Loading...
HomeMy WebLinkAbout2025-053RESOLUTION NO. 2025- 053 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 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 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 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 2025-2026 for the General Obligation Land Acquisition Bond Issue — 2024 Referendum. The resolution was moved for adoption by Commissioner JoseFh H. Farmn and the motion was seconded by Commissioner Joseph E. F-eschex , and, upon being put to a vote, the vote was as follows: Chairman Joseph E. Flescher AYE Vice Chairman Deryl Loar AYL Commissioner Susan Adams AB= Commissioner Joseph H. Earman AYE Commissioner Laura Moss AYE The Chairman thereupon declared the resolution duly passed and adopted this 17th day of September, 2025. Attest: Ryan L. Butler Clerk of Court and Comptroller By/�"� Deputy Clerk Attachment: EXHIBIT "A" BOARD OF COUNTY COMMI_S$PNEf�f; INDIAN RIVERCOUNTY;iIK 1 1 By Joseph E. r' ChairmaM9' BUDGET SUMMARY INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS FISCAL YEAR 2025/2026 TOTAL ESTIMATED REVENUES AND BALANCES $1,843,432 EXPENDITURES/EXPENSES: 2024 LAND General Government ACQUISITION Public Safety BONDS ESTIMATED REVENUES: 0 Federal Sources $0 State Sources 0 Local Sources 0 Ad Valorem Taxes 1,940,455 Non -Ad Valorem Assessments 0 User Fees 0 Sub -Total 1,940,455 Less 5% per F. S. 129.01(2)(b) (97,023) Net 1,843,432 Interfund Transfers 0 Cash Forward -October 1, 2025 0 TOTAL ESTIMATED REVENUES AND BALANCES $1,843,432 EXPENDITURES/EXPENSES: General Government $1,843,432 Public Safety 0 Physical Environment 0 Transportation 0 Economic Environment 0 Human Services 0 Internal Services 0 Culture/Recreation 0 Court Related Costs 0 Interfund Transfers 0 TOTAL EXPENDITURES/EXPENSES Reserve for Contingencies Cash Forward -September 30, 2026 TOTAL APPROPRIATED EXPENDITURES AND RESERVES 1,843,432 0 0 $1,843,432 EXHIBIT "A"