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R21-059 1 RESOLUTION R21-059 2 3 A RESOLUTION OF THE CITY OF BOYNTON BEACH, FLORIDA, 4 AMENDING THE FY 2020-21 BUDGET, TO ADJUST 5 BUDGETED APPROPRIATIONS AND REVENUE SOURCES 6 AND PROVIDE SPENDING AUTHORITY FOR THE CAPITAL 7 IMPROVEMENT FUND (302) FOR VARIOUS 8 STREETSCAPE/LIGHTING IMPROVEMENTS WITHIN THE 9 CRA DISTRICT;PROVIDING FOR SEVERABILITY,CONFLICTS, 10 AND AN EFFECTIVE DATE. 11 12 13 14 WHEREAS,a final budget was approved by the City Commission in September,2020,for the 15 fiscal year 2020-2021;and 16 WHEREAS,as such the FY 2020-21 Adopted Budget Capital Improvement Fund(302) 17 will need to be amended by $445,561.00 to cover the costs incurred as part of these projects; 18 and 19 WHEREAS, accordingly staff is requesting Commission approval to amend the FY 20 2020-21 budget as noted specifically on Exhibit A. 21 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE 22 CITY OF BOYNTON BEACH,FLORIDA: 23 Section 1. The foregoing "Whereas" clauses are hereby ratified and confirmed as being 24 true and correct and are hereby made a specific part of this Resolution upon adoption hereof. 25 Section 2. Hereby amending the appropriated FY 2020-2021 budget as noted the Capital 26 Improvement Funds(see Exhibit A)pursuant to the terms of the budget for the fiscal year beginning 27 October 1,2020 and ending September 30,2021. 28 Section 3. This Resolution shall become effective immediately upon passage. 29 1 S:\CA\RESO\Budget\2020-2021 Budget\FY20-21 CIP Budget Amendment Resolution-(June 15,2021).Docx 30 PASSED AND ADOPTED this 15th day of June,2021. 31 CITY OF BOYNTON BEACH,FLORIDA 32 33 YES NO 34 35 Mayor—Steven B. Grant t/ 36 37 Vice Mayor—Woodrow L. Hay 1/ 38 39 Commissioner—Justin Katz 40 41 Commissioner—Christina L. Romelus 42 43 Commissioner—Ty Penserga 44 45 46 VOTE 47 ATTEST: 48 49 ` 50 51 Ci al Gibson, MM 52 City Clerk 53 54 55 (Corporate Seal) • . u. 2 S:\CA\RESO\Budget\2020-2021 Budget\FY20-21 CIP Budget Amendment Resolution-(June 15,2021).Docx CITY OF BOYNTON BEACH Exhibit A EXPENDITURE&REVENUE AMENDMENTS BUDGET YEAR 2020-21 2020/21 CITY MANAGER 2020/21 REVISED Budget Adjustment AMENDED BUDGET Revenue Expenditures BUDGET General Fund(302) 302-0000-369.22-00 OTHER MISC.REVENUE/CRA REIMBURSEMENT 737,000 445,561 1,182,561 Adopted Fund Total Revenues 4,113,005 445,561 4,558,566 302-4905-580.63-07 CRA IMPROVEMENTS 57,027 445,561 502,588 Adopted Fund Total Expenses 4,113,005 445,561 4,558,566