HomeMy WebLinkAboutR-2010-166 Chapter 175 & 185 Revenue RESOLUTION NO. 2010-166
A RESOLUTION OF THE CITY OF DANIA BEACH, FLORIDA,
PROVIDING FOR APPROPRIATION OF FUNDS FOR FISCAL YEAR 2009-
2010; 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 2009-2010 in September, 2009; and
WHEREAS, the City will receive a distribution of Florida Statutes, Chapters 175 and
185 premium tax in the amount of $236,707.31 and $184,452.75 respectively 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;
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 as follows:
Increase of Revenues:
001-0000-312-51-00 Fire Insurance Premium $236,707.31
001-0000-312-52-00 Police Insurance Premium $184,452.75
Increase of Expenditures:
001-2201-522-22-11 Retirement Contributions Ch 175 $236,707.31
001-2100-521-22-11 Retirement Contributions Ch 185 $184,452.75
Section 2. That all resolutions or parts of resolutions in conflict with this Resolution
are repealed to the extent of such conflict.
Section 3. That this Resolution shall be in force and take effect immediately upon its
passage and adoption
PASSED AND ADOPTED on September 28, 2010.
C. K. McE YE
ARD s F► YOR-COMMISSIONER.
ATTEST:
LOUISE STILSON, CMC
CITY CLERK ,
cR
APPROVED AS TO F CORRECTNESS:
�v 1
BY:
THO AS . AN B
CITY A ORNEY
2 RESOLUTION#2010-166