HomeMy WebLinkAbout2024-050RESOLUTION NO. 2024- 050
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 2024-2025 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 2024-2025, 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 2024-2025 for the
Transportation Fund.
The resolution was moved for adoption by Commissioner Deryl Loar , and the
motion was seconded by Commissioner Joseph E. Flescher and, upon being put to a vote,
the vote was as follows:
Chairman Susan Adams
ABSENT
Vice Chairman Joseph E. Flescher
AYE--
YECommissioner
CommissionerDeryl Loar
AYE
Commissioner Joseph H. Earman
AYE
Commissioner Laura Moss
AYE
The Chairman thereupon declared the resolution duly passed and adopted this 18th day
of September, 2024.
BOARD OF COUNTY COMM I&5iONVE�V ss
INDIAN RIVER COUNTY, FLORIDA
Attest: Ryan L. Butler`'' Cn
Clerk of Court and Comptroller
j,Q By ,� c
Joseph lescher
Deputy Clerk Vice Chairman
APPROVED &S TO FORM
Attachment: EXHIBIT "A" AND LEGAL U ENCY
BY
,ROSAK J. PRADO
DE TY COUNTY ATTORNEY
BUDGET SUMMARY
INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS
FISCAL YEAR 2024/2025
TOTAL ESTIMATED REVENUES
AND BALANCES $25,881,721
EXPENDITURES/EXPENSES:
TRANSPORTATION
General Government
FUND
ESTIMATED REVENUES:
0
Federal Sources
$0
State Sources
3,210,000
Local Sources
1,531,500
Ad Valorem Taxes
0
Non -Ad Valorem Assessments
10,000
User Fees
0
Sub -Total
4,751,500
Less 5% per F. S. 129.01(2)(b)
(225,075)
Net
4,526,425
Interfund Transfers
20,049,336
Cash Forward -October 1, 2024
1,305,960
TOTAL ESTIMATED REVENUES
AND BALANCES $25,881,721
EXPENDITURES/EXPENSES:
0
General Government
$755,775
Public Safety
0
Physical Environment
1,802,106
Transportation
21,810,283
Economic Environment
0
Human Services
0
Internal Services
0
Culture/Recreation
0
Court Related Costs
0
Interfund Transfers
291,029
TOTAL EXPENDITURES/EXPENSES
24,659,193
Reserve for Contingencies
1,222,528
Cash Forward -September 30, 2025
0
TOTAL APPROPRIATED
EXPENDITURES AND RESERVES $25,881,721
EXHIBIT "A"