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HomeMy WebLinkAbout2020-083RESOLUTION NO. 2020- 083 A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, ADOPTING A FINAL BUDGET FOR FISCAL YEAR 2020-2021 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: Special Revenue Funds Other Debt Service Fund Capital Projects Enterprise Funds Internal Service Funds $ 54,002,630 $ 500,000 $ 25,961,764 $ 58,567,528 $ 41,584,870 The resolution was moved for adoption by Commissioner 0Bryan , and the motion was seconded by Commissioner Flescher , and, upon being put to a vote, the vote was as follows: Chairman Susan Adams AYE Vice Chairman Joseph E. Flescher AYE Commissioner Peter D. O'Bryan AYE Commissioner Bob Solari AYE Commissioner Tim Zorc 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 Deputy Clerk Attachment: EXHIBIT "A" BOA' ! o COUNTY COM TONERS IN I AN RIVE R COUNTY c By -................ / Susan Adams `, Chairman APPROVED AS TO FORM ANC LvGAL SUFFICIENCY BY DYLAN REitn;OI_G 0 NST\/ ATTOR N f:'( BUDGET SUMMARY INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS FISCAL YEAR 2020/2021 SPECIAL DEBT INTERNAL REVENUE SERVICE CAPITAL ENTERPRISE SERVICE FUNDS FUND PROJECTS FUNDS FUNDS ESTIMATED REVENUES: Federal Sources $24,725,528 $0 $0 $0 $0 State Sources 817,556 500,000 0 0 0 Local Sources 11,499,706 0 17,930,000 313,500 2,460,000 Ad Valorem Taxes 0 0 0 0 0 Non -Ad Valorem Assessments 502,986 0 0 0 0 User Fees 0 0 0 44,412,319 35,202,824 Sub -Total 37,545,776 500,000 17,930,000 44,725,819 37,662,824 Less 5% per F. S. 129.01(2)(b) (1,640,432) (25,000) (865,000) (2,235,391) (279,144) Net 35,905,344 475,000 17,065,000 42,490,428 37,383,680 Interfund Transfers 173,947 0 170,000 654,998 50,175 Cash Forward -October 1, 2020 17,923,339 25,000 8,726,764 15,422,102 4,151,015 TOTAL ESTIMATED REVENUES AND BALANCES $54,002,630 $500,000 $25,961,764 $58,567,528 $41,584,870 EXPENDITURES/EXPENSES: General Government $1,819,356 $499,013 $2,634,232 $0 $0 Public Safety 2,798,252 0 2,673,827 5,165,481 0 Physical Environment 275,000 0 3,681,079 47,319,278 0 Transportation 15,801,124 0 14,001,331 0 0 Economic Environment 0 0 0 0 0 Human Services 3,821,647 0 0 0 0 Internal Services 0 0 0 0 41,521,426 Culture/Recreation 28,874,911 0 2,801,295 3,199,733 0 Court Related Costs 560,673 0 0 0 0 Interfund Transfers 0 0 170,000 557,459 0 TOTAL EXPENDITURES/EXPENSES 53,950,963 499,013 25,961,764 56,241,951 41,521,426 Reserve for Contingencies 51,667 0 0 355,809 63,444 Cash Forward -September 30, 2021 0 987 0 1,969,768 0 TOTAL APPROPRIATED EXPENDITURES AND RESERVES $54,002,630 $500,000 $25,961,764 EXHIBIT "A" $58,567,528 $41,584,870