HomeMy WebLinkAbout2023-062RESOLUTION NO. 2023-062
A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, ADOPTING
A FINAL BUDGET FOR FISCAL YEAR 2023-2024 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 $ 44,517,269
Other Debt Service Fund $ 500,000
Capital Projects $ 52,511,479
Enterprise Funds $ 69,351,969
Internal Service Funds $ 50,492,843
The resolution was moved for adoption by Commissioner Flescher , and the
motion was seconded by Commissioner Adams and, upon being put to a vote, the
vote was as follows:
Chairman Joseph H. Earman
AYE
Vice Chairman Susan Adams
AYE
Commissioner Deryl Loar
AYE
Commissioner Joseph E. Flescher
AYE
Commissioner Laura Moss
AYE
The Chairman thereupon declared the resolution duly passed and adopted this 20th day
of September, 2023.
Attest: Ryan L. Butler
Clerk
nnoff� Court and Comptroller
Clerk
Attachment: EXHIBIT "A"
BOARD OF COUNTY COMMISSIONERS
INDIAN RIVER COUNTY, FLORIDA iatv'co
By
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Chairman Z:
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APPROVED AS TO FORM
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WILLIA'A L��z:;;;r,L
DEPUTY Ct7UNTY ATY CRNEY
BUDGET SUMMARY
INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS
FISCAL YEAR 2023/2024
TOTAL ESTIMATED REVENUES
SPECIAL
DEBT
INTERNAL
AND BALANCES
REVENUE
SERVICE
CAPITAL
ENTERPRISE
SERVICE
EXPENDITURES/EXPENSES :
FUNDS
FUND
PROJECTS
FUNDS
FUNDS
ESTIMATED REVENUES:
$1,799,100
$482,750
$7,925,000
$0
$0
Federal Sources
$11,610,879
$0
$476,615
$0
$0
State Sources
5,835,496
500,000
4,886,009
0
0
Local Sources
16,940,376
0
27,958,750
1,179,000
2,521,000
Ad Valorem Taxes
0
0
0
0
0
Non -Ad Valorem Assessments
533,371
0
0
0
0
User Fees
0
0
0
55,556,150
43,753,680
Sub -Total
34,920,122
500,000
33,321,374
56,735,150
46,274,680
Less 5% per F. S. 129.01(2)(b)
(1,357,057)
(25,000)
(1,666,069)
(2,836,558)
(409,209)
Net
33,563,065
475,000
31,655,305
53,898,592
45,865,471
Interfund Transfers
286,247
0
154,188
242,941
48,250
Cash Forward -October 1, 2023
10,667,957
25,000
20,701,986
15,210,436
4,579,122
TOTAL ESTIMATED REVENUES
AND BALANCES
$44,517,269
$500,000
$52,511,479
$69,351,969
$50,492,843
EXPENDITURES/EXPENSES :
General Government
$1,799,100
$482,750
$7,925,000
$0
$0
Public Safety
2,820,189
0
9,102,993
6,149,982
0
Physical Environment
50,000
0
7,430,070
54,870,819
0
Transportation
17,790,278
0
23,234,228
0
0
Economic Environment
0
0
0
0
0
Human Services
6,521,021
0
0
0
0
Internal Services
0
0
0
0
50,324,934
Culture/Recreation
14,591,966
0
4,665,000
3,987,277
0
Court Related Costs
425,187
0
0
0
0
Interfund Transfers
0
0
154,188
0
0
TOTAL EXPENDITURES/EXPENSES
43,997,741
482,750
52,511,479
65,008,078
50,324,934
Reserve for Contingencies
518,944
0
0
897,507
167,909
Cash Forward -September 30, 2024
584
17,250
0
3,446,384
0
TOTAL APPROPRIATED
EXPENDITURES AND RESERVES $44,517,269 $500,000
EXHIBIT "A"
$52,511,479 $69,351,969 $50,492,843