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HomeMy WebLinkAbout2018-087 • RESOLUTION NO. 2018-087 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 2018-2019 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 2018-2019 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 budget as set forth in Exhibit "A" attached hereto, as the final budget for fiscal year 2018-2019 for the General Fund. The resolution was moved for adoption by Commissioner Solari , and the motion was seconded by Commissioner zorc , and, upon being put to a vote, the vote was as follows: Chairman Peter D. O'Bryan AYE Vice Chairman Bob Solari AYE Commissioner Susan Adams AYE Commissioner Joseph E. Flescher AYE Commissioner Tim Zorc AYE The Chairman thereupon declared the resolution duly passed and adopted this 19th.da of September, 2018. ., �,1v CO Miss•., BOARD OF COUNTY COMMIS�ri0�+1-^ °% F-. INDIAN RIVER COUNTY, FLORIDA Ne Attest: Jeffrey R. Smith *i Clerk of Court and ComptrollerB LbC1619'...;% By l' ( �' y Peter D. O'Bryan G� 1 F ourar{,F`:e,. Deputy Clerk Chairman APPROVED AS TO FORM AND LEGAL SUFFICIENCY Attachment: EXHIBIT"A" DYLAN IEINCOLD @PCEINTY Ate` tlNEY BUDGET SUMMARY INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS FISCAL YEAR 2018/2019 GENERAL FUND ESTIMATED REVENUES: Federal Sources $35,000 State Sources 4,959,283 Local Sources 7,353,062 Ad Valorem Taxes 60,104,922 Non-Ad Valorem Assessments 0 User Fees 0 Sub-Total 72,452,267 Less 5%per F.S. 129.01(2)(b) (3,622,613) Net 68,829,654 Interfund Transfers 19,169,225 Cash Forward-October 1,2018 3,859,845 TOTAL ESTIMATED REVENUES AND BALANCES $91,858,724 EXPENDITURES/EXPENSES: General Government $16,828,931 Public Safety 52,492,580 Physical Environment 314,702 Transportation 1,115,800 Economic Environment 452,491 Human Services 5,309,350 Internal Services 0 Culture/Recreation 6,325,935 Court Related Costs 343,863 Interfund Transfers 6,133,935 TOTAL EXPENDITURES/EXPENSES 89,317,587 Reserve for Contingencies 808,193 Cash Forward-September 30,2019 1,732,944 TOTAL APPROPRIATED EXPENDITURES AND RESERVES $91,858,724 EXHIBIT"A"