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HomeMy WebLinkAbout2019-084 RESOLUTION NO. 2019-084 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 2019-2020 AND ADOPTING.A FINAL BUDGET FOR THE GENERAL OBLIGATION LAND ACQUISITION BOND ISSUE —2004 REFERENDUM 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 2019-2020, 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 Obligation Land Acquisition Bond Issue — 2004 Referendum 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 2019-2020 for the General Obligation Land Acquisition Bond Issue—2004 Referendum. The resolution was moved for adoption by Commissioner Tim Zorc , and the motion was seconded by Commissioner Joseph Flescher , and, upon being put to a vote, the vote was as follows: Chairman Bob Solari AYE Vice Chairman Susan Adams AYE Commissioner Peter D. O'Bryan AYE Commissioner Joseph E. Flescher AYE _ Commissioner Tim Zorc AYE The Chairman thereupon declared the resolution duly passed and adopted this 18th day of September, 2019. BOARD OF COUNTY COMMISSIONERS INDIAN RIVER COUNTY, FLORI ! Attest: Jeffrey R. Smith a,•c?.—. ot1g:145�• -. Clerk of Court and Comptroller / By By ` &Ai/L-0 • LALckt Bob Solari � ; Deputy Clerk Chairman -- APPROVED AS ;O'FURdM AND UAL SUFFICIENCY Attachment: EXHIBIT "A" ' . . bYLAN REINGoLb OOUNTY ATTORNEY BUDGET SUMMARY INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS FISCAL YEAR 2019/2020 2004 LAND • ACQUISITION BONDS ESTIMATED REVENUES: Federal Sources $0 • • State Sources 0 Local Sources 12,120 Ad Valorem Taxes 4,770,344 Non-Ad Valorem Assessments 0 User Fees' 0 Sub-Total 4,782,464 Less 5%per F.S.•129.01(2)(b) • (239,123) Net • 4,543,341 Interfund Transfers 0 Cash Forward-October 1,2019 7,762 `TOTAL ESTIMATED REVENUES AND BALANCES $4,551,103 EXPENDITURES/EXPENSES: General Government $4,551,103 Public Safety 0 Physical Environment 0 Transportation 0 Economic Environment 0 Human Services 0 Internal Services • 0 Culture/Recreation 0 Court Related Costs 0 Interfund Transfers 0 TOTAL EXPENDITURES/EXPENSES 4,551,103 Reserve for Contingencies 0 ' Cash Forward-September 30,2020 0 TOTAL APPROPRIATED ' EXPENDITURES AND RESERVES $4,551,103 • EXHIBIT"A" •