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HomeMy WebLinkAbout2019-088 RESOLUTION NO. 2019-088 A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, ADOPTING A FINAL BUDGET FOR FISCAL YEAR 2019-2020 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 $ 24,573,800 Other Debt Service Fund $ 500,000 Capital Projects $ 32,360,215 Enterprise Funds $ 59,186,086 Internal Service Funds $ 37,227,725 The resolution was moved for adoption by Commissioner Joseph Flescher , and the motion was seconded by Commissioner Tim Zorc , 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 COMMISSJ�OIj1 0,811.00 $;%`c"0.. INDIAN RIVER COUNTY, FLOKKIt3A •••.•4\ Attest: Jeffrey R. Smith ` �° • Clerk of Court and Comptroller ' By � ',r gip Bob Solari Deputy Clerk Chairman vTY FlOR10Pw APPROVED AS TO FORM AND LEGAL SUFFICIENCY Attachment: EXHIBIT "A" BY _.a- DYLAN IR E NGOI._D COUNTY ATTORNt Y BUDGET SUMMARY , INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS FISCAL YEAR 2019/2020 SPECIAL .DEBT INTERNAL • ' REVENUE SERVICE CAPITAL ENTERPRISE SERVICE FUNDS FUND PROJECTS FUNDS FUNDS ESTIMATED REVENUES: Federal Sources - $3,601,421 $0 $0 $0 $0 State Sources 1,166,000 500,000 0 0 0 Local Sources 11,315,886 0 19,900,000 426,540 .2,115,000 Ad Valorem Taxes 0 0 0 0 0 Non-Ad Valorem Assessments 521,569 0 0 0 0 User Fees 0 0 0 43,491,625 31,266,389 Sub-Total 16,604,876 500,000 19,900,000 43,918,165 33,381,389 Less 5%per F.S.129.01(2)(b) (584,924) (25,000) (962,500) (2,194,758) (256,250) Net 16,019,952 475,000 18,937,500 41,723,407 33,125,139 Interfund Transfers 193,933 0 150,000 678,889 48,121 Cash Forward-October 1,2019 8,359,915 25,000 13,272,715 16,783,790 4,054,465 TOTAL ESTIMATED REVENUES AND BALANCES $24,573,800 , $500,000 $32,360,215 $59,186,086 . $37,227,725 EXPENDITURES/EXPENSES: General Government $1,151,680 •$499,238 $2,952,046 $0 $0 Public Safety 1,605,367 0 5,531,278 5,051,252 0 Physical Environment 450,000 0 4,350,000 47,505,790 0 Transportation 12,564,344 0 17,131,891 0 0 Economic Environment 0 0 0 0 0 Human Services 3,885,508 0 0 0 0 Internal Services 0 0 0 0 • 37,147,070 Culture/Recreation 4,273,067 - 0 2,245,000 3,012,901 0 Court Related Costs 575,116 0 0 0 0 Interfund Transfers 0 0 150,000 601,570 0 ' TOTAL EXPENDITURES/EXPENSES 24,505,082 499,238 32,360,215 56,171,513 37,147,070 Reserve for Contingencies 68,465 0 0 1,038,737 80,655 Cash Forward-September 30,2020 253 762 0 1,975,836 0 TOTAL APPROPRIATED EXPENDITURES AND RESERVES $24,573,800 $500,000 $32,360,215 $59,186,086 $37,227,725 EXHIBIT"A" •