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HomeMy WebLinkAboutResolution No. 2017-29 RESOLUTION NO. 2017-29 A RESOLUTION OF THE CITY OF CAPE CANAVERAL, BREYARD COUNTY, FLORIDA; READOPTING AND RATIFYING THE FINAL BUDGET FOR THE ANNUAL GENERAL FUND, WASTEWATER ENTERPRISE FUND, STORMWATER ENTERPRISE FUND, ENTERPRISE CAPITAL FUND, SPECIAL REVENUE FUNDS, CAPITAL PROJECT FUNDS AND AGENCY FUND BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2017 AND ENDING SEPTEMBER 30, 2018; IN ACCORDANCE WITH SECTION 5.06 OF THE CITY CHARTER, ADOPTING A REVISED BUDGET SUMMARY (ATTACHMENT 1) TO ORDINANCE NO. 14-2017 TO AUTHORIZE SUPPLEMENTAL APPROPRIATIONS BY ADDING AN ADDITIONAL $32,498 IN REVENUES AND RELATED EXPENSES TO THE GENERAL FUND AND AN ADDITIONAL $484 IN REVENUES AND RELATED EXPENSES TO THE LIBRARY FUND; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, after the City adopted Ordinance No. 14-2017 approving the City's final budget for the Fiscal Year beginning October 1,2017 and ending September 30,2018 at a publicly advertised hearing on September 19, 2017, the City was advised by the Florida Department of Revenue that the City's legal advertisement for the September 19, 2017 public hearing contained an error that requires the City to correct the advertisement,re-advertise and conduct another public hearing for purposes of readopting the City's final budget; and WHEREAS, Section 5.04 of the City Charter provides that the City Council shall adopt the budget consistent with the requirements and procedures of Florida law; and WHEREAS, Section 200.065, Florida Statutes allows a municipality to adopt its annual budget by ordinance or resolution; and WHEREAS,on September 5,2017,the City Council conducted a tentative budget hearing for the Fiscal Year beginning October 1, 2017 and ending September 30, 2018 and adopted a tentative budget; and City of Cape Canaveral,Florida Resolution No.2017-29 Page 1 of 4 WHEREAS, the City Council previously adopted a resolution establishing the final millage rate to fund the annual budget for the Fiscal Year beginning October 1, 2017 and ending September 30, 2018; and WHEREAS,on September 19, 2017, the City Council previously adopted Ordinance No. 14-2017 (including the Budget Summary attached as Attachment #1) adopting a final budget for the Fiscal Year beginning October 1, 2017 and ending September 30,2018; and WHEREAS, with respect to the final budget, the City must re-advertise a revised budget summary which includes additional revenue appropriations of$32,498 for the General Fund and $484 for the Library Fund. These additional revenues were not included in the revenues previously budgeted and stated in the advertised budget summary attached as Attachment 1 to Ordinance No. 14-2017; and WHEREAS,in furtherance of the Florida Department of Revenue's request,the City has re-advertised the correct 2017/2018 Fiscal Year Budget Summary for an additional public hearing; and WHEREAS, the City Council hereby desires to conduct an additional public hearing on the City's final budget for the Fiscal Year beginning October 1, 2017 and ending September 30, 2018 and readopt and ratifyits final budget,bythis Resolution,with the inclusion of the additional p g revenues stated above for the General Fund and Library Fund; and WHEREAS, additionally, Section 5.06 of the City Charter authorizes the City Council to adopt a resolution during or before the fiscal year to make supplemental appropriations for any budget year when the City Manager certifies that additional revenues exist which must be budgeted than what was estimated in the previously adopted budget; and City of Cape Canaveral,Florida Resolution No.2017-29 Page 2 of 4 WHEREAS,the City Manager has certified to the City Council that due to an error in the Budget Summary attached as Attachment 1 to Ordinance No. 14-2017 and previously advertised and adopted by the City Council, an additional $32,982 in revenues (and related expenditures to balance the budget) should be appropriated in the current budget for the reasons explained above; and WHEREAS,this Resolution is in the best interests of the public health, safety and welfare of the citizens and businesses of the City of Cape Canaveral, Florida. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Cape Canaveral, Brevard County, Florida, as follows: Section 1. The intent and purpose of this Resolution is to readopt and ratify a final budget for the Fiscal Year beginning October 1, 2017, and ending September 30, 2018, based on a new 2017-2018 Budget Summary which includes supplemental appropriations of additional revenues and related expenses to the General Fund in the amount of$32,498 and to the Library Fund in the amount of$484. The new 2017-2018 Budget Summary is attached hereto and fully incorporated herein as Attachment 1. Pursuant to Section 5.06(a) of the City Charter, the revised Attachment 1 attached to this Resolution shall also constitute a supplemental appropriation and replace, in its entirety, the previous version of Attachment 1 adopted by Ordinance No. 14-2017. Section 2. The Annual General Fund, Wastewater Enterprise Fund, Stormwater Enterprise Fund, Enterprise Capital Fund, Special Revenue Funds, Capital Project Funds and Agency Fund Budgets, as more specifically set forth in the attached Attachment#1, for the Fiscal Year beginning October 1, 2017, and ending September 30, 2018, are hereby approved and adopted and shall constitute the City's final budget for the Fiscal Year beginning October 1,2017, and ending September 30, 2018. City of Cape Canaveral,Florida Resolution No.2017-29 Page 3 of 4 Section 3. The City Council hereby approves and ratifies the tentative and final budgets adopted by Ordinance No. 14-2017 for Fiscal Year beginning October 1,2017, and ending September 30, 2018, as amended by this Resolution. Section 4. This Resolution shall become effective immediately upon its adoption. ADOPTED BY the City Council of the City of Cape Canaveral, Brevard County, Florida, this 17th day of October, 2017. Bob Hoog, Mayor ATTEST: Name For Against Mia Goforth, CMC, Mike Brown x City Clerk Bob Hoog x Brendan McMillin Second Rocky Randels Motion Betty Walsh x Approved as to Form: Anthony A. Garganese, City Attorney City of Cape Canaveral,Florida Resolution No.2017-29 Page 4 of 4 Resoluton No. 2017-29 Attachment#1 City of Cape Canaveral Fiscal Year 2017-2018 Budget Summary Revenues Expenditures General Fund: $ 12,466,697 $ 12,466,697 Enterprise Funds: Wastewater Enterprise Fund 5,770,915 5,770,915 Stormwater Enterprise Fund 852,204 852,204 Enterprise Capital Fund 2,989,800 2,989,800 Capital Project Funds: Capital Construction Fund - - North Atlantic Ave. Improvement Fund - - Special Revenue Funds: Police Education Fund 1,044 1,044 Aerial Fire Protection Fund 132 132 School Crossing Guard Fund 2,385 2,385 Library Fund 73,457 73,457 CC Community Redevelopment Agency Fund 1,158,731 1,158,731 Agency Fund: Law Enforcement Trust Fund 2,682 2,682 Total Fiscal Year 2017/2018 Budget $ 23,318,047 $ 23,318,047