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HomeMy WebLinkAbout2025-048RESOLUTION NO. 2025- O48 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 INDIAN RIVER COUNTY GENERAL PURPOSE MUNICIPAL SERVICE TAXING UNIT. 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 Purpose Municipal Service Taxing Unit 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 Purpose Municipal Service Taxing Unit. The resolution was moved for adoption by Commissioner til Loar , and the motion was seconded by Commissioner .Toseph E. Flescher , 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 .COd1 The Chairman thereupon declared the resolution duly passed,A4ti t& of September, 2025. BOARD OF COUNTY 3 INDIAN RIVERUN Attest: Ryan L. Butler Clerk of Court and Comptroller Deputy Clerk /_VMITI iiOWNMEIl:3rrIIt1Y 3 Kph E. Flei Chairman 17th day —WRI - M� BUDGET SUMMARY INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS FISCAL YEAR 2025/2026 TOTAL ESTIMATED REVENUES AND BALANCES $56,348,983 EXPENDITURES/EXPENSES: MUNICIPAL General Government SERVICE Public Safety TAXING UNIT ESTIMATED REVENUES: 584,617 Federal Sources $0 State Sources 18,405,004 Local Sources 17,830,856 Ad Valorem Taxes 20,425,576 Non -Ad Valorem Assessments 0 User Fees 0 Sub -Total 56,661,436 Less 5% per F. S. 129.01(2)(b) (2,833,072) Net 53, 828, 364 Interfund Transfers 0 Cash Forward -October 1, 2025 2,520,619 TOTAL ESTIMATED REVENUES AND BALANCES $56,348,983 EXPENDITURES/EXPENSES: General Government $3,465,950 Public Safety 807,389 Physical Environment 584,617 Transportation 624,889 Economic Environment 0 Human Services 0 Internal Services 0 Culture/Recreation 7,062,315 Court Related Costs 0 Interfund Transfers 43,123,597 TOTAL EXPENDITURES/EXPENSES 55,668,757 Reserve for Contingencies 680,226 Cash Forward -September 30, 2026 0 TOTAL APPROPRIATED EXPENDITURES AND RESERVES $56,348,983 EXHIBIT "A"