Broward County Commission Regular Meeting


Print

Return to the Search Page Return to the Agenda
AI-26276 58.       
Meeting Date: 04/10/2018  
Director's Name: Norman Foster Submitted By: Management & Budget
Department: Management & Budget  

Information
Requested Action
MOTION TO ADOPT supplemental budget Resolution Nos. 2018-188 through 2018-191 within the Trust Funds in the amount of $817,000 to adjust fund balances and to appropriate funds to reserves and other commitments.

ACTION:  (T-3:08 PM)  Approved.  (Refer to minutes for full discussion.)
 
VOTE: 9-0.
Why Action is Necessary
Supplemental budgets are required whenever existing revenue sources are increased or decreased, resulting in a change in the total appropriations of a fund.
What Action Accomplishes
The primary purpose of this supplemental budget is to adjust the budgeted fund balance in order to correspond to the audited fund balance for each fund. This budget amendment also includes a number of proposed appropriations to address issues that have arisen since the adoption of the Fiscal Year 2017 budget.
Is this Action Goal Related
Previous Action Taken
None.
Summary Explanation/Background
Staff presents three supplemental budgets per year to the Board. The purpose of the second supplemental budget is primarily to adjust the budgeted fund balance to correspond to the audited amounts. This budget amendment also includes a number of proposed new appropriations which are highlighted individually below.

DRIVER EDUCATION SAFETY TRUST FUND (10600) - <$3,000> - Budgeted fund balance is adjusted and budgeted payments to the School Board are reduced based on the audited fund balance.

ANIMAL CARE TRUST FUND (10605) - $804,000 - This fund is comprised of four components; an Animal Care Sterilization Trust Fund, an Adoption Trust Fund, an Animal Care General Trust Fund, and a Victims Trust Fund. Budgeted fund balance is reduced for the Animal Care Adoption Trust Fund <$74,143> and the reserve is reduced accordingly. The additional fund balance for the Victim's Trust is adjusted and appropriated to reserves ($389,533) and for medical professional services ($100,000). The additional fund balance for the Sterilization Trust Fund ($388,610) is appropriated for additional Fiscal Year 2018 sterilizations. 

POLLUTION RECOVERY TRUST FUND (10610) - $0 - Budgeted fund balance is reduced <$65,000> and is offset by funds transferred from the Beach Capital Fund ($65,000), which were originally budgeted to be transferred in Fiscal Year 2018.  

IMPACT FEE SURCHARGE TRUST FUND (10620) - $16,000 - Fund balance is adjusted and appropriated to reserves.
Source of Additional Information
Norman Foster, Director, Office of Management and Budget, (954) 357-6345

Fiscal Impact
Fiscal Impact/Cost Summary:
The fiscal impact is detailed above in the Summary Explanation/Background section of the agenda item.
Attachments
Exhibit 1 - 2nd Supplemental Trust Funds (4)


    

Level double AA conformance,
                W3C WAI Web Content Accessibility Guidelines 2.0

AgendaQuick ©2005 - 2024 Destiny Software Inc. All Rights Reserved.