Staff presents three supplemental budgets per year to the Board. The third supplemental budget is for the purpose of making year-end adjustments to various revenues and appropriations.
THE OFFICE OF MANAGEMENT AND BUDGET RECOMMENDS APPROVAL OF THE FOLLOWING YEAR-END ACTIONS WITHIN THE SPECIAL PURPOSE FUNDS:
BROWARD CULTURAL AFFAIRS FUND - $0 - Funds are reallocated from reserve ($107,960) and appropriated to cover prior year expenses with no overall increase in the total appropriations of the fund.
PAY TELEPHONE TRUST FUND - $0 - Additional funds are transferred from the General Fund ($450,550) to offset the projected deficit in pay telephone revenues with no decrease in appropriations.
ASSETS FOR INDEPENDENCE - $750 - Additional revenues are appropriated to cover projected program related expenses.
COMMUNITY CARE FOR THE ELDERLY - $0 - Additional revenues are appropriated ($89,100) enabling a reduction in the amount of funds to be transferred from the General Fund with no change in appropriations.
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