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HomeMy WebLinkAbout2018-090 RESOLUTION NO. 2018-090 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 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 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 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 2018-2019 for the Transportation Fund. The resolution was moved for adoption by Commissioner Flescher , and the motion was seconded by Commissioner O'Bryan , 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 day of September, 2018. BOARD OF COUNTY COMMISSION tWatii4;;•,, INDIAN RIVER COUNTY, FLORIKo��••'"" "•••*5/-. Attest: Jeffrey R. SmithD I*: Fes,. Clerk of Court and Comptroller �> •N; By\0111kAiLj 0012111'° t`1( Peter D. O'Bryan =o' Deputy Clerk Chairman '9 • ; :S`z.,I urcrr. ••• . APPROVED AS TO FORm'''''' AND LEGAL SUFI IOI. _'Y - Attachment: EXHIBIT "A" emoinagmgewegAmorlammorraresemieseeseume DY6AN 110 OOLC) (40W1TY ArieriMPV BUDGET SUMMARY INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS FISCAL YEAR 2018/2019 TRANSPORTATION FUND ESTIMATED REVENUES: Federal Sources $0 State Sources 3,035,000 Local Sources 791,500 Ad Valorem Taxes 0 Non-Ad Valorem Assessments 0 User Fees 0 Sub-Total 3,826,500 Less 5%per F.S. 129.01(2)(b) (176,325) Net 3,650,175 Interfund Transfers 11,101,166 Cash Forward-October 1,2018 1,905,960 TOTAL ESTIMATED REVENUES AND BALANCES $16,657,301 EXPENDITURES/EXPENSES: General Government $367,987 Public Safety 0 Physical Environment 945,550 Transportation 14,304,147 Economic Environment 0 Human Services 0 Internal Services 0 Culture/Recreation 0 Court Related Costs 0 Interfund Transfers 78,319 TOTAL EXPENDITURES/EXPENSES 15,696,003 Reserve for Contingencies 361,298 Cash Forward-September 30,2019 600,000 TOTAL APPROPRIATED EXPENDITURES AND RESERVES $16,657,301 EXHIBIT"A" •