Broward County Commission Regular Meeting


Print

Return to the Search Page Return to the Agenda
AI-27872 35.       
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 2018-537 through 2018-539 within the Capital Fund in the amount of $7,802,000 to reappropriate funds for prior year project commitments and to provide additional funds for other projects.

ACTION:  (T-11:09 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. This budget amendment also includes a number of proposed new appropriations to address issues that have arisen since the adoption of the Fiscal Year 2019 budget.
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. This budget amendment also includes a number of proposed new appropriations which are highlighted individually below.

GENERAL CAPITAL OUTLAY FUND - $1,200,000 - A transfer from the general fund is appropriated to fund Mobile Data Terminal (MDT) units countywide in first responder vehicles.

ENGINEERING CAPITAL OUTLAY FUND - $650,000 - A payment from the "American Dream" project developer is appropriated to fund adaptive signal control services on Miramar Parkway.

BROWARD REDEVELOPMENT PROGRAM CAPITAL FUND - $5,952,000 - Fund balance is reappropriated for the Tamarac project which is installing utilities and infrastructure  within the city ($1,500,000). This project could not be reappropriated administratively due to the number of years the project was inactive from a financial perspective. A transfer from the general fund is appropriated for Round 3 of Broward Redevelopment Program project awards ($4,452,000).
Source of Additional Information
Norman Foster, Director, Office of Management and Budget, (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 - Capital Funds (3)


    

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

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