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HomeMy WebLinkAbout2025 11 10 Consent 300 - Resolution 2025-21 Final Budget AmendmentCONSENT AGENDA ITEM 300 CITY COMMISSION AGENDA | NOVEMBER 10, 2025 REGULAR MEETING TITLE Approval of Resolution 2025-21: Final Budget Amendment SUMMARY The City Manager is requesting that the City Commission consider the approval of Resolution 2025-21 amending the Fiscal Year 2024-2025 Budget. The City Charter provides the Commission may amend the budget by resolution. Only those funds requiring budget adjustments are included therein. The agenda item is needed to amend the budget for those funds which vary from the originally adopted budget. The majority of the amendments are necessary for one of the following reasons: accrual of revenues and expenses in the appropriate fiscal year variations between budgeted (estimated) and actual revenues and expenditures 2024-2025 agenda items with fiscal impact 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. Shown in Attachment 1 are the final budgeted fund balances for all funds requiring amendment for the 2024-2025 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 2026. State statute requires that the final budget amendment be formalized by November 29, 2025 [Section 166.241 F.S.]. FUNDING SOURCE RECOMMENDATION Staff recommends the Commission approve Resolution 2025-21, the Fiscal Year 2025 Final Budget Amendment, as presented. 5 City of Winter Springs Resolution 2025-21 Page 1 of 2 RESOLUTION 2025-21 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF WINTER SPRINGS FLORIDA, AMENDING THE FISCAL YEAR 2024-2025 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 2024-2025 City Budgets are amended as provided in Attachment 1 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 regular meeting assembled on the 10th day of November, 2025. ATTEST: __________________________________________ KEVIN McCANN, Mayor 6 City of Winter Springs Resolution 2025-21 Page 2 of 2 _____________________________________ CHRISTIAN GOWAN, City Clerk Approved as to legal form and sufficiency for the City of Winter Springs only: _____________________________________ ANTHONY A. GARGANESE, City Attorney 7 Attachment 1 - Budget Amendment Detail Resolution 2025-21 General Fund Funds not included in this summary do not require a budget amendment HELPFUL TOOLS: Fiscal Year 2024-2025 Original Budget as approved by City Commission on 9/23/24 Public Hearing 401. Difference in Beg Fund Bal Projected to Actual Actual Beg Fund Balance General Fund #001: As approved by City Commission on 9/23/24. Public Hearing Item 401: 10/1/24 Budgeted Beginning Fund Balance $9,085,506 $2,832,135 $11,917,641 FY 2025 Budgeted Appropriation TO (FROM ) Fund Balance ($2,034,400) 9/30/25 Budgeted Ending Fund Balance $7,051,106 Amendments to be approved tonight to Original FY 2024-2025 Budget (as approved on 09/23/24): Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials $2,832,135 Revenue Neutral: Grants/Donations: FDLE Jag Grant (21) $17,227 Res 2025-06 Increase Machinery & Equipment (21) ($17,227) Res 2025-06 FMIT Safety Grant (21) $6,000 Res 2025-06 Increase Small Tools (21) ($6,000) Res 2025-06 Energy Efficiency Grant Voucher Program (00) $74,520 Res 2025-06 AC Replacements Approved by Voucher Program Consent 305 10.28.24 (16) ($74,520) Res 2025-06 Increase Gen Fund Revenues (Electricity Utility Tax (00), Investment Earnings (00), Auction Proceeds (00), and Street Lighting (41) $1,000,000 Increase Transfer to Stormwater from General Fund (19) ($1,000,000) $0 Community Events: Recognize revenue budget - Winter Wonderland $22,020 Res 2025-06 Establish expenditure budget - Winter Wonderland (7400) ($22,020) Res 2025-06 Recognize revenue budget - Hometown Harvest $16,500 Res 2025-06 Establish expenditure budget - Hometown Harvest (7400) ($16,500) Res 2025-06 Recognize revenue budget - Celebration of Freedom $47,640 Res 2025-06 Establish expenditure budget - Celebration of Freedom (7400) ($47,640) Res 2025-06 Recognize revenue budget - Spring Festival $5,220 Res 2025-01 Establish expenditure budget - Spring Festival (7400) ($5,220) Res 2025-01 $0 Inter-departmental transfers: Other: Inter-departmental transfer FROM Dep't 15 (1520) Comm Dev - Vehicle Replacement ($52,000) Res 2025-06 Inter-departmental transfer FROM Dep't 16 (1935) Facilities - Vehicle Replacement ($50,000) Res 2025-06 Inter-departmental transfer FROM Dep't 72 Parks - Vehicle Replacement ($50,000) Res 2025-06 Inter-departmental transfer TO Dep't 41 Public Works - Vehicle Replacement (4110) Adjusted after fleet review $152,000 Res 2025-06 Inter-departmental transferTO Dep't 12 Exec & Leg - Y/E Compliance (1200)$25,000 Inter-departmental transfer FROM Dep't 13 Finance - Y/E Compliance (1300) ($80,000) Inter-departmental transfer TO Dep't 13 Finance - Y/E Compliance (1360) $40,000 Inter-departmental transfer FROM Dep't 15 Devo Svcs - Y/E Compliance (1500-1530)($650,000) Inter-departmental transfer FROM Dep't 16 Info Svcs - Y/E Compliance (1315-1935)($476,000) Inter-departmental transfer TO Dep't 19 Gen Gov't - Y/E Compliance (1400-1900)$2,100,000 Inter-departmental transfer FROM Dep't 21 PD - Y/E Compliance (2100-2140) ($660,000) Inter-departmental transfer FROM Dep't 41 Public Works - Y/E Compliance (1940-4110)($224,000) Inter-departmental transfer FROM Dep't 72 Parks - Y/E Compliance (7200-7250)($75,000) $0 Fiscal Year 2024 Purchase Order/Budget Rollovers: Increase Parks Consulting Rollover PO for CWP Master Plan (72) ($123,324) Res 2025-01 Increase Gen Government (19) /Finance (13) Consulting Rollover PO for Hurricane Ian Closeout ($40,000) Res 2025-01 ($163,324) Revisions to Original Budgeted Appropriation TO (FROM ) Fund Balance ($163,324) REVISED 9/30/25 Budgeted Ending Fund Balance $9,719,917 FY 24 Mid-Year Budget Amendment Attachment 1 8 Attachment 1 - Budget Amendment Detail Resolution 2025-21 Other Governmental Funds Difference in Beg Fund Bal Projected to Actual Actual Beg Fund Balance Police Education Fund #101 As approved by City Commission on 9/23/24. Public Hearing Item 401: 10/1/24 Budgeted Beginning Fund Balance $17,567 $12,295 $29,862 FY 2025 Budgeted Appropriation TO (FROM ) Fund Balance ($2,240) 9/30/25 Budgeted Ending Fund Balance $15,327 Amendments to be approved tonight to Original FY 2024-2025 Budget (as approved on 09/23/24): Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials $12,295 Traffic Revenue $24,974 Res 2025-06 Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance $37,269 REVISED 9/30/25 Budgeted Ending Fund Balance $52,596 Special Law Enforcement Fund - Local #102 As approved by City Commission on 9/23/24. Public Hearing Item 401: 10/1/24 Budgeted Beginning Fund Balance $26,157 $8,487 $34,644 FY 2025 Budgeted Appropriation TO (FROM ) Fund Balance ($13,130) 9/30/25 Budgeted Ending Fund Balance $13,027 Amendments to be approved tonight to Original FY 2024-2025 Budget (as approved on 09/23/24): Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials $8,487 Increase in Confiscation Revenue $8,108 Res 2025-06 Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance $16,595 REVISED 9/30/25 Budgeted Ending Fund Balance $29,622 Road Improvement (Infrastructure Surtax)Fund #121 As approved by City Commission on 9/23/24. Public Hearing Item 401: 10/1/24 Budgeted Beginning Fund Balance $8,098,998 $1,740,385 $9,839,383 FY 2025 Budgeted Appropriation TO (FROM ) Fund Balance ($2,675,000) 9/30/25 Budgeted Ending Fund Balance $5,423,998 Amendments to be approved tonight to Original FY 2024-2025 Budget (as approved on 09/23/24): Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials $1,740,385 Discretionary Sales Surtax Revenue 3rd Gen (Additional Over Budgeted Amount - Real)$370,000 Res 2025-06 Discretionary Sales Surtax Revenue 4th Gen (Not Budgeted at time of Adoption - Real)$708,000 Res 2025-06 Discretionary Sales Surtax Revenue 4th Gen (Not Budgeted at time of Adoption -Estimated)$892,000 Res 2025-06 Federal Grant Revenue (NRCS - Creek Sediment and Debris Removal)$459,202 Res 2025-06 Rollover PO for Stormwater Improvement Program - Kimley Horn Tasks 1-5 - (Reg 502 2.26.24, Reg 500 6.24.24)($662,000)Res 2025-06 Federal Grant Revenue (NRCS - Moss Park Creek Bank Stabilization)$571,965 Res 2025-06 Federal Grant Revenue (NRCS - Creek Sediment and Debris Removal) Reclass Revenue to Stormwater Fund ($459,202) NRCS - Creek Sediment and Debris Removal Hurricane Ian Projects Reclass Expenditures to Stormwater Fund $612,270 NRCS - Creek Sediment and Debris Removal Hurricane Milton Projects Reclass Expenditures to Stormwater Fund $394,499 Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance $4,627,119 REVISED 9/30/25 Budgeted Ending Fund Balance $10,051,117 Solid Waste/Recycling Fund #130 As approved by City Commission on 9/23/24. Public Hearing Item 401: 10/1/24 Budgeted Beginning Fund Balance $1,902,187 ($38,929)$1,863,258 FY 2025 Budgeted Appropriation TO (FROM ) Fund Balance $18,678 9/30/25 Budgeted Ending Fund Balance $1,920,865 Amendments to be approved tonight to Original FY 2024-2025 Budget (as approved on 09/23/24): Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials ($38,929) Increase consulting storm reserve ($30,000) Res 2025-01 Increase emergency / recovery services ($400,000) Res 2025-01 HELPFUL TOOLS: Fiscal Year 2024-2025 Original Budget as approved by City Commission on 9/23/24 Public Hearing 401. FY 24 Mid-Year Budget Amendment Attachment 1 9 Attachment 1 - Budget Amendment Detail Resolution 2025-21 Other Governmental Funds Difference in Beg Fund Bal Projected to Actual Actual Beg Fund BalanceHELPFUL TOOLS: Fiscal Year 2024-2025 Original Budget as approved by City Commission on 9/23/24 Public Hearing 401. Increase in Solid Waste Revenue $115,000 Increase in Disposal Landfill ($115,000) Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance ($468,929) REVISED 9/30/25 Budgeted Ending Fund Balance $1,451,936 TLBD Maintenance Fund #160 As approved by City Commission on 9/23/24. Public Hearing Item 401: 10/1/24 Budgeted Beginning Fund Balance $83,343 $252,754 $336,097 FY 2025 Budgeted Appropriation TO (FROM ) Fund Balance ($82,504) 9/30/25 Budgeted Ending Fund Balance $839 Amendments to be approved tonight to Original FY 2024-2025 Budget (as approved on 09/23/24): Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials $252,754 Increase Insurance Settlement Proceeds $43,443 Res. 2025-01 Increase CIP, Project delayed due to Hurricane Milton (Rollover PO)($200,000)Res. 2025-01 Increase Insurance Settlement Proceeds $4,980 Res 2025-06 Increase CIP , North Fountain Repair ($45,000)Res 2025-06 Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance $56,177 REVISED 9/30/25 Budgeted Ending Fund Balance $57,016 Oak Forest Maintenance Fund #161 As approved by City Commission on 9/23/24. Public Hearing Item 401: 10/1/24 Budgeted Beginning Fund Balance $81,175 $21,893 $103,068 FY 2025 Budgeted Appropriation TO (FROM ) Fund Balance ($24,003) 9/30/25 Budgeted Ending Fund Balance $57,172 Amendments to be approved tonight to Original FY 2024-2025 Budget (as approved on 09/23/24): Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials $21,893 Increase Contract/Administrative for Assessment District Rate Study ($16,000)Res 2025-06 Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance $5,893 REVISED 9/30/25 Budgeted Ending Fund Balance $63,065 Sewer Plant Replacement (ARPA/SRFL) Fund #180 (Fund Established 9/13/2021 with Resolution 2021-24) As approved by City Commission on 9/23/24. Public Hearing Item 401: 10/1/24 Budgeted Beginning Fund Balance $1,101,327 $619,525 $1,720,852 FY 2025 Budgeted Appropriation TO (FROM ) Fund Balance $22,000 9/30/25 Budgeted Ending Fund Balance $1,123,327 Amendments to be approved tonight to Original FY 2024-2025 Budget (as approved on 09/23/24): Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials $619,525 Increase CIP Budget, Approved 09.23.24 Item 500 (Rollover PO) for Lift Station 7W Construction (4,044,327) Res 2025-01 Increase Recognition of ARPA Revenue from Deferred Revenue as Spent $4,044,327 Res 2025-01 Increase CIP Budget, Approved 12.11.23 Item 500 Budget (Rollover PO) for Waste Water Treatment Plant Design ($3,700,000)Res 2025-01 Increase Recognition of ARPA Revenue from Deferred Revenue as Spent $3,700,000 Res 2025-01 Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance $619,525 REVISED 9/30/25 Budgeted Ending Fund Balance $1,742,852 1999/2011 Debt Service Fund #202 As approved by City Commission on 9/23/24. Public Hearing Item 401: 10/1/24 Budgeted Beginning Fund Balance $1,333,463 $2,556 $1,336,019 FY 2025 Budgeted Appropriation TO (FROM ) Fund Balance ($42,505) 9/30/25 Budgeted Ending Fund Balance $1,290,958 Amendments to be approved tonight to Original FY 2024-2025 Budget (as approved on 09/23/24): Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials $2,556 Increase in Consulting for Arbitrage Calculation Due FY25 by PFM ($1,000)Res 2025-06 FY 24 Mid-Year Budget Amendment Attachment 1 10 Attachment 1 - Budget Amendment Detail Resolution 2025-21 Other Governmental Funds Difference in Beg Fund Bal Projected to Actual Actual Beg Fund BalanceHELPFUL TOOLS: Fiscal Year 2024-2025 Original Budget as approved by City Commission on 9/23/24 Public Hearing 401. Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance $1,556 REVISED 9/30/24 Budgeted Ending Fund Balance $1,292,514 Special Assessment TLBD I Debt Service Fund #261 As approved by City Commission on 9/23/24. Public Hearing Item 401: 10/1/24 Budgeted Beginning Fund Balance $31,512 $2,120 $33,632 FY 2025 Budgeted Appropriation TO (FROM ) Fund Balance $284 9/30/25 Budgeted Ending Fund Balance $31,796 Amendments to be approved tonight to Original FY 2024-2025 Budget (as approved on 09/23/24): Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials $2,120 Increase in NBS fees for new contract ($151) Increase in Capital Assessement Revenue $151 Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance $2,120 REVISED 9/30/24 Budgeted Ending Fund Balance $33,916 Public Facilities Capital Project Fund #303 As approved by City Commission on 9/23/24. Public Hearing Item 401: 10/1/24 Budgeted Beginning Fund Balance $1,713,291 $792,375 $2,505,666 FY 2025 Budgeted Appropriation TO (FROM ) Fund Balance ($1,426,000) 9/30/25 Budgeted Ending Fund Balance $287,291 Amendments to be approved tonight to Original FY 2024-2025 Budget (as approved on 09/23/24): Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials $792,375 Transfer in from General Fund (19) for HMGP / HMGMP Grant Projects (Police Safe Room, PW Generator) $1,500,000 Revisions to Original Budgeted Appropriation TO (FROM) Fund Balance $2,292,375 REVISED 9/30/25 Budgeted Ending Fund Balance $2,579,666 FY 24 Mid-Year Budget Amendment Attachment 1 11 Attachment 1 - Budget Amendment Detail Resolution 2025-21 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 9/23/24. Public Hearing Item 401: 10/1/24 Budgeted Beginning Fund Balance $7,077,536 $25,824,762 $15,578,481 $48,480,779 FY 2025 Budgeted Appropriation TO (FROM ) Fund Balance ($4,501,169) 9/30/25 Budgeted Ending Fund Balance $2,576,367 W&S Svc Avail Fund $6,370,977 ACFR combines 410, 412 $54,851,756 Amendments to be approved tonight to Original FY 2024-2025 Budget (as approved on 09/23/24): $15,578,481 Increase CIP Budget, Approved 12.11.23 Item 500 Budget (Rollover PO) for Waste Water Treatment Plant Design ($5,452,000) Res 2025-01 Increase Debt Proceeds from Approval of State Revolving Design Loan 01.10.25 $5,452,000 Res 2025-01 Increase CIP Budget, Approved 12.11.23 Item 500 Budget (Rollover PO) for Waste Water Treatment Plant Design ($3,457,045) Res 2025-01 Defer to FY26 CIP Budget, Approved 12.11.23 Item 500 Budget (Rollover PO) for Waste Water Treatment Plant Design $5,425,200 Res 2025-06 Defer to FY26 Debt Proceeds from Approval of State Revolving Design Loan 01.10.25 ($5,452,000) Res 2025-06 Defer to FY26 CIP Budget, Approved 12.11.23 Item 500 Budget (Rollover PO) for Waste Water Treatment Plant Design $3,457,045 Res 2025-06 Increase CIP Budget for CMAR Preconstruction Services on Reg 05.12.25 (585,346) Res 2025-06 Rollover FY24 PO for West WRF Disk Filter Reg 500 Approved 4.29.24 (366,085) Res 2025-06 Recognize Grant Revenue from Hurricane Ian FEMA Reimbursement 240,679 Res 2025-06 Revisions to Original Budgeted Appropriation TO (FROM) Fund Equity $14,840,929 $17,417,296 Stormwater Utility Fund #411 As approved by City Commission on 9/23/24. Public Hearing Item 401: 10/1/24 Budgeted Beginning Fund Balance $1,010,347 $7,319,133 $194,581 $8,524,061 FY 2025 Budgeted Appropriation TO (FROM ) Fund Balance ($746,845) 9/30/25 Budgeted Ending Fund Balance $263,502 Amendments to be approved tonight to Original FY 2024-2025 Budget (as approved on 09/23/24): $194,581 Recognize Grant Revenue from Hurricane Ian FEMA Reimbursement $163,080 Res 2025-06 Recognize Grant Revenue NRCS Reimbursement Reclassed from 121 $459,202 Increase Operating Expense NRCS Grant Sediment & Debris Removal Hurricane Ian ($612,270) Increase Operating Expense NRCS Grant Sediment & Debris Removal Hurricane Milton ($394,500) Increase Transfer in from General Fund (19) NRCS Grant Expenditures and Additional Projects $2,000,000 Revisions to Original Budgeted Appropriation TO (FROM) Fund Equity $1,810,093 $2,073,595 Water and Sewer Service Availability Fund #412: As approved by City Commission on 9/23/24. Public Hearing Item 401: 10/1/24 Budgeted Beginning Fund Balance $5,408,387 $962,590 $6,370,977 FY 2025 Budgeted Appropriation TO (FROM ) Fund Balance ($410,000) 9/30/25 Budgeted Ending Fund Balance $4,998,387 Amendments to be approved tonight to Original FY 2024-2025 Budget (as approved on 09/23/24): $962,590 Align Service Availability revenue budget with YTD actuals $100,000 Res 2025-06 Revisions to Original Budgeted Appropriation TO (FROM) Fund Equity $1,062,590 $6,060,977 HELPFUL TOOLS: Fiscal Year 2024-2025 Original Budget as approved by City Commission on 9/23/24 Public Hearing 401. Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials REVISED 9/30/25 Budgeted Ending Fund Balance Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials REVISED 9/30/25 Budgeted Ending Fund Balance REVISED 9/30/25 Budgeted Ending Fund Balance Difference in Beginning Fund Balance FROM projected to actual as shown in 9/30/24 Year-End Financials FY 24 Mid-Year Budget Amendment Attachment 1 12