,003,485$
P&R - Administration 7200 204,835$ 204,835$
P&R - Athletics 7220 350$ 350$
P&R - Parks & Grounds 7230 2,760,391$ (6,000)$ 2,754,391$
P&R - Programs 7240 155,936$ (10,500)$ 145,436$
P&R - Seniors 7250 381,628$ 16,500$ 398,128$
General Fund Expenditures 24,137,122$ 10,080,980$ 365,650$ -$ -$ 34,583,752$
Budgeted Approp TO (FROM) Fund Balance (944,483)$ -$ 464,350$ -$ -$ (480,133)$
FY 24 Mid-Year Budget Amendment
Attachment 2 47