HomeMy WebLinkAbout2016-092 RESOLUTION NO. 2016- 092
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 2016-2017 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 2016-2017, 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 budget as
set forth in Exhibit "A" attached hereto, as the final budget for fiscal year 2016-2017 for the
Transportation Fund.
The resolution was moved for adoption by Commissioner o'Bryan and the
motion was seconded by Commissioner Flescher and, upon being put to a vote,
the vote was as follows:
Chairman Bob Solari AYE
Vice Chairman Joseph E. Flescher AYE
Commissioner Wesley S. Davis AYE
Commissioner Peter D. O'Bryan AYE
Commissioner Tim Zorc AYE
The Chairman thereupon declared the resolution duly passed and adopted this 21stday
of September, 2016.
BOARD OF COUNTY COMMISSIONERS
INDIAN RIVER COUNTY, FLORIDA
Attest: Jeffrey R. Smith
Clerk of Court and Comptroller 7 1
By fc+°•' '•.oy•: ob Solari
De u erk i#: Fes,'; Chairman
i
APPROVED AS TO FORM
AND LEGAL SUFFICIENCY
Attachment: EXHIBIT "A" ��UNT`I;N%'''
"'" BY
YLAN REINGOLD
99UNTY ATTORNEY
BUDGET SUMMARY
INDIAN RIVER COUNTY BOARD OF COUNY COMMISSIONERS
FISCAL YEAR 2016/2017
Sub -Total 3,440,326
Less 5% per F S 129 01(2)(b) (158,266)
Net 3,282,060
Interfund Transfers 9,756,429
Cash Forward -October 1, 2016 1,905,961
TOTAL ESTIMATED REVENUES
AND BALANCES $14,944,450
EXPENDITURES/EXPENSES:
TRANSPORTATION
General Government
FUND
ESTIMATED REVENUES:
634,741
Federal Sources
$0
State Sources
2,758,200
Local Sources
682,126
Ad Valorem Taxes
0
Non -Ad Valorem Assessments
0
User Fees
0
Sub -Total 3,440,326
Less 5% per F S 129 01(2)(b) (158,266)
Net 3,282,060
Interfund Transfers 9,756,429
Cash Forward -October 1, 2016 1,905,961
TOTAL ESTIMATED REVENUES
AND BALANCES $14,944,450
EXPENDITURES/EXPENSES:
General Government
$278,137
Public Safety
634,741
Physical Environment
0
Transportation
12,907,568
Economic Environment
0
Human Services
0
Internal Services
0
Culture/Recreation
0
Court Related Costs
0
Interfund Transfers
82,667
TOTAL EXPENDITURES/EXPENSES
13,903,113
Reserve for Contingencies
441,337
Cash Forward -September 30, 2017
600,000
TOTAL APPROPRIATED
EXPENDITURES AND RESERVES $14,944,450
EXHIBIT "A"