Loading...
HomeMy WebLinkAbout2025-046RESOLUTION NO. 2025- 046 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 2025-2026 AND ADOPTING A FINAL BUDGET FOR THE GENERAL 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 2025-2026 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 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 2025-2026 for the General Fund. The resolution was moved for adoption by Commissioner Joseph H. Fammz , and the motion was seconded by Commissioner Joseph E. F-escher and, upon being put to a vote, the vote was as follows: Chairman Joseph E. Flescher AYE Vice Chairman Deryl Loar AYE Commissioner Susan Adams ABSENT Commissioner Joseph H. Earman AYE Commissioner Laura Moss AYE The Chairman thereupon declared the resolution duly passed anc+°06t'.t1t,17th day of September, 2025. BOARD OF COUNTYCi9 MIS�l MRS INDIAN RIVER C-OUNTY#,LG1, AAS Attest: Ryan L. Butler Z Clerk of Court and Comptroller = $ By By\..� Joseph E. Flescher Deputy Clerk Chairman Attachment: EXHIBIT "A" BUDGET SUMMARY INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS FISCAL YEAR 2025/2026 TOTAL ESTIMATED REVENUES AND BALANCES $156,981,193 EXPENDITURES/EXPENSES: GENERAL General Government FUND ESTIMATED REVENUES: 87,122,168 Federal Sources $35,000 State Sources 2,334,990 Local Sources 13,760,885 Ad Valorem Taxes 112,887,808 Non -Ad Valorem Assessments 0 User Fees 0 Sub -Total 129,018,683 Less 5% per F. S. 129.01(2)(b) (6,450,934) Net 122,567,749 Interfund Transfers 33,341,127 Cash Forward -October 1, 2025 1,072,317 TOTAL ESTIMATED REVENUES AND BALANCES $156,981,193 EXPENDITURES/EXPENSES: General Government $31,424,005 Public Safety 87,122,168 Physical Environment 1,011,868 Transportation 1,613,864 Economic Environment 735,556 Human Services 9,456,696 Internal Services 0 Culture/Recreation 10,923,845 Court Related Costs 1,669,448 Interfund Transfers 11,294,308 TOTAL EXPENDITURES/EXPENSES 155,251,758 Reserve for Contingencies 1,729,435 Cash Forward -September 30, 2026 0 TOTAL APPROPRIATED EXPENDITURES AND RESERVES 156,981,193 EXHIBIT "A"