Loading...
HomeMy WebLinkAboutR-2024-025 Mid Year Budget Amendment ARPA FundingRESOLUTION NO. 2024-()Z5 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA, PROVIDING FOR AN AMENDED BUDGET APPROPRIATION FOR FISCAL YEAR 2023-2024 IN THE WATER UTILITY FUND AND SEWER UTILITY FUND; PROVIDING FOR CONFLICTS ; FURTHER, PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Commission adopted Resolution No. 2023-114 providing for the adoption of the Fiscal Y ear 2023-24 annual budget for the Water Utility Fund and Sewer Utility Fund ;and WHEREAS, on January 23, 2024, the City Commission authorized an amendment to the American Rescue Plan Act-State and Local Fiscal Recovery Fund (ARPA-SLFRF) projects and expenditures plan, to include funding for an Advanced Metering Infrastructure (AMI) water meter system and the rehabilitation of one (1) Sewer Utility Lift Station; and WHEREAS , the City Administration recommends that the City Commission approve a mid-year budget amendment to provide funding for the Projects; and WHEREAS, in accordance with Florida Statutes 166.241, a public hearing has been publicly noticed and conducted prior to consideration of the proposed budget amendment. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA: Section 1. That the above "Whereas" clauses are true and co1Tect, and they are made a part of and incorporated into this Resolution by this reference. Section 2. That all resolutions or parts of resolutions in conflict with this Reso lution are repealed to the extent of such conflict. Section 3. That the cost for the Water and Sewer Projects will be funded by a transfer from the ARPA-SLFRF Fund 150 to the Water Utility Fund 401 and Sewer Utility Fund 402. Section 4. That upon adoption of this Resolution, the budget amendment detailed in "Exhibit A," which has been made a part of and incorporated into this Resolution by this reference, will be posted increasing total appropriations in the Water Utility Fund by $750,000.00 and in the Sewer Utility Fund by $4,150,000 .00 . Section 5. That this Resolution shall become effective within ten (10) days of its passage and adoption. PASSED AND ADOPTED on tv\ClflX) \'2,.. , 2024. Motion by C'iJrnm ilim es 'second by Cb rnro . Tb.v,c.;: FINAL VOTE ON ADOPTION: Commissioner Joyce L. Davis Commissioner Tamara James Commissioner Marco Salvino Vice Mayor Lori Lewellen Mayor Archibald J. Ryan IV ATIE~ ELORA~ CITY CLERK APPROVED AS TO FORM AND CORRECTNESS: /2_:_ 2 ARCHIB MAYOR RESOLUTION #2024-0 z 5' Exhibit A Mid-Year Budget Amendment Detail ARP A-SLFRF Fund (150) Sources Appropriated Fund Balance Total Appropriations Uses Transfer to Water Utility Fund Transfer to Sewer Utility Fund Total Expenditures Water Utility Fund {401) Sources Transfer From ARP A-SLFRF Fund Total Appropriations Uses + $ 4,900,000.00 + $ 4,900,000.00 + $ 750,000.00 + $ 4,150,000.00 + $ 4,900,000.00 + $ 750,000.00 + $ 750,000.00 ...,_W'--'a=te""r_,F'--"un=d~A~c=c=oc.e:un~t=in~g=---__,,C=a""'p.!.!:it~al'""'In=..:...v""es"""tm=en=t"-------'--+...,.$'--_,_7-"'5=0,_,,, 0=0=0.:.oe. 0=-0 ( AMI System -5 0%) Total Expenditures + $ 750,000.00 Sewer Utility Fund {402) Sources Transfer From ARP A-SLFRF Fund Total Appropriations Uses Sewer Fund Accounting -Capital Investment Sewer Fund Collection -Capital Investment Total Expenditures 3 + $ 4,150,000.00 + $ 4,150,000.00 + $ 750,000.00 (AMI System -50 %) + $ 3,400,000.00 (Lift Station) + $ 4,150,000.00 RESOLU TION #2024-025"