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HomeMy WebLinkAbout2015-113RESOLUTION NO. 2015- 113 A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, ADOPTING A FINAL BUDGET FOR FISCAL YEAR 2015-2016 FOR CERTAIN NONTAXING FUNDS OF INDIAN RIVER COUNTY. WHEREAS, the Board of County Commissioners of Indian River County has held the necessary budget hearings as provided by Florida law, has considered all expenditures set forth in the budgets, and now determines that adoption of the budgets is in the best interest of the citizens of Indian River County; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that the Board of County Commissioners hereby adopts the budgets set forth for the following funds: Other Special Revenue Funds $ 20,869,607 Other Debt Service Fund $ 988,000 Capital Projects $ 18,590,679 Enterprise Funds $ 45,098,027 Internal Service Funds $ 26,136,881 The resolution was moved for adoption by Commissioner Solari , and the motion was seconded by Commissioner 7.0rr , and, upon being put to a vote, the vote was as follows: Chairman Wesley S. Davis AVF Vice Chairman Bob Solari AVF Commissioner Joseph E. Flescher AYF Commissioner Peter D. O'Bryan AYF Commissioner Tim Zorc AVF The Chairman thereupon declared the resolution duly passed and adopted this 17th day of September, 2015. BOARD OF COUNTY COMMISSIONERS INDIAN VER COUNTY, FLORIDA Attest: Jeffre Smith .•••pniMiss�' le ourt and troller ,•��y�;•' By •• J• �1 � `� , By Wesley S. Davis puty Cler Chairman a*' APPROVED A8 TO F&W, C co - AND LEGAL SUFFICIENIC ' BY Attachment: EXHIBIT "A„ YLAN REINGOLD COUNTY ATTORNEY BUDGET SUMMARY INDIAN RIVER COUNTY BOARD OF COUNY COMMISSIONERS FISCAL YEAR 2015/2016 EXHIBIT "A" OTHER OTHER SPECIAL DEBT INTERNAL REVENUE SERVICE CAPITAL ENTERPRISE SERVICE FUNDS FUND PROJECTS FUNDS FUNDS ESTIMATED REVENUES: Federal Sources 3,180,990 0 0 0 0 State Sources 1,539,135 500,000 125,000 0 0 Local Sources 8,685,394 540,000 15,022,976 62,000 190,000 Ad Valorem Taxes 0 0 0 0 0 Non -Ad Valorem Assessments 530,579 0 0 0 0 User Fees 0 0 0 36,461,000 23,897,386 Sub -Total 13,936,098 1,040,000 15,147,976 36,523,000 24,087,386 Less 5% per F. S. 129.01(2)(b) (468,708) (52,000) (751,149) (1,826,150) (229,750) Net 13,467,390 988,000 14,396,827 34,696,850 23,857,636 Interfund Transfers 123,947 0 125,000 82,667 63,676 Cash Forward -October 1, 2015 7,278,270 0 4,068,852 10,318,510 2,215,569 TOTAL ESTIMATED REVENUES AND BALANCES 20,869,607 988,000 18,590,679 45,098,027 26,136,881 EXPENDITURES/EXPENSES: General Government 935,788 988,000 789,129 0 0 Public Safety 928,900 0 880,000 2,414,132 0 Physical Environment 95,000 0 1,491,079 38,705,666 0 Transportation 11,290,668 0 7,973,873 0 0 Economic Environment 0 0 0 0 0 Human Services 3,519,573 0 0 0 0 Internal Services 0 0 0 0 26,101,222 Culture/Recreation 3,136,119 0 4,720,000 2,706,642 0 Court Related Costs 688,550 0 0 0 0 Interfund Transfers 0 0 125,000 0 0 TOTAL EXPENDITURES/EXPENSES 20,594,598 988,000 15,979,081 43,826,440 26,101,222 Reserve for Contingencies 32,107 0 0 242,256 35,659 Cash Forward -September 30, 2016 242,902 0 2,611,598 1,029,331 0 TOTAL APPROPRIATED EXPENDITURES AND RESERVES 20,869,607 988,000 18,590,679 45,098,027 26,136,881 EXHIBIT "A"