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HomeMy WebLinkAbout2020-077RESOLUTION NO. 2020- 077 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 2020-2021 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 2020-2021, 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 2020-2021 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 Susan Adams Vice Chairman Joseph E. Flescher Commissioner Peter D. O'Bryan Commissioner Bob Solari Commissioner Tim Zorc AYE AYE AYE AYE AYE The Chairman thereupon declared the resolution duly passed and adopted this 23rd day of September, 2020. Attest: Jeffrey R. Smith Clerk of Court and Comptroller By w0 -Q42-6714 Deputy Clerk Attachment: EXHIBIT "A" BOARD OF COUNTY COMMI SIONERS INDIAN RIVER COUNTY By �ourirvCoff , Susan Adam Chairman APPROVEL) AS TO .17 AND LL 3AL BY DYLAN Ei 00LNTYA9 TORNrE'V BUDGET SUMMARY INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS FISCAL YEAR 2020/2021 TRANSPORTATION FUND ESTIMATED REVENUES: Federal Sources $0 State Sources 2,968,633 Local Sources 996,500 Ad Valorem Taxes 0 Non -Ad Valorem Assessments 0 User Fees 0 Sub -Total 3,965,133 Less 5% per F. S. 129.01(2)(b) (183,257) Net 3,781,876 Interfund Transfers 12,165,154 Cash Forward -October 1, 2020 1,305,960 TOTAL ESTIMATED REVENUES AND BALANCES $17,252,990 EXPENDITURES/EXPENSES: General Government $380,197 Public Safety 0 Physical Environment 1,241,298 Transportation 15,155, 336 Economic Environment 0 Human Services 0 Internal Services 0 Culture/Recreation 0 Court Related Costs 0 Interfund Transfers 97,539 TOTAL EXPENDITURES/EXPENSES 16,874,370 Reserve for Contingencies 378,620 Cash Forward -September 30, 2021 0 TOTAL APPROPRIATED EXPENDITURES AND RESERVES $17,252,990 EXHIBIT "A"