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HomeMy WebLinkAbout2024-054RESOLUTION NO. 2024- 054 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 GENERAL OBLIGATION LAND ACQUISITION BOND ISSUE — 2024 REFERENDUM. 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 General Obligation Land Acquisition Bond Issue — 2024 Referendum 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 General Obligation Land Acquisition Bond Issue — 2024 Referendum. The resolution was moved for adoption by Commissioner Laura Moss , and the motion was seconded by Commissioner Deryl Loar and, upon being put to a vote, the vote was as follows: Chairman Susan Adams ABSENT Vice Chairman Joseph E. Flescher 7YE-- Commissioner Deryl Loar 7YF-- Commissioner Joseph H. Earman AYE Commissioner Laura Moss AYE The Chairman thereupon declared the resolution duly passed and adopted thjs•-Ith.day of September, 2024. Attest: Ryan L. Butler Clerk of Court and Comptroller Deputy Clerk Attachment: EXHIBIT "A" BOARD OF COUNTY COMMI INDIAN RIVER COUNTY, I. M Joseph E. Flescf Vice Chairman BUDGET SUMMARY INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS FISCAL YEAR 2024/2025 ESTIMATED REVENUES: Federal Sources State Sources Local Sources Ad Valorem Taxes Non -Ad Valorem Assessments User Fees Sub -Total Less 5% per F. S. 129.01(2)(b) Net Interfund Transfers Cash Forward -October 1, 2024 TOTAL ESTIMATED REVENUES AND BALANCES EXPENDITURES/EXPENSES: General Government Public Safety Physical Environment Transportation Economic Environment Human Services Internal Services Culture/Recreation Court Related Costs Interfund Transfers TOTAL EXPENDITURES/EXPENSES Reserve for Contingencies Cash Forward -September 30, 2025 TOTAL APPROPRIATED EXPENDITURES AND RESERVES 2024 LAND ACQUISITION BONDS $0 0 0 1,871,676 0 0 1,871,676 (93,584) 1,778,092 0 0 $1,778,092 $1,778,092 0 0 0 0 0 0 0 0 0 1,778,092 0 0 $1,778,092 EXHIBIT "A"