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HomeMy WebLinkAbout2010-077RESOLUTION NO. 2010- 077 A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, AMENDING THE COUNTY BUDGET OFFICER'S ESTIMATES OF RECEIPTS OTHER THAN TAXES AND OF BALANCES TO BE BROUGHT FORWARD FOR FISCAL YEAR 2010-2011 AND ADOPTING A FINAL BUDGET FOR THE TRANSPORTATION FUND. WHEREAS, the Budget Officer of Indian River County has ascertained the needs and the fiscal policy of the Board of County Commissioners for the ensuing fiscal year and did prepare and present to the Board a tentative budget for fiscal year 2010-2011, including all estimates of receipts, taxes to be levied, and balances expected to be brought forward and all estimated expenditures, reserves, and balances to be carried over at the end of the year; and WHEREAS, the Board of County Commissioners of Indian River County did examine the tentative budget and held public hearings, pursuant to law, to consider input from the citizens of Indian River County with respect to taxes to be levied and the amounts and the use of money derived from the levy of taxes, NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that: 1. The County Budget Officer's estimates of receipts other than taxes and of balances to be brought forward for the Transportation Fund are hereby revised as set forth in Exhibit "A" attached hereto. 2. The Board of County Commissioners of Indian River County hereby adopts the attached budget as the final budget for fiscal year 2010-2011 for the Transportation Fund. The resolution was moved for adoption by Commissioner Solari , and the motion was seconded by Commissioner Wheel er , and, upon being put to a vote, the vote was as follows: Chairman Peter D. O'Bryan Aye Vice Chairman Bob Solari Aye Commissioner Wesley S. Davis Aye Commissioner Joseph E. Flescher Aye Commissioner Gary C. Wheeler Aye The Chairman thereupon declared the resolution duly passed and adopted this 15th day of September, 2010. Attest: J. . Barton, Clerk By‘-'24>A•-• Deputy Clerk Attachment: EXHIBIT "A" BOARD OF COUNTY COMMISSIONERS INDIAN RIVER COUNTY, FLORIDA a' . :* l .,�i .cr) * Peter D. O'Bryan Chairman APPROVED AS TO FORM AND LEGAL SUFFI CY BY ALAN S. CKWICH COUNTY ATTORNEY w BUDGET SUMMARY INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS -FISCAL YEAR 2010/2011 TRANSPORTATION FUND ESTIMATED REVENUES: Federal Sources 0 State Sources 2,441,000 Local Sources 1,136,500 Ad Valorem Taxes 0 Non -Ad Valorem Assessments 0 User Fees 0 Sub -Total 3,577,500 Less 5% per F. S. 129.01(2)(b) (165,125) Net 3,412,375 Interfund Transfers 7,953,026 Cash Forward -October 1, 2010 1,950,000 TOTAL ESTIMATED REVENUES AND BALANCES 13,315,401 EXPENDITURES/EXPENSES: General Government Public Safety Physical Environment Transportation Economic Environment Human Services Internal Services Culture/Recreation Court Related Costs Interfund Transfers TOTAL EXPENDITURES/EXPENSES Reserve for Contingencies Cash Forward -September 30, 2011 304,650 0 576,834 11,658,917 0 0 0 0 0 0 12,540,401 125,000 650,000 TOTAL APPROPRIATED EXPENDITURES AND RESERVES 13,315,401 EXHIBIT "A"