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HomeMy WebLinkAbout2011-075RESOLUTION NO. 2011- 075 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 2011-2012 AND ADOPTING A FINAL BUDGET FOR THE GENERAL 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 2011-2012 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 General 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 2011-2012 for the General Fund. The resolution was moved for adoption by Commissioner O' Bryan , and the motion was seconded by Commissioner Davis , and, upon being put to a vote, the vote was as follows: AND LEGAL S CY Chairman Bob Solari Aye Vice Chairman Gary C. Wheeler Aye Commissioner Wesley S. Davis Aye Commissioner Joseph E. Flescher Aye Commissioner Peter D. O'Bryan Aye The Chairman thereupon declared the resolution duly passed and adopted this 14th day of September, 2011. Attest: J K. arton, Attachment: EXHIBIT "A" BOARD OF COUNTY COMMISSIONERS INDIAN RIVER COUNTY, FLORIDA By Bob Solari Chairman .� APPROVED AS TO FORM AND LEGAL S CY --2 :oaf BY : ct,.• ALAN{S. POLACMICH .' COUNTY ATTORNEY BUDGET SUMMARY INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS FISCAL YEAR 2011/2012 TOTAL ESTIMATED REVENUES AND BALANCES 69,680,951 EXPENDITURES/EXPENSES: GENERAL General Government FUND ESTIMATED REVENUES: 40,641,012 Federal Sources 75,000 State Sources 5,589,291 Local Sources 5,800,773 Ad Valorem Taxes 40,894,732 Non -Ad Valorem Assessments 0 User Fees 0 Sub -Total 52,359,796 Less 5% per F. S. 129.01(2)(b) (2,617,990) Net 49, 741,806 Interfund Transfers 14,629,145 Cash Forward -October 1, 2011 5,310,000 TOTAL ESTIMATED REVENUES AND BALANCES 69,680,951 EXPENDITURES/EXPENSES: General Government 13,535,426 Public Safety 40,641,012 Physical Environment 143,993 Transportation 500,130 Economic Environment 459,264 Human Services 3,178,533 Internal Services 0 Culture/Recreation 5,132,123 Court Related Costs 229,285 Interfund Transfers 3,521,948 TOTAL EXPENDITURES/EXPENSES 67,341,714 Reserve for Contingencies 541,293 Cash Forward -September 30, 2012 1,797,944 TOTAL APPROPRIATED EXPENDITURES AND RESERVES 69,680,951 EXHIBIT "A"