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HomeMy WebLinkAbout2018-098 RESOLUTION NO. 2018- 098 A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, ADOPTING A FINAL BUDGET FOR FISCAL YEAR 2018-2019 FOR CERTAIN NONTAXING FUNDS OF INDIAN RIVER COUNTY. WHEREAS, the Board of County Commissioners of Indian River County has held the necessary budget hearings as provided by Florida law, has considered all expenditures set forth in the budgets, and now determines that adoption of the budgets is in the best interest of the citizens of Indian River County; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that the Board of County Commissioners hereby adopts the budgets set forth for the following funds: Other Special Revenue Funds $ 30,756,923 Other Debt Service Fund $ 1,140,000 Capital Projects $ 24,663,712 Enterprise Funds $ 52,363,073 Internal Service Funds $ 30,312,981 The resolution was moved for adoption by Commissioner. ;n1 ari , and the motion was seconded by Commissioner _F1escher , 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. ,.•'����Y CObitijs.. BOARD OF COUNTY COMMIS gN s�o�`=• INDIAN RIVER COUNTY, FLOPriiA `='`, Attest: Jeffrey R. Smith ° • ; • Clerk of Court and Comptroller By Bya✓c'"u' QO u.ok,c;• -/Z/ Peter D. O'Bryan 1 \: o�`° Deputy Clerk Chairman • coutan�`:•° APPROVED AS TO FORM AND LEGAL SUFFICIENCY Attachment: EXHIBIT "A" EY DYLAN REINGOLD COUNTY ATTORNEY BUDGET SUMMARY INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS FISCAL YEAR 2018/2019 SPECIAL DEBT INTERNAL REVENUE SERVICE CAPITAL ENTERPRISE SERVICE FUNDS FUND PROJECTS FUNDS FUNDS ESTIMATED REVENUES: Federal Sources $3,815,008 $0 $0 $0 $0 State Sources 1,071,000 500,000 125,000 0 0 Local Sources 11,201,106 700,000 18,500,000 436,540 1,234,625 Ad Valorem Taxes 0 0 0 0 0 Non-Ad Valorem Assessments 537,918 0 0 0 0 User Fees 0 0 0 41,012,625 27,455,732 Sub-Total 16,625,032 1,200,000 18,625,000 41,449,165 28,690,357 Less 5%per F.S.129.01(2)(b) (578,502) (60,000) (925,000) (2,072,458) (241,601) Net 16,046,530 1,140,000 17,700,000 39,376,707 28,448,757 Interfund Transfers 195,884 0 125,000 78,319 43,332 Cash Forward-October 1,2018 14,514,509 0 6,838,712 12,908,047 1,820,892 TOTAL ESTIMATED REVENUES AND BALANCES $30,756,923 $1,140,000 $24,663,712 $52,363,073 $30,312,981 EXPENDITURES/EXPENSES: General Government $1,463,261 $996,825 $1,338,857 $0 $0 Public Safety 1,236,586 0 3,897,285 4,436,130 0 Physical Environment 175,407 0 2,569,579 42,494,478 0 • Transportation 15,460,729 0 16,032,991 0 0 Economic Environment0 0 0 0 0 Human Services 3,767,168 0 0 0 0 Internal Services 0 0 0 0 30,201,449 Culture/Recreation 7,848,938 0 700,000 2,876,233 0 Court Related Costs 746,198 0 0 0 0 Interfund Transfers 0 0 125,000 0 0 TOTAL EXPENDITURES/EXPENSES 30,698,287 996,825 24,663,712 49,806,841 30,201,449 Reserve for Contingencies 58,383 0 0 312,326 111,532 Cash Forward-September 30,2019 253 143,175 0 2,243,906 0 TOTAL APPROPRIATED EXPENDITURES AND RESERVES $30,756,923 $1,140,000 $24,663,712 $52,363,073 $30,312,981 EXHIBIT"A"