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HomeMy WebLinkAbout2025-049RESOLUTION NO. 2025-C49 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 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 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: 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 2025-2026 for the Transportation Fund. The resolution was moved for adoption by Commissioner Laura Nbss , and the motion was seconded by Commissioner DMl Loar 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 AYF. Commissioner Laura Moss AYE The Chairman thereupon declared the resolution duly passed ar3d a&0f4stiifNs 17th day of September, 2025. ' BOARD OF COUNTY C ION -RS INDIAN RIVER iyQUNT `:' ID,° Attest: Ryan L. Butler tr Clerk of Court and Comptroller `' ; •,° ByL-�- �'"� Joseph E. FIesCYle� Deputy Clerk Chairman Attachment: EXHIBIT "A" BUDGET SUMMARY INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS FISCAL YEAR 2025/2026 TOTAL ESTIMATED REVENUES AND BALANCES $27,075,755 EXPENDITURES/EXPENSES: TRANSPORTATION General Government FUND ESTIMATED REVENUES: 0 Federal Sources $0 State Sources 3,191,000 Local Sources 1,961,000 Ad Valorem Taxes 0 Non -Ad Valorem Assessments 5,000 User Fees 0 Sub -Total 5,157,000 Less 5% per F. S. 129.01(2)(b) (245,350) Net 4,911,650 Interfund Transfers 20,858,145 Cash Forward -October 1, 2025 1,305,960 TOTAL ESTIMATED REVENUES AND BALANCES $27,075,755 EXPENDITURES/EXPENSES: General Government $997,323 Public Safety 0 Physical Environment 1,864,636 Transportation 23,188,510 Economic Environment 0 Human Services 0 Internal Services 0 Culture/Recreation 0 Court Related Costs 0 Interfund Transfers 191,342 TOTAL EXPENDITURES/EXPENSES 26,241,811 Reserve for Contingencies 833,944 Cash Forward -September 30, 2026 0 TOTAL APPROPRIATED EXPENDITURES AND RESERVES $27,075,755 EXHIBIT "A"