HomeMy WebLinkAboutR-2008-169 Budget FY 2007-2008 Amendment RESOLUTION NO. 2008-169
A RESOLUTION OF THE CITY OF DANIA BEACH, FLORIDA, PROVIDING
FOR APPROPRIATION OF FUNDS FOR FISCAL YEAR 2007-2008;
PROVIDING FOR CONFLICTS; FURTHER, PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, the City Commission of the City of Dania Beach approved a budget for
fiscal year 2007-2008 in September, 2007; and
WHEREAS, the City received a distribution of Florida Statutes, Chapters 175 and 185
premium tax in the amount of$360,796.07 on August 27, 2008, which is to be deposited to the
Police and Fire Pension Fund; and
WHEREAS, according to GASB Statement 24, these amounts have to be recognized in
the General Fund financial statements; and
WHEREAS, consultant and legal services for airport related issues have exceeded the
original budget, necessitating an appropriation of funds;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF DANIA BEACH, FLORIDA:
Section 1. That the Director of Finance is authorized to amend the budget
accordingly in the General Fund for the distribution of the Florida Statutes, Chapters 175 and 185
premium tax.
Section 2. That the Director of Finance is authorized to appropriate $163,400 from
the designated fund balance for "airport litigation" to the Legal Department budget to cover
additional costs incurred related to airport legal issues.
Section 3. That all resolutions or parts of resolutions in conflict with this Resolution
are repealed to the extent of such conflict.
Section 4. That this Resolution shall be in force and take effect immediately upon its
passage and adoption.
PASSED AND ADOPTED on September 23, 2008.
ALBERT C. JONES
pWARD,S F MAYOR-COMMISSIO R
ATTEST: eR Psr
^ �.
LOUISE STILSON, CMC
CITY CLERK
&" xa o 1 `
APPROVED AS TO F AND CORRECTNESS:
BY:
T A J. AN B
CITY A TORN Y
2 RESOLUTION #2008-169