Broward County Commission Regular Meeting


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AI-27873 36.       
Meeting Date: 12/04/2018  
Director's Name: Norman Foster Submitted By: Management & Budget
Department: Management & Budget  

Information
Requested Action
MOTION TO ADOPT supplemental budget Resolution Nos 2018-540 through 2018-545 within Enterprise Funds in the amount of $7,912,071 primarily to reappropriate funds for prior year commitments.

ACTION:  (T-11:10 AM)  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 reappropriate funds for prior year project commitments.
Is this Action Goal Related
Previous Action Taken
None.
Summary Explanation/Background
Staff typically presents three supplemental budget amendments per year to the Board. The purpose of the first supplemental budget amendment is primarily to reappropriate funds for specific non-recurring items which were unexpended at the end of the Fiscal Year.

PORT EVERGLADES OPERATING FUND - $2,138,548 - Fund balance is reappropriated for prior year commitments, including the Master Vision Plan ($1,246,682) and other studies ($891,866).

PORT EVERGLADES CAPITAL FUND - $456,030 - Fund balance is reappropriated from law enforcement trust (LETF) revenues for the purchase of radios for the replacement of the public safety radio system and to fund a reserve for future LETF eligible projects.

WATER & WASTEWATER OPERATING FUND - $2,389,344 - Fund balance is reappropriated for prior year commitments, primarily for updating the software system used to control the water treatment plants and vehicle/equipment replacements.

WATER MANAGEMENT FUND - $94,939 - Fund balance is reappropriated for prior year commitments related to surveying, planning and vehicle replacement.

SOLID WASTE FUND - $2,808,210 - Fund balance is reappropriated for various prior year commitments including capital equipment replacement, design services and building/land improvements ($2,011,300). In addition, fund balance is also reappropriated for the Solid Waste Recycling Study ($400,000) and other prior year operating commitments ($396,910).

UNINCORPORATED AREA WASTE COLLECTION FUND - $25,000 - Fund balance is reappropriated for prior year commitments.
Source of Additional Information
Norman Foster, Director, OMB, (954) 357-6346

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 - Enterprise Funds (6)


    

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