Broward County Commission Regular Meeting


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AI-28640 29.       
Meeting Date: 03/28/2019  
Director's Name: Norman Foster
Department: Management & Budget  

Information
Requested Action
MOTION TO ADOPT Resolution No. 2019-113 authorizing the County Administrator to advertise a Public Hearing to be held April 16, 2019 at 10:00 a.m. in Room 422 Governmental Center for adopting supplemental budgets to amend revenues and appropriations.

ACTION:  (T-10:30 AM)  Approved.

VOTE: 8-0.  Commissioner Sharief was not present.
Why Action is Necessary
Supplemental budget amendments are required whenever existing revenue sources, such as fund balance, are increased and the change results in an increase in the total appropriations of a fund.
What Action Accomplishes
The primary purpose of the supplemental budget amendments is to adjust the Fiscal Year 2019 budgeted fund balances to reconcile with the Fiscal Year 2018 audited financial statements.
Is this Action Goal Related
Previous Action Taken
None.
Summary Explanation/Background
A public hearing is requested to adopt supplemental budget amendments in various County funds, primarily to make the adjustments in revenues and/or appropriations needed to correspond with the Fiscal Year 2018 audited financial statements, including reconciling budgeted fund balances with actual audited fund balances.
Source of Additional Information
Norman Foster, Director, Office of Management and Budget, (954) 357-6346

Fiscal Impact
Fiscal Impact/Cost Summary:
The fiscal impact of supplemental budget amendments varies by fund and will be further described in each individual agenda item.
Attachments
Exhibit 1 - Resolution
Exhibit 2 - Notice of Public Hearing


    

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